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Home Blog Page 6068

The Questionable Generational Shift Versus Generational Integration in the Nigeria’s Quest for Greatness

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Like other countries in the developing world, Nigeria is yet to fully tap its growing demographics for meaningful socioeconomic and political development. In the north region, population is increasing at a higher percent. This is not quite different in the south, east and west regions. Many reports have indicated that human resource is the country’s biggest resource not oil. This has been premised on the fact that the country has a number of people with adequate skills, knowledge and certification in cities and towns who can solve problems thwarting the country’s economic and political growth.

Though, “there is a large group of people working to help the dependents such as 44% of the population currently under age 15”, but evidences have shown that their purchasing power is not sufficient to wither the economic storms. Youths who are supposed to help those above age 60 in towns and villages are relocating to urban areas, for jobs. According to current unemployment data, over 13 million youths are unemployed. Seyi Odetola, a Nigerian who based in the United Kingdom, is also of the view that Nigeria lacks political leaders with progressive and social reform mindset.

With the unemployment issue and the inability of political leaders to provide a sustainable environment for the youths, some youths who joined social and political activism after the 1999 general election believe that it is time for the youths to be part of governance. According to them, the baby boomer and generation X political leaders have failed to change the governance structure in favour of every citizen. In its piece on the recent political development in the country, the London School of Economics notes “Nigerian youths are yet to achieve representation in politics, despite growing evidence of youth activism and mobilisation for political inclusion.”

As the youths accused the baby boomer generation and generation X for poor leadership, political leaders believe that some of the youths are not ripe for the leadership positions. The youths have been described as being poor to run for political office by some politicians. The recent ENDSARS protests seem to renew the agitation for the youth inclusion in politics. Across the country, the protesters added some socioeconomic and political issues to their demands of ending police brutality, calling for generational shift. Instead of the shift, Abideen Olasupo, a youth advocate is of the view that the youths only need to call for realignment of the generational balance of power not generational shift.

“I think this is democracy, I don’t subscribe to the advice of chasing the whole generation and people out of the space, this is democracy, we are just trying to say, if young person contributes more than 60% to the Nigerian population, they should be given an opportunity to contribute to their own quota in a meaningful way. Look at the age bracket, the median age of Nigerian governor, it is more than 30 and at the national youth policies is saying the youths age stops as 29.”

 

Week 15 Session

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Notes: Check out the new home of Tekedia Mini-MBA: school.tekedia.com Tekedia LIVE  Wednesday | 7pm – 8pm | Scaling through Partnerships, MultiChoice/DStv BetKing Deal, General – Ndubuisi Ekekwe | Zoom link Thursday | 12noon – 1pm  | Raising Capital for SMEs and Startups – Comfort Aruosa-Osemwegie, CEO DealRoom | Zoom Link Saturday | 7pm-8pm | […]

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Week 12 Session

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Notes: Check out the new home of Tekedia Mini-MBA: school.tekedia.com Tekedia LIVE  Wednesday | 7pm – 8pm | Scaling through Partnerships, MultiChoice/DStv BetKing Deal, General – Ndubuisi Ekekwe | Zoom link Thursday | 12noon – 1pm  | Raising Capital for SMEs and Startups – Comfort Aruosa-Osemwegie, CEO DealRoom | Zoom Link Saturday | 7pm-8pm | […]

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The Really Bad UAE/Dubai “Golden Visa” Policy

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The United Arab Emirates (read Dubai) has updated its visa policy. Looking at it, it looks enticing but it is actually a very poor policy for professionals. Why do you need a ten year visa in a place you are working and living permanently? Essentially, there is NO path to citizenship within those first ten years – and I think that is a VERY big problem for people that may be considering it.

The United Arab Emirates will extend its “golden” visa system – which grants 10-year residency in the Gulf state – to certain professionals, specialised degree-holders and others, the UAE’s vice president said on Sunday.

Foreigners in the UAE usually have renewable visas valid for only a few years tied to employment. The government in the past couple of years has made its visa policy more flexible, offering longer residencies for certain types of investors, students and professionals.

All holders of doctorate degrees, medical doctors and also computer, electronics, programming, electrical and biotechnology engineers are eligible, UAE Vice President and the ruler of Dubai Sheikh Mohammed bin Rashid al-Maktoum said in a statement.

Also eligible are those with specialised degrees in artificial intelligence, big data and epidemiology, as well as high school students living in the UAE who rank top in the country and students from certain universities with a GPA of 3.8 or higher.

After first announcing a long-term visa plan in 2018, the UAE in 2019 started granting 5- and 10-year renewable visas to certain foreign investors, entrepreneurs, chief executives, scientists and outstanding students.

Do not immigrate to countries where you would work for ten years, and still need to be on a visa. It is a very bad call because what that means is that by the time you cannot work, upon retirement, the system will not pay you since most benefits are reserved for citizens.

Canada and the United States remain the gold standards: they give you a path to citizenship as a permanent resident, and that is a huge benefit.

More so, as I have noted here: PhD is a career insurance. Increasingly around the world, they cannot have enough of them especially those in the technical areas. I do not see how it could hurt anyone who chooses to get one! Even Dubai likes to keep PhDs. But do not fall for their visa policy if you have other options – there is nothing golden in it.

Yes, it is pure exploitation of young people who are increasingly looking for greener pastures. If you must leave Africa, consider Canada and the United States; their immigration & citizenship  policies are better.

The UAE must include a path to citizenship for people who come into the nation to live and work. Permanent residency is not just enough.

Overview of 4th Edition of Tekedia Mini-MBA (Feb 8 – May 3, 2021) [Video]

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Registration for 4th edition of Tekedia Mini-MBA (Feb 8 – May 3, 2021) begins. Tekedia Mini-MBA is an innovation management 12-week program, optimized for business execution and growth, with digital operational overlay. It runs 100% online. The theme is Innovation, Growth & Digital Execution – Techniques for Building Category-King Companies. All contents are self-paced, recorded and archived which means participants do not have to be at any scheduled time to consume contents.

Learn more and register at the edition page. Note the early registration benefits and deadlines.

Code Program
MINI Tekedia Mini-MBA costs US$140 (N50,000 naira) per person.
MINR Add extra (optional) $30 or N10,000 if you want us to review and provide feedback on your labs.
MINF Annual Package (includes 3 editions of MINI and optional 2 certificate courses): $280 or N100,000.
CERT: Add extra (optional) $60 or N20,000 for each capstone-based Certificate specialty course. You must have attended, begun, or about attending Tekedia Mini-MBA to qualify. The following Certificate tracks are available: