Friday, 29 April 2016

TECTONO: A LEADING BLOG IN AFRICA


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NNIA UGWOKEH-NNAEMEKA AND HIS MUM @ A RELATION'S HOUSE


CONSPIRACY OF CONVERGENCE: THE LEADERSHIP CHALLENGE ~ DR. JIMOH IBRAHIM, CFR

Barrister Dr. Jimoh Ibrahim, CFR
A world with 70 trillion dollars in balance sheet requires a leader. This figure, perhaps, instigates the conspiracy of convergence in real economic terms. America is 12 trillion dollars in balance sheet, while China’s balance sheet is 18 trillion dollars. In addition, China has 1.26 trillion dollars in America’s Federal Reserve Bank. This is about 10% of America’s total balance sheet.

THE HAPPIEST FAMILY IN THE WHOLE UNIVERSE @ A RELATION'S HOUSE

The family of Chief & Engr. (Mrs.) Ugwokeh Nnaemeka is the happiest family in the whole world. This photograph was taken at the house of a close relation we visited.

THE NEED TO ENCOURAGE SAVING FOR DEVELOPMENT

When Nigeria’s immediate past Minister of Finance, Dr. Ngozi Okonjo-Iweala, said the other day that a lack of political will to save oil revenue under the Goodluck Jonathan administration was responsible for the challenges facing the country currently, she was right.

THE PANAMA PAPERS: NIGERIANS INVOLVED ARE YET TO BE INVESTIGATED. WHAT A COUNTRY!

The widespread disclosure of what has been tagged the Panama Papers with details of how politically exposed and wealthy persons around the world have hidden their wealth in tax havens has brought to the attention of the world how unethical financial practices have indeed become cancerous. The result has been a tilting of the scale against the majority of the people, a spectacle of injustice and inequity which humanity must not tolerate.

Tuesday, 26 April 2016

PRESIDENT BUHARI, NIGERIANS ARE TIRED OF NATION-WIDE DARKNESS

President Muhammadu Buhari
In the last few weeks, many parts of the nation’s towns and major cities have been plunged into unprecedented darkness caused by lack of electricity supply. That this enveloping darkness is a source of frustration, pain and hardship is an incontrovertible fact, and has been the life of many settlements still unconnected to the national grid. However, that the Presidency, echoing Transmission Company of Nigeria (TCN), has come to blame this worsening darkness on the shortage and inadequate supply of gas due to vandalism of pipelines, is an unacceptable excuse. What is even more worrisome for a new government as this is the indecorous manner the spokespersons of government have communicated this blame game to Nigerians.

QUESTIONS GOVERNMENT IS YET TO ANSWER ON PETROL SCARCITY

Dr. Emmanuel Ibe Kachikwu, Minister of State for Petroleum
It is alright that the fuel scarcity is abating, but it is on record that the President Muhammadu Buhari’s administration has inflicted on the country the longest nationwide spell of acute petrol scarcity ever. It is as if towards fulfilling its 2016 Budget goal of building a national economy that does not depend on petroleum oil, the administration immediately wants to put in place a Nigerian economy that does not run on petroleum oil. The paralysing shortage of petrol began in the last week of February 2016 and normality of supply has been slated for May. Unlike in previous occurrences (each lasted for about two weeks), the shortage this time was not precipitated by any contentious pump price hike or stoppage of supply owing to long delayed accumulated subsidy payment arrears.

HOBBIES ON JIJI


Jiji is one of those websites that are a real finding, and after you check out all the opportunities it offers, you cannot believe you haven’t done it before. Yes, everything is that great. Jiji is a great place both for people who take care of their time and money and for shopaholics.

To be precise, it is a familiar market that successfully changed a domain and moved to the web space. Now it allows anyone to become a seller. For this, you don’t even need to pay any fees or charges. There is no rent for a counter; instead of that, you get an opportunity to post ads for free. It is not a local market anymore. The coverage area grows to the territory with the Internet connection, and every user becomes a potential buyer.

However, Jiji doesn’t sell anything itself. It just provides other people with such opportunity. This is not an online shop, it is an entire marketplace. Jiji creates conditions for interaction between sellers and buyers. They can communicate directly with each other and process all deals without any effort.

For users’ convenience, all ads on the website are divided into several categories, letting you quickly find necessary things. You definitely have a hobby, and everything related to it is gathered in Hobbies - Art - Sport. There are books and games, musical instruments, CDs and DVDs, collectibles, stuff for crafts, camping gear, bicycles and sports items. So if you even don’t have a hobby, you can find one by simply scanning a list of offers.

Due to the user-friendly interface, you can buy things as easily as you find them. The opportunity to post adverts for free results in over 530,000 active offers, which, in their turn, attract over 10 million visitors every month. Check out the website and make sure it is not an exaggeration.

Monday, 25 April 2016

INVIGORATING THE ECONOMY OF NIGERIA

Mrs. Kemi Adeosun, Minister of Finance
When the Federal Government announced, some weeks ago, that in anticipation of approval of the 2016 budget, it was ready to inject N350 billion into the economy, a certain appreciation of the urgency needed to deal with the economy could be deduced. While the object of the fund injection, according to the Finance Minister, is to stimulate the economy by restoring significant economic activities in the country, the priorities are to ensure engagement of Nigerians that had lost their jobs and resumption of capital projects. This, on its surface, is quite commendable. According to the Minister, the money would be used to pay contractors who would show proof of the number of disengaged Nigerian workers in their businesses such employers would re-engage following such payment.

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CHIEF & ENGR. (MRS) UGWOKEH NNAEMEKA AFTER THE DEDICATION OF THEIR SON @ ST. DOMINIC'S CATHOLIC CHURCH, YABA

The family of Chief & Engr. (Mrs) Ugwokeh Nnaemeka dedicated their son, Nnia Ugwokeh-Nnaemeka at St. Dominic's Catholic Church, Yaba, Lagos on Sunday, 24th of April, 2016.

PHOTO: AFTER THE DEDICATION OF NNIA UGWOKEH-NNAEMEKA @ ST. DOMINIC'S CATHOLIC CHURCH, YABA, LAGOS

Chief Ugwokeh Nnaemeka and his son, Nnia Ugwokeh-Nnaemeka

Wednesday, 20 April 2016

CONSPIRACY OF CONVERGENCE: ANY POLITICAL DISTANCE? ~ DR. JIMOH IBRAHIM, CFR

Barrister Dr. Jimoh Ibrahim, CFR
The world has conspired to converge (a flat world) – to share blessings. But what was not envisaged is the sharing of curses! A conspiracy of the convergence of one world! Whose interests and what next? What political agenda for the convergence? What political paradigm to be adopted and whose interests? Before globalization, every county adopted any form of political dispensation and practice. To some, it was all about democracy, proclaiming equality and the rule of law with emphasis on strong judicial system where there is respect for law and social justice. Some nations preferred military government where there is maximum rulership demonstrating authoritarianism.

THE C-WAY WATER YOU DRINK IN THE OFFICE MAY BE FROM HERE

Folks, if you think that all the C-WAY water you drink in your offices are potable, you may be wrong. Take a look at the pictures above where they are being filled up with tap water in a very dirty environment. It is only in Nigeria that human beings can poison each other just to make money. God save us!!!

Thursday, 14 April 2016

PUBLIC NOTICE: THE METROPOLITAN CLUB

Chief Akintola Williams, OFR,CFR,CBE
The following Trustees of the Metropolitan Club:
Chief Akintola Williams, OFR, CFR, CBE
Chief Jonathan O. Olopade, OFR
Chief Dr. Chris O. Ogunbanjo, CON, OFR
Chief Philips C. Asiodu, CON
Chief Ernest A. O. Shonekan, GCFR, CBE

NCDMB: INDIGENOUS MANUFACTURES NEEDED FOR SOURCING OF DRILLING FLUIDS AND PRODUCTION CHEMICALS

The Nigerian Content Development and Monitoring Board (NCDMB) is the sole Agency of the Federal Government vested with the mandate to make procedures that will guide, monitor, coordinate and implement the provisions of the Nigerian Content Act 2010. Pursuant to its mandate to develop capacity of the local supply chain and maximize utilization of Nigerian made goods in oil and gas operations, the Board hereby invites reputable manufacturers of Drilling Fluids, Completion Chemicals, Production Chemicals & Bulk Methanol to register on the NOGIC JQS (portal.nogicjqs.com) and upload information and capabilities related to the production of these chemicals.

BEHOLD ALHAJI ALIKO DANGOTE

Alhaji Dr. Aliko Dangote

ESTATE SURVEYORS HOLDS CAPACITY BUILDING SESSION IN ABUJA

The Nigerian Institution of Estate Surveyors and Valuers (NIESV) Faculty of Valuation and Compensation has concluded plans to boost the knowledge of their members with a capacity building session coming in Abuja this Friday. The training, among other things, is meant to horn the skills of estate surveyors in Nigeria to imbibe the International Best Practices.

THE NEED TO REPOSITION THE TEXTILE INDUSTRY WITH MODERN TECHNOLOGY

The need to kick-start the textile sub-sector of manufacturing in Nigeria cannot be overemphasized in the face of the nation’s economic challenges. The necessity to diversify a mono-product economy and combat smuggling as well as indiscriminate dumping of foreign textiles and garments in the Nigerian market is indeed compelling.

Friday, 8 April 2016

RISING INFLATION RATE AND PEOPLE-DRIVEN ECONOMY

The report by the National Bureau of Statistics (NBS) that interest rate had increased from 9.6 per cent in January to 11.4 per cent in February this year confirmed the fact that the state of foreign exchange in the country has serious impact on national economic, social and other variables. The rise in the rate of inflation is not about the orthodox principle where too much money chases fewer goods and services. As it were, there has not been too much money in the economy since January 2016 to chase the goods and services on the shelves.

AS PRESIDENT BUHARI AND REV. OKOTIE AGREE ON THE NIGERIAN ECONOMY

President Muhammadu Buhari
In about two months, the President Muhammadu Buhari-led APC government will mark one year in office. It will be a time to reflect on the trajectory and achievements of the change mantra which ushered the opposition party into government, and which afforded Nigerians the rare opportunity to have a peek into the nefariousness of the PDP looting machinery that had been subsumed under a whitewash of political propaganda, grandstanding and cronyism. The inevitable fallouts of that era is the unfortunate hardships that the realignment of the economy is taking on Nigerians, especially in the face of floundering global economics and falling oil prices which accounts for over 75 percent of Nigeria’s income.

Thursday, 7 April 2016

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Wednesday, 6 April 2016

THE DANGER IN EXPORT DIVERSIFICATION IN FAVOUR OF UNPROCESSED OR SEMI-PROCESSED RAW MATERIAL

Nigeria may be working hard to diversify its economy from the monolithic crude oil export to intensive agricultural and solid minerals export in order to earn the precious foreign exchange and accumulate foreign reserve. Unfortunately, this measure is more damaging to the economy than relying on the crude oil export.

Tuesday, 5 April 2016

ENHANCING THE EASE OF DOING BUSINESS IN NIGERIA

Professor Yemi Osibanjo
The Federal Government is justifiably concerned about Nigeria’s low rating in the current World Bank Index on Ease of Doing Business. Accordingly, the government’s announcement the other day of an Inter-ministerial Committee to recommend measures for improving the business environment is a worthy step. Right now, Nigeria is ranked 169th out of 189 countries. While the initiative to tackle this matter is commendable, lessons must be learnt from the past and aim achievable goals in specific areas and in a given time period must be set.

THE NEED FOR BUHARI TO DECLARE A FIRM NATIONAL NATURAL GAS FLARE-OUT TARGET

During the opening of the Sixth Congress and Exhibition of the African Petroleum Producers Association (APPA) held in Abuja the other day, President Muhammadu Buhari said that his administration with the support of the legislature would sign the United Nations Agreement of ‘Zero Routine Gas Flaring by 2030’. He urged “all APPA member countries to set realistic targets for gas flare-out in the region.” By implication, what he termed the national target of 2020 was unrealistic. That is unacceptable.

Monday, 4 April 2016

Saturday, 2 April 2016

INTERNATIONAL CIVIL AVIATION ORGANISATION (ICAO) TO ACCESS NIGERIAN AIRPORTS

Great expectations have replaced the eager anticipation within the country’s aviation circles following the arrival of the International Civil Aviation Organisation (ICAO) team to conduct an audit. Nigeria emerged with flying colours at a similar exercise conducted in 2006.