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Inequality and Development in Nigeria Inequality and Development in Nigeria
INEQUALITY AND DEVELOPMENT IN NIGERIA INEQUALITY AND DEVELOPMENT IN NIGERIA Edited by Henry Bienen and V. P. Diejomaoh HOLMES & MEIER PUBLISHERS, INC' NEWv YORK 0 LONDON First published in the United States of America 1981 by Holmes & Meier Publishers, Inc. 30 Irving Place New York, N.Y. 10003 Great Britain: Holmes & Meier Publishers, Ltd. 131 Trafalgar Road Greenwich, London SE 10 9TX Copyright 0 1981 by Holmes & Meier Publishers, Inc. ALL RIGIITS RESERVIED LIBRARY OF CONGRESS CATALOGING IN PUBLICATION DATA Political economy of income distribution in Nigeria. Selections. Inequality and development in Nigeria. "'Chapters... selected from The Political economy of income distribution in Nigeria."-Pref. Includes index. I. Income distribution-Nigeria-Addresses, essays, lectures. 2. Nigeria- Economic conditions- Addresses. essays, lectures. 3. Nigeria-Social conditions- Addresses, essays, lectures. I. Bienen. Henry. II. Die jomaoh. Victor P., 1940- III. Title. IV. Series. HC1055.Z91516 1981 339.2'09669 81-4145 LIBRARY OF CONGRESS CATALOGING IN PUBLICATION DATA ISBN 0-8419-0710-2 AACR2 MANUFACTURED IN THE UNITED STATES OF AMERICA Contents Page Preface vii I. Introduction 2. Development in Nigeria: An Overview 17 Douglas Riummer 3. The Structure of Income Inequality in Nigeria: A Macro Analysis 77 V. P. Diejomaoli and E. C. Anusion wu 4. The Politics of Income Distribution: Institutions, Class, and Ethnicity 115 Henri' Bienen 5. Spatial Aspects of Urbanization and Effects on the Distribution of Income in Nigeria 161 Bola A veni 6. Aspects of Income Distribution in the Nigerian Urban Sector 193 Olufemi Fajana 7. Income Distribution in the Rural Sector 237 0. 0. Ladipo and A. -
Debt Management Office Nigeria
DEBT MANAGEMENT OFFICE NIGERIA FEDERAL GOVERNMENT OF NIGERIA SAVINGS BOND UPDATED DISTRIBUTION AGENTS CONTACT DETAILS S/N NAME OF FIRM Head Office Email Address Phone Number 1 Afrinvest Securities Limited 27 Gerrard Road Ikoyi, Lagos [email protected]; [email protected]; 08090234235 2 Anchoria Investment and Securities Ltd. 79 Lewis Street, Obalende, Lagos. www.anchoriaonline.com 08023542800 3 Apel Asset Limited 8, Alhaji Bashorun Street, Ikoyi, Lagos [email protected]; [email protected] 08023031821 4 APT Securities and Funds Ltd 29, Marina (Church House) 3rd Floor, Marina, Lagos [email protected]; [email protected] 08033054105 5 ARM Securities Limited 1, Mekunwen Road, Off Oyinkan Abayomi Drive, Ikoyi, Lagos, Nigeria [email protected]; [email protected] 07038954231 6 Arthur Steven Asset Management Ltd. 86, Raymond Njoku St. Off Awolowo Road South-West Ikoyi, Lagos [email protected]; [email protected] 08033278800 7 Associated Asset Managers Limited 10th Floor, Sterling Tower, 20 Marina, Lagos - Nigeria [email protected] 08033026399 8 Belfry Investments & Securities Ltd 4th Floor, Royal Exchange Building, No 31, Marina Street, Lagos [email protected] 08034044173 9 Bestworth Assets & Trust Ltd. 7Th Floor, Bookshop House, 50/52 BroadStreet, Lagos [email protected]; [email protected] 08033067239 10 Calyx Securities limited A.G Leventis Building, 1st Floor, 42/43, Marina, Lagos [email protected]; [email protected] 08033043549 11 Capital Assets Limited Bookshop House (9th Floor) 50/52 Broad Street, Lagos [email protected]; [email protected] 08023210912 12 Capital Bancorp PLC 3rd Floor, UNTL House, No.1, Davies Street, Off Marina, Lagos, [email protected]; [email protected] 08023153323 13 Capital Express Securities Ltd Plot 1626 C-E, Idejo Street, off Adeola Odeku Street, Victoria Island, Lagos [email protected]; [email protected] 07086450867 14 Capital Trust Brokers Limited St. -
First Bank of Nigeria Plc Head Office: 35, Samuel Asabia House, Marina, Lagos First Bank of Nigeria Plc | Annual Report & Accounts 2009
First Bank of Nigeria Plc Head Office: 35, Samuel Asabia House, Marina, Lagos www.firstbanknigeria.com First Bank of Nigeria Plc | Annual Report & Accounts 2009 Registration No. RC6290 First Bank of Nigeria Plc | Annual Report & Accounts 2009 ABBREVIATIONS ALCO – Assets & Liabilities Management Committee KRI – Key Risk Indicator ATM – Automated Teller Machine LAD – Loans and Advances BARAC – Board Audit and Risk Assessment Committee LASACS – Large Scale Agricultural Credit Scheme BDO – Business Development Office mbd – million barrels a day ANNUAL CAGR – Cumulative Annual Growth Rate MDAs – Ministries, Departments and Agencies CAM – Classified Assets Management Dept MFBs – Microfinance Banks CAP – Credit Analysis & Processing Dept MFR – Member of the Order of the Federal Republic CBN – Central Bank of Nigeria mni – Member National Institute CCO – Chief Compliance Officer MPA – Mortgage Plan Account CON – Commander of the Order of the Niger MPC – Monetary Policy Committee REPORT CPFA – Close Pension Fund Administrator MPR – Monetary Policy Rate CRM – Credit Risk Management N – Naira CRO – Chief Risk Officer NSE – Nigerian Stock Exchange CSA – Children Savings Account OFR – Officer of the Federal Republic CSCS – Central Securities Clearing System OPL – Open Position Limit CSR – Corporate Social Responsibility ORM – Operational Risk Management Division ACCOUNTSIntroduction 2 Business Review 23 & EAR – Earnings At Risk OTC – Over The Counter Financial Highlights 2 Operating Environment 24 Chairman’s Statement 4 Industry Review and Outlook -
An African 'Florence Nightingale' a Biography
An African 'Florence Nightingale' a biography of: Chief (Dr) Mrs Kofoworola Abeni Pratt OFR, Hon. LLD (Ife), Teacher's Dip., SRN, SCM, Ward Sisters' Cert., Nursing Admin. Cert., FWACN, Hon. FRCN, OSTJ, Florence Nightingale Medal by Dr Justus A. Akinsanya, B.Sc. (Hons) London, Ph.D. (London) Reader in Nursing Studies Dorset Institute of Higher Education, U.K. VANTAGE PUBLISHERS' LTD. IBADAN, NIGERIA Table of Contents © Dr Justus A. Akinsanya 1987 All rights reserved. Acknowledgements lX No part of this publication may be reproduced or trans Preface Xl mitted, in any formor by any means, without prior per mission from the publishers. CHAPTERS I. The Early Years 1 First published 1987 2. Marriage and Family Life 12 3. The Teaching Profession 26 4. The Nursing Profession 39 Published by 5. Life at St Thomas' 55 VANTAGE PUBLISHERS (INT.) LTD., 6. Establishing a Base for a 98A Old Ibadan Airport, Career in Nursing 69 P. 0. Box 7669, 7. The University College Hospital, Secretariat, Ibadan-Nigeria's Premier Hospital 79 Ibadan. 8. Progress in Nursing: Development of Higher Education for Nigerian Nurses 105 9. Towards a Better Future for 123 ISBN 978 2458 18 X (limp edition) Nursing in Nigeria 145 ISBN 978 2458 26 0 (hardback edition) 10. Professional Nursing in Nigeria 11. A Lady in Politics 163 12. KofoworolaAbeni - a Lady of many parts 182 Printed by Adeyemi Press Ltd., Ijebu-Ife, Nigeria. Appendix 212 Index 217 Dedicated to the memory of the late Dr Olu Pratt Acknowledge1nents It is difficult in a few lines to thank all those who have contributed to this biography. -
The Impact of Ethnic Rivalry and Gulf of Trust on Nigerian Politics
Journal of Sustainable Development in Africa (Volume 16, No.5, 2014) ISSN: 1520-5509 Clarion University of Pennsylvania, Clarion, Pennsylvania THE IMPACT OF ETHNIC RIVALRY AND GULF OF TRUST ON NIGERIAN POLITICS: THE CASE OF THE FOUR-PARTY ALLIANCE, THE PROGRESSIVE PEOPLES’ PARTY AND THE PROGRESSIVE PARTIES’ ALLIANCE, 1979-1983 Emmanuel Oladipo Ojo Department of History & International Studies, Faculty of Arts, Ekiti State University, Ado-Ekiti, Ekiti State, Nigeria ABSTRACT Ethnicity was the most recurring decimal and dominant feature of Nigerian politics between 1951 and 1983. Since each of the ethnic groups – particularly the three major ones: Igbo, Hausa-Fulani and Yoruba – almost always held one another in utter suspicion, the basis of enduring political collaboration and partnership was almost always exactly nil. Thus, political collaboration between the three major ethnic groups became almost unachievable and when and where circumstances compelled some forms of political partnerships, they floundered over irreconcilable differences that revolved around ethnic rivalries and vagaries. This gulf of trust characterized the entire political process in Nigeria up to 1983 with very few instances of rapprochement among the major ethnic nationalities. While appreciable literature is available on the impact of ethnicity on Nigerian politics in the period before and after the attainment of independence and indeed up to the outbreak of the Civil War; not much is available in print on the rivalry that prevented the formation of a Four-Party Alliance, a Progressive Peoples’ Party as well as a Progressive Parties’ Alliance between 1979 and 1983. This almost entirely neglected aspect of Nigeria’s political history is the focus of this paper. -
Foreign Exchange Auction No. 72/2003 of 22Nd September, 2003
1 CENTRAL BANK OF NIGERIA, ABUJA TRADE AND EXCHANGE DEPARTMENT FOREIGN EXCHANGE AUCTION NO. 72/2003 OF 22ND SEPTEMBER, 2003 FOREIGN EXCHANGE AUCTION SALES RESULT APPLICANT NAME FORM DID CUMM. BANK weighted S/N SUCCESSFUL BIDS M/A NO R/C NO APPLICANT ADDRESS RATE AMOUNT AMOUNT PURPOSE NAME Average 1 BAYO OWOLAFE HOLDINGS LTD MF0061695 RC30678 18 TINUBU CLOSE PALMGROVE, LAGOS 130.0000 17,441.00 17,441.00 BICYCLE SPARE PARTS PRUDENT 0.0225 2 KAKAWA DISCOUNT HOUSE LIMITED AA1202082 RC264978 20 MARINA LAGOS. 130.0000 231.50 17,672.50 BOOKS PRUDENT 0.0003 3 NAMOH INDUSTRIES NIGERIA LIMITEDMF - 0483304 RC 305526 PLOT 5 OLUBADAN IND. ESTATE IBADAN 129.5800 41,400.00 59,072.50 AUDIO BLANK TAPES HABIB 0.0533 4 ROLLED STEEL PRODUCTS LTD MF0320208 RC21386 KM 16, OLD LAGOS ROAD, ALOMAJA IBADAN,OYO STATE.129.5100 101,788.00 160,860.50 ZINC METAL INGOTS DBL 0.1310 5 HERCULES MANUFACTURING NIGERIAMF0437092 LIMITED 355663 122 AWOLOWO ROAD IKOYI LAGOS 129.5100 12,490.00 173,350.50 USED PNEUMATIC TYRES ETB 0.0161 6 BEAMCO NIGERIA LTD MF0068126 16175 1 ONIRU STREET,APAPA,LAGOS 129.5100 83,102.44 256,452.94 FIRE HYDRANTS ASSEMBLY GUARANTY 0.1070 7 BEAMCO NIGERIA LTD MF0167072 16175 1 ONIRU STREET,APAPA,LAGOS 129.5100 107,710.00 364,162.94 INDUSTRIAL PUMPS GUARANTY 0.1387 8 BEAMCO NIGERIA LTD MF0167069 16175 1 ONIRU STREET,APAPA,LAGOS 129.5100 188,718.75 552,881.69 INDUSTRIAL CENTRIFUGAL PUMPS GUARANTY 0.2430 9 MRS OLARENWAJU JUMOKE AA0771020 A1668377 26 OMOTAYO OJO STR,OFF ALLEN AVENUE,IKEJA,LAGOS129.5100 12,805.08 565,686.77 SCHOOL FEES GUARANTY 0.0165 10 B.T. -
Spatial Variations of Values of Residential Land Use in Lagos Metropolis (Pp
An International Multi-Disciplinary Journal, Ethiopia Vol. 3 (2), January, 2009 ISSN 1994-9057 (Print) ISSN 2070-0083 (Online) Spatial Variations of Values of Residential Land Use in Lagos Metropolis (Pp. 381-403) Leke Oduwaye -Department of Urban and Regional Planning, University of Lagos, Akoka, Lagos. [email protected] ; [email protected] Abstract The cost of land has very strong influence on the quality and type of development that can be sustained on such land. Residential areas are no exception. This is more pronounced in economically vibrant. Lagos being the economic nerve centre of Nigeria fall into this category cities. This study is therefore to further enrich existing literature in this area but focusing on residential land values in Metropolitan Lagos. In the study, the actual prices of various components of residential land use are established which the study classified into rent, purchase price of residential apartments and purchase price of residential plots of land. This was done for different residential land use types which the study classified into three: namely high density, medium density and low density areas. The study concludes that residential land values are high in the low density areas and lower at the high density areas. The paper suggests the need to improve both physical and economic access to residential properties, privatization of the supply of infrastructural facilities, improvement in the quality of the environment and the need to release lands under public ownership to make more land available for residential use. Keywords: Residential, Land Value, Neighbourhood, Rent, Cost, Land. Copyright: IAARR, 2009 www.afrrevjo.com 381 Indexed African Journals Online: www.ajol.info African Research Review Vol. -
Frequent Health Travels Raise Questions Over Buhari Fitness for Office
businessday market monitor Commodities NSE Bitcoin E verdon Bureau De Change FMDQ Close Brent Oil Biggest Gainer Biggest Loser BUY SELL FOREIGN EXCHANGE TREASURY BILLS FGN BONDS FO 3,398,037.71 -0.33pc $74.45 Mobil $-N N188 4.21pc N40.85 -5.00pc 360.00 363.00 Market Spot $/N 3M 6M 5 Years 10 Years 20 Years Cocoa Powered by £-N 493 .00 503.00 -0.10% 0.16% 0.00% 41,155.80 I&E FX Window 360.64 0.81 -0.59 US $2,773.00 €-N 425.00 435.00 CBN Official Rate 305.75 11.52 12.60 13.15% 13.30% 13.02% NEWS YOU CAN TRUST I **WEDNESDAY 09 MAY 2018 I VOL. 15, NO 50 I N300 @ g Oil volatility FG codeine ban, seen as Trump Emzor Pharma withdraws US from closure a knee jerk Iran nuclear deal response – experts DIPO OLADEHINDE, with agency reports … Open season for smuggling and black-market operations ANTHONIA OBOKOH he recent ban on codeine- containing cough syrup Tby the Federal Govern- ment, shutting down Emzor Pharmaceuticals Ind. Ltd., Peace Standard Pharmaceutical Lim- n what marked the most ited and Bioraj Pharmaceutical significant foreign policy Limited is a knee jerk response Imove of his presidency, US to the drug abuse problem ex- President Donald Trump has perts have said. announced the pulling out of the The ban is echoing in the pub- Iran nuclear deal saying he will lic space over the drastic mea- reinstate economic sanctions on sure. Experts want a more logical the Islamic Republic. -
Visitors Guide to the Festival
INTRODUCTION The 2nd World Black and African Festival of Arts and Culture will take place in Nigeria from January 15 to February 12, 1977. It is a momentous event which will have profound effect on the lives of Black and African peoples throughout the world. The Festival represents an effort to bring together all Black and African peoples so as to set in motion a new cultural awake- ning in the interest of their collective existence and progress. 7.5 countries and communities have signified their intention to take part in the Festival. It is estimated that 15,000 artistes and officials will participate and that over 35,000 visitors from all over the world will attend the Festival. The information in this booklet is designed to assist visitors in planning their trip to Nigeria and make their visit comfortable. Further information can be obtained from the Zonal Secretariats listed elsewhere in this booklet or from: Director of Publicity, International Secretariat, 13, Hawkesworth Road, lkovi, Lagos, Nigeria. AIMS OF THE fESTIVAL To ensure the revival, resurgence, propagation and promotion of Black and African Culture and Black and African Cultural values and civilization. To present Black and African Culture in its highest and widest conception. To bring to light the diverse contributions of Black and African peoples to the universal currents of thought and arts. To promote Black and African artists, performers and writers and facilitate their world accepta nce and their access to world outlets. To promote better international and interracial understanding. To facilitate a periodic 'return to origin' by Black artists, writers and performers uprooted to other continents. -
The Politics of News Reportage And
THE POLITICAL ECONOMY OF NEWS REPORTAGE AND PRESENTATION OF NEWS IN NIGERIA: A STUDY OF TELEVISION NEWS BY IGOMU ONOJA B.Sc, M.Sc (Jos). (PGSS/UJ/12674/00) A Thesis in the DEPARTMENT OF SOCIOLOGY, Faculty of Social Sciences, Submitted to the School of Postgraduate Studies, UNIVERSITY OF JOS, JOS, in partial fulfillment of the requirements for the award of the degree of DOCTOR OF PHILOSOPHY (Ph.D) of the UNIVERSITY OF JOS. August 2005 ii DECLARATION I, hereby declare that this work is the product of my own research efforts, undertaken under the supervision of Prof. Ogoh Alubo, and has not been presented elsewhere for an award of a degree or certificate. All sources have been duly distinguished and appropriately acknowledged IGOMU ONOJA PGSS/UJ/12674/00 iii CERTIFICATION iv DEDICATION To my wife, Ada, for all her patience while I was on the road most of the time. v ACKNOWLEDEGEMENTS I am most grateful to Professor Ogoh Alubo who ensured that this research work made progress. He almost made it a personal challenge ensuring that all necessary references and corrections were made. His wife also made sure that I was at home any time I visited Jos. Their love and concern for this work has been most commendable. My brother, and friend, Dr. Alam’ Efihraim Idyorough of the Sociology Department gave all necessary advice to enable me reach this stage of the research. He helped to provide reference materials most times, read through the script, and offered suggestions. The academic staff of Sociology Department and the entire members of the Faculty of Social Sciences assisted in many ways when I made presentations. -
SEC and CAC Registered Companies
Companies registered at CAC S/N COMPANY NAME ADDRESS 1 Infrastructure Bank Plc 52 Ahmadu Bello Way 2 Abeokuta Golf Resort Plc Abeokuta Golf Complex, Oke Mosan 3 Abplast Products Plc Block 6, Flat 12 LSDPC Shopping Centre 12 Industrial Avenue 4 Abuja Electricity Distribution Plc 1, Harare Street, Wuse Zone 5 Abuja Technology Village Company Plc4, Nkwerre Street, Garki II 6 Acorn Petroleum Plc Elephant House(5th Floor), 214 Broad Street, 7 Afam Power Plc Afam Power Station Complex 8 Afcott Nigeria Plc 48, Marina, 9 Afprint Nigeria Plc Plot 122-132, Oshodi-Apapa Expressway, 10 Afren Plc 1st Floor, The Octagon 13A, A.J. Marinho Drive, 11 Africana First Publishers Plc Plot 5/7A, Odofin Park Estate, Oshodi-Apapa Expressway, By Ijesha Bus/stop, 12 AG Homes Saving & Loan Plc 96a, Opebi Road, 13 Agip Nigeria Plc. Agip House PC 23 Engineering Close 14 Air Liquide Nigeria Plc 104/106, Ladipo Street, Matori, 15 Albarka Air Plc 8A, Udi Street,Off Aso Drive,Maitama District. 16 Alliance & General Insurance Plc A&G Tower, 12 Abibu Oki Street, 17 Alliance & General Insurance Plc Baico Plaza, 12, Abibu -Oki Street 18 Allied Energy Plc Camac House ,Plot 1649 ,Olosa Street, 19 Alpgam Energy Plc 1st Floor Wing 2, Elephant Cement House, 20 Anambra Aluminium ProductS Plc 31, New Anglican 21 Antonio Oil Plc. 63 Allen Avenue 22 Aoteoil Plc 19 Kehinde Akamo Crescent Ilupeju 23 Arable Crops Development and MarketingPlot 590, Co NigNAIC Plc Building Zone CBD, 24 Arm Properties Plc 1 Mekunwen Road Off Oyinkan Abayomi Drive 25 ASO Radio and Television Services PlcKatampe Hill, Murtala Mohammed Way 26 Atlas Nigeria Plc. -
“The Poor Also Must Live!” Market Demolition, Gentrification and the Quest for Survival in Lagos State
“The Poor Also Must Live!” Market Demolition, Gentrification and the Quest for Survival in Lagos State. October 2016 “The Poor Also Must Live!” Market Demolition, Gentrification and the Quest for Survival in Lagos State. Author: Gbenga Komolafe, General Secretary, Federation of Informal Workers' Organizations of Nigeria (FIWON) Publication Date: October 2016 About FIWON: FIWON is a membership based organization of self - employed workers in the informal sectors of the Nigerian economy. Whereas workers in the informal sectors constitute over 80% of non-agricultural employment, 60% of the urban employment and over 90% of new jobs in Nigeria, they are often subjected to arbitrary and excessive taxation, downright extortion, arbitrary arrests and imprisonment while their basic needs for social security is ignored. Informal workers constitute the bulk of the poor and marginalized people in Nigeria. FIWON was inaugurated June 18, 2010 in Abuja in the course of its 1st National Conference in Abuja with over 34 self - employed workers’ organizations in attendance. Today, there are over 120 organizations from 15 states of the Nigerian federation. FIWON’s overall goal is to transform the working and living conditions of informal workers to an acceptable standard that guarantees their basic human rights as citizens and workers. FIWON builds leadership capacities of informal workers for resisting rights violation and for representation in decision making public institutions. It has a Cooperative and Thrift arm that provide soft loans for members while it collaborates with public and private institutions for vocational and entrepreneurial training of members. “The Poor Also Must Live!” Market Demolition, Gentrification and the Quest for Survival in Lagos State.