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Atiku Withdraws Court Application – Atiku And The People’s Democratic Party(PDP) Withdraw Court Application Against INEC

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Atiku Withdraws Court Application - Atiku And The People's Democratic Party(PDP) Withdraw Court Application Against INEC
Atiku Withdraws Court Application - Atiku And The People's Democratic Party(PDP) Withdraw Court Application Against INEC

Atiku Withdraws Court Application – Atiku And The People’s Democratic Party(PDP) Withdraw Court Application Against INEC

The Independent National Electoral Commission has been ordered by the Peoples Democratic Party and its presidential candidate, Atiku Abubakar, to permit their agents to take part in the process of sorting out the ballots that were used for the February 25 presidential election. However, this request has since been withdrawn.

The PDP and Atiku both informed the Presidential Election Petition Tribunal, meeting at the Court of Appeal in Abuja, that they have decided to withdraw their applications to contest the results of the election, which were declared in favor of Bola Tinubu, the candidate of the ruling All Progressives Congress.

When the motion ex-parte, marked: CA/PEC/10M/2023, was called up for hearing on Wednesday, Atiku, through his team of lawyers led by Joe Kyari Gadzama, told the court that he filed a notice of discontinuance.

A three-person panel led by Justice Joseph Ikyegh then dismissed the application.

Atiku’s legal team met with the leadership of the electoral body on Tuesday, and as a result of that meeting, the decision to withdraw the application was made, according to a member of Atiku’s legal team who did not want his name mentioned.

He claimed that the initial application was made as a result of difficulties and administrative roadblocks they ran into at the INEC office while attempting to obtain access to the election materials as authorized by the court.

“However, INEC called a meeting of our legal team on its own before the March 13 application could be scheduled for a hearing.

“At that meeting, which took place yesterday (Tuesday), all the ambiguities were clarified. INEC promised to permit our agents to watch as some of the electoral materials we requested, particularly the ballots, were sorted.

“We believed that it would not be necessary to move forward with the hearing because that was the main request we made in the new application we submitted. We, therefore, filed a notice of discontinuance, which was subsequently approved, in order to save the court’s time.”

Finding Your Purpose – 12 Tips On How To Find Your Purpose And Unlock Your Best Life

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Finding Your Purpose - 12 Tips On How To Find Your Purpose And Unlock Your Best Life
Finding Your Purpose - 12 Tips On How To Find Your Purpose And Unlock Your Best Life

Finding Your Purpose – 12 Tips On How To Find Your Purpose And Unlock Your Best Life

Most people desire, among other things, to find meaning in their lives. Whether or not we realize it. Even though it sounds lovely, achieving it can seem difficult.

If you haven’t given your purpose much thought, you might have preconceived notions about what life is all about.

Our upbringing frequently shapes these preconceived notions about life in our families and communities. Our lives are meant to be married and to raise children. Or perhaps it’s achieving a certain financial goal or standing in society.

However, these kinds of successes frequently don’t result in the fulfilment that comes from discovering your unique sense of purpose. A personal sense of purpose is more of an ongoing influence on the world, big or small, than a specific end goal. Your why is your purpose.

Your sense of purpose serves as both a compass and a foundation through the years and daily. Purpose provides stability and a sense of direction even when things go wrong and the world seems to be turned upside down. Because of this, finding purpose is crucial to leading a happy, fulfilling life.

Even though it may seem lofty, it’s important to ask yourself what your purpose is. in an effort to respond. Greater happiness and success in all facets of your life can be attained by discovering your purpose.

So let’s dive into the big questions: purpose in life, why it matters, and 12 steps to finding your purpose.

What Is The Purpose Of Life?

“The purpose of life” is a topic philosophers have explored and debated for centuries. We won’t attempt to respond to that here. Your life’s purpose is important.

Most people eventually ponder the question, “Why am I here? ” It can be an exciting or terrifying question. Embracing the unsettling nature of this existential query can result in a stronger sense of self and more fruitful future directions.

Your life’s work is as distinctive to you as your fingerprint. Each of us has a unique set of abilities, life experiences, skill sets, and interests that excite us.

Although it is connected to these, purpose makes you who you are.

Even though the day is gloomy, you’re exhausted, and you know the tasks and challenges ahead will be difficult or boring, which motivates you to get out of bed in the morning.

The long-term goal is a purpose, not an immediate objective. There is never an end to it. But even having a strong sense of purpose can drain you. Because of this, your purpose should ideally mesh with your personal interests and joys.

Following your joy is referred to as ikigai in Japan, and it is a concept. Ikigai has become more well-liked in the West recently as a means of assisting people in discovering their ideal careers and career paths.

The idea is finding the areas where what you love, what the world needs, what you are good at, and what the world will pay for overlap. Your sense of purpose is created using both your passion and rational considerations.

If you’re fortunate, your job may have led you to your ikigai. For instance, a doctor should ideally feel that their goal is to relieve suffering or assist those ill.

Others may find it more difficult to connect their work’s meaning to their own sense of purpose.

We frequently give up the idealistic version of ourselves that yearns to discover meaning and purpose in life because of work, family obligations, and social expectations.

We hold that this trade-off is necessary and that pragmatic considerations are incompatible with meaning and purpose. But that’s not very useful.

You need a sense of purpose to keep you going over the long haul. And even when it seems like life is a series of compromises, you can still find and connect to your purpose by focusing more time on the things that make you happy.

Why Is Finding Purpose Important?

Finding your life’s purpose may seem like a nice-to-have, but it’s more crucial than you might realize.

Better physical and mental fitness are benefits of leading a meaningful life. Additionally, it lowers the danger of chronic illness. Even longer life spans have been observed, according to numerous studies.

Being able to relate to other people gives one a sense of purpose. While isolation and loneliness can lead to an existential crisis, using your gifts in service of others can assist you in discovering your true purpose.

Your purpose will probably evolve over the course of your life. Staying connected to your purpose can be facilitated by ongoing growth and advancement.

Tips On How To Find Purpose In Life

Many people wonder, “What is my purpose,” so you are not alone. According to one study, only one-fourth of American adults say they have a distinct sense of purpose.

If you belong to the other 75%, use these 12 suggestions to start your quest for meaning and purpose in life.

1. Develop A Growth Mindset

A sense of purpose is related to having a growth mindset. You can find your purpose and commit to pursuing it by constantly improving and growing as a person.

A growth mindset also allows you to:

  • Accept obstacles as opportunities
  • Be persistent despite failure.
  • Accept constructive criticism and feedback.

2. Create A Personal Vision Statement

You can manage stress and achieve balance by creating a personal vision statement. It also acts as a road map to help you reach your goals by determining your core values and what’s important to you.

Making decisions that are in line with your values is made simpler when you have a purpose statement, and it also keeps you motivated as you pursue your individual objectives.

3. Give Back

Your sense of meaning and purpose in life may be enhanced by prosocial behaviour or giving back as it is known in psychology. This implies that by helping others, you are also helping yourself.

Look for opportunities to help others. You might want to donate your time or money to a cause that appeals to you, volunteer in your community, or donate your skills. Alternately, try performing random acts of kindness to spread a little joy.

4. Practice Gratitude

According to the prosociality study, emphasizing gratitude and charitable deeds improved a participants’ sense of purpose.

According to a different study, prosocial behaviour and gratitude trigger the same reward mechanisms in the brain.

Additionally, it discovered that practising gratitude can encourage generosity and kind deeds, both of which have been linked to a sense of purpose.

It can be awkward at first to practice gratitude. Positive thoughts can feel strange because we become so accustomed to negative ones.

Write three to five things you are grateful for as soon as you wake up or just before you go to bed at night to get started.

5. Turn Your Pain Into Purpose

Life is difficult for everyone. As a result of overcoming these obstacles, we develop our individual strengths and perspectives.

Many people seek assistance when dealing with a significant life change. Some people later discover their calling by aiding those going through the same struggles they did.

Some people decide to work with people directly, such as a social worker or life coach. Through the arts, such as writing, painting, or music, other people find ways to influence the lives of others. Some go on to speak motivationally.

How you transform your pain into purpose is up to you.

6. Explore Your Passions

Your hobbies and interests can give you a good idea of your life’s work. But it can be challenging to find them. They can cause us to lose sight of them because they are so deeply ingrained in our thoughts.

Ask those who know you best if you are unsure of your passions. Without even realizing it, you’re probably already pursuing them somehow.

Maybe you serve as an informal mentor to young people in your neighbourhood. If so, you might be passionate about that.

Consider your strengths as a way to discover your passion. Someone who excels at assisting others in finding solutions to their problems may want to think about a career as a coach.

You might prefer to keep your passion a hobby rather than turning it into a full-time business or side gig.

7. Be Part Of A Community

Being involved in a community can help one feel more connected to others, which is what it means to have a purpose.

You’ll find that many people share your interests, values, and passions once you’ve identified your purpose.

You can find that sense of connection with others while collaborating with them to achieve a common objective by joining or forming a community.

8. Spend Time With People Who Inspire You

According to motivational speaker Jim Rohn, you are the average of the five people you spend the most time with.

Spending time with people with a positive attitude and a sense of purpose will probably encourage you to do the same. They might even help you find your purpose.

Ask yourself who you spend time with, looking beyond your coworkers and family. Examine those connections to ensure you are surrounded by upbeat, aspirational people who encourage you.

9. Read

Reading fiction is one of the best ways to broaden your thought process. Books that are nonfiction are helpful for learning about specific topics. However, studies indicate that reading fiction might have more advantages.

Your empathy and critical and creative thinking will both improve after reading fiction. This is due to the fact that when you put yourself in a character’s shoes, you picture how you would respond in that circumstance.

Reading also fosters relationships with people from various eras, locations, and cultures. By doing this, you can develop a sense of connection that gives you a sense of meaning in life.

10. Join A Cause

Each of us is deeply committed to a cause. Perhaps social justice, animal welfare, or the environment are important.

Fighting for a cause ties together several of the tips mentioned above, including:

  • Giving back
  • Forming part of a community
  • Doing something you’re passionate about
  • Surrounding yourself with people who inspire you

Perhaps you want to raise money for a specific disease’s research or provide green spaces for inner-city kids. Whatever it may be, getting involved with a cause will increase your sense of purpose.

11. Practice Self-Acceptance

By acknowledging your limitations, you can be kinder to yourself when things are unplanned. We all make mistakes, so try to look at each setback as an opportunity to learn rather than beating yourself up for them.

You can improve your self-awareness and self-acceptance by practising self-compassion. You’re more likely to give your best effort in every circumstance when you accept who you are in all of your complexity. This could happen at work, with your family, or while engaging in your favourite activities.

This may result in a deeper kinship with everyone and everything you do, giving your life more significance.

12. Take Time For self-care

Self-care can take many forms, and only you can define what that means. Maybe you enjoy walking in the woods, practising deep breathing, or writing about your challenging emotions in a journal.

Why, then, is self-care so crucial? Because our minds are most creative when they are relaxed. When you compete with yourself, you cannot accomplish anything or be of service to others.

Have you ever noticed that some of your best ideas come when you’re in the shower? That’s because our minds are more open and receptive to the flow of ideas than they are when we try to force ourselves to think.

Creative thinking comes naturally when our minds are in a state of relaxation. And it can lead you closer to finding your purpose.

Finding Purpose In Life Doesn’t Have To Be Hard

Behind every successful person is clarity of purpose. And unless you find yours, you’ll continue to cruise through life on autopilot. You may find yourself knocked off-course and lost, uncertain how to move forward or which direction is forward. Or, life may be smooth but one day you may look back and wish you had used your time differently.

Identifying, acknowledging, and honoring your purpose is the foundation of a well-rounded life. It requires some courage because it opens up questions and ideas that might not be comfortable. Yet it’s worth it. Purpose provides you with an inner compass that guides every decision and leads you to the experiences that will light up your soul.

It can be challenging to identify your purpose and link it to fulfilling work. Supportive direction can be useful. Get in touch with BetterUp if you want assistance discovering your calling and adding more meaning to your life. One of our knowledgeable coaches will be glad to help you.

Friendships – 7 Signs You’re A Bad Friend And How To Be Better

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Friendships - 7 Signs You're A Bad Friend And How To Be Better
Friendships - 7 Signs You're A Bad Friend And How To Be Better

Friendships – 7 Signs You’re A Bad Friend And How To Be Better

It’s simple to blame your friends when you feel your friendships are lacking. However, it might be wise to check yourself in the mirror first. Sometimes the issue is with us, not with them.

That said, there are times when we all struggle, such as when we’re going through a job loss, a family crisis, or a mental health issue, and we don’t behave as admirably as we would like to under normal circumstances.

But when this unkind or harmful behaviour toward friends becomes a recurring pattern, it must be addressed. You run the risk of losing those connections if you don’t.

Not sure if your friendship game is strong enough? We consulted experts to share warning signs that you might not be a good friend and provide suggestions for improving your friendships.

1. You Always Manage To Steer The Conversation Back To Yourself

You always find a way to bring the conversation back to you when your friend starts to talk about their job promotion or the new person they’re dating.

“No conversation should be perfectly balanced in terms of who speaks more. Additionally, in some friendships, one person tends to talk more than the other, and that can be OK, according to psychologist Andrea Bonior, author of “Detox Your Thoughts, “said HuffPost.

“But it stings and destroys the sense of reciprocity that is so important in friendship if you consistently hijack it back to you when your friends try to confide or discuss something about their lives.”

How To Fix It: Improve your capacity for attentive listening. Bonior advised to practice maintaining eye contact and using open, encouraging body language when your friend is speaking. It demonstrates that you are listening and genuinely want to learn more from them.

Before you talk about yourself, consider whether you might be interfering with the story the other person is telling.

2. You Commit To Plans, Already Knowing You’re Going To Back Out

Understandably, events in life may cause plans to be changed or cancelled. However, it’s rude if you frequently say “yes” when you really mean “no”—for example, to accompany them on a wine-tasting excursion or help them move. Being truthful is preferable to cancel at the eleventh hour.

According to Bonior, “there’s a subset of people who are afraid of the discomfort of initially saying ‘no,’ so they say ‘yes’ to avoid that discomfort. “But in the end, it only leads to more disappointment. That is unfair to friends and gradually destroys trust.”

How To Fix It: Defeat the urge to reply right away. According to psychologist and friendship expert Irene S. Levine, it’s acceptable to think about it and get back to them later if you’re unsure if you can swing it.

And keep in mind that you don’t have to comply with all of a friend’s requests, Levine advised. “If you need to decline them, do it upfront rather than when they depend on you. Make only commitments you can keep.”

3. You’re Good At Making Friends, But Not Keeping Them

Levine said, “You are outgoing, friendly, and well-liked; you can make friends easily, but you can’t make the friendship last or go deeper. Naturally, not every relationship is meant to last, and that’s okay. However, there might be a reason if you’ve had a run of brief friendships that didn’t end on your terms.

How To Fix It: Take some time to reflect on why these bonds frequently fail or gradually fade away. Perhaps your former friend offered you some helpful criticism that could provide a hint.

Or is there someone else in your life who could offer some advice?

If this behaviour becomes a pattern and you cannot overcome it, Levine advised talking to a life coach or mental health professional who can give you the tools you need to maintain your friendships and assist you in figuring out what is going on.

4. You’re Never The One To Initiate Plans Or Check In First

It’s common in friendships for some people to be the planners and others to prefer to go with the flow. However, if the effort is completely lopsided—for example, if they are always the ones to call and invite you to events—this could lead to resentment.

How To Fix It: “Genuine friendships require mutual support. Your friends may interpret your passivity as a lack of interest in the friendship if one person always takes the initiative, “Levine declared.

Sharing your interests with your friends can strengthen your bonds with them. For example, you might ask them to watch a TV show with you simultaneously during the pandemic or invite them over for a barbecue in your backyard.

Basically, your friend needs a gentle reminder that you value the friendship just as much as they do, Levine continued.

5. You Constantly Lean On Your Friends For Emotional Support, But They Don’t Turn To You

Your closest friends will be there for you in difficult times to support you. However, you can’t keep requesting so much of your friends’ time, attention, and emotional energy without giving anything in return if you treat every hiccup or minor setback in your life like a crisis.

According to marriage and family therapist Amanda Baquero, balancing how much support you require and how much your friend can offer can be challenging.

The fact that you always seem to have a lot going on may make it difficult for your friend to reach out to you and discuss their problems.

How To Fix It: Make it a point to call your friends to check in on them and find out how they’re doing, advised Baquero, in order to restore harmony to the friendship. No hidden agendas; keep the conversation focused on them.

Also, try to include the good things when you want to talk about what’s going on with you, she advised. Reach out to other friends and family members as well, rather than relying solely on one person, “to make sure that you aren’t taking advantage of a giving friend,” Levine advised.

And don’t forget to express your gratitude to your friends when they come through for you and help them out in return.”If she’s extended herself, make it up to her by inviting her to dinner or finding a way to make her life easier,” Levine said. “Of course, also express your appreciation verbally.”

7. You Resent Your Friends’ Happiness And Success

As humans, it’s normal to get jealous occasionally — and those pangs can help us uncover things we want to change in our lives.

But when you begrudge a friend’s new job, house or relationship so much that it becomes impossible to celebrate their success, that’s another story. Maybe you find yourself competing with your friends or trying to one-up them. Maybe you’re secretly pleased when things don’t work out for them.

“A real friend would be happy for your achievements and good fortune. You want a friend to support your dreams and life goals,” marriage and family therapist Marni Feuerman previously told HuffPost.

How To Fix It: Don’t beat yourself up over your feelings — give yourself some grace. Instead of trying to suppress the jealousy and hope it disappears (it won’t), acknowledge it and listen to what it might be telling you.

And remember that just because it seems like a friend’s life is charmed doesn’t mean it’s actually perfect. They may be struggling in other ways.

If it feels appropriate, you might consider telling the friend how you’re feeling.

“Hearing that someone is envious of us can feel particularly awkward or uncomfortable, regardless of whether it’s something we have control over,” psychologist Miriam Kirmayer wrote in a blog post for Psychology Today.

“But saying something like: ‘I know I’ve been a little distant lately, and I wanted you to know that it’s because I’ve been struggling with…’ or ‘I want you to know that I’m really happy for you. It’s hard for me because…’ can be the starting point for a meaningful conversation that will ultimately strengthen your friendship.”

Small Business Challenges – Top 15 Challenges Small Businesses Are Facing Today

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Small Business Challenges - Top 15 Challenges Small Businesses Are Facing Today
Small Business Challenges - Top 15 Challenges Small Businesses Are Facing Today

Small Business Challenges – Top 15 Challenges Small Businesses Are Facing Today

Though it can be exciting, starting a business can also present many challenges for many small business owners. Some of the biggest business challenges many small business owners face can be attributed to a simple lack of knowledge.

While success is never guaranteed in business, careful preparation can help ensure a small business’s survival in the long run.

Why Do So Many Small Businesses Fail?

Lack of preparation or a flawed business model are the main reasons business leaders fail. Maintaining operations without a clear strategy can be challenging, especially when money is limited. Small businesses frequently face obstacles like scarce resources, low capital and operating costs, marketing and advertising trouble, and market leaders’ competition.

Top Small Business Challenges In 2023

Lack of understanding could potentially be the biggest small business challenge of all. Let us take you through 15 challenges that may hinder the business success of owners today.

1. Cash Flow

All businesses, especially small ones, are very concerned about cash flow. When cash flow is constrained or unpredictable, a company may find it difficult to fulfil even the most fundamental obligations, like making payroll and paying vendors.

Late fees, increased difficulty obtaining financing, and diminished confidence from current clients and investors may result in higher costs. Ultimately, this increases the possibility that the company will eventually fail.

2. Supply Chain Disruption

Small business owners depend on their supply chain to maintain the efficiency of their operations. Disruption can be very harmful when it happens. Supply chain problems can cause missed customer orders, lost sales, and delays in the delivery of goods.

Additionally, finding new materials or providing customer service may cost more. Small businesses may suffer serious financial consequences, including lower profits, job losses, and bankruptcy.

3. Customer Acquisition

Running a successful small business requires several key components, including acquiring customers, raising brand awareness, and developing sound marketing strategies and campaigns. A company could not continue growing and diversifying its clientele without new clients.

A small business can expand and become more profitable by acquiring new clients and monitoring key performance indicators. It can also do this by raising brand awareness among potential clients and increasing its visibility.

However, doing it correctly can be costly, time-consuming, and difficult. Incorrect execution could result in lost time and money and harm the brand’s reputation.

Therefore, any small business owner needs to consider their approach to customer acquisition carefully.

4. Undiversified Customer Base

Most companies that have an undiversified customer base run the risk of having operational and financial instability. If the market isn’t expanded, the business might experience unexpected losses or drops in demand as its clients’ needs evolve.

Lack of diversification can also make it difficult for a company to access new sources of growth, making it more susceptible to industry-specific or general consumer spending trends-related economic downturns.

Therefore, to reduce risk and increase the likelihood of success, businesses must be aware of the significance of having a sufficient spread of customers across different categories.

5. Balancing Quality And Business Growth

One of the most crucial choices a small business must make is balancing quality and opportunities for business growth. While business expansion can result in higher revenue and profit potential, quality products and services help foster customer loyalty and trust.

It can be challenging to balance between ensuring you have the resources required to maintain quality and setting goals for increased business growth.

The secret to long-term success in any small business is having an effective strategy that prioritizes quality production and continuous improvement while still investing in plans for professional expansion.

6. Company Culture

The importance of company culture in running a successful small business is frequently underrated. It establishes the tone for how workers interact with one another and can significantly impact how well the company performs as a whole.

Collaboration, creativity, open communication, and trust among coworkers are all fostered by a positive workplace culture. This may foster an atmosphere that inspires workers to put in extra effort and propels them forward.

Unhealthy workplace dynamics can result in conflict, low morale, and sluggish progress, all of which can impede the expansion of a small business. Therefore, creating and sustaining a positive workplace culture is crucial for small businesses if they want to succeed.

7. Customer Satisfaction

Customer satisfaction is one of the key drivers of small business success. Repeat business, more word-of-mouth advertising, and excellent customer feedback all result from happy customers.

On the other hand, a dissatisfied customer can have detrimental effects such as decreased sales, fewer referrals, and negative publicity.

To build a loyal customer base, small businesses must work to offer the best possible customer experience.

8. Economic Trends

Due to their constrained resources and tight budgets, small businesses are particularly susceptible to changes in economic trends. When the economy is weak, consumers frequently cut back on their purchases, which can leave small businesses with fewer clients.

Additionally, rising interest rates and fuel prices impact business costs generally and reduce profits. Small businesses must monitor economic trends and make necessary adjustments to stay competitive in a constantly shifting market.

9. HealthCare

The rising cost of healthcare frequently puts small businesses at particular risk. The expense of offering health insurance to employees can significantly affect a company’s bottom line due to its limited resources.

Although the Affordable Care Act has made a difference in easing some of this burden, many owners struggle with related expenses like high premiums and taxes on medical services.

10. Time Management

Small businesses frequently face significant pressure to manage their scarce resources effectively and efficiently. To accomplish this goal, time management is essential because it keeps businesses organized and focused on the most crucial tasks.

Ineffective time management can result in lost opportunities, resource waste, and employee resentment.

Better time management techniques and marketing automation are two areas where small businesses can concentrate on ensuring their limited resources are consistently used efficiently.

11. Government Regulation

Governmental regulations can significantly impact the operations of small businesses. Compliance with governmental regulations, from taxes to workplace safety laws, can have an impact on a company’s bottom line as well as its capacity to compete in the market.

Changes in governmental policy can also present opportunities and difficulties for small businesses, so success depends on developing the best strategy for navigating these rules.

12. Taxes

Taxes play a big role in small businesses. They can be intricate and demand a thorough knowledge of the law.

They may also be expensive, consuming a sizable portion of revenue from the business that would otherwise be used to expand or reinvest in current operations.

Because they cannot afford the costs of adhering to various regulations and filing deadlines, taxes can occasionally even prevent small businesses from succeeding.

13. Losing Passion

Losing enthusiasm for your work can harm a small business, harming team morale, customer relationships, and product quality.

Customers might not trust your goods or services without passion for what you do, resulting in slower and lower sales. Losing passion can result in a lack of innovation and attention to detail in the products and services produced.

Additionally, the team begins to lose motivation, which raises the employee turnover rate. In other words, if a small business loses its passion, it could have serious repercussions and ultimately fail.

14. Market Competition

Intense market competition can have a negative impact on small businesses. When many companies offer comparable goods and services, it can lead to a market with aggressive pricing and narrow profit margins, making it challenging for small business owners to make a profit.

Any small business’s success depends on its capacity to understand its target market and stand out by providing distinctive advantages that attract new clients and maintain existing ones.

15. Recruiting Employees

A small business’s ability to hire employees can significantly affect its success. The right group of employees can boost productivity, open new doors, and pave the way for expanded growth.

Incorrect hiring decisions can also cost the company money and resources. Making sure that recruitment is handled carefully requires time and effort.

How Do You Overcome Challenges Facing A Small Business Owner?

Despite these obstacles, some small business owners discover that they can stay in business by knowing their target market and the current market trends, creating a successful business plan that makes the most of resources while reducing risk, and having enough start-up capital.

When starting a business, there are always risks, but careful planning can raise the likelihood of success.

Old Naira Notes – What CBN Policy Did To Abuja Residents

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Old Naira Notes - What CBN Policy Did To Abuja Residents
Old Naira Notes - What CBN Policy Did To Abuja Residents

Old Naira Notes – What CBN Policy Did To Abuja Residents

  • Mixed reactions have continued to trail the Central Bank of Nigeria’s reintroduction of the new naira notes
  • This is as workers and residents of the Federal Capital Territory, Abuja, lament bitterly over the struggle of getting the old and new naira notes for use
  • However, they urged the CBN’s management to give commercial banks access to both the old and new naira notes as soon as possible.

Following the Central Bank of Nigeria’s cashless policy and the redesign of the Naira notes, it has been difficult for the majority of Nigerians in recent months.

Nigerians had complained about the shortage of Naira notes, saying it was getting harder by the day and impeding both their economic and daily activities, despite the initial deadline being extended and allowing the 200 Naira notes to circulate alongside the new notes introduced by the CBN.

Most Nigerians, particularly market women and children without bank accounts, were forced to deal with the difficulties of conducting regular business.

According to a CBN statement issued on Monday, March 13, banks must start paying and accepting old Naira notes from customers until December 31st in accordance with a Supreme Court ruling.

This followed a statement from the presidency in which it was claimed that nothing was preventing the CBN from following the Supreme Court’s ruling that extended the deadline for old Naira notes to December 31.

FCT Employees Regret The New Naira And The Cashless Policy.

Before the recent decision to extend the legal tender status of the old notes through December 31, residents and workers in Abuja, the Federal Capital Territory, had daily struggles with how to get to work.

Most residents of Abuja are civil servants who travel to work primarily on public transportation. They had to contend with the extreme conditions of daily struggle to get themselves to their offices during the time period under review.

While some workplaces showed their employees compassion and understanding when they were unable to obtain cash to resume working there, other workplaces insist on prompt resumption to work every day.

On Tuesday, March 14, they spoke with some employees at the Federal Secretariat to gauge their thoughts on the most recent CBN statement. They exhaled a sigh of relief, stating that the policy was stifling their productivity on a daily basis. The majority of the workers held the opinion that it was a good policy if backed up with workable technology.

Poor internet, Mobile Banking Frustrated CBN, Emefiele

Mr. Anthony Ochekwu from one of the ministries at the secretariat argued that the CBN policy would have affected the people positively only if it was backed up by good internet and mobile banking.

He said:

“It would’ve been successful. It was a sensible policy. The lack of readiness on the part of the commercial banks is the issue with the policy. The majority of them struggled to adapt to the innovation. Their online and mobile banking was overloaded. You must confirm that all commercial banks have upgraded their platforms before implementing such a policy.

People should be able to transfer if they are unable to withdraw cash. You become frustrated when you are unable to transfer funds or use cash. At that point, anything is possible.”

How Naira scarcity Affected Workers

Another government employee, Miss Mary Anthony, bemoaned the cashless system and claimed that reporting for duty was a daily struggle. “You can tell when I’m coming back to work. The outcome of this policy is it. I’m sorry, but I’m having trouble with the policy. To get N1000 cash to pay for my T.p., I had to practically beg a gas station attendant in the car that was taking us to work.

In fact, after I transferred the N1,000, the attendant gave me N800. I’m not alone in thinking this way. Many people experience this on a daily basis. People have money that is unavailable for use. The economy is fueled by consumer spending. What market women have gone through since is only imaginable.

Policy Affects Both Poor And Rich

However, Mr. Dominic Sunday, a construction worker in Utako, Abuja, claimed that this was the only policy that had an impact on both the country’s rich and poor.

He said,

“Oftentimes, government policy is one-sided. It’s usually the ordinary man that bears the brunt, but this very one is different. Nobody had the cash, both the rich and the poor. Our saving grace is because Nigerian governors were affected and they fought get CBN for it.”

It has been claimed in various places that some governors’ cash hoards at home were the reason they took the CBN all the way to the Supreme Court.

But the governors have since denied the allegation, saying the policy was affecting the ordinary people in their states. Kaduna State Governor, Nasir El-Rufai had put up a defense in support of the governors on several occasions.

Recently, some point-of-sale (POS) operators generated strong business despite the absence of cash. Those with connections at banks were the ones who made the most money. They charge as much as 300 Naira for N10,000 because they collaborate closely with some privileged bank employees.

According to Miss Ene Augustine, a resident of Life-camp in Jabi, it was the most difficult time since she was born. She asserted that currently, not much could be done without money. We have really suffered from this cashless system.

The neighborhood butcher has closed down in protest of us. The cobblers are not here anymore. They lack any financial accounts. Just salt and pepper are very difficult to find here.

Rights Group Cautions CBN

In a statement released in response to the CBN’s most recent directive, the Human Rights Writers Association of Nigeria, HURIWA, said it is important that the CBN release funds on schedule.

He said:

The CBN should immediately release new and old naira notes to commercial banks for onward and instant disbursement to millions of Nigerians who have been groaning in bank lines and have been unable to spend their hard-earned money in the last three months, beyond rhetoric and reluctant compliance notice to banks.

“Many workers have not been able to go to work because there is no money for transport fares despite that these millions of workers have money in their bank accounts but can’t access it due to the wicked and anti-people policy of the government and the CBN especially. HURIWA also backs the Nigeria Labour Congress on its planned nationwide protest after its seven-day ultimatum on the naira crunch. Enough of impunity!”

Positives From CBN’s Cashless Regime

The regime has positive aspects despite its flaws. Due to the fact that people’s savings were held captive in financial institutions, banks are reportedly the biggest winners from the policy. Those who engaged in transferring funds had to pay different charges.

A banker who does not want his name in print told Us that banks made so much money from just opening accounts for people who never had one before the introduction of the policy. This has further strengthened the banking sector.

The majority of analysts have also noted that cash-related crimes have significantly decreased since the Naira notes have become scarce. People no longer keep cash at home, which has led to a decrease in crimes like armed robbery, burglary, and kidnapping.

The crime rate is anticipated to increase as a result of the deadline extension, according to a security expert with Halogen who did not want his name mentioned.

Meanwhile, it is yet to be seen if the old Naiara notes already returned to the CBN will still be sent back to the commercial banks and will be enough to go round in a short while. This will become clearer in a matter of days.

Femi-Fani Kayode Calls Emefiele Terrible Names, Reveals How The World Will Remember Him

Femi Fani-Kayode, a former minister of aviation, blasted Godwin Emefiele, the governor of the Central Bank of Nigeria (CBN), for punishing Nigerians after the old naira notes were put back into circulation.

In a tweet, Fani-Kayode referred to Emefiele by several different names, adamant that future generations would harshly judge him for the redesign of the money. The following will be engraved on his gravestone when he passes away.

Death Threat – Tinubu’s Gombe Campaigner Denies Death Threat To Parents

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Death Threat - Tinubu’s Gombe Campaigner Denies Death Threat To Parents
Death Threat - Tinubu’s Gombe Campaigner Denies Death Threat To Parents

Death Threat – Tinubu’s Gombe Campaigner Denies Death Threat To Parents

Jamilu Gwamna, the Shettima/Tinubu Campaign Council’s Gombe State Coordinator, has claimed he did not threaten mothers in the state that they would lose their children if they supported the PDP in the elections scheduled for next Saturday.

At a press conference in Gombe, Gwamna made this admission in response to claims made by Ayuba Aluke, the spokesperson for the PDP campaign office, that he had threatened parents in Bolari West in exchange for votes.

Gwamna asserts that the opposition PDP has grown increasingly desperate over time and emphasizes that he would not wish for any Gombe person to perish as a result of any pursuit.

“I went to canvass votes for my party before the upcoming governorship election,” Gwamna remarked. It is a neighborhood I’m proud of and a street I cherish. I went to the crowd to ask for their help in getting my party elected. I urged people to cast their ballots for Governor Inuwa. There was nowhere I mentioned that someone’s mother would give birth to another child; it was a passionate appeal.

“The Peoples Democratic Party previously sent numerous thugs to that region. We merely issued a warning, saying in Hausa, “Anyone who comes near the ballot box that day will be removed,” to the local boys, telling them not to risk it this time. However, they now erroneously believe that to mean that they will be put to death. This is untrue.”

Regarding the rumored threat’s spread, he commented, “This is a typical PDP desperate move, their desperate propaganda, because to be desperate enough to twist something that is not there is really the height of incivility. This is pure desperation; it’s not political.

“To understand that I mean no harm to anyone, especially the people of Gombe State, people should look at my background. I love the people of Gombe State very much, and I will never do anything that could result in the loss of life.” Regarding the APC’s chances in the governorship election, he stated, “By God’s grace, we are in a strong position, and I am confident that we will win on Saturday. Inshallah, on Saturday, we will prevail.”