International
Good Governance Will Address Military Interventions In West Africa – Tinubu
President Bola Tinubu, on Sunday, implored West African leaders to prioritize good governance and collective prosperity as an essential tool to prevent authoritarian takeovers of power and unconstitutional changes of government in the region.
The Nigerian leader, who is also the Chairman of the ECOWAS Authority of Heads of State and Government, said this at the 64th ordinary session of the West African bloc at the State House, Abuja.
Addressing the high-powered regional gathering, the President identified good governance as a key catalyst to secure popular support through the socio-economic transformation and development of West Africa.

“The delivery of good governance is not just a fundamental commitment; it is also an avenue to address the concerns of our citizens, to improve their quality of life, and create a stable environment conducive to the achievement of sustainable development.
“By providing good governance that tackles the challenges of poverty, inequality and other concerns of the people, we would have succeeded in addressing some of the root causes of military interventions in civilian processes in our region,” a statement from the Presidency quoted Tinubu to have said.
Recounting decisions taken by West African leaders to further strengthen the region’s democratic achievements and uphold the right of the people to elect the leaders of their choice, the President said the bloc has outlined specific measures to be taken against any member state opting for an unconstitutional change of government.
“While the imposition of punitive sanctions may pose challenges, it is important to underscore that the struggle to protect the fundamental liberties of our Community’s Citizens must be upheld and respected.
“To this end, I would like to reiterate the imperative of re-engaging with the countries under military rule on the basis of realistic and short transition plans that can deliver democracy and good governance to the innocent populations in those countries.
“On our part, we should be prepared to provide them with technical and material support, to ensure the achievement of these strategic goals,” he said.
President Tinubu also used the occasion to applaud President George Weah of Liberia for conceding victory and congratulating his opponent during the last presidential election in Liberia.
He invited leaders at the summit and other participants to give a standing ovation to President Weah. He also acknowledged the presence of former President Goodluck Jonathan of Nigeria, who in 2015, displayed a similar commitment to democratic ideals after losing his re-election to the opposition candidate, Muhammadu Buhari.
“I would also like to seize this opportunity to extend my heartfelt congratulations to the people of the Republic of Liberia for the successful conduct of the presidential election, widely adjudged to be free, fair, and credible.
“Let me also commend my brother and colleague, His Excellency George Weah, for his exemplary leadership and conduct throughout the electoral process.
“By accepting defeat and congratulating his opponent, President Weah has left a legacy to be emulated by politicians in our region and beyond,” he said.
President Tinubu also responded to the recent decision by some ECOWAS-member states, under military rule, to float a so-called ‘Alliance of Sahel States’, describing it as distracting and emphasizing the commitment to pursuing ECOWAS integration.
“The phantom pushback Alliance appears intended to divert our attention from our mutual belief in and commitment to democracy and good governance that will impact the lives of our people.
“We refuse to be distracted from pursuing the collective dreams, aspirations, and the noble path of ECOWAS integration as it is laid out in our institutional and legal frameworks.
“I take this opportunity to also emphasize that despite the numerous challenges faced in our region, ECOWAS has achieved significant milestones for the betterment of our community.
“ECOWAS activities have always been people-oriented, with a future of raising the living standard of our people. We have to do that through a relentless focus on qualitative service delivery and good governance,” he added.
On the recent disturbances in Sierra Leone and Guinea Bissau, the ECOWAS Chairman asked fellow leaders to pay attention to protecting democracy, reiterating ECOWAS’ zero tolerance to unconstitutional changes of government.
“I urge all of us to stand strong and be highly committed in the face of any challenge in Sierra Leone and Guinea Bissau. The message must go down clearly that we support a democratically elected government, not an unconstitutional exercise.
“The re-elected president of Sierra Leone is present here. We are saying loud and clear that we are with you.
“Without let or hindrance, democracy will win, if we fight for it, and we will definitely fight for democracy,” the President stated.
International
Trump says he thinks Putin is helping Iran
“I think he might be helping them a bit, yeah.”“I guess, and he probably thinks we’re helping Ukraine, right?”
President Donald Trump on Friday said he believed that Russian leader Vladimir Putin is helping Iran in its war against the United States and Israel.
According to CNBC, Trump’s comment came in a radio interview with Fox News host Brian Kilmeade, and a week after the president lashed out at Fox News reporter Peter Doocy for asking him at the White House about reports that Russia was aiding Iran.
Kilmeade asked Trump on Friday: “You think Putin is helping them?”
Trump replied, “I think he might be helping them a bit, yeah.”“I guess, and he probably thinks we’re helping Ukraine, right?” Trump continued.
“Yeah, we’re helping them also,” Trump said, referring to Ukraine, which has been at war against Russia since being invaded in early 2022.
“So he [Putin] says that, and China would say the same thing, you know,” Trump told Kilmeade.
“It’s like, ‘Hey, they do it, and we do it, in all fairness,’ ” Trump said. “They do it, and we do it.”
International
IEA agrees to release record 400 million barrels of oil to address Iran war supply disruptions
The IEA did not set out a timeline for when the stocks would hit the market
Merchant ship on fire hits by Iran in Strait of Hormuz.
The International Energy Agency on Wednesday agreed to release 400 million barrels of oil to address the supply disruption triggered by the Iran war, the largest such action in the organization’s history.
The IEA did not set out a timeline for when the stocks would hit the market.
It said that the reserves would be released over a time frame that is appropriate to the circumstances of each of its 32 member countries.
IEA members are primarily advanced economies in Europe, North America and northeast Asia. The organization is tasked with maintaining global energy security.
It was founded in 1974 in response to the oil embargo imposed by Arab producers over U.S. support for Israel during the 1973 Arab-Israeli war.
(CNBC)
International
Iran tells world to get ready for oil at $200 a barrel as it fires on merchant ships
The war unleashed with joint U.S. and Israeli air strikes nearly two weeks ago has so far killed around 2,000 people, mostly Iranians and Lebanese, as it has spread into Lebanon and thrown global energy markets and transport into chaos.
(REUTERS): Iran said the world should be ready for oil at $200 a barrel as its forces hit merchant ships on Wednesday and the International Energy Agency recommended a massive release of strategic reserves to dampen one of the worst oil shocks since the 1970s.
The war unleashed with joint U.S. and Israeli air strikes nearly two weeks ago has so far killed around 2,000 people, mostly Iranians and Lebanese, as it has spread into Lebanon and thrown global energy markets and transport into chaos.
Despite what the Pentagon has described as the most intense airstrikes since the start of the war, Iran also fired at Israel and targets across the Middle East on Wednesday, demonstrating it can still fight back.
On Wednesday, three vessels were reported to have been hit in Gulf waters as Iran’s Revolutionary Guards said their forces had fired on ships in the Gulf that had disobeyed their orders.
While Israel’s Defence Minister Israel Katz said the operation “will continue without any time limit, as long as required, until we achieve all objectives and win the campaign,” Trump suggested the campaign would not last much longer.
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