ScholarBaba

You can support your candidate without hating another person. It’s called maturity. Try it this season.

Emeka's startup processed 50,000 naira every minute. Then TechCabal featured them. In 4 minutes, everything was gone. The database. The payments. The investors' trust. All because of one backend concept every Nigerian engineer skips. Let me show you what killed them.

@alpontif *too many

I put it to you there is existing capacity, since the capacity exists already(backed by facts), then your question becomes moot, hence my policy will work for 100 percent of all public infrastructure, for areas where true gaps exist, there will be incubation programs dedicated towards honing such capacities on live projects, with such incubators managed by elements of the Big 4, Top banks and JVs with companies from Countries who do not have a strategic interest of not seeing Nigeria develop capacity.

What I sha know is when I become Governor or President, not one foreign company or Company with the ultimate beneficiary been a foreigner will get even one contract in my government. I do not care if it will take decades for them to finish, every single project will be executed by a Nigerian Owned and Controlled Company, with ultimate beneficiary ownership by Black Nigerians.

@alpontif Great. I am happy to hear that. Now, please Engineer, kindly respond to my specific questions, I am really curious to hear your perspective..

@scholar_bt You are arguing execution with an Engineer, and Someone that has been running his own business for at least a decade in Nigeria?...

@alpontif ...& GE to mann this space. Without too may words - tell me the local alternative. Same applies to ur Core Banking infrastructure - As of today, wat local capacity do u av to replace Finnacle & Flexcube? I am waiting!

@alpontif Pls wat exactly are u putting to me - u are not giving me specific examples to counter my argument, u are telling me u are putting it to me. Tell me 1) What local Capacity exists today to support DCS Technology in the Oil & Gas industry - Nigeria relies heavily on Schneider...

@alpontif ...with elections around the corner. The populace only understand results and they will ask you for evidence. So please answer the question and lets stop brandishing "buzz words"

@alpontif U actually havent. U av not clarified how u intend to continue governance while u are attempting to build local capacity or do u tnk the citizens will wait for the capacity to mature b4 dey start asking you "What av u even achieved?" - and dont 4get , this is an elective post...

@alpontif ...need to be balanced. U lots are fond of throwing words around and making wishful thinking but u rarely step back to ask pertinent questions and actually reason on "Execution" and that is always lacking. To "develop strategy" is easy but execution??? Dont even get me started

@alpontif 2)For the immediate operational issues wch u need to tackle as the Gov or President, how do u intend to balance that out or do u think u can afford to have a lacuna in governance? I hope my points av made it obvious to u that ideas indeed need to be thought through, priorities..

As you’re promoting your candidates to the public, try to include their impact, what they stand for, and how they can further benefit the populace. The days of emotionally blackmailing people into voting are over.

@alpontif Home grown capacity needs to be grown.we dont have the competencies yet but we can learn and be upskilled but as d GCFR, the ? u shd be asking is 1) How do i balance my ambition to be Pro-Nigerian content wit the revenues of the nation? These are the tngs u need to tnk thru

@alpontif Look, I am all for Nigerian Content and i believe firmly in it BUT we need to be pragmatic so we can come up with realistic solutions. Saying u will resume a new admin and jst stop granting permits to every non-nigerian entity out is a recipe for disaster. A very big disaster

Your Local Government gets roughly N5.6 billion yearly from FAAC. This excludes IGR.

The principle in income taxation is this: - Is it an income? - Is it a compensation for the work you do? If it is, no matter the name is it called (wage, salary, bonus, allowance, incentive etc), it is taxable. That is why it is called "income tax". All incomes are taxable except those specifically exempted in the law. If the law exempts annual bonus, it gives room for abuse. All you just need to do is ask to be paid say 10% of your pay on monthly basis and pack the remaining as annual bonus, thereby bypassing tax. And, when there is a tax exemption for an income (or part of it), it is usually targeted at some bigger economic goal. For example, when the law exempts voluntary contribution to pension from income tax, it is to encourage saving for the future. Sorry for being this serious, tax is my field and I explain at the slightest sight of misunderstanding 😀.

Flutterwave CEO joins Tony Elumelu and Jim Ovia in London to position Nigeria as Britain’s primary investment gateway thecondia.com/partners/flutt…