W’Bank: At $19.5bn, Nigeria Accounted for 35% of Sub-Saharan Africa’s Diaspora Remittance in 2023 Global Diaspora fund transfer to hit $690bn by 2025 Emmanuel Addeh in Abuja Diaspora remittance to Nigeria was
$19.5 billion in 2023, constituting 35 per cent of such fund transfers to sub-Saharan Africa, although
declining 2.9 per cent year-on-year, a new World Bank report has stated. In the “Migration and
Development Brief” the World Bank Group projected that global remittances are expected to grow
by 2.3 per cent in 2024 and 2.8 per cent in 2025, to reach $690 billion next year.
The United States continued to be Continued on page 5
Cameroon, Nigeria Agree to End Decades-long Border Dispute... Page 8 Monday, July 1, 2024 Vol 29. No 10673. Price: N400
www.thisdaylive.com TR
UT H
& RE A S O
N
FG to Flag Off C’River, Akwa Ibom Sections of Lagos-Calabar Highway in August Umahi flays foreign contractors for alleged delay in road projects Emmanuel Addeh in Abuja and Bassey Inyang in Calabar
The federal government has concluded plans to commence the next phase of the Lagos-Calabar
Coastal highway from Cross River to Akwa Ibom states in August. A statement signed by Edet
Ekpenyong on behalf of the Director of Information and Public Relations, stressed that the Minister of Works,
David Umahi, disclosed this at a three and four of the famous stakeholders’ engagement in Uyo. Continued on page 5 "We are here to introduce sections
Tinubu: Purveyors of Borno Suicide Attack Shall Face Certain Justice Says incident is cowardly, isolated episode UN: We’re horrified by attack on civilians Northern governors, others condemn devt, urge unity, resilience against terrorists
Deji Elumoye, Chuks Okocha, Sunday Aborisade, Ikechukwu Aleke in Abuja and Segun Awofadeji in Gombe President Bola Ahmed Tinubu, yesterday, condemned last weekend's suicide bomb attacks in Gwoza Local Government Area of Borno State and warned that purveyors of wanton violence in the country will certainly face justice. Tinubu described the incident, which resulted in the loss of several lives, as cowardly. He stated that it was an isolated episode, and the government was already taking necessary steps to secure citizens. Chairman of the Northern States Governors' Forum (NSGF) and Governor of Gombe State, Muhammadu Inuwa Yahaya, also condemned the act and expressed condolences to the victims, government and people of Borno. Former Vice President, Alhaji Atiku Abubakar, said it was Continued on page 5
SANWO-OLU GETS AWARD FROM CRANS MONTANA FORUM IN BRUSSELS... L-R: Ambassador Jean-Paul Carteron, president of the Crans Montana Forum; Mr Babajide Sanwo-Olu, Governor of Lagos State; Didier Reynders, European Commissioner for Justice; and Rule of Law and Mr Miguel Angel Moratinos, the high representative of the UN for the Alliance of Civilisations, presenting Mr Sanwo-Olu with the Le Prix de La Fondation award for his presentation, which was adjudged the best, at the Forum in Brussels … at the weekend. Mr Sanwo-Olu was the best speaker at the June session dedicated to Africa Challenges. The award is under the patronage of HRH Prince Jean de Luxembourg. He (Sanwo-Olu) definitely belongs to the generation of respected leaders who will achieve the world integration of Africa and for this reason was awarded by the high representatives of United Nations - specially from New York - and European Union, Amb. Carteron said