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Forget former Speaker Nancy Pelosi. Forget Representative Adam Schiff. I’m Trump’s enemy within. I accept it as a badge of honour.

Lucky you if you are not one of us. I envy you.

Maybe you are not one of us today. But you will definitely join our ranks tomorrow. It is just a matter of time.

You will join us when you feel he has gone too far. And you show any desire for a bit of restraint, just a tiny bit. He will see your repulsion for his excesses as a sign of weakness.

 

You will get this “enemy within” badge of honour when you think enough is enough. It will happen when you disagree with any aspect of his vision of America.

He wants to use the military to intimidate me. He will try. Some of you will cheer him on. Some of you will make excuses for him. And some will explain away his stab at the heart of the American creed. But he will not win.

He won’t win because he does not know the US military. He sees the commissioned officers. He does not see the non-commissioned officers like us. We obey the commander-in-chief’s orders under one condition – that it does not go against the Constitution of the United States of America, which we swore to defend.

 

I bet you he doesn’t know that part. Nobody has told him that his power ends where the power of the Constitution starts.

We will tell him when the time comes.

Forget the Haitians and the insult he threw at them about eating dogs, cats, and pets. Forget the Congolese he accused of sneaking out of their prisons in Kinshasa and entering a raft for a 10,000-kilometer journey to the United States. Forget the Venezuelans he accused of taking over estates in the suburbs. Forget the Porto Ricans, whom his people at their love fest at Madison Square Garden in New York said came from “an island of floating garbage.” I’m on Trump’s list of those poisoning the blood of America.

He will want to deport me. He will want to deport you. He will want to deport any of us whose ancestors came not from his grandfather’s part of Europe. He will try, but he cannot wipe off our footprints on the beaches of Virginia.

 

He will try to separate the air we breathe in and out from the stream of American air, but the air will not obey him.

Let me be loud, just this time. I don’t want you to say nobody told you. I don’t want you to say that you didn’t hear.

The phenomenon of Trump is not a new character in America. We have seen characters like him before. And more are coming.

They typically crawl out of their dark holes during significant national changes and social and economic distress. They disappear when the sunshine reappears.

 

Trump has already changed America in more ways than we care to count. When the publishers of the Los Angeles Times and Washington Post newspapers fear endorsing a candidate in the US presidential election, you know this is no longer your grandfather’s America.

America will survive another four years of Trump.

 

The wound will heal. But the scars may never disappear. Like an ugly ring on the bark of a tree, it will remain a reminder to generations yet unborn of that time when Americans became so small they allowed fear to win.

History assures us that progress does not follow a straightforward path. Its road is zigzag. But in the end, humanity advances.

 

Like the stock market, we will survive the crashes and keep moving up. We will leave behind, inside abandoned graves, those who are allergic to change and the ones who defy the natural course of evolution.

One hundred years from now, the children and grandchildren of the Haitian people in Springfield, Ohio, who Trump accused of eating dogs, cats, and pets of the people who live there, will become governors in Ohio and presidents of the United States of America.

 

Americans living then will read stories of our time and shake their heads in disbelief. They will declare our era the Dark Ages.

So, fear not. You can be sure that we, the people, shall prevail in the end.

Rudolf Ogoo Okonkwo teaches post-colonial African history, Afrodiasporan literature, and African folktales at the School of Visual Arts in New York City. He is also the host of Dr. Damages Show. His books include “This American Life Sef” and “Children of a Retired God.” among others. His upcoming book is called “Why I’m Disappointed in Jesus.”

PTB, as those of us who firmly believe in his national assignment call Pastor Tunde Bakare, is a paragon of public morality. His involvement in politics since General Muhammadu Buhari nominated him as his vice-presidential candidate is a study in how a believer can and should practice ‘contact without contamination’, which he preaches and practices. His legendary feat as a strict and biblically accurate pastor and teacher is well known. His no-nonsense intolerance for any form or shape of extra-biblical practice in the church has caused very serious public fight within the Body of Christ, for which he is unapologetic.
 
Most Christians who get involved in politics get lost in the filth of corruption. PTB was the ONLY believer who participated in the 2023 presidential election and didn’t give any delegate a dime. There were other believers who paid bribes of several billions to delegates and still lost. His contribution to Christian values in Nigerian politics is unparalleled.
 
Let me lay out a few specific examples:
 
1. In 1991 or 1992, somebody sent a green Mercedes Benz 300 or 500 (popularly called the Shagari Model in those days) as a gift to him at the then Latter Rain Assembly, Akilo Street, Ikeja. I visited him one day and saw the car covered where it was parked. When I asked why he was not using it, his response was this: ‘I need to meet the person who sent it and ask him where he got the money from.’ The sender got angry and said it wasn’t his business where he got his money. PTB had the car returned. Later, the man was caught carrying drugs.
 
2. When his wife, the one we fondly called Mrs. B, turned 50, 14 years ago, the governor of Ogun state who has been his friend since secondary school days donated some money at the birthday party at Sheraton Hotel, Lagos. PTB asked him publicly if the money was from his personal account or public purse. It was only accepted when the governor announced that it was his personal money.
 
3. When Citadel’s construction started, PTB’s friend, President Muhammadu Buhari, donated N5M. PTB asked him if the money was from his pocket or taken from the public purse. Buhari was not amused. He promptly replied: “Pastor, I can personally afford this.” PTB made the contribution public in church along with their banters.
 
4. When PTB turned 60 years old in 2014, somebody in the Villa sent him a brand new 2015 Rolls Royce. He asked those who brought it: “Is this a gift any Nigerian who clocks 60 gets? They said no. How do I justify such a gift from the government?” They took back their gift.
 
5. Just before the 2015 elections, a bag with $850,000 dollars cash was hauled into his presidential suite at Transcorp Hotel, Abuja. This was when all kinds of
people, including religious leaders, Christians and Muslims; traditional rulers across the nation were receiving such dollar gifts. He turned it down.
 
6. During the 2023 primaries of the APC, there was dollar rain before, during and after the exercise at Eagle Square. Men were bought like fowls and goats in the market. Only PTB didn’t bribe any delegate or trade his candidature. Others, including those who were notable believers, paid out hundreds of millions of dollars to buy delegates. Some who traded their candidature and publicly announced they were stepping down were alleged to have received as much as $2m each. PTB stood up on that platform and announced he was not stepping down but stepping up.
7. It’s normal in our clime to use proximity to power for personal profit. Nothing particularly wrong if done properly. Till the day President Muhammadu Buhari left office, he lamented that PTB has not personally benefited from any government deal or largesse. About two years before the expiration of his presidency, the president attempted to give his friend a gift. PTB had just arrived in Abuja.
 
He came from Lagos with his lawyer, Tope Adebayo. Only the three of us were there that day. Not long afterwards, his phone rang. It was from Tunde Sabiu, the president’s nephew and personal assistant. He said the president had something for PTB. PTB sent his lawyer. Tope came back with an envelope. It was an offer of an oil block. Many would have jumped at it calling it divine supply. PTB went back to see his friend, the president, to thank him for the offer.
 
And then, he told him: “Thank you Mr. President but I cannot accept this gift. It will spoil my brand. Oil block is a national treasure and if I get it just because I’m the president’s friend, then it becomes morally indefensible. Thanks but no thanks.”  PTB has demonstrated beyond measure that he is a man of conviction of steel. There are more than two dozen incidents like this but each time, he overcame them, seeing them as a test of his character and his readiness to be a leader without greed and covetousness.
 
Not a few people have wondered why he combines his pastoral calling with political activism. To some, these roles are mutually exclusive. In holding this view, the assumption is that pastoral work is a holy calling while politics is a vocation for sinners.
 
Truth be told, PTB is not a politician in the conventional traditional sense. PTB is a nation builder who is deploying the tool of politics as a means to achieve an end; an end which includes the liberation from hunger, provision of infrastructure, and security of life and property.
 
The bane of politics in Nigeria is selfishness and greed. Politics is often a racket, not different from gangsterism with money-making as the sole objective. What we have presently in Nigeria are merchants pretending to be leaders. We have raiders holding political offices throughout the length and breadth of the Nigerian landscape.
 
To the contrary, PTB is not driven by mundane or compulsive material acquisition at public expense. Rather, PTB is driven by the vision of how better Nigeria can become. And this is what informs his common mantra “Nigeria will work in my lifetime.”
 
PTB’s patriotism didn’t start with the Save Nigeria Group; although SNG became a veritable and potent vehicle for concrete visible action. Since the early 90s, PTB has been a watchman for the Nigerian nation, preaching, prophesying, praying and rallying many towards the Nigerian cause. He is a man uniquely burdened for Nigeria. Hardly can he finish a message without a mention of the rot in the land and proffering solutions. The truth is that PTB is not your ordinary do-gooder, political activist or politician. The uniqueness of his intervention is that he is acutely aware of his sense of destiny in being an active participant in making Nigeria a nation that will be blessed to become the envy of other nations.
 
Perhaps, I need to share how I came about this conviction. The year was 1991 and the venue was the church office at The Latter Rain Assembly. PTB has always been a gracious host. He offered me lunch that was delivered from ‘Pintos’ on Allen Avenue after which he saw me off to my car. Just as he turned back to return to the office, the Lord opened my eyes and mind to have a glimpse into the future. By the way, this is a gift that the Lord gives me occasionally. In this state, I saw PTB helping to fix a broken-down nation. I called him back and told him what I saw. Of course, he was amazed. He turned and walked into his office. I am persuaded that we are entering that season.
 
One distinguishing feature of leadership is selflessness. Unfortunately, this is oftentimes lacking within the political class. This virtue marks PTB out. When he was nominated to the 2014 national conference, he served the nation at his own expense. He was one of the few who refused the fat cheques that the government offered.
 
Virtually all politicians are driven by the ambition of ‘I want to be this or that.’ What drives GBB (Gbolahan Babatunde Bakare) as his precious wife, Mrs. B. (Layide Bakare) fondly calls him, is not ambition; not at all. Individuals driven by ambition are often slaves to their vanities and egos. I completely, unequivocally and intentionally trust that God will perfect all He has put in His servant’s heart for our dear and great nation. Hear PTB shout this daily – Nigeria shall be SAVED. Nigeria shall be CHANGED. Nigeria shall be GREAT.
 
May his prophecy for our nation come true in our lifetime and may we all be partakers of Nigeria’s great and illustrious future.
 
Dr. Segun ‘Tremendous’ Oshinaga is the president of Inspirational Global Network and long-term close confidant of Pastor Tunde Bakare 
 
 

As Governor Godwin Obaseki prepares to leave office on November 14, 2024, Edo State residents, political analysts, and stakeholders are reflecting on his administration’s impact. While Obaseki’s tenure has been marked by efforts toward economic reform and infrastructural projects, opinions remain split on whether the state is genuinely better off after his leadership.

Against the foregoing backdrop, it is expedient to opine that this article examines the successes and shortcomings of Obaseki’s administration, weighing its achievements against the challenges it encountered. Therefore, it will not be out of place to look at areas of significant progress, ongoing concerns, and the legacy that Obaseki leaves behind for Edo’s future.

Governor Obaseki’s background as an investment banker and economist shaped his approach to governance. Early in his tenure, he championed economic policies aimed at creating job opportunities and improving the business environment. One of his flagship initiatives was the “Edo State Skills Development Agency” (EDOJOBS), which sought to equip young people with skills and connect them with employment opportunities. EDOJOBS reportedly trained thousands of youths, helping reduce unemployment in the state.

In addition, Obaseki launched the “Industrial Park Project” in Benin City, designed to attract investments and boost local manufacturing. While this ambitious project held promise, it faced delays and funding issues that hindered its impact on the state’s economy. Critics argue that though the governor had a clear vision for economic transformation, some of the initiatives have yet to fully materialize, making it difficult to assess their long-term value.

Education became one of Obaseki’s core priorities through the “Edo Basic Education Sector Transformation (EdoBEST)” program, a flagship reform initiative aimed at revamping the quality of education. Under EdoBEST, the state witnessed improvements in infrastructure, teacher training, and classroom technology, especially in primary and secondary schools. Leveraging technology, the program provided digital teaching aids and tablets to help teachers deliver lessons effectively, raising hopes for a generation of well-prepared students.

The results of EdoBEST are visible in improved student performance in the state. Parents and educators have praised the program for giving students in Edo State access to better educational resources. However, critics argue that rural areas were not equally impacted, as schools in remote regions received fewer resources, which left some children behind. Nevertheless, EdoBEST is viewed as a hallmark achievement of Obaseki’s tenure and sets a strong foundation for the incoming administration to build upon.

Infrastructure development was another major pillar of Obaseki’s governance. His administration invested heavily in road construction, bridges, and drainage systems, especially in the state capital, Benin City. The “Benin Stormwater Project”, initially designed to tackle perennial flooding, stands as a significant, albeit controversial, infrastructure project. Although there were delays and cost overruns, the project has improved the situation in some flood-prone areas.

Governor Obaseki’s urban renewal efforts also extended to restoring cultural and historical sites in Benin City. However, while infrastructure investments were commendable, they were often criticized for their uneven distribution across the state. Areas outside Benin City, such as Esanland and Edo North, sometimes felt neglected, with citizens in those regions arguing that they saw little benefit from the infrastructure projects. 

In health, Obaseki launched the “Edo Health Improvement Programme (Edo-HIP)”, an initiative aimed at providing universal healthcare coverage for residents through the Edo State Health Insurance Scheme. With a focus on upgrading healthcare facilities, the scheme aimed to reduce the financial burden of medical services on low-income families and make healthcare more accessible.

While Edo-HIP was well-received by health professionals and the public, it faced challenges in terms of implementation and funding. Some healthcare facilities reportedly struggled with resource constraints, leading to limited access for patients. Furthermore, critics point out that healthcare funding remains below the recommended levels, raising concerns about the sustainability of the improvements initiated under Edo-HIP.

The rise in crime rates in parts of Edo State posed a significant challenge for the Obaseki administration. His government’s response included efforts to strengthen local security forces and increase police presence in hotspots. Through the “Operation Wabaizigan Initiative”, Obaseki worked to address crime and improve collaboration between local law enforcement and community vigilantes.

Despite these efforts, insecurity remains a concern, with kidnappings and armed robbery incidents reported in rural areas and major highways. Some citizens feel that security has not improved substantially and argue that Obaseki’s administration could have done more to tackle the root causes of crime. As a result, security remains one of the most debated aspects of Obaseki’s tenure, with some seeing it as an area where expectations were not fully met.

Obaseki’s tenure was also marked by political controversies. From his defection from the All Progressives Congress (APC) to the People’s Democratic Party (PDP) to disagreements with political allies and rivals, his administration faced considerable political friction. Obaseki’s move to the PDP in 2020, after falling out with former APC godfather Adams Oshiomhole, stirred the political landscape and created divisions among Edo’s political elite.

Public perception of Obaseki has also been mixed. While some view him as a visionary leader who attempted to shift Edo’s developmental trajectory, others argue that his political entanglements distracted from governance. This perception is further complicated by Obaseki’s conflicts with lawmakers and other politicians, which often resulted in legislative delays and stalled projects.

As Governor Obaseki prepares to exit office, the question remains: Has he truly left Edo State better than he found it? His tenure undeniably saw significant strides in education, economic reform, and infrastructure. Programs like EdoBEST and EDOJOBS have laid a foundation for future growth, while urban renewal efforts have modernized parts of Benin City and its surroundings.

Yet challenges persist. The success of economic reforms, healthcare improvements, and infrastructure projects largely depends on their continuity and the incoming administration’s commitment to building on Obaseki’s policies. If these programs are sustained and expanded, Obaseki’s legacy may well be one of progress and lasting reform.

For Edo State, the next steps are crucial. With a new administration set to take the reins, citizens hope that the positive changes made under Obaseki will be preserved, and the gaps left behind addressed. Ultimately, whether Obaseki leaves Edo better off is a question that history will answer over time, as the effectiveness of his reforms will be measured by the state’s future trajectory.

In fact, Obaseki’s time in office has been a mixed bag of achievements and unfulfilled promises. While his economic and educational reforms have been transformative, questions remain about their reach and sustainability. His administration’s focus on infrastructure has made strides, but critics argue that these efforts were limited to specific areas, leaving others feeling marginalized.

As Edo State looks to the future, it will be up to the next governor to continue the momentum and address the lingering challenges in healthcare, security, and equitable development. Only then will it be clear whether Obaseki has truly left Edo State in a better condition than he found it. For now, his legacy is a work in progress, and the judgment of history awaits.

 

 

I lived in Eastern Africa for about 16 years, 11 of which were in Kenya but working on Somalia. My Kenya years were very impactful. I learned a lot. Even though I was lazy on language, I was a big observant of the country, including its fauna. Many a time, I drove within the Kenya National Park in Nairobi and went beyond to Amboseli, Nakuru, Maasai Mara, etc.

I had observed carnivorous animals chase and subdued weaker herbivorous animals. As A Y O dot, my friend tells me an Impala or a Gnu a.k.a. Wildebeest, which are herbivorous animals, have no chance of making a plea to the Lioness not to kill them for food when they really never hurt any of the members of a Lion’s pride. Once the Lioness has zeroed in on one, it is a case of snuffing life out of another living animal. There could be a thousand Wildebeest, once one is grabbed, the others flee. A similar situation is it between Crocodiles and Wildebeests, as the latter, in droves, annually cross the Mara River from Tanzania into Kenya to forage until time to instinctively all return to Tanzania. Zebras et.al. join in the annual crossing. Once a Crocodile grabs a Gnu, the hundreds of crossing Zebra, Gnu, etc., do not look back. The strength in number was never to be deployed in these situations.

The feeling was unmistakable – a sense of helplessness, like a Zebra caught in the jaws of a Lion or a Wildebeest pulled under by a crocodile. This was exactly how I felt as I descended the Third Mainland Bridge going in the direction of Ibadan on October 30, 2024, at about 17:00 a.k.a. 5 pm. I left a 70th birthday party of a friend I grew up with that held at Ebute-Metta. It was a great opportunity to not only felicitate with the celebrant but also a reunion with old friends, especially Olusesan Ekisola. There is so much campaign to keep old social networks for longevity. We left the party at the same time for fear of traffic and its accompanying vicissitudes.

All of a sudden, I had several bangs on my car that was slowed down to about 5 km an hour. It was not stand still. It was moving. Three or four young men were hitting my car with their fists, indicating that they were hungry and I must feed them. It was a command and nothing near a plea. I shouted back, asking why was I responsible for their feeding. The one in front grabbed the mirror part of the rear-view mirror casing, indicating to me that he would pull it out if I don’t immediately provide money for food.

I remembered what my son said happened to his car on March 5, 2024. He had a meeting on behalf of his company with some foreign investors. The foreigners had another meeting on the Marina, and he asked his driver to drive them there instead of using Uber. This was the type of hospitable behaviour I expected of him. As the driver and foreigners descended Eko Bridge towards joining Marina, some guy came begging for “feeding money”. He was ignored. He yanked off the mirror of the rear-view mirror. It cost my son an arm and a leg to replace.

I had posted the experience of my son on a WhatsApp platform that I belong to which also has highly placed Nigerians, including at least one minister, several advisers and those we refer to as Awaiting Office or Awaiting Contracts in the current government of Nigeria. There were some expressions of sympathy for my son and Nigeria with the thinking that those foreigners would not invest here. To my dismay, a friend dismissed it – this was just daily life in Lagos. But I now know that he was saying the truth. Another truth was that those foreigners would invest in spite of their experience if the returns would be good and their investment reasonably secured by all sorts of insurance, including sovereign guarantees in some cases with the interests of senior officials.

I was in the fastest lane that was moving at the speed of the tortoise, meaning at least more than the snail. Here I was, living that same “daily life,” wishing the cars around me would notice my plight. I am sure they did but could not be bothered. I thought of crashing into the car next to mine in the middle lane as everyone drove on as if nothing was happening. I thought about the cost to repair two or more cars if I behaved instinctively. I could see the Governor Sanwo-Olu installed CCTV cameras ahead and wondered about the deception that those cameras would boost our security as people are supposedly watching over us 24/7. But realistically, even if someone was indeed watching at a control centre, what could have been done? Deploy armed drones or helicopters of the Rapid Response Squad as would be the case in situations of governments that indeed govern? So much on the ruse on how the deployment of drones would sniff out kidnappers, who are known and given chieftaincy titles and digitalisation would reduce corruption, etc. A decadent and problem of lack of values and consequences for criminal behaviour cannot be solved by corrupt deployment of technology.

I beckoned to the guy viciously holding onto my mirror as I drove on, and he jogged along to ask the other guys to stop following us so I could find something for him. He instructed them, and they complied. It was not easy to grab my wallet from my tight Yoruba “Sokoto”. My favourite late nephew had insisted to my wife that his tailor must sew my dresses and I should stop looking older than my age. He had joined all in my family to insist that I should no longer be driving myself. But that I rejected, insisting that I would stop driving only when my body gave me the message.

My hands were shaking. I was being violated even without a matchet or guns as I later learned that others do. I grabbed N500, which my special adviser said he learned as being called a Figo when he once faced the exact experience at Ketu a while back, and he did not even bother to tell me. He had also been cut with a matchet in Abuja in the past for daring to walk a short distance in search of salvation on a Christmas Eve. I wondered about what food a Figo could buy since we got the renewed hope government of Nigeria with its whopping devaluation. He was looking at me as I fiddled, my wallet dropped, but I had grabbed another N500. He was patient with me; he knew he had subdued me, and like the Impala, all other drivers would not assist me. I was literally on my own.

I had learned from my days in the conflict zones that I had some level of protection while remaining in my car, more so a moving car even if slowly without any opportunity to bolt without damage to my car. I knew I was about to expose myself by handing the N1, 000 over. I wound down a bit to the extent of allowing only the notes to slip through as we continued in motion. He left my mirror and grabbed the naira notes and expressed gratitude and said: “Baba, go on, you are free”.

As I drove on for about half a kilometre, I saw a policeman walking towards me. It did not occur to me to waste my time in spite of the constant reminder that the police were my friend in many advertisements. And I cannot blame the underfunded and under-staffed Nigeria Police Force. However, it is also important that even the few available police officers are deployed to help those with real money to move around and live a life of no fear from hoodlums. When they were not doing this more lucrative service, they were chasing vehicle particulars from motor drivers, crimes that should be ignored as unimportant in the face of the anarchy that is brewing in our country. This is more so as the Sanwo-Olu CCTV cameras have been catching those whose car papers had expired but still on the road, slamming them with huge sums as penalties. Your guess is as good as mine as to why the police, the vehicle inspection officers, the Federal Road Safety Corps, etc., are respectively busy checking car papers.

I related my experience to a bosom friend who told me that his wife had been accosted at the same spot I was at and successfully robbed twice. Each time she was driven, she normally fretted at that same spot, scared that she would be attacked again. She had seen other people being attacked and moved on as I would have done. But her husband made a significant point. It is those of us in cars that never react when one of us is getting the treatment of an Antelope from a Lioness or a Crocodile. He noted that dispatch riders on motor-bicycles would stop if anything untoward was happening to any of their own and rescue the one under attack from any criminal or even law-enforcement not to talk of an unfortunate car driver that knocks one of their own down.

I had to drive the same route on the following day while returning from a panel discussion at the Nigerian Institute of International Affairs, I chose to move not later than 2 pm when traffic was lighter. I realized that I had been psychologically affected, maybe not to the extent of using the word traumatized. Even moving at about 40kms an hour, I was thinking the boys may surface again.

I share this story not out of optimism but to underscore the sad reality we face: a country where security is an afterthought, where leadership is so corrupt, and where the roads are made safe only for those in power. For the rest of us, survival has become a matter of luck and, sometimes, a thousand-naira (One Naira as nicknamed by Agberos in Lagos) compulsory gift for “freedom.”

On a larger note, the signs of things getting to this point, especially in Lagos, have always been there. The increasing presence of unemployed, unproductive, very hungry young men easily deployed as tools of political oppression and destruction in any society should not be left unattended to. The security menace they constitute only became more harrowing since we got the renewed hope government of Nigeria.

– Prof. Badejo is a legal practitioner and professor of Political Science and International Relations at Chrisland University, Abeokuta. Nigeria.

 

 

 

 

The crypto market is looking at a very Volatile week due to two major events with potential to seriously affect the price of crypto assets in the markets.

The crypto market slowed down over the weekend following a week characterized by Bitcoin Rally and other Altcoins also surging in Price value.

This week is set to be a very eventful week for the crypto markets due to two major events slated for the week and a host of other minor events with significant potential to affect the price of crypto assets.

 

The two events slated for this week with the potential to bring volatility to the market include:

1. The US Presidential Elections  

2. The Federal Reserve Policy meeting  

The US presidential election  

The United States Presidential election slated to hold tomorrow Nov 5 is a massive event with far-reaching implications for both the crypto market this week and the industry’s future as a whole. Cryptocurrency was a front-burner issue during the campaign but only one candidate embraced the industry wholeheartedly and earned himself the nickname the Crypto candidate.

  • Donald Trump warmed his way into the heart of the US crypto community promising to launch a strategic Bitcoin reserve if elected and to see that America leads the global charge of cryptocurrencies. A win for Donald Trump is seen as a win for the crypto industry and a bullish factor.
  • However, a win for Kamala Harris is viewed to have the opposite effect giving the mixed signals the Joe Biden and the Kamala Harris administration have been giving the crypto community throughout its course.

The outcome of the US presidential elections is also expected to spell the direction of the future of the crypto industry in the country.

2. The Federal Reserve Policy meeting 

The Federal Reserve will make its rate policy decision on Thursday, and analysts are overwhelmingly expecting a 0.25 basis point cut. The CME Fed Watch tool estimates this at 98% probability. This particular metric is always a measure of inflation in the economy and this has a direct effect on how much investors are willing to invest in the crypto market.

Other minor events with the potential to add to market volatility lined up for the week include October’s ISM Services PMI report which depicts business conditions in the US services sector and November’s Michigan Consumer Sentiment Index and Consumer Inflation Expectations.

What to Know  

  • In preparation for the important week, the crypto market has been undergoing various price corrections. Markets retreated over the weekend, with total capitalization dropping around $50 billion to $2.4 trillion by Monday morning.
  • Bitcoin is currently exchanging hands for $68,562 surging by just 0.6% in the last 24 hours.

[Nairamtrics]

The Special Adviser to the President on Communication and Orientation, Sunday Dare, has dismissed claims that a cabal is controlling the operations of the government for President Bola Tinubu.

Speaking on Politics on Sunday, a television program hosted by Femi Akande, Dare emphasized that the idea of a cabal is a misconception.

 

According to Dare, those perceived as cabal members are simply high-ranking officials who provide daily briefings to the President.

Dare, who previously served as the Minister of Sports, highlighted that the President’s direct involvement in governance demonstrates his commitment to rebuilding Nigeria through reforms.

He said, “I think we’ve become so comfortable with the idea of the cabal, and you must understand how the idea of the Cabal, the people they call the Cabal, are the people that are holding the key sectors of the economy.

“These are people who are advisors, who must advise the President on trends, who must put critical data in front of him, and they have access to him. How does access turn you into a member of the cabal? The Minister of Finance, for instance, sees him (Tinubu) on a constant basis to show him all the indicators so that they can see it, they must have constant meetings.

“So what is happening is that this idea of cabal has a negative connotation that we entrench, I think that notion should change, because any government you have 5 to 7 people who are holding key positions and who must brief the President on a constant basis, that access is what people think makes them a cabal.

“The President is 100 per cent in charge and he has always been from day one, and he has shown it when the CBN cybersecurity tax came up, the president canceled it because he dealt with what the facts are.

“The tax reform bill you are talking about, he was briefed on a constant basis all through, being a chartered accountant, that he is with his vast experience it shows that there’s a future for our country in this tax reform bill.”

[NaijaNews]

President Bola Tinubu has sworn in seven newly-appointed ministers at the Council Chambers in Abuja.

The ministers were screened and confirmed by the Nigerian Senate last week.

Details soon…

[DailyPost]

The Office of the Accountant General of the Federation (OAGF) has confirmed the shutdown of the Integrated Personnel and Payroll Information System (IPPIS) for Federal Tertiary Institutions (FTIs). 

This development follows the Federal Government’s approval for the removal of FTIs from the IPPIS platform.

Bawa Mokwa, Director of Press and Public Relations at the OAGF, disclosed this in an interview with The Nation.

 “It was only natural for the IPPIS platform for FTIs to be shut down, given the federal government’s directive to remove these institutions from the system,” Mokwa explained.

He further revealed that November salaries for FTIs will be processed through the Government Integrated Financial Management Information System (GIFMIS). 

Institutions are required to prepare their payroll in an Excel format and submit it to IPPIS for verification and validation.
 

Amid concerns about changes to salary account details, the OAGF issued a statement clarifying that no directive has been given to workers to change the financial institutions linked to their IPPIS accounts. 

The statement noted the priority placed on workers’ welfare, assuring that no misleading or panic-inducing instructions would be issued.

The OAGF explained that any change in salary accounts is a personal decision by the individual worker and that the IPPIS office has not mandated any such changes.

The Treasury, as the OAGF is known, also urged financial institutions to strengthen their operations and ensure the efficient management of accounts holding workers’ salaries. The office expressed confidence in the regulatory agencies responsible for overseeing the health and viability of financial institutions, insisting on a their capability to fulfill their mandates.

Workers with legitimate reasons to change their salary accounts were advised to follow the official procedures provided by the OAGF to ensure smooth transitions without disruptions to their payroll.

[TheNation]

The ministry of foreign affairs says Nigerians in Libya have their lives “devoid” of harassment from the government of their host country in retaliation for CAF’s sanction. 

In October, the Super Eagles and Libya were initially scheduled to play at the Martyrs of February Stadium in Benina, Benghazi, on matchday four of the AFCON qualification series.

However, the Nigerian national team’s flight was diverted to Al Abaq airport, and the players and coaches were held for over 20 hours without food and drinks.

The Eagles later withdrew from the qualifying match and returned home. Libya’s action attracted the wrath of CAF, and the country forfeited the game and was fined $50 thousand. Nigeria was also awarded three points and three goals.

 

Recently, there were reports that authorities in the country are targeting Nigerians in Libya in retaliation for the CAF verdict.

The rumours claim that Nigerians in Libya were being heavily levied, and the proceedings would pay CAF’s fine while others were being rounded up on the street.

Reacting to the reports, the foreign affairs ministry said in a statement on Sunday that Nigerians in the country are “going about their daily activities” and that nothing of the sort happened in Libya.

 

“Ministry of Foreign Affairs refutes reports claiming that Nigerians in Libya are being arrested and harassed as a result of the decision of the Confederation of African Football, CAF which indicted the Libyan Football Federation for their ill-treatment of the Nigerian team and officials while in Libya for a Nations Cup Qualifying Match,” the statement reads.

The Libyan Football Federation (LFF) has appealed the CAF decision, vowing to take “all necessary legal measures” to protect their national team’s interests.

[TheCable]

The Court of Appeal sitting in Abuja, on Monday, discharged and acquitted a former Chief Justice of Nigeria, CJN, Justice Walter Onnoghen, of the charge that led to his removal from office in 2019.

It will be recalled that former President Muhammadu Buhari had on January 25, 2019, about 29 days before the presidential election, suspended Onnoghen from office as the CJN and swore in the next most senior jurist of the Supreme Court, Justice Tanko Muhammad, to take over the leadership of the judiciary.

 

Onnoghen’s suspension came barely eight hours after he announced his decision to inaugurate judges who would preside over election petition tribunals.

Ex-President Buhari’s action elicited varied reactions from both within and outside the judicial circles, with the Nigerian Bar Association, NBA, describing it as a coup against the judiciary.

Onnoghen was later convicted by the Code of Conduct Tribunal, CCT, on a six-count corruption charge that was preferred against him by the Federal Government.

It was alleged that he made a false declaration to the Code of Conduct Bureau.

Meantime, about six years after he was convicted, a three-man panel of the Court of Appeal, led by Justice Mohammed Bello, acquitted the ex-CJN following a settlement agreement the federal government entered with him.

President Bola Tinubu had, through the Attorney-General of the Federation and Minister of Justice, Prince Lateef Fagbemi, SAN, persuaded the appellate court to halt further hearing of three separate appeals the former CJN filed to challenge his removal, conviction, and seizure of his assets.

In line with the terms of the settlement dated October 24, the appellate court ordered FG to, forthwith, unfreeze Onnoghen’s account with Standard Chartered Bank Nigeria Limited.

More details soon...

[Vanguard]