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Ekiti election: Tinubu warns Fayemi, Olusola, others ahead of poll

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Bola Tinubu, a National Leader of the All Progressives Congress, APC, has urged all candidates and stakeholders involved in the Saturday’s governorship election in Ekiti State to shun violence and mischief that could jeopardize the successful conduct of the election.

Tinubu harped on the need for stakeholders to be committed to a peaceful and transparent election on Saturday so as to uphold the nation’s democracy.

In a statement he signed, the former Lagos State Governor urged political leaders and other leaders of thought to speak to their subjects and followers on the need to be peaceful, orderly and respectful of other party adherents at the polls.

He warned followers of various parties against wrongful thinking, urging them to think aright and only commit themselves to a free, fair and transparent election.

The statement reads, “For the utmost benefit of the people of Ekiti, this election must be a peaceful event, free and fair and devoid of any hint of violence or intimidation.

“The anxiety expressed in some quarters and even by some concerned traditional rulers and leaders in Ekiti about the imminent poll has come to my attention.

“I particularly note the call for a peaceful and transparent poll by the consultative body of eminent elders and leaders in Ekiti, Igbimo Ure Ekiti (IUE).

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“Given the high respect we all must have for the place and the wise counsel of our traditional rulers and other notable leaders, it would be remiss of us to ignore their words.

“Thus, those of us who have influence within any of the contending political parties or within the society, in general, must also lend their voice to the call for peace and calm.

“Let the will of the people prevail. In a democratic setting, there can be no greater justice or victory than this. I urge the electorate in Ekiti to exercise their civic responsibility by voting without fear or trepidation. Be vigilant but orderly and respectful of all others even the partisans of the other parties.

“We must allow the Independent National Electoral Commission (INEC) discharge its responsibility fairly and objectively with nothing to hide and with transparency in all its doings. Above all, this is the time for the candidates to show their true love of the people.

“These candidates say they want to lead the people to a better place. Well, let them begin now by leading their followers away from any hint of violence or mischief. Let the candidates clearly and publicly declare that they condone no misbehaviour and that they will respect the free and democratic will of the people come what may.

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“This is the essence of leadership-putting the welfare of the people above your own-. Let he who wishes to be the next governor begin now by eschewing violence and disorder.

“In the end, an election is a contest of competing personalities and ideas regarding the progress of the state, not the destruction of it. Thus, the election is not a conflict of arms or a call for war. It is a matter of determining, among the candidates, whose ideas are best for the state. This cannot be done by wrongful fighting.

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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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