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Flood Alert: Oyo To Begin Channelization of Major Rivers

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Oyo State government on Monday  disclosed that it would soon begin channelization of major rivers in the State to increase flood water runoff capacity and further reduce possibility of flooding in the State.

 

The State Commissioner for Environment and Natural Resources, Hon. Kehinde Ayoola disclosed this  while addressing a Press Conference organized by the Ministry to sensitize the general public on the hazard of poor sanitation on the environment and warning alert on flood in the State.

 

The event which  was held at the Film Theater of the State Ministry of Information, Culture and Tourism in Ibadan, the state capital, was also attended by the Commissioner for Information, Culture and Tourism, Dr. Wasiu Olatunbosun and the Chief Press Secretary to Governor Seyi Makinde, Mr Adisa Taiwo.

 

The former Speaker  hinted that Governor Makinde has approved the establishment of four environmental tribunals that would work across the State to enforce the State environmental laws and thereby reduce the rate at which people violated the laws.

 

“The vulnerability of Ibadan to river and urban flooding is induced by the city’s topography terrain, the problem of indiscriminate waste disposal, building of houses on flood plains, with the tendency of all the foregoing even being aggravated by the universal menace of global warming and climate change.

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“It is in the light of this that the government of the day in Oyo State has expressed its unreserved commitment to the full implementation of the Ibadan Urban Flood Management Project, the State-owned flood risk mitigation project with funding and technical assistance from the World Bank.

 

“The proposed channelization of major rivers and water channels in Ibadan under the IUFMP scheme is being processed and would soon commence. These include River Ona, Agodi Channel, River Ogbere, Kudeti Channel among others. When completed, these massive channels, which are in the mould of the popular Ogunpa Channel, would boost the flood-water runoff draining capacity of the city.

 

“However, all the above-listed efforts would amount to nothing without the people of the State fulfilling their own part of the bargain. Our people are required now, more than before, to clear their surrounding and street drain channels, avoid dumping waste improperly, ensure that each household keeps a dustbin and patronize government-approved waste disposal contractors, avoid floodplains, obtain building approvals from relevant statutory bodies before commencing building, among others.

 

“The governor has approved the establishment of four Environmental Tribunals across the State that will see to immediate dispensation of justice to environmental law offenders. The Tribunals will soon be inaugurated by the governor. This, we believe, will strengthen the enforcement of the laws and change people’s attitude towards sanitation for the better,” Ayoola submitted.

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The Commissioner further called on the people to take necessary precautions during heavy rainfall, especially when the rain persisted for over twenty minutes, while those living in the houses along floodplains were advised to relocate.

 

He added that low bridges should be avoided during heavy rain and enjoined the generality to keep away from staying under high tension electricity installations.

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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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