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Atiku Criticizes Tinubu’s Borrowing Policies, Calls Out National Assembly for Enabling Debt Crisis

Former Vice-President of Nigeria, Alhaji Atiku Abubakar, has strongly criticized President Bola Tinubu’s administration for what he describes as a reckless borrowing spree, pushing Nigeria into a severe debt crisis. Atiku also accused the National Assembly leadership of enabling the borrowing, calling them accomplices to the economic mismanagement. Nigeria’s Alarming Debt Profile Atiku’s remarks come in response to a recent World Bank report, which ranks Nigeria as the third-largest debtor to the International Development Association (IDA). He expressed deep concern about this development, stating: “The report showing Nigeria as the third most indebted country to the IDA is extremely concerning.” The former vice-president highlighted the administration’s proposal to borrow ₦1.7 trillion via Euro Bonds to address the 2024 budget deficit, a move he described as reckless and ill-planned. Exchange Rate Discrepancy and Fiscal Irresponsibility Atiku also pointed out the flawed nature of the proposed loans, particularly the exchange rate assumptions. “This loan proposal is benchmarked at ₦800 to $1, whereas the Central Bank’s exchange rate exceeds ₦1,600 to $1. Such discrepancies raise serious questions about transparency and fiscal responsibility,” Atiku noted. He further condemned the debt accumulation for its impact on ordinary Nigerians, stating: “These loans are crushing Nigerians with unbearable economic pressure, especially when they are neither well-negotiated nor utilized for genuine development purposes.” National Assembly’s Role in the Debt Crisis Atiku didn’t spare the National Assembly, accusing them of complicity in enabling the government’s borrowing frenzy. “The National Assembly has once again become an accomplice, allowing Nigeria to sink further into debt.” He questioned why the administration continues to borrow despite claims of record revenue collection by agencies like the Federal Inland Revenue Services (FIRS) and Nigerian Customs. Allegations of Corruption and Mismanagement Atiku alleged that the excessive borrowing is fueled by corruption rather than infrastructure development or economic needs. Referring to a recent BudgIt report, he criticized the 2024 budget, calling it “a mess” due to the excessive pork-barrel spending included. “The appetite for these massive loans is driven by corruption rather than genuine national interest,” he asserted. A Call for Fiscal Responsibility Reflecting on past efforts to reduce Nigeria’s foreign debt, Atiku expressed personal disappointment: “Just years after President Obasanjo’s administration freed Nigeria from foreign indebtedness, we are back at the top of the debt trap.” In conclusion, he urged caution and fiscal discipline: “It’s time for this administration to apply more caution and arithmetic to its loan frenzy. Recklessness will only worsen the plight of Nigerians.” Atiku’s criticism underscores the growing concerns over Nigeria’s economic trajectory under President Tinubu’s administration, with calls for greater accountability and transparency in managing public finances. READ ALSO:

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National Assembly Amends Ndlea Act, Endorses Life Imprisonment For Drug Traffickers
National Assembly Amends NDLEA Act, Endorses Life Imprisonment for Drug Traffickers
NEWS

National Assembly Amends NDLEA Act, Endorses Life Imprisonment for Drug Traffickers

In a decisive move aimed at strengthening Nigeria’s fight against drug trafficking, the National Assembly has amended the National Drug Law Enforcement Agency (NDLEA) Act to include life imprisonment for offenders involved in the storage, transportation, or concealment of hard drugs and other illicit substances. This amendment was finalized on Thursday during a plenary session of the Senate, presided over by Deputy Senate President Barau Jibrin. The session garnered overwhelming support from lawmakers for the revised penalties. Harmonizing the Amendments The amendment stemmed from a recommendation by a conference committee comprising members from both the Senate and the House of Representatives. Initially, the House of Representatives proposed life imprisonment as the penalty for drug traffickers, while the Senate’s version of the amendment sought to impose the death penalty. The two chambers established a conference committee to harmonize the differences, resulting in the adoption of the House’s recommendation. Chairman of the Senate Committee on Judiciary, Human Rights, and Legal Matters, Tahir Monguno, presented the committee’s findings during the plenary. He highlighted that enforcing the death penalty could lead to the execution of over 900 individuals currently awaiting trial for drug-related offenses. This concern led to the preference for life imprisonment over capital punishment. Addressing Drug-Related Challenges During the session, Monguno urged his fellow lawmakers to support the revised penalty, emphasizing its potential to deter drug trafficking and reduce the harmful impact of illicit substances on Nigerian society. Deputy Senate President Barau Jibrin subsequently put the resolution to a voice vote, which saw majority support from senators, solidifying its adoption. Driving Credible Journalism The ongoing reforms underscore the government’s commitment to tackling drug-related crimes while fostering national security and public health. READ ALSO:

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Finnish Authorities Arrest Simon Ekpa And Four Others Over Alleged Terrorism Ties In Nigeria
Finnish Authorities Arrest Simon Ekpa and Four Others Over Alleged Terrorism Ties in Nigeria
NEWS

Simon Ekpa to Face Justice in Nigeria: Defence Headquarters Confirms Extradition Plans

The Nigerian Defence Headquarters has confirmed that Simon Ekpa, a self-proclaimed prime minister of the Indigenous People of Biafra (IPOB), will be extradited to Nigeria to face charges of incitement and other criminal allegations. Brigadier General Tukur Gusau, the Director of Defence Information, stated that the Chief of Defence Staff, General Chris Musa, expressed satisfaction with Ekpa’s ongoing legal proceedings in Finland. “General Musa is pleased with Simon Ekpa’s arrest in Finland, seeing it as a critical step toward his extradition to Nigeria, where he will face justice,” Gusau said in a press release shared with SaharaReporters. Legal Challenges Abroad Ekpa’s arrest followed a ruling by the District Court in Lahti, Finland, which ordered his remand on charges of public incitement to commit crimes with terrorist intent in Nigeria. According to the court, these activities date back to August 23, 2021. Authorities have accused Ekpa of using his social media platforms to propagate separatist agendas linked to IPOB, a movement advocating for the secession of southeastern Nigeria. Additionally, Finnish authorities have investigated Ekpa for alleged financial crimes, including illicit fundraising. Crime Commissioner Otto Hiltunen of Finland’s Central Criminal Police stated, “We suspect the individual promoted actions that have resulted in violence against civilians and authorities in southeastern Nigeria. These activities were facilitated through social media.” Broader Investigations and Arrests The investigation into Ekpa’s activities also identified four other suspects accused of financing terrorism. These individuals, reportedly of foreign descent and born between the 1960s and 1970s, allegedly committed crimes in Lahti as recently as August 2022. Reports indicate that international cooperation was pivotal in advancing the investigation. Authorities detained five suspects during the inquiry’s initial stages, emphasizing the global implications of these crimes. Ekpa himself was previously arrested in February 2023 in Lahti. While he was released the same evening after questioning, Finnish authorities continued investigating his activities following numerous reports regarding his online content. Ekpa’s Dual Identity: Activist and Politician Simon Ekpa, a local politician in Finland affiliated with the National Coalition Party, has served as a deputy councillor and a member of Lahti’s public transport board. Despite his political engagement in Finland, Ekpa has actively called for election boycotts and championed the independence of Biafra from his residence in Lahti. A Step Toward Justice The Defence Headquarters in Nigeria views Ekpa’s pending extradition as a significant milestone in addressing crimes linked to IPOB’s separatist activities. The Nigerian government continues to work with international partners to ensure justice is served. READ ALSO:

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Nigerian Lawmakers Reject Proposal For A Six-Year Single Term Presidency
Nigerian Lawmakers Reject Proposal for a Six-Year Single Term Presidency
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Nigerian Lawmakers Reject Proposal for a Six-Year Single Term Presidency

The House of Representatives has rejected a bill proposing a six-year single term for the presidency of Nigeria. The constitutional amendment bill, initially introduced in June by Ikenga Ugochinyere (PDP, Imo) and 33 other lawmakers, was debated and subsequently dismissed on Thursday during a session on its general principles. The bill also included provisions to rotate the presidency between Nigeria’s northern and southern regions and create two vice presidents—one for succession and another responsible for managing the economy. According to the proposal, the first vice president would assume the presidency if the sitting president becomes incapacitated, while the second vice president would serve as a minister overseeing economic affairs. In addition, the bill suggested that the president and the first vice president must hail from the same region (either the North or South), and both vice presidents would serve as ministers within the cabinet. The second vice president would be tasked with economic management. Rejection of the Bill During the plenary session, Ugochinyere was not permitted to lead the debate before his bill was put to vote. Despite his motion to read the bill a second time, the House overwhelmingly voted against it when Speaker Abbas Tajudeen called for a vote. Atiku’s Support for the Bill Former Vice President Atiku Abubakar had expressed support for some aspects of the rejected bill, particularly the idea of rotating the presidency among Nigeria’s six geopolitical zones and the proposed single six-year term. In August, Atiku submitted a memo to Deputy Senate President Barau Jibrin, who also chairs the Senate Committee on Constitution Review, advocating for similar reforms. The 2014 National Conference had previously recommended a power rotation model that included rotating governorship positions among the three senatorial districts in each state. However, the administration of President Goodluck Jonathan did not act on these recommendations before leaving office. READ ALSO:

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Tinubu Says Nigeria Is Seeing Positive Results From Economic Reforms
Tinubu Says Nigeria is Seeing Positive Results from Economic Reforms
NEWS

Tinubu Says Nigeria is Seeing Positive Results from Economic Reforms

President Bola Tinubu has highlighted the positive outcomes of his administration’s economic reforms, which include removing subsidies on petroleum products and floating the naira. While these moves have led to inflation and economic challenges, Tinubu remains confident that the reforms will ultimately benefit Nigeria’s economy. Speaking with Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), on the sidelines of the G20 Leaders’ Summit in Rio de Janeiro, Brazil, Tinubu acknowledged the hardships caused by the reforms but emphasized that Nigerians are beginning to see the long-term advantages. “We have started seeing positive results from our reforms, and the Nigerian people are beginning to understand their necessity,” Tinubu stated. He also recognized the economic strain these changes have placed on the public and promised that the government would continue supporting the most vulnerable citizens through social safety nets. The President also emphasized the urgent need for educational investment, noting that millions of children are still out of school. He stressed that education is a key factor in combating hunger and poverty, and that his administration is focused on creating opportunities to keep children in school. He called on the IMF for support in this area, highlighting the need for investment in infrastructure and expanding the tax base to foster inclusive economic growth. “We are engaging with various stakeholders to expand the economy’s tax base while ensuring that existing taxes do not increase the burden on the people,” he explained. Tinubu also congratulated Georgieva on her re-election as IMF Managing Director and thanked her for her support in Nigeria’s reform process. He called for continued institutional backing to ensure the country’s economic stability and long-term growth. In her remarks, Georgieva commended the Tinubu administration for its economic reforms, acknowledging their positive impact. She also expressed a desire to visit Nigeria and reiterated the IMF’s commitment to supporting Nigeria’s diversification efforts. Georgieva praised the social investment programs aimed at assisting the most vulnerable citizens, stressing that the IMF is focused on supporting emerging economies. She also offered technical support for Nigeria’s budgeting process, which would help optimize the benefits of future loans. READ ALSO:

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Senate Approves Tinubu’s $2.2 Billion Loan Request To Fund 2024 Budget Deficit
Senate Approves Tinubu’s $2.2 Billion Loan Request to Fund 2024 Budget Deficit
NEWS

Senate Approves Tinubu’s $2.2 Billion Loan Request to Fund 2024 Budget Deficit

The Senate has officially approved President Bola Tinubu’s request for a $2.2 billion loan, aimed at addressing part of the ₦9.7 trillion budget deficit for the 2024 fiscal year. This approval came after a report was presented by Aliyu Wamakko, the Chairman of the Senate Committee on Local and Foreign Debts, during a plenary session. Deputy Senate President Jibrin Barau, who presided over the session, praised the committee for its swift and thorough examination of the loan proposal. In a letter read at both the Senate and House of Representatives plenaries earlier this week, President Tinubu outlined that the loan would be integral to his administration’s fiscal strategy for 2024. Senate President Godswill Akpabio, reading from the letter, confirmed that the $2.2 billion (approximately ₦1.77 trillion) is already included in Nigeria’s external borrowing plan for the upcoming fiscal year. Akpabio also directed the Senate Committee on Local and Foreign Debts to expedite its review of the loan request and report its findings within 24 hours. Despite the deadline passing on Wednesday, the committee submitted its report on Thursday, leading to the loan’s approval. Wamakko’s report, titled Implementation of New External Borrowing of ₦1.77 Trillion ($2.2 Billion) in the 2024 Appropriation Act, explained that the loan is crucial for funding ongoing projects as outlined in the 2024 Appropriation Act, which are essential for Nigeria’s growth and development. According to Wamakko, the loan will also aid in the implementation of Nigeria’s Debt Management Strategy, which aims to reduce borrowing costs, extend debt maturity, create space for domestic market borrowers, and boost the nation’s external reserves. He further explained that Nigeria could raise the required funds through various means, including issuing Eurobonds in the International Capital Market (ICM). The committee recommended that the Senate approve the external borrowing of ₦1.77 trillion ($2.21 billion), which will be raised from one or more sources, such as the issuance of Eurobonds, sovereign Sukuk debt, or syndicated loans, depending on market conditions. Wamakko added that, given the increase in the official exchange rate from USD1.00/₦800 to approximately ₦1,640, the extra funds generated from this adjustment should be exclusively directed toward capital projects in 2024. This would ensure that additional funds are channeled into infrastructure and developmental projects, contributing to long-term growth and stability for the country. Following the presentation of the report, the Senate approved the loan without any objections, at the Committee of Supply. In conclusion, the Deputy Senate President commended the Senate committee for their thorough work, expressing gratitude for the timely handling of the matter. READ ALSO:

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Sanwo-Olu Presents ₦3 Trillion 2025 Budget To Lagos State House Of Assembly
Sanwo-Olu Presents ₦3 Trillion 2025 Budget to Lagos State House of Assembly
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Sanwo-Olu Presents ₦3 Trillion 2025 Budget to Lagos State House of Assembly

Governor Babajide Sanwo-Olu of Lagos State has unveiled a ₦3.005 trillion budget proposal for 2025, emphasizing infrastructural development and sustainability. The proposed budget, themed the “Budget of Sustainability,” highlights capital projects aimed at fostering economic growth and improving the quality of life for Lagosians. The presentation was made on November 21, 2024, at the Lagos State House of Assembly in Alausa, with key state officials, including Deputy Governor Dr. Femi Hamzat and Speaker Mudashiru Obasa, in attendance. Budget Breakdown The proposed 2025 budget allocates ₦1.7 trillion to capital expenditures and ₦1.2 trillion to recurrent spending. According to Governor Sanwo-Olu, this balance ensures both immediate service delivery and long-term infrastructure development. Revenue Sources: These figures reflect Lagos State’s commitment to self-reliance while leveraging federal support to bolster its development agenda. Key Pillars of the Budget Governor Sanwo-Olu outlined five strategic pillars to drive the 2025 fiscal agenda: Progress and Achievements Governor Sanwo-Olu also reviewed the achievements of previous budgets: Closing Remarks Governor Sanwo-Olu concluded by reaffirming his administration’s commitment to building a resilient and inclusive Lagos. He expressed gratitude to the 10th Lagos State House of Assembly for their collaboration and support. The 2025 Budget of Sustainability underscores Lagos’s readiness to address today’s challenges while securing a prosperous future for generations to come. Paraphrased Blog Post: Lagos State Governor Presents 2025 ‘Budget of Sustainability’ to House of Assembly Lagos State Governor Babajide Olusola Sanwo-Olu has unveiled the 2025 Budget Proposal, aptly titled the “Budget of Sustainability,” to the Lagos State House of Assembly. The ambitious budget focuses on driving economic growth, enhancing public services, fostering sustainability, and improving the quality of life for all Lagosians. Achievements and Programs Highlighted Food Security and Economic Growth The administration has made remarkable progress in securing food availability and empowering farmers through various agricultural initiatives: These programs collectively boost food production, create jobs, and stimulate Lagos’ economy. Support for MSMEs and Startups Lagos remains a hub for Micro, Small, and Medium Enterprises (MSMEs) and tech startups, driving innovation and economic progress: Arts, Culture, and Tourism Development The administration is revitalizing cultural and historical landmarks, enhancing tourism, and preserving Lagos’ rich heritage: These projects aim to promote cultural appreciation while boosting economic activity through tourism. Environmental Sustainability Lagos is taking bold steps to address environmental challenges and promote sustainability: Governance and Institutional Reforms Technological Advancements The administration is leveraging technology to digitize governance, streamline operations, and improve service delivery: Security and Public Safety Significant investments in security include: Budget Overview for 2025 The proposed budget for 2025 amounts to ₦3.005 trillion, comprising: Key allocations include: Governor’s Commitment Governor Sanwo-Olu emphasized that the 2025 Budget is a practical framework aimed at meeting present needs while creating opportunities for future generations. He acknowledged the role of public-private partnerships and commended Lagosians for their trust and cooperation. With this bold proposal, the administration is poised to propel Lagos towards becoming a more sustainable, inclusive, and globally competitive megacity. READ ALSO:

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Finnish Authorities Arrest Simon Ekpa And Four Others Over Alleged Terrorism Ties In Nigeria
Finnish Authorities Arrest Simon Ekpa and Four Others Over Alleged Terrorism Ties in Nigeria
NEWS

Finnish Authorities Arrest Simon Ekpa and Four Others Over Alleged Terrorism Ties in Nigeria

In a significant crackdown, Finnish authorities have detained pro-Biafra activist Simon Ekpa alongside four others for alleged terrorism-related offenses connected to violent activities in Nigeria. Ekpa, known as the self-proclaimed “Prime Minister” of the Biafra Republic Government in Exile, is accused of using social media to incite violence in Southeastern Nigeria. Simon Ekpa Arrested for Terrorism Incitement The Päijät-Häme District Court has remanded Ekpa in custody following an investigation by the Finnish Central Criminal Police. He faces charges of public incitement to commit crimes with terrorist intent, while the other suspects are being investigated for financing terrorism-related crimes. In a statement, the Finnish police disclosed that the investigation involves a Finnish citizen of Nigerian origin, born in the 1980s, who allegedly incited criminal acts with terrorist objectives. Allegations of Incitement and Terrorism Financing Crime Commissioner Otto Hiltunen stated that Ekpa’s activities on social media have directly fueled violence in Nigeria, targeting civilians and government officials. Finnish authorities emphasized that the arrest reflects their commitment to combating terrorism and disrupting its funding networks. Global Cooperation Against Terrorism This arrest underscores the importance of international collaboration in addressing terrorism and its associated crimes. Finnish law enforcement has assured the public that thorough investigations are ongoing to uncover the full scope of the activities. Ekpa, a controversial figure, has long been a vocal supporter of Biafra separatism. His detention may mark a turning point in efforts to curb violence in Nigeria’s Southeastern region, which has been plagued by unrest. READ ALSO:

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NEWS

Where Is the Garden of Eden Located in the World? Exploring the Mystery

The Garden of Eden is one of the most fascinating stories from the Bible, described as a paradise where the first humans, Adam and Eve, lived. Over the centuries, many have pondered its location, sparking debates among theologians, historians, and archaeologists. But where is the Garden of Eden located in the world? Let’s dive into biblical clues, historical theories, and scientific interpretations to uncover the mystery. Biblical Description of the Garden of Eden The Garden of Eden is introduced in the Book of Genesis. It is depicted as a lush paradise, full of life and resources, where humans lived in harmony with nature until the Fall. The Bible provides some geographical hints about its location: Theories About the Location of the Garden of Eden 1. Mesopotamia (Modern-Day Iraq) Many scholars suggest Mesopotamia as the most likely location. The Tigris and Euphrates rivers flow through this region, and the fertile land between them has often been referred to as the “Cradle of Civilization.” However, the Pishon and Gihon rivers remain unidentified, casting some doubt on this theory. 2. Armenia (Eastern Turkey) Another theory places Eden in the Armenian Highlands near the headwaters of the Tigris and Euphrates. This mountainous region, with its proximity to other ancient river systems, fits the description of Eden as a source of major rivers. 3. Africa (Ethiopia) The mention of the Gihon river “encompassing the land of Cush” (Genesis 2:13) has led some to suggest that Eden may be linked to Africa, specifically Ethiopia or Sudan. Supporters of this theory argue that the Nile River may have been connected to the story of Eden. 4. Persian Gulf Some researchers believe Eden lies beneath the Persian Gulf, which was a fertile landmass during the last Ice Age. Geological evidence suggests that rivers flowing into the Gulf could match the biblical description of Eden’s water systems. 5. Symbolic Location Some theologians and scholars argue that the Garden of Eden may not correspond to a physical place but instead serves as a symbolic representation of humanity’s initial state of harmony with God and nature. Scientific Perspectives Modern science, while not concerned with the spiritual aspects of Eden, has weighed in on the discussion. Archaeological findings in Mesopotamia, including evidence of ancient river systems and fertile lands, lend some credence to the idea that Eden might have been a real geographical location. However, without definitive proof of the four rivers mentioned in Genesis, the exact location remains elusive. Why Does the Location Matter? The search for Eden isn’t just about finding a geographical spot—it’s about understanding humanity’s origins. For many, it symbolizes a perfect state of being, a world unmarred by sin and suffering. Discovering Eden, or at least pinpointing its potential location, could bridge the gap between faith, history, and science. Conclusion The question “Where is the Garden of Eden located in the world?” continues to intrigue believers and scholars alike. Whether it was in Mesopotamia, Africa, or beneath the Persian Gulf, the true location remains a mystery shrouded in history and faith. While its exact coordinates may never be confirmed, the Garden of Eden continues to inspire wonder, reminding us of a time when humanity was in perfect harmony with creation. READ ALSO:

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Victor Osimhen, Davido, And Other Top Africans Honored At The Yessiey Awards
Victor Osimhen, Davido, and Other Top Africans Honored at the Yessiey Awards
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Victor Osimhen, Davido, and Other Top Africans Honored at the Yessiey Awards

LAGOS – A Celebration of African Excellence The Yessiey Awards, a distinguished event organized by Yessiey Magazine, has once again spotlighted outstanding African achievers across diverse fields. Football icon Victor Osimhen and global music sensation Davido were among the top personalities honored during the 2024 ceremony. This annual event highlights exceptional contributions in sectors such as entertainment, sports, humanitarian work, and entrepreneurship, showcasing Africa’s wealth of talent and influence. Recognizing Africa’s 100 Most Influential People A key highlight of the event was the prestigious Yessiey Africa 100 Most Influential People Award, designed to celebrate individuals whose work has significantly transformed their industries and communities. This recognition fosters a culture of excellence while inspiring future generations to strive for greatness. Since its inception in 2022, the Yessiey Awards have quickly earned a reputation for promoting role models who make lasting impacts in their fields. This year’s honorees exemplify dedication, innovation, and a relentless drive for success. Victor Osimhen: Rising Star in Football Victor Osimhen, Nigeria’s prolific striker currently playing for Napoli in Italy’s Serie A, was recognized for his stellar contributions to football. Known for his speed, precision, and goal-scoring prowess, Osimhen played a key role in Napoli’s Serie A title triumph. His achievements reflect the unifying power of sports and stand as a source of pride for the African continent. Davido: Driving Afrobeat Global Davido, one of Africa’s most celebrated musicians, was honored for his exceptional contributions to music and philanthropy. As a trailblazer of the Afrobeat genre, Davido has amplified African culture on a global stage. Beyond his music, his charitable efforts highlight his commitment to societal upliftment, inspiring others to use their platforms for positive change. Shining a Light on Diverse Achievements The awards extended recognition to a variety of leaders, including entrepreneurs, activists, and innovators. Their remarkable strides in fields like technology, education, and social impact underscore the vast potential within Africa. By sharing these stories of resilience and success, the Yessiey Awards foster a culture of appreciation and drive societal progress. A Platform for Dialogue and Inspiration This year’s event included discussions on key challenges facing Africa, such as economic development, education, and healthcare. Speakers emphasized the importance of unity and collaboration among African nations to tackle these issues effectively. Youth leadership also took center stage, with many honorees demonstrating that age is no barrier to creating meaningful change. Their accomplishments affirm the potential of young Africans to lead innovation and drive development across various sectors. Notable Honorees and Their Contributions The Yessiey Awards recognized a wide array of influential figures, including: These icons highlight the diversity of fields in which Africans are excelling, reinforcing the narrative of progress and achievement across the continent. The Yessiey Awards: A Growing Legacy As the Yessiey Awards continue to gain prominence, they are becoming a cornerstone event in celebrating African excellence. Beyond honoring individual successes, the awards contribute to a broader vision of Africa’s progress on the global stage. Conclusion The Yessiey Awards exemplify the power of recognition in inspiring innovation, leadership, and dedication across Africa. By celebrating the achievements of remarkable individuals like Victor Osimhen and Davido, the awards encourage others to pursue their aspirations and contribute to societal betterment. As Africa’s story continues to unfold, the Yessiey Awards stand as a symbol of hope, highlighting the continent’s immense potential and fostering a legacy of excellence for future generations. READ ALSO:

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Nigeria Customs Service Partners With India On Trade Facilitation
Nigeria Customs Service Partners with India on Trade Facilitation
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Nigeria Customs Service Partners with India on Trade Facilitation

The Nigeria Customs Service (NCS) has signed a Customs Mutual Administrative Agreement (CMAA) with India, a significant step toward strengthening bilateral trade relations. The agreement, finalized on November 16, 2023, was formalized during a ceremony at the Ministry of Foreign Affairs in Abuja, with the Comptroller-General of Customs (CGC), Adewale Adeniyi, representing Nigeria. A Landmark in Bilateral Cooperation The CMAA coincides with the state visit of the Indian Prime Minister to Nigeria on November 17, 2023. CGC Adeniyi described the agreement as a “milestone achievement” that results from negotiations initiated in 2016. He highlighted that the agreement aims to: Key Features of the Agreement The CMAA is designed to facilitate seamless trade and ensure compliance with customs regulations. Its provisions include: Boosting Trade and Economic Growth This collaboration underscores Nigeria’s commitment to fostering international trade partnerships. By working closely with India, Nigeria aims to: The CMAA not only reinforces the integrity of customs practices but also signals Nigeria’s dedication to promoting transparency, reducing trade barriers, and facilitating economic growth. This partnership is expected to create a mutually beneficial relationship, enhancing trade volumes and paving the way for deeper integration into the global economy. READ ALSO:

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The United Nations Children'S Fund (Unicef) Has Revealed That Approximately 4.9 Million Children In Nigeria Are In Dire Need Of Humanitarian Assistance.
The United Nations Children's Fund (UNICEF) has revealed that approximately 4.9 million children in Nigeria are in dire need of humanitarian assistance.
NEWS

4.9 Million Nigerian Children Require Urgent Humanitarian Aid – UNICEF

The United Nations Children’s Fund (UNICEF) has revealed that approximately 4.9 million children in Nigeria are in dire need of humanitarian assistance. This alarming statistic was highlighted in UNICEF’s 2024 State of Nigeria’s Children Report, which underscores the pressing challenges faced by the nation’s youngest population. Alarming Figures and Challenges Nigeria, home to 110 million children—nearly half of its total population—faces stark realities: Education in Crisis Education remains a critical concern, with 18.3 million children out of school, including: Other distressing educational statistics include: Violence and Protection The report revealed that 90% of children under five years have experienced some form of violence, further exacerbating the challenges of a safe and healthy upbringing. Call for Increased Investments UNICEF Representative Cristian Munduate emphasized the need for greater investments in health, education, and child protection. She urged that Nigeria must prioritize its children, stating, “The prosperity of Nigeria should start with children. Resources must reach the most vulnerable to address malnutrition, lack of education, violence, and health disparities.” Munduate also noted that the current budget allocations for education and health fall below international benchmarks, hindering efforts to address these critical issues. Government and Private Sector Commitment Atiku Bagudu, Minister of Budget and Economic Planning, affirmed that Nigerian children remain a top priority for the government. He noted that the report would guide planning and implementation of impactful programs to tackle these challenges, stating, “Through accelerated economic growth, social protection programs, and investments in nutrition and maternal-child health, we are committed to reducing child poverty.” Tayo Aduloju, CEO of the Nigerian Economic Summit Group, described the situation as an existential crisis, warning that the nation’s future economic competitiveness and human capital development are at risk. He pledged ongoing support from the private sector to address these pressing issues. Call to Action The report concludes with an urgent appeal to stakeholders across government, private sector, and civil society to rally around the needs of Nigerian children. Programs aimed at improving nutrition, ensuring education access, and addressing violence are not just interventions—they are a lifeline for the future of Nigeria. READ ALSO:

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Drunk Wike Embarrasses Indian Prime Minister, Banned From Aso Rock
Drunk Wike Embarrasses Indian Prime Minister, Banned from Aso Rock
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Drunk Wike Embarrasses Indian Prime Minister, Banned from Aso Rock

On Sunday, FCT Minister Nyesom Wike caused a major embarrassment to Indian Prime Minister, Shri Narendra Modi, during his state visit to Nigeria. Wike, visibly intoxicated, greeted Modi at the Nnamdi Azikiwe International Airport in Abuja, presenting him with the key to the city. After a brief photo session, Wike, under the influence of alcohol, began slurring his words while attempting to converse with the Prime Minister. As Modi proceeded toward his convoy, Wike continued to follow, stumbling and slurring, which made the Indian leader visibly uncomfortable. Security personnel from both Nigerian and Indian teams quickly intervened and escorted Modi to his vehicle. The incident quickly made its way to Aso Rock, prompting immediate action. Security officials were instructed to deny Wike entry to Aso Rock Villa while Modi was in the country for his official visit with President Bola Tinubu. READ ALSO:

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