BINANCE FALSE CLAIM ON BRIBERY DIVERSIONARY . (PHOTO). #PRESS RELEASE.

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 FEDERAL MINISTRY OF INFORMATION AND NATIONAL ORIENTATION  PRESS STATEMENT  BINANCE FALSE CLAIM ON BRIBERY DIVERSIONARY  The Federal Government of Nigeria is aware of attempts by Binance to launder its impaired image as an organisation that does not play by the rules and laws guiding business conduct in sovereign nations. In a blog post that has now been published by many international media organisations, in an apparent well-coordinated public relations effort, Binance Chief Executive Officer Richard Teng made false allegations of bribery against unidentified Nigerian government officials who he claimed demanded $150m in cryptocurrency payments to resolve the ongoing criminal investigation against the company.  This claim by Binance CEO lacks any iota of substance. It is nothing but a diversionary tactic and an attempted act of blackmail by a company desperate to obfuscate the grievous criminal charges it is facing in Nigeria. The facts of this matter remain that Binance is being inve

SENATE TO AMEND 2022 ELECTORAL ACT, MAKE ELECTORAL TRANSMISSION OF RESULTS, DIASPORA VOTING, OTHERS MANDATORY. (PHOTO).



Senate To Amend 2022 Electoral Act, Make Electronic Transmission Of Result, Diaspora Voting, Others Mandatory


October 22, 2023


The Nigerian Senate is set to amend the 2022 Electoral Act to allow for diaspora voting, at least for presidential elections, to enable citizens to vote, especially those on essential service abroad, such as military, paramilitary, and other security personnel abroad, Embassy staff, and other citizens.


This was contained in a communiqué issued by the senate at the end of its retreat in Ikot Ekpene, Akwa-Ibom State.


The new amendment will make electronic transmission of results mandatory, allow uploading of polling unit-level results and result sheets used at different levels of result collation and allow for diaspora voting, at least for presidential elections.


The Senate noted that it was necessary for the Independent National Electoral Commission to be unbundled to improve its efficiency and effectiveness in the preparation and conduct of elections.


The communiqué stated, “Relating to the use of technology in elections, remove the ambiguity evident in Section 64 of the EA22.


“Also, make electronic transmission of results mandatory from the next general elections in 2027, including the uploading of polling unit-level results and result sheets used at different levels of result collation.


“Introduce diaspora voting, at least for presidential elections, to enable citizens to vote, especially those on essential service abroad, such as military, paramilitary, and other security personnel abroad, Embassy staff, and other citizens.


“Relating to political parties; stipulate sanctions for failure to submit the register of party members not later than 30 days before the date of party primaries, congresses, or conventions in relation to Section 77(3) EA22, which the political parties have observed in the breach in the 2023 elections without penalty.”


The 10th Senate further noted that it was time to develop and enact a comprehensive national security strategy that outlines the nation’s security objectives, threats, and policy priorities.


The Red Chamber added that such a strategy could serve as a guiding framework for legislative action in the security sector.


The strategy it noted would, “Address the root causes of terrorism/banditry, which is often driven by poverty, inequality, and a lack of opportunity.


“Promote community policing and engagement to identify and prevent terrorist attacks. The government should also work with civil society organizations and local/ traditional communities to identify and address security concerns. “


The Senate added that it would, “ Establish independent oversight mechanisms for the security sector. These mechanisms can help to investigate allegations of abuse and corruption and to ensure that security forces are accountable to the law.”


The Senate further agreed that legislative engagement and oversight in Nigeria’s security sector can be significantly bolstered through comprehensive legislative reforms.


“These reforms are essential for ensuring that the legislative branch is equipped with the necessary tools and mechanisms to fulfill its critical role in security sector reform,” it explained.


The Senate concluded that “The periodic engagement of the National Assembly with the security chiefs for adequate briefing. There is a need for the Senate President and the Speaker, House of Representatives to be part of the weekly security briefing that goes to the President.”


In a bid to salvage the economic situation of the country, the Senate has proposed the enactment of an Emergency Economic Intervention Bill.


It explained that “This will address critical socio-economic issues concerning foreign exchange management, tackling inflation, stimulating economic growth, and creating more jobs.


“Enforce consequences for violations of any provisions of the law regarding monetary and fiscal matters.


“This will require amendments to the relevant laws to ensure effective oversight and enforcement of the consequences, as the case may be.”


Also agreed was the “need for legislation that clearly defines the taxing rights of the three levels of government.

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