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Just In: Oyo Govt. Puts Carlton Gate Estate’ 38 Housing Units Up For Sale

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Oyo State Government has announced its readiness to sell about 38 semi-detached units of bungalow situated at Carlton Gate Estate, Akobo, Ibadan to members of the public at affordable rate to fulfill part of the present administration’s electoral promise towards provision of affordable housing for all classes of people of the State.

 

 

The State  Commissioner for Lands, Housing and Urban Development, Barr Abiodun Abdu-Raheem disclosed this  while on inspection tour to various Housing Estates in Ibadan.

 

The Commissioner noted that a lot of people in the State were in need of affordable houses which he said was handy in Carlton Gate Estate, if they apply at the appropriate time.

 

 

“In keeping faith with the electoral promises made by our governor, Engr. Seyi Makinde during campaigns on affordable housing, we are putting up 38 semi-detached units of bungalows that are at the Carlton Gate estate at Akobo in Ibadan for sale at cheap price to the people.

 

 

“The target of this is to make our people house owners without much problems and this is just the beginning. The present administration will provide more affordable housing to the people and make acquisition of houses and landed properties easier and affordable for our people.”

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Abiodun expressed displeasure over many undeveloped plots of land in the areas visited as he observed that many choice lands were only fenced round without the owners developing them, adding that even most houses built did not follow the layout scheme provided by the State government.

 

 

‘I am not happy with the state of things after accessing everything. Lands that could be bought by people who are ready to build are wasting away without being utilized.

 

 

We will do our best to remove every illegal structures on our lands. It was noticed that around March, at a particular period, a lot of allocations were carried out.  I must say that the allocations are sub-listed for revocation and withdrawal.

 

 

“Whichever way, we can go about it, for those that have not paid, government will withdraw the allocation paper given to them. I assure everybody that we are here to do the job with fairness and we will be accountable in whatever we do,”he added.

 

 

Barrister Abdu-Raheem called on people whose building plans have not been approved, those that have letters of land allocated to them but do not have Certificate of Occupancy (CofO), and those that have obtained building plans but their applications were not completed to visit the Ministry of Lands, Housing and Urban Development to complete their application within a period of seven days from Monday or have their lands revoked.

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“An ultimatum of a week is given to people who have not completed the application of their land documents as government will soon begin the revocation of lands that are not properly registered.”

 

 

Places  visited include Kolapo Ishola Estate, Carlton Gate Estate, Akobo, Quarter 105 Onikoko Avenue Agodi GRA, Ajumose Housing Estate NIHORT Jericho, Elenushonsho Estate, Jericho, Queen’s school Ibadan  Apata, Adeoyo GRA, Ring-road, all in Ibadan, Oyo State Capital.

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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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