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ENDSARS

#EndSARS: Judicial Panel of Inquiry and Restitution to include Lekki toll gate incident – Sanwo-Olu

Sanwo-Olu has said that the Judicial panel set up by the state would include the incident at Lekki toll gate.

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Lagos orders removal of all unapproved street gates in the state to ease traffic, Sanwo-Olu to stop pension for former governors, deputies, #EndSARS: Judicial Panel of Inquiry and Restitution to include Lekki toll gate incident – Sanwo-Olu, Lagos approves resumption of all classes in public, private schools, Lagos takes major step towards delivery of Fourth Mainland Bridge, Lagos to construct rail line to airport terminal for international passengers, COVID-19: Lagos State to begin curfew on Sunday to disinfect metropolis, Lagos state government discharges 7 more coronavirus patients, Lagos state will reverse to full lockdown, Sanwo-Olu to virtually inaugurate projects as he presents scorecard of first year in office, Lekki regional road: Sanwo-Olu revokes land titles of Elegushi Royal family, Lagos pays N1.3 billion into the RSA of 246 retirees, Lagos State to empower 2.5 million youths in Arts and Crafts

The Governor of Lagos State, Babajide Sanwo-Olu, has said that Lagos State will not burn on his watch, as he tries to calm things down after hoodlums wreaked havoc post-Lekki shootings, and announced that the Judicial panel set up by the state would include the incident at Lekki toll gate.

The Governor announced this in a statement on Friday evening, where he tried to assure Lagosians that the state was working to find justice for Police brutality victims, and urged for peace.

READ: #EndSARS: Nigerian Army denies soldiers shot at Lekki protesters

Recall Nairametrics reported that the Lagos State Government had earlier announced that it was working towards stabilizing things across the state and rebuilding through verification of victims and had called on youth leaders to provide representatives for a judicial panel.

On friday evening’s statement, Sanwo-Olu said, “Today, on our journey across Lagos, we paid respect to the ones we have lost. It was an emotional time for everyone, and we will find a way to remember them in the coming days.

READ: LCC confirms perimiter cameras were not removed from Lekki Toll

“No other state has this unique combination of people living in peace, harmony and progress so it saddened me when I went round for an on-the-spot assessment to ascertain the level of destruction to public assets and private properties.”

He likened the destruction experienced in the state to that of a war zone, and urged citizens not to incite violence.

“Our beautiful city has seen a level of destruction almost akin to a war zone. It was a shocking and very sad spectacle. Our land took a beating and this hurts. Historical buildings, cultural centres, private malls, government holdings and private businesses were pillaged & burnt,” he said.

“This is not the Lagos we know. I am the 15th governor of the state and Lagos has never witnessed this level of destruction. The oldest court in Nigeria was razed down. Many properties were completely destroyed. It is time to heal ourselves and time to heal Lagos.

READ: #EndSARS: A day by day timeline of the protest that has brought Nigeria to its knees.

“I will like to advise and implore citizens to resist the urge to instigate or incite people to violence especially on social media.”

He added that the State Government had visited victims of brutality in the past week, and announced that the state would cover all the medical bills.

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“We also visited the various hospitals today to check on the progress of victims that were brought in from events this week. It was heartwarming to note that quite a number have been discharged. We have also indicated that we will be picking all the bills.

“Lagos will not burn. Not on my watch. Enough is enough. We want peace and we will get peace. As shocking and sad as this situation is, we must come out of the ashes of destruction strong and with a determination that this unfortunate situation will not kill the spirit of Lagos.”

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READ: #EndSARS: UK ready to support genuine reform of police in Nigeria – British High Commissioner 

The Governor added that Judicial panel set up by the State would also include cases that happened at the Lekki Toll gate incident, which has gathered international attention.

“We have expanded the terms of reference for the Judicial Panel of Inquiry and Restitution to include the incident at the Lekki toll gate. If you have any claims, do send them to the panel. The panel will begin to sit on Monday at the Lagos Court of Arbitration situated in Lekki.

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“We have to renew our commitment to peace, progress, social cohesion and make a promise to ourselves that never again shall we allow the forces of darkness take over our land.”

Nairametrics also reported that state Deputy Governor, Dr Obafemi Hamzat, announced that Lagos State Government was set to support the owners of stores that were looted this week, when the #EndSARS protests were hijacked by hoodlums.

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Business

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.

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School feeding, ICPC, FIRS moves to stop tax evasion with newly launched intelligence system 

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.

READ: ICPC uncovers N9.8 billion Government money hidden in Aso Savings

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.

READ: ICPC moves against NDDC top management over corruption allegations, quizzes directors

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.

READ: Most powerful financial leader takes side with CBN, says Bitcoin is untrustworthy

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.

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ENDSARS

#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.

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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.

READ: #EndSARS: Sanwo-Olu presents Buhari report on Lagos destruction by hoodlums

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.

READ: #EndSARS: Freezing of accounts may trigger further protests – Tunde Bakare

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.

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