News
No going back on forex, subsidy reforms – Finance minister
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, says there is no going back on the current administration’s reforms in the forex and oil and gas sectors.
Edun made this known when he received the newly assigned Minister of State for Finance, Doris Uzoka Anitez at the Ministry’s headquarters, on Monday.
“Nigeria now have a foreign exchange rate that is market based and also a deregulated oil market pricing which are two reforms that are long overdue over many decades that President Tinubu is currently implementing.
“Therefore as co-ordinating minister of economy, we stand on a threshold of a new dawn to implement these reforms and increase productivity, create jobs and reducing poverty and we are glad to have a minister of state that will help in actualizing the President’s reforms,” he said.
According to him, consultation and collaboration is key to achieving these key reforms both from public and private sector, stressing that ongoing economic policies are showing sustainability and sign of success.
The Minister of State for Finance, in her response, restated her commitment to work with stakeholders in both private and public sectors to ensure economic growth is materialized.
News
Just in: EndBadGovernance kids freed at last
By Kayode Sanni-Arewa
The imprisoned kids who joined EndBadGovernance protests have regained their freedom after 95 days in custody.
The kids regained freedom on Tuesday morning after the Federal High Court sitting in Abuja struck out the suit following an application by M.D Abubakar, counsel to the attorney-general of the federation (AGF).
The 76 kids were charged in court by Nigeria Police on Friday, for terrorism, treason and arson for participating in hunger protest.
Abubakar had applied to take over and discontinue the suit.
The kids freedom is coming barely 24 hours after President Bola Tinubu ordered their immediate release.
In a statement from the Minister of Information and National Orientation, Mohammed Idris, ”committee has been set up to look at the issues surrounding their arrest, detention and release. All the law enforcement agents related to the case will be investigated and anyone found wanting will be brought to book”.
The president also tasked the Ministry of Humanitarian Affairs to facilitating the safe return of the minors to their families.
News
Equatorial Guinea S3x Scandal: Lady Reportedly Takes Own Life After Seeing Clips
In a twist of events related to the ongoing s3x scandal in Equatorial Guinea, one of the women reportedly featured in explicit videos involving high-profile individuals took her own life.
The woman is believed to have been overwhelmed by the spread of the footage, which has gone viral and caused a media uproar in the country.
The scandal erupted after Baltasar Engonga, Director General of the National Financial Investigation Agency, was arrested on charges of misconduct, including allegedly recording over 400 videos involving wives of notable figures in the nation.
The videos, which surfaced amid a broader investigation into fraud, reportedly include intimate encounters with influential individuals, escalating the controversy.
This latest development has sparked a public outcry, with many calling for stronger measures to protect the privacy and dignity of those affected by the leaked content.
Meanwhile, officials in Equatorial Guinea are reportedly taking steps to control the scandal’s impact as they continue their investigation.
Akelicious reports that Baltasar Engonga, the Director General of the National Financial Investigation Agency in Equatorial Guinea, was arrested following a shocking revelation of over 400 sextapes reportedly involving the wives of prominent figures in the country.
Engonga, 54, came under investigation for fraud, leading to an unannounced search of his residence and office, where officials discovered numerous CDs containing recordings of his alleged sexual encounters.
The tapes reportedly feature encounters with high-profile individuals, including relatives and wives of government officials, such as the sister of the President, the wife of the Director General of Police, and spouses of approximately 20 ministers.
News
Deportation Rate Of Nigerians From Italy, Germany, UK, Ireland, Others Alarming – Japa Queen
The rising number of Nigerians deported; From “Japa” to “Japada” by Divine Chukwuemeka: Why are so many Nigerians being deported?
Devine Chukwuemeka, also known as “japa Queen,” a Nigerian-born migration researcher who has volunteered to study people’s movement from one location to another, provides this curated rundown.
According to M.S. Devine, sharing her insights into people’s migration with Oriontimes, “First, I’ll give the contextual meaning of the keywords.”
JAPA; fled Nigeria for a different country in search of better pastures.
“JAPADA” is the opposite of “japa,” which means to return to Nigeria after escaping.
Deportation is the removal of a person from a country; in essence, you were “japa-ed,” but they pursued you back.
📍The extradition pace of a Nigerians particularly from Italy, Germany, UK, Ireland and Greece has turned into an issue of concern.
For instance, the United Kingdom approximately deported;
1,105 Nigerians in 2015; 22,800 Nigerians in 2023. As you can see, the numbers have skyrocketed, and some of the reasons for the deportation are as follows:
Lack of documentation; overstaying their visa’s residency period; stricter immigration policies—you entered the country when X was tolerated; now, X is not tolerated, so you must leave; illegal immigration; and most common is criminal activity or a track record—why did you kill the shopkeeper or sell drugs?
The process of being deported does not end there;
Financial difficulties—deportees might have to start over financially; emotional difficulties—family members might be unhappy with them.
Some deportees pose a threat to societal peace or struggle with instabilities, necessitating their placement in rehabilitation facilities. Reduced Remittances: the country would not benefit from the tax or revenue on the money they send into the country again. Bad name: deportation is not a good thing in its fundamental form, so it muddies the country’s name.
P.S., are you familiar with “Deportation”?
P.S.S., what other factors might cause nation X to expel migrants?
P.S.S.: Do you know anyone deported?
Please let me know if you gained any knowledge; I value your intellectual contributions.
-
News13 hours ago
Petrol Pricing: Dangote trying to suppress competition, Petrol sellers allege
-
Metro22 hours ago
Gunmen attack Abia RRS facility, kill one detainee
-
News13 hours ago
Govt official arrested for 400 s3xtapes with president’s sister, ministers’ wives, others
-
News22 hours ago
Drama as Band A customers request downward review of high tariff
-
News22 hours ago
Valencia ask for another Copa del Rey postponement after floods
-
News16 hours ago
Badaru’s defection plan to PDP intensified as loyalists destroy Tinubu billboards in Dutse
-
News22 hours ago
EU ends six years of darkness in C’River community with solar mini-grid
-
News16 hours ago
Ikwechegh may experience double tragedy for assaulting Bolt driver -Minority Leader Chinda cautions