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EDITORIAL
Board
THE GUIDE MAGAZINE

Aug/Oct 2016 Vol. 1 – Issue 2

PUBLISHER & CEO DESIGNERS
Iwalehin Remilekun Fanegan Oluwole
Omidiji Samuel
EDITOR IN CHIEF
John Felix CONTRIBUTING WRITERS
Sangosanya Oluwaseun
EDITORS Olajide Philips
Olajide Paul
Adeyemo Dare ADVERTISING SALES
Eluwa Kingsley
ART DIRECTOR Akinboyo Michael
Ogunkunle Tunde

OUR MISSION

To provide reliable business information to our readers, while at the same time
providing businesses with affordable print and digital advertising solutions as a

means of connecting them with their customers
The Guide Magazine is a publication of Ryluz Professional Associates

2, Olori Elegushi Street, Cele-Imedu, Awoyaya,
Ibeju-Lekki, Lagos.

07063821841, 07013344696

3 AUGUST/OCTOBER 2016

TABLE OF

SECRETS OF WEALTH CREATION....................................................................................................5
CULTURE MAP: A TOOL FOR AN ORGANIZATION CULTURE DEVELOPMENT.............................7
WARACAKE.COM ..........................................................................................................................9
10 COMMANDMENTS OF PERSONAL FINANCE..........................................................................12
THREE THINGS YOU NEED TO KNOW ABOUT RAISING CAPITAL FOR YOUR BUSINESS.............14
UNIQUE ART...................................................................................................................................15
LAGOS CABLE CAR.......................................................................................................................17
LIFE LESSONS FROM EURO 2016 CHAMPIONSHIP.......................................................................18

4 AAUUGGUUSSTT/O/OCCTTOOBBEERR22001616

Secrets

o f W e a l t h C r e at i o n

Often times we tend to believe that the sure way to become rich is by securing a high paying job or by winning a
fantastic contract or by going into business. While all these could translate to improved living standard in the short
term, they do not automatically result to wealth creation. The key to building wealth is to multiply your money.
That is letting your money work for you. We hope to share a few tips with you on building your financial fortune:

Save more because of the volatility of the equity market. The high
level of risk accounts for its high returns. You would not
You must know that the money spent will never come back need to bother yourself so much with the inherent risk of
to you but the one you save or invest, and this will enable you the market volatility if you are not speculating. Since your
earn more. The hard truth is, it is almost impossible to build goal is to build wealth for yourself, then an investment
wealth if you are spending all you earn on consumption. At decision in shares is a right one.
least 10% of your earnings should be kept away from your
reach, not even in your regular savings account. This is Hence the need to be aware of the principle of
foundational in building lasting wealth; this is what you build diversification, i.e, do not put all your eggs in a basket. A
upon. Little savings done over a long period of time can very good way to reduce or hedge against unsystematic
make a lot of difference after all; little drops of water makes risk is by building diversified portfolio (a collection of
the mighty ocean. When you learn to save when you earn investment). Spread your money across the various
so little, saving when the big figures start appearing will not industries in the stock market in a systematic and dynamic
be an issue. The more you are able to save the more money manner, so that if peradventure, things go bad in the
you are able to grow. This invariably means cutting down on industry where you had put your money, you would not
spending and lifestyle changes to accommodate the have to lose all your investments.
savings to be made.
To invest in stocks you will need to do a lot of analysis and
Learn the dynamics of making money projections, watch out for undervalued stocks and invest
in them, stocks that are temporarily below their intrinsic
You need to learn about how to make money. Wealth value. Stocks that still have potential for growth, stocks
creation is not just about savings. As important as savings is, it with good fundamentals but are currently not reflecting
is key to know that N1 saved today does not have the same their true value are securities to invest in.
value tomorrow, hence the need to invest and multiply
money saved. This spells the difference between the poor You should also know how long, what time horizon you are
and the rich. Learning to be financially smart cannot be over looking at, do you plan to buy and hold securities for long ,
emphasized. You will need to show great interest, and learn or you just want to actively trade by taking advantage of
to interpret financials. Understanding this basis is so key. You short term opportunities in the market and getting out
can talk to a financial adviser to assist if you do not know immediately, that will spell out the type of position and the
where to start. Reading financial newspaper is also a good type of stocks to buy.
place to start. This is to complement whatever assistance you
get from the professional, it is your financial destiny nobody Many erroneously believe the Stock Market is for the
can drive it the way you can. wealthy people. This is not true. With an amount as low as
#5,000 you can invest in shares. Now you don't have to
Invest Wisely amass millions of naira before you invest in shares. With
diligence and commitment to your financial goal, your
When you learn the abc of investments then you will need to little drop of water will eventually become a mighty
make healthy choices. Wealth building is a function of time, ocean.
which means it does not just happen overnight. You need to
build a pool of wealth where you have to keep your money To invest in shares, you will need a certified Financial
and earn returns. Don't make the mistake of keeping all your Planner
money in the bank where you are guaranteed little or no that can help you with the intricacies of financial data
returns. There are many investment opportunities where you and information. By walking up to a stock broking firm,
can put your money and make greater returns on who are the authorized dealers in the market, you will get
investment other than locking it away in your back account. the necessary assistance you need to start. Apart from
They include shares, bonds, debentures, treasury bills, Mutual assisting you to buy and sell shares though for a
funds, insurance etc. The returns on each of these options commission, they are there to advise you on how to invest,
vary depending on the level of risk exposure. Therefore, which stock to buy and also help to manage your
before you decide on where to put your money, you must portfolio.
discover your risk tolerance level. Whether you are a person
that loves to take risk or the type that avoid risk (Risk averse). If Contact us today
you fall in the latter category then an investment in shares
might not be the best for you except you consider holding 01-453-9636, 01-453-9017
the stock for a long term. Stock has been widely acclaimed
as the best asset to invest in especially if the securities are [email protected]
properly selected. Let's discuss investment in stocks a little
www.lambethtrust.com.ng
You may say, 'but investment in shares is risky. Yes it is
8 Alhaji Kanike Close, Off 100, Awolowo Road, S/W Ikoyi,
Lagos.

5 AUGUST/OCTOBER 2016

08091068181, 08091068168,
08091068202

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W- www.webdatatutors.com

CULTURE MAP:

CULTURe DEVELOPMENT

“Don't Let Your Company's Culture Just Happen”

BY PETER OLOWU (Managing Partner Wistraledge Consulting Services)

Companies try to motivate their people with Outcomes (What are you trying to achieve): You start
various incentives, but none of these by describing the outcomes you don't want—what
approaches address the deeper issues of why you'd see if your people weren't engaged. What are
employees are so disengaged. We believe the the outcomes you don't want to see? You could pick a
answer is culture—the formal and informal values, theme, instance, or incident that has taken place
behaviors, and beliefs practiced in an organization. internally to get the conversation started. In this context
Very few companies intentionally work on their you might identify that you want the following: people
culture—in fact, many companies just let culture are happy at work, people are engaged, and people
happen. do their best work

To become more systematic about culture design, we Your desired outcomes may often be the opposite of
use a tool that a company called Strategyzer co- your undesired outcomes but it might be helpful to think
developed in the USA. It's called the Culture Map. The about what your company has and what your
Culture Map allows you to have a conversation about company may desire. For example, “an internal pro-
the three key elements of organizational culture: environmental stance” to become a carbon neutral
workplace may engage individuals, but the outcome
may not directly answer a negative element in your
existing culture.

CULTURE Behaviours (What do you want to see in people inside
your organization?): this is the very visible part of your
MAP culture. These are the actions people perform every
day that result in the outcomes you've just listed. That is,
Outcome Behaviours Enablers and what do you want people in the organization doing
Blockers and not doing? Here you look at undesired and desired
behaviours. You might list the following undesired
Outcomes: These are the things you want (and don't behaviours:
want) your culture to achieve.

Behaviours: These are the very visible parts of
your culture—the positive or negative
actions people perform every day that result
in the desired or undesired outcomes for your
company.

Enablers and blockers: These are the formal
or informal policies, rituals, actions, and rules
that enable or block your culture—the
elements that are truly intentional to
achieving a desired culture.

Let's look at how you can use the Culture
Map to intentionally design the culture you
want to increase happiness and
engagement. There is no right or wrong way
to design culture. Every organization is
unique and you will design what fits your
needs.

7 AUGUST/OCTOBER 2016

Individual behaviour - Show little interest in their work, 20
procrastinate (surf the web), avoid responsibility.
Team behaviour - Participate in fighting and BuFsainsceisnsatFinacgts
blaming, look out for oneself, have a personal
agenda, sabotage projects; Leadership behaviour - That Will Blow Your Mind!
Care about personal power and prestige, only focus
on quarterly numbers 1. “Yahoo” is an acronym for “Yet Another
Hierarchical Officious Oracle”
You might list the following good behaviours that 2. The red and white Coca-Cola logo is
could counter bad behaviors: Individual behaviour - recognized by 94% of the world's population
People show passion for their work, are transparent 3. Google was originally called BackRub
about their work and progress, people take 4. Samsung accounts for 20% of Korea's gross
ownership; and most importantly, people look domestic product.
forward to coming into work. Team behaviour - 5. The simplest way to stand out on social
Collaborate and help each other, are open and media is to pay attention to your community.
honest, have fun. Leadership behaviour - Listen to Always reply to comments, seeking to create value
teams, help people grow. that goes beyond their expectation.
6. Seventy percent of small businesses are
Enablers & Blockers (How do you intentionally shape owned and operated by a single person
the culture?): This is where you have the ability to 7. The Rubik's cube is the best-selling product
influence the outcomes and behaviors you've of all time. The iPhone is second.
identified. The enablers and blockers are the formal 8. If you have $10 in your pocket and no
and informal levers that leaders, teams, and debts, you are wealthier than 25% of
individuals can intentionally pull to drive a Americans
company's culture. 9. Have Fun Managing your Payments – they
are the lifeblood of your business
Company culture can feel like a beast, which is why 10. Every major company was once a small
many leaders avoid having these tough business. Consider the garage days for the
conversations. But there are small ways to get founders of Microsoft and Apple.
started. Here are three things you can do together in 11. Small businesses provide 55% of all jobs
order to begin the conversation in: and 66% of all net new jobs since the 1970s
12. 70% of small businesses stay in business for
10+ minutes→ Do a quick assessment to map your at least 2 years and 50% stay open for more than 5
current culture. Have everyone think hard about years.
enablers and blockers. Quickly capturing your 13. It takes 6 months to build a rolls rolyce and it
current culture will allow you to carry over any rakes 13hrs to build a Toyota
existing enablers and positive behaviors that can 14. Adding /4 to the end of Facebook's URL will
also work in your desired culture. take you to Mark Zuckerberg's profile.
15. Pepsi got its name from the digestive
60+ minutes→ In a slightly longer session you can enzyme pepsin.
facilitate a shared understanding of your current 16. The most productive day of the workweek is
culture with people contributing their perspectives. Tuesday
Collaboration is key. How has your Culture Map 17. If Bill Gates were a country, he'd be the 37th
changed with others sharing their input? richest on earth
18. With a net worth of $16.1bn, Nigeria's Aliko
180+ minutes→ In this long session, you can move to Dangote is the richest Black person in the world.
defining your desired culture and kick off a 19. In the year 2012, the 100 richest people in the
conversation about how the company can move world earned enough money to end world poverty
from the current culture to its desired culture. four times over.
Individuals, teams, and leadership can collaborate 20. T h e w o r l d ' s l a r g e s t
to discuss and capture the desired enablers and package delivery company UPS
behaviors that everyone can begin to experiment was founded by two teenagers
with and implement internally. with a bicycle and $100 borrowed
from a friend.
Companies should be as intentional about culture as
they are about strategy and business model AUGUST/OCTOBER 2016
innovation. We believe that a tool is incredibly
important for discussing and capturing
organizational culture. Each one will be unique to the
challenge the organization has to face, whether
that's tackling growth, crisis, or disruption. You can't
create a culture that will do any of that without the
right tools.

8

WaraCake.com

where all the best cake bakers in town meet

TGM: May we meet you?

WARACAKE: My name is Olatunde Ayilara a graduate
of Management and Accounting from the
prestigious Obafemi Awolowo University, Ile-Ife. I
currently serve as the CEO at WaraCake.com.
WaraCake is an on-demand solution for cakes and
other gift items.

TGM: What informed the name WaraCake?

WARACAKE: The name was derived from the Yoruba
language of Nigeria which came into existence after
I came across my aunt's cake in Lagos traffic.

WaraCake was birthed to create an e-commerce
and logistics solution to lovers of cakes and other
confectionaries and to contribute my bit in the
resuscitation of the economy

TGM: What was it like doing business as an
undergraduate?

WARACAKE: As an undergraduate, I had started
with a lean team on a stealth mode; I applied for
every opportunity I could lay my hands on. Sold as
much cakes via every low-cost or zero-cost
marketing technique one could think of.

9 AUGUST/OCTOBER 2016

TGM: What motivates you?
WARACAKE: I am motivated by the warm responses I receive from clients
whom have grown to become regular buyers. It feels great to offer solutions
that enable people surprise their loved ones without undergoing any form of
stress.
TGM: Projections for the future?
WARACAKE: I hosted a cake fair in October last year in Lagos and we would also be hosting a bigger
one again this 2016 in Lagos

WaraCake is projected to become the only go-to solution for gifting on-demand in Africa.
TGM: Your advice to intending entrepreneurs?
WARACAKE: To everyone out there that seeks to start up a business, my advice for
you is to just start, launch out in any way you can, starting lean is key especially if
you are in Africa, if you do not know how to manage resources efficiently while
you are still hungry, you will probably fail if you had more funds at the start.
TGM: What informed WaraCake for you as a Man?
Taking into cognizance it's a female kind of business.
WARACAKE: I love cakes personally and I grew up around them as my mum was a baker.
TGM: How do clients access you? Home deliveries et Al?
WARACAKE: Yes, home delivery is our core work. We have delivery partners and buddies signed up.
TGM: What makes your cakes different from others?
WARACAKE: We only sign up verified bakers in different parts of the city. After seeing and tasting their
works, we can sign them up. We also partner with the best bakers in order to ensure that our clients get
the best cakes for their loved ones.

10 AUGUST/OCTOBER 2016

OUR VISION 1000 +

To develop young minds, PRACTICAL BUSINESS
to become tomorrow’s IDEAS AND DIRECTORY
leaders OF MONEY SOURCES

MISSION (Available in print, audio and
mobile app in Google Play
To nuture leaders with Godly values, Store, Windows, etc.)
self-confidence, independence, A sense Sales Outlet : Laterna
of order, Competence, Awareness of oneself, bookstore,UNILAG bookshop,
competence in creativity, self expression, Covenant University Bookshop,
the community & the world. Booksville Ikoyi, Glendora Bookshop,
Jumia online, Konga, Kaymu etc.
11 Email address : suinnkfoa@[email protected]
Phone contacts: 08036671836,08173111771

AUGUST/OCTOBER 2016

10

Commandments

of Personal Finance ByJimProbasco Investopedia

Personal Finance is the science of handling money. It refers to the practices of earning,
saving, investing and spending money. Those best practices are presented here in the
form of Ten Commandments of Personal Finance, each with a subset of tactics to consider
when creating your own system for handling your finances.

I. Thou Shalt Plan and Then Act
The first commandment actually has
two parts – planning and acting. The
planning part involves setting financial
goals and then creating a financial
roadmap (budget) that will let you
reach those goals over time.
The acting part involves nothing more
complicated than following that
budget. If you're part of a couple, the
planning and acting parts should
involve you and your spouse or
partner.
Use technology to your advantage.
Numerous apps and software
programs exist that can perform all
pertinent calculations and allow for
“what-if” planning that can be very
helpful.

II. Thou Shalt Save and Invest Wisely
It's important to “pay yourself first” to
make sure money is set aside for
emergencies and unexpected
expenses. Learning the value of
compound interest helps you
understand how savings can grow well
beyond the amount you originally set
aside. Understanding how to invest
and which types of investments to
make at each stage of your life is
critical.

12 AUGUST/OCTOBER 2016

III. Thou Shalt Not Overspend
This sounds simple enough – don't spend more than you
earn. The problem is most people have to borrow from
time to time – buying a house is one good example.
Learning when to buy a car vs. lease one, when to rent a
place to live vs. diving into a mortgage, or even when to
purchase a subscription (to software for example) vs.
buying outright, which is sometimes the better financial
move.

IV. Thou Shalt Pay Bills on Time
One of the fastest ways to ruin your credit score is to
constantly pay bills late – or even worse, miss payments. If
you buy something on time or purchase a service that
requires payments, make those payments on time –
always.

V. Thou Shalt Limit Debt
The best way to limit debt is to not have any. Pay off credit
card balances and only take out loans when you are
unable to save the money up front.

VI. Thou Shalt Teach Thy Children About Money
Besides just being part of good parenting, taking time to
teach your children about the value of money and how to
save, invest and spend wisely can pay off down the road.
That is, unless you relish the idea of your adult children living
in your basement and depending on you for support, food
and housing because you failed to teach them how to spend wisely.

VII. Thou Shalt Buy Insurance
Insurance of all kinds – health, auto, homeowners and life – is a hedge
against financial catastrophe. You cannot afford to gamble on a major
financial loss that could bankrupt you and cause economic ruin. At the
same time, it's important to study your options carefully. Not all insurance is
the same and the effort you take to educate yourself can pay off in the end.

VIII. Thou Shalt Plan for Retirement
Investing is only one part of planning for retirement. Other strategies include
waiting as long as possible before signing up for Social Security (which is
smart for most people) and making sure you get the full company 401(k)
match available to you from your employer.
Learn about other retirement saving and investment options, including IRAs
and take the time to use available calculators to determine just how much
money you will need in retirement.
IX. Thou Shalt Have a Will
To protect the assets in your estate and ensure that your wishes are followed
when you die, be sure you make a will or trust. Other critical documents
include a living will and healthcare power of attorney. While not all these documents directly affect you, all of
them can save your heirs considerable time and expense when you fall ill and when your estate is settled.

X. Thou Shalt Donate
This one is not just about the income-tax deduction you could receive – thereby benefiting you directly at tax
time – it's also about the goodwill you create and the charitable works you support in your community. Not all
donations are financial. You can also donate your time, energy and skill – deducting mileage and other
expenses while building up a sense of accomplishment and satisfaction that has no price.
These Ten Commandments of Personal Finance provide simple, common-sense guidelines about how to
handle income, save and live a happier, healthier, less stressful financial life.
Controlling spending, investing wisely and thinking about your financial future are generally not difficult if you
develop a plan and follow it.

13 AUGUST/OCTOBER 2016

THINGS
YOU NEED TO KNOW ABOUT RAISING

FOR YOUR BUSINESS

Just as a tree only cannot make a forest, so also Family & Friends: Approaching friends, family
ideas itself cannot form a business. Every idea and relatives is another option an entrepreneur
needs financial capacity to thrive. An has to raise fund. This is the second and most
entrepreneur may have a great idea, and a well- common source of ‎ fund for startups. Tonia
developed strategy to turn it into reality, but without Papke pointed that, family and friends are great
a startup capital the idea may die. sources of financing; this people know you have
integrity and will grant you loan base on the
Raising capital for business has been seen as the strength of your character
hardest part of starting a business. And this is one of
the major reasons many aspiring entrepreneurs are However, you may need to share your business
yet to launch out their businesses. However, this plan with them; especially those who believe in
session is devoted to teach you how entrepreneurs you, and can assist you with a startup capital,
can source and raise fund for their businesses. either in form of a loan or goodwill.
Some may be willing enough to render you the
Personal savings: The first bank to source money to money needed without any interest, and others
finance your business is your personal savings. This may charge you interest. Irrespective of the
could be from your wages or salary accumulation. It type of fund you need, it is important you
is a cheap form of finance that is readily available. choose your financier carefully, and be realistic
And it does not require any collateral. Most start-ups about how much money you need. Agree on
make use of their personal savings to get their terms of payment, and be committed to paying
business started. Your personal money first, before it as at when due.
seeking external funds.

Cont. page 15

14 AUGUST/OCTOBER 2016

Angel Investors: Angel investors are successful PERSONALITY PROFILING OF
business people who dig into their deep pockets
to finance new businesses with high growth JACOBS DAMILARE
potential. If you are low on start-up capital, an
angel investor can truly seem "heaven sent," but EZRA
it's important to note first of all, money from an
angel investor is not a loan. It's an equity (FOUNDER OF UNIQUE ARTS
investment. And equity investment buys the STUDIO AND GALLERY)
investor a share in the ownership of the
company.

Therefore, if you accept money from an angel
investor, you are also giving up partial control of
your new business. An angel investor will ask for at
least a ten percent stake in your business, but
could go as high as fifty percent for a riskier start-
up, depending on your terms of agreement. For
many small business owners, it is difficult to cede
authority to an outside investor. So, think well
before attaching strings to your money. On the
bright side, since Angel investors do not give
loans, there are no regular payments with interest
to worry about. However, as partial owners, they
will take a chunk of your profit.

You can attract Angel investors with the same EARLY LIFE AND EDUCATION
strategies you use to get a bank loan. That is, you
must have a legitimate product or service to sell, Jacobs Damilare Ezra was born 3rd August,
and you should have a solid business plan. Also, 1986 in Lagos State to the family of Jacobs
having initial customers or interested users is a Oluwaseun Adekanmbi. He hails from Okeho
good sign. In fact, you need to have made Kajola Local Government of Oyo State. He had his
progress and likely boot strapped your way to primary and secondary education in Okeho area
some signs of success for an angel investor to be of Oyo State. He furthered his education at Federal
interested in you. To seek out an angel investor, College of Education, Osiele, Abeokuta in Ogun
the first place you should look is your own State. Currently he is a student of Obafemi
personal and professional network. These are Awolowo University, Ile-Ife, Osun state where he is
most likely to be the ‎ folks that know and believe studying Fine Art in Education.
in you. Nevertheless, you must be cautious; your
friends and family may be willing to invest money cont. page 16
in your company, and you need to treat them as
investors, not just wealthy friends.

For further business tips, please place order for
"Business Roadmap for Startups" also would you
need personal or cooperate business training.

Contact Paul Olajide via
08038352784 (Whatsapp)
Twitter: @pauljide-
Facebook: Paul Exhibit

15 AUGUST/OCTOBER 2016

Damilare discovered his artistic ability at the age of
eight (8) when he was still in primary school. He had
passion for art; he drew cartoons figure and
comics which was always fascinating to his
classmates who were always interested in seeing
his works. At age (thirteen) 13 his passion and flare
for the art increased tremendously, he took his
works out which served as a means of livelihood for
him. He drew with pencil, ink crayon water colours
to make human portraiture.

WORKS

Damilare's major art work is portraiture. His portrait
of the late chief Obafemi Awolowo is one of his
earliest outstanding work of art. He was opportune
and made a very large portrait for the then
governor of Oyo state, Governor Adewolu Ladoja.
Because of his uniqueness and interesting art work,
many students learned and taught fine art under
his supervision. Damilare is a very prolific artist
whose work tends to be simple yet with a mass
'African' appeal. His subjects are diversified, but
mostly inspired by the African society.
As an artist, Damilare is very versatile, he is able to
exhibit dexterity in the use of pencil, oil paint,
pastel, acrylic, gouache and even pen and ink as
a medium and his technique leans towards
realism.

Jacobs Damilare Ezra is the founder of Unique Art
Studio and Gallery. Since inception has been able
to deploy over a thousand portraits.

Achievement

Unique Art was honoured with an award by the
Association of Nigeria Authors (ANAOAU) Osun

State chapter (OAU) Ile-Ife
for CREATIVITY November
2015.
Unique Art won the
category most creative
which it was nominated for
in the OAU Outstanding
Students Choice Award of
Recognition (OSCAR)
award the year 2013/2014.

Phone contact:
08034555673,
08054019888.

16 AUGUST/OCTOBER 2016

LAGOS CABLE CAR-Olajide Philips
Ropeways Transport Limited is a special purpose vehicle that seeks to deploy a mass urban cable
propelled transit system in the Lagos Metropolitan Area.

The Project otherwise known as Lagos Sky Bus will serve as an affordable and reliable transportation
alternative to over 12 million daily commuters in Lagos who are currently compelled to utilize articulated
buses, motorcycles, ferries and private vehicles on severely congested roads within the Lagos
Metropolis.

The cable car transport project will be affordable to all, It is believed that the Project will go a considerable way
and aims to relieve pressure on the traffic system and to address the congestion problem in the current
reduce average journey times by as much as 70 minutes system.
each way, with 9,000 vehicles taken off the roads each
day, alleviating congestion and reducing pollution. The LCCT (Lagos Cable Car Transit) will operate
completely independent of the state grid with each
… A Reliable Transportation Alternative to Lagos station having its own natural gas (primary) and diesel
Commuters (standby) power generating plants with rotary UPS
backup. Other centralized facilities including
It is also expected to provide significant returns to management offices, operational control rooms,
investors and potentially reduce the carbon footprint in maintenance workshops and a Eumetsat real-time
Central Lagos by up to 30%. satellite weather and predictive forecasting station. The
Project will provide commuters with an affordable, safe,
RTL has negotiated a 30-year franchise agreement with timely and stress-free mode of transportation around
the Government of Lagos State for the operation of 3 the metropolis.
routes, namely: With construction planned to commence soon and
operations starting in 2018. The system will be designed
- Ijora to Adeniji Adele, via Iddo; to accommodate up to 240,000 trips daily. Financing
- Adeniji Adele to Ozumba, via Obalende and Falomo; will be met through a consortium of local sponsors and
- Apapa to Adeniji Adele, via Oluwole. international and local financial institutions led by the
African Development Bank (Afdb).
RTL's seeks to ameliorate the existing congestion on the Trico Capital is the Financial Adviser to Ropeways
six (6) main bridges connecting Lagos Mainland to Lagos Transport Limited, sponsors of the US$275million
Island. These routes accounts for a significant proportion transport project to develop a 12.85 km network of
of the millions of passengers who are been conveyed by cable cars serving the metropolis of Lagos and
the BRT (Bus Rapid Transit) and other transport services connecting Lagos Island with both the mainland and
annually. Victoria Island.

To test your mental acuity, answer the following questions BRAIN TEASER
(No pecking at the answers!)

1. What am I? 6 . How can you make 7 even? Answers
2. What house can fly? 7. What melts in a freezer? 1. A question!
3. What chair can move 8. You see me roll every day. 2. Housefly!
4. Why is 6 afraid of 7? 9. How to talk but not talk? 3. Chairman
5. What do you call 2 Us? 10. What makes this 4. Because 7 is

number unique - 8,549,176,320? hungry as '7 ate 9' ( 7,8,9).
5. A W(Double U)!

Kindly send answers (question 6-10) to [email protected]. The first ten winners to send in their answers will
have their names published in our next issue and shall be entitled to 10%discount on Ad placement

17 AUGUST/OCTOBER 2016

LIFE LESSONS FROM

EURO 2016 CHAMPIONSHIP

Holding On To Your Dreams In The Moments Of Challenges

Nobody ever believed the Portuguese team 25 minutes into the match, the Portuguese
were good enough to win the tournament. captain Cristano Ronaldo was substituted as a
The favourites were Spain who won the result of injury sustained. He cried and felt that he
tournament in 2008 and 2012 consecutively, France had let his country down when he was direly

the host team with world class players, Germany, needed. The Portuguese team supporters

World Cup 2014 winner and recently the best team couldn't hold back their tears too. They cried as

in Europe, Italy, World Cup 2006 winner and they looked on seeing their best man being

presently have great players doing well in their stretched off the pitch.

respective clubs.

The match was extended to extra minutes and

Portugal played her first match of the tournament the long awaited goal came in the 109th minute

against Iceland, a country with a population of when a substitute Eder fired a long-range strike

330,000 people with no success history in football; that gave Portugal the trophy. Ronaldo refused

the match ended in a draw. The second and third to let go, outside the pitch he became a

matches both ended in draw and were lucky to motivator and a leader. He inspired the team

have qualified for the round of 16 as one of the best within and outside the pitch. Portugal emerged

losers. the winner despite the challenges.

Football pundits, critics saw their previous Portugal won the European Championship for the

evaluation of the team as a team not capable of first time in its history

going beyond the group stage despite the fact that

they were drawn against countries they should In life, you must learn to hold on to your dream.

qualify with nine points. Supporters of the You must not let go no matter how tough the

Portuguese team were disappointed in their group challenges may be. Even when no one believes

stage performance and had quickly resolved for a in you like the Portuguese dream, believe in

better team. . yourself. Believe you can achieve your dream. Be

like the Portuguese!

With hard work and determination, they defeated

Croatia, Poland and Wales to qualify for the final. Vincent Adeoba
Many believed the final was a lost match for

Portugal already. They were to play against France

the host team who football lovers had believed

deserved the trophy after defeating some of the

competition's favourites.

18 AUGUST/OCTOBER 2016

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