#EndSARS: Class Struggle Vs Ethnic Conflict (LBS Executive Breakfast Session – November 2020)

Must Read

List of United Bank for Africa (UBA) Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number that usually identifies both the bank and the branch where an account is held. The sort...

How To Block Your Bank Account And SIM Card In Case Of Emergency

Losing your phone and wallet or having them stolen can be very frustrating. However, in case that happens to...

List of Access Bank Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number which usually identifies both the bank and the branch where an account is...
- Advertisement -

When in 1789 King Loius XVI asked his trusted aide about the crowd of protesters storming the Bastille prison “Is this a revolt?” Francois Alexandre replied saying “No sir, it is not a revolt, it is a revolution”. His wife, Queen Maria Antionette, had earlier said if the crowd could not afford bread, they should buy a cake.

It is in this context that we should look at the recent EndSARS protests as a wake-up call for structural economic change and pressing the reset button for economic reform. Some have erroneously diagnosed the protests as symptoms of an ethnic conflict whilst it is fundamentally a class struggle of young people who have lost any hope of prosperity.

#EndSARS Class Struggle Vs Ethnic Conflict (LBS Executive Breakfast Session – November 2020) Brandspurng

The Nigerian masses have been afflicted with rational ignorance which has mutated into rational irrationality. The riots may erupt again if nothing is done to address poverty, debt and low productivity. New investment is necessary and urgently needed to keep hope alive. Based on anecdotal and momentum analysis, our model is projecting an estimated total informal and formal economic loss of approximately $15bn in 2-3 weeks of mayhem.

Many traders and stores do not have insurance against civil unrest and commotion. Christmas is fast approaching and they cannot find forex to replace lost inventory. This is in addition to the climbing COVID infection rate.

Read Also:  Lagos begins EKO City Market to upgrade Agric Value Chains
- Advertisement -

These and other imponderables including the tenterhooks of an undecided US election are among the issues discussed at this month’s edition of the LBS breakfast session as well as its impact on your budget and strategy for 2021.

Click here to download the Class Struggle Vs Ethnic Conflict (LBS Executive Breakfast Session – November 2020)

- Advertisement -
#EndSARS: Class Struggle Vs Ethnic Conflict (LBS Executive Breakfast Session – November 2020) - Brand Spur#EndSARS: Class Struggle Vs Ethnic Conflict (LBS Executive Breakfast Session – November 2020) - Brand Spur

Subscribe to BrandSpur Ng

Subscribe for latest updates. Signup to best of brands and business news, informed analysis and opinions among others that can propel you, your business or brand to greater heights.

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Read Also:  Lagos begins EKO City Market to upgrade Agric Value Chains

This site uses Akismet to reduce spam. Learn how your comment data is processed.

#EndSARS: Class Struggle Vs Ethnic Conflict (LBS Executive Breakfast Session – November 2020) - Brand Spur#EndSARS: Class Struggle Vs Ethnic Conflict (LBS Executive Breakfast Session – November 2020) - Brand Spur

Latest News

Global Digital Advertising Spending to Jump 14% YoY and Hit $395B in 2021

Although the COVID-19 pandemic slowed the growth of digital advertising, online ads are still expected to increase their market...

Xiaomi shares slide despite positive third-quarter performance

Xiaomi shares slid 3.7% today in Hong Kong to HK$26.15, despite the phone maker’s positive financial and operating performance during the third quarter of the year. The...

Pandemic winners: HP and Dell report better than expected earnings

Both HP and Dell reported their earnings after the close of markets yesterday. The earnings were better than expected as the work-from-home trend lifted...

Manchester City 2020-2021 Squad Most Expensive Out of Top 5 Leagues

Football transfer fees have exploded over the last two decades with some of the top clubs not afraid to spend more than €100M for...

InfraCredit to Raise Fresh Capital

The Infrastructure Credit Guarantee Company (InfraCredit) has revealed plan to raise additional capital to fund critical projects in Nigeria. The unit of the Nigeria Sovereign...
- Advertisement -
BrandsPur Weekly Cartoons
- Advertisement -#EndSARS: Class Struggle Vs Ethnic Conflict (LBS Executive Breakfast Session – November 2020) - Brand Spur#EndSARS: Class Struggle Vs Ethnic Conflict (LBS Executive Breakfast Session – November 2020) - Brand Spur