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Former Vice President Atiku Abubakar has urged Nigerians in the diaspora to stay resilient and hopeful for a brighter future for the country.
Speaking during a virtual interactive session with some Nigerians in the diaspora on Saturday, September 7, Atiku said the state of the economy has led to untold hardship for millions of Nigerians, and the poverty index continues to rise.
He, however, urged Nigerian citizens not to give up on the nation despite the current socio-economic challenges.
“I urge you not to give up just yet. Your strength and resilience are crucial to Nigeria’s future.
As Nigerians living abroad, you have a unique perspective on what good governance and economic management look like.
I encourage you to continue to pray for Nigeria’s deliverance. Your prayers and support can help bring about the transformation we need.
I believe in the potential of our great nation, and I know that with collective effort, we can overcome the current challenges and build a prosperous Nigeria for all,” he said.
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The campaign trail of Senator Monday Okpebholo, the APC governorship candidate, has been hit by yet another violent incident, allegedly carried out by thugs loyal to the PDP. This latest attack occurred as Okpebholo’s campaign team arrived at Ugbekpe Ekperi Ward 6 in Etsako Central local government, following successful rallies in Anegbette and Udaba.
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Former President Donald Trump laid out some of his economic proposals on the campaign trail this week, focusing on increasing tariffs and cutting spending.
Speaking Thursday at the Economic Club of New York, the Republican presidential candidate outlined proposals focused on reducing regulations, increasing energy production, boosting tariffs, and cutting taxes, which he said would help bring down inflation and create jobs.
Tariffs on goods made in other countries were a major element of Trump’s economic plan, though he said he would later announce more specifics about the amount of tariffs he would pursue.
Trump said the domestic automobile industry, along with the American steel, aluminum, and defense industries, would benefit from the tariffs.
“A combination of fair trade, tax cuts, regulatory cuts and energy abundance will allow us to produce more goods, better and cheaper, right here in the U.S.A.,” Trump said.
In the past, Trump has proposed imposing tariffs of 60% or more on Chinese imports, as well as across-the-board tariffs of between 10% and 20%. Economists have said merchants would likely pass on any increased tariffs to consumers under that proposal.
Another centerpiece of the proposal was to create a “government efficiency commission” to look for ways to reduce wasteful spending. Trump said he got the idea from Tesla CEO Elon Musk and would ask him to head the commission.
His plan to reduce regulations included eliminating 10 regulations for every new regulation introduced. Trump also pledged to make America the “world capital” for bitcoin and cryptocurrencies, though offered no specific details on policy changes to enact that plan.
Trump also emphasized his plans to increase oil production, saying he would use emergency powers to push through new oil drilling, refinery construction, new power plants and other projects to increase output.
Another of Trump’s planks was to eliminate spending on the “Green New Deal” and take back unspent dollars set aside in the Inflation Reduction Act, which included funding for clean energy projects.
To encourage housing production, Trump said that if he was elected, the government would open up large tracts of federal land for housing development.
Trump said he would keep in place tax cuts set to expire in 2025. He also reiterated his plan to eliminate taxes on tips and on Social Security payments.
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The federal government has introduced a N50 Electronic Money Transfer Levy (EMTL) on every inflow of N10,000 or more received by customers of Fintech companies such as Opay, Moniepoint, and others.
In a notice to its customers on Saturday, September 7, the online payment platform stated that the charges in line with the Federal Inland Revenue Service (FIRS) regulations, will take effect from September 9, 2024.
“Dear valued customers, please be informed that starting September 9, 2024, a one-time fee of N50 will be applied for electronic transfer of N10,000 and above paid into your personal or business account in compliance with the Federal Inland Revenue Service regulations.
It is important to note that OPay does not benefit from these charges in any way as it is directed entirely to the Federal Government,” the notice reads.
Similarly, Moniepoint, in a terse notification to its customers on Saturday, said: “A N50 fee would be charged on inflows you receive of N10,000 and above from Monday, September 9, 2024. Your BRM is available to answer questions you might have.”
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A landlord’s notice to his tenants has gone viral after he made a statement asking the couples among themselves to be considerate about how they raise their voices when making out with their partners.
A picture of the written notice was shared by a social media user, which has brought about mixed reactions by netizens.
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A photographer has recounted how he was instructed to stop editing pictures of a married couple her took at their wedding because the couple had decided to break up just 24 after walking down the aisle.
He shared his experience while reacting to a post by another photographer who lamented the alarming rate at which newly married couples are breaking up.
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