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Nigeria General Elections postponement not politically influenced – INEC

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Nigeria’s electoral body, Independent National Electoral Commission (INEC) has cleared the air, saying its decision to postpone the general elections a few hours to the commencement was not politically influenced.



INEC chairman Mahmoud Yakubu said at a press conference that “The decision has nothing to do with security, nothing to do with political influence and nothing to do with lack of resources.”

The postponement heightens the political tensions in the country, especially between the ruling All Progressives Congress and the main opposition People’s Democratic Party.

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The parties have accused INEC of kowtowing down to the political influence exerted by either party to postpone the elections which ought to begin the presidential and National Assembly elections on Saturday, February 16 2019.

PDP and APC faulted INEC’s decision to reschedule the presidential and National Assembly elections will hold on February 23 while the governorship and state houses of assembly elections will take place on March 9.

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Crime

Ugandan Woman Bags 20 years jail term for killing husband

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A Uganda High Court has sentenced a 27-year-old woman, Jackline Nakku, to 20-years in jail for murdering her husband on Valentine’s Day in 2018.

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The High Court in Mukono District in central Uganda found her guilty of murdering her husband Eric Kiddu after hitting him several times on the head with an iron bar.

After the murder Nakku attempted to make the killing appear to be the result of an attack by unknown people by screaming and running to neighbours to ask for help. His body was later found in a pool of blood with a panga and brick besides it, the Daily Monitor reported.

The couple had quarrelled shortly before the bloody encounter with a misunderstanding leading to Kiddu’s death.

Nakku was advised by the judge to appeal the sentence if she was dissatisfied as relatives of both husband and wife argued outside the court, trading accusations.

-IOL News

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Business

Egypt Ranks 2nd Amidst World Emerging Economies.

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Amidst the 21 most flexible emerging economies worldwide, Renowned Bloomberg has listed Egypt’s economy behind Philippines in the face of the global trade war.

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In its analysis, the Bloomberg agency relied on a set of criteria, most important of which being the GDP growth rate, local currency performance against international currencies, foreign exchange reserves, credit rating, and finally current account performance.

The Egyptian cabinet’s Media Center said in a statement on Monday that indicators of the Egyptian economy improved significantly during the recent period, most notably the choice of the Egyptian pound as the second-best performing currency in the world against the US dollar this year so far, according to Bloomberg.

Of these indicators, GDP growth in the third quarter of fiscal year 2018/2019 reached 5.6 percent, alongside a rise in net foreign exchange reserves by the end of May 2019 to US$44.3 billion, with the current account deficit as a percentage of the GDP declined from 6.1 percent in 2016/2017 to 2.4 percent in 2017/2018.

The statement added that the Egyptian credit rating achieved its best level since 2011 after the agencies of Moody’s, Fitch and Standard & Poor’s upgraded Egypt’s credit rating.

-Egyptian Independent


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