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South Korean President Survives Impeachment Vote Amid Political Turmoil

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South Korean President Yoon Suk Yeol narrowly avoided impeachment as the opposition-led National Assembly’s motion fell short of the 200 votes needed. Only 195 votes were cast after members of Yoon’s ruling People Power Party boycotted the session.

The political crisis began earlier this week when Yoon briefly declared martial law, shocking the nation and global markets. The decree, which marked the first such move in nearly four decades, was rescinded within six hours amid widespread backlash.

Saturday’s vote highlighted deep divisions, with opposition lawmakers urging defections from the ruling party. Three People Power Party members voted, but it wasn’t enough to remove Yoon. Protests outside parliament saw over 100,000 demonstrators calling for his ouster, while smaller groups rallied in his support.

In a public address, Yoon apologized for the turmoil but refrained from resigning, leaving his future to his party’s decision. Investigations are underway into allegations of abuse of power and insurrection, with severe penalties, including life imprisonment, on the line.

The opposition has vowed to push for another impeachment attempt, as the political crisis continues to escalate.

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“You Can Still Have Subsidy Without Long Queues” — Rufai Oseni Speaks On Subsidy

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TV anchor Rufai Oseni makes headlines as he speaks on fuel subsidy in Nigeria. He shared that Nigeria can have fuel subsidy without the long queues at filling stations.

“When we were still paying subsidies, there were no long queues. We were subsidising. So you can still have a subsidy regime going on, and there will be no long queues because production was close by. Dangote had it. That’s just it. That argument also falls flat.

“The biggest beneficiaries of subsidy are not Nigerians. They are crony capitalists that have big infrastructure, and they do contracts. They have been the biggest beneficiaries of the subsidy,” he said.


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Sanwo-Olu Speaks on Lagos’ Power Challenges and the Need for Change

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Lagos State Governor, Sanwo-Olu, speaks to those in the electricity sector about the usual blackouts in the state.

He speaks on ways things can change in the state and how electricity can be provided.

“We need to drop corporate egos, abandon long-standing excuses, and confront the harsh realities obstructing progress in the power sector.”

“We, state governments, used to give excuses that everything is centralised, so the Federal Government has unbundled it now. What have we done in a year and a half?” Sanwo-Olu asked.

“We take two steps forward, we go five steps backward,” he said.

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Sanwo-Olu Declares August 20 Public Holiday in Lagos for Isese Festival

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Lagos State Governor Babajide Sanwo-Olu has declared Thursday, August 20, a work-free day for public servants in the state to mark the Isese Festival.

Speaking on the celebration, he said “Ìṣẹ̀ṣe is not a relic. It is a living expression of our traditions and a celebration of Yoruba spirituality as an important part of Nigeria’s cultural and religious landscape,” he said.

He added “When the drums sound in Lagos on Thursday, they answer drums in Havana, in Salvador, in Port of Spain. Fifty-five million people and counting. Lagos is not observing a local holiday. Lagos is standing at the centre of a global heritage,” Aregbe said.


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