The Edo State Government has announced the imposition of a 24-hour curfew across the state with effect from 4:00 pm, Monday, October 19, 2020, till further notice.
The curfew which was announced in a series of tweet posts through Governor Godwin Obaseki’s official Twitter handle and signed by the secretary to the state government, Osarodion Ogie, on Monday, October 19, 2020, was due to the incidents of vandalism and attacks carried out by hoodlums who hijacked the #EndSARS protests.
Ogie said, “This decision has become necessary because of the very disturbing incidents of vandalism and attacks on private individuals and institutions by hoodlums in the guise of the #ENDSARS protests.
“While the government of Edo State respects the rights of its citizens to undertake legitimate protests, it cannot sit idly when hoodlums have taken laws into their hands to cause mayhem on innocent citizens and the state.’’
‘’By the directive, schools and businesses are to shutdown activities accordingly. Those who cannot move safely are to stay put between now and 4 pm till calmness is restored. Parents are advised to rein in their children, youths and wards to forestall further breakdown of law and order.’’
The statement also reiterated that the responsibility of government is to protect lives and property and maintain law and order and as such anyone found outside in violation of the curfew would be dealt with according to the law.
This curfew is coming after suspected hoodlums, on Monday morning hijacked the #EndSARS Protests in Benin City and attacked maximum security prison in Benin City. The hoodlums were alleged to have exchanged fire with security operatives at the Maximum prison in Benin City and later freed some inmates.
Explore Data on the Nairametrics Research Website
Download the Nairametrics News App
Edo govt declares 24-hour curfew
The Edo State Government hereby imposes a 24-hour curfew across the state till further notice.
The curfew is to take effect from 4pm, today, October 19, 2020.
— Godwin Obaseki (GGO) (@GovernorObaseki) October 19, 2020
ICPC Chairman reveals #EndSARS protests was financed with cryptocurrency
ICPC Chairman has revealed to the Nigerian Senate that the #EndSARS protest was largely funded with cryptocurrency.
The Chairman of Independent Corrupt Practices and Other Related Commission (ICPC), Bolaji Owasanoye has revealed to the Nigerian Senate that the #EndSARS protest was largely funded with cryptocurrency.
This is as he said there are strong indications that it could be used to fund Insurgency in the country.
According to a report from Vanguard, this disclosure was made by the ICPC Chairman, during an interactive session with Senate Joint Committee on Banking, ICT, Cybercrime and Capital Market led by Senator Uba Sani on Tuesday, February 23, 2021.
The Joint committee was mandated to look at the decision of the Central Bank of Nigeria (CBN) to ban Cryptocurrency in Nigeria.
The ICPC boss while supporting the position of the CBN, said that the nature of operations of Cryptocurrency exposes it to money laundering and terrorism financing.
Meanwhile, the Nigerian Financial Intelligence Unit (NFIU) has said that the agency averted a $3million fraud linked to 20 bank accounts.
Owasanoye further explained that the anti-graft agency currently has a number of cases linked to Cryptocurrency but is unable to track the suspects.
He brought the attention of the Senate to a period in 2018 when a number of globally rated financial institutions said their financial statements had been hacked with the perpetrators asking to be paid in Cryptocurrencies.
ICPC Chairman noted that the CBN as a regulator has the responsibility to ensure sound financial stability and it will be difficult to achieve in the case of Cryptocurrencies where the players are anonymous.
While sharing the experience of the Indian Supreme Court and how it ruled and admitted that it does not know what it is, he urged the Lawmakers to as a matter of urgency, take decisive action against Cryptocurrencies.
What you should know
- It can be recalled that the CBN had directed the financial institutions to immediately close the accounts of such persons or entities transacting in or operating cryptocurrency exchanges, warning of severe regulatory sanctions in the event of any breach of the directive.
- The apex bank warned the Deposit Money Banks, Non-Financial Institutions and other Financial Institutions against doing business in crypto and other digital assets.
- The latest directive is coming after the CBN had in 2018 stated that cryptocurrencies are not legal tender and as such are illegal.
#OccupyLekkiTollGate: Lagos Attorney-General explains large police presence at Lekki toll gate
Lagos Attorney-General has stated that the State does not support the abuse of peaceful protesters.
The Lagos State Attorney-General, Moyosore Onigbanjo says that the reason for large numbers of policemen at the Lekki toll gate during Saturday’s protest was to prevent the protest from getting hijacked by hoodlums.
The Attorney-General of the State disclosed this in an interview with Channels TV on Sunday evening.
“Our duty is to face the dictate of the law.
“The state does not derive any joy from seeing people brutalized, but we must ensure that we have a society where law and order prevails and where everyone is free and secure to go about their businesses.
“Your right to protests only extends to where the other person’s freedom of association starts,” Onigbanjo said.
He added that the State Government wanted to prevent any problems during the protests, citing Covid-19 regulations preventing the mass gathering of people and hoodlums hijacking the protests.
“I believe that was the desire of the state government yesterday that people can protests, but think about the Covid-19 regulations, the existing laws.
“We cannot afford the sort of vandalism we saw before, the state was genuinely apprehensive that hoodlums might take over a peaceful protest, we have seen this before. And that was why the police came out in large numbers that this did not degenerate the last time,” he added.
What you should know
Nairametrics reported over the weekend that Officers of the Nigerian Police Force arrested #OccupyLekkiTollGate protesters at the Lekki toll gate on Saturday morning.
This was confirmed by multiple media images and videos on social media, showing the protesters being arrested and loaded inside police trucks and van, popularly known as Black Maria.
Nairametrics | Company Earnings
- 2020 FY Results: Nigerian Breweries reports a 54.3% decline in profits in 2020
Nigerian Breweries Plc released its […]
- Abbey Mortgage Bank projects N51.08 million profit in Q2 2020.
Abbey Mortgage Bank has released its […]
- Dangote Sugar increases post tax profit by 33%, as earnings per share prints at N2.45
Dangote Sugar released its full-year […]
- FY 2020: Ardova Plc posts N1.86 billion Profit After Tax
Ardova Plc (formerly Forte Oil Plc) […]
- FY 2020: Africa Prudential posts N1.45 billion Profit After Tax.
Africa Prudential Plc released its […]