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Panel Confirms Kunmi As Oyo PDP Chairman

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THE National Caretaker Committee of the Peoples Democratic Party, PDP has affirmed Alhaji Kunmi Mustapha as the rightful state Chairman of the party in Oyo State.

Mega Icon Magazine learnt that while upholding the list of executives that belongs to ACCORD, SDP, Labour Party and AD, the party instructed that the executive slots allocated to the old PDP block with the exemption of the State chairmanship position will be investigated for necessary review if need be.

In a chat with Mega Icon Magazine, the former Oyo Accord Party spokesman, Engr. Akeem Olatunji hinted that the Ahmed Makarfi led NCC made this revelation during a meeting with the Oyo State leadership of the party at Wadata House, Abuja on Friday.

It was gathered that the  meeting also had in attendance party faithfuls who felt aggrieved over the results of the State Congress held at Watershed events centre in Ibadan.

According to him, the  Panel upheld Kunmi’s victory having examined all the petitions filed before it.

“To this end, the leadership enjoins all party members and supporters in Oyo State, to put the issue regarding the State Congress behind them.
“We should work together as one indivisible family ahead of the 2019 elections,” quoting the National Caretaker Chairman.

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In his remarks, the newly elected Chairman, Alhaji Kunmi while playing host to party faithfuls who thronged his home yesterday described his victory as an act of God, calling on his contender to join him in the arduous task of rescuing Oyo State from the misrule of APC.

He, however urged all PDP members to see themselves as brothers and sisters with a common goal to contribute positively to the growth of the State and by extension, Nigeria.

On the contrary, the defunct SDP publicist in Oyo state,  Mr Akeem Azeez through his facebook page dismissed the information describing it as untrue.

His statement reads,  “this is far from the truth as both leaders from both congresses are meeting and holding consultations with National leaders to find amicable solution to the disagreement that led to the parallel congresses.

“We are part of the reconciliation meeting held in Abuja on the congresses last Wednesday and the National leaders of the party led by the National Caretaker chairman, Senator Ahmed Makarfi and there was no time did the party leaders made such statement. They have only promised to investigate the matter and make their findings and resolutions known to the general public”.

He, therefore enjoined party members and members of the public to disregard such information and wait till party National leaders make available official statement on the final verdict on the matter.

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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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