Life after power: Nigeria’s Goodluck Jonathan gets a second chance

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Retired Nigerian president Goodluck Jonathan may seem a surprising choice for UN Special Envoy on Crisis Management given his lassitude over the Chibok girls’ crisis.

Former President Goodluck Jonathan on an electoral observation mission in Liberia in 2017. REUTERS/Thierry Gouegnon

When UN Secretary-General António Guterres appointed Goodluck Jonathan as his Special Envoy on Crisis Management in early October it was the first time Jonathan was in the limelight since his presidency ended on 29 May 2015.

These days, he is trying to enjoy a quiet retirement with an occasional foray into diplomacy and local politics.

But we shouldn’t forget his remarkable political career.

As the first sitting president in Nigeria to accept defeat in an election, Jonathan won a lot of kudos for his democratic credentials, telling his compatriots that fighting over the vote was not worth a single drop of blood.

He has also earned ridicule and suspicion in his retirement for having presided over a government that allowed billions of dollars to be funnelled out of the country in suspect oil deals.

The best of luck, the worst of luck

Jonathan was dubbed the ‘accidental President’ when, in February 2010, he became acting head of state after his boss Umaru Musa Yar’Adua was incapacitated by kidney disease. Four months later, Jonathan became substantive president when Yar’Adua died.

Before Jonathan, no other politician from the Niger Delta had made it to the presidency.

  • It is the Delta region’s oil wealth that makes Nigeria the biggest producer in Africa and finances the country’s superclass. Yet the Delta is mired in penury and environmental degradation while federal security forces crack down on its opposition movements.

Jonathan was the only politician outside the military, aristocratic, political or business elite to reach Nigeria’s highest office. Since independence in 1960, all the other heads of state have been drawn from a ruling class of privileged families spanning the officers mess, the polo grounds and the elite academies.

Corruption creates a vacuum

The son of a fisherman, with a PhD in environmental science, this political outsider was drafted as a running mate to the mercurial Diepreye Alamieyeseigha in the Bayelsa state elections in 1999. When Alamieyeseigha was arrested in Britain, Jonathan stepped into the governor’s job.

Jonathan was picked as running mate to Yar’Adua in the 2007 elections after the most prominent candidates had been ruled out by the anti-corruption agency. Three years later, Jonathan was president. And he and the People’s Democratic Party (PDP) went on to win the 2011 elections in the face of accusations of widespread fraud, followed by violent clashes in northern Nigeria.

At first, Jonathan appeared to be a reluctant, as well as an accidental president. Jonathan never looked at ease in the spotlight. Neither did he look in control of the government, let alone the armed forces at a time when the country’s security threats were escalating.

That reluctance may have made it easier for Jonathan to place that call to his rival Muhammadu Buhari in March 2015, conceding defeat in the presidential elections to the opposition coalition, the All Progressives’ Congress.

In the disputed polls four years earlier Jonathan had beaten Buhari by 10 million votes. But by 2015 some of Jonathan’s key allies had defected to Buhari’s camp.

In retirement, Jonathan shuffles between his country house in Otuoke in Bayelsa state and a duplex in Abuja. He turns up at international and local conferences, speaking about political tolerance at a time when the mainstream discourse is heading the other way. On the strength of his acceptance of defeat in the 2015 elections, Jonathan has led several election observer missions across Africa.

Boko Haram mistakes

Guterres’s choice of Jonathan as his Special Envoy on Crisis Management might seem bizarre, however, given the Jonathan government’s record on dealing with the Boko Haram insurgency in north-east Nigeria.

Jonathan reached his lowest ebb when he failed to act with any urgency when the news broke of the abduction of over 200 schoolgirls in Chibok by Boko Haram fighters. An international #BringBackOurGirls” campaign was launched, winning support from figures such as Michelle Obama and Oprah Winfrey.

As many as 100 of the girls are still missing, others are known to have forced into marriage. Even in retirement, Jonathan can’t escape the crisis.

Britain’s former Prime Minister David Cameron referred to the abductions in his memoir, For the Record, published this year:

  • “As the ‘Bring Back Our Girls’ campaign spread across the world, we embedded a team of military intelligence experts in Nigeria and sent spy planes and Tornadoes with thermal imaging to search for the missing girls. Amazingly, from the skies above a forest three times the size of Wales, we managed to locate some of them. But Nigeria’s President, Goodluck Jonathan, seemed to be asleep at the wheel. When he eventually made a statement, it was to accuse the campaigners of politicising the tragedy. And, absolutely crucially, when we offered help to rescue the girls we had located, he refused.”

As Cameron’s accusations were reported across Nigeria this year, Jonathan fired back, issuing a statement that claimed Britain’s former Prime Minister hated him because he had frustrated the campaign to legalise gay marriage:

  • “As President of Nigeria, I came under unbearable pressure from the Cameron administration to pass legislation supporting LGBTQ Same Sex marriage in Nigeria. My conscience could not stomach that because, as President of Nigeria, I swore on the Bible to advance Nigeria’s interests and not the interest of the United Kingdom or any foreign power.”

Instead, in January 2014 Jonathan signed into law the Same-Sex Marriage Prohibition Bill, which had been backed almost unanimously by the National Assembly.

But the story doesn’t end there. In mid-2016, Jonathan pitched up in the offices of Bloomberg News in London’s business district to hold forth on politics and morality. It was a foreign tour, partly organised by the Crosby Textor lobbying company, whose chief executive Lynton Crosby is close to Britain’s Conservative Party.

On this occasion Jonathan’s message was different again. He told the bemused journalists in Bloomberg’s briefing room that it had been a serious mistake for Nigeria to outlaw same sex marriage and, in the interests of social tolerance, he had changed his mind on the issue.

But in the crush after the briefing, Jonathan was less than forthcoming when journalists tried to quiz him about a report in Britain’s daily The Sun that he had bought a 1,100m² house on the St George’s Hill Estate in Weybridge, where the going price for such property is between $14m and $20m. His minders quickly ushered him into a side room.

Oil money mystery

Although the current government in Nigeria blames Jonathan for many of the country’s woes, there seems to be a clandestine pact between Buhari and his predecessor not to prosecute the former first family. The closest that the police have come so far is getting Mrs Patience Jonathan to forfeit billions of naira and other monies in foreign currencies to the government.

Jonathan’s name has cropped up in the trial of international oil company officials in Milan linked to the sale of the OPL245 licence to Royal Dutch Shell and Italy’s ENI. Documents in the case accuse Jonathan, a friend of former oil minister Dan Etete, of benefiting from corrupt payments to secure the licence. Jonathan, however, denies all wrongdoing.

Colonel Sambo Dasuki, national security adviser in Jonathan’s government, remains in detention despite court orders for his release. Robert Azibaola, a cousin to Jonathan, was acquitted in May. He had been held for months on charges linked to a $40m fraud cause said to have involved Dasuki.

Some business people say the Jonathans have taken significant shares in commercial banks, but little evidence has been produced so far. Always a supportive wife, Patience is by far the stronger-willed of the duo, and is said to be running the family’s business ventures.

Little influence at home

Many former presidents like to throw their weight around and influence local elections, but Jonathan barely calls the shots in the Bayelsa State chapter of the PDP, now in opposition.

His attempt at installing his own candidate for the governorship elections in Bayelsa due in November fell flat. He was comprehensively outmanoeuvred by outgoing governor Seriake Dickson.

At the national level, Jonathan still has some loyal followers but is essentially a figurehead with little political influence. He looks set to end up as an amiable lightweight serving on PDP committees or its Board of Trustees.

It may seem an appropriate fate for the unassuming university lecturer who rose to become the first president of Niger Delta origins but disappointed so many of his supporters after he won power.

Written By Eromo Egbejule

This article appeared first on The African Report

“Women Deserve Better Reproductive Experience”- Fabamwo

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The Chief Medical Director (CMD) of the Lagos State University Teaching Hospital (LASUTH), Prof. Adetokunbo O. Fabamwo while delivering a lecture at the National Women’s Conference of Committee of Wife of Lagos State Officials (COWLSO) with the theme ‘Unlearn, Learn and Relearn: 21st Century Women’s THEMES Perspectives and Approach’, on Wednesday, 23rd of October, 2019 reiterated that women deserve better reproductive experience.

The Professor of Obstetrics and Gynecology while presenting his lecture titled ‘Maternal and Neonatal Mortality’, at the 19th edition of COWLSO, stated that pregnancy bleeding, hypertensive disorders, unsafe abortion, obstructed labour/ruptured uterus and infections are the major causes of maternal mortality.

The CMD lamented that over the 600, 000 maternal deaths are recorded per minute and one out of thirteen women die from pregnancy-related causes, stressing that Nigeria is only second to India in terms of high maternal mortality rate.

He expressed succinctly that women empowerment, women education, nutritional education, advocacy and awareness campaign about available health services and sex education are ways of reducing the rates of maternal and neonatal deaths in Nigeria.

Prof. Fabamwo, however, tasked concerned authorities on continuous training of health workers, supply of drugs and consumables, community education to make early decision to seek care, upgrade of health facility of primary level especially 24 hour services, institutionalize Emergency Obstetric Care in all health facilities, improve referral system, community blood donor associations, community loan schemes, maternity waiting homes, increased healthcare funds, maternal and perinatal death reviews, adoption of PHCs.

He concluded by urging that COWLSO to play such as advocacy, health education and community outreaches because women in Nigeria deserve a better reproductive experience than they are currently having and babies also deserve to live longer in better health.

Enyo Hosts Second Edition Of Its Safety And Transporter’s Forum

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Enyo Retail & Supply, leading fuels retailing company has concluded the second edition of its annual safety drivers and transporter’s forum. The event which took place on October 23rd, 2019 at Enyo service station, Ibafo was aimed at sensitizing its truck drivers and transport service providers on the importance of road safety and security in Nigeria.

Recognizing that more people ply the road during the Yuletide season, the forum had over 70 drivers and 14 transporters in attendance and focused on safety during the ember months. The chairman of Federal Road Safety Corps (FRSC) and the Lagos State Traffic Management Authority (LASTMA) were present to brief participants on the need to exercise extra care and adhere to traffic rules when transporting fuel products during this period. As part of the program, health professionals were present to sensitize the drivers on the importance of stress management as the well-being of the driver is imperative to a good job performance.

Commenting on the initiative, Corporate Development Lead, Enyo Retail and Supply, Olabanjo Alimi, said, “This forum was organized to address the frequency of road accidents that arise as a result of driver’s negligence. Safety at all times is key at Enyo Retail and we are committed to transporting our products whilst observing global best practices. By sensitizing our drivers and transporters on safety measures to take during this period, we are letting them know that they are valued and what they do is very important”.

Mr Olabanjo Alimi, also noted that the event was also an opportunity to commend ENYO truck drivers who have observed safe driving measures, thereby awarding consistency in their overall delivery. “On behalf of Enyo, I am pleased to congratulate all our distinguished drivers for adhering to road safety rules and regulations. As our unofficial ambassadors, we are committed to ensuring their lives and that of their circles of influence or communities are positively impacted. Their tenacity and continued pursuit of excellence are vital to the success of Enyo and are not taken for granted”.

The Unit Commander, Mowe Ogun State, Federal Road Safety Corps (FRSC), Lucas Oguntade commended Enyo Retail for its continued efforts at impacting the lives of blue-collar workers in the Nation. According to him “It is vital to invest in this labour force as this contributes greatly to capacity building and our economic development. We are proud to be associated with Enyo and we look forward to doing more with them”, he added.

One of the beneficiaries, Godsway Abdul, expressed his appreciation saying, “I thank Enyo for hosting this event for my colleagues and I. We have learnt a lot regarding safety and security not only when transporting fuel products but also in our day-to-day life”.

Since its inception in 2017, the leading fuels retailing company has grown to a total of  80 stations and moves an average of 22 million litres monthly with an active fleet size of over 130 trucks, 14 transport service providers and intends to grow to 120 stations and double its fleet size by 2020.

Nigeria Must Develop A National Technology Agenda For Competitive Advantage In Global Economy – Verraki

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Leading business and technology solutions firm, Verraki Partners, has called on the Nigerian government, working in collaboration with the private sector, to urgently develop and begin to execute a national technology agenda, that will be distinctly Nigerian and will improve our competitiveness in the global economy. Speaking to journalists on the sidelines of the recently concluded 25th Nigeria Economic Summit, Senior Manager for Technology Application Services at Verraki, Olatunde Olajide who facilitated the summit’s Industry Breakfast Meeting on Information and Communications Technology, advocated the need for Nigeria to overturn its perceived unwelcome stereotype and emulate countries like Israel, China, Singapore and South Korea that have all articulated and implemented a national agenda which has in turn helped them to create specific niches, improve their reputation while fostering economic growth.

In his submission, though Nigeria boasts of Africa’s largest young population, bursting with entrepreneurial energy, tremendous resolve, resilience and creativity, the nation is yet to articulate a holistic agenda as a counternarrative to the damaging reports of fraud, corruption and unemployment. He asserts that this biased perspective has a negative impact on the country’s perception, creating a drawback to our ability to attract new investment and ultimately our future economic potential.

In pressing for a national ICT agenda, Olajide quoted “Following its release of an Artificial Intelligence Development Plan, China outlined AI as a national priority, expressed its commitment to building a domestic AI industry worth US$150 billion and leading AI globally by 2030. China has already introduced AI pilot programmes in hundreds of schools and training teachers to implement the new curricula throughout the country. Nigeria must define what its strategic ICT agenda is, in the global economy and work towards this”.

He continued “There is a lot Nigeria can do in a global economy; Nigeria is home to the leading hubs for entrepreneurship on the continent thanks to several strengths, including our resilient entrepreneurs,  a growing number of engaging international investors, a huge population with increasing access to technology, a growing number of startup support organizations active in the ecosystem, over 84 million hectares of arable land with less than half cultivated for agriculture production, our creative industries especially music and Nollywood, a booming billion dollar film industry. We must harness these strengths to determine how best we can play in the global economy”.

Olajide also highlighted the importance of local content and skills in the country’s IT agenda and encouraged local enterprises and governments to patronize companies with Research & Development, Product Development and Manufacturing operations in Nigeria to help in developing natonal technology competence. “China, South Korea, Japan’s competencies were not built in a day. I remember people scorned Asian (Japan, South Korea and China) cars some decades ago. The path to development is an iterative process and we must encourage our local players so they can improve. Given the low national literacy level of 66%, we need to aggressively scale digital literacy training for teachers, students, and others while also establishing systems and structures for protection of contents and IP rights of our inventors and entrepreneurs”, he concluded.

The 25th edition of the Nigerian Economic Summit, a public-private dialogue held recently in Abuja and was supported by Verraki Partners. Since its inception, NESG has promoted its activities around six fundamental principles of the economy. It includes a commitment to a

Free Market Economy, encouragement of Private Sector Investments, Creation of an Enabling Environment, Good Governance in the National Interest, Rule-Based Economy and the Establishment of Economic Foundation for Democracy.

Verraki is focused on implementing technology and business solutions designed inherently for Africa and fit for purpose, while curating business ventures that would contribute to unlocking new sources of growth across the continent. Led by foremost corporate professionals as well as former Accenture leadership in Nigeria, Verraki will apply its global expertise and local insights to partner with enterprises and governments to accelerate the development and transformation of Africa by providing business solutions uniquely tailored for Africa.

Does Work Make You Happy? Not So Much If You’re In Developed World

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There’s a lot of focus these days on doing what you love, and happiness in the workplace.

It is, after all, where most people spend the majority of their day.

Buzzwords like work-life balance, flexible workplaces, and remote workers are some trends illustrating the evolving nature of the workplace as employers try to do more to retain workers amid growing scrutiny on how we work.

In an Ipsos Global Advisor survey across 28 countries, we asked more than 20,000 people how happy does having meaningful work/employment make them?

People around the world ranked having a meaningful job 13th out 29 possible sources of happiness. Things like health, living conditions, hobbies, safety, having meaning in life, friends and more money all came above having meaningful work.

The top 10 countries that ranked having meaningful work as source of happiness highest were all emerging markets – Colombia (90%), Peru and Mexico (89%), South Africa and Argentina (88%).

And the bottom 10 countries? All were developed economies – with the exception of Serbia (74%) at No. 8.

Countries where least view meaningful work as happiness source:

  • Japan (58%)
  • Canada (63%)
  • France (67%)
  • Great Britain (71%)
  • U.S., Belgium, Germany (72%)

Sonja Lyubomirsky, Professor & Vice Chair of Psychology at University of California Riverside, said the findings may reflect Western nations’ preoccupation with happiness more than others, because people in these countries have the “luxury” to think about meaningful work since most of their basic needs are met.

“We don’t have to focus on meeting them [basic needs],” said Prof. Lyubomirsky. “So, if emerging nations are doing ‘better’ and meeting people’s basic needs  ̶  for shelter, safety, hunger, etc. ̶  more often, then their residents have the luxury to worry about whether their lives or jobs are meaningful.”

Stew Friedman, Wharton School of Business Professor at University of Pennsylvania, said more people in emerging markets could also be in jobs that don’t have much significance in their impact on employees’ lives.

“They could be in roles that don’t have opportunities for people to express their talents in ways that give them a sense of meaning and purpose in their work,” said Prof. Friedman, author of Total Leadership. “So, they are hungrier for it and it’s therefore more important to them.”

Not wanting to live like their parents

The findings also showed that younger people were more likely to rank having a meaningful job as a source of happiness compared to the older generation.

People aged under 35 were most likely to view having meaningful work as a source of happiness (85%), followed by those aged 35 to 49 (84%). This as a source of happiness dropped by 18 percentage points when it came to those aged 50 and over (66%).

Prof. Lyubomirsky, author of The Myths of Happiness, said these findings reflect a lot of research that suggests millennials care more about work-life balance and having a meaningful job.

“Perhaps older folks did not emphasize selecting a meaningful job when they were starting out, and maybe now are regretting it,” she said.

Prof. Friedman, who founded the Wharton Work/Life Integration Project in 1991, adds that people don’t want to live the same kind of lives as their parents. They don’t want to devote themselves entirely to work.

“Now companies are competing with each other to demonstrate how friendly they are to the family and social lives of their employees,” said Prof. Friedman. “In many ways, younger people are demanding that they have a life beyond work and that work not be all-consuming.”

Globally, things like hobbies and interests and feeling that life has meaning (85%), feeling in control of their life and satisfaction with the direction their life is going (84%) and the amount of free time they have (82%) all ranked above having a meaningful job as a source of happiness.

Having a social impact

On the other hand, Prof. Friedman said that the results are consistent with his own research that shows young people are more interested in having a positive social impact through their work.

“This is not at all surprising and it’s a good thing, of course, as the world becomes more frightening and fragile on every dimension.  Certainly, younger people are more aware of all those issues because of greater access to information,” said Prof. Friedman.

“They are more aware of how important it is to have meaningful work to try to make the world a little bit better.”

More than half of the people under the age of 35 (52%) said feeling that their life has meaning gives them greatest happiness, compared to 48% of people aged 35 to 49, and 41% of those aged 50 to 74.

West Africa’s largest mall might be under pressure

Since it was completed in 2014, West Hills Mall has been the largest modern shopping centre in West Africa. At 27,700m², it trumps the 24,000m² Ado Bayero Mall in Kano, Nigeria (also completed in 2014) and is larger than the 25,000m² Jabi Lake Mall in Abuja, Nigeria, which opened in late 2015. Though the centre opened with a healthy mix of local and largely South African tenants, vacancy levels have risen sharply as the Foschini group, which brought up to 4 brands into the mall, and large sub anchor Edgars, are leaving.

West Hills Mall in Greater Accra, Ghana. Image Source: ARC Architects

The Foschini Group operates the American Swiss, Sportscene, Markham, Foschini and @Home shops at a block in the Eastern entrance of the mall, while Edgars, a subsidiary of Edcon Limited (who also own the Jet brand), operates a large block close to the centre of the mall.

Block of Foschini Group Stores outlined in red. Edgars stores during clear out sales in September 2019.

Speaking on the exit, West Hills Mall management released a statement in April saying: “The Foschini Group is reviewing its business strategy across Africa and has made a decision to pull out of Ghana and not just West Hills Mall… For West Hills Mall, this development, unfortunate as it may be, has offered an opportunity to introduce a new and exciting mix of local and international tenants to serve our customers. Management continues to review strategies on an ongoing basis to replace vacancies that emerge in the course of business, with brands which resonate with Ghanaians and meet demands of the local market.”

Their statement highlights a crucial point, the need to incorporate the right international but more importantly, indigenous/local tenants who can ensure some longevity. This is because indigenous retailers, who are not usually exposed to as much foreign exchange risk, typically understand local nuances and will almost always withstand market shocks better. Though progressing well, many indigenous West African retailers are still in the process of establishing themselves, and not all are entirely comfortable with the idea of occupying malls from a strategic or pricing standpoint. This has not been the case with retailers in Eastern Africa or the well known South Africa retailers. We need to pay more attention to this when retail investments are being executed in the region.

Approximately 5 years ago when the mall was set to launch, Johan Venter, Ghana retail manager for the group explained to The Africa Report: “We want to create a ‘Little Dubai’ in Ghana”. Speaking objectively, the corridor along Western Ghana on the N1, where West Hills Mall is located is currently seeing an exciting growth story, with many new developments and even more young professionals or growing families buying homes nearby. Large scale projects under construction in the region include the Eden Heights Multiplex, which should deliver over 1,250 apartments and the Fortune City Estate. Other fast-growing nearby neighbourhoods close by including McCarthy Hills, Dansoman and the small Bortianor beach town.

Eden Heights Multiplex. Image Source: Eden Heights

The shopping centre was meant to be the cherry on the top of this growth cake. The problem, however, is that the growing population or rising urbanisation narrative is not enough. For developments of this size, the demographics are not enough. While there are many other factors that are affecting retail performance including unstable currencies, weak purchasing power, unfriendly policies or even construction costs, the depth and availability of tenants in the market who can withstand the ramp-up period for this growth to play out are crucial, even more so in an out of town location like Weija.

West Hills Mall in Greater Accra, Ghana. Image Source: ARC Architects

Even with the exit of Foschini and Edgars, the largest occupiers of space in the mall (anchors and sub anchors) are still foreign retailers. A few examples include Game, Shoprite, Silverbird, Jet, and the slightly smaller Mr. Price store. This presence of international retailers does not present a problem, but moving forward greater efforts need to be made in incorporating more local retailers.

To ensure the survival of retail centres within West Africa, the most notable directional shift so far has been the decision for most players to develop smaller centres and drill down on efficient engineering to ensure that construction costs and by implication rental costs can be reduced. These are among the points we noted in our 2017 Report – Boom and Bust: The Past and Future of Nigerian Retail. For the market to grow in the long run however, developers, investors, and franchisors need to come together to figure out how we can deepen the tenant pool.

Project Profile

  • Name: West Hills Mall;
  • Location: Weija Region, Accra – Ghana;
  • Developer/Investor: Delico, an investment company incorporated in Mauritius and controlled by Atterbury Africa and the Social Security National Insurance Trust of Ghana (SSNIT);
  • Architect: ARC Architects;
  • Main Contractor: WHBO;
  • Size: 27,700m²;
  • Completed: October 2014.

Culled from EstateIntel

Possible implications of CBN’s OMO ban

CardinalStone Research
The Central Bank of Nigeria (CBN) recently announced the exclusion of non-bank locals (individuals and corporates) from participation in its Open Market Operations (OMO) at both the primary and secondary market. The exclusion implies that only Deposit Money Banks (DMBs) and Foreign Portfolio Investors (FPIs) can participate in OMOs, while everyone else, including non-bank financial institutions, will have to shift focus to T-bills and other investment options. We believe the CBN’s policy is largely in line with its drive to divert liquidity away from risk-free instruments to the real sector. Prior to the current move, the apex bank instructed banks to prevent customers with outstanding loans and recipients of intervention funds from investing in T-Bills or OMOs. Restricted from participation in OMO transactions, retail and institutional actors will have to seek alternative destinations for their funds, creating extra liquidity in other assets. Below are the likely implications of the restrictions on a fixed income, equity markets and the macro economy.
Fixed Income
The most suitable alternative for OMO bills will be an investment in government T-Bills as they are similar in tenor and have been largely interchangeable in recent years. We, therefore, expect to see increased demand in the bills market and at subsequent NTB auctions through the year, given that c.27.7% of total OMO maturities (c.N1.2 trillion in November and December alone) due to non-bank locals cannot be rolled over in coming months. This, together with NTB maturities and other autonomous inflows, is expected to drive yields lower at the secondary market (both the bond and money market). On average, yields declined by 15bps across the bills curve and 4ps in the bond market yesterday, the first trading session since the release of the circular.
Figure 1: Breakdown of the outstanding balance in OMO bills
Click here for the full report

New Poll Reveals an Increase in Betting Population in Nigeria

Abuja, Nigeria. October 22nd, 2019A new public opinion poll released by NOIPolls has revealed a rising trend in gambling and betting as 39 percent of Nigerians polled acknowledged that they either engage in or know someone who engages in gambling and betting in the country. This figure represents a 3 percent increase in the proportion of Nigerians who engage in this practice when compared with the result obtained in 2017 (36 percent). More findings showed that there are more Nigerians in the Southern region (averagely 47.7 percent) than the Northern region (averagely 34 percent) who engage in this practice. Also, betting has become a growing trend amongst young Nigerians aged between 18 – 35 years as they accounted for the largest proportion (47 percent) of Nigerians who engage in the practice, representing an increase of 6 percent when compared to 2017 results. According to report by News Agency of Nigeria (NAN), about 60 million Nigerians between the ages 18 and 40 years spend up to N1.8 billion Naira on sports betting daily with an average investment of N3,000 Naira per day.

Furthermore, the poll revealed that out of the active participants (39 percent) across the country, 54 percent of this category of respondents daily. On the other hand, a meagre 2 percent of the respondents in this group claimed to win a bet daily. Interestingly, 10 percent reported that they have never won a bet and more of respondents in this category are residents from the North East (19 percent) and South East (16 percent).

Gambling and betting have its positive and negative sides. However, considering the high unemployment figures in the country, the impact of the industry in the nation’s economy has been positive as it has created thousands of jobs directly and indirectly. For instance, some bookies have a large staff strength and through their associate and affiliate networks, they offer agents a source of livelihood from commissions earned as people engage in betting.  On the other hand, the reality is that gambling and betting leave a lot of people (especially the country’s bulging youth population) worse off than they started. In most cases, they experience financial losses, reduced productivity and an even more dangerous gambling/betting disorder such as addiction. It is, therefore, pertinent to ensure that the industry is well regulated particularly as it relates to the age restriction. These are the key findings from the Gambling and Betting Poll conducted by NOIPolls in the week commencing September 30th, 2019.

The Nigerian betting industry has continued to expand by benefitting from the large youthful population, improving internet penetration and the increasing access to internet-enabled devices. Sports betting has slowly emerged as a lucrative sector, leveraging Nigeria’s huge football culture. For instance, according to a recent news report, Nigerians spend over ₦730bn annually on sports betting and at least two billion naira is generated daily.[2] This figure is massive and has the propensity of climbing higher in the coming years according to experts. Additionally, in terms of participation, it is on record that an estimated 60 million Nigerians bet daily which is about 30 percent of the population.

In recent years, the industry has enjoyed high patronage in Nigeria likely triggered by the high rate of unemployment in the country thereby, creating a viable environment for the bookies. Gambling and betting have its positives and negatives; as sometimes punters win and lose their bets and typically either of these outcomes can lead to depression, debts or debilitating gambling habits.

Trend analysis shows a 3 percent increase in the proportion of Nigerians who engage in this practice when current findings are compared with the result obtained in 2017.

In terms of frequency of gambling and betting, out of the active participants (39 percent) in the country, 54 percent of Nigerians acknowledged that they engage in betting daily. North Central zone (63 percent) has more residents who bet on a daily basis followed by the South West zone (60 percent) while the South East zone has the lowest proportion (42 percent) followed by Now East at 47 percent.

When current results are compared with the results obtained in 2017, trend analysis indicates a 1 percent increase in the proportion of Nigerians who say they bet daily.

Subsequently, the further probe showed that 35 percent of the respondents disclosed that they ‘rarely’ win a bet, this is followed by 29 percent who win ‘a few times in a month’. While 10 percent claimed that they have ‘never’ won any bet, 2 percent indicated that they win ‘daily’.

Trend analysis indicates 2 percent increase in the proportion of Nigerians who have never won a bet and a decline in 1 percent in the number of those who win on a daily basis.

In conclusion, this current poll by NOIPolls has shown that there is a rising trend of gambling and betting in Nigeria, particularly among the country’s growing youth population. Our previous findings revealed that this trend is mostly driven by the quest for quick money, unemployment, greed and economic hardship amongst others. However, our concern is that while betting and gambling may serve as an avenue to pool surplus funds from the economy for savings and investment purposes; the side effects of this practice on the population, especially youths may have a negative multiplier effect on the country. Therefore, NOIPolls advise that there should be a strong restriction on the age limit and bookies should be strictly monitored by the regulatory body to ensure they comply with the set rules and regulations governing the industry.  Finally, regulators should ensure that they make an effort to carry out some form of sensitisation on the negative effects of gambling and betting.

Halza Announces New Joint Venture with Taiwanese Tech Company, iEi

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SINGAPORE
Media OutReach – 25 October 2019 – Singapore-based Halza announces their
partnership with leading industrial computer provider, iEi, to bring the Halza
APP to Taiwanese consumers and medical tourists visiting Taiwanese hospitals
and clinics.

Meet
Emily, the self-directed mom!

Say
Hello to Emily Chin. She loves her children more than anything else in this
world.

As a
young professional mother of two and a proud wife, she is responsible for
everyone in the family, including her partner and parents. They seek her warm,
tender support.

Tired,
late at night, after a full day of work with her international clients, she
looks in the mirror in her room and quietly smiles. Now, she has the time to
care for herself. As a pre-diabetic, she must make sure she also stays healthy.

Patients
manage their health with ease


The Halza
APP empowers Emily and her family by organizing all their medical records. It
is designed for intuitive use. On the go and 24/7, Emily can switch between her
own account, her children’s, her partner’s and her parents’.

With the
Halza APP, Emily is better informed and so are the family doctors, the
dentists, the paediatrician, the cardiologist, the gynaecologist, and the
endocrinologist that she visits.

Halza
helps Emily and her family. Halza helps EVERY family.


In a
mobile world, the consumer is central to everything. Healthcare is changing
globally. Health records are now with the patient.

Halza
— Keep Connected, Stay Healthy


iEi and
Halza are proud to announce their joint venture by bringing the Halza APP to
Taiwan for medical tourists and for the Taiwanese to manage their health more
effectively. Doctors are happy, they get through their work more efficiently.
Patients enter Taiwan with peace of mind as all their medical records are
securely stored on Microsoft AZURE and available to switch between 26
languages.

Halza
at the 2019 Healthcare Expo


Halza
will be showcased to the public and healthcare officials in Taiwan during
Healthcare Expo, December 5-8, Nangang Exhibition center in Taipei. The Halza
APP is available on Google Play and the App Store. Sign up for a free Halza
Social subscription and start benefitting today from the most consumer-friendly
digital healthcare APP globally available. 

Google Play: https://play.google.com/store/apps/details?id=com.Halza&hl=en_SG

App Store: https://apps.apple.com/us/app/halza/id1236734599

iEi
Halza Joint-Venture for Taiwan


iEi
Halza HealthIntelligence is the Taiwan-based joint-venture between Taipei-based
iEi Technology Inc and Singapore-based Halza. The joint venture is empowered to
bring Halza’s APP to Taiwanese consumers and medical tourists visiting
Taiwanese hospitals and clinics.

About iEi

IEI
Integration Corp. builds up the business as a leading industrial computer
provider and turns to artificial intelligence and networking edge computing. In
collaboration with our regional branches around the world, IEI aims at
developing a complete AIoT industrial ecosphere to become a leader in the
industry by integrating our diversified hardware products with flexible
software. Moreover, IEI continues to promote its own-brand products as well as
serving ODM vertical markets to offer complete and professional services,
including healthcare solution aims at decreasing human error in the workflow
and creating a paperless environment by utilizing IEI smart medical products.


About Halza

Singapore
based Halza, a member of the Nijkerk Group stores, track and shares medical
data. With Halza you can securely communicate in private with Doctors, family
and select friends. You and your family records are private. The Nijkerk Group,
a privately held Industrial Information Technology group with dual headquarters
in Singapore and Amsterdam has been iEi’s business partner since 1992.

Avnet and Infineon to support startups and incubators in Southeast Asia

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SINGAPORE – Media OutReach – 25 October 2019 – Avnet
Asia Pte Ltd
today signed a Memorandum of Understanding (MOU) with
Infineon Technologies Asia Pacific to jointly support startups and incubators
from technology-related sectors in Southeast Asia. Startups
and incubators will now be able to access Avnet and Infineon’s expertise, ecosystem,
and technological facilities to accelerate the process of bringing their
products to market.

Photo caption: The MOU signing ceremony between Avnet Asia Pte Ltd and Infineon Technologies Asia Pacific at the OktoberTech Asia Pacific 2019 event
Back row (L-R): Dr. Reinhard Ploss (Chief Executive, Infineon Technologies), Mr. Tharman Shanmugaratnam (Senior Minister, Singapore), Mr. Chua Chee Seong (President and Managing Director, Infineon Technologies Asia Pacific) and Dr. Ulrich Sante (German Ambassador to Singapore)
Front row (L-R): Mr. Lim King Soon (Vice President, Distribution Management, Infineon Technologies Asia Pacific) and Ms. Tan Aik Hoon (Regional President, South Asia, Korea and Avnet United)

The cooperation will give startups access to laboratory
facilities, technical support, and guidance in areas of solution design,
testing and certification based on Infineon’s products and manufacturing
services. To further develop the innovation ecosystem, Avnet and Infineon will
also collaborate with incubators to jointly organize workshops, seminars, and
events for stakeholders to discuss current and emerging technology trends.

 

Ms. Tan Aik Hoon, Regional President, South Asia,
Korea and Avnet United said, “Avnet has been at the forefront of enabling
innovation in the region. Our partnership with Infineon will allow us to
further enhance our innovation-enabling capabilities for startups at every
stage of the product lifecycle so they can get to market faster. We see great
potential in Southeast Asia as a region for the development of innovative
technologies with its thriving and vibrant entrepreneurial ecosystem.”

 

Mr. Lim King Soon, Vice President, Distribution
Management, Infineon Technologies Asia Pacific Pte Ltd said, “We welcome Avnet
in bringing onboard their expertise including IoT, design and supply chain that
greatly complements Infineon’s extensive portfolio of sensors,
microcontrollers, actuators and embedded security to develop the next
generation of intelligent applications and IoT solutions linking the real and
the digital world.”

 

Avnet provides an extensive ecosystem of experts to
support startups at every stage of the product lifecycle to bring their solutions
to market. By bridging ecosystem platforms such as element14.com, Hackster.io, Farnell and Dragon Innovation, Avnet helps engineers,
entrepreneurs and enterprises take their technology projects from idea to
design, and from prototype to production. By providing unique online
communities, design, supply chain and manufacturing services with testing and certification that are greatly
sought after by startups, Avnet effectively helps to reduce the time, cost and
complexities of bringing products to market.

 

To
learn more about how Avnet has been supporting startups, please visit https://www.avnet.com/wps/portal/us/resources/startup-resources/.

Follow Avnet on Twitter: @Avnet

Connect with Avnet on LinkedIn: http://www.linkedin.com/company/avnet

Connect with Avnet on Facebook: http://www.facebook.com/AvnetInc

About Avnet

From idea to design and from prototype to production, Avnet
supports customers at each stage of a product’s lifecycle. A comprehensive
portfolio of design and supply chain services makes Avnet the go-to guide for
innovators who set the pace for technological change. For nearly a century,
Avnet has helped its customers and suppliers around the world realize the transformative
possibilities of technology. Learn more about Avnet at www.avnet.com.