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EXPOSED! Terrorists plotting to attack national assets-DHQ warns
The Defence Headquarters, DHQ, on Thursday, raised fresh alarm over the alleged plans by Terrorists to attack critical infrastructure in the country.
Director Defence Media Operations, DMO, Major General Edward Buba who disclosed this to Defence Correspondents in Abuja at a bi-weekly briefing on the ongoing military operations in the various theaters of operations against insurgency activities across the country in the last week however assured the Nation that the Military high Command was doing everything possible to stop the dastardly act.
According to him, “We are aware of some of the plans to target some critical infrastructure in the country.
“Accordingly, we have placed measures to forestall such plans. Security agencies responsible for securing critical infrastructure and facilities have also been placed on alert. Accordingly, some of such plans have been frustrated.
He explained that the military was keeping up the pressure through ongoing operations in five active theatres across the country namely, the North East, North West, North Central, South South and South East, with the North East and North West having the highest levels of intensity.
According to him, “These operations are complex as troops are engaged in fighting in difficult terrains as well as fighting an adversaries that adopts various forms, across the country. Clearly, we have boots on the ground and are fighting in several dimensions to crush the enemy.
” Indeed, troops are fighting on ground, air, at sea as well as in the cyber dimension in several parts of the country. The common denominator in all our operations are the terrorists.
“These terrorists are the enemy that must be fought and defeated. They are responsible for keeping the nation in an almost constant state of counter-terrorism and counter-insurgency.
He explained that during the week under review, troops neutralised 187 and arrested 183 persons while Troops also arrested 26 perpetrators of oil theft and rescued 109 kidnapped hostages.
According to him, ” In the South South, troops denied the oil theft of the estimated sum of One Billion One Hundred and Twenty-Seven Million Two Hundred and Twenty Nine Thousand Eight Hundred and Ninty Naira (N1,127,229,890.00) only.
Furthermore, troops recovered 128 assorted weapons and 3,300 assorted ammunition.
“The breakdown as follows: one PKT gun, 80 AK47 rifles, 15 locally fabricated gun, 15 dane guns, 2 FN rifles, 5 pump action guns, 2 single barrel guns, 4 locally fabricated pistols, one fabricated barretta pistol, one locally made double barrel gun, 2 hand grenades, 2 primed IEDs and materials.
” Others are: 1,941 rounds of 7.62mm special ammo, 729 rounds of 7.62mm NATO, 377 rounds of 7.62 x 54mm, 191 rounds of 5.55mm ammo, 199 rounds of 7.62 x 39mm ammo, 16 rounds of 9mm ammo, 26 live cartridges, 26 empty case of cartridges, 26 AK47 magazines, 6 baofeng radios, 10 vehicles, 4 motorcycles, 4 walkie-talkie, mobile phones and the sum of N102,010.00 only amongst other items.
He further added that the Troops in the Niger Delta area discovered and destroyed 18 dugout pits, 30 boats and 49 storage tanks.
According to him, “other items recovered include 66 cooking ovens, 4 drums, 5 speedboats, 15 vehicles, 2 tricycles, one generator, 11 mobile phones and 57 illegal refining sites.
“Troops recovered 1,l25,440 litres of stolen crude oil, 213,539 litres of illegally refined AGO and 1,230 litres of PMS.Troops are confronted by a vicious enemy that are constantly trying to kill citizens or have killed citizens. Indeed, these terror group are responsible perpetrating insecurity across the country and will not stop doing what the are doing, until they are stopped.
” In this fight, citizens must understand that, we must never compromise on security, otherwise everyone’s security will be compromised. This is a situation that cannot be over emphasized for us to live in safety and security”.
General Buba who assured that he military was doing what was needed at this time to force the terrorist to pay a price for every act of aggression against citizens of the country said “We recognise and have included this as part of our strategy to win the war.
According to him, ” overall, we have no choice but to fight for the safety and security of our citizens. We also fight to safeguard our nation and preserve our way of life as a people. For us a force, Defence is the essence of what we do as an armed forces. Accordingly, we would defeat the terrorists on the battlefield and help our nation flourish again.
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TALL Forcast: 2025 Budget will bring down inflation to 15%, dollar to N1,500-Tinubu
President Bola Tinubu has said that the 2025 budget forecasts that inflation will decline from current 34.6% to 15% next year.
He said this during his presentation of the N47.9 trillion 2025 budget proposal to a joint session of the National Assembly on Wednesday.
The President also said that the exchange rate will improve from approximately N1,700 per dollar to N1,500.
According to Tinubu, “this is an ambitious but necessary budget to secure our future.”
“The Budget projects inflation will decline from the current rate of 34.6 per cent to 15 per cent next year, while the exchange rate will improve from approximately 1,700 naira per US dollar to 1,500 naira, and a base crude oil production assumption of 2.06 million barrels per day,”Tinubu said.
He said the budget projections are based upon observations such as reduction of petroleum products importation, increased export of finished petroleum products, bumper harvest driven by enhanced security, reducing reliance on food imports, among others.
Tinubu listed highlights of the budget to include defence and security – N4.91tn, infrastructure – N4.06tn, health – N2.4tn, education – N3.5tn, among others.
Nigerians are grappling with economic hardship following incessant increase in inflation and volatile exchange rate that has seen dollar exchange as high as N1,700 in recent days.
On Monday, the National Bureau of Statistics (NBS) said Nigeria’s headline inflation rate rose to 34.60% in November 2024 from 33.88% in October 2024.
The November inflation rate showed an increase of 0.72% points compared to the October 2024 inflation rate, according to NBS’s latest Consumer Price Index (CPI) report which measures the rate of change in prices of goods and services.
“On a year-on-year basis, the Headline inflation rate was 6.40% points higher than the rate recorded in November 2023 (28.20%). This shows that the Headline inflation rate (year-on-year basis) increased in November 2024 compared to the same month in the preceding year (i.e., November 2023),” the Bureau said.
Significantly, food inflation rate in November 2024 was 39.93% on a year-on-year basis, 7.08% points higher than the rate recorded in November 2023 (32.84%).
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