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Home Blog Page 4099

The Age of House Demolitions in Nigeria

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If you check 2,000 years of global GDPs, you will see an inflection point for all developed nations. Yes, once any nation has a functional system that protects property rights, the nation begins to develop. No country has become developed without a strong property rights regime. Property rights (physical, intellectual, etc) is the most fundamental element in the rise of nations.

I call all politicians in Nigeria to show compassion and work with their citizens on this house demolition thing. While there could be safety reasons for some demolitions, that must also be put within the context of the law. In most countries, if a house is considered unlivable, the city regulator will send it a notice, and depending on the gravity, the sheriff (the police) will go and seal the property and evict the residents. Once that is done, the landlord is provided a remediation plan to fix whatever has to be fixed. 

But rarely do you see a government moving into bulldozing houses without going through the law even if the government had sent a letter. Imo state did that and Lagos is doing the same, leaving behind its excellence of following due process which has made it the nation’s finest opportunity place.

Kano has something I do not understand. Even if the previous government sold state land, bulldozing those houses by fiat does not seem fair to the citizens as some paid for the land, and followed what they thought was a fair and transparent process, executed by the previous state government. Nigeria needs to excel on building, over tearing down without compassion!

If  residents of Salanta Quarters in Kano followed due process for these lands, as stated by a previous government, it is just bluntly unfair to punish them this way. Why not go to the Court and give them the space to defend their rights? It is either Nigeria wants to advance or move backwards. But one thing is clear: jungle destruction will bring more hatred and animosity.

In Uwadiegwu, an Igbo novel, a man said that he borrowed only from his kinsmen because that insured his family. Why? If you borrow from your kinsman and the loan goes bad, he can lock you up, but at the same time, he will be responsible for the wellbeing of your family. (The Igbos name “Nwaoha” meaning a child belongs to the community, not just the parents.)  But what happens when your government is the one kicking you out, is the government responsible for your wellbeing? We need compassion please.

Positivism in Sociological Inquiry

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Positivism is attributed to August Comte, a French classical sociologist, also known as the father of Sociology. In the 19th century, August Comte conceived the idea of scientific study of human behaviour and society which eventually got much éclat. However, before Comte, the fact of social relations had been mainly explored in the general field of philosophy. Comte’s ability to adopt methods of the natural sciences to inquire into and understand human nature on the macro-social level led to the emergence of Sociology as an independent field of knowledge.

Positivism essentially is the scientific and systematic study of social phenomena including human behaviours, culture and institutions to arrive at valid and objective knowledge. The idea of Positivism anchors on the desirability and possibility of studying, interrogating and understanding human behaviours and the social world as a whole in a way similar to how natural scientists study and understand their subject matters in the natural world.

Perspectives in Positivism

Methods: First, the social world is to be seen as similar to the natural world in terms of how it can be studied. Therefore, only the scientific method is accepted as valid in the process of Sociological inquiry.

Facts: Knowledge essentially consists of identifying facts and making connections between facts. In other words, a knowledge or theory that explains behaviours must establish a causal relation of facts. Behaviours do not just manifest except they can be linked to observable facts. Human behaviours are determined by rules that are developed within social groups. For example, the need for economic survival leads people to develop economic institution and work groups. And the need to socialize children leads people to develop family groups.

Structuralism: Society is a system consisting of distinct but interconnected parts. Therefore, we experience the social world as a force that is over and above our individual ability to alter it. Just as we cannot escape the force of gravity, we cannot escape the social forces etc.

Empiricism: empirical study is the crux of positivism; in other words, understanding ‘what is’ as against ‘what should’. The researcher is to be personally objective in their work, not directly involved in the behaviour that is being observed. Avoiding biases means the research can be verified and the method used can be replicated.

Criticism

Sociology and social science cannot outright compare to natural science since they have subject matters that are varied in nature. Therefore, the idea that only the scientific method is valid and should be engaged in sociological inquiry cannot hold as true, at least not in all cases.

The idea that all behaviours are attributable to observable facts has been argued to be a reductionist view which is too crude to understand the complexities of social life.

Polygon (MATIC) Price Prediction As It Upgrades Security

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Polygon (MATIC) has positioned itself as a leading blockchain platform, renowned for its scalability solutions and unwavering commitment to enhancing security.

With recent upgrades in its security measures, investors and enthusiasts eagerly anticipate the potential impact on Polygon’s (MATIC) price. This article delves into the latest developments surrounding Polygon’s (MATIC) security enhancements and provides an insightful price prediction analysis.

Additionally, this article will explore the notable achievements of Uwerx, shedding light on the success of its ongoing presale.

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Polygon (MATIC) Rolls Out Security Upgrades

Polygon (MATIC) is witnessing a significant price surge due to a growing accumulation of buying power during the market consolidation period. Investors are optimistic about Polygon’s (MATIC) potential, driving the price up.

The price of Polygon (MATIC) has been rising recently following the announcement of the zkEVM upgrade. Polygon Labs has proposed the upgrade of Proof-of-Stake (PoS) to zkEVM Validium. This upgrade would allow Polygon (MATIC) to support zkEVM, a new type of Ethereum Virtual Machine (EVM) that is more scalable and secure than the current EVM.

Polygon (MATIC) is also considering upgrading its sidechains to zkEVM. This would allow Polygon (MATIC) to offer even lower fees and faster transaction speeds. Polygon (MATIC) has unveiled a new security upgrade designed to make the network more resistant to attacks.

The upgrade uses a new technique called “zk-SNARKs” to verify transactions without revealing the underlying data.

Polygon’s (MATIC) market cap is $6,395,489,916, and its trading volume is $418,311,622. These upgrades are expected to make Polygon (MATIC) more scalable, secure, and attractive to developers.

This could lead to further price gains in the future, with experts expecting Polygon (MATIC) to go up from $1.10 to $1.26 by the end of the year from its current price of $0.6885.

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Uwerx (WERX) Prioritises Security Features

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Transparency and security are at the core of Uwerx’s values. With team tokens locked for 9 months and Token Liquidity locked for 25 years after the presale, the platform ensures unwavering commitment and trust.

Once the project is ready to launch on centralized exchanges, the contracts will be renounced, symbolizing its commitment to decentralization. To ensure the highest standards of security and credibility, Uwerx has undergone comprehensive audits by esteemed firms SolidProof and InterFi Network.

As the presale ends on July 31st, Uwerx prepares to dazzle the world with a Test Airdrop. This exclusive event, scheduled at the presale’s conclusion, offers participants a taste of the incredible rewards in this dynamic ecosystem.

In its fifth and final stage, Uwerx’s presale offers an unmissable opportunity to acquire tokens at a remarkable price of $0.041 each, complemented by a generous 15% bonus. Stages 1 to 4 of Uwerx’s presale were completed in record time. By investing in Uwerx now, you can be a part of this revolution.

The Uwerx Vault is a safe haven for WERX token holders. This innovative feature allows users to store their tokens securely. The Uwerx Vault embodies the rising trend of staking mechanisms, providing an irresistible incentive for active participation within the ecosystem.

Analysts expect these security features will keep driving the price of WERX tokens up as investors rally toward tokens that prioritize security. Uwerx is poised to reshape the freelance industry as we know it. Hop on the presale before prices increase again.

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“Show Compassion”, Obi Condemns Demolition of Houses In Lagos, Kano

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The presidential candidate of Labour Party (LP) Peter Obi has joined other Nigerian voices to condemn the systemic demolition of houses by state governments, arguing that corrective measures by governments “need not be punitive or unduly insensitive.”

Obi issued a statement on Tuesday following the demolition of individual and public structures in Kano and Lagos by the respective governments.

Citing a 70 million housing deficit and vast unmet housing needs nationwide, Obi said there should always be room for compassion and humane correction in taking any remedial action.

“I respectfully appeal to various governmental authorities to marry the need to enforce compliance with extant regulatory regimes, with consideration for human feelings and necessary compassion,” he said.

“In Nigeria, we live in a time of extreme difficulties for citizens because of stagnated income, spiraling inflation, huge unemployment escalating socio-economic costs and high costs of living.”

The two-term former Anambra State governor said Nigerian citizens should therefore, not be subjected to the additional stress of unexpected hardship, urging the various concerned governments to “compensate those who have lost properties and livelihood in these unfortunate demolitions to ameliorate their suffering.”

Earlier this month, the Kano State government went on a demolition rampage, destroying a roundabout built by the past government and some other structures, including Salanta Quarters – a residential area in the state. Also in Lagos, the government had demolished several shops at the Alaba International Market and other places in the state.

The governments had justified their actions by labeling the affected structures either ‘illegal’, ‘unapproved’, or ‘distressed.’ The victims of such demolitions rarely get compensated. The situation has been attributed to the 1978 Land Use Act, which vests all land compromised in the territory of each State (except land vested in the Federal government or its agencies) solely in the Governor of the State.

Calls for the amendment of the 1978 Land Use Act to take landed property ownership off the grip of governors have not been heard by lawmakers.

Despite their legal backing to do and undo, Obi said current economic difficulties should compel governors to show compassion when dealing with cases of ‘illegal’ structures erected by innocent citizens in error – remembering that it’s the responsibility of the government to care and protect her citizens.

Read his full statement below:

Recently, there have been reports of widespread government demolition of so-called ‘illegal’ structures erected by some innocent Nigerian citizens in error. We face a paradox: with a 70 million housing deficit and vast unmet housing needs nationwide, some resort to self-help by building structures that serve as homes, businesses, SMEs offices, and stores.

Invariably, some of these structures were either not approved or were built with the tacit collusion or approval of the local authorities.
While some of these ongoing demolitions may be excusable, they have nonetheless, left many victims, mostly ordinary people who erred innocently or were ill-informed or misguided. Necessary corrective measures to planning or zoning violations by governments need not be punitive or unduly insensitive.

There should always be room for compassion and humane correction in taking any remedial action. I respectfully appeal to various governmental authorities to marry the need to enforce compliance with extant regulatory regimes, with consideration for human feelings and necessary compassion. In Nigeria, we live in a time of extreme difficulties for citizens because of stagnated income, spiraling inflation, huge unemployment escalating socio-economic costs, and high costs of living.

Nigerian citizens should, therefore, not be subjected to the additional stress of unexpected hardship. Moreover, the various concerned governments should consider paying compensation to those who have lost properties and livelihoods in these unfortunate demolitions to ameliorate their suffering.

Such compensation should fall under the rubric of eminent domain that is applicable to properties and assets acquired or demolished in the public interest.

It cannot ever be overemphasized that the primary duty of any government is the responsibility to care for and protect her citizens.

Sparklo (SPRK) Presale Records Massive Investments As Filecoin (FIL) Enters Recovery Mode

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The lack of long-term vision ultimately separates viable projects like Filecoin and Sparklo from haphazardly conceived ones in the crypto space. Several crypto projects come into the crypto space almost daily with little or no addition to blockchain technology. The continued bear market has, however, exposed these projects as they can no longer stand the test of time. Investors have become more innovative and now only look into projects which have solid innovations and solutions which will stand the test of time.

One of such projects is Sparklo which has created an investment pathway by merging the precious metals industry and the crypto industry, which are both valued at over $700 billion. While investors now look into leveraging this new platform, other viable projects like Filecoin (FIL) which are preparing for a bullish run. 

Sparklo (SPRK) presale maintains bullish momentum

Sparklo’s presale continues to witness unprecedented levels of investment from all quarters. Sparklo is undoubtedly one of the most popular investment platforms in the crypto space today. Its unique offerings and security features have given all investors the green light to leverage this wealth-creating platform massively.

Regarding security, Sparklo’s liquidity is committed to a century of lockup. Additionally, it has passed its audit with InterFI network, and its KYC has been completed. Not only that, Sparklo sets the pace for other investment platforms as it offers users the opportunity to own a fractional percentage of coveted precious metals like gold, silver, and platinum. Giving opportunities to all types of investors to have a piece of these timeless assets continues to receive applause from all quarters in the crypto space.

Sparklo is currently at stage three of presale and sells for just $0.055, which many say is a minimal price for a token experts say will grow by over 1,500% by year-end. Many investors continue to leverage this unique opportunity, and Sparklo continues to record high presale investments by the minute.

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Filecoin (FIL) up by 6%

Filecoin (FIL) has continuously shown a strong attempt at overcoming the bearish hold. Filecoin (FIL) currently trades at $4.02, which signals a price appreciation of 6.12% in the last seven days. Experts project that Filecoin’s (FIL) trajectory may be a signal to a recovering market.

This slight price movement by Filecoin (FIL) does not impress investors as they continue to jump ship to more reliable projects like Sparklo. This is evident in Sparklo’s massive investments being recorded daily. The investment behavior of investors has changed following the protracted bear market. They only now pitch their tents with the project that assures them of massive investment returns

 

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