Fashion Business Insider

Fashion Business Insider Master the business side of the fashion industry. Contact Resources About 8 Characteristics of a Successful Fashion Entrepreneur By Eric Fitzgerald 8 Characteristics of a Successful Fashion EntrepreneurStarting, running and growing a business is a lot of hard work. Along with long hours, sacrifice, and a ton of stress, each day brings new obstacles to overcome. Simply put, entrepreneurship isn’t for everyone. So, the question is, “Are you cut out to be a fashion entrepreneur?” Although there isn’t a secret formula for success, there are common traits that successful entrepreneurs share. And when it comes to the unique business of fashion, some of these traits are downright necessities. Let’s look at eight characteristics that can help you become a full-fledged fashion entrepreneur. Determination Success doesn’t happen overnight. A business takes time to start and grow. And even more time to be successful. There’s no rush. The fashion business will still be there in the morning. There will be difficult times. Things will look impossible. You will want to give up and throw in the towel. But you can’t. You need to fight off those urges and press forward. Persevere! Determination is the difference between those who quit on their dream and those who turn their dream into a great success. Passion There are countless books, seminars, and MBA programs that teach how to be successful in the business world. But this is the one characteristic that only you can bring to the party. This is your “why?” This is the reason behind why you do what you do. The work will be hard, the hours will be long, and the pay will be low. And to top it all off, there is no guarantee of success! Your passion will motivate you through the tough times and it needs to come from inside of you. Don’t count on money to be your motivating factor. Your passion comes from a deeper, more meaningful place. Resilience Successful fashion entrepreneurs are not afraid of failure. Things don’t always go to plan. And sometimes things completely fail. Get comfortable with the idea of failure. It will happen to you. But do not be defeated. Successful entrepreneurs see failure as an opportunity – a chance to learn from their mistakes. So when, not if, you get knocked down, you must get up, dust yourself off and keep moving forward. Confidence Confidence is part of any entrepreneur’s success. You must be confident in yourself – that you can manage what might come your way. But too much confidence can be a bad thing. You must believe that your business has a shot, but not that it will be a definite success. Ego can easily get in the way of success. And we certainly have enough egos in fashion. So check your ego at the door. Because, in the beginning, along with being the CEO, you’ll probably also be making the coffee and taking out the garbage. The balance lies in having no doubt that you are competent to run and grow your business but not being overly confident that you know everything or that you can do anything. It’s when we are certain of success that we are most likely to fail. Vision As the creator of a brand, you must possess a clear vision of what you want your brand to be. Your vision defines who you are, what you want to do and where you want to go. Your vision cannot be vague. It needs to be developed, detailed and definite. It needs to be clear. Your vision is your beacon of light, guiding you on your journey. Flexibility Fashion is a fast-paced industry, constantly changing. As an entrepreneur you need to be flexible – able to adapt to the changing demands of your business. Successful business people stay agile. They adjust to new information and developing circumstances. Most successful entrepreneurs find themselves running a very different business than they set out to create at the beginning. Learn to act quickly before new ideas and opportunities lose their spark. Being agile means the difference between building momentum and starting over from square one every other day. Effective Communication Your ability to communicate will affect your ability to influence others, your ability to develop relationships, and ultimately, your ability to produce results. Without good communications skills it’s impossible to effectively sell. And as the founder of your company, you’ll find yourself constantly selling. Selling your vision to prospective investors. Selling your products to potential clients. Selling your employees on why they shouldn’t jump ship when things inevitably get rough. Success of your business will depend on your ability to communicate your ideas and vision to get people to buy into your brand. Risk Tolerance As an entrepreneur, you must be comfortable with risk. If something feels risky, do you focus on the likelihood of failure? Or the potential for reward? Sensing risk may just be a sign that you are onto an opportunity – one that’s worth exploring or seeing through to the end. Most people sense risk and stop. They never find out how many opportunities lie on the other side of that risk. Entrepreneurs take risks. And they take action. Smart entrepreneurs are able to identify and mitigate business risk. But when the time comes, they step out of their comfort zone and engage risk by taking action. So, how did you score? Do you have what it takes to make it on your own in the fashion industry? The good news is that these are not traits that we are born with. These traits are taught and learned. Some of us have learned these early on. Others have had to learn them later in life. Developing these traits is a matter of practice. If you want to get better at one, two, or all of them, you’ll need to start practicing them. And now is as good a time to start as any. Speak Your Mind Which traits do you need to practice? What kinds of things are you doing to improve? Leave your comments below. Filed Under: Entrepreneurship Tagged With: Mindset About Eric Fitzgerald With nearly 15 years of experience, Eric has worked with American and European fashion brands such as Calvin Klein, Juicy Couture and Diesel. His background is focused on key business areas like sales, merchandising and brand management. As a consultant, Eric helps entrepreneurs build profitable businesses in the fashion industry. Comments Emmanuel says: March 7, 2017 at 7:14 PM Hi Eric, thank you for this enlightenment, Reading your article has inspired me. I’m Emmanuel, a Young African fashion-entrepreneur, I have specific interest in female fashion and style.. My vision is to establish a line of Afro-inspired high fashion outfits but I haven’t been able to establish standard sketches for my designs.. I need your advice on easy steps to creating sketches for female designs Eric Fitzgerald says: March 8, 2017 at 3:28 PM Hi Emmanuel, Thanks for your comment. Sketching is often taught as part of a traditional fashion design curriculum. However, some fashion designers lack an artistic ability to sketch and use other methods to develop their ideas. You might consider taking some fashion drawing classes or hiring a freelance artist to work with you to capture your fashion design ideas. I hope this is helpful and I wish you the best of luck in your entrepreneurial journey. Ralph Striewski says: February 22, 2017 at 5:19 AM Hi Eric, thanks a lot for your excellent article, you hit it right in the middle. And thanks for the valuable comments. They all help a lot. We are a young German fashion label specialised in patent leather fashion and we wonder if you could recommend anybody for a brief coaching or mentoring or could we get in contact with you? Presently we are at a decision point and are looking for a specialist who could help to see the whole picture. Thanks a lot in advance, any advice will be highly appreciated, best regards Ralph http://www.arcanumfashion.com Designers blog: http://www.vanillapearl.net Eric Fitzgerald says: February 22, 2017 at 8:31 PM Hi Ralph, Thank you for the kind words. I’m glad that you find value in the website and this article. Please check out http://www.tailorconsultinggroup.com for more information on my consulting & coaching services. You can reach me directly through the contact page on that site. I wish you the best of luck with your business and I look forward to learning more about how I can help you and your business. kcee says: December 26, 2016 at 4:05 AM Eric As an upcoming fashion entrepreneur with just one isewing machine and no store how do i create awareness? Eric Fitzgerald says: December 30, 2016 at 5:58 PM Hi Kcee, Two words…social media. Technology and social media in particular, have changed the landscape for small brands struggling to get noticed. Instagram is usually the platform of choice for emerging designers but consider others like Facebook and Pinterest, depending on your target consumer. Be consistent – post regularly while reinforcing your brand image. Engage with your followers – trends come and go but authentic, personal brands stick around. Focus on real consumers – you don’t need 100K followers by the end of next week. Build your following organically to start and focus on growing a tribe of brand loyalists who will help spread your brand message for you. I wish you and your one sewing machine all the best! Ankita Tiwari says: December 2, 2016 at 5:26 PM Am very confused that should I startup my label or look forward for masters!! Eric Fitzgerald says: December 30, 2016 at 5:48 PM Hi Ankita, Thanks for your question. When to launch one’s own label is a decision with which most aspiring designers struggle. There are many factors to consider and each entrepreneur’s situation is different. In my professional experience, those designers that have had some practical experience working within the fashion industry often have an easier time deciding when is the right time for them to launch. Those with previous industry experience don’t necessarily find greater success than those without experience, but they do seem more confident in making the decision to launch their label. Spending time working in the industry provides perspective and an understanding of all the moving parts of a successful fashion business. If you’re trying to decide between starting your label or getting a higher degree, I would suggest looking for a position at a fashion brand first. The exposure will give you insight into a very competitive industry and whether you have what it takes to be successful on your own. Shawn Desousa says: November 17, 2016 at 9:09 AM Hi Mr.Eric Fitzgerald.My name is Shawn Desousa my fashion line is called Gwapnation.com I am just starting out is there any advice or direction you can help me with. With Best Regards Shawn Desousa Entrepreneur Eric Fitzgerald says: December 30, 2016 at 6:06 PM Hi Shawn, I checked out your website and my advice would be to add more to your “story.” Today, it’s not enough to just sell cool product, a brand must also tell a story. And the story must be compelling enough to get the consumer to want to learn more and ultimately “buy” into your story and brand. Give your customer a chance to interact with your brand before they make a purchase (email capture, social media, newsletter). Consumers want to know, like, and trust a brand before they are inclined to start spending. Tell us more about Gwap Nation and why we should be interested. I wish you fashion success! Gbadeyanka muminat says: March 24, 2016 at 7:12 PM Dis is indeed a gud write up…and dis as made me no wat it takes to b a real fashion entrepreneur and aw to move forward without any side attractiions or competitors around me Jenny Tombiga says: September 7, 2015 at 6:09 AM Thank you so much for this wonderful topic. I have always been thinking on when to start my Fashion Brand. How will I do it. How can I start. My passion is always been in Fashion. but I always doubt myself in a way that I don’t know how to start, I don’t have the financial to start my own fashion brand. After reading ‘8 Characteristics of a Successful Fashion Entrepreneur’ it helps me a lot. It helps me think straight to go for the dreams I have always wanted. Eric Fitzgerald says: September 10, 2015 at 3:19 PM Thanks Jenny! I’m happy that my article has helped you move forward in your progress of becoming the fashion entrepreneur you dream of being. I wish you much luck and success in your journey. Vernelle says: September 4, 2015 at 7:01 PM Eric, I really appreciate the information you’re sharing here. I’ve been working to create my business for almost 10 years now; however it seems like I’m always starting from scratch every couple of years instead of being agile. This post was a great reminder of what it really takes to continue moving forward. Since I have more of an artisan business being a Jewelry Artist & Designer, I’m trying to find the balance between creating handmade products and offering more line items that may be semi-hand produced or manufactured. Any tips or ideas on how to merge the two?? Eric Fitzgerald says: September 10, 2015 at 3:17 PM Hi Vernelle, Many designers need to balance the custom/hand-made portion of their product offering with a manufactured collection to maximize time and revenue. Rather than focusing on the differences of your different product offerings, think about how the target customer for those two sides of your business differ and how they are the same. By considering the customer you’ll ensure that you are offering your target audiences what they want from you while making sure that your vision and brand identity is part of your total product offering. Let me know if you need more help in this area. I offer strategic planning and product development/merchandising services to brands who encounter the same challenges you are facing. Sign Up for Email Updates from Fashion Business Insider! 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Eyinlojogbogbo LYRICS

O'Paul  Adeniyi- Eyinlojogbogbo (ft. Kenny K'ore)
LYRICS
Refrain(O'Paul):
a a aaah, o o oooh o, God is not a man that He should lie, a a aaah, o o oooh, He's the same yesterday, today and forevermore.

Solo1(O'Paul):
The flowers fade, the grasses wither, but the word of God abides forever,
Eyin l'aileyipada
The kings on earth don't last forever, father you reign you're king eternal,
Eyinlaileyiipaada, ooooooo
Chorus:
Eyinl'ana o, eyinl'oni o, eyin tunnni l'ola o, age to age the same,
Eyin l'ana o, eyin loni o, eyin tunni l'ola,
(eyin tunni l'ola, oh father)
Eyin l'ojogbogbo
( Eyin ni ba'ami)
Solo2( K'ore):
In you I live and have my being, you call me son, i call you father,
Eyin l'alewiilese,
Who am i, that you are mindful? What can i offer that you don't have?
You're my source and my sustainer,
Chorus:
Eyinl'ana o, eyinl'oni o, eyin tunnni l'ola o, age to age the same,
Eyin l'ana o, eyin loni o, eyin tunni l'ola,
(eyin tunni eternal, forever)
Eyin l'ojogbogbo
O'Paul: we worship you
K'ore: we worship you
O'Paul: you are king forevermore
K'ore: eyin l'oba titi laelae, baba mi eee e
Bridge(O'Paul):
Eru 'oba mi mo ni Jesu, aya 'o fo mi mo gbekele, a soro ma tase kii da'le o, awimaye'hun ko yipada rara o, o nbe bi t'atijo, o nbe bi ti 'gba kan o nbe ko yipada o, through eternity, you will never change
Chorus:
Eyinl'ana o, eyinl'oni o, eyin tunnni l'ola o, age to age the same,
Eyin l'ana o, eyin loni o, eyin tunni l'ola,
(we give you praaaise , eeh)
Eyin l'ojogbogbo
Call(O'Paul): o oo o,
Response(K'ore): o oo o o o oo,
Call(O'Paul): o oo o,
Response(K'ore): yee i yei yeeh,
Call(O'Paul): o oo o,
Response(K'ore): father, i join my faith
Call(O'Paul): o oo o,
Response(K'ore): with your son O'Paul
Call(O'Paul): o oo oo oo o,
Response(K'ore): o uh o, oooo
Call(O'Paul): o oo o ooo,
Response(K'ore): halleluyah.
Call(O'Paul): o oo oh,
Response(K'ore): halleluyaaaah,
Call(O'Paul): o oo o,
Response(K'ore): yeeeh
Call(O'Paul): eyin naani o
Response(K'ore): eyin naani baba!
Call(O'Paul): kabi'esi, eyin naani i o,
Response(K'ore): atobiju, alagbara oooooo
Call(O'Paul): eyin naanii o,
Response(K'ore): eyin naani, eyin ni, eyin ni oo,
Call(O'Paul): eyin naani o
Response(K'ore): eyin naani oo o o, baba eyin ni
Call(O'Paul): eyin naani o, EYINL'OJOGBOGBO!

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JAMB 2017/2018 Registration Form Is Out-See Registration Instructions

The all finally awaited jamb 2017/2018 registration form is now out and has been announced by the board of Joint Admission and Matriculation Board, Jamb.

The release of this form (Jamb 2017 CBT registration form) is now able to give an answer to questions that many aspirants has been asking which include

Is Jamb 2017/2018 form Out?

Has Jamb 2017/2018 CBT registration Started?

Can i Register For Jamb 2017 Now?

When will Jamb 2017 form be released?

When is Jamb 2017 Registration Going To Start?

Where To Obtain Jamb 2017 Registration Form

It is now a good news to inform you that jamb 2017/2018 registration form is now available and can be obtained in the following banks listed below:

Skye Bank,

Zenith Bank,

Union Bank,

First Bank

When Is Jamb 2017 Going To Start

Jamb has officially announced earlier that the registration was going to commence Starting 20th of December 2016 and the form will close on the 9th of February 2017, but the registration date slated above for Jamb registration did not later hold as it didn’t start on the scheduled date.

We are now looking forward to expecting that Jamb 2017 Registration will now officialy commence around January 2017.

How Much is Jamb Form For 2017/2018

The Price Of Jamb Form For 2017/2018 has been estimated to be N6200. However, they may changes to this amount later.

If There is, We will update the accurate price of the registration form here after clear verification of the exact amount that it will go for.

Jamb 2017 Registration Update

Please note that a lot of changes has been made on Jamb 2017/2018 registration, See some of them below:

JAMB 2017/2018 Computer Based Center (CBT) Requirement

JAMB 2017/2018 Guidelines For Registration Of All Students And CBT Centers

Those who wish to obtain the form are hereby advised to do so immediately for they own good before the deadline elapses.

How Will i Know Which Course To Apply For During Jamb 2017 Registration

So many people often make mistakes during jamb registration especially when choosing they Jamb subject combinations. However, Jamb 2017 syllabus for Jamb 2017/2018 registration is now out so that students registering for it can now which course and the appropriate ones to apply for.
See Jamb 2017 Subject Combination on Each Course Here

How To Prepare And Score High in Jamb

Do you need an effective way to prepare and score high in JAMB so that you can reduce the competition you will face in your school during admission?
See how you can do that by Clicking How To Prepare For And Score High in jamb Here.

Materials Needed For Jamb 2017/2018 Registration 

All candidates who are to register for 2017 Jamb are going to be tested based on a general book which is to be made available to all candidates and the name of the book is ; “The Last Days at Forcados High School.” by A. H. Mohammed.

During the process of registration, The following will be made available to all candidates:

• A soft copy of the current JAMB 2017 Syllabus for the examination.
• A material containing all the Admission procedures and requirements of Tertiary Institutions in Nigeria which also include the available programmes of study in the institutions.

Do you know you can start preparing for 2017 Jamb now so you can score high by using Jamb CBT practice software?
Jambnews.ng has one of the best CBT software that you  can prepare for jamb with, check it out now at http://jambnews.ng/cbt

JAMB 2017 ELIGIBLE INSTITUTIONS

The Eligible Institution or Institution type that Jamb 2017/2018 registration will be made available on include the following:

1. First Degree
2. National Diploma (ND)
3. National Innovation Diploma (NID)
4. Nigeria Certificate in Education (NCE) programmes
5. In Universities
6. including other Degree-Awarding Institutions
7. Monotechnics
8. Polytechnics
9. Innovation Enterprise Institutes
10. Colleges of Education.

More Changes And Updates On Jamb 2017/2018 Registration Form

The are so many changes that has been made concerning jamb registration for 2017/2018 which some of it is shown below.
See Computer Base Requirements for Jamb 2017 Registration Here
Also See Jamb 2017/2018 Registration Guidelines For Both Candidates and CBT Centers
Do you know that scratch cards will not be used during this year (Jamb 2017) Registration? See What is Said in the Use Scratch Cards During Jamb Registration 

Note: Its a Pity that A lot of people made mistakes and missed so may opportunities/Did not gain admission during 2016/2017 Jamb and Admission processes because they where not well informed or because they don’t have the relevant information. We are now here to help all aspirants so they wont fall into that same problem which may cause them one extra year.

We are now offering free updates to interested ones on they respective email addresses.

To Get all our daily updates all for free, Subscribe by putting your email address in the box below then follow the instructions thereafter.

Are you confused or don’t know a lot about Jamb 2017? Ask us a question about that by commenting below or tell us what you think about Jamb registration for next year by Sharing your opinion using the comment section down below.https://www.bentenblog.com/2016/12/18/jamb-20172018-registration-form-see-guidelines/

Organs Or Arms Of Government

Organs Or Arms Of Government
These are (a) Executive, (b) Legislature and (c) Judiciary
THE EXECUTIVE
It is in two forms (a) Parliamentary Executive and (b)
Presidential Executive
FUNCTIONS OF EXECUTIVE
i. implementation of laws
ii. maintenance of law and order through police
iii. making of law through its power of delegated legislation
iv. it prepares budget
v. it oversees day to day running of the administration
vi. the chief executive signs bills into law
vii. it initiates bills into parliament

THE LEGISTLATURE
It is also known as parliament. Every country has its name
for it, for example in nigiera, it is known as National
Assembly
FUNCTIONS
i. its main function is law making
ii. it approves annual budget
iii. it give approval to nominees of chief executive
iv. ratification of treaty negotiated by the executive
v. it performs semi-judicial function in some countries
vi. it can carry out investigation on issue of public interest
vii. it performs enlightenment campaigns through its
activities like debates
TYPE OF LEGISLATURE
(a) Bicameral Legislature
(b) Unicameral Legislature
BICAMERAL LEGISTLATURE
This refers to the legislature with two legislature chambers
or houses e.g. Nigeria, U.S.A, and Britain etc.
REASONS/ ADVANTAGES
i. To check, delay and reverse any hasty legislation that
would have been passed by a single house.
ii. Distinguished citizens can be nominated where possible
for their wisdom and resources to be sapped.
iii. To prevent emergence of dictatorial government.
iv. In a nominated seconds house, the house can be non-
partisan
v. It allows for efficiency as a result of sharing of works
between the two houses
vi. In a federal system of government, the second house can
be used to provide for sequel representation among states
e.g. Nigeria senate.
PROBLEMS/ DISADVANTAGES
i. there May be rivalry between the two houses because of
problem of power distribution
ii. it is a waste of resources and manpower
iii. the second house may be two conservative e.g Britain
iv. in a nominated second house, it may be seen to be
undemocratic
v. it may bring delay in law making
vi. it is too expensive to run smoothly
UNICAMERAL LEGISLATURE
This refers to a legislature with a single legislative house e.g.
Israel
ADVANTAGES
i. Quick law making process
ii. Absence of rivalry
iii. Less expensive to run
iv. Ideal for a unitary state.
DISADVANTAGES
i. Bills can be hastily passed
ii. It may not be appropriate for a federal system
iii. Legislature can easy dominate executive
iv. Doctorial regime can easily emerge
v. It make it easy for the dominant party to dominate the
legislative

THE JUDICIARY
It is the arm of government that is responsible for
interpretation of law and settlement of disputes.
FUNCTIONS OF THE JUDICIARY
i. it interprets laws
ii. it settles conflicts in the society
iii. it protect the right of individuals
iv. it protects the constitution from both executive and
legislature
FEATURES OF THE JUDICIARY
i. Independent of both executive and legislature
ii. Professionalism – they are legal experts
iii. Stable tenure of office
iv. Judicial immunity in the course of performing their
official duties
v. It operates based on laid down procedure
vi. It has laid down code of conduct
INDEPENDENCE OF THE JUDICIARY
It means judiciary should be free from the excessive control
of the other two arms of government when carrying out its
official duties

How To Become A Successful Rap Star Like Olamide

How To Become A Successful Rap Star Like Olamide

If you want to be successful as the Nigerian rapper known as Olamide, you can read the secret to his success.
Olamide (27 Years Old) is one of Nigeria’s biggest rappers. Since the success of his sophomore album ‘YBNL‘ in 2012, Olamide has been a main fixture not only in Nigeria’s music scene but also in the celebrity as well.

It’s not surprising to say that the YBNL boss is one of the biggest male celebrities today. He has millions of fans and he has been able to convert his fame into some sort f cult of personality.



While Olamide can be described as a celebrity juggernaut, his fame and success can be distilled into four simple things that any aspiring celeb can practice and excel at.

You can read all about them below:-

1. Be Consistent

Since his debut album in 2011, Olamide has dropped an album every year. This year he would be dropping his sixth solo album (Read Here)

In 2015 he released two albums- ‘Eyan Mayweather‘ and the collaborative LP ‘2 Kings‘ with his frequent collaborator Phyno. Olamide has made it his business to be consistently in your face which has worked excellently for him. With so much music to choose from these days, you cannot but bump into a new song from Olamide.

By doing this his buzz is all year around. For upcoming celebrities this is a strong lesson to take from Olamide. If you are into movies, shoot round the clock and have like 5-6 movies come out each year. If you are a viral sensation flood social media with your content. With this strategy your face will be imprinted in the minds of many people.

2. Quality Material

It’s not only about being consistent and flooding the scene with your content. On the other side of quantity is quality.

Olamide drops some of the best music in this country now. This increases his rankings and makes him very popular. When you drop quality material it makes you stand out from the crowd and once you are not huddled with the pack, then you are own your way to being a genuine celebrity.



3. Trend/Go Viral

This cannot be stated enough. In 2016 the ability to trend and go viral is an ability every aspiring celebrity must possess to be successful in the business.

From the gunman pose to the infusion of the ‘sneh’ suffix to our street lexicon, Olamide has proven himself to be a viral machine. To truly dominate social media a celebrity must know how to create content that can easily go viral and trend on social media.

Twitter, Instagram are the places where trends are created.




4. Influence

Olamide is not only does things above but he is also influential. With his success he has been able to jump start the careers of many artistes and helped others to be successful.

His YBNL imprint has helped launch the careers of Lil Kesh and Adekunle Gold. His constant collaboration with Phyno has helped the Igbo rapper become a mainstay in the South-West music scene. With Olamide reaching out to work with so many people his influence in the rap game has increased. To be a successful celebrity influence is key and to get that influence you have to work with a lot of people.

Just keep it Real and Trust me, You’ll grow bigger!!

Nigeria publishes details of recovered assets, withholds names of looters

President Muhammadu Buhari on Saturday partially fulfilled his promise to publish specific details of funds traced to and recovered from corrupt former government officials as part of his war against endemic graft.

The names of the corrupt officials from whom the assets were recovered were however not disclosed.

Details of the recoveries, published by the Federal Ministry of Information, showed that the Nigerian government successfully retrieved total cash amount N78,325,354,631.82, $185,119,584.61, £3,508,355.46 and €11, 250 between May 29, 2015 and May 25, 2016.

Also released were recoveries under interim forfeiture, which were a combination of cash and assets, during the same period: N126,563,481,095.43, $9,090,243,920.15, £2,484,447.55 and €303,399.17.

Anticipated repatriation from foreign countries totaled: $321,316,726.1, £6,900,000 and €11,826.11.

The ministry also announced that 239 non-cash recoveries were made during the one-year period.

The non-cash recoveries are – farmlands, plots of land, uncompleted buildings, completed buildings, vehicles and maritime vessels, the ministry said.

Since May 29, the president had endured intense criticism from the Nigerian public who criticised him for failing to fulfill a promise he made on May 14 in London.

Read full statement below. 

The Federal Government made cash recoveries totaling N78,325,354,631.82 (Seventy eight billion, three hundred and twenty-five million, three hundred and fifty-four thousand, six hundred and thirty one Naira and eighty two kobo); $185,119,584.61 (One hundred and eight five million, one hundred and nineteen thousand, five hundred and eighty four US dollars, sixty one cents); 3,508,355.46 Pounds Sterling (Three million, five hundred and eight thousand, three hundred and fifty-five Pounds and 46 Pence) and 11, 250 Euros (Eleven thousand, two hundred and fifty Euros) from 29 May 2015 to 25 May 2016.

In a statement in Lagos on Saturday, the Minister of Information and Culture, Alhaji Lai Mohammed, also disclosed that recoveries under interim forfeiture (cash and assets) during the period totalled N126,563,481,095.43 (One hundred and twenty six billion, five hundred and sixty three million, four hundred and eighty one thousand, and ninety five Naira, forty three Kobo; $9,090,243,920.15 (Nine billion, ninety million, two hundred and forty three thousand, nine hundred and twenty Dollars, fifteen cents; 2,484,447.55 Pounds Sterling (Two million, four hundred and eighty four thousand, four hundred and forty seven Pounds, fifty five Pence) and 303,399.17 Euros (Three hundred and three thousand, three hundred and ninety-nine Euros, 17 cents ).

According to the statement, which is based on the interim report on the financial and assets recoveries made by the various government agencies from 29 May 2015 to 25 May 2016, the funds awaiting return from foreign jurisdictions total $321,316,726.1 (Three hundred and twenty one million, three hundred and sixteen thousand, seven hundred and twenty six Dollars, one cent); 6,900,000 Pounds (Six million, nine hundred thousand Pounds) and 11,826.11 Euros (Eleven thousand, eight hundred and twenty six Euros, 11 cents).

It showed that non-cash recoveries (Farmlands, Plots of Land, Uncompleted Buildings, Completed Buildings, Vehicles and Maritime Vessels) during the period total 239.

The following is the breakdown of the recovered cash and assets