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Six Business Trends for Year 2020 in Nigeria

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The year 2020 for many Nigerians marks the end of yet another decade while for others it is the start of great business and entrepreneurial feats. Without gainsaying, the Nigerian business and entrepreneurial ecosystem has grown tremendously over the past 10 years when the word “entrepreneurship” was merely confined to the lips of economists but now attained a more general and national status of honour, with curricula, policies and even dates to celebrate it.

The past decade also saw the advent of new business tools and innovative technologies making the process of starting and running businesses more efficient and fun, all of which is giving rise to a whole new wave of business and enterprises different from the traditional brick-and-mortar / “demand-and-supply” models that once dominated the Nigerian business sphere.

As usual, projections for the new year have begun with expectations for the new decade even higher. Many business practitioners are equally in high spirits to create the next generation of businesses that will take the nation by storm. It is therefore in this spirit that I present some of the top business trends that will be instrumental in the new decade, characterizing and shaping the Nigerian business and entrepreneurial landscape for the year 2020:

1) Family Owned Startups: As many Nigerian entrepreneurs and business owners are beginning to see the need for partnerships and collaborations, and more precisely the benefits of having cofounders, I predict a significant increase in the number of family cofounded startups that will be birthed in the year 2020. While the previous decade saw college/dorm-mates coming together to start new ventures, year 2020 will witness more familial addition to the mix such as daughters and mothers, husbands and wives, uncles and nephews, brothers, sisters, etc. teaming up to cofound scintillating enterprises. Such ventures have high trust coefficient and therefore stand a better chance at financing and building remark-worthy brand.

  • The Hack: Effective conflict resolution and entrepreneurial management system to the rescue!

2) Subsistence Agriculture: Massive urbanization, rural-urban migration, mechanization amongst others factors have no doubt played altering roles in our farming culture nonetheless I predict that subsistence agriculture will gain a massive resurgence in the year 2020, engaging both young and old, farmers and non-farmers alike.

  • The Hack: Empty spaces (building tops, courtyards, verandahs etc.) will become gold!

3) Adult Education: Perhaps for the pervasiveness of the internet and growing penetration of other technologies too, there’s a growing fascination and indulgence for technology and new experiences among older citizens and as such I predict an interesting increase in and around adult education. Worthy of note is the purchasing power that characterizes this demography but might require the patience and devotion of a kindergarten to fully unlock the potentials.

  • The Hack: Internet for dummies!

4) Niche Marketing: As the new decade appears and the business and entrepreneurship space continues to expand, I predict that more business & startups will further tow the path of finding and occupying a small suited market position as compared to the jack-of-all-trade approach. For example, Marketing, niched down to Digital Marketing, further niched to Social Media Marketing, and further niched down to IG Marketing etc. While many businesses might boast ambitious goals and growth for the year 2020 still, achievement of this growth will be in confined sphere of business or segments.

  • The Hack: Find your juice and SQUEEZE!

5) Mobile Phone: More than ever, the responsibility of our mobile phones will increase exponentially beyond calls, social media and surfing the internet. If you think you can’t do without mobile phones now, wait till your business, finance, health, entertainment and every area of life is dependent on it, as I predict that the mobile phones for the upcoming decade will become more like blood in the body, an accessory we all can’t live without.

  • The Hack: Mobile App for everything!

6) Data Analytics: While the previous decade saw a meteoric rise in information creation, sharing and consequently its overload, analysing data has become a thing, a thing that has come to stay. From figures ? data ? information ? action, I predict that the year 2020 will see massive adoption of data analytics, personalization, and also serving as the new basis for judgement and decision making.

  • The Hack: You can’t manage what you can’t measure….age ain’t a number baby!

The Nigerian Governors’ Forum Letter To First Lady Aisha Buhari On the “Day of Judgment”

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This is from Premium Times:

The Nigerian Governors’ Forum (NGF) says state governors are not the sole target of a comment by First Lady Aisha Buhari that things are ‘getting out of hand’ in the country without the governments doing much about it.

Mrs Buhari, who has criticised various government organs in the past, took a swipe at the governors, saying citizens do not have access to potable water in some states.

“People cannot afford potable water in this country while we have governors,” she said on Friday at the Nigerian Supreme Council for Islamic Affairs (NSCIA) general assembly meeting in Abuja.

Then the NGF responded. This particular section got me laughing:“To insinuate that the First Lady was referring to Governors when she said, “People cannot afford potable water in this country while we have governors,” erroneously suggests that only State Governors would meet God on the day of judgment.” 

Madam First Lady, your husband is the president. If Nigeria does not have potable water, the governors are simply saying that Mr. President and the governors are jointly responsible. Yes, you cannot deflate this responsibility to governors alone since it seems even the governors now agree that a Day of Judgment will come, even though we may not have a Day of Fair Election!

Simply, tell Mr. President that we do not have potable water in Nigeria.

(Women – do not see this as an attack. I rarely go this far as I always focus on the primary politicians. But with First Lady coming into the fray, I think we need to let her know that Nigeria is still waiting for the promises, including free potable water).

Read the full NGF statement below

”That Aisha Buhari’s rebuke at the National Mosque during the National Executive Council meeting of the National Supreme Council for Islamic Affairs (NSCIA) could not have come at a better time. That the nation’s religious leaders have to be told by none other than the First Lady, Mrs. Aisha Buhari, that things are getting out of hand, is an indictment not just of governors, as the reporters would like the general public to believe, but of the nation’s entire political elite.

“Unfortunately, the haste to paint state governors with one brush or the race to hit the front pages in this case, destroyed the message that the First Lady seeks to convey. Mrs. Buhari was sermonizing on anyone in a position of power or authority to fear Allah in whatever they do because, according to her, as it is said in the scriptures, everybody would eventually account for his deeds before the Almighty God.

“To insinuate, therefore, that the First Lady was referring to Governors when she said, “People cannot afford potable water in this country while we have governors,” erroneously suggests that only State Governors would meet God on the day of judgment.

“It was in the same breath that she said, “We should either fasten our seatbelt (meaning tighten our belts) or do the needful or we will all regret it very soon because, at the rate, things are going, things are getting completely out of hand. The VP (Yemi Osinbajo) is here, some ministers are here, they are supposed to do justice to the situation.”

“How the reporters at the occasion conveniently forgot the above part of the speech and singled out governors in passing the message, therefore, remains a mystery.

“Governors are doing their best to lift Nigerians out of misery and Nigerians are beginning to witness an improvement in their standards of living because of the conscious efforts of State Governors throughout the country. The nation is replete with remarkable improvements in different facets of public life.

“It is therefore incorrect and mischievous to allude to the warning by Mrs. Aisha Buhari as only directed at state governors as there is nowhere in the speech where the First Lady referred directly to the governors.

”For example, public schools in Kaduna have received a serious boost, aged women in Ekiti State are receiving stipends from government to keep their bodies and souls together, food security has taken the front burner in Ebonyi, Lagos and Kebbi States, unqualified Permanent Secretaries have been uprooted in Adamawa State and youth empowerment has taken center stage in Ogun. There are similar examples in every single State of Nigeria, all thanks to the hard work governors are putting into their jobs.

“It is therefore incorrect and mischievous to allude to the warning by Mrs. Aisha Buhari as only directed at state governors as there is nowhere in the speech where the First Lady referred directly to the governors.

“Meanwhile Governors have also lent their voices to the social media Bill that is currently setting the tone for a showdown between the public and the National Assembly. The First Lady also made reference to the Social Media Bill in her speech at the NEC of the NSCIA.

“At its last meeting this November, which was chaired by the Governor of Sokoto State and Vice Chairman of the Nigeria Governors Forum, Rt Hon Aminu Waziri Tambuwal, the governors stated categorically that, because the Social Media Bill affects everybody, it is necessary for the National Assembly to consider holding a public hearing on the Bill before it is passed.”

How to Move on from Divorce – An Interview with Tiffany Ann Beverlin

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One of the toughest things to handle in life is divorce. Many people do not do well in this aspect. The hurts and pains of a broken heart always haunt everyone. Top celebrities in the world have tasted divorce and some of them were never the same since then.

The inability to move on from divorce seems impossible but it is achievable. That’s why I have invited a wonderful guest all the way from the United States of America.

She’s the founder of DreamsRecycled. She’s a published author and a contributing writer and blogger for Thrive Global, HuffPost, Mogul and SheSavvy.

Dear audience,

I present to you – Tiffany Ann Beverlin

It is so wonderful to have you in this edition. You are one of the most hard working entrepreneurs I’ve known for a while now. I am very sure there’s a lot to know about Tiffany. Can you tell us more about Tiffany Ann Beverlin?

Well firstly I am a Mom of 3 beautiful children, I live in sunny Florida and my passion is to help both men and women going through divorce navigate it in a healthier, more positive way. 

Your book was written after your divorce experience, can you share more about that, please?

I wrote my book to help others who have or are going through an adverse situation find hope. It’s the true story of how I went from unemployable single mom of 3 to starting my own company. It’s filled with lots of tips and lots of advice. 

Many people don’t do well after the divorce. What has actually helped you to scale through after such a trying moment?

It is understanding the bigger picture that life for us all is filled with adversity. We can only control the way we react and we have to have faith and hope that life will indeed get better with a little work and a positive outlook. 

Being a female entrepreneur, how has that helped you personally and professionally?

I think being a female founder is a double edged sword. In some ways it helps because there are relatively few of us. In other ways we still though are treated differently and not respected as much as a male entrepreneur may be treated. 

Too many are always scared of walking  out of a relationship that is not working because of so many things involved like society, years of being together, kids, finances, what will you say to such people in that situation?

I think divorce is not the answer to everyone’s relationship issues. Marriage is a commitment that you should try and work on. If you find yourself in an abuse situation or living in misery I think the best thing you can do if you can’t work through it in counselling is agreed to divorce amicable and put your children first.

When is the right time to walk away from a marriage that is not working?

Anyone has the right – only the people within the marriage really know how and what is happening in that relationship. If you are being emotionally verbally or physically abused though you most surely should leave for your own physical and mental health. 

Your book – ”My Dream Recycled”, how has it been able to help divorcees?

Divorcees are helped many ways primarily because it walks you through many of the ups and downs of divorce showing you what to do and what not to do. It also helps you understand the power of positivity and daily action so people have real guide to get to a better place quicker. 

What was the feedback you got from it?

People love it they find it helpful and even funny as I describe the many failed weird and crazy dates I went on after my divorce. 

Where can your book be purchased from?

Amazon the book is called ‘My Dreams Recycled’ by Tiffany Ann Beverlin.

Thousands of people will be reading this interview. If anyone wants to contact you, how can you be reached?

I can be reached through our website at or at info@dreamsrecycled.com

Thank you! 

What should we expect from you in the next five years?

I am not sure where or what I will be doing in 5 years. I would like to think that my company would have spread globally to help more and more people through the challenges of heartache. 

What advice do you have for the audience, especially the divorcees?

I think the best thing you can do through your divorce is to make sure you have a support system, join a group or community like ours and make sure you are taking care of yourself eating, sleeping, exercising, etc. 

Thank you, Tiffany Ann Beverlin. It’s been wonderful chatting with you. May your dreams come true.

You too it’s a pleasure thank you! 

Pop Culture Africa! A Narrative on Afrobeat, Afrobeats and Highlife

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Yes, it has been a long four years since I posted a piece entitled “Pop Culture Africa: Review of Creativity in the Music Industry” on LinkedIn.

In that post I highlighted my an interesting encounter of a display at the British Library in the King’s Cross area of London, which featured the image of Fela Anikulapo Kuti, the king of Afrobeat (yes, without the “s”) and acclaimed President of the masses. My encounter of the billboard was based upon my daily commute into London (at the time) since taking up a job in the knowledge quarter in September 2015.

Talking about Fela, the man has been misunderstood by many, incarcerated for his political views and wayward lifestyle, but still revered for his creativity as far as music goes. Following this observation, I unpacked my 5-point confession as follows:

  • I bought my first book on Amazon only last week.
  • I have started paying attention to non-academic texts after reading this book (calm down, I will reveal the title and author in due time).
  • I have now read the article on The DIY Artist for the umpteenth time (this morning was the most recent read).
  • My discovery of Dr Modupe Faseke is dejavu as I have now discovered Professor Sonny Oti author of a must read entitled Highlife in West Africa (yes that’s the book I recently bought on Amazon).
  •  My call for papers highlighting the creativity of African artists in 2014.

Following this encounter, I had sought, albeit all but given up on the plan to exploit this observation in a special issue of a scholarly journal, which was subsequently pulled from the African Journal of Business & Economic Research special issue on “Entrepreneurship in the creative industry in Africa.”

“…creative entrepreneurs from Africa have changed the way music is viewed by tapping into political issues in the European Union and utilising their own innovative marketing campaigns. The rising economic powerhouses of countries in Africa including Nigeria and Ghana have exported creative entrepreneurs to Western Europe and the United States [to the extent that] the entrepreneurship occurring within the creative industry [in Africa] surpasses that in many developed countries due to the role of innovation and creativity.”

The DIY (do-it-yourself) artist was written introspectively in the same manner Oti’s book traced the roots of Highlife music in Africa. What’s more, Professor Sonny Oti did provide some exposition on the creativity of Fela – whom the British Library has found endorsement value in, as a main dish in celebrating Africa over the course of 4 months – 16 October 2015-16 February 2016.

Just a few quotes to underline my posturing here. Citing texts from Carlos and Shawna Moore’s biography of Fela, Sonny Oti points out:

This …is not just a biography of a celebrity… then everything about this volcanic music called Afro Beat and the tumultuous, tormented life of its creator speaks to and about the lives, struggle and hopes of hundreds of millions of men and women […] in Africa.”

He also talks about the non-conformist individual and his music posing some rather interesting questions:

“Is Fela Anikulapo Kuti a rebel, a radical and revolutionary? Alternatively, is he a confrontationalist, a deviant and an alarmist… troublemaker… non-conformist… a critic who enjoys threatening established authority? The answers to these questions may be provided by his song-texts […] one thing is certain about him. No one who knows him well enough can ever think of tagging the phrase ‘criminal’ along with his name without really disbelieving himself.” 

So enough of Afrobeat for a moment and highlighting the genesis in highlife.  According to Sonny Oti, the creativity in highlife have been found to contribute to national growth statistics. In his exploration of ‘the movement and the monument’ of highlife, for instance, Oti points out that: 

“…critics evaluate it as a popular music genre, but fail to emphasize that its critical song-texts are the major forces guaranteeing its development [and contributing to the] economic and national growth and stability in Africa […]. Highlife musicians may be referred to as modern African towncriers whose […] songtexts, like drama and theatre texts present not only Africa’s culture, but her social, economic and political problems.”

A similar trend is perpetuated in the case of other variants and mutations of African music from Afrobeats to Hiplife, which are often managed by individuals devoid of policy support. Nigeria’s Don Jazzy and his Mavins ensemble is a case in point.

Indeed, the Nigerian Music scene is replete with DIY artists, capturing both “creativity” and “fluidity” – something that is consistent with a local music scene of independents in the UK, as highlighted by Paul Oliver in 2010:

“The independent (DIY) artist that inhabits a local music scene has a strong ethic that relates back to the punk ideals of being creative and having fun whilst at the same time being self-sustainable. In terms of infrastructure the local music scenes are extremely difficult to define as they are quite fluid and free flowing and are not like a typical organisation.”

 As Oliver points out in his article entitled “The DIY artist: issues of sustainability within local music scenes”:

 “In terms of academic writing, local music scenes have been relatively untouched. Therefore it is necessary to rethink the sub-sectors of the music industries and how they have changed in recent years […] Therefore, through a strong DIY ethic with an emphasis on creativity and self-management, a clear understanding of local music scenes and the DIY artist helps identify one of the key sub-sectors of the music industries as well as demonstrate that sub-cultures have value.”

Besides the piece by Christopher Okonkwo entitled “sound statements and counterpoints” featuring “Ike Oguine’s channeling of music, highlife, and Jazz in A Squatter’s Tale, one Emaeyak Peter Sylvanus has written about a similar topic not once, “Popular music and genre in mainstream Nollywood”, but twice “Prefiguring as an indigenous narrative tool in Nigerian cinema: An ethnomusicological reading” in the last 12-15 months.

A further illustration of these sound statements is captured in an article in the New York Times, entitled The New Guard of Nigerian Musicians,” which showcased performers making their mark in a crowded field.

“Afrobeats, as contemporary African music is classified in foreign spaces, is gaining more recognition as an influential genre, as homegrown stars like Wizkid, Burna Boy and Davido are beginning to experience commercial success [to the extent that] “both Wizkid and Burna Boy contributed to the recent Beyoncé-produced “Lion King” album.”

Such internationalisation exploits are also confirmed in a recent World Remit (yes, the global remittance firm) report entitled 8 famous Nigerians who found international recognition”, where 50 percent were found to be Nigerian music crooners such as Wizkid, Yemi Alade, Tiwa Savage, D’Banj featuring alongside the likes of household names like Ngozi Okonjo-Iweala (a former minister of finance), Victor Moses (a n international footballer), Hakeem Olajuwon (another sports personality and much-celebrated basketballer) and Agbani Darego ( a beauty queen).

Now to the article to which my addendum is targeted, “The Felabration of the King” by Nnamdi Odumody can be used to promote Nigeria as a global cultural and tourism destination, boosting [its] non-oil exports. In that article, Odumody (my namesake) highlights 8Cs equality split into two broad categories – collaboration (with a range of stakeholder groups) and creation (across platforms from Apps, animation, video game and theme parks) as follows:

The Felabration Of The King

  • 1.       Collaboration with the Federal and Lagos State Governments.
  • 2.       Collaboration with Foreign Airlines.
  • 3.       Collaboration with Electronic Commerce Brands.
  • 4.       Collaboration with Digital Media Platforms.
  • 5.       Creation of Felabration App accessible on all Mobile Platforms.
  • 6.       Creation of Fela Animated Movie.
  • 7.       Creation of Fela Video Game.
  • 8.       Creation of Fela Theme Park.

Taking this discourse a step further, another article by Ngozi Kolapo entitled How Nigerian musicians can create billion naira brands,” made some rather interesting claims such as:

 “The Nigerian music industry is currently witnessing an exponential growth due to advances in technology which has made music production, sales, distribution of audio and visual content quicker compared to the era of the legends before this generation. Afrobeats which their genre has been christened is dominating the airwaves not just from Lagos to Johannesburg but also getting airplay in the far flung Caribbean Islands…”

Ultimately, the main pointers from the above include advances in technology, music productionsales and distribution, as well as internationalisation. All of these reflect trends in the Nigerian Film industry as articulated in my article “The Impact of New Media (Digital) and Globalisation on Nollywood.”

In summing up, perhaps it is time to rearticulate the Movie and the Music Industry as complementary entities for the advancement of the creative industry in Nigeria in particular, and sub-Saharan Africa at large.

The Decoded Ole Solskjaer of Manchester United

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In American football, a good coach does well in a season, but a GREAT coach has impacts that spread over a decade. In the football game that is thrown and caught with hands(!), a season means nothing when ascertaining if a coach is brilliant. Yes, a fresh coach has some advantages – his play calls are new and opponents are yet to study tapes to decode his strategies. Give him a season or two, you will see if he has depths.

If he does, he will continue to dominate like Coach Belichick of New England Patriots. But if not, he will show effervescence of genius, and then disappear like Coach Eric Mangini who showed sparks in Cleveland Browns before he left the scene. Simply, his play calls were quickly decoded, and he has no reserves to continue to confuse opposing defense or deliver punches to opposing offences.

That brings me to Manchester United manager Ole Gunnar Solskjaer who suffered another frustrating day at Old Trafford  as his club was held to a 2-2 draw by lowly Aston Villa. When Mr. Solskjaer arrived in ManU last year, the world celebrated him as he won many games over a long stretch. I praised him because he engineered a remarkable turnaround after the exit of the special one, Jose Mourinho. When ManU defeated PSG in a Champions League game, I asked our readers to “Find A Better Manager, Find Your Ole Gunnar Solskjaer”.

But it seems coaches have figured out Solskjaer’s game plans and with no reserves in his playbooks, the future seems challenging for his career. He was good for a half-season but it seems getting to half-decade may be a “believe”.

 

Find A Better Manager, Find Your Ole Gunnar Solskjaer