Home ownership: features youths look out for in Kenya

By Nation.co.ke (DELFHIN MUGO)

For George Watoro, a 26-year-old accountant with a Nairobi-based accounting firm FGC Kenya LLC, owing a home is something that has crossed his mind severally, mostly driven by the need to secure his future and that of his family (when he gets one).

His only setback, he says, ready to purchase homes are out of his reach and the mortgage market is prohibitive. “I think the housing market is extremely overpriced,” he decries.

Looking from what he deems reasonable, where the house sale price versus annual rental amount ratio is over 20, he believes he is better off renting.

For example, according to Hass Consult Q4 2018 property index, a development in Donholm priced at Sh15 million fetches about Sh60,000 in rent while a mortgage repayment for the same house would be about Sh175,000 paid over a period of 20 years.

Kenya is said to be a relatively young country, with United Nations estimating that there are more than 9.5 million young people, accounting for more 20 per cent of all Kenyans.

Bearing this in mind, experts concur that such a huge population cannot be left out when major decisions like housing developments are being made.


When it comes to housing, there is no better place to start than understanding young people’s needs.

Watoro says his preferred journey towards home ownership is the rent-to-own-model. “I have been talking to people and I have come across some options. I could choose to be paying rent at Sh15,000 a month or I could be paying for the same house Sh35,000 a month and at the end own it.”

Currently, because he has no family, all Watoro wants is a two bedroom apartment house or a fairly priced stand-alone house in a location close to his workplace.

“The only problem with stand-alone houses is that they tend to be far off from my area of operation and traffic does not help the situation, so a two bedroom apartment will serve me for now. Later when my income grows and probably with a family, I will look for a bigger house,” he says.

Asked about his ideal affordable home, Watoro says, “I have a Sh5 million ceiling and I am looking at 10 years for the payment period. Looking at my salary, I am willing to part with around Sh50,000 a month as instalment.”


Late last year, DN2 met Doreen Mutiga and Pauline Kasuki at a title deed handover ceremony in Kikopey, Nakuru County, for a project named Kikopey Ridge Phase One by real estate firm Property Reality Company (PRC).

At the fanfare-filled ceremony, some investors of 300 quarter-acre units were issued with title deeds.

What was striking about Doreen and Pauline is the fact that they did not leave their selfie stick behind when they came to collect their title deeds, perhaps the clearest indication of where they fall in terms of age group.

“We started saving via a savings and credit co-operative (Sacco) while in college, a move that enabled us to buy our first property one year after graduating from college in 2010,” Kasuki told DN2.

For then, the eight-year-long journey investing in property is fuelled by the need to safeguard their children’s future and the sad reality that women in most African communities rarely inherit property from their parents.


They told DN2 that the two properties in Kikopey, one for each, is their fourth in line, revealing that they will be embarking on developing the pieces of land already acquired.

“We are still in progress. For now we are comparing bids from different contractors to see what suits us. Most of what we are getting is way out of our means,” said Pauline when DN2 caught up with them last week.

For the young duo, key among the factors that will influence the decision on where to settle down with their family include location, accessibility, security, and availability of social amenities such as schools.

Having been in real estate for these years, Doreen says she would prefer constructing her own house as opposed to buying a ready one.

“If I decide to buy a house I am sure it won’t meet most of my requirements. For example, I would love to have a spacious house and a kitchen garden. There is also the possibility that I will be sharing some amenities with my neighbours, something that doesn’t excite me,” she says.


Pauline agrees with her friend, adding that the need to bid landlords and their pesky agents goodbye is yet another reason she can’t wait to have her own place.

For the years that Sally Kimutai, a property consultant with Mahiga Homes has been dealing with young home hunters, she can confidently classify them into two categories.

“There are those who buy houses as investments and those who want to live in those houses. In other words, they are looking for a home so that they can save themselves the trouble of paying rent,” she offers.


Still, when it comes to home hunting, young people present their needs based on age.

“Those in mid-thirties have their children’s welfare top on their list of considerations. So, presence of amenities like a children’s playing area and swimming pool will be key for them,” says Kimutai.

“They also look at security, which is largely influenced by the location and the size of the house. For instance, nowadays people prefer to have a big sitting room with an open plan kitchen. Spacious bedrooms are also key,” says Kimutai, adding that interestingly, even when they are buying for investment, they tend to buy the same type of house designs.

“Most in their mid-thirties come looking for a three or four bedroom house depending on the size of the family,” she adds.


Young people below the age of 30 years have no problem snapping up apartments, with Kimutai saying that they make up for the highest consumers of studio houses.

“For some reason, they still want to live close to their neighbours, and privacy is not a major consideration for this group. Nevertheless, a mere apartment is not enough for them, for they want ‘what else comes with the package’.

“For example, does the apartment have a lift? Is there a swimming pool or a gym? What about internet services? Basically, their hunting is designed around an apartment that provides them with a fast-paced lifestyle,” she says.

Additionally, most young people tend to prefer living near towns, Kimutai reveals, mostly driven by the peer mantra of responding to the ‘where do you stay question’.

“The older age group is more interested in a place where they basically own the land — they love own-compound homes,” offers the property consultant.


Asked whether the market is responding to these needs, Kimutai answers in the affirmative, observing that there are several developers who are putting up apartments with these extra amenities, such as gated communities set ups.

One big difference Kimutai has noticed over the years that sets the older and younger generation apart is the fact that the older generation really understand the value of real estate.

“I think it stems from experience. The older generation know what they want and it is very hard to convince them otherwise. Most will actually come to you knowing what they want beforehand” says Kimutai.

But the young generation is indecisive. “If you ask a young person to put some money in real estate, promising some returns after a period of time, most will be sceptical,” the property consultant says.

“One is likely to ask you, “you mean if I put that money in unit trust I won’t make more money?” So, they usually have all these other options.”


She adds that for most young people, owning property doesn’t seem like the ultimate goal.

She is however hopeful most will come around when they learn more and appreciate the value of real estate.

With the country facing a backlog of over two million houses, a figure that calls for more than 150,000 units every year according to Kenya National Bureau of Statistics, the government is taking deliberate steps to provide housing.

Through the ‘Affordable Housing’ pillar, it intends to adopt the rent-to-own model to provide half a million affordable houses.

“For me this is a welcome idea. I have already registered and I am looking forward to seeing how they will price those houses,” says Watoro.

Among his friends, he says, he is also championing the idea of forming a chama with one goal in mind: to use it as a housing investment vehicle.

Gangs to gardens: Kenyan youth shun crime to create green spaces

By Reuters.com (Thomas Bwire)

NAIROBI, Kenya (Thomson Reuters Foundation) – As a young man, Moses Muchina used to rob people who were unlucky enough to have to cross through the Kenyan slum of Korogocho after dark.

Until a few years ago, People’s Park was a dumping site in the slum northeast of Nairobi – filled with garbage and even human waste – and a crime hotspot.

“Women’s handbags and mobile phones were our key targets,” said Muchina.

With nearly one in five Kenyan youth unemployed, according to the World Bank, car jacking, burglary, and robbery with violence are common across Nairobi and its slums.

But today, People’s Park is no longer a “no-go zone”, as Muchina called it. With well-manicured grass, stone paths and trees offering shade from the scorching sun, it has become a popular spot for Korogocho residents to meet and play.

And it was Muchina, along with a group of former gang members, who led the transformation.

As co-founders and mentors of the youth-led volunteer group Komb Green Solutions they have been cleaning up public spaces in and around Korogocho for the past two years.

Local residents say they now feel safer, and officials credit the project with helping reduce the rates of robbery and homicide in the area.

“Many of our children were killed as a result of engaging in crime,” said Phelistus Libulele, who leads a weekly meeting for community health volunteers in the park.

Before the Komb Green project, she used to have to rent a venue so the group could meet safely.

“That narrative has now changed for the better of our future generations,” she said.


What Muchina described as his “wake-up call” came in 2017, when he noticed crime levels rising in the area.

Over the span of a few years, several young men he knew from the area were lynched by members of the public or gunned down by the police, he said.

Muchina thought that if young people could focus on “meaningful activities” that could keep them away from crime and prevent more deaths.

He was working in construction at the time, having picked up some masonry skills when he spent time in prison for gun possession, and also attended police-run forums to help reform ex-gang members.

He started asking people at work and at the forums if they would volunteer some time to tackle the garbage that was making the local park unusable.

One who took him up on the offer was Frederick Okinda, now chairman of Komb Green Solutions.

“I got into crime while in high school,” Okinda said. “I used to see my friends with loads of money, and that tempted me even more. I was very stupid at that time.”

It was after he lost his tenth friend in a police shooting that he finally decided he had to find a way out of crime, and ended up at the police forum where he met Muchina.

The two gathered a group of 16 men and women, some of them former gang members and sex workers, and with donations from local residents bought the tools they needed to start their first clean-up project.

Today, Komb Green Solutions – whose name Muchina said is a call for young people in Korogocho to “comb away” their involvement in criminal activities – has grown to about 70 members.


Korogocho area chief Omache Nyabuto said that while there are no reliable crime rate figures for the slum, he has seen reports of serious crimes drop in the two years since the group cleaned up the park.

Nyabuto stressed that there are also other factors behind the growing peace in the area, but said the park has had a huge positive effect.

To get even more benefit out of the space, he has launched a personal campaign asking people to donate small stalls so that Komb Green members can make money selling drinks and snacks to people visiting the park.

He is also working to convince internet service providers to install WiFi in the park. “That will help youths look for job opportunities online and help them interact with the world,” he said.

In March, local non-profit Public Space Network recognized the impact of the People’s Park by granting Komb Green Solutions a first prize of 100,000 Kenyan shillings ($1,000) in its competition for youth-led initiatives transforming public spaces around Nairobi.

“These projects help (young people) turn away from crime because they have something meaningful to do and make an income,” Anna Tehlova, coordinator of the Public Space Network, told the Thomson Reuters Foundation.

“The projects also help challenge the (negative) stereotypes that the community and the police have of youths.”


Maryvine Nyanchoka, environmental officer for the Westlands constituency in Nairobi county, said youth-led groups have so far transformed over 110 neglected areas around the city into safe public spaces in the past three years.

The government recognizes the need for more open public spaces, she said, but often new parks quickly become a target for developers who use illicit means to buy up the land.

As an example, Nyanchoka pointed to a local cemetery that had become an illegal dumping site. Last year, local authorities transformed it into a playground.

“Now, I am told the land is like a hot cake, many people want it,” she said.

Part of the problem, Nyanchoka said, is the Nairobi county government has no environmental policy to address factors such as land ownership, air quality and waste management, which would help in its goal to turn more neglected green spaces into parks.

She and her department are currently working on one, she said.

In the meantime, Komb Green Solutions is going to keep doing what it can to increase the number of green spaces around Nairobi, Muchina said.

The group has identified five other spots to clean up this year.

That means five more communities who will have a new space to help them feel safe, he said.

“I like the fact that our children are not engaged in illegal activities (anymore),” he said.

“The story has changed over time.”


By Plustvafrica.com (Fadekemi O)

Apparently Nigerian youths are now engaging in a new ponzi scheme called Loom.

According to Daily Mail, ‘the Loom scheme has surfaced online all over the world, with names such as ‘loom circle’, ‘fractal mandala’ and ‘blessing loom’.

Premiumtimes reports that the first step of the process is being invited to join a WhatsApp group chat, usually by a friend or relative.

Then you are asked to ‘invest’ N1,000, N2,000 or N13,000 with a promise that you will make eight times the amount back once you recruit new entrants.

After you have paid in the money, you are asked to invite at least one person to join the system.

There are four levels in Loom Nigeria – Purple, Blue, Orange and Red.

Each time eight people join the loom, the person in the centre (Red) will get the target amount and leave the group.

Netsafe CEO Martin Cocker has warned that the scheme is just a pyramid scheme disguised as something new.

Mr Cocker said the ‘loom’ is one of the first scams that has been seen to spread successfully on social media targeting young people who won’t recognise it as being a pyramid scheme.

‘Any scam targeting people through social media is effective, because as you receive contacts from people you know, you lower your guard,’ Mr Cocker said.

‘It would be pretty easy for a scammer to release a similar kind of programme and release it into social media and see how far it can go.’

Be warned!

Curbing the sports betting menace in Nigerian youths

By Qwenu.com (Jerome-Mario Utomi)

Talking about young people, human development experts have described the stage as a moment of the storm, a stage in the developmental growth where young adults would want to explore and express self, as well as want to know more about the world.

This uncensored urge naturally comes with inherent challenge which adversely affects the youth’s education and promotes social vices such as premarital sexual escapades, instant gratification, the proliferation of fake news, and erosion of societal values.

But looking at recent commentaries, it’s no more an overstatement that our effort to create a more humane nation has recently witnessed a setback with the advent of sports betting on our shores.

This should however not be construed as a prediction of doom.

To explain; sports betting as a form of lottery or game of chance is neither restricted to a particular age nor sex but fueled by the grinding poverty and starvation with which our country is currently afflicted.

In this context, there is nothing essentially wrong with sports betting if well regulated, but looking at the number of minds so far corrupted, and ‘destinies’ destroyed by this game, it becomes unfortunately true that like a turbulent ocean beating great cliffs into fragments of rocks, so has sport betting submerged our countrysides – bringing social, moral, cultural, and economic devastation upon our youths with their future now hanging on the balance.

Given this preceding awareness, nothing becomes more self-contradictory than the realization that its operation is backed by an enabling act. Interestingly as it appears, the act among other things provide for the establishment of the National Lottery Regulatory Commission charged with responsibility for the regulation of the business of national lottery in Nigeria as well as the establishment of a National Lottery Trust Fund.

Similarly, while some pro-sports bet advocates have argued that it cannot be called a gamble as it has a regulatory agency; others at different times and places expressed similar sentiment saying that; since the winnings of sports bet are usually predicted on outcome of legitimate games of soccer, addressing sports bet as a gamble cannot square up with logic as no good means can give birth to a bad end.

Arguably a well-chiselled position particularly when one remembers that sports betting provides a means of livelihood for the teaming operators. But before celebrating the vision and wisdom behind the above, it becomes more important that Nigerians first look at the crowd of young adults that daily fraternizes with sports betting centres, review some ‘exiting progress’ recorded in this direction, and instincts coming from the larger society.

Going by reports, the cold truth is that beyond this advantage, its negative psychological effects such as; loss of fortune, loss of businesses, depression, death through suicide, assassination or heart attack, loss of sleep (insomnia), insanity, marital problems between the gambler and the young spouse as the gambler is always temperamental and agitated – on our youths, outweighs the usefulness.

But, even more, some well-meaning Nigerians had recently begun to question its usefulness to national development in the face of sterling beliefs that sports betting acts as a gateway to and possesses the capacity for luring addicted players into criminal acts such as internet crimes (yahoo-yahoo in the local palace) and armed robbery.

The questions that now confront us as a nation are; how did parents suddenly lose control over their children to yield obedience to the power of sports betting? How many of the youths in Nigeria would overcome the temptation currently posed by sports betting? Who will stop those that cannot apply the virtue of moderation? Shall we entrust the future of our youths to the present regulators? Or must we as a nation allow the useful and the useless like good and evil go on together allowing our nation to reap whatever fruit that comes in the nearest future?

For one thing, if an attempt is made to provide answers to these questions, it will definitely establish a link between the proliferation of sports betting centres and the high unemployment challenge in the country.

My reason is not far-fetched.

The unruly behaviours of some youths notwithstanding, the lack of political will on the part of the government to tackle the unemployment challenge in the country from its roots, or see the urgent necessity to cease politics and turn outwards to look for constructive and creative channels to fight the enemy called unemployment in the country contributes to the ever-increasing number of youths that throng different sports betting centres in all the major cities of the federation.

But this may not be the whole explanation.

Nigerians have learned through painful experience that greed, peer pressure, and laziness among some of these youths have conjoined to give a boost to this newly adopted culture by our youths.

In my views, this is a clear socioeconomic problem that we collectively as a nation will have to determine how to solve- as the future strength of our nation depends on these young people.

To get started, apart from coming up with more efficient regulatory framework, government at all levels – federal, state, and local government areas must take politics out of our education and concentrate on empowering the youths through creation of jobs that will keep these youths gainfully engaged as well as prepare them for jobs of the future – the leadership of our nation.

In addition to the above, skills acquisition for these youths and financial empowerment to those trained and actively regulating the business activities of this lottery outfits will be another step taken in the right direction by the government.

On their part, faith-based organizations and the civil society groups as change-agents should develop the people’s capacity to welcome new ideas, reject unwholesome behaviours that can endanger individual lives and that of the entire society.

Finally, let every youth in the words of Mahatma Gandhi develop a habit of accounting for everything that comes into, and goes out of his/her pocket and be sure he is the gainer at the end.

Life & Style: Reshaping the Mindset of the Nigerian Youth

By Thisdaylive.com (Sunday Ehigiator)

Sunday Ehigiator reports that the 2019 Youth Empowerment Programme of the Rose of Sharon Foundation was tailored towards ‘Reshaping The Mindset of The Nigerian Youth’

There is a close inter-dependency between a person’s mindset and his or her behavior. Each reflects an important component to the change process. Mindsets can either be intellectual or emotional elements that affect our perceptions, interpretations, and actions. They guide what we think and how we feel about people and things.

Mindsets are formed by a combination of organising models, values, beliefs, preferences, and attitudes. Because actions are typically based on a person’s thoughts, feelings, and priorities, most behaviours have a mindset behind them that is used to justify the person’s perspective at the moment.

This premise recently gave room for discussion for all entrepreneurs; including aspiring entrepreneurs, to have the right mindset of possibilities in their quest for growth and success.

The event was the 2019 Youth Empowerment Programme organised at Yaba College of Technology Lagos, by the Rose of Sharon Foundation (RoSF), which was themed ‘Reshaping The Mindset of The Nigerian Youth’. The event which recorded a massive attendance of over 2000 entrepreneurs and aspiring entrepreneurs, likewise provided a window of opportunity for all in attendance as IT experts and other successful entrepreneurs took turns to orientate all present, accordingly.

Step in the Right Direction

In her welcome address, the Founder, RoSF, Mrs. Folorunso Alakija noted that with the growing rate of unemployment today among the youth, and pressure from friends to take shortcuts to attain success, it was imperative for all concerned to begin to focus discussion on their mindsets. According to her, “the youth are our future, hope and also those we would be handling the success baton to. But a lot of things have continued to decay in our present day society.

“Impatience seems to have become a norm among our youths. We need to start talking about this because these are our future leaders. The future of this great nation belongs to them. As you all know, this event used to be exclusive to youths registered under our foundation before now, but we realised that this is something that would be very beneficial to everyone; hence we decided to throw it open to all. I specially welcome you all in attendance to this great event. As an entrepreneur or aspiring entrepreneur, you need the right mindsets to excel. You need quality mentoring and don’t have to follow shortcuts, because it would only lead to destruction.

“The theme for today’s programme is ‘Reshaping the Mindset of The Nigerian Youth’. It is step towards the right direction and a better future. The United Nation regards youths as a person between the ages of 15 and 24 without prejudice to other definitions by Member States. This is so because this age bracket is considered to be when we are most active as humans. We need to begin to work on the mindsets of our youth especially in this age and time when they are exposed to several societal vices like prostitution, cultism, drug trafficking, hooliganism, examination malpractices, rape, drug abuse; the list is endless.

“We must begin to instill the right mindset of education, hardwork, entrepreneurship, tenacity, patience, contentment in our youths so they can attain the future they best desire. If you are here, you are in the right place at the right time and in the right hands. Among other people that would be sharing vital information, that you need to succeed, with you all today is the Head of Department, Marine Science Department, University of Lagos, Dr Onyema Ikenna Charles; Certified Value Chain Expert, Agribusiness Development Coach, Adeniyi Solabunmi and Certified HR Consultant, Motivational Speaker and Life Coach, Gbobaniyi Olushola.

“Always know that you can be a successful entrepreneur without getting involved with crime if you endeavour to get skilled, educated, and cultivate a right attitude and have the mindset.”


Speaking on the theme of the event ‘Reshaping the Mindset of The Nigerian Youth’, Gbobaniyi decried the trend of impatience and lack of discipline among the Nigerian Youths. According him, “I laugh when I hear some youths speak in some kind of ways. I say a guy who hasn’t taken time to learn the craft of music and master it, just want to go into music because according to him, he wants to be like Davido, and have all the money to spray about. It doesn’t work that way.

“Know that everything is a gradual process. You can’t just be a master without first being an apprentice. You must begin to change that mindset of shortcuts. Fine, I hear youths saying they want to leave the country for America or other European countries and I ask them, when you get there, what will you be doing? What is that skills you have acquired that you think it is enough to provide for your needs there. It is never easier out there, ask some of us that have been there.

“In fact, the cost of living over there is very expensive and that is why you see people working round the clock just to keep up. Isn’t it better you remain in your country and solve a problem that would fetch you wealth till eternity, than go there and begin to live as a second class citizen in penury? We must begin to change that mindset. And as youths, always know that there is no easy way to success. You must work for it. I am sure some of you may think Madam Alakija just all of a sudden became the richest in Africa; No. Go and check her history. There must have being a time she conceived in her mind that this is who she want to be, and she began to take steps towards it. But it all began with her mindset. So work on your mindset. If you can think it, you can have it.

“And you all must know that you are Nigerian for a reason, and it wasn’t your decision. You had no control over who your parents should be nor the country you should be born in. But you must have control over your mindset by firstly re-engineering your mindset that you can make it in Nigeria and be great here. Secondly by learning from the mistakes of our fathers and avoiding a repetition. Thirdly by applying what I call KEY; meaning, Keep Educating, Yourselves. Fourthly, by finding your purpose, and stop living other peoples life. And lastly by starting small but thinking big.”

Monetary Doctrine

Adding his voice, Real Estate Merchant, Mr. Onifade Olarotimi said, “One mistake most entrepreneurs make and why they crumble even before starting is that they borrow to start business. Don’t ever borrow to start a business you are just beginning. When you do that, you have already killed the business even before you started. No matter how well you thing you have learnt about the business, start with your money. You can borrow to grow the business, but never to start it. Even the bible makes it clear that the borrower remains a slave to the lender, so save up to start it. Start with your own money. But another problem we have among our youth is that they don’t know how to save. They don’t have a savings habit. Let me teach you my monetary doctrine of five jars.

“Once you earn any money, open five jars. The fist jar is your 10 per cent tithe if you are a tither. The second is for charity; hence whenever anyone asks you for help, it is from there you touch, and once it is finished be disciplined not to touch other jars to solve other people’s problem. I know there may be some exceptional cases, but they are rare. So be disciplined and learn to say you don’t have when you don’t have and not wanting to please people, thereby going to touch money from other jars.

“The third jar is your savings. It is biblical that at least 20 per cent of whatever you earn should be saved. So save your 20 per cent on any income. The fourth jar is for investment. Note that investment is different from savings. Investment is that money you input into a business to make more money while your savings is stagnant, and only grows by adding more savings or when you get interest from your bank on what you save. So invest your money even as you also saving. Then the the fifth jar expenditure. That one you can use to take care of your personal expenses and bills.”


Also speaking, Life Coach, Mrs. Oluwadamilola Coles expressed her delight with the turnout of young entrepreneurs to the event especially, female entrepreneurs. According to her, “I am so happy to see a lot of women in this hall because I am a living testimony of self dependency. By my family history, none of my parents has a divorce history but when mine happened, I took it as fate but it was easy for me to cope with it because I had something doing. I had a job to feed myself and children and take proper care of them more than I could ever had imagined. So you all must be equipped mentally.

“I know for those born in this part of the world they have tendency of looking down on themselves a lot, but you have to fight yourself out of that notion that you can’t make it here in Nigeria. There are several things you can do and several genuine business you can go into and start with less capital. But first you must have a mindset of wealth creation. Remember that you are attracted to what your mind sees. In this country, it is either you have money or you have the right people. If you don’t have either of the two, then you are out of the game.

“Don’t do business as if you are doing someone a favour. Know that business is about solving problems, so factor in the people’s financial power, age, sex, and needs before deciding on what business to venture into. Then when you go into the business, study your competitors, know what they aren’t doing too well and improve on it. Also work on your packaging and delivery; very important. It all begins with the mind, but also pay attention to your health. To these ends, I will also add to what was earlier said by one of the speakers; keep a jar for your health because it is only when you have good health that you can work.”

Maximising ICT

Speaking on how ICT can be maximised by entrepreneurs, ICT Expert, Michael Agboola said, “ICT can be utilised in numerous way. Aside deploying it for branding, marketing, and the rest, you can likewise acquire several skills on it free of charge. You can learn for instance how to do online marketing yourself, and some other skills free of charge on http://www.g.co/digitalskills and would be certified. So maximise ICT as much as you want to grow,” he said.

Another high point of the event was the introduction of three orphans; Doyinsola Popoola, Dr Opeoluwa Akinyemi, Hammed Mabadeje and Dr Antonio Moturayo, who were sponsored through school by the Rose of Sharon Foundation, as they had a brief chats with the participants, where they shared their inspiring experiences through life with participants to motivate them to be a success.

Of a truth, participants were inspired from the experiences of Doyinsola Popoola, who graduated with a first class from University of Lagos, and went to win an internationally funded project, to that of Hammed Mabadeje, who lost his both parents at a very tender age and had to drop out of school, till he encountered RoSF who saw him through a foreign university, where he later graduated with a second class upper and now an entrepreneur who deals in exotic cars, among other experiences as shared.

Entertainment: Davido hints on going into politics

By Urowayino Warami

Pop sensation, Davido has hinted on the possibility of getting involved in politics. The OBO revealed this during an interview with Channel 4.

According to the Fall singer, there are things that are not done the right way in the Nigerian political sphere. He said; I might probably go into politics, if I’m not in it 100 percent I might just be around it. “There are a lot of things going on at home that is not right.”

Also convinced he can bring a change to the game if he gets into a political position, he further said; “If I’m in the right position there is a lot of things I will do differently.”

Recall that when the music superstar took part in the mandatory National Youth Service Corps(NYSC) scheme in 2018 many said it was a step towards a political ambition for the singer.

Source Vanguard Nigeria

Nigeria: Success Nuggets at Stanbic IBTC Youth Leadership Series

The Stanbic IBTC Youth Leadership Series might have come and gone but the lessons learnt lingers as it was an opportunity to impact in the youths on success nuggets that would give them tangible deliverables.

The facilitators were drawn from a rich pool of eggheads as they include award winning filmmaker, Kemi Adetiba; innovator, agriculturist, and entrepreneur, Onyeka Akumah and Abisoye Ajayi-Akinfolarin, programmer and a CNN Heroes award winner. These trio over the weekend in Lagos shared valuable success tips with an appreciative audience at the 2019 Stanbic IBTC Youth Leadership Series (YLS).

Stanbic IBTC, Nigeria’s leading end-to-end financial services provider, said the youth empowerment motivational series was conceived as a way to energise, through deeper engagement, the entrepreneurial spirit in young Nigerians while helping to build the next generation of leaders.

Chief Executive, Stanbic IBTC Holdings PLC, Mr. Yinka Sanni, said the YLS is a platform to engage the youth, a critical and vibrant segment of the population that will not only help to drive its sustainability but also help shape the future of the nation.

“It is clear to us that sustainability of our brand is very important. However, we do appreciate that our future is closely woven with that of the energetic, innovative and hardworking Nigerian youth.
“It has been from the very beginning considering that the Stanbic IBTC brand, which is 30 years this February, was set up in 1989 by an innovative and audacious 33-year old Nigerian, Mr Atedo Peterside,” Sanni said while welcoming participants to the event.

“Where others see young millennials, we see business leaders, successful entrepreneurs; we see scholars, innovators, and high profile professionals with whom we are honoured to partner,” Sanni added.

According to Sanni, Stanbic IBTC’s youth-centric focus is evident in its support for a number of initiatives directed at the youth as well as its establishment of programmes such as the YLS that help to engage the youth at a deeper level. Some of such initiatives include the Stanbic IBTC innovation lab in Yaba, Lagos, set up to support techpreneurs, financial technology firms and startups; sponsorship of the Higher Institution Football League and being a major sponsor of the yearly Social Media Week, among other youth-oriented initiatives.

The three speakers, Akumah, Ajayi-Akinfolarin and Adetiba, agreed that the most important ingredient for success is knowledge acquisition through education. Ajayi-Akinfolarin narrated how she defied her parents and risked her life in her quest to be educated.

The need to hone one’s skill(s) is also critical. Their ability to identify their passion early on and work on them propelled the trio to success.

For Adetiba, she had a flair for entertainment, despite her training as a lawyer. It was coding/programming for Abisoye and farming for Onyeka.
According to the trio, success is not instantaneous but with hard work, focus, resilience and a positive attitude, success is guaranteed. Then they also talked about the discipline required to remain grounded when success is attained.

Chief Executive, Stanbic IBTC Bank, Dr Demola Sogunle, who gave the closing remarks, said he believed that vital lessons had been learnt and that he hoped the youth have been inspired and motivated through the shared experiences and achievements of the three speakers.

He assured that Stanbic IBTC will continue to seek quality platforms such as the YLS to engage the Nigerian youth.
Stanbic IBTC Holdings PLC, a full service financial services group with a clear focus on three main business pillars – Corporate and Investment Banking, Personal and Business Banking and Wealth Management. Standard Bank Group, to which Stanbic IBTC Holdings belongs, is the largest African bank by assets and market capitalisation.

It is rooted in Africa with strategic representation in 20 countries on the African continent. Standard Bank has been in operation for over 155 years and is focused on building first-class, on-the-ground financial services institutions in chosen countries in Africa; and connecting selected emerging markets to Africa by applying sector expertise, particularly in natural resources, power and infrastructure.

Source This Day Live