18 Jan ALL THE RELEVANT NEWS: WEDNESDAY
🌎President Buhari was honoured by the Abu Dhabi Peace Forum with “Award for Strengthening Peace in Africa” in Nouakchott, Islamic Republic of Mauritania on Tuesday. Speaking at the African Conference for Peace, 2023, he said idleness of youths and non-inclusion in discussing issues that shape their lives and the future portends liability for the continent, especially in religious fundamentalism and extremism.
🌎Oil prices rose on Wednesday to their highest since early December on optimism that the lifting of China’s strict COVID-19 curbs will lead to a fuel demand recovery in the world’s top oil importer. Brent crude futures were up $1.21, or 1.41%, to $87.13 a barrel by 0942 GMT.
🌎Finance Minister, Zainab Ahmed, has hinted on the sidelines of the World Economic Forum in Davos that the removal of fuel subside would be done gradually from the second quarter of this year by the current government.
* The NNPC Limited says it deducted N152.85 billion as a shortfall for the importation of petrol (subsidy) in November 2022.
🌎VP Osinbajo has advised youths that it was more sensible for them to learn from history than experience; that young people needed to learn from history rather than repeat it or allow it to jeopardise a better future. He was the special guest of honour at a youth forum to mark the 60th birthday of his Liberian counterpart, Dr. Jewel Howard-Taylor.
🌎The Federation Account Allocation Committee (FAAC) shared N990.189 billion among the three tiers of government in December 2022, N88bn higher that the November allocation.
🌎Nigeria is targeting to increase its crude oil production this year by 20 percent, but the extra will not be for export, the Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC), Mele Kyari, has said.
🌎Access Holdings Plc expects to expand its operations to France and Hong Kong and five other countries by 2027, it said in a five-year strategy document issued on Monday.
🌎President Buhari has re-appointed seven members of the board of the Independent Corrupt Practices and other related offences Commission (ICPC).
🌎A special joint military forces have busted a syndicate allegedly siphoning crude oil from the Chevron/NNPC rigs on the high sea in Ondo State.
🌎FG has sealed pact with International Criminal Police Organization (INTERPOL) and West African Police Information Programme (WAPIS) to end Nigeria’s insecurity, the Minister of Police Affairs, Muhammad Dingyadi said on Tuesday.
🌎The chairman of INEC, Mahmood Yakubu, on Tuesday at Chatham House, explained why Nigerians in the diaspora cannot vote in the upcoming February 2023 elections.
🌎A federal high court in Abuja has summoned Godwin Emefiele, governor of the Central Bank of Nigeria (CBN) over a $53 million judgement debt arising from the Pars Club refunds.
🌎Security Stories: The Kaduna government said Tuesday, troops of operation Forest Sanity have killed two suspected bandits in Chikun LGA of the state.
* The Nigeria Customs Service (NCS) Murtala Muhammed Airport Command (MMAC) in Lagos State has intercepted hard drugs, military and police hardwares.
* A police inspector was on Tuesday shot dead in Aba, Abia State, South-east Nigeria, by gunmen suspected to be members of the outlawed Indigenous People of Biafra (IPOB). Two of the gunmen were also killed during a shootout with the police.
🌎Russia-Ukraine War: Ukrainian interior minister Denis Monastyrsky is among at least 18 people killed after a helicopter crashed in a Kyiv suburb on Wednesday.
* More than 9,000 civilians, including 453 children, have been killed in Ukraine since Russia’s full-scale invasion began last February, a senior Kyiv official said.
* The White House teased that an additional aid package for Ukraine could be announced “as soon as the end of this week.”
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