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Tobruk- Sources in the House of Representatives suggested postponing the morning session scheduled for, Monday, to consider the expected government presented by Fatehi Bashagha to the evening session, more than one council member who spoke to the Libyan News Agency confirmed the postponement of the session to afternoon, for further consultations.
Source: Libyan News Agency
Breaking News: Blihaq: The parliament session today, Monday, has been postponed due to the lack of complete consultations on the cabinet line-up.
Source: Libyan News Agency
Tripoli- Today, Monday, the Public Prosecution ordered the pretrial detention of four officials in the Ministry of Housing in the former Government of National Accord, pending cases of financial and administrative corruption.
In a statement, the Attorney General’s office stated that after the investigations into the communication submitted by the Director-General of the Public Services Company in Jabal Al-Akhdar, it was proven that the four officials in the ministry were involved in the incident of facilitating the commission of a crime to seize the amount of 1.8 million dinars and deposit it in a bank account managed by a Palestinian expatriate.
The office confirmed that the investigations into the case resulted in proving that officials of the Ministry of Housing and Construction were involved in a (positive) activity that enabled the expatriate accused to seize the aforementioned and protected sum of money. In return, they obtained a part of the money after disguising its source and the rights related to it.
The Public Prosecution Office indicated that the Public Prosecution Office had filed charges; Money laundering; abuse of office for financial gain; the use of forged official documents for the purpose of covering the documentary cycle; and managing the bank account, to each of the Undersecretary of the Ministry of Housing and Construction in the Government of National Accord; Director of Administration and Finance Department; the financial controller; Director of the Internal Audit Department at the Ministry.
Source: Libyan News Agency
Tobruk- Chairman of the Foreign Affairs Committee of the House of Representatives, “Youssef Al-Aqouri” in the city of Benghazi, met with the Extraordinary and Plenipotentiary Ambassador of the Republic of San Mario in Libya, “Marco Mantovani”
The meeting discussed the latest political developments in the region and ways to enhance cooperation between the two countries in the commercial and tourism fields.
Representative “Al-Aqouri” welcomed the ambassador, stressing that he will address the competent authorities to open an embassy representing the State of Libya in the Republic of San Marino.
In turn, Ambassador Mantovani affirmed his country’s keenness to develop cooperation relations with Libya in all fields.
Source: Libyan News Agency
Tripoli- The Libyan News Agency obtained the proposed cabinet line-up that Fathi Bashagha presented to the House of Representatives today, Monday, after he was assigned by the House to form a government.
The lineup includes; Two deputy prime ministers, for the east, Ali Faraj al-Qatrani, for the south, Salem Maatouq al-Zadma, and (30) ministers and (8) state ministers.
It is expected that the House of Representatives will vote on granting confidence to this government at a later date, which was not specified, after it was scheduled for Monday morning.
The following are the ministerial portfolios and the names of the ministers to whom the portfolios were assigned:
1 – Ministry of Foreign Affairs and International Cooperation – Hafez Kaddour
2 – Ministry of Defense – Ahmid Ali Doma
3 – Ministry of Justice – Khaled Masoud Abd Rabbo
4 – Ministry of the Interior – Issam Mohamed Bouzreba
5 – Ministry of Planning and Finance – Osama Saad Hammad Saleh
6 – Ministry of Health – Othman Abdul Jalil Muhammad
7 – Ministry of Education – Mohamed Mahboub Abdel Hadi
8 – Ministry of Local Government – Sami Ali Al-Dawi
9 – Ministry of Social Affairs – Mabrouk Muhammad Ghaith Al-Taher
10 – Ministry of Transportation and Transport – Abdul Hakim Muhammad Al-Ghazawi
11 – Ministry of Water Resources – Mohamed Abdel Karim Doma
12 – Ministry of Marine Wealth – Ali Milad bin Younes
13 – Ministry of Culture and Arts – Salha Toumi Al-Drouqi
14- Ministry of Higher Education and Scientific Research – Ashour Omar Issa Omar
15 – Ministry of Technical Education – Faraj Khalil Salem
16 – Ministry of Labor and Rehabilitation – Abdullah Al-Sharif Arhouma
17 – Ministry of Civil Aviation – Hisham Abdullah Abushekiwat
18 – Ministry of Electricity and Renewable Energy – Awad Ghaniwa Al-Badri
19 – Ministry of Communications and Informatics – Salem Abdullah Muhammad Al-Naji
20 – Ministry of Agriculture and Livestock – Younis Salem Hassan Al-Arfi
21 – Ministry of Industry and Minerals – Muhammad Abdul Qader Al-Saidi
22 – Ministry of Economy and Trade – Jamal Salem Shaaban
23 – Ministry of Public Works – Nasr Sharh Al-Bal Muhammad
24 – Ministry of Investment – Al-Saeed Muhammad Al-Madani Al-Hudayri
25 – Ministry of Tourism and Antiquities – Ali Qalama Muhammad
26 – Ministry of Civil Service – Mahmoud Abu Bakr Bonama
27 – Ministry of Sports – Abd al-Salam Abdullah Ghuwaila
28 – Ministry of Information – Hatem Ali Moftah Hassan Al-Araibi
29 – Ministry of Youth – Mahdi Shuaib Muhammad Attia Allah
30 – Ministry of Environment – Mohamed Abdel Hafeez Zayed
The cabinet line-up also included (8) state ministers, who are: –
1 – Minister of State for Prime Minister and Cabinet Affairs – Muhammad Ahmad Farhat
2- Minister of State for Legislative Affairs – Mohamed Suleiman Abu Zukeya
3- Minister of State for Illegal Immigration Affairs – Fathi Muhammad Musa Al-Tabawi
4 – Minister of State for Policy and Communication Affairs – Khaled Ahmed Ali Al-Saadawi
5- Minister of State for Women’s Affairs – Intisar Issa Salem Abboud
6- Minister of State for Displaced and Missing Affairs – Ali Abu Bakr Kaddour
7- Minister of State for Youth Leaders – Ahmed Khalil Al-Sharkasy
8 – Minister of State for Elections Affairs – Samir Abdel Hafeez Emhamed.
Source: Libyan News Agency
Russia’s invasion of Ukraine, and the sanctions that followed, has pushed the price of oil to over $100 per barrel, the highest level in eight years. But, it’s also opened an opportunity for African oil producers like Nigeria, Angola, Libya, and Algeria to cash in with more crude oil exports. But a lack of refineries in Africa means crude oil exporters will also have to pay more for imported fuels.
The Brent crude oil prices hit $105 per barrel last week, it’s highest mark since 2014 and up by 47% since December, amid fears that supplies from Russia may be impacted by crisis.
Russia accounts for a significant amount of the world’s total crude oil output between 25-30% making it the second highest producer globally.
But experts say the crisis and sanctions slammed on Russia by Europe and America could significantly impact demand for Russian products and tip the odds in Africa’s favor.
“For Africa it’s a gain, it’s an opportunity, it presents that window of opportunity for African countries to see how they can increase their production capacity and meet the need of global demands of crude oil,” says Isaac Botti, a public finance expert.
However, Africa’s production combined accounts for less than a tenth of total global output. Nigeria is Africa’s largest producer of oil followed by Libya. Other notable producers are Algeria and Angola.
Experts predict oil prices will rise further but worry Nigeria could be facing a backlash.
“At the end of the day it’s going to hit on our economy. We may think that we’ll gain but remember we don’t refine out crude oil,” said economic analyst Paul Enyim.
Nigerian refineries have been shut down for about one year. The country depends on imports to meet it’s energy needs. Experts say prices paid for imported will also increase.
Authorities are also grappling with huge subsidies to keep pump price of oil products within affordable limits.
Last week Nigeria’s minister of state for Petroleum said authorities were not comfortable with the surge in prices of crude oil.
But this week, Algerian state-owned oil and gas giant said it would supply Europe if Russian exports dwindled as a result of the crisis.
Botti says it’s a good example for other African nations.
“We need to develop our capacity to produce locally, we need to look at various trade agreements that are existing,” he said.
For years African oil producers including Nigeria have been struggling to meet required daily output levels.
Experts however worry African producers may struggle to fit into the big market with increasing global demands for crude oil.
For weeks, Nigeria has been battling to normalize fuel supply in the country after authorities recalled millions of liters of adulterated petrol from circulation causing a major shortage in West Africa’s most populous nation.
As the crises between Russia and Ukraine lingers, experts say the shifting focus on Africa could be both a blessing and a burden.
Source: Voice of America