Connect with us

News

Makinde signs Anti-Corruption Bill into Law

Published

on

Oyo State Governor, Engineer Seyi Makinde, has signed  the Oyo State Anti-Corruption Bill 2019 into Law.

The Governor, who assented to the bill passed last week by the State House of Assembly, said that his assent was a signal his government was ready to enforce probity and accountability.

A statement by the Chief Press Secretary to the Governor, Mr. Taiwo Adisa, confirmed that Governor Makinde, immediately after his assent, transferred the law to the Attorney-General and Commissioner for Justice, Professor Oyelowo Oyewo for further administrative actions.

The Governor had, as part of initial declarations upon assumption of office, declared that the State under his watch would establish its own anti-corruption agency to ensure probity, accountability and good governance.
While signing the bill into law on Wednesday, Governor Makinde said: “We have just signed the anti-corruption law for Oyo State. There is nothing to be afraid of. Why we have domesticated the anti-corruption law is that just as we want the governance to get closer to the grassroots. We also want to guard the resources of the state in the same manner.

“Yes, corruption kills the society. When money meant for projects, salaries and certain developmental initiatives are diverted, we miss the opportunities.”

The Governor, who spoke at the Executive Council Chambers of the Governor’s Office, said that the law has no political colourations, as according to him, corruption and underdevelopment have no political leanings.

ALSO READ  Registration opens for world twins festival 2019

“This is not a law meant to witch-hunt anyone. It is not about politics or political interests. It is not about APC or PDP but about Oyo State. We know for a fact that if we tackle corruption, we will have enough resources to take care of our people and that is exactly what this law is meant to achieve for us,” he said.

The Governor reiterated his readiness to waive his immunity and face any corrupt charges against him, if he commits any infractions to the law.

He added: “So, we believe we have to tackle corruption. I said it during my inaugural address as the Executive Governor of Oyo State that I will be ready to waive my immunity to face any corruption charges against my person and I still maintain that position.”

The Governor, therefore, enjoined every citizen of the State to alert the Government of any unscrupulous activities, adding; “if you see something, say something.”

He also warned against writing frivolous petitions, adding that anyone found guilty of such would equally be prosecuted.

“I want to implore everybody, the citizens of Oyo State to say something when they see something. And I can give you the assurance that we will act. We do know that people may want to take certain things for granted.

“They may want to use this law to settle scores, because we have seen situations where people wrote frivolous petitions against somebody they have hatred for and, with that, they think they have the opportunity to square up.

ALSO READ  Senator Wakili’s wife found him slumped on the floor –Bauchi Rep

“Well, we won’t condone that. If you write a frivolous petition to us, you will also be sanctioned because that is corruption in itself.”
He warned the Civil Servants not to petitions themselves wrongly as anybody found doing so would face the law.

“And for my constituency, the civil servants, I do know that people jostle for positions, where they malign themselves to get into a higher position. This is not what the law is about. This law is to ensure that due processes are followed in our financial dealings and to ensure our resources are deployed for specific reasons why they were appropriated for, in the first instance.

The Governor further said: “So, it’s a new opportunity for us to show the world that we can run a transparent and accountable government. I do hope that nobody here will fall into the trap of corruption.

“I did mention that there is a serious temptation in this job. For instance, I am being paid N550,000 and I have to run a yearly budget of over 200 billion Naira. Of course, we will be tempted but we have to resist the temptation.

 

We have to know that whichever position we occupy is based on the trust of the people and when we leave, we will still go back to the larger society and, if we perpetuate corruption, the effect is waiting for us out there.

ALSO READ  Oyo PDP Governorship Candidate, Makinde Wins Opinion Polls

“So, I want to assure the people of Oyo State that this law will keep us in check, hold us accountable. And if you have anything about any of us, don’t hesitate to bring the facts out and the law will take its full course.”

Comments

News

Senate Approves Tinubu’s $500m Loan for Power Sector Boost

Published

on

By

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.

ALSO READ  ‘NASS will not suppress press freedom’, says Lawan

 

Continue Reading

News

Melinda Gates Resigns from Gates Foundation, Set to Receive $12.5 Billion

Published

on

By

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.

ALSO READ  Uneasy calm in Oyo PDP as Makinde plans LG election

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.”

 

 

Continue Reading

News

EFCC calls on banks’ compliance officers to uphold confidentiality

Published

on

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.

 

ALSO READ  Tanzania leading telecom operator, Tigo assure customers of high-quality services with modernized network infrastructure.
Continue Reading
Advertisement

Tweets by ‎@megaiconmagg

Subscribe to our Newsletter

* indicates required

MegaIcon Magazine Facebook Page

Advertisement

MEGAICON TV

Trending