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http://ift.tt/eA8V8J Egypt says it has allocated 145 billion Egyptian pounds ($8 billion) for fuel subsidies and 80 billion pounds for electricity subsidies in its budget for the 2017-18 fiscal year. A cabinet statement on Monday in Cairo said the fiscal year would begin in July. Egypt in November signed a $12 billion three-year International Monetary Fund loan agreement that includes sweeping economic reforms, including subsidy cuts. The government has not said when it would next hike fuel prices.   The post Egypt begins fuel, electricity subsidy with $8b, 80 pounds in 2017 budget appeared first on Vanguard News . Vía Vanguard News http://ift.tt/2rWvKN3 via Blogger http://ift.tt/2qQm3vc

http://ift.tt/eA8V8J Egypt says it has allocated 145 billion Egyptian pounds ($8 billion) for fuel subsidies and 80 billion pounds for electricity subsidies in its budget for the 2017-18 fiscal year. A cabinet statement on Monday in Cairo said the fiscal year would begin in July. Egypt in November signed a $12 billion three-year International Monetary Fund loan agreement that includes sweeping economic reforms, including subsidy cuts. The government has not said when it would next hike fuel prices.   The post Egypt begins fuel, electricity subsidy with $8b, 80 pounds in 2017 budget appeared first on Vanguard News . Vía Vanguard News http://ift.tt/2rWvKN3

http://ift.tt/2rQyICo Africa’s foremost financial institution, Access Bank PLC , is pleased to announce the launch of its family savings and rewards scheme tagged the Access Bank Family Fortune Promo.   Fantastic prizes are up for grabs including houses, cars, LED TVs, Dubai holiday tickets and cash prizes of up to N1 million. All of these will be redeemable in weekly, monthly and mega random selections. Participating family members can be new or existing customers of Access Bank. Each must have at least N20, 000 in an individual savings account that is linked to a Family Identification Number (Family ID), forming a Family Banking Scheme . Additionally, accounts can also fall under any of the following Access Bank accounts – Early Savers Scheme (0-18 years), Solo Account (18–28 years), Premier or Target Savings and Evergreen Account (60+ years).   A total of N150,000 for seven days is the least cumulative amount a family must retain to qualify for the weekly selections....

http://ift.tt/eA8V8J A senior aide to President Donald Trump is leaving the job, the White House said on Tuesday, as the president considers wider staff changes amid growing political fallout over probes into Russia and his presidential campaign. White House Communications Director Mike Dubke confirmed reports he had resigned, saying in a statement, “It has been my great honor to serve President Trump and this administration.” Dubke, who had been in the job just three months, gave no reason for leaving. Trump, who returned to Washington on Saturday after a nine-day trip to the Middle East and Europe, has been expected to shake up staff to tackle the distracting firestorm over investigations into alleged Russian meddling in the 2016 presidential election and communication between Russia and Trump’s campaign. He plans to bring in new aides to the White House, adding experienced political professionals including a former campaign manager, according to administration officials and pers...

http://ift.tt/2s3o6wr A Sri Lankan commuter pushes his motorbike through floodwaters on an expressway in the suburb of Athurugeriya in the capital Colombo on May 26, 2017. Landslides and floods killed at least 25 people and left another 42 missing in Sri Lanka following heavy monsoon rains on May 26, the Disaster Management Centre said. / AFP PHOTO / Ishara S. KODIKARA Flooding and landslides killed at least 91 people and left another 110 missing in Sri Lanka as the monsoon set in Friday, dumping record rainfalls in many parts of the island, authorities said. About 20,000 people were also driven out of their homes in the south and western parts of the country, the Disaster Management Centre said. “The Southwest monsoon began with very intense rain,” deputy minister for disaster management Dunesh Gankanda told reporters in Colombo. “There are some areas where we are unable to reach, but relief operations are under way.” The DMC said the toll rose to 91 dead and another 110 ...

http://ift.tt/eA8V8J The Inspector- General of Police, Mr Ibrahim Idris, says the Nigeria Police have concluded arrangements to recruit 30,000 personnel annually. Idris, represented by Mr Shuaibu Gambo Deputy Inspector-General of Police (DIG) in charge of Finance and Administration, made the disclosure on Tuesday in Ilorin while addressing officers and men of Kwara Police Command. “The fight against crime and criminality will not be successful without adequate manpower. “Recruitment of 30,000 personnel on a yearly basis will not only increase manpower, but also give room for efficiency in the force,“he said. The I-G said plans were underway to establish more area commands across the country to create opportunities for promotion of qualified officers and men. He said N200 million had been set aside for payment of the entitlement of police pensioners. He added that the era when police officers retire for many years before being paid their entitlement was over. He said that th...

http://ift.tt/eA8V8J The European Union completed the preparations necessary to begin talks over Britain’s exit from the bloc on Monday after the remaining 27 EU member states signed off on the final details of the bloc’s negotiating mandate. While the approval means that the EU now stands ready to begin talks, negotiations are expected to commence only during the week of June 19, after the bloc had said it would wait for the outcome of Britain’s general election on June 8. “I hope to organise the first round of negotiations as soon as possible, hopefully the week of June 19,” EU chief Brexit negotiator Michel Barnier said on Monday. He said he wanted to give a first report on the negotiations to EU leaders during an EU summit set for June 22 to June 23. During the meeting, European affairs ministers approved a package authorizing the opening of negotiations, nominating the European Commission as the party negotiating on the EU’s behalf and adopting detailed directives for the tal...

http://ift.tt/eA8V8J Gov. Abubakar Atiku Bagudu has approved the release of N274.4 million for the payment of the students registration fees and scholarship to students in foreign institutions. . This is contained in a statement by Alhaji Abubakar Dakingari, the press secretary to the governor and made available to newsmen in Birnin Kebbi on Sunday. According to the statement, the sum of N175 million would be used for the settlement of students registration fees and scholarship to students in foreign institutions. According to the statement, the registration fees was for students in colleges of education in Kebbi, Sokoto, Dakingari and Zaria and the universities in Kano, Sokoto, and Kaduna polytechnic as well as college of Basic Studies in Yauri. It added that the sum of N28.4 million was for the renovation of structures in the ministry of education, staff training and sustenance of education exchange programmes. The government also released N56 million for the evacuation of refu...

http://ift.tt/eA8V8J The New Nigeria People’s Party (NNPP) has said it will present candidates in the July 22 local government elections only in 15 of the 57 council areas of the state. The state chairman of the party, Malam Shakirudeen Olofin, made the disclosure in an interview with newsmen in Lagos on Sunday. Lagos State has 20 Local Government Areas and 37 Local Council Development Areas (LCDAs). Olofin said the party would present candidates in Ayobo/Ipaja LCDA, Agbado-Oke Odo LCDA, Mosan-Okunola LCDA, Oshodi/Isolo LGA, Oriade LCDA, Eredo LCDA, and Ikotun-Igando LCDA. He listed other areas as Badagry LGA, Somolu LGA, Kosofe LGA, Ikeja LGA, Epe LGA, Apapa LGA ,Apapa LGA and Ajeromi Ifelodun LGA. The chairman said the decision of the party to contest only in these council areas was a deliberate strategy to focus on its areas of strength and manage resources. “You know elections are capital intensive. But we do not have enough resources to cover all the council areas of the st...

http://ift.tt/eA8V8J By Anthony Ogbonna The National Assembly, Thursday, for the first time, published the details of its budget, beginning with the 2017 budget, to underscore transparency as earlier promised by the President of the 8 th Senate, Dr. Bukola Saraki. Revealing to newsmen on Thursday, Senate President, Bukola Saraki, in a series of tweets, said that the “budget breakdown for @nassnigeria has been released.” The National Assembly budget which went from a one line item to a detailed 33 pages has been hailed from various quarters as being a promise kept by the leadership of the 8 th senate. The budget showed that the National Assembly has budgeted N125bn as against N115bn in 2016. A summary of the Proposed #2017Budget as made public by the senate showed that the National Assembly gets N14.9bn. While Senate gets a total of N31.3bn, the House of Representatives gets N49bn. The National Assembly Service Commission gets N2.4bn while the legislative aides get a budget of...

http://ift.tt/2pvcMs1 PHOTO:AFP Real Madrid captain Sergio Ramos insists the European champions will not be cowered by an intimidating atmosphere as they visit Atletico Madrid’s Vicente Calderon for the final time on Wednesday. Los Blancos are looking to seal their place in the Champions League final once more and enjoy a commanding 3-0 first leg lead. And Ramos hit back at the simplification of the rivalry between the two Madrid giants as Real’s riches against Atletico’s hard work. “It seems like here we have grown up in Beverly Hills,” said Ramos on Tuesday. “Here there are people from humble backgrounds too. “The sacrifice is what fills you with desire to win.” An already intense rivalry has reached new levels in recent seasons as under Diego Simeone Atletico’s status and ability to challenge Real has grown. However, the red and white side of Madrid has consistently fallen short against Real in the Champions League. Unless they pull off a remarkable comeback, Atleti...