ADVERTISEMENT
Apples Bite Int'l Magazine
  • News Bite
    • All
    • Arts
    • Events
    • International
    • National
    • Politics
    • Press Release
    • Security
    • Show Biz
    • Sports
    Tinubu Hails Wike’s Impact, Says Abuja Has Improved 50 Years After FCT Creation

    Tinubu Hails Wike’s Impact, Says Abuja Has Improved 50 Years After FCT Creation

    Plateau Violence: 200 Killed in Five Months, Youth Coalition Says

    Plateau Violence: 200 Killed in Five Months, Youth Coalition Says

    Nigeria, Ghana Push AU Action Against Rising Afrophobia in Africa

    Nigeria, Ghana Push AU Action Against Rising Afrophobia in Africa

    Cyberattack Forces Delay of NBA 2026 Presidential Election

    Cyberattack Forces Delay of NBA 2026 Presidential Election

    Supreme Court Orders Final Forfeiture of Emefiele’s Assets to Federal Government

    Supreme Court Orders Final Forfeiture of Emefiele’s Assets to Federal Government

    President Bola Tinubu has signed the Presidential Executive Order on Virtual Assets Coordination, 2026, establishing a unified framework to regulate virtual assets and strengthen Nigeria's digital economy. The President signed the order pursuant to Section 5 of the 1999 Constitution (as amended), and it took effect immediately, according to a statement issued Friday by presidential spokesperson, Bayo Onanuga. The statement explained that the order was designed to address a fragmented regulatory landscape, where overlapping and disjointed oversight by government agencies had exposed Nigerians to risks such as money laundering, terrorism financing, cybersecurity threats, fraud and revenue losses. It noted that unregistered operators had exploited these gaps in the past to defraud unsuspecting citizens. To close these loopholes, the order establishes a Virtual Asset Council chaired by the Central Bank of Nigeria (CBN), with the Nigeria Revenue Service (NRS) and the Securities and Exchange Commission (SEC) serving as vice-chairs. Other members include the Nigerian Financial Intelligence Unit (NFIU) and the Office of the National Security Adviser (ONSA). The Council will set policy direction, foster cooperation among the agencies, and collaborate with the Attorney-General of the Federation to build a harmonised legal and institutional framework for the sector. A Virtual Asset Office will also be created as the Council's operational arm, with its secretariat based at the CBN. The office will coordinate information sharing, applications and reporting among agencies through an integrated supervisory technology platform. The statement clarified that the order does not create a new regulator or strip any agency of its existing powers. Instead, registration of virtual asset activities will be determined by the nature of the asset involved — the SEC will register security-related activities, while the CBN will handle payment, settlement, custody and other non-security virtual asset services. The Council will resolve any disputes over jurisdiction. As part of the coordinated approach, the CBN is proceeding with a regulatory sandbox that will allow eligible operators to test virtual asset products and blockchain-based solutions under close supervision before they reach the wider market. The NRS is also expected to release a tax policy for the virtual assets sector to strengthen compliance and ensure the industry contributes fairly to national revenue. Additionally, the Federal Government is finalising a Virtual Assets White Paper that will outline the country's long-term policy direction for the sector. The Council has been given 30 days to develop a Harmonised Implementation Framework to guide agencies in enforcing the order.

    Tinubu Signs Executive Order To Regulate Virtual Assets, Digital Economy

    Rufai Oseni Breaks Down on Live TV Over Nigeria’s Economic Decline

    Rufai Oseni Breaks Down on Live TV Over Nigeria’s Economic Decline

    Tinubu Wanted Young Female Deputy Governor, Says Hamzat

    Tinubu Wanted Young Female Deputy Governor, Says Hamzat

    Bode George Blames Excessive Land Reclamation for Lagos Flooding

    Bode George Blames Excessive Land Reclamation for Lagos Flooding

    • Politics
    • International
    • National
    • Show Biz
    • Events
    • Security
    • Sports
    • Press Release
  • Lifestyle Bite
    • Fitness
    • Nutrition
    • Personal Growth
    • Travel
  • Health Bite
    • Doctor’s Diagnosis
  • Brand & Business Bite
    • Energy
  • Fashion Bite
  • Opinion Bite
    • Featured Story
    • Fiction & Poetry
    • Career
    • Teachings
    • ABM Staff Blog
    • ABM True Stories
    • Research
    • Tech
  • More
    • Latest Magazine Issue
    • Leadership 360°
    • Religion
    • Education
    • Law
    • Metro
    • Romance
      • Love
      • Sex and Relationship
      • ABM TV
      • Interviews
      • Movies
      • Red Carpets
  • Contact Us
No Result
View All Result
  • News Bite
    • All
    • Arts
    • Events
    • International
    • National
    • Politics
    • Press Release
    • Security
    • Show Biz
    • Sports
    Tinubu Hails Wike’s Impact, Says Abuja Has Improved 50 Years After FCT Creation

    Tinubu Hails Wike’s Impact, Says Abuja Has Improved 50 Years After FCT Creation

    Plateau Violence: 200 Killed in Five Months, Youth Coalition Says

    Plateau Violence: 200 Killed in Five Months, Youth Coalition Says

    Nigeria, Ghana Push AU Action Against Rising Afrophobia in Africa

    Nigeria, Ghana Push AU Action Against Rising Afrophobia in Africa

    Cyberattack Forces Delay of NBA 2026 Presidential Election

    Cyberattack Forces Delay of NBA 2026 Presidential Election

    Supreme Court Orders Final Forfeiture of Emefiele’s Assets to Federal Government

    Supreme Court Orders Final Forfeiture of Emefiele’s Assets to Federal Government

    President Bola Tinubu has signed the Presidential Executive Order on Virtual Assets Coordination, 2026, establishing a unified framework to regulate virtual assets and strengthen Nigeria's digital economy. The President signed the order pursuant to Section 5 of the 1999 Constitution (as amended), and it took effect immediately, according to a statement issued Friday by presidential spokesperson, Bayo Onanuga. The statement explained that the order was designed to address a fragmented regulatory landscape, where overlapping and disjointed oversight by government agencies had exposed Nigerians to risks such as money laundering, terrorism financing, cybersecurity threats, fraud and revenue losses. It noted that unregistered operators had exploited these gaps in the past to defraud unsuspecting citizens. To close these loopholes, the order establishes a Virtual Asset Council chaired by the Central Bank of Nigeria (CBN), with the Nigeria Revenue Service (NRS) and the Securities and Exchange Commission (SEC) serving as vice-chairs. Other members include the Nigerian Financial Intelligence Unit (NFIU) and the Office of the National Security Adviser (ONSA). The Council will set policy direction, foster cooperation among the agencies, and collaborate with the Attorney-General of the Federation to build a harmonised legal and institutional framework for the sector. A Virtual Asset Office will also be created as the Council's operational arm, with its secretariat based at the CBN. The office will coordinate information sharing, applications and reporting among agencies through an integrated supervisory technology platform. The statement clarified that the order does not create a new regulator or strip any agency of its existing powers. Instead, registration of virtual asset activities will be determined by the nature of the asset involved — the SEC will register security-related activities, while the CBN will handle payment, settlement, custody and other non-security virtual asset services. The Council will resolve any disputes over jurisdiction. As part of the coordinated approach, the CBN is proceeding with a regulatory sandbox that will allow eligible operators to test virtual asset products and blockchain-based solutions under close supervision before they reach the wider market. The NRS is also expected to release a tax policy for the virtual assets sector to strengthen compliance and ensure the industry contributes fairly to national revenue. Additionally, the Federal Government is finalising a Virtual Assets White Paper that will outline the country's long-term policy direction for the sector. The Council has been given 30 days to develop a Harmonised Implementation Framework to guide agencies in enforcing the order.

    Tinubu Signs Executive Order To Regulate Virtual Assets, Digital Economy

    Rufai Oseni Breaks Down on Live TV Over Nigeria’s Economic Decline

    Rufai Oseni Breaks Down on Live TV Over Nigeria’s Economic Decline

    Tinubu Wanted Young Female Deputy Governor, Says Hamzat

    Tinubu Wanted Young Female Deputy Governor, Says Hamzat

    Bode George Blames Excessive Land Reclamation for Lagos Flooding

    Bode George Blames Excessive Land Reclamation for Lagos Flooding

    • Politics
    • International
    • National
    • Show Biz
    • Events
    • Security
    • Sports
    • Press Release
  • Lifestyle Bite
    • Fitness
    • Nutrition
    • Personal Growth
    • Travel
  • Health Bite
    • Doctor’s Diagnosis
  • Brand & Business Bite
    • Energy
  • Fashion Bite
  • Opinion Bite
    • Featured Story
    • Fiction & Poetry
    • Career
    • Teachings
    • ABM Staff Blog
    • ABM True Stories
    • Research
    • Tech
  • More
    • Latest Magazine Issue
    • Leadership 360°
    • Religion
    • Education
    • Law
    • Metro
    • Romance
      • Love
      • Sex and Relationship
      • ABM TV
      • Interviews
      • Movies
      • Red Carpets
  • Contact Us
No Result
View All Result
Apples Bite Int'l Magazine
No Result
View All Result
Adron Homes Lemon Friday
Home News Bite Politics

Atiku, Obi, El-Rufai to Unveil New Political Platform Before June 30

Madukwe Nwabuisi by Madukwe Nwabuisi
June 10, 2025
in Politics
Reading Time: 2 mins read
0
Atiku, Obi, El-Rufai to Unveil New Political Platform Before June 30
0
SHARES
18
VIEWS
Share on FacebookShare on Twitter

A former All Progressives Congress (APC) governorship candidate in Katsina State says the ongoing coalition talks by some opposition politicians will, before the end of this month, metamorphose into a formidable ‘’platform’’ to challenge President Bola Ahmed Tinubu and the ruling APC in the 2027 general election.  

Former Vice-President  Atiku Abubakar, Labour Party’s Presidential candidate for the 2023 general poll, Peter Obi, former Kaduna State Governor Nasir el-Rufai,  and erstwhile Transport Minister Chibuike Amechi are the arrowheads of the coalition movement.  

“We need a reliable, trusted platform to beat this government and by the grace of God, by the end of this month, the leadership will conclude on which platform to use,’’ Inuwa, at a meeting in Katsina aimed at updating stakeholders and supporters in the state on the status of the talks.

RelatedPosts

Tinubu Wanted Young Female Deputy Governor, Says Hamzat

Tinubu Wanted Young Female Deputy Governor, Says Hamzat

July 17, 2026
INEC To Conduct Mock Presidential Election Ahead Of 2027

INEC To Conduct Mock Presidential Election Ahead Of 2027

July 17, 2026
The Rise and Rise of Kadri Obafemi Hamzat: The Quiet Reformer Shaping Lagos' Future

The Rise and Rise of Kadri Obafemi Hamzat: The Quiet Reformer Shaping Lagos’ Future

July 16, 2026

He added: ‘’The decision to join forces by former Vice President, former governors Rotimi Amechi, Peter Obi, Mallam Nasir el-Rufai-led coalition with other political parties is in the best interest of Nigeria.

‘’We want to move forward in all aspects of human development as a nation.

“This is because Nigeria has no leadership, even as the giant of Africa. There is no gainsaying that our country    has lost touch with other countries in Africa.’’

Inuwa, a former Secretary to the Katsina State Government,  urged supporters to continue to pray for the success of the movement.  

He condemned  mass  defections  to the  APC, saying those involved were  ‘’leaving the frying pan to the   fire.’’

The former SSG added:   ‘’What has happened in the APC is the same thing that happened in PDP, especially during congresses. Local Government elections were supposedly held here in Katsina State, and only those whom the government wanted to contest were given forms. So it is going to be the same in all the elections’’

“Our major concern is the electorate because they are the ones to decide, and they are with us and we are with them.’’

Madukwe B. Nwabuisi
Madukwe Nwabuisi

Madukwe B. Nwabuisi is an accomplished journalist renown for his fearless reporting style and extensive expertise in the field. He is an investigative journalist, who has established himself as a kamikaze reporter.

Tags: AtikuObi

Related Posts

2027: Afenifere, Adebayo, Arabambi, others react as APC retains Muslim-Muslim ticket
Politics

2027: Afenifere, Adebayo, Arabambi, others react as APC retains Muslim-Muslim ticket

July 15, 2026
INEC Seeks Increased Funding Ahead of 2027 General Elections
News Bite

INEC Seeks Increased Funding Ahead of 2027 General Elections

July 15, 2026
Lagos State Governorship Candidate Gbadebo Rhodes-Vivour loses mother
News Bite

Lagos State Governorship Candidate Gbadebo Rhodes-Vivour loses mother

July 13, 2026
Osun Poll: APC, Adeleke Trade Words Over Religious Identity Ahead of Governorship Election
Politics

Osun Poll: APC, Adeleke Trade Words Over Religious Identity Ahead of Governorship Election

July 13, 2026
Tinubu Reaffirms Shettima as Running Mate Ahead of 2027
Politics

Tinubu Reaffirms Shettima as Running Mate Ahead of 2027

July 10, 2026 - Updated on July 11, 2026
Unifying Behind Obi Not Surrender, It's Strategy – Yesufu Tells Opposition
Politics

Unifying Behind Obi Not Surrender, It’s Strategy – Yesufu Tells Opposition

July 9, 2026
Load More
No Result
View All Result

Recent Posts

  • Tinubu Hails Wike’s Impact, Says Abuja Has Improved 50 Years After FCT Creation
  • Plateau Violence: 200 Killed in Five Months, Youth Coalition Says
  • Nigeria, Ghana Push AU Action Against Rising Afrophobia in Africa
  • Cyberattack Forces Delay of NBA 2026 Presidential Election
  • The Amazing Benefits of Apples

Recent Comments

    Apples Bite Int'l Magazine

    Apples Bite Magazine is your premier destination for updates in business, daily news, and entertainment. At Apples Bite, we serve insightful stories and in-depth analysis, curated to empower professionals, entrepreneurs, and forward-thinking individuals who thrive on staying ahead of the curve.

    © 2026. All Rights Reserved. ApplesBite International Magazine.

    No Result
    View All Result
    • News Bite
      • Politics
      • International
      • National
      • Show Biz
      • Events
      • Security
      • Sports
      • Press Release
    • Lifestyle Bite
      • Fitness
      • Nutrition
      • Personal Growth
      • Travel
    • Health Bite
      • Doctor’s Diagnosis
    • Brand & Business Bite
      • Energy
    • Fashion Bite
    • Opinion Bite
      • Featured Story
      • Fiction & Poetry
      • Career
      • Teachings
      • ABM Staff Blog
      • ABM True Stories
      • Research
      • Tech
    • More
      • Latest Magazine Issue
      • Leadership 360°
      • Religion
      • Education
      • Law
      • Metro
      • Romance
        • Love
        • Sex and Relationship
        • ABM TV
        • Interviews
        • Movies
        • Red Carpets
    • Contact Us

    © 2026. All Rights Reserved. ApplesBite International Magazine.