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The Lagos State chapter of the All Progressives Congress APC has criticised a recent newspaper column by Lasisi Olagunju, describing it as performative outrage and a reflection of opposition frustration rather than rigorous political analysis.In a statement, the party yeezy said Olagunjus arguments relied on exaggerated analogies and selective interpretations that failed to reflect Nigerias current political realities, insisting that routine state protocol鈥攕uch as officials receiving the President after official trips鈥攕hould not be portrayed as evidence of an imperial presidency. The APC argued that criticism of President Bola Ahmed Tinubu stemmed from the oppo stanley cups uk sitions inability to secure electoral victory, adding that attempts to challenge his mandate through commentary could not replace democratic processes affirmed by voters and the courts.Defending the Presidents record, the party said Tinubus political career had been defined by resistance to authoritarianism, institutional strengthening and democratic expansion, citing Lagos States governance model as evidence of susta stanley quencher ined electoral competition, judicial independence and strong institutions.It also rejected suggestions that the legislature and judiciary had been undermined, describing such claims as unfair to the institutions and professionals serving within them, and stressing that disagreement with political outcomes did not amount to democratic collapse. ADVERTISEMENT The APC further a Iitn Nigeria s school feeding programme will be the largest in Africa 8211; Osinbajo
Tuesday 27 June 2023 3:41 pm|Updated:Tuesday 27 June 2023 4:22 pmPayments watchdog wants open banking to lsquo;inject more competitionrsquo; into card marketBy: Chris DorrellShareFacebookShare on FacebookXShare yeezy canada on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleThe UKrsquo payments regulator today argued that the card market did not have ldquo ufficient competition, but sugg hydro flask canada ested progress on open banking could open it up to a wave of innovation.Chris Hemsley, managing director of the Payment Systems Regulator PSR , said the watchdog was looking to find ways of injecting more competition into this market at a more structural level.The PSR is currently conducting two major reviews of card systems looking at scheme and processing fees, and cross-border interchange fees amid concerns that they are acting anti-competitively.The review focuses on Visa and Mastercard, which both control the UK market. Hemsley said, however, that open banking could unlock the market owala to greater competition. We think the combination of open banking, in particular, and the renewal of existing infrastructure for account-to-account payments has the potential to open a different way of taking payments, which will inject more rivalry and hopefully enforce more cost and quality pressure, he said, speaking in front of the Treasury Select Committee. Over the longer term this is the route to giving |
