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Crypto ban: We acted in Nigerians’ best interest – CBN

The Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele, says the Bank’s decision to prohibit deposit money banks, non-banking institutions, and other financial institutions from facilitating trading and dealings in cryptocurrency is in the best interest of Nigerian depositors and the country’s financial system. Mr Emefiele made the declaration on Tuesday, February 23, 2021, while briefing a joint Senate Committee on Banking, Insurance and Other Financial Institutions; ICT and Cybercrime; and Capital Market, on its directive to institutions under its regulation. Describing the operations of cryptocurrencies as dangerous and opaque, the CBN Governor said the use of cryptocurrency contravened an existing law. He said given the fact that cryptocurrencies were issued by unregulated and...

Sheikh Gumi: Fulani herdsmen were pushed into criminality

Islamic Cleric, Sheikh Ahmad Gumi, has maintained his position that some Fulani herdsmen were forced into criminality because they were victims of cattle rustling. Sheikh Gumi restated his position during an interview on Channels Television’s Politics Today on Monday. Sheikh Gumi said: “When I listened to them, I found out that it is a simple case of criminality which turned into banditry, which turned into ethnic war, and some genocide too behind the scene; people don’t know.” The cleric said that while “there is no excuse for any crime; nothing can justify crime, and they are committing crime,” the bandits were forced into criminality. “I think it is a population that is pushed by circumstances into criminality,” he said. “And this is what we should look, let’s remove the pressure, let’s...

Sheikh Gumi: Fulani herdsmen were pushed into criminality

Islamic Cleric, Sheikh Ahmad Gumi, has maintained his position that some Fulani herdsmen were forced into criminality because they were victims of cattle rustling. Sheikh Gumi restated his position during an interview on Channels Television’s Politics Today on Monday. Sheikh Gumi said: “When I listened to them, I found out that it is a simple case of criminality which turned into banditry, which turned into ethnic war, and some genocide too behind the scene; people don’t know.” The cleric said that while “there is no excuse for any crime; nothing can justify crime, and they are committing crime,” the bandits were forced into criminality. “I think it is a population that is pushed by circumstances into criminality,” he said. “And this is what we should look, let’s remove the pressure, let’s...

Minimum wage: Osun has complied with law – NLC chair

The Osun State Chapter of the Nigeria Labour Congress, NLC, has dismissed a media report that listed Osun among states in the country that were yet to implement the new national minimum wage. A newspaper had erroneously reported that during the last Central Working Committee and National Executive Council meeting of the NLC held in Abuja between 17 and 18 of February 2020, Osun was mentioned among states in the country that are yet to implement the new minimum wage However, a statement by the State Chairman of the NLC, Jacob Adekomi, described the reports as malicious and misleading, stressing that there was no time at the meeting Osun was mentioned among states that were yet to implement the minimum wage. According to the NLC Chairman, it is glaring that Osun State is among the few states...

Senator Saraki: Former governor committed to PDP victory in 2023

Former President of the Senate and Chairman, National Committee on Reconciliation and Strategy of the Peoples Democratic Party (PDP), Bukola Saraki, has said that former governors under the platform of the party are committed to the victory of the PDP in the 2023 general elections. Saraki also said that although the PDP doesn’t make noise about who is joining the party, but many, even those, who left the party are coming back to join the PDP. Addressing newsmen shortly after meeting with the former governors in Abuja, Saraki said, “yesterday we met with one of our former Presidents. Today we are consulting with our former governors who are key stakeholders and leaders in their states. “There is no way we can talk about consultations and unity of the party without consulting them. We have b...

NSA, Northwest governors to meet in Kaduna over rising insecurity

The National Security Adviser, Maj. Gen. Babagana Monguno (Retd) and all the seven governors from the North-West region of the country have scheduled a town-hall meeting for Monday in order to address growing insecurity in the region. It was gathered that the meeting, which will hold in Kaduna, was convened on the heels of recent disagreements among some of the governors which border on whether to give amnesty to bandits or not. Newsmen report that Kaduna State Governor, Nasir El-Rufai said that his administration was at war with bandits and so cannot negotiate with them. The governor, in an interview with BBC Hausa radio as monitored on Monday, also ruled out the issue of forgiveness and compensation for bandits being advocated by the state based Islamic Scholar, Dr Ahmad Gumi. But Kano S...

Anambra election: We shall move our members to the polling booth – PFN chair

File Photo Ahead of the November 6 governorship election in Anambra State, the Chairman of the Pentecostal Fellowship of Nigeria (PFN) in the state, Bishop Moses Ezedebego, has declared that as part of efforts being made by PFN to make meaningful contributions to the development, peace and progress of the state, all eligible voters that worship in pentecostal churches across the 326 wards in the State would be at the polling booth to participate in electing the next governor of the State. Bishop Ezedebego made the declaration while addressing a press conference in respect of a 3-day camp meeting involving Christians leaders from across Nigeria and beyond organized by Maximum Impact Leadership Development Centre with a view to addressing the challenges facing Nigeria particularly poor leade...

PGF chief: Femi Fani-Kayode’s botched defection an attempt to manipulate APC leadership

Director-General of the Progressive Governors’ Forum PGF, Salihu Moh. Lukman has said the recent attempt to accept Chief Femi Fani-Kayode into the fold of the All Progressives Congress APC was a clear attempt by some partisans to manipulate the leadership of the ruling party into doing the wrong thing. There were reports earlier in the week that Fani-Kayode, a chieftain of the opposition Peoples Democratic Party PDP was set to join the APC following a meeting with the Chairman of the Caretaker Extraordinary Convention Planning Committee CECPC, Gov. Mai Mala Buni, and Kogi state Governor, Yahaya Bello who chairs the Mobilization Committee of the party. In a statement titled, “APC and the Question of Values”, Lukman praised the insistence by many APC members and leaders that Mr. Fani-Kayode ...