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Japan’s Prime Minister Shigeru Ishiba resigns after election defeats

Japan’s Prime Minister Shigeru Ishiba has announced he is stepping down after less than a year in the role, following two major election losses.

The move comes a day before his Liberal Democratic Party (LDP) was expected to vote on whether to hold an internal leadership vote that could have forced him out.

The LDP has governed Japan for most of the past seven decades, but under Ishiba it lost its majority in the lower house for the first time in 15 years and then lost its majority in the upper house in July.

Japan, the world’s fourth-largest economy and a key US ally, now faces a period of political uncertainty as tensions rise with China and regional insecurity mounts.

“Now that a conclusion has been reached in the negotiations concerning the US tariff measures, I believe this is precisely the appropriate time,” Ishiba said, referring to a deal signed last week to ease tariffs imposed by US President Donald Trump on Japanese cars and other exports.

Until Sunday, he had resisted calls to resign, saying it was his responsibility to settle the dispute with Washington before stepping down.

“I have strongly believed that negotiations concerning the US tariff measures, which could be described as a national crisis, must be brought to a conclusion under our administration’s responsibility,” he said.

The 68-year-old said he would continue his responsibilities “to the people” until a successor was selected.

The LDP will now choose a new leader, who will become prime minister following a vote in parliament.

Ishiba, who took office in October 2024 promising to tackle rising prices, struggled to inspire confidence as the country faced economic headwinds, a cost-of-living crisis and fractious politics with the US.

Inflation, particularly the doubling of rice prices in the past year, was politically damaging.

Public support further slid after a series of controversies, including criticism of his decision to appoint only two women to his cabinet and handing out expensive gifts to party members. (BBC)

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Tinubu returns after Japan, Brazil trips

President Bola Ahmed Tinubu returned to Abuja around 1:20am on Thursday after concluding a three-day state visit to Brazil that yielded a raft of bilateral agreements and high-level engagements aimed at deepening Nigeria’s economic and diplomatic ties with South America’s largest economy.

The President, who arrived aboard the presidential jet, was received at the Presidential Wing of the Nnamdi Azikiwe International Airport by a high-powered delegation of political leaders and senior government officials.

Among those present were Governors Caleb Mutfwang (Plateau); Uba Sani (Kaduna); Hope Uzodinma (Imo) and AbdulRahman AbdulRazaq (Kwara).

Also on hand to welcome the President were Speaker of the House of Representatives, Tajudeen Abbas; Deputy Senate President, Barau Jibrin; Chief of Staff to the President, Femi Gbajabiamila; National Security Adviser, Nuhu Ribadu; and some Ministers, including Nyesom Wike (FCT); Abubakar Atiku Bagudu (Budget and Economic Planning) and Bello Matawalle (Defence, State).

President Tinubu’s visit to Brazil was marked by the signing of five Memoranda of Understanding (MoUs) covering aviation, trade, science, diplomacy, and finance. 

At a joint press conference in Brasília, he welcomed the imminent return of Petrobras, Brazil’s state-owned oil giant, to Nigeria—five years after it halted its joint ventures. 

“We have the largest gas repository. So I don’t see why Petrobras doesn’t join as a partner in Nigeria as soon as possible. I appreciate President Lula’s promise that this will be done,” he said.

The agreements also included a Bilateral Air Services Agreement, paving the way for direct flights between Lagos and São Paulo, to be operated by Air Peace. 

Other MoUs targeted political consultations, scientific collaboration, and agricultural financing through Nigeria’s Bank of Agriculture and Brazil’s National Bank for Economic and Social Development.

Beyond the MoUs, President Tinubu underscored his administration’s economic reforms, assuring Brazilian investors of a stable, transparent financial climate. 

He cited Nigeria’s capital market growth as evidence of renewed investor confidence and pledged continued reforms to “unlock capital, protect investors, and drive innovation.”

In a meeting with Nigerians in Brazil, Tinubu called on the diaspora to contribute actively to nation-building, pledging technology-driven development and food security as the pillars of a prosperous future. 

“We must bring Nigeria to the forefront of Africa’s progress, driven by technology, food sovereignty, and the courage to change our destiny,” he told the gathering.

The visit, which featured red-carpet honours, bilateral meetings with President Luiz Inácio Lula da Silva, and cultural engagements, signalled what both leaders described as a new era in Nigeria–Brazil relations.

Tinubu’s state visit to Brazil was preceded by his participation at the recently concluded ninth edition of the Tokyo International Conference on African Development (TICAD9). (Nation)

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We have reversed medical tourism – Tinubu

President Bola Tinubu has called on Nigerians in the Diaspora to contribute their expertise and resources to consolidating national development and building a stronger and more prosperous country.

The President said the government has also reversed the trend of medical tourism by upgrading healthcare infrastructure and expanding access to quality services at home.

President Tinubu spoke on Thursday at Kahala Hotel and Resort, Yokohama, Japan, during an interactive meeting with select members of the Nigerian community on the sidelines of the ongoing Tokyo International Conference on African Development (TICAD9).

The meeting, which brought together professionals and entrepreneurs across various fields, allowed the President to share his administration’s achievements and assure them of his commitment to drive economic growth.

President Tinubu according to a statement by his spokesman, Bayo Onanuga, expressed delight at meeting those he described as a vibrant representation of Nigeria’s diversity, assuring the Diaspora community that his government is determined to make the country conducive for all citizens.

The statement partly read: “The President invited the Minister of State for Industry, Senator John Enoh, and the executive vice chairman of NASENI, Khalil Suleiman Halilu, to speak on the government’s programmes and achievements. Wale Tinubu, the President’s nephew, provided insight into how the government’s reforms have impacted the economy positively by making businesses more competitive, attracting investment, and expanding the stock market.

“President Tinubu said Nigeria is on the rise again under his leadership. He reiterated that leadership is about “thinking and doing” — blending visionary ideas with practical actions to drive stability, unity, and growth.”

He noted significant improvements in passport issuance, making the process seamless for residents and the Diaspora. He reaffirmed his administration’s priority to create an environment where every Nigerian can feel the positive impact of change.

“I am happy to listen to you. I’m happy to report that many of our people are returning home. Yes, for economic reasons, some people might decide to stay away; it’s a fundamental right of the individual, but for the economic growth and opportunity available in Nigeria, don’t stay away. Your contribution is very much needed. If you stay away, who will build it?” the President asked.

President Tinubu stressed that national development cannot be left to the government alone; it requires a shared sense of responsibility between citizens at home and those abroad.

He urged the Diaspora community to remain ambassadors of the country by projecting Nigeria positively in their engagements abroad.

“If we don’t join hands and work together, then we’ve lost the hope of being the leaders we are supposed to be,” he cautioned.

He reminded his audience that the strength of citizenship is not only in holding a Nigerian passport but in character and commitment to the nation’s progress.

According to him, negative portrayals of Nigeria do little to advance the cause of development and discourage the investment and partnerships the country needs.

Regarding the economy, Tinubu assured that his administration has stabilised key fundamentals and is driving reforms to unlock immense opportunities for investment and job creation.

“He said the government has also reversed the trend of medical tourism by upgrading healthcare infrastructure and expanding access to quality services at home,” the statement added.

Some of the Nigerians in Japan expressed their satisfaction with the pace of the government’s reforms, affirming their support. They also pledged to explore avenues for greater involvement in Nigeria’s economic and social transformation.

Mr. Emeka Ebogota, President of the Nigerian Union in Japan, thanked President Tinubu for finding time to meet with them. He affirmed his members’ support for the administration’s efforts to reposition Nigeria.

Other notable attendees included John Ologbotsere, a Japanese national award winner for electrotechnical standardisation; Mr. Kingsley Kabuyashi, entrepreneur and investor; and businesspeople, doctors, and students.

Also present were the Minister of Foreign Affairs, Ambassador Yusuf Tuggar; Charge d’Affaires, Mrs. Florence Akinyemi Adeseke; Minister of Solid Minerals, Dele Alake; Minister of Regional Development, Abubakar Momoh; Minister of Science and Technology, Uche Nnaji; Minister of Budget, Atiku Bagudu; Minister of State for Finance, Doris Uzoka-Anite; the Director-General of the National Intelligence Agency, Ambassador Mohammed; senior government officials, and top private sector leaders. (Vanguard)

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Tinubu departs Japan for Brazil after TICAD9 engagements

President Bola Tinubu departed Yokohama, Japan, on Thursday night for Brazil, where he is scheduled to commence a state visit on August 24, according to a statement issued by the Special Adviser to the President on Information and Strategy, Bayo Onanuga.

Onanuga, in a release dated August 22, 2025, said the President will make a stopover in Los Angeles before continuing to Brasilia, the Brazilian capital.

“President Tinubu will continue his diplomatic engagements in Brazil after successfully attending the ninth Tokyo International Conference for African Development (TICAD9),” the statement read.

The President embarked on his two-nation tour on August 15, leaving Abuja with a brief stopover in Dubai, UAE, before arriving in Yokohama on August 18.

During his stay in Japan, Tinubu participated in the opening ceremony and plenary of TICAD9 on August 20 and held bilateral meetings with key partners.

The visit culminated in an interactive session with Nigerians in the diaspora on Thursday night.

“The engagements have been productive, and the President is now set to build on these discussions with strategic cooperation in Brazil,” Onanuga added.

Tinubu arrived in Tokyo, Japan, in the early hours of August 20 for a series of official engagements at the Ninth Tokyo International Conference on African Development (TICAD9) in Yokohama, held from August 20 to 22.

The conference, co-hosted by Japan, the United Nations, UNDP, the African Union Commission, and the World Bank, focused on Africa’s economic transformation, private investment, innovation, and creating a resilient and sustainable society.

Tinubu held bilateral meetings and engaged with Japanese companies investing in Nigeria before departing for Brazil. (Punch)

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Japan’s population falls by 908,574 in record low

The population of Japanese nationals fell by a record amount—more than 900,000 people—in 2024, official data showed, as the country battles to reverse its perennially low birth rates.

While many developed countries are struggling with low birth rates, the problem is particularly acute in Japan, where the population has been declining for years.

Prime Minister Shigeru Ishiba has called the situation a “quiet emergency,” pledging family-friendly measures like more flexible working hours and free day care to try and reverse the trend.

Last year, the number of Japanese fell by 908,574, or 0.75 per cent, to 120.65 million.

The decline—for a 16th straight year—was the largest drop since the survey began in 1968, the internal affairs ministry said Wednesday.

Foreign resident totals, however, were at their highest since records began in 2013.

There were 3.67 million foreigners as of January 1, 2025, representing nearly three per cent of the whole population in Japan, which was more than 124.3 million as of that date.

The overall population of the country declined by 0.44 per cent in 2023.

The latest figures come as the government struggles to raise stubbornly low birth rates, while frustration over inflation and other concerns among some voters prompted the rise of a new opposition party with a slogan of “Japanese First”.

The anti-immigrant party has falsely claimed foreigners enjoy more welfare benefits than Japanese nationals.

Foreign nationals are helping address labour shortages exacerbated by the ageing population, and most commonly hold jobs in the manufacturing, hospitality, and retail sectors.

By age, Japanese nationals aged 65 and over accounted for nearly 30 per cent of the population, while the age group between 15 and 64 made up 60 per cent, both minor increases from the previous year.

Japan has the world’s second-oldest population after tiny Monaco, according to the World Bank.

The number of births in Japan last year fell below 700,000 for the first time on record, health ministry data released in June said.

The fast-ageing nation welcomed 686,061 newborns in 2024—41,227 fewer than in 2023, the data showed. It was the lowest figure since records began in 1899.

The shrinking population is also gutting rural communities, with the number of abandoned homes in Japan soaring to almost four million over the last two decades, government data released last year showed.

Many of the homes belong to people living in major cities who have inherited them from relatives and who are unable or unwilling to keep them renovated.

The world’s oldest person, Japanese woman Tomiko Itooka, died at the age of 116 in December.

Women typically enjoy longevity in Japan, but the expanding elderly population is leading to soaring medical and welfare costs, with a shrinking labour force to pay for it. (Punch)

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Trump to slap allies Japan, South Korea with 25% tariffs

President Donald Trump announced tariffs of 25 per cent on Japan and South Korea on Monday, stepping up pressure on the two key US allies and a dozen other economies to reach trade deals with Washington.

Trump issued similar letters to South Africa, Malaysia, Myanmar, Laos and Kazakhstan, saying he would slap duties on their products ranging from 25 per cent to 40 per cent.

The president had said at the weekend that, starting from Monday, he would send a first batch of letters to countries informing them that he would reimpose harsh levies earlier postponed in April.

In near-identically worded letters to Japanese and South Korean leaders, Trump said the tariff hikes came as their trading relationships with Washington were “unfortunately, far from Reciprocal.”

The tariffs set out in Trump’s latest letters are due to take effect on August 1. He warned of further escalation if the countries involved retaliated against the duties.

Currently, the affected countries have been hit with a 10 per cent levy Trump imposed on almost all trading partners.

But Trump said he was ready to lower the new levels if countries changed their trade policies: “We will, perhaps, consider an adjustment to this letter.”

Japan’s Prime Minister Shigeru Ishiba said Sunday that he “won’t easily compromise” in trade talks with Washington.

White House Press Secretary Karoline Leavitt told reporters Monday that Trump would sign an order later in the day to delay his original July 9 deadline for steeper tariffs to take effect – postponing their imposition to August 1.

She added that besides Japan and South Korea, there would be approximately 12 other partners receiving letters from Trump soon.

With the deadline extension, Leavitt noted that Trump would set out the “reciprocal tariff rate” for partners in the coming month as negotiations continue.

Trump originally announced sweeping tariffs on world economies on what he called “Liberation Day” on April 2, claiming the United States was being “ripped off.”

Amid market turmoil, he then suspended the initial tariffs for 90 days, a deadline that would have expired Wednesday without the latest extension.

While the Trump administration had signalled hopes of striking dozens of deals by July – at one point boasting of “90 deals in 90 days”- there have been limited results so far.

Washington has unveiled pacts with only Britain and Vietnam, while the United States and China agreed to temporarily lower tariff levels on each other’s products that earlier reached three digits. (Punch)