Tinubu’s Govt Inherited An Empty Treasury – NSA
The National Security Adviser, Nuhu Ribadu, revealed that the current financial challenges in Nigeria are due to an empty treasury inherited by President Bola Tinubu’s administration. Despite budgetary constraints, Ribadu assured a commitment to maintaining a robust defense system. Speaking at a security conference, he emphasized the government’s dedication to meeting defense requirements. Ribadu also commended the armed forces for their efforts in addressing security challenges.The Chief of Defence Intelligence, Maj Gen Emmanuel Undiandeye, expressed determination to utilize defense attaché capabilities for national security objectives.
FG moves to check excessive borrowing by states
The Federal Government is taking steps to curb indiscriminate state government borrowing from banks and the capital market. The Fiscal Responsibility Commission (FRC) has issued guidelines requiring states to meet specific conditions before borrowing. Barrister Charles Abana, Head of Legal, Investigation, and Enforcement at the FRC, expressed concern over banks enticing state governments into loans without proper scrutiny.Abana revealed that the FRC plans to provide a template to ensure compliance and wants the Central Bank of Nigeria (CBN) to issue guidelines to banks.
FG warns NLC against disobeying court order, ASUU join strike
The Federal Government has issued a warning to the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) leadership, urging them to adhere to court orders regarding industrial action or face consequences for disobedience. This comes in the aftermath of the attack on NLC President Joe Ajaero in Owerri, Imo State, which led to the call for a nationwide strike. Meanwhile, the Academic Staff Union of Universities (ASUU) has instructed its members to join the strike, as announced by NLC and TUC. ASUU President Emmanuel Osodeke directed compliance in a letter to coordinators and branch chairpersons nationwide.
Why gender-related bills failed in 9th Assembly, by Speaker Abbas
Speaker House of Representatives, Abbas Tajudeen stated that gender bills failed constitutional amendment in the 9th Assembly due to external vested interests. Many opposing voters were irregular attendees, mobilized to vote against the bills. Speaking at a meeting in Abuja, Tajudeen emphasized the need for a capacity needs assessment to enhance legislative processes, oversight mechanisms, and overall effectiveness. He called for partnerships with civil society organizations, NGOs, and donor agencies to strengthen the National Assembly’s capabilities.
Liberians Head To Polls As Football Legend Weah Vies For Second Presidential Term
Liberians are set to vote in a closely contested presidential run-off on Tuesday, deciding between incumbent George Weah seeking a second term and political veteran Joseph Boakai. Weah won in 2017 with over 61%, and the first round in October showed a tight race with Weah at 57% and Boakai at 78%. This election marks the first since the 2018 end of the UN peacekeeping mission following Liberia’s civil wars. Observers stress the significance of a peaceful process and acceptance of final results.
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