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Job Opportunities for Npower Exited Beneficiaries

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Aussie Job-Market

Jobs Npower Exited Beneficiaries Can Start

Following the Federal Government’s decision to let go of Batch A and B beneficiaries of the N-power program, it is important they engage in something productive and viable now that their monthly stipend has been stopped.

Investors King, that has been advocating for permanent placement for both exited batches, has compiled jobs exited beneficiaries can start doing or learn to do pending when the government will finalise their plans for permanent placement if they ever will.

First is self-assessment, what skills do you have or what do you have passion for? You need to know your strengths and weaknesses to venture into our list of businesses as it would help you better navigate the usual challenges that come with startups or self-employment. Nobody said is going to be a walk in the park.

Also, a lot of exited beneficiaries have skills they have not monetised or don’t know how to turn them to money just yet. Therefore, it is imperative to conduct a personal evaluation before venturing into another training when this set of people can focus on monetizing present skills. Please note that it does not matter what kind of skill you have, everything is sellable with the right strategy and approach.

Here is a list of jobs exited beneficiaries can start.

Freelancing

There are several Nigerians freelancing for businesses abroad and are earning a reasonable amount, especially with the Naira-dollar exchange rate at N386 (bank rate) and N465 on the black market.

How Can You Become a Freelancer

This is why I said self-assessment is imperative as you will need a skill to sell to potential clients in order to earn money online. The easiest, perhaps the most common is writing articles and creating content for businesses that are looking for creative writers to craft a unique content or tell a story that sells their brands better.

However, there are other jobs like administrative role, where you work with businesses or become a Personal Assistant to an executive person and help them with administration, like get there schedules right, remind them of appointments, fill orders, call clients, send emails, reply emails and do other administrative jobs for a salary. Please note that while this seems easy it is not as most of these businesses and executives prefer persons that are conversant with excels (expert level), ms word, google documents, pdf to word conversion etc.

Also, there are freelance jobs for graphic designers, app developers, programmers, web developers etc. if you already have the skills and if not, you may want to get one.

How Do You Apply for Jobs or Register for Offers

Open an account on any or all of the listed websites with a unique profile that sells your offerings.

www.upwork.com

www.Fiverr.com

www.Freelancer.com

Currency Exchange

This is perhaps the easiest niche exited Npower beneficiaries with little cash can get into and start making money because of the huge demand.

First, what is currency exchange? A currency exchange business is a business that sells and buys currencies. However, in this case, we are buying and selling digital currencies but the concept is not different from the regular bureau de change but easier given that all you need is your phone and to set up an account on free forums or join groups were people trade digital currencies like Bitcoin, Perfect Money, Payoneer, PayPal, etc without regulatory approval. It is a peer-to-peer business.

Like I always say, your biggest money is in the informal sector also known as the underground economy or gray economy. It is gray because despite its huge potential, it is not classified as a normal source of income. The next question is how do you get involved.

How to Start a Currency Exchange Business

Open bitcoin wallets on blockchain, LocalBitcoins and other bitcoin wallets. Also, open a perfect money account and set up a Paypal that can send and receive money in Nigeria (contact me on how to open it).

If you already have an account on Nairaland join currency exchange thread or sign up to join the forum so you can participate in trading. Also, join various chat groups of currency traders and post on your WhatsApp status, you will be shocked at the number of people that deals in digital currencies or those looking to sell their earnings from Fiverr and Upwork. I buy from them too and pay them in Naira.

Mini-restaurant

To be self-employed, you have to be creative. A lot of unemployed graduates think they need a shop or fancy space to get started. However, what I found out is that you only need your present space, yes that current place you live!.

Do a feasibility study to assess your vicinity and bridge the gap between eating out and having nicely prepared food delivered at home within a few minutes.

I discovered that most people that eat out, especially during this raining season won’t mind home delivery with extra cost.

Also, note that you do not need millions, you need just a few thousand to do flyers, buy takeaway packs and ingredients. Gbam off you go!.

Laundry Service

This is one of the easiest services to start but can be a bit tough without a washing machine. Still, if you are not scared to wash jeans, clothes and even rug this might be it for you.

As important, simple and in demand as dry cleaning service is, it is not readily available in most localities. Therefore, Npower exited beneficiaries can address this need by adding a little bit of class to the traditional dry cleaning service and make adjustments as they evolve in the business.

Forex Trading

Foreign exchange trading is the world’s largest market with over $5 trillion daily turnovers. Yes, you’ve heard that much before but also it is the most complicated and tough market to trade if you do not have the right instructor to walk you through market complexity.

However, this same complicated market holds numerous potential and after almost 20 years in the global financial market, I can tell you with the right training, discipline and dedication you can earn a living from foreign exchange trading.

If you want to learn how to trade forex ‘PROFESSIONAlly’, please note the word professionally, get in touch with me. I used the word professionally because the name forex has been bastardised in Nigeria, therefore, undermining the numerous opportunities in the forex market.

I will not just teach you how to trade but teach you how to be a real student/analyst of the market. This will give you an opportunity to be both an analyst and also a trader like myself and work for companies like investorsking, nairametrics, businessday, etc if you enjoy breaking down market complexity in a unique way. A clue, Nigeria has a lot of journalists but not a lot of business analysts/ writers that are now in demand.

You can contact me via samed@investorsking.com.

Is the CEO/Founder of Investors King Limited. A proven foreign exchange research analyst and a published author on Yahoo Finance, Businessinsider, Nasdaq, Entrepreneur.com, Investorplace, and many more. He has over two decades of experience in global financial markets.

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Africa’s Richest Man, Aliko Dangote Ready to Sell Refinery to Nigerian Government

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Dangote refinery

Aliko Dangote, Africa’s wealthiest entrepreneur, has announced his willingness to sell his multibillion-dollar oil refinery to Nigeria’s state-owned energy company, NNPC Limited.

This decision comes amid a growing dispute with key partners and regulatory authorities.

The $19 billion refinery, which began operations last year, is a significant development for Nigeria, aiming to reduce the country’s reliance on imported fuel.

However, challenges in sourcing crude and ongoing disputes have hindered its full potential.

Dangote expressed frustration over allegations of monopolistic practices, stating that these accusations are unfounded.

“If they want to label me a monopolist, I am ready to let NNPC take over. It’s in the best interest of the country,” he said in a recent interview.

The refinery has faced difficulties with supply agreements, particularly with international crude producers demanding high premiums.

NNPC, initially a supportive partner, has delivered only a fraction of the crude needed since last year. This has forced Dangote to seek alternative suppliers from countries like Brazil and the US.

Despite the challenges, Dangote remains committed to contributing to Nigeria’s economy. “I’ve always believed in investing at home.

This refinery can resolve our fuel crisis,” he stated, urging other wealthy Nigerians to invest domestically rather than abroad.

Recently, the Nigerian Midstream and Downstream Petroleum Regulatory Authority accused Dangote’s refinery of producing substandard diesel.

In response, Dangote invited regulators and lawmakers to verify the quality of his products, which he claims surpass imported alternatives in purity.

Amidst these challenges, Dangote has halted plans to enter Nigeria’s steel industry, citing concerns over monopoly accusations.

“We need to focus on what’s best for the economy,” he explained, emphasizing the importance of fair competition and innovation.

As Nigeria navigates these complex issues, the potential sale of Dangote’s refinery to NNPC could reshape the nation’s energy landscape and secure its energy independence.

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Dangote Shelves Steel Project to Prevent Monopoly Allegations

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Aliko Dangote - Investors King

Aliko Dangote, chairman of Dangote Industries Limited, announced the company’s decision to halt plans to enter Nigeria’s steel industry.

The decision comes just two months after the conglomerate had initially unveiled its intentions to invest in the sector as part of efforts to expand the economy.

Addressing journalists at his refinery in Lagos, Dangote explained that the board’s decision was driven by concerns over potential accusations of creating a monopoly.

“We have decided against pursuing the steel business to avoid being labeled a monopoly,” Dangote stated.

He explained that the company’s operations focus on adding value by transforming local raw materials into finished products.

The industrialist dismissed claims that his group enjoys monopolistic advantages, pointing out that their business practices have always fostered a competitive environment.

“When we entered the cement market, Lafarge was the only player, yet no one accused them of being a monopoly,” he stated.

Dangote further encouraged other Nigerian investors to explore opportunities in the steel industry, suggesting that there are ample resources and space for new entrants.

“There are many Nigerians with the financial capacity to invest. They should seize this opportunity to contribute to our nation’s growth,” he urged.

The billionaire’s call to action extended to Nigerians living abroad, inviting them to invest in their homeland.

“Bring your resources back from Dubai and other parts of the world and invest in Nigeria,” he said, reinforcing his commitment to seeing the country’s economy thrive through diverse contributions.

This decision marks a strategic shift for Dangote Industries, focusing on dispelling monopoly myths and promoting a collaborative business landscape.

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Goya Foods Takes Legal Action to Assert ‘Goya Olive Oil’ Trademark Ownership

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Goya Foods

“Goya Olive Oil” trademark in Nigeria, Goya Foods Incorporated has initiated legal proceedings against the Registrar of Trademarks under the Federal Ministry of Trade and Investment.

The case, numbered FHC/ABJ/CS/883/2023, was brought before the Federal High Court in Abuja.

Goya Foods, a prominent producer and distributor of foods and beverages across the United States, Spanish-speaking countries, and Nigeria, seeks to enforce a longstanding consent judgment issued by the court in December 2006.

The judgment directed the Registrar to rectify the Trademarks Register to reflect Goya Foods Incorporated as the rightful owner of the “Goya Olive Oil” trademark, without any further formalities.

The lawsuit, exclusively revealed to sources, underscores Goya Foods’ determination to safeguard its intellectual property against alleged infringements.

According to court documents, Goya Foods obtained the consent judgment against Chikason Industries Limited, which was accused of marketing “Goya Olive Oil” in Nigeria, thus infringing on Goya Foods’ registered trademark.

Legal counsel for Goya Foods, Ade Adedeji, SAN, emphasized the necessity of rectifying the Trademarks Register to protect their trademark interests effectively.

Despite appeals to the Registrar, the requested rectification has not been implemented, prompting Goya Foods to escalate the matter through legal channels.

The case has been adjourned to September 27, 2024, for further proceedings, highlighting the complexity and significance of trademark disputes in the global marketplace.

Goya Foods remains committed to upholding its brand integrity and securing its proprietary interests amidst the evolving landscape of international trademark law.

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