Nigerians 🇳🇬Return From Libya –NEMA*
The National Emergency Management Agency has received another batch of 121 stranded Nigerians from Libya. Mr Segun Afolayan, Acting Zonal Coordinator, NEMA, South West Zone, who confirmed this Friday in Lagos, urged the returnees to make good use of the second chance offered to them by God by forging ahead and making positive contributions to the development of the nation.
Afolayan said the Nigerians arrived at the Cargo Wing of the Murtala Muhammed International Airport, Lagos at 9.15pm on Thursday aboard a chartered Al-Buraq aircraft and were received by NEMA and other government agencies.
He said the returnees were assisted back home by the International Organisation for Migration under its Assisted Voluntary Return Programme. Afolayan said the returnees were made up of 29 females, five children and four infants.
Others, he said, included 75 male adults, two male children and six male infants, adding that the returnees were brought back from three volatile cities in Libya- Sabha, Bram Alshati and Oubari.
To read full article - http://v.duta.us/TGDexQAA
*Sanusi Laments🔊: We Have No 🙅♂Money💸 for Power or Infrastructure, but We Have for Subsidy*
The Emir of Kano, HRH Muhammadu Sanusi Sanusi 11 (CON), says the Nigerian government must get rid of petroleum subsidies and think more about investing in power and infrastructure, otherwise,e the crisis to come in the future will be far heavier than the current state of the country.
The former Central Bank of Nigeria (CBN) Governor said this on Thursday during a courtesy call on Udom Emmanuel, Governor of the state, in his office in Uyo, capital of the state.
He also acknowledged Akwa Ibom as a very peaceful state and has recommended it as a safe haven for investors into the country. Sanusi announced plans by his company, Qua Iboe Power Plant (QIPP), to invest $1.1billion in the exploration of gas in Akwa Ibom State. A statement by the Governor’s media team explained that Sanusi was full of commendation to the Governor for the giant strides so far recorded by his administration.
To read full article - http://v.duta.us/TSGrHgAA
*Name of APC Candidate for 👉Imo Governorship Missing From INEC's List 📄*
After the release of the names of governorship candidates in Imo State by the Independent National Electoral Commission (INEC) on Friday, it was observed that the All Progressives Congress (APC) candidate was not represented on the list even though that of the Peoples Democratic Party (PDP), Emeka Ihedioha, former Deputy Speaker of the House of Representatives, and others were spotted.
INEC published the names of 67 governorship candidates along with their running mates at its office in Owerri, the state capital. This also includes their credentials and personal details.
A source informed our correspondent that the court stopped the Commission from recognising either Uche Nwosu or Hope Uzodinma, as they were both battling within the party over who should become its candidate. Uzodinma was proclaimed the winner of the October 1, which allegedly did not hold, while Nwosu was declared the winner of the October 6 APC governorship primary.
Some of the other names on the list are Linus Okorie of the Young Progressives Party (YPA), Alloysius Osuji of Mass Action Joint Alliance MAJA) and Micheal Ikoku of the Young Democratic Party (YDP).
To read full article - http://v.duta.us/09ubhwAA
*Nigeria🇳🇬 Servicing Debt With 👉More Than 50% Revenue – 🔊IMF*
The International Monetary Fund on Thursday painted the precarious situation of the nation’s economy in particular and Sub-Saharan Africa’s, in general, going by how much the country and the region spend on debt servicing.
According to the Breton Woods financial institution, Nigeria spends more than 50 per cent of its revenues on servicing debts, a situation that does not give room for other necessary expenses.
Speaking at the presentation of the Regional Economic Outlook for Sub-Saharan Africa – Capital Flows and the Future of Work in Abuja on Thursday, Senior Resident Representative and Mission Chief for Nigeria, African Department, Amine Mati, put Nigeria’s growth rate for 2018 at 1.9 per cent.
Mati said that although Nigeria’s debt to Gross Domestic Product remained low at between 20 and 25 per cent, the country spent a high proportion of its revenue on debt servicing as a result of low revenue generation.
To read full article - http://v.duta.us/KxEoPgAA
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