What you need to know about Nigeria’s Petroleum Industry Bill.

Crude oil dominates Nigeria’s economy, accounting for around 90% of export earnings. #NigeriaNeedsPIB

The country has the largest oil and gas reserves in sub-Saharan Africa with an estimated 37bn barrels of oil and 188 trillion cubic feet of gas. #NigeriaNeedsPIB

Yet for decades, the virtually ungovernable industry has been plagued by poor leadership, eye-watering corruption and environmental degradation. #NigeriaNeedsPIB

Value has leached away through opaque licensing deals, unaccountable middlemen, a lack of refining capacity and graft in the government and state-owned Nigerian National Petroleum Corporation (NNPC). #NigeriaNeedsPIB

Sabotage and pipeline theft in the oil-rich Niger Delta have ensured that the taxpayer loses out on billions of dollars in annual revenues. #NigeriaNeedsPIB

THREAD – Mortality 2020

Today we published England & Wales mortality statistics for the w/e 25 Dec

Nearly a full year’s data for 2020

In the last 52 weeks there were:
c.604k deaths registered across E&W

This is:
c.73k deaths (14%) above the 5-yr avg = excess deaths

1/11

Remember the bank holiday effect which affects weekly figs

And the lag between deaths occurring and being registered

We now provide modelled estimates of death occurrences to remove these

The chart below shows both registrations and modelled occurrences across 2020

2/11

Looking at excess deaths, we began the year with death levels below the 5-yr avg

This was followed by a huge peak in the spring, driven by COVID, until lockdown1 took effect

Note the small Aug heatwave peak

And then a gradual pick up through autumn as CV took hold again

3/11

A seasonal effect means more deaths in winter than summer

The pattern of excess deaths as a % of normal weekly deaths is similar

There is a noticeable jump in the latest w/e 25 Dec

Given the recent alarming rise in CV infections this will increase further in Jan

4/11

For longer term context we can compare annual deaths back to 1900

Deaths have been rising recently as life expectancy improvements have stalled, but the jump this year to over 600k is clear

Only one previous year has topped 600k – 1918, the year of the “Spanish” flu

5/11

Here’s the thing about equality intersectionality.

A serious effort to reduce socio-economic inequality (that did nothing on race or gender) would inevitably have disproportionate benefits to BAME communities and women.

Because they are more likely to be poor. (1/?)

So Liz Truss’s starting point is not off the wall.

*Sometimes* efforts to increase BAME inclusion or female diversity end up helping only those who were privileged already. The same woman who sits on 8 boards. The privately educated middle class child of a lawyer who gets onto a special internship to improve diversity in the law.

If you want to seriously address racial and gender disparities you need to also tackle poverty and sociology economic inequality. You have to be intersectional.

Because the middle classes - including BAME people and women in them - are good at protecting their privilege.

But the same is true if you start - as Liz Truss does - on the other side of the equation.

As I said: reduce inequality and women and BAME people will disproportionately benefit.

BUT

Trends affecting career change and influences from 2020 and how to leverage them for working lives will be the key themes from @HerminiaIbarra #DOPConf

Longevity, technology, work change and social expectations are the four major 2020 trends in light of the Covid-19 pandemic. #DOPConf

Previous ideas about longevity of careers and how we think about work are no longer valid with the changes in life expectancy. #DOPConf

Technology change entails fewer jobs, and corporate change brings cost reduction and higher unemployment, with gig work on the rise. #DOPConf #2020

Social change has driven "portfolio careers" and the pursuit of "passion" and worklife meaning and well-being. #DOPConf

Family member asks me to buy pepperoni.

I search for "pepperoni".

201 results returned.

That's a lot of items with pepperoni.

1/x

Wondering if they have large bulk packages of pepperoni, I change the sort order to "Price: high to low" with hopes that any bulk items will show up at the top.

All the results are pizza snacks: tiny pizzas and pizza rolls.

There are now only 17 "pepperoni" results returned.

I filter for "Meat" and still only get pizza snacks.

And the number of pepperoni results drops to 7.

This isn't helping me find a large quantity of pepperoni.

I start over with a new search for "pepperoni".

I get 201 results, and the results displayed above the fold are the same as my original search.

I filter for "Deli".

It now shows 51 pepperoni results.

1) Since 1970, the United States has increased its population by 64%.

Northeast Ohio, a 12-county region with more people than Connecticut, has lost 7% of its population over this same time period, shrinking from 4.1 million to 3.8 million people.

2) In 1970, 1.4 million of those 4.1 million people lived in the four core cities of Cleveland, Akron, Canton, and Youngstown.

Today, barely 700,000 of the 3.8 million people live in those four cities.

3) The region was once a model of working-class prosperity. It was an exemplar of how people who didn't have a college degree could support their families, earn a good salary with good benefits, and have a stable middle-class existence.

4) In 1960, median household income in metro Washington D.C. was only 9% higher than in metro Cleveland.

Today, median household income in metro D.C. is 82% higher than in metro Cleveland.

5) This morning, I read that Ohio is poised to break its all-time annual record for drug overdose deaths.

If you look at this great analysis by @InnovateEconomy you will see that Ohio is one of the worst-performing states in terms of expanding

Yesterday, at the end of @dbongino's pod...he talked about creating a "parallel economy."

I have a few questions for you pertaining to this. Specifically, what is the end game of a "parallel economy?"

Did we not have a parallel economy back in the 50s? An econ that was segregated for white people and "negros" (Historical context, NOT derogatory meaning).

So, I understand your idea about creating competition in the market place

Competing News Aggregators
Competing social media platforms
Video hosting platforms
PAYMENT processing platforms

Competing scholarly journals
1000s of competing news outlets...

But a parallel econ?

A parallel econ in it's entity will continue the wedge in the country which, historically, is exactly the discourse and demoralization that the left/communists THRIVE IN!

You're advocating for a systemic chaos system of constant conflict...hear me out.

Will this "parallel econ" create a "parallel country?" What geographic territory will this "parallel economy" hold?

By creating a parallel economy, you're creating a parallel country that is running in two separate, but diametrically opposed directions.

What is your endgame?

1. Crushing the middle class for the glorious NWO:

This is our summary of some of the notable Corporate Deals that affected Nigerian companies in 2020.
 
The thread starts here...

January 2020
 
@Paga announced investment in Ethiopian-based software development firm, Apposit for an undisclosed amount. The deal gave Paga full access to the expertise of Apposit’s engineers and technicians.

a Nigerian payment firm raised a sum of $35m in series B funding, led by VC firms, eVentures and Greycoft. The deal allows Flutterwave to embark on its expansion plans to Francophone and northern African countries.

Also, @Bolt received $55.8m debt financing from the EU Inv. Bank (EIB) in order to improve on technology as well as launch into new businesses.
@AccessBank acquired Kenyan Based TNB for an undisclosed amount.

February 2020
@LeapFrog III Insurance acquired 38.8% major equity stake in AIICO Insurance for N5.28bn. This was a move to boost the capital base of AIICO Insurance.

1. Lots of talk about Miami's innovation economy. Here's a little analysis we did several years back. Lots more of this at our old site for the Miami Urban Future

2. First and foremost, Miami is a near completely different animal than Austin. Austin is a talent/ creative class leader, and Miami is a laggard (though it has some strengths which I'll get to in a minute.

3. Austin's creative class share is 34.% 8th among large metros. San Jose is first by the way with 46.4%. Miami is 47th (out of 53 large metros) with 26%.

4. But like I said Miami does have strengths. With @iamstevenpedigo we can Location Quotients for specific innovative/creative/knowledge/ professional occupations.

5. Key strengths are in financial/HQ & healthcare space: legal occupations LQ 1.75; business & finance 1.06; healthcare 1.08. Much less strength in management .72, computer & mathematics .7; engineering & architecture .59; sciences .5

I just finished talking about how government works to my boys' yaya of 23 years, who's a self-proclaimed DDS. I explained to her who controls the budget, why lawmakers suck up to the President, why politicos kill each other during elections for what seems like a measly salary. 1/

I told her why I was angry with this government's response to the pandemic, how we're trillions deep in debt but hardly feeling any of it, how we're the laggard in the region in addressing COVID despite how much higher our tax rates are. I explained why we need to vote better. 2/

But what eventually made everything I was saying to her sink in was when I told her, "You know, this lousy government, it doesn't affect me or my family. You've seen that. We can sell off all our assets if we want to and just migrate to another country if we have to." 3/

I said, "All throughout this pandemic, did you see any adverse effects on my family? No. We eat what we want, my boys can turn on the aircon in their rooms and just be on the computer every day if they wanted to. We didn't suffer. But guess who did? The poor, like you." 4/

And it was then that it finally sank in how voting for someone inept impacted people in her social class so much more adversely than it ever could someone on my social class. This discussion started because we talked about Pacquiao running for the Presidency, and she liked him 5/