₦airaland Forum

No need to struggle. Get a gift card. www.suregifts.com.ng

Question is.. what happened to that school in Abuja?

joseph1832:
49 million? And another 40 million now have access to cars under GEJ. Hmm

"Agberemi quoted the 2013 National Demographic Health Survey, which shows that only 28.7 Nigerians have access to basic sanitation facilities."

40 million car owners, 49 million public defecators, estimated 70 million children and old-people.

Conclusion: If you don't own a car in Nigeria, you defecate openly.

So who are we prosecuting?

You've been plundering my house (the ministry), you tell me you've stopped, and now you want me to say thank you?

abila122:
lets compare Nigeria with order african countries listed in GDP - real growth rate;
1. Tunisia CIA fact book GDP world rank - 124
2. Morocco CIA fact book GDP world rank - 55
3. Libya CIA fact book GDP world rank- 217
4. Gabon CIA fact book GDP world rank - 28
5. Algeria CIA fact book GDP world rank - 111
6. Egypt CIA fact book GDP world rank- 150
7. south Africa CIA fact book GDP world rank- 143
Nigeria is at- 35 only exceeded by gabon

taiwoflb:
Acording to International Monetary Fund (2013) Nigeria GDP world rank is - 20
Acording to List by the World Bank (2005–2013) Nigeria GDP world rank is- 20
Acording to List by the CIA World Factbook (1993–2013) Nigeria GDP world rank is- 30
So it is very possible to be among the 20 developed countries by 2020

GDP and GDP growth rate (per capita or absolute) have little to nothing to do with development. For example, we're have Africa's largest GDP and one of the highest growth rates, but we're not in the top 3 most developed. For example, Norway has about equal GDP as Nigeria, and lower than the US, but more developed in most metrics than both.

With extreme visionary leadership, far from what's currently tabled before us, we can probably get close to Libya and maybe Gabon, but that'll be a hard fight.

"The World Bank defines Libya as an 'Upper Middle Income Economy', along with only seven other African countries. Substantial revenues from the energy sector, coupled with a small population, give Libya one of the highest per capita GDPs in Africa. This allowed the Libyan Arab Jamahiriya state to provide an extensive level of social security, particularly in the fields of housing and education."

"In 1998 the budget allocation for education represented 38.2% of Libya's total national budget."

"In 2010, spending on healthcare accounted for 3.88% of the country's GDP. In 2009, there were 18.71 physicians and 66.95 nurses per 10,000 inhabitants. The life expectancy at birth was 74.95 years in 2011, or 72.44 years for males and 77.59 years for females."

But even with the above, Libya has severe problems with unemployment, infrastructure etc.. So Nigeria can probably beat them.. with visionary leadership. Still, that's one out of 100. How do we get to the top 20?

chamboy:
yes sir... pls name dem let all dis GEJ blinded supporters see

I'll give 100 (if I add all the islands). I'll like anyone to mention ONE country on this list we can beat to human development in the next 5 years at our current pace, and we can an intellectual debate about the feasibility. Enough of the wild promises.

1. Algeria
2. Andorra
3. Argentina
4. Aruba
5. Australia
6. Austria
7. Bahamas, The
8. Barbados
9. Belgium
10. Brazil
11. Bulgaria
12. Canada
13. Chile
14. China, Hong Kong
15. China, People’s Republic
16. China, Taiwan
17. Colombia
18. Costa Rica
19. Croatia
20. Cyprus
21. Czech Republic
22. Denmark
23. Ecuador
24. Egypt
25. Estonia
26. Finland
27. France
28. Gabon
29. Georgia
30. Germany
31. Greece
32. Hungary
33. Iceland
34. India
35. Indonesia
36. Ireland
37. Israel
38. Italy
39. Japan
40. Jordan
41. Korea, Democratic People’s Rep
42. Kuwait
43. Lebanon
44. Libya
45. Lithuania
46. Luxembourg
47. Macedonia
48. Malaysia
49. Maldives
50. Mauritius
51. Mexico
52. Monaco
53. Mongolia
54. Montenegro
55. Morocco
56. Namibia
57. Nepal
58. Netherlands
59. New Zealand
60. Norway
61. Paraguay
62. Peru
63. Philippines
64. Poland
65. Portugal
66. Puerto Rico
67. Qatar
68. Romania
69. Russia
70. Saudi Arabia
71. Serbia
72. Seychelles
73. Singapore
74. Slovakia
75. Slovenia
76. South Africa
77. Spain
78. Sri Lanka
79. Sweden
80. Switzerland
81. Syria
82. Thailand
83. Tunisia
84. Turkey
85. Ukraine
86. United Arab Emirates
87. United Kingdom of GB & NI
88. United States of America
89. Uruguay
90. Venezuela

chamboy:
I can name twenty countries nw, we can never b beta off that 2020...
China. Russia, UK, US, Canada, Australia, Germany, South Africa, Saudi Arabia. Brazil, Norway, Denmark, North Korea, Spain, Italy, Japan, France, South Korea, Indonesia, India, Switzerland

I can name 20 more...

You can get into OAU with your WAEC alone for Bsc Accounting, Economics, Nursing and Education. Visit http://online.oaucdl.edu.ng for specific course requirements and other information. Apply and pay online at http://apply.oaucdl.edu.ng.

Study while holding your full time job anywhere in the world. Same lecturer, same degree (No DL written on certificate), full access to all university resources. Lectures delivered over OAU tablet computers. Submit tests and assignments with tab. Write final exams at designated centres. No entrance exams. You meet the entry requirements, you're admitted. No limited slots.

Application closes August 29. Contact OAU for more direct information. Don't wait for admission.

You can get into OAU with your WAEC alone for Bsc Accounting, Economics, Nursing and Education. Visit http://online.oaucdl.edu.ng for specific course requirements and other information. Apply and pay online at http://apply.oaucdl.edu.ng.

Study while holding your full time job anywhere in the world. Same lecturer, same degree (No DL written on certificate), full access to all university resources. Lectures delivered over OAU tablet computers. Submit tests and assignments with tab. Write final exams at designated centres. No entrance exams. You meet the entry requirements, you're admitted. No limited slots.

Application closes August 29. Contact OAU for more direct information. Don't wait for admission.

7 days to the deadline for applications into the 100% OAU Bachelors degrees in Accounting, Economics, Nursing and Education served electronically. Study anywhere, same full certificate as on-campus students (no DL written on it), same lecturers, no JAMB, no strikes, no entrance exams. Visit http://online.oaucdl.edu.ng for more information, or http://apply.oaucdl.edu.ng/ to apply now!

If you meet the entry requirements, you'll be admitted.

https://s21.postimg.org/idnsz37dz/10298747_873453809334760_2378509428567684896_n_j.jpg

englishmart: I really don't like this. Maybe they think it's only the president they are insulting. They don't know they are insulting the entire nation.

This does not make any sense. How does tagging Kim a fatso slight the entire north korean nation? The president should just do his job.

There's one law that everyone holds more sacred than the rest though: Levitical Tithing.

vambi: Its your right to see GEJ as clueless and incompetent, that is your opinion but you should not abuse other people that has contrary opinion to accept yours, what is not acceptable is for El-Rufai to always re-tweet jokes that insult Christians

I'm not insulted... Try again.

Wow this is great

tiwasiaife: If u think women dont go to prison,continue to insult ur president.

To be charged with, and backed by which law?

Promhize: It's really bad, the government can close this forum with the help of very good lawyers if they give a warning to seun. Yes it's as easy as it sounds, they damaging the presidents and governments image among other things. What am I saying they dont even need to forewarn them.

Because of the law that says you cannot insult the president?

hod898: Why are most of you looking at his mistakes and ignoring the points he is trying to make--no man is perfect. For once let's see his points.

Quote one.

Godogwu: Your assessment is just amusing, is it the FG thats kidnapping, employing militants, boko haram or creating corruption?...Corruption alone starts from the everyday Nigerian; the people in government aren't from mars. Thesame goes for kidnapping and the rest, its mostly useless and unaccomplished people like yourself that go about doing all sorts just because you believe the federal government should provide your every need. Finally, i totally agree with the other poster that the federal government has made the economy more favorable for entrepreneurs and investors.

How? Is it by better access to funding, better power, better technology infrastructure like cheaper Internet connectivity, better road networks, tax breaks for startups, investment in research, 72 hour cheap business incorporation etc. What has the government done to ensure that an entrepreneur will find it easier starting up in Nigeria than, say, Kenya? Talk to any of these entrepreneurs and they'll tell you how difficult the market is. The only reason they're here is out of necessity to create livelihoods in a 160m market. The population is huge and at least 10% of them have decent purchasing power. That's the biggest selling point, not "enabling environment and fresh air".

AjanleKoko: A lot more Nigerian wanna-be entrepreneurs need to watch the show 'Dragons' Den'

Often, I offer investment in basic, unarticulated ideas without even picking holes in them yet. Entrepreneurs get protective when I expect to co-manage and own equity. I'm thinking about structuring these small investments ($1000-$7500) in the near future. I'm using this forum to measure the degree of frustration I should expect.

Also, I see no compelling reason to throw 1m on a poultry (or any of those nysc-camp entrepreneur trainings) when I can walk down the road and find 10 sellers of chicken and eggs. I'm interested in seeing the business plan anyway. Maybe there's a differentiation strategy. Not just looking for a 50k/month idea. Looking for a 50k/month plan that could become 500k/month in the future while maintaining the same number of chickens and staff.

[quote author=success_07]Bros, if e easy, u for no dey look for investment portfolio. U wan enslave person because u get money?[/quote]I think my terms are quite generous compared with what you'll otherwise obtain elsewhere from more structures investors. If entrepreneurs think these terms are stringent, then I'm afraid 'funding' will remain an issue and they're not ready for business. This is the sort of insight I'm looking to get regarding the mindset of entrepreneurs. I've found that most budding entrepreneurs are too protective of their undeveloped idea, and are overly averse to anything equity or concession of some control. Unfortunately, investors are not stupid. Please keep it coming.

Hi all, I'm running a quick survey for a project that could depend on your answers. If I assess your business plan and offer to give you N250,000 or more for 20-25% equity in your (risky) idea--effectively valuing it at 1-1.25m--and I mandate you to have me on your management, with significant say in how you manage your finances and business, can you confidently tell me you'll commit 100% of your time and generate at least 85,000 monthly profit (after paying yourself a small salary)? You will have to grow the business by 50% every year and you'll have the option to buy me out in 3 years at a premium. Also, would you agree to distribute my share of net income to me in cash bi-annually to enable me fund other projects? You'll be legally bound to all these, with very punitive consequences if you renege.

Note that you'll also have to commit about the same amount into an account that will be strictly regulated, and my 250k will only come as a 'round 2', otherwise, we'll be talking about more equity than 20% to compensate for the risk, and I'll be responsible for most of your procurement.

Send me an e-mail, Charcoalblaq. I think I can be of tremendous help.

[quote author=eku_bear]So it looks increasingly likely I'll be leaving my job soon. Got an offer from another firm offering $30k more money in salary. And my current company is not moving quickly enough to match/exceed the offer.[/quote]After a while, it makes sense to chase the money bro

AjanleKoko: So it is. Surprising.
The are even ranked above IE Business School. That's a first for them.

It's actually funny. While the school is indeed very highly ranked, it doesn't evoke that tier 1 emotion as Bocconi, HEC or IE does. I actually saw a resume with IESE recently and I only went all 'not baaad...' If only I knew lol..

esere826: Harvard's 362nd Commencement: Live streaming

Someone is giving out a message on social investment as a cop with a Harvard degree
http://www.harvard.edu/live-stream

Great find. Thanks

fsb: You are right as regards Brunel MBA being under 5million but why would I bother applying to schools in that category? Are they better than LBS? My OPINION is that LBS offers the requisite knowledge in a local context. I want to learn about doing business in the Nigerian economy. If I had the finances to travel out, I would go for a school with "clout" INSEAD, IESE, ESADE, Harvard etc where a Fortune 500 would grab me before my program was completed.

In the end, I don't see how a Brunel MBA beats LBS MBA....so its LBS all the way

Brunel is no LSE or Cranfield, but it's still a bit far-fetched to compare it's MBA programme with Lagos Business School's. Brunel is still a top 20 business school in the UK with a 15m average starting salary. Not a lot, but better than most (with limited experience) in LBS. When it comes to business education in the UK, I wouldn't touch the top 20 in the FT rankings below. Regardless, LBS' Executive MBA (not the traditional) is still in the top 60 globally and 2nd in Africa, and the school's profile is top-notch for it's price and environment.

London Business School
University of Oxford: Saïd
Imperial College Business School: Tanaka
City University: Cass
Cranfield School of Management
Warwick Business School
London School of Economics and Political Science
University of Strathclyde Business School
Ashridge
Henley Business School
Bradford University School of Management
Manchester Business School
Lancaster University Management School
Durham University Business School
University of Cambridge: Judge
University of Edinburgh Business School
Aston Business School
University of Bath School of Management
Leeds University Business School
Brunel Business School
Birmingham Business School

Have to say that's an unfortunate organizational culture. If it's the culture one finds himself, then sure. i just disagree that it's the blanket address symbolising respect. If someone respects you, you'd know beyond sirs or ma. For me, its getting the required work done and on time. Generally, not playing around the quality of work and deadlines I assign. Also being open to learning and asking questions. I'd like for this thread to take the casual/dynamic workplace vs formal/structured workplace direction. Really interested in learning what people prefer.

esere826: well, well, well
I believe that at this point in this thread we've been able to establish a couple of things
1) A big name school does matter in some companies and many places
2) It doesnt mean they are smatter than you, its just what it is
3) It doesnt mean they'll get better paid than you, but they'll get better paid than many
4) It doesnt mean that if u dont have a big name school in ur CV you wont get specialized roles in some companies, .. but it does mean that it would be statistically harder
5)It does mean that elitism is in demand (there's a study that finds this trumping over race)
6) Getting a big name school in your cv apart from some intelligence needed, would need some N10 million annually (pretty cheap in terms of cost benefit analysis)

Case closed. Thanks for a good discussion guys.

Acidosis: An employee would always be an employee even if you work for Microsoft, IBM etc..

I don't know if schools are relevant or not, but I'm sure these schools are over-rated.

Mind you, before an employer would boast of a salary scale of a million naira per month for his havard trainee, know fully well that a million naira is an equivalent of what he (the employer) spends on his dog per week and pls don't be deceived, the same amount is the least the company has ever made in 1hour. Some how, the company cheats the harvard guy. You can never be 'smarter' than the CEO even if you have a 1st class degree.


Btw, if the total school fees of a graduate from OAU (100-400l) is N100,000, give me one reason why such graduate won't settle for a N100,000 monthly salary..

Ordinarily, it will be f00lish for anyone to settle for the same amount after paying a fee ranging from 10-20million for a 3year programme.

Its about your pocket; your class.


..and I wonder why someone said we shouldn't mention Dangote lol.. may be cos he didn't attend LBS

Your analogy seems a little off. In many many industries, 1million is pretty standard. In fact, that's only a lot in Nigerian terms. It's not even up to $100,000 a year. The average Harvard MBA earns $150,000. Also, whether you're a start-up or a billion dollar company looking to recruit a Harvard MBA, regardless of what you earn, prepare to pay north of $100,000. I know of start-ups that have employees earning more than the founders. Employee pay is not relative to the CEO's earnings; it's commensurate with the value (or perceived value) added.

There are virtually free schools in Germany and Scandinavia, whose graduates command the highest salaries in Europe. The OAU graduate who studied on a full academic merit scholarship and later settles for a N100,000 monthly salary settled for one of these reasons.

1. He's only desperate to get some experience and values that over pay
2. He doesn't think he's worth more, so he didn't negotiate
3. He's dispensable or it's the industry standard for that position, so the company will just employ the next guy instead if he tries to negotiate at all.
4. He'll live comfortably with 100,000
5. He has no other options

The Nigerian guy who went to Brown on a full scholarship will not settle for N100,000 for the following counter reasons:

1. He could get similar experience elsewhere and get at least 3 times more money
2. He knows the earning power of his graduating class and that before him, and he'll negotiate to that standard
3. He actually thinks he knows his stuff, and thinks he's the best in the lot for the job, so he'll negotiate up to what he thinks he deserves. If the company can afford him, they will; otherwise, they'll negotiate fiercely before going for the next guy.
4. Even if he can live comfortably with 100,000, he knows he can earn much better
5. He has 3 other offers awaiting his response all offering at least $20,000.

The only difference between these two guys is not what they studied, how much they paid for the education or how smart they are. They're both equal in every respect. Just that one person went to an Ivy league school and the other went to OAU.

Asked not to mention Dangote because he's an outlier. The one in a million. Like Wole Soyinka, the one Nobel winner from from Nigeria versus the 89 Nobel winners from Cambridge alone....

Finally, LBS? Hope that's London Business School, not Lagos. Although Lagos business school is the only business school one can reckon with in Nigeria. Really proud of what they're doing over there.

esere826: I thought in our youth service
we all swore to serve our father land
whether we are from Harvard or college of technology ado-ekiti

Hey, you'd swear to anything with a 'gun to your head.' The youth service isn't voluntary like joining the army.