Boko Haram Fighters Trained in Somalia- President

President Hassan Sheikh Mohamud

MUNICH (Reuters) – Fighters for the Nigerian Islamist militant group Boko Haram have been trained in Somalia on Africa’s eastern coast before returning to West Africa, Somalia’s president told a security conference in Germany on Sunday. Somalia, plagued by political in-fighting, corruption and attacks by al Shabaab insurgents, has recently made limited progress towards creating a functioning political system, President Hassan Sheikh Mohamud said.

“Without a stable Somalia, the whole region of the Horn of Africa will remain unstable and by and large, the African continent. There are proofs and evidence that (for) some time Boko Haram has been trained in Somalia and they went back to Nigeria,” he said.

Stamp duty, Nigeria’s new Goldmine — NIPOST

The Nigerian Postal Service (NIPOST) said yesterday that implementation of the stamp duty policy would become a huge revenue base for the country. On January 19, the Federal Government announced that a stamp duty of N50 would be imposed on bank customers for money received into their accounts via electronic transfers, cash and cheque.

he CBN explained that the policy was part of efforts by the Federal Government to boost its revenue base in the non-oil sector. The Corporate Affairs Manager of the Lagos Island Territory of NIPOST, Mrs Valerie Ekeogu, told the News Agency of Nigeria (NAN) in Lagos that the stamp duty would give government extra income to build infrastructure.