Connect with us

International

PARIS SUMMIT: Africa Remains Centrepiece of Nigeria’s Economic, Foreign Policy – President Tinubu

Published

on

379 Views

Nigerian President, Bola Ahmed Tinubu has on Friday in Paris-France said Nigeria will sustain its spotlight on African countries as the fulcrum of its policies on economy and foreign policy, assuring that trade issues, security and border controls will be mutually implemented.

While receiving the President of Benin Republic, Patrice Talon, after the Summit on New Global Financing Pact, President Tinubu noted that bilateral relations with African countries, particularly at the sub-regional level will be enhanced for shared benefits in areas of security, health, energy, education and diplomacy.

Tinubu said: “We are ready to improve relations. Africa has been the centrepiece of Nigeria’s foreign policy,” he said.

“I believe in Africa. We have the necessity to grow the continent. The world’s economy is wobbling, and Africa has been left behind. On risk factors, Africa is always placed high, with higher interest rates on borrowing. We are always classified as high risk. We must work together for systematic recovery and growth,” he added.

President Tinubu described Nigeria’s relations with Benin as that of siamese twins, joined at the hips, and supported by other friendly countries.

“We must recognise the fact that we need each other. We are in a loop and no one should separate us, ” he stated, assuring that his administration will always be open and accessible to all neighbouring countries.

“I just appointed someone who will work with you as Comptroller General of Customs, Adewale Bashir Adeniyi, and he will be available for our common interest,” the President noted.

The President of Benin said he was inspired with renewed hope for the sub-region and Africa at the inauguration of President Tinubu in Abuja, pledging to provide support on trade and security policy, especially at the borders.

“We are prepared to work with you, Your Excellency, in implementing policies that will protect our economies at land and sea entries. Whatever is forbidden in Nigeria will also be forbidden in Benin,” Talon added.

President Tinubu also had bilateral meetings with Swiss President, Alain Berset, and President of the African Development Bank, Dr Akinwunmi Adesina.

International

South Korea giving 36 million people cash to ease rising fuel prices

A welfare ministry official, however, noted that eligibility will primarily be based on national health insurance payments.

Published

on

By

12 Views

• Image of South Korea flag

South Korea is set to roll out a second batch of cash assistance for the bottom 70 percent of income earners in an effort to ease financial strain caused by rising fuel prices amid the war in the Middle East.

According to officials on Monday, the National Assembly approved a 26.2 trillion-won (17.8 billion dollars) supplementary budget bill to address the economic fallout from the Middle East conflict, including the introduction of the cash assistance plan.

Under the first programme launched in April, the government handed out up to 600,000 won to recipients of basic livelihood security and other vulnerable groups.

The government will begin accepting applications next Monday for the second round of the assistance programme.

Eligible individuals living in the broader Seoul area will receive 100,000 won, while those in areas with declining populations may receive up to 250,000 won each.

Assistance eligibility will be determined by a household’s national health insurance payment in March this year.

For single-person households, those who paid 130,000 won or less will be eligible.In terms of annual income, a single-person household earning 43.4 million won or less per year is expected to qualify for the assistance programme.

A welfare ministry official, however, noted that eligibility will primarily be based on national health insurance payments.

Continue Reading

International

FG hails Elias’ election to UN International Law Commission

Elias emerged successful in a competitive election conducted to fill the vacancy created by the resignation of Kenya’s representative, Professor Phoebe Okowa. Candidates from Ghana and Botswana also contested the seat.

Published

on

By

52 Views

The Federal Government has hailed the election of Nigerian international legal expert, Taoheed Elias, into the United Nations International Law Commission during the commission’s 77th session held in Geneva.

Elias emerged successful in a competitive election conducted to fill the vacancy created by the resignation of Kenya’s representative, Professor Phoebe Okowa. Candidates from Ghana and Botswana also contested the seat.

In a statement issued on Thursday by the spokesperson for the Ministry of Foreign Affairs, Kimiebi Ebienfa, the government described the election as a recognition of Nigeria’s contributions to the development of international law and multilateral diplomacy.

The government said Elias brings decades of experience in international legal affairs to the commission, having previously served as Registrar of the International Residual Mechanism for Criminal Tribunals with the rank of United Nations Assistant Secretary-General.

Continue Reading

International

CNN’s founder, Ted Turner, dies at 87

Published

on

By

53 Views

CNN’s founder Ted Turner / AFP

Ted Turner, the flamboyant US entrepreneur who transformed television news with the creation of CNN in 1980, has died at the age of 87, the network said Wednesday.

The mustached southerner, yachting enthusiast and philanthropist, whose empire also included sports clubs, had been suffering from the degenerative disease Lewy Body Dementia.

Cable News Network upended established broadcasting with its dedication to around-the-clock breaking news and shot to global recognition with its coverage of the Gulf War in 1990-91.

The 24-hour network was the first in the United States to run non-stop news and quickly built a worldwide footprint.

Correspondents brought live coverage from major events ranging from the collapse of the Soviet Union to the Chinese crackdown on the Tiananmen Square protests.

CNN’s decision to keep reporters in Baghdad amid US bombing on the Iraqi capital cemented the network’s reputation as an indispensable source of breaking news.

Continue Reading

Trending