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Asuokaa's Posts

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BusinessRe: 100k Mutilated Notes Paid To Customer Rejected By Gtbank (pic) by Asuokaa: 4:29pm On Sep 14, 2016
na wa ooo
CrimeRe: VIDEO: 2 Confirmed Dead In Ogun Fatal Accident Along Sagamu-abeokuta Expressway by Asuokaa: 10:10am On Sep 14, 2016
JESUS IS KING
CrimeRe: NDLEA Apprehends Man Carrying Methamphetamine Worth N31m At Lagos Airport by Asuokaa: 8:33am On Sep 14, 2016
Setup
CrimeRe: Hoodlums-kill-mother-triplets-remove-intestine/ by Asuokaa: 8:31am On Sep 14, 2016
Every one just looking for short cut for this money
PoliticsRe: Where Is Ahmad Salkida? by Asuokaa: 8:30am On Sep 14, 2016
XueRengui:
don't mistake kabirru Sokoto for Ahmad
Is he not that BH reporter..
PoliticsRe: Where Is Ahmad Salkida? by Asuokaa: 8:22am On Sep 14, 2016
I thought nigeria prison said he is still in jail
PhonesRe: How To Transfer Contacts From Samsung To Iphone 7 by Asuokaa: 8:20am On Sep 14, 2016
Me think na waste of money to be buying 400k phone in dis buhari regime sha
Music/RadioRe: Tupac Amaru Shakur, 20 Years Ago, Career Just Beginning by Asuokaa: 8:17am On Sep 14, 2016
Rap man
Foreign AffairsRe: How Is Hillary Clinton Still Alive With HIV, Parkinson And Lupus? by Asuokaa: 8:16am On Sep 14, 2016
She has Aids
PoliticsRe: UN Says Nigeria Should Get Ready For Higher Prices by Asuokaa: 8:15am On Sep 14, 2016
We are ready
PoliticsRe: Nigeria Custom Generates N95.7Billion In August by Asuokaa: 8:14am On Sep 14, 2016
Wow
RomanceRe: When The Cotton Bud Hits Your Soul(hilarious Photos) by Asuokaa: 8:12am On Sep 14, 2016
Ok
PoliticsRe: Senate To Investigate Recession As Saraki Calls For Collaboration On Economy by Asuokaa: 8:11am On Sep 14, 2016
Oga ooo
PoliticsRe: Senate Will Hold Adeosun, Udoma, Others Accountable – Saraki by Asuokaa: 8:10am On Sep 14, 2016
Sometimes I wonder why we have 2 house of legislature in nigeria
HealthRe: Resident Doctors May Begin Strike Nationwide September 30 by Asuokaa: 8:08am On Sep 14, 2016
Season of change
PoliticsRe: People Kneel Down For Senator Rafiu (Photos) by Asuokaa:
Just bcause of food

Alatenuje



www.evilla.com.ng
CelebritiesRe: Davido Buys N48 Million Naira Wrist Watch (photos, Video) by Asuokaa: 8:04am On Sep 14, 2016
OBO BAddest
PoliticsRe: Tunde Idiagbon's 74th Posthumous Birthday Is Today by Asuokaa:
Cool

I loved him just for one thing, Discipline..



www.evilla.com.ng
CrimeRe: Househelp Burns 8-Year-Old Boy In Lagos (Photos) by Asuokaa: 8:01am On Sep 14, 2016
Wickedness .. Me for one will never have maids in my house... Many of those girls are demonly possessed
Nairaland GeneralRe: OMG! This JSS 2 Student Commits Suicide In Benue ''her Reason Will Shock You'' by Asuokaa: 8:01am On Sep 14, 2016
Eeyah, such is life... May God help us all
EducationRe: Please Where Can I Download Textbooks In PDF Format? by Asuokaa: 8:00am On Sep 14, 2016
I don't think those textbooks are available online in Nigeria but u can just a search like mathematics for nigeria pdf
And ull get a result


www.evilla.com.ng
EducationRe: 5 Most Underrated Courses In Nigerian Tertiary Institutions by Asuokaa: 7:57am On Sep 14, 2016
Do those courses have a future in nigeria
Just asking
www.evilla.com.ng
EducationRe: 13 Useful Websites That Every University Student Should Not Miss by Asuokaa: 7:57am On Sep 14, 2016
Cool
HealthRe: Graphic Photos: Cesarean Section Step By Step In Photos. by Asuokaa: 7:22am On Sep 13, 2016
Ok
Foreign AffairsRe: Head Of Russia's Anti-corruption Agency Is Found With $122M In CASH In His House by Asuokaa: 10:44am On Sep 12, 2016
Wow..
There is no country people don't steal..
Foreign AffairsRe: Head Of Russia's Anti-corruption Agency Is Found With $122M In CASH In His House by Asuokaa: 10:44am On Sep 12, 2016
Wow..
There is no country people don't steal..
PoliticsRe: Aftermath Of 3Hour Heavy Downpour In Ondo Town by Asuokaa: 5:30pm On Sep 10, 2016
Jesus is King
Satellite TV TechnologyRe: Why Hitv Collapsed by Asuokaa(op): 5:40pm On Sep 09, 2016
GMBuhari:
Shoooo
Only you compare HiTv with power, delegation , mismanagement , fraud

You still dey invite us go church

Talk true , na church you really wan advertise
I would have replied u but I saw ur username and I choose to keep shut...
Jesus Is King
Satellite TV TechnologyWhy Hitv Collapsed by Asuokaa(op): 5:31pm On Sep 09, 2016
High Television (also known as HiTV) was a Entertainment Highway’s multi-channel digital satellite television service launched in Nigeria in 2007.


Toyin Subair
Founded by Toyin Subair, HiTV gave South African based company DSTV, owned by Multichoice, its biggest competition till date.

It was the first television platform in Africa to deploy Hypercable, a terrestrial pay-per-view TV decoder system.



The company was however shut down in November 2011 due to financial complications.

Although there were rumours of mismanagement of funds, no concrete official statement has been issued by the management of HiTV.

However in an article titled HiTV 101 published on Linkedin by its founder Toyin Subair, the real issues which crumbled the once-celebrated digital satellite television service have been revealed.

Read the article below:

My great mentor asked me one day, a few years ago, why after the appointment of a Receiver/Manager by GTB over the assets of HiTV I gave up fighting and just rolled into a semi coma.

He said this because, he knew how hard we fought to save it. I responded with the story of King David crying to GOD over his sick child but then quickly wiped his face off, ate and started drinking, when the child was pronounced dead. You really just must know when to move on so that you can see and take the future opportunities that will come your way. Thereafter, Solomon, the wisest and richest ruler of Israel was born to David because he looked and lived forward.

People who care, ask me what happened to HiTV and others in their supreme wisdom profess their own reasons. I have kept my peace and quietly moved on in life, until I wrote an article recently about 1 million Digital Jobs from the Creative sector. I realise, however, that if I am throwing a challenge to other entrepreneurs to be bold and creative, I, who used to be a poster boy for a generation and who failed after 5 years of a great business endeavour, owed it to them to share my HiTV experience.

hitvChoose your shareholders carefully and know the implication of every clause in your Shareholders agreement, if you are going to sign one.
HiTV collapsed essentially because of a clause in our original Shareholders Agreement, which allowed a group of founding shareholders to block the company raising money or selling off a subsidiary. This right was exercised to block our capital raise because it was believed to be a possible ploy by another group to take control of the company. We the management were caught in the middle and it took us another 8 months to pursue the alternative that was acceptable to the shareholders but by that time the equity market had gone bust, leaving us grovelling all over for debt.

Every power you give up has future ramifications so don’t sign away your life for what may be a quick fix or a “morsel of bread” as it might come back to bite you. The same right you give to Mr A and is used wisely, will in the hands of Mr B be used to destroy your dreams.

I failed to know and manage my investors properly, which made it hard for me to mediate when they didn’t see eye-to-eye.

Perception is EVERYTHING in Nigeria.
Your neighbour, banker, staff, bloggers, enemies are watching you and it is not what you are that matters but what others see and are saying about you.

Once you are funded by other people’s money, either investors or bankers, it matters what they think. So your lifestyle must be measured. Even if you have access to other sources of income, you must be prudent in spending and seen to be prudent else it will be assumed that you are “extravagant” and/or diverting other people’s money for your own personal use.

Soley because it is common place in Nigeria for executives to mismanage corporate funds , people are quick to judge and assume every situation is the same . I never touched company money or take a single bribe or kick back. HiTV had full corporate governance rules in place and a budget that was jealously guarded by a Board that sat 6 times in a year. Even when I went out or travelled with a supplier, I always insisted on paying, but only my shareholders and management team knew that. This forthrightness of mine made me throw caution to the wind since I knew I was clean BUT unfortunately I didn’t realise the negative impact it could have on my reputation. The first thing your adversaries or haters target in order to bring you down, is your reputation. Protect it.

Whatever you do, train people and invest in them
One thing we did right was to invest in the lives of our people. I inspired all my staff, which grew to about 380 plus, in 6 locations in Nigeria and a London office, including over a thousand dealers, by making sure I led by example, sent them on trainings, exposed them to the international market and bought them books to read about Media, and very importantly made them know we were all in the same boat. If I was comfortable they also had to be, and if they were going through pains, we had to do it together.

I have always marvelled at the Receiver/Manager and people who thought HiTV could be locked up with chains? HiTV is today a force in different companies making or waiting to make a difference.

However, make sure the people you train and inspire do the same to their sub-ordinates. Usually Nigerians are scared to pass knowledge for fear of being replaced and so you have to teach them to let others fly. Reading the 1 Minute Manager meets Mr Monkey taught me not to micro-manage and get people to earn their pay so that I can be free to do the bigger things. The balance to delegation is to make sure there is a system to ensure that those who are working are justly rewarded.

In the absence of a technical foreign partner, we learnt our trade on the job and intensive trainings and we were just implementing our robust researched systems and processes when the company was closed down. How I would have loved to see its results.

Equity Vs Debt
We gambled on building a company with debt with the hope of converting it to equity once we proved the model. As I said earlier, we were impeded from doing this at the right time. At 25-27% interest on debt, most businesses cannot survive and you will be a slave to the banks for life. That is why they take collateral from you. They lend against your collateral not your business case. Regardless of our strong cashflows, the funding requirements continued to increase. Similar businesses in Europe like Sky, Virgin, Polsat etc had worse debt profiles whilst building up their Brands and subscription models but their markets have sophisticated equity and debt.

Unfortunately, we have no sophisticated equity market and I mean Angel investors and/or Venture Capitalist in Nigeria and without that, who can survive? It pains me to admit that someone told the then Minister of Information that Nigerians can’t fund our type of business and I was really hoping to prove him wrong but Alas!

We paid 40 million dollars for the first year of the second term of the EPL from mostly equity. But still had to come up with a guarantee of about 70 million dollars for the latter 2 years and in Nigeria, guarantee requires cash in bank. The alternative bank we were forced to use despite all their assurances and being offered half of the amount by another Bank failed to issue same on that fateful Tuesday and only offered it to us on Thursday. Meanwhile the EPL sold it to our competition on Wednesday morning.

Watch your debt profile. HiTV was paying an average of 1.1billion Naira approximately in interests and guarantee charges annually, for over 5 years! For a new company, we did a damn good job but really got blown out once our house was divided. I never live by debt and so was really ignorant about how interest works up till HiTV and of course since then you wont catch me near it. But what do you do when you have to? They say internationally that “equity is more expensive than debt”, but that is NOT true in Nigeria. Debt is way too expensive and destructive.

At the end of it all I was sued in my personal capacity for the debts of the company by the bank, but we have since sorted out our differences, agreed, signed and filed terms of settlement in all legal actions. The Managing Director simply told me, when we finally met, that since we all owned the company I had to pay out of the liability and not just dump it on them. It made total sense to me and I offered them what I had, they accepted and that was it. Fair is fair. You can’t avoid a lot of skin in the game because investors will be looking for this.

You need Government and regulation on your side
I ignored government to my peril. The competition spent a lot of time courting all arms of government and I was a simpleton. We just expected the whole world to cheer us on. The laws in Nigeria are as empty as they are full. A lot of writings but you have to make sure your business model is adequately protected.

What laws do you need, or what interpretations of the laws do you require, go and get it passed or adjudicated. Don’t assume its there and don’t be afraid of offending anyone. A few weeks before we lost the EPL rights we were approached by the competition to share it with them, in writing. We agreed and were completing the approvals on both sides when we lost the rights. Since they bought it, we asked them for it on the same terms as we had agreed to give it to them just 2 weeks prior, they refused. We ran to government to enforce the fairness clauses of the NBC Act but it fell on deaf ears.

We really should have actively pursued the enactment of anti- monopoly laws and competition rules early enough as exist everywhere else in the world. The truth is we never believed in monopoly and offered all our acquired TV rights to anyone who was ready to share the price with us. Our purchase of football rights was defensive, as that was the only way we could get it. Unfortunately, our government was happy to, as they continue to be, leave everything in the hands of foreign dominant players.

And whatever we were ready to pay for those TV rights was still far less than what Nigeria was losing from the repatriation of profits by the foreign companies operating in the country!

They say Power is not served al a carte, you have to take it forcefully. And if you are going to take it, make sure you succeed! I didn’t, but I am glad I tried. It is the most meaningful, joyful and the greatest thing I have ever embarked on. I can still see the sparkle in the eyes of every true partner of that journey I meet.

In conclusion of HiTV 101, I will say this, our thinking that we were doing the right things and following the patterns of all international Pay TV companies was not enough, we had to successfully domesticate those patterns and that proved difficult. Thankfully, our good intentions and hard work have helped most to get great jobs and new opportunities and challenged foreign companies to do more locally.

Whatever you do, live forward.

http://ynaija.com/hitv-collapsed-toyin-subair/

LALASTICLALA




Worship at the living faith church aka winners chapel, This sunday its our Financial Banquest Service , Come and experience the power of the Holy Spirit as He delivers from all forms of Sickness, Diseases, Oppression, Bondages and Curses under the Anointed teaching of Bishop David Oyedepo

Be Blessed as you attend
ProgrammingRe: Community Service | I Am To Teach Everything I Know In Java For Free! by Asuokaa: 12:00pm On Sep 07, 2016
ultimatex:
Hi guys, I am a web developer and I also program in Java. I have been challenged to teach someone (at least one person) I do not know everything that I know in Java and its quite a lot. If you are interested, please all I need is your email address. Drop your email address only in this thread and I will communicate with you via email. It is totally free of charge and I will deal with the following:

Java Structured Programming
Methods and Functions
Objects and Classes
GUI
Internationalization
Node System
Java Database
Servers and Applets etc

I am going to start from the beginning with how to install Java in your system and/or NetBeans IDE.
The training commences on Wednesday.

You will be communicated on Wednesdays and Saturdays.

I will prepare a pdf file with the tutorials, instructions and guidelines. If you have any problem while reading it you then message me via email.

Please before you post your email address here try to get a system and have a data plan subscribed.

Thank You
ok thanks

kolaceo@evilla.com.ng
PropertiesVillagers Cry Out Over Use Of Obasanjo’s Name To Grab Lands In Ogun by Asuokaa(op): 10:07am On Sep 05, 2016
COMMUNITY leaders from Adekoyeni, Ajambata, Araromi Orita and Oluwanishola (a.k.a Abule Teacher) in Ogun State have cried out over alleged use of the name of former President Olusegun Obasanjo to seize land unjustly. The leaders, in a petition to the Ogun State government and signed by National Secretary and General National Legal Director of the Movement for Islamic Right and Justice, MIRAJ, Segun Daud and Kazeem Adedeji, respectively, urged the state government to intervene in the matter. MIRAJ alleged that the perpetrators claimed to be carrying out the orders of the former President thereby grabbing lands belonging to people in the areas. The petition reads: “On Sunday, 31st July, 2016, at about 7:30 p.m, Some unknown thugs (10 boys and 2 ladies) sneaked into the boundary between Adekoyeni and Ajambata villages, with a Vanagon bus, with Lagos registration number: SMK 983 XR, to deposit a female corpse at the boundary of the villages. “This was done purposely to set the villagers up but fortunately for the villagers, the thugs were cited at the point where the corpse was to be buried at the boundary. The villagers immediately challenged the thugs, two of who escaped while others were arrested through the assistance of Saver HighWay Police Officers, with their team leader known as Inspector Alade. “Shockingly, the arrested thugs were released the following day and a further petition was written to the Commissioner of Police, AIG Zone 2, DIG Force Headquarters and Inspector-General of Police. The CP has assigned the case file to Homicide Section and five out of the culprits/thugs have been arrested, two were released on bail while three are currently in police net. “It is a common practice among the land grabbers to create confusion in and around the community by depositing corpse at the villages or rob the villagers purposely to have their way into the communal land. “Once this is done, they immediately contact their sponsored police officers within the area to raise false alarm, get the villagers arrested, detained them and further get remand order in perpetuity before the Magistrate Court which does not have jurisdiction on capital offence. “The agents have turned the villages to their base, and it is beyond the power of the villagers to confront the land grabbers who have influential personality backing them.” We’re investigating— Police When contacted for his reaction, the state Commissioner of Police, Ahmed Iliyasu said the Police command was aware and has begun investigation on it. While calling for calm, he said “the command would ensure no criminal finds the State easy to operate.”


http://evilla.com.ng/en/nigeria-real-estate-property-blog/13-villagers-cry-out-over-use-of-obasanjo-s-name-to-grab-lands-in-ogun
PropertiesLagos Proposes New Regional Masterplan For Ikorodu by Asuokaa(op): 9:29am On Sep 03, 2016
The upgrade of Ikorodu township, a rapidly expanding settlement in Lagos State, to a contemporary eco-city development is in top gear as the government’s consultant has unveiled a new and ambitious programme to review the city’s spatial dynamics.

The coming master plan hopes to cover a period of 20 years from 2016 to 2036. So far, the State’s Ministry of Physical Planning and Urban Development has completed and published six model city plans of Alimosho, Apapa, Agege/Ifako, Mainland, Ikoyi-Victoria Island, Badagry and Lekki for the use of professionals in the built environment and the public.

Last week, consultant for the project, City Scape Planning Services, met with major stakeholders representing various interest groups from the town’s roughly two million population. They included several sole administrators of the affected Local Council Development Authorities (LCDAs) comprising Agboyi – Ketu, Isheri North, Ikosi, Gberigbe, Agbowa, Imota, Ibeshe, Ijede, amongst others, Lagos State House of Assembly members including the majority leader, Mr. Sanai Agunbiade, representatives of the Ministry of Physical Planning, Lands Bureau, former state commissioners, professors of Town Planning, state agencies such as LAMATA, Lagos State Water Ways and so forth.


The CEO, CityScape, Mr. Niyi Odetoye, shedding light on the project, stated that stakeholder input was paramount to the planning process. Hence, the first level of execution will be the data collection drive.
“The job we had was to prepare a master plan for the region. Ikorodu plays a major part in the entire Lagos. The plan envisions a development, which will utilize the sub-region’s undeveloped green fields, waterways and lagoon front potentials to make it a viable investment destination in Lagos State.”

An analysis of the facts on ground shows that there has been rapid spatial growth in Ikorodu at the rate of 118.3 per cent annual urban growth between 1990 to 2011 increasing to an eye-popping rate of 1171.6 per cent annually by 2015.

He added that recent studies have also shown that Ikorodu interconnects with the Lagos metropolis with over 40 per cent of the residents / home owners working in the metropolitan Lagos according to a functional urban area survey. Thus to prepare a sub-regional plan in accordance with the provisions of the Lagos State regional plan for a sustainable city requires an all inclusive approach.

He said the underpinnings of the project is to ensure that it aligns with global and regional development agenda through a bottom – up approach that will ensure the issue of poverty is dealt with.

Odetoye equally proposes a project that will be situated within the local regional development framework and that would be driven by technology to ensure proper coverage of all the relevant sectors as well as incorporate the local interests of the stakeholders with environmental sustainability placed high on the ladder of priorities.

“Our proposals align with local culture, with capacity development strategies for all the actors such as community leaders, residents, the market men and women and so forth. We don’t want it to end up being an academic exercise. We are placing a lot of emphasis on environmental sustainability by leveraging natural resource potentials and mitigating possible threats and risk prone areas.”

The method is based on global best practices, benchmarking with UNHABITAT Protocol for Urban and Territorial Planning.

“Through a go along method of data collection, policy stakeholders’ forum and community consultative forums, it will ensure involvement of the community by the time we move to site. We have put together a comprehensive community participation plan. Lastly there will be a validation exercise to ensure that data collected is authentic and everyone is on the same page.

Also speaking on the potentials of the project and the policy challenges /gaps in past planning policies and processes, Prof. Leke Oduaye identified urbanization, development being faster than projections of master plans and that generic models did not consider local peculiarities.


He explained: “Urbanization is the biggest challenge to Ikorodu. How inclusive have previous master plans been? The location of Ikorodu is very strategic – it is highly accessible to other parts of Lagos. Existing plans did not envisage the rate of growth in Ikorodu. The models were not culturally rooted – they come from abroad thus cannot address our local needs. Development plans ordinarily should be able to absorb shocks.”
Stakeholders at the event highlighted aspects of Ikorodu’s potentials and necessary infrastructure to be kept in focus in the planning of the new master plan. Majority Leader of the Lagos State House of Assembly, Mr. S. O. B. Agunbiade, stressed the tourism potentials and cultural heritage of Ikorodu and revealed that the town celebrates no less than 200 cultural festivals yearly. He cited the various locations of pre-colonial and early independence justice system of Ikorodu as places to be preserved and developed into tourism destinations.

Other infrastructural needs as noted by the participants included a modern e-library, fire station, a sea port to serve as supporting infrastructure for the Apapa port, water transportation for both inter-Lagos and intra-Ikorodu routes, health facilities, as well as the proper distribution and rehabilitation of road networks in the region to connect the communities within the sub-region among others.



http://evilla.com.ng/en/nigeria-real-estate-property-blog/12-lagos-proposes-new-regional-masterplan-for-ikorodu

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