By Reno Omokri
For the second time in her existence, Apple Inc, the company founded by the two Steves (Steve Jobs and Steve Wozniak) has been certified as the world’s most valuable company with a market capitalization of $772 Billion.
As I read the news on various news
platform, I was struck by the comparisons of Apple with Nigeria and
lessons we as a people could learn from this intellectual behemoth.
The first comparison would be that Apple
is a company built on ideas. So for instance, while an American company like
Ford is an epitome of the success of the industrial revolution age, Apple on
the other hand is the poster boy for the knowledge worker age.
And nothing depicts this as dramatically as the fact that the former most valuable company, ExxonMobil, has a market capitalization that is only half of Apple’s ($382 Billion).
And nothing depicts this as dramatically as the fact that the former most valuable company, ExxonMobil, has a market capitalization that is only half of Apple’s ($382 Billion).
The first lesson for Nigeria then
becomes that if our hopes for the growth of our economy is dependent on oil,
ExxonMobil, the biggest oil company in the world, is a glaring example that we
will continue to play second fiddle to those nations whose hope for the future
is based on knowledge. Oil gave birth to ExxonMobil, knowledge gave birth to
Apple. Go figure!
And when you look at the math, you would see
that the numbers are preaching to Nigeria in a way that words cannot.
For one thing, Apple, today employs 115,000 people who together are paid more than all the approximately 40 million employed people inNigeria make in a year.
For one thing, Apple, today employs 115,000 people who together are paid more than all the approximately 40 million employed people in
The above should probably put Nigerian
Governors on notice that their plan to reduce the minimum wage from ₦18,000 is
an intellectually lazy idea that will cost them more than it would cure them.
Secondly, in 2015 Apple has made $215 Billion so far. This figure looks set to
increase with the expected sales boost from Christmas. In comparison, Nigeria has made 10% of
that amount in the same period.
Technology is sometimes called wizardry. Here in Silicon
Valley , where I worked for four years before joining President
Jonathan’s administration, I see what others have used and are using their
wizardry for.
But what do we use ours for in Nigeria ? We use
ours to destroy each other!
In Nigeria , we do not celebrate the
type of creative intelligence that would give rise to an Apple. Instead we
applaud critics and cynics who do not create and who sneer at those who do.
Since May 2015, I have been back in California where I live
and just being on Social Media here surrounds me with a different atmosphere
than what I went through in the four years that I spoke for President Jonathan.
Even in an election year, young people in
the US
are more interested in tweeting and facebook-ing ideas and insights and in
positively networking with each other.
On the other part of the world, Nigerian
youths are allowing their strings to be pulled by puppeteers amazingly
nicknamed overlords, who use them to fight their political enemies (in Nigeria
a rival is automatically an enemy).
This is going on even after an election
has been won and lost!
I have been back now for six months and I
was invited to an event at Bloomberg News in London which I attended two weeks ago.
At Bloomberg, the discussion was on why Africans prefer to spend money on foreign luxury brands rather than grow their own.
At Bloomberg, the discussion was on why Africans prefer to spend money on foreign luxury brands rather than grow their own.
But how can we grow each other when we are
busy blowing each other up?
The founders of Apple, Steve Jobs and
Steve Wozniak, are (were in the case of Jobs) called geniuses.
A lot of people
are not aware that the word genius is actually a Latin word that means a
guardian spirit present at birth, which drives a person’s inclinations.
What we as
Nigerians and Africans ought to ask ourselves is what is our genius? What
spirit drives our inclinations?
*Reno Omokri was
President Jonathan’s former adviser on New Media
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