Friday, 23 November 2012

Nigeria to host D8 trade talks February

On November 23, 2012 · In News
11:30 am
 0 ISLAMABAD (AFP) – Nigeria will host trade talks among the Developing Eight in February as part of efforts to increase business within member states and Africa, Nigeria’s trade and investment minister said.
“I will be hosting the trade and industry ministers from the D8 countries sometime around February next year to come up with a strategy plan on how we can increase trade within the D8,” Olusegun Aganga told reporters.
Aganga, who held talks with his Egyptian counterpart on the margins of the D8 summit in Islamabad, said there were also plans to boost trade within Africa. Nigeria and Egypt are the only two African members of the D8.
“The outcome of our meeting is that we felt it was important that the ministers of trade and industry come together to look at how we can work together to promote trade but first within the D8 countries,” Aganga said.
Aganga said African intra trade is very small at 12 percent, compared to Europe at more than 60 percent and about that or more in Asia.
“We thought there was a need for some of these countries in Africa to come together and come with a strategic plan to first of all create the right environment for trade to thrive within Africa,” Aganga said.
He said Nigeria has also agreed to host a meeting with Egypt, Kenya and South Africa next year to look at how to remove bottlenecks and increase trade.
“This is an opportunity for Africa to come together and increase the intra trade in Africa. It must also be a target to significantly increase the intra trade within D8.”
Aganga said he met his Pakistani counterpart on Thursday and that the two countries agreed to collaborate in sugar manufacturing and textiles.
The D8 groups Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan and Turkey, with an estimated total population of one billion.

Saturday, 3 November 2012

CSR ( Cooperate Society Responsibility).

The aim is both to enhance positive impacts – for example through the innovation of new products and services that are beneficial to society and enterprises themselves – and to minimise and prevent negative impacts.

 It also the impact of a company's action on a society. CSR means a company should be held accountable for any of its actions that affect people, their communities and their environment.

CSR mandates that the cooperation has not only economic and legal obligations, but also certain responsibilities to society that extend beyond these obligation.

 

THE 2 PRINCIPLE OF CSR:

Charity 

Stewardship

 

CHARITY: Business should give voluntary aid to society needing person. Example voluntary action to promote social good .

 

STEWARDSHIP: Business acting as a public trustee, should consider the interest of all who are affected by business decision and policies.

 

Acknowledging business and society involve depending, balancing the interest and need of many diverse rule in a society.

 

CSR: Arguments For

 

Addresses social issues business caused and allows business to be part of the solution. 


Protect business self-interest.


Limits future government intervention.


Address issues by using business resources and expertise.


Addresses issues by being proactive. 

Sunday, 28 October 2012

the concept of "ethical relativism." Ethical relativism is the theory that holds that morality is relative to the norms of one's culture. That is, whether an action is right or wrong depends on the moral norms of the society in which it is practiced. The same action may be morally right in one society but be morally wrong in another. For the ethical relativist, there are no universal moral standards -- standards that can be universally applied to all peoples at all times. The only moral standards against which a society's practices can be judged are its own. If ethical relativism is correct, there can be no common framework for resolving moral disputes or for reaching agreement on ethical matters among members of different societies. Most ethicists reject the theory of ethical relativism. Some claim that while the moral practices of societies may differ, the fundamental moral principles underlying these practices do not. For example, in some societies, killing one's parents after they reached a certain age was common practice, stemming from the belief that people were better off in the afterlife if they entered it while still physically active and vigorous. While such a practice would be condemned in our society, we would agree with these societies on the underlying moral principle -- the duty to care for parents. Societies, then, may differ in their application of fundamental moral principles but agree on the principles. Also, it is argued, it may be the case that some moral beliefs are culturally relative whereas others are not. Certain practices, such as customs regarding dress and decency, may depend on local custom whereas other practices, such as slavery, torture, or political repression, may be governed by universal moral standards and judged wrong despite the many other differences that exist among cultures. Simply because some practices are relative does not mean that all practices are relative.

Monday, 22 October 2012

Education must not fail another generation by Obasanjo

By OLUSEGUN OBASANJO

MY life was utterly changed at the age of eight when I was sent to school – a journey that saw me abroad for further and higher education.
This precious education meant I could return to my country and support efforts to improve the lives of future generations and make meaningful contribution to development process all over the continent of Africa.
This was more than five decades ago. Today, as the publication this week of UNESCO’s Education for All Global Monitoring Report shows, we the world continue to fail our children.
The UNESCO report shows that one in five young people in developing countries have never completed primary school. In Nigeria where I grew up, we have more children out of school today than we had at independence.
Chief Olusegun Obasanjo
Education is not merely a problem for the education ministries to solve. In today’s global economy, failing to provide proper education will undermine economic growth and reinforce social inequalities.
Africa has some of the world’s fastest growing economies, as we highlight in our 2012 Africa Progress Report, and this pace looks set to continue for the coming years. But oil and minerals alone will not sustain this economic growth. And development indicators suggest the growth figures are much less impressive than they initially seem.
Places like the Republic of Korea and other East Asian ‘tiger’ economies teach us that a meaningful and sustainable growth surge can only be maintained by emphasizing the development of our youth with skills and education.
At the Africa Progress Panel, we talk about a “twin crisis” in Africa’s education. The numbers of children out of school may have dropped significantly between 2000 and 2009 but Africa is still on track to have 17 million children out of school in 2025, a decade after the world’s 2015 target date for universal primary education.
Meanwhile, many African children are receiving an education of abysmal quality. Far from equipping themselves for a globalized economy, millions of Africans emerge from primary school lacking basic literacy and numeracy skills.
They face the prospect of marginalization, poverty, and insecure unemployment. They easily fall into crime and squalor.
UNESCO’s Global Monitoring Report shows that investment in schoolchildren and students represents a sound financial opportunity.
If 75 per cent more 15-year-olds reached the most basic benchmark in maths, then economic growth could improve by 2.1 per cent, and 104 million people could be lifted out of poverty.  An African NGO, Camfed (The Campaign for Female Education), supports poor girls from rural areas with grants and training in business management, for example.
Young women’s businesses
More than nine in ten of the young women’s businesses are now making profit as a result of the work of this NGO. Governments and their partners must make it easier for more children to go to school, no matter how disadvantaged they are – and to ensure they receive a better quality education when they do.
As we make clear in this year’s Africa Progress Report, governments should target those who have been left behind. A child’s education should not depend on whether they are male or female, or on whether their parents are rich or poor, urban or rural. Public spending should target disadvantaged schools and regions. Financial transfers aimed at keeping children in school – and young girls out of child labour or early marriage – all have a role to play.
Second, we need to find more teachers and equip them to teach. Too often, our children are being subjected to rote learning by teachers lacking the skills to deliver effective instruction, and lacking the support to improve their performance. And too often they are sitting in classrooms lacking benches to sit and textbooks. This cannot be an effective way of learning.  Children are more discouraged than encouraged to learn within the environment and quality of teachers provided.
Third, we need to see more attention paid to the education crisis in conflict countries, where conflicts that last a decade or more can set back education by a generation. Fourth, donors must spent less time talking about commitments and more time acting on those promises. We need US$16bn a year just to keep the Education for All promise made in 2000 that by 2015 all children are able to complete their primary education. To achieve universal lower secondary school enrollment would cost a further US$8bn.
For those who have seen the school system fail them already, we need ‘second chance’ programmes to ensure young people have the skills they need. There are encouraging signs here. In Malawi, where only half of children manage to complete primary school, as many as 10,000 students have taken part in such a scheme; half of those so far have either completed the course or returned to primary school.
I was given my chance to succeed with the education received more than sixty years ago. And for today’s small girls and boys we have to take action now. By 2030 there will be three and a half times as many young people in sub-Saharan Africa as there were in 1980.  We cannot afford to fail another generation.

Monday, 8 October 2012

THE SINGAPORE ECONOMY.
Singapore is a country knows for highly developed and successful market economy. It is located at the South-East Asia. It business environment is relatively open and low tax rates. The economy is corrupt-free and transparent to a reasonable level. The economy has a stable price comprise to other developed countries and with one of the highest per-capital gross domestic products in the world.  Singapore main exports provide revenue for the economy. Singapore purchases raw goods and refining them for re-export such as the oil refining.  It education policy provide the skill needed to refine imports into export. The port of Singapore is known as one of the busiest in the world surpassing Rotterdam and Hong Kong. 
As a result of the high standard of living in Singapore the level of unemployment is very low; on 20 February 2009 Singapore unemployment rate was 2.2%.  On 11 March 2011, the Singapore government announced it foreign reserves as $233.368billion. The Singapore economy is known as one of the fast growing economy in the world

Sunday, 30 September 2012

HAPPY INDEPENDENCE DAY NAIJA PEOPLE "We on this continent should never forget that men first crossed the Atlantic not to find soil for their ploughs but to secure liberty for their souls." Robert J. McCracken


Whistle Blow: Time Magazine admits accepting bribe from Nigerian President

Abuja – When Time magazine published its 2012 list of the 100 mot influential people in the world a lot of Nigerians were shocked to discover that Rihanna had made the list but not Nigerian Pastor T.B. Joshua.

Equally shocking was the inclusion of President Goodluck Jonathan on the list.

Some Nigerians pointed out that the list also included Syrian President Bashar Assad, North Korean Supreme Leader Kim Jong Un, and Taliban leader Mullah, making President Jonathan’s inclusion seem logical.

While Nigerians continue to seek therapy to deal with their president’s name appearing on the list, a whistle blower has revealed that President Jonathan may have paid for the privilege.

At least this is what said whistleblower has claimed on micro-blogging site twitter where Nigerian intellectuals discuss the politics of their Nation and insult their innocent president before attempting to set-P with one another.

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Wednesday, 26 September 2012

ETHICS IN  THE WORK PLACE

Ethics is requested in every single aspect of our lifetimes even though of locale and period whether at residence or at work though ethics is extremely vital in the workplace because of the assorted kinds or kinds of misconduct in the workplace.some of that are;

1. Harsh or intimidating deeds towards employees

2.Lying to operatives, customers,vendors or the public

3.Discrimination on the basis of contest, color, gender, period or comparable categories

4.Stealing or theft

5.Bribery

6.Sexual harassment

7.Misreporting of actual period worked

8.Violation of protection regulations

9.Inappropriate gifts

10.Unauthorized payments

11.Employee fight of interest

 A little of the reasons why ethical setbacks transpire in company are due to;

1.Personal gains and egocentric interests(greed)

2.Competitive pressures on profits

3.Conflict of hobbies i.e acting things that might compromise a business

4.Cross traditional contradictions i.e. difference in beliefs,customs etc

However the reasons why company ought to be ethical include;

1.To encounter demands of company stakeholders

2.To enhance company performance

3.To comply alongside lawful requirements

4.To stop or minimize harm

5.To advance confidential morality

It is vital to note that being ethical is lucrative i.e. Ethical = Profitability

CONCEPTS OF ETHICS OR ETHICAL REASONING

There are four thoughts of ethics industrialized by  disparate ethical theorists above generations utilized to discriminate ethical behaviors from unethical behaviors.each of these thoughts has its merits and demerits as well they are;

1. Justice

2.Relativism

3.Rights

4.Utilitarianism

Sunday, 23 September 2012

DEFINITION OF ETHICS AND THE LEVEL OF UNETHICAL BEHAVIORS IN THE PRESENT WORLD.

 DEFINITION OF ETHICS AND THE LEVEL OF UNETHICAL BEHAVIORS IN THE PRESENT WORLD.
       Ethics is the conception of right and wrong conduct that tell us whether our behavior is moral or immoral.  Ethics are a personal set of principles that conduct right and wrong. This can be based in religious beliefs, based on a fear of the law and its consequences or just behavior. What is ethical for one person may not be the same for someone else. Someone who is ethical may or may not be religious but have a high ethical standard ( a feeling of right or wrong) but that does not mean that you have to have a religious belief to be ethical.
Below is the level of unethical behaviours in work places;

Government   66%
Sales              51%
law                 40%
Media             38%
Fiance             33%
Medicine         21%
Banking           18%
Manufacturing  14%
Finally, Ethics can be referred to as the moral correctness of specified conduct or the moral principle that govern a person.