Ethiopia’s government urged Tigrayan rebels to join a unilateral ceasefire in their conflict on Thursday as aid agencies struggled to reach hundreds of thousands of people facing famine. The Tigray People’s Liberation Front (TPLF), the former rulers of Ethiopia’s Tigray region, said on Monday it was back in control of the regional capital Mekelle after nearly eight months of fighting. The government declared a unilateral ceasefire but the TPLF dismissed it as a joke. Hostilities persisted on Thursday and pressure built internationally for all sides to pull back. “Operations are under way … and the number of prisoners of war is increasing by the minute,” TPLF spokesman Getachew Reda told Reuters by satellite phone, with light artillery fire crackling in the background. “We are closing in on...
Ireland’s health service said it was under a ransomware attack on Friday that forced it to shut down its computer systems. A ransomware attack locks users out of their computer systems until they pay a fee to the intruder. There were few details, but the attack was described as significant by Ireland’s Health Service Executive. Motorists line up for fuel at one of the few remaining gas stations that still has fuel in Arlington, Virgina, on May 13, 2021. AFPBiden says oil pipeline back in operation after cyber attack It said it was shutting down all its IT systems to protect them from the attack while it consulted security partners. Covid-19 vaccinations would still go ahead as planned, the agency said. “We apologise for inconvenience caused to patients and to the public and will give furth...
Analysts have expressed concerns over a recent claim that the federal government resorted to printing money to augment the monthly allocation to the three tiers of government, warning that it could heighten inflationary pressure with dire consequences for the country’s exchange rate and economy. The analysts, in separate interviews with newsmen, warned that a sustained policy of printing the currency, if not well managed, would hurt the economy. The concern came on the heels of recent revelation by Governor of Edo State, Mr. Godwin Obaseki, that due to the dwindling revenue in the face of declining oil revenue arising from the growing sources of alternative sustainable energy, the federal government had to print money to augment the amount available for sharing by the federal, state and lo...
File Photo The Department of Petroleum Resources (DPR) has advocated that market forces should be allowed to determine gas prices to guarantee the security of supply and demand of the commodity. Mr Sarki Auwalu, the Chief Executive Officer, DPR, disclosed this while presenting keynote address at the pre-summit conference on “Decade of gas’, in Abuja, on Monday. Auwalu said that the right and market-based pricing of gas was critical, as it would assure producers of returns on their investments. He also outlined five critical levers for gas development, especially as Nigeria moves to leverage its abundant gas resources for national growth, diversification of the economy and to use gas as the fuel for economic transformation. According to him, the levers include availability, accessibility, a...