₦airaland Forum

Poor journalism

Accepting you’ve a problem and need help is the very first step in the right direction. Thumps Up OP

still looking for where she mistakenly admitted

CONTACT US
Regville Associates
www.regville.com
08065111667 (Call and WhatsApp), 08157569011
regvilleassociates@gmail.com or mail@regville.com
782B, Rev. Emmanuel Adubifa Street Omole Phase 2, Ikeja, Lagos State

I think I like Seyi

Where is Prof Ogunlesi

HEAVY EQUIPMENTS FOR HIRE/LEASE
1. Bulldozer
2. Excavator
3. Swamp Buggy
4. Dredgers
5. Lowbed Trucks
6. Trucks for Haulage
7. Backhoe Loader
8. Payloader
9. Roller Machine
10. Crane

Machhire Limited is a leading firm in the leasing of heavy equipment. Our network spans across the real estate, construction, mining and dredging sectors providing machinery support, dedicated operators, effective customer relations and top-class advisory services on land reclamation, landscaping, project/site development, project management and machine/fleet management.

Contact Us:
Machhire Limited
Website: www.machhire.com
Email: hire@machhire.com machhirelimited@gmail.com
Phone: 09061233803, 08157569011
Address: Km 35 Lekki - Epe Expressway Opposite Beachwood Estate, Lagos State.

Our vision is to be the largest equipment leasing company in Africa by 2030.

HEAVY EQUIPMENTS FOR HIRE/LEASE
1. Bulldozer
2. Excavator
3. Swamp Buggy
4. Dredgers
5. Lowbed Trucks
6. Trucks for Haulage
7. Backhoe Loader
8. Payloader
9. Roller Machine
10. Crane

Heavy Machineries

Heavy equipment & machinery is a highly valuable asset for every company who has/use it, these kind of asset requires constant maintenance to keep it in good working order. However, the only problem with these equipments is the cost – it is huge and sometimes makes quite a big hole in the pocket. Therefore, the owners must take a thorough care of the equipments and repair it properly, so that they do not have to get rid of the equipment at once or that they can use and utilize them for a long time.

Here are some tips to keep your heavy equipment always on top condition :

1. Lubricate your heavy equipment frequently and keep it clean

Working heavy equipment requires daily maintenance. Some components, especially moving parts in engines and power trains, demand frequent lubrication. Other components, such as hydraulic lifts and bearings, must be monitored and lubricated at the first sign of need.
Contamination can lead to machinery breakdown. Water is a major source of corrosion. Lubrication prevents corrosion. Maintaining seals and replacing filters will help keep lubricants free of contaminants.

2. Have a maintenance and repair schedule, and keep good records

Fluids, tires, tracks and electrical systems are among the components that have to be checked regularly for preventive maintenance. Know what needs to be inspected and when. Here are some examples.

Power transmissions have many moving parts that need to be maintained in top condition. Gearboxes need to be checked for lubrication, vibration and damage to parts.

Friction materials, seals, gaskets and bearings all need to be inspected for wear and replaced. Gears and shafts usually last a long time and don’t need to be replaced often, if at all.

Drive train components need constant monitoring. Check pulleys and v-belts on CVT transmissions for alignment and wear. Check sprockets for correct meshing with chains and for breaks.

Test the oil to diagnose problems. Change filters frequently.

Bearings keep great amounts of force running smoothly and are vital to large machinery performance. Check bearing lubrication often. Maintaining bearings well extends their life.

Do a seal check to prevent bearing raceway contamination.

Run torque checks on the bolts. Bolts can elongate and creep over time.

3. Fuel up your assets
A full tank equipment works better than a half tank or semi tank. The efficiency and the quality of the output become much better with a full tank than with a half-filled tank. Therefore, after the end of a working day, the tank needs to be filled. It also helps the owner to determine the fuel consumption rate of the equipment.

4. Check for signs of wear

Vibration, shock, high temperatures, friction and age all contribute to the breakdown of parts in heavy machinery.

Vibration can come from gears and belts that are out of alignment

Shock can come from accidents and from poor operator technique

High temperatures can come from extended use, friction, poor lubrication and worn parts, among other reasons

Age affects many key components. Over time, belts will warp. Seals will dry and crack. Bolts will loosen and stretch out of shape. Age is a factor to monitor in equipment.

5. Don’t Overwork Your Machines

Never exceed your equipment’s stated performance specifications and limitations as found in your owner/operator manual. As with any industry where heavy equipment is a staple of operation, effectiveness and efficiency are key to optimal performance and yielding the best results for your efforts. Knowing and abiding by weight limits for loads and inclines for transit are an easy way to keep your heavy machinery working. Most modern heavy machines come programmed with multiple power modes. It’s essential for operators to make sure their equipment is set to the correct power mode for the task at hand. Also, minimizing your machinery’s travel and idle time can add longevity to the life of your assets.

This is interesting

Regville Team offers an extensive range of post-incorporation services relating to the structural changes of a Company. We will prepare and file all appropriate documentation.

• Change in Authorized Share Capital
• Change in Allotment of Share Capital
• Change in Particulars of Proprietors/Partners/Directors/Shareholders
• Change of Registered Company Name
• Change of Registered Company Address
• Change of Proprietors
• Change of Partners
• Change of Directors
• Change of Shareholders
• Change of Trustees
• Appointment of Directors
• Appointment of Company Secretary
• Appointment of Trustees
• Appointment of Liquidator
• Alteration of Memorandum and Article of Association
• Re-registration of Business Name as Limited Liability Company
• Re-registration and Conversion of Unlimited Company as Limited by Shares
• Re-registration and Conversion of Company Limited by Shares as Unlimited Company
• Re-registration and Conversion of Private Company as Public Liability Company
• Filing of Annual Returns
• Filing of Dissolution of Trustees
• Filing of Cessation of Business Name
• Obtaining Certified True Copies of Documents
• Winding-Up of Companies

The Nigerian self-assessment system requires that:- The taxpayer accurately calculate his tax liability, pay the tax due at designated bank to collect e-ticket and file self-assessment return on or before the statutory(due) date for filing such tax return; Tax returns are accepted, by the tax authority, as filed, subject to on-the-spot simple checks to ensure that tax return forms are correctly completed.

STRATEGIES TO OPTIMIZE TAX COMPLIANCE:
• Prompt registration with the appropriate tax authority in the system immediately after CAC registration both with Federal Inland Revenue Service and the state Inland Revenue Service.
• Seek due date and requisite taxation information from the authorities
• Incorporate good bookkeeping records most beginners start with Excel for their bookkeeping.
• Seek/Consult Tax Consultants for beginners you can choose them just to guide you.
• Attend Tax Management Trainings/conferences/seminars

Remember a Tax Clearance Certificate is needed in lots of transactions, bidding for contracts, etc

Let us use this opportunity to discuss lucrative business ideas in Nigeria.

REAL ESTATE/HOUSING SECTOR

There is a saying that, “Landlords grow rich in their sleep”. Funny but true, Real Estate is a green area for business and investment.
Acquiring a large expanse of land, portioning it into service plots for sale in which payments are in installments is a sub-sector that has made many Nigerian Millionaires.

Building residential apartments, hotel and recreation part also falls under the auspices of Real Estate.

One can also be a Freelance Agent adopting different marketing strategies to sell or let people’s properties or Private Company Independent Agent.

One can also setup an online store for selling building materials, items for example cement is a very essential commodity and needed in large quantities.

CRECHE AND NURSERY

Children are born every day and there is a need to acquire formal education.
Crèche and School business generally is a diamond-mine a major problem is that there are many substandard schools in Nigeria so if you can take qualitative education seriously and make it your watchword, the sky is just the starting point, eventually your school will be a cynosure.

TRAVELS AND TOURS

Movement from one place to another is very common to man, so much more man loves leisure and fun. Combining Travel Agency with Tourism is a very good combination and a lucrative one.

The world is a global village and Nigerians are fast embracing digital technology, most tickets are bought online, strategically positioning yourself as a reliable agent with cheap tickets will pave way for you in the industry.
Websites like travelstart.com offer startups the opportunity to start their own online travel agency and your site backend will be integrated to their own (travelstart.com).

Strategically collaborating with tourist places both locally and international is a good way to start the Tour arm of this sector. Organizing events like “Weekend Escape” for couples is also a brilliant idea.


POULTRY AND LIVESTOCK FEEDS

Poultry business is a thriving business in Nigeria, the rate of consumption is quit high. There is also Government legislation that bans the importation of frozen livestock, thereby pushing the pressure on the local farmers. Its demand doubles or even more during festive period especially Christmas.


TRANSPORTATION BUSINESS

The need to move from one place to another is the background of this business, although the sector has been marred with street urchins. A well-planned system such as, inter-state bus travels and taxi system like yellow cabs and red cabs that we see around in Lagos can be adopted and explored. Uber Nigeria is a very good investment area in the transportation industry.
Haulage trucks renting for some Companies like DHL, Dangote etc. is also a very safe way of investing in this sector.


INFORMATION AND COMMUNICATION TECHNOLOGY

ICT is one of the fastest growing sectors in Nigeria, ranging from e-commerce to blogging and other internet-allied services.
Another green area is the Computer Literacy part, a large chunk of Nigerians are still computer illiterate. A training center will surely flourish in this field.

Offering computerization of some operations in workplace is an innovative way to start, the corporate world is evolving lot of Companies still
embrace analog system of operation, you can get a good programmer to design a solution application and then you can commercialize it.


PROFESSIONAL CLEANING AND WASTE DISPOSAL

Cleaning services is needed almost everywhere some entrepreneurs have even explored residential cleaning. This business has lots of green areas including fumigation services, post-construction cleaning services, dry-cleaning services and lots
This is a very profitable business, you just need to get an organizational structure in place, and hire the right hands.


MARKETING AND ADVERTISING COMPANY

Marketing and Advertising for Companies is a very lucrative business, sales are very crucial to every business, if you believe you can help plan marketing strategies and implement them, and this business area is just for you. Your earnings might be based on commission for products sold; digital marketing will give you the edge.


LOGISTICS COMPANY

The logistics business is a very lucrative and broad business in Nigeria, its opportunities spans areas like documents/parcel handling, intra-state errands, clearing and forwarding.
The documents/parcel business, partnership with well-established firm is very good option or even becoming franchisee of big logistics firms like DHL is a very nice idea.

Lots of Companies outsource their parcel delivery; you just need to position your Company very well.
Clearing and Forwarding, this is a good mine although the sector is marred with lots of corrupt practices, if one shows serious interest and builds a very good online presence then the sky is just the starting point for the person.


CREDIT AND LOAN SERVICES

Turn right, turn left you will find lots of these Companies. It’s a lazy way of making lots of money, just from the comfort of your house you can operate this business and make lots of money. It involves a high level of risk-taking though but with adequate background check on the person you are lending money then you are a bit secured.


FOREIGN ADMISSION PLACEMENT SERVICES:

The need to acquire formal education is the background of this business, less than 50% of those that apply to Universities to study in Nigeria actually gain admission. Over the past decade the attention has been greatly increased towards studying abroad. As an agent, you’re to partner with these Schools abroad, get paid commission on referral, so the trick is the more University options you have the greater your chances.
Along the line you can add services like TOEFL, SAT, GRE tutorials.


GAS STATIONS/PLANT

The paradigm shift from using kerosene to gas is getting interesting every day, lots of homes now have gas cookers in lieu of Kerosene stoves, apart from the fact that is cheap it is also clean. Gas plants are becoming essential in neighborhoods; partnership with Petrol Station is one of the best routes as the safety concern is covered.
Plenty Nigerians are making millions in this sector.


DIESEL AND PETROLEUM HAULAGE BUSINESS

Though this sector is marred with lots of corrupt practices including dilution of petroleum products, in accurate precision and all but it is a very open sector and very lucrative especially if one can have a peddler (mini-truck) or a big truck for the haulage. Diesel can easily be gotten from the depot in Apapa. You only need little publicity and more importantly, try building your integrity in the business it pays a lot.


CARS AND SPARE PARTS

Selling of cars is a very lucrative business in Nigeria, there are some strategic advertising tools one can employing in this business that you will be smiling to the bank and makes selling seamless.
Spare parts business is also a very good business, parts are imported from Belgium, UK etc. Tire is also a sub-sector you can also explore as a majority of vehicles has tire problem. Launching a Tire Check Campaign and some digital advert to spice it is a goldmine.

Basic Requirements Needed To Open A Corporate Bank Account In Nigeria

1. Resolution from the Board of Directors/Proprietor(s) authorizing the opening of the account and approving the account signatories.

2. Affix Company Seal or Stamp

3. Completely filled-up Corporate Account Opening Form signed by the company’s designated signatories (attach all required documents on the form)

4. Certified true copies of Incorporation documents

5. Proof of Residential Address of Signatories, Directors.

6. Passports Photograph of the signatories

7. Bank Verification Number of Directors or Proprietors

8. Valid means of Identification (International Passport, Drivers License, National Identity Card or Voters card) of Directors/Proprietors

9. Tax Identification Number for the Company

10. Utility Bill of Business Address

11. SCUML Registration where applicable

12. For foreign Nationals require other special requirements (Business Permit, Residence permit etc)
Duly filled two Reference Forms by Corporate Account Holders

When did Awolowo become President that got skipped in our history �‍♂️

INFORMATION REQUIRED TO REGISTER A LIMITED LIABILITY COMPANY IN NIGERIA

Two (2) Proposed Company names for name search and reservation

A. Name, Address of Directors and Shareholders (Minimum of 2, Maximum of 50) Directors must be more than 18years.
B. Allotment of shares among shareholders
C. Scanned copies of Directors and Shareholders valid ID card (Driver's Licence or Int. Passport or National ID Card
D. Nature of business
E. Proposed office address and email address
F. Name and Address of Company Secretary (Prior secretarial experience is not required)
G. Scanned copy Company Secretary valid ID card.

Tax Matters

CONTACT US
Regville Associates
www.regville.com
08065111667 (Call and WhatsApp), 08157569011
regvilleassociates@gmail.com or mail@regville.com
782B, Rev. Emmanuel Adubifa Street Omole Phase 2, Ikeja, Lagos State

CONTACT US
Regville Associates
www.regville.com
08065111667 (Call and WhatsApp), 08157569011
regvilleassociates@gmail.com or mail@regville.com
782B, Rev. Emmanuel Adubifa Street Omole Phase 2, Ikeja, Lagos State

PRIVATE LIMITED LIABILITY COMPANY

Private Limited Company is formed by a minimum of two to a maximum of fifty people, who make financial contributions to the business and have limited liability. They are limited by the monetary value of the shares they hold. The private limited company does not offer its shares to the general public. This means that such shares cannot be traded on a public stock exchange such as the Nigerian Stock Exchange. Also, it does not make its accounts public nor publish audited reports in the dailies, but sends the reports to the registrar of companies as required by the law. This is important as sending it to the registrar confirms that it is not selling its shares to the public. These are the major features of the private limited company that mark it different from the public limited company.

Other features that mark it different are:
- Sources of capital: Apart from financial contributions made by the shareholders, capital can be raised through contributions made by newly joined shareholders, loans and overdrafts from financial institutions, ploughed back profits/retained earnings, and credit facilities from business’ suppliers.
- A shareholder cannot transfer his shares to another shareholder or a third party without the approval of other shareholders.
- The suffix ‘Limited’ ( Ltd.) is added at the end as part of the name of a private limited company. For example, XYZ. Ltd.
- The company is managed by a board of directors, alongside a managing director and chairman of the board, who are elected from among the shareholders.
- The company can sue and be sued.

FEATURES OF A PRIVATE LIMITED COMPANY

1. Shareholders are only limited by the value of the shares they hold.
2. Shareholders jointly bear the business’ risks together.
3. As a separate legal entity (an imaginary person), the company can sue and be sued in its own name.
4. The company enjoys some privacy as its books of accounts are not made public.
5. The death or withdrawal of a shareholder does not bring the business to an end.
6. The private limited company has more sources of capital compared to the sole proprietorship and partnership forms of business organizations. This is because it has a higher limit of fifty people who can co-own the business and make financial contributions, compared to the limit of twenty people in the partnership and one person in the sole proprietorship.
7. A greater number of shareholders means a greater pool of knowledge, ideas, skills, abilities and expertise. This is an advantage to the private limited company compared to the sole proprietorship and the partnership.
8. Growth and expansion can be achieved since there are more sources of capital.
9. The starting up and running of a private limited company requires huge capital.

Regville Associates is a one-stop business setup and consultancy firm.

With over 300 Companies Incorporated and over 450 Companies served. We’ve become a cynosure of excellence.

OUR SERVICES

• Company/Business Registration with Corporate Affairs Commission
• Limited by Shares Companies (Private Limited Company, Public Liability Company, Unlimited Company, Limited by Guarantee Company)
• Incorporated Trustees (Foundation, NGO, Club, Church etc)
• State and Federal Tax Services ( Tax Identification Number Application, Tax Clearance Certificate Application, Value Added Tax (VAT) filings, Personal income Tax (PIT) filings, Pay As You Earn (PAYE) filings etc)
• Intellectual Property Registration (Trademark, Patent and Designs)
• Immigration Matters (Business Permit, Expatriate Quota, STR Visa, CERPAC Cards etc)
• Post Incorporation Services (Annual Returns, removal and Appointment of Directors, Changes in Office Address, Shareholding, Shareholders, Changes in MEMART)
• Industrial Training Fund (ITF) Registration and Compliance Certificate
• National Pension Commission (PENCOM) Registration and Compliance Certificate
• Nigeria Social Insurance Trust Fund (NSITF) Registration and Compliance Certificate
• National Agency For Food & Drugs Administration Control (NAFDAC) Registration
• Allied Corporate/Legal/Secretarial Matters

CONTACT US
Regville Associates
www.regville.com
08065111667 (Call and WhatsApp), 08157569011
regvilleassociates@gmail.com or mail@regville.com
782B, Rev. Emmanuel Adubifa Street Omole Phase 2, Ikeja, Lagos State

Struggle continue

Hmmm �

Na wa oooo when I was about changing to synthetic

ABOUT US

Machhire Limited is a leading firm in the leasing of heavy equipment. Our network spans across the real estate, construction, mining and dredging sectors providing machinery support, dedicated operators, effective customer relations and top-class advisory services on land reclamation, landscaping, project/site development, project management and machine/fleet management.

Our vision is to be the largest equipment leasing company in Africa by 2030.

HEAVY EQUIPMENTS FOR HIRE/LEASE
1. Bulldozer
2. Excavator
3. Swamp Buggy
4. Dredgers
5. Lowbed Trucks
6. Trucks for Haulage
7. Backhoe Loader
8. Payloader
9. Roller Machine
10. Crane

Website: www.machhire.com
Email: hire@machhire.com machhirelimited@gmail.com
Phone: 09061233803, 08157569011
Address: Km 35 Lekki - Epe Expressway Opposite Beachwood Estate, Lagos State.

High powered receiver delegation