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Crushing Terror: Nigerian Military Foils Terror Plots, Dismantles 643 Illegal Refineries
Crushing Terror: Nigerian Military Foils Terror Plots, Dismantles 643 Illegal Refineries....KINDLY READ THE FULL STORY HERE▶
The Nigerian Military has reported significant achievements in its ongoing operations against terrorism, violent extremism, and criminal activities during the second quarter of 2024. According to Major Gen Edward Buba, Director of Defence Information, troops conducted operations resulting in the elimination of 2,245 terrorists, the arrest of 3,682 suspects, and the rescue of 1,993 kidnapped hostages.
In addition to these operations, troops dismantled 643 illegal refinery sites, preventing an estimated N10.5 billion worth of oil theft. They also recovered substantial amounts of stolen crude oil and other petroleum products, totaling 9,225,149 litres of crude oil, 2,874,916 litres of AGO, 29,900 litres of DPK, and 31,380 litres of PMS. Furthermore, the military recovered 2,783 weapons and seized 64,547 ammunitions, including rifles and assorted arms.
Detailing specific theatre operations, Major Gen Buba highlighted successes in various regions. In the North East, Operation Hadin Kai neutralized 857 terrorists, arrested 913 suspects, and facilitated the surrender of 4,582 BH/ISWAP combatants. Operations in the North Central, North West, Niger Delta, and South East also saw significant actions against criminal elements, including operations targeting IPOB/ESN in the South East, resulting in the arrest of key figures and the discovery of multiple graves within their camps.
The military emphasized its commitment to ongoing efforts to degrade terrorist capabilities and maintain operational flexibility to ensure national security. Despite ongoing challenges, including communal clashes and criminal activities, the armed forces remain resolute in their mission to safeguard citizens and uphold international laws governing armed conflict.
Nigeria’s Ambassador-designate to Mexico, Reno Omokri, has asserted that the nation’s global reputation for corruption is inaccurate and fails to account for local cultural context. Speaking on Channels Television’s Sunday Politics, Omokri argued that while the country’s corruption perception index has improved under President Bola Tinubu, international organizations continue to misjudge Nigeria by imposing foreign standards on domestic traditions.....KINDLY READ THE FULL STORY HERE▶
As an example, Omokri cited the long-standing cultural practice of showing appreciation to public officials who perform their duties effectively. He contended that while entities like Transparency International classify such gestures as bribery, these actions are not inherently corrupt within the Nigerian cultural framework.
Omokri further emphasized that Nigeria must take control of its own narrative, arguing that relying on external organizations to define the country perpetuates negative stereotypes of poverty and backwardness. In addition to his remarks on governance, he highlighted Lagos State’s significant economic progress under Governor Babajide Sanwo-Olu, noting an increase in GDP from under $100 billion to approximately $259 billion in purchasing power parity terms over the last six years, alongside rising income levels.
Addressing security concerns, Omokri dismissed claims that Nigeria is unsafe, pointing to the annual Detty December events in Lagos. He stated that the festivities draw 1.2 million tourists—making it Africa’s largest tourism event—without a single fatality or injury recorded.
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The Ultimate Breakaway: NNPP Dramatically Severs Ties With G-100 Coalition And Drops Bombshell On 2027 Strategy!.
The New Nigeria Peoples Party (NNPP) has officially dissociated itself from the G-100 coalition as various political groups and parties begin strategic realignments ahead of the 2027 general elections. Clarifying the party’s stance on Sunday during an appearance on Arise Television, NNPP National Chairman Agbo Major explained that while the party had initially nominated a presidential candidate, that candidate subsequently stepped down owing to logistical and administrative hurdles.....KINDLY READ THE FULL STORY HERE▶
Major noted that the current absence of a flagbearer stems from the party’s ongoing consultations and negotiations with other political entities, adding that the leadership will convene shortly to determine its definitive strategic direction. Addressing the coalition directly, Major stated that the NNPP is not affiliated with the G-100, viewing the initiative as an experiment to monitor from a distance. Furthermore, he raised doubts regarding the feasibility of the coalition, highlighting potential friction points—specifically the challenge of convincing prominent political figures and rival parties to step down for one another in pursuit of a consensus candidate.
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The Ultimate Breakdown: Dollar Traded Around ₦1,325 – ₦1,330 At Official Windows While Parallel Market Holds Near ₦1,390
The Nigerian naira maintained its standing against the United States dollar within the official foreign exchange market. According to data provided by the Central Bank of Nigeria (CBN), the local currency exchanged at ₦1,326.5192 per dollar, holding steady at the exact figure recorded the previous day. Meanwhile, at the parallel market, the naira concluded trading at ₦1,390 against the dollar.....KINDLY READ THE FULL STORY HERE▶
It is important to note that actual transaction rates offered by commercial banks, Bureau de Change (BDC) operators, and other authorized foreign exchange dealers frequently deviate from these reference figures. Such variations are driven by individual transaction margins, as well as the immediate dynamics of supply and demand in the open market. Moving forward, key market participants remain vigilant, closely tracking foreign exchange liquidity inflows, underlying dollar demand, and future policy directives from the Central Bank of Nigeria to determine whether the naira can successfully preserve its recent gains throughout the month.
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