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Sanctions ‘ll disrupt global food, energy markets – Putin

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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.

 

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Police arrest man for fake kidnapping, banditry video in Ogun

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The Ogun State Police Command has arrested a man, Johnson Elleh, for allegedly producing and circulating a viral video falsely claiming the presence of kidnapping and banditry activities along the Owode-Idiroko axis of the state.

The command said preliminary findings showed that the suspect deliberately fabricated and shared the misleading content to attract public attention and generate online engagement.

The state Police Public Relations Officer, Oluseyi Babaseyi, disclosed this in a statement issued on Thursday and made available to journalists in Abeokuta.

According to Babaseyi, the command immediately launched an investigation after the video surfaced online, subjecting its contents to scrutiny to verify the claims.

He said the findings revealed that the video was false, misleading, and intentionally crafted to trigger fear, panic, and anxiety among residents.

“Findings revealed that the video was false, misleading, and deliberately designed to create fear, panic, and anxiety among members of the public,” the statement read.

The police spokesperson stated that extensive verification further confirmed that no incident of kidnapping or banditry occurred in the Owode-Idiroko corridor or surrounding communities as portrayed in the viral clip.

He added that detectives later identified the suspect after discovering that he featured in the video, leading to his arrest.

“Further investigation revealed that the suspect was featured in the video and was subsequently identified by detectives, leading to his arrest,” Babaseyi stated.

He explained that the suspect’s action was capable of causing unnecessary public tension, disrupting social order, and eroding confidence in the state’s security system.

“During the course of the investigation, the suspect reportedly confessed to intentionally creating and disseminating the misleading content to generate online engagement and public reaction,” he added.

While noting that investigation into the matter was ongoing, the command said Elleh would be charged to court at the conclusion of the probe.

The police command strongly condemned the spread of fake news, false security alerts, and other forms of misinformation capable of creating fear and confusion among law-abiding citizens.

It warned individuals and groups against publishing, recirculating, or disseminating unverified security-related information, stressing that such acts threaten public peace and would attract legal consequences.

“The Command will continue to identify, arrest, investigate, and prosecute all persons found culpable, irrespective of status or motive,” the statement added.

The police, however, reassured residents that Ogun remained safe, peaceful, and secure, urging them to remain calm and rely only on verified information released through official channels.

“The Command remains steadfast in its commitment to protecting lives and property and maintaining public order across the state,” Babaseyi concluded.

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Oseni mourns ex-Oyo lawmaker Akeem ‘Able’, says Oyo APC has lost loyal progressive

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The lawmaker representing Ibarapa East/Ido Federal Constituency in the House of Representatives, Engr. Aderemi Oseni, has mourned the death of a chieftain of the All Progressives Congress (APC) in Oyo State and former member of the Oyo State House of Assembly, Hon. Akeem Abimbola Oladipupo, popularly known as Able, describing his demise as a painful loss to the progressive family.

Oladipupo, who represented Ibadan North-West Constituency in the Oyo State House of Assembly, was widely regarded as a grassroots politician and committed party loyalist until his passing.

Oseni, who is also the Chairman, House Committee on Federal Roads Maintenance Agency and the APC candidate for Oyo South Senatorial District, said the late politician’s death had created a vacuum within the party and among those who benefitted from his unwavering commitment to public service.

In a condolence statement issued on Monday by his Media Aide, Idowu Ayodele, and made available to journalists in Ibadan, the Oyo State capital, the federal lawmaker described the late Oladipupo as a dependable progressive, humble political actor and loyal party stalwart whose impact would remain indelible.

He said the deceased dedicated his life to serving humanity, strengthening the progressive movement and supporting the aspirations of many at the grassroots.

Oseni said, “The death of Hon. Akeem Abimbola Oladipupo (Able) came to me as a rude shock. Oyo State and the progressive family have indeed lost a committed, loyal and selfless leader whose passion for service, humility and dedication to the people stood him out.

“He was not just a politician but a bridge-builder, a dependable ally and a grassroots mobiliser who believed strongly in the ideals of our great party. His contributions to the growth of the APC in Oyo State and his service to humanity will remain unforgettable.”

The APC senatorial candidate noted that the late former lawmaker remained steadfast in promoting peace, unity and political development, adding that his simplicity and accessibility endeared him to many across political divides.

According to Oseni, the late politician’s legacy of service and sacrifice would continue to inspire younger politicians and party faithful.

He, however, urged members of the APC, associates and family members of the deceased to take solace in the remarkable life he lived and the positive impact he made during his lifetime.

Oseni also prayed for the repose of the deceased’s soul and for God to grant his family the fortitude to bear the painful loss.

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Governors Push N100,000 Minimum Wage to Ease Workers’ Economic Burden

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State governors have proposed a new national minimum wage of N100,000 for Nigerian workers as part of efforts to cushion them from the biting effects of inflation and the rising cost of living.

Governor AbdulRahman AbdulRazaq of Kwara State, who is also the Chairman of the Nigeria Governors’ Forum (NGF), disclosed the proposal on Saturday in a post by the state government’s official Facebook page. He said the move aims to improve workers’ welfare while ensuring that government finances remain sustainable.

“State governments recognise the urgent need to improve workers’ welfare in response to the current economic realities facing Nigerians,” AbdulRazaq said.

“We are actively engaging with the Federal Government and organised labour to arrive at a wage structure that is fair to workers and sustainable for government finances.”

The NGF chairman explained that ongoing discussions are focused on balancing the need to boost workers’ purchasing power with the capacity of governments to deliver essential public services and development projects.

“The goal is to improve the living conditions of workers while ensuring that states can continue to meet their obligations and sustain projects that directly impact citizens,” he added.

The proposed N100,000 minimum wage is expected to intensify national debates on salaries, inflation, and broader economic reforms as Nigerians continue to contend with rising food prices, transportation costs, and other living expenses.

Currently, Nigeria’s statutory minimum wage stands at N70,000 per month. Some states, including Lagos, Rivers, and Imo, are already paying above the national benchmark to support workers amid the country’s economic challenges.

Meanwhile, the Nigeria Labour Congress (NLC) has continued to call for a comprehensive review of salaries, insisting that workers deserve a living wage that reflects present-day economic realities rather than merely guaranteeing survival.

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