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Nigeria Brings The Big Knife To Cut Down Bureaucracy with Oronsaye Report

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Highlights of Federal Executive Council decisions on Monday 26 February

Here are some of the highlights of the far reaching decisions taken today at the Federal Executive Council meeting, chaired by President Bola Ahmed Tinubu.

  1. FEC approved construction of Lagos-Port Harcourt-Calabar Coastal Superhighway to Messrs Hitech Construction Africa. The First phase made up of 47 kms will begin in Lagos.
  2. Social security payments to the vulnerable households to begin immediately. Recipients will be those with NIN and BVN.

  3. Social security payments to be extended to graduates from NCE and upwards

  4. Consumer Credit to be established very urgently. Chief of Staff to lead a committee that includes Budget Minister, Attorney-General, Coordinating Minister of the Economy and Finance, to make the scheme a reality.

  5. The Council in order to enhance efficiency in the Federal service, and reduce the cost of governance, decided to implement the recommendations of the Steve Oronsaye panel on the restructuring and rationalisation of Federal agencies, parastatals and commissions.

The implementation involves merging, subsuming and scrapping agencies with similar functions.

The Oronsaye report was submitted in 2012 to the Jonathan administration. In 2014, the Jonathan government released a white paper on the report. The Buhari administration after re-examining the white paper also released a second white paper in August 2022, but did not implement the report.

However, the Tinubu administration has decided to confront the monster of high governance cost by implementing elements of the report.

An eight-man committee has a 12-week deadline to ensure that the necessary legislative amendments and administrative restructuring needed to implement the reforms are effected in an efficient manner.

The committee comprises Secretary to the Government of the Federation, Head of the Civil Service, Attorney General and Justice Minister, Budget and Planning Minister, DG Bureau of Public Service Reform, Special Adviser to the President on Policy Coordination, Special assistant to the president on National Assembly. The Cabinet Affairs Office will serve as the secretariat.

Key recommendations for implementation:

National Salaries, Income and wages Commission to be subsumed under Revenue Mobilisation and Fiscal Commission. The National Assembly will need to amend the constitution as RMAFC was established by the constitution.

Infrastructure Concession and Regulatory Commission to be merged with Bureau of Public Enterprise and be rechristened as `Public Enterprises and Infrastructural Concession Commission

National Human Rights Commission to swallow Public Complaints Commission

Pension Transitional Arrangement Directorate(PTAD) to be scrapped and functions to be taken over by Federal Ministry of Finance

NEMA and National Commission for Refugees to be fused to become National Emergency and Refugee Management Commission

Border Communities Development Agency to become a department under National Boundary Commission

NACA and NCDC to be merged

SERVICOM to become a department under the Bureau for Public Service Reform(BPSR)

NALDA to return to the Ministry of Agriculture and Food Security.

Federal Ministry of Science to supervise a new agency that combines NCAM, NASENI and PRODA

National Commission for Museums and Monuments and National Gallery of Arts to become one entity that will be known as National Commission for Museums, Monuments and Gallery of Arts.

National Theatre to be merged with National Troupe.
13. Directorate of Technical Cooperation in Africa and Directorate of Technical Aid Corp to be merged under the Ministry of Foreign Affairs

Nigerians in Diaspora Commission to become an agency under the Ministry of Foreign Affairs.

Federal Radio Corporation and Voice of Nigeria to be one entity to be known as Federal Broadcasting Corporation of Nigeria

National Biotechnology Development Agency(NABDA) and National Centre for Genetic Resources and Biotechnology to be emerged into an agency to be known as National Biotechnology Research and Development Agency(NBRDA).

National Institute for Leather Science Technology and National Institute for Chemical Technology to become one agency.

Nigeria Natural Medicine Development Agency and National Institute of Pharmaceutical Research and Development to become one agency.

The National Metallurgical Development Centre and National Metallurgical Training Institute will be merged.

National Institute for Trypanosomiasis to be subsumed under Institute of Veterinary Research in Vom, Jos.

The list is not exhaustive.

Bayo Onanuga
Special Adviser Information and Strategy to President Bola Ahmed Tinubu

Rethink your role at work because intelligent machines are at the doors

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Last week, I had a conversation with a Managing Director of a US bank. I wanted to understand what they’re doing, and plan to do, with respect to careers in the evolving AI era. He explained the emerging role of AI and how AI will influence and impact careers of the future.

Good People, over time, on most white-collar jobs, our supervisors will be AI. For example, a bank can set up a system where AI will handle customer support for customers who are investing $100 in a fund while humans will be required to call and speak with clients putting in $1m. But those calls could be monitored by AI so that immediately you drop the call, AI will analyze the call, examine context, etc on how effective you were on that call. At the end of the week, AI will summarize what you have done on those calls and send them to a senior manager. Feedback? AI can also provide you after every call!

(Some US banks are just beginning to track calls made by their sales teams, not just for compliance purposes, but also to track how efficient they are on those calls. He does posit that AI is already listening to some of those calls).

Good People, rethink your role at work because intelligent machines are at the doors.

Staking in Crypto: A Path to Passive Income with Ethereum, Cardano, and Scorpion Casino

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A notable aspect of cryptocurrency has been the use of staking, regarded by all as a useful pathway to generating passive income. Through holding funds in a cryptocurrency wallet to support the operations of a blockchain network, staking has created opportunities for rewards. In this article, we’ll have a look at Scorpion Casino ($SCORP), Ethereum and Cardano to see how they cater to the staking interests of their respective investors.

Staking With Scorpion Casino Yields High Rewards

Scorpion Casino has been a revelation within crypto. With its ongoing presale nearing a conclusion, it has generated over $5.2m in sales, leaving it well-placed to make a significant impact upon its market launch.

For individuals intrigued by the fusion of cryptocurrency and online gaming, Scorpion Casino (SCORP) presents an exceptional staking prospect within the dynamic realm of online gaming. Utilizing blockchain technology to uphold transparency, efficiency, and security, Scorpion Casino Token furnishes investors with an active route to passive income, allowing users to earn up to 10,000 USDT daily. Diverging from conventional staking methodologies, SCORP’s tokenomics system integrates innovative elements such as buy-backs, burns, and revenue-sharing, enriching the staking experience and amplifying returns for investors. With projections forecasting the online gaming market’s expansion to $145.6 billion by 2030, Scorpion Casino Token diminishes entry barriers, rendering it an alluring choice for investors desiring exposure to this profitable sector.

Scorpion Casino’s revenue-sharing mechanism shields investors from the inherent volatility of the crypto market, establishing a reliable income stream. Collaborations with prominent iGaming developers and influencers bolster the platform’s offerings, captivating a varied user base.

Additionally, Scorpion Casino’s history of achievements, inclusive of alliances with industry frontrunners and accolades from esteemed platforms like CoinMarketCap, fosters trust in its capacity for sustained growth and profitability.

Ethereum Is One Of The Leading Coins For Staking

Ethereum, one of the pioneering cryptocurrencies, introduced staking with the launch of Ethereum 2.0, transitioning from a proof-of-work to a proof-of-stake consensus mechanism. Ethereum staking involves locking up a certain amount of ETH to validate transactions and secure the network. In return, stakers receive ETH rewards, making it an attractive option for investors looking to earn passive income while contributing to the Ethereum ecosystem’s growth and security.

How To Make Passive Income With Cardano

Similarly, Cardano, often dubbed the “Ethereum killer,” employs a proof-of-stake consensus mechanism to validate transactions and mint new ADA tokens. Cardano’s staking model, powered by its innovative Ouroboros protocol, allows ADA holders to participate in the network’s governance and earn rewards by delegating their coins to stake pools.

With Cardano’s commitment to scalability, interoperability, and sustainability, staking ADA presents investors with an opportunity to earn passive income while supporting a blockchain network poised for long-term success.

Staking in cryptocurrencies like Ethereum, Cardano, and Scorpion Casino presents investors with an opportunity to earn passive income while actively participating in blockchain networks or online gaming ecosystems.

Whether through securing the Ethereum network, participating in Cardano’s governance, or supporting Scorpion Casino’s online gaming platform, staking offers a versatile means of generating returns in the ever-evolving crypto landscape. As the popularity of staking continues to grow, investors are increasingly turning to these opportunities to diversify their portfolios and capitalize on the potential of cryptocurrency for passive income.

 

More information on SCORP:

Presale: https://presale.scorpion.casino/

Twitter: https://twitter.com/ScorpionCasino

Telegram: https://t.me/scorpioncasino_official

Scorpion Casino, DOGE And Shiba Inu Must Be In Your 2024 Crypto Portfolio; Here’s Why

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As we step into 2024, the crypto market is buzzing with opportunities that promise to reshape investment portfolios. Dogecoin, is on the verge of a comeback, while Shiba Inu, with its growing popularity and promising market moves, rises along with DOGE.

However, the spotlight shines on Scorpion Casino, a platform blending crypto with betting. SCORP distinguishes itself by offering a profit-sharing model that benefits its investors directly. This innovative approach not only makes Scorpion Casino a compelling addition to any crypto portfolio but also positions it as a leading choice for those looking to diversify with assets that offer more than just speculative value.

Dogecoin: The OG Meme Coin Makes A Comeback In 2024

Dogecoin, once a top-ten cryptocurrency, is gearing up for a significant comeback. Currently priced at $0.08619, it’s a far cry from its peak but shows promise for growth in 2024. With the crypto market entering a bullish phase and the Bitcoin halving event drawing near, Dogecoin is positioned for a potential price surge.

This original meme coin has demonstrated resilience and a loyal community backing, making it an intriguing option for investors looking to diversify their portfolios. Its humorous origins haven’t stopped it from becoming a serious contender in the crypto space, suggesting that now might be a smart time to get on board before its next big rally.

Why the Scorpion Casino Presale Is Essential for Comprehensive Portfolio Diversification

At the heart of Scorpion Casino’s appeal is the SCORP token, designed to offer investors and gamers alike a unique blend of entertainment and financial opportunity.

What sets Scorpion Casino apart is its profit-sharing model. This means that as the casino prospers, so do its investors, through daily passive income. This approach not only supports the token’s stability in fluctuating markets but also offers a compelling reason for individuals to consider adding SCORP to their portfolio.

Beyond financial incentives, Scorpion Casino boasts an extensive library of over 200 premium games, catering to a diverse range of preferences. This vast selection ensures a rich and engaging gaming experience, further enhanced by the platform’s commitment to security and fairness, as evidenced by its licensing and rigorous auditing.

Moreover, the platform’s commitment to security and fairness is underscored by its licensing and regular audits. Strategic partnerships, a unique NFT membership program, and a focus on community-building and rewards further highlight Scorpion Casino’s potential for growth and its innovative approach to online gambling in the crypto space.

Shiba Inu: Poised for Explosive Growth

Shiba Inu is capturing the attention of investors with its recent uptrend and breaking out of a falling wedge pattern. This move, coupled with a successful avoidance of a death cross and reclaiming the 50-day EMA, signals a strong entry point for potential investors.

The launch and immediate sell-out of Shiba Inu’s NFT, along with a spike in transaction volumes on the Shibarium network, underscore the growing interest and utility of SHIB.

With technical analysis projecting a rally that could test and exceed significant resistance levels, Shiba Inu offers an exciting investment opportunity. Its active community and expanding ecosystem make it a standout in the meme coin category, suggesting a bright future for those who invest now.

A Bullish Outlook

As we peel back the layers of potential within these digital assets, Scorpion Casino shines brightest. It’s not just another token; it’s a doorway to an ecosystem where entertainment meets financial growth, underpinned by a profit-sharing model that rewards its community.

While Dogecoin and Shiba Inu have their appeals, Scorpion Casino offers a comprehensive package: investment growth, entertainment, and a stake in the platform’s success. In the dynamic landscape of 2024’s crypto market, placing your bets on Scorpion Casino could be the strategic move that sets your portfolio apart.

 

More information on SCORP:

Presale: https://presale.scorpion.casino/

Twitter: https://twitter.com/ScorpionCasino

Telegram: https://t.me/scorpioncasino_official

Will (BTC) Reach $60k? Scorpion Casino Set To Become Passive Income Giants With $5.4M  Presale – Can Floki Inu Compete?

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Bitcoin (BTC) faces competition from innovative meme tokens and projects offering passive income, a sector expected to hit $1.1 trillion by 2025, according to Statista. This growing interest in alternative income is evident in the crypto world, where staking, lending, and other methods are popular for earning rewards. CoinMarketCap reports over $25 billion in crypto is tied up in DeFi staking protocols, benefiting token holders.

This article examines Bitcoin (BTC), Scorpion Casino (SCORP), and Floki Inu (FLOKI), highlighting their unique features and the potential for passive income, a key trend in the cryptocurrency industry.

SCORP Investors & The House Wins!

Standing out amidst the growing crypto casino niche is Scorpion Casino, with its native token, SCORP, generating significant buzz. Boasting over $5.4 million raised in its ongoing presale and exceeding 11,000 participants, the project has captured the attention of crypto enthusiasts eager for the platform’s official launch, wowing crypto news sites.

More than just a gaming platform, Scorpion Casino offers a compelling Passive Income opportunity through its profit-sharing staking system. Users can stake their SCORP tokens and earn daily rewards of up to $10,000 USDT, a stablecoin pegged to the US dollar, regardless of market fluctuations. This unique feature sets Scorpion Casino apart from traditional casinos and many other crypto projects, potentially generating significant returns for investors.

Notably, Scorpion Casino’s nearly two-year operational history as a licensed and regulated online gambling platform distinguishes it from many pre-launch projects, fostering trust and confidence in its future potential.

Bitcoin Faces Uncertain Future

Bitcoin, leading in market capitalization with a current price over $45,000, faces volatility and challenges. Despite a 40% rise since January 23rd, fluctuations and a bearish signal from the daily RSI raise doubts about reaching its $60,000 highs soon. This highlights the risks of investing in a single cryptocurrency and underscores the value of diversification in the crypto market. Investors looking for growth and passive income opportunities might benefit from exploring other innovative crypto projects with unique features and value.

Floki Inu: Meme Coin with Ambitious Metamorphosis

Floki Inu, the meme coin inspired by Elon Musk’s Shiba Inu, emerged in 2021 amidst the widespread popularity of meme coins. While its origins may be lighthearted, the project aspires to transcend this initial association and evolve into a multifaceted crypto ecosystem. Its roadmap outlines an ambitious vision encompassing various offerings, including non-fungible tokens (NFTs), educational platforms, and a play-to-earn game.

However, it is crucial to acknowledge that the project’s long-term success hinges on its ability to deliver on these ambitious promises.

Will You Ignore Passive Income Opportunity?

With its operational platform, Passive Income opportunities, and upcoming exchange listings, Scorpion Casino presents a unique value proposition for investors seeking a blend of entertainment and potential financial gain. Floki Inu, on the other hand, carries the weight of expectation as it attempts to transition from a meme coin to a comprehensive crypto ecosystem. For those seeking a Best Crypto Presale opportunity with Passive Income potential within a functional and established gaming platform, Scorpion Casino warrants serious consideration.

 

To learn more about Scorpion Casino and its ongoing presale, check out the links below

Presale: https://presale.scorpion.casino/

Twitter: https://twitter.com/ScorpionCasino

Telegram: https://t.me/scorpioncasino_official