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    WAEC, NECO Fees Jump 82% to N50,000 From 2027

    Abducted Oyo Pupils, Teachers regain freedom After Days in Captivity

    Abducted Oyo Pupils, Teachers regain freedom After Days in Captivity

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    Trump Launches New Strikes on Iran After Declaring Ceasefire Over

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    Oil prices surge as US-Iran tensions reignite

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    NGX Updates HBM Nigeria’s Trading Symbol to HBMNG

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    FG Suspends Planned N50,000 WAEC, NECO Fee Hike

    WAEC, NECO Fees Jump 82% to N50,000 From 2027

    WAEC, NECO Fees Jump 82% to N50,000 From 2027

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    Oil prices surge as US-Iran tensions reignite

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    Dangote Slashes Petrol Price to ₦1,125/Litre

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    Cornerstone Insurance Announces Separation of Composite Operations into FIN Insurance

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    Dangote ends naira sales, Begins petrol Sales in Dollar

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    NGX Updates HBM Nigeria’s Trading Symbol to HBMNG

    WAEC, NECO Fees Jump 82% to N50,000 From 2027

    WAEC, NECO Fees Jump 82% to N50,000 From 2027

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    Trump Launches New Strikes on Iran After Declaring Ceasefire Over

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    UBA Board Names Emmanuel Nnorom as Elumelu’s Successor

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    BUA Cement boss Abdul Samad Rabiu Pockets N189.74bn from FY 2025 dividend payout

    BUA Cement boss Abdul Samad Rabiu Pockets N189.74bn from FY 2025 dividend payout

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    Dangote ends naira sales, Begins petrol Sales in Dollar

    Petrol Jumps ₦110 per Litre as Dangote Ends Naira Pricing

    WAEC, NECO Fees Jump 82% to N50,000 From 2027

    FG Suspends Planned N50,000 WAEC, NECO Fee Hike

    WAEC, NECO Fees Jump 82% to N50,000 From 2027

    WAEC, NECO Fees Jump 82% to N50,000 From 2027

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    Oil prices surge as US-Iran tensions reignite

    Oil prices surge as US-Iran tensions reignite

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    Xenergi Plc Extends ₦38/Share Tender Offer to Premier Paints Minority Shareholders Following 49.6% Stake Acquisition

    Airtel Africa Announces Total Voting Rights and Share Capital

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    MTN Group Advances Talks to Buy remaining  75% Stake in IHS Towers for $2.76B

    MTN Nigeria’s Long-Term Rating Upgraded to Aaa by Agusto & Co., Highest on National Scale

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    Dangote ends naira sales, Begins petrol Sales in Dollar

    Dangote ends naira sales, Begins petrol Sales in Dollar

    NGX Updates HBM Nigeria’s Trading Symbol to HBMNG

    NGX Updates HBM Nigeria’s Trading Symbol to HBMNG

    WAEC, NECO Fees Jump 82% to N50,000 From 2027

    FG Suspends Planned N50,000 WAEC, NECO Fee Hike

    WAEC, NECO Fees Jump 82% to N50,000 From 2027

    WAEC, NECO Fees Jump 82% to N50,000 From 2027

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    Oil prices surge as US-Iran tensions reignite

    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

    Dangote, Marketers Cut Petrol Depot Prices as FG Pushes for Lower Pump Prices

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    Dangote Slashes Petrol Price to ₦1,125/Litre

    Cornerstone Insurance Announces Separation of Composite Operations into FIN Insurance

    Cornerstone Insurance Announces Separation of Composite Operations into FIN Insurance

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    UAC of Nigeria Proposes ₦1.00 Final Dividend

    UAC Restructures Board as Badejo Moves to UPDC

    Dangote ends naira sales, Begins petrol Sales in Dollar

    Dangote ends naira sales, Begins petrol Sales in Dollar

    NGX Updates HBM Nigeria’s Trading Symbol to HBMNG

    NGX Updates HBM Nigeria’s Trading Symbol to HBMNG

    WAEC, NECO Fees Jump 82% to N50,000 From 2027

    WAEC, NECO Fees Jump 82% to N50,000 From 2027

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    Tony Elumelu Steps Down as UBA Chairman, Hands Reins to Emmanuel Nnorom

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    BUA Cement boss Abdul Samad Rabiu Pockets N189.74bn from FY 2025 dividend payout

    BUA Cement boss Abdul Samad Rabiu Pockets N189.74bn from FY 2025 dividend payout

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

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    NCR Nigeria explains the delay in filing the Q1 2026 Account

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    MicroStrategy Raises $82 Million in Stock Sale, Pauses Bitcoin Purchases

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

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    Champion Breweries Lists 2.38 Billion New Shares on NGX After Hybrid Offer

    NGX Delists DN Tyre, Greif Nigeria from Official List

    NGX Delists DN Tyre, Greif Nigeria from Official List

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    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

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    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

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Trump cancels Biden’s security clearance, escalates Foreign aid Crackdown

Saturday, 8 February 2025, 4:59 pm
in News, World
0
Trump cancels Biden’s security clearance, escalates Foreign aid Crackdown
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In a series of rapid and bold moves, the 78-year-old billionaire has frozen aid to South Africa, the birthplace of his key donor, Elon Musk, and has appointed himself as the head of the Kennedy Center, a prestigious cultural venue in Washington. “There is no need for Joe Biden to continue receiving access to classified information,” Trump stated on his Truth Social network, adding that he was “immediately” revoking the Democrat’s security clearances and ending his daily intelligence briefings.

“JOE, YOU’RE FIRED,” he exclaimed in all caps. Traditionally, former US presidents are granted the right to receive intelligence briefings even after leaving office. Trump has also intensified his criticism of the United States Agency for International Development (USAID), which provides humanitarian aid worldwide. “THE CORRUPTION IS AT LEVELS RARELY SEEN BEFORE. CLOSE IT DOWN!” he declared on Truth Social, without presenting any evidence. USAID has faced severe scrutiny since Trump initiated a campaign, supported by Musk—who is the world’s richest person—to cut back or dismantle significant parts of the US government.

On Friday, Musk, along with Trump, shared misleading information regarding USAID’s finances and reposted images showing the agency’s signs being removed from its Washington headquarters. The Trump administration has halted foreign aid, ordered thousands of international staff to return to the US, and begun reducing USAID’s workforce from 10,000 employees to approximately 300.

Labor unions are contesting the legality of these actions, and a federal judge has temporarily paused the administration’s plan to place 2,200 USAID workers on paid leave by the weekend. Democrats argue that it would be unconstitutional for Trump to close government agencies without legislative approval.

The current US budget allocates about $70 billion for international assistance, which is a small portion of overall spending, yet it yields significant returns. USAID operates health and emergency programs in around 120 countries, including some of the world’s poorest regions, enhancing Washington’s efforts to compete for influence against rivals like China. Samantha Power, the former USAID chief under President Biden, criticized the situation in a harsh opinion piece in the New York Times, stating, “We are witnessing one of the worst and most costly foreign policy blunders in US history.”

Hard-right Republicans and libertarians have long questioned the necessity of USAID and have labeled its spending as wasteful. Additionally, Trump appointed himself as the chairman of the Kennedy Center, asserting that the venue did not reflect his values. “Just last year, the Kennedy Center featured drag shows specifically targeting our youth — THIS WILL STOP,” he wrote on Truth Social, without clarifying which show he was referencing.

Trump has consistently criticized gender-nonconforming individuals. He followed up on his promise to freeze US aid to South Africa, citing a law he claims allows farmland to be seized from white farmers, despite denials from Johannesburg. Musk has frequently criticized the South African government. Musk and his so-called Department of Government Efficiency (DOGE) have aggressively targeted agencies that Americans have typically taken for granted. While Democrats have found it challenging to counter these budget-slashing maneuvers, legal actions are slowly emerging. A judge recently blocked Trump’s attempt to overturn the constitutional guarantee of birthright citizenship and paused plans for mass buyouts of federal workers, pending arguments on Monday.

Vivian Ifunanya Gerald

Administrator and Writer

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