Business
‘Stop The Killing’
Golda Mabovitz was born in Kiev, Ukraine in
1898. Her parents emigrated with their family to the United States in 1906 where she attended school and teacher training college in Milwaukee. She joined the Labour Zionist Party in 1915, an early indication of her political interest.
In 191 7 she married Morris Myerson and later changed her married name to Meir.
As a qualified teacher she taught in local schools for several years, but in 1921 she and Morris went to live in Palestine, joining a kibbutz where they helped with farm work, before moving to Tel Aviv where Golda Meir worked as a treasurer in the Office of Public Works of the Histadruth (Trades Union Federation).
From 1928, as secretary of the Working Women’s Council in Palestine, she became its representative on the executive of the Histadruth. From the following year she acted as a delegate to congresses of the World Zionist Organisation and became increasingly involved with politics as a member of the executive of the Jewish National Council in Palestine.
In 1948 Golda Meir was appointed a member of the Provisional Government and became Israel’s Ambassador to the Soviet Union. She joined the Knesset in 1949, serving as Minister of Labour and National Insurance until 1956, when she became Foreign Minister, a post she held for ten years. In this period, she came to international prominence, continuing a close relationship with the United States, and also forging links with South America and the newly independent countries of Africa.
This was a difficult period for the young state of Israel. It featured armed struggles with nearby Arab countries, including the Six-Day War in June 1967 when Israel attacked Egypt, Syria and Jordan, gaining much territory, including East Jerusalem, the West Bank, Sinai and the Golan Heights, and causing simmering Arab resentment.
Golda Meir finally become Prime Minister in March 1969, at the age of 71. In a famous address to the Knesset in May the following year, she offered to extend the hand of peace to Israel’s Arab neighbours but also voiced her fears about their aggressive intentions, warning in particular of Egypt’s military relationship with the Soviet Union.
Sadly, her worst fears were to come true with the outbreak of the Yom Kippur War on 6 October 1973, when Egypt and Syria combined forces against Israel. Meir and her Labour Party won the election of December 1973 but in 1974 she resigned, in the aftermath of the war .
… In recent months, and in the past weeks especially, the security situation worsened seriously on the southern front in particular, and the harmful effect that is felt on the other fronts also.
The main feature of this escalation and tension is an advanced and dangerous stage of Soviet involvement in Egypt, at the beck and call of Egyptian aggressive and infractions of the ceasefire. There is no precedent for this involvement in the history of Soviet penetration into the Middle East, and it is encouraging Egypt in its plan to renew the war of attrition and so move further along the path of its vaulting ambition to vanquish Israel. …
The Israel Defence Forces have punished this vainglorious aggression. I shall retell the tale of their courage and resource: the digging in, the daring operation of the Air Force, the power of the armour. Aggression has been repelled, the enemy’s timetable upset and the pressure on our front line eased by our strike at vital enemy military targets along the Canal and far behind it and confouncding his plans for all-out war. True, to our great sorrow, we have suffered losses in killed and wounded, but our vigorous self-defence has thwarted Egypt’s scheming and stultified its endeavours to wear us down and shake our southern front.
‘No small nation, no minor nation, can any longer dwell in safety within its frontiers.’
Thus bankrupt, the Cairo regime had only the choice between accepting Israel’s constant call to return to reciprocal observance of the ceasefire, as a stepping-stone to peace, or leaning more heavily still on the Soviet Union to the point asking it to become operationally involved, so that Egypt might carryon the, of attrition, notwithstanding the unpleasant repercussions of that involvement Egypt chose the second course .
… We have informed Governments of the ominous significance of this new phase in Soviet involvement. We have explained that a situation has developed which ought to perturb not only Israel, but every state in the free world. The lesson of Czechoslovakia must not be forgotten. If the free world – and particularly the United States, its leader can pass on to the next item on its agenda without any effort to deter the Soviet Union from selfishly involving itself so largely in a quarrel with which it has no concern, then it is not Israel alone that is imperilled, but no small nation, no minor nation, can any longer dwell in safety within its frontiers.
‘The aspiration to peace IS … the cornerstone of our pioneering life and labour.’
… Three years after the Six-Day War, we can affirm that two fundamental principles have become a permanent part of the international consciousness:
Israel’s right to stand fast on the ceasefire lines, not budging until the conclusion of peace that will fix secure and recognised boundaries; and its right to self-defence and to acquire the equipment essential to defence and deterrence. … The aspiration to peace is not only the central plank in our platform, it is the cornerstone of our pioneering life and labour. Ever since renewal of independence, we have based all our undertakings of settlement and creativity on the fundamental credo that we did not come to dispossess the Arabs of the land but to work together with them in peace and prosperity, for the good of all.
… We have not wearied of reiterating, day in, day out, our preparedness for peace: we have not abandoned hopes of finding a way into the hearts of our neighbours, though they yet dismiss our appeals with open animosity.
Today again, as the guns thunder, I address myself to our neighbours: Stop the killing, end the fire and bloodshed which bring tribulation and torment to all the peoples of the region! End rejection of the ceasefire, end bombardment and raids, end terror and sabotage!
To attain peace, I am ready to go at any hour to any place, to meet any authorised leader of any Arab state – to conduct negotiations with mutual respect, in parity and without pre-conditions, and with a clear recognition that the problems under controversy can be solved. For there is room to fulfil the national aspirations of all the Arab states and of Israel as well in the Middle East, and progress, development and cooperation can be hastened among all its nations, in place of barren bloodshed and war without end.
Business in Nigeria remain under pressure as a result of insecurity and erratic power supply which continue to stifle productivity in the country.
This is even as new data from the Central Bank of Nigeria (CBN) indicate sustained improvements in economic activity.
This was the response of businesses in the CBN’s October 2025 Business Expectations Survey (BES) and the Purchasing Managers’ Index (PMI) report.
While the PMI showed that economic activity expanded for the 11th consecutive month, the BES revealed that businesses are still grappling with crippling operational constraints that threaten to reverse recent macroeconomic gains.
According to the BES conducted between October 6 and 10, firms identified insecurity (71.8 points) as the most critical challenge affecting operations nationwide. This was closely followed by insufficient power supply (70.9 points), multiple taxation (70.2 points), high interest rates (68.4 points) and financial constraints (65.6 points). Analysts say these constraints underscore the depth of structural weaknesses confronting Nigeria’s private sector.
Despite these challenges, the survey reported a rise in business optimism. The Business Confidence Index increased to 38.5 points in October from 31.5 in September. Firms also projected confidence levels to reach 45.6 points in November, with expectations of further improvement over the next three to six months.
However, sector analysts warn that the optimism remains fragile due to the lack of significant improvements in the operating environment.
The BES further showed a modest rise in capacity utilisation from 60.4% in September to 62.0% in October, suggesting that businesses have yet to deploy their productive capacity amid ongoing disruptions fully.
In contrast to the structural constraints highlighted in the BES, the PMI report indicated strengthening economic momentum. The composite PMI rose to 55.4 points, reflecting expansion across major components such as output, new orders, employment, inventories, and supplier delivery times.
A sectoral breakdown showed that the agriculture sector recorded the most substantial improvement, with its PMI climbing to 57.5 points, marking 15 consecutive months of expansion. The services sector also expanded for the ninth straight month to 55.6 points, while the industry sector rose to 54.2 points, the highest in more than a year.
The CBN attributed the positive trends to improvements in the broader macroeconomic landscape, including declining inflation, which eased from 24.5% in January to 18.0% in September, and the year-to-date appreciation of the naira across both official and parallel markets.
The BES showed that the North-East posted the highest business confidence at 56.1 points, while the South-South recorded the lowest at 23.3 points, a trend linked to declining activity in oil-producing communities.
The Federal Government will on Tuesday, November 25, officially unveil a strategic programme for a free nationwide training of over 100,000 youth on financial literacy.
The Federal Ministry of Youth Development will launch the programme in collaboration with Investonaire Academy. Tagged, the “Financial Literacy, Investment, and Wealth Creation programme.”
The flagship initiative is designed to equip young Nigerians with essential financial skills, investment knowledge, and digital competencies for sustainable wealth creation.
A statement signed by the Director, Press and Public Relations, Federal Ministry of Youth Development, Omolara Esan, and made available to newsmen, confirmed that the launch of the programme, to be held in Abuja, would promote nationwide participation.
It added that the launch would bring together senior government officials, development partners, private sector leaders, and youth representatives to explore innovative approaches for improving financial capability and strengthening the economic prospects of young Nigerians.
Minister of Youth Development, Comrade Ayodele Olawande, would serve as the chief host, while the Minister of Women Affairs, Hajiya Imaan Sulaiman-Ibrahim, would grace the event as the Special Guest of Honour.
Also expected are representatives of key government institutions and private sector partners, including Dr Enefola Odiba, International Programme Director, Investonaire Academy, and Mr. Bashir Nurmohamed, Chief Executive Officer, Hantec Markets
The statement reads, “A major highlight of the event will be the unveiling of a free national financial literacy training programme targeting over 100,000 youths annually. The programme will be powered by a state-of-the-art Learning Management System (LMS) designed to enhance financial intelligence, investment capacity, and entrepreneurial readiness among Nigerian youth.
Lady Godknows Ogbulu
The chairman of the United Bank for Africa, Tony Elumelu, says Nigeria’s economic transformation will be driven by entrepreneurs, not government handouts or foreign assistance.
Elumelu, who spoke at the Grow Nigeria Conference 2.0 and themed ‘Empowering Nigeria’s Entrepreneurs: Building Institutions That Last’, in Lagos, Monday, said the nation’s future is already being shaped by business owners who refuse to settle for mediocrity.
Elumelu, who is also the founder of the Tony Elumelu Foundation, described Nigeria as an entrepreneurial nation but stressed the need to build institutions that can stand the test of time.
“Starting businesses is good. Sustaining them is critical, and that’s how we transform this economy,” he said.
He noted that many promising ideas fail because the systems and support structures necessary for growth are absent.
According to him, Nigeria’s renewal must come from the private sector, backed by strong governance frameworks and proper succession planning.
“Nigeria will not be built by government handouts or foreign aid. Government’s role is critical, but Nigeria will be built by entrepreneurs — by you, building businesses that create jobs, hope, and prosperity from the ground up,” he said.
Elumelu, however, emphasized that entrepreneurs cannot succeed in isolation.
“You need frameworks — clear governance, succession planning, and relentless focus on value. We need the right environment. We need a Nigeria where policies are predictable, infrastructure works, and financing is truly accessible,” he said.
He called for stronger alignment between public and private sector efforts, warning that progress would remain limited if institutions work independently rather than collaboratively.
Elumelu commended the Director-General of the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Charles Odii, for ongoing reforms within the agency.
He further lauded President Bola Tinubu for appointing young Nigerians to lead key institutions and for prioritizing youth entrepreneurship.
“Let us cut the bureaucracy. Make finance and opportunity real, not theoretical. Let’s help Nigeria’s entrepreneurs move from surviving to winning.
“Every job we create fights insecurity. Every thriving business increases our tax base and accelerates prosperity for all,” Elumelu added.
-
Politics4 days agoAhead Kefa’s Defection, 16 Taraba PDP Lawmakers Join APC
-
News3 days ago
UNICEF Condemns Kebbi Students’ Abduction, Urges Stronger Security
-
Education5 days agoTest
-
Business4 days agoWe Can No Longer Depend On Volatile Oil Revenues Or Foreign Loans – FIRS
-
News20 hours agoMAN Tasks Rivers, Bayelsa On Blue Economy
-
News4 days agoJAMB Conducts CBT Promotion Exams For 6,000 Directors
-
Sports4 days ago
Hoopers Ready For NPBL Title Defence – Captain
-
Politics4 days ago
Eno Sacks Aides Who Attended PDP Convention