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Ignore Ajaero’s NLC, Labour officials are Obi’s surrogates – APC chieftain tells Nigerians

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A chieftain of the All Progressives Congress (APC) in Oyo State, Mogaji Soji Olalere has chided the President of the Nigeria Labour Congress (NLC), Joe Ajaero over his recent outburst on the hike in the pump price of petrol.

Olalere alleged that Ajaero’s NLC is an ethnic jingoist and champion of a failed presidential bid of Mr. Peter Obi of the Labour Party (LP).

According to him, Ajaero’s today’s NLC is peopled by elements of an Igbo tribe who have an axe to grind with the rest of Nigerians.

“The NLC president is an Ibo; it is the same for the rest of Congress Secretary, Emmanuel Ugboaja; the deputy general secretary, Chris Uyo, Personal Assistant to the president, Chris Onyeka and Uzeina, head of international education”, he said.

Olalere further told Nigerians to ignore Ajaero and his likes who are trying to incite the masses against the Federal Government of Nigeria led by President Bola Tinubu.

He also cautioned Ajaero and co-travelers to stop fanning embers of ethnic tensions and allow the current administration to ensure the success of its economic policies which would ultimately benefit all, in the end.

The Ibadan Chief stressed the need for all to be mindful of the antics of those he described as surrogates of the defeated candidate of LP, Peter Obi.

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He alleged that what they failed to accomplish through the ballot, they wanted to gain the same through the back door, stressing that “Nigerian masses are more enlightened and sophisticated politically to be hoodwinked into the shenanigans of the likes of Joe Ajaero.

Olalere assured Nigerians of glorious years and better times under President Tinubu. He said the president has shown that he is a detribalized Nigerian who is ready to accommodate all segments of the country and quality people into his administration.

“The president has started the government on a credible note as the appointments so far made by him reflected Federal Character and religious balancing. This President should be trusted to deliver on all his electioneering promises.

“The fuel hike won’t drag for long when Nigerians will begin to enjoy the effect of subsidy removal.

He said allocations to States and Local Governments have already started yielding more revenue than it used to be.

Speaking on Tuesday in an interview with Channels Television, Ajaero, the NLC president said Nigerians are being deceived by the new fuel pump price.

He further said Nigerians are being deceived, that is the official reaction. Because in the first instance, if you are saying that dependent marketers are now bringing the products into Nigeria;

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“Nigerians would want to know how many of them and for us to see the list of those who are importing the products into Nigeria.”

Ajaero also questioned the role of the NNPC in the new dispensation.

He said, “NNPC cannot import and say it is imported by independent marketers, that is not true.”

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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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