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Vice President Yemi Osinbajo has called for the regulation of cryptocurrency in Nigeria, as against the prohibition of the digital currency. Speaking at the Bankers Committee Vanguard on Friday, Prof. Osinbajo who spoke on a range of issues, touched on the issue of cryptocurrency.  "On the very topical issue of blockchain technology, digital assets, and cryptocurrencies let me say two things. “First is that there is no question that blockchain technology generally and cryptocurrencies, in particular, will in the coming years challenge traditional banking, including reserve banking, in ways that we cannot yet imagine so we need to be prepared for that seismic shift and it may come sooner than later. Already, remittance systems are being challenged. Blockchain technology will provide far cheaper options for the kind of fees being paid today for cross-border transfers.  He noted that, “I am sure you are all aware of the challenge that the traditional SWIFT system is facing from n...

There's a lot that is being said about Osinbajo, yes, Vice President Yemi Osinbajo.  Many including myself were wondering why the people of Ikenne came out en masse to receive him and sing his praise as he arrived for the APC revalidation exercise.  Puzzled by the rave review the VP was receiving in Ikenne, I asked a few friends of mine why they are celebrating a man who has not done anything for Ikenne. Here's the reply, I got.  Osinbajo is not your regular politician and he does not do things for the cameras. What he puts up on social media is for history, transparency, accountability and not for showmanship. As far as I know, his  achievements in Ikenne include: (i) The upgrading of Ikenne Town Hall (now Alakenne's Palace).   (ii) The modernisation of the Ikenne Market (iii) The construction of drainages from the Obafemi Awolowo Primary School towards Ikenne. (iv) The construction of drainages being prepared along Obafemi Awolowo Avenue (v)Through the VP, the...

The Vice President, Prof. Yemi Osinbajo earlier today presented a remark at the Abubakar Tafawa Balewa University Solar Project Launch. The Abubakar Tafawa Balewa University (ATBU), Bauchi officially plugged onto a mini-grid power plant designed to sufficiently serve the students and staff members of the institution. The VP in his remark said ‘’This is yet another mile stone in the Energising Education programme, the objective of the programme is that all 37 Federal Universities and 7 teaching hospitals will be provided with captive energy solution that will ensure sustainable and reliable power for students and faculties.’’ According to the VP, about 22,000 students and faculties are connected to completed projects in Kano, Ebonyi, Benue and now Bauchi state.  The renewable energy in the institution will have a training centre that will provide training for students on renewable energy which also entails streetlights, electro-fittings of existing ones for better illumination and p...