Politics
Reps Summon CBN and Banks Over Unverified POS Operators
The House of Representatives summons the CBN and banks over concerns about unverified POS operators across Nigeria.
The Nigerian House of Representatives has decided to summon Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), along with the Chief Executive Officers of commercial banks, to discuss the inadequate documentation of Point of Sale (POS) users nationwide.
This resolution emerged from a motion introduced by John Okafor, the representative for Ehime/Mbano/Uboma/Obowo Federal Constituency in Imo State, during a plenary session on Wednesday.
Okafor pointed out the escalating issues linked to the undocumented identities of POS users, which create significant obstacles for security and financial regulations.
He urged his fellow lawmakers to endorse the motion, stressing the necessity for a unified approach to address the issue.
He noted that there have been instances of fraudulent activities associated with POS users, asserting the urgent need to combat such illegal practices to protect the integrity of financial transactions in Nigeria.
He remarked that the House recognizes that undocumented POS transactions present a vulnerability to fraud, including identity theft and money laundering.
By mandating the documentation of users’ identities, the prevalence of fraud could be substantially diminished, thereby enhancing the security of financial transactions in the country.
Furthermore, he emphasized that proper documentation would promote accountability among operators and users, facilitating the tracing of transactions back to individuals and holding them responsible for any illicit activities.
In a critical remark directed at the apex bank, the All Progressives Congress lawmaker highlighted what he termed regulatory bias and enforcement challenges faced by relevant authorities.
He called for immediate action to prevent this troubling situation and to protect Nigerians from criminal exploitation through the POS system.
Politics
“ADC is a Holy Party, Cannot be used to Scam Nigerians Again” – Hon Success Opara tells David Mark
ADC Party in Turmoil: Hon Success Opara Slams Leadership, Warns Against Scamming Nigerians
Abuja, Nigeria – The African Democratic Congress (ADC) is facing internal strife as Hon Success Opara, a prominent party official, has warned against attempts to use the party to deceive Nigerians. Opara specifically criticized the leadership of David Mark, stating that the party cannot be used to scam citizens again.
“ADC holy Party cannot be used to scam Nigerians again,” Opara said, emphasizing that those forming coalitions are hindering the party’s growth and denying youths opportunities to thrive.
“Those who are forming coalition don’t want to give the youths the chance to strive in the party,” she added.
Opara’s statement highlights the deepening divisions within the ADC, with concerns over leadership and the party’s direction.
The factional National Chairman of the African Democratic Congress (ADC), Nafiu Bala Gombe, has announced that the party under his leadership will bar individuals above the age of 55 from contesting for political positions.
Gombe made the disclosure during an interview with BBC Hausa, where he outlined a vision centred on generational change and greater youth participation in politics.
“The African Democratic Congress (ADC) is a party that belongs to all Nigerians. What we are doing now is to ensure the party moves forward properly.
“We have decided that we will give the youths a real chance. The time has come for young people to take the lead in politics.
“If you are over 55 years old, you are not going to contest for positions in the ADC under our leadership.
“We want to bring in fresh blood, new ideas, and energy from the youth. Nigeria’s future depends on the young generation.
“The old ways have not worked well for the country. We need to open the door wide for youths to participate fully as candidates, leaders, and decision-makers,” he said.
Politics
“Jail David Mark” as ADC’s Internal Crisis Deepens: Hon Success Opara Threatens Action Against David Mark
Abuja, Nigeria – Tensions within the African Democratic Congress (ADC) reached a boiling point as Hon Success Opara, a high-ranking party official, warned that she would not hesitate to send former Senate President David Mark to jail if she were the judge handling the party’s internal litigation cases.
Opara’s statement comes in response to allegations that Mark and the party’s National Executive Committee (NEC) failed to adhere to the ADC’s constitution.
“I’ll jail David Mark if I’m the Judge handling the ADC party internal litigation cases, citing how David Mark and the NEC were not able to adhere to what is written in the constitution of the ADC,” Opara said.
The internal strife has led to a flurry of court cases, with various factions vying for control of the party. Opara’s remarks underscore the deepening divisions within the ADC and raise questions about the party’s future.
HRH Ekwueme of Ochia Kingdom Iynched & kiIIed in Imo.
“ADC is a Holy Party, Cannot be used to Scam Nigerians Again” – Hon Success Opara tells David Mark
2027: Bala declares aspirants over 55 years disqualified in ADC
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