News
Tinubu, Oborevwori Distribute Cash, Rice, Medical Supplies To Elders In Delta
On Tuesday, the First Lady of Nigeria, Her Excellency Senator Oluremi Tinubu, through the Social Investment Programme of the Renewed Hope Initiative, distributed Fifty Million Naira (₦50,000,000) to 250 elderly men and women from all 25 Local Government Areas in Delta State.
The distribution, which took place simultaneously across all 36 states and the Federal Capital Territory, was conducted at the Banquet Hall of the Government House in Asaba, where beneficiaries from various political affiliations were present.
Deaconess Tobore Oborevwori, the wife of Delta State Governor Rt. Hon. Sheriff Oborevwori, represented Senator Tinubu at the event.
She announced that the Governor supported the First Lady’s initiative by providing 250 bags of rice, while she herself offered free medical check-ups and medications for the elderly participants.
In her speech, Senator Tinubu expressed her enthusiasm for the Renewed Hope Initiative Elderly Support Scheme (RHIESS), which is centered around the theme “Total Wellness: Happy, Healthy, and Prosperous Lifestyle.” She emphasized that this program is aimed at enhancing the well-being of senior citizens annually.
Senator Tinubu highlighted that the initiative seeks to assist 250 vulnerable seniors aged 65 and over from all 36 states and the Federal Capital Territory, including veterans associated with the Defence and Police Officers’ Wives Association.
Furthermore, she mentioned that the Governing Board of the Renewed Hope Initiative decided to increase the financial support for the second edition of the program from ₦100,000 to ₦200,000, to provide additional aid to elderly citizens during this festive season.
The First Lady noted that the total amount disbursed nationwide is One Billion, Nine Hundred Million Naira (₦1,900,000,000), with each beneficiary receiving ₦200,000.
She wished the senior citizens a joyful holiday and a prosperous 2025 while encouraging them to prioritize their health through regular exercise and a balanced diet.
In her welcome address, conveyed by the Deputy Governor’s wife, Lady Catherine Onyeme, Deaconess Tobore Oborevwori expressed gratitude to Senator Tinubu and the Renewed Hope Initiative team for their generous scheme. She remarked, “This thoughtful gesture will significantly contribute to nation-building.”
Responding on behalf of the beneficiaries, Mr. Sunny Onyejose, a stalwart of the APC, extended his appreciation to the First Lady for her kindness and commended Governor Sheriff Oborevwori and his wife for their additional humanitarian contributions to the initiative.
News
UK Court Jails 35-yr-old Nigerians 10 Yrs After Brutal R3pe Of Woman In Nottingham
By Kayode Sanni-Arewa
A 35-year-old Nigerian, Timilehin Olatunji, has been sentenced to 10 years in prison for the rape of a woman at a property in Nottingham during the early hours of September 29, 2024.
It was gathered that the victim courageously used a mobile app to record audio evidence of the attack before escaping and reporting the crime to Nottinghamshire Police.
Following the report, Olatunji was arrested shortly afterward and subsequently charged with three counts of rape.
He pleaded guilty to the charges.
During the sentencing at Nottingham Crown Court on Wednesday, January 15, Judge Michael Auty described the assault as “despicable and vile” and “beyond rational understanding.”
He condemned Olatunji’s actions, saying: “You took it upon yourself to rape her in the most brutal, sadistic, and cruel way imaginable.”
Olatunji has also been placed on the Sex Offenders’ Register for life and is subject to an indefinite restraining order to protect the victim.
In a statement released on Thursday, Nottinghamshire Police commended the victim’s bravery and reaffirmed their commitment to supporting survivors of sexual violence.
Detective Constable Emily Bucklow, of Nottinghamshire Police, said: “The recorded evidence of Olatunji’s horrific assault made this case particularly harrowing for all the officers who worked on it.
“It is one of the most upsetting things I have had to listen to in my policing career and only enhances my admiration for this victim’s bravery.
“I would also like to commend her for the courage she showed following Olatunji’s arrest and dignity during the subsequent court proceedings,” Emily said.
The detective said, “He subjected her to a violent, degrading and sustained ordeal but she has shown immense bravery to help us bring him to justice.
“I hope the sentence handed down will at least provide some closure to what must have been an acutely distressing period of her life.
“I also hope the sentencing of Olatunji will encourage other victims of rape and serious sexual assault to have the confidence to come forward and report offenders.
“Our experienced officers are here to help the victims of appalling crimes like this,” Emily added.
News
Tinubu Exhausted N9.74bn Supplying Rice, Beans Palliatives To Nigerians In 2024 – Report
By Kayode Sanni-Arewa
The President Bola Tinubu-led Nigerian government reportedly spent a total of N9.74billion for the procurement and distribution of food items as part of its efforts to mitigate the nationwide food crisis in 2024.
This was revealed by BudgIT on its platform, GovSpend, a civic-tech organisation advocating for transparency and accountability.
According to the report, a large portion of the funds was dedicated to supplying essential food staples such as rice, beans, maize, and other commodities.
The report showed that the Federal Ministry of Agriculture and Food Security led the initiatives, making multiple payments to contractors responsible for the emergency supply of palliative foodstuffs to various federal constituencies.
Key transactions included payments for the delivery of rice, beans, and garri to help alleviate hunger in vulnerable communities.
Payments, averaging around N85.45 million per constituency, were made between February and November 2024 across different regions.
Data from the platform reportedly indicate that N85,454,545.46 was spent on each constituency in states including Kano, Ogun, Osun, Akwa Ibom, Cross River, Adamawa, Kaduna, Jigawa, Ekiti, Oyo, Lagos, Bauchi, Rivers, Borno, Sokoto, and Enugu, bringing the total expenditure to N9.74 billion.
However, despite the significant financial outlay, there are concerns about the programme’s effectiveness in addressing the root causes of food insecurity.
Shedrach Israel, an economist at Lotus Beta Analytics, argued that food palliatives alone cannot solve Nigeria’s food crisis, according to PUNCH.
“While food palliatives are essential for addressing immediate hunger, they fail to address the underlying systemic issues, such as inflation and the deficiencies in the agricultural sector,” Israel said.
Israel added, “We need long-term economic policies focused on boosting local agricultural productivity and improving distribution networks to reduce dependence on external food aid.”
Israel further said that the N9.74 billion spent on palliatives could have been better invested in agricultural innovation and infrastructure development, which would provide sustainable solutions to food insecurity.
Also, La’ah Dauda, an agricultural economist based in Kaduna, emphasised the need for a more comprehensive approach to addressing the food crisis.
“The government’s reliance on palliatives is a short-term fix to a deeper agricultural crisis. While necessary, these measures do not tackle critical issues like inadequate irrigation, poor storage facilities, and limited market access, all of which continue to impede agricultural productivity across the country,” he said.
News
SEE Dollar (USD) to Naira Black Market Rate Today January 18, 2025 Aboki
By Kayode Sanni-Arewa
As of January 18, 2025, the Nigerian Naira (NGN) has continued to experience some level of volatility against the US Dollar (USD), while this has been the norm for decades now, this largely to some extent reflects the ongoing economic challenges.
See the Naira performance across various currencies
A quick check at the parallel market at Abuja Zone 4 market,as at January 18, 2025 , the black market exchange rate stands firmly at approximately ₦ 1,682.00 per USD. This means if you want to buy a dollar now, it is ₦ 1,682.00 while if you want to sell it is approximately ₦ 1,670.00 .
Please be aware that the parallel market or the black market rates are mostly and notably higher compared with what you get from the official market or CBN rate
Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Selling Rate ₦ 1,682.00
Buying Rate ₦ 1,670.00
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