₦airaland Forum

Average income c

onsiderably low internet penetration

poor customer service

poor infrastructure/postage services

ridiculously expensive some everyday items

lack of trust

traditional shopping channels

electrophobia

Hehehhe


Daylight

i wish i can play some sikiru Ayinde songs this xmas, i'll be blasting it for me neighbours

mo le shai jo fuji ooooo

PS: Oliseh, Keita, Drogba are well over 30 so they have dont their bits

True, that way he wont be using nigeria as an excuse to his poor performance

cashful:
It hasn't gotten to that, he needs the super eagles more than the eagles need him.

he doesnt need the 75% quota anymore, he should be a permanent resident now and the endorsement from nigerian firms are too little anyway
he should concentrate on his club career; the hassle is just sometimes too much, the nigerian coaches and admin seems to always look for an excuse and the players too actually

How far ?

how far?

^^

with lagos tax money?

sheyguy:
Quality education at university level shouldn't be cheap or free, primary to secondary level education could be made free to a large extent or totally free. Anybody who wants to attend a uni should go for scholarship if u cant get one then work extra hard for university education either by studying hard for scholarship or by getting a job to raise funds. Nigerians want everything for free including University, education that's why u see ppl go to school just to join secret cult and do runs, if u work hard for a university education like i said earlier there will be more positive orientation.

Education in most european countries is still cheap or completely free and the quality is up there with the rest;
where will nigerian student work to raise 700k annually? When even most people working cant get that money?
What scholarship is available for over 50,000 students annually?

The government should look for a better way to fund education either by increasing tax or raise the fees gradually to reflect the standard being offered

maki:
seriously mr stanbic ibtc rivers state needs u more,

bank don finish for naija ni?

another key board?? its for a laptop! i cant fix a keyboard myself

nothing is wrong with it otherwise, i can always use the scroll button

*Sanusi, Dangote, Ovia, Elumelu back call *How Kenya got telcom firm Safaricom to list

Pressure is mounting on the Federal Government and its agencies to compel telecom firms like giant MTN, GLO, Airtel, Etisalat and oil producing firms like Shell and Exxon Mobil, to list their shares on the Nigerian Stock Exchange, following the clamour to broaden access to their ownership, Business Day has learnt.

The telecom firms affect the life of virtually every Nigerian today. On the back of their celebration of ten years of incredible business success in the country, Nigerians are joining their fierce criticism of the massive degradation in service quality, with calls for the firms to be compelled by government to bring public searchlight on the operations of the firms by initial public offers, IPOs.

Central Bank Governor, Sanusi Lamido Sanusi, put an official face behind the calls when he spoke during the recent Nigerian economic summit in Abuja.

Said Sanusi, “but the question is, why can’t we have a law that will compel companies like MTN, Globacom and Shell to list on the Nigerian Stock Exchange? There is absolutely no reason. They don’t need to own 10 per cent of their companies and they don’t need to be held closely by a narrow range of Nigerians. At a time, countries like France, United Kingdom and America had legislations that ensured that any company that does business in those countries for a period of time is listed in their stock exchange. If in Nigeria we say any company doing business here for more than 18 months has to list or get out, they will comply. We have to get legislation for these companies to list,” he said.

The position of Sanusi is now being echoed by senior Nigerians who have built large enterprises listed on the NSE.

Leading businessman and Africa’s richest individual, Aliko Dangote, said he is in full support of calls for the firms to be listed, and accused some of using their business as a mere conduit to siphon money out of Nigeria.

He told BusinessDay, “government should just give them the marching order to list and I do not see how this cannot be achieved in six months.

“Let them not give us the crap that they have issues with the market or with a government policy which compels them to list. We went to South Africa to take over a company there and we are complying with the Black empowerment policy put in place by the government there. MTN cannot be making $2 billion in profit yearly and seeking to remain a private company.”

Leading bankers, Jim Ovia and Tony Elumelu also support the call.

Ovia fired one of the biggest public salvos at the recent investors’ forum organised in Abuja, by the Securities and Exchange Commission, SEC when he said it was no longer acceptable for the telecom firms to remain private.

“There is a strong case being made for the listing of the shares of the telecom firms”, says Ovia, founder of Zenith Bank Plc, which is listed on the Nigerian Stock Exchange.

The veteran banker said “take for instance MTN which reportedly makes 60 per cent of its profit from Nigeria. Why should MTN be listed in South Africa and not be listed in Nigeria. This is totally unacceptable and it is time for the government to step in.”

Tony Elumelu Chairman of Heirs told BusinessDay, “The government should encourage the telecom firms as well as the oil producing companies to list their shares on the Nigerian Stock Exchange. One of the central causes of the turmoil around the world, is the failure to create a society where there is fair re-distribution of wealth. At least 25-40 per cent of their shares should be sold to Nigerians, to create a fair and transparent access of the people to ownership.”

On the benefits of listing, Dangote said: “It will reduce the chances of massive over- invoicing or transfer pricing, ensure that these companies pay the right level of taxes and also help to deepen the market.”

Elumelu says this is not a call for Nigerianisation of the firms and adds that listing will bring about “wealth and income re-distribution, create transparent platform for Nigerians to own shares of the companies, given that they make huge profit from operating here, deepen the Nigerian stock market and give the signal that the market here is not about banking shares.”

Emmanuel Ikhazobor, former administrator, Nigerian Stock Exchange says the public listing of these companies would make them more accountable and make it difficult for the multinationals to evade or under- estimate their taxes.

Malcolm Gilroy, executive director, Afrinvest West Africa, shares the same view but suggested that the way to achieve that is by policy incentives like tax concessions and continuous infrastructure improvement on the exchange.

Director- General of the NESG, Frank Nweke, believes that by allowing indigenes to take equity interest in these firms, they would be under obligation to protect their infrastructure, reduce current incidents of vandalisation of their assets.

MEEEEE next

some few weeks ago i spilt a little drink on my laptop, i very quickly turned it upside down, gave it a quick wipe and voila, all seems fine

but i noticed whenever i press the Down button (the down Arrow) the page goes straigh to the bottom, instead of scrolling down gradually
what could be the problem, have i pressed too hard on the buttons while cleaning it or something is 'touching'

What do the employers say about the educational system; that's the most important

This should be in the business section, do you have any business experience to start with?

BTW

what is the downstream sector of oil and gas? petrol stations, reservoirs etc?

700% is outrageuous, i listened a bit to the hearing in the house, and i just cant believe the VC thinks its perfectly in order, i mean if they announce a gradual increase or say in 4years fees will go up by this much it makes sense

but they are arguing they working to get all their courses accredited and get the best hands, why not increase the fee when everything is in place instead of charging fees to make you achieve these

At the moment they are not exactly getting the best bargain, most of the part time students rarely get their results on time, they timetable is all over the place.

I would like to see the production line of Innoson, apart from their products you rarely see the inside of TV, are they being secretive or not really engaging the government and universities

And why the focus on Lagos state? Why dont they focus on their home/neighbouring states and FG?

Perhaps if they build a servicing centre in lagos and promise to employ or open training academies for lagos citizens they will get more

Their plane were not cleared by the engineers

Call them again, tell them you paid online and you want the refunds the same way you paid

Ask for a reference number to take to the airport for a refund,
ask for the name of the person you are speaking to,
ask for an appointment to say Mrs XYZ is coming for a refund and who she which 2 manager will be on duty (as one is very likely 'not to be on seat')

We will generate enough for some companies to expand and some to start up, doesnt necessarily have to be high tech, but more hands will be needed there

Cement will probably be used as the standard, by then companies in Nigeria would have met local demand, then the focus will be on something else
car parts? Dustbins, Textiles

it's cool to drive without a seatbelt!!

Dual Core:
Background


I send her the booking reference and she gets to the airport on time today for her flight only to be told they are issuing refunds to passengers for some reasons.

She gives them her booking reference and they say payment hasnt been made.

I call customer care and after several hours now they tell me they have now confirmed payment.

I want a refund and its a shame that it takes an airline 24 hours to confirm an online payment.

Confirm if the ticket is refundable

Call Customer service again to ask for you refund, give them your ticket/payment reference

olas2u:
Manufacturing is not good in Nigeria,I have tried it before and it was hell,electricity, exchange rate ,double taxation ,state government,local government,theieves in the factory stealing what is produced.It will lead to short life span.

Real estate is the bomb,The population of Nigeria is excepted to double o 300million,so the the humans will need a place and schools etc.

Op said next 10years

Manufacturing would be massive! With electricity improving and Medium income earners following, more companies will expand
FMGC especially- Logistics and Supply Chain Management skills will be very useful

Healthcare Management will also be good, _{the health insurance blah blah is still good on paper but I think it need a massive injection into national discourse, there are a lot of discussions in the papers but people on the ground are very ignorant of what the heck it is all about}

ICT especially Security ,Database and Networks

Housing/Real Estate? What skill set? or you are talking about investment opportunities?

kini scores ?

latest?

Goood. I know OB Formula team well well

Did they visit or they designed a car to showcase?


This is good, hopefully the design a prototype and perhaps start with a Formula Africa, competing against other universities in Nigeria

or even do the solar car races!!

wont there be an oversupply if you speed up the process so to speak of the new 500

I think its okay to just allow them grow at the duration,

then again I don't know where or who you are supplying to, You should start selling the current eggs before you over invest


#justsaying o

astronp8:
Thank you faakay. Vicjustice and 27naira - thanks for your input. I know personally I will not ask if it was US, (don't know why exactly). I will accept, as you adviced. But I will keep my return flight TFare handy. If am not impressed, I will return back (Become a King in hell than a slave in Heaven)

Thanks again.

I'd advice you to visit for an extended period, look around meet others
even a short period will be okay as long as you are going with genuine papers

you are into ICT as in you are employed already or interested in a career within that field?