PRESIDENT TINUBU MOURNS NAF PERSONNEL IN ONDO JET CRASH, ORDERS THOROUGH INVESTIGATION OF THE MISHAP. (PHOTO). #PRESS RELEASE.

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 STATEHOUSE PRESS STATEMENT PRESIDENT TINUBU MOURNS NAF PERSONNEL IN ONDO JET CRASH, ORDERS THOROUGH INVESTIGATION OF THE MISHAP   President Bola Tinubu has expressed profound sadness over the crash on Monday morning of a Nigerian Air Force ATR-42 jet near a naval base in the Igbokoda area of Ondo State.   The aircraft was on a routine mission from Benin to Lagos when the accident occurred.   The President extends his deepest condolences to the family of the 25 passengers and seven crew members involved, the Chief of the Air Staff, Air Marshal Sunday Kelvin Aneke, and all officers, airmen and airwomen of the Nigerian Air Force.   "This is a painful moment for our Armed Forces and for the entire nation. Our Air Force personnel put their lives on the line every day to secure Nigeria. Their sacrifice will never be forgotten."   “The Chief of Air Staff has briefed me, and I have directed the Nigerian Air Force to immediately commence a thorough investigation in...
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OIL PRICES SURGE AMID CHINA STIMULUS AND SYRIA TENSIONS. (PHOTO).

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 Oil Prices Surge Amid China Stimulus and Syria Tensions


Oil prices rose on Monday due to China's plans for economic stimulus and growing tensions in Syria. China's announcement of further stimulus efforts boosted investor confidence, leading to gains in commodities like copper and zinc. 


Meanwhile, escalating concerns over Syria, with President Bashar al-Assad fleeing as rebels advanced, contributed to market volatility. As a result, Brent crude climbed 1.1% to $71.90 per barrel, while West Texas Intermediate rose 1.3% to $68.04 per barrel. The increase in oil prices came alongside positive movement in other markets and gold, which saw a nearly 1% gain.

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