Headline

Obaseki Links Rising Inflation To Nation’s Inability To Produce, Export

Published

1 year ago

June 23, 2024

Governor Godwin Obaseki of Edo State has linked Nigeria’s persistent rising inflation to the country’s inability to consistently produce and export goods and services, noting that the trend continues to affect the nation’s economy negatively.

Obaseki said this while receiving representatives from the World Bank led by the organization’s Task Team Leader (TTL) for the Agro-Processing, Productivity Enhancement, and Livelihood Improvement Support (APPEALS) Project in Nigeria, Manievel Emmanuel Sene, who were on a courtesy visit at the Government House, Benin City, the Edo State capital.

Other members of the group at the entourage of the World Bank delegation include the Commissioner for Agriculture and Food Security, Hon. Stephen Idehenre; his Permanent Secretary and staff from his Ministry, and the National Project Coordinator Livestock Productivity and Resilience Support Project (L-PRES) Sanusi Abubakar, among others.

The team is in Benin City for the 3rd World Bank implementation mission.

The governor noted that the greatest problem of Nigeria is that the country is not producing enough for importation with no import buffers.

He said, “Nigerians are in a dire situation and one reason why we are having high food inflation is because of low production as we don’t have any foreign exchange anywhere to substitute with imports. We are not producing enough; that is the greatest problem facing Nigeria.

“Whatever we are producing is very low as a Country and people now don’t have import buffers anymore. When you fly into Countries around the world, from their airspace you will see farm demarcation but the same can’t be said of Nigeria.”

Obaseki, while noting that the state is a hub in the country, said the reforms in the last seven and a half years are geared towards repositioning the state for economic growth and development, ensuring the influx of investors to boost the internally generated revenue.

Obaseki added, “Commercialization is important to us so that when we produce, there is a ready market and linkage of the product to those that need it. I want to know and see those real farmers producing in the State, what they are producing and the size of the market.

“We have people who have invested, but they are not making money not because there is no demand but the capacity and sincerity to go ahead. We have given people money for livestock farming but it failed. It’s not about money again but capacity and sincerity.”

The World Bank Task Team Leader said the Bank focused on three outcomes which include productivity, commercialization and resilience.

Headline

92-year-old Convicted For 1967 Killing In UK’s Oldest Cases

Published

57 minutes ago

June 30, 2025

Editor

A 92-year-old British man was convicted on Monday for a rape and murder committed nearly 60 years ago, in one of the UK’s longest-running cold cases.

Ryland Headley was found guilty by a UK court for raping and killing 75-year-old Louisa Dunne after breaking into her house in Bristol, southwest England in June 1967, when he was 34 years old.

It is “one of the oldest cold cases to ever be solved in the UK”, the Crown Prosecution Service (CPS), which brings criminal prosecutions, said.

Local police reopened the case in 2023 and matched DNA from the victim’s skirt and other items from the original probe to Headley, who had also served a prison sentence for raping two elderly women in 1977.

He is due to be sentenced by a judge at Bristol Crown Court on Tuesday.

During the initial investigation, police had found a left-hand palm print from Dunne’s home, where she was found dead from strangulation.

The palm print was compared to 19,000 men to no avail.

At the time, Headley was a railway worker who lived just outside the area in which men and boys were asked to give prints.

Reaching a dead-end, police sealed away forensic evidence for half a century. Both DNA testing and later Headley’s palm print resulted in matches.

When Headley was arrested at his home last November, he told detectives: “I don’t know what you are talking about. Very strange, very strange.”

“For 58 years, this appalling crime went unsolved and Ryland Headley, the man we now know is responsible, avoided justice,” said Charlotte Ream of the CPS.

Following the conviction, Dunne’s granddaughter Mary Dainton said her death had a “far-reaching impact throughout my family”.

“I was just 20-years-old when my grandmother died and I’m now almost the same age as she was when she was killed,” Dainton said outside court.

Police said they were now looking into other possible cold cases Headley could be linked to.

“Ryland Headley has now been convicted of three rapes of elderly women within their own addresses, and in the case of Louisa Dunne, her murder as well,” Dave Marchant of Avon and Somerset Police told the PA news agency.

“I think there’s every possibility that there are other offences out there – over the 60s, 70s, however long a time period – which Mr Headley could be culpable for.”

Headline

Hope Dashed As Norwegian Company Apologizes For ‘Mistakenly Telling’ Thousands They Won Big On Lottery

Published

2 hours ago

June 30, 2025

Editor

A Norwegian lottery company on Monday apologised to 47,000 crestfallen gamblers who were mistakenly told they had won huge sums in a lottery, the firm blaming a currency conversion error.

State-owned gambling group Norsk Tipping said they had published incorrect prize amounts after a Eurojackpot draw on Friday because of an error converting from euro cents to Norwegian kroner.

The winnings had been multiplied by 100 instead of being divided by 100, the company said.

Among the disappointed was Ole Fredrik Sveen, who was on holiday in Greece when he received a message from Norsk Tipping that he had won 1.2 million kroner ($119,000).

“I thought: ‘Wow, is it finally my turn? Could it be true?’ I go onto the Norsk Tipping website, and there it says in black and white: ‘Congratulations, you have won!’,” Sveen told public broadcaster NRK on Monday.

In reality, he had won 125 kroner ($12).

On Monday, Sveen and the 47,000 others received apologies by text message from Norsk Tipping for the snafu.

“The apology was a poor consolation. They should have sent it out after the mistake, not today,” he said.

The Lottery Authority said Monday it had launched a review to determine if gambling laws had been broken, and Culture Minister Lubna Jaffery called the error “totally unacceptable”.

The firm’s chief executive Tonje Sagstuen resigned on Saturday after the scandal, leaving acting chief executive Vegar Strand to apologise on Monday.

Strand said his company’s state ownership made the mistake particularly problematic, noting that the firm was “entirely dependent on the trust of the population”.

“We have deeply disappointed our customers and take full responsibility for rectifying the situation. Such errors are serious for a company that is supposed to manage the trust of Norwegians,” Strand said.

“The work to rebuild trust again has the highest priority going forward.”

AFP

Headline

Musk Renews Attack On Trump, Says ‘Big, Beautiful Bill Utterly Insane’

Published

2 hours ago

June 30, 2025

Editor

Tech entrepreneur Elon Musk has renewed his public criticism of United States President Donald Trump, taking aim at the administration’s controversial “Big, Beautiful Bill,” which recently cleared a critical hurdle in the Senate, TIMES reported.

In a post on X on Saturday, Musk denounced the 940-page legislative package as economically harmful, claiming it would severely damage emerging industries while supporting outdated sectors.

“The latest Senate draft bill will destroy millions of jobs in America and cause immense strategic harm to our country,” he wrote to his more than 220 million followers.

He further described the legislation as “utterly insane and destructive.”

The senate narrowly voted 51–49 to advance the bill on Saturday night, following extended negotiations among Republicans. Vice President J.D Vance was present to cast a tie-breaking vote, though it was ultimately not required.

Musk, who once served as head of the Department of Government Efficiency under Trump, left the administration after a high-profile fallout and has since emerged as one of the bill’s fiercest opponents.

He described the measure as “political suicide” for Republicans and warned that it would raise the national debt ceiling by $5 trillion — the largest such increase in US history. “America is in the fast lane to debt slavery,” he added.

Responding in an interview aired Sunday on Fox News Sunday Morning Futures, Trump attempted to defuse the tension. “I haven’t spoken to him much, but I think Elon is a wonderful guy,” he said. Trump also suggested Musk’s frustration stemmed from disagreements over recent changes to electric vehicle mandates.

Musk’s opposition to the bill is not new. Earlier in June, he urged Americans to contact their representatives, calling the legislation a “massive, outrageous, pork-filled Congressional spending bill.”

Despite the bill’s advancement in the Senate, it faces continued resistance. Senate Democrats have slowed proceedings by demanding the entire bill be read aloud in protest.

“If Senate Republicans won’t tell the American people what’s in this bill, then Democrats are going to force this chamber to read it from start to finish,” said Senate Democratic Leader Chuck Schumer