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Float Fund For Socio-Economic Decay, FG Told



The Nigeria Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has urged the federal government to establish a special fund to be known as “Towns/Cities Renewal Fund”, to address the socio-economic decay in major towns and cities in the country.

According to the association, the special funds, to be jointly managed by the federal and state government, would address economic challenges facing industrialists in Lagos, Kaduna, Kano, Port Harcourt, and Enugu, among others.

The President of the Association, Dr Simon Chukwuemeka  Okolo made this call in a paper he presented to the vice-president, Dr Goodluck Jonathan, in Abuja recently.

Okolo said that major towns and cities are faced with severe socio-economic problems such as decaying infrastructural facilities, growing rate of crime, traffic and human congestion amidst growing population and increasing tempo of business  activities.

This special intervention fund, he said, would help resuscitate the industrial organizations, that are already on the verge of total collapse.

To stem the harsh operating business environment due to lack of access to credit, poor and high cost of infrastructure, lack of enterprise zones, industrial clusters and parks, the NACCIMA president also urged the government to “pay special attension to solving the problems facing the (Small and Medium Scale Enterprises (SMEs).establishment of adequately equipped enterprise zones and industrial clusters and parks at federal states and local government levels”, he said.

He further stressed the need for the government to urgently establish credit guarantee scheme to address the problem of collateral for SMEs, while banks should be encouraged to be more development oriented in granting loans and discriminator interest rate should be applied in favour of SME facilities.

NACCIMA has also called on the federal and Lagos State government to relocate business operators along the Badagry Express Way (Seme border) linking neighbouring countries to an industrial clusters area.

Dr Okolo said business operators along these roads should be relocated to industrial clusters where all the necessary infrastructures would be provided.

He said this should be addressed immediately taking into account the number of workforce/business affected by this programme.

For examples, the current extension on both sides of the Badagry Expressway to and from Benin Republic is crying for a serious attention as business operators have been sent packing without consideration to resettlement”, he said.

According to the associations president, major towns and cities are faced with severe socio-economic problems such as decaying infrastructures growing rate of crime, traffic and human congestions amidst growing population and increasing business activities therein.

He commended  the federal government who made a pronouncement late 2005 to assist the Lagos State government in addressing the several/diverse problems confronting Lagos, especially that of infrastructure which should be implemented to the letter as well as extended to other cities  and towns in Nigeria with similar problems.

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Why Social Media Is Important For Marketing in Business



Nowadays running a business is one of the easiest thingsthat you can do. It can be a small business or a big one it doesn’t matter. Thanksto technology there are so many easy ways to market your business online. This brings us to the topic at hand as to why social,media is important for business marketing.

Directing Traffic towards Your Business

Marketing your business on social media will give your business the limelight that you needs to get the customers that you want. Besides getting visibility you also can attract a global audience through social media platforms. There is no other platform that gets more attention than social media.

Social Media Shows Trustworthiness

One thing that you should keep in mind while marketing your online casino au business on social media is that customers want something they can trust. By posting your brand on social media you get the feedback you need. The more response that you get from your post is what will get more people to trust your brand.

Humanizing Your Brand

Connecting with your customers on social media is one of the ways to bring life into your new online casino business. It’s not all about your making use of these platforms to market your business but also getting to understand theneed of your customers.

Gets You Customer Loyalty

What could be better than a free way to establish brand loyalty? Customers interact with and follow the companies they like. What’s more fascinating is that 53% of clients who follow your company on social media are likely to be loyal to it specifically.If clients follow you on social media, they’re more likely to select you over your competitors.


There are so many benefits that can be brought about by the use of social media in your business. It’s the new way of, marketing that will make your brand grow.

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Ways to Use Technology in a Small Business



Technology can greatly increase the success of your business. In different cases, the use of technology may be the progression of the processes you have in place already. In this competitive era using technology as a kind of support to boost your business skills and opportunities can be the best way.

Technology has also changed the online casino gambling industry. It has increased convenience formobile users so that gambling is accessible all the time.

In this article, we are going to give you ways to use technology in a small business.

Use Technology in a Business to Connect with People

One of the great ways of using technology is the ability to communicate and connect with other people. Technology has become a crucial part of not only an individual’s life but also the business. It is an amazing tool to get in touch with customers and employees.

When it comes to modern technology, sending emails and newsletters to the customers can lead one to grow his business overtime.

Therefore, there is an important increase in the sphere of collaboration, with a certain level of flexibility. It has become convenient and also teamwork has grown to a level of understanding.

Improve Marketing Tactics

Regardless of the type of business that an individual is starting, there need to be specific marketing techniques. It would help in the company’s expansion. With technology, it has now become more accessible than ever to hone on those tactical skills to have a real money casinos in Newzealand to be successful business.

In addition, there is software that can help one to build a reliable and solid business plan. Building a company website is an excellent goal for creating a business plan.

In conclusion, these are some ways on how to use technology in a small business.

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Top Reasons Why a Research is Necessary When Traveling



When traveling, research can significantly affect how the new environment you’re going to will receive you. Researching about a country you’re going to gives you a great understanding of the area. It also gives you information on what to expect and what to avoid. However, researching is also important when you want to play online gambling games as well.

Let’s look at the reasons why researching is important before you travel.

You Discover the Hidden Gems of Your Destination When You Research

If you research properly before traveling, it gives you an insight into the must-visit places. Researching also gives you a chance to be adventurous without the need of relying on a tour guide. Having proper information about a place you want to travel to gives you the chance to explore more.

Helps to Understand and Appreciate Different Cultures

Moreover, understanding the social norms of your travel destination helps you to easily get used to the environment. You should be in a position to teach yourself a few words used by people in the country you’re in. Doing this can help you to minimize the issues of a language barrier.

Appreciating the culture of a country you’re traveling to is necessary. For instance, knowing the appropriate dress code for a certain occasion is important since some places have rules on this. Believe us, you do not have to dress offensively in a foreign country you’re unfamiliar with.

Know the Places to Avoid

Furthermore, if you research properly before traveling, you’ll know certain places to avoid. For instance, make sure you gather some information on the streets that may be dangerous. This helps to avoid situations of being robbed your hard earned money from online blackjack games .

Researching Helps You to Evade Scammers

In addition, it is important to know how to stay away from places and people leading you to get scammed. So, how do you avoid getting scammed? Researching well can help you with that.

Doing proper research gives you the chance to make informed decisions when the need arises. It is crucial to understand that not everything will flow smoothly in your travel expeditions.

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