Bringing Order to Nigeria's Licensing Chaos: Nigerian Entrepreneur Bola Akindele Is Finally Taming the Unruly Monster of Nigeria's Vehicle Registration and Licensing System by the Intelligent Application of Technology. Anver Versi Tells the Story of an Outstanding Business Achievement

By Versi, Anver | African Business, April 2012 | Go to article overview

Bringing Order to Nigeria's Licensing Chaos: Nigerian Entrepreneur Bola Akindele Is Finally Taming the Unruly Monster of Nigeria's Vehicle Registration and Licensing System by the Intelligent Application of Technology. Anver Versi Tells the Story of an Outstanding Business Achievement


Versi, Anver, African Business


The best business ideas are always those that provide simple solutions to seemingly complex problems. Once the solution arrives, the reaction is often "Of course! Why didn't we think of that before!"

[ILLUSTRATION OMITTED]

[ILLUSTRATION OMITTED]

While the solutions may appear simple - like the invention of the light switch or cat's-eyes on the road - the thinking behind the solution and processes involved can be complex and often require a flash of inspiration or even genius.

Take the matter of registering, licensing and insuring vehicles in a country like Nigeria. On the sun face, it should be a straight0-forward matter as long as all the various components necessary for the procedure are aligned and in synch.

That is theory. In practice, as any Nigerian will tell you, it has been a mess. It used to cost an enormous amount of time, energy and shredded nerves and at the end of it all, you could end up with the wrong type oflicence or a forged document not worth the paper it is printed on. Ditto for insurance.

The system, run by the local city councils, was always rickety but when vehicle numbers crossed the three-million mark in Lagos alone, it was overwhelmed. An urgent solution was desperately needed.

Enter Bola Akindele. He is one of those restless businessmen brimming with ideas and bursting with energy and enthusiasm to see good ideas through. I met him in Lon don in company with a powerful delegation exploring how the Olympics in London this summer can be leveraged in favour of African and Caribbean enterprises.

Given the fact that all eyes will be on London - including those of thousands of international journalists - Bin Ekong, Director of the African and Caribbean Business Experience, saw this as a golden opportunity to present a positive case for more investment and trade for the two regions. The aim is to create a major expo and a business-to-business event at the Grosvenor House Hotel during the Olympics. This would bring companies from around the world together with African and Caribbean entrepreneurs, which could be the start of very exciting developments in the future.

While in Nigeria on a trip to sell the idea, she met Bob Akindele, the managing director and CEO of Courteville Business Solutions Plc. "We hit it off instantly," says Ekong. His vision tallied perfectly with our vision." Akindele's company, Courteville, will sponsor the event, removing a huge financial load off Ekong's shoulders.

"My business is finding solutions," says Akindele. "Our companies need to reach out to the world - we have a great deal to offer The London event during the Olympics will provide the perfect opportunity."

Intelligent deployment of IT

It was this same passion to find answers that inspired Akindele's now historic solution to the quagmire surrounding vehicle licensing and insurance back home in Nigeria.

"It was clear to me that the solution lay in the intelligent deployment of IT. What was needed was a large enough database and an automated system. If we could bypass all the bureaucratic nonsense, the dilapidated filing systems and the handwritten chits then in use, we could deliver the same service far more rapidly, efficiently, securely, verifiably and profitably. Everybody would win - the vehicle owners, the councils, the insurers."

While many others in his position would have looked abroad for the management of the database, Akindele turned to the large pool of talented technocrats in Nigeria. "Everything about this business is home-grown," he says proudly. "We did not buy any proprietary software. We design, develop and deliver everything locally."

The penchant for Africans to turn to foreign 'experts' at the first chance is one of the things that irks him most. "I get calls from some states asking who our promoters are and if we are representing foreign firms because they cannot believe that what we do can be done solely by Nigerians. …

The rest of this article is only available to active members of Questia

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items

Items saved from this article

This article has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this article

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited article

Bringing Order to Nigeria's Licensing Chaos: Nigerian Entrepreneur Bola Akindele Is Finally Taming the Unruly Monster of Nigeria's Vehicle Registration and Licensing System by the Intelligent Application of Technology. Anver Versi Tells the Story of an Outstanding Business Achievement
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.