₦airaland Forum

Guyyy...u just spoke my min. ..infact I feel like make I sponsor Olosho come ur place to treat u right for this articulate piece. U get knowledge..may it always be a shining light for u...amin.

idupaul:
First thing we should know the decline in oil prices is not commensurate to the level of drop our economy has witnessed. . Have you asked yourself that that despite low oil prices and virtually no democratic structure on ground plus no foreign reserve and a heavy debt profile how Obasanjo managed to steer the country to some growth ..Mr I will highlight some poor decisions made by a visionless Buhari (I also voted for him oo) that virtually nuked the Nigerian economy.

Before President Buhari was sworn in Oil prices had spiralled down plus he was taking over from an exceptionally corrupt govt led by the meek GEJ. A wise leader taking over such affairs will not do some things ..below are things Buhari shouldn't have done ..

1: He shouldn't have spent more than six months choosing his ministers and team ..Knowing that we were in an era of low oil revenues Buhari should have hit the ground running in a manner that will inspire confidence in the NIGERIAN economy but he didn't rather he left the country without a policy framework or directionfor 6 months .

2: The ridiculous MTN fine : 6 months after his inauguration Buhari suddenly realises he has low revenue from oil and take advantage of the simplest registration penalty to slap MTN the largest fine ever heard in human history , a ridiculous fine of 5 billion dollars ..that immediately set most multinationals who had been operating under lax Nigerian laws to find parallel means of expatriating over 80 billion dollars out of the country in under 3 weeks just in case the govt of the new sheriff decided to clamp down on their profits still housed in Nigeria..Ironically the president couldn't even get MTN to pay the 5 billion dollar as it was reviewed to some really paltry some to be paid small small over time but the damage was already done .

3: For years most people knew our Banks relied on govt patronage for a large percentage of its deposits..Mr Buhari in his visonles manner goes on to pull the rug over night by implementing TSA a 100 percent instead of the piece meal fashion recommended by those who even created the TSA in the first place, the banking industry was suddenly hit with a massive withdrawal symptom that also cascaded into the real private sector including small businesses .

4: When oil prices are low oil producing country usually ramp up production to try to use volume to counter losses realised form low oil margins and that why Saudi Arabia this year increased production levels to a record high ..In Nigeria what did Buhari do? Buhari chose such are time to declare Tompolo wanted for a supposed fraud of 13 billion naira thereby throwing the region into chaos as militants took to the offensive to avoid arrest. .this action further cut down our production by another half meaning despite low oil price Mr Buhari now had to deal with low output and production.

5: Recently as production started to pick up the Army announced it was deploying 10 thousand soldiers to the region ..I don't have a problem with that but why announce it ..By announcing it tension is again heightened in the region. .Abacha deployed more troops to the Niger delta but never announced it sef .

Bro I can go on and on ..the truth is that Buhari can never make a great leader and will never .he doesn't have that vision and prefers knee jerk action to well thought out solutions

Sorry Bro u are quite wrong and I will cite 3 examples where Chinese are ahead of west in innovation
- We Chat: has incorporated payment system amongst other platforms which Facebook has been repeatedly trying to incorporate to its platform. WeChat was the pioneer in this regard
- The Dual Camera innovation on iPhone 7 was already on Huawei P9 which was already on sale before iPhone 7 was announced
-Huawei in the field of Telecoms backend equipment (only telecoms engineer are aware of this) deployed BSC6900, BTS3900 which were new and game changers in this field.
Innovation represents a rude change in the way of doing things...after all Steve Jobs didn't invent Mobile phones nor data phones...he just radicalised what we do with out phones...source has been included

neocortex:
I don't think the title is appropriate, chinese prosperity was as
a result of using tested proven western business and technological
model not innovating per se.
I will say the chinese are replicators of success not innovators.

@nastyesco, can you include the source.

Hi OP...I bet you...while both positions has its perks...while I see you are obviously missing something which goes beyond money. At the new organisation you stand a big advancment in your career which is being head of the Unit.
While dangers associated with this may include a new organisation may sway eitherways by growing or folding. If you are not scared of taKing risks the new organisation will be a good place for you but if you have responsibilities and can't afford risks. You can stay with the present job. However, if you decide to leave make your present employer see the reason you are leaving them isn't because of money. Trust me you pass a better signal telling them you intend to leave because of the position not money...best of luck

femlex:
Thanks Intelligent dude.

The altitude of my bosses and colleagues towards me presently is very positive, and I believe it will be same in the new place. My calculation is has analyzed below
New Place,
Additional N53k monthly, smaller organisation compare to my present, head of my unit, job can last for at least four years, and unknown working environment.

Old place
Bigger Organisation, has more future in terms surviving, work as a support to the head of the unit, friendly colleagues and fear of being tagged not loyal to the organisation by requesting to leave in the first place, the last is my major worry.

I will weigh and add all the advice I get on this platform and other friends to the risk calculation before taking final decision.

Thanks

Apple’s new iPhone 7 was announced this week. Unlike Jobs-era keynotes, the announcement of this new flagship product was heralded by a long list of iterative changes: slightly lighter, slightly faster, slightly better battery life.

Only two changes are notable. The first is the removal of the headphone jack, a hotly contested decision.

The second is the addition of a second camera.

It’s a brilliant move. A second camera allows the iPhone 7 to use different focal widths and, better still, the digital simulation of bokeh — the fuzzy background you see in photos taken from DSLR and mirrorless cameras.

This is innovation, driven by a visionary leader.

Unfortunately, that visionary isn’t Apple.

Half a year ago and seven thousand miles from Cupertino, Shenzhen-based phone manufacturer Huawei unveiled their newest smartphone. Crafted in collaboration with Leica, a renowned German camera manufacturer, the Huawei P9 boasted one killer feature: a second camera that could digitally simulate bokeh.

It’s been a long time since China only copied the west. Increasingly, Chinese companies are leading the way, leaving their western counterparts iterating on outdated product roadmaps.

Facebook rolled out mobile payments in 2015. How many people do you know who use it?

WeChat, China’s dominant messenger platform, has had mobile payments and digital fund transfers since 2014. As of 2016, over 200 million monthly active users (1 in 4 of its full user base) regularly WeChat payments. Its use is ubiquitous — for colleagues, restaurants, boutiques, and taxis (which you can also book directly on WeChat).

Facebook launched chatbot integration in 2016, allowing businesses to tap into conversational commerce.

WeChat, once again, forged the path. Chatbots have been available on the Chinese platform since 2013, and adoption is so highly successful today that many Chinese start-ups will create a chatbot for customer service before even hiring customer-facing personnel.

How about integrated commerce? Facebook recognizes the opportunity — but most businesses on Facebook today are forced to use third-party check-out apps. Users can’t actually buy a product without this, and Facebook doesn’t capture any of that value.

WeChat — you guessed it — has had stores and integrated checkout available since 2013.

Industry conventions and the media were once abuzz with cries about China’s “copycat culture”. Today, those complaints are still spoken — but seldom by executives who understand the scope of how far Chinese digital innovation has come.

Their world changed, but ours didn’t.

While western companies can’t benefit from all of China’s advantages (most notably, a population that skipped the desktop-era and is mobile-native), there are lessons to learn. Here are three drivers of China’s digital innovation, and some ways today’s leaders can benefit from them.

Leveraging Competitive Advantage

Michael Porter created the idea of competitive advantage in 1985. Since then, the original idea of “the unique advantage we have over our competitors” has been far too often distilled into “what do we do most often”. Kodak is a prime and often-stated example of this. Failing to recognize that they were in the image-creation business, they neglected the digital camera market and lost all relevancy beyond as a near-bankrupt litigation agent.

Chinese companies, many being established in an environment of constant chaos, haven’t forgotten this. Beijing-based electronics manufacturer Xiaomi released its first smartphone in 2011. They rapidly expanded to phone peripherals, smart home products, drones, apps, and in-app purchases. Intuitively, they understood that their competitive advantage wasn’t in phones — it was the entire digital ecosystem of any and all physical devices. By scaling quickly and establishing themselves in a wide range of products, they created a holistic platform that was able to stake a claim on a vast territory. What once looked to outside observers like a haphazard hodge-podge of imitation has revealed itself to be an incredibly ambitious product vision.

Understanding the Population

The underserved masses offer a huge opportunity — for traditional industries, but especially for digital products. There are hundreds of start-ups that target a small segment of consumers. Need hugs? Nails done? Borrow the right dress? There’s an app for that.

Enterprise-scale products are similarly complicit. From app suites from the telecom industry to mono-brand fashion apps, many companies fail to understand the opportunity that lies in understanding firstly user pain points, and secondly, the size of the untapped market opportunity.

Hangzhou Wahaha Group, the largest beverage producer in China with annual revenues of over 13 billion USD, seized upon this with their launch of Nutri-Express in 2008. Nutri-Express, a combination of milk and juice, addressed a major pain point of a vast swath of China’s under-served population: the need for nutrition and vitamins in an easily consumed, reliable package. Health and nutrition have become an increasingly pressing concern as Chinese consumers become more wealthy. The simple pivot from what was once a producer of unhealthy, sugary drinks to address the newly surfaced needs of consumers yielded vast rewards — over 2.5 billion USD in sales in its first year.

Openness to New Ideas

For years, China has approached the west with a spirit of humility and learning. Executives and managers in China have constantly travelled to the west to learn in both academia and the marketplace. Chinese companies start with proven western models and products in the design stage, but then proceed to rapidly iterate and adapt them for the needs of the Chinese domestic market.

Qihoo 360, a leading Chinese security company, started in 2005 by delivering paid anti-virus software. The characteristics of the Chinese market, however, offered far more value in a freemium model paired with online advertising and gaming. Today, they’ve grown from a start-up to an industry leader with a market cap of over 11 billion USD. 67% percent of revenues are from advertising. Software sales, their original flagship, now make up only 1% of revenues.

How did Chinese companies arrive at this approach to learning from others?

It wasn’t easy.

In the 14th century, Imperial China led the world. Chinese achievements in science, economics, and exploration were unparalleled. They shut themselves off from the world, and failed to learn. Countries that they once viewed as laggards overtook them, culminating in the humiliation of the Opium Wars and the occupation of China by foreign powers.

China never forgot that lesson: a country that believes only in its own exceptionalism becomes blind to learning from the strengths of others.

The parallels with the West of today are clear. The lessons are present. Ultimately, today’s leaders will choose whether to view China’s example as a threat or as an opportunity.

Daniel Q. Wong is a senior product owner at McKinsey & Company specializing in the fashion and luxury goods industry.

I think like a man struggling right? Why don't you get me a job then?

Or better still get me an iPhone
Do you know anyone whose expenditure in a year is more than his income is totally broke and poor? Are you even literate

I am not interested in your financial standing...if u are actually literate...you will understand I said you THINK..I never concluded that's ur state...however...if u are trying to be a fine "bara" and begging for iPhone...just go to IDP camp...I am sure u ll likely see a benefactor to bless you with one.

While I agree with you...your quotes are also that of a man struggling and condemning people who have opted for the good life. Your neighbour intends to sell a house+land not just the land for 18m...asides your forgetting that a structure has been developed on the land. This is his proposed rate to sell. He may end up selling half that price, its dependent on what prospective buyer offers. While people with a BlackBerry in 2007 have used numbers of phones after that. Perhaps, many were alive in 2007 and dead today. Quit condemning people for choosing to live a more opulent life...never forget they are enjoying every minute of it. You should also try enjoying it..

Vizkizz:
[b] spending over 350k on a phone which wouldn't last 2years without being tagged "outdated"? Where is IPhone4?

Can someone tell me what is happening to Blackberry right now? I heard even whatsapp is not interested in their services anymore. Do you know the amount of virginity that was laid to waste on that phone? Even me sef furcked one or two girls with the promise of getting them a blackberry (Bold 2 for that matter)

Before you start calling me broke let me give you a little idea of what I can do with that amount that it will fetch me X10.

Get a land in Far ikorodu (come to my area in agric, you will get a plot for that amount but na inside thick evil forest) then wait for 5 years and sell it for 5 million. The guy staying next to my compound wants to sell his house right now for 18 million and when he bought it (2007) it was just 400k

I am sure some people bough Motorola blade at that amount and they are still tenants in the house they stay right now. NO WISDOM [/b]

[size=13pt]Buy what you need not what you want.

Buy Assets not liability.

Think like a billionaire (billionaires don't waste money on liabilities, they even look for ways to make more money) [/size]

ZKOSOSO:
Am wondering what power does a mere traditional ruler that Gov. Tambuwa can dethrone at his will have to declare a national Holiday?
Don't we have FGN? Don't we have a minister of interior? Don't we have SGF?

Are we operating a Sultanate Republic of Nigeria?

Pls someone help!

Why are you so ignorant...he simply declared it will be Eid-el-Kabir not a public holiday. There is a difference between Eid and public holiday. Eids are not the only holidays we have in Nigeria. Also, note the Sultan is the Spiritual leader of Muslims in Nigeria and Eid is an Islamic Holiday not a Nigerian one. Thus he has all authority to declare which day is Eid.

luvinhubby:
And you ban what you cannot produce a quarter (1/4) of your local need.

It's not a ban...it'd simply a case of confiscating goods that were falsely declared in other to short change the Govt and avoid appropriate tax payment. Remember this does not assure that the importer will sell it at a reduced price in the market. This is how it should be done...kudos to NCS for this

It's ridiculous...if this man is truly a liberator he should stop looking for lifelines and fight like a man. How many people have died recently for the so-called agitation of Biafra while his family is carefully tucked out harms way. Biafrans shld also realise Niger-Delta will rather be on its own than part with your guys. U have nothing to offer even amongst ur states only Anambra seems to be worth it
Quote me and be incarcerated like Nnamdi Kanu

I think this Govt is getting things wrong. Truth is a thorough Tax system isn't in place in Nigeria and because Govt needs other sources of revenue, They will need to explore other means for generating revenue. But the approach of this Govt is totally wrong. The telecoms system is already organised and Tax revenue is in place. There are many sectors which they can explore to generate tax. Simply put the Govt is just a very lazy one, they can't dare to innovate because they are not in tune with current practices. Rather than hire professionals to assist it has been mediocre appointments based on loyalty....Rubbish

LordVarys:
So they generated less than the previous year sef, after all their boasts about improving duties collection

Dumb ass...1st half of the Year 2015 was shared BTW GEJ and PMB. No one can exclusively claim credit for hat period. Also being an election period high volume of gifts and commodities imported would have led to more revenue.

Later they ll say there are no jobs

What happened at Electrical Electronics Engineering accreditation at Olabisi Onabanjo University...good to know Computer Engineering is still going good

Is it Dollar that they don't have that CBN is instructing them on the margin to sell
This is like a father who didn't pay his child sch fees but told him that he must come first at the end of the term

ZeeAfrica:
nigga shut de fuc.k up coz u aint making any sense

E pain am

ZeeAfrica:
Gal if u want a nigerian men. Take a flight and come search for one

Aunt why u dey vex? U should be giving testimony that u what other gals are journeyin to Sokoto for is already in your Sòkòto

Just imagine it Dangote was from the IPOB area of Nigeria. We for no hear word. I know one day they claim "we built Dangote group".

South African Entities always putting themselves first ahead ofor others irrespective of where they meet. I wish we Nigerians could learn from this







....In other news...e don tey wey I enter front page. I dedicate this victory to my bae Iya Bisi alakara

Jobia:
and any guy that sleeps with more than one girl is a what?

IS THE MAN!!!

Who em epp?

Quakertellicus1:
The sad thing about privatisation is that most Nigerians do not realise that privatisaiton means you are going to pay more for electricity.

We are not going to have light until we learn to pay for it.

We paid high tarriff for GSM....back when service was so poor we were paying N5000 for SIM.

We grumbled, but at the end of the day, things improved ...because the GSM companies had the money to invest in facilities from the excess mone we paid. And prices came down.

If we continue to prevent the power companies from doing the needful about the power sector...if we continue to prevent them from raisng the fees as they see fit, we would drive away more investors, and there would be more job losses. Which we do not need in these hard times.

And if you want an end to this, we have to take over the DISCOS again, which means heavy financial losses.

Nigeria needs trillions of naira to get up to 24 hours of light for everyone. And sadly, we do not have the money. That is why GEJ privatized power. And that is why APC won't reverse the decision

Call me names....but let's get real.

Prices for GSM came down because the market was competitive. The Telcos didn't come and say pay high price to get services. They invested in their infrastructure and charged high tariffs if you want to make use of it. Also they were not political firms, they were experts who came in with foresight and armed with funds. These DISCOs are simply mushroom firms set up by politicians and their cronies to loot us. How can a private firm ask me to pay for you to upgrade your infrastructure. That certainly isn't done anywhere in the World. They are Private firms and this is business. If they can't survive they should pack up and go. It ll serve as a deterrent for politicians and their cronies always wanting to take Nigerians for a ride.

Its ridiculous, these discos are simply phoney firms that were set up by crooked businessmen and associates of the PDP Govt, they have no idea about what the biz is about, they jst took loans fron the banks and are expecting profits from where they didnt invest. WE CANT PAY FOR POWER WE DIDN'T CONSUME.

Knowledge9000:
I don't think he is powerful is just that Yoruba and Hausa-Fulani tend to be very demure and respectful to someone in their societies who has risen above board notwithstanding if he or she is right or wrong...they will be loyal to that person. The cultural reverence that come with the throne of Obas, Onis and Emirs also makes it easier for them to control the people. With Igbos...it's impossible as they are not used to having powerful people! Igbo society is naturally and culturally an egalitarian society....everyone is equal! Have you heard of a powerful Igbo man before? Lol. The only way you will be powerful to Igbos is if you are fighting for their freedom...as in Ojukwu and Nnamdi Kanu, then you are talking otherwise you are just an ordinary person no matter your wealth and political clout.

Greatest joke of the century...Igbo's are yet to even discover themselves...no other tribe in Nigeria has a discord of unity amongst them like the igbos. Even Gburgburu himself (may his soul rest in peace) couldn't muster votes to win presidency in some Igbo stayes when he contested for Presidency of Nigeria....abeg go sleep

67 days konji shall be unleashed on this babe today *in wizzy baby's voice*

Very informative....Jazakallah Khair...may Allah reward the op and readers abundantly

oyb:
fola adeola must be turning in his grave at what his successors are turning GTB into

very sad.

as expected the chopped shoe 'entrepreneurs are on the thread to sell their fake gospel of 'self employment'

Dude pls...be informed...u don't have to call names to show enlightenment only to embarrass yourself. Fold Adeola is very much alive...Tayo is the dead one...abeg abeg no kill people before them time

I can't guarantee you that you will get a job immediately you quit this one, but then again...a time comes when a man must know what he wants in life, if they don't pay well and also didn't give employment letter, I ll advise u leave if you have some external financial support that you can always bank on (family, relatives) else,just stay and search feverently and quit without any notice cos this Buhari economy no be am. An employer who doesn't deem it fit to do the needful on his end doesn't deserve any loyalty on your end.

Substandard materials full everywhere in Onitsha..
That place just stinks of evil and deceit per Sq metre....RIP to the dead.

A since advise for You....RUN and never look back. If her father can get such terrible treatment. ...she will definitely do the same to you for a minute issue

martineverest:
Op, she is not the richest black woman, Angola president's daughter,Isabel dos Santos is the richest

Guyyy
..don't be a hater