The statement below reportedly released by Gambia’s Central bank is deeply worrisome. It is requiring banks to replace existing non-Gambian employees with qualified Gambian nationals by December 31, 2026.
While NiDCOM recognises Gambia's right to promote local employment and develop its workforce, such policies must be implemented fairly and in a manner that respects existing employment arrangements, legitimate work authorisations and the principles of African solidarity and regional integration.
Information available indicates that 57 Nigerian professionals employed by four Nigerian-origin banks operating in Gambia which could be affected by the directive.
These professionals reportedly hold valid residency and work permits and have contributed significantly to the Gambian banking sector.
The economic contributions of these four banks are equally significant. Collectively, they account for approximately 37.2% of total banking industry deposits (GMD35.3 billion), 32.6% of loans (GMD7.67 billion) and 37% of industry assets (GMD44.78 billion).
They also account for approximately 34.5% of investments in Central Bank bonds and reportedly contributed 90% of the funding supporting the operations of the National Water and Electricity Company (NAWEC).
It is contradictory to encourage African investment, regional economic cooperation and the free movement of people while adopting employment measures that could lead to the indiscriminate displacement of qualified African professionals.
We call on the Central Bank of Gambia to immediately reconsider and reverse the blanket replacement directive and engage the Nigerian High Commission in Banjul, affected financial institutions and relevant stakeholders towards an equitable resolution while also urging Gambian authorities to uphold the spirit of ECOWAS integration and the longstanding cordial relationship between Nigeria and The Gambia. We call for a constructive diplomatic engagement on the matter
Tomorrow is Monday.
Fast if you are able to, if not earn reward by reminding others.
Remind, for indeed, the reminder benefits the believers (Q51:55).
Baarakallahu Feekum.
I bear witness that there is no deity worthy to be worshipped but Allah, and I bear witness that Muhammad (ṣallā Allah 'alayhi wa sallam) is His servant and messenger.
The House of Reps has summoned telecom CEOs and threatened to arrest them over poor network quality. While it sounds like action, there's a problem: the law already says this isn't how it works. This lawyer looks at the legal basis👇🏾
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How do you get out of financial and economic doldrums?
I was reading this week about Uber CEO Dara's daily routine, and something hit me. He got Uber out of a slump by optimizing his lifestyle to do as much as possible to make this happen.
A lot of us would be in a financial slump, but instead of optimizing everything we have to get out of it, we either give excuses and distract ourselves or pray for miracles and helpers.
The first thing to ask yourself when you are in financial doldrums is whether you are healthy and functional. If you are healthy and functional, getting out becomes exponentially easier than you think. The worst place to be is broke and in poor health.
Once you have your health, check your relationships and friendships. Be brutally honest with those close to you about your situation and ask for advice on how to get out, rather than loans or handouts. The advice may also come with financial help to dig you out of the hole if you are lucky.
If you are unlucky, you will have a friend who stays at your house where you are broke and have no food, but goes out to buy a Pizza to eat, then comes back to you with one slice. This really happened to me. Avoid friends who arent useful.
The most important assets you have are your health, your sanity, and your skills. Don't start forcing yourself to learn new skills when you are desperate. Leverage your existing advantages first to achieve a basic level of stability before acquiring new ones.
I once was so broke that I started writing articles to make money to survive. A lot of clients owed me, and there were bills to pay from the little I had already made. I was left with nothing after the bills were settled. I decided to use what I had to get more, and nothing was too little. A hundred dollars a week when you are broke does wonders. The trick is not to get stuck in survival mode.
The biggest problem when coming out of financial doldrums is the comfort zone. People adapt too easily to survival mode, and they no longer lack the will to push further and beyond. You need motivation and reminders, something to look forward to.
I keep picturing my kids in expensive schools I paid for, and doing very well in life afterwards. It is not about my comfort but theirs; my early comfort today will deny them of theirs tomorrow.
Community is the most underrated wealth hack. A lot of people believe this trope of locking in and locking everyone out when the real thing you should do is to "Lock on" to your community. To get out of the doldrums, you need to lock on to a community that will get you out of it and even provide volunteer services to those who need it when necessary.
I have seen young people come to me with sob stories of how they are in despair, and I ask them what they can do for me, and they are lost. I have even given a few of them opportunities where they could not perform up to par. You also have to be honest with yourself about your capabilities and skills.
I was so annoyed by that young lady who was telling people to fake customers yesterday, because there are so many people available to help that you wouldn't need to fake anything. People pay me for consultation via @Calendly to help them today because I have volunteered and still volunteer to help a lot of people for free.
Doing that has helped me develop the skill of discernment and build a community I can leverage to help others. Most of the help I give people who book to speak with me is direction and connections with those who can help them further.
In summary, if you are well and alive, then get moving. Don't succumb to self-pity, and nothing is too small for you to make. Someone once paid me $50 at the right time, and it changed a lot of things for me. Optimize and grow from what you have and stop fantasizing about what you don't have yet, while still keeping a goal on the horizon.
Prayers work, but you also have to realize that good health and a sound mind is the answer to many prayers already.
I have received several tags on this story, so let me talk about it.
The family is wondering which angel visited the sister in boarding school. Jsyk, it was not an angel. Angels do not run errands taking the form of dead relatives to deliver provisions. And it was not the father either.
Like I explained in a similar case recently, once a person dies, their soul enters the Barzakh. This barrier is permanent. The dead do not come back to check on their children. They do not buy provisions. They do not roam around boarding schools.
What visited your sister was a Jinn.
Every person has a Qareen. This is the Jinn companion attached to you from birth. This Jinn knows everything about the father. It knows his face, his voice, his mannerisms, and it knew he planned to visit his daughter that Saturday.
When the father passed away on Monday, his Qareen or a shape-shifting Jinn took his physical form. It got those provisions and went straight to the school to play a sick psychological game with the young girl.
Some of you might wonder how a Jinn could buy or carry physical provisions. Jinns are fully capable of interacting with the physical world. They can move objects, steal items, and transport matter. Acquiring basic boarding school provisions is not a difficult task for them.
They do this to mess with human minds. They want you to believe the dead are still wandering the earth. When you start believing your dead relatives can still bring you food or protect you, you are stepping right into shirk. You begin attributing power to the dead instead of asking the Almighty.
It is a tragedy that the family lost a father. But do not let grief cloud your basic theology. There are no ghosts. The dead are gone. The entities performing these stunts are Jinns.
Allah knows best