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‘Foment trouble, go to jail’, Makinde tells  NURTW members

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The Seyi Makinde led  Oyo State Government has  warned some leaders of the suspended National Union of Road Transport Workers (NURTW) in the state to desist from carrying out the threats of violence issued in a video, which has gone viral in the last 24 hours.

A statement signed by the state’s Commissioner for Public Works and Infrastructure, Professor Raphael Afonja, on Sunday noted that the government  would bring the full weight of the law to bear on anyone caught disturbing peace and order in the state.

The government further called on the residents of the state to ignore the empty threats by leaders of the suspended union and go about their lawful businesses, noting that the state government and all the security agencies in the state remained alert and on top of the security situation.

The government maintained that though the leaders of the NURTW might have misinterpreted the Park Management System, which is aimed at rebranding the management of motor parks in the state, it would not sit idly and watch some individuals threaten the peace of the state.

The statement reads in part: “The attention of the Honourable Commissioner for Public Works and Infrastructure, Professor Raphael Afonja has been drawn to a video that has gone viral in the last 24 hours, in which some members of the banned Oyo State Chapter of the National Union of Road Transport Workers (NURTW) were seen threatening to unleash violence in the state.

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“It has come to the knowledge of the Ministry that a number of commentators and some of those who were seen threatening mayhem have misinterpreted the initiative that has yielded the planned rebranding of the Motor Parks in the State under the aegis of the Park Management System(PMS) introduced by the current administration in Oyo State.

“The Ministry therefore wishes to place on record that the government of the day in Oyo State will not open its eyes and allow unwarranted activities threaten the peace of the good people of Oyo State.

“The Ministry wishes to urge the peace-loving residents of the state to go about their lawful duties without fear and intimidation.

“Let it, however, be known to any agents of violence or purveyours of trouble that the state would not hesitate to deal decisively against any threat of violence within the ambits of the law.
“Those seeking to throw the state into confusion have been at it for a long while with the series of traps that have continued to fail.

“It should also be noted that the laws of the land, including the Anti-Terrorism Act, fully and clearly denominate acts of violence and threats to instigate the same. Those who stand accused of accessories after the facts of treason and Treasonable felony are in no way excusable under the law.

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“The Ministry would therefore urge everyone who do business around the Motor Parks in Oyo State to continue to abide by the laws of the land. Anything to the contrary would bring the full weight of the law to bear on the accused.”
The statement further explained that new Park Management Systems (PMS) initiative, apart from being introduced to sanitise the poor state of the parks across the state, would also assist in boosting the State’s Internally Generated Revenue (IGR) and also provide employment to the teaming youths across the state who would be recruited by the Park Managers.

“In another breath, the Ministry wishes to bring to the notice of the residents and the good people of Oyo State that the new Park Management Systems (PMS) that the initiative is aimed at sanitising the poor state of the parks spread around the state.

“Besides being a way of boosting the State’s Internally Generated Revenue (IGR), the PMS will also provide employment to the teaming youths across the state who would be recruited by the Park Managers.

“The fear of job loss by those currently involved in the Park systems is unfounded because every able-bodied, and law-abiding person willing to contribute to the proper management of the parks would be gainfully engaged.

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“The Honourable Commissioner also wishes to reiterate the ban on activities of the NURTW at the Parks in the state, pending the resolution of the Union’s internal conflicts.”

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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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