Tag: earn

  • ‘Nigeria can earn $400b from agric produce export’

    Nigeria can earn about $400 billion in 10 years from the export of agricultural produce,   Community of Agricultural Stakeholders of Nigeria (CASON) Coordinator, Sotonye Anga, has said.

    He, however, said for the country to achieve this, there was the need for the government to improve the global competitiveness of exporters.

    Anga noted that despite the  initiatives put in place by some state governments and the involvement of Nigerians in the business, Nigeria still lagged behind in export infrastructure    certification.

    He told The Nation at the weekend that the perishable goods need extra care to ensure they remain fresh.

    Anga, however, identified one of the significant challenges facing exporters as access to finance.

    To solve the problem, the CASON coordinator said there was the need to float an export credit agency.

    He added that an efficient and cost-effective infrastructure was required for local exporters to be competitive, adding that the tariff structures are more expensive in the country than in other parts.

  • Earn what you’re really worth

    If you don’t agree that what the headline of this piece says is possible, you are not alone. Even the author of the book with this title, Brian Tracy, was shocked and angry when he first heard of the idea.

    He argued vigorously that it is not true. I can imagine some readers dismissing the concept as one of those wishful thinking of motivation speakers and authors.

    Just like what many Nigerians currently going through hard times will think, Tracy said he blamed his low income on “my parents, my education, my boss, my company, my industry, my competition, and the economy.

    “Then I looked around me, and realised that there were hundreds and even thousands of people who had the same problems and limitations I did but who were earning far more than I was and living much better lives,” Tracy, a high school dropout  who has since become a world renowned consultant, trainer and personal development specialist, wrote.

    At times like the kind we find ourselves in the country when promise of change is turning to despair; when the economy seems getting out of control of the government, everyone needs inspiration to make the best of the worrisome situation.

    In my desperation to earn more income to meet, not only my personal and family needs, but numerous requests for assistance which I cannot cope with, the title of this book recently caught my attention and I have been trying to find out what the author has to say about why I am not earning what I think I am really worth after almost thirty years of graduating from the university.

    One of the criticisms of foreign motivational books is that they are based on what obtains in the developed nations where “everything works.” What I have found out reading Earn What You’re Really Worth and many others is that the principles of success and prosperity are universal.

    While we may have many limiting factors in our country, I am convinced that there are basic things everyone has to do not to remain poor or earn more than their present income. No matter how hard one tries, chances are that you may not achieve your goal, but you won’t remain where you used to be if you try hard enough.

    Two quotes from Tracy’s book summarise how to maximise one’s income, no matter the circumstance in any market whether in an underdeveloped, developing and developed country.

    “If you want to succeed and achieve everything possible that is possible for you, you are going to have to work smarter and more diligently than before. To move to the top of your field, you are going to have to start a little earlier, work a little harder, and stay a little later.”

    “Successful people are not necessarily those who make the right decisions all the time. The world belongs to those who reach out and grab it with both hands. It belongs to those who do something rather than just wish and hope, and plan and pray, and intend to do something someday, when everything is just right.”

    When the governments at various levels fail us like they always do, the option open to anyone who wants to earn what he or she is really worth is to decide to do what Tracy says: “Take complete control of your career and your income so you can survive and thrive in any economy.”

    The executive and legislature can continue to argue about the 2016 budget and decide when to start to implement it, my decision is that their action and inaction will not decide how much I will earn this year. I will earn what I am really worth and even surpass it.

     

  • Nigeria to earn N31.15tr from Lekki port project

    Nigeria to earn N31.15tr from Lekki port project

    • Banks, other financial institutions back out

    When the Lekki port in Lagos comes into operation in 2016, it will grow the national economy by contributing $20 billion (about N31.15 trillion), a source close to the project promoters has said.

    But he lamented that the project is now being threatened by lack of financiers as most of the banks and other financial institutions that initially showed interest in bank-rolling the multi-billion naira project have since backed out because they are not sure of the viability of the project, especially since it does not hold the prospect of an early return on investment (RoI) to them.

    A source close to the promoters of the port lamented that some of the banks approached by the managers of the port were not willing to give financial assistance based on their fear that they would not be able to recoup their money on time.

    The source told The Nation that over four banks have been contacted by the management of the port but only one has shown interest without financial commitment.

    Aside bridging the capacity deficit, he said, the port would have significant positive macro-economic impact estimated at over $360 billion over the entire concession period.

    He lamented that funding is now the major problem threatening early development of the port.

    He denied the allegation that the promoters of the port are inexperienced.

    The port, he said, would be viable for business when it commences operation and urged the banks to invest in the project.

    About 163,000 new jobs, he added would be created in the economy if supported by the local lenders.

    The source said: “Don’t forget that the Lekki port is a multi-billion dollar projects which cannot be funded by individuals. As the promoters need the assistance of the government, they also need the financial support of the banks. The port is not an ordinary port such as the ones in Apapa or any other part of the country, but it is a deep sea port. The port will spur economic development around the state.

    “The funding involved is huge, the work is going on but we still need the support of our local financial institutions to develop the port and make it the hub in the sub-region.”

  • Bosso to earn N5m bonus at Abia Warriors

    Bosso to earn N5m bonus at Abia Warriors

    Coach Ladan Bosso will earn five million Naira bonus should he qualify new club Abia Warriors for continental competitions.

    Bosso was on Thursday presented as coach of newly promoted Abia Warriors after he was not given a new contract by Bayelsa United.

    The former Nigeria U20 coach informed MTNFootball.com he will be paid a monthly salary of 1.5 million Naira after signing-on fee was abolished by the league.

    He has signed a year’s contract with the Umuahia-based outfit who are set to debut in the Nigeria top flight in the new season.

    Bosso has been one of the most nomadic coaches in the Nigeria league after he changed clubs in the last four seasons.

    During that time he has handled Niger Tornadoes, Wikki Tourists, Kano Pillars and Bayelsa United.

    Last season, he led Bayelsa to finish third and thus qualify to feature in this year’s CAF Confederation Cup.