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In southern Libya, IOM rehabilitates 18 water wells.

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International Organization for Migration has completed the rehabilitation of 18 water wells in 12 (out of 14) neighborhoods of the Libyan city of Sabha (Manshiya, Mashroo’, Hajara, Aljadeed, Almahdiya, Abdelkafi, Althanawiya, Sukara, Gurda, Tyori, Nasriya, and Junga).

The project, part of IOM’s Community Stabilization programme “Together We Rebuild,” included the provision of new electrical pumps for wells to allow the restoration of a domestic water supply.

For the rehabilitation IOM relied on with funding from the European Union. The United Nations migration agency contracted two local enterprises from Sabha. Activity was closely coordinated and supported by local authorities, in particular the Water and Waste Company in Sabha, the owner of the water wells.

The implementation of this project comes at a critical time when the city of Sabha has been suffering from an on-going water crisis, which is particularly critical during the summer season when water consumption increases.

The implementation of this project comes at a critical time when the city of Sabha has been suffering from an on-going water crisis

“We highly appreciate the support of the EU and the efforts made by IOM in rehabilitating 18 water wells in Sabha city, which has been suffering from serious shortage in water supplies. This support comes at a critical time when the Water and Waste Water Company is in need of such support to help us maintain this essential service to the people of the city,” explained engineer Mohammad Aboul-Qassem Yaqa, the Head of Works and Maintenance Department at the Water and Waste Water Company.

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Added Libya’s Minister of Local Government, Badad Ganaso Abdul Jaleel: “The Ministry of Local Government in the Government of National Accord supports IOM initiatives to promote community stabilization in the South of Libya. We are confident that the people of Sabha and the South in general urgently need these important projects, especially in these difficult times.”

The identification of the need for the rehabilitated water wells came as the result of a series of community meetings conducted by the Community Management Committee (CMC), which was formed by IOM and which includes influential representatives from various tribes and social figures of the city. The CMC met with the community members in the various neighborhoods, all of whom identified the rehabilitation of the water wells as their communities’ top priority.

The EU Ambassador for Libya, Bettina Muscheidt, explained that the EU supports Libyan efforts to end the current crisis through a political solution. “In the meantime,” she said, “Libya’s people cannot wait. Families across the country are in dire need of services. They want a return of normality. This is where this partnership between the Water and Waste Company in Sabha, the IOM and the EU can make a difference to improve lives and alleviate the suffering in an area where many different communities have been affected by the conflict.”

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“The EU will continue supporting, through similar local initiatives, the economic and political stabilization of the South of the country,” added the EU Ambassador Muscheidt.

“IOM thanks the Ministry of Local Government, the EU, the local municipality and the CMC for their continuous support, this project will facilitate access to water for thousands of people. We will continue to address the most urgent needs identified by the communities,” concluded IOM Libya Chief of Mission Othman Belbeisi.

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Senate Approves Tinubu’s $500m Loan for Power Sector Boost

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The Nigerian Senate has approved President Bola Tinubu’s $500 million loan request intended to bolster the operations of the Bureau of Public Enterprises (BPE) to enhance the financial and technical performance of electricity distribution companies, ultimately benefiting citizens.

The endorsement, announced on Tuesday, follows a thorough examination of the report presented by Senator Aliyu Wamakko, who heads the Senate Committee on Local and Foreign Debts overseeing the 2022 – 2024 External Borrowing (Rolling) Plan specifically for the Bureau of Public Enterprises (BPE).

During the presentation of the report, Senator Haruna Manu, serving as the Vice Chairman of the Committee, emphasised the importance for the Senate to duly receive and deliberate upon the report of the Committee on Local and Foreign Debts concerning the 2022 – 2024 External Borrowing (Rolling) Plan for the Bureau of Public Enterprises (BPE).

The $500 million loan constitutes a portion of the $7.94 billion loan originally requested by President Bola Tinubu on November 1st, 2023, within the framework of the 2022-2024 external borrowing plan. In addition to the $500 million, President Tinubu also sought approval for a €100 million loan.

However, during a special plenary session on December 30, the Senate greenlit the borrowing of $7.4 billion after careful consideration of the report furnished by the Committee on Local and Foreign Debt.

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Melinda Gates Resigns from Gates Foundation, Set to Receive $12.5 Billion

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In this file photo taken on September 26, 2018, Bill Gates and his ex-wife, Melinda Gates, introduce the goalkeepers event at the Lincoln Center in New York. Ludovic MARIN / AFP

Melinda French Gates announced Monday she was leaving the philanthropy mega foundation she established with her ex-husband, Microsoft co-founder Bill Gates.

The resignation, which becomes effective on June 7, will leave Bill Gates as the sole chair of one of the world’s most influential and powerful non-governmental organizations.

“After careful thought and reflection, I have decided to resign from my role as co-chair of the Bill & Melinda Gates Foundation,” Melinda French Gates wrote in a statement posted on social media.

The statement gave no reason for her departure, but noted that “under the terms of my agreement with Bill, in leaving the foundation, I will have an additional $12.5 billion to commit to my work on behalf of women and families.”

The couple married in 1994 but announced their divorce in 2021.

They had continued to co-chair the foundation which they established in 2001 with the vast wealth acquired through the success of Microsoft.

With a focus on child poverty and preventable diseases, the foundation has been heavily involved in fighting malaria and in providing toilets and sanitation in poorer parts of the world.

The foundation’s website says it has spent $53.8 billion since 2000, and claims the number of children around the world who die before their fifth birthday has halved in this time.

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Bill Gates thanked his ex-wife for her “critical contributions” to the organization.

“As a co-founder and co-chair Melinda has been instrumental in shaping our strategies and initiatives, significantly impacting global health and gender equality,” he said.

“I am sorry to see Melinda leave, but I am sure she will have a huge impact in her future philanthropic work.”

The organization’s chief executive, Mark Suzman, said its name would change to simply the Gates Foundation — it has been known as The Bill & Melinda Gates Foundation.

“I truly admire Melinda, and the critical role she has played in starting the foundation and in setting our values, she has played an essential role in all that we’ve accomplished over the past 24 years,” he said in a video posted to social media.

“I will miss working with her and learning from her. I look forward to seeing her continued impact.”

 

 

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EFCC calls on banks’ compliance officers to uphold confidentiality

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The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has urged Compliance Officers of Banks nationwide to refrain from unauthorised disclosure of EFCC’s investigative activities and requests made to banks’ customers.

Speaking through the Acting Zonal Director of the Ibadan Zonal Command of the EFCC, ACE I Hauwa Garba Ringim, during a stakeholders’ meeting with Compliance Officers of Banks in Oyo State on Tuesday, Olukoyede emphasised the detrimental impact such disclosures have on the investigation of financial crimes and the timely filing of corruption cases in court.

Olukoyede expressed concern over the tacit support fraudsters receive from the Nigerian banking sector, highlighting the challenges it poses to the Commission.

He urged Compliance Officers to promptly respond to EFCC’s correspondence with certified true copies of relevant documents, as this facilitates swift investigation processes.

Also, Olukoyede addressed the illegal trading of naira with Point-of-sale (POS) operators, stressing the need to curtail such practices for the benefit of Nigerians.

In response to the chairman’s directives, Compliance Officers assured the EFCC of their unwavering support and commitment to enhancing collaboration between the Commission and banks for more effective anti-corruption efforts.

 

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