Elon Musk donates almost $2bn of Tesla shares to charity
Twitter and Tesla boss, Elon Musk has disclosed that he gave around $1.95bn worth of shares of his electric carmaker to charity in 2022.The donation of 11.6 million shares was described in a filing with US regulators as “a bona fide gift” even though the filing did not name the recipient, or recipients, of the donation.The document lodged with the US Securities and Exchange Commission showed the donation was made between August and December 2022.It is not the first time Musk has given Tesla stock to charity. He donated around $5.74bn worth of shares in 2021, according to a regulatory filing.He also said on Twitter that year, that he planned to donate $20m to schools in Cameron County and $10m to the city of Brownsville in Texas for “downtown revitalization”.Also on Wednesday, February 15, Musk said that towards the end of this year would be a “good time” to find someone to succeed him as the chief executive of Twitter.”I’m guessing probably towards the end of this year would be good timing to find someone else to run the company, because I think it should be in a stable position around, you know, at the end of this year,” he said.”I think I need to stabilise the organisation and just make sure it’s in a financially healthy place and that the product roadmap is clearly laid out,” he said on a video link at the World Government Summit in Dubai.The multi-billionaire businessman bought Twitter last year for $44bn. He has since said the company was close to bankruptcy.
Abia APGA rejects Governorship Poll results as Labour Party leads
The results of the March 18 governorship poll in Abia state has been rejected by the All Progressives Grand Alliance. The Independent National Electoral Commission has so far announced results in 10 LGAs. In a statement signed on Monday by the APGA Chairman Abia State, Rev. Augustine Ehiemere, the party said it would not accept an election “marred by irregularities.” It, however, urged supporters to remain calm as they await the conclusion of the process. The statement read partly, “The results so far announced did not in any way reflect the will of the good people of Abia voters as demonstrated at the various polling units.“We are highly disappointed that the votes cast for our candidate, Professor Greg Ibe, were suppressed and not credited to him.“Regrettably too, there were brazen irregularities, including snatching of ballot papers, over-voting, unprecedented manipulation and violence against the opposition.“Most of the results were collated without recourse to BVAS machines, hence, they cannot be relied upon.“We appeal to our members to remain calm and watch things unfold. We firmly believe that light will triumph over darkness, and Abia emancipated from the chains of undemocratic forces.“The election was marred with irregularities in all parts of the state, and APGA cannot accept a highly flawed election.” Only ten local government results have so far been collated, and they include; Ukwa East, Umunneochi, Ukwa West, Bende, Isialangwa North, Isialangwa South, Arochukwu, Ugwunnagbo, Isuikwuato and Ikwuano. So far, the results announced puts the Labour Party in the lead with a margin of 13,132.
BREAKING: INEC Declares PDP’s Mutfwang winner of Plateau Gov Election
The Plateau State governorship candidate of the Peoples Democratic Party, Caleb Mutfwang, has been declared as the winner of Saturday’s governorship election by the Independent National Electoral Commission.The result declared by the INEC Presiding Officer, Musa Yusuf, after counting the votes scored by parties that participated in the election shows that Mutfwang had the highest votes beating the All Progressives Candidate, Nentawe Yilwatda.Recall that the PDP governorship candidate was reported to be taking an early lead as of 11 am when INEC resumed collations of results from the 17 local government areas of the state.Details later…
Chimaroke Nnamani dumps PDP after losing Senate Re-Election to LP
Chimaroke Nnamani, the senator representing Enugu East Senatorial District, has dumped the Peoples Democratic Party, PDP,He announced his exit from the PDP after he lost his senatorial bid to the Labour Party.Nnamani also expressed appreciation to his constituents for the unalloyed support over the years.The former Enugu State governor’s formal exit from the opposition party was contained in a statement he signed on Monday.The PUNCH reports how the senator was expelled by the PDP on February 10, 2023, alongside some other key party members for alleged anti-party activities. This is also as he lost his bid to return to the Senate to his rival Kelvin Chukwu of the Labour Party.Nnamani stated that he had consulted with his associates and constituents alike and had decided to quit the PDP on account of irreconcilable differences with the national leadership of the party.Speaking further, he noted that he had moved on and hoped that his modest contributions to the development of his constituency would be the building block on which his successors could build on.While reaffirming his acquaintance with the President-elect, Bola Tinubu, he promised to continue to partner him.The former governor also thanked Nigerians especially the Ebeano political family and urged them to remain steadfast in the years ahead.He further expressed optimism that the Tinubu administration would promote good governance, rule of law and human rights for the interest of all Nigerians.
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