SENATE APPROVES ₦403.1BN POLICE TRUST FUND BUDGETS FOR 2025, 2026.(PHOTO).

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 SENATE APPROVES ₦403.1BN POLICE TRUST FUND BUDGETS FOR 2025, 2026 The Senate has approved a total of ₦403.1 billion for the Nigeria Police Trust Fund for the 2025 and 2026 fiscal years, to strengthen policing and tackle terrorism, kidnapping, and other security threats. The approved funding includes ₦170.1 billion for 2025 and ₦233 billion for 2026, covering personnel costs, capital projects, and overhead expenses aimed at improving the operational capacity of the Nigeria Police Force. Lawmakers say the funds will support the provision of critical equipment, infrastructure, training, and other resources needed to enhance security across the country. Meanwhile, President Bola Tinubu has sent a bill to the Senate seeking to repeal and reenact the Administration of Criminal Justice Act.  The proposed legislation aims to speed up the delivery of justice, promote the use of technology in criminal proceedings, and establish a Criminal Justice Monitoring Council to oversee implement...
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CUBA CANCELS ANNUAL CIGAR FESTIVAL AMID WORSENING ENERGY CRISIS FROM U.S OIL BLOCKADE. (PHOTO).

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 Cuba cancels annual cigar festival amid worsening energy crisis from U.S oil blockade

Cuba has suspended its annual cigar festival in Havana, originally scheduled for late February, citing a worsening economic crisis and energy shortages. The event, organized by Habanos S.A., was postponed “to preserve the highest standards of quality, excellence and experience” and a new date has yet to be announced. The festival typically draws over 1,000 visitors from around 80 countries, offering cigar auctions and tours of tobacco plantations.

The cancellation comes amid a severe fuel shortage caused by a U.S. oil blockade, which has cut Cuba off from Venezuelan oil supplies. The government has implemented rationing to protect essential services, while the United Nations has warned of a potential humanitarian crisis if oil needs remain unmet. Cuban cigars, a key export generating foreign currency, remain highly prized worldwide despite being banned in the U.S. Habanos S.A. reported record sales of $827 million in 2024, a 16% increase from the previous year, underscoring the economic importance of the industry even as the festival is put on hold.


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