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Cameron Calls June 23 EU Referendum as Cabinet Fractures

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David Cameron

Prime Minister David Cameron said he’ll hold a long-pledged referendum on the U.K.’s membership of the European Union on June 23, signaling the start of a four-month campaign that immediately exposed rifts in his Conservative Party.

“Leaving Europe would threaten our economic and our national security,” Cameron said outside his official Downing Street residence in London Saturday. “The choice is in your hands, but my recommendation is clear. I believe that Britain will be safer, stronger, and better off in a reformed European Union.”

Cameron’s announcement, made after what the BBC described as the first cabinet meeting held on a Saturday since the Falklands War in 1982, follows intense negotiations in Brussels over the past two days to finalize a deal with EU leaders resetting Britain’s relationship with the 28-nation bloc. Now, attention turns to the stance of ministers who have been given a free hand by Cameron to campaign against the government’s position. They were asked not to announce their intentions until after the cabinet meeting.

Divisions among the Tories were immediately in evidence when several ministers were pictured at a rally by Vote Leave, one of several groups campaigning for an exit from the EU. They included Justice Secretary Michael Gove, Work and Pensions Secretary Iain Duncan Smith, Chris Grayling, the leader of the House of Commons, Northern Ireland Secretary Theresa Villiers, Culture Secretary John Whittingdale and Employment Minister Priti Patel. Late Friday, several rank-and-file Tory lawmakers addressed a rally by Grassroots Out, another group campaigning for an exit.

The vote, on the same day as an EU summit, will revisit the question of the U.K.’s membership of the EU that was last put to voters in 1975, two years after Britain joined the bloc, then known as the European Economic Community. The bookmaker Ladbrokes on Saturday put the odds of Britons voting to remain at 69 percent.

“There will be many passionate arguments over the months ahead and individual cabinet ministers will have the freedom to campaign in a personal capacity as they wish,” Cameron said. In January, he told lawmakers he was dispensing with traditional cabinet guidelines of “collective responsibility,” saying ministers would not be disciplined for opposing the official line on the referendum.

The prime minister was given a fillip on Saturday when Business Secretary Sajid Javid and Home Secretary Theresa May, both seen as wavering over which way to vote, threw their support behind the campaign to remain.

Javid’s stance was reported earlier by The Spectator magazine and confirmed by his office after the cabinet meeting, while May, who’s expressed Euro-skeptic views in the past, said in a statement she’ll support the government position.

‘National Interest’

“For reasons of security, protection against crime and terrorism, trade with Europe, and access to markets around the world, it is in the national interest to remain a member of the European Union,” she said.

Health Secretary Jeremy Hunt and International Development Secretary Justine Greening also issued early statements supporting the campaign to stay in the bloc.

Earlier, Chancellor of the Exchequer George Osborne, who’s helped spearhead the U.K.-EU discussions, told the BBC the U.K. will be “safer” staying in the European Union.

“The alternative is a huge leap in the dark, with the risks that that entails for our country, for its economy and for our security,” he said.

The views of London Mayor Boris Johnson will be the most closely watched, after an Ipsos Mori poll on Feb. 17 found he’s second to only Cameron when it comes to influencing whether voters choose to stay or go.

Unlike the “bitterly divided” Tories, the opposition Labour Party is largely united on the issue of Europe, its foreign affairs spokesman, Hilary Benn, said Saturday in a BBC radio interview. “The vast majority of Labour MPs, the Labour movement, the Labour Party conference, the trade union movement supports our continued membership.”

Labour Party leader Jeremy Corbyn, who’s held ambiguous views on the issue in the past, also threw his weight behind the campaign to stay.

“We will be campaigning to keep Britain in Europe in the coming referendum, regardless of David Cameron’s tinkering, because it brings investment, jobs and protection for British workers and consumers,” Corbyn said Saturday in an e-mailed statement.

Emergency Brake

The U.K. won a seven-year “emergency-brake” period in which it can impose welfare curbs on other EU citizens arriving to work in Britain, as well as provisions for its financial services industry and agreement that the EU goal of “ever closer union” doesn’t apply to Britain.

Cameron “only ever asked for minor changes,” Vote Leave Chief Executive Officer Matthew Elliott said in a statement.“He will now declare victory but it is an entirely hollow one.”

Grassroots Out’s rally late Friday included speeches by Conservative lawmakers David Davis, Tom Pursglove and Peter Bone, Labour’s Kate Hoey, and U.K. Independence Party leader Nigel Farage, whose pressure before last year’s general election fed into Cameron’s decision to call a referendum.

“The great thing about the campaign is it’s absolutely cross-party, cross-union,” Bone said in an interview. There are people “from across all the political spectrum — and most of them, I don’t agree with on anything. But on this one issue we’re all coming together.”

It wasn’t all unity at the rally, which gathered more than 1,000 people a stone’s throw from the Houses of Parliament. More than 100 people walked out when guest speaker and Respect Party leader George Galloway was brought on at the end, some of them calling him an anti-Semite, because of his views on the Israeli-Palestinian conflict.

“There is an exit door, and I suggest we take it,” Farage said in a reference to the EU, rather than Galloway.

Is the CEO/Founder of Investors King Limited. A proven foreign exchange research analyst and a published author on Yahoo Finance, Businessinsider, Nasdaq, Entrepreneur.com, Investorplace, and many more. He has over two decades of experience in global financial markets.

Government

EFCC Declares Former Kogi Governor, Yahaya Bello, Wanted Over N80.2 Billion Money Laundering Allegations

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Yahaya Bello

The Economic and Financial Crimes Commission (EFCC) has escalated its pursuit of justice by declaring former Kogi State Governor, Yahaya Bello, wanted over alleged money laundering amounting to N80.2 billion.

In a first-of-its-kind action, the EFCC announced Bello’s wanted status in connection with the alleged embezzlement of funds during his tenure as governor.

The commission, armed with a 19-count criminal charge, accused Bello and his cohorts of conspiring to launder the hefty sum, which was purportedly diverted from state coffers for personal gain.

The declaration of Bello as a wanted fugitive came after a series of failed attempts by the EFCC to effect his arrest.

Despite an ex-parte order from Justice Emeka Nwite of the Federal High Court, Abuja, mandating the EFCC to apprehend and produce Bello in court for arraignment, the former governor managed to evade capture with the reported assistance of his successor, Governor Usman Ododo.

This latest development shows the challenges faced by law enforcement agencies in holding powerful individuals accountable for their actions.

However, it also demonstrates the unwavering commitment of the EFCC to uphold the rule of law and ensure that justice is served, irrespective of the status or influence of the accused.

In response to the EFCC’s declaration, the Attorney General of the Federation and Minister of Justice, Lateef Fagbemi, issued a stern warning to Bello, stating that fleeing from the law would not resolve the allegations against him.

Fagbemi urged Bello to honor the EFCC’s invitation and cooperate with the investigation process, saying it is important to uphold the rule of law and respect the authority of law enforcement agencies.

The EFCC’s pursuit of Bello underscores the agency’s mandate to combat corruption and financial crimes, sending a strong message that individuals implicated in corrupt practices will be held accountable for their actions.

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Concerns Mount Over Security as National Identity Card Issuance Shifts to Banks

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NIMC enrolment

Amidst the National Identity Management Commission’s (NIMC) recent announcement that the issuance of the proposed new national identity card will be facilitated through applicants’ respective banks, concerns are escalating regarding the security implications of involving financial institutions in the distribution process.

The federal government, in collaboration with the Central Bank of Nigeria (CBN) and the Nigeria Inter-bank Settlement System (NIBSS), introduced a new identity card with payment functionality, aimed at streamlining access to social and financial services.

However, the decision to utilize banks as distribution channels has sparked apprehension among industry stakeholders.

Mr. Kayode Adegoke, Head of Corporate Communications at NIMC, clarified that applicants would request the card by providing their National Identification Number (NIN) through various channels, including online portals, NIMC offices, or their respective banks.

Adegoke emphasized that the new National ID Card would serve as a single, multipurpose card, encompassing payment functionality, government services, and travel documentation.

Despite NIMC’s assurances, concerns have been raised regarding the necessity and security implications of introducing a new identity card system when an operational one already exists.

Chief Deolu Ogunbanjo, President of the National Association of Telecoms Subscribers, questioned the rationale behind the new General Multipurpose Card (GMPC), citing NIMC’s existing mandate to issue such cards under Act No. 23 of 2007.

Ogunbanjo highlighted the successful implementation of MobileID by NIMC, which has provided identity verification for over 15 million individuals.

He expressed apprehension about integrating the new ID card with existing MobileID systems and raised concerns about data privacy and unauthorized duplication of ID cards.

Moreover, stakeholders are seeking clarification on the responsibilities for card blocking, replacement, and delivery in case of loss or theft, given the involvement of multiple parties, including banks, in the issuance process.

The shift towards utilizing banks for identity card issuance raises fundamental questions about data security, privacy, and the integrity of the identification process.

With financial institutions playing a pivotal role in distributing sensitive government documents, there are valid concerns about potential vulnerabilities and risks associated with this approach.

As the debate surrounding the security implications of the new national identity card continues to intensify, stakeholders are calling for greater transparency, accountability, and collaboration between government agencies and financial institutions to address these concerns effectively.

The paramount importance of safeguarding citizens’ personal information and ensuring the integrity of the identity verification process cannot be overstated, especially in an era of increasing digital interconnectedness and heightened cybersecurity threats.

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Israeli President Declares Iran’s Actions a ‘Declaration of War’

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Israel Gaza

Israeli President Isaac Herzog has characterized the recent series of attacks from Iran as nothing short of a “declaration of war” against the State of Israel.

This proclamation comes amidst escalating tensions between the two nations, with Iran’s aggressive actions prompting serious concerns within Israel and the international community.

The sequence of events leading to Herzog’s grave assessment began with a barrage of 300 ballistic missiles and drones launched by Iran towards Israel over the weekend.

While the Israeli defense forces managed to intercept a significant portion of these projectiles, the sheer scale of the assault sent shockwaves through the region.

President Herzog’s assertion of war was underscored by Israel’s careful consideration of its response options and ongoing discussions with its global partners.

The gravity of the situation prompted the convening of the G7, where member nations reaffirmed their commitment to Israel’s security, recognizing the severity of Iran’s actions.

However, the United States, a key ally of Israel, took a nuanced stance. President Joe Biden conveyed to Israeli Prime Minister Benjamin Netanyahu that, given the limited casualties and damage resulting from the attacks, the US would not support retaliatory strikes against Iran.

This position, though strategic, reflects a delicate balancing act in maintaining stability in the volatile Middle East region.

Meanwhile, Russian Foreign Minister Sergei Lavrov and his Iranian counterpart Hossein Amir-Abdollahian cautioned against further escalation, emphasizing the potential for heightened tensions and provocative acts to exacerbate the situation.

In response to the escalating crisis, the Nigerian government issued a call for restraint, urging both Iran and Israel to prioritize peaceful resolution and diplomatic efforts to ease tensions.

This appeal reflects the broader international consensus on the need to prevent further escalation and mitigate the risk of a wider conflict in the Middle East.

As Israel grapples with the implications of Iran’s aggressive actions and weighs its response options, President Herzog reiterated Israel’s commitment to peace while emphasizing the need to defend its people.

Despite calls for restraint from global allies, Israel remains vigilant in safeguarding its security amidst the growing threat posed by Iran’s belligerent behavior.

The coming days are likely to be critical as Israel navigates the complexities of its response while international efforts intensify to defuse the escalating tensions between Iran and Israel.

The specter of war looms large, underscoring the urgency of diplomatic engagement and concerted efforts to prevent further escalation in the region.

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