PRESIDENT TINUBU CONGRATULATES MINISTER OF STATE FOR FOREIGN AFFAIRS AMBASSADOR ENIKANOLAIYE ON HIS BIRTHDAY. (PHOTO).

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 PRESIDENT TINUBU CONGRATULATES MINISTER OF STATE FOR FOREIGN AFFAIRS AMBASSADOR ENIKANOLAIYE ON HIS BIRTHDAY   President Bola Tinubu has congratulated the Minister of State for Foreign Affairs, Ambassador Sola Enikanolaiye, on his birthday.    A statement by Bayo Onanuga, Special Adviser to the President, Information and Strategy, indicates that the President describes Ambassador Enikanolaiye as a distinguished diplomat, accomplished administrator and dedicated public servant whose career reflects professionalism, patriotism and a deep commitment to Nigeria.   Ambassador Enikanolaiye served in the Ministry of Foreign Affairs from August 1982 to August 2017, rising through the ranks to become Permanent Secretary. He later served as Senior Special Assistant to the President on Foreign Affairs and International Relations before he was appointed Minister of State for Foreign Affairs.   President Tinubu commends the celebrant’s significant contributions to Nige...
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INDIA PLEDGED OVER Rs. 6,300 CRORE IN FINANCIAL SUPPORT TO HELP THE MALDIVES TACKLE IT FOREIGN EXCHANGE CRISIS. (PHOTO).

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 India has pledged over Rs. 6,300 crore in financial support to help the Maldives tackle its foreign exchange crisis. 

The decision came after a meeting between Maldivian President Mohamed Muizzu and Indian Prime Minister Narendra Modi. The financial package includes a $400 million or Rs. 3320 crore (approx) currency swap and 230 billion under the INR swap window, aimed at stabilizing the Maldivian economy. The two leaders also discussed expanding economic ties and maritime security cooperation, unveiling a new vision document to boost trade, defense, and surveillance in the region.


Prime Minister Modi emphasized India’s strong commitment to the Maldives, referring to the island nation as India’s “closest neighbour and steadfast friend.” This support marks a shift in relations between the two countries, as ties had previously cooled under President Muizzu’s earlier stance of reducing dependence on India in favor of China. However, Muizzu recognized India’s crucial role in assisting his country during tough times, particularly highlighting the new currency swap as essential for economic stability.


In addition to financial aid, the two leaders launched India’s RuPay card in the Maldives to encourage tourism and inaugurated a new runway at Hanimaadhoo international airport, built with Indian credit worth $132 million or Rs. 1095 crore(approx) India also handed over 700 housing units constructed with Indian support. These projects are part of a broader effort to deepen economic collaboration between the two nations. 

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