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

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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

Uganda’s President Museveni sworn in for seventh term

Museveni, born 1944 in Mbarra district area of Uganda has served as president since 1986.

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Yoweri Museveni has been sworn in for his seventh term as President of Uganda on May 12, 2026, at the Kololo Independence Grounds in Kampala, following his victory in the January 2026 elections.

Museveni won with 71.65 percent of the vote, defeating his main challenger, 43-year-old Bobi Wine, who received 24.72 percent of the vote, according to the official results.

The 81-year-old leader took his oath for another five-year term, continuing his tenure as one of Africa’s longest-serving leaders.

Museveni, born 1944 in Mbarra district area of Uganda has served as president since 1986.

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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.

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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.

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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.

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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.

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