ATIKU APOLOGIZES TO NIGERIAN TEACHERS, CITING 'FAILED LEADERSHIP' AMID ECONOMIC HARDSHIP. (PHOTO).

Image
 Atiku Apologizes to Nigerian Teachers, Citing 'Failed Leadership' Amid Economic Hardship Abuja, Nigeria - Former Vice President and Presidential Candidate of the African Democratic Congress, Atiku Abubakar, has issued a heartfelt apology to Nigerian teachers, attributing their current economic plight to what he described as the 'failed leadership' of the nation. In a statement released on Monday by his spokesperson, Abubakar expressed deep concern over the escalating cost of living, which he stated is severely hindering teachers' ability to provide for their families and effectively carry out their crucial educational duties. Abubakar, a staunch advocate for education, took a moment to laud the immense sacrifices made by Nigerian educators. Reflecting on his own formative years, he shared a personal connection to the teaching profession. "Of course, I appreciate Nigerian teachers. I am a product of their work and the education I received in their classrooms,...

SENEGAL AIMS TO FINALISE IMF PROGRAMME 'VERY QUICKLY', FINANCE MINISTER SAYS. (PHOTO).


 Senegal aims to finalise IMF programme 'very quickly', finance minister says


Senegal hopes to finalise a programme with the International Monetary Fund "very quickly", its finance minister said on Tuesday, adding that progress had been made on multiple issues related to managing the country's debt crisis.


The West African nation is trying to tame debts that the Fund said hit 132% of GDP at the end of 2024 after the current leadership uncovered billions in debts that were not reported by the previous administration.


The IMF froze a $1.8 billion loan package last year, though it said this month that "significant progress" had been made towards a new programme even as work continued on an internal investigation into how the IMF failed to detect the unreported debt.


Speaking to lawmakers on Tuesday, Finance Minister Cheikh Diba also said the discussions were "going very well" with consensus reached on issues including data correction and work continuing on "budgetary and debt issues".


The IMF is "reviewing the work we are doing with them, the proposals we have, the instruments we have developed," he said.


A new IMF mission chief is due to start work in January and "we hope... that we will very quickly finalise a programme with the International Monetary Fund, as this is a pressing need," Diba said.


His tone differed markedly from Senegal's Prime Minister Ousmane Sonko who last month told a rally that the IMF was pushing for Senegal to restructure its debt, a scenario Sonko said his government was resisting because it would be a "disgrace".


Diba also said Senegal would continue to raise funds using a host of instruments including Eurobonds.

Comments

Popular posts from this blog

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

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

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.