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Topic: NDLEA CASH GENERATION FORMULA

  1. #1
    Member geraldudoka's Avatar
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    Aug 2007
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    60

    NDLEA CASH GENERATION FORMULA

    I walk into UBA to buy the NDLEA form last monday,and the cashier said my forms would not be ready till after two days due to the endless list of applicants. She went further to disclose to me that she receives an average of 50 applicants daily in this Gwagwalada branch which is a low populated town.
    Now, Lets do a rough work on the amount of cash this excercise will generate.

    Let
    N = 36 states + f.c.t = 37

    X = Average daily applications >=50(banks in Lagos might have over 100 applicants daily)

    Y = number of branches of all banks in Nigeria.

    P = Application fee= 1500
    T = duration >=30

    Total generated cash = (PXY)^nt = (1500XY)^30n

    Your guess is as good as mine


  2. #2
    Newbie staceyA's Avatar
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    Aug 2009
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    11

    NDLEA

    U know these but went ahead wit the form. God is our strength

  3. #3
    Member geraldudoka's Avatar
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    Aug 2007
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    60

    Re: NDLEA CASH GENERATION FORMULA

    Wish I had a choice, but may God deliver us from those who exploit us

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