Monday, January 29, 2024

“AziCCUL, NtaCCUL Growing Big & Stronger Yearly”

 

Barrister Divine Nde Momuluh President AziCCUL

Fru Isaac Taku President NtaCCUL Credit Union

In the CEMAC zone, is  an observation that goes with the increasing number and the strength of the said institutions in the credit union market, customers Service provision network and micro finance world.

AziCCUL and NtaCCUL on Saturday the 27th and Sunday 28th January 2024 respectively in their usual annual come together showed up elegantly in their mass at Ayaba Hotel and Bamenda Congress house, this time flooding the whole place with a significant amount of people belonging to two credit union.

This caught the attention of the public and to the happy attention of members proud to be members of the said cooperative credit union leading in micro finance business in the CEMAC African sub-region.

True to what we are saying the growing and increasing strength of both unions is the driving force behind their increasing membership, budget and interests to Members shares.

AziCCUL stands at 4.5% and NtaCCUL at 6% a significant amount to lure any new member to pick an account with the cooperative credit union.

Not only that, going by the facts and statistics both unions offer basically all facilities known to first class banks and are into aggressive marketing and rebranding, which makes both credit unions at the moment to significantly have no match in the market of micro  finance and banking.

“There are credit unions and there are Credit Union with the big “C and U” AziCCUL and NtaCCUL are the leading two in Cameroon, in number, budget, services, branches, benefits, staff etc.

This mark of difference and excellence, emphasized itself on Saturday the 27th and Sunday 28th with the mammoth crowd that turn out for the Annual General Assembly AGM to chart the financial ways forward for the 2024 administrative year balancing accounts and record.

Speaking at the respective working AGMs 55th and 37th Congress, both Presidents Barrister Divine Nde Momuluh, Lembeh Pius of AziCCUL and Fru Isaac Taku, Ade Divine Muma of NtaCCUL, observed unanimously that they are growing bigger and stronger daily because of the affordable customers Services they are offering to members, their loan and investment policy is the best, not to talk of their interests rate and marketing policy.

 


Tuesday, January 23, 2024

Planetary Commons: Fostering global cooperation to safeguard critical Earth system functions

Press release by the Potsdam Institute for Climate Impact Research (PIK)

23/01/2024

Planetary Commons: Fostering global cooperation to safeguard critical Earth system functions

Tipping elements of the Earth system should be considered global commons, researchers argue in a new paper published in the renowned journal Proceedings of the National Academy of Sciences (PNAS). Global commons cannot - as they currently do - only include the parts of the planet outside of national borders, like the high seas or Antarctica. They must also include all the environmental systems that regulate the functioning and state of the planet, namely all systems on Earth we all depend on, irrespective on where in the world we live. This calls for a new level of transnational cooperation, leading experts in legal, social and Earth system sciences say. To limit risks for human societies and secure critical Earth system functions they propose a new framework of planetary commons to guide governance of the planet.

“Stability and wealth of nations and our civilisation depends on the stability of critical Earth system functions that operate beyond national borders. At the same time, human activities push harder and harder on the planetary boundaries of these pivotal systems. From the Amazon rainforest to the Greenland ice masses, there are rising risks of triggering irreversible and unmanageable shifts in Earth system functioning. As these shifts affect people across the globe, we argue that tipping elements should be considered as planetary commons the world is entrusted with, and consequently in need of collective governance,” explains Johan Rockström, Director of the Potsdam Institute for Climate Impact Research (PIK) and Professor of Earth System Science at University of Potsdam.

The publication is the result of an almost two year-long research process involving 22 leading international researchers. Legal, political and Earth system scientists make their case building on the well-known idea of the global commons, but significantly expanding it to design more effective legal responses to better govern biophysical systems that regulate planetary resilience beyond and across national boundaries, such as natural carbon sinks and the major forest systems. “We believe the planetary commons have the potential to articulate and create effective stewardship obligations for nation states worldwide through Earth system governance aimed at restoring and strengthening planetary resilience and promoting justice. However, since these commons are often located within sovereign territories, such stewardship obligations must also meet some clear justice criteria,” social scientist and author Joyeeta Gupta highlights.

A planetary shift towards collective global scale solutions transcending national boundaries

Global commons or global public goods like the high seas and deep seabed, outer space, Antarctica and the atmosphere are shared by all states. They lie outside of jurisdictional boundaries and thus sovereign entitlements. All states and people have a collective interest, especially when it comes to resource extraction, that they be protected and governed effectively for the collective good. The planetary commons expand the idea of the global commons by adding not only globally shared geographic regions to the global commons framework, but also critical biophysical systems that regulate the resilience and state, and therefore livability, on Earth. The consequences of such a “planetary shift” in global commons governance are potentially profound, the authors argue. Safeguarding these critical Earth system regulatory functions is a challenge at a unique planetary scale of governance, characterised by the need for collective global scale solutions that transcend national boundaries.

“Earth’s critical regulatory systems are now being put under pressure by human activities at unprecedented levels,” says author of the paper Louis Kotzé, Professor of Law at North-West University in South Africa and the University of Lincoln, UK, and researcher at the Research Institute for Sustainability Helmholtz Centre Potsdam. “Our existing global environmental law and governance framework is unable to address the planetary crisis and keep us from crossing planetary boundaries. This is why we urgently need planetary commons as a new law and governance approach that can safeguard critical Earth system regulating functions more effectively.”

Article: Johan Rockström, Louis Kotzé, Svetlana Milutinović, Frank Biermann, Victor Brovkin, Jonathan Donges, Jonas Ebbesson, Duncan French, Joyeeta Gupta, Rakhyun Kim, Timothy Lenton, Dominic Lenzi, Nebosja Nakicenovic, Barbara Neumann, Fabian Schuppert, Ricarda Winkelmann, Klaus Bosselmann, Carl Folke, Wolfgang Lucht, David Schlosberg, Katherine Richardson, Will Steffen (2024): The Planetary Commons: A New Paradigm for Safeguarding Earth Regulating Systems in the Anthropocene. [DOI: 10.1073/pnas.2301531121]

Weblink to the article, once published: https://doi.org/10.1073/pnas.2301531121

For further information please contact:

PIK press office

Phone: +49 331 288 25 07

E-Mail: press@pik-potsdam.de

www.pik-potsdam.de


Who we are: The Potsdam Institute for Climate Impact Research (PIK) is one of the leading research institutions addressing relevant questions in the fields of global change, climate impacts and sustainable development. Natural and social scientists work closely together to generate interdisciplinary insights that provide a sound basis for decision-making for society, businesses and politics. PIK is a member of the Leibniz Association.

Wednesday, January 17, 2024

Dangote Seals Petroleum Sales Deal with Group Nkah Engineering

 


Dangote Petroleum Refinery seals Deal with Group Nkah Engineering to Distribute Petroleum Products in Africa

This is confirmed in an official letter addressed to the General management of Group Nkah Engineering in Cameroon signed on the 15th of January 2024, by Dr Turajo Nasir and Abdulaziz Kolo, top management staff of the Dangote Petroleum refinery and petrochemicals FZE Lekki Lagos state, in which the duo made official their readiness to do oil and petroleum business with Group Nkah Engineering.


 

Group Nkah Engineering it must be noted is a known reputed Cameroon group of development actors and experts into renewable energy, heavy duty supply, medical equipment, road construction, banking, assembling etc. Headed by Dr Nkah Godlove a Civil engineer of exceptional class and a  young business social entrepreneur par excellence.

The mark of confidence bestowed on Group Nkah Engineering by Dangote Petroleum refinery only comes to strengthen the group’s grip in Africa’s economy and commerce working with one of the richest black African in the world, Sir, Hon. Dr. Aliko Dangote.



The new heaven’s deal with Aliko Dangote and his mega oil businesses will help market more the Group Nkah Engineering and project Cameroon’s business economy. 

Group Nkah Engineering is a signatory and a big financial partners with EXIM Bank in India.

Dangote refinery it must be noted is built in the free zone near the new deep-water port of Lekki, east of Lagos with a maximum capacity of 650,000 barrels per day. At full capacity, it is expected to have the largest crude oil refining capacity on the African continent. It will produce diesel, fuel for planes and cars, as well as liquefied petroleum gas.

Dr. NKAH GODLOVE

CHAIRMAN GROUPE NKAH ENGINEERING SARL

Tel+237 676611142

Tel+237 676979185 (WhatsApp)

Email: gm@groupnkahengineering.com

sales@groupnkahengineering.com

Site Web: www.groupenkahengineering.com