Connect with us

NEWS

Nigeria has spent $9 billion, lost 100,000 lives fighting Boko Haram – CDS

Published

on

Nigeria has spent $9 billion, lost 100,000 lives fighting Boko Haram – CDS

 

By Funmilayo Olusanya

Chief of Defence Staff (CDS) Lucky Irabor has bemoaned the country’s high human and financial consequences of the Boko Haram conflict.

Nigeria has spent $9 billion, lost 100,000 lives fighting Boko Haram – CDS

Chief of Defence Staff (CDS) Lucky Irabor

On the final day of the third Ministerial Performance Review Retreat in Abuja yesterday, Irabor made the announcement, that since the insurgency started in 2009, Nigeria has lost 100,000 lives and spent $9 billion (about N3.24 trillion).

However, the General claimed that the insurgency had been contained to a region of the Northeast and estimated that over two million people had been made homeless as a result of the development.

The head of the Defense Department further confirmed that the Armed Forces had received N2.5 trillion in seven years and had been able to “tremendously” expand internal security activities.

According to him, the N2.5 trillion represents less than 0.5 percent of the country’s Gross Domestic Product and just 35% of the needs of the armed forces (GDP).

Regarding the Niger Delta activities, Irabor claimed that militancy had evolved into crude oil theft, a tendency that could be reversed by political leadership, military operations, and the participation of the populace.

Read Also >> Reps Minority Caucus Condemns Attack On PDP Campaign Rally In Kaduna

Boss Mustapha, secretary to the government of the federation (SGF), reiterated the government’s intention to start an aggressive tax mobilization campaign to lower the budgetary risks the economy faces during the retreat.

He emphasized that gasoline subsidies would gradually stop in 2023 and noted that the government had decided to put an end to oil theft.

Reeling out the nine Priorities/Presidential Legacy-Synthesis of Key Recommendations from panel sessions and Next Steps, Mustapha, said: “Our collective efforts will inform our contributions to the legacy of the Buhari administration with high-impact projects.”.

The SGF told the participants that Buhari expects to see these ideas and commitments coming to life on the dates promised.

Mustapha said that the Finance, Budget, and National Planning Ministry would drive aggressive revenue mobilization.

His words: “The government will continue its efforts to broaden the sources of foreign exchange and stimulate a greater supply of foreign exchange through the attraction of foreign direct investment.

”Fuel subsidy will eventually be phased out by next year and use every apparatus available to the government to fight oil theft.

The government will also invest in emerging areas of the oil and gas sector to unlock new investment opportunities.

Read Also >> Put Aside Ethnic, Religious Differences, Vote For Patriotic Nigerian – Obi

”Priority 2: Achieve Agriculture and Food Security: The Ministry of Agriculture and Rural Development has committed to embarking on an aggressive dry season farming immediately after the wet season to sustain increased food production.

”There is a need to address the logistics costs of moving agricultural products from the farm gates to markets to curb the issue of food inflation.

”The Ministry will also expedite action in rehabilitating the existing refineries and ensuring mechanisms are in place to cushion the effects of total removal oil subsidy.

”The Siemens Grid and Distribution Enhancement Project aims to achieve 25,000Megawatts by 2025. Early work orders and financing structure for the deployment of transmission and distribution equipment have been completed. Efforts are on towards the realisation of 11,000Megawatts of installed transmission capacity by 2023:

”Federal Government is to introduce robust mechanisms to track daily PMS consumption with appropriate technologies.

”Key infrastructure to be commissioned before May 2023 include the Lagos-Ibadan Expressway, the 2nd Niger Bridge, and the Kaduna-Kano highway.”

Click to comment
0 0 votes
Article Rating
Subscribe
Notify of
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

NEWS

Tinubu Mourns Eagle Online Publisher, Dotun Oladipo

Published

on

President Bola Ahmed Tinubu expresses deep sadness over the sudden death of Mr Dotun Oladipo, former Political Editor of The Punch newspaper and Publisher of The Eagle Online, describing his death as a painful loss to Nigeria’s media industry and the nation at large.

President Tinubu acknowledges the deceased’s contributions to journalism, particularly his years of dedicated service in political reporting and his commitment to providing Nigerians with credible information through both traditional and digital media platforms.

The President says Oladipo’s professional career reflected the important role journalists play in strengthening democracy by informing citizens, holding public officials accountable and providing platforms for robust public discourse.

READ ALSO: Akpabio Mourns Dotun Oladipo

He recalls the deceased’s passion for his profession and his contributions to the growth of digital journalism through The Eagle Online, which he founded after his remarkable career at Punch Newspaper.

“Dotun Oladipo’s death at the age of 56 is a painful loss to the Nigerian media community and to our nation. He was a committed journalist who devoted significant years of his life to informing the public and contributing to the development of our democracy.

“His contributions to political journalism and the digital media space will not be forgotten. I extend my heartfelt condolences to his family, colleagues in GOCOP and friends. I pray that Almighty God will grant him eternal rest and give his loved ones the strength to bear this irreparable loss,” President Tinubu notes.

Continue Reading

NEWS

Akpabio Mourns Dotun Oladipo

Published

on

Meet Sen Akpabio, 10th Senate President For National Assembly

The President of the Senate, Senator Godswill Obot Akpabio, has expressed profound sadness over the death of veteran journalist and publisher of The Eagle Online, Dotun Oladipo.

Akpabio described Oladipo’s passing as a painful loss to the Nigerian media industry and the nation, noting his significant contributions to journalism, public discourse and the growth of online media in Nigeria.

The President of the Senate commiserated with the family, friends, colleagues and professional associates of the deceased, particularly members of the Guild of Corporate Online Publishers (GOCOP), where Oladipo served as Emeritus President.

“Dotun Oladipo was a courageous, principled and dedicated journalist who devoted a significant part of his life to the pursuit of truth, responsible journalism and the advancement of society.

“His sudden passing is a profound loss to his family, the journalism profession and Nigeria as a whole. His immense contributions to the development of online journalism, as well as his commitment to professional excellence, integrity and public interest, will remain indelible.

“As the philosopher John Stuart Mill reminded us, ‘He who knows only his own side of the case knows little of that.’ Dotun understood that a free and responsible press must listen, question and speak truth to power. His life demonstrated that journalism, when guided by courage and conscience, can illuminate society and strengthen democracy.

“His legacy will continue to inspire journalists and media professionals who believe in the power of responsible journalism to strengthen democracy and contribute to national development,” Akpabio said.

READ ALSO: PENGASSAN Urges Strategic Focus on Local Refining Expansion

The Senate President prayed that God Almighty would grant the deceased eternal rest and give his family, friends, colleagues and loved ones the fortitude to bear the irreparable loss.

Akpabio also urged members of the media to uphold and build upon Oladipo’s legacy of professionalism, integrity, courage and unwavering commitment to the public interest.
“May God acquaint his soul with the compass of His course” he added.

Continue Reading

International News

Norway’s King Harald Dies at 89, Son Haakon Becomes King

Published

on

Norway’s King Harald V has died at the age of 89, bringing an end to his more than three-decade reign and ushering in a new era for the Norwegian monarchy.

The Royal Palace announced on Friday, August 28, 2026, that the monarch died peacefully at Oslo University Hospital at 6:35am local time.

ALSO READ: Infantino’s Re-Election Bid Suffers Fresh Blow as Italy Withdraws Backing

“It is with deep sadness that we announce that His Majesty King Harald passed away today. King Harald passed away peacefully at Oslo University Hospital on Friday, August 28 at 6:35 am,” the palace said in a statement.

King Harald, who ascended the throne in 1991, had been hospitalised in Oslo since August 17 while receiving treatment for haemolytic anaemia.

His condition became “extremely serious” on Thursday, prompting members of the royal family to gather at his bedside.

His 53-year-old son, Crown Prince Haakon, has automatically succeeded him as monarch under Norway’s constitutional succession rules. He is expected to take the name King Haakon VIII.

Following the announcement of Harald’s death, the flag at the Royal Palace in Oslo was lowered to half-mast, while members of the public gathered outside the palace to lay flowers and mourn the late monarch.

Harald was widely regarded as a popular and unifying figure during his 35 years on the throne. He was also known for his modest lifestyle and efforts to modernise the monarchy.

Kaspara Bolstad, 24, described him as “a very steady and warm king.”

“I think the entire Norwegian people see him as a role model and as someone who brings people together. Whether you’re for or against the monarchy, I think he’s well-liked across the board,” she said.

Magnus Skaugseth, 27, also praised the late King’s inclusive approach.

“He was so inclusive and committed to having values that are inclusive in the society we live in today. When there is so much division and polarisation, he was a pillar pointing in the opposite direction,” Skaugseth said.

Harald had experienced several health challenges in recent years and had undergone procedures including the fitting of a pacemaker. Despite his declining health, he repeatedly ruled out abdication, maintaining that his oath to serve Norway was lifelong.

His death comes during a turbulent period for the Norwegian royal family, which has faced a series of health and personal controversies in recent months.

With Harald’s death, Crown Prince Haakon now takes over the Norwegian throne, marking the beginning of a new chapter for the country’s monarchy.

Continue Reading

Copyright © 2022. Biztellers, powered by Alphaxristi.

0
Would love your thoughts, please comment.x
()
x