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JasonEkanem's Posts

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Business › Re: Can We Build A Company Together? by JasonEkanem(op): 11:57pm On Aug 15
Active. Let's have the conversation
Business › Re: Can We Build A Company Together? by JasonEkanem(op): 1:53pm On Aug 14
bemagnify:
I am interested, let’s discuss the nature of the business
We are building a Study in China consultancy company with a number of unique strategies and selling points, some of which I do not intend to fully disclose at this stage. We are leveraging already established partnerships and business relationships to create a sustainable business model within the China–Nigeria education and migration ecosystem.

THE OPPORTUNITY
China currently offers some of the most affordable, high-quality tertiary education in the world. It has also become the global manufacturing hub and is increasingly positioning itself as a major driver of the global economy, with projections suggesting it could become the world's largest economy by GDP in 2035.

The Chinese Scholarship Council has continued to increase scholarship opportunities for African students, with the number of African students in China expected to exceed 81,000 by 2027.

One reason China has historically been overlooked as a "Japa" destination is the perception that its employment regulations are restrictive and that there are limited opportunities for international graduates, particularly those whose primary focus is not business.

However, the landscape is changing. China now provides entrepreneurial pathways for qualified individuals, while studying in China can also provide a career pathway into Chinese enterprises expanding into Europe, North America, and Australia. This creates opportunities that extend beyond obtaining a degree to building international professional networks and gaining access to emerging global markets.

OUR IMMEDIATE PLAN
Ahead of the March study intake, we intend to finalize our Memorandum of Understanding (MoU), complete SAMR registration and the required Letter of Attorney, and commence targeted marketing campaigns aimed at prospective Nigerian postgraduate applicants.

One of our key and already concluded strategies is to partner with tech startups in Shenzhen to provide our applicants with short-term internship and consulting opportunities. Beyond providing practical work experience and supporting the visa application process through recognized internship documentation, these placements can create valuable professional networks.

Upon completion of their programmes, students who do not wish to remain in China could potentially pursue employment or further immigration opportunities through the European, North American, or other international branches of companies they have previously worked with.

ADDITIONAL REVENUE OPPORTUNITY
During the Canton Fair in October 2025, we assisted three private clients with visa applications. This experience identified another viable revenue stream that we intend to develop as part of the company's broader service offering.

In addition to study-abroad consultancy, we intend to leverage our existing networks and expertise to provide visa-related support and other China-focused services to individuals and businesses travelling to China for education, trade, business, and related purposes.

INVESTMENT & PARTNERSHIP STRUCTURE
We are seeking a commercial and revenue-sharing arrangement in which partners can obtain an ownership stake in the company based on their investment contribution.

Partners would not only participate financially but could also be involved in strategic decision-making, administration, and other key operational roles, depending on their contribution and agreed responsibilities.

With the business structure and core strategy already established, we believe the company has the potential for both short- and long-term sustainability and profitability.

TRANSPARENCY & ACCOUNTABILITY
We intend to operate as a publicly accountable company, with transparency, proper documentation, and a clearly recorded business journey. Our goal is to build a company where investors and partners can track the use of funds, business performance, milestones, and growth from inception.

Business › Re: Can We Build A Company Together? by JasonEkanem(op): 9:30am On Aug 14
Hightablevoice2:
What I find that works best with the Nigerian system so far is most Nigerians or even firms likes to operate with autonomous control.
They rarely give seed money rather it is loans they offer. And their reason is simple, it takes a whole lot to actually evaluate what a company is worth, what it's future projections will be and eventually the longevity of said enterprise. So mostly they rather give loans out first.
Your point about the practical reality of the Nigerian system is valid, and I agree that getting something off the ground and demonstrating traction can make the conversation with investors much easier.

But then, I think the barrier to entry is precisely why I highlighted corporatization for small businesses.

It does not necessarily have to start with an elaborate corporate structure, expensive board members, or major investors.

At the most basic level, CAC registration and a properly structured commercial/revenue-sharing arrangement already create a corporate vehicle through which people can pool resources, define ownership, and share returns.

The question, therefore, is whether we should always wait until an idea is sufficiently established and funded before people can come together, or whether the structure itself can be used to help people build that traction collectively.

Secondly, autonomy is a major issue. Anyone putting capital into a business will naturally want some level of control, oversight, or protection. That is understandable.

But there is a demarcation between this kind of arrangements, and a conventional loan. A properly structured revenue-sharing or equity arrangement can potentially provide that middle ground. This is what works in most Asian countries.

Few months ago, I had a business invitation from China and approached a bank for a loan. There was a feasible business outline plus the fact that I am a civil servant.

I offered a landed property, backed by the survey plan and certificate of deeds, as security. Yet the branch head pointedly told me, that they preferred short-term financing and assets like gold or cars.

That is precisely the barrier I'm talking about. If a business owner can present tangible security and still cannot get financing required to build a long-term enterprise, then simply telling entrepreneurs to get a decent loan and build first may not be a realistic solution for everyone.

Banks in most countries deliberately support startups, but its not so in Nigeria where they make more profits from other ventures. They post profits every quarter, but barely a figure on the small businesses supported, or the intentional contribution to the economy.

That is why I find the corporate commercial/revenue-sharing model interesting. Rather than one person carrying the entire burden of an idea and trying to convince a bank to lend against it, several people can contribute different things: capital, expertise, networks, operations, assets or market access and agree from the beginning on how ownership or revenue will be shared.

Lastly, you talked about High Net worth Individuals.

Unfortunately, a significant portion of the wealth in that category is concentrated among elites, politicians and people benefiting from existing networks of influence.

Many wealthy Nigerians would rather spend heavily on clubs, luxury lifestyles and social activities than putting seed capital into a startup. So telling an ordinary entrepreneur to simply find an HNI doesn't really address the access problem.
Business › Can We Build A Company Together? by JasonEkanem(op): 2:24am On Aug 14
One very uncommon business model in Nigeria is corporate partnership and joint venture amongst small business owners. But this is the secret of most top corporations.

Recently, we have seen this play out again in the Nigerian insurance industry, where the recapitalisation exercise is pushing companies towards mergers, acquisitions and other forms of consolidation.

Top law and accounting firms are majorly tagged “& Co.” They are where they are because they understand the business of partnership.

I intend to launch a study-abroad consultancy service for a particular destination. I have preliminary engagements, as I have visited the country twice, and I have already secured an agency role with one university.

I need suggestions on how to get started with finding partnerships, especially in raising seed capital and corporate ownership structures.

My thinking is that instead of building everything alone, there could be value in bringing together people with different strengths.

The question then becomes: how do you structure such a partnership properly?

How do you find the right people to partner with?

How do you determine equity ownership?

When should it be a joint venture, and when should it simply be a commercial/revenue-sharing partnership?

How do you bring in seed capital without giving away too much of the company?

And what are the best corporate structures for a small business that intends to eventually have multiple owners/investors?

I would particularly appreciate contributions from people who have actually built businesses through partnerships, joint ventures or equity investment in Nigeria.

I'm interested in the practical side of it — finding partners, negotiating ownership, structuring the company and raising the initial capital.

I believe this is an area where Nigerian SMEs can learn a lot from the way larger professional firms and corporations have historically used partnership and consolidation to grow.
Business › Re: Corporate Marketers In Lagos by JasonEkanem(op): 8:20am On Jun 13
A referral or website is welcome
Business › Corporate Marketers In Lagos by JasonEkanem(op):
I want to engage corporate marketers, or a marketing agency in Lagos. How do I get to that?
Adverts › China Trade Revolution And The New Opportunities by JasonEkanem(op):
Away from the politics of 2027, have you paused to ask yourself what is really happening between the United States and China, and how it could affect your business, investments, and future opportunities?

The headlines are everywhere:

• The Russia-Ukraine conflict
• Rising tensions between the US and Iran
• Sanctions on Venezuela
• Global trade realignments
• The expansion of BRICS

While these events appear disconnected, many analysts believe they are part of a broader restructuring of the global economic system.

One country sits at the center of many of these developments: China.

Stay with me.

In recent years, China has accelerated efforts to internationalize the Yuan and reduce dependence on the US Dollar in cross-border trade. By March 2024, over half of China's payments were reportedly settled in Yuan rather than Dollars. Countries such as Russia, Iran, and others have increasingly adopted alternative settlement arrangements for portions of their trade.

At the same time, China remains the world's largest manufacturing economy, accounting for roughly 30% of global manufacturing output.

But the most important question is not what this means for China.

The question is:

WHAT DOES THIS MEAN FOR AFRICA?

For years, Africa imported finished products from China.

Today, the conversation is changing.

Through initiatives such as the Belt and Road framework and various China-Africa cooperation mechanisms, Chinese companies are increasingly exploring local partnerships, manufacturing, assembly operations, industrial parks, infrastructure projects, and joint ventures across African markets.

For Nigerian entrepreneurs, manufacturers, startup founders, real estate developers, project managers, consultants, and investors, this shift may create opportunities that did not exist a decade ago.

This is why we are launching the Africa-China Enterprise & Capital Forum (ACECF).

Our goal is to build Nigeria's first structured networking portal connecting:

✓ Verified Chinese manufacturers
✓ Chinese investors and enterprises
✓ Government-backed funding opportunities
✓ Nigerian businesses and project owners
✓ Startup founders
✓ Real estate developers
✓ Industrial project promoters

The platform will be officially launched in Lagos on July 11, 2026, alongside the public presentation of the book: "China's Economic History and Development Experience"

The event will host representatives from China's trade promotion ecosystem, provincial business organizations, and private enterprises, while participating Chinese delegations undertake visits to industrial clusters in Lagos, Abuja, Port Harcourt, and Abia State.

We are currently building a network of Founding Partners who want early access to this emerging ecosystem.

Founding Partner Benefits:

• Exclusive access to the Africa-China Networking Portal
• Access to verified Chinese manufacturers and business contacts
• Priority consideration for business matching opportunities
• Access to future trade missions and investment forums
• Opportunity for qualified projects to be showcased through our platform
• Certificate of Participation

To support preparations for the launch, we are inviting interested stakeholders to pre-order a copy of the book through our platform.

A book purchase is not simply a purchase—it is your entry into a growing network focused on Africa-China business opportunities.

If you are a business owner, investor, startup founder, manufacturer, consultant, project manager, or real estate developer, this may be one conversation worth paying attention to.
Crime › Re: Gunmen Attack Immigration Office In Ogbomoso, Loot Arms by JasonEkanem: 6:56am On Jun 04
Everyday sad news. Which way Nigeria?
Foreign Affairs › How The Petrodollar System Was Born by JasonEkanem(op): 7:16pm On Apr 13
Before 1971, the US dollar was backed by gold. This meant the United States had promised to exchange $35 for one ounce of gold.

But by the early 1970s, countries began to doubt whether the US actually had enough gold to match all the dollars circulating worldwide. As pressure increased, US President Richard Nixon announced in 1971 that the dollar would no longer be convertible into gold. This event is known as the Nixon Shock.

At that point, the US realized that oil had become a universal commodity essential to the entire world. Most of the world’s oil reserves were concentrated in the Middle East, especially in Saudi Arabia.

The US approached Saudi Arabia with a strategic proposal: any country that wanted to buy oil must pay only in US dollars—not in any other currency. In return, the US would provide security guarantees and protection.

For Saudi Arabia’s royal family, this deal made sense. They faced internal threats like religious opposition and the risk of military coups. Agreeing to sell oil exclusively in dollars was not a major sacrifice, since the dollar was already widely used in global trade.

Saudi Arabia accepted the deal and then persuaded other members of OPEC to follow the same system. As a result, oil worldwide began to be traded primarily in US dollars.

This shift allowed oil prices to be influenced within this dollar-based system. More importantly, it created a permanent global demand for the US dollar.

The dollars earned from selling oil came to be known as “petrodollars.”

Politics › Re: Magnus Abe Thanks Tinubu, Wike After Appointment As NUPRC Chair by JasonEkanem: 10:26am On Jan 08
Exousiang01:
Some folks keep deceiving themselves that Wike is not powerful.
All the Ambassadorial appointments from Rivers state came from Wike. Aside his members of the G5 who got the appointments too.
How many ministers in APC get slots reach Wike?
Good Morning Chief... I have a business proposition I would like to share with you.
Travel › Re: Young Nigerian Man Laments After US Visa Denial(photos/video) by JasonEkanem: 10:24am On Jan 08
SeaTrade:
Brotherly,been a while oo
Happy new year.
Good Morning Chief... I have a business proposition I would like to share with you.
Technology Market › Val Day: Pre-order Customized Yesido Earbud by JasonEkanem(op):
What's your plan for this year's Valentine’s Day?

Don’t just say I love you—let them hear it ❤️🎧

Surprise your spouse or loved ones with a pre-ordered customized Yesido JB22 Earbuds earphones made just for them.

Personal, stylish, and unforgettable!
Technology Market › Re: Pre-order Customized Earbuds for ₦ 6k only by JasonEkanem(op): 8:54pm On Jan 07
A very affordable and perfect Val gift 🎁
Technology Market › Re: Pre-order Customized Earbuds for ₦ 6k only by JasonEkanem(op): 10:40am On Jan 07
Let's build a sustainable network in 2026
Politics › Re: Last Christmas, Rice Was Selling For N100,000. Today, It's 50,000 – Hon. Bature by JasonEkanem: 10:45pm On Jan 06
Nigerians needs to take ownership and economic responsibility
Technology Market › Pre-order Customized Earbuds for ₦ 6k only by JasonEkanem(op):
This Valentine’s Day, don’t just say I love you—let them hear it ❤️🎧

Surprise your spouse or loved ones with a pre-ordered customized Yesido JB22 Earbuds earphones made just for them.

Personal, stylish, and unforgettable!
Romance › Re: Would You Date An Asian Woman? by JasonEkanem: 8:43pm On Apr 05, 2025
Our Brothers from the East have ruined the chances of people outside taking us serious cry angry undecided

As a Nigerian, you don't have a chance with an Asian woman. Okay Bye
Education › Re: AKS Students Return After Winning Debate In Singapore by JasonEkanem(op): 7:29am On Oct 25, 2024
Earlier, the State Governor, Pastor Umo Bassey Eno had felicitated with the kids

https://www.facebook.com/share/p/E3Sh4HLyRqf785Ec/?mibextid=oFDknk
Education › Re: AKS Students Return After Winning Debate In Singapore by JasonEkanem(op): 7:26am On Oct 25, 2024
More
Education › AKS Students Return After Winning Debate In Singapore by JasonEkanem(op): 7:25am On Oct 25, 2024
INT’L DEBATE: A’IBOM GOVT WELCOMES NIGERIA’S CONTINGENT BACK FROM SINGAPORE

Akwa Ibom students who represented Nigeria at the 2024 Bilateral Schools Debate held in Singapore have returned home after coming tops in the competition.

The students were treated to a rousing welcome by the Akwa Ibom State government at the Victor Attah international Airport, Uyo on Thursday evening.

Welcoming the contingents, the State Commissioner for Education, Mrs Idongesit Etiebet who was visibly elated, congratulated the team for being good ambassadors of Nigeria and Akwa Ibom State in particular.

Admonishing the students to continue upholding the high standards they have inculcated,

Etiebet who was full of praises to Governor Pastor Umo Eno for the huge investments in educational advancement, described the victory as another return on investment.

“The students' achievement is another testament to the State Governor’s commitment to education and the future generation and I know as a loving and caring father, the Governor will personally treat these great ambassadors to a warm welcome.

“The team lead, the coach and the observer were all amazing and we are so proud of them,” Etiebet added.

On their parts, the victorious students took turns to thank the State Government for solely sponsoring the competition.

They also expressed gratitude to the State ministry of Education for the transparency exhibited during the selection process and promised to remain good ambassadors of the state at all times.

Speaking on behalf of the Parents, Hon. Nkereuwem James expressed appreciation to God for a successful outing and to the State government for the sponsorship.

They assured of continuous support to Governor Umo Eno- led administration in the State.

Similarly, the Chairman of Mkpat Enin Local government area, Hon. Emmanuel Inyang who was also at the airport to receive the Students, congratulated Nigeria’s contingent for a successful outing. He also thanked the Governor for constantly making Akwa Ibom a cynosure of global eyes.

https://www.facebook.com/share/p/XmastMpvLULnCVRw/?mibextid=oFDknk

Politics › WAYC Condemns Racist Practices By Chinese Supermarket And Extortion by JasonEkanem(op): 7:09am On Apr 24, 2024
PRESS RELEASE: West African Youth Congress (WAYC) Condemns Racist and Discriminatory Practices by Chinese Supermarket and Extortion by British School in Nigeria

April 23, 2024

The West African Youth Congress (WAYC), a non-governmental youth advocacy organization representing the interests of young people across ECOWAS member states, strongly condemns the discriminatory actions of a Chinese supermarket situated at China General Chamber of Commerce, along Yar'adua Road in Abuja, that has reportedly barred Nigerians from shopping in its facility. Such racist and discriminatory practices are unacceptable, especially when carried out on Nigerian soil.

The recent reports of Nigerians being denied access to this establishment based on their nationality is a clear violation of human rights and a demonstration of xenophobia. As an organization committed to equality and justice, WAYC calls on the Ministry of Foreign Affairs, Ministry of Trade and Investment and Chinese Embassy, to take immediate action and demand accountability from the said Chinese Supermarket. Furthermore, we urge the Police, Department of State Services and National Intelligence Agency and other law enforcement agencies to conduct a thorough investigation and order a probe into this criminal behavior.

In addition to this, WAYC expresses deep concern over the reported exorbitant school fees charged by Charterhouse, a private British school, which demands 42 million naira per annum for each primary school student and a non-refundable registration fee of 2 million naira. This blatant exploitation of parents and guardians, especially at a time when many citizens struggle with poverty and the minimum wage remains at a mere N30,000 per month, is deplorable.

Such practices not only perpetuate inequality but also breed corruption by encouraging those in privileged positions to exploit their advantage for personal gain. We call on the Ministry of Foreign Affairs, Ministry of Education, British High Commission, Department of State Services and National Intelligence Agency to fulfill their mandates by preventing foreign institutions from extorting Nigerian citizens and ensuring equitable access to quality education for all.

WAYC reiterates its commitment to advocating for the welfare and rights of the people of ECOWAS member states, particularly the youth. We recognize that policies and events in Nigeria have socioeconomic and political implications across the region, and we stand in solidarity with all those affected by injustice and discrimination.

Signed
Amb Mohammed Ahmed Marafa, PSLC
Secretary General and Head of the Mission
West Africa Youth Congress (WAYC)

https://www.facebook.com/share/p/bvwHxeeEiQuuo7vv/?mibextid=xfxF2i

Politics › Re: Gabriel Yakubu Aduku Dies At 80 by JasonEkanem: 3:45pm On Mar 12, 2024
It's only in Nigeria that an Architect will be a Minister for Health... As per what experience or technicality is he taking to the sector?
Politics › Re: Group Demands Apology From Akpabio Over Outburst Against Ex-deputy Governor by JasonEkanem(op): 10:43am On Mar 11, 2024

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