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Dangote feeds 30,000 IDPs in Zamfara

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In yet another massive intervention, the Aliko Dangote Foundation Monday officially launched a major philanthropic programme in Zamfara State, doling out food items running into several millions of naira to support victims of insurgency.

The farmers-herders clash and sporadic attacks by cattle rustlers have displaced thousands, many of whom are currently seeking refuge at Maradun Local Government Area of the State.

According to official reports over 3,000 people have been killed, about 100,000 displaced, of which about 30,000 are in Maradun LG, and over 500 people kidnapped.

Group Executive Director Government Relations and Strategic Relations Mansur Ahmed who presented the food items on behalf of the Group President Aliko Dangote said the Foundation was supporting the government and traditional leaders in meeting the needs of the IDPs.

Only recently Mr. Dangote was rated world’s 6th largest donors, and Africa’s richest person for almost a decade. His Aliko Dangote Foundation has been endowed with a staggering $1.25billion. He was also listed by Forbes Magazine among the 75 people that make the world turn.

Dangote Foundation had also injected over N7billion to create soccour in North East in the wake of the Boko Haram insurgency.

Mr. Ahmed, an Engineer, said Mr. Dangote was very disturbed about the plight of the displaced persons and quickly directed that everything possible be done to provide succor.

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Mr. Ahmed said the company was building a 2000 ton capacity of rice mill in Maradun and that when completed this year it would create hundreds of job opportunities for the people of Zamfara State.

Responding, the Emir of Maradun Muhammad Garba Tambari said he was highly elated as the company is the first to intervene by providing food support for displaced persons.

He commended Mr Dangote for the gesture and promise to help secure his investment in his Emirate.

Chairman of the Maradun Local Government Alhaji Yahayah Shehu Maradun thanked the Dangote Foundation for the gesture and pray God to continue to bless the Dangote business.

Our reporter sighted trucks of food items being offloaded at the silos and at the official presentation of the relief material at the Palace of the Emir of Maradun.

Some of the items delivered include: Trucks of Semolina, sphagetti, sugar, wheatmeal and Macroni.

Victims at the IDP camp who recounted their ordeal described the crisis as the worst in the country in the past five years.

They regretted that state have been neglected by government and mainstream media.

Mrs Inno Usman, 50, from Mallamai District lost a husband to the crisis and has eight children at the IDP camp. She said five men including her husband were killed by the marauders.

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Mrs Usman described the intervention of Dangote as timely, while urging other donors to emulate the the Aliko Dangote Foundation.

Another victim, Mrs Kenan Usman said her husband was also killed in a gruesome manner and that she escaped with her five children by the whiskers.

She said before the coming of Dangote Foundation they have been accommodated at the IDP camp in Maradun since November 2018, regretting that there is no date foe their return as the insurgents still hold sway in their various villages.

For Inno Aliyu Sani, 60, 21 people were killed including four women, and cows running into hundreds were stolen by the rustlers.

“We can’t go back. The killers are still there,” she said.

Abubakar Garba from Rudun village said for the past five years marauders had sacked everyone in the village but that government was doing anything address the situation until now.

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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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