The fallout of the recent protests in Nigeria has spiralled into the looting of government-run food warehouses. So how does the impact the outlook for soft commodities? Ayodeji Balogun, CEO of AFEX Commodities Exchange joins CNBC Africa for more.
Preliminary findings by the Lagos Chambers of Commerce and Industry show that the Nigerian economy suffered an estimated 700 billion naira loss to the #ENDSARS protests. Since then, events took a strange twist with vandalism and looting across the state. Muda Yusuf, the Director General of the LCCI joins CNBC Africa’s Kenneth Igbomor to discuss the developments.
Amid escalating unrest in Nigeria, President Muhammadu Buhari addressed the nation last night. Nigerians have been protesting over Police brutality, more specifically abuses by the Special Anti-Robbery Squad. In his first public address on the protests, Buhari said that he is pained by the lives lost in the violence that has ensued. He has called for calm, and for protesters to stand down. Kenneth Igbomor, CNBC Africa’s West Africa Markets Editor unpacks the latest developments.
On Tuesday violence erupted in Lagos, Nigeria. Some military personnel fired at youths protesting over police brutality and deep-rooted social injustices. CNBC Africa’s Kenneth Igbomor spoke to Nobel Laureate Wole Soyinka about the situation.
Tensions in Nigeria are escalating, as citizens call for an end to Police brutality. About two weeks ago unrest erupted, with Nigerians voicing out their anger over abuses by the Special Anti-Robbery Squad. Thousands have taken to the streets, with peaceful protesters being shot and killed. Amnesty International has blamed security forces. A curfew has also been imposed in the capital Lagos. CNBC Africa’s Kenneth Igbomor and Onyekachi Adekoya, Managing Director at PR24 Nigeria share more insight.
Six of the 36 states in Nigeria have inaugurated Judicial panels on police brutality in their respective states. The move comes after a directive by the Nigeria Economic Council informing all state governors to take charge of these panels in the wake of the #ENDSARS protest. Valentine Utulu, Managing Partner at Legal Crest joins CNBC Africa’s Kenneth Igbomor for this conversation.
Institute for National Transformation’s Vincent Anigbogu on how to find solutions to the #Endsars protests
At this year’s Independence Day celebration, President Muhammadu Buhari stated that sixty years of Nigeria’s nationhood provides an opportunity for everyone to ask questions on the extent to which the country has sustained the aspirations of its founding fathers. If it’s on the right course and if not how can Nigeria remedy and retrace its steps. Few days after the speech, Nigerian youths took to the streets to demand for police reforms after a young man was shot in Delta State by police officers. Professor Vincent Anigbogu, Director-General of the Institute for National Transformation joins CNBC Africa for more.
The peaceful #EndSars protest against police brutality across Nigeria took a new turn in recent days, as hoodlums attempt to hijack the process.
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