Connect with us

News

Makinde to partner with family homes funds on affordable housing

Published

on

Oyo State Governor, Mr. Seyi Makinde, has expressed the readiness of the state government to collaborate with the Family Homes Funds Limited on a housing programme that will address the gap in the housing sector in the state.

The governor stated this while hosting the MD/CEO Family Homes Funds Limited, Mr. Femi Adewole, and his team at the Courtesy Room of the Governor’s Office, Secretariat, Agodi, Ibadan.

A statement by the Chief Press Secretary to the governor, Mr. Taiwo Adisa, quoted the governor as saying that the state is ready for such collaboration, adding that it will make a push to fix the housing needs of the state.

He said: “I believe we met the first time in late 2019 and we have been trying to push this forward but, somehow, we did not get the necessary traction. The OYSIPPA team met with your team in Abuja around last year.

“Quite frankly, I am always skeptical about Abuja programmes because it is far away. So, because of that gap, I believe most times, people in Abuja design programmes and policies without really looking at the local requirements.

“So, I thought this may just be one of them. But I kept going and encouraged our guys to keep the lines open, well until I went to Bauchi to flag off a project, two weeks ago. We drove from Bauchi to Katagum and I saw several of your projects along the line and the governor kept telling me that they were the works of Family Homes.”

ALSO READ  Lagos consumes 1.8m heads of Cattle annually, says Commissioner

Makinde maintained that with the transformation his government has been able to bring to bear on the state, especially the massive infrastructure development projects across different zones of the state, it has become important to look at programmes that can plug the holes in the housing sector of the state.

“What we have been able to do here is that, suddenly, the places we think could not be viable have become viable now. For example, the new Business District for us is around Moniya. From that point to Iseyin is now 30 to 40 minutes.

“Even, the GRA at Oyo, nobody would put his money there, but suddenly, Oyo may also be 25 minutes away from the centre of the facilities here in Ibadan and the same thing with Ogbomoso, because we are also going to construct the road from Iseyin to Ogbomoso.

“So, we think this is the best time to really make the final push, and here we have all the officials that can make this happen. I am also here. From my own position, whatever we need to do to take off as early as possible, I am ready to do that.

“Our people have also listened to you and they quite understand what is at stake. It is not a joke, because I have seen the houses. Even the ones in Ogun State. So, I believe we should not be left behind here,” he said.

ALSO READ  Prices of tomatoes, yam, rice drop in June, NBS confirms

Earlier, the MD/CEO of Family Homes Funds Limited, Mr. Adewole, said the programme was designed to address the housing needs of local people.

He explained that the organisation is looking forward to working with the Makinde administration, saying: “This is an affordable housing programme and it is designed to address the housing needs of local people.

“We have significant programmes across some states in Nigeria. We are definitely looking at replicating those successes under your leadership in Oyo State.

“We look forward to working with your administration to deliver a fairly significant housing programme for the people of Oyo State and for the legacy of your vision and for this state.

“I assure you personally that I am taking personal interest in the Oyo State programme and we will work with you to achieve success”, he said.

 

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  Online publishers congratulate Adejumo on appointment as TechU PRO

 

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  2023: ‘We shall change the change, APC has failed leadership test’ - Ortom

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  Germany presents ‘position paper’ to Namibia
Continue Reading
Advertisement

Tweets by ‎@megaiconmagg

Subscribe to our Newsletter

* indicates required

MegaIcon Magazine Facebook Page

Advertisement

MEGAICON TV

Trending