The Minister of Finance, Nicolas Kazadi, urges the operators of the mining sector to work for the development of the DRC. It is the first time that the Finance Minister has exchanged with some of the primary contributors of revenue to the national treasury.
During this meeting, Nicolas Kazadi announced the creation of an investment fund for the diversification of the Congolese economy. This initiative is being developed to contribute to mechanisms of stabilization for the economy and especially open the process of perennial development, an essential goal for His Excellency President Félix Antoine Tshisekedi Tshilombo.
According to the Minister of Finance, the mining sector remains a vital component of the Congolese economy. The mining code was designed to attract foreign investors and the rapid rise of this sector has allowed the state to maximize revenues despite the structural problems that remain.
The Inspector-General of Finance, Mr. Jules Alingete, was equally present in this session. He urged the mining operators to comply with legal provisions, such as the payment of VAT, and the repatriation of export revenues which the Finance Minister requested during the meeting. Jules Alingete also insisted on the importance of restoring order so as to increase public revenues and special attention was brought to the more rational use of mining resources in order to stimulate the development of local communities.
In addition to the legal and fiscal debate for effective management of the mines for future generations, a proposal was brought forward to strengthen this dialogue by holding regular meetings under the leadership of the Ministry of Finance to examine the different issues thoroughly. This proposal made by Louis Watum, the President of the Chamber of Mines, was immediately adopted to mend the atmosphere of mistrust that was previously apparent between the Congolese government and operators in the mining sector.
Another subject of lively debate is customs disputes. For some mining operators, this issue is simply a matter of optical illusion, with customs officials often presenting unfounded figures to the Congolese State. To ease the tension, the Minister of Finance, Nicolas Kazadi, reminded his audience of the necessity of forming an arbitration commission, as stated in the customs code, to clear up any misunderstandings.
Though it possesses several deposits of various minerals (including copper, cobalt, gold, and diamonds), the DRC only exploits a dozen of these deposits. This is why the Minister of Finance, Nicolas Kazadi, is working on setting up a hotline to regularly record the opinions of all parties on the various solutions to tackle the challenges faced by the mining sector.
Over 8,000 Nigerian Doctors Now Work In UK, 353 Registered In The Last 100-Day
The United Kingdom (UK) registered about 353 Nigerian doctors in the last 100 days, according to data from the General Medical Council – the body which licenses and maintains the official register of medical practitioners in the UK.
The GMC licensed at least 353 Nigerian-trained doctors between June 10, 2021, and September 20, 2021.
The statistics also showed that between July 24, 2020, and September 21, 2021, about 862 Nigeria-trained doctors were licensed in the UK despite the COVID-19 pandemic.
The data also showed that 8,737 doctors who obtained their degrees in Nigeria currently practice in the UK.
Officials of the National Association of Resident Doctors are speculating that the rate of migration might double in the coming weeks since doctors were not given the right remuneration.
They said that many Nigerian doctors are migrating to Saudi Arabia, which might be more than those moving to the UK.
A poll by NOI in 2018 showed that 88 percent of Nigerian doctors were considering work opportunities abroad, but experts say the figure may be higher due to the rising insecurity and economic crunch.
Elections in Africa Must Follow Democratic Process – Osinbajo
Africans must continue to make the extra effort in ensuring that elections in the continent go through the democratic process, remain transparent and fair, according to Vice President Yemi Osinbajo, SAN.
He said this yesterday while receiving the President-elect of Sao Tome and Principe, Mr. Carlos Manuel Vila Nova who paid him a courtesy visit at the Presidential Villa.
On the 18th of July, 2021, elections were held in Sao Tome to replace President Evaristo Carvalho, whose tenure expired on 3rd September, 2021. Based on constitutional provisions, an outright winner did not emerge from the polls and a run-off led to the emergence of Mr. Vila Nova, who would be sworn in 2nd October, 2021.
According to Prof Osinbajo “there is no question at all that for those of us in Africa, we must make the extra effort to ensure that the democratic process is very transparent. It is such a pleasure to see that that was what took place in your country which led to your election.”
Speaking about areas of cooperation between both countries, the Vice President said, “we already talked about some of the areas of cooperation…your tenure might be an opportunity to bring some of those things to fruition.”
Prof Osinbajo reassured Mr. Manuel Vila Nova of Nigeria’s support to ensure that “your tenure is as comfortable and effective as possible as partners and friends.”
In his own remarks, President-elect Vila Nova expressed appreciation to President Muhammadu Buhari for supporting Sao Tome and also thanked the Vice President for his attention, stating that Nigeria is a “friendly country” and the relationship between both countries dates back many years.
In attendance at the meeting were the Minister of State for Foreign Affairs, Ambassador Zubairu Dada, and a member of the Sao Tome and Principe’s cabinet, Mr. Americo de Oliveira Ramos.
Ethiopian Airline To Resume Flight To Enugu Oct. 1st
The Ethiopian Airline said on Sunday it would resume flights to Enugu as from Oct. 1, two years after it suspended flight to the South-Eastern state.
The airline’s General Manager, Shimeles Arage, who confirmed the proposed resumption in a statement issued in Lagos on Sunday, said that every week there would be a flight on Wednesday, Friday and Saturday, with B787 Dreamliner.
“Oct. 1 is Nigeria’s Independence Day and the flight to Enugu on that day will reinforce Ethiopian Airline good relations with Nigeria since the first flight to Nigeria in 1960,” he said.
Arage recalled that the airline stopped flights to Enugu in 2019 when the Nigerian aviation authorities closed the airport to refurbish the runway.
He said before the closure of the airport for runway repairs, Ethiopian was the only international airline flying to Enugu.
The airport was officially re-opened to domestic flights in 2020 and to international flights in Aug. 2021.
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