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Soon Nigerians May Need Guarantors or Sureties to Get U.S. Visas For Overstaying in U.S.

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Everyone knew it would be drastic changes for Nigerians who want visas to visit U.S. Yes, when one country (Nigeria) records 10% of people who overstay their visas, America would be expected to look deeper. When U.S. took off the Dropbox option, I knew that was the beginning.

Now, according to Nigeria’s foreign affairs minister, the options may even look more challenging – “Things like you have to have guarantor or surety and the like, all those things are what they are trying to apply to really address this issue.” Unfortunately, the problem is not asking for a guarantor, the deal is if that becomes the norm, the system would then be rigged for those that can provide credible guarantors – yes, rich people with fat bank accounts. The poor boy attending a conference or going to school on scholarship may experience lockout. But no one can blame U.S. for exploring ways to execute its immigration plan.

The minister said most of the unfavourable migrant decisions taken by some countries were triggered by the negative perceptions about few Nigerians who do not obey the rules of those countries.

“The issue of migration is a challenge and such a sensitive topic because the U.S. has just suspended the `Dropbox for visas renewals.

“And a lot of it is that they released statistics to show that 10 per cent of people who overstayed their visas globally are Nigerians.

“Those who do not obey the rule of other countries’ have more negative impact on those who obeyed,” the minister said.

[…]

“The issue of those who overstayed their visas is a real issue. We have engaged with the U.S government over it.

“We are just trying to work through them and they are looking at various alternative and solutions and to make less difficult for the genuine visitors and the like.

“Things like you have to have guarantor or surety and the like, all those things are what they are trying to apply to really address this issue,” he said.

Comment on LinkedIn Feed

  1. Trump Administration immigration is based on this premise that “Immigration is a privilege not a right”. Folks overstaying their visas are making the issue of non immigrant visa quite a complicated one. But again, one must also understand the reasons why people overstayed their visas. It’s no brainer when you come to sanner climate where things work and you can be somebody without knowing anyone. I completely understand both sides of the argument. The man or woman overstaying his or her visa is not looking at the strategic impact to the country of origin or US in this case but just want to survive. The onus is on the US to use every tool they know how to fix the problem. Unfortunately, the fall out will be bad. Fixing Nigeria or just moving Nigeria in a different direction from its current course might change the outlook of Nigeria when it comes to immigration.
  2. The Trump Nation is on a mission, many things will change around the world, within a decade perhaps. Unfortunately, the word – ‘genuine’ is relative, no one can truly figure out what is in another’s heart, there are too many barriers… Well, people are looking for better life, and where things are easier, so the struggle continues.

Mastering China’s Minimum Viable Quality (MVQ) Strategy

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What is your Minimum Viable Quality (MVQ)? Yes, you have mastered the Minimum Viable Product (MVP) construct where the strategy is to make the least viable product or service to test a market value hypothesis. But if you visit Shenzhen China, you will quickly realize that the most catalytic thing is really the MVQ. Chinese manufacturers evidently understand that price cannot be uncorrelated with quality.

If you want a toy of $1, you will get it, but it may not last more than a day. But if you also want one for $20, that is available. By having that flexibility or range, they allow a mother to show love to a child even though the product may go bad within a day. The alternative is pricing that mother out of range with the possibility that the child may never have access to a toy.

As you build, be constantly thinking on MVQ. The MVQ is really (partly) the reason why China took over the world. Yes, while Western World would never sell unless it is exceedingly top-grade, China will give you something for the size of your purse. If you do not see that as a market penetration strategy, take another look today.

Read what I have written on Minimum Viable Quality (MVQ).

As I noted in the conversation, there is an illusion on quality. While quality is critical, it is very important that you do not lose focus by trying to build a business where quality has no correlation with cost. I am not sure that the latest Apple Mac Pro that goes for $5,000 is a desktop machine. Apple certainly does not expect that product to be sold to the (desktop) mass market, and specifically to the developing world. The new Mac Pro is a great machine with capabilities that exceed performance of some server systems. Yet, anyone that imports it to Lagos to resell will struggle. Sure, it has a great quality but the cost does not make sense.

The fact is this: any product quality that does not correlate with cost (or value derivable) makes no sense. I have designed accelerometers (motion inertial sensors) where my employer gave me diverging product specification targets: one version was for $0.60, another for $260. The one for $0.60 was made for toys while the $260 was engineered for use in pacemakers (heart monitoring systems). In the cheap one, it was a very crappy product that was built to last for weeks. But in the expensive one, knowing a human life depends on it, it was designed never to fail with many redundancies and checks.

Without the cost context you can think that the cheap one was a poor job. It is indeed not a great quality product but that was by design. That is what the market for toys wants because the kids rarely use them for days before they are discarded. It is a mass market product which has to be affordable to make sense. That does not mean that you cannot make very expensive toys only few can afford. But what is the purpose? Put a $260 XL in a toy which would be dumped within days?

The deal is this: the construct of quality has no meaning until the price of the product is put into considerations. I always ask entrepreneurs to build for the Minimum Viable Quality (MVQ) bounded by the product target price which market will respond. You can build rockets to fly around the world: that is an engineering possibility. But does that make a business sense if no one can afford it? Ask the makers of Concorde for answers.

I know that Eko Hotels is a great place in Lagos but the price is huge. I can get a cheaper hotel for half the price in Ikoyi. If I rate that cheaper hotel with the same standard of Eko Hotels in my mind, I have not done justice to the review system. Etisalat NG could have delivered the best service but only few afforded it while Glo produced a service, not necessarily great, but widely affordable. The markets responded and Glo got ahead, at least it survived, while the remnants of Etisalat NG will become extinct on Monday.

LinkedIn Comment on Feed

Comment #1

MVQ! Nice share Prof. Ndubuisi Ekekwe.

One way to also look at the MVQ strategy is that it helps incumbents starve off the forces of market disruption. If an incumbent doesn’t attract the low end of the market with those cheap toys, a new entrant, who can’t compete at the top end of the market, would.

And after the entrant monopolises that low end of the market, it would naturally scale up, and come up the ladder for more premium customers. Until it ultimately grows large enough to compete with, or even edge out the established company.

Spot on again sir. As always

Comment #2

On the surface, it makes a lot of business sense to pursue MVQ, but again – unethical practices will erode whatever good intent originally thought.

What happens when conscienceless people decide to put the very cheap device for toys in critical equipment, and then prop up the price? Herein lies the tricky part.

Many hypotheses look great for market penetration, only if we have decent humans across board, else it would be disastrous to allow some creatures to bring just anything to the market; the consumers are not likely to have some luck.

Of course the construct of MVQ works fine for developing countries, where several things still lack standardization, the case is different in top countries. Also when you are a known and respected brand, you are likely to avoid playing on the mud.

As long as price correlates quality, with ethics binding everything; we will all be fine!

At Fasmicro, We Do Electronics

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A new version of one of our enterprise imaging products passes bench testing. Inside this product is an OS engine running on a microprocessor, computing images, videos, algorithms and anything you can throw at it. Specially engineered for clients, it has evolved from the older versions. At Fasmicro, we are helping to preserve the Freedom many enjoy through technologies we supply across Africa.

In Africa, household consumption is expected to reach $2.5 trillion by 2030

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In Africa, household consumption is expected to reach $2.5 trillion by 2030 with Nigeria, Egypt, and South Africa accounting for nearly half of that. This presents exciting opportunities for brands that want to grow in retail. But how do they approach this in an increasingly cluttered and competitive market?

Adding impetus for this need to expand is the fact that the continent is becoming the next big global manufacturing hub, mimicking China. Research from the Chinese Ministry of Commerce indicates that Africa’s population will reach two billion by 2050, representing the largest labour pool in the world. In 2017, privately-owned Chinese companies made more than 150 investments in the manufacturing sector on the continent, up from only two in 2000.

It is the fast-moving consumer goods segment in particular that is in high demand, offering brands the platform to strengthen their footprint, embrace new media, and be more innovative in how they use digital opportunities at retail touch points. Considering that low and middle-income buyers will collectively have a disposable income of almost $680 billion by 2020, there is considerable potential for brand positioning and awareness in retail environments.

But connecting to the modern African consumer from a retail perspective is no easy task. While online shopping is certainly a valuable channel and digital marketing a core component of strategy in 2019, many shoppers still want the physical experience of a retail store. There should certainly be a balance between the two environments, avoiding the temptation to spend too much on online tactical elements while foregoing the in-store point of sale opportunities that are arguably critical decision-making and exposure touchpoints.

For example, in South Africa with its 11 official languages, brands often forget the value of advertising in the vernacular or slang of its specific target market. If the digital landscape has shown organisations anything, it is in the value of specialising more and generalising less to create more meaningful moments. The same applies to in-store media. By being focused on tactical experiences, brands will foster improved customer loyalty at a time when this is notoriously difficult to do.

Political and economic uncertainty aside, consumers are likely to be in an even stronger financial position than in the past. Brands should therefore invest now in the ‘quiet time’ on technologies that aid better insight and positioning. For example, data-gathering or machine-learning (artificial intelligence) solutions that can assist in improved data analysis.

This, in turn, will result in better-targeted campaigns delivering customers a brand experience they want and need. Allowing brands to become more efficient in their online and offline approaches maximising marketing budgets for profits.

Ultimately, brands need to be open to harnessing new technologies and fresh insights to better position themselves in the dynamic retail environment. The world’s attention is starting to shift towards Africa. Now is the time to start capitalising on it.

By in-store advertising innovators Smart Media

The AI Microchip Era Begins

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As part of its strategy to accelerate the development of AI devices for the home, LG has developed its own artificial intelligence chip (AI Chip) with proprietary LG Neural Engine to better mimic the neural network of the human brain to greatly improve the processing of deep learning algorithms.

The AI Chip incorporates visual intelligence to better recognise and distinguish space, location, objects and users while voice intelligence accurately recognises voice and noise characteristics while product intelligence enhances the capabilities of the device by detecting physical and chemical changes in the environment. The chip also makes it possible to implement customised AI services by processing and learning from video and audio data in order to enhance recognition of the user’s emotions and behaviors and the situational context.

Products utilising the LG AI Chip take advantage of the On-Device AI to operate even without a network connection. What’s more, LG’s AI Chip employs a powerful security engine to better protect personal data from external hacking. Processing that does not require high security is designed to run in a general zone and jobs that require higher security run in a separate hardware-implemented security zone.

LG’s AI Chip is designed to enhance the recognition performance in the products it powers such as an advanced image recognition engine for simultaneous localisation and mapping (SLAM). For example, its powerful image processing function corrects for distortion caused by wide angle lenses and generates brighter and clearer images in dark environments. LG Electronics plans to include the new AI Chip in future robot vacuum cleaners, washing machines, refrigerator and even air conditioners. In addition, LG will expand the reach of its artificial intelligence solutions through collaborations with outside companies, universities and research laboratories.

“Our AI C?hip is designed to provide optimised artificial intelligence solutions for future LG products,” said I.P. Park, president and CTO of LG Electronics. “This will further enhance the three key pillars of our artificial intelligence strategy – evolve, connect and open – and provide customers with an improved experience for a better life.”