₦airaland Forum

In November, Binance agreed to pay $4.3bn to various US agencies, including the Justice Department, to settle charges related to its platform’s use by terrorist organisations like Hamas, the Islamic State, and Al Qaeda. Prosecutors alleged that under Zhao’s leadership, Binance had flouted American sanctions, granting access to customers in countries such as Iran, Syria, and Cuba.

Additionally, the company failed to report suspicious transactions involving narcotics and child sexual abuse materials, according to government officials.

Prosecutors highlighted Zhao’s mantra to Binance employees, stating that “it was better to ask for forgiveness than permission.”


https://punchng.com/why-us-nigeria-others-crack-down-on-crypto-currency-kings/

MrProlific95:
Too many BATerias on this thread,

I donate 100 cartons of Obi bitters to fumigate their brains

It is BATIST that opened the thread but you are crying

SisterAnn:
Most people that voted tinubu are swimming in the ocean of regret, constantly angry at themselves and everything around them. They are frustrated and depressed
And like drowning men clutch to any straw available to try stay afloat. But the sufferings in their lives are so heavy they keep going down no matter what.

Election have consequences.

Be calming down. Focus on the topic
God Bless President Bola Tinubu
God Bless Federal Republic of Nigeria

Which one be Siriku báyìí? This man should calm down.

https://twitter.com/Mayorxxxy/status/1789385716897628262

Siemens - Nigeria Electricity Project Update:

2: the @fgnpcppi has installed 63MVA 132/33kV mobile substation at Jebba Transmission for the good people of Kwara State.

3: additional 50.4MW was energized at 15.29hrs on 11th May 2024.

4: shame on those people that were saying Siemens project was fake.

5: $10,000 UK Egypt Visitor, you don see am ba.

6:
@RealAARahman

@followKWSG

@YinkaFafoluyi
congratulations


God Bless Federal Republic of Nigeria

https://twitter.com/woye1/status/1789332851453772142

Xxxxtentacion2:
only scallywags and good for nothing set of people support APC.
it takes high level of stupidity and foolishness to support a backward party like apc.

APC is the best and biggest party in the South East

Xxxxtentacion2:
Apc is a party of criminals..

Is that all ?

“No matter how fast a lie runs, the truth will someday overtake it.”
— T. B. Joshua

LNSC APPREHENDS ROAD INFRASTRUCTURE VANDAL ON 3rd MAINLAND BRIDGE

Tuesday, May 8th 2024, officers of the Lagos State Neighbourhood Safety Corps (LNSC) apprehended a road infrastructure vandal who was vandalizing the newly constructed 3rd Mainland Bridge road light indicators.

The suspect was identified as Mr. Friday Nwafor a 46-year-old male resident of Lagos who was immediately taken into our custody and handed over to the Commissioner of Police, Lagos Command Mr. Adegoke Fayoade


https://twitter.com/DeeOneAyekooto/status/1788222543192613213

CASH DEPOSITS NOT DEPOSITS

HOME OWNERS WITH NO DOCUMENTATION

Percentage of Home Owners with no Documentation (Average)
South East — 92.0%
North East — 83.1%
North Central — 81.0%
South South — 73.7%
North West — 64.9%
South West — 39.5%

#Statisense

Leo Messi became the first player in history to record 5️⃣ assists in a single game last night.

He also scored a goal. 🐐

🅰️🅰️🅰️🅰️🅰️⚽️

A growing number of Nigerian residents are raising concerns following clampdown on crypto assets via the financial industry

Following the classification of cryptocurrency trading as a national security issue by Nigeria’s National Security Adviser (NSA), at least four fintech startups operating in the country—Opay, Moniepoint, Paga, and Palmpay—will block the accounts of customers engaging in cryptocurrency transactions and report those transactions to law enforcement agencies.


https://nairametrics.com/2024/05/04/nigerians-left-in-shock-as-cbn-fg-clamp-down-on-crypto-market/

LegendHero:
That means we should pity him because he can’t do more than his abilities.

He has been consistent with his mediocrity. He needs help

LegendHero:
You would be surprised he might say it’s waste of money. He could say why can’t governor invest the money in providing water like his kind of Borehole.

Who need light when they are thirsty.

People are born with the same fundamental nature, but they develop and grow differently. Peter Obi's capabilities and qualities are limited, and he cannot provide what he himself does not possess

"You can't use infrastructure to improve economy "

Peter Gregory Obi
Principal of Gbajue School of Misplaced Priority

Nigeria’s second largest hydropower plant; the ZUNGERU POWER PLANT, was connected to the national grid last week leading to an improved supply in electricity to many areas across the country.

-The ambitious power plant represents a major achievement of the APC led government starting under former President Muhammadu Buhari who handed over engineering, procurement, and construction to a Chinese consortium comprising China National Electric Engineering Company (CNEEC) and Sinohydro after initial construction began in 2013.

-President Tinubu ensured continuity with the concession process which is set to earn Nigeria $70m annually for the next 30 years for managing the complex.

-The gigantic reservoir has a capacity to hold 10.4bn cubic meters of water

-The power project is estimated to generate 2.64 billion kWh of electricity annually, which will meet close to 10 per cent of Nigeria’s total domestic energy needs.

Slowly but surely, we will get there🎉

https://twitter.com/DOlusegun/status/1786424975961800731

APM Terminals Confirm Plans To Invest $500 Million In Port Upgrade

It said this is outside the $600 million it injected in the acquisition of equipment, including trucks, container cranes as well as advanced operational controls, digital interfaces, and extensive training of employees since 2006.

Keith Svendsen, Chief Executive Officer of APM Terminals, in a statement titled “Our Vision For Nigerian Ports and Growth” revealed APMT is also at the verge of concluding a USD 115m upgrade project in Onne Rivers State.

Svendsen said the fresh investment is to ensure the terminal has sufficient capacity and capabilities to service the south/eastern Nigeria market and the growth expected in coming years, while the Apapa port continues to offer a unique access to Nigerian importers and exporters to international markets through not just road, but also rail and waterways, by means of barges.



He said Nigeria is a key market in Africa and that APMT is proud of the central role it plays in enabling containerized trade between the country and the rest of the world.

According to him, AP. Moller-Maersk has been present in Nigeria for more than 35 years and that it’s vessels have been serving the country essentially since Independence.

“Our two container terminals in Lagos and Onne handle about half of the containers going in and out of Nigeria, and our vessels transport close to a third.

“APM Terminals have been operating in Nigeria since 2006 and have invested more than USD 600 million during this period in equipment, including trucks and container cranes as well as in advanced operational controls, digital interfaces, and extensive training of employees to provide customers with a fully modern and safe experience. We employ about 2,500 people directly (99% Nigerians) and indirectly create employment for about 65,000 according to a recent socio-economic study.

“At APM Terminals, we believe strongly in the future prospects for the Nigerian economy, and the long-term opportunities that the current economic reforms and invitation for international investments will generate.

“At Onne, we are concluding a USD 115m upgrade project to ensure the terminal has sufficient capacity and capabilities to service the south/eastern Nigeria market and the growth expected in coming years, while the Apapa port continues to offer a unique access to Nigerian importers and exporters to international markets through not just road, but also rail and waterways, by means of barges

“Having been present there for close to two decades, we believe that Lagos, as the main port, needs further investments to cater for increasing trade volumes and to be able to attract large container vessels. While greenfield terminals like Lekki and later on Badagry will support economic growth in the long run, the more urgent requirement is in our view to upgrade the existing port infrastructure to ensure road, rail and barge networks can connect directly to mainline shipping.

“We have developed plans to undertake the necessary terminal upgrade investments in Apapa to give access to vessels with deep draft and requiring large ship-to-shore cranes. We seek to do this under a long-term agreement with the government to support our ambition to continuously improve the import and especially export opportunities for the country, creating jobs and diversifying opportunities locally.

“As we are still not at the finish line, we have intensified talks with the administration and port authority to make these plans concrete and I’m pleased with the significant progress made towards implementation. That is why I earlier this year publicly told about the proposal to invest more than USD 500 million that we have discussed with the President Tinubu both in February,  and which we further elaborated in late April. It should go hand-in-hand with a long-term partnership.
For us in APM Terminals, it is important that we not only operate highly efficient terminals, but also that we play a role contributing to the development of the local communities and bring in opportunities for growth and new prospects for Nigerians” he added.

https://dailytrust.com/apm-terminals-confirm-plans-to-invest-500-million-in-port-upgrade/

Graduate of Gbajue School of Misplaced Priority

We are relocating our businesses to our region..❌
Southeast is more developed than southwest ❌
Do not invest in Lagos ❌
Yen yen yen yen
All na lamba
They cannot breathe without southwest



Members of Gbajue School of Misplaced Priority

Yesterday, do not invest in Lagos. Today, Lagos GDP hits N41Tr

Investors: Shey na your dry state with N30m GDP we should come and invest?😫

DMerciful:
It is not victim mentality.

It was targeted at landmark! Everybody knows this

Was any of landmark buildings touched?

Note , this is the first beach 🏖️ property demolished

Bolaji Ariyo’s MamiChula Beach 🏝️ lost virtually everything but no gidigbo despite his closeness to the PBAT

No noise


https://www.youtube.com/watch?v=KrNG0dDMBT0?si=r6925_vvu38rqAcP

Credit: Tunji Insuranceman

Agulu Obama and his nonsense rhetorics.
When President Shehu Shagari conceptualised the 3rd Mainland Bridge in 1976, a lot of people called it a white elephant project. They said Lagos had 2 existing bridges - Carter and Eko Bridge. A third bridge was unnecessary. Victoria Island was partially developed, and if at all a bridge was needed, it should end at Ebute-Metta.

Nigeria was going through a tougher time with back to back military coups, structural adjustment programs, etc. Shagari continued with the project and IBB despite all the challenges completed it and extended the bridge from Ebute Metta to Oworoshoki. Today, Lagos state can barely survive without the 3rd Mainland Bridge, and everyone is now clamouring for a 4th Mainland Bridge.

When Gen Abacha started the construction of NLNG in 1995, Nigeria could be likened to hell. Cancelled elections, interim government, truncated democracy, and foreign sanctions, Nigerians were cooking with sawdust stoves. There was no food to eat, and universities were shut down. Today, NLNG has paid over $18bn to the FG as dividends.

When PBAT envisioned the Lekki Free Trade Zone, the deep sea port, Red and Blue rail lines in 2003, people thought he was bluffing. Today, the free trade zone houses the biggest refinery in the world and arguably the most important asset to our economy. The Lekki deep sea port will generate more than 50% of Nigeria's GDP.

Agulu Obama lacks vision. A completely shallow mind who can't see beyond his nostrils. 8 years as governor with zero legacies now turned Twitter influencer.


https://twitter.com/fimiletoks/status/1785446468872229280

DMerciful:
No longer Soludo?

It could be SE vs.SE

God Bless President Bola Tinubu
God Bless Federal Republic of Nigeria

Fuel Subsidy Removed
Forex Subsidy Removed
Student Loan in place
Consumer Credit Scheme in place
Grants to NANO Business. ... being disbursed
Third Mainland Bridge - Rehabilitated
Abuja-Keffi-Markurdi Road- Completed
Bodo-Bonny Road - Work resumed
Lagos Ibadan Expressway - Completed
Lagos - Calabar Coastal Highway - commenced
Port Harcourt - Maiduguri -completed to Aba
Port Harcourt Refinery - Completed
Dangote Refinery - operational
Onitsha - Enugu expressway - Almost completed
Port Harcourt - Enugu expressway- work in progress
Abuja-Kano Road - Work in progress
Kaduna - Kano Railway - work in progress
State Police - work in progress ✓
Salary increase for Civil servants done✓

Many many many more

......

God Bless former President Buhari
God Bless President Bola Tinubu
God Bless Federal Republic of Nigeria

Yesterday, the National Grid got a massive boost as 624MW was added from Zungeru HPP.

This was after a successful reliability test on the units.
With this addition, NESI will be better and the national grid shall grow. Let's continue to prioritize #energyaccountability and #energymanagement as we work towards a more sustainable future.

Kudos to continuity of APC Government.

My advice to you is just to sit back, relax and watch as Engr. Dave Umahi delivers what you think is impossible. Action is better than cho cho cho.

I also think you are threatened by the rising profile and undeniable competence of Minister of Works, Dave Umahi and the reality that he will one day become the first president of Nigeria from the South East in the 4th Republic while you take your place as one of most dangerously deceitful and bitter politician to have ever graced Nigeria's political landscape

Michael Chibuzo