₦airaland Forum

I wonder what all these 10k and 5k conditional cash transfer or whatever is for. Is this how to build the economy, improve security and create jobs?

Nigerian yoot and the endorsement of stupidity as always. Educated illiterates who cannot think.

So campaigns are no longer about the PEOPLE but about visits to a few important personalities

I know sh*t is about to go down but this will not continue for long. That's for sure!

Hmm.. Yet humans as small as we are have been able to tame and rule over them all. No be by size

BarristerAlarig:
THE STORY OF A NIGERIAN MANUFACTURER

I run a manufacturing business and a trading business. 
The biggest challenge in my manufacturing business is not power, or infrastructure, the biggest challenge is getting honest staff. Everyone we hire is appears to be on a mission to steal as much as possible. Inflated invoices, recording less than the actual number of units produced. The worst part of it all is that all the fraud we've uncovered is not done by a single person, it's usually many staff who collude with each other, from production, to sales, to finance, even top management. There was a year I overhauled management 3 times in a year. But I've found a solution sha, I now use Indian management. So competent, so honest and so straightforward. I thought they were expensive at first with all the visa fees, accommodation, house staff, but now that losses due to staff theft have been reduced to a minimum, and efficiency increased, the Indian management has turned out to be cheaper than the previous Nigerian management. Now, all sensitive positions involving money go to Indians. Nigerians are only allowed in non-sensitive positions. I used to criticize companies like Dangote Group that hire so many Indians when there are many unemployed Nigerians, but now, I understand their decision. 

My biggest challenge in the trading business is the same, getting honest staff. The form of trading occurs in the open market, and involves staff having access to huge sums of money running into a few millions. I know how much I pay to security companies to provide escorts for the staff, not to prevent robbery, but to ensure that the staff go straight to the bank to deposit the money after the day's sales and not disappear with my money. This money spent on security companies is even enough to be declared as profit. We have to spend on CCTV, biometric scanners and other things that wouldn't not be needed if staff weren't looking for the slightest opportunity to steal. 

It got so bad at a point that my main criteria for employing staff was no longer competency but honesty. At least, competency and skills can be learnt, but once you're dishonest, you're dishonest. 

We always complain of the economy and how they are no jobs. I know people abroad who would have loved to set up job creating businesses in Nigeria but they can't because they can't get any trustworthy person to run it. 

I know people in Nigeria with so much money, they want to start factories and other job-creating businesses but they can't because they are occupied elsewhere and can't get any trustworthy person to run the business. So instead of investing in the real sector and creating jobs, they'll just buy treasury bills, while the thieves are shouting no jobs. 

Many big businesses would have been born in Nigeria if we could engage in partnerships, but we cant because you can't trust anyone. This is one advantage the Indians and Lebanese have over us in Nigeria. They can pull resources together and do mega-business, unlike Nigerians that because only one person must do everything since we can't partner, end up with small, tiny businesses. 

Start a poultry and they will be stealing your eggs. Some will even go
ahead to be killing the chickens so that they'll be allowed to take them home.

Start an entertainment/viewing/game center and they'll be pocketing
your money. On the days you're around at the business, the money
realized will be x10 of the money realized when you're not around.
Because they're eating your money.

Lease out a vehicle to a driver to use and watch as he'll finish you.

Start a restaurant, the same thing will happen. More than half of the
total food ingredients will end up in their personal kitchens.

Even ordinary provisions shop, they will find a way to steal.

You'll see them with that their evil, wicked saying "na where person dey work, na there e dey chop, na e make dem dey callam workchop/workshop"...... Just imagine, justifying theft at work. 

And you'll see these people point their crooked fingers at politicians when they're not any different. I usually say the reason most Nigerians haven't stolen billions of government money, is simply lack of opportunity.

Nigerians are the problem of Nigeria.

Well written bro. This is "1000%" true and it's so unfortunate..

This touched me to the bone marrow! Just imagine what people are going through and imagine the pain of being falsely accused with image tarnished! Some people are worse than the devil himself!

Anyone who falsely accuses another knowingly is cursed forever and if anyone I know tries to do that to anyone I'll cut him or her off forever and ever! Evil subhumans all over the place

IAMBlesssed:
Its obvious your brain has been microwaved and obviously your parents didn't train you properly if not you will learn to mind your business and not curse random people online.
First I didn't qoute you. When you get home tell your mother and grandmother they are both cursed soul...Animallll

lool

Damn! Chelsea is no match for Liverpool

They are being played like kids

Hahahaha my stomach oh

You go fear speech naaa

Is this how to punish law breakers and highway killers?

What happens when the cows they are given finishes

This country!!!!

JAMO84:
Those who created the NDDC from the Poverty Development Party intentionally set it up like a ponzi scheme. They never really intend to develop the region through the commission but to steal as much money as they can.

Like every single one of their mess, Buhari will have to clean this one too.




I AM DONE TALKING

You need to stop talking and making a mockery of yourself. You started a bit okay but your last paragraph is absolute balderdash and shameless.

QueenMelinda:
I have noticed most women who do this evil act are usually igbos.

Everything for you guys is now to be seen from a primitive prism of tribalism. Don't you think you guys are actually becoming insane

nedekid:
Lol

That local mumu na clown of the year

Give him a little dose of his own medicine and he runs to call mummy and daddy

heckymaicon:
Simplyleo if you're reading this please stop being useless. Get a life bruv, you're older than Yusuf.

Why are you giving attention to psychiatric patients

There's no discrimination on the internet. What you give is what you get. The efforts you put in determines the results you get whether man or woman. You can ask Linda Ikeji or Stella Dimokokorkus if in doubt.

You guys should keep electing anyhow people and expect miracles.

Common sense is not common.

Chanchit:
I hope you have read what your brothers have been typing before you begin to see God.

If you depend on what people type here to be happy then I really pity you. Mean forums like these are not for emotional people.

You should understand this unless you are a kid. Nairaland hosts lots of really silly people across the country and you should not take things here to heart. Smh

Chanchit:
I need not talk about the ipobs here. They are forever damned already.

You are NOT God!

I repeat, you are NOT God!!

You are mere flesh and blood, stop feeling important.

You lots should grow up and purge your souls of HATE. It's disgusting!

jazinogold:
Congratulations to Liverpool!

Liverpool needs to pay Chelsea tithe for handing them the title without kicking the ball tonight

Click LIKE if you are happy LIVERPOOL won the English Premier League Title........Otherwise click SHARE.

Chelsea fans and chest beating.. They still would have won it without chelsea win tonight. The gap they have over man city is much.

sofiscatedmoron:
Afonja and crime, is like 5 and, 6,,
Im always extra careful when my business involves Afonja ,
Afonja people always give Nigeria a bad reputation outside Nigeria,,,
Just look at, how will dubai see us now,,
I spit on Afonja,,,

Ha no need for this.. Even if others are being "tribalistic" show them maturity. Crime is not a tribe thing.

Lumens247:
I never countered any of these 3 points raised. Well paying banks retain the best talents and it is evident in their annual returns. Minimum wage setting is the duty of the govt (how much does govt pay its level 8 graduates?) and commercial banks pay all their staff above the recommended minimum wage.

Contract staffs who bring good business usually get better offers or get poached by other organizations. Knowing how to project your self to the organisation and ensuring no one appropriates what you laboured for is part of being smart.

I always tell contract staffs to see the job as a bridge. Once you settle and start building your future and family on it, you are creating issues for yourself. I have recruited contract staffs and I have mentored many of them into becoming core staff through conversion exercises. Some have moved to other institutions. The last one who worked with me in in Canada and doing very well. We talk on weekly basis.

Protecting the weak is part if emotional intelligence. If you make your contract staff feel like second class staff, their productivity will dip. That people do it doesnt make it right. My institution has a whistle blowing policy. Jerk behavior has sacked many managers. I cannot increase their pay but I help them grow competencies required to excel.

That it is most likely that You are earning more than Me makes Me laugh. What do you know about me?? I wonder how you came up with that. Chest beating Moreover, how is that related to this discussion It is a faceless forum anyway.

I had to chip that in so you don't think I'm a contract staff hence my defense of them. You Nigerians have a funny way of thinking.

You don't have to be in their shoes to feel their pain.

Lumens247:
I am not defending the bank chief. I am only saying every employer is out there to make money. They will surely pay you less than the full value you contribute. The profit banks declare is for their shareholders, not for the staff! Only few do profit sharing and bonus packages. As it is in Nigeria, so it is else where. Once the banks pay above the minimum wage....no problem. What is the minimum wage in Nigeria??

Contract staff are to open accounts, do tellering, pick calls in call centers, chase some deposits, perform support roles basically. The core of the bank's profit comes from loan creation, FX sales, trade services and ebusiness. Most of these are not directly handled by the contract staff.

Also the big accounts that generate the deposits and take the loans from which the money is made are not handled by the contract staff.

Contract staff basically handle non sensitive roles and all their activities are monitored by the core staff.

Businesses, banks, multinationals are cutting their costs because these are austere times. This is happening all over the world. If you cannot create your own business, then be ready to face same anywhere you are.

If you wanna work as a core staff, wait till the bank wants to recruit full staff, apply and run through the selection process. I know many contract staffs. Some earning above the regular guys because they are more of consultants and several others who are using the job as a bridge between today and tomorrow.

Well, there is dignity of Labour where I work.

I'm speaking from a position of pity for these people, the direct victims of a failed system. I can as well pretend and mind my business like most of you do but no, I prefer to bare my mind. Most likely I earn far more than you but that doesn't mean I don't feel their pain. That's the difference between both of us.

A few points though :

* Banks declare huge profits for their shareholders but does that mean they can not do better for their helpless contract staff? It's just greed and wickedness. They are taking advantage of a failed system. If proper laws are in place to protect workers and shore up minimum living wages to reasonable levels they will still work fine and declare huge profits for their shareholders.

* Some contract staff involved in marketing have been known to bring big businesses. In some cases these businesses are hijacked from them to meet the targets of main staff. Not all contract staff are involved in operations. They are however mostly treated as second class staff. The weak has to be protected. That is what makes us human.

* Cutting cost is normal in every organization, but this menace of contract staffing with graduates has to stop. It is demeaning and inhuman. Greedy slave labourers are taking advantage of the whole situation. Stuff that can't happen in saner climes - this is the point. There is a line that should not be crossed when it comes to humans. If you can't pay, don't hire.

Lumens247:
Those contract staff in other countries have skills, expertise and experiences that are above those of the regular staff. If you do not contribute something special, no one will be dolling out money because you are a contract staff.
When you start your business, you can pay all your profit to your staff as salary o.

So why are the banks not hiring the so called professionals to do contract work in Nigeria??

Keep defending them.. This is why there is zero dignity of labour here. For your information many of these contract staff do much more and produce more direct results than the regular staff. It is just Nigerians taking advantage of government docility as usual. Even multinational companies are now taking advantage of this same lack of governance, stuff they can never do in other African countries not to talk of other parts of the world.

Keep defending them, that is what you Nigerians do best. No wonder your government sh*t on you guys everyday. Such a docile group of people eating sh*t daily for breakfast.

Sh*t going on in this country with no government. I won't advise anyone to settle for contract employment especially in a Nigerian bank. It is such a waste of years.

Everywhere else contract staff are paid over x3 of what regular staff take home due to the nature of their contracts. But in Nigeria unless you are a foreigner your fellow Nigerians will oppress you with shitty pay and make sure you rot in poverty. I just don't understand the wickedness just because there are very few options out there in a country that is just not working.

I'll advise you to focus on your online business 100%. If you really know what you are doing you'd excell before long and thank your stars for not wasting away your life in some slave employment.

PS: At the end of each quarter the same banks will declare billions of naira profit after tax so what's up with the wickedness exactly?

43

emror4u:
Item 1: 10/2 = 5 (single foot of shoe)
Item 2: 5+10+4 =19 (man + shoe + ice-cream)
Item 3: 4/2 =2 (half ice-cream)

10/2 + (19 x 2) = 43


BS: Please pay closer attention to the man, he is LOADED.

Tricky question but this is correct!

Hmm, these days one has to be extra smart not to fall victim to the machinations of these extremely greedy and self-centered people

Imagine being able to escape this hole and then one loser gets you neck deep in trouble, all for his own selfish criminal purposes. All these yahoo boys are pure criminals (no hustle in that), and no, lack of employment is never an excuse to dupe or defraud another

Rubbish

FortuneDeGreat:
Another thing, you're a pure hypocrite, you never would ever wish her the best.
It's simply a vast contrast to your real intent.
Hearts of men are evil.

Exactly brother. The heart of that guy is pure evil.

Just imagine the corrupt culture of buying and selling government jobs

And I thought by now corruption in Nigeria and its government should be a thing of the past

Rubbish hypocritical generation

Where is that BBQ guy.. food has landed oh

I wonder how dead in spirit most of you barbarians are to support the current realities in this country

Nigerians no just get strong business culture.. Not dogged enough..

Na so so foreign bailout, since the local managers are only interested in their own private pockets

Local Nairaland tribalist champions need to follow suit asap.

Pray and ask for forgiveness before calamity befalls you all