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When High Flying Personalities Gathered To Honour OANDO Boss’ Mum Iyalode of Lagos, Bintu Tinubu at 80

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‘’Of all the gifts that life has to offer, a loving mother is the greatest of them all’’ so says a popular quote.
To say that Oando boss, Wale Tinubu and his siblings were blessed with a loving mother is like stating the obvious, their mother, Chief (Mrs.) Bintu-Fatima Tinubu, the Iyalode of Lagos is a one a million whose love and care has guide them to who they are today.
Her love is  sweeter than flower of love.
To appreciate the loving, selfless and hardworking mother, her children Wale, Shola, Iyabo, Kunle, Jide and Olu yesterday gathered the world when the celebrated the woman as she clocked 80 in a blaze of glory.
For the children,  the attainment of the ripe age of 80 is  worth celebrating, particularly in a country, where death is so cheap.
It was a great moment for the Edo State-born businesswoman as her families, friends and business associates gathered to share her gladsome moment with her.
The birthday party is no doubt would be described as a blowout, lively, sparkling, fun, exciting, and enjoyable, it is simply the best so far  in the year 2023.
Trust the Tinubus, they are  detribalised Nigerians whose circle of friends cuts across the various Nigerian tribes that they has built over the years.
They   showcased their  hospitality side as they hosted Who- is-who in high society, including captains of industry, monarchs, politicians, socialites and celebrities, at birthday at  the Grand Ballroom, Eko Hotels and Suites, Victoria Island, Lagos.
It was indeed a night for the high-networth,  high profile and high flying  eminent personalities.
It was obvious that they have a commanding sense of hospitality. It was upscale and finest in all ramifications.
 From the catering to the ushering, no stone was left unturned. Ushers were brought in to perform different tasks; from assigning seats to guests to taking their meal requests and even ensuring that the place was immaculate and clean.
The hall was colourfully decorated with balloons and other aesthetic materials to give it a regal look. The foods were incredibly rich, flavoursome and magically moreish.
Premium and top-quality drinks only meant for the elites flowed like an endless river. Indeed, the gaily guests had no reason to complain as everything was well taken care of.
There was no dull moment as Vintage Band was there to serenade the gaily dressed guests.
The party go to its peak with the King of Juju music, King Sunny Ade that proved that he is still on top of his game as he livened up the atmosphere with his world class beat while guests danced until their legs could no longer carry them.
Some of the guests at the birthday bash include, the governor of Lagos; Babajide Sanwoolu with his wife, Ibijoke Sanwoolu, Ogun State governor; Dapo Abiodun, Kwara State governor, Abdulrahman Abdulrazak, Senator Gbenga Daniel with his wife, Yeye Funke Daniel  Senator Ibikunle Amosun with his wife, Funsho Amosun,  Alhaji Aliko Dangote, Femi Otedola, Tony Elumelu, Abdulsamad Rabiu, Hajia Bola  Shagaya, former Senate President, Bukola Saraki with his wife, Toyin Saraki, Babagana Kingigbe, Folly Coker, Wale Edun, Mo Abudu, Founder and Coordinator of Tinubu Support Group; Hon. Aminu Suleiman, Segun Awolowo, Hajia Abbah Folawiyo, Yomi Awobokun, Among several other eminent personalities.

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News

2024 UTME: JAMB releases more results

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The Joint Admissions and Matriculation Board has released an additional 531 Unified Tertiary Matriculation Examination results.

JAMB said the newly results were the 64,000 earlier withheld because the candidates were suspected to have committed infractions

The board disclosed this in a statement, by its spokesman, Fabian Benjamin.

 

The said: “As promised, the Board is proceeding with the screening of over 64,000 withheld results. It has, however, released additional 531 results taking the total number of results released to 1,842,897. In the course of the exercise, other cases of examination misconduct were also established to make a tally of 92 from the 81 initially discovered.

 

“The Board is also looking at cases of unverified candidates and would soon come up with a position.

“Similarly, the attention of the Joint Admissions and Matriculation Board(JAMB) has been drawn to some fallacious publications purporting that an unknown candidate, who did not sit the Board’s 2024 UTME, obtained scores.

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“This is fake, malicious and a calculated attempt to undermine the integrity of the Board. The public is urged to disregard such irresponsible publications.

 

“To underscore the fact that the publication is crafted by mischief makers to paint the Board in bad light, the publication, which levels such a grievous allegation, has no details of the candidate for proper verification.

“The Board is not surprised as this is the season of mischief makers, who would want to deceive gullible candidates. The examination template of the Board is designed with the highest sense of responsibility and is not an allocation platform where scores are doled out to candidates.

 

“It is most unfortunate that anybody could even believe such narration or that the story could even gain traction given the Board’s integrity.

“This again has gone to further vindicate the Board’s stance that candidates should desist from disclosing their classified details to third-parties.

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“In investigating some of these allegations, the Board discovered that some of these mischief makers copy results sent to other candidates, edit the details sent to themselves and then parade this as emanating from the Board.

“The Board challenges any candidate, parent or anybody with such a claim or information to prove it wrong by coming forward with the details of such claims and the phone number with which such results were conveyed.

 

“The attitude of these mischief makers would only propel the Board to further tighten the process of checking its results to make it more personalized and sure would be stringent when it should actually be a simple and straightforward exercise.

“The Board reiterated that neither its results nor any of its processes have been compromised. Hence, it will continue to protect the integrity of its systems against such malicious actors, who are hell-bent on creating confusion where none existed.

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“Consequently, the Board is primed to adding more features like registration number to the existing UTME Result checking process going forward to make it extra difficult for anybody to edit.

“Candidates are, therefore, urged to securely keep their details secure for if they are found associating with any of these mischievous elements, they would be treated as collaborators.

“For now, the method of checking the 2024 UTME remains sending UTMERESULT to 55019 or 66019 and not through any other process. The result, at the moment, is not on the Board’s website.”

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Business

FULL LIST: 16 banking transactions not affected by new CBN’s cybersecurity levy

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The Central Bank of Nigeria (CBN) has ordered all banks to start charging a 0.5 per cent cybersecurity levy on all electronic transactions within the country excluding 16 listed banking deals.

 

According to a circular signed by the Director, Payments System Management Department, Chibuzo Efobi; and the Director, Financial Policy and Regulation Department, Haruna Mustafa; the cybersecurity would commence two weeks from May 6, 2024.

The apex bank, in the circular, directed to all commercial, merchant, non-interest, and payment service banks, among others; to start the implementation of the cybersecurity charges after two weeks of the information.

 

“The levy shall be applied at the point of electronic transfer origination, then deducted and remitted by the financial institution. The deducted amount shall be reflected in the customer’s account with the narration, ‘Cybersecurity Levy,’” the circular partly read.

 

However, the CBN listed 16 banking transactions exempted from the new cybersecurity levy.

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The exempted transactions are listed below:

1. Loan disbursements and repayments

2. Salary payments

3. Intra-account transfers within the same bank or between different banks for the same customer

4. Intra-bank transfers between customers of the same bank

5. Other Financial Institutions instructions to their correspondent banks

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6. Interbank placements,

7. Banks’ transfers to CBN and vice-versa

8. Inter-branch transfers within a bank

9. Cheque clearing and settlements

10. Letters of Credits

11. Banks’ recapitalisation-related funding – only bulk funds movement from collection accounts

12. Savings and deposits, including transactions involving long-term investments such as Treasury Bills, Bonds, and Commercial Papers

13. Government Social Welfare Programmes transactions e.g. Pension payments

14. Non-profit and charitable transactions, including donations to registered non-profit organisations or charities

 

15. Educational institutions’ transactions, including tuition payments and other transactions involving schools, universities, or other educational institutions

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16. Transactions involving bank’s internal accounts such as suspense accounts, clearing accounts, profit and loss accounts, inter-branch accounts, reserve accounts, nostro and vostro accounts, and escrow accounts.

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Politics

“You don’t exist… I determine your existence”, Fubara tells Rivers assembly members

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Governor Siminialayi Fubara of Rivers state says the existence of members of the state house of assembly is based on his recognition.

Fubara spoke on Monday when some political and traditional leaders from Bayelsa state visited him at the government house in Port Harcourt, the capital of Rivers.

The Rivers governor said members of the state assembly do not “exist”, adding that he decided to “give them a floating” through a peace deal initiated by President Bola Tinubu.

Fubara said he accepted the peace accord on the understanding that there was a relationship between him and members of the state house of assembly.

 

The Rivers governor said he has shown restraint in the political crisis rocking the state despite his powers, adding that the other party did not show such.

He lamented that daily, his supporters suffer intimidation and attacks in the state.

 

“Those group of men who claim that are our assembly members are not assembly members — they are not existing,” Fubara said.

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“I want it to be on record. I accepted that peace accord to give them a floating. That is the truth.

“There was nothing in that peace accord that is a constitutional issue. It is a political solution to a problem.

“It has gotten to a time when I have to make a statement that they are not existing.

“Their existence is me allowing them to exist. If I de-recognise them, they are nowhere.”

 

FUBARA VERSUS RIVERS LAWMAKERS

In the past few months, members of the Rivers state assembly and Fubara have been at loggerheads.

In October 2023, the assembly commenced impeachment proceedings against the governor.

 

The impeachment notice was later withdrawn in December 2023.

 

On several occasions, the assembly has overridden the decision of Fubara not to sign certain bills passed by the lawmakers led by Martin Amaewhule, the speaker.

In January, the Rivers assembly overrode the decision of Fubara not to assent to four bills earlier passed by the lawmakers.

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In March, the assembly again overrode Fubara on the passage of some bills.

 

In April, the assembly did the same for the local government amendment bill.

 

On Monday, the assembly overrode the Rivers governor on the passage of the public procurement amendment bill.

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