Today’s Headline:Tinubu has failed,don’t let him return-Obasanjo;Trump say Iran war effectively over

Today’s Headline:Tinubu has failed,don’t let him return-Obasanjo;Trump say Iran war effectively over

Former President Olusegun Obasanjo has blasted President Bola Tinubu over the state of the country, saying his government has failed Nigerians.

Obasanjo stated this on Monday while speaking at the 7.0 Presidential Youth Mentorship Retreat, themed ‘African Youth Renaissance’, at the Youth Development Centre, Olusegun Obasanjo Presidential Library, Abeokuta, Ogun State.

He stated that Tinubu’s incompetence has killed many businesses in the country.

The former President was reacting to the hardship facing Nigerians under the present government.

US President Donald Trump has declared war on Iran “effectively over” and played down concerns about escalating the war.

He said Tuesday at a White House Conference that there was “positive momentum” toward ending the war in Iran.

His comment came after a meeting with Qatar’s Prime Minister and top mediator, Mohammed Al Thani, in the Oval Office.

Mr Trump described the meeting as an “excellent conversation” about negotiations to end the war.

The Chairman of the Independent National Electoral Commission (INEC), Joash Amupitan, has defended the commission’s decision to retrain former Vice President, Atiku Abubakar, in its website as the presidential candidate of the African Democratic Congress (ADC) despite the court judgment disqualifying him from participating in the next year’s poll.

Amupitan, who gave the clearance while fielding questions from newsmen in Abuja, explained that since the commission is yet to receive the Certified True Copy (CTC) of the judgment, there will be no justification for removing his name from the list of candidates on its website.

According to him; “You were asking about the recent judgment of the Federal High Court in respect of the ADC case. As of today, I have not received a CTC of the judgment of the Federal High Court.”

We don’t just act on the basis of what is on the social media. I remember one of the judgments of the Supreme Court some time ago. Something was posted on the social media, it trended, and the Supreme Court disassociated itself from it. And even some people were being investigated.

Nigeria may spend nearly three-quarters of its federal government revenue on servicing debt by 2030. This raises germane concerns about the country’s ability to fund infrastructure and other essential services.

The Debt Management Office (DMO) made the projection in its 2024 Debt Sustainability Analysis report released on Monday.

According to the report, the country’s debt service-to-revenue ratio is expected to rise to 71.7 per cent by 2030 under the baseline scenario, exceeding the DMO’s recommended threshold of 50 per cent.

For clarity, the projection means that for every N100 generated by the federal government, about N72 could go towards paying interest and repaying borrowed money, leaving only N28 for other government responsibilities.

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Reported by News Hub Creator.

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