LAGOS EMPOWERS FISH FARMERS IN IKEJA DIVISION WITH TRAINING, EQUIPMENT. (PHOTOS). #PRESS RELEASE.

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 LAGOS EMPOWERS FISH FARMERS IN IKEJA DIVISION WITH TRAINING, EQUIPMENT  … Reaffirms Commitment To Building 21st-Century Economy As part of Governor Babajide Olusola Sanwo-Olu's commitment to advancing the T.H.E.M.E.S. Plus Agenda and positioning Lagos State as a 21st Century economy through the socio-economic empowerment of rural communities, the Centre for Rural Development (CERUD), under the Office of Rural Development in the Ministry of Local Government, Chieftaincy Affairs and Rural Development, has commenced the 2026 Fish Farming Training and Empowerment Programme across the five divisions of the State. The programme, themed "Building a Resilient Socio-Economic Community through Youth Empowerment," commenced its first edition for the year at the Secretariat of Ifako-Ijaiye Local Government Area in the Ikeja Division. The initiative is designed to equip participants with practical fish farming skills, promote entrepreneurship and self-reliance, and create sustainable...
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KUWAIT CALLS IRAN’S STRAIT OF HORMUZ CLOSURE AN ECONOMIC BLOCKADE, WARNS OF GLOBAL DOMINO EFFECT. (PHOTO).

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 Kuwait calls Iran’s Strait of Hormuz closure an economic blockade, warns of global domino effect

Kuwait has condemned Iran’s closure of the Strait of Hormuz, calling it an economic blockade that threatens global markets and could trigger a domino effect across supply chains. Sheikh Nawaf al-Sabah, CEO of Kuwait Petroleum Corp., said the move is “holding the world’s economy hostage” and announced that Kuwait has declared a force majeure on oil delivery contracts, cutting production to domestic needs only. He warned that the full restoration of Gulf oil output could take months as wells remain shut in Kuwait and neighboring countries.

Al-Sabah emphasized that the crisis extends beyond oil, affecting petrochemicals for food packaging and fertilizer shipments, which could reduce agricultural output in parts of the developing world by up to 50%. He noted that tanker and cargo traffic through the strait has plummeted, disrupting roughly 20% of the world’s oil supply. Iran’s recent missile and drone strikes have targeted Gulf infrastructure, including Kuwaiti refineries and the social security administration, contradicting Tehran’s claim that attacks were limited to U.S. assets. Al-Sabah said emergency oil releases by more than 30 nations, including the U.S., will have a limited impact on the shortfall, and there is no substitute for the strategic waterway.


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