She knows where all the grant funds are located! And she is coming to Tekedia Live to provide tips and guidance. Tekedia Institute will host our Faculty, Victoria Madedor, of Bank of Industry ITC on Thursday.
Thur, July 8 | 7pm-8pm WAT | Fundraising – Grants, DFIs, Govts, etc- Victoria Madedor, Bank of Industry ITC. Zoom link in the Board.
Tekedia Institute >> learn from the best http://school.tekedia.com/
One of my then students in Ahmadu Bello University just informed me that he has been promoted to a General Manager in one of Nigeria’s leading private companies. I congratulate Musa for his excellence and challenge other young people to continue to work hard for the nation.
I have visited more than 100 universities in Nigeria, helping to set up engineering labs through my non-profit, African Institution of Technology. Of course, insecurity has made things harder these days, vanquishing our old tradition of moving around campuses.
I like visiting Usman Danfodio University because they show great hospitality there. We set up the embedded systems engineering lab there. Let us continue to work hard for the old life to return: freedom to travel around Nigeria without worries. #believe
The Malaysian government has awarded Sweden’s Ericsson an 11 billion ringgit ($2.6 billion) contract to design and build its 5G telecommunications network, snubbing Chinese competitor Huawei Technologies. Nikkei Asia has the story.
Thursday’s announcement comes as Malaysia aims to make 5G connectivity available by year-end and cover 80% of the population by 2024. For starters, services are to be rolled out in Kuala Lumpur and Putrajaya as well as multimedia hub Cyberjaya within 2021.
Local media outlet The Edge reported in April that Digital Nasional — a Finance Ministry entity entrusted with owning and operating the 5G network — had invited eight vendors to participate in the tender: Ericsson, Huawei, ZTE, Cisco, NEC, Nokia, Samsung and FiberHome.
Malaysia has not shown the same aversion to Huawei as the U.S. and several other Western countries, which have blocked it from bidding for government contracts and especially 5G projects over concerns about security and links to Beijing. In February, Malaysia decided to partner with Huawei on a cybersecurity lab.
Earlier, in October 2019, Huawei was brought in as a 5G hardware supplier for Maxis, Malaysia’s largest mobile provider by subscribers. Under the deal, the Chinese company was to provide 5G radio equipment, services and expertise for Maxis’ network.
But the Maxis agreement was reached assuming that 5G spectrum allocations would be awarded to individual telecommunications companies, and that the choice of hardware suppliers would be up to the respective spectrum holders. Prime Minister Muhyiddin Yassin’s government, however, shifted away from the traditional allocation method by establishing Digital Nasional to own the 5G assets and spectrums.
In a statement on Thursday, Digital Nasional said Ericsson will handle the design and development of the country’s end-to-end 5G network. “Ericsson has undertaken to arrange to finance for the supply, delivery, and management of the entire 5G network,” Digital Nasional said. The agency said it will securitize future cash flows from its wholesale business via Islamic bonds to finance all other network operating expenses and repay all vendor financing arrangements.
The 11 billion ringgit arrangement includes tower rental and fiber leasing, of which more than 60% will benefit local contractors over the next 10 years, Digital Nasional said.
Ericsson has also committed to value-creation activities in Malaysia, through knowledge building and technology transfers. These endeavors are estimated to be worth 4 billion ringgit over the life of the contract.
“The faster connectivity speeds, ultra-low latency and greater bandwidth of 5G for mobile broadband will empower Malaysia to quickly close the digital divide,” Ericsson President and CEO Borje Ekholm said. “To this end, we will collaborate with Digital Nasional on a 5G Experience and Innovation Lab.”
Ericsson currently deploys 86 live 5G networks and has been involved in Malaysia since 1965.
An extremely new dimension of leadership for the industrialist. Yes, Abdul Samad Rabiu, the Chairman of BUA Cement Plc, has announced a share bonus gift, from his pool of shares, for employees of the company worth almost two billion Naira for their hardwork. And they really work hard when you look at the financials of this company. They hit Profit After Tax of N72.3billion in 2020, representing a 19.4% increase over the corresponding period in 2019. Well done Mr Rabiu.
According to the office of the Chairman, Abdul Samad Rabiu said that it was important to recognize the effort of key staff who worked tirelessly despite the 2020 pandemic to keep the company on a strong footing even as the company was better placed to stay profitable for the foreseeable future. “As we head into another year of record profits, this share bonus for our employees is only the right thing to do. By doing so, our core employees are better placed to benefit from BUA Cement’s future successes which they continue to help deliver,” Rabiu said.
It should be noted that despite the pandemic and attendant economic slowdown, BUA Cement Plc declared a 19.3percent increase in revenues to N209.4billion in 2020 from N175.5 billion, as at FY2019. The company also declared Profits After Tax of N72.3billion representing a 19.4% increase over the corresponding period in 2019. (from company press release)
His ancestors had dedicated a Temple around 10th century BC to Yahweh. But Nebuchadnezzar II destroyed it around 587 BC during the siege of Jerusalem. He grew up, and rose to become one of the most important men in Persia (in modern Iran): a cup-bearer to Artaxerxes, king of Persia, and later, the king made him a governor of Persian Judea.
To rebuild the Jerusalem wall, the king gave his permission to use timber from his forest. In the imperial Persia, which had conquered Babylon, commanding the territories with military and economic powers, the king’s timber went with the king’s builders and security. The wall was rebuilt within 52 days.
Yes, Nehemiah rebuilt the city wall circa 408 BC – the very one that stood in Jerusalem during the time of Christ. Later, Roman Generals Titus and Vespasian destroyed it. I am yet to read of any man that understands foreign policy, diplomacy and large project management better than Nehemiah.
If Nehemiah had used any timber that was different from timber from the king’s forest, he would have failed. Understanding the situation in the region, and asking for the king’s timber was the reason he succeeded. You must have the capabilities to decipher the most important component to have a successful project. And you must make sure you have that component.
Simply, any project that received timber supplies from the king’s forest was as good as done. And only the most important projects qualified. As the aides shipped the timber, the guards would follow, making sure that none was wasted. Another set of guards would monitor compliance.
It is the big picture thinking in project management: understand what matters. In Nigeria, what is the “timber from the king’s forest” for us to advance as a people? Yes, what is the most catalytic thing for success? If Nehemiah had asked for money, he could have gotten tons and still failed. But he asked for one thing that no human would ever waste: timber from the king’s forest. Today, in Nigeria, what is our timber?