News
“China Is Not Afraid of Trade War With the US” – Xi Jinping Says to Trump
Xi Jinping, China’s leader, has firmly stated that his country is “not afraid,” addressing the ongoing trade war with the United States for the first time publicly.
Speaking with Spanish Prime Minister Pedro Sanchez in Beijing on Friday, Xi made it clear that China would not be intimidated by external pressures, as reported by state broadcaster CCTV.
The trade war, which began under President Donald Trump, has rattled global markets and raised concerns about a potential worldwide recession.
Xi emphasized, “There are no winners in a trade war. Pursuing conflict with the world will only lead to isolation.”
He added, “For over seven decades, China’s progress has been driven by hard work and self-reliance, not by handouts from others. We are not afraid of any unfair suppression.”
“China will stay confident, focused, and committed to managing its own affairs, no matter how the external situation evolves.”
These comments followed the announcement from The White House that the Trump administration has raised tariffs on Chinese goods to 145 percent, with the new rates taking effect immediately.
News
Ngozi Okonjo-Iweala Says Nigeria Lacks a Maintenance Culture
The Director-General of the World Trade Organization (WTO), Ngozi Okonjo-Iweala, has spoken on Nigeria’s economy, stating that the country lacks a good maintenance culture.
She said “The fact is that endowments alone do not add value. Budgetary allocations alone do not lead to new roads or good maintenance.”
“We lack a maintenance culture in the country. I have to say that. I’m Nigerian, but we need that. We need better ports and digital infrastructure, and lower trade costs. Execution is what matters, and successful execution requires focus. It requires prioritisation.”
News
Peter Obi Criticises President Tinubu’s Statement on Hunger
Politician and former presidential candidate Peter Obi speaks on President Bola Tinubu’s comments regarding the rising hunger and worsening economic situation in Nigeria.
It can be noted that the President recently stated that hunger has always existed in Nigeria.
Peter Obi responded “I watched with deep concern the statement made by President Bola Tinubu to the Catholic Bishops, that there has always been hunger in Nigeria, even before he was born.”
“While it is true that hunger has been a part of human life and has existed in our country for decades, such a statement appears insensitive to the plight of the millions of Nigerians who face worsening economic hardship today.”
News
Nigerian Army Launches New IED Training Programme
Reports have been shared stating that the Nigerian Army has launched a new programme designed to train and improve the skills of engineers in tackling threats posed by Improvised Explosive Devices (IEDs).
The seminar is being organised by the 41 Engineer Brigade of the 1 Division Nigerian Army.
It was stated “Improvised Explosive Devices have become one of the greatest security threats confronting the Nigerian Army in ongoing counter-insurgency operations. Their widespread use has complicated military operations and humanitarian activities in conflict-affected areas.”
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