OUTSOURCING, a word that came from the phrase: “outside resourcing”, became a key part of international business economics in the 1990s. Wikipedia defines it as” an agreement in which one company hires another company to be responsible for a planned or existing activity that is or could be done internally and sometimes involves transferring employees and assets from one firm to another”.Sub-contracting is the practice of assigning or outsourcing specific parts of the obligations and tasks under a contract to another party known as a  subcontractor. Outsourcing is prevalent in strong-matrix environments where complex project planning, execution and monitoring are norms. Business processes, people and projects are what companies seek to outsource.

Different events in life follow one another. The termination of one event ushers in the beginning of another – a phase off and a phase in, a point of ascension and a point of descent, a cause and effect pattern, a point of departure and a point of termination in every cosmological and ontological process. Your waking up in the morning terminates your all night sleep/rest and ushers in daybreak of activity in your life.

That the recent announcement of the proposed increase in the Value Added Tax rate from five per cent to seven-and-half per cent is generating ripples and knocks is not unexpected. The concern of those opposed to the increase, including this writer, does not only border on the rate of the increase (which is 50 per cent), but also on the justification given by the government for its proposal.

Lawal Fadekemi September 25 is a day set aside to annually highlight the value of the pharmaceutical profession to stakeholders globally. This day was set aside in 2009 by The International Pharmaceutical Federation (FIP), adopted at the World Congress of Pharmacy and Pharmaceutical Sciences the same year. The year’s theme, “Safe and effective medicine for […]

By Innocent Alikali MR PRESIDENT, THESE FRUITS ARE LOW-HANGING, PLEASE PLUCK FOR US Your Excellency, I rejoice with you on your return for a second term as President, Federal Republic of Nigeria. Like many compatriots, this joy is laden with very high expectations. The worsening conditions of Nigerians in the last four years calls for […]