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Breaking: Currency Crisis Sparks Action, President Chakwera Enforces Suspension on Overseas Travel-Himself And Cabinet (Details)

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The President of Malawi, Lazarus Chakwera, announced on Wednesday the suspension of foreign trips for himself and cabinet members as a response to the recent 44% devaluation of the country’s currency. In a televised address, President Chakwera acknowledged the difficulty of this decision and emphasized the need for significant spending adjustments to prioritize essential areas…CONTINUE READING....KINDLY READ THE FULL STORY HERE▶

 

 

The Reserve Bank of Malawi had previously declared the devaluation to align the local currency with the U.S. dollar on the black market. This policy led to a substantial increase in the prices of various commodities, including fuel and electricity, by over 40%, prompting the President to suspend foreign trips until the end of the fiscal year in March.

Additionally, President Chakwera extended the suspension to public-funded trips for officials at all levels, including those in parastatals or state-owned enterprises, until March of the following year. Furthermore, he directed a 50% reduction in fuel allowances for high-ranking government officials, including ministers. The President insisted that all cabinet members currently abroad on public-funded trips must return to Malawi immediately.

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2027 Election: Ex-Minister Sambo Declares Support For Tinubu’s Re-Election.

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Former Minister of Transportation, Mu’azu Jaji Sambo, has declared his support for President Bola Tinubu’s re-election bid in 2027, urging Nigerians to give the president more time to complete his economic reforms.....KINDLY READ THE FULL STORY HERE▶

Sambo made the remarks in Jalingo, Taraba State, where he expressed confidence that the All Progressives Congress (APC) would perform strongly in the 2027 general elections.

The former minister, who previously served as Minister of State for Works and Housing before becoming Minister of Transportation under former President Muhammadu Buhari, coordinated the Tinubu/Shettima campaign in Taraba State during the 2023 elections.

While acknowledging the economic hardship and rising cost of living affecting Nigerians, Sambo argued that the sacrifices being experienced were necessary to achieve lasting economic and financial stability.

“We are not oblivious to the feedback from the common man and the general increase in cost of living. However, we believe that the sacrifices being made today are necessary for enduring economic and financial stability,” he said.

He expressed confidence that the situation would improve as the administration’s reforms and infrastructure investments begin to produce results.

“Nigerians can rest assured that it will get better. I firmly believe that the reforms, coupled with other interventions, including increased spending on infrastructure projects, will ultimately translate into long-term economic stability and prosperity for the people,” Sambo stated.

However, the former Taraba governorship aspirant acknowledged that the administration’s achievements were not being adequately communicated to Nigerians.

He urged government officials and APC stakeholders to explain the benefits of the president’s policies in simple terms that ordinary citizens could understand.

“Undoubtedly, PBAT is working, but we need men and women who will translate the impact of his work into simple terms that the common man on the street can understand. Many people are not adequately explaining the benefits of these reforms, either in the short or over the long term,” he said.

Sambo also called on Nigerians and political leaders to support Tinubu’s national development agenda.

“I believe it is high time all of us joined hands with President Tinubu to build our country,” he added.

The former minister expressed optimism that the APC would secure widespread support across the country in the 2027 elections.

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‘Northerners Are Their Own Problem’ – Uba Sani Fires Back At Tinubu’s Critics.

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Kaduna State Governor, Uba Sani, has blamed northern political leaders for the persistent poverty and developmental challenges facing the region, urging them to take responsibility for their past failures rather than shifting the blame to the current administration.....KINDLY READ THE FULL STORY HERE▶

The governor made the remarks while defending his support for President Bola Tinubu’s re-election bid in 2027, insisting that he would continue to stand by the president despite the economic hardship and rising cost of living affecting Nigerians.

Speaking in an interview with Daily Trust on Tuesday, Sani argued that northern leaders needed to examine their records and acknowledge their contributions to the region’s longstanding problems.

“The northerners are their own problem. We shouldn’t run away. The only way to help, I think, is for us to sit down and look at ourselves in the mirror, and accept that we are the problem,” he said.

Sani maintained that poverty in northern Nigeria did not begin with Tinubu’s administration, although he acknowledged that the region’s difficulties had worsened over the years.

He likened the situation to a dilapidated building that had been neglected for so long that restoring it had become increasingly difficult.

According to the governor, northern political leaders must accept responsibility for their past shortcomings instead of blaming the current administration for every challenge confronting the region.

He said he had previously called on leaders in the North to reflect on their performance and admit that they had disappointed the people, but his appeals had not received sufficient attention.

Despite public dissatisfaction over economic hardship and the rising cost of living, Sani insisted that he had no regrets about backing Tinubu’s second-term ambition.

“I have no apology supporting President Bola Ahmed Tinubu, and I will continue to support him till the last minute,” he declared.

When asked whether he was prepared to take political risks for the president, the governor expressed confidence that his decision would eventually be vindicated.

“I can tell you today, tomorrow, and next tomorrow, that I will be vindicated,” he said.

Sani explained that his support for Tinubu was partly rooted in their longstanding relationship, which dates back to 1994, when both men were involved in the struggle to restore democracy in Nigeria.

He recalled Tinubu’s association with the National Democratic Coalition (NADECO) and his support for pro-democracy activists during military rule, when some campaigners were forced into exile.

The governor said their shared commitment to democracy and the devolution of power had shaped his perception of the president.

He also argued that Tinubu’s administration had delivered benefits to Kaduna State through federal projects and appointments.

Among the projects he highlighted were the Federal University of Applied Sciences in Southern Kaduna, the Federal University of Education in Zaria, the Federal University of Petroleum Resources in Rigachikun and a proposed conversion of Kaduna Polytechnic into a federal university of technology.

He also cited the reconstruction of the Kaduna-Birnin Gwari road and the appointment of Kaduna indigenes to senior positions in the Federal Government.

According to Sani, these developments were benefits to the state rather than personal favours to him.

“The favour he has done is not to me, because he has not given me. It’s to the state,” he said.

The governor further challenged opposition parties to present credible alternatives to Tinubu instead of merely urging Nigerians to reject the president in the 2027 election.

“When you say don’t vote for Asiwaju, you must bring an alternative,” he stated.

Sani maintained that opposition parties seeking to replace Tinubu must convince Nigerians that they have better policies and plans to address the country’s challenges.

On security concerns in Kaduna State, the governor acknowledged that attacks remained a challenge, particularly in Millennium City.

He said he had discussed the situation with military and other security officials, adding that plans were underway to strengthen security operations in the area.

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Five Dead In Tragic Crash Involving Niger Governor’s Convoy, Four Victims Identified As FUT Minna Students.

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Four students of the Federal University of Technology, Minna (FUT Minna), and a Government House driver have died in a road accident involving a vehicle attached to the convoy of Niger State Governor, Mohammed Bago.....KINDLY READ THE FULL STORY HERE▶

The fatal collision occurred on Monday at Gidan Mangoro in Minna, when a Toyota Hilux conveying the Director-General of Government House, Dauda Chikuba, crashed into a car carrying the students.

All five victims reportedly died at the scene, while Chikuba sustained injuries and was rushed to a hospital for treatment.

Reports indicate that the governor’s convoy was returning to Minna from Bida, where Bago had paid a condolence visit to the Etsu Nupe and Chairman of the State Council of Traditional Rulers, Yahaya Abubakar, following the death of Sagi Nupe, Aisha.

The vehicle conveying the students was reportedly travelling in the opposite direction towards Bida when the collision occurred.

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