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Showing posts from May, 2017

WHEN THERE IS NO WATER FOR THE POOR TO DRINk

Tuesday 22 March, 2016 the world will be celebrating World Water Day. A day set aside where different organizations, institution and government agencies will sit in round table to hold seminars and programs to discuss about the shortages of water for a population in the world that is running to 7 billion people. Most of the discussion and seminars of these various agencies will be center on why ‘water” is inevitable in human life, and the need of having a portable drinking water. At the end of this discussion on this particular day where the whole world

CAN CHINA AFFORD ITS BELT AND ROAD? Financing Its Grand Geopolitical Ambitions Will Be Harder Than It Looks. By Christopher Balding

China's just-completed conference touting its Belt and Road initiative certainly looked like a triumph, with Russian President Vladimir Putin playing the piano and Chinese leaders announcing a string of potential deals and massive financial pledges. Underneath all the heady talk about China positioning itself at the heart of a new global order, though, lies in uncomfortable question: Can it afford to do so? Such doubts might seem spurious, given the numbers being tossed around. China claims nearly $900 billion worth of deals are already underway, with estimates of future spending ranging from $4 trillion to $8 trillion, depending on which Chinese government agency

Egypt Sees Inflation Persisting as It Boosts Aid for the Poor. By Tamim Elyan and Ahmed Feteha

Egypt expects inflation to remain above 20 percent next year, as authorities plan an aid package to help lower-income citizens cope with the price surge resulting from the steep weakening of the pound over the past seven months. The planned “social package” to be announced soon, will target public servants, low-income tax payers and recipients of food subsidies, Deputy Finance Minister Ahmed Kouchouk said

Mass struggle Underway in Awodi-Ora Community of Ajegunle, Lagos, against Crazy Bills and exploitation by EKEDC By Fidel Davynovich - DSM Ajegunle

Electricity Struggle Mass Meeting in Ajegunle - photo DSM  The ongoing campaign against electricity exploitation and extortion by the Eko Electricity Distribution Company (EKEDC) initiated by Democratic Socialist Movement (DSM), Ajegunle, on 5 April, 2017 has won wide support and generated mass struggle including mass meetings, community-wide agitations and a protest march. An average of 80 community members often attends each of the mass meetings. The DSM is playing crucial roles in this struggle with a member of the DSM

NIGERIA SEEKS $5.2B WORLD BANK FACILITY TO BOOST ELECTRICITY. By Ediri Ejoh with Agency report

Captured from a protest march in Ajegunle community THE Federal Government is seeking $5.2 billion from the World Bank to expand the country’s electricity generation, the Minister of Power Works and Housing, Mr. Babatunde Fashola, has said.  Fashola who made this disclosure to Bloomberg, said the fund is expected to help the country recover from its first recession in 25 years. According to him, the World Bank’s

UNILAG: Protest successfully forces Release of 13 Unlawfully Detained Students' protesters

In the very hour of 8:00 am on Thursday 6 April, 2017 over one hundred students from different tertiary institutions led by SAVE UNILAG COALITION staged a united protest at the Special Offenses Mobile Court inside Lagos State Task Force Building located at Bolade, Oshodi, Lagos state. The mobile court is a special creation of the Lagos State government – a government bent on literarily whipping to death poor working class families with draconian anti-policies. The April 6 protest was to demand the release of Adeyeye Femi and 12 other students' protesters who were brought before the court on that day for continuation of trial on false charges.