This week in History is a recap of events all over the world during the week.
NOVEMBER 04
Israeli Prime Minister Yitzhak Rabin is assassinated
On Nov. 4, 1995, Yitzhak Rabin, prime minister of Israel, was assassinated by a right-wing Israeli minutes after attending a peace rally.
NOVEMBER 03
Bill Clinton becomes 42nd president with defeat of George W. Bush
On Nov. 3, 1992, Democrat Bill Clinton was elected the 42nd president of the United States, defeating President George H.W. Bush. He took office at the end of the Cold War, and was the first baby-boomer generation President.
NOVEMBER 02
Jimmy Carter beats Gerald Ford in presidential election
On Nov. 2, 1976, former Georgia Gov. Jimmy Carter became the first candidate from the Deep South since the Civil War to be elected president as he defeated incumbent Gerald R.
NOVEMBER 01
November 1, 1997 “Titanic” directed by James Cameron, starring Leonardo DiCaprio and Kate Winslet premieres at the Tokyo International Film Festival (Academy Awards Best Picture 1998)
Titanic was released on December 19, 1997. It was praised for its visual effects, performances (particularly those of DiCaprio, Winslet, and Stuart), production values, direction, score, cinematography, story and emotional depth.
OCTOBER 31
Indian Prime Minister Indira Gandhi is assassinated
Indira Priyadarshini Gandhi (19 November 1917 – 31 October 1984) was an Indian politician and stateswoman who served as the 3rd Prime Minister of India from 1966 to 1977 and again from 1980 until her assassination in 1984.
She was India’s first and, to date, only female prime minister, and a central figure in Indian politics as the leader of the Indian National Congress.
Gandhi was the daughter of Jawaharlal Nehru, the first prime minister of India, and the mother of Rajiv Gandhi, who succeeded her in office as the country’s sixth prime minister.
Furthermore, Gandhi’s cumulative tenure of 15 years and 350 days makes her the second-longest-serving Indian prime minister after her father.
OCTOBER 30
Muhammad Ali knocks out George Foreman in ‘Rumble in the Jungle’
Muhammad Ali knocked out George Foreman in the eighth round of a 15-round bout in Kinshasa, Zaire, known as the “Rumble in the Jungle,” to regain his world heavyweight title.
OCTOBER 29
“Black Tuesday” on Wall Street sets off panic, starts Great Depression
On Oct. 29, 1929, “Black Tuesday” descended on the New York Stock Exchange.
The Great Depression was an economic shock that affected most countries across the world.
It was a period of economic depression that became evident after a major fall in stock prices in the United States.
Ships and boats are two of the oldest types of transportation and were first built thousands of years ago.
Not only have ships and boats been used for transportation throughout history, they have been used for a number of other reasons including to transport cargo, fishing, as a type of defense from armed forces, sports, leisure, and relaxation.
Today, ships, boats and yachts are built using advanced technology and materials, differing greatly from those that have been used throughout history.
So today on the show, let’s look at some trending boats of 2023 with Features, Designs that is setting New Standard On Water.
A boat is a watercraft of a large range of types and sizes, but generally smaller than a ship, which is distinguished by its larger size, shape, cargo or passenger capacity, or its ability to carry boats.
Small boats are typically found on inland waterways such as rivers and lakes, or in protected coastal areas.
However, some boats, such as the whaleboat, were intended for use in an offshore environment.
In modern naval terms, a boat is a vessel small enough to be carried aboard a ship.
Boats vary in proportion and construction methods with their intended purpose, available materials, or local traditions.
Canoes have been used since prehistoric times and remain in use throughout the world for transportation, fishing, and sport.
Fishing boats vary widely in style partly to match local conditions.
Pleasure craft used in recreational boating include ski boats, pontoon boats, and sailboats. House boats may be used for vacationing or long-term residence.
The unrivalled versatility of Wellcraft owns the offshore with innovation and performance brought to the forefront with the Wellcraft 355.
For over six decades, Wellcraft remains the vanguard of offshore boating with a strong history of power and performance.
Today, Wellcraft is widening its offer with a new, versatile generation built for all adventures, in all types of weather, providing a new perspective and enthusiasm for boaters worldwide.
The Wellcraft 355 takes the lead in every aspect; outstanding design, comfort, and most importantly, speed and seaworthiness. Designed to push the limits – out past the horizon where the water is deep and adventure begins – Wellcraft utilizes its rich heritage of offshore experience to push into this new market with American flare and shameless enthusiasm.
2. Tiara 43 LE
The Tiara 43 LE is the Swiss Army knife of the boating industry, emphasizing sporty styling, luxurious amenities, and thrilling performance.
This vessel is ideal for entertaining, as it features a rotating lounge with built-in footrests and a fold-down terrace.
Loungers can hang around the chaises on the bow or head below the deck, where spacious accommodations (for four people!) await.
The 43 LE emphasizes sport styling, luxurious amenities and thrilling performance.
The social zone features a rotating lounge with built-in footrests and a fold-down terrace that expands the cockpit and improves your access to the water.
Paired with the Mercury® propulsion package, the 43 LE is built for performance. The integrated electronics package includes Garmin® Marine Navigation Systems that are intuitive for Captain while you explore port to port.
3. Regal LX 36
Want the luxuriousness of a yacht condensed into a midsized bowrider package? If so, the Regal LX 36 is for you. In the company’s own words, this vessel is “thirty-six feet of dynamic comfort technology advancements and new ways of thinking merge for the ultimate day yachting experience.”
And her all-electronic, retractable hardtop and deluxe co-captain experience (aka a companion screen allowing them to control navigation, systems data, media, and more) can attest.
The abundant amount of space forward is amazing. 5-6 adults can easily sit around the optional bow table with ease.
The deep seating and high gunwales provide safety while underway and comfort for all those riding in the front.
There are countless recessed cup holders and plenty of grab handles just in case. There are even USB chargers for your guests and drop-down arm rests for additional comfort.
ECONOTES
Differences Between Yachts And Boats
Size
The first key difference between a boat and a yacht is their size. A yacht is typically bigger than a boat and whilst there is no strict definition of what a yacht is, the general consensus is that if it is over 40 feet in length, it is usually considered a yacht.
Purpose
Typically, boats are used for more recreational activities including fishing, cruising and watersports.
As well as this, they can be used for commercial use and transportation with cargo or ferries. This is why boats that aren’t ferries or cargo tend to have a smaller, more simplistic design.
Luxury Features
Another factor that easily sets boats and yachts apart are their luxury facilities. In general, boats do not have luxury facilities and whilst they might have an underdeck area, this will only be small and not include any kind of ‘luxuries’.
Yachts however are usually equipped with multiple luxury features including spacious cabins, full kitchens, multiple bathrooms, swimming pools, hot tubs, television systems and in some cases, even helipads.
Cost
Because boats are fit for a smaller, more simplistic purpose you should expect these to cost less than a yacht. You could, on average, buy a boat ranging from a few thousand pounds right up to £700,000 but a yacht would come at prices from about £100,000 to £10,000,000.
5. Maintenance
Whilst it is important to consider the costs of buying a boat or a yacht, it is also important to consider the upkeep that is going to come with that.
In general, a yacht requires more maintenance than boats due to them being larger and having more complex systems.
6. Engine Power
Boats and yachts differs in the power of their engines. There are a lot of boats that won’t even have an engine.
It could range from a small boat requiring manpower to operate to larger boats using wind and sails to move.
Boats that do have an engine can reach quite high speeds and run for some periods of time, but their engine capacity is not comparable to a yacht.
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4. Mystic M5200
The Mystic M5200 makes our list of coolest boats because it’s a stunner.
This fancy boat is an eye-popping combination of performance and luxury, packed with quad Mercury 600s generating 2400 horsepower.
Built for the biggest adventurers, this vessel seamlessly blends speed and elegance (paying careful attention to detail). The result? Riders receive the ultimate on-the-water experience and luxury feel.
When it came to debuting the new M5200 center console, the lake made sense especially with the large crowds in town for the Lake of the Ozarks Shootout in late August.
The 52-footer is the largest in Mystic’s center console lineup, which includes the M3800 and M4200. The M5200 is a beast with a 14-foot beam and four Mercury Marine Verado 600 outboard engines.
Mystic’s M5200 is now the largest center console in the company’s lineup.
The first M5200 was stocked with seating, starting in the bow with three individual sculpted lounges in front of the console and U-shaped bench. Under the expansive carbon-fiber hardtop, which is built-in house at Mystic’s Florida shop, are two rows of four-person individual bucket seats protected by a large wraparound windshield.
Below, Mystic has a full cabin that includes air conditioning with a berth forward that can be used for dining or entertaining. An aft cabin offers accommodations for guests or children.
Mystic powered the first M5200 with four Mercury Marine Verado 600 outboard engines.
Mystic Powerboats’ owner John Cosker has always had success at Lake of the Ozarks whether it’s running in the Shootout or growing the Mystic brand on the central Missouri lake.
Cosker spent two years developing the M5200 at the request of a customer.
Mystic had built a 60-foot center console with outboards that went to Dubai, and the customer wanted a similar boat.
Cosker agreed to build a 52-footer and the response has been strong. In addition to the prototype, the next four hulls are already accounted for, he said.
5. Formula 387 CCF
One of the industry’s most iconic brands is re-entering the center console business with the Formula 387 CCF. This vessel blends old-school Formula style with a modern center console sport template.
Then, it tacks on an impressive list of fishing features, including triple helm seats with folding armrests, an electronically adjustable center seat, dual 40-gallon live wells, port and starboard fish boxes, and so much more.
With its 12-foot beam, there’s plenty of fishing room, including 24-inch-wide walkways around the console.
Two pressurized 40-gallon livewells on the transom keep flowing even in rough water thanks to the boat’s sea-chest-contained livewell pumps.
Red and white lights and clear lids allow for easy monitoring of bait, day or night. There’s an option for four electric reel outlets ($2,265), and the 90-gallon aft fish boxes can be optionally equipped with freezer plates ($35,490).
The boat’s 38-foot-7-inch hull length features a double-step design with 23 degrees of transom deadrise to slice through waves.
We’re approaching the Christmas holidays. Who knows, you could be in one of those. Share your experience with us when you do.
Niger State government has advised teachers in primary and post-primary schools to change their attitude to work.
The Commissioner for Basic and Secondary Education in the state, Dr Hadiza Mohammed, who stated this at a one-day interactive session with executives of All Nigeria Confederation of Principals of Secondary Schools (ANCOPSS) and Nigeria Union of Teachers (NUT), to prevail on their members to improve themselves.
Represented by the Director, Test Measurement, the commissioner decried the lack of interest in the teaching profession and tasked stakeholders on the need to restore its lost glory.
The Head of Service, Abubakar Salisu, said the government has approved the promotion of about 200 civil servants who have spent over four years in their previous rank from grade level 16 to 17.
Earlier, the NUT chairman in the state, Adamu Akayago, disclosed that the event was aimed at training and retraining union leaders with a view to building their intellectual capacity.
On his part, the ANCOPPS chairman, Musa Nayawo, expressed concerns that a substantial number of experienced teachers have retired from service, thereby creating a vacuum.
He warned that unless urgent steps are taken to recruit new teachers, the sector may experience a setback while students also suffer.
He said almost half of our senior teachers would be retiring from service, I am appealing to the government to approve the extension of the service year of teachers from 35 to 40 and the retirement age to 60 years.
The Director of Research and Development at Rivers State University, Port Harcourt, Prof Godwin Okon, has urged the Federal Government to implement policies that promote gender equality, especially the Sustainable Development Goal (SDG- 5), which stipulates 40 per cent participation of women in decision making.
Okon, who is also a lecturer in the department of mass communication, lamented that women participation in politics and decision making policies have remained very low.
The university teacher was the keynote speaker at a two-day training organized by the Step-Up for Women in Journalism Initiative (SWIJ) in Port Harcourt.
In his paper titled Facilitating the implementation of gender policies within the newsroom and organisations, he noted that stereotype is one of the greatest propellers of gender inequality, stressing that despite Nigeria being a signatory to gender equality women participation in political activities have remained low.
He lamented that despite making giant marks in the media and corporate world, the mass media has failed to celebrate women.
In proffering solutions, Okon enjoined women, especially those in the media to prevail on the government to implement gender equality policies.
He also called on the coalition of female professionals to make themselves seen and visible.
Speakers at the two-day event also emphasized the need for female journalists to key into the changing trend in journalism by promoting their work on social media.
Former commissioner for information in Rivers State, Ibim Semenitari, while speaking on the topic Becoming an expert source for news: How to improve visibility and impact on gender-based issues,” highlighted gender imbalance as one of the key impediments to women as news sources.
She emphasised that female journalists must be intentional in using women as news sources.
Semenitari, a former managing director of the Niger Delta Development Commission (NDDC), added that female journalists must be fresh and innovative, honest and accessible to make a mark in their career and become news sources.
In her address, Executive Director of SWIJ, Ann Godwin, said the gap between the male and female gender has remained glaring.
The programme was supported by the Wole Soyinka Centre for Investigative Journalism (WSCIJ), under its Report Women Programme being funded by Bill and Melinda Gates Foundation.
Over 7,000 pharmacists have emigrated from Nigeria in the last two years, President of the Pharmaceutical Society of Nigeria, Professor Cyril Usifoh, revealed on Tuesday in Gombe.
He told the Newmen that the pharmacists left Nigeria in search of a better practice environment abroad.
According to him, the issue of brain drain which has remained one of the major challenges in the health sector needed serious attention in the interest of the well-being of Nigerians.
Usifoh said the government needed to create a conducive environment for pharmacists to work so as to reverse the trend and to encourage them to stay and contribute to the development of the country.
“If you want to stop brain drain, you will create conditions to enable people not to go. Government should create an enabling environment that will prevent people from leaving, but to come here.
“I am confident that when the opportunities are there, you will have what we call brain gain. They will come back. We are here, we are not leaving,’’ he declared.
Usifoh, a professor of Pharmacy said part of PSN’s activities as an association was to make Nigeria more self-sufficient and to improve the health sector.
On the society’s 96th annual conference being held in Gombe State, the president said the PSN was in the state to evaluate its works in the past one year and to strategise on ways to improve the health sector.
He noted that members and industrialists attending the conference were working to partner with the Gombe State government to harness opportunities that abound in the state’s pharmaceutical industry.
“We are planning to partner with the government, especially in its industrial park and to examine how pharmaceutical companies can possibly set up outlets in the state,’’ he added.
The theme of the PSN 2023 conference is ‘Pharmaceutical Practice: A pivot to universal health coverage in Nigeria’.
Lagos State Governor, Mr. Babajide Sanwo-Olu has commissioned the Lagos Rail Mass Transit (LRMT) Red Line Overpass Bridge at Yaba on Thursday.
The bridge is bound to improve traffic flow within the Yaba-Ojuelegba Axis into other parts of the state.
In a statement by the Head of Communication, Lagos Metropolitan Area Transport Authority (LAMATA), Kola Ojelabi, the T-shaped bridge takes traffic from Murtala Muhammed Way into Ojuelegba Road and vice versa over the rail tracks.
Traffic into Ojuelegba Road from Murtala Muhammed had been through a rail level crossing, and this often led to huge delays for train operations, apart from the high potential for accidents with vehicles and pedestrians.
The Yaba Overpass Bridge is one of the four new bridges built by the Sanwo-Olu’s administration on the Red Line rail alignment to eliminate vehicular/pedestrian and train traffic interaction.
Also watch: https://www.youtube.com/watch?v=K_o6ryVtXOQ
The bridge will facilitate smooth movement for the Red Line, which the Governor had promised Lagosians would commence operations soon.
Speaking on the completion of the bridge, Managing Director of Lagos Metropolitan Area Transport Authority (LAMATA), Engr. Abimbola Akinajo said the overpass bridge will eliminate incessant accidents at level crossings as well as facilitate unhindered movement for the Red line trains which frequency will be very high.
“We have completed three of the overpasses, Oyingbo, Yaba and Ikeja with the Mushin due for completion by the end of the year. The Federal Ministry of Transport has given assurance to start the four they are expected to construct very soon,” she explained.
Lagos Rail Mass Transit is a rapid transit system in Lagos State. The rail system is managed by the Lagos Metropolitan Area Transport Authority (LAMATA).
The railway equipment including electric power, signals, rolling stock, and fare collection equipment will be provided by the private sector under a concession contract.
LAMATA is responsible for policy direction, regulation, and infrastructure for the network.
The first section of the network, Phase I of the Blue Line, was originally planned to be completed in 2011, though the construction has suffered many delays caused by shortage of funds and change of government.
Following public outcry over the allocation of N5.095 billion for the purchase of a presidential yacht in the 2023 supplementary budget, the House of Representatives, on Thursday, said it had scrapped the budgetary allocation.
Chairman of the House Appropriations Committee, Abubakar Bichi, disclosed this in an interview with journalists on Thursday. He said the budgetary allocation for student loans was also increased from five billion to N10 billion.
He said the committee also increased the budgetary allocation of Ministry of Defence from N 476 billion to N546 billion.
Bichi also disclosed that the minimum wage for workers was considered and approved for onward transmission to the executive. He promised proper legislative oversight to ensure 100 per cent implementation.
In the supplementary budget sent to the National Assembly by the President, the Federal Government had allocated N5 billion to purchase a presidential yacht.
The proposed sum was under the capital expenditure of the Nigerian Navy’s budget.
According to the breakdown, the Navy will require N62.8 billion for its operations, with recurrent expenditure and capital expenditure gulping N20.4 billion and N42.3 billion, respectively
But Bichi said the five billion naira for the presidential yacht has been yanked off from the budget.
He said: “Actually We have submitted our reports to the House and after careful consideration, the House has approved our submissions and the breakdown is as follows:
“As you know, the budget is about N2.1 trillion and the Ministry of Defence has about N456bn but currently the Ministry of Defence has the largest share because we know how important our security is. As you are aware, we had interactions with them yesterday. Currently, we have increased their budget from N456 billion to N546,209,099,671 billion.
“For Police formation and command, we gave them N50bn while the FCT has about N100bn. You know FCT is very important to us, so we want to make sure that FCT can compete with any state in the world. That is why we gave them N100bn.
“On the Office of National Security, their initial budget was N27bn but currently we have increased it to N50bn. For the state house, their initial budget was N28bn and we maintained that.
“On Ministry of Agriculture and Food Security, you know how important that ministry is. We maintained their initial figure of N200bn as well. For the Ministry of Housing, you know we have a serious housing deficit in the country and Mr President’s agenda, he wants to build as much as he can, so we have approved N100bn for housing.
“Service-wide votes initially was N615 but currently we reduced to N515bn.
“For INEC, initially their budget was N18bn, and yesterday we had an interaction with the INEC Chairman and he convinced us with his submissions and we maintained their N18bn.
“So far, we have approved N2,176,791,286,33. We will continue to support the government so we can deliver democracy.
On the presidential yacht, Bichi said: “Actually, as far we are concerned, we don’t have that anymore. We have increased the student loan.
“Initially, student loan was N5bn in the budget but we have increased it by N5bn so that our students can access that facility in order for them to go to school. We don’t have the yacht anymore in budget.”
He assured that lawmakers would ensure adequate oversight over the way the funds are spent.
He added: “Our members, especially those standing committees, oversight those projects and ensure the money is used judiciously. From now till three months time, we are going to call them and ask them what they have done with the money.”
Nigeria’s poultry sector is on the verge of imminent collapse following the recent lifting of the restriction policy on foreign exchange required for the imports of frozen chicken into the country, the Poultry Association of Nigeria has said.
On October 12, 2023, the CBN had lifted the ban on importers of 43 items restricted from accessing foreign exchange on its official platform.
“Importers of all the 43 items previously restricted by the 2015 circular referenced TED/FEM/FPC/GEN/01/010, and its addendums are now allowed to purchase foreign exchange in the Nigerian foreign exchange market,” the bank had stated in a statement.
Reacting to that in a statement issued in Abuja on Wednesday by the Director-General of PAN, Onallo Akpa, and the National President of the association, Sunday Ezeobiora, the poultry dealers stated that the over N12tn industry that provided over 20 million direct and indirect jobs might collapse.
They said the recent pronouncement from CBN would make Nigeria revert to the pre-year 2000 when Nigeria was a dumping ground for all sorts of imported poultry products.
“Recall the cases of unhealthy frozen poultry meat stored with chemicals imported into the country.
“The implications of the recent policy of the removal of forex and the further explanation by the CBN that the products were not even banned in the first place contravene the fiscal policy stands of the government and have obviously created an unacceptable impasse in poultry development.
“This recent announcement further heightened the fears of the farmers and investors in the poultry industry and compounded the already collapsing production in the sector,” PAN stated.
The British International Investment, the UK’s development finance institution, has announced a $26.5m commitment to AFEX, to address food security in Nigeria, Kenya, and Uganda.
Addressing journalists in Lagos on Wednesday, the Chief Executive Officer of BII, Nick O’Donohoe, said that the investment would support structural improvement in Africa’s agricultural industry, which would significantly benefit smallholder farmers and lead to improvement in security.
According to O’Donohoe, AFEX currently has over 200 warehouses in Nigeria, Kenya, and Uganda and serves over 450, 000 farmers.
“BII investment will be used to build 20 warehouses in strategic locations in Nigeria, Kenya, and Uganda. Its capital will also scale warehouse technology and next-generation software that capture post-harvest pricing,” he added.
He maintained that smart storage solutions had the potential to preserve the lifespan of harvest crops and increase the volume of food available.
Donohoe claimed that additional warehouses would provide 230, 000 metric tonnes of storage capacity, enabling up to 200,000 more farmers to access low-cost storage and maximise sales from crop harvests.
He added that the move would help to increase farmer incomes by more than 200 percent.
“Supporting smallholder farmers to achieve a fair wage is vital to ensure they remain in operation, producing more and higher quality crops for local consumption.
“Agriculture in Nigeria, Kenya, and Uganda accounts for a quarter of gross domestic product and employs 70 percent of their populations 80 percent of whom are smallholder and subsistence farmers. Currently, farmers face a difficult financial outlook due to macroeconomic uncertainty, limited market access, and poor reliability of sales from crop harvests. Yields have fallen, and farmers’ incomes are increasingly affected by price hikes of agricultural inputs and extreme weather events,” he declared.
He said that the capital would also be used to develop a soybean processing plant in Ibadan and a drying facility in Uganda.
The Director General of Small and Medium Enterprises Development Agency of Nigeria, Charles Odii, has urged the Federal Government to award 25 per cent of its contracts to small and medium enterprises.
Odii said this is because SMEs contribute about 50 per cent of the country’s Gross Domestic Product and employ about 60 million people.
Speaking with journalists on Wednesday in Abuja, the DG said, “Government is the biggest spender; the biggest employer of labour. We want small businesses to benefit from contract awards.
“What that means, however, is that small businesses need to be well-equipped to be able to win government contracts.
“96% of businesses in Nigeria are small businesses; so it is only 4 per cent that are big.”
The DG noted that a meeting he held earlier with young legislators and small business owners was aimed at getting a first-hand view of their challenges which mostly bothered on cost and funding.
He assured them that SMEDAN would help small business owners reduce production costs.
“A lot of banks want to give funding, but they can’t give small businesses because they are not adequately structured to receive the funding.
“We shall help at least one million entrepreneurs to structure their businesses to become eligible for such funding,” he added.
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