I Will Lead The Country At This Critical Time, Says Theresa May

Hamilton Nwosa
Writer

Ad

Unknown Facts About Olufemi Oluyede, Waidi Shaibu, Other New Security Chiefs

By Abiola Olawale ​President Bola Tinubu's recent shake-up of the security architecture, which saw the appointment of General Olufemi Oluyede as the new Chief of Defence Staff (CDS) and Major-General Waidi Shaibu as the Chief of Army Staff (COAS), has dominated headlines. While their appointments signal a major shift in the nation's security strategy, many…

Tinubu Hails Nigeria’s Exit from FATF Grey List

By Abiola Olawale President Bola Ahmed Tinubu has hailed Nigeria’s formal removal from the Financial Action Task Force (FATF) list of jurisdictions under increased monitoring. This is as the President hailed the development as a "major milestone" and a "strategic victory" for the nation's financial integrity. ​The New Diplomat reports that FATF, a global financial…

Trump’s Sanctions Light a Fire Under Oil Prices

Oil markets roared back to life after Trump’s sanctions on Russia’s top oil producers sent prices surging. Trump’s sanctions on Russia’s top oil firms have cut short the past weeks’ downward pricing movement, with stories of record high crude on water, flattening backwardation curves and weakening Chinese SPR purchases now all put on the back…

Ad

Theresa May has pledged to form a government that can “provide certainty and lead Britain forward at this critical time”.

Facing down calls to stand down by Labour and the Lib Dems, a defiant Mrs May said only the Conservatives and DUP have “the legitimacy and ability to provide that certainty by commanding a majority in the House of Commons” having secured the largest number of votes and the greatest number of seats in the General Election.

She and her team have spent the last several hours trying to produce a small working majority in coalition with the Democratic Unionist Party.

DUP MPs are meeting to discuss the situation and the party has said it “will act in the interests of the whole of the United Kingdom”, according to Sky sources.

A DUP MP earlier told Sky’s senior political correspondent Beth Rigby: “we would consider a supply and confidence arrangement to make sure Theresa May has sufficient support to keep her in government”.

In return for shoring up the Tory majority the party would want considerably more resources for Northern Ireland, more influence and involvement in trade deals, he added.

A formal agreement is yet to be reached.

Britain has a hung parliament after the Conservatives lost their majority on an extraordinary night.

The Tories remain the biggest party with 318 seats so far and Labour currently have 261 – with 326 required for a majority and just one seat left to be called.

Labour leader Jeremy Corbyn has called on Mrs May to resign, declaring he is “ready to serve the country” after her snap General Election gamble spectacularly backfired – and a much better than expected poll for his party.

However, he has refused to be drawn on whether he would form a minority government.

More follows…

Ad

X whatsapp