COAS DEEPENS VETERAN ENGAGEMENT, REAFFIRMS COMMITMENT TO TROOP WELFARE, ARMY TRANSFORMATION. (PHOTOS). #PRESS RELEASE.

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 COAS DEEPENS VETERAN ENGAGEMENT, REAFFIRMS COMMITMENT TO TROOP WELFARE, ARMY TRANSFORMATION The Chief of Army Staff (COAS), Lieutenant General Waidi Shaibu, has reaffirmed the commitment of the Nigerian Army to the welfare of serving and retired personnel, while advancing ongoing reforms aimed at building a more professional, adaptable, technologically enabled and combat-ready force. The COAS stated this on Thursday, 17 September 2026, when he received members of the Executive Committee of the Course 39 Nigerian Defence Academy (NDA) United Welfare Association (UWA), led by its President, Air Vice Marshal Ibikunle Daramola (Rtd), on  a courtesy visit to Army Headquarters, Abuja. Lieutenant General Shaibu described sustained engagement with retired officers and veterans as an important pillar of institutional development, noting that their wealth of operational experience, professional knowledge and leadership expertise remains valuable to the Nigerian Army. He added that such...

UKRAINE ESTIMATES $565BN AS COST OF DAMAGE CAUSED BY RUSSIAN INVASION. (PHOTOS).


Ukraine Estimates $565bn As Cost Of Damage Caused By Russian Invasion

The Ukrainian government estimated Monday the economic damages losses from the Russian invasion, which has been underway for just over one month, at nearly $565 billion.
Economy Minister Yulia Svyrydenko said on Facebook that the $564.9-billion (515.8-billion-euro) estimate includes immediate damage plus expected losses in trade and economic activity.

"It should be noted that every day the numbers change and unfortunately they are increasing," said Svyrydenko, who is also a deputy prime minister.

Damage to public and private property -- with Russian forces resorting to fierce bombardments that have levelled some cities as their invasion, which began February 24, has stalled -- was the biggest element.

Svyrydenko said public infrastructure losses -- including damaged roads, railways and airports -- totalled $119 billion, while damage to private property including housing was up to $90.5 billion.
Damages and losses suffered by private firms were put at $80 billion.

Svyrydenko estimated gross domestic product in 2022 would be down by $112 billion, which would be a drop of more than 55 percent of Ukraine's economic activity last year.
Ukraine's government will likely miss out on $48 billion in tax revenue, $54 billion in foreign direct investment will likely not materialise.

AFP

Photo Credit: ForeignPolicy.
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