I am in a meeting now that is so annoying but I want to take my mind off things that upset me to talk about love and marriage.

I have been listening to people talk in many @joinClubhouse rooms about what they expect from potential partners and laugh very hard each time.

Sometimes I wonder if we should be building certain types of African organizations with obvious gaps in people resourcing?Then I remember what my uncle and his friends did for the financial sector with MAYO and PTC.

Edtech has actually been in Africa longer than we think.

MAYO/PTC was actually the first Ed-Tech company in Nigeria and also the first place I worked and did my NYSC. We took UK accountancy and banking institute materials and used tech to modify and republish local versions of study text for students preparing for professional exams.

We also provided prep classes and corporate training. This was how we also started @SwiftaSystems, it was initially from tech training before we moved to product development and services.

For tech, we were self-taught but we created a new market for ourselves with education.

Education ALWAYS comes first before adoption when it comes to tech. We aren't doing nearly enough at the moment. Everyone wants to build products for the educated market and ignore the uneducated market. Uneducated doesn't mean formal school, it is about industry and paradigms.

Current Ed-Tech initiatives are focusing on basic education but market education is a significant opportunity. No matter how simple you think your product is to use, there will be many who will not use it until they understand the fundamentals and why it exists at all.

Epic Win!

That was our team. 🔥

What is the calculation of the super-rich Nigerian and why don't they run to the hills whenever there is an economic crisis?

I think because each crisis presents new opportunities with loopholes to gain advantage. I’ve once said that Nigeria is the world’s opportunity capital.

What Nigeria produces in abundance is opportunists. We don't do capitalism or socialism in Nigeria, we do opportunism.

Opportunism doesn't think long term about anything. It takes lemons and makes lemonade, then tries to create a lemonade monopoly to have outsize sales margins.

This is why we import when things are scarce. We trade when we are broke. Importation and trade are very short-term value creation processes without long-term upside. It is why our wealthy people are ”low-quality” according to @DoubleEph 😂

There is generally no production depth

Our banking system is also complicit in supporting this charade. It is why most of the nonperforming loans have been made to these same opportunists masquerading as the ”super-rich”. I missed the opportunity to add quotes in my first tweet. Their so-called wealth is qualified.

Something is fundamentally wrong when an economy is almost completely transactional. Yes, I have made money from fintech but I also see the long term damage of the current fintech hype. Nigeria as a country has been in one long hype cycle. This is why I keep saying it isn't real.

There are many Africans with a free $50k to $100k lying idle somewhere than we think. They keep cash as a contingency for many reasons. Anything can happen. Positively or negatively. Cash is sometimes worse than a dead asset. They keep it anyway. Most likely outside Africa.

I was having a chat with my best man about African investments and I could have tried to teach him ancient Sumerian instead. Dude’s mind is closed to Africa. He would rather invest in Dubai as it made more sense. Problem is there are African investments with much better returns.

I think Africa has a massive PR problem. The problems are real no doubt but the opportunities are also real. The news about the problems overshadows the details about the abundance of opportunities. I still can't forget the lady at @Ashesi who told me about African abundance.

I have seen magic done in 2001 with $285m raised all locally in a month for a deal. Over 20 years later, African startups are still hustling in a demo day abroad for thousands of dollars that other Africans already have to give but don't or can't. It is a complete mindfuck.

There is a reason African people don't believe too much of the good news. They have been brutalized and conditioned so much with bad news that it becomes their frame of reference. Where else can a train track be attacked twice in two days and nothing is said by the government?

There is this inertia that most people in business who think they are successful have that prevents them from acting on things until it is too late. It is why they are caught unawares by change.

I read ”Only the paranoid survives” and I am seeing it play out in real life again.

Constant paranoia doesn't mean acting like a crazy person or even a mean and greedy person. It means that you are constantly aware that adverse change can make you irrelevant very quickly. The speed of irrelevance is much faster now and it largely depends on team types.

Some teams can be deluded. They believe too much in themselves because of past glory that it clouds their ability to see future danger. When the unexpected finally happens, they turn on each other and blame themselves and abandon the ship. They have always been living a lie.

Some teams can be totally ignorant of what is happening around them and can have tunnel vision. They end up working on products that have become irrelevant before they finish. They still believe somehow that others will adapt to them and csnf understand why failure happens.

Some teams can have extreme keyman risk. One person knows most of what needs to be done and nothing works well when that person is not in the picture. This type is more prevalent than we can imagine. Once one person takes more initiative, others just become passive.

/thread/ It has been almost 2 months since the end of the 2020 Nagorno Karabakh war and after observing it from the start and talking about it with (or listening to) some really smart people, here are IMO important lessons (new or old) from that conflict:

1. Even in smaller conflicts, U(C)AVs are making achieving air superiority, or at least denying it to the opponent, a lot more important than it used to be.

2. Effective distribution of real-time data from U(C)AVs (and loitering munitions, which can be launched to perform recon when other assets are not available) can significantly increase the effectiveness of even relatively old artillery systems.

3. While airpower is getting incredibly deadly and can quickly inflict massive material damage, you still need units on the ground with a strong will to fight despite taking casualties (and political will to accept that in serious modern wars, significant losses are inevitable).

4. Soldiers need to be aware that on a modern battlefield there are not really any "safe areas" and TTPs (tactics techniques procedures) need to be changed to reflect this.

BJP is planning to undertake 'Rath Yatra' in Delhi's riot-affected areas to seek donations for Ram Temple on Feb 1. In 1990, L.K. Advani had launched Rath Yatra from Somnath to Ayodhya.

This thread covers the large scale killing which took place during the Yatra and it's impact.

Between April 1989 and April 1990, 262 people died in Gujarat, mostly were Muslims. In October 1990, days after Advani’s yatra began, 41 were killed in Ahmedabad. The same month, 52 were killed in Jaipur, 20 in Jodhpur, 33 in Lucknow, over 100 in Delhi, 37 in Assam,

[1]

18 in Patna and 165 in Hyderabad. Also in October, a pogrom against Muslims in Bhagalpur, Bihar, saw 960 killed in which 900 were Muslims. In November, 31 were killed in Agra, again mostly Muslim and 13 in Indore. In Dec, 60 were killed in Karnataka and 134 in Hyderabad.

[2]

Many parts of India remained tense for long periods of time. Between April and May 1990, three riots in Kanpur killed 30; between May and November 1991 more than 50 were killed in Varanasi. In May 1991, 26 including 24 Muslims were killed in Vadodara.

[3]

In October 1992, 44 were killed in Sitamarhi. On 6 December 1992, immediately after the Babri Masjid was destroyed, pogroms against Muslims broke out in Surat where 200 died, of whom some 95 per cent were Muslims. In Bhopal in December, 143 were killed.

[4]

There hv been concerted efforts by members of the Oyo APC to rewrite history. They repeat so often the lie that Ibadan was a peaceful place bfr Seyi Makinde took over office on May 29, 2019. It has become a case of, repeat a lie often enough, & it begins to sound like the truth.

Immediately after he took over the government in May 2011, a violent clash erupted. The bloody clash described as "a recurring decimal" in the state saw one dead and about 10 injured.

By June 2012, there was another clash. This time between the NURTW and the PDP. The story was that the NURTW were angry that PDP members were singing Arikesola's praises. You can read the report for yourself.

May 2013 - Violence erupted on Thursday in Ibadan, the Oyo State capital, when known members of the ACN and the NURTW made to disrupt a political gathering put together by the leader of Accord Party, Senator Rashidi Ladoja.

August 2013- No fewer than eleven herdsmen have been killed in the last six weeks in some parts of Oke Ogun area; Otu, Ikomu, Igbo-Ora, Iwere-Ile, Iganna, Ilaju and Ado-Awaye.

Today Vice President @ProfOsinbajo presided over a meeting of the National Economic Council (NEC), to critically review the security situation in the country. Council recommitted to the following principles:

#NECBrief
#AsoVillaToday
#Thread

The Council recommitted to the following principles:

1. The protection of all residents of all States, including non-indigenous communities and religious and ethnic minorities within State jurisdictions;

2. The arrest and prosecution of all perpetrators of crime;

3. In collaboration with federal authorities, the reconstruction of destroyed homes and payment of compensation where appropriate by State authorities for damage to property and livelihoods sustained during targeted attacks on communities within their jurisdictions;

4. Ensuring that deceased victims of such violence are duly accorded dignified burial rites;

5. The immediate public and unequivocal condemnation of all manifestations of hatred, targeted violence, and other hate crimes against ethnic, religious, and minority groups;

6. Ensuring that local security initiatives—whether State Govt law enforcement agencies/local vigilante groups/ @PoliceNG Community Policing programme—are inclusive & composed with due consideration given to adequate representation of non-indigenous/minority resident communities;