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Although Nigeria’s Implementation Strategy Of The African Growth And Opportunity Act (AGOA) Might Have Affected The Benefit...
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Mac And Cheese
~2.3 mins read
Although Nigeria’s implementation strategy of the African Growth and Opportunity Act (AGOA) might have affected the benefits from the scheme, the Nigerian American Chamber of Commerce (NACC), is hopeful that bilateral and diplomatic ties between the two countries will improve in the coming years.
According to the NACC President, Oluwatoyin Akomolafe, the Chamber is poised to promoting business relationships between Nigeria and the United States.
Speaking during a courtesy visit to Rutam House, The Guardian headquarters, Akomolafe noted that while visa refusal rates might have increased in the last few years, thereby straining bilateral ties between the countries, he is hopeful that Nigeria can take advantage of the AGOA scheme for improved export earnings.
Besides, Akomolafe noted that the visit was basically to discuss activities of the Chamber, preparatory to its 60th year anniversary celebrations already postponed to the first quarter of next year because of the Covid-19 pandemic.
He also emphasised the need for non-oil exporters to embrace higher standards while exploring the U.S. markets, saying: “Our members stand to gain a lot more with higher standards of exports and better access to finance under the AGOA project but that is currently addressed by the Chamber through education and training of members.â€
The Federal Government had in 2018 begun the implementation strategy to ensure that non-oil products are duly accepted in the U.S. under AGOA.
The products that are being considered for export under AGOA include sesame seed, cashew, tomatoes, oranges, cassava, spices and ginger.
Others are Shea butter, cowpea, banana, plantain, cement, clinker, leather and articles of leather, arts and handicrafts, specialty foods and cocoa.
With five years to the expiration of the extended AGOA, the United States had earlier expressed concerns about the performance of the scheme, noting that petroleum products continued to account for the largest portion of AGOA imports, with a 67% share.
For exporters looking to explore the U.S. markets, Akomolafe explained that the Chamber is an AGOA Resource Centre, and works with the Commercial Section of the U.S. Embassy, Nigerian Export Promotion Council (NEPC), in assisting its members with standards, among others, in exporting non-oil and agro-allied products to the United States.
Indeed, the Assistant U.S. Trade Representative for Africa, Constance Hamilton, had said AGOA has not led to the trade diversification the U.S. originally anticipated.
On Nigeria’s performance under the scheme, Hamilton said: “I think that Nigeria has not taken advantage of AGOA because they send us mainly oil, so in a certain extent, they actually are taking advantage of it—probably more than some of the other countries—but it is petroleum. And oil doesn’t really create the kind of jobs or other benefits from trade that I think that countries are looking for.
“I really think that the question for the Nigerian government is how do we take better advantage of the opportunities that AGOA presents? I mean, we have opened the door; we’ve got the trade hubs there to provide assistance to individual entrepreneurs, but it’s up to the government to create the conditions and to provide its businesspeople with what they need to access this market.â€
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More Knocks Trail FG’s Selective Border Waivers
~2.1 mins read
Varied reactions have continued to trail the Federal Government’s exemption of Dangote Cement, BUA, and a gas supply firm from the land border trade restriction policy, saying the action contravenes the spirit of competition and the Constitution.
Stakeholders condemned the government’s selective approach to the economic policy, which allows the three conglomerates to resume exports across Nigeria’s land borders without any restrictions, saying it was making a few individuals richer at the expense of others whose businesses have been crippled due to the border closure.
The Presidency had on August 20, 2019, ordered the closure of the land borders against neighbouring countries in the sub-region aimed at not only prohibiting unchecked cross-border movement of goods, but also to encourage local production, create employment, and protect upcoming industrialists.
To this end, the Nigeria Customs Service (NCS) established the Exercise SWIFT Response, to end rampant smuggling across the porous frontiers in which seizures estimated at N11billion was recorded from the operation.
Although the Customs Service confirmed that three companies were granted presidential approval to resume exports through the land borders, its National Public Relations Officer, Joseph Attah, said the exemption indicates that the ongoing diplomatic engagement between Nigeria and the governments of neighbouring countries was yielding results.
But stakeholders condemned the presidential approval, saying the exemption for a few conglomerates contravenes the law. The Senator representing Ogun West Senatorial District in the National Assembly, Tolu Odebiyi, described the alleged special treatment granted to some Nigerian companies to import and export goods across the borders as unfair.
Odebiyi, who spoke to journalists in Abuja, insisted that Chapter 4, section 42 of the Constitution, granted the right to freedom from discrimination to every citizen, while urging the Federal Government to develop a comprehensive policy based on objective criteria to enable other deserving businesses to apply for similar waivers.
The lawmaker, who has been fighting for the reconsideration of the stringent border closure policy since August 2019 when the policy came into effect, objected to the “selective exemption†of certain companies from border closure when thousands of small businesses in his constituency had gone into extinction because of the land border policy.
He said: “It is in fact a breach of the law, as contained in Chapter 4 Section 42 (1) of the Constitution, which states that any law that gives preferential treatment to a particular individual, company or group is a breach of the law of the Federal Republic of Nigeria.
“If you are going to relax the policy, then it should be across the board. We have companies in Agbara in Ogun State that are adversely affected and nothing is being done to help them. I think it is not proper to give exemption to one company to the detriment of others. What will happen to the other companies most affected?
Also speaking to The Guardian, the President, the National Council of Managing Directors of Licensed Customs Agents (NCMDLCA), Lucky Amiwero, noted that the exemption of the three companies contravene Section 42, 1b of Nigeria’s Constitution.
Business and Money
ANNOUNCEMENT To All Flowextra Members
November 15, 2020
394 359
Dear Esteem Flowextra Members, This Is To Inform You About The Increment In Th...
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ANNOUNCEMENT To All Flowextra Members
~4.1 mins read
November 15, 2020
394 359
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3, Provision of another way of earning everyday for all members (To be launched by January 2021)✅, etc.
Happy Earnings
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Uthmankunmi
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How To Answer This Question In An Interview ‘Sell Me This Pencil’
~3.5 mins read
Indeed, this exemplary inquiry actually comes up in 21st-century prospective employee meet-ups—especially those for deals jobs.
Caroline Zaayer Kaufman, Monster benefactor
The most effective method to address the prospective employee meeting question ‘Sell me this pencil’
How well do you sell?
You’re sitting in a prospective employee meet-up prepared to address any scrutinize the recruiting supervisor has about your capabilities and why you’re an incredible fit for the work. At that point he holds up his composing instrument and says, “Sell me this pencil,†or, “Sell me this pen.â€
This solicitation is close to as old as the prospective employee meeting itself. It’s a basic inquiry—ordinarily intended for possibility for deals positions—yet it tends to be hard to reply. What’s more, you may be amazed to realize what the questioner is wanting to hear.
“Most questioners are screening for certainty and cogency,†says Brett Cenkus, a Texas-based business expert and legal counselor who has prepared deals experts. As a rule, questioners utilize this inquiry to figure out your business style and experience, he includes.
There are a couple of rules stars like Cenkus propose you follow while creating your reaction:
Pose inquiries—loads of inquiries
The appropriate response put on the map in the film The Wolf of Wall Street—where stockbroker Jordan Belfort (played by Leonardo DiCaprio) asks a companion, “Sell me this pen.†The companion takes the pen and requests that Belfort record his name on a napkin. Belfort says he can’t, he doesn’t have a pen, and the companion says, “preciselyâ€â€” is really not the best methodology in this genuine circumstance.
Indeed, Belfort revealed to Piers Morgan on CNN in 2014 that the best sales reps will pose inquiries before they attempt to sell anything.
Different specialists concur the best reaction is one that begins with a lot of inquiries.
“An ideal reaction to an inquiry like this would be for the agent to begin posing infiltrating inquiries about me and my business that would assist them with distinguishing whether I truly need a pencil in any case,†says Christopher Searles, leader of New York–based Searles Media, who interviews deals up-and-comers consistently. “Having the option to effectively distinguish a possibility’s needs is the absolute generally significant, and frequently generally neglected, part of being a decent salesman.â€
By posing inquiries, you can sell the pencil not as an item, but rather as an answer for the purchaser’s concern.
You state: “I’d prefer to comprehend your necessities encompassing pencils. What are you presently utilizing to compose with? Where do you frequently utilize this composing instrument and what kinds of things do you regularly compose? Is it true that you are content with your present composing devices? If you somehow managed to consider another seller for your composing executes, what might be essential to you?â€
Comprehend their requirements and turn if vital
You’re selling the pencil, and you ask the questioner, “What are you presently utilizing to compose with?†His reaction, “Isn’t anything, I never compose.†What do you do straightaway?
“Try not to be reluctant to state, ‘Gracious, seems as though you’re not in the market for the pencil I’m selling. Do you know any individual who is?'†Cenkus says. “Try not to sit around idly pitching to individuals who don’t have any utilization for what you’re selling.â€
Except if you’re planning to aggravate somebody into purchasing your pencil, don’t continue pushing when the purchaser says he needn’t bother with one.
You state: Since you have no utilization for this pencil I’m selling, is there another person in your organization who may require one?
Prop the discussion up
Plan your discussion to dodge impasses. One regular snare: Starting your attempt to close the deal by running through all brilliant characteristics of the pencil. “The most noticeably terrible thing you could do because of this inquiry is to begin selling me first without deciding whether you have something of significant worth to bring to the table me,†Searles says.
Furthermore, after you list all the beneficial things about the pencil, inquire as to whether he needs to get it, and he says no, you’ve run out of comments, Cenkus says. Most candidates misfire after this occurs.
It’s OK to counterfeit your certainty a piece to keep the discussion streaming. That beats sitting peacefully. “The most noticeably terrible thing an interviewee can do isn’t attempt,†Cenkus says.
Rancher concurs. “The questioner would consider that to be somebody who is effectively shaken and can possibly self-destruct in a sudden circumstance.â€
You state: “Well, I’m certain we can locate the correct item to address your issues. Okay prefer to survey this pen? It’s really an update from the pencil.â€
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US: Parents Can’t Be Found For 545 Kids Isolated By US Outskirt Strategy
~1.2 mins read
The guardians of 545 traveler youngsters who were isolated under US fringe strategy can’t be found, a court recording and US rights bunch uncovered Tuesday.
The partitions were done comparable to US President Donald Trump’s “zero resilience†strategy toward travelers who wrongfully crossed the outskirt.
“Through our prosecution, we simply answered to the court that the guardians of 545 children – persuasively isolated by the Trump organization’s remorseless family partition practice – still can’t be discovered,†the American Civil Liberties Union tweeted.
Under the zero resilience program, the US started isolating kids from their folks in May 2018, provoking a homegrown and global objection.
At that point, a month and a half into the training Trump reported that his organization would quit isolating families except if the guardians represented “a danger†to their kid
66% of the guardians who can’t be found are accepted to have been expelled, as per a court record posted online by CNN.
As indicated by NBC News, the youngsters whose moms and fathers still can’t seem to be found were isolated under a 2017 test case program in front of the zero resilience strategy, and were expelled.
“It is basic to discover however much as could reasonably be expected about who was liable for this horrendous practice while not dismissing the way that several families have still not been found and stay isolated,†Lee Gelernt, agent overseer of the ACLU Immigrants’ Rights Project told NBC.
“There is a lot more work to be done to discover these families.â€
The worldwide Covid pandemic quickly hampered a quest for the kids’ folks, however has now continued.
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ATPCO President And CEO Rolf Purzer Announces Retirement
~2.5 mins read
DULLES, VA – After 24 years of service at ATPCO, President and CEO Rolf Purzerhas announced he is retiring. Purzer joined ATPCO in 1996 and has been in his current role since 2017, driving significant transformation at the 55-year-old industry organization. He will retire from the organization effective January 2021. Alex Zoghlin will officially join ATPCO on November 1 for an in-depth hand-over and will commence his CEO duties on January 1, 2021.
Since Purzer began his tenure as CEO, ATPCO has been on a journey of transformation from a legacy utility to a modern, agile industry organization that facilitates collaboration with the community across standards, governance, and innovation. Purzer oversaw the company’s acquisition of Routehappy, the first in ATPCO’s history. He also spearheaded the launch of the NDC Exchange platform, while pushing the organization forward with the creation of dynamic pricing capabilities for airlines and injecting a more agile mindset into the half-century-old company.
Purzer oversaw fresh personnel changes that brought agility and diversity to its leadership and management teams while accelerating the hiring of new talent and the appointment of Routehappy executives to the ATPCO leadership team. Today, more than half of ATPCO’s workforce have been at the company for five years or less and are working alongside long-tenured executives – who are known for their in-depth knowledge and understanding of the complex airline industry – to push the organization toward new innovation. Purzer also supported transformation at ATPCO with value-based initiatives such as ATPCO’s Lead from the Front program, focused on developing women leaders.
ATPCO’s vision toward all content, all channels, and best-in-class tools remains unchanged. ATPCO has been the connective tissue between airlines and distribution, supporting an entire ecosystem; our mission to support the airline industry will not falter,†Purzer said. “It has been a privilege to work at ATPCO for the last quarter century and serve as ATPCO’s CEO for the last four years. I will be leaving ATPCO in the capable hands of dedicated staff and, with the Board’s full blessing, I know Alex will be a leader that can continue to move ATPCO into the next chapter.
With a long history in airline distribution, ATPCO has in recent years expanded its portfolio beyond fare filing to support airlines in becoming modern retailers by enabling them to display their unique value proposition beyond just price. ATPCO now covers all aspects of flight shopping, across pricing, retailing, distribution, and settlement, ensuring each element works seamlessly across new and old technologies and methods.
Jerry Foran, Head of Product Delivery, Global Revenue, at British Airways and Chair of the ATPCO Board of Directors, expressed his gratitude to Purzer: “For decades, Rolf has been a leader supporting the air distribution ecosystem. He has fundamentally shaped ATPCO into a modern industry utility whose innovation is changing flight shopping for the better. With Alex joining ATPCO, the organization is in good hands and well positioned for the future, and it will continue to serve the industry as an integral and neutral organization.â€
While the industry is currently facing one of its toughest challenges in the COVID-19 pandemic, Purzer’s retirement has been more than a year in the making. Purzer has been leading ATPCO’s urgent COVID-19 response, with the organization responding swiftly with multiple solutions that are supporting the industry.
Alex Zoghlin is a serial entrepreneur. He is the founder of several companies, including the online travel agency Orbitzas well as G2 Switchworks, a direct connect between major airlines and third-party distributors, which was acquired by Travelport. In addition, he held several senior management positions including Hyatt Hotel Corporation and Machine Learning Ventures.
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Costa Navarino Awarded 2020 Clubhouse Of The Year
~2.4 mins read
The uniquely designed Bay Course clubhouse covers an area of 2000m2 and blends seamlessly into the natural landscape.
Regarded as the Mediterranean’s prime, sustainable destination, Costa Navarino is celebrating a new international golf award after the clubhouse on its acclaimed Bay Course was voted ‘Clubhouse of the Year 2020’ by Golf Inc. magazine.
The striking earth-sheltered building, which has received global attention after being unveiled last summer, took first place in the ‘public clubhouse’ category of the prestigious annual awards.
The uniquely designed Bay Course clubhouse covers an area of 2,000m2 and blends seamlessly into the natural landscape. Only clearly visible when playing the closing hole, its indoor and outdoor spaces afford stunning vistas across the renowned Robert Trent Jones Jnr-designed golf course to the historic Bay of Navarino, enhancing the Bay Course’s positioning among the most scenic golf courses in Europe.
Nuno Sepulveda, director of golf and sports business development at Costa Navarino, said: “We are delighted to have received this award from Golf Inc. magazine. The feedback that we have received from guests has been overwhelming since we opened the clubhouse, the architects have done an incredible job and the view from the upper floor and terrace is truly memorable.
Designed by Athens-based AETER Architects – with interiors by London’s MKV Design – the Bay Course clubhouse is aligned with Costa Navarino’s sustainable principles to preserve and enhance the local environment. The clubhouse is ideally located in a varied landscape with features that combine a pristine coastline with tree-lined hills, olive groves and sweeping sea views.
Based on the doctrine of bioclimatic architecture it features planted roofs which include a total of 27,500 plants and trees – both around the clubhouse and on its roof – as well as materials and systems that maximise the building’s energy efficiency.
AETER Architects, (Mr. Charry K. Bougadellis, architect), said: “It’s a great honour to receive this award, and we’re very pleased with the construction and overall execution of this project.
Our favourite part is how the majestic view is spectacularly revealed to the visitors once they enter the interior of the clubhouse. The visitor arrives to the almost ceremonial entry plaza and the building’s entrance front functions as a theatrical curtain that conceals the protagonist, which is the landscape itself. Then they enter, and the stunning view unfolds.
The clubhouse’s unique design and facilities, which also include an impressive pro shop and Ted’s Lounge, offering culinary delights to golfers, further enhance the golf offering at Costa Navarino and the unique experiences for its guests.
One of the world’s leading sustainable destinations, Costa Navarino is renowned for its pristine coastal location, outstanding landscape, cultural heritage, luxury hospitality and real estate. A commitment to the highest standards of environmental and social responsibility exist throughout its operation, as well as a desire to promote the entire region of Messinia, while protecting and preserving both its natural beauty and heritage.
And the destination is set to further improve its golf luxury experience with the development of two new 18-hole golf courses which, stretching over 150 hectares at Navarino Hills, are on track for a spring 2022 opening. Complementing the signature layouts at The Dunes Course and The Bay Course, the two courses will boost Costa Navarino’s position as one of the world’s most environmentally-friendly golf destinations.
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LNG Playing Key Role In Global Gas Markets Amid Demand Shock
~2.2 mins read
Global herbal gasoline call is prophesy in conformity with arrive by way of three through cent year-on-year, yet a hundred and twenty billion solid metres (bcm), that year, according to a modern report by the International Energy Agency (IEA). The organization spoke of the estimated make a bid wound among the global herbal gasoline markets between 2020 prompted by a combination of factors, which include the Covid-19 pandemic, is the biggest among recorded history.
The modern IEA's Global Gas Security Review 2020, launched about Monday, shows so much considering the fact that the global markets confronted a ancient study within gasoline call within the forward partially over the year, liquefied herbal fuel (LNG) has been enjoying a medium role in model international gasoline markets, making sure pliability or security concerning supply. Producers and exporters have been adjusting supply thru a number means, such as production shut-ins and discount between LNG then pipeline fuel volumes via contractual facility mechanisms.
Without the elasticity on global LNG supply, the Paris-based agency spoke of the coordination to it year's make a bid stroke would bear been less orderly, then may want to probably bear had a destructive impact about the commercial then contractual buildings underpinning global gasoline trade.
IEA observed while Covid-19 is a fundamental purpose of the historical claim shock, an particularly mild winter between the north hemisphere contributed drastically as global fuel assert dropped by four care of cent in H1 2020. The mature markets throughout Europe, North United States of America or Asia are additionally predicted according to account because on 80 through cent regarding the portend decay in global herbal fuel claim for 2020.
The current report, which presents manifest analysis concerning current LNG contracting developments then assesses the function regarding flexibility among gas supply adjustments, noted the United States performed a great role among the need pattern so that accounted because of the largest quantity on the downward adjustment of international LNG grant in the preceding partially over the year.
The file additionally highlighted the strong positive aspects of gas costs within the third footsie about it year, similar the supply changes yet improving demand. Natural fuel spot costs had plummeted in conformity with their insignificant degrees of at least a decennary between Q2 2020.
Low LNG contracting pastime is predicted according to persist upstairs the subsequent 5 years as much as regards one-third (about 190 bcm) of energetic contracts are fit according to expire in 2020 and 2025. This length coincides with then the building over the Nigeria Liquefied Natural fume (NLNG) Train 7 assignment is anticipated according to stay completed. The NLNG signed the Engineering, Procurement and Construction (EPC) contracts because of the additional liquefaction teach of May regarding it year, or the task is expected in imitation of stand fulfilled within 2025.
The call lifting subsequent yr is likely in accordance with lie supported through fast-growing markets between Asia, Africa and the Middle East, along incomplete about the extra mature markets seeing sedate recoveries. However, even are uncertainties above the look due in conformity with the second anxiety of Covid-19 then the aspect over a prolonged pandemic.
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