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BREAKING: Buhari finally reacts to Obasanjo’s attack [Full text]

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President Muhammadu Buhari, Sunday night lambasted former President Olusegun Obasanjo for attacking and his government.

Obasanjo has compared the All Progressives Congress (APC) administration to that of the Abacha era.

Reacting, presidential spokesman, Garba Shehu, in a statement said: “The sixteen-page letter the former President, Chief Olusegun Obasanjo, wrote to President Muhammadu Buhari and released this afternoon is the last push by desperate politicians who can’t handle the President politically and have resorted to subterfuge.

Our first message to the former President is that he needs a good doctor for good treatment and to say to him, “Get well soon.”

As repeatedly said of him, since Chief Obasanjo left office in 1979, he never let every succeeding leader of the country function freely, and this included the one he personally handpicked against all known rules drawn up by the party that put him in the office of the President. But Chief Obasanjo is jealous because President Buhari has more esteem than him and the sooner he learns to respect him the better.

It is a notorious fact that in dealing with any leader that he failed to control, he resorted to these puerile attacks. As the grand patron, more correctly the grandfather of corruption as described by the National Assembly, Chief Obasanjo released today’s letter purely for the reason of rescuing his thriving corruption establishment.

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The elections starting in February will be free and fair as promised the nation and the international community by President Buhari.

What Chief Obasanjo and his co-travelers in the PDP should expect is that from the outcome, we will teach them a political lesson that they will never forget. This margin will be much bigger than we had in 2015.

Claims that President Buhari and the All Progressives Congress (APC) have embarked on the president’s “self- succession project, by recruiting collation officers who are already awarding results based on their projects to actualise the perpetuation agenda, in which the people will not matter and the votes will not count” is not only utterly false, but a copious note from the book on the failed third term agenda of President Obasanjo.

The man, President Buhari who has taken Nigeria’s reputation to a higher level internationally and is working hard to improve on the records of elections he found in place cannot descend to the level that Obasanjo has himself sunk.

As for his attacks of the administration’s records in fighting corruption, what the former President said is no more than evidence that President Buhari’s war against corruption is succeeding. They thought it is all a joke.

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A leader who took USD 16 billion “upfront” to supply electric power yet failed to add a single megawatt to the national grid and to date, there is no trace of the money is jittery that he will be called to account. He is a coward.

Chief Obasanjo, manifesting a confused state of mind blames President Buhari for the fall of Libya into a failed state and the unholy alliance between the Boko Haram terrorists and the ISIS, while at the same time calling it an African problem, saying “the struggle must be for all West African, Central African, North African and most East African States,” which really does not amount to saying anything new.

Nigerians looked up to him as a role model and a ray of hope to ethical and clean leadership until President Yar’Adua called him out to explain what happened to the sixteen billion dollars of taxpayer’s money. It is clear that with him sitting on top of the heap of corruption, he is no different from the crowd he leads.

This language of his 16-page letter, likening President Buhari to General Sani Abacha, a man he dreaded and the one who jailed him under military laws is most unfitting from a former President of Nigeria.

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The claim that President Buhari has put in place rigging machinery is both outlandish and outrageous. We are unable to get the words to describe a 90-year old liar, except to say that by the publication of this tissue of lies against the President, he Obasanjo, not the President will fall from everyone’s esteem.”

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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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