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Pioneering Africa’s Blockchain Renaissance: Web3.0 Tribe and Nigeria’s Blockchain Innovation Policy

In the heart of Africa’s burgeoning innovation landscape, a compelling narrative is unfolding. It’s a narrative that seamlessly aligns with Nigeria’s trailblazing Blockchain Innovation Policy, and at its helm is Web3.0 Tribe – an initiative fueled by a passionate team of visionaries, who also happen to be proud beneficiaries of the federal government’s groundbreaking blockchain scholarship program.

📜 Blueprint for Progress: Nigeria’s Blockchain Innovation Policy

Nigeria’s Blockchain Innovation Policy is nothing short of a comprehensive masterplan, designed to cultivate innovation, bolster blockchain start-ups, and dismantle regulatory and legal roadblocks in the industry. It’s a multi-faceted strategy with a resounding objective: to create an environment where blockchain ventures can thrive. Let’s delve into how Web3.0 Tribe mirrors this forward-thinking policy:

  1. Supporting Research and Development: At Web3.0 Tribe, we’re unwavering in our commitment to providing accessible, high-quality blockchain education. We’re empowering individuals, aligning seamlessly with the policy’s drive to foster research and development within the blockchain industry.
  2. Innovative Regulatory Sandboxes: In the spirit of the policy’s endorsement of experimentation, Web3.0 Tribe offers a vibrant, nurturing community where learners can safely collaborate and experiment, free from stringent regulations.
  3. Creating Blockchain Solutions: Our commitment extends beyond education; we’re action-oriented. By crafting innovative solutions to tackle real-world issues, we actively contribute to the policy’s vision of promoting blockchain applications across various sectors such as healthcare, finance, education, and logistics.
  4. Education and Awareness Initiatives: Web3.0 Tribe is steadfast in delivering educational programs that ensure citizens and businesses truly grasp the advantages and applications of blockchain technology. This mirrors the policy’s core aim of nurturing an informed citizenry.

🚀 Web3.0 Tribe: A Beacon of Innovation and Impact

Web3.0 Tribe transcends being a mere educational platform; it’s a dynamic movement, a vibrant community, and a catalyst for positive change. Our key initiatives amplify the objectives set forth by Nigeria’s Blockchain Innovation Policy:

  • Accessible Learning: We’ve built an inclusive educational environment that caters to learners at all levels, actively working to create a global ecosystem for blockchain start-ups, in sync with the policy’s vision.
  • Community Building: Collaboration is in our DNA, and our community thrives on it. This strongly echoes the policy’s emphasis on fostering collaboration between industry stakeholders.
  • Innovative Learning and Earning: By incentivizing continuous learning, we’re propelling the policy’s goal of spurring innovation and economic growth within Nigeria.
  • Blockchain for Good: Our charitable endeavors actively address the pressing social and economic challenges that Nigeria faces, aligning seamlessly with the policy’s objective of promoting financial inclusion.
  • Advocacy and Awareness: We’re on a mission to educate and advocate for responsible blockchain and cryptocurrency adoption, championing the importance of understanding the technology’s potential.

🌟 A Vision for Africa’s Blockchain Future

Web3.0 Tribe envisions a future where Africa spearheads blockchain innovation and achieves mass adoption. We’re diligently constructing an ecosystem that brings together blockchain enthusiasts, developers, entrepreneurs, and philanthropists. Together, we’re catalyzing positive change and economic empowerment across the continent, echoing the very spirit of Nigeria’s Blockchain Innovation Policy.

🔗 Join Our Journey: It’s worth noting that we’re just beginning the process of building the Web3.0 Tribe project. Dive deeper into our vision by reading our project whitepaper on Medium: Introduction
 Web3.0 Tribe (W3T): Empowering Africa through Blockchain Education and Charity https://medium.com/@web3tribe.edu/introduction-web3-0-tribe-w3t-empowering-africa-through-blockchain-education-and-charity-9d45d55c6a94

Additionally, you can actively engage with us by joining our Telegram community: https://t.me/Web3Tribee

or staying updated through our social media channels.
Facebook: https://www.facebook.com/profile.php?id=100076344346388&mibextid=LQQJ4d

X (Twitter): https://x.com/_web3tribe?s=21

Together, we’re crafting a brighter future for Africa and the world, one blockchain innovation at a time.

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Breaking News: PMAN Radio & TV Station Set for Launch, Broadcasting to 162 Countries

The Performing Musicians Association of Nigeria (PMAN) is gearing up to unveil its very own radio and television station, expanding its reach to 162 countries worldwide.

This exciting development holds a significant milestone for Nigerian musicians, as their music will soon resonate across the globe, reaching a vast audience.

All artistes are encouraged to consider joining the union, as it offers numerous enticing benefits and exclusive privileges for PMAN members.

Stay tuned for further updates!

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Bauchi Govt sacks civil servant for issuing fake appointment letters

Bauchi State Civil Service Commission has sacked one of its employees, Sani Mohammed Tirwun, for allegedly issuing fake appointment letters to some employment seekers.

The commission, in a statement, yesterday, by Sale Umar, said that Tirwun who was; a Secretarial Assistant II at the State Hospital Management Board, committed a serious misconduct for engaging in the illegality.

Bauchi State

Umar added that Tirwun was; found guilty by the Disciplinary Committee of the Hospital Management Board for falsification of record, issuance of fake appointment letters, illegal posting of illegal staff, faking of the board’s staff officer’s signature and; alteration of posting letter.

“These contradict Chapter (4) Section 4 Rule 108, item XVII, XIV, XV of Bauchi State Public Service Regulation 2017 (reviewed version); that dealt with aforementioned offences as serious misconduct and; liable to dismissal.”

“Besides all these, the officer was; also alleged to have collected over N1m for issuance of fake appointment letters; as well as collecting N250,000, N200,000 and N150,000 respectively; for inserting the victims’ names among the approved posting.

“The officer, in his answer to a query issued to him; by the Hospital Management Board, confessed to the crime. Therefore, the officer’s dismissal was; approved with effect from October 1, 2023,” he said.

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INEC vows to pursue case sacking Kano Governor

The Independent National Electoral Commission (INEC) has refuted claims that it withdrew its appeal against the Kano State Governorship Election Petition Tribunal’s ruling. This clarification was provided in a statement issued by Sam Olumekun, the National Commissioner in charge of Information and Voter Education, on Saturday.

Initially, the commission’s legal officer in Kano had sent a letter indicating that the commission had instructed its legal team to retract the appeal filed against the tribunal’s judgment that invalidated the election of Governor Kabir Yusuf. It was reported that the commission had lodged a 33-point appeal against the tribunal’s decision.

However, INEC’s official statement declared that the letter from the legal officer was not authorized. The statement emphasized, “We wish to state categorically that the letter was not authorized. It has since been withdrawn, and the officer reprimanded. The public is therefore advised to disregard the suggestion that the Commission has withdrawn from the case or, even worse, abandoned the appeal.”

Furthermore, the statement affirmed INEC’s commitment to its legal obligations when it is involved as a litigant in a case. The commission clarified that it had instructed its lawyers to proceed in accordance with its established policy, which remains unchanged.

In other news, the Peoples Democratic Party and the All Progressives Grand Alliance are among the political parties that have yet to submit their audit reports from the 2023 general election. INEC conducted the presidential and National Assembly elections on February 25, with the governorship and state Assembly polls taking place on March 11. According to Section 89 of the Electoral Act 2022, political parties are required to submit their audited election expense returns within six months after an election’s conclusion.

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Plateau Govt Reinforces Ban on Motorcycles (Okada) to Tackle Rising Crime in the State

In response to growing concerns regarding public safety, the Plateau State Government has taken action by prohibiting the use of commercial motorcycles, commonly known as “Okada,” within the Bukuru-Jos Metropolis. Additionally, there are now strict time restrictions placed on the operation of tricycles, often referred to as “KekeNapep,” limiting their hours of operation to between 6:00 AM and 6:00 PM.

This announcement was delivered by Hon. Musa Ibrahim Ashoms, the Plateau State Commissioner for Information, during a press briefing held in Jos on Friday, October 7, 2023. Hon. Ashoms emphasized that strict compliance with these new regulations is mandatory, and any breaches will face strong enforcement measures.

This decision mirrors a previous ban implemented during the prior administration under Governor Simon Bako Lalong. The previous ban on commercial motorcycles and time restrictions for tricycles aimed to reduce crime in the state capital.

However, in recent times, there has been a resurgence of violent crimes in the Jos and Bukuru metropolises, necessitating the reinforcement of these measures under the leadership of Governor Caleb Mutfwang. The current administration, led by Governor Mutfwang, has made public safety and security a top priority in response to these developments.

It’s important to recall a tragic incident from a few weeks ago when a young resident of Jos, Fwinbe Gofwan, suffered a brutal murder by suspected operators of commercial motorcycles along Domkat Bali in the Jos South Local Government Area of Plateau State. This incident, along with others, has sparked concerns regarding the safety of residents and the necessity for more stringent regulations governing the operation of commercial motorcycles and tricycles.

The Plateau State Government’s decision to prohibit the use of commercial motorcycles within the Bukuru-Jos Metropolis and impose strict time restrictions on tricycles represents a proactive measure aimed at ensuring the safety and security of the region’s inhabitants. The government strongly urges all relevant parties to adhere to these measures in the interest of public safety. Those who violate these rules should be aware that they will be subject to rigorous enforcement with no leniency.

For additional information and updates concerning this development, residents are advised to consult official government sources and local authorities.

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Promote Your Song for Free on 4wardwego Blog!

Get Your Music in the Spotlight: Promote Your Song for Free on 4wardwego Blog!

Are you an aspiring artist looking to share your music with a wider audience? At 4wardwego, we’re all about supporting talented artistes, and we’re excited to announce our free weekly song promotion initiative! Here’s how you can get your music featured on our platform:

1. Connect with Us on Social Media

  • Follow us on all our social media platforms:
    • Facebook: @4wardwego
    • Twitter: @4wardwego (optional)
    • Instagram: @4wardwego

2. Send Us a Message

  • Take screenshots of your follows.
  • Send the screenshots to our WhatsApp number: 09010888777.

3. Share Your Music

  • Send us your song and cover art to the same WhatsApp number.
  • Ensure your song is a real crowd-pleaser, and your cover art is visually appealing.

4. Caption Your Submission

  • When submitting, use the caption: “Free Promo.”

Our team at 4wardwego will carefully review all submissions and select the best entry to be promoted on our website. With 35,000 weekly website visits, a Twitter page with 13,300 followers, an Instagram page with 13,800 followers, a Facebook page with 7,000 followers, various Facebook groups, and over 200 WhatsApp groups, your music will reach a massive and engaged audience!

5. Submission starts Friday to Sunday

But that’s not all! You can also submit your song for consideration in our “4wardwego Top 10 Song of The Week.” Here’s how:

1. Share Your Best Track

  • Make sure your song is available on a digital streaming platform like Audiomack, Soundcloud, Spotify, Apple Music, and more.

2. Send Us the Details

  • Share the song link and cover art with us by messaging 09010888777.

3. Use the Right Caption

  • When submitting, use the caption: “Top 10 Song of the Week.”

4. Submission starts Friday to Sunday

At 4wardwego, we’re committed to helping artists like you gain the recognition you deserve. In addition to free song promotion, we also offer services such as Massive Promotion, Advertisements, Artist Profiles, Sponsored Ads, Digital Music Distribution, Personal or Business Website creation, and much more.

Don’t miss this opportunity to get your music heard! Connect with us today, and let’s take your music career to the next level.

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FG paid N912.32billion to service CBN loans in 3 months

The Federal Government paid an interest of N912.32bn in the first quarter of 2023 on the loans it got from the Central Bank of Nigeria through Ways and Means Advances.

This amount was; stated in the Q1, 2023 Budget Implementation Report by the Budget Office of the Federation.

The amount spent paying interest on this loan is; 161.47 per cent higher than the N348.92bn spent in the same quarter of 2022.

The Federal Government planned to spend N1.2tn on; servicing the loans it got from the CBN through the Ways and Means Advances.

This meant that the government planned to spend about N300bn quarterly.

However, it had spent about 76.03 per cent of its budget for the interests on the ways and means advances.

Federal

Ways and Means Advances is; a loan facility used by the central bank to finance the government; in periods of temporary budget shortfalls subject to limits imposed by law.

According to Section 38 of the CBN Act, 2007, the apex bank may grant temporary advances to the Federal Government with; regard to temporary deficiency of budget revenue at such rate of interest as the bank may determine.

The Act read in part, “The total amount of such advances outstanding shall; not at any time exceed five per cent of the previous year’s actual revenue of the Federal Government.

“All advances shall be repaid as soon as possible and shall, in any event, be repayable by the end of the Federal Government financial year in which they are granted, and if such advances remain unpaid at the end of the year, the power of the bank to grant such further advances; in any subsequent year shall not be exercisable, unless the outstanding advances have been repaid.”

The Act placed a limit of five per cent on how much the Federal Government could borrow, although the previous administration severely violated the limit.

CBN

However, the House of Representatives of the 9th National Assembly, amid protest, approved an amendment to the CBN Act, raising the ceiling of Ways and Means Advances from the apex bank from five to 15 per cent of the Federal Government’s previous year’s revenue.

The House gave the approval at an emergency sitting, in concurrence with the Senate, which held an emergency plenary to consider and approve some economic bills.

The National Assembly made the move amid criticisms that the Federal Government had obtained WMAs beyond the five per cent threshold of the CBN.

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Naira among Africa’s worst-performing currencies – World Bank

The World Bank has stated that the Nigerian naira is one of the poorest-performing currencies in Africa. It pointed out that the currency has depreciated by approximately 40 percent against the US dollar since a devaluation that took place in mid-June.

This information was included in the World Bank’s report titled ‘Africa’s Pulse: An analysis of factors influencing Africa’s economic future (October 2023 | Volume 28).’ The report indicated, “In the current year, the Nigerian naira and the Angolan kwanza stand out as some of the weakest currencies in the region, both experiencing a year-to-date depreciation of nearly 40 percent.”

The naira’s devaluation was triggered by the central bank’s decision to remove trading restrictions on the official market. As for the kwanza, its depreciation was due to the central bank’s decision to stop defending the currency, a move influenced by low oil prices and increased debt payments.

According to the World Bank, other currencies that have suffered significant losses in 2023 include South Sudan (33 percent), Burundi (27 percent), the Democratic Republic of Congo (18 percent), Kenya (16 percent), Zambia (12 percent), Ghana (12 percent), and Rwanda (11 percent). The report also highlighted that parallel exchange market rates are exacerbating inflationary challenges for some countries in the African region.

In June 2023, the Central Bank of Nigeria instructed deposit money banks to remove the rate cap on the naira at the official Investors and Exporters’ window of the foreign exchange market, allowing the naira to freely float against the dollar and other global currencies. Since then, the naira has depreciated from N473.83/$ to approximately N800/$ officially.

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Supreme Court to rule on Nnamdi Kanu, 15th December

The Supreme Court is scheduled to announce its verdict on the appeal that seeks to compel the Federal Government to release Nnamdi Kanu, the leader of the Indigenous People of Biafra (IPOB), from detention on December 15.

On October 13, 2022, the Court of Appeal in Abuja issued a judgment ordering Kanu’s release. The appellate court, comprising a three-member panel, also invalidated the 15-count terrorism charges brought by the Federal Government against the detained IPOB leader in the Federal High Court in Abuja.

However, dissatisfied with this judgment, the Federal Government escalated the matter to the Supreme Court.

During the proceedings on Thursday, a five-member panel at the apex court, led by Justice Kudirat Kekere-Ekun, scheduled the judgment date after all parties in the case presented their final briefs.

Mike Ozehkome, SAN, representing Kanu, urged the court to immediately release his client from detention and impose a substantial punitive cost on the Federal Government. He argued, “We request the court to uphold our cross-appeal and deliver substantial justice in this case, ensuring that the respondent, who has been in detention since June 29, 2021, despite the lower court’s order for his release, is never prosecuted again on the same charges. He is being held unconstitutionally, and we implore the court to deliver justice, emphasizing that no individual or government should be exempt from the law, just as in the case of Ojukwu vs. State.”

On the other hand, Gazzali, SAN, representing the Federal Government, called on the Supreme Court to overturn the Court of Appeal’s judgment ordering Kanu’s release. He also requested that the court instruct the resumption of Kanu’s trial on terrorism-related charges before the Federal High Court in Abuja.