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Do you know that a poor business process management plan can lead to outright failure.

Take Nigeria as a case study.

Over 80% of our fuel(petrol, diesel, kerosene) is imported.

This is a country that produces over 2m barrel of crude per day. Amounting on the avg to about $120m per day.

We consume about 40m litres of petrol, 15m litres of diesel and 11m litres of kerosene.

In 90days, Nigeria would have made over $10bn. This amount can comfortably build a refinery that can process over 600,000 barrels per day.

Now, this 600,000 barrels per day when refined can comfortably produce over 28.8m litres of diesel and 45m litres of petrol per day.

Nigeria would have drastically reduced its demand for Forex just by this singular feat and dollar to naira will be less than N100.

Now Nigeria flares approximately 289.69bn cubic feet of gas per year.
1000cubic feet of gas generates approximately 0.001megawatt of electricity.
The country needs about 10,000Megawatts to have steady power.

If this flared gas is channeled towards electricity production, that would generate approximately 289,000Megawatts thats way above the current demand of 10,000.

If this can be done, over 60% of imports will reduce and industries will spring up, jobs will be created and the economy will boom. This will drastically reduce the demand for forex thereby even making USD less than N50.

Now, in 2012 Nigeria was estimated to have lost about $400bn due to poor management process.
This money is enough to build 12 standard lane from Maiduguri to calabar, it is enough to build international standard hospitals in all the LGAs in Nigeria. It is enough to give every student free education. It is enough to build a world class university in all 36 states of the federation.

Currently, Nigeria is saddled by inflation of over 19% and 50% youth unemployment.

You see? Poor management process always leads to poor results

Why not allow OX TECH SYSTEMS give you a world class business process management system?

Don't run your business like Nigeria. Join us today: www.oxtechsystems.com