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Our society demands us to be magnanimous to the less-privileged – Makinde

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The wife of Oyo State governor, Mrs Tamunominini Makinde has charged the rich in the society to always find ways of giving back to humanity by caring for the less-privileged.

 

She said the rate of poverty and despair among the people has called for concerted effort to create means of survival and shelter for those in dire need, especially Nigerians suffering from loss occasioned by insurgence or natural calamities.

 

Mrs Makinde said this over the weekend while receiving gift items donated by MTN Foundation to Juveniles Correctional Institution and Child Care Unit, Ijokodo, Ibadan on behalf of the State government.

 

She said “a large percentage of Nigerian population today are going through hell on earth for reasons they were not the cause or directly responsible for, the rate of suicide and despair among Nigerians could be traced to the condition of the economy which has forced many out of their jobs and rendered many homeless.

 

“It is the responsibility of those who have the financial power to cater for the need of these sets of Nigerians, we urge the corporate bodies to tow the path of MTN Foundation and give back to the society by donating items that will keep those in need alive, they should start to build institutions like schools, libraries, hospitals and the rest to facilitate empowerment for those in dire need of survival.

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“The present administration in Oyo State has made it the major cardinal programme to put the welfare of workers, the less-privileged and the generality of the people into consideration in all policies and activities of the government, this is reflected in the free education policy and you can see the result in the influx of pupils back to school, as financial burden on the parents are now light.

 

“Children used to beg in the street and those that have left school due to reasons of homelessness among others are today going to school from government-controlled orphanage homes and it is a thing of joy when you think of the outcome of such interventions,” she added.

Mrs Makinde was accompanied by the Wife of the Deputy Governor, Professor Bolanle Olaniyan and the State Commissioner for Women Affairs and social inclusion, Alhaja Faosat Sanni to the event.

 

Earlier the Executive Secretary, MTN Foundation, Mrs Odunayo Sanya while handing over the items donated said, the gesture was part of the organization’s corporate social responsibility to the people and a way of raising the living standard of the less privileged in the society, as according to her, everyone deserved the benefit of a conducive living.

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She explained that the provision of basic living amenities and consumables to the less privileged was critical to the growth and development of the nation, emphasizing that the Foundation was passionate about making life better for the children.

 

Expressing her gratitude to the Foundation, Commissioner for Women Affairs and Social Inclusion, Alhaja Faosat Sanni described the gesture as timely and uplifting and appreciated the caregivers for their support, love, care and dedication to humanity, enjoining them to use the gifts donated maximally for the benefit of the children.

 

Items donated are consumables, toiletries, detergents, diapers among others.

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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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