Nigeria is incapacitated in the war against fake news, disinformation, and hate speech, currently ravaging the country. The Minister of Information and Culture, Alhaji Lai Mohammed, said this during the 2023 budget defence of his ministry and those of the relevant agencies under it, while appearing before the Senate Committee on Information. He admitted that the recent terror alerts raised in Nigeria by the United States of America, United Kingdom and others gave the country’s economy a devastating blow. The minister also appealed to the Senate Committee that his ministry requires adequate funding to fight fake news, disinformation and hate speech. He stated that the latest terror alert raised in Nigeria by the USA and UK was part of the fake news. He said: “If there is any ministry that should be adequately funded and not suffer from yearly budget cuts, it is the Information Ministry. “The ministry is even more incapacitated from discharging its basic functions of getting Nigerians informed at all times as regards position of government on burning issues through yearly budgetary cuts. However, the chairman of the committee, Senator Danladi Sankara, told the minister that the yearly budget cuts were not limited to the Information Ministry but all MDAs generally since the capital vote component of the federal budget itself dropped from ₦2.5 trillion to ₦1 trillion. Nevertheless, a member of the committee, Senator Ibrahim Abdullahi Danbaba, assured him that budgetary votes will be made available for the ministry on advocacy for the 2023 general election.

In its latest Commodity Markets Outlook report, the World Bank has said that the shrinking value of the Nigerian naira and currencies of most developing economies is driving up food and fuel prices in ways that could deepen the food and energy crises that many of them already face. Due to currency depreciations, almost 60 percent of oil-importing emerging markets and developing economies witnessed an increase in domestic-currency oil prices. Also, nearly 90 percent of these economies saw a larger increase in wheat prices in local-currency terms compared to the rise in U.S. dollars. It said elevated prices of energy commodities that served as inputs to agricultural production have been driving up food prices. During the first three quarters of 2022, studies by the World Bank Group showed that food-price inflation in South Asia averaged more than 20 percent. Food price inflation in other regions, including Latin America and the Caribbean, the Middle East and North Africa, Sub-Saharan Africa, and Eastern Europe and Central Asia, averaged between 12 and 15 percent.

The Independent Petroleum Marketers Association of Nigeria, (IPMAN) has threatened to withdraw its service in the Eastern part of the country, over the incessant increment of the price of petrol. The marketers, in a statement, blamed private depots for the hike in price. According to them, they were buying from depots at ₦185 per litre, noting that after adding other expenses, the price would increase to ₦200 per litre. The marketers regretted that even at ₦200 per litre, their businesses could not thrive considering the high cost of diesel to power the station and the exploitation from private tank depot owners and Nigeria Union of Petroleum and Natural Gas Workers (NUPENG). They implored the federal government to revive all NNPC depots within the Eastern zone to enable them get petrol at a regulated price. They also sought the intervention of the Nigerian Labour Congress in appealing to NUPENG to reduce the loading fee.

The United States of America has accused Rwanda of supporting rebellion in the eastern Democratic Republic of Congo (DRC), where rapid advances have led Kinshasa to expel the border country’s ambassador. During a visit to both countries in August, U.S. Secretary of State Antony Blinken warned of “credible” reports of Rwandan support for the “March 23 Movement” (M23), a former Tutsi rebellion. “State support for armed groups is unacceptable and we reiterate our concerns about Rwanda’s support for M23,” U.S. diplomatic spokesman Ned Price told reporters. “We encourage countries in the region to work together to restore peace, security, and respect while respecting each other’s sovereignty and territorial integrity,” he added.