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Oyo: Ex-Commissioner, Olowofela Gets FG Appointment

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The immediate past  Commissioner for Education, Science and Technology,  and a Federal House Of Representatives candidate for Ibarapa East \ Ido Federal Constituency  under the platform of the All Progressives Congress (APC), Prof. Adeniyi Olowofela has secured an appointment with the Federal government.

 
According to a document obtained by Mega Icon Magazine, Prof. Olowofela would be representing Oyo state at the Federal Character Commission (FCC). The APC Chieftain and other nominees are expected to be confirmed by the Senate, the document added.
Olowofela, born May 3rd, 1963, in the sleepy but rapidly – developing town of Omi-Adio, via Ibadan, Ido Local Government Area, Oyo State, Nigeria.
He attended Hope Central Primary School, Omi-Adio between 1969 and 1975 before proceeding to United Christian Secondary School, Omi-Adio between 1976 and 1981. He later proceeded to the University of Ibadan, between 1982 – 1986 to earn his Bachelor of Science Degree in Physics, and graduated with Second Class (Upper Division).
He served at Union Secondary School Agulu, Njikoka Local Government Area (old Anambra State) as a physics teacher. And, thereafter, studied for and earned his M.Sc. in 1987 and PhD, (Solid Earth Physics) in 1995 respectively.
Continuing, Olowofela later lectured at the Department of Physics, University of Ibadan, between 1994 – 2003 and later joined the services of the Federal University of Agriculture, (FUNAAB), Abeokuta, first on a sabbatical appointment from 2003 -2004, then as an Associate Professor and Head of Department, from 2005 to 2007 before rising to the position of a Professor of Solid Earth Geophysics in 2009.
As a cerebral and highly respected scholar of no mean stature, he holds various professional qualifications which include: Certificate in Seismic Hazard Assessment obtained from Potsdam, Germany; Certificate in Water Resources in Flensburg, Germany; Certificate in Microprocessors obtained from the United Nation University, Rome, Italy as well as the International Centre for Theoretical Physics (ICTP) Italy among others.
Professor Olowofela has since, successfully trained over 30,000 students, supervised over 50 B.Sc projects and more than 20 Ph.D projects, some of whom have become Professors and Associate Professors. In the course of his academic career, he had more than 70 publications to his credit, two of which are being used by University students in Germany till today.
However, with a passion to lift the fortunes of his community and people and with the desire to right societal wrongs, while promoting freedom and social justice, Olowofela joined active politics in the 80’s. His sole objective remains an advocacy for the improvement of the lot of his people and ensuring that young men and women coming after him in the community have a better deal through responsive, responsible and effective governance.
He had served different parties and governments in various capacities which include:
* National Delegate – National Republican Convention (NRC), 1990
* Member, Governing Council, Oyo State College of Education, Oyo, 2000-2003
* Party Chairman, Alliance for Democracy (AD), Ido Local Government, Oyo State, 2002-2003
* Chairmanship Aspirant, All Nigerian People’s Party, (ANPP). He won the controversial election conducted by the then Oyo State Governor, His Excellency, Senator Rashidi Ladoja in 2007.
* He was appointed by the Governor, His Excellency, Senator Abiola Ajimobi as Transition Committee Chairman, Ido Local Government from 2011 to December, 2014.
* He was also appointed as the Commissioner for Education, Science and Technology, Oyo state from June 2016 to September, 2018
As a public office holder, Professor Olowofela, had received several awards and they include:
√ Overall Best Performed Local Government Chairman in Nigeria, 2012 at the 19th Edition of National Award for Excellence in Grassroots Leadership, Presented by Grassroots Leadership Centre, Abuja.
√ Overall Best Performed Local Government Chairman in Nigeria, 2012 on Works/Education at the 10th Edition of the All Nigerian Local Government Chairmen Merit Award (LOGMA 2012) by Mentors Communication, Abuja.
√ Oodua Hero Council Chairman, 2013, an award presented by the Yoruba Youth Development Council, (YYDC).
√ Oyo State Commissioner of the year, at the 2017 Miss Oyo State Beauty Pageant, an award presented by Silverstone Communications.
√ Prestigious Award of Ambassador of Ethics and Conscience, and Induction into Hall of Fame, 2018 by Centre for Ethics and Self Value Orientation.
√ 2018, he emerged as one of the fifty most inspiring personalities in Nigeria according to The Guardian Newspaper.
√ Oyo State Commissioner of the year, at the 2018 Oyo Herald Magazine Annual lecture and Merit Awards
√ Award of excellence at the 2018 Prominent Oyo Peoples’ Awards (POPA 2018) by Cornerstone Media International

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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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