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Facebook on Wednesday began letting businesses in the US or Canada post jobs and take applications from job seekers, posing a challenge to Microsoft-owned LinkedIn.
The platform’s users will be able to find help-wanted posts at business pages on Facebook or by looking in a new ‘jobs’ bookmark on the leading social network’s mobile application.
“Businesses and people already use Facebook to fill and find jobs, so we’re rolling out new features that allow job posting and application directly on Facebook,” the California-based internet giant said in an online message.
Job postings may appear in news feed streams if companies pay to promote them.
Clicking on an “apply now” button will open an online form already filled out with relevant information from a person’s Facebook profile, according to the social network.
Applicants will then be able to add, edit, and review forms before submitting them, according to Facebook.
Company representatives managing business pages at Facebook will be able to examine applications and then contact potential candidates using the Messenger text communication service.
Facebook said it tested the new tools in the US and will be rolling them out more broadly here and in Canada in coming weeks.
Microsoft recently reported a rise in profits over the past quarter, showing gains in cloud computing and other new areas of focus as it absorbed the LinkedIn social network.
The US tech giant, which is shifting away from dependence on software to a broader array of services, said the LinkedIn acquisition boosted its revenue in the last three months of the year but dragged on profit.
Microsoft also owns a small piece of Facebook due to an investment in the social network about a decade ago.
AFP

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Fashola Says- Some power firm managers award inflated contracts to relatives

 

Babatunde Fashola

Friday Olokor and

Okechukwu Nnodim

The Minister of Power, Works and Housing, Mr. Babtunde Fashola, on Monday alleged that the managers of some power distriubtion firms were awarding inflated contracts to their relatives.

He also threatened to sanction the firms for their continued inability to deliver on agreed terms.

While condemning the recent statements by the firms, a visibly angry Fashola declared that the power firms had failed in many aspects.

According to him, allegations of obsolete infrastructure in the power sector by the companies are unnecessary because they were aware of the state of the facilities when they purchased the assets.

The minister, who spoke during the 15th monthly meeting of power sector stakeholders in Jos, Plateau State, also demanded that participants should cast a vote on whether to carry on with the meeting every month or to put an end to it, as he expressed worry over the poor attendance at the forum.

Fashola was particularly pained by the actions of the power distribution companies, who according to him, are bent on frustrating the stakeholders’ meetings, adding that the Discos had failed in providing meters and electricity feeders, as well as remitting very poor revenue to the market and making false allegations against the government, among others.

The minister, who chaired the meeting, also lamented the electrocution of seven persons at a football viewing centre in Calabar, Cross River State recently, and blamed it on man-made errors of the power companies.

“Whilst the accident is regrettable and the consequences very saddening, they were clearly man-made and avoidable; and if we must learn any lessons from the accident, it is to honestly and truthfully admit that it occurred as a result of non-compliance with laws and regulations,” he said.

On how the Discos frustrate efforts of the government, Fashola said the firms had formed themselves into an association of power distribution companies and had persistently issued statements on issues they either did not present for discussion at meetings, or which contradicted the communiqué jointly agreed and released after each meeting.

The minister, however, declared that his ministry reserved the right to recognise or deal with the Discos as a body, adding that the Nigerian Electricity Regulatory Commission and the Nigerian Bulk Electricity Trading Plc would communicate a similar position to the firms.

Picking on the issues raised by the Discos in their statements, Fashola said the firms alleged that attempts to escrow their revenue accounts would amount to nationalisation or an intrusion into their business, but failed to state that the condition was agreed by the firms with Central Bank of Nigeria.

He stated that the agreement between the Discos and the CBN was a condition for the bank to offer the firms stabilisation funds by way of loans to fund the business they invested in because commercial banks were reluctant to do so.

Fashola said, “What you (Discos) also failed to state was that the loan was at 10 per cent interest, which is well below the commercial rate. What you also failed to state is that you also agreed under that arrangement to establish letters of credit to guarantee future payments to the NBET and Transmission Company of Nigeria’s Market Operator, that the agreed commercial terms of the letters of credit authorises the NBET and the Market Operator to draw on the letters of credit for any default in payment to them, and that such defaults have occurred and continue to occur.

“Any right-thinking person will accept the principle that any person lending you money must have the right to know what you are doing with the money, especially when under-collection and underpayment have been a major feature of many Discos’ performance.

“As far as the regulation on your procurement is concerned, what the public needs to know, which your statement was silent on, is that you are entitled to fully recover your costs and investments by law, and this is the function of how tariffs are calculated.”

The minister said the government had 40 per cent stake in the Discos and that it had a duty to ensure that they buy parts and other equipment at reasonable and competitive market prices, and “not through inflated contracts to relatives as we have seen in some Discos in respect of which NERC will take action in due course and sanction those who are involved.”

He added that many of the firms had failed to invest in feeders and distribution equipment to get power to consumers, noting that this had led to load rejection in an economy that did not have enough electricity.

“Your statement does not address the ill-logic of standing in the way of a consumer seeking to get by himself what the service provider has failed or is unable to give him,” Fashola said.

On corporate governance at the Disco level, he stated that the power firms had failed to provide up-to-date audited financial statements as required by their licences.

The minister said, “If a company cannot produce all the records of its transactions and accounts, does that not allude to gaps in its governance? Does the fact that consumers go beyond their service provider who collects the money monthly to complain to government, who does not collect money for their power, not call for a look in the mirror about your corporate governance?

“Good corporate governance will ignite the conscience of an electricity business to first provide meters to its customers before seeking tariff increase, so that a metered consumer will at least have the ability to fairly measure from his meter how he is being billed.”

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Chris Brown & Police in standoff at his home after lady claims that he threatened her with a gun at his home

Long story short...some lady reported that Chris Brown pulled a gun on her at his home. The police have surrounded Chris' home, with helicopters flying around his house. They claim he barricaded himself at his home and refused to surrender. The stand-off has been going on for hours now. Chris has refused to leave his home and without a search warrant or Chris' permission, the police can't enter his house. A SWAT team has arrived his home. Read how TMZ is reporting the whole drama below...

Chris Brown is a suspect in a criminal assault investigation after a woman called 911 and told cops ... he threatened her with a gun ... TMZ has learned. The alleged incident went down early Tuesday morning in L.A. We're told Chris and the woman were in a home when she claims they argued and he pulled the gun.

The woman called 911 and police responded and took a report. We're told the case is under investigation and Chris is the sole suspect.

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STAR ESSAY 2016!!!

Looking to make little cash this moment...

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2020 year old girl finds love in her father's 60 year old friend

20 year old Leah Senibaldi is head over heels in love with a 60 year old man who used to be in a music band with her father.

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Arsenal finally sign Rihad Mahrez!!!

Arsenal have completed the signing of want away Leicester star rihad mahrez on a five year deal worth £45m

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Leicester City ace Riyad Mahrez admits he couldn’t turn down ‘two or three clubs’ amid Arsenal interest

Riyad Mahrez admits he could be tempted by certain clubs to leave Leicester (Picture: Getty)

Arsenal target Riyad Mahrez admits he would be tempted to leave Leicester City for ‘two or three clubs’ in world football.

The Algerian has been heavily linked with a move to the Emirates but Foxes boss Claudio Ranieri is desperate to hold onto the winger.

The 25-year-old scored in the Champions’ opening day defeat to Hull City on Saturday but his body language did little to quash speculation that he wants to leave the Foxes.

And the Algeria international has fueled further speculation by admitting he’d listen to offers from ‘two or three clubs’, as well as stating he’d like to stay in England

Wenger has remained coy over a move for Mahrez (Picture: Getty)

‘[The Premier League] is a super league and I would like to stay here as long as possible,’ said Mahrez.

‘Now, there are two or three clubs in the world, that if they come for me, it definitely makes you think, if you understand what I am trying to say

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Buhari will become Nigeria’s best President since 1960

Garba Shehu, the Senior Special Assistant to the President on Media and Publicity, has responded to growing criticisms of President Muhammadu Buhari’s handling of the nation’s economy, saying people were just being unfair to the president.

Mr. Shehu, in an opinion articled sent to PREMIUM TIMES on Sunday, said the last few weeks had witnessed the heaviest public criticism of the Muhammadu Buhari administration since he came to power.

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New Garage Bariga fire incident caused by electrical surge - LASEMA

A statement released by the Lagos State Emergency Management Agency:

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Banky W debuts new look on Instagram

Nigerian singer Banky W debuts new hair do on Snap-chat.

Olubankole Wellington, known under the stage name Banky W, is a Nigerian singer and rapper. He is known for his smooth voice, cool sense of style and bald head.

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