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Ex-Finance minister Nenadi Usman emerges Labour Party chairperson

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A former Minister of Finance, Senator Nenadi Usman, has emerged as the head of an interim National Working Committee (NWC) of the opposition Labour Party, with a 90-day mandate to organize congresses at all levels, including a National Convention to elect substantive officers of the party.

Senator Usman will be assisted in the 29-member transition committee by former Senate Minority Leader, Senator Darlington Nwokocha who will act as Secretary.

The new interim NWC emerged on Wednesday after the Presidential candidate of the Labour Party in the 2023 general elections, Peter Obi and other critical stakeholders led by Governor Alex Otti of Abia State took steps toward recreating the party that has hitherto witnessed internal bleeding.

According to a statement by The Peter Obi Media Office (POMR), Governor Otti and Obi decided to take the bull by the horn by summoning an enlarged National Executive Committee (NEC) of the party in Umuahia where the far reaching decision was made to give direction to the party.

The well-attended meeting also had the Presidential running mate to Obi, Dr Datti Baba-Ahmad, Deputy Governor of Abia State and all elected Legislators under Labor at the National and State levels as well as gubernatorial candidates of the party in the 2023 polls.

The meeting was aimed at ending the crisis in the party that started with the controversial National Convention held in a hotel room in Nnewi, Anambra State by the Julius Abure-led National Working Committee (NWC).

In her acceptance speech, Senator Nenadi promised to work with her team for the unity and growth of the party.

 

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Russia develops cancer vaccine, to begin free distribution 2025

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Russia had announced that it had developed an mRNA vaccine for cancer patients which would be available from early 2025 and will be distributed for free. The vaccine will cost the Russian government 300,000 rubles per dose.

According to India Today, Russia has been seeing a rise in cancer cases and now has a vaccine to fight it. It says the vaccine will treat cancer patients and not prevent cancer. It is an mRNA vaccine. It will be distributed for free to Russians, according to a TASS report.

Andrey Kaprin, head of the Radiology Medical Research Centre of the Ministry of Health, said this vaccine would be launched in early 2025, according to reports from state-run media. It will cost the state 300,000 rubles (USD 2,869) per dose.

 

 

 

 

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10 die in Abuja palliative-sharing stampede

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More than 10 people have reportedly died, with many more injured in a stampede at the Holy Trinity Catholic Church in Maitama, Abuja, on Saturday morning.

Today also, more than 25 people died in Okija Anambra State following stampede that occured when community members gathered to share rice donated by a businessman.

This is coming even as 35 children died earlier this week in a similar incident in Ibadan, Oyo State, where a stampede at a funfair resulted in the deaths and left six others critically injured.

The Saturday Abuja incident occurred when residents scrambled to receive palliatives distributed by the church.

The event, organised to provide relief to struggling residents, reportedly drew people mostly from Mpape, Gishiri Village, and other nearby settlements.

Eyewitnesses claim the incident occurred between 7 am and 8 am on Saturday when the crowd surged forward to receive the palliatives.

 

 

 

 

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Dangote hails Tinubu over Naira for crude oil swap regime

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The President of the Dangote Industries Limited, Aliko Dangote has commended President Bola Ahmed Tinubu for the positive impact of the naira for crude swap deal on the Nigerian economy.

According to a statement signed by Anthony Chiejina, Group Chief Corporate Communications Officer, the deal has led to reduction in prices of petroleum products in the country.

It would be recalled that To provide that Dangote recently reduced the price of Premium Motor Spirit (PMS) from N970 to N899.50 at its Refinery loading gantry and provided generous credit terms to marketers.

In a statement, Dangote said- “To ensure that this price reduction gets to the end consumer, we have signed a partnership with MRS to sell petrol from its retail outlets nationwide at N935 per litre. This price has already commenced in Lagos, and it will be offered nationwide from Monday.

He called on NNPC Retail and all other marketers, “to work with us to ensure that Nigerians enjoy high-quality petrol at discounted prices.”

According to him, “The Dangote Refinery is for the benefit of Nigeria and Nigerians. We will therefore continue to work with various value chain players to deliver high quality petrol at cheaper prices. Our aim is for all Nigerians to have ready access to high quality petroleum products that are good for their vehicles, good for their health, and good for their pockets. ”

Dangote thanked Nigerians for their unwavering support and the government for creating an enabling environment for the domestic refining industry.

In September, the Federal Executive Council (FEC) under the leadership of Mr. President approved the sale of crude to local refineries in Naira and corresponding purchase of petroleum products in Naira. The move, which commenced on October 1, led to reduced pressure on the dollar and ensured the stability of the local currency.

 

 

 

 

 

 

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