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Adelabu is a bad market, his grandfather was against Awolowo’s education policy, group tells Ajimobi

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A socio-political group, under the aegis of Itesiwaju-Oyo Coalition rooting for the emergence of the African Democratic Congress, (ADC) governorship candidate, Sen. Olufemi Lanlehin, on Sunday attacked Governor Abiola Ajimobi of Oyo state over a statement credited to him that those contesting against the All Progressives Congress, APC, Oloye Adebayo Adelabu, from Ibadan are people who don’t have traceable family history and those who corruptly enriched themselves.

But, the group in a statement issued by its spokesperson, Mr Bolarinwa Aliu, a copy obtained by Mega Icon Magazine said the governor is suffering from what it called mouth diarrhea.

The group emphasized that Lanlehin is someone whose family history is well known, even beyond Ibadan, his hometown.

According to the group, “though we wouldn’t have loved to join Issue with outgoing Governor Abiola Ajimobi because in the recent tirade is not unknown to those of us in the political circle. However, we will like to educate Ajimobi on how not derail politically.

“The governor’s vituperation, to us, is a failed attempt to sell the candidacy of Adelabu to the unsuspecting members of the public. The Adelabu that we know cannot be packaged in a positive ways to the public. Rather than tell the whole world what the ruling party has done to better the lot of the people of the state in close to 8 years, the governor was running his mouth, an act which is unbecoming of someone leaving office after two terms in office.

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“While Lanlehin’s father, late Chief Samuel Owoola Lanlehin, was a distinguished Nigerian and a close ally of the late sage, Chief Obafemi Awolowo, during his lifetime, Adelabu’s grandfather, the late Alhaji Adegoke Adelabu, on whose ‘records’ Adelabu hinges his campaign, was everything retrogressive.

“Apart from Africa in Ebullition, we doubt if the young Adelabu and his principal, Ajimobi, have read books written by people about the late Penkelemesi. Despite his brilliance in school, the late Penkelemesi, for selfish political reasons, was against late Awolowo’s free education policy, especially in Ibadan. He mobilized Ibadan people against Awolowo.

“We wonder how a shameless Ajimobi will go further to say that those who are contesting with Adelabu corruptly enriched themselves. We wouldn’t want to say the governor doesn’t think before he talks because of the exalted position he holds.

The Adelabu he promotes is someone who made all his wealth through public service. This is someone who despite the civil service rules, flaunts wealth without caution. In a saner democracy, we know what would have happened,” the statement stressed.

The group further advised Governor Ajimobi to start perfecting his papers as “numerous petitions which bother on alleged financial recklessless await him at the anti-graft coming commissions.”

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Senate Approves Tinubu’s $500m Loan for Power Sector Boost

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The Nigerian Senate has approved President Bola Tinubu’s $500 million loan request intended to bolster the operations of the Bureau of Public Enterprises (BPE) to enhance the financial and technical performance of electricity distribution companies, ultimately benefiting citizens.

The endorsement, announced on Tuesday, follows a thorough examination of the report presented by Senator Aliyu Wamakko, who heads the Senate Committee on Local and Foreign Debts overseeing the 2022 – 2024 External Borrowing (Rolling) Plan specifically for the Bureau of Public Enterprises (BPE).

During the presentation of the report, Senator Haruna Manu, serving as the Vice Chairman of the Committee, emphasised the importance for the Senate to duly receive and deliberate upon the report of the Committee on Local and Foreign Debts concerning the 2022 – 2024 External Borrowing (Rolling) Plan for the Bureau of Public Enterprises (BPE).

The $500 million loan constitutes a portion of the $7.94 billion loan originally requested by President Bola Tinubu on November 1st, 2023, within the framework of the 2022-2024 external borrowing plan. In addition to the $500 million, President Tinubu also sought approval for a €100 million loan.

However, during a special plenary session on December 30, the Senate greenlit the borrowing of $7.4 billion after careful consideration of the report furnished by the Committee on Local and Foreign Debt.

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Melinda Gates Resigns from Gates Foundation, Set to Receive $12.5 Billion

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In this file photo taken on September 26, 2018, Bill Gates and his ex-wife, Melinda Gates, introduce the goalkeepers event at the Lincoln Center in New York. Ludovic MARIN / AFP

Melinda French Gates announced Monday she was leaving the philanthropy mega foundation she established with her ex-husband, Microsoft co-founder Bill Gates.

The resignation, which becomes effective on June 7, will leave Bill Gates as the sole chair of one of the world’s most influential and powerful non-governmental organizations.

“After careful thought and reflection, I have decided to resign from my role as co-chair of the Bill & Melinda Gates Foundation,” Melinda French Gates wrote in a statement posted on social media.

The statement gave no reason for her departure, but noted that “under the terms of my agreement with Bill, in leaving the foundation, I will have an additional $12.5 billion to commit to my work on behalf of women and families.”

The couple married in 1994 but announced their divorce in 2021.

They had continued to co-chair the foundation which they established in 2001 with the vast wealth acquired through the success of Microsoft.

With a focus on child poverty and preventable diseases, the foundation has been heavily involved in fighting malaria and in providing toilets and sanitation in poorer parts of the world.

The foundation’s website says it has spent $53.8 billion since 2000, and claims the number of children around the world who die before their fifth birthday has halved in this time.

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Bill Gates thanked his ex-wife for her “critical contributions” to the organization.

“As a co-founder and co-chair Melinda has been instrumental in shaping our strategies and initiatives, significantly impacting global health and gender equality,” he said.

“I am sorry to see Melinda leave, but I am sure she will have a huge impact in her future philanthropic work.”

The organization’s chief executive, Mark Suzman, said its name would change to simply the Gates Foundation — it has been known as The Bill & Melinda Gates Foundation.

“I truly admire Melinda, and the critical role she has played in starting the foundation and in setting our values, she has played an essential role in all that we’ve accomplished over the past 24 years,” he said in a video posted to social media.

“I will miss working with her and learning from her. I look forward to seeing her continued impact.”

 

 

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EFCC calls on banks’ compliance officers to uphold confidentiality

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The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has urged Compliance Officers of Banks nationwide to refrain from unauthorised disclosure of EFCC’s investigative activities and requests made to banks’ customers.

Speaking through the Acting Zonal Director of the Ibadan Zonal Command of the EFCC, ACE I Hauwa Garba Ringim, during a stakeholders’ meeting with Compliance Officers of Banks in Oyo State on Tuesday, Olukoyede emphasised the detrimental impact such disclosures have on the investigation of financial crimes and the timely filing of corruption cases in court.

Olukoyede expressed concern over the tacit support fraudsters receive from the Nigerian banking sector, highlighting the challenges it poses to the Commission.

He urged Compliance Officers to promptly respond to EFCC’s correspondence with certified true copies of relevant documents, as this facilitates swift investigation processes.

Also, Olukoyede addressed the illegal trading of naira with Point-of-sale (POS) operators, stressing the need to curtail such practices for the benefit of Nigerians.

In response to the chairman’s directives, Compliance Officers assured the EFCC of their unwavering support and commitment to enhancing collaboration between the Commission and banks for more effective anti-corruption efforts.

 

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