Day: April 10, 2018

China warns US against cold war mentality

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Amidst trade war with U.S President Donald Trump, Chinese President Xi Jinping has warned against returning to a “Cold War mentality”. “In today’s world, the trend of peace and cooperation is moving forward and a Cold War mentality and zero-sum game thinking are outdated.” As the trade war rages, Xi vowed to open sectors from banking to auto manufacturing. Xi said China would increase imports, lower foreign-ownership limits on manufacturing and expand protection to intellectual property. Xi cited the measures while saying China was entering a “new phase of opening…

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Nigerian sprinter Seye Ogunlewe begs President Buhari to invest on athletes

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Nigerian sprinter, Seye Ogunlewe on Monday pleaded with President Mohammadu Buhari to invest more in sport so as to get the best in Nigerian athletes at the world stage. Ogunlewe said he wished there was the opportunity to meet with Buhari so that he could tell how Team Nigeria have been poorly funded prior to the Commonwealth Games in Australia. Ogunlewe who finished fourth in the 100m final on Monday was responding to Buhari’s earlier congratulatory message on his verified Twitter handle to him and Enoch Adegoke for making it…

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US Senator Tammy Duckworth gives birth at 50

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US Senator Tammy Duckworth on Monday gave birth to a baby girl, making history as the first member of the Senate to have a baby while in office. “Bryan, Abigail and I couldn’t be happier to welcome little Maile Pearl as the newest addition to our family,” Duckworth, 50, said in a statement. The milestone by the Illinois Democrat makes her the 10th member of Congress to give birth while in office. The other nine women were members of the House of Representatives when they had their babies. Duckworth was…

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2019: Let the others simply run away

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There are two options for those in contention for the presidency in 2019: run, or run away. Now that President Muhammadu Buhari has indicated his intention to run, dwarfs trying to wear a giant’s shoes should simply run away. The cat has returned from a journey, let the rats scamper for safety. Show clean pairs of heels? But this is a democracy! Everybody is free to run in the direction he or she fancies. True. So, what I’ve said is mere advice, which they can take, or choose not to…

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Zuckerberg to US Congress: Facebook mistake mine, I am sorry

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Under fire Facebook CEO Mark Zuckerberg will apologise to US Congress this week for not “taking a broad enough view of our responsibility,” according to a prepared statement released Monday by the House Committee on Energy and Commerce. According to the Daily Beast, Zuckerberg, who will testify before Congress on Tuesday and Wednesday, wrote that it was “clear now that we didn’t do enough to prevent these tools from being used for harm as well. That goes for fake news, foreign interference in elections, and hate speech, as well as…

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Godwin Emefiele: Why central bank retained monetary policy rates

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The Central Bank of Nigeria (CBN) on Monday said its Monetary Policy Committee (MPC) opted to retain monetary policy rates to rein in inflation and stabilise the economy. Inflation, which is the aggregate cost of goods and services over a period, dropped from a high of over 18 per cent in January 2017 to about 14.33 per cent at the end of last month. Even at the current level, analysts say inflation is still high, and would need to drop to single digits before any intervention in the prevailing Monetary…

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Excess Crude Account is not president’s ATM

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The Nigerian Governors’ Forum, NGF, under the chairmanship of Governor Abdulaziz Yari of Zamfara State is in the pocket of President Muhammadu Buhari. To be fair to the President, he never made any effort to pocket it. Buhari has been very avuncular to the governors irrespective of their political parties, offering the states financial bailouts and refunding them their Paris Club debt overpayments. He has done well on that count. Apart from Governor Ayo Fayose of Ekiti State who has chosen to be outspoken as an opposition Peoples Democratic Party,…

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President Buhari: Why I’m seeking re-election

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President Muhammadu Buhari at the APC NEC meeting on Monday explained why he would seek re-election in 2019. Buhari, who is already 75 years, said he was responding to the clamour by Nigerians to re-contest in 2019, adding that he wanted to give NEC members the honour of notifying them first. Before making the declaration, the President gave his speech on the report of the APC National Executive Technical Committee. According to Governor Simon Lalong of Plateau who briefed journalists after the meeting, the President made known his second term…

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Wife of Swazi king commits suicide

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The eighth wife of Swaziland King Mswati III, Ms Senteni Masango, has committed suicide, local media confirmed. “The king’s wife is believed to have overdosed on about 40 amitriptyline capsules – widely used to block the long-term (chronic) pain of some rheumatic conditions and treat depression and related disorders,” online publication News24 reported. Ms Masango – known as Inkhosikati LaMasango –was found dead early on Friday morning and she was buried on Sunday morning. Senteni Masango, late wife of Swazi King King Mswati III chose Ms Masango as his eighth…

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China the rainmaker, to force rainfall over an area 2X Nigeria

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China is almost set to force rainfall and snow over 1.6 million sq km (620,000 sq miles), an area roughly three times the size of Spain or twice the size of Nigeria(923,768 Sq.kms) According to media reports, the government will use new military weather-altering technology developed by the state-owned China Aerospace Science and Technology Corporation. Since 2013 China has created 55 billion tons of artificial rain a year. The latest plan is the biggest rainmaking project ever. The country plans to build tens of thousands of combustion chambers on Tibetan…

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