Always do great things. The world may not notice immediately. But excellence compounds.

Let’s go blue lock.

Get your foot in the door, man. As a third class it’s not like you’re spoilt for choice.

If 🇳🇬 top tycoons shifted toward broader equity distribution and floating more stock publicly, it could radically transform 🇳🇬 middle class population

Arsenal. 22 years. Knicks. 53 years. Mannnn

Some inexperience and proper tomfoolery

After all the aura farming 🤣🤣🤣

Gentleman sweep done.

These Spurs guys so ass, man.

Take another look at Vinicius’s moment of genius to pull Brazil level at 1-1. 🇧🇷🪄

Someone send me a pack of Twix.

England have been victims of a theft of their training equipment, after vehicles transferring kit to their Kansas City training base were broken into.

Idk any of these niggas, man. Alhamdulillah.

An entire state can get wiped out in one night and Nigerians will go to work the next day. We’re being exposed to an insane level of violence and we’re scrolling away

Some Nigerians are angry at this book by Carlos Barragan, as if they did not spend decades glorifying internet fraud in their songs, movies, cultures and communities. As if there aren't well known and respected celebrities who are known internet fraudsters. As if these fraudsters don't almost run night life in cities like Lagos. As if the language of internet fraud is not very common among young people in many places. As if Nigerians did not sing gleefully alongside Nkem Owoh when he sang: "419 no be thief, it's just a game, everybody day play am, if anybody fall mugu, my brother I go chop am.... Oyibo man I go chop your dollar, I go take your money disappear...you are the mugu, I am the master."

The power of compounding and time is insane. At 32% CAGR you turn 20m to 5 billion in 20 years without adding a single dime. Yeah I know getting 32% CAGR is hard. I’m just saying.

These things are very desirable, but frankly, a lot of people in that business surely know the value of processing; the sad story is the economics. The economics. Processing does not scale because the business case is extremely difficult. The industrial chain from raw cocoa seeds to finished products is long. You need factories, machines, power, water, quality control, packaging, storage, logistics, working capital, distribution, brand, and patient capital. It is capital intensive. Investors or entrepreneurs consider the viability of a project or business before allocating capital; it is not enough that a product has a higher selling price. A profitable product (gross margins) may not be a profitable business (operating margins). You will fight multiple battles at once if you are a manufacturer in Nigeria today, and these battles will limit your scale. ✑ Power is expensive ✑ Diesel is expensive ✑ cost of capital is high (and you are in an environment that hardly provides long-term capital. Very impatient capital, in fact). ✑ ports are not exactly there ✑ Logistics is expensive (look at the haulage and distribution costs of even the top manufacturing firms) ✑ The quality compliance required to make a meaningful product involves high costs ✑ On top of all of these, you then have very price-sensitive consumers. Anyone who dabbles in such a gigantic project must be able to provide their entire infrastructure before it can work. And providing your infrastructure means some really, really serious capital—crazy one. And when you provide the infrastructure, there is still no guarantee that it will work. Small deviation Can we list the top manufacturing firms in Nigeria today? You can think of Nestlé, Nigerian Breweries and the likes. Those guys have been here since my father was born. And they have strong backing from foreign capital. The ones we look up to, Dangote Cement and BUA Cement, needed the entire industry to be locked down for them to be truly successful—the same goes for Okomu and Presco. The pattern is that Investors will only deploy capital when they are 100% sure that the industry will be locked down for them, and, as the evidence clearly shows, the value created by such industrialisation only expands inequality in society. The substance is that no concrete value is created. Back to my gist If we want cocoa factories (and many other manufacturing activities) to work or thrive, we must fix the conditions that cause factories to fail. At a minimum, fix the power issues. In your free time, check out FTN Cocoa. Check out Multi-trex. Also, find out why Cadbury has not done more since it began doing business in Nigeria.

Omo na una sabi. If I get 1 meter for account, I be millionaire.

Omo when dem wan open strait of Marmoush?