Connect with us

NEWS

Exercise Obangame Express 2023 Opens in Lagos

Published

on

President Buhari to Unveil NICA Act

All is now set for the opening of the largest multinational maritime exercise in Western and Central Africa, dubbed “Exercise Obangame Express 2023” (OE23).

A statement from the US Navy has it that the OE23 will kick off its 12th year with 29 participating nations at an opening ceremony in Lagos, Nigeria, in January 23, 2023.

It was gathered that it would be conducted by the United States Naval Forces Africa and sponsored by the United States Africa Command.

The statement added that the objective of the OE23 is to improve regional cooperation, information-sharing practices, and tactical interdiction expertise to enhance the collective capabilities of participating nations to counter Illegal, Unreported, Unregulated fishing and other sea-based illicit activities.

AFRICOM also aims to assist African partners with protecting their maritime economy in order to ensure continued sustainable use of maritime resources, while enabling the security and stability of global maritime trade.

The OE23, the statement added, is one of three NAVAF-facilitated regional exercises, aimed at providing collaborative opportunities for African and U.S. forces, and international partners to address shared transnational maritime concerns.

NAVAF’s ongoing maritime security cooperation with African partners’ focuses on maritime safety and security through increased maritime awareness, response capabilities, and infrastructure.

Director, Maritime Headquarters, NAVAF, Rear Adm. Chase Patrick, said, “Exercise Obangame Express 23 provides an excellent opportunity to strengthen regional cooperation and share tactics, techniques and procedures for deterring transnational maritime security challenges.

“Together, we are creating a more secure, safe, and economically prosperous maritime environment for Africa’s coastal nations and the global community.”

It was gathered that the exercise would also feature multiple at sea and ashore training events throughout the Gulf of Guinea and the Southern Atlantic Ocean, including exchanges on boarding techniques, search and rescue operations, medical casualty response, radio communication, and information management techniques.

The 29 nations scheduled to participate in the OE23 include Angola, Benin, Brazil, Cabo Verde, Cameroon, Canada, Cote d’Ivoire, Democratic Republic of Congo, Denmark, Gabon, Gambia, Ghana, Guinea-Bissau, Italy, Liberia, Morocco, Namibia, Netherlands, Nigeria, Poland, Portugal, Republic of Congo, Sao Tome & Principe, Senegal, Sierra Leone, Togo, and the United States. Also participating will be the Economic Community of West African States and the Economic Community of Central African States.

The statement notes that for more than 80 years, the US Naval Forces Europe-US Naval Forces Africa has forged strategic relationships with allies and partners, leveraging a foundation of shared values to preserve security and stability.

Headquartered in Naples, Italy, the NAVEUR-NAVAF operates the US naval forces in the US European Command and the US Africa Command areas of responsibility. US Sixth Fleet is permanently assigned to NAVEUR-NAVAF, and employs maritime forces through the full spectrum of joint and naval operations, the statement concludes.

NEWS

N1.7trn Loan: Atiku Blames NASS For Worsening Nigeria’s Debt Burden

Published

on

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.

READ ALSO: CSR: Dangote Cement Fuels Education With Support Projects At Lagos Schools

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.

 

 

Continue Reading

International News

ICC Issues Arrest Warrants For Israeli Prime Minister Netanyahu, Others

Published

on

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.

Continue Reading

NEWS

Edo State Governor Sets Up Committee To Recover Missing Gov’t Vehicles

Published

on

Governor Monday Okpebholo of Edo State has inaugurated a 12-member committee tasked with recovering government vehicles reportedly in private hands.

The committee, led by Kelly Okungbowa, has been given a two-week mandate to retrieve the vehicles and ensure their return to the state government.

READ ALSO: Finnish Police Arrest Simon Ekpa Over Terror-Related Allegations

Speaking during the inauguration ceremony in Benin City, Governor Okpebholo emphasized the importance of accountability in the management of public resources.

He urged the committee to carry out its assignment thoroughly and within the bounds of the law.

In his response, Okungbowa expressed gratitude to the governor for entrusting the team with the assignment, vowing to deliver results within the stipulated timeframe.

“A lot of vehicles used by the past administration are missing, as those in custody of the vehicles have refused to return them,” Okungbowa said.

“The governor deemed it fit to inaugurate us today with a mandate to recover all government vehicles in private hands.”

The committee, which includes representatives from Edo’s three senatorial districts, is set to investigate and recover the vehicles based on credible intelligence already at their disposal.

“We already have vital information regarding some persons still holding government vehicles,” Okungbowa stated. “We will do the job according to the law, and both the government and the people will be satisfied with the outcome.”

He also called on members of the public to assist the committee by providing information about any government vehicles that may still be in private possession.

“We want to appeal to members of the public who might be aware of anyone still keeping government vehicles in their houses to please inform us to enable the committee to recover such for the Edo State Government,” Okungbowa said.

The committee’s vice chairman, Rt. Hon. Victor Edoror, a former Speaker of the Edo State House of Assembly, will work alongside other members to ensure the success of the initiative. The public can reach the committee at 08110165121.

 

 

Continue Reading

Copyright © 2022. Biztellers, powered by Alphaxristi.