Tag: General News

  • Ryan Coogler’s ‘Sinners’ Leads Box Office with $45.6M

    Jayme Lawson as Pearline, Wunmi Mosaku as Annie, Michael B. Jordan as Smoke, Miles Caton as Sammie Moore, and Li Jun Li as Grace Chow, in Warner Bros. Pictures’ “Sinners.” (Courtesy Warner Bros. Pictures via CNN Newsource)

    By Auzinea Bacon, CNN

    (CNN) — Ryan Coogler’s supernatural horror “Sinners” drove a stake through the competition this weekend to finish No. 1 at the box office while shattering industry expectations.

    “Sinners” pulled in $45.6 million domestically, surpassing estimates of about $35 million, and edging “A Minecraft Movie,” which grossed $41.3 million in its third weekend, to put its domestic total at nearly $345 million.

    Both “Sinners” and “A Minecraft Movie” are distributed by Warner Bros. Pictures. Warner Bros. Discovery is the parent company of CNN.

    Shawn Robbins, director of movie analytics at Fandango and founder of Box Office Theory, told CNN that “Sinners” was boosted by the duo of Coogler and actor Michael B. Jordan, who have teamed up on four films, including Disney’s “Black Panther.”

    “That star power for ‘Sinners’ (and) really kind of a fresh, original take on the vampire movie (genre) … helped bring out moviegoers,” he said.

    “Sinners” has also been boosted by critics’ reviews, which can help a film’s long-term box-office success. It has a 98% rating on movie-ratings site Rotten Tomatoes and an 84 score — the seventh highest for a film in 2025 — on Metacritic.

    “This may be one of the best-reviewed No. 1 films ever, especially for the horror genre,” said Paul Dergarabedian, a senior analyst at Comscore.

    The success of “Sinners” is encouraging for the horror genre, which was most successful in 2017, when “It” and “Get Out” were released, according to Dergarabedian. Horror movies earned more than $1 billion at the box office in 2017, according to Comscore data. In 2024, the genre earned $948 million.

    “Horror movies can be very budget-friendly and have a very strong profitability factor, so that makes them particularly of interest to studios and filmmakers,” Dergarabedian told CNN.

    Universal Pictures is set to release two horror sequels this year, “M3GAN 2.0” and “Black Phone 2” in June and October, respectively.

    Meanwhile, the industry’s overall domestic earnings, which were down 13% at the opening of “A Minecraft Movie,” are now up 5.3% compared to 2024, according to Comscore.

    Box office analyst David A. Gross of FranchiseRe said “A Minecraft Movie” is trekking toward $1 billion at the worldwide box office. After its strong opening, the fantasy adventure comedy has gone viral for engaging audiences with its chicken jockey scene.

    “Audiences are totally engaged — this is mainstream action-adventure entertainment at its best,” Gross told CNN.

    Dergarabedian expects the overall box office to maintain this momentum as the first slate of summer movies debuts in May, followed by a strong Memorial Day weekend with Disney’s live-action “Lilo & Stitch” and Paramount’s “Mission: Impossible — The Final Reckoning.”

    The-CNN-Wire
    & © 2025 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved.

    Source: Seattle Medium

  • African state signs oil exploration deal with Russia

    African state signs oil exploration deal with Russia

    The partnership with two Russian corporations comes as Sudan seeks deeper ties with Moscow

    RT World News

    Two Russian companies, including state-owned Zarubezhneft and Al-Rassi International Services (LLC), have signed a memorandum of understanding with Sudan’s Bashayer Petroleum Pipelines Company (BAPCO) to cooperate in the field of petroleum services.

    High-ranking representatives of the firms concluded an agreement in Port Sudan, the capital of Red Sea State, the Sudanese Ministry of Energy and Petroleum announced on Saturday. A delegation from the Russian embassy in Sudan also attended the ceremony, the ministry stated.

    African state signs oil exploration deal with Russia

    According to the statement, acting undersecretary of energy and oil, Mohamed Awad Al-Khair, and the companies’ representatives also held technical and administrative discussions aimed at finalizing agreements on a number of other issues.

    READ MORE: Sudan to cooperate with Russia on oil exploration – media

    The parties also addressed possible partnerships with the Sudan National Petroleum Corporation (Sudapet) in oil sector investment, such as exploration and production, the ministry said. [Picture: ©  Facebook/وزارة الطاقة و النفط]

    Sudan has sought Russian investment in an array of sectors in recent years, including gold mining and the oil industry, but efforts have reportedly been hampered by an ongoing war in the African state.

    Earlier this month, Khartoum’s ambassador to Moscow, Mohammed Sirraj, reportedly said the northeastern African country intends to strengthen ties with Russia and seek its help in ending its civil war.

    Late last year, Sudanese Oil and Gas Minister Mohi-Eddin Naeem Mohamed Saeed stated that Sudan plans to sign industrial, commercial, and oil-related agreements with Russian companies.

    The deals are said to involve exploration of more than 20 oil wells in regions considered safe from the deadly conflict that erupted between the Sudanese Armed Forces and the paramilitary Rapid Support Forces in April 2023.

    Earlier in November, the northeastern African nation’s government also announced an agreement with Russian firm Power Machines to upgrade Sudan’s hydropower infrastructure.

    On Saturday, the Sudanese Energy Ministry said a group of Russian companies had arrived in the country a week ago and have held talks with senior government officials to explore investment opportunities.

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  • 2027: Bauchi Governor’s Posters Flood State

    Posters of Bauchi State Governor, Senator Bala A. Mohammed, with the inscription ‘Kaura for President 2027’ have flooded Bauchi streets.

    Daily Trust reports that the posters were placed at strategic places including roundabouts, electrical poles and signboards along major streets within the state capital.

    It observed that the posters were visible along major streets of Railway road, Sabon Titin Karofi and Kofar Dumi street among others.

    One of the youth hired for pasting the posters, Aminu Auwal, told the outlet that two politicians identified as Ya’u Ortega and Talolo, contracted them to do the job.

    Auwal said: “We were directed to post the governor’s posters along major steers of Bauchi state. We started the work around 1am today and we are hoping to finish it today.”

    No official comment has been issued yet.

    2027: Bauchi Governor’s Posters Flood State is first published on The Whistler Newspaper

    Source: The Whistler

  • CDC advisory group considers narrowing COVID vaccine recommendations – Paradise Post

    Next year’s COVID vaccine recommendations from the U.S. Centers for Disease Control and Prevention appear likely to be less expansive than in previous years.

    Notes from a recent meeting of the CDC’s Advisory Committee on Immunization Practices’ COVID-19 Work Group show health officials are considering narrowing the recommended age range for universal vaccination from everyone over 6 months to those 65 and older and people with health complications for the next respiratory virus season.

    A majority of the working group’s members indicated they will vote to endorse such a risk-based recommendation, rather than the current universal recommendation.

    Some doctors are praising the possible move, while others have reservations about the shift.

    The change would be “long overdue,” said Monica Gandhi, a UC San Francisco infectious disease expert. “I think it is the right approach, to give people boosters when they’re at risk,” she said.

    A new more narrow COVID vaccine recommendation would also put the United States more in line with the rest of the world. “Most of the world, in fact the entire planet, including the World Health Organization, only recommends COVID vaccination for certain risk groups,” she said.

    Gandhi, who was often a critic of some of the more restrictive pandemic precautions in Northern California’s Bay Area, including prolonged school closures, has researched and published papers on the efficacy of vaccinations and boosters. She hopes the CDC adjusting its recommendations might restore some of the public’s trust in public health officials.

    But there is another common respiratory virus for which the CDC has long recommended universal annual inoculation. The agency recommends a flu shot every year for every person 6 months and older, and while flu vaccination coverage is far from universal, in recent years, uptake of the flu vaccine has been suppressed by the politicization of vaccinations that stemmed from the conversation around COVID vaccines.

    Since the first COVID vaccine was released, the agency has recommended that everyone six months and older get at least one dose of the annually reformulated COVID vaccine each year. The process of yearly shots was more similar to the system for the flu vaccine than other respiratory viruses for which universal but less frequent vaccination is recommended, like measles. The measles vaccine is administered in two doses during childhood, with no additional boosters recommended.

    In recent years, additional doses of the COVID vaccine have been recommended for the elderly and those at high risk of serious illness.

    Not all public health experts agree that a change to the recommendations is the right idea.

    “There are reasonable people coming down on both sides of it,” said Dr. John Swartzberg, clinical professor emeritus at the UC Berkeley School of Public Health.

    “I think the best thing for a society is to have the maximum protection we can have,” Swartzberg said. “Therefore, I tilt toward continuing the way we’re doing it.”

    According to data presented at the working group meeting this week, as of mid-March, just 12.8% of children between 6 months old and 17 years old reported having received this year’s COVID vaccine, slightly lower than the percentage who had been vaccinated the year before. Those rates are lower than the rate of flu vaccination for children, despite similar recommendations.

    “If no one’s doing what you’re recommending, you’ve obviously lost their trust,” Gandhi said. “It’s really important to regain trust in public health.”

    While next year’s recommendations may not call for a vaccine for those under 65 without a high risk, a vast majority of the working group members indicated they want to allow anyone to get an annual shot if they choose to.

    Some worry that, given the patchwork nature of the country’s health care and health insurance system, the change could make it harder for some to get vaccinated, but the implications are not clear.

    “If it is ‘recommended’ for people … the insurance pays for it, but if it is ‘suggested,’ then the insurance may or may not pay for it,” said Swartzberg.

    “That’s why there have been all these battles over the language that the CDC uses,” he said. “It has big implications.”

    The working group is expected to vote on its final recommendation in June.

    Originally Published:

    Source: Paradise Post

  • Lakers Defeated by Timberwolves in Playoff Opener

    Minnesota Timberwolves guard Anthony Edwards racked up 22 points, eight rebounds and nine assists on April 19. (Mark J. Terrill/AP via CNN Newsource)

    By Homero De la Fuente, CNN

    (CNN) — The NBA Playoffs officially tipped off with a sizzling four-game slate on Saturday.

    In the night’s finale, the Los Angeles Lakers fell to a heavy defeat in front of their home fans, losing 117-95 to the Minnesota Timberwolves in Game 1 of their Western Conference best-of-seven series.

    The Lakers hit the halftime break reeling, down 59-48, and things only got worse as Minnesota jumped out with an 11-0 run in the third to extend the lead to 22. Anthony Edwards, who finished with 22 points, eight rebounds and nine assists, torched the Lakers with a 3-pointer that stretched the lead to 27 points with just over five minutes left in the third.

    But the Lakers, sparked by their new superstar Luka Dončić, refused to go quietly. A 13-3 run clawed them back into the fight, and Dončić sent the crowd at Crypto.Com Arena into a frenzy, drilling a halfcourt buzzer-beater at the end of the third to cut the deficit to 94-78.

    Minnesota weathered the Lakers surge, countering with a 12-2 run in the fourth quarter to shut down any hopes of a comeback.

    Jaden McDaniels led the Wolves’ charge with 25 points and nine rebounds, while Julius Randle added 16 points. The Timberwolves knocked down a franchise playoff-record 21 3-pointers.

    For the Lakers, Dončić finished with eight rebounds and game-high 37 points – tying George Mikan for the second-highest haul in a Laker postseason debut. LeBron James contributed 19 points in the loss.

    “I’m not sure physically we were ready, if that makes sense,” said Lakers head coach JJ Redick. “And really, when they started playing with a lot of thrust and physicality, we just didn’t respond immediately to that, and then that stretch from the start of the second through four, five minutes to go in the third.

    “We lost that stretch by 34, so that’s a blowout.”

    Both teams will return to the court for Game 2 on Tuesday, April 22.

    Elsewhere, the New York Knicks stunned the Detroit Pistons at Madison Square Garden, orchestrating a 21-0 run in the fourth quarter to erase an 11-point deficit and seal Game 1, 123-112.

    Jalen Brunson scored a game-high 34 points, overcoming early shooting struggles and a late injury scare to hand the Pistons an NBA record-extending 14th straight playoff loss.

    Brunson started the first half shooting 2-of-13 from the field, but finished 12-for-27, including eight points in the game-clinching run. In the fourth quarter, the star guard appeared to tweak his right ankle on several occasions, before going to the locker room to change his shoes

    “Obviously, we didn’t end the third quarter the way we wanted to, but there was never a doubt that we’re going to just lay down and not fight,” Brunson said after the game. “We had to find a way to figure things out and keep battling and I mean, it turned around quickly.”

    Both squads will return to the court on Monday in New York.

    It was a back-and-forth battle between the Denver Nuggets and the Los Angeles Clippers in Game 1, with the Nuggets escaping with a 112-110 win in overtime.

    The Clippers took a 15-point lead in the first half but the Nuggets battled back and by the final minutes of regulation the teams were trading the lead back and forth.

    Neither team was willing to give an inch and, in the end, 48 minutes was not enough to settle things.

    In overtime, the decisive moment came from an unlikely source in Christian Braun, who hit a 3-pointer with a minute left to put Denver up by four.

    Pesky defense from veteran Russell Westbrook created a key turnover to let the Nuggets ice it from the free-throw line.

    In the first game of the four-game slate, the Indiana Pacers’ strong first half set the pace en route to a 117-98 win over the Milwaukee Bucks on Saturday.

    In a rematch of last year’s first-round series, the Pacers held a 67-43 lead at halftime and never looked back to win Game 1 of the Eastern Conference first-round series.

    Pascal Siakam led Indiana with 25 points and seven rebounds, while Tyrese Haliburton added 10 points and 12 assists in the win.

    For the Bucks, Giannis Antetokounmpo scored 36 points and 12 rebounds in the loss. Milwaukee was without star guard Damian Lillard, who missed the contest with deep vein thrombosis in his right calf. According to reports, Lillard could come back to play in either Game 2 or 3.

    The-CNN-Wire
    & © 2025 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved.

    Source: Seattle Medium

  • Death Toll In Ojodu-Berger Building Collapse Rises To Seven

    The death toll from the three-storey building collapse at 9 and 10 Oremeta Street in the Ojodu-Berger area of Lagos has risen to seven.

    The number of casualties increased after two more bodies were recovered from the rubble on Monday afternoon.

    Rescue efforts and debris clearance are still ongoing at the scene.

    THE WHISTLER reports that the building, which housed a popular local restaurant, collapsed around 8:00 a.m. on Saturday, prompting a swift response from emergency agencies.

    By 5:48 a.m. on Sunday, emergency responders had rescued 13 victims alive, while five bodies—three women and two men—had been recovered.

    On Sunday, the Lagos State Emergency Management Agency (LASEMA) confirmed that safety protocols had been activated, and the area had been cordoned off to ensure secure rescue operations.

    The agency also deployed a range of rescue equipment, including heavy and light machinery such as excavators, payloaders, concrete cutters, spreaders, and chains.

    Personnel from multiple agencies—including the LASEMA Tiger and Cobra Response Teams, Pre-Hospital Care Unit, Lagos Neighbourhood Safety Corps (LNSC), Lagos State Public Works Corporation (LSPWC), Nigeria Police Force, and the Nigeria Red Cross—are actively involved in the rescue efforts.

    Authorities have not yet released the identities of the deceased, as investigations into the cause of the collapse continue.

    Death Toll In Ojodu-Berger Building Collapse Rises To Seven is first published on The Whistler Newspaper

    Source: The Whistler

  • One day before Pope’s death, Vance received audience on Easter Sunday

    By CHRIS MEGERIAN

    WASHINGTON (AP) — One of Pope Francis’ final encounters before his death was with U.S. Vice President JD Vance, who visited the Vatican over the weekend.

    The meeting took place on Easter Sunday. Vance, a Catholic convert, entered the room and reached down for the pope’s hand. “Hello,” the vice president said. “So good to see you.”

    Francis was sitting in a wheelchair, and his words were inaudible in a video released by the Vatican.

    “I know you’ve not been feeling great, but it’s good see you in better health,” Vance said.

    A priest serving as a translator spoke for the pope.

    “These are for your children,” the priest said as someone presented Vance with chocolate eggs. Next came a tray of additional gifts, including rosaries and a Vatican tie.

    “Thank you,” Vance said as he held the dark tie. “So beautiful.”

    They posed for a photo, Vance standing to the pope’s right before bidding him farewell.

    “I pray for you every day,” Vance said. “God bless you.”

    Vance’s visit was not without political sensitivities, and he met with Cardinal Pietro Parolin on Saturday for what the Vatican described as “an exchange of opinions.” The Catholic Church, under Francis’ leadership, has championed the rights of migrants, while Vance and President Donald Trump have advocated for crackdowns.

    Vance’s office said the vice president and the cardinal “discussed their shared religious faith, Catholicism in the United States, the plight of persecuted Christian communities around the world, and President Trump’s commitment to restoring world peace.”

    Leavitt told reporters that she had spoken to members of Vance’s team on Monday morning after Francis’ death.

    “They expressed how excited and grateful they were for the opportunity to have met with the pope just yesterday,” she said.

    Leavitt added that Francis “touched millions of lives throughout his tenure as the head of the Catholic Church and so it’s a solemn day for Catholics around the world and we are praying for all those who loved the pope and believed in him.”

    President Donald Trump issued a statement on Truth Social: “Rest in Peace Pope Francis! May God Bless him and all who loved him!”

    At the White House Easter egg roll on Monday, Trump said he signed an executive order putting U.S. flags at half staff in the pope’s honor.

    “He was a good man,” the president told reporters. “He loved the world and it’s an honor to do that.”

    Source: Paradise Post

  • Supreme Court to Rule on ACA Preventive Care

    Pills used for HIV Pre-Exposure Prophylaxis (PrEP) are pictured. (MarcBruxelle/iStock Editorial/Getty Images via CNN Newsource)

    By Tierney Sneed, Tami Luhby and Sarah Owermohle, CNN

    (CNN) — President Donald Trump’s Justice Department is defending the Affordable Care Act before the Supreme Court – a notable contrast to his first term, when his administration sought to repeal the law in Congress and then refused to defend it in a major challenge brought by GOP-led states.

    But a win for the federal government in the current case, concerning the law’s mandates that certain preventive services are covered cost-free, could boost the power that Health and Human Services Secretary Robert F. Kennedy Jr. has in shaping those requirements.

    It comes as Kennedy shakes up the health agency with mass layoffs and plans to consolidate huge swathes of its authorities in a new, $20 billion “Administration for a Healthy America.” Kennedy has questioned a litany of public health recommendations, and a victory in this case could put him in more direct control of at least one expert panel focused on those policies.

    On Monday, the justices will be considering the legality of certain no cost-sharing coverage mandates that were created by a government entity known as the US Preventive Services Task Force, which issues recommendations that are supposed to be shielded from political influence.

    At stake is the ability of millions of Americans to access cost-free preventive services that include cancer screenings, statins that help prevent cardiovascular disease, PrEP drugs that help prevent HIV infections, and counseling referrals for pregnant and postpartum women at increased risk of depression.

    Cost sharing was an “enormous barrier” to people getting such care, according to Georges Benjamin, executive director of the American Public Health Association.

    “Simple stuff, like more people getting their blood pressure checked, more people getting their flu shots, more people getting the cholesterol screenings, more people getting some cancer screenings, like colonoscopy, breast screenings, those kinds of things,” Benjamin told reporters at a press briefing organized by the advocacy group Protect Our Care.

    The case is part of the latest wave of conservative legal attacks on the Affordable Care Act, but one that doesn’t threaten to take down the landmark health reform law, which has expanded health insurance coverage to tens of millions of Americans.

    The challengers argue that mandates are unconstitutional because, under Obamacare, they come from a task force whose membership hasn’t been Senate confirmed.

    A ruling in the government’s favor would leave those mandates intact for now, but the fight over how those mandates are crafted will continue, both in court and in the control that Kennedy attempts to exert over Obamacare’s requirements.

    “The Supreme Court ruling in favor of preserving these services is not going to end the issue,” said Andrew Pincus, a partner at the law firm Mayer Brown who filed an amicus brief supporting the mandates on behalf of the American Public Health Association.

    Pincus, speaking at the Protect Our Care briefing, predicted that the Supreme Court was likely to say, “that the Secretary of HHS has some authority to oversee how the task force operates and the decision that it makes.”

    “So, the question will then be, will HHS follow the science and uphold the USPSTF recommendations, or will it take a different course?” he said.

    CNN has reached out to HHS for comment.

    Part of a larger war over Obamacare

    The lawsuit was filed at the end of the first Trump administration by a Texas business and other individuals who did not want to offer coverage of certain preventive services, including PrEP medications for HIV, because of their religious and moral objections to those treatments.

    They are represented by Jonathan Mitchell, a well-known conservative lawyer who has been involved in other culture war disputes in court, including a significant abortion case at the Supreme Court, and who represented Trump when he was a presidential candidate in a challenge to the state of Colorado’s attempt to remove him from the ballot.

    The challengers’ religious liberties claims were spun off into separate proceedings. The dispute in front of the court Monday focuses on a constitutional clause known as the Appointments Clause, which establishes the president and Senate’s role in appointing and confirming officials that wield significant government power.

    Lower courts agreed with the challengers’ Appointments Clause arguments, but only as they applied to one of the three different entities that issue the recommendations that become the preventive coverage mandates under Obamacare.

    As the Supreme Court’s weighs in on the taskforce’s constitutionality, another round of litigation will continue before US District Judge Reed O’Connor about the mandates based on the ACA recommendations of the other two entities, the Advisory Committee on Immunization Practices, and the Health Resources and Services Administration, which provides guidelines on preventive care for women and children, including annual visits and an array of screenings.

    Those proceedings focus on procedural questions about those mandates, rather than whether those entities’ role in the process was constitutional.

    Outside the courtroom, however, Kennedy has been particularly critical of ACIP, the committee overseeing vaccine recommendations.

    The secretary has accused the panel — typically an assembly of pediatricians, vaccine experts, and other physicians — of being too close to the manufacturers that develop those vaccines. As secretary, he could remove and replace members of the committee.

    Dispute over HHS secretary’s role

    In the dispute the justices are hearing Monday, the US Solicitor General and Obamacare’s foes will spar over the role the HHS secretary plays in deciding which of the Preventative Services Task Force’s recommendations ultimately become coverage mandates.

    The challengers argue that the secretary has virtually no say over the matter, and thus the task force is acting like a so-called “Principal Officer” that should have been appointed by the president and confirmed by the Senate.

    The administration argues in its briefs that the taskforce members are what’s known as “inferior officers” and that the “Secretary, not the Task Force, is ultimately responsible for deciding what recommendations will have final, binding legal effect.”

    The Justice Department’s current argument is a continuation of how the Biden administration was approaching the case, and “it’s every bit as legally appropriate” now, said Nicholas Bagley, a professor at University of Michigan Law School who specializes in administrative and health law.

    “But the ideological valiance has shifted, because you’re vesting the right to make important decisions about preventive services in someone who has medical views very outside of the mainstream,” Bagley said.

    The-CNN-Wire
    & © 2025 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved.

    Source: Seattle Medium

  • Declining Consumer Demand Pushes Unsold Inventory To ₦2.14trn

    … Manufacturers Spent ₦1.11trn On Alternative Energy

    The Manufacturers Association of Nigeria (MAN) has reported a significant surge in unsold finished goods across the manufacturing sector, with inventory levels climbing to ₦2.14trn in 2024.

    This development, which reflects declining consumer demand and rising production costs, was detailed in MAN’s Economic Review for the second half of 2024.

    The report also revealed that manufacturers spent a record ₦1.11trn on alternative energy sources, driven by persistent electricity supply challenges and surging energy costs.

    According to the report, the 87.5 per cent year-on-year increase in unsold inventory signals the intensifying strain on manufacturers’ ability to clear stock amidst eroding consumer purchasing power and inflationary pressures.

    Although the second half of the year showed some signs of relief—with inventory declining by 27.9 per cent compared to the first half—the cumulative figure underscores a difficult operating environment marked by weak demand and high input costs.

    The review paints a mixed picture of the Nigerian manufacturing landscape in 2024.

    On one hand, the sector showed resilience in areas such as local raw material sourcing, which improved to 57.1 per cent from 52.0 per cent in 2023.

    On the other, it grappled with macroeconomic instability, exchange rate volatility, and surging inflation, which peaked at 34.8 per cent by year-end. These conditions drove operational expenses higher and constrained new investments, despite a slight half-year improvement in some indicators.

    It stated that the energy supply was among the most pressing issues. Though average daily electricity supply to manufacturers increased from 10.6 hours in 2023 to 13.3 hours in 2024—and rose to 15.2 hours in the second half of the year—the improvement came at a steep cost.

    Tariff hikes exceeding 200 per cent for Band A consumers, alongside 12 national grid collapses, forced manufacturers to ramp up expenditure on alternative energy sources.

    Total spending on diesel, petrol, gas, and other alternatives rose by 42.3 per cent from ₦781.68bn in 2023 to ₦1.11trn in 2024.

    A sectoral breakdown of energy spending revealed that the Food, Beverage & Tobacco industry led the pack with ₦229.41bn in alternative energy expenditure, up from ₦182.76bn the previous year.

    The Chemical & Pharmaceuticals sector doubled its energy spending to ₦208.68bn, while the Non-Metallic Mineral Products sector recorded ₦118.49bn—a 33.7 per cent increase.

    The Textile, Apparel & Footwear sector saw the most dramatic rise, with energy expenses increasing fourfold to ₦26.45bn from just ₦6.97bn in 2023.

    The high cost of energy was compounded by rising finance costs. The Central Bank of Nigeria’s aggressive monetary tightening drove up the Monetary Policy Rate (MPR) to 27.5 per cent, pushing average commercial lending rates for manufacturers to 35.5 per cent—up from 28.06 per cent in 2023.

    As a result, total finance costs for the sector reached ₦1.3trn, severely limiting capacity for expansion and capital investment.

    Manufacturing investment also contracted significantly in real terms, falling by 35.3 per cent to ₦658.81bn.

    In nominal terms, investment declined by 11.3 per cent to ₦2.85trn, as companies paused or scaled down expansion plans in response to mounting economic uncertainties.

    The most significant reductions were observed in the Land & Buildings and Furniture & Equipment categories.

    According to the report, despite these headwinds, capacity utilisation in the sector edged up slightly to 57.0 per cent in 2024, compared to 55.1 per cent in 2023.

    This modest improvement was supported by gains in key sub-sectors, including non-metallic mineral products, motor vehicles & miscellaneous assembly, and chemicals & pharmaceuticals. However, this progress was tempered by persistent challenges such as forex scarcity, inflation, and energy disruptions.

    Manufacturing production also followed a dual trend. Real output increased by 1.7 per cent year-on-year to ₦7.78trn, driven by improved activity in select sub-sectors. Yet, production declined by 3.1 per cent when comparing the second half of 2024 with the first, reflecting the impact of rising operational costs and weakening consumer demand.

    In nominal terms, output soared by 34.9 per cent to ₦33.43trn, largely due to inflationary effects.

    The report noted that employment in the sector remained relatively stable. A total of 34,769 jobs were created in 2024, representing a 1.8 per cent increase from 34,163 jobs in 2023.

    However, employee exits also rose slightly to 17,949, compared to 17,364 in the previous year. The net result was 16,820 new jobs, virtually unchanged from the net 16,799 recorded in 2023, indicating that employment gains were mostly offset by high labour mobility and restructuring.

    MAN’s Director General, Segun Ajayi-Kadir, noted that while the sector demonstrated a degree of resilience, more decisive policy support is needed to ensure sustainable growth.

    He emphasised the importance of stabilising macroeconomic conditions, ensuring a reliable energy supply, and expanding access to affordable financing for manufacturers.

    “The challenges are real, but so are the opportunities,” he said. “If we can address the structural constraints—particularly energy and finance—we can unlock far greater productivity and industrial contribution to national growth.”

    The report concludes with a call for urgent reforms to ease manufacturers’ cost burdens and stimulate investment, as the sector remains a critical driver of employment, economic diversification, and inclusive growth in Nigeria.

    Declining Consumer Demand Pushes Unsold Inventory To ₦2.14trn is first published on The Whistler Newspaper

    Source: The Whistler

  • Hegseth had second Signal chat where he shared details of Yemen strike

    By TARA COPP, Associated Press

    WASHINGTON (AP) — Defense Secretary Pete Hegseth created another Signal messaging chat that included his wife and brother where he shared similar details of a March military airstrike against Yemen’s Houthi militants that were sent in another chain with top Trump administration leaders, The New York Times reported.

    A person familiar with the contents and those who received the messages, who spoke on condition of anonymity to discuss sensitive matters, confirmed the second chat to The Associated Press.

    The second chat on Signal — which is a commercially available app not authorized to be used to communicate sensitive or classified national defense information — included 13 people, the person said. The person also confirmed the chat was dubbed “Defense ‘ Team Huddle.”

    The New York Times reported that the group included Hegseth’s wife, Jennifer, who is a former Fox News producer, and his brother Phil Hegseth, who was hired at the Pentagon as a Department of Homeland Security liaison and senior adviser. Both have traveled with the defense secretary and attended high-level meetings.

    The White House and Pentagon said late Sunday that disgruntled former employees were spreading false claims.

    “No matter how many times the legacy media tries to resurrect the same non-story, they can’t change the fact that no classified information was shared,” said Anna Kelly, White House deputy press secretary. “Recently-fired ‘leakers’ are continuing to misrepresent the truth to soothe their shattered egos and undermine the President’s agenda, but the administration will continue to hold them accountable.”

    Pentagon spokesman Sean Parnell added in a post on X late Sunday that the report “relied only on the words of people who were fired this week and appear to have a motive to sabotage the Secretary and the President’s agenda. There was no classified information in any Signal chat, no matter how many ways they try to write the story.”

    The revelation of the additional chat group brought new calls for Hegseth to be ousted as President Donald Trump’s administration has faced criticism for failing to take action so far against the top national security officials who discussed plans for the military strike in Signal.

    “The details keep coming out. We keep learning how Pete Hegseth put lives at risk. But Trump is still too weak to fire him,” Senate Democratic Leader Chuck Schumer posted on X. “Pete Hegseth must be fired.”

    The first chat, set up by national security adviser Mike Waltz, included a number of Cabinet members and came to light because Jeffrey Goldberg, editor-in-chief of The Atlantic, was added to the group.

    The contents of that chat, which The Atlantic published, shows that Hegseth listed weapons systems and a timeline for the attack on Iran-backed Houthis in Yemen last month.

    Hegseth has previously contended that no classified information or war plans were shared in the chat with the journalist.

    FILE – U.S. Secretary of Defense Pete Hegseth speaks during the Central American Security Conference in Panama City, April 9, 2025. (AP Photo/Matias Delacroix, file)

    The Times reported Sunday that the second chat had the same warplane launch times that the first chat included. Multiple former and current officials have said sharing those operational details before a strike would have certainly been classified and their release could have put pilots in danger.

    Hegseth’s use of Signal and the sharing of such plans are under investigation by the Defense Department’s acting inspector general. It came at the request of the leadership of the Senate Armed Services Committee — Republican Chairman Roger Wicker of Mississippi and ranking Democratic member Jack Reed of Rhode Island.

    Reed urged the Pentagon watchdog late Sunday to probe the reported second Signal chat as well, saying that Hegseth “must immediately explain why he reportedly texted classified information that could endanger American servicemembers’ lives.”

    “I have grave concerns about Secretary Hegseth’s ability to maintain the trust and confidence of U.S. servicemembers and the Commander-in-Chief,” he added.

    The new revelations come during further turmoil at the Pentagon. Four officials in Hegseth’s inner circle departed last week as the Pentagon conducts a widespread investigation for information leaks.

    Dan Caldwell, a Hegseth aide; Colin Carroll, chief of staff to Deputy Defense Secretary Stephen Feinberg; and Darin Selnick, Hegseth’s deputy chief of staff, were escorted out of the Pentagon.

    While the three initially had been placed on leave pending the investigation, a joint statement shared by Caldwell on X on Saturday said the three “still have not been told what exactly we were investigated for, if there is still an active investigation, or if there was even a real investigation of ‘leaks’ to begin with.”

    Caldwell was the staff member designated as Hegseth’s point person in the Signal chat with Trump Cabinet members.

    Former Pentagon spokesman John Ullyot also announced he was resigning last week, unrelated to the leaks. The Pentagon said, however, that Ullyot was asked to resign.

    AP writer Michelle L. Price in Washington contributed to this report.

    Originally Published:

    Source: Paradise Post