FESTAC ’77 Not Fetish, Says Obasanjo ~ Nigeria News ~ 26/01/2018

Former President Olusegun Obasanjo on Monday said that FESTAC’77 was a celebration of African diverse and rich cultural heritage and not a fetish festival as some believed.

Mr. Obasanjo made the clarification during the opening of the commemoration of FESTAC’77 @ 40 at the University of Lagos.

He said that many Nigerians took the festival as a celebration beyond the physical but failed to realise that it was a celebration of Africa’s rich cultural diversities.

The News Agency of Nigeria reports that FESTAC ’77 @ 40 was organised by Centre for Black African Arts and Civilisation (CBAC).

Nigeria hosted the First World Blacks and African Festival of Arts and Culture, FESTAC, at the National Theatre, Iganmu, Lagos in 1977.

Mr. Obasanjo described culture as the totality of the way of life of any group of people, adding that a people that lost its culture had lost its identity.

"Our culture enables us to remember our past which is history and that is why history is important in our schools; to forget history is to lose our memory," Mr. Obasanjo said.

He said that the commemoration of FESTAC ’77 would highlight the diverse contributions of blacks and Africans to universal arts and re-discover the ties which bind all blacks and African people together.

Mr. Obasanjo urged Africans to disregard every negative narrative about them by others, urging the people to always remember that humans emanated from Africa.

"We must not accept the narrative given to us by others, stories of helplessness, poverty and all.

"They are not true of us because this is where human beings emanated from to occupy other parts of the world.
"Africa is not a poor continent. We want the world to know that we want to be part of the decision makers in the world we live in. We can do it and we must do it.

"This event today has showcased the commonality of the people of Africa and we must unanimously promote the course of Africa," Mr. Obasanjo said.

Nigeria And World News > Latest Naija News - 26/01/2018

Market place study expert, GfK, has said about 1.6 million devices have been sold involving Q1 to Q3 2017, compared to 972,000 devices in the identical period final year.

GfK identified Nigerian buyers as drivers of upward demand for 4G Smartphones, as sales efficiency in chain retail sales developments for 4G Smartphones in Nigeria recorded significant growth in the category.

With over 90 million net customers the savvy Nigerian customer demands quicker bandwidth and information transfer speeds, the kind that only 4G devices can provide.

GfK, which has given that 2009 been involved in tracking the retail sales developments for mobile phones in Nigeria, noted that the advent of the recession in 2016, culminating in a weaker local currency impacted the marketplace. It said this led to a decline in units sold, having said that with a marginal increase of 3 per cent in sales worth.

It is expected with the end of the recession, and enhanced value of the Naira that the adverse sales growth trends will be reversed.

The Managing Director, GfK Nigeria, Kenneth Doghudje, mentioned: "the Nigerian consumer demonstrates his connectedness to the globe, and every thing about him/her via the smartphone. This device has come to typify a much better high quality of life and typical of living. Today’s consumer wants to engage and remain engaged. Operating out of information to browse the Net is basically not an solution. And today’s network operators are information driven and focused as a outcome."

Doghudje stressed that smartphone devices with screens five inches or larger, resonates pretty properly with the Nigerian customer. A year-on-year comparison of five-inch screen sales indicates that the market place grew from 1.16 million units sold in 2016 to 1.58million units sold in 2017, a development of 37 per cent. This is proof that shoppers wish adequate screen "real estate" to allow them to maximise the use of their devices.

Company Group Manager Telecoms & IT, GfK Nigeria, Henry Egbejimba, explained, "Large screen sized phones are preferred by the Nigerian buyers in fact, the bigger the size of the screen, the far better.

This is due to the fact Nigerians associate significant screen sizes with premium excellent. And everybody desires to have 1 or even two high quality smartphones in hand since smartphones are a status symbol."

These days, quite a few brands are capable to play in the five inches segment, and churn out models within reasonably priced price tag points that meet the yearnings and aspirations of the customers.

Having said that, Egbejimba, comparing the 2016 and 2017 sales performances, said the industry recorded tremendous growth in the chain retailers sales. This channel recorded a 22 per cent enhance in sales with a 47 per cent substantial raise in value when comparing the very first three quarters in each years.