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Haider Jamal

Oct 30, 2024

President Biden Calls Nigerian PM To Secure Binance Executive Release

On Tuesday, President Bola Tinubu engaged in a significant phone conversation with the U.S. President Joe Biden, covering a range of important topics. One of the key issues discussed was the release of Tigran Gambaryan, who holds the position of Head of Finance Crime Compliance at Binance, a major cryptocurrency exchange.

 

An Important Discussion

Ambassador Yusuf Tuggar, the Nigerian Minister of Foreign Affairs, provided details about the call during a briefing with reporters at the State House in Abuja. He noted that the conversation took place around 04:00 PM Nigerian time and lasted for roughly 30 minutes, highlighting the seriousness and depth of the discussions.

In addition to the release of Gambaryan, the two leaders addressed the matter of permanent seats on the United Nations Security Council. Tuggar emphasized that Biden reassured Tinubu of the strong commitment by the U.S. toward supporting Africa in its quest for a permanent seat on the Council, recognizing the growing influence and importance of the continent in global affairs.

 

Collaboration Is Key

Tuggar further explained that the dialogue also centered on enhancing collaboration between the two countries in the realm of law enforcement. This includes discussions on the cooperation between law enforcement agencies and strategies to combat financial crimes, particularly in the context of cryptocurrency regulation.

President Tinubu expressed his gratitude to the U.S. for its ongoing partnership in various security initiatives, not just in Nigeria but across the broader West African region. This acknowledgment reflects the mutual recognition of the challenges both nations face and the need for collaborative efforts to address them.

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