₦airaland Forum

dremoney:
so true,you succeeded in creating more confusion but for yourself , At this point,i demand to know your level of education and schools you dropped out from b4 goin any further ''particularly with your''(correct my grammar)lol

huh? talking about merits without fundamental structures? did u jes say ''wide constituency of stakeholders?whatever that means, how is it different to end users u diimwiit

berra go bak and start from Eco 101, yarning dust, olodo rabata

You demanding to know what school I went to? Very funny. How old are you? End-user is a subset of stakeholder. Trying to educate you is like banging ones head against the wall. You don't get it do you? If you can't have a debate without resorting to insults, it indicates social ineptitude and communication incompetence usually evident in psychopaths. Well, an im-becile will always be an im-becile even if you give him a computer with internet access.  His low intelligence quotient will always let him down and give him away. You're beyond salvation. I am ashamed of myself trying to have a debate will a nincompoop. You're henceforth ignored.

chamber2:
This your book knowledge is obviously not helping you. So if you want to construct a bridge you wont bother visiting the site? You will just stay in your air-conditioned office/boardroom and roll out useless policies you copied from textbook pages.That is why i detest Economists, they always believe all is well even when it is clear that all is not well.

There are always  fundamentals to every policy. When you put the fundamentals into place the policy sails freely.That is why we achieve little with our policies, we always neglect the fundamentals.In this case, the fundamentals are security, awareness, infrastructure etc etc

Very patronising! Someone will think that you know me from Adam. What gives you the impression that the pre-requisites of the policy have not been thought through?

Onlytruth:
Almajiri economics again at the CBN. Whatever happened to "free market economy". Now we are quasi socialist.

Please someone chase away that mallam from the CBN before he ridicules Nigeria in international circles. 

Have to always see everything  from an ethnic bigot point of view. I'm sure your opinion will be different if this policy was brought up under Soludo CBN administration.

yeswecan:
[/b]

Are you serious?  A policy that prevents free movement of capital by individuals and corporations - that impose a penalty on HUGE cash transaction is anti-capitalist in its very nature. What do you understand by socialism as an economic theory? Funny dude

Please read the original post - slowly. There is nothing in the policy that prevents free movement of cash. It does not impose penalty on cash 'huge cash transaction'. It is only trying to discourage huge transaction using physical cash and encourage huge transactions using electronic cash. Did you notice the difference mate? This will increase the volume of cash flowing through the system and reduce the volume flowing outside it. There is nothing socialist about this.

dremoney:
hahahahaha,u wan start grammar abi? stop bn puerile abeg.

Now bak to basics since you want me to ask questions,

''Exactly what is the difference between your DEFINITION of common good and ''END USERS'', make overskill no kill your monkey o

I knew that you wont see my definition of common good in my earlier post, let me rephrase it for you

“Common good”, is defined as having a positive effect on a wide constituency of stakeholders, and the system we call “society” as a whole.

common good = common benefit of all stake holders [consumers (cheaper services, reduction in risk associated with cash - robbery, mugging, kidnapping), retailers (reduction in cost of collecting and counting large cash volume, reduced cost for customers), banks (reduction in cost associated with cash infrastructure = cheaper services for the customers, increased profit for the banks), FG (reduction in the cost of printing money which can be diverted to provide other social benefits),  law enforcement agencies (increased ability to trace criminal money for more effective public safety services), new jobs to support new model, improved economic planning and forecasting ability for CBN as the volume of cash 'out there' can now be quantified - economic output can be accurately stated without plucking figures from the air, etc]

I'm sorry, I might just have succeeded in creating more confusion for you.

!rejoice:
There is nothing wrong with the policy. The missing piece is forcing people to change their attitude to cash which I believe is what Sanusi is trying to achieve.

You said there's nothing wrong with the policy, yet you concede that Sanusi is trying to force people to change their attitude.
I take it that forcing a people to change their attitude in a democratic society isn't wrong too. Or is it?

Experienced change managers will tell you that you sometimes have to use coercion if you want to achieve some kind of changes especially those related to attitude, values and culture. Left on there own, attitude, culture and value don't change. The real question is, is there discernible benefit to all stakeholder? It the benefits are genuine, I think that the use of coercion is in order.

dremoney:
You sabi book but not so much my friend or how else do i explain your GIBBERISH,

This is not about SERVICE PROVIDERS mate, end users must and only be the factor when considering such a complex policy.

Asides computer literacy level,can you point to a SINGLE internet service provider in Nigeria that is 95% reliable compared to where your moronic mentor is copying?

I have had to wait for 24hrs to have my account credited with a deposit made the previous day because their system was down all day, BankPHP to be precise.

Its common sense mahn,it wont work.it cant work.its pointless.Whoever said the bankers committee know anything about core advanced & sophisticated banking?They are a bunch of one eyed duumb asre monkeys leading blind folks.They trade on the market but cant even come up with products like derivatives to hedge risk afterall their equities are the most traded and they indirectly determine market pace.Dont even wanna hear anytin about SEC or NSE cus naija banks determine market liquidity mostly.All they do is speculative and roundtrip,deal in black market forex,invest in offshore coy's and issue loan to pathetic loosers plus a little bit of investment in property with laundered money, Bullocks

Our space satellite technology got to be up and running.Most households must have access to uninterrupted power supply with good broadband internet connection, Then we can start talking about policies like this, dudes actually more foooolish than i thot,

Oh Sanusi stewpid monkey arse foooooool,

Wrong! Common good and not end user is the only factor when talking about policy of government or a public regulatory body. The key question they'll always ask is, will it be for the common good (common benefit of all stake holders, economic viability and economic benefits, sustainable economic growth, etc)? Since you can't debate without calling names and showing what an asswipe you are, I guess that you wont be able to comprehend this. Get your head out of your a-ss and ask a simple question - what are the goals of the policy?

yeswecan:
You are a socialist. It is not worth arguing with you because this is ideological- well i believe people should be allowed freedom to do what they like so they can venture into business without fear or punishment of any sort. Why punish people for having to build a business and make daily cash transactions? why my friend.

How does my opinion make me a Socialist? Do you even understand the term 'Socialist'? How is this policy 'punish people for having to build a business and make daily cash transactions'?

!rejoice:
This is a good idea, but like many good ideas in Nigeria, its doomed to fail for lack of proper planning!
Sanusi is trying to enforce cashlessness on the Nigerian economy, yet he fails to realise that so many requirements must be met before this can work.

Let's evaluate some possible options:

1. Telephone Banking
Issues:
What's the current awareness level of the consumers? Is a 1-year period enough to bring the majority of the consumers up to speed?
Given the prolifereation of phone hacking software, do we have an existing legislation for protecting consumers against such loss or prosecution of phone hackers? Doesn't this heighten the risk (if consumers are not protected against loss) to the consumer rather than reduce it?

2. Internet Banking
Issues:
Wow! This is the real deal, but what's the current infrastructural level? How much bandwidth is available to the avergae consumer?
What is the computer literacy/internet literacy level of the average consumer? What about the RISK? Given that criminals are always 'following the money' they will be happy to move into the 'virtual playing ground' alongside the consumers, merchants and financial organisations. This is especially an attractive proposition for the criminals because we don't currently have a law that allows online criminals to be prosecuted.

3. Excessive charges
This is a NO NO! The fundamental issues must first be addressed before this can come into play. You can't just wake up in a morning and decide to do what you like! Not even if you're a CBN governor.
Also, how did they come about the NGN150,000 limit? What is the current limit? Is there a convincing proof that reducing the limit will significantly reduce the risk of robbery?

Finally, has the power issue been addressed? This may not be obvious, but if we are to go down the route of available options, a lot depends on the availability of electricity (think POS, e-banking, ATM, telephone banking). Power problem, if not addressed, will then create another layer of problem for the average consumer as s/he now needs electricity to do smthg which s/he would otherwise not have needed it for.

Think Sanusi. Think!

There is nothing wrong with this policy. I think all the required infrastructure are already in place. The missing piece is forcing people to change their attitude to cash which I believe is what Sanusi is trying to achieve.

For those shouting electricity, check out the following:

First Data launched the FD400, the first low-cost, battery-powered, wireless point-of-sale terminal using 3G wireless network technology.  For merchants who do not have constant access to both a power source and communication line, it’s awesome.

The cost of these devices is similar to what people spend on mobile phones. Also if you can use mobile phone, you can use this devices. I know one Nigerian card company that deployed services based around similar devices as far back as 2006.

Some people will be shouting impossible while others will be making a lot money by positioning themselves for the takeoff of the policy. I don't think the opinions expressed on nairaland matters in anyway. If CBN and the banks have agreed, it only needs the support of the FG and I don't see FG support being witheld.

onatisi:
do you think pdp has what it takes to win all that it has lost now in 2015 ?

Why not if ACN bleeps up and there is free and fair election? I can assure you that some of the ACN governors will Bleep up. I'm placing my bet on Oyo state in the first instance. How did I know this? The first statement of the governor elect is an indication of what he will spend the next four years doing.

Obiagu1:
You just made me have a good laugh.

A beg, list all the disadvantages too no matter how insignificant they are. I'm waiting . . .

Thank you!

Dr_Smile:
How will this work with the current epileptic power supply and snail speed internet connections in Nigeria, with which power do we operate the POS and electronic means of payments?
Imagine I want to pay my brick layers and sand suppliers in the village with no internet access, how do I do it?, GSM to GSM transfer u think, will my 50 years Old laborer understand that?

It is not rocket science to design for manufacture in China POS running run on batteries similar to mobile phones running on battery. This policy will force the ;50 years Old laborer' to have a bank account (if he doesn't have one already) and this way Sanusi will have succeeded where others have failed. Moreover every village have GSM. Ever heard about mobile banking? Moreover, you can give the labourer check to cash at the bank if he must touch money.

EPOMA:
[/b]

[b]Old boy we were taught in school advantages and disadvantages. Abeg disadvantanges nko?

Of-course there are disadvantages but I do not think that they are serious enough to constitute deal-breakers. I believe that the benefits far outweigh the dis-benefits. The only disadvantage I see is to the end user of cash who will lose the convenience and anonymity of cash and carry.  However, if all the parties I enumerated in my earlier post benefits, who will care about one 'little; inconvenience to the users of cash? The policy will work beautifully if the restriction on cash deposit is removed.

Personally, I think that this is a brilliant idea from Sanusi. However, I'll prefer that he slightly adjust the policy by not restricting the payment of cash to bank accounts in order to make it convenient for retailers who will still accumulate large volume of cash from different customers and will need to pay it into their accounts. I think that the benefit of the policy will  depend on wether you're a bank, payment processor/digital cash company, retailer, supplier/printer of money (CBN), end user of cash and law enforcement.

Advantages to the Banks

1. Reduced cost of infrastructure to support cash based society - less cash holding at branches, less cashiers to count cash, less cost of cash transport (security, bullion van, etc), less security requirements to secure large volume of cash in bank branches, etc.

2. New business opportunity in merchant accounts and commission on each transaction

3. More liquidity for banks with increase in cash passing through the banks = increased lending = increased money available to banks for trading

4. Increased accuracy of banks to evaluate credit rating of customers since a large percentage of money transactions will pass through the banks = incentives for credit financing, credit cards, etc

5. etc

Advantages to the payment processor/digital cash company

1. Increased patronage payment processor, digital wallet companies, mobile (phone) money companies = increased profitability = business growth

2. Incentive to invest in infrastructure to support cash free society

Advantages for the retailers

1. Reduced cost of infrastructure to support cash intensive operation - less cash holding at shops, less cashiers to count cash, more processing time per customer, less time spent to deposit sales proceed at banks, less cost of cash transport (security, bullion van, etc), less security requirements to secure large volume of cash in bank shops, ability to perform sales transactions involving larger volume of cash, etc.

2. New business opportunity in merchant accounts and commission on each transaction

3. Increase ability to demonstrate business potential to banks for credit financing purpose

4. etc

Advantages to the CBN

1. Reduction in the demand for cash hence reduction the the cost of printing large volume of cash

2. Increased ability to fight money laundry

Advantages to the Law Enforcement

1. Increased ability to fight money laundry and trace bribe and other crime money
2. Reduction in robbery and muggings associated cash based society - robbers will not go to peoples home because the is not a large amount of cash, kidnapping will reduce because the cash will have to be transferred to their accounts thereby defeating anonimity.

Advantages to End Users of Cash
1, Reduction in risks associated with holding large amount of cash - mugging, robbery, etc
2. Not much else.

[WilyWily:
The Wonderful nature of Yorubas, undisputed Fraudulent Tribe.

It is quite shameful that this is the only thing you've got to contribute to this thread. I do hope that you're just having a laugh with this bigotry and it is not deep-seated.

If you'll like to compare notes, I'll like to jog your memories with the following igbo names (also accused of fraud same time as Akingbola); Okey Nwosu, Francis Atuche, Sebastian Adigwe, Emmanuel Okoji, Ben Nwoji, Henry Onyemem and Ernest Duruike. I'm sure that the identity of the leading undisputed Fraudulent Tribe is clearer now.

Onlytruth:
@pluto04

Abi na president of Mars before? Ah ah?

Our list is short, that's all.

Pop pop sontin jare!

Don't get your hopes too high. You might become highly disappointed. His getting hight percentage of votes in the SE/SS might not be a good thing. Let me explain. Because GEJ will become the president of Nigeria and not just that of the SS/SE, he will play the politics of appeasement i.e try to appease the supposed hostile regions in terms of political patronage. That is the kind of politics he has been playing in the last one year. I don't see how it will now be different. To act differently will be to walk into the traps of some of his competitors and the outcome will not be pretty.

.

You guys are jokers here!  

You are making out GEJ here like he'll become president of the SS/SE and not that of Nigeria. I'm sure that he is wiser.

I dey laugh o!  

I predict that the next four years will be like the last 1 year X 4

henry101:
Care to explain.
This is wonderful,

It means that for every 100 people you meet in any of the 5 South East states, 95 will be Yoruba. Infact they have integrated so much that they all speak fluent igbo and you wont know that they are Yoruba unless they told you. This fact shocked Ken Nnamani when he was the Senate president so much that he insisted that ethnicity should not be included in the last census form. In fact, the current igbo governors are performing, that's why they have not been replaced by Yoruba governors. By 2015, all the political office holders will be replaced with Yorubas.

Alj Uche:
so you would like others to explain to u how they are claiming SE

henry for once be fair and objective.

i am sure you see no wrong with the thread title

How are you Alhaji?

You guys must be so much in love with Yoruba. I can't count how many of these silly threads have appeared in the politics section within the last one hour.

Obiagu1:
^^^

GEJ/Sambo (2011-2015)

The same ticket that won in almost Yoruba state and answerable to one Ota farmer. The last time I checked, this ticket was helped to victory also in the South east by the overwhelmingly large population of yorubas living in the South East  (95% of South East population is yoruba). So what is your point? At the end of the day it is not about the tribal affiliation of the man at the centre but how how he affects the living standard of the general populace.

Majority of the votes for GEJ in the SW came from the Igbos living there,

Do they write name and tribe of voters on ballot papers now? 

only a few Yorubas voted, others stayed at home and didn't bother to vote, because they don't have their own running for President.

I guess all the igbos staying in Yorubaland voted as well. and

The poster knows this for a fact.

Silly thread from a bigot!

aysometin:
Hello,

Thanks for your response.

First degree in Geology but my work experience has been mostly working as a Project Support staff/Administrator on Enginering Design Projects

M.Sc in Project Management is an absolute waste of resources! PRINCE2 and PMP have more value. An M.Sc in Engineering Design + PRINCE2/PMP might be more useful in your current career track (assuming you'll like to stay in the same)/ If you must choose (I don't believe you have to choose since its your money and you need to get good value for it) between M.Sc in Management and M.Sc in Project Management, M.Sc in Management will be preferred. On a final note if one school can't offer you what you want, you need to look for one that will.

AjanleKoko:
Imagine this scenario:

You were invited to interview with a multinational, a competitor with your current employers in the same industry.
They ask you to prepare a problem-solving presentation based on a supposedly fictional scenario. You oblige, and offer a few tips and tricks that you currently use on your job, all in a bid to impress. They are clearly impressed and promise to get back to you.

Suprisingly, when you do hear from them, it's a standard form letter rejection. However, a few days later, next thing you know, [b]they launch a campaign, using the very ideas you presented to them.[/b] To the letter, even using some euphemisms you coined in your presentation.

What would you do? This actually happened to a very good friend of mine.

It is quite possible that they were already working on the idea before your friend came along. It takes several weeks (not a few days) to develop and launch a new product/campaign. If I find myself in a similar position I wont do anything unless I can prove that my idea was so unique and innovative that I can prove beyond reasonable doubt in a court of law that it has been copied and potential legal remedy far outweigh the legal cost. I have made the assumption that your friend didn't present a trade secret or restricted information as this would have been highly unprofessional.

Dede1:
It is very sad day indeed. The southerners in Ivory Coast who thought Gbagbo is focal point of their problems failed to see the ominous yet underlying blunder of ceding both economic and military powers to the northerners in Ivory Coast under the direction of a mindless colonial master. It will definitely hit them as reality in few years to come. Again, Ivory Coast will cease to be a peaceful and united country. This is the first step of becoming a Nigeria.

Your submission is sadly true. Whose fault is this state of affairs? Quatarra? France? Gbagbo? or the Southern people? How could this outcome have been avoided?

Tinubu a hero of democracy? Na wa! Jarus dey fall my hand!!

I don't really know much about Buhari as a civillian politician. However, in my opinion, if democracy is government of the greedy, for the greedy and by the greedy, then Tinubu is a democrat. Ofcourse, to agree with your point, thanks to ACN, APGA, CPC, LP, Nigeria is not a one party state. However, is there any ideological difference between any of the parties? Are the main actors fundamentally different? If there is no ideological difference, then what is a one party state?

fstranger3:
I no fit shout oooooooooooooooooooooooooooo

Anyway, it seems the OP is more interested in talking about personalities, instead of Ideas.
ANPP = PDP = CPC.     .    .   I stand to be corrected!.


Until we move away from the  politics of personalities, and begin to move towards making our institutions stronger and better, we will never move forward.

So If I may ask, what is wrong with a one party system WRT Nigeria. The reason other parties in the past do not seem to be doing well is bacause they all had one superstar(s) that everyone else looked up to. AG, NPN, UPN, AD, APP are all dead or dying today because their principal starts either moved on or died

How a mafioso who imposes his friends and families on us is  a hero of our democracy remains to be seen. And how is a barely literate mallam whose selling point is his ability to subvert and undermine fundamental democratic principles a hero?

In the final analysis, for an idealess polity like house, a stronger and more democratic  1 PDP, rather than 35 PDPs under different names and logos , is actually a better situation for us.

I agree with this view.

yeswecan:
@Gbawe

The very idea of having an "Undisputed Heavyweight Champion" who by the way did not vie for any National/state seat neither is he a party chairman is quite disturbing to me. Your post gives the right to use the forbidden word "God father ism" and to think that your rationale is to glorify this term in practice is more disturbing.

You could have expressed your thought in a way that makes more sense - this glorification of godfather in Nigeria politics makes is rubbish. You are supporting the right thing for the wrong reason - the real glory goes to the people who made the choice not Tinubu

I fully agree with your view. It shows the value system of the original poster glorifying a godfather who collects 15% of Lagos IGR every month leaving leaving 17million people to live on the remaining 85%!

Seun:
Governor Gbenga Daniel's exceptionally bad performance has made people hate PDP in Ogun State.

Wrong! Gbenga Daniel has shown that he is a master strategist!! He is fighting his war with Obj. Politics 101. Why do you think that Daniel met Tinubu? Add the votes of PPN to PDP and the picture will become clearer. PPN is in the election just to divide PDPs vote and ensure that they fail in Ogun state. The same scenario will play out in the Governorship election but not in the presidential election where PPN adopted Jonathan.

Excellent and insightful analysis. The politics of desperation. It is quite unfortunate that the real losers here will be the people of Akwa Ibom state. Irrespective of who wins the election, the state will never be the same again. There will be mutual suspicion between the Ibibio and Annang people.   The question is, why did Akpabio think that it is alright to prevent the opposition from campaigning among his tribe? That is playing tribal card. He has just destroyed his state due to his desperation!

40% is high for the whole of Kano state. I would suppose something in the region of 25%. Most Igbos in Kano are located in Kano City, hence giving them 40% of the whole state would mean they constitute much more than half of all the votes in the city. That can't be accurate. However, Igbos by a large margin are the second largest ethnic group in any city in Nigeria after the indigenous groups. Their size is definitely capable of turning the tables in any tight election.

This figures looks like they are plucked from the air. The igbos should be rising to political dominance in all those states if they are truly that many.

PapaBrowne:
And neither is Ilaje Yoruba!!

So what are they? Read about ilaje in the link below.

http://www.ilajecwa.org.uk/history.htm

De Sheikh:
Hi Nairalanders. A friend of mine has just been offered employment at Glo and Zenith Bank. He is confused as to which one to opt for. Please advice is needed from experienced people or people who are knowledgeable about this two organizations.

What role? What background?

gbadaniyi:
please i need help i do not really know the function of a logistic officer in a courier company i am only assigned to take the company vehicle to the airport and clear any mail or package that comes from foreign country and sort it out and give to the dispatch rider to deliver i believe the function is more than that please i need help

Do you have formal job description? If the people who hired you have described what you need to do to earn your pay, why do you need nairalanders to help you by giving you a new job description? If you've got an issue or misunderstanding with your job descrption or you want enhanced role, why not discuss with your line manager?

Maybe I misunderstood your post. You can use google (it is faster) to search for a 'typical' job description of a logistics officer if you just want to know for research purpose.

Why are you picking on Ribadu? How did the others perform? I was so disappointed to find out that Buhari is vacuous. Check responses below:

The debate centred on a number of issues like power generation, corruption in governance, oil sector and Niger Delta, Education and Health as well as  Jos crisis and the zoning system in the nation’s polity.

The presidential candidates began the debate by telling Nigerians what they would do to tackle the perennial problem of inadequate power supply and infrastructure.

The presidential candidate of the Congress for Progre-ssive Change (CPC), Major General Mohammed Buhari (rtd) vowed to probe the expenses on power sector from 1999 till date.

When asked what he would do to fix the epileptic power sector in Nigeria, Buhari said: “We need to put our dams to optimum utilisation. When we are sworn-in, we need to investigate what happened to our national resources voted for this sector between 1999 to this time.”

Buhari  said the issue of dilapidated insfrastructure  is something that requires more elaborate and serious attention and cannot be tackled on an ad-hoc basis.  He said finding solution to the problem of power supply was central to getting the industries back to operation.

Speaking on the vexed issue of bogus take-home pay of our legislators, the former Head of State said if elected into office, he would persuade the lawmakers to see reason and to cut-down on their allowances so that the funds saved can be deployed into development projects that will serve the needs of the people.

For the All Nigeria Peoples Party (ANPP) Presidential candidate, Shekarau, poor infrastructure development particularly inadequate power supply in the country was caused largely by lack of sincerity and commitment to service on the part of the leaders and those charged with the responsibility of  implementing critical developmental projects.  He said an ANPP government would exhibit the needed sincerity and commitment to deliver service to the people and tackle the problem of power supply frontally.

Shekarau referred to his achievements in Kano State, where his government went all out to tackle the problem of water supply in the state by successfully executing a [i]N6bn water supply project.  He said his only regret was that the completed water project could not fully take-off owing to poor power supply from the national grid.

The ANPP candidate said the party would tackle the problem of lack of commitment to service delivery and corruption bedevilling the system  in order to  address the existing leakages in the economy.   He  insisted that there is the need to sanitize the public service in order to  avoid duplication of responsibilities.


On power sector Ribadu unlike Gen Buhari said that the blame game is over, rather we should be looking at solutions. He said that at the moment nobody knows who among the six competing interest is in charge of our power sector.

Ribadu on Niger Delta said that the problem of the region is due to prolonged neglect pointing out that if elected he will come up with a marshal plan that would ensure that the people are involed and youth unemployment drastically tacked.

http://www.thisdaylive.com/articles/presidential-debate-buhari-ribadu-shekarau-list-agenda/88099/

Buhari wants to become president, has contested the last two elections and has no clue about Nigeria power problem. He wants to solve it by probe. How is that different from the current legislature? What was the outcome of their probe? At the end of the day, he did not tell us what he will do to solve the problem.
Shekarau embarked on a N6 Billion spending spree for water project ('successfully executed'  ) without thinking about how it will be powered. That tells us something about his level of intelligence. The caliber of people seeking elective offices in Nigeria sef! Na wa!!

Before I came on board, there were a lot of loopholes through which people, who are supposed to be collecting revenues for the state siphoned money; they were not remitting money into the state coffers but when Alpha Beta came on board, it helped moved our Internal Generated Revenue (IGR) from N600 million to over N14 billion. "The outfit set up to collect taxes is the Inland Revenue Services (LIRS,) Alpha Beta only help us to verify all documents issued by the LIRS; it helped us to issue electronic tax clearance. If it helped us to generate this huge money, I just felt it is fair to appreciate the firm with the controversial 15 per cent."

N2.1 billion per month for a firm of less than 20 staff just for document verification?  This is ridiculous!!