NEWS
Ikpeazu Promises Support for Victims of Cattle Market Attack
The Abia government, has promised to support the families of traders killed during last week’s attack at the new Omuma-Uzo Cattle Market.
Gov. Okezie Ikpeazu said this at Aba Governor’s Lodge when he received leaders of the Hausa Community in Aba, as well as Hausa leaders from Gombe and Adamawa.
This is contained in a statement by Mr Onyebuchi Ememankah, the Chief Press Secretary to the governor on Monday in Aba.
”The state government will provide some form of support for families of those who lost their lives during the attack and take care of the medical bills of the injured.
” The state government would also assist those whose livestock were killed to enable them carry on with their businesses,” Ikpeazu said.
He restated his administration’s commitment to the security and welfare of all residents, irrespective of tribe or religion.
Ikpeazu described the incident as unfortunate and condemnable, while commiserating with the families of the victims.
The governor said his administration accorded great priority to issues of peace and harmony.
“Because there cannot be any form of sustainable development in an unsecured environment.
”My administration’s peace philosophy is behind the decision to devise means of resolving conflicts between herdsmen and farmers in the state, through setting up a Conflict Resolution Committee,” he said.
Ikpeazu said that the same peace philosophy was behind government’s resolve to pay compensation to farmers or herdsmen who lost crops or cows, after proper assessment.
He said that he recognised the need for peaceful co-existence between the indigenes and businessmen from other states who were in the state to transact legitimate businesses.
”The security chiefs in the state are working tirelessly to fish out the perpetrators of that ugly incident, and they will not go unpunished.
”Every necessary step would be taken to avert future occurrences of such dastardly actions,” he said.
The governor advised members of the Hausa Community to feel free to interact with the people without fear, saying that his administration was capable of protecting their lives and property.
Ikpeazu further said that the attack affected not just Hausa traders, saying that some of the victims were Igbo people.
“The impression that only Hausa people were in the business of selling cows is wrong,” he said.
Earlier, the Chairman, Hausa Cattle Market, Alhaji Ibrahim Njidda, briefed the governor on the incident, recalling the cordial relationship that existed between Ikpeazu and the traders.
He appealed to the governor to assist the victims as well as relocate the market to a better secured location.
Mr Okey Kanu, the Executive Chairman, Ukwa West local government council said that the Hausa Community had hitherto enjoyed good relationship with the host community.
Kanu requested that security be fortified in the area. (NAN)
Education
FG Secures Coventry University Deal to Deliver UK Degrees in Nigeria
The Federal Government has secured a partnership with Coventry University under a Transnational Education (TNE) arrangement to establish a campus in Nigeria for the delivery of affordable, globally recognised degrees.
The Minister of Education, Dr Tunji Alausa, disclosed this in a statement issued recently in Abuja by Folasade Boriowo, Director of Press and Public Relations, Federal Ministry of Education.
Alausa, who is currently in the United Kingdom accompanying President Bola Tinubu, said he had engaged with UK university leadership, key investors, and development partners to drive the initiative.
He said the proposed campus would be located in Alaro City, Lagos State, and would offer Bachelor’s and Master’s programmes in Science, Technology, Engineering, Mathematics and Medicine (STEMM), Business, and Technical and Vocational Education and Training.
According to him, the degrees would be equivalent to those awarded in the United Kingdom, with admissions expected to commence between the third and fourth quarters of 2026, subject to regulatory approvals.
The minister said the initiative was designed to expand access to world-class education at reduced cost, while strengthening skills development and improving graduate employability.
He added that the programme would enable Nigerian students to study locally while receiving international-standard education.
Alausa noted that the partnership, supported by the UK’s Department for Business and Trade, underscored the government’s commitment to positioning Nigeria as a hub for knowledge, skills, and innovation.
Foreign News
Over 400 Philippine Gas Stations Shut Down Amid Fuel Price Surge
The Philippine National Police (PNP) said on Monday that more than 400 gasoline stations across the Philippines had stopped operation due to rising fuel prices.
The PNP spokesperson Randulf Tuano told a news conference that the number of closed stations in the Philippines has increased to 403 from 273 recorded on March 18.
He added that PNP has monitored a total of 14,313 gas stations nationwide, and that the country’s existing fuel supply is expected to last until mid-April.
The PNP has already filed cases related to illegal fuel selling, hoarding, and profiteering in several areas.
The agency said it was working closely with the Department of Energy to investigate the allegations.
It said it had intensified the monitoring of gasoline stations that have ceased operations amid suspicions that some closures may be linked to price manipulation.
Foreign News
S’African Organisation Says Mideast Conflict Hurts Global Economic Recovery Prospects
The South African Chamber of Commerce and Industry (SACCI) on Monday warned that the conflict in the Middle East has increased instability in global financial markets.
SACCI also warned that it could weigh on economic recovery prospects in South Africa and beyond.
Alan Mukoki, the chief executive officer of SACCI, said in a statement that disruptions to major supply routes and supply chains are likely to negatively affect the business cycle and lead to a clear deterioration in inflation, interest rates, economic growth, exchange rates, and commodity prices.
“This does not bode well for any prospect of recovery that we would have anticipated as South Africa,” said Muloki.
There are multilateral institutions that have been built over the years to resolve conflicts, he said, urging parties to the conflict to exercise restraint and have an immediate ceasefire.
Muloki also called on the South African government to take a diplomatic initiative and lobby international partners to have a ceasefire, warning that the destruction of civil infrastructure in energy and water has a devastating effect globally.
The United States and Israel launched massive attacks on Iran on Feb. 28, disrupting global shipping, sending oil prices soaring, and negatively affecting the global economy.
China Urges U.S, Israel to Stop Military Action in Middle East
China has urged all parties involved in the Middle East conflict, particularly the U.S. and Israel, to cease military operations, warning of a “vicious cycle.’’
“The one who tied the bell must be the one to untie it,” said Chinese special envoy to the Middle East Zhai Jun at a briefing after his shuttle-diplomacy trip that included stops in Saudi Arabia, the United Arab Emirates, and Kuwait.
China will maintain close communication with all parties concerned and make unremitting efforts to ease tensions and promote regional peace and stability, he said.
In a separate briefing, foreign ministry spokesperson Lin Jian cautioned that the use of force would only lead to a “vicious cycle” and that the war should not have been started.
“Should the hostilities continue to spread and intensify, the entire region will be plunged into chaos,” he said.
Trump on Saturday imposed a 48-hour deadline on Tehran to reopen the Strait of Hormuz to all shipping, threatening to destroy Iranian power plants otherwise.
Iranian attacks have effectively closed the key waterway, which carries a fifth of global oil and liquefied natural gas, causing the worst oil crisis since the 1970s.
Analysts have said that if the war is prolonged, it could undermine global growth and weaken demand for Chinese exports.
While Beijing did not detail its concerns, a prolonged conflict could weigh on China’s export outlook.
Emerging markets, key drivers of Chinese export growth, are particularly vulnerable due to limited oil reserves and sensitivity to rising energy costs.
Goldman Sachs’s Hui Shan said in a report about the current near-term risks to China’s economy that “weakening growth in China’s emerging market trading partners will likely weigh on Chinese exports to these countries in the coming quarters.’’
China is better positioned to absorb higher oil prices, with coal accounting for about 60 per cent of its energy mix, ample oil stockpiles, and imports via the Strait of Hormuz, which represent only around 5 per cent of total energy consumption.
Still, rising oil and gas prices could lift inflation and end producer price deflation, according to the chief China economist.
The bank has cut its forecast for China’s second-quarter growth and raised its 2026 inflation outlook.
Asked whether China had pressed Iran to ensure safe passage for Chinese vessels and oil shipments through the strait, Lin said Beijing remains in communication with all parties and is committed to easing tensions.

