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Garlands for Abiola Ajimobi at 70 | By Festus Adedayo

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Tomorrow (16th December, 2019)  is my ex-boss, former Governor Abiola Ajimobi’s 70th birthday. I have written so many things about Ajimobi that another would be a repetition; from the negative to the positive.

Like all human beings, Ajimobi’s life is a binary configuration. His foibles are plenty and his greatness huge but one thing you cannot remove from him as an administrator is his passion for development and knack for excellence.

Ajimobi is extremely finicky, so much that if he enters an environment, he will begin to re-arrange its disarranged chairs. You can see this in the quality of infrastructure that his administration laid its hands upon.

As a critique, his undoing, like most Nigerian leaders, was being surrounded by mostly fair-weather aides. For fear of their daily breads, aides of politically exposed persons scarcely tell them what they don’t want to hear and thus, refrained from telling them the truth. Having studied their psychology, I found out that they love to be placed on what Yoruba call the back of the cockroach-horse.

They like their inadequacies to be wrapped with beautiful cellophanes and their praises sang like that of the Kabiyesi in pre-colonial Africa. Having seen through this foible, their aides effectively place them on the back of the cockroach-horse. They tell some of them that the way they talked was exactly how Obafemi Awolowo, Ahmadu Bello and Nnamdi Azikiwe talked.

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This is their bane and they are cloaked in the apparel of Super humans. It is only when they leave office that they see how human they are afterall but by then, the fair-weather aides have taken their flights, leaving their bosses to their fates.

Ajimobi is however blessed with a gift: he may be annoyed if you told him a singeing truth but he will later return to you with thanks. The Ajimobi that I knew could not put up with mediocrity but he put up with so many mediocre, for the sake of politics. One thing you can be sure of is that, Ajimobi will not gravitate towards the mediocre for an assignment of grave import.

That was why the mediocre who thronged him in large numbers have found their course now, leaving the few who love him for who he is.

Being with him in the first four years, I can testify that Ajimobi loved Oyo State with a baffling candour. He bent over backwards to ensure an Oyo that was at par with the best. He spent sleepless nights on the Oyo Project and testimonies abound that he out-performed his predecessors during this period.

I

am however not unmindful of criticisms of his hitting his feet against the stone during the second term. I do not have any defence to those criticisms.

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Someday, if opportune to do a biography, I will put the two ex-governors I was lucky to serve on a scale. Ajimobi would not weigh low, and certainly, neither will Chimaroke Nnamani, the man who made me to cross many rivers to a land whose people’s language and customs I understood seldom and who gave me a detribalized embrace that is still fresh in my memory.

This is wishing my oga, Abiola Ajimobi, a happy 70th birthday.

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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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