How important is the central bank to Libya’s politics?
Politics

How important is the central bank to Libya’s politics?

Politics tamfitronics Inside StoryLeadership dispute between rival governments leads to suspension of oil production.Libya’s central bank, which controls billions of dollars in oil revenue, is at the heart of the country’s latest political dispute.The bank’s governor has fled the country, fearing for his life.Two rival governments have fought for power, influence and control of Libya’s vast oil reserves for a decade.This week the internationally recognised government in the west replaced the central bank governor.The administration in the east, which operates most of the oil fields, objected and halted production.So, how will this latest feud affect the economy? And is it taking Libya closer to civil war once again?Presenter: James BaysGuests:Faraj Najem – Historian and political researcherClaudia Gazzini – Senior Libya analyst at the International Crisis GroupMustafa Fetouri – Independent Libyan academic
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Politics is too important to be left to the politicians – VP Shettima calls for collaboration between Government and private sector
Politics

Politics is too important to be left to the politicians – VP Shettima calls for collaboration between Government and private sector

Politics tamfitronics Vice-President Kashim Shettima has called for collaboration between the government and business leaders.He emphasized that this partnership is essential for economic growth and prosperity in Nigeria.Shettima highlighted that open dialogue, shared insights, and joint efforts between the public and private sectors are crucial for developing solutions tailored to Nigeria’s unique challenges.He made these remarks at the Heirs Holdings Group Directors’ Annual Summit Dinner in Abuja on Friday, calling for a synergy between the political class and economic stakeholders. He noted that these two spheres are not opposing forces but complementary ones, essential for national stability and progress.“Politics is too important to be left to the politicians, and enterprises that define our economic destination are too important to be left to the businessmen alone to develop,” he said.He urged conglomerates to serve as pipelines...
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