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Plateau State Task Force Calls on Public to Assist in Recovering Government Property

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The Task Force on the Recovery of Purported Auctioned Government Property, which was recently constituted and inaugurated, has made a public appeal for assistance in carrying out its vital mission. In strict adherence to the terms of reference, the Task Force is urging the general public to understand the significance of its assignment and provide support in the following ways:

  1. Volunteering Information: The Task Force requests individuals or organizations possessing government property, whether movable or immovable, to come forward and share any relevant information they may have.
  2. Providing Evidence: Individuals or organizations currently in possession of government property, whether movable or immovable, are encouraged to volunteer information and provide evidence of the boarding of such property for proper valuation and documentation.

The Task Force emphasizes that this exercise is not in conflict with the Executive Governor’s declaration that his administration is not motivated by witch-hunting but by the desire to establish appropriate accountability protocols for the overall benefit of the people of Plateau State.

Moreover, anyone who possesses boarded or auctioned government property is advised to refrain from undertaking any form of development on such property until the completion of this exercise. It is important to reiterate that this undertaking is aimed at benefiting the allottees and the state as a whole.

The Task Force has established dedicated phone lines to facilitate communication with the public. Individuals with relevant information can reach out through the following contact numbers: 0815966 8491 and 09082595573. Phone calls, text messages, and WhatsApp communications are all welcome. The Task Force assures the public that all information shared will be treated with the utmost confidentiality.

This call for public assistance reflects the Task Force’s commitment to a thorough and transparent process in the recovery of purportedly auctioned government properties. By involving the public, the Task Force aims to gather crucial information that will aid in the successful completion of its assignment.

The people of Plateau State are urged to contribute to this important endeavor, as their cooperation will play a significant role in ensuring accountability and the recovery of government assets. Together, with the support of the public, the Task Force strives to uphold the principles of transparency and good governance in the management of state resources.

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NPFL: VAR Is Not A Luxury, Technology Is Taking Over – Avonda Richard

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Avonda Richard, an ardent supporter of the Nigerian Premier Football League (NPFL) based in Ogba, Lagos State, has called for the introduction of Video Assistant Referee (VAR) technology in the domestic league, insisting that Nigeria must embrace modern football technology to improve officiating and strengthen the credibility of its football competitions.

READ ALSO: NPFL: VAR, Improved Referee Officiating Needed To Restore League Integrity – Ezekiel | Sports247 Nigeria

Speaking during Sports247’s Let’s The Fans Talk programme, Richard expressed concerns over the standard of refereeing in Nigerian football, acknowledging the efforts of match officials while pointing out the challenges affecting their performance, particularly inadequate training and facilities.

“To be honest, the Nigerian officiating sometimes is really, really poor. But I must also give it to them; they are trying their best,” Richard said.

He argued that some referees lack the necessary professional training and access to adequate facilities to prepare them for the demands of the game, stressing that officiating should be treated as a serious profession that requires proper development and continuous education.

Richard maintained that introducing VAR into the NPFL would help reduce officiating errors and bring Nigerian football closer to the standards of other competitive leagues.

“VAR is not a luxury because technology is taking over. So VAR is something that Nigeria needs to introduce in the Nigerian Premier League,” he stated.

Beyond the introduction of technology, Richard also called for improved television coverage of the domestic league, noting that Nigerian football deserves greater visibility and should be accessible to supporters in the same way they follow major European competitions.

“We should be having a Nigerian professional league that people can watch, just like when we watch Premier League, Italy and Germany on the screen,” he added.

He believes that increased broadcast coverage would attract more attention to the NPFL, create greater awareness among football supporters and encourage accountability within the league.

Richard’s comments highlight the growing conversation around the need for improved refereeing standards, investment in modern technology and greater visibility for Nigerian football as the NPFL continues to seek stronger recognition within African football.

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CBN issues regulations for non-security virtual assets, effective November 5,

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BY NKECHI NAECHE-ESEZOBOR—The apex regulator, the Central Bank of Nigeria (CBN) on Friday  issued regulations for the Operations of Non-Security Virtual Assets in Nigeria, setting out a framework for licensing, regulating and supervising stablecoins, virtual asset service providers and related activities.

According to a circular to virtual asset service providers and stakeholders in the financial services industry, the apex bank said the regulations are meant to promote responsible innovation, strengthen the integrity of the Nigerian financial system and provide an appropriate framework for emerging digital payment instruments.

The CBN said the regulations are issued under the CBN Act, 2007, the Banks and Other Financial Institutions Act, 2020, and other applicable laws. It described them as a comprehensive, risk-based framework covering the licensing, authorisation, regulation, supervision and oversight of non-security virtual assets in Nigeria.

The framework covers stablecoins, Deposit Money Tokens, virtual asset service providers, virtual asset payment services, platform-facilitated peer-to-peer services, and custody, transfer, remittance, clearing and settlement activities.

The regulations also set requirements on the classification and designation of regulated tokens and activities, and on the licensing of issuers and providers of non-security virtual asset services. Other areas covered include capital, reserve-backing, liquidity and redemption; corporate governance, risk management and internal controls; and technology risk, cybersecurity and operational resilience.

They further address the safeguarding of reserve and customer assets; customer protection, disclosures and complaints management; and anti-money laundering, counter-terrorist financing and counter-proliferation financing obligations. Sanctions screening, transaction monitoring, blockchain analytics, Travel Rule compliance, counterparty due diligence, regulatory reporting, supervisory access, information sharing, enforcement, administrative sanctions and orderly wind-down arrangements are also included.

The CBN said the regulations apply to persons carrying out regulated activities in or from Nigeria, those directing such activities at persons in Nigeria, and those whose activities may materially affect the country’s payments system, financial system, foreign exchange market or financial stability. They may apply whether or not the person has a physical presence in Nigeria.

The apex bank said the regulations do not displace the statutory mandate of the Securities and Exchange Commission or any other competent authority. Activities involving security virtual assets, securities, investment contracts or other capital-market products remain subject to the capital-market regulatory framework. Where an activity involves both non-security virtual assets and matters under another authority’s mandate, approvals must be obtained from each competent authority.

All affected institutions, issuers, service providers, operators, promoters and other stakeholders are required to familiarise themselves with the regulations and comply fully with the applicable requirements.

The regulations take effect from November 5, 2026. The circular was issued by the CBN’s Payments System Policy Department.

The post CBN issues regulations for non-security virtual assets, effective November 5, appeared first on Business Today NG.

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