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How did Ibadan and Oyo state become this peaceful? – Olusoji Akinloye.

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IF you knew Oyo state, and indeed Ibadan, before now, you would have no choice but feel compelled by objectivity to write about the transformation that has occurred in the security sector of the state; It is just too impressive to ignore, and this is no farce.

15 months ago, after many years of service in Lagos, I was promoted and transferred to head the branch of my company in Ibadan. I declined it immediately. In fact, I was ready to resign. The major reason, was my experience with the high rate of insecurity in the city of Ibadan and Oyo state as a whole, while I was growing up as a young adult. Robbery and crime were always reported in droves; hardly a week went by without reports of thugs and hooligans unleashing terror on residents, or engaging in needless wars that claimed lives and destroyed properties; mayhem was a staple at major city centers.

I was a happy man when I left 10 years ago and there was no way I would move my family back there for work’s sake, or so I thought. Still, I decided to discuss with some friends who still lived in Ibadan and other parts of Oyo state. Thus, partly out of curiosity, and a need to preserve my means of livelihood in order to be able to continue putting food on the table, after so many quiet prayers were said, I decided to take the plunge.

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While I was considering this move, I had made up my mind to be security conscious, and to do whatever it will take to protect my family, even to the extent of hiring private security, if need be; having lost a close friend, who was president of the Nigerian Medical Association at the time, to one of such violent outbursts in Iwo road some years ago, I was determined to leave nothing to chance.

My perception about insecurity in Oyo state was steeply rooted in that nasty experience and other sentiments that I couldn’t just shrug off. It was that bad.

However, I couldn’t have been more wrong! Months down the line, my paranoia about the security situation in Oyo state and Ibadan in particular has been impressively doused. I am proud to say that, not only have things improved, it is largely compelling and almost unbelievable.

Driving through Molete could now be hitch free? I coild now be around Iwo road past 7pm? Bere-Oje axis now rid of crime and marauding urchins? Incredible! I shared my surprise with a few of my colleagues, and they laughed at how paranoid I was.

They unanimously conceded that the present Abiola Ajimobi-led administration seemed to understand the challenges when it came in, judging by the pragmatic way it chose to tackle the menace of insecurity, a feat past administrations had unsuccessfully struggled with. In fact, I came across this comment attributed to the Commissioner Of Police in Oyo State, where he too was profuse in appreciation of the new and secure state of Oyo.

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Hear him: “There are peculiarities of each state but basically one state is not much different from another; we work for the environment to work and Oyo state, since I came in here, has been very peaceful; it is one of the most peaceful states in the country”.

This comment above further cemented my new found thoughts about the security of Oyo state, and totally quelled my fears. Anyone who is even remotely familiar with Ibadan and Oyo state, will admit that this is indeed a great achievement, especially considering the crime-infested past.

I have always insisted that governance in Nigeria is not rocket-science, and that, when an administration is serious about getting something done, it would only take deploying the right strategy with the right intent, executed most importantly, by the right people; I am happy to say that the Ajimobi administration has proved me right.

Without a shadow of doubt, this is what the Ajimobi administration has achieved so obviously in Oyo state, and we must all give kudos to whom it is due.

 

Olusoji Akinloye, a Banker from Bodija, Ibadan, Oyo state writes.

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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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