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Oyo NURTW fixes October 23 for election

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Factional heads of the National Union of Road Transport Workers, NURTW, Oyo State chapter have agreed to conduct an election for the emergence of a Chairman and members of his executive council by October 23, 2019.

 

This was revealed today after a reconciliation meeting brokered by the State government and stakeholders in the State transport sector in conjunction with the national leadership of the union on Friday at the House of Chiefs, State Secretariat, Agodi Ibadan.

 

The meeting which was presided by the Commissioner for Works and Transportation, Professor Raphael Afonja, addressed the rancor between the warring factions of the leadership of the National Union of Road Transport Workers (NURTW) Oyo State chapter and to ensure harmony among members.

 

Professor Raphael further reiterated the need for the Union to represent the State well by not giving in to personal interest to affect the peace and tranquility of the State at large, assuring members of the readiness of the Seyi Makinde-led administration to foist peaceful coexistence among the union members.

 

He,  however charged them to be law abiding and follow the dictates of their constitution, stressing that they should warn their members issuing out tickets to motorists at various Motor Parks on behalf of the Government to stop this until directives were given by the State government to the effect as investigations were ongoing to ascertain the actual revenue that supposed to be generated from the union to the coffers of government.

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“Governor Seyi Makinde wants peace to reign among you so that the State can move forward and I’m also using this medium to tell the union leaders to warn their officials issuing out tickets to motorists  at motor Parks on behalf of the Government to desist from this. This is because the money being generated is not getting to the government and  Government is still trying to verify  where the money is channelled to and also finalize how the matter will be handled.

 

“We can only relate with the union when they maintain peace and harmony which the state needs to drive a good economy. Anyone caught fomenting trouble among your members or extorting motorists will face the wrath of the law.”

 

In his words, Comrade Kayode Ogunyanbi, the Deputy General Secretary, NURTW Abuja who doubled as the current Acting Chairman, NURTW Oyo Chapter, appreciated the efforts of the Oyo State Government and the National President of the Union, Professor Tajudeen Ibikunle Baruwa, for their magnanimity in facilitating the meeting to put an end to the rancor between the six leaders struggling for the position of NURTW Chairman State Council.

 

He added that the different factions have agreed and pledged to the State and people of the State that they have all come together as one and that there would be no more fracas among them.

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The acting Chairman said it has been established among the factions that the NURTW members have seen reasons to work together, which led to the signing of agreement harmonization putting the union under one umbrella, emphasizing that only one person could occupy the post at a time, an assertion to which the factions consented to and agreed to an election that would be held on the 23rd of October, 2019.

 

The meeting had in Attendance the six leaders jostling for the Chairmanship position in the Union which comprised of Alhaji Abass Adigun Omonesin, Alhaji Mukaila Lamidi, Alhaji Lamidi Mukaila (Auxiliary), Alhaji Raufu Oloruntobi, Alhaji Waheed Adeoyo, Alhaji Olajide Abideen Ejiogbe and  Alhaji Lateef Opeyemi.

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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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