A statement from United States Treasury Secretary Janet Yellen on President Joe Biden’s executive order regarding digital assets calls for efforts to support innovation while addressing risk in the industry. Yellen’s statement was released a day early, apparently by error, and quickly deleted but was captured on a web archive. It shares early insights into the details of President Biden’s soon-to-be-released executive order. The order will call for “a coordinated and comprehensive approach to digital asset policy.” Yellen’s statement said that the executive order could “result in substantial benefits for the nation, consumers, and businesses.” “It will also address risks related to illicit finance, protecting consumers and investors, and preventing threats to the financial system and broad...
The ruling All Progressives Congress, APC, has described Monday’s meeting of governors of the opposition Peoples Democratic Party PDP as a jamboree and a complete waste of time, accusing the state executives of engaging in name calling and abuses. National Secretary of the APC Caretaker Extraordinary Convention Planning Committee, CECPC, Sen. John James Akpanudoedehe disclosed this in a statement issued Monday in Abuja. The statement reads; “Going by the communique issued by the Peoples Democratic Party PDP Governors’ Forum, at the end of its meeting on Monday, it is unfortunate that the PDP governors chose to engage in misplaced name calling and abuses instead of seizing a golden opportunity provided by the meeting to offer meaningful and patriotic contributions on the review of the state...
A US federal investigation has been launched into policing practices in the city of Minneapolis, a day after one of its former officers was convicted of the murder of George Floyd. The justice department will look at whether there has been a pattern “of unconstitutional or unlawful policing”, Attorney General Merrick Garland said. It follows national outrage over the killing of Floyd by Derek Chauvin. The former officer was convicted of all charges against him on Tuesday. Chauvin was filmed kneeling on Floyd’s neck for more than nine minutes during an arrest in May 2020. Floyd, an unarmed African American, was pronounced dead an hour later. His death sparked protests across the US and worldwide, and calls for police reform. Tuesday’s verdict has been widely welcomed in a country where poli...
The Deputy Speaker of the House of Representatives, Ahmed Wase; and Minority Leader of the House, Ndudi Elumelu, have called for full autonomy for local governments in Nigeria, stating that it is the only way dividends of democracy can get to the people at the grass roots. Wase and Elumelu made the call in Abuja on Thursday, at a leadership training sponsored by the Minority Leader for chairmen and councillors of Local Government Areas in Delta State. The Deputy Speaker, while answering questions from journalists, recalled that President Muhammadu Buhari had signed an Executive Order to declare financial autonomy for LGs. Buhari had signed Executive Order 10 in May 2020. Wase said, “As for me, first as a member of parliament representing my constituency and my people, I think I am on the s...
A Civil Society Organisation, CSO, Yiaga Africa, on Monday, demanded effective monitoring and evaluation of COVID-19 vaccination and also strengthening the nation’s health sector. This was stated by the Director of Programmes, Yiaga Africa, Cynthia Mbamalu, while speaking on the need for the vaccination to be guided by certain principles that would bring about the inclusion of all citizens in the process. Mbamalu said: “The conversation is important to ensure that the whole process of vaccination is guided by certain principles and every aspect of society is catered for. In the implementation of vaccines in Nigeria, we need to deploy effective monitoring and evaluation systems that will help document how well we have done, document the learning, and how we can improve on the system. “Beyon...
Mississippi became the first US state on Thursday to ban transgender athletes from competing on girls or women’s sports teams, a move denounced as discriminatory by LGBTQ groups and likely to face legal challenges. Governor Tate Reeves said the “Mississippi Fairness Act” would “ensure young girls are not forced to compete against biological males.” The bill requires public schools in the conservative southern state to designate sports teams based on biological sex as for “Males,” “Females” or “Coed.” “Athletic teams or sports designated for ‘females,’ ‘women,’ or ‘girls,’ shall not be open to students of the male sex,” it states. Human Rights Campaign (HRC), a group which defends LGBTQ rights, described the bill as “discriminatory anti-transgender legislation” and said it would be challeng...