THE BUDGET AND THE ECONOMY

The controversy surrounding the budget and the massive corruption discovered in it is something of a major concern, especially now with the present economic situation experiencing in the country following the fall in oil prices. Many have called for total withdrawal of the budget and for every ministry to go back and work on its departmental budget before compiling the whole budget, as many ministers have come to disown the whole or part of the budget concerning their ministries.

Recent cases have shown many minister are not aware of what is contained in the budget of their ministry, as was that of the minister of health, who in a Senate hearing disown the budget as it contains a lot of discrepancies and also the Minister Of information and culture, Lai Mahammed has also deny knowledge of almost N300 million budgeted for acquiring computers, as he said he does not know where that is coming from and believe the amount is too much for such a project.

The problem with the budget is that millions if not billions of Naira are going to be spent on over blotted project and in some cases nonexistent project as some corrupt party has manipulated them into the budget in a period where the country is experiencing a serious economic downturn, one it has not experience in decades and thus the country is looking to borrow to be able to finance the budget. And also the government had implanted some taxation measures on citizens to raise enough money to finance the budget.

Now the fear of most citizens is that the sacrifice Nigerians are being made to pay through taxation and the interest to be paid for borrowing to finance the budget is just going to go down the drain in corrupt practices by some few through the civil services it is the usual practice.

The government through the finance minister came out of recent to announce that they can reduce the budget deficit from money saved through the implementation of the Treasury Single Account TSA and how it has saved millions of Naira.

Now from the budget figures and the error noted so far, a proper look and professional analyses of the budget will save the country some millions of naira as the TSA did and further reduce the budget deficit and reduce the amount to be borrowed both internally and externally and in so doing saving the economy for further depreciating.

The best thing is to withdraw the budget and carry out a proper forensic audit and block loopholes prosecuting those involved in manipulating budget figures and come out with a revised budget. This will reduce cost, safe the economy and help in reducing corrupt practices in the civil service.

Manchester United Dominance Coming To An End?

There is no club in the premiership with enough pedigree as Manchester United, but could we be seeing the end of their dominance in the English premiership.



Since the departure of their long time couch, Sir Alex Ferguson, Manchester United has been struggling to make it to the top four of the most prestigious league in the world, continuing with this season where it is likely they will come below fourth at the end of the season with their week to week performance. They have already be eliminated from the Champions league at the group stage after failing to make it to the Champions League the previous season under David Moyes.

The club had been unable to find their feet after the exit of Alex Ferguson who spend more than 25 years running the club and was the key to their dominance in the premiership, his handpicked successor David Moyes ran the club down to their lowest finish at 7th position before he was fired and the board decided to go for the experienced Luis Val Gaal, and after his first season when he took Manchester United back to the Champions League, many though it was a building process that will see the club bounce back to his glorious position as the pride in English football. But this season has been one of disappointment as the fans experienced the team fall short when they were expected to be delivering.

The fans are not happy with his not too enterprising lay back kind of football as it has seen the team dropped points in advantageous positions. The fans believe the team are not playing the Manchester United way and Van Gaal has been accused of being too cautious, not attacking enough and outdated.

Manchester United are yarning for the days of Alex Ferguson, and his attacking style of play, but too bad for them, he is gone and probably the Manchester United era of dominance has gone with him as well.

Destruction Is A Fast Process

I was on my way to church on a Sunday earlier this year when i ran into a commotion. The area was covered with ash laden smoke and the street full of people, some running away from the fire, some running towards it and some just staring, observing what is happening.

On a closer look, I saw a building was on fire, the whole story building was ablaze and was almost engulfing buildings close by.

As I gaped at the burning building , while others were trying to fight the fire pending arrival of the fire service, I was just pondering on how fast the destruction of a story building that took so much time to build was just razed in just a little time.

And that is how process of destruction move so fast, it takes time and much efforts to build but little time and less effort to destroy. A reputation, career, health or lifestyle can be destroyed in less time and effort it takes building them and in most cases these destruction are brought by our actions.

We have seen cases high profile people where their negative lifestyle had crumble their years of hard work and rob them of a fulfilling life.

The point while the process of building is slow, destruction is fast and we just have to watch out for factors that can bring about destruction of what we have built over the years.

Uefa Team Of 2015

UEFA named its Team Of The Year and as usual the two Spanish Giants Real Madrid and Barcelona dominate the starting XI - without any surprise no player from the Premier League has been included in the Starting XI for 2015 even Eden Hazard was left out;what will Zidane think now.


Barcelona has 4 players in the team,Real Madrid manage to get 3 players including Ballon D'or Contender Christiano Ronaldo,Paul Pogba from Juventus made it for the first time in his young career and Bayern Munich stars completed the line-up with Manuel Neuer in goals and David Alaba at left-back.


Shockingly Luis Suarez were left out from the Starting XI and manage only a place in the Substitutes.
Alexis Sanchez was also no where to be seen even after his outstanding performance for Arsenal and winning the Copa America with Chile.Bizarre decision by UEFA to include James Rodriguez in place of Alexis.


Source: http://pkr07.blogspot.com.ng/

Arsenal Second To Barca As Best Team In 2015

In 2015 Arsenal are only beaten by barcelonia as the team with the highest point of 2015 in the top 4 European league. While in English top four league Arsenal has the highest point in 2015 beating the EPL winner Chealsea by 9 points. With this kind of performance Arsenal fan would be wondering why it has not be managed properly to see the team win the EPL

Manchester United Shareholders Not Happy With Van Gaal

Its seems most shareholders of Manchester United are not happy with the way Van Gaal is handling things at the club as it seems to be affecting share prices. Share prices are dropping due to the bad performance which is reflecting on the financial situation at the club. Recall that the club spent almost 300million pound in strengthening the squad for Van Gaal and with seeming very likely that the club will go without any silverware this season and unlikely to make champion league, share prices are dropping with anticipated reduced revenue and couple with the fact the club might spend big again in summer on the transfer market. Will this add to the already pilling pressure on Van Gaal to leave?

Getting a degree is no longer sufficient to secure a job

Once upon a time, the standard pathway the majority population believes in was to go to college, get the degree, then you will get a good job. Now a days, that is no longer the valid case, I believe the current meta is to have at least market average education level (higher recommended), plus decent relevant work experience in the field where you picture your career belongs. The market average education level has been increasing over time, the typical high degree 10 years ago was a bachelor degree, but now a master degree is more like it. Let's face it, what we learn from university is not all we need to do our job. Speaking from personal experience, things I learned from my education probably only constitutes 20% of what I use on my job, perhaps even less than that, everything else I had to learn on the job and on my own time. More and more organizations are tend to hire people they can use without too much training. Thus why relevant work experience during your studies is essential. Advice to current university students: If you are capable to go higher on you academic path, go for it, it is much harder to come back to study after you exit. Do get some work experience under your belt, the early the better, intern ships are great opportunities to explore the industry and learn the work space.