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Insecurity: Oyo Rep, 4 others visit US, lauds quality of Super Tucano aircraft made for Nigeria

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The Vice Chairman, House of Representatives Committee on Air Force, Hon. Abass Adigun, popularly known as Agboworin, has expressed confidence that the 12 units of A-29 Super Tucano aircraft ordered by the Federal Government will be the game changer in the battle against insurgency and other criminalities in the country.

Adigun made this known in a statement from Florida, United States where he and four other lawmakers who are member of the National Assembly Joint Committee on Defence and Air Force have just concluded an assessment tour of six of the 12 planes ahead of their delivery to Nigeria in July.

He said with six of the aircraft expected in Nigeria in July and the remaining six expected before the end of October, the military would be further empowered to take the battle against insurgency to the terrorists in their hideouts.

The lawmaker, who retired from the US Navy to join politics in Nigeria, said the aircraft is equipped with state-of-the-art gadgets that enable it to carry out a series of military missions including close air support, intelligence, surveillance and reconnaissance (ISR) and can fly on an unpaved runway, among other capabilities.

He said the delivery of half of the planes in July would bring the Nigeria Air Force (NAF) to number 10 in the list of countries where Super Tucano planes are being used globally.

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The team, which was led by Senator Michael Nnachi, representing Ebonyi South Senatorial, was received on arrival in the US last week by officials from Embraer Defence Security Incorporated (EDSI), manufacturers of the Super Tucano aircraft.

The lawmaker, who represents Ibadan North-East/Ibadan South-East Federal Constituency of Oyo State, said Senator Nnachi commended the manufacturers for the quality of work done, but queried why it is taking about four years to deliver the aircraft despite Nigeria making full payment.

According to Adigun, the head of the US Air Force Fighters and Advance Aircraft Directorate, Colonel Authur Ford, explains that the long duration between the payment date and the scheduled delivery date is for the good of Nigeria.

“The Colonel explained to us that the long duration was as a result of the challenged encountered while they were configuring the Tucano aircraft. As a retiree of the US Navy, I know military hardware is not something you pick on the shelf. It takes time. More so, Nigeria gave them a specification that must be met in configuring the fighter plane.

“Ford also assures us that 10 out of the 12 aircraft are ready, while the remaining two are undergoing modification and integration to NAF specific operational configuration. He assures us further that the delivery date won’t change. He said the aircraft would come in handy for Nigeria in its long-running battle against terrorists and criminals”, Adigun said.

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The lawmaker expressed satisfaction with the progress of work done on the aircraft as well as the quality of the gadgets, assuring Nigerians that insurgents would be rolled back and decimated once the aircraft arrive.

The delegation, which also included Honourables Babajimi Benson from Lagos, Shehu Koko and Abubakar Maki, were first received on arrival at Florida by the Nigerian Defence Attaché to the US, Air Commodore Jibrin Usman, the Lead Foreign Liaison Office on the A-29, Air Vice Marshal Sule Lawal and others.

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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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