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Search resuls for: "Bola Tinubu"


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ABUJA, Sept 7 (Reuters) - Nigeria's main opposition candidates will appeal a tribunal ruling that affirmed Bola Tinubu's victory in a disputed presidential election in February that they claim was marred by irregularities, their lawyers said. But the Presidential Election Petition Court on Wednesday dismissed their petitions point-by-point in a judgment that lasted more than 11 hours. The ruling followed a pattern in previous election years in Africa's most populous country, where no legal challenge to the outcome of a presidential election has succeeded since Nigeria returned to democracy in 1999. "Consequently, I have asked my lawyers to activate my constitutionally guaranteed rights of appeal to the higher court, which, in the instance, is the Supreme Court." An appeal at the Supreme Court should be filed within 14 days from the date of the tribunal ruling.
Persons: Bola Tinubu's, Atiku Abubakar, Peter Obi, Atiku, Obi, Nick Zieminski, Elisha Bala, Richard Chang Organizations: People's Democratic Party, Labour, Labour Party, Thomson Locations: ABUJA, Africa's, Nigeria, Anambra
By Camillus EbohABUJA (Reuters) - Nigeria's presidential election tribunal on Wednesday rejected an opposition challenge to Bola Tinubu's win in February's disputed vote, following a pattern seen in previous election years in Africa's most populous country. No legal challenge to the outcome of a presidential election has succeeded in Nigeria, which returned to democracy in 1999 after three decades of almost uninterrupted military rule and has a history of electoral fraud. Judge Haruna Tsammani, reading out a lengthy ruling on behalf of the tribunal's panel of five justices, rejected Obi's petition point-by-point. As the tribunal was giving its ruling, he was in India preparing to take part in the G20 summit there. Atiku and Obi can appeal to the country's Supreme Court to strike down the tribunal's ruling.
Persons: Camillus, Bola Tinubu's, Atiku Abubakar, Peter Obi of, Haruna Tsammani, Tinubu, Obi, MacDonald Dzirutwe, Estelle Shirbon, Alison Williams Organizations: Reuters, February's, People's Democratic Party, Labour Party Locations: Camillus Eboh ABUJA, Africa's, Nigeria, India
Bola Tinubu, President of Nigeria, arrives for the closing session of the New Global Financial Pact Summit, Friday, June 23, 2023 in Paris, France. Lewis Joly/Pool via REUTERS Acquire Licensing RightsABUJA, Sept 6 (Reuters) - Nigeria's presidential election tribunal is due to rule on Wednesday on whether Bola Tinubu should stay as president after two rivals challenged his victory in February's disputed vote. There have been numerous legal challenges to the outcome of previous Nigerian presidential elections but none have succeeded. The tribunal, which will deliver its ruling in the capital Abuja, has the power to cancel an election and order a fresh one, among other remedies. Tinubu, who is in India ahead of a G20 Summit, has defended his victory and says he is focused on reviving the economy.
Persons: Bola Tinubu, Lewis Joly, Bola, February's, Atiku Abubakar, Peter Obi, Atiku, Obi, Muhammadu Buhari, MacDonald Dzirutwe, Alison Williams Organizations: New Global Financial, REUTERS Acquire, Rights, Tinubu's, People's Democratic Party, Labour, Thomson Locations: Nigeria, Paris, France, Rights ABUJA, Abuja, India
Bola Tinubu, President of Nigeria, arrives for the closing session of the New Global Financial Pact Summit, Friday, June 23, 2023 in Paris, France. Lewis Joly/Pool via REUTERS/File Photo Acquire Licensing RightsNEW DELHI, Sept 6 (Reuters) - Nigeria has secured nearly $14 billion of pledges from Indian investors and seeks an economic cooperation pact with the South Asian nation, a presidential spokesperson said on Wednesday. Skipperseil Ltd's founding Chairman Jitender Sachdeva and India's Bharti Enterprises each pledged $1.6 billion over four years to build power generation plants and $700 million in Nigeria, respectively, Ngelale said. Tinubu is attending at the invitation of India, which currently holds the rotating presidency of the bloc. "We are ready to give you the best returns for investment possible, there's nowhere else like our country," Tinubu said in the statement.
Persons: Bola Tinubu, Lewis Joly, India's Jindal, Ajuri Ngelale, Skipperseil, Jitender Sachdeva, Ngelale, Tinubu, Nidhi Verma, Felix Onuah, Elisha Bala, Shivam Patel, Christina Fincher, Richard Chang Organizations: New Global Financial, South, India's Jindal Steel, Indorama Corp, India's Bharti Enterprises, Defence Industries Corporation, Thomson Locations: Nigeria, Paris, France, DELHI, West, New Delhi, India, Africa's, South Africa, Abuja
ABUJA, Nigeria (AP) — Some employees in government offices in Nigeria walked off their jobs Tuesday in protest of the growing cost of living due to the removal of gas subsidies, threatening to “shut down” Africa’s largest economy if their demands for improved welfare are not met. Made up of hundreds of thousands of members, the Nigeria Labor Congress workers association began a two-day “warning strike," their second in over a month. Last-minute efforts to avert the strike failed on Monday evening after labor unions' leaders shunned a meeting called by the Labor Ministry. After he ended the yearslong subsidies for gas on his first day in office, the price of petrol more than doubled, resulting in a similar hike in the price of other commodities. But workers have said such steps are not enough with their wages still the same.
Persons: Bola Tinubu, Joe Ajaero, Tinubu’s, Tinubu, Ajaero, Simon Lalong Organizations: Nigeria Labor Congress, Local, Labor Ministry, ” Labor Locations: ABUJA, Nigeria
A paramilitary soldier stands guard outside Le Meridien hotel during a rehearsal ahead of the G20 Summit in New Delhi, India, September 2, 2023. BRITISH PRIME MINISTER RISHI SUNAKSunak is expected attend the summit on his first official trip to India as Britain's prime minister. GERMAN CHANCELLOR OLAF SCHOLZScholz has said the upcoming G20 summit in India remains important despite the absence of Russia and China. SOUTH AFRICAN PRESIDENT CYRIL RAMAPHOSARamaphosa has expressed full support for India's G20 presidency while conveying his intent to attend the summit. BANGLADESH PRIME MINISTER SHEIKH HASINABangladesh Prime Minister Sheikh Hasina is likely to attend the G20 summit in New Delhi, according to Indian media reports.
Persons: Le, Adnan Abidi, JOE BIDEN Biden, Biden, XI, Li Qiang, Xi Jinping, Xi, VLADIMIR PUTIN, Sergei Lavrov, Vladimir Putin, Putin, JUSTIN TRUDEAU Trudeau, Ukraine's Volodymyr Zelenskiy, Zelenskiy, RISHI SUNAK Sunak, KISHIDA, ANTHONY ALBANESE, YOON SUK, YEOL Yoon, OLAF SCHOLZ Scholz, EMMANUEL MACRON, Modi, SAUDI ARABIA'S CROWN PRINCE MOHAMMED BIN SALMAN, CYRIL RAMAPHOSA Ramaphosa, TAYYIP ERDOGAN, ALBERTO FERNANDEZ Fernandez, BOLA TINUBU Tinubu, LUIZ INACIO LULA DA SILVA, URSULA VON DER, CHARLES MICHEL The, SHEIKH HASINA, Sheikh Hasina, ANDRES MANUEL LOPEZ OBRADOR, JOKO, Aftab Ahmed, Shivangi, Nick Macfie Organizations: REUTERS, Criminal Court, ICC, BRITISH, AUSTRALIAN, SOUTH, Associated Press, SAUDI ARABIA'S CROWN, African Union, NIGERIA'S, LUIZ INACIO LULA DA SILVA Brazil, OF, EUROPEAN, CHARLES MICHEL The European Union, BANGLADESH, Thomson Locations: Le Meridien, New Delhi, India, DELHI, India's, Ukraine, U.S, RUSSIAN, Russia, South Africa, Africa, Indonesia, Philippines, China, Saudi, SHEIKH HASINA Bangladesh, Bangladesh, MELONI Italy
President Bola Tinubu will leave on Monday to attend the G20 summit in India at the invitation of Prime Minister Narendra Modi, spokesperson Ajuri Ngelale said. "While Nigeria's membership of the G-20 is desirable, the government has embarked on wide-ranging consultations with a view to ascertaining the benefits and risks of membership," Ngelale said in a statement. Tinubu's attendance was in part to further Nigeria's membership objective, he said. On Friday, Ngelale said Tinubu will attend the G20 summit to try to promote foreign investment in Nigeria and mobilize global capital to develop infrastructure. Tinubu will attend the summit with some of his cabinet members including foreign affairs, finance and trade ministers.
Persons: Bola Tinubu, Lewis Joly, Narendra Modi, Ajuri Ngelale, Ngelale, Tinubu, Felix Onuah, Chijioke Ohuocha, Andrew Cawthorne, Angus MacSwan Organizations: New Global Financial, Rights, Thomson Locations: Nigeria, Paris, France, Rights ABUJA, India, South Africa
Anti-French sentiment has risen in Niger since the coup but soured further last week when France ignored the junta's order for its ambassador, Sylvain Itte, to leave. Reuters reporters said it was the biggest gathering yet since the coup, suggesting that support for the junta - and derision of France - was not waning. France had cordial relations with ousted President Mohamed Bazoum and has about 1,500 troops stationed in Niger. On Friday, French President Emmanuel Macron said he spoke to Bazoum every day and that "the decisions we will take, whatever they may be, will be based upon exchanges with Bazoum." West Africa's regional bloc ECOWAS has slapped sanctions on Niger and threatened military action as a last resort.
Persons: Mahamadou, Paris, Sylvain Itte, Yacouba, Mohamed Bazoum, Emmanuel Macron, Niger's, Bola Tinubu, Edward McAllister, David Holmes Organizations: REUTERS, Police, France, ECOWAS, Thomson Locations: Niamey, Niger, NIAMEY, Niger's, West, Central Africa, France, West Africa, Mali, Burkina Faso, Africa's, United States
Nigerian president recalls ambassadors worldwide
  + stars: | 2023-09-02 | by ( Felix Onuah | ) www.reuters.com   time to read: +1 min
Nigeria's President Bola Tinubu looks on after his swearing-in ceremony in Abuja, Nigeria May 29, 2023. REUTERS/Temilade Adelaja/File Photo Acquire Licensing RightsABUJA, Sept 2 (Reuters) - President Bola Tinubu has ordered a recall of Nigeria's ambassadors the world over with immediate effect, his spokesman said on Saturday. Nigeria's United Nations permanent representatives in New York and Geneva are exempted from the "total recall" due to the upcoming United Nations General Assembly (UNGA) later in the month, Tinubu's office said in a statement. Nigeria has 109 diplomatic missions worldwide, comprising 76 embassies, 22 high commissions and 11 consulates. Reporting by Felix Onuah; Writing by Elisha Bala-Gbogbo; Editing by Angus MacSwanOur Standards: The Thomson Reuters Trust Principles.
Persons: Bola Tinubu, Temilade, Ajuri Ngelale, Joe Biden, Felix Onuah, Elisha Bala, Angus MacSwan Organizations: REUTERS, Rights, Nigeria's United Nations, United Nations General Assembly, U.S, Thomson Locations: Abuja, Nigeria, Rights ABUJA, New York, Geneva, Brazil, India, South Korea, Germany
Bola Tinubu, President of Nigeria, arrives for the closing session of the New Global Financial Pact Summit, Friday, June 23, 2023 in Paris, France. Lewis Joly/Pool via REUTERS/File Photo Acquire Licensing RightsABUJA, Sept 1 (Reuters) - Nigeria's President Bola Tinubu plans to attend the G20 summit in India this month to try to promote foreign investment in Africa's largest economy and mobilize global capital to develop infrastructure, his spokesman said on Friday. The summit in India will hold on Sept 9 and 10. Ngelale said Tinubu will meet leaders from Brazil, India, South Korea and Germany on the sidelines of the G20. Tinubu also plans to meet Indian executives, including Jindal Steel and Power Company, among others, Ngelale said.
Persons: Bola Tinubu, Lewis Joly, Tinubu, Ajuri Ngelale, Ngelale, India's Bharti, Joe Biden, Felix Onuah, Chijioke Ohuocha, Cynthia Osterman Organizations: New Global Financial, Rights, Jindal Steel, Power Company, India's, India's Bharti Airtel, U.S, United Nations General Assembly, Thomson Locations: Nigeria, Paris, France, Rights ABUJA, India, West African, Brazil, South Korea, Germany, Africa, New York
Nigerian President Bola Tinubu, the current chair of West African bloc ECOWAS, said on Wednesday he was working closely with other African leaders to contain what he called a "contagion of autocracy" spreading across Africa. Senior officers in Gabon announced their coup before dawn on Wednesday, shortly after an election body declared that Bongo had comfortably won a third term after Saturday's vote. The coups also showed the limited leverage of African powers once the military takes over. Military leaders elsewhere have also resisted international pressure, such as in Mali. The African Union, former colonial power France, the United States, Canada and Britain have all expressed concern about the coup.
Persons: Ali Bongo, Bongo, Bola Tinubu, General Brice Oligui Nguema, Omar, Josep Borrell Organizations: Economic, Central African States, West, ECOWAS, Military, African Union Locations: Gabon, West, Central Africa, Nigerian, Africa, Mali, Guinea, Burkina Faso, Chad, Niger, Libreville, France, United States, Canada, Britain, European
Reaction to Gabon army officers announcing coup
  + stars: | 2023-08-30 | by ( ) www.reuters.com   time to read: +4 min
Below are reactions to what appeared to be the eighth military coup in West and Central Africa since 2020. FRENCH GOVERNMENT SPOKESPERSON OLIVIER VERAN"We condemn the military coup and recall our commitment to free and transparent elections." EU HIGH REPRESENTATIVE FOR FOREIGN AFFAIRS AND SECURITY POLICY JOSEP BORRELL"If this is confirmed, it is another military coup which increases instability in the whole region. RUSSIAN FOREIGN MINISTRY SPOKESPERSON MARIA ZAKHAROVA"Moscow has received with concern reports of a sharp deterioration in the internal situation in the friendly African country. U.N. SECRETARY-GENERAL ANTONIO GUTERRES"The Secretary-General is following the evolving situation in Gabon very closely.
Persons: Gerauds Wilfried Obangome, Ali Bongo, Moussa Faki Mahamat, BOLA TINUBU'S, Bola Ahmed Tinubu, GENERAL PATRICIA SCOTLAND, OLIVIER VERAN, WANG WENBIN, Bongo, JOSEP BORRELL, MARIA ZAKHAROVA, JOHN KIRBY, It's, GENERAL ANTONIO GUTERRES, Nellie Peyton, Sofia Christensen, Alexander Winning, Sharon Singleton, Andy Sullivan Organizations: REUTERS, Central African, AU, H.E, WEST, BLOC ECOWAS, GENERAL, Commonwealth Secretariat, MINISTRY, EU HIGH, Thomson Locations: Libreville, Gabon, West, Central Africa, Gabonese Republic, Republic, NIGERIA, African Union, CHINA, China, Central African Republic, Mali, Burkina Faso, Niger, Moscow
Nigeria's Central Bank Governor Godwin Emefiele briefs the media during the MPC meeting in Abuja, Nigeria January 24, 2020. REUTERS/Afolabi Sotunde/File Photo Acquire Licensing RightsABUJA, Aug 16 (Reuters) - Nigeria's suspended central bank governor Godwin Emefiele will appear in a high court in Abuja on Thursday, when he is expected to enter a plea in a 20-count indictment, a government lawyer said on Wednesday. Government lawyers, on Tuesday, said they had filed additional graft charges against the governor, including allegedly "conferring unlawful advantages" and "unlawful procurement". Local papers said the central bank employee was a director in the private company. Emefiele, suspended by President Bola Tinubu in June, had already pleaded not guilty to charges of possessing a firearm illegally, which were subsequently withdrawn.
Persons: Nigeria's Central Bank Governor Godwin Emefiele, Afolabi, Godwin Emefiele, Emefiele, Bola Tinubu, Tinubu, Camillus Eboh, Chijioke, Sharon Singleton Organizations: Nigeria's Central Bank Governor, MPC, REUTERS, Rights, Government, Thomson Locations: Abuja, Nigeria, Rights ABUJA, Lagos, Africa's
Niger junta says open to talks as Putin, US stress peace
  + stars: | 2023-08-15 | by ( Felix Onuah | ) www.reuters.com   time to read: +4 min
REUTERS/Souleymane Ag Anara/File Photo Acquire Licensing RightsAug 15 (Reuters) - Niger's junta on Tuesday said that it was open to talks to resolve a regional crisis caused by last month's military coup, while Russia and the United States called for a peaceful resolution. Singh declined to call the takeover a coup but said it "certainly looks like an attempted coup." Military leaders in Mali and Burkina Faso have kicked out troops from former colonial power France and strengthened ties with Moscow. Putin has called for a return to constitutional order in Niger, while Wagner chief Yevgeny Prigozhin welcomed the army takeover and offered his services. Support for Russia has appeared to surge in Niger since the coup, with junta supporters waving Russian flags at rallies and calling for France to disengage.
Persons: Mohamed Bazoum, Ali Mahamane Lamine Zeine, Mahamat Deby, Vladimir Putin, Putin, Assimi Goita, Sabrina Singh, Joe Biden's, Singh, Bola Tinubu, Russia's Wagner, Wagner, Yevgeny Prigozhin, Felix Onuah, Mahamat Ramadane, Idrees Ali, Nellie Peyton, John Stonestreet, Estelle Shirbon, Alexandra Hudson, Jonathan Oatis Organizations: REUTERS, West, Economic, West African States, ECOWAS, Islamic, Twitter, Military, Thomson Locations: Nigerien, Niamey, Niger, Russia, United States, Ghana, al Qaeda, Islamic State, West, Central Africa, Russian, West Africa's, Central Africa's, West Africa, Mali, Burkina Faso, France, Moscow, Bazoum, Western, U.S, Germany, Italy, Paris, Abuja, Chad, Washington
Niger's junta supporters take part in a demonstration in front of a French army base in Niamey, Niger, August 11, 2023. REUTERS/Mahamadou Hamidou/File PhotoDAKAR, Aug 12 (Reuters) - West Africa's regional bloc kept up its search on Sunday for diplomatic ways to overturn last month's coup in Niger, while retaining the threat of military intervention amid a crisis that has sucked in global superpowers. U.S., French, German and Italian troops are stationed in Niger, in a region where local affiliates of al Qaeda and Islamic State have killed thousands and displaced millions. Western powers fear Russia's clout could increase if the junta in Niger follows neighbouring Mali and Burkina Faso, which ejected the troops of former colonial power France after coups in those countries. Reporting by Edward McAllister; Editing by Ingrid Melander and Hugh LawsonOur Standards: The Thomson Reuters Trust Principles.
Persons: Mahamadou, Mohamed Bazoum, Bola Tinubu, General Abdourahamane Tiani, erodes, Edward McAllister, Ingrid Melander, Hugh Lawson Organizations: REUTERS, West African States, ECOWAS, Nigerian, al, Islamic, Thomson Locations: Niamey, Niger, DAKAR, West, Central Africa, United States, West Africa, U.S, al Qaeda, Mali, Burkina Faso, France
Two weeks ago, a military junta suddenly deposed Niger’s pro-American, democratically elected president. Already at least one leader of the Niger junta has met with Wagner representatives in neighboring Mali, where Wagner has developed a firm presence. Given the stakes, the initial responses by those who support Niger’s ousted president have been ill-considered and anemic. But the Wagner-supported ruling juntas in two of Niger’s neighbors immediately pledged to join with Niger’s military in fending off any such invasion, calling it a “declaration of war” against them. All have been grounded since Niger’s junta declared the entire country a no-fly zone.
Persons: David A, Niger’s, David Andelman, Wagner, Yevgeny Prigozhin, Vladimir Putin, Mohamed Bazoum, Bola Tinubu, Tinubu, ECOWAS’s, didn’t, Bazoum, Germany —, Putin, Antony Blinken’s, Victoria Nuland Organizations: CNN, French Legion of, The New York Times, CBS News, American, David Andelman CNN, Central African, West African States, ECOWAS, Wall Street, US, African Union, NATO, Russian, Wagner Group, Faustin, Twitter, Niger’s Locations: United States, Africa, Russia, Niger, Mali, Central African Republic, Sudan, Burkina Faso, African, Niamey, Sahel, South Asia, Afghanistan, East, North Africa, France, Italy, Germany
A video filmed at Afghanistan’s Kabul airport that dates to August 2021 is being shared in 2023 with a caption that falsely says it shows soldiers from Mali and Niger preparing to fight Nigeria and the Economic Community of West African States’ (ECOWAS). The claim is being shared after President Mohamed Bazoum was removed by Niger's military leaders on July 26, 2023. Reuters could not independently verify the source of the video, however, it predates the 2023 coup in Niger. It can be traced to August 2021 (here) when it was shared in relation to the U.S. withdrawal from Afghanistan. Video of Kabul airport dates to August 2021, does not show Mali and Niger forces in 2023.
Persons: Mohamed Bazoum, , , Bola Tinubu, Read Organizations: Economic, West, Reuters, Watch, Force, Kabul Airport Locations: Kabul, Mali, Niger, Nigeria, States, West, Central Africa, Afghanistan, U.S
General view as supporters of Niger's coup leaders take part in a rally at a stadium in Niamey, Niger, August 6, 2023. West African heads of state hold a summit in Nigeria aiming to agree on a plan of action for Niger, where coup leaders have refused to stand down despite the bloc's threat that it could use force to restore democracy. Since the July 26 power grab shocked the region, the defiant junta has rebuffed diplomatic overtures and ignored an Aug. 6 deadline from the Economic Community of West African States (ECOWAS) to reinstate ousted president Mohamed Bazoum. The bloc's leaders are expected to agree on next steps, which could include military intervention - something an ECOWAS official has said would be a last resort. Envoys of the Nigerian president, and ECOWAS chair, Bola Tinubu met coup leaders in the capital, Niamey, on Wednesday, offering a glimmer of hope for dialogue after previous missions were spurned.
Persons: Mohamed Bazoum, Roufai Laouali, Antonio Guterres, Bola Tinubu, Alessandra Prentice, Sofia Christensen, Robert Birsel, Philippa Fletcher Organizations: REUTERS, Economic, West African States, ECOWAS, United Nations, Thomson Locations: Niamey, Niger, NIAMEY, ABUJA, West, Nigeria, Abuja, Mali, Burkina Faso
ECOWAS responded days later by enacting sanctions and issuing an ultimatum to the ruling military junta: stand down within a week or face a potential military intervention. ECOWAS leaders have said their preference is to find a diplomatic solution to the crisis and would send in troops as a last resort. The regional bloc will “uphold all measures and principles agreed upon by the extraordinary summit held on Niger on 30th July 2023,” at which strong sanctions were decided against the military junta in Niger. Niger’s armed forces appeared to be preparing for possible military intervention this week, a military source told CNN. Confusion and concernSeveral analysts told CNN that a military intervention in Niger would probably not be imminent, as it takes time to assemble the ECOWAS troops.
Persons: Omar Alieu Touray, Mohamed Bazoum, Touray, it’s, Murtala Abdullahi, Bola Tinubu, Abdourahamane Alkassoum, , Cameron Hudson Organizations: CNN, West, Economic, West African States, ECOWAS, , Nigerien, Center, Strategic, International Studies Locations: Abuja, Nigeria, Republic of Niger, , Niger, ” Mali, Burkina Faso, Guinea, ” Abuja, Gambia, “ Niger
Time running short for diplomacy as post-coup Niger talks stall
  + stars: | 2023-08-09 | by ( ) www.reuters.com   time to read: +3 min
[1/4] General Abdourahmane Tiani, who was declared as the new head of state of Niger by leaders of a coup, arrives to meet with ministers in Niamey, Niger July 28, 2023. They said they were committed to finding solutions through diplomacy and negotiation, but did not give details. Mali and Burkina Faso had previously vowed to come to Niger's defence if the regional bloc intervened, saying they would consider that a declaration of war against them. ECOWAS has said that the use of force would be a last resort if the soldiers do not step down and free Bazoum. The bloc's defence chiefs have agreed on a possible military action plan, which heads of state are expected to consider at their summit in the Nigerian capital, Abuja.
Persons: Abdourahmane Tiani, Balima, juntas, Antony Blinken, Mohamed Bazoum, Bazoum, Bola Tinubu, Nellie Peyton, William Maclean Organizations: REUTERS, United, United Nations, Economic, West African States, ECOWAS, . Security, Security, Niger, Thomson Locations: Niger, Niamey, NIAMEY, United Nations, Mali, Burkina Faso, Republic of Mali, Malian, States, Abuja
A video of Senegalese soldiers parading on Senegal’s Independence Day is being falsely claimed online to show soldiers from Niger sending a warning to West African nations against interfering in the country’s coup. The video was shared after Niger President Mohamed Bazoum was removed from power in a military coup. Senegalese flags can be seen throughout, and Reuters traced the clip back to posts from April in relation to Senegal’s Independence Day, which is held on April 4 (here) ,(here). Senegalese news outlet Live SN streamed video of the same parade from a different angle on April 4 (here). The video shows soldiers at Senegal’s Independence Day parade and is unrelated to Niger’s coup.
Persons: Mohamed Bazoum, Tinubu, , Bola Tinubu, Read Organizations: West African States, Reuters Locations: Niger, West, Central Africa, “ Niger, Nigeria, Senegalese
CNN —The leaders of a coup in Niger are digging in their heels as they face a looming deadline from neighbors to give up power or face possible military action. President Bazoum’s election win in 2021 marked a relatively peaceful transfer of power, capping years of military coups following Niger’s independence from France in 1960. ECOWAS has shown a willingness to take action in cases where leaders refuse to relinquish power or when political crises escalate. The US and France consider Niger a critical ally and both countries have military bases in Niger. That kind of sentiment suggests that even if the stated goal is to restore democracy, a military intervention may not be welcomed across the country.
Persons: Mohamed Bazoum, , Bazoum’s, Bazoum, Abdourahamane Tiani, Bola Tinubu, Tinubu, Security Abdel, Fatau Musah, Oluseyi, ” Adetayo, Jammeh, Nigeriens, Russia, Wagner, ” Ali Sounama Organizations: CNN, Regional, Economic, West African States, Nigerien, The Washington Post, ECOWAS, Local, Political Affairs, Peace, Security Locations: Niger, Sahel, Mali, Burkina Faso, France, Nigeria, Senegal, Bazoum, Gambia, Sierra Leone, Liberia, West Africa, Niamey, Nigerien
Nigeria's president says central bank undergoing forensic audit
  + stars: | 2023-08-04 | by ( ) www.reuters.com   time to read: +1 min
ABUJA, Aug 4 (Reuters) - Nigerian President Bola Tinubu said on Friday the central bank was undergoing a comprehensive forensic audit as part of reforms following the suspension of the bank's governor in June. Tinubu has embarked on the country's boldest reforms in years, ending the central bank's currency controls that kept the naira currency artificially strong and scrapping a petrol subsidy that cost the government $10 billion last year. "A comprehensive forensic audit is on-going at the Central Bank (of Nigeria)," a presidency statement quoted Tinubu as telling World Bank head Ajay Banga at a meeting in Abuja. Tinubu, who was sworn into office on May 29, inherited an economy grappling with anaemic growth, record debt, shrinking oil production and widespread insecurity. Reporting by Felix Onuah, writing by MacDonald Dzirutwe; Editing by David GregorioOur Standards: The Thomson Reuters Trust Principles.
Persons: Bola Tinubu, Tinubu, Ajay Banga, Felix Onuah, MacDonald Dzirutwe, David Gregorio Our Organizations: Central Bank, World Bank, Thomson Locations: ABUJA, Nigeria, Abuja
REUTERS/Afolabi Sotunde/File PhotoLAGOS, Aug 3 (Reuters) - Nigeria is turning to gas as an alternative fuel after it scrapped a popular but costly subsidy on petrol that has seen pump prices rise sharply, angering motorists and businesses that use petrol to generate their own power. State-oil firm NNPC said late on Thursday it has partnered with NIPCO Gas to speed up the adoption of compressed natural gas for buses, cars and tricycles to lower transportation costs. Under the NNPC-NIPCO deal, 35 compressed natural gas stations will be rolled out in phases to be completed next year and will be able to serve more than 200,000 vehicles daily. NIPCO already operates 14 compressed natural gas stations, NNPC said, and that the local firm has turned more than 7,000 vehicles to gas, it said. Last month, NNPC signed an agreement with UTM Offshore for the local company to construct a 1.5 metric tonnes per annum floating liquefied natural gas plant.
Persons: Afolabi, NNPC, Bola Tinubu, Tinubu, MacDonald Dzirutwe, Chijioke, Grant McCool Organizations: REUTERS, NIPCO Gas, Offshore, Thomson Locations: Abuja, Nigeria, LAGOS, State, Africa's
ABUJA, Aug 3 (Reuters) - GlaxoSmithKline (GSK) Nigeria (GLAXOSM.LG) said on Thursday it plans to stop doing business after evaluating the options for moving to a third-party distribution model for its drugs and consumer healthcare goods. GSK Nigeria, which has faced increased competition from local companies and imports from India and China, said its half-year sales had dropped to 7.75 billion naira ($9.82 million), from 14.8 billion naira in the same period a year ago. GSK Nigeria said it is working with advisers to agree next steps and plans to submit a scheme of arrangement to Nigeria's Securities and Exchange Commission, which if approved will see it return cash to shareholders except its parent GSK. "For the above reasons, and having, together with GSK UK, evaluated various other options, the Board of GlaxoSmithKline Consumer Nigeria Plc has concluded that there is no alternative but to cease operations," GSK Nigeria said in a statement. Shares in GSK Nigeria, in which British drugmaker GSK has a 46.4% stake and Nigerian shareholders the remaining 53.6%, closed at 8.10 naira, down from a peak of 42.24 naira in 2014.
Persons: Bola Tinubu, Tinubu, Chijioke Ohuocha, Alexander Smith Organizations: GlaxoSmithKline, GSK, Nigeria's Securities, Exchange Commission, Haleon, GlaxoSmithKline Consumer Nigeria Plc, British, Thomson Locations: ABUJA, Nigeria, GSK Nigeria, India, China, British, Africa
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