President Bola Tinubu has asked the Department of State Services (DSS) to vacate the office of the Economic and Financial Crimes Commission in Ikoyi, Lagos, immediately.

DSS had laid siege to the office of the anti-graft agency on Tuesday morning. EFCC officials were reportedly prevented from accessing their office.

Later, operatives of the secret police moved in two Armoured Personnel Carriers to block the main entrance of the building.

It was learnt that the feud arose from a rivalry between the both agencies over the ownership of the building.

Spokesman of the anti-graft agency, Wilson Uwujaren, when contacted, described the development as “strange”, explaining that the two agencies had lived together within the facility for over 20 years without any rancor.

But in a swift reaction, spokesman of the DSS, Peter Afunanya told our correspondent that the property in question belonged to the service, and as such it is not correct to say its operatives barricaded EFCC office.

But in a statement which Tunde Rahman, his spokesman, issued on his behalf on Tuesday evening, Tinubu said the issue between both agencies would be resolved amicably.

“President Tinubu has directed the Department of State Security Service to immediately vacate the office of the Economic and Financial Crimes Commission in Ikoyi, Lagos.

“The President gave the directive when reports that DSS officials stormed the EFCC office located on Awolowo Road, Ikoyi, Lagos on Tuesday, preventing officials of the anti-graft agency from accessing their work place, was brought to his attention.

“The President said if there were issues between the two important agencies of government, they would be resolved amicably.”

Daily Trust

Moscow intends to deliver a shipment of Russian fertilizers to Nigeria free of charge in the near future, Russian Foreign Minister Sergey Lavrov said on Tuesday at a press conference following his visit to Burundi.

"Last September, President [Vladimir] Putin announced that we were ready to deliver 300,000 tons of our fertilizers, illegally seized in EU ports, to African countries free of charge. Fully in line with colonial practices and habits, the EU leadership blocked this initiative. It took us 6 months to get at least the first shipment of 20,000 tons to Malawi, and just recently another shipment of a similar amount of fertilizer was delivered to Kenya. The same shipment is scheduled to go to Nigeria soon," he said.

All of this comes at the cost of enormous efforts by the World Food Program and UN Secretary General Antonio Guterres to "overcome the openly Russophobic position of EU members who oppose any initiatives that in one way or another will help developing countries, if such assistance is provided by the Russian side."

Tass

Osun State High Court has found the popular hotel owner, Ramon Adedoyin guilty in the murder case of Timothy Adegoke, a former master’s degree student of the Obafemi Awolowo University, Ile-Ife, whose death occurred between November 5 and 7, 2021, at Hilton Honours Hotel, Ile-Ife.

Osun Chief Judge, Adepele Ojo, while delivering her judgement on the case, held that the circumstantial evidence available to the court, pointed to the killing of Adegoke while being a guest at the hotel owned by Adedoyin.

According to her, Adedoyin’s decision not to enter the witness box did not help him, as the circumstantial evidence had shifted the burden of proof on him.

Ojo also said Adedoyin’s decision not to enter the witness box meant he agreed to the murder charge pressed against him by the prosecution, dismissing the alibi pleaded on his behalf by his counsel, who said the hotel owner was in Abuja for many days around the time the death of the late Adegoke occurred.

Punch

Nigeria Association of Social Workers (NASoW) has urged President Bola Tinubu to appoint a qualified Social Worker as the Minister of Humanitarian Affairs, Disaster Management and Social Development in the interest of the nation.

The association said this is necessary because it is the main ministry that has core mandate to promote social work and quality social  services delivery in the country. 

NASoW made these disclosures in a message addressed to Tinubu on his swearing in as the 16th President of Nigeria. 

NASoW in a statement signed by its National President, Mashood Mustapha, said  appointment of a social worker who has the required knowledge and skills to paddle the affairs of the ministry will go a long way to promote the humanitarian agenda of the new administration .

Mustapha in the statement made available to journalists through the National Public Relations Officer of the association, Musliudeen Adebayo, said the association is ready and fully prepared to work with the new administration in order to achieve its aims in all areas of human development. 

He added that the association is enjoining Tinubu to appoint someone who is a social worker  because of the ministry's strategic importance to the welfare of the citizens which is the main goal of this administration.

Mustapha added that the Nigerian Council for Social Work [Establishment ] Act, 2022 which was signed and gazetted during the tenure of President Muhammadu Buhari was one of the gains of the association during the last administration. 

He encouraged Tinubu to set another record by appointing a qualified social worker as minister for humanitarian affairs, disaster management and social development. 

He added that the association is also anxiously waiting for the time when the Nigerian Council for Social Work would be constituted. 

"We are using this medium to congratulate our new President, Tinubu on his emergence as the President of Federal Republic of Nigeria. 

"We appeal to the new President to appoint a social worker as the minster for humanitarian affairs, disaster management and social development. This is our ministry. It is the main ministry for social workers  

"We advise the President to put a round peg in a round hole for the betterment of the country. Someone who has the required knowledge and skills in humanitarian work, disaster management and social development.

"We are also waiting for the time when the Nigerian Council for Social Work would be constituted. We are expecting the new President to appoint a minister who has the required knowledge of Social Work as we expect the minster to constitute the board as soon as possible. 

"The Nigerian Council for Social Work [Establishment] Act 2022 has been gazetted. Our law has become act of parliament, this implies that a lot of good things are coming for the good people of Nigeria. The council is yet to be constituted, and when this is done, it will help to give more recognition to social work practice in Nigeria.   

"The establishment of the council will create job opportunities and enabling environment for social workers to provide the much desired quality social services to the people of Nigeria and reduce the migration of social workers to other countries in quest for prosperity", he said.

WESTERN PERSPECTIVE

Ukrainian drone sparks fire at Russian refinery - governor

A Ukrainian drone sparked a fire at an oil refinery in southern Russia and shelling hit a Russian town close to the border for the third time in a week, damaging buildings and setting vehicles ablaze, Russian officials said on Wednesday.

A day after Russia accused Ukraine of sending drones to attack buildings in Moscow, the governor of Russia's Krasnodar region said a drone was the likely cause of a fire that broke out at the Afipsky oil refinery.

The fire was soon extinguished and there were no casualties, Governor Veniamin Kondratyev said on the Telegram messaging app. The Afipsky refinery is not far from the Black Sea port of Novorossiisk, near another refinery that has been attacked several times this month.

There was no immediate information on who launched the drone but Moscow has accused Kyiv of increased attacks inside Russia in recent weeks, while Russia has repeatedly pounded Ukrainian cities with drones and missiles.

The skies over Ukraine were relatively quiet on Tuesday night, with no major air raids reported. Russian drone attacks killed one person and wounded four in Kyiv on Tuesday, according to Ukrainian officials.

The attacks inside Russia come as Ukraine prepares a counter-offensive to drive Russian forces out of territory occupied since Moscow launched its full-scale invasion of Ukraine in February 2022.

A Ukrainian artillery strike wounded at least one person in the Russian town of Shebekino, about 7 km (4.5 miles) north of the border with Ukraine's Kharkiv region, regional Governor Vyacheslav Gladkov said on the Telegram messaging app.

Ukraine almost never publicly claims responsibility for attacks in Russia or on Russian-controlled territory in Ukraine.

DRONE WAR

Ukrainian drones struck wealthy districts of Moscow on Tuesday, Russia said in what one politician called the most dangerous attack on the capital since World War Two, while Kyiv was also hit from the air for the third time in 24 hours.

Aerial strikes by both sides have intensified amid a stalemate on the ground with Russian forces entrenched along an extended line in Ukraine's east and south.

The Russian defence ministry said eight drones sent to Moscow by Ukraine and targeting civilians were shot down or diverted with electronic jammers, though Baza, a Telegram channel with links to the security services, said there were more than 25.

Mykhailo Podolyak, a Ukrainian presidential aide, denied Kyiv was directly involved but said "we are pleased to watch events" and forecast more such strikes.

Two people were injured while some apartment blocks were briefly evacuated, according to Moscow's mayor. Residents said they heard loud bangs followed by the smell of petrol. Some filmed a drone being shot down and a plume of smoke.

The drones targeted some of Moscow's most prestigious districts including where Russian President Vladimir Putin and other members of the elite have homes.

Putin said Ukraine's biggest drone strike on Moscow was an attempt to frighten and provoke Russia, and that air defences around the capital would be strengthened.

Civilian targets in Kyiv and other Ukrainian cities have since the earliest days of the war been struck repeatedly by Russian drones and missiles.

But Tuesday marked only the second time Moscow had come under direct fire.

In Washington, the White House said it was gathering information on the reports of drones striking in Moscow.

"We do not support attacks inside of Russia. That's it. Period," White House press secretary Karine Jean-Pierre said at a briefing.

Washington is a major supplier of weaponry to Ukraine on the condition it uses it to defend itself and to retake Ukrainian territory occupied by Russian forces.

Russia's ambassador to the United States accused Washington of encouraging "terrorists" in Kyiv by publicly ignoring the drone attack.

NUCLEAR THREAT

One of the southern places Russian forces have controlled since just after the beginning of the invasion is the Zaporizhzhia nuclear power plant, and on Tuesday the chief of the U.N. nuclear watchdog asked Ukraine and Russia to respect five principles to safeguard it. Neither Ukraine nor Russia have committed to respect the principles.

International Atomic Energy Agency (IAEA) chief Rafael Grossi has been trying for months to secure an agreement to reduce the risk of a nuclear accident from military activity like shelling at Zaporizhzhia, Europe's biggest nuclear power plant.

In a briefing to the U.N. Security Council, Grossi said the principles included that there should be no attack on or from the plant and that it not be used as a base for heavy weapons and other military equipment. He called for off-site power to the plant to remain available and secure.

RUSSIAN PERSPECTIVE

UK backs Ukrainian terror attack on Moscow

In the aftermath of a drone attack on residential buildings in Moscow, UK Foreign Secretary James Cleverly has said that Ukraine has a right to “project force”beyond its borders. Among Ukraine’s Western backers, Britain has led the charge to arm Kiev with long-range weaponry.

Speaking to reporters in Estonia on Tuesday, Cleverly said that Ukraine has a “legitimate right to defend itself,” and can “project force beyond its borders to undermine Russia's ability to project force into Ukraine itself.”

Striking “legitimate military targets” within Russia is a viable self-defense tactic for Kiev’s forces, Cleverly added.

None of the eight drones used in Tuesday morning’s attack on Moscow hit military targets. Three were suppressed by electronic warfare measures and deviated from their intended course before crashing, while five were shot down by Pantsir-S air defense systems outside the city, the Russian Ministry of Defense said, describing the drone raid as “a terrorist attack” by “the Kiev regime.”

Several residential buildings were damaged and two people suffered minor injuries.

In a separate incident on Tuesday morning, the Ukrainian military shelled a civilian shelter in Russia’s western Belgorod Region, leaving several people dead and many injured, the region’s governor said in a statement. 

The attacks came after Russia launched a heavy barrage of missiles and drones at Ukrainian airfields, ammunition dumps, and “decision-making centers”responsible for plotting similar terrorist actions, according to the Russian Defense Ministry. Russian President Vladimir Putin confirmed on Tuesday that the headquarters of the Ukrainian military’s Main Intelligence Directorate (GUR) was among the decision-making centers hit.

In Washington, the White House issued a more cautious response to the drone attack. “As a general matter, we do not support attacks inside Russia,” a spokesperson said in a statement. 

While the US has given the Ukrainian military more money than all other donors combined, President Joe Biden and his officials have repeatedly shot down Kiev’s requests for long-range weapons capable of striking deep within Russian territory. However, Britain has filled this role, announcing this month that it would arm Kiev with Storm Shadow cruise missiles – which can hit targets more than 250km away.

There are signs, however, that US policy may shift soon. Asked on Monday whether he would send long-range ATACMS missiles to Ukraine, Biden told reporters that the idea was “still in play.”

** Kiev's strikes on Russian residential buildings are sign of terrorist activity — Putin

Kiev has chosen the path of intimidating Russian citizens by attacking civilian facilities, which is a clear sign of terrorist activity, Russian President Vladimir Putin said on Tuesday.

He pointed out that during the special military operation Russia hit Ukrainian territory, but only military facilities and infrastructure. "Russia was forced to respond to the war unleashed by the Ukrainian regime in Donbass. [We] were forced to respond by launching a special military operation. [The Russian military] are striking Ukrainian territory, but with long-range precision weapons and specifically military infrastructure or ammunition depots," the head of state explained, commenting on this morning's drone attack on Moscow.

Putin stressed that "in response, the Kiev regime has chosen a different path - [the path of] trying to intimidate Russia, intimidate Russian citizens and attack residential buildings." "This, of course, is a clear sign of terrorist activity," the president said.

Ukrainian drones attacked Moscow and the Moscow Region on Tuesday morning. According to the Russian Defense Ministry, the attack involved eight unmanned aerial vehicles, five of which were shot down by the Pantsir-S missile system and the remaining three were suppressed by electronic warfare. Two people in Moscow sought medical attention for minor injuries. A number of buildings sustained minor damage.

Reuters/RT/Tass

Intense clashes in Sudan's capital after ceasefire extended

Intense clashes could be heard in Sudan's capital on Tuesday, residents said, after military factions battling for more than six weeks agreed to extend a ceasefire aimed at allowing aid to reach civilians.

The army and the paramilitary Rapid Support Forces (RSF) agreed to extend a week-long ceasefire deal by five days just before it was due to expire late on Monday.

The truce was brokered and is being remotely monitored by Saudi Arabia and the United States, which say it has been violated by both sides but has still allowed for the delivery of aid to an estimated 2 million people.

"We hope this truce succeeds even if only to stop the war a little and that we can return to our normal lives. We have hope in the truce and we don't have other options," said Hind Saber, a 53-year-old resident of Khartoum.

Hours before the ceasefire extension was signed, residents reported intensive fighting in all three of the adjoining cities that make up Sudan's greater capital around the confluence of the Nile - Khartoum, Omdurman and Bahri.

Clashes resumed late on Tuesday on the outskirts of the cities.

In a statement the RSF accused the army of violating the ceasefire, saying that it defended itself against an attack and took over an army base.

The war has caused nearly 1.4 million people to flee their homes, including more than 350,000 that have crossed into neighbouring countries.

Areas of the capital have been hit by widespread looting and frequent cuts to power and water supplies. Most hospitals have been put out of service.

The United Nations, some aid agencies, embassies and parts of Sudan's central government have moved operations to Port Sudan, in Sudan's Red Sea state, the main shipping hub which has seen little unrest.

PORT SUDAN CURFEW

On Tuesday, the state's security committee said it had caught several "rebellious" sleeper cells that it said had sneaked in from outside and warned that they were planning activities.

"We thank the citizens of Red Sea state for their total cooperation and for immediately reporting the presence of these rebellious elements and their agents within their neighbourhoods," it said, without specifying their identity.

The committee later extended a state of emergency and declared a curfew from 11 p.m. to 5 a.m in Port Sudan.

The conflict erupted on April 15 over internationally backed plans for a transition to elections under a civilian government.

Leaders of the army and the RSF had held the top positions on Sudan's ruling council since former leader Omar al-Bashir was toppled during a popular uprising in 2019.

They staged a coup in 2021 as they were due to hand leadership of the council to civilians, before falling out over the chain of command and restructuring of the RSF under the planned transition.

Army leader General Abdel Fattah al-Burhan appeared in a video on Tuesday greeting troops. He said that the army had agreed to the ceasefire extension to ease citizens' access to services.

"The army hasn't used its full deadly power, but it will be forced to do so if the enemy does not obey or listen to the voice of reason," he said in a statement.

U.N. children's agency UNICEF said more than 13.6 million children in Sudan, a country of 49 million people, were in urgent need of lifesaving humanitarian support.

The U.N. World Food Programme, which expects up to 2.5 million people in Sudan to slip into hunger in coming months, said that 17,000 metric tonnes of food had been looted since the conflict began.

WFP said on Monday that it had begun to distribute food in parts of the capital for the first time since the outbreak of fighting.

U.N. human rights chief Volker Turk warned on Tuesday that fighting in Khartoum, which has spread to the war-weary Darfur region, could take on an "inter-ethnic dimension which would be terrible".

Reuters

What country does French belong to? The answer seems obvious: France, as it says on the label. But there are roughly four times as many speakers of French outside France as there are within it. Who does Portuguese belong to? You might now hesitate to blurt out “Portugal”, remembering that Brazil’s population is about 20 times bigger than Portugal’s. Maybe Portuguese belongs jointly to them both. But then 70m people live in African countries in which Portuguese is an official language. Perhaps it belongs to them, too.

The English can be under no illusion that the language of the same name is exclusively theirs. The small matters of the other nations in the British Isles, and of the superpower across the Atlantic, make clear that it is joint property. But these countries—along with Canada, Australia and other Anglophone peoples—must at some point come to terms with the fact that, even collectively, their language no longer belongs to them. Of the estimated billion people who speak English, less than half live in those core English-speaking countries.

Every day, the proportion of English-speakers born outside the traditional Anglosphere grows. Perhaps 40% of people in the European Union speak English, or about 180m—vastly more than the combined population of Britain, Canada, Australia and New Zealand. In India, calculations range from 60m to 200m. Most such estimates make it the second-biggest Anglophone country in the world.

English-speakers pride themselves on the spread of the language, and often attribute that to an open, liberal-minded attitude whereby it has happily soaked up words from around the world. In the coming century, though, English will do more than borrow words. In these non-Anglophone countries, it is becoming not just a useful second language, but a native one. Already it is easy to find children in northern Europe who speak as though they come from Kansas, the product of childhoods immersed in subtitled films and television in English, along with music, gaming and YouTube.

Today, many learners still aim for an American or British standard. Textbooks instruct Indian English-speakers to avoid Indianisms such as “What is your good name?” for “What is your first name?”, or “I am working here for years” instead of “I have been working here for years.” A guide to avoiding Europeanisms has long circulated in European Union institutions, to keep French- or German-speakers from (for example) using “actual” to mean “current”, as it does in their languages.

Yet as hundreds of millions of new speakers make English their own, they are going to be less keen to sound British or American. A generation of post-colonial novelists has been mixing native words and phrasings into their English prose, without translation, italics or explanation. Academic movements such as “English as a lingua franca” (ELF) have been developing the ideology that speakers—no longer referred to as “non-native” but rather “multilingual”—should feel free to ignore British or American norms. Karen Bennett of Nova University in Lisbon says the university website has been translated using words common in southern European English—like “scientific” for “academic”, or “rector” for “vice-chancellor”. The appropriate local dialect is not British or American but ELF.

Given enough time, new generations of native speakers contribute not just words but their own grammar to the language they learn—from older speakers’ point of view, distorting it in the process. “I am working here for years” is a mistake today, but it is not hard to imagine it becoming standard in the future in culturally confident Anglophone Indian circles.

If this disturbs you, remember that this column is written in a mangled version of Anglo-Saxon, learned badly by waves of Celts, Vikings, Normans and others until it became an unrecognisably different tongue. And take comfort in the fact that such changes usually happen too slowly to affect comprehension in a single lifetime. Written language is less volatile than the spoken kind and exerts a stabilising force.

But if language is always evolving (true to the point of cliché), the adaptations are even more profound when they come as a result of new speakers hailing from different linguistic worlds. No language has ever reached more speakers than English. It is hard to predict how they will change it, but easy to rule out the notion that they will not change it at all. In the end, it will be theirs too.

The Economist

When it comes to hiring new team members, there are a lot of things that you can do to help find the best candidate for the position. 

Having a solidly written job description, looking in the right places or enlisting the help of a recruiter and having well-thought-out interview questions that help capture the skills and weaknesses of the candidates will all make a huge difference in who you ultimately end up hiring for the position. 

But there is one often overlooked, but powerful secret weapon that can really make the difference when finding the right candidate for an open position in your company. And it all comes down to personality.

Personality Matters

I want to be clear here that when we talk about personality I don't mean a "personality hire." Not everyone on your team needs to be a people person, who can have everyone laughing over the water cooler. In fact, that is likely a horrible idea for productivity.  

If you are hiring for a computer programer or a bookkeeper, for instance, they don't need to have a bubbling, outgoing personality because they will likely never talk to any of your clients or customers. Everyone on your team doesn't need to be charismatic. 

What I mean here is that the personality of the new hire needs to mesh well with your team as a whole. Because finding the right fit for your group can make a big difference in the productivity and overall satisfaction of your team in the long run. 

But how do you go about knowing if they are a good fit? My secret weapon is to have someone sit in on the interview that knows the team dynamics well.

For my company, that's our COO. She has been with the company for over fifteen years and has seen the good and the bad when it comes to our team. 

She knows what type of personality fits in well and who would struggle to find their way. So, I have her sit in on interviews to get a feel for each candidate. She can usually tell within minutes if they would be a good personality fit or not. 

And by using this method, we usually do a really good job of hiring people that mesh well with the rest of the team. So, I want you to think about your own staff and look for someone that would be a good fit for this task.

If you are a small business, this could even be your spouse if you work together or someone else on your leadership team. 

The main thing is that the person needs to have a good handle on how you work. If you have teams, then you may need someone that fits this role in each team, so think about what this strategy would look like for your business. 

Hiring someone that possesses the hard and soft skills you need, along with a personality that meshes well with your team is a recipe for success. So don't overlook this critical element in the hiring process. 

Inc

Help your team think outside the box by putting these five tips to work for you.

How do you inspire people to open their minds in a way that unlocks the creativity within your organization and achieves the best results? Let me share a story about how a former colleague in the advertising industry attained legendary status for his ability to unlock creativity (and have a great time in the process).

His goal was to change the way products were marketed in his client’s business. He wanted his team to think in entirely fresh ways about their jobs and change the way their product was viewed. To that end, he took the whole creative and account team to Las Vegas.

He told them almost nothing about the trip. The team arrived in Vegas, and for three days, he told his team, there was nothing on the agenda other than having fun. So they went out eating, drinking, gambling, clubbing.

On day four, he gathered the group and told them, “We need to change the way products are marketed in this industry. We need to be creative, different, unique. We need to appeal to our client’s core young male audience -- and they play lots of video games.”

While he was speaking, video game systems were being installed in team members’ rooms. For the next three days, he instructed, their job was to play video games. They were supposed to think about the whole experience of playing a game, including the graphics, the sounds, and the characters that appealed to the target audience. He wanted them to consider how game designers presented content, how they manipulated the look and feel of the product for the customer. He asked them to pay attention to the scoreboards, sound effects, and every other little trick the game designers had devised. Most of all, he wanted his team to think about how his client could build upon video game innovations to make their real-life products win over a new generation of customers.

After three glorious days in the sun, his team wasted no time in unleashing their creativity and changing the way people used their client’s products. In short, they came up with a unique look that separated them from everyone else in the industry.

Could his team have accomplished the same results playing games back in their New York offices? I doubt it. By taking his team to Las Vegas, he shifted them from work mode to play mode. He put people together who normally did not have much time to interact in a social setting. The days of partying in Las Vegas brought them closer, building camaraderie and a sense of teamwork. Two guys in a hotel room playing a video game see their jobs differently than they would if seated in adjacent offices at their computers.

I’m not saying you need to take your team to Vegas (or anywhere else) for six days. But to foster creative teamwork, you need to find a way to get them out of the office mindset and break down their natural resistance. You need to tap the genius within each of them on a regular basis. Being creative applies to all aspects of your business, from building something cool to breaking down barriers when trying to sell your product.

You can tap your employees’ creativity by following these recommendations:

Get groups together.

When you’re launching a new business or product, team members are busy. All of them have their heads down, focused on what they’re responsible for. Most of their time is spent working with other people in their department. The creative and technical people don’t get much time to inter­act. There are ways to change that.

At Xoom, we had pizza and beer at 3 p.m. every Friday. People from different groups got to interact in a social environ­ment. As the company grew, those Friday afternoons offered an opportunity to meet new team members, and together we evolved a shared vision of the company. Even if people with different responsibilities looked at the company in different ways, over beer and pizza, we came up with some of our most creative -- and collaborative -- ideas.

Get out regularly.

Do something outside the office at least once a quarter. The activity doesn’t have to be expensive or extravagant. You might schedule a happy hour, miniature golf, or go-cart racing. Whatever it is, getting people to engage in a new setting can build relationships and inspire creativity. By getting your employees out of their comfort zones and getting them to interact with one another can open their eyes to new possibilities.

Encourage experimentation.

Declare that for a few hours every month, no one’s allowed to use their computer or smartphone. In place of screens, issue every employee a notebook and ask them to spend the time writing, sketching, and diagramming their thoughts and ideas on how to improve and innovate the business. The novelty of putting pen to paper will force them to think in a different way. After the exercise, encourage them to tear pages out of their notebooks and post them on a brainstorming wall.

Encourage risk.

You win some, you lose some. But people need to be encouraged to take risks and be creative. They need to know that even if something doesn’t work, these experiences are all a valuable part of growing a business. One way to do this is to encourage your team to experiment with side projects. Many of these will fail, but odds are one of them may turn into your next big idea. And if they try something that doesn’t work, there’s no concern that it will put the entire operation -- or the person’s job -- at risk.

If something doesn’t work, still celebrate that your team took a shot.

People who are the most successful and creative are the ones who take risks. They try, they fail, and they learn from their mistakes. Create a culture where taking a shot at something new is celebrated, as long as something is learned.

Entrepreneur

Bola Tinubu took over as Nigeria’s president and pledged to scrap a costly fuel subsidy, address widening insecurity and revive Africa’s largest economy.

The 71-year-old former state governor was sworn in at a ceremony in the capital, Abuja, on Monday. He succeeds Muhammadu Buhari, who stepped down after two terms, and inherits a daunting list of problems to tackle in the continent’s most-populous nation. 

“We have endured hardships that would have made other societies crumble,” Tinubu said after taking the oath of office.

The president said his administration will target an economic growth rate of at least 6% a year, as it seeks to end a system of multiple exchange rates and reduce interest rates to boost consumption. He also committed to doubling electricity generation and make it simpler for foreign investors to repatriate their profits.

Since Buhari, 80, came to power in 2015, Nigeria’s public debt has increased seven-fold to about 77 trillion naira ($166 billion), according to the country’s Debt Management Office. Servicing those obligations consumed 96% of government revenue in 2022 and the figure could top 100% this year. That’s left the government reliant on ever-greater borrowing and widening deficits to run the state.

Tinubu didn’t mention the ballooning debt burden in his speech.

Inflation that’s at an 18-year high is meanwhile raising the cost of living in a country where 40% of the population live in extreme poverty and one in three people are unemployed

Security Investment

And though Buhari’s administration made some progress containing jihadist groups in northeastern Nigeria, armed gangs that have been blamed for carrying out mass killings and kidnappings have proliferated in other parts of the country.

“We shall defend the nation from terror and all forms of criminality that threaten the peace and stability of our country,” Tinubu said, committing to invest in recruiting more security personnel and better military equipment.

The president welcomed Buhari’s decision to provide for only six months of gasoline subsidies in this year’s budget – an intervention that cost more than $10 billion last year and dwarfed spending on education and health.

“The fuel subsidy is gone,” he said, stating that it “can no longer justify its ever-increasing costs.”

It’s unclear what will happen to the pump price on June 1, as phasing out the payments will significantly increase transport costs and previous attempts to remove them have triggered social unrest.

While Tinubu takes the helm after receiving the lowest vote share of any winner in a presidential election since the restoration of democracy 24 years ago, he will have room for maneuver. The ruling All Progressives Congress kept its majorities in the Senate and among state governors, though it no longer commands one in the House of Representatives.

In his election manifesto, the incoming president promised to grow the nation’s tax take — which is among the weakest in the world — and cut Nigeria’s exposure to loans denominated in foreign currency. He also said his government will boost daily oil output in Africa’s largest crude producer by more than 60% over four years to 2.6 million barrels.

A federal court has yet to rule on petitions filed by the runners-up in February’s presidential election against Tinubu’s victory.

Bloomberg