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Shaibu reacts as Obaseki allegedly locks him out of office

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Governor Godwin Obaseki of Edo State and his deputy, Phillip Shaibu, resumed hostilities on Monday, with the governor allegedly locking him out of his office.

Multiple sources within the government house confirmed that the Deputy Governor attempted to force his way into the personal office of the Governor, along with his security aides.

The Deputy Governor was said to have arrived at the Office of the Governor on Dennis Osadebey Avenue early Monday and tried to confront the governor.

He was, however, told that the governor was not yet in the office, but he insisted on gaining access to the Governor’s personal office.

“All entreatries by the security operatives to him to kindly go back and call the governor if he wanted to see his principal were rebuffed. Instead, he kept pushing the gate, causing a scene. Observers are worried that he may physically attack the governor,” a source said.

Another source explained that the gate to the office of the Deputy Governor and the main entrance leading to the storey building was locked with chains and heavy padlocks.

“Shaibu and his aides waited for about an hour and left. He was said to have made frantic calls trying to reach the Governor but to no avail,” the source added.

Checks revealed that Shaibu had some discussions with the state Commissioner of Police and the State Director of the Department of State Services, DSS, alerting them to his plight.

He was said to have summoned the Government House Camp Commandant, Ibrahim Babatunde, and asked him why he was locked out of his office.

Babatunde reportedly claimed it was a directive from above, adding that the Chief Security Officer, CSO, of the Government House, Williams Wabba, would be in a better position to explain.

When Shaibu called Wabba, he promised to come but never showed up until the deputy governor left.

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IMF Urges Stronger Social Safety Nets to Maximize AI’s Benefit

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International Monetary Fund
– IMF warns of job losses and inequality from generative AI
– Fiscal policy crucial for equal distribution of AI benefits
– Upgrades to social protection and tax systems necessary

The International Monetary Fund (IMF) has sounded the alarm on the potential negative effects of generative AI on jobs and wealth inequality. To mitigate these effects, the IMF recommends implementing stronger social safety nets and fiscal policies.

Accordingly, governments should consider new measures to raise revenue and support workers who lose their jobs due to AI. This includes investing in sector-based training to prepare workers for the jobs of the future.

The IMF emphasizes that fiscal policy has a major role to play in ensuring a more equal distribution of AI’s benefits. However, this requires significant upgrades to social protection and tax systems worldwide.

As the IMF notes, “Fiscal policy has a major role to play in supporting a more equal distribution of gains and opportunities from generative AI.” They argue that more generous unemployment insurance and investment in sector-based training are necessary to prepare workers for the changing job market.

The IMF advises against a special tax on AI products, instead suggesting that corporate tax breaks that encourage job displacement should be reconsidered. Strengthening taxes on capital income could help offset rising wealth inequality.

 

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Police Probe US Businessman’s Sudden Demise in Lagos Hotel

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– US-based businessman Onyejekwe Izuchukwu found dead in Lagos hotel
– Police investigation underway to determine cause of death
– Autopsy to be performed to reveal more details

The Lagos State Police Command has launched an investigation into the sudden death of Onyejekwe Izuchukwu, a 62-year-old US-based businessman. Izuchukwu’s body was discovered in his hotel room in Ikoyi on June 9, 2024.

According to a source, Izuchukwu had been staying at the hotel since June 6, engaging in business activities. Tragically, his lifeless body was found by a cleaner on the floor of his room.

The hotel’s management reported the incident to the police, who have commenced an investigation into the circumstances surrounding Izuchukwu’s death. A doctor was called to the scene and confirmed the businessman’s demise.

Izuchukwu was a prominent figure in the oil and gas industry, having served as President of Bits and Drilling Tools, a division of Schlumberger. His death has sent shockwaves through the industry.

“The command has commenced an investigation into the case,” said Police Public Relations Officer, Benjamin Hundeyin. “Izuchukwu’s corpse has been deposited in a morgue in Ikeja for autopsy.”

 

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