Kehinde Richard Fashua’s Post

#Leveraging Underperforming Assets to Reposition Nigeria The Nigerian Economic Summit Group (NESG) urges the Federal Government of Nigeria to leverage the country's underperforming $14 trillion assets to reposition Nigeria for sustainable growth and development. Nigeria's economy remains fragile, with slow growth and vulnerability to external conditions. The country's assets, valued at $14 trillion, are underperforming and can be optimized to drive economic growth. Strategic line of action 1. Conduct an asset inventory and valuation to identify underperforming assets. 2. Develop a strategic plan to optimize asset utilization. 3. Implement policy reforms to create an enabling environment. 4. Encourage private sector participation in asset management. 5. Invest in human capital development to enhance asset management capacity. Rationale: 1. Optimal asset utilization can drive economic growth. 2. Improved asset management can increase revenue generation. 3. Private sector participation can bring in expertise and investment. 4. Human capital development is essential for effective asset management. Conclusion: Leveraging Nigeria's underperforming assets is critical to repositioning the country for sustainable growth and development. The NESG urges the Federal Government to take immediate action to optimize asset utilization and drive economic growth.

There are pain points of investing or doing business in Nigeria's 🇳🇬 dynamic market of course yet 💼 Fret not, as "A Dummy's Guide to Nigeria's Investment Landscape" gives you cues and insights to help you alleviate these pains! This comprehensive guide brings to focus the 50 biggest challenges faced by investors, entrepreneurs, consultants, and economic development agencies, including: ✔️ Lack of reliable market data and insights ✔️ Regulatory uncertainties and policy inconsistencies ✔️ Infrastructure gaps and operational hurdles ✔️ Difficulties identifying credible partners and opportunities ✔️ Concerns about ease of doing business and business environments This book equips you with the knowledge to navigate Nigeria's investment landscape confidently. From sector-specific risks to growth potentials, it covers all the crucial aspects you need to make informed decisions. Don't let these pain points hold you back from tapping into Nigeria's immense potential. Get your copy today and unlock a world of opportunities! 🚀 Get a copy here: https://lnkd.in/d86fWCS7 #InvestinNigeria #EconomicGrowth #MarketInsights #BusinessStrategy #NigeriaInvestmentGuide

From the experts at Control Risks, as featured in PEVCA Nigeria 's Mid-Year Review and Strategic Outlook report. Nigeria remains the hotspot for private capital into the continent. My team and I assessed the critical factors steering these capital flows: i) the strategic importance of “glocal” strategies, ii) the impact of evolving market trends, iii) challenges surrounding fund repatriation, and iv) the implications of unpredictable policy landscapes. Read the full article here https://lnkd.in/dzh2mQxz (p.10) cc Joyce Nkini-Iwisi, MBA(UK), FP(SA) Omobolade Olagunju

# Addressing the Unprecedented Wealth Deterioration in Nigeria Background studies This position paper will attempt emphasis significant decline in the Nigerian Stock Exchange (NGX) market capitalization, from $65.5 billion in June 2023 to $37.7 billion in June 2024. This represents a loss of over 50% of investors' wealth in absolute terms, benchmarked in US dollars. The article attributes this decline to various factors, including the increase in prices of fuel, electricity, and other essential commodities The challenges facing the Nigerian economy and the need for collective effort to address them. It also showcases Tekedia's commitment to providing quality education and training programs to support business growth and development in Africa. Executive Summary: Nigeria is facing an unprecedented wealth deterioration, with the Nigerian Stock Exchange (NGX) market capitalization declining by over 50% in absolute terms, benchmarked in US dollars. This trend is unacceptable and requires immediate attention from all stakeholders. Key Issues: 1. Significant decline in NGX market capitalization 2. Increase in prices of fuel, electricity, and other essential commodities 3. Unprecedented wealth deterioration in a peaceful time Recommendations: 1. Urgent action to reverse the trend and promote shared prosperity 2. Collective effort from all stakeholders, including government, private sector, and civil society 3. Implementation of policies to address the root causes of the decline 4. Support for business growth and development through education and training programs Conclusion: The unprecedented wealth deterioration in Nigeria is a pressing issue that requires immediate attention. We must work together to address the root causes of this trend and promote shared prosperity for all Nigerians. References: 1. Nairametrics. (2024). Massive Wealth Deterioration in Nigeria Stock Exchange (NGX): June 2023 ($66B), June 2024 (38B) 2. Tekedia. (2024). Tekedia Mini-MBA (Sept 9 – Dec 7, 2024)

Today, I had the privilege of attending the high-level workshop on the National Digital Economy and e-Government Bill, organized by the Ministry of Communications and Digitalisation Economy, Nigeria in collaboration with Ministry of Innovation and Digital Economy Sokoto . The workshop brought together brilliant minds from across the technology ecosystem, CsOs, Media practitioners and government to discuss and shape the future of Nigeria’s digital landscape. I was opportune to contribute to the discussions on this critical bill and most of the participants stressed the need for the authority concern to decentralized financial institutions complain response centers, more community engagement, and awareness as well. This initiative is set to drive economic growth and position Nigeria as a leader in the digital economy. Looking forward to seeing the positive changes this bill will bring to Nigeria’s digital journey. Umar Kabir Dan Anini @Daniya #DigitalEconomy #eGovernance #NITDA #3MTT #FMCIDE #Innovation #NigeriaDigitalTransformation

Nigeria faces significant challenges in diversifying its economy away from oil dependency. With a rapidly growing population and high youth unemployment rates, there is an urgent need to create new opportunities for economic growth and job creation. The #NESG Digital Economy Policy Commission has identified two urgent policy reforms required to transform the digital economy sector. They include: 1. Positioning “digital economy and innovation” as the lever for economic transformation & government internal capacity transformation through research and cross-sectoral collaboration. 2. Development of a harmonised policy and data-driven execution on talent, capital, & trade pillars and enhancement of data-driven implementation and execution of the Nigeria Startup Act and other digital economy policies. The General Assembly (GA) seeks to engage experts on the proposed policy advocacy plans of the Policy Commission in 2024. Register via https://lnkd.in/ddPHz3pC

A good way to start the year. Plan to attend and get the required knowledge to navigate the year. Knowldege is Power!!

I had the pleasure of speaking on one of the panels at the Duale, Ovia & Alex-Adedipe TMT Business Law Breakfast Series. It was an interesting event with enlightening discussions that are relevant across all sectors of our economy. The keynote address by Kyari Bukar resonated deeply with me, setting the tone for thought-provoking discussions throughout the event as it underscored the importance of enabling policies and a conducive economic environment for innovation. The panel consisted of industry leaders who shared insights from broad perspectives ranging from government to entrepreneurs to investors, one significant highlight from the panel discussion was the need to maximise mobilisation of local capital. I emphasised the importance of looking inwards and mobilising local institutional capital given the high interest rates globally causing global institutional investors to retreat from emerging markets. Thank you to my fellow panelists for an enlightening discussion. At Aruwa Capital Management we remain bullish on the long term fundamentals and growth prospects of the markets we invest in such as Nigeria. Looking ahead, I’m optimistic about the future of innovation and investment in Nigeria. Events like these serve as catalysts for positive change, and I’m excited to see the impact of our collective efforts unfold. I also had the pleasure of speaking to ARISE News after the panel to discuss what we look for when investing in businesses. Kudos to Duale, Ovia & Alex-Adedipe and partners who contributed to making this event a success. Thank you for having me. Together, we’re shaping a brighter future. cc: Adeniyi Duale Kola A. Olatubosun Alake Femi Ogunjimi Tosin Eniolorunda #doatmtlaw #investment #innovation #aruwacapital #venturecapital #privateequity

Thinking of investing in Nigeria? Here are the first 4 key steps to get started! 🇳🇬 1. Understand the local market landscape and identify key opportunities where your business can add value. 2. Build trusted relationships with local partners. 3. Connect with top government regulators and key players 4. Try to secure initial patronage from government. #Investment #Nigeria #BusinessGrowth #EmergingMarkets #AfricaOpportunities #LocalPartnerships

Nigeria has a lot of potentials to offer the world; in business, technology, innovation and value creation. With one of the highest investment ratios and highest economy in Africa, The importance of improving business management within the country cannot be overlooked. #funfactfriday #msmes #nigeriaspotential #businessmanagement