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We’ll take hard decisions in Oyo—Makinde

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Oyo State Governor, Engineer Seyi Makinde has  said that his administration will not shy away from taking hard decisions in order to set the State on a trajectory of sustainable development.

Governor Makinde, who also advised his brother governors not to be caged by crave for second term, counseled that service delivery to the people should be of greater importance to office holders.

The governor in a  statement signed by his Chief Press Secretary, Mr. Taiwo Adisa, made the assertions while performing two separate functions in his office on Wednesday.

While receiving reports of seven committees set up by his administration to look into various issues, Makinde said: “I have seen people come to me and said I should not do some certain things or take certain decisions because of second term. Those that are interested in second term should wait, at least till 2022. For now, we should do the job the people have committed to our hands and do things that will place Oyo State on the path of greatness.”

Also, while receiving the Governorship Candidate of the Peoples Democratic Party (PDP) in Kogi State, Mr. Musa Wada, Governor Makinde advised office-seekers and governors not to allow themselves to be caged by the crave for second term of office.

“The people are the sole determinants of the fate of the politicians. First term, second term are all linked to what we have for the people. During the first term, you make promises to the people and once you start ticking those boxes, the people can always decide that they want you to come in first and later say they want you to continue,” the Governor said.

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In his speech at the Exco Chamber of the Governor’s Office, while receiving the reports of the committees, Governor Makinde called for ideas from the citizenry of the State to move the State to greatness, saying: “I want to say this publicly; some of us on this side of the table are not the brightest. No. We have just been blessed that God provided the opportunity for us and that’s why we value what you have to say. We value your contributions.

“Whatever we need to do on infrastructure, we need to target our economy. So, I want to implore anyone who has an advice for us should inform us because we don’t have any other place we can call home.”

The committees that presented their reports included the Investigative Panels on Ibarapa Polytechnic and Oke-Ogun Polytechnics; Committee on Dismissal/Retirement of Civil Servants between 2011 and 2019; Committee on Review of Contracts, Projects between 2017 and 2019; Task Force on Review of Operations at the Bola Ige International Market, Gbagi, Ibadan, among others.

The Governor, after receiving the reports, said that the Government will take immediate action on the recommendations, adding that the people should expect full implementation of the report within four weeks.

Governor Makinde made specific reference to the report of the committee on the wrongful dismissal of civil servants, noting that the Government will look into the recommendations of the committee and if they included bringing back some of the affected they would be returned to work immediately.

He said: “I want to say that we are not going to set up any further committee to review these reports but instead, we will go straight ahead to implement the recommendations, especially the committee that worked on the dismissed workers. This is because I believe that it is better for us to allow 100 guilty persons to go scot-free than to punish one innocent individual. I know you have done very well, looking at each individual and the issues that led to their getting dismissed. We will look at the report immediately and implement the recommendations.

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“If you ask us to bring some of them back, we will bring them back almost immediately. So, I will set a time frame of four weeks for implementation of most of these reports.”

The Governor added that though the committee that was set up to look into the affairs of Local Government by the last administration was dragged to court, he said that his administration would soon clear the legal huddles and get to the roots of how the councils were administered.

He said: “When we came in, we actually set up these seven committees and an additional one that is meant to look into the affairs of the local government and LCDAs.

“They went to court, got an injunction through the back door saying we should not be doing the review. I have not seen it anywhere in the world where you say to people that you want to investigate an issue and they say you cannot poke your nose into what is your own business. Well, I have bad news for them. Though we will obey court orders, it’s only a matter of time. We will eventually look into the issues surrounding the local government administration.

“The time frame for us to implement these recommendations will not be more than four weeks because nations are not built on wishful thinking. We have taken hard look at some of the challenges we are faced with. Bola Ige Market, for instance, I was there during the electioneering. This is a market that was built to be an international market. The market is dirty. The car park has been turned into something else and we also have different kinds of illegal structures there. By the way, my mother also has a store there. If any store is acquired illegally, it will be brought down because nobody is above the law, not even me.

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“So, we will look at what you have written and what is very clear is, we have hard decisions ahead of us. And I give you the assurance that I will take those hard decisions.”

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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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