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Ladoja to Seyi Makinde: Crosscheck your facts before deriding me, others

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Former governor of Oyo state, Chief Rashidi Ladoja has advised the Seyi Makinde – led government in the state to always cross check facts before deriding his predecessors in office.

The Ibadan high chief who midwifed the coalition that birthed the current government in the state in a statement issued his media aide, Alhaji Lanre Latinwo and made available to newsmen in Ibadan frowned at the recent statement credited to the state government that no administration after 1995 bought a water drilling rig for the State Rural Water Supply and Sanitation Agency (RUWASSA) except the present administration.

Chief Ladoja was the state gaffer between 2003-2007.

The former governor’s aide revealed that during Senator Ladoja’s administration, two rigs were donated by Japan International Cooperation Agency (JICA), a Japanese donor Agency.

“The rigs were launched at Igangan in Ibarapa North Local Government by the then Vice President, Alhaji Atiku Abubakar.

“The whole idea was to use same to eradicate guinea worm that was an epidemic in Ibarapa and some parts of Oke Ogun and Ogbomosho zones of the State then.

“RUWASSA formerly Water and Sanitation Agency (WATSAN) was an agency under the Governor’s office with a Project Director under the supervision of the then Secretary to the State Government (SSG), who was later Chief of Staff to Senator Ladoja, worked assiduously to make the government and people of the State proud with timeous eradication of the epidemic.

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“The epidemic was eradicated in a little over a year with awards and recognition from/by Federal Government of Nigeria,  Jimmy Carter Foundation and several other international agencies,” Latinwo said.

Latinwo continued, “It need be noted that the rig donated by JICA could drill up to 300 metres and was about the best in the West Africa sub-region at that time.

“When that is compared to the one for which approval was given, the latter can conveniently be referred to as a “toy rig”.

“If the administration could use it’s goodwill to get such a gift of two (2) complete drilling machines, why can’t your administration do same than to deride previous governments,” he asked rhetorically.

“If the rigs were not put to good use, why the awards and recognitions?

“It is those rigs that are still being used by Oyo State till recently when, as claimed by Hon. Najeem Omirinde, current chairman of the agency now Rural Water Supply and Sanitation Agency (RUWASSA), approval was obtained to buy another one.

“And now that the new ones were being proposed by the government, why must you castigate others for not buying rigs especially when you can use expertise, experience and connections to get rigs.

“Why buying another one, when money meant for that could be put to some other use.

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“Whatsmore, when a need arose then, Air Compressor was bought by prudent (as known by people of the state) Ladoja administration”.

The PDP leader, however advised that the Governor should always make wide consultations and avoid pitfalls that could make opposition elements to continually “accuse him of running an audio government laced with innundoes on the pages of newspapers.”

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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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