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Cost managers demand proper utilisation of resources

By Providence Obuh

Cost managers in Nigeria, under the aegis of the Certified Institute of Cost Management of Nigerian (CICMN), last week, charged people in government, particularly those who are seeking electoral offices in the incoming 2011 elections, on the need to utilize the Nigerian resources efficiently, saying that leadership is not the birthright of a group of people, region or faith.

President of the Institute, Mr. Sunday Omekwe, said this during the 9th International Cost Management Conference titled, “Modelling cost management solutions for improved cost efficiency in the public and private sector of Nigeria”.

Omekwe disclosed that to model a efficient cost process, we need strong leadership who will come from any part of the country, noting that it is high time the country focused on model of how to properly utilize resources.  “Nigeria can not attain Vision 2020 without effective leadership that can institute low cost structures and efficient management skills to deliver services and good governance.”

He advised those in position of authority to have an orientation and mind-set where resources could be managed for the people and not for them, adding that every leadership that will come should ensure resources are utilised properly.

In the same vein, the Registrar of the Institute, Mr Nosa Omoregie, urged those who have nothing to offer to back-out of public offices, advising that the people should be prepared to defend and protect their vote come April 2011.  According to him, “in 2011 only credible leaders will emerge because the country is evolving”.

However, the Vice Chancellor, Bells University of Technology, Sango-Ota,  Prof. Isaac Adeyemi, noted that as a developing country, we should not be guided by the American and European models. He advised that we develop our own models, noting  that until we do this we will continue to dance round the circles. Adeyemi urged organisations to differentiate between the different models of public and private sector.


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