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T.Y Danjuma donates $1.36million USD to UI College of Medicine

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T.Y Danjuma donates $1.36million USD to UI college of medicine
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A former Nigeria’s Chief of Army Staff, Lt. General Theophilus Danjuma, has donated a total of $1,363,108.43 to the College of Medicine, University of Ibadan (CoMUI) to build hostel for students.

The donation made through the T.Y Danjuma Foundation, was in response to an earlier request by the College towards the realissation of the student hostel building project.

The sum, which will be used to build the Block D of the hostels is said to be the highest donation so far by an individual to the course of the project.

The Provost, CoMUI, Professor Olayinka Omigbodun made the disclosure during a joint press conference organised by the College of Medicine, University of Ibadan and the Ibadan College of Medicine Alumni Association (ICOMAA) shortly after the turning of sod of the hostel facility to be built with the donation.

The donor was represented at the Sod turning ceremony by his wife, Senator Daisy who was accompanied by her sisters, Mrs. Vicky Falope, a former permanent secretary to the Oyo State Government, and Dr. Edugie Abigail Abebe, a former federal Permanent Secretary.

Address journalists, the Provost, flanked by s Co-Chair of the Project Building Committee, Prof Gbemisola Oke and Deputy Provost of the College, Prof Adefatai Adeniyi, explained that the envisioned 280-room hostel, encompassing blocks A, B, C, D, E, and F, alongside a utility building, is designed to house a total of 664 students.

Building the hostel, she noted, was critical to the re-accreditation of the College of Medicine, University of Ibadan by the Medical and Dental Council of Nigeria (MDCN).

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She added that the project which is in partnership with the Ibadan College of Medicine Alumni Association Worldwide (ICOMMA WW) is an alumni-driven initiative which is ongoing in phases.

Narrating how tough and difficult it had been to get the project to its current level, Prof Omigbodun said the donor has showed again his love and passion for the good of the ordinary people calling on others to emulate him.

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She said, the donation will be towards the building of an entire building out of the six that forms the entire project.

Also in their separate remarks, the President ICOMAA Worldwide, Prof Emmanuel Otolorin and a Platinum donor, Dr Modupe Sokunbi who joined the press conference online thanked General Danjuma for the donation and support towards the actualisation of the project.

They lamented that although there are many individuals in the country with the means and wherewithal to help actualize the project but accessing and reaching out to them had been very difficult.

The duo appealed to other individuals to come to the aid of the College of Medicine to ensure the timely completion of the project urging then to take a cue from the retired Army boss. (Nation)

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Peter Obi should be held responsible for anarchy arising from August 1 hunger protest – Presidency

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Bayo Onanuga
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Bayo Onanuga, a senior to President Bola Tinubu, has alleged that supporters Mr Peter Obi, former presidential candidate of the Labour Party, LP, are planning mayhem in Nigeria.

Onanuga claimed that the proposed nationwide protests were being planned by Obi’s supporters, whom he described as failed presidential candidate.

According to him, Obi should be held responsible for whatever crisis that would emanate from the action.

In a post on his X handle on Saturday, Onanuga said the proposed protest planners are also the same people who were instigated by the incarcerated IPOB leader, Nnamdi Kanu to launch the destructive ENDSARS protest in Nigeria in October 2020.

He wrote: “REVEALED: Peter Obi’s supporters are the people planning mayhem in Nigeria: Obi should be held responsible for anarchy

“Don’t be fooled: the malcontents planning to stage nationwide protests are supporters of Peter Obi, the failed presidential candidate of the Labour Party. And he should be held responsible for whatever crisis emanates from the action.

“The protest planners are also the same people who were instigated by IPOB leader Nnamdi Kanu to launch the destructive ENDSARS protest in Nigeria in October 2020. ENDSARS began as a genuine protest by youths against the Police Special Anti-Robbery Squad, notorious for its high-handedness. IPOB members planning to extricate the South East region from Nigeria infiltrated the protest and hijacked it for their own agenda. Lagos still bears the scar of the malicious destruction by IPOB elements until today.

“Two years after ENDSARS, the IPOB and the gullible innocents joined the Labour Party in 2022 to support Peter Obi, a sympathiser of their cause.

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They are the people spreading the hashtags ‘EndBadGovernance’, ‘Tinubu Must Go,’ and ‘Revolution2024’. They are not democrats but anarchists. They are attempting to call out our people via propaganda because their Messiah, Peter Obi, failed to win the Presidency in the 2023 election. As bad losers, they don’t have the patience to wait for another election in 2027; they would rather destabilise Nigeria by staging a civilian coup against President Bola Ahmed Tinubu.

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SEE ALSO:  Rivers: Why our haters hired youths to bomb P’Harcourt hotel — Fubara
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Two brothers drown in FCT River

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Two brothers drown in FCT River
•The river behind the village
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Two brothers, Joshua and Samson, have drowned in a river in Robukya community in Kwali Ward in Kuje Area Council of the FCT.

A relation of the deceased, Musa Abednego, who confirmed the incident to our reporter on Thursday, said it happened on Tuesday around 9am while they were crossing the river.

He said the brothers, Joshua and Samson, were between the ages of nine and 12 and that they were on their way to the farm when the incident happened.

He explained that the victims got drowned following a heavy rainfall which made the river to overflow.

He said, “Their father asked them to hold on after the rain subsided. Unfortunately, they left home to the farm without him knowing.”

Abednego said their corpses were recovered on Wednesday around 4pm through the help of some fishermen, adding they had been buried.

The spokeswoman of the FCT Police Command, SP Josephine Adeh, was yet to speak on the incident.                                              Daily Trust

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CBN intervenes in foreign exchange market

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CBN intervenes in foreign exchange market
Central Bank of Nigeria
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The Central Bank of Nigeria (CBN) has started selling foreign exchange on a regular basis through Authorised Dealer Banks and licensed Bureaux De Change (BDCs) as a response to the current fluctuations in the foreign exchange market.

These fluctuations are primarily caused by the demand pressure coming from corporate entities and the seasonal increase typical during the summer period.

By implementing regular sales of foreign exchange, the CBN aims to stabilise the market and ensure smoother transactions for both businesses and individuals involved in foreign exchange activities.

Director, Financial Markets Department of the CBN Dr Omolara Omotunde Duke in a statement on Friday night assured the public of the bank’s commitment to address the demand pressure and stabilize the foreign exchange market.

Highlighting recent transactions, the CBN disclosed that it sold a total sum of US$106,500,000.00 to 29 authorized dealer banks on Thursday, July 18 and Friday, July 19, 2024.

These transactions took place within an exchange rate range of N1,498.00/US$1 to N1,530.00/US$1. Additionally, the CBN purchased US$9,500,000 (Nine Million and Five Hundred Thousand Dollars) from four authorized dealer banks at rates between N1,510.00/US$1 and N1,550.00/US$1. All these transactions are marked for settlement on July 19, 2024.

The Central Bank also stated its commitment to closely monitor compliance with existing trading rules and regulations by authorized dealer banks. This is seen as an effort to promote ethical conduct and ensure stability in the foreign exchange market.

The general public was also advised to direct their foreign exchange demands to their respective banks and BDC operators, adhering to prevailing market regulations.

SEE ALSO:  Economic Crisis: Huge job losses as 16 multinationals exit Nigeria

With the regular sale of foreign exchange and ongoing monitoring of trading practices, the CBN aims to meet demand pressure, foster stability, and sustain a well-functioning foreign exchange market.

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