Good People, l think we can discuss with civility and data. My piece on how Aliko Dangote’s global wealth has fallen due to Naira deterioration should not be used for mockery. Everyone agrees that we will all be doing daily thanksgiving if we are as “poor” as 10% of Dangote, despite him “losing” $17 billion global networth in six years!

But understand this: if Dangote is having it that way, imagine the spare parts seller. Imagine the garri seller. Largely, Nigeria is not working for most, except politicians and their families. 

I spoke to a Rotary club today and I brought that point: Nigerians’ personal wealth systems are dropping at an exponential level. This cut across sectors and business categories. Yes, every startup which raised money in foreign currency, in 2019, should be under water now, partly due to currency deterioration. It is a double whammy to overcome: grow to compensate for currency devaluation, and then create value for normal growth which investors gave you money.

Today, our Vice President, Prof Osinbajo, gave a speech on improving the ease of doing business in Nigeria through reforms. A friend in New York sent me the link with this comment: “…your country does not know that the only reform Nigeria needs for foreign investment now is a stable currency. Your problem has gone beyond bureaucracy”. He wanted to invest in a Lagos startup but he decided against due to his “fear” of where Naira would end in coming years.

The Buhariadministration’s business reforms, through the Presidential Enabling Business Environment Council (PEBEC), is an opportunity to significantly boost local and foreign investments in the country, according to Vice President Yemi Osinbajo.

Mr Osinbajo spoke Tuesday at a virtual meeting of the PEBEC to review the state of the reforms across a number of government agencies, noting that the Federal Government will continue to take the opportunity and ensure that more results are recorded.

As a result of the work of PEBEC, the World Bank has praised the economic direction of the Buhari administration and ranked the country higher in its annual Ease of Doing Business Rankings.

According to the vice president, “This is a country with so much promise, this is a country that has so much resources and our administration has every opportunity to do something profound about investments in Nigeria.

“We must focus on how to get our business environment working.”

We are all Dangotes at our levels. That chart should push everyone to see what is happening. Understand me: no one is saying that these challenges are easy. But that does not mean we cannot write about them.

Aliko Dangote Could Drop Out of Global Billionaire Index By 2025

Now I know why Edves is winning the primary & secondary school EdTech business in Nigeria, with its innovative tech solutions, which are helping schools, students and parents manage everything. ‘Dimeji Falana Falana, CEO of Edves, will lead a session, in Tekedia Mini-MBA, on the future of the education sector with focus on the technology elements.

He created a video which is so amazing that you may think it is a movie. But wait, he is sharing lessons and constructs on how people can find opportunities in the education sector, across Africa. We thank Edves, the operating system of school  management for sharing lessons with Tekedia Institute.

Experience the Great Lectures

https://www.tekedia.com/mini-mba-3/

In the domain of EdTech, Tekedia Mini-MBA is emerging. From banks to oil companies to the public sector, we are onboarding clients daily. But today’s one was unique: it came from an amazing Lagos company. That company is  FPG Technologies & Solutions LTD (FPG)  founded by my undergraduate classmate, Rex Mafiana. 

“Ekekwe, how far with this circuit?” Rex would ask those days in Federal University of Technology, Owerri (FUTO). You would talk, then, he would explain how he sees it. A solid intellectual conversation would follow and everyone would converge. A brilliant student and a leader in tech today. 

Before FPG, Rex was the West Africa District Manager of NetApp Inc., a Fortune 500 company. He built NetApp to its enviable position in West Africa. Before NetApp, Rex was the West African Sales Manager for IBM.

At Tekedia Institute, we welcome the FPG team to Tekedia Mini-MBA. FPG will find more markets and territories. And to the community, find how my classmate’s company can serve your market needs.

Every company has a challenge: how do you combine and recombine factors of production to fix market frictions, and drive organizational productivity with the best team? Yes, you hire, and you hope to have the best people. Jobberman, the category-king digital recruiter and pioneer digital talent company in Africa, has a solution: bring the power of data and software to help companies. 

The firm has introduced competency-based tests add-on to its platform to enable employers test job applicants for core skills and competencies in line with job needs during the recruitment process. This is making hiring a science. They want you to reduce recruitment errors and tackle problems associated with performance after a job applicant has been hired following the show of a great resume. Jobberman, with this new solution, wants employers to gauge the abilities and skills of job applicants. 

Jobberman Skills Assessments is innovation in the recruitment domain within its 2 million people database. Explore the catalogue.

The press release

Leading talent recruitment agency Jobberman has introduced competency-based tests add-on to its platform to enable employers test job applicants for core skills and competencies in line with job needs during the recruitment process.

The solution tagged ‘Jobberman Skills Assessments’ is borne out of a desire to reduce recruitment errors and to tackle problems associated with performance after a job applicant has been hired following the show of a great resume.

According to research by Jobberman, 36% of all hires end up being wrong hires and HR managers have revealed over time that they are faced with the “Lion on CV, cat on the Job” scenario. Jobberman, with this new solution, wants employers to gauge the abilities and skills of job applicants. The tests are curated by experts for numerous job functions and are designed to assess whether individuals have the skills necessary to perform various and essential aspects of a job beyond what is present on their CV.

Jobberman CEO, Hilda Kragha said in a statement, “Hiring the wrong candidate can be a frustrating experience for an employer and we will continue to seek ways to make recruitment productive and excellent. With the Jobberman Skills Assessment, we want employers to be satisfied with the recruitment process and ensure candidates can perform greatly on the job and  do what they said they can do on their resume.”

Employers who use the skills assessments product will also be able to test job applicants’ skills based on their experience level required for the job listing.

In addition to this, employers will get access to over 2 million candidates in the Jobberman candidate database, of which over 20,000 have been trained in relevant soft skills needed in the workplace..

Get the right fit for that vacancy, request for a demo to explore the Jobberman Skills Assessments product today.