EVERY HISBAH OFFICER IS A PEACE AND SECURITY AMBASSADOR IN HIS COMMUNITY.(PHOTO). #PRESS RELEASE

Image
 Press Release: Every Hisbah Officer Is a Peace and Security Ambassador in His Community. Kano State Governor Alh.Abba Kabir Yusuf has reaffirmed the determination of his administration to ensure security and peace  for the protection of lives and property across the state. The Governor, represented by the Commissioner for Religious Affairs, Sheikh Ahmad Tijjani Sani Auwal, made the commitment during a stakeholders meeting on the contribution of shari'a sector institutions toward promoting peace and security in Kano State. The meeting was organized by the Kano State Hisbah Board and held at the Coronation hall Government House, Kano. He emphasized that security is a collective responsibility and urged the Hisbah Board to focus more on providing intelligence reports to conventional security agencies, rather than limiting efforts to moral enforcement alone. The Governor also called on the Zakkat and Endowment Commission to develop a structured system for collecting zakkat from w...

UN CHIEF WARNS OF UNREST DUE TO FAILURE TO GRANT AFRICA DEBT RELIEF. (PHOTO).


 UN chief warns of unrest due to failure to grant Africa debt relief


African countries' inadequate access to debt relief is a recipe for social unrest, United Nations Secretary-General Antonio Guterres said on Thursday, proposing fresh reforms to the international financial architecture, TRT Afrika reported.


A growing debt crisis across the one billion-strong continent has seen a conflagration of civil unrest in recent months, after protests in Kenya, where police clashed with demonstrators rallying against proposed tax hikes. There were similar demonstrations in Nigeria and Uganda over the cost of living.


African nations have been seeking to restructure their debts through a rework architecture designed by the G20 called the 'Common Framework,' but the scheme did not as expected expedite talks between a myriad of leaders from Chinese state-owned banks to London-based asset managers and New York banks.


Zambia in June became the first country to successfully restructure its debt through the scheme, more than three years after it defaulted on its loans.


Guterres told a major China-Africa cooperation summit in Beijing that Africa's debt "situation is unsustainable and a recipe for social unrest".


"They have no access to effective debt relief, scarce resources, and clearly insufficient concessional funding to respond to the basic needs of their population," he said.


Guterres proposed "deep reforms to the outdated, ineffective and unfair international financial architecture" and further stimulus "to provide developing countries with the liquidity they need while seeking medium- and long-term solutions."


Beijing, the world's biggest bilateral lender, is hosting 50 African nations for the ninth Forum on China-Africa Cooperation Summit this week, at which China's President Xi Jinping pledged 360 billion yuan ($50.70 billion) in fresh financing to the continent over the next three years.


China approved loans worth $4.61 billion to Africa last year, the first annual increase since 2016.


Guterres said China's initiatives across Africa could drive a "renewable energy revolution" and "be a catalyst for key transitions on food systems and digital connectivity."

Comments

Popular posts from this blog

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

THE NEW OONI OF ILE-IFE,WILL NOT EAT THE HEART OF THE LATE OONI-PALACE CHIEFS.