₦airaland Forum

PataAlhajaKeji:
Exile? Who pursue am? Who stop am from entering Naija?

Sincerely, a lot of motherfuckers out there overrate themselves, including that vainglorious, holier-than-thou, condescending, thieving, identity-stealing son-of-a-bitch, Rhino O'Mockery who claims to be on a self-imposed exile because of Buhari ... as if Buhari sabi am.

Now who's this Hundeyin guy with name sounding Franco-west-african? SMH.

Stop making noise and read about the surname Hundeyin and those that bear it.

thebosstrevor1:
A way for insisitutions to curb all bitcoin from circulation

Clown, it will only increase the popularity, demand, and acceptability of Cryptos.

Oh that aside, one of the US biggest Banks Blue Rigid plans to start allowing BitCoin withdrawal at their ATMs. Amazon is also making a move to integrate Crypto into their e-commerce system.

christistruth01:
Is Kanu not in UK?

Kayode Ogundamisi was among those that called police for Grandson go and find out

Is this the same Ogundamisi of 1999/2000 OPC?

hollah123:
absolute garbage,see useless bragging n chestbeating.

the best tribe in d world,just imagine.

u Keep trying to exonerate d Igbos from d coup

the question is
how many Igbo leaders died compared to other regions?
what was aguiyi ironsi response after those coupists were apprehended?

u claim to always fight for freedom but I guess when it involves pdp u forget your freedom fighting skills even when your kinsmen are dieing like fowls.

what happens to your freedom fighting skills as regards awkuzu killing,oyingbo killing n d recent orlu killing?
I guess freedom fighters have gone mute abi,but when it involves Tinubu n APC u remember u are freedom fighters.

y is Peter Obi still a free man if truly u are freedom fighters?

I have simple question oga, do you regard the Aniomas from Delta as Igbos?

Crypto can't be killed, if you think I am lying ask the Nigerian government. All the Startups that they tried to suffocate with the ban are up and running. People are still making their transactions, so CBN and the Northern caucus of the Senate can take a chill pill.

Crypto is like the proverbial cockroach that will survive a nuclear blast.

The senate has mandated its relevant committees to discuss the opportunities and threats of cryptocurrency with the CBN governor.

NEWS AGENCY OF NIGERIA • FEBRUARY 11, 2021

https://gazettengr.com/wp-content/uploads/Senate-.jpg
Nigerian Senate floor (Credit: Twitter)

The recent ban on cryptocurrency transactions via Nigerian bank accounts has divided opinions among Nigerian senators.

The Central Bank had directed deposit money banks and other financial institutions to deactivate all customers’ accounts used for transacting all forms of virtual currencies.

The CBN hinged its decision on claims that fraudulent transactions were being carried out via cryptocurrency dealings, thereby weakening the Naira. It also alleged that the exchange could be used to funnel illicit funding for terrorism and other threats to national security.

Debating the development on Thursday at plenary, Senator Tokunbo Abiru, a former bank chief executive from Lagos, says he does not see the ban as the solution to the highlighted threats but suggested a public hearing be held with stakeholders.

“The last five years, we have had people changing crypto-currencies to over 500 million dollars. It is good to ban because of the challenges it has presented; in reality, banning it doesn’t take it away,” Mr. Abiru said.

“Even our Security Exchange Commission (SEC) also recognised crypto-currency as a financial asset they need to regulate. What we should do is to invite the major stakeholders to a public hearing.”

Adding his voice, Senator Solomon Adeola (Lagos West) opined that rather than the outright ban on crypto-currency by the banks regulator, regulation of the market would be a better option.

In his words: “I am strongly against the outright ban of this medium of exchange by the Central Bank of Nigeria(CBN). What the CBN should be telling Nigerians are the regulations put in place to regulate the activities of the operators.”

“All over the world, these cryptocurrencies are regulated. The operators of this so-called currency are everywhere. I would indulge this senate to allow the regulators also to be invited so that they can also tell the committees their own position concerning the operation of cryptocurrency in Nigeria,” Mr. Adeola concluded.

Senator Biodun Olujimi, apparently against the ban, noted that the youth have gained so much from the business of bitcoin, hence, advised the CBN and the government to iron out ways for cryptocurrency to work for the country while also taking step to prevent fraudulent people from gaining access.

Ms. Olujimi said, “We didn’t create cryptocurrency and so we cannot kill it and cannot refuse to ensure it works for us. These children are doing great business with it and they are getting results and Nigeria cannot immune itself from this sort of business.”

“What we can do is to ensure bad people must not use it. This motion is most important to us. The time has come for us to harmonise all the issues concerning cryptocurrency,” the senator added.

However, in a swift opposition, Senator Sani Musa (Niger) believes the directive is necessary due to the clandestine nature of the medium of transaction which makes it almost impossible to regulate while seeing it as a threat to Nigeria’s weak economy and the fragile Naira.

“Cryptocurrency has become a worldwide transaction of which you cannot even identify who owns what. The technology is so strong that I don’t see the kind of regulation that we can do. Bitcoin has made our currency almost useless or valueless,” Mr. Sani lamented.

In addition, he said: “If we have an economy that is very weak, and cannot regulate cryptocurrency in Nigeria, then I don’t know how our economy would be in the next seven years.”

The senate then mandated its committees on banking, insurance and other financial institutions, ICT and cybercrime, and capital market to invite the CBN governor for briefing on the opportunities and threats of the cryptocurrency on the nation’s economy and security and to report back findings within two weeks.

PEOPLES GAZETTTE

Topmaike007:
na him oo...and now then wan increase petrol price....

This government don tire me, now too I hear say fuel scarcity dey come. Only God for help us.

Topmaike007:
na wa oo..naija don tire me

E don tire almost everybody, anybody wey say e neva tire am dey benefitt directly from Government.

Topmaike007:
how I wish Nigeria can just be like them...

We have the population and the brains but we can't suffer like them, they stayed away from the rest of the world for a along time to become self dependent. Besides, the people in power aren't interested in achieving things like this, they are after their pockets.

Topmaike007:
na him oo.I go still go china go learn there trade

The people dey intelligent die, even America and UK still dey use made in China products.

Topmaike007:
biko gwa wo okwu ..say it loud abeg

Nwanne many of then need to understand that China isn't the enemy but the West.

MsAllison:
yes oooo
the defection sweet me die

I am sure Vulture BBQ is still in shock.

uchelouis45:
You should have just ignored him.

I would have done so but his presence and continues lies on this forum is annoying, he should consider going into exile.

must be wailing ad gnashing his teeth, but there is nothing an insignificant member of the APC can do about it than to wail online.

thebosstrevor1:
No More blaming fulanis
No more supporting ipob

NOW HE IS GOING TO BE A PDP CRITIC.

APC SHOULDN'T GIVE FFK ANY POSITION. HE IS A MODERN DAY JUDAS ISCARIOT.

IT IS IMPORTANT TO NOTE THAT EVERY AGITATORS IN NIGERIA ARE FIGHTING FOR THEIR STOMACH NOT FOR THE MASSES.

A HISTORY OF FFK SHOWS THAT HE MOVES TO ANY PARTY RULING THE COUNTRY.

IF DCNPPC PARTY CANDIDATE BECOMES THE PRESIDENT TODAY, FFK WILL MOVE TO THAT PARTY THE NEXT DAY.

ANYWAY, FFK IS A KNOWN POLITICAL PROSTITUTE

I KNOW FOR SURE THAT HE MOVED TO THE APC TO PROTECT HIS HEAD FROM CORRUPTION CHARGES BUT THIS TIME, HE WONT BE SUCCESSFUL.

You are a minute member of the APC, which means you can't decide who gets a position or not. So, happy wailing all over the internet.

thebosstrevor1:
Good for them.

I know they are not connected but fakenews media will try to connect them for controversies.

I commend the lagos state government for this act, i know many lagosians are tired of seeing slums that harbors criminals and threatens the safety of law abiding lagosians

ALL SLUMS HARBORING LIARS AND CRIMINALS MUST BE DESTROYED.

Did you read at all or you just wanted to comment? BTW, did I just see you throw a shade at liars, when you literally lie all day for Trump and Buhari.

mattfeuter:
John, is this you??

The Internet never forgets

austinvsb:
I despise Buhari in almost every way but Kids like this with little knowledge of their colonial history coming online to just spout venom just enrages me! Your usage of 'China' and 'slavery' in the same sentence just goes to show how brainwashed the average African is about his colonial past.

Facts: china has been the best economic partner for Africa in decades!! Use your brain

Many don't understand that the Chinese want to see a developed Africa and they see us as their equals compared to the West that sees us as an avenue to amass wealth and natural resources without consideration for development.

johnmartus:
Mydn44 Seun lalasticala. This guy broke rule 2 and 8.

2 Don't abuse, bully, deliberately insult/provoke, fight, or wish harm to Nairaland members OR THEIR TRIBES.

8 Don't post false information on Nairaland

Wow, you have resulted to crying this is really entertaining.

Cherez:
This is my problem with most of you
So na South-South first started kidnapping in Nigeria?
You'll never take responsibility but keep passing the buck

I just tire for them, the Yoruba dey talk like person wey no get sense at all. Their Obas kidnapped people in Yorubaland for rituals, the only difference is that they never asked for ransom. That's how they woke up one morning and started blaming South South for inventing cultism, when they forgot that Wole Soyinka was the original pioneer, and the first cult group emerged from the South West.

Kasco:
When the south east voted Jonathan out, they never knew buhari will fill their bushes with fulani kidnappers... It's what you guys asked for, enjoy it and stop complaining.

Oga, what are you saying? the South East voted massively for Jonathan unless you meant the South West.

leokid866:
what about the innocent people who died because they fell I'll and could not get to the hospital on time because endsars people blocked road? where is their justice going to come from? while running a girl was runover by her fellow protester and died, where is her justice going to come from? you have nothing to do with the protest but the one structure that we do have you are bashing.......Oga sit down please.....there's an undertone of bias in your write up.

Funny you, I am certain you didn't read my reply properly, and if you claim you did then you clearly didn't understand it.

I was telling him that justice doesn't need to come from a mystical being, it can only come from a functional and independent judiciary system.
If the judiciary was functional none of these, including the protest wouldn't have taken place at all because the erring parties would have been tried by the court.

Harbeeorlar:
And where did he quote you?

Comprehend. Learn to understand and get the context of an argument before replying, I said if he was to quote me after my reply to his submission, he should make use of his senses.

luluman:
Why don't you just shut up then.

Clown, see him mouth like "why don't you just shut up then". "Amelikana" wanna be, alaye don't be unfortunate this morning because I will put you in your place.