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Tinubu finally speaks on Jide’s demise, reveals cause of death

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Bola Tinubu, national leader of the All Progressives Congress, on Friday revealed the cause of his son, Jide’s death.

The former Lagos State Governor, who described his son as “highly intelligent person with a vibrant personality and a zest for life” died of “cardiac arrest when it seemed he had so much life to still live.”

In a statement he personally signed, the former governor thanked Nigerians for their support in the cause of Jide’s death.

Tinubu said the death of his son had taught him to “live each day to its best as none of us know when our last day shall be.”

He also stated that the reaction from Nigerians including those who disagree with him politically has shown that, “we can be a people of profound love and humanity when we want to be.”

The statement sent to DAILY POST reads, “We want to express our thanks and deep appreciation to all who have demonstrated their sympathy and expressed their condolences over the loss of our eldest son, Jide. I want to especially thank President Muhammadu Buhari, VP Yemi Osinbajo, the state Governors, distinguished Senators particularly Senate President Bukola Saraki, members of the House of Representatives, APC leaders and members and indeed all Nigerians. I thank the traditional rulers for their display of support.

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“My son was a highly intelligent person with a vibrant personality and a zest for life. He followed his own course and made his own way on his own terms. Those who knew him could not help but like him. Yet, he was taken away by cardiac arrest when it seemed he had so much life to still live. This is a reminder that we must live each day to its best as none of us know when our last day shall be. Mortality comes upon us all. We have no choice in that but we do have a choice whether we shall be good or bad, just or unjust. Let us all strive toward the best in ourselves.

“Jide lived for so long in London and there he has left behind a darling wife and three precious boys. My wife Remi and I have gone to London to be with them at this painful time to support and help them. Please excuse our absence from Lagos for a while but it is essential that we are with them. Prayers are being offered and will continue to be offered for the repose of his soul. I have suffered a grave loss that no parent would like to bear. As a father, I must spend time putting my arms around the family he has left behind.

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“We must seek a lesson in every loss. Your reaction to my son’s passing has taught me that we can be a people of profound love and humanity when we want to be. People of every tribe, region, faith and every political affiliation have expressed their sympathy and extended to me the embrace of a brother or sister. Even those who don’t agree with me politically have shown strong support and care indistinguishable from that of my associates. This says so much about the innate goodness in all of us. For no matter what, we are not foes or enemies. We are all of one human stock, a single nation, one family.

“I wish I could bring my son back but I cannot. However, what I can do is to be more caring and helpful to the living as I know this is what Jide would want to become of his passing. Let us all take a lesson from this and think a bit more about our fellow man, our neighbor, our fellow Nigeria. Let us live as we were meant to live with each other in greater peace, compassion and love. If only this can happen, I know my son will be happy.

“Again, as we are away from Lagos, we thank you for the love you have shown and ask that you not only show it to us but to each other. Please continue to pray for him wherever you are.”

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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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