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  • UK Bans Cryptocurrency Exchange Binance

    UK Bans Cryptocurrency Exchange Binance

    The UK’s finance watchdog has banned major cryptocurrency exchange Binance from regulated trading in Britain, as the industry faces greater global scrutiny.

    Binance Markets Limited, part of Binance Group, is “not permitted to undertake any regulated activity in the UK”, the Financial Conduct Authority (FCA) said in a statement published over the weekend.

    The ban affects options and futures contracts related to bets on price movements of cryptocurrencies.

    However purchases of cryptocurrency units, such as of bitcoin and dogecoin, can continue since they are not regarded as financial products and are therefore not regulated.

    Binance Group tweeted that the FCA move would have “no direct impact”.

    Founded in China four years ago, Binance is one of the world’s two biggest crypto exchanges along with Coinbase in the United States.

    Cryptocurrencies have long sparked concern among central banks and regulators alike, because of their lack of oversight.

    The FCA has meanwhile warned consumers once more not to be lured by promises of high returns.

    Bitcoin traders shrugged off the weekend developments, sending the virtual unit up 5.47 percent to $33,981 in Monday deals.

    The unit has however slumped in recent weeks after China launched a crackdown on the industry.

    Bitcoin had hit a record near $65,000 in April on the back of runaway demand.

    Laith Khalaf, financial analyst at stockbroker AJ Bell, said that tighter regulation was a consequence of this boom.

    “Cryptocurrency is a victim of its own success because regulators across the globe are increasingly turning their beady eyes on crypto assets — and companies like Binance that offer crypto services to consumers.

    “This isn’t a step change in regulation which is going to knock the crypto craze on the head, but it is part of a growing trend of regulatory intervention in crypto markets.”

    AFP

  • Kaduna: No Going Back On Sack Of Civil Servants, El-Rufai Tells Buhari

    Kaduna: No Going Back On Sack Of Civil Servants, El-Rufai Tells Buhari

    Governor Nasir El-Rufai of Kaduna state says he has provided a comprehensive briefing to President Muhammadu Buhari on the rightsizing policy of the state State Government and the steps taken so far to implement it.

    The governor said that Kaduna State will seek accountability for the actions of the Nigeria Labour Congress in the state by setting up a Judicial Commission of Inquiry into the NLC strike and protest of May 2021.

    In a statement issued by his Special Adviser on Media and Communication, Mr Muyiwa Adekeye, on Sunday, El-Rufai explains that the Kaduna state government is hiring over 10,000 staff because rightsizing obliges the government to continuous recruitment of teachers, doctors, nurses and other qualified staff to provide vital services.

    The Governor says he assures President Buhari that Kaduna state government is determined not to allow a repeat of the pains, economic losses and the restraints of freedom that the NLC inflicted on the people of Kaduna State..

    Recalling the reconciliation meeting between Kaduna state government officials and the NLC held in Abuja on May 20th, El-Rufai explains that the state Executive council has already communicated to the minister of Labour that it cannot approve the agreements reached at the meeting between the state government and the NLC pertaining its rightsizing policy.

    Alluding to the NLC’s renewed threat of strike action, the statement said that the NLC has demonstrated that it does not even believe in equality among its own members by describing the transfer of one Kaduna state employee to a place where other civil servants are serving as victimisation.

    “It is trite that an MoU is not a legally-binding document. The content of the MoU shows that there is no congruence between the progressive aspirations of the Kaduna State Government and the misguided sense of entitlement of the NLC which does not even believe in equality amongst its own members.

    “KDSG employees are serving with dedication in Birnin-Gwari Local Government Area, amidst all the challenges. Yet, the NLC describes the transfer of one KDSG employee to Birnin-Gwari LGA as victimisation, as if other staff who have been loyally serving in the same area are lesser humans or permanent victims. KDSG rejects this unfair denigration of the very people that the transferred employee claims to lead.”

    KDSG stated that “it is improper to describe the routine application of public service rules and labour regulations by a government as victimisation” and asked the federal Ministry of Labour to reconsider permitting such slurs in documents prepared under its auspices.

    “Union membership or accession to a leadership position in a union does not grant immunity to an employee for his/her actions and conduct or exempt them from compliance with the laws that govern everyone else.

    “There are procedures that need to be followed to make a strike action legal, and the kind of conduct permissible during legitimate strike action is also bound by law. Lawful strike action still subjects strikers to the no-work, no-pay rule. How then can unlawful strike action be expected to be without consequences, as spelt out in the relevant laws and regulations?”

    The statement said that the dominant theme in the KDSG statement at the conciliation meeting was the state government’s rejection of the criminal actions that defined the NLC’s actions. “It was notable that the NLC delegation was eager for the discourse not to dwell on their violations of laws prohibiting the disruption of essential services and their recourse to coercion and restraints to the freedom of citizens. But these are matters that cannot be ignored or swept under the carpet, since unlawful actions that have come to be accepted as part and parcel of strike action remain unlawful.’’

    The Statement reiterates that “Kaduna State Government has not yet disengaged any state civil servant but has dispensed with the services of 99 political appointees so far.” Only the 23 local government councils and the agencies associated with the local government system such as SUBEB and the Primary Health Care Board have released staff.

    Noting that “rightsizing is about getting the optimal number of persons with the requisite skills to staff the public service,” the statement added that as it is releasing lesser skilled staff, the KDSG is engaged in continuous recruitment of teachers, doctors, nurses and other health workers to provide vital services for citizens. “More than 10,000 such workers, including 7,600 secondary school teachers are being injected into the public service.”

    The statement explained that its commitment to fair assessment of the credentials of all officers shows in the painstaking approach to the rightsizing exercise for state civil servants. It said that it is only after the completion of the verification process that KDSG will “release any civil servant that is confirmed not to possess the minimum qualifications prescribed in 2017 as one of the outcomes of the state’s Public Service Revitalization and Renewal Programme.’’

    The statement appealed “for the continued patience and understanding of all citizens as steps are being taken for the fair conclusion of this exercise.”

  • Student shot dead in a protest over tuition hike in Kaduna

    Student shot dead in a protest over tuition hike in Kaduna

    By Gabriel Udeh,, KADUNA

    A student of College of Education Gidan Waya, Kaduna state has been reportedly shot dead.
    Reports said he was shot dead on Monday during students protest over hike in school fees in Jema’a Local Government Area of the State,

    It was gathered that the deceased had joined his colleagues, who were protesting a hike in school fees when security operatives shot him in attempted to disperse them forcefully.

    The state Police Spokesman, ASP Mohammad Jalige, could mot confirm the incident when contacted.

  • CJN Swears-In 18 Court Of Appeal Judges

    CJN Swears-In 18 Court Of Appeal Judges

    The Chief Justice of Nigeria, Ibrahim Tanko Muhammad on Monday swore in 18 judges to the Court of Appeal.

    Addressing the newly-sworn judges, Justice Tanko asked the judges to conduct their affairs within the ambit of the law and the oath of office administered on them.

    He reminded them that all eyes were on them and that they should avoid temptations, as their integrity was key.

    According to the CJN, there is nothing that is done in secret that will not see the light of day.

    He said the judges must give a good conduct of themselves, be fair and just, to justify their elevation to the position of Court of Appeal judges

    “Many high profile cases will definitely come to you on appeal,” the Chief Judge said. “They may likely come in company of some juicy, irresistible temptations, but I am making it bold and clear that you must flee from such disguised danger.

    “Your reputation and integrity must match and count enormously in your rise to honour and fame in life.

    “Keep your head above the murky waters of corruption, so that you can conveniently be counted among the very best in the Nigerian judiciary.”

  • Governor Lalong Harps On Integrity As Another Plateau Judge Rises To The Court Of Appeal

    Governor Lalong Harps On Integrity As Another Plateau Judge Rises To The Court Of Appeal

    Plateau State Governor Simon Bako Lalong has advised newly sworn in Justices of the Court of Appeal to continue to uphold justice and avoid any act that can tarnish their image and that of the Judiciary. 

    Governor Lalong was speaking shortly after witnessing the swearing in of Judges of the Court of Appeal at the Supreme Court Complex in Abuja. 

    Lalong expressed delight on the appointment and swearing in of the Justices of the Court of Appeal including a Judge of Plateau State High Court Justice Muhammad Ibrahim Sirajo. 

    Governor Lalong described the elevation of Justice Sirajo as well deserved because he has distinguished himself in the Judiciary over the years. 

    He said having risen from through the ranks to be called to serve at the second highest court in the land, Justice Sirajo sustained his profile as a firm, fair, fearless and honest Judge who has dispensed justice to all manner of people according to the law and good conscience. 

    Lalong also said the reform of the Judiciary will continue to demand serious engagement and action between members of the Bar and Bench as well as other Nigerians who must submit to the rule of law and democratic tenets. 

    The Governor advised younger lawyers to adhere to the to the ethics of the profession at all times. 

  • Decamping Into APC Is A Boost To Nigeria’s Democracy – Dr. Saleh Wailare

    Decamping Into APC Is A Boost To Nigeria’s Democracy – Dr. Saleh Wailare

    By Jabiru Hassan, Kano.

    Nigeria’s democracy is getting more progress nowadays when politicians remain more concerns about the ruling party especially where more big figures making move to decamp into the party.

    This was disclosed by an APC stalwart from Dambatta and Makoda federal constituency while reacting to the recent decampings by the Zamfara state governor Matawalle and other prominent persons across the country.

    He lamented that Nigeria’s democracy is now boosting because everybody accepts that APC is the best political party that cares about the people of all categories, where he assured that the party’s manifestos remained human angled choice at both rural and urban areas.

    ” I am of the opinion that All progressive Congress is the best party that embraced everybody and that is why almost every concerned citizens supports the party, and from what is happening, APC is loved by the majority of Nigeria’s citizens for it’s determination to restore viable domocratic activities that are of important to the electorates”. He added.

    Dr. Saleh Musa Wailare disclosed that the decampings of the former kano state governorship candidate, Salihu Sagir Takai is a testimony that APC is a trusted political party and always ready to promotes peace and development to the people with best results.

    Dr Wailare disclosed thà Takai is a good leader who thinks over before he acts, that is one of the reasons that his political career would continue to be passionate with huge crowd of supporters, and praised the former commissioner and governorship candidate for joining the best and safe journey in the Nigeria’s politics.

    He finally welcomed those who decamped from thee parties for their commitments to the service of the humanity, and thanked his Excellency the executive governor of Kano state for his transparent leadership style in Kano state that is being enjoyed.

  • Mining: Governor Ishaku Calls For Constitution Review

    Mining: Governor Ishaku Calls For Constitution Review

    Taraba state Governor Darius Ishaku has called for constitutional review as it concerns mining rights.

    Mining is currently mostly under the Federal Government’s control under the law, but the Governor believes the exclusivity is worrisome and should be reviewed to promote development of the sector.

    According to him, Governors across the country have proffered solutions to the Federal government in order to have a win-win situation, but the Federal Government has paid deaf ears to their suggestions.

    The Governor made the comment while inaugurating the Governing Council of the Taraba State College of Agriculture at the Government House in Jalingo on Saturday.

    “The mineral that is below the ground belongs to the Federal Government, but I have the right on the surface of the ground,” he said. “So how do you go under the ground without calling on the landowner to access it?

    “That is the crux of the matter. And it hasn’t been resolved. The exclusivity of mining to the Federal Government is one of those things that people who are calling for the review of the constitution, among the several.

    “So we find ourselves in this tight corner. Some of us have proffered so many solutions, as to how we can go about this to achieving a win-win solution for both the federal and state governments.”

  • Ogoni people want FG to build contaminated soil management center

    Ogoni people want FG to build contaminated soil management center

     Ogoni Liberation Initiative on Monday called on the Federal Government to build a contaminated soil management centre of excellence in Ogoni land in Rivers.

    It said in a 24-point communiqué issued at the end of a summit held last weekend that the decayed and polluted Ogoni environment should be comprehensively cleaned up, restored and continually managed to stem further degradation.

    “Decades of spills and pollutions caused by oil exploration and exploitation have impacted negatively on our people and there should, therefore, be a health audit in Ogoni land and consequent establishment of medical research institute there.

    “Ogoni people are ready to participate in all forms of business with the state and Federal Government as well as international corporations for the development of our land, provided the businesses are anchored on Ogoni development,’’ the communiqué stated.

    Our correspondent reports that the summit, tagged: “Ogoni Economic Recovery, Industrial Development and Investments’’ had investors’ representatives from Nigeria, Kuwait, Turkey, Dubai, the United states of America, Canada, Japan in attendance.

    It was held at Bori in Ogoni land.

    Before the communiqué was issued, Mr Steven Barreru, who spoke on behalf of the team of investors. said those polluting the environment anywhere were committing crime and should be punished.

    He said the team was interested in starting with the provision of potable water in Ogoni land and would immediately sink potable water wells in each community.

    He added that the team would also train Ogoni youths in different skills, improve on health and recreational facilities and requested the support of Ogoni people to actualise the projects.

    In his contribution, King Godwin Giniwa, leader of Supreme Council of Ogoni Traditional Rulers of Ogoni kingdom, commended the team of global investors for their plans and pledged the support of Ogoni people.

    Giniwa who is also the Gbenemene of Tai Kingdom, assured the team of safety and peaceful environment and urged Ogoni youths to also support the team for the development of Ogoni land.

    The Gbenemene also received a boat gift from a Yousef Ahmod, from Kuwait.

    In another address, SP Bako Angbashim, the Divisional Police Officer in Bori urged Ogoni youths involved in criminal activities to surrender their arms and embrace peace, saying they should cooperate with the investors to develop Ogoni land. 

  • NANS meets Gumi, seeks release of abducted Student

    NANS meets Gumi, seeks release of abducted Student

    The National Association of Nigerian Students has said it met with controversial Islamic cleric, Sheikh Ahmad Gumi, to seek the release of hundreds of abducted students all over the country.

    NANS President, Sunday Asefon, made this known in a statement on Monday titled, ‘Safe And Secure School; NANS Meets Sheik Gumi’.

    Asefon said, “I led the leadership of NANS to meet with Sheik Ahmed Gumi in Kaduna yesterday (Sunday). Our discussion centred on actions and efforts to ensure the safety and security of Nigerian students on all campuses and the release of innocent students in the captivity of their abductors.

    “We extracted commitment on continuous dialogue for the release of students in captivity and all-round efforts to ensure schools become safer so that our students can be free from the fear and trauma of kidnapping.

    “We must leave no stone unturned until our schools are free again. We will continue to engage and dialogue with stakeholders to ensure school safety.”

    Gumi has been seen hobnobbing with bandits and kidnappers while calling on the government to also grant them blanket amnesty. The cleric, who said bandits are fighting an ethnic war, also recently recommended the establishment of special courts to try bandits and kidnappers but many Nigerians have since flayed the cleric for being complicitous with the bandits.

    Gumi came to prominence as the abduction of students rose across the country. Non-state actors had in the past abducted hundreds of students from Kagara, Niger State; Kankara in Katsina; Jangebe in Zamfara State; Chibok, in Borno State; and Dapchi in Yobe State, amongst other mass and sad abductions.

    Recently, gun-wielding bandits abducted over 200 pupils from an Islamiyya school located at Tegina in the Rafi Local Government Area of Niger State.

    Bandits have also abducted scores of students of the Federal College of Forestry Mechanisation, Afaka; as well as Greenfield University, both in Kaduna State. While some of the students were released after millions of ransom were paid, some students didn’t make it out alive.

    Kidnapping has become a sordid menace and a lucrative ‘enterprise’ in Nigeria as the West African nation’s security situation worsens.

    Aside from the kidnapping of students from schools, hundreds of Nigerians have also fallen victims to kidnappers in recent times and their families have had to part with millions of naira to secure their release after days or even weeks of excruciating pains and agony. Some families have not been so lucky, however, as the daredevil kidnappers rape and kill their victims even after receiving ransom.

    Aside from the payment of ransom, the condemnable venture feeds a growing illicit trade in illegal organ trafficking. Kidnappers also sometimes use their victims for ritual purpose.

    The Senate has proposed a bill seeking to prohibit the payment and receipt of ransom for the release of any person kidnapped, imprisoned or wrongfully confined.

    According to the bill, Nigerians who pay ransom to kidnappers and kidnappers who receive ransom risk 15 years imprisonment.

    But many Nigerians including human rights activist, Femi Falana, SAN, have flayed the upper chamber and described the bill as stupid. They noted that the National Assembly should instead focus on ensuring they make laws that guarantee adequate security for every Nigerian.

  • Freedom cannot stand against rule of law

    Freedom cannot stand against rule of law

    By Zhong Sheng, People’s Daily

    The collapse of Apple Daily is a response to the call of justice, common aspiration, and market demand.

    Since the Hong Kong-based tabloid repeatedly violated law and morality, its operator and employees were punished by laws. Besides, its poor management also contributed a key reason for its closure.

    However, some politicians from a few Western countries are unwilling to accept the failure of the anti-China organization they have supported. Under the disguise of the slogan “freedom of press,” they called defiance to justice and law as a “basic freedom,” trying to set roadblocks for Hong Kong’s rule of law.

    What they have done is a blatant interference in Hong Kong affairs and China’s domestic affairs. We must solemnly point out that their practices have seriously violated international laws and the basic norms governing international relations are firmly opposed by all Chinese people and all the people in the world that uphold justice and impartiality.

    Hong Kong is a law-based society where anti-China forces are never tolerated. The rhetoric slogan “freedoms of press and speech” used by some politicians from a few Western countries is never a shield that absolves them from their wrongful practices of encouraging people to undermine economic and social order and national security. It is perfectly justified to ensure that laws are observed and strictly enforced and that anyone who violates the law will be bring to justice.

    Hong Kong citizens demand economic and social orders to be protected in accordance with the law, and they support the consolidation and improvement of the “one country, two systems” principle with legislation, in order to promote the stability and prosperity of the region. It is a mainstream public willingness, and not something that can be neglected by some biased politicians in a few Western countries.

    For a while, these politicians have been pointing fingers at Hong Kong affairs and China’s domestic affairs, oppressing China with the “Hong Kong” card. However, what’s underneath the cover of the slogan “freedoms of press and speech” is their true intention to undermine Hong Kong’s rule of law. They are neither willing to accept the reality that turmoil in yesterday’s Hong Kong has now been conquered by rule of law, nor to see a prosperous future in the region.

    In the early days of the Apple Daily, they expanded their sales by speculation, even at the cost of transgressing. Its paparazzi frequently peeked into the privacy of celebrities, which accumulated huge controversy. It has long been accused of defamation, spreading fake news and personal abuse by Hong Kong citizens. In 2019, it published a series of false reports to instigate public sentiment, that seriously undermined the rule of law of Hong Kong and the security of citizens.

    A staff from a Hong Kong-based non-governmental organization that unmasks the fake news by Apple Daily noted that the newspaper has always been fabricating fake news in name of “freedom of press” to incite the young generation to go against laws, and oppose their country and government. It has also conducted illegal deals in collusion with foreign forces, according to the staff member, that accelerated its inevitable collapse. Legal professions in Hong Kong have also called to take legal actions against the newspaper many times.

    Is there any country or region in the world where news and speeches can freely go against rule of laws? Some politicians from a few Western countries should seriously retrospect the laws in their countries.

    The U.S. Constitution clearly forbids remarks on rumors, obscenity, terror and hatred, and there are specialized organizations under the U.S. government to monitor the media. The Federal Communications Commission of the U.S. is an organization that licenses American radio and TV stations and regulates their programs. The Supreme Court of the U.S. once noted that freedoms of speech and press do not permit a State to forbid advocacy of the use of force or of law violation except where such advocacy is directed to inciting or producing imminent lawless action and is likely to incite or produce such action.

    In Germany, those who deny the Holocaust or incite hatred against certain ethnic groups can be sentenced to five years in prison at most. Social media platforms must timely respond to users’ complaints about illegal remarks and delete or block such remarks as appropriate. Those who fail to do so might face huge fines.

    In France, those who hurt fundamental national interests, incite crimes, slander and spread fake news through media will be punished by laws.

    Freedom cannot stand against rule of law. All fingers pointing on the case of Apple Daily by some politicians from a few Western countries exposed their double standard, as well as a lack of precise understanding of the reality and the mainstream willingness.

    Hong Kong has returned to the motherland for 24 years. “Patriots governing Hong Kong” is a common aspiration of the people and conforms to the trend of the times. Some politicians from a few Western countries trying to contain China with the “Hong Kong card” and double standard will only fail in the end.

    (Zhong Sheng is a pen name often used by People’s Daily to express its views on foreign policy.)