On Air Now:
Now Playing:Loading...
site loader
November 8, 2023 Mkpat Enin Women and Youths Protest Against Pollution by Sterling Global and Natural Oil Field Service.

Mkpat Enin Women and Youths Protest Against Pollution by Sterling Global and Natural Oil Field Service.

Youths and women of Ikot Ekong community in Mkpat-Enin local Government Area of Akwa Ibom State on Tuesday blocked the Ikot-Akpaden/Eastern Obolo road to protest the alleged destruction of their farmlands and water sources by Sterling Global and Natural Oil Field Service.

The protesters who blocked the highway early in the morning sang solidarity songs and displayed placards with various inscriptions during the protest.

Some of the inscriptions read: “You have destroyed our only source of livelihood”, “Natural Oil Field Service should consult Ikot Ekong”, “We want employment”, “We want good roads; give us our rights,” “We want potable water; pay us compensation” and others.

The Chairman, Labour and Industrial Relations in Ikot Ekong community, Dr Linus Ukoenang, while addressing the protesters expressed disappointment with the company’s management for paying deaf ears to the plights of the community.

He disclosed that representatives of the community had made several efforts aimed at going into a dialogue with the oil firms for recognition as land donor but to no avail hence, they had to come out to openly ask for their rights.

We have made several representations to Sterling Petroleum Nig Limited and Natural Oil Service operating on our land. We have written several times, we even reported to the police and other security agencies and they have invited us  for a dialogue, but they refused to honour all the invitations.

“That is why the entire Ikot Ekong community decided to stage a peaceful protest today, to openly tell them that we are here. They are supposed to recognise us as land donors. They came into our farmlands, destroyed our crops and laid their oil pipelines without our consent and permissions,” he stated.

He went further to demand compensation from the company for the wanton destruction caused the community, adding that since they had started paying other villages, it would be natural that they should pay them as well.

He said, “We are looking for recognition and compensation, because by now, they have paid our neighbouring communities who are equally land donors, but neglected us. Ikot Ekong community is a stakeholder in the project but the oil firms are trying to ignore us.

We are also looking for employment, road construction, a better future for our children, our women and other entitlements. Ikot Ekong should be enlisted as part of the land donors and must be recognised and compensated accordingly.”

The Village Head of Ikot Ekong, Eteidung Raymond Udua, in his remarks, said the oil firms were supposed to recognise and familiarise with the host community first and not the other way round, explaining that his village council sought for a dialogue with them but to no avail.

He hinted that other land donors to the oil firms had been adequately compensated and recognised except his community, adding that if Sterling Global and Natural Oil Services refused to meet the community’s demands, they would not be allowed to carry out their operations in the again.”

November 6, 2023 #SLI : The Plague of Self Medication and Drug Abuse

#SLI : The Plague of Self Medication and Drug Abuse

Many times, when we think of expired drugs, we tend to point fingers at pharmacies. However, we often forget that many of us keep medications at home that have exceeded their expiration dates, yet we reach for them as first aid or for self-medication. Pharmacist Ikemesit’s insights opened our eyes to the dangers inherent in these practices. . This revelation served as a stark reminder of the hidden dangers that may reside within our medicine cabinets.

In a recent episode of “Sharing Life Issues,” we embarked on an eye-opening exploration of a topic that impacts countless lives: self-medication and drug abuse. Our guest, Pharmacist Ikemesit Ekong Udo, shared invaluable insights that challenge our preconceived notions and shed light on a crucial yet often overlooked aspect of healthcare.

We explored a case involving a young man who purchased drugs and ended up hospitalized. It raises the question: What could have gone wrong in this scenario? Pharmacist Ikemesit shared valuable insights on the matter.

In another alarming incident, a person took medication, and it resulted in unexpected and life-threatening consequences. Sometimes, we underestimate the potential consequences of taking seemingly harmless pills. It’s easy to pop a couple of tablets and find yourself in the hospital for an extended stay. This is a stark reminder of the potential fatality that can lurk in the shadows of self-medication.

During our conversation, we set out to demystify some prevalent myths surrounding self-medication. How many of us are guilty of self-medication – the act of using medications without consulting a healthcare professional, where we take it upon ourselves to buy and consume medication without any consultation, recommendation, or prescription from a healthcare expert.

According to Pharmacist Ikemesit Ekong Udo, a public health pharmacist at the University of Uyo Teaching Hospital, a significant reason behind this practice is a lack of knowledge, leading individuals to ingest medications out of ignorance. Other factors include poverty, easy access to drugs, and various social determinants.

When it comes to the dangers associated with self-medication, there’s a real risk of causing harm to oneself. Medications can have both positive and negative effects, and managing the adverse effects can be challenging. Self-medication can expose individuals to a range of hazards:

  • Incorrect Diagnosis: Inadequate medical knowledge can lead to the consumption of the wrong medication for a specific ailment, resulting in incorrect diagnoses.

 

  • Delayed Treatment: Opting for self-medication often means delaying the proper treatment for a condition, allowing the ailment to worsen gradually.

 

  • Adverse Drug Reactions: It’s essential to recognize that medications come with potential side effects. Consuming the wrong drugs, particularly those unsuitable for your condition, can lead to untoward effects that are unpleasant and exacerbate the existing health issues. Different classes of drugs affect our bodies differently, and our genetic makeup can predispose us to specific drug reactions.
  • Drug/Food Interactions: For example, alcohol can interact with the majority of medications, while fruit juice, milk, and soda drinks may also affect some drugs. These interactions have the potential to be harmful, potentially nullifying the intended effects of the drugs. An antagonistic reaction can occur, rendering the drug’s effects unfelt, as the food or beverage may have interfered with the drug’s efficacy. In some cases, this interference can entirely neutralize the drug or render it ineffective. A case in point would be the ingestion of medication with coconut water.

We also explored common misconceptions, such as the impact of water temperature on drug efficacy. While the human body can regulate water temperature, it’s generally recommended to consume medications with water at room temperature. Additionally, integrating drugs into food, like Eba, for the sake of convenience can hinder the absorption of the medication. It can also compromise the drug’s effectiveness, particularly when immediate relief is required, as it may impede the drug’s absorption.

One listener, Akpabio from Uyo, inquired about consuming drugs with palm-wine. The pharmacist emphasized that alcohol can interact with various classes of drugs, leading to the formation of toxic metabolites. This holds true for all drugs, not just the commonly mentioned warning about avoiding the combination of malaria drugs and alcohol.

Pharmacist Ikemesit emphasized the importance of taking medication as prescribed, as both under-dosing and overdosing can be dangerous. Consulting a healthcare professional is crucial, as it allows for a thorough evaluation, examination, and a comprehensive medical history. This, in turn, ensures that the right medication is prescribed and tailored to individual needs.

In conclusion, the benefits of consulting a healthcare professional are numerous. Not only does it mitigate the risks of self-medication and drug abuse, but it also guarantees a safer and more effective approach to healthcare, ultimately safeguarding against potentially fatal outcomes.

Written by Maris ‘Damaris’ Iloka.

October 24, 2023 Akwa Ibom State Generated N34.8b Internally in 2022, Ranked 11th In Nigeria

Akwa Ibom State Generated N34.8b Internally in 2022, Ranked 11th In Nigeria

The National Bureau of Statistics (NBS) yesterday said in 2022,Akwa Ibom State recorded the 11th highest revenue as the 36 states and the Federal Capital Territory (FCT) raised N1,925,612,626,650.76 Internally Generated Revenue (IGR).
This was contained in the Bureau’s document entitled: ‘’Internally Generated Revenue at State Level in 2022.”

The document noted: “The NBS published the IGR Report for the 36 states and the FCT for 2022.

“This IGR report contains the following key findings. The 2022 IGR had two major revenue sources, namely, Taxes; Ministries, Departments and Agencies (MDAs) revenue.

“Taxes sub-category recorded in this period are PAYE, Direct Assessment, Road Taxes, Stamp duties, Capital gain tax, Withholding taxes, Other taxes and LGAs revenue.

“The 36 states and the FCT generated a total N1,925,612,626,650.76 as IGR in 2022. This grew by 1.57per cent compared to N1,895,786,762,263.80 in 2021.”

The leading states in total IGR during the year were Lagos, Rivers, and the FCT with N651,145,633,085.30, N172,823,232,535.44, and N124,366,774,519.25 generated. Others were Ogun, Delta, Oyo, Kaduna, Edo, Kano, Kwara before Akwa Ibom.

N55,228,830.36 was recorded as Revenue Generated from LGA revenue in Akwa Ibom state in the year 2022.

The document added that while the least three performing states during the year were Kebbi, Taraba and Yobe with the value of N9,146,249,907.83, N10,238,110,125.95, and N10,456,776,796.18.

NBS also said PAYE was the most contributing revenue source during the year, recording 67.62 per cent share to the total tax generated revenues nationwide. While capital gains tax was the least in the year under review with 0.24 per cent share to total tax revenue.

According to the data, Oyo, Lagos and Jigawa states were the three leading states with highest LGA revenue reported during the year. The states, said the bureau, recorded N11,832,437,020.33, N11,505,586,283.35, and N8,700,993,591.78.

October 19, 2023 No credit today, Come tomorrow: The Tale of Credit Sales in Business – #SLI

No credit today, Come tomorrow: The Tale of Credit Sales in Business – #SLI

In a world where every penny counts, the allure of business with a compassionate touch is undeniable. The age-old adage that “there’s no sentiment in business” is tested as never before, especially in the face of a global economic crunch. Especially now more than ever, the tendency to drive business with the “human face” per se is very tempting but how affected with the ways things are economically or empathetic can one be at the expense of their business.

 

Many of us have encountered the common sign in neighborhood stores that read, “No credit today. Come tomorrow.” Regardless of sentiment, most business experts recommend credit sales as a potentially advantageous business strategy. However, a pressing question arises: Is it sound advice to suggest that a small kiosk owner, whose livelihood hinges on rapid turnovers, should adopt credit sales as a prudent business strategy?

 

In a recent episode of “Sharing Life Issues,” Mr.Uduak-Obong  Nkanta, a financial expert, led us on a journey through the intricate world of selling on credit. According to him, the success of offering credit lies in how it’s delicately handled. When businesses embark on this path, they inevitably encounter customers who request credit, even when it wasn’t part of the plan. This can take various forms – from customers buying goods on credit to those who delay paying for services. Hence, it becomes crucial for business owners to deeply comprehend the essence of their trade. Safeguarding business growth should be their North Star, and a deep understanding of the risks involved becomes their guiding light.

 

Picture the scene: A start-up decides to venture into offering goods and services with delayed payments as a penetration strategy, primarily targeting the working class – salary earners who, on paper, seem like a safety net due to their predictable monthly incomes. Yet, this preconceived notion often proves itself as a mirage. Some individuals, regardless of their stable income, deliberately default on their payments, defending their actions with the time-worn excuse that they won’t be the first or the last to owe. This script unfolds repeatedly, and the fallout is businesses crumbling like houses of cards.

 

To prevent business distress or a perilous fall, Mr. Nkanta suggests a prudent approach when negotiating product prices for credit sales. Attach interest to the transaction, and if possible, secure a down payment to safeguard against total loss. The concept of the time value of money should also be factored in. For instance, if a product is sold for 10,000 Naira with a promise of payment in six months, the true value of that 10,000 Naira in six months will differ. A shrewd business owner knows that this money could have been reinvested to generate more income hence the need for interest on every sale on credit. This isn’t an indictment against offering credit but a call for wisdom in its execution.

 

The next chapter in this saga is the written agreement, a document signed by both parties that meticulously outlines the terms of payment, rendering verbal agreements obsolete. Anyone unwilling to commit to this formalized arrangement isn’t worthy of your trust, regardless of the nature of your business relationship. For customers opting to pay in installments, the timeframe and duration should be etched in stone, and adherence to these terms is non-negotiable. Maintaining a meticulously documented record of all credit sales is essential and relentless reminders to the customer regarding their outstanding debt, communicated through various means, is advisable.

 

Selling on credit is an intricate dance, a calculated risk. The creditworthiness of the customer is a key consideration and while there’s no guarantee that customers buying on credit will fulfill their obligations, a proactive approach that prioritizes business growth and necessary precautions can mitigate potential damage. Clearly stipulated conditions for credit transactions, along with guidance for customer interactions, are essential to ensure sound credit practices. In the dynamic realm of business, being wise in offering credit becomes a valuable asset.

 

Written by Maris ‘Damaris’ Iloka.

Watch Live

 

 

x