This is the last day of Tekedia Hub Automation Week is live
Our New Book from Tekedia Institute Now In Lagos – “Seizing Our Singularity Future”
Tekedia Institute is happy to share that copies of our new book are now in Lagos. Yes, “SEIZING OUR SINGULARITY FUTURE: An Entrepreneur’s Guide” is now in Lagos. Four of our faculty members turned their course in Tekedia Mini-MBA into an amazing book. Edward Hudgins, PH.D Brent Ellman, Gennady Stolyarov II Chogwu Abdul, PhD . In April, they will return to the Institute for another Live session on “Exponential Technologies and Business Opportunities in the Age of Singularities” for our members.
Book summary: “The essays on this volume were developed for a course on “Exponential Technologies and Business Opportunities in the Age of Singularities” by Transdisciplinary Agora For Future Discussions Inc., (TAFFD’s), for the Tekedia Institute as part of a Mini Masters of Business Administration program (mini MBA).This volume offers insights that will benefit any individual who comes about their lives and the future of their families, friends, neighbours and countries.”
The reviews are 5 stars on Amazon. Our team is batching the next shipping. But you can buy directly at Amazon.
Tekedia Mini-MBA is registering for the next edition – learn from the best here.
Spain’s New Law Classifying Gig Workers As Employees Deepens Threat to Gig Economy
When the Supreme Court ruled that Uber drivers in London should be classified as workers in February, many knew it has set a trajectory that will hunt the gig economy.
On Thursday, the Spanish government announced legislation that classifies food delivery riders as employees of the digital platforms they work for, AP reported.
The legislation is as a result of Spain’s Supreme Court ruling last September that classified delivery drivers as employees not independent contractors, following a case brought by a former Glovo driver.
The new law also requires the companies, such as Glovo and Deliveroo, operating the delivery platforms, to hand over to their workers’ legal representatives information about how their algorithms and artificial intelligence system function in assigning jobs and assessing performance, among other aspects, the report said.
The Spanish government, together with the country’s main business groups and trade union confederations agreed on the new law.
But it has ignited a fresh controversy, not only between the authorities and the digital platforms, but also some delivery men who want to remain self-employed because they like the flexibility it accords them.
The Minister for Labor, Yolanda Diaz described the law as pioneering and part of modernization of the labor market in Spain, updating regulations in accordance with technological developments to ensure workers’ rights are upheld.
She said the rule on disclosing how the digital system works is “epic” as it “neutralizes algorithmic punishments.”
There have been allegations by drivers that operators of ride-hailing apps, including Uber have been manipulating the system algorithmically to cheat on the gig workers.
Diaz and other concerned voices hope disclosing how the digital system works will help to protect drivers from algorithmic malpractice by the platforms.
But a statement issued by the Association of Service Platform said the new law is an attack on Spanish digital economy.
The statement said “the rule on disclosing algorithms is a measure which undoubtedly will have a very negative effect on the development of the digital economy in Spain”.
It added that “the rule is an assault on the most basic principles of the freedom to do business and intellectual property rights.”
Deliveroo has urged the authorities in Spain to reconsider the law as it would affect the food sector. Statement issued by the London-based food deliverer said “the measure will lead to less work for riders, will hurt the restaurant sector and will restrict the areas where platforms can operate.”
The law appears complicated as it means forcing drivers who want to remain under the gig economy model to become employees, taking their rights to control their time away.
California failed where London and now Spain succeeded in classifying gig workers as employees who deserve labor rights and benefits. With this development, the gig economy in Europe has come under threat as more countries in the EU bloc will likely follow the trajectory.
Uber, which runs UberEats has been in fight with the authorities both in the US and Europe to keep its drivers independent. The proposition 22 ballots, which allowed people to decide if they want Uber to continue with the gig model through vote, helped Uber and others win the challenge against the state of California in November, but the gig economy doesn’t have such a lifeline outside the United States.
In an apparent effort to take the attention of the authorities off its business model, Jamie Heywood, Uber’s regional general manager for northern and eastern Europe said the company “have made some significant changes to our business, guided by drivers every step of the way. These include giving even more control over how they earn and providing new protections like free insurance in case of sickness or injury.”
The new Spanish law indicates that authorities in Europe are not impressed by such efforts by Uber and other digital platforms to uplift the livelihood of their drivers.
Tekedia Live On Consumer Marketing In The FMCGs Sector
Tomorrow is the day – Marketing in the FMCGs sector. They have called him the oracle of consumer marketing for his ability to create brands quickly. Emmanuel Agu, the Group Marketing Director of Jotna (the LaCasera Company) will lead Tekedia Live tomorrow as follows: Sat, March 13 | 7pm – 8.30pm WAT | Consumer Marketing in FMCG. The Zoom link in the Board.
More so, I am confirming that Transdisciplinary Agora for Future Discussions Inc. ( TAFFD’s )’s Georgia USA will be leading our session on April 6 to discuss exponential technologies and entrepreneurship. Four of their Fellows will be live and the session will run for two hours.
Meanwhile, we’ve opened a new edition of Tekedia Institute Mini-MBA; register today and get immediate access to my books . Learn from the best; join us today.
|
Code |
Description |
Cost |
|
MINI |
Tekedia Mini-MBA. And WhatsApp School |
US$170 or N120,000 naira |
|
MINF |
Annual Package: 3 consecutive MINI, and 2 optional capstones. |
$340 or N180,000 |
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MINR |
(optional) Homework review; faculty will review your homework with feedback. |
$30 or N10,000 |
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CAPS |
(optional) Tekedia capstone is a research paper, analogous to final college project. |
$60 or N20,000 per track |
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After payment, email info@tekedia.com
Nigeria Raises Petrol Price to N212 per litre
I just received a note that Nigeria has raised the price of petrol to N212 per litre. This is breaking hard news. Expect the Nigeria Labour Congress (NLC) and other stakeholders to protest over this increment. Yet, no matter how we see it, if we believe in the spirit of full liberalization, with no subsidy, this is the framework playing live. Yes, as the price of crude oil rises, petrol prices in Nigeria will rise. We hope it drops when the crude price drops. Crude oil price is rising which ideally should be a good thing in Nigeria – but with no working refinery, it is not looking great now!
This is a heavy one for President Buhari who began his tenure when the price of petrol was N87 per litre and now has to deal with it rising to N212. Of course, he “removed” the subsidy.
Tomorrow may be hotter in Nigeria as effective value of wages for most citizens crash! You may wonder – what next! Time for a state of emergency on Nigeria’s economy?
The fuel pricing regulator PPPRA said in its template released on Thursday night that a litre of fuel would now be sold for prices ranging from N209 to N212 per litre for March. This was against N186 the crucial commodity retailed for in February.
The PPPRA said the landing cost of petrol in March would be N189.61 per litre as against N163.74 in February.
The PPPRA has been setting guidelines for petrol sales since the Buhari administration announced partial deregulation of the oil sector, but the government maintains control of policies that determine ultimate retail costs.
The new hikes come barely a day after President Muhammadu Buhari promised to return fuel price to below N100 for Nigerians.
Update: The government has deleted the post. “In the wake of the outrage that greeted the increase in the price of Premium Motor Spirit also known as petrol, the Petroleum Products Pricing Regulatory Agency, on Friday, deleted an earlier published template announcing that the new price of petrol has reached N212.6 per litre. The deletion came hours after the agency published the template on its website, http://pppra.gov.ng/pms-guiding-price-for-march-2021/, and after the Nigerian National Petroleum Corporation insisted that there was no increment in the ex-depot price of petrol.”
The state minister of petroleum resources, Timipre Sylva, also released a statement: ”Irrespective of the source of that information, I want to assure you that it is completely untrue. Neither Mr President who is the Minister of Petroleum Resources nor myself who deputise for him as minister of state has approved that the petrol price should be increased by one naira. I therefore urge you to disregard this misleading information.”
JUST IN:#NNPC Insists No Increase in Ex-Depot Price of PMS in March pic.twitter.com/IQ3S3EWVlM
— NNPC Limited (@nnpclimited) March 12, 2021
