Global cryptocurrency enthusiasts have expressed concerns over Canadian authorities freezing bank accounts and crypto wallets involved in funding local COVID-19 protests. On Thursday, Ontario Superior Court Justice Calum MacLeod issued an order freezing all the digital assets and bank accounts associated with “Freedom Convoy,” a series of ongoing protests against COVID-19 vaccine mandates and restrictions. According to a report by the Toronto Star, the amount of funds frozen so far in bank accounts and digital wallets with Bitcoin (BTC) and other assets is estimated at more than $1 million. “The names of both individuals and entities as well as crypto wallets have been shared by the RCMP with financial institutions and accounts have been frozen and more accounts will be frozen,” Deputy Pri...
Cryptocurrency made an appearance at a global online summit for world leaders in a speech from Indian Prime Minister Narendra Modi. At Friday’s events for the Summit for Democracy hosted by U.S. President Joe Biden, Modi said India would be willing to offer other countries “innovative digital solutions” to facilitate free and fair elections and governance. In addition, the Prime Minister called for a global standard on cryptocurrencies and major social media platforms, likely referring to the impact some have had on politics in India as well as many other countries: “We must also jointly shape global norms for emerging technologies like social media and cryptocurrencies so that they are used to empower democracy, not to undermine it […] By working together, democracies can meet...
The Independent Petroleum Marketers Association of Nigeria has commended the National Assembly for the inclusion of the Petroleum Equalisation Fund in the newly passed Petroleum Industry Bill. The Public Relations Officer of IPMAN, Yakubu Suleiman, gave the commendation on Sunday in a statement. Suleiman said the legislative arm of government had demonstrated that it was sensitive to the yearnings of majority of Nigerians for a permanent solution to the energy problems in the country. He said the entire content of the bill as passed by the Senate would serve as a catalyst for the inflow of the much desired foreign direct investment to boost the economy. He said: “The much awaited Petroleum Industry Bill has come to ease Nigerians of the pains that necessitated the call for the Bill in the ...
Mr Femi Gbajabiamila, Speaker of the House of Representatives, has applauded Chief Chinedu Ogah, representing Ezza South/Ikwo Federal Constituency, for delivering democracy dividends to his constituents. The Speaker made the commendation on Wednesday at Ekpelu community in Ikwo local government area while inaugurating constituency projects attracted by Ogah. The Speaker, represented by Mr Abdulkadir Babayali, said that the lawmaker has demonstrated uncommon love, uncommon will and uncommon wisdom in attracting the projects which he said would enhance the living conditions of the people. He added that the lawmaker had demonstrated effective representation through the provision of many life changing infrastructure and other development projects for the people. The Speaker urged the people to...
File Photo A leading contender for the All Progressives Congress (APC) governorship ticket, Andy Uba, has distanced himself from alleged attempts to hijack the party’s ongoing primary election. A statement in Awka, Saturday afternoon by Uba’s campaign organisation said the allegation was the last resort of people it called paper tigers. The statement read: ‘We are presently in touch with a number of false allegations where it has been stated that our principal, Senator Andy Uba has highjacked the process meant to democratically select a candidate for the forthcoming polls in November. ‘We wish to state categorically that nothing can be further from the truth as our principal, Senator Andy Uba, remains committed to the tenets of democracy and fairness and will thus not indulge in anything t...
Gov. Seyi Makinde of Oyo State has urged local government chairmen in the state to upscale intelligence gathering in their respective council areas. A statement issued on Wednesday in Ibadan by Chief Press Secretary to the Governor, Mr Taiwo Adisa, quoted Makinde as stating this while closing a two-day retreat for local government chairmen, vice-chairmen and heads of local government administrations (HLAs), on Tuesday evening. Newsmen report that the retreat was held at Ilaji Hotel and Sports Complex, Akanran, Ibadan. The governor said that the local government chairmen needed step up their game on the issue of security and take responsibility for the security of their areas. Although he stated that security was the responsibility of everyone in the society, the governor, however, said tha...
Getty Images Son of Chief MKO Abiola, winner of the 1993 presidential election, Alhaji Jamiu Abiola has floated a foundation named after his mother, Alhaja Kudirat Abiola to work for peace and unity of Nigeria in the face of agitations for secession. Jamiu Abiola said it would mean that his parents, Alhaja Kudirat and Chief MKO Abiola died in vain if Nigeria or its democracy collapse. He spoke in Zaria, Kaduna State on Saturday while launching the Kudirat Abiola Sabon Gari Peace Foundation in memory of his Zaria-born mother, who was assassinated on the 4th June 1996. Alhaji Jamiu Abiola who is the Chairman of the Foundation said, it was founded to work against the forces trying to bring Nigeria down, adding that the creation of Nigeria by God was not a mistake and the country has gone too ...
Tunisia president wants debate on new political system, constitutional amendment
Tunisian President Kais Saied called on Tuesday for a dialogue with political parties on creating a new political system and amending the 2014 constitution, which he described as “with locks everywhere”, in an effort to ease the ongoing political crisis. Saied’s comments could pave the way for an end to a months-long political standoff with Prime Minister Hichem Mechichi, who is backed by parliament Speaker Rached Ghannouchi, leader of the moderate Islamist Ennahda party, over powers and political alliances. The Tunisian constitution, approved following the 2011 revolution, has been widely praised as a modernist constitution. But many politicians admit that it includes many controversial chapters and needs amendment. “Let us enter into a credible dialogue… to a new political system and a r...