Economy
U.S. Government Warns BRICS Nations Of 100% Tariffs Over US Dollar Move

U.S. Government Warns BRICS Nations Of 100% Tariffs Over US Dollar Move
U.S. government warns BRICS Nations of 100% tariffs over US dollar move. President Donald Trump has threatened the BRICS countries with 100% tariffs if they move away from using the US dollar for international transactions.
Trump issued the warning via his Truth Social platform, stating, “The idea that BRICS nations are trying to abandon the Dollar, while we stand by and watch, is over.
We will demand a commitment from these countries to not create a new BRICS currency or back any alternative to the US dollar. If they refuse, they will face 100% tariffs and lose access to the US economy.”
BRICS, which consists of Brazil, Russia, India, China, and South Africa, expanded in early 2024 with the addition of Iran, Ethiopia, Egypt, and the UAE, and Indonesia joined in January 2025. The group seeks to counterbalance the influence of the G7, the leading Western economic powers.

BRICS
Russian President Vladimir Putin has criticized the US dollar’s dominance and is pushing for a new payment system within BRICS to lessen Russia’s dependence on the dollar, especially in light of Western sanctions over the war in Ukraine.
Trump, known for imposing tariffs during his first term from 2017 to 2021, emphasized that the US would not tolerate challenges to the dollar’s supremacy.
Economy
Tinubu Welcomes Brazilian Delegation For Bilateral Talks

Tinubu Welcomes Brazilian Delegation For Bilateral Talks
Tinubu welcomes Brazilian delegation for Bilateral talks. A Brazilian delegation led by Minister of Foreign Affairs Mauro Viera visited Abuja to strengthen cooperation between Nigeria and Brazil.
The visit included delivering an official invitation from Brazilian President Luiz Inácio Lula da Silva for President Bola Tinubu to visit Brazil soon.
Discussions focused on trade, investment, and cultural collaboration, with both nations signing agreements to enhance bilateral relations.
Viera praised Tinubu’s participation in the G-20 summit in Brazil last November and emphasized the need for deeper ties in culture, economics, and education.

Tinubu
Nigeria’s Minister of Foreign Affairs, Ambassador Tuggar, highlighted Brazil’s historic support, recalling its participation in Nigeria’s independence celebrations, underscoring the long-standing relationship between both countries.
Economy
Gov. Fubara Calls For Lasting Peace In Rivers, Reaffirms Commitment to Education

Gov. Fubara Calls For Lasting Peace In Rivers, Reaffirms Commitment to Education
Gov. Fubara calls for lasting peace in Rivers, reaffirms commitment to education. Rivers State Governor, Siminalayi Fubara, has emphasized the need for lasting peace in the state, urging members of the Rivers State House of Assembly to fully comply with the Supreme Court ruling in the interest of stability and development.
Speaking on Thursday during the inauguration of the renovated Okrika Grammar School in Okrika LGA, Fubara reiterated his commitment to peaceful governance, stating, “For me to govern effectively, there must be peace. The Supreme Court has ruled, and we must abide by it.”
He also highlighted the government’s intervention in revamping the school, following a request from the Diocese of Okrika Anglican Communion.
The renovation aligns with his administration’s focus on education, healthcare, and food security.
Rivers State Commissioner for Education, Dr. Ovy Chukwuma, described the project as a testament to Fubara’s dedication to quality education.
The renovations included modern classrooms, hostels, an ICT library, laboratories, an administrative block, perimeter fencing, and improved sports facilities.

Governor Fubara
Fubara assured the Anglican Church that experts would assess erosion threats to the school’s land, ensuring its long-term sustainability.
The event saw praise from the Old Boys Association, community leaders, and religious figures, who commended the governor for restoring the institution’s legacy.
Economy
Rivers State Assembly to Investigate Chief Judge Over Alleged Age Falsification

Rivers State Assembly to Investigate Chief Judge Over Alleged Age Falsification
Rivers State Assembly to investigate Chief Judge over alleged age falsification. The Rivers State House of Assembly has initiated an investigation into the state’s Chief Judge, Justice Simeon Amadi, over alleged age falsification.
The move comes amid the ongoing political crisis in the state, involving a power struggle between FCT Minister Nyesom Wike and Governor Similayi Fubara.
On Thursday, the issue was raised during plenary after the House Leader, Hon. Major Jack, presented certain documents to the Speaker, Martin Amaewhule.
The Deputy Speaker, Hon. Dumle Maol, stated: “These documents indicate that Justice Simeon Amadi falsified his age in service. This is a serious allegation, and I hope the House takes legislative notice.”

Rivers State Assembly
Following deliberations, the Assembly resolved to request an investigation by the Department of State Services (DSS).
The motion was put to a vote and approved, directing the DSS to verify the claims and report back to the House.
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