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We Will Liberate Ekiti from Culture of Beggary, Poverty Brought by Fayose – NGO

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A non-governmental organization, (NGO) under the aegis of Ekiti Development Front (EDF), has said it decided to embark on aggressive empowerment of Ekiti indigenes to break the hard-biting poverty and culture of beggary brought by Governor Ayodele Fayose to the State.

The Coordinator of the humanist organization, Barrister Adeoye Aribasoye, said no fewer than 150 Ekiti residents had been empowered in various fields of human endeavour in the first phase of the empowerment programme held in Ado Ekiti.

He said the beneficiaries received cash gift, Sewing Machines, Dryers, Compressors with complete engine for vulcanizers, and washing machines, grinding machines, Generators, Clippers, Cake mixers, Food stuffs – and social interventions like, Day old chicks and feeds, among others.

Speaking at the second phase of the empowerment held on Saturday in Ikole Ekiti, Aribasoye bemoaned how Fayose had successfully turned Ekiti into a beggarly state, describing this as a failure of governance.

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Beneficiaries at the event got washing machines, sewing machines, stoning machines for fashion designers, and grinding machines, hairdressers, compressors/engines for vulcanizers, filling machines for shoe makers, generators, Day old chicks with feeds.

Aribasoye added that 24 families in the State have been placed on safety net of Social Security Scheme, where food stuffs will be made available at food banks established by the body to reduce famine.

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Aribasoye stated the agenda of the organization is to empower citizens, assist them in fighting for their rights, and in mass political enlightenment for the populace .

On how to improve scholarship in the  State, Aribasoye said the body is resolute about establishing a robust scholarship scheme to help in defraying school fees of those that have challenges, urging Ekiti residents to obtain application forms for the programme to begin.

Aribasoye said that the movement is not political but personal effort targeted at backing political aspiration of anybody that the organisation is convinced of having good mission, vision and developmental agenda that will better the lives of the people.

“We at EDF are ready to support anyone or group of persons interested in the development of our society. We shall not be deterred or lose focus on this”, he said.

He disclosed further that these passion and qualities were what the organisation saw in Dr. Fayemi which was why they are supporting his ambition because, “we have no doubt that if he wins the July 14, 2018 governorship in the State, he will restore he will ensure better life for the people of Ekiti”.

“This empowerment program by EDF will by the grace of God run weekly from now on for the next two months and on monthly.

“You may ask why now, to every  destination there must be a step, that step must be taken at a particular time and that step has been taken now and we won’t stop until we reach our destination and by the grace of God we shall get there.

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“You may further ask, why then using same to support Dr. Kayode Fayemi? Kindly note, I have never hide my preference for JKF since 2005 I first heard about him. I have a strong conviction about his person and what he stands for.

“I saw his programs in his first tenure as governor of Ekiti State and I saw a man with passion for development in all ramifications. He is a man that sees tomorrow. His programs for the senior citizens by payment of ‘owoarugbo’ endears him to me just like other legacy projects in Ekiti State and I believe he can still do more. His visions are in tandem with EDF vision and objectives.

“We will continue to build men, to teach our people how to fish by supporting them in the areas of their skills.

“I see a better Ekiti where sufferings will be reduced, a society where we will understand that the greatness of a man is not in the amount of wealth he acquires but in the number of lives he is able to affect positively”.

One of the beneficiaries, Mrs Cecilia Arije, saluted the courage of the initiator, saying : “this will motivate us to further support Dr Fayemi and APC  in the July 14 election.

“Fayemi worth being reelected, because he was able to reduce poverty by his Social Security Scheme, where 25,000 elderly above 65 years were getting N5,000 monthly stipend. This really helped in stemming the tide of poverty in Ekiti.

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“But today, nothing is happening at the grassroots, Governor Fayose had abandoned us”, she said.

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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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