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US Senator Paul Rand endorses Elon Musk as next House Speaker

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Elon Musk

United States Senator for Kentucky, Rand Paul, has endorsed Elon Musk as the next Speaker of the House.

Senator Paul hinted this in a statement on his official X account on Thursday.

According to him, the speaker of the House does not need to be a Congress member.

“The Speaker of the House need not be a member of Congress.

“Nothing would disrupt the swamp more than electing Elon Musk . . . think about it . . . nothing’s impossible. (not to mention the joy at seeing the collective establishment, aka ‘uniparty,’ lose their ever-lovin’ minds),” he said.

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His comment comes amid House Speaker Mike Johnson, facing GOP backlash for his handling of an end-of-the-year spending deal.

This comes as a Tuesday measure backed by Speaker Johnson would have funded the government through March 14, featuring over $100 billion in disaster relief and $10 billion in economic assistance for farmers.

The bill also included health care reforms and methods to address transparency in live event ticketing.

President-elect Donald Trump and Vice President-elect JD Vance condemned the plan in a joint statement Wednesday, saying the “most foolish and inept thing” ever done by Republicans in Congress “was allowing our country to hit the debt ceiling in 2025.”

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Ondo: Policemen, suspect die in auto crash

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Ondo

Tragedy struck on Friday in Ore, Odigbo Local Government Area of Ondo State following the death of three policemen and a female suspect in a fatal auto crash.

The police officers and the suspect died when a truck lost control and rammed into the vehicle the operatives were travelling in.

With the identities of the victims yet to be known as of press time, the police officers, who were part of the monitoring unit of the police command in the state, left Akure, the state capital, to effect an arrest in Ore before the incident.

With one of the sources who craved anonymity revealing that the victims died on the spot, it was stated that one police officer sustained serious injuries and had been rushed to an undisclosed hospital.

He said, “the truck lost control while descending the Ore Bridge and rammed into the police vehicle that was in front of it.

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“The one that sustained injuries was rushed to the hospital. It was later that we had information that the lady who also died in the accident was a suspect who the police officers had come to arrest from Akure.

Also, the State Command of the Federal Road Safety Corps, FRSC, stressed that a report regarding the accident will soon be issued.

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Nigeria needs $20bn yearly investment to hit N1trn economy target — Finance Minister, Edun

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Wale Edun

The Minister of Finance, Wale Edun, said Nigeria needs to invest $20 billion annually to achieve its economic targets by 2030.

Edun disclosed this on Friday during the Citizens and Stakeholders Engagement on the Implementation of Presidential Priorities and Ministerial Deliverables for the Fourth Quarter of 2024, held in Abuja.

Edun stressed the urgency of the investment, noting its role in driving economic growth and facilitating infrastructural development.

According to him, an additional $20 billion per year is required to grow the economy by an average of 6.3 percent in the medium term.

“We need significantly more growth,” Edun stated. “An additional $20 billion is the target we need for social infrastructure to facilitate logistics for agriculture.”

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This comes as President Bola Tinubu in 2023 announced a $1 trillion gross domestic product, GDP target by 2030.

In 2023, Nigeria’s economy stood at $363 billion. Data from the National Bureau of Statistics, NBS puts GDP for the first three quarters of 2024 at $134 billion. In line with the data by NBS, Nigeria needs to add at least $866 billion between October 2024 and December 2030. This equates to increasing GDP size by 7.5 times within six years. This means the $134 billion GDP figure in 2023 must increase by 8.4 per cent by 2024, reaching approximately $145 billion.

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Court orders restoration of suspended Edo LG chairmen

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A State High Court has ordered the restoration of the suspended local council chairmen in Edo State.

The court, presided by Justice Efe Ikponmwonba, issued the order on Friday, December 20, 2024.

Justice Ikponmwonba gave the order while ruling on a suit filed by the embattled 18 council chairmen and the Edo State chapter of the Association of Local Government of Nigeria, ALGON.

The defendants are the Edo State Government, Edo State Governor, Deputy Governor, the Attorney-General of Edo State, the Accountant-General of Edo State and the Permanent Secretary, Ministry of Local Government, Community and Chieftaincy Affairs.

The judge granted the claimants/applicants prayers by restraining the defendants from acting on the resolution of the Edo State House of Assembly suspending the claimants.

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The court also ordered that the status quo as at December 12, 2024 be maintained pending the hearing and determination of the motion on notice filed on December 12, 2024.

The judge adjourned the suit to February 17, 2025, for hearing and ordered that a hearing notice be issued and served on the defendants.

Gatekeeper reported that the Edo State House of Assembly had suspended the 18 LG chairmen and their deputies over alleged misconduct and insubordination.

The lawmakers took the decision following a petition filed against the LG chairmen by Governor Monday Okpebholo.

Okpebholo had in the petition, accused the local council bosses of insubordination for failing to submit their LGAs’ financial statements to him.

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The Attorney General of the Federation and Minister of Justice, Lateef Fagbemi, SAN, had faulted the suspension of the LG chairmen, describing it as unconstitutional.

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