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Tinubu Deserves Support to Consolidate – APC

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President Bola Tinubu deserves the support and patience of Nigerians to consolidate on the deep economic foundation he has laid, says the All Progressives Congress (APC).

This comes after Mr Peter Obi, the 2023 Labour Party presidential candidate, claimed in his New Year message that the country’s political, economic, and security situation is worsening daily.

APC spokesman, Mr Felix Morka, in a statement on Thursday, described Obi’s claim as misleading and intended to score cheap political points.

According to Morka, the economy has shown significant progress in the last 18 months, with a steady record of growth, massive balance of trade surpluses, and a surge in foreign direct investments.

He attributed this development to increased confidence in the economy, enhanced foreign reserve, and a significant decline in debt servicing ratio from 90 per cent to about 64 per cent.

Morka also noted that the administration is working to ensure that the ongoing reforms deliver their fullest benefits for the country’s sustainable growth and transformation.

“President Tinubu has acknowledged that the cost of food and essential drugs remains a significant concern for many Nigerian households.

“He has assured that his administration is committed to lowering food prices by boosting food production and promoting local production of drugs.

“He has also vowed to reduce inflation from 34 per cent to 15 per cent in the course of this fiscal year.

“With the vigour in the administration’s war on corruption, Tinubu is turning the nation’s fortunes around,” Morka said.

He stressed that Tinubu deserved the support and patience of Nigerians to consolidate on the deep economic foundation he had laid.

Morka recalled that the President also hinted at his administration’s readiness to consider a national living wage that would address the living conditions of workers, instead of a minimum wage.

“This is a significant move, as it shows that the government is willing to listen to workers’ concerns and take concrete steps to improve their welfare.

“Tinubu is dutifully turning the nation’s fortunes around, and he deserves the support and patience of Nigerians to deliver a vibrant, prosperous new Nigeria for the good of all,” Morka said. (NAN)

Foreign News

French Butchers’ shops Closed After Child Dies of Rare Illness

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 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)

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Foreign News

Over 650 Die in Iran After First Week of Israeli strikes

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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)

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Education

NDIC Urges Youths To Shun Cybercrime, Embrace Financial Discipline

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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)

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