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Fayose makes first public appearance, visits Ewi of Ado

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GOVERNOR Ayodele Fayose of Ekiti State on Tuesday made his first public appearance in Ado Ekiti, the state capital after the July 14 poll which produced Dr Kayode Fayemi of the All Progressives Congress (APC) as governor-elect.

Fayose was hailed by crowd comprising of market women, kids, aged and youths and his nickname ‘Oshoko’ rented the air on the street of Ado Ekiti as he walked from the Oja Bisi area to the palace of the monarch of Ado Ekiti, the Ewi of Ado, Oba Rufus Adejugbe.

The crowd were extremely excited on seeing him. They prayed for him and wished him well in his future endeavours.

The crowd saw him off to the Ewi palace where the governor reported the security lockdown in the state, particularly as it affects him at the government office to the custodian of culture, calling on the Ewi and other traditional rulers in the state to intervene.

 

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Governor dressed in complete black attire still wore the neck guide which he had shortly after he alleged he was physically assaulted by security agents on July 11.

“l have come to let you know that before the July 14 election, the government house was invaded by the police and men of the Department of State Services (DSS) and the poll was rigged, over 300 of our members and top government functionaries have been arrested and clamped into detention since then. My wife was also subjected to a 45 minutes harrowing experience while entering the government house shortly before the poll.

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“Since the day of the poll, the government office has been shut and my security agents have been withdrawn.

“The July 14 poll has come and gone, and the constitution says until Oct 16, I am still the governor. Since they have left this morning, I felt I should inform you, Ekiti people , Nigerians and international community that l am still being locked at the government office.

“I urge you to help tell the Federal Government and security agents and others that I should be left alone, l and my family have a right to life.

“The man who contested against us is being protected, but my policemen have been withdrawn. I represent Ekiti and was given a mandate of the people. Harassing me is not the best.

“My aides are being harassed, searched, their vehicles up to spare tires and they are being searched even to their pants. I wonder why we should be in this kind of situation ahead of 2019. I want you to intervene please Kabiyesi, ” Fayose reported to the monarch.

Reacting, the Ewi of Ado, who pitied governor Fayose, submitted: “First of all I want to thank God for sparing your life and that up till now, there has not been casualties.

“Before the poll and as if we knew this was going to happen, the council of Obas met with INEC officials, security operatives, party candidates and others and pleaded with all parties that before, during and after the poll, we want peace in Ekiti state, because we are homogenous, Ekiti will remain one forever and whoever wins we will accept.

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”It is unfortunate that this kind of thing is happening, the way I see you today in complete black, which is against our custom in the palace. I knew something is happening. I will convey your message to the chairman traditional council of Obas in Ekiti. We had discussed you this morning and wondered where you are.

The monarch continued, ” We use this opportunity too to appeal to the security operatives to, in the name of God restore your security to you. Whatever it is, we are in Ekiti and they should allow us to intervene in this matter, all the three of you in the race, yourself, Professor Olusola Eleka, and Dr. Kayode Fayemi are our sons. You are all our eminent sons that cannot be wished away. We urge all parties to allow peace to reign. We will also get in touch with Dr. Fayemi to use his good office to intervene”.

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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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