Welcome, Join Naija Best Forum  Login! •  NBF Testimonies

Stats: 2,915 Members  4,468 topics   Date: Sunday 01 November 2020 at 01:39 AM
Total Site Views: 4035319
NB:
There is no shortage of Success - Grant Cardone
General: News-Politics-Others, Jobs-Business-Investments, Health, Religion, Romance, How To, Programming
Entertainment: Celebrity, Fashion, Sport, Gaming
Schools & Education: University, Polytechnics, College of Education
Front Page Create Post

Story: How Nigerian workers destroy Businesses

198 Views  |  1 Comments
(1) | (1 of 1 pages)
Story: How Nigerian workers destroy Businesses by SirBee(m): Fri 31, July, 2020 07:39am

nigeria-currency-naira-valuable-in-countries-exchange-rate-like-laos-indonesia-venezuela-iran-jpg

NIGERIANS ARE THE PROBLEM OF NIGERIA.DO YOU BELIEVE IT? MAYBE AFTER READING YOU CAN SHARE YOUR OPINION.

I run a manufacturing business and a trading business.The biggest challenge in my manufacturing business is not power, or infrastructure, the biggest challenge is getting honest staff.

Everyone we hire appears to be on a mission to steal as much as possible. Inflated invoices, recording less than the actual number of units produced.

The worstpart of it all is that all the fraud we've uncovered is not done by a single person, it's usually many staff who collude with each other, from production, to sales, to finance, even top management. There was a year I overhauled management 3 times in a year.

But I've found a solution sha, I now use Indian management. So competent, so honest and so straightforward. I thought they were expensive at first with all the visafees, accommodation, house staff, but now that losses due to staff theft have been reduced to a minimum, and efficiency increased, the Indian management has turned out to be cheaper than the previous Nigerian management.

Now, all sensitive positions involving money go to Indians. Nigerians are only allowed in non-sensitive positions. I used to criticize companies like Dangote Group that hire so many Indians when there are many unemployed Nigerians, but now, I understand their decision.

My biggest challenge in the trading business is the same, getting honest staff. The form of trading occurs in the open market, and involves staff having access to huge sums of money running into a few millions.

I know how much I pay to security companies to provide escorts for the staff, not to prevent robbery, but to ensure that the staff go straight to the bank to deposit the money after the day's sales and not disappear with my money.

This money spent on security companies is even enough to be declared as profit. We have tospend on CCTV, biometric scanners and other things that wouldn't be needed if staffweren't looking for the slightest opportunity to steal.

It got so bad at a point that my main criteriafor employing staff was no longer competency but honesty. At least, competency and skills can be learnt, but once you're dishonest, you're dishonest.

We always complain of the economy and how there are no jobs. I know people abroad who would have loved to set up job creating businesses in Nigeria but they can't because they can't get any trustworthy person to run it.

I know people in Nigeria with so much money, they want to start factories and other job-creating businesses but they can'tbecause they are occupied elsewhere and can't get any trustworthy person to run the business. So instead of investing in the real sector and creating jobs, they'll just buy treasury bills, while the thieves are shoutingno jobs.

Many big businesses would have been born in Nigeria if we could engage in partnerships, but we cant because you can'ttrust anyone. This is one advantage the Indians and Lebanese have over us in Nigeria. They can pull resources together and do mega-business, unlike Nigerians that because only one person must do everything since we can't partner, end up with small, tiny businesses.

Start a poultry and they will be stealing youreggs. Some will even goahead to be killing the chickens so that they'll be allowed to take them home.

Start an entertainment/viewing/game center and they'll be pocketingyour money. On the days you're around at the business, the moneyrealized will be x10 of the money realized when you're not around.Because they're eating your money.Lease out a vehicle to a driver to use and watch as he'll finish you.

Start a restaurant, the same thing will happen. More than half of thetotal food ingredients will end up in their personal kitchens.Even ordinary provisions shop, they will finda way to steal. You'll see them with that their evil, wicked saying "na where person dey work, na there e dey chop, na e make dem dey callam workchop/workshop"......

Just imagine, justifying theft at work.And you'll see these people point their crooked fingers at politicians when they're not any different. I usually say the reason most Nigerians haven't stolen billions of government money, is simply lack of opportunity.


1 Like

For Adverts on NaijaBestForum. Whatsapp/Call - +2348026083918
  

Suggested:

» To all the June Celebrants in the house. «

» Academics «

» Ondo 2020: Extend date for APC primaries ― Kekemeke «

» FG To Tax Netflix, Facebook, Twitter, Others «

» Kelechi Iheanacho's Childhood friend Pens him a very emotional letter. «

RE: Story: How Nigerian workers destroy Businesses by SirBee(m): Fri 31, July, 2020 07:46am
Integrity is a must.

For Adverts on NaijaBestForum. Whatsapp/Call - +2348026083918
(1) | (1 of 1 pages) (» Go Up)
Log In or Register to start making money

Recommended for you

Short Story: In The Spirit Of Children’s Day See How Nigerians Reacted As Woman Marries Man In Wheelchair!!! Today In History: Nigeria's Most Powerful President Dies Of Heart Attack Pandemics In History: Was Nigeria Prepared For Covid-19?

Sections: Health, News-Politics-Others, Romance, Religion, Programming, Celebrity, Sport, Fashion, Gaming, College of Education, Polytechnics, University,

Privacy Policy | Terms & Conditions | Contact Us | About Us | Forum Rules | Sitemap

Naija Best Forum - Copyright © 2019 - 2020 Sar Bee. All rights reserved. See How To Advertise.
Disclaimer: Every Naija Best Forum member is solely responsible for anything that he/she posts or uploads on Naija Best Forum.