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Police allay fears of Oyo residents, travellers over alleged kidnapping on Lagos-Ibadan Expressway

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The Commissioner of Police in Oyo State, Ngozi Onadeko has allayed the fears of residents and travellers of their safety when travelling on the Lagos-Ibadan Expressway.

Onadeko gave the assurance on Tuesday at Onigari on the Lagos- Ibadan expressway, the scene of one of the two reported cases of kidnapping in the state within the past two weeks.

The News Agency of Nigeria reports that bandits had reportedly struck on two separate occasions at Onigari and Ogunmakin areas on the Ibadan end of the Lagos – Ibadan expressway, killing some commuters and abducting yet to be ascertained number of persons.

Onadeko, who led a team of senior police officers, said that her visit to the scene of one of the reported incidents was to carry out a routine check in order to initiate measures to forestall a recurrence

She said that the routine check became imperative following the alleged kidnap at Ogunmakin and Onigaari areas on Lagos-Ibadan Ibadan expressway.

The CP further said that the visit and routine check was initiated jointly with the Police Command in Ogun to ensure that the road was visible and safe for motorists and other road users.

Onadeko said that investigation was ongoing into the recent kidnappings in the areas, which now has been fortified with the heavy security presence.

She said the presence of the security men in the areas would help in maintaining peace and order as well as go a long way at tackling the menace

The commissioner stated further that the command would do all within its capacity to ensure that the people of Oyo state sleep with their eyes closed.

Onadeko appealed to members of the public to stop speculating unconfirmed stories that could deter the genuine movement of people and cause unnecessary panic or unrest in the society.

She advised residents in the state to alert the police or other security agencies of any distressing situation for quick interventions.

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AfDB commits to invest $25bn for energy adaptation in Africa

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The African Development Bank (AfDB) has renewed its commitment to invest $25 billion toward stable energy systems adaptation in Africa.

The AfDB has also disclosed that it will no longer fund coal mining as a measure of supporting global efforts to ameliorate the debilitating effects of climate change.

Dr Akinwumi Adesina, President of the African Development Bank Group stated this at the ongoing 2022 Annual Meetings in Accra, Ghana with the theme: “Achieving climate resilience and a just energy transition for Africa.”

President Adesina said it was time for the continent to prosper.

“Our people deserve this. And so, they should have stable energy systems. We are committed to investing $25 billion for adaptation in Africa. But our efforts will not suffice on their own. At COP15, in Copenhagen, developed countries promised $100 billion a year. They must act now; it is time.

“We will no longer finance coal,” the President said, explaining that “this is the Bank’s adopted position, forming part of our policies in the fight against climate change.”

He pointed out that the other challenge facing the continent is climate change. “Climate change is a threat to the continent. Its effects are devastating. When I look at what happened in South Africa – where floods led to nearly 500 deaths and a lot of damage – or in Mozambique, Madagascar, or the Horn of Africa, land has been swallowed up,” Adesina said.

According to him, “Africa is suffering annual losses from the effects of climate change in the range of $7 billion to $15 billion and this figure will stand at $50 billion by 2040.

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“It will, therefore, take $1.6 trillion between 2020 and 2030 to combat the effects of climate change in Africa.”

He, however, noted that the continent does not receive enough funding to cover its needs as African receives only 3 per cent of global climate funding.

“Also, renewable energy alone cannot meet Africa’s needs. We also need stable energy systems. Natural gas must remain a stable energy system in Africa,” he insisted.

The African Development Bank President thanked all the members of the press gathered at the Bank’s Annual Meetings.

“Thank you for carrying our institution’s actions to the eyes of the world. And with your pens, the Bank’s activities will be brought to all those who are not here, especially those voices for whom we work. We shall all have challenges, but we will never give up. I am proud of what we have accomplished together. We are working hard. And we will continue to make Africa proud,” said Dr Adesina.

The AfDB President outlined the Bank’s plans to address the looming food crisis threatening Africa as a result of the war between Ukraine and Russia.

“I’m optimistic. Africa will not experience a food crisis. We have the means to overcome this challenge!” Adesina said.

He was briefing journalists from 41 countries in Africa and around the world at a media breakfast held to mark the start of the African Development Bank Group’s Annual Meetings, being held in Accra from 23 to 27 May.

“Africa needs only to produce its own food. It should not have to be begging for food. There is no dignity in begging for food,” he added.

The President explained all the efforts made and results achieved in terms of resilient agriculture in East Africa, thanks to the Bank, especially in Sudan and Ethiopia, which have been able to avoid importing wheat thanks to record production of 650,000 tonnes.

He highlighted the importance of the Technologies for African Agricultural Transformation (TAAT) programme for African producers’ resilience.

Dr Adesina pointed out that the Bank Group’s Board of Directors had on Friday approved the $1.5 billion African Emergency Food Production Facility, developed by the institution to address the food crisis looming over Africa due to the Russia-Ukraine conflict.

The facility will provide agricultural seeds to 20 million African producers, and the varieties include wheat, maize, rice and soybeans.

The objective, he said is to produce an additional 38 million tonnes of food and to generate $12 billion in value over the next two years.

“In agriculture, we know what we’re doing. Africa must be a solution for the world in respect of food, and so it shall be. Sixty-five per cent of African land is arable, and the use that Africa makes of this land will determine the future of the entire planet. I’m optimistic. Africa will not experience a food crisis,” Adesina said.

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AfDB commits to invest $25bn for energy adaptation in Africa

AfDB commits to invest $25bn for energy adaptation in Africa

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EFCC investigating Anamekwe Nwabuoku, acting accountant-general – Report

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Anamekwe Nwabuoku, the newly appointed overseer of the Office of the Accountant General of the Federation, OAGF, has corruption allegations and is under investigation by the Economic and Financial Crimes Commission, EFCC.

Recall that Mr Nwabuoku was on Sunday appointed to oversee the office in the absence of the suspended AGF, Ahmed Idris, who has been in the EFCC custody over alleged fraud running into N80billion.

The report added that some of the allegations against him include overpayment to himself in previous MDAs he served.

The newspaper gathered that some of the properties he acquired fraudulently have been recovered by anti-corruption agencies.

One of the sources informed the newspaper that perhaps his major financial crime was allegedly committed while he was the Director of Finance and Accounts, DFA, at the Ministry of Defence where he was said to have enriched himself with internal security funds.

He was allegedly involved in other fraudulent activities and using the Government Integrated Financial Management System, GIFMIS, to steal the salaries of federal government staff.

The GIFMIS is an IT-based system for budget management and accounting. It was adopted as part of a wider Public Service Reform Strategy by the federal government of Nigeria starting in the early 2000s.

Mr Nwabuoku, however, compromised the system and made away with humongous amount of money.

Asked to explain why the federal government opted to appoint a man with such questionable records to oversee an office vacated by an allegedly corrupt AGF, a top official in the Presidency said Mr Nwabuoku was the most senior official in the office.

“He is not acting AGF but overseeing OAGF as the most senior director in the office,” the official declared.

Mr Nwabuoku has few months left to reach the mandatory retirement age for civil servants.

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