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Nigerian Rescuers Pull Dozens Of Bodies From Water After Boat Tragedy

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Nigerian rescue workers pulled more than three dozen bodies from the water on Thursday after an overcrowded riverboat sank leaving more than 150 people missing and feared drowned.

Survivors and officials said only 20 people were rescued on Wednesday when the wooden boat ferrying passengers to a market broke apart and sank travelling between central Niger state and Wara in northwest Kebbi state.

“Nine more bodies have been recovered. So far 45 bodies have been found. The search continues for more bodies,” Abubakar Shehu, a local official supervising the rescue operation, said.

President Muhammadu Buhari on Wednesday called the mishap “devastating” after the country’s inland waterways authority said only 20 people had been rescued and another 156 were still missing.

Local district administrator Abdullahi Buhari Wara said the boat was also loaded with bags of sand from a gold mine.

The Niger, West Africa’s main river travelling through Guinea to Nigeria’s Niger Delta, is a key local trade route for some of the countries.

Major-General Farouk Yahaya Appointed As New Chief of Army Staff

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Nigerian President Muhammadu Buhari has named Major-General Farouk Yahaya as the new chief of army staff.

Yahaya, a major general, will replace the deceased Attahiru Ibrahim with immediate effect.

Prior to his appointment, Majo-General Yahaya was the General Officer Commanding 1 Division of the Nigerian Army and the theatre commander of a military counter-terrorism unit in the North East.

Yahaya’s appointment comes six days after his predecessor Lt General Ibrahim Attahiru and ten other military personnel died in an air crash while on an official trip to Kaduna State.

Buhari appointed Attahiru in January 2021 as part of a shakeup in the country’s security architecture.

Mourning Attahiru, Buhari said the crash “was one mortal blow to our underbelly, at a time our armed forces are poised to end the security challenges facing the country.”

Attahiru, Acting Chief of Military Intelligence, Brigadier General Abdulkadir Kuliya; Chief of Staff to the late COAS, Brigadier General Mohammed Idris Abdulkadir; Brigadier General Olatunji Lukman Olayinka, Aide-De-Camp to the COAS, Major Lawal Aliyu Hayat, and Major Nura Hamza have been buried last Saturday.

Others were the pilot of the ill-fated aircraft, Flight Lieutenant Taiwo Olufemi Asaniyi, Flight Lieutenant Alfred Ayodeji Olufade, Sergeant Opeyemi Isaiah Adesina, Sergeant Umar Saidu and Aircraftman (ACM) Olamide Matthew Oyedepo.

Mali Military Releases President, Prime Minister 3 Days After Detention

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Mali’s interim president and premier have been released, a military official said Thursday, three days after they were detained and then stripped of their powers in what appeared to be the country’s second coup in nine months.

Their release met a key demand of the international community, but fell far short of other calls for an immediate return to civilian government.

“The interim president and prime minister were released overnight around 1:30 am (0130 GMT). We were true to our word,” the official told AFP, speaking on condition of anonymity.

Family members confirmed that President Bah Ndaw and Prime Minister Moctar Ouane had been freed.

The two men have returned to their homes in the capital Bamako, those close to them said, although the circumstances surrounding their release were unclear.

The transitional leaders had been tasked with steering the return to civilian rule after a coup last August that toppled Mali’s elected president, Ibrahim Boubacar Keita.

Keita was forced out by young army officers following mass protests over perceived corruption and his failure to quell a bloody jihadist insurgency.

But in a move that sparked widespread diplomatic anger, Ndaw and Ouane were detained on Monday by army officers who were apparently disgruntled by a government reshuffle.

The two were held at the Kati military camp around 15 kilometres (nine miles) from Bamako.

Macron Kicks Off Highly Symbolic Visit To Rwanda, Tours Genocide Memorial

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French President Emmanuel Macron on Thursday recognised his country’s role in the 1994 genocide in Rwanda, from backing a genocidal regime to ignoring warnings of the impending massacres.

Macron kicked off a highly symbolic visit to Rwanda after three decades of diplomatic tensions, with a tour of the Kigali Genocide Memorial, where he paid tribute to some 800,000 mostly Tutsis who were slaughtered in the killings.

“Standing here today, with humility and respect, by your side, I have come to recognise our responsibilities,” Macron said in a speech at the Kigali Genocide Memorial.

His highly anticipated speech did not contain a formal apology, but he went further than his predecessors and said that only those who had survived the horrors “can maybe forgive, give us the gift of forgiveness.”

Rwandan President Paul Kagame hailed Macron’s speech, speaking to reporters after the two leaders met.

“His words were something more valuable than an apology. They were the truth,” Kagame said.

Macron is the first French leader since 2010 to visit the East African nation, which has long accused France of complicity in the killings.

Macron said France “was not complicit” in the genocide.

“But France has a role, a story and a political responsibility to Rwanda. She has a duty: to face history head-on and recognise the suffering she has inflicted on the Rwandan people by too long valuing silence over the examination of the truth”.

Egide Nkuranga, president of the main survivors’ association Ibuka, said he was disappointed that Macron did not “present a clear apology on behalf of the French state” or “ask for forgiveness”.

However he said Macron “really tried to explain the genocide and France’s responsibility. It is very important. It shows that he understands us.”

The French president is on a one-day leg to Kigali before flying to South Africa Friday for a visit.

– ‘Form of blindness’ –

The genocide between April and July of 1994 began after Rwanda’s Hutu president Juvenal Habyarimana, with whom Paris had cultivated close ties, was killed when his plane was shot down over Kigali on April 6.

Within a few hours extremist Hutu militia began slaughtering Tutsis, and some moderate Hutus, with a scale and brutality that shocked the world.

Victims were felled with machetes, shot, or massacred while seeking shelter in churches and schools, while sexual violence was rife.

France, which provided political and military support to Kigali during a civil war preceding the genocide, has long been accused of turning a blind eye to the dangers posed by Hutu extremists in a country which had already seen several large scale massacres in its past.

“In wanting to block a regional conflict or a civil war, (France) in fact continued to support a genocidal regime. By ignoring alerts from the most clear-headed observers, France assumed an overwhelming responsibility in a chain of events that resulted in the worst scenario,” said Macron.

The question of France’s role and responsibility in the genocide has burned between the two nations for decades, leading to a complete diplomatic rupture between 2006 and 2009.

In 2010 Nicolas Sarkozy attempted to break the ice by admitting to “serious mistakes” and a “form of blindness” on the part of the French during the genocide.

His remarks fell short of expectations in Rwanda, and bilateral relations continued to fester.

Nigeria Signs Oil Deal To Unlock $10 Bn Investment

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Nigeria has signed an offshore oil deal with Shell, Exxon, Total and Eni, that the state says will generate millions, settle disputes and open the way to a $10 billion investment.

The “Execution of Oil Mining Lease (OML) 118 (Bonga) Agreements” was signed Tuesday by the local subsidiaries of the four oil majors and the Nigerian National Petroleum Corporation (NNPC).

Nigeria, Africa’s largest oil producer and exporter, has been hit hard by a combination of falling crude prices and the global pandemic.

“This marks a watershed in the administration of deepwater operations in Nigeria,” the NNPC said on Twitter.

“Over $10bn of investment will be unlocked as a result of this development.”

The offshore oil block OML 118 situated 120 kilometres (75 miles) off the coast includes Bonga, the largest deep-water project to commence production in Nigeria.

Bonga produced 90,000 barrels per day in February, below its maximum capacity of 225,000 bpd, and the new deal could lead to an expansion of the field’s capacity.

The agreement also brings “immediate income for government in the excess of $780 million”, NNPC head Mele Kyari said, and an opportunity to resolve a $9 billion which he did not specify.

Kyari said in a speech that he hoped the agreement would be an “opportunity for investors to see that this country is open for business.”

OPEC-member Nigeria draws only a fraction of oil and gas investments in Africa as it struggles with a reputation for inefficiency, corruption and high operating costs.

But officials hope a long-awaited Petroleum Industry Bill currently in the National Assembly will encourage more investment with amendments to regulations, royalties and taxes.

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Miguel Gonzalez Takes Over From Bordalas As Getafe Coach

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Spaniard Miguel Gonzalez, known as “Michel”, will take over from Jose Bordalas as coach of Getafe for a second time, the Madrid club announced Thursday.

Michel, capped 66 times by Spain as a player, signed a two-year contract with the club that has just finished 15th in La Liga.

The former Real Madrid midfielder previously coached Getafe from 2009-11, before moving on to Sevilla, Olympiacos in Greece, Marseille, Malaga and UNAM in Mexico.

Getafe Club de Fútbol, or simply Getafe, is a professional Spanish football club based in Getafe, a city in the south of the Community of Madrid.

The team competes in La Liga, the highest tier of the Spanish football system.

Zinedine Zidane Resigns As Real Madrid Coach

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Zinedine Zidane has resigned as Real Madrid manager with immediate effect, the Spanish club said Thursday just days after they were beaten to the La Liga title by Atletico Madrid.

The Frenchman’s departure comes at the end of a disappointing campaign for the 13-time European champions, who also lost to Chelsea in the Champions League semi-finals, as they failed to win a trophy for the first time in 11 seasons.

“We must now respect his decision and express our gratitude for his professionalism, dedication and passion over the years and what he means to Real Madrid,” a club statement said.

“Zidane is one of Real Madrid’s great icons and his legacy extends beyond what he has achieved as a coach and player at our club.”

Only 10 days ago Zidane, who has a contract until 2022, denied press speculation he had already told his players he would be leaving at the end of the season.

“How am I going to tell my players that I am going now? It’s a lie,” he said after a 1-0 win at Athletic Bilbao.

“I’m focused on this season. There is a game left and we are going to give everything. I only care what happens in this finale,” he said at the time.

But, perhaps tellingly, he added: “The rest, we will see at the end of the season.”

The announcement marks the end of Zidane’s second spell in charge of the Spanish giants.

The 1998 World Cup winner first took the helm in January 2016 and guided Real to the 2017 La Liga title and an unprecedented hat-trick of Champions League titles before abruptly quitting on May 31, 2018, saying the club needed “a different voice”.

He returned in 2019 after Julen Lopetegui and Santiago Solari were sacked as managers in quick succession.

Anambra Based Escrow Platform Wins $100m Business Grant

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Nigeria’s escrow company, EscrowLock has won a $100 million global business grant from the world’s largest social media company, Facebook Incorporated.

The local escrow platform based in Anambra State is a trusted third-party that receives and “locks” transaction payments from buyers and only releases payment to the intended seller when the seller has delivered the necessary goods or services in the agreed condition.

The middleman service helps to protect both buyers and sellers from online fraud, thereby boosting eCommerce activities and helping more people earn a decent livelihood.

According to the Director of EscrowLock, Elochukwu Eze, the information was contained in a statement issued by Facebook and made available to EscrowLock’s office in Agbiligba Nanka, Anambra State., Nigeria’s South-East.

He also said escrowlock Marketplace engages over 1,000 Nigerians as affiliates.

A Senior Executive of the firm, Mr Deji Akinbode, revealed that the firm will by next month begin to accept applications from Nigerians who are interested in working as online affiliates for its marketplace.

EsrowLock’s Strategy Lead, Ms Sandra Iheanaetu, said the company would soon provide micro-grants and visibility to small businesses run by online individuals across the 36 states of Nigeria and the FCT. The challenge is designed to hold, at least, every quarter of the year.

Anambra Based Escrow Platform Wins $100m Business Grant

0

Nigeria’s escrow company, EscrowLock has won a $100 million global business grant from the world’s largest social media company, Facebook Incorporated.

The local escrow platform based in Anambra State is a trusted third-party that receives and “locks” transaction payments from buyers and only releases payment to the intended seller when the seller has delivered the necessary goods or services in the agreed condition.

The middleman service helps to protect both buyers and sellers from online fraud, thereby boosting eCommerce activities and helping more people earn a decent livelihood.

According to the Director of EscrowLock, Elochukwu Eze, the information was contained in a statement issued by Facebook and made available to EscrowLock’s office in Agbiligba Nanka, Anambra State., Nigeria’s South-East.

He also said escrowlock Marketplace engages over 1,000 Nigerians as affiliates.

A Senior Executive of the firm, Mr Deji Akinbode, revealed that the firm will by next month begin to accept applications from Nigerians who are interested in working as online affiliates for its marketplace.

EsrowLock’s Strategy Lead, Ms Sandra Iheanaetu, said the company would soon provide micro-grants and visibility to small businesses run by online individuals across the 36 states of Nigeria and the FCT. The challenge is designed to hold, at least, every quarter of the year.

Nigeria’s Apex Bank Sets N410.25 As Official Exchange Rate to Dollar

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The Central Bank of Nigeria has officially made the NAFEX Investor & Exporter forex window rate of N410.25 as its official exchange rate to the dollar.

It confirmed this new official rate on its website on Monday night, after it had removed N379/$ earlier in May.

“In order to adjust for the decrease in supply of foreign exchange, the naira depreciated at the official window from N305/$ to N360/$ and now hovers around N410/$,” he said.

It would be recalled that in April 2017, the CBN established the I&E forex window as part of efforts to deepen the foreign exchange market and accommodate all forex obligations.

The purpose of the window was to boost liquidity in the forex market and ensure timely execution and settlement for eligible transactions.