Connect with us

Business

Cameron Prepares New EU Policy After Lisbon Treaty Decision

Published

on

David Cameron yesterday began to outline his new Europe policy following a decision from the Czech constitutional court that is likely to lead to the Lisbon treaty being implemented throughout the European Union within days.
The Conservative leader said he was “very disappointed” by the Czech court decision.
He also implied that, if the treaty does come into force, the Tories will drop their proposal to put it to a referendum. He said he would announce details of his new policy “probably later this week”.
All EU countries apart from the Czech Republic have already ratified the Lisbon treaty and the only person stopping it coming into force has been the Eurosceptic Czech president, Václav Klaus, who said he would not sign while the treaty was still being challenged in the Prague courts.
But this morning the Czech constitutional court dismissed objections lodged by a group of Czech senators who claimed the treaty launches a European superstate and is incompatible with the Czech constitution.
Klaus did not issue an immediate response, but he has previously said that he would not continue to oppose the treaty if it won the approval of the constitutional court and he is now expected to sign the treaty shortly.
In an interview on LBC yesterday , Cameron said he was “disappointed” by the Czech court’s decision.
“I hope, of course, [Klaus] doesn’t sign the treaty but I suspect time is running out,” the Conservative leader said.
Tory Eurosceptics have been alarmed at reports that the party may sidestep its pledge to hold a referendum if the Czech Republic agrees to ratify Lisbon. But Cameron told LBC that he would be entitled to drop his referendum pledge after ratification because the treaty would cease to exist and instead be part of European law.
“I believe we should have a referendum, and we’ve campaigned for it, we’ve fought for it, we’ve put it up front and centre at election campaign after election campaign, we’ve challenged the prime minister about his broken promise in the Commons, we’ve tried to persuade other European countries not to sign the treaty, because we think the British people should be allowed a referendum,” Cameron said.
“But if the treaty is signed, if it is implemented, if it is put in place by all 27 countries, then clearly the situation will have changed and we’ll have to address that changed situation. It won’t be a treaty any more; it will be part of European law.”
Cameron added: “If this treaty becomes law, it becomes law along with all the other treaties that have been passed into European law and we’ll have to explain what a Conservative government would do to try and make sure that Britain had her rights protected and defended properly.”
Cameron said that he would announce his next step “later this week”, although the influential Tory website ConservativeHome said that Cameron ought to respond yesterday to prevent a backlash from Eurosceptics gaining momentum.
There have been reports that Cameron would promise that a Conservative government would change the law to ensure that any new EU treaty needed to be approved by a referendum.
Gordon Brown said today that he hoped that the Lisbon treaty would be ratified by the Czechs “very soon” in the light of yesterday ’s court decision.
Brown also said that he hoped ratification would allow the EU to stop arguing about constitutional issues and to instead focus on issues such as employment, growth and security.
“I hope that we can set aside years of constitutional and institutional debate and years of having to deal with institutional issues and that we can move forward and deal with the main issues that the European Union must now face,” Brown said.
The treaty will streamline EU decision-making procedures and create the post of EU president, which Brown wants to go to Tony Blair.
Yesterday Chris Bryant, the Europe minister, told BBC News that Cameron would be “fibbing” if he promised to renegotiate Britain’s relationship with the EU because there was no support from other EU countries for a move of this kind.
“One cast-iron guarantee has already rusted,” said Bryant, referring to Cameron’s promise to hold a referendum. “Any other guarantee that he issues this week won’t be worth the paper it’s written on.”

Continue Reading

Business

Boat Mishap Kills Pastor, Wife And Church Members  In Brass Water

Published

on

A boat accident in Bayelsa state has killed a serving Pastor, Wife and other church members along Brass waterways
The sad incident happened at Odioama in Brass local government area of Bayelsa State when the Pastor, wife and  members of his church were in a programme.
?
?Tide confirmed that the lifeless body of the Pastor’s wife has been found and deposited in a mortuary while the remains of her husband ,the Pastor is yet  to be recovered
as search party are still ongoing.
Although the real cause of the boat Mishap is not yet known as at the time of this report,  our Correspondent gathered  that the identities of the Pastor, wife and church members were not disclosed to the public.
The mishap, Tide gathered occurred on Friday morning when the church members were on a boat transit
The Bayelsa State government and the state police command are yet to issue official statement’s  on the sad accident
By: CHINEDU WOSU
Continue Reading

Business

Rivers Workers Seek Scrapping Of Contributory Pension Scheme

Published

on

The Rivers State Council of  Nigeria Civil Service Union has called on the State Government to urgently scrap the contributory pension scheme, describing it as unfavourable to long-serving civil servants in the state.
Chairman of the union, Chukwuka Osuma, said this in an interview with newsmen in Port Harcourt,  recently.
Osuma said the current pension structure has continued to worsen post-retirement hardship for workers.
He noted that  the contributory pension scheme had failed to provide adequate retirement security for workers who had spent many years in service, especially those approaching retirement age.
According to him, civil servants who had served for more than 20 years were among the worst affected under the scheme, insisting that many retirees could no longer cope with prevailing economic realities.
He also  informed that the Union has made moves to showcase their concerns, pleading with Governor Siminalayi Fubara to abolish the pension policy and introduce a more favourable arrangement for affected workers.
“The union was not opposed to pension reforms, the contributory scheme should only apply to newly employed workers or those with fewer years in service”, he said.
Osuma explained that workers who had already spent decades in the civil service ought to remain under a more secure pension structure capable of guaranteeing stability after retirement.
The labour leader further noted that inflation and the rising cost of living had continued to erode the value of retirement savings, thereby increasing the suffering of pensioners across the country.
He also appealed to the state government to consider extending the years of service in the civil service from 35 to 40 years and the retirement age from 60 to 65 years.
Osuma argued that such adjustment had become necessary in view of present-day economic realities and changing conditions in the workplace.
The unionist also reviewed that similar policies had already been adopted in some sectors and jurisdictions, expressing optimism that the State could also implement the reforms for the benefit of workers.
He however, commended Governor Fubara for approving an N85,000 minimum wage for workers in the state, noting that the amount was above the national benchmark of N70,000.
Osuma also acknowledged the government’s efforts in the area of workers’ promotions and bonuses, but insisted that pension reforms and extension of years of service remained critical to the long-term welfare and stability of civil servants in Rivers State.
By: King Onunwor
Continue Reading

Business

FG Begins South-West Tour To Promote New Cooperative Bank

Published

on

The Federal Government has launched the South-West zonal engagement and ministerial advocacy tour on the Cooperative Bank of Nigeria share capital mobilisation, sensitisation and cooperative sector digitalisation.
 Reports say the initiative was launched through the Federal Ministry of Agriculture and Food Security.
According to reports, the advocacy tour, organised by the ministry’s Federal Department of Cooperatives, began on Monday in Lagos.
Speaking at the event, the Minister of State for Agriculture and Food Security and Supervising Minister of Cooperative Affairs, Dr Aliyu Abdullahi, said the initiative was part of President Bola Ahmed Tinubu’s Renewed Hope Agenda.
Abdullahi described the exercise as a strategic effort to reposition the cooperative sector as a key driver of inclusive economic growth, financial inclusion, enterprise development, food security and national prosperity.
“Today represents a defining moment in our collective determination to reposition the cooperative sector as a major driver of inclusive economic growth, financial inclusion, enterprise development, food security and national prosperity,” he said.
The minister noted  the modern cooperative movement in Nigeria originated in the South-West following the 1934 Strickland Report, which led to the enactment of the Cooperative Societies Ordinance of 1935.
According to him, the decision to commence the sensitisation and share capital mobilisation tour in the region is symbolic, as it marks a return to the roots of cooperative development in the country.
Abdullahi said the advocacy tour was a direct outcome of resolutions reached at the 8th Regular Meeting of the National Council on Cooperative Affairs held in Abuja in March 2026.
He said the council approved the Renewed Hope Cooperative Reform and Revamp Programme, a comprehensive framework designed to strengthen the cooperative sector and align it with the administration’s goal of building a one-trillion-dollar economy.
“The reform programme focuses on seven strategic pillars, including governance reforms, cooperative financing and the establishment of the Cooperative Bank of Nigeria, digitalisation, capacity building, value chain development, inclusion of youths, women and persons with disabilities, and strategic partnerships,” he said.
He said the establishment of the Cooperative Bank of Nigeria and the digitalisation of the cooperative sector were the two major transformational initiatives under the programme.
“The Cooperative Bank of Nigeria is aimed at rebuilding a strong cooperative financial system capable of supporting cooperators, farmers, artisans, traders, SMEs, youths, women and persons with disabilities with accessible and affordable financial services,” he said.
Abdullahi emphasised that the proposed bank would be government-enabled but not government-funded.
“Government is not establishing the bank as an owner, nor will it rely on Treasury Single Account funds.
“The role of government through the FMAFS is to provide policy support, stakeholder coordination, regulatory facilitation and an enabling environment under the Renewed Hope Cooperative Reform and Revamp Programme,” he said.
Also speaking, the Lagos State Commissioner for Commerce, Cooperatives, Trade and Investment, Mrs Folashade Ambrose-Medebem, reaffirmed the state government’s commitment to cooperative sector transformation.
She described cooperatives as critical tools for promoting inclusive growth, grassroots productivity, food security, financial inclusion and community wealth creation.
Ambrose-Medebem said Lagos State would continue to support reforms and collaborate with stakeholders to ensure the successful implementation of the Renewed Hope Cooperative Reform and Revamp Programme (2025–2030).
“Together, let us build a cooperative ecosystem that is modern, transparent, digitally enabled, financially inclusive and globally competitive.
“Let us build cooperatives that not only mobilise savings, but also mobilise prosperity,” she said.
Continue Reading

Trending