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Nigeria’s Youth Unemployment Problem – Peril of Making Every Youth An EMPLOYER

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Nigeria’s youth unemployment problem cannot be solved by making every youth an employer. Economies where many are employers are inefficient – poor utilization of factors of production. Poverty has not gone in your village even though most are self-employers in farming. Nigeria needs entrepreneurs with scalable visions to create many jobs, not small business owners.

If you read carefully, I made sure I said Entrepreneur, not a small business owner. A freelancer is a SMALL BUSINESS OWNER. I used the word an entrepreneur in the piece. I did not say you need experience to start a small business. I said you need experience to become an Entrepreneur, in NIGERIA.

I have always noted that entrepreneurs are not the same as small business owners. In Oshodi market, even though World Bank would call the market women entrepreneurs [yes, we empowered 10,000 Women Entrepreneurs Last Year in Africa!], I do not – I call them small business owners. The main difference is the scalable advantage which entrepreneurs have unlike small business owners who may run a shop for 30 years with no growth.

Do not fall into the peril of making every Nigerian youth an employer as many advocate here. When many are EMPLOYERS, economies of scale stall, diminishing industrial productivity, with massive negative equilibrium shifts on human welfare. Despite the rants, the best economies with best welfare happen when many are EMPLOYEES with balanced number of employers! Our solution cannot come by making unemployed youth all employers.

 

Amazon Scales the Igbo Apprentice System in America via Amazon Delivery Program

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By Nnamdi Odumody

In order to speed up the Amazon Prime delivery process to single day delivery, Amazon is expanding its Delivery Service Partner programme which now offers incentives for its employees to start their own logistics service.

Following news of Amazon’s plans to reduce Prime shipping down to one day, the company this morning announced an expansion of its Delivery Service Partner program, which now includes a new incentive that encourages existing Amazon employees to start their own package delivery company. The partner program, first announced last year, includes access to Amazon’s delivery technology, hands-on training and a suite of other discounts for assets and services like vehicle leasing and insurance. For employees, it now includes a $10,000 incentive, too.

The retailer says it will fund startup costs up to $10,000, as well as the equivalent of three months of the former employee’s last gross salary, to give the employees the ability to get their new business off the ground without worrying about a break in pay.

The Amazon Partner Programme which was launched in 2018 includes access to Amazon’s delivery technology, hands on training, and discounts for assets and services like vehicles, insurance, etc.

It will now offer its employees $10,000 and the equivalent of three months of their last gross salary so that they can start their delivery businesses without cash issues. This is as a result of the fact that military vets in 2018 were able to start their own delivery packaging businesses with $10,000.

Amazon will offer delivery vans with its branded logo on lease to its delivery partners as well as other discounts which include fuel, insurance, branded uniforms, etc.

The decision by the e-commerce giant to launch the partner programme was as a result of the fact that its Amazon Flex crowdsourced workforce had issues that affected their earnings. Those issues include fluctuating fuel costs, no insurance cover and other general problems which affect the last mile delivery by logistics companies using smaller vehicles. By growing their fleet to 40 vehicles, the delivery partners could earn as much as $300,000 in annual profits.

As a result of the fact that it has invested heavily in automation of its fulfillment centres which will make most of its employees operating in them to lose their jobs, the decision to empower them through the Amazon Partner programme  which it has committed about $800 million is a strategic redesign aimed at offering its customers same day delivery through its Amazon Prime ecosystem.

Amazon’s Partner Programme is a modified version of the Igbo apprentice scheme where an entrepreneur empowers his former employee who has served him for about seven years with startup capital, and other necessary supports, to take off in the same line of business towards reducing the frictions which exist as well as poverty rate in the locality.

Nigerian FMCGs, Banks and other retail focused businesses can learn from the Amazon Partner Programme as a means of empowering their former employees to start their same line of business, within their ecosystems, fixing business frictions quicker, and creating a win-win for all .

BHL Solution – You Have a Partner in North America

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Consulting Services As a visionary player in the Oil and Gas sector we understand the role of quality procurement services

If you are building and need help with U.S. and broad North American partners, BHL Solution can help. It was founded by a Nigerian living in Texas and has the mission to reduce the business relationship frictions between West African and North American companies. It does offer pro bono to early stage startups to help them grow.

BHL Solution is an industry-leading management consulting company in North America. We’re a global brand with a stable relationship with major companies in different sectors. Our team helps top executives to reach well-informed decisions, turn those decisions into actionable plans, and realize sustainable results they require. BHL Solution has been doing this for years; using a result-driven approach; we have been providing impeccable services with more than economic importance to our clients in Nigeria and Africa, at large. The results we achieve are not only bespoke and holistic but also practical and sustainable.

Our partners we work within all industries are leading professionals who have extensive knowledge and experience in conception and commercialization of any kind projects. Other than these, we equally work with project managers, health personnel, pharmacists, designers, engineers, inspectors, technicians, system integrators, and construction managers with an ultimate objective in mind — to help you get top-quality solutions to your business needs.

 

Making THC E Liquid With Wax Liquidizer

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THC e liquid is a favorite way to vape cannabis. The reasons folks prefer this method include how easy it is to do. Additionally, vaping THC e liquid can be very cost saving. It delivers vast customization options. Finally, vaping is much better for your overall health than smoking. These are overwhelming reasons to consider switching to vaping if you smoke cannabis.

There is a new option for cannabis vape lovers, thanks to a company called Wax Liquidizer. You can now make your own THC e liquid. Skip the high cost of pre-filled vape cartridges available in dispensaries with this method.

DIY THC e liquid offers benefits beyond these, which you’ll learn about today. Together, it’s hard to resist the urge to try this for yourself. 

What Is DIY THC E Liquid?

THC e liquid is a combination of mixing solution and cannabis concentrate. The concentrate could be shatter, wax, or BHO. Conversely, you may use crumble, isolate, and even add terps.

What results is a THC e liquid version of the nicotine vape juice some of your friends already make.

Why is the mixing solution necessary? Because standard vape mods aren’t designed for cannabis concentrates, thinning the concentrate is crucial. With this simple step, you can turn any standard vape from pod to sub-ohm mod into a cannabis vape pen.

This is actually not a new method. The pre-filled vape cartridges you find in dispensaries are full of the same mixture. They are not pure cannabis, despite what many consumers believe.

Therefore, creating your own vape juice infused with cannabis puts all of the power into your hands. With that power comes incredible customization and control. The cost savings is a huge benefit as well.

About Wax Liquidizer’s THC E Liquid Solution

Wax Liquidizer is the leading mixing solution on the market. It’s inexpensive and so simple to use you’ll never turn back.

Wax Liquidizer creates a stable mix that never separates. With proper use, it won’t turn black or ruin your precious concentrate. The company recommends that you follow their directions and then vape low and slow. You can dial your temperature up or down as needed thereafter.

The company operates in Denver, CO but ships to many worldwide locations.

Any questions you have are answered by the robust website the company created. There is a huge FAQ section for you to read. If that isn’t enough, the news section details how customers feel about the product and how it performs in different vape pens.

How To Make Your THC Vape Juice

Let’s cut to the chase. All you need to create your own juice is some wax, a heat source, and the liquidizer. By the way, there are 7 flavors to pick from. That’s more than you’ll find in most dispensaries’ vape cart selections.

You want to start with a 2:1 ratio of liquidizer to concentrate. Try that to begin and see how it performs in your vape. Remember that this is a DIY project at heart, so you may have to make some adjustments to get your perfect vape. However, many users experience no problems and vape immediately with no necessary modifications.

If you want a stronger experience and have a vape accustomed to thicker juice, try a 1:1 ratio next time. The opposite is also true. Mixing a 3:1 ratio thins down your wax and gives you a gentler experience.

The microwave is the easiest tool to use to heat your mix. If that bothers you, the website details how to apply gentle heat on the stovetop or even with hot water from a teakettle.

You will need to move your juice from your mixing container to your vape. The best tool for this is a blunt tip syringe, which you can find in vape shops or purchase from the company website. 

The THC E Liquid Customer Experience

Wax Liquidizer recently caught up with some vapers at a local vape lounge to get their comments about the taste and strength of the product. These vapers were not paid and gave their honest thoughts in real time. They comment about the smooth, subtle flavors and how easy the mix hits. All this in a simple, disposable cartridge on a basic 510 threaded battery.

Your results and the pleasure of the experience increase when you use the vape of your choice.

Troubleshooting UnCommon User Issues

If your juice turns dark, this may be because of the quality of your concentrate (sediment in it may burn), incompatibility between your battery and cartridge, or vaping at high temperatures.

If your mix separates, it has been exposed to extreme temperatures or was improperly mixed.

If your vape cannot handle the mix, although this is extremely uncommon, try another unit.

This product has been tested by users all over the world and the vast majority enjoy it and reorder. Reach out to the customer service team if you experience problems after purchase.

 

 

This Plot Explains Nigeria Since 2010 – Yet To Recover FULLY From 2008 Great Recession

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youth unemployment in Nigeria

Nigeria is yet to recover FULLY from the Great Recession of 2008. While many continue to look at the stock market for signs, the sign that matters is evident – we are losing a generation of young people on acute sustained unemployment. Yes, ‘Youth unemployment and underemployment was 55.4% in third quarter of 2018, leaving more than half of the country’s largely youthful population idle most of the time.’ Look at the trajectory of the proportion of full-time youth employment – not a good pattern!

The proportion of Nigerians younger than 35 in full-time jobs has dropped consistently since 2014, according to data from the nation’s statistics agency. Youth unemployment and under-employment was 55.4% in third quarter of 2018, leaving more than half of the country’s largely youthful population idle most of the time. Finding a job in Africa’s biggest oil producer is getting tough for everyone, with the average unemployment rate rising to 23.1% last year from 5.1% in 2010 as a sluggish economy fails to keep up with a fast-growing population

As Emir of Kano noted, one does not need a seer to model the future implications for the nation. I have called this the gray lizard.

In America, they talk of black swans: ” high-impact risks that are highly improbable and therefore almost impossible to predict”. Yes, “an unpredictable or unforeseen event, typically one with extreme consequences.” That is it: “something extremely rare”. So, because it is rare, you do not (usually) plan for it. Arab Spring was a black swan as the leaders of North Africa could not have modeled that risk.

In Nigeria, we do not just have black swan. We have gray lizard. It is a high impact risk, that is highly probable and evidently visible but totally, widely and irresponsibly ignored. The massive youth unemployment in Nigeria is a gray lizard. Governments see it daily but it is totally ignored.

Going forward, I will make my platforms available to share jobs – all jobs will be archived here. If you are looking for jobs, FOLLOW me, and if you have, please InMail or share with my team on click. Let us see how to help these young people.

My case remains: the Nigerian government must stimulate the economy through extended and massive injection of loan guarantees to help small businesses grow to absorb these young people.