Consultation
Canada to examine crypto, stablecoins, and CBDCs in new budget
The Canadian federal government is set to launch a consultation on cryptocurrencies, stablecoins, and Central Bank Digital Currencies (CBDCs) as revealed in its new mini-budget. The government’s “2022 Fall Economic Statement” released on Nov. 3 by Deputy Prime Minister Chrystia Freeland works as a fiscal update in conjunction with its main yearly budget. The statement included a small section on “Addressing the Digitalization of Money” that outlined the government’s crypto plans. It said the rise in cryptocurrencies and money digitalization is “transforming financial systems in Canada and around the world” and the country’s financial system regulation “needs to keep pace.” The statement opined that money digitalization “poses a challenge to democratic institutions around the world” h...
Imo PDP chieftain joins APC
Mr Hillary Ugochukwu, a chieftain of the Peoples Democratic Party (PDP) in Imo, has defected to the All Progressives Congress (APC). Ugochukwu, a former senatorial aspirant of the party, announced his defection at a reception organised in his honour by the state leaders of the APC in Owerri on Saturday. Ugochukwu lauded Gov. Hope Uzodimma on his achievements in office and expressed willingness to work with him towards taking the state to greater height. The former aspirant, an agriculturist and estate developer, called on his supporters to join him in his struggle to make the state a better place. He said he registered with the APC in his home ward in Ogwa in Mbaitoli Local Government Area (LGA) of the state before his advancement to the state level. ”After careful thought and due consulta...
Premier League issues major announcement on fan attendance for last two games
Only home fans (a limited number) will be able to attend the final two league games of the season, as confirmed by the Premier League. This update comes from The Athletic, following suggestions that away supporters could be permitted access to the stands as part of the 10,000 spectator figure previously touted. “The Premier League today confirmed the final two match rounds of the 2020/21 season will be limited to home fans, subject to the Government easing lockdown restrictions,” as the Premier League statement read. “Following consultation with clubs, it was agreed matches would not be open to away supporters due to varying operational challenges across the League and the need to deliver a consistent approach, while maximising the opportunity for home-fan attendance. “The safety and secur...
Akwa Ibom wins CIRDDOC 2020 best budget transparency award
In a move that gives credence and endorsement of the commitment of the Udom Emmanuel led administration in ensuring openness, transparency and accountability in budgeting and governance, the Akwa Ibom State Government has been ranked one of the best performing states in the 2020 sub-National Budget Transparency Survey. The survey which was conducted by the Civil Resource Development and Documentation Centre (CIRDDOC) to ascertain the level of budget performance by states of the federation revealed that Akwa Ibom and four other states topped the budget performance index for the year, 2020. The Nigerian States Budget Transparency Survey Report also revealed that Akwa Ibom and some other Nigerian States have significantly improved budget transparency and participation, and has improved the ro...
Senate faults PTF conversion to PSC, laments doctors strike
The Senate Committee on Health said on Thursday that the Presidency should have consulted the National Assembly before converting the the Presidential Task Force on COVID-19 to the Presidential Steering Committee. The panel also expressed surprise that the National Association of Resident Doctors embarked on strike despite the fact that their demands had been met by the Federal Government. Chairman of the Senate panel, Yahaya Oloriegbe, stated these during a public hearing on a bill seeking to establish a Federal Medical Centre in Mubi, Adamawa State. Oloriegbe said, “I was listening to the radio yesterday (Wednesday) and I heard that the PTF (on COVID-19) has been converted to a steering committee. “We were not consulted in terms of what will be the operational mechanism and so on. “I am ...
PDP advises federal government against increasing pump price of petrol
The Peoples Democratic Party (PDP) on Friday advised the Federal Government against increasing pump price of petrol. The party in a statement by its National Publicity Secretary, Mr Kola Ologbondiyan, in Abuja said any contemplation to increase pump price of petrol to N212 would worsen the economic and social situations of Nigerians. This was in reaction to a debunk report that the Petroleum Products Pricing Regulation Agency (PPPRA) on Thursday night released a template that a litre of fuel would now be sold for prices ranging from N209 to N212 per litre for March. Ologbondiyan said that the N212 per liter reportedly contemplated in the March pricing template was not in the best interest of Nigerians. “It is a barefaced fact that there is no way that Nigerians can survive such hike in fue...
Senator Saraki moves to reconcile Ayo Fayose, Seyi Makinde
Ex-Senate President Bukola Saraki, is brokering peace between former Governor of Ekiti State, Ayodele Fayose and Governor of Oyo State Seyi Makinde. Fayose and Makinde have been on a warpath for quite some time now. Fayose insists that Makinde shouldn’t be carrying himself as leader of the PDP in the southwest because he’s the only PDP governor in the region. Fayose has also warned Makinde that he’ll work against his re-election in 2023 if he doesn’t stop disrespecting him. “When Makinde was to contest, I was the one that presented the flag to him and a red pen. It is a higher authority that hangs your rank, a senior officer hangs the rank of a junior officer, that means he saw me as a leader at the time I was giving him the flag at Ogbomoso,” Fayose said recently, adding that Makinde was ...
Oyo governor to declare Hijrah holiday from next year
Governor Seyi Makinde of Oyo State, on Wednesday, declared that starting from next year, the government would declare Hijrah holiday in line with the yearnings of the Muslim community in the state. Makinde, who made the declaration during the celebration of 2021 Mawlud Nabiyy, held at the Remembrance Arcade of the Government House, Agodi, Ibadan, stressed the need for the Muslim faithful and non-Muslims as well to continue to peacefully coexist. A statement by the Chief Press Secretary to the governor, Mr. Taiwo Adisa, indicated that the governor equally declared that the state will always rise above the antics of perpetrators of evil, whom he said had tried all they could to plunge the state into chaos. According to Governor Makinde, only peaceful and harmonious coexistence would lead the...
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...
Insecurity: Nigerian governemtn to hold nationwide town hall meetings
In view of the security challenges confronting the nation, the Federal Government is set to convene town hall meetings in the six geo-political zones. Government is expected to confer with state chief executives, religious leaders, women and youth groups in a bid to find lasting solutions to the spiralling, multiple security threats in the country. A statement issued by the Office of the National Security Adviser (ONSA) said the move was in furtherance of Federal Government’s commitment to address multiple security threats facing Nigeria. It said the National Security Adviser (NSA), Major General Babagana Monguno (rtd) convened a meeting of the General Security Appraisal Committee (GSAC) on 11th February, 2021. The meeting, which was attended by the service chiefs and heads of law enforcem...
U.S. says North Korea an urgent priority for the United States
North Korea’s nuclear weapon and ballistic missile programs are an urgent priority for the United States and Washington remains committed to denuclearization of the country, the U.S. State Department said on Friday. The Biden administration’s lack of direct engagement with North Korea should not be seen as an indication that the challenge posed by its weapons programs was not a priority, department spokesman Ned Price said. “It in fact very much is,” he told a regular briefing. North Korea continued to make progress in its nuclear and missile programs in recent years “which makes this an urgent priority for the United States and one that we are committed to addressing together with our allies and partners,” Price said. “And … the central premise is that we remain committed to denuclearizat...
- 1
- 2
Governor Wike: Nobody can undermine Rivers in quest for Nigeria’s presidency
Rivers State Governor, Nyesom Wike, has said that anybody jostling to be president of Nigeria would also need to secure votes in Rivers to combine with either Kano or Lagos to emerge victorious. Wike said such pivotal position establishes the importance of Rivers State in the political scheme of the country, stating that nobody would be allowed to undermine it. He made the assertion at the grand finale of the People’s Democratic Party (PDP) Local Government Election Campaign that held at Ulakwo in Etche Local Government Area, yesterday. The governor said: “I keep telling the Peoples Democratic Party (PDP), that no state has given more votes to the party than Rivers. “And it is only in Rivers, in the whole of South-South, that the All Progressives Congress (APC) didn’t get 25 per cent votes...