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.
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OYO STATE APPROVES EXPANSION OF SOCIAL REGISTER TO SUPPORT VULNERABLE HOUSEHOLDS. (PHOTO).

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 Oyo State Approves Expansion of Social Register to Support Vulnerable Households


The Oyo State Government has approved the expansion of its social register to better identify and assist poor and vulnerable individuals eligible for social intervention programs. 


The announcement was made by Salami Ismail, Acting Coordinator of the State Operation Coordinating Unit, during advocacy and sensitization visits to political leaders and management teams in 12 local government areas participating in the 10th round of the Community-Based Targeting exercise. 


In a statement issued by the Commissioner for Information and Orientation, Dotun Oyelade, Ismail explained that the expansion of the register is part of Governor Seyi Makinde’s commitment to supporting disadvantaged households across the state. The social register, initially launched in 2013 with World Bank funding and later supported by the Federal Government, is updated to include households that have recently fallen into poverty or moved out of vulnerability.


The identification process uses a community-driven approach, with local government teams conducting poverty assessments to rank communities based on verified government data. This effort aims to ensure that aid reaches those most in need.

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