Oluyomi Ola-David Insights

Informal economy evolves to shape the formal economy. Every registered patent began as an informal prototype. Every private equity firm arose from informal founding partnerships.   The public office holder emerged from an informal expression of interest. The listed public corporation perhaps started as a informal merchandising effort. The concept of modern banking enterprise emerged from informal cooperative solutions. ...

Africa is a steeply religious climate and this fact is somewhat pivotal to the successful implementation of any development policy or programme.  In #Nigeria and many parts of #Africa, religious and/or faith-based organisations (FBOs) have provided growth opportunities in social and human capital for many previously indigent citizens. While enrolled as passionate volunteers in various units of such organisations, many members of FBOs may be able to develop their innate talent, team skills, as well as build valuable community for personal, social and business success. Even in the midst of economic recession, FBOs have demonstrable capacity to garner support through regular membership subscriptions. With efficiently managed human resource and financial resource pools, FBOs execute value-adding community and infrastructural projects while others build viable business models that create employment. Moreover, the many incidences of local government failure in social welfare maximisation has

From birth  They struggled to feed They ate to survive Now they are resilient From home They fought countless battles They mapped out safe terrains Now they are conquerors From childhood They worked like play They played in labour Now they are industry ants From within They looked at outside fields They gleaned from anything Now they are farmers From poverty They observed the rich They chose to alter the narrative Now they are wealthy From pain They soothed the broken They cheered the weary Now they are whole From here They imagined the lofty there They thought to live Now they are featured From nothing They created so many They saw only the future Now they are impossible From shame They waited in faith They ate mockery as food Now they are game cooks From insects They took the classes They schooled in nature Now they are tutors From history They carved a path They nurtured the dream Now they are reality From weakness They manufactured strength They turned threats to opportunities Now