TRUMP ADMINISTRATION SET TO RECEIVE $10 BILLION FOR FACILITATING TIKTOK DEAL. (PHOTO).

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 Trump administration set to receive $10 billion for facilitating TikTok deal The Trump administration is reportedly set to receive $10 billion for its role in securing the TikTok US deal. According to reports, the group of investors that acquired stakes in TikTok’s U.S. operations—known as TikTok USDS Joint Venture—already paid $2.5 billion when the deal closed in January, with additional payments scheduled until the total reaches $10 billion. The investors include Oracle, Silver Lake, and MGX. The U.S. entity of TikTok was valued at $14 billion by Vice President JD Vance, providing context for the size of the fee. The administration has a history of involvement in major corporate deals, including an $8.9 billion investment in Intel last year that yielded nearly a 9 percent equity stake. In another high-profile move, the Trump administration received a Boeing 747-8 as a gift from the Qatari government in May.

GOV. ODODO UPGRADES TER TIV OF KOGI STATE TO THIRD-CLASS CHIEF.(PHOTO).


 GOV. ODODO UPGRADES TER TIV OF KOGI STATE TO THIRD-CLASS CHIEF


19th October, 2024     


Kogi State Governor, Alhaji Ahmed Usman Ododo, has approved the upgrading of the Ter Tiv Kogi State, Chief Moses Vor, to third-class status in a move to strengthen the relationship between Kogi and Benue states.


This development was announced during a visit by stakeholders, youths, and women groups from the Tiv community to the Government House in Lokoja on Thursday.


Governor Ododo expressed appreciation for the Tiv community’s unwavering support and peaceful coexistence, acknowledging their impressive turnout during the last election in support of the All Progressives Congress. He pledged to appoint Tiv indigenes to his cabinet, fostering confidence that Kogi is home to all


The Speaker of the Kogi State House of Assembly, Alhaji Aliyu Umar, praised the governor for granting the audience, emphasizing the Tiv people’s peaceful nature and contributions to the state’s socio-economic development. He advocated for equal opportunities for the Tiv community to participate in the state’s growth without fear or favor.


Chief Moses Vor, the Ter Tiv and Chairman Traditional Council of Tiv Kogi State, congratulated Governor Ododo on his supreme court victory and reassured him of their unwavering support.


Chief Vor commended the governor’s achievements, particularly the approval of a N72,500 minimum wage, making him the best-performing governor in the northern region.


The event culminated in the presentation of traditional Tiv attire to Governor Ododo by the Tiv people resident in Kogi State, symbolizing their appreciation and solidarity.


By Abah Benjamin Eneojoh

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