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Dr Ola Brown Profile picture
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3 Jun, 6 tweets, 2 min read
Was on @Nairametrics spaces talking about food inflation. Maybe a proportion is caused by exchange rate. But a lot is caused by Nigerian evil forces, not yet found in economics textbooks. Structural sturves.
#Thread
Just negodu.

Over N2.5bn worth of onion destroyed in Sokoto fire
channelstv.com/2021/06/02/ove…
Unions stop Onions going to South East

tribuneonlineng.com/union-suspends…
How a spilled basket of tomatoes paralysed Nigeria
economist.com/middle-east-an…
Every year, Nigeria loses $9 billion due to poor food storage

ecofinagency.com/public-managem…
The two most important ingredients are maize and soybeans. The supply of these two crops has fallen steeply in recent months, they said, and a key reason has been insecurity that has put farmers off work last year.
premiumtimesng.com/news/headlines…

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More from @NaijaFlyingDr

Dr Ola Brown Profile picture
3 Jun
I think it's worthwhile for finance professionals to pop into one of @elnathan_john's classes on story telling.

I still meet people with ACCA/CFA/CIMA/Financial modelling/ICAN/ICAN'T etc. That know the numbers, but are completely unable to tell the story behind the numbers.
As much as we think that only the numbers matter there are actually three levers that influence people to take action on an idea.

Aristole described them as ethos, pathos and logos.
Logos is the power of logic/data/numbers and statistics. People like me and many other finance professionals/scientists believe the "numbers speak for themselves". We are deeply rational.

Unfortunately, most humans are not.
Read 7 tweets
Dr Ola Brown Profile picture
25 May
"My management staff are always stealing"

"It's difficult to find competent management in Nigeria"

What you are really describing is the principle-agent problem.
The principal-agent problem in behavioural finance/economics describes how there is often a conflict of interests between owners & management
The principle is the owner of an asset and the agent is the person to whom control of the asset has been delegated.

Image source: CFA
Read 13 tweets
Dr Ola Brown Profile picture
22 May
Looking at stats. Hypergamy is very common with Nigerian men.
Countries where people are looking for sugar mummys by search volume:

1. Nigeria
2. Kenya
3. Ghana
4. Uganda
5. Zambia Image
The only places in the world where searches for sugar mummy surpass those for sugar daddies are in Africa.

Nigeria takes the lead, closely followed by Kenya. Image
A state by state analysis shows Nassawara of all places?? Image
Read 4 tweets
Dr Ola Brown Profile picture
22 May
Final comments on @Nairametrics

1. On inflation: there are two baskets of goods in Nigeria. The basket of goods of the average Nigeria isn't overly affected by exchange rate
2. Healthcare, education and infrastructure are key investments for government to subsidise. Not fuel.😳
3. Communication and trust in the political system needs to be enhanced
Read 4 tweets
Dr Ola Brown Profile picture
25 Nov 20
Its simple really

First of all, be the daughter of a current Governor or other political heavyweight. That will ensure that your Yoruba demon will have access to juicy contracts and Gucci slippers
Then you have to be beautiful, yellow, and never age past 23 years old. This is very important.

Also you have to be personally wealthy enough to split the bills 50-50, otherwise, what are you really bringing to the table?
Intellect is a must, inspire him with your wisdom. Phd is preferable, but Msc is also acceptable.

You must be able to dance, be skilled in the other room, be fashionable, godly and humble.

Body proportions are also important. 36-24-40. Thats really your only option.
Read 7 tweets
Dr Ola Brown Profile picture
23 Nov 20
Implying that anyone with a different opinion from yours is deceiving people is short sighted

Your marriage def wont be heaven on earth if your aren't able to understand that people have different opinions and different views of the world.
Legit from my experience, the first rule of a functional marriage, to to try to understand the other persons perspective and respond by putting your opinion into the pool of meaning in a respectful way.

By being persuasive, not abrasive
There is evidence that women are happier without children or a spouse, says happiness expert theguardian.com/lifeandstyle/2
Read 6 tweets

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