AFOLABI
Telecom tariff review: FG proposes 30-60% hike
The federal government has proposed a 30-60% increase in telecom tariffs to sustain the critical telecommunications sector while ensuring affordability for Nigerians.
The Minister of Communications and Digital Economy, Dr. Bosun Tijani, who disclosed this in an interview on Channels Television yesterday, stated that recommendations from independent consultants, including KPMG, had been received.
Rejecting demands by operators for a 100 per cent hike, Dr. Tijani explained that the government was considering a more moderate increase to strike a balance between affordability for consumers and the sustainability and continued growth of the sector.
He said: “The telecommunications sector contributes over 16 per cent to our GDP, employs thousands of Nigerians, and is essential to the nation’s digital economy. However, it is crucial to ensure that services remain accessible while maintaining the sector’s viability.”
Announcing key updates from the ministry, Dr. Tijani emphasized that the tariff review would prioritize consumer interests and sector sustainability.
He said the Nigerian Communications Commission, NCC, was overseeing the process, with recommendations based on data-driven analysis.
On rural connectivity investments, he said: “To address connectivity challenges in underserved areas, the government is deploying 90,000 kilometers of fiber-optic networks and building telecom towers in remote regions through Special Purpose Vehicles, SPVs.”
Dr. Tijani also addressed Nigeria’s leadership in global telecommunications infrastructure resilience, citing recent efforts to manage submarine cable disruptions.
He reiterated the government’s commitment to harmonizing taxes and declaring telecom infrastructure as critical national assets.
Assuring Nigerians of improved service delivery, the minister said operators would be held accountable for disruptions.
“We are implementing measures to ensure swift resolutions to service interruptions and better experiences for consumers.
“We are committed to ensuring meaningful connectivity for all Nigerians—25 Mbps in urban areas and 10 Mbps in rural areas—while fostering a sustainable environment for private and public investments,” he said.
2 arrested over terrorism financing, fake $160,000
Following the establishment of the Police Anti-money Laundering Units to checkmate terrorism Financing, operatives have arrested two suspects involved in counterfeit currencies in Kano and Nasarawa states with a total sum of over N129.54 million in Kano and $160,000 in Nasarawa State.
Force Public Relations Officer, ACP Muyiwa Adejobi made this known while disclosing the establishment of the Police Anti-Money Laundering Units of the Nigeria Police Force, and appointing, a renowned financial expert, CP Hyacinth Azuka Edozie with officers of the rank of Chief Superintendents of Police (CSPs) to lead the units in all State Criminal Investigation Departments (SCIDs) across the country.
The Force PRO said, “On December 8, 2024, at Gwale, Kano, operatives, acting on credible intelligence, apprehended Nura Ibrahim and discovered counterfeit currency, which included the sum of N129,542,823,000 in counterfeit currencies.
“A, breakdown showed 3,366,000 in Counterfeit US Dollars, 51,970 in Counterfeit CFA francs, and 1,443,000 in counterfeit Naira.
“Similarly, on January 13, 2025, the Force arrested 53-year-old Ephraim Barde in New Karu, Nasarawa State, with counterfeit U.S. dollar notes totalling $160,000.
He explained the initiative by IGP Egbetokun to establish terrorism Financing units, “is a strategic move to strengthen the Police’s role in national security, specifically in combating financial crimes.
‘It is also critical in countering the sophisticated methods used by terrorist organizations and other criminal entities to finance their activities.
“The establishment underscores the Force’s commitment to safeguarding national security by preventing and detecting illicit financial activities that could undermine the country’s stability.
“It also enhances the operational capacity of law enforcement agencies, especially the Nigerian Financial Intelligence Unit (NFIU) in furtherance of its global oversight functions, to address various security threats.
“As a testament to the zeal to curb financial crimes and boost national security, the Police recently made significant arrests in Kano and Nasarawa States.
“On December 8, 2024, at Gwale, Kano, operatives, acting on credible intelligence, apprehended Nura Ibrahim and discovered counterfeit currency, which included the sum of N129,542,823,000 in counterfeit currencies, with a breakdown of 3,366,000 in Counterfeit US Dollars, 51,970 in Counterfeit CFA franc, and 1,443,000 in counterfeit Naira.
“The arrest led to further arrests of accomplices Muhammed Muntari and Usman Abdullahi.
“Similarly, on January 13, 2025, the Force arrested 53-year-old Ephraim Barde in New Karu, Nasarawa State, with counterfeit U.S. dollar notes totalling $160,000.
“Following the arrest, further investigations are underway to determine the full scope of Barde’s involvement and identify any accomplices.
“The Police are committed to preventing further threats to the nation’s financial system.
“The Nigeria Police Force remains resolute in its efforts to combat financial crimes and ensure a secure economic environment to promote national security for the safety of all Nigerians and residents.
“The establishment of the Anti-Money Laundering Units is a vital step in this mission.
“The IGP calls on all citizens to play an active role in national security by reporting suspicious activities related to counterfeit currency and financial crimes.”
Details Of Crucial Meeting Between Tinubu And President Of UAE Emerge
President Bola Tinubu on Wednesday, met with the President of the United Arab Emirates (UAE), Sheikh Mohamed bin Zayed Al Nahyan.
Sharing details of the meeting, President Tinubu described the bilateral meeting as crucial to strengthening and expanding the relationship between Nigeria and the UAE.
According to the Nigerian leader, the discussions between the two leaders focused on key areas of mutual interest and exploring opportunities to deepen economic ties, and foster innovation.
Naija News reports Tinubu, who shared the details of the discussion on his X account, expressed confidence that the relationship between Nigeria and UAE will flourish and benefit the two nations.
“This evening, I joined His Highness, the President of the United Arab Emirates, Sheikh Mohamed bin Zayed Al Nahyan, for a crucial bilateral meeting to strengthen and expand the growing relationship between Nigeria and the UAE.
“Our discussions focused on key areas of mutual interest and exploring opportunities to deepen our economic ties, foster innovation, and enhance collaborative efforts that will benefit Nigeria and the United Arab Emirates.
“The UAE has proven to be a vital partner for Nigeria, and this bilateral meeting highlights our shared commitment to advancing strategic partnerships that promote sustainable development, trade and investments, regional stability, and prosperity for all.
“The Abu Dhabi Sustainability Week (ADSW) was an opportunity to reaffirm our commitment to global sustainability efforts, and I extend my congratulations on the remarkable success of this year’s ADSW and Zayed Sustainability Prize.
“We will keep building the groundwork for a future marked by cooperation, mutual respect, and shared progress between Nigeria and the UAE. I am confident that this relationship will continue to flourish, benefiting our nations and the global community,” the Nigerian leader shared.
Tinubu mishandling economy - Sanusi
The Emir of Kano, Muhammadu Sanusi II, on Wednesday, criticised the handling of the economy by President Bola Tinubu’s administration, asserting that things are not being done correctly.
He also posited that the government lacked persons of pedigree to articulate its policies for Nigerians to understand.
Sanusi, however, said unlike in the past when he offered economic advice to the Federal Government, he would not do the same for the Tinubu’s administration because the government had not acted like a friend to him.
The former Governor of the Central Bank of Nigeria spoke in Lagos at the 21st Memorial Lecture of Chief Gani Fawehinmi organised by the Nigerian Bar Association, Ikeja branch.
He chaired the lecture with the theme “Bretton Woods and the African Economies: Can Nigerians Survive Another Structural Adjustment Programme?”
The Tinubu-led Federal Government has faced intensed criticisms over its decision to remove fuel subsidy and float the naira, leading to mounting inflation and widespread economic hardship in the country.
Positing that the Federal Government had not handled the economy well, Sanusi remarked, “Is everything being done correctly? No. When I’m ready to discuss the economy, I will.”
Elaborating on his decision on his position not to offer economic advice to the government, Sanusi said, “I can provide insights into the challenges we face, how they were predictable, and even avoidable. But I won’t. I’ve chosen not to comment on the economy, reforms, or anything that could benefit this government. They are my friends, but if they don’t act like friends, I won’t act like one either.”
Sanusi was in 2020 deposed as the Emir of Kano by ex-governor Abdullahi Ganduje, who is now the National Chairman of the ruling All Progressives Congress.
Ganduje banished Sanusi and replaced him with Aminu Ado Bayero.
However, the incumbent Kano Governor, Abba Yusuf, sacked Bayero last year and reinstated Sanusi.
The development sparked a crisis in the ancient city, snowballing in court cases as Bayero refused to step down. He moved to a smaller palace where he enjoyed security protection, indicating he had federal support.
On Wednesday, Sanusi critised the government’s image makers, saying they lacked pedigree.
“They don’t even have people with the pedigree to articulate their policies to the public. Let them explain to Nigerians why they are implementing these measures. I started out helping, but I’ve stopped,” he said.
He attributed the current economic struggles partly to years of poor governance. “What we’re experiencing today is, at least in part, the result of decades of irresponsible management. People warned about the consequences of our actions, but those in power ignored them,” he noted.
Sanusi hinted that he might address the economy in the future but emphasised that now was not the time.
Efforts to get the reaction of the Presidency were unsuccessful as the presidential spokesmen, Bayo Onanuga, Sunday Dare and Daniel Bwala, could not be reached. Calls placed to their mobile lines were not picked up and they had yet to respond to text messages as of the time of filing this report.
In addition to his comments on governance, Sanusi urged Nigerian lawyers to emulate the integrity and virtues of the late Gani Fawehinmi, a renowned human rights activist and legal icon.
He lamented the decline of ethical standards in the legal profession, describing Fawehinmi as a symbol of good character and moral excellence.
Also speaking at the event, the Minister of Aviation and Aerospace Development, Festus Keyamo, (SAN), lauded the enduring legacy of the late Fawehinmi, describing him as a symbol of courage and justice.
Keyamo, who was represented by a Director in the Federal Airport Authority of Nigeria, Mr. Henry Agbebire, in his goodwill message, praised the organisers for ensuring Fawehinmi’s ideals remain a cornerstone of national discourse.
“The late Chief Gani Fawehinmi left an indelible mark on human rights advocacy, public service, and the legal profession. His legacy inspires us all with its courage, resilience, and unwavering commitment to justice for the common man,” he said.
Reflecting on his own legal journey, Keyamo acknowledged Fawehinmi’s mentorship as pivotal in shaping his activism and career.
“As someone whose human rights activism began under the mentorship of Gani Fawehinmi, I take pride in the continued relevance of issues he championed, including citizens’ rights, accountable governance, and equitable public policy. These principles guide my work today,” he remarked.
Keyamo also commended the lecture’s focus on Nigeria’s economic challenges, expressing confidence that the discussions would generate ideas to promote sustainable development and social justice.
“I trust the deliberations will offer solutions that can guide our nation towards economic progress and fairness,” he added.
While expressing regret for his absence, the minister assured attendees of his commitment to initiatives that uphold the values of justice, human rights, and socio-economic advancement.
Other prominent guests at the event were the NBA President, Afam Osigwe (SAN); Lagos State Attorney General and Commissioner of Justice, Mr Lawal Pedro (SAN), and human rights lawyer, Mr Femi Falana (SAN), amongst others.
IGP Launches Anti-Money Laundering Units To Combat Terrorism Financing
The Inspector-General of Police, IGP Kayode Adeolu Egbetokun, has inaugurated the Police Anti-Money Laundering Units within the Nigeria Police Force.
Naija News understands that this strategic move includes the appointment of a seasoned financial expert, CP Hyacinth Azuka Edozie, alongside Chief Superintendents of Police (CSPs) to oversee operations in all State Criminal Investigation Departments (SCIDs) across the nation.
According to a statement released by the Force Public Relations Officer, ACP Olumuyiwa Adejobi, on Wednesday, 15th January 2025, the initiative aims to fortify the Police’s capacity in safeguarding national security, particularly in tackling financial crimes.
The units will play a pivotal role in dismantling the complex mechanisms employed by terrorist organizations and other criminal entities to fund their operations.
This development reaffirms the Force’s dedication to combating illicit financial activities that threaten Nigeria’s stability.
It also aligns with efforts to enhance collaboration with the Nigerian Financial Intelligence Unit (NFIU), further empowering the country to address global and domestic security challenges effectively.
The Police have already demonstrated their commitment through recent operations in Kano and Nasarawa States. On December 8, 2024, in Gwale, Kano State, officers acting on credible intelligence apprehended Nura Ibrahim with counterfeit currency amounting to ₦129,542,823,000.
The seizure included ₦1,443,000 in counterfeit Naira, $3,366,000 in fake U.S. dollars, and CFA 51,970 in counterfeit CFA franc. This breakthrough led to the arrest of two accomplices, Muhammed Muntari and Usman Abdullahi.
In another operation on January 13, 2025, the Police arrested 53-year-old Ephraim Barde in New Karu, Nasarawa State, with $160,000 in counterfeit U.S. dollar notes. Investigations are ongoing to uncover the full extent of Barde’s activities and identify his associates.
The establishment of the Anti-Money Laundering Units underscores the Nigeria Police Force’s determination to protect the nation’s financial system and promote a secure economic environment.
These efforts are critical for ensuring national security and safeguarding the welfare of all Nigerians and residents.
The Inspector-General urged citizens to actively participate in combating financial crimes by reporting any suspicious activities involving counterfeit currency or related offenses.
Pack of 'hungry' dogs attack, kill Nigerian woman in Italy
A 27-year-old Nigerian woman, Patricia Masithela, tragically lost her life after being mauled by a pack of starving dogs in Latina, Italy.
The incident occurred late Monday night while Patricia was visiting a male acquaintance at his abandoned villa in the Lazio region, according to Mirror UK.
Her screams filled the night, alerting neighbours to the savage attack.
Patricia, who had recently moved to Lazio from Nigeria, reportedly visited the house unaware that her friend was not at home.
She was discovered critically injured, lying in a pool of blood with deep wounds across her body after the attack.
The police, however, intervened, “shooting two of the dogs to allow emergency responders to access the scene, while the rest of the pack fled after the gunfire.”
Emergency medics provided immediate treatment and rushed Patricia to Santa Maria Goretti Hospital, but despite their efforts, she succumbed to her severe injuries and blood loss.
She succumbed to severe bite wounds and excessive blood loss, despite their efforts to save her.
Patricia, a devoted mother to a five-year-old daughter, has left her family and friends in unimaginable grief, Mirror UK reports.
It was gathered that investigations into the incident are ongoing as local authorities work to determine how the reportedly starving dogs came to be in the area.
The incident has, however, sparked discussions about stray animals and public safety, with residents calling for stricter measures to prevent such devastating incidents.
34.8% inflation rate triggers fears of rising prices, hardship
The Organised Private Sector has expressed worry over the continued hike in the inflation rate in Nigeria, stressing that this will further raise the cost of production, raw materials, logistics, and machinery, among others.
On Wednesday the National Bureau of Statistics reported that Nigeria’s inflation rate rose to 34.80 per cent in December 2024, reflecting a slight increase from the 34.60 per cent recorded in November.
According to the latest Consumer Price Index report, the marginal rise of 0.20 per cent was attributed to heightened demand for goods and services during the festive season.
On a year-on-year basis, the December inflation rate marked a significant increase of 5.87 percentage points compared to 28.92 per cent in December 2023.
This highlights a continued upward trajectory in consumer prices, driven by economic challenges such as currency depreciation, high energy costs, and persistent supply chain disruptions.
According to the NBS report, the average inflation rate for the 12 months ending December 2024 stood at 33.24 per cent, up from 24.66 per cent recorded during the same period in 2023.
The report read, “In December 2024, the headline inflation rate was 34.80 per cent relative to the November 2024 headline inflation rate of 34.60 per cent.
“Looking at the movement, the December 2024 headline inflation rate showed a marginal increase of 0.20 per cent compared to the November 2024 Headline inflation rate. This was due to December festive period increases in demand for goods and services.
“On a year-on-year basis, the headline inflation rate was 5.87 per cent higher than the rate recorded in December 2023 (28.92 per cent). This shows that the headline inflation rate (year-on-year basis) increased in December 2024 compared to the same month in the preceding year (i.e., December 2023).”
The rise reflects sustained pressures on the cost of living throughout the year, affecting both urban and rural areas.
The report highlighted that food and non-alcoholic beverages accounted for the largest share of the inflationary pressure, contributing 18.02 per cent to the overall figure.
Other key contributors included housing, water, electricity, gas, and other fuels, which added 5.82 per cent, and transport, which contributed 2.26 per cent.
Smaller contributions were noted from sectors such as health and communication, which accounted for 1.05 per cent and 0.24 per cent, respectively.
Urban inflation was higher than rural inflation during the period under review.
The urban inflation rate for December 2024 stood at 37.29 per cent on a year-on-year basis, representing a rise of 6.30 percentage points from 31.00 per cent recorded in December 2023.
On a month-on-month basis, urban inflation dropped slightly to 2.56 per cent from 2.77 per cent in November.
Rural inflation, on the other hand, rose to 32.47 per cent year-on-year, 5.37 percentage points higher than the 27.10 per cent recorded in December 2023.
However, the month-on-month rural inflation rate also experienced a marginal decline, dropping to 2.32 per cent from November’s 2.51 per cent.
The report further revealed that food inflation continued to surge, reaching 39.84 per cent on a year-on-year basis in December 2024, compared to 33.93 per cent in December 2023.
The rise was attributed to increases in the prices of staples such as yams, rice, maize, and dried fish.
Despite this, food inflation on a month-on-month basis eased slightly to 2.66 per cent from 2.98 per cent in November, driven by price reductions in items like local beer, soft drinks, and tubers.
Core inflation, which excludes volatile agricultural produce and energy, stood at 29.28 per cent year-on-year in December, up from 23.06 per cent in December 2023.
The NBS noted that the sharpest price increases were observed in transport fares, meals at local restaurants, and personal grooming services.
OPS reacts
The National Vice President of the Nigerian Association of Small-Scale Industrialists, Segun Kuti-George, said the continuous upward trend in the inflation rate means that the cost of production would be going higher.
He said, “The cost of raw materials, logistics, machinery, and other important inputs of manufacturing will be going up. This means that the prices at which such products will be sold will become higher. People’s ability to pay for those goods, especially the locally manufactured ones, will be reduced, leading to higher inventory. And it’s a vicious cycle.
“The danger there also is that if the cost of imported goods is cheaper than those that are made locally, people will tend to buy the imported products. And that may mean more business closures. It is, however, ironic.”
“Let me observe that despite the continuous hike in interest rates, which is supposed to fight inflation, inflation still keeps going up. What that means is that the Nigerian economy is defying economic theories.”
On his part, the National President of the Association of Small Business Owners of Nigeria, Dr Femi Egbesola, said the rising inflation has negatively impacted the private sector and the economy as a whole.
He said, “This is because inflation has led to a loss of consumers purchasing power, increased production costs, and a reduction in profitability. Inflation has made our businesses less attractive for investors and by extension, the economy.
“It has also led to reduced exports as it has made our exports less competitive in the international market. On the economy, it has reduced our economic growth, Increased unemployment, and led to a fall in our national income, ultimately leading to increased poverty.
“Rising Inflation has eroded the value of our savings and investment in the private sector and the economy. It has significantly increased the cost of governance.”
The Director-General of the Nigeria Association of Chambers of Commerce, Industry, Mines and Agriculture, Olusola Obadimu, said the hike in inflation in December will be difficult to contain, especially given the cost-push inflation type.
“It will be difficult to contain inflation given the present realities as what we’re experiencing arises from cost-push effects,” Obadimu stated.
He observed Nigeria’s inflation continued to rise despite the Central Bank of Nigeria’s repeated monetary policy rate hike, explaining it was never going to effectively cushion inflationary pressures.
The NACCIMA DG submitted, “Continual increment in MPR rates wouldn’t work in this situation. It can only work in a demand-pull inflation environment where prices are going up as a result of excess demand over supply and you then increase rates to tame consumption. That is not our case here.”
Obadimu explained inflation thrives with any cost input actions in the economy, using the manufacturing sector – which has repeatedly lamented bearing the brunt of inflation – as an example.
He stressed, “For Manufacturers, ex-factory prices are rising as a result of rising costs of inputs/ factors of production. Interestingly, capital accessible through loans is also an input cost. “So, an increase in interest rates for accessible capital will automatically further propel rising costs of products and services.”
NACCIMA urged inflation-lowering policy directions to focus on addressing input costs so prices would come down.
He explained the steps to achieve such input cost reduction, including increasing local business competitiveness and imbibing fiscal discipline, especially in the public sector.
“We need to make our businesses competitive, particularly in our quest to drive exports of value-added non-oil products and services,” the NACCIMA DG declared. “We need to also control our consumption taste for foreign goods and exhibit greater fiscal discipline, particularly as it concerns the cost of governance.”
He also encouraged paying more attention to infrastructure to ensure increased ease of doing business and fostering an environment that encourages startup ideas and business growth.
“That’s where more employment will come from and that’s where more tax revenue will come from,” Obadimu added
The Director of the Centre for Promotion of Private Enterprise, Dr Muda Yusuf noted that while the increase in December headline inflation was marginal at 0.2 per cent compared to November’s figures, the inflationary trend is still troubling.
However, Yusuf observed the inflation outlook for 2025 promises tends to be positive due to “Sustained moderation in exchange rate volatility, improvements in foreign reserves, the prospects of easing geopolitical tensions with the inception of a (second Donald) Trump presidency (of the USA) in a few days and a strong base effect, given the high inflationary pressures experienced in 2024.”
The CPPE recommended pausing further monetary policy rate hikes, reducing public sector debt, and fixation on revenue generation of ministries, departments, and agencies, to ensure a further moderation in inflationary pressures.
The CPPE director advised, “Pause on monetary policy tightening and interest rate hikes by the CBN to reduce business operating costs and reduce fiscal risks to macroeconomic stability through a reduction in fiscal deficit and deceleration in growth of public debt.
“Excessive pressure on MDAs to boost revenue and increase Internally Generated Revenue has profound inflationary implications.”
Yusuf further denounced what he described as “arbitrary revenue targets for MDAs,” explaining that the “reality is that such pressures are invariably transmitted to investors in the form of higher fees, levies, penalties, import duties, regulatory charges etc (whose) outcomes are in conflict with government aspirations to boost investment, curb inflation and create jobs.”
Rather, Yusuf suggested, the government’s revenue targets should be based on empirical studies, the absorptive capacity of the economy and due consideration of the wider economic implications.
“Obsession with revenue would hurt investments, worsen inflationary pressures, aggravate poverty and impede economic growth. There should be a careful balance act between revenue growth aspirations, desire to boost investment and commitment to moderate inflation,” the economist maintained.
How Can You Come Here Without Bra? – Nollywood Actress, Ngozi Ezeonu Blasts Upcoming Actresses
Veteran Nollywood actress, Ngozi Ezeonu, has slammed two upcoming actresses over their choice of outfit for an audition.
The movie star was one of the judges sitting at the audition table when two ladies wearing crop tops and leggings came for the audition.
Ngozi berated the ladies for not wearing bras and the kind of crop top they were wearing.
The thespian added that any day she oversees an audition and any lady shows up dressed like the ladies before her, she would disqualify the person.
Ghana: Mahama Orders Probe Into Akufo-Addo’s Controversial $400 Million Cathedral Project
Ghana’s newly elected President, John Mahama, has announced plans to probe the $400 million National Cathedral project initiated by his predecessor, Nana Akufo-Addo, describing it as a contentious symbol of fiscal mismanagement.
The ambitious religious landmark, which has been stalled for years, became a major point of criticism during the last election.
Mahama’s National Democratic Congress (NDC) secured a decisive victory in December, as voters punished Akufo-Addo and his New Patriotic Party (NPP) for economic hardship and skyrocketing living costs.
Originally conceived by Akufo-Addo as a tribute to God following his 2016 electoral win, the cathedral was presented as a privately funded venture.
However, revelations that $58 million in public funds were spent on the project, coupled with allegations of financial irregularities, sparked widespread outrage.
In late 2024, Ghana’s Commission on Human Rights and Administrative Justice (CHRAJ) recommended an audit into the project, highlighting procurement violations.
According to AFP, President Mahama confirmed at a recent thanksgiving service that his administration would soon launch an investigation.
While not ruling out completing the project, he stressed that any future decisions would emphasize accountability and align with the nation’s priorities.
The cathedral, envisioned to occupy a 23,000-square-metre site in Accra, was designed to include a 5,000-seat auditorium, chapels, a baptistery, a choir school, an art gallery, and versatile spaces.
Yet, three years after construction halted, the site remains an empty pit. Many critics believe the project contributed significantly to Akufo-Addo’s electoral defeat.
“This cathedral represents everything wrong with governance – opaque processes, lack of accountability, and misplaced priorities.
“Investigating this project isn’t just about the money; it’s about restoring public trust in government,” said a campaigner with Crusaders Against Corruption, Emmanuel Wilson Jnr.
The project’s suspension coincides with Ghana’s economic struggles, marked by soaring inflation, unsustainable debt levels, and dependence on a $3 billion International Monetary Fund (IMF) bailout to stabilize the economy.
Finance Minister Cassiel Ato Forson recently informed Parliament that government funding for the cathedral had been halted as part of broader austerity measures.
“The government cannot justify pouring scarce resources into an unfinished project when Ghanaians are struggling to afford basic necessities,” Forson stated.
With contractors abandoning the site due to unpaid bills and at least five board trustees resigning, public confidence in the project has dwindled further.
‘Our House Got Burnt’ – Nollywood Actor, Chidi Mokeme Shares Devastating Fire Incident At His Home In US
Veteran Nollywood actor, Chidi Mokeme, has recounted the experience of a fire incident at his home in the United States of America five years ago.
Naija News reports that the thespian made this known while commiserating with the ongoing Los Angeles wildfire victims.
Chidi said such trauma stays with people forever after coming in contact with fire in its full glory.
He thanked firefighters for their relentless support and prayed for the safety of those still struggling.
He wrote, “OUR HOUSE GOT BURNT ? Coming face to face with fire in its full glory is one of the scariest and most terrifying experiences anyone can ever have. The trauma stays with you forever.
“Exactly 5 years ago, on this day, at this exact time, what started like an ordinary day with bright sunshine and a beautiful weather, quickly became a nightmare. And the eventual loss of everything. The whole world is in agreement that fire is the most destructive force of nature. And that’s why most are afraid to die. The fear of hell.
“Even the Almighty God gives us a clue into this, by choosing, when angered, to use water to destroy the world, but he saved the FIRE for the END. Isn’t fire the main character in hell? So I can only imagine how it must feel, what it must feel like, to be one of the victims of the devastating destruction currently occurring in Los Angeles.
“My heart goes out to everyone out there. Please say a prayer for them. May the souls of the departed rest in peace ?️?
“I say a big thank you to the men and women of the fire service. The fire fighters who put their lives on the line to save ours. The ones who run towards the danger, and run into the scorching flames when everyone else is running in the opposite direction. The ones who, even though might have their own homes and families going through the same thing, are sworn to sacrifice themselves for the good of others. We know that you are giving 1000% of yourselves to contain the fires. We encourage you. Stay strong. Y’all are the real heroes. We salute you ?. God Bless you.”