REBELS TO WITHDRAW FROM KEY DR CONGO TOWN 'AFTER US REQUEST'. (PHOTO)

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 Rebels to withdraw from key DR Congo town 'after US request' The M23 rebel group has said it would withdraw from the eastern DR Congo town of Uvira at the request of the US administration, which had criticised seizure of the town last week as a threat to mediation efforts. The rebels entered Uvira, on the border with Burundi, less than a week after the presidents of Congo and Rwanda met with US President Donald Trump in Washington and affirmed their commitment to a peace deal known as the Washington Accords. US 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." A report by a United Nations group of experts in July said Rwanda exercised command and control over the rebels. Rwanda denies supporting M23 and has blamed Congolese and Burundian forces for the renewed fighting. Corneille Nangaa, leader of the Congo River Allia...

WHAT VP OSINBAJO SAID ON THE SIGNING OF THE AFRICA FREE TRADE ACT AT THE FINANCIAL TIMES SUMMIT,DEBUNKING A NEWSPAPER HEADLINE.#PRESS RELEASE.

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    Our attention has been drawn to a misleading newspaper headline stating that, “Signing the AfCTA will hurt Nigeria’s private sector, Osinbajo says”.
This newspaper headline is unsupported and wrongly alluded from the keynote interview Vice President Yemi Osinbajo, SAN, had with David Pilling (Africa Editor, Financial Times), at the Financial Times Nigeria Summit at the Eko Hotels & Suites, Lagos State, on Thursday, 31st May, 2018.
What VP Osinbajo said at the Financial Times Nigeria summit was that further official consultations needed to be done with the private sector.
He also noted that the President sought to hold proper consultations and necessary engagements to the satisfaction of the private sector.
Below are excerpts from the interview.
Q: Why hasn’t Nigeria signed the African Free Trade Agreement yet?
Vice President: I don’t think the question is whether we would not sign, I think what we would sign is probably a more important thing for us; what would we sign, what sort of negotiations would go on?
Nigeria has one of the most vibrant private sectors. Manufacturers associations, in particular, and several others felt that we shouldn't go into this without further consultations, and we wanted to know exactly what specifically in terms of negotiations that will follow the signing of the framework. And it was the President’s opinion that it would be much wiser for us to suspend the signing until all of those engagements had been done to the satisfaction of the private sector. We work very closely with the private sector in practically everything that we have done.
For us, it is important to sit back, take a look at those negotiations first before heading into the framework, which is really what we are doing at the moment. So, where we are is that we are looking at the nitty gritty and we are trying to be sure how it is going to play for our private sector people, for industry, for trade, etc. We are not saying we are going to renegotiate the framework; the framework is already there. Our greater concern is for the specifics. And we are at a point where before we go into that, we will certainly make sure that we are happy with the terms and conditions.
Released by:
Laolu Akande
Senior Special Assistant to the President on Media and Publicity
Office of the Vice President   
4th June, 2018
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