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World markets dive as Trump sparks trade, North Korea worries

Global stocks sank Wednesday after US President Donald Trump said he was not satisfied with talks that are aimed at averting a trade war with China. Equities were also dented by poor eurozone economic data, and as Trump cast doubt on a planned summit with North Korean leader Kim Jong Un. “Trump (is) continuing to drive uncertainty over global trade,” said analyst Joshua Mahony at trading firm IG. “European markets are following their Asian counterparts lower, as a pessimistic tone from Trump is compounded by downbeat economic data,” he added. Markets had surged Monday after US Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu He said they had agreed to pull back from imposing threatened tariffs on billions of dollars of goods, and continue talks on a variety of trade issues. However, Trump has declared that he was “not satisfied” with the status of the talks, fuelling worries that the world’s top two economies could still slug out an economically pain
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16,387 Nigerians deported from Libya, Saudi, others in 2017 says FG.

The Comptroller-General of Nigeria Immigration Service, Mr Muhammad Babandede, on Monday said that 16,387 Nigerians were deported from Libya, Saudi Arabia and other countries in 2017.
Babandede stated this while briefing newsmen on the outcome of the findings by members of a Federal Government Delegation to Libya.
The News Agency of Nigeria (NAN) reports that Foreign Affairs Minister, Geoffrey Onyeama had on Jan. 5 led a delegation on fact finding mission to secure the release of Nigerian migrants stranded in Libya.
Other members of the delegation which include Director General of the National Agency for the Prohibition of Trafficking Persons, Julie Okah-Donli and Director General of National Emergency Management Agency, Alhaji Mustapha Maihaja
Others are Sadiya Umar-Farouk, Federal Commissioner of the National Commission for Refugees, Migrants and Internally Displaced Persons.
Babandede said that out of the number, 5,908 Nigerians were deported from Libya, 3,836 others were from the Kingdom of Saudi Arabia and 6,643 from other countries.
“I want to state that in 2017 alone we received 5608 deportees, specifically from Libya.
“So if you add to the number we received on Jan.7, which was 485 from Libya it will give you 6,393 deportees from Libya alone,” he said.
He said that between January 2017 and January 2018, 3,498 men, 2,684 female, 211 minors were deported from Libya
“I don’t want us to look at it as if it is only in Libya the deportees are coming from. We have deportees from Saudi Arabia.
Surprisingly, we had a total of 3836 deportees in 2017 alone.
“You know Europe has been deporting. The highest number of deportees came from South Africa, Italy and Austria.
“The total number we have from other countries is 6,643, which is greater than the total coming from Libya.
“So grand total of person deported to Nigeria in 2017 is 16,387. We are afraid this might continue or even be higher in 2018,” he said
He explained further that it was not only Nigerians that were held up in “Libyan slave camps” as being reported.
Babandede explained that there were Nigerians who were victims of traffickers, who were sexually exploited and also there were smuggled persons, who were victims of smugglers.
“There are regular Nigerian migrants in Libya living legally with all their documents and doing their businesses.
“The Minister of foreign affairs met with the Nigerian community in Libya we had interaction meet during the visit.
“We don’t want everyone to think that every Nigerian in Libya is in slave camps, or that every Nigerian in Libya is being exploited.
“There are Nigerians who are working in factories, in oil companies, in construction companies and the minister met them,” he said
He explained that the issue of bother was beyond Nigeria because Nigeria belonged to ECOWAS community which allows free movement for members
Babandede said that people become illegal migrants not because the border was not controlled but because of greediness and urge to travel at all cost
“There is greed for people to travel, we need to educate the people, we need to educate parents that Europe is not a paradise.
“We need to tell them of the dangers that lies ahead. The desert is hot, the sea is not a river to cross. The media needs to do more to show how dangerous the desert or the sea is.

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