By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Newsunplug KenyaNewsunplug KenyaNewsunplug Kenya
  • News
    • Metro
    • Politics
    • Business
  • Entertainment
  • Lifestyle
  • Sports
  • Tech
  • Spotify
Reading: Senegal opposition coalition promises new currency and revamp of oil contracts
Share
Notification Show More
Font ResizerAa
Newsunplug KenyaNewsunplug Kenya
Font ResizerAa
  • News
  • Entertainment
  • Lifestyle
  • Sports
  • Tech
  • Spotify
  • News
    • Metro
    • Politics
    • Business
  • Entertainment
  • Lifestyle
  • Sports
  • Tech
  • Spotify
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Newsunplug Kenya > Blog > News > Senegal opposition coalition promises new currency and revamp of oil contracts
News

Senegal opposition coalition promises new currency and revamp of oil contracts

new5nuke
Last updated: March 11, 2024 3:42 am
new5nuke
1 year ago
Share
SHARE

A Senegalese opposition coalition backed by popular firebrand Ousmane Sonko launched its presidential campaign platform on Saturday with promises to create a new national currency and renegotiate mining and energy contracts.

There are no public election opinion polls in Senegal, but the coalition’s candidate, Bassirou Diomaye Faye, is seen as a strong contender among the 19 candidates vying for the presidency in the March 24 vote.

If he is elected, the coalition’s plans could have significant implications for the eight-nation West African Economic and Monetary Union and for Senegal’s plans to become an oil producer later this year.

“Convinced that full independence cannot be achieved without controlling the economy, livestock management, fisheries and agriculture, we are fully committed to achieving food, digital, fiscal, energy and scientific sovereignty,” Faye said in an introduction to the 84-page platform document.

Members of Sonko’s dissolved Pastef party and other parties formed a coalition and picked Faye as a candidate in November after Sonko was disqualified over a defamation conviction.

Sonko has called on his supporters to back Faye – a concern for competitors since Sonko enjoys widespread support, particularly among young people frustrated with economic hardships and a lack of jobs in the country of 17 million.

READ MORE  Section Of Ngong Road To Be Closed On Sunday

The coalition’s platform lays out proposals it says will tackle inequalities and boost employment, but it also plans significant governance shake-ups including the creation of a vice-president role and the abolition of the prime minister’s position.

Its proposals that might particularly worry regional allies and investors include tax and customs reforms, the introduction of a national currency, and the renegotiation of contracts related to mining, hydrocarbons, public procurement and infrastructure.

Tanzania’s opposition leader Tundu Lissu released on bail
Nakuru combats falsehoods to boost use of the HPV vaccine
Atwoli Issues Demands To James Finlay After Sexual Abuse Exposé
Family Of Police Officer Swept By Floods In Nairobi Calls For Justice
Karua granted temporary license to represent Besigye in Ugandan court
Share This Article
Facebook Email Print
Previous Article #Guardiola names player he wished he’d coached
Next Article Director Trevor explains why he couldn’t work with Eve Mungai after ending relationship
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

about us

We influence 20 million users and is the number one business and technology news network on the planet.

Recent Posts

  • Watchman arrested for defilement of 4-year-old girl waiting for mum at school
  • Man beaten by locals, car torched over livestock theft in Uasin Gishu
  • Saba Saba: Nanyuki family seeks justice after daughter dies in police custody
  • Kisumu: Investigations after man hacked to death in suspected love triangle
  • Governor Wanga: CoB Nyakang’o is competent but overstepping her mandate

Recent Comments

No comments to show.
Newsunplug KenyaNewsunplug Kenya
© Newsunplug Kenya. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?