NEWS
CSOs to engage NASS on passage of Fiscal Responsibility Act

A group of Civil Society Organisations (CSOs) say it will engage the 10th National Assembly (NASS) to see to the passage of the Fiscal Responsibility Act (FRA) as a strong measure to bring sanity to the fiscal space.
Mrs Regina Udo, the Project Manager, Growth Initiatives for Fiscal Transparency (GIFT), said this in a statement in Abuja on Friday
She decried Nigeria’s public debt profile of N87 trillion, describing it as unsustainable and a clarion call to reform the public finance management system.
She called on the Federal and State Governments to institute urgent measures to cut waste, inefficiencies and corruption to save the country from collapse.
According to her, the huge public debt profile has been encouraged by a weak revenue mobilisation, poor remittance culture and corruption in public expenditure.
She said citizens and stakeholders across public, private and non-governmental sectors would be mobilised to address the failing fiscal health of the nation.
She said the group would also advocate for implementing the FRA 2007 Act at the national and sub-national levels, especially as it relate to debt management and revenue remittances to government coffers.
She said the group would build on some of the gains recorded in the first year of implementation which include providing technical support on public projects monitoring and evaluation.
This, she said, would be through the ConsTrack civic technology tool built and deployed by Order Paper.
“To achieve the advocacy goal of entrenching fiscal responsibility in the public sphere, the GIFT project would be implementing several activities which are designed to impact change.
According to her, this is by working with national assembly to ensure passage of the FRA amendment bill and enforce extant provisions relating to debt and borrowing by states and federal governments.
She said the group would also embark on intensive citizen engagement activities to sensitise the general public on the need to demand transparency and accountability from the government.
Foreign News
French Butchers’ shops Closed After Child Dies of Rare Illness

Authorities in northern France have shut two butcher’s shops after several children were hospitalised and one died from a rare illness thought to be linked to infected meat products.
Investigators found that most of the children had eaten meat from the shops in Saint-Quentin, the prefecture announced on Friday.
The children aged between one and 12, eight children from the town of 53,000 inhabitants and surrounding area were hospitalised in the past week with severe diarrhoea.
Five developed haemolytic uraemic syndrome (HUS), a rare form of acute kidney failure, from which a 12-year-old child has died.
HUS usually occurs in children as a result of an intestinal infection, it leads to the formation of blood clots that block the brain, heart and kidneys in particular.
Up to 165 cases of children with HUS syndrome are documented in France each year.
The authorities urged residents not to consume meat products bought in the closed shops until laboratory tests have proven the cause of the illness beyond doubt.(dpa/NAN)
Foreign News
Over 650 Die in Iran After First Week of Israeli strikes

More than 650 people have been killed in Iran following a massive Israeli bombing campaign launched a week ago, an activist group said on Friday.
The U.S.-based Human Rights Activists News Agency (HRANA) reported that 657 people have died and 2,037 have been injured in the nationwide airstrikes.
The Iranian government does not publish daily figures on casualties.
HRANA relies on a broad network of informants and publicly available sources.
The group said the dead include at least 263 civilians and 164 members of the military.
Another 230 fatalities remain unidentified.
The network also reported damage to civilian infrastructure, including a projectile striking a children’s hospital in Tehran, which did not result in any injuries.
In the western province of Ilam, a fire station was damaged, HRANA said, while an Israeli attack on a car factory in western Iran triggered a large fire.
Israel maintains its objective is to prevent Iran from acquiring nuclear weapons, which it considers an existential threat. (dpa/NAN)
Education
NDIC Urges Youths To Shun Cybercrime, Embrace Financial Discipline

The Nigeria Deposit Insurance Corporation (NDIC) has advised youths to steer clear of cybercrimes and embrace legitimate sources of income to secure their future.
Mr Adefemi Shaba, NDIC Port Harcourt Zonal Controller, gave the remark on Friday while addressing over 300 students at the 2025 Financial Literacy Day held at Community Secondary School Okoro-Nu-Odo, Rumuagholu, Obio/Akpo area of Rivers.
The theme of the event was “Think Before You Follow, Wish Money for Tomorrow.
”Shaba emphasised the need for students to reject the ‘get-rich-quick’ mentality, saying that they should invest their time in productive and meaningful ventures that would secure their future.
According to him, cybercrime and other unlawful means of making money are destructive to progress, that must be avoided at all costs.
He explained that NDIC, in collaboration with the Central Bank of Nigeria (CBN), monitored and supervised banks to ensure safe and sound banking practices.
“NDIC is mandated to protect depositors’ funds, maintain stability within the financial system, guarantee bank deposit liabilities, and protect an efficient and effective payment system.
“This is why we are here – to educate students on managing their finances, saving, and investing for the future,” he stated.
Also speaking, Mr Alfred Ijah, Senior Manager, Communication and Public Affairs, NDIC, described the lack of financial literacy as a key challenge affecting the nation’s financial institutions.
He encouraged students to work hard, earn legitimately, and develop sound financial habits.
“It is important to cultivate the habit of saving, investing wisely, spending responsibly, and helping those in need.
“Making money through internet fraud, theft, or gambling is illegal. Money made through such means lacks legitimacy and is difficult to preserve or manage,” Ijah said.
Mr Peter Njoku, Assistant Director, Rivers State Ministry of Education, commended NDIC for selecting the state to host this year’s Financial Literacy Day.
Njoku, who represented the state government, stressed the critical importance of equipping young people with the knowledge of financial planning and long-term financial viability.
He urged students to apply the knowledge gained to improve their lives and grow into responsible citizens.
“Youths engaging in internet fraud require proper re-orientation, as cyber fraud is no different from stealing or robbery.
“They must desist, because every day is for the thief, but one day is for the owner of the house.
“If they persist, it will only lead to ruin, destroying their future and potential,” he concluded. (NAN)