News
Food for Living: Taking Advantage of Mistakes and Failures
By Henry Ukazu
Dear Destiny Friends,
Nobody is a above mistakes, so goes the popular saying. And everyone, living or dead, has at one time or another, made a mistake or failed in certain undertakings. This however, has nothing to do with how perfect one is, or may try to be, or even how lousy or unprofessional someone is. Even known perfectionists have been humbled by their own mistakes. But nobody should be subdued by their mistakes or failures because they are not as bad as they are viewed. They are actually stepping stones to greatness if well harnessed.
The only person who hasn’t made a mistake in life is the person who isn’t doing anything. Isn’t it true that the more you strive, the more opportunities come to you. When you make a mistake, it simply means you are doing something, and you are learning.
We have all, at certain times and levels, made mistakes in our businesses, academics, relationship/marriage, profession/vacation and even in our personal lives. Mistakes and failures go pari pasu. Failure is the aftermath of uncorrected mistake. When you fail and refuse to stand up, the failure will define you. The same way a mistake will only define you if you don’t learn from it. It’s quite unfortunate some people allow their mistakes to define them.
Did you know that a single mistake can lead to a major mistake that can set one back. Imagine having a resourceful person in your life, instead of learning from the person, you decide to beg the person for money. Imagine also, you are driving, and you miss an exit, one may have to reroute to the next available route to get back on track.
If you have made a mistake, please don’t be hard on yourself. The mistake can be a set up for success. Sometimes, we feel we have lost an opportunity, but we fail to understand that the mistake was orchestrated by the divine because you never know what’s likely to happen in the near future.
The journey to a fruitful life is not really a smooth ride. One will encounter mistakes and failures along the way. The experience one encounters is used to test the character of the person in addition to strengthening them when they fail.
One of the best ways to capture the relativity of mistakes and failures was captured by Dr. Yomi Garnett, an accomplished ghost writer. According to him, “Anytime you fail, ask yourself these questions,; why did I fail? What lessons have I learnt? Am I grateful for the experience? How can I turn the failures into success? Where do I go from here? Who else has failed I this way and how can he help me? How can my experience help others from failing? Did I fail because of another person, my situation or myself? Did I actually fail, or did I actually fall short of unrealistic high standards? In these circumstances, where did I succeed as well as fail”?
On a closer look of the above statement, one will decipher that both mistakes and failures are needed for success because they have advantages and disadvantages. It all depends on one’s understanding and approach to it. To put it in a more better perspective, see mistakes and failures like a pencil with eraser. When you fail or make a mistake in the journey to life, use the eraser to clean it and then begin again.
If you are intentional in achieving success; whenever you fail, and understand the cause of your failure, you will go to the drawing board to know where you missed it. When you discover the reason, don’t be hard on yourself, just pick yourself up and be grateful for the experience. Remember, if you don’t make mistakes, you won’t learn much. This is because a wise man learns from his mistakes, but a wiser man learns from other people’s mistakes so that he makes minimal mistakes.
One of the reasons people have failed and learnt from their mistakes is because they have accumulated so much practical experience. Imagine a person, who has failed in business or marriage, and is advising you on how to be successful in business or marriage; their advice will come from a place of experience. The same is applicable when they are advising you on what made them successful in their marriage or business. If you are smart enough, you will run with their words.
In our contemporary society, we tend to follow people who have only succeeded in their craft, and apportion little regard to those who have failed. A progressive and intentional mind will have a different mindset because they will know that whatever has the capacity to succeed also has the capacity to fail.
On a personal note, whenever I meet a resourceful person I adore, I always ask the person, what would you have done differently 20 years ago if you had the opportunity, or what has life taught you as well as what would be your advise to a young person who wants to succeed? All these are targeted to understanding the mistakes and failures the person experienced so I can learn and avoid it as opposed to focusing only on the reason they succeeded.
There’s no doubt circumstances, situations and human beings can contribute to the failure of anyone, but one thing is certain, we are responsible for our life because no matter what happens, circumstances don’t say who you are, they reveal who you are.
When you set high standards for yourself and fail, it’s not actually a failure per se, because you are trying to exceed expectations. Be positive and see the high standards as motivating yourself to do better as opposed to setting lower standards and exceeding expectations. The moral of this statement is for one not to be comfortable in their comfort zone.
In conclusion, if you are desirous of making an impact in the society, see mistakes, failures, and experience of life as life treasures. Remember, when you succeed, it is the failures, mistakes and your personal and professional experiences that will form stories. As a matter of fact, most people will be attracted more to your failures than your success because they will learn more from them.
So again, I will ask you, who has failed you, who has disappointed you, what mistakes have you made and learned from, and most importantly, how has your mistake and failures made you more efficient. In answering these questions, remember, don’t be hard on yourself.
Henry Ukazu writes from New York. He works with the New York City Department of Correction as the Legal Coordinator. He’s the founder of Gloemi. He’s a Transformative Human Capacity and Mindset coach. He is also a public speaker, youth advocate, creative writer and author of Design Your Destiny Design Your and Unleash Your Destiny . He can be reached via info@gloemi.com
The Federal High Court in Abuja on Wednesday ordered the Economic and Financial Crimes Commission to within 24hrs release socialite and business woman, Aisha Achimugu.
Justice Inyang Ekwo in a short ruling also added that parties in the suit especially the EFCC are to report to the court to give report on compliance to the order of court on May 2, 2025.
Recall that Justice Ekwo had on Monday, ordered Achimugu to submit herself to the Economic and Financial Crimes Commission in connection with an on going investigation bordering on Money laundering and other offences.
Justice Ekwo, also held that following her appearance at the EFCC office, the antigraft agency is to return with her and make an appearance before the court on Wednesday April 30, for report.
Meanwhile, the EFCC arrested Achimugu at about 5am on Tuesday at the Nnamdi Azikiwe International Airport.
The EFCC is investigating Achimugu on a case involving conspiracy, obtaining money by false pretence, money laundering, corruption, and possession of properties reasonably suspected to have been unlawfully obtained.
While she was previously arrested and questioned by the EFCC, she was released on administrative bail by the commission.
However, EFCC alleged that she jumped bail and declared Achimugu wanted.
The EFCC in a press statement urged the public to provide information about Achimugu’s whereabouts, “The public is hereby notified that AISHA SULAIMAN ACHIMUGU is wanted by the Economic and Financial Crimes Commission in an alleged case of criminal conspiracy and money laundering,” the statement read.
The EFCC in its affidavit to show cause, averred that on February 12, 2024, when Achimugu was previously arrested, in their office with her lawyer, Darlington Ozurumba, she wrote a statement.
The commission said in the statement, that she explained some of the huge funds which passed through her corporate bank accounts.
It said that Achimugu admitted the sum of N8, 710, 000, 000.00. (eight billion, seven hundred and ten million naira) was paid by her partners as an investment fund into the purchase and payment of a signature bonus for the acquisition of oil bloc on Nov. 8, 2022.
It said further investigation however revealed that Achimugu, through her company, Ocean Gate Engineering Oli and Gas Limited, acquired two oil blocs, namely Shallow Water -PPL 3007 and Deep Offshore-PPL 302-DO for the total sum of $25, 300, 000 (twenty-five million, three hundred thousand dollars) through majorly cash payments made to the Bureau De Change (BDC) operators who in turn made payments to Federal Government via corporate accounts.
The commission alleged that the ultimate sources of the said sum of $25,300,000 used in the acquisition of the oil blocs were not linked to her lawful earnings or income or any business partner.
A prominent business executive and socialite, Aisha Sulaiman Achimugu, has been “arrested” by operatives of the Economic and Financial Crimes Commission (EFCC), according to her legal team.
Chikaosolu Ojukwu, SAN, made this known in a statement to Nairametrics on Tuesday, stressing that “Aisha Achimugu, who arrived voluntarily into the country from London, was arrested by the EFCC” around 5 a.m. on Tuesday.
Nairametrics previously reported that Achimugu’s lawyer had informed the Federal High Court in Abuja on Monday that their client had already stated in her court documents that she would visit the EFCC today in connection with its ongoing investigation into an alleged case of criminal conspiracy and money laundering.
Source: Nairametrics
A Federal High Court in Abuja has authorised the Economic and Financial Crimes Commission (EFCC) to arrest and detain six promoters of Crypto Bridge Exchange (CBEX) over an alleged investment fraud amounting to over one billion dollars.
Justice Emeka Nwite, who issued the order on Thursday after the EFCC’s lawyer, Fadila Yusuf, moved an ex-parte motion, stated that the detention would be pending the conclusion of the investigation into the alleged offenses and possible prosecution.
“I have listened to the submission of the learned counsel for the applicant (EFCC). I have also reviewed the affidavit evidence, including the exhibits, along with the written address. I am of the view and I so hold that the application is meritorious. Consequently, the application is granted as prayed,” the judge held.
The six suspects listed as the 1st to 6th defendants are Adefowora Abiodun Olanipekun, Adefowora Oluwanisola, Emmanuel Uko, Seyi Oloyede, Avwerosuo Otorudo, and Chukwuebuka Ehirim.
In the ex-parte motion filed on April 23 by Yusuf, the EFCC sought an order from the court to issue warrants of arrest for the defendants and an order remanding the defendants in custody pending the conclusion of the investigation into the alleged offenses and possible prosecution.
The lawyer stated four grounds for the motion, noting that the EFCC has a statutory duty to prevent and detect financial crimes through investigation. She also mentioned that there was intelligence received by the office of the commission’s chairman regarding the defendants, concerning various criminal offenses.
She said: “The defendants are at large, and a warrant of arrest is required to apprehend them for proper investigation and prosecution of this case.”
In the affidavit supporting the motion, the EFCC stated that in April 2025, it received intelligence about an alleged investment scheme fraud involving the defendants.
It was alleged that the defendants and their company, ST Technologies International Limited, in collaboration with another company, Crypto Bridge Exchange (CBEX), orchestrated the fraud. The case was assigned to the EFCC’s Cybercrimes Section for investigation.
The agency revealed that preliminary investigations into the intelligence revealed:
“That Messrs. Adefowora Abiodun Olanipekun, Adefowora Oluwanisola, Emmanuel Uko, and Seyi Oloyede, through their company, ST Technologies International Limited, promoted another company, Crypto Bridge Exchange (CBEX), by advertising and luring unsuspecting members of the public to invest in cryptocurrencies on the CBEX investment platform.”
The EFCC also stated that the defendants promised unrealistic returns of up to 100% on investments.
“That the victims were made to convert their digital assets into USDT stablecoin for deposit into the suspects’ crypto wallet.
“That the victims were initially given full access to the platform to monitor their investments. However, following deposits worth over $1 billion by the victims, the CBEX investment platform became inaccessible, and they could no longer withdraw their investments.
“That the victims later discovered that the scheme was a scam.”
During the investigation, it was discovered that although ST Technologies International Limited was registered with the Corporate Affairs Commission (CAC), it was not registered with the Securities and Exchange Commission (SEC) for investment purposes.
The EFCC also uncovered that the defendants had moved out of their last known addresses in Lagos and Ogun states. The agency added that a warrant of arrest was necessary to place the defendants on a red watch list so they could be traced and apprehended to face the charges against them.
According to the commission, the investigation into the allegations revealed a prima facie case of investment fraud, and it would be in the interest of justice to grant the application.
