inequality
South Africa gems that sparked rush are quartz not diamonds
The South African government says that stones found in a village last month are not diamonds but quartz. A cattle herder first uncovered the stones in KwaZulu-Natal province. It prompted thousands to rush to KwaHlathi village, more than 300km (186 miles) south-east of Johannesburg. But after conducting tests, officials have said the stones are quartz crystals, which are far less valuable. After feldspar, quartz is the most abundant mineral in the Earth’s crust. “The tests conducted conclusively revealed that the stones discovered in the area are not diamonds,” a local government statement reportedly said. The rush occurred in one of South Africa’s poorest regions. The country – which already suffers from high levels of economic inequality – has seen a surge in joblessness amid the ongoing ...
SERAP urges President Buhari to tell Nigerians spending plan for James Ibori loot, others
The Socio-Economic Rights and Accountability Project (SERAP) has urged President Muhammadu Buhari to “urgently direct Mrs Zainab Ahmed, Minister of Finance, Budget and National Planning to disclose spending details of the $700 million looted funds reportedly recovered by the Federal Government in the past four years, including the list and location of projects completed with the money, as well as details of the contractors that executed the projects.” SERAP also urged him to “direct Mrs Ahmed to disclose how the government plans to spend the returned £4.2m Ibori loot, including details of planned capital expenditure, and whether there is any plan to ensure that the money and any future returned Ibori loot would be spent to achieve justice and effective remedies for victims of corruption in...
Chadian rebels, government forces clash in area where slain leader was shot
Government troops and rebels clashed on Thursday in a region of western Chad where president Idriss Deby Itno was killed earlier this month. The fight in the desert region of Kanem, near Chad’s border with Niger, pits Libya-based rebels against forces loyal to a new military junta led by Deby’s son. Fiercely criticised for authoritarianism and inequality, Deby was seen as a trusty ally by many Western countries including the former colonial power France. He was seen as a stabilising force in the fight against jihadism in the wider Sahel region on the southern fringes of the Sahara desert. “Fighting is continuing in Kanem — we are going to have continue to fight, otherwise they will destabilise us,” junta spokesman General Azem Bermandoa Agouna told AFP. The Military Transition Council (CMT...
Akwa Ibom wins CIRDDOC 2020 best budget transparency award
In a move that gives credence and endorsement of the commitment of the Udom Emmanuel led administration in ensuring openness, transparency and accountability in budgeting and governance, the Akwa Ibom State Government has been ranked one of the best performing states in the 2020 sub-National Budget Transparency Survey. The survey which was conducted by the Civil Resource Development and Documentation Centre (CIRDDOC) to ascertain the level of budget performance by states of the federation revealed that Akwa Ibom and four other states topped the budget performance index for the year, 2020. The Nigerian States Budget Transparency Survey Report also revealed that Akwa Ibom and some other Nigerian States have significantly improved budget transparency and participation, and has improved the ro...
UN projects Nigeria’s GDP to expand by 1.5 percent
Nigeria’s gross domestic product (GDP) is projected to expand by 1.5 per cent this year, after a contraction of 3.5 per cent in 2020, a United Nations (UN) report said on Wednesday. In the latest World Economic Situation and Prospects report, the UN noted, that tighter foreign exchange (forex) liquidity, mounting inflationary pressures and subdued domestic demand clouded the medium-term outlook. Although last year, the global economy shrank by 4.3 per cent, this year’s projected recovery of 4.7 per cent will barely offset the losses of 2020, according to the report. The World Economic Situation and Prospects 2021 is a report produced by the UN Department of Economic and Social Affairs (DESA), in partnership with the UN Conference on Trade and Development (UNCTAD), and the five UN regional ...
WTO chief: ‘Safe Schools Initiative’ to stop abduction of students
The Director-General of the World Trade Organization (WTO), Dr Ngozi Okonjo-Iweala, on Wednesday expressed hope that the ‘Safe Schools Initiative’ will help stop the incessant abduction of students across Nigeria. Nigerian women on Wednesday came out en masse to welcome Okonjo-Iweala in her first homecoming since she became the director-general of WTO, during a visit to the Ministry of Women Affairs in Abuja. Addressing the crowd which included Senators and members of the National Assembly, former Ministers, wives of former governors, women in the Armed Forces, women societies, female political aspirants, Civil Society Organisations, as well as students, Okonjo-Iweala expressed deep concern about the incessant abduction of girls and boys in schools. The WTO boss who noted that it is shamef...
Charles Udeogaranya: Ndigbo Republic may emerge if South-East fails to produce president in 2023
A Presidential aspirant of the All Progressives Congress, APC, in 2019, Chief Charles Udeogaranya, has said that the way things are going in Nigeria, Ndigbo Republic may emerge instead of Biafra. According to him, “if after 50 years of Nigeria/Biafra civil war and political power brokers do not find it expediently urgent to close this monumental gap of inequality by giving a sense of belonging to the South-East region of Nigeria, then Ndigbo Republic (NR) is inevitable and I will lead the struggle of its actualisation.” Udeogaranya said that Ndigbo remains more Nigerian than any other Nigerian ethnic group and will always play their big brother role of pan-Africanism. Ndigbo, he said wants the best for the Yoruba nation, Hausa nation, Fulani nation, Ijaw nation and every other nationality ...
Ex-VP Namadi Sambo advocates shift in Nigerian educational system
Reuters Former Vice President Namadi Sambo has advocated for a dynamic approach of the Nigerian educational system to produce employees with skills and ability to handle complex jobs and create opportunities for others. Sambo made the call in his goodwill message at the 22nd Matriculation of Igbinedion University, Okada, on Saturday in Edo. The former vice president noted that it was the best time for the country to refocus from one size-fits-all approach that creates employees that are not fit for complex jobs. According to him, Nigerian universities must refocus on building of graduates that will create and end poverty among the people and ultimately close the wide social inequality and promote social coefficient in the communities. “As a nation, we must focus our educational system to o...
Why coronavirus will not be last pandemic – UN report
United Nations The Coronavirus (COVID-19) pandemic, the latest crisis facing the world, will not be the last until humans release their grip on nature, says a new UN report published on Tuesday. According to the report titled “The Next Frontier: Human Development and the Anthropocene,” world leaders need to take bold steps to reduce the immense pressure that is being exerted on the environment and the natural world, or humanity’s progress will stall. “Humans wield more power over the planet than ever before. Redefining issues of our time “In the wake of COVID-19, record-breaking temperatures and spiraling inequality, it is time to use that power to redefine what we mean by progress, where our carbon and consumption footprints are no longer hidden,” said Achim Steiner, the Administrator of ...
Joe Biden picks diverse team of top economic advisers
President-elect Joe Biden named former Federal Reserve Chair Janet Yellen as his Treasury secretary nominee on Monday, and named three women to other top economic posts, setting the stage for a more diverse White House. While Biden’s transition to the presidency on Jan. 20 appeared to be hitting its stride, he himself was hobbling after fracturing his foot while playing with his dog on Saturday and will wear a protective boot for several weeks, his doctors said. The incoming administration has been hampered for weeks by Republican President Donald Trump, who has refused to concede to Biden, a Democrat. Trump has said without providing evidence that the Nov. 3 vote was fraudulent, claims that state and federal election officials have dismissed. Biden named leading members of an economic tea...
TikTok Promises to Promote Black Creators After Censorship Accusations Make Light
Sourced from Gadgets 360. Chinese Social Media platform TikTok laid out a series of actions on Monday in an effort to address criticisms that its algorithm is suppressing black creators on the app. The actions include launching a “creator diversity council” in which the platform will aim at “recognising and uplifting the voices driving culture, creativity, and important conversations on the platform [itself]”. Continued in the blog post, TikTok says it will also reassess its moderation strategies, establish a new “user-friendly” appeals process, and develop a new creator portal for expanding communications and “opportunities for our broader creator community”. TikTok says that it will “stand in solidarity with the Black community” and participate in “Black Out Tuesday.” Tuesday will be kep...
