Good Evening. Here is today’s News Brief from The Matrix:
1. Tinubu Arrives Brazil For G20 Summit Focused On Sustainability, Global Challenges
President Bola Tinubu has arrived in Rio de Janeiro, Brazil, to participate in the 19th G20 Heads of State and Government Summit, themed “Building a Just World and a Sustainable Planet.”
Tinubu touched down on Sunday at 11:03 p.m. local time (Monday, 3:03 a.m. Nigerian time) and was warmly welcomed by Brazil’s Ministry of External Relations representative, Ambassador Breno Costa.
2. NERC Mandates DisCos To Replace Customers’ Faulty Meters
The Nigerian Electricity Regulatory Commission has warned Electricity Distribution Companies (DisCos) that it is their responsibility to replace customers’ faulty metres.
The Commission made this known in a statement on Monday amid a surge in complaints by Disco customers.
3. Obasanjo’s Tenure Left Democracy with “Mortal Wounds: Presidency
The Special Adviser to President Bola Tinubu on Public Communication, Sunday Dare, has criticized former President Olusegun Obasanjo for allegedly undermining Nigeria’s democratic progress during his administration.
In a statement shared on his X account, Dare accused Obasanjo of leaving a legacy of setbacks, including a failed third-term agenda, mismanagement, and unaccounted expenditures. He claimed that President Tinubu is now addressing the systemic damage left by Obasanjo’s tenure.
4. Afreximbank Posts Strong Financial Results In Q3
African Export-Import Bank “Afreximbank” has released the consolidated financial statements of the Bank and its subsidiaries, for the nine months ended 30 September 2024 (9M ‘2024).
The Group delivered a solid performance, closing the third quarter in a strong financial position, evidenced by its healthy liquidity levels, better asset quality, and robust capital adequacy levels.
5. Restore Baruwa As NURTW’s President Immediately — Falana To FG
Senior Advocate of Nigeria, Femi Falana, has urged the Federal Government to reinstate Tajudeen Baruwa as the President of the National Union of Road Transport Workers (NURTW), following court rulings affirming his leadership.
In a statement released on Monday, Falana called on Attorney-General of the Federation, Lateef Fagbemi SAN, and Inspector General of Police, Kayode Egbetokun, to enforce the judgments of the National Industrial Court and the Court of Appeal.
6. Sit-At-Home: Five Killed As Gunmen Attack Anambra Communities
Communities in the Anambra Central Senatorial Zone were thrown into chaos on Monday morning as gunmen enforcing the outlawed sit-at-home order attacked Abatete, Abagana, and Ukpo, leaving five people dead.
The attacks, which occurred between 8 a.m. and 10 a.m., reportedly targeted members of the Anambra Vigilante Services.
7. Labour Party Candidate Blames Obi, NLC For Election Defeat
The Labour Party (LP) governorship candidate in Ondo State, Ayodele Olorunfemi, has accused former Anambra State governor Peter Obi and the Nigeria Labour Congress (NLC) of undermining his chances in Saturday’s election.
Governor Lucky Aiyedatiwa of the ruling All Progressives Congress (APC) emerged victorious, winning all 18 local government areas with 366,781 votes. The People’s Democratic Party (PDP) candidate, Agboola Ajayi, followed with 117,845 votes.
Despite securing his place on the ballot through a Court of Appeal ruling days before the election, Olorunfemi said the damage to his campaign was already done.
8. NADDC Moves To Bridge $1bn Auto Spare Parts Importation
The National Automotive Design and Development Council (NADDC) has kick-started plans to reduce Nigeria’s reliance on imported spare parts, which currently cost the nation $1 billion annually.
Osanipin made this known at an event to conclude a two-week training of auto engineers and software automotive design in Abuja.
9. WHO Raises Alarm, Says Antibiotic Resistance Could Claim 39m Lives By 2050
The World Health Organization (WHO) has raised an alarm about the escalating threat of antimicrobial resistance (AMR), projecting that it could claim 39 million lives by 2050 if urgent global action is not taken.
10. Laboratory Scientists Vow To Tackle National Health Security Threats
The Association of Medical Laboratory Scientists of Nigeria (AMLSN) has vowed to tackle the growing threats to national health security.
The Association’s President, Dr. Casmir Ifeanyi, while speaking at the 60th Annual General Meeting (AGM) of the association in Owerri stressed the need for urgent action to address these challenges.
11. Equities Market Begins Week On Positive Note, Gain N15bn
Investors in the Nigerian equities market began the week positively gaining N15bn on the trading floor of the Nigerian Exchange Group (NGX) on Monday, November 18, 2024.
