New Minimum Wage For Nigerian Workers

February 28th, 2011

Should Government Workers Celebrate The New Minimum Wage?

Government workers in Nigeria are getting excited about the newly approved minimum wage of 18,000naira. Does this really call for jubilation? I’m not trying to be pessimistic, but I personally feel that what Nigerian workers need is not a new statutory minimum wage. They will be better off if the government focus her attention on arresting the factors responsible for eroding the purchasing power of the workers income. If the present attitude of our leaders in maintaining the social infrastructures continues, the newly approved statutory minimum wage will have less than the purchasing power of the old 7,500naira minimum wage.

It is not the volume, but the value!

I personally feel that everyone would have been better off, if government has concentrated on improving the supply of electricity and repairing the roads. Those two factors alone cost an average worker thousands of naira per month. so much fund is wasted from each workers income as they struggle to provide energy using petrol generator.  The cost of transportation is also high because commercial vehicle owners pay heavily for maintenance of their vechicle due to bad roads and poor road networks.

Will The State Government Pay?

The state governments are already crying foul over the federal government action. They claim they can’t afford to pay the new minimum wage. This shouldn’t come as a surprise to us, knowing fully well that some are owing their workers more than one month salary (at the old minimum wage rate). How on earth do we think such states will be able to pay their workers the new minimum wage which is more than 100percent increase on the old rate.

Will The Private Sector Pay The New Minimum Wage?

The private sector will now have to contend with disgruntled workers who will be expecting automatic increase in their salary because of the pronouncement of the Federal government. Unfortunately, many workers in private organisation will be dissappointed. Such automatic increase in salary is not realistic. Presently, a lot of private firm are having challenges with running their operations on diesel driven generator, because there is a hike in the price of diesel. Unlike before when a litre of disel sold for 110naira, now it goes for as much as 140naira per liter. That is a sudden increase in overhead expenditure.

Just two months into the new year and there are already many challenges for the Nigerian Entrepreneur to combat with. Unfortunately, our leaders are too pre-occupy with the April election to bother about the state of the economy. They are not helping matters in any way as their reckless spending is putting pressure on the economy. The warning from the Central Bank of Nigeria on the need for the executive to cut down on recurrent spending seems to be falling on deaf ears.

Nigerian entrepreneurs need to re-strategize in order to cope with the unforeseen result of these government policies. Every wise entrepreneur need to watch his/her overhead expenditure this year. It is obvious that there are challenges ahead. What is your opinion about the new minimum wage?

Happy New Year 2011!

January 1st, 2011

Welcome to year 2011. May your dreams come true. May you experience outstanding success in all your endeavors as you put your trust in God’s ability and not lean on your human understanding.

Happy New Year 2011

Happy New Year 2011

I’m looking up to Jesus the author and finisher of my faith. He says ALL SHALL BE WELL this year!

Taking Stock, Giving Thanks, Setting Goals

December 30th, 2010

Year 2010

Year 2010

The year 2010 has been a wonderful year for me as an entrepreneur. Even though I didn’t quite achieve all that I set out to achieve during the year, I must confess that I have several reasons to be grateful to God for His generosity. I must also appreciate you my fans, friend and readers of this blog for your support, especially those of you that drop comments and contribute to discussions on this blog (No thanks to the human and auto-bot spammers for increasing the time I spend moderating).

This year, I wrote fewer articles because of my preoccupation with offline activities, yet this blog enjoyed more visit than it ever had in the previous years. There was increase in overall exposure and I had quite a good number of offers from individual and corporate organizations asking requesting that I partner with them in one venture or the other. For all those offers, I am grateful.

What Has 2010 been like?

As an Entreprenuer, it is that time of the year that one need to take stock of the performance so far. Several questions runs through my mind. You can guess what some of them are. What progress has been made? What goals have been achieved? What lofty ideas were abandoned because of poor implementation? What did I do wrong? What could I have done better?

As these questions and thoughts fly around my mind, it became obvious that I needed the aid of pen and paper to get my thought sorted out. However, it wasn’t long before I discovered that that wasn’t just enough. The mind is a wonderful machine with ceaseless torrents of ideas, questions and suggestions. I needed something better than paper and pen to do my constructive brainstorming.

Brainstorming with FreeMind (an Open Source Alternative to Mind Manager)

Thank God for open source software. I had downloaded FreeMind, an Open Source alternative to the popular Mind Manager.  I used it to put down each flying thought, idea, questions and suggestion. It was easy arranging my thought and establishing connection between one idea and another to see what the overall picture looks like. It was much more better than using a paper and pen.

Meanwhile, I have also used the FreeMind to build a complex diagram of what my life really look like. It is really stunning to see how complicated it really is. I thought I live a simple life, but the diagram shows that what I consider simple is actually complicated and it requires carefulness to maintain a balance. I am actually using that diagram as a foundation for writing up my goals for the year 2011.

Year 2011

Year 2011

Plan to Live A Balance Life In the Year 2011

One of the lessons I learned this year is that every goal you set for yourself, whether business or personal must aligned with your ultimate goal in life. It is foolish to set goals that contradict what your ultimate goal in life is. Let me explain with an example. An entrepreneur set the goal of having a certain amount of money in his bank account at the close of business on 21st  December, 1996. His plan was to spend some of the  money to give his family a one week treat at one the exclusive holiday resort. Unfortunately, when he got home on the 22nd of December, 1996, there was nobody at home. He discovered a divorce letter on the dinning table, it was dated 16th December, 1996! His spouse and children were gone. They were tired of his continuous absence from home and his continual neglect of  the family.  It was a total disaster, because the man had sacrificed a bigger and more important goal for a smaller one. What a disaster! That entrepreneur failed to set his priority aright. He failed to balance his goals!

Each of us need to set goals for the various nodes that makes up different areas of our lives (spiritual, health, financial, social, etc). Ensure that the goals are not conflicting with your ultimate goal or purpose in life.  Give priority to relationships above material acquisition. I’m not just talking, I’m working on my goals for 2011. Not an easy task I must confess, but I’ve learned that he who fails to set goals and plan for their achivement is merely existing like a rock! So I’m not going to abandon the task. Success don’t just happen. Success occurs when someone set goal, plan and work towards it’s achivement. If nothing has thought me that this is true, this blog has done just that.

So, my suggestion to you is that as you celebrate this festive season, don’t forget to take stock of your performance in the year 2010.  Ensure you show appreciation to all those that have contributed to your success, business and personal, so far. Then sit down and sincerely decide what you want in the year 2011. Decide and plan to be a major league player in the year 2011, don’t settle for the position of a spectator! See you at the top. Cheers 😉

Why Nigerians Suffer As Unemployed Internet Surfers

December 21st, 2010

Why do many Nigerian internet users surf the internet endlessly without improving their economic condition. Why are there tales of woes among the Nigerian youth who desire to make money online. This is a guest post from a Nigerian blogger, Micheal Mcneri, who leaves in United States. He started his online adventure right here in Nigeria. I belief you will enjoy this piece – Naijaecash

McNeri

Why We Suffer As Unemployed Surfers

The Internet is for surfing not for suffering. The internet is for information gathering, knowledge building and application of such knowledge for making money! It is not for suffering! So why do Nigerians suffer online. There are numerous sites where you see us (Nigerians) gathered and all we do is complain of our suffering online. I feel there is no need for that. In fact, when you have pain and you gain access to the web, all your sufferings ought to go away as you receive knowledge and help from the online community. Often, such knowledge and help are given free of charge!

I am based in the United States and I have been involved with post-secondary education up to the highest levels since 1988. I have numerous interests even though I have a full time job which pays my bills. It has however fascinated me since my days at Ibadan, UCH to be precise when we first learned of Cybercafés (Internet Cafes). That was in the days of NITEL internet and calling booths. At that time in 2000/2001, I got a glimpse of what the world wide web had in stock for us. Seas of information and oceans of characters. We browsed in a very different way then.

How I discovered the World Wide Web

In those days, I had to apply for a NITEL land line so that I could use NITEL internet. To get the line cost 13,000 naira ($87) to NITEL and another 25,000naira ($167) ‘egunje’ (bribe) to the thugs (staff) of the cursed company. It was like bleeding, but we did it. This afforded me the opportunity to become a web user as I browsed the internet by dialup. I opened “FREE” email accounts and searched with this new search engine called GOOGLE! All was going fine and I was feeling cool but a few months into this new adventure, the line suddenly stopped working!

Then I received a bill of 102,000 naira ($680)! I thought I was dreaming! I contested the bill because the phone was not working and I had not made any international or local call to warrant such a monstrous bill. Well, I was simply told that that is my bill and I have to pay it if I ever want to use the line again! To me that was fraudulent and I was not willing to pay for what I did not use. Well, that was the end of browsing from home, but I had learned that there was a huge world out there and I was going to be part of it.

Journey to Cybercafés

A few cybercafés sprang up in Ibadan at that time, but many of them had lousy speeds. I was already spoiled with my home dialup (NITEL internet) which was so fast at 24kbps! Eventually I found one in Bodija, Ibadan. It cost 500 naira ($3.5) for 5 hours of moderate speed browsing. I was happy. Then I would go and buy a pack of floppy discs (do they still exist?). Each one was 1024kb. Armed with the 10 in a pack I would go to the cybercafe and pay for 5 hours. As I surfed, I downloaded materials, usually articles of interest in the medical field, or web pages. I would just be saving them to the diskettes (for the younger readers, that is what they were called). Then when I got home, in the comfort of my home, I would re-browse them, that is if Nigerian Electric Power Authority, NEPA (another sick company) permitted (the company had the monopoly of supplying electricity, but does a terrible job of servicing the masses, I learned they have been re-branded as Power Holding Company of Nigeria, PHCN. In my humble opinion, Never Expect Power Always is better than Power Holding Company of Nigeria. Well, back to our main gist. It was at the cybercafés that I stumbled on my present career.

It was during my adventure in the cybercafés that I found out about the World Bank Scholarship and the Liverpool School of Tropical Medicine. That was how I ended up having papers in Croatia at the 7th World Congress of Pediatric Surgery. That is how I ended up here in United States, owning a website development company and helping other less advantaged organizations get their feet online.

Why all this personal story?

My story may be a bit long winded, but I want you to take from this a little lesson. It is still challenging to get online in Nigeria 10 years later, I wouldn’t have guessed. I have had some couple of youth send me letters asking me to help their helpless situations in Nigeria relating to unemployment and struggles. One of them named Tunde, does landscaping, but has no official qualification. He has worked in a cybercafe before. I encouraged him to simply put pen to paper in 5-10 short essays of what he does which is landscaping. Then I offered to help him get a website on, optimize it for search engines and even purchase some adverts for him. Then all he has to do is register his business name in Nigeria and we can hunt for business online since he was disadvantaged on the ground in Nigeria. It has been almost one year now and I have not heard from him.

I guess Tunde lacked the motivation to follow through with my proposal because he probably think it is too big a dream. It was a mistake on my part too, because I was dreaming big “for Tunde”. So I have ceased to dream for people. The message here is DREAM BIG AND YOU CAN GET THERE. It does not matter how ridiculous your dream is. What matters is whether you believe you can achieve it or not. There are many roads out here and that is why it is called the WEB. Read, Learn, Dream, Achieve.

After Tunde, I had another cold caller who contacted me through facebook. He had a similar story. Patrick is a teacher, but wants more. He complained that his meager income as a teacher wasn’t sufficient to support his poor family and there are several other financial challenges that he was struggling with. I asked Patrick what he knows and can really write about. He said poverty. I said okay, write five short essays and I will set you up as an online writer. Maybe we can get you something to supplement your poor teacher’s salary.

Two months later, I asked Patrick how far? I am still waiting. Please tell me if it takes Patrick 2 months to write 5 short essays on this first offer, how will anyone be willing to contract him? He will not deliver and in this fast-paced world, nobody has that kind of time. So the second big lesson is “STRIKE YOUR IRON WHILE IT IS HOT“. We are too lukewarm in Nigeria. We feel overwhelmed by the huge problems facing us and the lean resources available to us. However, if you want to make it to Heaven, you have to live like you are in Heaven here on Earth. Righteous, Holy and Worshipping the only true God, like the angels do in Heaven.

My Suggestion to You

I believe you should gear up and face the invisible if you want to rise out of that quagmire limiting you. Hold onto your faith, but also focus on your dreams. Yes, dear to DREAM BIG DREAMS! If you have no dreams, then you are going nowhere. Can a Man make heaven if he has not dreamed of Heaven?  Also, start NOW! People in the developed world have blogged their ways out of poverty. You too can make money online from Nigeria if you take action now. Get a blog, send a guest post to well established bloggers and become the person of your dreams. You’ve got to STRIKE YOUR IRON WHILE IT IS HOT! Stop procrastinating, start acting out your DREAM!

Micheal Mcneri is an Internet Marketer and a blogger. You can visit his website at Finance Is Personal. He also has a new one at I Be Naija.

Proudly Naija For Life!

November 19th, 2010

Say yes to Naija!

Proudly Nigerian

Proudly Naija 4 Life

Nigerian Entrepreneurs is proudly Naija for life and so are many Naija youths online! I was quite surprised that the honorable minister of information of Nigeria has left her serious assignment and is now focusing on use of language! “Stop using Naija to refer to Nigeria!” says Prof. Dorothy Akinyuli. “You can’t dictate to us, what words to use to refer to ourselves” say Nigerian Youth! You can read the angry reaction of Nigerian Youths at various Nigerian online community boards.

What is the Meaning of Naija, 9ja?

9ja, Naija etc are slangs that the Nigerian youth proudly use to refer to our motherland Nigeria and her citizens. The word as I learnt originated from Nigerians in diaspora who started using it to refer to themselves as citizens of Nigeria living in foreign land. The words to the user symbolizes patriotism, solidarity, pride in belonging to the country with the largest population of blacks!

The words were never coined by strangers, so it can’t be said that the terms are derogatry. There is no single evidence to show that the words Naija or 9ja is meant to make caricature of Nigeria or her citizens. It is quite unfortunate that our leaders are so far from the people that they don’t even understand our language anymore. If the word Naija is derogatory, why will several Nigeian webmasters (including yours sincerely) use it in their domain name! Nobody identify himself with derogatory words, people only use words they consider will add value to their personality.

Professor, your wish is only your wish, not ours! If the british sometimes refer to themself as britons, brits the Americans refers to themself as Yankee, the Australians refer to themself as Aussie or Oz and we call South Africa S.A then there is nothing wrong with Nigerian youths calling themselves Naija, 9ja. So we say yes to Naija! We remain Proudly Naija 4 Life!

Professor Akinyuli has been a woman I admire, but of recent, she seems to be loosing focus on what her real assignment is. Personally, I think she is handling a wrong portfolio. Her prior assignment was much more fitting and she was able to shine like a star. Since her portfolio was changed, she has not been able to do much to impress the populace. Whoever, advised our former president to change her portfolio did not mean well for Nigerians.

Open Letter to Professor Akinyuli

Prof., I’m not a politician, neither do I like writing about politics, but this time around, I proudly join the Nigerian youth online to say no to you. We love the words Naija and 9ja that we use to refer to ourselves. It was not coined by a foreigner, so it is never derogatory. If you don’t understand why we use it in place of the word Nigeria, you should ask us and not assume. Mind you, Naija has never replaced the word Nigeria, it only compliments it.

“Madam Dora, no make me vex, abeg! If I vex you no go lik’am. Instead wey u for identify wit d youth, you they fight us! I no understand you self. Shey people dey call you Dora and you no sue dem to court! You even dey lik’am as the thing they make you feel better pass your fullname! Who tell you say the thing wey Lord Luggard call us better pass wetin we dey call ourselves! I beg leave us alone. If you ready to learn, go ask Governor Fashola why in dey talk say, Eko o ni baje o!

If you are a Naija online, please cast your vote for the continuous use of the word Naija by dropping a comment here. Cheers.