Rocket Internet Launches Another eCommerce site in Nigeria

Rocket Internet, the startup incubator has launched yet another ecommerce site called kaymu following the success of jumia.com.ng and the launch of other ecommerce sites like sunglasees.com.ng, glamour.com.ng . Kaymu.com.ng is an online auction site where people can create an account and start selling their products, it is purported to be an ebay clone.
The founder and managing director is Lukas zels of formerly the vice president (operations) at lazada in the phillipines and its board of directors include raphael afaedor founder and managing director at jumia and gbolahon fagbure, director operations at rocket internet.

If you would like to start selling or buying on the site you can visit it at http://www.kaymu.com.ng/

Tramp Under The Bridge

I saw this guy sometime ago under the bridge at surulere.
Funny Innit

Importance Of Insurance

Many people in Nigeria know about insurance but very few embrace it. The perceptions of many people is very very negative as regards to insurance, they often think that insurance companies are out to take your money without responding to claims made by policyholders, but i tell you things are changing in Nigeria. New insurance products are being created by insurance companies that offer policies that are investments and at the same time insurance. 
It is very advisable to buy a life insurance policy to protect you from life's uncertainties, for those that have children and dependants this is a must so your children or dependant don't suffer if you pass away, as nobody knows his/her destiny. So your children and dependants can continue their education the way they were before your death
Secondly, the way the emergency services in Nigeria are not favourable to people in distress and people in need of help i.e accident victims. If there were a serious accident the emergency services don't respond or are too slow to respond in which a potential victim of the accident could die as a result of no immediate care. It will will be very good to have a life insurance policy that can protect you from the risk of you dying and your family facing difficulties as a result of your death.
More so the Nigerian economy is growing, the first quarter of 2011 it grew by 6.64% and its expected to have a (forecasted) increase by between 7 - 8% by 2012. Many Insurance Companies in Nigeria have recorded an increase in sales of life policies and also in premium income because people's perceptions have started changing positively.
So if you don't have a life policy, you go out there and take out one from an insurance company.  You could buy from the leading insurance company in Nigeria AIICO Insurance Plc (www.aiicoplc.com) through one of the agents. You could contact 
Tari Opuene
Marketing Executive
for an Insurance Quote

Reasons for corruption in nigeria

Nigerian people are corrupt simply because an individual doesn't earn sufficient money to satisfy his/her needs.An individual earns a basic salary but this salary they earn is insufficient to satisfy their needs due the lack of basic infrastructure such as electricity, pipe borne water, inadequate mass urban transportation and so on and so forth.

A person has to pay for so may things that are meant to be provided free by the government such as money to buy a generator,money to dig your own borehole since the government does practically nothing when it comes to providing all these things. People are thereby forced to loot whatever they can form their various places of work, and i'm referring to not only politicians but Nigerians. 

People are forced to embezzle because they also need to pay their own personal needs lets take for example transportation, holders of public offices e.g (member of parliament) don't use the yellow rickety public buses because of the buses are in a dilapidated state and unsafe to board they make use of taxi's and personal drivers which are all expensive for an average Nigerian to afford.

In countries like the united kingdom politicians live their lives like every normal citizen because they are serving the people(public servants) they take public transport like buses and trains they don't hire drivers for themselves because of the efficiency of their economy.Take a look at the pictures below and tell me the difference.

Nigerian Rickety bus

                               London red bus

Now the pictures above show a Lagos public transportation bus a.k.a danfo  and a double-decker bus in London.Now you can see why people don't enter these yellow buses.

All these has brought about inequality and high dependence on people who are well off in the country.The leaders in other countries earn their salaries which is sufficient for them because their government provide what they are supposed to provide unlike Nigeria.

The prime minister of the united kingdom earns £250,000 a year as salary while politicians in nigeria loot more than this amount in a month. If nigeria can be fixed there will be no need for corruption in nigeria, take a look at tony blair the former prime minister of the united kingdom, he has made a fortune since leaving the prime ministerial seat which is over £16,000,000 (3,697,835,127.34 NGN) and still earning and now has a property portfolio of several houses in england.

                                           Tony Blair's Buckinghamshire house