NIGERIA POSTS $6.83 BILLION BALANCE OF PAYMENTS SURPLUS IN 2024, SIGNALING ECONOMIC RESURGENCE AND VALIDATING RENEWED HOPE AGENDA. (PHOTOS). #PRESS RELEASE

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 Nigeria Posts $6.83 Billion Balance of Payments Surplus in 2024, Signaling Economic Resurgence and validating Renewed Hope Agenda  The Central Bank of Nigeria (CBN) has announced a Balance of Payments (BOP) surplus of $6.83 billion for the 2024 financial year, marking a decisive turnaround from deficits of $3.34 billion in 2023 and $3.32 billion in 2022. This improvement reflects the impact of wide-ranging macroeconomic reforms, stronger trade performance, and renewed investor confidence in Nigeriaā€™s economy. Stronger Trade and External Account Performance The current and capital account recorded a surplus of $17.22 billion in 2024, underpinned by a goods trade surplus of $13.17 billion. Petroleum imports declined by 23.2% to $14.06 billion, while non-oil imports fell by 12.6% to $25.74 billion. On the export side, gas exports rose by 48.3% to $8.66 billion, and non-oil exports increased by 24.6% to $7.46 billion. Remittance inflows remained resilient, with personal remittanc...

CLAIM THAT TIV MEN OFFER WIVES TO VISITORS FOR SEX IS MALICIOUS- COURT. (PHOTO).


 Claim That Tiv Men Offer Wives To Visitors For Sex Is Malicious -Court

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The High Court of Benue State in Makurdi has declared as malicious the claim that Tiv men offer their spouses to male guests for sexual pleasure under Tiv native law and custom.


The court made the declaration on Tuesday in a judgement delivered by the Chief Judge of Benue State, Maurice Ikpambese, in a case filed by a nonprofit organisation, Mzough U Tiv, against the Tiv Area Traditional Council (TATC).


Mzough U Tiv had filed the suit seeking declarative judgement against the false claim made by Venita Akpofure on the Big Brother Naija show.


In a writ of summon, counsel for the plaintiff, Douglas Pepe, averred that Ms Akpofure on the BBNaija show, which was broadcast worldwide by MultiChoice Company, asserted that Tiv men offered their wives to their male visitors for sexual pleasures.


Mr Pepe expressed shock that instead of pursuing a legal action against Ms Akpofure for making such defamatory statement, TATC as the overarching cultural body responsible for safeguarding the collective interests of the Tiv people, merely verbally condemned the assertion.


He submitted that what Ms Akpofure said on the BBNaija show about Tiv men had no supporting particulars to back up her falsehood.


ā€œIt was better if Venita Akpofure, an Urhobo from Delta State, had stated that in her marriage to a Tiv person, she was given out to another man for sexual pleasures,ā€ Mr Pepe argued.


The plaintiff therefore sought the court to make a declaration that under the Tiv native law and custom, a Tiv man does not offer his wife to his visitor for sexual pleasure.


The plaintiff also sought an order of mandamus to compel TATC to promptly convene a meeting of the supreme council to initiate and subsequently issue a formal resolution codifying the principle that a Tiv man does not offer his wife to his visitor for sexual pleasure.


The plaintiff called three witnesses to prove its case.


Counsel for the defendant, E.K. Ashiekaa, a Senior Advocate of Nigeria (SAN), aligned himself with the argument of the plaintiffā€™s counsel.


The defendant called one witness and closed its case.


Delivering judgement, Ikpambese granted the reliefs sought by the plaintiff.


He said that Ms Akpofureā€™s assertion about Tiv men were malicious falsehood and lacked substance and should therefore be discountenanced. 

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