SURVIVING THE HARD TIMES

That times are extremely hard now globally appears  to be obvious to all Daily. Our budget estimates are suffering implementation because of scarce resources to match them.Yet things that we must do every day keep cropping up. The question is,

 how do we cope with the Hard times? Here are some useful tips on how to survive the hard times:

1.Always plan on how you will spend the little that you have: Most people have the wrong notion that planning has only to do with a large sum of money. This is totally wrong as you can plan even with one kobo.If you set out shopping with one kobo but don’t know what you want to buy ‘ you may end up buying anything which on the long run may not be what you need at the time.

2.Spent within your means, Never. never borrow to spent. Your budget should be within what you can afford.

3.Buy only the necessary.What you can do with out ,leave it at the moment.

4.Dont shop for shopping sake.

5And always ensure that you have reserve

Meanwhile .we may be facing  harder times in 2012.According to  Chief Economist; Mr Justin Lin,.Nations may face tough economic times in 2012.

GOVERNMENT LOSSES N733.5 BILLION TO STRIKE

It has been discovered that the federal government of Nigeria has lost a whooping sum of N733.5 billion as a result of the nationwide strike declared by the organized labour. A survey by TION’S BLOG revealed that:(1.) The Banking sector led the losers chart with about N400 billion.other losers are:

2.Information,Communication and Technology sector =N159.5 billion

3.The Maritine sector =N18 billion

4.The Manufacturing sector =N10 billion

5.The Capital Market sector =N10 billion .

It was therefore a thing of joy that the organized labour accepted the governments offer of N97.00 per litre and suspended their strike.From all indicatons ,if the strike has prolonged it is evident the economy of Nigeria would have collapsed. 

SHREWD OIL MARKETERS

When the Federal Government of Nigeria announced the withdrawal of oil subsidy with effect from 1st of January 2012,Oil marketers responded immediately jacking up the pump price from N65.00 to between N180.00  to  N200.00.
The organized labour protested for more than a week and the government re-introduced the oil subsidy and pegged fuel pump price at N97.00 per litre.
Now,Oil marketers are refusing to adjust to the new pump price.
How shrewd these oil marketers are?www.bbcafrica.com

MY HAPPINESS SHORTLIVED

In my previous post tittled'iam happy' i did state the the effect of the strike on Nigerians was great and that i was happy because the two sides in thd dispute have agreed to meet. However from all indications,the strike may resume as both sides have failed to reach an aggreement. May God save Nigeria!

THE NATIONAL STRIKE CONTINUES

The National strike which entered day 5 but was suspended for two day resumes monday. This follows the breakdown of talks between the Government and the organised. At the meeting labour insisted on N65,00 per litre while the Government side refused.Meanwhile,nigerians should be ready for more hardships as the strike continues.

FEEL FREE

'FEEL FREE' is a programme designed by Tion's Blog to give our readers and followers an opportunity to express themselves on issues of National or International importance.Each week,our team pick a topic, and our readers are also free to pick a topic. So this week our topic is ;SHOULD GOVERNMENT WITHDRAW SUBSIDY ON FUEL?

I AM HAPPY.

For more than 4 days, Nigeria, my country was engulved in crisis. The Federal Government withdrew subsidy on fuel and the organized labour said 'no' to it.

On 1^st of January,2011. The Federal Government gave Nigerians the new year gift by removing the subsidy. Meanwhile, the Federal Government had told Nigerians that subsidy will be removed in april,2012.

The labour, without any ultimatum declared a nationwide strike. offices, shops, markets, and even highways were closed.

However, yesterday, there were indications that Federal Government and labour met and soon, the issue will be resolved and the strike will be called off. I am happy.