Archive for nigeriang

‘Nigeria has the highest number children of out of school’

‘Nigeria has the highest number children of out of school’

In ranking Nigeria
amongst the worst place for a child to be in 2010, a report by the
Global Campaign for Education (GCE) has stated that Nigeria has more
children out of education than any other country in the world.

The report claims
that an astounding 8.2 million children are not provided with adequate
education in Africa’s most populous country. Comparing the nation’s
wealth with the apparent low standard of education, the report claims
that “the report is made all the more appalling by the fact that
Nigeria is far from poor, by African standards. On paper at least it is
among the continent’s richest countries, the world’s sixth largest
producer of crude oil. But decades of failure to invest in education
have left the basic school system hardly functioning, especially in the
country’s impoverished north.”

For Primary
education, the report claims many students drop out of the school in
their first year of education due to ‘unequal provision of education’
and this it argued, is caused by the lack of political will to address
and arrest the issue. “A lack of political will is a major factor in
the country having the highest number of children out of school in the
world. Gross inequality in the provision of education has led to 8.2
million children out of primary school with many more dropping out
within the first year.”

Poor attendance, imbalanced education

The report
particularly criticised the northern region of the country for an
abysmal amount of children denied good education. “Over half of these
children are in the north of the country, with girls suffering the most
with many receiving just six months of education in their lives. In the
largely Muslim north of Nigeria……….attendance rates are below 50%
at primary school and of those only one in every three pupils is female
(nationwide, the proportion is five boys to four girls)” it noted.

The GCE report is
coming just as the National Education Council of Nigeria (NECO) on
Monday released the 2010 results and over 79% of the students that sat
for the examination failed in English language; the nation’s official
language.

While over 80% of the students failed the entire exam last year.

Nigeria was however
not listed in the list of the bottom 10 countries that are worst for a
child. The countries which are predominantly African nations include
Somalia, Eritrea, Comoros, Ethiopia, Chad, Burkina Faso, Central
African Republic, Mozambique, Zimbabwe, Liberia and Haiti. Tanzania and
Mozambique were however commended for halving the number of children
out of school, while Rwanda is said to have made strong efforts to
ensure that there are enough professionally trained teachers.

The report noted
that delivering education for all is highly achievable and brings other
poverty dividends such as reducing HIV deaths by seven million and
doubling child survival by 50% if mothers are educated.

The President of
the Global Campaign for Education Kailash Satyarthi in a statement to
political leaders warned “if scientists can genetically modify food and
NASA can send missions to Mars, politicians must be able to find the
resources to get millions of children into school and change the
prospects of a generation of children.”

GCE called on
leaders meeting at the United Nations in New York this week, to make
funding for education a priority in order to meet the target of
universal access to basic schooling by 2015.

It argues that
“poor countries should spend 20% of their national budget on education,
abolishing school fees and be supported to hire an additional 1.9
million teachers so that every child can have access to education.” It
called on rich countries to “direct their aid budgets at the poorest
countries or where inequalities of education are most extreme, rather
using their aid budgets to underwrite the University systems.

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Southern and northern governors meet over presidential ticket

Southern and northern governors meet over presidential ticket

The
governors of the states in the southern part of the country, elected on
the platform of the Peoples’ Democratic Party (PDP), are still in
negotiation talks with their counterparts in the north on the party’s
presidential ticket in the 2011 election.

The Delta State
governor, Emmanuel Uduaghan, disclosed this in Abuja yesterday, shortly
after he submitted his Expression of Interest and nomination forms at
the party’s national secretariat.

Mr. Uduaghan also
dismissed the clamour by some members of the PDP in Delta State for the
dissolution of the executive committee of the state chapter of the
party.

Apparently
referring to the non-committal stance of some governors when they spoke
at the formal declaration of President Goodluck Jonathan for the
presidential race last Saturday, the governor said the southern
governors are still exploring the avenue to ensure that the president’s
candidature is acceptable to everybody.

Mr. Uduaghan said politics is all about negotiation, adding that what the southern governors are doing is not new.

“I have always said
this whole thing is about negotiation. Politics is about negotiation,
and I believe we should all go into negotiation. We are negotiating
with our colleagues in the North,” he stated.

Apart from the Delta Stategovernor, others who appeared at the
party’s national secretariat to either pick or submit their forms
include Theodore Orji (Abia State); Dambaba Suntai (Taraba State);
Saidu Dakingari of Kebbi State; and Jonathan Zwingina, who is gunning
for the Adamawa State governorship seat.

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Soludo’s criticism of economy alarmist, says Sanusi

Soludo’s criticism of economy alarmist, says Sanusi

The Central Bank of Nigeria (CBN) Governor, Sanusi
Lamido Sanusi, yesterday reacted to recent criticisms credited to his
predecessor, Chukwuma Soludo, on the management of the nation’s
economic policies, describing it as “alarmist.”

Mr Sanusi, who was briefing reporters on the
resolutions by the Monetary Policy Committee (MPC) meeting yesterday in
Abuja, said Mr Soludo could not have been right to declare that the
country’s economy was facing imminent collapse, considering the damning
situation the global economy is currently going through.

“I wish he (Soludo) was specific on some of those
things he thinks we should do to save the economy from the crisis or
collapse he is talking about, and give recommendations,” Mr Sanusi
said, adding, “I think some of those remarks were alarmist and did not
take full cognizance of the situation we are in today.”

Failing short of tracing the root of the present
crisis in the economy to Mr Soludo’s administration, the CBN Governor
explained, “We are in the middle of global economic crisis (where our
country’s) banking system has lost 66 per cent of its capital. The
reality is that if we had intervened in 2007 or 2008, when the warning
signals were becoming clear that the banking system was heading towards
a point of crisis, due to the opaque situation in the capital market,
we would not be dealing with the kind of crisis we are facing at this
moment.

“Once it became clear that the banks had lost
capital, because of margin loans and exposure to petroleum products
importation and very weak regulation and supervision, it was clear that
the banks cannot continue to lend at the rate they were used to,” Mr
Sanusi said.

“For that reason, I supported the decision of the
National Economic Council that government should draw down on the
Excess Crude Account in order to augment government payments. And if
credit is not flowing into the economy and government is not lending,
we will have a full blown recession.

“Excess Crude Account was saving for a rainy day. And
when price of crude oil crashed from $147 per barrel to $40, and output
crashed from 2.3million barrels a day to less than one million barrels
per day, it is not just raining, it pouring.

“One needed to have counter-fiscal condition. The Excess crude Account was used to fund that counter-fiscality.”

Playing politics

Mr Sanusi said Mr Soludo himself pursued
counter-fiscal monetary policy measures and reduced the liquidity ratio
from 40 to 25 per cent, and cash reserve requirement from 42 per cent.

“These were appropriate quality responses in the time
of crisis,” he said. “For me, the decision of government to implement
financial sector reforms was long overdue. The announcement that
petroleum products distribution should be deregulated over time is also
a very good decision that should be implemented.

“The focus of the Minister of Finance on employment
generation and industrial development policy are long overdue and
should be encouraged. The reforms in the capital market are good. We
are not exactly there yet, but in terms of taking the right steps, I
think the government has done all that is necessary to do.”

Mr Sanusi said some of the comments credited to Mr Soludo might be political.

“Soludo had contested an election some time ago, and
as a member of the Peoples Democratic Party (PDP), one does not know
how much his statement is economics and how much of it is politics. But
I am responding to the economic aspect of the discussion and not
involved in the internal PDP family political affair,” he said

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My favourite Android apps

My favourite Android apps

Android is a mobile operating system developed by Google and is based on Linux, which in my opinion, is the very best operating system out there in the wild, but then, that is a topic for another discussion.

What is without doubt is that in the last two years, Android’s share of the worldwide smartphone market has been inexorably climbing. As of Q2 2009, Android had a 2.8% share of the market. As of Q2 2010, this share had climbed to 13%. It has even done better in the key US market, whereas as of Q1 2010, Android is now second only to RIM’s Blackberry. Europe is following as well, and based on the number of Android phones I am beginning to see in Nigeria, it is just a matter of time before Nigeria will be in the race too.

One of the main advantages that Android has, which has helped in its uptake, is that unlike RIM’s Blackberry OS, and Apple’s IOS as examples, Android is multiplatform and is free. This means that more phone manufacturers are using it as their OS of choice on their phones.

One of the killer features of ALL smartphones is the applications that can be installed on these phones. In this area, Apple’s iPhone platform is the clear leader, but again, as in most things Google gets involved in, there is a quick catch up going on. Since Google began to allow third party apps for the Android platform, and with the growing number of Android based handsets, more and more third party applications have begun to appear for Android, and as at 15 July 2010, there were over 70000 applications available with more than a billion downloads.

Now, given this large number of applications, which would be most useful for the average user? My top five are briefly reviewed below:

First stop for me is Battery Booster. Given that NEPA is still a problem in this environment, Battery Booster helps increase the juice in your Android phone by providing a quick widget from which you can control some of your more battery intensive functions such as wi-fi. It also tells you just how much battery life you have left, so you know if you can take that phone call from your bothersome co-tenant.

What did people use to do before the coming of the Internet? Frankly, I find it difficult to remember, and do not really have the will to do so since I spend an undue amount of my time online. With the advent of data plans, one is online all the time on his phone. However, not everyone has the patience to browse on the relatively small screens offered by phones. This is where PdaNet comes in. With PdaNet, it is easy to connect your laptop to the Internet using your phone the moment you can get service. This works especially well with MTN’s 3GB 30 day plan.

Some people like me hate touch screen keyboards. I have always preferred to have that QWERTY feel under my thumb, but unfortunately, manufacturers think differently, and given current trends, the keyboard on phones would soon be a thing of the past. Swype is a software that makes typing on a touchscreen easier. Swype allows the user to enter a word by sliding your finger (or stylus) from letter to letter, lifting only between words. By the time you get used to it, you will almost stop missing that keyboard.

A programme that I really don’t want to mention, but one that I live on, is Facebook. Yes, people, my name is Cheta and I am a Facebook junkie. Many Nigerians are increasingly spending their time on Facebook, including our President, so why should I be ashamed of being an addict? Android’s Facebook app allows you to interact with your Facebook page quite easily. The only thing you will miss are those applications like Mafia Wars. Just try as much as possible not to use this app when you are at dinner with the better half; you might find yourself in the doghouse sooner rather than later.

Then there is my girl’s favourite, Aldiko. She reads books a lot, and this one is her top preference. It is an e-book reader, which supports the industry standard EPUB format, and also includes a facility for browsing online catalogues and downloading books. Aldiko also allows you to import your own books into your Android device and read them on the go. I am currently reading ‘Things Fall Apart’ and really enjoying it. Can someone hook me up with ‘The Passport of Mallam Ilia’?

Other programmess that I find particularly useful are Office Suite Pro, which allows me read my Microsoft documents and PDFs on my Android phone; Google Maps, which let me find my way around strange places. It is actually getting better in Nigeria, Lagos, Port Harcourt, and Abuja as they are quite well mapped. Photoshop Mobile does an excellent job of editing pictures that you have taken on the move before sharing them with friends. Shazam (thanks, Peter Ikenebomeh) is an excellent programme that identifies songs when you hear them. I was pleasantly surprised when it correctly identified Bongos Ikwue’s ‘Cock Crow at Dawn’.

Note that this list is not even nearly exhaustive. There are a lot of other great apps for you to chose from. So tell me, what Android apps make your life easier?

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Nigeria pledges continued support to global peace

Nigeria pledges continued support to global peace

Nigeria has pledged continued support to global peace and security as the country celebrates 50 years of independence, the News Agency of Nigeria (NAN) reports on Sunday in London.

Minister of Foreign Affairs, Mr. Odein Ajumogobia, stated this at a reception in honour of Nigeria at 50, organised by the Royal Commonwealth Society.

Ajumogobia said that Nigeria’s focus on regional peace remained its major foreign policy, while recalling the various contributions to peace-keeping and stability in the West African sub-region and globally, adding that at 50, Nigeria has a lot to celebrate, in spite of developmental and economic challenges.

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Nigeria central bank may keep key rate at 6 percent

Nigeria central bank may keep key rate at 6 percent

Nigeria’s Central Bank is likely to keep its benchmark interest rate unchanged at 6 percent on Tuesday, as the need to stimulate growth outweighs inflation risks in sub-Saharan Africa’s No. 2 economy.

However, the decision is tougher to call than previous meetings because of a decision in August to revise monthly inflation figures upwards to reflect changes in standard of living assumptions, analysts said.

“We think it is going to be a close call this time around between a pause and rate hike,” Citibank said in a research note.

“We look for an unchanged policy rate based on the bank’s current quantitative easing programme.”

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Nigeria’s index plumbs new 6-month low

Nigeria’s index plumbs new 6-month low

Nigeria’s all-share index falls to a new 6-month low, declining 0.50 percent to 22,879.33 points on Monday, as it continues to erode its year-to-date gains.

The index was up 25 percent on the start of the year in early August, placing it among the best-performing frontier markets, but has since been on a steady decline, partly amid concern about the pace of bank reforms.

Year-to-date, sub-Saharan Africa’s second biggest market is up 9.85 percent.

The market closed flat after a relatively volatile session, where the index hit a peak of 0.19 percent and a low of -0.22 percent. Market turnover fell 25 percent as investors were cautious in taking positions.

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Angola oil exports to fall in November

Angola oil exports to fall in November

Angola is set to export around 1.68 million barrels per day (bpd) of crude oil in November, down from about 1.75 million bpd in October, trade sources said on Monday.

Provisional loading programmes from state oil company, Sonangol, showed 51 cargoes of crude oil scheduled to load in November with a daily average of 1.63 million bpd.

In addition to these cargoes, two parcels of Palanca crude will also load, adding another 50,000 bpd to the total scheduled exports.

If the export estimates for November are correct, Angola’s exports will be above its target set by the Organization of the Petroleum Exporting Countries.

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Oil boosts Congo Republic growth

Oil boosts Congo Republic growth

Congo Republic is on track to be Africa’s fastest growing economy this year, but should control its investment spending, in part because key oil revenues are consistently coming in below expectations, the International Monetary Fund said.

The IMF trimmed Congo’s 2010 growth forecast to 10.6 percent from 12.1 percent and boosted its 2011 growth forecast to 8.7 percent from 6.6 percent, as increases in oil production have taken longer than anticipated.

“Developments in the international markets have been overall favourable for oil exporters like Republic of Congo,” the IMF’s resident representative, Oscar Melhado, told Reuters in an interview.

“However, oil revenues received are systematically lower than projected. This is an issue of concern,” he said.

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Kenya central bank bemoans lack of insurance awareness

Kenya central bank bemoans lack of insurance awareness

The governor of Kenya’s central bank said on Monday that a lack of awareness was hampering growth of the insurance industry in East Africa’s largest economy, where only 7 percent of its 39 million people are insured.

At a meeting attended by several insurance firms, Njuguna Ndung’u asked industry executives to find new solutions to help widen the sector’s consumer base.

“A major challenge facing the Kenyan financial sector in general and the insurance industry in particular is the lack of awareness by the target market,” he said.

A third of the country’s population has no access to any form of banking.

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