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Ayobami Ojebode in Search of Elusive Voices for Sustainable Development in Nigeria

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Since the emergence of sustainable development as a concept and practice, scholars, professionals and businesses have been working toward making living on earth and in water beneficial to the present creatures without jeopardising the chances of the future creatures of using the same resources with more advanced techniques. Ayobami Ojebode, a professor of Development Communication at the University of Ibadan, is one of the scholars who have conducted and still conducting significant studies with a view of revealing various pain points associated with the roads towards sustainable development in Africa.

Before 2002, the year he earned his PhD in Development Communication, and after the certification, has been teaching and researching issues within political, economic, social and environmental components of sustainable development. For more than two decades, his interest in teaching and researching has been exclusively on finding solutions that resonate with the students, C (corporate) and F (functional) levels executives in industries, and public administrators in Nigeria and other African countries.

Searched Voices for Sustainable Radio Usage

As a professor of Development Communication with a special bias for radio for communication purposes, he has searched and found that there are challenges impacting enabling policies and legal environment for community radio in Nigeria. According to him, “licensing community radio stations remains difficult under democracy as it was in the military period.”  On the content production, a in 2008 publication, Ojebode found that while radio stations used significant time and energy producing and broadcasting development programmes, the listeners in the rural areas mostly avoided such programmes and spent their time and batteries on a strange genre of programmes dubbed “bizarre occurrence’ programmes. A year later, he discovered that a very minute proportion of news deals with rural areas and rural issues, describing the coverage of the issues as “one-way information to and not from rural people.”

Expanding his searching hypothesis, the diversity consciousness among the Delta State Broadcasting Service and the British Broadcasting Service was explored. Professor Ojebode found that different categories of fear propel the determination to reflect diversity at both stations. For instance, his analysis shows the challenge of balancing diversity with competence in staff recruitment as parts of the problems in managing diversity.

In a study published in 2012, his intent was to know the extent to which people receive information about the sick cell disorder through radio. The study reveals that workers in the studied radio station did not aware of the SCD prevalence. With his colleague, Professor Ojebode notes that “there is the need for non-media forces to call media attention to and in fact use media to educate people about SCD in Nigeria. Nigeria government also must show commitment to SCD education.”

In a study that could be described as mind-blowing 10 years after his PhD, Professor Ojebode and other colleagues discovered that despite that RSTD, a radio in Benin Republic is not a truly participatory radio, most listeners were content with being listeners and unaware that community people could be involved in radio programme making. “We wonder whether what matters about a community radio is not its ability to key into the aspirations, sentiments and beliefs of the community rather than how participatory it is.”

Searched Voices for Sustainable Governance

Over the years, his interest within sustainable governance has largely been on understanding various issues in journalism, public communication and civic engagement.  Till date, he remains one of the communication and media scholars who have researched the issues around the full implementation of the Freedom of Information Act in Nigeria. Apart from conducting researches, he has also spoke at a number of fora and workshops, warning media practitioners and Nigerians on the danger of fake news. “There is a chasm between law making and governance on the one hand, and the daily concerns of the average citizen on the other. It is probable that more than half of Nigerians are unaware that a bill became law which can protect their interests. Therefore, for the Act to truly serve the poor and the illiterate, those at the lowest rung of the political and economic power, there is a need for massive awareness creation.”

As Nigeria continues battling insecurity, his searching hypothesis has equally been extended to the security component of sustainable development. In collaboration with other researchers in Nigeria and Latin America, he has researched the place of community policing in sustainable security in Nigeria.  On September 5, 2019 Professor Ayobami Ojebode will be speaking on, “In search of muted voices for the mirage named development.” This is the title of his inaugural lecture at the University of Ibadan. All roads are expected to lead to the Lakeside Lecture Theatre, Faculty of Science, venue of the lecture.

Among his students, the university community and captains of the industries who are expected at the lecture, the expectation is that the Igboora born professor of Development Communication will dissect the stumbling blocks for the realisation of sustainable development in Nigeria. This is imperative as public interest in development issues continue soars while human and business voices towards solving varied socioeconomic and political problems across the country remain low, analysis suggests.

Turning GSM Phones Into Satellite Phones – The Mission of BeepTool

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BeepTool terminal

A nice piece on BeepTool, a company I am very proud to be part of. We are bringing broadband connectivity to remote locations in Nigeria and then Africa. With our technology, you can turn a GSM phone into a satellite phone. It is simply amazing. If interested in this mission, connect with BeepTool leader, John Enoh.

BeepTool signed some notable strategic partnerships to scale its operations and complement its proprietary innovations. The company’s partners include Sky and Space Global, a British publicly-traded narrowband satellite communications provider…

[…]

BeepTool’s co-founder and CEO, John Enoh, in an interview granted to Africa Business Community, said, “the market response has been good even though it could be better. The community of BeepTool users is more than 1,000,000 users strong, with about 30 per cent active usage on a monthly basis from the direct app and agent location networks.”

Yet, BeepTool continues to look for partners as explained here.

“We are closer to the coast now. But before we break the news, we want to still give 30 days of investment opportunity to friends, family, and individuals to join our private shareholders who are about to make history in sub-Sahara Africa”, the company noted on its Linkedin page.

The Japan’s $20 Billion

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Japan has pledged to invest $20 billion in Africa over the next three years. Japan’s Prime Minister Shinzo Abe made the promise in a meeting with African leaders during the Tokyo International Conference on African Development (TICAD) in Yokohama, on Wednesday. CNN extrapolates that Japan wants to challenge China in Africa.  My question to Japan: is this real cash or line of credit? Lol.

Japan’s private sector will invest $20 billion over three years in Africa, Prime Minister Shinzo Abe promised Wednesday.

Abe, who was addressing African leaders gathered at the Tokyo International Conference on African Development (TICAD) in Yokohama, said Japan is interested in infrastructure and human development on the continent.
“I make this pledge to you: The government of Japan will put forth every possible effort so that the power of Japanese private investment, of $20 billion in three years, should in the years to come be surpassed anew from one day to the next,” he said in his opening speech at TICAD.
“We will do whatever it takes to assist the advancement of Japanese companies into Africa,” he added.
Japan also seeks to train 3,000 people over a period of six years under a human resource development program for Africa so there will be more people from the continent who can contribute to promoting Japan-Africa business relations

Good luck to Japan. It once had Africa to support but like Europe and U.S., it was giving line of credit. China came with cash and African leaders now see Beijing as the direct path to the god of money. 

Sure, I have problems in some Chinese business models in Africa but I am happy that China is activating more options in the continent. If our leaders can see the big picture, even America’s President Trump will come calling for attention. Most African leaders do not really remember U.S. anymore because China has disintermediated most linkages to Washington DC. 

A Challenge: list one project U.S. is funding in Nigeria; you may struggle. But if I update to China, you will start dropping names easily, from airport to train projects.

Japan, it is not over. Yes, China can call African leaders that it will invest $50 billion on better terms than whatever Japan is proposing, and Japan will then know that writing a cheque does not mean the recipient will cash.

Yet, Beyond China

Of course, China has a long way to catch up with decades of U.S. human + physical investments in Africa. America may not build railways and airports but it has worked on investing in our young people through scholarships and human capacity development projects. When all is tabled, U.S. continues to lead investments in Africa. Yes, all those fintech, logistics, and broad startup investments are coming mainly from U.S.  Yes, they may not be visible – but that does not mean they are not catalytic for Africa’s future.

The growth of Chinese investment in Africa over the past two decades has been unprecedented and unparalleled. Despite what one might believe, China is not the leading foreign investor in Africa, nor is it the biggest donor. Both honors still belong to the US. What makes China’s presence different from that of the rest of the world, is that it’s physical, and thus, visible.

China has become the builder of a modern Africa, with its state banks providing loans and its state-owned companies constructing roads, bridges, railways, dams, airports, industrial parks and ports all over the continent. In 2018, China was the single largest financier of African infrastructure, funding one in five projects and constructing one in three.

For those in Africa, it’s hard not to notice a new bridge being built in the neighborhood, or a new airport terminal under construction. These giant structures sprawling from city centers to rural areas are

The GTBank’s Market Cap

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GTBank is Nigeria’s biggest bank by market capitalization. But things have not been fascinating when you look at its market cap in the Nigerian Stock Exchange. GTBank delivers industry-leading cost-to-income ratio (CIR). CIR is a “gold standard” in ascertaining the efficiency in the utilization of factors of production in banking. In Nigeria, no bank comes close to GTBank’s number: last one was sub-40%.

Yet, GTBank, despite its legendary efficiency and record profits, continues to lose market cap. It was valued at about N1.3 trillion two years ago; today, it is less than N800 billion (see chart) [among the big banks, others have also seen erosion of value].  My question to the community is thus: what is happening to GTBank?

I have some pointers: perception of disruption from MTN, and broad fintech to the banking sector. Gross margin spread between banks and fintech, and broad positioning across African markets as integration hits. If that integration happens, banks like UBA with operations in 20 African countries will become dominant to anchor trades and commerce out of Nigeria. Also, besides banks, investors have fintech as options to invest in the financial sector.

And the smiling curve – watch the video here. You can deepen this perspective why a category-king bank that does largely most things right is not getting love from markets.

Phase 1 – banks at the center

 

Phase 2 – Banks at the edges

[ Please see this as an academic endeavor, not an attack. GTBank is one of my company banks].

Rejection Simply means Reduction

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Rejection is inevitable and it’s normal.

I don’t know about you but I know rejection is a normal thing. Many times, we find ourselves in awful situations that make us lose hope. We face too many rejections that make us question our existence. You are not alone. The truth is – rejection is normal. It doesn’t matter who you are or how talented. Rejection knows no boundary.

Rejection is the state of being turned down from an expected project. It is also the state of being disappointed by lovers, job interview, sports tryout, and family.

However, note that – ”Anytime you are rejected, you are redirected.”

Rejection should make you stronger. Successful people in life were rejected but they never gave up. Instead, they find direction in rejection.  When you take a risk in life, there is a possibility of being rejected or accepted.

Ashley Laderer saidAs much as we’d like for everything to always go our way, that’s not the way the universe works. While rejection is pretty much inevitable in some capacity, it still hurts. It’s painful to get shut down for something you want, whether it’s a date with a crush or a job at your dream company. We all want to be loved, cherished, and accepted — be it by a romantic partner, friend, group, or boss.

Rejection can cause an emotional wreck, ranging from confusion to sadness or rage. Oftentimes, people don’t understand exactly why they’ve been rejected, which can lead to a downward spiral of negative introspection and an overall sense of not feeling “good enough.”

As I said before, rejection simply means unwanted by someone. In 2012, while I was planning to go back for my HND program, I tried all the possible means to save up some money but the money I saved wasn’t enough. I gave up.

But one day, I stumbled upon my cousin on Facebook and we started chatting. He asked about my education and life in general. I explained everything to him. He asked for my contact and offered to help me.

After two weeks, I didn’t hear from him. So I decided to reach out to him on Facebook but I was shocked to discover that he had blocked me. I was so down. Why? Because I didn’t expect disappointment from him.

But I was wrong. People will surely disappoint you. As a matter of fact, your parents can disappoint you. But it’s not the end of the world. It is normal. Do you wonder what’s normal about being rejected?

Two reasons why rejection is normal:

  1. It makes you understand life the more: When you are rejected, you feel like the world should come to an end. But the truth is, life is laced with a rebuff, refusal and many more. Instead of whining and crying, learn from it. It’ll add to you experience. The lessons learned are always priceless. Rejection is a precept.
  2. It makes you refocus and stay determined: It’s true that once bitten twice shy. Rejection can be a stepping stone if channeled the right way. Because you will realize that those difficult experiences were a blessing in disguise. Specifically, it highlights habits, actions, or thoughts that you can improve on. It helps you shift your focus from how you messed up to how you can become better. Of course, refocusing doesn’t mean changing yourself according to someone else’s standards. Sometimes, rejection is not a true reflection of your abilities, talents, or self-worth. And it certainly doesn’t mean that you’re inadequate.

Now that you see how you can turn rejection into a new direction, go and rewrite your story.

No matter what happened to you today, I want you to understand that rejection prepares you for a better tomorrow. Rejection is a test of your endurance.

Remember- when one door closes, another opens. Rejection simply means redirection.