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Trump Will Call for Action on North Korea, Iran in First UN Address

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President Trump Signs Executive Order In Oval Office Of The White House
  • Trump Will Call for Action on North Korea, Iran in First UN Address

President Donald Trump will call on world leaders to confront North Korea and Iran in his first address to the United Nations on Tuesday, seeking a broad alliance against the two countries his administration considers the world’s gravest threats.

With his remarks, Trump will emphasize that the peril posed by North Korean and Iranian weapons programs is too great for any country to remain on the sidelines, according to two U.S. officials who previewed themes of the address on Monday. They declined to say what actions Trump will seek against either regime, nor would they say whether Trump plans to single out China or Russia as enablers of either state.

The president, who has already declared provocations by North Korea will be met with “fire and fury,” will communicate the depth of his determination to challenge both nations, the officials said. Trump sees the speech as a moment of enormous opportunity to rally the world to rein in North Korea and Iran’s weapons programs.

Trump’s debut at the UN — highlighted by his speech Tuesday to the General Assembly — is his most consequential moment yet on the global diplomatic stage, with more at stake than at the two economic summits he attended in Europe earlier this year. As he welcomes leaders from almost 200 nations, he’ll urge them in public and in private to join U.S. efforts opposing missile and nuclear programs in both North Korea and Iran.

Tensions have risen sharply with both nations since Trump took office and assumed a more confrontational posture than his predecessor, Barack Obama.

Escalating Menace

North Korea test-fired a ballistic missile with the range to reach the U.S. territory of Guam early on Friday, its latest in a series of provocations, and the Trump administration is seeking to extend and strengthen the Iranian nuclear deal that Obama signed and Trump has repeatedly maligned.

Trump said Monday the world will “‘see very soon” whether the U.S. withdraws from the Iranian nuclear deal. He faces an Oct. 15 deadline to inform Congress whether the U.S. will continue to certify Iran’s compliance with the international accord.

Trump will present his call for a collective stand against the two nations in the context of his “America First” foreign policy stance emphasizing the primacy of national sovereignty over global institutions such as the UN, said one of the administration officials, who spoke on condition of anonymity to discuss the president’s remarks before delivery. Trump will point out that his outlook is consistent with international cooperation because all countries place their own citizens’ needs first but recognize common dangers and opportunities, he said.

In the speech, expected to last 30-45 minutes, the U.S. president also will discuss the situation in Venezuela and international efforts to combat terrorism, referring to terrorists as “losers,” as he did during a visit to the Middle East in May, the administration officials said.

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

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Peter Obi Slams Tinubu Over Double National Grid Collapse, Calls for Urgent Power Sector Reforms

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Peter G. Obi

The Labour Party (LP) presidential candidate in the 2023 election, Peter Obi, has berated President Bola Tinubu’s government after the country’s national grid collapsed twice in less than 24 hours.

The former Anambra State Governor reacted via a lengthy statement on his official X handle on Tuesday, October 15.

Obi blamed the persistent collapse on the failure of leadership and the policies implemented by the federal government.

He called for urgent and comprehensive reforms, saying Nigerians deserve a government that prioritizes measurable indices of development

He said, “For the umpteenth time, the national grid has collapsed, plunging a huge part of the nation into darkness and exposing the fragility of Nigeria’s power infrastructure.

“This recurring disaster is a national shame and a glaring testament to the failure of leadership and policy implementation at the highest levels. How long must Nigerians endure a system that fails to provide one of the critical necessities for a productive society?

“This latest power grid collapse is emblematic of a leadership and government that have consistently failed to prioritize the welfare and economic well-being of the people.

“We all know the immense importance of power supply to the transformation of our economy. Its support to SMEs, which are the engine of job creation and a major contributor to our GDP, is immeasurable.

“Today, we are the fourth largest economy in Africa, having fallen from the number one position due to leadership failure over the years, including the persistent power crisis, which is critical when compared to smaller economies.

“South Africa, which is now the largest economy in Africa with a GDP of about $400 billion and 30% of our population, generates and distributes over 40,000 megawatts of electricity.

“Secondly, Egypt, the second largest economy with a GDP of about $350 billion and half of our population, generates and distributes over 40,000 megawatts.

“Algeria, the third largest economy, with about 300B GDP and 20% of our population, generates and distributes over 50,000 megawatts of electricity.

“Nigeria, with less GDP but with more population than the 3 countries combined, generates and distributes less than 10,000 megawatts, and even that is riddled with frequent collapses and crises of failure.

“This disparity in power generation is a reflection of the deep-rooted governance deficit that continue to hold back our growth and potential. It is time for urgent, comprehensive reform. Nigerians deserve a government that prioritizes measurable indices of development.”

Investors King reported that the national grid partially collapsed on Tuesday morning, marking the second collapse in less than 24 hours after the first collapse on Monday.

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INEC Begins Security Training Ahead of Ondo Governorship Election

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The Independent National Electoral Commission (INEC) has commenced a three-day training session for security personnel as part of preparations for the upcoming off-cycle governorship election in Ondo State.

Investors King reports that the electoral body is scheduled to conduct the election on November 16

During the opening of the training in Akure, the state capital on Monday the National Commissioner and Chairman, Board of Electoral Institute, Prof Abdullahi Zuru, said the training was opened for security officers from various agencies including the state police command, the Nigerian Army, the Nigerian Airforce, the Federal Road Safety Corps, the Nigerian Security and Civil Defence Corps, the Nigerian Immigration Service and the Nigerian Customs Service.

Zuru revealed that off-cycle elections in Nigeria pose more challenges compared to general elections.

He, however, said there is a need for continuous collaboration between INEC and security agencies to tackle the prevailing challenges effectively.

He said, “It is pertinent to remind ourselves that off-cycle elections in Nigeria are inherently more challenging than general elections because it allows political actors to concentrate their human and material resources to circumvent the electoral process.

“So, the INEC and security agencies must continuously enhance collaboration to ensure that the vote of every voter counts and the people of Ondo State decide who governs them through the ballot box.

“This training is, therefore, an opportunity for the commission to further enhance synergy between INEC and the security agencies, and ultimately ensure that a tranquil electoral environment is provided for deployment of electoral materials, equipment and personnel as well as peaceful movement of voters.”

Meanwhile, during the All Progressives Congress (APC) campaign flag-off in Ondo West Local Government Area on Saturday, Governor Lucky Aiyedatiwa announced an increase in the minimum wage for civil servants in the state.

Aiyedatiwa, who is running for office under the APC platform, reaffirmed his commitment to improving the welfare of civil servants and urged residents and citizens to come out in large numbers and vote for him.

 

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Enugu Government Gives Reasons For Imposing Tax on Dead Bodies 

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Company Income Tax (CIT) - Investors King

The Enugu State Government has given reasons for its decision to impose a tax on corpses in mortuaries across the state.

The government said its decision was not driven by the need to generate revenue.

Executive Chairman, Enugu State Internal Revenue Service (ESIRS), Mr Emmanuel Nnamani, made this clarification while reacting to the Mortuary Tax circular addressed to all morticians in the state.

Nnamani said imposing the tax was inline with the state Mortuary Tax Law which had existed for years, adding that it was not new to the state.

He further clarified that the mortuary tax was N40 daily only as against N40,000.

Nnamani stated that it is an indirect tax paid by mortuary owners, not deceased family and it is just N40, not N40,000.

He added that since its introduction, nobody has been denied burying their dead ones, adding that if the corpse stays in the mortuary for 100 days, the mortuary is expected to pay the state a sum of N4,000.

“The tax is not meant to generate revenue but to discourage people from taking their dead ones to the mortuary all the time,” he stressed.

According to the circular, ESIRS, in line with the provisions of Section 34 of the Birth, Deaths and Burials Law Cap 15 Revised Laws of Enugu State 2004, approved the implementation of the Mortuary tax.

The law partly reads, “The sum of N40.00 only is to be paid by owners of a corpse once it was not buried within twenty-four hours. The amount continues to count daily.

“Kindly ensure that owners of corpses make the payments before collection of the corpses for burial and then remit the same to the ESIRS in any commercial bank under the mortuary tax in Enugu State IGR Account.”

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