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Monday, November 18, 2013

9 Rules of Cash Flow

9 Rules of Cash Flow http://bit.ly/1fOQkiH http://bit.ly/1f8mvfz

http://bit.ly/1bUUQJY

How to Be Organised? Tips to Get Organised

Author: Daniel J. Hill (D-Funkdafied)Disorganisation is something you should really avoid throughout your whole life. But, the most important times to be organised are when you really need to relieve a lot of stress, save time and to feel better. Being well-organised is an essential quality to have during your exam period in school and further education. Your adult life will also need to be well-organised especially if you\'re an employee or an entrepreneur that actually wants to make an honest living and become successful. Or, maybe you just want to be organised for general and personal reasons. Either way, this article will help you understand the meanings of being well-organised and how to achieve it, CORRECTLY. 1. http://bit.ly/1f8myYG

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9 Rules of Cash Flow

9 Rules of Cash Flow http://bit.ly/1f8nRXA

http://bit.ly/1bUUOSy

How to Be Organised? Tips to Get Organised

How to Be Organised? Tips to Get Organised http://bit.ly/1f8nOLm

http://bit.ly/1bUURNY

Network-Marketing: How to Create an Asset

Network-Marketing: How to Create an Asset

http://bit.ly/1f8nRXK

9 Rules of Cash Flow

9 Rules of Cash Flow

http://bit.ly/1f8nOLw

Online Stock Broker - How To Find The Best Online Stock Broker

Online Stock Broker - How To Find The Best Online Stock Broker

http://bit.ly/1f8nP1T

9 Rules of Cash Flow

9 Rules of Cash Flow http://bit.ly/1fOQkiH

http://bit.ly/1f8mvfz

Online Stock Broker - How To Find The Best Online Stock Broker

Online Stock Broker - How To Find The Best Online Stock Broker

http://bit.ly/1fOQhnh

9 Rules of Cash Flow

9 Rules of Cash Flow

http://bit.ly/1fOQkiH

Network-Marketing: How to Create an Asset

Network-Marketing: How to Create an Asset

http://bit.ly/1fOQk2c

Tuesday, November 12, 2013

Is Nigeria rich?


green-white-green flag
Many people would want to believe Nigeria is presently rich. But is Nigeria rich? Some Nigerians maybe super rich and feature in the Forbes radar but can that be said of Nigerians on the street. In fact this year’s list of 40 African billionaires by Forbes magazine, 11 Nigerians were mentioned.
Although Nigeria have one of the highest economic growth rate in the world, averaging 7.4% in the last decade and one of the major oil exporters in the world. But the data for the man on the street speaks otherwise

  • About 60% of Nigeria live below $1 per day
  • Per Capita is about $2,800 that is all income of Nigeria generated in a year divided among all the population.
  • If all the wealth of the billionaire aforementioned are added together they are not as much as Carlos Slim, the World richest man from Mexico.
  • Even-though Nigeria is resource rich, her annually budget which tally with her income is $500 million dollar for 2012 some Forbes 500 have bigger expenditure than that.
   Is Nigeria Rich?

gold bag
"Image courtesy of [Struat Miles] / FreeDigitalPhotos.net".

Thursday, November 7, 2013

The Three January Ist in the making of Nigeria


01-01- 1900 - British protectorates of Northern & Southern Nigeria established and each of this region  came under the control of the British Government separately.

http://commons.wikimedia.org/wiki/File:Northern_Nigeria_Protectorate.jpg
Flag of Northern Nigerian Protectorate

http://commons.wikimedia.org/wiki/File:Flag_of_the_High_Commissioner_of_the_Southern_Nigeria_Protectorate.png
Flag of the High Commissioner of the Southern Nigeria Protectorate

01-01-1901 - Nigeria becomes a British protectorate and part of the British Empire.
Map of colonial Nigeria 1909
Map of colonial Nigeria 1909


Governor Southern Protectorate
Sir Walter Egerton ,Governor Southern protectorate
August 1904 – 1912

Stamp of Southern Nigeria
Stamp of Southern Nigeria 



01-01-1914 - Northern & Southern Nigeria united as a single territorial unit- British colony of Nigeria an action popularly called amalgamation. 

Nigerian Map 1930

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Tuesday, November 5, 2013

What is ASUU fighting for?

Much hope is in Academic Staff Union of Universities (ASUU)  calling off her about 4 months old strike after meeting with the President yesterday(4/11/13). An average Nigerian after much negotiations between the Federal Government and ASUU does not know much about the  touted Jan 2009 agreement.

ABU Senate Building

The following are summary of requests by ASUU as stated in the signed 2009 agreement.

 Issues about the  CONDITIONS OF SERVICE were raised.Various issues as related to remuneration were outlined. A  Salary Structure for Academic Staff in Nigerian Universities which entails  a separate Salary Structure for University Academic staff to be known as Consolidated University Academic Salary
Structure II (CONUASS II) was recommended.

Allowances for things like supervision of postgraduate student was  explicitly spelt out e.g. Lecturer I  would collect N15,000 per student, per annum, Senior Lecturer N20,000 per student, per annum
and Reader & Professor N25,000 per student, per annum.

Other issues like Teaching Practice/Industrial Supervision/Field Trip Allowances, Honoraria for External Moderation of Undergraduate and Postgraduate Examinations ,Postgraduate Study Grant,External Assessment of Readers or Professors, Call Duty/Clinical Duty/Clinic Hazard and Responsibility Allowance where explicitly spelt out with amount attached in the agreement.

The academicians in their usual characteristic where very thorough with even excess workload allowance was requested for

  • Professor                N3,500 per hour
  • Reader                   N3,500 per hour
  •  Senior Lecturer      N3,500 per hour
  • Lecturer I               N2,000 per hour
  • Lecturer II              N2,000 per hour
  • Assistant Lecturer   N2,000 per hour
  • Graduate Assistant  N2,000 per hour
There were non-Salary conditions like Vehicle Loan/Car Refurbishing Loan, Housing Loan,Research Leave(twenty-six (26) working days per annum) and Sabbatical Leave(Locally or Abroad which if abroad
,the University shall pay the transport expenses of a spouse and four children) etc.

The retirement age was negociated  from 65 years to 70 years for those in professorial grade with attached clauses. Issue bordering on Pension and Health Insurance were also raise.
Students recieving a lecture
By Vincent demart (Own work) [CC-BY-SA-3.0 (http://creativecommons.org/licenses/by-sa/3.0) or GFDL (http://www.gnu.org/copyleft/fdl.html)], via Wikimedia Commons


University Funding was also raised and funding for Federal Universities which include  Recurrent and Capital Grants was recommended between 2009 and 2011 as thus

Year                      Amount (N)
      2009                     472,031,575,919
      2010                     497,531,778,701
      2011                     548,768,190,681
             Total                      1, 518, 331, 545, 304

while State Universities which is calculated per student
Year                        Amount (N)
2009                        1,144,075
2010                        1,205,880
2011                        1,330,063
Total (approximated) 3,680,000

 Furthermore it was recommended that 26%(minimum) of of the annual budget of the State and Federal Governments should be allocated to education while at least 50% of this money should be for Universities.

Education Tax fund and Petroleum Technology Development Fund (PTDF)were recommended for restructuring.
Entrance of Bayero University Kano Library
By Michael Sean Gallagher from London, United Kingdom (The entrance to the main library) [CC-BY-SA-2.0 (http://creativecommons.org/licenses/by-sa/2.0)], via Wikimedia Commons

Under Chapter 5,University autonomy and academic freedom was recommended for protection and promotion. A very pro-students recommendation here was the curtailing the current excess of universities establishing pre-degree programs as revenue generating avenue.

JAMB and NUC act etc were recommended for amendment .These are in addition to other recommendations.



Saturday, November 2, 2013

Test your Knowlegde of Nigeria



Knowledge encourage patriotism and loyalist to our fatherland.
"Patriotism is your conviction that this country is superior to all other countries because you were born in it."