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Bill Gates To Invest $2b To Fight Climate Change

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Bill Gates To Invest $2b To Fight Climate Change
Bill Gate

Billionaire philanthropist and Microsoft founder Bill Gates plans to invest a total of two billion dollars in projects and start-ups in the next five years to avert climate change.

A report today in the German business daily, Handelsblatt, quotes Gates as saying that innovations are needed to avert a climate disaster.
He said this was not impossible, but would be very difficult.

Gates also called for a five-fold increase in government investment in clean energy research and other climate innovations worldwide within the next decade.

The entrepreneur estimates that research worth at least 110 billion dollars would be needed annually.
In his new book, “How to avoid a climate disaster,” Gates calls for Carbon Dioxide(CO2) emissions to be completely eliminated by 2050 in a bid to avoid enormous environmental and economic damage.

Gates says man must change the physical economy at a pace never seen before.
In addition, he believes that CO2 taxes, certificate trading and alternative energies, such as solar and wind power are indispensable.

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AMCON Denies Dispute With Heyden Petroleum

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The Asset Management Corporation of Nigeria (AMCON) has denied having any dispute with Heyden Petroleum Limited.

In a statement by Jude Nwauzor, Head, Corporate Communications of AMCON, he said that the attention of the corporation had been drawn to a publication in the media regarding a pending litigation between it and Heyden Petroleum Limited .

The statement read: “We hereby notify the general public that AMCON and Heyden Petroleum Limited have settled all issues between them amicably, and Heyden Petroleum Limited has demonstrated commitment to meeting their obligations and has been making payments accordingly.

“Given this latest development, AMCON has formally discontinued its pending litigation against Heyden Petroleum Limited, particularly Suit No. FHC/AMC/67/2024.

“As a responsible debt recovery agency of the Federal Government of Nigeria, it is not the practice of AMCON to engage in a media trial of obligors who are meeting their obligation. Accordingly, the general public is urged to disregard any negative commentaries on the relationship between AMCON and Heyden Petroleum Limited.”

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BREAKING: Chief of Army Staff, Lt. Gen. Lagbaja Is Dead

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By John Michael Ojo

Nigeria’s Chief of Army Staff, Lt. General Taoreed Abiodun Lagbaja, is dead.

Lagbaja’s death was announced by President Bola Tinubu in a statement signed by his aide on information and strategy, Bayo Onanuga.

It reads: “President Bola Ahmed Tinubu, Commander-in-Chief of the Armed Forces, regrets to announce the passing of Lt. General Taoreed Abiodun Lagbaja, Chief of the Army Staff, at age 56.

“He passed away on Tuesday night in Lagos after a period of illness.

“Born on February 28, 1968, Lt. General Lagbaja was appointed Chief of Army Staff on June 19, 2023, by President Tinubu.

“His distinguished military career began when he enrolled in the Nigerian Defence Academy in 1987. On September 19, 1992, he was commissioned as a Second Lieutenant in the Nigerian Infantry Corps as a member of the 39th Regular Course.

“Throughout his service, Lt. General Lagbaja demonstrated exceptional leadership and commitment, serving as a platoon commander in the 93 Battalion and the 72 Special Forces Battalion.

“He played pivotal roles in numerous internal security operations, including Operation ZAKI in Benue State, Lafiya Dole in Borno, Udoka in Southeast Nigeria, and Operation Forest Sanity across Kaduna and Niger States.

“An alumnus of the prestigious U.S. Army War College, he earned a Master’s degree in Strategic Studies, demonstrating his dedication to professional growth and excellence in military leadership.

“Lt. General Lagbaja is survived by his beloved wife, Mariya, and their two children.

“President Tinubu expresses his heartfelt condolences to the family and the Nigerian Armed Forces during this difficult time. He wishes Lt. General Lagbaja eternal peace and honours his significant contributions to the nation.”

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New Education Minister Rejects 18-year Age Limit For University Admission

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Why I Stopped Using Social Media - Tinubu
President Bola Tinubu

It is victory  for university admission seekers who are below 18 years of age as the new Minister of Education, Dr. Tunji Alausa, has abolished the policy barring them.

Alausa also noted the possibility of reviewing the nation’s education policy. But he ruled out the reversal of the Federal Government’s decision to void over 22,700 degree certificates obtained by Nigerians from some “fake” universities in neighbouring Togo and the Benin Republic.

Alausa spoke on Tuesday at his inaugural ministerial press conference in Abuja.

He stated that practical education would help to address the unemployment situation in Nigeria, as tertiary institutions would not continue to churn out graduates every year without providing jobs for them.

The minister said that the federal government would collaborate with private sector operators to train students and realise their potential.

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