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‘Don’t ignore your responsibilities to children’ – Ooni, Yeyeluwa charge govt.

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The Arole Oodua cum Ooni of Ife, Ooni Adeyeye Enitan Ogunwusi, Ojaja II has charged governments at all level not to ignore their responsibilities to the children.

Flanked by his beautiful Queen, the Yeyeluwa, Olori Naomi Silekunola Ogunwusi, the Ooni made the call on Tuesday, during an end of the year programme organized for children by the queen tagged; Children Fun fair with Olori Naomi, held at the Ile Oodua palace of Ife.

“Children, I want to implore you to be obedient to your parents and teachers. You all are going to be great people in life, stay away from bad friends and ask necessary questions from your parents and guardians if anything is unclear to you.” The Ooni advised.

While felicitating with the children who stormed the palace in their large numbers, the Yeyeluwa lamented that issues pertaining to the young ones were not well attended to by the government, calling on all relevant stakeholders to act accordingly.

“If you look around our country, you will realize that programmes and policies of governments at all level favour the youths and the elderly, leaving behind the children who are leaders of tomorrow.” Yeyeluwa noted.

On the motivation behind the programme, Olori Naomi explained that it is a product of her love for the young children, adding that they must be well tutored and mentored.

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“An avenue like this through which children come together to sing, dance and play a lot of games help in putting them in the right frame of mind. I added gift items in order to give back to the society in my own little way and also give all children here a sense of belonging.” The queen added.

The Wife of the Governor, Alhaja Kafayat Oyetola who was represented by the wife of the Secretary to the State Government, Mrs. Bose Oyebamiji congratulated the children, noting that the government will never leave them alone.

“Alhaja Oyetola loves you and she asked me to tell you to face your studies and be obedient children to your parents. Happy new year 2020 in advance.” She said.

In her message to the Ooni and Olori Naomi, Mrs. Oroyemi Elizabeth who is the proprietress of Covenant Orphanage Home lauded the duo for the programme.

“Everybody knows that the Ooni is our father who has been there for us, and I am not surprised when I realized that our mother, the queen is taking after him by catering for the poor and less privileged members of the society. I appreciate them both and I pray that God Almighty will continue to bless them.”

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Similarly, seven-year-old Olufunke Faseyi who could not hide her joy thanked the queen for creating the beautiful event and the gifts she got. Eight-year-old Emeka Ume equally thanked the Ooni, adding that he was happy to be with his school mates again.

Eminent personalities at the event coloured by several cultural displays were the wife of the Osun State All Progressives Congress’ Chairman, Mrs. Olubunmi Famodun, wife of the Osun State Head of Service, Mrs. Kikelomo Oyebade among others.

The happy children who went home with several gift items including toys, clothes and food items were entertained by the prominent comedian, Ayo Ajewole popularly known as Woli Agba and other performers.

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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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