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Political leaders must be fair to those who elected them -Makinde

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Governor Makinde of Oyo state

Oyo State Governor, Engineer Seyi Makinde, said on Saturday, that political office holders must be guided by principles of fairness and commitment to people’s welfare.

The Governor, who stated this while making remarks at the wedding of the sons of the General Overseer of the Living Spring Chapel International, Iwo Road/Ojoo Expressway, Ibadan, Pastor Femi Emmanuel,  said that people in positions of authority must always endeavour to be fair and open to their people.

According to him, the highlighted principles have remained his watchwords since he took office on May 29.

He noted that whenever good people got to positions of authority, the question they always asked themselves is: what can we do to be fair to the people who elected us?

A statement signed by the Special Assistant (Print Media) to the Governor, Moses Alao, quoted Governor Makinde as charging the newly-wedded couples, Pastor Paul and Ademilola Femi-Emmanuel and Pastor Peter and Cecilia Femi-Emmanuel, to be fair to one another in their dealings by following the Bible tenet contained in Mathew 7:12 “do unto others what you would have them do unto you.”

He maintained that once this principle of fairness is respected, things would be easy in their homes.

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He said: “It is the same with politics; when the good people get to positions of authority, the question they ask is what can we do to be fair to the people that brought us here? Whatever resources they meet in the positions, they will say that these are not our resources, they are the resources of the people and they are to be managed on behalf of the people.

“We have been asking that question, what can we do to be fair to the people of Oyo State since May 29; what is it that we can do to be fair to our people? They have money; can we give their money to them to be spent on the education of their children? And that was what we did. We said Oyo State people also have money that can be deployed to improve healthcare facilities and we have committed resources to improving that sector too.”

Earlier, the General Overseer of Salvation Ministries, Port-Harcourt, Pastor David Ibiyomie, admonished the new couples to exhibit God’s attributes of love, forgiveness and others in their homes.

The Deputy Governor of Oyo State, Engr. Rauf Olaniyan; the Deputy Chief of Staff to the Governor, Mr Abdul-Mojeed Mogbonjubola; commissioners, House of Assembly members and many other political appointees were also in attendance at the church service.

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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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