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We didn’t take over Bodija Eid ground – Oyo govt.

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Oyo state government has explained that it took the decision to develop the 11,435.711-square-metre open field in Bodija as a recreation facility in order to serve the purpose of the original masterplan of the area and cater to the recreational needs of Bodija Estate.

It maintained that part of the land, which was designed as a recreation centre since the creation of Bodija Estate was used to build a Mosque and a church, while the government is only converting the remaining land to a modern recreation facility in line with the master plan.

“The proposed facility, which is under construction, shall have a FIFA-standard football pitch, tennis court, swimming pools, children’s play areas, water slide, water world, food court and other recreational facilities befitting of a prestigious Estate like Bodija,” the government said.

A statement by Mr. Taiwo Adisa, the Chief Press Secretary to Governor ‘Seyi Makinde, noted that the explanation became necessary following claims by an Islamic organisation that the government took over an Eid ground in Bodija.

He explained that the development will not affect the Mosque and the Church which have been built on the original land of the recreation centre, adding that the government’s plan was to upgrade the facility into a modern recreational facility.

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The new construction will not in any way tamper with the existing Mosque in the area, adding that a Church near the same parcel of land was also not affected by the development.

According to the government, it placed the advertisements for the project, to attract interested, tested and qualified investors and developers in major newspapers on August 27, 2019, wondering why after close to two years, a group would suddenly try to misconstrue the well thought out plan to upgrade a facility that belongs to the government.

It warned the residents of the State to disregard attempts to disrupt the peace of Oyo State through religious incitements, stating that the proposed development of the facility does not stop anyone from practising his/her religion.

“The Bodija Recreation Centre is an open field located Beside Housing Roundabout, in the heart of Bodija Estate, Ibadan, which has been used over the years as a sports and recreational facility by the residents of the estate.

“The field, measuring 11,435.711 square metres, was approved as a football field and tennis court by Oyo State Housing Corporation in the master plan of the estate, and has been used for sporting and recreational activities for many years.

“The Oyo State Government, in the drive, vision and mission to develop the facility into a modern recreational edifice, placed advertisements in major newspapers on August 27, 2019, to attract able, viable, tested and qualified investors and/or developers for public private partnership in the attainment of its vision for the benefit of the teeming populace of the State.

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“The goal of the Government is to utilize the Build, Operate and Transfer modality in partnership with Messrs Reform Construction Limited, one of the foremost sports facility companies in Nigeria for the design, construction, commissioning and management of Bodija Recreation Ground into a modern, self-sustaining, multi-purpose sports and recreational centre.

“By the Public Private arrangement, Bodija Recreation Centre is to become one of the foremost sports and recreation centres in the entire Ibadan city with a project cost well above N500 Million.

“The sport-loving administration of His Excellency, Engineer Seyi Makinde, in Oyo State, is not only delivering a remodelled Lekan Salami in Adamasingba, but also mini stadia in various locations across the State such as Ibadan, Oyo, Eruwa, Ibadan, Saki, Ogbomoso and Iseyin.

“It is pertinent to point out that the proposed development of the Recreation Centre doesn’t in any way affect Bodija Central Mosque and the Church beside it.

“The peace-loving people of Oyo State are enjoined to disregard every attempt to disrupt the fragile peace of our dear State”, the statement read.

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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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