AFRICA AND RUSSIA ARE NATURAL ALLIES - PUTIN. (PHOTO).

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 Africa and Russia are natural allies - Putin Russian President Vladimir Putin courted dozens of African leaders at a Russia-Africa summit that wraps up Thursday as he seeks to bolster Moscow’s clout across the continent. Speaking during a meeting in the Kremlin on the second day of the summit, Putin said that “Russia and Africa are united by truly strong bonds of friendship and close partnership.” “We are natural allies in building a multipolar, genuinely democratic world order, free from diktat and double standards and based on respect for the norms of international law and the fundamental principles of the United Nations Charter,” Putin said, AP reported. He mentioned Moscow’s support for the African nations’ anti-colonial fight during Soviet times. “Russia has always been and remains committed to seeing African nations defend their sovereignty, achieve steady growth, and strengthen their economies and social sectors,” the Russian leader said. “We stand ready to continue working...
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SUBSIDY REMOVAL: NEC DECIDES ON PALLIATIVE MEASURES FOR NIGERIANS. (PHOTO).

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Subsidy Removal: NEC Decides On Palliative Measures For Nigerians 

Following the removal of the petrol subsidy and the recent hike in petrol prices to up to N617/litre, the National Executive Council (NEC) has agreed on palliative measures for Nigerians.

The decision was reached on Thursday at a meeting held at the Council Chambers of the State House in Abuja.

The meeting, which was chaired by Vice President Kashim Shettima, has in attendance governors of the 36 states of the Federation, the Director General of the Nigerian Governors’ Forum, as well as stakeholders from the World Bank and other agencies of government.

NEC also considered integrity tests on state social registers, cash transfers would be done via state social registers subject to state peculiarities.

During the meeting, government officials were urged to reduce the cost of governance in their various spheres. This is even as the Federal Government initiated a six-month cash award policy for public servants.

Food items grains and fertilisers are to be distributed by state governments at the rate acquired from National Emergency Management Agency (NEMA) and states are urged to double down on energy transition plans in the transport sector.

This is the second meeting of the Council and it is expected to deliberate on the reviewed palliative package for Nigerians following the removal of petrol subsidy as well as the hike in fuel price.

President Bola Tinubu had unveiled his administration’s plan for a monthly N8,000 transfer to 12 million of the poorest households in the country for six months, in a bid to cushion the effects of the removal of fuel subsidy.


 

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