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CHARACTER DEVELOPMENT: Nurturing Children for a Positive Impact on Society

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Introduction In today’s rapidly evolving world, character development has become more critical than ever. The global rise in juvenile delinquency, crime, and destructive behaviors is a pressing concern, driven in part by easy access to harmful content on the internet and negative societal influences. The foundation of a strong, positive character is laid early in childhood through proper guidance and nurturing by parents and guardians. This book seeks to address two key questions: By offering practical advice, strategies, and examples, this book will guide parents on how to shape their children into individuals who contribute to society in meaningful ways, rather than being swept up in harmful and destructive behaviors.

ES.Ng

Debunking The Politricks Of Insecurity: Enugu State On Our Minds.

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The story with the caption, 25 Persons Killed, Scores Injured As Armed Herdsmen Attack Enugu Village is not only built on devious masturbatory hallucination, but completely false. Agreed that lately marauding herdsmen have been running amok across the Country, invading towns and villages, and leaving a trail of sorrow, tears and blood in their path. However, there was no such invaders attack on the agrarian communities of Uzo-Uwani Local Government Area in Enugu State that left 25 persons dead. This independent rebuttal of the falsehood targeted at diminishing the halcyon strides of Governor Peter Ndubuisi Mbah and the Enugu State Government in the area of Security is long overdue. We MUST not suffer ‘alarmists and fifth Columnists’ gladly. We have therefore chosen to debunk the devious falsehood of tale-mongers and bearers of false report and fake news. Twice the false tale of marauding Herdsmen sacking communities in Enugu State have been bandied by those who are desperate to undermine the success of Enugu State in protecting lives and property. Not having any scores against the Enugu State Government in areas of Infrastructural Development, Education, Healthcare, Agriculture, and regarding facts about the profound strides of the Enugu State Government, naysayers have resorted to the Politricks Of Insecurity. They have chosen to hype isolated incidents and falsely alarm lovers of the State, Ndi’Enugu and Nigerians. We, the Concerned Professionals For Good Governance (A Good Leadership Advocacy Group) upon seeing the news that has since gone viral regarding 25 Persons allegedly mowed down by Herdsmen in Enugu State proceeded to verify the news. We reached out to local Vigilantes, to Security Agencies as well as Agents of Government at the State and the Local Government level, sadly we found out that it was untrue. And we decided to query the possible reasons cum intention of the bearers of the false report and the fake news. Enugu State has a premium time Digitalised Security Control Centre. Enugu State collaborates seamlessly with the Police, the Army and other Para-Military Agencies charged with the protection of lives and property. Enugu State is doing profoundly well in almost all the sectors of leadership, and Enugu State has become the go-to location for Corporate, Public Sector and Private Sector retreats and Conventions as well as Governmental events. It has become the shinning example in good governance. But Enugu State has also clearly become the envy of other States, such that Politicians seeking to diminish the laudable feats of Governor Peter Ndubuisi Mbah and His Team have resorted to the Politricks of fear-mongering and insecurity, but we shall not fold our hands and allow falsehood to stick. Enugu State is arguably the safest State in the entire South, thanks to the commitment of the Enugu State to the protection of lives and property. This Truism have been attested to by Nigerians of different tendencies including friends and even members of Parties in the opposition in Enugu State. The commitment of the ebullient Governor of Enugu State to security is Olympic and indisputable, and not only is the State Government supportive of Security outfits with funding, the State has in place a Public and a Private Sector fueled fund to support Security Agencies in the furtherance of the Security of the State. We can say without equivocation that Enugu State is safe and is deservedly emerging a preferred destination for investments, business, tourism, and living. It is proudly emerging a conferencing capital, ready and able to host tier one events such as the forthcoming NBA conference and Nigerian Guild of Editors Conference, among others. Ndi’Enugu are hospitable and willing to play host to legitimate institutions, as the State government in partnership with all available Security Agencies work seamlessly to guarantee peace and security in Enugu State. We urge and encourage the media to always verify and validate information particularly issues bothering on Security before publication. That way, fake news on matters of Security will be shibboleth. And that way the Politricks Of Insecurity would cease to oil the frontiers of devious politics. Enugu State is safe and will remain so, as the government is unalterably committed to the protection of lives and property. Okechukwu NwaforConcerned Professionals For Good Governance. (A Good Leadership Advocacy Group).

Slide

Entrepreneur of the Month: Aliko Dangote

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Name: Aliko Dangote Year of birth: 1956 State of Origin: Kano Worth: $28 billion Religion/Ethnicity: Hausa Currently, Aliko Dangote is often regarded as the best entrepreneur in Nigeria. This distinction is attributed to several criteria that set him apart, including his transformative influence on Nigeria’s economy and substantial contributions to multiple sectors, most notably cement, sugar, and flour through Dangote Group. His impact in these sectors has reshaped Nigeria’s industrial landscape, with Dangote Cement dominating the African market. Furthermore, his strategic ventures and expansions have created vast employment opportunities across the continent, driving economic growth. Factors often considered for recognizing top entrepreneurs include their overall impact on industry growth, capacity to innovate, economic contributions, leadership qualities, and efforts to mentor and support emerging entrepreneurs​ Aliko Dangote’s entrepreneurial journey began in 1977 when he was just 21 years old. He started by trading in basic commodities, such as sugar, rice, salt, and pasta, with a loan of approximately ₦500,000 from his uncle. Driven by ambition and a strong work ethic, Dangote quickly scaled his business by focusing on trading goods that were in high demand across Nigeria. His trading enterprise laid the foundation for what would become the Dangote Group. In the 1990s, Dangote shifted his focus to manufacturing, recognizing the potential in producing goods locally to reduce reliance on imports. He strategically expanded into industries like cement production, sugar refining, and food processing. This decision was pivotal, allowing Dangote Group to dominate the Nigerian market and later extend across Africa. Notably, Dangote Cement became Africa’s largest cement producer, significantly lowering the cost of building materials and transforming regional infrastructure. Dangote’s success is rooted in his visionary leadership, strategic risk-taking, vertical integration of his businesses, and a deep understanding of local and continental markets. His ability to scale operations, create jobs, and influence economic policies further cements his reputation as Nigeria’s top entrepreneur​ Aliko Dangote, from Kano State in northern Nigeria, is of Hausa ethnicity. His remarkable journey has established him as one of Nigeria’s most influential entrepreneurs. Dangote’s net worth has recently surged to approximately $28 billion due to the launch of his oil refinery, which is the largest single-train refinery globally. Located in Lagos State’s Lekki Free Trade Zone, this refinery has greatly increased his wealth and positions Nigeria as a significant player in the refining sector, potentially reducing its dependence on imported fuel​ Besides oil refining, Dangote’s business empire, the Dangote Group, includes substantial operations in cement, sugar, salt, and other commodities across Africa. This diversified portfolio is managed with a focus on meeting essential needs across the continent, a strategy that has been a cornerstone of his entrepreneurial success​

Automobile

Industry Overview and Trends in Nigeria’s Automobile Market

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Industry Overview and Trends in Nigeria’s Automobile Market Market Growth and Demand The Nigerian automobile market has experienced fluctuations influenced by macroeconomic conditions, import policies, foreign exchange volatility, and evolving consumer preferences. Recent years have shown a mix of challenges and growth areas in car sales, including: Growth Trends in Car Sales: Used Cars Dominance: The Nigerian car market remains heavily dominated by used vehicles, often referred to as “Tokunbo” cars (imported second-hand vehicles), which account for a significant share of total sales. This preference is driven by affordability, with most consumers unable to afford brand-new vehicles due to high costs. Rise of New Car Sales: Despite a smaller share compared to used cars, new car sales have seen pockets of growth, particularly among middle-to-high-income earners and corporate fleets. This market is sensitive to import tariffs, exchange rates, and government policies, such as incentives for local assembly and manufacturing. Local Assembly: Efforts to revive the automotive industry through local assembly plants by companies like Innoson Motors, Peugeot Nigeria, and other manufacturers have added some momentum. However, challenges like infrastructure deficits and inconsistent policies have hampered full-scale expansion. Demand Trends: Vehicle Types in Demand: SUVs and Crossovers: These remain highly popular due to Nigeria’s road conditions, offering higher ground clearance and perceived robustness. Sedans and Hatchbacks: Compact cars maintain their place in urban centers because of affordability and fuel efficiency. Commercial Vehicles: Vans, buses, and pickup trucks continue to witness strong demand, especially for business logistics, public transport, and government fleet acquisitions. Electric Vehicles (EVs): Nigeria’s EV market is in its infancy, with limited infrastructure and consumer awareness posing challenges. However, there is a growing interest as global trends push for greener transport solutions and as stakeholders introduce pilot EV initiatives. Factors Driving Demand: Population Growth: Nigeria’s large and growing population, with a strong youth demographic, contributes to vehicle demand. Urbanization: Rising urbanization rates in cities like Lagos and Abuja increase demand for personal and commercial vehicles. Economic Recovery and Oil Prices: Given Nigeria’s reliance on the oil sector, fluctuations in crude oil prices can impact consumer spending power and the overall economy, influencing vehicle sales. Trends Impacting Market: Policy and Import Tariffs: Tariff regimes aimed at protecting local assembly plants influence the price gap between new and used cars. Technological Adoption: Digital transformation in the buying process is becoming more prevalent, with consumers increasingly relying on online marketplaces and mobile platforms to purchase cars. Sustainability Efforts: There is growing discourse around sustainability and emissions control, which could shape future demand for greener and more fuel-efficient vehicles.   Automobile Sales and Dealerships in Nigeria Dealership Networks Car dealerships remain a critical element of the automotive supply chain in Nigeria. They offer comprehensive services, including the sale of new and used vehicles, financing options, and after-sales services such as maintenance and repair work. Traditionally, dealerships have operated physical showrooms, allowing customers to inspect and test drive vehicles, build trust, and complete transactions in person. Traditional Dealership Roles: New Car Sales: For brands like Toyota, Honda, Ford, and local manufacturers such as Innoson Motors, dealerships provide a vital distribution channel. They often offer warranties and service packages to build customer loyalty. Used Car Sales: Dealerships also act as brokers or resellers for used cars, providing refurbishment services and verifying vehicle history and authenticity to ensure buyer confidence. Online Sales Platforms: Influence on Car Buying and Selling: The rise of online platforms like Jiji.ng, Cheki Nigeria, and CarPro Nigeria has transformed the car market by making it more accessible and convenient. These platforms allow individuals and dealers to list cars for sale, reach a wider audience, and provide buyers with detailed listings, price comparisons, and buyer/seller communication tools. Jiji.ng: This marketplace has a large inventory of both new and used cars. Its broad reach and user-friendly interface make it a popular choice for buyers looking to browse, compare, and contact sellers. Cheki Nigeria: Cheki focuses on connecting buyers with verified dealers and private sellers, ensuring that listed vehicles meet specific standards for quality and authenticity. CarPro Nigeria: This platform emphasizes transparency and trust by offering additional services such as vehicle financing, inspection, and after-sales service support. Impact on the Industry: Online platforms have democratized the car-buying process, provided price transparency, and made transactions more efficient. They also allow customers to bypass traditional dealerships, potentially lowering transaction costs. Consumer Preferences The purchasing priorities of Nigerian consumers are heavily influenced by economic considerations, infrastructure challenges, and social trends. Here are some of the most common factors that drive car-buying decisions: Fuel Efficiency: Given the rising cost of fuel and the need for economical daily commuting, Nigerians prioritize cars with high fuel efficiency. Compact sedans, small SUVs, and models known for low fuel consumption are particularly favored in urban centers. Durability: Poor road conditions in many parts of Nigeria necessitate durable and reliable vehicles that can withstand rough terrain and long distances. Brands like Toyota, Honda, and Nissan have earned consumer trust due to their reputation for building long-lasting vehicles that perform well even in challenging environments. Price and Affordability: Price is often the most decisive factor, given Nigeria’s economic realities. Many buyers turn to used cars (locally known as “Tokunbo”) due to their affordability compared to new vehicles. Financing options like hire purchase and vehicle loans have become critical in facilitating sales. Brand Reputation: The reputation of a brand plays a significant role in car-buying decisions. Nigerian consumers prefer brands with a track record for quality, easy availability of spare parts, and accessible maintenance. Toyota, for instance, has maintained a dominant market share due to its strong dealership network, durable models, and cost-effective servicing options. Maintenance and Spare Parts Availability: The availability of spare parts and the cost of maintenance influence consumer preferences. Buyers often favor brands with easily accessible and affordable parts to avoid high maintenance costs and delays in repairs. Conclusion The Nigerian automobile market is characterized by a dynamic dealership ecosystem, both online and offline, catering to diverse consumer needs. Traditional dealerships

Real Estate, Slide

Market Overview and Trends in Nigeria’s Real Estate Market

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Current State of the Market The Nigerian real estate market continues to demonstrate resilience despite economic headwinds. The sector, which has undergone cyclical growth and periods of downturn, is characterized by a mix of challenges and opportunities: Market Growth: The real estate market has shown modest growth, driven by increased demand for housing, urbanization, and commercial infrastructure needs. Cities such as Lagos, Abuja, and Port Harcourt continue to dominate market activity due to their economic significance and population density. Investments in residential housing projects, retail centers, and mixed-use developments are on the rise, with both private developers and government-backed initiatives seeking to address housing shortages and stimulate the economy. Price Appreciation: Property values have exhibited significant appreciation, particularly in high-demand urban centers. Factors such as infrastructure development, proximity to commercial areas, and improved road networks drive the demand for and pricing of properties. However, affordability remains a challenge for many Nigerians due to high inflation, mortgage inaccessibility, and the fluctuating value of the naira. Housing Demand: Nigeria faces a housing deficit estimated to exceed 17 million units, with demand concentrated on affordable and middle-income housing segments. This has prompted initiatives by government agencies, such as the Federal Mortgage Bank of Nigeria (FMBN), and private developers to explore social housing projects. Gated communities, luxury apartments, and high-end estates remain attractive for high-income buyers, while low-cost housing for average-income earners lags behind demand. Commercial Property Performance: Commercial real estate, particularly office spaces and retail outlets, has seen mixed performance. Prime office spaces in Lagos and Abuja generally maintain strong demand from multinational corporations, financial institutions, and tech startups. The retail sector, though impacted by COVID-19 and economic downturns, is regaining traction with the rise of modern shopping malls and the growth of e-commerce. Market Downturns: Market downturns are primarily linked to macroeconomic factors, including inflation, the devaluation of the naira, and inconsistent government policies. Economic shocks from global factors, such as oil price crashes, also impact purchasing power and investment in the real estate sector. Market Drivers Economic Factors: Inflation and Exchange Rates: High inflation and foreign exchange volatility have influenced construction costs and property prices, making both development and homeownership more expensive. GDP Growth and Oil Dependency: As a largely oil-dependent economy, Nigeria’s economic growth and fluctuations in oil prices significantly impact real estate investments and spending power. Access to Finance: Mortgage financing remains a hurdle, with high interest rates and limited access to formal credit reducing the ability of many citizens to purchase homes. Real estate investors often rely on personal funds or alternative financing arrangements. Demographic Shifts: Urbanization: Rapid urbanization, with significant migration to Lagos, Abuja, and other cities, drives the demand for housing and infrastructure development. The urban population growth rate far outpaces housing supply, fueling demand for real estate. Population Growth: Nigeria’s large and youthful population is a key driver for housing demand, necessitating investment in affordable and accessible properties to cater to a growing market. Policy and Regulatory Changes: Government Initiatives: Policies encouraging local housing development, such as tax incentives and land reforms, aim to improve accessibility and encourage investment. However, inconsistent implementation and bureaucratic bottlenecks often limit the impact of these reforms. Infrastructure Development: Projects like road expansion, new bridges, and public transportation improvements directly impact property values, particularly in urban and peri-urban areas. Conclusion The Nigerian real estate market remains one of the country’s most vital sectors, with considerable potential for growth despite facing economic and regulatory challenges. Key drivers like urbanization, infrastructure development, and demographic dynamics offer opportunities for developers, investors, and policymakers to address pressing housing needs and leverage market opportunities effectively. Investment and Financing Options in Real Estate Real Estate Investment Methods Rental Properties: Overview: This involves purchasing residential or commercial properties to rent out to tenants. Income is generated through rental payments, offering steady cash flow and the potential for long-term property appreciation. Benefits: Provides regular income, potential tax benefits, and the possibility of leveraging property equity over time. Risks: Challenges include managing tenants, maintenance costs, potential vacancy periods, and changes in property values due to market shifts. Real Estate Investment Trusts (REITs): Overview: REITs allow individuals to invest in large-scale, income-producing real estate assets through publicly traded shares. They typically own properties like shopping malls, apartments, and office buildings. Benefits: REITs provide an opportunity to invest in real estate without the need to directly manage properties. They are highly liquid and often offer dividend income. Risks: Market volatility can impact REIT values, and there may be high management fees depending on the trust’s structure. Property Flipping: Overview: This strategy involves purchasing properties at a lower price, renovating or upgrading them, and reselling at a higher price. It is typically pursued by investors aiming for short-term gains. Benefits: Offers the potential for high returns over a relatively short investment period. Risks: This approach requires substantial knowledge of the real estate market, good timing, and capital for renovations. Additionally, changes in market conditions can make reselling difficult. Crowdfunding Platforms: Overview: Real estate crowdfunding platforms pool investments from multiple investors to finance projects such as residential developments or commercial properties. Benefits: Allows smaller investors to participate in real estate projects with limited capital. Offers diversification, as investors can spread funds across different properties. Risks: Crowdfunding platforms can be riskier due to regulatory issues, project delays, or even project failure. Liquidity may also be limited compared to traditional investments. Financing Options and Mortgage Types Types of Mortgages: Fixed-Rate Mortgage: Interest rates remain constant over the life of the loan. This provides predictable payments, making it ideal for long-term planning. Adjustable-Rate Mortgage (ARM): The interest rate changes periodically based on market conditions. ARMs often start with lower rates but carry the risk of future increases. Federal Mortgage Schemes: In Nigeria, options like the Federal Mortgage Bank of Nigeria (FMBN) offer loans to qualified contributors of the National Housing Fund (NHF). Traditional Financing Options: Bank Loans: These include traditional mortgage loans offered by commercial banks. They often require a down payment, good credit scores,

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