PHOTO NEWS !!!NATIVES OF THE KALAHARI DESERT
CREDIT:GOOGLE
Friday, 22 February 2019
!NAMIBIA :AQUATIC AND TERRESTRIAL LIFE ON OKAVANGO SWAMP
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CREDIT:GOOGLE
NAMIBIA HAVE BETTER PER CAPITA INCOME THAN NIGERIA
NAMIBIA HAVE BETTER PER CAPITA
INCOME THAN NIGERIA
BY ABDULMUMINI ADEKU
Namibia have being identified as a
nation with a better income per head than Nigeria .
Checks by the News office Desk of
the E.NM.Paedia Express Multimedia Group of Lagos,Nigeria on the issue ,shows
that there is no single billionaire of note in the South West African nation
despite its proud history .
An impeccable source who is a
constant visitor to that nation in a chat
said that the issue of poverty in Namibia was almost non -existent as
the government has an excellent social welfare services for its people ,who
usually do not like to work as a result of morbid laziness.
He wondered why a nation with very
little resources as compared to a nation like Nigeria was more successful in
economic terms than its famous African
nation and neighbor,Nigeria..
He insisted that the retired global name
in athletics ,Frankie Fredricks remains the nation's famous name in all
ramifications .
According to the Oxford African Encyclopaedia,Namibia
is one of the world's greatest producers of Diamonds and production in 1963 was
worth about twenty five million pounds sterling.
Diamonds which is found near the coastal North of orangemund are the
nation's most valuable exports.Major towns and cities includes
Windhoek,Swakopmund,Ludents,Walvis Bay and because of its harsh weather the
region is not densely populated till this day.
Its major tribal groups are the Ovambos in the
North,the Herreros in the North East and the Rehobothers ,who are people of
mixed races between Africa and European blood.
WORLD BANK:BUHARI ASKED US TO FACE NORTHERN NIGERIA ALONE
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Oyetunji Abioye, Washington DC
The President of the World Bank Group,
Jim Yong Kim, said on Thursday that the bank had concentrated on the
northern region of Nigeria in line with President Muhammadu Buhari’s
request.
Kim and the Managing Director,
International Monetary Fund, Christine Lagarde, who spoke at separate
press conferences in Washington DC, United States, also advised Buhari
to invest in things that would enhance economic growth.
Kim said, “You know, in my very first
meeting with President Buhari he said specifically that he would like us
to shift our focus to the northern region of Nigeria and we’ve done
that. Now, it has been very difficult. The work there has been very
difficult.
“I think Nigeria, of course, has
suffered from the dropping oil prices. I think things are just now
getting better. But the conversation we need to have with Nigeria, I
think, is in many ways related to the theme that I brought to the table
just this past week, which is investment in human capital. The
percentage of the Gross Domestic Product that Nigeria spends on
healthcare is less than one percent.”
He added, “Despite that, there is so
much turbulence in the northern part of the country, and there is the
hit that was taken from the drop in the oil prices. Nigeria has to
think ahead and invest in its people. Investing in the things that will
allow Nigeria to be a thriving, rapidly growing economy in the future is
what the country has to focus on right now.”
Kim also said, “Focusing on the northern
part of Nigeria, we hope that as commodity prices stabilise and oil
prices come back up, the economy will grow a bit more. But very, very
much important is the need to focus on what the drivers of growth in the
future will be.”
According to the World Bank boss, the
bank will invest in human capital in other parts of Africa in order to
prepare the continent for the next phase of growth.
Lagarde, in her remarks, said Sub-Saharan African countries, including Nigeria, had posted suboptimal growth in recent times.
The growth figures, she said, were far
too small considering the huge demographic potential of Nigeria and
other countries in the region.
As a result, she said the IMF would be
engaging ministers of finance and central bank governors from the region
attending the annual World Bank and IMF meetings on how they could
boost and stabilise economic growth.
Lagarde said, “The Sub-Saharan Africa is
one region of the world where growth is suboptimal. Those countries
grow at an average growth of 2.5 per cent. That is too low for the
demographic expansion of the region.”
The IMF managing director said emerging
and developing economies must invest more in their economies through
infrastructural spending, strengthening safety nets, allowing women more
access to the labour market and carrying structural reforms.
CULLED FROM THE PUNCH NEWSPAPERS OF NIGERIA
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NIGERIA DECIDES!!!I.P.C TASK REPORTERS ON SAFETY
PRESIDENT MUHAMMADU BUHARI AND BUSINESS MAN AND FORMER VICE PRESIDENT,ALHAJI ATIKU ABUBAKAR ARE THE TWO MAJOR CONTENDERS
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