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Politics / Financial Discipline: Making Every Naira Count By Kemi Adeosun Finance Minister by em6280: 2:50pm On Mar 11, 2016
Discipline... it is all in the detail.

Economists have long found Nigeria to be something of a conundrum. The macro picture has always appeared compelling - large population, oil reserves, mineral reserves, endless tracts of arable land, land and sea borders for regional domination.

Indeed the absurdity of our underperformance is only surpassed by our ability to accurately quantify our losses and missed opportunities. In the short period that I have been privileged to serve as Minister of Finance, I have observed that even the most basic systems and controls over the management of our resources are in dire need of strengthening. While we are regaled with and shocked by details of amounts stolen, diverted or wasted, we must face the cold reality that such acts are facilitated by weaknesses in our systems. Even if we successfully prosecute and jail every looter, ghost worker and other economic saboteur, there is every risk that those caught will only be replaced by persons who are just as bad, or worse - unless we radically strengthen our systems and institutions.

Our President’s brave and committed fight against corruption and waste is as much an economic crusade as it is a moral one. The objective is not just to stem the corruption and loss but to execute an economic plan to channel those monies into much needed areas that will support and reposition the economy. In short, the fight against corruption is not about “retribution” and meting out punishment, it is about releasing funds for our economy. I am humbled to be part of the ongoing work on recovery and can report that the urgency in the work, especially our interface with nations where our money has been stashed, is propelled by our need for funds to invest into our economy.

Our economic plans are not about austerity and frugality; if that were the case then we would not be attempting an expansionary budget. We could have pursued fiscal consolidation and maintained 2015 budget size, and then introduced severe public spending cuts to balance the books by laying off workers and cutting projects. Had we done so, we would by now be the darling of the IMF and other multi-laterals.

Conversely, we are undertaking an ambitious counter cyclical strategy to stimulate our sluggish economy and expanding government spending with a focus on infrastructure, the true catalyst for economic growth. This will have contractors returning to site and re-engaging workers, it will see new projects commencing, arrears released and economic activity reinvigorated across the nation. We plan to take advantage of low global prices for commodities and contract prices. Existing contracts are being renegotiated downwards, with significant savings recorded and new projects priced to reflect current commercial realities. Our spending stimulus is private sector driven, supported by a robust procurement system that will see permanent local capacity built in a number of sectors including oil and gas, housing construction and agriculture. However, and this is the key differentiator, we plan to spend in a disciplined manner that will extract the maximum value for every naira spent.

The process of building the internal control framework to support this need for disciplined spending has begun in earnest. Our Efficiency Unit has reviewed four years of detailed expenditure data to identify trends and is already negotiating volume discounts that appropriately reflect the buying power of government. Personnel remains our largest cost. In addition to the BVN driven cleaning of our payrolls that has so far removed 23,000 fraudulent entries, we have initiated significantly stronger controls over our payroll. These efforts will exert a constant downward pressure on personnel costs until such a time as we have assurance that every payment is accurate and valid. A similar process is now commencing in Pensions. The N160 Billion spent monthly on personnel and pensions related costs demands this as an absolute minimum.

The revenue focus is non oil. We are revisiting historical decisions that are no longer in the best interests of the national economy. The establishment of various Boards and Parastatals to undertake the operational and revenue generating business of government was a well-intentioned attempt to provide separation from policy makers. However, as the economy has grown, so too has the revenue earned in these agencies and their financial autonomy has grown in a manner that no longer fully serves the public interest. Port charges, maritime charges, airport landing fees, visa charges, passport charges, telecoms license fees, among many others, must be tracked and accounted for. While the Fiscal Responsibility Act was designed to provide control, actual compliance has been poor. The result has been leakage on a staggering scale, as findings from our ongoing audits suggest. This is a serious issue. The upside is a significant revenue opportunity which the TSA implementation has given us sight of, and which we are supporting with a proactive drive for improved accountability.

At the same time, our traditional revenue sources are being supported to be more effective. In Customs, we are making the necessary investments in container scanners and other equipment required to improve collection efficiency. This is combined with the results of a compensation survey which will see the introduction of performance related pay, to reduce corruption and create an alignment of interest that will enhance revenue generation. With FIRS there is a well-defined plan to enhance compliance by widening the tax net. Using data to drive tax compliance, we will ensure that the tax regime is efficiently administered and that everyone pays their fair share.

There is a need for disciplined and effective system of managing our financial resources to ensure maximum value. We will no longer measure performance by the size of our budget or the amount disbursed; we must measure by the impact of that expenditure on the lives of Nigerians. To measure and manage this we have already made some key changes in the way funds are released. We have abandoned the old system of capital releases that funneled a proportional share of available funds released to each Ministry, Department and Agency. We have a robust system in place where funds are tied to specific outcomes as documented by each agency. This is being supported by follow up reviews to ensure implementation.

As Benjamin Disraeli once said, “We are not creatures of circumstance; we are creators of circumstance.” I am firmly convinced that Nigeria is on the right path. The path of discipline will confront some age old destructive habits. It will challenge some unwritten rules, and I personally will step on some highly placed toes on this journey. All this I am fully prepared for, and so I do not expect nor do I particularly want to be popular.

However, I will act in the best interest of all Nigerians to ensure that we build the economy that we desire and richly deserve.

This is the second of three articles by Mrs. Kemi Adeosun, Minister of Finance, Federal Republic of Nigeria.
Jobs/Vacancies / Urgent Need For A Driver by em6280: 2:41pm On Oct 22, 2015
Looking for a driver who stays around Ajah and or Lekki 4th roundabout.

Driver must be timely and responsible. If this sounds like you.

Please call 08107535988
Jobs/Vacancies / Re: JOB VACANCY by em6280: 12:44pm On Sep 20, 2015
MoltenMagma:

Una welcome o. Una go sell o.

It seems the unemployment market is booming in Nigeria. I too will open a firm, Magma and Molten Consult. I'll charge 7k for crappy CV evaluation like jobberman cheesy

Ha! Meanwhile. watch this space!
Jobs/Vacancies / Re: Freelance Sales Executive NEEDED In IBADAN by em6280: 11:41am On Jul 13, 2015
Dharniel:


am asking the same?
Box is a multifunctional device that performs the following:

- PIN Vending

- DSTV, Startimes, GoTV subscription

- Biometrics data authenthication

- WAEC/NYSC registration

- IKDC, Water Cooperation, and other utilities

- Betting 

- Lotto

- Digital airtime purchases across all telecom and SIM registration

- Chip and PIN card transaction processing

And many more can be perform on Baxi Box!

 

For more info send an email to info@25thandstaffing or call 2348029907329, 08107535988
Jobs/Vacancies / Re: Freelance Sales Executive NEEDED In IBADAN by em6280: 11:37am On Jul 13, 2015
Dharniel:


am asking the same?

Box is a multifunctional device that performs the following:

- PIN Vending

- DSTV, Startimes, GoTV subscription

- Biometrics data authenthication

- WAEC/NYSC registration

- IKDC, Water Cooperation, and other utilities

- Betting 

- Lotto

- Digital airtime purchases across all telecom and SIM registration

- Chip and PIN card transaction processing

And many more can be perform on Baxi Box!

 

For more information : call 2348029907329, 08107535988 (Mention Ibadan AD)
Jobs/Vacancies / Freelance Sales Executive NEEDED In IBADAN by em6280: 9:48am On Jul 13, 2015
A foremost IT company in Lagos is looking for Freelance Marketers in Ibadan to market and promote a muti-purpose digital device.


QUALIFICATIONS

Minimum OND
Ability to communicate clearly and effectively
Affinity for sales



A flair for sales
Great Communication skills
Minimum SSCE/OND

Send your CV to : info@25thandstaffing.com

COMMISSION - 12K per sale of the device . No Hawking. Our Field reps are responsible for demonstration of the product.

www.25thandstaffing.com

FB - 25thandstaffing
Twitter - @25thandstaffing

Business / 40 Tons Cold Room For Sale In Uyo -5.5Mil by em6280: 3:26pm On Jul 07, 2015
Cold room was used for a year and half. (with an ice section). It is located in Eket in Akwa Ibom State, so its actually good for those in Uyo and its environs. It is movable and can be transported anywhere if need be.

cost is N5.5 Million . 60KVA Gen inclusive

Serious inquires only . Call 08107535988

Business / Business Or Job Opportunity For a Foremost IT company in Lagos - Apply now on! by em6280: 7:48pm On Jun 29, 2015
We are looking for FREELANCE MARKETERS to market a multipurpose (ALL-IN-ONE) android device with a customized application built in to perform various services; for a foremost and leading IT company in Lagos.

An immediate employment should you have the following skill set:

A flair for sales
Great Communication skills
Minimum SSCE/OND


Send your CV to : info@25thandstaffing.com

COMMISSION - 12K per sale of the device . No Hawking. Our Field reps are responsible for demonstration of the product.

www.25thandstaffing.com

FB - 25thandstaffing
Twitter - @25thandstaffing
Jobs/Vacancies / Re: Post Entry Level/Industrial Trainee Jobs Here For Those Without Experience by em6280: 6:51pm On Jun 29, 2015
Are you looking for a great business opportunity? Then this is the opportunity! No experience needed!

About 100 people are invited to attend a free digital training at :

Venue: 37, Ajao Osolo Way, Opposite Domino Supermarket, Ajao Estate, by 7 and 8 bus stop, Airport Road.


Testimonials of those that attended today:

1. The device will increased foot traffic at Customer's Location which creates awareness for other goods and services of the agent

2. Increased sales income generating capacity of agents or shops

3. Ability to satisfy customers in more ways by selling a wide range of products

4. Agents can increase their income through juicy commissions that are paid instantly.

5. It offers a safe and transparent platform so you can track performance

6. It doesn't give room for idleness in your business

7. The only draw back is that we wont have the platform to show prospective customers, though the company have made field sales people
responsible for showcasing the device

To prove this testimony is real you will meet them tomorrow.

To our surprise most of the people that attended the training today were working people. Some Marketing Experience needed

Date: Tuesday 30th, June, 2015

Time: 9am prompt

Light refreshments will be served!

Do you have flair for sales, then don't miss it!

Call: 08029907329, 08107535988 for more INFORMATION

www.shpats.com
Jobs/Vacancies / Re: Post Entry Level/Industrial Trainee Jobs Here For Those Without Experience by em6280: 6:08pm On Jun 15, 2015
A leading IT firm in Lagos needs Key Distributor Representatives for a bespoke device that performs the functions below:

1. Cable TV products and services eg Multichoice DSTV, GoTV and hardware, CONSAT, STARTIMES, and MONTAGE Subscriptions and hardware.

2. Digital Distributions and sales of Educational products and services eg WAEC, JAMB, NECO and NYSC

3. Digital Distributions and sales of Utility bills eg IKDC, EKDC, IBDC etc

4. Digital Airtime purchases across all TELCOs and SIM registration

5. Digital Distributions and sales of Betting products and LOTTO

6. Biometrics data authentication

7. CHIP and PIN card transaction processing and much more.

Qualifications and Skills:

. Minimum of HND in any relevant field
. Problem-solving; ability to determine solutions for customers (consultative sales approach).
. Must be results-oriented
. Must be able to work both independently and within a team environment.
. Must possess excellent verbal and written communication skills.

Experience: Must possess 2 years of experience in Sales of Product

Region: Lagos

How to Apply:
Send CV to info@shpats.com on or before friday 19th June, 2015. Interviews held this week
Fashion / Hair - Hot or straightening Comb In Lagos? by em6280: 6:56pm On Jun 07, 2015
Hello Everyone !

I wear my hair straight though i am a natural. Does anyone know of any salon or hairdresser who uses a hot-comb in Lagos?

Please advise....
Jobs/Vacancies / Accountant Needed - Vacancy Closed by em6280: 4:12pm On Nov 13, 2014
Our client in the telecom arena is seeking an Accountant.

The Client requires the following :

Accountant with at least 2yrs experience. Must be certified (Acca)or about to be. Very smart and sharp. A lady preferably. Other duties are just account related .

Salary: 150- 200k monthly

Please send your resume or CV to info@shpat.com
Jobs/Vacancies / Communications And Marketing Manager (female)   Location Ibadan, Oyo State by em6280: 12:24pm On Nov 13, 2014
**URGENT NEED***
One of the international affiliates among the network of Advans MFIs in 9 different countries, Advans Nigeria was established to make loans and other financial services available to small businesses in Nigeria, therefore encouraging growth of the MSME sector.

Title
Communications and Marketing Manager (Female)
 
Location
Ibadan, Oyo State
 
Job Summary
The Marketing and communications manager will coordinate the advertising and public relations activities for Advans Nigeria (Lafayette Microfinance Bank). As a communications professional he will create and manage compelling communications content and help drive marketing communications initiatives for Lafayette Microfinance bank financial services, products and programs.
The Marketing & Communications Manager will also be responsible for writing and developing marketing communications across a wide variety of platforms such as social media management and marketing, blogs, contributed content, web videos, presentations, as well as traditional marketing and PR functions such as flyers, brochures and press releases. This is a hands-on position that requires proven project management, holistic communications, campaign development and writing skills of the highest quality.
Duties
1. Development and refinement of marketing goals, pricing strategies, promotional activities and branding in consultation with marketing staff and clients.
2. Direct market analysis and research to identify trends and opportunities in the industry.
3. Collaborates in the planning, development, execution and measurement of multi-channel marketing communications, social media strategies, and public relations campaigns and content.
4. Works independently and in collaboration with third parties and internal resources to create, write and implement a variety of compelling marketing communications, public relations, and social media content relevant to the firm’s external and internal target audiences.
5. Works to: help ensure public relations initiatives are being executed according to plans; develop and coordinate approvals for news releases, talking points, briefing sheets, and contributed content; and support crisis communications planning and response.
6. Assists in developing and managing marketing communications, public relations, and social media calendars.
7. Collaborates, develops, and executes multi-channel social media strategies and measurement techniques to grow Lfayette Microfinance Bank presence.
8. Stays current on industry trends, competitors and overall marketing communications, public relations, and social media best practices in order to recommend and execute new and effective programs, as well as internal process improvements.
9. Direct the creation of internal communications, press releases and speeches given by Lafayette MFB executives, as well as Web or social media presence.
10. Perform other marketing and communications assignments as required.
Desired Skills and Experience
1. Bachelor's degree in Business, Marketing, Communications or Public Relations and a minimum of 5+ years in professional B2B or B2C marketing and marketing communications experience.
2.Previous experience and good industry knowledge in Financial services, FMCG or telecoms sector
3. Demonstrated creativity to understand consumers, how they are influenced, how to trigger behavior change, how to drive purchase and how to drive engagement through actionable communications content and programs. 
4. Exceptional command of written and spoken English, and demonstrated proficiency in writing concise and compelling copy.
5. Experience in advertising agencies, media planning, digital and social media agencies is a plus.
6. Strong knowledge and experience with Microsoft Office Suite (Outlook, Word, Excel, PowerPoint), analytical reporting (Google Analytics) and social media/blogging platforms (Facebook, Twitter, LinkedIn, YouTube, Google+, etc.). Understanding of and experience with leveraging social media management and analytics tools.

7. Marketing communications, public relations, and social media industry knowledge and interest, as well as proven skills and initiative to stay current with the latest trends.

If you qualify. Please send your resume/CV to: info@shpats.com

Salary 200-500k monthly DOE
Jobs/Vacancies / Powerpoint Guru - Vacancy Closed by em6280: 9:32am On Aug 18, 2014
We are looking for someone who could write really good presentations.


*Must have good Grammar
*Good sentence structure
*Creative thinker


We will provide some of the material and verbiage. Light research is needed for the rest of the project.

Email :emem6280@yahoo.com for sample presentation, more info and fee for service provided.
Autos / Re: 1995 C220 For Sale - 750K -SOLD by em6280: 6:22am On Jul 18, 2014
Available
Autos / 1995 C220 For Sale - 750K -SOLD by em6280: 11:12pm On Jul 15, 2014
1995 c220 - Clean, AC, well maintained
American Specs


Call or text for viewing 08135344362

Autos / Re: 2006 Range Rover (Sport HSE) For 4mil Slightly Negotiable by em6280: 9:10am On Dec 02, 2013
Good morning nairalanders! this car still available for viewing.
Autos / Re: 2006 Range Rover (Sport HSE) For 4mil Slightly Negotiable by em6280: 12:17pm On Nov 29, 2013
Its Friday and the ride is your for the taking.. !! Happy Friday!
Autos / Re: 2006 Range Rover (Sport HSE) For 4mil Slightly Negotiable by em6280: 12:03pm On Nov 23, 2013
Good saturday morning!!! still available!
Technology Market / Re: Brand New PS4 For Sale (125k) - SOLD by em6280: 12:02pm On Nov 23, 2013
Its almost a month before Christmas.. PS4 is certainly a nice gift
Technology Market / Brand New PS4 For Sale (125k) - SOLD by em6280: 9:55am On Nov 22, 2013
Good for xmas buy/gift.


**Please call/text 08135344362/08154777890 or 08107535988 ****
Autos / Re: 2006 Range Rover (Sport HSE) For 4mil Slightly Negotiable by em6280: 9:47am On Nov 22, 2013
The weekend is upon us... and the car is still available for viewing.
Autos / Re: 2006 Range Rover (Sport HSE) For 4mil Slightly Negotiable by em6280: 4:06pm On Nov 21, 2013
Almost friday...set an appointment to view the car. Its still available.
Autos / Re: 2006 Range Rover (Sport HSE) For 4mil Slightly Negotiable by em6280: 8:30am On Nov 20, 2013
This wonderful machinery is still up for grabs!
Autos / Re: 2006 Range Rover (Sport HSE) For 4mil Slightly Negotiable by em6280: 9:26am On Nov 15, 2013
Beautiful ride. It's Friday. Pls come and check it out. Call or text the above number for viewing.
Autos / Re: 2006 Range Rover (Sport HSE) For 4mil Slightly Negotiable by em6280: 10:44am On Nov 13, 2013
Morning! This car is still up for grabs.

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