Headline

Trump, Kim in Historic Handshake

Published

7 years ago

June 12, 2018

Eric

Donald Trump and Kim Jong Un made history Tuesday, becoming the first sitting US and North Korean leaders to meet and shake hands, as they seek to end a tense decades-old nuclear stand-off.

The two men strode toward each other and shared the momentous handshake beneath the white-washed walls of an upscale hotel in neutral Singapore, before sitting down for a half-day of meetings with major ramifications for the world.

They shook hands for several seconds, Trump reaching out to touch the North Korean leader on his right shoulder.

As they sat down for their one-on-one meeting, the US leader predicted a “terrific relationship” with Kim.

The extraordinary summit was unthinkable only months ago.

Then, the two nuclear-armed foes appeared on the verge of conflict, as Kim conducted nuclear and missile tests and the two leaders slung personal insults.

Trump had cajoled the international community to exert “maximum pressure” to buckle Kim’s regime and threatened to unleash “fire and fury like the world has never seen” if Pyongyang did not disarm.

For his part, Kim called the US leader “mentally deranged” and a “dotard” as he fired off a series of provocative weapons tests.

That seemed a distant memory amid the palms of the ultra-exclusive Capella Hotel.

It is a potentially legacy-defining meeting for both men — comparable to president Richard Nixon’s 1972 visit to China, or Ronald Reagan’s summit 1986 with Mikhail Gorbachev in Reykjavik.

And it is part of what Trump calls a “one-time” offer to resolve the stand-off through diplomacy.

“We will all know soon whether or not a real deal, unlike those of the past, can happen!” Trump tweeted shortly before departing for the summit.

– Hugely symbolic talks –

The pair — Kim in his thirties and consolidating his dictatorship, Trump in his seventies and struggling to bend Washington to his impetuous will — are unlikely protagonists, both instantly recognisable, so much larger-than-life as to be cartoonish.

But their work today is deadly serious.

They represent nations that are still technically at war, even if the mortars, carbines and gunships of the bloody 1950s conflict have long since fallen silent.

But that frozen Cold War-era conflict risks being thawed by North Korea’s increasingly potent weapons programs.

The totalitarian regime is on the cusp of marrying nuclear and missile technology that would put Los Angeles, New York and Washington within striking distance of a nuclear holocaust.

The United States says that is unacceptable and will be dealt with, one way or another.

For North Korea the talks are hugely significant.

Standing beside the US president in front of a phalanx of cameras is an enormous step toward ending decades of international isolation and legitimises a regime which is among the world’s most ruthless.

– ‘Brighter future’ –

Still, it remains far from clear that Pyongyang is willing to give up its nukes -— weapons that may be the ultimate guarantee of regime survival.

On the eve of the meeting, aides for both men were still scrambling to narrow yawning differences over “denuclearisation”, which means vastly different things to the two parties.

Trump will use what he says are legendary instincts to see whether Kim if bluffing, buying time or is serious.

In return, his administration may be willing to offer security guarantees, normalisation of relations, sanctions relief and economic aid that would transform North Korea from the sick man of Asia.

Secretary of State Mike Pompeo said on the eve of the summit that the United States is willing to offer the regime “unique” security guarantees.

“We will take actions to provide them sufficient certainty that they can be comfortable that denuclearisation is not something that ends badly for them,” Pompeo said.

“Just the opposite. That it leads to a brighter and better future for the North Korean people.”

Kim and Trump will first meet one-on-one in a closed session, before a larger meeting with key advisers, US officials said.

But the summit itself is unlikely to be the end game, more likely it is the start of a longer process of negotiation.

Pompeo said he was “very optimistic we will have a successful outcome with the two leaders.”

“There are only two people that can make decisions of this magnitude. Those two people will sit in a room tomorrow.”

However, Washington’s top diplomat also warned the United States would not be “duped” and that nothing less than complete, verifiable and irreversible denuclearisation was acceptable.

AFP.

Headline

Tinubu Presents N47.9trn 2025 Appropriation Bill to NASS

Published

2 days ago

December 18, 2024

Eric

President Bola Tinubu, on Wednesday, presented the proposed 2025 federal budget to a joint session of the National Assembly.

The N47.9 trillion budget saw a whopping N3.5 trillion allocated to the education sector.

Other sectors that got higher allocations include defence and security – N4.91tn, infrastructure – N4.06tn and health – N2.4tn.

“It is with great pleasure that I lay before this distinguished joint session of the National Assembly, the 2025 Budget of the National Assembly of Nigeria titled, ‘The Restoration Budget’ security peace, building prosperity,” Tinubu said as he concluded his 30-minute presentation at 1:10pm.

This budget highlights the government’s focus on improving education, healthcare, and infrastructure, in line with its ‘Renewed Hope Agenda’ aimed at boosting the economy and addressing key national priorities.

The live broadcast of the budget presentation today revealed the government’s plans for the next fiscal year. With a strong emphasis on human capital development, the president highlighted the budget’s commitment to improving the nation’s economic foundation.

Education sector receives major funding

A significant portion of the 2025 budget is dedicated to education, with N3.5 trillion allocated to the sector. President Tinubu stated that part of this funding would be directed toward infrastructure development, including support for Universal Basic Education (UBEC) and the establishment of nine new higher educational institutions.

“We have made provision for N826.90 billion for infrastructural development in the education sector,” Tinubu said.

This allocation aims to improve educational facilities and support ongoing efforts to strengthen Nigeria’s educational system.

Focus on human capital development

During the presentation, the president emphasized the importance of investing in Nigeria’s human capital. “Human capital development, our people are our greatest resource. That is why we are breaking record investment in education, healthcare, our social services,” he remarked.

Tinubu also pointed to the N34 billion already disbursed through the Nigerian Education Loan Fund (NELFUND) to assist over 300,000 students.

The budget includes continued investments in healthcare and social services as part of the broader goal of enhancing the quality of life for Nigerians.

Strengthening the economy and national security

Tinubu highlighted that the 2025 budget is designed to build a robust economy while addressing critical sectors necessary for growth and security.

“This budget reflects the huge commitment to strengthening the foundation of a robust economy, while addressing the critical sectors essential for the growth and development we envision; and secure our nation,” he said.

The budget aims to tackle key challenges and foster long-term economic stability by prioritizing infrastructure and development in key sectors.

Healthcare and social services allocations

In addition to education, Tinubu focused on the allocation for healthcare and social services. The government plans to increase investments in healthcare infrastructure and services to ensure broader access to essential healthcare for Nigerians.

These investments are part of the administration’s strategy to improve overall living conditions and enhance public health across the country.

President Tinubu’s proposed 2025 budget is said to reflect the administration’s commitment to achieving its development objectives, with a focus on economic growth, human capital development, and infrastructure improvement.

As the National Assembly reviews the budget, the president reiterated his administration’s resolve to address the nation’s most pressing needs.

Source: Nairametrics

Headline

Ghana’s President-elect Mahama Visits Tinubu in Abuja

Published

3 days ago

December 17, 2024

Eric

Ghana’s President-Elect, Dr. John Dramani Mahama, a courtesy visit to President Bola Tinubu at his residence, Presidential Villa, State House on Monday.

Mahama won 56 percent of the votes in this month’s presidential election, compared to the ruling party candidate and Vice President Mahamudu Bawumia, who secured 41 percent.

The landslide comeback for former president Mahama ended eight years in power for the New Patriotic Party (NPP) under President Nana Akufo-Addo, whose last term was marked by Ghana’s worst economic turmoil in years, an IMF bailout and a debt default.

Headline

I Stand by What I Said, Kemi Badenoch Replies VP Shettima

Published

1 week ago

December 12, 2024

Eric

The leader of the United Kingdom’s Conservative Party, Kemi Badenoch, has lashed back at Vice President Kashim Shettima over the latter’s reaction to her comments about Nigeria.

Badenoch was born in the UK in 1980 to Nigerian Yoruba parents.

Badenoch, who attained age 16 in Nigeria before departing the country for the UK where she was elected Conservative Party’s leader, described Nigeria as a nation brimming with thieving politicians and insecurity.

However, Shettima, while speaking at the 10th Annual Migration Dialogue at the Presidential Villa in Abuja on Monday, December 9, 2024, accused Badenoch of “denigrating her country of origin” with her remarks.

The vice-president listed influential people whose families had migrated to other countries, commending former UK Prime Minister Rishi Sunak as a “brilliant young man who never denigrated his nation of ancestry.”

Reacting on Wednesday, Badenoch lashed back at Shettima, saying she doesn’t do “PR for Nigeria”.

Her spokesperson, as the Tory leader, according to UK Express, said: “Kemi is not interested in doing Nigeria’s PR; she is the Leader of the Opposition in the UK.

“She tells the truth; she tells it like it is; she isn’t going to couch her words. She stands by what she said.”