NIGERIA'LL KEEP FAITH WITH ECOWAS BANK -PRESIDENT BUHARI

President Buhari $ H.E. Bashir Mamma
(IFO) President of the Ecowas Bank
for Investment and Development
(EBID)

Despite the economic downturn caused largely by fallen prices of oil in the international market, President Muhammadu Buhari says Nigeria will fulfill its obligations to the ECOWAS Bank for Investment and Development (EBID).

Receiving President of the bank, Mr. Bashir Mamma, at State House, Abuja, Monday, President Buhari said: "We may be limping because of fallen oil prices, but we will fulfill our commitments to the bank. We may have fallen behind, but we will live up very soon. We will maintain the objectives of setting up the bank, which is to help our less financially endowed neighbours."


Mr. Mamma disclosed that EBID is the financing arm of ECOWAS, which has been there for about 30 years, and was initially set up as a Fund, "to help less developed West African states, but we now cover all parts of the sub-region."

Boko Haram Attacks: Residents of Gamboru in Borno state Plan to relocate to Cameroon

Following the continuous and repeated Boko Haram attacks on residents of Gamboru community of Borno State.  The people of the area are planning to  relocate to Cameroon, saying that the government of the Federal Republic of Nigeria cannot guaranty their safety and save them from the hands of the Boko Haram sects.

Gamboru town is a border community between Borno state in Nigeria and Cameroon. The residents said on Sunday that they had no choice than move to Cameroon in order to avoid more killings by the Boko Haram terrorists who recently attacked their town and killed about 200 persons.