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Good morning! Here Are Some Major News Headlines In The Newspapers Today: SEC to delist Naira from P2P space to curb manipulations

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1. The federal government has declared that it will take the naira off of all peer-to-peer (P2P) exchanges. During a virtual conference with blockchain stakeholders on Monday, Emomotimi Agama, the Director General of the Securities and Exchange Commission, made this declaration.

 

2. The Federal Government is not considering requests from any country to establish a military base in Nigeria, Information and National Orientation Minister, Mohammed Idris said on Tuesday. Idris dismissed as unfounded reports that the government was considering the citing of a military base in the country, saying Nigeria “is not in any such discussion with any foreign country”.

 

3. All Progressives Congress (APC) in Ondo State has faulted reports by officials of the Independent National Electoral Commission, INEC, that the party did not hold a primary election in Ilaje Local Government Area. It described the report as ‘shocking and lacking credibility’.

 

4. Rivers State Governor, Siminalayi Fubara, has bared his mind on the toxic relationship between him and the House of Assembly, saying the lawmakers led by Martins Amaewhule no longer exist in the eyes of the law. The Governor spoke when he received on a courtesy visit the Bayelsa delegation of political and traditional leaders led by former Governor Henry Seriake Dickson at Government House in Port Harcourt on Monday.

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5. The Central Bank of Nigeria, CBN, has directed banks in the country to implement a 0.5 percent cybersecurity levy on electronic transfers. In a circular signed by Chibuzor Efobi, Director of Payments System Management, and Haruna Mustafa, Director of Financial Policy and Regulation, the apex bank disclosed that the implementation of the levy would start in two weeks time.

 

6. Vice-President Kashim Shettima has taken a detour and returned to Nigeria, thereby aborting his planned trip to the United States of America to attend the 2024 US-Africa Business Summit in Dallas, Texas.

 

7. The Economic and Financial Crimes Commission has arrested six senior officers of the Nigeria Security and Civil Defence Corps over alleged N6bn fraud. The senior officers are currently being grilled by EFCC interrogators at the commission’s headquarters, Jabi, Abuja.

 

8. The Presidency, on Monday, tackled former Vice President Atiku Abubakar over his claim of conflict of interest in the award of the Lagos-Calabar coastal highway by the Federal Government. Atiku, in a statement on Sunday, claimed that the road project was awarded to Hitech Construction Company because the owner of the firm, Gilbert Chagoury, had business ties with President Bola Tinubu.

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9. One middle-aged woman was shot while many others sustained varied degrees of injury in Ughelli on Monday as operatives of the Delta State Police Command resorted to forceful dispersal of a group of protesting women. The women from Oteri-Ughelli in the Ughelli North Local Government Area were protesting alleged incessant harassment and extortion by policemen in the community.

 

10. Nigeria Labour Congress, NLC, and its Trade Union Congress of Nigeria, TUC, counterpart, have given the Nigerian Electricity Regulatory Commission, NERC, till May 12 to withdraw the recent hike in electricity tariff or face unprecedented industrial action. The ultimatum was issued in a joint letter to the Chairman/Chief Executive Officer, CEO and copied to the Secretary to the Government of the Federation, SGF, the Ministers of Labour and Power and the electricity distribution companies, DisCos.

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We have done better than those who stayed eight years – Fubara

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Governor Siminalayi Fubara believes his administration has recorded giant strides in infrastructure since its inception about a year ago.

 

Fubara made the remark on Saturday in Ngo Town at the inauguration of the Andoni section of the Ogoni-Andoni-Opobo Unity Road project, Andoni Local Government Area.

 

While he did not mention any past administration, Fubara said since coming on board, his government has done well in the execution of projects, promising to do more for residents of the oil-rich state.

 

To the glory of God, we made history by commissioning the Andoni section of the Ogoni-Andoni-Opobo Unity Road.

The commissioning marks the end of a 24-year journey of constructing a road that connects three local government areas hitherto separated by water and a difficult… pic.twitter.com/NdsFhqYPkn

— Siminalayi Fubara (@SimFubaraKSC) May 18, 2024

 

“Like I said the other day, we just started. We started about three or four months ago but I am very happy that if we have to assess ourselves within that three months, we have done better than people who stayed for eight years,” the governor said. “I stand to be challenged.”

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Metro News

Okuama: Women protest return of armed youths

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The women of Okoloba community in Bomadi local government area, weekend, protested against what they called the return of armed youths of Okuama in Ughelli South local government area, who they alleged were threatening the peace of the riverine area.

 

The placard carrying women, led by the chairlady of Okoloba community, Mrs Timipakebi Goodwin, and secretary, Mrs Mary Koibi, staged a peace protest on black attires along the coastal fringe of Okoloba community, chanting against violence and bloodbath, as well as sending an S.O.S. to the federal government to come to their aid.

 

Some inscriptions on the placards read: ‘We say No to violence’, ‘Enough of the killings on our land’, ‘Armed Okuama youths returning in a commando style’, ‘We say No to the return of armed youths of Okuama’, ‘Resettle Okuama people among their Ewu brothers in Ughelli South LGA’, ‘We mourn the killing of the 17 soldiers’ and among others.

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The chairlady of Okoloba, Mrs Goodwin, speaking to newsmen with a written address that was made available to security apparatuses, which include the police, DSS, NSCDC, JTF as well as the acting chairman of Bomadi local government council, noted that the latest killing by the youths of Okuama showed that they could kill human beings at the slightest provocation.

The women’s presentations as well as the written address read in part: “First, we the women of Okoloba community sympathize with the killing of 17 soldiers and officers of the Nigerian army on a peace and rescue mission to Okuama, following the kidnap of our son. We sincerely mourn their untimely death and pray for the repose of their souls. We also pray for their families.

 

“However, less than 24 hours after the exit of the troops from Okuama, fresh crisis erupted with another neighbouring community, culminating in the killing of one person while three other persons were seriously injured. The person who was killed and those sustaining machete wounds were alleged to have gone there to loot.

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“The latest killing showed that the people of Okuama can kill a human at the slightest provocation; the sanctity of human life means nothing to them. It also shows that neighbouring Ijaw communities like Okoloba are not safe.

 

“So, resetting the people of Okuama in their present location, which is in-between communities in Bomadi local government area, is an attempt to encourage further communal clashes and bloodbath.

 

“Just last week, youths of Okuama community came out of the Mein-toruabubor creek, which leads to Ewu, on three speedboats and all of them on camouflage. They shot sporadically in the air before proceeding to OKuama. They moved to and fro the creek three times, and at every time they shot their guns in the air at the entrance of the creek.

 

“We are calling on the federal government to come to our aid, and the panacea to these incessant clashes and killings is for the government to relocate Okuama to Ewu clan in Ughelli South Local Government Area, where they truly and rightly belong.

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“Resettling them among their own people in Ewu clan of Urhobo land will foster mutual trust among themselves as they are of the same ancestry and speak the same dialect”.

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Sports

Usyk defeats Fury to emerge undisputed heavyweight champion

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Oleksandr Usyk has defeated Tyson Fury to become the undisputed heavyweight boxing champion of the world.

 

Fury and Usyk fought at the Kingdom Arena in Riyadh, Saudi Arabia, on Saturday night.

 

Usyk won the bout through a split decision, edging the Briton 115-112, 113-114, and 114-113 on the cards.

 

Fury came out strong in the early rounds of the bout but Usyk was able to stave off the British fighter’s onslaught.

 

The Ukrainian gained momentum as the fight progressed, with his superior footwork and technical skill allowing him to evade Fury’s powerful blows and land precise shots of his own.

 

The Ukrainian floored Fury in the ninth round which was the turning point of the much-anticipated fight.

 

Despite Fury’s valiant effort to recover in the final rounds, Usyk’s dominance had already sealed the victory.

 

The 37-year-old Ukrainian is the first undisputed heavyweight champion of the world since Lennox Lewis 25 years ago. He has now unified the WBA, WBO, IBF, and WBC titles.

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For Fury, it is the first loss in his 16-year professional career — but he will have a chance at a rematch before the end of the year.

 

In his post-fight interview, the British boxer accused the judges of giving the victory to Usyk because of the war in Ukraine.

 

“His country is at war, so people are siding with the country at war,” he said.

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