Hello all, please what is the minimum score that is needed to guarantee an Invitation now for 189? I am an accountant.


Thanks.

askotaks01:
[b][/b]Reason Why NNPC is Paying TF in Batches

The statement I am going to make will be more understood by an Accountant or Finance Professionals.

NNPC have the financial capability to pay the Transportation Fee of everybody that was interviewed at once.
But, in order to make their financial report look good and for the sake of managing their Operating Expenses (OPEX) effectively, the management must have been advised to spread the payment over a period of months so that their OPEX will not be too alarming in a particular month.

Let me give you an example.
Assuming NNPC made a sales of #1M in July when they started the payment of Transport Fee and the whole transport fee to be paid is 400k.

Note that NNPC have other expenses to meet. E.g Salaries of workers, maintenance of their facilities, Utility bills and other expenses I can't mention. Let's assume all these expenses equals to 500k.

This implies that if NNPC decides to meet all this expenses in July, I.e 400k + 500k = 900k

Then Profit of NNPC for July will be ( 1M- 900k) = 100k.

Therefore, a good financial adviser/analyst will advice NNPC thus:
The Payment of the Transport Fee for interviewees should be spread and be paid in Batches.
Let's say 100k should be paid per month. This means it will take four month to settle all the people interviewed.

Let now see how this will affect their profit in July:
100k will be paid as Transport Fee for interviewees and 500k will be paid for other expenses. All expenses for July Will now be 600k. Therefore the profit for July will be (1M - 600k) = 400k.
Going by this, you can see that a profit of 400k will speak well than Profit of 100k earlier reported when they pay all interviewees Transport Fee at once.

Other financial experts in this thread can attest to this as I drop my pen.

I salute all the Local men and women ooh!!!


One Love as we await our APL

Non seguitur. Any organisation can pay once, warehouse in its books without expensing. Then ammortise expenses over a period of time. Ammortization doesnt them from paying their creditors in full.

chidiebereuzoma:

Bro please which state are you from?
I hope you are from my state because with this kind of questions you have been asking about CV, I just hope other applicants from my state will be like you. So that I will just walk into nnpc without any competition.
Bro you were told all the compulsory documents required of you for the interview and you are still arguing over it.
Don't come with your CV, come with your nepa bill

Its better to have your CV and not need it than to need it and not have it!

Does any other person have this feeling that there won't be stream one and two in in 2017 batch a?

Does anybody know why there is no date on the last item in the nysc timetable ?

Please, with all due respect, does anyone else here think it's better for us to have a whatsapp group? I find it hard to keep up with the thread here.
Please, can we try to create a whatsapp group?