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  •  The African sports press deserves more attention Participate in the exhibition of African sport in the world sports arena It cannot be denied that sports journalists are our partners and daily companions in all continental and world sports competitions We greatly appreciate the role played by sports journalists during the coverage of the Tokyo 2020 hellip
    World Sports Press Day 2022: Message from the President of ANOCA
     The African sports press deserves more attention Participate in the exhibition of African sport in the world sports arena It cannot be denied that sports journalists are our partners and daily companions in all continental and world sports competitions We greatly appreciate the role played by sports journalists during the coverage of the Tokyo 2020 hellip
    World Sports Press Day 2022: Message from the President of ANOCA
    Africa60 mins ago

    World Sports Press Day 2022: Message from the President of ANOCA

    The African sports press deserves more attention. Participate in the exhibition of African sport in the world sports arena.

    It cannot be denied that sports journalists are our partners and daily companions in all continental and world sports competitions.

    We greatly appreciate the role played by sports journalists during the coverage of the Tokyo 2020 Olympic Games or the Beijing 2022 Winter Olympic Games. Despite the difficulties imposed by the pernicious Covid-19 pandemic, the sports press always responded by present in these events.

    We do not lose sight of the hard work that these professionals carry out on a daily basis in the 54 countries of the continent where the National Olympic and Sports Committees operate, which must maintain adequate and effective press relations with the sports journalists of their respective countries. .

    As Africa expects to host major international competitions, the African sports press must put its stamp on these Olympic events.

    We count on you to continue projecting the image of a Sporting Africa that wins even through its media, through its Press.

    Young Africans have greatly benefited from all the information contained in reports, chronicles, analyzes and comments from sports journalists who have always shown a high level of professionalism during competitions.

    ANOCA heartily congratulates all these journalists who face many difficulties to provide information in real time to the general public and especially to the actors of the Olympic and Sports Movement.

    The advent of digital technology deserves a change of attitude for the sports press, since it must face the information distortions that lead to Fake News, and sports is no exception.

    But, sports journalists, our friends and brothers, must take the measure of what is at stake and continue their work while respecting ethical principles.

    We support you on this World Sports Press Day.

    Mustapha Berraf IOC Member ANOCA President

  •  Financial experts say the increasing inflation rate in Nigeria has impacted negatively on the living standard of Nigerians The experts who spoke to the News Agency of Nigeria said the rising inflation rate has reduced the purchasing power of individuals leading to a decline in living standards Acccording to the National Bureau of Statistics hellip
    Financial experts attribute decline in living standards to high inflation rate
     Financial experts say the increasing inflation rate in Nigeria has impacted negatively on the living standard of Nigerians The experts who spoke to the News Agency of Nigeria said the rising inflation rate has reduced the purchasing power of individuals leading to a decline in living standards Acccording to the National Bureau of Statistics hellip
    Financial experts attribute decline in living standards to high inflation rate
    Economy2 hours ago

    Financial experts attribute decline in living standards to high inflation rate

    Financial experts say the increasing inflation rate in Nigeria has impacted negatively on the living standard of Nigerians.The experts who spoke to the News Agency of Nigeria , said the rising inflation rate has reduced the purchasing power of individuals leading to a decline in living standards.Acccording to the National Bureau of Statistics (NBS), Nigeria’s inflation rate increased to 17.71 per cent on a year-on-year basis in May 2022.The NBS also said that prices of selected food items had increased in the last 12 months in its latest Food Price Watch report in the same period.Prof. Aminu Usman, of the Kaduna State University, said the rising inflation rate meant devaluation of individual income, which amounted to falling purchasing power.Usman, a lecturer at the Department of Economics, said individuals would now purchase fewer commodities with the same given amount of money.“This scenario implies that people’s living condition are deteriorating, especially for low-income groups, whose income is rigidly fixed while prices are skyrocketing.“It signifies the descent of many poor to further poverty and worsening conditions of living.” He said that a major contributor to the inflationary pressure was food inflation caused by rising food prices, adding “this is expected because the rains have set in and old stocks are finishing.“This is coupled also with the high cost of fertiliser and heightened insecurity which combined to discourage farmers and farming. This has also caused very low projections for agric output,” he said.Mr Ben Ekeyi, a Public Financial Management Consultant, said that Nigeria’s inflation rate had a negative impact on the purchasing power of Nigerians in diverse ways.Ekeyi said one of the impacts included reduced ability to purchase needed and required goods and services, especially where there was no corresponding increase in income.“Others are a lower standard of living, increased poverty level as Nigerians are increasingly unable to access necessary goods and services.“Increased school dropouts, especially at primary and secondary levels. More Nigerian families have become unable to sponsor their wards’ education, thereby, leading to drop out from schools.”He said that economists had established a link between lower purchasing power resulting from inflation and an increase in crime rate. According to him, where households are unable to cater for the needs of their members, there is a likelihood that some will go into criminal activities.Ekeyi also said low purchasing power had been linked to increased social vices like prostitution, thuggery, youth restiveness, and suicide rates among others.He said that low purchasing power had also increased urban-rural migration, as some Nigerians living in the cities were gradually relocating to their rural communities to due to the high cost of living in the cities.According to him, the low purchasing power also has the potential of leading to death.“When a person is unable to meet basic needs, especially in the area of health care,  he is most likely to die,” he said.Mr Paul Alaje, a Senior Economist with SPM Professionals said with the high inflation rate, it means that someone who had N100,000 this time in 2021, now has less than N85,000 this year for committing no crime.“It means that the value of what money can buy has reduced. What is the implication?  People will now be able to buy less.“If they could buy two bags of rice before with their income, now they can buy less than two bags.“Does it mean that hunger in the family has reduced? The answer is No. People are still hungry but their livelihood resources now have weaker purchasing power.”Alaje said this situation may put several families in jeopardy as some members may lose their jobs because of the failure of their employees to pay them due to a decline in sales.“So, when inflation and unemployment set in, you have what we call stagflation, that is a situation where people’s hunger, poverty and deprivation is elevated or increased significantly.”He said the general socio-economic implication was an increase in the crime rate.Alaje said the average inflation rate for a nation should be between three to five per cent but unfortunately, in the last seven years Nigeria’s inflation rate had been in double digits.A cross-section of Nigerians who spoke to NAN said the increasing inflation rate had reduced their standard of living and made saving impossible.Mr Isaac Ighure, a pensioner said the inflation rate had reduced his standard of living, adding that it was the same situation with many pensioners in the country.Ighure said many families were “cutting corners ”  in a good way just to be able to eat.“Among pensioners and the elderly, inflation is wreaking a lot of havoc, we are barely managing to survive.“Pensioners are on their own, they are suffering, the government does not support pensioners in any way and there is no policy for the elderly in general.“How do you pay your children’s fees, pay rent, treat medical issues, etc, as a pensioner? Some pensioners are maintaining their graduate children who do not have jobs.“You see many old people dying of hypertension because of all these problems. Their life span could be prolonged if the government can take the responsibility for the health of the elderly,” he said.Mrs Tosin Ajayi, a Public Servant and mother of three, said the high cost of living caused by the inflation had become unbearable.“As a mother and a public servant, it has not been easy to survive in today’s economy. You will not believe that 90 per cent of the family’s income is used for expenses. You cannot save anymore.“The cost of living is high and it is becoming unbearable for everyone. From food items to other consumables, gas, electricity, etc,  it is worrisome.“What I do as a mother is to tell my kids the reality on ground. I tell them that it is unacceptable to waste food and to be appreciative of what your parents give you.“We are calling on the Nigerian government to seek out ways to reduce the inflation rate, 17.7 per cent rate is unacceptable to us. This is crucial to prevent crime rate and illegal activities”, she said.Mrs Lynn Ikechukwu, a housewife and mother of three, said the inflation rate had made it difficult for her to plan and budget for her home.“It is not easy to plan and budget with the increasing inflation rate. For instance, between September 2021 and May 2022, the cost of diapers has gone from N6,000 Naira to N7,000,  to 7,500 and now N9,500.“Every time you go to the market the price of food items keeps increasing, now it is almost impossible to buy tomatoes. You have to forgo some food items. Tell me how someone can plan in such a situation?”Ms Chioma Ibeh, an online food vendor, said the inflation rate had resulted in a decline in customers which had slowed down her business.“The prices of food have increased enormously. For almost every food item I buy, the prices have increased to as much as N2,000.“Before my 2.4 litres of edikaikong soup used to go for N15,500 and N16,000 but now I sell for N18,000 to N18,500. “When I  tell clients the amount for a particular size bowl of soup or stew they complain and say it is too expensive. But at the end of the day that is the reality of the situation in the country.” I wish the economy can have a balance because inflation is making my business very slow.“In a week, I can go without having any food orders and this is bad for people like me that have this business as my only source of income, how do I pay my bills?”Mrs Amaka Eze, a market woman, said the increasing inflation made it impossible for her to make profit from sales, adding that things had never been this bad for her business.” Since I started this business of selling foodstuff, I have never seen anything like this before. I used to buy a carton of Titus fish for N20,000,  now it is between N40,000 to N45,000.“A carton of Panla used to be N6,000 now it is N12,000. I buy a dustbin basket of tomatoes for N4,000, people are no longer coming to buy food items like before because there is no money.“It is so bad that some decent guys even come to my shop to beg for a cup of garri to drink because they have no money to buy food to eat,” she said.NAN recalls that the World Bank’s latest Global Economic Prospects Report said the damage from COVID-19 and the war in Ukraine had intensified the slowdown in the global economy.The report said this had led to a period of weak growth and increased inflation, which had raised the risk of stagflation, with potentially harmful consequences for middle- and low-income economies alike.

    NewsSourceCredit: NAN

  •  President Muhammadu Buhari on Saturday evening returned to Abuja after a five day State Visit to Lisbon Portugal where Nigeria and the European nation signed Memorandum of Understanding in diverse sectors While in Lisbon the Nigerian leader held several bilateral engagements which culminated into the signing of Agreements and Memoranda of Understanding between Nigeria and Portugal hellip
    State Visit: Buhari returns to Abuja from Lisbon as Nigeria, Portugal sign MoUs
     President Muhammadu Buhari on Saturday evening returned to Abuja after a five day State Visit to Lisbon Portugal where Nigeria and the European nation signed Memorandum of Understanding in diverse sectors While in Lisbon the Nigerian leader held several bilateral engagements which culminated into the signing of Agreements and Memoranda of Understanding between Nigeria and Portugal hellip
    State Visit: Buhari returns to Abuja from Lisbon as Nigeria, Portugal sign MoUs
    General news18 hours ago

    State Visit: Buhari returns to Abuja from Lisbon as Nigeria, Portugal sign MoUs

    President Muhammadu Buhari on Saturday evening returned to Abuja after a five-day State Visit to Lisbon, Portugal, where Nigeria and the European nation signed Memorandum of Understanding in diverse sectors.

    While in Lisbon, the Nigerian leader held several bilateral engagements which culminated into the signing of Agreements and Memoranda of Understanding between Nigeria and Portugal.

    The MoUs signed include Political Consultations; Diplomatic Training, Research and the Exchange of Information and Documentation.

    Cooperation in the field of Culture; and Cooperation in the Field of Women and Girls Development, Empowerment and Gender Affairs; Youths and Sports were also parts of the cooperation.

    President Buhari, had earlier met with representatives of Nigerians living in Portugal, on Wednesday night, where he again cautioned Nigerians abroad against the use of social media to insult and incite from a safe and anonymous distance.

    Buhari, rather urged them to always promote Nigeria’s unity.

    According to the president, the social media can be a force for good, as well as a force for evil, urging all Nigerian citizens to make use of the social media for the general good of the society.

    Also on Thursday in Lisbon, Buhari called for an increase in the volume of trade with Portugal as well as diversification to non-oil products.

    The president made the call at a Seminar between Nigeria and Portugal businesses during the State Visit to Portugal.

    According to the Nigerian leader, the two countries are in dire need of new investment opportunities following the devastation on global economies caused by the COVID-19 pandemic and, in recent times, the impact of Russia-Ukraine conflict.

    President Buhari also expressed the readiness of Nigeria  to fill the natural gas gaps in Europe predicated by the current Russian-Ukrainian war.

    Also on June 30, the president approved  renewal of the appointment of Patience Oniha as the Director-General of the Debt Management Office (DMO) for a second term of 5 years.

    The president on Friday met with Carlos Moedas, Mayor of Lisbon and City Council Members, where he expressed gratitude and appreciation to them for accommodating Nigerians and those fleeing the war in Ukraine.

    Buhari also used the occasion to congratulate him and his party on their electoral victory and his emergence as the Mayor of Lisbon.

    The President’s media aide, Malam Garba Shehu, in a statement, said the Nigerian leader thanked Carlis Moedas for graciously receiving the Nigerian delegation in the ‘beautiful and historic coastal city of Lisbon’.

    President Buhari also pledged Nigeria’s commitment to reducing marine plastic pollution from land-based sources and activities.

    The president gave the assurance in a speech delivered on his behalf by the Minister of State for Environment, Sharon Ikeazor, at the 2022 UN Ocean Conference, in Lisbon, Portugal, on Friday.

    While highlighting Nigeria’s effort at ensuring the health and sustainability of oceans, seas and marine resources, Buhari said that a national policy on plastic pollution and the road map on tackling solid and plastic waste management had been formulated and established.

    Buhari, who lauded the UN for leading the process of effective ocean governance, said that Nigeria had mainstreamed ocean management into the economy, constituting a Presidential Committee on Sustainable Blue Economy.

    He also announced that Nigeria had embarked on creation of two marine protected areas.

    Also, the Permanent Secretary, State House, Abuja, Tijjani Umar, on July 1 revealed that President Muhammadu Buhari would inaugurate new Presidential Wing of the State House Clinic in December.

    Umar, who made this known at the State House SERVICOM Unit Awards for the Year 2021 in Abuja, revealed that the construction work on the befitting health facility had already reached 75 per cent stage of completion.

    According to him, the multi-billion naira medical facility will be one of the legacies the Buhari administration will leave behind for incoming administrations in the country.

    The News Agency of Nigeria reports that before departing for Lisbon on Tuesday, the president had held official engagements  including the swearing in of Justice Olukayode Ariwoola as the acting Chief Justice of Nigeria (CJN) on June 27.

    The swearing of Ariwoola, the next most senior in the hierarchy of the Supreme Court, as the new CJN followed the resignation of Justice Tanko Muhammed on health ground.

    The president also on the same day met with Gov. Hope Uzodinma of Imo, who updated him on security and socio-economic developments in the state.

    Uzodinma, who later spoke to State House correspondents, said he used the opportunity of the meeting to thank the president for approving the hosting of this year’s Armed Forces Remembrance Day Celebration in Imo.

    The governor, who also reacted to recent call by Gov. Bello Matawalle of Zamfara that his citizens should apply for guns for self-protection, said there was no need for such actions in Imo.

    The president also granted audience to some APC senators over the outcome of the party primaries and its implications for the party.

    Buhari reassured that the leadership of All Progressives Congress (APC) would sustain the post-primaries healing process to ensure fairness, justice and unity before the 2023 general elections.

    He said that complaints were received from some members and that machinery had been put in place by the National Working Committee to address their concerns.

    NewsSourceCredit: NAN

  •  The College of Business and Social Sciences which is located in Adi Keih graduated 654 including 306 in 1st degree and 348 in Diploma in its 15th commencement held today July 2 In the graduation ceremony that took place virtually the Faculty of Business and Social Sciences graduated students in various areas of study including hellip
    Eritrea: College of Business and Social Sciences graduates 654 students
     The College of Business and Social Sciences which is located in Adi Keih graduated 654 including 306 in 1st degree and 348 in Diploma in its 15th commencement held today July 2 In the graduation ceremony that took place virtually the Faculty of Business and Social Sciences graduated students in various areas of study including hellip
    Eritrea: College of Business and Social Sciences graduates 654 students
    Africa1 day ago

    Eritrea: College of Business and Social Sciences graduates 654 students

    The College of Business and Social Sciences which is located in Adi Keih graduated 654 including 306 in 1st degree and 348 in Diploma in its 15th commencement held today, July 2.

    In the graduation ceremony that took place virtually, the Faculty of Business and Social Sciences graduated students in various areas of study including Economics, Accounting, Business Administration, English, Geography, History, Law, Banking, Sociology , Archaeology, Library Science and Information. , Tourism and Hotel Management, as well as Social Work, and that 48% of the graduates are women.

    Stating that graduation on a student's life path is the result of hard work and the beginning of a new chapter, Dr. Estifanos Hailemariam, Dean of the College of Business and Social Sciences, congratulated the students for completing successfully their studies overcoming the challenges that COVID-19 caused.

    Noting that providing free education is the fundamental principle of the Government and that a great effort is being made by higher education institutions to ensure quality education, Dr. Estifanos Hailemariam called on graduates to be at living up to expectations in the nation. construction effort.

  •  The Nigeria Solidarity Fund NSSF has proffered solutions and recommendations to stem the rising brain drain in the nation s healthcare system This is contained in a communique issued by Dr Fejiro Chinye Nwoko the General Chief Executive Officer NSSF on Saturday in Lagos at the end of its talk shop on brain drain in the health sector The hellip
    NSSF proffers solutions to address brain-drain in health sector
     The Nigeria Solidarity Fund NSSF has proffered solutions and recommendations to stem the rising brain drain in the nation s healthcare system This is contained in a communique issued by Dr Fejiro Chinye Nwoko the General Chief Executive Officer NSSF on Saturday in Lagos at the end of its talk shop on brain drain in the health sector The hellip
    NSSF proffers solutions to address brain-drain in health sector
    General news1 day ago

    NSSF proffers solutions to address brain-drain in health sector

    The Nigeria Solidarity Fund (NSSF) has proffered solutions and recommendations to stem the rising brain-drain in the nation’s healthcare system.

    This is contained in a communique issued by Dr Fejiro Chinye-Nwoko, the General Chief Executive Officer, NSSF, on Saturday in Lagos at the end of its talk shop on brain-drain in the health sector.

    The discussion was entitled: “Nigerian Healthcare System and Brain -Drain — Step up or Sink”.

    NSSF said that the discussion was organised as an advocacy strategy with the aim of highlighting current challenges in human capital flight in the Nigerian health sector, and proffering solutions to same.

    The discussion was also a rallying call for individuals and organisations to partner with the NSSF on strengthening the healthcare system in Nigeria.

    The communique highlighted the following challenge’s in Nigeria’s healthcare system; poor working conditions stemming from epileptic power supply, dilapidated hospitals, interprofessional rivalry, security challenges exposing doctors to kidnapping and harassment from patients’ relatives.

    Others included non-existent training opportunities, delays in payments of salaries lasting as long as 23 months in states such as Abia and Imo; and poor follow through of government policies.

    The communique argued that it was difficult to train a doctor today to replace the experience and knowledge of consultants who were leaving the country.

    According to the communique, the enumerated factors  above are in stack contrast to conditions in the West, where salaries and emoluments are paid in a timely fashion; equipment are available and modern; and general conditions are conducive.

    The communique noted that NSSF seeks to address this by identifying and funding high impact solutions in line with government strategies.

    “Support for human resources for health is in line with the NSSF’s priority of strengthening the healthcare system which is a complex system that is incomplete without available healthcare workers.

    “NSSF pools resources from individuals and corporate organisations to support national response to the COVID-19 pandemic which has impacted various sectors and worsened migration of healthcare workers,” the communique said.

    The communique, however, acknowledged the efforts made by government in solving the problem of brain-drain.

    “This included: examining the statistics and the push factors, embarking on a reform programme chaired by Vice president, Professor Yemi Osinbajo.

    “Negotiating for better pay and infrastructure, establishing the National Health Act to empower workers.

    “Establishing the basic health care provision fund, which was created as a source of sustainable and predictable financing for health.

    “Exploring mutually beneficial partnerships with countries that have high numbers of Nigerian healthcare workers in a bid to strengthen the healthcare sector in Nigeria

    The communique said that if the recommendations were implemented, brain-drain in the nation’s healthcare sector would be a thing of the past.

    It said that government should commit to implementing agreed policies such as hazard allowance which took eight months to negotiate and is yet to be implemented.

    According to the communique, government should convene roundtable discussions with relevant stakeholders to discuss workable solutions.

    “Government should identify data gaps and research agenda and use the information gathered to understand and address brain-drain as well as the risks of the health care system completely breaking down.

    ‘Government should work toward increasing patriotism by meeting the basic needs of the average citizen and creating an enabling environment,” it added.

    The communique also called for regular disbursement of Basic Healthcare Provision Fund.

    NewsSourceCredit: NAN