Good People, Tekedia Live tomorrow will focus on Tax Law and Policy. A member of Tekedia Institute Law Faculty, Jerome Okoro PhD, will lead and anchor the session. Dr. Okoro, a law graduate of University of Nigeria Nsukka, LLM from University of Lagos and PhD Law from University of Ibadan, is the Managing Partner of Tetralex, a law firm tetralex.com.

Dr. Okoro possesses a wealth of experience in diverse areas of law practice, with remarkable expertise in Tax, Energy Law and Litigation. He is a member of the Chartered Institute of Arbitrators (UK), International Fiscal Association, International Bar Association, and the Nigerian Bar Association.

Tue, April 27 | 7pm – 8pm WAT | Tax Law & Policy – Jerome Okoro PhD, Managing Partner, Tetralex

Zoom link in the Board.

Tekedia Institute Mini-MBA >> Learn from the best

“For the first time in this company, our audit came back “PERFECT”. Help me thank Yusuf Sanni  of BUA Cement,  Abel Osuji of Afreximbank and Akeem Rasaq of Chapel Hill Denham for saving Ezemba &  Sons Onitsha Main Market.”

Thank you Abel Osuji , Akeem Rasaq, BSc, MRM, MScFE and Yusuf Olatunji Sanni (MSc,CFAN,ACA,ACTI,BSc) for providing a template for auditing and risk management for SMEs. From Idumota to Kogi to Onitsha to Nairobi, you are improving businesses.

Thanks for making Tekedia Mini-MBA a school for builders, innovators and growth makers. We have built a school which traders like because they do not need to close shops to learn.

Forward Africa – all the way to the mountaintop.

For two days, I joined the experts at Stanbic IBTC Pension Managers  to learn about pension in Nigeria. As an employer, I have wanted to understand from the experts the whole nexus, while exploring if there are ways we can improve what we do, and offer in our companies. Also, with many startups in our portfolios, I wanted to become more knowledgeable in this domain of pensions and broad retirements.

Specifically, I wanted to understand how they can beat inflation and deliver real value, not just on absolute figures, but on time-value of money. As I listened during the sessions, they made a case that “Your retirement from work should not mean retirement from your aspirations.” Then, the 150-company history, on managing money, came through. It was an amazing two-day pension knowledge excursion. Like this photo shows, I like the company and is always in their midst!

Nigeria has advanced on its pension reforms with the transfer window introduction. With the lock gone, I expect quality service, technological innovation and cost efficiency to accelerate in the industry. I saw some elements of what is to come – and it looks promising. The redesign is massive, and I see an emerging Pentech (pension technology) on the horizon -Layo Ilori-Olaogun was superb on the pension digitization playbook. Great people in that company.

Yet, like I asked the Stanbic IBTC Pension Managers team, “I like your products and the technologies. But yet, any luck when startups would see some of the industry assets as investments?” Can the regulators ask for that?

“Much has been made recently of recent high profile roll outs in Africa as new ‘Continental HQs’ and how Nigeria, the highest country by GDP on the continent by some margin, has lost out. The first was the high profile loss of Twitter to Ghana, and now just announced, the loss of Amazon to South Africa. Does this mean the slide in global thinking is running away from Nigeria and it’s apex position as the ‘obvious go-to’ is no longer assumed?”

John Mc Keown begins with those lines on a piece examining the state of Nigeria, trying to answer if that “dominance” connotation is real or ofeke. Personally, I do not think it matters: Nigeria remains the king because we wear the biggest suits and shout loudest even though South Africa budgets close to $100 billion more, despite having less than 30% of our population.

Nigeria is dominant and that position is unchallenged despite the paralysis. If Lagos is a country, it would have all these HQs by itself. But Nigeria diminishes it! Twitter is not a big deal; its products are not that catalytic. I am waiting for who will host Intel, AMD, Nvidia, etc design centers in Africa! We need more than sales offices.

Nigeria’s Africa Dominance – Illusion or Misconception?