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Kenyan police arrest Binance executive who escaped from Nigeria

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The Kenya Police Service has arrested fleeing Binance executive, Nadeem Anjarwalla, as the International Criminal Police Organisation moves to extradite him to Nigeria within the week.

Government sources familiar with the case who spoke on condition of anonymity because they were not authorised to speak on the matter confirmed the development to our correspondent on Sunday night.

One of the sources said, “Binance executive, Nadeem Anjarwalla, has been arrested by the Kenya Police Service, and he would be extradited to Nigeria this week by INTERPOL.”

Another source noted, “As we had said before that Anjarwalla would be extradited, he has been arrested in Kenya, and he’ll be extradited to Nigeria this week.”

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The PUNCH had exclusively reported that the Federal Government had traced Anjarwalla to Kenya, following his escape from lawful custody in Nigeria.

Following the development, the Economic and Financial Crimes Commission, the International Criminal Police, the Nigeria Police Force, and the Kenyan Police Service have deepened talks to quicken Anjarwalla’s extradition.

In the earlier report, Saturday PUNCH reported that Anjarwalla, whose cover has now been blown, went into hiding immediately after he landed in Kenya.

“We have found him. We know where he is; he is in Kenya, and we’re working with the authorities to bring him back to Nigeria.

“All hands are on the deck, the government and all the security agencies are working hard in conjunction with the Kenyan authorities and INTERPOL, to ensure his return to Nigeria to face the charges brought against him,” the report had quoted a source as saying.

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Meanwhile, the EFCC Chairman, Ola Olukoyede, had in the March edition of its bulletin titled, “EFCC Alert,” onfirmed that the commission was working in conjunction with the International Criminal Police Organisation, the United States’ Federal Bureau of Investigation, the governments of the United Kingdom, Northern Ireland, and Kenya to extradite Anjarwalla.

Olukoyed said, “The takeover of the prosecution of Binance chiefs by the commission is no less a strong message in the direction of EFCC’s resolve to hedge in distortions and disruptions in the country’s forex market.

“Tax evasion, currency speculation, and money laundering to the tune of $35,400,000 and are at the foundation of the Commission’s five counts against Binance Holdings Limited, Tigran Gambaryan and Nadeem Anjarwalla, the company’s chief executives.

“While Gambaryan is currently in the Commission’s net, the process of extraditing the fleeing Anjarwalla is revving in full swing. Involved in partnership with the EFCC to nick Anjarwalla in flight are the International Criminal Police Organisation, the United States Federal Bureau of Investigation, the governments of the United Kingdom, Northern Ireland, and Kenya as the clock winds down to his arraignment in absentia alongside the company and Gambaryan.”

CREDIT: CITY POST

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UniAbuja ASUU divided over strike

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There is discord among members of the University of Abuja’s Academic Staff Union of Universities (ASUU) regarding the indefinite strike recently announced by the union. Following the declaration of the strike on Thursday, a faction of lecturers known as the “Anti-strike ASUU Members” distanced themselves from the decision.

The announcement of the strike came after the Abuja chapter of ASUU concluded its congress at the Permanent Site of the institution. However, immediately after the strike declaration, the Anti-strike ASUU members held a press conference to express their opposition to it.

Abubakar Kari, the dean and former convener of ASUU National Political Committee, along with Prof. M. Y. Gana, the former Nigerian ambassador to Japan and head of the Department of Agriculture Engineering, asserted that a select group within the local ASUU leadership was pushing for the strike to serve their own interests rather than the broader concerns of ASUU members and the University of Abuja.

Kari emphasized that they, representing numerous other like-minded members, were committed to protecting the integrity of the University of Abuja’s academic calendar and ensuring the smooth operation of the university. They strongly opposed the decision to initiate an indefinite strike without seeking the input of ASUU members through a vote, stating that it did not align with ASUU’s standard procedure for calling a strike.

Therefore, they asserted that the so-called strike did not accurately represent the views of the majority of ASUU members and was invalid.

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N615,000 minimum wage demand most realistic — NLC

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The national President of the Nigeria Labour Congress, NLC, Joe Ajaero, has said that N615,000 minimum wage demand is the most realistic amount.

Ajaero made this statement on Thursday during an interview on Channels TV’s Politics Today monitored by DAILY POST.

DAILY POST reports that the federal government had approved a pay rise of between 25 and 35 percent for civil servants across various consolidated salary structures.

But the NLC rejected the increase, saying it was too low.

During the interview, Ajaero said that the labour unions were receiving pressure from workers, while the government was calling them names.

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“If you are talking about realistic, the N615,000 demand is the most realistic amount. And being realistic is not about collecting a salve wage. Never.

“And we have a breakdown of this into 30 items. Accommodation is about N40,000. I want you to tell me where you can get a room and a parlour for N40,000 in Abuja. Electricity/power we allocated N20,000. The current tariff will not last you for more than one week.

“Utility and water is just N10,000. The cooking gas cylinder is filled for N14,000. You have to buy twice a month as the case may be. Food for six people: four children plus husband and wife. We allocated N9,000 per day. It’s N1,500 per person. If you calculate it, you get N240,000 per month. We look at medical and allocated N50,000, assuming you are not on admission and no major ailment.

“Education we allocated N50,000, assuming your children are on free education. Sanitation, N10,000. Transportation, N3,000 for 30 days. If you sum all the items up, you will have N615,000,” he said.

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CREDIT: DAILY POST

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Nigeria should be giant in development, not only in population – Shehu Sani

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Shehu Sani, a former senator from Kaduna and a prominent social commentator, emphasized that Nigeria should not only be recognized as the most populous country in Africa but should also excel across all sectors of its economy. He made these remarks while attending the Inaugural Memorial Lecture of Prince Emeka Obasi, the late Publisher of Business Hallmark, titled ‘If this Giant Must Walk; Manifesto for a New Nigeria’.

Reflecting on his tenure representing Kaduna Central in the 8th National Assembly and his role as the Chairman of the Senate Committee on Local and Foreign Debts, Sani noted that Nigeria has yet to reach its full potential.

Despite Nigeria’s population of 220 million people, Sani pointed out that being a ‘Giant of Africa’ should extend beyond mere numbers. He advocated for Nigeria to excel in manufacturing, exports, shipbuilding, automobile production, information technology, agriculture, and education. Sani stressed that Nigeria’s status as a ‘giant’ should not be limited to population size alone.

Expressing dismay at the persistent challenges facing the country, Sani called for concrete actions to address these issues. He questioned why Nigeria, endowed with abundant natural resources, continues to grapple with problems like water scarcity, power shortages, and hunger, attributing these challenges to self-inflicted causes rather than divine intervention.

Sani emphasized the urgency of addressing Nigeria’s security challenges, particularly the threats posed by terrorists and bandits. While acknowledging some progress in tackling these issues, he stressed the need for decisive action to combat terrorism and kidnapping, which are destabilizing the nation.

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Advocating for substantial investments in science and technology, Sani highlighted the importance of a well-equipped and adequately funded security apparatus to combat threats effectively. He underscored the critical role of security in Nigeria’s progress, emphasizing that without it, the nation cannot move forward.

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