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North prepared for Nigeria’s breakup – Ango Abdullahi

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Former Vice Chancellor of the Ahmadu Bello University and Secretary of the Northern Elders’ Forum (NEF), Professor Ango Abdullahi has asserted that the North is not afraid of breaking up.

According to him, the region was prepared to go back to the pre-1914 arrangement.

The elder statesman bared his mind at a two-day conference organised by the Arewa Research and Development Project (ARDP).

Speaking on the theme of the conference, “The North and the future of the Nigerian Federation”, Abdulahi was of the view that “If we can’t go back to1914, we should go back to 1960, regional governance. North is not afraid of getting its North back, just like those that want East and West. I see this as a political manoeuvre and the North will not take it,” he said.

“Restructuring means so many things to many people, but to me, I am not speaking for Unongo or NEF, when I was confronted about this, by people from the South, we sat with Prof Nwabueze and he said Nigeria is unbalanced and Lugard made mistake by amalgamation and North has always dominated that’s why they asked for national conference in 2014.

“We reminded him that the North has always sacrificed for the unity of Nigeria. I was a student when we got independence and we saw that each time there was need to unite, Nigeria, the North made the largest sacrifice,” he stressed.

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He explained that the north has always wanted a peaceful country.

“Now we have 36 states from three regions which existed in 1960. No country has had constitutional conference like Nigeria, yet it has not created basis for a united country.

“We ought to have realized from that, that the failure of operators of the country is needed, if we want to restructure Nigeria, we have to start from the beginning, 1914, North and South, let’s go our separate ways,” he emphasized.

He said that such clamouring are not new, because it has always been an antecedent of the South whenever a Northerner was in charge of leadership.

“Things happening since 1999 to 2006 tazarce, and 2015 when a party agreed that Presidency should rotate, and that was the beginning of what we saw.

“Some of our various formations were unhappy with what was happening to the North, we decided that we must confront it and thanks to our efforts we succeeded in changing leadership.”

“Since assumption of Northern leadership, we have witnessed demands like they always occur whenever a northerner takes over leadership,” he pointed out.

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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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