countries
UNESCO exhibit in Venice focuses on rebuilding Mosul sites
The United Nations’ cultural agency has opened an exhibit detailing plans to restore multicultural landmarks in the Iraqi city of Mosul, underlining the role of architecture in helping heal wounds. The exhibit, “Revive the Spirit of Mosul,” will be featured on the sidelines of the 17th International Architecture Exhibition, which opened Saturday after a one-year pandemic delay under the title: “How will we live together?” The Venice Biennale’s central question resonates in particular in Iraq, which is experiencing turbulent change, and the old city of Mosul, where 80% of the city’s monuments were destroyed by extremists during the city’s 36-month occupation by the Islamic State group. Iraq is one of three countries participating for the first time at the Biennale, with an exhibit by Rashad...
WTO chief: Patent waiver not enough to close vaccine gap
World Trade Organisation (WTO) Director-General, Dr. Ngozi Okonjo-Iweala, has said that intellectual property waiver alone will not be enough to narrow the huge COVID-19 vaccine supply gap between rich and poor countries. She told the European Parliament that it was clear that discussions around vaccine patents alone would not suffice, saying that global leaders should do more to ensure that there is equitable production and distribution of the jabs. Okonjo-Iweala said developing countries had complained that the licensing process was cumbersome and should be improved upon. She added that while it makes sense to protect research and innovation, it is also important to expand access to the vaccines. According to her, manufacturers should work to expand production, pointing to idle capacity ...
CISLAC raises concerns over Nigeria’s debt profile, coronavirus accountability
The Civil Society Legislative Advocacy Centre (CISLAC), has expressed concerns over $2.18 billion foreign loan request to the Nigerian Senate to fund the 2021 Appropriations Act, by President Muhammadu Buhari. It has therefore urged the National Assembly to insist on an analysis of debt repayment strategy to be in place as its key priority to approvals. In a statement by Executive Director, CISLAC and Head of Transparency International – Nigeria, Auwal Ibrahim Musa Rafsanjani, he said national public finance management regime is meant to save the nation’s economic system from collapse: rescuing jobs, supporting livelihoods and bailing out many businesses on the brink. He warned the government to avoid the catastrophe that the international finance institutions forced on Greece: destroying ...
NFF’s FIFA match agent celebrates Nigeria proposed friendly with Mexico
NFF’s FIFA Match Agent, Jairo Pachon of Eurodata Sport, is excited that Nigeria will be playing Mexico in a friendly international on July 3 in the United States. “We are happy to be able to announce this match, which is a clash between two very big teams from two different continents. Mexico against Nigeria is a big match any day and the venue is class,” he said. The two teams will announce their squads for the match sometimes in June. Mexico will play three other games before the clash with Nigeria, as part of their MexTour series. Three-time African champions Nigeria will clash with CONCACAF Gold Cup holders Mexico in a friendly at the famous Los Angeles Memorial Coliseum in the State of California, United States of America. The match, which kicks off at 7.30pm LA time will be the sixth...
France, African leaders push to redirect $100 billion in IMF SDR reserves by October
French President Emmanuel Macron said on Tuesday a summit in Paris on Africa financing had agreed to work towards persuading rich nations by October to reallocate $100 billion in IMF special drawing rights monetary reserves to African states. Impoverished African economies must not be left behind in the post-pandemic economic recovery and a substantial financial package is needed to provide much-needed economic stimulus, African and European leaders concluded at a summit in Paris. In the immediate term, that meant accelerating the COVID-19 vaccine rollout and creating the fiscal breathing room for African nations, which will face a spending shortfall of some $285 billion over the next two years, the summit communique showed. The communique set out a two-pronged response based on addressing...
NNPC selects 26 firms to lift Nigeria’s crude oil
The Nigerian National Petroleum Corporation (NNPC) has picked 26 foreign and local companies as well as 12 countries to lift the country’s crude oil for the next two years. The crude term contracts, expected to run from 2021 through 2023, would see the firms and the selected nations, which would operate on a Government-to-Government (G2G) basis to purchase the commodity from the national oil company. The deal is coming less than a week after the corporation chose 16 oil and gas consortia for its new crude-for-fuel swap contracts for one year starting in August. The contracts, known as Direct Sale, Direct Purchase (DSDP) are high-stakes agreements used to supply nearly all of Nigeria’s petrol needs as well as cover some of its diesel and jet fuel consumption. However, in the fresh crude oil...
Ex-US envoy: British museum holds over 700 pieces of Benin bronzes
The British Museum, the world’s first national public museum, currently holds 700 pieces of the Benin Bronzes collection, more than any other museum and other institutions globally, a former United States Ambassador to Nigeria, Dr. John Campbell has said. Campbell, however, acknowledged that the authorities of the British Museum had agreed “to return the Benin Bronzes collection once the Edo Museum of West African Art, currently under construction in Benin City is completed.” He gave this figure in a blog post titled “Germany to Return Some African Art to Nigeria” published on the website of Council for Foreign Relations (CFR), a US non-profit think-tank specialising in international affairs on Wednesday. More than a century after British soldiers looted a collection of priceless artifacts...
Nigerian farmers raise alarm as insecurity threatens food availability
Some concerned parties in the agriculture sector have appealed to the federal government to intensify efforts in curbing banditry, kidnapping and terrorism, as these can threaten food security. The parties made the appeal in separate interviews with newsmen on Friday in Abuja. They noted that the recent increase in kidnapping and banditry had made a lot of farmers run from their farmlands in search of safe hideouts. The Executive Secretary, National Agricultural Land Development Authority (NALDA), Paul Ikonne, said there was a need to urgently address the insecurity challenges in the country in order to overcome the challenge of food shortage. Ikonne noted that dialogue remained critical in addressing issues of insecurity and herders, adding that a peaceful dialogue between farmers and her...
World Bank: Nigeria responsible for over 40 percent diaspora remittances in Sub Saharan Africa
The World Bank says Nigeria is responsible for over 40 percent of diaspora remittances in Sub Saharan Africa (SSA). In a statement on Wednesday, the Washington-based financial institution said remittances to SSA declined by an estimated 12.5 percent in 2020 to $42 billion. The decline was almost entirely due to a 27.7 percent decline in remittance flows to Nigeria, “Remittances to Sub-Saharan Africa declined by an estimated 12.5 percent in 2020 to $42 billion,” the statement read. “The decline was almost entirely due to a 27.7 percent decline in remittance flows to Nigeria, which alone accounted for over 40 percent of remittance flows to the region. “Excluding Nigeria, remittance flows to Sub-Saharan African increased by 2.3 percent. “Remittance growth was reported in Zambia (37 percent), ...
VP Osinbajo: Nigerian government democratising broadband connectivity
It’s the first in sub-Saharan Africa and one of the three such cutting-edge facilities on the continent, with top prime global certifications for smart card manufacturing and it is based in Lagos, Vice President Yemi Osinbajo, SAN, relished yesterday afternoon while touring SecureID company’s premises, and affirmed Nigeria’s extremely bright economic future, which he said cannot be aborted despite current challenges. According to him, “the economic future of our nation is extremely bright. Yes, we have challenges today and they may look daunting. But let me assure you that these issues will be resolved. The march of this nation to its manifest destiny as Africa’s leading economic power will not be aborted. We are more than able to overcome.” An impressed Prof. Osinbajo said the Buhari Admi...
Taiwan says China seeking political gain with Honduras vaccine move
Taiwan condemned China on Wednesday for seeking to use vaccines for political gain after Taipei’s diplomatic ally Honduras said it was considering opening an office in China in a bid to acquire much needed COVID-19 shots. Honduras does not have formal relations with China and is one of a group of Latin American nations that have formal diplomatic ties with Taiwan, which Beijing considers part of its territory. Honduran President Juan Orlando Hernandez said that to buy Chinese vaccines, he would do as the Chinese had suggested and look for a “diplomatic bridge”. read more Several Latin American nations are receiving Chinese vaccines, but countries that have built ties with Taipei rather than Beijing, such as Honduras and Guatemala, are not. Taiwan Foreign Ministry spokeswoman Joanne Ou said...
VP Osinbajo to represent Nigeria at Ugandan presidential inauguration
Vice President Yemi Osinbajo will represent Nigeria at the sixth inauguration of President Yoweri Museveni of Uganda. Laolu Akande, Senior Special Assistant to the President on Media and Publicity, Office of the Vice President, disclosed this in a statement on Tuesday in Abuja. Osinbajo will be joining several other heads of state and government at the swearing-in ceremony scheduled for May 12, at Kololo Independence Grounds in Kampala, Uganda. Nigeria and Uganda share historical antecedents and enjoy good diplomatic relationships, including working together as member-states of the Commonwealth, the African Union, and the United Nations among others. Both countries have signed Bilateral Agreements on Technical Aid Corps, Trade, and on Economic, Scientific and Technical Cooperation. The vic...
