DD
MM
YYYY

PAGES

DD
MM
YYYY

spot_img

PAGES

Home Blog Page 1154

Bill for Compulsory Voting Passes Second Reading, Sparks Uproar Amid Widespread Distrust in Nigeria’s Electoral System

0

The Nigerian House of Representatives has advanced a bill that seeks to make voting compulsory for eligible citizens, sparking debate and criticism across the country.

The proposed legislation, which passed its second reading on Wednesday, May 15, 2025, introduces stiff penalties, including a fine of up to N100,000 or a six-month jail term for any eligible Nigerian who fails to vote in an election.

Sponsored by the Speaker of the House, Hon. Tajudeen Abbas, alongside Hon. Daniel Ago, the bill is framed as an amendment to the 2022 Electoral Act. According to its proponents, the measure is intended to address Nigeria’s persistent problem of voter apathy and low turnout during elections, and to “deepen civic responsibility.”

Deputy Speaker Benjamin Kalu, while supporting the bill, said, “Compulsory voting is a norm in several democracies such as Australia. We need to ensure that citizens understand that rights come with responsibilities.” He added that the move would strengthen the credibility of elected governments by increasing participation.

A Law in the Wrong Political Climate

However, the bill has provoked a backlash, largely because of the enduring flaws in Nigeria’s political system — a system many believe is plagued by corruption, electoral manipulation, and judicial interference.

By this bill, it is believed that the government is attempting to coerce civic participation in a deeply flawed electoral environment where, for many Nigerians, votes appear to have little or no consequence.

In Nigeria, elections are routinely followed by allegations of ballot stuffing, result manipulation, and voter intimidation. The 2023 general elections presented a glaring example. After months of legal battles, the Supreme Court ended up deciding the outcomes of several gubernatorial, senatorial, and House of Representatives races, as well as the highly contested presidential election.

The presidential tribunal, and later the Supreme Court, ruled in favor of President Bola Tinubu, despite opposition parties contesting the integrity of the electoral process and the credibility of the results announced by the Independent National Electoral Commission (INEC).

Analysts say that in such a context, criminalizing non-participation is a misplaced priority.

Public Reaction and Backlash

Outside the chambers of the National Assembly, the bill has met even stiffer resistance. Former senator and human rights activist Shehu Sani dismissed the proposal entirely.

“The Bill to jail Nigerians who refused to vote is unnecessary,” he said.

Sani’s criticism underscores the broader national disillusionment with electoral institutions, especially INEC, which has struggled to shake off perceptions of partisanship and inefficiency. The electoral commission faced widespread criticism over the handling of the 2023 elections, especially for failing to transmit results electronically in real-time — a promise that had been central to its credibility push.

Against this backdrop, many believe that what the lawmakers need to focus on is making the votes count.

“If we fix the system, the government don’t have to make the voting mandatory,” Anas Abdullahi Dukamaje said.

Civil society groups have also voiced opposition against the bill, with a threat to sue if the bill becomes a law.

“Following reports today that a repressive bill seeking to jail or fine eligible Nigerians who fail to vote has scaled second reading, we’re again calling on Mr Akpabio and Mr Abbas to immediately withdraw the bill. We’ll see in court if the bill is ever passed into law, the Social-Economic & Accountability Project (SERAP) warned.

Where the Bill Goes from Here

Despite the heavy criticism, the bill has now been referred to the House Committee on Electoral Matters for further legislative work. Its fate remains uncertain, especially as public pressure mounts against its progression. If passed, it will still require the concurrence of the Senate and the President’s assent to become law.

However, the controversy surrounding the bill has exposed a deeper crisis — the widening chasm between Nigeria’s political class and its electorate. While lawmakers push for mandatory participation, citizens are demanding an electoral system that guarantees transparency, accountability, and true representation.

Poor Results and How JAMB Failed Statistics Questions!

0

JAMB failed and the leaders disappointed us. This is a team I have praised many times here, even honouring the Registrar as the finest public servant in the nation multiple times. Yet, even in my praise, I have maintained that JAMB must not be seen as a revenue generating entity, to avoid the issue of driving margins over trust, integrity and standards.

When the news of the mass JAMB failure broke, many community members sent me the report. I wrote to most: “that result is impossible” and I REFUSED to join most to castigate young Nigerians for the mass failure. But what did I do? I joined some select Nigerians to understand more.

Good People, Lagos and Southeast have consistently outperformed in JAMB in the last 20 years. In other words, you would always see the state and the region breaking above average. So when Lagos and Southeast failed, JAMB’s statistician would have known that it was not typical. In one school within the University of Nigeria Nsukka, 100% of the students failed as none scored above 200. But historically, this school has produced some amazing JAMBITES. JAMB’s internal data ought to have flagged the abnormalities in the results!

Fellow Citizens, JAMB has no excuse; it is a monumental failure. JAMB has distorted destinies for many young people. I have my own personal record. When I wrote mine, I put FUT Owerri as my 1st, 2nd and 3rd choices. Admission results were published and I enrolled in FUTO. But later, the admission letter came and it had UNN – Electrical Engineering.

What happened? No one could explain. I left Owerri and went to JAMB head office in Lagos, insisting that I was only for FUTO, not UNN, because I wanted to study Electrical & Electronics engineering with option in Electronics & Computer Engineering (three degrees in one) over UNN’s mono Electrical engineering. My HOD in FUTO had even encouraged me to move to UNN; I refused. At JAMB, they explained how UNN cornered my admission as it wanted me to come to Nsukka. I said, but you did not consult with me after you had already sent my name to FUTO to enroll.

A village boy was speaking and I told them to cancel the UNN admission for FUTO. They printed a new admission letter, and I made it back to FUTO – and handed it over to the registrar. They were stunned! I was lucky as JAMB listened. And I also want to commend the current leadership for how it has listened. I do hope these students will get help!

If you read my piece, you will understand my issue: data and statistics. JAMB should not have released the results if it did its work. If it works with data, it ought to have known that a UNN center would not have produced 100% failure when the center in previous years had produced great JAMBITES. Forget the tech mess, focus on the need to apply data and statistics.

The Real JAMB Failure

The biggest failure in JAMB is not that it did not update its software in Lagos State and states in Southeast Nigeria. The real issue is that JAMB published the results. Largely, if JAMB was applying statistics it was testing the students on, it ought to have noticed that the results were “impossible” since states in Southeast and Lagos state have typically outperformed in JAMB exams. 

A center in Nsukka had close to 100% failure (none scored above 200), their analysis would have shown that it was impossible considering the proximity of this center to UNN secondary school. This is what makes this mess very scary as we have just picked a signal that JAMB has no memory, and is operating as a garbage in garbage out institution! If not, it would have sent staff to know why Imo, Abia,  Anambra and Lagos states – usually the top JAMB scorers- underperformed.

And this comes to my incessant criticism of making JAMB a revenue generating agency which must generate money for the federal government. Most exam bodies are structured as public benefit organizations making it possible to invest in standards and deepen trust and integrity. But when Registrars are seen as rainmakers, those auxiliary services could be cut. I think that is what possibly happened. If not, there is no way JAMB statisticians would not have seen that it was impossible for the affected states to have performed as published.

Qatar Deal Could Reshape U.S. Economic and Geopolitical Landscapes

0

President Donald J. Trump has secured a $1.2 trillion economic commitment from Qatar, announced by the White House on May 14, 2025. The deal spans aviation, energy, technology, and defense, including a $96 billion Qatar Airways order for 210 Boeing 777X and 787 jets, $1 billion for quantum technology and workforce development, and agreements involving Qatar Energy and McDermott.

This is part of nearly $2 trillion in U.S. deals from Trump’s Middle East trip. However, some sources, like Bloomberg, report a lower figure of $243.5 billion, suggesting possible discrepancies in the total value. As economic “commitments” may not always translate to finalized investments. The $1.2 trillion economic commitment from Qatar to the U.S., carries significant implications for both nations and highlights a polarized divide in perception and impact.

The deal includes a $96 billion Qatar Airways order for 210 Boeing aircraft (777X and 787), potentially creating or sustaining thousands of jobs in the U.S. aerospace sector. Additional investments in energy (Qatar Energy) and technology ($1 billion for quantum tech and workforce development) could further stimulate job growth in high-tech and energy industries. If realized, the $1.2 trillion commitment strengthens U.S.-Qatar trade ties, positioning the U.S. as a preferred destination for Qatari capital. This could diversify U.S. economic partnerships beyond traditional allies.

Investments in aviation, defense, and quantum technology signal long-term growth in strategic industries, potentially enhancing U.S. technological and military competitiveness. The deal reinforces Qatar’s role as a key U.S. ally in the Middle East, home to the Al Udeid Air Base, a critical hub for U.S. military operations. This could counterbalance influence from rivals like China or Russia in the region. Trump’s ability to secure such a massive deal during his Middle East trip (totaling nearly $2 trillion in commitments) bolsters U.S. diplomatic leverage, potentially reshaping Gulf state alignments.

Qatar Energy’s involvement suggests expanded LNG or oil-related projects, which could stabilize U.S. energy markets or enhance export capacity. The $1 billion quantum technology investment could position the U.S. as a leader in this emerging field, with applications in cybersecurity, AI, and defense. Economic “commitments” are not guaranteed. Past high-profile deals, like Saudi Arabia’s 2017 pledges, have often fallen short of promised figures. Bloomberg’s lower estimate of $243.5 billion suggests potential exaggeration or miscommunication.

Heavy reliance on Qatari investment could raise concerns about foreign influence over U.S. industries, particularly in defense and technology. Benefits may concentrate in specific sectors (e.g., aerospace, tech) or regions, potentially exacerbating domestic economic divides. Supporters view this as a triumph of Trump’s deal-making prowess, showcasing his ability to secure historic investments that Biden’s administration couldn’t. They argue it validates his “America First” economic strategy, bringing jobs and global respect to the U.S. Social media posts on X, like those from TheCalvinCooli, amplify this, framing Trump as a master negotiator outshining predecessors.

Critics question the deal’s legitimacy, citing discrepancies (e.g., Bloomberg’s $243.5 billion vs. $1.2 trillion) and Trump’s history of overstating economic wins. Some, like Noonz, express skepticism on X, warning of potential foreign influence or unfulfilled promises. Democrats may argue it prioritizes Gulf state interests over domestic issues like healthcare or infrastructure.

Workers in aerospace (e.g., Boeing employees), energy, and tech may see direct gains, while other sectors (e.g., retail, agriculture) may feel sidelined. Rural and industrial heartland communities might benefit less than urban tech hubs, deepening regional disparities. Large corporations like Boeing and McDermott stand to gain significantly, but the trickle-down effect to workers is uncertain. Unions may demand guarantees that jobs created are high-quality and sustainable.

Nationalists celebrate the deal as a win for U.S. economic sovereignty, while globalists warn of over-dependence on authoritarian states like Qatar, which faces criticism for human rights issues. This tension fuels debates about aligning with Gulf monarchies. Allies like the EU or Japan may view this as a U.S. pivot toward Gulf wealth, potentially sidelining traditional partnerships. Israel, a key U.S. ally, might welcome Qatar’s economic alignment as a stabilizing factor.

China and Russia may see this as a U.S. attempt to lock in Middle Eastern capital, prompting them to counter with their own regional investments. The Qatar deal could reshape U.S. economic and geopolitical landscapes, driving growth in strategic sectors and strengthening Middle East ties.

However, its success hinges on execution, transparency, and equitable distribution of benefits. The divide—between political factions, economic classes, and global perspectives—reflects deeper tensions about Trump’s leadership, foreign investment, and America’s role in the world.

3 Coins Ready to Explode Next: Top Crypto Buys for Short-Term Returns

0

If you’re chasing quick gains in crypto, timing is everything. The market never sleeps, and new opportunities are always popping up—some backed by solid fundamentals, others driven by pure hype.  Tokens that offer short-term returns are ideal choices for short-term traders seeking to generate substantial returns on their investment. Right now, three tokens are gaining momentum with the kind of setups that short-term traders dream about. From powerful ecosystems to meme-fueled momentum, these coins are poised to move—and fast.

Rexas Finance (RXS): A Top Crypto Pick for Short-Term Gains

Rexas Finance is not just another token hoping to ride market trends. It’s building a niche for itself in real-world asset (RWA) tokenization, one of the most promising narratives in the current crypto industry. Rexas Finance aims to create new opportunities in the traditional market by turning these traditional valuable assets into digital tokens. This process removes barriers such as high costs and illiquidity. That means you don’t need to be a millionaire to own a piece of a luxury apartment building or a valuable art collection. With Rexas, anyone can start building wealth—no gatekeeping.  Behind this vision is the Rexas ecosystem, which offers next-level DeFi tools for a wide range of uses. The Token Builder enables users to launch their tokens without prior coding experience. There’s also Rexas Estate, where you can buy and trade fractional shares in high-end properties. Additionally, tools like QuickMint Bot, GenAI for NFTs, and the Rexas Treasury are designed to facilitate both passive income and creative growth. Rexas Finance presale has seen massive participation. So far, Rexas has raised over $48 million, showing strong demand and community support. It is in its final stage, priced at just $0.20 per token. RXS goes live at $0.25 on June 19, and investors are already buzzing. Early backers have seen returns as high as 566%, and many analysts believe this could be just the beginning. Predictions suggest that the token could reach two digits within the first few weeks of its launch.  With momentum, a real product, and a market narrative that’s only going to get bigger, RXS is well-positioned for massive gains. That’s the kind of setup that could deliver some of the best short-term gains in 2025.

Fartcoin (FARTCOIN): The Meme Coin With Explosive Potential

Priced at $0.78, it has already increased by more than 100% in the past 30 days. Whales are loading up — a fresh wallet just dropped $1 million to scoop it at local highs.  Technically, FARTCOIN just broke through its 20-day EMA, and Bollinger Bands are tightening. This is a classic setup for a major breakout. If it clears the $0.95 resistance zone, $1 is the next easy target. Plus, with RSI sitting comfortably at 57, it still has momentum.  Chart watchers say Fartcoin has just completed a bullish cup and handle pattern, characterized by solid volume and accumulation between $0.90 and $0.95. That’s a green flag for short-term buyers. Although there is some capital outflow as larger holders take profits, overall momentum remains up. If Fartcoin breaks $1, the next stop could be $1.09 and beyond.

Pepe Coin (PEPE): Quiet Now, But Ready to Pop

Pepe Coin is gearing up for a major move, and short-term traders should be paying attention. Analysts are spotting several rare bullish signals on the charts. A double-bottom pattern is forming, and one respected expert believes PEPE could double in the coming weeks. That would push its price to around $0.000016, with the potential to rise even higher if momentum continues to build. Currently, PEPE is trading near $0.0000071, with strong support and multiple bullish chart patterns, including a falling wedge and an ascending channel. The coin recently bounced from key support and has reclaimed some critical moving averages. Plus, its 30-day volatility has dropped sharply—often a precursor to explosive price action. Retail investors are returning, with smaller transactions up 67% over the past week. And even though whales are still on the sidelines, five wallets just scooped up over $4 million worth of PEPE in hours—a clear sign of smart money stacking. If PEPE breaks above $0.0000076, liquidation zones could trigger a rapid rally. With the memecoin crowd warming up again, PEPE might surprise everyone.

Conclusion

Crypto moves quickly, and the biggest winners are often the ones who spot momentum before the crowd catches on. The three altcoins mentioned above are the top picks for short-term gains.  Rexas Finance’s token launch is near and is poised to hit double digits soon. Fartcoin demonstrates that even joke tokens can hold significant profit potential with the proper market setup. And Pepe Coin is quietly forming one of the most bullish patterns of the season. Among them, Rexas Finance stands out due to its real-world utility in the DeFi sector. This makes it not only a top pick for the short term but also for the long term, too.

For more information about Rexas Finance (RXS) visit the links below:

Website: https://rexas.com

Win $1 Million Giveaway: https://bit.ly/Rexas1M

Whitepaper: https://rexas.com/rexas-whitepaper.pdf

Twitter/X: https://x.com/rexasfinance

Telegram: https://t.me/rexasfinance

Tether to Launch QVAC, a Decentralized Open-Source AI Platform

0

Tether, a major player in the digital asset industry, announced QVAC (QuantumVerse Automatic Computer) on May 14, 2025, a decentralized, open-source AI platform designed to run directly on users’ devices. This initiative emphasizes privacy, autonomy, and scalability by enabling AI agents to operate without reliance on centralized cloud infrastructure or third-party intermediaries.

Key features of QVAC

Local Device Operation: AI applications and agents run on users’ devices, enhancing privacy by avoiding centralized data centers.

Peer-to-Peer Communication: The platform supports direct, decentralized connections between devices.

Native Blockchain Support: QVAC integrates Bitcoin and USDT payments through Tether’s Wallet Development Kit (WDK), enabling autonomous transactions.

Open-Source Development: Developers can access tools to build scalable AI applications with native support for blockchain-based payments, potentially tailored for crypto wallets.

Tether positions QVAC as a step toward “Infinite Intelligence,” aiming to set it apart from rivals by prioritizing user control and decentralization. The platform is described as a significant evolution of Tether’s vision, expanding beyond stablecoins into AI-driven innovation. The announcement of Tether’s QVAC, an open-source AI platform with native blockchain support, carries significant implications for the AI and blockchain industries, as well as for broader societal and technological divides.

By running AI on local devices and avoiding centralized cloud infrastructure, QVAC prioritizes user privacy and reduces dependence on tech giants like Google or Amazon. This could appeal to privacy-conscious users and crypto communities. Peer-to-peer communication and open-source development may lower barriers for developers, fostering innovation in decentralized AI applications, especially for crypto wallets and blockchain-based services.

Native support for Bitcoin and USDT payments via Tether’s Wallet Development Kit (WDK) enables autonomous, trustless transactions, potentially revolutionizing use cases like microtransactions, DeFi, or tokenized economies. QVAC’s decentralized model competes with centralized AI providers (e.g., OpenAI, Google). If successful, it could shift market dynamics toward user-controlled, blockchain-based AI ecosystems.

Tether, primarily known for stablecoins, is diversifying into AI, signaling a broader ambition to dominate the intersection of blockchain and AI. This could intensify competition in both sectors. Open-source tools and blockchain payment integration may attract developers to build QVAC-based applications, creating new revenue streams in decentralized AI markets.

Native blockchain support could drive mainstream adoption of cryptocurrencies for everyday transactions, particularly in regions with high crypto penetration. Tether’s history of regulatory challenges (e.g., transparency concerns around USDT reserves) may invite scrutiny of QVAC, especially given its blockchain and payment features. Governments could question its privacy-first model or its potential for unregulated financial activity.

QVAC’s reliance on local device computing could exclude users with low-end hardware, as running AI locally demands significant processing power. This may deepen the gap between users in developed regions with advanced devices and those in developing areas with limited tech access. While open-source, QVAC’s focus on blockchain and AI requires specialized knowledge, potentially limiting participation to technically skilled developers. Bridging this divide would require accessible documentation and tools for non-experts.

Although QVAC avoids cloud costs, high-end devices capable of running AI locally may be expensive, disproportionately affecting lower-income users. Blockchain transaction fees (e.g., Bitcoin or USDT) could further exclude those unable to afford them. By enabling crypto-based microtransactions, QVAC could empower unbanked populations in regions with high crypto adoption (e.g., parts of Africa or Latin America), providing access to AI-driven services without traditional banking.

QVAC’s privacy-first, decentralized approach aligns with crypto advocates’ values but may clash with regulators and users who prioritize oversight and security. This could polarize adoption between libertarian-leaning crypto communities and mainstream users wary of unregulated tech. The platform may deepen the ideological split between supporters of centralized AI (controlled by corporations) and decentralized AI (user-controlled). Adoption may vary by region, with crypto-friendly areas embracing QVAC and others sticking to familiar centralized platforms.

QVAC’s success may hinge on crypto penetration. Regions with established blockchain ecosystems (e.g., Southeast Asia, parts of Africa) may adopt it faster, while areas with stringent regulations (e.g., EU, China) may lag, creating a global disparity in access and impact. If Tether provides low-cost, user-friendly tools and supports offline or low-bandwidth modes, QVAC could democratize AI access in underserved regions, narrowing the global tech gap.

Tether’s QVAC has the potential to reshape the AI and blockchain landscape by prioritizing decentralization, privacy, and crypto integration. However, its success depends on addressing the technological, economic, and social divides it may exacerbate. To bridge these gaps, Tether must ensure accessibility for low-resource users, simplify developer tools, and navigate regulatory challenges.