Realist • Entrepreneur • Network Marketing Pro • Truth Seeker
Kaduna, Nigeria
Joined March 2012
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Beeti Snow retweeted
Binance has begun recovering affected assets for users and continues to work with law enforcement, issuers, blockchain intelligence firms and industry partners to trace, freeze and recover additional funds.
The company has already publicly committed to cover losses through company funds in the prior announcement.
Binance has already reserved over $6.34B of company funds to cover this incident. $5B of these funds are already held in the exact token assets that were impacted. We are completing the purchase of the remaining amount by buying token assets through market channels and OTC channels. We are doing this to match the format of the remaining token assets and address any asset shortfalls. This step can take longer because some tokens may have low liquidity and OTC settlement also takes time. We will share more progress as soon as we can.
These figures do not include frozen or protected assets, which remain subject to ongoing recovery and verification. Currently, $3bn has been frozen, with thanks to our industry partners. We are working with partners and law enforcement to recover the frozen assets.We will continue to use company resources to cover confirmed shortfall and will provide further verified updates as recovery efforts progress. Ultimately, all user funds will be verified publicly through our Proof of Reserves.
We will weather this storm. Thank you for the support.
Beeti Snow retweeted
No crypto wallet is 100% safe.
No software is bug free.
No tech is 100% secure.
There are risks in everything you do.
There are risks if you don't do anything.
There will be issues, setbacks and problems to solve.
Stay up-to-date. Manage risks. Solve problems.
Beeti Snow retweeted
Two Governors
Two States
Two very different fiscal stories,
He did it in Lagos, he is doing it in Nigeria.
It will take time, but you can bank on it!
#RenewedHope2.0
#PBATImpacts
Beeti Snow retweeted
I welcome the commencement of construction of the $12 million Abuja Centre for Entrepreneurship, being developed at the SMEDAN Industrial Development Centre in Idu, Abuja, with support from the Republic of Korea through KOICA @KorEmbNigeria and in partnership with SMEDAN @SMEDANGov and UNDP @UNDPNigeria.
The Centre will support the wider MSME ecosystem by providing workspaces, digital infrastructure, training, incubation and business support for entrepreneurs, start-ups and growing businesses.
It will begin with 500 aspiring entrepreneurs, 400 start-ups and 1,500 MSMEs.
President Tinubu, on your mandate I stand. May you be victorious in the coming election. May the God you serve watch over you, give you good health and wisdom to lead and make Nigeria great, so every Nigerian will feel the impact of a great and prosperous Nigeria. Iséé🙏
Beeti Snow retweeted
The Dangote Refinery share, which is ₦525 per share now, will reach ₦10,000 per share. Your ₦5 million investment now will become over ₦50 million.
- Aliko Dangote
“Those small investors who want to buy with ₦50,000 or ₦100,000 will get approval first, then the rest will share.
“The share now is ₦525. This share will one day become ₦10,000. So if you buy and it becomes ₦10,000, and you put in ₦5 million, it becomes ₦50 million plus. You have become rich, and there is no need to sell. You don’t have to fear devaluation. You can choose dividend in naira or in dollars.”
- Aliko Dangote, in an interview with Abis Fulani
He's not jagaban for nothing. All hail the President and greatest Nigerian politician alive. May your reign extend beyond 2031.
Vote Tinubu Shettima 2027.👍
As young man still finding his feet, the best strategy to scale up in life faster is to avoid poor women. Don't love, don't care & don't have sex with poor women.
Beeti Snow retweeted
PHCN could not run the assets and owed nothing. Today, private owners cannot run the assets and the nation is buried in liabilities. The GenCos say they are owed over ₦7 trillion. Your Government has had to approve a ₦4 trillion bond programme to clean up the mess. Roughly ₦10 trillion of public money has gone into this sector in thirteen years and the lights are still off.
The process was not imperfect. It was a monumental catastrophe. Let us stop debating a corpse.
To the DisCos, let me be direct.
As of February this year, 5.1 million of Nigeria’s 12.31 million active electricity customers were still unmetered. Forty-one per cent. Yola meters 31.86 per cent of its customers. Jos, 34.04. Kano, 35.37. Kaduna, 35.59. Ibadan, with the largest customer base in the country, has left nearly half of 2.48 million customers without a meter.
And yet between January and April, the DisCos collected ₦801.16 billion.
Let us be honest about what that is. A meter is a machine that tells the truth. An estimated bill is a machine that does not. An industry that cannot generate power has discovered it can still generate revenue by billing darkness. That is not a business model. That is a levy on a suffering people, and it is enforced with the coercive power of a monopoly the state granted them.
To the GenCos: you are owed. That is true and I will not pretend otherwise. But you contracted into a market you knew was insolvent, and you have spent a decade lobbying for tariffs and bailouts rather than capital. You cannot be a private company on the day the tariff rises and a public charity on the day the invoice falls due.
Now let me tell you what will actually work.
Your Excellency, the answer is not another minister, another summit, another Siemens phase. The answer is to stop trying to power 240 million people from one wire.
Every village, every estate, every community in Nigeria should have its own PHCN.
Here is the model, and it is not theory.
Beeti Snow retweeted
🚨 Two years ago, I was detained in Paris by police for 3 days — the longest they can hold someone before charging them.
In an unprecedented move, French authorities accused the head of a major platform of crimes committed by its users.
That investigation is still ongoing, although it makes less sense with each passing year.
Why?
Because we now have extensive evidence that Telegram was neither worse than other popular platforms at moderation, nor the worst at cooperating with authorities.
So why was Telegram singled out?
Over the last two years, we have seen a pattern emerge in multiple countries: Telegram is quietly asked to grant political favors — such as illegal censorship or surveillance. When we refuse, local media and “non-governmental” organizations launch orchestrated campaigns portraying Telegram as a cesspool of crime, from child pornography to terrorism.
Our moderation is no worse than that of other major platforms. Yet these campaigns instill the idea that Telegram should be persecuted or restricted.
Suddenly, officials start caring about crime and protecting children — but only on platforms that reject their secret political demands. Platforms that accept such deals get away with almost anything — including literally selling ads promoting child pornography.
Is the French investigation against me political? It certainly fits the pattern we see elsewhere, mostly in authoritarian countries. And it definitely raises questions.
In time, this investigation may itself be investigated — especially now that Macron’s war against free speech is facing pushback. This month, France’s Constitutional Council struck down his social media ban for children under 15 on freedom-of-expression grounds.
In the end, freedom and truth will prevail ✊
Beeti Snow retweeted
LATEST: 🇳🇬 Nigeria's Revenue Service now requires crypto platforms to withhold 1% on disposals and 10% on staking, mining, airdrops and DeFi.
