The U.S. State Department on Friday said Washington will de-link its pause on some aid to Ethiopia from its policy on the giant Blue Nile hydropower dam that sparked a long-running dispute between Egypt, Ethiopia and Sudan. U.S. State Department spokesman Ned Price told reporters that President Joe Biden’s administration will review U.S. policy on the Grand Ethiopian Renaissance Dam (GERD) and will assess the role the administration can play in facilitating a solution between the countries. A bitter dispute between Egypt, Ethiopia and Sudan over the filling and operation of the dam remains unresolved even after the reservoir behind the dam began filling in July. “We continue to support collaborative and constructive efforts by Ethiopia, Egypt and Sudan to reach an agreement on the GERD,” P...
Lagos Chamber of Commerce & Industry The Lagos Chamber of Commerce and Industry (LCCI) has posited that for Nigeria to take advantage of opportunities offered by the World Trade Organisation (WTO) under the leadership of Dr. Ngozi Okonjo-Iweala, it was important to build capacity for international competitiveness of our products and services. The Chamber also emphasised the need to address trade facilitation issues, especially around port processes, ports infrastructures, international trade documentation, foreign exchange policies, trade policies and industrial policies. The Director General of the chamber, Muda Yusuf, made the disclosure following the appointment of Okonjo-Iweala as the DG of the WTO, saying her emergence comes at a time when the global trading system is faced with n...
Former Ogun State Governor Gbenga Daniel has been officially received into the All Progressives Congress (APC) by state Governor Dapo Abiodun. Supported by governors of Ondo, Kebbi, Kano and Niger states, Rotimi Akeredolu, Atiku Bagudu Abdullahi Ganduje and Abubakar Sanni Bello, respectively, Abiodun received Daniel, a one-time Director-General of the 2019 Atiku Abubakar Presidential Campaign Organisation, into the party Tuesday night at his Asoludero Court residence in Sagamu. The ex-governor had in March 2019 officially resigned from the People’s Democratic Party (PDP) and announced his exit from partisan politics. Receiving Daniel into the party, Governor Abiodun said: ‘Daniel will come with a lot of experience, a lot of wisdom, he is a very dynamic individual, he is referred to as the ...
The Benue State Government has described as shocking claims by Bauchi State Governor Bala Mohammed that Governor Samuel Ortom was responsible for the negative perception of Fulani by other Nigerians. The Senior Special Assistant to Governor Samuel Ortom on Animal Husbandry, Alhaji Shehu Tambaya, stated this in a chat with newsmen on Sunday. Tambaya, who described as unfortunate, Governor Mohammed’s statement about Governor Ortom, insisting that people from all works of life live do business in all parts of Benue without any problem. He maintained that although he would not want to join issues with Governor Mohammed, Governor Ortom has proven to be a lover of all Nigerians irrespective of political, ethnic or religious inclination. ‘Governor Mohammed is only trying to defend what is undefen...
The Defence Headquarters has said it is reorganising operations across theatres toward tackling security challenges in the country. Coordinator, Defence Media Operations, Maj.-Gen. John Enenche, disclosed this while giving update on the operations of the armed forces across the country yesterday in Abuja. Enenche said the recent changes in the leadership of the armed forces would usher in new modus operandi for tackling security challenges in the country. He said the service chiefs on assumption of duty, immediately hit the ground running, by conducting operational visits to the North East. “In line with the re-organisation of the armed forces of Nigeria with the appointment of new service chiefs, the operations of the armed forces are equally being reorganised to tackle security challenge...
Ole Gunnar Solskjaer has called for the Europa League knockout rounds to be played over one leg after Manchester United’s away game at Real Sociedad was moved to Turin. The first of United’s two-legged tie against the Liga side has been moved to Italy due to current travel restrictions imposed by the Spanish government over Covid-19, preventing the team from flying in for the game without the need for quarantine. Real Sociedad’s director of football Roberto Olabe hit out at UEFA over the ruling which saw the Spanish side have to find an alternative venue for next week’s game, claiming Manchester United had an unfair advantage – and Solskjaer agreed, adding that he would have backed it being a one-legged occasion. Solskjaer said: “With Europe, we hope it’s going to be sustainable. Different...
The Federal Executive Council (FEC) has approved a new Medium-Term Debt Management Strategy for Nigeria (MTDS) for the period 2020-2023. With the approval, announced during Wednesday’s virtual FEC meeting, the DMO which is saddled with managing the nation’s debt matters, has promised full implementation to support economic development while ensuring that public debt is sustainable. The MTDS is a policy document which provides a guide to the borrowing activities of the government in the medium-term, usually four years. It is recognised as one of the best practices in public debt management and is recommended by the World Bank and International Monetary Fund (IMF) to ensure that public debt management is driven by a well-articulated strategy that is structured to meet a country’s broader mac...