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JAMB Announces Date To Decide Cut-off Marks For 2024/2025 Admission

The Joint Admissions and Matriculation Board (JAMB), has disclosed that it would hold a policy meeting on Friday, July 18, 2024, regarding the 2024/2025 admission exercise for tertiary institutions in the country.

The meeting would decide the minimum cut-off marks for the 2024/2025 admission cycle for colleges of education, polytechnics and universities in the country and also set admission guidelines.

This was made known in JAMB’s weekly bulletin, which was made available to the journalists on Monday by the Board Spokesperson, Dr. Fabian Benjamin.

The policy meeting is expected to be chaired by the Minister of Education, Prof. Tahir Mamman, and have stakeholders such as the National Universities Commission (NUC), National Board for Technical Education (NBTE), National Council for Colleges of Education (NCCE), Heads of tertiary institutions in the country, and the National Youth Service Corps (NYSC), among others in attendance.

The statement noted that; “During the exercise, the Registrar will present reports on the just-concluded Unified Tertiary Matriculation Examination (UTME) and the ongoing Direct Entry (DE) applications while also analysing key performance indicators that could shape the policy directions of the government.

“Also, the meeting would apprise stakeholders of the salient issues that cropped up in the course of the previous year’s admission exercise. In addition, the policy meeting would look at the performance of candidates in the current year’s UTME in order to determine the year’s minimum admissible score.

“It would be recalled that stakeholders had in the previous year agreed on the minimum admission requirement for admission into universities, polytechnics and colleges of education.

“Furthermore, the meeting would determine the year’s admission requirements while kick-starting the admission process for the current year; discuss unresolved issues emanating from the previous academic year; and, at the same time, appraise the compliance of stakeholders with extant advisories and suggesting further amendments where necessary.”

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Tapswap postpones token allocation date indefinitely, gives reason

TapSwap, a popular tap-to-earn app utilizing TON Blockchain, has announced an indefinite postponement of its token allocation to users.

The app’s representatives are exploring the best methods to reward participants.

John Robbin, TapSwap’s Head of Communications, revealed this during an X space on Wednesday.

TapSwap, launched on February 15, 2024, allows users to mine coins by repeatedly tapping an icon on the Telegram bot screen.

The app has quickly gained popularity in Nigeria, boasting over 50 million users.

Robbin explained that the token allocation method is still being determined, and the process cannot be disclosed before the allocation. He mentioned that the new date for the token launch is July 1.

“We aim to allocate a significant portion of the tokens to the community to keep the tappers engaged. We are in talks with various exchanges and platforms to ensure a win-win situation for everyone,” said Robbin.

He also warned that users exploiting the system would be banned after community checks, urging genuine users to be patient.

Regarding the mining process, Robbin stated, “Open the app and start tapping to earn shares. More taps and upgrades result in more shares when we finalize the tokens.”

The booster option, which allowed users to double their earnings, has ended.

Robbin noted, “We introduced this feature due to the influx of new users to ensure fair allocation at TGE. The funds generated will be used to enhance the game and support our 25 staff members working to maintain the app.”

Robbin encouragetd more people to join the app, noting that there is still time to earn a substantial number of tokens.

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Nigerians Are Not The Only Ones Facing Poverty – Tinubu

President Bola Tinubu has called on Nigerians to tackle banditry and terrorism.
He said that is the easiest way to end poverty and suffering in the country.
This is as the President said that Nigerians are not the only ones facing poverty in the world.
One of the ways of tackling them, he explained, is to eliminate banditry and terrorism so that farmers cab return to the farm.
According to a statement on Tuesday by his Special Adviser on Media and Publicity Ajuri Ngelale, the President said this in Lagos on Monday when he received a delegation from the National Assembly who came to felicitate with him on the occasion of Eid-el-Kabir.
The delegation was led by the Senate President, Godswill Akpabio, alongside the Deputy Senate President, Jibrin Barau and Deputy Speaker of the House of Representatives, Benjamin Kalu, among others.
According to him, it is imperative for Nigerians to have a change of value system for the nation to make progress.
“Yes, there is poverty; there is suffering in the land. We are not the only people facing such, but we must face our challenges.
 
“We must find a way to eliminate banditry and terrorism so that farmers can bring out food from the farmland.
 
“If you do not have good roads to bring the food to the population, even if you grow the food and you are losing 60-70 per cent to damages, you will pay the price,” the President said.
He challenged citizens to have a change of mindset about Nigeria if the nation is to overcome its current challenges.
“The need (for some citizens) to change the rent-seeking mindset and become more productive to the economy is a challenge. The need to stop smuggling and all economic sabotage.
 
“Why should we have people removing rail tracks and all that, stealing electric cables and sabotaging the economy?
 
“We must embrace the campaign to change our value system. We must tell our people that the challenge we face is for all of us to change our mindset about our country,” Tinubu stressed.
The President also commended the leadership of the National Assembly for the support extended to his administration, which he said had resulted in some of the important developments recorded by his administration.
“It is great pride for me to have the best of partners in the National Assembly. We have to drill down and be all-inclusive in our bid to satisfy our people.
 
“It is daunting, but we cannot run away from the fact that this country must survive the hardship,”he stated.
The President acknowledged the challenges and the task ahead, assuring the nation of his unwavering determination to turn things around.”
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The Rise of Cryptocurrency in the Sports Betting Industry

The adoption of cryptocurrency in sports betting is reshaping the way punters engage with their favourite casino games. Crypto sports betting platforms like crypto casino UK, are gaining tremendous traction among bettors and investors alike, thanks to the transparency, security, and efficiency they provide.

This trend signifies a major shift in the gambling landscape, driven by the advantages of cryptocurrency transactions.

Advantages of Crypto Sports Betting

  1. Speed of transactions: Traditional banking methods is slow, especially when it comes to international transfers. Cryptocurrencies, allow bettors to quickly deposit and withdraw funds without unnecessary delays. This efficiency is important in the fast-paced realm of sports betting, where timing is critical.
  2. Anonymity: Unlike conventional payment methods, cryptocurrencies provide a higher level of anonymity and protection against fraud. This makes them particularly appealing to users who prioritise privacy and security in their transactions.
  3. Diversity: Crypto sports betting also offers bettors the opportunity to diversify their betting portfolio. With the ability to use various cryptocurrencies, bettors can take advantage of different betting markets and opportunities. This diversification can help reduce risks and potentially increase profits.

Challenges of Crypto Sports Betting

  1. Volatility: The value of cryptocurrencies can fluctuate dramatically within short periods, which can pose risks for bettors looking to maintain stable bankrolls.
  2. Lack of regulation: High risk of fraud due to an unregulated market. Bettors should ensure that a platform is reputable and trustworthy for safeguarding ones assets and personal information.
  3. Decentralization Tradeoffs: The decentralized nature of cryptocurrencies means no central authority governs transactions. Many jurisdictions have vague or no specific regulations around cryptocurrency used for sports betting. Undefined rules raise compliance risks and uncertainty for operators and consumers.

Conclusion

With the increasing acceptance of digital currencies, more players are finding crypto transactions to be a convenient and secure alternative to traditional payment methods. This transition not only enhances user experience but also introduces new opportunities for growth within the gaming industry.

The future of cryptocurrency sports betting looks promising. As cryptocurrencies continue to gain mainstream acceptance and adoption, more sports betting platforms will likely incorporate cryptocurrency options. This will provide bettors with more choices and opportunities to bet using their preferred cryptocurrencies.

Furthermore, advancements in blockchain technology, the underlying technology behind cryptocurrencies, can further enhance the security, transparency, and efficiency of crypto sports betting.

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Binance Reacts as FG Drops Tax Charges Against Executives

Crypto exchange platform, Binance has reacted after its officials executives, Tigran Gambaryan, and Nadeem Anjarwalla were discharged of tax evasion charges filed by the Federal Inland Revenue Service.

They were cleared on Friday by the Federal High Court in Abuja.
The court’s decision came on Friday after the FIRS submitted amended charges that effectively dropped the tax evasion allegations against Gambaryan and Anjarwalla, who absconded to Kenya.
This change followed Binance’s notification of appointing a Nigerian representative, Ayodele Omotilewa, to handle its local operations. The original charges, filed on March 22, 2024, accused Binance and Gambaryan of tax evasion.
In a shared note with The PUNCH, the platform said it was relieved that tax charges against Gambaryan and Anjarwalla have been dropped because they are decision-makers at the company.
The platform said, “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.
 
“This further illustrates 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.”

 
The crypto platform also called on the Economic and Financial Crimes Commission to take similar steps, allowing Gambaryan to return home to his family.

It emphasized Gambaryan’s deteriorating health due to 110 days of detention, during which he was diagnosed with malaria and pneumonia.
“We commend the FIRS for their diligence and professionalism throughout this process. This situation unequivocally demonstrates Binance’s commitment to resolving this issue with the government transparently and cooperatively.
 
“In order for Tigran to be allowed to go home to his family, we are hopeful that the Economic and Financial Crimes Commission (EFCC) will take similar steps.
 
“Tigran has been detained for 110 days, and his physical health is deteriorating, including a recent malaria and pneumonia diagnosis. Binance is committed to continuing to work with the Nigerian government to resolve this,” Binance added.
The next hearing in the case is scheduled for June 19, 2024. where the application for an order for the enforcement of fundamental rights will be heard.
On June 20, the EFCC trial is due to continue, while Tigran will remain detained at Kuje prison.
Since Tigran collapsed in court on May 23rd with Malaria, his health conditions have worsened and Tigran now has pneumonia.
Despite a court order by Justice Emeka Nwite to take Tigran to the hospital immediately, it took the prison authorities 11 days to take him for a brief check-up.
The PUNCH reported last week that 16 US Members of Congress, including the chair of the Foreign Affairs Committee, Michael McCaul wrote to President Biden highlighting that he is a “U.S. Citizen wrongfully detained by a foreign government,” and urging him to do more to secure his release.
Recall the the Federal Government had accused the cryptocurrency exchange of manipulating foreign exchange (FX) rates, which led to increased scrutiny of crypto trading platforms.
Separately, the EFCC is prosecuting Binance and its executives on charges of alleged money laundering and foreign exchange violations.
On February 28, 2024, Nigerian authorities detained two senior Binance executives when they arrived in Nigeria for a meeting following the Federal Government’s ban on cryptocurrency channels, part of a broader campaign against currency speculation.
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President Bola Tinubu’s National Broadcast on 2024 Democracy Day (Full Text)

President Bola Tinubu has delivered his 2024 Democracy Day speech.
The speech was delivered on Wednesday morning to celebrate democracy.
Read the full text below:
My fellow Nigerians, let me begin by congratulating all of us for witnessing the celebration of another Democracy Day today, the 12th day of June 2024. This year also marks our nation’s 25 years of uninterrupted democratic governance.
On this day, 31 years ago, we entered our rites of passage to becoming a true and enduring democratic society.
Going through this passage was hard and dangerous. During the fateful six years that followed, we fought and struggled for our natural rights as human beings put on this earth by the divine hand of our Creator.
We lost great heroes and heroines along the way. In this struggle, the winner of the June 12, 1993, presidential election, Chief MKO Abiola, the most significant symbol of our democratic struggle, his wife, Kudirat, General Shehu Musa Yar’Adua and Pa Alfred Rewane, among others sacrificed their very lives.
They bravely surrendered their futures, so that our nation might have a better one.
Let us honour the memories of Chief Anthony Enahoro, Chief Abraham Adesanya, Commodore Dan Suleiman, Chief Arthur Nwankwo, Chief Chukwuemeka Ezeife, Admiral Ndubuisi Kanu, Chief Frank Kokori, Chief Bola Ige, Chief Adekunle Ajasin, Chief Ganiyu Dawodu, Chief Ayo Fasanmi, Chief Gani Fawehinmi, Chief Olabiyi Durojaiye, Dr. Beko Ransome-Kuti, Chima Ubani, and others who have transited to the higher realm.
The sacrifices of General Alani Akinrinade, Professor Bolaji Akinyemi, Professor Wole Soyinka, Chief Ralph Obioha, Chief Cornelius Adebayo, among many others, should never be forgotten. For at least six years, they bore the pains and difficulties of life in exile.
While the exiled pro-democracy activists kept the fire burning, their comrades at home sustained the pressure on the military brass hats. Among the latter are Olisa Agbakoba, Femi Falana, Abdul Oroh, Senator Shehu Sani, Governor Uba Sani, Chief Olu Falae, and other National Democratic Coalition leaders such as Chief Ayo Adebanjo and Chief Ayo Opadokun.
The sacrifices they made, and the precious gift brought about by their selfless devotion can never be repaid. Neither shall it be forgotten.
We could not have won the battle against military dictatorship without the irrepressible Nigerian journalists who mounted the barricades along with the pro-democracy activists. We celebrate them today, along with their media establishments such as The Punch, Guardian, National Concord, Tribune, The News/Tempo, and TELL Magazines.
Military authorities proscribed these media establishments and jailed their journalists for standing for free speech and civil liberties.
Despite the lethal might of the military government, what appeared to be high and unyielding walls of dictatorship came tumbling down. The dismal fortress exists no longer.
The power of an idea, the power of the people proved more potent than all the guns and munitions, than all the guns, the munitions and the threats of the strongmen.
The nation exited the yoke of military rule in 1999 to become the most populous democracy on African soil, the beacon of democratic self-determination for the black race and one of the largest democracies in the world.
This change stands as a pivotal moment in human history. From this change, we shall never turn, nor shall the annals of mankind’s progress forget the sublime meaning of this great moment.
Today, 25 years later, we celebrate the silver anniversary of our journey in democracy.
We have steadied the course.
Democracy is neither a foreign nor abstract concept devoid of real-life meaning for us. Neither can we afford to reduce or minimalise it to being nothing but the mere holding of periodic elections where one candidate and party outdo another.
While elections attract dramatic attention, they are but one aspect of democracy. Democracy is a way of life that encompasses a broad outlook of which elections are but a part. As such, a nation can have elections without being democratic. But a nation cannot be truly democratic without holding elections.
That we have established a tradition of holding transparent, open, and fair elections gives credence to our democratic bearing. That we have experienced peaceful transitions of government affirms our democratic temperament.
Fellow Nigerians, true democracy shines its light into the daily lives of the people who live under its nurturing wings. It affords us the freedom and liberty to think as we want, live where we want and pursue whatever legitimate endeavour that suits us.
Democracy does not assume some false or forced unity of opinion. In fact, democracy assumes that conflicting ideas and differing opinions shall be the order of the day. Given the diversity and variety of the human experience, there must be diverse perspectives and viewpoints.
What democracy demands is that we do not resolve differences through force and repression. But we make allowance for the legitimacy of views that differ from our own.
Where other forms of government impose against the will of the people, democracy aims to make leaders sufficiently humble that they conduct themselves as servants of the common good, not as viceroys of the narrow interests of the mighty.
My dear compatriots, Nigeria faced a decision of untold gravity twenty-five years ago: Whether to veer toward a better destination or continue aimlessly in the fog of dictatorship.
We made the right choice then. We must continue with that choice now.
As Nigerians, we must remind ourselves that no matter how complicated democracy may be, it is the best form of governance in the long run. We must also be aware that there are those among us who will try to exploit current challenges to undermine, if not destroy, this democracy for which so much has already been given.
These people do this not to make things better but to subject all other people and things to their control and dominance until the point that, if you are not counted among their elite, then your life will be small and no longer owned by you.
This is the great battle of our day and the major reason we especially celebrate this Democracy Day.
Fellow Nigerians, our Democracy is more than a historical fact. It is a living, breathing reality.
The true meaning of this day is not to focus solely on the great deeds of the past that have brought us to this point.
Yes, we pay eternal honour to those who laid down their lives, sacrificing everything to pave the way for the nation.
I stand uniquely placed in this regard. I was among those who took the risk to midwife the birth of our democracy. I am now a direct and obvious beneficiary of the fruits of those historic efforts.
As president of this nation, I am morally and constitutionally bound to preserve this precious form of governance. I vow to do my utmost best to protect your rights, freedoms, and liberties as citizens of Nigeria.
Even more than that, I pledge to do whatever is necessary to cement democracy as our way of life.
Although the challenges are steep and multiple, I am grateful to lead Nigeria at this moment in her history and point in her democratic journey.
I come before you also to declare that our most important work remains before us. This real test has never been whether we would rise to challenge the slings of misfortune and grievous pain of dictatorship.
The real test is whether we shall lower our guards as the shadow of despotism and its evident physical danger fade.
I say to you here and now that as we celebrate the enshrinement of our political democracy, let us commit ourselves to the fulfilment of its equally important counterpart, the realisation of our economic democracy.
I understand the economic difficulties we face as a nation.
Our economy has been in desperate need of reform for decades. It has been unbalanced because it was built on the flawed foundation of over-reliance on revenues from the exploitation of oil.
The reforms we have initiated are intended to create a stronger, better foundation for future growth. There is no doubt the reforms have occasioned hardship. Yet, they are necessary repairs required to fix the economy over the long run so that everyone has access to economic opportunity, fair pay and compensation for his endeavour and labour.
As we continue to reform the economy, I shall always listen to the people and will never turn my back on you.
In this spirit, we have negotiated in good faith and with open arms with organized labour on a new national minimum wage. We shall soon send an executive bill to the National Assembly to enshrine what has been agreed upon as part of our law for the next five years or less.
In the face of labour’s call for a national strike, we did not seek to oppress or crack down on the workers as a dictatorial government would have done. We chose the path of cooperation over conflict.
No one was arrested or threatened. Instead, the labour leadership was invited to break bread and negotiate toward a good-faith resolution.
Reasoned discussion and principled compromise are hallmarks of democracy. These themes shall continue to animate my policies and interaction with the constituent parts of our political economy.
I take on this vital task without fear or favour and I commit myself to this work until we have built a Nigeria where no man is oppressed.
In the end, our national greatness will not be achieved by travelling the easy road. It can only be achieved by taking the right one.
The words of the American President Franklin Roosevelt certainly ring true:
“There are many ways of going forward. But only one way of standing still”!
We dare not slumber lest the good things awaiting our immediate future pass us by. We dare not plant our feet in an idle standstill in the middle of the intersection of hope and despair.
We know the proper way forward and we shall take it!
The initial rays of a brighter tomorrow now appear on the early horizon. An abundant future and our capacity to achieve that future lie within our reach. Democracy and the institutions it begets offer to take us to our profound destination.
Let us board this progressive train together. Together, let us move Nigeria forward.
Let’s continue to keep the fire of democracy burning. Let’s keep the torch lit for generations to come.
May God continue to bless the Federal Republic of Nigeria and preserve our democracy.
I wish us all a Happy Democracy Day.
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President Tinubu Arrives Eagles Square For Democracy Day Celebration

President Bola Ahmed Tinubu has arrived at Eagles Square, Abuja, for the Democracy Day celebration parade.

Tinubu who was accompanied by his wife, Remi Tinubu, was ushered in by the presidential motorcade.

The national anthem is being recited to signal the commencement of the program.

At the event are the Chief of Defence Staff, General Christopher Musa, Vice President of the country, Kashim Shettima, and the Senate president, Godswill Akpabio.

Nigeria is celebrating 25 years of uninterrupted democratic rule.

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Minimum Wage: N60,000 Too High – Governors

Governors of the 36 states of the Federation have said they cannot pay N60,000 minimum wage proposed by the Federal Government.
The Director Media and Public Affairs of the Nigeria Governors’ Forum, NGF, Hajiya Halimah Salihu Ahmed stated this on Friday.
The governors said the N60,000 wage is not realistic and unsustainable.
They argued that if implemented, it would force some states in the country to be borrowing to pay workers’ salaries.
“The Nigeria Governors’ Forum (NGF) is in agreement that a new minimum wage is due. The Forum also sympathises with labour unions in their push for higher wages.
 
“However, the Forum urges all parties to consider the fact that the minimum wage negotiations also involve consequential adjustments across all cadres, including pensioners.
 
“The NGF cautions parties in this important discussion to look beyond just signing a document for the sake of it; any agreement to be signed should be sustainable and realistic.
 
“All things considered, the NGF holds that the N60,000 minimum wage proposal is not sustainable and cannot fly. It will simply mean that many states will spend all their FAAC allocations on just paying salaries with nothing left for development purposes.
 
“In fact, a few states will end up borrowing to pay workers every month. We do not think this will be in the collective interest of the country, including workers.
 
“We appeal that all parties involved, especially the labour unions, consider all the socioeconomic variables and settle for an agreement that is sustainable, durable, and fair to all other segments of the society who have legitimate claim to public resources,” parts of the statement read.
Recall that the Nigeria Labour Congress, NLC, and the Trade Union Congress, TUC, embarked on an indefinite strike after rejecting the Federal Government’s N60,000 offer.
The labour leaders later announced that they would relax the strike action for one week, to give room for further negotiations with the Federal Government, which had promised to increase the wage from N60,000.
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ASUU Holds Crucial NEC Meeting

The Academic Staff Union of Universities, ASUU will hold an emergency National Executive Council (NEC) meeting in Abuja.

The crucial meeting, scheduled to take place at the ASUU Secretariat, will see the gathering of the union’s principal officers, national officers, zonal coordinators, and branch chairmen from across the nation to deliberate on pressing welfare issues affecting its members.

In preparation for the meeting, notifications have been sent to all those expected to participate, ensuring robust attendance for comprehensive discussions.

This gathering follows a prior meeting held at Obafemi Awolowo University (OAU), Ile-Ife, Osun State, where specific tasks were assigned to zonal coordinators and branch chairmen.

A source, who preferred to remain anonymous, informed SunNewspaper that the agenda for the upcoming meeting would include a review of these assignments and further discussions on unresolved issues.

However, the source did not confirm whether the Federal Government had introduced any new proposals or taken decisive actions regarding the outstanding grievances that necessitated this emergency NEC meeting.

The source stated, “I am not aware of any new government positions on our demands. We have many outstanding demands that require the attention of the Federal Government. Several letters were written and no positive response.

“One thing that I can tell you is that our members are agitated over the withheld salaries, non-payment of the academic earned allowances, and other issues affecting public universities in the country, which the government has refused to address.”

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We Are On Strike, Stay At Home – NLC Tells Workers

The Nigerian Labour Congress, NLC, has instructed Nigerian workers to stay at home as it embarks on a Nationwide strike today, June 3.

The NLC made this known in a post shared on its X handle this morning June 3.

The decision of the Organised Labour to continue with its nationwide strike followed the deadlock meeting it had with the Federal Government and the National Assembly leaders over a new national minimum wage and reversal of the recent hike in electricity tariffs.

The labour unions argue that the current minimum wage of ₦30,000 can no longer cater to the wellbeing of an average Nigerian worker, lamenting that not all governors are paying the current wage award which expired in April 2024, five years after the Minimum Wage Act of 2019 was signed by former President Muhammadu Buhari. The Act should be reviewed every five years to meet up with contemporary economic demands of workers.

Labour later handed the Federal Government a May 31 deadline for the a new minimum wage. On May 31, the Labour union declared a nationwide strike beginning from Monday, June 3, 2024 over the government committee’s inability to agree on a new minimum wage and reversal of electricity tariff hike.

During the failed talks with the government, Labour rejected three government’s offers, the latest being N60,000. Both the TUC and the NLC subsequently pulled out of negotiations, insisting on ₦497,000 as the new minimum wage.