User talk:Abdulwali Majeed

Jn
Bb Abdulwali Majeed (talk) 07:17, 19 December 2022 (UTC)

PROBLEMS ON THE COAST
The Nigerian Navy have four main problems one is that of smuggling. Smugglers try to import illegal goods by sea, thus avoiding government taxes. Secondly, there is a problem with unlicensed and illegal fishing. Nigeria loses approximately $60 million annually through illegal fishing in Nigeria's waters, mainly by foreign fishing fleets. The third problem is that of combating criminal gangs and pirates. The waters off the 350 mile Nigerian coastline are among the most dangerous in the world, with a huge rise in the number of attacks in recent years. One of the targets are the oil installations which are attacked by armed groups who sometimes kidnap oil workers. Some of the violence has been politically motivated, carried out by groups seeking to gain control over the region's oil wealth, but the bulk of it has been the work of criminal gangs and pirates. However, while kidnappings of foreigners and attacks on oil installation in Nigeria have gained international attention, it is often fishermen who bear the greatest burden of the lawlessness at sea. The fishing trawlers that chug up and down the coastlines are within easy reach of the pirates' gun-mounted speedboats. These trawlers are virtually defenceless – and are easy targets. These has been a surge in deadly attacks on fishing crews and, following the death of oil worker's.                                              – Majeed Abdulwali Abdulwali Majeed (talk) 07:36, 19 December 2022 (UTC)

MESSI OR RONALDO WORLD CUP?
Ahead of the 2022 World Cup final, Pete Sharland looks at the GOAT debate and why, whether Argentina win or lose, Lionel Messi has more than settled it in his favour. Rightly or wrongly the debate is closed (of course you know that can never be true) and at 35 Messi still has time to add to his legacy. His performances in Qatar have been a remarkable swansong on the world’s biggest stage. For some time now the debate between the greatest (men's) player to ever play has been centred around four players: Pele, Maradona, Messi and Cristiano Ronaldo. Pele had goals and World Cups. Maradona had outrageous genius and one World Cup. Both Messi and Ronaldo have goals at levels that we have never seen before. Purists will lament the failure of the modern generation to include either Ferenc Puskas or Alfredo Di Stefano, but alas this is the way the debate has gone. And what of Maradona and Pele? Well for the former you can certainly make an argument that his peak was as good as Messi’s peak, or even better. But the consistency is not even close, Maradona simply could not do it at the same level for a sustained period of time. For Pele the goals at club level argument quite quickly falls to pieces when you consider he never played outside of Brazil except for his brief New York stint. Plus at a certain point you have to talk about the level of the game at the moment given advances technically and physically. Yes, defenders aren’t allowed to hack you down in quite the same way as Pele’s time or even Maradona's, but there’s no denying how far the game has come. And that seems like a good point to make one final point. This is not to say that no player will ever pass Messi as the greatest of all time. There might be a small child somewhere kicking a ball that is going to have a career unlike anything we have ever seen. But they will have to start at a stupidly young age, and keep going for a hell of a long time. In Messi’s 'age 19 season' he scored 14 league goals, and he has only failed to score 10 or more league goals once in his career since that point, his first year in Paris. As mentioned earlier in the article, this ultimately doesn’t matter. It's highly unlikely that many people (if any) will be swayed by the arguments laid out here. Messi has produced a stunning level of football in his career, but so too have many others across the game’s history. His work thus far, regardless of what happens on Sunday, leaves him atop of the podium in this author’s eyes. Will it be the case for you? That’s for you to decide. Abdulwali Majeed (talk) 07:44, 19 December 2022 (UTC)

WHAT IS THE FUTURE OF NIGERIA?
The Nigerian economy remains dependent on the small oil sector (under 10 percent of GDP) for the bulk of its fiscal revenues and foreign exchange earnings. This makes Nigeria’s balance of payments and government budgets vulnerable to volatilities in oil prices. Indeed, growth and investment in Nigeria have been negatively impacted by repeated oil-price driven boom-bust cycles. The oil price shock of late 2014 and its aftermath pushed the economy into recession and precipitated a major budgetary crisis at the national and state levels which brought to light the longer-term trend of weak domestic revenue mobilization. Nigeria’s weak revenue mobilization has major implications for growth and development, including for improving its dire social service delivery outcomes. Thus, the country needs to take concrete steps to break its oil dependency to improve its economic and social outcomes. Oil revenues are recovering with increasing oil prices, but distributions to the tiers of government are constrained by the unbudgeted fuel subsidy and other deductions. The fuel subsidy, no longer an explicit first line deduction from oil revenues, mostly benefits the affluent and it is also widely-known that a portion of Nigeria’s imported petrol is smuggled out to neighboring countries where petrol is more expensive. The constrained net oil revenues, combined with non-oil revenues that are constrained by limited tax policy reforms and are thus stagnated (relative to GDP), limit overall revenue realization, thus constraining budget execution and the build-up of fiscal buffers. The growth in the public debt stock between the first half of 2017 and the first half of 2018 was mainly attributable to the increased Eurobond issuances, some of which were used to liquidate costlier domestic short-term debt. The Nigeria Economic Recovery and Growth Plan (ERGP) 2017-2020 aims to achieve macroeconomic stability and economic diversification and there is thus the need to accelerate its implementation progress. The special focus topic for this report is on human capital development in Nigeria. Studies show that between 10 and 30 percent of the differences in per capita income between countries can be attributed to human capital. The economic burden of malaria alone in Nigeria, accounting for direct and indirect costs excluding mortality, is estimated at 13.5 percent of GDP. However, in the quest for sustainable growth, Nigeria, like many other countries, has underinvested in human capital. While physical capital remains critical, it does not fully account for improvements in growth. NIGERIA DEVELOPMENT UPDATE, JUNE 2021 In 2020, Nigeria experienced its deepest recession in four decades, but growth resumed in the fourth quarter as pandemic restrictions were eased, oil prices recovered, and the authorities implemented policies to counter the economic shock. As a result, in 2020 the Nigerian economy experienced a smaller contraction (-1.8 percent) than had been projected when the pandemic began (-3.2 percent). As part of its response, the government carried out several long-delayed policy reforms, often against vocal opposition. Notably, the government (1) began to harmonize exchange rates; (2) began to eliminate gasoline subsidies; (3) started adjusting electricity tariffs to more cost-reflective levels; (4) cut nonessential spending and redirected resources to COVID-19 (coronavirus) responses at both the federal and the state levels; and (5) enhanced debt management and increased public-sector transparency, especially for oil and gas operations. By creating additional fiscal space and maximizing the impact of the government’s limited resources, these measures were critical in protecting the economy against a much deeper recession and in laying the foundation for earlier recovery. However, several critical reforms are as yet incomplete, which threatens Nigeria’s nascent recovery. In the baseline scenario, Nigeria’s economy is expected to grow by 1.8 percent in 2021. Despite the current favorable external environment, with oil prices recovering and growth in advanced economies, reform slippages would hinder the renewed economic expansion and undermine progress toward Nigeria’s development goals. In a risk scenario, in which the government fails to sustain recent macroeconomic and structural reforms, the pace of economic recovery would slow, and GDP growth couldbe just 1.1 percent in 2021. Abdulwali Majeed (talk) 07:47, 19 December 2022 (UTC)

EVERY THING ABOUT ELON MUSK
Top Questions ·When was Elon Musk born? ·Where did Elon Musk go to school? ·What did Elon Musk accomplish? Elon Musk, (born June 28, 1971, Pretoria, South Africa), South African-born American entrepreneur who cofounded the electronic- payment firm PayPal and formed SpaceX, maker of launch vehicles and spacecraft. He was also one of the first significant investors in, as well as chief executive officer of, the electric car manufacturer Tesla. In addition, Musk acquired Twitter in 2022.

Elon Musk Elon Musk See all media Born: June 28, 1971 (age 51) Pretoria South Africa Founder: PayPal SpaceX Zip2 Early life Musk was born to a South African father and a Canadian mother. He displayed an early talent for computers and entrepreneurship. At age 12 he created a video game and sold it to a computer magazine. In 1988, after obtaining a Canadian passport, Musk left South Africa because he was unwilling to support apartheid through compulsory military service and because he sought the greater economic opportunities available in the United States.

PayPal and SpaceX Musk attended Queen’s University in Kingston, Ontario, and in 1992 he transferred to the University of Pennsylvania, Philadelphia, where he received bachelor’s degrees in physics and economics in 1997. He enrolled in graduate school in physics at Stanford University in California, but he left after only two days because he felt that the Internet had much more potential to change society than work in physics. In 1995 he founded Zip2, a company that provided maps and business directories to online newspapers. In 1999 Zip2 was bought by the computer manufacturer Compaq for $307 million, and Musk then founded an online financial services company, X.com, which later became PayPal, which specialized in transferring money online. The online auction eBay bought PayPal in 2002 for $1.5 billion.

Witness the successful launch of the SpaceX Dragon capsule, May 25, 2012 Witness the successful launch of the SpaceX Dragon capsule, May 25, 2012See all videos for this article Musk was long convinced that for life to survive, humanity has to become a multiplanet species. However, he was dissatisfied with the great expense of rocket launchers. In 2002 he founded Space Exploration Technologies (SpaceX) to make more affordable rockets. Its first two rockets were the Falcon 1 (first launched in 2006) and the larger Falcon 9 (first launched in 2010), which were designed to cost much less than competing rockets. A third rocket, the Falcon Heavy (first launched in 2018), was designed to carry 117,000 pounds (53,000 kg) to orbit, nearly twice as much as its largest competitor, the Boeing Company’s Delta IV Heavy, for one-third the cost. SpaceX has announced the successor to the Falcon 9 and the Falcon Heavy: the Super Heavy–Starship system. The Super Heavy first stage would be capable of lifting 100,000 kg (220,000 pounds) to low Earth orbit. The payload would be the Starship, a spacecraft designed for providing fast transportation between cities on Earth and building bases on the Moon and Mars. SpaceX also developed the Dragon spacecraft, which carries supplies to the International Space Station (ISS). Dragon can carry as many as seven astronauts, and it had a crewed flight carrying astronauts Doug Hurley and Robert Behnken to the ISS in 2020. The first test flights of the Super Heavy–Starship system launched in 2020. In addition to being CEO of SpaceX, Musk was also chief designer in building the Falcon rockets, Dragon, and Starship.

Tesla Elon Musk Elon Musk Musk had long been interested in the possibilities of electric cars, and in 2004 he became one of the major funders of Tesla Motors (later renamed Tesla), an electric car company founded by entrepreneurs Martin Eberhard and Marc Tarpenning. In 2006 Tesla introduced its first car, the Roadster, which could travel 245 miles (394 km) on a single charge. Unlike most previous electric vehicles, which Musk thought were stodgy and uninteresting, it was a sports car that could go from 0 to 60 miles (97 km) per hour in less than four seconds. In 2010 the company’s initial public offering raised about $226 million. Two years later Tesla introduced the Model S sedan, which was acclaimed by automotive critics for its performance and design. The company won further praise for its Model X luxury SUV, which went on the market in 2015. The Model 3, a less-expensive vehicle, went into production in 2017 and became the best-selling electric car of all time.

Dissatisfied with the projected cost ($68 billion) of a high-speed rail system in California, Musk in 2013 proposed an alternate faster system, the Hyperloop, a pneumatic tube in which a pod carrying 28 passengers would travel the 350 miles (560 km) between Los Angeles and San Francisco in 35 minutes at a top speed of 760 miles (1,220 km) per hour, nearly the speed of sound. Musk claimed that the Hyperloop would cost only $6 billion and that, with the pods departing every two minutes on average, the system could accommodate the six million people who travel that route every year. However, he stated, between running SpaceX and Tesla, he could not devote time to the Hyperloop’s development.

Get a Britannica Premium subscription and gain access to exclusive content. Subscribe Now Twitter

Musk joined the social media service Twitter in 2009, and, as @elonmusk, he became one of the most popular accounts on the site, with more than 85 million followers as of 2022. He expressed reservations about Tesla’s being publicly traded, and in August 2018 he made a series of tweets about taking the company private at a value of $420 per share, noting that he had “secured funding.” (The value of $420 was seen as a joking reference to April 20, a day celebrated by devotees of cannabis.) The following month the U.S. Securities and Exchange Commission (SEC) sued Musk for securities fraud, alleging that the tweets were “false and misleading.” Shortly thereafter Tesla’s board rejected the SEC’s proposed settlement, reportedly because Musk had threatened to resign. However, the news sent Tesla stock plummeting, and a harsher deal was ultimately accepted. Its terms included Musk’s stepping down as chairman for three years, though he was allowed to continue as CEO; his tweets were to be preapproved by Tesla lawyers, and fines of $20 million for both Tesla and Musk were levied.

Musk was critical of Twitter’s commitment to principles of free speech, in light of the company’s content-moderation policies. Early in April 2022, Twitter’s filings with the SEC disclosed that Musk had bought more than 9 percent of the company. Shortly thereafter Twitter announced that Musk would join the company’s board, but Musk decided against that and made a bid for the entire company, at a value of $54.20 a share, for $44 billion. Twitter’s board accepted the deal, which would make him sole owner of the company. Musk stated that his plans for the company included “enhancing the product with new features, making the algorithms open source to increase trust, defeating the spam bots, and authenticating all humans.” In July 2022 Musk announced that he was withdrawing his bid, stating that Twitter had not provided sufficient information about bot accounts and claiming that the company was in “material breach of multiple provisions” of the purchase agreement. Bret Taylor, the chair of Twitter’s board of directors, responded by saying that the company was “committed to closing the transaction on the price and terms agreed upon with Mr. Musk.” Twitter sued Musk to force him to buy the company. In September 2022, Twitter’s shareholders voted to accept Musk’s offer. Facing a legal battle, Musk ultimately proceeded with the deal, and it was completed in October.

Erik Gregersen Jeff Bezos Home Politics, Law & Government Businesspeople & Entrepreneurs Jeff Bezos American entrepreneur Alternate titles: Jeffrey Preston Bezos By The Editors of Encyclopaedia Britannica Article History Top Questions Who is Jeff Bezos? How did Jeff Bezos start Amazon? Where was Jeff Bezos born? Was Jeff Bezos born rich? What was Jeff Bezos’s first job? Summary Read a brief summary of this topic Jeff Bezos, byname of Jeffrey Preston Bezos, (born January 12, 1964, Albuquerque, New Mexico, U.S.), American entrepreneur who played a key role in the growth of e-commerce as the founder and chief executive officer of Amazon.com, Inc., an online merchant of books and later of a wide variety of products. Under his guidance, Amazon became the largest retailer on the World Wide Web and the model for Internet sales.

Jeff Bezos Jeff Bezos See all media Born: January 12, 1964 (age 58) Albuquerque New Mexico Founder: Amazon.com Blue Origin Notable Family Members: son of Miguel ("Mike") Bezos son of Jacklyn ("Jackie") Bezos son of Ted Jorgensen married to Mackenzie Scott (1993–2019) brother of Mark Bezos brother of Christina Bezos Early life and career Jeff Bezos Jeff Bezos While still in high school, Bezos developed the Dream Institute, a centre that promoted creative thinking in young students. After graduating (1986) summa cum laude from Princeton University with degrees in electrical engineering and computer science, he undertook a series of jobs before joining the New York investment bank D.E. Shaw & Co. in 1990. Soon named senior vice president—the firm’s youngest—Bezos was in charge of examining the investment possibilities of the Internet. Its enormous potential—Web usage was growing by more than 2,000 percent a year—sparked his entrepreneurial imagination. In 1994 he quit D.E. Shaw and moved to Seattle, Washington, to open a virtual bookstore. Working out of his garage with a handful of employees, Bezos began developing the software for the site. Named after the South American river, Amazon sold its first book in July 1995.

Amazon.com Jeff Bezos Jeff Bezos Amazon quickly became the leader in e-commerce. Open 24 hours a day, the site was user-friendly, encouraging browsers to post their own reviews of books and offering discounts, personalized recommendations, and searches for out-of-print books. In June 1998 it began selling CDs, and later that year it added videos. In 1999 Bezos added auctions to the site and invested in other virtual stores. The success of Amazon encouraged other retailers, including major book chains, to establish online stores.

As more companies battled for Internet dollars, Bezos saw the need to diversify, and by 2005 Amazon offered a vast array of products, including consumer electronics, apparel, and hardware. Amazon diversified even further in 2006 by introducing Amazon Web Services (AWS), a cloud-computing service that eventually became the largest such service in the world. In late 2007 Amazon released a new handheld reading device called the Kindle, a digital book reader with wireless Internet connectivity, enabling customers to purchase, download, read, and store a vast selection of books on demand. Amazon announced in 2010 that sales of Kindle books had surpassed those of hardcover books. That same year Amazon moved into making its own television shows and movies with its Amazon Studios division. Amazon’s yearly net sales increased from $510,000 in 1995 to some $600 million in 1998 and from more than $19.1 billion in 2008 to almost $233 billion in 2018. About half of the company’s operating income in 2018 was derived from AWS. Two years later Amazon registered record profits, and its revenue in the fourth quarter that year surpassed $100 billion for the first time. The unprecedented numbers were, in part, caused by a rise in home shopping during the COVID-19 pandemic.

In February 2021 Bezos announced that he would be stepping down as CEO later that year. However, he planned to remain at Amazon as executive chairman.

Other activities Aside from Amazon, Bezos founded a spaceflight company, Blue Origin, in 2000. Blue Origin bought a launch site in Texas soon thereafter and planned to introduce a crewed suborbital spacecraft, New Shepard, in 2018 and an orbital launch vehicle, New Glenn, in 2020. Bezos bought The Washington Post and affiliated publications for $250 million in 2013. Bezos’s net worth was calculated in 2018 at $112 billion, making him the richest person in the world. Personal life In 1993 Bezos married Mackenzie Tuttle, whom he had met at D.E. Shaw. The couple announced in January 2019 that they were divorcing, and the following day the National Enquirer printed a story revealing that Bezos was having an affair with another woman. Bezos subsequently launched an investigation into how the tabloid had obtained his private text messages. Then, in February, he posted a lengthy essay online in which he accused officials at American Media Inc. (AMI), the parent company of the Enquirer, of “extortion and bribery” for suggesting that they would release nude photographs of Bezos if he did not stop his inquiry, amid other demands. The Bezos-led investigation later alleged that his lover’s brother had leaked the texts Abdulwali Majeed (talk) 07:52, 19 December 2022 (UTC)