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Worldnews

UK Lifts Sanctions On Dozen Syrian Government Bodies
~1.9 mins read
Sanctions on 12 Syrian entities removed, including the defence and interior ministries. The United Kingdom has removed its sanctions on 12 Syrian government entities, including the Ministries of Defence and Interior and the General Intelligence Directorate. The move on Thursday was made four months after the Hayat Tahrir al-Sham (HTS) armed group led opposition groups in ousting President Bashar al-Assad following more than 13 years of war. The entities removed from the sanctions list will no longer be subject to asset freezes, read the notice posted by the UK Office of Financial Sanctions Implementation in London. Those targeted by the sanctions were “involved in repressing the civilian population in Syria” or had been “involved in supporting or benefitting from the Syrian regime” of al-Assad, according to the notice, which did not give an explanation for the delisting. In March, the British government unfroze the assets of the Central Bank of Syria and 23 other entities, including banks and oil companies. However, it has stressed that sanctions on members of the al-Assad regime would remain in place. The new HTS-led Syrian government is trying to persuade Western capitals that crippling international sanctions should be lifted. Speaking at a televised event with former British Prime Minister Tony Blair, Syrian Foreign Minister Asaad al-Shaibani said at the beginning of this year: “We inherited a lot of problems from the Assad regime, … but removing economic sanctions is key for the stability of Syria.” Some countries, including the United States, have said they will wait to see how the new authorities exercise their power and ensure human rights before lifting sanctions, opting instead for targeted and temporary exemptions. Last week, a visiting United Nations official called on Syria’s authorities to begin the process of economic recovery without waiting for Western sanctions to be lifted. “Waiting for sanctions to be lifted leads nowhere,” Abdallah Al Dardari, the regional chief for Arab states at the United Nations Development Programme (UNDP), told the AFP news agency in an interview in Damascus. A February UNDP report estimated that at current growth rates, Syria would need more than 50 years to return to the economic level it had before the war, and it called for massive investment to accelerate the process. The UN study said nine out of 10 Syrians now live in poverty, one-quarter are jobless and Syria’s GDP “has shrunk to less than half of its value” in 2011, the year the war began. Syria’s Human Development Index score, which factors in life expectancy, education and standard of living, has fallen to its worst level since it was first included in the index in 1990, meaning the war erased decades of development. The UNDP report estimated Syria’s “lost GDP” during the 2011-2024 war to be about $800bn. Follow Al Jazeera English:...
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News_Naija

Pension Reform: The Necessity For Writing Will
~3.8 mins read
– It was governed by several pieces of diverse legislation, like the 1990 Pension Act for pensionable public officers, which was non-contributory, based on a defined benefit, and marked by delayed payment, arrears, and poor funding. For the private sector, the pensions were covered under the National Provident Fund Act of 1954 and subsequently the Nigeria Social Insurance Trust Fund Act of 1993. Although employer contributions were compulsory, the scheme was plagued by weak enforcement, poor record-keeping, and low levels of transparency. Overall, the system lacked uniformity, accountability, and security, and these deficiencies were largely responsible for why the 2004 Act was promulgated. To eradicate the inefficiencies in the then system, President Olusegun Obasanjo, inaugurated a Pension Reform Committee, which then recommended a fully funded, contributory scheme to ensure timely payment of retirement benefits, reduce the government’s pension liabilities, harmonise public and private sector pensions, provide transparency and accountability through the establishment of the National Pension Commission, promote a culture of long-term savings, and mobilise pension funds to spur economic growth and national development. These recommendations were then approved by the Federal Government and submitted to the National Assembly, which then enacted the Pension Reform Act, 2004, and was subsequently amended in 2024. In this article, I shall attempt to summarise a very salient section of the amended Act that most employers and employees are either not aware of or have never given attention to. This very crucial section is the reason why relations and beneficiaries of many deceased pensioners have been unable to access the balances in the retirement savings accounts of their deceased relations. This may be due to inadequate enlightenment by the pension commission and many pension fund administrators, whose responsibility is to encourage employees to comply with this very important section of the law. My engagement with some employees regarding this section of the Act showed that they are either not aware of its existence and importance, or that they do not consider it important. Therefore, when you ask an employee to write his will, the first excuse for not doing so is that he has no assets to put in a will. Simple education and or enlightenment would have alerted him/her to the fact that his/her pension contribution, by virtue of the provisions of the Pension Reform Act, is an asset that is required to be recognised in his//her Will. This very important law is section 8(2) of the Pension Reform Act, 2014 (as amended). The section particularly deals with the distribution of money from a deceased employee’s retirement savings account. It describes the legal and administrative framework that guarantees that pension funds are fairly, openly and lawfully transferred to the estate or beneficiaries of a deceased contributor. For clarity, Section 8(2) of the Pension Reform Act, 2014 (as amended) is reproduced hereunder: “Upon receipt of a valid will admitted to probate or a letter of administration confirming the beneficiaries under the estate of the deceased employee, the Pension Fund Administrator shall, with the approval of the commission, release the amount standing in the Retirement Savings Account of the deceased to the personal representative of the deceased or to any other person as may be directed by a court of competent jurisdiction, in accordance with the terms of the will or the personal law of the deceased employee, as the case may be.” Section 8(2) supra can thus be summarised as follows: The balances in the RSA of a deceased employee can be accessed by his relations/beneficiaries through: A will properly prepared by the deceased employee and probated, wherein all beneficiaries are clearly identified. Letters of administration duly procured and containing details of the contributor’s retirement savings account and his/her assets. Application of the Native Law and Customs applicable to the deceased at the time of his death. This will be applied by the court in the absence of (i) and (ii). Of the three options highlighted in section 8(2) supra, the option that is recommended is the need for employees contributing to pensions to write a will detailing the names of the beneficiaries. If the deceased employee left a will, the PFAs would then find it easier to submit the probated will for approval by the pension commission. Once the will is approved by the pension commission, approval for release of the balances in the RSA is approved, beneficiaries of deceased employees are therefore able to, within a few months of the demise of the employee, access the balances in the estate account. The other options of either procuring Letters of Administration or application of Native Law and Customs of the deceased employee are expensive, cumbersome, take time and/or are fraught with controversies. We therefore encourage all employees who currently contribute to pensions to consider writing a will today. We also call on the pension commission and pension fund administrators to encourage all employees to consider writing their will immediately upon engagement as employees. Section 8(2) of the Pension Reform Act of 2014 has made clear provisions on the modalities for dealing with pensions of deceased persons to the pension funds from being left unattended after an employee passes away. This stops false claims and unauthorised access while guaranteeing that only legitimate beneficiaries receive the RSA balance. Legal evidence, such as a valid will, a letter of administration, or a court order, is needed to verify the authenticity of the people claiming the money before any distribution is made. By guaranteeing that money is disbursed legally, this requirement preserves the integrity of the pension system in addition to safeguarding the interests of the deceased’s dependents.
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News_Naija

What Nigeria Can Learn From Chinas Economic Transformation
~3.6 mins read
China has transformed from an isolated, agrarian economy into the world’s second-largest economic powerhouse in just over four decades. What was once a country grappling with poverty, underdevelopment, and political instability is now a hub for infrastructure, innovation, and global trade. This transformation was not accidental—it resulted from deliberate policies, long-term vision, and strategic execution. As Nigeria, Africa’s most populous nation and one of its largest economies, struggles with underdevelopment, unemployment, and economic dependency, a critical question arises: Can Nigeria learn from China’s blueprint and chart a similar course of transformation? Exploring the key drivers behind China’s economic success—from industrial policy and foreign direct investment to education and innovation—and examining which strategies are adaptable to Nigeria’s unique context. It is not about copying and pasting a model but thoughtful adaptation, bold leadership, and a shared national vision. Nigeria can learn a treasure trove of lessons from the compelling story of a nation that understands the delicate balance between progress and preservation. “If you know your history, you will know where you are coming from.” Perhaps you would also know where you are going. But then, knowing your history is not enough. You must preserve and build on it. China deeply embeds its culture in every aspect of life. From food to architecture, from language to commerce, they carry their heritage with pride. Chinese culture highly regards heritage and is firmly committed to preserving history with a seamless blend of traditional and modern architecture. We must understand that our past is the foundation on which we build our future. Language is power. Language is unity. In China, everyone speaks Mandarin—not only as a means of communication but also as a declaration of identity. With Mandarin as the national language, the country has been able to bridge regional divides and create a sense of national unity. I believe the absence of a “local” common national language keeps Nigeria fragmented. A more unified linguistic approach can help us strengthen national cohesion. Walk into any Chinese store, and you will find products proudly made in China. There is a national consciousness to support homegrown businesses. Government policies favour local industries, ensuring they thrive before foreign brands are even considered. If we do not build and protect our own, no one else will. An average vendor in China accepts payments via Alipay or WeChat. The apps can even analyse your spending and show which sectors are taking more money than the others. China’s infrastructure tells a story of intentional leadership. Payment platforms, technology, roads, bridges, trains, and power supply are not luxuries there—they are fundamental rights. China has created an ecosystem that encourages innovation and entrepreneurship, and the government’s investments in its people ensure that a lack of infrastructure does not hinder productivity. China did not become the world’s manufacturing hub overnight. It took decades of meticulous planning, investment in technology, and a deep understanding of global market trends. Nigeria has vast human and natural resources, but it must think beyond quick wins. We must start playing the long-term game—investing in industries that can position us as global leaders in specific sectors. China’s success is largely built on its infrastructure—efficient transportation, stable electricity, and modern digital networks. These systems enable businesses to thrive and make daily life more convenient. Nigeria must prioritise infrastructure development in urban areas and across the country, ensuring accessibility and efficiency in commerce, communication, and mobility. One of China’s most fascinating strategies is building viable internal alternatives before restricting foreign platforms. They did not just ban Google; they had Baidu. They did not just block WhatsApp; they had WeChat. They did not just reject foreign e-commerce platforms; they had Alibaba. We must create, then compete—not the other way around. China understands the power of partnerships. The government collaborates with businesses, businesses collaborate among themselves, and regions within China collaborate to drive national growth. We must embrace the mindset that no sector thrives in isolation. From private enterprises to government initiatives, from north to south, collaboration should be the new normal. Perhaps the most remarkable thing about China is its discipline—discipline in governance, policy execution, and societal structure. We have some of the brightest minds in the world, but talent without discipline is wasted potential. It is not enough to have plans; we must follow through with ruthless efficiency. China is not perfect, and neither is Nigeria. But if we are to move forward, we must be willing to learn from those who have successfully walked the path of development. Celebrating our culture, preserving our heritage, prioritising collaborations, supporting indigenous businesses, uniting through language, and demanding more from leadership—these are not just lessons we can learn from developed countries; they are mandates. Nigeria is rich, powerful, and full of promise. But a promise alone does not build nations—strategy, execution, and a deep sense of identity do. We must invest in our human capital and build a workforce that can drive the nation’s growth. Progress is not a zero-sum game. China has an ageing population, but our young population is one of our greatest assets. We must equip them with the skills and knowledge required to compete in the 21st century. • Olaotan Fawehinmi writes from Lagos
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Futbol

Match Of The Day Top 10: Gary Lineker, Alan Shearer & Micah Richards Rank Premier League Midfielders
~5.6 mins read
This article was first published on 18 March 2023 Kevin de Bruyne, widely regarded as one of the finest players of the Premier League era, has announced he will leave Manchester City at the end of the season. The 33-year-old has won the title six times since arriving at Etihad Stadium in 2015 - but where does he actually rank among the league's best-ever midfielders? In 2023, Gary Lineker, Alan Shearer and Micah Richards picked their top 10 Premier League midfielders as part of their Match of the Day Top 10 series. Here's the list they came up with. All stats are correct as of 18 March 2023. De Bruyne to leave Man City at end of season Find out how Gary, Alan and Micah ranked their selections Watch Match of the Day Top 10 on BBC iPlayer Clubs: Chelsea (2011-14), Man City (2015-present) Premier League record: 226 appearances, 60 goals, 95 assists Signed by Manchester City in 2015 for a then club record fee of £55m. Kevin de Bruyne has enjoyed a stellar return to the Premier League and is currently ranked fifth in Premier League assists. He is also a back-to-back PFA Player's Player of the Year award winner (2019-20 and 2020-21) - just the third player in history to achieve this feat after Thierry Henry and Cristiano Ronaldo. The 2019-20 campaign in particular stood out as De Bruyne matched Henry's Premier League assist record of 20 and created the most chances from open play since records began (104). Clubs: Arsenal (2003-2011), Chelsea (2014-19) Premier League record: 350 appearances, 50 goals, 111 assists Fabregas joined Arsenal from Barcelona as a 16-year-old in 2003 and quickly developed into one of the world's best midfielders. Aged just 16 years and 177 days, he became the club's youngest first-team player when he made his debut in a League Cup tie against Rotherham, and broke another record later in December when he became the Gunners' youngest-ever goalscorer with his strike against Wolves. He was part of the Arsenal side that won the FA Cup in 2004/05. He would return to the Premier League with Chelsea from boyhood club Barcelona, finally adding that illusive Premier League title to his CV in 2014. He won another in the 2016/17 season, as well as adding another FA Cup to the trophy cabinet. Clubs: Liverpool (1998-2015) Premier League record: 504 appearances, 120 goals, 92 assists Steven Gerrard's capacity to drag his teammates along with him to achieve great things is perhaps best evidenced by his incredible record of having scored in the finals of the Champions League, UEFA Cup, FA Cup and League Cup. His last-minute equaliser against West Ham United in the FA Cup final perhaps being the defining moment of an iconic career. Gerrard's momentous talent was acknowledged by his peers when he won PFA Young Player of the Year in 2000-01 and PFA Players' Player of the Year in 2005-06. Clubs: Leicester (2015-16), Chelsea (2016-2023) Premier League record: 222 appearances, 12 goals, 16 assists Unknown in England before his arrival at Leicester in 2015 (signed from Caen for £5.6m), Kante announced himself in style by playing a key role in the Foxes' legendary title-winning campaign that year. His performances resulted in a move to Chelsea the following season (£32m) where he subsequently repeated the trick, earning the PFA Player of the Year award along the way. Clubs: Nottingham Forest (1990-1993), Man Utd (1993-2005) Premier League record: 366 appearances, 39 goals, 33 assists Keane began his career in England with Nottingham Forest before joining Man Utd for a then record fee of £3.75m in the summer of 1993. Labelled the best player he ever worked with by Sir Alex Ferguson, few sportsmen have led from the front the way Keane did and it was his unwavering desire to succeed that underpinned the most successful spell in United's history. This culminated in the club's famous 1998-99 treble-winning season. Clubs: West Ham (1995-2001); Chelsea (2001-2014); Man City (2014-15) Premier League record: 609 appearances, 177 goals, 102 assists Frank Lampard's name will forever be front of mind during any conversation around goalscoring midfielders. He was signed by Chelsea from West Ham for £11m and quickly improved his all-around game. His goalscoring prowess saw him become Chelsea's all-time leading scorer (211) and fifth all time in the Premier League. Under manager Jose Mourinho, Lampard won back-to-back Premier League titles in 2005 and 2006, and was labelled 'the best in the world' by his manager. But, arguably, his greatest season came in 2009-10 when he helped Chelsea to a special league and cup double with a haul of 22 league goals - a personal best. Clubs: Man Utd (1994-2013) Premier League record: 499 appearances, 107 goals, 55 assists Local lad Paul Scholes was part of Manchester United's iconic class of '92 alongside David Beckham, Ryan Giggs, Nicky Butt and Gary and Phil Neville. A host of golden seasons at Old Trafford include 1995-96's double-winning campaign, in which he covered admirably during Eric Cantona's suspension, finishing second behind the Frenchman in the scoring charts with 14 goals. He was a cornerstone of 1999's treble winners, although suspension ruled him out of the Champions League final, and, in United's Premier League success in 2003, his 20-goal haul across all competitions (14 in the league) was vital. The most decorated player on this list with 11 league titles and two Champions League winners medals to his name. Clubs: Man City (2010-2020) Premier League record: 309 appearances, 60 goals, 93 assists Signed by Roberto Mancini from Valencia in 2010 for an undisclosed fee thought to be around £30m, David Silva was a permanent fixture in the Manchester City team for 10 years playing more than 400 games across all competitions for the Blues. El Mago (the magician) is one of the most decorated players in the club's history having won four Premier League titles, two FA Cups, five EFL Cups, and two Community Shields with the club. He is in the top 10 provider of assists in the Premier League of all time. Clubs: Man City (2010-2018) Premier League record: 230 appearances, 62 goals, 32 assists Arriving at City from Barcelona in 2010 for a fee of £24m, Yaya Toure scored a series of important goals in the 2010-2011 season. Winning goals in the FA Cup semi-final - against Manchester United - and the final - against Stoke City - culminated in the end of a 35-year-wait for Manchester City for a major trophy and followed this up in 2011-12 by playing a key role in City ending their 44-year league title drought. Clubs: Arsenal (1996-2011), Man City (2009-11) Premier League record: 307 appearances, 31 goals, 34 assists Signed by Arsenal in 1996 for just £3.6m, Patrick Vieira was somewhat of an unknown. At 6ft4 the Frenchman was a rare blend of graft and craft that made the rigours of the Premier League a non issue. His qualities were clear as he played a vital role in the Gunners' two doubles in 1997-98 and 2001-02. The crowning glory of his Premier League career came when he captained Arsenal to the Premier League's only unbeaten season and another Premier League title in 2003-04. A career full of great memories in red and white ended when his final act as an Arsenal player was to score the final penalty in their 2004-05 FA Cup win over Manchester United.
All thanks to BBC Sport
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