The Edo State Governor, Adams Oshiomhole, has accused the former Minister of Finance and Coordinating Minister of the Economy, Dr. Ngozi Okonjo-Iweala, of tampering with $1bn from the Federation Account, which he claimed was used “for election purposes.”
Oshiomhole, who disclosed this on Monday at a seminar organised by the state government for permanent secretaries, directors and deputy directors on enhancing internally generated revenue in the state, challenged the former minister to tell Nigerians how the Excess Crude Account was drawn down to $4.1bn from the peak of $10bn, when no approval was given by the National Economic Council for any withdrawals.
He also called for a forensic audit to determine the true amount which he said was illegally spent from the Federation Account under her watch as a minister.
The governor said, “The truth is, many things went wrong even at the federal level. As you might have read in the papers while the Federal Government, under Goodluck Jonathan, with the then Coordinating Minister of the Economy liked to blame ‘governors’ for wasteful spending; for not saving for the rainy day; for not investing properly, the truth is the real weakness in the Nigerian federal chain has been the Federal Government.
“Our hope is that with the new President, given his pedigree, we will break from the past. As I am sure you will soon begin to hear when all the numbers are published. Last week, I complained aloud that Edo State lost about N10bn over a four-year period from only one source – the NLNG remittance to the Federation Account.
“How did I arrive at the figure? I used my Four-Figure Table and I asked myself at $2.1bn remitted by NLNG, as taxes, and Shell. And by the way, Shell is not the only oil operative; we have Chevron and several others. They shared the $2.1bn based on the revenue allocation formula, Edo State got about N2.27bn. So I said, thank God this money came after the departure of Okonjo-Iweala and President Jonathan. If the PDP were still in charge in Abuja, this money would have been taken.
“That is not the only money Edo State Government has lost. You have heard of the last instalment of $4.1bn that was in the Excess Crude Account as of November, 2014, and from that time till today, we have not, when I say we– federal, states and local governments have not touched that money. We have not agreed to take anything out of it, and yet it has been drawn down to about $2bn, which means $2.1bn disappeared.
“But if you talk to those oil marketers, they will tell you that within that period, they were paid $1bn, not $2.1b. So in truth, about $1bn was taken for election purposes and Edo State’s share of that should have been about N4.6bn from that $2.1bn that Dr. Ngozi Okonjo-Iweala, the former Minister of Finance illegally took from Excess Crude account.
Oshiomhole added, “Governments have lost a lot of money and the $2.1bn, that is Edo State’s share of that, because that would have included derivation, we would have made about N2.6bn. That, we have lost now to Okonjo-Iweala. Now that she claimed she used it, between herself and the last President, they agreed to take the money to pay oil marketers.”
Meanwhile, Okonjo-Iweala on Monday night denied withdrawing the sum of $1bn from the Excess Crude Account to finance the campaign of former President Goodluck Jonathan.
In a statement issued by her Media Adviser, Mr. Paul Nwabuikwu, the former finance minister described the allegation by Governor Adams Oshiomhole of Edo State that she spent $1bn out of the ECA to fund the re-election bid of former President Jonathan as a “ludicrously false statement that has unfortunately become a trademark of the Governor in his public campaign of falsehood.”
The statement said the comment by the governor was “just another example of the numerical diarrhea that seems to have afflicted His Excellency in recent times in his effort to damage the reputation of the former Minister.”
It read in part, “He has, within the last few months, asked Okonjo-Iweala to explain all kinds of totally wild and unsubstantiated figures, ranging from $30bn, $20bn, $2.1bn, N720bn and now $1bn.
“To say the obvious, the accusations are totally lacking in credibility. Governor Oshiomhole’s published comments also contain other falsehoods.”
This comment has been removed by the author.
ReplyDelete13/30/0134
ReplyDeleteMAC 223
MAGAZINE EDITING AND PRODUCTION
EXAMINE THE HISTORICAL DEVELOPMENT OF MAGAZINE ALL OVER THE WORLD WITH A SPECIFIC FOCUS ON NIGERIA (WITH REFERENCES) WITH NOT LESS THAN TWO PAGES.
First publication, which could be called a magazine, was the German Erbauliche Monaths Unterredungen, released in the year 1663. It was a literary and philosophical edition and after it was launched several periodicals with very similar topics were published, and were intended for an intellectual audience.Thematic scope was very narrow, and it was mainly written by one author. A publication similar to today’s magazines (various themes and several authors) appeared in the year 1672, when French author Jean Donneau de Vize created Le Mercure Galant. It combines topics from court events, theater and literature, and this magazine concept was copied throughout Europe. The first women’s magazine, Ladie’s Mercury, was launched in London in the year 1693. Of course, these publications in their beginnings were called periodicals.
All over the world, magazines are used as key tools to sell ideas, concepts and beliefs. The Nigerian market for magazines is no exception.
In years past, magazine publication in Nigeria used to place emphasis on the information they were distributing, not necessarily the aesthetic quality. From the mid-80’s to the 90’s, magazine publications could sometimes be difficult to produce due to the unavailability of advanced computer technology. At that time in Nigeria were news magazines like TSM (The Sunday Magazine) published by the late May Ellen, Newswatch by the late Dele Giwa, and Tell which was started by a group of people from Newswatch. Also popular in the late 80’s and the early 90’s were some soft sell magazines like PrimePeople and the lifestyle/true story magazines, such as Hints and Hearts, which were published by Dr. Kachikwu and Chief Godwin, respectively.
Not all these magazines were industry-based, but rather catered to many demographics. For instance, PrimePeople appealed largely to women because of its reports on people of high society.
Of all the magazines that were published then, only a handful are still in circulation such as Tell, Newswatch, and Hints. These magazines have faced some turbulence in the form of government oppression (as in the cases of Tell and Newswatch), economic downturn and the challenges of then-emerging digital technology, but they still stayed true to their causes.
SULAIMON BALIKIS ADERONKE
DeleteWhat i gain about this assignment is that magazine have long been in existent and its useful impact has help people in been educated, informed, enlighten and entertained. we all know the high price of magazine production and how it is costly to publish.
NAME: POPOOLA OLADOTUN HABEEB
ReplyDeleteLEVEL: ND 2 EVENING
DEPARTMENT: MASS COMMUNICATION
MATRIC NO: 13300085
COURSE TITTLE: MAGAZINE EDITTING AND PRODUCTION
COURSE CODE: MAC 223
HISTORY AND DEVELOPMENT OF MAGAZINES
This topic will be able to tell us the significance of magazines to cultures, but most specially to the American culture. Magazine is one of the printed media that has the capacity to inform, entertain, and even persuade its readers. From this, we can gather that magazines have been journalistic, visual innovators. It became a source of infotainment as we can say for it has its significant impacts to its readers.
Nowadays, most newsrack magazines aim at narrow audience segments. On the other hand, sponsored magazines and trade journals outnumber newsrack magazines. Demassification of magazines as well has been an issue which will be tackled in lieu with this. Lastly, from this particular topic you will know the reasons why it has been said that magazines may be losing their influence in shaping the future.
What is a Magazine?
The word “magazine” meant warehouse or depository during the colonial times wherein various kinds of provisions have been stored in one roof. The first magazine in America came from books, pamphlets, newspapers and varied literary materials which were stored and bound together in one cover.
Magazines are publications, generally published on a regular schedule, containing a variety of articles, generally financed by advertising, by a purchase price, by pre-paid magazine subscriptions, or all three. It can also be distributed through the mail; through sales by newsstands, bookstores or other vendors; or through free distribution at selected pick up locations.
Short History of Magazines
Listed below are some of the people who contributed to the development of magazines. Also, the time line shows us how magazines evolved and influenced people worldwide. From this we can see how and when was the the first newsmagazine, men's magazine, journals, women's magazine, etc. had been published.
1741- Andrew Bradford printed American Magazine and Benjamin Franklin printed General Magazines, first magazines in Colonies.
1821-Saturday Evening Post was launched, ushering in era of general-interest magazines.
1828- Sara Josepha Hale began editing the Lady's Book, first women's magazine.
1860- Harper's Weekly introduced visual news with Civil War illustrations.
1879- Congress gave discount postal rates to magazines.
1899- Gilbert Grosvenor introduced photographs in National Geographic.
1902- Ida Tarbell wrote muckraking series on Standard Oil in McClure's.
1922- DeWitt and Lila Wallace founded Reader's Digest.
1923- Henry Luce and Briton founded Time, first newsmagazine.
1924- Harold Ross founded the New Yorker and introduced the modern personality profile.
1936- Henry Luce founded Life and coined the term photojournalism.
i have gain about the history of magazine and some legend in the magazine and the important of magazine and the different between magazine and newspaper. poopola oladotun habeeb
ReplyDeletei have gain about the history of magazine and some legend in the magazine and the important of magazine and the different between magazine and newspaper. poopola oladotun habeeb
ReplyDeleteOgunjobi Joshua Adedotun
ReplyDelete13\30\0333
ND 2 evening
Magazine editing and production
Mac 223
Question
Examine the historical development of magazine production in the world with a special focus on nigeria
History of magazine in the world
According to British philosopher Francis Bacon, the
printing press was one of three inventions that
“changed the whole face and state of things
throughout the world.” Prior to the invention of the
printing press, books had to be painstakingly copied
by hand. When Johannes Gutenberg invented the
printing press in 1440, he created a way for
knowledge to be mass-produced for the first time in
human history. Within a century of its advent, the
printing press was being used to print pamphlets,
almanacs and newsletters in addition to Bibles and
religious materials.
In 1663, German theologian and poet Johann Rist
created a periodical called Erbauliche Monaths-
Unterredungen (“Edifying Monthly Discussions”).
Widely considered to be one of the earliest examples
of a modern magazine, the gazette lasted for five
years and spanned a myriad of similar journals in
England, France and Italy. Cultured young
intellectuals readily devoured the periodicals, which
summarised new books and welcomed scholarly
articles.
In 1672, the first “periodical of amusement” was
published. Le Mercure Galant (later called Mercure
de France), was created by French writer and
playwright Jean Donneau de Vizé. The publication
contained news, songs, short verses and gossip.
Despite being disparaged by other writers of the day
for its amusing rather than intellectual content, the
periodical became very popular in France.
History of magazine in American
The first American magazines were published in
1741. Philadelphia printers Andrew Bradford and
Benjamin Franklin—who owned rivaling newspapers
—both raced to publish the first American magazine.
Bradford ultimately claimed the honor by publishing
American Magazine first. Benjamin Franklin’s General
Magazine was published three days later. Neither
magazine met with much success: Bradford’s
publication folded after three months, and Franklin’s
lasted only six months.
Despite these short-lived ventures, magazines
became incredibly popular in America. By the end of
the 18th century, there were more than 100
magazines in the United States. Some of the most
influential early American magazines were the
Pennsylvania Magazine, which was edited by Thomas
Paine, and the Massachusetts Magazine.
Early periodicals were so expensive that only the
wealthy could afford them. As a result, early
publications were geared toward the most learned,
cultured and sophisticated individuals of the day. By
the 1830s, however, less expensive magazines aimed
at the general public began to emerge. Rather than
maintaining the intellectual air of their predecessors,
these magazines focused on amusement and
entertainment.
History of magazine in nigeria
In years past, magazine publication in Nigeria used to
place emphasis on the information they were
distributing, not necessarily the aesthetic quality.
From the mid-80’s to the 90’s, magazine publications
could sometimes be difficult to produce due to the
unavailability of advanced computer technology. At
that time in Nigeria were news magazines like TSM
(The Sunday Magazine) published by the late May
Ellen, Newswatch by the late Dele Giwa, and Tell
which was started by a group of people from
Newswatch. Also popular in the late 80’s and the
early 90’s were some soft sell magazines like
PrimePeople and the lifestyle/true story magazines,
such as Hints and Hearts, which were published by
Dr. Kachikwu and Chief Godwin, respectively.
Not all these magazines were industry-based, but
rather catered to many demographics. For instance,
PrimePeople appealed largely to women because of
its reports on people of high society.
Magazine production is a mainly produced for educated elites come to think of this have gainned smetin tangible as a student journalist studing on how to produce magazine
ReplyDeleteRazaq Abdulahi Adeshina
ReplyDelete13/30/0099
Mass Communication
ND 2(Evening)
Magazine Editing and Production
MAC 223
Question
Examine the historical development of magazine all over the world with special focus on Nigeria; with references
Answer
HISTORY AND DEVELOPMENT OF MAGAZINES
Introduction
What is a Magazine(this is also known as a twin brother to a newspaper)?
The word “magazine” meant warehouse or depository during the colonial times wherein various kinds of provisions have been stored in one roof. The first magazine in America came from books, pamphlets, newspapers and varied literary materials which were stored and bound together in one cover
Short History of Magazines
Listed below are some of the people who contributed to the development of magazines. Also, the time line shows us how magazines evolved and influenced people worldwide. From this we can see how and when was the the first newsmagazine, men's magazine, journals, women's magazine, etc. had been published.
1741- Andrew Bradford printed American Magazine and Benjamin Franklin printed General Magazines, first magazines in Colonies.
1821-Saturday Evening Post was launched, ushering in era of general-interest magazines.
1828- Sara Josepha Hale began editing the Lady's Book, first women's magazine.
1860- Harper's Weekly introduced visual news with Civil War illustrations.
1879- Congress gave discount postal rates to magazines.
1899- Gilbert Grosvenor introduced photographs in National Geographic.
1902- Ida Tarbell wrote muckraking series on Standard Oil in McClure's.
1922- DeWitt and Lila Wallace founded Reader's Digest.
1923- Henry Luce and Briton founded Time, first newsmagazine.
1924- Harold Ross founded the New Yorker and introduced the modern personality profile.
1936- Henry Luce founded Life and coined the term photojournalism.
1960's- Oversize general magazines, including Life, folded as advertisers moved to network television.
Consumer Magazines
There are lots of magazines for general-interests and they are called consumer magazines. These magazines are available in newsracks and by subscription. They try to offer something for most of its readers, but they have target audiences and are edited for narrower purposes as well.
Non-newsrack magazines
Non-newsrack magazines are made by certain groups or organizations for their members and for specific purposes as well. They are categorized as to sponsored magazines and trade journals.
Report Wrap-up
Ever since, magazines became an effective tool for disseminating information. It was able to establish its role in shaping one's culture and society especially the American culture. It brought out lots of changes in the field of media industry.
The historical development of magazine has taught me indepthly about how magazine has been introduce and how it has helped in the advertising industry... This bring about my quote that 'magazine is a twin brother to newspaper'
ReplyDeleteThis comment has been removed by the author.
ReplyDeleteThis comment has been removed by the author.
ReplyDeleteMATRIC NO: 13/30/0753
ReplyDeleteCOURSE TITLE: MAGAZINE EDITING AND PRODUCTION
COURSE CODE: MAC 223
LEVEL: ND 2 (EVENING)
DEPARTMENT: MASS COMMUNICATION
ASSIGNMENT
QUESTION 1: THE HISTORICAL DEVELOPMENT OF MAGAZINE ALL OVER THE WORLD WITH SPECIAL FOCUS ON NIGERIA.
ANSWER:
The first publication which could be called a magazine was the German Erbauliche Monaths Unterredungen, released in the year 1663. It was a literary and philosophical edition and after it was launched, several periodicals with very similar topics were published, and were intended for an intellectual audience.
Thematic scope was very narrow, and it was mainly written by one author. A publication similar to today’s magazine (various theses and several authors) appeared in the year 1672, when French author Jean Donneau de Vize created Le Mercure Galant. It combines topics from court events, theater and literature, and this magazine concept was copied throughout Europe. The first women’s magazine, Ladie’s Mercury, was launched in London in the year 1693. Of course, these publications in their beginnings were called periodicals.
The Gentleman’s Magazine, first published in1731, in London, is considered to have been the first general-interest magazine. Edward cave, who edited The Gentleman’s Magazine under the pen name “Sylvanus Urban”, was the first to used the term “Magazine”, on the analogy of a military storehouse of varied materials, ultimately derived from the Arabic “makhazin” (storehouses) by way of the French language. The name magazine which comes from the Arabic word which means the warehouse, and was used for describing the place which deposits large quantities of various goods, while the analogy used to describe a book that contained many useful information for travelers ad sailors.
The success of the magazine was great, but the costs of every issue were even higher, printing cost was higher and the number of printed copies could be greater than one hundred thousand, because it was technically impossible to squeeze a larger amount of paper through the machine. Distribution was also a big problem because it was difficult to move large quantities of magazines at great distance.
In the mid 19th century readers were not only the rich ones and magazines become available to the middle class. This was beginning for the first family magazines, such as Dickens Household Words. During the 19th century, increasing attempts was made to cut the price of the magazines. At this time, the first ads appeared, but not much because the ads were loaded with special tax, all up to 1853.
After the repeal of the tax, number of as did not increased since many publishers avoided this type of income (Readers Digest Magazine did not publish ads until 1955). In the late 19th century and with the invention of the rotary press, the number of printed copies increases, and the price of the issue is reduced and thus we enter the century that will mark the development of the magazine as one of the world’s leading media.
With technological progress, increased circulation and increasing use of images, magazines are becoming increasingly attractive to advertisers. The first advertising agency was established in 1890 and from that point on, advertising started to flourish.
In 1923, Time Magazine made its debut as the first weekly news magazine in the United States. Four years later, in 1927, Warner Bros released the world’s first feature-length taking picture, The Jazz Singer. In 1963, recommendations from the Inc. based on how it delivered magazines led to introduction of zip codes by the United States Post Office. In 1972, Kinney National Company spun off its non-entertainment assets due to a financial scandal over its parking operations and renamed itself Warner Communications Inc.
In 1984, Nigerian journalists Dele Giwa, Ray Ekpu, Dan Agbese and Yakubu Mohammed formed the Newswatch Magazine, and its first edition was distributed on 28th January, 1985. A 1989 description of the magazine said it “changed the format of print journalism in Nigeria and introduced bold, investigative formats to news reporting in Nigeria”. However, in the first few months of the administration of General Ibrahim Babangida who took power in August 1985, the magazine was shamelessly flattering. It printed his face on the cover four times and even criticized “anyone who attempted to make life unpleasant for Babaginda”.
ReplyDeleteIn 1996, the magazine was said to have a circulation of 150,000 copies in Africa, Europe and North America.
On 15th April, 1991, tell magazine published is first edition. All five of the founding editors have worked at Newswatch, where they learned to create in- depth, investigative feature stories. They left that magazine due to low pay and disagreements with senior management, hoping that the new magazine would be more fulfilling. Although the magazine’s founders had high ambitions, they were not initially hostile to the government. However, they were determined to be free of government or political influence.
YUSUFF SURAJU OLORUNJU
DeleteWith my little exposure, my research and by reading others people work on the historical development of magazine all over the world using Nigeria as a vital focus, I have got to know that everything which excel and prosper in term of technological advancement have its own historical background, and magazine today which has become rampant and sophisticated in term of aesthetic value, price and other essential figures has its trace to the German Erbauliche Monaths Unterredungen, who published the first thing to be know as magazine in 1663. Without suppressing the fact, I have also got to know the differences between newspaper and magazine and their articles, contents and publications. I have also been able to memorize the contribution of magazine into the Nigeria politics most especially the military era.
13/30/0112
ReplyDeleteMAC 223
MAGAZINE EDITING AND PRODUCTION
EXAMINE THE HISTORICAL DEVELOPMENT OF MAGAZINE ALL OVER THE WORLD WITH A SPECIFIC FOCUS ON NIGERIA (WITH REFERENCES) WITH NOT LESS THAN TWO PAGES.
First publication, which could be called a magazine, was the German Erbauliche Monaths Unterredungen, released in the year 1663. It was a literary and philosophical edition and after it was launched several periodicals with very similar topics were published, and were intended for an intellectual audience.Thematic scope was very narrow, and it was mainly written by one author. A publication similar to today’s magazines (various themes and several authors) appeared in the year 1672, when French author Jean Donneau de Vize created Le Mercure Galant. It combines topics from court events, theater and literature, and this magazine concept was copied throughout Europe. The first women’s magazine, Ladie’s Mercury, was launched in London in the year 1693. Of course, these publications in their beginnings were called periodicals.
All over the world, magazines are used as key tools to sell ideas, concepts and beliefs. The Nigerian market for magazines is no exception.
In years past, magazine publication in Nigeria used to place emphasis on the information they were distributing, not necessarily the aesthetic quality. From the mid-80’s to the 90’s, magazine publications could sometimes be difficult to produce due to the unavailability of advanced computer technology. At that time in Nigeria were news magazines like TSM (The Sunday Magazine) published by the late May Ellen, Newswatch by the late Dele Giwa, and Tell which was started by a group of people from Newswatch. Also popular in the late 80’s and the early 90’s were some soft sell magazines like PrimePeople and the lifestyle/true story magazines, such as Hints and Hearts, which were published by Dr. Kachikwu and Chief Godwin, respectively.
Not all these magazines were industry-based, but rather catered to many demographics. For instance, PrimePeople appealed largely to women because of its reports on people of high society.
Of all the magazines that were published then, only a handful are still in circulation such as Tell, Newswatch, and Hints. These magazines have faced some turbulence in the form of government oppression (as in the cases of Tell and Newswatch), economic downturn and the challenges of then-emerging digital technology, but they still stayed true to their causes.
With what i gain from it is that magazine have been in existent for a long time. I also gain that magazine is a means of disseminating message to audience, means of passing information to the globe across the world. Magazine is a tangible things that with cannot do without, cause research enable us to no that magazine is a means of passing message.
Delete13/30/0527
ReplyDeleteMAC 223
MAGAZINE EDITING AND PRODUCTION
EXAMINE THE HISTORICAL DEVELOPMENT OF MAGAZINE ALL OVER THE WORLD WITH A SPECIFIC FOCUS ON NIGERIA (WITH REFERENCES) WITH NOT LESS THAN TWO PAGES.
First publication, which could be called a magazine, was the German Erbauliche Monaths Unterredungen, released in the year 1663. It was a literary and philosophical edition and after it was launched several periodicals with very similar topics were published, and were intended for an intellectual audience.Thematic scope was very narrow, and it was mainly written by one author. A publication similar to today’s magazines (various themes and several authors) appeared in the year 1672, when French author Jean Donneau de Vize created Le Mercure Galant. It combines topics from court events, theater and literature, and this magazine concept was copied throughout Europe. The first women’s magazine, Ladie’s Mercury, was launched in London in the year 1693. Of course, these publications in their beginnings were called periodicals.
All over the world, magazines are used as key tools to sell ideas, concepts and beliefs. The Nigerian market for magazines is no exception.
In years past, magazine publication in Nigeria used to place emphasis on the information they were distributing, not necessarily the aesthetic quality. From the mid-80’s to the 90’s, magazine publications could sometimes be difficult to produce due to the unavailability of advanced computer technology. At that time in Nigeria were news magazines like TSM (The Sunday Magazine) published by the late May Ellen, Newswatch by the late Dele Giwa, and Tell which was started by a group of people from Newswatch. Also popular in the late 80’s and the early 90’s were some soft sell magazines like PrimePeople and the lifestyle/true story magazines, such as Hints and Hearts, which were published by Dr. Kachikwu and Chief Godwin, respectively.
Not all these magazines were industry-based, but rather catered to many demographics. For instance, PrimePeople appealed largely to women because of its reports on people of high society.
Of all the magazines that were published then, only a handful are still in circulation such as Tell, Newswatch, and Hints. These magazines have faced some turbulence in the form of government oppression (as in the cases of Tell and Newswatch), economic downturn and the challenges of then-emerging digital technology, but they still stayed true to their causes.
Jubril Abiodun Aminat.
ReplyDeleteI gained that magazine helps to disseminate information, entertainment, exposure and educate people within diverse entity.