News
Don’t worry about inflation, I will bring it down, Tinubu appeals to Nigerians
Don’t worry about inflation, I will bring it down, Tinubu appeals to Nigerians
President Bola Tinubu has stated that, while he does not possess a magic wand, his administration will address the economic difficulties that the citizens face.
Tinubu made the remarks while hosting the leadership of the All Progressives Congress (APC) Presidential Campaign Council for the 2024 Ramadan Iftar at the State House on Wednesday.
The country’s inflation rate has been steadily increasing since the Tinubu administration eliminated the petrol subsidy scheme and harmonized the currency rate in 2023.
In its latest report, the National Bureau of Statistics (NBS) said inflation rose to 31.7 percent in February 2024 — up from 29.9 percent in the previous month.
The president also said the country’s capacity to generate revenue is getting better.
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“It is the hard job that you promised the people of Nigeria when you were campaigning for me, you promised them a good result. Didn’t you? That is it! I have to work for it. No magic wand,” he said.
“I campaigned on hope, I have to rest on that hope, and push for that hope for the joy of everyone of us.
“The economy is looking good. Don’t worry about that… we know we have the challenge of inflation, it is okay, we will bring it down.
“We are reengineering, our revenue is getting better.”
The president said Nigeria is regaining its respect and sovereignty around the world.
“Not that we have to go there and hire them to do the job for us, we are doing it ourselves. Whatever is happening to us, we have to solve it by ourselves,” he said.
“It is your effort, your thinking, your resourcefulness, your investment, your dedication and hard work that can only get us there.”
Don’t worry about inflation, I will bring it down, Tinubu appeals to Nigerians
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Community
Monarch Dies Shortly After Being Rescued From Kwara Kidnappers
The Onigbesi of Igbesi Land in Kwara State, Oba Moses Oyinloye Iwedunmoye I, has died days after he was rescued from kidnappers.
The monarch passed away in the early hours of Saturday at a hospital, according to his son, Prince Olasunkanmi, who said his father had been receiving treatment following a brief illness.
“Yes, the news is true. He died after a brief illness following his release. We took him to the hospital, hoping he would survive, but he died there very early this morning,” Olasunkanmi said.
Oba Iwedunmoye was abducted on August 22 when armed men invaded Igbesi community in Isin Local Government Area.
He regained his freedom five days later after security forces launched an operation around the Elerin/Ijomu-Oro area, where three kidnapped victims were found.
The rescue followed a report received at the Oro Police Station from a vigilante member, who alerted authorities after one of his colleagues was shot while operating in the bush.
A combined team of police officers, soldiers and vigilantes was subsequently deployed to the area.
Police said the suspected kidnappers engaged the team in a gun battle after spotting the advancing operatives. One alleged kidnapper was killed during the exchange, while others escaped into the surrounding area.
The security team continued the search and eventually located the three victims, who were evacuated for medical treatment.
News of the monarch’s death was announced by Bisi Fakayode, National President of Omo Ibile Igbomina, who mourned the traditional ruler and prayed for the repose of his soul.
The circumstances surrounding the monarch’s illness and death have not been publicly disclosed beyond his family’s account that he fell ill after his release.
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News
Police Arrest Woman Over Alleged Drug Trafficking in Delta
Police Arrest Woman Over Alleged Drug Trafficking in Delta
A 40-year-old woman, Joy Anthony, has been arrested by the Delta State Police Command over alleged involvement in the illegal drug trade.
Police said operatives attached to the Special Anti-Kidnapping Unit carried out the arrest in Agbor, Ika South Local Government Area, following intelligence received about suspected drug-related activities.
According to the command’s spokesperson, Bright Edafe, officers subsequently obtained and executed a search warrant at Anthony’s residence in Agbor-Obi.
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The search reportedly resulted in the recovery of several suspected illicit substances, including tramadol, codeine, swinol, Canadian loud and weeds suspected to be Indian hemp.
The suspect and the recovered exhibits have been taken into police custody as investigators continue to establish the circumstances surrounding the alleged offence.
Edafe said Anthony would be prosecuted after the investigation is completed.
Police have not disclosed the exact quantities of the substances recovered.
Police Arrest Woman Over Alleged Drug Trafficking in Delta
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News
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