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NBRP Reviews 2021 Reading Promotion Activities, Plans for 2022

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NBRP Reviews 2021 Reading Promotion Activities, Plans for 2022

 

By Edozie Obasi-Eze

 

The Network of Book Clubs and Reading Promoters in Nigeria (NBRP), after a busy year marked by a series of virtual and physical events, has taken a retrospective look into 2021 with respect to reading promotion activities in the country while recounting the milestones achieved and the foundational blocks laid for the group’s activities in 2022.

Commenting on this in a recent event in Lagos, Mr. Richard Mammah, NBRP President, said 2021 has been an eventful year for the Network what with the setbacks of the pandemic outbreak of 2020.

Richard Mammah

“We are happy that major steps were taken this year towards the growth of the group as a pivotal body for galvanising harmony among book clubs and reading promoters in Nigeria,” he said.

NBRP was born in February 2020 after a gathering of a few book lovers sparked the need to create a broad platform for organising reading promotion and advancing the course of reading in Nigeria. Since then, the group has grown into over 50 members who are representatives of reading groups, books clubs, and reading for writing groups, library custodians and enthusiasts, and so on.

Mammah said teething issues have been experienced in getting activities of the group off the ground but there has been an overall success with major annual events adopted by the group such as the Quarterly Business Meetings, the Annual Convention and General Meeting, the Book and Copyright Day to mark the United Nations Educational, Scientific and Cultural Organisation (UNESCO) Book and Copyright Day every April, and the National Reading Week.

An audacious but necessary initiative of the group is the vision of 774 book clubs in Nigeria, in line with having at least one major book club in every local government area in Nigeria.

2021 also saw the group implementing the National Book City Initiative, taking its inspiration from the UNESCO World Book Capital initiative, which adopts one city in the world annually to serve as hub and anchor for reading promotions activities across the given year.

Localised to suit the Nigerian environment, NBRP considered the merits of consolidating book activities in one location for a whole year so as to achieve greater traction and Uyo was chosen as the first National Book Clubs City for 2021. After the group’s first annual general meeting in Uyo in September, Uyo also emerged as the National Book Clubs City for 2022 commencing from 23 April 2022 while Lagos will follow in 2023, commencing from 23 April 2023.

Meanwhile, at the Uyo AGM, the group, in collaboration of other stakeholders in attendance, drawn from the National Library of Nigeria; Nigerian Copyright Commission; Booksellers Association of Nigeria; Nigerian Publishers Association,  Librarians of Nigerian Universities; media and information managers; authors; the political class; students and the broader reading public, reviewed the current state of the reading enterprise in Nigeria, the operations of the NBRP and steps to boost the reading culture through greater exploration of public libraries, book clubs, e-books and social reading, and resolved as follows:

To amplify the continued poor appreciation of the place of reading in national development and the inadequate deployment and maintenance of infrastructure in this regard; To call attention to the imperative of an all-out drive to emplace the reading enterprise at the centre of the national development process given its notable multiplier effect across all levels and strata of national growth and achievement;

To emphasise the urgent need for value reorientation, and aggressive readership promotion to entrench the reading culture in all communities within the Nigerian Society; To secure endorsement for NBRP’s campaign towards the establishment of at least one well-kitted library and book club per local government in the country;

To demand that a Library Bill of Rights should be passed by the legislature as an instrument to provide uncompromising support for intellectual freedom and the provision of all types of libraries for all; To request that a libraries’ advocacy group comprising book clubs, stakeholders in the book trade, schools, students, parents, journalists, non-governmental organisations, donor agencies, and so on, should be formed to lobby for the continued prioritizing of libraries on the agenda of government; To reiterate that social reading should continue to be encouraged given its impact on the proper cultivation and enhancement of sound human values, peer review, and the multiplicity of constructive ideas for individual and national development; To require that stakeholders in the book trade should continue to work at improving the book value and supply chain for greater reader impact, reading culture enhancement and national development through taking steps towards the gradual restoration of the structural elements of the holistic book chain; To hold governments at all levels accountable to their social function and proper positioning of the education and culture sector in the national development process; To advocate voluntary citizens and Community initiatives and involvement in book clubs establishment and libraries management; and To urge stakeholders in the book trade to work towards the introduction of an Integrated private sector-driven National Books Distribution Company that would help address bottlenecks in the books supply chain and lead to the lowering of costs.

Hearty commendations were also extended to  His Excellency, Mr Udom Emmanuel, Governor of Akwa Ibom State for his support for, and participation at the Conference and for accepting and signing up to serve as Grand Patron of Akwa Ibom Book Clubs.

A further collaborative effort was also manifested at the 23rd Lagos Book and Arts Festival (LABAF) on 18 November 2021, when a session of the publishers’ forum held. With the theme, “Getting Books to Readers across the Country and the role of Library and Resource Centres in getting Books to Readers,” stakeholders in the book sphere including writers came together for deliberations on the way forward. At the end of the session, the following resolutions were made and, signed by Jahman Anikulapo of Committee for Relevant Art, Mr. Gbadega Adedapo of Nigerian Book Fair Trust, Chief (Hon) Uchenna Cyril Anioke of Nigerian Publishers Association, Dare Oluwatuyi of Booksellers Association of Nigeria, Dr. Nkem Osuigwu of African Libraries and Information Associations and Institutions, and Richard Mammah of NBRP:

To encourage greater collaboration and networking among players in the books ecosystem as part of a drive for a more seamless books sector and to better facilitate joint advocacy in the overall interest of all players, book industry stakeholders must be fully ready to raise their voices and make their activities more visible for all to see through enhanced public awareness and sensitization; To remind government of its role in the continued nurturing and development of the book sector,  beginning with the coming into effect of a National Book Policy within the shortest possible time; To encourage the attachment of functional and viable book clubs to all libraries in the country; To encourage governments across board, and particularly at the local government area level, to establish, maintain, staff and furnish at least one community library per LGA whose book stock must be renewed and updated annually; That going forward, libraries should be seen and regarded as more than ‘houses of books,’ but even more appropriately as ‘living community houses and centres of ideas and culture’ where unfettered dissemination and transmission of information is maximally encouraged and takes place; That government, as well as stakeholders in the book trade, should pay even greater regard to factors of ease of availability and affordability of books as a way of engendering improved readership patronage, and that in a practical sense, stakeholders should do more to facilitate the coming into being of at least one ‘National Books Distribution Company’ as a practical vehicle for lowering distribution and marketing costs within the next three years; That Publishers must take advantage of the Information Technology tools prevalent amongst the youths nowadays, to package their contents for readers across various formats (audio books, e-book, v-book, braille etc.) to encourage and promote reading amongst the youths; and That the respective associations in the book trade should continue with their ongoing engagements in respect of the restoration of the traditional book chain and invest more resources in order that we may be able to better guarantee the immediate and long-term sustainability of the books ecosystem in Nigeria.

NBRP also played a collaborative role in the United Nations SDG’s Book Clubs Reading list, which was announced on the occasion of the 2021 World Book and Copyright Day, by way of encouraging its members to sign up as ambassadors for the UN SDG’s Book Clubs African Chapter with a view to creating a reading atmosphere for the selected books in the list to get to the target audience.

“Majority of these activities are not one-off,” Mammah said, adding that “the numerous emergent initiatives, assignments and projects, most of which are collaborative with relevant stakeholders, will continue in 2022 as NBRP progresses to deepen its roots towards the overall objectives of getting books and reading into the daily culture of Nigerians.”

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Savannah Energy Provides Unaudited FY 2024 Trading Updates 

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Savannah Energy Inks New Gas Sales Agreement with Notore

 

Savannah Energy has shared a trading update on its Nigerian operations and other markets in Africa, including up-to-date cash collections in its Nigerian business.

According to the update, made available on Thursday in Lagos, its gross production in Nigeria averaged 23.1 Kboepd for FY 2024, broadly in line with the prior year’s 23.6 Kboepd, of which 88% was gas (FY 2023: 91%).

On the update, CEO of Savannah Energy, Andrew Knott, said, “I am pleased to provide a FY trading update which demonstrates the continued progress we have made in 2024, a year which saw the highest level of cash collections ever recorded by our Nigerian business. 2025 is expected to be an exciting year for our Company: we have a large planned operational programme in Nigeria which is anticipated to enhance both our oil and gas production levels and capacity; we intend to progress our R3 East oil development project in Niger; we continue to pursue key acquisitions in the upstream oil and gas space; and we continue to seek to build our power business.

“Fundamentally, Savannah remains unequivocally an “AND” company, seeking to deliver strong performance both for the short AND long term across multiple fronts, and pursuing growth opportunities in both the hydrocarbon AND power sectors.”

The update It also shows that it generated a Total Income of US$393.6 million in 2024, compared to FY 2023’s US$289.8 million. This consists of Total Revenues of US$258.7 million and Other operating income of US$134.9 million.

The report also shows that Savannah’s FY 2024 Total Revenues were ahead of the previously issued financial guidance of greater than US$245 million, while FY 2024 financial guidance is reiterated for Operating expenses plus administrative expenses at ‘up to US$75 million’. The company expects its FY 2024 capital expenditure to come in lower than planned (previously guided at ‘up to US$50 million’) due to the phasing of spend.

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According to the update, Savannah’s cash collections in 2024 amounted to US$248.5 million, a slight increase from the US$206 million it received in 2023. The report further shows that its cash balances as at 31 December 2024 stood at US$32.6 million, compared to the 31 December 2023 figure of US$107.0 million.

The report shows that the company’s midstream subsidiary, Accugas Limited, had as at 31 December 2024 drawn down on its NGN332 billion of the NGN Transitional Facility, with the resulting funds being converted to US$, which, along with cash held, was used to partially prepay the existing Accugas US$ Facility, leaving a balance as at 31 December 2024 of approximately US$212.3 million.

The report also provided new updates on Accugas’ US$45 million Uquo Central Processing Facility (“Uquo CPF”) compression project in Nigeria, noting that its commissioning which will enable the expansion of gas production in the medium term is well underway.

The report highlighted the progress being made in the procurement process of long lead equipment in Nigeria for a potential two-well drilling campaign on the Uquo Field in H2 2025, with an additional gas development well expected to add up to 80 MMscfpd of supplemental production capacity and a potential exploration well targeting an Unrisked Gross gas initially in place (“GIIP”) of 154 Bscf (25.7 MMboe) of incremental gas resources.

The update shows that progress is also being made in the planned Savannah acquisition of Sinopec International Petroleum Exploration and Production Company Nigeria Limited, whose principal asset is a 49% non-operated interest in the Stubb Creek oil and gas field (“Stubb Creek”), with regulatory approval and completion being targeted in Q1 2025. Following the completion of the acquisition, Savannah intends to commence an expansion programme which is anticipated to increase Stubb Creek gross production from an average of 2.7 Kbopd in 2024 to approximately 4.7 Kbopd.

In Niger, Savannah continues to seek to progress its 35 MMstb (Gross 2C Resources) R3 East oil development in South-East Niger, while it continues to push for a potential alternative transaction structure to acquire a material stake in producing oil and gas assets in South Sudan as previously announced on 20 December 2024.

On the renewable energy front, the update shows that Savannah has up to 696 MW of renewable energy projects currently in motion, including the up to 250 MW Parc Eolien de la Tarka wind farm project in Niger and the up to 95 MW Bini a Warak hybrid hydroelectric and solar project in Cameroon. A firm believer in Africa’s transition to renewable energy, Savannah continues to target a portfolio of up to 2 GW+ of power projects in motion by the end of 2026.

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Nigeria Can Achieve 5.5% GDP Growth – NESG

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The Nigerian Economic Summit Group (NESG) has projected that the country has the potential to achieve a 5.5% growth in Gross Domestic Product (GDP) if critical policy reforms are sustained.

This was disclosed on Thursday during the launch of the NESG’s 2025 Macroeconomic Outlook report.

Speaking at the event, the Chief Economist and Director of Research & Development at NESG, Dr. Olusegun Omisakin, highlighted the need for more efficient policy implementation to unlock Nigeria’s economic potential.

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“We believe at the optimal level, if we embark on more efficient policy reforms, the Nigerian economy has the potential, the GDP to end up at 5.5 per cent, and we believe that this is achievable,” Omisakin stated.

 

 

 

 

 

 

More to follow………. 

 

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CBN Approves Release Of Nigerian FX Code

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CBN Prohibits Foreign Banks' Rep Offices From Banking Operations

The Central Bank of Nigeria (CBN) has announced the release of the Nigerian Foreign Exchange (FX) Code, a set of guidelines designed to promote ethical conduct among authorized dealers in the country’s FX market.

In a statement, the apex bank disclosed that the official launch of the Code would take place on Tuesday, January 28, 2025, at the CBN Head Office Auditorium in Abuja.

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“The Central Bank of Nigeria has approved the release of the Nigerian Foreign Exchange (FX) Code as a guideline to the banking industry to promote the ethical conduct of authorised dealers in the Nigerian Foreign Exchange Market,” the statement read.

The introduction of the FX Code is expected to enhance transparency, accountability, and professionalism within Nigeria’s foreign exchange ecosystem, aligning it with global best practices.

The event is anticipated to attract key stakeholders in the financial and banking sectors, as well as representatives from authorized FX-dealing institutions across the country.

 

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