October 2019

Nigeria Budgets For Inefficient Monopolies – Wale Oluwo

Nigeria Budgets For Inefficient Monopolies – Wale Oluwo

Olawale Oluwo is a former Lagos State Commissioner for Energy and Mineral Resources who resigned his appointment at the tail end of the Lagos State Governor, Akinwumi Ambode tenure.

Oluwo, who was the speaker at the Afang Summit held recently in Lagos, a monthly gathering of men and women from all sectors of the economy organised by a Lagos based Investment Banker, Joseph Edgar, said among other things that the current Nigeria economy reality cannot drive the country to an enviable destination, that until the Nigerian government hands off sectors of the economy it has no business going into, the …

Mike Pompeo Lauds Morocco On Credible Regional Security

Mike Pompeo Lauds Morocco On Credible Regional Security

Morocco is a stable partner and credible provider of security at the regional level, said US Secretary of State Mike Pompeo, who co-chaired Tuesday in Washington, DC., with the Moroccan Minister of Foreign Affairs, African Cooperation and Moroccan Expatriates, Nasser Bourita, the fourth session of the Strategic Dialogue between Morocco and the United States.

In a joint statement issued at the end of this session of the U.S.-Morocco Strategic Dialogue held at the headquarters of the State Department, the two ministers welcomed the convening of the African Lion, Lightning Handshake and Epic Guardian joint military exercises.

They also “discussed the …

Indonesian President Widodo Makes Rival Defence Minister

Indonesian President Widodo Makes Rival Defence Minister

Indonesian President Joko Widodo Wednesday named his election arch-rival — a former general accused of abuses — as defence minister, a move which dismayed human rights activists.

Widodo unveiled his new cabinet at an informal presentation with more than three dozen new ministers in eye-catching batik shirts sat in front of the imposing neoclassical columns of the Merdeka Palace.

Widodo, popularly known as Jokowi, beat Prabowo Subianto in April elections to secure another term as president of the world’s third-biggest democracy.

His victory followed a bitter campaign plagued by mudslinging, fake news online and claims from Subianto that the government …

In Iraqi Refugee Camp, Syrian Kurds Curse Trump And Erdogan

In Iraqi Refugee Camp, Syrian Kurds Curse Trump And Erdogan

“May God avenge us against Trump and Erdogan” is a common refrain among the thousands of Syrian Kurds who have taken refuge in Iraq since Turkey’s assault on their homes.The numbers, which aid workers say have reached more than 7,500 since Turkish forces and allied militiamen launched the offensive on October 9, is increasing by the hundreds on a daily basis.

They have been crossing to Bardarach inside neighbouring Iraqi Kurdistan to a tent camp previously used to shelter Iraqis fleeing the Islamic State group.

The US-led coalition which backed the Syrian Kurds in defeating IS “has betrayed us and

Mali President On The Ropes As Jihadist Revolt Mounts

Mali President On The Ropes As Jihadist Revolt Mounts

Malian President Ibrahim Boubacar Keita has few strong cards left to play as he seeks to roll back a jihadist insurgency and mounting public discontent.

Thousands of civilians and soldiers have died since armed Islamists began their revolt in northern Mali in 2012 — a campaign that has spread to the country’s volatile centre and to neighbouring Burkina Faso.

The failure of Mali’s poorly-equipped and the demoralised military is now sparking an outcry, shaking confidence in Keita’s government.

Relatives of dozens of troops killed in twin attacks in central Mali took to the streets on October 2 to accuse the …

Buhari Congratulates Canadian PM Justin On Election Victory

Buhari Congratulates Canadian PM Justin On Election Victory

President Muhammadu Buhari has congratulated Canadian Prime Minister Justin Trudeau on his election victory, noting with delight that Canada remains Nigeria’s major trading partner, with Nigeria-Canada trade totaling $948.4 million in 2018.

The President also felicitated with the Liberal Party of Canada and Canadians generally on the outcome of the federal election in the country.

“I look forward to continued relationship with Prime Minister Trudeau across a wide range of shared values and interests,’’ he said.

President Buhari recalled that the visit of Right Honourable Julie Payette, Gov. Gen. of Canada, to Nigeria in Oct. 2018, provided an opportunity for …

Finance Minister: Nigeria Has Revenue Issue Not Debt Crisis

Finance Minister: Nigeria Has Revenue Issue Not Debt Crisis

Minister of Finance, Zainab Ahmed, has said that contrary to speculations,  the country is not in debt crisis, but admitted that it has revenue generation problem.
Ahmed disclosed this Wednesday while speaking on the proposed 2020 budget at the National Assembly public hearing on the budget.
She said that the federal government had heard repeatedly that Nigeria was inching towards a debt crisis, but noted the federal government had also consistently said that Nigeria does not have a debt crisis as the total borrowing rate of the county was under 50 percent of the GDP.
Ahmed stated: “What we
Court Halts Fayemi’s Decision To Relocate LG Headquarters

Court Halts Fayemi’s Decision To Relocate LG Headquarters

A High Court sitting in Ado Ekiti, the Ekiti State capital, on Wednesday halted the proclamation made by the state government to relocate the headquarters of Ilejemeje Local Government from Iye Ekiti to Eda-Oniyo Ekiti.

Addressing journalists on Monday, the Deputy Governor, Chief Bisi Egbeyemi, announced the relocation of the headquarters to Eda-Oniyo predicating this on the December 14, 2018 judgment of the Supreme Court.

Ruling on the application by the claimant (Iye Ekiti) on Wednesday, the presiding judge, Justice Abiodun Adesodun, said: “The first and second respondents should have waited for determination of the suit before the court …

Nigeria Will Make Telecoms Services Competitive For MTN

Nigeria Will Make Telecoms Services Competitive For MTN

Nigerian regulators warned they may have to take action to boost competition in the telecommunications industry, a move that could affect international operators including market leader MTN Group Ltd.

While a formal inquiry isn’t underway, authorities are focusing on ownership of data services and infrastructure in Africa’s most populous nation, Babatunde Irukera, executive vice chairman of the Federal Competition & Consumer Protection Commission, said in an interview.

“We are slicing it a little slimmer than who has the most subscribers. We are looking more at data capability and data infrastructure,” he said in Abuja, Nigeria’s capital. “Early indications show …

Morata Goal Helps Atletico Madrid To Beat Bayer Leverkusen

Morata Goal Helps Atletico Madrid To Beat Bayer Leverkusen

Atletico Madrid substitute Alvaro Morata scored a late second-half header to give his team a 1-0 victory over Bayer Leverkusen on Tuesday.

The win sent them top of their UEFA Champions League Group D.

In a game of few chances and many mistakes, neither team came close to breaking the deadlock before Morata scored.

He did this with a powerful downward header from a Renan Lodi cross in the 78th minute.

The goal gave the hosts a major boost for a top-two finish and a spot in the knockout stages.

The Spaniards, unbeaten now in three group games, are on …

British PM Target Election As EU Mulls Brexit Extension

British PM Target Election As EU Mulls Brexit Extension

British Prime Minister Boris Johnson could pivot towards a general election as the EU mulls granting a Brexit deadline extension on Wednesday, after a fresh twist to the divorce saga cast doubt over his hopes of leaving on October 31.

Intense parliamentary votes on Tuesday, Johnson won initial backing for the divorce deal he agreed with the EU — but MPs then rejected his timetable to rush it through parliament in a matter of days.

Following that setback, Johnson said he would halt the ratification process while European Union leaders consult on a delay — which MPs had forced him …

Always Sanitary Product To Consider Transgender Customers

Always Sanitary Product To Consider Transgender Customers

Always Sanitary Product will remove the Venus symbol, a symbolism for feminity, from their products so they can include transgender and nonbinary customers.

This decision will materialise from next year 2020. However, the specific date has not been ascertained.

As reported by CNN,

transgender activists and allies had publicly urged Procter & Gamble to redesign its pad wrapper without the gender symbol, a circle atop a cross. Among their arguments were that not all people who menstruate are women and that not all women menstruate.

There have been different moves to ensure transgender equality as the debates take shape in …