The Defence Headquarters on Monday, declared 19 terrorists wanted and placed N5 million bounty on each of them.
The details of the 19 terrorists are contained in a poster released by the Director, Defence Information, Maj.-Gen. Jimmy Akpor, on Monday in Abuja.
The information on the poster revealed that the N5 million cash reward is for anyone who could provide information that could lead to arrest of one wanted terrorist.
The wanted persons are notorious bandits/terrorists that have been terrorising Katsina, Sokoto and Zamfara States, it said.
The wanted terrorists are as follows – Leko, Sani Dangote, Isiya Kashen Garwa, Alh. Ado Aliero, Ali Kachalla aka Ali kawaje, Monore, Baleri, Mamudu Tanange, Bello Turji Gudda, Dogo Nahaii, Halilu Sububu and Nagona others are Sani Gurgu, Umaru Dan Nigeria, Abu Radde, Nasanda Gwaska Dankarami and Dan- da.
DHQ urged anyone with any information on the wanted terrorists to call 09135904467. (NAN)
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Sri Lanka's government. Photo: Ishara S. KODIKARA / AFP/File Source: AFP
Crisis-hit Sri Lanka said Monday it would take responsibility for $1.7 billion owed to China by state enterprises as it seeks to sell them off and restructure its foreign debt to secure an IMF bailout.
The government of President Ranil Wickremesinghe is in talks with the Washington-based lender as it seeks funding to enable the island to recover from its worst-ever financial crisis.
His predecessor Gotabaya Rajapaksa was forced to flee the country and resign after demonstrators overran his house following months of protests over the unprecedented economic hardships faced by the 22 million population.
Sri Lanka defaulted on its foreign debt in April and the IMF has said its borrowings must be "sustainable" to unlock any new external funding.
That will require its creditors to take a haircut on their loans, but China is its biggest lender and Beijing has given no indication it is willing to do so.
Wickremesinghe said $1.7 billion in loans taken from China's Export-Import Bank by three key loss-making state-owned enterprises (SOE) -- the electricity utility, Port Authority, and Airport and Aviation Services -- would be considered government debt.
Taking the loans off their books will strengthen their balance sheets, which could make them more attractive to buyers or outside investors.
The IMF has said the country should also restructure its loss-making state enterprises.
Wickremesinghe, who is also the finance minister, signalled the selling-off of five state-owned companies, including the national carrier SriLankan Airlines -- which has debts of more than $1 billion -- to reduce the strain on the national budget.
Proceeds from the "restructure" of the companies will be used to boost the country's depleted foreign reserves, he said, without giving estimates.
"A glimmer of hope on emerging from the economic abyss is currently visible," Wickremesinghe told parliament as he presented his first full budget in the legislature.
"After the era of waiting in queues for days and protesting in various occupied places, our sufferings have been eased to some extent and we have reached an era where our peace of mind is much settled."
He said bailout talks with the International Monetary Fund were on track and hoped for a deal with lenders.
"We are confident that these discussions will lead to positive outcomes," he added.
The government revised its external debt figure down from $51 billion to $46 billion.
Just over $14 billion of that is bilateral debt owed to foreign governments, of which China holds 52 percent.
Wickremesinghe, a six-times prime minister, has sharply raised taxes and increased fuel, water and electricity tariffs and rationed petrol and diesel since coming to power in July.
Source: AFP
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A first tranche of nations to take part include Bangladesh, Costa Rica, Fiji, Ghana, Pakistan, the Philippines and Senegal. Photo: Munir uz Zaman / AFP/File Source: AFP
A scheme to give speedy financial support to communities battered by climate disasters was launched Monday by a group of rich and developing nations at the UN COP27 summit in Egypt.
The "Global Shield against Climate Risks" comes as many of the most vulnerable nations are also demanding wider compensation for the "loss and damage" they have already suffered from a heating planet.
The initiative, backed by the G7 and launched with initial funding of more than $200 million, aims to provide "pre-arranged financial support designed to be quickly deployed in times of climate disasters".
The Global Shield project "is long overdue", said Ken Ofori-Atta, Ghana's finance minister and chair of the V20 group of nations most vulnerable to the effects of climate change.
"It has never been a question of who pays for loss and damage, because we are paying for it," he said in recorded remarks at the summit in the Egyptian resort of Sharm El-Sheikh.
"Our economies pay for it in lost growth prospects, our enterprises pay for it in business disruption, and our communities pay for it in lives and livelihoods lost.
He said he hoped the project would help the most vulnerable communities but also aid wider understanding of the challenges emerging economies face as they are being hammered by climate-induced floods, heatwaves or droughts.
A first group of nations that will benefit from the scheme includes Bangladesh, Costa Rica, Fiji, Ghana, Pakistan, the Philippines and Senegal.
Nations at the COP27 agreed this year for the first time to include the thorny topic of loss and damage on the formal agenda, after years of reluctance from richer polluters wary of creating open-ended liability.
Germany said the Global Shield scheme, largely in the form of insurance that pays out immediately after -- or even before -- a climate disaster, would be part of a broader effort to respond to loss and damage.
Svenja Schulze, Germany's minister of economic cooperation and development, stressed that the scheme was not "a tactic" to sidestep calls for a specific loss and damage funding mechanism.
"The Global Shield isn't the one and only solution for loss and damage, certainly not," she said, adding that more funding will be needed to cover more countries.
"Those most affected by climate impacts need practical action now."
The Global Shield is designed to provide a range of financial, social and credit protection and insurance for loss of crops, livestock, property and other goods.
It also promises to support the swift delivery of funds for humanitarian agencies responding to disasters.
A formal loss and damage funding stream would likely go further, also covering longer-onset climate impacts such as sea level rise and threats to cultural heritage.
Besides $170 million from Germany, funding includes $20 million from France, $10 million from Ireland, $7 million from Canada and $4.7 million from Denmark.
France later said its total commitment would be $60 million over three years.
The V20 bloc, made up of 58 developing nations, released research this year that estimated countries had lost some $525 billion to climate impacts since 2000.
Ninety-eight percent of the nearly 1.5 billion people in V20 countries do not have financial protection, it said.
"We're talking about people living under the poverty line, they're not going to be buying insurance," said Rachel Cleetus, lead economist at the Union of Concerned Scientists' climate programme.
"Insurance can help you up to a point but climate change is now creating conditions in many parts of the world that are beyond the bounds of what's insurable," she told AFP, referring to sea level rise, desertification and the mass displacement of populations.
Teresa Anderson of ActionAid International said the scheme showed that the global community recognised the need to act on loss and damage, but said it was a "distraction" from negotiations on a dedicated funding mechanism for climate damages.
"Everyone knows that insurance companies, by their very nature, are either reluctant to provide coverage, or reluctant to pay out," she said. "But when it comes to loss and damage, this is a matter of life and death.
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