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Nigeria President Buhari to visit London on 10-day vacation

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President Muhammadu Buhari will begin another round of vacation from Friday.

The Special Adviser to the President on Media and Publicity, Mr. Femi Adesina, disclosed this in a statement made available to journalists on Wednesday.

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Adesina said Buhari would be away for 10 working days.

He said Vice-President would stand be the acting President during the period.

The statement read, “President Muhammadu Buhari begins a 10 working days holiday from August 3, 2018.

“In compliance with Section 145 (1) of the 1999 Constitution, a letter has been transmitted to the President of the Senate, and the Speaker, House of Representatives to that effect.

“While the President is on vacation, the Vice President will be in acting capacity as President.

“President Buhari will be in London for the holiday.”

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Business

Absa became the new competitor on the Ethiopia market.

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Absa Bank Of South Africa’s  has become the Latest Multinational Corporation to show Interest in Organizing the Ethiopia market.

Ethiopia has since Prevented Foreign Ownership in Economic Sectors that Includes Banking but Abiy Ahmed has began to take fast Action on the issue since he came to power in April.



Jason Quinn, the bank’s chief financial officer, told reporters that Absa was investigating on how and where to enter in a number of populating market, including Nigeria and Angola.

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Am Entrance made into the Ethiopia market of 100 million People, would be part of a Scheme made by Absa after it break from Britain’s Barclays in 2017.

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Ethiopia has plans to liberalise state-owned companies including Ethiopian Airlines, Ethio Telecom, Ethiopian Shipping & Logistics Services Enterprise, and Ethiopian Electric Power, in order to attract foreign direct investment and stimulate growth.

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Motherland News

Black box of the Ethiopian Airline Crash recovered.

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The United Nations described the Sunday crash of the Ethiopia airline as disastrous saying it has cost them a great loss.



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Michael Moller, director-general of the U.N. European head garters said this was the worst loss suffered in years in Geneva in a statement where 150 people where gathered.

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Investigators in Ethiopia have recovered the black box from the ill-fated Ethiopian airline this Sunday.

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