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Nigeria welcomes over 26,000 babies on New Year’s day

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No fewer than 26,039 babies, representing seven percent of global new babies, will be born in Nigeria on January 1st, 2020, the New Year Day, according to the United Nations Children Emergency Fund (UNICEF) prediction.

 

UNICEF had predicted that an estimated 392,078 babies would be born on New Year Day, with India topping the chart with estimated 67,385 babies, and followed by China with 46,299 new babies.

 

Nigeria came third with 26,039 new babies, Pakistan 16,787, Indonesia 13,020, The United States of America 10,452, Democratic Republic of Congo 10,247 and Ethiopia 8,493 new babies.

Also, UNICEF predicted that Fiji in the Pacific will most likely deliver 2020’s first baby while the last baby will be delivered in the United States of America.

 

UNICEF, in a statement signed by its Country Representative, Peter Hawkins, in Abuja, the nation’s capital on Tuesday, reminded the government of the potential of each and every Nigerian child embarking on her or his life’s journey if only they are given the chance to survive and thrive.

 

The statement disclosed further that, in 2018, 2.5 million newborns died in their first month of life around the world. It unearthed that in Nigeria, it was 318,522 deaths, and most of the children died of preventable causes such as premature birth, complications during delivery, and infections like sepsis.

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Hawkins added that more than 2.5 million babies were born dead across the world, with more than 400,000 stillborn deaths recorded in Nigeria annually.

The UN children agency also agreed that over the past three decades, the world, including Nigeria, has seen remarkable progress in child survival, thus cutting the number of children worldwide who die before their fifth birthday by more than half.
In Nigeria, it said the number was cut by about 500,000 between 1990 and 2018, with slower but impressive progress for newborns. It said that babies dying in their first month of life, globally, accounted for 47 percent of deaths among children under five in 2018, up from 40 percent in 1990. In Nigeria, these figures are 29 percent, up from 21 percent in 1990.

 

In the statement, Hawkins informed that UNICEF’s Every Child Alive campaign has consistently amplified calls for increased investment in health workers, providing the right training and also equipped the facilities with right medicines to ensure every mother and newborn is cared for by safe pair of hands as against otherwise, to prevent and treat complications during pregnancy, delivery and birth.

 

“We must ensure that millions of babies survive their first day and live into this decade and beyond if every mother has good pregnancy care and every baby is born into safe pair of hands. That means having well-equipped facilities with well-trained staff who can be there to welcome every Nigerian child into this world safely and healthily.

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“It’s the beginning of a new year and a new decade. It’s a chance for us to reflect on our hopes and dreams for the future of our children who stand to inherit this country,” he concluded.

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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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