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Home > Archives for > Page 97
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Nelson Ugwuagbo

Nelson Ugwuagbo

Food
Headlines

65% of Nigerian Households Can’t Afford Healthy meals – NBS

by Nelson Ugwuagbo November 22, 2024
written by Nelson Ugwuagbo

The National Bureau of Statistics (NBS) has reported that food scarcity, insecurity, and rising costs have forced 65 percent of Nigerian households to forgo healthy meals due to financial constraints.

The findings, released in the General Household Survey Panel (Wave 5) conducted in partnership with the World Bank, highlight a growing food insecurity crisis across the country.

According to the report, 71 percent of households experienced price increases in major food items, while over one-third faced food shortages within the past year, particularly during June, July, and August.

As a result, nearly half (48.8 percent) of households reported reducing their food consumption as a coping mechanism. The survey also noted a sharp rise in concerns over food scarcity, with 62.4 percent of households worried about having insufficient food, compared to 36.9 percent in 2019 (Wave 4).

The NBS attributed this surge to worsening food insecurity, with over half of Nigerian families struggling to meet dietary needs.

“Approximately two out of three households (65.8 percent) reported being unable to eat healthy, nutritious, or preferred foods due to lack of money in the last 30 days,” the report revealed.

Additional findings showed:

63.8 percent of households consumed only limited types of food due to financial challenges.

60.5 percent ate less than they thought they should.

12.3 percent of households reported at least one person going without food for an entire day.

20.8 percent relied on borrowing food or assistance from friends and relatives.

Regional disparities were also evident, with southern zones reporting higher incidents of food insecurity. The proportion of households skipping meals ranged from 50.1 percent in the South West to 62.4 percent in the South East. In the northern zones, the rates varied between 34.0 percent in the North Central and 48.3 percent in the North East.

The report underscores the urgent need for interventions to address Nigeria’s deepening food insecurity and rising poverty levels.

November 22, 2024 0 comments
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Wizkid
Entertainment

Wizkid Breaks Records as All Tracks from ‘Morayo’ Dominate Top 17 on Apple Music

by Nelson Ugwuagbo November 22, 2024
written by Nelson Ugwuagbo

Afrobeats star Wizkid has set a new milestone as every track from his latest album, Morayo, occupies the top 17 positions on Apple Music. This achievement came less than 10 hours after the album’s release on November 22, 2024.

Morayo, a tribute to Wizkid’s late mother, Juliana Morayo Balogun, who passed away in August 2023, has already made a significant impact. The album’s lead single, Piece of My Heart, secured No. 4 on the U.S. Afrobeats Songs chart and No. 7 on the World Digital Song Sales chart.

The album also shattered streaming records in Nigeria, with one of its singles racking up 1.57 million streams on Spotify within its first day.

November 22, 2024 0 comments
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Supreme Court
Headlines

BREAKING: Supreme Court Voids National Lottery Act

by Nelson Ugwuagbo November 22, 2024
written by Nelson Ugwuagbo

The Supreme Court has invalidated the National Lottery Act 2005, ruling that the National Assembly lacked the constitutional authority to legislate on matters related to lotteries and games of chance.

In a unanimous decision by a seven-member panel, delivered on Friday, the court declared that only state Houses of Assembly have exclusive jurisdiction over such issues. The lead judgment was read by Justice Mohammed Idris.

The ruling follows a 2008 lawsuit filed by Lagos State and other states challenging the National Assembly’s powers to enact the law.

The court further ordered that the National Lottery Act 2005 should no longer be enforced in any state of the federation, except in the Federal Capital Territory (FCT), which falls under the legislative authority of the National Assembly.

November 22, 2024 0 comments
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Abdoulaye Maiga
Headlines

Mali Junta Names General Abdoulaye Maiga as Prime Minister

by Nelson Ugwuagbo November 22, 2024
written by Nelson Ugwuagbo

Mali’s military junta has strengthened its grip on power by appointing General Abdoulaye Maïga as the country’s new prime minister. The announcement, made on state television ORTM, follows the dismissal of civilian Prime Minister Choguel Kokalla Maïga, who had raised concerns over the junta’s decision to delay the presidential elections originally scheduled for 2024.

Choguel Maïga’s removal was formalized through a presidential decree signed by interim leader General Assimi Goïta. The appointment of General Abdoulaye Maïga, a key figure within the junta, consolidates the military’s control over Mali’s transitional government, encompassing the executive, legislative, and now the prime ministerial office. Despite sharing the same surname, Choguel and Abdoulaye Maïga are not related.

The junta, which seized power in two coups in 2020 and 2021, has repeatedly delayed the country’s transition to civilian rule, citing security concerns. Analysts believe General Maïga’s close ties to General Goïta were instrumental in his selection. “The choice of General Maïga signals a more assertive military stance as the country approaches the prospect of elections next year,” said Ulf Laessing, director of the Sahel Program at the Konrad Adenauer Foundation.

General Abdoulaye Maïga, 43, has served in multiple high-profile roles, including deputy prime minister, government spokesperson, and minister of territorial administration. Known for his fiery rhetoric, he has frequently criticized France and the now-disbanded United Nations peacekeeping mission, MINUSMA. At the United Nations General Assembly in September, he condemned Algerian diplomats who accused Malian military operations of causing civilian casualties near the Algeria-Mali border.

Since taking power, the junta has tightened restrictions on freedom of expression, with reports of over a dozen politicians and activists detained for opposing military rule. The appointment of General Maïga as prime minister underscores the junta’s firm hold on Mali’s governance as the country’s path to a promised return to civilian rule remains uncertain.

November 22, 2024 0 comments
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Bode George
Headlines

“Stop Contesting Presidency, You Will be 81 in 2027”, Bode George Tells Atiku

by Nelson Ugwuagbo November 22, 2024
written by Nelson Ugwuagbo

Bode George, a member of the Peoples Democratic Party (PDP) Board of Trustees, has called on former Vice President Atiku Abubakar to reconsider his political ambitions for the 2027 presidential election.

Speaking at a press conference in Lagos on Thursday to mark his 79th birthday, George urged Atiku, who will be 81 in 2027, to step back and allow younger candidates to emerge. Highlighting Atiku’s long history of presidential bids since 1993, George appealed to him to embrace the role of a statesman for the good of the party and the nation.

“I appeal to you in the name of the Almighty Allah that you serve, take it easy and leave everything for prosperity,” George said.

The PDP stalwart also raised concerns over the state of the party, citing internal divisions and self-serving interests as major challenges ahead of the 2027 general elections. He described the PDP as “a shadow of itself” and blamed some members for undermining efforts to strengthen the party’s unity.

George called for urgent reforms within the PDP and emphasized the importance of inclusivity as the party prepares for its National Convention. He also criticized certain members of the party, whom he referred to as “desperados,” accusing them of collaborating with the ruling All Progressives Congress (APC) to the detriment of the PDP’s prospects.

Reflecting on the party’s founding ideals, George lamented that the vision of the PDP’s deceased founding fathers had been betrayed by factionalism and personal ambition. He urged members to prioritize the party’s collective goals over individual interests to rebuild its reputation and electoral strength.

In his concluding remarks, George reiterated the need for unity within the PDP, warning that its future success hinges on the ability of its members to work together for the greater good.

November 22, 2024 0 comments
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Tinubu
Business

“We strongly support Tinubu’s Economic Reforms” – IMF

by Nelson Ugwuagbo November 21, 2024
written by Nelson Ugwuagbo

Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), has expressed strong support for Nigeria’s economic reforms under President Bola Tinubu’s administration.

Georgieva made the statement on Thursday via her official X account following a meeting with Tinubu on the sidelines of the G20 Summit in Brazil.

“Excellent meeting with 🇳🇬 President @officialABAT at the #G20 Summit,” Georgieva wrote. “Commended Nigeria’s decisive actions to reform the economy, accelerate growth, and generate jobs for its vibrant population. The IMF strongly supports Nigeria on this journey.”

The Tinubu administration has implemented several key reforms, including the removal of the petrol subsidy, liberalisation of the foreign exchange system, and deregulation of the petroleum downstream sector. These measures are aimed at resetting Nigeria’s economy, rebuilding investor confidence, and attracting investments in critical sectors.

In a speech on June 12, marking Nigeria’s 25th Democracy Day, Tinubu acknowledged the country’s economic instability and highlighted the urgency of implementing long-overdue reforms. He assured Nigerians that his administration was working to address the nation’s economic challenges.

The World Bank also lauded the reforms during the launch of the Nigeria Development Update (NDU) report on October 17 in Abuja. It noted that while the policies have begun yielding positive outcomes, widespread economic hardship persists. The World Bank warned that reversing the reforms would have devastating consequences for Nigeria.

The IMF and other global financial institutions continue to advocate for the continuity of these reforms to ensure long-term economic stability and growth for the country.

November 21, 2024 0 comments
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Tinubu
Headlines

National Assembly Approves President Tinubu $2.2bn Loan

by Nelson Ugwuagbo November 21, 2024
written by Nelson Ugwuagbo

The Senate and House of Representatives have approved a $2.2 billion loan request from President Bola Tinubu to address the N9.1 trillion deficit in the 2024 budget.

The approval came on Thursday after both chambers considered reports from their respective committees on local and foreign debts. The funds, equivalent to approximately N1.7 trillion at an exchange rate of N800 to the dollar, will be raised through financial instruments such as Eurobonds and Sukuk.

Aliyu Wamakko, chair of the Senate Committee on Local and Foreign Debts, presented the report and emphasized the significance of the funding for the country’s economic framework.

Earlier this week, Tinubu submitted the loan request to the National Assembly following the Federal Executive Council’s (FEC) approval of the borrowing plan. According to Wale Edun, Minister of Finance and Coordinating Minister of the Economy, the $2.2 billion will be sourced from $1.7 billion in Eurobonds and $500 million through Sukuk financing.

Edun further clarified that the borrowing will be executed within this fiscal year, with the final funding approach determined by market conditions and guidance from transaction advisers.

The federal government has also proposed N47.9 trillion as the total expenditure for the 2025 fiscal year, reflecting its broader financial and economic reform agenda.

November 21, 2024 0 comments
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Russia
Headlines

Russia fires intercontinental ballistic missile in attack on Ukraine

by Nelson Ugwuagbo November 21, 2024
written by Nelson Ugwuagbo

Russia fired an intercontinental ballistic missile during an attack on the Ukrainian city of Dnipro on Thursday, Kyiv’s air force said, in what would be the first use in war of a weapon designed to deliver long-distance nuclear strikes.

The launch, if confirmed, highlights rapidly rising tensions in the 33-month-old war after Ukraine fired U.S. and British missiles at targets inside Russia this week despite warnings by Moscow that it would see such action as a major escalation.

Security experts said it would be the first military use of an intercontinental ballistic missile. ICBMs are strategic weapons designed to deliver nuclear warheads and are an important part of Russia’s nuclear deterrent.

“Today there was a new Russian missile. All the characteristics – speed, altitude – are (of an) intercontinental ballistic (missile). An expert (investigation) is currently underway,” Ukrainian President Volodymyr Zelenskiy said in a video statement.

The Ukrainian air force said the missile was fired from the Russian region of Astrakhan, more than 700 km (435 miles) from Dnipro in central-eastern Ukraine. It did not specify what kind of warhead the missile had or what type of missile it was. There was no suggestion it was nuclear-armed.

Ukrainska Pravda, a Kyiv-based media outlet, cited anonymous sources saying the missile was an RS-26 Rubezh, a solid-fuelled intercontinental ballistic missile with a range of 5,800 km, according to the Arms Control Association.

The RS-26 was first successfully tested in 2012, and is estimated to be 12 metres (40 ft) long and weigh 36 tons, according to the Centre for Strategic and International Studies (CSIS). It said the RS-26 can carry an 800-kg (1,765-pound)nuclear warhead.

November 21, 2024 0 comments
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Police
Headlines

Tension in Anambra as Security Agents Mistake Each Other for IPOB Militants, Open Fire on Themselves

by Nelson Ugwuagbo November 21, 2024
written by Nelson Ugwuagbo

Security operatives exchanged gunfire in Nnewi, Anambra State, on Wednesday after mistaking each other for members of the proscribed Indigenous People of Biafra (IPOB).

The incident occurred at Izuchukwu Junction along the Nnobi/Nnewi road around 7 p.m., sparking tension in the area. Tochukwu Ikenga, spokesperson for the Anambra State Police Command, clarified that the clash was not an attempt to disrupt the burial of late Senator Ifeanyi Ubah, as speculated in some reports.

Ikenga explained that the misunderstanding arose when one security agency mistook police operatives for hostile forces and opened fire on them.

“Preliminary investigations reveal that the security operatives had trailed a suspect to a checkpoint before the gunfire ensued,” Ikenga said.

He added that bullets struck the fuel tank of a Toyota Venza Sedan carrying the police operatives, causing the vehicle to catch fire. Two innocent passersby were injured in the incident and are currently receiving treatment at a hospital.

The police spokesperson urged residents to remain calm as joint security forces have been deployed to maintain peace during the burial ceremonies. He assured the public that investigations are ongoing to prevent a recurrence of such incidents.

November 21, 2024 0 comments
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Simon Ekpa
Headlines

JUST IN: Simon Ekpa Arrested in Finland For Terrorism Related Offences

by Nelson Ugwuagbo November 21, 2024
written by Nelson Ugwuagbo

Simon Ekpa, a self-proclaimed leader of the proscribed Indigenous People of Biafra (IPOB), has been arrested and remanded in Finland for disseminating terrorist propaganda.

Reports show that the district court of Päijät-Häme found Ekpa guilty of the offence, which occurred in 2021 in the Lahti municipality. The Finnish National Bureau of Investigation (NBI) also confirmed the arrest of four additional suspects in connection with alleged terrorist activities.

Ekpa, who holds dual citizenship in Finland and Nigeria, has identified himself as the leader of IPOB following the incarceration of Nnamdi Kanu. Finnish authorities have accused him of using social media platforms to incite violence in Nigeria’s south-east region.

Detective Chief Inspector Otto Hiltunen of the NBI stated, “He carries out these activities from his social media channels, for example.”

This is not the first time Ekpa has faced legal action. In February 2023, he was arrested at his residence in Lahti but was released after hours of questioning.

Ekpa gained notoriety for urging Igbos to boycott Nigeria’s 2023 general elections through his social media channels. In September 2021, he renounced Nigeria and pledged to return the medal he won for the country at the 2003 African Junior Athletics Championships.

Ekpa’s rhetoric and actions have drawn criticism for allegedly fuelling violence in the ongoing conflict in Nigeria’s south-east.

November 21, 2024 0 comments
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