Connect with us

News

BRICS Nations Raise ‘Serious Concerns’ Over Trump Tariffs

Published

on

ADVERTISEMENT
Zoom Ad
ADVERTISEMENT
Zoom Ad

By Kayode Sanni-Arewa

BRICS leaders meeting in Rio de Janeiro on Sunday are expected to decry US President Donald Trump’s “indiscriminate” trade tariffs, saying they are illegal and risk hurting the global economy.

Emerging nations, which represent about half the world’s population and 40 per cent of global economic output, have united over “serious concerns” about US import tariffs, according to a draft summit statement obtained by AFP on Saturday.

Since coming to office in January, Trump has threatened allies and rivals alike with a slew of punitive duties.

Advertisement

His latest salvo comes in the form of letters informing trading partners of new tariff rates that will soon enter into force.

The draft summit declaration does not mention the United States or its president by name, and could yet be amended by leaders gathering for talks Sunday and Monday.

But it is a clear political shot directed at Washington from 11 emerging nations, including Brazil, Russia, India, China, and South Africa.

“We voice serious concerns about the rise of unilateral tariff and non-tariff measures which distort trade and are inconsistent with WTO (World Trade Organization) rules,” the draft text says.

Advertisement

It warns that such measures “threaten to further reduce global trade” and are “affecting the prospects for global economic development.”

Conceived two decades ago as a forum for fast-growing economies, the BRICS have come to be seen as a Chinese-driven counterbalance to Western power.

But the summit’s political punch will be depleted by the absence of China’s Xi Jinping, who is skipping the annual meeting for the first time in his 12 years as president.

That absence has prompted fevered speculation in some quarters.

Advertisement

“The simplest explanation may hold the most explanatory power. Xi recently hosted Lula in Beijing,” said Ryan Hass, a former China director at the US National Security Council who is now with the Brookings Institution think tank.

The Chinese leader will not be the only notable absentee.

War crime-indicted Russian President Vladimir Putin is also opting to stay away, but will participate via video link, according to the Kremlin.

Hass said Putin’s non-attendance and the fact that Indian Prime Minister Narendra Modi will be a guest of honour in Brazil could also be factors in Xi’s absence.

Advertisement

“Xi does not want to appear upstaged by Modi,” who will receive a state lunch, he said.

“I expect Xi’s decision to delegate attendance to Premier Li (Qiang) rests amidst these factors.”

Still, the Xi no-show is a blow to host President Luiz Inacio Lula da Silva, who wants Brazil to play a bigger role on the world stage.

In the year to November 2025, Brazil will have hosted a G20 summit, a BRICS summit, and COP30 international climate talks, all before heading into fiercely contested presidential elections next year, in which he is expected to run.

Advertisement

Lula warmly welcomed leaders and dignitaries on Saturday, including China’s Premier Li Qiang, as the leftist president hosted a pre-summit business forum in Rio.

“Faced with the resurgence of protectionism, it is up to emerging countries to defend the multilateral trade regime and reform the international financial architecture,” Lula told the event.

Iran’s President Masoud Pezeshkian, whose nation is still reeling from a 12-day conflict with Israel, is also skipping the meeting and will be represented by Foreign Minister Abbas Araghchi.

A source familiar with the negotiations said Iran had sought a tougher condemnation of Israel and the United States over their recent bombing of Iranian military, nuclear, and other sites.

Advertisement

But one diplomatic source said the text would give the “same message” that BRICS delivered last month.

Also Read: Israeli Air Strike Kills Hamas Leader Mohammed Sinwar
Then Iran’s allies expressed “grave concern” about strikes against Iran, but did not explicitly mention Israel or the United States.

Artificial intelligence and health will also be on the agenda at the summit.

Original members of the bloc, Brazil, Russia, India, and China, have been joined by South Africa and, more recently, Saudi Arabia, Iran, the United Arab Emirates, Egypt, Ethiopia, and Indonesia.

Advertisement

(AFP)

Continue Reading
Advertisement
Click to comment

Warning: Undefined variable $user_ID in /home/naijuinz/public_html/wp-content/themes/zox-news/comments.php on line 49

You must be logged in to post a comment Login

Leave a Reply

News

Obi’s TV interview exposed lack of policy depth — presidential aide

Published

on

By

ADVERTISEMENT
Zoom Ad
ADVERTISEMENT
Zoom Ad

Senior Special Assistant to the President on Public Engagement, Frederick Nwabufo, on Monday criticised the presidential candidate of the Nigeria Democratic Congress (NDC), Peter Obi, describing his recent television interview as further evidence of what he called the opposition leader’s lack of policy depth and understanding of governance.

Reacting in a post on his verified X handle, @FredrickNwabufo, to Obi’s appearance on Channels Television on Sunday night, Nwabufo said the interview showed the NDC candidate had failed to articulate any concrete alternative policy direction.

“Peter Obi’s interview shows him again to be vacant of deep thought, understanding of governance, and taken up by syrupy rhetoric. He still has no plan, no alternative, and no policy plank, beyond a mouthful of sentimental nothings”, he said.

The presidential aide also faulted Obi’s claim that he would unite Nigeria, arguing that the opposition candidate failed to explain how he intended to achieve that objective.

Advertisement

“Obi claimed he would unite Nigeria, but failed to explain how beyond the tired refrain of his cooks and ADC being northerners”, Nwabufo said, adding that “his utterances, actions, and those of his followers have but deepened the chasm”.

According to him, national cohesion is built on “inclusive governance, economic integration, and equitable citizenship”, stressing that “the balancing forces of national cohesion are governance and the economy”.

He argued that strengthening national unity requires governments to ensure that “public resources are delivered to all citizens regardless of faith, ethnicity, or social standing and that the government is fair and just to all”.

Nwabufo said President Bola Tinubu had demonstrated those principles by ensuring that “the six geopolitical zones are equal beneficiaries of its programmes, initiatives, and projects, and indeed, all the accruals of governance”.

Advertisement

He further cited the administration’s appointments into public offices, saying, “He appointed young professionals from diverse backgrounds at an unprecedented scale. For the first time in the evolution of Nigeria, young people are superintending strategic sectors of government”.

The presidential spokesman also defended the President’s approach to national leadership, saying Tinubu had addressed concerns over the composition of the nation’s service chiefs while maintaining a unifying posture.

“There was a time, not so long ago, when the ethnic composition of the service chiefs was often a sore point for controversy, but in his true form as an architect of unity, balancing competence and patriotism, the President put an end to the concerns with wisdom”, he said.

He added that “President Tinubu, by his body language and extempore utterances, has maintained a nationalist and unifying position, bringing all together, and not given to divisive rhetoric. He has continued on the unifier’s path, stitching the national fabric, building a more cohesive nation and forging a shared future for us all”.

Advertisement

Responding to Obi’s criticism of the Renewed Hope Agenda, Nwabufo said the opposition candidate had failed to acknowledge what he described as visible gains from the administration’s reforms.

“Obi needs to get off the high of his rabid movement. The unmistakable trail of Renewed Hope shimmers across all villages, towns, cities, and local government areas in all six geopolitical zones”, he said.

He disclosed that members of the Presidential Communications Team had toured the country’s six geopolitical zones “to see things for themselves, feel the pulse of Nigerians, and conduit feedback to the government”.

Nwabufo added that the administration had documented evidence of economic improvements and transformative programmes, including the Nigerian Education Loan Fund (NELFUND) and interventions by the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN).

Advertisement

“If Obi cares, there’s a digital binder full of reports of Nigeria’s economic turnaround under the current administration, inclusive of many transformative projects, policies, and programmes, such as NELFUND, that are impacting Nigerians at the critical cellular level”, he said.

He concluded that “under Renewed Hope, that hardworking young trader in Amatutu village in Agulu, Anambra can now get support for his small business through SMEDAN, and that brilliant child in Mopa Muro can go to university through NELFUND without the constraints of finance. This is simply Renewed Hope manifest”.

Continue Reading

News

Lagos varsity unions issue seven-day ultimatum, threaten indefinite strike

Published

on

By

ADVERTISEMENT
Zoom Ad
ADVERTISEMENT
Zoom Ad

Workers’ unions across Lagos State-owned universities have given the Lagos State Government a seven-day ultimatum to address their outstanding demands or face an indefinite strike.

The unions also called on the state government to immediately implement the Federal Government’s agreements with the Academic Staff Union of Universities (ASUU), Senior Staff Association of Nigerian Universities (SSANU) and National Association of Academic Technologists (NAAT), which they said took effect from January 1, 2026.

They further demanded the release of funds for the payment of the N50,000 palliative promised to staff on May 1, 2026, warning that failure to meet their demands within the stipulated period would trigger an indefinite industrial action.

The ultimatum was announced on Monday at a joint press conference organised by the Joint Action Committee (JAC) of Lagos State-owned universities at the Lagos State University (LASU), Ojo campus.

Advertisement

The briefing was attended by representatives of ASUU, the Non-Academic Staff Union (NASU), SSANU and NAAT, who urged the government to take urgent steps to avert a disruption of academic activities across the state-owned institutions.

The affected institutions are Lagos State University (LASU), Lagos State University of Science and Technology (LASUSTECH), Lagos State University of Education (LASUED) and Lagos State University College of Medicine (LASUCOM).

Speaking on behalf of the unions, Chairman of ASUU-LASU, Prof. Ibrahim Bakare, said Governor Babajide Sanwo-Olu had announced on May 1, 2026, that all Lagos State workers would receive a N50,000 palliative, adding that the official communication from government indicated that tertiary institutions were included in the arrangement.

According to him, while workers in the Lagos State Civil Service received the payment, staff of the state-owned universities were excluded despite repeated engagements with university management and government officials.

Advertisement

Bakare said the unions had written to and held consultations with the offices of the governor, deputy governor, commissioners for Tertiary Education and Establishments and Training, the Head of Service, the Speaker of the Lagos State House of Assembly, the Accountant-General and relevant permanent secretaries in an effort to resolve the matter.

He, however, expressed disappointment over what he described as an unsatisfactory response from the government, noting that a letter received by the unions was vague and failed to provide a clear commitment towards implementing the governor’s promise.

“We explored every peaceful and reasonable avenue available to us because we believe in dialogue. Unfortunately, our members have become exhausted and can no longer continue to wait while other categories of public servants have received the payment,” he said.

Bakare disclosed that after consultations across the affected institutions, the unions resolved to issue a seven-day ultimatum to enable the government process the necessary approvals and release the funds.

Advertisement

He warned that failure to meet the demand before the expiration of the ultimatum would compel the unions to determine their next line of action, including embarking on industrial action.

“We pray industrial action does not happen, but if we are pushed to that point, we will have no other option. We cannot continue to allow our members to suffer under the current economic realities,” he said.

Bakare said Lagos had accumulated seven months of outstanding liabilities under the Federal Government agreements, despite assurances previously given by the Deputy Governor,  Obafemi Hamzat that future federal agreements would be implemented promptly to avoid a backlog of arrears.

He noted that several state-owned universities in Ekiti and Osun states had already implemented the agreements, describing Lagos State’s delay as surprising for a state regarded as one of the country’s most developed.

Advertisement

The unions also renewed calls for the fulfilment of other welfare commitments, including the release of staff buses promised by Sanwo-Olu and the resolution of the outstanding 20 per cent salary-related issue discussed during previous negotiations with the government.

Also speaking, Chairman of NASU-LASU, Comrade Obafemi Sanni, said the unions were forced to issue the ultimatum because of what he described as the government’s lackadaisical attitude towards implementing agreements affecting workers in tertiary institutions.

He maintained that if the government failed to act before the ultimatum expires, the unions would have no alternative but to embark on an indefinite industrial action.

The unions said they remain committed to dialogue but insisted that the welfare of workers must receive urgent attention to sustain industrial harmony across Lagos State-owned universities. Union representatives from other universities appealed to the state  to accede to their demands,noting that many of their members were dying.

Advertisement
Continue Reading

News

Kidnappers demand N200m to free abducted Kebbi High Court Judge

Published

on

By

ADVERTISEMENT
Zoom Ad
ADVERTISEMENT
Zoom Ad

Kidnappers holding Kebbi State High Court Judge, Justice Faruku Hassan Bunza, have demanded a N200 million ransom from his family for his release, as security operatives intensify efforts to rescue him.

Kebbi State Commissioner of Police, Umar Muhammad Hadejia, disclosed the ransom demand while briefing journalists on Monday in Birnin Kebbi.

He said the police received intelligence on the demand after launching a swift response to the judge’s abduction, which occurred in the early hours of Sunday at his residence along Zogirma Road in Bunza.

According to Hadejia, the Command has deployed a combined team of police operatives to comb suspected escape routes used by the kidnappers in a bid to rescue the judge unharmed and apprehend those responsible.

Advertisement

He added that multiple checkpoints had been mounted along strategic routes believed to have been used by the abductors to prevent their escape.

The police commissioner expressed confidence that the ongoing operation would lead to the safe rescue of the judge and the arrest of the kidnappers.

Hadejia also confirmed the killing of a suspected kidnapper, Abdulaziz Dogo, and the arrest of another suspect, Ibrahim Abdulwahab, both residents of Ilesha in Kwara State, over the abduction of former Kebbi State Deputy Speaker, Muhammad Samaila Bagudo, on October 31, 2025.

He advised residents, particularly government officials, to avoid travelling late at night, warning that such journeys expose them to attacks by bandits and kidnappers.

Advertisement

The commissioner said the judge’s family informed the police that he frequently travelled at night despite repeated warnings.

He added that the family also reported that the kidnappers had contacted a registrar of the High Court in Abuja regarding negotiations over the N200 million ransom.

Continue Reading

Trending

Copyright © 2024 Naija Blitz News