Tag: target

  • NPA eyes export to meet $1.2b revenue target

    NPA eyes export to meet $1.2b revenue target

    The Nigerian Ports Authority (NPA)  yesterday said it would go into strategic partnerships as well as encourage exports to achieve its  $1.2 billion revenue target for this year.

    Its Managing Director, Mallam Habib Abdullahi, who spoke in Lagos, said the agency was already reaching out to the Nigerian Export Promotion Council (NEPC) and the ministries of agriculture and solid minerals to work out other means of assisting in diversifying revenue sources for government, especially in growing exports for the country.

    According to the NPA chief, the agency may even surpass its target if current economic indices improve. He said the agency is also set to dedicate some port terminals to export hubs for agriculture and solid minerals. He said there are proposals for ports that will be solely dedicated to the export of agric produce adding that the Ilaje port in Ondo for was being proposed for solid mineral export.

    Abdullahi further stated that the NPA was already working out a strategy with the Nigeria Customs Service (NCS) on how to achieve this milestone, even as the terminal operators are also being re-oriented to support the success of the programme.

    He said this will not only help in the diversification of the economy, but also compensate for the revenue the ports are losing, as there is the urgent need to utilise the many containers that are lying idle in the ports and being taken away empty.

    According to him, NPA’s primary responsibility is to raise more revenues for government and work to assist in expanding the economy and ensure the nation’s dependence on oil is reduced significantly. He said the NPA is doing this by encouraging export promotion and foreign direct investment (FDI).

    He also stated that the agency is working  hard to ensure smooth operations at the ports. According to him, managemnt has so far developed an inter-modal type of transportation system, railways and motor roads within the ports to ease congestions in the Lagos and Port Harcourt ports, adding that the projects are 93 per cent completed.

  • My target is to score 25 goals, says Tornadoes’ Gata

    My target is to score 25 goals, says Tornadoes’ Gata

    Niger Tornadoes’ top striker,Ismail Gata believes he can score 25 goals in the Nigeria Professional Football League this season.

    Gata, who tops the goals chart with seven goals, stated that he’s hoping to score goals in every match to meet his season target.

    “I hope to stay fit and score goals in every match I play. I’m a striker and my duty in the team is to convert those chances and I’m hopeful that I’ll continue to score goals consistently,” he added.

    “The team spirit is splendid and that tantamount to everyone playing for each other.

    “My target this season is to score 25 goals and I know too well that it’s achievable. I will always do my best to help my team secure a win and also increase my goals tally.”

  • Our target is to meet our listeners on the go

    Our target is to meet our listeners on the go

    Boss of Abeokuta-based Rockcity FM radio, Niran Malaolu speaks on the challenges facing the print media, why he pitched his tent with radio broadcast and what a 21st century media chief executive needs to survive. He spoke to Gboyega Alaka in Abeokuta. 

    One would have expected you to go into print journalism, having made a name for yourself in that area. Was going into radio always on your radar?

    When I hear people talk about print, electronic and what have you, I marvel, because if you’re a properly trained journalist, you would have done what is called Mass Communication or Journalism; and usually you would have been trained in the media generally. For me as a person, maybe I have a background in print, but I always understood that for journalism to be business, you need to dig into research. As an editor, I was always worried as to why we have very low circulation in Nigeria. The golden days of Nigerian newspaper journalism was in the days of the Daily Times, when Mr Gbolabo Ogunsanwo was editor of the Sunday Times. At that time, Sunday Times was circulating close to 600,000 copies. As we speak, the entire print newspaper sales per-day in Nigeria is not up to 100,000.

    Are you certain about that statistics?

    Yeah, you can check. It’s the economy. The problem is that we give newspapers to vendors. For instance you’re a Lagos-based newspaper and you print 5,000 copies; then you put copies in a pick-up van on the road, with a driver and a circulation officer and they traverse the entirety of Lagos, Ogun, Osun, Oyo, Ekiti and Ondo State and then they drop 500 copies each. The following day, they go back and bring back say 380 unsold copies. Now you have to look at the cost – petrol, vehicle maintenance, human resources and all. Add that to the fact that agencies are not paying. So where are the media houses supposed to be getting their income from? But unfortunately, we as journalists don’t talk about these. We only complain about not being paid salaries. Journalists need to come together and discuss. How do we deal with circulation problems? How do we deal with the issue of poor reading habit? That is very easy and within our capacity. If we give interesting news and features, they will definitely read. The other one that is technical is the issue of circulation, while the other one that is legal, is the issue of agencies not paying.

    To answer your question, we did a research and found out that people tend to listen more to the radio. Don’t forget, the radio is a blind medium, and it doesn’t require that extra time you spend in reading newspapers. Once our mission is to inform our people, we thought the best thing to do is to go and meet them wherever they may be. We are a proper news station. We keep our people informed, do fantastic interviews and have fantastic current affairs programmes. And they do know that whatever they hear on this station is absolute truth.

    Is Rockcity FM deliberately restricted to Ogun State? Your signal in Lagos for instance, seems a bit low.

    I don’t think so. We’re licensed for Ogun state, but the signal gets to Lagos very well. However, I do not believe that everybody must be in Lagos. Why don’t we have city-based newspapers? The people we’re copying use the train to circulate newspapers. And it’s cheap. The Late MKO Abiola and a couple of publishers tried to have a collaboration, so that what the different newspaper vans are carrying can be done with just one vehicle, but it seems we lack the capacity for cooperation in this part, so that idea broke down.

    The popular opinion is that there isn’t a strong enough market in Ogun State; is the advert patronage adequate?

    If you’re talking in terms of advert patronage, the companies are in Lagos. So we have to go to Lagos, and those who have things to sell to those living here patronise us. When I was growing up, we had 12 states in Nigeria that were economic entities on their own. I remember Ibadan, Port Harcourt, Enugu, Kano, Kaduna, Jos. And they were developing in every facets of development. Recall that we had Mighty Jets in Jos, when we talk about football; Enugu Rangers in Enugu; Stationery Stores in Lagos; Sharks in Port Harcourt; IICC Shooting Stars in Ibadan; we also had bank headquarters in most of these cities. But somehow, we have unitarised everything and it doesn’t augur well for the development of our country.  And that is why we have ended up in this collect and distribute situation. Everything is concentrated in Lagos, and Lagos is saturated. We as journalists need to draw attention to this and generate solutions.

    One of Rockcity FM’s strongest features is allowing your listeners to speak with your numerous phone-in programmes. What informed that style?

    You need to study and understand what your people need or want, whether you’re a print journalist or electronic journalist. We did a research study and found out that Nigerians like to express themselves. When you have a nation of people who like to talk, it is very important that you aggregate those thoughts. On Friday for instance, we have what is called ‘Open Day’ on our Daybreak Show, where the people raise the agenda and talk about whatever they want. The people in that sense understand what governance is, but a lot of our people in government don’t understand what governance is. Government is there like a father to look after the need of the people. And any government that is not doing that is a failure.

    You once boasted that RockCity FM will never owe salaries. What gives you such confidence, especially in a terrain where even bigger broadcasting organisations have been known to owe?

    I have always being a reporter and I understand what it means to be owed salaries. I understand what it takes to go out and get stories, edit and produce a newspaper. A nation can only be built when you have a good media and media can only be made by good journalists. Nigeria has some of the most brilliant journalists. Unfortunately, the government thinks journalists are irritants. People who are doing such a job should not be made to lack to the extent that they’d be looking for round envelops. Our people must have a better deal, not raw deal.

    What does it take to be a 21st century media CEO in a third world economy like Nigeria?

    First of all I consider myself a professional student. You must learn to read and give knowledge every day. Several years back, we began with the print; and then the radio came and they said it was going to kill the print. It didn’t. Then television came and they said it was going to kill both the newspaper and the radio; again it didn’t. Now the social media or new media has come. Is it going to kill all the old traditional media? No. What we need to do is to have a new business module that is going to help us survive, and then go and meet our people where they are on the go. So a 21st century CEO needs to understand very well what the new generations are doing and then go and meet them there. You must keep abreast of developments in virtually every sphere, because journalism as far as I’m concerned, is life.

    Talking about your prison experience, you were supposed to have been convicted of ‘information gathering,’ which literally was, doing your job. Didn’t that threaten your resolve as a journalist?

    No. My foray into journalism was not by accident. I love my nation. You see that book there, ‘Why Nations Fail’ (pointing to his book shelf); it tells you that there is a need for us to believe in our country. I don’t believe that God made a mistake by creating us in this colour. We need to learn to understand and be conscious of who we are. And then God has given us certain resources to live by. We have to be able to harness them for the good of our people. For me every nation must go through a process of evolution. That I was part of the evolution of Nigeria is a sacrifice that was worthwhile. If it didn’t happen to me, maybe it might have happened to you or somebody else. The most important thing is that we should harness the lessons from it, which is: we wanted democracy and we got democracy. We need now to build on that democracy, to deliver the dividends to our people. Ensure that our children go to school and have good education. You and I are speaking to each other in a foreign language; I don’t think that should be. If we use our language, we would build this camera and your smartphone. So specifically, prison was hard. It is not an experience I will recommend for anybody. I think it got to my wife to the extent that she vowed that ‘If my husband ever got out of that place, he’ll never be a journalist again.’ But you see, I don’t know how to do any other thing. It’s journalism or teaching. So when I came out, I just said to her, ‘Look, it’s one of those things. We need to just move on.’ Thereafter, I went back to journalism school, got my PhD and started teaching. I marry both teaching and journalism together.

    TV, are you ever going to go there?

    Surely. The activities you’re seeing around, that’s what we’re preparing for.

    You have a date yet?

    I don’t know. I’m a Christian and God says walk with me. So I’m walking with him.

    You work with a lot of young people. How do you manage their youth and energy?

    One of the ways to build a nation is to invest in the young people. Teach discipline, integrity. Integrity is key for me; so personally I will not soil my name by taking bribe or giving bribe. Those who work with me know me. The sun’s not going to shine every day; you’re going to have some time when things are not going to run smoothly, you take it. That’s my philosophy. Hardwork, discipline, dedication. There was a young man who worked with me at Vanguard newspaper. He’s an editor there now. Anytime he saw me, he’d be crying, because I put him on his toes. But I used to tell him then that ‘Look, I’m training you.’ The last time he saw me, he told me ‘Sorry, now I know you were indeed training me.’ Nigerian youths are very energetic but their energy needs to be channelled.

  • Athletics met its target-Ogba

    Athletics met its target-Ogba

    President of the Athletic Federation of Nigeria (AFN), Solomon Ogba has said track and field met its target by winning 10 gold medals at the just concluded African Games in Congo Brazzaville.

    The AFN boss told SportingLife that he promised that the athletic team would do its best at the Games by doing the necessary thing to excel, stating that some never believed that the athletes could deliver 10 gold medals.

    He said Nigerian athletes should be appreciated instead of the criticism they face whenever they fail at international events. “Some athletes are gifted and with little training they become world class and are able to win medals at the Olympics and World Championship.

    “Only few Nigerians can boost of individual medals at the Olympics and must have put in a lot to achieve that. I consider them exceptional athletes with exceptional abilities,” he added.

    He noted that Nigeria has never been stronger in the short distances races at the world level and only get to win medals at the relays if it has three top athletes. “Three good athletes in the 4X100m relay race can give us medals and that is where we have excelled at the world level. Change over robbed us of a medal in 4X100m men in Congo, but we will continue to strive to make our team better,”he said.

    Ogba said the AFN would also continue to encourage it’s athletes to improve on areas it has comparative advantage and improve their performances.

    According to Ogba, Team Nigeria had done well at the just concluded Games, considering that the achievement came on away soil unlike in 2003 when we hosted the games and did well.

  • Why Olisa Metuh is target, PDP

    Why Olisa Metuh is target, PDP

    The National Publi-city Secretary of the Peoples Democratic Party (PDP) yesterday deplored what he called incessant and unnecessary attacks on his person by political opponents.

    He claimed that he was being targeted with a view to forcing him to abandon his statutory function as the mouthpiece of the party.

    But he vowed to remain undeterred as he “is now, more than ever before, determined to ensure that PDP provides robust and credible opposition, which is inevitable to further grow our democracy.”

    Metuh’s Special Assistant, Richard Ihediwa, said in a statement that “credible intelligence available to us has shown that apart from instigating some unsuspecting persons within our party to peddle lies and insults against Chief Metuh, there is a well-coordinated assault by anti-PDP forces who have engaged heavily paid consultants masquerading as writers and columnists, in addition to social media hirelings, some of who use pseudonyms to attack him for daring to speak out against the undemocratic actions and tendencies of the All Progressives Congress (APC)-led administration.”

    Ihediwa added: “While the National Publicity Secretary is fully aware of the challenges that come with his new role of providing firm, issue-based opposition, we decry the resort to dirty politics by the anti-PDP forces, instead of focusing on the issues, as not only shameful but also a despicable act of cowardice.”

    He said that even after the PDP Workers Welfare Association has apologised over allegations it made against the PDP National Working Committee, and particularly himself, “the anti-PDP elements, shamed by that development, are still relentless in their unholy enterprise against the National Publicity Secretary and other leaders of the party.”

    Metuh denied receiving “any money or monies from the immediate past President, Dr. Goodluck Jonathan before, during or after the 2015 campaigns for media and publicity functions or for any other reason whatsoever.”

     

     

  • Amapakabor: Maximum points the target against Lobi

    Amapakabor: Maximum points the target against Lobi

    Enugu Rangers’ chief coach, Imama Amapakabor has revealed to SportingLife that he has told his players to face Lobi Stars with the maximum points in mind when they do battle tomorrow in a Glo Premier League Week 17 tie at home.

    The Flying Antelopes have only lost a match from six outings since Amapakabor was asked to replace Kelechi Emeteole and despite the impressive results they have managed to record, the coach has tasked his boys to be strong and determined if they are to beat Lobi Stars.

    He said that they prepare for all their league matches with the same mentality which is to win and that knowing fully well that Lobi Stars would like to puncture their ambition to record an emphatic victory, they must be ready to do all within their powers to achieve the minimum objective.

    The former Sharks goalkeeper thumbed up his players for their display against Kukuruku Dragons of Edo State whom they beat 3-0 to advance to the Round of 16.

    Amapakabor told SportingLife that his boys dominated the game and had the opportunity to get more than three goals but for their profligacy in front of goal.

    Rangers are ninth on the log with 23 points from 16 games.

  • Ifeanyi Ubah says continental ticket remains a target

    Ifeanyi Ubah says continental ticket remains a target

    Owner of Ifeanyi Ubah FC, Ifeanyi Ubah, has insisted that his club’s target for the season remains a continental ticket despite the club’s recent dip in form.

    After posting a resounding 4-1 win away at El Kanemi Warriors, Ifeanyi Ubah FC have suffered a 1-0 defeat at home to Wikki Tourists and fell by the same margin to Heartland in Port-Harcourt on Wednesday.

    The oil tycoon, who was at the FIFA goal project in Abuja to watch the national U-23 team beat Amakson Academy 3-1 in a friendly, described as sad the back-to-back defeat his team have suffered.

    “My target for the team remains a continental ticket at the end of the season,” Ubah said

    “Our last two games have not been good but we would bounce back I know.

    “I am here to see players of the U-23 and to do some other things.”

  • CBN misses mobile money target, records N5b turnover

    CBN misses mobile money target, records N5b turnover

    The Central Bank of Nigeria (CBN) has admitted that its mobile money expectations are not met, despite N5 billion annual turnover recorded by operators.

    CBN Director, Banking Supervision, and Chairman, Nigeria Electronic Fraud Forum (NeFF), ‘Dipo Fatokun who disclosed this at the Nigeria Electronic Fraud Forum (NeFF) June meeting held in Lagos at the weekend, said: “It is not correct that we have not made progress in mobile money. It is right that our expectations on mobile money has not fully been met and probably because we were very ambitious in setting the target”.

    He regretted that most of the mobile money transactions are for subscription payment, and remittances, like mobile wallet sending money to account in the bank, or account in the bank sending money to mobile wallet.

    Fatokun said the mobile money space started in Nigeria about two years ago, adding that about 21 Mobile Money Operators have already been licenced. “What we have discovered is that what has led to slow growth is because of lack of agency. For mobile money to be successful, you must have agent. The CBN did report setting up some conditions on agency banking which the mobile money operators are keying into,” he said.

    “We have also released a guideline on super agent structure. We expect that some of the telcos, if not all, will serve as super agents. Two of the telcos already have our approval in principle, to make their agents available for mobile money”.

    Speaking on the NeFF 2014 annual report with theme: “e-Fraud: Fighting the battle, winning the war”, which was also launched at the event, Fatokun said Nigeria needs to put necessary controls to avoid fraud in the e-payment space. “We have articles there to open the eyes of the public on how to stop electronic fraud. We have articles from different stakeholders. It will help you on what you need to avoid if you want your account to be safe,” he said.

    He said the assessment of the e-payment industry is that the value and volume of electronic transactions in e-payment has been in the increase. However, he said the value and volume of fraud, though globally is on the increase, but in Nigeria is on decrease because of so many controls in place.

  • Raja Casablanca target Warri Wolves’ Michael Egbeta

    Raja Casablanca target Warri Wolves’ Michael Egbeta

    Allnigeriasoccer.com understands that Warri Wolves midfielder Michael Egbeta has emerged as a summer transfer target for Raja Casablanca.

    The Moroccan side are keen to bolster their midfield options and have considered launching a bid for Egbeta, who can play several roles in midfield.

    The 23-year-old began his career with Sharks of Port Harcourt in 2007 before crossing over to Warri Wolves three years.

    From the Delta State club, he joined Enugu Rangers before returning for a second stint with Warri Wolves in 2013.

    Michael Egbeta was invited for a Super Eagles get – together last month but was axed from the 23 – man roster that will prosecute the African Cup of Nations (AFCON) qualifier against Chad in the next two days.

    Raja Casablanca are also working on a deal to sign Kunle Odunlami from Sunshine Stars, with the defender and his camp expected to travel to Morocco in the coming days subject to a successful visa application.

  • 2020  target unrealisable, says NACCIMA

    2020 target unrealisable, says NACCIMA

    The 2020 target set for industrialisation under the Transformation Agenda of the outgoing administration cannot be achieved, the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), has said.

    The body said despite the programmes of the  administration to improve the lot of the average Nigerian, alot is left to be done to tackle the challenges which range from insecurity, unstable exchange rate, unemployment, unstable power supply, inflation, decline in trade volume and devaluation of the naira.

    The association said these challenges have slowed the realisation of the government’s Transformation Agenda and the nation’s quest to become one of the 20 most industrialised nations in the world by 2020.

    Addressing reporters in his Lagos office, its President, Chief Bassey Edem, said while capacity utilisation remained at 51.96 per cent, local and external debt stood at $49.12 billion and $9.52 billion, with liquidity ratio at 30 per cent. inflation rate stands at 8.5 per cent.

    He regretted that there had been  delays in the budgetary process,  adding that it has affected planning by Ministries, Departments, and Agencies (MDAs) and business operators, whose plans and projects  depend on the budget.

    Edem called for diversification of the economy from over-dependence on crude oil to avoid volatile oil prices.

    “The government needs to work assiduously towards making the required investment that would boost the growth of other non-oil sectors, such as agriculture, manufacturing, solid mineral development and transport, which hold greater prospect of yielding huge revenue to the economy if properly harnessed,” he said.

    Edem said crude oil prices were negatively affecting the nation’s revenue base and budget, thereby affecting businesses. “We have been very consistent in our warning against the country’s over reliance on export of crude oil as a major source of revenue, which price is prone to volatility due to factors, such as the Organisation for Petroleum Exporting Countries (OPEC) quota, unrest in the Middle East, pipeline  vandalism and demand substitution,” he said.

    The NACCIMA Acting chief criticised the high cost of governance, saying it increased the recurrent expenditure of the government, thereby decreasing the government expenditure on public project in vital sectors of the economy.

    He called for a reduction in the cost of running government by pruning political appointees as well as the expenditure of the National Assembly.

    His words: “It is important for the incoming administration to start considering ways by which the country’s recurrent expenditure can be reduced beginning with a lean and efficient government administration.

    “Agriculture is a major and most certain path to economic growth and sustainability and its importance cannot be over emphasied. We counsel that the incoming administration should, as a matter of priority, consolidate on the gains  recorded in the sector and initiate additional policies that will make the sector a source of food security and economic development for the prosperity of the Nigerian people.”

    He urged the diversification of sources of power, such as solar, wind energy and coal to boost power supply.

    He continued: “There is need for the incoming administration to recognise the importance of power to the survival of industries in this country and ensure the reforms in the sector are improved upon so as to deliver to the generality of the Nigerian populace the much desired stable power supply.”

    Edem also canvassed a policy dialogue session with the private sector to discuss input into the budgetary development process as it was before. The need for this interaction, he said, had become imperative for a successful Public-Private Partnership (PPP) process to further develop the economy.