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Atiku not a saint – Obasanjo

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Former president, Olusegun Obasanjo, has said his ex-Vice President, Atiku Abubakar, was not a saint but would make a better leader than incumbent President Muhammadu Buhari.

In an interview with BBC Pidgin, published on Tuesday, the former president further slammed President Buhari, saying he was undeserving of re-election.

Obasanjo had accused Atiku of being corrupt. However, the former president has since gone back on his word and publicly endorsed Atiku’s candidacy.

When asked during the interview why he forgave Atiku, Obasanjo said his former deputy expressed remorse over his past actions and asked for his forgiveness.

Speaking further, he said even though Atiku is not a saint, he would do better as Nigeria’s president than the man who currently steers the nation’s affairs.

He said Buhari’s performance during his first term in office has shown that he cannot be trusted with a second term.

He said, “Atiku is not a messiah, he’s not a saint; and fortunately, he’s not claimed to be. He’s not claimed a fake sanctimoniousness. He came here, acknowledged and showed remorse.

“He acknowledged his past misdeed and showed remorse and all the things I’ve said about him still remains. I said them and nobody has come to controvert them but I am a believer and a Christian as such, and the teaching of God in my own religion is forgive so that you can be forgiven.

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“The choice that we have for the immediate Nigerian situation today is between the candidate of APC and PDP.

“From what I know of Buhari and what he has done and shown – his utter incompetence, nepotism and condonation of evil and misconduct, including corruption, the weakness of the body, mind and totality of Buhari compared with Atiku, I believe Atiku will perform two times better than Buhari.”

Obasanjo also poured scorn on the anti-corruption campaign of the Buhari administration, noting that it’s more about propaganda than actual honest work by anti-graft agencies which he said are being used to hunt down political opponents and critics.”

“You can steal the whole of Nigeria, and if you belong to APC, you’re safe; but you can steal N10, if you criticise Buhari and his government, even when you stole that N10 15 years ago, they’ll come and ask for the N10.

“All these institutions that are meant for the running of good governance, of making Nigeria wholesome, are being abused and misused just to perpetuate Buhari in government. That cannot be the way to go,” he said.

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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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