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African-American Billionaire, Robert Smith To Pay $40m Student Loans Of Moorehouse College Graduates

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Billionaire investor and philanthropist Robert F. Smith has shocked many graduating students of famous Moorehouse College when he announced that he would paying off all their student loans!

For those who know the US system, student loans are the biggest burdens that many graduates face and battle immediately leaving school and this gesture was applauded by all present including Morehouse President David A. Thomas, who learned of the gift at the same moment as the students.

It’s hard to estimate the cost of Smith’s gift to the 2019 graduates of the all-male, historically black college, but it could be in the $10 million range, according to some estimates. There were 396 graduates in the class, and tuition, room and board, and other costs run about $48,000 per year, Thomas said.

The audience exploded in chants of “MVP!” after Smith’s announcement. Thomas said that could have either stood for Most Valuable Player, or as Thomas prefers, Most Valuable Philanthropist, according to report by Washignton Post.

Thomas said the gift will open the door for students to follow their chosen career paths without being saddled by debt.

“It will allow them to more quickly go toward what they are passionate about,” he said. “When you move toward what your passion is, you can make your greatest contribution to the world.”

Smith said he wanted students to understand that part of receiving this gift is that they will also think about taking care of the people behind them when they are able.

“Now, I know my class will make sure they pay this forward,” said Smith, who received an honorary doctoral degree Sunday. “I want my class to look at these [alumni], these beautiful Morehouse brothers, and let’s make sure every class has the same opportunity going forward, because we are enough to take care of our own community. We are enough to ensure we have all the opportunities of the American Dream.”

Smith, founder of private equity and venture capital firm Vista Equity Partners, is worth about $5 billion, according to Forbes He was the wealthiest African American in the country in 2018.

He is the only African American to sign the Giving Pledge, the initiative created by billionaires Bill and Melinda Gates and Warren Buffet in 2010 to “help address society’s most pressing problems” by shifting “the social norms of philanthropy toward giving more, giving sooner and giving smarter.”

He pledged to give away half his net worth to causes that support equality for African Americans and protect the environment.

“I will never forget that my path was paved by my parents, grandparents and generations of African Americans whose names I will never know,” he wrote. “Their struggles, their courage, and their progress allowed me to strive and achieve.”

 

 

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Glo-sponsored African Voices Feature Late basketball Star, Dikembe Mutombo

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CNN International’s magazine programme, African Voices Playmakers, this weekend highlights the contributions of  Late Congolese-American National Basketball Association (NBA) Hall of Famer Dikembe Mutombo  as a humanitarian icon and mentor of young basketball players on the continent. The programme is bankrolled by data solutions provider, Globacom.

Full name Dikembe Mutombo Mpolondo Mukaba Jean-Jacques Wamutombo, he was known simply by his moniker ‘Mount Mutombo’ because of his  defensive  dexterity. He was born on June 25, 1966, in the Democratic Republic of Congo and studied Medicine at Georgetown University in America.  He, however, chose to  follow his passion for basketball, playing for   18 remarkable seasons in the NBA.

Dikembe created the Dikembe Mutombo Foundation to improve the living condition of his folks in the DRC. Unfortunately, he  lost his fierce battle with  brain cancer in September, 2024 at the age of 58.

He however remains a beacon of light to youngsters of African descent on the pitch. This new generation of African basketball players who enjoyed his tutelage  include his son, Ryan, his two nephews and other youngsters from the continent two of whom  are rising NBA stars, Yves Missi and Josh Okogie.

Both 20-year-old Missi, a Cameroonian professional basketball player with the New Orleans Pelicans, and 26-year-old Nigerian-American shooting guard, Okojie, who plays for the Charlotte Hornets in the United States of America  will talk about Dikembe’s influence and their successful careers so far in international basketball.

The 30-minute show will be on air on DSTV Channel 401 at 7.30 a.m. on Saturday with a repeat the same day at 11 a.m. On Sunday, other repeats will be broadcast at   3.30 a.m. and 6.p.m. and on Monday at 3.00 a.m. Further repeats come up at 7.30 a.m. and 11 a.m. on Saturday next week; Sunday at 4.30 a.m. and 7 p.m. and on Monday at 4 a.m.

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Supreme Court Affirms Samuel Anyanwu As Authentic PDP National Secretary

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The Supreme Court has affirmed Samuel Nnaemeka Anyanwu as the authentic National Secretary of the Peoples Democratic Party (PDP)

The five-member panel of the apex court, led by Justice Musa Awani Abba-Aji, in a judgment on Friday, overturned the decision of the Court of Appeal, Enugu division, that upheld Chief Sunday Udo Okoye as PDP National Secretary.

In its decision, the Supreme Court supported Anyanwu’s assertion that both the Court of Appeal and the trial court in Enugu overstepped their jurisdiction, as the case pertained to the internal matters of the PDP.

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Rivers: Falana faults Tinubu on Suspension of Fubara, Other Elected Officers

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A human rights lawyer, Mr. Femi Falana, has described as illegal the decision of President Bola Tinubu to suspend Governor Siminalayi Fubara, his deputy  Ngozi Odu, and all elected members of the Rivers State House of Assembly for a period of six months.

In a statement made available to the media, the senior lawyer said the President’s decision cannot be justified under any of the provisions of the 320 sections of the Constitution of the Federal Republic of Nigeria, 1999, as amended.

While recognizing that Section 305 of the Constitution empowers the President to take extraordinary measures to restore law and order if there is an actual breakdown of public order and public safety in the Federation, Falana argued that the extraordinary measures which may be adopted by the President to restore peace and security do not include the suspension of an elected Governor, an elected Deputy Governor, and the dissolution of other democratic structures.

He, therefore, called on the President to follow the path of constitutionalism without any delay and to proceed to reinstate the suspended Governor Fubara and Deputy Governor Odu and restore all democratic structures in Rivers State.

The learned silk said: “This call is without prejudice to the duty imposed on the President to adopt extraordinary measures to restore law and order in Rivers State under Governor Fubara in strict compliance with the provisions of the 1999 Constitution of the Federal Republic of Nigeria, as amended.”

Below is the full statement

ILLEGALITY OF DISSOLUTION OF ELECTED DEMOCRATIC STRUCTURES IN NIGERIA

The decision of President Bola Tinubu to suspend Governor Siminalayi Fubara, his deputy, Mrs Ngozi Odu, and all elected members of the Rivers State House of Assembly for six months is illegal as it cannot be justified under any of the provisions of the 320 sections of the Constitution of the Federal Republic of Nigeria, 1999 as amended.

No doubt, Section 305 of the Constitution empowers the President to take extraordinary measures to restore law and order if, among other reasons, there is actual breakdown of public order and public safety in the Federation or any part thereof to such extent as to require extraordinary measures to restore peace and security or there is a clear and present danger of an actual breakdown of public order and public safety in the Federation or any part thereof requiring extraordinary measures to avert such danger.

But, the extraordinary measures which may be adopted by the President to restore peace and security in the Federation or in any particular State does not include the suspension of an elected Governor, an elected Deputy Governor and the dissolution of other democratic structures. For the avoidance of doubt, section 45(3) of the Constitution provides that a ‘period of emergency’ means “any period during which there is in force a Proclamation of a state of emergency declared by the President in exercise of the powers conferred on him under section 305 of this Constitution.”

Thus, in accordance with the relevant provisions of the Nigerian Constitution, the office of an elected governor can only become vacant upon death, ill health, resignation, or impeachment. Even where the office of the Governor becomes vacant for any reason whatsoever, the Deputy Governor shall be sworn in as the Governor.

And where the offices of the Governor and Deputy Governor become vacant at the same time, the Speaker of the State House of Assembly shall become an Acting Governor for not more than 3 months. During the 3-month period, a fresh election shall be conducted by the Independent National Electoral Commission for the election of a new governor.

It is pertinent to state that the failure of a House of Assembly to function in Rivers State can not be a justification for the dissolution of democratic structures in any State of the Federation. Indeed, the Constitution had envisaged that a State House of Assembly may not be able to function due to one reason or another. Hence, section 11(4) of the Constitution stipulates as follows:

“At any time when any House of Assembly of a State is unable to perform its functions by reason of the situation prevailing in that State, the National Assembly may make such laws for the peace, order and good government of that State with respect to matters on which a House of Assembly to be necessary or expedient until such time as the House of Assembly is able to resume its functions; and any such laws enacted by the National Assembly pursuant to this section shall have effect as if they were laws enacted by the House of Assembly of the State:

Provided that nothing in this section shall be construed as conferring on the National Assembly power to remove the Governor or the Deputy Governor of the State from office.”

In 2004 and 2006, we condemned the illegal dissolution of democratic structures when President Olusegun Obasanjo imposed emergency rules on Plateau State and Ekiti State, respectively. Regrettably, on both occasions, the Supreme Court refused to determine the constitutional validity of the dissolution of democratic structures on the ground that the suit were procedurally incompetent because they were instituted during the six-month emergency period by the suspended legislators in the name of Plateau State without the authorization of the Sole Administration of the state!

However, in 2013, when a state of emergency was declared in Adamawa, Borno and Yobe States by former Presidents Goodluck Jonathan, we urged him to reject the pressure mounted on by anti democratic forces to remove the elected Governors and dissolve democratic structures in the affected States. President Jonathan followed the path of constitutionalism.

In 2021, the then Attorney-General of the Federation and Minister of Justice, Mr. Abubakar Malami SAN announced the plan of the federal government to declare a state of emergency in Anambra State over insecurity and threat to a complete breakdown of law and order in that part of the Federation We advised President Buhari not to demolish democratic structures even if emergency rule was imposed on the state. President Buhari followed the path of constituionalism.

In the cases of Adegbenro vs. Attorney-General of the Federation (1962) 1 NLR 338 F.R.A. Williams V Dr. M.A. Majekodunmi (1962) 1 NLR 328 the Supreme Court of Nigeria validated the Emergency Powers Act 1961 to justify the dissolution of democratic structures as well as suspension of fundamental human rights in western region. As there is no equivalent of the Emergency Powers Act 1961 under the current constitutional dispensation, the suspension of an elected Governor by an elected President is a constitutional anomaly under the 1999 Constitution.

In Attorney General of the Federation v. Attorney General of Abia State & Ors (2024) LPELR-62576 (SC) filed by the Bola Tinubu administration, the Supreme Court of Nigeria held that the removal of elected chairmen and councilors as well as appointment of sole administrators or caretaker committees by State Governors to run local government councils are illegal and unconstitutional. It follows to reason that the suspension of elected governors and elected members of the House of Assembly by the President is illegal and unconstitutional in every material particular.

To that extent, a serving or retired military officer can not be imposed as a Sole Administrator to govern any state in Nigeria. Similarly, a military officer cannot be appointed by the National Assembly as a Sole Administrator to govern the Nigerian people during a war between Nigeria and another country.

In the Speaker, Bauchi State House of Assembly v Hon Rifkatu Danna (2017) 49 WRN 82 and several other cases, Nigerian Courts have held that the suspension of elected legislators is illegal and unconstitutional. Therefore, the National Assembly should not endorse the illegal suspension of the Rivers State legislators that have not defected from the People’s Democratic Party to the All Progressive Congress. Instead of approving the illegal dissolution of democratic structures in Rivers State, the National Assembly should assist Governor Fubara by invoking its powers under section 11 (4) of the Constitution “to make laws for the peace, order and good government of that State”

Therefore, we are compelled to call on President Bola Tinubu to follow the path of constituionalism without any delay. The President should proceed to reinstate the suspended Governor Fubara and Deputy Governor Odu and restore all democratic structures in Rivers State. This call is without prejudice to the duty imposed on the President to adopt extraordinary measures to restore law and order in Rivers State under Governor Fubara in strict compliance with the provisions of the 1999 Constitution of the Federal Republic of Nigeria, 1999 as amended.

Femi Falana SAN

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