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Nigeria Joins BRICS Diplomats in Key Meeting Over US Trade Policy Concerns
On Monday, Nigeria participated in a pivotal meeting with senior diplomats from the BRICS countries in Rio de Janeiro, Brazil. The gathering aims to discuss the mounting global challenges posed by the aggressive trade policies of U.S. President Donald Trump, whose recent tariff impositions have raised concerns about the stability of the world economy.....KINDLY READ THE FULL STORY HERE▶
The meeting comes at a crucial time, following the International Monetary Fund’s downward revision of global growth projections due to the economic impact of the new tariffs. Trump’s decision to impose a blanket 10% tariff on numerous countries, including high levies of up to 145% on Chinese products, has intensified global market volatility.
During the two-day event, diplomats from Brazil, Russia, India, China, and South Africa will deliberate on a collective strategy to safeguard the multilateral trading system. Mauricio Lyrio, Brazil’s BRICS representative, confirmed that the group is preparing a joint statement reaffirming the importance of global cooperation in trade.
Since its establishment in 2009, BRICS has expanded its reach to include Iran, Egypt, and the United Arab Emirates, now comprising almost half of the world’s population and 39% of the global GDP. The diplomatic discussions in Rio are seen as a prelude to a larger leaders’ summit scheduled for July.
Adding to the tension, President Trump has threatened to impose a 100% tariff on BRICS nations if they undermine the U.S. dollar. Diplomats are also expected to discuss the ongoing war in Ukraine, climate change, and the upcoming COP30 climate summit, which will be hosted by Brazil in November.
The summit will also feature participation from partner countries like Cuba, Malaysia, and Uganda, further broadening the scope of the discussions. The meeting’s outcomes could significantly influence the global economic landscape, especially as nations seek to navigate the complexities of a changing international trade environment.
Kaduna State Governor, Uba Sani, says the state has mapped out 22,435 hectares of degraded land for restoration under the Agro-Climatic Resilience in Semi-Arid Landscapes (ACReSAL) project using modern geospatial mapping technology.....KINDLY READ THE FULL STORY HERE▶
He said the initiative is part of efforts to strengthen climate resilience, tackle environmental degradation, and promote sustainable land use in the state.
Speaking at the ACReSAL mid-term review meeting in Kaduna through the Commissioner for Environment and Natural Resources, Abubakar Buba, the governor explained that the use of geospatial tools has made it possible to accurately identify affected areas for targeted intervention.
He added that the project is not only focused on land recovery but also on boosting agricultural output and improving livelihoods in affected communities.
Sani also noted that the state is supporting the programme with empowerment initiatives, including training over 500 women, youths, and school feeding vendors in biomass briquette production.
According to him, the effort is already helping to reduce dependence on firewood while creating alternative sources of income for beneficiaries.
President Tinubu has given full backing for the implementation of the ₦68.32 trillion 2026 budget after signing the Appropriation Bill passed by the National Assembly into law.....KINDLY READ THE FULL STORY HERE▶
He also approved an amendment extending the lifespan of the 2025 budget from March 31 to June 30, 2026, to ensure completion of ongoing capital projects nationwide.
Under the 2026 fiscal plan, ₦4.799 trillion is set aside for statutory transfers, ₦15.8 trillion for debt servicing, ₦15.4 trillion for recurrent spending, while ₦32.2 trillion goes to capital projects—about half of the total budget.
The focus, according to the administration, is on infrastructure development, security, and growth-driven investments aimed at improving living standards.
Speaking on the development, presidential aide Bayo Onanuga said the extension of the 2025 budget will help ensure full use of allocated funds, especially for major ongoing projects.
Tinubu directed all ministries, departments, and agencies to ensure transparency, discipline, and value-for-money in implementing the budget, while praising the National Assembly for its swift passage of the bill.
He also reaffirmed his administration’s commitment to economic reforms, revenue growth, job creation, and social welfare improvements.
The Peoples Democratic Party (PDP) in Kwara State has described moves to prosecute former Senate President Bukola Saraki and former Governor Abdulfatah Ahmed over alleged culpable homicide as an attempt to reopen the 2018 Offa robbery tragedy for political purposes.....KINDLY READ THE FULL STORY HERE▶
In a statement on Friday, the party’s spokesperson, Olusegun Adewara, said the development is a disturbing and dangerous politicisation of a case they claim has already been addressed through judicial processes.
He warned against dragging the state into fresh tension, accusing the state government of attempting to revive old allegations for political advantage.
Adewara said the PDP would not remain silent while what he called “political narratives” are used to influence public perception around a tragic incident that claimed multiple lives in Offa in 2018.
He also urged residents, especially affected families, not to allow their pain to be used for political gains, insisting it is unjust to associate Saraki with the crime.
The party further alleged that the move is aimed at distracting attention from governance challenges in the state.
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