DapoBear's Posts
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Shouldn't you start things off by saying what you liked from the documentary? Anyway, for me, I love how Brazil wants to do things themselves. Car manufacturing, aerospace, oil exploration, biosciences, agriculture. . . there is almost nothing that they do not produce. Unlike Nigeria, which imports everything ![]() |
igbobuigbo:Not even just high variance (as your lilly-livered comment suggests), I imagine that it is going to be highly unprofitable. In the US, the federal government gives tons of grants. There is lots of existing infrastructure to support your endeavors. In Nigeria, nothing. You'll have to build it all from scratch. This raises your costs of business a lot. I doubt bioscience research is going to be profitable even if you invest enormous amounts of money. Simply no enabling environment. Even chemistry and engineering to me seem suspect. Hard to do any real engineering without electricity. You could do some CAD stuff and then send your final designs to China to be manufactured. But not likely you could build advanced things in Nigeria at competitive prices. |
igbobuigbo:In that case, doubtful that is going to be something that can be that successful in Nigeria (at least for now.) I think I could start a pretty decent, internationally competitive software company (based on my niche) with under $5 million in capital based in Nigeria. But biology R& is a lot more risky, hit-and-miss. Less easy to justify the startup costs in a place like Nigeria.Medicine though, it is easy to justify the costs since you can charge lots of money for your services. And your revenue is likely to be more stable and predictable than pure R& .And of course, finance doesn't need me to defend it, it is pretty clear why something like that is useful in a capital-starved land like Nigeria. |
igbobuigbo:An acquaintance of mine home-brewed beer himself. It actually doesn't require that much equipment or money. And it was delicious! Beaf:Only one way to know for sure On a serious note though, I'm not sure how hard/easy winemaking is. I'm told that home-brewed beer is almost impossible to mess up, but maybe wine is harder to do correctly. |
I'm hoping that my neck of the woods achieves fiscal independence from oil well before it runs out. |
@igbobuigbo: How much money does it cost to set up a good bio lab? Say you wanted to set up a good research lab, try to come up with patentable work? Both fixed costs and variable costs. Ballpark estimates about both, # of staffmembers needed, etc are fine. |
I don't think I'd do that even to an armed robber threatening my life. I'd try to kill him cleanly. But to douse someone in gasoline and set them on fire? That is just tremendously cruel and brutal. I wouldn't do that to a cat or dog, talk less another human being. Kill cleanly, don't be sadistic, in my opinion. Or maybe the gruesome killing is meant to discourage armed robbers from coming there. . . |
Hrm. Thinking about it further, I'm starting to think that the fields more likely to be immediately useful to Nigeria are things like medicine and finance. PhDs in math/physics/engineering aren't as practical for a country that doesn't really develop anything. Otoh, expertise in medicine and finance are useful everywhere, even in Nigeria. Finance especially will lead to enough capital to develop other areas. Econ and finance are certainly viewed as less prestigious than these other areas, but being able to build a good banking system (for example) is likely to be of more practical benefit to Nigeria than most other things. Thoughts? Am I totally off base? |
Becomrich?:That is the most evil video I've seen in my life, if that is politically related. What the hell did they do to die like that ?? Over politics? Zap that, it isn't that serious for people to die over.Are you sure that is politics? It is probably armed robbers or something, no? |
PhysicsQED:One of the few times I've actually lol'd at something I've read here ![]() |
Beaf:A waste of wine ![]() |
guys, you should be able to tell by now that @fstranger is joking |
If Buhari stole money, how come he has has such difficulty winning elections? Surely 2.8 billion is enough to make himself a formidable candidate. |
Wish this sort of thing would stop happening. . . these fraudsters are making it harder for Nigerians ![]() |
PhysicsMHD:Structure is very important. The decentralized, competitive, free-market nature of the American education system imo is part of what makes it so successful. Schools serve the needs of the populace here. They aren't just appendages of the government that will exist regardless of the quality of job they are doing. Excellence here is also rewarded. The best schools in America KNOW they are the best and charge more money as a result. Harvard costs more money than University of Maryland. In Nigeria, there is less of a differential in prices between the best schools in Nigeria and the worst ones. This suggests inefficiency in allocating resources, I think. I'm not saying the American education system is perfect, but I think it does a better job of utilizing resources than the Nigerian one. |
A very tough question. Not quite sure how to answer it. |
PhysicsMHD:I'd advocate a decentralized, privately run, publicly funded (well, primarily public funds, some private), like the American graduate system is. Oh, and by "private", I should really say "non-federal." I don't mind individual states owning schools, so long as they give them a measure of independence and insulate them from political change, etc. |
Yeah, Dabiri is amazing. Summa cum laude from Princeton in MechE, Hertz Finalist, Rhodes Finalist, Marshall Finalist, PhD in 4 years from CalTech, MacArthur Genius Grant, made tenure in only 4 years! I hope he still considers himself Yoruba (rather than just generic African American). . . that is an asset that I don't want my people to lose ![]() |
yeswecan:Well, the universities imo should be privately run, not begging at the teats of the FG for funding. The FG gives them money arbitrarily and not consistently. It is hard to do good research if you cannot pay salaries, have people striking all the time, are getting inconsistent funding, etc. Research and academics requires longterm planning. Ideally you secure your funding stream for 4 or 5 years at a time so you can have peace of mind to do good work. I don't want a perfect environment, just a reasonable one for people to accomplish something. Right now, Nigeria doesn't even have that. |
Eh, well, N20 billion isn't bad, I guess. I didn't really believe they'd be able to bring down Cheney. Hopefully they'll do something useful with the money ![]() |
yeswecan:This doesn't make sense until Nigeria gets serious about education. Otherwise their talents and abilities will be wasted. Nigeria right now is going through the motions, but not trying to compete for real, in my opinion. |
Akin-Egba:It is what it is, plenty of professors coast after getting tenure. Not going to name names, but even a pretty famous guy at my own school is imo coasting, despite only being 55 or so. That man is a mediocre. I do not need a PhD. There are about 3 billion or so people in the world, how many of those have PhDs? But if you must have it, then use it well. Bolaji is not doing so.Eh, Bolaji is your superior. Achieve at his level before you attempt to criticize him. What on earth have you done in your life that compares with him? You have less degrees, a smaller brain, less money, and less respect in the Nigerian(-American) community. You might not even be good enough to gain admission into Bolaji's ChemE department, talk less of being a tenured prof there or the chair. |
^-- Ife is the best ![]() Nah, I dunno if this is true or not, but both of my parents went there so I'm partial to the school. |
buzugee:He lives near the new stadium of an NFL team I think he bought the property for ~200k or so, it has since appreciated quite a bit. |
@Akin-Egba: Very likely you are not good enough to even get a PhD, not to talk of getting tenure at even a school of Howard's level. @PhysicsQED: Poorly researched political articles? You might disagree with the conclusions, but he is pretty careful with his work. (And yes, as you might have guessed, while not related to him, I know him and his family pretty well.) |
Kunle is a badass. I wish my own research were good enough to get a faculty job at a school of that level, lol. Dabiri looks to be an absolute stud. PhD in 4 years from CalTech, and hired by the same school as a professor? This rarely, rarely happens, you have to be amazing for your own school to hire you. MacArthur Genius grant, too? Wasn't aware of this Deji Akinwande guy. UT is a damn good job to get out of grad school. |
One of my closest friends is still without papers, has no college degree, yet is making $50k+ a year at an engineering firm as a draftsman/CAD specialist. He recently bought a beautiful home in a prime location. As much as I like Nigeria, there is simply no way to compare it economically to the US. If you have any sort of talent or ability (law, medicine, engineering, etc) and can get work in the US, in 95% of cases you are better off leaving. Just too much opportunity here if you have the right credentials (and can pass whatever certification exams are required for your field.) Though the market for law graduates is absolutely terrible right now (and has been horrific for the past two years.) |
buzugee:I have never met a poor Nigerian doctor in America in my life (who has passed his board exams, at least.) All the ones I've met are pretty well off, have nice homes, beautiful wives/girlfriends, drive nice cars, etc. |
What sort of juju can she do with boxers? |

is a lot more risky, hit-and-miss. Less easy to justify the startup costs in a place like Nigeria.
On a serious note though, I'm not sure how hard/easy winemaking is. I'm told that home-brewed beer is almost impossible to mess up, but maybe wine is harder to do correctly.
?? Over politics? Zap that, it isn't that serious for people to die over.

I think he bought the property for ~200k or so, it has since appreciated quite a bit.