June 14, 2024
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Democratization of Stolen Wealth

Every once in a while, the world is known to reset itself through a concept I call #EconomicDemocracy: A point where money returns back to the people.
We need to create an organized ecosystem for this.
Imagine if an alleged thief like Andrew Yakubu, a PHD holder with the mentality of an illiterate, as the former GMD of NNPC who buried $9.2 million dollars under the ground like an imbecile had channeled  that wealth to 100 start-ups through a trust fund. Can’t these guys learn from the likes of TY Danjuma,  Folorunsho Alakija, Tony Elumelu on how to give back to businesses as a way of shutting up all unanswered questions?
With $9.2 million dollars channeled through 100 start-ups, social problems would have been solved and he would have employed at least a thousand people with over ten thousand dependencies. Now, imagine what the likes of Diezani, Omokore, Aluko and the list of corrupt governors, ministers and league of value chain and supply chain of corruption with cases at the EFCC could do. This is where entrepreneurs need to take advantage should such happen again. It is still happening.
In our time, it is happening again. Like Robin Hood, we need to begin to think wealth democratization as an option till our institutions from ground up are ready to truly fight corruption. With socio-macro economics variables like internet, education, social networking and exposure playing as leveling grounds, it’s FALSE to say that the gap between the average and the rich is getting wider. You just need to get smarter.
#PovertyIsAPersonalFaultNow, not just our bad government.
So here’s a plot: Like photograph, “let’s use the negatives to develop”. Whether APC or PDP, the truth is, government, politics and corruption is the most lucrative business in Nigeria. This won’t be for too long.
Look around you, gradually, our leaders are learning from their mentors, that stealing money and dumping it in Swiss Bank and other foreign accounts is senseless. These countries won’t really let you get it back!  BVN is making it also difficult to stash them in local banks without being traced to the owner and if you bury it, it is as good as not having it. There is even an expiry and NPV time frame for currency. So there is only a few options left. And one of them is how money can return back to you, if you own a business. #DemocratisationOfWealth
Our young people need to out-think their woes called leaders. If only you can turn off Big Brother Naija, the Premiership and  Soundcity, then turn on the brilliant part of your mind, Google and Hexavia, join other entrepreneurs, businesses and start-ups to THINK, we will become wealthier!
We say we need employment, infrastructures, a better healthcare, retail distribution, consultancy, malls, online stores, education and enterprise systems right? The solution is simple. Take (or legally steal) a brilliant idea, create a business and brand out of it, professionally upgrade the structure, flip it, package it and then take it to the political cash cows and ask for their money as Venture Capitalists to scale it as global!
But how? //DELETED// Business Genius is seeing things everyone has seen but thinking what nobody has thought.
We have work to do.#Hexavia
#HexavianAcademy #ComingSoon
I will see you this April at the Masterclass (Abuja, Lagos, PH), and also through our Online Hexavian Academy #ComingSoon

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Eizu Uwaoma
Eizu Uwaoma


Eizu ©Hexavia!

Strategy. Business StartUps and Corporate Restructuring Consulting
Uwaoma Eizu is the lead strategist at Hexavia! He is a graduate of Mathematics with a PMP®, two MBAs and over a decade of experience working with startups and big businesses. His core is in building startups and in corporate restructuring. He is also a certified member of the Nigerian Institute of Management, Institute of Strategic Management of Nigeria and the Project Management Institute, USA. By the side, he writes weekly for the Business Day newspaper.

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1 comment

Edward May 13, 2020 at 12:26 pm

This is so informative!! THANK YOU!


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