Britain and EU to review the cut of lnternational Development Foreign Aid money to Nigeria

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Nigeria not poor, no more financial assistance, EU says
June 29, 2017Agency Report

Mr Arrion representing The EU explained that the combined aide to Nigeria was about ten percent of the country’s annual budget.

According to him, the Official Development Assistance (ODA) flow in Nigeria is about 2.5 billion dollars yearly, which corresponds roughly to about 10 percent of the federal budget (N7.3 trillion or $24 billion).

This, he said, has raised the question of should EU continue to give aid to Nigeria? (Please read more @ the link below)

 Britain has halved the amount of money given to Nigeria in humanitarian aid from it's over £12Billion per year International Development Aid Project. 

The British Government announced £200million of aid funding for the four years from 2018 to 2022. It amounts to £50million per year, half the amount given for 2017. saying the country's government must "step up and do more" to stop Boko Haram extremists. Especially, when EU and UK foreign policies are to increase financial support to countries where these migrants die crossing the dangerous Seas from Libya etc.

 It follows a joint visit by Boris Johnson, the Foreign Secretary, and Priti Patel, the International Development Secretary, to Nigeria to see the UK’s response to the humanitarian crisis, where they saw how British military had been training Nigerian soldiers to fight militant Islamist group Boko Haram.

Mr Johnson said: “This is about helping a Commonwealth partner in its time of need as well as addressing the root causes of international challenges.”

Speaking to journalists after the meeting, Mr Johnson said the United Kingdom was ready to assist Nigeria in humanitarian, development and military fronts.

“This is an incredible place. It is the powerhouse of the African economy. We are here with Nigeria every step of the way,” he stated. 

The envoy said the delegation had fruitful meeting with Vice President Osinbajo and looked forward to better relationship with Nigeria

Ms Patel, the international development aid secretary decision to halve the amount of financial support given to Nigeria is wrong and lack the spirit of "British Value". Especially, when Britain and EU foreign policies are to increase financial support to original countries where these migrants leave their homes, cross the Sahara, cross the Mediterranean, risking their lives, die crossing the dangerous Seas from Libya etc.

This petition makes a good case for a review of Ms Patel wrong decision. Ms Patel said the additional aid money was based on current humanitarian need. And that the situation would be "assessed constantly". On the other hand, the EU recently withdraw annual £2.5B foreign aid from Nigeria which, represents 10% of Nigeria total spending yearly budget.

(Please read more @ the link below)

BBC News; 8 September 2017
The BBC has gained rare access to a migrant detention centre in Libya. This is the story of Hennessy, who spent three years at school in London

BBC Video; 1.2M Views

‘27,000 Nigerian migrants died last year’
Twenty-seven thousand Nigerians seeking greener pasture abroad died in their quest to reach Europe through the desert and sea in 2016, according to a non-governmental organisation, RARDUJA International.
GUARDIAN.NG 14 November 2016 at 14:50

 In a statement, Ms Patel said: “It is catastrophic that at least 20,000 people have been murdered by Boko Haram’s terrorist regime, and over five million people have been left hungry and many homeless. Babies’ bodies are shutting down and mothers who have lost everything are fighting to keep their children alive.

“Global Britain is a country that stands tall in the world and the UK will not turn its back on people living in danger and desperation.

“Terrorism knows no borders and the Nigerian Government must now follow our lead to stop innocent people dying and securing the area so that people can rebuild their lives in safety – reducing the threat of radicalisation and migration for the UK at home.”

 tweeted Sarah Champion (@SarahChampionMP):
I visited Nigeria in spring, it's violent & unstable. It's oil reserves go overseas. We need to help more, not less

"Nobody would leave their homes, cross the Sahara, cross the Mediterrian, risking their lives, if they were not desperate." - Diane Abbott (4 September 2017 07:24

(Please read more @ the link below) 

Human trafficking: Govt urges EU, destination countries to do more

The Federal Government 0f Nigeria has urged members of the European Union and other destination countries to close rank in ensuring that human traffickers are crippled economically if the fight against human trafficking must be won. And where victims of human trafficking from Nigeria and Africa are daily exploited.

Director-General of the National Agency for the Prohibition of Trafficking in Persons (NAPTIP), Dame Julie Okah-Donli, said this in Abuja while playing host to the new Ambassador and Head of the European Union Delegation to Nigeria, Mr Ketil Karslsen.

In his remarks, the European Union Ambassador to Nigeria said that the current increase in human trafficking and irregular migration is an issue of shared common responsibility that must be addressed by all stakeholders in order to arrive at reasonable results.

Read more @TRIBUNEONLINENG.COM Human trafficking: December 6, 2017, Clement Idoko- Abuja.

 tweeted Govt of Nigeria‏ Verified account @AsoRock 28 Nov 2016

"Doing more with less." Sp Adv to President @MBuhari, @femadesina speaks on Federal Govt's rising Infrastructure spend + falling wage bill

Abubakar Bukola Saraki the Nigeria Senate President was live below.
14 November 2017 at 15:23 · 
Live Video: I am now meeting with a delegation of the European Union (EU) to discuss issues around migration and mobility.

 10 December 2017 
The protest against the atrocities against our Afrikan people in Libya.

Please read more below) 

Nigeria real net oil export revenue: 2015-2017 (under the new Buhari administration)

Oil price $45 per barrel average 
Loss of 1.2 million barrels per day due to disruption by the Niger Delta Avengers

2015-$16 billion (June-December) 
2016-$26 billion
2017-$10 billion (January-April)

Total-$52 billion

Nigeria real net oil export revenue: 2010-2015 (under former President Jonathan)

Oil price $110 per barrel average
Stable oil production at 2.4 million barrels per day

2010-$70 billion 
2011-$99 billion
2012-$94 billion
2013-$84 billion
2014-$77 billion
2015-$21 billion (January-May)

Total-$445 billion

Source: OPEC Revenue Fact Sheet and Energy Information Administration (EIA), a statistical arm of the US Department of Energy for various years; and my estimates.

Nigeria former President Obasanjo on Hardtalk Video below on savings depletion.

Outcomes in the last 5 YEARS:

a) External reserves declined from $47 billion in 2013 to $29 billion in 2015;
b) Savings depleted from $21 billion in 2010 to $2 billion in 2015.
c) Federal Government borrowed $2 billion to pay salaries.
d) 24 States of the federation bankrupt -could not pay salaries of workers, could not repay debts and other contractual obligations. 
e) accumulated arrears of workers salaries and pensions, running into billions of Naira. 
f) accumulated contractors debt such that all major construction works stopped. 
g) NNPC technically bankrupt.
h) Foreign Direct Investment (FDI) at its all-time low. Declined to $3.1 billion in 2015 from $8.8 billion in 2011 
i) Nigeria's Credit Rating downgraded
j) Massive capital flight: industries relocating to neighbouring West African countries.

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