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FG drops tax charges against Binance executive

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The Federal Inland Revenue Service says it is dropping the tax charges against Tigran Gambaryan, Binance’s head of financial crime compliance.

Confirming the development, Dare Adekanmbi, the agency’s spokesperson, said the federal government “is dropping charges against the two individuals sued along with the cryptocurrency firm, Binance”.

“Please note that the charges are being dropped against the second and the third defendants in the matter,” he added

Speaking in a statement on Friday, Binance said the development illustrates that Gambaryan is not a decision-maker at the cryptocurrency firm.
“We are relieved that the Federal Inland Revenue Service (FIRS) has served and filed amended charges today, resulting in tax charges against Tigran Gambaryan being dropped,” the statement reads.

“Further illustrating that Tigran is not a decision-maker at Binance and does not need to be held in order for Binance to resolve issues with the Nigerian government.
“We await the court’s ruling on this, discharging Tigran from this matter completely.”
Binance also commended the FIRS for their diligence and professionalism throughout this process.
The company said the situation unequivocally demonstrates its commitment to resolving the issue with the government transparently and cooperatively.

Gambaryan and Nadeem Anjarwalla, Binance’s regional manager for Africa; were detained by the Nigerian authorities on February 28.

 

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NLC announces indefinite strike action

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NLC announces indefinite strike action
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NLC announces indefinite strike action

The Nigeria Labour Congress (NLC) has ordered its members in states that are yet to commence the implementation of the new minimum wage to commence an indefinite strike, beginning from December 1, 2024.

The directive is part of the resolutions of the NLC after its National Executive Council (NEC) meeting at the weekend.

“The NEC notes with deep frustration the persistent delay and outright refusal by some state governments to implement the 2024 National Minimum Wage Act. This betrayal by certain governors and government officials across the country flies in the face of both legality and morality, as workers continue to be denied their rightful wages amidst rising economic hardship. It is a blatant disregard for the law and the lives of millions of Nigerian workers, who are being exploited by the very leaders sworn to protect them.

“The NEC therefore resolves to set up a National Minimum Wage Implementation Committee that will among others commence a nationwide assessment, mobilization and sensitization campaign, educating workers and citizens on the need to resist this assault on their dignity and rights. Furthermore, the NLC shall initiate a series of industrial actions in all non-compliant states and shall not relent until the minimum wage is fully implemented across Nigeria.

“To this end, all state Councils where the National Minimum Wage has not been fully implemented by the last day of November, 2024 have been directed to proceed on strike beginning from the 1st day of December, 2024. Nigerian workers demand justice, and justice they shall have,” the NLC communique read in part.

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Travellers must report reckless driving to curb crashes — FRSC

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Travellers must report reckless driving to curb crashes — FRSC
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The Plateau State Command of the Federal Road Safety Commission, on Friday, concluded a series of activities aimed at reducing road accidents during the 2024 ember months with a call on travellers to report reckless driving in order to achieve the objective.

The campaign, tagged “Speak Up Against Dangerous Driving: Crashes Kill More Passengers Than Drivers,” kicked off on November 6, 2024, in Jos, the state capital, with a press briefing, town hall meeting, fliers distribution to the members of the public as well as motorcade carnival to sensitise the people.

Speaking at the flag-off ceremony, the Sector Commander of the FRSC in the state, Maxwell Plateau, emphasised the need for behavioural change among drivers.

He stressed that passengers have the right to a safe drive and encouraged them to caution drivers who violate road rules.
We must appreciate the selfless services the transport subsector in the country ensures that the movement of people, goods, and services get to their destinations safely.

“However, we must be deliberate in playing our role to maximize safety. As such, FRSC will, at this critical moment, intensify, increase visibility, provide prompt response to rescue, and add more gravity to the enforcement of traffic rules and regulations to ensure our safety. However, passengers also have their own roles to play.

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MINISTER OF STATE WORKS ON THE SPOT ASSESSMENT OF ILLELA-BADAGRY SUPERHIGHWAY

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MINISTER OF STATE WORKS ON THE SPOT ASSESSMENT OF ILLELA-BADAGRY SUPERHIGHWAY
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MINISTER OF STATE WORKS ON THE SPOT ASSESSMENT OF ILLELA-BADAGRY SUPERHIGHWAY

Minister of State Works, Bello Muhammad Goronyo has expressed satisfaction with the level of progress so far made on the Multi-Million Naira Illela-Badagry Superhighway conceived to connect Northern with the Southwestern part of Nigeria and neighbouring Niger Republic.

This is during an on the spot assessment to illela Amarawa the originating point of the legacy Project.

Contract for the construction of the 3 lane carriageway was awarded on 14th August, 2024 by President Bola Tinubu led Administration to create jobs, connect Communities and fast track economic development of the Country in line with his renewed hope Agenda on Road infrastructural development.

Work on the phase One 1A covering 120km that stretches 4 Local Government Areas of Sokoto State commenced on the 4th November as directed by the Minister of Works David Umahi.

The Minister of State Works Bello Muhammad Goronyo embarks on an on the spot assessment to ensure total compliance by the Contractor handling the Project

On the recent revocation of the Abuja-Kaduna-Kano Road Project, the Minister lamented that, after eight Years the Federal Government can no not be hold to ransom by underperforming Firms.

Goronyo stated that the Ministry will re-award the contract to a more serious company in due course to facilitate movement of goods and services.

Representative of the Contracting Firm Willie Barkhursen and Federal Controller of Works incharge of Sokoto State Maigwandu Kasim assured that, the Project is being executed according to specifications and would be completed within the agreed 24 Months period.

A joint reconnaissance survey is ongoing under the Office of the National Security Adviser to ensure safety of workers and equipment

The over 1000km length Superhighway passes through Four Northern and Three Southern States of Sokoto, Kebbi, Niger, Kwara, Oyo, Ogun and Lagos

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