Connect with us

News

Sanctions ‘ll disrupt global food, energy markets – Putin

Published

on

Russian President Vladimir Putin warned Thursday that Western penalties against Moscow for its military incursion in Ukraine would destabilise the global energy and food markets and vowed the country would emerge stronger from the crisis.

Putin’s “special military operation” in Ukraine that began on February 24 has triggered unprecedented Western sanctions and sparked an exodus of international corporations from Russia.

Putin on Thursday however downplayed the massive sanctions, saying Moscow will find a way to “adapt”.

Speaking at a televised government meeting on the 15th day of Moscow’s advance into Ukraine, Putin said that Western sanctions on Moscow had begun to hurt the United States and Europe.

“Their prices are rising, but that’s not our fault. It’s the result of their own miscalculations. There’s no need to blame us,” Putin said.

While the 69-year-old Kremlin chief said Moscow was continuing to export oil and gas, including through conflict-torn Ukraine, he blamed the West for sky-rocketing energy prices.

“They are telling their citizens to tighten their belts, to dress warmer,” Putin said.

He stressed that Russia was “respecting all of our obligations in terms of energy supplies.”

Putin scoffed at Washington for what he said were their efforts to sign energy contracts with Western adversaries Iran and Venezuela.

He also warned that the Western penalties could send global food prices soaring, as Russia was one of the world’s main producers of fertiliser.

“If they continue to create problems for the financing and logistics of the delivery of our (fertiliser) goods, then prices will rise and this will affect the final product, food products,” he said.

European wholesale gas and crude oil have rocketed to record, or near-record prices this week due to supply fears linked to Putin’s decision to pour tens ot thousands of troops into Ukraine on February 24.

The United States and Britain announced this week they were cutting off Russian energy imports in response to what the Kremlin has termed Moscow’s “special military operation,” triggering another surge in prices.

‘We’ll adapt’

The Russian leader also sought to calm Russians amid fears of shortages of food and medicines.

He acknowledged that Russians may be worried about an interruption of supplies but claimed there was nothing the Kremlin could not solve.

“It is clear that in such moments people’s demands for certain categories of goods always increase, but we have no doubt that we will solve these problems in due course in a calm way and gradually people will find their way,” Putin said.

He said he believed Russians would “understand that there are no events that we cannot solve, they simply do not exist.”

He argued that the current crisis would make the country stronger.

“At the end of the day, all of this will lead to the increase of our independence, autonomy and sovereignty,” Putin said.

Putin, a former KGB officer, said that Moscow’s Soviet experience will help Russians adapt, claiming that Russia has “always” lived under sanctions.

“We will get through this period,” he said, calling for the country to “adapt to the new situation.”

Putin also said that the remaining foreign investors in the country should be “protected”.

“The rights of those foreign investors and colleagues that are staying in Russia and working in Russia, should be reliably protected,” he told his ministers.

Putin launched the Ukraine incursion despite weeks of Western leaders warning him of unprecedented sanctions that would ruin the Russian economy if he did so.

 

Comments

News

Oseni distributes agric inputs to 7,000 farmers, says Tinubu deserves second term

Published

on

Thousands of farmers across Ibarapa East/Ido Federal Constituency of Oyo State received a major boost on Monday as the member representing the constituency in the House of Representatives, Engr. Aderemi Oseni, distributed agrochemicals, farm tools and other agricultural inputs to no fewer than 7,000 beneficiaries.

The intervention, aimed at boosting food production and cushioning the impact of rising production costs on farmers, is the latest in a series of agricultural support initiatives facilitated by the federal lawmaker to strengthen farming activities across the constituency.

Before the latest distribution, Oseni had supplied no fewer than six trailers of fertiliser to farmers in Ibarapa East and Ido Local Government Areas to improve crop yields, enhance productivity and support increased agricultural output.

Speaking during the distribution programme held in Ibadan, the All Progressives Congress chieftain said the initiative aligned with President Bola Tinubu’s Renewed Hope Agenda, particularly its commitment to tackling hunger, enhancing food security and improving the livelihoods of Nigerians through increased agricultural production.

‎According to him, the intervention is designed to encourage more people to embrace farming, expand cultivation and contribute meaningfully to national food production.

‎”About 7,000 people are benefiting from today’s empowerment programme. The essence is to continue encouraging farmers within the federal constituency by providing them with the necessary support to improve their productivity,” Oseni said.

‎He stressed that sustained investment in agriculture remained critical to addressing food shortages, reducing the cost of food and strengthening the nation’s economy, noting that agriculture continues to be one of the most viable pathways to sustainable economic growth and national development.

‎The Chairman of the House of Representatives Committee on the Federal Roads Maintenance Agency (FERMA) explained that the earlier distribution of six trailers of fertiliser, the current supply of agricultural inputs and the rehabilitation of rural roads were all part of a comprehensive strategy to improve farming activities and ensure that farmers had the resources and infrastructure required to maximise production during the farming season.

‎He noted that improving access to quality farm inputs, alongside better rural road networks, would enable farmers to cultivate larger portions of land, transport their produce more easily and ultimately increase food availability across the country.

Oseni also expressed confidence that President Bola Tinubu would secure a second term in office in the 2027 presidential election.

According to him, the economic reforms and policy decisions introduced by the Tinubu administration have laid a solid foundation for economic recovery, infrastructure development and improved governance, making the President the preferred choice of many Nigerians ahead of the next general election.

‎”No opposition can stop Nigerians from re-electing President Bola Tinubu. Nigerians need a God-fearing leader like him to continue the work of rebuilding the country.

‎”Since President Tinubu assumed office, fuel scarcity has become a thing of the past. States that previously struggled to pay workers’ salaries now do so more conveniently. Our tax system has been reformed, while road infrastructure and other development projects are expanding across the country,” he said.

‎The lawmaker further pledged to mobilise widespread grassroots support for the President through the Remi Oseni Committee of Friends (ROCOF), expressing confidence that the group would deliver one million votes for Tinubu in Oyo State during the 2027 presidential election.

‎He urged traditional rulers, community leaders, party faithful and other critical stakeholders to rally behind the President’s re-election bid, insisting that one term would not be sufficient to consolidate the reforms already initiated by the current administration.

Oseni also appealed to eligible Nigerians who were yet to register or collect their Permanent Voter Cards to do so ahead of the 2027 general election.

‎He encouraged citizens to participate actively in the electoral process and support President Tinubu and candidates of the All Progressives Congress, saying continued support for the administration would ensure the consolidation of ongoing reforms and accelerate national development.

Earlier in his remarks, the Onido of Ido, Oba Gbolagade Babalola, commended the lawmaker for the initiative, describing it as a timely intervention that would significantly support farmers and boost agricultural production in the constituency.

The monarch urged the beneficiaries to make judicious use of the farm inputs to maximise their productivity and improve their livelihoods.

Continue Reading

News

Ajimobi’s Legacy Still Guides Us, Oladele Urges Oyo APC Unity

Published

on

A chieftain of the All Progressives Congress in Oyo State and aspirant for the Irepo/Oorelope/Olorunsogo Federal Constituency seat in the 2027 general elections, Hon. Bosun Oladele, has called on members of the party and the wider progressive family in the state to embrace unity in order to preserve and advance the legacy of the late former Governor, Senator Abiola Ajimobi.

Oladele made the appeal on Thursday as political associates, loyalists and admirers marked the remembrance of the former governor, whose administration was widely associated with the popular slogan, “Koseleri.”

In a statement he personally issued,  the federal lawmaker hopeful described Ajimobi as a visionary leader whose passion for development transformed Oyo State and left an enduring footprint in its political history.

According to him, the annual remembrance of the late governor offers an opportunity for progressives to reflect on the ideals, discipline and commitment that defined Ajimobi’s leadership.

“It is that time of the year to remember the passion that once drove the developmental strides of the Pace Setter State, the centre of politics in Nigeria and a state renowned for many firsts,” Oladele said.

He noted that although the former governor had departed, his contributions to governance and public service remain fresh in the minds of many residents and party faithful.

“Oyo State still misses his sharp mind, problem-solving abilities, oratory prowess, focused leadership and developmental initiatives. His style of governance inspired confidence and demonstrated what purposeful leadership could achieve,” he stated.

Oladele stressed that Ajimobi’s legacy should continue to serve as a source of inspiration for members of the APC, urging them to close ranks and work towards a common goal.

“Even though he is gone, his legacy gives the progressive family in Oyo State hope that the future he envisioned for our dear state remains achievable through oneness and unity of purpose.

“I therefore call on all members of the APC and the progressive family at large to join hands, put aside differences and work together towards winning future elections as part of efforts to actualise the developmental aspirations our departed leader had for Oyo State,” he added.

The APC stalwart also prayed for the repose of Ajimobi’s soul and sought divine strength for his family, particularly his widow, Ambassador Florence Ajimobi, as she continues to shoulder public and private responsibilities.

He expressed optimism that Oyo State would once again witness progressive governance driven by visionary leadership, inclusiveness and a shared commitment to the welfare of the people.

Continue Reading

News

Senate passes state police bill, governors to appoint CPs

Published

on

The Senate on Wednesday passed a bill seeking to amend the 1999 Constitution to establish state police services across the country, a major milestone in ongoing efforts to decentralise policing and tackle Nigeria’s worsening security challenges.

The proposed legislation introduces a dual policing framework comprising a Federal Police Service and State Police Services, effectively replacing the existing structure under which policing is exclusively controlled by the Federal Government through the Nigeria Police Force.

The bill was passed after Senate Leader, Opeyemi Bamidele, presented its general principles on the floor of the Red Chamber.

It subsequently scaled second reading, underwent a rigorous clause-by-clause consideration and was passed for third reading after securing the support of more than two-thirds of the senators.

A key provision of the constitutional amendment empowers governors to appoint Commissioners of Police for their respective states, subject to confirmation by the state Houses of Assembly.

Clause 17 of the bill provides that a State Police Service shall be headed by a Commissioner of Police appointed by the governor on the recommendation of the National Police Council and confirmed by the House of Assembly of the state.

The proposed law further defines the operational relationship between governors and state police commands, allowing governors to issue lawful written directives of a general policy nature to Commissioners of Police on matters relating to the maintenance of public safety and order within their states.

To address widespread concerns over possible abuse of the proposed policing structure, lawmakers incorporated safeguards aimed at protecting political freedoms and civil liberties.

The bill expressly states that a state Commissioner of Police shall not arrest, detain, investigate or deploy force against any individual, political party or group merely for criticising the government, except in accordance with the law.

The provision is intended to prevent state police formations from being used to intimidate political opponents, activists, journalists and other dissenting voices while ensuring that all actions taken conform with due process.

The amendment also empowers the Federal Police Service to temporarily intervene in the internal security affairs of a state where there is an actual or imminent breakdown of public order or public safety which the state police are unable or unwilling to contain.

Such intervention must be authorised in writing by the President, who is required to state the grounds, territorial scope, functions and duration of the operation.

The President must also notify the governor, the Speaker of the state House of Assembly, the National Police Council and the National Assembly within 48 hours of the commencement of the intervention.

The bill further provides that no federal intervention shall continue beyond a period to be prescribed by an Act of the National Assembly unless approved by a resolution of the Senate.

The Senate’s approval came barely a day after President Bola Tinubu transmitted the bill to the National Assembly as part of his administration’s efforts to reform Nigeria’s security architecture.

According to the President, the proposed amendment is designed to provide a legal framework for a dual policing structure that would allow states to establish and operate their own police services alongside the federal police.

Tinubu said the proposal is a critical component of ongoing efforts to reorganise the country’s policing system, enhance security and better protect citizens, adding that communities, municipalities and local government areas would play more active roles in policing responsibilities under the new arrangement.

The renewed push for state police comes amid growing concerns over insecurity, banditry and mass kidnappings across parts of the country.

Supporters of the proposal argue that decentralised policing would strengthen grassroots intelligence gathering, deepen community-based security initiatives and ensure quicker responses to crimes and emergencies.

Critics, however, have cautioned against possible political interference by governors, funding challenges and the risk of exacerbating ethnic or communal tensions.

Tinubu had earlier described state police as inevitable in addressing the nation’s security challenges and urged lawmakers to fast-track constitutional amendments aimed at bringing the proposal to fruition.

Continue Reading

Advertisement

Entertainment

Advertisement

MegaIcon Magazine Facebook Page

Advertisement

MEGAICON TV

Advertisement

Trending