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Sorepco's Posts

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Business › Re: 'MMM Is A Fraudulent Scheme' - CBN Warns Nigerians, Calls It "Wonder Bank" by sorepco(m): 2:04pm On Nov 01, 2016
Y private msg wiyh him n y not here?? Shebi u no want make more intelligent peeps expose u??


Nyerhovwo101:
my brother if u never dey chop mmm money u dey miss... Believe me... Expecting payment today.... U can send me message on whatsapp for further info.... 07064969050
Phones › Re: Chinese Woman Gets 20 Iphone7 From 20 Boyfriends, Sells Them And Buys A House by sorepco(m): 11:29am On Nov 01, 2016
U think i phone is a big deal in most countries?? Lets say u r on 15 pounds an hr in london and u want the latest iphone but lack the means. U do 12 hrs in ur day job. Thats 170pounds a day....times 6 days and u rest on sunday!!

Dats more than a thousand pounds a week. Yeah u pay tax n shit but treck to work. Cant u buy one in 2 weeks??


.
Marvel1206:
And all her boyfriends were able to afford the iphone7? Or na so the 20boyfriends love her reach?

She get sense tho
Politics › Re: Anambra My Pride And Beloved State.... Igbo Kwenu by sorepco(m): 8:56am On Oct 27, 2016
U R A FOOL



olysexy:
Anambra kwenu!!!
Anambra is the best, When it comes to individuals who i describe as land mark achievers pa
of innocent & downtrodden nigerians, and fighting
fake drugs in nigeria to a halt, & brought Nafdac to
limelight (prof.mrs. Dora Akunyili)...(Ag u-nwanyi) from
Anambra state.
16. The man who made a Great impact
in CBN & served meritoriously without news of misappropriation or embezzlement of fund (prof.Chukwuma charles soludo) from Anambra state.
17. The worldbank vice president african division
(Dr.oby ezekwesili).... from Anambra state.
18. The only 3 men who has (7 ph.D's) in different fields
of study includes-- (a) Dr. Nnamdi Azikiwe,(b) DR.
Chuba Okadigbo, (C)prof. Chinua Achebe.
19. The only & First governor in nigeria to be
kidnapped on power was (Dr. Chris nwabueze Ngige)...from Anambra state. 20. Anambra is the only state that the federal Government thought it wise to set aside a special day, month & year to conduct their own election because of the hotness of the state which nigeria cannot contain & control.
21. The only man that lends money to the
state government & spends & sprays money like
tomorrow no dey, he owns the biggest oil well in
nigeria, an unprecedented philanthropist nigeria has
ever known, who gave the federal government (850 million) to fight boko haram & care for the victims, he
gave my state government (2 billion) in the past & now (1 billion) for security upgrading, he spent (1.2 billion) in unizik on infrastructures , buses & learning equipments....h e is no other than (prince Eng. Dr. Arthur Eze)...a.k.a (ozoigbondu, Eze n'ukpo, Authority)...from Anamabra state...precisely from
(Ukpo).
*Transport giants ** such as...G.U.O & sons, ekenedili
chukwu motors, young shall grow motors, A.B.C
MOTORS, Ekeson motors etc **Anambra has the best
husband & wife materials you can think of anywhere in the world.
**nigerian-musicians**Such as....p-square, flavour, phyno , slow dogg & kcee of limpopo, E money, selebobo etc
*it is in Anambra state that you can find the biggest &
largest number of rich individual entrepreneurs in
Nigeria. *Anambra is one of the oil producing states in
Nigeria,....(Orient petroleums) *Anambra state has its
own political party...(APGA) * Anambra state has the biggest & largest market in west africa & also the biggest commercial hub of nigeria (main market onitsha) . * Anambra has the first indigeneous car manufacturing plant in nigeria, situated at nnewi....owned by (chief. Innocent chukwuma....of innoson motors) ...from Anambra state.
Talk about Cyprian Ekwensi the Novelist, Coscharis of Coscharis motors, Mr Peter Obi, Ifeanyi Uba Capital oil of Nnewi, Emeka Offor of Orifite, Mikel Obi of Chelsea from Neni, Koteck of Nnewi makers of Kotec spare parts and tummy tummy noodles, Chikason of Nnewi
''It is a known fact that whenever you see three igbo's
chatting & discussing, it must be all about business.
two of them must be Anambrarians & the third person must be the one they trained, settled & established in business''...
Am proud to come from Anambra.
Politics › Nigeria's President Buhari Wants To Borrow $30bn by sorepco(op): 10:22pm On Oct 26, 2016
My only fear is that i dont want us to go back into debt traps of the 1980s-1990s...where about 30 to 40% of our budget was for debt serving!!!


Nigerian President Muhammadu Buhari has requested lawmakers to approve a plan to obtain $30bn (£24bn) in foreign loans. 

If you can't get your head round $30bn, the BBC's Naziru Mikailu in Abuja gives it a little perspective: It is more than the federal government's entire budget from 2016.

That budget was seven trillion naira, which in December equated to $30bn. 

But as the currency has fallen sharply, $30bn is now worth nine trillion naira. 

The president said the money would be spent across all sectors with a special emphasis on infrastructure.


http://www.bbc.com/news/live/world-africa-37390915
Politics › Re: We Need N222bn To Conduct 2018 Census, Says NPC by sorepco(m): 8:35am On Oct 25, 2016
What really baffles me is this...so if given 1 million dollars for each state plus abuja they still wont be able to conduct a census?i.e. 1m dollar for adamawa abia etc.
400 million naira cant conduct a census in anambra or lagos or kafuna?? How many workers r needed to confuct a census in 1 local govt? If they had adked for 20billion naira i would have still doubted them. But 222 billion?? I dey fear them!!


CHANNELStv2020:
JESUS IS LORD LIKE REALLY?? 222 billionhuh Chaiii this corruption buhari carry deceive us GOD GO PUNISH AM.
Car Talk › Re: Car Battery; Can It Be Repaired? by sorepco(m): 9:24am On Oct 24, 2016
But if u repAir it it will last for 8-12 months.


Baawaa:
Is it a dry cell or water one huh Battery charger told me is repairable but he said is advisable to buy new one because repairing it might not solve the problem.
Travel › Re: 47 Airlines Have Folded Up In Nigeria —operators by sorepco(m): 8:47am On Oct 21, 2016
My brother when i opened this thread i tot i will c the names of the airlines and the year they went out of business. It seems a jj2 student wrote the report. No concrete verifiable details....just hyperbole and figures bandied around to win the sympathy of the assmbly members.

CHIJIOKE1314:
Why don't you digest the news first before adducing your defensive war tools..

FYI; the news is not against ur pay masters this time but a holistic analysis on Airlines in Nigeria that span for over 30years..


Take it easy, we all understand you are trying to earn your Garri but, also consider those who the ineptitude of the these politicians and the policies they churn out is effecting their own 'Okpa'..

Stop rushing to defend the indefensible, allow some little criticism here and there sometime, you could agree with me it's equally important to help these guys queue up sometimes for the interests of all..
Culture › Re: Ooni Ogunwusi Wears Aare Crown For The First Time (photo) by sorepco(m): 1:00pm On Oct 16, 2016
It cant be 10kgs even. Maybe he meant 100 karat gold/diamond?? Which is doubtful still



Ishilove:
Wait, Are crown weighs 100kg or 10kg? huh Is that a typo or something because 100kg is equivalent to two bags of rice... undecided
Christianity Etc › Re: Apostle Suleman Preaches Under The Rain (photos} by sorepco(m): 12:55pm On Oct 16, 2016
U mean God does not exist but u believe satan doeshuh U either believe both exist or believe non does.....!!
SpitsOnYoruba:
See grown ass adults fooling themselves all because of an imaginary God who doesn't exist

If any of them catches pneumonia, they start blaming Satan
These type of people belongs in the kitchen
Politics › Latest Newsnewspolice Recover N2.75m Bribe From ACP by sorepco(op): 8:32am On Oct 14, 2016
You mean the police force is ecperiencing changes as well?? Good neginning

The Complaint Response Unit of the Nigeria Police Force has resolved 324 cases out of a total of 405 complaints made against the police by members of the public between July 1 and September 30, 2016.

Fifty-one cases reported during the period were found to be false while 30 cases are pending, a report released on Thursday in Abuja by the Officer in charge of the CRU, Acting ACP Abayomi Shogunle, stated.

The CRU said it recovered N2.75m bribe from an Assistant Commissioner of Police, serving in one of the state commands in the South-East, after a complaint was made to the unit through a telephone call.

The police stated that the money was recovered from the ACP after the case was referred to the X-Squad for necessary action in line with the directive by the Inspector-General of Police, Ibrahim Idris, that the X-Squad be integrated into the CRU responding agents.

Findings indicated that the errant senior officer had been referred to the Police Service Commission for disciplinary action.

The report stated, “Record shows that the sum of N2.750m bribe was recovered from an Assistant Commissioner of Police, serving in one of the state commands after a complaint was made to the CRU through a telephone call.

“Necessary disciplinary procedures are ongoing against the officer involved in the unacceptable conduct just as the suspect arrested in respect of the case, upon which the bribe money was collected, has since been handed over to the relevant government agency for prosecution for the offence.”

The CRU report stated that Rivers State Police Command topped the state ranking with a total number of 78 cases followed by Lagos with 72 cases and the Federal Capital Territory with 48 cases.

The third quarter report further shows that over half of the complaints against the police came from four state commands – Rivers, Lagos, FCT and Anambra – which accounted for 55.06 per cent of complaints during the period under review.

No single complaint was reported against the police in six state commands – Bauchi, Jigawa, Katsina, Kebbi, Osun and Sokoto.

“Kebbi State remains the only command with no complaint made against the police since the inception of the CRU in November, 2015,” it stated.

The CRU said professional misconduct was the leading complaint against police officers with 154 entries followed by demands for money for bail with 144 entries.

It added that complaints were received via telephone calls (294 cases); WhatsApp (55); Twitter (20); email (19); Facebook (six); SMS (two); BBM (one); and eight cases reported via petitions and media publications.


http://punchng.com/police-recover-n2-75m-bribe-acp/
Career › Re: What Are The Career Opportunities For A Nutrition And Dietetics Graduate by sorepco(m): 8:32am On Oct 07, 2016
Cara, listen to this guy. I wanted to say exactly what he said but seeing it here i decided to ask u to listen to him.


booz:
There are opportunities, but very few ones. Take for example, UNICEF and other international bodies hire for nutrition advisors which perfectly suits your course of study and I bet you the pay is very good. But one disturbing thing is that, they require between 5-10 years of working experience and/or advanced degrees for you to be hired. Where would you get that? My suggestion is, try getting a well established hospital or a teaching hospital where they have nutritionist role, gather experience there for your CV and you are good to go.
Politics › Re: APGA Suspends Victor Ike Oye As National Chairman For Gross Misconduct by sorepco(m): 8:11am On Oct 07, 2016
feedthenation:
Hope this won't divide the APGA party into fragment factions?



This, my friend, is a classic case of tautology!!
Well i dont understand y there cant be coherence in our political parties. I think the main reason is that people given certain post want to do thejobs of others. And everyone wants to do the chairman's job!!
Politics › Re: Recesion: We’re Dying, Nigerians Lament - VANGUARD by sorepco(m): 12:49pm On Oct 06, 2016
If it were a virtous cycle u wud be paid 2 months in advance!! But if na vicious cycle?? Na helele
bkool7:
The hardship is biting harder, no doubt.
My house rent is due since September and my landlord has been on my neck, cos that's his income too, but I'm being owed 2 months pay. So it's a virtuous circle.




But I don't think Peak milk has powder satchet o!
Abi he get?
Properties › Re: My Tenants Said I Should Give Them 3 Months Free House Rents. by sorepco(m): 9:09am On Oct 06, 2016
Wen a tenancy case takes that long the judge want a bribe. Give him his share n the judgem3nt is made within 1 month. Tenant go sppeal. Another bribe n judgement is made faster than usain bolt!!
bejick:
don't go to court. you may regret it. the court will drag and drag it could be very frustrating. it may even take 2 years cos the tenants will frustrate the case. from experience.
Politics › Re: Peter Obi Peddled A Lie,he Looted The State Fund-obiano by sorepco(m): 8:20am On Oct 04, 2016
If peter cud come out himself and say he saved 75bil while cant obiano himself come out and refute it??


Kingsley1000:
now obiano has debunked the propaganda that went viral on the air about his predecesor saving billions and putting world class infrastructures in the state,who should we believe now?
Politics › Re: What Is The Meaning Of Afonja? by sorepco(m): 10:37am On Oct 03, 2016
Leave name matter. Just like saying rotimi amaechi is yoruba?? Saraki na fulani
Zico5:
So Bukola is fulani, u better wake up. It seems u are still dreaming.
Politics › Re: What Is The Meaning Of Afonja? by sorepco(m): 10:37am On Oct 03, 2016
Leave name matter. Just like saying rotimi amaechi is yoruba?? Saraki na fulani


Zico5:
So Bukola is fulani, u better wake up. It seems u are still dreaming.
Politics › Re: What Is The Meaning Of Afonja? by sorepco(m): 10:34am On Oct 03, 2016
Never knew present guvnor of kwara was yorubba. Never knew kigi state govnor is yorbba. By the way heard saraki is not a true blooded yorubba!!


yoji:
if they. were so conquered, why hv their governors always still been Yoruba?
Business › Re: Nigerian Man Roasts Corns In Dubai For A Living (Photo) by sorepco(m): 5:45pm On Oct 02, 2016
Tot so as well. The background looks europish...
chibuzorAbia:
I hail the guy o, my brother.

BUT that is definitely NOT Dubai. OP check your story well!
Properties › Re: Houses Built Using Cargo Containers (Photos) by sorepco(m): 2:38pm On Oct 02, 2016
U arguelike a kid. I hate when sum1 makes apoint n doesnot back it up with reasoning or better still facts....
clydedaniels:
U can't chew your cake and have it... either the kids or the wooden finish... undecided
Properties › Re: Houses Built Using Cargo Containers (Photos) by sorepco(m): 8:26am On Oct 02, 2016
Do u know the price of a 40f mpty container?? Quite ecpensive


namuguibe:
Though not novel, this is a good way of repurposing used shipping containers.
Properties › Re: Houses Built Using Cargo Containers (Photos) by sorepco(m): 8:25am On Oct 02, 2016
U r correct. But u can easily devift they r containers. However with these above pics the outer walls r so smooth u cant tell they r containers without being told.

joedams:
This is what most of the office buildings at my place of work are made of.
Properties › Re: Houses Built Using Cargo Containers (Photos) by sorepco(m): 8:23am On Oct 02, 2016
I tot of wooden finishiing as wellm but realised the imminent danger with kids playing with candles or matches

clydedaniels:
Abeg I want one.. the hous them too fine...

B/w the metals can be insulated using wooden finishing..

You (or your enemies) can also easily dismantle and carry your house to the village.... grin grin grin
Family › Re: She Got Pregnant At 11 But Today She Is Married And Also A Masters Holder by sorepco(m): 5:30pm On Oct 01, 2016
I think u read some bits n pieces of the story but u did not comprehend a whole lot


Acidosis:
You see the problem I have with some single moms?

Your son is your life? what about your husband, no single word about him?

There's nothing inspiring about this, from my own point of view.
Career › Re: I Was Slapped By My Employer by sorepco(m): 11:00am On Sep 29, 2016
Y seem cantankerous!!


telemapreye1:
What are you saying sef?
Did you not read the story?
Sports › Nigeria Football Federation Says It Cannot Afford To Attend World Cup Qualifier by sorepco(op): 7:27pm On Sep 28, 2016
Am just speechless!! And they pay master coach 43 million a month??



(CNN)As it stands, Nigeria's 2018 World Cup qualifying campaign may be over before it even begins.

With the country in the midst of a crippling recession triggered by weak oil prices, funding for its men's national football team has suffered to the point that it risks World Cup

Although the Super Eagles -- who are led by Chelsea star John Obi Mikel -- have had their bonuses suspended for six months, the Nigerian Football Federation (NFF) now says it is so broke that it cannot afford to fly its players to Zambia for next month's third-round qualifier.

Although many of its squad earn lucrative salaries playing for clubs in Europe, the NFF is courting a sponsor to raise $270,000 in order to charter a plane to Ndola, Zambia for the match on October 9, according to Nigeria's Guardian newspaper.

"As we speak, we don't have any kobo (a denomination of Nigeria's naira currency) in our purse," an unnamed member of the NFF told the newspaper, adding that they were appealing to regional telco giant Globacom for aid.


"The charges for the Airline alone is $200,000 for a 140-seater plane, and it will be on ground with the team for two days," the spokesman added. "We need between $6,000 and $10,000 for flight ticket(s) to bring in the players (from Europe)."

The NFF member also noted that players will be due a further $95,0000 each in bonuses, and said the only way forward is to receive stronger backing from the Nigerian government.

"The federal government still has to play its part, because this is the beginning of our campaign for the 2018 World Cup qualifying ticket. If we must get it right, every hand must be on deck," he told The Guardian.

The Nigerian Statehouse did not immediately respond to CNN's request for comment on the matter.

Nigeria has been one of the most successful African countries when it comes to the World Cup, reaching the round of 16 in three out of its five appearances -- most recently in 2014.

The Super Eagles have had even greater success at the Olympics, winning a gold medal at Atlanta in 1996, a silver at the 2008 Beijing Games, and a recent bronze medal at Rio 2016.

Reaching the bronze medal match in Rio de Janeiro prompted one Super Eagles superfan to donate $390,000 as charitable aid.



Learning of the team's financial hardship, Japanese plastic surgeon Katsuya Takasu flew in from Tokyo for Nigeria's bronze medal match against Honduras, which it won 3-2.

"I was so happy and cried for their winning. Japanese are sentimental," Takasu told CNN in August.

Takasu personally delivered the checks to Nigeria's captain, Mikel and coach Samson Siasia after being impressed by the team's resilience when they emerged victorious in the Olympic football group stage despite nearly missing the tournament.

The team were stranded at their Atlanta training base and arrived just seven hours before their opening match against Japan, which they won 5-4, due to a logistical mix up -- the airline hired to charter the team to Brazil, it turned out, had not been paid on time.


http://edition.cnn.com/2016/09/28/football/nigeria-football-financial-crisis-fifa-2018-world-cup/index.html
Politics › Re: Buhari Not Keen On Asset Sale, For Soludo, It Will Be A Historic Mistake by sorepco(m): 2:08pm On Sep 27, 2016
NOPE!!
You read but you did comprehend(é). He said if you follow normal procedure its a thing of 2 years. If na anyhow sales na 4 months to sell in my own understanding...
2odd:
Well said , this politicians should stop thinking with their butt, but i disagrees with soludo that it will take two years to sell any asset ,those politicians don already steal the money they will use to buy those assets , they will hide under proxy companies to buy those assets afterwards they will share the money again.
Politics › Re: Soludo: "Falana Does Not Know The Difference Between A Bank LOAN And A DEPOSIT" by sorepco(m): 8:52am On Sep 27, 2016
I was thinking exactly like you. But when falana asked soludo to go get an apology from odoko guy i started doubting him.
1st of he has acknowledged there sould be an apology but nit from him but from odoko.
2nd he has not come out to reiterate what he said earlier after soludos upper cut.


So his inaction kinda made me doubt him.



Businessideas:
Nigerians want change but when people are being asked to give account of their stewardship, they begin to bring tribal and religious sentiments to it.
Falana is a patriot and has paid more dues for democracy more than the likes of Soludo.
It's the sacrifice people like Falana made that provided opportunity for the democratic government that appointed Soludo as a matter of fact, Soludo and Co are like the proverbial baboon that was eating when the monkey was working.
He requested the EFCC to investigate this $7billion and suddenly people started fretting.
EFCC should investigate this money!! I stand with Falana.
Who is afraid of EFCC investigating this $7billion "deposit" to 14 banks.
Politics › Recession: Govt Made Wrong Policy Choices —utomi by sorepco(op): 9:42am On Sep 19, 2016
A FORMER presidential candidate, Prof Pat Utomi, has said the current economic crisis would have been avoided by the Federal Government, if proper policy choices were made, noting that the crash in oil prices was not enough to have resulted in recession. Prof. Pat Utomi He noted that if government had borrowed money against its assets, devalued early and applied intelligent leadership, Nigeria would not have been at a crossroad now. Utomi, who said this, yesterday, in Lagos at the 2016 Men Summit convened by the Catholic Men Organisation of the Holy Family Catholic Church, FESTAC Town, said the collapse in oil prices ought not to have plunged the country into crisis, if the authorities had acted rightly. He also took a retrospective look at most factors that led to recession in Nigeria and submitted that the attitude of the present government, in the face of the dwindling oil prices, scared investors away from the country. His words: ‘’There is what we call the big man hamburger quotient which economists use to evaluate exchange rate. Macdonald hamburger in London is exactly the way it is in New York. How many naira will it take to produce this hamburger in Lagos and how many pounds will it exactly cost to produce it in London? This is what is called the big man hamburger quotient. “At that time, the difference in Nigeria’s nominal exchange rate was there and because the major revenue was oil, whose prices had gone down, all that an intelligent leadership needed to do was to borrow against some assets, ensure they continue to fund things, use strong determination to make sure people don’t buy more than what they don’t need because that is part of what happened and ensure that there is confidence in the system so that people will know that the people in charge know what they are doing. “That would have made people to start transacting normally. But they said how can we devalue? We will not devalue, people who have money and who wanted to bring in money felt that these people are about to make decision that might jeopardise our money tomorrow. So they didn’t bring it. Even oil companies were not bringing back their receipts and Nigerians who were exporting were not bringing back, so there was a major crisis. Instead of the thing devaluing by 6 percent, it went down to what we are seeing. So it is self-inflicted and quality of leadership.’’ Responding to a question on the fete that befell defunct Bank PHB, Utomi said:’’ A country where justice is abused. The Yardaus wanted to steal the bank, they got CBN to devalue the bank so they can get their foreign partners and take over the bank. That was what happened. Regulatory functions are well abused in Nigeria and it is still going on.’’  

http://www.vanguardngr.com/2016/09/recession-govt-made-wrong-policy-choices-utomi/
Business › Why Banks Don't Give Long Term Loans- Fidelity Bank MD by sorepco(op): 8:32am On Sep 19, 2016
The inability of commercial banks to give long-term credit facilities is due to the non-availability of long-term-deposits by Nigerians, a financial expert, Mr Nnamdi Okonkwo has said.

Okonkwo, also the Managing Director, Fidelity Bank Plc, made the remark at a conference organised by the Finance Correspondents Association of Nigeria (FICAN) in Lagos.

The theme of the conference was: ''Nigeria beyond Oil, Financing Options for Non-Oil Exports''.

He said that most depositors who had huge amounts to save, did it on short-term basis because of uncertainties of the economic policies.

Okonkwo wondered why banks were always condemned at every occasion for not lending long-term facilities to businessmen and farmers, whereas they traded mainly with short-term deposits.

The managing director insisted "that commercial banks do not have the kind of huge amount of money to lend out to those in businesses for long-term period''.

The financial expert also listed lack of the right framework as being responsible for local banks not lending long-term to Small and Medium Scale Enterprises (SMEs).

He said lack of infrastructure, such as power, among others had made the bank to generate private electricity for its operations.

According to him, banks paid full interest on all deposits, while 25 per cent was taken as Cash Reserve Ratio (CRR), leaving banks with only 75 per cent of the amount to trade with.

He said, "If as a bank, I know a secret place where I can get long-term funds to trade with, I will be the number one bank in Nigeria today because I can lend long-term.

"Bring me a depositor that will place N100 million today with me at 10 per cent.

"I will then give a loan at 15 per cent and pay the depositor's interest on N100 million but I have to trade with N75 million because the Cash Reserve Ratio is deducted from the N100 million.

"For me to get access to five per cent of the money, I have to lend to a cocoa farmer. You have to lend for industrial production,'' Okonkwo said.

The managing director said that banks paid three per cent as premium to Nigerian Deposit Insurance Corporation (NDIC) from all deposits.

"Not only that, the bank will also pay three per cent NDIC premium on the same N100 million deposit.

"Remember, I run my own power. In fact if you put together the voltage we produce in 248 branches of Fidelity Bank, it can power the whole of Lagos State,'' Okonkwo said.

He said that it was difficult to get a Nigerian who will deposit money in the bank for one year, yet, people kept blaming the banks for not lending money for long-term projects.

Okonkwo said that a lot of banks collapsed in the past because of assets mismatch. That is people who matched long-term assets with short-term funds.

"When there is a run in the system, the owners of the short-term funds will come for their money and you have to pay them.

"If you pay them, the people you gave long-term loans cannot pay up. Then you begin to have distress in the system, '' he said.

The financial expert, however, said that the Nigerian Export Import Bank (NEXIM Bank) and Fidelity Bank Plc were taking measures to enhance non-oil exports and create wealth for Nigerians.

The managing director said the lender was always at the forefront of financial services solutions and lending, adding that supporting SMEs should go beyond funding.

"This is what informed the Fidelity SME Radio Forum, a programme designed and sponsored by Fidelity Bank to educate, inform, advise and inspire budding entrepreneurs, that is aired on Inspiration FM Lagos," he said.

The Managing Director/ Chief Executive Officer, Heritage Bank Ltd., Mr Ifie Sekibo, said Nigeria had export potential in some agricultural commodities like cocoa, cashew, groundnut and fish.

Others are: sesame seed, ginger, cassava, snails, tobacco, coffee, cotton lint, rubber, among others.

He said Nigeria could export bitter leaf, plantain flour, melon, crayfish and maize.

Sekibo was represented by Mr Olugbenga Awe, Group Head, Agriculture Finance, Project and Development Finance Department of Heritage Bank.

He said that the country could also export manufactured goods such as: cocoa cakes, butter, powder and liquor.

The managing director said that others include: detergents, malt drinks, palm kernel cakes and oil, baby clothes and confectioneries.

In the category of handicraft, Sekibo said that Nigeria could export talking drums, calabash, wood carvings, raffia products, among others.

He said that the nation's entertainment industry contents from the Nollywood artists could be exported to neighbouring countries.

Sekibo expressed regret that exporters from Nigeria were not competing enough, adding that some Nigerian exporters went to Cameroun to bring in products and blend them for exports.

He said that as a country, Nigeria could not afford to continue going backward in terms of non-oil exports.

Sekibo advised that exporters should take the right steps to source funds for export.

According to him, the first step is to know the difference between funds required for financing the business between the commencement of the manufacturing or procuring process and the dispatch of the goods.

He urged exporters to also know that banks looked for certain criteria for financing.

According to him, banks also look at the season of the products, product destination, transaction cycle and the buyer's payment history.

He said that banks looked at these because they faced challenges of inadequate resources for export finance.

Sekibo said that banks also faced challenges of inadequate infrastructure to control products quality; lack of dependable source of local product prices and supplier information.

He also noted that there were too many players in the products supply chain and the challenge of fraudsters in the product supply chain.

The managing director said that cocoa was usually ranked number one in the discussion about non-oil exports in Nigeria.

"Yet the country lags behind some other West African countries in terms of volume and quality of products,'' Sekibo said.




http://odili.net/news/source/2016/sep/18/344.html
Crime › Re: When Directed By The Police To Write A Statement: What You Should Know by sorepco(m): 6:48pm On Sep 17, 2016
Never sign am even if dem beat u. They write that its an armed robbery case..100k no go solve am


Redoil:
what about a situation where police will force you to sign a prewritting statement

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