₦airaland Forum

Hello pls there is this laptop (Asus X554L) at home, it's been long we use. Tried using it and it had been showing shutting down for several minutes. I press down the power botton to shut it down and reboot again but still doing same thing. Pls what is wrong with. Thinking of taking it to Ikeja today if it's something i can't do.

Thank you as you help me here.

People also need to stop telling this agents budget that is not realistic for some areas in Lagos. Some will be asking for 300k mini flat on the island.

The agent who wanted money will remember there is one house a landlord told him on the mainland even when some can't even stay there but they believe you are also ready to take any issue that came with the house just because you wanted what is not realistic in that area.

Pls always check what you want on Google before calling thess agents. They can't perform miracle. e.g if you want mini flat in Ikeja Gra, just type mini flat for rent in ikeja gra. You will see the available ones with thier price range. Then you will know yourself if you are ready. my opinion sha o

Let us stop disturbing ourselves jare

What do we want exactly in Nigeria?

Is it that the incoming Finance Minister doesn't have any Professional qualification in Accounting or it wasn't just considered neccesary to be included in her CV?

Only talking based on what's on the new paper and I don't think ICAN will be telling us otherwise. The best advice is for any Interested Chartered Accountant holder to make more enquiry before going ahead with the program.

ednut1:
cima gotten with an mra cannot be used to get cpa canada

No you will be writing Strategic Case Study Exam only at the Strategic level which is the final stage with ACA. Am only talking based on what I read on the newpapers

Perra:
From that image up there, we are only writing that first part right? ...that B1-B4.?

The Charteted Accountants have a paper to write plus added advantage of Canadian CPA

The core politicians among them like Lai Mohammed, Fashola, Ameachi were retained. I think he was dropped because he is not a politician and how would he have helped them towards winning the second term which they will be expecting of him.

Nigeria policians usually drop all these technocrat and specialist in a particular field who doesn't have political weight if they refuse to enter the mud with them.

All the reasons listed above are just mere cock and bull stories.

Where is Ibe Kachukwu in that list too. He wasn't retain also

E b like say 9ice just enter country back.

And so what, Even you, yes you can't recite it OP

My guys are at it again. Campaigning for us after election

I swear down clothing line or Human hair dealer

rentAcock:
Watch out for her clothing line in 2 months. Bbnaija promotes nothing but promiscuity and mediocrity.

Omotaday:
He should be thankful to Tinubu who revived his carrier. He is not a true loyal party man, he has decamped many times, defeated and embarrassed by Amosun.


Happy birthday to you sir. Long live.

He has his weakness but he tried to make sure Pdp did not win AD in Ogun state, he was offered the governorship ticket of pdp but he refused. Pdp ended of using federal power to win Ogun state because the president (obj) is from the state which made him spend only 4yrs as governor. For the 8 yrs of pdp government he never decamped until AD turn ACN and they won again. Mind you Amosun did not win the election when Osoba decamped because his followers were sidelined in the government between 2011 and 2015. Election was massively rigged in Ota LG, and Ifo Lg.

Am not his fan and I don't know him but I know what is going on.

Happy birthday to Baba Osoba

The union members who stood by the governor during campaign and election as Chief security officers and bodyguard are already eyeing the post. The people who will be chosen already knw themselves. Efele of Ijebu and co

The file or books in the two pictures are just for formal purpose that they have handed over, not determination of projects done within 4 or 8 yrs.

It's a big lie. For anyone who care to know go to Agbado and some areas in Ogun State. I was there last week. You will see what am talking about. I don't know why they keep deceiving people.

Thank you so much. God bless you

computerglobal:
Delivered

Hello, Please help with the history of this car

This is the last 6 digit of the VIN: 010935
mkoguns@gmail.com.

Hello, i really appreciate the job you have doing here and i have learnt a lot. Please help with the history of this car
4T1BF3EK3AU010935
mkoguns@gmail.com.

Thank you.

CarGuidNG:
Available.

Teachers will eant their staff room there even principal and V. P will want their office moved there. I pray they maintain the school sha

Coming back

How long do we keep hearing all this act of our politicians? Most of our governors use their youngest and most beautiful wife as the first lady. Only them understands why

chukwuibuipob:
Masterpiece. but i hear say Akute,sango,ijoko and environ dey sufa sha..Hopefully, thr govt elect will do the needful there.E yin omo Ogun,e ku ori re

People are really suffering in that axis

Abeokuta is not the only city in Ogun state, what happened to the other cities in Ogun State. Ogun West Senatorial District for example doesn't have any single completed project. What happened to the area where most Ogun IGR is been generated(Lagos-Ogun Border town) on C of O and industries? Nothing to write home about. Hope our incoming governor will work in this axis.

https://businessday.ng/exclusives/article/why-wempco-group-seeks-to-offload-oriental-hotel/

A major debt burden is weighing heavily on Western Metal Products Company Limited (WEMPCO) Group as it plans to sell its flagship five-star Oriental Hotel, BusinessDay has learnt.
According to a document seen by BusinessDay on Tuesday, owners of the Luxury Oriental Hotel, situated in-between the Lekki and Victoria Island areas of Lagos, are asking for $250 million (N90 billion).

The group has fallen on hard times and is considering an exit from Nigeria along with its steel plant, which has 700,000 tonnes-capacity and employs about 14,000 people, mostly Nigerians, sources said.

“When deep, long-term guys like these are exiting, then it is a very worrying sign. People like these are not supposed to exit,” an economic analyst, who asked not to be quoted, said.
Founded by Lewis Tung and his brother Robert Tung, WEMPCO Group has been in Nigeria for over 40 years with established manufacturing companies that produce roofing sheets, galvanised pipes, wire nails, plywood, ceramic tiles and sanitary ware. It is also actively involved in agricultural and hospitality sectors through which it currently employs over 13,000 workers across its 11 subsidiaries.

The Tungs were among the four Chinese families that came to Nigeria in the 60s.
“If they leave there will be only one left,” an industry expert said on the condition of anonymity.
Chaired by Lewis Tung, a Chinese-born, US-trained entrepreneur, WEMPCO has made some of the biggest foreign direct investments in Nigeria in recent years.

Top directors in the steel and hospitality sectors who are familiar with the situation, however, told BusinessDay that the reasons for the group’s ordeal are poor corporate governance, over-dependence on government policy, inability to consider Nigerian realities before making key decisions, and harsh business environment.

They say there is poor corporate governance at the Luxury Oriental Hotel as directors’ children interfere in the financial operations of the business.

More so, the group relied so much on government policy and Olusegun Aganga, the then minister of industry, trade and investment, for its survival. This has turned out to be part of its Achilles Heel.

In 2015, BusinessDay exclusively reported that the then outgoing government of Goodluck Jonathan, under the supervision of Aganga, classified WEMPCO, Midland and Kam Wire as upstream manufacturers of cold-rolled steel. They were to produce for the downstream segment which would use the cold-rolled steel for further production.

These companies were granted import waivers that would allow them to import any shortfall (the demand gap) to complement what they would produce locally to meet the demands of the downstream segment.

Downstream manufacturers wishing to import the cold rolled steel coils were mandated to pay 20 percent import duty.

At some point, WEMPCO and co raised prices of cold-rolled steel, forcing some of the manufacturers in the downstream segment to set up cold-rolled plants.
“WEMPCO had invested heavily in this segment. So when the manufacturers who were supposed to buy from them set up cold-rolled lines, it became a problem for the likes of WEMPCO. As this was happening, a new government of Muhammadu Buhari came and cancelled the waivers,” a reliable source in the steel sector said.

Sources added that WEMPCO calibrated a production line in its N236 billion rolling mill in Lagos to produce a thick cold-rolled of 0.2mm, which is more expensive than the 0.8mm or 0.4 mm seen in the West African market.

“It became difficult for them to be competitive in a market where low-quality products are rife,” another industry source said.

However, some analysts say the company’s problem shows Nigeria’s weak business environment.

Babatunde Paul Ruwase, president, Lagos Chamber of Commerce and Industry (LCCI), recently said businesses are generally burdened with the challenges of infrastructural deficiencies and macroeconomic blows, as most investors are saddled with huge cost of providing electricity, poor access to good roads, insecurity and other industry-specific issues amid poor access to affordable credit, high exchange rates and multiple taxation.

Ken Udoh, a Lagos-based public affairs analyst, said the sale of the hotel by its owners could be as a result of a tough operating environment and the increase in the cost of doing business in the country.

“This further confirms our fears about the economy and the decrepit infrastructure in the country,” Udoh said.

Ademola Feranmi, an economist, said the service industry is really struggling currently. The shrinking consumer wallet has reduced the patronage and the profitability of these companies while the cost of operation keeps rising.

“Most hotels now have large halls to host social events on weekends and corporates to boost their revenue,” he said.

The Manufacturers CEOs Confidence Index (MCCI) report released on Tuesday by the Manufacturers Association of Nigeria (MAN) shows that confidence of business owners in Nigeria’s manufacturing sector stands at 51.3 percent in the first quarter of 2019 as 200 CEOs interviewed said access to dollars, credit, electricity and fair taxes were major drawbacks.
The sale of Oriental Hotel is coming after Four Points by Sheraton was acquired in 2018 by Actis, an investment firm, and Westmont Hospitality Group. The 231-room hotel is targeted towards business travellers and small conventions. It was owned by Starwood Hotels & Resorts, which is a subsidiary of Marriott International.

An imminent exit of WEMPCO Steel, commissioned in 2013 by President Jonathan, could mean loss of 14,000 jobs after Procter&Gamble shut down its $300 million diaper plant, with Kimberly Clark also exiting.

The CBN in 2015, as part of its initiative to resuscitate local industries and improve employment generation, released a list of items not eligible for foreign exchange in the government-created Importers & Exporters window. Among the 41 items on the list are cold-rolled steel sheets, galvanised steel sheets, and roofing sheets.



ODINAKA ANUDU, ENDURANCE OKAFOR & OLUFIKAYO OWOEYE

Am i the only one seeing the writing of the handwriting on the last receipt, is that an account officer handwriting or the aboki gateman of the company.

That is his house in Ibogun village close to Ifo.

The sokoto in the middle picture fit enter my head