Our Orientation As A People Will Never Allow Us To Produce Leaders Like Lateef Jakande Again

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In today’s Nigeria, there is no way that a Lateef Jakande would get elected into office. Jakande never gave out one bag of Rice, Garri, Elubo of tin of palm oil to anyone to get elected.

Jakande was a man of modest means and did not have the millions with which to bribe party delegates. Jakande also did not have an army of thugs at his beck and call with which to intimidate political opponents.

Our Orientation As A People Will Never Allow Us To Produce Leaders Like Lateef Jakande Again
Lateef Jakande

During the last Osun State elections, I recollect one of the APC leaders saying that the people came to them to mention that the PDP was handing out stomach infrastructure palliatives. They told the APC that it needed to follow suit if the party wanted their votes and it duly obliged. A man like Jakande would have told them where to go with their votes

When you look at Jakande’s infrastructural projects such as Lagos State University, his housing units, his refuse disposal plant, the ferry service etc, he had ample opportunity to steal millions but alas, the man was not interested.

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I am not aware of Jakande awarding any contract to his wife, siblings or family members. That is totally unheard of in Nigeria today.

If Jakande was a politician today, everyone would be calling him a fool and an idealist. The truth is that he would never get the party nomination of either the PDP or APC and even if he did, nobody would vote for him.

French philosopher Joseph de Maistre once said:

“Every nation gets the government it deserves.”

Lateef Jakande symbolises this perfectly. When we wanted to progress, we elected leaders like Jakande. Today, we all just want our share of the national cake, our short-term palliatives, contracts and our own cut, so we elect governors like Ibori and Gandollar.

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There are 109 senators in the National Assembly. Now, if you selected 109 Nigerians randomly at Oshodi market, you would find that their thoughts mirror those of the senators. It is a myth that Nigerians want good governance and the only problem with the country is bad leadership. Bad followership is arguably a far bigger cancer in our society today.

As a people, when we are ready for change, we will get it. At the last election, we all saw how nobody had the time for the policies Omoyele Sowore, Fela Durotoye and Kingsley Moghalu were outlining.

They were putting forward policies on health, education, housing, economic diversification, transport, security, etc but alas, the electorate was more interested in: “Wetin you bring us?” I believe the Nigerian elite are well within their rights to rob such ignorant people blind. It serves us damn right.

Written by:
Ayo Akinfe, born in Salford, Manchester, is a London-based journalist who has worked as a magazine and newspaper editor for the last 20 years. Ayo attended Federal Government College Kaduna and obtained his first degree in history from the University of Ibadan.
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Our Orientation As A People Will Never Allow Us To Produce Leaders Like Lateef Jakande Again - Brand SpurOur Orientation As A People Will Never Allow Us To Produce Leaders Like Lateef Jakande Again - Brand Spur

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Our Orientation As A People Will Never Allow Us To Produce Leaders Like Lateef Jakande Again - Brand SpurOur Orientation As A People Will Never Allow Us To Produce Leaders Like Lateef Jakande Again - Brand Spur

Latest News

Vivocom’s Group Game Changer – Multi-Billion Sand Project Secured

  • Initial contract worth RM3.79 billion for three years
  • Aspires to be a major industry player 'with exponential growth prospects'


KUALA LUMPUR, MALAYSIA - Media OutReach - 26 February 2021 - In a filing to Bursa Malaysia this evening, Vivocom Intl Holdings Berhad ('Vivocom') announced that V Development Group via one of its subsidiaries has secured a 'massive win' worth approximately USD934.7 million or the equivalent of RM3.79 billion.

Rain International Sdn Bhd ('Rain International') is a 97% owned subsidiary under the V Development Group which was recently merged into the Vivocom Group. The Company's proposed acquisition of V Development Group had been recently approved by the relevant authorities.

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Rain International is principally involved in the mineral trading and exportation business, supplying sand to its client mainly in Hong Kong and China for reclamation and construction works. The Company had recently signed a contract for the supply of marine sand for a minimum period of three years.

The contract is for the supply of sand to Zhen Hua Engineering Company Ltd-China Communications Construction Company Ltd-CCCC Dredging (Group) Company Ltd. (ZHEC-CCCC-CDC), a Joint Venture contractor appointed to undertake the main reclamation works for the Hong Kong International Airport Three Runway System Project.

Director Mr William Chan Ching-Kee said: "As the appointed agent for the ZHECC-CCCC-CDC Joint Venture, we are looking forward to the exportation of sand from Malaysia to our client in Hong Kong to commence without any further delay."

Dato Seri Chia is optimistic that the contract would be extended for another two to three years and could potentially generate revenue of up to RM6 billion.

"The sand business is a major boost because it gives us tremendous visibility. The potential revenue is huge, recurring and highly scalable," its jubilant CEO, Dato Seri Chia Kok Teong exclaimed.

"The potential for explosive growth in the sand business is real and tangible, and bodes well for the Group in the next few years."

"We are starting with 3 years but the contract can easily be increased to 5 years and beyond, with higher tonnage shipped every 6 months. The exportation of sand will increase sharply over time," he added.

Besides the reclamation works for the Hong Kong International Airport, the rapid pace of construction and reclamation works in China and Singapore also requires heavy demand for sand, which is a considerable boon to Malaysia.

"The market for sand export is extremely humongous and will fuel the Group's rapid growth for the next several years. The RM3.79 billion Win is the first of many more to come."

"I have in fact urged my team to secure up to RM10 billion worth of sand contracts by the end of 2021. This is part of our overall transformation strategy to become a multi billions conglomerate," declared Dato Seri Chia.

"It is our core strategy to strengthen and diversify the Group's revenues generation capabilities and capacities and not be too narrowly focussed."

"Presently, we are already in negotiations for another RM2 to RM3 billion sand contract. Once finalised, we will make the relevant announcement as per Bursa Malaysia's requirements," Dato Seri Chia elaborated.

The sand would be procured from an approved permit holder to export sand overseas, and sourced from concession areas in Sandakan and Sungai Beluran in Sabah and throughout Malaysia.

"Even with this massive sand contract already secured, we will not be complacent. I have earlier promised to transform Vivocom into a behemoth Conglomerate and I will work non-stop to deliver on the promise," Dato Seri assured.

Since Dato Seri Chia's entry into Vivocom in January 2020 when its price was at 15 cents, the share has climbed sharply and last closed at RM1.06 on Thursday, 25th February 2021.

"I am very optimistic that Vivocom shares will continue to grow strongly and be worth a lot more than presently over time. I'm proud to say that we are no longer a penny stock," he reflected.

"My team is totally committed to building Vivocom into a reputable and profitable public company, one with solid fundamentals, sustainable profits and healthy cashflows."

"As a priority, we will work towards getting the Group elevated to the Main Board of Bursa Malaysia and be a dividends-paying company soonest possible," quipped Dato Seri.

To show his commitment, Dato Seri Chia has undertaken a voluntary self--imposed moratorium (or SIM) in that he will not dispose his personal stakes in Vivocom for the next 3 years. This will ensure the company's long-term price stability and sustainability.

"We want a stable and strong share price so that the Company can use its shares with its high liquidity as a currency for M&A activities to fund and fast-track expansion and growth," he explained.

"A strong share with high liquidity is a most valuable and prized asset. We will use it to buy Companies with game-changing and disruptive strategies. To look for the Next Big Thing."

"The enormous followings in the Company are what is driving in tremendous liquidity and momentum giving our share price added impetus," Dato Seri proudly asserts.

"We aspire to emulate Berkshire Hathaway strategy started over 40 years ago by Mr Warren Buffet. Mr Masayoshi Son built SoftBank Group of Japan along the same philosophy and Alphabet in US adopted similar strategies."

"These three companies are presently amongst the most valuable and admired companies in the world. I have the same dream for Vivocom. I am determined to leave behind an enduring legacy for all our valued shareholders," concluded Dato Seri Chia.

Our Orientation As A People Will Never Allow Us To Produce Leaders Like Lateef Jakande Again - Brand Spur
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