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industr.Y _~ NACCIMA backs $75 budget per barrel benchmark proposal La}i Ad doye
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IIENII.fOri:lnAssocialioo of Cham~ of ComJl1t'fCe. lnduslry. t.llnes and Agncultur!' has txpl'e5Sftl its support for lht' $75 pe-r barn'1 bffichl1l3rk bud~el proposal fot tht' \-eaT 2013
Ac:ronhns
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a.ssocialion. m a slalf'lIM'nl on l1lUrsday. lhl" benchmark of $75 pot ban'd is comfortable. whilt' the: \'OIumt' 0( audt' we t'lI:por1 must oompt'uMle for an)' shortran II e,."eplamed Ihat m a ,Iobal envlmlllllC'nl thai had ~ Indicatin, increuln,
worldwid(' t'COMmlc downlurn. ("I;pecialh' among our majOr lradin, pat1nt'". Iik(' Umled Sillies. Ihe Eutojltlll Union and Ollna. to mt'ntlOn but a few. th('", had arisen ~r?at('t nt't'd for dfml\'(' ~M(' 10 happeninA Alobalh It ....,id. ~SmN' OUt
f"t'Onomv t~ dommalm h). cnlde oil (a 1II0no commlXlity product that oonl.nbules aboul 80 pc-r ('('nl 10 the Federal ('oO\~mmt'nt m't'nll(' and O\'t'r QO JX'f cenl 10 fo~iRn t''IIchanl.t' ~il't). ~ mu.'il tab, Ih(' bene-hmarlc: and I ~riousl)
toa\'Qid ad\'ttW't'.x~", to thfo \"OIatilitr of tills product in lhf' market w~ cannut afford 10 i~nor? tht" ~Iohal and national t'n\1mnnlt'nt in whirh thfo nlld'-t't "'ill bt' ImpkoUlt'nlf'd ·COnMqU"nl h', wt' lx-ht"o·t' thai IhfO hl-nchl1l3rk nf $-:;; lX"r barrd I!! romfortablt'. "'hilt' tht' \-oIUTrn' of cmd~ Wt' "I)()rt must COII11X'n."Ia11" for In} <;oortfall • NACCIMA dt'-;cribtd t~ 2011 budp;f'1 JlfUPOII3I, winch was p~ntt'd by Preo;idt'nl Gocxlluck Jonalhan 10 II~ joint le55ion of thc National As:sPmbl~' on Octobo-r 10. 2012. U Im~1} and COI'nlTlt'ndablt'. portrn}inA it u ·doakf'd In POSIII\~ and far-r?achlO~ dt"o"!'lopmel1lal ,oalli and mrl'l\'Itlon" • It said. ,11i5 will support and uplift Ihf' policies contalOM ill I~ Tnln...fnl"lMllOl1 ~t'nda and tht't"o'oluhonofa$OUnd and
\irile f"('Onom\' 10 201:\ • Thebodva\socol1ll1lt'ntt't1 on sollie atht'1" as~l." of
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Meul'S; RegIOnal Mano.gmg Parfltt'r for West A.jriro. Mr, Hf'nry Egln/.:i; and Managlllg DttKlorjO"q EnTttrlvt" Ojficrr, F..DUn Mobil Nlguia. Mr Mark Wam. at a U'arbhop on Prtroleum Industry RI/lln Loqos. on Thursday. l'hoto Gotf' FamadelJ'a
Fot mstlll1<T. il 'I.ud tht' mtmdudton of MedIUm Tmn b-1)f'lmilllr!' Framework (MTF,F 20112015).
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Afiican leaders urged to invest injobs, infrastructure IA,i Adc:lnye wilh agen ('" repo rt D lRM ER and CUm-n1 African IIMds (If Stale han' uflm btw-. oomnmmt)· ami polihOllI bdlT'S to h~lll lum Ihf' conlmmt''i J;1U"'th mlo a"'OOOmK: OIlflO11l1mhes for ordinary Cllizros Att·onhnr. to tl1t'm. Ih" k--.adITs OlIn do Ihis by 1O\'f$unr; in IOfraslructu", and odlt't job-creallOA
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I W P~idt':nl. Calfish As.soc:i.JllOn Fanm-I"S of ~i~t'ria. Chid Ta)'Q AkIn,OOla~un. ha.~ UrAt'(j Ihe Fedt'TIl Go\'emmenl 10 protm NiAman fish fant1t'rs againsl IndlSCrillllllalt' dumpin&offish from fon-iltn countrif'-l: Akin&bolaAIIII !';pokt' on Wedndd.n al tht' opmm& of Oyo Stale CAFAN 2012 Calfl!ih Fair 11(' said the call was necessary fot fish fannf'" 10 attain tM ta~t'I of ORe IlIll1ion mt'Inc tonnt'!! of f.rmed fish ~'('arly in tht': nt'XI tn~ }'HfS under the I.Ol"t'mment'. Aquacultu", Vaillt' Cham Ot!1."t'iopm~nl Prugr:ammt' CAFAN Prestde'nl noted Ihal fish dumpm&,. ..~ nne- of tilt' numerous
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On/fml-'Klliml quol~ Rwandan 1'rcsKk-nI, Paul Kl'PrTM". as 5a~'n, al Ih~
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confer!'n('(' in Kipli. ~In Rwanda. ".t' understand Ihal IJOIil1CS and eronotn~ AO hand In hand. 11m ~ rul\~ macit' ;II consoou.~ and
ddibt'11I1e dlOlC't' of inclml\~ d~~,",lm~nl ba.."('d on om pohtlC31 reality. lIy and I"'flt'. tIK.,. ha\"t' l"oollcai pn-'I'ill\~ reo;ull.~. Gmwlh has been cnn.'IiSlt'nt and JlO'~rI\ ~m c"nsKit'tabh rPducrd bl 12 f't't Ct'nl from s6·91>n (('nt to 44 pet ttnt in fi\~ )'H ......
Otptn.W'd ~~",rlv ~. 11M' F~OIc CommissIOn for Afno. tht' Afncan ~-doJ'mt'f11 Bank and tht' UtnledN!tIionslk\~lopmenl
scek end to dwnping o f for e ign fis h
;\k lnw.. le Aholuwade, Ib. doll
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11\f' call can)f' from tiM' African leaden .11 thl" on~",n~ Afmn F..cononllc Conff.'Tr'll('(' he-mg held in
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ix-In& f~ bv lhe i00i1 fish in, mdll..~ry. shoukl be addf"t':5Rd as ~Iakehoklers embOlrked on stralt'll-;es for effecth"t' takf' · ofT of fisht'ries dM'eiopmenl under tht' A&ricultul1Il TtlInsformalion ,,«f'nda AkinAbolagun. who said Ihal pmductlOn of Oflt' millIOn farmed fish required about 1.25 billion fin,ttlings. slaled lh.,t ·qualilY bmod slock ls required 10 produce quailt)' lish feeds lIeaddM. ~It i.'I5Usgrned that fannen. research IB!ltltlltes and otJ1t'.t r?l('VlInl bodies should work in colblxmlHon tn produce gcnct..::ally IInpnn't'd brood slock.. ~ Hf' ufJ;r'<1 Ihe Fe<lt'TIl ~'('f1lmt'nl 10 IRIm::i(h!le fish meal fOt" fish fa~ I!'i ilsuMidised fmiliu-T for
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n~1) bt"cau.w- feeds mn.'!lltuted .boul ?Oper ttJll of cost of production In htt addrl!"'~, III(' Ch.utman of ('MAN in the state, Mrs Modupe Awovoml-Kotadt'. siud. Ibe IIlt'me of the 2012 hir, ·F.Jfmh~nunaAemenl of calfis:h famllng for profilabilitl, is relt"--ant I!'i partidp.,nlo;; would Ixell:JlO5l:d 10 ",'('11 pacbAed intt"l1lcti\'e lectures by rec:t)Uf1'(' 1l('I""iOM ·SOIm- of Ihe major clallf-nges f.tang calfi5h production entt'tpn5f' wHl bf' addtt'Mt'tl ~ An Ibadan·hasM famlt't. Clnd" Folorunsho Or;unnaike, "ho ","limed aJ;.3IMt multlplicallon offISh f.umers ~lioM ..... id. WUnil) among 6 II faml('1"S in Nigrria would attract ~r}" 5Upport. benefits and facilill("'i to fIlt'mbr-rs-
I>m&nllnme. tiM' tltk- of Ihl!! year's African F..ronomK ConfCTt'rK"t' is. ·Inclu..'il\~and Sustnmabk· ~-riopll ... nl m an Agt' of Ecolll)mlC lIntTr1amtv· Africa hu "''t'athered t"lunomicCTl.'ilSandachle\-m COOSKIcl1'lblt': ach1lnc:e5 in thf' a," of JlO\"",y r't'duction and human ~'clopn"l(':nl. 1l0W('\-e-r, 11)f' ~lOn i." .'!IiII hoIllNohlr.h~"!'lsofpo\"('r1y,
hungct. ullnnplopllrol and inequalily In political \'UI(.'(' aim II~ 10 ~Irn-s 1llf' UN I)P Admlnlsl rnlor, IIden <.'brk. "'1l..~ (Iuoct'd &.'!I .sayill&. "<h'!T tilt' fi,.,;1 rieadfo- of tillS ttntur),. '\1th the exttption of 2008. Afric:a expr'ri~nced excrplional ~nOl'nic pc-rformancr and ,"",,1h in GDP jlt"t capita ·nut tht'r? is a ",-a" 10 &0 in manv countries 10 lransbtl" lhat ,"",1h 1010 hip;hPr human dro,'e!0llrnenl l)diberale policy nlt"aSIlre5 and tarp;clt'(] in\~tfll('IIL~IIr!' neetkd 10 make J.I"O"'1h not. jU!II fast. but aiso nx:IU5I\~ and su..~tainablt', ~ Participants on lhe OJ)t'f11l1g day wen quoced u g)ing that lhe Uy issut' for IlK' t"ontinmt \o\"a5 10 shift from rofllmodil)"baM'd 10 inl1O\'atl\'t'. di~6t'd economies .11 a tlnl(' when fom,n dil'!'d in\'t'Stment. akl alld tt'fIllttanceo! \V!'te drymgllp 1l1t' !'fr5!dt-llt uf thl" African ~-elopme-nt Ba.nk. Donakl Kahe-rub.
undel"K'Ol"ed tilt' nt'ftl fOf Ionp;-te-rm !IOIutions lit' thai Afnc::.'i ~h <hflokl inclu&<IoinA lW#3~h on !IOIuhon'l on how AIr1can counl~ could inl~lh fina~ theIr d~'dnpn)f'nl. l"amlO~ from whal has p;ont' wronA dobally 10 rffi ....agn tlM'lr <;u~~tt'(1
policies
Agreemt'nt (olllnclo; ~ir.nro ....'\h mml~lt'f"C- and Ih(" Gt'mJ,'r EIlIIl('''''('tlll('lIl Seilemt' "'"!'r(' ""nrlh) mnm·atlon.", wlllrh could be- t!!'pliralt'd b\' olht-r I;"" of ~('I\'f'tlIrn--nt'5 and all tWoIf a):,encleo;. WIth 11I(l(llfi~1I01l'" whef't'nn:"f'$!!l.,n.II not"i Ihal Qlrh 1II110\-.tlOlI"- cou1<l hrin~ bOlh Ih" pohlw- an.1 pri\":\If' ",""lOt" t~('lh('t 00 Ih.· samt' "lain On IhfO lUll" nf ,... ndrr elllpowcmM'nl. II. hoIo>~cr. 001.1~1If'd lhat tilt' ,»101 programml!' .. hiluM prioritl..w- t'ducatlon and enIiAhttnrTM"nt. a .. W!'11 110; (I~ 10 ('ntrt'pn'nt'1l .... hlp finallC't' for WOllll"n aht'arl (If oIher .... h"mf'"'ii On M'nlnll. II <;o')11lf' m~~lIm Ihat ("OUJ.i Iw lakf'1I ~1rr:'iS1II1, Ih.1 I collabor:alh... alll}marh amollr. ~akt'holdl'" would brinr; the net'(tcd 11(';1<T ;md ,,",110mi<' 1'"~'T""rih' II ~Iat"" 'On <;f'('1lnh. ",hich t!!'mam" tll"laik oflh.. town whll(' Ih(' lIIq"f'a"mA It''\'t'l and ..,,1(' of \wlt'1IC'I" i.'i delllotllt.l" and n~II\Th "fTmin" bu.~m...... . _ ~u~t"rt tIM' arlOllli<ln of a htlli."'K' a''t,tnltrh. mdudlnt dOSt'r netw..... klll'- amonlt ('!(i~tinr; "o-.t'mnlt'1ll YCtlrlh al;f'lICI~ "n<1 roilaho",tlOn ""ilh pn\1lll" ~unh' ("ltm~tion • .1n<l adOSJtlOn nf Cillmnunih IKllieln", "llIdl ('"uld lum out to "" Ih .. nlll\ ,,,,,,hit' ~1\llion in Ih., lon,,-","
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NBC appoints Ben Langalnew MD IGF:KIAN RoHling Cornpllnv l..Imited ha..~ annOtJ need Ihf' appoinlmenl ofMr Ikn Lan,at3siISnf'W Manar.Illr.llII'fftOt Acron:ling 10 a lalf'mml II) Ihe COntran\, In Lag~ on lll11r!td'n . l..an~1 ~1ttf't'W; Mr. Squn Ogunsan)1II. who I!! scht'dult'd In luI!' UI) 11 nt'\o\" rolf' mltsidt' of Ih" coml)lnv llJ(~ slatelllt'nt. si~ned bv NBC's !lcad Public AffillT"'<; and CommulllcaIIOfl.". Adt"VallJu Olomola, said Langnt. who prevlOllslv hf'ld Ihe positIOn of thl" romp.,nv·s O1ret'1or of f-lnanct' ....",ult! L"-'iUItlf' IhI" 0t'W mit' al NBC ""ith dft'C1 fronl NO\"ftI11l1"r I Thf' 51alement readlO par1. ·1.... llgi1l joined NRC So'i Ilir!'dor of Finance in June 2~ from Unilt'\"t"t aIm 0\"t'r111.... er;labli.'lllt'(1 himself as a ,"fty stronp; leadf'r, baMd on his '1IIue!'. mtt'1-rity. bU'5In('5.'l acumen and leadt'r.ihip ~I I (' built a stron,; t('am and ~Iabllshl.'d a
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c-ultu .... furthf'r ('n:1blinl hL~ t(':am to offl!'r OJ'lImum ~uJ'POrt to kM functions on thf'lr 'ilralt'f;ic rri.-.nhf"li a,,- \\"!'II as work collltbrlt:tll\d\ "ith f"'n~hi~ J'IIrtnl"r<. (·oca·Cola NIA~nll I.lImlf'd In hl-'li thl'ft'"\T.lr Itnut!!' a." LlItt'Ctpr of "';nanCt'. h(' ;I1c;.o playm fundamt'nlal roles in the stI~ul e'U'('lIllOn of critical busmf'M ItIlhal1\'f"$ and mCTTa~1 fnt'\!. "n dri\,n" COIIiI leader<hlp .. 1.llIlpl. a K~n)<ln. ooids a BaclM'I." of ('0111111,"",,", ~tet' from 1m- Um\~t"il\ of Nain-ohl. and 1.~ a l"l"tIlfit'(i Pubhc Accountanl of Kt-lIy;1 CPA (K). II~ io;; abo a mf'lIIber of tilt Instltutt' of Cert ifim Put.hc An-ountllnl.~ of Kf'm'l Accordin,. 10 the~lIttl1l("nt, he- SJl"nl m'('r 16 )TI" Wllh Unilt"-'M" In ''IriOtlS roJ.es in "('11\111 and Malawi. up 10 hi~ 1a.~1 rolf> a~ FinanCt' Llirt'Clot for Unilt'\'t't Ghana. a mil' hel....fot!!'