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Coalition Urges Caution Regarding Planned Protests Against EFCC, Predicts Potential Violence

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The Coalition for Transparency and Economic Reforms (COTER), consisting of 259 Civil Society Organizations, has expressed its opposition to the upcoming nationwide protests organized by PIDOM Nigeria against the Economic and Financial Crimes Commission (EFCC). COTER believes that these protests, similar to the EndSARS movement, may potentially incite violence and disrupt peace.

COTER has identified a group of disgruntled politicians, including a former governor and two former ministers from Northern states, as the instigators behind these planned protests against the EFCC. Prompted by this revelation, COTER is calling upon the Federal Government and the country’s security agencies to act swiftly and prevent these protests from taking place.

PIDOM Nigeria, through its social media handle @PIDOMNigeria, has announced July 5, 2024, as the designated day for Nigerians to gather and voice their grievances at all EFCC offices nationwide. These grievances are centered around the agency’s conduct and perceived shortcomings.

During a press conference, COTER’s Coordinator, Adeshina Animashaun, stressed the urgent need for security agencies to intervene and quell any potential escalation of these protests. COTER also advises Nigerian youths to exercise caution and refrain from participating in these demonstrations, as they may inadvertently become victims of clashes with security agencies.

Furthermore, COTER urges parents and guardians to counsel their children against joining the proposed anti-EFCC protests, highlighting the potential consequences that may arise from such involvement.

COTER emphasizes that the group behind these protests does not represent the interests of the Nigerian people, but rather serves the agenda of their undisclosed sponsors. Additionally, COTER calls upon parents and guardians nationwide to educate their children about the risks associated with participating in any gathering organized by PIDOM Nigeria at any EFCC office on July 5, 2024.

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COTER firmly believes that the masterminds behind these protests aim to instill panic, fear, and chaos, with the ultimate goal of undermining the achievements of President Bola Tinubu’s administration. COTER denounces these individuals as unpatriotic and lacking in integrity.

In light of these concerns, COTER strongly advises Nigerian youths and citizens to disregard the plans for protests against the EFCC and warns against falling victim to the manipulations of PIDOM Nigeria and the disgruntled politicians behind them.

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Lift wanted tag on socialite, Aisha Achimugu – Coalition urges EFCC

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A coalition of youth organisations has urged the Economic and Financial Crimes Commission, EFCC, to reconsider its wanted tag on socialite, Dr Aisha Sulaiman Achimugu, OFR.

The organisations, Niger Delta Youth Council for Good Governance and Middle Belt Youth Stakeholders’ Initiative said this in a joint press statement they issued on Thursday in Abuja.

According to them, the declaration of Achimugu wanted by the anti-corruption agency came to them as a rude shock.

The joint statement was signed by Comrade Emma Niboro and Ali Ameh for Niger Delta Youth Council for Good Governance and Middle Belt Youth Stakeholders’ Initiative, respectively.

They described Achimugu as a dedicated friend of the youths, who had always shown commitment to the welfare and care of the downtrodden.

According to the youth coalition, “we know the Chairman of the EFCC, Mr. Ola Olukoyede, as a man who came with utmost zeal to sanitize the agency. He has already demonstrated this and we are proud of his achievements so far.

“However, we urge him to resist pressure from politicians, which is a plague that has dwarfed EFCC for several years of its existence.

“The commission had hitherto remained a tool for politicians to undue their perceived political foes and this has always rubbed off on the credibility of the agency.

“The case of Achumugu doesn’t appear to be different in any way, as the haste with which she was declared wanted showed there is a hand of Esau and voice of Jacob.

“Our appeal is that the commission should withdraw the wanted tag on her and give her ample time to report to the commission, as she has never been indicted of any offence whether in Nigeria or outside the country.”

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While noting that Achimugu is a global figure, they added that they can always vouch for her integrity.

“We know her, she has always been of immense help to the youths and other members of the society.

“Her closeness to certain politicians should not be used as a tool to persecute or harass her,” the youths further stated.

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Appea Court Lack Jurisdiction To Declare Abure As The National Chairman Of LP – Supreme Court

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The Supreme Court has overturned the Court of Appeal’s decision that recognised Julius Abure as the National Chairman of the Labour Party (LP). In a decisive ruling, a five-member panel declared that the Court of Appeal lacked the legal authority to determine the party’s leadership matters.

In a unanimous verdict, the highest court in the land stated that the Court of Appeal had no jurisdiction over the matter. The panel observed that since the case revolved around the internal leadership structure of the Labour Party, it fell outside the jurisdiction of the courts.

The ruling reinforced the long-standing principle that leadership disputes within political parties should be resolved internally, rather than through judicial intervention.

The Supreme Court stressed that leadership struggles within political parties are purely internal matters. According to legal principles, courts should not interfere in such issues, as they fall under the party’s constitution and governance framework. By upholding this legal doctrine, the apex court reaffirmed that political parties must settle their leadership crises independently.

The Supreme Court upheld the appeal lodged by Senator Nenadi Usman and a fellow appellant, ruling that their claims were valid. Their appeal challenged the earlier judgment, arguing that it was flawed due to jurisdictional overreach. After thorough legal scrutiny, the Supreme Court found merit in their argument and ruled in their favour.

The legal battle also involved a cross-appeal filed by supporters of Julius Abure, who sought to challenge the decision against their leader. However, the Supreme Court dismissed this cross-appeal, declaring it unsubstantiated and lacking merit. The ruling effectively ended the legal contest over the Labour Party’s chairmanship, cementing the judiciary’s stance on non-interference in party leadership disputes.

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Bitcoin Drops to $82,000 After Trump’s Tariff Announcement

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Bitcoin experienced sharp fluctuations following President Donald Trump’s April 2 tariff announcement, initially surging to $88,000 before dropping to $82,000.

By April 3, it stabilized around $83,000, with the broader crypto market down over 4%. Major altcoins like Ethereum and Solana also declined over 6%, hitting multi-month lows.

Analysts see the tariff news as reducing market uncertainty, potentially attracting institutional investors.

Despite higher-than-expected rates, experts believe the clarity could help Bitcoin regain momentum toward $90,000. Bitcoin ETFs, led by BlackRock, recorded $218 million in inflows on April 2, reversing prior outflows.

Kraken’s Thomas Perfumo challenged the idea that institutional interest stabilizes crypto, emphasizing that volatility signals demand for a scarce asset.

Some analysts viewed the sell-off as an overreaction to trade policy concerns, highlighting Bitcoin’s resilience as a store of value.

With ETFs showing strong demand, Bitcoin’s price may stabilize and rise, though market participants remain cautious, monitoring trade policies and economic conditions.

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