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Ajimobi to sacked LG chairmen: You have legitimacy on your side

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Former Governor of Oyo State, Senator Abiola Ajimobi on Sunday assured the sacked Council bosses in the 33 Local Government Areas and 35 local council development areas that they have legitimacy on their side as due process was followed in the exercise that ushered them into office.

Apparently assuring the council bosses that the process that brought them to power followed all known legal tenets, Ajimobi said, although some may think he is not doing anything about the case in hand, he said he is doing whatever it is in silence, saying silence is golden.

The ex-governor stated this at the Ibadan Civic Centre, Idi Ape, Ibadan, venue of a thanksgiving and prayer assembly held in his honour by the Basorun of Ibadanland, Chief Kola Daisi.

The event which attracted crème-de-la-crème within and outside Ibadan was also attended by religious leaders, traditional rulers, business mogul, community leaders, the APC governorship candidate at the last election, Mr Bayo Adelabu, APC state executives led by the Chairman, Chief Akin Oke, party members, Ajimobi’s former commissioners, aides and political associates among others.

Governor Seyi Makinde had upon his inauguration sacked all the chairmen of all the local governments faulting the processes that brought them to office.

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The sack came despite an initial court judgment gotten by the umbrella body of the council bosses stopping the government of the day or the house of assembly from sacking the elected council bosses.

But the council bosses have also remained resolute challenging Makinde’s directive and insisting that they remained the authentic elected council bosses.

Ajimobi said “Many of you are saying I am not saying or doing anything about what is going on. I am doing something about it but just that I don’t want to …., there are times that silence is golden and this time that we are, I think it is better to be silent.

“But I pray that God will make you victorious. And you are on the right track. The law is on your side.”

The remarks attracted the applause and ovation of the guest.

It is the first time the governor is making any public appearance since the People’s Democratic Party (PDP) government was inaugurated in the state on May 29.

The ex-governor who said the event was just an opportunity for him to thank all those who played one role or the other in his eight years rule in the state, also prayed that the Makinde government sail through safely, noting that “it is good to make promises but when reality done on you, you will know that it is not easy”

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Earlier in his remarks, the host of the event, Chief Kola Daisi said he had the option to call the “get together anyone of these several names: ‘celebrations’, ‘reception’, ‘grand party’, etc, but because it is conceived primarily as an occasion for thanking God for his love and mercies, I decide to give it a touch of the religious so that those who reflect upon the occasion in the future will appreciate how deeply we believe in the overwhelming influence of the Almighty in our daily lives.”

The business magnate gave four reasons for the event saying, it is to offer prayers for the repose of the soul of his first wife late Alhaja Sherifat Kola-Daisi and his god-son, Aare Arisekola Alao; offers prayer for Oyo state and Nigeria as a whole; offer prayers and thanksgiving for Ajimobi and his wife, Florence as well as for the complete success of Ajimobi’s successor, Governor Makinde.

In their separate remarks, some of the dignitaries who spoke, including Prof Oladipupo Akinkugbe, Chief Folake Solanke, Chief Bayo Oyero (former President General of CCII) and Vice Chancellor, University of Ibadan, Prof Idowu Olayinka lauded Governor Ajimobi for his exemplary leadership and service to the people and the state, noting that his eight years reign had indeed transformed the state in the comity of states in the country.

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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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