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Adenuga Tops List, Donates N1.5bn to Fight Against COVID-19
By Eric Elezuo
The Chairman, Globacom, Chief (Dr.) Michael Adenuga, has made a whooping donation of N1.5 billion as the fight against the spread of Coronavirus disease takes full speed.
The donation spread into two was made to the Central Bank of Nigeria through its governor, Mr. Godwin Emefiele and the Lagos State government to the tune of N1 billion and N500 million respectively.
In separate letters addressed to the two institutions, Chief Adenuga, also known as the Spirit of Africa, expressed thanks for the effective and relentless efforts being made to curb the harmful COVID-19 disease that is now endangering the life and socio-economic welfare of residents.
Addressing governor Babajide Sanwo-Olu, Adenuga said: “The vrious timely, broad and focused measures being put in place are highly commendable and worthy of support as they shall in due course end the insidious propagation of the dreaded virus. e wish sir, to affirm our unequivocal readiness to work with the Lagos state government in ensuring a smooth and expeditious achievement of Your Excellency’s nobel objectives.”
The Executive Vice Chairman, Globacom, Mrs Bella Disu, was on hand to delivered the letter and the N500 million to the state governor, Sanwo-Olu.
In his letter to the CBN governor, Adenuga said “We applaud that in addition to effecting measures to address the negative impact of COVID-19 disease on the health, finance and other sectors of the economy, The CBN has appropriately launched the Nigerian Private Sector Coalition Against COVID-19; a commendable and worthwhile initiative which deserves the moral and financial support of all stakeholders of the private sector.”
The telecommunication guru also pledged to continue to assist various bodies and institutions in the country with the supply of essential materials such as hand sanitizers, test kits, masks, ventilators among others.
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What is Going on in PDP is Extremely Embarrassing – Dele Momodu
A Peoples Democratic Party chieftain, and celebrated publisher, Chief Dele Momodu, has said that the situation in his party is worrisome and ‘extremely embarrassing’, acknowledging that the one time biggest party in Africa, is facing serious challenges.
Momodu made the remarks while fielding questions on a Channels TV current affairs programme, stressing that he is not ashamed of talking about the problems of the party, and regularly sharing his thoughts on social media.
He further expressed surprise that the party has not suspended or expelled him despite his open criticism.
Momodu described the situation in the PDP as embarrassing, noting that the party should be leading the opposition in Nigeria, but it is not living up to expectations and seems to have lost its direction. According to him, a few individuals have taken control of the party, making it difficult for it to function properly.
“I know that we have very critical problems in PDP, there is no questions. I am not ashamed. Every now and then I tweet or post in Instagram. I speak freely. I am even surprised that they have not suspended or expelled me from PDP because what is going on in PDP is extremely embarrassing. We should be leading the opposition parties in Nigeria but it is like we have virtually given up. We are allowing one or two people to hijack our party,” Momodu said.
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Telecom Executive, Ahmad Farroukh Leaves Globacom
News of the early departure of Mr Ahmad Farroukh from the telecom giant Globacom suggests that he has been eased out in a shakeup by the management, according to an investigation.
“Ahmad Farroukh failed to meet up to expectations within his probationary period and he was politely asked to resign…” said an impeccable source.
“Despite the shake-up, Globacom’s commitment to innovation and expansion continues, reinforcing its competitive edge in a rapidly evolving telecom landscape..” the source further told us.
A former CEO of MTN Nigeria from 2006 to 2010, Farroukh joined Glo in October last year.
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Tinubu in Abu Dhabi, Pledges Support to Build Sustainable World for All
President Bola Tinubu has said Nigeria is ready to work with other nations to build a resilient, equitable, and sustainable world for all.
Tinubu spoke in Abu Dhabi, United Arab Emirates, on the second day of the 2025 Abu Dhabi Sustainability Week.
The president spoke on the topic, “From Climate Imperatives into Economic Prosperity: Bridging Africa with the Global Energy Future.”
He declared that no single nation could walk the road to sustainability alone, stressing that global interconnectedness demand collective action, knowledge sharing, and mutual support.
According to Tinubu, “The fight against climate change is not merely an environmental necessity but a global economic opportunity to reshape the trajectory of our continent and the global energy landscape.
“As leaders, stakeholders and citizens of our planet, we stand at a critical juncture in human history. To succeed, we must innovate, collaborate and act decisively as one global community.”
Reiterating his administration’s commitment to reducing carbon emissions, Tinubu assured the audience that the Nigerian government had developed actionable programmes in line with global expectations, bearing in mind Nigeria’s economic and political expectations.
He said, “We have embraced a vision of sustainability that aligns with global aspirations while addressing local realities. Our efforts are anchored on three pillars: Energy Transition, Climate Resilience, and Sustainable Development.
“My administration recognises the importance of reducing carbon emissions and a just transition to clean and renewable energy, promoting environmental sustainability and economic growth.
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