Trump’s Tariffs: US GDP Shrinks to 0.3% From 2.4 per cent in Q1, Dow Tumbles 400 Points Trump blames Biden for weak economic growth
Emmanuel Addeh in Abuja The US economy contracted for the
first time in three years in the first quarter of 2025, swamped by a flood of imports as businesses raced to avoid
higher costs from tariffs, underscoring the disruptive nature of President Donald Trump’s chaotic trade policy.
European markets cut losses, close higher
Trump’s tariffs have continued to roil financial markets and upend global trading patterns, disrupting measures
of economic growth as well. US Gross Domestic Product (GDP) adjusted for inflation, declined at an
0.3 per cent annual rate in the first Continued on page 40
May Day: Akpabio, Atiku Hail Nigerian Workers, Say They Are Engine Propelling the Nation... Page 43 Thursday 1 May, 2025 Vol 30. No 10980. Price: N400
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Tinubu, Obasanjo, Jonathan, Atiku, Obi, Dangote, Adesina, Others Extol Late Adebanjo Wale Igbintade
Back Row (L-R): Dr. Kayode Fayemi, Obong Victor Attah, Mr. Peter Obi, Mrs. Olufunso Amosun, Senator Ibikunle Amosun, Mrs. Bamidele Abiodun, Aremo Segun Osoba, Alhaji Rauf Aregbesola, Otunba Niyi Adebayo, Senator Gbenga Daniel; and Aminu Tambuwal. Front Row (L-R): Children of the deceased – Mr. Linus Lorinaer, Mr. Abiodun Azeez, Mrs. Adeola Azeez, Mr. Olusegun Ayo-Adebanjo, Mr. Obafemi AyoAdebanjo, Mrs. Ayotunde Ayo-Adebanjo, Mrs. Sunmbo Ayo-Adebanjo; and Dr. Sade Ayo-Adebanjo, during the Tributes and Service of Songs for the departed Leader of Afenifere, Chief Ayo Adebanjo
Prominent Nigerians including President Bola Tinubu, former Presidents Continued on page 40
Eno Alludes to Imminent Defection, Says PDP Will Soon Grind to a Halt Likens party to a faulty plane unfit to fly Baraje: Time to move on, defection over flogged Koshoedo assumes office as acting national secretary
Chuks Okocha in Abuja, Emma Okonji and Agnes Ekebuikein Lagos Akwa Ibom State Governor, Umo Eno, has hinted at his possible defection from the opposition Peoples Democratic Party (PDP). Although he did not specify which party he might likely join, he, however, likened the PDP to a spoilt plane no longer fit to take him to the next destination from 2027. Speaking against the backdrop of recent gale of defections from the PDP, the latest being the Delta State Governor, Sheriff Oborewori, who moved the ‘Whole of Delta’ to the All Progressives Congress (APC), Eno disclosed that the PDP was heavily fragmented and might soon grind to a halt. But a former chairman of the PDP, Alhaji Abubakar Kawu Baraje, has dismissed claims that the APC might have secured victory ahead Continued on page 40
REQUIEM MASS IN HONOUR OF LATE PASCAL DOZIE...
L-R: Children of the deceased – Mr. Chiekezie Dozie, Ifunanya Dozie, Chijioke Dozie, Kelechi Dozie, Aishetu Dozie, Mr. Ngozi Dozie, Adesua Dozie; and Mr. Uzoma Dozie, during the Requiem Mass in honour of Late Pascal Dozie, at the Catholic Church of Assumption, Falomo, Lagos, yesterday (see story on page 40)