By Salisu Uba, PhD, FCIPS

In Nigeria, especially in the North, the time is ripe for successful entrepreneurs and business leaders to forge an alliance and spearhead investment in the burgeoning startup ecosystem. By forming angel syndicates to venture capitalists, we can create a robust foundation for attracting substantial investment not only from within Nigeria but also from across the globe. This aligns with locally supported startups through investment, addressing market fit and confidence in the business model, especially if the solution is locally targeted.

Why is this crucial?

Firstly, establishing angel syndicates allows us to tap into the wealth of knowledge and experience possessed by seasoned entrepreneurs. Imagine having a syndicate of angels across all states investing in and mentoring startups and small businesses; this could lead to more successful ventures, social impact, and job creation. Typically, when you have resources and skills in business, it becomes an avenue for addressing challenges and opportunities within the startup landscape, making it a source of invaluable mentorship for emerging businesses.

Secondly, starting with angel syndicates incentivizes the process of attracting more venture capitalists, signifying a maturation of the investment ecosystem. It’s important to understand that venture capitalists bring not only financial backing but also strategic guidance and access to extensive networks, propelling startups towards rapid growth and scalability.

I am glad that some folks are forming partnerships and have come up with venture labs funding. However, my question is how effective this is, especially when we don’t get updates about the deals they have closed? I want to be positive, as a typical round of investment can take anywhere from 3-7 months.

Furthermore, without adequate funding, promising startups risk stagnation or even relocation to more investment-friendly destinations. Incorporating in these alternative jurisdictions not only deprives Nigeria of potential economic growth from the ecosystem but also undermines the socio-economic development of the country offered by the startups.

Lastly, to catalyze this transformation, heightened awareness and targeted training programmes are essential for our successful entrepreneurs and business leaders. Educating successful entrepreneurs on the benefits and mechanisms of investing in the startup ecosystem will empower them to become active participants in driving innovation and economic prosperity.

Business schools in Nigeria should come up with tailored programmes on startup investment opportunities and the future of sustainable business practices. Our revenue houses should perhaps create incentives for high net-worth individuals when participating in investment in startups or small businesses.

I am absolutely certain that Nigerian entrepreneurs and business leaders should be engaged in creating a network of angel investors to invest in the startup ecosystem. We can foster a culture of innovation, drive economic growth, and position Nigeria as a leading player in the global startup landscape. Now is the time to act, to seize the opportunity, and to realize the full potential of Nigeria’s entrepreneurial spirit.

I am sure platforms like Startup Arewa, NITDA, Ministry of Finance, FIRS, and many other stakeholders can facilitate a dialogue and create a conversation around my proposition.

Salisu Uba, PhD, can be reached via salisuuba@ymail.com.

By Sabiu Abdullahi 

A 400-level student at Kwara State University (KWASU), Malete, identified as Rashidat Shittu, has reportedly taken her own life, allegedly due to academic pressures. 

The incident has left the university community in mourning and disbelief. 

According to reports from Shittu’s friends on condition of anonymity, the deceased took her life in anticipation of upcoming exams by consuming insecticide.

Despite being rushed to the University of Ilorin Teaching Hospital for urgent medical attention, Shittu was pronounced dead upon arrival, adding to the sorrow and shock.

Sources close to the situation revealed that Shittu had been grappling with academic challenges, which may have contributed to her decision. 

She had allegedly confided in her peers about her struggles before tragically resorting to suicide.

Even though efforts were made to save her life, she succumbed to the effects of the poison. 

A member of the medical team at the University of Ilorin Teaching Hospital, who preferred anonymity, disclosed that Shittu was already deceased. 

The grim circumstances surrounding her death underscore the gravity of mental health issues among students, especially concerning academic stress. 

The solemn Janazah ceremony for the deceased took place at the Muslim cemetery in Osere, Ilorin, where she was laid to rest by her grieving family members and university staff from the students’ affairs unit. 

When approached for comment, KWASU’s Director of University Relations, Dr. Saeedat Aliyu, expressed unawareness of the student’s demise. 

She pledged to investigate the matter and provide further details once confirmed by relevant authorities, highlighting the need for official confirmation amid the tragedy.

By Hussain Muhammad

In the tapestry of Kannywood’s illustrious legacy, one name shines with the brilliance of a thousand stars—Ali Nuhu.

His journey from a seasoned film actor to the Managing Director of the Nigerian Film Corporation is not only a testament to his hard work but also a narrative of how one individual can shape an entire industry.

Ali Nuhu’s career as an actor is marked by his ability to breathe life into characters, painting narratives that resonate with audiences across cultures and languages. Beyond his on-screen charisma, he remains untainted by the scandals that often beset the entertainment world, standing as a paragon of decency and grace.

His recent appointment as Managing Director further underscores his pivotal role in shaping Kannywood’s future. Through his leadership, he embodies the principles of excellence, integrity, and inclusivity, guiding the industry toward new horizons of success.

Ali Nuhu’s journey imparts invaluable lessons in perseverance and dedication. His unwavering commitment to his craft, coupled with his ability to navigate the pitfalls of fame gracefully, serves as an inspiration to aspiring artists and industry veterans alike.

As we celebrate Ali Nuhu’s accomplishments, we are reminded of the power of hard work, integrity, and humility in shaping not only individual careers but entire industries. His legacy will continue to inspire generations of filmmakers, actors, and enthusiasts, paving the way for a brighter, more inclusive future for Kannywood and beyond.

By Idris Ishaq Danwanka

The series Gidan Sarauta (“Royal House”), directed by Ali Nuhu, does not fully align with its title. The events portrayed in the series differ from what one would expect from a real Gidan Sarauta.

Let’s start with the characters: Ali Nuhu introduced Adam Abdullahi Adam (Abale), who played the role of a disrespectful son to a wealthy man named Rabiu Rikadawa, also known as Baba Dan Audu in Labarina. The character lacks a proper upbringing from his father and harbours a disdain for the less fortunate. While such behaviour may exist in certain places, it raises the question of why thuggery is associated with Gidan Sarauta. What message is Ali Nuhu trying to convey? 

Furthermore, would it be plausible for a devout Muslim on their deathbed to instruct their son not to show compassion towards the poor? Such teachings contradict the principles of Islam, where one is expected to seek forgiveness from Allah and reflect on their wrongdoings before passing away.

Additionally, I am not particularly pleased with the casting choices in the series. Umar M Sharif, who sometimes speaks femininely, is selected to portray a prince. While this may not bother me as much, it is concerning to see Garzali Miko, who lacks the necessary qualities for such a character, also playing the role of a prince.

Moreover, the series seems repetitive, with certain events unnecessarily repeated within the same scene. Additionally, Mommy Gombe, who is assigned a significant role, appears to be somewhat inadequate for the part.

In summary, I have several reservations regarding the direction, character choices, and portrayal of events in the Gidan Sarauta series directed by Ali Nuhu.

Idris Ishaq Danwanka studies English Language and Literature at Federal University Dutse.

By Yuhya Gambo, PhD

Obviously, we truly need to be reminded of the true purpose of the Quran. The Quran is not just a book to be recited and memorized but rather a source of guidance and wisdom that we should strive to understand and implement in our lives.

Decades ago, the late Sheikh Abubakar Mahmud Gumi (may Allah have mercy on him) authored his famous book of Tafsir titled “Returning the Minds to the Meaning of the Quran” (رد الاذهان الى معاني القرآن). The book was written at a time when many Muslims in our community had drifted far away from the core teachings of the Quran. Back then, the Quran was mostly read to seek blessings in ceremonies and other gatherings, and nothing more.

Just like many others, I benefited immensely from the radio broadcast of tafsir sessions of the late Sheikh. Ever since I listened to his Tafsir of Suratul Nur, I learned how Allah wants me to relate with different categories of women in my life, the etiquette of entering people’s houses, and the requirement to lower my gaze and not stare at women lustfully. Alhamdulillah.

Also, I learned about the high status of Aishah (an epitome of chastity), the Mother of the Believers (may Allah be pleased with her). The enormous lessons inspired me to memorize the Surah entirely. May Allah reward Sheikh Gumi with Jannah, ameen.

As Muslims, we badly need the Quran in our lives. Not only does it nourish our inner selves, but it also contains every guide for us to prosper in this Dunya and the hereafter. We must make deliberate efforts to benefit from the pure knowledge and guidance contained in the Quran.

The Quran is practical; it is meant to guide our complete life, be it our spiritual, social, or economic dealings. It is equally meant to guide our creed (belief), speech, and actions to that which Allah is pleased with.

In Majmu’ al-Fatawa 23/55, Sheikhul Islam Ibn Taymiyyah (may Allah have mercy on him) said:

‏”المطلوب من القرآن هو: فهم معانيه والعمل به، فإن لم تكن هذه همةُ حافظه لم يكن من أهل العلم والدين”.

“What is required with regards to the Quran is: To understand its meanings and act upon it, for if this is not the goal of its memorizer, the person cannot be considered among the people of knowledge and [complete] religion”.

Let us make the Quran our companion and guide in this life and the hereafter. In fact, we need the Quran today more than ever!

By Sabiu Abdullahi

In a bid to streamline customs operations and bolster trade efficiency, the Nigeria Customs Service (NCS) has reaffirmed its commitment to adopting evidence-based approaches.

This commitment was reiterated during the launch of the World Customs Organisation (WCO) assisted Time Release Study (TRS) Scoping Mission for Nigeria.

At the ceremony held in Lagos on Thursday, February 8, 2024, Comptroller General of Customs Bashir Adewale Adeniyi MFR emphasized the significance of the TRS method.

This systematic approach aims to measure the total duration from the arrival of goods at the Customs border until their release. 

CGC Adeniyi highlighted the strategic importance of the initiative, stating, “It represents a critical step in our ongoing efforts to optimize the trading experience and customs operations in Nigeria.”

He underscored the NCS’s commitment to trade efficiency and national development, citing initiatives such as the Authorized Economic Operator (AEO) program and the establishment of a Customs Laboratory. 

The launch of the TRS received commendation from government officials and stakeholders present at the event. Minister of Finance, represented by Lydia Jafiya, stated its alignment with the Federal Government’s agenda for economic revitalization.

Minister of Industry, Trade, and Investment, Doris Uzoka-Anite, stressed the role of trade facilitation in enhancing revenue generation and national competitiveness. 

With collaborative efforts between the NCS, WCO, and other stakeholders, Nigeria aims to leverage scientific studies and innovative strategies to enhance customs operations, promote economic growth, and facilitate international trade.

By Uzair Adam Imam 

The House of Representatives has called on the Federal Government to enforce compliance with Executive Order 003 of 2017, which promotes the patronage of locally produced products, including textiles. 

This resolution came after the adoption of a motion by Rep. Esosa Iyawe (LP-Edo) during plenary in Abuja, where he highlighted the significance of the textile sector in Nigeria’s economy. 

Iyawe affirmed the importance of revitalising the Nigerian textile industry, which was once a major employer of labour and a vital component of the manufacturing sector. 

He expressed concerns about the negative impact of non-compliance with the executive order and the preference for imported fabrics over locally made textiles. 

The House urged the Federal Government to ensure the effective implementation of Executive Order 003 and to conduct awareness campaigns to educate Nigerians on the benefits of supporting indigenous textile manufacturers. 

Additionally, the House called on various government agencies, including the Armed Forces and law enforcement agencies, to prioritise the patronage of locally made textiles. 

Furthermore, the House mandated the Committees on Industry and Legislative Compliance to oversee and ensure adherence to the executive order. 

Executive Order 003, signed by former Vice President Yemi Osinbajo in 2017, aims to boost the nation’s economy and create jobs by encouraging government agencies to prioritize the use of locally made goods.

By Uzair Adam Imam 

A Lagos Special Offences Court in Ikeja has handed down a seven-year imprisonment sentence to Toheeb Korede for attempted robbery. 

Justice Olubunmi Abike-Fadipe delivered the verdict on Thursday following Korede’s conviction on charges brought against him by the state government. 

Initially facing a two-count charge related to conspiracy to commit robbery and armed robbery under sections 299 and 297(2)(a) of the Criminal Laws of Lagos State 2015, Korede was found guilty on both counts due to substantial evidence presented by the Lagos State Government. 

However, the discovery of a handmade pistol in Korede’s possession led to additional charges and his conviction for attempted robbery. 

The convict, arrested on November 11, 2020, was arraigned on November 17, 2020, where he pleaded not guilty to the charges. 

During the trial, the prosecution counsel, led by Adebanke Ogunode, presented witnesses including a victim and the Investigating Police Officer (IPO), who testified against Korede.  

The victim recounted his ordeal at the Jakande bus stop in Eti-Osa, Lagos, where Korede and an accomplice robbed him at gunpoint of his smartphone and N125,000.

By Sani Bello Hamza

The popular Hausa adage “kyaun Ɗa ya gaji ubansa” is what prompt me to start this column. Humble Thought’s Foundation was laid by my father more than two decades ago on the now defunct Pointer Express; a weekly Newspaper wherein he dissect public issues ranging from politics, education, skills/entrepreneurship and other contemporary issues. I decided to pick the baton and continue with the pace to contribute my own quota to the development of our community and country at large. I believe with my consistency spiced up with your unwavering support and prayers, we will have an easy ride and convey my message with ease and touch the lives of many–as he did. You can always reach out to me through my email or phone number set out hereunder. I’m looking forward to hear from you and read your constructive Criticisms. Enjoy and be safe!

CORRUPTION: BETTA EDU AND THE REST OF US

In mid 2019, Boko Haram insurgency, banditry and kidnapping were on the rise. Families were displaced, schools were closed and businesses were shutdown. As a result, President Buhari through an executive order announced the creation of a new ministry and mandated it to develop humanitarian policies and provide effective coordination of national and international humanitarian interventions; ensure strategic disaster mitigation; preparedness and response; and manage the formulation and implementation of fair focused social inclusion and protection programs in Nigeria. The former president appointed Sadiya Umar Farouq as the first minister of the newly born ministry.

The ministry got a warm welcome from Nigerians as they were “assured” by the former president that the ministry will work tirelessly to mitigate disaster and provide succur to Nigerians affected by Natural or man-made disaster. The first minister Sadiya Umar Farouq also swore to discharge her duties in line with the extant rules and provisions of the Constitution–without prejudice.

Few months after the creation of the new ministry COVID-19 Pandemic surge in and became the major problem of Nigeria and the world. Donations began to pour in from governmental and non governmental organizations to aid in mitigating the spread of the virus as well as cater for the affected victims. However, there were series of allegations and mummurring regarding the financial management of the ministry. There were also unrealistic calculations and assertion by for the minister. For example;

The minister said she mandated the disbursement of COVID 19 palliatives across all the states of the federation. Few months later, the palliatives were found stacked in various states warehouses–untouched and undisbursed. This led to a serious chaos; youths all over the country were seen breaking the warehouses to take their shares from the palliative to cater for themselves and their families.

Again, the former minister also claimed to have spent more than 500 million naira to feed the “non-existent children” in their homes in Abuja and Lagos when schools were locked down in 2020.

The NPOWER scheme also loosed its significance under the minister as beneficiaries were owed for several months without payment.

In spite of the above and other allegations, Former president Buhari form a deaf ear and shun all the allegations without launching an investigative panel to look into the matter.

Ironically, Mrs. Farouq spent four years in office and vacated after President Buhari’s tenure, and today, she’s under intense investigation for alleged laundering of more than 37 billion Naira when she was in office. The former minister is under EFCC’s watch and mandated to report daily to the office.

Are we done with the Humanitarian ministry? No!

As expected, President Bola Ahmed Tinubu appointed Mrs. Betta Edu to steer and rescue the already sinking humanitarian ministry. Betta was expected to perform Better than her predecessor and deliver the missions and visions of the Renewed hope agenda. Betta Edu is among the closest allies to the president; a dedicated party member and a hardworking women leader of the party. She supported the president, campaigned for him and mobilised support him. Yet, the president suspended her to give room for investigation and serve as a deterance to other political appointees who think they are immune and untouchable.

President Tinubu’s no-nonsense and zero tolerance approach is where his administration differs from his predecessor–Buhari.

Among the allegations that led to her suspension was a purpoted memo mandating the Accountant general of the federation to transfer 585 million naira to one account Bridget Onyelu.The memo was full of unrealistic calculations including flight tickets to Kogi State–which is not known to have an airport.

Few days to Edu’s suspension, Mrs. Halima Shehu–the DG NSIPA was sacked for alleged transfer 40billion to a personal account. Mrs. Shehu claimed she mistakingly transferred the money to the personal. In another report, she claimed she transferred the money to stop Mrs. Edu from accessing the funds.

The combined efforts of Sadiya, Halima and Betta are really disheartening and disappointing. It is pathetic seeing “women”– who are suppose to be role models and family builders engaging in such disgusting and inhumane acts. I am certain the president will (as he has always ) make sure whoever is found guilty face the wrath of the law.

We can’t continue like this!

Sani Bello Hamza is a Law student at Ahmadu Bello University Zaria, he writes from Zaria and can be reached through his email; sanibellohamza@gmail.com or 09013506168

By Sabiu Abdullahi 

The Nigeria Labour Congress (NLC) and the Trade Union Congress of Nigeria (TUC) have jointly issued a stern ultimatum to the Federal Government.

The ultimatum comes as a response to the alleged failure of the government to fulfil a 16-point agreement reached with the unions on October 2, 2023. 

Expressing their dismay over the situation, leaders of the NLC and TUC affirmed their concern regarding the government’s apparent disregard for the welfare of citizens and workers.

Despite concerted efforts by organised labour to foster cooperation and address issues in the workplace, the unions claim that the government has remained indifferent to the widespread suffering and hardship experienced by Nigerians. 

In a joint statement, the NLC and TUC lamented the necessity of resorting to drastic measures, stating, “It is regrettable that we are compelled to resort to such measures, but the persistent neglect of the welfare of citizens and Nigerian workers and the massive hardship leave us with no choice.” 

The ultimatum issued by the unions gives the Federal Government a 14-day window, starting on February 9, 2024, to honour its commitments outlined in the agreement.

Failure to do so, as stated by the NLC and TUC, will result in the commencement of a nationwide strike. 

The looming threat of a nationwide strike raises concerns about its potential impact on various sectors of the economy and the well-being of the general populace.

It underscores the urgency for dialogue and resolution between the government and organised labour to avert the disruption and hardships that a strike could entail.