Category Archives: Business

“The Secret Revealed: 1 NGN Can Equate 1 USD If Nigerian Government Can Do This”

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FG Hands Over Apapa Road Design To Dangote, Raises Trailer Park Cost To N9.55bn

The Federal Executive Council (FEC) wednesday said it had completed the design for the reconstruction of a major part of Apapa-Oworonshoki expressway in Lagos meant to be concessioned to Dangote Group and consequently handed it to the company.

The council also approved the augmentation of the contract cost for the construction of trailer and truck park on Tin Can Island in Lagos from the initial N8.66 billion to N9.55 billion.

Minister of Power, Works and Housing, Babatunde Fashola, who made the disclosure while briefing State House correspondents at the end of the weekly FEC meeting in the State House, said the truck park project which was part of the move to ease acute traffic crisis along the collapsed Oshodi – Apapa express way, would be completed this year.

“The Ministry of Power, Works and Housing presented only one memo – a memorandum seeking the augmentation of the price due to the need for increased scope of work especially shoreline protection of the Tin Can Trailer and Truck Pack, which is almost finished.

“It is an ongoing project. We sought council’s approval to augment the price from N8.66 billion to N9.553 billion which was an augmentation of N892.177. 289 million. We expect that truck pack will now be completed this year and it will be one of the many multi-prong efforts being pursued to give relief to the Apapa area, to facilitate vehicular truck and trailer movement and also maritime and import and export business and general economic activity for Apapa in particular, Lagos at large and the country as a whole. The memorandum was approved,” Fashola said.

Fashola who also provided clarification on the planned concession of the reconstruction of some parts of Apapa – Oshodi express way as well as Ijora end to Wharf Road, disclosed the planned collaborative reconstruction agreement between Dangote Group, Flour Mills and Nigeria Ports Authority (NPA) as their corporate social responsibility. He also highlighted the challenges posed by the move.

According to Fashola, the portion conceded to Dangote Group for reconstruction between the Apapa Creek Road and Coconut bridge had been designed and handed over to the Dangote Group, explaining that the next move is to go for procurement and eventual FEC approval before the eventual kick-off of the reconstruction.

He said: “I think road development is clearly the mandate of the Ministry ofPower,Works and Housing, especially the work sector by legislation. There is multi-agencies’ collaboration. The Nigerian Port Authority, the Apapa Port, Tin Can Island that are critical to the economy are affected. So, there is multi-agencies’ interaction and that is what we have been having really and truly.

“You will recall that I briefed you about a four-kilometre stretch between the bridge from the Apapa Police when you are coming from Ijora, just to the junction of Point Road right through to Wharf Road, to the entrance of the Apapa Port. That is the stretch that the Dangote Group, the Flour Mills, and the NPA agreed to do as Corporate Social Responsibility as soon as possible. That is going on. It is a problem because after the works started, we found that the gas lines that supported most of the industries there and keep them in operation were within the right of way.

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“Now we are faced with two choices – relocate the entire gas line which will cause a lot more in terms of relocation of services and reinstallation which was essentially outside the scope of what was a donation to them or to change the alignment of the road so that we don’t damage that gas pipeline.

So, that is what we are dealing with and those who know will tell you that construction in built up areas like where vehicular traffic has to also pass through – cargo gas to move in and out of the port – is not a construction that is always easy to do because we can’t shut down as it were.

“The other side from Creek Road, Liverpool Road to the Coconut Bridge Tin Can Island part, is the part that is going to be concessioned to the Dangote Group which showed interest to take it over, build it under the tax credit scheme of the federal government. That requires first a design so that we can know what the quantities are.

We have finished the design. We have handed over the designs to them. It also requires for them to get their engineers to say this is the price of this item or that item. And then, we will now go to the Bureau of Public Procurement (BPP), fix the price because it is public funds, even though they are advancing the money, they are going to claim it back.

“So, we are at that process. We have finished the evaluation process on the sections involving Liverpool Road and the first five kilometers out of the Tin Can. So, as soon as we get BPP approval, we will come back to FEC because this is public fund for which they will claim tax credit back. So, we might as well get the price right,” he stated.

In his own briefing, the Minister of Budget and Planning, Udo Udoma, said in pursuit of the implementation of Economic Recovery and Growth Plan (ERGP), the government is organising a focused laboratory in March with a target of $25 billion investment.

According to him, the programme will bring in investors with focus on specific sectors such as agriculture, transportation, power, manufacturing and processing, pointing out that a number of federal ministers will be brought on board to drive the programme. He also said the move is aimed at generating a significant sum of money for domestic investment.

Vice President Yemi Osinbajo had while inaugurating a Nestle project in Agbara, Ogun State last week announced the plan of the government to generate $24 billion from focused laboratories on the implementation of ERGP. The vice-president had also stated that the planned project would generate 150,000 jobs.

Udoma stated that the ongoing implementation of ERGP is yielding positive results as evident in the increasing level of capital inflow, improved foreign reserve which he said now stood at over $40 billion while inflation has continued to trickle down.

According to Udoma, the development only shows that all indices of a growing economy are visible.

Presidency in tears as Nigerian stock market loses N370 billion on Tuesday

The Nigerian Stock Exchange (NSE) on Tuesday sustained seven-day falling streak with the market capitalisation shedding N370 billion in one day.
The News Agency of Nigeria (NAN) reports that the market capitalisation lost N370 billion or 2.41 per cent to close at N14.967 trillion against N15.337 trillion achieved on Monday.
Similarly, the All-Share Index which opened at 42,737.89 lost 1,029.74 points or 2.41 per cent to close at 41,708.15 following huge losses by some highly capitalised stocks.
Some financial experts in an interview with NAN attributed the persistent loss to decline in global stock markets, especially in the U.S. and Europe, contributed to the bearish trend in the market.
Dr Uche Uwaleke, the Head of Banking and Finance Department, Nasarawa State University Keffi, said investors reactions to the global stock market trend led to sell pressure on the exchange.
Uwaleke said drop in crude oil price following increased supply and profit taking by investors in respect of over-priced stocks, particularly those of tier 11 banks contributed to the development.
He said relative uptick in returns from money market securities led to movement of funds from capital market to the money market securities.
Prof. Sheriffdeen Tella, Professor of Economics, Olabisi Onabanjo University Ago-Iwoye, Ogun said the bearish trend was expected because the stock market usually reacted to economic conditions.
“This is New Year and the budget is yet to be passed, so money is not yet being released and people need to buy lots of things.
“Fortunately, the market was bullish recently such that the values of shares went up making it possible for profit taking,” he said.
Tella said the bearish trend would bring new opportunities for new investors as well as old ones who would want to adjust their financial portfolio.
He said that these investors would go the market shortly to take advantage of the lower prices of shares.
“We will start seeing bullish activities in the market again.
“It is the nature of the market to facilitate between bullish and bearish swings as dictated by market forces,” he said.
An analysis of the price movement showed that Nestle recorded the highest loss depreciating by N40 to close at N1, 320 per share.
Dangote Cement trailed with a loss of N13.30 to close at N258.70, while Nigerian Breweries dipped N5.20 to close at N127.80 per share.
Guinness was down by N5 to close at N105, while International Breweries depreciated by N2.50 to close at N57.50 per share.
On the other hand, Lafarge Afeica led the gainers’ table growing by N1 to close at N51 per share.
Zenith International Bank followed with a gain of 60k to close at N30, while Berger Paint gained 45k to close at N9.45 per share.
Access Bank increased by 45k to close at N12, while Dangote Sugar Refinery advanced by 30k to close at N21 per share.
The banking sub-sector was the toast of investors with Diamond Bank emerging the most traded, trading 67.69 million shares worth N181.14 million.
FCMB Group followed with an account of 49.22 million shares valued at N126.18 million, while Fidelity Bank sold 42.78 million shares worth N129.55 million.
United Bank for Africa traded 39.16 million shares valued at N437.59 million, while FBN Holdings exchanged 32.59 million shares worth N358.64 million.
In all, the volume of shares traded closed lower with an exchange of 470.52 million shares valued at N3.68 billion transacted in 6,309 deals.
This was against the 517.44 million shares worth N5.19 billion traded in 5,852 deals on Monday.

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Naira Crashes Against Dollar

The Nigerian currency, Thursday depreciated to N360.4 per dollar in the Investors and Exporters (I&E) window of the foreign exchange market.

Data from the Financial Market Dealers Quote (FMDQ) showed that the indicative exchange rate for the window rose to N360.40 per dollar, Thursday, from N360.21 per dollar on Tu

esday, indicating a 19 kobo appreciation of nai

Meanwhile, the volume of dollars traded in the window rose by 2.3 per to $170.46 Thursday from $166.58 million on Tuesday.

The naira also fell by N1 in the parallel market as the parallel market exchange rate dropped to N363 per dollar Thursday from N364 per dollar on Wednesday.

Again, Petrol Prices Go Up

See a Biafran Man, Okeke, Who Buys Arnold Schwarzenegger’s Bugatti Worth $2.5m

Biafran Man, Okeke,Buys Arnold Schwarzenegger’s Bugatti For $2.5m

Obi Okeke, popularly referred to as Doctor Bugatti, has purchased Arnold Schwarzenegger’s Bugatti Veyron for $2.5m

According to TMZ, the Bugatti dealer has intentions to resell the vehicle.

The Bugatti Veyron 2015 model goes 0-60 mph in 2.5 secs and has only had about 1,000 miles on it.

Punch reports that Okeke was the one who sold a similar whip to heavyweight champion, Floyd Mayweather, and he seems to be on the lookout for a buyer for his new ride.

“When you’re in the business for as long as I’ve been, you meet a lot of people,” Okeke said in 2015, according to the Business Insider.

“When I came here, people knew about me. I’ve been very fortunate to build a deep client database for finding cars.”

Igberetvnews learnt that Mayweather had purchased at least 40 cars from Okeke, including Koenigsegg CCXR Triveta for $4.8m, the Business Insider said in 2015.

Busted!! See The Yahoo Plus Guy That Killed Osun Slay Queen, Classic White (Photos)

BREAKING!! Innoson Boss Exposes GTBank And EFCC(This Will Shock You)

Customer Hacks Unity Bank System, Steals N23 Million With ATM Card & This Happened

OAP Stephanie Coker’s Hubby Arraigned For Fraud, Hides Face With Handkerchief (Photos)

Chima Anyaso Conferred With Forbes’ African Achievers Award 2017 in London (Photos)

 
Businessman, philanthropist and managing director / chief executive officer of Ceecon Energy Oil and Gas LTD, Dr Chima Desmond Anyaso has been recognized in London by the Forbes rated Africa Achievers Awards for his outstanding service to humanity.

Buhari’s Interference In CBN Operations Led To Recession – ex CBN Boss

A former Deputy Governor of the Central Bank of Nigeria , Prof. Kingsley Moghalu , on Thursday said the level of political interference by the FG in the operations of the apex bank was a major reason why the economy went into recession .

Ranking of Economic Viable States In Nigeria (See Where S’East States re Ranked)

State Viability Index; 36 States Generate N801bn IGR Against N2.6trn from FAAC

… Economic Viable States: Lagos, Ogun, Rivers, Edo, Kwara and Delta States
… Poor IGR States: Borno, Ebonyi, Kebbi, Jigawa

The Economic Confidential, the award winning Economic Intelligence Magazine, has released its Annual States Viability Index ( ASVI) which shows that fourteen States are insolvent as their Internally Generated Revenues (IGR) in 2016 were far below 10% of their Federation Account Allocations (FAA) in the same year.

#MadeInAba: Why Ikpeazu is Aggressively Promoting Aba Products – Okiyi Kalu

By: John Okiyi Kalu

1. To spread prosperity in Abia State

Neither the Governor nor any of his close family members have shoe making factory, tailoring outfit or metal fabrication business. If you see any of the above belonging to the Governor or his close family members please feel free to confiscate it by any legal means possible.

Apple Begins Sale of Robot Built By Nigerian-Born Engineer (Photos)

Apple stores in the US and UK have begun the sale of MekaMons, a gaming robot built by Silas Adekunle, a Nigerian-Briton.

Adekunle, an engineer, graduated with first class honours from the University of the West of England in Bristol, with a bachelor of science in robotics technology.

He was born in Nigeria but moved to the UK when he was 11 years old.

Biometrics To Replace ATM Cards Soon – CBN

The Central Bank of Nigeria (CBN) says biometrics will soon be used for transactions on the automated teller machine (ATM).

Pin codes are currently being used.

Just In!! Dangote To Open $500m Cement Plant In Congo

FG Revokes Residence Permits Of Expatriates In Atiku’s Intels

The Comptroller-General of Immigration, Muhammad Babandede, has revoked the residence permits of the expatriate workers in six companies, including Intels Nigeria Ltd., said to belong to former Vice President Atiku Abubakar.

The affected workers were also directed to leave the country before November 30, 2017 failing which they may be deported.

See 3 Effective Networking Tips Every Business Owner Needs To Know


When it comes time to networking, some business owners struggle with that end of the spectrum. It doesn’t come easy to everyone and that’s why the Internet is great and reading this blog post will be great. Oh I almost forgot the Internet is also great for learning about the best popcorn kernels.
Going forward you will learn about some key tips to help network your business and how to carry on networking your business down the road.
Remember, you can’t reach out once and think that your business is going to take off- it might and you would be very lucky but most businesses need to keep up with their network in order to be successful. It’s fun and you could help others out just like they will help you!
Create A Pitch
It’s important as a business owner to be prepared and know what you are talking about. Understand the concept of networking and how interacting with other likeminded individuals will pay off down the road.
When creating an elevator pitch , it’s basically knowing off the bat- who you are, what your business is all about, how you can help as a business owner and what your business values.
This pitch should take no longer than one minute. You basically have one minute to explain to a new client or customer how great your business is. The worst thing that could happen is a new client asks you a question about your business and you don’t have the answers too.

Of course it depends on the complexity of the questions, but if you know your business from top to bottom like most business owners do, than networking and coming to terms with a good pitch should not be a problem.
Trade Shows & Business Conferences
AMPER International Trade Fair, Romanian Business Exchange
Attending trade shows and business conferences is another great way to get yourself out there and surround yourself with other like minded folks. It’s all about making good connections and putting yourself in a place with other entrepreneurs, will allow you to communicate business.
Investing in a booth at a trade show is great too because it shows that you are a serious business owner. It will allow you to showcase your business and give you a chance to speak about it to others who are interested.
Business Cards

 

As a business owner, the one important thing you should never leave home or the office without is a stack of business cards. You never know who you will run into and might need your products or services. Also as part of networking, you should get use to talking to as many people as you can and slowly transition into what it is that you do.
If you attend a business conference or a trade show it’s essential that you have enough business cards to hand out to thousands of people that might stop by!
Business cards have your contact information so people can get ahold of you and find your location. If you do not have a business card for your business I would recommend getting some made quick.
You can make your own business cards online and I would recommend ‘Vistaprint’ for good templates and fast shipping! You can also buy cups and pens and other branded merchandise for your company as well. Why not give away some pens with your brand on them at the trade show? It’s all up to you how you want to differentiate yourself from your competitors.

“I am The Happiest Man In The World”, Says ex N’Delta Militant (See Why) PHOTOS

One of the beneficiaries of the Niger Delta Presidential Amnesty Programme has said that he is the happiest man in the world after receiving his first set of goods recent.

Taiwo who is a former Niger Delta militant; trained at the songhai Farm in Rivers State, and set up in Okrika, Rivers State – has started reaping the fruits of his Labour as he has just got his first set of eggs..

Forget Viagra!!! If You Want To Last Hours In Bed.. These Fruits Are The Answer (Photos) I8+

 

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FROM ‘2 MINS MAN’ TO ‘SUPERMAN’: EDO MAN REVEALS HIS SECRET ON FACEBOOK (100% TESTED)… EVERYMAN NEEDS THIS!

FORGET VIAGRA!!! IF YOU WANT TO LAST HOURS IN BED.. THESE FRUITS ARE THE ANSWER (PHOTOS) I8+

It feels so bad when Madam is still enjoying it and you are already done.
If feels even worst when Madam needs it and your organ is there looking at her like an over ripe banana.

Worst still, you manage to gain an erection, only to cum in two (2) minutes and your sperm so watery.
Madam may not tell you, because she does not want you to feel bad. But, she will appreciate it, if you can give her orgasm for once.

Make your woman HAPPY.
Treat her well. Satisfy her.
Every woman deserves a real man that can give her orgasm.
Help her not to cheat on you, whether secretly or with your knowledge.

In doing all the above, You don’t need to live on drugs. Take care of it naturally, once and for all.
Do you know that Bitter Kola and some natural roots blended together can do wonders for you as a man?
Bitter kola is one of such fruits which can be eaten raw and still benefit from its high nutritional content. It can help in  the treatment for low libido, low sperm count, erectile dysfunction, arthritis, reduction of eye pressure, treating hangover, if properly combine with other roots.

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Such a fruit should not be taken for granted.
You can read more about bitter kola on Google.

MR. FLEX Herbal Tea is a mixture of bitter Kola and other fruits, nuts and plant roots. Highly potent!

Nature has it all. Use our natural product “MR. FLEX Herbal Tea”, a combination of natural fruits and roots, to take care of:

* Weak organ (Low Libido)
* Low sperm count
* Premature Expulsion
* Watery Sperm
* Impotency / Infertility
* And any other erectile dysfunction.

TESTED AND CONFIRMED BY IGBERE TV DIRECTOR, EMEH JAMES ANYALEKWA  (facebook.com/emehjames )

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Produced and Marketed by VICOMO Research Laboratory and Herbal Therapy Nig. Ltd.
+2348075953129

Whatsapp: +2348075953129
our  Uyo Office @ 28B ITU ROAD OFF IKPA ROAD BESIDE CONFIDENCE ESTATE University Of Uyo Akwa-Ibom State.

NOTE: For treatment of infections, you need to first go for a lab test to confirm the particular infection you have. Then contact us for your treatment.

Steps On How To Take This Product:
1. Get MR FLEX Herbal Tea.

2. Get a clean glass of water.

3. Pour water on the glass (half level).

4. Bring out content from the pack.

5. Empty content into the glass of water.

6. Stir content with a clean table spoon.

7. Drink up content and you are good to go!

Question: Does your product(MR. FLEX Herbal Tea) has any side effect?
Ans: Bitter kola is used in the preparation of herbal drugs either as a nourishment, a supplement or a herbal remedy.
It does not have any side effect.
However, If a patient on medication chews bitter kola, it will make the drugs ineffective but aside this, there is no other side effect. Bitter kola has lots of health benefits, like the treatment of cough, sneezing etc.
Likewise, there has been no recorded side effect to the regular intake of MR. FLEX Herbal Tea (which major component is Bitter Kola), it is all round medicinal.

Question: How do I get this product?
Ans: You can either meet us one on one or Call us on: +2348075953129 , and we will bring it to your desired destination.
Question: How much does it cost?
Ans: #500 per sachet.

This product starts to take effect 20 minutes after use.
NOTE: You don’t need to be running around looking for a woman. It absolves very well in the body and comes to play when you are ready for action. You will either excrete or urinate the ones that the body does not need. Man is nature, nature is man. That makes the difference.

* You can also take MR FLEX Herbal Tea for enjoyment. That is taking a sachet 20 to 30 minutes before sex. It helps your organ to gain erection to the normal size. You may not know the real size of your organ until you take a sachet of it. It brings out the best in you.
It also gives you extra energy to carry on and helps you to last longer than ever.
If you check the number of views of this topic, you will know that we have been putting smiles on people’s faces. Just that some people are shy to come out and testify. Maybe, you will be willing to attest to the potency of this product after use.

This is how we deliver it, very private (In an envelope).
Below is a confirmation text from God is Good motors (GIG Logistics) on the delivery of our product to a customer in Ikotun, Lagos. We also send to all parts of the world through NIPOST.

This Herbal Tea is Wonderful. Test and testify!

All our products are HYGIENICALLY packaged.
We appreciate all your feed backs through phone calls and on WhatsApp. We will appreciate it more if you come back here to testify of the potency of our product, so that others can have confidence in us.
More families are enjoying our herbal product. There has been nobody that has used our products and ever complained. All we get is appreciation.I have my real face there and my phone number, so, you can meet me one on one. Even if there are products that look like mine, I don’t care. That is business. We have many banks: Diamond and Access Bank accounts and others and they are all doing well. It now depends on the customers to make there choice. I am still in business because of the potency of my herbal product. Use MR FLEX Herbal Tea and testify the next day.
NOTE: 1. A sachet of our highly potent HERBAL TEA is #700 Per Sachet; N6000 for Half Pack of 10 sachets and N10,000 for full Pack of 21 Sachets (THIS IS THE PROMO PRICE. THE MARKET PRICE IS N14,000)

VERY IMPORTANT: WHEN U CALL OR WHATSAPP: INDICATE YOU SAW THE ADVERT ON IGBERE TV SO THAT YOU WILL ENJOY THE PROMO PRICE OF N10, 000. IF NOT, YOU WILL PAY N14,000.
2.The complete dossage is 21 sachets, to be taken for 20 days. The first day 2 sachets : 1 in the morning and 1 in the evenings. The rest 19 days, 1 sachet each after meal.
3. You only pay for 20 sachets and we give you the last one for FREE.
4. With our New Arrangement With God is Good Logistics and other Parcel delivery service provider, it is now easier and faster to pick up shipment (parcel).
5. Others without any challenge can to take 1 sachet 30 minutes before action time, for enjoyment and for a wonderful performance. Such a person only need to take it when he wants to give Madam a treat.

Testimonials

After taking this herbal tea, Madam will ask you : “Where is this energy coming from?”
That is how they want it.

There are so many ways to say thank you.

A customer ( now a friend), who bought the herbal tea in August, came back in October to wish me a Happy New Month.
What do you think?

A customer used the tea and after two weeks, he decided to get for his friend.Do not be left out.Give it a try!

“Mr. Flex Herbal Flusher is a flisher indeed.”

These are the words of a customer who used our herbal flusher.

We do not disappoint!

We are reliable!!

We always deliver!!!

The testimonies keep coming in…
They are endless…

Eat well, rest when necessary and exercise moderately.

Another successful delivery to Canada.

There is nowhere in the world our herbal tea can not get to.

Our Herbal Flusher also does wonders.
It purges your system of some bacteria and toxins.
It makes you system to be receptive to treatment.

Another successful delivery through GIG Logistics.

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some call it man power. But, we call it the FOOD for the male organ.

This 100% natural herbal tea, with no side effect, can be taken evening without having love.

The body absolves it very well and the part the body does not use is either excreted or urinated.

Another successful delivery to the UK.
Big thanks to all those who still believe in African Herbs.

We promise to keep all our products healthy and also maintain the potency.

This tea is not only for those who have challenges.

You too can confirm the potency of this tea and give madam a treat and an extra pleasure.

If after two (2) months, they remember to send you a Happy New Month Message, you know that they enjoyed the product.

What can you say to this?

When it comes to product and quality delivery, trust us to always give you the best!

Me and my customers.
Just a little delay in delivery this customer was already worried.
There are some locations that can not get their parcel same day. It has to be the next day. Please , bear with us.
Thank God you got it at last.

Anyway, sorry for the “one day delay”

No gift is too small .

See what God is Good Logistics gave to us as a loyal customer.

Some deliveries we have done today (May 20 2017)

Another deliveries we have done today (May 20 2017)

Another parcel delivered to UK

Q/A

This is my 1st time of visitin your page. Though i have never used any of these stuffs for sex due to side effects i hear about taking drugs for sex. so i have 3 questions for u: 1) Are u really sure that ur product has no side effects? 2) if after taking d herbal tea and suddenly my woman is not around, will my joystick not rise beyond imagination and lead to problems? 3) pls i will like to start by buying the flusher so as to clean my system. pls hw much is it?

I will take your questions one after the other.
1. It does not have any side effect.
2. It does not disturb. It can be taken whether madam is around or not. It comes alive when you think of something related to that stuff.
3.The flusher is 3,000. It can only be taken once in six (6) months.

If you have more questions, contact us on whatsapp on 0807 595 3129 or call

we will reply you asap

If you re still in Doubt, this is for you:

IGBERE TV DIRECTOR, EMEH JAMES ANYALEKWA HAS ENDORSED OUR PRODUCT AFTER TESTING IT. HEAR HIM BELOW:

Hello, I am Emeh James Anyalekwa, The Executive Director of Igbere TV and Special Assistant on Media to Former Governor Orji Uzor Kalu.

I have tested FLEX HERBAL TEA and I confirm it does what it claims. Infact, the result is unbelievable. It works like magic.

Honestly, I recommend it for all our married readers.

To protect our loyal and esteemed Fans, we have also put in place another layer of security. When you order for the Tea, you don’t pay directly to Mr Flex. You pay to my accounts ONLY: 0034***696 James Anya Emeh Diamond Bank or 0038***279 James Anya Emeh Access Bank… I will forward the Money to Mr. Flex after you have confirmed receipt of the product.

 

Dangote’s Son, Heir To His Wealth And Fortune Revealed (Photos)

Who is Aliko Dangote’s first son? Find out the heir who inherits the companies and properties of Africa’s richest business man, Dangote in this write-up.

Aliko Dangote has a son whose name is Abdulrahman Fasasi. It is said that he is not the biological first son but he was adopted by Dangote. As you can see that he doesn’t bear the name of Nigeria’s richest man.

Woman Walks Around Completely Un*cl@d In Office; Her Reason Will Shock You (Photos) I8+

People have reacted with anger after footage emerged of a woman parading around her office Uncl@d to ‘boost morale’. The stunt at a call centre in Warsaw, Poland, is believed to have been set up by her boss because she wanted to motivate her staff. Wearing nothing but sunglasses and boots she went around the office in scenes reminiscent of the Wolf of Wall Street.

Abia to Partner with CBN on Accelerated Agricultural Programme

Governor Okezie Ikpeazu has described agriculture as a viable tool that can end the unemployment challenge of the country by creating jobs for the army of unemployed, put food on the tables of Nigerians and cause rapid economic development.

Another Northerner Grabs Strategic Appointment as Waziri Named MD For CSCS (Pics)

Congratulations Haruna Jalo-Waziri on your appointment as MD/CEO of Central Securities Clearing System (CSCS)

 

CSCS is a strategic company of the FG.

Married & No Baby? Fibroid? Staph? Pile? etc, Dr. Flex Will Treat You FREE OF CHARGE!

 

 

You’re married and no child, you have tried everything and none is working.

You’ve gone to Hospital and your Doctor said everything is okay with you and your husband but the only problem is that you have Fibroid?

Smile, your problem is over. God will use Dr. Flex to set you free.

Just In! Bank Workers Pull Out Of Planned Nationwide Strike

Banking and insurance industries’ workers under the aegis of the National Union of Banks, Insurance and Financial Institutions

Naira Depreciates Against Dollar

Lagos – The Nigerian currency, naira, lost N2 to the dollar at the parallel market on Thursday.

Mascot Uzor-Kalu​ Charges Youths to Engage in skill Acquisition and Training

A prominent Investment Banker and Former Chief of Staff to the Abia State Governor, Chief Mascot Uzor Kalu has advised youths across the country to develop their potentials through engaging appropriate training channels. He made this remark during one of his mentorship sessions where he said that Nigeria is a land of immense opportunities. He told those at the gathering that everyone has an equal right to aspire for the top but that it requires training and preparation to get there. He called on them to consider areas such as Agriculture, Information Technology, Commerce and other viable industries.

In his remarks, he advocated that the institutions of higher learning have their place but people must take personal responsibility for their lives. He reminded the youths that some of the leading minds in the world such as Bill Gates and Steve Jobs were products of personal development. He charged the youths to take advantage of unique platforms to build their latent skills while tapping into the emerging windows in today’s world to create profitable businesses.

‘’The current perennial malaise in the education sector does not mean that youths should fold their hands till Universities are re-opened. You can count this as a blessing in disguise by seeking for alternatives that can help to advance your dreams. With the immense opportunities in the area of information technology, there is no limit to what anyone can do in today’s world.’’

Chief Mascot Uzor Kalu said that the economic relations that Nigeria has with many countries of the world mean that we can create goods and even ideas that can be profitably exported. He stated that the time of giving excuses for failure and redundancy is gone. He mentioned that it is only those who are able to see the future that can take the appropriate steps to get there.

Also, he reminded the youths that – ‘’Many of the great nations were built by the tireless engagement of youths who were determined to make their country better than the way they met it. We have the golden opportunity to begin to dream great dreams and work at actualising them. I know that Nigeria has one of the highest numbers of human capital in the world. We can keep trading this advantage in order to properly re-position the country politically, socially, economically and in other areas.’’

He harped on his love for the youths and his commitment to see that they fulfill their potential. Chief Mascot reiterated the need for everyone in leadership to keep modelling noble ideals that the youths can emulate. He said that most young people can thrive once they get the deserved support from people they admire and look up to.

In a similar vein, he reiterated his desire for the industrial action taken by University authorities to be amicably resolved. He tasked the Federal Government to work at building lasting solutions that can restore dignity back to the education sector. He mentioned that Nigeria can imbibe the systems developed by countries that have some of the best institutions in the world.

He ended his charge with the famous words spoken by the Former Prime Minister of Great Britain, Sir Winston Churchill. The words were spoken during one of the most challenging seasons in their nation’s history; Great Britain at the time was in the middle of the World War. He said – ‘’Young Men, Never give up. Never never never. Never….Never!’’

PDP Financier Emeka Offor Is Broke, Shuts Down Company

The fall of the Peoples Democratic Party at the centre appears to have devastated the fortunes of several politically-connected businessmen who, as once suggested by former President Olusegun Obasanjo, mostly relied on the then-ruling party for government contracts.

One of such billionaire businessmen, Emeka Offor, has indicated that he is broke, just over two years after the PDP left power.

In the build-up to the 2003 general elections, Mr. Offor was reported to have donated N200 million to the Obasanjo/Atiku presidential re-election campaign. During the heat of the Obasanjo-Atiku feud in 2006, the Atiku Media Office in a statement by Garba Shehu, now President Muhammadu Buhari’s spokesperson, said a special account to finance the PDP presidential re-election bid in 2003 was managed by Mr. Offor.

Known for his interests in oil, gas, power and construction, the businessman and politician got juicy federal contracts, many barely executed, while the PDP reigned for 16 years.

But despite the massive wealth many Nigerians believed he amassed in profit from various contracts, Mr. Offor is now indicating he is broke, suggesting that his main cash cow, Chrome Oil, has suffered downturn since the coming of the All Progressives Congress to power in 2015, according to correspondences seen by PREMIUM TIMES.

Some staff members of the company, in a letter written on their behalf by their lawyer, Femi Falana, say they are being owed N1.14 billion, representing outstanding salaries and wages between September 2016 and August 2017.

They also accused Mr. Offor of failing to remit their tax and pension deductions, an act they described as unethical and criminal under our laws.
They demanded that “all pension deductions and contributions from July 2015 to August 31 2017 totalling N244,172,464.80 be remitted to their respective pension fund administrators,” the letter said.

Similarly, they demanded “that all PAYE tax deducted from staff payroll from July 2015 to August 2017 totalling N153,775,382.58 be remitted” to tax authorities.

Then, “that the sum of N579,219,429.5 being the disengagement benefits” of the staff as at end of August 2017 be paid to their respective bank accounts.

But Mr. Offor blamed the “general economic meltdown and recession” for his company’s inability to meet its financial obligations to employees, saying his “businesses suffered frustration commencing from March 2015 and grounded to a halt in September 2015”.
Mr. Offor said the company had “no job to execute and closed office starting from September 2015”.
The PDP-led government left power in May 2015 after losing elections held in April.
Before PDP

While he started out in business with governments years before the PDP came to power, Mr. Offor got some of his most lucrative contracts under the PDP. He also became one of the party’s top financiers.
Under the Sani Abacha military junta in the 1990s, Mr. Offor’s Chrome Group was offered the contract for the Turn Around Maintenance of the Port Harcourt refinery. About that time, he led the Movement for National Stability to campaign for the late dictator’s ultimately futile bid to transmute to a civilian leader.

Reflecting on the condition of Nigeria’s refineries and Mr. Offor’s link, Mr. Obasanjo told PREMIUM TIMES in August 2015 that nothing came of the purported work done by the businessman, despite being paid.

“I explained that what I met were refineries that were not working, refineries that were given to an amateur for repairs, for maintenance, what they call turn around maintenance to the company of Emeka Offor – Chrome Group,” said Mr. Obasanjo.

“Where has Emeka Offor maintained refineries before? Where has he? That’s what we met. So, the