U.S-CHINA TRADE TALKS BEGIN IN PARIS, SETTING STAGE FOR TRUMP-XI SUMMIT. (PHOTO).

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 US-China trade talks begin in Paris, setting stage for Trump-Xi summit  U.S. and Chinese officials began high-level trade talks in Paris on Sunday, setting the stage for President Donald Trump’s upcoming visit to Beijing to meet Chinese leader Xi Jinping in about two weeks. The delegations are led by U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng. While the White House has announced Trump’s visit for March 31 to April 2, Beijing has not yet confirmed the dates. Bessent emphasized that the U.S. team aims to secure outcomes that prioritize American farmers, workers, and businesses. Over the two-day talks, the delegations will focus on trade and economic issues of mutual concern. Trump’s visit will be his first to China since his first term in 2017 and follows a one-year truce in the U.S.-China trade war agreed upon last year in Busan, South Korea. Despite the truce, tensions remain, including over a new U.S. trade investigation into 16 trading partners...
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FG TO DISTRIBUTE N25K MONTHLY ACROSS 15M HOUSEHOLDS. (PHOTO)

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 FG To Distribute N25K Monthly Across 15m Households


The Federal Government is set to distribute N25,000 monthly across 15 million households nationwide as part of measures to minimise the level of economic hardship faced by Nigerians.


Since coming to office last year, President Bola Tinubu ended fuel subsidies and currency controls, leading to a tripling of petrol prices and a spike in living costs as the naira slid against the dollar.


The policies of the current administration has subjected many Nigerians to suffer an economic crisis with soaring inflation, leaving many people struggling to afford food. Many citizens have taken to the streets to register their displeasure with Tinubu’s style of leadership.


Speaking during an exclusive interview on Channels Television, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, said the Federal Government is working to alleviate the hardship, especially for the poor and vulnerable.


“But I think the important thing to point out, at this time, is that the focus of Mr President is on keeping his promise, particularly to the poor and the vulnerable. Food prices are elevated, and the purchasing power is limited and that is what Mr President is speaking directly to through the intervention programme of direct payments of N75,000 each over three months,” Edun said.


“That is N25,000  a month to 15 million households and each household is about five people. So, that effectively provides funding for 75 million people.”

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