I am in a meeting now that is so annoying but I want to take my mind off things that upset me to talk about love and marriage.

I have been listening to people talk in many @joinClubhouse rooms about what they expect from potential partners and laugh very hard each time.

What is the calculation of the super-rich Nigerian and why don't they run to the hills whenever there is an economic crisis?

I think because each crisis presents new opportunities with loopholes to gain advantage. I’ve once said that Nigeria is the world’s opportunity capital.

What Nigeria produces in abundance is opportunists. We don't do capitalism or socialism in Nigeria, we do opportunism.

Opportunism doesn't think long term about anything. It takes lemons and makes lemonade, then tries to create a lemonade monopoly to have outsize sales margins.

This is why we import when things are scarce. We trade when we are broke. Importation and trade are very short-term value creation processes without long-term upside. It is why our wealthy people are ”low-quality” according to @DoubleEph 😂

There is generally no production depth

Our banking system is also complicit in supporting this charade. It is why most of the nonperforming loans have been made to these same opportunists masquerading as the ”super-rich”. I missed the opportunity to add quotes in my first tweet. Their so-called wealth is qualified.

Something is fundamentally wrong when an economy is almost completely transactional. Yes, I have made money from fintech but I also see the long term damage of the current fintech hype. Nigeria as a country has been in one long hype cycle. This is why I keep saying it isn't real.

Epic Win!

That was our team. 🔥

There are many Africans with a free $50k to $100k lying idle somewhere than we think. They keep cash as a contingency for many reasons. Anything can happen. Positively or negatively. Cash is sometimes worse than a dead asset. They keep it anyway. Most likely outside Africa.

I was having a chat with my best man about African investments and I could have tried to teach him ancient Sumerian instead. Dude’s mind is closed to Africa. He would rather invest in Dubai as it made more sense. Problem is there are African investments with much better returns.

I think Africa has a massive PR problem. The problems are real no doubt but the opportunities are also real. The news about the problems overshadows the details about the abundance of opportunities. I still can't forget the lady at @Ashesi who told me about African abundance.

I have seen magic done in 2001 with $285m raised all locally in a month for a deal. Over 20 years later, African startups are still hustling in a demo day abroad for thousands of dollars that other Africans already have to give but don't or can't. It is a complete mindfuck.

There is a reason African people don't believe too much of the good news. They have been brutalized and conditioned so much with bad news that it becomes their frame of reference. Where else can a train track be attacked twice in two days and nothing is said by the government?

Sometimes I wonder if we should be building certain types of African organizations with obvious gaps in people resourcing?Then I remember what my uncle and his friends did for the financial sector with MAYO and PTC.

Edtech has actually been in Africa longer than we think.

MAYO/PTC was actually the first Ed-Tech company in Nigeria and also the first place I worked and did my NYSC. We took UK accountancy and banking institute materials and used tech to modify and republish local versions of study text for students preparing for professional exams.

We also provided prep classes and corporate training. This was how we also started @SwiftaSystems, it was initially from tech training before we moved to product development and services.

For tech, we were self-taught but we created a new market for ourselves with education.

Education ALWAYS comes first before adoption when it comes to tech. We aren't doing nearly enough at the moment. Everyone wants to build products for the educated market and ignore the uneducated market. Uneducated doesn't mean formal school, it is about industry and paradigms.

Current Ed-Tech initiatives are focusing on basic education but market education is a significant opportunity. No matter how simple you think your product is to use, there will be many who will not use it until they understand the fundamentals and why it exists at all.

One thing I am grateful about is the ability I have always had to keep living my life on my own terms without being drawn into trends. I am an obsessive extremist. I don't do middle ground obsession. When I love something, I don't do half measures. I can also do dislike that way.

What I have learned is that there are some trends you can't avoid even when you don't like the hype around them. One of those trends is crypto.

My boss @osuide ALWAYS without fail, predicts big things in tech. He introduced me to the Internet with my first infoweb account.

He introduced me to crypto too in spite of my misgivings. I bought $300 bitcoin and promptly lost it. The fact that I could lose something valuable that easily was my pain. I didn't at first see the bigger picture of custody aggregation. This was before coinbase became a thing.

I had actually searched for the domains ”bitbase” and ”coinbase” and maybe I even owned one of both domains at some point, I can't remember. I was, however, a very early adopter who dropped off when it seemed to become a fad. I was even on some ICO advisory board at some point.

I remember I wrote to @iaboyeji and @TechProd_Arch to take it seriously at Flutterwave. I also had a chat with one of the founders of the local exchanges about not using the .ng domain and using .africa to avoid the Nigerian government and their potential issues.

OK - now in Honduras narco-case including Prez JOH & brother Tony, now Geovanny Fuentes Ramirez has a proceeding before Judge Castel - Inner City Press will live tweet, thread below

The US Attorney's Office has asked for "Witness-1" to testimony under a pseudonym, and for jurors and "venire" (prospective jurors) be left unnamed, due to threats of retaliation and "inability of Honduran government to protect witness."
Or unwillingness?

Judge Castel: I presided over the Hernandez Alvarado trial, but this one will be different. Defense?
Defendant's counsel: I understand reading between the lines what your Honor is saying [about corruption in Honduras] and the alleged homicide...

Defense counsel: There have been public statements from the government of Honduras that this is all false. We could get that testimony even if the witnesses did not come here, using letters rogatory.

Defense lawyer: Either the jury will believe my client important tons of cocaine or not - whether he gave political campaign contributions in Honduras is a sideshow."
[To him, maybe]
Defense: The evidence should be kept out.

Greece's new minister of interior, former far-right activist Makis Voridis. Not "allegedly" and without a hint of exaggeration.

His past is wikipedia-level stuff

Voridis was violently anti-Semitic amongst other things

He is closely connected to the French Front Nationale, but in 2017 he tried to distance himself from them. BY CLAIMING THEY ARE ACTUALLY SOCIALISTS

To paraphrase Phillip K. Dick: the Golden Dawn lost, but the Nazis won

Thread on Invisible China: Scott Rozelle and Natalie Hell's illuminating and scary deep dive into rural China's ills and stark inequality. No matter how bad you think it is, it's worse there---more like a developing country than a global superpower. 1/n

2/Rozelle rolled up his sleeves to understand the CN most only see from plane or train windows. Issues in health and education, bringing down human capital of 300m rural Chinese, could trap it in middle income status.

Think future like Mexico/Turkey now, not Korea/Taiwan

3/Most focus on impressive elite universities and high schools topping int'l rankings, but CN average education levels are abysmal.

Only 30% of China's working age pop completed high school--last place for all middle income countries, worse than many poor countries!

4/TIL a startling fact: school in CN through grade 9 became free & mandatory only in 2006! Even today high school is not free in CN! Want to go through grade 12? Pay fees of 10-15x incomes for poor rural areas. Instead they drop out to work unskilled jobs. Xi has promised to fix

5/No country has escaped middle income trap below 50% HS grad rates, and avg for successful countries (now high income) is 76%. Why? HS skills not important for repetitive assembly jobs, but w/o ability to learn & basic skills in math and reading, can't do more productive jobs

Portugal is famous for its mild climate and sunny beaches, but each year hundreds of people freeze to death and millions struggle to survive frigid winter weather.

Here's a quick thread based on my @POLITICOEurope story on Portuguese energy poverty

When I lived in Lisbon my friends and I joked that although the Portuguese were famous for melancholia, uncharacteristic (and unrealistic) optimism defined their approach to thermal insulation: homes seemed to be built as if the weather was expected to be perfect year-round.

While the weather is, indeed, really great for most of the year, it can also be really awful sometimes. In the Summer temperatures can shoot up to truly unbearable levels for weeks on end, and in the Winter the icy humidity can easily make you feel like you're freezing 24/7.

This reality is a huge problem precisely because so many Portuguese people live in homes that don't have the capacity to shelter them from the heat when temperatures rise and the cold when they drop. And that means that every year that means people die because of the weather.

This issue can be traced back to the rural exodus that took place during the second half of the XX century, when millions fled the interior to seek better futures either outside the country — immigrating to France, Germany and Luxembourg — or in cities like Lisbon and Porto.

If Rinu or Marinu has exited the Judicial Panel it is because SHE HAS SEEN THAT THERE WAS NO MASSACRE and she is trying to escape the judgement of us and hers. Us being those who knew all along that LekkiLies was babanla iro & hers are the sorosokes who she won't be able to face

Let us put things in context: She did not belong in that Panel all along. We said it and asked for her to be kicked out. That girl tainted that Panel's proceedings, she was a judge in her own cause. It was her who found a bullet that had not been fired on a visit to the locus/

She is trying to disguise by leaving so that she can come back to her tissue-paper ladled supporters for a pass. They see their undoing-that they are responsible for the deaths of 4 soldiers and about 27 Police Officers and about 50 civilians all over Nigeria who all died because

of their #LekkiLies. All of them have blood on their hands and eternal pain on their consciences. Until they purge themselves of these by apologising to Nigerians, the evil they did will haunt them forever. At 23, someone has become so notorious for evil. Same with the sWitch/

who was asked to bring her evidence to the Panel and did not show up. A frail looking thing who was able to carry dead weights of dead bodies and dropping them at the feet of soldiers who were shooting at her. Perhaps she was under the influence of drugs and was hallucinating/