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Nigeria’s Ranking As 59th Most Corrupt Nation Unacceptable – Minister

The Minister of Finance, Dr Segun Aganga has said that one of the major concerns of the present administration is the rating of Nigeria as 121 out of the 180 most corrupt countries in the world.

Such countries where corruption is common are the ones that suffer bad in their economy. One other major problem to tackle is the increase in the number of scams in trading. If you are looking for a reliable trading bot this review should help.

When people make their decisions after doing enough research and knowing the reviews then the financial troubles can be minimised. But corruption, that is a bigger problem to tackle.

The minister who disclosed in Lagos on Tuesday at the Nigeria Extractive Industries Transparency Initiative (NEITI) event tagged “Road Show” in the South West, however said that efforts are ongoing to reposition the country on the right path.

Aganga noted that Nigeria’s current ranking as 121 out of 180 in the global corruption perception index (CPI), was unacceptable and that as a people, Nigerians must be ready to battle corruption through the promotion of transparency, accountability and the establishment of checks and balances to strengthen the rule of law with a view to achieving significant improvement in Nigeria’s ranking in the corruption index in 2013.

The minister who was represented by Alh Madiu Haruna, Deputy Executive Director, Economy Research and Policy Management said that past efforts aimed  at combating corruption had not been efficacious.

Haruna said that an effective anti-corruption strategy must incorporate real effort to significantly reduce the reported causes of corruption, namely lack of social security, dearth of employment opportunities and wide spread  poverty.

” It gives me great pleasure to be part of you this morning on the occasion of the South-West zone road show and town hall meeting. I wish to seize this opportunity to congratulate NEITI for the success  recorded in the Owerri and Kaduna road shows.

“It is believed that this forum will work even beyond the set objective of promoting transparency in government finances by enacting and implementing stringent laws on financial reporting, disclosure requirements,” he said.

He said  it was also believed that if the anti-corruption agency effectively performed its functions,  Nigeria’s position could be shifted from  the current ranking of 121 to 60  by 2013.

He said that the ministry would ensure strong commitment to combat all forms of corruption at all levels.

“I will like to reiterate that it is my aspiration to see more of my ministry’s collaboration with NEITI and other relevant organizations so as to make significant positive impact on Nigerians.

“I identify with the cardinal principle of coordinated approach and collaboration with relevant organizations and agencies which l believe, would help in the achievement of the lofty goals now and in the near future,” he added.

The minister said that with the huge presence of the best brains to combat corruption, I have no doubt in my mind that the expectation of people would be met, while urging Nigerians to count on the cooperation of the finance ministry in combating corruption

 

Delta North PDP Stakeholders Oppose Uduaghan’s 2nd Term Bid

The Peoples Democratic Party  stakeholders in Delta North have opposed Governor Emmanuel Uduaghan’s second tenure.

This decision was taken after an enlarged meeting of Anioma  people after taking what was described as a ‘critical look’ at  events in the last few years in the state.

Protests and unexpected turn of political events like these are known to affect the economy a great deal. The resilience of a country lies in growing out of them. This can be achieved by strengthening the economy and by adopting the latest trends in the finance sector. This would also require the nation to impose proper regulations on trading and trading practices. By preventing fraudulent activities and making the finances of the nation traceable the situation would get better. Countries that manage to establish that resilience are the ones that manage to perform well in the forex markets. If you are looking for reviews about the various forex and other trading tools available in the internet then you would be able to find them on Top 10 Binary Demo.

In Delta North the political situation is likely to see a big change because of the opposition by the stakeholders.

A communiqué made available to LEADERSHIP in Asaba, declared that “the people of Anioma ethnic nationality under the auspices of the PDP Delta North stakeholders forum, firmly support the appointment of Professor Attahiru Mohammed Jega as INEC chairman, in line with his strong desire to conduct credible free and fair elections in 2011.

“The forum remains committed to the Anioma ethnic nationality producing the governor in 2015.

“Anioma people shall no longer tolerate the abject poverty and neglect suffered in the hands of the current regime,” it added.

It stated that there were lack of basic infrastructure in the state capital, Asaba, and in other major towns, such as Ogwashi-Uku, Isele-Uku, Agbor, Kwale and Obiarukwu.

The communiqué signed by the leaders of the 10 districts in the area, further stated that Uduaghan’s government had nothing to show for the N650 billion it received from the federation account since  May 29,2007.

“Anioma people, in this regard, pass a vote of no confidence on the governor and disassociate ourselves from his illusionary and greedy second term bid.”

They resolved that Barrister Ovie Omo-Agege was their choice for the governorship election in 2011. They added that Anioma people would support President Goodluck Jonathan to contest the 2011 presidential election.

They also commended Chief Edwin Clark for his resilience and fight for an egalitarian society.

Can someone make a living by trading?

Can someone make a living by trading? This idea is indeed very fascinating where you can leave your full time job and dedicate all your time to trading and also make much more money than you were earning in your full time job.

This however does seem to be a fantasy and something that seems almost impossible. But the truth is that you can actually make money trading and quit your full time job and also have better standard of living than you had with your regular job.

The problem here is that most traders do paper trading and get the confidence that they can make it big in the securities market. They then leave their jobs and start to trade only to see that they have blown up all their capital. Very few traders actually make it to be a successful trader.

The truth is that this business is not that easy. There are traders who have done it in the past and who can take the liberty to sit in one of the best hotels or in a beach side resort with a laptop and an internet connection and trade all day in the market.

Trading gives you the freedom to be your own boss and work from where you want and also to be secure financially. But it is a tough job and one needs some special skills in order to be successful at trading. They should know how to trade and also be able to tolerate risk and keep emotions in check. Unfortunately this is something that the majority of people lack.

To be a successful trader you should have a sound knowledge of the trading methods and know how to make use of the volatility in the market. You should most importantly know how to manage your risks since even for the professional traders not all the trades would be profitable. See this method to be successful .It has to be tested in various market conditions and over time and also with real money.

You have to spend some time and money to educate yourself about everything that is related to trading. You need to have a very strong understanding of the trading world and an in-depth knowledge on the subject.

The money that you are using to trade is from your living expenses and thus you need to be careful with it. Also make sure that you have at least a years of income saved before you decide to start trading for a living.