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Fresh chieftaincy crisis brews in Orile Igbon

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INDICATIONS emerged on Tuesday that the Orile Igbon town is heading for another round of crisis as the Olugbon Royal Family in Surulere local government area of Oyo state accused officials of the state’s Ministry of local government and chieftaincy matters of attempting to “use the backdoor to impose a traditional ruler on the people of Orile Igbon.”

This came just as the dust raised by the controversial review of the Ibadan chieftaincy declaration by Governor Abiola Ajimobi of the state is yet to settle.

According to Adesola Akanbi, spokesperson of the Olugbon Royal family, who spoke to journalists on behalf of the family, also accused the authorities of the Surulere Local Government of not following the rule of law in addressing the brewing chieftaincy tussle.

Akanbi stressed: “The local government chairman in incestuous alliance with the Ministry of local government and chieftaincy affairs and by extension the Government of Oyo State have constituted themselves into not just King makers, but some sort of alternate Royal family by selecting, presenting and appointing candidate for a vacant royal stool in scornful disregard to ancient customs and traditions of the concerned stool.”

“The people of Orile Igbon and the Oba Olugbon Royal family of Orile Igbon are still in deep disbelief that their protests which culminated in court recorded undertaking by the Lawyers representing both Surulere Local Government and the Government of Oyo State that their clients that is the Surulere Local Government,  the Oyo state government as well as Mr. Francis Olusola Alao  appointed Oba, shall do nothing to put the court in a helpless position in the ongoing case is consistently been observed in the breach by both the Governments and particularly Mr. Francis Olusola Alao.

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“It is an established fact of law that when a case is yet to be decided by the adjudicating court all parties to the case not excluding a government, her agents or privies shall refrain from any act or acts that could present the court with a fait accompli.

“To that end Mr Francis Olusola Alao has been technically directed by law not to parade himself as an Oba and the local government as well as the Government of Oyo State not to address him as or accord him any paraphernalia of office. The police to their credit have so far complied with this tenet of law.

“To the amazement of all and in a flagrant disregard of whatever the court stand for, Mr Francis Olusola Alao a party to the case has set in motion the processes for his ultimate coronation as Oba Olugbon with Mr Ibrahim Gbodeniyi the caretaker chairman of Surulere Local Government as the arrowhead of the processes and the mechanism of the Government of the State particularly those of the Ministry of local government and chieftaincy affairs fully mobilized to support an illegal grandstanding.

“It has been shouted times without numbers that Mr Francis Olusola Alao is unknown to the Oba Olugbon of Orile Igbon Royal lineage and at best is a criminal impostor but Mrs Wumi Ogunesan the Amazon and Permanent Secretary in the Oyo state Ministry of local government and chieftaincy affairs whom rumors has it exerts humongous influence on the Governor of Oyo State has from the word go refused to listen to the truth about her pet; Oba Olugbon by force project.

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“Governor Ajimobi hitherto regarded as a listening Governor with a sense of justice but whom we are told has been relying on his Ministry and Permanent Secretary for quality advice, but the Ministry personified by the Permanent Secretary in this case own a dangerous agenda of minting their own type of Oba; a king that is rootless and therefore has been deceiving the Governor in all purpose by orchestrating and trying to foist what can at best be categorized as a fraudulent precedent upon the throne and people of Orile Igbon as well as the Yoruba race.

“An injustice no matter the mode or color is an injustice and anyone with sense of justice and eyes on history must not be seen to be aiding, talk less of joining in undermining or worse, perpetrating naked injustice.

“The people of Orile Igbon kingdom and the entire history recognized members of the Oba Olugbon royal family are crying for justice today because wherever justice is murdered the immediate casualty is peace.

“There is an unnecessary crisis in Orile Igbon kingdom today because of an unwarranted audacity at rewritten a peoples’ history, Governor Ajimobi must be seen on the side of justice in the crisis, he must act to erase the fraudulent precedent and restore the people of Orile Igbon kingdom’s shattered confidence in him and his government.

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“Whatever we do, attempt to or failed to do today is tomorrow’s history and where or whenever we attempt to side with injustice, justice always has a way of getting back at us in a poetic manner. Mr Governor sir, we remain loyal”,

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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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