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I Won’t Be Part Of Debates On Buhari’s Second Term – Soyinka

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The Nobel laureate, Wole Soyinka, on Monday expressed disgust at the ongoing debate on whether President Muhammadu Buhari should re-contest in 2019.

Mr. Soyinka made this known in Lagos after a press briefing organised by the Wole Soyinka Foundation at Freedom Park.

The Nobel laureate said it was not appropriate to discuss Mr. Buhari’s re-election, saying he would not be part of such a debate.

“Why are we talking about a second term for heaven’s sake? I don’t understand this. I refuse to be part of that discussion. I absolutely refuse to be part of the discussion,” he said.

Commenting further, Mr. Soyinka noted that there are issues plaguing the present administration and that people agitating for state police and other concerns have reasons for such demands.

“Take simple security for instance,” he said, “the average citizen feels less secure now than he did a few years ago: that is evident. When people talk about state police, there are reasons for it. When they talk about bringing policing right down to the community level, they know what they are talking about. This is also part and parcel of reconstruction or reconfiguration.

“The economy, there is a big question about it right now. Fortunately, everybody admits that we went through a very bad patch. Right now, it is a question of have we come out of it or not or there is no question at all.

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“The past few years have been years of real internal economic disaster for the average citizen.’’

He said there was a question of ”who was responsible for the agony the nation was plunged into in the last two years.”

On the need to restructure Nigeria, Mr. Soyinka accused some pundits of several attempts to cheapen the idea.

“It doesn’t matter what name you call it. We all know what we are talking about. We all know that this nation was deconstructed and that what we live in right now as a nation is not along a structure that expresses the true will of Nigerians.

“So, when people use words like ‘restructuring’, ‘reconfiguring’ or call it ‘reconfiguration’, ‘return to status quo’, or call it reformulating the protocols of our association or use a single word like ‘restructuring’, it doesn’t matter. Everybody knows what we are talking about.

“Also, there are those who try to divert the attention away from the main issue by mouthing platitudes, clichés like ‘it is the mind that needs restructuring.’ You know those I am referring to.”

Presidential spokesperson, Femi Adesina recently criticised those calling for restructuring in an opinion piece. He asked such persons to ”restructure their minds first before calling for political restructuring.”

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Mr. Soyinka said: “Restructuring the mind is not the issue. Nobody is saying that the exercise of restructuring the mind should not be undertaken; it should be undertaken. Anybody who indulges in self-examination is already engaging in an exercise of mental and attitudinal reconstruction. We know that. People shouldn’t try to substitute one for the other.

“I find it very dishonest and cheap trivialising the issue when I hear expressions like ‘it is the mind that needs to be restructured.’ Who is arguing or denying that? Why bring it up? Why is it a substitute?

“We are talking about the protocols of association of the constitutive parts of a nation. We are talking of decentralisation. That is another word. This country is over-centralised.

“Are you saying we cannot reconstruct the mind and reconstruct the nation at the same time? Call it by whatever name. We are saying that this nation is long overdue for reconfiguring. That is the expression I choose to use now.”

On concerns raised by some analysts about the propensity of restructuring efforts leading to the disintegration of the nation, Mr. Soyinka dismissed the fear as unfounded.

“I don’t know why people bother. Again, that is another ploy for sidetracking the issue. Nobody is talking about disuniting Nigeria,” he 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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