Only few others qualify as well as LKJ to do all the three - I hope I do justice.
The death of Alhaji Lateef Kayode Jakande brings to my mind the triumph of excellence in political leadership as well as rebellion against the political order.
A lot has been said about LKJ since he died yesterday and I hope only to contribute my perspective to enrich all said.
Only few others qualify as well as LKJ to do all the three - I hope I do justice.
LKJ's parents were from Omu-Aran in present day Kwara State but he contributed more to Lagos than so many others - we will return to this subsequently.
The political threat to Awo was very real.
He conceded ground and began to subsidise Muslim pilgrimages, appointing more Muslims into Western Region boards and agencies and openly attacking the NML which soon changed its name.
Awo therefore called on his own Muslim allies who were actually mostly non-political and got them to form a rival Muslim organisation.
Jakande stayed close to Awolowo afterwards politically and even went to jail for him.
Enahoro managed to escape the borders of Nigeria until the following year in 1963 but all the others suffered jail time.
Despite having been born in Epetedo, a lot of issue was made of his Kwara roots that Awo had to balance the ticket with Alhaji Rafiu Jafojo, an Awori indigenous Lagosian.
Jakande was the UPN flagbearer.
The stories of Ige and Jakande would soon collide but let's stay on LKJ for now.
Adeniran Ogunsanya ran on the NPP platform which had Tunde Edu as State Chairman, also formidable.
Jakande/Jafojo defeated them overwhelmingly.
He understood that Lagos was a growing city and his focus was to configure Lagos to accommodate the large and likely to increase population; that was his joker.
Houses were built with space constraints in mind - 3 and 4 storey buildings with single and double bedrooms were his hallmark.
He built that very road that Fashola added one extra lane on both sides and proposed tollgates for, despite Lagos guaranteeing the funds used to build it.
Let us spare some praise for the men who governed Lagos alongside LKJ...
Hamzat was then nominated by Pa Rafiu Ishola Solomon into the Lagos cabinet (Ganiyu Solomon's father).
It was this visionary cabinet that helped LKJ to succeed.
While Jakande was called "Baba Kekere", Ige was called "Arole Awolowo" and were seen as rivals of sorts.
But Jakande was a financial patron of Awo's political family, many of whom held no office and lived around Awolowo in Apapa; so they supported him and disliked Ige.
The charge was that the 28.5km Light Rail Lagos Metroline Project which was to convey about 40,000 commuters daily was 'corruption'.
But some then young fellows in the party were having none of it and one of them was Bola Ahmed Tinubu - they put forward Dapo Sarumi against the establishment candidate of their elders and party leaders.
The primaries was to be direct with all party members across all wards in the state voting and much manipulation of membership was introduced.
Awolowo’s daughter, Tokunbo Dosunmu, got only 7,362 votes.
Sarumi protested the results bitterly.
The LKJ group insisted Agbalajobi had won and both camps found no truce.
The regime through the electoral umpire intervened and disqualified both Agbalajobi and Sarumi from the race.
But back to LKJ...
Edu won the SDP ticket and faced Michael Otedola of the NRC whom Jakande tactically and covertly supported against his own party - Otedola won.
(This tweet is for those who will urge one to write a book: I've started it, will finish it this year insha Allah.)
Their politics was: "he who is not for us..."
Alhaji Lateef Kayode Jakande had only an opportunity for greatness thrust upon him and then he achieved greatness with his own hand and mind.
More from Politics
Hard pass. So long as Leader Pelosi remains the most progressive candidate for Speaker, she can count on my support.
The strange thing about the fight to displace Nancy Pelosi as Speaker of the House is that no one seems willing to run against her. https://t.co/VhBqf4KJom
— The New Yorker (@NewYorker) November 21, 2018
I agree that our party should, and must, evolve our leadership.
But changed leadership should reflect an actual, evolved mission; namely, an increased commitment to the middle + working class electorate that put us here.
Otherwise it’s a just new figure with the same problems.
I hope that we can move swiftly to conclude this discussion about party positions, so that we can spend more time discussing party priorities: voting rights, healthcare, wages, climate change, housing, cannabis legalization, good jobs, etc.
You May Also Like
Curated the best tweets from the best traders who are exceptional at managing strangles.
• Positional Strangles
• Intraday Strangles
• Position Sizing
• How to do Adjustments
• Plenty of Examples
• When to avoid
• Exit Criteria
How to sell Strangles in weekly expiry as explained by boss himself. @Mitesh_Engr
• When to sell
• How to do Adjustments
• Exit
1. Let's start option selling learning.
— Mitesh Patel (@Mitesh_Engr) February 10, 2019
Strangle selling. ( I am doing mostly in weekly Bank Nifty)
When to sell? When VIX is below 15
Assume spot is at 27500
Sell 27100 PE & 27900 CE
say premium for both 50-50
If bank nifty will move in narrow range u will get profit from both.
Beautiful explanation on positional option selling by @Mitesh_Engr
Sir on how to sell low premium strangles yourself without paying anyone. This is a free mini course in
Few are selling 20-25 Rs positional option selling course.
— Mitesh Patel (@Mitesh_Engr) November 3, 2019
Nothing big deal in that.
For selling weekly option just identify last week low and high.
Now from that low and high keep 1-1.5% distance from strike.
And sell option on both side.
1/n
1st Live example of managing a strangle by Mitesh Sir. @Mitesh_Engr
• Sold Strangles 20% cap used
• Added 20% cap more when in profit
• Booked profitable leg and rolled up
• Kept rolling up profitable leg
• Booked loss in calls
• Sold only
Sold 29200 put and 30500 call
— Mitesh Patel (@Mitesh_Engr) April 12, 2019
Used 20% capital@44 each
2nd example by @Mitesh_Engr Sir on converting a directional trade into strangles. Option Sellers can use this for consistent profit.
• Identified a reversal and sold puts
• Puts decayed a lot
• When achieved 2% profit through puts then sold
Already giving more than 2% return in a week. Now I will prefer to sell 32500 call at 74 to make it strangle in equal ratio.
— Mitesh Patel (@Mitesh_Engr) February 7, 2020
To all. This is free learning for you. How to play option to make consistent return.
Stay tuned and learn it here free of cost. https://t.co/7J7LC86oW0