Author: The Nation

  • London may replace Victoria to host 2026 C’wealth Games

    London may replace Victoria to host 2026 C’wealth Games

    The Mayor of London said he was “ready” to host the 2026 Commonwealth Games after the Australian state of Victoria pulled out after a budgetary disaster.

    The Commonwealth Games Federation (CGF), which runs the multi-sport event originally called the British Empire Games, did not even announce Victoria as the host for its 2026 event until April last year, three years later than planned.
    The sole volunteer to host the Games, Victoria’s bid was unanimously accepted but collapsed this week over rising costs.

    “The decision to bid for the Commonwealth Games would need to be taken by the Government,” a spokesperson for the Mayor of London said. “However, London is the sporting capital of the world, with a wealth of experience in hosting major sporting events. The Mayor stands ready to support a submission for 2026 and future global events.”
    The infrastructure and venues that already exist in London, either used or specifically built for the 2012 Olympic Games, are seen as a major factor in early-stage proposals for London to step in and save the 2026 Commonwealth Games.

    Read Also: Hammamet 2023 : Nigeria finish 4th at African Beach Games

    A UK Government spokesperson said: “Today’s announcement is disappointing for both fans and athletes.
    “We hope that the CGF and Commonwealth Games Australia will now work together to find a viable solution to hosting the event in 2026 so that athletes have the chance to compete and fans have the opportunity to enjoy this incredible event.”

    It would not be the first time the UK has been co-opted as a host, with Birmingham stepping in to take on last year’s Games after the CGF stripped South African city Durban of hosting rights back in 2017.

    Former swimmer Katie Sadleir, the chief executive of the CGF, said: “The UK are fantastic hosts and we would be very open to having a conversation with them about it, if that’s something they would be interested in doing.”
    But Australia is not alone in its concerns about the financial implications of hosting such an event.

    “Times are tough, we’re in a sort of austerity age again, where does the money come from?” Ed Warner, the former chair of UK Athletics and author of the Sport Inc newsletter, said.

    “For me, the way to make it work is to skinny down the Games to something which just focuses on the sport and takes out a lot of the pageantry.

    “We need to show a way to do this which is consistent with strained economic times.”

  • Tinubu orders release of grains to 50m farmers, others

    Tinubu orders release of grains to 50m farmers, others

    • •President directs review of N8,000 cash transfer to poor households

    President Bola Ahmed Tinubu yesterday ordered immediate release of grains and fertilisers to 50 million farmers and households.

    He also ordered a review of the N8,000 conditional cash transfer programme.

    The sum was proposed for payment to 12 million poor households for six months to ease the harsh effects of the fuel subsidy removal.

    The entire government’s palliative and relief package will be unveiled, the presidency said.

    The decisions were in response to feedback on the post-subsidy relief plan.

    Special Adviser on Special Duties, Communication and Strategy, Mr Dele Alake, in a statement, said: “You will agree with me that it has become part of the culture of President Bola Ahmed Tinubu administration to constantly dialogue with Nigerians who voted him into office. 

    “The President covenanted with Nigerians that their welfare and security will be topmost in the Renewed Hope Agenda of his government.

    “In the last few days, the conventional and new media platforms have become awash with stories of the government intending to embark on conditional cash transfer to vulnerable households mostly affected by the painful but necessary decision to remove subsidy from petrol.

    “The story has been widely reported that the Federal Government is proposing to give 12 million households from the poorest of the poor N8,000 monthly for a period of six months as government palliative to reduce the discomfort being experienced by Nigerians consequent upon subsidy removal.

    “A lot of ill-informed imputations have been read into the programme by not a few naysayers. 

    “The Administration believes in the maxim that when there is prohibition, there must be provision. 

    “Since subsidy, the hydra-headed monster threatening to kill the economy has been stopped, the government has emplaced a broad spectrum of reliefs to bring help to Nigerians.”

    The presidency noted that the cash programme is not the only item in the whole gamut of the relief package.

    Alake added: “The President has directed as follows: That the N8,000 conditional cash transfer programme envisaged to bring succour to most vulnerable households be reviewed immediately. 

    “This is in deference to the views expressed by Nigerians against it.

    Read Also: Tinubu and challenge of restructuring

    “That the whole gamut of the palliative package of government be unveiled to Nigerians.

    “Immediate release of fertilisers and grains to approximately 50 million farmers and households respectively in all the 36 states and the FCT.  

    “The President further assures Nigerians that the N500 billion approved by parliament to cushion the pain occasioned by the end of the subsidy regime will be judiciously utilised. The beneficiaries of the reliefs shall be Nigerians irrespective of their ethnic, religious or political affiliation.”

    Alake added that President Tinubu has promised to always prioritise the well-being of Nigerians and is irrevocably committed to the vow. 

    This, he said, is evident in several decisions taken so far.

    “You will recall that the President took a similar decision after listening to complaints from the business community/stakeholders about burdensome taxes, particularly the multiplicity of taxes they are made to experience. 

    “This warranted the signing of four executive orders cancelling some classes of taxes while suspending the implementation dates of others.

    “In addition, the President has also set up a Tax Reform/Fiscal Policy Committee to bring up recommendations that will engender a wholesome fiscal environment for the country and remove anti-business barriers.

    “I wish to assure Nigerians that President Tinubu will continue to be a listening leader whose ears will not be dull to the views expressed by the citizenry. 

    “The President believes government exists to cater for the interest of the people and he has demonstrated this so clearly,” the statement added.

  • Senate seeks immediate action on Ondo ocean surge

    Senate seeks immediate action on Ondo ocean surge

    • •Ibrahim’s motion gets support

    A bill on the ocean surge ravaging communities, especially Ayetoro, in Ilaje Local Government Area of Ondo State, has been sponsored by Senator Jimoh Ibrahim (Ondo South).

    The senator, got a pat on the back yesterday for sponsoring the bill, following which the Senate mandated relevant agencies of government to rise to the occasion and save the threatened villagers.

    The bill, whose objective is to propel attention to the huge potential of the oil-producing Ayetoro community, which is a phenomenal historical and cultural settlement along the coastal stretch of the local government area.

    The ravaging surge threatens the status of Ayetoro as one of the most prosperous riverine communities in the country.

    The Senate noted that Ayetoro community and its environs account for 5.4 per cent of the 60,000 barrel daily production of crude in the Sunshine State. 

    The volume is about 3.7 per cent of Nigeria’s total oil production. Ondo State ranks fifth on the list of  oil-producing states under the Nigeria Delta Development Commission (NDDC) Act.

    Read Also: Akpabio’s 10th Senate of unity and glamour 

    The region has been hugely affected by devastating sea incursions and ocean surges, which have rendered many homeless and resulted in the loss of properties worth millions in the last few decades.

    The Red Chamber resolved that the Committees on NDDC, Environment and Ecology, and other relevant ministries work out modalities for instant intervention.

    The lawmakers described as disturbing that the surges have become annual occurrences that successive generations have to attend to and serve as a daily reminder to the indigenes of Ayetoro that they are slipping into the belly of the Atlantic Ocean.

    Aware that a concerned interventionist agency, the NDDC in 2004, just four years after its creation, made a commendable attempt to stem the contract for the construction of a shoreline protective wall designed with a geo-t to Gallet Nigeria Limited at an original contract sum of N6.4 billion, of which N6.4 billion was paid.

    Also aware that the said contract was revoked in 2009 for alleged lack of compliance by Dredging Atlantic Limited at an undisclosed cost; however, eleven years after the award and sixteen years after the contract was first awarded, there is nothing on file by the government, thereby creating the wrong impression of an unconcerned

    Worried that Ayetoro is on the verge of being completely lost to the sea, if not this is more poignant because residents are gradually losing hope that their would get the desired attention from relevant authorities.

  • Market forces driving price of petrol, says Kyari

    Market forces driving price of petrol, says Kyari

    • •NNPCL: price of petrol will go up and down as prevailing situation dictates’

    Nigerians woke up yesterday morning to a sudden hike in pump prices of petrol by the Nigerian National Petroleum Company Limited (NNPCL) at its outlets.

    The product rose from N490 per litre in Lagos to N568   at stations operated by NNPCL and major marketers. In the Federal Capital Territory, motorists and other users of petrol paid  N617 per litre as against  N540.

    The new prices ranged from N618 to N700 per litre in other parts of the country.

    Group Chief Executive Officer (GCEO) of the NNPCL, Mr Mele Kyari,    the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA)  and the  Independent Petroleum Marketers Association of Nigeria (IPMAN) said that market forces will continue to drive the prices of petrol.

    The  NMDPRA   listed crude oil cost, exchange rate, freight and handling cost as well as import charges as some of the factors that determine imported petrol.

    Kyari, who also argued that the increase was not caused by a short supply of petrol,  assured that prices would fluctuate from time to time depending on activities at the international market.

    He spoke with reporters after a meeting with Vice President Kashim Shettima at Aso Villa in Abuja.

    He said: “I don’t have the details at this moment. The marketing wing of our company adjusts prices depending on the market realities. This is really what is happening; this is the meaning of making sure that the market regulates itself so that prices will go up and sometimes they will come down also. This is what we have seen and in reality, this is how the market works.

    “There is no supply issue completely. There is a robust supply.  When you go to the market, you buy the product; you come to the market you sell it at the prevailing market prices. We have over 32 days of supply in the country.

    “What I know is that the market forces will regulate the market.   I’m also assuring Nigerians that this is the best way to go forward. 

    “I know that a number of companies have imported petroleum products today.  There is no way they can recover their cost if they cannot take market reflective cost.”

    Chief Executive Officer of  NMDPRA Farouk Ahmed said the price increase was due to rising crude prices. c

    He said: “This market is deregulated. We have about 56 marketing companies that applied and obtained licences to import. Out of those, 10 of them have indicated to supply within the third quarter, which is July, August and  September.

    “Already, we received some cargoes from these marketers: Prudent Energy, AYM Shafa and Emadeb. Emadeb Cargo is arriving tomorrow (today). So, this is just an encouragement to see that the market is liberated and everyone is free to import so long as you are working within the framework, especially in terms of quality.

    “But as a regulator, we are not going to put a cap on prices because we are not part of those importing. We are not a marketing company.

    “When we say market forces are working, basically, what it means is that you buy and you consider the price of crude going up.

    Read Also: BREAKING: Market forces driving up petrol prices – Kyari ⁣

    A couple of weeks ago, the price of crude was hovering around $70/barrel. Now it’s hovering around $80/barrel.

    “So, the crude price also drives the product price.  Importers base their   cost of crude, freight and other cost elements.”

    IPMAN National Vice President, Alhaji Abubakar Maigandi,  said that exchange rate contributed to the latest hike.

    “The dollar rate has changed and since there is no more subsidy, it has also affected the cost of crude oil and eventually the landing cost of petrol,” Maigandi told The Nation in Abuja.

    IPMAN Secretary, Suleja /Abuja Branch, Shaibu Mohammed, who also spoke with The Nation said that the ex-depot price has risen from N504 per litre on Monday to N560   in all the depots as of yesterday.

    But   Mohammed expressed displeasure with the sudden price change.  He described the NNPCL as the actual regulator in a  deregulated oil sector.

    The IPMAN secretary sought competition in the market, stressing that the NNPCL   singlehandedly raised the pump price.

    He said, “The pump price has been jacked up to N617/litre(in Abuja). It is abnormal. The sector has been deregulated and liberalisation is on.

    “Let competition come in. As it is, NNPCL is still the sole importer. it is regulating  the market.”

    Across the states and the FCT, some filling stations that got a hint of the increment shut their gates to motorists and other users of petrol on the grounds that they had run out of stock.

    But some sold at the old prices in the early hours of yesterday before adjusting their pumps to reflect the new costs. Such stations witnessed vehicular queues.

    The customers lamented that the hike came at a time when they were trying to adjust to the hardship caused by the old price announced by the NNPCL barely 48 days ago.

    *NLC kicks

    The  NLC   rejected the new pump price, saying it was anti-people.

    This action will further increase the margin between the poor and the rich as it is clear that the government is taking away all the benefits meant for the poor and giving given to the rich.

    Government is provoking Nigeria and attacking workers, students and others, NLC president, Mr Joe Ajaero, said while being featured on a national television programme.

    He said: “I think Nigerians are being deceived.  In the first instance, going by the claim that the independent marketers are now importing the petrol. Nigerians would want to know how many are involved in this.

    “Nigerians also want to know the role of the NNPCL in the current dispensation. NNPCL cannot import and claim the fuel is imported by independent marketers.

    “Two, the government withdrew subsidy from PMS and while we were discussing the aftermath of the withdrawal, another price increase.

    “Now, why would the government go to court to seek a court injunction? Why will the government take other measures if it is not its business?

    “It is like Nigerians have entered a rein when Nigerians are being punished unnecessarily and where lies are the order of the day.”

    Ajaero said   that the congress would  “meet to take  a decision on how best to address the latest development.”

    * Oyebanji urges Nigerians to be patient 

    Governor of Ekiti State Abiodun Oyebanji has urged Nigerians to be patient with the administration of President Bola Tinubu over the hardship caused by subsidy removal.

    Oyebanji made this plea while answering questions from reporters after his visit to the Senate President Godswill Akpabio in Abuja.

    He assured that Nigerians would soon get the benefits of their sacrifices.

    “Nigerians should be patient with President Bola Tinubu.You cannot eat an omelette without breaking an egg, there is no microwave solution to our problem, you must confront these challenges head-on.

    “I plead with Nigerians to be patient, very soon they will know that the President meant well.”

  • POS operator attempts suicide to avoid loan repayment

    POS operator attempts suicide to avoid loan repayment

    There was drama at an Upper Area Court 1, Yola in Adamawa State after a Point of Sale (POS) operator, Umar Usman, attempted suicide in protest of a judgment that was not in his favour.

    Usman was said to have gulped a bottle of a locally made pesticide following the ruling of presiding Judge, Hon. Shehu Mustapha, that he should pay back a N1.75m debt he owed his friend, Mustapha Baraya.

    He was said to have borrowed N1.9 million from his friend to run a POS business but had only refunded N150,000.

    Read Also: FastCash distributes N105bn digital loans to over 3m Nigerians

    Following his refusal to pay the balance as agreed, his friend dragged him to court on February 13 for ‘criminal misappropriation and breach of trust’.

    Usman and his father were given one month to repay the loan and they promised to do so once they harvested their rice farm but again reneged on their promise.

    The court then ordered that Usman’s house which was given to him by his father be sold to raise the money to repay the loan.

    At the sitting on Monday, Usman who came to court with the insecticide, entered the judge’s chamber and emptied the content into his mouth which made him vomit before losing consciousness.

  • Tinubu: we have means to fund terror war

    Tinubu: we have means to fund terror war

    President Bola Ahmed Tinubu yesterday said the Economic Community of West African States (ECOWAS) can successfully fund anti-terror war in the sub-region.

    Tinubu, Chairman ECOWAS Authority of Heads of State and Government, spoke in Aso Villa, Abuja, where he hosted three heads of member-states and Dr. Omar Touray, ECOWAS Commission President.

    The visiting presidents, were, Patrice Talon of Benin Republic, Umaro Sissoco Embalo of Guinea-Bissau and Mohammed Bazoum of Niger Republic.

    Shedding light on how the ECOWAS Commission hoped to fund its campaign against terrorism and other forms of insecurity in its region, President Tinubu said member-countries have the means and wherewithal to fight the menace out of their region. 

    He said: “We have no problem raising funds and we have all the instrumentalities to do that. So, concerning our design and engineering of our own finances, we believe we’re capable of raising necessary funds to combat terrorism and insecurity in the region.”

    The four ECOWAS leaders, during their meeting, reviewed the political and security situations in the sub-region, especially the political transition in Mali, Burkina Faso and Guinea.

    Read Also: Tinubu expresses sadness over death of 2-year-old hit by stray bullet

    Speaking on the resolutions reached during the meeting, Dr Touray disclosed that President Talon would soon embark on a mission to the three West African countries, on behalf of the Authority of Heads of State and Government.

    He said: “Regarding the political situation in the sub-region, the leaders have reviewed the transition in Mali, Burkina Faso and Guinea. Regarding the transition in those three countries, the leaders have taken the decision to re-engage the three countries at the highest level. 

    “A member of the Troika, in the person of His Excellency, the President of the Republic of Benin, will undertake a mission to these three countries on behalf of the heads of state. That mission will be undertaken shortly. 

    “The leaders have reaffirmed their commitment to the expeditious transition to democracy in each of the three countries. The transition must be in accordance with ECOWAS protocols and in accordance with their individual transition charters.

    “ECOWAS has resolved to support a credible and inclusive transition in each of the three countries.”

    Touray said the leaders also resolved “to provide a robust regional response to any threat to security in the region.”

    He added: “The regional response shall include the operationalisation of the ECOWAS Plan of Action with the region’s own troops and regions own financing. Financing from other partners will be welcomed. 

    “The security response shall also include support to the individual member states of the region. The response shall also include the use of specific arrangement, such as specific models of peace and security. Adequate resources will be provided to the region’s response to peace and security.”

  • Fed Govt raises N658b from local investors

    Fed Govt raises N658b from local investors

    The Federal Government has raised about N658 billion in new borrowings to augment national revenue and finance budget deficit.

    At the first bond auction for the third quarter, the government issued  N657.84 billion bonds  across medium to long-term tenors at the domestic capital market.

    Official allotment report by the Debt Management Office (DMO), which oversees government’s debt issuance and management, indicated that government overshot its initial target of N360 billion to raise N657.84 billion, riding on the back of a 163 per cent oversubscription.

    The bonds on offer, which were reopening of previous issuances, included the 10-year, 14.55 per cent April 2029 bond; the 10-year, 14.70 per cent June 2033 bond; the 15-year, 15.45 per cent June 2038 bond and the 30-year, 15.70 per cent, June 2053 bond.

    The report showed that government allotted  N52.62 billion for the 10-year FGN April 2029; N39.86 billion for the 10-year FGN June 2033 bond; N146.49 billion for the 15-year FGN June 2038 bond and N417.77 billion for the 30-year FGN June 2053 bond.

    The bonds were allotted at marginal rates of 12.50 per cent, 13.60 per cent, 14.10 per cent and 14.30 per cent respectively. The bid-to-cover ratios for the bonds were 1.14 times, 0.57 times, 2.12 times and 6.67 times respectively.

    The report also showed that the DMO allotted N1.10 billion bonds  through non-competitive bids across the 10-year FGN April 2029.

    Nigeria’s total public debt had risen to N49.95 trillion, about $108.30 billion, in first quarter 2023. The increase was mainly due to continuing domestic borrowings by the federal government.

    The DMO reported that the country’s public debt added another N3 trillion between December 2022 and March 2023.

    In its quarterly assessment of the country’s debt profile, the DMO stated that the new figure of N49.95 trillion did not include the N22.719 trillion Ways and Means facility from the Central Bank of Nigeria (CBN).

    Read Also: Investors-confidence now boosted, says NGX

    In December 2022, total external borrowing was N18.702 trillion but by March 2023, it had grown to N19.643 trillion. The external debt was partly affected by currency depreciation. Total domestic debt stock also grew from N27.548 trillion in December 2022 to N30.209 in March 2023.

    By the time the securitised Ways and Means of N22.719 trillion is captured in the June this year’s  figures, Nigeria’s total public debt may hit the N70 trillion mark. The Ways and Means was securitized in May 2023.

    The Nation had reported that borrowings in first quarter 2023 represented a double of government’s borrowings in fourth quarter 2022 and remained the largest debt issuances over the past 10 quarters tracked by The Nation’s Economic Intelligence Team.

    The data indicated a consecutive monthly increase in borrowings in first quarter 2023 with government raising its initial offer sizes in most instances to mop up oversubscriptions to its offers.

    While the DMO did not provide a breakdown of the debt increase, The Nation, in a month-on-month breakdown, had reported that government raised a total of N940.62 billion in January 2023. It increased borrowings to N1.035 trillion in February 2023 and closed the quarter with total borrowings of N1.196 trillion in March 2023.

    With sovereign downgrades by global rating agencies and attendant higher risk profile as well as cost of international debt issuances, the government had been constrained to the domestic capital market to fund its running budget deficit. The government plans to raise N8.8 trillion through regular debt issuances to fund the N10.78 trillion budget deficit in 2023.

    In January 2023, government raised N662.617 billion through its regular bond auction, N277.468 billion through the Nigerian Treasury Bills (NTBs) and N533.03 million through the Federal Government of Nigeria Savings Bonds (FGNSBs), a retail monthly debt issuance introduced in 2017.

    In February 2023, the government raised N770.56 billion through bond auction, N263.50 billion through NTBs and N1.271 billion through the FGNSBs. 

    The government issued regular bonds worth N563.36 billion, NTBs valued at N631.84 billion and FGNSBs worth N1.01 billion in March 2023.

    The DMO recently released its Market Access Country-Debt Sustainability Analysis (MAC-DSA) for 2022. This analysis is prescribed by the World Bank and the International Monetary Fund (IMF) to promote transparency.

    The MAC-DSA is carried out every year by the DMO in conjunction with other agencies  such as Central Bank of Nigeria (CBN), Federal Ministry of Finance,  Budget Office of the Federation, National Bureau of Statistics (NBS) and the Office of the Accountant General of the Federation (OAGF).

    Director General, Debt Management Office (DMO), Ms. Patience Oniha said the recent MAC-DSA report “highlighted the need for more revenues to keep the public debt sustainable”.

    Oniha commended the recent policies of the President Bola Tinubu administration especially the removal of subsidy and the appointment of a Special Adviser on Revenue Mobilization which she described as “positive steps for public debt sustainability”.

    Nigeria had increasingly relied on borrowings to bridge its dwindling national revenue.

    Data provided by the Budget Office of the Federation showed that Nigeria has consistently over the past eight years significantly underperformed its revenue target. For instance, while the country had budgeted a revenue target of N7.2 trillion in 2018, it generated only N3.9 trillion, about 54 per cent of revenue target. In 2019, it achieved about 59 per cent with revenue budget of N7 trillion and actual of N4.12 trillion. Revenue target and actual stood at N5.4 trillion and N3.96 trillion and N6.64 trillion and N4.64 trillion in 2020 and 2021 respectively. In the current budget, while the country had set a revenue target of N5.82 billion, it only achieved 63 per cent or N3.66 trillion by July 2022.

    Nigeria has been using more than three-quarters of its revenues to service debts. Debt-service to total revenue ratio stood at 61.3 per cent in 2020, rose to 90.9 per cent in 2021 and currently stands at 84.5 per cent. Debt-service-to-total revenue was about 32.7 per cent in 2015.

    DMO had expressed concerns that the country now faces the risk of being unable to sustain its rising national public debts unless urgent actions are taken to curtail expenditure and increase the country’s revenues.

    DMO warned that while Nigeria’s loans may still be within acceptable range of the country’s economic size, the country’s ability to sustainably meet the obligations on such loans is now under threat.

    According to the agency, said beyond keeping within debt-to-GDP ratio, it is important that the public debt is sustainable and government is able to service its debt without the risk of distress.

  • Heatwave threatens lives in U.S., Europe

    Heatwave threatens lives in U.S., Europe

    Heatwaves intensified across southern and Eastern Europe, Asia, and much of the United States yesterday as the World Meteorological Organisation (WMO) warned of an increased risk of deaths due to the extreme weather.

    Across the U.S., Americans grappled with a medley of extreme weather, from blazing heat to wildfire smoke-choked air and flood warnings, with a tropical storm headed for the Pacific island state of Hawaii yesterday afternoon.

    The southwestern city of Phoenix, Arizona, exceeded 110 degrees Fahrenheit (43 Celsius) for the 19th day in a row, breaking its all-time record of 18 straight days over 110.

    In the northeastern state of Vermont, thunderstorms were expected to drench areas already saturated from recent torrential rainfall, and potentially cause more floods like the ones that overwhelmed roadways and trapped people in their homes last week.

    The Mediterranean island of Sardinia could see highs of more than 47 Celsius (116 Fahrenheit) and forecasters said, temperatures could hit 40 degrees (104 Fahrenheit) in several Italian cities, including 42-43 degrees Celsius in the Lazio region that includes Rome.

    With baking temperatures hitting Europe during the peak summer tourist season, the WMO said the heatwave in the northern hemisphere was set to intensify. An estimated 61,000 people may have died in heatwaves last year in Europe alone.

    The World Health Organisation’s regional director for Europe, Hans Henri P. Kluge, said the world must look ahead while adapting to the “new reality” of killer heatwaves and other extreme weather.

    “There is a desperate and urgent need for regional and global action to effectively tackle the climate crisis, which poses an existential threat to the human race,” he said.

    The EU’s emergency response coordination centre issued red alerts for high temperatures for most of Italy, northeastern Spain, Croatia, Serbia, southern Bosnia and Herzegovina, and Montenegro.

    Heatwaves this summer, which saw temperatures climb to 127 degrees Fahrenheit (53 degrees Celsius) in California’s Death Valley and over 52 Celsius (126 degrees Fahrenheit) in China’s northwest, have coincided with wildfires from Greece to the Swiss Alps and deadly flooding in India and South Korea.

    They have added fresh urgency to talks this week between the United States and China, the world’s top greenhouse gas polluters.

    U.S. climate envoy John Kerry met Chinese officials in Beijing and expressed hope that climate cooperation could redefine troubled ties between the two powers.

    Read Also: Lagosians sweat in heatwave

    Chinese President Xi Jinping stressed Beijing’s commitment to carbon neutrality and a carbon peak was certain but that it would not be influenced by others.

    “Temperatures in North America, Asia, and across North Africa and the Mediterranean will be above 40 degrees Celsius for a prolonged number of days this week as the heatwave intensifies,” the WMO said.

    Overnight minimum temperatures were also expected to reach new highs, the WMO said, creating the risk of increased cases of heart attacks and deaths.

    “Whilst most of the attention focuses on daytime maximum temperatures, it is the overnight temperatures which have the biggest health risks, especially for vulnerable populations,” it said.

    Scientists have long warned that climate change, caused by greenhouse gas emissions mainly from burning fossil fuels, will make heatwaves more frequent, severe and deadly. They say governments need to take drastically reduce emissions to prevent climate catastrophe.

    The European Union’s Copernicus Climate Change Service says 2022 and 2021 were the continent’s hottest summers on record. Europe’s highest recorded temperature of 48.8 degrees Celsius (120 degrees Fahrenheit) was registered in Sicily two years ago.

    In Italy, tourists have tried to keep cool by splashing in Rome’s fountains and standing under giant fans set up outside the Colosseum. Some were forced to queue for taxis for more than an hour in the heat outside the central railway station in Rome due to the capital’s chronic shortage of cabs.

    The health ministry issued red weather alerts for 20 of the country’s 27 main cities yesterday, with the number expected to rise to 23 today.

  • Police confirm murder, mutilation of undergraduate at lover’s apartment

    Police confirm murder, mutilation of undergraduate at lover’s apartment

    The Lagos Police Command has confirmed the murder of 21-year-old undergraduate, Augusta Osedion Onuwabuagbe, and removal of her genitals inside her lover’s Ajah apartment.

    Also confirmed was the retrieval of a suspected confessional note allegedly left behind by the 26-year-old loverboy, Benjamin alias Killaboi, currently on the run.

    It was gathered that detectives from Ajah Police Station had forced open the door to the apartment located at Oral Estate, Ikota, Ajah, after Augusta’s mother reported her inability to reach her daughter.

    It was learnt that the woman had received a call from her daughter, a student at Lead University, Ibadan, Oyo State, on July 11, that she had a quarrel with her lover and would be going to his place for them to resolve the issue.

    The woman, sources said, reported that she made efforts to reconcile them but was not able to reach either of them on their phones and had to locate Augusta’s roommate, who took her to Benjamin’s residence in Ajah on Saturday, July 15.

    On arrival at the residence, it was learnt that the women saw her daughter’s Mercedes Benz C30 outside of Benjamin’s house and they knocked several times on the door but got no response.

    They were said to have gone to the estate’s security post to complain but were asked to go to the Police Station so that the police would come and open the door.

    Augusta’s mother, it was gathered, went to the police station and filed a complaint which prompted the Divisional Police Officer, DPO, to lead detectives to the apartment and forced open the door.

    Read Also: Lovers arrested after girlfriend allegedly<br>killed, dumped infant in dustbin

    “As soon as the door was opened by the police, the body of the girl was discovered in a pool of her blood with her private part chopped off. The body was fast decompassing and was quickly recovered,” said a police source.

    Confirming the incident, spokesman, SP Benjamin Hundeyin, said marks of violence and signs of struggle were obvious on the body, adding that the place was cordoned for forensic experts to carry out their investigations.

    He confirmed that a note was recovered from the scene, adding that efforts were on to apprehend the suspect.

    Meanwhile, Benjamin, it was gathered, took to his Instagram page to confess to have stabbed Augusta by mistake during an argument, adding that he fled the scene out of fear.

    In series of incoherent posts shared on his Instastory, the suspect denied allegations he used his lover for ritual, insisting she was the love of his life and they had been together for two years.

    He said those painting the ritual narrative were manipulating the situation, urging those abusing his late lover to stop because she did nothing wrong. According to him, the problem in their relationship was toxicity, adding that they had an issue on July 11 and had agreed to meet the next day to talk it over but things got worse.

    He claimed he had been having suicidal thoughts since then and was ready to die, turn himself in to give her family closure.

    He wrote: “I got into an argument with my girlfriend which (led to a) fight and I mistakenly stabbed her and ran away out of fear and been suicidal since then.  I want to end my life now because I have lost the one I cherished so much. I want to do the right thing and turn myself in. I will gladly end it by paying with my life now.

    “I have failed myself, I have failed my mom, I have failed my family. Oh Lord I can’t believe this. I can’t leave with this guilt, I’m going crazy… I will say nothing but the truth all from the beginning to what brought us here.

    “Woman has ended me. I will turn myself in shortly. Woman! Woman! Woman1

    “Bye for now till I do so. I deserve death, no running away. I accept whatever fate has for me. I will give this to her family.

    “Woman was finally the end of you Benjamin Best. I got the love I think I deserved. I blame myself. I will give in. I surrender. I will pay for this. I will pay for this…”

  • Senate, House to probe NNPCL, NDDC, others

    Senate, House to probe NNPCL, NDDC, others

    The Senate yesterday directed its Committee on Niger Delta Affairs (when constituted) to investigate the Niger Delta Development Commission (NDDC) over a N6.5 billion shoreline protection contract it awarded in 2006.

    The Red Chambers also mandated its Committee on Niger Delta Affairs, Environment and Ecology (when constituted), to interface with relevant ministries to work out modalities for instant intervention in the disaster of ocean surge ravaging the Ayetoro Community in Ondo State.

    The resolutions of the Senate followed its consideration of a motion titled: “Urgent need for intervention to arrest the incessant sea incursion ravaging Ayetoro Community in Ondo State,” sponsored by Senator Jimoh Ibrahim (APC – Ondo South).

    Ibrahim said the Ayetoro community and its environs account for 5.4 percent of the 60,000 barrels per day of Ondo State’s crude oil production output.

    This, he said, amounts to about 3.7 per cent of Nigeria’s total oil production, which ranks Ondo as the fifth among Nigeria’s oil-producing states under the NDDC.

    Read Also: House to probe illegal sale of govt property

    The Senator said he was aware that the NDDC, four years after its creation, attempted to stem the slide by awarding the contract for the construction of a shoreline protective wall designed with a geo-tube technology in Ayetoro to Gallet Nigeria Limited at N6.4 billion, of which 25 per cent was reportedly paid.

    Ibrahim said the contract was revoked in 2009 for alleged lack of capacity and re-awarded to Dredging Atlantic Limited at an undisclosed cost.

    “Eleven years after the new contractor took over, and 16 years after the contract was first awarded, there is nothing on the ground to show any intervention by the government, thereby creating the wrong impression of an unconcerned Federal Government.”

    The Senator said he was “worried that Ayetoro is on the verge of being completely lost to the sea if nothing is done urgently”.

    Also yesterday, the House of Representatives said it would investigate the alleged non-remittance of due taxes by the Nigerian National Petroleum Company Limited (NNPCL) into the Federation account.

    Its decision followed a claim by the Federation Account Allocation Committee (FAAC) that the NNPCL’s non-remittance has led to a loss of over N2 trillion in revenue.

    Adopting a motion by Hon. Uduak A. Odudoh, the House asked its Committee on Finance to begin a comprehensive probe.