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Tinubu Receives German Chancellor Scholz At Presidential Villa

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President Bola Tinubu, on Sunday afternoon, received the German Chancellor Olaf Scholz at the Aso Rock Presidential Villa, Abuja.

Scholz, who arrived at the Villa’s forecourt at 03:40 pm (local time), is visiting Nigeria for the first time since assuming office in December 2021.

It also begins his two-day working visit where he is scheduled to meet business leaders in Lagos on Monday, October 30.

Both leaders met at the 18th G20 Summit in India where the German helmsman told Tinubu, “We acknowledge the business-friendly reforms you have put in place. I am happy to inform you of my desire to visit you in Nigeria in October, which will allow us to carry forward these initiatives.”

 


He is the second European leader to visit the West African state since the Russo-Ukrainian War began in February 2022.

On September 7, 2022, Polish President Andrzej Duda met former President Muhammadu Buhari at the State House, expressing his country’s desire to increase energy imports from Nigeria.

The Russo-Ukrainian conflict has rekindled Europe’s interest in Africa’s energy market as EU nations seek alternatives to sanctioned Russian supply.


Barely a week before Scholz’s visit, the EU’s Commissioner for Energy in Nigeria, Ms. Kadri Simson, said the bloc is reinforcing its diplomatic relationship with its reliable Liquefied Natural Gas partners like Nigeria in the short-term to enable it to bridge the gas supply gap in the continent that resulted from the War.

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Hardship: Naira Is Stabilising, FG’s Reforms Yielding Positive Results – Information Minister

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…Insists FG Will Go After Saboteurs

Minister of Information and National Orientation, Mohammed Idris, says the Nigerian Government is identifying and sanctioning individuals sabotaging the economy.


The minister noted that the removal of the petrol subsidy was one policy decision that all the three major candidates agreed on in their campaign messages.

He said it was mystifying to see people who had argued stridently for the removal of subsidy now pretending to be against it, noting that such insincerity does not bode well for the country.


Idris insisted that the President’s policies are yielding positive results.

He, however, said that the government was not under any illusion that the policies are silver bullets, or that nothing else is required.

Stressing that the government will not allow its efforts to be jeopardised, the minister said regulatory and enforcement agencies have been working round the clock in the past few days to identify, investigate and sanction those involved in illegal activities and sabotage within the forex market.


“As respected economists and experts have acknowledged, these foundational reforms will be difficult and painful for Nigerians in the short-term,” the Minister said in a statement he signed and made available to journalists in Abuja on Friday.

“The problems that we are solving are no doubt multifaceted, intertwined, and deep-rooted, requiring creative, strategic, decisive, and multi-pronged solutions. These bold moves being implemented are in full alignment with what is required.

“It is heartwarming to note that we are starting to see the results. Indeed, the naira is stabilizing, and the foreign exchange market is seeing a surge of inflows.


“Sadly, as with any effort to reform and sanitise a system entrenched in long-term malpractice, the CBN’s efforts have been met with ferocious resistance from speculators and other unscrupulous players within and outside our country, who profit from dysfunction and opacity.

“To tackle this, regulatory and enforcement agencies of government have been working round the clock in the past few days, joining forces to address these efforts at undermining the reforms.

“That strategic alliance has led to the intelligence-led identification, investigation and sanctioning of individuals and organizations involved in illegal activities and sabotage within the forex market.


“Relevant regulatory and security agencies have been directed to remain vigilant to ensure that malpractices capable of undermining our currency are averted and that those engaged in these acts are brought to book. The government will not allow its efforts to be jeopardised

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BREAKING: INEC Publishes Report Of 2023 General Election

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The Independent National Electoral Commission, INEC, has released its report on the 2023 general election.


The commission said the publication of the report is in keeping with its tradition over the last four electoral cycles and commitment to transparency.

This was made known in a statement by Sam Olumekun, the National Commissioner and Chairman, Information and Voter Education Committee.


Olumekun said the Report showcases the election’s unparalleled diversity in party representation, demonstrating significant democratic progress.

According to him, the 2023 general election saw four political parties winning gubernatorial races, seven parties winning senatorial seats, eight in federal constituencies and nine in State legislatures, illustrating a broad shift in political representation across Nigeria.

He said the document has been made accessible on its website and social media platforms.


“On Thursday, 22nd February 2024, the Commission convened for its weekly meeting, where the 2023 General Election Report was reviewed and approved for publication.

It partly read: “In keeping with our tradition over the last four electoral cycles, and our commitment to transparency, we are pleased to announce the release of the official INEC report on the 2023 General Election.

“This comprehensive 526-page document, structured into 13 chapters and enhanced with 60 tables, 14 boxes and 10 graphs, offers an in-depth analysis of the election’s key processes, achievements, and challenges, alongside valuable lessons learned.


“The Report showcases the election’s unparalleled diversity in party representation, demonstrating significant democratic progress. This election saw four political parties winning gubernatorial races, seven parties winning senatorial seats, eight in federal constituencies and nine in State legislatures, illustrating a broad shift in political representation across Nigeria.

“The Report underscores the pivotal role of technological advancements, particularly the Bimodal Voter Accreditation System (BVAS), in enhancing electoral integrity and reducing fraud. Furthermore, it addresses public concerns about the INEC Result Viewing (IReV) portal, explaining the technical issues encountered during the upload of polling unit results for the presidential election.

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JUST IN: Okpebholo Declared Winner Of Edo APC Gov’ship Primary

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Senator Monday Okpebholo has been declared winner of the All Progressives Congress (APC) primary election for the September 2024 governorship election in Edo State.


Okpebholo scored 12, 433 votes to emerge winner.

Details later…

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