YouTube The former governor of the Central Bank of Nigeria, CBN, Professor Charles Chukwuma Soludo, at the weekend in Awka, narrated how he received 19 written threats on his life following his decision to embark on banking consolidation in Nigeria in 2004 when he became the boss of the nation’s apex bank. In an interview, Soludo also recalled attempts made to kidnap his children at Offa, Kwara State where they were at the time because many people felt threatened by the policy. He said: “I am a very impatient person to see change happen and I am passionate in anything I focus on. When I was the chief economic adviser to President Olusegun Obasanjo, and the tenure of the former CBN governor ended and I came in. within one month, I announced a 13 – point agenda for banking consolidation. “At...
The DRC’s President Félix Tshisekedi has now taken over the helm of the African Union to serve as the chairman for one-year. He replaces his South African counterpart Cyril Ramaphosa, following the AU’s 34th summit on Saturday. But Tshisekedi faces big challenges this year with the coronavirus pandemic hitting health service and economies hard. The continent has so far been hit less hard than other regions, recording 3.5 percent of global virus cases and 4 percent of global deaths, according to the Africa Centres for Disease Control and Prevention (Africa CDC). But many African countries are battling damaging second waves while straining to procure sufficient vaccine doses. African leaders are speaking out against hoarding by rich countries at the expense of poorer ones. “There is a vaccin...
Uganda’s long-time leader Yoweri Museveni held a commanding lead in a presidential election according to partial results on Saturday morning, with final results expected later in the day, though his main rival Bobi Wine alleged widespread fraud. With ballots from 86% of polling stations counted, Museveni had won 5.3 million, or 58.8%, while main opposition candidate Wine had 3.1 million votes (34.6%), the electoral commission said just after 9 a.m. (0600 GMT). The government ordered the internet to be shut down the day before voting on Thursday, and the blackout was still in place. Wine, 38, had galvanised young Ugandans with his calls for political change after 35 years of Museveni, 76, ruling the country. The run-up to the election was more violent than in previous polls. Security forces...
South Africa on Tuesday assumed the rotating monthly presidency of the United Nations Security Council. During the month, South Africa will focus on strengthening the cooperation between African Union (AU) and United Nations, and emphasising the importance of a proactive approach to the maintenance of international peace and security, particularly in the form of drawing greater attention to “preventative diplomacy mechanisms,” Jerry Matjila, permanent representative of South Africa to the UN and president of the Security Council for the month of December, told journalists during a hybrid press briefing at the UN headquarters in New York. This is South Africa’s second presidency during its two-year (2019-2020) elected term on the council. December will also be the country’s final month on t...
The United Nations has commended Africa for its exceptional management of the COVID-19 pandemic with record low incidences and deaths. The President of the United Nations General Assembly (UNGA), Amb. Tijjani Muhammad-Bande, said this yesterday while addressing a virtual press conference, adding that the developing countries have done better than developed countries as regards the management of the pandemic. COVID-19 has spread rapidly and extensively to most countries in the world, resulting in considerable mortality in Europe and the United States, as well as in numerous upper-middle-income countries in South America and Asia. Experts predicted millions of COVID-19 deaths in Africa because many countries in the continent rank poorly on the United Nations Development Programme’s Human Dev...