Commodification of the Nigerian Naira: A Strategic Vision

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  The commodification of a currency involves transforming it into a tangible, tradable asset with intrinsic value, aiming to enhance stability, investor attractiveness, and international value. Nigeria's Naira (NGN) faces challenges, but a strategic approach, including the use of cassava and effective monetary policies, can address these issues. Historical Perspective: Traditionally, currencies were tied to physical commodities like gold. Today, most countries use fiat currencies, deriving value from government stability and trust. Cassava's Role: Cassava, a staple in Nigeria and a major global producer, offers ideal features for Naira's commodification: Versatility: With uses from food to industry, cassava supports economic sectors, bolstering Naira stability. Abundant Production: Nigeria's cassava abundance forms a robust foundation for value-added chains, meeting domestic and global demands. Export Potential: Investing in cassava-based exports, such as starch and bio...
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Unveiling Lagbaja: Behind the Mask of a Nigerian Music Legend

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Bisade Ologunde, famously known as Lagbaja, is a musical icon hailing from Nigeria. Despite his career spanning decades, Lagbaja's mystique is as captivating as his music. Let's delve into the story behind the mask that defines his enigmatic persona.


Lagbaja's musical journey began in the early 1990s, but his impact was felt most profoundly in the late '90s and early 2000s. His distinctive style extends beyond melodies to his stage presence, adorned in traditional attire reminiscent of masquerade costumes, with strategic openings around the nose and mouth.


The essence of Lagbaja's musical identity lies in the mystery he cultivates. His stage name itself, translating to "Nobody" or "Faceless One," emphasizes this intrigue. Lagbaja has maintained an unwavering commitment to never performing with his face exposed, leaving fans and the internet abuzz with speculation about his true identity.


Born on January 16, 1960, in Lagos, Nigeria, Bisade Olugunde's early life remains relatively unknown. Raised in a Baptist household, Lagbaja's father, Deacon D. A Olugunde, served as a Baptist deacon, imparting a typical Nigerian upbringing during a time of newfound independence.


Educated at Obafemi Awolowo University in Ile Ife, Lagbaja's journey into music began in the early '90s. Mastering the saxophone, his favorite instrument, he formed his first band in 1991, fusing 1960s high life music with Western jazz percussion instruments. The band's breakthrough came with the release of their 1992 album, "The Colours Of The Rhythm."


Lagbaja's critical acclaim soared with the 2000 double album "We and Me," where he boldly criticized Nigerian politicians, advocating for transparency and unity. The album marked a turning point in his career, solidifying his status as a musical force.


Despite his musical prominence, Lagbaja has guarded his personal life fiercely. Married with children, details about his family, particularly his wife, remain concealed. One of his daughters, Moyosade, gained attention when she married Olamide Oblilana in 2013. However, Lagbaja attended the ceremony without his mask, allowing a rare glimpse into his private life.


Moyosade, a management specialist with a master's degree from Pennsylvania State University, is one of Lagbaja's well-known children. The family currently resides in Manhattan, New York City.


As Lagbaja's music continues to resonate, his commitment to anonymity adds an intriguing layer to his legacy. Unveiling the man behind the mask remains a mystery he skillfully orchestrates, ensuring that Lagbaja's impact endures beyond his melodies.


Source: @NigeriaStories



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