₦airaland Forum

K

K

4 EASY STEPS TO BOOST YOUR SALES

Try these four selling tips to boost your sales.

Here are 4 easy ways you can boost your sales for little or no new expense... and without making major changes in your selling process.

1. Focus on What Your Customers Really Want

Your customers really don't want your products or services. They don't even want what those products or services do for them. What they really want is to gain the specific feeling they get after buying and using your products or services.

Keep this in mind when you create web pages, sales letters and other selling presentations. Emphasize the feelings produced by using your product instead of talking about what your product is -or how it works.

Tip: Convert the benefits delivered by your product or service into vivid word pictures. Then put your prospect in the picture by dramatizing what it feels like to be enjoying those benefits.

For example, if you sell financial products, describe what it feels like to enjoy an affluent Financial Freedom life style without debt.

2. Keep Communicating With Your Previous Non-Buyers

You've heard it before - but I'll say it here again. Most prospective customers will not buy the first time they see or hear about your product or service. You're losing a lot of sales if you do not persistently follow up with those prospects.

Your follow up procedure can be as simple as periodically contacting them with a new offer. Or it can be more complex like distributing a newsletter or providing updated product information.

Tip: You cannot follow up with prospects if you don't know how to reach them. Set up a system for collecting the names and contact information of all prospects who do not buy from you.

Example, offer a special report, a list of sources or some other valuable information your prospects cannot get anywhere else. Deliver it only by email or postal mail so you can get their contact address.

3. Encourage Questions

Questions from prospects may be a nuisance. But answering them can be very profitable.

Prospective customers only take time to ask questions when they have a high level of interest in your product or service. Providing a satisfactory answer to a prospect's question often leads directly to a sale.

Invite prospects to ask questions when in live selling situations. And make it easy for them to ask questions when they are not ...such as at your web site. For example, list a phone number or email address where you or someone else can answer their questions.

Tip: Include a Questions and Answers page on your web site with answers to frequently asked questions. It will reduce the number of questions you have to answer individually.

4. Make Buying Easier

Every non-essential action in the buying process is an opportunity for the customer to reverse their decision... causing you to lose the sale.

Look for ways you can make your buying procedure easier and faster. For example, many marketers use a multi-step shopping cart to get online orders when a simple online order form would do the job with just 1 or 2 quick clicks.

Tip: Don't ask for unnecessary information during the ordering process. Instead, send a personalized "thank you" message after the sale and include a brief request for the information.

These 4 selling tactics may not be new to you. But are you using all (or any) of them? If not, they can easily boost your sales ...for little or no new expense - and without making major changes in your sales process.

What Tip(s) Do You Know Or Use That Can Easily Help One To Boost Sales? Comment Below

If This Post is Helpful,Kindly LIKE N SHARE it with Your Friends!

Not All Readers Are Learders But All Leaders Are Readers! Are You A Leader? Keep Leading By Reading and Learning From The Masters In Your Niche.

To your Online Success!
-John Taiwo
(CEO Young Infopreneurs Corporation)

Cc:lalasticlala, Seun, puskin, dominique, naijacutee, FOD, Mynd44, OAM4J

K

K

K

Lol

Nigeria’s president Buhari has trumpeted his intentions to improve the ease of doing business in Africa’s largest economy. But data—and reality—show that not much progress has been made.

The World Bank Doing Business 2017 report shows Nigeria still ranked among the worst countries to do business. The report does indicate some progress was made with regard to starting a business and strengthening access to credit. Thanks to improved government portals, businesses can now register and begin operations in 25 days. But with 190 countries analyzed this year, Nigeria is ranked 169—same as last year when 189 countries were analyzed.

Nigeria’s government has spun this as its efforts, “slowly but gradually yielding some dividends” as Nigeria’s ranking remains “static” thereby “halting a falling trend in the past several years.”

The report ranks 190 countries across ten areas of business. Nigeria ranked in the top of half in only two areas—getting credit and protecting minority investors.

The reality for businesses and investors in Nigeria over the past year has been particularly difficult. Reduced government earnings, occasioned by low oil prices, have resulted in tight currency controls which have, in turn, triggered a lingering dollar shortage affecting many businesses which rely on foreign exchange to import raw materials and finished products. The currency policy has been held up by investors as the highlight of the difficulties of doing business in Nigeria.

Rather than be determined by economic realities, Nigeria’s most important economic policy in the past year was seemingly decided on the populist whims of the president without regard for the economy or businesses. For investors, the message was simple: the Central Bank was not in charge of deciding economic policy. After months of stubbornly hanging on, Nigeria finally let go of the tight currency controls. But not before damage had been done: investors are pulling out of Nigeria amid its first recession in decades.

If investors needed clues about how they might fare in Nigeria, the recent troubles of MTN, one of Nigeria’s largest investors paints a grim picture. Fresh off settling a sim card dispute for a $1.7 billion fine, the country’s biggest telecoms operator is now faced with allegations from lawmakers of illegally repatriating $14 billion. Lawmakers claim MTN did not follow due process, in this case, an administrative procedure of obtaining a Certificate of Capital Importation (CCI) from the Central Bank. But the company has denied these claims.

Nonso Obikili, policy associate at Economic Research Southern Africa, says MTN’s issues are emblematic of the difficulties of operating in Nigeria. “It highlights what is perhaps the most serious problem with regards to doing business in Nigeria: there is no protection for private property-less so if you are a foreign company,” he says. “At every corner there is something or someone looking to extract rents.”

With Nigeria facing a cash crunch and running a budget deficit, like Obikili, many will see the probe of one of the country’s biggest investors as a shakedown. MTN is not a sole target either. Nigerian lawmakers are discussing a bill to impose a 9% communications service tax on service providers for phone calls, texts, internet data and cable television.

“The message to investors, both domestic and foreign, is that if you get successful enough someone will come after you to extract rent and you will have no protection,” Obikili says. “The expected reaction to that is to not start business at all.”

Source:www.vanguardngr.com/2016/10/nigerias-unending-forex-crisis-hurting-business/

Cc:lalasticlala, Seun, puskin, dominique, naijacutee, FOD, Mynd44, OAM4J

K

K

K

K

.

K

K

•World Bank report on Nigeria’s reforms excites FG

The Senate has approved a bill seeking to end all forms of business monopolies in Nigeria and promote trade competition in the 36 states of the federation.
The upper legislative chamber, therefore, approved scrapping of the Consumer Protection Council (CPC) and ratified its replacement with the Federal Competition and Consumer Protection Commission.

Passing the bill sponsored by Senator Andy Uba (PDP, Anambra South), yesterday, through a second reading, the Senate directed its Committee on Trade and Investment to conclude all legislative work on the issue and report back within four weeks.

The Federal Government, meanwhile, is ecstatic that it’s reforms for instituting a vibrant business environment may have started yielding dividends, as Nigeria’s ranking in the World Bank’s Ease of Doing Business remains static, halting a falling trend in the past years.

A statement signed by Laolu Akande, Senior Special Assistant to Vice President Yemi Osinbajo, yesterday, said the latest 2017 report released Tuesday, October 25, and which ranked Nigeria 169 out of 189 countries was good indication that the focus and tenacity of President Buhari to reposition the nation’s business and economic environment was working.

While Nigeria’s position remained the same last year on the index ranking, it has recorded confident outlooks in four critical areas namely: Starting a Business, Dealing with Construction Permits, Registering Property and Access to Credit.

The Senate believed promotion of business competition would be achieved by provisions of the bill, which would “control existing monopolies, discourage the abuse of dominant market position, and other restrictive trade and business practices.”

The proposal is part of Reform Bills, highlighted by the 8th Senate at the inaugural National Assembly Business Environment Roundtable in March 2016.
Leading the debate on principles of the bill, Uba said its essence was to promote: a balanced development of the Nigerian economy; welfare and interests of consumers, providing them with competitive price and product choices; competition and enhanced economic efficiency in production, trade and commerce; expansion of opportunities for domestic enterprises, to participate in world markets; ability of small and medium enterprises to compete effectively; and restriction of business practices which prevent or distort competition or constitute abuse of a dominant position of market power in Nigeria.”

Uba said the bill was initiated because “It is necessary to ensure through legislation that monopolistic enterprises in our country do not take undue advantage of and hurt consumers at will.”

The issue of resale price maintenance is critical in every market, and because it is well known that Nigeria is the largest market in Africa, it is crucial to ensure we do not allow our country to become a dumping ground for inferior products or be seen as promoting unfair trade practices.”

According to the bill, it is unlawful for any two or more enterprises that are suppliers of products to enter into or carry out any agreement where they “withhold supplies of products from dealers (whether parties to the agreement or not) who resell or have resold products in breach of any condition as to the price at which those goods may be resold; refuse to supply products to such dealers except on terms and conditions, which are less favourable than those applicable to other dealers carrying on business is similar circumstances.”

Source:http://m.guardian.ng/news/senate-approves-bill-to-end-business-monopolies/

Cc:lalasticlala, Seun, puskin, dominique, naijacutee, FOD, Mynd44, OAM4J

K

Wey lalasticlala ?

By Marie-Therese Nanlong.

Jos – Nigerians have been urged to see the current recession in the country as an opportunity to engage in small businesses and entrepreneurs engaging in small businesses in Plateau State encouraged to expand the scope of their businesses as they have the potentials to shore up opportunities for growth of the business sector and take the country out of the current recession.

The Representative of the Centre for International Private Enterprise, CIPE, Mr. Haroun Audu whose organization is partnering with the Plateau Coalition of Business and Professional Associations, PLACOBA to create enabling environment for small businesses to thrive in the State expressed the view at a press briefing in Jos where he called on the media to support small businesses to grow by generating the necessary awareness and understanding required to strengthen the capacity of businesses in the country.

Speaking, Audu disclosed that CIPE is a US based organization whose primary objective is to strengthen democracy around the globe through private enterprise and market oriented reform, assisting business coalitions to develop business agenda which are important tools that allow private sector actors to collectively identify and discuss the obstacles to the development and growth of the business sector and propose potential solutions to those problems.

He also emphasized the need to hold a media workshop to enhance the capacity of professionals as partners who would engender an enduring and viable business climate and “provide solutions to the problems faced by businesses and professional associations in Nigeria.”

According to him, “Nigerians should see the recession as an opportunity to go into businesses, the media should support small businesses to grow and in view of your pivotal role in generating the necessary awareness as well as being an important plank for the continuing survival of the several medium, small and micro enterprises, there is need for media professionals to be trained so you can better appreciate the role of the media in projecting the activities of the coalition.”

Source: http://www.vanguardngr.com/2016/10/recession-nigerians-urged-engage-small-businesses/

Cc:lalasticlala, Seun, puskin, dominique, naijacutee, FOD, Mynd44, OAM4J

Africa’s biggest mobile network, MTN Group, shrugged off its Nigerian woes on Monday and strengthened 2.36 percent to close at R109.52 after the Central Bank of Nigeria instructed the country’s banks to suspend any remittance of MTN dividends until further notice.

The Nigerian bourse stance comes as authorities accused the company of illegally repatriating $14 billion (R195 billion) from the country illegally over ten years.


MTN Nigeria said yesterday that it remained committed to the payment of the 330 billion naira (about R14 billion) fine related to the late disconnection of “improperly registered” SIM cards.

The company has not declared a dividend since April and MTN Nigeria had no intention to make any dividend payments over the next six months.

The Nigerian unit continued to refute the allegation that it had improperly repatriated funds from Nigeria, with MTN Nigeria chief executive Ferdi Moolman saying: “The allegations made against MTN Nigeria are completely unfounded and without any merit.”

But in its quarterly figures for September, the company beat market expectations after it reported stronger data revenue and improved subscriber numbers yesterday. Analysts said the deepening woes in Nigeria had not harmed the company and its performance much.

The telecoms giant’s shares strengthened almost 3.2 percent to trade at R110.11 a share on the JSE yesterday as it also said it would fast-track the starting date of its new chief executive Rob Schuter who was expected to join the company in March.

Paying off

MTN group executive chairman Phuthuma Nhleko said the September results were testimony that MTN’s transformation project, which initially focused on its key markets Nigeria and South Africa, with hard targets set for the next 12, 18 and 24 months, would pay off.

“Operations are expected to deliver the first results on clearly defined targets in the first half of 2017,” Nhleko said.

Nhleko also said that despite a difficult environment due to weaker macro-economic conditions, particularly in oil-dependent economies, and the regulatory challenges experienced, the group would benefit from the fundamental changes implemented.

Following the hefty Nigerian fine, the company appointed senior managers, including Felleng Sekha who joined the group as executive for regulatory affairs and public this month.

Jon Tullett, the research manager at International Data Corporation, said the September quarter results were much needed good news for the troubled operator on two levels.

“Firstly, MTN’s strong performance on network is good for transitioning from voice to data. Secondly, the acceleration of new chief executive is very important, they need strong established leadership to take them forward,” he said.

MTN was slapped with the record fine for unregistered SIM cards in Nigeria last year.

The highlights for the quarter included a 3.6 percent revenue growth in its South African unit and a 2.5 percent increase in its subscriber base in Nigeria to 60.5 million quarter on quarter.

MTN also made significant network improvement across the business, particularly in the Nigerian and South African operations, as voice and data traffic increased by 1.8 percent and 142 percent respectively year on year.

Group subscribers also increased 0.9’ percent quarter on quarter, while the company had begun the repatriation of funds from MTN Irancell to MTN Group.

Sibonginkosi Nyanga, an analyst at Momentum SP Reid, said MTN had beat market expectations as many people expected the quarterly figures would be much worse.

Nyanga said the company managed to grow its base despite its ongoing woes with more subscribers in contracts in South Africa and revenue that was better than anticipated.

He said the fact the share price was higher, did not reflect that Nigerian risk had been wiped out. “The Nigerian risk is still there. As long as the risk posed by Nigeria still hangs over MTN’s head, we will not see re-rating of its share price,” he said.

Source:http://www.iol.co.za/business/companies/mtn-shrugs-of-nigerian-woes-2083306

Cc: lalasticlala, Seun, puskin, dominique, naijacutee, FOD, Mynd44, OAM4J[/quote]

Africa’s biggest mobile network, MTN Group, shrugged off its Nigerian woes on Monday and strengthened 2.36 percent to close at R109.52 after the Central Bank of Nigeria instructed the country’s banks to suspend any remittance of MTN dividends until further notice.

The Nigerian bourse stance comes as authorities accused the company of illegally repatriating $14 billion (R195 billion) from the country illegally over ten years.


MTN Nigeria said yesterday that it remained committed to the payment of the 330 billion naira (about R14 billion) fine related to the late disconnection of “improperly registered” SIM cards.

The company has not declared a dividend since April and MTN Nigeria had no intention to make any dividend payments over the next six months.

The Nigerian unit continued to refute the allegation that it had improperly repatriated funds from Nigeria, with MTN Nigeria chief executive Ferdi Moolman saying: “The allegations made against MTN Nigeria are completely unfounded and without any merit.”

But in its quarterly figures for September, the company beat market expectations after it reported stronger data revenue and improved subscriber numbers yesterday. Analysts said the deepening woes in Nigeria had not harmed the company and its performance much.

The telecoms giant’s shares strengthened almost 3.2 percent to trade at R110.11 a share on the JSE yesterday as it also said it would fast-track the starting date of its new chief executive Rob Schuter who was expected to join the company in March.

Paying off

MTN group executive chairman Phuthuma Nhleko said the September results were testimony that MTN’s transformation project, which initially focused on its key markets Nigeria and South Africa, with hard targets set for the next 12, 18 and 24 months, would pay off.

“Operations are expected to deliver the first results on clearly defined targets in the first half of 2017,” Nhleko said.

Nhleko also said that despite a difficult environment due to weaker macro-economic conditions, particularly in oil-dependent economies, and the regulatory challenges experienced, the group would benefit from the fundamental changes implemented.

Following the hefty Nigerian fine, the company appointed senior managers, including Felleng Sekha who joined the group as executive for regulatory affairs and public this month.

Jon Tullett, the research manager at International Data Corporation, said the September quarter results were much needed good news for the troubled operator on two levels.

“Firstly, MTN’s strong performance on network is good for transitioning from voice to data. Secondly, the acceleration of new chief executive is very important, they need strong established leadership to take them forward,” he said.

MTN was slapped with the record fine for unregistered SIM cards in Nigeria last year.

The highlights for the quarter included a 3.6 percent revenue growth in its South African unit and a 2.5 percent increase in its subscriber base in Nigeria to 60.5 million quarter on quarter.

MTN also made significant network improvement across the business, particularly in the Nigerian and South African operations, as voice and data traffic increased by 1.8 percent and 142 percent respectively year on year.

Group subscribers also increased 0.9’ percent quarter on quarter, while the company had begun the repatriation of funds from MTN Irancell to MTN Group.

Sibonginkosi Nyanga, an analyst at Momentum SP Reid, said MTN had beat market expectations as many people expected the quarterly figures would be much worse.

Nyanga said the company managed to grow its base despite its ongoing woes with more subscribers in contracts in South Africa and revenue that was better than anticipated.

He said the fact the share price was higher, did not reflect that Nigerian risk had been wiped out. “The Nigerian risk is still there. As long as the risk posed by Nigeria still hangs over MTN’s head, we will not see re-rating of its share price,” he said.

Source:http://www.iol.co.za/business/companies/mtn-shrugs-of-nigerian-woes-2083306

Cc: lalasticlala, Seun, puskin, dominique, naijacutee, FOD, Mynd44, OAM4J[/quote]

With the current high rate of unemployment, job losses and pressing financial needs in the country, it is not surprising that the youth are embracing questionable get rich quick schemes and opportunities.

For instance, the number of Nigerians that now patronise the popular lottery games is on the increase. Some youths are also deeply involved in sport betting through such platforms as Nairabet, Merrybet and Bet9ja, among others.

It is against this backdrop that the MMM Federal Republic of Nigeria made a grand entrance into the Nigerian investment market in 2016. MMM stands for Mavrodi Mondial Moneybox and takes its name from its founders, Sergei Panteleevich Mavrodi, Vyacheslav Mavrodi, and Olga Melnikova.


The outfit was established in 1989 by these three Russian nationals, and promises its clients 30 per cent return on investment (ROI) for money put into the system for 30 days. The scheme prides itself as a mutual aid fund through which recruited members contribute money to assist others. The founders claimed they are not into banking, online business, investment company or a multi level marketing (MLM) programme. The scheme structure, however, indicates otherwise.
For instance, members can have multi-level structures under them and receive bonus from each donation of every participant in their structures.

The company has been able to persuade many Nigerians to buy into its idea. Many Nigerian big online Business coaches and entrepreneurs with vast subscriber base are encouraging their followers to key in to the MMM opportunity. Thus, some Nigerians have invested millions of Naira into this scheme and are enjoying their newfound wealth.

This reporter has seen screenshots of money many claimed to have earned from the scheme. According to one such subscriber, Babajide Abayomi, MMM ensures a level playing ground for all. And with it, people don’t have to be under the yoke of the banking system, which demands that huge interest be paid on loans. He said MMM is real and safe.

However, the question some have asked is: How long would it take to sustain the profits? Many still remember vividly the mad days of the Wonder banks in the early 2000s. Then, many lost their hard-earned money to the likes of Pennywise and such other scammers.

To really grasp the risk involved in investing in this type of scheme, a study of the founders’ backgrounds provides good insights into the viability of their outfit.

According to Wikileak, the online information library, МММ was a Russian company that perpetrated one of the world’s largest Ponzi schemes in the 1990s. By different estimates, between five and 40 million people lost up to $10b. The website said the exact figures of money lost are not known, even to the founders. The site described Sergie Mavrodi as a Russian criminal and a former deputy of the State Duma in Russia. According to it, he is the founder of the МММ series of pyramid schemes. Wikileak reported that in 2007, Mavrodi was found guilty in a Russian court of defrauding 10,000 investors out of 110m rubles ($4.3m).

Wikileak reported: “In January 2011, Mavrodi launched another pyramid scheme called MMM-2011, asking investors to buy so-called Mavro currency units. He frankly described it as a pyramid, adding, “It is a naked scheme, nothing more … People interact with each other and give each other money. For no reason!” Mavrodi said his goal for launching MMM-2011 is to destroy the current financial system, which he considers unfair, and form something new to take its place.

“In 2011 he launched a similar scheme in India, called MMM India, again stating clearly that the vehicle is a pyramid. He has also launched MMM in China. He was reported to be trying to expand his operations into Western Europe, Canada, and Latin America.

“In 2015, MMM began operating in South Africa with the same business model as MMM-2011, claiming a “30 percent per month” returns through a “social financial network.”

“The group was identified as a possible pyramid scheme by the National Consumer Commission and accounts of clients were later frozen by Capitec Bank.”

In January 2016, the Chinese government banned MMM on the ground that it is a pyramid scheme, (Ponzi scheme), and not registered in the country. Earlier this year, the scheme crashed in South Africa. MMM Global only gave South Africans the bad news with a post on its website saying: “We regret to inform you that we have to close down the Republic of Bitcoin. It was an experiment, and, unfortunately, it failed. We turned out not to be able to pay 100 percent per month.” Also recently, the scheme collapsed in Zimbabwe.


One of the victims, Mrs. Rosemary Mawonde was quoted by Breaking Times, saying: “We never thought the scheme would end this way, as we believed that by using EcoCash to do the transactions, things were in order. I am surprised that EcoCash is also distancing itself from the scheme and it is clear that I will never recover the $300 that I invested.”
What then is a Ponzi scheme? The scheme (also a Ponzi game or a Ponzi) is an investment operation, where the operator, an individual or organisation pays returns to its investors from new capital paid to the operators by new investors, rather than from profit earned through legitimate investments. Operators of Ponzi schemes usually entice new investors by offering higher returns than other investments, in the form of short-term returns that are either abnormally high or unusually consistent.

Initially, the promoter would pay out high returns to attract more investors, and to lure current investors into putting in additional money. Other investors would begin to participate, leading to a cascade effect. The “return” to the initial investors is paid out of the investments of new entrants, and not out of profits.

Often, the high returns encourage investors to leave their money in the scheme, with the result that the promoter does not have to pay out very much to investors; he simply has to send them statements showing how much they have earned. This maintains a semblance that the scheme is an investment with high returns.

The Securities and Exchange Commission has warned the public about the activities of the scheme on August 30 of this year. According to its website, SEC said: “The attention of the Securities and Exchange Commission, Nigeria (SEC) has been drawn to the activities of an online investment scheme, tagged ‘MMM Federal Republic of Nigeria (nigeria.). The platform has embarked on an aggressive online media campaign to lure the investing public to participate in what it called “mutual aid financial network” with a monthly investment return of 30 percent.

“The Commission hereby notifies the investing public that the operation of this investment scheme has no tangible business model, hence it’s a Ponzi Scheme, where returns are paid from other people’s invested sum. Also, the Commission does not register its operation.

“The general public is hereby advised to distance itself from this online scheme. Please note that anyone that subscribe to this illegal activity does so at his/her own risk.”

Managing Partner, Two-Edge Partners Global Limited, Olajide Alex-Oni said such scheme is usually targeted at the extremely poor, greedy and desperate people of the society.

He said: “The get rich quick scheme usually comes out looking so attractive to the populace, but like what is, it is robbing Peter to pay Paul!

“When a company encourages existing investors to invite other potential investors by rewarding them with money from these new comers, then what do you call that? Such a model is not sustainable and is a highly risky investment, because once the flow of investors and their funds stop flowing into the scheme, the investors will most definitely suffer unimaginable losses.”


Speaking on MMM operations, he said a number of countries around the world have banned this scheme and Nigeria should equally do the same. He said since SEC has warned Nigerians on the activity of this group, it is, therefore, illegal to invest in them, because their model is a typical pyramid scheme. He explained that the scheme was not licensed to operate in Nigeria, noting that its operations are online based, which can crash or get closed down unannounced. He said it’s designed to attract huge traffic and promises unconventional high returns on investment.
Speaking further, Alex-Oni warned: “People have to be careful of such schemes, because they claim to be foreign investor driven with amazing success stories, thus the attraction for the ignorant. The ignorant in this case are usually aware of the risk involved, but the greed in them let them take such risk with the hope to exit before the scheme crashes.

“It is also quite sad that in some extreme cases, some investors actually commit their entire life savings into these kinds of ponzi schemes. People should learn to get creative and innovative through hard work and smart thinking and start creating values and ideas that money will chase. That way, you may start small, but you will think big to grow big the proper way. A warning is enough for the wise.”

Source:http://m.guardian.ng/business-services/mmm-nigeria-ponzi-scheme-robbing-peter-to-pay-paul/

K

K

K

K

Shell Petroleum Development Company (SPDC), says it has donated N25 million to 50 youths in Ogoni, Rivers, to enable them to start businesses.

This is conveyed by Mr Joe Obari, spokesman for the company in Port Harcourt on Tuesday.

Obari said the beneficiaries graduated from its LiveWire Nigeria programme designed for youths in host communities.

Obari said that out of 60 youths who received training in business planning, management and pitching, 50 got to the final stage.

"The 50 youths who scaled through received start-up funds to enable them start businesses of their choice.

"Similarly, six youths who benefited from the programme's 2015 edition received The Young Business Leaders award for outstanding run of their businesses", he said.

The spokesman said the beneficiaries were picked from Gokana, Tai, Eleme and Khana local government areas of Rivers State.

Source: http://allafrica.com/stories/201610190066.html

Cc:lalasticlala, Seun, puskin, dominique, naijacutee, FOD, Mynd44, OAM4J

K

K

K