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Bill Gates to give away 99% of his wealth

“I have decided to give my money back to society much faster than I had originally planned,” Gates, 69, wrote in a statement.

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The Gates Foundation plans to give away $313 billion over the next 20 years before shutting down entirely in 2045.

The move, according to Bloomberg, marks a new deadline for one of history’s largest and most influential charities.

That target would represent a doubling in spending for the non-profit foundation which has disbursed more than $100 billion since it was co-founded by Microsoft Founder Bill Gates and Melinda Gates in 2000.

Originally, the foundation was set to close 20 years after Gate’s death.

“I have decided to give my money back to society much faster than I had originally planned,” Gates, 69, wrote in a statement.

“I will give away virtually all my wealth through the Gates Foundation over the next 20 years to the cause of saving and improving lives around the world,” he added.

Credit: Bloomberg

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President Tinubu at 74, Donates Salaries to Armed Forces Welfare Fund

As a personal commitment, the President has pledged to contribute all his salaries since assuming office as seed funding for the initiative, reinforcing his resolve to ensure that those who have borne the cost of Nigeria’s peace and security are not forgotten.

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President Bola Ahmed Tinubu has announced the establishment of a dedicated support fund for members of Nigeria’s Armed Forces, those wounded in the line of duty, and the families of fallen heroes.

The President announced the initiative on Sunday, using the commemoration of his 74th birthday, to honour the courage, sacrifice, and service of the nation’s military personnel.

In a statement , Bayo Onanuga the Special Adviser to the President Information and Strategy, said that President Tinubu has directed the Accountant-General of the Federation to establish a special account for the fund, which will provide targeted support to injured service members, as well as to widows, widowers, and children of those who lost their lives in service to the country.

As a personal commitment, the President has pledged to contribute all his salaries since assuming office as seed funding for the initiative, reinforcing his resolve to ensure that those who have borne the cost of Nigeria’s peace and security are not forgotten.

The President called on State Governors, members of the National Assembly, the private sector, his friends, and well-wishers to support the initiative, noting that details of the fund will be made available in due course.

President Tinubu emphasised that the initiative is rooted in a solemn national obligation to care for those who stand in harm’s way and the families who carry the burden of their sacrifice, irrespective of insurance programmes available to members of the armed forces.

President Tinubu also stated that supporting members of the Armed Forces and their families is not an act of charity, but a duty that all must fulfil.

The President reaffirmed his administration’s commitment to strengthening the welfare of military personnel and ensuring that their service to the nation is matched with dignity, care, and sustained support.”

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El-Rufai’ loses mother, Hajiya Umma

She died at a time El-Rufai remains in custody following his arraignment by the Independent Corrupt Practices and Other Related Offences Commission on a 10-count charge bordering on alleged conversion of public property and money laundering. 

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Hajiya Umma El-Rufai, the mother of detained former Kaduna State Governor Malam Nasir El-Rufai, is dead

Her grandson, Hon. Bello El-Rufai, confirmed the development on Friday in a Facebook post:

“Inna lillahi wa inna ilayhi raji’un. I would like to inform the public of the demise of my Grandmother, Hajiya Umma El-Rufai who passed away a few hours ago. She is the biological mother of our father, Mallam Nasir El-Rufai.

We are grateful for the life she lived and may Allah SWT bless her gentle soul. On behalf of our family, we seek your prayers.”

She died at a time El-Rufai remains in custody following his arraignment by the Independent Corrupt Practices and Other Related Offences Commission on a 10-count charge bordering on alleged conversion of public property and money laundering. 

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Kano Deputy Governor Resigns

The decision to step down does not amount to an admission of the allegations leveled against him by the Kano State House of Assembly.

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The Deputy Governor of Kano State, Aminu Abdusalam Gwarzo, has resigned from office ahead an ongoing impeachment process by the State House of Assembly.

Abdulsalam Gwarzo has resigned from office, according to a statement issued by the on.

Spokesperson for Kwankwasiyya Movement , Habibu Mohammed, confirmed the resignation in a statement on Friday, stating that the decision was taken in the overall interest of the people and to ensure stability in the state’s governance.

The Assembly had earlier issued an impeachment notice to the deputy governor over allegations of misappropriation and gave him a two-week ultimatum to respond. The deadline elapsed penultimate Friday,

The statement explained that recent developments had significantly limited the deputy governor’s ability to fully discharge the responsibilities of his office, making it necessary for the position to function without constraints in the public interest.

It, however, clarified that the decision to step down does not amount to an admission of the allegations leveled against him by the Kano State House of Assembly.

The embattled deputy governor who is a strong ally of Rabiu Kwankwaso refused to follow the governor to join the APC.

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