NEWS
Innocent Nigerians Dying Over Insecurity Worrisome – Peter Obi
Peter Obi, the Labour Party’s (LP) presidential candidate, has raised concern over the country’s security situation and said it is unacceptable for Nigerians to lose their lives as a result of insecurity.
Obi made this declaration on Thursday via a tweet from his verified Twitter account.
The former governor of Anambra encouraged security organizations to do more to secure the country, arguing that Nigerians cannot keep dying in their thousands inside their own borders.
According to Obi, the implications of an insecure environment for development are far-reaching, as investors will not consider venturing into to a nation where their resources will not be safe and secured.
He stated, “The rising insecurity in the country leading to mindless bloodletting, particularly in the North Central zone of the country, and the continued disruption of business and social activities in the South East are all becoming very worrisome.
“The violent attacks in the North Central states of Benue and Plateau lately took a new twist with high records of kidnapping, arson, and loss of human lives. According to the 1st Quarter Mass Atrocities Casualty Tracking Report, over 1230 Nigerians were killed, 79 of them security operatives, with over 600 abductions in the first quarter of this year alone.
“With what has been happening in the North Central and Zamfara state lately the figure as of today will be mind-boggling even far more than the deaths recorded in Russia/Ukraine ongoing carnage.
“It’s unacceptable that hundreds of innocent lives will continue to be wasted in Nigeria needlessly
through communal clashes, bandits, and kidnapping activities. The situation in the Mangu Local Government Area of Plateau states has raised a lot of anxiety because of the number of lives and properties lost with very little resistance from security operatives.
“Also disturbing is the continued disruption of business and social activities in the South East region over the Sit-at-Home directive purported to be coming from the Indigenous Peoples of Biafra, IPOB, when the body has publicly denied issuing such directive.
“What is going on in the South East therefore is essentially a criminal activity that must be nipped in the bud, with all hands being on deck, security agencies, and the people alike.
“The South East Governors are to be commended for their renewed efforts at curbing this menace but there is a need to be more strategic and intelligence-driven in our approach to reducing the suffering of innocent people.
“Security agencies should take necessary and quick steps to arrest the ugly incidents because the country cannot just be spilling the blood of innocent citizens. We as a people through our various governments should up our value for human lives in the way and manner we respond to issues that touch lives.
“The implications of an insecure environment for development are far-reaching because no investor will consider going to an area where their resources will not be safe and secured,” he said.
Obi asked various governments at all levels to take deliberate steps to address the issue of poverty and youth unemployment because the provision of stomach infrastructure is the surer way to tackle insecurity.
“Also, urgent steps should be taken consciously and intentionally to ameliorate the hardship of the people,” he said.
To address Nigeria’s ₦9.7 trillion budget deficit for the 2024 fiscal year, the Senate has approved President Bola Ahmed Tinubu’s request to secure a ₦1.77 trillion ($2.2 billion) loan.
The decision was made during Thursday’s plenary session, where a voice vote confirmed the approval following the presentation of a report by the Senate Committee on Local and Foreign Debts.
RELATED NEWS: Tinubu Seeks ₦1.767tn Loan to Tackle 2024 Budget Deficit
Chaired by Senator Wammako Magatarkada (APC, Sokoto North), the committee endorsed the loan request as a vital step in managing the country’s fiscal challenges.
Recall that President Tinubu had submitted the proposal earlier in the week, outlining the loan as a crucial component of his administration’s external borrowing strategy.
Details shortly…………..
Simon Ekpa, a Finnish citizen of Nigerian descent, has been arrested by Finnish authorities on allegations of inciting terrorist activities.
The Päijät-Häme District Court ordered his detention following an incident that reportedly occurred in Lahti on August 23, 2021.
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The Finnish National Bureau of Investigation (NBI) is also seeking the arrest of four other individuals in connection with the case. Officials say the charges involve public incitement to commit crimes with terrorist intent.
“The detention demands are related to a preliminary investigation in which a Finnish citizen of Nigerian descent, born in the 1980s, is suspected of public incitement to commit a crime with terrorist intent,” the police said in a statement.
Details regarding the additional suspects or the specifics of the alleged crimes remain unclear as the investigation continues. Authorities have emphasized the sensitive nature of the case, stating that further information will be disclosed as the inquiry progresses.
This development marks a significant step in Finland’s efforts to combat terrorism and ensure public safety.
International News
COP29: Climate Summit Faces Deadlock Over Vague Funding Proposals For Vulnerable Nations
As the 29th United Nations Climate Change Summit (COP29) nears its conclusion, tensions are rising over a newly published funding proposal aimed at assisting developing nations in addressing climate-induced crises.
The proposal, released by the United Nations Framework Convention on Climate Change (UNFCCC) on Thursday, has sparked widespread debate among delegations, activists, and observers at the summit.
The document, spanning ten pages, outlines funding options to support developing countries in implementing their Nationally Determined Contributions (NDCs) under the 2015 Paris Agreement.
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However, it fails to specify how much wealthier nations are required to contribute annually—a key sticking point that has drawn criticism from the Global South and climate advocates.
Ambiguity in Funding Commitments
Critics argue that the absence of concrete figures undermines the credibility of the proposed framework.
Mohamed Adow, Founder and Director of Power Shift Africa, described the proposal as “a blank piece of paper,” highlighting the lack of clarity on financial commitments.
“This is the ‘finance COP.’ We came here to talk about money. The way you measure money is with numbers. We need a cheque, but all we have right now is a blank piece of paper,” Adow remarked during an interview.
The Global South, led by African delegations, is demanding at least $1.3 trillion annually by the end of the decade to adapt to climate change impacts and transition to sustainable energy systems.
Yet, developed nations have yet to commit to a specific annual figure, raising concerns over the summit’s ability to deliver tangible outcomes.
Key Provisions and Concerns
The new text acknowledges the disproportionate impact of climate change on developing nations and the financial barriers they face, including high costs of capital and limited fiscal space.
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It proposes the establishment of a New Collective Quantified Goal (NCQG) for climate finance, suggesting a framework of “at least USD [X] trillion annually” from 2025 to 2035.
However, the absence of defined numbers has led to frustration among negotiators.
David Tong, Global Industry Campaign Manager at Oil Change International, emphasized the critical role of finance in achieving meaningful progress.
“Without finance, there is no phase-out [of fossil fuels], no energy transition, no adaptation. The ambitious options are simply missing,” Tong stated during a press briefing.
Rising Frustration from the Global South
Delegates from the Global South have expressed dissatisfaction with what they perceive as weak commitments from developed nations.
Many fear that without concrete financial pledges, the summit’s outcomes may fall short of expectations.
“This summit is about delivering justice to those who suffer most from climate impacts. Wealthy nations must step up and provide the necessary funding,” said an African negotiator, speaking on condition of anonymity.
A Critical Juncture
With less than 48 hours remaining in the summit, the stakes are high. The COP29 negotiations in Baku, dubbed the “finance COP,” are expected to set a precedent for addressing the financial needs of vulnerable nations.
Delegates are calling on world leaders to finalize an ambitious NCQG target and bridge the growing divide between developed and developing nations.
JUST IN: Senate Approves Tinubu’s ₦1.77trn Loan Request
Finnish Police Arrest Simon Ekpa Over Terror-Related Allegations
COP29: Climate Summit Faces Deadlock Over Vague Funding Proposals For Vulnerable Nations
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