Nigeria international Victor Obinna Nsofor is on the road to recovery after missing the last two months due to knee injury.
The attacker had an individual session with the MSV Duisburg
physiotherapists on Tuesday and there are indications he will be fully
fit before the resumption of Bundesliga 2 in the first week of February,
allnigeriasoccer.com reports.
The 28 – year – old was one of the standout players at MSV Duisburg before his injury.
The former Inter Milan and West Ham star made six appearances in the
second – tier and scored once against Union Berlin on September 26.
Thursday, 21 January 2016
Nigeria in 2016: a challenging year ahead
on
02:52:00
Wednesday, 20 January 2016
WHO’s book to improve Nigerians’ health
on
05:34:00
How
can Nigerians enjoy good health in 2016? It is by adopting the World
Health Organisation (WHO) template, report OYEYEMI GBENGA-MUSTAPHA and
WALE ADEPOJU.
The World Health Organisation (WHO) is the global policeman for health matters. It has a template for member-countries in healthcare delivery.
According to the WHO, the right to the highest attainable standard of health requires a set of social criteria that are conducive to the health of all people.
In addition, the availability of health services, safe working conditions, adequate housing and nutritious foods is non-negotiable. This is because achieving the right to health is closely related to that of other human rights- the right to food, housing, work, education, non-discrimination, access to information, and participation.
Nigerians do not enjoy optimum healthcare. Some do not even have access to.
To WHO, the right to health includes both freedoms and entitlements:
Freedoms include the right to control one’s health and body (e.g. sexual and reproductive rights) and to be free from interference (e.g. freedom from torture and from non-consensual medical treatment and experimentation).
Entitlements include the right to a system of health protection that gives everyone an equal opportunity to enjoy the highest attainable level of health.
Health policies and programmes have the ability to either promote or violate human rights, including the right to health, depending on the way they are designed or implemented. Taking steps to respect and protect human rights upholds the health sector’s responsibility to address everyone’s health.
Disadvantaged populations and the right to health
According to WHO, vulnerable and marginalised groups in societies are often less likely to enjoy the right to health. Three of the world’s most fatal communicable diseases – malaria, HIV/AIDS and tuberculosis – disproportionately affect the world’s poorest populations, placing a tremendous burden on the economies of developing countries. Conversely the burden of non-communicable disease – most often perceived as affecting high-income countries is now increasing disproportionately among lower income countries and populations.
Within countries, some populations, such as indigenous communities are exposed to greater rates of ill-health and face significant obstacles to accessing quality and affordable healthcare. This population has substantially higher mortality and morbidity rates, due to non communicable diseases such as cancer, cardiovascular and chronic respiratory diseases, than the general public. People who are particularly vulnerable to HIV infection, including young women, men who have sex with men, and injecting drug users, are often characterised by social and economic disadvantage and discrimination. These vulnerable populations may be the subject of laws and policies that further compound this marginalisation and make it harder to access prevention and care services. Nigeria can do well by looking into this.
Violations of human rights
in the health sphere
Violations or lack of attention to human rights can have serious health consequences. Overt or implicit discrimination in the delivery of health services violates fundamental human rights.Many people with mental disorders are kept in mental institutions against their will, despite having the capacity to make decisions regarding their future. On the other hand, when there are shortages of hospital beds, it is often members of this population that are discharged prematurely, which can lead to high readmission rates and sometimes even death, and also constitutes a violation of their right to receive treatment.
Similarly, women are frequently denied access to sexual and reproductive healthcare and services in developing and developed countries. This is a human rights violation that is deeply engrained in societal values about women’s sexuality. In addition to denial of care, women in certain societies are sometimes forced into procedures, such as sterilisation, abortions or virginity examinations.
Human rights-based approaches
A human rights-based approach to health provides strategies and solutions to address and rectify inequalities, discriminatory practices and unjust power relations, which are often at the heart of inequitable health outcomes.
The goal of a human rights-based approach is that all health policies, strategies and programmes are designed with the objective of progressively improving the enjoyment of all people to the right to health. Interventions to reach this objective adhere to rigorous principles and standards, including:
Non-discrimination: The principle of non-discrimination seeks to guarantee that human rights are exercised without discrimination of any kind based on race, colour, sex, language, religion, political or other opinion, national or social origin, property, birth or other status such as disability, age, marital and family status, sexual orientation and gender identity, health status, place of residence, economic and social situation’.
Availability: A sufficient quantity of functioning public health and healthcare facilities, goods and services, as well as programmes.
Accessibility: Health facilities, goods and services accessible to everyone. Accessibility has four overlapping dimensions: Non-discrimination; physical accessibility; economical accessibility (affordability); and information accessibility.
Acceptability: All health facilities, goods and services must be respectful of medical ethics and culturally appropriate as well as sensitive to gender and life-cycle requirements.
Quality: Health facilities, goods and services must be scientifically and medically appropriate and of good quality.
Accountability: States and other duty-bearers are answerable for the observance of human rights.
Universality: Human rights are universal and inalienable. All people everywhere in the world are entitled to them.
Policies and programmes must be designed to be responsive to the needs of the population as a result of established accountability. A human rights based-approach identifies relationships in order to empower people to claim their rights and encourage policy makers and service providers to meet their obligations in creating more responsive health systems.
Federal and state ministries of health expected response
WHO has made a commitment to mainstream human rights into healthcare programmes and policies on both national and regional levels, by looking at underlying determinants of health as part of a comprehensive approach to health and human rights. In addition, WHO has been actively strengthening its role in providing technical, intellectual and political leadership on the right to health including the following, which Federal and state ministries of health can adapt:
The World Health Organisation (WHO) is the global policeman for health matters. It has a template for member-countries in healthcare delivery.
According to the WHO, the right to the highest attainable standard of health requires a set of social criteria that are conducive to the health of all people.
In addition, the availability of health services, safe working conditions, adequate housing and nutritious foods is non-negotiable. This is because achieving the right to health is closely related to that of other human rights- the right to food, housing, work, education, non-discrimination, access to information, and participation.
Nigerians do not enjoy optimum healthcare. Some do not even have access to.
Freedoms include the right to control one’s health and body (e.g. sexual and reproductive rights) and to be free from interference (e.g. freedom from torture and from non-consensual medical treatment and experimentation).
Entitlements include the right to a system of health protection that gives everyone an equal opportunity to enjoy the highest attainable level of health.
Health policies and programmes have the ability to either promote or violate human rights, including the right to health, depending on the way they are designed or implemented. Taking steps to respect and protect human rights upholds the health sector’s responsibility to address everyone’s health.
Disadvantaged populations and the right to health
According to WHO, vulnerable and marginalised groups in societies are often less likely to enjoy the right to health. Three of the world’s most fatal communicable diseases – malaria, HIV/AIDS and tuberculosis – disproportionately affect the world’s poorest populations, placing a tremendous burden on the economies of developing countries. Conversely the burden of non-communicable disease – most often perceived as affecting high-income countries is now increasing disproportionately among lower income countries and populations.
Within countries, some populations, such as indigenous communities are exposed to greater rates of ill-health and face significant obstacles to accessing quality and affordable healthcare. This population has substantially higher mortality and morbidity rates, due to non communicable diseases such as cancer, cardiovascular and chronic respiratory diseases, than the general public. People who are particularly vulnerable to HIV infection, including young women, men who have sex with men, and injecting drug users, are often characterised by social and economic disadvantage and discrimination. These vulnerable populations may be the subject of laws and policies that further compound this marginalisation and make it harder to access prevention and care services. Nigeria can do well by looking into this.
Violations of human rights
in the health sphere
Violations or lack of attention to human rights can have serious health consequences. Overt or implicit discrimination in the delivery of health services violates fundamental human rights.Many people with mental disorders are kept in mental institutions against their will, despite having the capacity to make decisions regarding their future. On the other hand, when there are shortages of hospital beds, it is often members of this population that are discharged prematurely, which can lead to high readmission rates and sometimes even death, and also constitutes a violation of their right to receive treatment.
Similarly, women are frequently denied access to sexual and reproductive healthcare and services in developing and developed countries. This is a human rights violation that is deeply engrained in societal values about women’s sexuality. In addition to denial of care, women in certain societies are sometimes forced into procedures, such as sterilisation, abortions or virginity examinations.
Human rights-based approaches
A human rights-based approach to health provides strategies and solutions to address and rectify inequalities, discriminatory practices and unjust power relations, which are often at the heart of inequitable health outcomes.
The goal of a human rights-based approach is that all health policies, strategies and programmes are designed with the objective of progressively improving the enjoyment of all people to the right to health. Interventions to reach this objective adhere to rigorous principles and standards, including:
Non-discrimination: The principle of non-discrimination seeks to guarantee that human rights are exercised without discrimination of any kind based on race, colour, sex, language, religion, political or other opinion, national or social origin, property, birth or other status such as disability, age, marital and family status, sexual orientation and gender identity, health status, place of residence, economic and social situation’.
Availability: A sufficient quantity of functioning public health and healthcare facilities, goods and services, as well as programmes.
Accessibility: Health facilities, goods and services accessible to everyone. Accessibility has four overlapping dimensions: Non-discrimination; physical accessibility; economical accessibility (affordability); and information accessibility.
Acceptability: All health facilities, goods and services must be respectful of medical ethics and culturally appropriate as well as sensitive to gender and life-cycle requirements.
Quality: Health facilities, goods and services must be scientifically and medically appropriate and of good quality.
Accountability: States and other duty-bearers are answerable for the observance of human rights.
Universality: Human rights are universal and inalienable. All people everywhere in the world are entitled to them.
Policies and programmes must be designed to be responsive to the needs of the population as a result of established accountability. A human rights based-approach identifies relationships in order to empower people to claim their rights and encourage policy makers and service providers to meet their obligations in creating more responsive health systems.
Federal and state ministries of health expected response
WHO has made a commitment to mainstream human rights into healthcare programmes and policies on both national and regional levels, by looking at underlying determinants of health as part of a comprehensive approach to health and human rights. In addition, WHO has been actively strengthening its role in providing technical, intellectual and political leadership on the right to health including the following, which Federal and state ministries of health can adapt:
- Strengthening the capacity of WHO and its Member-states to integrate a human rights-based approach to health;
- Advancing the right to health in international law and international development processes; and
- Advocating health-related human rights, including the right to health.
Will 2016 be a better year?
on
05:32:00
Polluxis eight times the radius of the sun. Even Pollux is dwarfed by Arctures, which is 26 times the size of the sun. Arctures is no push over. Vycanus major is 2000 times the size of the sun or two times the size of Arctures which is 1,000 times the size of the sun. What is thought to be the most massive star in the night sky is YR102KA. It is called poeony Nebulla star, 175 times mass of the sun.
According to many prophesies of old (read Tom Kay’s Whenthecometruns), a great star known as “Thegreatcomet”, will visit our earth, outshining the sun for several days, to anchor radiations of The finaljudgement. When the End-Time for our planet and its inhabitants arrives. Even the great seer, Nostradamus spoke of this star of stars.Spiritualists speak of seven Universes. That is not our concern today. This article is concerned about our own Universe. Scientists say it was formed about 13.7 billion years ago. Its radius is 13.7 light years. One light year is the distance light travels in one earth year. That is 300,000 kilometers/second [186,000miles/sec]. In one light year, light would travel 330,000 kilometers multiplied by number of seconds in one year =330,000 x 31,536,000 seconds. The size of the Universe is about 78 billion light years. According to one authority: “If you start travelling at 60 miles per hour or 100 kilometers per hour, you will get to the end of your first coffee stop, the end of one light year in nine trillion years. Then you just keep going for another 77,999,999 billion light years. This is stupendous. The Universe is growing bigger every day at the speed of about 71 kilometers per seconds. What our telescopes observes is the world of gross matter. Above it is the world of medium gross matter. Above that is the world of fine gross matter. Above that is the animistic world. Above this is the paradise of the human spirit with its several graduations. Isn’t man so diminutive from all these. Were the beings who hold the structure of the Universe together to slacken in their service, and one of the big stars is to fall upon the earth, what would happen.
These are wondrous event that should inform us that we are not the author of creation but mere creatures in it who should seek the Will of the Author and unconditionally fulfil it. What I have not said so far is that these lifeless material bodies are not carrying out there movements and services by themselves but are mere effects of the activities of animistic beings who merely animate matter. These beings stand in unconditional loyalty to the Will of the Creator who, granting the prayer of the human spirit for a world where they could unfold and grow permitted them to bring the World of Matter about. We are to emulate them if we want peace and happiness on earth. These beings are our teachers and guardians. Look at the ants and the honey bee. Do their lives not teach us something? Look at the human body. Every organ works dutifully for all, and all dutifully work for it. It is scenario of one for all and all for one. . The heart cannot digest food. The mouth, stomach and intestine do that dutifully. They give the heart food and the heart gives them blood. The lungs get food from the digestive system and blood from the heart. It gives them oxygen in return and expels their waste. The immune system depends on them and defends them all and enjoys their services. The nerves monitor the body and the environment and files their report to the brain which makes the necessary decisions and issues appropriate instruction. So whether 2016 will be a happier year than 2015 and other previous years will depend on whether humanity is prepared to recognise that man is not the author and owner of creation, discards his ego-driven will and adopt the principle of service.
Many people always say this change has to come from the top that is the government. I believe they are wrong, for it is when individuals change that society will change. We build a house from the foundation, not from the roof down.
If you listen to what house girls say of their madams, you will appreciate they do not render service but are forced, sometimes brutally, to work for their pay. Observe shop girls and boys, bricklayers and municipal commercial bus drivers. It is when there is fulsome change at the bottom that change will be demanded from the top. For it is from the ranks of the bottom that the ranks of the top are recruited. That is why, today, many people at the bottom do not see anything wrong with what is going on at the top in Nigeria today. They gleefully, unashamedly, tell you they would do the same if they had the opportunity to be at the top. You can already see a picture of 2016, like the previous years, unfolding!
Being in tune with creation enables us to recognise that we are
merely microscopic parts of a grand design, the authors of which we are
not. Humbly, then, we would seek to recognise the creators plan and
unconditionally fulfill it. We can see service everywhere in creation.
We should therefore, become service-oriented whether we find ourselves
at the top or bottom of society.
According to many prophesies of old (read Tom Kay’s Whenthecometruns), a great star known as “Thegreatcomet”, will visit our earth, outshining the sun for several days, to anchor radiations of The finaljudgement. When the End-Time for our planet and its inhabitants arrives. Even the great seer, Nostradamus spoke of this star of stars.Spiritualists speak of seven Universes. That is not our concern today. This article is concerned about our own Universe. Scientists say it was formed about 13.7 billion years ago. Its radius is 13.7 light years. One light year is the distance light travels in one earth year. That is 300,000 kilometers/second [186,000miles/sec]. In one light year, light would travel 330,000 kilometers multiplied by number of seconds in one year =330,000 x 31,536,000 seconds. The size of the Universe is about 78 billion light years. According to one authority: “If you start travelling at 60 miles per hour or 100 kilometers per hour, you will get to the end of your first coffee stop, the end of one light year in nine trillion years. Then you just keep going for another 77,999,999 billion light years. This is stupendous. The Universe is growing bigger every day at the speed of about 71 kilometers per seconds. What our telescopes observes is the world of gross matter. Above it is the world of medium gross matter. Above that is the world of fine gross matter. Above that is the animistic world. Above this is the paradise of the human spirit with its several graduations. Isn’t man so diminutive from all these. Were the beings who hold the structure of the Universe together to slacken in their service, and one of the big stars is to fall upon the earth, what would happen.
These are wondrous event that should inform us that we are not the author of creation but mere creatures in it who should seek the Will of the Author and unconditionally fulfil it. What I have not said so far is that these lifeless material bodies are not carrying out there movements and services by themselves but are mere effects of the activities of animistic beings who merely animate matter. These beings stand in unconditional loyalty to the Will of the Creator who, granting the prayer of the human spirit for a world where they could unfold and grow permitted them to bring the World of Matter about. We are to emulate them if we want peace and happiness on earth. These beings are our teachers and guardians. Look at the ants and the honey bee. Do their lives not teach us something? Look at the human body. Every organ works dutifully for all, and all dutifully work for it. It is scenario of one for all and all for one. . The heart cannot digest food. The mouth, stomach and intestine do that dutifully. They give the heart food and the heart gives them blood. The lungs get food from the digestive system and blood from the heart. It gives them oxygen in return and expels their waste. The immune system depends on them and defends them all and enjoys their services. The nerves monitor the body and the environment and files their report to the brain which makes the necessary decisions and issues appropriate instruction. So whether 2016 will be a happier year than 2015 and other previous years will depend on whether humanity is prepared to recognise that man is not the author and owner of creation, discards his ego-driven will and adopt the principle of service.
Many people always say this change has to come from the top that is the government. I believe they are wrong, for it is when individuals change that society will change. We build a house from the foundation, not from the roof down.
If you listen to what house girls say of their madams, you will appreciate they do not render service but are forced, sometimes brutally, to work for their pay. Observe shop girls and boys, bricklayers and municipal commercial bus drivers. It is when there is fulsome change at the bottom that change will be demanded from the top. For it is from the ranks of the bottom that the ranks of the top are recruited. That is why, today, many people at the bottom do not see anything wrong with what is going on at the top in Nigeria today. They gleefully, unashamedly, tell you they would do the same if they had the opportunity to be at the top. You can already see a picture of 2016, like the previous years, unfolding!
Pampers baby-dry aids growth, says paediatrician
on
05:29:00
•From left: Dr. Akinola, Tiwa Savage, Mrs Enekabor and Yousuf, during the event.
Getting
enough sleep is important to any baby for many reasons, such as
restoring energy, to building brain connections, Pampers Paediatrician
and Fellow, European Society of Paediatric Endocrinologists, Dr Ronke
Akinola, has said
She spoke at the unveiling of Pampers ‘#MomsKnowBest’ campaign in Lagos.
She said growth hormones are usually released throughout the day, but for kids the intense period of release is shortly after the beginning of deep sleep.
“Wet babies do not sleep soundly, especially for those on napkin clothes, fake or substandard diapers. Pampers Baby-Dry guarantees a dry night, even when wet because of the gel that absorbs the urine and this will ensure your baby sleeps for a longer period with the resultant effect of aiding babies’ development,” she said.
Akinola said the stretchy sides which expand and relax with the baby’s tummy prevent leakages and keeps the baby comfortable all night. I commended Procter & Gamble (P&G) for improving on its Pampers Baby-Dry Diaper. It would significantly aid the general well-being and development of babies.
Tiwa Savage, the popular R and B music star and face of the campaign,
attested to Pampers’ advantage at the event. She said the diaper keeps
her baby dry throughout the night and he wakes up full of strength.
She said: “When I was in the UK, I used Pampers for my baby and when we returned to Nigeria, I decided to try the Nigeria Pampers out of many other diapers available in the market. My experience was just as great as with the one I used in the UK. It keeps my baby dry throughout the night and he wakes up in the morning full of strength and I have come to trust it.”
Speaking on the “#MomsKnowBest” campaign, P&G’s Brand Marketing Director, Ehis Enekabor said the campaign is about encouraging moms to discuss what is best for their babies and share useful tips with one another , because the everyday decisions moms make about their babies, plays a role in their overall healthy development and the campaign also aims at encouraging moms to try out Pampers Baby-Dry diaper which has been improved to cater for superior dryness and protection.
“Moms always know what is best for their baby that is why we want them to try out our diaper. One Pampers diaper is guaranteed to keep your baby dry throughout the night,” she said.
She spoke at the unveiling of Pampers ‘#MomsKnowBest’ campaign in Lagos.
She said growth hormones are usually released throughout the day, but for kids the intense period of release is shortly after the beginning of deep sleep.
“Wet babies do not sleep soundly, especially for those on napkin clothes, fake or substandard diapers. Pampers Baby-Dry guarantees a dry night, even when wet because of the gel that absorbs the urine and this will ensure your baby sleeps for a longer period with the resultant effect of aiding babies’ development,” she said.
Akinola said the stretchy sides which expand and relax with the baby’s tummy prevent leakages and keeps the baby comfortable all night. I commended Procter & Gamble (P&G) for improving on its Pampers Baby-Dry Diaper. It would significantly aid the general well-being and development of babies.
She said: “When I was in the UK, I used Pampers for my baby and when we returned to Nigeria, I decided to try the Nigeria Pampers out of many other diapers available in the market. My experience was just as great as with the one I used in the UK. It keeps my baby dry throughout the night and he wakes up in the morning full of strength and I have come to trust it.”
Speaking on the “#MomsKnowBest” campaign, P&G’s Brand Marketing Director, Ehis Enekabor said the campaign is about encouraging moms to discuss what is best for their babies and share useful tips with one another , because the everyday decisions moms make about their babies, plays a role in their overall healthy development and the campaign also aims at encouraging moms to try out Pampers Baby-Dry diaper which has been improved to cater for superior dryness and protection.
“Moms always know what is best for their baby that is why we want them to try out our diaper. One Pampers diaper is guaranteed to keep your baby dry throughout the night,” she said.
CHAN: Eagles get $10,000 for defeating Niger
on
05:14:00
The Chairman of the League Management Company, Shehu Dikko, on Monday gave the Super Eagles $10,000 for defeating Niger Republic 4-1 in the ongoing African Nations Championship (CHAN) group C clash played on Monday.
Sports Minister, Solomon Dalung, Nigeria Football Federation (NFF) President, Amaju Pinnick and Dikko were among the spectators that watched the match at Stade Régional Nyamirambo, Kigali and the trio rejoiced after the final whistle, allnigeriasoccer.com reports.
The players also earned $2,000 each for the victory against Niger Republic, while coach Sunday Oliseh pocketed $4,000
Tastee Fried Chicken boss Adedayo immortalises deceased son
on
05:13:00
There
is no combination more perfect than the blend of a shrewd husband and
an industrious wife. Not only do they make a successful home, they are
capable of building a business empire and leaving a legacy that would be
remembered for long.
Adekunle Adedayo and his wife Olayinka are a blend that makes other couples to go green with envy. Some have suggested that they write a book on how to build the right relationship in marriage while others say their marital life is enough lesson for anyone that cares.
The owners of the famous fast food company, Tastee Fried Chicken, recently launched The Bunmi Adedayo Foundation, in honour of their late son. Held at the Muson Centre, Lagos, the event witnessed a gathering of eminent personalities who took turns to pay glowing tributes to their deceased son.
The foundation was conceived to continue to propagate Bunmi’s spirit of giving and sharing. He was said to have exhibited these traits through various charity programmes while he was the Executive Director of Tastee Fried Chicken.
Adekunle Adedayo and his wife Olayinka are a blend that makes other couples to go green with envy. Some have suggested that they write a book on how to build the right relationship in marriage while others say their marital life is enough lesson for anyone that cares.
The owners of the famous fast food company, Tastee Fried Chicken, recently launched The Bunmi Adedayo Foundation, in honour of their late son. Held at the Muson Centre, Lagos, the event witnessed a gathering of eminent personalities who took turns to pay glowing tributes to their deceased son.
The foundation was conceived to continue to propagate Bunmi’s spirit of giving and sharing. He was said to have exhibited these traits through various charity programmes while he was the Executive Director of Tastee Fried Chicken.
Ambode: Lagos crime rate drops by 65%
on
05:05:00
THE
crime rate in Lagos has dropped by 65 per cent, Governor Akinwunmi
Ambode said yesterday at the Second Town Hall Meeting where he rendered
his stewardship.
He told members of the audience at City Hall on Lagos Island that recent statistics indicated great improvement in security in the state.
He said his administration between last May and July invested massively to reenergise and reinvigorate the state security infrastructure and bring it to a level comparable to those in other modern cities.
“I am happy to report that our state is a lot safer today as statistics show that crime rate reduced by 65 per cent during the last quarter compared to Year 2014,” he said.
Other steps taking by government to tackle insecurity, he said, included the light up Lagos project where major and inner roads were being lit to keep criminals at bay.
Ambode said: “In the past few months, we have fixed street lights
from Berger in Ojodu to Lekki, Ikorodu to Lagos Island, the entire Ikeja
axis, Victoria Island and Ikoyi. We are taking this project to every
part of the state.
“If we are not yet in your neigbourhood, give us a little time; we will soon be there. As we light up the state, we expect crime to reduce as criminals will have nowhere to hide and operate.”
The governor appealed to individuals and corporate bodies to partner with government by adopting a street and lighting it up, adding that the government will grant such individual or organisation special concessions on Land Use Charge. They will also earn commendation from the state and local governments.
In the last quarter of 2015, he said the government donated 49 transformers to communities that had been in darkness for five years and restored electricity to 63 communities starting from Eleko to Ode-Omi in Ibeju Lekki Local Government.
“We also commissioned the 33kva Electrical Sub-Station in Gberigbe Community, Ikorodu. This is expected to improve electricity in that axis,” he said.
Government, Ambode said, also reconstructed and rehabilitated major and inner roads across the metropolis. Over 300 major roads, he said, had been rehabilitated, adding that 66 major roads are at various stages of completion. Grading and surface dressing of 80 roads will soon be completed in all councils, he said.
The governor listed some of the roads as Afa Nla, Agege, CIPM, Alausa, Ijegun-Ikotun, Mba Street, Ajegunle, 1st and 2nd Avenue, Festac Town, Afolabi Ege Street, Ojo Thompson, Ikoyi 2nd Avenue, Ikoyi, Queens Drive, Ikoyi, Ebute Ero, Lagos Island and Akin Adesola, Victoria Island.
Work, he said, had begun on the fly-overs planned for Ajah roundabout in the Central Senatorial Zone and Abule–Egba Junction in the West Senatorial Zone.
On transportation, he said the government introduced 434 brand new Bus Rapid Transit (BRT) buses and flagged off a direct BRT line from Ikorodu to CMS to ensure commuters’ comfort.
Work, the governor said, had also started on the Blue Line Rail Project that will run from Mile 2 to CMS, with seven bus stops, adding that the project is expected to be completed in December.
Commissioner of Police Fatai Owoseni said his command is sanitising the Lagos Island to restore law and order in the state.
Owoseni urged parents to monitor their children, lamenting that many of them are shirking their duty.
The commissioner said he had been frequent on Lagos Island to address the growing crime rate in the area, lamenting that most parents hardly pay attention to their children’s lifestyle.
He said suspected criminals will no longer enjoyed protection in the state because “it is a new dawn”.
According to him, hoodlums on the Lagos Island were in the habit of committing crimes and running into hiding in some houses because of the terrain. He said it was discovered that criminals hide guns and other weapons in abandoned vehicles accross the state.
The commissioner said once the suspected criminals ran inside, their parents would lock gates to enable them escape arrest.
He said: “I saw this thing myself yesterday (Monday), they would leave the gate open, these boys would run in there and by the time police get there, they would shut the gates.
“Even yesterday (Monday), they saw me as I was entering, just to go and talk to them about community partnership with the police, everybody shut their doors. They saw me coming. They don’t want to talk to me. This should not continue.
“Guns are kept in abandoned vehicles, if people are abandoning vehicles on the roads, in whose house’s front are they abandoning the vehicles? It is in these vehicles that they keep the guns. If somebody is abandoning his bus in front of your house, it is for you to tell him to take the bus away.
“What I want to appeal to you is that we should take interest in what our children do, where and where they go and who they associate with.”
He told members of the audience at City Hall on Lagos Island that recent statistics indicated great improvement in security in the state.
He said his administration between last May and July invested massively to reenergise and reinvigorate the state security infrastructure and bring it to a level comparable to those in other modern cities.
“I am happy to report that our state is a lot safer today as statistics show that crime rate reduced by 65 per cent during the last quarter compared to Year 2014,” he said.
Other steps taking by government to tackle insecurity, he said, included the light up Lagos project where major and inner roads were being lit to keep criminals at bay.
“If we are not yet in your neigbourhood, give us a little time; we will soon be there. As we light up the state, we expect crime to reduce as criminals will have nowhere to hide and operate.”
The governor appealed to individuals and corporate bodies to partner with government by adopting a street and lighting it up, adding that the government will grant such individual or organisation special concessions on Land Use Charge. They will also earn commendation from the state and local governments.
In the last quarter of 2015, he said the government donated 49 transformers to communities that had been in darkness for five years and restored electricity to 63 communities starting from Eleko to Ode-Omi in Ibeju Lekki Local Government.
“We also commissioned the 33kva Electrical Sub-Station in Gberigbe Community, Ikorodu. This is expected to improve electricity in that axis,” he said.
Government, Ambode said, also reconstructed and rehabilitated major and inner roads across the metropolis. Over 300 major roads, he said, had been rehabilitated, adding that 66 major roads are at various stages of completion. Grading and surface dressing of 80 roads will soon be completed in all councils, he said.
The governor listed some of the roads as Afa Nla, Agege, CIPM, Alausa, Ijegun-Ikotun, Mba Street, Ajegunle, 1st and 2nd Avenue, Festac Town, Afolabi Ege Street, Ojo Thompson, Ikoyi 2nd Avenue, Ikoyi, Queens Drive, Ikoyi, Ebute Ero, Lagos Island and Akin Adesola, Victoria Island.
Work, he said, had begun on the fly-overs planned for Ajah roundabout in the Central Senatorial Zone and Abule–Egba Junction in the West Senatorial Zone.
On transportation, he said the government introduced 434 brand new Bus Rapid Transit (BRT) buses and flagged off a direct BRT line from Ikorodu to CMS to ensure commuters’ comfort.
Work, the governor said, had also started on the Blue Line Rail Project that will run from Mile 2 to CMS, with seven bus stops, adding that the project is expected to be completed in December.
Commissioner of Police Fatai Owoseni said his command is sanitising the Lagos Island to restore law and order in the state.
Owoseni urged parents to monitor their children, lamenting that many of them are shirking their duty.
The commissioner said he had been frequent on Lagos Island to address the growing crime rate in the area, lamenting that most parents hardly pay attention to their children’s lifestyle.
He said suspected criminals will no longer enjoyed protection in the state because “it is a new dawn”.
According to him, hoodlums on the Lagos Island were in the habit of committing crimes and running into hiding in some houses because of the terrain. He said it was discovered that criminals hide guns and other weapons in abandoned vehicles accross the state.
The commissioner said once the suspected criminals ran inside, their parents would lock gates to enable them escape arrest.
He said: “I saw this thing myself yesterday (Monday), they would leave the gate open, these boys would run in there and by the time police get there, they would shut the gates.
“Even yesterday (Monday), they saw me as I was entering, just to go and talk to them about community partnership with the police, everybody shut their doors. They saw me coming. They don’t want to talk to me. This should not continue.
“Guns are kept in abandoned vehicles, if people are abandoning vehicles on the roads, in whose house’s front are they abandoning the vehicles? It is in these vehicles that they keep the guns. If somebody is abandoning his bus in front of your house, it is for you to tell him to take the bus away.
“What I want to appeal to you is that we should take interest in what our children do, where and where they go and who they associate with.”
Tuesday, 12 January 2016
No more CBN forex for BDCs
on
01:50:00
Godwin Emefiele
Bureaue
de Change (BDC) operators got yesterday a piece of bad news – the
Central Bank of Nigeria (CBN) will no longer sell to them foreign
exchange.
They are to source their foreign exchange from autonomous sources.
Addressing journalists on the development in Abuja, CBN Governor Godwin Emefiele said BDCs “must, however, note that the CBN would deploy more resources to monitoring these sources to ensure that no operator is in violation of our anti-money laundering laws”.
The CBN also reversed its decision on the deposit of foreign currency in commercial banks, announcing that it will henceforth “permit commercial banks in the country to begin accepting cash deposits of foreign exchange from their customers”. Both decisions are to take effect immediately.
These measures, the CBN governor said “are not intended to be punitive on anyone or any group; rather, it is meant to ensure that the CBN is better able to carry out its mandate in an effective and efficient manner, which guarantees preservation of our scarce commonwealth, and that our hard-earned financial system stability remain intact to the benefit of all Nigerians.”
The apex bank took these decisions because of what Emefiele described
as “total disregard of the difficulties that the CBN is facing in
meeting its mandate of maintaining the country’s foreign exchange
reserves to safeguard the value of the Naira”.
Emefiele lamented that the CBN has “continued to observe that stakeholders in some of the subsectors have not been helpful in this direction. In particular, we have noted with grave concern that Bureau de Change (BDC) operators have abandoned the original objective of their establishment, which was to serve retail end users who need US$5,000 or less. Instead, they have become wholesale dealers in foreign exchange to the tune of millions of dollars per transaction. Thereafter, they use fake documentations, like passport numbers, BVNs, boarding passes, and flight tickets, to render weekly returns to the CBN.”
Emefiele noted that “despite the fact that Nigeria is the only country in the world where the Central Bank sells dollars directly to BDCs, operators in this segment have not reciprocated the bank’s gesture to help maintain stability in the market.”
According to him, “whereas the CBN has continued to sell US Dollars at about N197 per dollar to these operators, they have in turn become greedy in their sales to ordinary Nigerians, with selling rates of as high as N250 per dollar”.
Given this rent-seeking behaviour, Emefiele said, “it is not surprising that since the CBN began to sell foreign exchange to BDCs, the number of operators have risen from a mere 74 in 2005 to 2,786 BDCs today. In addition, the CBN receives close to 150 new applications for BDC licences every month, indicating that some individuals have identified a lucrative business venture that had become a threat to the Naira”.
Rather than help the CBN to achieve its objectives for which they (BDCs) were licensed, Emefiele said, “the Bank has noted the following unintended outcomes: Avalanche of rent-seeking operators only interested in widening margins and profits from the foreign exchange market, regardless of prevailing official and interbank rates; Potential financing of unauthorised transactions with foreign exchange procured from the CBN; Gradual dollarisation of the Nigerian economy, with attendant adverse consequences on the conduct of monetary policy and subtle subversion of cashless policy initiative; and Prevailing ownership of several BDCs by the same promoters in order to illegally buy foreign currencies multiple times from the CBN.
More disturbing to the CBN is the financial burden being placed on the Bank and the country’s limited foreign exchange.
The CBN, Emefiele said, “sells US$60,000 to each BDC per week.” “This amount translates to US$167 million per week, and about US$8.6 billion per year. In order to curtail this reserve depletion, we have reduced the amount of weekly sales to US$10,000 per BDC, which translates into US$28.4 million depletion of the foreign reserve per week and US$1.476 billion per annum.”
This, he stressed, “is a huge hemorrhage on our scarce foreign exchange reserves and cannot continue, especially because we are also concerned that BDCs have become a conduit for illicit trade and financial flows.”
Asked why it has proven difficult or impossible to prosecute erring BDCs, Emefiele said the CBN would now look at that possibility but added that “there are many things that the CBN is mandated to do, we would have lived a situation what people should do is obey and work within extant rules and regulations within which they are supposed to operate and do what is right, but if they begin to do what is wrong, in this case, it becomes a problem”.
Emefiele also said it was almost impossible for the Bank to monitor over 2700 BDCs with its limited number of examiners. “It is almost practically impossible,” he said, adding that “because of inadequate foreign exchange the BDCs have to source their foreign exchange autonomously. We do not have the resources to cope with over 2,000 BDCs in the country right now”.
BDCs not happy with this decision, the CBN said, “are free to return their licences and get a refund of the N35 million cautionary fees.” “Besides, we need more people go into other forms businesses like agriculture where we believe there is a lot of scope at this time,” Emefiele said.
On the reversal of its decision to have commercial banks accept foreign currency deposits again, the CBN governor said the banks “stopped deposit of foreign exchange then because we thought Nigerians were fast approaching dollarisation of the economy because a lot of people were speculating, and there was a lot of speculative attack on the currency”.
The CBN, he added, “saw a situation where people were going into their accounts, took their naira out of their accounts to buy dollars and indeed some were going to their banks to borrow money to buy dollar and stack those dollars in their accounts and, of course, it got to a point where the banks’ vaults were full and the banks wanted us to collect the cash and give them electronic dollar which we said we will not do and so what we had to do at that time was to plug the torrents of flow of the dollar, that has been achieved and at this point, we are beginning to think of opening the tap a little and let’s begin to see whether there will be proper orderly behaviour by operators as well as people in the market.”
“We believe that there are some people who would love to have the opportunity of depositing their foreign currency cash in their banks rather than in their houses, that is why we decided to open that tap again”, the governor said.
The immediate impact of the decision to stop selling foreign exchange to the BDCs, Emefiele explained, “it is the dollars that the CBN is giving the BDCs that is being round tripped to the banks; that is the reason why we said at this time because of limited resources we would not be able to fund the BDCs, they will believe there is always autonomous market and, indeed, in every part of the world there is the autonomous market. We believe that the autonomous market should be allowed to flourish and let’s see how it goes with the CBN out of that market.”
They are to source their foreign exchange from autonomous sources.
Addressing journalists on the development in Abuja, CBN Governor Godwin Emefiele said BDCs “must, however, note that the CBN would deploy more resources to monitoring these sources to ensure that no operator is in violation of our anti-money laundering laws”.
The CBN also reversed its decision on the deposit of foreign currency in commercial banks, announcing that it will henceforth “permit commercial banks in the country to begin accepting cash deposits of foreign exchange from their customers”. Both decisions are to take effect immediately.
These measures, the CBN governor said “are not intended to be punitive on anyone or any group; rather, it is meant to ensure that the CBN is better able to carry out its mandate in an effective and efficient manner, which guarantees preservation of our scarce commonwealth, and that our hard-earned financial system stability remain intact to the benefit of all Nigerians.”
Emefiele lamented that the CBN has “continued to observe that stakeholders in some of the subsectors have not been helpful in this direction. In particular, we have noted with grave concern that Bureau de Change (BDC) operators have abandoned the original objective of their establishment, which was to serve retail end users who need US$5,000 or less. Instead, they have become wholesale dealers in foreign exchange to the tune of millions of dollars per transaction. Thereafter, they use fake documentations, like passport numbers, BVNs, boarding passes, and flight tickets, to render weekly returns to the CBN.”
Emefiele noted that “despite the fact that Nigeria is the only country in the world where the Central Bank sells dollars directly to BDCs, operators in this segment have not reciprocated the bank’s gesture to help maintain stability in the market.”
According to him, “whereas the CBN has continued to sell US Dollars at about N197 per dollar to these operators, they have in turn become greedy in their sales to ordinary Nigerians, with selling rates of as high as N250 per dollar”.
Given this rent-seeking behaviour, Emefiele said, “it is not surprising that since the CBN began to sell foreign exchange to BDCs, the number of operators have risen from a mere 74 in 2005 to 2,786 BDCs today. In addition, the CBN receives close to 150 new applications for BDC licences every month, indicating that some individuals have identified a lucrative business venture that had become a threat to the Naira”.
Rather than help the CBN to achieve its objectives for which they (BDCs) were licensed, Emefiele said, “the Bank has noted the following unintended outcomes: Avalanche of rent-seeking operators only interested in widening margins and profits from the foreign exchange market, regardless of prevailing official and interbank rates; Potential financing of unauthorised transactions with foreign exchange procured from the CBN; Gradual dollarisation of the Nigerian economy, with attendant adverse consequences on the conduct of monetary policy and subtle subversion of cashless policy initiative; and Prevailing ownership of several BDCs by the same promoters in order to illegally buy foreign currencies multiple times from the CBN.
More disturbing to the CBN is the financial burden being placed on the Bank and the country’s limited foreign exchange.
The CBN, Emefiele said, “sells US$60,000 to each BDC per week.” “This amount translates to US$167 million per week, and about US$8.6 billion per year. In order to curtail this reserve depletion, we have reduced the amount of weekly sales to US$10,000 per BDC, which translates into US$28.4 million depletion of the foreign reserve per week and US$1.476 billion per annum.”
This, he stressed, “is a huge hemorrhage on our scarce foreign exchange reserves and cannot continue, especially because we are also concerned that BDCs have become a conduit for illicit trade and financial flows.”
Asked why it has proven difficult or impossible to prosecute erring BDCs, Emefiele said the CBN would now look at that possibility but added that “there are many things that the CBN is mandated to do, we would have lived a situation what people should do is obey and work within extant rules and regulations within which they are supposed to operate and do what is right, but if they begin to do what is wrong, in this case, it becomes a problem”.
Emefiele also said it was almost impossible for the Bank to monitor over 2700 BDCs with its limited number of examiners. “It is almost practically impossible,” he said, adding that “because of inadequate foreign exchange the BDCs have to source their foreign exchange autonomously. We do not have the resources to cope with over 2,000 BDCs in the country right now”.
BDCs not happy with this decision, the CBN said, “are free to return their licences and get a refund of the N35 million cautionary fees.” “Besides, we need more people go into other forms businesses like agriculture where we believe there is a lot of scope at this time,” Emefiele said.
On the reversal of its decision to have commercial banks accept foreign currency deposits again, the CBN governor said the banks “stopped deposit of foreign exchange then because we thought Nigerians were fast approaching dollarisation of the economy because a lot of people were speculating, and there was a lot of speculative attack on the currency”.
The CBN, he added, “saw a situation where people were going into their accounts, took their naira out of their accounts to buy dollars and indeed some were going to their banks to borrow money to buy dollar and stack those dollars in their accounts and, of course, it got to a point where the banks’ vaults were full and the banks wanted us to collect the cash and give them electronic dollar which we said we will not do and so what we had to do at that time was to plug the torrents of flow of the dollar, that has been achieved and at this point, we are beginning to think of opening the tap a little and let’s begin to see whether there will be proper orderly behaviour by operators as well as people in the market.”
“We believe that there are some people who would love to have the opportunity of depositing their foreign currency cash in their banks rather than in their houses, that is why we decided to open that tap again”, the governor said.
The immediate impact of the decision to stop selling foreign exchange to the BDCs, Emefiele explained, “it is the dollars that the CBN is giving the BDCs that is being round tripped to the banks; that is the reason why we said at this time because of limited resources we would not be able to fund the BDCs, they will believe there is always autonomous market and, indeed, in every part of the world there is the autonomous market. We believe that the autonomous market should be allowed to flourish and let’s see how it goes with the CBN out of that market.”
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