Headline
Nigerian Senate Exonerates Finance Ministry Of Withholding Funds From MDAs

The Nigerian Senate, on Friday, ruled out the allegation that the Federal Ministry of Finance was not releasing funds to Ministries, Departments and Agencies (MDAs) of government, for the purpose of executing their budgets.
Rather, the Senate Committee Chairman on Appropriation, Senator Jibrin Barau argued that the MDAs have enjoyed prompt release of recurrent and capital overhead funds this year.
Some Heads of MDAs, during the ongoing 2022 budget defence exercise before the National Assembly, had alluded that lack of release of funds was amongst issues affecting the poor budget performance in the 2021 fiscal year.
But Senator Barau, while addressing journalists in National Assembly on Friday, admitted that his committee has been monitoring the release of funds, saying, “the Ministry has done well.”
According to him, he chaired the Committee on Appropriation at the lower legislative chambers years back, but what he is seeing showed that the present administration was doing well enough in the release
of funds, notwithstanding that some parastatals would have to fulfill procurement requirements in order to access funds.
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“I don’t think that is correct as far as I know of capital releases to Ministries, Agencies and Department of Government. The Federal Ministry of Finance has done very well in prompt release of funds for execution of capital projects.
“They are doing very well, but the problem lies with some agencies of government that were yet to conclude procurement processes for execution of capital projects. As far as I know as the Senate Committee Chairman on Appropriation, there is so much money in accounts of some MDAs.
“In respect to implementation of the 2021 by the various agencies that have appeared before the various Committees so far, I think there was no problem so far. There’s also no problem accessing funds already
released and anything contrary is not correct.
“I want to recall that the budget performance for last year was 100 hundred percent and this year, from what the Committee on Appropriation has discovered, they are doing well such that by December when the lifespan of the 2021 would expire, they would have had 100% performance too.
“I was chairing this Committee between 1999 to 2003 and I know the difference between now and then, it hadn’t been so good like this”, Senator Barau said.
Meanwhile, the Senate President, Dr. Ahmad Ibrahim Lawan had on Wednesday announced that agencies of government have only one week to finalize their budget defence.
Lawan stated at the close of plenary, saying that any Ministry that fails to defend its budget within one week would not have opportunity to do so anymore.
Headline
US Opposes Palestinian State Recognition, Says It’s Reward For Hamas

United States President Donald Trump and his French counterpart, Emmanuel Macron, met on Tuesday on the sidelines of the United Nations General Assembly, where they discussed differing views on the future of Gaza and Palestinian statehood.
CNN reports that Trump rejected the two-state solution to the crisis in Gaza, saying the idea portrays “reward” for Hamas.
France recently joined the United Kingdom, Canada, Australia and Portugal to officially recognise the Palestinian state.
Trump opened the Tuesday bilateral meeting by praising Macron’s diplomatic efforts, claiming the French leader had helped him prevent global conflicts.
“Emmanuel has actually helped me with a couple of the wars,” Trump said, in response to Macron’s recent remark that if the US president wants a Nobel Peace Prize, he should “put an end to the war in Gaza.”
When asked about Palestinian statehood, and his latest remarks, it would be a “gift to Hamas,” Trump again pushed back strongly.
“Well, I think it honors Hamas, and you can’t do that because of October 7. You can’t do that. But we want our hostages back,” Trump said.
“You always have to remember, people forget October 7 was one of the most savage days in the history of the world,” the US president said.
In response, Macron, seated beside Trump, emphasised that recognising a Palestinian state does not mean ignoring Hamas’ October 2023 attacks on Israel.
The Gaza war is an armed conflict in the Gaza Strip and Israel, fought since October 7, 2023, when the Hamas militant group attacked Israel, which has since launched offensive in the Gaza Strip in retaliation.
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Saudi Arabia’s Grand Mufti Is Dead

The Grand Mufti of Saudi Arabia, Sheikh Abdulaziz, has died at the age of 82.
According to a statement from the Royal Court, the revered cleric passed away on Tuesday morning.
Born in Mecca in November 1943, Sheikh Abdulaziz rose to become one of the most influential religious authorities in the Kingdom.
He served as head of the General Presidency of Scholarly Research and Ifta, as well as the Supreme Council of the Muslim World League.
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He was the third cleric to occupy the office of Grand Mufti after Sheikh Mohammed bin Ibrahim Al Shaikh and Sheikh Abdulaziz bin Baz.
In its tribute, the Royal Court said King Salman and Crown Prince Mohammed bin Salman had extended condolences to the Sheikh’s family, the people of Saudi Arabia, and the wider Muslim world.
“With his passing, the Kingdom and the Islamic world have lost a distinguished scholar who made significant contributions to the service of science, Islam, and Muslims,” the statement read.
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A funeral prayer is scheduled to be held at the Imam Turki bin Abdullah Mosque in Riyadh after the Asr prayer on Tuesday.
King Salman has also directed that funeral prayers be observed simultaneously at the Grand Mosque in Makkah, the Prophet’s Mosque in Medina, and in all mosques across the Kingdom.
The Grand Mufti is regarded as Saudi Arabia’s most senior and authoritative religious figure. Appointed by the King, the officeholder also chairs the Permanent Committee for Islamic Research and Issuing Fatwas.
Headline
Antitrust Trial: US Asks Court To Break Up Google’s Ad Business

Google faces a fresh federal court test on Monday as US government lawyers ask a judge to order the breakup of the search engine giant’s ad technology business.
The lawsuit is Google’s second such test this year, following a similar government demand to split up its empire that was shot down by a judge earlier this month.
Monday’s case focuses specifically on Google’s ad tech “stack” — the tools that website publishers use to sell ads and that advertisers use to buy them.
In a landmark decision earlier this year, Federal Judge Leonie Brinkema agreed with the US Department of Justice (DOJ) that Google maintained an illegal grip on this market.
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Monday’s trial is set to determine what penalties and changes Google must implement to undo its monopoly.
According to filings, the US government will argue that Google should spin off its ad publisher and exchange operations. The DOJ will also ask that after the divestitures are complete, Google be banned from operating an ad exchange for 10 years.
Google will argue that the divestiture demands go far beyond the court’s findings, are technically unfeasible, and would be harmful to the market and smaller businesses.
“We’ve said from the start that DOJ’s case misunderstands how digital advertising works and ignores how the landscape has dramatically evolved, with increasing competition and new entrants,” said Lee-Anne Mulholland, Google’s Vice President of Regulatory Affairs.
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In a similar case in Europe, the European Commission, the EU’s antitrust enforcer, earlier this month fined Google 2.95 billion euros ($3.47 billion) over its control of the ad tech market.
Brussels ordered behavioral changes, drawing criticism that it was going easy on Google as it had previously indicated that a divestiture may be necessary.
This remedy phase of the US trial follows a first trial that found Google operated an illegal monopoly. It is expected to last about a week, with the court set to meet again for closing arguments a few weeks later.
The trial begins in the same month that a separate judge rejected a government demand that Google divest its Chrome browser, in an opinion that was largely seen as a victory for the tech giant.
That was part of a different case, also brought by the US Department of Justice, in which the tech giant was found responsible for operating an illegal monopoly, this time in the online search space.
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Instead of a major breakup of its business, Google was required to share data with rivals as part of its remedies.
The US government had pushed for Chrome’s divestment, arguing the browser serves as a crucial gateway to the internet that brings in a third of all Google web searches.
Shares in Google-parent Alphabet have skyrocketed by more than 20 percent since that decision.
Judge Brinkema has said in pre-trial hearings that she will closely examine the outcome of the search trial when assessing her path forward in her own case.
These cases are part of a broader bipartisan government campaign against the world’s largest technology companies. The US currently has five pending antitrust cases against such companies.
AFP
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