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Hip Implants Market Demand by 2030

The hip implants market is mainly characterized by robust growth because of an increasing number of people suffering from conditions like osteoarthritis and fractures among aged people. The need in terms of mobility and the quality of life requires such a hip replacement surgery, thus experiencing a sudden increase in demand to adopt all kinds of implants used including total hip replacement devices as well as partial hip replacement ones.

https://www.theinsightpartners.com/assets/rd-new-images/by_segmentation/hip-implants-market-strategic-framework.jpg

OMOH! IT IS 9 YEARS AGO ALREADY🥹

November 22, 2015, feels just like yesterday. I was just a young junior secondary school student in Akwanga, full of curiosity and a budding interest in politics, both at the national level and Kogi State

The 2015 Kogi State gubernatorial election was a showdown between Captain Idris Wada and Prince Abubakar Audu ... I still vividly remember catching a glimpse of Prince Audu in 2015 during the APC/AlMakura Gubernatorial Mega Rally in Central Pilot school Akwanga. Even though I couldn’t get close to him because of the heavy security around the VIP canopy, I was confident it was him It was a surreal moment for me, a young boy far from home but already captivated by the politics of Kogi

Back then, APC was still a relatively new party, but I had already fallen in love with its ideology. As the November 2015 Kogi election drew closer, the political tension in the air was palpable. Social media was buzzing with complaints about the incumbent, Governor Idris Wada, and there was so much hope that Audu would bring the change the people desperately needed

I closely followed the APC primaries on August 30, 2015. When the results came in, Audu secured 1,009 votes while Yahaya Bello, a surprising new contender, scored 703.... The numbers were impressive, but Audu’s victory felt inevitable... I believed he was the right man for the job, and from my little corner in Akwanga, I prayed for his success

Fast forward to election day, November 21, 2015. I watched it live on Channels TV as Prince Audu stepped out to cast his vote, dressed elegantly in his signature attire. Excitement filled the air – APC was on the verge of making history in Kogi State But, oh, the struggle of following updates! NEPA’s light was as unreliable as ever, and I had to rely on my trusty Nokia Express Music to stay connected , flipping between Facebook and 2go for live updates... Here, I don't know Twitter yet

Then came November 22, 2015, the day that began with so much hope but ended in heartbreak. As collation results trickled in, APC was leading, and victory seemed assured . But suddenly, the unthinkable happened. News broke that Prince Abubakar Audu had passed away🥹 "Oh are you sure? This must be fake news,” I thought. Just yesterday, we watched him vote on TV. It couldn’t be true! But as the hours passed, the devastating confirmation came... The man who was on the verge of making history was no more

That Sunday turned black for Kogi State and Nigeria as a whole. The dream was shattered, and the loss was immeasurable

Today, nine years later, we still remember Adoja Prince Abubakar Audu for his service, his leadership, and the hope he gave to Kogi people.

May his soul continue to rest in perfect peace. Ameen

NNPCL halts N24 trillion in fuel imports and sources directly from Dangote refinery.

Mele Kyari, the Group Chief Executive Officer of NNPC, revealed this information on Monday during the current conference hosted by the Nigerian Association of Petroleum Explorationists in Lagos. The conference is focused on the theme ‘Addressing the Nigerian Energy Trilemma: Energy Security, Sustainable Growth, and Affordability.’

He said, “Today, NNPC does not import any product, we are taking only from domestic refineries.”

Kyari refuted the claims suggesting that the NNPC was undermining the operations of the Dangote refinery.

“The point is very far from it and I’m going to speak to it straight. We are very proud part-owners of Dangote refinery, no doubt about it. We saw an opportunity that there is a clear market for at least 300,000 barrels of our production; we know that as time moves on, people will start struggling to find markets for their production.

“It will happen, It’s already happening. Oil is found, as you know, in many unexpected locations across the world and people have choices. Therefore we saw an opportunity to log supply to the domestic refinery, not just Dangote but any other refinery that operates in the country, so it was a very informed business decision.

“Therefore, from day one, we knew that it is to our benefit to supply crude oil to the domestic refinery, so we don’t need to be persuaded; we don’t need anyone to talk to us, there is no need for any pressure from the streets for us to do this. We are already doing this.

“We should never forget that Nigerian crude is ’Lamborghini crude’, if we choose that every product that we have in this country must come from domestic production, then we must deal with pricing. Otherwise, out there in the global market, everybody buys Nigerian crude and blends it with dirtier crude to process, a lot of you will confirm this. So, no one takes Nigerian crude except one or two refineries that I know. Straight processing of Nigerian crude, nobody does this, because you do have a gap in value if you do this.

“Therefore, as a country, and I believe this strongly also, that we must process all the crude that we produce in the country to the optimum. You can do intermediate products and sell to the market, you are still adding value. You don’t have to sell gasoline that is coming from Nigerian production.

“You can do something different so you can process it domestically, but it’s going to be high quality. As we all know and it’s very clear in the media that we are selling high-quality products, that’s very true but you need not do this. You are driving a Keke-Napep and you want Lamborghini fuel, you do not need it. So, the quality issue is a relative thing, it’s by geography, by location, and we will do everything possible to make sure that we domesticate this.

“Today, NNPC does not import any product, we are taking only from domestic refineries. But I also know that we are working jointly with the government to make sure that we manage the issue around prices if we have to source all our supply from the domestic market. It will be an issue and we are already resolving it. I can confirm that substantial work has been done and this will no longer be an issue.”

Mr. Taiwo Oyedele, the Chairman of the Presidential Tax Reform Committee, has sounded a warning that if state governments are permitted to collect value-added tax (VAT), it could lead to significant harm for businesses and a decline in the economy.

Oyedele noted that a comparable strategy was tried in the 1980s with sales tax; however, the sub-national governments were unable to generate considerable revenue from it.

He said, “By 1999, we were writing the constitution because we now have the 4th Republic. But what we did was to just replicate the 1979 Constitution.

“In 1979, there was no VAT. So, there was no VAT in the 1979 Constitution.

“However, by 1999, we had implemented VAT for about five years. And it was becoming our top revenue tax. How on earth did we forget to put it in the 1999 Constitution? “Because it wasn’t stated in the 1999 Constitution, lawyers will state to you that it’s a residual matter.

“Because it’s a residual matter means it belongs to the subnational. That’s why Rivers State and Lagos State have been to court and won.

“If we get a judgment from the Supreme Court today, it will tell you that VAT should be collected and administered by the states. That will be chaotic.

“States will collect less, businesses will suffer, the economy will retrogress.

“On balance, the new reform is meant to treat everybody equitably. Try to get us out of the impression that when you start doing VAT at state level, you make so much money, which is not the case.

“In fact, today, the VAT on imports and international services is actually more than the VAT we collect in Nigeria, within our jurisdiction.

“And that amount that is collected from international services and import VAT is not attributed to any state. It goes into the pool and is shared.

“So, today we shared VAT between and among states based on derivation, 20 per cent; based on equality, 50 per cent; and based on population, 30 per cent we are proposing that correct derivation and share, 60 per cent based on derivation, 20 per cent based on population and 20 per cent based on equality.”

"Alhaji Atiku's ideas, which lacked details, were rejected by Nigerians in the 2023 poll." - Presidency Response to Alhaji Atiku Abubakar.

In a statement released by Bayo Onanuga
Special Adviser to President Tinubu.

Statement reads: “We have just read a statement credited to former vice president Alhaji Atiku Abubakar, in which he tried to discredit President Bola Tinubu's economic reform programmes while pushing his untested agenda as a better alternative.

“First, Alhaji Atiku's ideas, which lacked details, were rejected by Nigerians in the 2023 poll.

“If he had won the election, we believe he would have plunged Nigeria into a worse situation or run a regime of cronyism.

“Abubakar lost the election partly because he vowed to sell the NNPC and other assets to his friends. Nigerians have not forgotten this, nor would they be comforted by Atiku’s antecedents when he ran the economy in the first term of President Olusegun Obasanjo’s government between 1999 and 2003.

“As vice president, Atiku supervised a questionable privatisation programme. He and his boss demonstrated a lack of faith in our educational system, and both went to establish their universities while they allowed ours to flounder.

“Talk is cheap. It is easy to pontificate and deride a rival’s programmes even when there are irrefutable indices that the economic reforms yield positives despite the temporary difficulties.

“Despite the futile attempt to hoodwink Nigerians again in his statement, it is gratifying that the former Vice President could not repudiate the economic reforms pursued by the Tinubu administration because they are the right things to do.

“His advocacy for a gradualist approach only showed that he was not in tune with the enormity of problems inherited by President Tinubu.

“It is so easy to paint a flowery to-do list. It is expected of an election loser.

“President Tinubu met a country facing several grave challenges. Fuel subsidies were siphoning away enormous resources we could ill afford, and there was criminal arbitrage in the forex market.

“No leader worth his name will allow these two economic disorders to persist without moving to end them surgically.

“While advocating for gradual reforms may sound appealing, Tinubu took measures that should have been taken decades ago by Alhaji Abubakar and his boss when they had the opportunity.

“Alhaji Abubakar calls for empathy and a human face to reforms. We have no problem with this as it resonates well with our administration's focus. President Tinubu has consistently emphasised the need for compassion and protection of the most vulnerable.

“The administration has prioritised social safety nets and targeted support for those affected by recent economic transitions.”

The Northern Governors Forum has opposed the Tax Reform Bill that has been submitted to the National Assembly.

In a statement delivered by the chairman of the forum and the Governor of Gombe State, Mohammed Yahaya, the governors expressed their discontent with the suggested changes to the allocation of Value Added Tax (VAT) to a Derivation-based Model.

The statement reads: “Forum notes with dismay the content of the recent Tax Reform Bill that was forwarded to the National Assembly. The contents of the Blare against the interests of the North and other sub-nationals especially the proposed amendment to the distribution of Value Added Tax (VAT) to a Derivation-based Model.

“This is because companies remit VAT using the location of their headquarters and tax office and not where the services and goods are consumed. In view of the foregoing, the Forum unanimously rejects the proposed Tax Amendments and calls on members of the National Assembly to oppose any bill that can jeopardise the well-being of our people.”

The Abuja beggars express to Wike that they did not choose this situation.

During the flag-off ceremony for the construction of access roads in the Katampe District on Tuesday, Wike issued a warning concerning a potential crackdown on beggars.

Expressing concern over the rising number of beggars in the Federal Capital Territory, the former governor of Rivers State has instructed law enforcement officials to begin apprehending them starting this Monday.

The beggar expressed that he never found joy in begging, emphasizing his dislike for the discrimination that comes with it, particularly in the nation’s capital.

“This situation I find myself in is not something I wanted. It can happen to anyone who is still alive. Some people see us coming and run away.

“In public vehicles, nobody wants to sit close to us. You see, there are people who think that just by interacting with me, they will become blind.”

“We depend on what I get from begging. With the current economy, where people are suffering and there’s no food, my family and I will have to stay at home and wait for death because there will be nothing to live on—no food.

“I can knit very well, forget that I am blind. The government should empower us instead of arresting and detaining us. We have many of us who are gifted, a blind beggar in Abuja said.

The oil markets have addressed a letter to the President, dated October 21, in which they are requesting a grant of N100 billion to assist in preventing the closure of impacted 10,000 marketers’ businesses in the coming weeks.

Dr. Joseph Obele, the National Public Relations Officer for PETROAN, stated that the price of a truckload of PMS has surged from N7 million to N47 million over the past 16 months.

He said, “Three days ago, there was a meeting at the national headquarters of PETROAN. At the meeting, there was, an indication that about 10,000 of our members would quit business in the next 45 days because their trading capital had been severely affected.

“That was why we wrote a letter to Mr President, dated October 21, requesting a grant of N100bn to save the affected marketers’ businesses from shutting down in the next few weeks.”

Abubakar Maigandi, the President of the Independent Petroleum Marketers Association of Nigeria, acknowledged that there has been a decline in fuel consumption. He noted that the union's members have also been impacted by this situation.

“There is a drop in consumption and the price of a truckload is higher now. So, we have reduced the quantity of fuel we buy. For instance, someone who bought 10 trucks before can only buy eight now. So, we haven’t been getting the right quantity that we are supposed to get. We sell only the little quantities we get,” he said.

The leadership of the Nigeria Union of Petroleum and Natural Gas Workers has highlighted that the failure of oil marketers to purchase fuel has led to job losses for truck drivers and employees at petrol stations across the nation.

Mr. Afolabi Olawale, the Secretary-General of NUPENG, stated, “The economy is not smiling at all. Many petrol station owners cannot even buy a single truckload, and this has affected our members. Those of them that are truck drivers hardly get loads to carry anymore. Many petrol stations have closed down and our members who are petrol station workers have lost their jobs.

“This is an unfolding situation. It’s evolving, so I may not be able to give you the actual number of people affected now because we have those in the informal and formal sectors. We have people in the upstream, downstream, and midstream. But I don’t have the statistics right here with me to give you.

“Though everybody is affected, those in the downstream are the most affected. It affects those in the downstream sector directly because they are truck drivers, station workers, and the representatives of the marketers at different depots.”

The Deputy Speaker of the House of Representatives and representative of the Bende Federal Constituency, Rt Hon. Benjamin Okezie Kalu, has provided financial assistance to support indigent and vulnerable individuals within the Bende community.

The initiative introduced by the Deputy Speaker, known as the "Family Support Grant for Rural Dwellers," is a financial assistance program designed to alleviate the hardships faced by vulnerable populations throughout the 13 wards in the constituency.

The family support grant aimed at rural residents was launched on Friday in Akanu Item, providing assistance to over 1,200 individuals who benefited from the substantial funds allocated for this initiative.

Speaking to newsmen on the grant distribution, Mr. Emma Trumps Eke, Director General, Benjamin Kalu Foundation, said the generosity by the Deputy Speaker is scheduled to run on a monthly basis and phases.

"My principal said he's going to run this over a period of time, so on a monthly basis, a different set of people selected by the traditional rulers, president generals of these communities, political leaders, other stakeholders and of course our structure, Hon Benjamin Kalu Movement will also have input." Eke said

Speaking on the selection process, Eke said 80 people were chosen from every federal ward of the constituency and it was done in a way to boost the philanthropic effort of the Deputy Speaker.

He revealed that some legislative aides from the constituency contributed to Benjamin Kalu family support grant for rural dwellers in the little way they can from their monthly salary.

"In view of this current economic situation, the Deputy Speaker came out with this noble idea of family support grant for rural dwellers. For people living in the rural areas, the grant can help you start petty trading and the multiplier effect, if properly harnessed, will put food on their table. There are legislative aides who said out of what they are earning, they are also giving back. We're looking at about 1,200 persons to receive this grant today," Eke added.

Also speaking, the state woman leader of Benjamin Kalu Foundation, Lady Philomena Ikwuegu told newsmen that the kind gesture means a lot to the beneficiaries especially in these hard times.

"One of them was so excited because he has not received such in these hard times," Lady Philomena said.

The beneficiaries expressed their profound gratitude to the Deputy Speaker for his benevolence.

One of the beneficiaries, Chief Ihendu John Ogba said; "I want to thank him, let him continue, by the grace of God, the next time, he is going to be the senator of this senatorial zone. One good turn deserves another".

Another beneficiary, Mrs. Comfort Chukwu thanked the Deputy Speaker, saying that she plans to use her share to invest in her farm land for increased cultivation.

On her part, Mrs Mba Ijeoma Precious, a petty trader from Apanu Item expressed joy after receiving her share and said it will boost her petty trade.

"I'm very excited to receive this amount of money, as a petty trader, I will use this money to support my business. This money is even given without minding your political affiliation. May God bless Hon Benjamin Kalu and give him the strength to do more," she said