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Plot to burn Oyo APC secretariat uncovered – Government alleges

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OYO state government on Wednesday alleged that it has uncovered a sinister plot by the self-styled Unity Forum, a dissident group within the ruling All Progressives Congress (APC), to burn down the state secretariat of the party situated at Oke Ado axis of Ibadan in their desperate bid to scuttle Saturday’s local government election and party congresses.

Also, the government hinted that it received intelligence that members of the group have been holding clandestine meetings at different locations in Ibadan to perfect the plot by recruiting thugs to carry out this hatchet job.

According to a statement issued by the Executive Assistant, Political to the Governor, Dr. Morounkola Thomas, disclosed that the group included some members of the House of Representatives, a minister, as well as former and serving political office holders

As a decoy, the state government said that the same set of people have been going around and granting press interviews claiming that the state Governor, Senator Abiola Ajimobi, was after their lives.

The statement further said that the group has been meeting in the homes of two of their members in Bodija and Samonda areas of Ibadan, with a view to causing chaos and panic among the good people of Oyo State.

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The government, however, warned the group to be prepared to bear the consequences of their planned action having taken precautionary measures to scuttle their plans, while it urged law-abiding citizens to go about their businesses without fear.

“Oyo State is peaceful and will remain peaceful with the support of every law-abiding citizen. The governor has been a peace-loving leader and chief promoter of peace in the last seven years of his administration.

“He will, therefore, not fold his arms and allow any group or individual, irrespective of status, to take the state back to the dark era of political brigandage and violence.

“The protesting members of the House of Representatives and their leaders are all beneficiaries of Governor Ajimobi’s generosity and should be grateful to him, instead of biting the fingers that fed them.

“We are aware that they are looking for relevance and the only way they can get this is by linking Governor Ajimobi to the imaginary threat to their lives and well-being. Would anyone planning to injure you inform you before the act? They should have come up with a more believable tale.

Oyo APC lauds members as INEC monitors Ward Congress

“These are the governor’s political sons and I don’t know what will profit a father to kill his own son. The Almighty has been sufficiently good to him with every sense of modesty and he will not take issues further with them.

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“All their tantrums are mere distractions and a plot to derail the governor from his focused cardinal objectives of transformation, reformation and repositioning agenda, which have indubitably transformed the face and fortunes of the state.

“It sounds unbelievable that the said Reps members and their ilk could claim that the same governor who single-handedly propelled them from political irrelevance to the limelight will now be plotting to take their lives.

“The ward congresses have come and gone. The congress committee and the so-called Unity Forum adjudged the congress to be free and fair. An appeal committee has been put in place and I will only advise those aggrieved with the outcome of the congress to explore the opportunity.

“The governor has turned his attention to the task for which he was elected for the second term by the good people of Oyo State and will not allow himself to be distracted by the noise of the marketplace. I will rather advise them to get busy with the business of lawmaking for which they were elected”.

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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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