Wolé Olúyemí Profile picture
Sep 12, 2020 10 tweets 3 min read Read on X
Thanks Prof @yomitheprof for this article. While your conclusions are not aligned with my views on this topic, I believe that most of the arguments are logical and fair.

I believe that some of the issues raised should drive the discussion for the first amendment to #CAMA2020 😁
My view points are already shared in this article here - businessday.ng/opinion/articl…
Yomi’s article is actually the best non pro-CAMA article that I have seen - it came with strong logic that is devoid of unnecessary emotions and sentiments.

Let me just share my thoughts on some of the issues raised.
As the Vice President mentioned, some of the religious leaders truly want to be accountable. Yes, I agree.

Such leaders would be better suited to lead such discussions to drive the proposed amendments to further improve and strengthen CAMA.

It is not by making noise 🚶🏽
I agree with the concerns on the “absolute powers” of CAC. I agree that there should be checks and balances. But, CAC needs to be empowered to be able to bite and not just bark.
Hence it might become a toothless bulldog like that agency that we only remember whenever we remember that amazon and heroine that led the agency over a decade ago.
I disagree about having a separate agency for supervising the NGOs. One of the divisions of Canada’s IRS (equivalent of the FIRS) is assigned to supervise NGOs. Why can’t it be CAC in Nigeria? 🤷🏽‍♂️

Let’s stop encouraging the habitual creation of new agencies by the FGN. #Otoge 😁
On the absolute powers to appoint interim managers, I expect that CAC would publish a process guide as to how such powers are to be exercised. This may even include having a consultative forum of stakeholders. I am hopeful that the process would be fair and consistently applied.
The CAC (just like the UK Charities Commission) is not expected to get involved in spiritual or operational matters of the NGOs since that’s not even in the direct responsibilities of the Trustees.

Parish Councils of a church do not handle spiritual matters. That’s for Pastors.
Thanks @yomitheprof for showing another example of how to be civil when having serious national discourse.

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More from @WoleOluyemiCo

Nov 7, 2020
On education, the FGN needs to grant full autonomy to the schools, issue clear KPIs (admission, teaching, research, infrastructure quality, graduates’ placement rates), and then regulate.

Let me attempt to answer @ItsChristy__ ‘s question 😁

#Thread #EducationReform #education
First, let’s be clear - I won’t disagree with @ItsChristy__ on government’s inefficiency and pervasive corruption.

My position is that we can’t continue to do the same thing over and over, and expect a different result. That’s insanity!

#EducationReforms #WO
We need a drastic reform in our educational sector.

The Universities governing councils should run the schools. Let them be autonomous and self funding.

#EducationReforms #WO
Read 15 tweets
Sep 23, 2020
Janet (name disguised), one of my mentees, was sacked last week with practically zero notice period. I was angry.

I read her employment letter when she got the job and I thought I knew the content.

I didn't realize she went back to renegotiate one of the clauses.

#Thread #WO
Apparently, she went back to negotiate the termination clause.

The company had a policy that termination or resignation required 4-weeks notice with no payment-in-lieu.

She didn't like it. It limits her flexibility to switch to a new job if such an opportunity comes.
They agreed to give her a waiver because they desperately needed her.

The company now agreed to amend the clause to say that both parties could terminate the employment contract with one week notice or payment in lieu. The updated employment letter was signed.
Read 11 tweets
Sep 21, 2020
The session by #CFAANigeria is on. Don’t miss it.

Pastor Femi Atoyebi is on. The way he is dissecting issues, SAN title just dey hungry me.
True.

Jesus could have said “Do you know who I am”? when he was asked about taxes. - Pastor Femi Atoyebi on submission to authourity.
Accountability is all what Part F of CAMA2020 is all about - Pastor Femi Atoyebi.
Read 28 tweets
Sep 18, 2020
I remember one “smart” guy who got a $4K per month job in CA and was so excited that they processed work visa for him.

I told him the salary would make him worse than the N500K he was earning in Lagos. He thought I was stupid.

It didn’t take long before he realized.

#Thread
How will $4k ($4,000 x N420 = N1,680,000) not be better than 500k in Lagos?
He suddenly realized that accommodation around San Francisco was about $3k per month and he didn’t have anyone to stay with.

Cheapest mattress he got was about $250.

Gas & Electric - $200/month

Water - $150/month

1 drumstick of chicken 🍗 - $1.
Read 5 tweets
Sep 11, 2020
Agriculture (note that I didn’t say farming) is a good business.

There are so many parts of the agrifood value chain.

Yes, people are making millions. But, many are making losses.

It depends on where and how you are playing out your strategy.
I don’t believe that Nigeria is underproducing - especially for most of our food products (crops and livestock’s).

For me, the challenge is from the harvesting stage and from the farmgate.
I won’t invest a $1 in any Nigerian business in the pre-harvest stage of the value chain (as of today). That’s me - as of today.

For those that have sent their investments decks to me for businesses in that part of the value chain, the answer has been an emphatic NO.
Read 6 tweets
Sep 11, 2020
I have gotten a few messages assuming that I was part of the @officialNESG team that developed the 15-paragraph publication on the matters that require urgent attention.

While I fully endorse ALL the points raised in that publication, I am not a member of NESG.
Apparently because of my comments on social media and in 3 online events during the week, some of my friends believed that I was too sympathetic to the @officialNESG publication and that I must have been part of it.

Technically, they have classified me as a #Wailing Nigerians🤣
I love NESG’s objectives and I have
made three UNSUCCESSFUL attempts in the past to join @officialNESG but they have other priorities.

MAYBE they prefer people with titles like MD/GCEO as prospective members.🤣🤣🤣.
Read 9 tweets

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