TROOPS OF OPERATION WHIRL STROKE ARREST HIGH PROFILE CRIMINAL IN BENUE COMMUNITY. (PHOTO).#PRESS RELEASE

Image
 TROOPS OF OPERATION WHIRL STROKE ARREST HIGH PROFILE CRIMINAL IN BENUE COMMUNITY Troops of Operation WHIRL STROKE arrested a high-profile suspected criminal during an intelligence-driven operation in Agasha Village of Guma Local Government Area, Benue State, following a report of an attack on a local resident. The operation was launched on 13 March 2026 after security agencies received credible information regarding an attack on Mr Shaapera Seeta Michael in Agasha Village. Acting swiftly on the report, troops of the Chief of Army Staff (COAS) Intervention Battalion XI deployed under Operation WHIRL STROKE mobilised immediately to the affected area to track down the suspect responsible for the assault. Upon arrival, the troops cordoned the area to prevent the suspect from escaping while conducting a targeted search operation aimed at identifying and apprehending the alleged attacker. The suspected militia member identified as Mr Suurnen David Akum, aged 27, from Agasha Village in G...

NOBEL ECONOMICS PRIZE AWARDED TO THREE FOR RESEARCH ON INNOVATION AND ECONOMIC GROWTH. (PHOTO).



Nobel economics prize awarded to three for research on innovation and economic growth

Joel Mokyr, Philippe Aghion, and Peter Howitt were awarded the Nobel Memorial Prize in Economic Sciences on Monday for their groundbreaking research on how innovation drives economic growth and the process of replacing older technologies with new ones, known as “creative destruction.”

The three laureates bring different but complementary perspectives to the field. Mokyr, an economic historian at Northwestern University, analyzed long-term trends using historical sources. Aghion, of the Collège de France and the London School of Economics, and Howitt, a Canadian-born economist at Brown University, applied mathematical models to explain the dynamics of creative destruction. Mokyr, 79, said he was shocked by the honor, joking that he felt more likely to be elected Pope than to win the Nobel Prize in economics. Aghion, 69, called the recognition “breathtaking” and said he planned to invest the prize money in his research laboratory.

The committee praised the trio for clarifying how innovations replace outdated technologies in a self-sustaining cycle of economic progress. Mokyr’s work demonstrated the importance of scientific understanding for successful innovation, while Aghion and Howitt created models quantifying the mechanisms of sustained growth. Their research builds on the concept introduced by economist Joseph Schumpeter in 1942, showing that economic growth depends on continual technological renewal.

Aghion, who has advised French President Emmanuel Macron and co-chaired France’s Artificial Intelligence Commission, cautioned against protectionist policies, noting they could hinder global growth and innovation. The prize, totaling 11 million Swedish kronor (nearly $1.2 million), is split between Mokyr and the duo of Aghion and Howitt, and includes an 18-carat gold medal and a diploma.

Officially named the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel, the award was established in 1968 and is presented alongside the five original Nobel Prizes each Dec. 10. To date, 99 economists have received the prize, with only three women among the laureates.


Comments

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

AMBODE,SOYINKA & OTHERS AT THE OFFICIAL LAUNCH OF LAGOS AT 50 YEARS ANNIVERSARY AGAINST 2017.{PHOTOS}.