Hardship: Varsity Don Urges Nigerians To Prioritise Needs Over Wants
Financial expert and university don, Prof. Amenawo Offiong, has advised Nigerians to prioritise their needs over their wants in order to survive the present economic challenges.
The Professor of Financial Management in the department of Banking and Finance, University of Calabar (UNICAL) who regretted the hardship being faced by the people, said that the present economic reality demands cutting down on uneccesarry expenditure.
She gave the advise at a one day masterclass training workshop on "Media, Protocol, Public Speaking and Personal Financial Management" organised by the Cross River Internal Revenue Service in Calabar on Wednesday.
She admonished Nigerians to inculcate a prudent financial management to enable them have financial stability.
"In the face of the present economy reality and in a developing country like ours, managing ones finances could be quite challenging, but then, there is need for us to budget and track our income.
"We must not engage in unnecessary expenditure, we should have a clear cut financial goal and avoid taking our needs over our wants," she stated.
Similarly, she advised Nigerians to avoid life style inflation, especially against the recent increase in the minimum wage.
According to her, "learn how to survive on your previous income before the new one. It is only effective financial management that can save us from debt."
Similarly, Dr Judex Okoro of the department of Mass Communication tasked the staff of the revenue service to be clear and concise in their messages to the people on issue of taxation and levies.
Speaking on the topic: "Art of Public speaking and Media Management, Okoro, who is the Editor-in-Chief of THE BEAGLE NEWS, said: "The people should be made aware of government policies by the implementors in such a way as to make it simple and straight to the point for them to comprehend and act on.
"They should also organise taxpayers' education and seminars, stakeholders presentations, public hearings and media interviews as well as training sessions to drive government policies and programmes.
He concluded with a call for the revenue service to develop a comprehensive media strategy to their target audience for effectiveness and efficiency of the revenue service.
"This is will engender development through revenue growth and trust to the various stakeholder," he stated.
NAN
