Posts

Showing posts with the label COVID-19

Education in Nigeria: An Open Letter To Help The Next Generation

Image
Dear Readers, Spiraling off from my post on vices , these past two weeks had been spent to help as many foundations that assist survivors or the less privileged survive, get better and secure a better future by settling their hospital bills, family or even their education. In doing this, I came across a tweet on an academic foundation whose major aim is to tackle the failing education system in Nigeria. The Vickies foundation’s contribution might seem like a drop in the ocean to some people, but the basis of some vices that have been occurring in Nigeria is due to the lack of appropriate education. There was a video of a cleric who claimed the age for consent for the girl child is age 6. This was sad to see, especially because that is the level of exposure they have. This could be as a result of ethnical or religious manipulation, lack of information or proper education. Hence, in the little ways we can, we should help foundations with genuine platforms to reach out, educate, and h...

COVID-19: Media Outrages

Image
In this pandemic, the use of, and access to social media has been both a blessing and a curse. The novelty of the virus, panic of re-infection, slow pace of scientific discovery and controlled messages from the CDC’s of different countries has led to people turning to every/any information they can get on the virus from social media. Consequently, we are facing an unprecedented crisis of public understanding on the subject matter and the reliance on information from social media is at the heart this. This led to a surge of misinformation during the outbreak due to rumors, conspiracy theories, politics and other exaggerated medical claims. The major media outrages on the pandemic focused on the following: Anti-vaccinations; Conspiracy theories; Government coverage; Death-tollisms; Social media censorship; Social media regulations; Predictions of the pandemic’s aftermath; Economic recession forecasts; and The pace of technology and forced innovations in all sector...

The Impact of COVID-19 on Real Estate Valuation

Image
Introduction The decline in the level of business activities, stock market prices, bond prices and overall asset prices implies that the impact of COVID-19 definitely has some impact on valuations conducted by valuation practitioners all over the world. In this article, we would explore some of the various areas where the pandemic would impact value and our best estimate of what the impact may be like. However, we do not possess a crystal ball of what the future holds and this should not be seen as a definitive pronouncement but rather a contribution to the industry’s conversation around this topic. Investment property valued by a valuer comprise the use of transaction volumes that are seldom available due to its indivisible nature and high price. Typically, valuers use historical valuations and comparable properties with values derived in previous periods that had different economic backdrops. As a result, property prices do not always react to the changes in expectations...