NIGER SAYS MILITARY ACTIVITY IN CAPITAL BROUGHT UNDER CONTROL. (PHOTO).

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 Niger says military activity in capital brought under control Niger's defense minister said Saturday that military activity in the capital, Niamey, had been brought under control and security forces had regained control of critical sites that were targeted. Gen. Salifou Mody's remarks were broadcast on national television after heavy gunfire and explosions were reported around Diori Hamani International Airport and the presidential palace in Niamey. Mody said a group of soldiers had "broken away from military order" and attempted to detain some of their fellow soldiers at the Base 101 military facility in Niamey before opening fire on several critical sites in the capital. He said the activity was brought under control thanks to the swift intervention of Nigerien defense and security forces, adding that control was gradually restored in the targeted areas. Mody urged residents of Niamey to remain calm and continue their daily activities as usual.
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NO GOING BACK ON FOREX, SUBSIDY REFORMS- FINANCE MINISTER. (PHOTO).

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 No going back on forex, subsidy reforms – Finance minister


The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, says there is no going back on the current administration’s reforms in the forex and oil and gas sectors.

Edun made this known when he received the newly assigned Minister of State for Finance, Doris Uzoka Anitez at the Ministry’s headquarters, on Monday.

“Nigeria now have a foreign exchange rate that is market based and also a deregulated oil market pricing which are two reforms that are long overdue over many decades that President Tinubu is currently implementing.

“Therefore as co-ordinating minister of economy, we stand on a threshold of a new dawn to implement these reforms and increase productivity, create jobs and reducing poverty and we are glad to have a minister of state that will help in actualizing the President’s reforms,” he said.

According to him, consultation and collaboration is key to achieving these key reforms both from public and private sector, stressing that ongoing economic policies are showing sustainability and sign of success.

The Minister of State for Finance, in her response, restated her commitment to work with stakeholders in both private and public sectors to ensure economic growth is materialized.

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