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Politics

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Politics

Kamel: Standard Raise Not Enough for Mideast Hiring

The war on Iran and talent shortages have made C-suite candidates much harder to recruit and retain in the Middle East. That’s according to Alchemy Search, who says candidates have stronger bargaining power, while employers are shifting to hire locally first. Weam Kamel, Partner & Abu Dhabi Operations Head for Alchemy Search spoke to Bloomberg’s Abeer Abu Omar on Horizons Middle East & Africa on what it takes to attract talent to the region. (Source: Bloomberg)

Bloomberg•8/3/2026
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‘Peller didn’t invite me because wedding was content’ — Carter Efe
Politics

‘Peller didn’t invite me because wedding was content’ — Carter Efe

Popular Nigerian streamer, Carter Efe has claimed that the widely publicised wedding ceremony involving TikTok personalities, Peller and Jarvis was staged for content creation rather than being a genuine marriage. The content creator made the remarks during a livestream while reacting to discussions about the event, which generated widespread reactions across social media. According to […] ‘Peller didn’t invite me because wedding was content’ — Carter Efe

Daily Post Nigeria•8/3/2026
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Politics

Pattaya Is More Than Just the Beach: How ‘Event Tourism’ Is Making This Seaside City Near Bangkok a Year-Round Destination

BANGKOK, THAILAND – Media OutReach Newswire – 3 August 2026 – At a time when travel for Thai people is no longer simply about ‘taking a break’, many are choosing to travel to attend events that interest them, whether sporting competitions, music festivals, seaside activities, art events or city festivals. These experiences can transform an [...] Source from InfoStride News

The InfoStride•8/3/2026
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Politics

N17.40trn in FGN bonds shows pension funds still play safe —Cowry Assets

Nigeria’s pension fund administrators maintained a firmly conservative investment stance in the first half of 2026, channeling the bulk of their assets into Federal Government of Nigeria (FGN) securities that climbed to ₦17.40 trillion by the end of June, according to a review by Cowry Assets Management Limited. The figure marks a rise from ₦16.33 […] The post N17.40trn in FGN bonds shows pension funds still play safe —Cowry Assets appeared first on Tribune Online.

Tribune Online•8/3/2026
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Politics

Poor Federal Roads: The Oshiomhole’s  Outburst

Quote:”Although the Federal Ministry of Works is responsible for road construction and rehabilitation while the Federal Roads Maintenance Agency (FERMA) oversees maintenance, road maintenance has consistently taken a back seat” The recent outburst by the lawmaker representing Edo North Senatorial District, Senator Adams Oshiomhole, over the deplorable condition of federal roads in Edo and Delta states has once again drawn national attention to one of Nigeria’s most persistent infrastructure challenges. During Senate plenary last Wednesday, Oshiomhole criticized the Minister of Works, David Umahi, accusing the Federal Ministry of Works of neglecting major federal highways in Edo and Delta while prioritizing new road projects. According to him, the government should focus on rehabilitating existing roads that have become impassable before embarking on new construction. He identified the Benin-Warri, Benin-Asaba, Benin-Auchi and Auchi-Okene highways as strategic economic corridors that have deteriorated to alarming levels, making travel difficult for commuters and motorists while increasing the cost of transporting goods and services. The senator also alleged that road projects affecting Edo and Delta states were repeatedly omitted from budgetary provisions and that some interventions were only undertaken following directives from President Bola Tinubu. Ironically, the Federal Government has consistently reiterated its commitment to reconstructing and rehabilitating federal roads across the country. The Minister of Works has repeatedly assured Nigerians that the government is deploying reinforced concrete technology to build more durable highways capable of withstanding the country’s climatic conditions. Despite these assurances, vast sections of federal road across the country remain in deplorable condition. The consequences are enormous. Federal highways serve as the backbone of the nation’s economy, carrying more than 90 per cent of passengers and freight. They connect ports, airports, industrial centres, state capitals and agricultural belts, facilitating the movement of food, fuel, cement and manufactured goods. When these roads fail, the entire economy suffers. Although the Federal Ministry of Works is responsible for road construction and rehabilitation while the Federal Roads Maintenance Agency (FERMA) oversees maintenance, road maintenance has consistently taken a back seat. The result is a recurring cycle in which newly completed roads quickly deteriorate while existing ones are left to collapse. The economic consequences are severe. Bad roads increase transportation costs, contribute to food inflation, delay the movement of goods from ports to markets, increase vehicle maintenance expenses and lead to avoidable road crashes that claim countless lives every year. To address these challenges, the Federal Government has introduced initiatives such as the Highway Development and Management Initiative (HDMI), which seeks to attract private investment into road maintenance through concessions and tolling. While the initiative holds promise, public acceptance will depend largely on visible improvements in road quality and transparent management of toll revenues. Similarly, the Road Infrastructure Tax Credit Scheme is designed to encourage companies to finance the reconstruction of strategic highways in exchange for tax credits. While the scheme has shown promise, its ability to address road infrastructure challenges equitably across the country remains to be seen. Other countries facing similar infrastructure challenges have demonstrated that sustainable road management requires a different approach. Rwanda and Morocco, for instance, have prioritized dedicated road maintenance funds, performance-based contracts that reward quality rather than kilometers constructed, and policies that allocate a significant proportion of road budgets to maintenance instead of new construction. Nigeria can draw useful lessons from these experiences. Maintenance funding should be increased and protected because preventive maintenance is far cheaper than complete reconstruction. Public-private partnerships should be expanded with adequate safeguards, transparent tolling policies and independent monitoring. Development finance institutions should support contractors with affordable financing to minimize disruptions caused by delayed government payments. Road designs should withstand heavier rainfall and flooding, while compensation and right-of-way issues must be resolved before projects begin to avoid unnecessary delays. FERMA should also prioritize durable, high-quality road maintenance over the shoddy repairs that have become all too common. Ultimately, Nigerians are not asking for perfect roads; they simply want roads that are safe, durable and properly maintained. While new highways are desirable, a well-maintained five-kilometer stretch is often far more valuable to road users than a much longer road that quickly falls into disrepair. The media, civil society, the National Assembly and Nigerians must continue to hold the government accountable by monitoring road projects and demanding better results. Good roads are not a privilege but a right of every citizen. With tax credit schemes, concessions and other funding mechanisms already in place, what is now required is political will, transparency and consistent implementation. However, Senator Oshiomhole’s criticism also invites legitimate public reflection.  Many Nigerians have asked what the condition of these same federal roads was during his eight-year tenure as Governor of Edo State. Several governors, including those of Rivers State at different times, undertook repairs on critical federal roads within their states and subsequently sought reimbursement from the Federal Government. It is therefore fair to ask whether similar interventions were pursued during Oshiomhole’s administration. Public officials, whether serving or former, should be judged by the same standard. Constructive criticism is essential in a democracy, but it carries greater weight when matched by a demonstrable record of action. Nigerians expect those entrusted with public office to address pressing challenges while they have the authority to do so, rather than becoming vocal critics only after leaving office By:  Calista Ezeaku

The Tide Newspaper•8/3/2026
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