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Equianoism Resourceful Equianism Resourcefulness

Ngozi Okonjo Iweala Appointed Into South African Presidential Council

Our own Dr Ngozi Okonjo Iweala has just been appointed into the South African Presidential Economic Council.

The woman is a brilliant achiever, just like Chimamanda Ngozi Adichie. They both keep adding international feathers to their caps, or is it wearing many caps.

The Yorubas say when a child washes his hands well they will eat with elders.

Wait o. Both of them are named Ngozi, which means blessing in Igbo language. Are you guys thinking what I’m thinking?

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Equianoism

How Igbos Get Rich Hawking Gala: Case Study + What Governor Fayose Did

When Chinedu Okorafor arrived Lagos in 2016 to make it and not to count bridges, he arrived with the following earthly possessions: ₦1,000, two jeans trousers, two shirts and a bagco sack bag.

Inside the bagco sack bag were his toothbrush, comb and a few other personal effects.

But Chinedu Okorafor also carried along with him the Igbo success DNA called Equianoism – a determination to succeed through resourcefulness, inspiration and/or generosity.
Once Chinedu arrived Lagos, he started hawking Gala sausage rolls, popularly known just as gala. It was not a get-rich-quick scheme: he was making a profit of just ₦5 on each gala sold.

Opera News quotes Chinedu as revealing that he used to sell an average of 300 packets of gala daily, thanks to the the huge Mile 2 traffic. He would run after cars, selling them gala.

So, let’s do a little calculation: 300 packets of gala multiplied by the ₦5 profit for each unit adds up to ₦1,500.

That’s how much Chinedu realized daily. So, monthly, Chinedu was raking in about ₦40,000. He wasn’t an office worker, but he was making this in every month!

After 6 months Chinedu became restless to expand his business. After some market research he moved to Oshodi.

That was a masterstroke as he started selling over 10 cartons daily
That was a masterstroke as he started selling over 10 cartons daily. That meant he was now making about ₦150,000 each month!

When Chinedu travelled back to his village for the annual Christmas break , he spoke to many unemployed youths in his village about making an income from selling gala in Lasgidi. Several of them were convinced by his pitch.

In January, he returned to Lagos with 12 young men who were willing to hustle hard in the gala business.

His suppliers, convinced that Chinedu could make them lots of money sold gala sausage rolls to him at wholesale price. Chinedu then resold to his 12 employees with 30% off their supposed profit.

Everyone was happy.
Chinedu would provide these 12 with accommodation and dinner in the early days.

Chinedu chose to continue running after cars in the Lagos heat hawking gala like his recruits instead of settling down in a cosy air-conditioned office.

By the end of 2018, Chinedu’s 12 had become 100 enterprising men and women.

He now makes more than ₦500,000 monthly (around ₦3,000 from each of the recruits under him, that is ₦300,000) plus another ₦250,000 in direct sales from his personal hustle.
Now he has expanded into Pure Bliss wafers, plantain chips and even drinks.

Snack and beverage manufacturers now approach him with juicy discounts so he can sell off their products.

His town is happy that one of its sons, though not a government official, has provided means of income for a good number of its sons and daughters.

Ted Talker Robert Neuwirth was right when he said the Igbo apprenticeship system is the world’s largest business incubator.

This is just one example of that gigantic business incubator in action.

A Call For Non-Igbo Governors To Imitate Fayose

Others can learn the Igbo trading model. Then Governor Ayo Fayose once sent some youths from Ekiti State to Onitsha to learn trading from Igbo traders.

This is something other non-Igbo state administrations can do. Not everyone will succeed because not everyone is interested in trading business (some might prefer a cosy office in some big business corporation).

But those who are interested and commited would learn some useful income-generating skills.

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Equianoism

Why Igbos are the vest foreign investors for African countries and should be encouraged to invest

The Igbo are rusk taking investors. They invest even in very harsh conditions where other investors fail to thread, because they can see what other investors fail to see.


This habit of taking calculated risks is partly because of their extreme creativity. This creativity makes Igbos adapt to very dificult circumstances.

African countries should therefore woo Igbos to come and invest in their countries. Igbos will invest where other foreign investors won’t.

Igbos can creatively build airports, car manufacturing firms, billion-dollar film industries, massive commercial centres, etc., out of thin air. This is because of their innate Resourceful Equianousm.

Igbos should on their part be of their best behavior. We should not be linked to abominations and crimes in the lands where we are invited to invest.

We should only be known for good things like the Equianoist qualities of inspiration, resourcefulness and generosity.

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Equianoism News

Igbo Comedian Charles Okocha wins Naija award in US

Igbo Defender congratulates nwa afor Igbo, Charles Okocha for winning the comedy act at the NEA Awards (Nigerian Entertainment Awards) which took place at DC, US.

Igbos will keep shinning wherever we are!

O gini di!? Wetin!?

Igbo Amaka.

To learn how you can increase your own Resourceful Equianoism, buy this book.

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Civil Rights Development Equianoism Resourceful Equianism

Former Top Government Official Of Yoruba Origin Laments Massive Loss For Nigeria Due To Marginalization Of Igbos

Former Executive Director of Nigeria’s defunct telecommunications giant NITEL, Pa Joshua Akinwumi recently celebrated his 80th birthday.

The Punch caught up with him, and as an elder who has nothing more to be afraid of, he spoke his mind on how Nigeria failed to harness the massive technological capability of the Igbos after the Nigeria-Biafra War.