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The Cash In Your Passion

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Welcome to the next in the series  of the personal finance column we started last year. It is almost impossible to believe that we have been together for this long. Incredible! More than ever before, I have come to believe very firmly in the saying that he who asks for direction would never miss the road. I am pleased with and appreciative of the level of feedback I have got from perceptive readers of this column from as many angles as you can imagine.

Your comments and observations have been helpful in shaping the complexion of the current series. Some of the readers suggested that we should throw our nets far and wide to bring mentors from different backgrounds who can share insights on the steps they took to get to where they are currently.

We have done that and our promise is that we will bring them one after the other so that you can have a robust pool of knowledge from where you can pick nuggets for personal use.  Some also want an open interaction both with me and the people I talk with. We are working out the modality to make that happen.

One reader also wondered if we must bring only millionaires as guest mentor going by the name given to the column.  By our definition, a millionaire is not necessarily only that person who is worth a million naira when you subtract his assets from his liabilities. Our guest mentors would include successful individuals in all areas of endeavour that we can identify the business they are  involved in to create their wealth. You are also free to suggest names that you think we can include in some of the series for the future.

The modality for this series will be a bit different from the first series. We will accommodate a lot of feedback mechanism on every principle we are sharing. Our mentor has promised to work with us to make this series very exciting and engaging. As part of making sure you participate , a blog is also being  created to enable us discuss every topic we are treating so that people can share their personal experiences as they apply each of the principles.

By requests from many of  readers who had given feedback on the column, we would also attempt to give some assignments so that people can apply the principles shared. I believe very strongly that learning alone is not enough, there has to be practical application of  knowledge gained for it to make sense.

Just before I introduce our new mentor (remember you are part of the process), I must express deep gratitude for the openness and cooperation of our first guest mentor on this column. He has continued to inspire with the exploits he  has continued to make locally and abroad. Against all odds  and amidst still competitive bids, he was able to buy a massive hotel in the United Kingdom and I understand that he is already causing some jitters there.

Just of recent too, he was also given a banking license in Ghana and has promised to give it everything it takes. More than that, apart from the fact that he has given us a challenge to practise what he has shared with us,  our mentor has promised to make himself available any time we need his opinion on any issue.  Besides, once we are satisfied that we are well grounded in the foundational principles he shared with us, he has given his word to start the advanced session with us. May I then request that we  give him resounding applause!

Our current guest mentor is an individual I have tracked since 1976 and it has never ceased to amaze me how he has managed not just to remain relevant in his area of passion but how he has been able to turn his passion into a massive business empire. Getting him for an appointment had been particularly difficult because of his extremely hectic schedule. I had placed a tab on him for months and he remained elusive until a mutual friend took it upon himself to pin him down for the first appointment. It was a very fascinating encounter. One other reason I am excited is because he is in the creative field and there is this belief that creative people can hardly run business successfully. Happily our mentor is not only still living his passion, he has made a good business out of it:

Amongst other accomplishments  he has thriving schools; he is  heavily into real estate; he has created many profitable and highly successful television programmes that are making waves locally and abroad; he is member of Vision 2020 Committee; and he is also a holder of MFR conferred on him by the Federal Government of Nigeria.

While  we were having preliminary chat, I noticed that our mentor was busy with drawing something on a piece of paper in front of him. He eventually gave it to me to have a look. He had just created a comic series in less than five minutes.  Our mentor said: “I can say that my gifts came with me from my mother’s womb. I mean it. I started to draw funny things. At  about the age of eight, I started to notice that I could draw without any formal lesson in fine art. Besides, I also  discovered I could play musical instruments and a bit of acting. I found myself simultaneously with three talents that I was very good at without any formal training”.

“Eventually”, our mentor said, “I had to settle for the drawing aspect because that was the only talent I had a platform to express but I have been able to mobilise the two other talents to further push my drawing talent beyond what was initially possible”.

I am very sure you would find the insight shared by our mentor on  how he  has been able to transit from being just an artist to a well groomed businessman. First he  believes that any skill can be learnt unless an individual is not interested in paying the price. He also believes that  challenges and obstacles are part of the credentials for success but the trick  “is to focus on the fruits, and not the challenges.

Our mentor also talked about the role of  a spouse in business, the strategy for starting any project and taking it to the very top and how individuals can turn their passions into money. I can’t wait to share with you the first principle he shared with. Catch ya.

Prosperously yours.

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Posted in Nigeria News. A DisNaija.Com network.

Source: PM News

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Nigeria News

Kano Transfers Over 1,000 Almajiris To Different States Amidst COVID-19 Pandemic

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The Kano State Government on Saturday said it has transferred 1,098 ‘almajiris’ to different states of the country.

The commissioner for local government, Murtala Garo, disclosed this while presenting a report before the state’s task force on COVID-19 at the government house, Kano.

Almajiris are children who are supposed to be learning Islamic studies while living with their Islamic teachers. Majority of them, however, end up begging on the streets of Northern Nigeria. They constitute a large number of Nigeria’s over 10 million out-of-school children.

Mr Garo said the Kano government transported 419 almajiris to Katsina, 524 to Jigawa and 155 to Kaduna. He said all of them tested negative for coronavirus before leaving the Kano State.

Despite the coronavirus test done in Kano for the almajiris, the Jigawa government earlier said it would quarantine for two weeks all the almajiris that recently arrived from Kano.

Mr Garo said another 100 almajiris scheduled to be taken to Bauchi State also tested negative to COVID-19.

In a remark, Governor Abdullahi Ganduje said the COVID-19 situation in Kano was getting worse. He appealed for a collaborative effort to curtail the spread of the virus in the state.

Mr Ganduje, who commended residents for complying with the lockdown imposed in the state, said the decision was taken to halt the spread of the virus.

Kano State, as of Saturday night, has 77 coronavirus cases, according to the Nigeria Centre for Disease Control.

The decision to transfer the Kano almajiris is part of the agreement reached between Northern governors that almajiris in each state be transferred to their states of origin.

However, even before the latest agreement by the governors, the Kano government had been transferring almajiris to other states and neighbouring countries after it banned street begging in the state, most populous in Northern Nigeria.

Despite the transfers, however, no concrete step has been taken to ensure such children do not return to Kano streets as there is freedom of movement across Nigeria although interstate travel was recently banned to check the spread of the coronavirus.

 

Sourced From: Premium Times Nigeria

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Nigeria News

COVID-19: ‘Bakassi Boys’ Foil Attempt To Smuggle 24 Women Into Abia In Container

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By Ugochukwu Alaribe

Operatives of the Abia State Vigilante Service, AVS, popularly known as ‘Bakassi Boys’ have arrested 24 market women hidden in a container truck, at Ekwereazu Ngwa, the boundary community between Abia and Akwa Ibom states.

The market women, said to be  from Akwa Ibom State, were on their way to Aba, when they were arrested with the truck driver and two of his conductors for violating the lockdown order by the state government.

Driver of the truck, Moses Asuquo, claimed he was going to Aba to purchase stock fish, but decided to assist the market women, because they were stranded.

A vigilante source told Sunday Vanguard that the vehicle was impounded while the market women were sent back to Akwa Ibom State.

Commissioner for Home Land Security, Prince Dan Okoli, who confirmed the incident, said that  smuggling of people into the state poses great threat to the state government’s efforts to contain the spread of COVID- 19.

 

Sourced From: Vanguard News

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Nigeria News

Woman Kills Her Maid Over Salary Request

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Operatives of the State Criminal Investigation and Intelligence Department (SCIID), Yaba of the Lagos State police command have arrested one Mrs Nene Steve for allegedly killing her maid, Joy Adole

The maid was allegedly beaten to death by Nene for requesting for her salary at their residence located at 18, Ogundola Street, Bariga area in Lagos.

Narrating the incident, Philips Ejeh, an elder brother to the deceased said that he was sad when they informed him that his sister was beaten to death.

He explained that the deceased was an indigene of Benue State brought to Lagos through an agent and started working with her as a maid  in January 2020.

‘’She reported that her boss refused to pay her and anytime she asked for her salary she will start beating her.

She was making an attempt to leave the place but due to the total lockdown she remained there until Sunday when her boss said she caught her stealing noodles and this led to her serious beating and death,’’ Ejeh said.

He called on Lagos State Government and well- meaning people in the country to help them in getting justice for the victim.

The police spokesman, Bala Elkana, stated that the woman and her husband came to Bariga Police  Station to a report that their house girl had committed suicide.

Detectives were said to have visited the house and suspected foul play with the position of the rope and bruises all over the body which confirmed that the girl had been tortured to death and the boss decided to hang up the girl to make it look like suicide.

He said: “The police moved on with their investigation and found a lot of sign of violence on her body that she has been tortured before a rope was put on her neck.’’

He added that the police removed the corpse and deposited it in the mortuary for autopsy to further ascertain the cause of the death.

Elkana said the matter has been transferred from Bariga police station to Panti for further investigation while the couple have been arrested and will be charged to court.

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Boko Haram Attacks: Buhari Summons Urgent Meeting Of Service Chiefs

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President Buhari and the Service Chiefs in a meeting. (File photo)

Ostensibly alarmed by the latest killings of dozens of soldiers by Boko Haram insurgents, President Muhammadu Buhari has summoned an urgent meeting of Service Chiefs to find ways to stop the trend. 

He has also dispatched the Minister of Defence, Mansur Dan Ali, to the neighbouring Republic of Chad for an urgent meeting with President Idris Deby and his defence counterpart. 

Knowledgeable sources said in Abuja on Friday that the president is worried by on the deterioration of security situation on the Nigeria – Chad Border that has led to the recently increased Boko Haram terrorism in the area.

The sources which did not want to be named in Abuja said: “Nigeria has a Chad  problem in the Multi-National Joint Task Force (MNJTF) put together to secure the Lake Chad basin areas and repeal the Boko Haram terrorist attacks against all the countries neighbouring the Lake.”

The sources noted that Chad is believed to be having their own internal security challenges and this has reportedly led to their pulling away their own troops manning their own border around Lake Chad,  saying: “That lacuna is being exploited by the Boko Haram terrorists, who go in and out of Nigeria, Niger and Cameroon to launch terrorist acts.  This is a clear illustration of the fact that terrorism is beyond national borders.”

When contacted, the Senior Special Assistant to the President on Media and Publicity, Garba Shehu, confirmed that the Defence Minister is going to Chad but said he is unaware of the purpose. 

Meanwhile, the military authorities are said to be in the process of identifying the families of the latest victims with a view to making contact with them. 

Credible sources revealed that it is the reason the president is yet to make any pronouncement on the matter. 

“The President has called an urgent meeting with the Service Chiefs, as well as the fact that families of the latest victims of the Boko Haram are being identified and contacts made before a government pronouncement on the tragic attacks. This, it is understood, is the reason for the silence of the government over the incident,” the source said. 

 

Sourced From: Tribune

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