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Winning in Nigeria Series [Videos]

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To all Tekedia subscribers, note the videos are here when logged in.

Foundation Session (5 Videos)

  • Session 1 –  The Purpose and Fixing Frictions of Nations
  • Session 2 – Framework 6 – SIX Frameworks to Unlock Values in Markets
  • Session 3 – One Oasis / Double Play
  • Session 4 –  Mechanics of growth
    • Pillars in Building When Not Visible
    • Beginning with Minimal Funding
    • Investment Options
  • Session 5 – Find the Edges
    • Opportunity Pillars
    • Opportunities
    • What Can you do better?

Q/As sessions (3 Videos)

  • Q/A #1
  • Q/A #2
  • Q/A #3

5 Kitchen Layout Mistakes You Must Avoid

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Ask anyone out there, ”what is the best department in the home?”

I bet you will agree with me that it is the kitchen. There’s one thing that I know about my mom, she doesn’t joke with her kitchen. Meaning, you have to follow the rules and regulations that guide her office.

My mom is of the strong belief that your kitchen must be in the best shape in terms of cleanliness and orderliness. I definitely agree with her on this especially when you remember that the fastest way to a man’s heart is through the mouth, likewise, the easiest way to a man’s grave  is also through the mouth.

Since the food we eat comes from the kitchen, then we have to give it the utmost respect and treat with great importance.

The size of the kitchen can help to make it healthy. In terms of ventilation and spacing. It doesn’t matter what size your kitchen is, or how many people are going to be in it. A kitchen that’s poorly arranged can lead to frustration and traffic jams. Likewise, it can harbour all sorts of germs that may infect the whole house.

Kitchen design is much more important than merely the colour of your cupboards or the kind of door handles you would like. If you design your kitchen with a layout that works well, you’ll make cooking in your new kitchen an absolute pleasure and also, it will be admired by your visitors.

Below are five kitchen layout mistakes you ought to avoid:

  • Obstructing the Kitchen Triangle: Specialists refer to the sink, stove, and refrigerator as the kitchen triangle; the area of greatest activity that needs careful designing and open access. Of the three, the sink usually sees the most action; it ought to have quick access to the stove and refrigerator, as well as your countertop workstations. Regardless of your kitchen’s size or layout, the total of all the legs in a work triangle mustn’t be less than ten feet or greater than twenty-five feet. If the work triangle is just too little, individuals are going to be tripping over each other; if it’s too large, food preparation might be an exhausting task.
  • Wasting Storage Space: Kitchens typically contain lots of stuff. Not only that, but items are often hidden behind kitchen cupboards such as food processors or stand mixers. Finding a home for your appliances whereas keeping them simply accessible will be tough. If your kitchen is tiny, think about installing additional-long higher cupboards with molding for extra space for storing. Always install cupboards over the refrigerator; not utilizing this area could be a waste of space for storing for giant or seasonal kitchen items.
  • Inadequate Counter Space: One of the most important complaints regarding kitchen design is the lack of counter space. Considering all the kitchen activities that need a countertop, as well as appliances that are permanently placed there, you would like to fit the maximum amount of open surface area in a kitchen as possible. This will be achieved by adding an island or breakfast bar to an L-shaped kitchen.
  • Poor Lighting: The kitchen is one area where you can’t afford to have poor lighting. It’s not solely a matter of style and atmosphere but also safety when it involves handling sharp knives and different kitchen tools. Remember, little children can be playful at times. A poor lightened kitchen may not be safe for the kids, especially at night. Plus, the more light you have got within the room, the better you’ll be able to show off your design components. For your kitchen, value the work areas and concentrate on providing every spot with the light it needs. 
  • Forgoing a Backsplash: When budgeting or designing a brand new kitchen or remodel, the backsplash sometimes slips to the end of the list. Occasionally, it’s left out of the set up altogether. This might save you cash within the short term, however within the a long time, it will cost you a great deal of your time and energy. But in the end, it will be worth it.

Final words,
There’s far more than just aesthetics to take into thought once you’re designing your kitchen. There should be a breathing space while you are preparing your food in the kitchen. Avoid the above-mentioned mistakes and have a perfect and healthy kitchen layout.

The $15 Billion Ecommerce Vision

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This man has $24 billion to build the next digital services holding empire in India! Yes, billionaire Mukesh Ambani, the richest man in Asia, and controller of Reliance Industries, has moved to exert his business empire into e-commerce. Reliance Industries will drop $15 billion into a new digital services subsidiary to fund an e-commerce push connected to its popular Reliance Jio mobile phone service, notes Fortune.

Billionaire Mukesh Ambani moved a step closer to creating an e-commerce giant for India, unveiling plans to set up a $24 billion digital-services holding company that would become the main vehicle in his ambition to dominate the country’s internet shopping space.

The board of Ambani’s Reliance Industries approved a proposal to plow 1.08 trillion rupees ($15 billion) into the fully owned subsidiary, which will in turn invest that amount in Reliance Jio Infocomm, the conglomerate’s telecommunications venture. A series of capital transfers would make Jio, which already has capital of 650 billion rupees ($9.2 billion), almost debt free by March 2020, the parent said Oct. 25.

That is how India’s entrepreneurs plan to protect their domain from foreign competitors – deployment of massive war chest. Africa needs to rise because if someone is investing $24 billion to unlock digital commerce and business, we have a long way to go. Yes, our sub-$50 million funding will not do it.

“Jio has been heralding the digital services revolution in India and will continue to do so in the years to come,” Ambani said in a statement.

“Given the reach and scale of our digital ecosystem, we have received strong interest from potential strategic partners,” he added

Supreme Court Dismisses Atiku’s Petition On Buhari’s Election Victory

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The Supreme Court Nigeria has dismissed the appeal filed by Peoples Democratic Party (PDP) and Atiku Abubakar – PDP’s presidential flagbearer in 2019 election. The party and the candidate have challenged the election of President Muhammadu Buhari. The apex court noted that it would provide reasons for dismissing the petition in coming days.

The tribunal ruled against the PDP on the core issues it raised about the February presidential election.

Mr Abubakar and the PDP had argued that Mr Buhari lied on oath about his educational qualification and that the high school the president said he attended did not exist at the dates stated by the president. They also argued that the electoral commission, INEC, manipulated the result of the election and that the result on an INEC server showed that Mr ABubakar won the election ahead of Mr Buhari.

The tribunal disagreed with the PDP and Mr Abubakar on the issues raised.

Now, what is next for Mr. Atiku? I predicted correctly (Dec 2017) that he would be the flagbearer in the concluded 2019 election. For 2023, if PDP zones it to the north, I expect him to try again, and emerge the winner. But where it is zoned to the south, then, that will do it for Atiku.

Facebook Commits $1 Billion to Affordable Housing, And There’s Lesson for Lagos.

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Facebook is taking a bold step to address the deficiency in housing in the United States. Among other things, the silicon giants have announced a $1 billion commitment to counter the high cost of housing which the emergence of tech industries have contributed immensely to. A statement issued by the cofounder and CEO, Mark Zuckerberg says:

“Today Facebook is committing $1 billion to help address the affordable housing crisis in California and other communities where we work. While the technology industry has created many jobs and opportunities, it has also made certain places less affordable to live — and we want to help solve this.

“As part of today’s commitment, we’re partnering with California Governor Gavin Newsom and the State of California to create up to 20,000 new housing units to help teachers, nurses, first responders and other workers live closer to the communities that need them.

“We’ve been investing in our local communities for some time now and we know money alone is not the answer. That’s why we’re working with people from the community, policy makers, and other companies to address the problem together. It’s an issue that’s really important and I hope we can help find solutions that can work in more cities.”

This step taken by Facebook is setting a precedent that other companies can learn from, especially in cities like Lagos Nigeria.

Lack of affordable housing is a problem that Lagos State resonates with. The emergence of companies has determined the inflow of workers from all walks of life, creating a vacuum in already existing loopholes.

Evidently, the State Government has been but helpless in bridging the gap in the housing sector and the efforts of the private sector isn’t enough. The situation over the years has resulted in a “cash and carry” system in the housing sector, where the poor and low wage workers are getting pushed out of many residential areas because due to the high cost.

And there is little hope because companies and industries keeping finding markets in Lagos without alternative housing provision for their workers. So the demand keep going higher, and house owners have learned to renovate to suit the current demand at a cost that most people who live in the areas cannot afford.

Many of them are firefighters, policemen, and paramedics etc. those who provide community services and have to go many miles to get to work on the daily, because the cost of housing has pushed them far away from the communities of their service.

The current stance of the State Government on affordable housing beams a dim hope, and therefore calls for external support. The Facebook’s gesture becomes a practical lesson: Big corporations making money in Lagos have always depended on already existing houses for the accommodation of their workers, and that has blown the housing crisis into bigger proportions.

For instance, Dangote’s refinery in Ibeju Lekki, at completion, is expected to employ hundreds of workers. And apart from what is readily available, there is no other provision to accommodate the inflow of people that will emanate from the new industry.

So more people will get pushed away, and will have to spend their earnings on transportation to work.

It’s a sad reality that the big corporations making money in Lagos can help with by considering housing as part of their Corporate Social Responsibilities.

If the example of Facebook is followed in Lagos, it will result in more productivity and efficiency through the minimization of the time workers spend in traffic.