Egocentric Buhari wanted to ban Facebook, Twitter at once: Report

3 months ago

Egocentric President Muhammadu Buhari angered by the removal of his ‘genocidal’ posts had intended to suspend Facebook and Twitter’s operations in Nigeria, a report by Daily Beast says.

https://i0.wp.com/storage.waploaded.com/images/20c72218fa7a4d59689f852c7480abe2.png

The social media giants removed Mr Buhari’s post threatening recalcitrant Igbo youths with genocide because it violated their policies, following outrage by Nigerians who described his statement as “unpresidential.”

Subsequently, the Buhari regime, through information minister Lai Mohammed announced the indefinite suspension of Twitter in Nigeria on the ground that it was used to spread false information and “activities that are capable of undermining Nigeria’s corporate existence.”

Many have faulted the suspension saying it violated Nigerians’ rights to freedom of speech and described it as economic albatross.

But a source said the removal of the president’s posts on the social media platforms was “embarrassing,” hence the suspension of Twitter.

https://i0.wp.com/storage.waploaded.com/images/6e0cb7cf5b03a014685848af46381c90.png

According to the source, the president planned to shut down Facebook in the country as well, but his aides advised against it to not seem that it was in reaction to the deleted posts.

“He was furious and wanted to deal with both Twitter and Facebook. The action [the social media companies] took was embarrassing to the president,” the media outlet quoted the official in the president’s office to have said.

“The action taken by Facebook ultimately triggered the ban on Twitter even though Facebook wasn’t affected, things could change in the near future,” another official was quoted to have said.

Attorney General Abubakar Malami also sought to enforce the ban by threatening to arrest and prosecute anyone who tweets in Nigeria, as many use VPN to bypass the blockage. The order came three days after Peoples Gazette published a secret memo of Mr Malami advising Mr Buhari to suspend the Nigerian Constitution and declare martial law to stem rising insecurity.

Daily Beast further stated in its report that Mr Buhari’s action indicated that the “Nigerian leader will do anything in his power to satisfy his ego. Even if it means restricting access to a platform many rely on financially, in a country with a 33 per cent unemployment rate—the second highest in the world.”

Meanwhile, critics and the Minority Caucus of the House of Representatives condemned the regime’s action in a statement, describing it as a violation of human rights.

Minority Leader Ndudi Elumelu on Saturday said, “Our caucus rejects this thoughtless decision of the federal government.” It noted that suspending Twitter “amounts to a clampdown and a direct infringement on the rights of Nigerians to free speech as guaranteed by the 1999 Constitution (as amended).”

Similarly, Nigerian human rights lawyer, Mike Ozekhome in a statement on Sunday, said using Twitter is not a “known crime or written offence.” He argued that the National Assembly had not enacted any law banning the use of social media, including Twitter.

“This government must be ready to build thousands of prisons across all the nooks and crannies of Nigeria so as to accommodate the deluge of ‘erring’ Nigerians,” Mr Ozekhome added.

Related Forums
Buhari, APC Selling Nigeria – PDP Condemns Fresh $4b, €710m Loans
Forum

Buhari, APC Selling Nigeria – PDP Condemns Fresh $4b, €710m Loans

20 hours ago
Consistent with derivatives markets, Ether (ETH) buyers are nonetheless assured that there’s the danger formore upside despite the fact that the 23% correction on Sept. 7 took a success on costs.   Ethereum community congestion additionally peaked on Sept. 7 when the common transaction price reached $60, and because then it has remained above $17. On account of the lingering demanding situations skilled via the community, traders have shifted into Ethereum competition with bridge and layer-two functions. For instance, Polkadot’s DOT rose via 29% during the last week and Algorand’s ALGO spiked 67%.  Definitely, there’s a quest for interoperability and layer-two scaling answers, aiming to briefly meet the explosive call for for nonfungible tokens (NFTs) and decentralized finance (DeFi) packages.  Whether or not the Ethereum community will maintain its absolute management place turns out inappropriate at the moment, because the business’s internet worth locked (adjusted overall worth locked) in good contracts has risen from $13.6 billion in December 2020 to its present $82 billion.  Regulatory worry coming from the US is most likely curtailing traders’ optimism in cryptocurrencies. Consistent with a report launched via a Area committee on Sept. 13, lawmakers intention to near a loophole that in the past allowed traders to assert capital good points deductions. The Inside Earnings Carrier these days considers cryptocurrencies as assets in “wash gross sales,” and consequently, they’re exempted from 30-day repurchase laws.  Ether value on Bistamp in USD. Supply: TradingView The temporary $4,000 take a look at on Sept. 3 momentarily led to derivatives markets to go into overdrive. The nonstop 45-day lengthy rally had raised Ether’s value from $1,735 on July 20, a 130% build up. In the meantime, the $3,200 toughen held firmly and boosted bulls’ self belief despite the fact that the altcoin dropped via 16% in 8 days.  ETH futures knowledge displays bulls are nonetheless “bullish”  Ether’s quarterly futures are the most popular tools of whales and arbitrage desks. Because of their agreement date and the cost distinction from spot markets, they could appear sophisticated for retail buyers. On the other hand, their maximum notable merit is the loss of a fluctuating investment charge.  Those fixed-month contracts most often business at a slight top rate to identify markets, indicating that dealers request more cash to withhold agreement longer. In consequence, futures must business at a 5% to fifteen% annualized top rate on wholesome markets. This example is referred to as “contango” and isn’t unique to crypto markets.   ETH futures 3-month annualized top rate. Supply: Laevitas As displayed above, Ether’s futures contracts were maintaining a good 8% top rate since Aug. 9. Aside from the temporary surge above 15% on Sept. 7, derivatives buyers have remained cautiously positive.  To grasp whether or not this motion used to be unique to these tools, one must additionally analyze perpetual contracts futures knowledge. Despite the fact that longs (consumers) and shorts (dealers) are matched always in any futures contract, their leverage varies.  In consequence, exchanges will rate a investment charge to whichever facet is the usage of extra leverage to steadiness their possibility, and this price is paid to the opposing facet.   ETH perpetual futures 8-hour investment charge. Supply: Bybt Information unearths that modest pleasure began build up on Sept. 2, lasting lower than 5 days. The sure investment charge displays that longs (consumers) have been those paying the charges, however the motion turns out reactive to the cost build up, and it pale as Ether crashed on Sept. 7.  At the present time, there are not any indicators of weak spot from Ether derivatives markets, and this might be interpreted as a bullish indicator. Traders’ consideration stays excited about traits in legislation and Ethereum 2.0, which everybody assumes must settle the scalability downside for just right.  The perspectives and evaluations expressed listed here are only the ones of the author and don’t essentially replicate the perspectives of Cointelegraph. Each funding and buying and selling transfer comes to possibility. You must behavior your individual analysis when you make a decision.
Forum

Consistent with derivatives markets, Ether (ETH) buyers are nonetheless assured that there’s the danger formore upside despite the fact that the 23% correction on Sept. 7 took a success on costs. Ethereum community congestion additionally peaked on Sept. 7 when the common transaction price reached $60, and because then it has remained above $17. On account of the lingering demanding situations skilled via the community, traders have shifted into Ethereum competition with bridge and layer-two functions. For instance, Polkadot’s DOT rose via 29% during the last week and Algorand’s ALGO spiked 67%. Definitely, there’s a quest for interoperability and layer-two scaling answers, aiming to briefly meet the explosive call for for nonfungible tokens (NFTs) and decentralized finance (DeFi) packages. Whether or not the Ethereum community will maintain its absolute management place turns out inappropriate at the moment, because the business’s internet worth locked (adjusted overall worth locked) in good contracts has risen from $13.6 billion in December 2020 to its present $82 billion. Regulatory worry coming from the US is most likely curtailing traders’ optimism in cryptocurrencies. Consistent with a report launched via a Area committee on Sept. 13, lawmakers intention to near a loophole that in the past allowed traders to assert capital good points deductions. The Inside Earnings Carrier these days considers cryptocurrencies as assets in “wash gross sales,” and consequently, they’re exempted from 30-day repurchase laws. Ether value on Bistamp in USD. Supply: TradingView The temporary $4,000 take a look at on Sept. 3 momentarily led to derivatives markets to go into overdrive. The nonstop 45-day lengthy rally had raised Ether’s value from $1,735 on July 20, a 130% build up. In the meantime, the $3,200 toughen held firmly and boosted bulls’ self belief despite the fact that the altcoin dropped via 16% in 8 days. ETH futures knowledge displays bulls are nonetheless “bullish” Ether’s quarterly futures are the most popular tools of whales and arbitrage desks. Because of their agreement date and the cost distinction from spot markets, they could appear sophisticated for retail buyers. On the other hand, their maximum notable merit is the loss of a fluctuating investment charge. Those fixed-month contracts most often business at a slight top rate to identify markets, indicating that dealers request more cash to withhold agreement longer. In consequence, futures must business at a 5% to fifteen% annualized top rate on wholesome markets. This example is referred to as “contango” and isn’t unique to crypto markets. ETH futures 3-month annualized top rate. Supply: Laevitas As displayed above, Ether’s futures contracts were maintaining a good 8% top rate since Aug. 9. Aside from the temporary surge above 15% on Sept. 7, derivatives buyers have remained cautiously positive. To grasp whether or not this motion used to be unique to these tools, one must additionally analyze perpetual contracts futures knowledge. Despite the fact that longs (consumers) and shorts (dealers) are matched always in any futures contract, their leverage varies. In consequence, exchanges will rate a investment charge to whichever facet is the usage of extra leverage to steadiness their possibility, and this price is paid to the opposing facet. ETH perpetual futures 8-hour investment charge. Supply: Bybt Information unearths that modest pleasure began build up on Sept. 2, lasting lower than 5 days. The sure investment charge displays that longs (consumers) have been those paying the charges, however the motion turns out reactive to the cost build up, and it pale as Ether crashed on Sept. 7. At the present time, there are not any indicators of weak spot from Ether derivatives markets, and this might be interpreted as a bullish indicator. Traders’ consideration stays excited about traits in legislation and Ethereum 2.0, which everybody assumes must settle the scalability downside for just right. The perspectives and evaluations expressed listed here are only the ones of the author and don’t essentially replicate the perspectives of Cointelegraph. Each funding and buying and selling transfer comes to possibility. You must behavior your individual analysis when you make a decision.

1 day ago
New report reveals top-graded exchanges at three-year peak volume dominance
Forum

New report reveals top-graded exchanges at three-year peak volume dominance

1 day ago
Buhari Has Handed Over Nigeria To Terrorists, Hates IPOB, Oduduwa Agitators – Adeyanju
Forum

Buhari Has Handed Over Nigeria To Terrorists, Hates IPOB, Oduduwa Agitators – Adeyanju

2 days ago