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Oyo govt. encourages girl child, offers university scholarship to best female SSSCE student

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OYO State Government on Thursday offered full university education scholarship to a student in a public school within the state with the best performance in the 2017/2018 Senior Secondary School Certificate Examination, Miss Itunuoluwa Joel

The state Governor, Abiola Ajimobi, made the announcement during a Gala Nite that wrapped up day two of the Oyo State Officials’ Wives Association’s National Women Summit, in Ibadan, the Oyo state capital

The three-day annual event was organized by the Wife of the governor, Mrs Florence Ajimobi, as a platform to galvanize wives of elected and appointed officials of the state into rallying women of the state for political and social prominence.

Speaking on the scholarship award, Governor Ajimobi informed that the gesture was an incentive to encourage the girl child that they could outsmart and outperform their male folks with hard work, dedication and determination.

The announcement of the scholarship was one of the major highlights of the event, where seven brand new cars were also given out to winners of a raffle draw, who had earlier purchased tickets during the programme.

Apart from the star prize, others also won deep freezers, sewing machines, iced coolers, microwave ovens, grinding machines, power generators, refrigerators among other items.

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Sixteen-year-old Itunuoluwa, who is currently an A-Level student of the Vale College, Ibadan, was born into the family of Pastor Olukunmi and Mrs Olubusola Joel of Osatan Compound, Ojagbo, Ibadan.

The governor said, “Itunu is an inspiration to other girls, having distinguished herself in academic performance right from her days at Canon Okuseinde Memorial Primary School, Aremo, Ibadan, where she was the best pupil.

“In her secondary education, she sat for the 2017/2018 SSSCE and scored distinction in four out of nine subjects. In fact, it has been a harvest of scholarships for the young girl since 2017 when a philanthropist paid her NECO fee.

“In 2018, she took part in a quiz competition organized by the Vale College and emerged as the overall best. For her feat, she was offered A-levels scholarship by the management of the college, where she currently studies.

“Tonight, the state government is adding to these awards by offering her full scholarship for her university education for her exemplary brilliance and dedication to her studies. I hope this will incentivize other girls to break the glass ceilings.”

Also at the event the first award of honour presented to women who have distinguished themselves in their chosen carriers went to the governor’s wife for lifting several thousands of women out of the vicious circle of poverty.

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Other awardees of the night included foremost educationist and founder of Bodija International School, Mrs Aina Esho; Professor Oluyemisi Bamgbose, Mrs Mobola Sagoe, 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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