₦airaland Forum

As Nigerians join their counterparts from across the world to celebrate the Eid-el-Kabir festivities, President Bola Tinubu has assured citizens that he is “working day and night” to solve the myriads of challenges facing the country.

Tinubu, in a statement he personally signed on Tuesday, said that the decisions taken so far by his administration will “reform our economy and remove all impediments to growth”.

“At the moment, our country is going through some challenges, especially with our struggling economy and simmering security challenges,” the President stated.

“While I acknowledge all of these, I want to assure you that they are not insurmountable. I am working day and night with my team, fleshing out solutions. We have started with the decisions taken so far, to reform our economy and remove all impediments to growth.

“As we embrace the present challenges, we must face the future with vigour and Renewed Hope with the confidence that our tomorrow shall be better and brighter.”

The President also asked Nigerians to remember the less privileged while celebrating.

Tinubu is scheduled to join fellow Muslim faithful for the Eid prayers on Wednesday at the Obalende Eid Prayer Ground, located at Dodan Barracks, the former seat of the Nigerian government.

The President returned to Nigeria on Tuesday after a five-day trip to France starting June 22, 2023.

After the two-day summit, the President proceeded to London, United Kingdom, for a “short private visit”, his spokesman, Dele Alake, said in a statement last Saturday, hinting that his principal will be back in Nigeria for the Eid-el-Kabir festivities on June 28 and 29, 2023.In a statement upon his arrival, the President thanked Nigerians for the overwhelming reception accorded him in Lagos.

Tinubu conveyed his best wishes to all Nigerians during the Eid-el-Kabir celebrations.

See the full goodwill message HERE

A witness, Dayo Israel, who appeared before the Lagos State Governorship Election Petition Tribunal on Tuesday has revealed that the Lagos State Governor, Babajide Sanwo-Olu, and his wife, Ibijoke, were allowed to cast their votes despite having invalid voter cards in the March 18 governorship election.

Israel, who served as an agent for the Labour Party for Unit 006, Ward 15, Lagos Island Local Government, provided this testimony as part of the petition filed by the Labour Party’s candidate, Gbadebo Rhodes-Vivour, seeking to nullify Governor Sanwo-Olu’s return.

The witness told the court that he observed the card reader indicating that Sanwo-Olu and his wife had invalid cards, yet they were still permitted to vote, which he considered a violation of the Independent National Electoral Commission’s electoral process.

“I observed that the card reader showed their cards to be invalid but Sanwo-Olu and his wife were allowed to cast their votes and this is against INEC’s electoral process,” he said.

Under cross-examination from counsel to INEC, Charles Edosomwan, Israel alleged that he was beaten up by All Progressives Congress supporters on election day.

He claimed to have recognised them as APC supporters based on their language and stated that they threatened to beat up voters who did not vote for the APC.

He said, “I am not a member of the Labour Party, but I was assigned as an agent. When the APC thugs recognised me as an LP agent, they beat me up. They also said if voters did not vote for APC, they would beat them too.”

Israel further described the incident, stating that four individuals attacked him during the casting of votes, but he managed to escape, changed his clothes to disguise himself, and returned to monitor the vote counting.

The witness also highlighted cases of multiple voting at the polling unit, noting that INEC officials failed to intervene despite witnessing the irregularities.

The hearing on the petition has been adjourned until July 3, when the proceedings will continue.

SOURCE

Gbese!

The World Bank has approved a fresh $500 million loan for Nigeria to help improve the livelihood of women in Nigeria.

Disclosing this in a statement, the World Bank said, “The World Bank has approved $500 million for Nigeria for Women Program Scale Up (NFWP-SU). The scale-up financing will further support the government of Nigeria to invest in improving the livelihoods of women in Nigeria.

“The NFWP-SU will help to ensure better economic opportunities for women which is essential for addressing gender inequality; guaranteeing better education, health, and nutrition outcomes for families; and building women’s and communities’ resilience to climate change.” See Full Details

My pipo, so na so so borrow borrow we go dey borrow? Abeg shook mouth for dis mata.

•Customs raise exchange rate from N422/$ to N589/$, operators kick as import duties jump

•Economists berate FG, say policy will cause job loss, impoverish Nigerians, worsen hardships

The Central Bank of Nigeria and the Nigeria Customs Service have taken the ongoing foreign exchange reforms to the maritime sector with a 40 per cent increase in the exchange rate used for calculating import duty.

The NCS on Saturday raised the exchange rate used for the calculation of import duty from N422.30/dollar to N589/dollar.

The development, which has led to a corresponding 40 per cent increase in import duty on imported cargoes including vehicles, has angered operators in the maritime sector with clearing agents, freight forwarders, and importers calling for an immediate reversal of the policy.

Stakeholders said the policy would lead to job losses in the maritime sector and a drastic fall in the number of imported vehicles... Source

All football lovers gather here, let's talk.

In the news, three English Premier League giants are already negotiating for Victor Osimhen, just as the topic reads.

What club do you think will be best for Osimhen?

If you say Man-U, state your reasons. If you say Chelsea, state your reasons and if you say Liverpool, also state your reasons.

Over to football experts.

duro4chang:
Something you put on the net for everyone to see is mo more privacy. Infact it is a good step.

That's true but we should not forget that all of those information are not tied to our accounts. Moreover, they have lots of our details already.

YinkaOlusesi16:
Nice one, now all of us go dey on social media, even aboki's & shoe maker.

But you think say this policy go affect that aboki like the way wey e go affect evri other persin? because e be like say those guys dey special for govment hand oo.

funshint:
This is intrusion of privacy.....what of people that don't have any social media engagement?

I thought as much. I think the government only want what they can do to have total control of our lives. I as much as it benefits them, It is ok - without minding how the policies affects us.

The Central Bank of Nigeria (CBN) has released its Customer Due Diligence Regulations 2023 or financial institutions under its regulatory purview as it takes a decisive stance against financial crimes.

The CBN’s latest move aims to bolster compliance with anti-money laundering (AML) and counter-terrorism financing (CFT) provisions while aligning with international best practices.

In an effort to enhance the accuracy and depth of customer identification, the CBN has made it mandatory for financial institutions to collect and verify customers’ social media handles as part of their Know Your Customer (KYC) requirements. FULL DETAILS HERE

Now, Wetin Una think? Abeg say your mind.

joinnow:
IMF said they should not try it. If they still go ahead it will backfire.
Why is IMF against it?

I think this is a concern too.

It has been on the news that Nigeria is planning to launch its own cryptocurrency in October. This is after the firm ban the operations and use of cryptocurrency in the country.

My questions are:
What are your thoughts on this issue?
Do you think it's a good idea for a crypto to be controlled by the central bank?
what will this mean to the decentralized nature of cryptocurrencies?

progoh:
The story is everywhere, but this cryptocurrency website reported it differently.

See their report: https://www.cryptoinformers.info/news/10421-nigerian-efcc-arrested-19-bluekeycoin-team-members-over-alleged-57m-fraud

I really do not understand how reporters are miss leading people in this country, If you go through the report by this website, you will discover that there is different reason why EFCC arrested the staff. For instance, this part of the report:

"EFCC is investigating the company to find out if they are operating in accordance with the information provided to Corporate Affairs Commission (CAC) during registration in Nigeria"

The company reportedly registered as Software Development and General Contracting Firm without any license from the Central Bank of Nigeria and the Nigerian Security and Exchange Commission (SEC) to operate financial system.

This shows that the office was invaded because of noncompliance issue not scam, reason being that the company did not register as a financial institution but it is carrying on financial services, that is the reason for the invasion, but our local media are miss leading us by trying to make us believe the company scammed their investors.

In the real sense of it, the company has not shut down their services yet they tagged them scammers, the only thing I see there is the unusual return of investment.

The story is everywhere, but this cryptocurrency website reported it differently.

See their report: https://www.cryptoinformers.info/news/10421-nigerian-efcc-arrested-19-bluekeycoin-team-members-over-alleged-57m-fraud

The Nigerian Economic and Financial Crime Commission (EFCC) has arrested 19 team members of cryptocurrency start-up Bluekey Technologies Limited, owners of Bluekey Coin over alleged N2 billion (worth $5.7M) scam.

Cryptoinformers learnt that the Port Harcourt Zone of EFCC invaded the start-up's office located at Sonia Mall, 42 Worji Road, YKC Junction, Port Harcourt on Aug. 30, and arrested 19 staff, taking their laptops and about $1300 along with some documents.

Spokesman of the agency Wilson Uwujaren disclosed the information in a statement at the country's capital Abuja, saying “19 members of staff of the company were rounded up on Friday, August 30, 2019 in Port Harcourt."

One of the sources familiar with the story who would not want their names to be mentioned told Cryptoinformers that there is no need for people to panic, claiming that:

"EFCC is investigating the company to find out if they are operating in accordance with the information provided to Corporate Affairs Commission (CAC) during registration in Nigeria"

The company reportedly registered as Software Development and General Contracting Firm without any license from the Central Bank of Nigeria and the SEC to operate financial system.

A source told us that the company concluded their initial coin offering (ICO) in the second quarter of 2019, as at then, the company claims that "at no distant time" their investments will double

Apart from having the Bluekey Coin, the company reportedly runs an investment subsidiary Bluekey Forex, which deals on forex trading where it gives investors 10% of their investment on weekly basis in duration of 26 weeks or six months, after which investors will be given back their capital.

According to the company's website, Bluekey Investment Limited offers services which include Bluekey Hedge, Bluekey Forex, Bluekey Mobile Wallet, Bluekey Exchange, among others.

GRC EXCHANGERS: is a group is created to help strengthen the GREYCOIN (GRC) in the coin market through peer-peer exchange for Naira by its members. For GRC to increase in value, its all in our hands. Join us let's build it together.

GRC EXCHANGERS
Link below:
https:///joinchat/AAAAAERYSTG0PRkVT9QL7Q

Note: You must be a Givers Forum member to participate

The mining website to be launched soon. Already in pre-launch mode.

Let's build our Coin!

People need to be careful here.... Some people don't even have any grey coin to sell, They just want to scam people. A friend of mine almost got scammed by some guy who claimed to have 2m grey coin at a give away price of 500k, I told my friend not be a victim that we should request instant screen shot of his account while we were still on whatsapp chat and we did, He said he will do it in 10mins time, guys you can't believe that it took the guy over 24hrs before he was able to Photoshop an account.

So please watch your back. Don't be a victim.
I will advise that if you want to buy greycoin, only buy from people you know, or if there is exchange site, you can also buy. But however, get it now that it is cheap.

Currently the only place I have confirm they sell it, is giversmall, though one can still get scammed.

Thanks for reading.. Just an advise from experience.

It was unbeleiveable to me when I saw this post that Drake Spent Bag Full of $ Dollars on Strippers on twitter, Untill I saw pictures telling the story on a blog. The question is does it mean Drake has made too much money or what?. how could he spend those kind of money just for strippers? men this is bush shit!

see more photos in http://aftereffet..com/2013/03/drake-spent-bag-full-of-dollars-on.html

Every day people are ban from posting on Nairaland. Some asked why am I banned? Yes! you are ban because you fail to listen to simple instruction. If you want to creat a topic, or post, if you see warning: Please do not post adverts in this section, to avoid being banned. Please do according to instrution.
Any more info? add it here

may be because of they are the ones rating them and if you are also chance to do that I think you will like to bring your first.