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OlasunKanmy™ Profile picture
OlasunKanmy™
@kanmyexcellent
Cherish Peace & Good Governance. Friend of Braves & Enemy of Cowards. Beware of False Knowledge, it's more Dangerous Than Ignorance and Illiteracy.
May 28, 2020 • 12 tweets • 12 min read
RESTRUCTURING, TRUE FEDERALISM AND THE NOMENCLATURES

1) POLITICAL RESTRUCTURING:

State Judiciary Autonomy

State Legislature Autonomy

Local Govt Autonomy

Equal Regional Distribution of Critical Infrastructural Developments

#NaijaPatriotReport
#BuhariDidIt
#BuhariIsADemocrat 2) FINANCIAL RESTRUCTURING

Implementation of:
TSA
IPPIS
GIFMIS
BVN
Finance Act 2020
Open Governance Platforms
Reformation of Accountant Gen & Auditor Gen Offices
Introduction of Govt-To-Govt Contracts to Eliminate Middleman-ship
Reformation of Agencies to make them Efficient
Apr 29, 2020 • 8 tweets • 3 min read
CONTROVERSY OVER $3.4bn IMF EMERGENCY SUPPORT

Is Nig Borrowing or Withdrawing?

What is SDR?
What is RFI?
What is BoP?

To prevent mistrust among citizens against the Govt, let discuss what happened

Short Thread: 1/ 2) SDR = Special Drawing Right is a Reserve Assets created by IMF in form of Fixed Deposit for Member Countries to serve as a store of value to Govt that hold them & as a denominated currency basket. SDR was established in 1987 to relief countries from Global pressure on US$/
Apr 10, 2020 • 9 tweets • 5 min read
TOPIC:
Ghanaian Cedi vs Nigerian Naira
SUB-TOPIC:
Denomination
Re-denomination
Purchasing Power Parity
Exchange Rate
Inflation Rate

Ghana introduced first Legal Tender to replace the British West African Pounce in 1965 and named it Cedi Note and Pesewa Coin like Nig Naira & Kobo 2) Ghanaian had issued several Denomination since the introduction of first Local Currencies same way Nigeria did after abandoned the Old British West African Currency following the establishment of Central Bank of Nig in 1958. Like many other African, Ghanaian Cedi suffered /
Apr 7, 2020 • 15 tweets • 15 min read
1)
 Topic: HOW TO PREPARE VIABLE BUSINESS PLAN & LOAN PROPOSITION
Business Plan is a vital document required to be submited to Lender/Donor for secure Loan/Grant to finance a Businez, Project or Cash Generating Asset
@woye1 @iyaboawokoya @kennygee_70 @BashorunGa_ @ishakaa @IsuphJt 2)
 According to Wikipedia: Business Plan is a Formal Written Document containing Business Goals, methods on how the goals can be attained, Timeframe needed, nature of the business, background info on the organization, the financial projections & strategies to achieve the Goals
Feb 21, 2020 • 6 tweets • 3 min read
Let make illustrations how ECA work:
Nig Budgeted 2.3m Oil Barrel Per Day
Benchmark Price at $57
Projected Oil Revenue: 2.3m x $57 =$131.1m
If Brent Price is $60 & Nig sold $2.3m i.e 2.3m x $60 = $138m
ECA = 138m -131.1m = $6.9m
If Brent Price is $60 but Nig sold 1.7m Barrels 1/ Revenue is $60 x 1.7m =$102.0m
ECA = $102.0m - $131.1m = -$29.1m
In many cases Govt don't resort to ECA to cover the shortfalls on Oil Production in line with Budgeted 2.3mbpd
What is Govt going to Save when the Crude Oil Price is fluctuating btw $55 - $60 over the past 2 yrs? /2
Feb 14, 2020 • 7 tweets • 8 min read
In continuation of our Discussion. We're going to discuss how you can secure Collateral Free & 9% Interest Rate CBN AGSMEIS Loan via NIRSAL-MFB
This Loan is thru Automated Platform from Application to Disbursement
@IsuphJt @woye1 @kennygee_70
@iyaboawokoya
nirsalmfb.caderp.com Before you Register as a New Applicant by signing up for the Loan, let's discuss the benefits, function, process, requirements, terms and conditions.

@bnbsignature @kennygee_70 @woye1 @IsuphJt @AjuriNgelale @iyaboawokoya