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COPE Africa Honours Oyo Ex -Commissioner, Olowofela With SGB Icon Award

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THE immediate past commissioner for Education, Science, and Technology in Oyo state, Professor Adeniyi Olowofela has been recognised and honoured by the Centre for Organizational And Professional Ethnics (COPE-AFRICA) with SGB Icon award.

Speaking at the award ceremony on Monday which was held at the Lekan Are Hall, Government College Ibadan, the Chairman, COPE AFRICA, a UNDP consultant, Dr Adeyeye Adewole informed that the Centre deemed it fit to honour Olowofela due to his creative ideas, passion for development, innovative solutions to recurring problems in secondary sub-sector which led to the School Governing Board (SGB) initiative.

The Associate Professor, Adeyeye said from the onset the School Governing Boards (SGBs) initiative was one of the best thing that has happened to Oyo state in recent time. According to him, “every secondary schools across Oyo state is now being piloted by a governing council that work assiduously to enhance quality of administration; institute better policy directions; push for innovative practices and adopt creative solutions to specific problems and more importantly attract massive infrastructure and growth.

“In 2018 alone, the monetary worth of the quantum of infrastructure and other resources have been injected into Oyo State Secondary School system through the ingenuity of SGB is over N2billion. Many Schools are now experiencing phenomenal growth and infrastructure transformation through creative approach propelled outside the regular and mostly inadequate government provisions. On this special note, we commend the Oyo State School Governing Boards (SGBs) for this towering feat. We also commend the Chairmen and respected members of School Governing Boards (SGBs) across Oyo State for commitment in their services to humanity as well as implementation of legacy projects that has helped to reposition secondary education sub -sector for the benefits of unborn generation”, he added.

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The COPE AFRICA chair further appreciated the Abiola Ajimobi led administration for this initiative ” that  has become the toast of many states across Nigeria”.

In his remarks, Professor Adeniyi Olowofela, while expressing gratitude to Governor Ajimobi for the opportunity given to serve explained, “when we started the School Governing Board (SGB) system, we have to do advocacy. We moved throughout the entire education zone in the state to do training upon training for people and we thank God that today the School Governing Board (SGB) system is well understood. And as a dynamic system, definitely there will be improvement, so as you are moving forward using the template of the manual, we belief strongly that we will ultimately reach the peak as far as the best practices in education are concerned.

” I also want to congratulate you because Development Agenda for Western Nigeria (DAWN Commission), look at the School Governing Board system and they have adopted it as a policy for the entire Southwest of Nigeria. When they told me that they will be giving me award as ICON for School Governing Board, to me this is a collective award, its not a token of recognition of your efforts, especially all the members of the School Governing Board that are not taking one kobo for their service.

“But I know that it gladdens their hearts that they are contributing immensely to education in the state and it has also afforded them the opportunity to change the paradigm in the state. It is easy to criticize, it is even easy to condemn government, but what are your contributions to make sure that Nigeria and Oyo state change from what it used to be to where we are supposed to be? So, I thank you for your support, especially when it is selfless.

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” Let me also say that we have to commend the secretaries of the School Governing Board, those that are the principals of the schools. They are the ones that are there every now and then to know the problems facing a particular school system and we know that they have been judiciously and wisely spending the funds in conjunction with the members of the board, money accrue or accruable to the school either through education development levy or by some direct supports from old students or community at large in moving education forward in the state.

“It also gladdens my heart that the intervention fund of SUBEB; as at the last time we had it was 2012 but as at today, Oyo State Government has been able to access, even up to 2018. The simple implication is that this will also affect our primary education positively. When you also see that the statistics and the job done by the Ministry of Education and all education stakeholders led to the fact that the discovery of out of school children in the state.

“Based on the policy paper written by these gentlemen in various ministries, Oyo State Government has secured the sum of $500m to tackle the issue of out of school children in the next five years. This is a project that will outlived this government and that’s how a good government must think, you must think beyond immediate, you must think about the future.

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“Essentially this project is inter ministerial in approach, it may be resident in the ministry of education, but everybody must participate in it because each child counts as far as education is concern.

“When you want to destroy a nation, destroy the education of that nation and when you want to build a nation build the education of that nation”, Olowofela continued.

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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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