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“If you could choose your talent at birth, what would it be?”
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With the conflict entering its 12th day, Iran’s Revolutionary Guard also thre+tened to target economic institutions and banks it believes are linked to US and Israeli interests. The growing tensions have already prompted several international companies to begin evacuating staff from Dubai.
Meanwhile, tensions have spread across the Gulf region. Authorities in Dubai reported that drones fell near the city’s airport, injuring four people, while fuel storage tanks were also hit at Oman’s Salalah port, forcing the suspension of some operations.
At the same time, Israel has continued its military operations, launching a new wave of airstrikes across Iran and against Hezbollah positions in Beirut. One strike reportedly hit a residential building in central Beirut, causing major damage.
Iranian officials say more than 1,200 people have been k+lled and over 10,000 civilians inj¥red since the att@cks began.
Iran Warns It Is Ready for a Long W@r That Could D@mage the Global Economy
Iran has warned that it is prepared for a prolonged w@r of attrition that could severely d@mage the global economy, as tensions continue to escalate with the United States and Israel.
The warning came after Iranian forces reportedly opened fire on two commercial vessels and thr+atened ships belonging to the United States and its allies in the Strait of Hormuz, a crucial route for global oil shipments. Iranian officials said the US and Israel must be prepared for a long-term conflict that could have serious economic consequences worldwide.
Oil prices have surged since February 28, when US and Israeli forces launched attacks on Iran, k+lling the country’s Supreme Leader and triggering a wider conflict across the Middle East. In response to rising prices, the International Energy Agency announced plans to release about 400 million barrels of oil from emergency reserves the largest release of its kind.
Lady cries out after her egusi soup spoiled overnight, wasting all the meat inside — as water sellers now charge ₦10k per truck.
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He noted that the refinery had previously reduced petrol prices from about ₦1,200 per litre to around ₦1,000–₦1,050, describing such changes as normal market dynamics.
Edun added that Nigeria’s economic resilience is being strengthened by local refining investments, particularly the refinery owned by billionaire Aliko Dangote. He stressed that the country should support local refiners to ensure steady fuel supply.
The minister also expressed optimism about Nigeria’s economy despite global uncertainties such as the ongoing Middle East crisis and the prolonged war in Ukraine. He said the government believes the country is gradually recovering, adding that Nigeria can already “see the light at the end of the tunnel” if current economic reforms continue.
Current fuel prices reflects market conditions; Nigerians should appreciate local refining capacity — Finance Minister, Wale Edun.
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said rising petrol prices reflect market realities, urging Nigerians to be thankful that the country now has the capacity to refine petroleum products locally.
Speaking during an interview on Politics Today on Channels Television, Edun explained that the current fuel pricing system is driven by market forces introduced by President Bola Ahmed Tinubu. According to him, this mechanism replaced the old system that kept petrol prices artificially controlled for years.
The minister pointed to the operations of the Dangote Refinery as evidence that the market is beginning to work.