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Libyan Government hands over US$250,000 to NEMO

Libyan Government hands over US$250,000 to NEMO

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The National Emergency Management Office (NEMO) has received a cheque of US$250,000 from the Government of Libya.{{more}}

The cheque was handed over to NEMO yesterday at the Foreign Affairs conference room. The money will go towards funding recovery efforts for damage done as a result of the passing of Hurricane Tomas.

The donation comes amidst widespread protest in Libya.

Fears that Libya is heading toward civil war weighed on world stocks yesterday and pushed oil prices sharply higher.

With reports suggesting that more than 200 people have been killed in clashes that have spread to the capital, Tripoli, investors were getting increasingly worried about the escalating violence in one of Africa’s biggest oil producers.

Those concerns were heightened on Sunday evening by a statement from Seif al-Islam Gaddafi, the son of Libya’s longtime leader Moammar Gaddafi. Blaming everyone from drug addicts to the media for the current turmoil afflicting Libya, he warned that civil war was a real possibility and that his father would fight until “the last bullet.”

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