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Aje festival 2021: Ooni charges govt. to direct economic policies at Nigerians

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The Arole Oduduwa & Ooni of Ife, Ooni Adeyeye Enitan Ogunwusi Ojaja II, has charged the federal and state governments to direct economic policies and other laudable programmes at the entire citizenry.

Ooni Ogunwusi, the Co-Chairman of National Council of Traditional Rulers of Nigeria (NCTRN) gave the charge during the 2021 edition of the annual celebration of Aje Festival at his Ile-Oodua palace, on Monday in Ile-Ife globally accepted ancestral home for Yoruba race and all the descendants of Oduduwa home and abroad. .

The Ooni who lauded Muhammadu Buhari-led Federal Government over several economic programmes and policies like the, recent employment of 774,000 Nigerians across the country and other interventions also advised the government to do more for the Nigerian masses by using cultural tourism as a veritable means for economic revolution.

“For us to progress as a country, we must ensure that our wealth goes round especially to the poor and other vulnerable members of the society. We cannot keep having strikingly rich few Nigerians and uncountable ones wallowing in abject poverty. To do this, the government must look at cultural tourism as a veritable tool for revolutionizing the economy before its too late. The Ooni decried.

While explaining the basis for the Aje Festival celebrations, the African foremost monarch who is also the Natural overall father for the Oodua race worldwide explained that it is a unique way through which the Yoruba people globally remember the deity which is known for wealth and riches.

“Aje is a deity which is known for wealth and riches. Its annual celebration as you have witnessed today is to acknowledge its relevance to us as people, especially its indispensable nature to us.

“Did you see the struggle for it during the procession to and from the Aje temple? That is the spirit of Aje, all of us are not rich because it is not easy to accumulate wealth.

“We are not devaluing the currency by spraying it to our people, we only do it on a special day like this to spread happiness. In the olden days, it was cowries, sometimes ago it was coins, nowadays it is naira notes and we hold it in a very high esteem.” The Ooni noted.

Coordinator of the annual Aje Festival, Princess Oluwatoyin Kolade expressed happiness for the massive turnout of participants from within and outside Nigeria without even pre publicity. Toyin Kolade, the Ilesa born international trader and great philanthropist gave all credit to Ooni Ogunwusi for the opportunity given her to contribute to cultural development of the Oodua race, pledging her continued loyalty and commitment to the development of the prestigious Yoruba cultural heritage.

“My father the Ooni is loaded with productive dynamism and great innovations for our race and African continent as a whole, especially in the area of cultural tourism revolution. He appointed me as his cultural ambassador in charge of Aje festival 4 years ago and with his unflinching support I have so far enjoyed, this Aje festival which was merely a local affair before 5 years ago has today become one of the important Nigeria cultural festivals with participants from all over the world. This Ooni is God sent, Wallahi!! “. Toyin Kolade said.

The Oore of Otun-Ekiti & Paramount Ruler of Mobaland, Oba Adekunle Adeagbo, Ajero of Ijero-Ekiti, the Obaro of Kabba Oba Joseph and Onisale of Isale who led the delegation from Republic of Benin were among the traditional rulers joined other dignitaries including Nollywood stars like, Iya Rainbow, Lanre Hassan (Iya Awero) and others to witness the event while the Fuji music maestro, Abass Akande (Obesere) thrilled the guests.

AJE OLOKUN the goddess of wealth is among the loved ones out of the 401 deities(Irunmoles) that formed the first dynasty of mankind known as Ife Oodaye. These deities are still being celebrated in lle-lfe and globally till date.

The main capacity and strength of the goddess of wealth is to provide sufficient wealth and greater economic benefits for whoever worships the Almighty God through her.

AJE can be found everywhere; waters, air, land, trees, fire, among others. It is a deity synonymous with cowries which were being spent globally before the advent of present currencies.

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Politics

2027: Wike backs Tinubu, says PDP will field candidates

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The Minister of the Federal Capital Territory, Nyesom Wike, has said his decision to support President Bola Tinubu’s re-election bid in 2027 does not mean the Peoples Democratic Party will withdraw from other elections.

Wike said he would mobilise support for Tinubu’s second-term bid while the PDP remained free to field candidates for governorship, National Assembly and State House of Assembly elections.

The minister made the clarification in a statement issued on Tuesday by his Senior Special Assistant on Public Communications and Social Media, Lere Olayinka.

Wike also dismissed suggestions that the emerging “rainbow coalition” was an arrangement with the ruling All Progressives Congress, saying it was simply a platform for politicians across party lines to mobilise support for Tinubu.

He said he would not take responsibility for helping politicians win elections in their respective states, insisting that political disputes at the state level should be settled locally.

“Politics is local and those having problems in their States should resolve them instead of using the reelection of the President to whip up sentiments,” Wike said.

The former Rivers State governor recalled that he and other members of the G5 governors did not negotiate with the APC before supporting Tinubu in the 2023 presidential election.

He maintained that his position for 2027 remained centred on securing Tinubu’s re-election and not determining the outcome of other elections.

Wike argued that the 2023 elections showed that Nigerian voters could support different political parties in presidential and National Assembly contests held on the same day.

He cited Imo, Abia, Enugu and Ebonyi states as examples, noting that the APC won some National Assembly seats despite recording relatively low votes for the presidential election in the states.

“In Imo State under Governor Hope Uzodinma, how did APC win two senate seats in 2023, in an election held the same day with that of the President and APC had less than 15 per cent in the presidential election? Was it rainbow coalition? Were the voters confused?” he asked.

Wike further cited the APC’s victories in National Assembly elections in Ebonyi, Abia and Enugu, despite the party’s performance in the presidential poll in those states.

He said the results demonstrated that voters could make different choices in different elections.

“If in 2023, the voters in Imo, Abia, Enugu and Ebonyi voted APC in the Senatorial election and voted another party in the presidential election, they won’t be confused in 2027 provided we all support the president genuinely this time?” he added.

The FCT minister urged political stakeholders to separate the President’s re-election from their individual political battles at the state level.

“What I said and stand for is that I will mobilise support for the reelection of the President. I never promised anyone that PDP will not field candidates to contest governorship, National Assembly and States House of Assembly elections,” Wike said.

He also stressed that the rainbow coalition had no formal connection with the APC.

“Most importantly, rainbow coalition has nothing to do with the APC. Rather, it is own way of mobilising support across political parties for Mr President, who has done well to deserve a second term,” he said.

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Inflation drops marginally to 15.39% — NBS

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Nigeria’s headline inflation rate fell marginally to 15.39 per cent in August 2026 from 15.43 per cent in July, according to the National Bureau of Statistics.

The NBS disclosed this in its Consumer Price Index released on Tuesday, saying the latest figure represented a 0.04 percentage point decline from the previous month.

The statistics agency, however, reported a sharper decline in the month-on-month inflation rate, which dropped to 0.71 per cent in August from 1.57 per cent in July.

The month-on-month rate, according to the bureau, declined by 0.86 percentage points compared with the July figure.

The NBS explained that the development indicated that the rate at which the average price level increased in August was slower than that recorded in July.

The latest data also showed a significant moderation in food inflation, which stood at 19.57 per cent year-on-year in August.

The figure was substantially lower than the 25.30 per cent recorded in August 2025.

On a month-on-month basis, food inflation fell to 1.02 per cent in August from 5.56 per cent in July, representing a decline of 4.55 percentage points.

The NBS said the development showed that food prices were still rising, but at a slower rate during the month under review.

It attributed the decline largely to changes in the average prices of a number of food items, including palm oil, carrots, pepper, onions, cassava flour, beef, yam flour, water yam, melon (egusi), fresh ginger, fresh fish, Irish potatoes, wheat grain, frozen chicken and turkey meat.

At the state level, Adamawa recorded the highest year-on-year food inflation rate in August at 38.85 per cent.

It was followed by Zamfara with 37.96 per cent and Bayelsa with 36.20 per cent.

On the other hand, Borno recorded the lowest year-on-year food inflation rate at -4.04 per cent, followed by Jigawa at -0.23 per cent and Kebbi at 3.47 per cent.

The month-on-month figures presented a different picture, with Katsina recording the highest food inflation rate at 9.48 per cent.

Rivers and Osun followed with 8.86 per cent and 8.32 per cent respectively.

Taraba recorded the lowest month-on-month food inflation rate at -12.42 per cent, followed by Borno at -12.15 per cent and Bauchi at -8.88 per cent.

The latest figures indicate a moderation in the pace of price increases, particularly in the food sector, although the NBS data show that consumers continue to face varying price pressures across the states.

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Politics

N85bn French Loan: Oyo APC Guber Candidate, Alli Warns Makinde Against Diversion

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The Senator Sharafadeen Alli Campaign Organisation has warned the Oyo State Governor, Seyi Makinde, against diverting the €55m French Government concessional loan, valued at about N85bn, from healthcare development to what it described as politically motivated projects.

The organisation said the loan, secured for the improvement of healthcare facilities across the state, should be deployed strictly for the purpose for which it was obtained.

In a statement on Tuesday, the group expressed concern over reports that the state government had constituted a committee to determine how the funds would be rapidly spent, describing the timing as suspicious with the 2027 general elections and the end of Makinde’s administration approaching.

It also noted that repayment of the facility would commence under the next administration, making transparency and accountability in the utilisation of the funds imperative.

The statement read in part, “It has come to our notice that Governor Makinde has constituted a committee to design how the money will be swiftly spent under the guise of executing some projects four months to the general election and eight months to the end of his government.

“It will be recalled that the Oyo State House of Assembly in June this year approved the governor’s curious request to raise N200bn bond to refinance the choking debt into which Makinde has plunged the state.”

The organisation also questioned the state government’s financial decisions, arguing that increased monthly allocations to the state and the 33 local government areas following the removal of fuel subsidy should provide additional resources to tackle pressing developmental challenges.

It said the alleged plan to rapidly deploy the loan was coming at a time when the state was already facing a significant debt burden.

The campaign organisation, however, said it would support any genuine effort by the government to improve healthcare delivery, but demanded full disclosure of how the French facility would be utilised.

It called for the publication of the loan’s terms, disbursement schedule, contractors to be engaged, procurement procedures, implementation timeline and the hospitals expected to benefit from the project.

“Oyo State citizens and residents deserve to know how every euro will be spent. The money must not be seen as another opportunity for inflated contracts, hurried procurements, questionable consultancy fees or projects disguised to primarily fund political activities,” it said.

The group urged Makinde to resist committing the state to contracts or projects that might not be completed or independently verified before the expiration of his administration.

It also called on the Oyo State House of Assembly, civil society organisations, professional healthcare bodies and the media to closely monitor the utilisation of the facility.

According to the organisation, residents of the state need functional hospitals, trained medical personnel, essential medicines and modern medical equipment rather than what it described as “cosmetic renovations” or abandoned projects.

The campaign organisation said it would continue to scrutinise the deployment of state resources, particularly as the 2027 elections approach, and hold the administration accountable for expenditures it considers questionable.

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