Monday, 31 December 2012

World Bank Chides Nigeria, Others over Poor Statistics

The World Bank has decried the quality and relevance of data from Nigeria and other African countries, which it described as largely obsolete.
The bank’s Director, Department of Economic Policy and Poverty Reduction Programmes, Africa, Mr. Marcelo Giugale, stated this in a report e-mailed to THISDAY at the weekend.
He expressed concern that a lot of money had been invested in improving statistics in a lot of countries in the continent, explaining that most of that money came as donations from well-meaning rich countries.
He said a report tagged: ‘Partnership in Statistics for Development in the 21st Century,’ had revealed that between 2009 and 2011, Africa received $700 million to build up its capacity to collect data. He stressed that communication technology is what would revolutionise African statistics.
Giugale added: “First, we don't really know how big (or small) many African economies are. In about half of them, the system of “national accounts” dates back to the 1960s (1968, to be precise); in the other half, it is from 1993. This means that measuring things like how much is produced, consumed or invested is done with methods from the times when computers were rare, the Internet did not exist and nobody spoke about "globalisation. That is, the methodology ignores the fact that some industries have disappeared and new ones were born.
“How badly does this skew the data? Well, to give you an idea, when Ghana used a newer methodology to update its accounts in 2010, it found out that its economy was about 60 per cent bigger than it had previously thought - and the country instantly became "middle-income" in the global ranking.
“Second, the latest poverty counts for Africa are, on average, five years old. So we only have guesstimates of how the global financial, food and fuel crises have impacted the distribution of income, wealth and opportunities in the region. This is because, to count the poor, you need “household surveys” - those face-to-face, home visits where people are asked how much they earn, own, know and so on. In fifteen African countries, this has been done only once since 2000.”
The World Bank official pointed out that the advent of technology now allows for the surveys to be done not only more frequently, but continuously.
“Industrial surveys are even more infrequent than household surveys - only a handful of African countries have done at least one in the last ten years. This is a pity! Knowing what your producers are doing -- and what keeps them from producing more - is critical if you want to design policies that increase employment, productivity and economic growth.
“To be sure, academics, non-governmental organisations, development banks and business organisations carry out sporadic surveys of enterprises for one purpose or another - from understanding how informal jobs are created to selling logistical services. But regular, comprehensive, nation-wide data is, at best, rare,” he stated.

NNPC Restores Vandalised Ije-Ododo Pipeline, Assures on Product Supply

Few days after a major artery in its pipeline networks located at Ije-Ododo, Amuwo-Odofin area of Lagos was vandalised and resulted into a fire outbreak, the Nigerian National Petroleum Corporation (NNPC) has announced  the comprehensive restoration of the pipeline to normalcy.
The NNPC also said in a statement yesterday in Abuja, from its acting Group General Manager Public Affairs, Mr. Fidel Pepple, that with this development, pumping of Premium Motor Spirit (PMS), otherwise known as petrol has resumed in earnest to depots and tank farms in it’s System 2B, spanning from Atlas-Cove to Ilorin, the Kwara State capital.
The statement assured Nigerians and motorists that with the restoration of the Ije-Ododo and System 2B pipelines, normalcy had been restored in the supply and distribution of petroleum products across the country.
He said: “I can affirm to you that our engineers from the Pipelines and Products Marketing Company Limited (PPMC) have finally fixed the Ije-Ododo pipeline that was ruptured last Monday by activities of pipeline vandals.
“Going forward, the good news for Nigerians is that we have resumed pumping of petroleum products through the pipeline and System 2B is equally working after the restoration of the pipeline.”
Pepple also described media reports that fuel scarcity and queues in some parts of the country may last beyond the new year as mischievious, noting that the corporation still maintains zero tolerance to fuel scarcity and fuel queues in filling stations.
He stated that the recent fuel queues experienced around the country were basically due to the activities of pipeline vandals and closure of a number of filling stations due to the Christmas holidays and not shortage of petroleum products.
According to him, the corporation has product sufficiency that can sustain the country for more than a month just as it is making concerted effort to sustain supply of petrol across every part of the country to ease the movement of people as they travel from one place to the other before and after the New Year.
Pepple also asked petrol marketers in the country to avoid the nefarious diversion of petroleum products to black market operators, adding that stringent punitive actions would be meted out to those found wanting.
He enjoined them to team up with the NNPC to ensure sustained supply and distribution of petroleum products into the New Year, as well as motorists to desist from panic buying, stressing that there is no truth in the on-going rumours that there will be an increase in the pump price of fuel in January 2013.
“The Federal Government has made budgetary provision for fuel subsidy in the 2013 budget which was recently passed by the National Assembly,” Pepple added.

Nigeria Borrows $4.4bn from World Bank in Seven Years

The Federal Government has borrowed a total of $4.4 billion in external loans in the past seven years. Of this amount, which was approved by the World Bank, only $1.8 billion has been disbursed while the balance continues to attract a service charge.
The revelation came just as the House of Representatives endorsed the Federal Government's 2013-2015 External Borrowing Plan.
A report on the investigation conducted by the House of Representatives Committee on Aids, Loans and Debt Management on the 2013-2015 External Borrowing Plan placed a ceiling on external borrowing at $7.3 billion as opposed to the over $9 billion proposed by the Federal Government.
According to the report, Nigeria has risen to become the largest recipient of disbursements from the International Development Agency (IDA) between 2009 and 2012 and currently has the largest outstanding IDA portfolio in Africa, ahead of Kenya and Tanzania.
However, the report said Nigeria's external debt profile remained at a level where it could accommodate more loans without violating the internationally accepted 40 per cent Debt/GDP ratio and the 25 per cent country specific threshold for debt stock levels.
Chairman, House Committee on Aids, Loans and Debt Management, Hon. Adeyinka Ajayi, who presented the report to the House, observed that the federal and state governments that have proposed fresh external borrowings have justified their demands and have acceptable debt sustainability levels.
The purposes for which the borrowings are being requested, Ajayi said, were in substantial compliance with the provisions of the Fiscal Responsibility Act 2007, being for capital projects and human capital development.
The facilities, he observed, would be obtained under concessionary terms with zero per cent interest rates, except the China Export-Import (EXIM) Bank loan at a 2.5 per cent rate of interest, and considerable moratorium and amortisation periods.
Meanwhile, the House of Representatives has demanded the submission of half-yearly reports on all existing external loans taken by federal and state governments to the National Assembly.
The reports, it said, must contain relevant information such as the principle amount, the amount drawn down, the balance, expected use of the credit facility, and what has actually been achieved with the amount borrowed.
Sections 41,42, 44 and 47 of the Fiscal Responsibility Act prescribe conditions for borrowing and verification of compliance limits upon which the National Assembly could base its approval for borrowings.

FG to go tough on private jet owners

There are indications that the Federal Government will impose stringent measures on private jet owners and charter aircraft operators to avert disaster in the general aviation section, investigation by our correspondent has revealed.
This, it was learnt, was the outcome of an emergency meeting between the Minister of Aviation, Mrs. Stella Oduah, and heads of the aviation agencies, with some top players in the aviation sector in Abuja last Wednesday.
The minister reportedly said at the meeting, which ended around 3am, that there was need to look deeply into the operation of the general aviation sector, which involves private and chartered aircraft.
Part of the measures, it was learnt, would include imposing heavy sanctions on any non-compliance with standard safety procedure.
A source at the meeting said the new arrangement would also forbid pilots of private and chartered jets from flying above the normal flying hours to avoid any accident occasioned by fatigue.
“So, nothing will be taken for granted in the general aviation sector now,” the source said.
The recent Naval Augusta crash in Bayelsa State, it was learnt, brought the issue to the front burner.
The development also followed the increasing number of private jets and chartered aircraft, including helicopters in the nation’s airspace.
Although the crash in Bayelsa involved a military aircraft, which Nigeria Civil Aviation Authority and the Ministry of Aviation had no regulatory power over, the civil aviation authorities saw the crash as a wakeup call and the need to focus more attention on the operations and activities of lighter aircraft, sources close to the ministry said.
It was also gathered that the recent private aircraft crash involving the Governor of Taraba State, Mr. Danbaba Suntai, made development pertinent.
Consequently, it was learnt that government had decided that the ministry and the NCAA would henceforth pay more attention to the activities of airstrips, heliports, helipads, airports, private jets and chartered aircraft.
The ministry oversees airstrips while the NCAA oversees aircraft.
“Most of the people that own private jets in Nigeria are big people who ordinarily may not want to obey rules at times. But the minister said that the recent happening in the military circle was also a wakeup call for the civil aviation as well.
“It now means that the Ministry of Aviation and the Nigerian Civil Aviation Authority will be paying more attention to the operators of private and chartered jets/ helicopters in the country.”
The source added that the development could lead to a situation where some airstrips, helipads and helidecks would be re-examined or audited.
The general aviation sector in Nigeria has witnessed tremendous growth in recent years and stakeholders are happy that the sub-sector is attracting more foreign and local investors.
But an aviation industry analyst, Mr. Olumide and Ohunayo, said the latest development was not expected to retard this growth, rather it should strengthen it.

No fuel price hike in 2013, says NNPC

The Nigerian National Petroleum Corporation on Sunday gave the assurance that the Federal Government would not hike the price of fuel in 2013.
There have been fears that the prolonged scarcity of fuel nationwide might lead to a price increase.
The assurance was given by the NNPC Acting Group General Manager, Group Public Affairs Division, Mr. Fidel Pepple, in a statement.
The statement also said it had restored the Ije-ododo pipeline in Lagos.
A portion of the pipeline exploded while being vandalised two weeks ago, while the vandals fled.
The Ije-ododo incident occurred some months after another set of vandals destroyed a portion of the strategic System 2-B pipeline supplying petroleum products to the South-West and Ilorin.
NNPC said it had ensured the full and comprehensive restoration of the Ije-ododo pipeline to normalcy.
The corporation said the pumping of premium motor spirit had resumed in earnest to depots and tank farms in the System 2-B, spanning from Atlas-Cove to Ilorin.
Pepple gave the assurance that with the restoration of the Ije-ododo pipeline and the NNPC System 2-b pipeline, normalcy had been restored in the supply and distribution of petroleum products across the length and breadth of the country.
“I can affirm to you that our engineers from the Pipelines and Products Marketing Company Limited have finally fixed the Ije-Ododo pipeline that was ruptured last Monday by activities of pipeline vandals.
“Going forward, the good news for Nigerians is that we have resumed pumping of petroleum products through the pipeline and system 2b is equally working after the restoration of the pipeline,” Pepple said.
He stated that the recent fuel queues were basically due to the activities of pipeline vandals and the closure of a number of filling stations due to the Christmas holidays and not shortage of petroleum products.
The NNPC spokesman said the corporation has product sufficiency that can sustain the country for more than a month.
He stressed that concerted efforts by the to wet every part of the country with petrol to ease the movement of people as they travel from one place to the other before and after the New Year, is continuous and will be sustained.
Mr. Pepple called on Marketers to avoid the nefarious diversion of petroleum products to black marketers adding that stringent punitive actions would be meted out to those found wanting. He enjoined marketers of petroleum products to team up with the NNPC to ensure sustained supply and distribution of petroleum products into the New Year.
He also enjoined motorists to desist from panic buying stressing that there is no truth in the on-going rumours that there will be an increase in the pump price of fuel in January 2013, saying that the Federal Government has made budgetary provision for fuel subsidy in the 2013 budget which was recently passed by the National Assembly.

Tuesday, 6 November 2012

Shhhhh ... Some secrets you might need to keep

Strangers often trust Edward with their secrets, whether it be on planes or walking down the street. He even became a confidant in one place that he doesn't want most people to know he spent time: prison.
Edward's biggest secret is that he is a convicted felon, having been arrested twice for driving under the influence of alcohol. The second time, he spent 90 days behind bars contemplating his life.
Those reflections helped him make better life choices in the 10 years that have gone by since, he says. But he belongs to a professional organization that would boot him immediately if anyone there ever found out about his conviction, and he still fears that someone in it will discover what he's hiding. Edward, and the others who agreed to speak about their personal experiences for this article, asked that their real names not be used to protect their identities.
"It's not shame that's the reason I'm holding secrets in, especially with the DUI," says Edward, 35, who lives in the Midwest. "It's more about, I don't feel like getting into the story again to have to explain why I'm not your typical felon" -- a violent or sexual offender.
While he says he feels no guilt or shame about his criminal record, he laments he can probably never run for public office because his secret would emerge.
People keep secrets for all kinds of reasons.
Sam von Reiche, psychologist and success coach located in northern New Jersey, believes everyone has secrets to some extent.
"We all end up with some sense internally that we've done something wrong, or that there's something wrong about us and a little deceptive," she said. "I think that's just part of the human condition."
Generally, says von Reiche, "secrets do create a lot of separation from other people, and they also prevent you from feeling truly authentic." But psychologists say there are also situations where it might be better to withhold information from people, even close friends, if the revelation of secrets would cause more pain to you and others.
Abuse
Nancy, 21, is still dealing with her feelings toward her ex-boyfriend, who physically abused her. They were together for four months in college and then broke up -- at least, that's what Nancy's friends thought.
But secretly, Nancy went back to him after one week. She didn't want her friends to know because she knew they would think it was a bad idea.
"I was just convinced that he was going to change, and it was my fault," she said.
But he didn't change. Three months later, Nancy's relationship ended when, she says, she had to call the police because of his abuse.
Nancy, who also lives in the Midwest, has seen a therapist, but secretly longs for her ex despite the abuse. She found a website called Secret Regrets where people can anonymously share situations that no one knows about.
"I regret not being able to let you go," Nancy wrote in a post. "I came back to you for the second time when I knew exactly what was going to happen."
Kevin Hansen, who founded Secret Regrets, has collected about 25,000 confessions from people who are hiding something from a lot of people. The sentiment among many of them, he says, is "nobody else could possibly understand what I'm going through, so I'm not going to tell anyone." Anonymity makes it more comfortable.
Hansen "has always been passionate about helping people," according to the website. He studied psychology and human behavior while earning a business degree, "and now, he's discovered an amazing way to reach people struggling with the biggest regrets of their lives, and connect them with others who know what they're going through."
The feedback from other anonymous users has helped, Nancy said. Some of the messages said things such as "you got out a lot sooner than me."
Anyone who has secrets about abuse should seek professional help, says Bobbie McDonald, a psychologist in Newport Beach, California. Revealing details of an ongoing situation can be risky, as an abuser's behavior can be unpredictable. A counselor, psychologist or expert at a hotline can help put the person in touch with the right resources.
Abortion
Irene, 23, found out she was pregnant in August 2009. Her boyfriend at that time didn't want her to keep the child. Initially she wanted to go forward with the pregnancy, though she later changed her mind.
Irene, who lives in the South, didn't tell anyone in her family about the pregnancy until after the fact. Her mother didn't speak to her for two weeks, but eventually calmed down, she said.
Everyone she has told has been supportive about it, but it's not something she shares with everyone. Her grandparents, for instance, still don't know. Like Nancy, she found support on the Secret Regrets website, where women in their 60s tell her things will get easier with time.
The pregnancy and abortion used to be a source of shame, and Irene used to cry about it a lot. These days, she is able to tell herself that she made the right decision. She was able to finish school and move on from a dysfunctional relationship with her former boyfriend.
"Self-forgiveness is always critical to helping someone move past whatever secret that is," von Reiche said. She sometimes gives clients take-home exercises -- write down 15 reasons that you forgive yourself, for example.
Lifestyle choices
The skeletons that Rachel keeps in her closet are actually costumes. Tucked away in her studio apartment are a wolf's head and a full leopard outfit.
Rachel, 26, doesn't want her co-workers to know that she's a "furry."
Portrayals in popular culture may suggest the furry movement is about having sex in animal costumes, but for some people that's not part of it at all, she said.
Individuals may define "furry" differently, but in Rachel's view, furry fandom consists of people who enjoy cartooning, fantasy and humanized creatures. It's a way of identifying yourself through animal characteristics, she said, and some furries just appreciate the artwork.
Rachel herself lives in the Midwest and is an artist on the side, drawing humanized animal characters. She particularly identifies with the hyena that she draws a lot.
As much as she enjoys going to furry conventions, she tries to keep that under wraps at work. She's a manager at a Web software company and wants to maintain a certain level of professionalism.
"If people knew I had this whimsical side that likes to dress up and goof off, and that I draw cartoons in my spare time, that might seem kind of off-kilter," she said.
It's important for people to be comfortable and confident with all parts of themselves, McDonald says. But there are situations where revealing part of your identity would do more harm than good.
"It can be unhealthy to reveal certain parts of ourselves if there are people close to us that would be very unaccepting of it, because of the pain and the separation that that would cause to reveal that," McDonald said.
Affairs
"My biggest regret is that I ever started cheating on my husband," says a post on the Secret Regrets site. "Every time I do it, I say it's the last time, but it never is. I don't know how to stop, and I feel so guilty about it."
It's a secret that psychologists often hear -- that someone has cheated on a spouse.
If it's a one-time transgression -- perhaps a fling on a business trip -- it might be worth keeping that a secret from your partner, said Karen Sherman, a psychologist in Long Island, New York.
Some therapists might say honesty is important if there is to be healing in the relationship, Sherman said. But her own view is that it depends on the individual case. "Sometimes there really is more damage caused by telling it," she said.
However, if you're involved in an ongoing affair and living a duplicitous life, you should end one relationship or the other, McDonald said. "I think it's important to really take the time to introspectively look at all aspects of your situation."
The purpose of secrets
Shame, fear of embarrassment or fear of not being accepted often are the motivation behind keeping something secret.
But the anxiety that comes with some secrets isn't entirely bad, von Reiche said. Like nausea, "anxiety is your mind's way of telling you that something you are carrying needs to be purged," she said.
In other words, you may feel better if you get it out in a safe place, such as by confiding in a trusted friend, family member, community leader or mental health professional.
Therapists will keep your secrets except under certain conditions, such as if you are endangering yourself or others -- that's mandated by federal and state laws. If you are having suicidal thoughts, this is not a secret you should be alone with. Call the National Suicide Prevention Lifeline.
But the main message in many of these scenarios is that you should weigh the consequences -- both to you and someone else. Think about whom you tell, how that person will react and whether you will both be better off.
"If the world were ready to be accepting of everyone, it would be a better place," McDonald said. "In an ideal society, we would have no secrets. Do I think that's likely in your lifetime or my lifetime? No."

Friday, 12 October 2012

Still they torment us with the possibility of Pennsylvania

Still they torment us with the possibility of Pennsylvania: Still they torment us. With hope for Republican victory in Pennsylvania, via Real Clear Politics, h/t Charles:
Poll Date Sample MoE Obama (D) Romney (R) Spread
RCP Average 10/1 – 10/9 47.8 43.3 Obama +4.5
Rasmussen Reports 10/9 – 10/9 500 LV 4.5 51 46 Obama +5
Philadelphia Inquirer 10/4 – 10/8 600 LV 4.0 50 42 Obama +8
Susquehanna 10/4 – 10/6 725 LV 3.7 47 45 Obama +2
Siena 10/1 – 10/5 545 LV 4.2 43 40 Obama +3
This is cruel and usual punishment.

Thursday, 1 March 2012

Microsoft unveils Windows 8

Microsoft unveils Windows 8: Microsoft unveiled Windows 8 for public testing on Wednesday in the hope that it will help the brand win back some of the ground it has been losing to Apple and Google.


Judge tosses graphic tobacco warnings

Judge tosses graphic tobacco warnings: In a 19-page ruling, a federal judge has tossed a mandate requiring tobacco companies to place graphic images on their products warning of the dangers of smoking.


White House, GOP talk compromise

White House, GOP talk compromise: Republican leaders and the White House sent signals Wednesday of possible detente on jobs and energy legislation, but they offered few specifics and congressional Democrats questioned whether any progress would ensue.


Judge tosses graphic tobacco warnings

Judge tosses graphic tobacco warnings: In a 19-page ruling, a federal judge has tossed a mandate requiring tobacco companies to place graphic images on their products warning of the dangers of smoking.


Same-sex marriage to be law in MD

Same-sex marriage to be law in MD: Maryland will join six states and the District of Columbia on Thursday when its governor signs into law a bill legalizing same-sex marriage.


Opposition: 'No news from Baba Amr' after Syrian assault

Opposition: 'No news from Baba Amr' after Syrian assault: The fate of the center of resistance in the city of Homs is unclear after what the opposition called a full-scale assault by President al-Assad's forces.


Disabled cruise ship reaches Seychelles

Disabled cruise ship reaches Seychelles: A disabled Italian cruise ship, the Costa Allegra, reached port in the Seychelles Thursday.


Disabled cruise ship reaches Seychelles

Disabled cruise ship reaches Seychelles: A disabled Italian cruise ship, the Costa Allegra, reached port in the Seychelles Thursday.