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Opinion: Leadership Woes

Admitting imperfections are great ways to becoming a better person, people and leaders.

City of Talents and Resilient people

I was born and raised in Ogbor hill, a suburb of Aba, a city in Southern Nigeria. Aba is known for its industry and export of labour to many Nigerian cities and overseas. The city is full of talents and all manner of craftsmen and women live in it. As a manufacturing town, traders and private businesses such as leather works, pottery, brick, electronics, food processing, plastics, metal, cosmetics, distilleries, and fabric call the city home. Most of these factories are owned by private residents. Many foreigners also trade in the city’s large markets and the enterprising spirit in Aba can be likened to none in Nigeria. The city itself is a big market. Aba youth is highly skilled. It’s common to see graduates turn to business as means of livelihood. This enterprising spirit led many to pick up different skills and develop talents to fit in with Aba’s resilient business environment.

Little is done to encourage the budding enterprise which has been in the city for decades. Yet Aba can contribute to Nigeria’s economic growth if her potentials are well harnessed.

Sadly I remember dead startups and factories and even more on their way to moribundity.

Leadership woes

Like most African cities, government neglect is common. Lack of proper economic planning and public infrastructure kept the city running in circles. With no visible economic plan on ground, Aba records low growth and decline in economic activities each year. In civilized economies, a city that shows promising private ventures involved in wealth creation and industrialization is aided by the government. When government steps in, it should be to create an enabling business environment. But this is not always so. There are key areas to focus on should the government decide to fix Aba’s unique economic landscape. First and foremost, good road network and stable electricity should be in place. Sadly, Aba’s road and drainage systems are in a state of limbo and contributes to road accidents recorded each year. In Aba electricity distribution is epileptic, or let me put it in milder words: not consistent. This push away investors and increases cost of production as businesses resort to generators for power.

The Way forward?

The two best ways to start government intervention is by bringing uninterrupted power supply and building good roads in Aba. This two can go a long way in encouraging businesses and startups. Providing clean water, markets, tax incentives and holidays, patronising local content will help too.

Not only will good road networks encourage inter state trading, it will enable access and more businesses to thrive in rural places where electricity is cheaper. If steady electricity is achieved, government can work to reduce the electricity rates paid by startups and businesses.

Despite years of government neglect, the city’s people had grown thick skin to negligence and the saying that life must find a way vividly applies to the city’s hustle and bustle. Aba will continue to live because it is a city made resilient and popular by her own people.

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Africa, Poetry and Love culture/tradition education lifestyle Love and Christianity opinion reflection

Mechanics of Savings: a Christian perspective

Mechanics of Savings and Financial Intermediation

Savings as described by financial analysts are the portion of income which are not used for consumption expenditures. They are referred to as investments, because huge portions of such savings in financial institutions constitute the capital extended to businesses, governments, individuals and other entities as loans. This is done through the process of financial intermediation. Financial intermediation involves three key parties, the Surplus Economic units, the Deficit Economic Units and the Financial Institutions. The SU’s are the economic units that their current income exceed their current consumption expenditure thereby leaving them with more funds. The DU’s are the economic units that their current consumption expenditure exceeds their current income thereby arousing their desire to borrow to supplement their income. The SU’s and the DU’s do not have direct contact, rather a medium or some kind of intercession is provided by financial institutions. Both SU’s and DU’s can be governments, private individuals, businesses or firms etc. Savings is an important factor in any economy and as such its role can not be overemphasized.

What the Bible says about Savings

The Bible teaches that saving money is a wise practice for many different reasons. God is our source and provider for everything we need.
And my God will meet all your needs according to the riches of his glory in Christ Jesus” (Philippians 4:19). One of the main ways God provides for us is through money, and it is our job to steward that money well (Matthew 25:14– 27). We are accountable to God for how we use everything He gives us in this life, including money. Saving money demonstrates good stewardship of the resources God gives us. Saving money allows us to be prepared for the future, and being prepared for the future is good. Proverbs 6:6–8 shows us that this principle is lived out even in nature: “Go to the ant, you sluggard; consider its ways and be wise! It has no commander, no overseer or ruler, yet it stores its provisions in summer and its food at harvest.”

Planning ahead and saving money makes it easier to accomplish goals and allows us to be more effective in ministry (see 1 Corinthians 16:2). When we don’t plan ahead and save money, we are more prone to go into debt, which the Bible tells us is unwise (Proverbs 22:7). Of course, there are plenty of wrong motives for saving money. If we’re saving money out of
fear of the future, it shows we’re not really trusting God to provide (see Luke 12:7; 2 Timothy 1:7). Miserliness is sin, and it’s foolish and arrogant to make money our security. “The wealth of the rich is their fortified city; they imagine it a wall too high to scale.” (Proverbs 18:11), yet riches “will surely sprout wings and fly off to the sky like an eagle” ( Proverbs 23:5). 1 Timothy 6:10 warns against greed, saying, “The love of money is a root of all kinds of evil.”

Some people, eager for money, have wandered from the faith and pierced themselves with many griefs.” To fully understand the value of saving money,
we must remember what the Bible says about giving. God desires His people to be cheerful givers (2 Corinthians 9:7). It’s impossible to out- give God! “Give and it will be given to you. A good measure, pressed down, shaken together and running over, will be poured into your lap. For the measure you use, it will be measured to you” (Luke 6:38). Sometimes when God gives us things, be it money or something else, it’s intended for us to give away. Other times, He gives us things that are meant for us to keep for ourselves and use in His service and for His glory. It’s wise to hold everything God gives us loosely so that we can give it away if He asks us to.

More Study Texts:

Proverbs 6:6-8
1st Corinthians 16:2
Proverbs 21:20
Proverbs 13:11
Proverbs 10:4-5
Proverbs 13:22