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Biden makes surprise trip to Ukraine before invasion anniversary

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US President Joe Biden (L) and Ukrainian President Volodymyr Zelensky (R) attend a press conference in Kyiv on February 20, 2023. (Photo by Dimitar DILKOFF / AFP)

US President Joe Biden on Monday made a trip to Kyiv organised in strict secrecy, promising $500 million in fresh arms deliveries and “unwavering” American support ahead of the first anniversary of Russia’s invasion.

Air raid sirens rang out across the capital at one point as Biden walked alongside Ukrainian President Volodymyr Zelensky during what was the US president’s first visit to the country since Russian troops invaded on February 24, 2022.

“One year later, Kyiv stands. And Ukraine stands. Democracy stands,” Biden said, speaking alongside Zelensky at the Ukrainian president’s official residence, the Mariinsky Palace.

“I thought it was critical that there not be any doubt, none whatsoever, about US support for Ukraine in the war,” he continued.

Russian President Vladimir “Putin thought Ukraine was weak and the West was divided. He thought he could outlast us.”

“He’s just been plain wrong,” Biden said, adding: “Putin’s war of conquest is failing”.

The visit was organised in conditions of strict secrecy.

Biden left Andrews Air Force Base in the early hours of Sunday.

After handing over their devices, journalists were made aware of his presence on Air Force One just 15 minutes before the plane took off.

– Artillery, howitzers, Javelins –
The White House did not report how he eventually reached Ukraine but other foreign leaders have travelled to Kyiv by train from Poland.

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It was the first visit by a US president to Ukraine since 2008.

During the trip, Biden promised an additional $500 million (468 million euros) in arms deliveries for Ukraine, mentioning in particular artillery ammunition, howitzers and Javelin anti-tank missiles.

Ukraine is estimated to be burning through thousands more shells each month than the EU defence industry is currently able to produce.

The European Union is weighing up plans to try to speed up its production and delivery of much-needed ammunition to help Kyiv’s fight.

Zelensky said he and Biden also discussed the possibility of supplying “long range weapons” to Ukraine, a long-standing request from Kyiv that has been met with reticence in Washington where there is concern that they could be used to strike deep inside Russian territory.

Zelensky hailed the visit as a key sign of support.

“This conversation brings us closer to victory,” he said, calling the visit and the promise of additional US arms supplies “an unequivocal signal that Russian attempts to win will have no chance”.

After their talks, Biden and Zelensky visited St Michael’s Gold-Domed Cathedral, which has long been a symbol of Ukrainian resistance, and the air raid sirens were heard across the city as the two leaders left the church.

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– China lashes out –
Biden and Zelensky then walked over and together laid a wreath at the Wall of Remembrance for the fallen heroes of the Russian-Ukrainian war, as a military salute played, and the two presidents stared down in silence for a few moments.

Biden later visited the US embassy in Kyiv before leaving the capital, according to a White House pool report.

He is expected to arrive in Poland on Tuesday where he is due to give a major speech in Warsaw — hours after a state of the nation address by Putin in Moscow that will be largely about the conflict in Ukraine.

Biden’s visit came as Beijing lashed out against US claims that China was considering sending arms to Russia to assist in its war in Ukraine.

“It is the United States and not China that is endlessly shipping weapons to the battlefield,” China’s foreign ministry spokesman Wang Wenbin said when asked about the US claims.

“We urge the United States to earnestly reflect on its own actions, and do more to alleviate the situation, promote peace and dialogue, and stop shifting blame and spreading false information,” he told a regular briefing.

The EU’s foreign policy chief Josep Borrell also warned China against providing Russia with weapons for the war in Ukraine, saying: “for us, it would be a red line in our relationship.”

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According to the latest estimates from Norway, the conflict has wounded or killed 180,000 Russian soldiers and 100,000 Ukrainian troops.

Other Western sources estimate the war has caused 150,000 casualties on each side.

 

 

 

 

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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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