MONEY SPEAKS PILOT EDITION.pdf

THEPOLITICIAN1

Paul Okade jr wears many hats. He is an

Author, Entrepreneur,Finance coach and

investment consultant. Paul has

authored dozens of articles and has

featured on several television programs

in the United Kingdom. He was born in

London England to Nigerian Parents. His

Father worked for the Central Bank of

Nigeria prior to his relocation to the

United Kingdom for further studies and

his Mother is a Director in a blue chip

pharmaceutical company also in the

United Kingdom.

Paul has written over 50 books and brings passion and excellence to everything he

does. His love for Nigeria was what informed his decision to publish this magazine. He

is passionate about Nigerian business and he is actively playing his part in order to

ensure that Nigerians seize the opportunities which their country currently offers them

before foreign interests completely take over the economic landscape of the nation.

His book “Look, there’s money on the ground” is an expose’ on microentrepreneurship

and it highlights crucial strategies that if applied, would equip

millions of Nigerians with the necessary business skills required to transform them

into successful entrepreneurs and turn Nigeria into the “China” of Sub-Saharan

Africa.Paul is happily married with children.

Paul would like to thank the following people for their incredible input into this

publication;

• Engineer (Mrs) Omonefe Okade (Co-founder of Dream Academy Institute)

• Ibrahim Mohammed (CEO of Webland Visionz Nig LTD)

• Isaac Balami (President of the National association of Aircraft Pilots and Engineers)

• Dr and Mrs Tennyson Akere: Founders and Proprietors of Children Medical Centre, an

outstanding hospital which continues to save the lives of hundreds of children in Benin

City Nigeria.

Paul Okade Jr


welcome to the pilot edition of our monthly e-

magazine aptly called “Money speaks”. In this

magazine we aim to bring you current and

relevant information regarding the property

and finance industry from across the world.we

truly are living in a global village and through

the power of the internet the world has truly

become just one mighty ocean filled with

incredible investment opportunities. Today we

have European nationals living and working in

China, Singapore, Dubai, Saudi Arabia and

Africa. We equally have Chinese, Indian,

African, American, Arabian, Persian and every

other national under heaven working across

the globe also.

what is the driving force behind all this migration? Money ! I have said repeatedly an

I believe it is worth repeating that, money is not sexist, racist or prejudice in any way.

is the number one unifier of people irrespective of their prior predisposed prejudices.

It is amazing how when there’s an opportunity to make money people become colour

blind, everything around them turns green all of a sudden. The reason why I decided to

call this magazine “Money Speaks” is because money does speak. It may be saying

different things to different people but be rest assured that your money is definitely

speaking.

To some people money is saying “hey you, you need more of me”, to other’s it is

saying “you need to give some of me away to the less fortunate”, to other’s , it is sayin

“You need to invest me into something solid such as property or gold before I run out”

Money is saying different things to so many people and for those people who are

listening to what “money” is telling contact them, and us obeying at; it, their financial futures and

that of their children will be secured. moneyspeaks@gmail.com Or call

us on the following numbers;

F or those that refuse to listen to the voice of money and its instruction, their

In Nigeria: Webland Visionz LTD c/o

economic futures are indeed bleak. In this edition we will look at the investment

opportunities that are available in many Mohammed parts of the Ibrahim: globe and 0803 how 472 we can take

advantage of these opportunities and 3742 use them In the to UK: secure Napoleon and protect our money from

the effects of inflation and currency investments: devaluation. +44 207 566 4057

Paul Okade Jr


MONEY SPEAKS

1

Introduction

THE ECONOMIC

3

REALITIES OF

OUR TIME

ALIKO DANGOTE

12

Africa's Industrialist

ABUJA

16

BUSINESS CITY

CAN WE TRUST

31

THE BANKS?


IBRAHIM MOHAMMED

40

Nigeria's Technology

King

WHY IS MONEY

45

IMPORTANT?

WALE TINUBU

Beyond Oil

51

WEALTH

PROTECTION

STRATEGIES FOR

NIGERIANS

57

MICRO-

64

ENTREPRENEURSHIP


INTRODUCTION

Welcome to the pilot edition of our

quarterly magazine aptly called “Money

speaks”. In this magazine we aim to bring

you current information about all that’s

taking place in the global economy. We truly

are living in a global village and through the

medium of the World Wide Web the world

has truly become just one mighty ocean

filled where individual nations are like

sharks all competing for the same food.

I doubt if there’s a single nation on this

planet where you wouldn’t find a Nigerian.

There’s a running joke that says that even if

you were to travel to the moon today you

will still meet Nigerians there looking for

one business opportunity or the other.

What is the driving force behind all this

migration? Money! I have said repeatedly

and I believe it is worth repeating that,

money isn’t sexist, tribalistic, racist nor

prejudice in any way, it is the number one

unifier of people irrespective of their prior

predisposed prejudices. It is amazing how

whenever there’s an opportunity to make

money people become colour blind, and

everything around them turns green all of a

sudden. I have said this in several articles

which I have written on this subject that the

biggest religion in this world isn’t

Christianity or Islam, but “Money”. Why do I

believe this to be true? Because people are

more passionate about pursuing money

than they’re about pursuing God, and most

of their prayers are centred around financial

breakthroughs, business 1 breakthroughs, job


and most of their prayers are centred around

financial breakthroughs, business

breakthroughs, job promotions etc etc.

Studies have shown that most people are

extremely prayerful and pious when they’re

having financial challenges but the second their

financial problems are solved, their passion for

prayer is usually dashed out of the nearest

window. This is the reason why Karl Marx said

and I quote that “Religion is the opium of the

poor”.

The reason why I decided to call this magazine

“Money Speaks” is because money does speak.

It may be saying different things to different

people but be rest assured that your money is

definitely speaking.

To some people money is saying “hey you, you

need more of me”, to other’s it is saying hey!

“you need to give some of me away to the less

fortunate”, to other’s it is saying “You need to

invest me into something solid such as property

or gold before I run out”. Money is saying

different things to so many people and for those

people who are listening to what “money” is

telling them, and obeying it, their financial

futures and that of their children will be

secured. But for those that refuse to listen to the

voice of money and its instruction, their

economic futures are indeed bleak. In this

edition we will look at the investment

opportunities that are available across the

country, and discuss how we can all take

advantage of these opportunities and use them

as effective vehicles to secure and protect our

money from the effects of inflation and

currency devaluation.

BY PAUL OKADE Jr

2


By Paul Okade Jr

The challenges and rapid changes currently taking place in the global economy has

thrown light to the vulnerability of the fiat currency model, and the nations of the

world that can “quickly” move their $dollar reserves into minerals are the only ones

who will survive the coming global monetary crash.

The American economy along with its $dollar is collapsing.

Every single day the dollar loses more and more of its buying power and intelligent

nations need to look for alternative hedges that they can use to secure their wealth.

Throughout history, records have proven time and time again that the safest way to

shield your wealth (both as individuals and as nations) is by investing in

commodities. You only need to look at what has happened to the price of

commodities such as Gold, Silver, Copper, Iron ore and so forth in the last 3 years.

Today Gold is trading at $1311 an ounce and it is projected to rise to well over

$5000 over the next 3-5 years because of what is happening to the dollar.

4


Every single day the dollar loses more

and more of its buying power and

intelligent nations need to look for

alternative hedges that they can use to

secure their wealth. Throughout history,

records have proven time and time again

that the safest way to shield your wealth

(both as individuals and as nations) is by

investing in commodities. You only need

to look at what has happened to the price

of commodities such as Gold, Silver,

Copper, Iron ore and so forth in the last 3

years. Today Gold is trading at $1311 an

ounce and it is projected to rise to well

over $5000 over the next 3-5 years

because of what is happening to the

dollar.

Why is the $dollar so central to the

global economy? It is because it is the

currency of international trade and all

global business transactions are quoted

and traded in US Dollars, so if the dollar

should collapse, the global economy will

follow suit, and the impact will hit

nations who have not managed to move

their $dollar reserves into commodities

mostly. America’s national debt has

reached $20 Trillion dollars. How can one

single country have so much debt? And

just in case you don’t understand the

magnitude of this, let me quote it in

Naira. America’s debt in Naira is 3200

Trillion Naira (in words: Three thousand

two hundred Trillion Naira). It is

economically impossible for America to

ever clear this debt and to compound the

problem even more, they’re printing

$billions of dollars and dumping it into

their economy in an attempt to kick start

it, and all it is doing is devaluing their

5

currency.

It is basic economics, the more of

“something” you have in circulation, the

less valuable it becomes. The reason why

Gold is so valuable is because there isn’t

a lot of it in the world, it’s a rare

commodity. Nigeria must intensify its

mining operations and rapidly build up

its reserve of Gold and other precious

metals.

As a nation, we need to start building up

our mineral reserves, and because we are

already immensely endowed with so

much mineral deposits, we do not need to

purchase them, we simply need to

exponentially increase our mining

output because the $dollar does not have

long to go before it finally collapses.

China is the biggest buyer of

minerals, they have the largest

deposit of Gold in the world and

they mine and store it. The Chinese

do not sell their minerals because

they know that in the coming fiscal

tsunami that will soon hit the

world, paper money will have no

value and the only thing which

nations will be able to trade with is

minerals. We need to secure the

economic future of this nation and

see to it that we do not fall victim to

the fiscal incompetence of the

western democracies.


Africa must understand that it has

“real” wealth under its soil and we need

to begin to cultivate and store it in

preparation for what is coming.

We need to stop chasing $dollars and

start mining more and more minerals

because that is what true wealth is.

America prints paper and gives it to us in

return for our precious minerals, they’re

treating us like fools and enough is

enough.

If they want anybody to take their paper

money seriously then they need to stop

printing it, because if they don’t, it will

become as worthless as monopoly money

very soon.

We need Men and Women in this country

who are in tune with the happenings of

the times and have not bought into that

old colonial lie that “white is right”

because they know better.

The manner in which the European and

American economies were shaken in

2008, and continue to shake till today has

shown the whole world just how unstable

their economies are. Cyprus went

bankrupt and as we speak nations such as

Spain, Italy, Greece and Ireland are on the

verge of total economic collapse.

We have nothing to learn from the

western democracies any longer, and if

we copy their system then we will only

end up suffering the same fate. We need

to look to China and model our

economies around theirs, because they

7

have become the strongest economy in

the world, and that didn’t happen by

chance. We need to look closely at what

they did in order to attain such a lofty

height and then reproduce it in every

state across the federation. The

governments (both state and federal)

need to look at alternative ways of raising

revenue instead of borrowing.

We need to stop running to the World

Bank and the IMF each time we need

money because they’re slowly getting us

into massive debts which our children

and grandchildren will have to contend

with. Debt is bondage, and the borrower

will always be the slave of the lender.

I repeat, we need to look at China and

study what they did. They stayed away

from the two evils (World Bank and the

IMF) and simply went into

manufacturing, and as a consequence

they have become the market of the

world. Everything we use is made in

China. They manufactured their way to

the top of the food chain and now the

whole world is at their feet.

They’re so rich that even America owes

them over a Trillion $dollars.

Isn’t it ironic that America (the country

that prints and owns the $dollar) owes

China $1 Trillion dollars? This is the

reality of the modern world and America

is becoming the economic laughing stock

of the world.


we need to look at China and study what they did. They stayed away from

the two evils (World Bank and the IMF)

8


“For your business to stand out and succeed, you have to put a primary

focus on the social media space, go in big (halfway will not do), and do it

better than most, right from the start.”

Brian E.Boyd Sr social Media for the Executive

•We will create the concept for you

•Write the advertorial

•Design all the graphics and images

•Produce the advert

•Launch the campaign

•Measure the results

Our advertising medium is as follows;

•Print Media; Newspapers, Magazines, Leaflets, posters

•Social Media: Facebook, Twitter

•Electronic media: Television, Radio, You-tube, e-marketing

Contact us at :

thepoliticiannigeria@gmail.com

11

9


BY PAUL OKADE Jr

Alhaji Aliko Dangote epitomizes that

“go-getter” unstoppable Nigerian spirit

which is domiciled in every Nigerian.

That “can do” attitude that continues to

set Nigerians apart from the rest of the

African continent. Who would have

thought that a man who began his

business life as a relatively small

commodities trader in Kano, Northern

Nigeria 30+ years ago, would now been

ranked amongst the most influential

business leaders of modern times? It’s a

shame that the Nigerian media do not

report positive fetes such as this, instead

of the scandalous news they fill our

airwaves with.

On the 10th of April 1957 a baby was

born to the families of Dangote and

Dantata in Kano state Nigeria who would

one day dominate the African business

landscape and make a mark in industry

and entrepreneurship that would cause

global business giants to sit up and take

notice. His name is Aliko. At the tender

age of 21 he returned to Nigeria after

completing a business degree at the

prestigious Al Azhar University in Cairo

Egypt and started a small commodities

trading company with the N500,000 loan

he received from his grandfather the late

business mogul Alhaji Dantata.

As Nigerians we should be proud to

have one of our own listed on Forbes and

ranked as the 43rd richest man in the

world. This is one of the main reasons

why I decided to become a player in the

fourth estate (that’s the industry name

for the “media” by the way), because I

wanted Nigerians to have access to some

positive news other than the usual

negativity such as Boko Haram and

election rigging that they’re bombarded

with. Do bad things happen in Nigeria?

Sure they do but so do good things, the

only difference is that only the “bad

news” gets reported.

12


Who would have thought that a young

man with a dream could turn N500K into

what has now become one of the largest

conglomerates in the world which

netted the founder a staggering

personal fortune close to $20 Billion

dollars, and to think that the majority of

this wealth was made right here in

Nigeria? Imagine if Aliko Dangote had

taken the N500K that his grandfather

lent him and instead of starting a

business in Nigeria, he decided to travel

to the UK or USA to further his studies,

settle down there and work for a blue

chip company like millions of Nigerians

have done? Had he done that, then the

Dangote group would never have

existed and the nearly 12,000 people

who he employs across the group would

have been added to the already over

stretched Nigerian job market.

Aliko Dangote would have become

another faceless and nameless Nigerian

working for the White man and

spending his leisure time on social

media insulting Nigerian Politicians. I

wonder what Nigeria would have been

like if all her sons and daughters who

went abroad in the name of furthering

their education actually returned home

after their studies and got stuck in and

helped to rebuild Nigeria? By now

Nigeria would have been like South

Africa or even Singapore. In the UK

alone there are well over 2 million

Nigerians residing there both legally and

illegally and only God knows how many

more millions are domiciled in the

United States of America. How many

13

Aliko Dangote’s would we need in order

to transform Nigeria? About 2-3 hundred

will do. I am so proud of Aliko Dangote,

he inspires me especially because I was

born in the UK and till date there is no

single Nigerian in the UK who has

achieved what Aliko Dangote has

achieved in Nigeria and that’s a fact.

We complain that Nigeria is underdeveloped

and that is the reason why the

country is not progressing, and yet it is

the same Nigeria that produced the likes

of Aliko Dangote, a man whose business

empire is worth Trillions of naira and

counting. Whether its cement

production or sugar refining, Dangote is

heavily represented, and in recent years

he has ventured out of the shores of

Nigeria, and has already begun to

dominate other African countries such

as Ghana, Togo and Benin.

Aliko Dangote is a proud African who

wears his Nigerian nationality proudly

on his sleeves. He is a true industrialist

and serial entrepreneur with the

uncanny ability to see opportunities in

the same place where others see

obstacles.

An Eagle eyed business man who will

stop at nothing until he accomplishes his

goals. Let the sons and daughters of

Africa join me in celebrating one of our

own, a true son of the soil who has made

and continues to make the continent of

Africa ever so proud.


Let the youth of Nigeria draw inspiration from this enigma of our time, and learn

how to spot opportunities in places where others can only spot problems for truly,

that is the secret of Aliko Dangote’s meteoric rise in business. It’s high time we

stopped complaining about the state of the nation, and start to dream about all that

we can achieve for ourselves and for generations yet unborn.

When others spent their time criticizing the government, Aliko Dangote spent his,

exploring and taking advantage of opportunities. The time has come for us to roll

up our proverbial “sleeves” begin to turn or obstacles into opportunities and our

slanders into business strategies. Let us draw inspiration today from the life of our

brother, our very own Aliko Dangote, Africa’s industrialist.

14


ABUJA BUSINESS CITY

PIONEERING THE NIGERIAN RENAISSANCE

By Paul Okade jr

The Abuja Business City known by the acronym (ABC) is poised to redefine corporate business

practices in Nigeria by coupling cutting edge technology with 21st century infrastructure that

would rival any business city in any part of the developed world.

As economic growth leaves the Western democracies, the eyes of the world are turned to the

developing economies, and Nigeria is at the apex of the gaze of potential investors from across

the globe seeking to partake of the multi-trillion dollar economic ocean known as “Nigeria”.

However, as foreigners continue to seize control of vast sectors of the economy, where does that

leave the indigenes of the nation?

Nigerians in the Diaspora understandably work for the indigenes of those nations but when

Nigerians in their own fatherland also find themselves working for foreigners then something is

amiss. The Abuja Business City will redress this in-balance by giving every Nigerian entrepreneur

the opportunity to realise the proverbial “Nigerian dream” by giving them direct access to

cutting edge technology, financial products and services along with a modern business

infrastructure comparable to those available to their counterparts in the developed economies.

16


Nigeria’s destiny is to be at the apex of the

global business ladder. Nigerians are talented,

gifted, astute, competent and highly industrious

and given the right business tools (technology,

infrastructure, financial services) they can

defeat any competition anywhere in the world.

With a population of 180+ million people,

Nigeria is every entrepreneurs dream, and this is

the reason why the entire world is heading unto

our shores.

We are a welcoming people and foreigners are

certainly welcome to our country and they’re

free to invest and prosper on our shores, but it is

high time that we give our own, home grown

talent the opportunity to excel and to also carve

out their own piece of the proverbial “Nigerian

Dream”.

Abuja Business City will boast of some of the

finest architecture known to man coupled with

cutting edge technology, world class financial

products and platforms, 24hr electricity supply,

world class postal and courier services and a

telecoms and I.T system that would rival those

domiciled in the developed economies.

Finally Nigerian entrepreneurs will have at

their finger tips all the necessary tools required

in order to build world class corporations which

will make Nigeria the envy of not just the

nations in Sub-Saharan Africa, but of the entire

world.

Abuja Business City consists of the

UNITY ZONE

NORTH-SOUTH-EAST-WEST

The mission of the unity zone is to create an enabling environment for all the indigenous

cultures, tribes and people groups which make up the 6 geopolitical zones of the federation to

come together peacefully and learn about each other’s customs and traditions.

This zone will provide a tranquil and neutral environment where we can all sit together as one

united Nigerian family and eat from the table of national brotherhood. Unity is strength and we

are stronger together.

17


This zone consists of the following

centres;

1: THE GOODLUCK JONATHAN CENTRE FOR NATIONAL UNITY

2: SOUTH-SOUTH CULTURAL CENTRE

3: SOUTH-EAST CULTURAL CENTRE

4: SOUTH-WEST CULTURAL CENTRE

5: NORTH-EAST CULTURAL CENTRE

6: NORTH-WEST CULTURAL CENTRE

7: NORTH-CENTRAL CULTURAL CENTRE

CORPORATE ZONE

This zone is the hub for corporate business and it consists of

the following;

1: 1000 CORPORATE OFFICES

2: 12 ADMINISTRATIVE OFFICES

3: TELECOMS AND INFORMATION TECHNOLOGY CENTRE

4: POSTAL AND COURIER CENTRE

5: 2OOO CAPACITY CAR PARK

18


INDUSTRIAL ZONE

This is the manufacturing and industrial zone of the city and it

consists of the following;

1: 100 FACTORIES

2: 100 WAREHOUSES

3: POWER STATION

4: REFUSE DROP/COLLECTION

19


FINANCE ZONE

The financial hub of the city is the finance zone

and it consists of the following;

1: 12 MACRO BANKING INSTITUTIONS

2: 5 MICRO BANKING INSTITUTIONS

3: 5 MORTGAGE BANKING INSTITUTIONS

4: METALS EXCHANGE

5: STOCK MARKET

20


HOSPITALITY ZONE

The hospitality zone will

consist of the following;

1: 10 HOTELS PROVIDING 2500

HOTEL ROOMS

2: 10 CONFERENCE CENTRES

3: WINE BARS

4: NATIONAL AND

INTERNATIONAL RESTAURANTS

21


MEDIA ZONE

This zone consists of the

following;

1: 5 TELEVISION STUDIOS

2: RADIO STATION

3: PUBLISHING HOUSE

4: POST PRODUCTION CENTRE

5: TV STATION

6: THE SENATOR BALA MOHAMMED SCHOOL

OF JOURNALISM

22


ACADEMIC ZONE

This zone consists of the

following;

1: NURSERY SCHOOL

2: PRIMARY SCHOOL

3: SECONDARY SCHOOL

4: ABUJA CITY BUSINESS SCHOOL

5: SKILLS ACQUISITION INSTITUTE

23


RESIDENTIAL ZONE

This zone consists of the following;

1: 1 THOUSAND HOUSING UNITS

2: 3 MODERN SUPERMARKETS

3: LAUNDRY AND DRY CLEANING CENTRE

4: COMMUNAL GYMNASIUM

5: COMMUNAL SWIMMING POOLS

6: COMMUNAL TENNIS COURTS

7: COMMUNAL PARK AND CHILDRENS PLAY AREA

24


HEALTH ZONE

The health zone consists of the

following;

1: 3 MODERN GENERAL HOSPITALS

2: CANCER TREATMENT CENTRE

3: DIALYSIS CENTRE

4: THE PATIENCE JONATHAN MATERNITY CENTRE

5: 3 MODERN DENTISTRYS

25


RECREATIONAL ZONE

This zone consists of the following;

1: CHILDRENS AMUSEMENT PARK

2: MODERN SHOPPING MALL

3: 8 SCREEN CINEMA + MUCH MORE

26


at: pedakogroup@gmail.com

for further details

ABUJA BUSINESS CITY; SHOWCASING THE BEST OF

NIGERIA

27


okadehouse@yahoo.com

In this timely book, Paul Okade jr unearths the business secrets behind the rise of

some of the largest conglomerates on Earth today. “Look there’s money on the

ground” is an expose’ on entrepreneurship and this book challenges the reader not

to despise the days of small beginnings, because even an Oak tree started its life as

an acorn and the great pyramids of Egypt started as an individual brick. Some of the

priceless keys contained in this book are as follows;

How to start a micro-business

How to develop a wealth consciousness

How to create an effective brand

Why you should never follow the Jones’s

Developing a savings culture-Don’t just spend, invest

The importance of trans-generational wealth

Leaving a financial inheritance for your children and grandchildren

And so much more.

28


CAN WE TRUST THE BANKS?

BY PAUL OKADE Jr

If the recent events in Cyprus have taught us anything, it is that our money is no

longer safe in the banks. To think that in 2013 a situation could arise in a civilised

European country such as Cyprus that would cause the banks (under the instruction

of the Government), to freeze the accounts of its clients and not give them access to

their hard earned money is truly frightening. It certainly has the hallmarks of the

apocalyptic Orwellian world in which the basic freedoms of individuals has become

a thing of the past and the Government are the ones who now decides everything

from where you should live, who you should marry, what you should eat, the number

of children you can have and so forth.

Perhaps George Orwell’s description of the future has proven to be prophetic after

all because this is certainly the reality facing the modern world. The European crisis

is far from over and the monetary experiment known as the “Euro” hasn’t seen the

last of turbulence and uncertainty. The American Dollar is equally in similar

circumstances, and the quantitative easing exercise by the Federal Reserve Bank

which is currently dumping tens of billions of printed “paper” dollars into the

American economy on a monthly basis in an attempt to jump start the economy is

nothing short of a time bomb waiting to explode.

31


All it’s causing is yet another boom

and bust cycle and the question nobody

is asking themselves is just how many

more of such cycles can the global

economy absorb before it totally

disintegrates? As an individual, the

time has come for you to take your

proverbial “destiny in your own hands”

and begin to create hedges/safety nets

to mitigate the fiscal incompetence of

global governments. The steps you

should take in order to mitigate the

threat of banks freezing your cash as

they did in Cyprus are as follows:

Firstly you should always have

enough cash in your house or in a

safe place elsewhere to be able to

take care of yourself and your

family for at least 3 months, so that

if the government in the nation

where you’re currently domiciled

decide to pull the same stunt on you

as they did in Cyprus, then at least

you and your family can survive.

32

Secondly, you should begin to look

at secure ways to keep more of your

cash outside of the banks, so that in

the eventuality of banks freezing

your account and demanding that

all the citizens should use their

savings to bail out their

government, you will not be too

adversely affected.

Unfortunately, these are the measures

that we all have to start taking to

protect our money so that we don’t

become the unfortunate victims of

failed government economic policies.

We cannot dictate the behaviour and

conduct of those public officials who

we elected to serve us but we can

certainly do whatever is deemed

necessary to protect ourselves and our

children from their fiscal and economic

mismanagement.


“BUILDING WEALTH THROUGH THE MORTGAGE SYSTEM”

By Paul Okade jr

As the mortgage sector begins to gain momentum across Nigeria it has

become absolutely necessary for public and private sector

organisations to educate their employees about the great

opportunities that are now available via the Federal Mortgage scheme

in order for them to gain a thorough understanding of the mortgage

industry and its processes and be fully equipped to take full advantage

of these new opportunities which have been made available by the

Goodluck Jonathan administration.

In this one day seminar/workshop you will discover the following;

• History of the global mortgage industry

• A thorough understanding of the mortgage industry including the

following;

• Interest rates

• Different types of mortgage products that exist

• Credit scoring

• Identity and money laundering

• Insurance for Real Estate

• The Cause of the credit crisis and so much more

•The law of leveraging

• How to buy multiple properties at the same time using borrowed

money

•Learn the difference between a buy-2-let mortgage and a

conventional mortgage scheme

• And so much more

• Each delegate will also receive a free copy of Paul Okade jr’s latest

book on the mortgage industry entitled “Wealth, Real Estate and

the global credit crisis”.

POWERED BY

Napoleon Developments Mortgage Training

Initiative 2013

Contact us at: napoleoninvestments@gmail.com

34


West link Airways is a brand new airline

which is destined to set a new standard for

Africa. For far too long African airlines have

lagged behind their Western counterparts in

terms of the quality of airplanes in their

fleet, and in keeping with the industry’s best

practices, but West link airlines are

determined to change this. With several

hundred million Dollars already invested in

brand new planes and staff training from the

greatest global institutions, Africa can finally

holds its head high in the field of aviation.

West link Airlines is the vision of Captain

Ibrahim Kadafir Mishella, a pilot of

international repute with nearly 30 years of

aviation experience. A proud Son of Borno

State Nigeria who is making his state and

Nigerians extremely proud. He is the

Chairman and CEO of Mish Aviation services

in Ghana, a private aviation school that is

actively engaged in training some of the

finest pilots in Sub-Saharan Africa.

West Link Airlines Ltd

Block 4, Flat 1, Gwaram Close,

Off Abakaliki Street, Area 3,

Garki, Abuja

Tel: +234 704 337 1122

Email: info@flywestlink.com

Website: www.flywestlink.com

36


ABOUT OUR FLIGHT SCHOOL

Mish Aviation was registered in 2006 to undertake the business of Air Transport, Aviation

Personnel/Flight Training and Aviation Consultancy Services. Mish Aviation also undertakes

domestic schedule Operation and charter in partnership with it's affiliate Africa Contracts and

Equipment Ltd.

We maintain the highest standards of professionalism in all aspects of training including safety,

academic content, flight operations and administration. If your goal is to be a professional pilot,

enrollment at Mish aviation is the best start you can make

Our Vision

To be a leading aviation training and air transportation & management company, delivering a wide

range of world class services, targeting not only the West African sub regional market but the world

market in general.

LEARNING TO FLY IN AFRICA

Our fleet of aircraft, classrooms and training facilities in Accra, Ghana are equipped with state of

the art technology. With the advantage of our own maintenance hanger, we are able to provide

quality maintenance ensuring a very high safety standard surpassing Federal Aviation

Administration requirements.

We have an unrivalled success rate and whether you are learning to fly for fun or you want to train

as a commercial pilot for an airline career – you will receive cost effective training. Our personal

one to one training is unique and makes Mish Aviation Flying School Ghana – Africa one of the most

successful Flight Training Schools in Africa today.

Contact us today to receive our brochure..

NIGERIA

Mish Aviation Flying School C/O Africa

Contracts & Equipment Ltd Block 4,

Flat 1, Gwaram Close, Off Abakaliki

Street, Area 3, Garki, Abuja, Nigeria

Tel:+234 704 337 1122 Mob: +234 81

675 13610 Fax:+234 704 337 1122

GHANA

Mish Aviation House, E12 Knights

Close Comm 22 Tema, Ghana TEL

+233 (0) 302 91 63 50 FAX +233

(0) 302 76 43 13

Email: info@mishaviation.com

femi@mishaviation.com

www.mishaviation.com

38


Nigeria is filled with unsung heroes,

people who are doing exploits in their

chosen field and yet despite their

numerous achievements they have failed

to catch the attention of the national

media and brought centre stage unto the

national spot light. This is one of the

reasons why I decided to go into the media

sector. I want to bring Nigerians an

alternative to the negativity and cynicism

which currently fills the airwaves. There’s

a particular shop I go to from time to time

in Valencia Spain and the day the shop

owner discovered that I was Nigerian the

first thing he said was “BOKO HARAM”.

Now each time I walk into his shop that’s

the first thing he says. I was so

disheartened because in a country with a

population of close to 200 million people,

they’re so many positive and progressive

things taking place on a daily basis which

unfortunately do not get reported in either

the national or international media.

The media is a powerful tool for shaping

the perceptions of people. We only need to

look at America, a country that has dropped

more bombs than all other countries

combined to see how they have mastered

the art of media propaganda, and their

journalists know only too well how to

make America look like a saint whilst

By Paul Okade jr

demonising other nations. It’s only in

Nigeria where we have journalists who

cannot seem to find anything positive to

report about the country.

Thankfully, a new generation of

journalists are on the rise and I

am privileged to be amongst

them, and I have a passion

burning deep in my heart to

report and propagate “positive

news” so that we can begin to

break the stronghold of cynicism

and negativity which has

occupied our media space for far

too long.

When I came into contact with Ibrahim

Mohammed, the CEO of Webland Visionz

Nigeria LTD many years ago, I was blown

away by his depth in the ICT sector. Ibrahim

comes from a well bred and highly

educated family from Jega Local

Government area of Kebbi State Nigeria.

He is the Business Development Executive

and Group CEO of Webland Visionz Nigeria

Ltd.

40


Ibrahim Mohammed is a Business

Administration graduate from Ahmadu

Bello University, he also has a post

graduate Diploma in Computer Science

and a Masters degree in Information

Management all from Ahmadu Bello

University, Zaria. He is also a graduate

member of Nigerian Institute of

Management, and members of the

following organisations; The Nigeria

Computer Society, Nigeria Internet

Group, World Internet Society and

Computer Professionals Registration

Council of Nigeria. Ibrahim has vast

experience in Website & Application

Development, Content Development

Management, ICT Capacity Building

Training, Marketing and Project

Management. He consults for state and

local governments, private sector

corporations, academic institutions and

NGO’s, and due to his strategic

partnerships with ICT organisations in

different parts of the world, he and his

team are always on the cutting edge of

this fascinating but highly fluid sector.

Nigerians are leaders and given half the

chance they will dominate every

business sector in the world. Ibrahim

Mohammed has set out a robust plan to

expand his company across the African

continent, and he is planning to invest

heavily in product development so that

instead of Africa having to import

technology from countries such as

America and India, they will instead

become exporters.

Ibrahim Mohammed is an innovator

and a product development specialist

and he is determined to reposition

Nigeria and transform it into the

technology giant that it has the

capacity to become.

There was a time when America led the

world in the manufacturing and ICT

sectors, but today China has taken over

the manufacturing sector of the world’s

economy and produce nearly 70% of the

world’s consumer goods and India has

emerged as the ICT capital of the world.

Nigeria, a nation with a population fast

approaching 200 million, 75% of which

are below the age of 20, certainly has the

potential to outperform both China and

India in the ICT and Manufacturing

sectors if an enabling environment is

created for them to thrive.

Ibrahim Mohammed is part of a new

breed of Technology Entrepreneurs in

Nigeria who are not afraid to

challenge the status quo, break

barriers and chart a new course for

the industry. In 2014 he will be

launching a brand new Television

program called “Tomorrows

Technology” where he and his panel

of leading industry experts will

discuss current and future trends in

the technology industry, and inform

Nigerians on the current

opportunities that are available

within the ICT sector.

41


The future has great things in store for this young 33 year old Technology guru who

is destined to make Nigeria the ICT hub of the future. Ibrahim, the people of Kebbi

State and the entire Nation of Nigeria are fully behind you with our support and

prayers. May your intellectual light continue to shine and inspire millions of

Nigerian youth.

Thank you for being a role model for the youth of this nation and a ray of hope for

all those who are still wondering if anything good can come out of Nigeria. Because

of industrious young men such as you, I can say without any equivocation that

Nigeria truly has a bright future and her best days are very much ahead of her. We

look forward to seeing what your great company Webland Visionz Nigeria LTD has

in store for 2014 and beyond, because we know that the best is yet to come.

42


We are a complete electronic solution and service provider that exploit

cutting edge technology to develop state of the art solutions of any comp

our clients regardless of size and location. We develop unique electronic

solutions to increase efficiency and competitive advantage for them by e

smart e- technologies.

We put ourselves in the world of our clients to see issues and challenge

their eyes. Our approach to individual projects is always viewed in the co

our clients' larger business plans and strategies, enabling us to add more

their enterprises.

44


WHY IS MONEY

IMPORTANT?

BY PAUL OKADE Jr

We have often heard the phrase “money doesn’t

make you happy”, and as pious as that may sound, it

really has no place in this modern world where

everything revolves around money.

Money may not make some people happy but poverty

doesn’t make anybody happy either. I have never seen

a beggar who lives under a bridge refuse money from a

passerby.

A poor person has not chosen a life of poverty and

destitution, they’re in that position by circumstance

and they’re certainly not happy about that situation

either.

People are not homeless by choice but by

circumstance, and those circumstances eventually

evolved into a financial crisis in their lives which then

led to their homelessness. Money is extremely

important in this world and desiring to make as much of

it as possible does not make you bad or evil.

We really need to break this mentality which says that

it is morally wrong to want to be rich, especially when

your plan is to use those riches to secure your future

and those of your children and grand children.

45


In an ever more increasingly unstable and

uncertain world we all need to begin to plan multigenerationally

when it comes to our personal

finances, because from the way things are going

there may not be much left for our children in 15 to

20 years time.

So, for some of us who are parents, securing the

economic futures of our children is no longer

optional but an absolute necessity, and in order for

us to do this we will need to learn how to maximise

our investment opportunities and use those

opportunities as vehicles of wealth multiplication.

Most of you are never going to make millions of

dollars from your current jobs or businesses,

however, you can take part of your income and

invest it in areas that can make you a lot of money,

and in this edition of “Money Speaks” we will

unearth some of these wealth multiplying vehicles.

46


DREAM ACADEMY

REDEFINING THE ACADEMIC EXPERIENCE

20

47


DREAM ACADEMY

Dream Academy is an international Nursery and Primary school in the

heart of Abuja Nigeria. The Principal and Co-founder of this academic

institution is Engineer Mrs Omonefe Okade, a graduate of Electrical and

Electronic Engineering from Nottingham Trent University in the United

Kingdom. Her passion for education and dissatisfaction for the status quo led

her to formulate a teaching style which enabled her 6 year old Daughter

(Esther Okade) to pass the GCSE mathematics exam at the tender age of

just 6 years of age. Esther is now 9 yrs old, has already passed 3 units in A-

Level mathematics and is preparing to start her Degree shortly...

http://www.bbc.co.uk/news/uk-england-black-country-11091046

Above is a picture of Esther Okade, the 6 year old girl who passed GCSE Maths

which is the UK equivalent for GCE maths

The school is set to launch in September 2014 and as you can imagine, the

spaces are almost filled up. To register your child for a place in the next

academic session (September 2014) kindly send an email to;

dreamacademyasokoro@gmail.com, a registration form and a prospectus will be

emailed to you.

21

48


A brand new television station poised to breathe new life

into the Nigerian political environment.

For more details please

at : thepoliticiannigeria@gmail.com

49


As a Nigerian with a strong

entrepreneurial gift, I make it a point of

interest to research or investigate if you

will the lives of other Nigerian

entrepreneurs who are making waves.

Growing up in the United Kingdom as a

child I never really felt at home, and deep

down inside me I knew that my destiny

was in Nigeria and that one day I will be

a major player in the Nigerian business

sector. After I left university I worked in

countless companies and each

experience was a disaster. I never really

fitted in and I didn’t like being an

employee either,

I wanted to be the guy who owns

the company and who makes the

decisions.

It’s a bit like renting a house or buying a

house with a mortgage, I hated both

scenarios because they’re pretty much

the same thing. When you buy a house

using a mortgage the house doesn’t

actually belong to you, although the

banks give you the sense that it does,

and the day you’re no longer able to

meet your monthly payments the bank

will take the house from you. The

mortgage industry is an illusion, and I

BY PAUL OKADE Jr

should know because after all I am a

qualified mortgage broker with over 10

years experience in the industry.

Entrepreneurs are driven by the desire

to control their own destiny. They don’t

want to be at the mercy of an employer

or a bank. They want absolute control

and freedom. When most people write

articles about entrepreneurs they

always seem to allude to them to be

people whose sole desire is to build

large companies and create jobs etc, and

yet that isn’t really the main thing which

makes us tick or our primary motivation,

those are simply by products, as it were.

A genuine entrepreneur is running from

something, and that “something” is

dependency. They don’t want to depend

on anyone or on anything. They have an

insatiable need to be free to do what

they want when they want without

having to answer to anybody.

Entrepreneurs are born, they’re not

made. I know people who have

MBA’s in entrepreneurship and yet

they’re not entrepreneurs and never

will be.

52


What entrepreneurs have inside of

them cannot be taught in business

schools no matter how hard they try

and boy are they trying. Some strange

courses have surfaced now in an

attempt to re-program the minds of

business students in order to turn them

into entrepreneurs but it’s all a farce.

It’s a bit like some of the pop musicians

we have today that have been

completely manufactured by the record

labels and you can’t compare them

with the likes of Michael Jackson,

Whitney Houston or Stevie Wonder.

These musicians are iconic and their

music is timeless, and yet if you ask me

who won American Idol 2 years ago I

couldn’t tell you. That’s how short their

careers are because they were

manufactured. They don’t have the

gene of longevity residing on the inside

of them, because that gene works in

conjunction with another type of gene

called “authenticity”.

The same can be said about

entrepreneurship, it’s a natural gift

and no matter how many business

schools you attend or how many MBA’s

you bag, you won’t stand the test of

time in business if you’re not a natural

entrepreneur.

Jubril Adewale Tinubu is an

embodiment of the entrepreneurial

spirit. A company that he started in his

Fathers garage at the tender age of 26

has grown to become the largest

indigenous oil company in Nigeria,

generating $Billions of Dollars in

annual sales. It takes more than an MBA

to achieve such success, not that Wale

Tinubu has an MBA because he doesn’t.

With interests in the upstream,

midstream and downstream value

chains of the petroleum industry

Oando, the company that Wale built,

has become a Nigerian success story. A

law graduate with a natural flare for

business, he tells the story of how he

wanted to multiply his school fees and

therefore decided to partner with a

friend of his who was importing cars

from Germany to the United Kingdom

and selling them for a healthy profit.

His career in law was short lived and

as he put it and I am paraphrasing “I

wanted to sit on the other side of the

table”, meaning that he wanted to be

the business man and not the lawyer in

the equation. An opportunity came

when a friend of his approached him

for finance to purchase an old 1945

tanker to transport crude oil. They were

able to get a loan for $100,000 at an

interest rate of 10% per month and

bought their first tanker called the

Carolina.

From there they went on to purchase a

further 6 tankers, and as their client

base grew because of their reliability to

always deliver on time so did their

reputation. So, when the opportunity

arose for them to purchase a fledgling

oil company, they did not hesitate.

53


They started their business operations as fuel

marketers in the downstream sector and today

they’re the largest indigenous oil company in

Nigeria with interests throughout the O & G value

chain. They have a staff capacity approaching 1500,

95% of whom are of Nigerian ancestry.

This is a true Nigerian company owned, managed

and ran by Nigerians, and it is a testament to what

young entrepreneurs can achieve with hard work

and a “can do” spirit. Jubril Adewale Tinubu is truly

an inspiration for every young Nigerian with a

dream to build something out of nothing, and he is a

testament to the fact that hard work, honesty and

determination pays off in the end.

As the world begins to seek new energy sources, it

is an economic certainty that fossil fuels will not be

the dominant source of energy in 20 years time.

What Oando’s position will be in a post crude oil

economy is uncertain, but what is certain is that its

CEO is a natural entrepreneur, and with all

entrepreneurs he will undoubtedly find some new

venture to put his hands into.

We wish him the very best and thank him for

having the courage of conviction to step out on

nothing but faith and build the largest indigenous

oil company in Nigeria.

54


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55


ISAAC

FOUNDATION

Isaac Balami Foundation is a Non Governmental Organization that has a

primary aim of EMPOWERING AND UNITING PEOPLE. The NGO is focused

on empowering the Widows, Youths and Orphans which has the core

objective of Encouraging and promoting peaceful co-existence of citizens

irrespective of ethnic or religious differences.

53

Isaac Balami Foundation has improved the lives of countless individuals

through programs aimed at empowering and uniting the youths and less

privileged irrespective of ethnic or religious differences.

For the past Five Years (5yrs) Isaac Balami Foundation has:

•Organized training for youths in Borno State and also Opobo Local

Government of Rivers State in liquid soap making, carpentry, antiseptics

production, brick laying etc

•Sank boreholes for irrigation in the host community {1 completed and

9 on-going in Michika-Adamawa State plus 5 on-going in Hawul-Borno

South}

•Opened a high-tech musical recording studio for aspiring musicians to

record & produce musical albums directly promoting peaceful coexistence,

national unity and inspiring lyrics at no cost.

•Opened a computer training center where individuals undergo training

and are certified in Computer Skills appreciation

•Undertake in charitable activities for the benefit of the Nigerian

populace

•Opened a Cyber-cafe in the host community, where individuals can

have access to internet and complete their examination forms i.e (SSCE,

JAMB, WAEC, etc) at no cost.

•Gave scholarships at various levels of education to over 400 people

between 2011 to date.

SPONSORS ARE NEEDED FOR THE FOLLOWING PROJECTS;

•ISAAC BALAMI SCHOOL PROJECT

A Nursery, Primary and Secondary School project for orphans. The school

will be located in Shaffa in Borno State, Nigeria and will consist of

boarding facilities and Sports centre. Cost: N50 Million Naira

•ISAAC BALAMI MEDICAL CENTRE PROJECT:

A childrens hospital project in Shaffa in Borno State providing free

medical care to Orphans and Widows. Cost: N30 Million

Kindly make your donations into the following account;

ISAAC BALAMI FOUNDATION

ECOBANK

48 ADENIYI JONES AVENUE, IKEJA, LAGOS

Account number: 2122082608

Block 2, Flat 1, Femi Okunnu Estate, Lekki, Lagos State

Telephone: (+234) 0806 964 8792

Email: info@isaacbalamifoundation.org

Website: www.isaacbalamifoundation.org

56


68

57


Far too many people in the world stake their future and indeed the future of their families on the illusion

known as paper or fiat currency which is popularly known as legal tender. Paper money, which isn’t backed or

under-girded by anything, is nothing but an accident waiting to happen. There was a time when printed paper

money was backed by Gold and it was called the Gold standard. For every $dollar of printed money that was in

circulation there was a $dollar’s worth of Gold set aside to guarantee it.

The American government gradually removed the $dollar from the Gold standard until they abolished it completely.

Today the $dollar is not backed by anything, and with America’s debt situation spiralling out of control

with debt figures approaching £20 Trillion $dollar’s, it is only a matter of time before the dollar crashes completely.

The only reason why the dollar has not collapsed is because it is still the currency of international trade, but

even that has not shielded it from the economic quagmire of devaluation and diminishing buying power which

as clearly demonstrated in the table below.

69

Table showing the devaluation of the American dollar over a 100 year period

58


From the table you can see how the American dollar

has depreciated in “real” value i:e purchasing power

by over 25 times. For example, what $1 dollar could

buy in 1900 now requires $25 dollars, or to put it in a

real scenario, if you wanted to buy a house which cost

$1 million dollars in 1900 today,

it will cost you $25 million dollars.

Many people seem to believe

that the more “paper” money

they have in their bank accounts,

vaults, mattresses and safes, the

more economically secure they

will be and yet that assumption

couldnt be further from the truth.

Paper money is not wealth, it is a

means of exchange which means

that it can be used to purchase

wealth. So if paper money isnt

wealth then what is?

Wealth is any asset which has the inherent ability to

maintain its value over several generations. The greatest

form of wealth known to Man is “land”. It was

Mark Twain the famous American poet who said and I

quote “Buy land because they’re not making anymore

of it”.

In communities all over the world the value of land

continues to increase from generation to generation.

What your Grandfather paid for a plot of land in 1930

is certainly not what you and I would pay for that

same piece of land today. So if land is valuable then

so is anything built

upon that land. This

now leads me to the

ultimate wealth preservation

vehicle “property”.

The demand for

housing in Nigeria far

outstrips the supply

and this is what has

fuelled the exponential

growth we are seeing

in the real estate sector.

Houses which were

sold last year for N20

million naira are being sold for N40 million a year

later. It is an open secret that Nigeria has one of the

fastest growing real estate sectors in the world and this

is just the beginning.

With a teeming young population which makes up

75% of our 180 million population, the growth in the

real estate market has only just begun.

We are a professional real estate development and management company and our services are second to

none. We will hedge your paper money against currency devaluation through the construction, rental and management

of exquisite apartment blocks.

The services we provide are as follows;

• We source the land

• We design the apartment block (Minimum of 12 apartments)

• We build/construct the apartment block

• We seek tenants for the apartments

• We rent out and manage them on your behalf

• You must simply seek back and watch your investment grow

70

59


Our bespoke development model works perfectly on the Airport road axis of Abuja, and here we will develop

the following for our clients;

• 12 (3 Bedroom apartments)

• Fully furnished

• Swimming pool

• Tenis court

• Gymnasium

• Corporate rental

• N1.5 Million rental income per apartment

• We will build this development for N250 Million

71

60


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61


Upon completion each Apartment will have a market value of

N35 Million Naira, making the entire development value

including swimming pool N500 Million.

For an investment of N250 Million, We will build you an

apartment block valued at N500 Million and giving you an

annual rental income of N18 Million.

There is only one place where you can secure your cash and

that place is real estate

. For further details kindly contact us;

Mr Paul Okade jr

Email: napoleoninvestments@gmail.com

73

62


MICRO-ENTREPRENEURSHIP

“THE ANTIDOTE FOR YOUTH UNEMPLOYMENT”

BY PAUL OKADE Jr

64


The term “micro-business” seems to put many young Nigerians off because they

have delusions of grandeur and only seem to manage to visualize themselves as

the CEO of a large multinational conglomerate. What these day dreamers don’t

seem to comprehend is that the so-called “Multinationals” that they admire and

in some cases “worship” all started as micro/small businesses.

Facebook, the company that has gone on to dominate

the social media space and currently valued at $80

Billion dollars, was started by an undergraduate as an

online university forum where fellow students can

congregate.

Tesco, the European retail conglomerate with annual

earnings in the $Billions of dollars started as a small

grocery store in England selling fruits and vegetables.

McDonalds, the fast food giant with the largest

market share valued at $47 Billion dollars, started

as a roadside burger bar in a small obscure town in

Carlifornia Usa called San Bernadino.

Richard Branson the Billionaire founder of Virgin

Corporation started his empire by selling records (cd’s to

you young generation), and he could not even afford to

rent an office when he started so he used a public

telephone box to make and receive his telephone

I can go on and on and cite countless examples of companies which are household

names today that started from extremely humble beginnings. The desire from certain

segments of the Nigerian youth to become billionaires in one day is stifling

productivity among the youth. This instant millionaire mindset that refuses to craft a 5

or 10 or even 15 year success plan has become the proverbial “joker in the pack” in the

youth transformational agenda. Everybody wants their Range Rover sport and Bentley

today and they don’t want to consider any business or opportunity that does not

gratify instantly.

66


They don’t want to “sow

today” and “reap

tomorrow”, instead they’re

looking for the scheme that

will make them an

overnight so-called “big

boy”, and such a mentality

will not solve the

unemployment/economic

crisis hitting our nation.

What Nigeria needs at this

time is a generation of

young people who are

willing to put their hands to

the plough and work,

knowing full well that they

may not be instantly

gratified. Every business

takes work and time in

order to become successful

and just like the examples I

have stated above such as

McDonalds, Facebook ,

Virgin and Tesco, the youth

of Nigeria can take solace in

the knowledge that hard

work definitely pays off in

the end.

The youth should

stop following the

Jones’s by living

beyond their means

in an attempt to

keep up with their

peers. They don’t

have to buy the

latest phone or

drive the latest car,

but rather they

should learn to

invest and re-invest

their money until

they get to a place

(economically)

where they can buy

those things

without flinching.

67


The litmus test for economic

expenditure is as follows;

• If you have not yet built your own house

then you should not drive a car worth more

than N2 Million Naira

• Before you spend N10 Million Naira on a

car, you should make sure that you have at

least N100 Million Naira in the bank. Cars

are not investments but liabilities and they

lose value quickly. If you buy a brand new

car for N20 Million Naira today you can rest

assured that within 1 year that car would

have lost almost 40% of its value. That

means that you would have lost close to N8

Million Naira in just 1 year

• Live below your means and stop following

the Jones’s. You don’t always have to buy

the latest phone in the market and besides,

new phones come out every month so you

can never win that race no matter how hard

68


I have said repeatedly in many

of my previous writings on this

subject that we need to take our

eyes off the Western economic

models and turn our gaze

towards China. It is not

coincidental that former

economic powers such as the

United States of America and

several European Nations are

now crumbling. This is the

consequence of taking a short

cut approach to economic

growth. America used to be a

manufacturing giant, and long

before China came on the scene

the world consumed American

made products, and where

doing so until Americans turned

their gaze from manufacturing

and unto the financial markets

and “Wall Street” took over

from “Main Street”.

Greedy and unscrupulous

bankers realized that they could

make Trillions of dollars

speculating and manipulating

stocks and therefore did not see

the need to invest in

manufacturing or in new

technology.

The bursting of the dot com

bubble in early 2000 is a prime

example of this new economic

reality that continued right up to

the bursting of the real estate

bubble in 2008 and beyond.

Nothing has changed since then

either, it’s as if the western

democracies are deliberately

trying to destroy their

currencies and their ailing

economies because the

proverbial definition of a lunatic

is somebody who “keeps doing

the same thing over and over

again and each time expecting a

different result”. Whilst the

western democracies were busy

69

speculating and gambling on

the stock market china was busy

manufacturing “real” products

and selling them to the rest of

the world. The Chinese also kept

their currency weak so as to

make their products affordable

to the global economy. This in a

nutshell was how China

dominated the global

manufacturing sector.

It may have taken China many

years to become the world

economic super power but at

least they have now achieved it,

and their economy is built on

the collective labours of microindustrialists.

China has dollar

reserves in the Trillions where

as America and most European

nations are in debt up to their

eye balls. America cannot

possibly pay back its debts,


it has gone pass the point of no return and the day the international community decide to dump the

dollar and make the Chinese Yuan the currency of international trade will be the day that the reality

of America’s economic woes will become plain for all to see.

Micro-businesses are the drivers of China’s economic renaissance and can equally be the same for

Nigeria’s youth. The economic potential of the micro-business model is endless, and with start up

capital for many of these ventures as low as N50,000 ($350 dollars) in many rural communities, it

is an initiative that the Federal and State governments can really get behind. An initial target of 1

million youths across the 36 states of the Federation should be set. If the Government (State and

Federal) enable 1 million young Nigerians to start micro-businesses and then mandate each of them

to create 10 jobs each within 4 years, then this initiative alone will add an additional 10 million new

jobs to the economy.

Micro-business initiatives are a win-win for both the government

and its citizens because of the following reasons;

• Microfinance is a loan and not a gift so the government

(State and Federal) and all other investors who participate in

the funding of the scheme will earn interest on their

respective investments

• The government will earn further revenue through the

corporate and personal income tax that these new

businesses and their employees will pay

• Entire States will be transformed as a result of the millions

of new jobs this initiative would create

• Crime amongst the youth will be drastically reduced

• WE CAN CREATE 10 MILLION NEW JOBS IN JUST 4 YEARS

70


Gone are the days when statements such as the

“the youth are the future” still held sway

because out of Nigeria’s 150 million population

approximately 100 million are below the age of

30, so it has become ever so clear going by these

statistics, that the youth are no longer the

“future” but rather they’re the “present”.

The youth are now the dominant force in the

nation as they represent the largest age group.

100 million young people who desperately need

to know that their government has their best

interests at heart occupy the land. Every single

year thousands of young Nigerians graduate

from university and are added to the ever

expanding list of those who are “educated and

unemployed”. When you add this figure to the

“uneducated and unemployed” segment of the

society, then you will realise that as a nation, we

are sitting on a time bomb.

Restlessness is synonymous with youth, and if

this idle army of young fire brands do not enter

some sort of gainful employment or self

employment very soon, then we could have a

revolution in our hands. The unemployment

situation amongst the youth can no longer be

used simply as a topic for discussion around the

71

dinner table or as the catalyst to stimulate the

intellectual orgasms of a few economists who

spend their days perusing financial data and

pontificating (on a solely academic level) about

the economic realities of our time; it’s time to

act and we must act quickly before it is too late..

The proposal which I have outlined in this

presentation can solve this problem if acted

upon. The last thing we need is yet another

unproductive youth conference where people

simply attend in order impress each other with

their knowledge of the English language and

spout out phrases such as “paradigm shifts” and

after all that talk, the economic realities of our

youth remain unaltered. We finally have a

strategy which has the potential to solve the

unemployment epidemic besieging our nation

and revitalise our young and extremely dynamic

population.

The youth have become understandably

apathetic with the conduct of our political class

and very few of them believe that their

government actually cares about them or their

well being, but I am convinced however that if

the above strategy is implemented nationwide,

this prevailing apathy will dissipate and a

reconnect between the youth (who now make up

the majority of our population) and the Federal

and State government officials would occur.


The youth of Nigeria cannot wait any longer, now is the time for the government to act. Now is the

time for the present administration to show the Nigerian youth that they care about them and about

their futures. It is make or break time for our young people and as western democracies continue to

increase their efforts to reduce the number of foreigners they allow into their countries, it has now

become fully apparent that Europe and America are no longer welcoming places for Nigerian’s and

as such, our youth no longer have an escape route. Nigeria must work, the transformational agenda

can no longer be just a political cliché, but it must become a tangible reality that will benefit

multiplied millions of our young people who are now at breaking point. May God bless the

Goodluck Ebele Azikiwe Jonathan administration and may God bless the Federal Republic of

Nigeria.

72


FINANCIAL INTELLIGENCE IN THE NEW ECONOMY

In this high impact 1 day seminar you will be taught the following;

Mortgage and Real Estate financing

How to create Wealth

How to protect your wealth

The history of the American Dollar

What is inflation

How currency works

History of money

Gold and silver the currency of the new economy

The difference between money and wealth

GDP and balance of payments

Stocks and Shares

Bond Market

Central Bank and interest rates

Boom and bust economic cycles

Credit crisis (What caused it)

Why the rich are getting richer

COST: N75,000 PER PERSON

GROUP DISCOUNTS ARE AVAILABLE

CONTACT:pedakogroup@gmail.com

73


Mortgage and Real Esta

How to create Wealth

How to protect your we

The history of the Amer

What is inflation

How currency works

History of money

Gold and silver the curr

The difference between

GDP and balance of pay

Stocks and Shares

Bond Market

Central Bank and intere

Boom and bust econom

Credit crisis (What caus

Why the rich are getting

COST: N75,000 PER PE

GROUP DISCOUNTS AR

CONTACT:pedakogro

FINANCIAL INT

In this high impact

74


76

okadehouse@yahoo.com


We provide mortgage advice to individuals and companies coupled with first class

training on all aspects of the mortgage industry for mortgage brokers and financial

institutions respectively. In recent years, we have also developed additional courses

that reflect the post-credit crunch mortgage environment. Courses such as

Securitization, the credit crisis and currency and the Gold standard, are courses that

directly addresses the dangers surrounding currencies that have no asset backing and

the economic dangers associated with quantitative easing i:e its impact on inflation,

currency valuation and so much more.

THE HISTORY OF THE MORTGAGE

INDUSTRY

• HOW MORTGAGES BEGAN

• THE PRINCIPLE OF LEVERAGING

• JUSTIFYING DEBT

• MODERNISATION AND ITS INFLUENCE ON THE

MORTGAGE INDUSTRY

• THE RISE OF THE MIDDLE CLASS

MORTGAGE VARIATIONS

• RESIDENTIAL MORTGAGES

• BUY-2-LET MORTGAGES

• COMMERCIAL MORTGAGES

• BRIDGING AND SHORT TERM MORTGAGES

• HOME REVERSION SCHEMES

• HOME INCOME PLANS

• MURABAHA (COST PLUS MORTGAGES)

• IJARA (LEASE TO OWN MORTGAGES)

COST OF LENDING

• UNDERSTANDING INTEREST RATES

• BASE RATE LENDING

• LIBOR (LONDON INTER-BANK OFFERED RATE)

• FIXED RATE MORTGAGES

• TRACKER RATE BORROWING

• INTEREST ONLY REPAYMENT SCHEME

• CAPITAL AND INTEREST REPAYMENT SCHEME

• THE ROLE OF INFLATION IN DETERMING INTEREST

RATES

78


CREDIT SCORING AND RISK

MANAGEMENT

• HOW TO DETERMINE A BORROWER’S CREDIT

WORTHINESS

• CREDIT SCORE FUNDAMENTALS

• ASSESSING THE DEBT TO INCOME RATIO

IDENTITY AND MONEY

LAUNDERING

• VALIDATION OF BORROWERS

IDENTITY

• VALIDATION OF BORROWERS

RESIDENCY

• VERIFICATION OF BORROWERS

DEPOSIT

• IDENTITY FRAUD: DETECTION AND

PREVENTION

• ELECTRONIC IDENTIFICATION

INSURANCE AND PROTECTION

• BUILDINGS INSURANCE AND ASSET

PROTECTION

• PROTECTION OF BORROWERS INCOME

(ASU)

• LIFE INSURANCE

79


REAL ESTATE INVESTMENT

• VALUATION GUIDELINES

• CHARTERED SURVEYORS AND THEIR ROLE

• LOAN TO VALUE ASSESSMENT

• GENTRIFICATION

• ASSET APPRECIATION STRATEGIES

• THE REAL ESTATE BUBBLE

THE ROLE OF THE LAWYER

• CONVEYANCING, THE FUNDAMENTALS

• TITLE DEEDS AND REGISTRATION

• LAND SEARCHES

MONEY LAUNDERING

• TENURE (LEASE HOLDS, FREEHOLD'S AND

COMMONHOLD'S)

• DRAWING DOWN AND LEGAL COMPLETION

• PURCHASE CONTRACTS

THE CREDIT CRISIS

• WHAT CAUSED THE CREDIT CRISIS?

• FUNDAMENTALS OF THE SUB-PRIME

MORTGAGE STRATEGY

• GREED AND ITS DESTRUCTIVE ROLE IN THE

CREDIT CRISIS

• THE CREDIT CRUNCH AND CREDIT

AVAILABILITY

• QUANTITATIVE EASING; PRO'S AND CON'S

• THE FUTURE OF THE MORTGAGE INDUSTRY

• THE BOOM AND BUST CYCLE

• THE NEED FOR REGULATION

80


SECURITIZATION

• CREDIT SPREADS

• THE BOND MARKET

• MORTGAGE BACKED SECURITIES

• CREDIT DERIVATIVES

• THE ROLE OF HEDGE FUNDS IN

SECURITIZING DEBT

• THE NEED FOR REGULATION

OIEC'S AND UNIT TRUSTS

• COLLECTIVE INVESTMENT

• REGULATION

• STRUCTURE OF UNIT TRUSTS

• TAXATION OF DIVIDENDS

• VALUATION OF UNITS

• DILUTION ADJUSTMENTS

• WHEN TRUSTS BECOME LENDERS

POWERED BY

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Contact us at:napoleoninvestments@gmail.com

81


ADVERTISING RATE CARD

To advertise in Money Speaks magazine, the rates are as follows;

• Full page [inside front cover]: N1.2 Million Naira

•Full page: N750k

•Half page: N400K

•Quarter page: N250K

•Classified section: N100K

•Full page [Inside back cover]: N1.2 Million

•Full page [Back cover]: N2 Million

•The cost includes the design of the advert.

To advertise in the next edition of “Money Speaks” contact us at;

moneyspeaks@gmail.com Or call us on the following numbers;

In Nigeria: Webland Visionz LTD c/o Mohammed Ibrahim: 0803 472

3742 In the UK: Napoleon investments: +44 207 566 4057

84


PUBLISHED BY

OKADE

HOUSE

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