Feature/OPED
Galvanizing for Geometric Growth in Nigeria amid Global Trade War & Pandemic (Part Two)
By Oremade Oyedeji
讓我今天從這篇文章開始。“找到您的目標並留在自己的車道上,也許您可以成為富有創意的尼日利亞的一部分
Don’t get confused with my introduction; I am now practicing how to switch my transcript between English and Chinese, just in case.
I wrote; Translation – Let me start today article with this phrase; “Find your purpose and stay in your lane, and just maybe, you can be part of the creative Nigeria”.
Yes! a creative Nigerian strategy (for example) that migrated Victor Agunbiade from Nigeria in 2007, enlisted in the Navy as a storekeeper in 2008 and commissioned as an officer of the US Navy in 2013 is fulfilling purpose.
I have no doubt that Hon. Abike Kafayat Oluwatoyin Dabiri-Erewa, the Chairman/CEO, Nigerians in Diaspora Commission, would be proud to identify with him.
Recently, the United States Navy celebrated now English speaking Lieutenant Victor Agunbiade, a Nigerian decent of the Yoruba native, for an effective management of its largest overseas cash disbursement office.
Agunbiade, a Nigerian-born US Navy Reserve Supply Officer currently serving at Camp Lemonnier in Djibouti, was awarded the Navy and Marine Corp Development Medal for his exemplary accountability.
The money accounted for approximately 70 per cent of its overseas disbursing volume. The Nigerian-born US Navy has been the officer in charge of dispersing and money collection for the entire African regional operation.
Working from an austere environment, Camp Lemonnier in Djibouti is a US Navy base. Djibouti is strategically located in the Horn of Africa and is the only enduring US military base on the continent of Africa.
Why Camp Lemonnier in Djibouti?
You will recall that, Djibouti made headline in recent month as she lost her final bid for a sit at the Security Council of the United Nations (UN) to Kenya. Well, Djibouti presence in Nigeria is very noticeable, and that perhaps maybe influenced singularly by the choice of their representative in Nigeria, who is also a Nigerian bred, Dr Taiwo Afolabi, a very inspiring Nigerian I look up to. Don’t bother “googling” his name, you won’t find much, he is hardly on camera. Me: Smiles…
Djibouti celebrated her independence day a few months back and it lost its biggest infrastructure and highest employer of labour, the seaport, to China, maybe deceptively and has set it up as a military base.
There has been a military build-up there as Victor Agunbiade and his US troops have also setup a base there to keep the communists in check.
Amid Global Balance of Trade, the truth is Africa is still a colony. Responding to a question by a South African journalist in 2016 in Nebraska, you will recall that Donald Trump said “there is no shortcut to maturity, Africa should be re-colonized for another 100 years, Trump was said to have referred to Africans as slaves that they know nothing about leadership and self-governance.
In Nigeria, according to a press release titled Facts About Chinese Loans to Nigeria by the Debt Management Office (DMO) recently, the agency said; “As at March 31, 2020, the total borrowing by Nigeria from China was $3.121 billion (N1,126.68 billion at $1/N361) out of the total public debt of $79.303 billion (N28,628.49 billion at $1/N361).”
Similarly, in terms of external sources of funds, loans from China accounted for 11.28 per cent of the external debt stock of $27.67 billion at the same date, said the debt office.
The issue with Chinese debt trap diplomacy is that, most Chinese loans are tied to infrastructural developments; some African nations have had to forfeit their stakes in their country national infrastructure, which they used as collateral, after they defaulted.
For instance, $7.4 billion of Zambia’s total $8.7 billion foreign debt is owed to China and since late 2018, the Zambian government has been in talks with China and if care is not taken, the country might totally surrender the state electricity company, ZESCO, to China as a form of debt repayment since the country has defaulted on the plethora of Chinese loans for its infrastructure projects.
Zambia has already lost its international airport in Lusaka, and 60 per cent stake in the state own media ZMBC to China.
Another African country in the Chinese debt trap diplomacy is Kenya, which lost its most lucrative port, Port of Mombasa, to China after it defaulted in the refund.
Others are Sri Lankan Magampura Mahinda Rajapaksa Port and Mattala Rajapaksa International Airport, due to Sri Lanka’s inability to service the debt on the port. It was leased to the Chinese state-owned China Merchants Port Holdings Company Limited on a 99-year lease in 2017.
Aside Chinese strategy policy for Africa being said to be a population swap as laid out in an obnoxious instrument, African population is strangely projected to also decrease by some unknown occurrences.
The technique is to grant African countries some toxic loans to build lagging infrastructure and get African leaders to sign a cloak contract that will permanently transfer the ownership of these ports to the Chinese nation.
China may effectively own the African continent and its resources ahead of the United States of America if this strategic plan works. The consequence is that Chinese citizens may take over the police and major infrastructure due to failure of repayment.
As my introductory paragraph pointed, perhaps, all Africans should all start learning Chinese language from now. 我寧願學習Yoruba 代替
In Nigeria, the Chinese presence is very obvious and they are heavily involved in illegal mining due to our lack of mining infrastructural know-how.
Nigeria needs to avoid unscrupulous loan contracts that are not properly matched to commercially viable infrastructural development.
In my opinion, a loan is not bad if the infrastructure being financed with it is commercially appraised like the Fourth Mainland Bridge infrastructure financed by a multilateral bank, African Finance Cooperation (AFC) created by former president Olusegun Obasanjo to fund infrastructure in Africa and is located in Osborne Ikoyi Lagos.
In a relative twist, a top Nigerian banker, Mr Akinwumi Adesina, was cleared after a corruption probe. Sequel to my article published in June 2020 title galvanizing for geometric growth amid global trade war & pandemic” (part 1), where I dwelled on the issue, the president of the African Development Bank (AfDB) has now been cleared of corruption charges after a review by an independent panel.
The United States, one of the bank’s biggest shareholders, insisted on a new inquiry in April after an internal review cleared Akinwumi Adesina.
Whistle-blowers were claimed to have accused the Nigerian of giving contracts to friends and loans to his African family. Mr Adesina is set to be re-elected for another five-year term in August. Besides the core 54 African countries, the United States is one of the 27 non-regional members of the AfDB and its second largest shareholder.
In conclusion, this period of history is evidencing a dramatic change in world political thought and the balance of power, associated with the ideological notion of world governance in the sense of new collective efforts to identify, understand, or address worldwide problems.
In achieving this task, one fact is certain, there is a move for a new destination for money, a deliberate shift of the world economic resources.
Africa needs to be properly positioned for it, just like Victor Agunbiade and Dr Taiwo Afolabi mention earlier in the this article, More Nigerians need to be strategically positioned for the task ahead.
Feature/OPED
Building 234 Solutions: A Response to Everyday Workforce Challenges
By Owoloye Emmanuel
Every business starts with a problem. For us, that problem was hiding in plain sight.
Across organisations, we kept seeing HR professionals, payroll teams, and business leaders spend significant time navigating processes that should be simpler. Employee records sat across multiple systems, payroll processes required manual intervention, and routine workforce tasks often became more complicated than they needed to be.
As businesses grow, workforce operations naturally become more complex. Yet many organisations still rely on disconnected tools and workflows that create unnecessary friction for both employers and employees.
The consequence is more than operational inefficiency. HR teams spend valuable time managing systems instead of supporting people. Business leaders struggle to access timely workforce insights, while employees experience delays in processes that should be seamless.
These weren’t isolated challenges. They were recurring realities across workplaces, regardless of industry or size.
That observation led us to a simple question: what if workforce management could be easier?
What if HR, payroll, and workforce operations could work together within a single, connected experience?
That question became the foundation for 234 Solutions.
We are building 234 Solutions with a clear belief that workplace technology should reduce complexity, not add to it. Our goal is to help organisations spend less time navigating processes and more time focusing on productivity, growth, and people.
As we prepare for launch, our focus remains simple: building practical solutions for real workplace challenges and helping organisations create better experiences for the people who power them every day.
Owoloye Emmanuel is the founder of 234 Solutions
Feature/OPED
The Role of TV in Preserving African Stories and Identity
Scroll through social media today, and you will notice something interesting: everyone is either reacting to a series, quoting a movie line, or debating a character as though they personally know them. Beneath the memes and binge-watch culture, however, lies something deeper. Television remains one of the most powerful tools shaping how Africans see themselves, remember their history, and tell their own stories. In a continent as diverse and expressive as Africa, that matters more than ever.
TV as a Cultural Archive, Not Just Entertainment
Long before streaming algorithms began shaping our viewing habits, television was already preserving African identity. From Nollywood dramas that capture the rhythm of everyday Lagos life to documentaries exploring Maasai traditions and Ghanaian folklore, TV has served as a living archive of the continent’s stories.
It preserves more than entertainment; it preserves language, culture, humour, values, and shared experiences. Unlike fleeting social media content, television allows stories to unfold with depth, exploring the realities of family, tradition, ambition, and modern African life without reducing them to stereotypes. That is the power of TV: preserving not just stories, but perspective.
Why Representation on TV Still Matters
There is a subtle but important truth: if people do not see themselves on screen, they may begin to believe their stories are not worth telling. This is why African TV content is more than entertainment; it is affirmation.
Seeing a character who speaks like you, struggles like you, or celebrates like your community does something powerful. It validates identity and challenges outdated narratives that have historically defined Africa through external lenses.
This is where MultiChoice Group, through platforms such as DStv and GOtv, plays an important role. They do not simply broadcast content; they help distribute cultural memory at scale.
GOtv, DStv, and the Everyday African Viewer
Think about a typical evening in many African homes: the TV is on in the background, someone is laughing at a comedy show, another person is watching a local series, and someone else is catching up on the news. That shared viewing experience remains very real.
Through platforms such as DStv and GOtv, African households are exposed to a blend of local storytelling and global content. More importantly, they have helped amplify African-produced content by bringing Nollywood films, African reality shows, talk shows, and documentaries into mainstream rotation.
It is not just about access. It is about visibility.
A young filmmaker in Lagos today is more likely to believe their story matters because they have seen similar stories broadcast widely. A child in Accra grows up hearing familiar accents and seeing environments that look like their own on screen, not as exceptions, but as the norm.
TV Is Also Shaping Modern African Identity
African identity is not static; it is evolving. Television reflects that evolution in real time.
Today, audiences see:
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Young Africans balancing tradition and modern dating culture
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Stories tackling mental health in African households
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Fashion and music influences spreading through TV series
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Political satire shaping public conversation
Conversations that were once confined to homes are now being explored on screen, giving audiences the language to discuss issues that were previously unspoken.
In many ways, television is doing what oral tradition has always done: passing stories, values, humour, warnings, and history from one generation to the next. The difference is that today’s griots are writers, directors, and broadcasters.
The Future: From Watching to Owning Our Narratives
The next stage of African storytelling is not just about being seen; it is about ownership.
As more African creators produce content and platforms continue to invest in regional storytelling, television becomes more than a mirror. It becomes a tool for shaping how Africa is represented to itself and to the world.
While streaming continues to grow, television, particularly accessible platforms such as GOtv, remains one of the most effective ways to reach everyday audiences across different income levels and regions. After all, storytelling only matters if people can access it.
African stories are not new. They have always existed in families, on streets, in markets, in history books, and through oral traditions. What television has done, and continues to do, is give those stories a stage wide enough for millions to experience them at once.
The next time you watch a local series or documentary on DStv or GOtv, remember that you are not just being entertained. You are participating in the preservation of African identity itself.
Feature/OPED
The Future of AI in Nigerian SMEs: Overcoming Barriers to Implementation
By Kehinde Ogundare
Ask a tech entrepreneur in San Francisco what AI means for their business, and they are likely to talk about competitive advantage, product differentiation, and scale. Ask a small business owner in Kano or Onitsha the same question, and the conversation shifts entirely.
For many Nigerian SMEs, the priority is keeping the lights on, managing costs, and finding sustainable ways to grow in a challenging economic environment. This difference in perspective explains why the global AI conversation, often shaped by assumptions about stable infrastructure, deep capital, and abundant technical talent, frequently fails to address the realities facing Nigerian SMEs.
This matters because Nigerian SMEs are not a peripheral concern. In 2024 alone, MSMEs contributed 46.32% to Nigeria’s GDP, accounting for 96.9% of businesses and 87.9% of employment. These businesses are the backbone of the Nigerian economy, and if AI is going to mean anything for Nigeria’s development, it has to work for them in the daily conditions they actually operate in.
However, research drawing on empirical data from 144 Nigerian SMEs found that inadequate infrastructure, low digital literacy, skills shortages, and regulatory gaps are collectively preventing them from meaningfully engaging with AI. Awareness of AI is high and growing. What is missing is a clear and honest conversation about what adoption actually requires in this specific context. The barriers are real, but none of them are insurmountable. The question is whether the tools, pricing models, and support structures being offered to Nigerian SMEs are designed with those barriers in mind, or whether they have been built for another market entirely.
Subscription models making AI affordable for small businesses
When most small business owners hear “AI,” they imagine expensive software, specialist consultants, and a hefty upfront bill.
That assumption is not entirely wrong, but it describes a particular way of buying technology, not AI itself. The shift that makes AI genuinely accessible at the SME level is the move away from large, one-time capital purchases towards tools that charge a predictable monthly subscription. Businesses can pay for what they use, scale back when necessary, and avoid the debt that a major technology investment can create.
The deeper opportunity here is consolidation. Many SMEs are already spending money across multiple disconnected tools—one for invoicing, another for customer records, another for stock tracking—none of which talk to each other. An integrated platform that handles several of these functions together, with AI built in, can actually cost less than the sum of those separate subscriptions while giving business owners a clearer picture of their operations.
With margins already under pressure, any technology a business adopts needs to visibly show an increase in productivity or bottom line. Subscription-based, integrated platforms, priced transparently and honestly, are the model that best fits this reality.
Infrastructure challenges demand a mobile-first approach
No conversation about technology in Nigeria is complete without confronting the infrastructure problem, and AI is no exception. Nigeria continues to face major infrastructure barriers, including limited broadband access, unreliable power supply, and high data costs, all of which constrain deeper AI adoption. These are structural features of the operating environment that any sensible technology strategy must account for today.
The electricity situation alone is significant. The World Bank estimates that the lack of stable electricity costs Nigeria’s economy approximately $26.2 billion annually, equivalent to about 2% of GDP, forcing many businesses to run on expensive diesel generators. That cost ripples outward.
In practical terms, AI tools built for Nigeria cannot assume a stable broadband connection or a computer that is always powered on. The tools that will actually get used are the ones that work on a smartphone, consume minimal data, and can function offline when connectivity drops, syncing back up when it returns. The mobile phone is already how many Nigerian SME owners run their businesses. AI that meets them there, rather than demanding infrastructure they do not have, is AI that has a genuine future in this market.
The direction is clear: build capability from within, using tools that make that possible. Recent AI performance research reveals that 64% of African workers are already actively using AI at work, signalling massive grassroots readiness and driving forward-thinking organisations across Nigeria, Kenya, and South Africa to aggressively prioritise internal upskilling frameworks to bridge the talent gap.
As the policy groundwork is being laid, the commercial ecosystem is beginning to respond. What remains is a clear-eyed acceptance that AI tools built for this market need to look different from those built for markets with different realities. Low cost, low bandwidth, and usability for non-technical people are not modest ambitions; they are the actual requirements. Build for those realities, and AI has a real future in Nigeria’s SME economy.
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