...International Journal of Humanities and Social Science Vol. 5, No. 2; February 2015 Assessment of National Poverty Reduction Programmes in Nigeria: A Study of National Poverty Eradication Programme (Napep) Ebonyi State Onwe, Sunday Onwe (Ph.D, Fcai) Nwakamma Michael Chibuzor Department of Public Administration Ebonyi State University Abakaliki Nigeria Abstract The paper sought to assess the National Poverty Reduction Programmes in Nigeria with specific focus on NAPEP Ebonyi State. The study became imperative based on the debilitating effects of poverty which often manifests in loss of hope, aspirations, malnutrition and sometimes sudden death. The startling 69% national poverty level and 73.6% rate in Ebonyi state is a clear indication that poverty is still very high in Nigeria. The study therefore evaluated NAPEP’s performance in the area of human capital development, infrastructure facilities, access to safe drinking water, sanitation and access to basic education which are some of the parameters for measuring poverty level. A descriptive survey design was adopted with a sample population of 400 which spread across the six local governments studied. The major instrument for data collection was a structured questionnaire, which was distributed to the respondents and a total number of 380 questionnaire were duly filled and returned representing 95% of the sample population. The data collected was analyzed with statistical tables, percentage calculations...
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...CONTE N T S CHAI R M A N ’ S LETTE R DEAR SH AREH OL DERS FY2012 has been a good year for your Company. The key financial results were: ¥ Consolidated revenues increased by 30% to Rs. 96.7 billion in FY2012. ¥ Earnings before interest, taxes, depreciation and amortization (EBITDA)1 rose by 55% to Rs. 25.4 billion. ¥ Profit after Tax (PAT)2 grew by 45% to Rs. 15.3 billion. ¥ Diluted Earnings per Share (EPS) increased from Rs. 64.9 in FY2011 to Rs. 83.8 in FY2012. I am particularly delighted by four developments. First, your Company succeeded in yet another blockbuster generic launch in the USA under 180days marketing exclusivity. Dr. Reddy’s launched olanzapine 20 mg tablets, the generic version of the brand Zyprexa®. Olanzapine is used to treat schizophrenia and bipolar disorder. This product has added around USD 100 million to your Company’s revenues for FY2012. Second, the biosimilars business continues along its impressive growth path. In my letter to you last year, I had discussed the critical importance of developing biosimilars in the years to come. I am happy to note that your Company’s global biosimilars business grew by 45% over last year and recorded sales of USD 26 million. Today, the biosimilars portfolio of Dr. Reddy’s constitutes (i) filgrastim, (ii) peg-filgrastim, (iii) rituximab and (iv) darbepoetin alfa, which have commercial presence in 13 countries among emerging markets. These are helping to treat patients suffering from cancer — and at prices that...
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