The Nation October 9, 2011

Page 65

CHANGE OF NAME

CHANGE OF NAME

IJEH

OLUGA

I formerly known and addressed as Miss Ijeh Franca, now wish to be known and address as Mrs Ngeme Franca. All former document remain valid. JABU, Joseph AyoBabalola University, Ikeji Arakeji, Osun State and general public should please take note.

OLUWOLE

I formerly known and addressed as Adesoji Oluwole, now wish to be known and address as Adesoji Alani Adewole. All former document remain valid. General public should please take note.

AKANNI I formerly known and addressed as Miss Akanni Mojirola Dorcas, now wish to be known and address as Mrs Alloh Mojirola Dorcas. All former document remain valid. NYSC and general public should please take note.

CHUKWUMA I formerly known and addressed as Miss Chiyenum Chukwuma, now wish to be known and address as Mrs Chiyenum Repper. All former document remain valid. General public should please take note.

POPOOLA

I formerly known and addressed as Miss Popoola Adebola Oluwakemi, now wish to be known and address as Mrs Ayoola Adebola Oluwakemi. All former document remain valid. Ogun Teaching Service Commission and general public should please take note.

I formerly known and addressed as Miss Oluga Seun Deborah, now wish to be known and address as Mrs Adekunle Seun Deborah. All former document remain valid. Ogun State Local govt. Commission and general public should please take note.

ODU I formerly known and addressed as Mr. Odu Adejare Afolabi, now wish to be known and address as Mr. Odu Adejare Samuel. All former document remain valid. UNILAG and general public should please take note.

OLUSEYE

I formerly known and addressed as Miss Bolanle Ayo Oluseye, now wish to be known and address as Mrs Bolanle Ayo Benco. All former document remain valid. General public should please take note.

OCHE

I formerly known and addressed as Miss Veronica Oche, now wish to be known and address as Mrs Veronica Joseph. All former document remain valid. General public should please take note.

ESAN I formerly known and addressed as Miss Esan Bolaji Oluwakemi and Ayoola Kehinde Adesola, now wish to be known and address as Mrs Veronica Joseph. All former document remain valid. General public should please take note.

JEJE

KASIM

I formerly known and addressed as Dr. (Miss) Jeje Oluronke Abisola, now wish to be known and address as Dr. (Mrs) Alagbe Oluronke Abisola. All former document remain valid. MDCN, NMA and general public should please take note.

OGUNLEYE

I formerly known and addressed as Miss Daramola Olayinka Ronke, now wish to be known and address as Mrs Akinkuowo Olaronke Felicia. All former document remain valid. General public should please take note.

I formerly known and addressed as Miss Olufunmilayo Olabopo Kasim, now wish to be known and address as Mrs Olufunmilayo Olabopo Situ. All former document remain valid. General public should please take note. I formerly known and addressed as Miss Ogunleye Modinat Oluwakemi, now wish to be known and address as Mrs Ramon Modinat Oluwakemi. All former document remain valid. Ministry of Health Abeokuta and general public should please take note.

SIKIRU

I formerly known and addressed as Miss Sikiru Hawawu Iyabo, now wish to be known and address as Mrs Balogun Hawawu Iyabo. All former document remain valid. NYSC and general public should please take note.

TOWOLAWI

I formerly known and addressed as Miss Towolawi Afolake Omolara, now wish to be known and address as Mrs Amoda Afolake Omolara. All former document remain valid. Ogun State Judiciary and general public should please take note.

AKINMORIN

I formerly known and addressed as Miss Esther Ajoke Akinmorin, now wish to be known and address as Mrs Esther Ajoke Sokale. All former document remain valid. Teaching Service Commission, Abeokuta, Local govt. Education Authority, Ijebu-Ode and general public should please take note.

MABADEJE I formerly known and addressed as Miss Mabadeje Kikelomo Oritoke, now wish to be known and address as Mrs Sowobi Kikelomo Oritoke. All former document remain valid. General public should please take note.

OLUDAYO I formerly known and addressed as Miss Oludayo Arinola Adenike, now wish to be known and address as Mrs Soewu Arinola Adenike. All former document remain valid. Sagamu Micro Finance Bank and general public should please take note.

ARABA I formerly known and addressed as Miss Olubukonla Ruqqyyah Araba, now wish to be known and address as Mrs Olubukonla Ruqqyyah Safiriyu Araba. All former document remain valid. TASUED, Ijagun, Ijebu-Ode, NYSC and general public should please take note.

SALAKO

I formerly known and addressed as Miss Salako Titilayo Ramota, now wish to be known and address as Mrs Shittu Titilayo Ramota. All former document remain valid. General public should please take note.

OPARINDE I formerly known and addressed as Miss Oparinde Elizabeth Taiwo, now wish to be known and address as Mrs Ajijola Elizabeth Taiwo. All former document remain valid. Ogun State (SUBEB) Imeko Afon LGEA and general public should please take note.

DARAMOLA

UNAMBA

I,formerly known and addressed as Unamba Gloria Ihediogwa, now wish to be known and addressed as Okonkwo Gloria Uchechukwu. All former documents remain valid. LEGA, ISUBEB and general public should take note.

DURU

I, formerly known and addressed as Miss Duru Hope Priscilla, now wish to be known and addressed as Mrs Kalu Hope Ifeoma. All former documents remain valid.ASUBEB, Bende LGA and general public should take note.

OKERE

I,formerly known and addressed as Miss Comfort Nkechi Okere, now wish to be known and addressed as Mrs Comfort Nkechi Chinedu. All former documents remain valid. Civil Service Commission ( Acct Department)Umuahia North L G A and general public should take note.

OGBUTOR I,formerly known and addressed as Miss Monique Okwuchukwu Ogbutor, now wish to be known and addressed as Mrs Monique Okwuchukwu Emezu. All former documents remain valid. UNIPORT and general public should take note.

AWOYEMI

I formerly known and addressed as: Awoyemi Ademola Opeyemi Solomon now wish to be known and addressed as Adeyeye Ademola Opeyemi Solomon. All documents bearing the former name remain valid. General public, please take note.

AWOYEMI I formerly known and addressed as: Awoyemi Foluke Cecilia now wish to be known and addressed as Adeyeye Foluke Cecilia. All documents bearing the former name remain valid. General public, please take note. ADVERT: Simply produce your marriage certificate or sworn affidavit for a change of name publication, with just (N3,500.) The payment can be made through FIRST BANK of Nigeria Plc. Account number 1892030011219 Account Name - VINTAGE PRESS LIMITED Scan the details of your teller to advert and gbengaodejide@yahoo.com or thenation_advert@yahoo.com For enquiry please contact: Gbenga on 08052720421, 08161675390, Email- gbengaodejide @yahoo.com or our offices nationwide. Note this! Change of name is now published every Sundays, all materials should reach us two days before publication.

THE NATION ON SUNDAY OCTOBER 9, 2011

News

67

The hope of austerity • Continued from Page 66

Although the system altered materially, ideas remained static. Thus, the old saw of balancing the federal government’s budget lasts as a false virtue. This gives rise to the need to cut the budget and compress social services in order to reduce the federal debt. Budgetary austerity is seen as a positive good in all instances and for all times. Balanced or surplus budgets were of suspect utility even under the gold standard. In the current regime, they are unnecessarily masochistic for nations that issue their own currency. No nation of any significant size has ever prospered by running government budgetary surpluses for a prolonged period. Every major economy has reached that point by operating budgetary deficits. The same is true today. While America runs a budget deficit of roughly 10 percent of GDP, China operates a deficit exceeding 20 percent. Guess which nation’s GDP is growing faster? This is a matter of economic accounting not moral judgment. Neither deficit nor surplus is inherently good or bad. Both are mere tools to get to the objective of full employment of labor and resources while maintaining overall price stability (manageable inflation). When an economy stagnates, deficit spending is warranted to spur private sector activity. A deficit means more resources are given to the private sector than government takes from it. Conversely, when government moves toward surplus, it takes more from the private sector than it gives. A surplus or reduction in deficit spending is warranted if the economy is humming at full throttle and high inflation rears its head. It is counterproductive for nations with deflating economies to talk austerity. They entrap themselves the

illogic of bad economics but this tide is predominant because rich men fear inflation more than deflation. Yet, rich men can also do great foul to their nations. Britain’s austerity program has not produced economic growth or reduced the deficit. It has the opposite effect in both categories. The economy has fallen into recession to the extent the central bank is injecting 75 billion pounds into the economy to counteract the fiscal contraction. Despite the budget cuts, the deficit has grown! This demonstrates a principle orthodox economist would ignore. Budget cuts in deflationary conditions worsen deficits by reinforcing the recessionary pressure on the taxpaying private sector. In the end, the American protesters have come upon a historic moment. They question economic orthodoxy just as that orthodoxy is being put to the test and is found wanting. For now, the only answer the protesters have is that mainstream economics provides no answer. This provides progressive economics its best chance in the last forty years to rede-

fine the American political economy. The individuals and institutions that may lead this charge are yet to be known. None of the currently known leaders in either party appear up to the task. Should new leaders fail to appear, America will suffer a lost decade. Much of the world will suffer with it. Thus, the world should happily greet the Wall Street protests and hope that it graduates to a much more potent phase. (Bernie Maddoff is but a minnow to a whale compared to what the others have done.) Literally trillions of dollars are involved and this massive wrongdoing brought the economy to its knees. But people actually expect selfishness from banks. When the gate is left open at the zoo, we don’t blame the lion for going on the prowl. We blame the zookeeper for neglecting his duty. Here, the betrayal lies with elected officials who forfeited their duty to the general populace in order to legislate a system that encouraged the financial sector’s worst behavior. They then financed the errant banks back to health but chastised the rest of the

economy. The federal government opened the door to the zoo then went to sleep as the lions ransacked the village. Now the very government that left its citizens to the merciless wants to further reduce the services it provides because it went into debt refinancing the banks. This is tantamount to the zookeeper claiming he hasn’t time to catch the beast because he is too busy selecting the choicest meat to feed it. How all this happened is a complex narrative. Distilled to its essence, it is a study in ignorance masked as knowledge. Those in control of policy are wedded to view of economics based on a model that does not exist. Most extant ideas and theories of economic prudence are geared for a system founded on the gold standard. However, the world left the gold standard forty years ago, replacing it with a regime of fiat currencies with floating exchange rates. This departure was the financial equivalent of the invention of the wheel or to the Copernican confirmation that our physical reality was more heliocentric than geocentric.

Dalai Lama slams China’s censorship

T

HE Dalai Lama yesterday slammed censorship in China as “immoral” and poked fun at denunciations of himself in a video chat with Desmond Tutu after he was not granted a visa in time to travel to South Africa. The exiled Tibetan spiritual leader’s absence was symbolised by an empty chair at the event at the University of the Western Cape where he was meant to deliver an inaugural peace lecture to wrap Tutu’s 80th birthday celebrations. “Some Chinese officials describe me as a demon so naturally some fear about the demon,” the Dalai Lama told Tutu via a laughterfilled live video link when asked why the Chinese feared him. “First I’m hurt... (Now) I feel laughing, so I immediately respond yes I have horn,” he added, miming horns on his head with his fingers. The furore over the visa

overshadowed the run-up to Tutu’s birthday with the former antiapartheid activist launching a virulent attack on President Jacob Zuma’s administration for kowtowing to its biggest trade partner China. The Dalai Lama said hypocrisy and telling lies had unfortunately become part of life in “the communist totalitarian system” and people who spoke truthfully and honestly sparked discomfort. “I often tell him (Tutu) 1.3 billion Chinese people should have every right to know ... reality, then 1.3 billion Chinese people also have the ability to judge what’s right, what wrong, so therefore censorship is immoral.” He also urged China to raise its judicial system up to international law standards. China clearly had the potential to take “a constructive role” in the world, he said. “Respect, trust from the rest of the world is very necessary. For that

reason, transparency is very essential,” he added. The discussion between the two Nobel Peace Prize laureates who are close friends was filled with banter, after a last ditch attempt by Tutu’s office urging the government to grant the Dalai Lama a visa failed. “As a man of truth, man of God, please live long,” the Dalai Lama told Tutu. “Your 90th birthday, I’m looking forward. At that time, don’t forget send me (an) invitation. Then we can test your government.” In turn, Tutu admitted to a “mutual admiration society” and praised the Tibetan as a person who “makes holiness so attractive” and “a bundle of joy” despite being in exile for more than 50 years. “He is in fact quite mischievous. I have to warn him sometimes and say ‘hey, hey, hey, look here, the cameras are on us, you need to try and behave like a holy man’,” he said. China has always sought to curb the Dalai Lama’s overseas travels, warning host governments that any visit would harm ties, especially if he is met by state officials. The Tibetan has lived in India since 1959 since fleeing an abortive uprising against Chinese rule. Describing the previous century as a century of violence, he urged talk to solve problems and urged compassion. “This century should be (the) century of dialogue,” he said. The talk wrapped a three-day celebration for Tutu which included a book launch of a new biography and a church service in the cathedral where he fought the white minority regime. South Africa’s Desmond Tutu celebrated his 80th birthday Friday at St George’s Cathedral, where he served as theAnglican archbishop of Cape Town until 1996. The Cathedral was filled with family and well-wishers from U2 frontman and campaigner Bono to Graca Machel, the wife of Nelson Mandela.


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