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Oyo: NOA boss commends Ige’s two years performance.

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MRS Dolapo Dosumu of the National Orientation Agency (NOA), Oyo state has recently commended the achievements of Hon. Akeem Ige representing Ibadan South East State Constituency II in the Oyo State House of Assembly, in the last two years.

The Director, who gave this commendation in her remarks at a town hall meeting organised by her agency in collaboration with Konrad Adeneur Stiftung for House of Assembly members, a platform to give  account of stewardship to members of their constituencies held at Ibadan Grammar School hall, Molete, Ibadan, observed that from all the previous meetings so far held, the lawmaker’s account of stewardship have lengthy records of achievements, well coordinated, so organised and fully attended by members of his constituency who had not only come to listen but had come to testify to his performances with letters of appreciation from beneficiaries from various communities present at the meeting.

She noted that despite the fact that constituency projects were not part of the functions of a lawmaker, Ige has combined the job of the executive arm to his legislative duty with the physical infrastructures he has put in place for his constituency area.

Presenting the details of his stewardship/legislative duties at the meeting, the Accord Party lawmaker, Ige disclosed that he has embarked upon many infrastructures like construction of bridges, modern toilets, boreholes, drainages, school furniture, street light projects, health centres, police station as well as financial/economic empowerment to various individuals, communities and groups in the last two years.

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In addition, Ige said that he has equally sponsored bills and motions that have direct bearing on the lives of the citizens in his constituency and Oyo State in general.

He, however, used the occasion to express his immense gratitude to his political party, Accord, for giving him opportunity to contest during the last election and for the support they gave him before, during and last election as well as traditional rulers, religious leaders, market men and women, non-governmental organizations, youth group, traders, transporters, artisans, security agencies, journalists, representatives of other political parties and well wishers that attended the meeting.

He, then urged the present administration in the state to ensure the completion of all abandoned roads in his constituency which include Labo,  Eleta, Academy Owode and others so as to alleviate the sufferings of the motorists that are plying these roads.

While calling on the Commissioner of Police in the State to put  adequate security measures in place for the residents of the entire constituency from armed robbers that usually terrorised the area in recent times, Ige however appealed to the authority of Ibadan South LC D A on the need to rehabilitate Adeyemo link Osungbade Odo Oba road as a matter of urgency to alleviate the sufferings of the people in the area.

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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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