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Tinubu’s Big Economic Decisions Are Being Noticed Around The World — British Envoy, Richard Montgomery

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The British high commissioner to Nigeria, Richard Montgomery, says Tinubu’s “big economic decisions are being noticed”  globally.

Montgomery made this known when speaking on Wednesday during a visit to Vice-President Kashim Shettima at the presidential villa in Abuja.

Tinubu recently introduced some reforms in the oil and gas and financial sectors believed to be critical for redirecting the nation’s economy out of the woods.

The president, had on May 29, scrapped the petrol subsidy payments, sending shock waves across the country. The unification of the foreign exchange markets and the relaxing of restrictions on domiciliary accounts quickly followed.

So far, international bigwigs have lauded the policies, including David Malpass, ex-World Bank president, who said the reforms were important in curbing corruption.

Likewise, Montgomery thinks the subsidy removal and exchange rate reforms would create better investment opportunities for the country.

“The big economic decisions being taken by this government are really important and are being noticed around the world,” the UK envoy said.

“The removal of subsidy; the exchange rate reform, all of that create a much better investment environment.

“We know that there are tough times that are going on at the moment, inflation and unemployment.

“The vice-president and I also touched on some of the measures that might be possible to cushion the blow of some of these economic pressures.

“But I think the big issue is that these reforms help put Nigeria on a higher growth path; they will attract more investments and the UK and the city of London see Nigeria as a big opportunity going forward.”

Montgomery said Nigeria and the UK have established partnerships in many areas of common interest.

The envoy said he discussed the long-standing partnership between the UK and Nigeria.

“We have many areas of shared interest, including a good history of development cooperation,” NAN quoted Montgomery as saying.

“Some excellent trade and investment arrangements, and we have also had some good cooperation on security and defence.

“As many of you were seeing from recent talks, we also had good talks on home affairs and justice and we have great people-to-people links that means education.

“We also discussed a number of issues to do with how we can improve our relationships in the future.

“I think we already have a good economic dialogue, but I think there is a great potential to do more; as I discussed with the vice-president.

“I will be doing my part to try to boost those, enhance trade and investment.’

BIG STORY

Sokoto Counters Military, Says 10 Civilians Accidentally Killed In Air Strike

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The Sokoto state government says no fewer than 10 civilians were killed when a military air strike targeted suspected terrorists in Gidan Bisa village, Silame LGA of the state.

Abubakar Bawa, press secretary to Ahmed Aliyu, governor of the state, wrote in a statement issued on Wednesday.

Bawa quoted Abubakar Rana, chairman of Silame LGA, as saying that the incident occurred around 6am on Christmas Day, when two military fighter jets “mistakenly” dropped bombs on the village.

Aliyu, who was accompanied by Aliyu Wamakko, leader of the All Progressives Congress (APC) in the state, and Muhammadu Maigari Dingyadi, minister of labour and employment, attended the funeral prayers for the victims.

Consoling the villagers, the governor described the incident as “unfortunate.”

“The military jets were on their mission to eliminate criminal armed groups terrorising the state and mistakenly bombed innocent people of this community,” he said.

“We consider this a mistake because the same military had on several occasions successfully raided many criminal hideouts in the state.”

Aliyu prayed for Allah’s forgiveness for the deceased and strength for their families.

Muhammad Sifawa, secretary to the state government, announced a relief package of N20 million and 100 bags of assorted foodstuffs for the families of the deceased.

He also assured that the state government would cover the medical bills of the injured.

The military had denied reports of civilian casualties in the bombing.

Reports said air strikes conducted by the air component of Operation Hadarin Daji, targeting the Lakurawa terrorist group, had inadvertently killed civilians in the Gidan Sama and Rumtuwa communities.

However, Abubakar Abdullahi, joint media coordinator for the operation, said the strikes targeted locations confirmed to be linked to the insurgents.

“All military operations are based on thorough intelligence and reconnaissance missions to ensure precision and protect civilian lives,” Abdullahi said.

“The targets struck in the vicinity of Gidan Sama and Rumtuwa were positively identified as associated with the Lakurawa group, reinforcing the justification for the military action.”

Olusola Akinboyewa, spokesperson for the Nigerian Air Force, told TheCable that the missiles were launched following credible intelligence from multiple sources and confirmatory aerial surveillance.

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BIG STORY

Adron Homes Celebrates Christmas With Customers, Reaffirms Commitment To Bridging Nigeria’s Housing Deficit

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As the world embraces the joy and warmth of the Christmas season, Adron Homes and Properties, Nigeria’s foremost real estate company, has extended heartfelt greetings to its esteemed customers while reaffirming its commitment to addressing the nation’s housing challenges.

In a message of gratitude and celebration, Adron Homes expressed deep appreciation to its customers for their trust and loyalty throughout 2024. The company highlighted its unwavering dedication to making incredible housing affordable for all Nigerians, in line with its mission of reducing the country’s housing deficit.

“Christmas is a time to celebrate family, unity, and gratitude,” the statement read. “As we reflect on the year, we are proud to have played a role in making homeownership a reality for thousands of Nigerians. Our vision is clear—to bridge the housing deficit by providing affordable, luxurious, and secure homes for all, regardless of income level.”

Adron Homes has continued to lead the real estate industry by implementing innovative solutions that make homeownership accessible, including flexible payment plans and cost-effective housing models tailored to meet diverse customer needs.

As part of its Christmas and end-of-the-year celebration, the company has launched a special festive promotions ‘Lemon Friday’ aimed at encouraging more Nigerians to join its growing community of homeowners.

“We remain committed to transforming dreams into reality. This is not just about building homes; it’s about building futures and creating opportunities for families to thrive in a space they can call their own,” the statement added.

Adron Homes extended warm wishes to all Nigerians and its global customers, urging them to embrace the season’s spirit of love and hope. “May your homes be filled with peace, joy, and prosperity this Christmas and beyond.”

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BIG STORY

Suspected Herdsmen Kill 11 In Benue Christmas Day Attack

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No fewer than 11 people were reportedly killed on Wednesday, December, when some suspected herdsmen invaded the Ityuluv, Tse Azege, and Innyiev ya communities in Mkomon district, the Kwande Local Government Area of Benue State.

According to residents of the affected communities, the invaders were reported to have stormed the communities while residents were celebrating the Christmas season.

One of the residents, who identified himself as Terlumun, said, “The terrorist herders came this afternoon (Wednesday) when the people were celebrating Christmas and invaded our communities, killing and burning houses.”

When contacted on Thursday, the President-General of the Tiv socio-cultural group known as ‘Mdzough U Tiv Worldwide,’ Iorbee Ihagh, confirmed the attack (to The Punch) via a telephone conversation.

He said, “11 people were killed in the Christmas day attack on Mkomon district of Turan in Kwande LG. Some are still missing as I speak to you now.

“Our people were celebrating Christmas when the Fulani herdsmen invaded the communities and attacked the people.”

Ihagh said some council wards in the LG, particularly Moon council ward, had long been sacked by the herdsmen.

He called on Governor Hyacinth Alia and President Bola Tinubu to beef up security in the state.

Also, the governor’s Security Adviser on Internal Affairs and Security, Joseph Har, confirmed the attack but declined further comments.

He, however, referred our correspondent to the Director-General on Security, Gbamuam Jacob, for further information.

“It’s true. I was informed about the incident but I have forwarded the report to the Director-General on security. He’ll give you details,” Har said.

Efforts to get the DG were unsuccessful as his cellphone did not connect as of the time of filing this report.

When contacted, the spokesperson for the Benue State Police Command, Catherine Anene, said she had yet to receive any reports about the incident.

“I’m yet to receive a report about that,” Anene said.

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