₦airaland Forum

Afro3:
Stanley Uzochukwu pays His Mentor, Tony Elumelu Courtesy Visit (PHOTOS)

Chairman of Stanel Group, Stanley Uzochukwu has honored his mentor, Tony Elumelu with a courtesy visit with a team of his staff in appreciation of his mentorship.

The Chairman, United Bank of African (UBA), Transcorp, Heirs Holdings, Anthony Elumelu inspired the young man through his inspirational words when the duo met for the first time at a Maritime Security Retreat held at the Aso Villa, Abuja in 2012 where Stanley was just 28 and the youngest entrepreneurial mind in that meeting where the former president Goodluck Jonathan and the former finance and coordinating minister, Dr Ngozi Okonjo Iweala, were among other personalities in attendance.

The history making event which took place at the Heirs Holdings’ head office, Ikoyi, Lagos was spiced up with a colorful presentation of achievements by the chairman, Stanel Group who wishes to show appreciation to Elumelu and also to acknowledge his mentorship.

In his presentation, the chairman, Stanel Group and popular philanthropist, Stanley Uzochukwu, noted that those inspirational words that triggered his vision were “believe in yourself……,” “only entrepreneurship can create opportunities where non seemingly exist” among others.

“Those words sunk into my head and motivated me to press further into investing in the oil and gas sector,” Stanley said.

Uzochukwu also disclosed that “Stanel Group is one of the fastest growing companies in the oil and gas industry as a result of those inspirational words.

“Since inception in 2011, Stanel Group has expanded and diversified into rendering other basic services within the sector.

“Stanel Oil is not only rendering services but now also offering its products ranging from high standard and customised gas cylinders in different sizes affordable even to the poor, Stanel Engine Oil and Stanel tires that can now compete with any standard in the world.”

Congratulating the young billionaire on his impressive achievements and speed of success so far within the space of 6 business years in the highly competitive industry, Elumelu commended him for his burning passion to make a difference in his generation at his early age.

“Stanley, I like your humility. You are humble and I am proud to be your mentor as you have proudly identified with me as my young mentee.

“You started very young and you have gone this far because you are focused, passionate, disciplined and determined.

“My advice for you is that you should remain focused, futuristic, determined and above all keep your discipline and integrity.”

chimere66:
Earlier today I shared the story of Sarah, a 60yr old woman who got married for the first time. Below are her photos with the man who married her as shared by photographer Oluwadabest


Source: http://www.trezzyhelm.com/2017/02/see-man-who-married-60yr-old-lady-that.html

stephenduru:
Below are the names of Nigerians/celebrities that will participate on Monday 6th February protest as shared by Cool FM Abuja.....

'Celebrities who will be at the Pro-NIGERIA Protest on Monday 6th February:
.
1. 2baba Idibia (Tuface)
2. Charlie Boy
3. Wizkid
4. I go die,
5. Olamide Badoo
6. Burna Boy
7. Soildstar
8. Daddy Shokey
9. Davido
10. Maverick
11. Kate Henshaw
12. Rugged Man
13. Arewa Celebrities
14. Daniel Wilson
15. Comrade Warigbani Ezekiel
16. Yemi Alade
17. Ice Prince
18. Tekno
19. Timaya
20. Joel
21. Selebobo
22. MI Abaga
23. Terry G
24. Gabriel Afolayan
25. Seyi law
26. Lanre Olayinka and others'

cc; Lalasticlala,mynd44

Source: http://www.trezzyhelm.com/2017/02/see-full-list-of-nigerian-celebrities.html

gidimasters:
20k likes page for sale...
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LatestAmebo:
Femi the eldest son of Afrobeat legend Fela Kuti – says he’s not in support of 2face Idibia’s nationwide protest planned for Monday, February 6.

Amidst his weekly performance at the Afrika Shrine last night, Femi disclosed 2face had come to him to request the use of the Kuti’s historical venue on Sunday, February 5, while they prepare for the widely reported protest march.

‘I hear say they want to do protest here, they even choose the day Sunday, Sunday is my day,’ he started.

‘So I was thinking, 2face say some people come meet am say make he broadcast am, so no be him sit down for him house com plan am, I for no vex.’

‘Who be the people wey come meet you?’ he questioned.

He stated that there’s something ‘fishy’ about the protest because they planned a ‘coup’ in Nigeria without him and they decided to use the Afrika Shrine.

Femi added that they want to ‘scatter’ his venue because it’s ‘bubbling’, and it may prompt the federal government to close down one of their most valuable properties.

He assured his fans that it won’t happen because he’s not a ‘foolish man’.

Millions of Nigerians are expected to leave their homes, workplace and families to be at the National Stadium in Surulere on Monday morning as they walk through to the National Theatre in Lagos to protest against bad governance in the country.

http://thenet.ng/2017/02/femi-kuti-condemns-2faces-planned-nationwide-protest/

spymybox:
Payment Options
When we asked entrepreneurs if they wanted a comprehensive course on how to import from China, they all said yes. The biggest concern they had was payment. How should they pay their supplier. So we decided to make The truth is that there are many scammers online. And at the end of the day the only real way to protect yourself is to develop a relationship with your supplier and have that trust. Because let’s face it, if you send 10,000 USD to a supplier half way around the world, what is really stopping them from taking you money and disappearing?

A key rule is to always purchase a small order first. Do a test payment to see how the suppler handles the orders. Make sure you do your background check and verify them as a legit supplier. Here is a list of of payment methods you should use when making payment overseas.

PayPal


You may think that people who don’t have PayPal are scammers. The truth is that it is kind of difficult to open a PayPal account in China. But many supplier do accept it. so if you can find those suppliers you are good. PayPal is great because they have an awesome depart for scams and you can open up a dispute. While you may not always win, you are more protected with PayPal then sending a money order or doing Western Union. They have shifted more to a buyer friendly structure. So the power is on your side.

Escrow

What is escrow? With escrow you send the money to a 3 rd who holds the funds. the funds are only release when you confirm that y0u have received your items and they are satisfactory. This is the safe payment method because you pay when you get your product. AliPay is Alibaba’s escrow service. I have used it a couple times to get some watches and to do big order of adhesive collar strips. No problems.

If a supplier doesn’t do escrow or just accepts Western Union or Money Gram, it is possible you can pay and not hear from them again. If someone is selling you Beats by Dre and you can only pay them with wire transfer, you are going to get scammed. No if, ands, or buts about it. For one they should n’t be selling a branded product and not wanting to give you that extra layer of protection is a sure tell sign of a scammer.

Wire Transfer


So with this method of payment you are send money from your bank account to a supplier’s bank account. Sounds a little fishy? Well it depends. To start if offers NO protection from scammers.

You should only do this with suppliers you trust. When we did the Alibaba Crash Course, I had a chance to interview Ajit Nawalkha of Mindvalley Productions. He imports and manufactures for people. He said that he does wire transfers with suppliers now who he has done business with for long periods of time. The wire transfers are automatic.

These transfers take 3-5 business days and the transfer fees with vary from bank to bank. Fee will vary depending on your bank. You should alway be sending money to a business account, never a personal one.

Credit/Debit cards


Think of this as another layer of protection. Its one of the safest ways to operate. Why? Because you are using other people’s money. And banks don’t play about their money.

Chinese companies may be a little hesitant, but American companies usually won’t have a problem with it. Legit companies who accept credit cards, more than likely haver a merchant account and had to go through verification to get it.

There are a couple reasons you may want to use credit cards when dealing with suppliers. One is the added layer of protection. If you use this with PayPal, you have two layers of protection. Most companies will do a charge back if something goes wrong with your order. So the advantage is on your side. next advantage is that you can use points. Edmund recently realized that he has tons of points from all the order he has made over the years.

Taxes
Look out for taxes when importing from China. Like regular income taxes, you can be so caught up that you “forget” it. The taxes you will deal with

Import Duty
A tax collected on imports and exports by Customs of a country. It is based on the value of goods or the weight, dimensions, or other criteria of the item such as its size. It is also called tariff or import tariff. This tax is used to raise state revenue.

These import duties vary based on the product. Check the rates with http://www.dutycalculator.com/

Value Added Tax (VAT)
A type of consumption tax that is placed on a product whenever value is added at a stage of production and at final sale. Value-added tax is most often used in the European Union.

Here is an example. A computer is built by a company in Europe the manufacturer is charged a value-added tax on the suppliers purchased to produce the computer. Once the Computer reaches store display, the consumer who purchases it must pay the value-added tax. VAT is the value of the good + the shipping + the import duty.

The purpose of VAT is to generate tax revenues to the government similar to the corporate income tax or the personal income tax. A VAT is like a sales tax the consumer sees. It differs from the sales tax in that, with the later, the tax is collected and remitted to the government only once, at the point of purchase by the end consumer. This tax is paid every time an order is made.

To put it in to perspective, VAT was implemented in China in 1984. In 2007, the revenue from VAT was 15.47 billion yuan ($2.2 billion). It made up 34 % of China’s total tax revenue for the year. Thats a lot of cash!

Sources: Wikipedia and Investopedia

http://chinnko.com/index.php?u=/topic/159/how-should-you-pay-when-importing-from-china

agricexport:
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iamGraced:
True that...thank u

sugarbelly4:
Ex-Minister’s Son Arrested For N1.2bn Fraud Looking Distraught In Court

The Economic and Financial Crimes Commission, EFCC, on Wednesday, February 1, 2017 arraigned Shamsudeen Bala, son of a former Minister of the Federal Capital Territory, Senator Bala Mohammed before Justice Nnamdi Dimgba of the Federal High Court, Abuja, on a 15-count charge of money laundering to the tune of N1.2 billion.

This thief must be adequately punished to serve as a deterrent to other corrupt politicians.
[img]http://1.bp..com/-gkag3YvGI6c/WJL5uVU5T3I/AAAAAAADabs/a6cctISoDJkIVSZrZDlAiOfIvS43pJXXwCLcB/s640/16425782_1330464706976016_6015704152425023470_n.jpg[/img]

[img]http://1.bp..com/-CSAsnW2fJqM/WJL5uu-q77I/AAAAAAADabw/s3in1aLHChIPy0xVst9QyQdCpd8hs3JjgCLcB/s1600/16387119_1330444553644698_2881451073624132234_n.jpg[/img]

Source: http://www.latestamebonaija.com/2017/02/the-economic-and-financial-crimes.html