#Agric:
LASG selects 48 schools for 91 agric projects
The Lagos State Government says no fewer than 48 schools will
benefit from its School Agric Programme (SAP) initiative. The Commissioner for
Agriculture, Toyin Suarau, stated this on Friday during a meeting with school
principals, vice principals and agricultural science teachers in the state at
Alausa, Ikeja.
Published
by the Punch Newspaper on Tuesday, 31 May 2016
#Education:
‘Lagos public schools’ records enviable’
The Lagos State Government says public schools in the state
are becoming a force to reckon with educationally, adding that the performances
of pupils are enviable. The Executive Chairman of the Lagos State Universal
Basic Education Board, Dr Ganiyu Sopeyin, stated this in Ikeja at the inauguration
of the 2016/2017 registration into the Early Child Care Development Education
and primary schools.
Published
by the Punch Newspaper on Tuesday, 31 May 2016
#CSR#Health:
Firm pledges to support diarrhoea prevention in Nigeria
The Managing Director, Reckitt Benckiser West Africa, Rahul
Murgai, has said that the company is committed to reducing the incidence of
diarrhoea and other infectious diseases in Nigeria. Murgai said this at the
grand finale of the Dettol Clean Naija
campaign in Lagos.
Published
by the Punch Newspaper on Tuesday, 31 May 2016
#Oil:
Nigeria risks losing oil buyers to Iran, S’Arabia
Nigeria, which recently lost its Africa’s top oil producer
status to Angola on the back of huge decline in its output, stands a chance of
losing some pf its traditional buyers to rival producers such s Iran and Saudi
Arabia, industry experts have said. Following the spate of production
disruptions largely caused by the recent upsurge in militants attacks on oil
infrastructure in the Niger Delta that have cut Nigeria’s output to the lowest
in almost three decades, export of the commodity from the country have taken a
serious beating.
Published
by the Punch Newspaper on Tuesday, 31 May 2016
#IndustryPulse:
FG inaugurates committee on AMCON loans recovery
The Federal Government has inaugurated a Presidential inter
agency committee on the recovery of loans of commercial banks and corporate
organizations bought over by the Asset Management Corporation of Nigeria. The
spokesperson for the Attorney-General of the Federation and Minister of
Justice, Mr Salihu Isah, disclosed the constitution of the committee in
statement in Abuja on Monday, adding that the committee was inaugurated on May
19.
Published
by the Punch Newspaper on Tuesday, 31 May 2016
#Power:
Power sector loses N2bn daily, more turbines pack up
The power sector has been losing an average of N2 billion
daily since the resurgence of pipeline bombings by militants in the Niger
Delta, latest electricity supply statistics have shown. This coming as the
number of functional gas-fired power generating turbines across the country has
dropped from 50 that were operational in April to about 30 as of the end of
last week.
Published
by the Punch Newspaper on Tuesday, 31 May 2016
#CSR: Shell
begins campaign on energy efficiency in Nigeria
Global oil giant, Shell, has announced the launch of a public
service campaign in Nigeria as part of an international effort to encourage
debate on how a rapidly expanding world population can meet its energy needs.
The company said in a statement on Monday that the 2016 campaign christened #makethefuture
was aimed at promoting advocacy and partnership for bright energy ideas as part
of Shell’s thought leadership on the future of energy.
Published
by the Punch Newspaper on Tuesday, 31 May 2016
#CSR: FCMB
boosts CSR initiative
First City Monument Bank Limited says it is committed to the
growth of the health sector as part of its Corporate Social Responsibility.
This, the lender said, informed its decision to offset the medical bills of
over 400 Nigerians affected by cataract and other eye diseases, nationwide.
Published
by the Punch Newspaper on Tuesday, 31 May 2016
#CSR: 40
graduate from Slot Academy
Slot has graduated the first set of over 40 students from its
academy. The academy, which is the brainchild of Slot Foundation, is a
Corporate Social Responsibility initiative aimed at providing technical skills
and creating jobs for Nigerians.
Published
by the Punch Newspaper on Tuesday, 31 May 2016
#Education:
UNICAL woos Navy on maritime studies
Authorities of the University of Calabar, Cross River State,
have urged the Nigerian Navy to collaborate with the institution on maritime
studies. The UNICAL Vice-Chancellor, Prof. Zana Akpagu, made the appeal when he
led a delegation to the headquarters of the Eastern Naval Command in Calabar on
Monday. The Flag Officer Commanding, ENC, Rear Admiral James Oluwole received
the delegation.
Published
by the Punch Newspaper on Tuesday, 31 May 2016
#Oil: NASS
issues bench warrant on seven oil companies
The Senate and House of Representatives joint committees on
Niger Delta Development Commission (NDDC), yesterday issued bench warrants on
seven oil companies operating in Niger Delta region for failure to appear
before a public hearing to defend themselves over alleged non-remittance of
statutory funds to the commission for the development of the region.
Published
by the Guardian Newspaper on Wednesday, 1st June, 2016
#Power: No
going back on electricity tariff increase, says govt, NERC
The Federal Government and the Nigerian Electricity
Regulation Commission (NERC) yesterday dashed the hope of many Nigerians as
they said there is no going back on the 45 percent increase in electricity
tariff.
Published by
the Guardian Newspaper on Wednesday, 1st June, 2016
#Stakeholders’Action:
Workers lock down Health Ministry, demand perm sec’s redeployment
There was a palpable tension at the headquarters of the
Ministry of Health in Abuja yesterday, as workers again shut down the place,
over the rate of alleged corruption and other misconducts at the ministry. The workers
shut down power supply, switched off the elevators and insisted that the
Permanent Secretary, Dr Amina Shamaki, stay away from the ministry and is redeployed
by the Head of Service of the Federation.
Published
by the Guardian Newspaper on Wednesday, 1st June, 2016
#Environment:
President launches Ogoniland clean-up project tomorrow
President Muhammadu Buhari will tomorrow, Thursday, June 2,
2016 in Bodo, Rivers State, officially perform the flag-off of the clean-up
project of Ogoniland and other impacted communities in the oil-rich Niger Delta
region. Minister of Environment, Amina Mohammed who made the disclosure to The
Guardian during a brief, said: “this will be one of government’s major
programmes for the areas contaminated and polluted by oil spillage in the
region.
Published
by the Guardian Newspaper on Wednesday, 1st June, 2016
#Economy:
China, India, U.S. top list of Nigerian foreign trade
The National Bureau of Statistics (NBS) has said that
Nigeria’s total trade volume for the first quarter of 2016 (Q1 2016) is valued
at N2.72 trillion. According to Q1 Foreign Trade statistics report made
available to journalists in Abuja yesterday, the N2.72 trillion Q1 total
foreign trade value is 22.6% less than total trade volume recorded in Q4 2015
and 38.0% less than same quarter in 2015.
Published
by the Guardian Newspaper on Wednesday, 1st June, 2016
#Industry:
Nigeria, World Bank move to review privatising mining firms
The Federal Government and the World Bank are working closely
to review the nation’s privatised mining enterprises, the Minister of Solid
Minerals Development, Kayode Fayemi, has disclosed. Fayemi, in a chat yesterday
with the News Agency of Nigeria(NAN)
in Abuja, said the collaboration was to make the firms functional, adding that
the Bretton Woods institution would also help Nigeria exploit her minerals
achieve government’s planned diversification of the economy.
Published
by the Guardian Newspaper on Wednesday, 1st June, 2016
#Agric:
ECOWAS enshrine food standards’ safety
As part of measures to ensure food standards safety and
security, the Economic Community of West African States (ECOWAS), yesterday
disclosed that goods produced in any member country would henceforth be
labelled as made in Africa. This position which was adopted at stakeholders’
meeting at the sub-region’s products
regulatory officers in Abuja, is aimed at adding value to its agricultural
produce.
Published
by the Guardian Newspaper on Wednesday, 1st June, 2016
#Energy:
Nigeria remains a top gas flaring country, says EIA
Despite recording significant decrease in the level of gas
being flared per day, the US state Energy Information Administration (EIA) said
that Nigeria remains one of the top five gas flaring countries in the world.
Published
by the Guardian Newspaper on Wednesday, 1st June, 2016
#IndustryPulse:
Deloitte Africa strengthens regional operations
Deloitte Africa has appointed Fatai Folarin as the new Chief
Executive Officer of Deloitte Nigeria and Deloitte West Africa Regional Leader,
effective June 1, 2016, as it continues to focus on driving Africa’s regional
growth potential.
Published
by the Guardian Newspaper on Wednesday, 1st June, 2016
#Technology:
Technology as elixir for business growth
West Africa has seen increasing economic growth in the past
few years. This growth has been driven by changes in the economic focus ad also
facilitated by developments in the technology landscape in region. This was the
submission of the Regional Director for Sage in West Africa, Magnus Nmonwu, who
stressed that for enterprises in this region to keep pace with their
competitors, they needed to start investing in the right business management
solutions that offer digitalisation, mobility and security.
Published
by the Guardian Newspaper on Wednesday, 1st June, 2016
#Event:
NIGF 2016begins today
Stakeholders will converge on Abuja today and tomorrow for
this year’s edition of the Nigeria Internet Governance Forum (NIGF) to discuss
and make various inputs into the National Internet Governance Policy dialogue
on inclusive development intervention and Smart-city initiatives in Nigeria.
Published
by the Guardian Newspaper on Wednesday, 1st June, 2016
#IndustryPulse
#Technology: Firm boosts voice, data services with new offering
Driven by the need to provide customers with an exciting user
experience, Legend, an exclusive multi-media service based in Abuja, has
announced the introduction of premium entertainment to homes with movie-theatre
picture quality, unlimited internet and high-definition voice calls.
Published
by the Guardian Newspaper on Wednesday, 1st June, 2016
#Energy:
Shell launches campaign on energy efficiency in Nigeria
Shell Petroleum Development Company (SPDC) has launched a
major public service campaign in Nigeria as a part of global effort to
encourage debate on how a rapidly expanding world population can meet its
energy needs. Using traditional and social media advertising and other targeted
activities, the 2016 campaign, tagged: “#makethefuture”, follows from the
‘Let’s Go’ outreach and seeks to promote advocacy and partnership for bright
energy ideas as part of Shell’s thought leadership on the future of energy.
Published
by the Guardian Newspaper on Wednesday, 1st June, 2016
#Event: UK
hosts Africa’s marginal oil field devt forum
All is set for the Africa’s Small & Marginal Oil Field
Development Conference scheduled for 17 to 18 August 2016 at Crowne Plaza,
London. Energy & Corporate Africa the organizers of the conference said
some of the confirmed speakers for the event are from Nigeria, Ghana, Senegal
and many other countries in the region. The theme of this year’s conference is:
“Find it, commercialize it”.
Published
by the Guardian Newspaper on Wednesday, 1st June, 2016
#Awards #Energy:
Seven Energy wins award in gas-to-power industry
Seven Energy, one of the leading integrated gas companies in
South East Nigeria, with oil and gas interest in the region, has won the
prestigious “Impactful Investment in Gas to Power Industry Award” at the recent
2016 Lagos Chamber of Commerce and Industry (LCCI) Awards.
Published
by the Guardian Newspaper on Wednesday, 1st June, 2016
#Energy #investment:
Global renewable energy investments hit $285.9b
The quest to develop renewable energy projects across the
world may be gaining momentum with the financial commitments reaching a record
high of $285.9 billion in 2015. A new document to be launched today by the
REN21, tagged ‘Renewables Global Status Report’ showed that renewable power
generating capacity saw its largest increase ever, with an estimated 147
gigawatts (GW) within the period (last year).
Published
by the Guardian Newspaper on Wednesday, 1st June, 2016
#Event:
2,000 investors to attend African energy forum
About 2,000 investors are expected at the 18th
Africa Energy Forum (AEF) schedule to take place in London from 22 to 24June.
The event is expected to draw on the existing UK-Africa trade relationship and
take advantage of the expertise and experience of UK companies.
Published
by the Guardian Newspaper on Wednesday, 1st June, 2016
#Event: WEF
and Africa’s quest for industrial revolution
The World Economic Forum on Africa 2016 held from May 11 to
13 in Kigali, Rwanda, with the theme “Connecting Africa’s Resources through
Digital Transformation”, attracted over 1,200 participants from 70 countries
and about 600 organizations, 600 business leaders (more than half of whom were
from Africa-based companies).
Published
by the Guardian Newspaper on Wednesday, 1st June, 2016
#IndustryPulse:
MAN seeks procurement Act review to drive backward integration
Despite the myriad of challenges confronting the real sector,
the Manufacturers Association of Nigeria (MAN) has stated that implementation
of Procurement Act would encourage investments in the manufacturing sector as
stakeholders would begin to explore the opportunities in backward integration.
Published
by the Guardian Newspaper on Wednesday, 1st June, 2016
#Economy:
OIPS charges govt to position real sector, economy for recovery
The Lagos Chamber of Commerce and Industry (LCCI) has charged
the Federal Government on the need to reposition the economy and real sector for
recovery while advocating increased Public-Private [partnerships to implement
various growth initiatives. According to the LCCI, while the context of some of
the policy choices of government is appreciated, there is need for acceleration
of Public-Private Partnership programmes to support the provision of
infrastructure and the stepping up of efforts at creating an enabling
environment for investors.
Published
by the Guardian Newspaper on Wednesday, 1st June, 2016
#Partnership;
SMEDAN, Sokoto govt partner on re-development of industrial centre
To address youth unemployment and reposition Micro, Small and
Medium Enterprises (MSMEs) for business, the Small and Medium Enterprises
Development Agency (SMEDAN) and Sokoto state government have commenced plans to
redevelop industrial centres in the state. According to SMEDAN, the renewed
focus on Micro enterprises seeks to move micro entrepreneurs from the informal
to the formal sector, increase contribution to GDP, enhanced job creation,
wealth creation/poverty alleviation and improve the standard of living of the
generality of the Nigerian populace.
Published
by the Guardian Newspaper on Wednesday, 1st June, 2016
#IndustryPulse:
NPA, FAAN to work on uniform manifest with Customs
As part of measures to improve revenue, block leakages and
enhance trade facilitation, the Federal Government has integrated Nigerian
Ports Authority, Federal Airport Authority of Nigeria (FAAN) with Nigeria
Customs Service (NCS) on uniform manifest.
Published
by the Guardian Newspaper on Wednesday, 1st June, 2016
#Oil:
Nigeria loses $45.9m revenue in April
Nigeria recorded a revenue loss of $45.9 million in April,
according to Minister of Finance, Mrs Kemi Adeosun. The revenue loss was as a
result of a drop in the average price of crude oil from $39.04 in December 2015
to $29.02 in January this year, the minister said.
Published
by the Guardian Newspaper on Wednesday, 1st June, 2016
#IndustryPulse:
NIMASA woos Norwegian govt for ‘mutually beneficial partnership’
The Nigerian Maritime Administration and Safety Agency,
NIMASA, is eager to partner with the Norwegian government for mutual benefit
that will propel the growth of the maritime industry in Nigeria. The Director
General of NIMASA, Dr Dakuku Peterside stated this as he played host to the
Norwegian ambassador to Nigeria, Mr Rolf Ree, at the NIMASA head office in
Lagos.
Published
by the Guardian Newspaper on Wednesday, 1st June, 2016
#Economy:
Govt plans master-plan for exploration of solid minerals
President Muhammadu Buhari says the Federal Government would
soon roll out a master plan for the exploration of the 44 solid minerals
identified to be available in commercial quantity in the country. It is part of
efforts to fully develop the solid minerals sector, which the government has
declared the new frontier of the nation’s economic development.
Published
by the Guardian Newspaper on Wednesday, 1st June, 2016
#Oil: Govt,
Niger Delta stakeholders to check pipeline vandalism
The Federal government and stakeholders from the Niger Delta
region have resolved to work together to stem the recent upsurge in attacks on
critical oil and gas installations and ensure security, stability and economic
development of the area.
Published
by the Guardian Newspaper on Wednesday, 1st June, 2016
#Power:
AfDb targets 2025 for universal electricity access in Africa
The African Development Bank, AfDB, has again set ambitious
goal to help the continent achieve universal electricity access by 2025, with a
strong focus on encouraging clean and renewable energy solutions. To achieve
this goal, it is estimated that need investment in the energy sector will range
between $60 billion and $90 billion per year.
Published
by the Guardian Newspaper on Wednesday, 1st June, 2016
#IndustryPulse:
Ministry plans automated device for minerals verification
The Ministry of Solid Minerals Development is planning to
install automated device to enable investors to verify minerals available in
Nigeria, Dr Kayode Fayemi, the minister in charge of the ministry, has said.
Fayemi announced this at a forum in Abuja, stating that the device would enable
both local and foreign mining investors to verify types of minerals, location
and quantity.
Published
by the Guardian Newspaper on Wednesday, 1st June, 2016
#IndustryPulse:
Nigeria loses N160bn yearly to foreign ship repairs
Nigeria loses about $500 million (about N160 billion) yearly
due to the repair of local Nigerian ships outside the country, according to a
maritime expert, Engr. Greg Ogbeifun.
Published by
the Guardian Newspaper on Wednesday, 1st June, 2016
#Infrastructure:
Ministry test-runs Abuja-Kaduna rail
The Ministry of Transportation has begun the test-run of the
Abuja-Kaduna standard gauge rail ahead of its official commissioning. The
Minister of Transportation, Mr Rotimi Amaechi, who flagged-off the test-run
with a train ride from the Idu main station to Kubwa yesterday, said by the
first week of July, President Muhammadu Buhari would commission the facility.
Published
by the Daily Trust Newspaper on Thursday, 2nd June 2016
#Economy:
Nigeria sets agenda for ACP
Nigeria has urged the African, Caribbean and Pacific Group of
states (ACP) to focus on future around areas of comparative advantage in such
areas as trade and investment as government development cooperation through
technology, political dialogue and advocacy.
Published
by the Daily Trust Newspaper on Thursday, 2nd June 2016
#Health:
Bauchi sets up committee to engage private sector
Governor Mohammed Abdullahi Abubakar has inaugurated a
Standing Committee on Corporate Social responsibility to inspire private
interest to help in providing healthcare services in Bauchi State. Inaugurating
the committee in Bauchi, the governor said engaging private interests in the
provision of affordable healthcare services became necessary in the state as
demand from various sectors continued to increase in the face of dwindling
financial resource, and the government had no option but to think out of the
box and find ways of harnessing resources to enable it carry out its laudable
healthcare policies and programmes.
Published
by the Daily Trust Newspaper on Thursday, 2nd June 2016
#Investment;
Jigawa $600m investment in 1yr
Jigawa State governor, Badaru Abubakar, said his
administration attracted over $600 million private investment since its
inception in May 29. Badaru, who spoke yesterday in Jigawa at the 53rd
Annual general meeting (AGM) of the Nigerian Association of Chamber of
Commerce, Industry, Mines and Agriculture (NACCIMA), said substantial portion
of the investment was directed to agricultural value chain development in rice
and sugar cultivation and sugar refinery among others.
Published
by the Daily Trust Newspaper on Thursday, 2nd June 2016
#Power: FG
bans mass disconnection of electricity customers
The Nigerian Electricity Regulatory Commission (NERC) said it
has banned the mass disconnection of electricity debtors by the 11 distribution
companies (Discos) just as the firms said they are only cutting off long-term
debtors. NERC in a publication yesterday said it learnt of mass disconnection
of electricity supply to communities, villages and estates by the Discos based
on the non-payment of electricity bills.
Published
by the Daily Trust Newspaper on Thursday, 2nd June 2016
#Power: FG
urged to adopt 240mw micro-grid model in LGs
The federal Government has been urged to adopt a new power
distribution model that will curb the frequent power failures by gradually
building 240 megawatts (mw) micro grids across the 774 local governments in the
country.
Published
by the Daily Trust Newspaper on Thursday, 2nd June 2016
#Philanthropy:
Egyptian Embassy donates relief materials to IDPs in Abuja
The Egyptian Embassy has donated relief materials to the Internally
Displaced Persons (IDPs) Durumi camp located in Area 1, Abuja. The Egyptian
Ambassador, Ashraf Salama, said the donation was the fulfilment of Sheikh
El-Tayeb’s promise which he made to the IDPs during his visit to the camp a
fortnight ago.
Published
by the Daily Trust Newspaper on Thursday, 2nd June 2016
#CSR: NECO
provides water to host communities
The National Examination Council NECO headquarters in Minna,
Niger State, has donated two boreholes and learning materials to the Gidan
Mangoro and Gbaganako communities in Chanchaga Local government areas of Niger
state. While commissioning the boreholes, Professor Abdulrashid Garba, said
they were drilled to alleviate the problems of water shortage.
Published
by the Daily Trust Newspaper on Thursday, 2nd June 2016
#Philanthropy:
ASUU gives relief supplies to displaced families
Academic Staff Union of Universities has donated relief items
worth N10 million to displaced families in insurgency ravaged Borno state. The donation
was done in Dikwa, Mafa, Jere, Kalabalge, Konduga, Ngala, Bama and Muna camps
in the state.
Published
by the Daily Trust Newspaper on Thursday, 2nd June 2016
#Philanthropy:
Kadpoly students donate 1m books
The Kaduna Polytechnic Entrepreneurship in Action and Us
(ENACTUS) team said it will donate over one million copies of textbooks to
internally displaced students in the North eastern part of the country which is
being ravaged by the Boko Haram insurgency.
Published
by the Daily Trust Newspaper on Thursday, 2nd June 2016
#Oil: Osinbajo
kicks off clean-up of Ogoniland, warns against oil theft
After years of delay, Vice President Yemi Osinbajo yesterday launched
the implementation of the United Nations Environment Programme (UNEP) report on
the clean-up of Ogoniland and impacted areas of the Niger Delta, but warned
that the federal government would no longer tolerate oil theft and illegal
refineries in the region.
Published
by the This Day Newspaper on Friday, 3rd June 2016
#Oil:
Nigeria’s oil output rises to 1.6mbpd, Barkindo appointed OPEC Secretary-General
Nigeria’s crude oil production has climbed to 1.6 million
barrel per day (mbpd), following repairs on some of the oil and gas
installations damaged by militant groups in the Niger Delta, the Minister of
State for Petroleum Resources, Dr Ibe Kachikwu, disclosed yesterday.
Published
by the This Day Newspaper on Friday, 3rd June 2016
#Education:
FG scraps Post-UTME over admission irregularities
Following several irregularities and distortion associated
with the conduct of Post Unified Tertiary Matriculation Examination
(post-UTME), the federal government yesterday said plans are underway to scrap
the examination.
Published
by the This Day Newspaper on Friday, 3rd June 2016
#Economy: FG,
Labour talks on minimum wage, palliatives cordial, says Ngige
The Minister of Labour and Employment, Dr Chris Ngige, has
described the parley of the technical committee that was inaugurated yesterday
on the national minimum wage, the implementation of N500 billion palliatives
and the reconstitution of the Board of Petroleum Products Pricing Regulatory
Agency (PPPRA) which is to look at the template to determine the fixing of the
price of petrol as very positive.
Published
by the This Day Newspaper on Friday, 3rd June 2016
#CSR: NOUN
waives tuition fees for prisoners
The National Open University (NOUN) has waived tuition fees
for inmates of prisons in Nigeria. The Vice-Chancellor of NOUN, Professor
Abdalla Uba Adamu, said the decision to waive the tuition fees for the prisoners
was the university’s quest to fulfil its Corporate Social Responsibility as
well as shortage of sponsorship offers for inmates.
Published
by the This Day Newspaper on Friday, 3rd June 2016
#Economy:
Report- Nigeria’s manufacturing at 10% of GDP is below average of sub-Saharan
Africa
A new report by the Overseas Development Institutes (ODI),
has found that share of manufacturing in Gross Domestic Product in Nigeria at
10%, is below any reasonable comparators. The report stressed that the
business-as-usual attitude of government and private individuals will not
safeguard productive jobs for the future, and will not in addition reduce poverty
significantly, adding that efforts to achieve economic transformation in
Nigeria require a completely different approach.
Published
by the This Day Newspaper on Friday, 3rd June 2016
#IndustryPulse:
AMJON inaugurates new EXCOs, BoT
In a bid to chart a new course in maritime journalism,
Maritime Journalists Association of Nigeria (AMJON), the new umbrella body of
all maritime journalists has inaugurated a new executive body and Board of
Trustees (BoT) to take the sector to another level in maritime reportage.
Published
by the This Day Newspaper on Friday, 3rd June 2016
#MSMEs:
Lagos restates commitment to SMEs
The Deputy Governor of Lagos State, Dr Idiat Oluranti
Adebule, has expressed the commitment of the state to promote the growth of
small medium scale enterprises (SMEs). This, she said, followed the recent
inauguration on N25billion Employment Trust Fund (ETF) aimed at encouraging
developing artisans and entrepreneurs in the state.
Published
by the This Day Newspaper on Friday, 3rd June 2016
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