Olusegun Obasanjo
Embattled AfDB chief survives another probe into his conduct
Embattled President of African Development Bank (AfDB), Dr Adewumi Adesina, has survived a second round of investigation into his conduct, giving him a boost in his re-election bid next month. A team of independent auditors demanded for by the US government said they could not find proof he had engaged in corruption or nepotism as anonymous whistleblowers had alleged. The panel was set up on the insistence of the US to review the report of the Ethics Committee of AfDB, which had earlier cleared Adesina of wrongdoings as alleged by whistleblowers. The unanimous report of the independent panel of three said there had been insufficient evidence to prove the allegations. According to the report, the members of the panel said they “considered the President’s submissions on their face and finds ...
Ekiti polytechnic produces hand washing and sanitiding machines
The Federal Polytechnic, Ado-Ekiti, has produced machines for hand washing and sanitiser as part of its contribution to governments’ efforts to contain the spread of COVID-19 in the state. Speaking at the inauguration of the hand-free and pedal-operated equipment on Saturday, the Rector, Dr. Dayo Oladebeye, commended the efforts of the Department of Mechanical Engineering on the initiative. Oladebeye also applauded the functionality of the machine saying that, “it is efficient to use and it is smooth, without any friction.” The rector said that aside the hand washing and sanitising machine products, the Polytechnic has other initiatives that will attract patronages from across the country. “The Polytechnic is already making contacts to present the pedal-operated handwashing and sanitising ...
Presidency: Nothing wrong with taking more loans
There is nothing wrong in taking more loans to finance specific projects, the Presidency said on Sunday. It urged those criticising efforts in borrowing to develop the country, to desist. Presidential spokesman Femi Adesina said Nigeria has more capacity to accommodate loans. He spoke while featuring on Southwest Political Circuit, a popular political interview programme on Ibadan-based radio station, Fresh F.M. Adesina called from his Aso Rock office to take questions on aspects of COVID-19 management and economic issues. He said that there was no need for Nigerians to raise concern about the country’s rising debt profile because the President Muhammadu Buhari administration is applying loans to the specific projects they are meant for. Although he pointed out that the huge debt, which th...
EFCC: Lockdown won’t abort cases against ex-first lady, former governors, others
The lockdown arising from coronavirus appears to have slowed down the fight against corrupt practices in the country for close to six weeks. Meanwhile, the Economic and Financial Crimes Commission, EFCC, says there is no cause for alarm as it will ensure that none of its ongoing investigations and cases in court will be aborted. The Commission is certain that as the federal and state governments begin to reopen the economy, it will ramp up legal actions to bring the suspects of financial crimes to account for their actions. “These suspects will unfailingly have their days in court,” EFCC Acting Chairman, Ibrahim Magu, declared. Documents reviewed by newsmen indicate that the Commission has its hands full of cases awaiting resolution in court, while some cases being investigated are ripe en...
