Connect with us

Business

Twitter liable for lives, property lost during #EndSARS protests – FG

Published

on

Minister of Information and Culture, Lai Mohammed, has said Twitter and its founder, Jack Dorsey, are liable for the loss of lives and property the country suffered during the EndSARS protests.
He stated this on Tuesday when he featured on a Radio Nigeria’s programme.
He accused Dorsey of raising funds through Bitcoins to sponsor the EndSARS protests while his platform, Twitter, was used to fuel the crisis.
He said Nigerians did not taken him seriously when he made the allegations earlier, until investigations were carried out by an online media outfit.
The minister said the online publication confirmed that Dorsey retweeted some posts by coalitions supporting the EndSARS protests and further launched an emoji to make the protest visible on the microblogging site.
He said, “If you ask people to donate money via bitcoins for EndSARS protesters then you are vicariously liable for whatever is the outcome of the protest.
“We have forgotten that EndSARS led to loss of lives, including 37 policemen, six soldiers, 57 civilians while property worth billions of naira were destroyed.
“164 police vehicles and 134 police stations were razed to the ground; 265 private corporate organisations were looted while 243 public property were looted.
“Eighty-one warehouses were looted while over 200 brand new buses bought by Lagos State Government were burnt to ashes.”
Mohammed said it was unfair to conclude that Twitter was suspended because it deleted President Muhammadu Buhari’s tweet.
He said the government took the action because the platform was being used to promote the views of those who wanted to destabilise the country.
He said, “Twitter has become a platform of choice for a particular separatist promoter.
“The promoter consistently used the platform to direct his loyalists to kill Nigerian soldiers and policemen, run down INEC offices and destroy all symbols of Nigeria’s sovereignty.
“Every attempt to persuade Twitter to deny its platform to this separatist leader was not taken serious.”

The minister also said Twitter had written the Federal Government that they wee ready to talk.
“As we have always maintained, the door is not locked and we are open-minded but Twitter must work toward it,” he said.
The minister reiterated the government’s position that it would not tolerate any platform that would be used to destabilise the country.
Mohammed said among other conditions for Twitter to resume operation in Nigeria, there must be an agreement as to what contents it could post.
He said Twitter and other platforms must also register as a Nigerian company, obtain licence from the National Broadcasting Commission and be guided by the rules of the licensing as well as pay taxes.

Auto

Photos: Coscharis rolls out new Land Rover Discovery Sport, Jaguar F-Pace

Published

on

 

Coscharis Motors on Wednesday unveiled the 2021 edition of the Land Rover Discovery Sport and Jaguar F-Pace at its Lekki-Epe Expressway head office, Lagos.
Detailed reports later…

 

 

 

 

 

 

 

 

Continue Reading

Business

CBN fixes N1m application fee for payment service firm

Published

on

Anyone intending to set up a payment service holding company will have to pay a mandatory application fee of N1m, the Central Bank of Nigeria has announced.
This, it said, was part of the guidelines for the establishment and regulation of payments service holding companies in Nigeria.
Musa Jimoh, CBN’s director of payments system management department, stated this in a circular.
The guidelines require companies that intend to offer both switching and processing, and mobile money services to set up a PSHC structure.
“This arrangement would prevent commingling of activities, facilitate management of risks and enable the Central Bank of Nigeria exercise adequate regulatory oversight on all the companies operating within the Group (PSHC),” the circular stated.
The CBN said promoters of a PSHC would be required to submit a formal application for the grant of a licence.
But it said the application process would be in two phases: approval-in-principle (AIP) and a final licence.
According to the guidelines, the capital requirement to apply for an AIP is “a non-refundable application fee of N1,000,000.00 (One Million Naira only) or such other amount that the CBN may specify from time to time; payable to the Central Bank of Nigeria, through electronic transfer.
“Not later than six (6) months after obtaining the AIP, the promoters of a proposed PSHC shall submit an application to the CBN for the grant of a final licence.
“The application shall be accompanied with non-refundable licensing fee of N5,000,000.00 (Five Million Naira only), or such other amount that the CBN may specify from time to time, payable to the Central Bank of Nigeria by electronic transfer.”
The apex bank explained that a PSHC would be set up for the purposes of making and managing equity investment in two or more companies being its subsidiaries, which are payments service providers across three categories: mobile money operations, switching and processing, and payment solution services.
It said, “PSHC shall be non-operating, existing solely to carry out investment in approved subsidiaries without engaging in the day-to-day management and operations of subsidiaries.
“It shall have a board size of between 5 and 10 or as determined by applicable CBN Corporate Governance Guidelines.”
The CBN added that no PSHC is allowed to borrow from the Nigerian banking system for the purpose of capitalising itself or any of its subsidiaries.

Continue Reading

Aviation

UAE lifts ban on transit flights from Nigeria, others

Published

on

The United Arab Emirates has announced the exclusion of some countries from which entry has been prohibited, including India, Pakistan, Sri Lanka, Nepal, Nigeria and Uganda, as of August 5.
These categories of travellers named are those with valid residency permits who have received full vaccination doses in the UAE and 14 days have passed since receiving the second dose and who have vaccination certificates approved by the official authorities in the country.
Others are medical personnel working in the country will be excluded, including doctors, nurses, technicians from the vaccinated and non-vaccinated, and those working in the educational sector in the country who teach in universities, colleges, schools and institutes from the vaccinated and non-vaccinated categories.
Students studying in the country and humanitarian cases (vaccinated or not vaccinated) who hold valid residency, workers in federal and local government agencies, and cases of completing treatment in the country, whether they are catering or not, will be excluded.
All of these categories will be required to submit a request on the website of the Federal Authority for Identity and Citizenship to obtain the necessary approvals in addition to vaccination certificates certified by the concerned authorities in the country for the categories from which these certificates are required.
The excluded groups will be obligated to submit a prior (PCR) laboratory test within (48) hours from the date of departure, provided that the tests are from accredited laboratories, bear a QR Code, and conduct a quick laboratory test before boarding the plane.
In addition to applying precautionary and preventive measures to receive arrivals, including quarantine and PCR checks upon and after arrival, in addition to follow-up and health monitoring of arrivals.
Travel will resume for transit passengers from all countries from which transit passengers were previously suspended, provided that the traveler’s last destination is accepted and a laboratory examination is submitted within 72 hours from the time of departure, and the country’s airports will allocate special lounges for transit passengers.

Continue Reading

Trending