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The Infamous Sovereignty Clause and Incidental Matters

A full-blown media and Twitter hysteria erupted in Nigeria over reports that a member of the House of Representatives discovered a clause in a Chinese loan contract that supposedly puts the country’s sovereignty at risk in the event of default.The contract in question was a 2018 loan for $400 million from the China Exim Bank to build Nigeria National Information and Communication Technology (ICT) Infrastructure Backbone Phase II Project.

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Dear Founder, Are You Holding on to the Reins Too Tightly?

As a founder, it is very normal to get attached to your product especially if it’s your first ‘baby’. You put in a lot of time, mental and financial labour into it to get it working. People noticed and yes! you are finally making profit and getting the recognition you craved.

So what now?

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