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Showing posts from November, 2024

2025 and Beyond- 5 Major Steps African Nations Can Take for Rapid Wealth Creation by Olubunmi Oluwadare

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2025 and Beyond- 5 Major Steps African Nations Can Take for Rapid Wealth Creation. As we approach the year 2025, African nations stand at the cusp of a new era of unprecedented growth and development.  With an abundance of natural resources, a burgeoning youth population, and a growing middle class, the continent is poised to become a major player in the global economy. However, to achieve rapid wealth creation and sustainable development, African leaders must take bold and decisive action.  Below are five major steps that can be taken. 1. Diversify and Industrialize:  African nations must move beyond their reliance on primary commodities and invest in industrialization and diversification.  This can be achieved by developing manufacturing sectors, promoting entrepreneurship, and investing in infrastructure. 2. Develop Human Capital:  Africa's greatest resource is its people. Investing in education, healthcare, and skills development is crucial for building a co...

EKITI STATE- UNLOCKING ITS FULL POTENTIAL FOR PROSPERITY.

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 EKITI STATE-  UNLOCKING ITS FULL POTENTIAL FOR PROSPERITY Ekiti State, located in the southwestern region of Nigeria, has the potential to become one of the most developed states in the country.  With its rich natural resources, talented population, and strategic location, the state is poised for growth and prosperity. However, despite its potential, Ekiti State faces several socio-economic challenges that need to be addressed.  These include poor healthcare, poor housing development, poor power supply, unemployment, insecurity, poor educational system, lack of industries, poor tourism development, high food inflation, poor infrastructure, and poor transportation system. To overcome these challenges, it's essential for the state government, led by Governor Biodun Oyebanji, to embrace entrepreneurship development, technology, knowledge economy, innovation, and visionary leadership.  By doing so, the government can create an enabling environment for businesses to...

The Power of Entrepreneurial Intervention- Unlocking Solutions to Africa's Socio-Economic Challenges

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 The Power of Entrepreneurial Intervention- Unlocking Solutions to Africa's Socio-Economic Challenges The recent signings of an agreement between Tony Elumelu and the France Finance Minister, witnessed by the Presidents of Nigeria and France, is a testament to the growing recognition of the critical role entrepreneurship plays in addressing socio-economic challenges.  This milestone event underscores the importance of entrepreneurial intervention in driving economic growth, creating jobs, and improving living standards. So, what is entrepreneurial intervention? Simply put, it refers to the process of using entrepreneurial principles and strategies to address and solve socio-economic challenges.  This can involve identifying key challenges, developing innovative solutions, and implementing them through entrepreneurial ventures. Entrepreneurs are problem-solvers who seek to address socio-economic challenges globally.  By identifying major challenges and dividing them a...

Davido, Be a Patriotic Nigerian- 5 Reasons Why!

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Davido, Be a Patriotic Nigerian- 5 Reasons Why! As a fellow Nigerian, I'm writing to remind Davido, one of Africa's most successful artists, of the importance of patriotism, especially given his influence and platform.  Here are five reasons why Davido should be a proud ambassador of Nigeria: As a cultural icon, Davido has a responsibility to showcase the best of Nigeria to the world. His music has transcended borders, and he's become a cultural ambassador, whether he likes it or not.  With his family ties to the governor of Osun State, Davido can support his uncle's efforts to develop the state's agrobusiness and tourism sectors by promoting Nigeria's potential and opportunities. As someone who has performed on global platforms, Davido has the power to shape people's perceptions of Nigeria.  Instead of highlighting our challenges, he can use his voice to promote our strengths and attractions.  Nigeria needs positive representation on the global stage, and D...

Nigeria Beyond FAAC- A Future Without Oil Revenue.

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 Nigeria Beyond FAAC- A Future Without Oil Revenue. As the world gradually shifts towards new energy sources, Nigeria's reliance on crude oil revenue is becoming increasingly precarious.  The Federation Account Allocation Committee (FAAC) distributes revenue to the federal, state, and local governments, but what would happen if this revenue stream dried up? In this scenario, Nigeria would be forced to redefine its economic and political landscape.  Entrepreneurs and visionary leaders would thrive, while politicians might find themselves struggling to maintain their influence. A New Era for Entrepreneurs. Without FAAC allocations, entrepreneurs would be the driving force behind Nigeria's economy.  Innovation and creativity would flourish as business leaders seek to capitalize on new opportunities.  This could lead to a surge in job creation, economic growth, and development. The Rise of Visionary Leaders. Visionary leaders would also emerge as key players in shap...

UNLOCKING LAGOS' ECONOMIC GOLDMINE- A $150 BILLION OPPORTUNITY WAITING TO BE TAPPED.

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 UNLOCKING LAGOS' ECONOMIC GOLDMINE- A $150 BILLION OPPORTUNITY WAITING TO BE TAPPED. Lagos, Nigeria's commercial hub, is a goldmine waiting to be tapped.  With a staggering GDP of over $150 billion and a population of over 40 million, the city presents unparalleled opportunities for entrepreneurs, investors, and businesses. THE LAGOS MARKET- A TREASURE TROVE OF OPPORTUNITIES. From energy to education, transportation to entertainment, fashion to healthcare, the Lagos market demands innovative solutions.  The city's housing deficit, growing at an alarming rate, presents opportunities in real estate development, affordable housing solutions, and property management services. KEY SECTORS TO WATCH. 1. Technology: Lagos' thriving tech scene is ripe for investment. 2. Renewable Energy: Meeting the city's growing energy demands. 3. Healthcare: Providing quality healthcare services to a growing population. 4. E-commerce: Harnessing online potential in Lagos. 5. Transportati...

Ebi Pa Wa": 10 Actionable Steps for Nigeria's Hungry Youths by Olubunmi Oluwadare

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Ebi Pa Wa": 10 Actionable Steps for Nigeria's Hungry Youths. Dear fellow Nigerian youths, The cry of "Ebi Pa Wa" (We are hungry) echoes loudly, and it's time for us to take action.  We can't just lament; we must work together to create sustainable solutions. Here are 10 steps we can take: 1. Acquire Skills- Invest in yourself through vocational training, online courses, or workshops.  Enhance your employability and entrepreneurship potential. 2. Agriculture-  Explore opportunities in agriculture, from farming to processing and marketing.  Nigeria has vast arable land; let's cultivate it. 3. Entrepreneurship- Start small businesses, leveraging your skills and passions. Encourage innovation and creativity. 4. Education-  Prioritize education, focusing on STEM fields, and develop problem-solving skills. 5. Mentorship- Seek guidance from successful entrepreneurs, professionals, and leaders. 6. Networking- Build relationships, collaborate, and support one anot...