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Gambia's National Assembly has passed a resolution to allow President Yahya Jammeh, who lost an election in December, to stay in office for three months from Wednesday when he was due to leave power. The decision announced on state television will raise tension with leaders of the West African bloc ECOWAS who have threatened sanctions or military force to make Jammeh hand over to opposition leader Adama Barrow who won the election. Jammeh on Tuesday declared a state of emergency, saying it was to prevent a power vacuum while the supreme court rules on his petition challenging the election result.
Nigerian lawmakers have adopted the official exchange rate of 305 naira per dollar for the 2017 budget but have asked the central bank to initiate measures to close the 40 percent spread with the black market, deputy senate president said on Tuesday. Members of the upper house of parliament said during a review of the budget on Tuesday that they were worried about the exchange rate differential, which they described as damaging to the economy and said had led to a loss of investor confidence.