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Senate proposes stiffer penalty for perpetrators of child rape

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Worried by the incessant cases of child rape across the country, Nigeria’s Senate on Tuesday moved to frame laws that would make perpetrators face capital punishment.

Moving the motion on Order 42 and 52 of Senate rules, Senator Rose Oko representing Cross River North Senatorial district explained that victims of child rape have been on the increase, a situation she said was worrisome, urging the upper chamber to intervene.

“Mr. President, distinguished colleagues, I rise on order 42 and 52 of Senate rules to explain a very disturbing issue of child rape. Mr. President, I want to say that this matter is alarming and we need to deal with it. ”

Reacting, Senator representing Lagos Central Senatorial district, Oluremi Tinubu on Tuesday said those indulging in child abuse deserve death penalty.

Tinubu wondered what perpetrators stand to benefit from such heinous acts, adding that, “raping a child is synonymous to killing that child.

“Imagine a child who doesn’t know anything and was raped. If you ask the child victim to stand in law Court, what would she tell the judge? ”

Corroborating, Senator Sabi Abdulahi representing Niger North argued that the Senate must intervene by putting stiffer penalties for perpetrators.

Deputy Senate President, Ovie Omo-Agege stated that there were enough rape laws, stating that the challenges were those of enforcement and implementation.

According to him, Court judges perhaps have too much discretion, saying that Senate should review these laws is geared towards tying their hands in a manner that they would be forced to pass judgement without deciding otherwise.

“Judges have too much discretion. Even governors too have prerogative of mercy where they visit prison yards and set inmates free. ”

In his contribution, Senator Chukwuka Utazi representing Enugu North Senatorial district called for psychiatric test on perpetrators of child abuse.

The lawmaker added that the school curriculum should also capture sex education from elementary level to higher institutions.

Adopting the motion, Senate President, Dr Ahmad Ibrahim Lawan upheld the prayers and also upholding the review of all relevant laws that would ensure capital punishment for offenders of child abuse.

Part of the payers sustained too was the training of the police and other security agents handling rape cases, while they also urged the public to serve as watchdogs against rape.

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Economy

Naira Makes More Recovery, Sells at N1,453/$1

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The Naira continued its appreciation at the official market on Thursday, March 21, 2024 to close at N1,453.28/$1, according to data from the Nigerian Autonomous Foreign Exchange Market (NAFEM).

This represents an appreciation of N39.33 when compared to the N1,492.61/$1 it closed on Wednesday, March 20, 2024.

The intraday high was N1,598/$1, while the intraday low was N1,300/$1, representing a wide spread of N298/$1.

Similarly, the Naira appreciated against the dollar at the parallel window to trade at N1,500/$1, this represents an appreciation of N20.00 as against the N1,520 /$1 it traded the previous day.

The Naira also appreciated slightly against the British Pound to trade at N2,000/£1 as against the previous trading day’s price of N2,020/£1 representing a gain of N20 for the local currency.

The Canadian dollar, however, closed flat against the naira to trade at N1,270/CA$1 same as the N1,270/CA$1 it traded the previous day representing a decline of N20 in the local currency.

The Naira gained N30 against the Euro to trade at N1,670/€1 as against the previous closing price of N1,700/€1.

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Economy

Naira Gains Against Dollar, Trades at N1,603/$1

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The Naira, Tuesday continued its recovery against the American dollar as it traded at N1,603.38/$1, data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) window has shown.

This represents a gain of N15.48 when compared to the N1,617.96/$1 it closed on, on Monday, March 11, 2024.

The intraday high was N1,637/$1, while the intraday low was N1,425.35/$1, representing a lean spread of N211.65/$1.

Meanwhile, the Naira gained N12 against the dollar at the parallel market as the local currency appreciated to N1,603/$1 as against the N1,615 /$1 it traded the previous day. As it stands, the naira is trading at the same rate at both official and parallel windows.

The Naira, however, slumped against the British Pound to trade at N2,050/£1 as against the previous trading day’s price of N2,030/£1 representing a loss of N20 for the local currency.

After about two weeks of closing flat against the Canadian dollar, the naira slumped massively to trade at N1,300/CA$1 on Tuesday, representing a decline of N150 when compared to the N1,150/CA$1 it traded the previous day.

The Naira lost N35 against the Euro to trade at N1,740/€1 as against the previous closing price of N1,705/€1 representing a loss of N35 for the local currency.

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Economy

Binance to Close Shop in Nigeria, Stops Transaction, Trading in Naira

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By Reuters – Binance will stop all transactions and trading in Nigeria’s local currency after March 8 amid a country-wide crackdown on crypto exchanges that have been blamed by authorities for feeding a black market for foreign exchange.

It will stop supporting withdrawals after Friday and any remaining balances in Nigerian Naira will be automatically converted into Tether – a stablecoin whose value is pegged to the U.S. dollar.

Last week, Nigerian authorities detained two Binance senior executives on undisclosed charges as part of the crackdown.

They were still in custody, their local lawyer said before a parliamentary committee on Monday.

Source: Reuters

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