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Wednesday, 17 April 2019

Eco. 521 Assignment—16th April, 2019


Discuss and analyse the following concepts in Monetary Economics
1.    Risk analysis
2.    Bank capital adequacy
3.    Bank earnings
4.    Balance sheet management
5.    Liquidity concepts and policies
6.    Lending policies
7.    Investment instruments and policies
8.    Comparative Financial Systems



(Not more than 12 -15pages)

Submit soft copy and Hard Copy
 


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Nigerian Customs Begin Fresh Recruitment


The Nigeria Customs Service will from Wednesday (today) begin the process of recruiting about 3,200 personnel to fill existing vacancies within the agency.

The move is part of on-going reforms being implemented in the last four years under the leadership of the Comptroller-General of Customs, Col Hameed Ali (retd).

Speaking at a media briefing on Tuesday at the headquarters of the service, the Acting Deputy Comptroller-General, Human Resources, Customs, Umar Sanusi, said the time had come when the human resources requirements for implementing the reforms needed to be addressed.

He said the recruitment had already received the backing of the Federal Executive Council, noting that those who meet the requirements irrespective of tribe, religion and state would be considered for employment.

Giving a breakdown of the 3,200 personnel to be recruited, he said that 800 Nigerians would be recruited as support staff for Superintendent Cadre while the balance of 2,400 would be employed under Customs Inspector and Customs Assistant cadre in the general duty categories.

He said, “Following the necessary approval from the Federal Executive Council, Nigeria Customs Service is now set to recruit officers and men to fill existing vacancies.

“Like all recruitment into positions in Federal Government agencies, applications for recruitment will be open to all eligible Nigerians who meet the requirements irrespective of their tribe, religion, state or any other consideration.

“In our bid to ensure equal and fair opportunity to all applicants, we are working every step of the recruitment process in compliance with the requirements of the Federal Character Commission.”

He assured that the service would conduct a recruitment exercise “that is credible, fair and transparent.”

Sanusi also said the Nigeria Customs service would also deploy all machineries within its powers to ensure that the integrity of the recruitment process was not compromised. He said the recruitment exercise would be free for all participants as no application fees would be required from anyone.
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Atiku To Call Microsoft & Other Experts To Prove INEC Website Results

The presidential candidate of the Peoples Democratic Party in the last election, Atiku Abubakar, is set to call Microsoft, IBM and Oracle experts to authenticate his claim that the servers belonging to INEC showed that he defeated President Muhammadu Buhari by over 1.6 million votes.

Atiku also identified the server where the results are kept as
INEC_PRES_RSLT_SRV2019 and its unique Mac address as 94-57-A5-DC-64-B9 with Microsoft Product ID 00252-70000-0000-AA535.

The PDP candidate said this in fresh response to the reply of INEC to his petition.

Atiku and the PDP will also be expected to tender INEC’s training manual on elections, a printout of the votes of candidates from smart card readers and a printout of the forensic audit report on INEC’s server as evidence.

The former Vice-President and the PDP claimed to have polled a total of 18,356,732 votes to defeat President Muhammadu Buhari and the All Progressives Congress who he said scored 16,741,430 votes.

However, INEC’s Director, Information and Communications Technology, Mr Chidi Nwafor, in his witness statement on oath attached to the reply, specifically denied the “server results” which the PDP and Atiku were laying claim to.

He said all the results were collated manually and were never transmitted electronically.

Atiku, in his fresh response, said the figures he claimed to have scored were genuine.

The reply read in part, “The servers from which the said figures were derived belong to the 1st respondent (INEC). The figures and votes were transmitted to the 1st respondent’s Presidential result’s server 1 and thereafter aggregated in INEC_PRES_RSLT_SRV2019 whose physical address or unique Mac address as 94-57-A5-DC-64-B9 with Microsoft Product ID 00252-70000-0000-AA535. The descriptions are unique to the 1st respondent’s server.”

On how the case would be argued, the PDP and Atiku stated, “The petitioners will at the trial of this petition rely on experts on Microsoft, IBM and Oracle, amongst others.”

The PDP candidate and his party said one of the spokespersons for the Buhari Campaign Organisation, Festus Keyamo (SAN), even attested to the fact that the election data was in INEC’s servers when he wrote a petition to the Inspector-General of Police calling on him to arrest Atiku.

The PDP and Atiku said INEC’s claim that the transmission of results was purely manual was a lie. They made references to several press statements issued by INEC insisting that there would be an electronic component of results collation.

Atiku and his party said there was nothing in the Electoral Act that barred INEC from transmitting results electronically.

They said INEC also lied when it claimed that its directive on election day was that card readers should only be used in areas where they worked.

The PDP and its presidential candidate added, “The petitioners shall at trial lead evidence to show that the first respondent (INEC) stated on several occasions before and after the elections that the use of card readers was compulsory.”

The petitioners also stated that INEC through its Chairman and Returning Officer, Prof Mahmoud Yakubu, committed grave errors in the final collation of the presidential results.

The INEC boss was said to have muddled up the results, announcing the wrong figures.

Meanwhile, the PDP has come to the defence of Atiku’s lead counsel, Dr Livy Uzoukwu (SAN), whom INEC claimed was not a legal practitioner and was not licensed to practise law.

In a witness statement signed by a former Minister of Aviation, Osita Chidoka, the party said Uzoukwu was called to the bar in 1982 and was even the attorney-general of Imo State from 1994 to 1996.
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Finally Atiku Releases Evidence Of Result From INEC Website

Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP), has insisted the result from the server of the Independent National Electoral Commission (INEC) shows he defeated President Muhammadu Buhari of the APC in the presidential election.

In his submission to the Tribunal, the former vice president gave the “unique MAC address and Microsoft product ID of the INEC server” from where the results were obtained...

According to the result declared by INEC from the 36 states and the federal capital territory (FCT), Buhari polled 15,191,847, while Atiku came second with 11,262,978 votes.

But in his petition submitted at the tribunal, the PDP candidate said he garnered a total of 18,356,732 votes to defeat Buhari, who, according to him, polled 16,741,430 votes.

INEC had claimed that the results being paraded by Atiku was fabricated and not from its website.

But in their response to the INEC’s submission, a copy of which was obtained by TheCable, Atiku and the PDP said address of the server from which the results were obtained is unique to INEC.

“The Servers from which the said figures were derived belong to the first Respondent (INEC). The figures and votes were transmitted to the first Respondent’s Presidential Result’s Server 1 and thereafter aggregated in INEC_PRES_RSLT_SRV2019, whose Physical Address or unique Mac Address is 94-57-A5-DC-64-B9 with Microsoft Product ID 00252-7000000000-AA535. The above descriptions are unique to the 15t Respondent’s Server,” they said.

“There is no conjecture in the votes and scores in the table pleaded by the Petitioners. The figures are factual. The Spokesperson for the 2nd Respondent’s Campaign Organization openly admitted that the data in question was in the first Respondent’s Server when he wrote and submitted a petition to the Inspector General of Police and the Director General of the Department of State Services (DSS) asking the Security agencies to investigate the 2nd Petitioner herein for allegedly hacking into the Server of the 1St Respondent and obtaining the data in question.

“Specifically, Mr. Festus Keyamo, SAN, the Spokesperson of the 2nd Respondent claimed in the said petition that it was the first Petitioner who smuggled the data into the Server.”

Atiku and the PDP also alleged the INEC chairman “committed grave errors in the final collation exercise” for the election by “falsely crediting” some persons with political parties, including “Okotie Christopher, Reverend Dr. Onwubuya and Ojinika Jeff Chinze.”

“The grave errors referred to in paragraphs 4 and 5 above were under the hands and signature of the first Respondent’s Chairman, (who was also the Returning Officer) in the conduct of the final collation of the results of the Presidential Election,” they added.

“The Petitioners state that the final results as declared by the first respondent are those that were transmitted online to the website of the first Respondent...”
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Paul Enenche & Wife Celebrate 25th Wedding Anniversary (Throwback Photo)

The senior Pastor of Dunamis International Gospel Centre, Dr. Paul and his wife, Dr. Becky Enenche are celebrating their 25 years of togetherness as a couple. Idoma Voice observed that the couple, who signed the doted lines on April 16, 1994 are blessed with four lovely children.

While Paul Enenche hailed from the royal family of Daniel Elaigwu Enenche of Orokam, the paramount ruler of Ogbadibo LGA of Benue State, Dr. Becky Inyangbe (nee Ibu) also a medical doctor, is from Igede speaking part of the state and the daughter of a professor of medicine.

We wish the servants of God happy wedding anniversary.
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God uses Apostle Suleman to Resurrect A Dead Boy (Photos)

Founder of Omega Fire Ministries, Apostle Johnson Suleman has reportedly ‘resurrected’ a dead child. The incident happened right inside his church auditorium.

According to reports, the boy was reportedly brought to the service dead. At the service, the popular cleric was heard asking the mother to bring the child, which she did...

Apostle Suleman prayed for the baby and laid him on the floor and said he is alive. There was tumultuous joy in the congregation for the miraculous act of God.
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Sunday, 14 April 2019

Inside Billionaire Dangote's Super Luxury Yatch

According to Shipsandports, Aliko Dangote owns a luxury yacht, which he bought for a mouth watering $43 millIon (₦15.5 billion Nigerian Naira). Check out more pics...






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Story Of Blind Couple Who Have Been Married For 40 Years

An interesting and unique blind couple who have been married for 40 years, told their love story which has gotten the attention of social media users across the world. 
Augustine Marfo and Juliana Agyeiwaa who met in 1970, have 4 children including an adopted child from the woman’s late sister. It was further gathered that none of their three biological children has any problem with his/her sight. 
Their eldest child is 33 years, followed by another who is 29 and the last child is 27 years old.

In the clip shared online, Juliana who does the cooking without any assistance, was spotted using knives as good as anyone with sight will. Augustine Marfo who on the other hand can also operate his TV set and radio without assistance, mainly listens for political, lifestyle and entertainment news. 
The husband was not born blind; he reportedly got sick at a tender age which resulted in his blindness. The couple has never seen each other’s face but they have loved each other like no other else.
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