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THE EXCHANGE, PRINCIPLES OF LIFE AS WE KNOW IT ON PLANET EARTH.


A man and a lady are purportedly in love. The lady visits the man, cooks for him and spends the weekend with his family. After a month or two, where both persons have not seen themselves, the man did not make the effort and sacrifice to call her or go himself to her house. The lady feels cheated and betrayed.

A housewife goes to the market. She haggles with a shoe seller for some sandals. After some minutes, she pays the seller the agreed amount. He wraps the sandal on a nylon bag and puts the nylon into her basket. When she gets home, she discovers that the seller placed the wrong sandal into her basket. She is angry and feels defrauded.

A farmer works hard on his farm. He tills, waters and finally, when the planting season arrives he plants some okra seeds on his farm. Half-way to the harvesting season, he goes to the farm and finds out that the seeds are sprouting with much offshoots. He has begun counting this season's profits. When harvesting time comes, the okra plant did not produce any fruit. All his hopes are dashed to the four winds.

The three scenarios above illustrate dashed hopes and aspirations: something hoped for did not materialize, the material benefit was forthcoming but on the way was cut short or even when the material benefits arrive, it was not what one expected.

They are examples of what I have come to call the exchange principle.

I have come to appreciate the exchange as a basic principle of life; an action begetting a reaction. But the scenarios above are exchanges that turned criminal or which exchange was not completed.

Everywhere around you, you see an exchange going on. A secret to enjoying and living life to the full is to understand life's principles, not only what you were taught or have read, but what you discover yourself. One of mine is the exchange principle. It is like the “no free lunch” dirge. For everything you get in this life, wittingly or unwittingly, you have to give something back. I have never found one case where this has failed except:

Whenever there is an agreement or contract between persons, which implies an exchange, when the exchange is not completed, something criminal has taken place. Either one of the parties of the exchange stole the thing gotten, i.e was really a criminal, or one of the parties is a powerful figure such that he can subdue other parties and take something from them without giving anything back.

I have never found a case where the exchange principle has failed without a crime being committed.

If you continually take things from people without giving something back, whether agreed upon or not, then you are unknowingly committing a crime.

The issue is this: Could you really be accused of committing a crime? At what point are you guilty, or be declared innocent, even when the exchange principle is not completed?

It would take me time and lots of years of observation to answer the above questions, but one day, that issue will be solved.


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LEARNING A NEW PROGRAMMING LANGUAGE; DOES IT HAVE THE SAME ONE-TO-ONE MAPPING AS LEARNING A FOREIGN LANGUAGE?


I was reading a blog article recently, (forgotten the link), and a Manager remarked that soon most employees would have to learn reading code without even knowing how to program. It isn't a prophetic remark; I have seen that coming. I remember, years ago in secondary school, when we were taught Business courses, even if we intended taking science courses.

I was walking to the market when I overheard some conversation, in French, between two immigrants who came to work in Lagos. While English is the official language in Nigeria , where they were coming from, most probably Benin Republic or Togo, French is the official language.

Before the coming of our colonial masters, English or French were languages no one had ever heard of. Today, more than 80% of every African living in any country can speak these languages and some can write very well in it.

Professor Wole Soyinka, Nobel Laureate.

At the 60's, just when Nigeria became Independent, how many persons can boast of being able to speak The Queen's English? Mastering how to write in it was another Tale of two Cities . Today, after about three generations, Nigerians have won prizes for writing the English Language, even the highest of them all, the Noble Prize in Literature won by Wole Soyinka .

How does it work? Granted, education is at work, and so is acculturation, experience and I believe inheritance.

Would it work the same way with Programming languages?

I really didn't know if it would work the same way with programming languages. There is no one-to-one mapping between both fields, but they both serve as media for communication and soonest, I believe, there should be at least a smart phone that has as much power as a computer, if not a PC, in most homes in Nigeria. Would this have a pulling effect in making us learn programming languages as a medium of communication?

I know that it would involve much education, acculturation, experience and also, inheritance; but the basic problem is, do we take programming languages to be as important as foreign languages that they have to be learned?

I doubt so. Then, do we have to continue importing (or maybe downloading) most of the software we use, software which might not be fitted for our culture and educational needs?

Only time will tell.


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WHY I SPENT THREE THOUSAND NAIRA DOWNLOADING A LINUX OS AND NEVER REGRETTED IT


Three months after I installed a Windows 7 operating system (OS), bought from Ikeja, (the only place to buy an Operating System when you live in Lagos), I got a nasty message on my desktop: “This copy of Windows is not genuine.” Thanks to Microsoft Corporation, I was using its operating system to do so much work like surf the Net, log onto Facebook and check my email, so I owe them a duty to use a genuine Windows. But like most of you, I didn't have the money to procure a genuine Windows, and even if I had the money, I have never seen anyone who used a genuine Windows.

I didn't want to commit another crime of uninstalling and installing the OS all over again, so I allowed the message to hunt me for several days. One day, I decided to switch to Linux.

I have not been disappointed with the switch to Linux ever since. It made my conscience easier and my load lighter that, even if by using a dual-OS laptop I could claim I do not deserve a guilty conscience before Microsoft Corp., I also deserve an OS that I can understand.

Now I know why getting a Linux distro is so much difficult at Ikeja. I spent sixty hours (60 hours) downloading the 3.6Gb Fedora 17 distribution and about three thousand naira (N3, 000) for that OS. I think the money and time was worth it.

I have felt freer and even when sometimes I use the Windows 7 system to surf the Net, I do not get that nasty feeling down my nerves whenever I see that message again: “This copy of Windows is not genuine.” This time, I wonder if I was guilty as charged, or even innocent and wrongly charged.

We have much to be thankful to the open source community.


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BEEN PLAYING AROUND WITH LINUX. ENJOY MY FIRST BASH SCRIPT


I have been playing around with Linux, partly the reason why I have not posted on this blog for a long time. While playing with this script, my first bash script, I fell in love with it and decided to share it with you.

I am calling the script bells, because at the end of the script the system alerts you or calls for your attention. See the download links below.

For those who are not familiar with Linux, too bad!. Well, one day I will port it to Windows. One day!

What the script does is that when you initially call it, it asks you for the number of minutes you intend spending on your system.

I wrote it to keep a track of my computer time usage. I am sure most of you do read my other blog, the engagementink blog; the cartoon there of a similar thought-process must have been the trigger for this script. So, when you input the time in minutes, (fractions, negatives or alphabets are not allowed, only whole numbers), the system then starts a counter that begins counting the minutes until when it elapses, ringing bells to alert you.

On elapse, it then asks you if you want to exit the script or to continue running it. You'd usually continue if you intend spending more time on your system, but if not, the script exits and possibly, you have to shutdown your system and go on to do something else.

Now, what if you need to spend more time? Then, the script would ask if you want the counter to run for the same number of minutes as before, if you want to change the time duration, because you think rather than spend like thirty (30) minutes, you want just ten (10) minutes more to finish off a word processing file, it gives you the opportunity to change the duration for another run of the script.

At the end of it all, you might chose to exit, as I usually want to do after every hour.

Well, that is my first script written on a Linux system.

By the way, the script also listens for events or traps, such as when there is a call for all programs to terminate or when you decide that you do not want to wait for the initial number of minutes to expire; call of nature pending.
trap exitProg SIGINT ;
trap exitProg SIGTERM ;
trap exitProg SIGSTOP ;
If you use Linux, enjoy my first bash script.

I intend writing more; and telling you about them.

Nice weekend.

Download links:

Download bells.sh

Download update: bells-0.2.sh.

Just me solving problems and wondering why I was meant to be the poorest Lagosian on earth. :)


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HARMONIZING FEEDBURNER ACCOUNTS FOR MY BLOGS


I am harmonizing the feedburner account for my two blogs, Engagement Ink , and this one to a single account.

To those who are subscribed to this feed, please note that this is the new feed url; you should change it accordingly in your feed reader. Otherwise you have to resubscribe again to this feed so that your reader will change the feed url automatically. Again, this is the new feed url. Thanks. Happy blogging; happy reading.


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EVEN IF THE FORBIDDEN FRUIT IS TEMPTING, THE STICK LOOKS MORE STIFF THAN TEMPTING


Have you heard – that the Federal Government and the Lagos State Government are all out to clean up our roads? I was reading a piece concerning the Oshodi-Apapa Expressway and thought, waoh, this is a master stroke.

It is highly tempting we agree for our truck drivers to park on these roads because they have easy access to the ports and other destinations. The cost though of these actions can tell insidiously on businesses. So both arms of government decided recently to start tidying up the roads in Lagos.

The first act they have done is to give the truckers ultimatum to vacate those roads. These will not stop roadblocks at all but at least will go a long way in limiting the causes of go-slows, as we call it here in Lagos, and road congestion. The casual reader would ask – how long will that vacating last? Not for long. They will be back. It happens all the time. So, in her wisdom, the Federal Government decided to deal these truckers a master stroke.

SIGN AN UNDERTAKING OF GOOD BEHAVIOR

Ask them to sign an undertaking that the act will not be repeated.

Although one doubts the constitutionality of such an undertaking, but it is still legal if both parties agree to it. What it does is place a charge on committing the act of parking on those roads ‘in the future’, like a sword of Damocles. Even if the truckers think they can resume the status quo when the government turns the other eye, the threat of a charge from an undertaking is too strong to disregard. It gives the government the right to carry out punitive measures against them arbitrarily – because they have agreed to it.

Because this charge is placed ‘in the future’, the truckers for the meantime will act as if they impute these charge into the cost of their business and since every business wants to make profit, they’d rather obey the law than break it. In a country where breaking the law is the norm, it is not the norm that you can be asked to pay for breaking the law unconstitutionally.

That is the risk of an undertaking. It gives the government the right to even carry out vendetta actions on these truckers who are usually carrying goods for oil companies.

That is why I call it a master stroke.


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THIS MIGHT BE THE REAL IITA WARNING


I believe you must have read the IITA warning to Nigeria concerning the exportation of cassava. It was reported, virtually verbatim, online by many newspapers covering business news on Nigeria. In that report, the IITA station manager, Mr. Olusegun Adunoye reiterated that rather than exporting cassava, Nigeria should invest in refining it internally for production of derivatives like bread, confectioneries and pastries.

His foreboding brings up questions such as: “If Nigeria is more efficient and effective in producing cassava, why should she not be exporting it even if she builds industries for refining derivatives from cassava?” His warning makes one believe that there should be a real fear lurking behind the warning.

THE BASIS FOR ADUNOYE’S ARGUMENTS

Refining cassava internally for revenue generation and creating employment for the millions of unemployment youths is laudable. Everyone should be all out for it. Exporting and refining abroad, then importing these cassava derivatives, true, will make us pay more than we will earn because the process of refining adds value to cassava as a raw material for the production process which makes the value of equivalent imports higher than the value of exporting these cassava. No one likes spending more than he earns.

But I do not think that Adunoye realizes that we are already an import dependent country. So whether we export our cassava or not, it will never change the fact that Nigerians will still be importing refined cassava derivatives. Our exporting cassava does not depend in any way on the importation of cassava derivatives. So spending on cassava and its derivatives will always be a fact of life. Why should we not be exporting so as to earn money that can mop up the country’s reserves or prevent us from running into debt?

His warning raises lots of questions on the reader’s mind. I believe there is an underlying untold story to that warning.

THE UNTOLD STORY OR THE REAL WARNING

One of the untold stories is what some writers call the farming problem. Due to the nature of market demand for agricultural products, increasing output of these at a rapid rate might end up reducing the total revenue for the industry or farmers as a whole. This is a fact of the industry and there is nothing anyone can do about it. If our cassava is sought for abroad, we have no option but to increase output and wish these problem does not befall our farmers. On the other hand, I have come to realize that when people kick against a process that should be natural, then they are acting out of experience based on what might have happened in the past or from fear of a past event.

We have lots of experience from the past that should make IITA or Adunoye afraid of opening up the cassava industry to the prying eyes of experts from abroad (e.g biotechnology). One of them is the Oil industry. Because the country was afraid foreigners would take over Nigerian Oil, government embarked on a lame indigenization program. Yet, the major players in the industry are still multinationals and our indigenous companies are still struggling along. We can also draw an example from the fate of southern African countries. In a bid to inexorably expand output, they opened up their land to foreign investment and ended up losing it.

I think that should be the fear that might be lurking at the back of Adunoye’s head. Exporting our cassava would mean increasing output in that sector and if the demand is very high, we might have to depend on science and technology for improved and mechanized farming methods, including investment from abroad. Nigerians are not adept in biotechnology but western companies or multinationals are. Opening up the cassava industry to them might result in our going the way of the oil industry or of Southern African countries who are forced to go on GM (genetically modified) foods and food aids.

That might be the real fear behind Adunoye’s warning.


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NAFDAC MIGHT HAVE EARNED ROUND ONE BUT THE FIGHT MIGHT NOT EVEN END.


The consistent and dogged bad press through the public awareness efforts of the National Agency for Food Drug Administration and Control (NAFDAC) is paying off. Drug counterfeiters have risen their hands in defeat and moved to the rural areas. Fine and good, but unfortunately, this is just round one. Remember that the dynamics of the urban and rural areas are of two opposite divides.

HARD WON FIGHT

What would one expect with the likes of Dr. Akunyili standing behind NAFDAC for many years before she left? NAFDAC’s consistent campaign has clothed drug counterfeiting and buying of fake drugs with such bad press that people have started opting for legal, over-the-counter drugs and this movement to rural areas is not only because the people are acting positively to NAFDAC’s efforts, these campaigns have also made the cost of selling fake drugs higher than recognized drugs. NAFDAC has achieved a laudable success over the years. Yet, one should realize that by moving to the rural areas, these drug counterfeiters can still come back to the cities because at the cities you can find people who are more receptive to NAFDAC’s message than at the rural areas because they are more enlightened, educated and have access to better health facilities and information.

These factors could weaken NAFDAC’s fight as she shifts the fight to the rural areas.

SUPERSTITION AND FEAR VS EDUCATION AND ENLIGHTENMENT

images like this are the stuff rural areas feed upon. Credit: Wikimedia Commons

Two factors might work against NAFDAC if she thinks she can fight with the same way as she has won at the rural areas.

One of them is that the rural areas are less educated than the urban areas and they still are the custodians of our traditions and customs which traditions and customs will always be against western education and enlightenment. NAFDAC will be spreading its message to a whole new set of ears who do not understand cityspeak.

Another mitigating factor is that whereas there is a standard to how one can broadcast and deliver messages to educated people as a body, there is no known documented and workable way in which NAFDAC can deliver its messages to the rural areas as one body. Each village or clan have accepted customs and traditions that one should say unfortunately is laden with superstitions that were created by the support and encouragement of herbal doctors. These are to the benefit of fake drug sellers who promise all sorts of cure for even a simple drug as paracetamol. The dynamics of the rural areas makes her work harder.

Only time will tell how the fight will end, but surely, if they are not defeated, these drug counterfeiters will bid their time to return to the cities when NAFDAC loses steam or loses sense of direction. On these latter, I can place my bets.
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NOTABLE EXPOSITIONS AND FAIRS IN JUNE


These three expositions and fairs are important for small businesses. If you are interested in attending all or any, mark them on your calendar.

Turkish Products Exhibition in Nigeria.

The first Turkish products exhibition and fair, in collaboration with the Istanbul Chamber of Commerce, will be taking place in June between the 12th and 14th. The venue will be the Eko Hotel Exhibition Center, Victoria Island, Lagos.

The entrance is free and open to all members of the public.

For enquiries, contact Lekan Ayotebi, or Akin Adesodin on 08023010894, 08023183880. Or email: billoptionslimited@yahoo.com.

Cards, ATM and Mobile Exposition.

Although the first of its kind as Nigerians await the complete and full implementation of the planned cashless economy, this is the 12th International Exhibition of the Cards, ATM and Mobile Exposition, and it will be holding between 12th to 14th of June, 2012. Expect to see new products and offerings that are geared towards the cashless economy at the exhibition ground. The venue is the Civic Center, Ozumba Mbadiwe Street, Victoria Island, Lagos.

Entrance is free to all members of the public. There will be free buses to attendees from specific points in Lagos. Check the website below for bus locations.

Website: www.cardexpoafrica.com. Facebook page: www.facebook.com/cardexpoafrica

Contact: ann@intermarc_ng.com, 08023243412.

International Furniture, Home Textile, Home supplies and Houseware Fair.

For small businesses who import or deal in these products, pay a visit to this fair which will be holding between the 27th and 30th of June, 2012 at the Federal Palace Hotel, Ahmadu Bello Way, Victoria Island, Lagos.

Entrance is free to all members of the public.

Contact: 01 – 8160198.


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IS NGOZI OKONJO-IWEALA BECOMING CANONICAL?


While reading some news articles I have noticed that some writers have taken to replacing the names of the Minister of Finance, Ngozi OKonjo-Iweala, with the abbreviations, NOI. The uniqueness of this practice is that it is not usually done for every public figure, but for those who have created a niche or mark for themselves in ways the media is unable to unravel?

SOME EXAMPLES

I believe you all know what the abbreviations IBB and OBJ stands for in this country? Those two are also canonical. The same as Zik, Pa Awo etc. Read my lips, I am not saying NOI has risen to the stature or maturity, but the future is often written with little snippets of a careless ink here or there, or maybe not some careless ink, but some telling psychological nuances and bends in writings.

RECORDS ANY?

Although she lost the fight for the top seat of the World Bank to Jim Yong Kim, she lost honorably. If you are used to reading the stats, you should realize that Nigeria has been making some gains in the economic front, especially when it comes to an area that our importers are very sensitive to, the exchange rate, although the unemployment rate is very disappointing.

I wonder if that abbreviation will continue for a long time? If it does, then she will have become canonical, or an establishment in the likes of IBB, OBJ, Dangote etc. Only history can tell.


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SOMETIMES ONE BELIEVES OUR PUBLIC OFFICIALS SHOULD BE TAKING COURSES IN PUBLIC SPEAKING AND COMMUNICATION


Sometimes, when you read the speeches of our public officials, you wish they should be taking courses or lectures in public speaking and communication. While reading some articles on the online edition of The Daily Times of Nigeria, I thought the words of Folorunso Oginni, the Chairman of The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), does not augur well for millions of Nigerians who desire to portray a positive image of the country.

Words coated with much innuendos.

A snippet: “Nigeria has not recorded much investment in the oil sector because there is no law governing operations of the country’s petroleum industry.” In other words, what he means is that, if there is a law governing operations of the country’s petroleum industry, then Nigeria will record much investment in the oil sector.

Some of the consequences of those words are that: The operations of the country’s petroleum industry are carried out within an illegal framework. An illegal framework signifies lawlessness and with lawlessness, the Government would be raising dust because power has been taken from her.

What he must have meant.

No one likes to be a foreteller but I believe I understand what he wanted to say. What Folorunso Oginni must have meant is that the laws in force in the Oil industry possess so many loopholes that it encourages illegality which would scare foreign investors. Therefore, what he needs or wants are reforms of those laws.

Do failing oil companies cause crime?

The second snippet: “Most of the oil servicing companies we have here are not working and because they are not working, they have laid off their staff and this has increased the crime rate in the country.” Even though the casual reader would be interested in issues such as this, why are those companies not working? Is it because they cannot compete or they cannot break even? Also, do they need subsidies from the Government to survive or do we allow them to die? What are the consequences? Let’s stick to what I didn’t like about those statements.

Folorunso is insinuating here, and distastefully, that when workers are laid off from work, the only option left is to take to crime. I am unemployed for several years, but criminality has never been considered as an option for a source of revenue. Has it been for you? It tends to breach the limits of taste and careful speech.

What he does not realize.

Folorunso Oginni should realize, as I must believe he does, that although the unemployment rate in the country is very high (about 23%) but there are so many law abiding Nigerians walking the streets. That even if indigenous companies in the country cannot compete in the industry, the system has a way of absorbing these staff that have been laid off into other industries. Point of correction!


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CREATIVE IDEAS FOR FACEBOOK COVERPAGES


Since the introduction of the new Facebook timeline, I have seen a proliferation of cover pages. I looked at my profile page and decided I needed a cover page myself. That set the muse flowing. So I decided to, from time to time, build cover pages for whomever so wishes to have one, from me, for a little fee. Just one thousand, five hundred naira (N1,500.00). The price is negotiable though, as is every item in a Nigerian market.

Go through the list below. I added just six. But you can see an extensive list at one of the albums on my profile named cover page samples. I will keep adding to the gallery from time to time, so if you are interested in having a cover page from me, you can download one, try it on your timeline and if you like it, just message me on Facebook or email: nnaemeka.david@gmail.com, or phone: +234-081-56366920 (mobile communication is preferable though) and just give me your specifications and I’ll arrange one for you.

Go through the six below, or visit the gallery on Facebook.

Odimegwu David: I built this for myself, splattering ink all over the canvas. Must have been influenced by the idea I had while building it, engagement ink, another business that is still being nurtured.

Rosemary crèche: Was influenced by the picture of the little child on my desktop and also the fact that there are so many crèches and daycare center in my neighborhood in satellite town. I thought one or two might be interested in something for advertising their business.

Satellite Herald: The canvas is colored red and with power lines because I believe newspapers possess a hidden power to influence the masses. You can see how the red resonates through the cover page with another sea of red towards the bottom where there are pictures of public figures.

Turaya 1: The typical cover page for a profile. Similar to mine above, only that this was meant for a man with a family.

Turaya 2: Same idea as Turaya 1 only that I decided to change the outline of the text and then color of the canvas. Little changes in color here and there and in placement of images are 360 degrees significant.

Green Lawn Restaurant: Restaurants and eateries are one of the faces of Lagos streets, so how can I start with cover pages for both profiles and pages and not think of a restaurant? The regular meals on the menu are above the semi-circle. I thought the lawn was better at the bottom, where the logo will be when the cover page is uploaded on Facebook.

You can see an extensive list at one of the albums on my profile named Facebook cover page samples. I will keep adding to the gallery from time to time, so if you are interested in having a cover page from me, you can download one, try it on your timeline and if you like it, just message me on Facebook or email: nnaemeka.david@gmail.com, or phone: +234-081-56366920 (mobile communication is preferable though) and just give me your specifications and I’ll arrange one for you.


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THERE ARE STILL HUNDREDS OF THOUSANDS OF ADMISSIONS INTO TERTIARY INSTITUTIONS THAT WILL NOT BE COUNTED


Children who will be asking for tertiary education tomorrow. Their journey just started. Credit: Ben Fash/Commons.wikimedia.org



Last month, as UTME was being written by more than one million Nigerian youths, a news article reported that the tertiary institutions in the country can only admit about five hundred thousand (500,000) of the more than one million five hundred thousand (1,500,000) that were registered for the exams. These does not mean that the remaining one million are still left without any hope of getting a tertiary education.

Where demand overshoots supply, provided the price is right, the educational system will always find a way to make it up.

Clearly, our youths make every sacrifice to be admitted into our Universities. Irrespective of family background or economic status, millions of youths seek tertiary education at any cost. That is why it is with missed feelings one reads the news that millions of youths who will not make it into tertiary institutions through the Unified Tertiary Institutions and Polytechnics Matriculation Examination (UTME) will be denied such a privilege.

Because the demand is so high, tertiary institutions have devised several ways of accepting the teeming number of students who lurk at their gates. Direct entry programs, distance learning and outreach programs are quite some brilliant innovative ways. Although the cost of acquiring a university education might increase, the concomitant effect of admitting a large number of students along with the cost effective use of technology like the Nigerian Open University of Nigeria, part-time tertiary education and satellite campuses have an opposite effect of mopping up the expected increase in the cost of acquiring such an education.

The proliferation of private universities, some obscure at best, some offering quality education, but all responding to the demands of the educational marketplace for increased access to university education, even something remotely resembling one, reinforce the mopping up operation for those students who the primary UTME examination will not admit.

Motivated students and well-adjusted adults also take advantage of the numerous opportunities to learn while working, without ever seeing the four walls of a university. On my Facebook wall is a well- loved satellite channel that teaches interesting courses that could be comparable to GCE A-levels. MIT opencourseware although rigorous at best, is a very good alternative when UTME seems farfetched.

The effect of all these alternatives is to increase the number of students who are able to have the privilege of a quality university education while keeping the costs equal or nearly so, to what is obtained at our Federal Universities and Polytechnics.

So even if our universities, polytechnics and monotechnics can only admit about five hundred thousand (500,000) of the more than one million five hundred thousand students who sat for UTME this year, that does not mean about a million youths will be sitting in front of their television screens awaiting 2013. The education market knows how to absorb and make them part of the fold of educated learned members of the society, provided they are well motivated.


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WOULD YOU PROVIDE POTABLE WATER IF YOU DO NOT BELIEVE YOU CAN BREAK EVEN?


Thank God for a glass of cold water! Credit: Walter J. Pilsak/Commons.wikimedia.org

Residents of suburban Abuja moan for potable water from the Government. Since a major part of the population of Abuja (80%) live in satellite towns and its suburbs, one wonders when Government will find the will to respond to this plea. Unlike other services, few private firms will be willing to play the role of Government.

Potable water is a service that is very expensive to establish and after setting it up, even if you make sales or not, you still have to maintain it – like buy fuel for generators, ensure the pipes do not burst etc. Since private firms have refused to enter the business, then one can conclude that the price they could charge for providing potable water to the residents of suburban Abuja might never make them break even.

It is imperative then that Government comes to the rescue. For one, when a private firm endeavors to take the risk of investing in a service like potable water, it faces competition from meruwa (water vendors) who trek from street to street, and private boreholes. Would that firm be able to price its water at above cost, where the meruwa(s) sale for competitive rates? Furthermore, if the private boreholes make jealous profits, then boreholes would be springing up aplenty for a share of the profits.

The private boreholes that exist were established to serve the water needs of the households that set them up, and whatever revenue is made from selling to the community is not tempting.

At satellite town, along Badagry-Expressway where I live, we have the same problem. Water is delivered to houses by Lorries with tanks full of water. The private boreholes that have been established do not exist to break even.

To further compound the problem of building a network of pipes to serve the community, is the fear that some miscreant could burst these pipes in order to draw water from them for nothing, further compounding its cost situation.

These are why the Government should step in. When private firms find it difficult to provide potable water, or power, or clean up pollution, for reasons that are beyond their abilities, we pay taxes for the Government to do this.

But does the Government have the will and the ability?

If Bala Mohammed, the FCT Minister, is interested in keeping true to his promise, then would the meruwa(s) not be determined to take the ability from him, calling on age-old traditional ties and lobbies? It would be a pity that so many of them would have to lose a means of livelihood if he keeps true to his words. By the way, the satellite towns and suburbs surrounding Abuja do not count for much in his estimation. So why should he bother? This problem will not stop at anything but being epileptic but prolonged.

For all one can say, the residents of suburban Abuja would have to do with meruwas and private boreholes for a long while.



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IF I HAD KNOWN, I WOULD HAVE LEFT HIM AND THE DEVIL WITH THE TEN NAIRA.


A restaurant attendant, Bright Effiong, for killing his customer, Chibuike Onyekachi, over an argument of a difference of ten naira (N10) in his bill, will have to face a one-count charge of murder. The restaurant where he is employed will probably be under lock and key while he awaits May 5, the day of his trial.

Misplaced priorities, when confused for poverty and ignorance, can be costly. Bright Effiong has learnt this the hard way.

What could make two young men fight over a difference of ten naira (N10)? If none of them could be indifferent to the difference, then nothing but biting poverty. But poverty or ignorance is no justification for one man to take the life of another.

As he sits in prison for the murder of Chibuike Onyekachi, Effiong will be moaning his loss of liberty and possibly life for going so far as to take another life. But unfortunately for him, he had all the opportunity in the world to have prevented this sorry state of affairs.

Like Judas, regrets cannot bring back the clock.
Credit: Almeida Junior on Wikimedia Commons

First of all, there is no justification for violence, especially murderous violence. Violence is very costly to everyone concerned. No nation in history has ever gone to war without making use of every window of opportunity for peaceful resolution.

The window was open for Effiong but he did not use it.

He could have decided that if the difference of ten naira was so capital to the running of his restaurant, he would have allowed the devil be and split it between him and Onyekachi. Where both men were staunch in their belief that they were right, then the probability was that 50-50, one was right and the other was wrong and they could have agreed to share the loss for a settlement of five naira (N5) each.

On the other hand, if that sharing formula was calling for too much, then Effiong should have considered the time and public relations cost, vis-à-vis other restaurants at Ijeshatedo where this took place, of engaging in a lengthy quarrel with Onyekachi when other customers were watching, and eventually to a fight. The highest reward he would have gained from this monumental loss was only ten naira (N10). As people say, ignorance is a disease, and crass ignorance should be a deeply entrenched syndrome.

All I can say is that, since the window of peace was wide open for him, then where he chose the “pieces” option, then he will have to sit down in the dark pits of the prison and await his fate come May 5.

Never forget the essentials. No matter the amount involved, always remember that peace is an option which opportunity cost is very low when you count the loss in time, people, trust, faith, loyalty, money etc. So, make for peace and pursue it.


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THE USE OF UNAUTHORISED FREQUENCIES BY THE BANKS AT BENIN WILL CONTINUE UNLESS NCC KNOWS HOW TO MEASURE THE BENEFITS.


It was reported by Daily Times that the Benin branch of Ecobank was penalized for unauthorized use of frequencies of megahertz (Mhz) band but the Nigerian Communication Commission (NCC) noticed that Ecobank is not the only bank engaging in this illegal practice. Every other bank does it.

Even bad good business is costly for everyone.

Everyone suffers when nobody wants to do the right thing. That is why the cost of using cyberspace would increase by this activity. The banks know this as much as you and I. Because the benefits of this practice far outweighs any cost, which the simple eye cannot even see by the way, then no one would complain.

It has been argued several times that we all need the services of the Government. When you realize that its activities serve to sanitize the markets and enables competition and entrepreneurship to flourish, that is when you will be willing to cooperate with Government policies.

Although sometimes Government does the wrong things; like every mortal does. Government is run by mortals like you and I.

As for private firms, they are in the business of maximizing profits. Social costs and benefits or morality are their tools when it would help them make more money. So isEcobank, and every other bank. If she is penalized by the NCC for unauthorized use of frequencies in cyberspace, she would not count the social costs she has imposed on others which called for this penalty but, what would she lose if she stops doing this?

If what Ecobank stands to gain is above the penalty, then I bet you, she will continue to invade cyberspace at Benin branch unauthorized.

How much penalty is enough for this case?

That is why NCC knows she has to calculate how much penalty is enough to stop this practice. If she can, it would a loss to engage in it.cbn revokes 47 licenses.That is the problem of every regulator, not only that of NCC. They do not have enough information to act to make defaulters face the true costs of their actions. Even if it is in the best interest of everyone for NCC to know this, nobody is prepared to risk its company secrets to allow some regulator go through its books without being watched.

So where the penalty can never be enough, all the banks will continue this practice. NCC should be content with public warnings and occasional penalties and fines.

The end result of all this, where it pays to be bad, is that we suffer for things we would have avoided, like Ecobank’s neighbor finding that sometimes her frequencies are jammed or clogged. It might lose him money, trust, or customer loyalty, but since no one can calculate how much, it is up to anyone’s guess.


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COULD WINNERS CHAPEL BE USING MONEY TO DRAG MORE MEMBERS TO HIS CHURCH THROUGH ITS HEBRON SACHET WATER? JUDGE FOR YOURSELF.


power can even be more powerful than the pull of electromagnetic waves that drive electricity.” Credit: Tony Boon/tonyboon.co.uk

I have no qualms against religious bodies producing commercially, but when the product is labeled as “holy”, like Hebron sachet water produced by the founder of Winners Chapel, David Oyedepo, and the price is fifty percent (50%) cheaper than the usual, then this is a predator in the market!

Hebron sachet water was born to be a monopolist.

Hebron sachet water could eventually be a natural monopoly in the market for sachet waters at Ota and like everybody would eventually learn, you better beware of entering its territory.

For one, the residents of Ota say that the water is “holy.” On the other hand, Oyedepo has decided to sell it at fifty percent of the actual price in the market. The demand for his product is so high that it even interferes with church services.

If you ask me, I’ll tell you that if Oyedepo is allowed to continue this way, he is sooner than latter going to drive so many of his competitors out of the market. When he gains monopoly power, (oh, how sweet power is!), we could see a trend where resellers of the sachet water would come from only amongst people who attend his church. By selling it at N120, the market price, they get to make a profit of N60 on each bag of sachet water which profit no other sachet water can provide. So, only his devotees will eventually control the market.

Hebron sachet water could see a line of Hebron bottle water, Hebron spring water and so on and so forth in the near future. That is the benefit monopoly confers.

But what if his monopoly power is only a tool to further increase his religious powers?

Business must be good for his company. And also for his members who have given him a cost advantage over his rivals. Altruism and the volunteering spirit would make sure the cost of input for his business is lower than the average. This indeed is a good thing, especially if they get to share from the profits.

The downside is that this could be a strategy, well known in poverty ridden Africa, of enriching his church members as a bait used to attract other people who are not members of his church. This would be a dangerous thing. But what if everyone does it and would surely want to do it?

Power corrupts and so does religion.

After gaining monopoly power and driving his competitors out of the market, what if Oyedepo decides to increase the price of Hebron sachet water to reflect the true market price? Because he has all of Ota at his fingertips when it comes to sachet water, he could see his revenue and profits double, triple and quadruple overnight. He has the power to decide who will be in the business or not, especially when he must have started with the faithful of his church. Religion and power are dangerous things, you must agree with me, and when both resides in the palms of a single mortal, then one only wonders when corruption will start creeping in.

Notwithstanding, everyone likes a cheap product and he has it going for him.




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AN INSURANCE WORTH N5.5m? YOU BET THERE ARE LOTS OF TROUBLED MINDS FOR THIS BUSINESS TO FLOURISH.


Two conmen, one a herbalist, DanlamiMakarfi, were sentenced to prison on three count charges based on criminality for duping another man, Adamu Mohammed, of N5.5m in cash and properties. The intent of the conmen was to pray for Adamu so as to relieve him of his problems.

Those afraid of taking risk will always be ready to pay.

The principle behind Adamu’s action, like that of every other troubled mind, is similar to the raison d’etre of the insurance industry: people who are risk averse are prepared to pay a premium in order to forestall the bad outcome. Adamu Mohammed, for paying a herbalist to pray for him to help relieve him of his problems was not mad or insane, he was just acting as a risk averse person, but the twist to the story was that the two conmen must have overstepped the bounds of what is acceptable into the territory of the fraudulent.

Adamu must have valued the claim of DanlamiMakarfi and his colleague at N5.5m with the belief that his problems will be solved, because amongst other reasons, he must have tried solving those problems himself over so many years and had hit a brick wall. Therefore, he valued his own efforts at N0 and the probability that he would succeed if he keeps trying on his own at 0. One can say that Adamu was not a stupid person to have paid such an amount of money, only that, as we Nigerians say, he was a typical case of “money miss road.”

A life insurance worth N5.5m needs lots of convincing.

I keep wondering why he should value the herbalist’s claim at N5.5m. I believe the Judge must have solved that problem, although the news article did not say, but it is certain that the herbalist and his colleague must have been glib salesmen. They must have sent false signals to the troubled Adamu and manipulated him very well such that the judge had to send them to prison on a three count charge.

Otherwise, why should N5.5m not be able to provide them with a good lawyer who can defend them very well?

Just like insurance, the business of offering prayers or miracles to relieve people of their problems will always exist. People will either be risk averse, and be customers, or be risk loving, and keep bearing and enduring their problems. But for an insurance policy on one’s life to be worth N5.5m; that is worth breaking the gates of heaven.


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WHEN SOME FAT YEARS COME AFTER SO MUCH LEAN YEARS, WOULD YOU SUDDENLY GROW FAT OR STILL STAY LEAN? PART 2


a general example of perfect elasticity. Credit: commons.wikimedia.org



During the day, I tried to look at the network service provider’s side of the brouhaha, wondering why they should want to bless me with so much bonus data?

I BELIEVE THEY WANT TO INFLUENCE THE CHOICES I MAKE

Every company wants you to choose its product when faced with myriad others. So does my network service provider. Because the income we all earn is not likely to be increased soonest, any profit making company wants you to believe that if it increases its price, it wouldn’t make even a little hole in your pocket.

But it would for this particular product: access to the internet based on a data plan. If they increased the price of the service, even by a naira, I’d go onto Google to search for the prices of competing products. They are aplenty here in Lagos. If so many customers do the same thing, then it would create a big hole in the profit basket of that company.

So they’d rather not think of increasing the price of the service. Rather, by blessing me with a huge data bonus, they want me to increase my spending such that if and when the price increases, (inflation is a given in life just as air for breathing is), I’d never notice. Why? Because I was over-satisfied and no other company can provide such.

Satisfied I was. Would they succeed? I thought they were succeeding. I had to watch it. If I played to their game and increased my spending, then I’d create a dependency on the bonus data that would become parasitic if long running.

I’d rather not fall into dependency when so many other substitutes are around the corner.

WHAT IT MEANS TO BE UNIQUE

I was at Trade Fair this week and someone told me he could surf the internet for free. I snorted. The price of the internet access was enough for my pocket. It was not free but I was content that I would not have to wonder if free came with a proxy or a dubious VPN network.

In a world where mobile Internet was becoming commonplace, quote or unquote me, I thought I would queue up for them, plus the bonus data, mind you, any day and anytime.

And ironically, if you’d ask me I’d have replied: “Yes, if they gave higher bonus data, I’d have preferred it, and could have used it, even if there was the trap of dependency around the corner.”

LIFE IS NOT AS SIMPLE THOUGH

Well, even if they wanted me to believe that if there was a little disturbance in the economy and they had to increase the price a little I wouldn’t mind, two or three months later, I might begin to notice. I’d rather they do not. I thought they would win the game if they increased my bonus data up to a point where if there were economic disturbances, my spending would neither increase nor decrease. Then, life would be simple for me.

But at what point is that? When I was supposed never to be satisfied? Waiting for when I might be asked to answer some survey questions: “Just a minute, please”, the next time I log onto my account?

Back to Part 1.


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WHEN SOME FAT YEARS COME AFTER SO MUCH LEAN YEARS, WOULD YOU SUDDENLY GROW FAT OR STILL STAY LEAN? PART 1


Can you perceive the legs of the praying mantis? Credit:Zoofari/commons.wikimedia.org.



If you were used to the monthly salary you earn, and suddenly your boss gives you more than fifty percent (50%) bonus, what would you do with it? It’s an unexpected bonus! So many of us would embark on a wild spending spree, buy all the luxuries that we were hungry for but could not afford, then save the rest when the urge to spend wildly has been satisfied.

You never know when another bonus will be coming.

IT HAPPENED TO ME.

I faced a similar situation recently. I surf the Internet using a WIMAX USB card. This week, Monday precisely, I was surprised to log onto my account and find that my network service provider* gave me some unexpected bonus. I was beyond joy. I decided to download all the pdf ebooks and open source softwares that were accumulating in my download manager which were being saved for the neighborhood cybercafé. But my data gulping urge had its limits. Up to that limit, I saved the rest of the bonus data for the usual surfing activity: fifteen megabytes (15MB) per hour, while restraining every activity to at least fifty megabytes (50MB) per day.

I believe that I acted like every other human being who wants to save for the rainy day. We all spend from our income based on a pattern that has been established for months, even years. You know Mr. Boss is always reluctant to approve that little raise, no matter how little. So we try to count how much we spend of our monthly salaries, acquire a pattern and then stick to that pattern.

SAVINGS COME AFTER YOU’VE CLEARED YOUR DEBTS

Even when we have an unexpected bonus. Yes, even for a fifty percent (50%) bonus. I bet you’d calculate all the debts you owe from so many years – to your shoemaker, your banker, to the supermarket for that LCD screen you wanted and craved – to a certain extent. The extent of how much satisfaction you think you derive from that bonus faced with whether the bonus will come again.

Bonuses are random events. I’d never place a bet on a consecutive unexpected bonus. So, I’d be wise and prudent like before and keep a major fraction of the bonus, after satisfying a wild buying spree, in a bank account.

MONETARY OR NOT, OUR BEHAVIOR FOLLOW THE SAME PRINCIPLES

Now, the bonus was not monetary, just some data. The astonishing part of what happened that Monday morning and before I sent a “Thank You” letter to network service provider’s customer service mailbox was that my behavior followed just what has been documented for so many household spending patterns, whether the household income is high or low.

I hate being another statistic. If I had known better, I wouldn’t have gone through the data gulping spree but would rather have done something else – maybe reject the data bonus? Some joke!

Because we all want to be rational, wise and satisfied humans – of the homo sapiens genre, I mean – that Google knows that some algorithm would find me out and ask me to spend that extra data searching for some ebook which would eventually lead me to a malware dishing site and eventually crash my Firefox browser. I was warned.

* network service provider name is withheld because of privacy concerns.

The second part of the blog or part 2.


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CASHLESS OR CASHLITE: HOW MUCH WILL WE LOSE IF TO SOLVE A NAGGING PROBLEM WE DISTORT THE MARKET IN QUESTIONABLE WAYS.


Those who are conversant with the news from the Central Bank of Nigeria (CBN) know that one major headache it has is that there are too much cash in the hands of the public. I keep wondering how the CBN intends solving that generational problem.

The recent move to indirectly tax the rich by placing limits on cash withdrawals might result in unforeseen effects for the government that were not predicted.

THE TASTE OF THE PUDDING IS…

The demand for cash will not increase inexorably if substitutes exist. If we compare the opportunity cost of the touted substitutes with that of cash, which will be higher, for transactional and debt payment purposes? Laughable!

I do not see POSes all over satellite town where I live. ATM usage is increasing but should I have to walk to a bank every time I want to collect money, when I was doing that with cash? Where are the ecommerce websites? Even if you want to pay for services and products abroad, some banks still ask for domiciliary account.

Rather than place a hidden tax on cash, would it not be better the CBN carries out this experiment on themselves, with banks and other financial institutions rather than the non-banking public?

How? It should start a process of curtailing or rationing the amount of cash every bank and branch can release to the public. Above that limit, any customer would be made to realize that, “there are substitutes out there, why not use them?” Rather than force customers to bear the burden, we want the banks and the CBN to show they are sincere in its assertion that the substitutes are cheaper and easier.

If cash are rationed such that substitutes seem cheaper, would we see a queue behind ATM machines? That is the test. Would my mobile money account reflect my new bank balances, where I am forced to use them because “cash is not enough at the counter?” That is the test of the exercise. As people say, the taste of the pudding is in the eating.

Take away the cost from the customer and bear the cost, mighty CBN, so that the better bank will win and the loser banks will be at your doorsteps for carrying out a program that crippled its business.

FREEDOM TO CHOOSE IS CENTRAL TO THE SUCCESS OF A CAPITALIST ECONOMIC SYSTEM

If the Government and CBN fail to realize that freedom to choose is key to the success of a capitalist economic system, then it is playing a game which secondary effects we might never know until we are back to level zero. By taxing them from the word go, the people are not free to choose what payment method they want – cash or the touted substitutes.

Placing a limit on withdrawals affects no other sector but the public consuming sectors. Why not the banking sector?

Placing a price on withdrawals affects no other sector but the public consuming sectors. Why not the banking sector?

I wonder why the CBN should not bear the responsibility and burden for a program it wants and dearly seeks to solve; why throw it onto the public. Because she is afraid it might fail?

Fear thee not, CBN. Phase out the long drawn talk about cashless or cash-lite, give us substitutes and make them cheaper than cash. We’ve had enough burdens for one quarter.

Note before: I have not read the CBN document on cashless and think it is a waste of time. Six months from now, I might download it for reading.


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I HAVE FOUND THE PRINTER AND IT IS SITTING IN MY ROOM


I tweeted yesterday that I bought a printer from Ikeja and on the way lost it. Sounds crazy right?

The situation was nerve-wracking and I spent quite a lot of money trying to figure out where on the way from Ikeja to Satellite town I left it on a bus.

How on earth could a man with a printer forget it on a bus?

Some of those reasons are: I had lots of luggage and lots of load on my head. It’s not easy trying to start up a small business in Lagos. The weight of trying to calculate how much it would take to buy a printer, buy stationary, do this and that – it just isn’t easy at all!

Thumbs up to all those who are running successful small businesses in Lagos. Hectic lagos!

But the story turned out well. The men at the Ikeja park, from Ikeja to Mile 2 were honest to a fault. Just hours after I reported my loss, I was calmed to -5 degrees centigrade. If the printer loss was on one of their buses and a passenger in the bus was not smarter than the driver, then I’ll have the printer the next day.

The next day is today and the crazy printer is sitting in my room.

I really do not know how to say “Thank you” to those God-fearing men at Ikeja. I think there are men we can trusteven though so much news from the political scene are disheartening. By the way, who cares about politics?


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