Archive for nigeriang

Council blames banks for slow disbursement of agric loan

Council blames banks for slow disbursement of agric loan

The
National Economic Council (NEC) has blamed banks in the country for the
inability of the Federal Government to disburse the N200 billion
agricultural credit loans for small and medium scale farmers in the
country.

The N200 billion
loan facility was approved in 2009 by the late Umaru Yar’Adua to help
small and medium scale farmers improve agricultural production and
guarantee food security in the country.

In his address to
journalists after the monthly NEC meeting at the Presidential Villa,
Abuja, Rotimi Amaechi, the governor of Rivers State, who was joined by
the governor of Adamawa State, Murtala Nyako, and the Special Adviser
to the President on Millenium Developemnt goals, Amina Zubair, said out
of the N200 billion, only N70 billion has so far been disbursed.

Mr Amaechi said,
despite efforts made by the states to access the agricultural credit
facilities, the banks holding the funds have made it impossible for the
farmers to get the loan.

“N70 billion has
been disbursed, remaining N130 billion. A lot of the problems are
emanating from the banks, as most states that are being given their
ISPO are not able to access it for one reason or the other and that is
why a committee has been set up to look at what the problems are and
how to find a solution to ensure that forthwith we are moving forward
to achieve the objective of food security,” he said.

Easy disbursement

The committee will
be chaired by the Central Bank governor, Lamido Sanusi, with six state
governors, ministers of finance and agriculture as members and they
have also been mandated to work out the modalities for the easy
disbursement of the credit facility to the respective beneficiaries.

Mr Nyako said the
council also discussed the issue of who is entitled to hold official
and diplomatic passports, and directed the minister of foreign affairs
to conduct proper research to determine this.

“We also had a
presentation on the issue of the passport public officers will hold and
the category of persons that could hold them, the diplomatic status and
the official passport. After the presentation, we felt there was a need
for further studies. So we asked the minister to go back and do proper
research and work with the minister for foreign affairs and do a fresh
joint presentation at the next meeting,” he said.

He also disclosed that governors have been challenged to sell the
vision 2020 programme to all Nigerians and the international community,
with a view to educating them properly on the programme.

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Government to build new power SuperGrid

Government to build new power SuperGrid

Goodluck Jonathan yesterday gave the go-ahead for the
construction of a new National SuperGrid that will address most of the
country’s current power transmission problems.

He took the decision after receiving projections of
an increase of power to 6939 MW by April 2011 and 14019 MW by December
2013, submitted by the Presidential Task Force on Power.

The president’s spokesperson, Ima Niboro, said the
new 700 KV SuperGrid, which will be completed in four years at a
projected cost of $3.5billion, is expected fulfil Nigeria’s need to
transmit increasing amounts of power across vast distances which the
existing 330/132KV grid cannot meet.

“In granting approval for the SuperGrid at the weekly
meeting of the Presidential Action Committee on Power which he chairs,
Mr Jonathan directed that it should be funded as a federal asset, with
additional financing from private investors and international finance
and development agencies,” Mr Niboro said.

The SuperGrid, which will run along the same route as
the existing 330/132KV grid, will also address Nigeria’s future energy
challenges, including transition to more sustainable energy sources,
reduction of power loss per transmitted megawatt and improving power
voltage profiles across the country.

“The huge advantage of the 700 KV SuperGrid over the
existing 330/132 KV grid is that it will significantly reduce the huge
amount of power currently lost in transmission,” Mr Niboro said.

New roadmap

Mr Niboro’s statement further explained that without
the SuperGrid, the quantum of power lost in transmission will continue
to increase, as more power progressively becomes available for
evacuation from new and rehabilitated generating stations. Periodic
systemic failures will also become more frequent.

“According to current projections by the Presidential
Task Force on Power, Nigeria’s available generation capacity will rise
to 6939 MW by April next year and 14019 MW by December 2013,” he said.

In another development, Mr Jonathan will on Thursday,
August 26, 2010, present a new roadmap for the reformation of Nigeria’s
power sector to the private sector, at an event organised by the
Nigerian Economic Study Group in Lagos.

He is also expected to seize the opportunity of the event to
acquaint members of the private sector with fresh investment
opportunities inherent in the power sector reform programme and invite
greater private sector support for the programme.</

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Jonathan to swear in last batch of ministers

Jonathan to swear in last batch of ministers

The number of women in the federal cabinet will
increase by two today as Goodluck Jonathan swears in two females and a
man as the final members of the Federal Executive Council (FEC).

Salamatu Hussaini Suleiman, a lawyer from Kebbi
State; Yabawa Lawan Wabi, an accountant from Borno State and Kenneth
Gbagi, a lawyer from Delta State, are the three ministers that will
round up the cabinet. The trio were confirmed by the Senate on Tuesday
after they passed through a minor screening in a plenary at the
National Assembly. Their confirmation brought the number of current
ministers serving in the government to 42, the maximum allowable by the
constitution.

Both Mrs Suleiman and Mrs Wabi are from the All
Nigeria People’s Party. Presidential aides confirmed they will be
administered with their oaths of office during the weekly Federal
Executive Council meeting which holds on Wednesdays.

BRIEF BIOS

Mrs Suleiman

A former minister of women affairs in the Yar’Adua
administration and a law graduate of Ahmadu Bello University, she
attended the London School of Economics and Political Science where she
gained a master’s degree in law. Her first job as a lawyer was with the
Ministry of Justice in the old Sokoto State. She then worked at
Continental Merchant Bank, Lagos, for seven years and worked for a
short time at NAL Merchant Bank before moving to Aluminum Smelter
Company, where she was company secretary/legal adviser. After that, she
worked at the Securities and Exchange Commission before being appointed
minister.

Mr Gbagi

A lawyer and former chairman of the Board of the
Legal Aid Council of Nigeria (LACN), he is a former PDP gubernatorial
candidate in Delta State. He is an outspoken Urhobo leader and
businessman. He is also a founding member of the party, and was
involved in an open feud with James Ibori, the former governor of Delta
State and fugitive from the EFCC.

Mrs Wabi

A graduate of the National Institute of Policy and
Strategic Studies, she was until now a Permanent Secretary at the
Ministry for Local Government and Chieftaincy Affairs, Maiduguri, Borno
State.</

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Jonathan cautions lawmakers over money laundering bill

Jonathan cautions lawmakers over money laundering bill

Goodluck Jonathan has cautioned the Senate over alterations to the anti-money laundering bill and anti-terror bills currently before it.The president, in a letter dated August 6, 2010, and addressed to the Senate Presi-dent, David Mark, asked the him to note that every provi-sion in “the draft bill present-ed to the National Assembly consistent and in compliance with global instruments which Nigeria has signed and rati-fied.” The Senate had, in pre-vious legislations on the draft bill, amended some sections of the draft bill, saying it was either harsh or complex.“International standards require all member-states to model their domestic legisla-tion in consonance with global best practices,” Mr Jonathan said.

“It is, therefore, impor-tant that the two bills, when passed into law, should meet basic global standards, failing which Nigeria will continue to be adjudged as a non-cooperat-ing jurisdiction.” The president also expressed concern over the failure of the National Assembly to pass both the Anti-Terrorism and Anti-Money Laundering (Amend-ment) bills despite that the deadline for the domestication of the bills has since elapsed, in June.“I wish to draw your kind attention to the fact that the commitment to FATF that the two bills would be passed into law on or before June 30, 2010, was not met.“I understand the two bills are still being worked on by relevant committees in both9Houses, which have raised certain concerns for reduced provisions of the bills, these, perhaps, may have been respon-sible for reduced momentum in the process.Too much work The president, also in his letter, asked the Senate to use the opportunity of their recon-vention on Tuesday to expedite action on the bills. “Kindly consider the quick passage of the Anti-Terrorism and the Anti-Money Launder-ing (Prohibition) Amendment bills, which were presented to the Senate of the Federal Republic in 2009, to enable Nigeria fulfil its commitment to the Financial Action Task Force (FATF) and the inter-national community,” the president said. “You may also wish to be informed that global financial watchdog is sched-uled to meet again with the Presidential inter ministerial/Agency committee in Septem-ber 2010 to review the progress made by Nigeria. It would be a huge plus for the country if the country has a positive report regarding the two pending bills,” he added.

However, the senators could not discuss the bills after endorsing the new minsters and supplementary budget for the Independent National Electoral Commission (INEC) yesterday, Tuesday.Mr Jonathan had, earlier in a letter dated April 29, 2010, to David Mark, called for an immediate consideration and passage of the anti-terrorism and anti-money laundering bills considering threats by FATF to blacklist Nigeria.

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Here comes Nokia’s N900

Here comes Nokia’s N900

The Nokia N900 is a touch screen and slider phone that has a
QWERTY keypad. It is also Nokia’s fist phone that runs Maemo5, a Debian Linux-based
operating system that can run on computers and phones and it may end up being
the only Nokia phone with Maemo5. This leads to the question is the N900 worth
the purchase?

One thing I like about the N900 is the fact that it has a
keypad. I really hate touch screens (eat your hearts out iPhone folks), so the
fact that Nokia was smart enough to provide the slide out keyboard is an
excellent choice on their part. However, one must point out that the N900’s
touchscreen is very responsive. The colour quality is also very good, and the
screen resolution (800×480) is an excellent choice. This brings this phone well
into computer range (most netbooks use that resolution natively).

The sound quality of this phone is unbelievable. The speakers
which are located on opposite sides of the phone are something, and this
quality makes it a great phone for listening to music or quickly watching that
downloaded video. Unfortunately, Zain’s connection did not allow me to see what
a streaming video would look like.

Like any good Operating System should be, it is easy to
customise Maemo5. This made it easy for me to put different applications in
particular orders on different homescreens. The N900 has 4 by default which
also means that you can have multiple programs open and switch between them
easily. Think of it as the equivalent of Alt+Tab on your PC.

Web browser

One of the killer apps for me is the in-built web browser. Based
on Mozilla, it is called MicroB, and unlike certain other platforms (iPhone and
Android I mean you), it has support for Adobe’s Flash. If you are a news
junkie, you will find the inbuilt RSS reader to be a very useful tool. Just
export your XML file from your computer and import here, or better still
subscribe directly to your favourite news sites and everything comes to you
with ease. Unlike in most other smartphones, the web browser recognises the
phone as a desktop computer. This means that when you are going to Facebook for
example, you get the full site instead of the striped down mobile version. But
the downside to that in the Nigerian environment is that I had to keep paying
more money to Zain for Internet connection. It might make more sense with MTN’s
mobile Internet package.

The phone’s application manager is easy to use. However, I think
that Android’s Marketplace is some steps ahead. Again it did not seem to have
as many applications as the Android, which definitely means that the iPhone has
more applications than it does. Unlike my Android, however, I did not have to
start scrounging for FM software as the phone’s music player has an inbuilt FM
transmitter which allows you to listen to stored music in your car on the move.

Impressive storage

Speaking of storage, the inbuilt storage on the N900 is
impressive. It comes with 32GB split into three partitions. 2GB is mounted as
home, 768MB is reserved for swap space, and the remainder, a princely 27GB
(remember this is a phone) is reserved for storage. Now, that is something.

One great advantage that the Blackberry has over this phone is
that setting up email accounts on this phone for push mail is not at all
intuitive. I gave up after some attempts, but to be honest since I was just
testing the phone, maybe I did not try hard enough. Another thing I did not
really dig is the size and weight of the phone. If I was the owner of the
handset, I’d be tempted to stone a Lagos bus conductor with my device. He would
certainly know that he had been hit by something.

Back to the earlier question, is the N900 worth the purchase?

For an infinitely large phone book where you can store contact details,
working bluetooth, infrared and USB, and a 5 megapixel camera where pictures
can be geo tagged, and a battery life that the manufacturers claim is up to 9
hours of talk time; the only reason not to shell out N66, 000 at the Computer
Village, Otigba, Ikeja, Lagos is that our mobile service providers don’t give
us enough bandwidth to make this phone really fun. If they did, it is worth
having.

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Net performance overshadows 3 days of gain

Net performance overshadows 3 days of gain

The stock market took a swift turn away from the bearish trend
it started the week with following the development at the Nigerian Stock
Exchange which led to change in the leadership of the Nigerian Stock Exchange.

The market had began the week on a bearish note but later
recovered on the third day of trading, gaining significantly by 1.07%. The
positive streak was sustained throughout the last three days of trading of the
week. At the close of trade on Friday NSE All Share Index gained 0.09% to close
at 25,738.79 while the market capitalization also appreciated by N5.72 billion
to close at N6.295 trillion.

A review of the week’s activity showed a turnover of 1.1 billion
shares worth N9.11 billion in 27,401 deals was recorded last week, in contrast
to a total of 2.11 billion shares valued at N17.7 billion exchanged last week
in 33,067 deals.

The NSE All-Share Index depreciated by 105.39 points or 0.4% to
close on Friday at 25,738.79 while the market capitalization of the 199 First
-Tier equities closed lower at N6.3 trillion. However, the NSE-30 Index appreciated
by 0.22 points or 0.04% to close at 1,076.12. Last week, ASI and NSE-30 Index
appreciated by2.3% and 2.7%, respectively.

Three of the four Sectoral Indices depreciated during the week.
The NSE Food/Beverage Index depreciated by 5.47 points or 0.62% to close at
834.95, the NSE Banking Index depreciated by 2.53 points or 0.62% to close at
388.06 and the NSE Insurance Index depreciated by 8.19 points or 4.41% to close
at 179.40. However, the NSE Oil/Gas Index appreciated by 0.79 points or 0.22% to
close at 375.41.

Overall, the market depreciated by 0.41% both in market
capitalization and index. While the market has recorded 26.16% (YTD) yield in
market capitalisation.

Forty Five (45) stocks appreciated in price during the week,
lower than the forty-four (44) of the preceding week. PZ led on the gainers’
table with a gain of 5.00% to close at N35.70 per share while

Livestock followed with 5.00% to close at N0.63 per share. Other
price gainers’ in the Top 5 category include; Ikeja Hotel 5.00%, NASCON 4.98%,
and WAPIC 4.92%, closing at N1.47, N7.38, and N0.64 respectively.

Forty three (43) stocks depreciated in price during the week,
lower than the forty-nine (48) of the preceding week.

Honey flour led on the price losers’ table, dropping by 4.99% to
close at N6.09 per share while AG Leventis followed with a loss of 4.99% to
close at N3.43 per share. Other price losers in the Top 5 category include; HIS
4.98%, FCMB 4.94%, and 4.93% closing at N3.82, N7.50, and N34.10 respectively.

Most active sectors

The Banking subsector was the most active during the week
(measured by turnover volume), with 479.5 million shares worth N4.1 billion
exchanged by investors in 14,606 deals. Volume in the Banking subsector was
largely driven by activity in the shares of Zenith Bank Plc,

First Bank of Nigeria Plc, UBA Plc and Guaranty Trust Bank Plc.
Trading in the shares of the four Banks accounted for 215.2 million shares,
representing 44.9% and 19.8% of the subsector’s turnover and total volume
traded during the week, respectively. The Insurance subsector, boosted by
activity in the shares of Unity Kapital Assurance Plc and Continental
Reinsurance Plc, followed on the week’s activity chart with a turnover of 289
million shares valued at N227.6 million in 1,004 deals.

Corporate results for the
week

During the week, the following Companies released their results
to the floor of the NSE: International Breweries Plc released its unaudited
second quarter (Q2 June) 2010 results; Premier Paints Plc also released its
audited year ended December 2009 results while NCR (Nigeria) Plc announced its
audited year ended December 2009 results.

Here are details of the financial results submitted by the
companies:

World Stock Markets Summary US stocks posted modest gains during
the first week of August, led by the S&P 500 index with a gain of 1.82%.

Within the S&P, health care and energy companies rose the
most.

Pork belly future contracts jumped 18% for the week, while the
US dollar fell to a 15-year low against the Japanese yen.

The Dow ended up 187.62 or 1.79% for the week, logging
3-consecutive weeks of gains The S&P 500 ended up 24.04 or 1.82% for the
week, its first weekly increase since 7/23 when it rose 3.55% The S&P has
posted weekly percent gains of 1.5% or more approximately 31% of the time this
year, including the current week 366 (~73%) of the S&P 500 components
advanced for the week, and 4 companies were flat The NASDAQ Composite ended up
33.77 or 1.5% for the week, its first weekly increase since 7/23 when it rose
4.15% The NASDAQ has posted weekly percent gains of 1.5% or more approximately
37% of the time this year, including the current week 78 of the NASDAQ 100
components increased for the week, only 1 company finished flat.

Nigerian money market
update

Nigerian interbank rates were flat at 1.08 percent on average
this week, with excess liquidity of more than 300 billion naira ($2.3 billion)
in the banking system keeping a lid on the cost of borrowing. Borrowing costs
between banks could stay flat next week as well, with liquidity likely to
remain flush due to additional inflows from monthly budgetary allocations.

The secured Open Buy Back (OBB) was unchanged at 1.05 percent, 5
basis points above the Standing Deposit Facility (SDF) rate and 4.95 percentage
points below the central bank’s benchmark rate. Overnight and call were also
flat at 1.10 percent each.

Liquidity had been boosted by the central bank’s injection of
130 billion naira in intervention funds for the refinancing of debt in the
manufacturing sector last week, despite withdrawals by state energy firm NNPC
on Friday.

Market outlook

In the aftermath of the leadership crisis at the Nigerian Stock
Exchange, the week ahead will see investors increasing its activities in the
stock market as confidence gradually return into the system. We expect the
market to further rally in the weeks ahead.

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Deposit Corporation revives task force

Deposit Corporation revives task force

The Nigeria Deposit Insurance Corporation (NDIC) has said it is
reviving its task force on financial crimes in order to strengthen its
prosecution of bank related fraud cases.

Umar Ibrahim, the acting managing director and chief executive
of NDIC, said bank directors who have abused their positions deserve to face
the consequences of their crimes.

Speaking in Lagos while receiving a team from the Financial
Malpractice Investigation Unit (FMIU) of the Nigeria Police Force, Mr Ibrahim
said the police and judiciary would need to do more to tackle financial crimes
in the country.

He said the task force will also tackle new cases that emerge in
the course of sanitising the financial sector. “This is without prejudice to
cases EFCC has been handling.”

Smooth operation

He added that the corporation will work to remove obstacles that
would hinder the smooth operation of the unit. “It is unacceptable and immoral
for people to go scot-free when it is found out that they have contributed to
failures in banks. Government is doing everything to rebuild confidence in the
financial system. More will be achieved when offenders are brought to justice,”
he said. He said the task force which was active during the military era would
be reconstituted in order to accelerate its activities.

“The law was repealed in 1999 and since then, the NDIC has been
left with a lot of cases that need to be prosecuted,” Mr Ibrahim explained.

The then military government promulgated the Failed Banks and
Financial Malpractices in Banks Decree in 1994 to accelerate the prosecution of
persons involved in banks and other financial crimes within 21 working days.
Until it was repealed in 1999 at the advent of democratic rule, a total of
2,464 cases were pending before the Tribunal comprising 2,332 civil and 132
criminal cases. A total of 716 cases were disposed off comprising 672 civil and
44 criminal cases.

The sum of N4.3 billion was recovered through the machinery of
the Failed Banks Tribunal, out of which the sum of N3.55 billion was paid in
respect of banks in liquidation. The NDIC as at the time the tribunals were
scrapped had refunded the sum of N5.8 billion to depositors of 35 banks which
were closed.

Legal obstacles

Assistant commissioner of police, Funsho Saheeb of the special
fraud unit said legal obstacles were always thrown in their path, in their
quest to investigate suspected offenders. “When we send out invitation to
culprits, the next thing we see is petition from their lawyers, copying the
Inspector General of Police questioning our right to invite their clients,” Ms
Saheeb said. She said lawyers use frivolous legal means to shield their clients
from investigation.

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Herbert who?

Herbert who?

One book that helped a lot in building the man
that I am today was Dennis Osadebe’s “Building A Nation”. The book started with
a historical perspective of Osadebe’s home town of Asaba, in modern day Delta
State, its founding by a chap named Nnebisi, through the centuries to the
struggle for Nigeria’s independence, onto Osadebe’s stewardship as the premier
of the Midwestern Region of Nigeria, and down to his service on the committee
that chose Abuja as our new capital.

I will never forget the passage about the funeral
of one of the greatest Nigerians ever, Herbert Macaulay. It rained on the day
of the funeral in 1946, and some people felt that the show should be stopped.
But four young Igbo boys braved the rain, and carried Macaulay’s coffin on
their shoulders to Ikoyi Cemetery with the cry, ‘he was our chief’.

Such a display of belief in the leadership of
someone from another ethnic group is rare in today’s Nigeria.

A few years ago, I listened with a bit of
disbelief as a friend of mine told me that she had no idea of who Herbert
Macaulay was. What was shocking to me then was that she was a first class
degree holder from a Nigerian university, and had grown up in my generation.
However at that point in time, I did not find her lack of knowledge horrifying.

Move the clock forward a few years, and I’m now
older and wiser. Thus it was that I listened in horror this Saturday past when
a young lady who just finished from secondary school and is awaiting her school
leaving results told me the same thing. As a matter of fact, this young lady
has no idea of who the following people are: Alhaji Sir Abubakar Tafawa Balewa,
Mazi Alvan Ikoku, General Murtala Ramat Mohammed, Chief Obafemi Awolowo, Alhaji
Sir Ahmadu Bello and Dr. Nnamdi Azikiwe. To be fair and honest, she recognises
their names from the Naira notes that she wields each day, but that is all. She
has no idea of what Biafra really was, but at least knows that Emeka Ojukwu was
involved in the Biafra story. What his role was, she had no idea.

In shock, I attempted to guide her mind towards
contemporary Nigerian politics, and asked her who her state governor was. She
replied, “Nnamdi Ohakim”. At least she got the surname right. When pressed
about who is predecessor was, her response, “Goodluck Jonathan!”

I did what I considered to be the humane thing
and give her a crash course on our nation’s history. What I found most
frustrating was her almost absolute lack of interest in what I was saying!

What I find again most frustrating is the
question of who or what to channel my anger at.

The young lady (whom I must point out is
exceedingly respectful) is a stunning example of the rot in our country. And
nowhere is this rot exemplified more than in our educational system.

The importance of History as a course can NEVER
be understated, and in the opinion of this writer, it should be made compulsory
through primary, secondary and at least the first year of tertiary education.

It is knowledge of what our forebears did,
especially with an emphasis on what they got right, that could well and truly
give us a sense of national pride.

So just who was Herbert Macaulay?

Herbert Macaulay was born in Lagos in 1864 to
Sierra Leonean parents. His mother’s father was Samuel Ajayi Crowther. In 1881
he joined the Public Works Department of the colonial administration of Lagos,
and was sent to England for three years in 1890. When he returned to Lagos
(there was no Nigeria at the time), he was appointed surveyor of crown lands
for the colony of Lagos. He resigned from that position in 1898.

Historical records indicate that his resignation
may not have been unconnected with the racism practiced by the Europeans in the
colonial civil service. What is certain is that Macaulay established a very
successful private survey practice in Lagos and over the years became a
spokesman for the people in their opposition to British rule in Lagos, and
after the amalgamation, Nigeria.

By 1922 when a new Nigerian constitution was
introduced, Macaulay organised the Nigerian National Democratic Party, which
sought for self-governance for Lagos, the introduction of institutions of
higher education in Nigeria, compulsory primary education for Nigerians,
non-discrimination in the development of private enterprise, and the
Africanisation of the civil service.

In 1944 he presided over the inaugural meeting of
the Nigerian Union of Students from which the National Council of Nigeria and
the Cameroons (Nigeria’s first political party) was born. He became the NCNC’s
president and began a nationwide tour in 1945. However, during the tour, he
fell ill in Kano and returned to Lagos. He died in 1946.

If anyone can lay claim to the title, Father of
Nigeria, this is the man. He was already opposing the British whilst Zik, Awo
and the Sardauna were still in their diapers. That we are allowing yet another
generation to grow without knowing who he was, is a terrible crime.

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Pushing stars too far

Pushing stars too far

The World Cup ended a month ago, but Kaka and Arjen Robben still
bear the pain.

A Belgian specialist who performed surgery on Kaka’s knee last
week said he jeopardised his career by playing for Brazil.

And according to Bayern Munich’s club doctor, Robben’s thigh
injury was so bad he should never have played for the Netherlands (Robben wound
up helping the Dutch reach the World Cup final).

We have been down this road before. The image of Zinedine Zidane
attempting to represent France at the 2002 World Cup despite having a thigh so
heavily bandaged he could barely walk was warning enough of the futility of it
all. The world moves on, but the consequences of stretching star players to the
breaking point between club and country is nowhere near being resolved.

At the start of this World Cup, Dr. Michel D’Hooghe, the chairman
of the medical committee for FIFA, soccer’s governing body, called on doctors
responsible for each of the 32 teams to respect their oath in terms of doping,
injury prevention and care. D’Hooghe also urged the referees to be vigilant
against particularly aggressive fouls.

After the final, during which the English referee Howard Webb
failed to send off Nigel de Jong of the Netherlands for kicking Xabi Alonso of
Spain in the ribs,

FIFA took three weeks to respond. Last Tuesday, it fined the
Dutch football association $14,480 because eight of its players received yellow
cards and one a red in that game. Spain, which had five players receive
yellows, was fined $9,650.

Those fines had all the effect of whacking a rhinoceros’s
backside with a feather.

Spain took home $30 million for winning the World Cup, the
Netherlands $24 million for finishing second, and each Spanish player walked,
or limped, away with a $750,000 bonus.

It is not money alone that drives players, most already rich, in
the World Cup. It is glory, achievement, fulfillment. And for those reasons,
players need to be protected from themselves.

Kaka and Robben went to the World Cup knowing all was not right
physically. Kaka’s club president at Real Madrid had insinuated last March that
Kaka was exaggerating his injury to save himself for the World Cup.

The president, Florentino Perez, had paid AC Milan $90 million
for Kaka, and the time he missed because of his injury represented a poor
return on the investment. Yet Madrid knew it had been sold a battered player;
Kaka had often played through ailments for Milan. His groin-muscle injury was
longstanding, and a knee strain then developed after he joined Madrid.

For Brazil, the importance of his passes, his intuitive awareness
of where Luis Fabiano or Robinho would move, could be sublime. But Kaka’s World
Cup was marred by his evident pain, and irritable moods.

Finally, as Kaka prepared to start Madrid’s preseason tour in Los
Angeles, the club sent him to Marc Martens, a knee specialist based in Antwerp,
Belgium, who had extended the careers of players like Ruud Gullit.

Martens told a Spanish newspaper: “As soon as I saw him, I could
tell it was serious. He started playing with some niggling injuries and ended
up with unbearable pain.” He added: “He pushed himself too hard against Holland
and Chile. It could have finished his career, destroyed him.” Kaka needs up to
four months to recuperate, but he should recover. Kaka said to reporters that
he had told the doctors in Madrid and Brazil that he felt pain in the knee, and
that they had suggested it was “just a muscle imbalance.” Jose Luiz Runco,
Brazil’s team doctor, said on a Brazilian sports channel: “Kaka did not risk
his career in any moment. He didn’t play in his normal state, but he showed
evident progress during the World Cup, which allowed him to be the outstanding
player in some matches.” Robben’s injured thigh muscle was known about before
the World Cup. Such was his value to Bayern Munich and the Netherlands, however
that he played for both at times when he was less than 100 percent physically.

His spectacular dribbles and goals took Munich to the Champions
League final in May. His latest hamstring pull came June 4, in a friendly
against Hungary.

Robben sat out the Netherlands’ first two games at the World Cup,
played 20 minutes as a substitute in the third, then started and scored against
Slovakia, Brazil and Uruguay, and was the Dutch team’s best player in the
final.

On his return to Munich last week, a magnetic resonance imaging
scan showed the thigh muscle was torn.

“It was irresponsible that it wasn’t properly diagnosed by the
Dutch,” said Bayern’s club physician, Hans-Wilhelm Mueller-Wohlfahrt. “He
should not have been allowed to play at the World Cup.” Karl-Heinz Rummenigge,
Bayern’s chief executive and chairman of the 191-member European Club
Association, is demanding reimbursement.

“Arjen will be missing for the important beginning to the
season,” he said. “Such an injury costs money. It would be fair if the Dutch
would bear these costs.” Rummenigge added: “We pay the players, but the
national teams injure them. FIFA values the players, but we value them five or
six times higher.

‘’Put it this way: If I rent a car, I must return it in a decent
condition. They have taken Arjen in good shape and returned him to the garage“
in awful shape.

© 2010 New York Times News
Service

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S(H)IBBOLETH: Vehicle nicknames as public discourse

S(H)IBBOLETH: Vehicle nicknames as public discourse

Nigerians
may not have invented cars, but they have demonstrated the fact that
they are geniuses in the semiotics of renaming cars made in other parts
of the world.

Just as names
given to vehicles by their producers go beyond mere identification to
become rhetorical means of marketing them, nicknames given to such
vehicles by the public also speak subtly about the products and those
that use them.

In relation to how
cars signify social status, the Volkswagen Beetle car is for instance
referred to as “Boosu Nwamgbei (A bus for the poor),” an Igbo parody on
“Volkswagen” that narrates how the vehicle represents or belongs to the
poor person in society, even when many poor Nigerians could not afford
to purchase it. The car was also renamed “Azubuike” in recognition of
the unusual location of its engine at the rear where other car types
usually have their luggage compartments. “Azubuike” literally suggests
that its strength is at its behind, which is humorously related to the
idea of one’s strength being in having a successor (in the offspring,
usually the male child).

Deriving from this
same tradition is the identification of the 2008 model of Toyota Camry
car as “Big for Nothing”. Borrowed from the discourse of abuse in which
individuals are called derogatory names, this particular case refers to
the bearer’s abilities not matching their advertized or physical image.
“Big for Nothing” figuratively represents a Nigerian perception of how
the actual capacity of the car does not justify its reinvented big
size. In spite of the fact that the renaming of the car reveals an
awareness in the Nigerian consumer world about how frequent
reinventions of car shapes and sizes do not necessarily translate to
higher performance of the product, many Nigerians still have their eyes
on the car for the simple reason that its “bigness” is appropriate to
their own sense of what it means to be a “big man” in the society.

It seems that being
a “big man” is something that has to be demonstrated in material terms,
as seen not only in Nigeria but also in other parts of the world. The
longish Rolls Royce cars of America, the early generation of Chevrolet
cars, and the Cherokee Chief, all narrate a similar use of car size to
dominate, not just the road, but also the space of power and influence
in society. Space constraints and change in values of course have
forced cars users in the Western world to appreciate smaller cars.

But within this
discourse on space and power in Nigeria, one also finds humour.
Nigerians are indeed good at laughing at and with the other, whatever
their social and economic conditions. Such humour is found in almost
all the nicknames they have for automobiles. The Golf 2 was once a
dream car for many Nigerians, but with the massive importation of
various “tokunbo” (used) vehicles in Nigeria, coupled with a remarkable
improvement in monthly income in the country, the car became common on
Nigerian roads and consequently fell in prestige. It fell to the level
of taxicabs in a society where taxis are seen as low-grade vehicles.
Many taxi drivers also prefer it for its low fuel consumption and
maintenance cost. Thus, because the car has become “common” to many
Nigerians for whom uniqueness is part of the construction of class
superiority, it has come to be nicknamed “Pure Water,” a name derived
from “sachet water” which is again common in Nigeria as a result of the
crisis in public water supply.

I particularly like the Igbo nickname for pick-up vans – Azuanuuka (A turned back listens to no gossip).

Understood within
the context of aggressive and unfriendly driving on Nigerian roads, the
nickname recalls the I-don’t-care posture of drivers of the pick-up
vans who, shielded away in the front compartment of the vehicles,
present a deaf ear to the invectives directed to them by drivers of
other vehicles whose road rights have been violated. Indeed, vehicle
users who are inconsiderate of other road users tend to take advantage
of some protective features built onto their vehicles.

Drivers of
articulated vehicles like trucks are inclined to frighten away drivers
of other fragile vehicles, sometimes causing accidents that involve
mass deaths. Thus in popular Igbo discourse on road transport, the
trailer or tanker is referred to as “Achaghi akuo” (Ready for
collision, if not avoided).

Such humour may
also be linked to an acknowledgement of a similar quality in the
automobile. For instance, the nickname of the 1984 model of Mercedes
Benz car “German Mistake” ironically conveys the recognition of its
superior durability, compared to other car models, or even other
Mercedes Benz cars.

It is considered a
“mistake” in a changing automobile world where the survival of the
automobile company may depend on how high their sales figures rise and
not how many decades a customer enjoys the product before considering
whether to change the spark plugs!

A talking public is
very useful to business, and the Nigerian vehicle nickname geniuses are
doing a good job in semiotically reinventing the vehicles for the
overflooded Nigerian automobile market.

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