Elijahrona:
Universities also generate revenue through students school fees. Universities generate more revenue than CBN (i think)

CBN generate revenue I am talking from experience.

TGM2015:

I trying to tell me that NNPC, CBN, FIRS, etc are employees?
The last I know about them is that they Parastatals establish to make profit. So they are enterprises with all features and characteristics of Corporate Entity. Universities establish by government are not established to make profit, lecturers are part of the employees of the University.

In summary,
ASUU are Part of the employees of a non-profit making government establishment while NNPC, FIRS, CBN, etc are employer of labour and are run as a profit making organisation. If ASUU want what is applicable to these organisations we are mentioned, they should proved their intellectual worth by transforming all universities as a self sufficient institution.

try to read Buhari directive on ippis. it includes all mdas, no exception.

TGM2015:

The difference is revenue generating agencies and core aim of making profit.

FIRS, NNPC, CBN are revenue generating agencies and we're established for the purpose of making profit. Hence, they are mandated to remmit profit.

Public Universities (ASUU), Army, Navy, Police, Hospitals, etc are public services institutions/agencies established with the sole aim of providing public services. They are expected NOT to make PROFIT, hence they do remit to the government.

I understand you but they are generating revenue is not an excuse not to be enroll in ippis. Thank u

clemzo101:
Buhari did not start IPPIS pls. Stopeet!!!

OSU go and Google search how IPPIS came forth.

or do u think it was Goatluck that brought it?
what did PDP administration invent other than to loot, bribe, steal and to engage in corruption.

Elijahrona:


Nope.
Simple reason: 45k as maximum school fees isn't sustainable

So you proved my point.

They should stop throwing tantrums, and humbly join the queue.

Intellectual Noisemakers.

buhari directive on ippis on ippis includes all parastatats
https://www.premiumtimesng.com/news/top-news/356690-stop-paying-salary-to-workers-not-on-ippis-buhari.html

ASUU is saying

What ever you do to left hand side
also do same to right hand side

EmptyCoconutHead:
OSU go and Google search how IPPIS came forth.

or do u think it was Goatluck that brought it?
what did PDP administration invent other than to loot, bribe, steal and to engage in corruption.

Obasanjo introduced ippis in 2006. forget pdp-APC dichotomy

https://www.ippis.gov.ng/history/

PatrickOkunima:

Okay, they generate revenue, but how much. All the ones you mentioned cannot even pay 2 staff of the CBN. Universities, don't they collect tuition fees and others?

Illiteracy smells here. CBN generates billions monthly. If you re in the banking sector you will know. So i dont really blame you.

EmptyCoconutHead:
IPPIS a new innovation by Sai Baba that will bring development and ensure a good quality of life for the citizens and Personnel serving the country.

God bless Buhari

IPPIS is not an innovation of baba. It was implemented and put to use under GEJ. The process of enrollment was in phases but the fg had already been enrolled during GEJs time. Same with BVN which was linked to the records. The APC is just good at propaganda. They keep reminding us PDP did nothing but the innovations they keep talking about to shine were implemented by PDP.

Is it that you really didn't know GEJ implemented IPPIS or you are just doing the propaganda you are used to?

Have you ever heard APC say PDP did anything good? The are ashamed to give credit where it is due. PDP was great at creating sustainable institutions and processes. They failed on doing propaganda.

And the government is still looking for where to borrow from. Audio debit! Where's the proof to that?

PataAlhaja:
[s][/s]

Olodo.

Person correct you, you still dey yarn dust.

CBN recently debited 500 billion Naira from the accounts of about 10 banks domiciled with it for breaching CBN-approved loan policies and directives.

How you think CBN is not a revenue-generating organization befuddles me.

tiwiex:



IPPIS is not an innovation of baba. It was implemented and put to use under GEJ. The process of enrollment was in phases but the fg had already been enrolled during GEJs time. Same with BVN which was linked to the records. The APC is just good at propaganda. They keep reminding us PDP did nothing but the innovations they keep talking about to shine were implemented by PDP.

Is it that you really didn't know GEJ implemented IPPIS or you are just doing the propaganda you are used to?

Have you ever heard APC say PDP did anything good? The are ashamed to give credit where it is due. PDP was great at creating sustainable institutions and processes. They failed on doing propaganda.

Integrated Personnel Payroll Integrated System was introduced by Obasanjo but it wasn't implemented till the coming of the Messiah Buhari who re introduced it and implemented it.

God bless Buhari
check out the link here

https://www.ippis.gov.ng/history/

CBN generates billions monthly. The government is broke, borrowing up and down. Educated person, can you please explain this to an uneducated person like me?

MRLANNISTER:


Illiteracy smells here. CBN generates billions monthly. If you re in the banking sector you will know. So i dont really blame you.

clemzo101:
leave that one oooo, the funds generated in the universities remain in the universities, VCs are just like governors, most of them are very corrupt as well

but the concession from the government is paltry. So, universities are now autonomous. That's why there has been an increase in school fees due to lack of adequate funding by the government.

DrDax:


Are they self-sustaining?

Aren't private universities self-sustaining? My point is that if they are, then the public universities can be too. And they're now autonomous because there's lack of adequate funding by the government.

clemzo101:
leave that one oooo, the funds generated in the universities remain in the universities, VCs are just like governors, most of them are very corrupt as well

... This is not true please, as at 2017 when I paid my clearance fees at Uniben, it was paid through the remitta platform, which is an FG platform for TSA.. School fees are now being paid through remitta.

PatrickOkunima:
When did CBN start generating revenue?

So you don't know when you transfer fund and 52.50 was deducted as transaction charge, 50 naira goes to CBN and 2.50 for the commercial bank. Meanwhile each government universities generates billions of naira every session (application fee, acceptance fee, school fee, departmental fee, dormitory, etc) which they spends for themselves anyhow they want either in a good or bad way.

Gradually we are embracing technology in governance. People of high integrity should be engaged to manage the system to avoid compromise. I support any initiative that will bring transperency and accountability for national development and for common good.

lonelydora:
You can't even try it with NNPC. Their union is not weak like ASUU.

If FG tries it with NNPC, they will ground the economy.

hehehehe.if military,federal government hospital staffs don join I believe when they get to the bridge with ASUU they will come to a common ground.
All the excuse of visiting lecturer holds no water anymore.in most government hospitals, visiting consultants too go there for consultations and at the end of the month, the hospital pay them from the hospital running cost the federal govt usually send to them every month .
As for cbn ,nnpc and firs guys and even the politicians receiving bogus allowances they will have there own day too at the court of the masses when the time comes.
Good morning maa

PatrickOkunima:
And the government is still looking for where to borrow from. Audio debit! Where's the proof to that?

This thread is not meant for you. You were advised exit to this thread, Why can't you heed to a simple advise?

Flexherbal:


There must always be an excuse.

Do universities not generate funds?
All the school fees that students pay are what?

Then let them start paying themselves from their revenue generated like those they are comparing chest with

Iziquiel:

This thread is not meant for you. You were advised exit this thread, Why can't you heed to a simple advise?

Another educated fellow. It's advice (noun) not advise (verb).

xperiencelove:

So you don't know when you transfer fund and 52.50 was deducted as transaction charge, 50 naira goes to CBN and 2.50 for the commercial bank. Meanwhile each government universities generates billions of naira every session (application fee, acceptance fee, school fee, departmental fee, dormitory, etc) which they spends for themselves anyhow they want either in a good or bad way.

is the 2.5 vat to cbn or firs?

TGM2015:

The difference is revenue generating agencies and core aim of making profit.

FIRS, NNPC, CBN are revenue generating agencies and we're established for the purpose of making profit. Hence, they are mandated to remmit profit.

Public Universities (ASUU), Army, Navy, Police, Hospitals, etc are public services institutions/agencies established with the sole aim of providing public services. They are expected NOT to make PROFIT, hence they do remit to the government.

What will happen if revenue generating agencies start getting paid from FG's account?

DrDax:


So you proved my point.

They should stop throwing tantrums, and humbly join the queue.

Intellectual Noisemakers.

Hard to disagree.

Thegoodone13:
I understand you but they are generating revenue is not an excuse not to be enroll in ippis. Thank u

What is IPPIS, it means Integrated Payroll and Personnel Information System . CBN, NNPC, etc remit net income to FG, that means, as a profit making organisation, they have deducted ALL expenses including Payroll cost (Salaries and Wages) before remitting excesses. By standard of being a Corporate Business Enterprise, though (fully or partially) owned by government, they Must pay their employees themselves. Government is just a shareholder and should not be burden with payments of their employees salaries. These organisations are just like Banks, Dangote, Nestle, etc only that instead of having private individuals as their sole/major shareholders, they have the government as a sole/major shareholder.

So in real strict sense of business, they SHOULD NEVER be enroll on any government IPPIS.

TGM2015:

What is IPPIS, it means Integrated Payroll and Personnel Information System CBN, NNPC, etc remit net income to FG, that means, as a profit making organisation, they have deducted ALL expenses including Payroll cost (Salaries and Wages) before remitting excesses. By standard of being a Corporate Business Enterprise, though (fully or partially) owned by government, they Must pay their employees themselves. Government is just a shareholder and should not be burden with payments of their employees salaries. These organisations are just like Banks, Dangote, Nestle, etc only that instead of having private individuals as their sole/major shareholders, they have the government as a sole/major shareholder.

So in real strict sense of business, can SHOULD NEVER be enroll on government IPPIS.

That is why the government can afford to redirect them to start getting paid from the consolidated account. If they want to.

Jesuspikin8:

What will happen if revenue generating agencies start getting paid from FG's account?

0monnak0da:
Funny
Did you just think that one up NOW to win an argument or is that in any legislation
Is that in the regulation establishing the I-PISS system??

Funny the specious logic people will come up with just to win an argument

Profit making indeed!!
That may be a useful argument but it is not in any law or gazette just YOUR OWN Nairaland logic

joyandfaith:

my friend, buhari directive includes all mdas, no exception. corruption in those revenue generating agencies can cause tsunami if it is exposed.

joyandfaith:

try to read Buhari directive on ippis. it includes all mdas, no exception.

I think the below quote will help a little. You are at liberty to get any Business Management textbooks or research on Government Owned Business Enterprises, except you believe Universities are also Government owned Business Enterprises. Thank you.

TGM2015:

What is IPPIS, it means Integrated Payroll and Personnel Information System . CBN, NNPC, etc remit net income to FG, that means, as a profit making organisation, they MUST have deducted ALL expenses including Payroll cost (Salaries and Wages) before remitting excesses. By standard of being a Corporate Business Enterprise, though (fully or partially) owned by government, they MUST pay their employees themselves. Government is just a shareholder and should not be burden with payments of their employees salaries. These organisations are just like Banks, Dangote, Nestle, etc only that instead of having private individuals as their sole/major shareholders, they have the government as a sole/major shareholder.

So in real strict sense of business, they SHOULD NEVER be enroll on any government IPPIS.

Babinski:


IPPIS is not a scam. It is the selective implementation that should be questioned and corrected. The reason given for not including CBN, NNPC and FIRS is not valid.

A business entity does not consist only of marketers or sales people. Everyone is important. To make a rule that sales people pay themselves from sales because they generate revenue and should not be subject to general company payroll is very bad and selective business policy!

That's the summary.

[quote author=Stehane post=84637227][/quote]u want us to trust u when u just opened account today

DrDax:


So you proved my point.

They should stop throwing tantrums, and humbly join the queue.

Intellectual Noisemakers.

Well, I don't see ASUU as a trouble seeking association. They must've seen something that we haven't seen. Something that's bothering them.