DOCSLIB.ORG

Valuechain Online

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Valuechain Online AUGUST 2020 VOL. 3 NO. 08 C ONTENTS 4 EDITORIAL INDUSTRY 26 5 Oil Demand Expected to Increase in 2022 Concerns Heighten 6 Covid-19: How Oil and Gas Firms Lost N84bn Revenue 8 Host Communities, Operators Spar over over Domestic Gas Location of Lagos Tank Farms 10 Kyari Lists Parametres to Pricing Sustainable Growth in Nigeria Petroleum Industry ...as FG raises committee 12 OPEC+ Moves to Maintain Production Cuts as Oil Recovery Slows to resolve issue 14 AKK Gas Pipeline: Game-changer for North’s Industrialisation? 17 NCDMB Tower Shines, Glimmer of Hope for Niger Delta Infrastructure ...As IOCs urged to return 31 Oil, Gas Industry Must Continue to Adapt in Order to Thrive - Sarki 36 Gas Expansion Programme will Create 12m Jobs – Sylva 38 AUGUST SHORT TAKES ENERGY 31 Celebrating Milestones in Nigeria’s Power Sector? LIFE 35 What Women Want 50 ENTERTAINMENT Uproar over Proposed 6% 40 ‘Entanglements’ in Big Brother Stamp Duty on Rents Naija HEALTH 44 Appreciating the COVID-19 Pandemic MOTORING 46 History, as Stallion Holds Nigeria’s 1st Keke Rally with Bajaj Tricyles AVIATION 48 How Nigeria Loses N30bn Monthly due to Ban on International Flights 21 *Loses out on $311m African airline Star of the Industry bailout fund Engr. Emeka Okwuosa SPORTS Chief Executive Offi cer, Oilserv 53 Tokyo 2020 Olympics: Flame to be Limited Displayed in Public next Month aluechain recent- while other gas-related ly held its maiden companies are buying Vwebinar on zoom without subsidy. Though where technocrats from we couldn’t discuss this various fi elds of endeav- crucial matter during the our were invited to dis- webinar, we’ve decided to cuss issues surrounding make it our cover story for the economic and invest- the August edition where ment opportunities of the we tried to fi nd the rea- Ajaokuta-Kaduna-Kano sons for the imbalance in have reports on the pro- Gas pipeline which con- the gas pricing. jections made by some struction was flagged off Also in this edition, we notable international en- by President Muhammadu ergy institutions on what Buhari early July. oil demand will look like in The well-attended webi- few months to come. nar gave the panelists and As usual, we have re- the audience the oppor- Publisher/Editor-in-Chief ports from Aviation, Mo- tunity to discuss issues Musa Bashir Usman toring, Entertainment, Acting Editor Property, and Sports for of concerns related to the Benjamin Ike project and beyond. One your reading pleasure. Deputy Editor of the fallouts of the on- Fred Ojiegbe This and many more line event was a concern Contributors reports are packaged for raised by a participant on Gideon Osaka our esteemed readers in Ironhand S. Chukwuemeka this edition as we always the current disparity in Favour C. Nrabulu gas pricing in the country, Aisha Sambo believe that you deserve where US dollar is used as Graphic Consultant the best updates from this the denomination for gas Theresa Ogbonna unique Industry. exchange in the country. Business Dev. Executives Do have a fulfi lled time Adeniyi Onifade (South) Worst still is the ununiform Abdulkarim Sani (North) reading! price of the commodity to Circulation Manager buyers. Danlami Nasir Isah Where companies that Online Editor M.B. Usman Saidu Abubakar NB. Feel free to send in your views are into power generation and have your say @ Photo Editor [email protected] (Gencos) are buying the Bashir Bello Dollars gas at a subsidised rate, Legal Adviser Lamir Kasim Idris (Esq.) Head Offi ce: Abuja Liaison Offi ce: 1-2 Abu-Rayyan Street, New NDC Layout, Kaduna. SF 3, Rhema Mall, Ahmadu Bello Email: [email protected] Way, Opp. NAF Conference & Contact: 08032324370, 09071492222 Suites, Abuja. [email protected] @thevaluechainng.com thevaluechainng.com 4 Industry 08:20 Oil Demand Expected to Increase in 2022 –By Fred Ojiegbe lobal oil demand won’t re- Agency has become noticeably seeing demand down by 2 million turn to 2019 levels until at more bearish on demand, cutting barrels a day from the same peri- Gleast 2022 and the gap may its forecast for every quarter from od in 2019, compared with a drop be getting wider than it seemed a now to the end of 2021. It now of 3.6 million barrels a day fore- month ago, world major energy sees the world using 500,000 cast by the IEA. The IEA strikes a forecasters said. barrels a day less oil in the second contrasting note. Not only does All three of the world’s main oil half of 2020 than it did a month it see the impact of the pandem- forecasting agencies, the Inter- ago, while the downward revision ic on oil demand being less se- national Energy Agency, the U.S. for the two Northern Hemisphere vere than either of the other two Energy Information Administra- summer quarters next year is forecasters, it also sees it being tion and the Organization of Pe- about 400,000 barrels a day. For largely over before the end of next troleum Exporting Countries pub- 2021 as a whole, the IEA cut its year, with global oil demand in the lished new quarterly forecasts. demand forecast by 240,000 fourth quarter of 2021 down by They agreed that transport barrels a day, the first downward just 350,000 barrels a day from fuels are proving particularly vul- revision since April, when the full the same period two years earlier. nerable, with jet fuel and gasoline impact of the coronavirus on oil The U.S.-based agency was alone hardest hit during the depth of the demand first became apparent. in increasing its demand forecast pandemic and remaining so as “By December 2021, global oil for every quarter from now to the restrictions have been gradually consumption will still be 2 percent end of next year, compared with eased. With the Northern Hemi- lower than at the end of 2019,” the what it foresaw in July. Despite sphere summer holiday season Paris-based group said. The agen- the worsening demand outlook drawing toward its close at the cy placed the blame for the down- from two of the three agencies, beginning of September, time is grade firmly on transport fuels, the OPEC+ group of oil produc- said to be fast running out for the noting that “the aviation and road ing countries should still be able normal seasonal boost to both transport sectors, both essential to drain the excess oil invento- driving and flying. Commercial components of oil consumption, ries built up over the first half of flights are languishing 40 percent are continuing to struggle.” OPEC 2020 by the end of next year as below their peak January level, also made downward revisions to long as they all stick to the output according to data from Flightra- demand for all future periods, ex- promises they made to each oth- dar24. Long-haul flights have cept the first quarter of next year. er. Under the terms of that agree- been hit particularly hard; U.S. The producer group remains more ment, 20 countries agreed to cut ticket purchases for international pessimistic than the IEA about their combined crude production flights were down by 86 percent the recovery in demand over the by 9.7 million barrels a day from year on year in June, the most re- rest of this year, it sees consump- agreed baselines from May to cent month for which figures are tion down year on year by over 1 July, reducing the size of the cut available from the Airlines Report- million barrels a day more than to 7.7 million barrels a day for the ing Corporation. Comparing the the IEA does in the second half of rest of 2020 and then to 5.8 mil- latest outlooks with last month’s 2020. But it takes a more optimis- lion barrels during 2021 and the views, the International Energy tic view of the first half of 2021, first quarter of 2022. All three of the world’s main oil forecasting agen- cies, the International Energy Agency, the U.S. En- ergy Information Administration and the Organiza- tion of Petroleum Exporting Countries published new quarterly forecasts and none project oil demand back at 2019 levels by the end of next year. 5 Industry 08:20 COVID-19: How Oil and Gas Firms Lost N84bn Revenue –By Gideon Osaka from the oil marketing firms To- tal and Mobil. Over N56 billion of the revenue loss was between Mobil and Total. Seplat and Ar- dova lost just over N5 billion re- spectively. Further careful review of their results suggests the companies suffered from a drop in demand for refined products such as fuel, diesel, and lubricants. As it were, Nigerians were mostly on lockdown throughout April and May before reopening partially in June and July. How- ever, the damage had been done as adherence to safety proce- dures meant fewer people were evenues of some of the billion in the second quarter of commuting impacting heavily key oil and gas companies 2020 compared to N220.3 bil- on sales. Rin Nigeria as quoted on the lion in the corresponding quar- Seplat was also hit by dipping Nigerian Stock Exchange fell by ter of 2019. Revenue in Q1 was crude oil prices and weak de- about 38% in the second quarter N219 billion. The Nigerian econ- mand for its crude. Recall that of 2020. omy, particularly the oil and gas back in April, oil prices at some This translates to estimated sector has been hit hard by the point fell to negative territory as loss of N84.7 billion from their oil price crash and the COVID-19 demand waned globally.
Load more

Recommended publications
  • “Cinto Apertado' Para Ex-Militares
    Segunda-feira 28 de Maio 2018 Valor Económico 17 96.1 fm 96.1 fm Proibida a venda! Este jornal é GRÁTIS Quinta-feira 11 de Abril 2019 Semanário | Ano: 7|Edição Nº 346 Director-Geral: Evaristo Mulaza 35 Nova_Gazeta_NOVO_303_.indd 35 28/05/18 14:56 EDIÇÃO#111.indd 17 25/05/18 21:33 CAPA & SOCIEDADE CS6.indd 6 21/05/18 19:02 No pequeno comércio Ministério da Educação insiste com projecto para este ano Estrangeiros já podem ter alvará ‘Cartão O Governo Provincial de Luanda prepara-se para aplicar o direito costumeiro. Em breve, todos os estrangeiros legalizados poderão ter o alvará de lojas. Vai acabar o vermelho’ aluguer por parte dos nacionais. Pág. 14 ao exame 11 anos depois O regresso de Olavo nacional único Gamboa O Governo pretende implementar, ainda este ano, um único exame para quem frequenta as 6.ª, 9.ª e 12.ª classes. Mas o projecto está a criar resistências entre os educadores. Há dúvidas Promotor de espectáculos de sobre se o país tem condições técnicas e logísticas para aplicar um exame nacional que não boxe, esteve longe do país mais levante suspeitas. O Ministério da Educação acredita que o projecto é exequível e promete de uma década por “razões polí- apresentá-lo nos próximos dias. Págs. 14 e 15 ticas”, garante. Regressa com o projecto de levar a modalidade aos bairros e cadeias. Págs. 18 e 19 Por falta de provas Reintegração com orçamento curto Norberto Garcia absolvido “Cinto apertado’ PGR revela não ter encontrado provas que possam incriminar o antigo director da para ex-militares Unidade Técnica para o Investimento Privado e ex-porta-voz do MPLA.
    [Show full text]
  • Ivyann Moreira Schofield
    Ivyann Moreira Schofield SPECIALITY/SKILLS: BOOKINGS - [email protected] / +27 11 482 2166 Director AGE 43 Multicam Director ETHNICITY Caucasian Vision Mixer LOCATION Jhb Content Director DRIVERS LICENSE Y Writer Links LANGUAGES SPOKEN IMDB NAME: N/A English, Afrikaans SHOWREEL LINK: TBC Portuguese - Basic understanding WRITE UP Ivyann has directed entertainment & magazine shows, television & online commercials, youth & children’s television, sitcoms & dramas, news & actualities, as well as corporate videos, promos, music videos, live music shows, cooking shows, reality shows & numerous extravaganza finale shows. Before becoming a Director she worked in scriptwriting, research & content direction. Prior to joining the TV industry in April 2000, she obtained a Bachelor of Dramatic Arts Honours (Film, Television & Writing) at the University of the Witwatersrand. Ivyann has worked locally in South Africa and internationally on products for clients including E! Entertainment, TLC, Al Jazeera, BBC, Nickelodeon & Cartoon Network. She believes each & every production requires creativity, love & passion from inception to incubation and realization. TRAINING INSTITUTE QUALIFICATION PERIOD University of the Witwatersrand Bachelor of Dramatic Arts Honours 1996-1999 EXPERIENCE TELEVISION (RECENT HIGHLIGHTS) PRODUCTION CREW POSITION PRODUCTION COMPANY PERIOD Hashtags# (Talk Show) Technical Director Weldun Media 2019 Project Runway SA S2 (Reality) Technical Director / VisionMixer Rapid Blue 2018 Die Kontrak (Music Competition) Technical Director
    [Show full text]
  • Nadir Tati & Wicci Designation
    WICCI COUNCIL ANGOLA WOMEN´S INDIAN CHAMBER OF COMMERCE AND INDUSTRY www.wicci.in 1 Council Vision &Mission Initially, we will adopt the global vision of the Bilateral Councils of WICCI. Perhaps, after our inaugural meeting, we will have concrete goals and objectives, which, we believe, will naturally give form of a Vision & Mission more suitable to our context. Therefore: - To empower women-owned business, - To develop different areas of focus to mainstream womens’s voices and uphold women’s interest in policy making at multiple levels. - To work with corporations and governments for conducting important reaserch studies, support skills development, deliver mentorship programs et al, with suitable grants and funding from them. - To hold programs with experts in determined areas. 2 Welcoming Council Members to President, Vice President and 20+ Nominated WICCI Council Members 3 LUCIA STANISLAS & WICCI DESIGNATION PRESIDENT, ANGOLA COUNCIL WICCI BIO : Lúcia Fernandes Stanislas is a development enthusiast , entrepreneur, mentor, and humanist with over 20 years of experience acquired in the United States (Atlanta and New York) and Angola. Guided by the principles of innovation, impact, and unity, Lúcia builds strategies, systems and alliances to foster personal and organizational development, as well as social change. Her work and social reputation led her to become a board member of an Oil & Gas company, and the Ambassador to WED (Women’s Entrepreneurship Day) for Angola. WED is celebrated in more than 144 countries. Lúcia was recognized as part of the Golden Generation of Angola in 2017. Her contribution to the Entrepreneurship Ecosystem in Angola as a mentor and provider of specialized services has been mentioned in a publication promoted by the Embassy of USA in Angola.
    [Show full text]
  • Integrated Annual Report 2015 1
    Seardel Integrated Annual Report 2015 1 INTEGRATED ANNUAL REPORT 2015 2 Seardel Integrated Annual Report 2015 SCOPE OF THE INTEGRATED REPORT AND ASSURANCE 1 OPERATING STRUCTURE 3 GROUP FINANCIAL AND PERFORMANCE HIGHLIGHTS 4 DIRECTORS’ PROFILE 6 ACTING CHIEF EXECUTIVE OFFICER’S report 8 OperationaL OVERVIEW 10 SHAREHOLDERS’ SNAPSHOT 18 CORPORATE GOVERNANCE 21 KING III 24 Report OF THE AUDIT COMMITTEE 26 REPORT OF THE REMUNERATION COMMITTEE 28 SOCIAL AND ETHICS COMMITTEE Report 32 SUSTAINABILITY REPORT 33 SUMMARISED AUDITED FINANCIAL RESULTS 40 DECLaration BY COMpany secretary 40 DIRECTORS’ REPORT 41 FINANCIAL STATEMENTS 44 NOTICE OF ANNUAL GENERAL MEETING 53 FORM OF PROXY 59 Corporate INFORMATION IBC Seardel Integrated Annual Report 2015 1 SCOPE OF THE INTEGRATED REPORT AND ASSURANCE Seardel Investment Corporation Limited (“Seardel”) proudly presents its Integrated Report. This provides a summary of the Group’s financial, social and environmental performance on matters material to the Group and those of interest to the Group’s key stakeholders for the financial year ended 31 March 2015. This summary of results includes an executive review of our The financial information extracted from the audited Seardel performance as published on the Securities Exchange News annual financial statement for the year ended 31 March 2015 has Service (“SENS”) on 21 May 2015 and in the Business Day on been correctly quoted in the Integrated Annual Report. 22 May 2015. The reporting principles which have been applied in this Integrated As a JSE-listed company the Group subscribes to the principles Annual Report are in accordance with International Financial of integrated reporting. These strive to provide insight into the Reporting Standards (“IFRS”), the Companies Act of South Africa business practices which have a material influence on the Group’s 2008 (as amended), the JSE Listings Requirements, King III and future sustainability.
    [Show full text]
  • Africa's Soft Power : Philosophies, Political Values, Foreign Policies and Cultural Exports / Oluwaseun Tella
    “This seven-chapter book is a powerful testimonial to consummate African scholarship. Its analysis is rigorous, insightful, lucid and authoritative, providing fresh perspectives on selected uniquely African philosophies, and the potential­ ities, deployment and limitations of soft power in Africa’s international relations. The author rigorously Africanises the concept, broadening its analytic scope from its biased Western methodology, thus brilliantly fulfilling that great African pro­ verb made famous by the inimitable Chinua Achebe: ‘that until the lions have their own historians, the history of the hunt will always glorify the hunter’. This is truly an intellectual tour de force.” W. Alade Fawole, Professor of International Relations, Obafemi Awolowo University, Ile-Ife, Nigeria. “This book addresses an important tool in the arsenal of foreign policy from an African perspective. African states have significant soft power capacities, although soft power is not always appreciated as a lever of influence, or fully integrated into countries’ foreign policy strategies. Tella takes Nye’s original concept and Africanises it, discussing Egypt, Kenya, Nigeria and South Africa via their respective philosophies of Pharaonism, Harambee, Omolúwàbí and Ubuntu. This study is a critical contribution to the literature on African foreign policies and how to use soft power to greater effect in building African agency on the global stage.” Elizabeth Sidiropoulos, Chief Executive, South African Institute of International Affairs, Johannesburg, South Africa. “Soft power is seldom associated with African states, given decades bedevilled by coup d’états, brazen dictatorships and misrule. This ground-breaking book is certainly a tour de force in conceptualising soft power in the African context.
    [Show full text]
  • A Study of Selected Reality Television Franchises in South Africa And
    GLOCALISATION WITHIN THE MEDIA LANDSCAPE: A Study of Selected Reality Television Franchises in South Africa and Transnational Broadcaster MultiChoice BY Rhoda Titilopemi Inioluwa ABIOLU Student number 214580202 Ethical clearance number HSS/1760/015M A dissertation submitted in fulfillment of the requirements for the degree of Master of Social Sciences in the Centre for Communication, Media and Society (CCMS), College of Humanities, School of Applied Human Science, University of KwaZulu-Natal. Supervised by: Professor Ruth Teer-Tomaselli UNESCO Chair of Communications FEBRUARY, 2017. DECLARATION I, Rhoda Titilopemi Inioluwa ABIOLU (214580202) declare that this research is my original work and has not been previously submitted in part or whole for any degree or examination at any other university. Citations, references and writings from other sources used in the course of this work have been acknowledged. Student’s signature………………………………… Date…………………………………. Supervisor’s signature……………………………… Date………………………………… ii ACKNOWLEDGEMENTS To my Father, my Saviour, my Friend and my God, Jesus Christ; the Source of all good things, the Author and Finisher of my faith who helped me and gave me the courage and strength to do this work, ESEUN OLUWAAMI. I thank my supervisor Professor Ruth Teer-Tomaselli, who stirred up the interest in this field through the MGW module. I thank you for all your guidance through this work and for all you did. How you always make time for me is deeply cherished. You are a source of encouragement. Thank you Prof. The financial assistance of the National Research Foundation (NRF) towards this research is hereby acknowledged. Opinions expressed and conclusions arrived at, are those of the author and are not necessarily to be attributed to the NRF.
    [Show full text]
  • Macro-Economic Highlights Report for Q3 2020 (July-September 2020)
    Macro-Economic Highlights Report for Q3 2020 (July-September 2020) Nigeria records 27.1% unemployment rate: According to the National Bureau of Statistics (NBS), the unemployment rate during Q2 2020 was 27.1%, up from the 23.1% recorded in Q32018. The underemployment rate increased from 20.1% to 28.6% during the same period. Ease of doing business: Nigeria, China, India, 7 others make list of 10 improved economies: The World Bank Ease of Doing Business Report for 2020 listed Nigeria, as one of the ten countries with the “most notable improvement”. The report samples business regulation in 190 economies across the globe. Out of the sampled countries, the report indicated “115 economies made it easier to do business”. Nigeria’s revenue dropped by 65%: According to the Finance Minister, Nigeria’s revenue has dropped by 65% hence the decision which led to the decision to discontinue the payment of petrol subsidy. Foreign Direct Investment drops 29.7% to $362.8mn in H1’20: The contribution of foreign direct investments, FDI, to the nation’s economic growth recorded a major setback in H1 2020; as inflows dropped by 29.7% to N137.6bn ($362.84mn) from N178.6bn ($470.51mn) in the corresponding period of 2019(H1’19). Economy sinks to 3-decade record low: Nigeria’s Updated Key Macro-Economic economy has suffered its worst decline in three th decades as the Gross Domestic Product, GDP, Indices (as of 30 Sept. 2020) contracted by -6.1%, in the second quarter of 2020. Index Current Previous The National Bureau of Statistics report indicated that the development was due to COVID-19 induced commercial and social lockdowns, as well Inflation 13.71% 13.22% as the impact of weaknesses in oil and non-oil (Sept (Aug 2020) output of the economy.
    [Show full text]
  • 1H FY21 Results Press Release
    MULTICHOICE GROUP DELIVERS RESILIENT INTERIM RESULTS Johannesburg, 12 November 2020: MultiChoice Group (MCG, or the group), Africa’s leading video entertainment company, delivered resilient financial results for the six months ended 30 September 2020 (1H FY21). The group added 1.2m 90-day active subscribers year-on-year (YoY), to close the period on 20.1m households, exceeding the 20m subscriber milestone for the first time. The customer base is split between 11.4m households (57%) in the Rest of Africa (RoA) and 8.7m (43%) in South Africa. Core headline earnings were up 41% on the prior period at R2.7bn, with the strong growth attributable to a 38% improvement in organic trading profit and lower net realised foreign exchange losses. The trading profit impact of COVID-19 was largely neutral, as a R0.9bn revenue loss relating to lower advertising income and subscription revenues from commercial customers was offset by R0.8bn in delayed content costs. “Despite operating in a challenging environment and being affected by lockdowns, production stoppages and disruptions to live sport, we delivered on all key metrics,” says Calvo Mawela, MCG Chief Executive Officer. “A strong focus on cost reduction allowed for a further R1bn in cost savings during the period. We also narrowed the losses in the Rest of Africa by 59% year-on-year (or R0.5bn) to R338m.” Revenue increased 2% (-1% organic) to R26.1bn, with subscription revenues of R22.2bn increasing a solid 5% (3% organic) YoY. Top line momentum was significantly impacted by COVID-19. Advertising revenue declined R0.6bn YoY, mainly due to a lack of sports advertising and a generally softer advertising market resulting from lower economic activity.
    [Show full text]
  • Critical Reflections on Big Brother Naija As Popular Culture
    CALL FOR PAPERS Critical Reflections on Big Brother Naija as Popular Culture Contributions are invited for an edited book on Big Brother Naija as Popular Culture in Nigeria. Abstracts and contributions must be written in English and in a style accessible to a wide audience. Please submit abstracts to: [email protected] Abstracts no later than 30th November 2020 Editors Prof. Christopher Isike University of Pretoria, South Africa [email protected] Dr. Olusola Ogunnubi Carleton University, Canada / University of the Free State, South Africa [email protected] Mr Ogochukwu Ukwueze University of Nigeria, Nsukka Nigeria [email protected] Rationale Big Brother Naija (BBN) is the Nigerian version of the Big Brother franchise which concept is drawn from George Orwell’s novel, 1984, and is featured in more than 50 countries of the world. Although organised and starred by Nigerians, BBN is viewed in many parts of the world. As a reality TV show, BBN belongs to the category of human production called Popular Culture, which Ogude and Nyairo (2007, 7) define as consisting of “creativity which is not elite, unofficial and urban”. Indeed, Popular Culture often reflects the taste of the common people and gauges the tempo of prevailing social reality. In essence, it is the site of engagement with the temperament of a society. This makes BBN, as part of Nigeria’s popular culture, a credible platform to engage and understand Nigeria, its peoples and culture better. The Season Five (Lockdown Edition) of the BBN ended on 27 September 2020, with Mr Olamilekan Agbeleshe (Laycon) as the winner.
    [Show full text]
  • NINLAN to Award Degrees — Features — Breaking News, Nigeria News and World
    NINLAN to award degrees — Features — Breaking News, Nigeria News and World... https://guardian.ng/features/ninlan-to-award-degrees/ Search Guardian Newspaper Thursday 6 April 2017 News Opinion Business Technology Sport Arts Features MORE SECTIONS Features | Education Latest NINLAN to award degrees EU's Tusk to meet May in London 15 mins ago By Kanayo Umeh, Abuja | 02 July 2015 | 2:47 am Gambians begin voting in first post-Jammeh poll THE Executive Director, National Institute for Nigerian Languages (NINLAN) Aba, Abia State, Prof. Ben Elugbe, Graduates 44 mins ago said the institute would soon start awarding degrees in line with its mandate. Trump, Xi look to navigate minefield in first summit Elugbe who disclosed this in an interview with newsmen in Abuja, stated that NINLAN was established in 1993, as an apex 58 mins ago institution for research, teaching and documentation, co-ordination of studies and production of graduate teachers in Brazil top FIFA rankings for first time Nigerian languages. since 2010 1 hour ago The executive director said NINLAN was also mandated to award testimonials, certificates, diplomas and degrees to persons who complete their courses of study at the institute. Ahmed Musa arrested for alleged wife battery 2 hours ago While informing that the institute would soon approach the National Universities Commission (NUC) to do the necessary verifications and accreditations, Elugbe added that, “before awarding degrees, you need to get NUC to look at your staff News strength, facilities, academic staff, among other things. “Consequently, we intend to approach NUC this year for accreditation to enable us start awarding degrees in Nigerian languages to second language speakers (L2).
    [Show full text]
  • Laycon Might Become Greater Than MI
    Our Team. Editor in Chief Ademola Adebusoye Senior Editors Akinwumi John Executive Art Director Titilope Adebusoye (@tisennahstouch) Columnists Akinwumi John, Boluwatife Ajayi, Contributors Funmi Oyatogun, Orobosa Ikponmwen Chief Photography Editor Titilola Benson (@titibensonphotography) +234 706 542 5734 Associate Art Director Amaka Kponu (@7thstreetstyling) +234 706 111 9849 Stylist Amaka Kponu (@7thstreetstyling) +234 706 111 9849 Cover Page design Fatuase Anjola (@anjola_jesu) +234 813 966 0714 EDITORIAL OFFICES Block xxvi, Plot 37, Wale Adesunloro Avenue, Akagbaka Estate, Akure, Ondo state, Nigeria. Road 7, plot 5, Unity Estate, Magboro, Ogun state, Nigeria. No 3, Adetutu Odunlami Close, off Sowande street, Omole Phase 2, Lagos, Nigeria. +234 (0) 701 799 0010 SUBSCRIPTIONS [email protected] Block xxvi, Plot 37, Wale Adesunloro Avenue, Akagbaka Estate, Akure, Ondo state, Nigeria. Rainbow Magazine is published by Rainbow Entertainment by Rainbow Projects NG. RC: .277895 Magazine. magazine.rainbow.com.ng ... a colourful world. EXPLORING NEW IDEAS Rainbow Magazine Introduces Interactive contents and adverts! Editorial The concept of change is a bring interactive content to our phenomenon that has been explained growing subscribers and advertisers. by several philosophers and individuals with varying school of Interactive content enables an thoughts. The truth is that 'change' is advertiser give more information than contextual and can be measured their ads actually say. You can now differently, depending on the individual embed a video within your ads on the realities of the subject. pages of our publications as well as gather more information about people The reality now is that we as a people interested in your products. want things to be easy, we don't want to put things in our memory and recall Interactive content also enable it for later use - in truth, it can be readers to take specific action desired annoyingly stressful sometimes, by the advertiser.
    [Show full text]
  • Afrika Kulcsállama Dél-Afrika
    Fotók: Búr Gábor Búr Gábor Afrika kulcsállama Dél-Afrika 996-ban, Samuel Huntington „The Clash of Civilizations” Az afropesszimizmus csúcsának számító 1990-es évtizedben című műve könyvváltozatának megjelenése évében Paul Nigéria, Etiópia, és más nagy afrikai államok leértékelődése Kennedy két, szintén a Yale Egyetemen tanító szerző- szinte teljes volt. Napjainkra a helyzet gyökeresen megvál- 1társsal közösen cikket jelentetett meg a Foreign Affairs tozott, részben az emelkedő olajbevételeknek, részben a hasábjain „Kulcsállamok az USA külpolitikai stratégiájában” nyersanyagtermelő államok pozíciójának általános javulása címmel. (Chase, Hill, Kennedy, 1996: 35-51) A cikk legfontosabb következtében. Ennek ellenére Dél-Afrika helyzete mind a nem- mondanivalója, hogy az Egyesült Államok a fejlődő világban csak zetközi, mind pedig az Afrikán belüli erősorrendben azóta még vékonyan teríti segélyeit, így annak hatásfoka alacsony, nem tovább erősödött. A G8-ak legutolsó, Heiligendammban tartott képes a válságokat sem megelőzni, sem kezelni. A megoldást csúcstalálkozójára 2007 júniusában az ún. „küszöbállamok”, a szerzők kulcsállamok (pivotal states) kiválasztásában látták, Kína, India, Mexikó, Brazília, és Dél-Afrika külön meghívást az oda koncentrálandó anyagi eszközök sokkal jobb hasznosu- kaptak, kiemelt partnerekként kezelték őket, míg a napirend lását prognosztizálva. Kilenc ilyen államot neveztek meg, Indo- fontos részét képező afrikai ügyek tárgyalására meginvitált néziát, Indiát, Pakisztánt, Törökországot, Egyiptomot, Brazíliát, többi
    [Show full text]