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CPPE Estimates War In Niger ‘ll Cost Nigeria $2bn annually, Citing ECOMOG 

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CENTRE For The Promotion of Private Enterprise (CPPE) has estimated that war against military junta in Niger Republic to restore constitutional democracy in that country would cost Nigeria a minimum of $2 billion annually.

Dr. Muda Yusuf, the CEO of
the Lagos- based CPPE (an economic pressure group), therefore, called on the ECOWAS leaders headed by Nigeria ‘s President Bola Tinubu, to contemplate the colossal effects military intervention would have on  countries of the sub region and their citizens.

He said that the financial cost of a military campaign could be quite staggering and unpredictable.

Profiles of Nigeria Military Operations In ECOWAS
” There are valuable lessons to learn from the Nigeria’s military operations in Liberia and Sierra Leone over two decades ago.

Nigeria was the arrow head of the then Economic Community of West African States Monitoring Group [ECOMOG], the intervention force at the time. 

We lost over 500 soldiers during the Liberia war with hundreds sustaining various degrees of injuries. The war became protracted, lasting for about 7 years, [1990 to 1998]. 

At the peak of the war, there were 16,000 ECOMOG troops in Liberia, 80% of them were Nigerian troops.  The cost to Nigeria of the Liberia war was an estimated $8 billion dollars.

Shortly after the Liberia military operation, Nigeria led another military intervention in Sierra Leone to restore democracy in that country following the coup that toppled the then democratically elected President, Tejan Kabbah.

The story of Nigeria’s military campaign in Sierra Leone was not different.

Nigeria spent over $4 billion and lost about 700 soldiers. The war lasted about five years from 1998 to 2002.

The lesson here is that the cost of military interventions can be very prohibitive.

Similar military operation at this time may cost considerably higher, given the inflationary trend over the past 25 years. 

At the very minimum it would cost Nigeria a minimum of $2 billion annually to prosecute a military operation in Niger, taking into account the prevailing geopolitical dynamics in the Sahel.

It will be difficult to accommodate such huge financial commitment at this time without putting a serious strain on our fiscal operations and foreign reserves.

With the benefit of hindsight, it is doubtful whether Nigeria got any significant benefit from the military interventions in both Liberia and Sierra Leone. 
Yet the operation was a huge financial burden on Nigeria.

The costs to Nigeria were colossal. Military spending in a war situation is largely in foreign currency. 

It could therefore be a major drain on the Nigeria’s reserves.

The loss of lives was also a tragic outcome of the war.

At the end, there was no concrete benefit for Nigeria for expending so much of its financial and human resources,” he said. 

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Insecurity: PDP says Nigeria’s Safer in 2015 Than Today

In the statement signed by Comrade Ini Ememobong, National Publicity Secretary, the party sympathise with the families who have been affected by bombing and calls on the federal government to move beyond rhetoric in security matters.

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Opposition party -The Peoples Democratic Party (PDP) has beaten it’s chest saying, “There is no one, including the President, who will not agree that our country was safer in 2015 than it is today.”

In a statement on Tuesday, the opposition party referenced the recent multiple bombings in Maiduguri, resulting in at least 23 deaths and injuring more than 100 people, alleging that “it was another incontrovertible piece of evidence of the inability of the APC-led federal government to curb the growing insecurity in the country.”

This bombing is an unfortunate addition to the numerous acts of grave insecurity that have occurred under the watch of President Bola Tinubu, who was the loudest campaign voice for the APC, promising to end insecurity immediately if his party is elected. Sadly, 11 years later, insecurity has not only increased significantly in the Northeastern part of Nigeria; it has spread almost uncontrollably to many other parts of the country that were hitherto very safe and peaceful.

Despite this glaring failure, the APC-led Presidency has devoted more time, energy, and resources to the task of political genocide against the opposition, instead of deploying the same to combat the growing insecurity that has become the lived reality and new normal of Nigerians.

In the statement signed by Comrade Ini Ememobong, National Publicity Secretary, the party sympathise with the families who have been affected by bombing and calls on the federal government to move beyond rhetoric in security matters and engage strategic stakeholders, especially community leaders, as part of a whole-of-society approach to combating insecurity.

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President Tinubu Embarks on Historic State Visit to United Kingdom

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President Bola Ahmed Tinubu, accompanied by First Lady Senator Oluremi Tinubu, will depart Abuja tomorrow, Tuesday, March 17, for a landmark state visit to the United Kingdom at the invitation of Their Majesties King Charles III and Queen Camilla.

The visit, the first by a Nigerian leader in 37 years and the first hosted by a British monarch at Windsor Castle, marks a significant milestone in Nigeria-UK relations. President Tinubu will be hosted at Windsor Castle from Wednesday, March 18, to Thursday, March 19.

During the stay, Their Majesties will invite the presidential couple to view a special Royal Collection exhibition featuring items related to Nigeria. Private discussions between King Charles and President Tinubu will follow, alongside meetings with organisations involved in interfaith dialogue.

The day will culminate in a State Banquet hosted by the Royal Family in honour of the Nigerian guests.President Tinubu will also hold bilateral talks with Prime Minister Keir Starmer at 10 Downing Street, paving the way for expanded high-level engagement.

The discussions are expected to result in the signing of multiple Memoranda of Understanding and agreements covering trade, investment, defence, and cultural cooperation.

A key highlight includes President Tinubu witnessing the signing of a major £746 million financing agreement between UK Export Finance (UKEF), the Nigerian Ports Authority (NPA), and the Federal Ministry of Finance.

The deal will support the refurbishment of Nigeria’s critical maritime infrastructure at the Lagos Port Complex (Apapa Quays) and Tin Can Island Port Complex.

The President will serve as guest of honour at the Nigerian Modernism exhibition, celebrating modern arts and culture, and attend a reception with Nigerian and British business leaders as well as the diaspora community.

The presidential entourage includes Senate President Godswill Akpabio; Attorney General and Minister of Justice Prince Lateef Fagbemi SAN; Minister of Solid Minerals Dele Alake; Minister of Information and National Orientation Mohammed Idris; Minister of State for Foreign Affairs Ambassador Bianca Ojukwu; Minister of Finance and Coordinating Minister of the Economy Wale Edun; Minister of Industry, Trade and Investment Dr. Jumoke Oduwole; Minister of Culture and Creative Economy Hannatu Musawa; Minister of Communications and Digital Economy Bosun Tijani; Minister of Defence General Christopher Musa (rtd); National Security Adviser Malam Nuhu Ribadu; and Director-General of the National Intelligence Agency Ambassador Mohammed Mohammed.

President Tinubu will return to Nigeria at the conclusion of the visit, which aims to deepen bilateral ties in immigration, trade, investment, security, and cultural exchange while reinforcing the enduring historical bond between the two nations.

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NRC Confirms Minor Train Incident Near Asham, Reports No Fatalities (Images)

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The Nigerian Railway Corporation (NRC) has confirmed that a minor but avoidable train incident occurred this morning near Asham, involving a rear locomotive and an adjacent passenger coach on one of its services.

According to the NRC’s official statement, the incident took place at approximately 10:30 a.m. and was caused by a coupling issue, resulting in contact between the rear locomotive and the following coach.

Several passengers sustained injuries in the event. The corporation stated that those affected were immediately provided with medical attention and transported to a nearby healthcare facility for further treatment. Importantly, no fatalities were recorded.

Emergency response teams were activated without delay, and technical crews have been deployed to the site. The Safety Investigation Bureau (SIB) has also arrived to carry out a comprehensive investigation in accordance with standard safety protocols.

The affected train reached Idu station around 10:39 a.m., approximately 38 minutes behind schedule, after time was taken to detach and remove the involved rear locomotive and coach SP 0006.

The NRC emphasized that passenger safety remains its highest priority.

The corporation assured the public that all required steps are being taken to resolve the situation and to maintain the safe and reliable operation of its train services moving forward.

The NRC said it will provide additional updates as more details emerge from the ongoing investigation.

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