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Wednesday, July 5, 2017

"N3.57tn Was Borrowed In 21 Months To Finance Budget Deficit" - Federal Government


The Federal Government said on Tuesday that it borrowed N3.57tn between June 2015 and March 2017 to finance budget deficits.

The government said this in response to an enquiry by The PUNCH, which sought to know what use it had put the funds being borrowed in the last two years from both external and local sources.

The enquiry, which was addressed to the Minister of Finance, Mrs. Kemi Adeosun, under the Freedom of Information Act, sought to ascertain the specific projects that the borrowed funds were used to execute.

The minister, however, referred the enquiry to the Debt Management Office for response.

In its response, the DMO hinted that the domestic borrowing was not tied to any specific projects but warehoused in the Consolidated Revenue Fund Account with the Central Bank of Nigeria for funding budget deficit, while the foreign loans were tied to specific projects.

According to the DMO, the official exchange rate of N306.35 to $1 was used in calculating the country’s external debt for March 31, 2017, while the official rate of N197 to $1 was used in determining the foreign debt for March 31, 2015.

The domestic debt component of the states stood at N2.96tn as of March 31, 2017, up from the figure of N1.69bn as of March 31, 2015.

This means that within the period of two years, the domestic debt of the states rose by N1.27tn or 75.15 per cent.

With drying revenues from oil and gas, the government in the last two years has increasingly depended on borrowing even to carry out routine responsibilities.

Although foreign debts are seen as cheaper than domestic debts, the government has increasingly depended on local debts as foreign donors place more stringent conditions on its path.
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Effective Keys For Salary Negotiations

To get the best of salary negotiations, it is vital to have the knowledge of some helpful tips to guide your salary negotiations, so you can get the best out of it and be satisfied with the results.


Here are some effective keys for salary negotiations.

1). Know What Benchmarking Is
You should understand how employers decide their salary levels and use that information to guide your salary negotiations. Companies don’t just use arbitrary salary ranges for employees, they use a variety of benchmarking tools for this. They typically compare pay rates with the average pay of other companies in their industry, average pay of professionals with your level of experience and education, and the average pay of professionals in your field in their area of the country. You should try as much as possible to know the ‘salary norm’ in the industry of your job search and negotiate effectively within that range.

2). Do Your Research
To successfully negotiate your salary, you need to have some basic and very necessary knowledge to guide your negotiations. Research is the most important way, if not the only way, to get this knowledge. Asking questions, talking to recruiters, people you know and professionals in your field and on your professional level, can you help you get the needed information for salary negotiations. Even if you don’t get an exact figure, you will at least get a range.

3). Pick The Top Range
After doing your research well, you would most likely get a range of what an employee in your industry and at your professional level should be earning. It might be tempting to start your negotiations at the middle of the range (to appear modest) but don’t. It’s better to start from the top of the range because firstly, you should believe you deserve top pay, and secondly, the employer will almost certainly negotiate down. So, starting your negotiations from the top of the range will give you some breathing room and a better chance to end up with a salary you will be satisfied with.

4). Practice For It
Practicing for a prospective salary negotiation scenario is one of the best ways to prepare for it and to eventually get the results you desire. A career coach can help with this. However, if you are unable to find one, you can ask a friend or relative with experience in salary negotiations for help. Practicing for salary negotiations helps you to develop the confidence to negotiate and talk about money without being so scared of making a mistake and messing it all up.
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Non-Government Organization, Elizabeth Foundation Awards Scholarship To Orphans In Abuja (See Photos)




A non-governmental organisation, Elizabeth Foundation has given scholarships to some orphans in Abuja. The foundation also runs “Weekly School in IDP Camp” to educate enterprising Nigerians, especially the youths.


Speaking on the occasion, the Founder of the Foundation, Mrs Adelani said the Foundation is ready to do everything possible towards assisting orphans to go back to school and also to remain in school.


"This gesture is in line with the Foundation's undying commitment to ensuring affordability of qualitative education for less privileged students in institutions and we are always ready to commit hard-earned resources towards achieving this feet," she said.


“That is why at Elizabeth Foundation, we have what we call Heroes of Humanity, it is all about inspiring people who are doing the kind of things we do, to let them know that somebody sees you, recognizes you. It’s being challenging and we need all the support we can get,” she added.


The Beneficiaries of the education scholarship project felt so opportune and applauded the organization for such great initiative.





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Monday, July 3, 2017

Nigerian Man Insists That Almost '70%' of Failed Marriages In Nigeria are Caused By Girls That Bleaches


A Nigerian man, Ezeugo David took to his Instagram page to make this unfounded statement. According to him, he says;

"The Sun is still the Best photo Filter, makes your Skin Flawless, spotless and Blemish Free. It is Nigerian girls Bleaching Association(NGBA) worst Enemy. Keep bleaching from black to yellow my sister, but don't Forget that 70% of failed Marriages in Nigeria comes from girls that Bleach.

After they'll write Cowbell Milk Essay competition about how their Marriage Crashed and their fellow Bleaching Mama's Comment "Awww you're such a Strong woman" Umu Iberibe.. Shout out to all the Beautiful dark skin ladies and the Original God made light skin girls. God bless y'all for being Original."
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How To Recover When You Messed Things Up

It is not a secret that we all mess up. Not one of us is above making mistakes, which means we all have, at one time or another, recovered from mistakes we’ve made. Intellectually, I know I can move forward even after I mess up, but so often I struggle to remember that moving forward from sin is actually possible for me (and you, and you, and all of us!).


God’s grace knows no bounds, which means that no sin (or sinner) is banned from grace. We can all pick up and move forward after messing up.

This are things to do in other to move on.

Take a Breath
Oftentimes, the one most disappointed in our mistakes is our own self. After messing up, it can be helpful to take a moment for yourself. The journey towards reconciliation, grace, and healing is not necessarily a downhill coast. It’s easy to beat ourselves up, so begin by doing something kind for yourself—take some deep breaths, go on a walk around the neighborhood, or drink a cool glass of water.

Acknowledge Your Mistake
It is maddening to be around a person who has clearly done something wrong but cannot admit it. Recovering from our mistakes is going to be much easier if we can own what we’ve done from the start. Before we apologize to God, others, or ourselves, we should have a clear understanding of what we’re apologizing for. Where did things go wrong? What would you do differently? What was the impact of the choice you made? These reflections will better help us in repairing relationships and understanding how to avoid making the same mistake in the future.

Go Out of Your Way to Apologize
How we apologize to those we hurt through our sin can greatly contribute to the health of our relationship with them in the future. Take this part seriously. Get in touch with the people who were impacted by your actions and ask if you can see them in person. If they agree, then you go to them; drive to their home or take them out for coffee and allow your apology to be a conversation, rather than a sentence you squeak out. I firmly believe the road to recovering from our sin is much smoother when we make a real effort to repair the affected relationships. Remember, too, that repentance to God is a necessary step in claiming freedom from our guilt. Speak with God about your sin and apologize to Him for the sin, knowing you are safe to share these things with Him.

Consume Grace
Drink grace in like you would cold water on a hot day. Grace is limitless and without bias. If we are going to recover from any mistake—big or small—we have to wear grace like a robe. Step into its warmth and let it cover all parts of you. Receiving grace is what lifts the gate that stands between our sin and our freedom from the sin. Remember when you repented to God? He doesn’t respond to our sin or repentance with wrath—he responds with grace. Spend some time with God and allow yourself—with all of your imperfections and past mistakes—to see yourself as God sees you: through the lens of grace!

Shift Your Direction
Now what? You’ve repented, apologized, consumed a hearty dose of grace—you’re moving now, away from your moment of sin. Where, though, will you go? You are free to go in any direction, but this is when you can choose to shift, even if ever so slightly, where you are going. If you tripped up on sin, you may want to consider inching your path over a bit. Maybe this requires a new hobby, new group of friends, or more a more active role in your community or church. Whatever changes you need, let this be a time when you implement them.

Grace is not a one-time offer; if (and when) you find you’ve messed up again, remember that you can recover! The process of recovering from your mistakes may not look exactly the same each time, but if you’re feeling overwhelmed with your sin, take this practical advice to orient you in how you can begin moving ahead after you’ve messed up.
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Check Out How Popular Actor, Gerard Butler Looks Now (See Photos)


Gerard Butler slept with half of Hollywood because he used to be one of the finest men in the industry but check out what he looks like now.
See more photos below..



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5 Effective Ways To Handle Social Media Backlash

You do not have to be a celebrity before tantrums are thrown at you on social media. Very few people care whether you are right or wrong, they just criticise. Before you know it, you are at the top of the trends on Twitter. Ironically, what you said may not be as a result of a tweet or Instagram post but an interview.


An example is the backlash Falz faced after he chastised some musicians for glorifying Yahoo Yahoo (Internet Fraud) in their songs.

Another example is the case of Kemen in #BBNaija who trended for days because of the encounter he had with Tboss.

The impact of these backlashes can be between mild or severe depending on the individual. Hence, if poorly handled, it can escalate into something you never imagined.

Here are five (5) ways to deal with social media backlash.

1). Delete offending materials
If you tweeted or shared a post that is causing quite a controversy, you should delete it immediately. Do not try to be defensive or justify it unless you want it to spiral out of control. Even when it does, you should still delete it. Regardless, trust social media trolls, they would screen grabbed it. Do not mind this. The important thing is that the post should not be found on your handle or page.

2). Have friends around you
For individuals who face social media criticisms, they should have their friends and family members around them. The fact is they cannot go through this on their own. When the backlash gets to them, all sorts of thoughts begin to get into their head including committing suicide. That is the extent it can push some people. With trusted friends around, you will feel loved despite the shots you are getting on social media.

3). Leave social media for a few days
There are uncountable trolls on social media who just want to make you feel bad. They reign abuses and curses on you. If you are still with your phone, you may be tempted to reply. You do not need to. Just abandon your social media for a few days and return when everything has died down.
Apologise if you are wrong To err is human to forgive is divine. In this case, you should not concern yourself about whether you will be forgiven or not, just apologise and move on. Some will even come at you for your apologising.

4). Ignore
You can give it the silent treatment and continue with your life. You are getting attention notwithstanding if it is negative or positive. This is easier for celebrities.

5). See a psychologist
You can see a psychologist especially if the person's self-esteem has been battered and shattered.
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Suspected Cultists In Anambra Gunned Down Man Well Known as "Alomo Bitters" (See Photo)

A young man popularly known as Alomo Bitters was killed in the early hours of today, Monday, July 3. The incident happened at his village square, Ebe Umuezu, Awovu Village in Enugwu Ukwu, Njikoka Local Government Area of Anambra State. Details Later.
See photo below..

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Some Technologies That Will Define Our Lives In The Next Decade

There is no gainsaying that technology is now a major part of our life. Some of these techs are playing significant roles in our lives, like social media; others are for the future.


These future techs will soon become widely available and if you are not prepared for it, you may find yourself out of the game. It will change a lot of things, especially in the way you work.

Here are some of these technologies that will define our lives in the future.

1). Internet of Things (IoT)
The Internet of things (IoT) is the ability of different devices to be able to communicate because they are embedded with electronics, software, sensors, actuators, and network connectivity which enable these objects to collect and exchange data. They are usually regarded as connected devices or smart devices. This also includes Wearable technologies.

2). Virtual Reality
Virtual Reality (VR) is a computer technology that adopts headsets to produce realistic images, sounds and other sensations that simulate a user's physical presence in a virtual or imaginary environment. Virtual Reality has been around for awhile now but it only recently becomes widely available. The technology has changed the way people explore. A good example of this is Google Earth VR that allows users to fly over a city, stand on mountains and even go into space.

3). Autonomous Vehicles
Google, Apple, Uber, Samsung, and other car production companies are investing billion of dollars in developing driverless or autonomous vehicles. Driverless cars are vehicles that do not require any human to drive it and does not need any fuel. A network of sensors has made this possible. There have been testing rides as well as several failures. But pretty soon, very few people will drive fueled SUVs.

4). Augmented Reality
A technology that superimposes a computer-generated image on a user's view of the real world. It is widely used in the gaming world. Pokemon Go is a perfect example of Augmented Reality.

5). Artificial Intelligence
Artificial Intelligence is the ability of a computer system to perform tasks that usually require human intelligence. Today, you find robots that serve as a receptionist, customer service and perform surgeries. In addition to this, you have voice assistant AIs like Siri, Alexa, or Cortana.
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Photo: Beautiful Lady Who Slept With Different Men For Money Says Demons Attracted Men To Her

Anywhere she went, men were drawn to her. Be it in a restaurant, walking on the road or attending a social function – a seductive spirit would always attract them to her. A casual glance. An exchange of numbers. A subsequent meeting. For Vivian Iwuchukwu, sleeping with men became not just a means of fleeting pleasure but an actual source of livelihood.


Scaling through university – her education and that of her siblings funded through such frivolous activities – Vivian struggled to find a job constantly surrounded by nagging men. Strangely, the calibre of men coming her way were the rich and influential in society. They were often married and began giving her the attention due their wives – leading to ugly scenarios at home.

Anytime she got a job, miniscule issues would lead her to angrily resign – pushing her back down the path of lust and fornication.

However, all the money accrued through such illicit means left as swiftly as they came. Searching for solution, Vivian was deceived to visit a shrine where she underwent an initiation involving the exchange of money and bathing in a swampy river. However, the problems only seemed to surmount, as did the amount of money the spiritualists were demanding from her.

Tuning into Emmanuel TV one day as her life had reached its lowest ebb, she prayed along with Prophet T.B. Joshua. The following morning, Vivian said something had ‘opened her eyes’, realising that she needed deliverance. Mustering the courage to come to The SCOAN, she received prayer from Prophet T.B. Joshua last week where the evil spirits responsible for her plights were exposed and expelled. After her deliverance, Vivian testified that her body felt so light and all thoughts of her past had left.

She spoke of the newness of life she had experienced since her deliverance, adding that her heart was rippling with joy.

Vivian advised young ladies especially to not seek after the flashy things of the world but get involved in a living Church and seek the face of God.
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Ex-Presidential Media Aide, Doyin Okupe Says He Is Not Just Joining APC

The former Presidential media aide announced his resignation in a statement he released yesterday. Today, he released another statement on his Facebook page denying that he is defecting to APC.
See his post below..

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Sunday, July 2, 2017

Inspirational Quote of The Day!


trust in God is like no other.
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Tech: Samsung Electronics Drop In Employees For The First Time

For the first time in seven years, the headcount of Samsung Electronics came down in 2016 mainly due to its restructuring in China, the company data showed on 2 July. The number of employees of the world’s largest smartphone and memory chip manufacturer fell 5.2 percent to 308,745 in 2016 from 3,25,677 the previous year, Yonhap news agency reported. By region, domestic employees dropped 3.8 percent to 93,204, and those abroad declined 5.8 per cent to 2,15,541.


As of the end of last year, the percentage of the employees at Samsung’s companies abroad dropped 0.4 percent to 69.8 percent.

The number of Samsung employees in China fell 17.5 percent to 37,070 last year from 44,948 the previous year while those in North and South America surged 8.5 percent to 25,988. A company official attributed the cut in the number of employees partly to the sale of its printing business to HP.

Corporate restructuring in Samsung’s factories in China and other Asian countries also led to the overseas manpower cut, he said. The ratio of female employees accounted for 44 percent last year, down two percentage points from a year earlier.

The proportion of female managers and executives, however, rose to 12.7 percent and 6.3 percent last year from 12.4 percent and 4.5 percent, respectively, from a year earlier.

Samsung sold the printing business to HP in 2016 with an approx. price of $1.05 billion.
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All Commisioners In Ekiti Been Sacked By The State Governor, Ayodele Fayose

Ekiti State Governor, Ayo Fayose has directed the immediate dissolution of the State Executive Council.


A statement issued by the governor’s spokesperson, Lere Olayinka, on Sunday July 2, 2017, directed the commissioners to hand over to the Permanent Secretaries in their respective ministries. Read the statement after the cut.

“Ekiti State Governor, Mr Ayodele Fayose has directed the immediate dissolution of the State Executive Council.

“All the former Commissioners are directed to hand over to the Permanent Secretaries of their respective ministries.

“The governor thanked the former commissioners for their service to the State and wished them well in their future endeavours.”

Signed:
Lere Olayinka
SA (Public Communications and New Media)

Recall just few days ago Rivers State Governor Nyesom
Wike sacked all the members of the
State Executive Council, just 24 hours after the Commissioner for Information, Austin Tam-George, resigned from the cabinet.

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Sport: Juventus Forward, Paulo Dybala Scores "Impossible" Free Kick

Juventus Forward, Paulo Dybala returned to Argentina to take part in a charity football match in his hometown of Laguna Larga on Saturday.


Dybala was tasked with scoring an "impossible" free kick as the entire opposing team and more packed the goalmouth.

As well as the goalkeeper, 18 defenders amassed on the line along with a couple of auxiliary blockers brought on from the crowd.

Sure enough, Dybala was still able to find the top corner with a sweet strike from 20 yards.

This is incredible.
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