M23 SAYS HUNDREDS OF BURUNDI SOLDIERS CAPTURED IN LATEST CONGO OFFENSIVE. (PHOTO).

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 M23 says hundreds of Burundi soldiers captured in latest Congo offensive The Rwanda-backed M23 group has captured hundreds of Burundian soldiers during its latest offensive in eastern Democratic Republic of Congo, a rebel official said, as clashes continued despite a warning from the Trump administration. Last week M23 entered the strategic town of Uvira near the border with Burundi, less than a week after the presidents of Congo and Rwanda met in Washington with U.S. President Donald Trump and affirmed their commitment to a peace deal known as the Washington Accords. U.S. Secretary of State Marco Rubio said on Saturday that Rwanda's actions in eastern Congo violated the Washington Accords and vowed to "take action to ensure promises made to the President are kept". Rwanda denies supporting M23 and has blamed Congolese and Burundian forces for the renewed fighting. A United Nations group of experts report published in July said Rwanda exercised command and control over t...

SENATE PASSED THE BUDGET BENCHMARKS FOR 2018-2020,TODAY.{PHOTO}

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    Today at the Nigerian Senate, we passed the budget benchmarks for the 2018-2020 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) in accordance with the Fiscal Responsibility Act of 2007.
We also approved the following benchmarks:
- N2.3 million barrels per day; 
- $47 barrel per day as benchmark price of 2018; 
- Exchange rate of N305 to $1; 
- N5.279 trillion for non-revenue oil in 2018; 
- N1.6999 trillion for new borrowing for 2018; and 
- An estimated 3.5% growth rate.
It is our hope that all the relevant revenue generating agencies will meet their targets.In the areas of the oil and gas sector, the Ministry of Petroleum and the NNPC must work to ensure that the benchmark for production that we passed must be met.
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