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Nigeria’s Agricultural Sector Expected To Boost By 2050

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The Nigerian Government has been drumming up the value of farming, and it appears to be working.

Fishery Society of Nigeria has estimated that, by 2050, the value of the Country’s agricultural sector will reach about a quarter of a billion Dollars — that is about ninety trillion Naira which it says is ten times bigger than the country’s 2018 budget of nine trillion Naira.

To reach this milestone, the society says a huge investment would have to be made in the sector.  Currently, agricultural sector provides almost half of the nation’s gross domestic product, and more than ten percent to the export earnings.

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Miners Trapped Underground In Zimbabwe

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The Zimbabwe Miners Federation has on Thursday said rescue operations are under way in northern Zimbabwe, where dozens of illegal miners are believed to be trapped underground after the collapse of an old mine shaft.

Wellington Takavarasha, head of the Zimbabwe Miners Federation said the incident occurred late Wednesday in the town of Bindura, around 70 kilometres (43 miles) north of the capital Harare.

At least 40 informal miners in Zimbabwe have been trapped underground after a shaft in a disused gold mine collapsed, six miners have since been pulled from the rubble and taken to hospital.

Takavarasha told AFP the miners were working inside the disused Ran Gold Mine when a shaft caved in.

Mining without the proper permits has been on the rise in the gold-rich country due to high levels of joblessness and the COVID-19 lockdown.

The southern African country is rich in minerals such as platinum, diamonds and gold. Small-scale miners account for over half of the gold produced in the country.

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Two Million Fall Into Poverty In Kenya

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A report by the World Bank says two million Kenyans fell below the poverty line between March and June this year.

Within the period, the rate of unemployment in east Africa’s largest economy increased from 5% to 21%.

This widened the number of people living below poverty line by 4% to two million. Poverty line is $1.90 per day

Factory workers and those working in tourism and agriculture are reported especially affected.

Kenya’s debt stands at 65.6% of the gross domestic product. The country’s tax revenues have reduced but debt servicing requirements have increased.

The national treasury is in the process of seeking another $2.3bn from the international monetary fund to help fund the response to the coronavirus pandemic.

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Suspected Boko Haram Attack Kills Four Chadian Soldiers

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Four soldiers have been reported killed in south-west Chad when a boat exploded. Dozens others were said to have been injured when an explosive device placed at the bottom of the boat exploded.  The device was thought to have been an improvised bomb.

The blast happened on Tuesday night near Ngouboua, around 25km from the Nigerian border.

A district administrator said authorities are trying to find out if this is a new technique of Boko Haram.

The Boko Haram insurgency began in north-eastern Nigeria more than a decade ago. The UN says violence has spread to neighbouring countries, killing more than 30,000 persons and forcing two million from their homes.

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