Atletico Madrid has reached an agreement to acquire Manchester City striker Julian Alvarez for £81.5 million.
The deal includes an initial payment of £64.4 million (75 million euros) and potential add-ons of £17.1 million (20 million euros).
This would set a new record sale for City, exceeding the £50 million Chelsea paid for Raheem Sterling in 2022.
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Alvarez had mentioned he would decide on his future after Argentina’s run in the 2024 Olympics football tournament, from which they were eliminated by hosts France last Friday.
The Argentine, who joined City in 2022 in a £14.1m deal from River Plate, has scored 36 goals in 106 appearances for Guardiola’s side.
Alvarez won the Treble during his first season at the Etihad and the striker featured during Argentina’s 2022 World Cup victory in Qatar midway through the campaign.
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Alvarez set for Atletico transfer as Man City agree £81.5m deal
Nationwide Protest: ‘Resign now’-Ex-Rep member, Onyegucha to Tinubu
An erstwhile member of the House of Representatives from Imo state, Uche Onyeagucha, has called on President Bola Tinubu, to resign as President or form a government of National unity.
Onyeagucha made this call on Tuesday in Owerri while reacting to Tinubu’s broadcast intended to address the nationwide ongoing protests against bad governance in the country.
The former National Welfare Secretary of the defunct Action Congress of Nigeria, ACN, said Tinubu’s broadcast added “serious fuel to the flame.”
He said he was among the Pro-Democracy Activists during the Regime of General Sani Abacha, adding that in their quest for Democracy in 1995, they both attended the World Conference on Democracy in Washington DC sponsored by the National Endowment for Democracy, NED.
Speaking further, Onyeagucha told President Tinubu that they were both formerly in the opposition political parties of the Action Congress of Nigeria, ACN.
According to him, Tinubu has united Nigerians with his bad government and hunger, expressing doubt if his appointees were telling him the truth about the state of affairs in Nigeria.
“Your contempt and/or ignorance about the level of hunger and anger against your administration was perfectly captured in your Broadcast to the Nation on Sunday, 4th August 2024.
“Your broadcast to the Nation has added serious fuel to the flame. The anger of Nigerians against you and your administration is now unparalleled. Mr President Sir, respectfully under the circumstance, you have only two options left”
“You should dissolve your Government immediately and proclaim the formation of a Government of National Unity (GNU). I pray that God will touch Nigerians to accept this option in the light of the contempt which you displayed against Nigerians in your Broadcast. You should resign as President and proceed immediately on Exile to enable Nigeria to start on a clean slate again. Sir, your failure to consider any of these options would very likely drive Nigeria into a Political, Economic, and Social crisis of huge proportion. I pray that you find the wisdom, courage, discipline, and statesmanship to act on my advice,” he said.
Nationwide Protest: ‘Resign now’-Ex-Rep member, Onyegucha to Tinubu
Ajayi Crowther University honours Ayo Banjo
Ajayi Crowther University held a Night of Tribute and Service of Song on Monday for its pioneer Pro-Chancellor, Professor Emeritus Ayo Banjo.
Prof. Banjo passed away on May 24, 2024.
The event was organised with the approval of the University’s Board of Trustees (BoT) and Governing Council, in recognition of Banjo’s visionary leadership and dedication to the establishment and growth of the university.
The ceremony, presided over by the former Dean of the Faculty of Humanities, ACU, Most Rev. Prof. George Lasebikan, was attended by all principal officers of the University, led by the Vice-Chancellor, Prof. Timothy Adebayo, deans of faculties, heads of departments, staff, and representatives of the deceased’s family.
In a tribute read by the Vice-Chancellor, the Chairman of the University Governing Council, Dr. Olutoyin Okeowo, described Banjo as a rare gem of inestimable value.
He said, “Anyone who had the opportunity to meet him would know what he stood for. He was an astute institutional administrator with a rich record, having led various institutions including the University of Ibadan.
“He served as the pioneer Pro-Chancellor of ACU and later as chairman of its BoT. His tenure was marked by outstanding initiatives that helped develop the institution. He dedicated his life to academic excellence.”
In her tribute, Banjo’s daughter, Bunmi, mentioned that despite his busy work schedule, her father also devoted time to the development of the family.
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Falana warns protesters to guard against agitations for military coup
Human rights lawyer, Femi Falana, on Tuesday, issued a stern warning to protesters participating in the nationwide hunger protest, urging them to steer clear of “undemocratic forces” attempting to exploit the demonstrations to call for a military coup.
Falana’s caution comes after protesters in Kano State were seen waving Russian flags and chanting anti-government slogans, sparking concerns about the potential for external influence and unconstitutional regime change.
While acknowledging the constitutional right to peaceful protest, Falana, in a statement, emphasized the need for protesters to distance themselves from elements seeking to hijack the demonstrations for ulterior motives.
He warned that advocating for a military coup or displaying foreign flags constitutes an abuse of protest rights and may be considered treasonable felony under the Criminal Code Act.
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The lawyer noted, “While we support the right of the #EndBadGovernance protesters, we have a patriotic duty to call on them to distance themselves from undemocratic forces who have taken advantage of the peaceful protests to engage in violence or campaign for a military coup in the country.
“It has become necessary to point out that calling for a military coup or waving the flag of Russia, a country known for supporting unconstitutional changes of government in Africa, constitutes a gross abuse of the constitutional right to protest against the Government of Nigeria.
“The legitimate protests against hardship in the land should not be turned into a campaign for an unconstitutional change of government.”
The legal practitioner further warned “those involved in the illegal campaign for another military rule,” adding that “they may be accused of engaging in the offence of treasonable felony in contravention of section 41 of the Criminal Code Act.”
Falana’s statement serves as a crucial reminder to protesters to remain vigilant and focused on their legitimate grievances, lest their movement be co-opted by forces seeking to undermine Nigeria’s democratic foundations.
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Group kick’s against calls for military intervention
A group, the Nigeria Ethnic Nationalities Youth Leaders Council, has kicked against calls for military intervention in the country.
The group, after an emergency meeting in Kano on Tuesday, also condemned those waving the Russian flag during the ongoing protests.
Vice President of the Group, Balarabe Rufai, who addressed journalists, said, “We back the government’s position that raising the Russian flag is nothing but a treasonable offence.
“The ongoing protests as we all have witnessed have been characterized by looting and destruction of public and private properties.
“Above all, the most unfortunate event was the flying of the Russian flag which is undemocratic, unconstitutional and unpatriotic.
“Our country is blessed with vast natural resources, a vibrant youth population, and the potential to become the second-largest economy in the world by 2050.
“By the same year Nigeria will also be the third largest in population following India and China. With these potentialities and inevitable destiny for greatness Nigeria has become the envy of the world.
“Yet, despite these attributes, we face significant challenges that demand urgent attention and action.”
Group kick’s against calls for military intervention
20,371 students from six varsities receive monthly stipend
The Nigerian Education Loan Fund on Monday announced the successful disbursement of N20,000 monthly stipends for July to 20,371 students from six tertiary institutions.
A statement released by the Fund in Abuja listed the institutions as follows; Bayero University Kano; Federal University, Dutsin-Ma; University of Ilorin; University of Benin; University of Ibadan and the University of Maiduguri.
The statement which was signed by the Director of finance of NELFUND, Ibom Uche, said the Fund is working towards the commencement of the payment process for students from approximately, “55 additional tertiary institutions.
“It is anticipated that this will be concluded within the next two weeks as the fund is committed to ensuring that all eligible students receive their stipends promptly.”
The statement further noted that the President Bola Tinubu on Sunday, further committed the sum of N50bn to the student loan cause.
“It is noteworthy that the President only Sunday committed a further 50 billion Naira from recovered proceeds of crime.”
The implementation of the student loan scheme is President Bola Tinubu’s flagship project in the education sector.
Barely a month after his inauguration as president, Tinubu signed the Access to Higher Education Act, which creates a legal framework for granting loans to indigent or low-income Nigerians to facilitate the payment of their fees in Nigerian tertiary institutions.
The law, reenacted earlier this year, created the Nigerian Education Loan Fund.
NELFUND is saddled with the responsibility of handling all loan requests, grants, disbursement, and recovery.
The Fund, according to the Act, is to be funded from multiple streams and will engage in other productive activities.
Obi criticizes Tinubu’s address on hunger protests, calls for a genuine response
Peter Obi, the Labour Party’s 2023 presidential candidate, has criticized the Federal Government’s response to the nationwide hunger protests known as #EndBadGovernanceInNigeria.
Obi expressed disappointment in a series of tweets on Monday, calling on President Bola Tinubu to “distance himself from sycophants and surround himself with individuals who will present the unvarnished truth.”
The protests, which have taken place across the country, demand action on issues such as the high cost of governance, corruption, rising living expenses, and fuel subsidies.
In a national broadcast on Sunday, President Tinubu urged dialogue and called for an end to the protests, stating his administration is prepared to listen and respond to the protesters’ concerns. He claimed to have heard their calls “loud and clear.”
Despite this, protests have persisted in major cities including Lagos, Abuja, and Kaduna.
Read also: IPOB demands referendum, declares Igbo prepared to leave Nigeria
Obi criticized Tinubu’s address as “regrettably disconnected from the harsh realities faced by the people and failed to address critical issues that initially triggered the protest. It either reflects a lack of awareness among his advisers regarding the scale of anger, hunger, and hardship in the country, or a deliberate choice to disregard it.
“While the President’s speech focused on the past, the people are concerned with the present and the future. He should begin by addressing pressing issues such as the exorbitant cost of governance, measures to tackle corruption, the high cost of living, and directing resources effectively towards critical areas like health, education, and poverty alleviation.
“I respectfully reiterate that the President should declare a war on insecurity, the economy, poverty, unemployment, and the power sector.”
Obi suggested that to effectively engage the public with his administration’s economic plans, the president should hold “regular briefings, whether quarterly or biannually,” as seen in other countries facing similar challenges.
While acknowledging the president’s late address, which Obi said could have potentially prevented further loss of lives, including those of security personnel, Obi stated that citizens do not expect immediate solutions to the nation’s problems.
However, he emphasized that Tinubu is expected to “address the mismanagement of public resources, reduce the high cost of governance, and tackle issues like insecurity,” among other pressing concerns.
Obi also urged the government to “identify criminal elements attempting to disrupt the protest through looting and other unlawful behaviors and to protect those genuinely exercising their democratic rights.”
In his tweets, Obi noted he had delayed his response to avoid the perception that he was attempting to sway public opinion, especially since he had been initially accused of sponsoring the protests.
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Tinubu talks tough, vows to prosecute Russian flag sponsors in hunger protest
President Bola Tinubu on Monday met with his security chiefs, including paramilitary heads on Monday, where they reviewed the antecedents that have trailed the hunger protests in parts of the country in the last five days.
Tinubu had expressed dismay over the flying of the Russian flags by protesters, where he gave the military chiefs stern directives.
Recall that while the protest festered in some states, the Russian flag with Red, Blue and White colours was spotted in Kano, Plateau, Kaduna and Zamfara States.
The President is believed to have told the service chiefs that the trend was totally unacceptable and should be curtailed at all cost.
The meeting which lasted for about two hours also reviewed non state actors calling for a change in government, to which the security chiefs said the President has given them a stern directive to maintain peace and orderliness in the country.
According to the presidency and the military chiefs, the Russian flag carrying protesters have crossed the red line and will answer to it soon.
The Chief of Defence Staff, CDS, General Christopher Musa who led the Service Chiefs and other military and paramilitary heads to the meeting told State House reporters shortly after the meeting that the actions of the protesters characterised by looting and destruction of public properties justified why the federal government was against the protest from the onset.
General Musa labelled the protest as riot, saying, “we briefed Mr President on the situation on ground and we know that since the riot started all the security agencies you can see all of us together. Initially, when the riot started they said it was a peaceful riot but we have realised that there are individuals that are willing to take advantage of it to cause mayhem.
“We can see clearly what has happened since it commenced. Criminals have taken over, a lot of looting taking place, stealing and all sorts is happening.
“Besides, all of us have seen it, where foreign flags have been flown within the sovereignty of Nigeria, and that is totally unacceptable. We are warning in clear terms and the President has also said we should convey this, that we will not accept anybody, any individual flying any foreign flag in Nigeria.
“That is a treasonable offense, and it will be viewed and treated as such. So nobody should allow himself to be used by any individual.
“Also the issue of coups, Nigeria is a sovereign nation, Nigeria is a democratic nation all security agencies are here to defend democracy and ensure that democracy continues to strive. We will not accept anyone pushing or taking any action, seemingly or for whatever reason to want to push for any change of government.
“Democracy is what we stand for, democracy is what we will continue to defend. For those flying flags and if you notice a lot of them are kids being pushed to do that.
“We’re following up with those who are sponsoring them. Those that are pushing them because you know, the flags were also made. We have identified those areas and we are going to take serious action against that.
“The President is clear on his instructions for us not to accept anyone that wants to disrupt the peace and tranquility of Nigeria. And we are all standing here together to show Nigerians that we’re working closely, we are working together with synergy to ensure that there’s still peace and tranquility in Nigeria, that we have assured Mr. President”.
Reacting to an allegation that some military personnel partook in the looting in some states, General Musa said, “No. I think it has been cleared, I think it was also a misconception. They actually have seen those things and they wanted to clear them away from that area and that’s what was done.
“We have investigated thoroughly, the Chief of army Staff is here. we have investigated thoroughly and there is nothing like such no member of the Armed Forces fall into doing that. And he’s very clear.
“We’ve said that clearly that the military is going to step in when it is out of hand and you can see that for people supervising elements to push individuals to carry Russian flags in Nigeria, Nigeria sovereignty, that is crossing the red line and we will not accept that. And those ones who have done that will go in for the books and they want to be prosecuted”.
The meeting also had in attendance the Vice President Kashim Shettima, the Chief of Staff to the President, Femi Gbajabiamila, the Inspector General of Police, IGP Kayode Egbetokun among others.
Tinubu talks tough, vows to prosecute Russian flag sponsors in hunger protest
Fubara signs Executive Order to establish investment promotion agency
The Rivers State Governor, Siminalayi Fubara, has signed an Executive Order to give impetus to the establishment of an investment agency.
The governor said the agency will coordinate the barrage of enquiries and business interests expressed by investors who now consider the state as a destination of first choice.
Fubara signed Executive Order No. 002 of 2024 for the establishment of the Rivers State Investment Promotion Agency when it was presented to him by the State Attorney General and Commissioner for Justice, Dagogo Iboroma, SAN, at the Executive Council Chambers of Government House in Port Harcourt on Monday.
He explained that what he had just do…
[3:32 PM, 8/5/2024] Makua According: Paris 2024: Top medalists so far as Olympics
As the 2024 Olympic Games continue, a group of exceptional athletes has emerged as the top medal winners so far, showcasing extraordinary performances across various disciplines.
Leading the pack, as of Monday, August 5, is France’s Leon Marchand, who has captured an impressive 4 gold, 0 silver, and 1 bronze medals, totalling 5 overall.
The United States has made a strong showing with several athletes in the top ranks. Torri Huske has matched Marchand’s medal count with 3 gold, 2 silver, and 0 bronze. Simone Biles, the gymnastics phenomenon, has secured 3 gold medals, solidifying her status as one of the great Olympians. Regan Smith has also excelled, earning 2 gold, 3 silver, and 0 bronze medals.
Australia’s swimming prowess is evident with Mollie O’Callaghan claiming 3 gold, 1 silver, and 1 bronze, while Kaylee McKeown and Ariarne Titmus have both secured impressive medal hauls.
Canada’s Summer McIntosh has made waves with 3 gold, 1 silver, and 0 bronze medals, demonstrating the nation’s strength in aquatic events.
Japan and South Korea have also left their mark on the games. Shinnosuke Oka of Japan has claimed 3 gold, 0 silver, and 1 bronze, while South Korea’s Kim Woojin and Lim Sihyeon have both secured 3 gold medals each.
The USA’s dominance in swimming continues with Kate Douglass, Gretchen Walsh, and the legendary Katie Ledecky all making significant contributions to the medal tally.
Rounding out the list is China’s Pan Zhanle, who has earned 2 gold, 1 silver, and 0 bronze medals, highlighting China’s competitive edge in the pool.
This is among many other athletes and sports personnel who have earned one or more medals.
BREAKING: EndBadGovernance: Nigerian Defence responds to call for coup, flying of Russian flag
The Nigerian Defence on Monday issued stern warning to citizens agitating for military rule in the country.
The Chief of Defence Staff, General Christopher Mustapha who gave the warning while addressing journalists shortly after an emergency meeting with President Bola Tinubu, also said that those flying the Russian flag in Nigeria have committed a treasonable offence.
TVN reports that while some of the EndBadGovernance protesters were flying the Russian flag in some northern states, others were heard calling on the military to take over leadership via coup.
Responding to the moves by aggrieved Nigerians protesting against hunger and high cost of living, General Christopher vowed that the law would catch up with such people.
Specifically addressing the call for coup, Musa said the military had accepted democracy and regime change would never be allowed in Nigeria, warning those behind the call to desist.
“All of us have seen it where foreign flags have been flown within the sovereignty of Nigeria, and that is totally unacceptable. We are warning in clear terms and the President has also said we should convey this, that we will not accept anybody, any individual flying any foreign flag in Nigeria.
“That is a treasonable offence, and it will be viewed and treated as such. So nobody shall allow himself to be used by any individual.
“Also the issue of coups, Nigeria is a sovereign nation, Nigeria is a democratic nation all security agencies are here to defend democracy and ensure that democracy continues to strive.
“We will not accept anyone pushing or taking any action, seemingly or for whatever reason, to want to push for any change of government. Democracy is what we stand for, democracy is what will continue to defend”, he said.
BREAKING: EndBadGovernance: Nigerian Defence responds to call for coup, flying of Russian flag