Super User

Super User

The Federal Government, on Monday, raised the alarm over the renewed smuggling of Premium Motor Spirit, popularly called petrol, following the massive hike in the pump price of the commodity in neighbouring countries.

It stated that while the average price of petrol in Nigeria was about N701/litre, the average cost of the product in neighbouring countries was N1,787/litre, a development that heightened PMS smuggling out of Nigeria in the past two weeks.

The Comptroller-General of the Nigeria Customs Service, Adewale Adeniyi, who disclosed this at a press conference in Yola, said the NCS had to join forces with the Office of the National Security Adviser to tackle the menace.

He said, “Today, we are here to update members of the public on the strategic efforts of the Nigeria Customs Service in addressing the critical issue of fuel smuggling through the recently launched Operation Whirlwind, under the auspices of the Office of the National Security Adviser.

“About a year ago, the Federal Government made the bold strategic decision to remove the fuel subsidy. This crucial step was aimed at freeing up substantial funds that could be redirected to other productive sectors of the economy, reducing pressure on our foreign exchange reserves, and diversifying economic growth.

“The immediate impact was an upward adjustment in fuel prices to reflect current realities. Despite the inflationary pressures and financial strain on households, particularly those with lower incomes, comparative studies still show that fuel prices in Nigeria remain the cheapest compared to other countries in the West and Central African region,” he stated.

PMS prices

Speaking further, Adeniyi said, “While PMS is sold at an average of N701.99 in Nigeria, it is sold at an average of N1,672.05 in the Republic of Benin and N2,061.55 in Cameroon. In other countries around the region, the price of PMS ranges from N1,427.68 in Liberia to N2,128.20 in Mali, averaging N1,787.57, according to the fuel price data obtained from opensource.”

The customs boss said this comparative price advantage, though beneficial to Nigerian citizens, unfortunately, created a lucrative incentive for smuggling PMS out of Nigeria, where prices were two to three times higher.

He said this is substantiated by the report on the average daily evacuation of PMS to various states in Nigeria, obtained from the Nigeria National Midstream and Downstream Petroleum Regulatory Authority.

In his speech, which was made available to our correspondent in Abuja, he said, “The (NMDPRA) report shows significant changes in evacuation patterns that are not justified by corresponding economic and demographic changes, particularly in border states that share contiguous borders with our neighbours.

“Between April and May 2024, Borno and Kebbi states recorded 76 and 59 per cent increases in evacuations, ranking among the top three states. On a year-on-year basis (May 2023 and May 2024), Sokoto and Taraba states recorded the most substantial increases in evacuations, with 247 and 234 per cent increases, respectively.

“Border states like Katsina and Kebbi also recorded more than 50 per cent increases in evacuation. These discrepancies, along with the price disparity between domestic PMS (N701.99) and neighbouring countries (N1,787.57), raise concerns about the actual delivery of PMS and the potential for smuggling.”

Adeniyi said credible intelligence on activities around border areas corroborated these suspicions.

“In response to the alarming increase in fuel smuggling, the NCS in close collaboration with the NSA initiated Operation Whirlwind. This nationwide operation aims to:

a. Ensure that Nigerians enjoy the full benefits of fuel price deregulation in line with the vision of President Bola Tinubu.

“b. Defend the national currency and reduce pressures that may be attributed to the activities of smugglers.

c. Identify, dismantle and disrupt cartels of smugglers operating within the ecosystem.

d. Raise awareness of the local communities and solicit their support to achieve these objectives,” he stated.

Anti-smuggling team

He said the operations, which were guided by credible intelligence and empowered by the new Customs Act 2023, target illegal exportation, particularly of petroleum products, ensuring their availability within the country and conserving government resources.

“Coordinated by a Comptroller of Customs, the operation covers all NCS Zones (A-D), involving selected officers trained and equipped to handle the task with strict adherence to professionalism.

“Collaboration with the ONSA and the NMDPRA supports the operation, utilising internal and external sources. This operation was launched approximately two weeks ago,” Adeniyi stated.

According to him, the NCS had made some significant strides in the ongoing Operation Whirlwind, aimed at curbing the smuggling of Premium Motor Spirit out of the country.

“In the past two weeks we have received credible intelligence on the relative stability of the price of PMS around border states, this is easily attributed to disruptions in the operations of smugglers. Within seven days of intensive operations, a total of 150,950 litres of PMS, valued at N 105,965,391, have been intercepted at various locations nationwide.

“The seizures include:

a. On Friday, May 31, 2024. A total of 45,000 litres of PMS in a tanker was seized at Mova, Adamawa.

b. On Saturday, June 1, 2024, a total of 45,000 litres of PMS in a tanker was seized at Mubi, Adamawa.

c.On Monday, June 3, 2024, a total of 2,375 litres of PMS in 95 25-litre jerrycans were seized at Mubi, Adamawa State.

“d. On Wednesday, June 5, 2024, a total of 4,450 litres of PMS in 178 25-litre jerrycans were seized in three different locations, including Song-Wuroboki, Mubi-Sahuda road and Gidan Madara

– Sahuda road all in Adamawa. e. On Thursday, June 6, 2024, a total of 20,030 litres of PMS in 25 and 30-litre jerrycans were sized in various locations across

the country including Maiha, Adamawa State, Illela, Sokoto and Agbaragba Creek in Mfum border of Cross River State.

“f. On Friday, June 7, 2024, a total of 32,900 litres of PMS were seized at border locations in the North-East and South-West axis of the country. A total of 17,500 litres was recorded in Mubi, Adamawa State, while 15,400 litres was recorded around Imeko Obada Road in 616 25-litre jerrycans. g. On Saturday, June 8, 2024, a total of 8,525 litres of PMS were also seized in two separate locations in Owode (Owode-Ilaro road and Owode-Atan road) in Ogun State.”

Adeniyi stated that in addition to the ongoing operations under Operation Whirlwind, the Customs Area Commands remained vigilant against the illicit activities. of smugglers targeting PMS.

He said the service had recorded significant seizures of PMS from unpatriotic individuals attempting to deprive Nigerians of access to fuel and cause unnecessary hardship.

“While the operation continues, our Federal Operating Units and Marine Commands have intercepted a total of 129,185 litres of fuel valued at N90,558,685. Notably, 54.48 per cent of these seizures occurred in the North-West region, including states such as Katsina, Kebbi, and Sokoto, while 23.87 per cent of the seizures were recorded in the North-Eastern part of the country, particularly in states like Taraba and Adamawa.

“It is worth noting that these states have also seen a significant increase in fuel evacuation as reported by the NMDPRA. It is now evident that the recent rise in the distribution of PMS to border states is driven by the activities of smugglers.

“A combined diversion of 280,135 litres of PMS worth N196,524,075.50 raises serious economic concerns with broader implications on national security. The quantum of this diversion is equivalent to more than 84 per cent of the daily evacuation of PMS to states like Ekiti and Jigawa. It also represents around 32.57 per cent of the daily evacuation to the border states of Borno and Katsina according to the data on average daily evacuation obtained from NMDPRA,” Adeniyi said.

He noted that if these activities were left unchecked, they could further deteriorate the country’s economic situation and exacerbate current foreign exchange challenges.

The customs helmsman stated that the influx of unaccounted foreign currency could be channelled into funding illegitimate activities, including the support of non-state actors engaged in criminal activities against the Nigerian state.

“These issues have serious implications for national security, making it imperative to check, curtail, and dismantle these illicit operations. Achieving this requires the cooperation and collaboration of patriotic government agencies, exemplified by the ongoing Operation Whirlwind.

“Under this collaboration, efforts are being made to resolve existing gaps in the following areas:

a. Sharing of Critical Data Among Agencies. Ongoing engagement with the NMDPRA and the ONSA focuses on sharing daily data on PMS loading. This will enable the NCS to track the movement and delivery of these products to their intended locations.

“b. Monitoring movement of PMS lifting. The NCS will enforce strict monitoring of tanker movements, ensuring that

PMS products lifted from NMDPRA facilities are delivered to approved locations.

c. Use of Manual Systems by Independent Marketers. Independent marketers are advised to automate their existing fleet management systems to enable tracking and geo-fencing

capabilities.

“d. Proliferation of fuel stations at border areas. The NCS will collaborate with relevant licensing agencies to manage the proliferation of petrol stations around border areas,” Adeniyi stated.

He said these measures were essential and would be rigorously implemented to ensure strict adherence to government expectations.

“However, in enforcing these measures, we are mindful of the potential challenges they may pose to border communities. Our operations will not obstruct or interfere with the legitimate activities of patriotic citizens in these areas. I will conclude with a stern warning to the perpetrators of these illicit acts: Desist immediately or face the full wrath of the law,” Adeniyi declared.

Petrol subsidy

On May 29 2023, the Federal Government removed the subsidy on petrol.

Earlier in February that year,   the government declared that it had to shut down 270 filling stations in a bid to stop the smuggling of petrol out of Nigeria.

It said the activities of smugglers pushed Nigeria’s petrol consumption daily to about 67 million litres because a large volume of the product was moved out of the country illegally by smugglers.

The PUNCH precisely reported on February 3, 2023 that the  Federal Government had to deploy operatives of the Department of State Services on tankers transporting petrol to filling stations to halt the diversion and smuggling of the product.

The report stated that over 120 DSS officers were deployed at the time to follow fuel tankers to their various retail outlets in Abuja, as more security agencies were drafted into the exercise for nationwide coverage.

This came as the government also revealed at the time that it shut down over 270 filling stations for being involved in diverse infractions such as hoarding and selling above-approved price, among others.

The Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Farouk Ahmed, and the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, disclosed this in Abuja during a live television programme monitored by our correspondent.

Speaking on efforts being put in place to halt the diversion and cross-border smuggling of PMS, Kyari had said, “So much is going on, there are government security interventions.

“I know the kind of work that we do with the security agencies, for instance, in Abuja alone, we have over 120 DSS officers following every truck to fuel stations and we are activating this across the country.

“We are ensuring that we get other government security agencies to follow these trucks to their locations, in order to be very sure that these trucks actually get to the fuel stations and there are not sold on the way and they don’t cross the borders.”

Kyari had earlier explained at a stakeholders meeting in Abuja that Nigeria’s fuel was smuggled to other countries, as he insisted that the scarcity of PMS at the time was not due to the elections that were held in February 2023.

“There’s no dispute about this that our fuel gets to other countries, including in marine containers. We have evidence now that some of our customers are actually taking investors to other countries and we will get to the root of this.

“The appropriate government security agencies will deal with this. But this is the reality that we are dealing with. You do have cross-border smuggling, either in the form of round-tripping or whatever name we call it.

“So the 66 or 67 million litres that you have always seen include all these, the cross-border smuggling volumes. And it means that anytime we don’t satisfy those markets, it will affect your domestic market. This is the reality that we are dealing with,” he stated.

The NMDPRA boss, while speaking on sanctions taken against downstream operators who flouted the approved regulations, stated that over 270 filling stations and seven depots were closed at the time.

Ahmed had said, “Because of control that we have in most of the major cities, whether it is Port Harcourt, Lagos, Ibadan, Abuja, etc, the marketers tend to go to the rural areas where you can buy petrol at a high price.

“And, of course, it is our responsibility as a regulator to ensure strict monitoring and enforcement. What we did was that a couple of weeks ago we had to shut about seven depots because of the inflation of their ex-depot price.”

 

Punch

The Federation Account Allocation Committee (FAAC) announced that the federal, state, and local governments shared N1.14 trillion for May 2024. This amount marks a decrease of N60 billion compared to the N1.20 trillion distributed in April.

This information was disclosed in a communiqué issued during FAAC's June meeting, chaired by Wale Edun, Minister of Finance and Coordinating Minister of the Economy.

According to the communiqué, the total revenue of N1.14 trillion for May comprised:

- Statutory revenue: N157 billion

- Value-Added Tax (VAT) revenue: N463 billion

- Electronic Money Transfer Levy (EMTL) revenue: N15 billion

- Exchange difference revenue: N507 billion

FAAC noted that the total available revenue for May was N2.32 trillion. Of this, N76.647 billion was deducted for the cost of collection, and N1.104 trillion was allocated for transfers, interventions, and refunds.

The gross statutory revenue for May 2024 was N1.223 trillion, slightly lower than the N1.233 trillion received in April by N9.6 billion. The gross revenue from VAT was N497 billion, down from N500 billion in April.

The distribution of the N1.14 trillion total revenue was as follows:

- Federal government: N365 billion

- State governments: N388 billion

- Local governments: N282 billion

- Benefiting states received N106 billion as 13 percent derivation revenue

From the N157.183 billion in statutory revenue:

- Federal government: N61 billion

- State governments: N30.9 billion

- Local governments: N23.8 billion

- Benefiting states received N41.371 billion as 13 percent mineral revenue derivation

From the N463 billion VAT revenue:

- Federal government: N69 billion

- State governments: N231 billion

- Local governments: N162 billion

From the N15 billion EMTL:

- Federal government: N2.2 billion

- State governments: N7.5 billion

- Local governments: N5.3 billion

The communiqué also noted significant increases in companies' income tax (CIT) and petroleum profit tax (PPT) for May, while revenues from import and excise duties, royalty crude and gas, EMTL, CET levies, and VAT saw considerable decreases.

The balance in the Excess Crude Account remained at $473.754 million.

The recent announcement by state governors to remove the remaining subsidies on electricity tariffs is poised to exacerbate an already dire situation for businesses and households across the country. This move follows a significant federal tariff hike in April, which saw Band A electricity consumers facing a more than 200 percent increase. This previous increase has already led to widespread business closures, higher inflation, and an intensified cost of living crisis. The decision by the governors to further remove subsidies will likely deepen these economic woes, making life even more difficult for ordinary Nigerians and businesses alike.

Economic Impact

The removal of electricity subsidies will directly impact the cost of production for businesses, particularly in the manufacturing sector. The Organised Private Sector in Nigeria (OPSN) has already warned that over 65 percent of businesses might shut down due to the previous tariff hike. With another increase on the horizon, the competitiveness of Nigerian products in both local and international markets will be severely undermined. High electricity costs, coupled with inadequate supply, create an environment where businesses struggle to survive, let alone thrive.

Impact on Essential Services

The healthcare sector is one of the most critical areas where the impact of increased electricity tariffs is profoundly felt. Teaching hospitals across Nigeria have reported significant increases in their electricity bills, with some institutions experiencing a fourfold rise. For instance, the University College Hospital (UCH) in Ibadan, already burdened by debt, now faces monthly electricity bills of up to N75 million. These costs are unsustainable for public hospitals, leading to potential service interruptions and compromised patient care.

Household Strain

For average Nigerian households, the removal of subsidies will further stretch already thin budgets. High electricity costs contribute to an overall increase in living expenses, as prices for goods and services rise in response to higher production costs. This financial strain is particularly severe in a country where many people live on modest incomes and already struggle with inflation and economic instability.

Alternative Paths Forward

To mitigate the negative consequences of removing electricity subsidies, several alternative strategies should be considered:

1. Gradual Removal with Safeguards: Instead of an abrupt removal, subsidies could be phased out gradually, allowing businesses and households time to adjust. Concurrently, targeted subsidies should be maintained for essential sectors like healthcare and for the most vulnerable populations.

2. Investment in Renewable Energy: Expanding investment in renewable energy sources such as solar and wind can help reduce dependency on the national grid and lower electricity costs in the long run. Hospitals and other critical infrastructure should be prioritised for such investments.

3. Improving Efficiency and Transparency: Conducting a comprehensive cost-of-service analysis for each state can help in setting fair tariffs. Additionally, ensuring transparency in the application of subsidies and investments can prevent misuse and ensure that the benefits reach the intended recipients.

4. Enhancing Power Supply Reliability: Efforts should be intensified to improve the reliability and distribution of power. This includes upgrading existing infrastructure and encouraging private sector investment in power generation and distribution.

5. Economic Diversification and Support for Businesses: Providing support for businesses to diversify their energy sources and improve efficiency can mitigate the impact of high electricity costs. This could include financial incentives for adopting energy-efficient technologies and practices.

6. Policy Collaboration: A collaborative framework between the federal government and state governments is essential. This partnership can help manage subsidies more effectively and ensure that state-level electricity markets develop in a sustainable and equitable manner.

In conclusion, while the removal of electricity subsidies might be seen as a step towards a more efficient power sector, the immediate economic and social costs could be devastating. By adopting a more measured and strategic approach, the Nigerian government can avoid further exacerbating the economic hardships faced by its citizens and ensure a more stable and prosperous future.

Search and rescue operations will continue until the missing aircraft carrying Malawi's vice president, Saulos Klaus Chilima, is found, the southern African nation's president said late on Monday.

Chilima, 51, was aboard a military aircraft with nine others that left Lilongwe, the capital, at 09:17 a.m. (0717 GMT), Malawi's Office of the President and Cabinet said in an earlier statement.

It said efforts by aviation authorities to make contact with the aircraft since it went off the radar had failed. The plane had been scheduled to land at Mzuzu Airport at 10:02 a.m.

The plane was unable to land at the airport due to poor visibility and was ordered to return to the capital, President Lazarus Chakwera said in a televised address to the nation.

"I'm holding on to every fibre of hope that we'll find survivors," he said, adding that the search area was concentrated around a 10 km (6 mile) radius in a forest reserve.

"I have given strict orders that the operation should continue until the plane is found."

He said Malawi had reached out to neighbouring countries, and the U.S., Britain, Norway and the Israeli governments for support in the rescue efforts.

Chilima, seen as a potential candidate in next year's presidential election, was arrested in 2022 over graft allegations.

However, a Malawi court dropped the corruption charges against him last month after the director of public prosecutions filed a notice for the case to be discontinued. Chilima has denied any wrongdoing.

 

Reuters

At least 50 people were killed and an unspecified number kidnapped, including women and children, when gunmen attacked the village of Yargoje in Katsina state, northwest Nigeria at the weekend, residents said on Monday.

A year after President Bola Tinubu came to power promising to end widespread insecurity, attacks in the northwest by armed gangs, often referred to as bandits, have become almost routine, with authorities seemingly powerless to stop them.

Dozens of gunmen on motorbikes stormed Yargoje in the Kankara local government area of Katsina state late on Sunday, according to resident Hassan Ya’u.

"They shot sporadically at people, claiming the lives of more than 50 (of us), including my younger brother," he told Reuters by phone. He added that an unknown number of villagers had been abducted and properties looted.

Another resident, Abdullahi Yunusa Kankara, said he narrowly escaped the onslaught and that it continued into the early hours of Monday. "Our town has turned into a death zone. Almost every house in the village has fallen victim to this attack."

Kankara added: "We are currently carrying out a headcount to determine how many people have been abducted. More dead bodies were recovered this morning."

Katsina police authorities did not immediately respond to requests for comment.

Attacks in rural areas and kidnapping for ransom are rife in northern Nigeria, a region blighted by a 15-year-long Islamist insurgency in the northeast and frequent deadly clashes between farmers and herders in north-central areas.

 

Reuters

UN Security Council backs Israel-Hamas ceasefire plan

The United Nations Security Council on Monday backed a proposal outlined by President Joe Biden for a ceasefire between Israel and Hamas in the Gaza Strip and urged the Palestinian militants to accept the deal aimed at ending the eight-month-long war.

Hamas welcomed the adoption of the U.S.-drafted resolution and said in a statement that it is ready to cooperate with mediators over implementing the principles of the plan "that are consistent with the demands of our people and resistance."

Russia abstained from the U.N. vote, while the remaining 14 Security Council members voted in favor of the resolution supporting a three-phase ceasefire plan laid out by Biden on May 31 that he described as an Israeli initiative.

"Today we voted for peace," U.S. Ambassador to the U.N. Linda Thomas-Greenfield told the council after the vote.

The resolution welcomes the new ceasefire proposal, states that Israel has accepted it, calls on Hamas to agree to it and "urges both parties to fully implement its terms without delay and without condition."

Algeria, the only Arab member of the council, supported the resolution because "we believe it can represent a step forward toward an immediate and lasting ceasefire," Algeria's U.N. Ambassador Amar Bendjama told the council.

"It offers a glimmer of hope to the Palestinians," he said. "It's time to halt the killing."

The resolution also goes into detail about the proposal, and spells out that "if the negotiations take longer than six weeks for phase one, the ceasefire will still continue as long as negotiations continue."

ISRAEL'S GOALS

However, it did not contain enough detail for Moscow. Russia's U.N. Ambassador Vassily Nebenzia asked what Israel had specifically agreed to and said the Security Council should not be signing up to agreements with "vague parameters."

"We did not wish to block the resolution simply because it, as much as we understand, is supported by the Arab world," Nebenzia told the council.

Israel's U.N. Ambassador Gilad Erdan was present for the vote, but did not address the council. Instead, senior Israeli U.N. diplomat Reut Shapir Ben Naftaly told the body that Israel's goals in Gaza had always been clear.

"Israel is committed to these goals - to free all the hostages, to destroy Hamas' military and governing capabilities and to ensure that Gaza does not pose a threat to Israel in the future," she said. "It is Hamas that is preventing this war from ending. Hamas and Hamas alone."

The council in March demanded for an immediate ceasefire and unconditional release of all hostages held by Hamas.

For months, negotiators from the U.S., Egypt and Qatar have been trying to mediate a ceasefire. Hamas says it wants a permanent end to the war in the Gaza Strip and Israeli withdrawal from the enclave of 2.3 million people.

Israel is retaliating against Hamas, which rules Gaza, over an Oct. 7 attack by its militants.

More than 1,200 people were killed and over 250 taken hostage by Hamas on Oct. 7, according to Israeli tallies. More than 100 hostages are believed to remain captive in Gaza.

Israel launched an air, ground and sea assault on the Palestinian territory, killing more than 37,000 Palestinians, according to Gaza health authorities.

 

Reuters

WESTERN PERSPECTIVE

Ukraine's air force may keep some F-16 warplanes abroad to protect them from Russian strikes

Ukraine may keep some of the F-16 fighter jets it’s set to receive from its Western allies at foreign bases to protect them from Russian strikes, a senior Ukrainian military officer said Monday.

Belgium, Denmark, the Netherlands and Norway have committed to providing Ukraine with over 60 U.S.-made F-16 fighter jets to help it fend off Russian attacks. Ukrainian pilots are currently undergoing training to fly the warplanes ahead of the deliveries expected to start later this year.

Serhii Holubtsov, head of aviation within Ukraine’s air force, said that “a certain number of aircraft will be stored at secure air bases outside of Ukraine so that they are not targeted here.”

Holubtsov told the U.S. government-funded Radio Free Europe/Radio Liberty that those F-16s could be used to replace damaged aircraft as they undergo repairs as well as for training Ukrainian pilots abroad.

“This way, we can always have a certain number of aircraft in the operational fleet that corresponds to the number of pilots we have,” he said. “If there are more pilots, there will be more aircraft in Ukraine.”

Russian President Vladimir Putin has warned that Moscow could consider launching strikes at facilities in NATO countries if they host the warplanes used in Ukraine.

“If they are stationed at air bases outside the Ukrainian borders and used in combat, we will have to see how and where to strike the assets used in combat against us,” Putin said last year. “It poses a serious danger of NATO being further drawn into the conflict.”

In March, the Russian leader again warned Ukraine’s Western allies against providing air bases from where the F-16s could launch sorties against the Kremlin’s forces. Those bases would become a “legitimate target,” he said.

“F-16s are capable of carrying nuclear weapons, and we will also need to take that into account while organizing our combat operations,” Putin stated.

On Monday, Andrei Kartapolov, the head of the defense committee in the Russian Parliament’s lower house told the state RIA Novosti news agency that NATO bases hosting Ukrainian F-16s would be “legitimate targets” for Moscow if the warplanes are used to launch attacks on Russia.

The F-16s require a high standard of runways and reinforced hangars to protect them from attacks on the ground. It’s not clear how many Ukrainian air bases can meet those requirements, and Russia would be certain to quickly target a few that could accommodate them once the jets arrive.

Holubtsov noted that the F-16s will help protect front-line and border regions from Russian glide bombs that have inflicted significant damage to both troops and residential areas, including Kharkiv. Glide bombs are heavy Soviet-era bombs fitted with precision guidance systems and launched from aircraft flying out of range of air defenses.

“I think we will succeed, first of all, in pushing back the aircraft that drop glide bombs farther from the contact line,” he said. “If we manage to push them back at least another 30-50 kilometers (19-31 miles), this can already be considered a turning point and an achievement, if not of superiority, then of parity in the airspace.”

Ukraine’s Western allies are trying to bolster military support for Kyiv as Russian troops have launched attacks along the more than 1,000-kilometer (620-mile) frontline, taking advantage of a lengthy delay in U.S. military aid. Ukraine is currently fighting to hold back a Russian push near its second-largest city of Kharkiv, less than 30 kilometers (less than 20 miles) from the border.

Russian troops have also continued their slow offensive in the eastern Donetsk region. On Monday, the Russian Defense Ministry claimed that the Kremlin’s forces had captured the village of Staromaiorske, the claim that hasn’t been confirmed by Kyiv and couldn’t be independently verified.

Ukraine has struck back with regular missile and drone attacks on Moscow-occupied territories and areas inside Russia.

In the latest strike, Ukrainian forces hit Russian air defense systems in Dzhankoy, Chornomorske and Yevpatoriya in the Moscow-occupied Crimea with missiles, Ukraine’s General Staff said Monday. The Russian Defense Ministry hasn’t commented on the Ukrainian claim, which couldn’t be independently confirmed.

The U.S. and other NATO allies have responded to the latest Russian offensive by allowing Ukraine to use weapons they deliver to Kyiv to carry out limited attacks inside Russia. The decision could potentially impede Moscow’s ability to concentrate its troops for a bigger offensive near Kharkiv and in other border areas.

Last week, Putin responded by warning that Moscow “reserves the right” to arm adversaries of the West worldwide. “If they supply (weapons) to the combat zone and call for using these weapons against our territory, why don’t we have the right to do the same?” Putin said.

He didn’t specify where such arms might be sent. The U.S. has said that Russia has turned to North Korea and Iran to beef up its stock of relatively simple weapons, but Moscow could dip into its stock of high-tech missiles to share with adversaries of the West if Putin decides to fulfill his threat.

 

RUSSIAN PERSPECTIVE

NATO using AI to track Russian aircraft – top official

NATO is utilizing artificial intelligence to track Russian aircraft and fueling stations, the US-led bloc’s Assistant Secretary General for Innovation, Hybrid and Cyber, David van Weel, has revealed.

Speaking at the NATO-Ukraine Defense Innovators Forum at AGH University of Krakow, Poland, the top official pledged to deepen cooperation with Kiev, with a new agreement on “battlefield innovation”already in sight.

“The energy for more collaboration between Ukrainian and Allied innovation ecosystems was contagious, and is exactly why Allies and Ukraine are working together on a new innovation agreement in the NATO-Ukraine Council,” van Weel stated.

As an example of the integration of various AI solutions, he said the bloc utilizes it to analyze satellite imagery in order to track and count Russian aircraft and fueling stations. The assistant secretary general said that using AI in such a manner was in accord with NATO’s principles on ethical Al use.

“It’s low-risk,” van Weel said. “Nobody gets killed if you get the number off.”

In recent months, Ukraine has reportedly ramped up its effort to strike Russian airfields, both those close to the combat zone and deep inside the country’s territory. Moscow appears to have significantly expanded its use of frontline aviation as well, primarily to launch aerial bombs fitted with UMPK (Universal Glide and Correction Module) winged guidance kits.

Various Ukrainian military sources have noted the growing use of UMPK-fitted bombs by Russia, attributing frontline setbacks to the effectiveness of the weapon.

UMPK modules, widely regarded as an analogue of US-made Joint Direct Attack Munition (JDAM) kits, fit most freefall bombs in Russia’s arsenal. They are frequently upgraded with thermobaric and cluster munitions, which have already been observed being used on the frontline.

 

AP/RT

Nigeria’s World Cup qualifying hopes took a heavy blow with a 2-1 defeat by Benin on Monday, but Ghana and Algeria salvaged wins while Egypt drew after all three were behind at halftime.

Ghana's Jordan Ayew got a hat-trick as they beat the Central African Republic 4-3 in Kumasi after trailing 2-1 at the break, while Algeria were 1-0 down to Uganda in Kampala but second-half goals from Houssem Aouar and Said Benrahma secured a 2-1 win.

Mohamed Salah came to Egypt’s rescue with a sensational equaliser for a 1-1 draw in Guinea Bissau.

Nigeria lost away to Benin, who were forced to move the match to Abidjan in the Ivory Coast because their own stadium in Cotonou was declared unfit for use in international games.

Nigeria were ahead when Raphael Onyedika netted in the 27th minute, hesitating at first before squeezing the ball home, but Benin bounced back with goals by Jodel Dossou and Steve Mounie.

Dossou sprinted onto a breakaway chance to score but hurt his hamstring in the process and had to come off soon after the 37th minute goal while Mounie had a free back post header to win the game as he profited from poor Nigeria defending.

The Super Eagles, who were favourites in Group C, have not won any of their opening four group matches and sit on three points while Benin lead with seven.

The victory was particularly sweet for coach Gernort Rohr, sacked by Nigeria three years ago on the eve of taking them to the Africa Cup of Nations finals, and he was carried on the shoulders of his players at the final whistle.

Ghana battled the rain to stage a spirited comeback with Ayew the hero, after being presented with a commemorative shirt before the match to mark 100 caps.

Ghana moved top of Group I with nine points after the victory, which followed an away triumph in Mali last week where Ayew snatched a late winner.

Egypt have a four-point lead in Group A while Algeria’s away win restored top spot in Group G after Guinea lost 1-0 to a last minute penalty for Mozambique, who join Algeria on nine points.

Botswana are on six points in the group after a 3-1 away win over Somalia.

Only the winners of the nine African groups qualify for the 2026 World Cup in North America but the best runner-up also has a chance for a slot via a lengthy playoff system.

More African qualifiers are being played on Tuesday, which marks the end of the fourth round of group matches.

 

Reuters

I often write down my goals in a tiny notebook that I keep close to my bed. Most of the time, I don’t go back and read what I wrote — I just move on to the next.
But maybe I’ll start revisiting the aspirations in my notebook after reading Julia Stewart’s success story. Stewart, who became IHOP’s first-ever female CEO in 2002, types out her “life’s goals,” then prints and frames them on her desk.
It’s something the 68-year-old has been doing for roughly five decades, and says it helped her succeed in her career.
“I started my first life goals when I graduated from high school. I’ve changed them, usually, around every 10 years,” Stewart says. She’s spent about two decades as a chief executive, currently at Alurx, a wellness company she founded in 2020, 3 years after leaving IHOP's parent company, DineEquity. 
Her goals have always focused on three categories, she says: career, personal life and giving back. Right now, her list contains 10 entries, ranging from the family-centric — “love, encourage, and commit to” her husband Tim; “love and nourish” her children — to work goals like “build Alurx to be the #1 wellness app” and “mentor women from all walks of life.”
The list also includes personal reminders: be a great friend; practice gratitude every day; take care “of my body, heart, and soul.”
There’s something useful about writing your goals down, experts say — both the short-term and long-term ones. It can help you think more strategically about what you want to achieve and make it easier to track your progress.
Looking back, there are several goals that I’ve met, but haven’t celebrated, simply because I forgot about them. Though I probably won’t keep them framed at my desk, I’ll set them as my phone's lock screen as a constant reminder.

 

CNBC

The National Bureau of Statistics (NBS) says Nigeria recorded a N6.5 trillion trade surplus between January and March of 2024.

NBS made this known in its foreign trade report for the first quarter (Q1) of 2024 on Sunday.

In the first quarter of the year, NBS said Nigeria’s exports totalled N19.1 trillion and total imports were N12.6 trillion — indicating a trade surplus of N6.5 trillion.

A trade surplus is an economic indicator of a positive trade balance in which the exports of a nation outweigh the country’s imports.

“Nigeria’s total merchandise trade was N31.8 trillion in Q1, 2024. This represents an increase of 46.27 percent over the value recorded in the preceding quarter and rose by 145.58 percent compared to the value recorded in the corresponding period of 2023,” the bureau said. 

“Data revealed that export accounted for 60.25 percent of total trade in the reviewed quarter with a value of N19.1 trillion, showing an increase of 51 percent compared to the value recorded in Q4 2023 (N12.6 trillion) and by 195.47 percent over the value recorded in the first quarter of 2023 (N6.487 trillion).

“On the other hand, the share of total imports accounted for 39.75 percent of total trade in the first quarter of 2024 with the value of imports amounting to N12.6 trillion in Q1, 2024. 

“This value indicates an increase of 39.65 percent over the value recorded in Q4 2023 (N9 trillion) and rose by 95.53 percent compared to the value recorded in Q1 2023 (N6.4 trillion). 

“The merchandise trade balance for Q1 2024 was positive at N6.5 trillion.”

The exports trade in the first quarter of this year was dominated by crude oil exports valued at N15.48 trillion, representing 80.80 percent of total exports while the value of non-crude oil exports was N3.68 trillion accounting for 19.20 percent of total exports; of which non-oil products contributed N1.7 trillion or 9.28 of total exports.

FRANCE TOPS NIGERIA EXPORTS IN Q1 2024

NBS said that in the first quarter of 2024, the top trading export partners were France, Spain, the Netherlands, India, and the United States. 

The bureau added that the most exported commodities included crude oil, liquefied natural gas, sesame seeds, urea (whether or not in aqueous solution), and superior-quality cocoa beans.

“Export destinations by countries during the quarter under review show that the highest export destination was France with a value of N2.1 trillion or 11.09% of total exports, followed by Spain with N2 trillion or 10.56% of total exports,” NBS said.

“The Netherlands with goods valued at N1.6 trillion representing 8.85% of total exports, India with N1.6 trillion or 8.41% of total exports, and the United States with N1.3 trillion or 6.84% of total export.”

NBS said these five countries collectively accounted for 45.74 percent of the value of total exports in Q1 2024.

On the other hand, China ranked highest among the top trading partners on the import side, followed by India, the United States, Belgium, and The Netherlands. 

“Analysis by trading partners reveals that imports originated mainly from China and were valued at N2.9 trillion, representing 23.18% of total imports,” the bureau said. 

“This was followed by imports from India with ₦1 trillion (8.46% of total imports), USA with imports valued at N1 trillion or 7.98% of total imports, Belgium with N955 billion (7.56% of total imports) and the Netherlands with N591 billion or 4.68% of total imports.”

Furthermore, NBS said the most traded commodities were motor spirit ordinary, gas oil, durum wheat (not in seeds), cane sugar meant for sugar refinery, and other liquefied petroleum gases and other gaseous hydrocarbons.

 

The Cable

November 06, 2024

3 steps you can't miss when growing your business

Peter Daisyme Key Takeaways Consistent, strategic effort is essential for long-term business growth; shortcuts won't…
November 06, 2024

New York Times projects Trump’s win as Harris’ path to victory narrows

Republican presidential candidate Donald Trump has an 89% chance of victory in the election, making…
October 31, 2024

The No. 1 misconception about failing

Aditi Shrikant There are few massive success stories that didn’t start out with some sort…
November 02, 2024

This startup helps parents-to-be select embryos for ‘designer babies’ with higher IQ, other traits

American start-up Heliospect Genomics is charging wealthy parents-to-be up to $50,000 to screen their embryos…
November 06, 2024

Fierce battle in Niger state as local vigilantes take on bandits

Members of the local vigilantes from Madaka community in Rafi Local Government Area of Niger…
November 06, 2024

Here’s the latest as Israel-Hamas war enters Day 397

Netanyahu sacks defence minister, jolting Israeli politics as war grinds on Israeli Prime Minister Benjamin…
October 16, 2024

The AI revolution: How Predictive, Prescriptive, and Generative AI are reshaping the world

Bernard Marr In the ever-evolving landscape of artificial intelligence, three powerful forces are reshaping our…
October 27, 2024

Nigeria awarded 3-0 win over Libya after airport fiasco

Nigeria have been awarded a 3-0 victory over Libya, and three vital points, from their…

NEWSSCROLL TEAM: 'Sina Kawonise: Publisher/Editor-in-Chief; Prof Wale Are Olaitan: Editorial Consultant; Femi Kawonise: Head, Production & Administration; Afolabi Ajibola: IT Manager;
Contact Us: [email protected] Tel/WhatsApp: +234 811 395 4049

Copyright © 2015 - 2024 NewsScroll. All rights reserved.