ADVERTISEMENT
Apples Bite Int'l Magazine
  • News Bite
    • All
    • Arts
    • Events
    • International
    • National
    • Politics
    • Press Release
    • Security
    • Show Biz
    • Sports
    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

    FG to Publish Poverty, Income Data to Measure Impact of Economic Reforms – Oyedele

    FG to Publish Poverty, Income Data to Measure Impact of Economic Reforms – Oyedele

    Barcelona Reveals Story Behind Messi’s Iconic Photo With Baby Lamine Yamal

    Barcelona Reveals Story Behind Messi’s Iconic Photo With Baby Lamine Yamal

    FG Renames Lagos-Calabar Coastal Highway in Honour of Tinubu

    FG Renames Lagos-Calabar Coastal Highway in Honour of Tinubu

    NLC Moves To End NURTW Crisis As MC Oluomo, Baruwa Agree To Peace Talks

    NLC Moves To End NURTW Crisis As MC Oluomo, Baruwa Agree To Peace Talks

    • 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
    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

    FG to Publish Poverty, Income Data to Measure Impact of Economic Reforms – Oyedele

    FG to Publish Poverty, Income Data to Measure Impact of Economic Reforms – Oyedele

    Barcelona Reveals Story Behind Messi’s Iconic Photo With Baby Lamine Yamal

    Barcelona Reveals Story Behind Messi’s Iconic Photo With Baby Lamine Yamal

    FG Renames Lagos-Calabar Coastal Highway in Honour of Tinubu

    FG Renames Lagos-Calabar Coastal Highway in Honour of Tinubu

    NLC Moves To End NURTW Crisis As MC Oluomo, Baruwa Agree To Peace Talks

    NLC Moves To End NURTW Crisis As MC Oluomo, Baruwa Agree To Peace Talks

    • 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 Security

Shettima Visits Plateau Today Over Recent Killings

Madukwe Nwabuisi by Madukwe Nwabuisi
April 21, 2025
in Security
Reading Time: 3 mins read
0
Shettima Visits Plateau Today Over Recent Killings
0
SHARES
10
VIEWS
Share on FacebookShare on Twitter

Amid renewed violence in Plateau and Benue states that has claimed over 100 lives in recent weeks, Vice President Kashim Shettima is expected to visit Plateau State today (Monday) as part of federal efforts to stem the tide of attacks and foster lasting peace.

The visit comes days after gunmen launched deadly attacks on Bokkos and Bassa communities in Plateau, attracting public outrage and deepening calls for urgent government intervention.

Confirming the Vice President’s visit, the Minister of Humanitarian Affairs and Poverty Reduction, Dr. Nentawe Yilwatda, disclosed during a tour of affected communities in Bassa on Saturday that Shettima’s visit was directed by President Bola Tinubu himself.

“Mr. President is deeply concerned about these killings. That is why the National Security Adviser was here last week, and now the Vice President is coming to engage stakeholders directly,” Yilwatda stated.

During his visit, Shettima is expected to convene a high-level stakeholders’ meeting aimed at enhancing security coordination and strengthening local peace initiatives.

The Minister of Defence, Mohammed Badaru, who also visited the communities with top military commanders, including Maj. Gen. Folusho Oyinlola, assured residents of the Federal Government’s commitment to justice and security.

“We are investigating seriously. We are on the trail of the perpetrators and, by God’s grace, they will be brought to justice,” Badaru said.

“Support programmes for victims, especially widows, have also been launched, and more help will come to ease their pain,” he added.

Meanwhile, a former Minister of Defence, Lt. Gen. Theophilus Danjuma (retd.), has once again called on Nigerians to rise and defend themselves.

Speaking at a public function in his hometown, Takum, Taraba State, Danjuma reiterated a warning he gave five years ago, arguing that relying solely on government security forces is no longer realistic.

“The warning I gave years ago remains valid. Nigerians must rise and defend themselves before these bandits overrun the entire country,” he said.

Danjuma expressed sorrow over the ongoing killings in Benue and Plateau states, describing them as evidence of the government’s failure to secure the lives and property of its citizens.

“We must be proactive. We cannot continue to watch helplessly while our people are massacred. Enough is enough,” he stressed.

RelatedPosts

PSC Publishes List of 50,000 Successful Police Constable Recruits

PSC Publishes List of 50,000 Successful Police Constable Recruits

July 16, 2026
Orire Rescue Highlights Growing Role of Intelligence in Nigeria’s Security Fight – Akoji

Orire Rescue Highlights Growing Role of Intelligence in Nigeria’s Security Fight – Akoji

July 12, 2026 - Updated on July 13, 2026
State Police Will Make Governors True Security Chiefs, Not Just Figureheads – Zamfara Gov Dauda Lawal

State Police Will Make Governors True Security Chiefs, Not Just Figurehead Says Zamfara Gov. Dauda Lawal

July 9, 2026

Also,  the Plateau Youth Council, Northern Zone,  condemned the attacks as deliberate and genocidal, rather than communal clashes as claimed by federal officials.

Addressing journalists in Jos, PYC Northern Coordinator, Samson Chiroma, said, “These are not random clashes. These are systematic attempts to displace our people, coinciding with the beginning of the wet farming season. This is genocide, plain and simple.”

Chiroma accused Fulani militias of carrying out the attacks and faulted the Federal Government’s response as inadequate and detached from reality.

“If the authorities are serious about stopping these killings, they must start by arresting those making inciting statements. Otherwise, it will appear that some people are above the law,” he said.

He called for urgent reinforcement of Operation Rainbow, the state’s local security outfit, through recruitment and retooling to better protect vulnerable communities.

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: PlateauShettima

Related Posts

Lawal Vows Full Backing for Security Forces as Zamfara Sharpens Anti-Banditry Strategy
Security

Dauda Lawal Vows Full Backing for Security Forces as Zamfara Sharpens Anti-Banditry Strategy

June 26, 2026
Viral Video Linking Police Officer To Bandits Is Fake, Force Says
Security

Viral Video Linking Police Officer To Bandits Is Fake, Force Says

June 25, 2026
Two Arrested as NSCDC Rescues Teenage Kidnap Victim in Edo
Security

Two Arrested as NSCDC Rescues Teenage Kidnap Victim in Edo

June 24, 2026
Police Rescue Former Minister Adelabu’s Sister, Twin Sons in Daring Oyo Operation
Security

Police Rescue Former Minister Adelabu’s Sister, Twin Sons in Daring Oyo Operation

June 6, 2026
NSCDC Raids Illegal Detention Centre in Lagos, Rescues 24 Victims and Arrests Four Foreign Nationals
Security

NSCDC Raids Illegal Detention Centre in Lagos, Rescues 24 Victims and Arrests Four Foreign Nationals

June 6, 2026
Expert praises Trump’s US Security Strategy for Africa: Surgical strikes with local cooperation
Security

Expert praises Trump’s US Security Strategy for Africa: Surgical strikes with local cooperation

May 19, 2026
Load More
No Result
View All Result

Recent Posts

  • Supreme Court Orders Final Forfeiture of Emefiele’s Assets to Federal Government
  • Tinubu Signs Executive Order To Regulate Virtual Assets, Digital Economy
  • Rufai Oseni Breaks Down on Live TV Over Nigeria’s Economic Decline
  • Tinubu Wanted Young Female Deputy Governor, Says Hamzat
  • Bode George Blames Excessive Land Reclamation for Lagos Flooding

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.