Covenant Liftings

Covenant Liftings Turnaround Management. Financial Intervention. Training School

Covenant liftings is a training and productivity improvement firm based in Lagos and our purpose is to partner with nations, communities, companies and people of the world to achieve their productivity potentials through the application of Turnaround Management, Financial intervention, Training and Capacity Building and Team Building

My gift of men: Angels don't fly with wingsApostle Joshua Selman once said " who does not like you doesn't matter, but w...
16/06/2023

My gift of men: Angels don't fly with wings

Apostle Joshua Selman once said " who does not like you doesn't matter, but who likes you is crucial, because when you have done all you can, you need someone else bigger than you to lift your hand"

I am compelled to write the story of an angel.

As several young graduates face in Nigeria, I was also seeking better well paid job either in oil or banking in 1998 after my service

I have never met my angel before but someone said for me to see her. I have searched for these jobs without success

Dateline 1999, as I got to the bank , she was at the very top in the hierarchy of the bank, inspite of her very high position she left her office to meet me with no airs.

I told her i have issues why i may not qualify to do the entry test. Then she took me by hand to the HR office and uttered those words that changed my professional and Financial life forever "chioma, give this guy opportunity to do the test"

That opportunity created ten continuos years of expansion on all sides, but that is just one aspect, but my angel showed up again

Because of the Soludo brilliant economic blueprint I left the bank to pursue my dream of a greater Nigeria.

Unfortunately, Nigeria happened to me and I lost every kobo I had invested.

It was so bad that on my 40th birthday, I didn't have up to N1000, no functional car.

I remember the day we couldn't raise N200 for transportation, and my delectable wife had to beg a passenger to help augment the bus fare.

Daughter was chased from school cause of 18k. My best efforts to turn it around didn't work. I was done for.

Desperate and in despair, in my room God reminded me of my angel. I haven't seen her in years. I walked up to her office. The moment she saw me, its like she has been waiting for me to come, right on the spot she gave me an assignment.

That was 8 years ago, that assignment turned my life 180 degrees in an instant and has been so since opening doors after doors after doors

Every member of my family including my late dad knows the Name:

Mrs Neka Udezue:Program Director of Nigeria's Best Business Banking School

My own God appointed angel and rescue agent.

You know I love and I respect you ma, I also know you are not the publicity seeking type , but what you have done is an inspiration and an answer to prayers

As I celebrate my 50th I want the world to know angels are real, they don't have to have wings and fly, they can be in human form and I sure know that thousands of your students will agree with me.

I pray your action will inspire other people to pray that prayer for destiny helper, because destiny helper will help you achieve in one year, what hard labour won't achieve in ten years.

Angels are human. Thank you ma.

Olufemi iyiola @ 50

Neka Udezue Okey Udezue

My gift of men: Gift of wife:My daddy gave me an advice as a youth, he said. "Olufemi the quality of your life will be i...
16/06/2023

My gift of men: Gift of wife:

My daddy gave me an advice as a youth, he said. "Olufemi the quality of your life will be impacted greatly by the quality of your life partner"

You see this babe here, Adetayo Amoke, when Nigeria happened to me and went from earning big to going flat broke, she stood still all through the wilderness years. Days I ll cry and in her own pain she will hold me on her laps and be comforting me and professing her belief in me. She will say, Olufemi, we will overcome, I married a champion, I know you, and I know you ll get through this. You are more than this.

At the lowest point she needed to go out and we needed just about N200 and couldn't get it. At this point we couldn't even enter the lagos yellow bus, she will need to queue for long at the govt subsidised BRT bus station which was 50% of the yellow bus .

She had to ask for money from a passenger to augment the N100 or so she had and as condition precedent the guy asked for her phone number and started shooting his shot.

But in all we Weathered it and came out on the other side , she was my cheerleader all through. My daddy is right afterall. My life

When I say I am blessed with the gift of men, this is classic case, classic case of a wife who enjoyed the largesse initially and suffered through the pain and humiliations of lack, walking where she once drove, entering buses where she once flew, begging where she was a giver. Not sure of what lies ahead in a tumultuous economic climate. But I have God's blessing that those associated with me will always be there through it all.

Babe thank you, it's been 18years together, through it all we are better together.
Detayo Iyiola David Friday Nzonzo Adenike Dada Lawal Yemi Dada Bamgboye Mide Lawal Bamgboye Olatunde

02/11/2016

Finance is the lifeline and blood of every business. Break even sales, non cash expenses, Financial model, Business model and financial model alignment are fundamental terms but surprisingly alien to business owners, entrepreneurs and would be business leaders. please listen and save yourself the heartache of unnecessary liquidity crisis

23/06/2015

If you make an income and yet continue to take interest bearing debts and loans to finance your recurrent expenditures whether as an individual, a company or a country then you are vulnerable to suffering the Greece impasse. The fact is that you cannot continue to take debt to pay for your recurrent expenditures, Debt is designed to either ease your existing/projected cash flow or help you improve cash flow via strategic deployment. If you can't deploy your facilities in this manner its better to avoid debt entirely. Its been said that the total money nigeria took fromits lenders is only a fraction of the $30bn we were burdened with and that is after we have paid tens of billions in debt servicing. Loads of people are today taking facilites from lenders that has kept them in perpetual bo***ge, its a recipe for disaster. Unfortunately the NASS and co are more interested in wardrobe allowance and juicy appointments rather than facing this hydra headed monster of empty treasure and growing debts without a corresponding improvement in National income. The EU has shown us via the Greece example that lenders are merciless and countries can become insolvent.........Don't wait for your creditors, apply your austerity measure today so as to save yourself the disaster of tomorrow, no mater the pressure, spend within your income, failure to deny yourself today means situations will compel you to deny yourself in future at a far more painful price. Its a call to National Vigilance and individual belt tightening

05/06/2015

The raging debate over fuel subsidy removal or retention will not have a common conclusion because the perspective upon which each argument is based will determine the resultant take of each side. However, for us who propagate productivity then we encourage the perspective of productivity over the long run, i.e sustainable productivity and growth. When fuel subsidy removal is viewed from this angle, then the beauty is unmatched, the initial discomfort pales into insignificance compared to the long term benefits of inflow of foreign direct investments, job creation along value chains, construction of refineries with attendant multiplier economic value, possible options of export of refined crude among others.....The key caveat is will the transition be well managed or will it be consumed by corruption and lack of will power, will it be hijacked by a cabal, will the other enabling laws be passed, will the government create the enabling environment for the sector to blossom. If the subsidy is removed and the transition is handled as B.U.A (Business as usual) then you can be sure Nigerians will "stone" this government will the highest level of opprobrium. Over to you "THE CHANGE AGENTS"

09/05/2015

OPPRESSIVE PROVISIONS IN NIGERIAN CONSTITUTION: Nigeria is ranked at the very bottom in the country ranking of "ease of doing business" The background to this are the oppressive laws and policies entrenched in our constitution, policies that make doing business difficult, unproductive with uncompetitive high transaction cost. Whilst we are shouting Private Public partnership, the law forbids anyone to produce more than 1MW of electricity, if you choose to do that you must send it to the national Grid, to be appropriated by the Lord and masters at the centre!!! So how on earth will we attract Billions of dollars of Private funds and Foreign investments into the sector, how one earth will we generate 50,000mw with this kind of law. and there are several others; Until we begin the process of expunging provisions like this, we are headed no where in national development............Its time to fight for abrogation of retrogressive provisions.

07/05/2015

The major leaning for companies is that they require Loans and facilities to run their business, either as working capital requirements or long term loans to finance expansion, program , assets acquisition among others. But then there are companies in Nigeria that the reverse is the case, they are awash with liquid cash: A company that has no finance cost yet has cash up to 25% of its turnover, i mean liquid cash in banks!!! and its always like that year in year out.......my concern is that with the volatility of exchange rate of Naira coupled with inflationary trend, will it not make more economic sense to invest such cash in other assets that cant be easily eroded by exchange rate fluctuations and inflation? we are looking for real avenues for investment of such cash that meets these three key criteria 1. Non erosion of value due to exchange rate and inflation 2. Reasonable annual rate of returns (not less than 6%). 3. Reasonable security of assets........ Way Out. Advices. Suggestions are welcome

20/04/2015

Turnaround Management. Financial Intervention. Training School

20/04/2015

A financial intermediary is a financial institution that connects surplus and deficit agents. The classic example of a financial intermediary is a bank that consolidates deposits and uses the funds to transform them into loans

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2 Tunde Osilaja Street Off Salvation Road, Opebi Ikeja
Lagos

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0708-458-6717,

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