Vice President Kamala Harris unveiled an economic agenda on Friday, outlining plans to combat inflation, reform the housing market, and provide tax relief for middle-class families. Tackling Inflation Harris’ plan includes a federal ban on price gouging for groceries and other essentials, a move she argues will counteract the negative effects of corporate consolidation in the food industry. While some economists, like Lindsay Owens of the Groundwork Collective, support the initiative, others caution that such measures could lead to shortages and unintended economic consequences. Steven Hamilton, an economics professor at George Washington University, points out that while corporate power may…
Author: Omolemi Eboisetale
US President Joe Biden has stated that a peace deal between Israel and Hamas is “much, much closer” following ongoing ceasefire talks in Doha. Although the deal is not yet finalized, Biden expressed optimism, indicating that progress made during the talks has brought the two sides nearer to an agreement than ever before. The talks, which paused on Friday, will resume next week as negotiators continue to seek an agreement to end the ongoing conflict in Gaza and secure the release of remaining hostages. While President Biden highlighted the significant progress, he cautioned against premature optimism, stating, “We may have…
Osun State Governor, Ademola Adeleke, has declared Tuesday, August 20, 2024, a public holiday in celebration of Isese Day. The holiday, recognized for the observance of traditional religion, aligns with the United Nations’ designation of August 20 as World Traditional Religion Day. The declaration, made through a statement issued by the Commissioner for Home Affairs, Abdul-Rasheed Aderibigbe, continues a tradition in Osun State that dates back to 2012 when the administration of Ogbeni Raufu Aregbesola first adopted the day as Isese Day. This annual observance allows traditionalists across the state to commemorate their beliefs. Governor Adeleke approved the holiday to…
The General Superintendent of the Deeper Christian Life Ministry, William Kumuyi, has appealed to Nigerians to make sacrifices for one another as change agents rather than being self-centred. Kumuyi made this appeal on Saturday night in Port Harcourt during a Global Men’s Conference organised by Change Makers International. Kumuyi, who is the Convener of CMI, spoke on “Refreshing and Refining Change Makers”. He said that when a man experiences refreshing, he gains a new perspective and sees things in a fresh light. According to him, when a man allows God to mould his life, he emerges refined (Isaiah 28:12). “There…
The Economic and Financial Crimes Commission (EFCC) has detained Jalal Arabi, the Chairman of the National Hajj Commission of Nigeria (NAHCON), and Abdullahi Kontagora, the commission’s secretary, in connection with the alleged mismanagement of the N90 billion 2024 Hajj subsidy. The EFCC’s investigation revealed that Arabi fraudulently overpaid himself and other officials, with a total of SR314,098 recovered from them. The investigation also uncovered that SR8,614,175.27 in cash withdrawals from the commission’s funds remains unaccounted for. Documents from the EFCC indicate that Arabi was entitled to SR15,929 but received SR50,000, while other officials similarly received excess payments. The…
Dubai, a city synonymous with luxury, innovation, and cultural diversity, is a top destination for travelers from around the world. Known for its breathtaking skyscrapers, pristine beaches, and world-class shopping, Dubai offers a unique blend of modernity and tradition. Whether you’re planning a family vacation, a romantic getaway, or a business trip, Dubai has something to offer everyone. Marvel at the Architectural Wonders Dubai is home to some of the most awe-inspiring structures in the world. The Burj Khalifa, standing at an astounding 828 meters, is not only the tallest building globally but also a symbol of Dubai’s ambition and…
Former presidential candidate and renowned economist, Kingsley Moghalu, has criticized Africa’s heavy emphasis on Gross Domestic Product (GDP) growth, describing it as a “misguided worship” that has stifled the continent’s true development potential. Moghalu expressed his concerns in a statement on Saturday via X, urging African leaders to adopt a more holistic approach to development. Moghalu argued that the narrow focus on GDP alone has impeded Africa’s progress and outlined five key pillars essential for the continent’s sustainable development. He emphasized the need for an “endogenous mindset” that prioritizes African development from within, a shift he believes is crucial for…
To address the shortage of teachers and improve the quality of education in the state, the Edo State Government has recruited 5,500 teachers to fill vacancies in primary and junior secondary schools. This recruitment aligns with the directive of the Governor of Edo State, Godwin Obaseki, and is part of a broader strategy to bolster the educational system. The Executive Chairman of the Edo State Universal Basic Education Board (SUBEB), Ozavize Salami, announced the recruitment on Friday in Benin, the state capital. According to Salami, the new teachers, selected through a rigorous process, will fill identified gaps in schools across…
The Ondo State Governor, Lucky Aiyedatiwa, has distributed 18,000 bags of fertiliser to farmers in the state. Aiyedatiwa, who unveiled the distribution on Friday in Akure, the state capital lauded President Bola Tinubu for supporting the state with different relief materials. The governor said the fertilisers would be distributed across the 18 local governments of the state. He said 5,520 bags of NPK 20-10-10; 4,140 bags of NPK 27-13-13; 4,140 bags of NPK 15-15-15; and 4,200 bags of Urea fertiliser would be distributed to the farmers. According to Aiyedatiwa, the battle against hunger should be a collaborative effort, saying that…
The Federal Airports Authority of Nigeria (FAAN) has announced plans to establish magistrate courts at airports across the country to combat touting and ensure immediate prosecution of rule violators. During a meeting held on Friday in Abuja between FAAN management and heads of security agencies at the Nnamdi Azikiwe International Airport, Abuja, FAAN’s Managing Director/Chief Executive, Mrs. Olubunmi Kuku, emphasized the challenges posed by touts and unauthorized individuals loitering around airport premises. She expressed concern that such activities compromise the safety and comfort of genuine airport users. “There are people who have absolutely no business being at the airport, and…
Resident doctors at University College Hospital, Ibadan, on Friday, staged a peaceful protest to demand for the immediate release of their colleague, Dr Ganiyat Popoola and her nephew, Abdul-Mugniy Folaranmi. The News Agency of Nigeria (NAN) reports that Popoola, a Senior Registrar in the Department of Opthalmology, National Eye Centre, Kaduna, was abducted on Dec. 27, 2023 alongside her husband and nephew. While her husband was released in March, Ganiyat and her nephew have since remained in captivity. NAN also reports that National Association of Resident Doctors had threatened to embark on nationwide strike if their abducted colleague was not…
Senator JD Vance (R-Ohio) and Minnesota Governor Tim Walz (D) have confirmed a vice-presidential debate scheduled for October 1, 2024, hosted by CBS News. This debate will be the first of at least one televised face-off between the Republican and Democratic vice-presidential candidates before the general election in November. At a campaign event in New Kensington, Pennsylvania, Vance expressed his enthusiasm for the debate, stating, “I think we ought to do as many debates as we possibly can.” He also revealed that CNN had extended an invitation for a mid-September debate, which he accepted. CBS News proposed four potential dates…