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Video: Nigeria’s Tinubu meets private sector executives over cost of living crisis

Published

8 months ago

February 26, 2024

In this video, President Bola Tinubu of Nigeria spoke with executives in the private sector about the nation’s rising cost of living and the steps being taken to solve it.

“The people of this country are only the people we have to please and we are very much concerned, from students to mothers, fathers, farmers, traders and realizing that everyone has to fetch water from the same well.

“We are looking additional efforts that might help the downtrodden Nigerians and we will provide that hope and assurance that the economic recovery is on its way. We are not saying that we have all the answers but we will not be blamed for not trying,” Tinubu said in the video.

Aliko Dangote, the richest man in Africa and the owner of Dangote Industries, along with businessmen, AbdulSamad Rabiu and Tony Elumelu, were in attendance.

Following the meeting, Mr. Dangote told reporters that “the economy, food security, and security of the nation” were the topics of discussion at the Presidential Villa in Abuja.

Nigeria is in the middle of its worst economic crisis in decades following the removal of subsidy on petrol and the floating of its currency. Its inflation is at a record high of 29.9℅. The situation has led to a surge in the cost of living and pressure on President Tinubu who came into power nine months ago.

Related Topics:Cost of Living Featured Nigeria

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Video: UN Security Council must be reformed to accommodate Africa—Ramaphosa

Published

4 days ago

October 7, 2024

Ifeoluwa Dada

In this video, South African President, Cyril Ramaphosa, during his speech at the just-concluded General Assembly of the United Nations, reiterated the call for a reform in the structure of the international organization’s highest organ.

Ramaphosa called for African representation in the council, stressing the point of inclusiveness which is central to a democratic structure which the UN ought to represent.

“The UN Security Council should be a more representative body and inclusive, 78 years after its formation the structure of the UN remains unchanged… the UN sc must be reformed as a matter of urgency” Ramaphosa said.

The Security Council is tasked with maintaining international peace and security and has the power to impose sanctions, impose weapons embargoes, and use force.

When the UN was founded in 1945, there were eleven members of the Security Council. Five permanent veto-wielding nations (the US, Britain, China, Russia, and France) and 10 elected governments for two-year terms made up the membership, which increased to fifteen in 1965.

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Video: UN Chief Guterres wants more South-South cooperation

Published

1 month ago

September 10, 2024

Ifeoluwa Dada

In this video, the United Nations Secretary-General, Antonio Guterres, reacts in commemoration of the day for South-south cooperation in global relations.

He stressed that only through cooperation could developing countries, a category to which many African countries belong, secure multilateral support and realize shared prosperity.

The cooperation refers to an exchange of expertise between governments, organizations and individuals in developing nations. Through this model, the developing countries help and support each other with knowledge, technical assistance, and/or investments.

Watch the video below: