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Egyptian citizenship sold to foreigners for $400,000.

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Foreigners interested in Egyptian citizenship will deposit at least 7 million Egyptian pounds ($392,000) and then hand it over to the Treasury after five years, an amendment passed by parliament on Monday said.

Egypt has been looking to boost its finances and draw back foreign investment that fled the country after its 2011 uprising, notably through a series of tough reforms tied to a $12 billion IMF loan programme it began in late 2016.



Under the new law, foreigners who make a deposit of 7 million Egyptian pounds or the equivalent in foreign currency receive the option of taking citizenship if they surrender the deposit after five years.

It was not immediately clear what economic benefits a foreigner would obtain by acquiring citizenship as Egypt places few restrictions on foreign investment projects, although it does forbid foreign ownership of agricultural land and property in the Sinai peninsula, where it faces an Islamist insurgency.

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The minister of interior may grant Egyptian citizenship to all foreigners that have resided in Egypt for a period of at least five consecutive years prior to applying for naturalisation,” the amendment said.

The head of parliament’s defence and national security committee, General Kamal Amer, said the new law compliments recent amendments to an investment act that grants incentives to foreigners to invest in the country.

He said foreigners who acquire citizenship would enjoy no political rights until after five years of citizenship and would need 10 years to be eligible for election or appointment to a representative body.

Spouses and children will not be eligible for citizenship unless they reside in Egypt, he added.

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REUTERS

Motherland News

Nigerian President Buhari Warns Ballot box snatchers to value their lives

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President Muhammadu Buhari has warned those planning to snatch ballot boxes during the elections to desist or pay with his or her life if caught.



President Buhari who stated this at the opening session of the All Progressives Congress, APC, Caucus meeting in Abuja, on Monday, said that such act would be the last unlawful act the person will be brought to book.

Meanwhile, the governors of Imo, Rochas Okorocha and Ogun, Ibikunle Amosun were conspicuously absent at the meeting.

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Buhari who said he is confident that he has garnered enough supporters having gone round the country to campaign, urged party members to reassure their constituents to come out and vote on the rescheduled dates.

While urging party agents to watch out for the party interests at the polling units the president said that he has directed security agencies to identify hot spots and be ready to move should they suspect any attempts to cause problems by thugs across the country irrespective of party affiliations.

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– Vanguard

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Health & Lifestyle

DR Congo blame Unending Ebola Outbreak on Violence , Community Mistrust.

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DR Congo Ministry of Health spokesperson Jessica Ilunga has declared that violence and community mistrust have continued to hamper all efforts to control and end the fresh Ebola outbreak, which started Aug. 1.



Though according to the World Health Organization the number of new Ebola cases has dropped slightly in the Democratic Republic of the Congo as there are 33% fewer cases to date in February compared with the same time period in December per STAT’s Helen Branswell, but some experts warn Axios that there remain signs that this outbreak is far from over.

Meanwhile, some experts warn that, that doesn’t mean the world’s second-largest Ebola outbreak on record is yet under control, and in fact it could simply be moving to new areas of the sprawling country.

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Johns Hopkins’ public health expert Jennifer Nuzzo maintains there are several reasons people should continue to view this outbreak as a cause for concern.

However, Nuzzo said Congo needs more than money from the international community and the U.S. in particular. Safety concerns have largely caused the CDC to limit its Ebola experts to the capital city of Kinshasa, where some have returned after being evacuated during an uptick in election-related violence, Nuzzo added that Now is the time for the U.S. to send them into the field.

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