Tinubu Injects N2 Trillion to Stimulate Economy
President Bola Ahmed Tinubu announced a N2 trillion economic stimulus plan aimed at revitalizing Nigeria's economy over the next six months. The plan, unveiled during the inauguration of the Presidential Economic Coordination Council (PECC), prioritizes sectors like health, agriculture, and power generation.
Minister Wale Edun highlighted allocations of N350 billion for health, N500 billion for agriculture, N500 billion for energy, and N650 billion for general business support. The initiative also includes reduced interest rates for SMEs and the signing of executive orders to ease business operations.
Three Injured in Lagos Auto Crash
An accident involving two trucks occurred at the Ajegunle bus stop in Sango, Lagos, injuring three people. The trucks, one carrying bottled Maltina and the other floor tiles, collided head-on. The Lagos State Traffic Management Authority (LASTMA) rescued the victims, who were taken to a hospital. The crash was caused by one truck driving against traffic and experiencing brake failure. The Lagos State Government urged drivers to obey traffic laws and ensure vehicle maintenance.
21 LGAs in 10 states, Federal Capital Territory submerged in flood — FG
The Federal Government reported that 21 local government areas across 10 states and the Federal Capital Territory (FCT) have been submerged by floods due to heavy rainfall. Minister of Water Resources and Sanitation, Engr Joseph Utserv, highlighted that the floods, mostly flash and urban, are exacerbated by blocked drainage systems. States like Lagos, Edo, Benue, and Anambra are significantly affected, with incidents causing casualties and displacements. The government urged proactive measures including clearing drainage systems and relocating vulnerable communities to mitigate future risks.
Edo Guber: Disquiet as court nullifies PDP’s primary, voids Ighodalo’s candidacy
A Federal High Court in Abuja nullified the Peoples Democratic Party (PDP) governorship primaries in Edo State that produced Dr. Asue Ighodalo as the candidate for the upcoming elections. The court ruled that the primaries did not comply with electoral laws and party guidelines. This decision followed a suit by plaintiffs claiming to be excluded delegates. The PDP's state chairman and campaign organization asserted that Ighodalo remains the candidate, while former Deputy Governor Philip Shaibu, who contested the outcome, welcomed the ruling. The APC celebrated the decision, urging Ighodalo to withdraw from the race.