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Okonjo-Iweala, Tinubu Ponder Palliatives, Strong Economy

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Vibes coming from the meeting between President Bola Ahmed Tinubu and Director-General, World Trade Organisation, Prof Ngozi Okonjo-Iweala indicate that they reasoned on ways to alleviate the sufferings of the poor masses in Nigeria, and build a job creating economy.

Biztellers reports that economic hardship has attained unimaginable levels with even the middle class struggling to put food on the table, since May 29, 2023 when President Tinubu was sworn into office.

Recall that he marked his taking office with the removal of subsidy on Premium Motor Spirit (PMS), known in the streets as petrol, which saw the price skyrocket from about N180/litre to between N590-N800/litre in different parts of Nigeria.

The impact has been spiraling inflation which has left no item untouched in the economy.

 

Feelers show that the tough situation might get tougher because the economic policies of the President Tinubu administration are yet to settle. For instance, price petrol has been jerked up twice already since May, with another upward adjustment being anticipated.

It appears that there’s some silver-lining in the horizon as Prof Okonjo-Iweala has stated that her meeting with President at Aso Rock was “really good” and conversations centered around “supporting poor and vulnerable Nigerians at this difficult time”.

The took to Twitter to ventilate the issue.

Prof Okonjo-Iweala at her verified Twitter handle @NOIweala, wrote, “Really good conversation with HE Mr President @officialABAT, focused on supporting poor and vulnerable Nigerians at this difficult time.

“Also discussed the need for Nigerians to work together to build a strong job creating economy including what @wto can do to support!”

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International News

JUST IN: Iranian President’s Helicopter Crashes In Azerbaijan

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A helicopter carrying President Ebrahim Raisi yencountered a “hard landing” on Sunday.

According to report, the incident took place near Jolfa, a city situated on the border with Azerbaijan, within Iran’s East Azerbaijan province, approximately 600 kilometers northwest of Tehran.

However, details regarding the incident were not disclosed.

The Associated Press noted uncertainty regarding whether  bh   Raisi was onboard the helicopter during the incident.

Despite rescue efforts, adverse weather conditions, including heavy rain and wind, have hindered access to the site, according to state TV.

Before the helicopter incident, President Ebrahim Raisi had been in Azerbaijan on Sunday to participate in the inauguration of a dam alongside Azerbaijan’s President Ilham Aliyev.

This dam marks the third joint construction project between the two nations on the Aras River.

Despite Iran’s diverse helicopter fleet, obtaining parts is hindered by international sanctions, with much of its military air fleet dating back to pre-1979 Islamic Revolution era.

Raisi, aged 63, is known for his hard-line stance and previously served as the country’s judiciary leader.

Considered a protégé of Iran’s Supreme Leader Ayatollah Ali Khamenei, some analysts speculate that Raisi could succeed the 85-year-old leader in the event of his resignation or demise.

 

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International News

Shots Heard As DR Congo Military Thwarts Alleged Coup

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The Democratic Republic of Congo’s military prevented an attempted coup on Sunday near President Felix Tshisekedi’s offices in Kinshasa, as reported by an army spokesperson.The Democratic Republic of Congo’s military prevented an attempted coup on Sunday near President Felix Tshisekedi’s offices in Kinshasa, as reported by an army spokesperson.

According to him, the plot, involving both foreigners and Congolese citizens, unfolded in the early hours outside the residence of Economy Minister Vital Kamerhe in the Gombe district, close to the president’s offices at the Palais de la Nation.

General Sylvain Ekenge announced on national television that the defence and security forces had successfully thwarted the coup attempt.

He said “An attempted coup d’etat has been stopped by the defence and security forces. The foreigners and Congolese…including their leader” would “all no longer cause any harm”.

Shots were heard near the Palais de la Nation during the attempted coup, as confirmed by various sources.

General Ekenge didn’t elaborate further on the incident, and AFP’s attempts to get additional information from official sources remain unanswered.

However by late morning, the city appeared calm.

Early social media reports suggested an armed attack on Kamerhe’s residence, with some assailants heading towards the Palais de la Nation.

“This morning, there was an armed attack at the residence of the economy minister,” wrote Japan’s ambassador Hidetoshi Ogawa on X.

He stated that Kamerhe “was not harmed, but two policemen and an assailant were killed according to sources.”

France’s ambassador reported hearing automatic weapons fire in the area and advised French nationals to steer clear of the location.

Videos circulating on social media depicted individuals in military attire at the Palais de la Nation, waving flags of Zaire, the former name of the Democratic Republic of Congo (DRC) during the regime of dictator Mobutu Sese Seko, who was ousted in 1997.

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NEWS

Gov Soludo Dismisses All 21 Anambra Transition Committee Heads

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Anambra State Governor, Chukwuma Soludo, has dismissed all transition committee chairmen in the state’s 21 local government areas.

This decision was detailed in a letter titled “Expiration of Tenure and Handover to Heads of Local Government Administrations (HLGAs),” dated May 17, 2024, and signed by Collins Nwabunwanne, the state Commissioner for Local Government, Chieftaincy, and Community Affairs.

According to the letter, the directive will be effective starting Monday, May 20, 2024.

The letter read, “Following the expiration of your tenure as Transition Committee Chairman, you are hereby directed to handover the affairs of your Local Government Council to the Head of Local Government Administration (HLGA), in your respective Local Government Councils.

“This directive takes effect from Monday, 20th day of May, 2024. Thank you for your service to the state. All replies to be addressed to the Honourable Commissioner.”

 

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