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A Key Project In 2021 – Launching Tekedia Capital in Q2 2021

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It is launched – visit this page for Tekedia Capital

 

We will launch officially on April 12, 2021 with a web page for Tekedia Capital. Any question, please contact capital@fasmicro.com. 

Happy New Year again. In 2021, I want to set up Tekedia Capital – a very early stage venture ecosystem. I have seen a trajectory and the validation is there: the new species of companies called startups are bringing an economic-Cambrian moment like never before, in Africa’s markets. Our goal is to become a feeder, and a pipeline, for the world of investing and venture business. We have done well, and I hope to institutionalize what we have learnt so far, at the next level.

I am confident that many would like to join this party with us. I think we have a real chance of co-creating a model that would deliver great results. It comes down to technology, and how it could remove information asymmetry, and improve the efficiency on the utilization of factors of production. Yes, through Tekedia, we “hear” the sounds of the new Africa, and we think we can respond, effectively.

Buhari’s New Year Address to Nigerians (full text)

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NEW YEAR SPEECH BY HIS EXCELLENCY, MUHAMMADU BUHARI, PRESIDENT OF THE FEDERAL REPUBLIC OF NIGERIA

1ST JANUARY 2021

My fellow countrymen and women,

First, I would like to thank and praise the Almighty who saw us through the year 2020 and has given us the opportunity to witness the start of another new year. We especially thank God because the year 2020 was one of the most trying years since our existence as a Nation.

  1. This can also be said about all other nations around the world, due to the challenges posed on our collective humanity by the novel COVID-19 pandemic.

  2. While acknowledging that 2020 was a very tough year, we saw this year put to test our national resilience and ability to survive these tough times and also gave renewed hope that we will again brave any storms that lay ahead in 2021 and beyond.

  3. As we celebrate the opportunity before us in this New Year 2021, we must also acknowledge the passing away of our brothers and sisters who didn’t make it into this New Year. May their souls rest in perfect peace.

  4. We must remember that we also celebrated the historic occasion of our sixty years as an independent and sovereign country on October 1st 2020. In the spirit of hope and gratitude, I would like to remind us again that as a country on the difficult journey to nationhood and greatness, we have confounded the many pundits at home and around the world who never gave the newly-born country that emerged unto the world stage on 1st October 1960 a chance of surviving much longer than a few years.

  5. Yet, here we are, 61 years by the next anniversary in October, and not only are we here, we are standing tall in the comity of nations as one country united under the will of God and also actively growing that indivisible Nigerian spirit that has enabled us, year after year, decade after decade, to weather all stormy waters and emerge stronger and better where others have fallen and disintegrated. This nation, this Nigeria will survive and thrive.

  6. In this journey to nationhood, we have experienced the highs and lows. 2020 indeed came with a lot of challenges ranging from security and economic issues across the regions to understandable protests that were mainly led by our youths and served notice to the demand for police reforms and accountability. This government heard, this government listened and this government is committed to fulfilling the five demands of our youths, fully understanding that we all wish well for Nigeria.

  7. In the midst of all these challenges, I had initially pledged that as your elected President and Commander-in-Chief, I would ensure that these ongoing challenges will be faced head-on with renewed determination and with all the appropriateness and urgency required. Your voices have been heard and we would continue to listen to you, and all the key stakeholders who are committed to the unity of Nigeria to ensure that every region of this nation is safe for us all, while guaranteeing that the future is also secure for the coming generation.

  8. I wish to also use this occasion of New Year to reaffirm my commitment to the people of Nigeria, especially the youth who need our collective encouragement and support. In securing this nation we need to secure the future of our youth.

  9. Our young people are our most valuable natural resource, at home and abroad. Their ingenuity, creativity, innovation and entrepreneurial spirit is evident to all. Many of our young people are excelling in various spheres of life including sports, entertainment, information and communication technology, commerce and are globally recognized as achievers.

  10. As a Government we are committed to actively engaging with the creative energies of our young people. In this regard, we will partner with the legislature to develop an enabling environment to turn their passions into ideas that can be supported, groomed and scaled across regions. This will create vast opportunities in fintech, agriculture, business process startups and in the entertainment industry.

  11. The year 2021 will indeed be a year where we will work to reinforce the hopes of fellow Nigerians in the vision of a united and progressive Nigeria. This administration would continue focusing on delivering key strategic priorities under our “SEA” – (Security, Economy and Anti-Corruption) Agenda. Some of the key priority areas we would direct our attention and strengths to include:

ON THE SECURITY:

  1. Re-energizing and reorganizing the security apparatus and personnel of the armed forces and the police with a view to enhance their capacity to engage, push back and dismantle the operations of both internal and external extremist and criminal groups waging war against our communities in some parts of the country.

  2. In line with the current security challenges, we are facing as a Nation, I would like to reiterate the promise I made recently when over 300 of our boys abducted from Government Science Secondary School, Kankara were successfully rescued by our security operatives.

  3. The professionalism shown by our Security Forces and the collaboration from all stakeholders across both State and Federal Governments that led to the successful rescue of the boys is proof that Nigeria has the internal capacity to decisively deal with terror attacks on our citizens.

  4. However, we recognize that we rapidly have to move to a more proactive and preemptive posture to ensure that these sorts of traumatic incidents do not become a norm. Our administration is fully aware of the responsibility we have to protect the lives and property of all Nigerians, and we will not relent in learning and adapting to changing threats to our national security and civic wellbeing.

ON THE ECONOMY:

  1. Our focus is on revamping the economy through the national economic diversification agenda that supports the primary goal of national food self-sufficiency. This has helped reduce the growing food related inflationary figures and have in considerable measure positively impacted our food security status during the long months of the pandemic lock down.

  2. We are also currently rebuilding our national infrastructure base and, in the process, introducing transformation through the rehabilitation, modernization, and expansion of the railway system, national roads and bridges both in rural and urban centres, alongside the airports and seaports.

  3. The reforms we have put in place in the power sector would guarantee increased efficiency in our drive to significantly expand the generation and distribution of electricity for use in homes and factories.

  4. As an administration we are currently undertaking a series of special interventions designed to boost job creation and support the entrepreneurial drive of our youths.

  5. With the recent opening of our borders, we expect that the pent-up demand of legitimate cross-border and international trade will boost the fortunes of the many small businesses and agricultural enterprises that depend on Nigeria’s trade and commerce.

  6. The message to our West African neighbours is that Nigeria is once again fully open for those willing to conduct business in a fair and equitable way.

ANTI-CORRUPTION:

  1. On the anti-corruption drive of our administration, we have recorded substantial gains so far and this year, we are committed to continuing along the path of eradicating corruption, through collaboration with all the arms of Government to effectively prosecute this fight.

  2. While we would be working with the Legislature to enact laws that would strengthen this fight, we would also be looking at reviewing some of our laws which would ensure that this fight is more effective. On the part of the executive, we would ensure the diligent and timely prosecution of corruption cases, while appealing to the judiciary to ensure that corruption cases are dispensed with expeditiously.

  3. The persistence of various forms of violence has meant that in the most affected parts of the country, the fabric of inter-communal harmony woven through years of investment of effort at building trust, mutual respect, and harmony has been threatened.

  4. Insecurity as a challenge has direct repercussions on our national economic stability, growth, and development, setting us back at critical points through the destruction of public and private investments.

  5. In parts of the country where chronic poverty, social exclusion, and disillusionment among sections of the youth were already a problem, the cycles of violence that have been unleashed by mindless groups like Boko Haram and others have thwarted the efforts of government to undertake the social policy and associated investments that could make a huge difference in the quality of life of our citizens.

  6. I am aware that for some of our compatriots, the progress we have registered since the inception of this administration is not nearly as fast or as sufficient as they would wish. I do not begrudge them their views in so far as they signify a wish, in which we all share, for only the very best for our country.

  7. Nevertheless, I call upon all Nigerians to carefully recall the circumstances of our coming to office, the facts on the ground and the resources at our disposal since 2015 with the accomplishments of this administration.

  8. As a people, we have shown admirable resilience in the face of every adversity, an unmatched capacity to recover speedily from every setback, an unparalleled generosity of spirit when we resolve our differences, and a constant readiness to invest faith and hope in the destiny we share as a united country built on the diversity of its peoples.

  9. It is these attributes that underpin the Nigerian spirit of “can do, will do” that gives me hope that we shall yet get to destination and fulfill our calling together, especially with the solid resolutions we are setting in this new year.

  10. Keeping our country on a forward march is a duty which we all have and share. In this regard, keeping our country safe from a resurgent cycle of COVID-19 as this administration finalizes its plans to procure and efficiently and effectively distribute the COVID-19 vaccines, I urge you all fellow citizens to observe strict COVID-19 prevention protocols.

  11. As your elected President, my pledge to you is the same as it has always been; I will play my part fully and without fear or favour. I invite all of us to do the same. It is what we owe to the founding generation of our beloved country and also to the coming generation. It is what we desire for national prosperity for all demands.

  12. Long Live the Nigerian spirit of oneness, togetherness, and unity. Long Live the Federal Republic of Nigeria. I wish you a Happy and prosperous New Year.

May God bless the Federal Republic of Nigeria.

In 2021, Unless You Set Expected Results, Merely Changing Habits Will Not Help

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In sports and most domains, legends are remembered for RESULTS, not processes, norms, dogmas and habits. In business, the icons of markets are those who have results with great monetary scores on the board. Like I tell our founders, if your numbers are great, the Board will see a good presenter. But if your numbers are lousy, no matter how good you speak, your presentation will remain mediocre. We are there for results, not your styles and processes.

In 2021, I challenge you to pay attention to results. While you can improve your processes and habits, make sure those processes are leading to the expected results. You run a blog, and it is taking you two days to have one article because you want to have a near-perfect piece. While you wait, someone has used 12 minutes to break the news, creating the Minimum Viable Quality (MVQ) needed for result.

The deal is this: the construct of quality has no meaning until the price of the product is put into considerations. I always ask entrepreneurs to build for the Minimum Viable Quality (MVQ) bounded by the product target price which market will respond. You can build rockets to fly around the world: that is an engineering possibility. But does that make a business sense if no one can afford it? Ask the makers of Concorde for answers.

So, it begins with understanding what you need for success, and looking at the best possible ways to get to the destination. Yes, your expected results must define your habits, processes and methods in 2021. Until you have clarity on what those results are, everything you are doing could be a waste of time.

Sports legends and business icons are remembered for RESULTS, not processes, norms, and habits. In 2021, unless you have clarity on expected results, changing habits will not help.

Yes, before you begin the orthodoxy of new year resolutions, do you have clarity on the expected 2021 results? If you focus on changing when you wake up, how often you visit social media, read your emails, etc, you may not make progress, if you have not defined what the results should be. 

Progress will happen when the expected results are known, and from there, you can begin to work on your methods and processes. But all those can only happen if you can measure things as you go on the journey.

I do not post much on Twitter and Facebook because I have measured, and noticed that my expected results cannot be obtained easily therein, due to the audience structure. I know the results I have set and using those platforms would not deliver them. But LinkedIn has been superb, and that is why I am always on LinkedIn. So, it goes before changing habits and norms, you need to understand what the expected results are, to make real progress in 2021.

Greatness comes through results and those results must drive the habits to achieve them. Happy New Year.

I did PhD to validate my First Class Honours in Language Arts of 32 years earlier – Joan Oji

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Remember her story? She is the grandma that bagged a PhD at age 62. Her story went viral and has become a source of inspiration for many Nigerians. Curious to know what was the main reason behind her going for a PhD, Rasheed Adebiyi had a chat with her on issues ranging from this, her writing and parenting in this era. Here are excerpts…..  

Tekedia: Could you tell us about yourself?

Joan Oji:  My name is Joanah Iheoma Oji, but I’m popularly known as Joan Oji, my pen name. By popular Nigerian nomenclature, my name is “Dame Dr Mrs Joan Iheoma Oji, JP.” Laughs. I hail from Abia State and a resident of Abuja. I’m 63 and a Pensioner from FCT Administration where I retired as an Assistant Director of Education in 2017. My field of specialisation is English Language Education, but I also possess a Diploma in Spanish and a Certificate in French. My highest academic qualification is Ph.D in English Language. I currently work from home as an Education Consultant, Academic Mentor, Editor, Proofreader, and a Translator. I train teachers, broadcasters, preachers, etc. on English Language Proficiency. My clients are mainly private schools, authors, PG students, and Researchers.

Tekedia: You recently made the headlines on your feat of attaining a PhD at an advanced age. What was the motivation behind obtaining that degree at that age?

Joan Oji: My so-called late bloomer status in higher education wasn’t because I was a slow learner. Quite the contrary. My TC II was obtained at age 19, while my NCE in English /Primary Education was with Distinction in 1983. I actually completed the NYSC in 1983/84 at age 27, and went straight back for my Bachelor’s Degree in Language Arts in 1985. I earned it with a First Class Honours in 1987. The university (ABU, Zaria) offered to retain me for an MPhil/PhD but I declined because I was 30 and already a mother of 6. I needed to go home and attend to my children’s education before it was too late… So, to answer your question, what prompted me to return to academics was because those children were doing exceptionally well and I wanted to spur them to do more. The eldest is wrapping up her PhD while the rest have higher degrees in their various disciplines. My Master’s in Language Education was obtained in 2011, while my PhD in English Language followed in 2019, by which time I was already retired. My unstated reason for this PhD, I can share now, was to validate my B.Ed Language Arts (First Class Honours) of 32 years earlier. My course mates from that time needed it, to prove to them that I am still the same brain they used to admire. You see, about 5 of them are lecturers now, 3 of whom are full-fledged professors. Yet, I was the only First Class in that 1987 Language Arts set. Even my lecturers back then are now very happy with me. As one of them used to tell me, “You treated ABU First Class degree as if it was trash.” I have pacified them all.

Tekedia: You have four books to your credit. What moves you to write the kind of books you have written?

Joan Oji: I write a lot, but I read more than I write. As a bookworm, I can spot errors in grammar and usage that the authors didn’t see. At first, I tried to point them out to the writers. Over time, however, I realised that Nigerians don’t like to be told their faults. That’s why I now charge them real money for editing and proofreading their manuscripts. And they are paying without qualms. It took me many years of reading badly written books by Nigerian authors before I summoned the courage to write Heart Trick, which I self-published in 2009. By August 2010 when I did the official launch, someone suggested that I should submit it for ANA Prize evaluation. To my surprise, this debut novel made the Shortlist of the 2011 ANA Flora Nwapa Prize for Women’s Writing. It didn’t win, but it was all the boost I needed to deepen my creative writing ability. Since then, I’ve published a children’s non-fiction, Abuja The Beautiful (2012), a preschool textbook for teaching young children to read, Phonics For Beginners (2016), a short story for teens, Gone Too Soon (2016), a true-life short story on parenting, The Girl-Child Challenge — How We Raised Eight! (2017), and the tribute to my late husband Mazi J. M. Oji’s Witty Sayings & Quotes (2017). These last two were launched on my 60th Birthday and Retirement Thanksgiving in 2017.

Tekedia: I know that as a grandmother, you would have had experience with the millennial youths. How could you describe them? And what is your advice for parents on these young ones?

Joan Oji: As a Teen wife, working and studying mother, my parenting style was quite different from what obtains now. I don’t know how I would have handled this digital age children, because, from my teaching experience (primary through secondary) male students are more difficult to teach than girls. Now, I’m honestly very apprehensive about my grandsons (I have a soccer team of boys already). My candid advice to millennial parents is to embrace change and make room for the generational gap. Be as up-to-date on current trends as your children. I’m on Social Media and my eldest two grandchildren are my friends/followers. I urge parents to befriend their offspring, and give their children the benefit of choosing what they want in life, and then support them to achieve those dreams. I wouldn’t force my grandchildren to pursue a PhD if they have their own contrary view of success principles. But I insist that all of them must get at least a Bachelor’s degree before anything else. That is our family benchmark. Finally, life outside of Christ is chaotic and and painful. Faith works in all areas of our life. I’m a living proof of that.

 

 

Happy New Year – 2021 Will Bring Abundance

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It is all beautiful – leaving the bounds of 2020 (what a year!) to touch the ecclesiastical blessings which 2021 has in stock for all. I spoke with my elder brother, Engr Dr Okey Ekekwe, a zonal pastor in RCCG and a chemical engineer in the upstream Nigerian oil industry, he has a message: 2021 will bring abundance to you, your friends and your associates.

Good People, I ask you to join me to say Amen. In 2021, we will experience abundance in health, wealth and wisdom. The works of our hands would be blessed, and peace will reign in Nigeria and Africa.

Happy New Year.