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Why I will never support APC or PDP –Mr macaroni

 

Debo Adedayo, the Nigerian comedian better known as Mr Macaroni, says he will never support the ruling All Progressive Congress (APC) and the Peoples’ Democratic Party (PDP).

 

The skit maker and activist spoke about his political choice via a series of tweets on Monday.

 

Mr Macaroni said he would rather support another political party till it becomes “a force” than give his backing to either the APC or PDP.

 

He also urged people to stop “recycling” leaders and join other parties in order to experience positive change in the country.

 

May 23, 2022

He further emphasised that Nigerians need to be united to achieve a change in political power.

 

“Pay no attention to those who ridicule the idea of another party. It is definitely not going to be easy. And the change in power won’t happen once. But we must begin from somewhere. If the people are united, the people are unstoppable!!” he added. 

News

African Liberation Week: How a Pan-African movement is driving African youth to action for African Liberation

From its founding in 2016, Africans Rising (africansrising.org) has endeavoured to raise the profile of Pan-African solidarity especially among the youth of the continent and its diaspora.

Its African Liberation Day commemoration brings thousands of Africans home and abroad on the same platform connected by the same desire to see a peaceful, just and dignified Africa.

Through a consultative, grassroots-led, innovative process, the movement has created a truly unique way to commemorate the historic moment when Africa almost became a country 6 decades ago. In this way, a strong connection is built between the struggles of the youth and the endearing past of their forebears, from which they must learn.

Each year, choosing a theme that resonates with the African masses, Africans Rising makes the effort to rally people from all walks of life encouraging them to take action.

The notion of African Liberation Day has its roots in the formation of the Organisation of African Unity in May 1963 at a 3-day conference of then new independent countries.

That conference starting from 23rd May that year in the ancient African city of Addis Ababa was a decisive platform for the future of Africa. The discussions centred on many things but principally liberation and unity. It was to be decided whether African countries were to bind together to form one giant country or to move independently but with cooperation amongst themselves.

Those who advocated immediate unity became known as the “radicals” while those who advocated separate sovereignties were known as “gradualists”. Kwame Nkrumah of Ghana and Julius Nyerere of Tanzania, two of the foremost theorists on African unity came to symbolise the opposing perspectives on that critical question.

The latter was later in 1997 to admit the correctness of the position of the “radicals”. Back then in 1963, in the tense debate between Africans who saw themselves as siblings divided by colonialists in an 1884 Berlin conference, the gradualists carried the day and the conference ended on 25th May with the formation of the Organisation of African Unity to work towards gradual unity.

While all that is history, African youth are taking inspiration from this historic moment. And Africans Rising is rallying and supporting them to do this in actionable and consequential ways.

History of Africans Rising’s African Liberation Day Mobilisations

On May 25, 2017, 2000 volunteers, partners, supporters and friends organised a total of 300 actions and events in 42 countries on the African continent and the Diaspora to march the launch of Africans Rising. On May 25, 2018, the mobilisation was even more massive as hundreds of individual actions and events were carried out in 54 countries including 6 in the African Diaspora. In 2019, activities spanned from film screenings, media engagements, public symposia, to panel discussions and several other activities on modern day slavery. In 2020 and 2021, Africans Rising focused on the health and wellbeing of Africans and African communities, given the COVID-19 pandemic and its disastrous consequences across all aspects of life, through our#Rise4OurLives campaign.

African Liberation Week; #AfricaforAfricans

This year, the mobilisation has been expanded to include a whole week of activities. The uniqueness of African Rising’s approach is in its emphasis on supporting grassroot movements and activists in organising and taking action rather than duplicating their action. This is buoyed by the understanding that the grassroot movements are best placed to carry out meaningful actions and spread the fervour of African Liberation among the people. Unlike, other commemorations which hold grand events at the continental level, the focus on grassroots brings the conversation on African liberation to the people where it truly belongs.

Under the theme, #AfricaforAfricans, the African Liberation Week spanning the entire week of 25th May (i.e 23rd May to 29th May 2022), promises to galvanize the youth for African liberation way beyond the May and perhaps even far beyond 2022. The theme itself highlights the hope and ambition of the African youth.

#AfricaforAfricans draws inspiration from Marcus Garvey’s Pan-African rhetoric of the early 20th Century meant to rally people of African descent to embrace their land – Africa. In its contemporary rendition, Africa for Africans connotes the need for Africans to take ownership and control of the destiny of their continent.

This means a commitment to ensure that the wealth of the continent benefits the people, not external forces and not a small clique of African elites, but the people – all the people.

It also underscores the burning imperative to protect the land from destruction as the sub-theme climate and environmental justice highlights. People protect what they own. Within a neo-colonial context, Africa has been extracted from the African.

In other words, when the great wealth that is extracted from the belly of the continent is juxtaposed with the mass poverty and other iniquities afflicting the people, Africa can hardly be said to be present in the lives of the masses of African people. It is time to restore hope to African youth to realise their potential within an Africa that is peaceful, just and dignified.

Africa for Africans goes with specific sub-themes that speak to specific contemporary issues – Decolonisation rallies those Africans both within the continent and in the diaspora who are working on decolonising educational curriculum, financial systems, economic, social and cultural institutions many of which continue to perpetuate exploitation; Gender justice seeks to mainstream the idea of a gender equal society in creating the #AfricaWeWant; Health as a sub-theme continues the conversation on COVID-19 within the African context especially as regards equitable access to healthcare, vaccines, investment in health expertise and equipment as have become even more imperative given the COVID reality; and Climate and environmental justice meant to capture the important and urgent issue of climate change and the need to protect the environment.

African youth in various fields of endeavour are making strides, trying whatever they can to leave their mark. All they need is an environment that values and harnesses their potential, the systems that support and enable them rather than curtail their growth and the platforms that unify their actions towards the #AfricaWeWant.

Africans Rising has started a process and together with partners who are doing invaluable work, a peaceful, just and dignified Africa is achievable in our lifetime, even if it at present looks too distant.

News

Girl whose foster mother burnt her fingers needs Psychological attention – Clinical psychologist recommends

A Clinical Psychologist with the Komfo Anokye Teaching Hospital, Daniel Fordjour has recommended immediate and intensive psychological attention for Stephanie whose hand was damaged by a foster mother.

Nine-year-old Stephanie had her hand held in boiling water for taking two Ghana Cedis belonging to her guardian, without asking, to buy food.

The injury was managed at home for days until the fingers began deteriorating.

Responding to cases of child abuse, where victims often do not access support from the Social Welfare Department, Mr. Fordjour stated the psychological damage on the girl may be irreparable due to the lasting imprints of the incident on her mind.

“The child is a girl. She’s going to grow up to be a mother. She is going to have anxieties about how mothering another human being is because of what she’s gone through. 

“This is a damage that is going to be difficult to repair. Even the physical ones we are struggling to do this. Psychological one will be much more difficult,” he said. 

Stephanie has undergone two surgical operations at the Komfo Anokye Teaching Hospital, and there is the fear of losing some of her fingers.

Speaking to David Akuetteh on Luv Fm, the Clinical Psychologist said the actions of the foster mother will not only affect the emotions of little Stephanie but her children, too.

“What this mother has done has caused a lot of traumas for the child, including the 5-month-old baby she’s breastfeeding.  Because it is already on social media. This child is going to grow up.

“By the time they start looking at videos on social media, they will find their mother there. Their mother’s name is going to be all around and they will find out what their mother had done,” he said.

Daniel Fordjour recommends intensive psychological attention for children who suffer abuse.

“Certain psychological help that will follow-up should go on for a while to deal with all the negative conditions that Stephanie might have formed in her own mind and even will be forming per the experiences she will face as she’s growing.

“This is a long-term kind of help that this child needs,” he added. 

News

Girl whose foster mother burnt her fingers needs Psychological attention – Clinical psychologist recommends

A Clinical Psychologist with the Komfo Anokye Teaching Hospital, Daniel Fordjour has recommended immediate and intensive psychological attention for Stephanie whose hand was damaged by a foster mother.

Nine-year-old Stephanie had her hand held in boiling water for taking two Ghana Cedis belonging to her guardian, without asking, to buy food.

The injury was managed at home for days until the fingers began deteriorating.

Responding to cases of child abuse, where victims often do not access support from the Social Welfare Department, Mr. Fordjour stated the psychological damage on the girl may be irreparable due to the lasting imprints of the incident on her mind.

“The child is a girl. She’s going to grow up to be a mother. She is going to have anxieties about how mothering another human being is because of what she’s gone through. 

“This is a damage that is going to be difficult to repair. Even the physical ones we are struggling to do this. Psychological one will be much more difficult,” he said. 

Stephanie has undergone two surgical operations at the Komfo Anokye Teaching Hospital, and there is the fear of losing some of her fingers.

Speaking to David Akuetteh on Luv Fm, the Clinical Psychologist said the actions of the foster mother will not only affect the emotions of little Stephanie but her children, too.

“What this mother has done has caused a lot of traumas for the child, including the 5-month-old baby she’s breastfeeding.  Because it is already on social media. This child is going to grow up.

“By the time they start looking at videos on social media, they will find their mother there. Their mother’s name is going to be all around and they will find out what their mother had done,” he said.

Daniel Fordjour recommends intensive psychological attention for children who suffer abuse.

“Certain psychological help that will follow-up should go on for a while to deal with all the negative conditions that Stephanie might have formed in her own mind and even will be forming per the experiences she will face as she’s growing.

“This is a long-term kind of help that this child needs,” he added. 

News

Girl whose foster mother burnt her fingers needs Psychological attention – Clinical psychologist recommends

A Clinical Psychologist with the Komfo Anokye Teaching Hospital, Daniel Fordjour has recommended immediate and intensive psychological attention for Stephanie whose hand was damaged by a foster mother.

Nine-year-old Stephanie had her hand held in boiling water for taking two Ghana Cedis belonging to her guardian, without asking, to buy food.

The injury was managed at home for days until the fingers began deteriorating.

Responding to cases of child abuse, where victims often do not access support from the Social Welfare Department, Mr. Fordjour stated the psychological damage on the girl may be irreparable due to the lasting imprints of the incident on her mind.

“The child is a girl. She’s going to grow up to be a mother. She is going to have anxieties about how mothering another human being is because of what she’s gone through. 

“This is a damage that is going to be difficult to repair. Even the physical ones we are struggling to do this. Psychological one will be much more difficult,” he said. 

Stephanie has undergone two surgical operations at the Komfo Anokye Teaching Hospital, and there is the fear of losing some of her fingers.

Speaking to David Akuetteh on Luv Fm, the Clinical Psychologist said the actions of the foster mother will not only affect the emotions of little Stephanie but her children, too.

“What this mother has done has caused a lot of traumas for the child, including the 5-month-old baby she’s breastfeeding.  Because it is already on social media. This child is going to grow up.

“By the time they start looking at videos on social media, they will find their mother there. Their mother’s name is going to be all around and they will find out what their mother had done,” he said.

Daniel Fordjour recommends intensive psychological attention for children who suffer abuse.

“Certain psychological help that will follow-up should go on for a while to deal with all the negative conditions that Stephanie might have formed in her own mind and even will be forming per the experiences she will face as she’s growing.

“This is a long-term kind of help that this child needs,” he added. 

Music News

Don’t be local champions — Camidoh advises artistes

It is a good feeling for musicians to have huge support from their home country but Afrobeats artiste, Camidoh, says that is not enough for an artiste who wants to make it globally.

To Camidoh, Ghanaian musicians should not be content with just their fans in the country but also move from their comfort zone to win more fans outside by touring other countries.

In an interview with Graphic Showbiz, Camidoh said “it is just right that a musician tours different countries, make themselves popular there and win more fans. That is the only way we can be heard beyond Ghana and become global artistes and I am working towards that.”

“I want to be a global icon and as we talk now, I am currently preparing to go to Nigeria and other African counties to make myself and my music popular. We will only be known in Ghana if we don’t make it a deliberate attempt to move out of our comfort zone and make ourselves popular.”

Camidoh noted that he also understands that many don’t have the support, especially on the financial front to help push their crafts beyond Ghana.

He stated that a corporate entity, for example, could team up with some artistes and support them with whatever is needed to go global.

Asked if it was difficult to be consistent as a musician, the Sugarcane hitmaker answered affirmatively and added that it is especially tough for a young musician in the industry.

“If you don’t have people investing and pushing your music out there, how can you be consistent? You will just have the best songs and it just stays with you. How can you be consistent when you play shows and you are not paid?”

“You need money to record new songs, pay for music videos and get your name out there. I am glad I have a team who sees to it that my music career reaches the topmost height. With such a solid team behind you, you are rest assured that you will go places,” he said.

Talking about how Sugarcane became a massive hit, Camidoh said the media helped in pushing the song everywhere.

“While TV and radio were busily pushing the song, TikTok Ghana was also promoting it. In all, I am grateful to Ghanaians for pushing the song. 

“Massive shout out to King Promise, Darkoo and Mayorkun from Nigeria who made the song number one in Nigeria when he featured on the remix. Mayorkun promoted the song for me and that tells how powerful collaborations can be,” he said. 

Entertainment News

Why I will never support APC or PDP –Mr macaroni

 

Debo Adedayo, the Nigerian comedian better known as Mr Macaroni, says he will never support the ruling All Progressive Congress (APC) and the Peoples’ Democratic Party (PDP).

 

The skit maker and activist spoke about his political choice via a series of tweets on Monday.

 

Mr Macaroni said he would rather support another political party till it becomes “a force” than give his backing to either the APC or PDP.

 

He also urged people to stop “recycling” leaders and join other parties in order to experience positive change in the country.

 

May 23, 2022

He further emphasised that Nigerians need to be united to achieve a change in political power.

 

“Pay no attention to those who ridicule the idea of another party. It is definitely not going to be easy. And the change in power won’t happen once. But we must begin from somewhere. If the people are united, the people are unstoppable!!” he added. 

News

Why I reconciled with Matawalle -Ex-gov Yari

 

A former Governor of Zamfara State, Abdulaziz Yari, said his decision to reconcile with Governor Bello Matawalle was in the interest of the people.

 

Speaking with Journalists in his residence in Talata-Mafara on Monday, Yari said he did not reconcile with Matawalle because of any political position.

 

He said, “I didn’t reconcile with Governor Matawalle simply because I want to attain a certain political position. But having thought of the implications of our sour relationship with the people of the state, I realise that, reconciliation is the best option.

 

“It is often said that when two elephants fight, it is the grass that will suffer, as such, we have decided to close our ranks and come together to move our state forward.”

 

He, therefore, called on his supporters to embrace the reconciliation process and work together with Matawalle’s loyalists in order to move the state forward.

 

Yari stressed that he would soon organise a town hall meeting with his supporters in order to enlighten them on the importance of the reconciliation.

 

Meanwhile, thousands of APC stakeholders have been trouping to the former governor’s residence to express their support for the reconciliation process.

 

Among those who visited Yari were the state and the federal lawmakers, the Secretary to the State Government, Head of Service and Commissioners.

 

Others were the Permanent Secretaries, Directors General and Heads of parastatals.

News Politics

2023: Orji Kalu becomes unopposed aspirant for APC Abia North senatorial ticket

 

The chief whip of the Senate, Orji Uzor-Kalu, will emerge as the senatorial candidate of the All Progressives Congress for Abia North Senatorial District on Friday’s primary election unopposed.

 

Kalu has been cleared to contest the party primary election in the district, while his single opponent, Mr Fabian Okonkwo, has withdrawn from the race.

 

Kalu has received overwhelming applause and commendation for projects he attracted to the Abia North district in the three years he represented the zo

 

The former Governor who dropped his presidential ambition for the Senate President, Senator Ahmad Lawan, will now contest the primary unopposed and his candidature would only be affirmed at the end of voting on Friday.

 

His earlier withdrawal from the presidential race and support for Lawan headlined major political discussion in the country for some days.

 

Kalu’s support for his former roommate transcends oral declaration as he has been in the frontline of the consultation and appeals to delegates to vote Lawan for fairness, equity, and justice in the country.

 

Kalu has also extended all his political machinery to Lawan, with an uncommon hope and confidence that the Senate President will emerge the winner at the presidential convention slated for Sunday.

News Politics

Enugu guber: Jim Nwobodo names Peter Mba as Ugwuanyi’s successor

Elder statesman and former Governor of old Anambra State, Senator Jim Nwobodo, Tuesday, declared that after due consultations, Mr. Peter Mba has been identified as the right person to succeed Governor Ifeanyi Ugwuanyi.

This came after months of speculations on who will take over from Governor Ugwuanyi in 2023.

But in less than 24 hours to the governorship primary election, Nwobodo has now revealed that Mba is the chosen one.

He broke the news during a press conference at his Amaechi country home, where he also disclosed that another aspirant, Senator Ike Ekweremadu has accepted to support Mba.

He said he held a meeting with a number of the aspirants from Enugu East for a conversation on how to develop Enugu State.

“From my interaction with a number of them, I was looking for somebody who I think should redevelop Enugu State.

“As far back as October 2019, I invited Peter Mba to my house. When he came, I told him to consider running for a position, especially Governor. He didn’t give me an answer immediately, but later he came and said he would consider running.

“Tomorrow, people will ask why am I keeping quiet, this is why I’m addressing the media today. I believe anybody who wins the primary tomorrow will be the Governor, because the PDP is the only party in Enugu State

“I have also been speaking with the Governor of the State, a fine, peaceful gentleman and I told him that anybody that will succeed him must bring peace

“We need a Governor who will not go into any war, rascality, or vandalism but peace. Anybody who wants to be the Governor must follow the same path.

“I have heard all kinds of rumours about people claiming they are sponsoring Peter Mba, but he knows that I brought him into this race.”

On Ekweremadu’s ambition, Nwobodo said the former Deputy Senate President “has come to see me many times and I told him about the need for peace, I have asked him to withdraw all cases in court so that we talk peace.

“We need peace in Enugu and that’s the legacy Ugwuanyi is leaving behind.

“I have asked Ekweremadu to collapse his team, let them join the rest in making Enugu to work.

“I want to thank Governor of the State for the way he has piloted the affairs of the State,” he concluded.

News

Opportunity International supports customers with interest buy-down and guarantee facility

Opportunity International Savings and Loans Limited, a leading Savings and Loans company in Ghana in collaboration with the Visa Foundation is implementing an Economic Recovery and Rebuild Initiative (ERRI) project to help reduce the impact of COVID-19 on businesses of its existing clients through interest buy-down and guarantee facility.

With funding support from the VISA Foundation, the ERRI commenced in June 2021 and comes to a close in May 2022.

The main objective of the ERRI was to help reduce the interest burden of our existing clients by reimbursing them with 50% of their interest amount. This is to reward our loyal clients while also encouraging new clients and defaulters to repay their loans so that they can benefit from such interventions.

The beneficiaries of this facility comprised of individual women clients or groups with majority of women membership. Eighty-five percent (85%) out of the total eight hundred and fifty-two (852) beneficiaries were women.

One key qualification criteria used in the selection process for these clients was to complete their loan repayment without defaulting at the end of the maturity date and with a minimum loan cycle of seven after which the client benefits from the interest buy-down, in the form of a 50% interest refund.

To avoid the culture of loan delinquency, the guarantee facility was not communicated to the beneficiaries. However, the agreed discounts were applied to the accounts of qualifying applicants.

Additionally, The UPS Foundation which is similar to the VISA Foundation redesigned its program to create the financial and managerial capabilities of Persons with Disabilities (PWDs), as well as connect them to both financial resources and the market through interest buy-downs to help lessen the impact of COVID-19 on their businesses. Given this reason, the project reduced the interest rate for PWDs for both existing and new clients. A total of fifty-six (56) PWDs benefited from the project, with 31 of them being women.

On successful implementation of the ERRI project, a survey was conducted within the beneficiary communities to ascertain the impact of such an intervention and how the assistance has improved their lives.

An overwhelming majority of ninety-five (95%) of our clients hailed the project as an important intervention at a time when COVID had disrupted many local and global production and distribution systems. These responses are clear attestations of the positive impact that the ERRI project has had on our loan clients and Opportunity International as a business.

Most importantly, the Opportunity International brand has been established within the beneficiary communities as one committed to not just conducting the business of banking but also to the overall development of its customer base.

Opportunity International Savings and Loans Limited is a leading savings and loans institution in Ghana. Opportunity International is at the forefront of delivering transformational financial services to help transform the lives of clients.

The Institution serves over 610,000 depositors with loans, deposit products, and other services across 10 out of the 16 regions of the country. It operates in 23 countries across the globe serving nearly 10 million clients with the Global office in Chicago, USA.

The Visa Foundation is the philanthropic arm of Visa, works with charitable organizations to support underserved people and communities. As its central focus, the Visa Foundation is committed to helping low-income, financially underserved micro and small enterprises around the world to thrive and prosper.

The UPS Foundation is a leading UPS’s global citizenship efforts and philanthropy since 1951. The UPS Foundation’s philanthropic approach centres on four focus areas: health & humanitarian relief, equity and economic empowerment, local engagement and planet protection.

News Politics

Gunmen attack APC House of Reps aspirant in Kwara

Some gunmen, in the early hours of Tuesday, in Igosi, Oke-ero Local Government Area of Kwara State, attacked Mr. Kayode Bankole, the House of Representatives aspirant on the platform of the All Progressives Congress (APC).

Bankole had gone to visit the delegates at the Igosi-Imode Ward, to solicit their support for the forthcoming primaries of the APC when he was attacked on his way to his hometown in Ekan.

The News Agency of Nigeria (NAN) reports that Bankole, however, escaped by the whisker, having discovered that the vehicle in which the assailants were, was trailing him.

Bankole said he, along with his entourage, was able to manoeuvre his way to escape the onslaught.

The aspirant said he suspected it could be the handiwork of his political opponents because of his soaring popularity, adding that such politics belonged to the past.

He called on security agencies to redouble their efforts at securing lives, especially in this period of electioneering.

The aspirant said that he would not rest on his oars until victory was achieved in the coming primaries of the party for the House of Reps.

He called on political opponents to sheath their sword and allow a free contest of idea without bloodshed.

NAN reports that Bankole is seeking to represent Ekiti, Isin, Irepodun and Oke-Ero Federal Constituency of Kwara.

Efforts at getting the Public Relations Officer of the Kwara Police Command, SP Ajayi Okasanmi for reaction were abortive, as calls and text messages sent to him were unreturned.

News

GIFEC pays courtesy call on MTN Ghana

The Senior Management Team of Ghana Investment Fund for Electronic Communications (GIFEC), has paid a courtesy call on the Chief Executive and Senior Management Team of MTN Ghana, in a bid to deepen the relationship between the two organisations, introduce GIFEC’s new Administrator and Deputy Administrator, as well as discuss ideas on how to improve collaboration between the two organisations.

After the CEO of MTN Ghana – Selorm Adadevoh kicked off self-introductions by all present,  Prince Sefah briefed the meeting about some strategic objectives he has pursued to strengthen GIFEC, since his appointment, to ensure the sustainability and effective delivery of the agency’s core programmes and projects, and ability to meet its growing mandates.

He highlighted among other things, the pursuit of more strategic partnerships with public and private stakeholders, and effective sustainability and maintenance culture; gathering and utilising more data and analytics about GIFEC’s programmes and projects.

Other strategies he mentioned, were the adoption of technology to better drive GIFEC’s operations, improvement of the human resource makeup and utilisation of GIFEC and more effective communication of the work of GIFEC to stakeholders.

The administrator acknowledged the importance of MTN’s partnership and support to the agency, especially on projects like the flagship Ghana Rural Telephony and Digital Inclusion Project (GRT&DIP) and Girls in ICT initiative.

He added that the GRT&DIP, which seeks to build 2,016 communication sites, has so far built 758 sites, with 329 on air.

He, however, recounted some operational challenges facing them, and called for more support from MTN for the successful implementation of the project. 

In response to the submission of the Administrator, Selorm Adadevoh, admitted to the impactful interventions of GIFEC and how its efforts have been tremendous to the Information and Communication Technology (ICT) eco-system.

As a stakeholder in the field, he added that it was imperative that collaboration be increased, to ensure access and digital inclusion for all.

The CEO also pledged MTN’s continued support for activities of GIFEC and the Ministry of Communications and Digitalisation, and the adoption of advanced solutions, hinging on the company’s moral obligation towards expanding connectivity.

Both parties committed to more stakeholder consultation for the successful execution of the GRT&DIP.

GIFEC was represented by the Administrator, Prince Ofosu Sefah; the Deputy Administrator,  Eva Andoh-Poku; the Directors of Administration, Finance and Operations; namely Faisal Issahaku Gbanjili, Henry Agyemang Boateng and Yahaya Zakaria Osman. Also present was the Corporate Affairs Manager, Sandra Mills.

Present at the meeting, for MTN Ghana, was Selorm Adadevoh (CEO), Samuel Koranteng (Special Advisor to the CEO), William Tetteh (Director, Capital Projects and former Board of Trustee of GIFEC), Louisa Sosu (Senior Manager, Network Performance and SLA and GIFEC Board of Trustee), Thomas Motleper (Chief Technical Officer), Nana Kofi Asare (Ag. Chief, Corporate Services). Also present were Victor Dodoo (Head of Planning) and Angela Adu Ampofo (Manager, Regulatory Affairs).

News

Today’s front pages: Tuesday, May 24, 2022

Daily Graphic

  • Ghana ready for mining hub – Jinapor
  • Tourism Ministry partners City of New York to grow sector
Today's front pages: Tuesday, May 24, 2022

Business and Financial Times

  • Tourism hub agenda secures major international support
  • Inflation tempo pushes BoG to 19% policy rate hike
Today's front pages: Tuesday, May 24, 2022

Graphic Business

  • Tax inequality: Formal sector workers pay 16 times more
  • MoMo ‘ding dong’ continues; transactions drop in April after March peak
Today's front pages: Tuesday, May 24, 2022

Ghanaian Times

  • I’ll support Ghana to become Africa’s tourism hub – New York Mayor
  • Economy rebounds strongly, growth prospects look bright – Dr Addison
Today's front pages: Tuesday, May 24, 2022

Daily Guide

  • Government probes Sir John’s Achimota Forest gift
  • Parliament resumes today
Today's front pages: Tuesday, May 24, 2022

The New Crusading Guide

  • NPA sanctions oil companies for unlawful lifting of petroleum and third party trading
  • Dr Akoto under attack by opponents following research findings in the Northern Regions
Today's front pages: Tuesday, May 24, 2022
Feature News

7 Steps to a Winning Trading Plan

 


When it comes to trading, having a winning plan is key. Without a plan, you are likely to make costly mistakes that can cost you money. So how do you create a winning trading plan? There are 7 steps that can help.

check cmtrading to be oriented in a choice of the reliable one


The trading plan sets conditions for entering trades, identifying markets where they can be profitable with limited risk, monitoring strategies along the way to make sure everything’s going according to what was planned – and most importantly keeping track of how much money has been made or lost so far in order determine whether there’s any change necessary before moving ahead again. 


How to create a winning trading plan?

Here are the 7 steps we have highlighted that will lead you to the winning trading plan. 


1. Select the analytical approach

Traders use many different tools to help identify trade set-ups and narrow down their focus. The analytical approach answers the question “how do you find opportunities?” It could be a combination of price support or resistance, trend lines on charts, chart patterns, or Fibonacci ratios which tell us about future price movements relative to those now current ones. 


2. Restrict the number of markets you focus on

Limiting the number of markets you watch can help new traders understand how different each market is. You might focus on specific time frames or just one type for a more immersive experience with its nuances and movements.


3. Set the risks level

It is important that traders determine their risk tolerance before executing any trading plan. If they do not have control over the amount of money being risked, then everything else in place will fail.

The amount of risk you can take on any single trade is up for debate, but it is important that traders know their tolerance levels before they invest. If an investor has a 5% position and loses 1%, he should get out or reduce accordingly so as not to exceed this threshold in either case – even if things turn around later in the day. 


4. Select the trade setups

Traders often spend time on their trade setups, as it is at the core of all trading. There are many factors that together lead to higher probability trades and finding a setup can take some figuring out but this process should not be overlooked by anyone who wants success.


5. Think about your holding period

The types of traders who trade in different timeframes depend on how much they focus their attention. Scalpers and day-traders usually only look at short-term trades, while swing traders will hold onto deals for a few hours up to days. Long-term traders might commit themselves completely to one single trade lasting months.

Read fxtm minimum deposit to get a reference to top brokers.


6. Plan how to handle losses

When a trader experiences their first losses, they should have rules to follow in order not to fall victim to the emotions that come with it. One way is setting an amount or percentage loss for when things get tough. 


7. Have a routine to stay on track

It is important to take stock of your trading performance and analyze the trades you have made during the week. Make adjustments if necessary based on how things are going, so that the next time around will be even more successful. It can help too with reviewing what went right or wrong in order to learn something new.


Conclusion

Trading can be profitable and exciting when you have a winning plan in place. By following these 7 steps, you will be on your way to creating a trading plan that works for you and helps you achieve your goals. As a trader in Nigeria, see hantec markets to begin trading.

News Politics

When I’m president, we will bomb terrorrists everyday – Amaechi

 Former Minister of Transportation and 2023 presidential aspirant under the All Progressives Congress (APC), Rt. Hon. Chibuike Rotimi Amaechi has said that if he becomes president, he will ensure that terrorists and their hideouts are bombarded daily until they disappear into thin air.

Amaechi recalled how he tamed under six months the menace of militants and other criminal elements in the State when he was elected governor of Rivers State.

The former transport minister made the remark in Katsina on Monday, while canvassing for the support of delegates ahead of the forthcoming primaries to elect the APC flag-bearer for the office of the President come 2023.

Amechi said: “If you know Rivers State before I became the Governor, you will know there were serious cases of kidnappings and killings in the State that made oil companies move away, but in 6 months, I restored security.

“General Buratai (former Chief of Army Staff) was then a Brigade Commander, for six months I did not sleep. So I said, they too will not sleep. Until they left Rivers people to sleep, then me too, I started sleeping.

“That’s why anywhere I go for consultations with delegates, I go with Gen. Buratai and former Inspector General of Police, Abba Suleiman, who was the Commissioner of Police in Rivers State at the time and the former Chief of Air Staff, Sadique Abubakar who was Air Force commander in Rivers then. We were bombing them everyday until they ran away.”

On revamping the Nigeria economy, the former transport minister said “there is need to move back to agriculture and move from agriculture to industrialization and manufacturing.”

In response, Governor Aminu Bello Masari of Katsina State described Amaechi as a very hardworking and courageous person, noting that the former transport minister need not blow his trumpet but should allow them blow it for him.

Masari then went ahead to pinpoint the challenges bedeviling the State, primarily the issue of insecurity and the urgent need to rehabilitate displaced people as a result of banditry, calling on aspirants to have that at the back of their mind whenever they come to the State to seek support of its people.

News Politics

Only five APC presidential aspirants are serious — Fayemi

 

Governor Kayode Fayemi of Ekiti State has said there are more pretenders in the race for the presidential ticket of the APC than contenders.

He said out of the 23 persons currently in the race, only about five of them are serious in the quest to clinch the ticket of the ruling party.

He did not, however, name the five aspirants.

Mr Fayemi said this while soliciting the support of the delegates from Niger State during a visit to the state on Sunday.

The APC presidential primary election will hold on May 29 and 30. The party is yet to decide on the date for screening of the presidential aspirants, after postponing the exercise indefinitely.

In a statement released by the spokesperson of the Fayemi Presidential Campaign Organisation, Femi Ige, the Ekiti State governor said the level of seriousness is determined by the ability of the aspirants to move across the country.

“This is a season of visits and states keep receiving us. The list of presidential aspirants says there are 23 but only five of us are going around the country. With this, you can separate the pretenders from the contenders,” he said.

While 25 aspirants returned their nomination forms, very few of the aspirants have been moving around the country. Some of the aspirants who have been visiting states include the former Lagos State Governor, Bola Tinubu, the Vice President, Yemi Osinbajo, the former Minister of Transportation, Rotimi Amaechi, the Senate President Ahmad Lawan and Mr Fayemi.

The Minister of Labour and Employment, Chris Ngige, the Minister of State for Petroleum Resources, Timipre Sylva and the President of Africa Development Bank, Akinwumi Adeshina, have all opted out of the race.

Speaking to the delegates, Mr Fayemi asked the delegates to take a bet on him, as he promised to remake Nigeria without unmaking it.

“I am ready for the job. I want you to take a bet on me and you will have no cause to regret. I can remake Nigeria without unmaking it. I believe in Project Nigeria and that Nigeria is worth fighting for and together we can regain the lost glory of Nigeria”, he said.

He promised to tackle the insecurity currently ravaging the country.

Niger State is one of the states currently battling banditry and has experienced multiple mass abductions in the last three years.

Last year, several students were abducted in Tegina, a community in Rafi Local Government of the state. Earlier in the year, the governor of the state, Sani Bello, raised the alarm that at least 220 people have been either killed or kidnapped in attacks on about 300 communities in Niger State this year.

Receiving Mr Fayemi in his office in Minna, Mr Bello described the Ekiti State governor as a friend of the State, noting that if he was in a position to appoint someone president, he would pick Mr Fayemi.

Mr Bello said: “You have been here at least three or four times before now. You have been a close friend to Niger state. It is not now that there is a need for support that people are coming.

“Only five or six people have been to the state but you can count on my support. If you become president, I will relax because I know I will have easy access to you. In fact, if I have my way I will appoint you as the next President after President Muhammadu Buhari.”

Mr Fayemi, who is the Chairman of the Nigerian Governors’ Forum, has been focusing his campaign on security and on several occasions referred to his educational background in war studies.

News

Unpaid allowances causing financial hardship – NSS personnel

It is difficult to make ends meet on a low salary when the prices of products and services are skyrocketing.

The situation gets worse when payment of allowance delays.

Unfortunately, this is the reality for some National Service Personnel (NSP), whose salaries are in 3 months’ arrears. The personnel say the delay is affecting their living standards as they struggle to survive.

Evans is an NSS person living on a monthly allowance of GH₵559. He revealed that he has not been paid for 3 months. According to him, the situation is worrying as he is unable to meet all his needs.

“We have to pay water and light bills. Plus what I will eat, at the same time looking at the increase of transportation. Moving from my residence to where I work, a day I spend close to 60 cedis. We are not paid on time. At the end of the day, they are not increasing the money. Looking at the current economic crisis we are in, we suffer a lot. They are owing us 3 months arrears, they just paid only one month,” he told JoyNews.

The situation is overbearing such that, he has to take a side job.

“I decided to do a part-time job since the money that we receive is like hand-to-mouth. I decided to venture into teaching so I can get extra money to add to the 559,” he narrated.

Another NSS person, Priscilla, is facing a similar challenge. Priscilla amidst the delayed payment of her allowance has joined a WhatsApp NSS platform to embark on a strike until their arrears are paid. Unlike Evans, she depends on her family for support.

“I’m on strike. We planned it as a group. I’m home watching TV and waiting for the government to pay us then we see what happens. When I call my mother, she would say I’m lying and that I’ve been paid. I tell her I’ve not been paid but she doesn’t believe me. But sometimes she does help.”

Pricilla wants her salary paid on time although she said it is not enough to cater for her expenses.

“At least if they were to pay on time, it would help in one way or the other. But they would wait. I’ve not received my salary in 4 months now which is affecting me. It’s not that much but it would still help.”

When she will return to work is unknown. However, Evans and Pricilla, share a common demand; they want their salaries paid on time and increased to keep up with the escalating living costs. Also, some National Service personnel are expected to demonstrate in the upcoming weeks over their delayed payment of the allowance.

‘They signed up for national service, not national suffering’ – Ablakwa demands payment of NSS allowances

The North Tongu Member of Parliament, Samuel Okudzeto Ablakwa on May 16, asked the government to release funds for the payment of National Service allowance arrears for the months of March and April.

He said the delay in the payment of the allowance “is most unfair and insensitive,” given the current harsh economic conditions.

Mr. Ablakwa argued that although the GH¢559 allowance is inadequate, an early disbursement would go a long way to mitigate the economic challenges and the skyrocketing prices of goods and services.

“I would have thought government would, in the face of prevailing harsh economic circumstances, be increasing the current measly allowances and not delaying payment once again.

“How does the government expect these vulnerable personnel, most of whom have been posted far away from home, to survive under the current cost of living crisis?” he queried.

Entertainment News Politics

Banky W Wins PDP Ticket For House Of Reps

 

On Monday, Nigerian singer turned politician Bankole Wellington, popularly called Banky W, won the PDP primaries ticket to represent the party as the House of Representatives candidate in the upcoming 2023 elections.

 

Banky W is contesting for the Eti-Osa Federal Constituency seat and had earlier said he would patiently wait for Peoples Democratic Party (PDP) primary election.

 

The music star won twenty-eight votes while his closest opponent scored three votes.

 

A total of 140 aspirants contest PDP tickets for the 40 seats in the Lagos State House of Assembly, while 85 candidates are vying for the state’s 24 House of Representatives seats.

 

Earlier, Banky W was the butt of internet jokes after following rumours that he had lost his primary election.

 

The keenly contested primaries began at 5 p.m. on Monday.

 

In a viral video, the votes of the primaries were counted and closely monitored by the delegates and members of the party.

 

Banky W first announced his decision to run for the House of Representatives back in November 2018. In the 2019 elections, he contested the House of Representatives seat under the Modern Democratic Party (MDP) but lost to Ibrahim Obanikoro of the ruling All Progressives Congress (APC).

 

The music star announced that he would be running for the House of Reps seat again in April 2022.

 

“We must engage with Nigeria where it is, not where we prefer it to be. In 2019, we planted the seed. In 2023, by the grace of God and with your support, we will win the seat. The time for just talking is over. It is time to #TalkAndDo. I hope I can count on you. We move,” he tweeted at that time.

 

Challenges

On Sunday, Banky W said he would patiently wait for the outcome of the Peoples Democratic Party primary election.

 

In an interview with the News Agency of Nigeria (NAN) in Lagos on Sunday, he gave the assurance while reacting to a delay in the commencement of the primary election.

 

He told NAN that he believed that the delay was to enable the party to get everything right.

 

“I think that is the reason for the delay; if it takes some more time, there is no problem. We will be here as long as it takes, and we shall stay here till the process is completed,” he said.

 

Mr Wellington also urged contestants for PDP tickets to accept the delegates’ will. He expressed optimism that the election would hold peacefully and orderly.

 “We will all align with whoever has the ticket. You need two things to win: the grace of God and the will of the people. I am very optimistic that I have both, and at the end of the day, that will be clear for everyone to see, and we can move forward together,” he said.

 

Egunjobi Segun, contesting for Eti-Osa 1 Constituency in Lagos State House of Assembly, told NAN that the delay was unfortunate.

 

He noted that the time given by the party for the election was 8 a.m., saying that delegates had yet to arrive at the time of the report.

 

He expressed the hope of winning the election but said that the people’s will would prevail.

 

Ademola Oyede, also contesting for Eti-Osa Constituency 1, told NAN that logistics involved in mobilising electoral officers and others contributed to the delay in starting the primary election.

 

“We also have to consider Lagos traffic; yesterday, there was a downpour in the state. Whenever we start the process, we are confident that chosen contestants will reflect the people’s will,” Oyede said.

News

Unpaid allowances causing financial hardship – NSS personnel

It is difficult to make ends meet on a low salary when the prices of products and services are skyrocketing.

The situation gets worse when payment of allowance delays.

Unfortunately, this is the reality for some National Service Personnel (NSP), whose salaries are in 3 months’ arrears. The personnel say the delay is affecting their living standards as they struggle to survive.

Evans is an NSS person living on a monthly allowance of GH₵559. He revealed that he has not been paid for 3 months. According to him, the situation is worrying as he is unable to meet all his needs.

“We have to pay water and light bills. Plus what I will eat, at the same time looking at the increase of transportation. Moving from my residence to where I work, a day I spend close to 60 cedis. We are not paid on time. At the end of the day, they are not increasing the money. Looking at the current economic crisis we are in, we suffer a lot. They are owing us 3 months arrears, they just paid only one month,” he told JoyNews.

The situation is overbearing such that, he has to take a side job.

“I decided to do a part-time job since the money that we receive is like hand-to-mouth. I decided to venture into teaching so I can get extra money to add to the 559,” he narrated.

Another NSS person, Priscilla, is facing a similar challenge. Priscilla amidst the delayed payment of her allowance has joined a WhatsApp NSS platform to embark on a strike until their arrears are paid. Unlike Evans, she depends on her family for support.

“I’m on strike. We planned it as a group. I’m home watching TV and waiting for the government to pay us then we see what happens. When I call my mother, she would say I’m lying and that I’ve been paid. I tell her I’ve not been paid but she doesn’t believe me. But sometimes she does help.”

Pricilla wants her salary paid on time although she said it is not enough to cater for her expenses.

“At least if they were to pay on time, it would help in one way or the other. But they would wait. I’ve not received my salary in 4 months now which is affecting me. It’s not that much but it would still help.”

When she will return to work is unknown. However, Evans and Pricilla, share a common demand; they want their salaries paid on time and increased to keep up with the escalating living costs. Also, some National Service personnel are expected to demonstrate in the upcoming weeks over their delayed payment of the allowance.

The North Tongu Member of Parliament, Samuel Okudzeto Ablakwa on May 16, asked the government to release funds for the payment of National Service allowance arrears for the months of March and April.

He said the delay in the payment of the allowance “is most unfair and insensitive,” given the current harsh economic conditions.

Mr. Ablakwa argued that although the GH¢559 allowance is inadequate, an early disbursement would go a long way to mitigate the economic challenges and the skyrocketing prices of goods and services.

“I would have thought government would, in the face of prevailing harsh economic circumstances, be increasing the current measly allowances and not delaying payment once again.

“How does the government expect these vulnerable personnel, most of whom have been posted far away from home, to survive under the current cost of living crisis?” he queried.