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Kayode Olorundare

Kayode Olorundare

Governor Aiyedatiwa of itOndo is expected to be declared as the winner of the 2024 gubernatorial election in Ondo. In the ruling expected on Wednesday the tribunal' judgment is being expected.

Wednesday, 06 September 2023 11:24

WHY ISRAEL THANK SAUDI ARABIA?

After an emergency jet landed in Jeddah, Israel's Netanyahu expressed gratitude to Saudi Arabia. Following an emergency landing in Jeddah on Tuesday, Israeli Prime Minister Benjamin Netanyahu complimented Saudi Arabian officials for their "warm attitude" despite his nation's lack of formal diplomatic relations with them.

 

 Israeli Prime Minister Benjamin Netanyahu hosts a weekly cabinet meeting in his office in Jerusalem. On August 27, 2023, Israeli Prime Minister Benjamin Netanyahu hosted a weekly cabinet meeting in his office in Jerusalem. The Air Seychelles trip from the Seychelles to Tel Aviv was packed with Israeli passengers. Up until July 2022, planes to and from Israel were prohibited from entering or leaving Saudi airspace. This changed in time for US Vice President Joe Biden's trip to the area.

Due to technical issues, the Air Seychelles flight had to make an emergency landing on Monday in the Saudi coastal city of Jeddah. The Israelis were rescued from Jeddah, according to the Israeli foreign ministry on Tuesday. In a brief video message, Netanyahu stated, "I greatly appreciate the warm attitude of the Saudi authorities to the Israeli passengers whose flight was in distress and was compelled to make an emergency landing in Jeddah." 128 Israelis were on board the Air Seychelles flight, according to Israeli media.

 Benjamin Netanyahu

The Red Sea city welcomed them and provided them with lodging for the night. Even though Saudi Arabia wasn't one of the Gulf and Arab nations to normalize relations with Israel as part of the 2020 Abraham Accords, which were mediated by the US, rumors of a forthcoming agreement have emerged. According to those informed of the negotiations, Saudi prerequisites for progress on normalization have been discussed in talks between Riyadh and Washington. But after Israel announced a meeting between its foreign minister and his colleague from Libya in Rome, Israeli news analysts said that such attempts had been seriously undermined.

 

 

The decision provoked demonstrations in Libya, a country that does not recognize Israel, and it resulted in Najla al-Mangoush, the foreign minister, being fired. Without going into greater detail, Israel's foreign ministry on Monday denied being the source of the "leak" on the meeting between the two ministers. For the Israeli website Walla, expert Barak Ravid stated that the episode would discourage Arab nations from taking any more moves toward normalizing relations with Israel

The late Chief Gani Fawehinmi's (SAN) first daughter, Mrs. Basirat Fawehinmi-Biobaku, made a plea to President Bola Tinubu on Tuesday to do all in his power to advance the interests of the people. At the 14th memorial event for the late Gani, Fawehinmi-Biobaku made the request while addressing on behalf of the Gani Fawehinmi Family. The Gani Fawehinmi Memorial Organization (GAFAMORG) was in charge of planning the event.

 

"State Of The Nation, 14 Years After Gani" was the focus of the event, which took place at the Nigerian Bar Association's Ikeja Branch office. Fawehinmi-Biobaku said that Tinubu supported Gani's tenets, directives, and legacy. "I use this medium to appeal to President Bola Tinubu to kindly carry on the legacies of my late father because the president was once an activist," the woman stated.

We are fortunate with mineral wealth, therefore I implore Tinubu's administration to eradicate poverty and provide free public education and effective road systems.I want to talk with the president directly since I was present when he visited my late father in 2009 at his home in GRA.

 "Now is the time to bring those promises to fulfillment because he was once on the street; he knows where the shoe pinches," he said, assuring my father that he would always have the interests of the masses at heart. She asked technocrats to work with the president to create the Nigeria that the majority of people envisioned. "If my father and my late brother, Mohammed, were here now, they wouldn't sit down and fold their arms.

We implore Tinubu not to forget the people, on behalf of my mother and the 14 children of Gani Fawehinmi," Fawehinmi-Biobaku stated. Mr. Tayo Oyetibo (SAN), the program's featured speaker, addressed the sub-theme "The Increase in Military Incursions into Democratic Governance in West African Sub Region: What Lessons?" Oyetibo voiced his displeasure with the military overthrowing democratic administrations in Niger and Gabon. He claims that a coup has no legitimate legal grounds.

Friday, 01 September 2023 13:35

AU SUSPENDS GABON

Following the recent coup, the African Union's Peace and Security Council announced on Friday that Gabon has been suspended from all AU operations. The AU said that it has made the decision to "immediately suspend the Republic of Gabon's participation in all activities of the AU, its Organs and institutions until the restoration of constitutional order in the country."

General Brice Nguema 2

Senior military officials in Gabon declared on Wednesday that they had seized power as a result of the illegitimate elections that took place in the Central African nation on Saturday. General Brice Nguema, commander of Gabon's elite Republican Guard, was chosen transition leader a short while thereafter and was in charge of the president's security. The African Union denounced the takeover and commanded the military to "unconditionally return power to the civilian authority, uphold their constitutional mandate, the principle of constitutionalism, and refrain from any interference in the political processes in Gabon." The military was also ordered to immediately return to its barracks.

 

The Council warned that failure to comply would result in required actions, including the implementation of specific sanctions against the coup's organizers. The UN, Nigeria, and France are just a few of the foreign leaders that have denounced the coup. The AU Council also called for the release of deposed president Ali Bongo, his family, and other government officials who have been detained since Wednesday's coup.

 

Since the coup, Mr. Bongo has been under house arrest. In a video, he is seen pleading with his pals to "make noise" for him.  The AU further stressed the need to ensure that all political detainees are dealt with by the legal system in accordance with the law of the nation. It also denounced "any politically motivated arrests in the circumstances."

 

The reign of Mr. Bongo's family in the highest office in Gabon came to an end with the overthrow of his administration. His father, Omar Bongo, served as president from 1967 to 2009, and after his death, Ali Bongo took over. After serving two terms, he was prepared to begin a third term following Saturday's election, which was largely seen as being invalid.

 

The AU Security Council requested that the chairperson of the Commission continue to closely monitor how the situation is developing, including by creating a monitoring mechanism that includes the AU, ECCAS, and other pertinent stakeholders, and to report back to the Council within 15 days of the adoption of this communique.   A month had passed since a coup of a similar nature had taken place in Niger. Additionally, the AU denounced the coup in Niger and expelled the West African nation from all of its initiatives.

Friday, 01 September 2023 13:18

DEMONSTRATORS KILLED IN DR CONGO

On Saturday, police in Kinshasa's capital fought with an opposition march and fired tear gas at hundreds of protestors. According to the authorities, they veered from the designated path through the city. The opposition leaders organized the march in protest of what they claim are anomalies occurring when individuals try to register to vote in the upcoming presidential elections in December.

Congo 5

In addition to being outraged by the exorbitant expense of living, the demonstrators also accuse President Felix Tshisekedi of being dishonest. "Life has gotten intolerable; just look at how bread production has drastically decreased. We are requesting social transformation in Congo, according to the father of six Bindanda Bilisi. Former Katanga provincial governor and rich businessman Moise Katumbi, who is anticipated to compete in the December presidential election, had a falling out with Tshisekedi when former president Joseph Kabila was in office.

Cngo 5

It's horrible to see that tear gas is now being used instead of actual bullets like they formerly did. And all of this, Mr. Tshisekedi added, is "very sad. We were with him in the opposition, and if they don't even have to respect the Congolese people who want to march because there is a high cost of living, nothing is working in the nation, there is corruption, it's sad." He made this statement while leading the march. Katumbi, former prime minister Augustin Matata, MP Delly Sesanga, and Martin Fayulu, who ran for president in 2018 and claimed to have won, organized this protest.

Congo 3

When scores of riot police pulled up in their cars, they started to shoot tear gas and make arrests of at least a dozen individuals. This is when the fights started. Later, in a statement, Albert-Fabrice Puela, the minister of human rights for the Democratic Republic of the Congo, denounced "acts of repression" and "brutality" against protesters, including "minors". He said, "We want immediate investigations from justice so that accountability for the many infractions is established. The opposition leaders were confined to their cars by the police, who were preventing them from moving forward. According to former prime minister Matata, "It is a peaceful march to protest against a chaotic electoral process which prepares President Tshisekedi to take power by force, against the high cost of living, and against oppression."

 

Congo 2

The police operation's leader disagreed. Faustin Numbi stated that the march was authorized, but it would take place on the "other side" of the city, in the northwest. "We spoke with them and instructed them to make room for traffic and go to the starting place, which is at Mbeseke. They were unwilling to cooperate, he continued. An AFP journalist said that another group of protesters who attempted to approach the parliament building along this path were dispersed after being falsely accused by the police. Two or more injured protesters were described as being "between life and death" by the demonstration organizers during a joint press conference.

They also declared that a fresh protest will take place on Thursday in front of the National Electoral Commission's Kinshasa offices. The 20th of December is set aside for the presidential election. Tshisekedi, the president who took office in 2019, is running for re-election.

Only two months remain until the Kogi governorship election and ten political parties have "collapsed their structures" in support of Admiral Jibrin Usman of the Accord Party. This was said by Usman, a former chief of the naval staff, on Thursday in Abuja. Senator Dino Melaye (PDP), a former member from Kogi West, and Usman Ododo (APC) are all running for governor as well. The candidate for the Accord Party expressed confidence that the "merger" would ensure his victory in the election. "We have all witnessed the consequences of the agreement reached between a few parties that gave rise to the All Progressives Congress.

Dino Melaye

Merging parties is not a terrible thing. It is legal under the Constitution, Usman added. "If, for example, my party decides to combine with another party, there is nothing wrong with it. You might find it interesting to hear that my party has amalgamated with ten other political parties, and my state party chairman has accepted them. There are ten parties with me; some of them are resolute, but some have come to me and asked for more time. Usman observed that the deplorable living circumstances of the people necessitate a fresh sense of direction in the state's political leadership. Usman claimed to have recently returned from a visit to 27 districts in Kogi East.

Ododo

"We visited Kogi East and traveled through 27 districts. We observed a high degree of decadence, a lack of infrastructure for efficient growth, and the fact that the Kogi people were truly struggling during the visit. Therefore, a paradigm change is required. It is our responsibility to protect our people from the corrupt leadership. He named security as one of the issues that has to be resolved in order to make the state safer for both natives and residents.

 "The level of security in Kogi State at the moment is not very impressive. People in the state are unable to get any shut-eye. We are dealing with a lot of abduction, political killings, and thuggery in Kogi State. Many individuals are losing their lives as a result of poverty. Lack of employment is the cause of the crime we see in Kogi. The young people struggle mightily to make ends meet. Many of them are university graduates who are jobless. This is why many of them are hired as political thugs by their political masters, he claimed.

Shouldn't he coordinate with the proper security agencies to seek deployment to give it a check in his capacity as the state's senior security officer? If we are there, we will know which agencies to contact," he continued. The well-being of Kogi State's government workers is one of the areas in which the former navy commander will intervene if elected governor. "The situation of the government servants is pitiful. The employees of Kogi State are viewed as beggars, and they don't deserve to go through what they are going through right now. From 25% to 50% of their wages are paid as percentages. Is that sufficient to feed someone?

Friday, 01 September 2023 11:24

UMAHI A QUISTENTIAL IBO MAN IN POLITICS?

He also disclosed that he will be promoting the usage of concrete for building roads. "We will have a 43-kilometer dual carriage from Ibadan to Uyo," he said. It has not yet begun. For concretes, we will remodel. To find out what we have, I'm going to meet with the DMO. If it's concrete, we'll return home and go to bed. And we may cover the concrete with two inches of asphalt to have the same smoothness.

 

"They claim the Ibadan axis is done. That is like placing a chandelier on top of the pavements of the roads. The dual carriageway between Ile-Ife and Ire Akari is being rebuilt. Between Osun State and Uyo State, there is this. It has a 108 km dualization. I'm going to rework it since I have a problem with how we handled the dualized road's reconstruction. Starting both sides at once is quite unprofessional when there is road dualization. I advise using one lane while allowing the rest of the traffic to utilize the other. "Despite the financial issues, we completed one lane, and now we can move to the other.

 

Therefore, citizens will always have access to an excellent road on one side. "That is what I am going to rearrange so that all dualized roads that are not up to 20 to 30 percent finished, we will at least finish one," said the official. I'll introduce concrete now that this one is 10% complete. Ibadan (Ogbomoso)-Ilorin is now dualized and 80% finished. RCC is in this. 

 

Thursday, 31 August 2023 17:18

CHAMPIONS LEAGUE DRAW

Wednesday, 30 August 2023 13:26

DAVIDO PLAYS AT PREMIERSHIP LEAGUE AWARD

David Adeleke, better known by his stage name Davido, is a Nigerian music phenomenon who recently contributed some musical flare to the recently held Professional Footballers' Awards.

 

Saka

At the magnificent event, which honored English Premier League players for their outstanding efforts throughout the 2022–2023 season, the well-known Nigerian musician once again showcased his mesmerizing singing abilities.

Erling Haaland

Infusing the award show with his trademark energizing performance, Davido came center stage and presented the audience with a live rendition of "Unavailable," a song from his recently released Timeless Album.

 

Davido's musical talent was showcased during the event, which also honored football players who succeeded on the field. Erling Haaland, Bukayo Saka, Lauren James, Marcus Rashford, and many more eminent people graced the occasion and received honorary prizes. In fewer than six days, Bukayo Saka—who will be 22—will collect the prized PFA Young Player of the Year title. Erling Haaland, who joined Manchester City during the summer transfer window of 2022 and immediately had a big effect there, won the PFA Player of the Year award for his outstanding goal-scoring performances.

 

The Fan's Player of the Year was awarded to Marcus Rashford, and the PFA Championship Player of the Year went to Chuba Akpom, a young Nigerian striker who just joined Ajax FC. These talented athletes and their careers will never forget that night. Additionally, Davido's thrilling musical performance created an imprint that will live on, making the Professional Footballers' Awards a night to remember for skill and joy.

Wednesday, 30 August 2023 13:14

AIR PEACE’S FUND TRAPPED IN CBN

In addition to having roughly 15 planes delayed abroad, Air Peace's chairman, Barr. Allen Onyema, said Wednesday that the airline had about $14 million stuck in the Central Bank of Nigeria (CBN). Onyema lamented the ease of doing business in Nigeria in a speech he gave at the Nigerian Bar Association (NBA) Annual Conference, stating local investors encounter several legislative impediments that limit their progress.

How can your economy expand while domestic investments are overtaxed? People in the community can find employment thanks to these investments. How do you develop your economy when those in authority view you as an adversary or a competition because they are blinded by their beliefs, which makes doing business challenging?The Central Bank of Nigeria is holding roughly 14 million USD that belong to Air Peace. It is not obscured. About 15 of our planes are also stuck abroad. People would then claim that Nigerian airlines are undercapitalized. They do not lack capability; rather, what they lack is open government assistance and business-friendly regulations.

Do you realize how much money our nation spends through its airlines on airplane maintenance? In 2022, Air Peace alone spent 78 billion naira on maintenance, with the money going to other nations. How are local investments expanding at this rate? The head of Air Peace continued by recalling how, after paying over 100 million naira to FAAN to lease property at the Lagos Airport, he filed to run a maintenance hangar in 2015, but noted that Air Peace has still not received the site even eight years later.

Wednesday, 30 August 2023 12:46

PRESIDENT TINUBU MAKES LOAN REMITTANCE

According to CBN statistics, the federal government of Nigeria spent $1.17 billion in the first half of 2023 servicing foreign debt. The period's largest spending was in the month of June, which totaled $543 million. The information also reveals that between January and June, direct remittances totaled $951.99 million. In the first half of 2023, the federal government spent $1.17 billion on obligations to service foreign debt. The Central Bank of Nigeria (CBN) has revealed data on exports and international payments.

 

During the first half of 2023, the Central Bank of Nigeria spent $951.99 million on direct remittances. According to reports, the Nigerian government spent more than 85% of its income on debt repayment in February 2023. Nigeria's president Bola Tinubu has committed to remove the country's excessive reliance on borrowing for government expenditures. He pledged to reduce the added strain of debt payment on the administration of Nigeria's constrained tax resources.

According to CBN statistics, the federal government paid $112.35 million in January 2023 to pay down its foreign debts. In February, the government spent $288.5 million, and in March, it spent $400.5 million. In April, a large $92.8 million expenditure was incurred. Additionally, as of May, $221 million had been spent on meeting these obligations. The month of June, which had an exceptionally high maintenance cost of $543 million, the highest sum in 13 months, was the most striking aspect of this data, though.

 Data from the Debt Management Office show that China, the World Bank, the African Development Bank, the Islamic Development Bank, Japan, France, and other institutions are among Nigeria's biggest lenders. Payment for the time period According to the analysis of the statistics, direct remittances totaled $951.99 million for the first half of 2023. The figures show that February's total was $83.76 million while January's total was $79.2 million. In March, a large $138.6 million was totaled, and in April, $159.04 million was moved.

A $202 million influx was recorded in May, while a significant rise of $297.4 million in direct remittances was recorded in June. The federal administration said on Monday, August 29, 2023, that it had no intention of borrowing money from any local or foreign organizations after abolishing the gasoline subsidy and harmonizing exchange rates. Chief Wale Edun, Minister of Finance and Coordinating Minister for the Economy, made this statement on Monday in Abuja at the end of the first Federal Executive Council meeting.

Edun

Edun claims that a variety of palliatives have been made available as a result of the increased funds from subsidy withdrawal to decrease the effect over the short, medium, and long term. He reiterated the intention of President Bola Tinubu's administration to extricate the economy from the bind it has found itself in over time. Amid the CBN's depreciation of the currency, Nigeria's debt stock reached N82 trillion. Before the Central Bank of Nigeria (CBN) exchange rate unification, which was announced on Wednesday, June 14, 2023, the public debt of Nigeria increased from N77 trillion to N82 trillion, according to a previous article by Legit. ng.

 

In accordance with a news announcement from the CBN, all exchange rate windows have been merged into the Importers and Exporters (I&E) window to demonstrate this. The Debt Management Office (DMO) estimated Nigeria's debt portfolio at N448 billion before the naira's floating.

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