SALARY VISIONARIES....! MEDICINE for managing POVERTY

The poorest group of people in the world are Salary earners. They live in a vicious cycle of poverty. Referring to them as servants of civil which made them uncivilized. They categorized them as common men, tax payers and middle class citizens. 

If you ask who are highest class citizens, you will hear people who create wealth with their ideas. People who are Entrepreneurs in making and people with wisdom to create and innovate. (nothing to something).

Salary is continuously being awaited every month ending and any slight delay brings about heartbreaking anxiety and disappointment. Family become worried. Mind set to chaos and relatively angry. But when the salary finally arrived, we end up paying unexpected debts. The lack of financial management only set in the philosophy of salary earners.

HOW FAKE Naira Notes Flood Nigerian Markets - Ex CBN Chief Reveals

Twenty per cent of the currency in circulation is fake, a former Deputy Governor of Central Bank of Nigeria (CBN), Dr. Obadiah Mailafia, has disclosed. He made the disclosure yesterday while speaking at the opening session of a three-day public hearing on the 2017 budget appropriation process in the National Assembly on the topic: “Public Finance in the Context of Economic Recession: Innovative Options.”
Mailafia who said investors’ knowledge of the huge economic potential in Nigeria was the reason for the recent oversubscription of the $1 billion Eurobond sale by the federal government, adding that it was saddening that the concerned authorities appear to be oblivious of the gravity of the fake currency in circulation, which he said was highly detrimental to the growth of the economy. According to him, when fake currencies of that magnitude circulate, original currencies become scarce, warning that “bad money chases away good money”.

NDIC, CBN set up joint committee to study digital currency, ‘bitcoin’

Alhaji Umaru Ibrahim, the Managing Director, Nigeria Deposit Insurance Commission (NDIC), on Friday said the commission and CBN had set up a committee to look into the trending “digital currency, ‘bitcoin’.”

Ibrahim said this at the ongoing 2016 Workshop for Financial Correspondents in Kaduna.

The theme of the workshop is ‘Economic Recession and the Nigerians Banking Sector: Opportunities, Challenges and the way Forward.’

SP Saraki Seeks Media Partnership to End Economic Recession

Senate President, Dr. Abubakar Bukola Saraki on Wednesday urged the media to collaborate with the upper chamber in its efforts aimed at pulling the nation's economy out of recession.

Saraki, according to a statement by his Chief Press Secretary, Sanni Onogu, in Abuja, while presenting a keynote address at the 2016 Awards/Dinner for Senators and Journalists covering the Senate, organized by the Senate Press Corps.

While commending the awardees and organizers of the event, he urged the media to always ensure truth and objectivity in their reportage of events so as to adequately inform and educate the people about the activities of the parliament.

The Senate President stated that the 8th Senate has put adequate processes in place not only to ensure that the 2017 budget is passed in record time but to see a product and quality that Nigerians can be proud of.