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Buhari, May, Macron, others mourn Kofi Annan

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World leaders continue to pour encomiums on perhaps Africa’s foremost diplomat, a former United Nations (UN) Secretary-General, Kofi Annan who died Saturday in Switzerland at 80 years.

His organisation, the Kofi Annan Foundation, announced his death after a short illness, saying he was surrounded in his last days by his second wife Nane and children Ama, Kojo and Nina. Annan was first married to a Nigerian, Titi Alakija, in 1965. They separated in the late 1970s and divorced in 1983.

He was the first UN scribe from sub-Sahara Africa. His two terms tenure started on 1 January 1997 and ended in December 2006. The Ghanaian took over the mantle of the world organization from Egyptian Boutros Boutros-Ghali.

President Muhammadu Buhari commiserated with the government and people of Ghana over Annan’s death.

President Buhari, who called Ghanaian President Nana Akufo-Addo from London, said all Nigerians and ECOWAS member countries share in the deep loss, considering the strategic influence of the former scribe in global affairs and his vision for the repositioning of the West Coast and Africa.

As the first elected staff of the United Nations to lead the world organisation and first African to win the 2001 Nobel Peace Prize jointly with the United Nations, the President noted that Annan’s humility, nobility and love for humanity set him apart for global greatness, achieving recognition and commendation for the reform of the United Nations’ bureaucracy and multiple interventions to bring peace to the world.

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Buhari in a statement by his Special Adviser on Media and Publicity, Femi Adesina, said Annan’s origin and home will always be traced to Ghana, but his exceptional leadership roles, humanitarian spirit and contributions to global peace and development will remain indelible in the history of the entire world, especially the efforts to combat HIV/AIDS in Africa and launch of the UN Global Compact.

Buhari sent condolences to the wife of the diplomat, Nane Maria Annan and his family members, staff of the United Nations and the global organisations he was heading, like The Elders, which was founded by the late Nelson Mandela.

United Kingdom Prime Minister, Theresa May took to Twitter, saying: “Sad to hear of the death of Kofi Annan. A great leader and reformer of the UN, he made a huge contribution to making the world he has left a better place than the one he was born into. My thoughts and condolences are with his family.”

French President Emmanuel Macron also tweeted that “Kofi Annan, former UN secretary-General and Nobel Peace Prize, left this world overnight. France pays homage to him. We will never forget his calm and resolved gaze nor the strength of his fights.”

The Ghanaian President Nana Akufo-Addo in a tweet ordered flags flown at half-mast across the country and in diplomatic missions across the world for seven days, starting on Monday, August 20.

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According to him, Annan was a consummate international diplomat and highly respected former Secretary-General of the United Nations “who brought considerable renown to our country by this position and through his conduct and comportment in the global arena. He was an ardent believer in the capacity of the Ghanaian to chart his or her own course onto the path of progress and prosperity.”

Incumbent UN Secretary-General António Guterres described Annan as “a proud son of Africa.” In a statement on the UN website, Guterres also said “Like so many, I was proud to call Kofi Annan a good friend and mentor. I was deeply honoured by his trust in selecting me to serve as UN High Commissioner for Refugees under his leadership.”

South Africa’s President Cyril Ramaphosa in a tweet described Annan as “a great leader and diplomat extraordinaire” who had advanced the African agenda within the United Nations and had “flown the flag for peace” around the world.

The Togolese leader Faure Gnassingbe said “The death of the former Secretary-General of the UN Kofi Annan plunges us all into sadness. This worthy son of Africa was a valiant representative of our continent.”

The Indian Prime Minister Narendra Modi noted that “the world has lost not only a great African diplomat and humanitarian but also a conscience keeper of international peace and security.”

Born in Kumasi, Annan joined the UN in 1962, working for the World Health Organization’s Geneva office. He went on to work in several capacities at the UN headquarters including serving as the Under-Secretary-General for peacekeeping between March 1992 and December 1996.

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As the Secretary-General, Annan reformed the UN bureaucracy; worked to combat HIV, especially in Africa and launched the UN Global Compact. He has been criticized for not expanding the Security Council and faced calls for resignation after an investigation into the Oil-for-Food Programme. (With agency reports)

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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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