Global Tariff and Commodity Price Shifts
The Federal Government, through its Economic Management Team, is examining the impact of the US’s new 14% tariff on Nigerian exports. A special sub-committee has been set up to address potential economic effects due to this development.
Senator Ndume’s Warning
Senator Ali Ndume has urged President Tinubu to be cautious if former President Buhari is not supporting him, emphasizing that despite having only one vote, Buhari’s influence remains significant in Northern Nigeria.
El-Rufai’s Response to Critics
Malam Nasir El-Rufai has responded to criticisms over his visit to former President Buhari, led by Atiku Abubakar and key political figures, calling for adversaries to not worry about the meeting in Kaduna.
Tinubu’s Paris Diplomacy
President Bola Tinubu met with Massad Boulous, the US Senior Advisor for Africa, in Paris to discuss strategies for addressing ongoing conflicts in eastern Democratic Republic of Congo (DRC), highlighting Nigeria’s role in international peace efforts.
Nigeria’s Crude and Gas Reserves
The Nigerian Upstream Petroleum Regulatory Commission announced that Nigeria’s crude oil reserves stand at 37.28 billion barrels, with a 64-year estimated lifespan. Gas reserves have reached 210.54 trillion cubic feet, indicating significant energy resources.
Protest in Rivers State
Thousands of women in Rivers State protested against President Tinubu’s declaration of a State of Emergency in the state. Their protest caused significant traffic disruptions along the Port Harcourt-Aba Expressway.
Kidnap Drama in Kaduna
Pastor Samson Ali, who was kidnapped in Kaduna State, has been released by his captors. However, the ransom bearer, Yusuf Ambi, was detained in his place. The pastor had been abducted on April 8, 2025.
Drug Raids in Kano
The National Drug Law Enforcement Agency in Kano has arrested 22 individuals in possession of illicit drugs following coordinated raids in the state, emphasizing the agency’s ongoing efforts to combat drug abuse.
Oil Theft Operations
The military’s Operation Delta Safe has apprehended 49 individuals involved in oil theft and dismantled 22 illegal refining sites in the past week, as part of the government’s ongoing effort to combat oil-related crimes.
Katsina Bandits Neutralized
In a joint security operation, the police and military forces in Katsina killed five bandits in Dandume Local Government Area. This operation was part of ongoing efforts to tackle banditry and improve security in the state.
Reference
Key Updates from Nigerian Newspapers: April 12, 2025