ABUJA, Nigeria: Nigeria’s President Bola Tinubu on Monday announced economic measures to ease growing hardship in Africa’s most populous country as labor unions threatened protests to demand more action.
Several government policies introduced by Tinubu since he took office in May have further squeezed millions of Nigerians. The government ended decades-long gasoline subsidies that Tinubu said favored the rich, but the decision has more than doubled the price of gas, causing a sharp spike in prices of food and other essential commodities.
In a state broadcast late Monday, the Nigerian leader said he understands that Nigeria’s economy is going through a “tough patch” but added the government has saved more than one trillion naira ($1.16 billion) since the subsidy was scrapped in late May. Past funds for the subsidies were “being funneled into the deep pockets and lavish bank accounts of a selected group of individuals,” he added.
“What I can offer immediately is to reduce the burden our current economic situation has imposed on all of us,” the Nigerian leader said as he announced incentives and credit facilities for businesses many of which would be implemented over the next year.
The hardship has squeezed many in the country of more than 210 million people which already had been struggling with record inflation and poverty rates. Many businesses have shut down and more Nigerians are trekking to work, unable to afford increasing transport fares.
While the doctors in Nigerian hospitals have embarked on strike to demand better welfare, Nigeria’s labor unions said they will hold protests on Wednesday to demand more actions from the government and improved social welfare programs for their members, most of whom they said now spend at least 70 percent of their salaries on transportation.
Tinubu admitted the government was not fast enough in introducing measures to cushion the effect of the subsidy removal and requested more patience from citizens.
“The federal government is working closely with states and local governments to implement interventions that will cushion the pains,” he said.
Some of the interventions, according to Tinubu, include the provision of one billion naira ($1.16 million) credit to each of 75 manufacturing companies over the next year and the provision of 125 billion naira ($145 million) in the form of grants and loans to small, medium-sized enterprises and other businesses in the informal sector.
The Nigerian leader said he has ordered the release of 200,000 metric tons of grains to households across the country to help stabilize the price of food while 225,000 metric tons of fertilizer, seedlings and other inputs are being provided to farmers. At least 200 billion naira ($232 million) would also be invested in agriculture to boost farming, he said.
Tinubu also said the government is continuing to negotiate a new salary structure with civil servants.
Nigerian leader has announced economic measures to ease hardship as labor unions threaten protests
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Nigerian leader has announced economic measures to ease hardship as labor unions threaten protests
- Several government policies introduced by Tinubu since he took office in May have further squeezed millions of Nigerians
US Republicans eye two-step Trump legislative agenda
WASHINGTON: Republicans in the US Congress are discussing a two-step plan to push ahead on President-elect Donald Trump’s agenda when they take control of both chambers next year, potentially starting with border security, energy and defense before turning to tax cuts.
Incoming Senate Majority Leader John Thune, whose Republicans will hold a 53-47 majority, laid out a plan in a closed-door party meeting on Tuesday that included a call from Trump himself. It aims to use a parliamentary maneuver to bypass the chamber’s “filibuster” rule that requires 60 senators to agree to advance most legislation.
According to the Senate plan, the first bill would focus on Trump’s agenda for border security, energy deregulation and defense spending, while the second would extend tax cuts from the 2017 Tax Cuts and Jobs Act passed during the first Trump presidency, which are due to expire next year.
Thune told reporters that the plan amounted to “options, all of which our members are considering.”
To enact Trump’s agenda, the Senate will have to work closely with the president-elect and the House of Representatives, which is expected to have a razor-thin Republican majority.
“We were always planning to do reconciliation in two packages. So we’re discussing right now how to allocate the various provisions, and we’re making those decisions over the next couple of days,” said House Speaker Mike Johnson, who joined Senate Republicans at their meeting.
“There are different ideas on what to put in the first package and what in the second, and we’re trying to build consensus around those ideas,” Johnson told reporters.
The speaker also said that he believes Congress in coming weeks will pursue a continuing resolution, or CR, that would fund federal agencies into March. Current funding is set to expire on Dec. 20.
Before moving a first reconciliation bill, the House and Senate will need to agree on a budget resolution to unlock the “reconciliation” tool they plan to use to bypass the filibuster. Aides said senators hope to do that by the end of January and then move quickly to complete the first bill by March 31.
“We have the trifecta for two years. About 18 months is all we’re really going to have to really get things done,” Republican Senator Mike Rounds told reporters.
Democrats also leaned heavily on reconciliation to pass legislation when they held control of both chambers during the first two years of President Joe Biden’s term.
Republican Senator Rand Paul, a fiscal hawk, raised concerns about the plan’s cost.
“This is not a fiscally conservative notion,” Paul said. “So at this point, I’m not for it, unless there are significant spending cuts attached.”
Extending Trump’s tax cuts for individuals and small businesses will add $4 trillion to the current $36 trillion in total US debt over 10 years.
Trump also promised voters generous new tax breaks, including ending taxes on Social Security, overtime and tip income and restoring deductions for car loan interest.
The tab is likely to reach $7.75 trillion above the CBO baseline over 10 years, according to the Committee for a Responsible Federal Budget, a non-partisan fiscal watchdog group.
Russia’s UN envoy accuses Ukraine of aiding militants in Syria
- Militants fighting with radical group Hayat Tahrir Al-Sham (HTS) “have not only not concealed the fact that they are supported by Ukraine, but they are also openly flaunting this,” Vassily Nebenzia told the Security Council
UNITED NATIONS, United States: Russia’s ambassador to the United Nations on Tuesday accused Ukrainian intelligence services of aiding militants fighting Syrian leader Bashar Assad’s government, saying some fighters were “openly flaunting” the association.
Militants fighting with radical group Hayat Tahrir Al-Sham (HTS) “have not only not concealed the fact that they are supported by Ukraine, but they are also openly flaunting this,” Vassily Nebenzia told the Security Council, saying there was an “identifiable trail” showing Ukraine’s GUR was “providing weapons to fighters” in northwest Syria.
Trump urges judge to dismiss hush money case due to election victory
- Trump’s lawyers argue having the case loom over his four-year presidential term that begins on Jan. 20 would cause “unconstitutional impediments” to the Republican businessman-turned-politician’s ability to govern
NEW YORK: Donald Trump on Tuesday asked a New York state judge to dismiss the criminal case in which he was convicted in May of 34 felony counts involving hush money paid to a porn star in light of his victory in the Nov. 5 US presidential election.
Justice Juan Merchan last month delayed Trump’s previously scheduled Nov. 26 sentencing indefinitely to give him the chance to seek dismissal. Trump’s lawyers argue having the case loom over his four-year presidential term that begins on Jan. 20 would cause “unconstitutional impediments” to the Republican businessman-turned-politician’s ability to govern.
Prosecutors with Manhattan District Attorney Alvin Bragg’s office supported delaying the sentencing to give Trump the chance to make his case for dismissal, though they said they would oppose that bid. The prosecutors have until Dec. 9 to respond.
The judge has not indicated when he would rule on Trump’s motion to dismiss, and has not set a new date for sentencing. Bragg’s office has suggested he defer all proceedings in the case until Trump, 78, leaves the White House in 2029.
The New York case stemmed from a $130,000 payment Trump’s former lawyer Michael Cohen made to adult film actress Stormy Daniels for her silence before the 2016 election about a sexual encounter she has said she had a decade earlier with Trump, who denies it.
A Manhattan jury found Trump guilty of falsifying business records to cover up his reimbursement of Cohen. It was the first time a US president — former or sitting — had been convicted of or charged with a criminal offense.
Trump pleaded not guilty in the case, which he has sought to portray as a politically motivated attempt by Bragg, a Democrat, to interfere with his presidential campaign.
Falsification of business records is punishable by up to four years in prison. Before he was elected, experts said it was unlikely — but not impossible — that Trump would face time behind bars, with punishments such as a fine or probation seen as more likely.
Trump’s victory over Democratic Vice President Kamala Harris in the Nov. 5 election made the prospect of imposing a sentence of jail or probation even more politically fraught and impractical, given that a sentence could have impeded his ability to conduct the duties of the presidency.
Trump was charged in three additional state and federal criminal cases in 2023, one involving classified documents he kept after leaving office and two others involving his efforts to overturn his 2020 election loss.
He pleaded not guilty in all three cases. None have gone to trial.
A Washington judge on Nov. 25 dismissed the federal criminal case over his attempts to hold onto power. Prosecutors had moved to drop both that case and the classified documents case due to a Justice Department policy against prosecuting a sitting president.
Trump also faces state criminal charges in Georgia over his bid to reverse his 2020 loss in that state, but that case remains in limbo.
As president, Trump would have no power to shut down the New York or Georgia cases because they were filed in state courts.
Trump in November nominated his defense lawyers in the hush money case, Todd Blanche and Emil Bove, to serve senior roles at the Justice Department during his administration.
Spain’s Canary Islands break migrant record in 2024
MADRID: The number of migrants arriving in Spain’s Canary Islands by boat from West Africa hit a new annual record in 2024 for the second year in a row, official data showed on Tuesday.
With controls tightening in the Mediterranean, the Canaries route has become a favorite for people fleeing poverty and conflict in Africa, mostly on overcrowded, barely seaworthy vessels and without sufficient drinking water.
A total of 41,425 migrants entered the seven islands located in the Atlantic off the northwestern coast of Africa between Jan. 1 and Nov. 30, Interior Ministry data showed.
With one month of 2024 still to go, that is already more than the previous record of 39,910 migrants who arrived in the archipelago of 2.2 million people during all of 2023, a level that smashed the old mark set in 2006.
So far this year, a total of 610 boats carrying migrants have managed to arrive in the Canaries, up from 530 during all of 2023.
The regional government of the Canaries says it is overwhelmed, and Socialist Prime Minister Pedro Sanchez in August went on a tour of West African countries in a bid to boost local efforts to curb illegal migration from Mauritania, Senegal and the Gambia, the main departure points for migrant boats headed to the archipelago.
Chinese man arrested in US for smuggling arms to N.Korea
- The Justice Department said law enforcement seized two devices in August at Wen’s home that he planned to send to the North — a chemical threat identification device and a hand-held broadband receiver that detects eavesdropping devices
LOS ANGELES, United States: A Chinese man was arrested in California on Tuesday for allegedly exporting guns and ammunition to North Korea, the Justice Department said.
Shenghua Wen, 41, who was living illegally in the United States after overstaying his student visa, is charged with violating long-standing US sanctions against North Korea.
Wen and unidentified co-conspirators allegedly concealed firearms and ammunition inside shipping containers that were shipped from Long Beach, California through Hong Kong to North Korea.
The Justice Department said law enforcement seized two devices in August at Wen’s home that he planned to send to the North — a chemical threat identification device and a hand-held broadband receiver that detects eavesdropping devices.
In September, law enforcement seized 50,000 rounds of 9mm ammunition that Wen allegedly obtained to send to North Korea, the department said.
Wen also attempted to obtain a civilian plane engine from a US-based broker, it said.
He faces up to 20 years in prison for conspiracy to violate US sanctions laws.
