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Jobs/Vacancies / Re: N-Power Batch C1 & C2 - 2023 by ABDamola(m): 7:03pm On Sep 15
https:///DePIN_Alliance_Bot?start=oJniya1duL

If you want to mine coin(air drop), you can try DEPIN out. Mine at your convenience. The reward plenty
Jobs/Vacancies / Re: N-Power Batch C1 & C2 - 2023 by ABDamola(m): 8:49pm On Sep 14
Maj196:
The earlier you know that Ezewaez is just using this page for hustle the better.
I agree with you bro...
Every of his information na thrash and cooke-up story...

Na every week dem dey meet Npower coordinator or Npower chairman. lol...

The guy dey stylishly draw traffic to his Facebook page
Jobs/Vacancies / Re: Ihs Technical Skills Acquisition Programme (tsap) 2024 by ABDamola(m): 10:40am On Sep 02
Daakiba:
Just normal questions like how you solved a situation and what you applied, just basic stuff to test how you perform when given tasks. What day is your interview?

Wednesday.

Like how many questions?

And is it more than the 15 mins they stated in the mail?
Jobs/Vacancies / Re: Ihs Technical Skills Acquisition Programme (tsap) 2024 by ABDamola(m): 10:24pm On Aug 31
KayyJ:


Good day.
I have an interview invite for TIP too.
Please how was your virtual interview?
Any pointers / what to expect?
Bro, good evening.

How did the interview go?

Any idea about what was asked?

1 Like

Politics / Re: Minimum Wage: Australia Sets $915/week As Nigeria Struggles With $42/month by ABDamola(m): 11:57am On Jul 10
$42 per month.

It would take a Nigerian earning minimum wage 21 months (nearly 2 years) to earn what a minimum wage worker in Australia makes in a year.
Politics / Minimum Wage: Australia Sets $915/week As Nigeria Struggles With $42/month by ABDamola(m): 9:39am On Jul 10
Australia’s Fair Work Commission has increased its minimum wage to $915.90 per week which already took effect since July 1, 2024.

This follows an announcement made on a 3.75% rise in the National Minimum Wage, summing up a rise to $24.10 per hour.

This adjustment aims to bolster compensation amid economic shifts and inflation, benefiting both local workers and international work visa applicants.

The annual wage review ensures equitable remuneration for Australia’s lowest-paid workers, setting a new weekly minimum of $915.90. Starting from the first full pay period on or after July 1, 2024, these updated rates apply universally, establishing a baseline pay rate under the Fair Work Act 2009.

For employers, meeting or exceeding these wage standards enhances their ability to attract and sponsor skilled overseas workers. This adjustment is particularly pivotal for occupations covered by Modern Awards, which dictate industry-specific minimum pay rates and conditions.

Ensuring compliance with these updated wage requirements is crucial for employers navigating Australia’s visa sponsorship landscape. Stricter checks during visa processing will ensure adherence to Australian labour laws, underpinning fair employment practices.

What does this mean for workers in Australia?

Primarily benefiting workers in sectors like retail, hospitality, cleaning, and social care, this increase shows the Fair Work Commission’s commitment to addressing cost-of-living challenges while mitigating inflationary pressures.

Annually reviewing minimum wage rates considers various economic factors, including inflation and living costs. This year’s adjustment aims to support low-income earners amid Australia’s economic landscape, reflecting ongoing efforts to maintain financial equilibrium.

In July 2023, a 5.75% increase preceded concerns about inflation, which has since moderated to a two-year low of 3.4%. As inflation trends downward, the Reserve Bank of Australia anticipates further stabilization in the near term.

Australia’s upward adjustment in minimum wage benefits both domestic workers and international job seekers. By elevating wage standards, Australia reinforces its appeal as a preferred destination for skilled professionals, fostering a robust labour market and economic stability.

What you should know

On the local scene, the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have been persistent in their calls for an increase in the minimum wage, which has stood at N30,000 for over a year.

Citing the country’s economic realities, the unions proposed a substantial raise to N494,000, arguing that such a figure is necessary for workers to sustain themselves amidst current economic conditions.

However, the federal government countered, deeming the proposed increase unsustainable and projecting a potential cost of N9.5 trillion. Mohammed Idris, Minister of Information and National Orientation, reiterated the government’s stance, asserting that paying N494,000 as a minimum wage would exceed fiscal feasibility.

In response to the impasse, the trade unions launched a nationwide strike on Monday, June 3, 2024, demanding not only a higher minimum wage but also a rollback of recently increased electricity tariffs. The strike garnered widespread participation, paralyzing government offices, airports, seaports, and other public facilities across the country.

After intense negotiations later that evening, the federal government and the labour unions reached a temporary resolution. The government agreed to an interim minimum wage set above N60,000, prompting the unions to suspend the strike for five days. This suspension allowed for further deliberations and negotiations aimed at finalizing a mutually acceptable minimum wage agreement.

As discussions continue, stakeholders await a definitive resolution that addresses both the economic realities facing Nigeria and the aspirations of its workforce.

https://nairametrics.com/2024/07/09/australia-increases-minimum-wage-to-915-per-week-for-lowest-paid-workers/
Jobs/Vacancies / Re: Dangote Refinery Test Invitation by ABDamola(m): 4:31pm On Jul 09
Keyuze:
I applied as Entry Level...what about you?

Experienced hire.
Jobs/Vacancies / Re: Dangote Refinery Test Invitation by ABDamola(m): 9:23am On Jul 09
Keyuze:
My own interview was in may and they called me for medical test last month June 7 but since then nothing again

Did you apply as an experienced hire or entry level?
Jobs/Vacancies / Re: Dangote Refinery Test Invitation by ABDamola(m): 7:13pm On Jul 08
Keyuze:
I applied this year and did my medical test this year in June but till now I have not seen any thing

Bro, please after interview. What's the next stage or stages?

I did interview last month and they haven't gotten back to me.
Politics / Nigeria’s Debt Service-to-revenue Ratio Hits 4-year Low by ABDamola(m): 10:10am On Feb 01
Nigeria’s debt service-to-revenue ratio dropped to the lowest in four years for the first nine months of 2023 largely on the back of the federal government reforms, a BusinessDay analysis shows. BusinessDay analysis of the data from the Budget Office of the Federation shows that debt servicing bill in Africa’s biggest economy gulped 66.9 percent (N5.79 trillion) of total revenue of N8.65 trillion in the first nine months, lower than 99.3 percent (N4.23 trillion) in the same period of 2022.

Experts say the fuel subsidy removal and the unification of all segments of the foreign exchange market, which have increased revenue inflows for the government, have also improved the fiscal space and the allocation of more funds for capital projects to boost economic growth.

“Last year was a reverse from the previous trends because revenue growth was driven by the removal of oil subsidy and the unification of the foreign exchange markhttps://businessday.ng/news/article/nigerias-debt-to-hit-n95trn-up-eightfold-in-10yrs/ets,” Adeola Adenikinju, a professor of economics and president of the Nigerian Economic Society, said. He added that the government will now have more revenue to undertake more activities either in terms of infrastructure or commitments to contractors and workers.

Damilare Asimiyu, macroeconomic strategist and head of investment research at Afrinvest West Africa Limited, said the interest that was meant to be paid on Ways and Means debt was suspended because of the securitisation of loans from the Central Bank of Nigeria (CBN).
“So, there should be more funds for the government to increase the capital budget because that has always been the sacrificial lamb. They will now have good headroom to increase allocation to capital projects,” he said.

Since President Bola Tinubu announced petrol subsidy removal during his inauguration on May 29, pump prices have tripled to N617, while the value of the naira has plunged following the floating of the currency.

In June, the CBN merged all segments of the FX market into the Investors and Exporters window and reintroduced the willing buyer, willing seller model. The naira has continued to depreciate against the dollar and other major foreign currencies since then. The official exchange rate fell from N463.38/$ to N1,348.6/$ as of Monday. At the parallel market, the naira is now pushing above N1,500/$ from 762/$.

“The reforms have had a major impact on revenue even though they are creating hardship for people. But it has improved the fiscal space and it is likely to improve more by the time we begin to see the impact of the reforms around tax and independent revenue,” Muda Yusuf, chief operating officer of the Centre for the Promotion of Private Enterprise, said.

According to him, the macro indicators are looking good, especially in the fiscal space. “The fiscal deficit will be lower because you have more revenue to support the economy, only if the money is spent well.” The Economist, a British weekly newspaper, highlighted last week that many politicians seemed keener to spend on themselves, rather than create the conditions for peace or fill the country’s fiscal hole.
“Even if Tinubu resists the temptation to reinstate the petrol subsidy that he largely removed last year, debt servicing alone in 2024 may gobble up 61 percent of revenue,” it said.

During the public presentation of the country’s 2024 budget proposals in November, Abubakar Bagudu, minister of budget and economic planning, said the federal government achieved N8.65 trillion in revenue in the first nine months of 2023 from its pro-rata target of N8.28 trillion. He said N1.42 trillion was generated from oil revenues, while non-oil revenues totalled N2.50 trillion.
Africa’s most populous nation has seen its public debt grow steadily to levels that have left many worried as government revenues remain low. Its debt-to-GDP ratio was increased from 25 percent to 40 percent in 2021. Over the past nine years, the actual cost of servicing debt has been more than the budgeted amount. In the first nine months of 2023, it rose to N5.79 trillion from N908.9 billion in the same period of 2015.

The Debt Management Office said in September that the total public debt rose to N87.38 trillion in the second quarter of last year from N49.85 trillion in Q1. It increased to N87.91 trillion at the end of Q3.
The position of the current administration on debt is quite different from the previous administration, said Israel Odubola, a Lagos-based research economist

“They did more of multilateral loans to finance their debt. But I think this current administration is taking another approach to debt management as they are looking for more innovative ways of generating revenues,” he added.

The reforms also increased the disbursement by the Federation Account Allocation Committee (FAAC) to the three tiers of government.
Data from the National Bureau of Statistics (NBS) shows that it rose by 65.3 percent to N1.62 trillion in December from N976.3 billion in May.
The percentage increase is higher than the 42.2 percent recorded within the same period of 2022.

The Nigerian Economic Summit Group (NESG) said in its macroeconomic outlook report for 2024 that Nigeria witnessed an upturn in revenue, attributed to sustained high crude oil prices amid the Russia-Ukraine conflict, notwithstanding challenges in domestic oil production.
“The expeditious removal of fuel subsidies by the new administration and the harmonisation of FX market rates further propelled growth in oil revenue,” it said.

The NESG recommended that the country must significantly decrease its current public debt service-to-revenue ratio, aiming for a reduction to less than 22 percent from the current high of 80.2 percent as of 2022.
“This reduction is crucial to create fiscal space, enabling the government to reallocate funds toward economic development and stability initiatives,” it said. Over the past eight years, Nigeria has slumped into two recessions owing largely to the collapse of oil prices and disruptions caused by the COVID-19 pandemic.

Before the National Bureau of Statistics (NBS) adopted a new methodology for labour statistics, unemployment had quadrupled to 33.3 percent as of Q4 2020 from 8.2 percent in Q2 2015. It was put at 4.2 percent for the second quarter of 2023. The country’s inflation rate, a measure of the general price level which has been in double digits since 2016, rose to 28.92 percent in December from 28.20 percent in the previous month. In the third quarter of last year, foreign investments into Nigeria dropped to $654.7 million, the lowest level since the NBS started collating the data in 2013.

Lawmakers approved in December the request for the securitisation of the N7.3 trillion owed by the federal government to the CBN. This will push the country’s public debt stock to at least N95.2 trillion.
A recent report by PwC Nigeria said Nigeria’s rising debt service cost may affect the country’s debt servicing ability, credit rating outlook and borrowing cost. The professional services firm projected that debt service could rise from N8.25 trillion in 2024 to N9.3 trillion in 2025 and to N11.1 trillion in 2026.

“With a high debt servicing to revenue ratio, the government aims to increase domestic debt in 2024 to meet its deficit funding requirements,” it said. It said the shift towards more domestic borrowing could impact the private sector, as government credit constituted 37 percent of net domestic credit, which saw a 28 percent increase from January to September 2023.
“Additionally, Nigeria grapples with a low domestic credit-to-GDP ratio of 12 percent in the first quarter of 2023, lagging behind countries like South Africa, Egypt, and Morocco.”

https://businessday.ng/business-economy/article/nigerias-debt-service-to-revenue-ratio-hits-4-year-low/
Car Talk / Re: Please What Happened To My Toyota Camry Car? by ABDamola(m): 8:50pm On Jan 24
Baztardidiot:
Guilty conscience won't allow u post the real dashboard of your car.

What do you mean by guilty conscience won't allow me. To post the real dashboard?
Car Talk / Please What Happened To My Toyota Camry Car? by ABDamola(m): 6:59pm On Jan 24
My car makes more noise once it reaches point 1 on the Tachometer but the noise goes away and normalize immediately after leaving that point 1 after ignition ?

Please what is the cause? I want to an idea before going to mechanic workshop.

Crime / Re: LASTMA Arrests 3 Notorious 'One Chance' Robbers, Recover Operation Vehicle by ABDamola(m): 8:21pm On Jan 04
E no go better for them...
I was also robbed of my valuables last month
Jobs/Vacancies / Re: N-Power Batch C1 & C2 - 2023 by ABDamola(m): 5:21am On Oct 19, 2023
Vintage100:
Lol. You are funny, since November has 30 days regardless of the time they pay, it doesn't matter, but I think by second week of next month, we will start getting alerts.





Npower people will detty December...

3 Likes

Jobs/Vacancies / Re: N-Power Batch C1 & C2 - 2023 by ABDamola(m): 8:02pm On Sep 10, 2023
b3llo:
ezenwaez will say otherwise
Don't mind that Ezenwa.
He knows nothing about the program. He is as blank to what will happen next as all of us here.
He copied from internet and monitor the Npower facebook page.
He just come here to spam and flood this forum.

2 Likes 2 Shares

Romance / Re: Nigerian Men Are Generous And Last Long In Bed - Kenyan Socialite Shakila (vid) by ABDamola(m): 9:02pm On Sep 07, 2023
She no dey lie ooooo....
Been to Nairobi and Mombasa and I can confirm this....
Their girls dey CUM before us...
Dem no get Nigerian girls strength....

2 Likes

Career / Re: Your Thoughts On Nigerian Banks Salaries 2021 by ABDamola(m): 11:16pm On Aug 31, 2023
Sonoyom:


SET 380k+ the new adjusted cost of living
ABO 450+ the new adjusted cost of living

Thank you
Career / Re: Your Thoughts On Nigerian Banks Salaries 2021 by ABDamola(m): 8:05pm On Aug 31, 2023
silverkings:


Good morning Bro. I'm yet to reach you since then. I've sent mail to your sch mail but all to no avail. Please I'd like to get in touch with you. I'm currently an ET in UBA waiting for my confirmation. I'd like to jump ship by December next year

Please how much is the current net for SET and ABO in UBA?
Technology Market / Re: No more available by ABDamola(m): 10:52am On Aug 31, 2023
uboma:
No more available

Kindly look into the activities of enzenwa in the Npower group.
The guy is constituting a nuisance and has defeated the purpose of the trend and the forum at large
He constantly spams the trend also

Kindly do the needful
Travel / Re: Living In The Uk-life Of An Immigrant (part 3) by ABDamola(m): 10:51am On Aug 31, 2023
davide470:
You are welcome. I have gotten plenty positive feedbacks, so please share to anyone and everyone.

Kindly look into the activities of enzenwa in the Npower group.
The guy is constituting a nuisance and has defeated the purpose of the trend and the forum at large
He constantly spams the trend also

Kindly do the needful
Nairaland / General / Re: Please Report Porn Images, Spam And Scam Posts by ABDamola(m): 10:51am On Aug 31, 2023
mukina2:


Anyone who breaks Rule 2 Don't abuse, bully, deliberately insult/provoke, fight, or wish harm to Nairaland members OR THEIR TRIBES. is banned.

Which is why every post has a report to mod tab. If you come across such posts please report them as well.


@mukina2

Kindly look into the activities of enzenwa in the Npower group.
The guy is constituting a nuisance and has defeated the purpose of the trend and the forum at large
He constantly spams the trend also

Kindly do the needful
Sports / Re: Rules Of Football When We Were Kids by ABDamola(m): 11:19am On Aug 30, 2023
Kalatium:
Gone are the days when boys were real boys as I look back in nostalgia.

Below were rules of football when we were kids, damn it was fun

1. The fat kid was always the goalkeeper.

2.The owner of the ball decides who plays .

3. If you didn't participate in repairing the ball you were given a match ban.

4. The guy who's never picked was to fetch the ball from the trees or bush when it got stuck, under the car or tunnel to play in the next game.

5. When the owner of the ball got annoyed, game over.

6. When you hit your toes against a stone and you notice blood, you quickly cover the area of injury with sand as a form of first aid and play continues.

7. You can't dribble the owner too much, this may lead him to stop the game by taking away his ball.

8. No matter how many goals you scored, the winner would be determined by the last team to score.

9.No offsides.

10.There is no referee.

11.There is fault only if the fault is serious .

12.The 2 best players can not play in the same team so everyone chooses their players.

13.If you are chosen last it is a humiliation and you will remain in defense.

14.If there is a penalty the goalkeeper is replaced by the best player of the team.

15.The best player on the field is always in the same team as the owner of the ball.

16.There is always a house where if the ball fell there, we knew that the game was over. so be careful !! cheesy grin

17. To distinguish the teams, one of the teams take off their shirts .

18.Game over when its dark and we can barley see the ball, we all disperse in groups teasing one another until we get home to face another punishment from our parents. grin

Africa is our home. Childhood was fun.

16 and 18 broke my ribs
Politics / Re: Caption This Picture Of Tinubu by ABDamola(m): 8:57pm On Jun 22, 2023
I love you #Jagaban...
Take us to the promised land

35 Likes 7 Shares

Jobs/Vacancies / Re: N-Power Batch C1 & C2 - 2023 by ABDamola(m): 9:18pm On Jun 05, 2023
Ibks100:


Before nko? You think he has direct line to N-Power?

Lolzzz...
The guy na scammer and real scum...
He is as hopeful as other people waiting for the alert.
He talks asif he is the permanent secretary in charge of Npower payment where na assumption/probability/what if and copy and paste from Facebook e dey do...

I dey always laugh when I see people asking him questions. Lolzz

3 Likes

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