₦airaland Forum

AjanleKoko:
Well, have you read the Nairaland Rules and Regulations? https://www.nairaland.com/nigeria/topic-1026.0.html

I post on Logistics/SCM thread and I have a concern that the kind of experience I have which is disappearing posts may really have nothing to do with violtaing NL rules,its frustrating and discourages me most times when I want to respond to posts by members on the thread cause my post do not appear 3 out of every 4 times I posted.On my last occasion I posted a response 3 times as they do not appear after each attempt, only for all the three posts to show some few days later.

I do not not think this is an issues of NL rules but quality issues,can you address this issue of disappearing posts as this would enhance contributors NL experience.

Biliamin:
Congrats Abinibi!!! Meanwhile, when do we come for the party because I think this success calls for party.

I only passed 1 out of the three that I wrote. No going back sha oh! I must make it.

wills:
Congratulations!!! Abinibi the latest MCIPS in town,

Finally,I have now been awarded the MCIPS designation;the CIPS rules forbid us to claim the designation until the upgrade process has been completed and the only reason I have not responded to your posts.I am now an MCIPS and within the last few months so many things has happened,recently relocated but I am back in Naija and with a new role as a contracts engineer with an E & P.

Just to emphasize the international recognition of CIPS,when I relocated to North America I was recognized as a professional member and was instantly registered but to be assigned my designation in North America if I can show a proof of MCIPS designation which was then an on-going process but now that I am officially an MCIPS I would be pursue the profesional designation in North America.For some it takes them 10 years to achieve this designation but its normally a 3-years continous education at the university with thousand-dollars worth of workshops to be attended.

MCIPS has practically saved me all that time and investments,this designation I am pursuing is an asset for procurement jobs in North America,I encourage anyone who has started the CIPS program not to relent as the gains are much more than what you have to sacrifice.

Koncept:
Hi guys, i'm new in the logistics industry, and would welcome advices on how to establish my initial grip. thanks.

I hope you were able to see my comments cause I have posted twice but I couldn't see the post,I normally experience this sort of disappearance,just confirm if you get my response.

Wills,any help with this sort of problems with dissapearing posts.

Koncept:
Hi guys, i'm new in the logistics industry, and would welcome advices on how to establish my initial grip. thanks.

I have the honour to welcome you to logistics profession and also to Nairaland logistics thread,I sincerely apologize for the silence on your post.

I have been on career-transition for almost a month now,I welcome you once again.Nairaland logistics is a medium for every stakeholder to contribute to the growth of this noble profession and I am so sure you will never regret your decision to be on the logistics train.I have been hooked since I discovered the profession while in search of engineering experience as an engineering graduate in 2005.

There a lot of things to do in order to move with the logistics train,whenever I say logistics I actually mean the supply chain management as a simple umbrella name,Nairaland logistics is one place to rub minds with colleague professional on topics but there are also volunteer career-mentors and senior practitioners that can guide on professional development in logistics and SCM,at least if its not our standard practice here,it is our dream to develop this forum to that level.

Our hope is to raise the flag of this profession high in Nigeria and become the profession of first choice in Logistics & SCM,operations management and business administration in general.

To grow in this profession,there are various specialist areas that you may embrace for training but there are definitely training opportunities for people to gain a wider knowledge in SCM and later decide your favorite area of practice as a specialist.

Various training opportunities for career development include:

Purchasing and Supply Chain management
Inventory & Warehouse Management
Import & Export Operations Management
Logistics & Transport Management
Material Management
Maritime Trade & Transport Management
Operations Management
Project Management

While this list may not be exhaustive enough and some items on the list are advanced administrative skills for any profession,a foundation knowledge of SCM would be a must have for a successful career in Logistics,there are various institutes and training organization offering general logistics knowlegde.

They include:

CIPSM,Nigeria
CIPS,UK
CILT,UK
ISM,USA
APICS,USA
PMAC,Canada

Again this is not an exhaustive list,there are still some other organizations which must have been mentioned in other posts,kindly avail yourself the opportunity of looking for this post and do research on the web on this organizations and their training programs.If you have made up your mind,you can get back to this forum for help on training resources,contacts and other things where we may be of help.

Regards.

lovelynn:
i currently work with a major logistics firm with 1 year experience, a bsc holder and m.a in view. the pay is very low and discouraging. anyone with a better pay of 70k and above should pls contact me on 08030570531. thanx guys.

Hi Lovelyn,

You are welcome,I could not really understand this post or probably you may be asking if there is any job opportunity,while you may earn low on your job at this moment what I think may be of utmost importance is the invaluable experience you may have on the job.

Rather than solve a finance problem by looking for another high paying job,why not look for a venture that can raise some money,cause any new job at hand with the prospect of paying your ideal salary would come with its challenges,i hope you are as well ready for that.

Cheers.

Koncept:
Hi guys, i'm new in the logistics industry, and would welcome advices on how to establish my initial grip. thanks.

Koncept:
Hi guys, i'm new in the logistics industry, and would welcome advices on how to establish my initial grip. thanks.

I have the honour to welcome you to logistics profession and also to Nairaland logistics thread,I sincerely apologize for the silence on your post.

I have been on career-transition for almost a month now,I welcome you once again.Nairaland logistics is a medium for every stakeholder to contribute to the growth of this noble profession and I am so sure you will never regret your decision to be on the logistics train.I have been hooked since I discovered the profession while in search of engineering experience as an engineering graduate in 2005.

There a lot of things to do in order to move with the logistics train,whenever I say logistics I actually mean the supply chain management as a simple umbrella name,Nairaland logistics is one place to rub minds with colleague professional on topics but there are also volunteer career-mentors and senior practitioners that can guide on professional development in logistics and SCM,at least if its not our standard practice here,it is our dream to develop this forum to that level.

Our hope is to raise the flag of this profession high in Nigeria and become the profession of first choice in Logistics & SCM,operations management and business administration in general.

To grow in this profession,there are various specialist areas that you may embrace for training but there are definitely training opportunities for people to gain a wider knowledge in SCM and later decide your favorite area of practice as a specialist.

Various training opportunities for career development include:

Purchasing and Supply Chain management
Inventory & Warehouse Management
Import & Export Operations Management
Logistics & Transport Management
Material Management
Maritime Trade & Transport Management
Operations Management
Project Management

While this list may not be exhaustive enough and some items on the list are advanced administrative skills for any profession,a foundation knowledge of SCM would be a must have for a successful career in Logistics,there are various institutes and training organization offering general logistics knowlegde.

They include:

CIPSM,Nigeria
CIPS,UK
CILT,UK
ISM,USA
APICS,USA
PMAC,Canada

Again this is not an exhaustive list,there are still some other organizations which must have been mentioned in other posts,kindly avail yourself the opportunity of looking for this post and do research on the web on this organizations and their training programs.If you have made up your mind,you can get back to this forum for help on training resources,contacts and other things where we may be of help.

Regards.

Koncept:
Hi guys, i'm new in the logistics industry, and would welcome advices on how to establish my initial grip. thanks.

I have the honour to welcome you to logistics profession and also to Nairaland logistics thread,I sincerely apologize for the silence on your post.

I have been on  career-transition for almost a month now,I welcome you once again.Nairaland logistics is a medium for every stakeholder to contribute to the growth of this noble profession and I am so sure you will never regret your decision to be on the logistics train.I have been hooked since I discovered the profession while in search of engineering experience as an engineering graduate in 2005.

There a lot of things to do in order to move with the logistics train,whenever I say logistics I actually mean the supply chain management as a simple umbrella name,Nairaland logistics is one place to rub minds with colleague professional on topics but there are also volunteer career-mentors and senior practitioners that can guide on professional development in logistics and SCM,at least if its not our standard practice here,it is our dream to develop this forum to that level.

Our hope is to raise the flag of this profession high in Nigeria and become the profession of first choice in Logistics & SCM,operations management and business administration in general.

To grow in this profession,there are various specialist areas that you may embrace for training but there are definitely training opportunities for people to gain a wider knowledge in SCM and later decide your favorite area of practice as a specialist.

Various training opportunities for career development include:

Purchasing and Supply Chain management
Inventory & Warehouse Management
Import & Export Operations Management
Logistics & Transport Management
Material Management
Maritime Trade & Transport Management
Operations Management
Project Management

While this list may not be exhaustive enough and some items on the list are advanced administrative skills for any profession,a foundation knowledge of SCM would be a must have for a successful career in Logistics,there are various institutes and training organization offering general logistics knowlegde.

They include:

CIPSM,Nigeria
CIPS,UK
CILT,UK
ISM,USA
APICS,USA
PMAC,Canada

Again this is not an exhaustive list,there are still some other organizations which must have been mentioned in other posts,kindly avail yourself the opportunity of looking for this post and do research on the web on this organizations and their training programs.If you have made up your mind,you can get back to this forum for help on training resources,contacts and other things where we may be of help.

Regards.

The CIPS May 2010 exam results are ready,hope nairalanders who wrote the exam would share their sucess story on this thread.

For me, I made a credit in the only paper remaining to qualify for MCIPS . Mobolowowon!!!!!!!!

abinibi:
@ datriplea, call maxwell in Lagos  on 08030753081.Tell him you are from the guy in PH.

.

Call the contact above for help on CIPS study materials,cheers.

Procurement bureau saves N88.5b from contracts

By Bassey Udo

June 21, 2010 02:52PM
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The federal government has been saved the loss of over N88.5 billion (about $590million) from the award of contracts by various government ministries, departments and agencies (MDAs) in the last three years, as a result of the Bureau of Public Procurement (BPP) operations, the Director General of the bureau, Emeka Ezeh told visiting officials of the Directorate of Investigation and Asset Stripping of the Kenya Anti-corruption Commission in Abuja at the weekend,

The bureau was created though the instrumentation of the Public Procurement Act 2007, to formulate polices and guidelines for public sector procurement by applying fair, competitive, transparent, value-for-money standards to promote probity, accountability and transparency in the process.

Mr Ezeh said that the saved amount was the difference in cost between what was supposed to have been awarded by the various MDAs and what was actually certified by the bureau for award.

“The implication of this is that if the bureau was not in existence, the federal government would have lost that money. This was the total cost of contracts that ministries, departments and agencies (MDAs) of government came to the bureau in the last three years requesting approval for the issuance of certificate of no object before taking same before the Tenders Board for approval and final award by the Executive Council Federation (EXCOF),” he explained.

Disregarding guidelines

Identifying the award processes of contracts by the MDAs that are not subjected to the approval and issuance of certificate of no objection by the bureau as contracts more prune to abuses, Mr Ezeh said heads of these MDAS often disregard stipulated guidelines regarding advertisement, procedures for receiving and evaluating bids as well as making recommendations before going to the tenders board for final approval.

The director general, who noted that the level of compliance with public procurement procedures in the award of contracts has grown from 60 to 80 per cent during the period, however, pointed out that the bureau has been contending with huge pressures from “politically exposed people in public offices,” who he said are often exposed to corruption through the award of contracts and expenditure of public funds.

“The major challenges the bureau faces include: the high resistance to change by the various institutions, headed by powerful political, public service, religious as well as retired and serving military elites, who have some relationships with government through contracts, such that when a decision is taken, it touches unseen hands and legs of powerful people,” he said.

The creation of the bureau, Mr Ezeh explained, has brought about processes and procedures, as well as thresholds of regulations guiding public office holders on the limits of their approvals for government expenditures, adding that it has the responsibility to educate Nigerians and all the stakeholders on the provisions of the Act, since it believes the people need to know them, to help reduce the temptation of going against them.

Due process

The bureau, he disclosed, has developed standard bidding documents to guide prospective bidders on how to prepare their bids, engage contractors or consultants for services as well as carry out procurement audits to check abuse of the procurement process.

NEXT gathered that the bureau is about to commence the audit for 2009 procurements, to reappraise the contracts awarded during the year, to determine whether they followed due process and were given to the most qualified person at the right price.

Gauteng to act on supply chain corruption

The premier of Gauteng, the wealthiest province in South Africa, has announced a summit involving all sectors of society aimed at addressing corruption in the supply chain.

Delivering her budget speech, Nomvula Mokonyane said corruption threatened the country’s democracy.

“We will pay special attention to promoting ethical procurement and introducing greater transparency in our procurement processes so that more people in our communities are able to benefit from government contracts.”

The premier’s media spokesman, Dumisani Zulu, told SM that representatives from government, non-governmental organisations and the private sector would be invited to take part in the summit in September.

“Clearly there are serious challenges relating to supply chain management and procurement. We have called for this summit because we are experiencing problems in this field. Many people are exploiting the procurement situation and the premier feels strongly that the system is very porous,” Zulu said.

“Something needs to be done to tighten the system and help address public concerns on graft issues,” he added. “We will work with all the role players, including civil society and the private sector, to try to find solutions to end corruption, especially in the supply chain.”

The province will also launch a hotline at the end of July to address complaints that had been raised with South Africa’s president Jacob Zuma’s office, Zulu said.

The proposed summit comes amid complaints from trade unions that neither Zuma nor his Cabinet are investigating allegations of corruption despite intense media coverage.

Just to compare approaches to procurement and corruption issues with our contemporary as a benchmark for dealing with public procurement.

Seems the two countries are having similar problems but I would want to observe that a province in SA is taking a leadership role in solving the problem while in Nigeria the approach is more centralized  through BPP(Bureau of public procurement).

The question I would like to ask is the effectiveness of the centralized approach because it only reminds me of NEPA/PHCN inefficiencies where it only serves as a bottleneck in the power supply framework of the country.

Gauteng to act on supply chain corruption

The premier of Gauteng, the wealthiest province in South Africa, has announced a summit involving all sectors of society aimed at addressing corruption in the supply chain.

Delivering her budget speech, Nomvula Mokonyane said corruption threatened the country’s democracy.

“We will pay special attention to promoting ethical procurement and introducing greater transparency in our procurement processes so that more people in our communities are able to benefit from government contracts.”

The premier’s media spokesman, Dumisani Zulu, told SM that representatives from government, non-governmental organisations and the private sector would be invited to take part in the summit in September.

“Clearly there are serious challenges relating to supply chain management and procurement. We have called for this summit because we are experiencing problems in this field. Many people are exploiting the procurement situation and the premier feels strongly that the system is very porous,” Zulu said.

“Something needs to be done to tighten the system and help address public concerns on graft issues,” he added. “We will work with all the role players, including civil society and the private sector, to try to find solutions to end corruption, especially in the supply chain.”

The province will also launch a hotline at the end of July to address complaints that had been raised with South Africa’s president Jacob Zuma’s office, Zulu said.

The proposed summit comes amid complaints from trade unions that neither Zuma nor his Cabinet are investigating allegations of corruption despite intense media coverage.

Just to compare approaches to procurement and corruption issues with our contemporary as a benchmark for dealing with public procurement.

Seems the two countries are having similar problems but I would want to observe that a province in SA is taking a leadership role in solving the problem while in Nigeria the approach is more centralized  through BPP(Bureau of public procurement).

The question I would like to ask is the effectiveness of the centralized approach because it only reminds me of NEPA/PHCN inefficiencies where it only serves as a bottleneck in the power supply framework of the country.

Jonathan cites greed as bane of Nigeria’s underdevelopment

[/quote]President Goodluck Jonathan yesterday emphasised the need for ministers and other public officers to join hands with the Federal Government in tackling corruption in the award and execution of all government contracts.

Delivering an address at a presidential retreat for the first four-year implementation plan for vision 20:2020, at the Banquet Hall of the Presidential Villa, Abuja, President Jonathan observed that corruption had become a major obstacle to the country’s socio-economic development.

He said :”Greed of which corruption is a part, is the main stumbling block that stems our growth. If people are greedy ,they tend to inflate contracts. Not just the corruption that someone in government misappropriates funds but we use the word corruption to describe some other people that I believe are the greatest part of our underdevelopment”.

Explaining further, the president said :”For example, somebody in the private sector who is a contractor to government who is to provide services or execute a contract - what is supposed to cost government N10,000, you will collaborate with the government functionaries to increase it to N30,000 and if you are cautioned you will say you are a businessman, and that you are not corrupt”.

Stressing the need for accountability and transparency in contract awards and execution, he said: “If procurement will cost three times what it is supposed to cost then by implication, any amount of money we spend from our capital budget, you are retarding us by a number of years. What we are supposed to do in one year, we are doing it in three years, what infrastructure that might produce 30 kilometers of roads might not even be up to provide ten kilometers.

Jonathan

“ What we are supposed to be in three years time, you have by your action taken us back two years and yet you say you are not corrupt. That is why I will prefer to use the word greed because it is one of the stumbling blocks to the growth of our nation.

“We must look at our procurement if we must move fast because whenever I travel out of this country to another and I happen to see some infrastructural development , I always ask about the cost of execution and sometimes the cost I am told is three times less than what we are charged in this country,” he stressed. “That is one of the reasons why in the last Federal Executive Council (FEC) meeting, we set up a committee to look into our procurement because if we do not review our procurement, money that will give us three times the value of something, ends up giving us only one”.

Emphasising the new drive of the government in contract execution, President Jonathan said :”That is one of the reasons why we set up a committee to look into our procurement. The idea is not to victimise any contractor but the idea is to checkmate contractors that are unrepentant in inflating contracts. Administratively, contractors that are not good enough or who perpetually inflate contracts should not be retained. We are not going to take any contractor to court, but if we note a particular contractor known to be inflating contracts, we should be able to tell him it is not business as usual. Otherwise, you can forget doing business in Nigeria, that was why we set up that committee.

“But from the 2010 budget, I told the ministers that it is not enough for the federal government to approve contracts but even after the contracts have been awarded, we must monitor to ensure we have value for money. We must ensure that people whether civil servants or contractors, who are chronic collaborators to exploit us as a nation no longer have a filed day,” he stated.[quote]

Its the way to go Mr President and I hope it is not another lip service to the much desired public procurement policy reform,all we need is a reform on that lame procurement act,we need some ethics & fairness perspective to this bill and that would go a long way to make EFCC job a little bit easier,the bill seems too simplistic and not strategic in approach to a national public procurement policy.

@poster.

Its not only in the banking industry Nigerian youths are just suffering and toiling in the hands of these slave-traders calling themselves employers in Nigeria,I am presently experiencing an issue of this nature in the hands of one of the biggest slave-drivers in the oil industry.

The domain of poverty experienced by Nigerians lately is in the mental arena just as demonstrated by some replies rubbishing the fellow with this complain,the same category of poverty displayed at our leadership level,it is not only material poverty that kills in this country any longer but mental poverty, the manifestation is only what we have been struggling with but only God knows when we shall be liberated.

Cheers.

I have checked SPSM website and the SPSM acronym in full reads SENIOR PROFESSIONAL IN SUPPLY MANAGEMENT.

The curriculum shows emphasis on purchasing,contracts,negotiation and tools.Also, SPSM started in 2004 with footprints only in United States so far.

If you are an entrant in purchasing you wont start with SPSM,there are choices of global certification but the only global certification in purchasing presently administered in Nigeria is CIPS ,its the de-facto and a global certification program.

CIPS certification program is broad and goes beyond purchasing,from experience I have seen that once you are done with CIPS qualification,the next level is MBA as CIPS program is sufficient for the development of a well rounded professional.

Our industry landscape in Nigeria reflects the domination of the UK companies in Nigerian industrial space ,just name it manufacturing,maritime and O & G etc,if you want to invest on a certification that would pay back and get recognition in Nigeria and even beyond,please proceed with your CIPS.

@ Poster,

Its interesting to know that SCM is gaining grounds amongst young people in Nigeria but my experience with acclaimed proffesionals has shown that they have not placed much effort in propagating the knowledge of supply chain and logistics especially in our universities and within the industry ,your posts clearly shows that there has not been adequate publicity on SCM and Logistics profession.

To answer your questions properly,it would be proper to know ur background and your career plans as you need to put all this into perspective when making this decisions.I do not really think its all about the certification but seeing how SCM connects with your career goal and evaluating its long term benefit.

Cheers.

My NL people,

The quiteness on this thread has become a cause for concern,i hope we still have logistics/SCM professional in the house?,I want to believe that the low patronage here can be related to high-level preparations for May exams.

I need some help with locating bookshops that trade in business school textbooks,the one I need presently is the popular title by Johnson & Scholes,Exploring Corporate Strategy.I also have interest in links for download site for this category of books,kindly help with links for such sites.

Wish all of you sucess in d coming exams.

[b]•Incompetence Corruption of civil servants key factors
Corruption and incompetence of civil servants who routinely collaborate with contractors to undermine the execution of projects have been identified as the major impediments to optimum budget performance in the country.

This emerged as the performance of the 2009 budget was put at put at 60.59 percent. Even then the seeming average performance was only achieved when the supplementary budget which was signed in December last year was implemented.

The country has witnessed low implementation of its annual budget since 2004 and many projects that would have improved the life of the citizenry were not executed with the allocation for such projects pocketed by government officials. This persisted until the Umaru Yar’Adua administration came to power in 2007 and directed that unspent capital allocations should be returned to the treasury. Over N400 billion unspent funds in the 2008 budget was returned to the treasury while about N350 billion was returned from the 2007 budget.

The truth about the poor budget performance came courtesy of the panel set up by the Finance ministry comprising Iyiola Omisore, chairman, Senate committee on appropriation; Grace Ekpiwhire, minister of state for works and housing and Emeka Eze, director-Ggeneral, Bureau of Public Procurement otherwise known as Due Process Office. The panel spoke at the workshop on “Strengthening budget implementation for enhanced project execution and service delivery.”

Eze who spoke on behalf of the panel supported the stance with statistics pointing out that many government officials are incompetent and blindfolded by corruption. According to him, BPP certified 566 projects worth N1.94 trillion out of the 602 requests by the ministries, department and agencies (MDA) in 2009. Thirty six projects are still awaiting response while 10 were rejected. “It is unfortunate that less than 300 of the 566 contracts certified have been presented to the Federal Executive Council for ratification and award”, said the BPP boss.

He debunked MDA officials’ excuse that BPP was delaying certification of contracts, stating that fake documents were sometimes submitted by contractors who are incompetent to handle contracts. “Most of the challenges are caused by the contractors who go around and submit fake papers, bribe officials and get politicians to get them pre-qualified. It is a circulated fact that they pay N5 million to get pre-qualification”, he said.

Ekpiwhire, minister of state for ministry for works and housing, cited pre-qualification of cronies of government officials who lack capacity for contract execution as factors that also account for poor budget implementation.

“Government contracts are concentrated in the hands of few cronies of those with responsibility to pre-qualify contractors for contracts and it has been observed that these contractors lack the capacity to handle contracts of such magnitude. We have also seen that a contractor with limited equipment may be handling several contracts in different parts of the country. We have also discovered cases where genuine contractors who were pre-qualified were not informed of the certification of such contracts. In cases like this, the contracts are left unattended to despite the allocation of funds for the project”, the minister said. [/b]

Just would like to share this with you as colleague professionals,i think its the same old story and no action.

@biliamin

Thanks for the wishes ,but brother the reality is I failed one out of the last 3 required to qualify but I wont relent,afterall I have only one paper to qualify.

Wish all the guys still waiting to check good results and I hope we all prepare well for the May exams.

Cheers.

ndypio:
about this whole Cecilia Ibru saga, i think we are overrating the issues. banks as business entities would usually be more comfortable paying rent in advance. that the bank used the companies of relatives and paid relatives of the CEO is not abnormal. as for the guest houses, all banks have them and soon it will be exposed that CBN and EFCC have theirs too even the state and local governments have them. in those shoes, i would do same, i'm a greedy capitalist nigerian. if i didn't live in nigeria, i would think nigerians are saints but i know we are not. so let us kindly wait for efcc to prove the offences then we swoop in to devour the lady. but i know as a nigerian that no 2 people buy things at the same price from the same market all the time. if they negotiate 1 billion for one year rent it is still their busines not mine. i need my own money 2 so i'd rather be scheming my way up than join all this noise being made for everyday occurences in naija

Some comments on this issues shows a lot of ignorance in corporate gorvenance,please refer to my reflections on abuse of procurement process in the banks before Sanusi started his reform.

[b]Nairalanders,

I have some concerns about the banking industry and how they conduct business especially as it concerns the procurement function,this is due to investors reaction to some banks second quater results,they seems to have bogus profit declaration without these book profits translating to dividends or investment growth especially with the crash in stock price across the capital market and the banks being terribly affected,no thanks to the margin loans wahala.

Procurement is the function that most organisation are turning to for help,not because it provides all the solution to an organisations problem but because procurement has a huge potential for savings that could help alleviate problems faced with the realities of global financial crisis that has dunned on our bankers despite guru Soludo promise that our banks are safe.

I do not have any experience in banking operations but there are associated activities in the banking value chain that portends huge savings potential,they are marketing(advertisements on all the media),Logistics(Fuel,Transportation etc),Power(Operations & Maintenance,other incidental services etc),Information Technology & Telecomunication,Manpower services,Security,, many more areas I may not know because i do not operate in this enviroment but nairalanders can help to identify more areas with potentials for savings.

What I have noticed is our bankers seem to be too corky and see no gains in procurement ,they know everything already and do not want to know more perhaps they see procurement as a rivalry profession.I discussed with some internal control guys in one of the new generation banks,they lack so much about the procurement knowledge that they think is just another fad and no thanks to the CBN that seems to also know everything about banking and nothing about any other thing,their control over the operation of these banks is terrible,I wondered how they could not realise that procurement issues even go beyond coperate strategy issues but also coperate governance as procurement dwells on due process.

There are loopholes of procurement fraud and conflict of interest issues that pervades the banking industry ,there are examples of directors with brothers and sisters and family members registered as suppliers which are being used as backdoor channel for reaping investors of their hard earned money,masquerading as suppliers who are awarded contracts that are not competitively tendered.

My advice to the entire banking sector stakeholder is to start looking for solutions in procurement,unfortunately due to their naivety of what procurement entails,they think it is like just buying an item in the market without taking a lot of things into consideration as in the purchasing cycle.Many also makes the mistake of restricting procurement to operational level planning,what I would suggest to the banking sector is to start focusing on cost leadership strategy through procurement and stop all the propaganda on the media which seems a fallout of differentiation strategy as investors fund is lost through this aggressive marketing that has not provided the solution at this critical period.

I would be posting this on another thread for some bankers to be able to contribute to this piece.[/b]

Sorry for the typos on my contribution,I had to send without spellcheck, NEPA no allow me drink water .

Wanted to write about my experience but was still recuperating from the exam wounds when this was posted .Its the last three papers for me to qualifying as an MCIPS so I was so engrossed on prep to ensure I do not experience triple failures like I had in Management function paper,it was a nightmare paper of the level 5 set for me since I started MCIPS exams in 2007.

My 5 cents id that students needs to read the exam guide over an over and over,also the matrix at the back of assessors review of past question are very helpful,always use this tools in the last two weeks of prep before ur exams,the improvent you will observe and your level of confidence will be greatly enhanced,and the complementary tool for this exercise is the content objective list at the start of study guides for each paper, this is because rephrasing this objectives in question form almost states the likely questions for the exams.

Sorry for the delay in my contribution,I have been on the study guides all year long.Would share my update you of my success come February cause I cant wait to be at the graduation ceremony come June 2009.

Would like to share this with NL member:

[b]The Bureau of Public Procurement disclosed yesterday that it has initiated the prosecution of about 18 officials for breach of the procurement process in this year’s budget.

The Director-General of the Due Process Office, Engr. Emeka Ezeh, who made the disclosure at an engagement with professionals from the works and built industry, also revealed that more government officials as well as contractors are being investigated and would face prosecution if found wanting.

He told the gathering that, “About 18 persons are currently under prosecution for various acts that breached the procurement process and led to poor contract implementation, which cost government millions of dollars.

“The greatest frustration is that our colleagues (professionals in the built services industry) were involved in the laxity and poor implementation of contracts. This meeting is a call for revival of our professional and moral ethos to always do the right thing.”

Ezeh explained that the procurement process in the country was being frustrated by the lack of interest shown by professionals in various sectors, adding that there was need to adhere to the ethics of professional bodies, especially as regards government procurement.

He said, “The challenge we have is that professionals appear not to be enthusiastic as civil society and media in the procurement process even though they are the ones that are mostly involved in consultancy for public projects.

“Often, because of the technical nature of what we do, we need thoroughbred professionals to drive the process, and not those who see public procurement and expenditure as buying and selling.”[/b]

Kindly assist with these VIN Nos.

4T1BG22K5VU099053
4JGAB72E4ya206407

Thanks a lot.

Jenju,

Your response speed here is marvellous,i am just wondering if you hired somebody for this flood of request.Thanks for the response to my ealier request which was invalid,I have it corrected and I still need your help to check it up plus one more.

4T1BG22K5VU099053
4JGAB72E4ya206407

Thanks a lot.

Jenju,

Kindly assist to check the record of these 2 cars

4TIBG22K5VU09953
JHMCG6697YC009112

cheers.

Me I just wonder where those image launderers who were paid to window dress oceanic are hiding,ppl kindly find out where they are,propably in some other threads.

I really want to know if they are competent enough to handle this image crisis as this is a challenge to their competence in image laundering.Can you imagine,they have suddenly vanished.

May God save us from this yahoo executives, forging financial reports to cun Nigerians of their hard earned money.Now I know where the yahoo boys are learning their lessons from,I hope EFCC would rise to the occassion to stop this corporate thieves.

Some people just show terrible ignorance of how a business operates,its not d size and not the level of the ongoing activity.

We have cases of bigger companies , bigger and more competent than oceanic or whatever bank,I thought the man at the helm of affairs in CBN said it all,and then some people are still talking about wat their friends told dem.

Na una sabi, make una continue dey drink d sobo.

Just to butress the points in my post;

We cannot disclose any details now but we shall tell Nigerians the truth about every bank. Not until the audit is completed, disclosing the details now is not healthy for us and the industry. What is of importance to note is that the good bank is not
necessarily the big bank. The good bank is the one with the ability to manage resources efficiently and deliver services.”---- Sanusi Lamido.

Analysts had said that applications for winding up proceedings against some companies and billions of naira losses written off within the last four weeks have among others become major issues in the financial market to watch keenly as a test of CBN’s resolve to truly move into a regime of sound corporate governance, improved disclosures and a culture of best practice risk management by all banks.

Culled from Bussinessday.

To corroborate my post of yesterday.


We cannot disclose any details now but we shall tell Nigerians the truth about every bank. Not until the audit is completed, disclosing the details now is not healthy for us and the industry. What is of importance to note is that the good bank is not
necessarily the big bank. The good bank is the one with the ability to manage resources efficiently and deliver services.”---- Sanusi Lamido.

Analysts had said that applications for winding up proceedings against some companies and billions of naira losses written off within the last four weeks have among others become major issues in the financial market to watch keenly as a test of CBN’s resolve to truly move into a regime of sound corporate governance, improved disclosures and a culture of best practice risk management by all banks.

Culled from Bussinessday.

Talking about proffering solutions to these problem our banks are presently going through I wrote my concerns and about  procurement solution to the problem at hand,since we have bankers on this thread ,help contribute to this dicussion on procurement solutions to the problems .

https://www.nairaland.com/nigeria/topic-7497.0.html

[b]Nairalanders,

I have some concerns about the banking industry and how they conduct business especially as it concerns the procurement function,this is due to investors reaction to some banks second quater results,they seems to have bogus profit declaration without these book profits translating to dividends or investment growth especially with the crash in stock price across the capital market and the banks being terribly affected,no thanks to the margin loans wahala.

Procurement is the function that most organisation are turning to for help,not because it provides all the solution to an organisations problem but because procurement has a huge potential for savings that could help alleviate problems faced with the realities of global financial crisis that has dunned on our bankers despite guru Soludo promise that our banks are safe.

I do not have any experience in banking operations but there are associated activities in the banking value chain that portends huge savings potential,they are marketing(advertisements on all the media),Logistics(Fuel,Transportation etc),Power(Operations & Maintenance,other incidental services etc),Information Technology & Telecomunication,Manpower services,Security,, many more areas I may not know because i do not operate in this enviroment but nairalanders can help to identify more areas with potentials for savings.

What I have noticed is our bankers seem to be too corky and see no gains in procurement ,they know everything already and do not want to know more perhaps their see procurement as a rivalry profession.I discussed with some internal control guys in one of the new generation banks,they lack so much about the procurement knowledge that they think is just another fad and no thanks to the CBN who seems to also know everything about banking and nothing about any other thing,their control over the operation of these banks is terrible,I wondered how they could not realise that procurement issues even go beyond coperate strategy issues but coperate governance since procurement dwells on due process.

There are loopholes of procurement fraud and conflict of interest issues that pervades the banking industry ,there are examples of directors with brothers and sisters and family members registered as suppliers which are being used as backdoor channel for reaping investors of their hard earned money,masquerading as suppliers who are awarded contracts that are not competitively tendered.

My advice to the entire banking sector stakeholder is to start looking for solutions in procurement,unfortunately due to their naivety of what procurement entails,they think it is like just buying an item in the market without taking a lot of things into consideration as in the purchasing cycle.[/b]