1. Over $4 billion worth of equipment currently sits on the site. 2.The project is slated to cost $14 billion (N2.8 trillion) of which Dangote is contributing $7 billion in equity. 3.The project site is larger than Victoria Island. It is located on 2135 hectares of land in Ibeju-Lekki, Lagos near the Lekki Free Zone…
Nothing? That is no news. You are definitely not alone in thinking so. A couple of weeks back, under the auspices of our Africa Enterprise, we organised the Enterprise Development Talk with the same theme – What do you have in your hands? I didn’t get to speak, but it definitely took me down memory…
Uyo. Akwa Ibom. Slightly over a month ago. It was the last of our four days in Akwa Ibom. It was a Sunday. Departure flight was for early evening. Decided on a walk around what I had, on previous visits, thought to be an expansive greenery around Meridien (now known as Ibom Icon). I always…
I wish to thank President Wiebe Boer, the Board of Trustees, faculty, and students at Calvin University for inviting me to deliver today’s commencement address for the class of 2023. I have known President Boer for many years. He is a decent, humble, and innovative leader who cares passionately about development. You all are fortunate…
African Development Bank Group President Akinwumi A. Adesina has called on young university graduates to be instruments of change in a world beset by increasing socio-economic challenges. Delivering the keynote speech at America’s Calvin University Commencement ceremony, Dr. Adesina told the audience, including 700 graduates, “The world faces many simultaneous challenges, promising a future of…
1. Know thyself. You are the most important entity in the business. No one else sowed the seed of the business other than you. The success of the business is your gain, and the failure your loss and shame. In selecting the seed of business to sow, consider who you are in terms of temperament,…
Each time I see our young people complain, lamenting how difficult things are, with the doors of opportunity shut in their faces, I smile. If only they know. Not too young to run? I smile. The young have always been running. All over the place. The young have always run. Look around you. Many of…
Secure a Patent for your invention If you really believe that you have invented something that no one else in the world has done before. The first thing you must do is to secure a Patent for that invention. This you must do before you approach anyone, including companies and banks. Having no money to actually…
As an entrepreneur or an entrepreneurial business, there is nothing better than creating a new product or service that no one has ever seen before and turning it into a blockbuster commercial success. There is however another path to success, and this is called, the “fast follower”: There are a lot of organizations who are…
