Goverment
Mexico confirms plans to roll out CBDCs in 2024
Mexico has announced that it would introduce a new national central bank digital currency (CBDC) in 2024, according to a tweet posted on Thursday. The tweet by an account representing the Mexican presidency highlighted that “new technologies and next-generation payment infrastructure” will help Mexico become more financially inclusive. El @Banxico informa que hacia 2024 tendrá una moneda digital propia en circulación, por considerar de suma importancia estas nuevas tecnologías y la infraestructura de pagos de última generación como opciones de gran valor para avanzar en la inclusión financiera en el país. — Gobierno de México (@GobiernoMX) December 30, 2021 The plans for a CBDC follow the recent statement by Mexico’s President Andrés Manuel López Obrador that Mexico is un...
James Ibori loot: Delta asks federal government to return recovered fund to state
Delta State Government on Tuesday reacted to receipt by the Nigerian government of the £4.2 million first tranche of the Ibori loot from the goverment of the United Kingdom. The state government restated its earlier stand that since the returned money was illegally taken out of Delta’s Treasury, it should appropriately be returned to Delta State. This is coming on the dissolution, on Tuesday, of the Delta State Executive Council (EXCO) with Governor Ifeanyi Okowa asking the Secretary to State Government (SSG), all civil commissioners and the governor’s aides to surrender all vital government documents and property to their respective permanent secretaries in the ministries, departments and agencies. The outgoing state commissioner for information, Mr Charles Aniagwu, reiterated the positio...
Conference of speakers advocates community policing
The Conference of Speakers of State Legislatures of Nigeria on Saturday decried the spate of insecurity in Nigeria even as they advocated for community policing as a way out of the current security challenges bedeviling the country. They also commended the Federal Government on its efforts at fighting the insecurity in the country, calling on the goverment to beef up the security architecture in the country to reflect the demographic reality of Nigeria. This was contained in a communiqué issued by the Conference at the end of its general meeting held at the Hazibal Event Centre in Bauchi, the Bauchi State capital, which had representatives of the 36 states in attendance. The communique, which was signed by the chairman of the Conference, Right Honourable Suleiman Y Abubakar, who also doubl...
