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Video: Aviation Minister, Keyamo faults ‘suspicious’ deals with Ethiopian Airlines over Nigeria Air project

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In this video, Nigeria’s Minister of Aviation and Aerospace Development, Festus Keyamo, lamented “suspicious deals” the Nigerian government, under former minister Hadi Sirka, had with Ethiopian Airlines for a Nigerian national air carrier project— Nigeria Air.

The deal, which was first announced in July 2018, includes tax waivers for five years. This was faulted by Keyamo.

He said: “Now we have looked at all the issues, and it’s before Mr President. But let me just give you one or two snippets because Nigerians are quick to judge.

“In the agreement, you are giving tax waivers to Ethiopian Airlines coming into Nigeria; they ask for tax waivers for five years, and you grant them to come and compete with your local airlines who are paying those heavy taxes, how? You want to create a monopoly?”

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Video: ‘Neglect of Africa is a danger to the world’— Nigeria’s Tinubu at G20

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Nigerian President, Bola Tinubu, endorsed the call for a global alliance against hunger in his address at the opening of the 19th Summit of G20 leaders in Rio de Janeiro, Brazil.

Tinubu described the alliance, which was championed by the Brazilian president as pivotal to ending the global food crisis, while emphasizing how Africa is worst by poverty and hunger in the world.

“The neglect of Africa is a danger to the world,” Tinubu stressed while calling for global collaborative action against the problems of the continent.

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Video: Kenya’s Ruto targets inflation rate below 3%

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In this video, Kenyan President, William Ruto, stressed the economic goals of his government and charged the public to believe in the economic reforms of his administration.

 

Ruto also emphasized that the international community and multilateral bodies had applauded his policy direction, and urged Kenyans to join the train.

 

“You do have my commitment that we will be disciplined as a public sector… it my target that by next year inflation will be sub 3%”, Ruto said.

 

Earlier in the month, the Central Bank of Kenya slashed the benchmark rate to 12.0%, 75.0 bps down. The Central Bank’s prescribed target band for headline inflation is 2.5% – 7.5%, 5.0% being the mid-point · The last time Kenya registered <3.0% headline inflation was May 2007

 

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