Nigeria's future 20200930

Hello, Nigeria!

#SerialEntrepreneur #Professor #Consultant
#Investor #Athlete #Mathematics #KeynoteSpeaker,,
-K Consulting Co., Ltd (CEO)
-Nagoya University (Visiting Professor)
-SLOGAN Inc.（Co-Founder & Executive Fellow）
-IIT Kharagpur, IISc, Indian Institutes of Management,
IIT Hyderabad, National University of Singapore,
Institut Teknologi Bandung, University of Indonesia,,,
（Guest Lecturer）
Kazuaki ODA (織田一彰)

1997 Accenture@Chicago

NATCON2019 @Bangalore

Hokkaido University

Indian Institute of Science
(IISc) Bangalore

Tokyo University

National University of Singapore

Beijing University

University of Indonesia

Indian Institute of Technology
Kharagpur

<Today’s Topics>
(1)How is the world going?
(2)Technology can change our world
(3)SDG’s for the future
(4)What shall we do next?
“Nigeria’s future”
Kazuaki ODA

What is the “COVID-19(SARS-CoV-2)” ?
-First found in Wuhan, China in 2019
-Strong infection and high fatality rate
-Mutated into 8 variants(*)
-24 vaccine candidates were undergoing clinical trials
(*) https://futurecity.cw.com.tw/article/1403

(1) World economy goes down so hard
(2) It accelerates “Digital Transformation(DX)”
(3) Regional disparity in developing countries increases
(4) Sovereign risks get more serious(“Default”)
(5) World political power balance changes
(6) Big influence on presidential elections in many countries
(7) Digitalized and remote work style will be normal
Direct Impact of COVID-19

Dow Jones Index (stock market)
WTI Price Index (oil market)
Worldwide economy went down in a short period

Many BIG names went bankrupt
“Travel”, “Food” , “Retail” and etc

IMF(International Monetary Fund) reported (June 2020)
Global growth is projected at -4.9 % in 2020
(ref)
+3.6%(2018), +2.9%(2019)
(https://www.imf.org/en/Publications/WEO)

COVID-19 reveals hidden problems
(1)Weakness of political and social systems
(2)Economic disparity inside a country
(3)Accumulated bad debts of both companies and governments
(4)Disconnectedness of real economy and financial markets
(5)Negative factors caused by globalization
(6)Over-investment to developing countries and markets
・・・

Basic trends and topics before/after COVID-19
(1) Constant rise of population and economies
(2) Increase in regional disparity
(3) Increase in sovereign risk from big debts and deficits
(4) Dead ends of present social systems (Democracy, Capitalism, Socialism,,,)
(5) Conflicts in politics and economy of US and China.
(6)Many countries try to find their positions in a complicated situation
(7) Globalization has led to unwanted results- pollution, unemployment,
immigration, disparity, deflation
(8) Global warming, natural energy, old-aged society are NOT solved

Central banks have “stimulus packages”
“Helicopter money” works?

Compared the default on “Asian Currency Crisis(1997)“,
more countries will be in danger of defaults.
“They(=companies) are too big to fail!” === >
The “Zombies” are not COMPANIES but COUNTRIES.

Chaos in the political and social system
-Regional disparity leading to fall of the EU
-China’s challenge of ‘social capitalism’
-US & China’s search for a new power balance
-East Europe’s distress- EU or Russia?
-Where did the old empire of Russia and Turkey go?
-Africa is rapidly growing but what about the corruption?
-Rise of nationalism in various places
-Increasing chaos in the Middle East
-Outbreak of proxy wars in various places
-Is it finally time for an African era?

0%
1%
2%
3%
4%
5%
0
10
20
30
40
50
60
70
80
90
100
1990 1995 2000 2005 2010 2015 2020 2025 2030 2035 2040 2045 2050
World
Japan
(Billions of People)
Source: United Nations
Population Forecast of the World

World Population Ranking（2019 => 2050）
1 China 1,434
２ India 1,366
4 Indonesia 271
6 Brazil 211
3 USA 329
7 Nigeria 201
8 Bangladesh 163
9 Russia 146
10 Mexico 128
5 Pakistan 217
1 India 1,639
２ China 1,402
4 USA 379
6 Indonesia 331
3 Nigeria 401
7 Brazil 229
8 Ethiopia 205
9 DR Congo 194
10 Bangladesh 193
5 Pakistan 338
United Nation “World Population Prospects 2019 （million USD）
<2019> <2050>

U.S.
(Trump)
China
(Xi Jinping)
EU
(Merkel)
Japan
(Abe)
Russia
(Putin)
Nigeria
(Buhari)
Positive factors
Strong military, World’s largest market size,
Gathering talent, Shale gas and oil,
Settlement currency “US Dollar”,
High level of research, English spoken
Potential market size of 1.4billion, IT, drones,
AI professionals and technology,
Belt and Road initiative,
Top down integrated policy
Large market, High education standards,
High technology standards, Educated
employees, Stable financial markets
High industrial technology, Low crime rate,
Good infrastructure, High education
standards, Diligent workforce
Abundant natural resources, Strong military,
High science and engineering standards,
Potential market size of 200 million,
Huge population bonus, Abundant natural
resources, Cultural diversity, English speaking
ability
Negative factors
Big trade & finance deficits, Huge amount of
government debt, Biggest social disparity,
Divided society, Racial problems
US China trade war, various internal affairs,
Hong Kong/Taiwan problem, Big troubled
debt, Constant lack of resources,
Unpredictable future political system
Political instability, Unstable EURO,
Regional disparity, Rise of nationalism,
Frequent terrorism, Next leader after Merkel
Complex consensus of states
Decreasing population, Highly aged society,
Huge amount of government deficit,
Losing shares of products, Labor shortage
Brain drain, Delay in industrialization,
Over- dependence on resources, Wealth
disparity, High suicide rate, unstable political
position
Inefficiency in democracy, Wealth disparity,
Weak infrastructure, Brain drain,
Air pollution and environmental problem
Hidden negative issues appears

＜What technology solved＞
Rescue from starvation
A large increase in human population
Increase in travel distance
Health and lifespan of people
Rise of civilization and culture
Stable livelihood
Abundant food and products
＜Tragedy caused by technology＞
Development of war weapons
Increase in the economic disparity
Increasing competition
Destruction of nature and environment
Waste of resources
Loss of mental health

India’s IT Center, Bangalore

India’s Startup Event and Incubation at Hyderabad

China’s Startup Ecosystem at Shenzhen

GoJek Headquarter at Jakarta, Indonesia

Beautiful International City, Singapore

New IT city of Vietnam, DaNang

The “war for talent” has already begun
-With the rise of mobility, talents gather where skilled people
assemble
(West coast, Shenzhen, Berlin, Singapore, Bangalore,,,)
-English-speaking countries rich in culture are at an advantage
-Widening regional and national educational disparity
-People with skills such as data analysis and IT have an advantage
-The ability to ‘search, find and use’ information rather than simply
remembering would become more important
-Human skills(leadership and team building), creativity and design
skills become more important

Why SDG’s?
(Sustainable Development Goals)

Why SDG’s?
Because it has NOT been sustainable

Why has it NOT been sustainable?
Greedy capitalism/Short-term goals/
No social objective/No government…

There are so still many issues in the world
poverty, rising inequalities, disparities of opportunity, wealth
and power, gender inequality, unemployment, global health
threats, natural disasters, spiraling conflict, violent
extremism, terrorism, humanitarian crises, natural resource
depletion, environmental degradation, desertification,
drought, land degradation, freshwater scarcity and loss of
biodiversity, climate change,,,

Capital market
(資本経済)
Why SDG’s?
The gap of two systems is too big to coexist!
Real economy
(実体経済)
-SDG’s
(Sustainable development goals)
-ESG investment
（Environment/Social/Governance）
-NPO
(Non-profit organization)
-NGO
(Non-government organization)

What are SDG’s?

(1) End poverty in all its forms everywhere
(2) End hunger, achieve food security and improved nutrition and promote sustainable agriculture
(3) Ensure healthy lives and promote well-being for all at all ages
(4) Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all
(5) Achieve gender equality and empower all women and girls
(6) Ensure availability and sustainable management of water and sanitation for all
(7) Ensure access to affordable, reliable, sustainable and modern energy for all
(8) Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for
all
(9) Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation
(10) Reduce inequality within and among countries
(11) Make cities and human settlements inclusive, safe, resilient and sustainable
(12) Ensure sustainable consumption and production patterns
(13) Take urgent action to combat climate change and its impacts*
(14) Conserve and sustainably use the oceans, seas and marine resources for sustainable development
(15) Protect, restore and promote sustainable use of terrestrial ecosystems, sustainably manage forests, combat
desertification, and halt and reverse land degradation and halt biodiversity loss
(16) Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build
effective, accountable and inclusive institutions at all levels
(17) Strengthen the means of implementation and revitalize the Global Partnership for Sustainable Development
17 Sustainable Development Goals

“Business Opportunity Principle”
Pain >>> Want
Social issues
(natural disasters, poverty, inequality,,,)

New Era, New System
No border, No nationality, No religion

“Cross-border new social system”
-Integrated stable power generation policy/regulation
-Proper allocation of wealth in the whole world
-Global warming and pollution control
-Redefining the responsibilities and roles of multinational
companies and the nation
-Revision of educational disparities (region, income, gender)
-Establishment of a global police system
-Sharing and management of intellectual property rights
-Adaptation of society and individual to an aging society

Thank You !!

<facebook>
http://facebook.com/kazuaki.oda (follow)
http://facebook.com/kazuaki.oda2(friendship)
<Linkedin>
https://www.linkedin.com/in/kazuaki-oda
Kazuaki ODA（織田一彰）
facebook Linkedin

Nigeria's future 20200930

Recommended

Recommended

More Related Content

What's hot

What's hot (20)

Similar to Nigeria's future 20200930

Similar to Nigeria's future 20200930 (20)

More from Kazuaki ODA

More from Kazuaki ODA (20)

Recently uploaded

Recently uploaded (20)

Nigeria's future 20200930