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Adeolu Akande expresses worry over rising insecurity in Oyo

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Chairman of the Nigerian Communication Commission, (NCC), Prof. Adeolu Akande, Sunday, raised alarmed over the rising insecurity in Oyo state, urging Governor Seyi Makinde to convene a stakeholders’ meeting to address the challenges.

Prof. Akande, also noted that kidnapping, armed robbery, gang war, thuggery and other social vices which had become alien to the state since 2011 are now the order of the day.

According to the University Don, “I am disturbed by the events of the past few weeks in Oyo State. While Ibarapaland, which used to be very peaceful, has become a haven for kidnappers to operate and assassins to kill, gang wars have not been abated in Ibadan and Oyo. In Okeogun and Ogbomoso, the stories are not different. It is now one day, many crimes.

“Like I said in my Christmas message to the people of our dear state, insecurity has assumed an alarming rate. It is neither time to blame anybody or fold our arms because of our political leanings and watch things degenerate. There is no doubt that Governor Seyi Makinde needs help and we have got to support him with whatever we have”, he added.

While asking Governor Makinde who has been holidaying in Houston Texas, United States of America to return to the country immediately, the APC chieftain, also urged all indigenes, irrespective of their political leanings, to identify with the governor at this critical time.

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He continued, “In the present situation we have found ourselves, nothing can thrive and the state, especially its residents are bound to be at the receiving end. When there is insecurity, job owners flee and this will lead to job loss and dwindling IGR. This will lead to more insecurity as many jobless individuals may consider kidnapping and other vices lucrative to survive.

“Yes, Governor Makinde has purchased vehicles and distributed to various security outfits across the state. It is beyond that. They need equipment, they need motivation from both government and the governed, they need training and retraining and more. It is sad that despite the fact that our governor has more than five former police commissioners as advisers, insecurity is rearing its ugly head. I am sure Governor Makinde has not made good use of our friend and former Lagos police commissioner, Mr. Fatai Owoseni, a super cop who led the flushing of the dreaded Badoo boys in Lagos.

“To those of us in the opposition, it is time we dropped our political toga and offer advise to the incumbent administration. Let’s deploy our network of connection to assist the administration as we don’t have any other place to call our state other than Oyo State. Governor Seyi Makinde should, as a matter of fact, be receptive to advise and assistance. Anything that is done to tame this insecurity will be to his credit. Nobody is competing with him as it is not yet election time.

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“Governor Seyi Makinde should cut short his vacation to the United States and return home. It is high time we convened a security meeting involving representatives of all of us- farmers, youths, students, community leaders, security agencies, political parties, business owners, monarchs and others. Some of us would be willing to offer advise and strategies and as well deploy our network so as to return our state to what it used to be.

“Government should also be committed to creating gainful employment and conducive environment for job creators to operate. By creating jobs, insecurity would be tamed. Unemployment is one of the reasons insecurity has not reduced,” Akande concluded.

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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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