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‘We have reached agreement with FG to construct Oyo-Iseyin road’ – Makinde
Governor ‘Seyi Makinde of Oyo State, on Friday, said that preliminary works have begun on the planned Iseyin-Ogbomoso road.
The governor, who stated this in Iseyin, while attending the 8th Day Fidau prayer of the mother of the State Chairman of the Peoples Democratic Party (PDP), Alhaji Omokunmi Mustapha, added that his administration will ensure the road is completed before the end of his tenure.
He said that survey works on the new road have already begun, adding that the new road designed to connect Iseyin to Ogbomoso will boost the economic expansion drive of his administration.
A statement by the Chief Press Secretary to the governor, Mr. Taiwo Adisa, also quoted the governor as saying that the state has also reached an agreement with the Federal Government to construct the Oyo-Iseyin road.
He stated that his government will go ahead with the construction despite the Federal Government’s position that it would not repay the state if it constructs the federal road.
Governor Makinde, to the excitement of the crowd of well-wishers and residents of Iseyin, also declared that his administration will, in the next six weeks, announce the situation of a tertiary institution in the town in line with his promise during the electioneering period.
The statement further indicated that the governor eulogised the late mother of the PDP chairman, Alhaja Nimotallah Alake Olayiwola, stating that she lived an enviable life.
The governor said that only an individual that is blessed by God could live up to 118, as he prayed to God for a long life for her children and those in attendance.
He said: “We want to thank God for Mama’s life and we are here today to celebrate her life. But as a government, we would like to say one or two things. On my way here, I had to time myself when we left Ibadan. From the roundabout in Iseyin here to where the construction of Moniya-Iseyin road stopped is just a 20-minute drive.
“What that means is that by the time they are done, we won’t be spending more than seven minutes to reach that road. And if we add those seven minutes to the minutes one will spend from Ibadan, it means Ibadan to Iseyin won’t exceed 45 minutes.”
Speaking on the readiness of the state government to construct the Iseyin-Oyo road, Governor Makinde said that the state has reached an agreement with the Federal Government to construct the road, saying: “We have formally agreed with the Federal Government to construct the road from Iseyin to Oyo but they wrote in the document that the road belongs to the Federal Government.
“They said if we construct it, they won’t return the money but I told them that they should put whatever money we spend on the road in record, as a government that will refund the money to Oyo State might come into place one day.
“I am also pleased to tell you that survey works have begun on the road that will lead to Ogbomoso from Iseyin. Some are saying we should begin the road construction from Iseyin to Ogbomoso but, by the grace of God, we will not only start it, but we will also complete it in this administration.”
The governor also used the occasion to charge residents of the state on the need to take the issue of security more seriously, stating that security is everybody’s business.
He added that the introduction of the Peace and Security Committee in all local government areas, which will include religious leaders, traditional institution leaders and all stakeholders will help to stem the tide of insecurity in the state.
“Apart from the prayers that you have been praying for us, I also want to urge you to take the issue of security very seriously. Our security is in our hands. We all know what happened recently in Ibarapa and the Oke-Ogun axis.
“There is nothing that is happening in our environment that you are not aware of. If any stranger or visitor enters any environment now, you will see them. So, what we are saying, in essence, is, if you see something, say something to the government. Let us come together and fix the issue of insecurity in our land,” the governor added.
In his response, renowned lawyer and Senior Advocate of Nigeria, Barr. Ahmed Raji (SAN), while giving a vote of thanks, described Governor Makinde as a man of his words, praying to God to uplift him.
“Your Excellency, we want to thank you for three things. First, we want to appreciate you for coming here with your entourage. Secondly, we thank you for the road projects you have embarked on and the promise you have made to continue to construct more roads.
“The third is the commitment on the establishment of a tertiary institution in Iseyin. You told me one on one that you will bring a higher institution to Iseyin and, today, you have declared it, may God reward you abundantly.
“No matter how long you stay in office, you will leave one day but the prayer we have is that God should lift you higher. We really thank you. Oyo State will not witness retrogression under your tenure. You are a promise-keeper. And whoever makes promises and keeps it is who we want at the top.”
Similarly, the Chief Imam of Iseyinland, Alhaji Abdulhakim Olayori, commended the governor for doing well in terms of infrastructure and other aspects of life, saying the governor’s good works are showing and that the people want him to continue the good works for eight years.
“You are doing well; we are seeing your works. You have given us good roads in Iseyin but we want you to also give us a higher institution of learning.
“When someone is doing something good, we tell him to continue. Your works are showing; we want you to continue for eight years,” the Imam said.
The event had in attendance top functionaries of the Oyo State Government, including the Deputy Governor of the state, Engr. Rauf Olaniyan; Speaker of the Oyo State House of Assembly, Rt. Hon. Adebo Ogundoyin, and members of the House of Assembly; Chief of Staff to the Governor, Chief Bisi Ilaka, among others.
Top politicians and chieftains of the PDP in attendance include Senator Gbenga Babalola, former Chief of Staff to the Oyo State governor, Dr. Saka Balogun, Chief Sunday Ogunlade, members of the Oyo PDP State Working Committee, former Oyo North Senatorial chairman of the PDP, Alhaji Yakubu Oladoja, Oyo North Senatorial chairman of the PDP, Alhaji Waheed Oluwakemi, PDP chairmen at the local government levels, among others.
The Minister-designate for Power, Joseph Olasunkanmi Tegbe, has firmly clarified that he never promised to fix Nigeria’s national electricity grid within three months, describing such claims circulating in sections of the media as a misrepresentation of his Senate screening remarks.
A statement issued after his appearance before the Senate stressed that Tegbe was deliberate and cautious in his presentation, avoiding unrealistic timelines while outlining a structured reform pathway for the power sector.
According to the clarification, Tegbe explained that while Nigerians can expect early signs of progress, particularly in grid stabilisation within his first 100 days in office, comprehensive reforms will be guided strictly by technical assessments, stakeholder consultations, and sector realities.
He noted that critical challenges such as gas supply constraints, metering gaps, infrastructure decay, and commercial inefficiencies require coordinated interventions that cannot be resolved through arbitrary timelines.
“My commitment to this distinguished chamber and to Nigerians is clear: we will deliver visible and measurable improvement in the power sector,” Tegbe stated during the screening.
He assured that his focus would include stabilising the national grid, modernising transmission and distribution infrastructure, strengthening commercial frameworks, and enforcing accountability across the electricity value chain.
On tariff policy, the minister-designate reaffirmed that reforms would be carefully designed to balance sustainability with social protection, ensuring that vulnerable households are shielded while also restoring investor confidence in the sector.
The statement further emphasised that Tegbe’s approach reflects discipline, technical understanding, and a reform-minded agenda aimed at delivering lasting solutions rather than short-term political promises.
It added that he remains open to responsible media engagement and constructive clarification where necessary, noting that accurate reporting is essential to public understanding of ongoing efforts to reposition Nigeria’s power sector.
Tegbe reaffirmed his readiness to lead a transparent, results-driven reform process anchored on accountability, realism, and measurable progress.
A grand cultural renaissance celebrating the enduring legacy of legendary Yoruba war hero and statesman, Ogedengbe Agbogungboro, will take centre stage as the 2026 edition of Ogedengbe Fiesta holds from July 29 to 31 across Osun State and Ekiti State.
The three-day heritage festival, unveiled by organisers on Wednesday, is themed, “Ogedengbe Agbogungboro Legacy: Leadership, Security, and Statecraft for Modern Governance in Nigeria.”
The event is designed to preserve Yoruba cultural heritage, deepen historical consciousness, promote tourism and stimulate national conversations on leadership, peacebuilding and governance.
According to the organisers, the fiesta will commence with traditional homage at Atorin and heritage excursions to notable Kiriji War historical sites in Imesi-Ile, where participants will relive significant moments in Yoruba military and political history.
The programme will also feature guided visits to the historic Ogedengbe Cave, Ibu Latoosa Site and the Yoruba Peace Treaty Grove, all regarded as symbolic monuments of Yoruba resilience, diplomacy and unity.
As part of activities lined up for the celebration, participants will tour the gardens of renowned legal icon and elder statesman, Afe Babalola, in Okemesi-Ekiti.
The organisers further disclosed that a Legacy Awards and Hall of Fame Investiture ceremony would hold in Ilesa to honour individuals who have contributed immensely to the promotion of Yoruba culture, leadership and community development.
A distinguished personality lecture in honour of Aare Afe Babalola, SAN, OFR, CON, and Arole Fabunmi of Okemesi-Ekiti is also expected to headline the event, with scholars, traditional rulers, cultural enthusiasts and public intellectuals billed to discuss pathways to strengthening governance and security through indigenous values and historical lessons.
The organisers noted that all activities would commence daily by 11am, adding that the festival would serve as a rallying point for lovers of Yoruba culture, history and tourism across Nigeria and beyond.
They described the fiesta as not only a celebration of the heroic exploits of Ogedengbe Agbogungboro, but also a strategic platform to inspire a new generation of leaders through the ideals of courage, unity, patriotism and visionary leadership.
The Federal Government on Tuesday ruled out any plan to reinstate fuel subsidy despite worsening economic hardship and mounting public pressure.
The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, stated this in Paris, France, during a meeting with global investors alongside President Bola Tinubu.
Oyedele said the government would also not introduce price controls, stressing that market forces remain the preferred mechanism for determining petrol prices.
“We will not bring back fuel subsidy because it creates distortions for the economy, and we won’t introduce price control because we believe in the market,” he said.
The minister argued that the subsidy regime had long undermined economic efficiency, adding that emerging global energy shifts, including developments in Iran, present fresh investment opportunities for Nigeria.
The removal of petrol subsidy in May 2023 triggered a steep rise in inflation, worsening the country’s cost-of-living crisis.
Nigeria’s headline inflation climbed from 22.41 per cent in May 2023 to 34.19 per cent by June 2024 — its highest level in nearly two decades — driven by surging fuel, food, and transportation costs.
Food inflation further accelerated, exceeding 39 per cent by October 2024, while transport fares soared by nearly 300 per cent, compounded by currency devaluation.
Despite the economic strain, Tinubu defended the policy, saying it had stabilised the foreign exchange market.
“Subsidy that was a burden to the entire country was removed, and ever since we have achieved FX stability,” the President said, according to his Special Assistant on Social Media, Dada Olusegun.
In a related statement, the President’s Special Adviser on Information and Strategy, Bayo Onanuga, said the administration’s reforms were aimed at eliminating structural distortions, strengthening macroeconomic stability, and laying the foundation for inclusive growth.
He added that the government remained committed to fiscal discipline and transparency.
Highlighting economic progress, Oyedele disclosed that Nigeria recorded an 11.2 per cent growth in Gross Domestic Product in dollar terms in 2025, describing it as a major step towards the country’s ambition of building a $1tn economy by 2030.
He also pledged that the government would begin publishing quarterly financial reports to enhance accountability and public trust.
Also speaking, the Director-General of the Debt Management Office, Patience Oniha, assured investors of Nigeria’s commitment to prudent borrowing and sustainable debt management.
The Federal Government has continued to defend its reform agenda despite growing public discontent, insisting that the long-term gains will outweigh the current economic pains.
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