NEWS
Biden On Solidarity Visit To Israel
President of the United States of America, Joe Biden is billed for a solidarity visit to Israel on Wednesday.
The visit has been described by Secretary of State, Antony Blinken as a statement of “solidarity with Israel” and an “ironclad commitment to its security”.
Recall that Washington had deployed two aircraft carrier strike groups to the eastern Mediterranean “to deter hostile actions against Israel.”
In the face of that, Iran on Monday signaled readiness to join the war with “pre-emptive action” against Israel “in the coming hours”.
Iran’s position is that on no account should Israel undertake a ground invasion of Gaza.
Iran’s Foreign Minister, Hossein Amir-Abdollahian, stated that “the resistance leaders” would not allow Israel “to do whatever it wants in Gaza”.
The current hostilities broke out on October 7, 2023, when Gaza-based Hamas fighters breached Israel’s heavily fortified border, shooting, stabbing and burning to death more than 1,400 people, most of them civilians.
The affront has seen shell-shocked Israel respond with air strikes on Hamas-controlled Gaza and by deploying tens of thousands of troops to the border in preparation for a full-scale ground offensive.
Media reports, citing military sources, have it that Israeli air strikes already killed several senior Hamas figures and targeted the organisation’s headquarters.
What is of concern to the world is that majority of the almost 2,750 Palestinians already killed are mostly civilians, with some entire neighbourhoods razed.
Sadly, even the survivors are left with dwindling supplies of food, water and fuel.
Israel has demanded that residents of northern Gaza leave for the south, hoping to clear the area of civilians in preparation for a perilous urban ground assault.
Information filtering out of the Israeli military gave no clue on how Biden’s visit might change the timing of that operation.
The above scenarios indicate that the scale of the crisis is only slowly manifesting.
Since Israel’s evacuation order in north Gaza, entire families, of different age groups have been fleeing to southern Gaza, with many passing the night in any available space, even without shelter.
For instance, Khan Yunis in southern Gaza the normal population of 400,000 has roughly doubled.
In addition, thousands more Palestinians have gathered at the Rafah border crossing with Egypt in an effort to flee.
“The situation is catastrophic beyond what I could have imagined,” said Jamil Abdullah, a Palestinian-Swede who is hoping to leave after being forced to sleep on the street.
“There are corpses in the streets. Buildings are crashing down on their inhabitants. Blood is everywhere. The smell of the dead is everywhere.”
Probably the scariest aspect is that the civilian population in Gaza are effectively trapped, with mounting concerns that heeding Israel’s order would leave them permanently exiled.
NEWS
Moghalu Prescribes Good Governance As Panacea To Ethnic Agitation
The President of the African School of Governance, Kingsley Chiedu Moghalu has admonished state actors against resorting to brutal force in the bid to muscle out separatist agitators.
In the aftermath of Mazi Simon Ekpa, the Finland based Biafran nationalist agitator being caught in legal web and the Nigerian government moving swiftly to seek his repatriation, the former deputy governor of the Central Bank of Nigeria (CBN) has cautioned that ‘We either fix our problems, or our problems will eventually “fix” us. No alternative to a renegotiated union.’
ALSO READ: Finnish Police Arrest Simon Ekpa Over Terror-Related Allegations
The political economist, while expressing his hope in Nigeria, made it clear that “hope is not a strategy”.
He bared his mind in a series of posts on his verified handle on micro-blogging site, X on Friday.
Moghalu wrote, “Despite sustained contemporary difficulties, I am hopeful about Nigeria. But hope is not a strategy. We need to improve state capacity for effective governance.
“We either fix our problems, or our problems will eventually “fix” us. No alternative to a renegotiated union.
“We must learn to be honest with ourselves and address the root causes of our problems. Why ignore them, when the problem is actually quite solvable? The problem with continuing with this approach is that when the danger crystallizes, those who thought they were benefiting from
NEWS
N1.7trn Loan: Atiku Blames NASS For Worsening Nigeria’s Debt Burden
Former Vice President, Atiku Abubakar has criticized the federal government’s plan to secure an additional N1.7 trillion loan through Eurobonds to cover a shortfall in the 2024 budget, describing the borrowing as unsustainable and harmful to Nigeria’s economy.
In a statement shared on Thursday via his X (formerly Twitter) handle, Atiku accused the Bola Tinubu-led administration of burdening Nigerians with debt while failing to provide clear answers about the country’s fiscal challenges.
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He also faulted the National Assembly for enabling what he called a “voracious appetite” for loans.
The former Peoples Democratic Party (PDP) presidential candidate expressed alarm over a recent World Bank report ranking Nigeria as the third most indebted country to the International Development Association (IDA), calling the development troubling.
“The recent report released by the World Bank, showing Nigeria as the third most indebted country to the International Development Association (IDA), is very concerning,” Atiku stated.
He raised further concerns about the government’s decision to benchmark the proposed loan at an exchange rate of 1 USD to N800, despite the Central Bank of Nigeria’s official rate being over N1,600.
“What makes this particular loan proposal even more concerning is that it is benchmarked at the exchange rate of 1 USD to N800, whereas the current exchange rate from the Central Bank of Nigeria stands at over N1,600 to 1 USD,” he said.
Atiku questioned the need for additional borrowing, given the government’s earlier claims of record-high revenue collection.
“In July this year, Tinubu boasted that the FIRS and Customs under his watch had collected all-time high revenues to finance the budget. Why are they still borrowing?” he said
He accused the government of a lack of transparency, describing the borrowing spree as detrimental to Nigerians already struggling under economic hardship.
“There is something that they are not telling Nigerians, even as they are being crushed by a combination of their failed trial-and-error policies and loan rackets.”
Atiku also referenced a report by BudgIT, a budget monitoring group, which criticized the 2024 budget for its inefficiencies.
He alleged that corruption, rather than infrastructure or development needs, was driving the government’s borrowing decisions.
“These loans are powered by corruption and not for infrastructure and development needs. This voracious appetite for humongous loans is deeply concerning,” he said.
Reflecting on Nigeria’s financial history, Atiku lamented the return to significant foreign indebtedness just years after former President Olusegun Obasanjo’s administration cleared the country’s debt.
“It is agonizing to see that just a few years after the Obasanjo administration took us out of foreign indebtedness, we are today back at the top spot in the same conundrum,” he stated.
He called for a more cautious approach to borrowing, urging the government to prioritize fiscal responsibility and transparency to avoid worsening Nigeria’s economic challenges.
International News
ICC Issues Arrest Warrants For Israeli Prime Minister Netanyahu, Others
The International Criminal Court (ICC) has taken a historic step, issuing arrest warrants for Israeli Prime Minister Benjamin Netanyahu and former Defense Minister Yoav Gallant.
The charges include crimes against humanity and war crimes allegedly committed during Israel’s recent assault on Gaza.
In a detailed statement, the ICC accused the Israeli leaders of “intentionally and knowingly depriving the civilian population in Gaza of objects indispensable to their survival, including food, water, and medicine and medical supplies, as well as fuel and electricity.”
READ MORE: Osun Govt Decries Attempted Murder Of Park Mgt Chairman By Police
The ICC’s move marks a significant escalation in international scrutiny of the Israeli-Palestinian conflict. Netanyahu and Gallant are alleged to have orchestrated policies that caused severe harm to the civilian population in Gaza, leading to widespread condemnation from human rights organizations.
Alongside the charges against Israeli officials, the ICC also issued an arrest warrant for Hamas military commander Mohammed Deif. Deif has long been a central figure in Hamas’s military operations. Israel’s military claims to have killed him in a July airstrike, although this has not been independently verified.
The warrants highlight growing calls for accountability amid the ongoing conflict in the region. The ICC’s actions are likely to provoke heated debate and may complicate diplomatic efforts aimed at resolving the crisis.
With the warrants issued, global attention now turns to how the international community will respond and whether any practical steps will be taken to enforce them.