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Mehmet
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“The doers are the major thinkers.”
— Steve Jobs
Reads with Ravi@readswithravi
“The doer alone learns.” — Nietzsche
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@TheresaArueyin1 Wisdom might have been priced as money in his time same social media following is a thing in our time
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I finally understand why Solomon asked GOD for wisdom instead of money.
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@HabuSadeik 4 months at NMDPRA gives you the experience that SEPLAT would not get you. I know seplat is ‘hoog’ but the view from NMDPRA allows you to see all the players from a bird’s eye perspective.
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I really pity Nigerians abroad in distress. There is no Minister of Foreign Affairs as at now.
Or has anyone replaced Tuggar yet?
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“The same boring habits, executed every single day, long after everyone else got distracted by something shinier.
The only "quick hack" they've ever found is doing the dead-simple basics longer than anyone else is willing to.”
Dickie Bush 🚢@dickiebush
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@tosinolaseinde Fall in love with the boredom of repetition to achieve mastery
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All a man requires in this world is a close group of honest friends.
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Tinubu just sacked the NMDPRA CEO — the agency that regulates Dangote's refinery and nominated a former Dangote Industries Group Chief Sales Officer as replacement. This is regulatory capture in broad daylight.
Rent seeking is on the same level of socialism or even worse
Nillionaire.ts 🇳🇬@igboonaija3
I would say most sef... Rent-seeking is worse than communism. When an entity gains wealth not by creating value but by extracting it from an existing system — typically through : 1) government contracts and licenses, 2) regulatory capture, 3) political connections that grant monopoly access, 4) subsidies and forex allocations 5) protecting existing positions rather than innovating Buhari destroyed Nigeria by enabling them in many ways. The problem with capitalism is not capitalism itself it.... is the state through its weak institutions (e.g Buhari and CBN governor). Rent-seeking is anti-capitalism.
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A gayawa Bola Tinubu; Uban Kuturu ma yayi kadan.
Indonesia
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Wherever there’s chaos and unrest in the world, follow the money and incentives, whoever benefits the most is more than likely behind it
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To think this guy rejected being on Seplat Board for NMDPRA head and he is now removed after 4 months is wilddddddddddd.
Crazy crazy risky move. Omo
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Rabiu Umar was my boss in Oando.
He started out in accounting department (which was the course he studied in school), but he somehow moved to sales and rose rapidly - from branch manager to regional manager to chief sales officer of the downstream business.
I think at some point he was moved to Oando Refinery as CEO (yes, Oando has a refining licence).
He later moved to Lafarge as chief commercial officer.
He was also the MD of Ashaka Cement at some point.
I was shocked to see him move from Lafarge to Dangote Cement, a rival.
He later became Group ED in Dangote Group, his last position I am aware of.
I used to cite him as example when talking of growth in sales vs accounting. He rose fast in sales in Oando that his boss when he was briefly in accounting became his junior within few years.
Congrats to him. He is very smart and no doubt highly experienced in the oil & gas downstream.
But this appointment will generate furore.
A Dangote executive being appointed a regulator will raise eyebrows given the history between Dangote and the regulator in recent years.
Bayo Onanuga, OON, CON@aonanuga1956
STATEHOUSE PRESS RELEASE PRESIDENT TINUBU NOMINATES RABIU ABDULLAHI UMAR AS NEW CHIEF EXECUTIVE OF NMDPRA President Bola Ahmed Tinubu, GCFR, has approved the removal of Mr Saidu Mohammed as the Authority Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), in the public interest. The President has also approved the nomination of Mr Rabiu Abdullahi Umar as the new Chief Executive of the NMDPRA. The appointment is subject to Senate confirmation. This decision, made pursuant to the Petroleum Industry Act 2021, is aimed at strengthening regulatory effectiveness in the midstream and downstream petroleum sector, in line with the Renewed Hope Agenda. Mr Umar is a seasoned executive with over 25 years of experience across the energy, manufacturing, and infrastructure sectors, and a proven track record in strategic leadership, operational transformation, and large-scale project delivery. He is a graduate of Accounting from Bayero University and an alumnus of Harvard Business School. Pending Senate confirmation of the new nominee, the most senior official of the NMDPRA will oversee operations in an acting capacity. President Tinubu thanks the outgoing Authority Chief Executive for his service and wishes him well in his future endeavours. The President remains committed to ensuring capable leadership in key regulatory institutions to advance energy security, sector reform, and sustainable economic growth. Bayo Onanuga Special Adviser to the President (Information & Strategy) April 29, 2026
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