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Civil Society Coalition Condemns Attacks on Gaza, Calls for Global Intervention in Hamas-Israeli Conflict

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The Coalition of Civil Society Organisations (CCSO) in Nigeria yesterday condemned what it described as “the ongoing genocidal attacks by the Israeli army against defenseless civilians in Gaza among them women and children with number of casualties continues to rise.”

The group at a World Press Conference held in Ikeja, Lagos, vowed to stand with the people and freedom of Palestine.

While speaking with THISDAY on the sideline, one of the leaders of the groups and the General Secretary of United Action for Democracy, Mr. Kunle Wizeman-Ajayi, insinuated that the Hamas-Israeli war might have a dimension in Nigeria.

According to him, “Any war can affect the world in one way of another, and that’s why we are in support of the freedom of Palestine. The battle between Hamas and Israel has a global effect, and you can see it today that it is even a debate in Nigeria already because the Israeli apartheid is pseudo-attached to Christianity, and there are several Christians in Nigeria, and many Muslims in Nigeria don’t understand the battle Palestine is fighting, because if they support the freedom of Palestine, they should also support the freedom of Biafra in Nigeria.

“Also, if Christians in Nigeria, especially those in the Southeast, support the freedom of Biafra, they should also support the freedom of Palestine. So freedom does not have any religious connotation. So freedom is freedom because we are all human. This can become a global war, and once that happens, just like in the Second World War, soldiers would be taken away from Nigeria to fight. Many would become soldiers by force just like our grandparents did during the Second World War. So we must nip any war in the bud before it becomes global just like we did in Niger Republic.

“American President, Joe Biden, wanted to force ECOWAS to start a war in that country, but because Nigerians rose against it, by now, we would have been in war. So because we stop the French occupation of Niger Republic, we, Nigeria, Africa, and the world should also rise against the occupation of Palestine by Israel.”

The other civil society coalition leaders, including Omotaje Olawale Saint of Work Bond International Network (WIN); Ahmed Balogun of Frontline Socio-Economic Research Centre (FSERC); Alex Omotehinse of Centre for Human and Socio-Economic Rights, among many others, while addressing journalists, declared that the death of over 500 Palestinians “in a single Israeli strike at the Al-Ahli Arab hospital south of Gaza on October 17, 2023, is a case of crimes against humanity that the ICC must investigate and hold Israel accountable.

“It was the Israeli army that asked Palestinians in Gaza to flee to a safe corridor. It is therefore reprehensible and callous for Israel to carpet-bomb the same place it chose as a safe haven for people fleeing its destruction in one part of Gaza. The bombing clearly attests to deliberate and well-coordinated crime against humanity.”

They added that the attempt by the duo of Israeli Prime Minister,Benjamin Netanyahu, and US President Biden “to exonerate Israel of the bombing in hospital is shameful and condemnable. The argument that the bombing at the hospital was due to self-explosion is deceptive and a conspiracy in genocidal mission.

“President Biden cannot walk back his talk. His promise to provide everything Netanyahu needed to prosecute this genocide is on record. The president shall answer to crime against humanity at the appropriate time. His refusal to call for a ceasefire and his open green-lighting of Israel’s premeditated genocidal mission are now well-documented.”

The coalition further affirmed that “as an occupied people Palestinians have the right to resistance which they continue to muster despite their backs being against the wall. Palestinians are not fighting just Israel, they have been fighting a rogue superpower which is America. We salute their courage and their refusal to be bullied into silence

“The world must rise to help Palestinians reclaim their rights, their dignity, their humanity; they must be free to determine their own destiny; create their own political institutions; establish a viable and sovereign state; and live in peace.

“Our prayer is that the United Nations must prevail on Israel to halt its war crimes by calling for a ceasefire. It should as a matter of urgency reclaim the peace process and take it away from the monopoly of the United States and European Union

“Other nations of the world, from the Arab World to Turkey and China, must invest in the peace process to end US monopoly.

“Governments of the world must begin to isolate Israel as the pariah that it has become. In this vein, all justice-loving countries and peoples of the world must patronise the BDS (Boycott, Divestment and Sanctions) and take appropriate action.”

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International

Global Oil Market Report – May 2025 by IEA

Based on the latest plans, OPEC+ will add 310 kb/d of extra supply this year and 150 kb/d in 2026.Refinery throughput forecasts for 2025 and 2026 are broadly unchanged from last month’s Report at 83.2 mb/d and 83.6 mb/d, respectively.

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Global oil demand growth is projected to slow from 990 kb/d in 1Q25 to 650 kb/d for the remainder of the year as economic headwinds and record EV sales curb use.

International energy agency, made the disclosure in its Oil Market Report – May 2025

The report reads: ” Demand growth averages 740 kb/d in 2025 and 760 kb/d in 2026, despite accelerating OECD declines of -120 kb/d and -240 kb/d, respectively.

World oil supply looks on track to rise by 1.6 mb/d to 104.6 mb/d on average in 2025, and by an additional 970 kb/d in 2026.

Non-OPEC+ producers are set to add 1.3 mb/d this year and 820 kb/d next year, even as US LTO supply has been reduced.

Based on the latest plans, OPEC+ will add 310 kb/d of extra supply this year and 150 kb/d in 2026.Refinery throughput forecasts for 2025 and 2026 are broadly unchanged from last month’s Report at 83.2 mb/d and 83.6 mb/d, respectively.

Annual gains of around 400 kb/d in both years are driven exclusively by non-OECD regions. Refining margins reached 12-month highs across most regions and configurations in late April, as a discernible shift in crude pricing boosted profitability.Global oil stocks rose by 25.1 mb in March, led by a 57.8 mb increase in crude, but at 7 671 mb remained well below the five-year average (-221 mb).

Total OECD inventories increased by 3.1 mb, while non-OECD stocks rose by 21.3 mb and oil on water was up slightly by 0.7 mb. Preliminary data show global oil inventories built further in April.

Benchmark crude oil prices fell by around $10/bbl over April and into May amid escalating US tariffs and larger-than-expected OPEC+ output hikes.

Bearish sentiment eased somewhat after the US reached a trade deal with the UK on 8 May, and a 90-day accord with China on 12 May. Russian crude prices averaged $55.64/bbl in April with all major export grades below the $60/bbl price cap.

At the time of writing, North Sea Dated was trading at around $66/bbl.

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Former Mauritanian president jailed for 15 years following appeal

Abdel Aziz, who has denied corruption allegations, was found guilty of economic crimes and abuse of power.

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Mauritania’s former president, Mohamed Ould Abdel Aziz, was on Wednesday sentenced to 15 years in prison on corruption charges following an appeal to a Nouakchott court by both the state and Aziz’s defence against a sentence imposed in 2023.

Reuters reported that Abdel Aziz led the West African country for a decade after coming to power in a 2008 coup, followed by an election a year later.

He was an ally of Western powers fighting Islamist militants in the Sahel region.

Abdel Aziz, who has denied corruption allegations, was found guilty of economic crimes and abuse of power.

He was initially handed a five-year prison sentence in December 2023 before the state appealed against the leniency of that punishment and Aziz’s team appealed the ruling, saying only a high court of justice was qualified to try a former president.

“It is a decision that reflects the pressure the executive branch exerts on the judiciary,” defence lawyer Mohameden Ichidou told Reuters, adding that the defence would appeal against the decision to the Supreme Court.

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International

Nissan plans 20,000 jobs cut after $4.5bn annual net loss

The uncertain nature of US tariff measures makes it difficult for us to rationally estimate our full-year forecast for operating profit and net profit, and therefore we have left those figures unspecified,” CEO Ivan Espinosa told reporters..

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Japan’s Nissan posted a huge annual net loss of $4.5 billion on Tuesday while confirming reports that it plans to cut 15 percent of its global workforce and warning about the possible impact of US tariffs.

AFP reported that the carmaker, whose mooted merger with Honda collapsed earlier this year, is heavily indebted and engaged in an expensive business restructuring plan.

Nissan reported a net loss of 671 billion yen for 2024-25 but did not issue a net profit forecast for the financial year that began in April. It did say, however, that it expects sales of 12.5 trillion yen in 2025-26.

The uncertain nature of US tariff measures makes it difficult for us to rationally estimate our full-year forecast for operating profit and net profit, and therefore we have left those figures unspecified,” CEO Ivan Espinosa told reporters.

“Nissan must prioritise self-improvement with greater urgency and speed.”

The company’s worst ever full-year net loss was 684 billion yen in 1999-2000, during a financial crisis that birthed its rocky partnership with French automaker Renault.

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