CUBA INTRODUCES SWEEPING FREE-MARKET REFORMS TO DECENTRALIZE STATE-RUN ECONOMY. (PHOTO).

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 Cuba introduces sweeping free-market reforms to decentralize state-run economy    Cuba has introduced a package of 176 free-market measures, which observers are calling the most sweeping economic overhaul of the island’s communist system since the Cuban Revolution. The aggressive policy shift aims to decentralize a state-run economy that has been heavily strained by a tightened U.S. embargo. Historically, the Cuban government has strictly controlled production, distribution, resource allocation, and pricing across the island. The newly approved plan radically dismantles long-standing pillars of the revolutionary economy, including the state’s monopoly on foreign trade and the strict centralization of productive forces. The reforms grant significantly more autonomy to private businesses, allow direct imports and exports without state middlemen, permit the free hiring of personnel, authorize private banking, and open the door for financial investments from Cubans living ab...

THREE ARRESTED OVER DEATH OF FUTO STUDENT IN IMO. (PHOTO).


 Three Arrested Over Death of FUTO Student in Imo


Operatives of the Imo State Police Command have arrested three suspects in connection with the death of 21-year-old Christogonus Chinedu Chibuzo, a 100-level student of the Federal University of Technology, Owerri (FUTO), who reportedly died under suspicious circumstances on May 30.


The Command’s spokesperson, Henry Okoye, disclosed this in a statement, saying preliminary investigations revealed that the deceased, a Cyber Security student and member of the Man O’ War organisation on campus, was allegedly subjected to severe assault by some members of the group following an accusation of theft involving N13,500.


According to the police, the suspects identified as Benedict Chukwuemeka, 21, Gospel Kelechi Ikenna, 24, and Anastasia Obioma, 21, all 500-level students of the university, have been taken into custody.


Okoye said initial findings indicated that Chibuzo was allegedly restrained and assaulted, resulting in critical injuries. He was subsequently rushed to the Federal Medical Centre (FMC), Owerri, where he was confirmed dead by medical personnel.


“Upon receiving the report, the Commissioner of Police, Imo State Command, CP Audu Garba Bosso, immediately directed operatives to take swift action, leading to the immediate arrest of the suspects.


“Relevant evidence has been secured, while the corpse has been deposited in the morgue for preservation and autopsy,” the statement said.


The police spokesperson further stated that the Commissioner of Police had ordered the transfer of the case to the State Criminal Investigation Department (SCID), Owerri, for a comprehensive investigation.


He added that the police commissioner also directed that all persons connected to the incident be identified and investigated to ensure justice is served.


The Command assured the family of the deceased, the university community and members of the public that it remained committed to uncovering the circumstances surrounding the student's death and ensuring that those found culpable are brought to justice.

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