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Any Nigerian Above 50 Years Eyeing Presidency In 2023 Should Forget It —— Arewa Youths

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The President, Arewa Youth Consultative Forum, AYCF, Alh. Yerima Shettima has called on any Nigerian above the age of 50, seeking the presidency in 2023 to completely shelve the idea.

He noted that the aged ones had completely failed the country since they took over governance from the founding fathers and had brought perpetual hardship of all kinds to Nigerians.

He said today, “we refused to harness our human and natural resources and put them on the right track for us to be very productive, rather, we only count on the number every day on one story or the other.

“It is sad and unfortunate today that this country is where it is today despite the fact that some of us are willing to cope with the situation and move it forward no matter what.

“What they succeeded in doing is to balkanize and cause more divisions among us the present generation. It is either you are caught in an issue of religion or tribe and over and over, this has continued.”

Speaking to DAILY POST in Kaduna, Shettima, explained, “What we are doing now as youths of this country is to form synergy, build capacity before the next elections to ensure that never again will we allow anyone that is not our contemporary to occupy any political space, we won’t do that and that is what we are doing now.

“The youths are set for 2023. Recent happenings in the country have shown that we have the capacity and that is a clear demonstration of ENDSARS, it happens just within a small place and if you could see how it exposed a lot of weakness on the part of the federal government, we don’t intend to go through that process of ENDSARS where there were casualties of lives and properties. No, we are going to be very objective, we will demand through a political process, through the ballot paper, through our voters Cards, we will mobilize our generation, never again will we put somebody at the helm of affairs that is above 50 years.”

Shettima lamented that the older ones in the country, who got everything on a platter of gold “are still not ready to relinquish power to the present generation”, stressing that, “We expect them to set the pace, to put the present generation on the right track so that at the end of the day, side by side, work with them and move the country forward.

“They refused and still maintained the status-quo and that is why often times when a new team comes up, because of their mindset, they are not thinking towards moving Nigerians to higher standards.”

On the insecurity of the country, he observed that it would not be good for someone to preempt the impact of the new Service Chiefs, saying, “We should look at the source of the problem before looking at the solution. To change the service Chiefs is not enough to solve the security challenges in the country.

“There is a need to overhaul the entire security network in the country. It has to be a thing of side by side with the communities so that together we can have confidence in the security agents because it requires a lot to build that confidence.

“Over time, that confidence has been abused by the various sectors of the security, it requires inclusiveness of the members of the society side by side with the security agents so that we can do it through intelligence gathering because we are faced with issues of kidnapping, Boko Haram, banditry and other social vices in the country.

“So it is not a natural conventional approach that we always see, this one is a different methodology and so to that extent, the government must be seen to provide all the necessary equipment for the security to be able to succeed, that is, to counter what their enemies are carrying.”

On reprisals, he noted, “Government has a lot of jobs to do, Nigerians are doing their bit, the government must be seen to be decisive, to do justice to all, the government must be seen to deal with anybody found wanting, because the law is the law to everybody in the country.

“There is no way why anybody should take the law into his or her hand. The government should be seen doing the right thing so that the people will also sit up to do the right thing.”

Speaking on farmers/herdsmen clashes in the country, Shettima noted that the federal government needed to be serious to ensure that only a modernized style of grazing was done to avoid any clash between the farmers and the herdsmen in any part of the country.

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JUST IN: CBN Increases Banks Capital Base To N500bn, N200bn For National Commercial Banks

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The capital basis for commercial banks with international permission has been raised to N500 billion by the Central Bank of Nigeria (CBN).

The policy change was confirmed by Mrs. Hakama Sidi Ali, CBN’s acting director of corporate communications. in a declaration.

She added that commercial banks with regional authorization are expected to reach a capital floor of N50 billion, while those with national authority must meet a ceiling of N200 billion.

Announced on Thursday, March 28, 2024, this comprehensive financial reform requires significant increases in banks’ minimum capital bases, which vary depending on the size of the bank.

The latest policy directive specifies that commercial banks with international authorization are now required to shore up their capital base to N500 billion.

In a bid to tighten the financial fabric, the CBN has not overlooked merchant banks, which are now subject to a N50 billion minimum capital requirement.

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Detained Binance Executive Gambaryan Drags EFCC, NSA To Court

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Tigran Gambaryan, the CEO of Binance who is currently in detention, has claimed that he has been violated in his fundamental human rights by the Economic Financial Crimes Commission and Nuhu Ribadu, the National Security Adviser.

Gambaryan, in an originating motion marked: FHC/ABJ/CS/356/24 sought a declaration that his detention and seizure of his international travel passport, contravened Section 35 (1) and (4) of 1999 Constitution.

He urged the court to order the NSA and the EFCC to release him from their custody and return his international travel passport with immediate effect.

Gambaryan also sought an order of perpetual injunction restraining the respondents and their agents from further detaining him in relation to any investigation into or demands from Binance.

He also urged the court to order the respondents to issue a public apology to him.

Gambaryan averred that he was in Nigeria alongside fleeing Nadeem Anjarwalla to honour the invitation of the ONSA and EFCC to discuss issues relating to Binance in Nigeria.

Anjarwalla escaped from the guest house where he and Gambaryan were being held

He argued that he had not committed any offence during the meeting, and neither was he informed in writing of any offence he personally committed in Nigeria at any other time.

“The only reason for his detention is because the government is requesting information from Binance and making demands on the company,” he added.

The fleeing Anjarwalla also filed a similar suit, marked: FHC/ABJ/CS/355/24.

At the proceedings on Thursday, T.J. Krukrubo (SAN) appeared for the plaintiffs, while the respondents had no representation.

Krukrubo informed the court that the respondents were served two days ago.

Shortly after that, he announced to the court that he was withdrawing from the matter as counsel for the fleeing Anjarwalla.

He did not give reasons for his withdrawal.

The trial judge, Justice Inyang Ekwo, adjourned the matter till April 8.

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Federal Government To Arraign Binance Executives Over ‘Tax Evasion’ On April 4

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On April 4, the federal authorities will file charges against senior executives of the cryptocurrency company Binance, Tigran Gambaryan, and Nadeem Anjarwalla, for allegedly engaging in “tax evasion.”

Anjarwalla is Binance’s regional manager for Africa, while Gambaryan oversees the company’s compliance with financial crimes.

The Federal Inland Revenue Service (FIRS) charged Binance with a crime on March 25th for “tax evasion.”

The service claims that the action is intended to maintain national economic integrity and fiscal discipline.

The lawsuit, designated as suit number FHC/ABJ/CR/115/2024, is said to “implicate Binance with a four-count tax evasion accusation”.

However, on Thursday, NAN reported the federal government will charge the three defendants before Emeka Nwite, the presiding judge, at the federal high court (FHC) in Abuja on a four-count charge.

Despite not being a vacation judge, according to the report, the chief judge granted the fiat for the judge to oversee the case during vacation because it is a matter of critical national interest.

The lawsuit comes a month after Anjarwalla and Gambaryan were detained by the Nigerian authorities.

Anjarwalla and Gambaryan had flown into Nigeria but had their passports seized by ONSA.

On March 12, Anjarwalla was transferred to a local hospital after he fell ill while in detention in Nigeria.

However, on March 25, Anjarwalla escaped from custody and fled Nigeria with a smuggled passport.

Meanwhile, Gambaryan, on March 28, sued Nuhu Ribadu, the national security adviser (NSA) and the Economic Financial Crimes Commission (EFCC), alleging violation of his fundamental rights.

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