PUTIN WOOS AFRICAN LEADERS AT SHOWCASE SUMMIT, SAYS RUSSIA IS BETTER PARTNER THAN 'COLONIAL' WEST. (PHOTO).

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 Putin woos African leaders at showcase summit, says Russia is better partner than 'colonial' West President Vladimir Putin told African leaders ​on Wednesday that Russia was their best partner, accusing what he cast as a colonial West of still trying ‌to exploit the continent's resources and using debt to hold back development, Reuters reported. The Kremlin chief was speaking at the third Russia-Africa Summit in Moscow, a two-day event attended by African leaders and government delegations from 48 countries, during which he will hold one-on-one talks with many of the 22 individual African leaders ​attending on everything from trade to security, arms deals and grain supplies. "Africa is increasingly asserting itself as one of the key players in the global economy and politics. However, the emergence of a multipolar world is, of ​course, no easy task; it faces resistance from countries that are not prepared to accept this reality: those who are accustomed to ​thinking i...

CBN GOVERNOR WAS SUMMONED TODAY BY THE SENATE,AS NAIRA IS BEING EXCHANGED FOR N305 TO $1,TODAY.

               Today thursday,the Nigerian Senate summoned the Central Bank of Nigeria {CBN} Gover,Mr Godwin Emefiele over the continuous depreciation of naira.The upper chamber said that Emefiele should appear before it by 11:00 am,on teuesday January 19,2016 to explain the continuous weakening of the Naira against the Dollar.The invitation followed a Point of Order raised by the Senate Leader,Senator Mohammed Ali Ndume,over the matter.Senate President,Abubakar Bukola Saraki,asked Senator Ndume to convey Senate's resolution inviting him to the CBN governor.Ndume said it was expedient for the Senate to invite the CBnN governor to brief it on the free fall of the naira.''As of toda,naira is exchanged for N305 to one dollar.In view of this worrisome situation an the fact that we all know that this country depends so much on imported materials and even food,there is a need for this Senate to as a matter of urgency call,invite or summon the governor of CBN to explain this situation and to provide the necessary solution to this situation.One more photo below.                       

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