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Ajimobi presents N267 budget of stability, receives defector from Accord Party

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Governor Abiola Ajimobi of Oyo State on Thursday presented a budget of N267bn which represents an increase of 28% on the 2017 budget.

The 2018 fiscal appropriation of the state is tagged Budget of Stabilization and it has a difference of N60bn from that of 2017 which had the figure of N207bn.

One of the highlights of the budget presentation was the cross-carpeting of a staunch member of the opposition party in the State House of Assembly, Hon. Joshua Oyebamiji, representing Akinyele State Constituency to the ruling All Progressive Congress (APC).

The budget presentation witnessed the presence of eminent personalities in the state including former Deputy Governor of Oyo State, Ambassador Taofeek Arapaja, Former Senate Leader, Senator Teslim Folarin, Former Speaker of the Oyo State House of Assembly, Ashimiyu Alarape, traditional rulers , led by the Alaafin of Oyo, Oba Lamidi Adeyemi, Aseyin of Iseyin, Oba Salawudeen Adekunle Ajinese 1, Eleruwa of Eruwa, Oba Samuel Adegbola, the Olubadan in Council, Party stalwarts as well as members of the Ibadan Elders Forum led by Ambassador Olu Sanu.

Governor Ajimobi informed the members of the house that the budget submitted for consideration and approval of the legislature stood at N267,436,357,912.19, stressing that detailed facts behind the budget would be made known later by the State Ministry of Finance, Budget and Planning.

The governor explained that the proposed budget is expected to be funded from Internally Generated revenue of N112.10bn, Federation Account N93.68bn, Capital Receipts of N43.72bn, Transfer (LG, JAAC for LGSPB & LGSC) of N7.53bn and an unspent income of N10.40bn from 2017.

Senator Ajimobi said that the structure of the 2018 budgetary proposal reflects the priority the Government has accorded the various sectors in terms of their expected developmental effects, noting that the relative aggregate sectoral allocations were Economic Sector N85.390bn (57.29%), Social Services Sector N54.280bn (36.42%), Law & Justice Sector N0.517bn (0.35%) and General Administration Sector N8.860bn (5.94).

According to him, “The aggregate percentage of 93.71% of the capital expenditure allocated to the economic and social sub-sectors underscores the State Government’s determination to continue to pursue a people-centered, empowerment-focused agenda. We consider this as the best antidote to the problem of poverty amongst our people.

“It is to be recalled that apart from consistently utilizing more than the stipulated minimum of all the recurrent intervention from the federal government to settle salary/pension and arrears, our administration had conceded 100% monthly allocation from the federation accounts to payment of salaries and pensions of the State’s work force,” he added.

The Governor assured that his administration will further strengthen monitoring, supervision and inspection of our teaching staff as well as roll out  policies that will culminate to better performance of students at national and international examinations, adding that the State Government has awarded the construction and renovation of structures in Schools towards the provision of conducive environment for teaching and learning in our various schools with continued restructuring exercise in respect of staff redistribution with emphasis on professionalism and competence.

Governor Ajimobi pointed out that elections into our Local Government Areas and the newly created Local Council Development Areas will hold in 2018, adding “this is intended to bring governance to the door steps of the people and to enhance development at the grassroots. Therefore, the content and structure of this proposal have captured our vision towards achieving this and the continuation of our developmental strides in the 2018 fiscal year.”

He hinted that necessary actions would be taken to further control hazards associated with sanitation and street trading as more neighborhood markets would be established to cut down on centralization of social facilities in the cities which always lead to urban crisis.

He listed areas where rehabilitation and expansion of water projects would be embarked upon in the coming year to include rehabilitation of Igboho water supply scheme at a cost of N474m, rehabilitation of Owode water supply scheme with N200m, expansion of Ogbomoso/Ikoyi-Ile water supply scheme and procurement of water treatment chemical, worth N500m.

In Agriculture, Governor Ajimobi said the State government would to procure sufficient mechanization equipment which could be adapted by youths to enhance mechanized farming in the State.

He said, “It gladdens me to register my sincere appreciation for the wonderful support that our administration has enjoyed from all segments of the State. These range from our highly revered traditional rulers to community, political, opinion leaders, professional and trade groups, market women, civil society and nongovernmental organizations as well as students across all educational levels.

“You have all demonstrated to us your readiness to contribute directly or indirectly to the State’s economic growth. On the other hand, I appeal to tax defaulters to perform their civic responsibilities and join hands with others to contribute to government efforts at advancing the development of the State with its attendant socio – economic benefits,” Governor Ajimobi added.

Receiving the 2018 budget proposal, the Speaker of the Oyo State House of Assembly, Rt Hon Michael Adeyemo promised to support the administration of Senator Abiola Ajimobi and work in harmony with the executive to see to the transformation and repositioning of the State.

He said “We appreciate the good efforts of the Ajimobi-led executive and promise to give prompt and adequate attention to the passage of the 2018 fiscal budget. It is our wish that members will keep up the good work that has transformed into the notable achievements of this administration and we promise to continue working in harmony with the executive to achieve greater yields of democratic dividends for our people.”

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FG vows to tackle power crisis, commissions 3MW solar plant at Abuja varsity

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Joseph Tegbe

The Federal Government has vowed to tackle Nigeria’s power challenges, with the Minister of Power, Joseph Tegbe, assuring Nigerians that the administration of President Bola Tinubu will deliver on its promise of improved electricity supply.

Tegbe gave the assurance on Wednesday in Abuja while commissioning a 3MW solar hybrid power project at Yakubu Gowon University, formerly the University of Abuja.

The project, delivered under Phase II of the Federal Government’s Energising Education Programme, is expected to provide more reliable electricity for teaching, research, laboratories, digital services and other critical activities at the university.

The intervention was implemented by the Rural Electrification Agency through the World Bank-funded Nigeria Electrification Project.

The facility comprises a 3.3MW solar array, 3MW AC output capacity and 2MWh battery storage designed to support critical loads beyond daylight hours. The project also includes 388 solar-powered streetlights to improve lighting and security across the campus.

Speaking at the commissioning, Tegbe said the project demonstrated how investment in electricity could directly support human capital development.

“There is perhaps no better place to demonstrate the practical value of Nigeria’s energy transition than a university,” the minister said.

He explained that universities required dependable power not only for classrooms, but also for research, laboratories, technology, administration and digital services.

Tegbe, who described the commissioning as the beginning rather than the end of the investment, said the government was also working to ensure that renewable energy facilities remained functional over the long term.

He said the newly established Renewable Asset Management Company would play a role in ensuring proper management and maintenance of renewable energy assets.

The minister also disclosed that efforts were underway to extend electricity coverage to other parts of the university, including student hostels, following requests from the institution’s Student Union Government and management.

He said the government would work towards ensuring that other areas of the university were covered within six months.

The Managing Director of the REA, Abba Aliyu, said the Energising Education Programme had evolved from simply providing electricity infrastructure to supporting education, research and human capital development.

According to him, the programme has so far delivered renewable energy infrastructure to 22 federal universities and three affiliated teaching hospitals, deploying more than 100MW of clean energy nationwide.

Aliyu said the experience gained from the projects had shown the need to pay as much attention to maintenance and long-term performance as to construction.

“We have become very good at asking, ‘How do we build more?’ We must now become equally rigorous about asking, ‘How do we protect what we have already built? How do we make it perform? And how do we preserve its value?’” he said.

The Head of the Nigeria Electrification Project, Olufemi Akinyelure, said the impact of the project should be measured beyond the electricity generated.

He said reliable electricity would enable laboratories to function, support research and create better conditions for students and lecturers.

“Government may not be in the business of making profit, but it must always be in the business of making progress,” Akinyelure said.

The Vice-Chancellor of Yakubu Gowon University, Prof. Hakeem Fawehinmi, described the project as a major investment in the institution’s academic mission.

Fawehinmi said the university could not effectively teach, conduct meaningful research, operate laboratories or sustain digital services without dependable electricity.

He assured the Federal Government and other partners that the university would properly utilise and maintain the facility.

Also speaking, the Chairman of the Senate Committee on Power, Senator Enyinnaya Abaribe, said the project underscored the need to connect government investment with sustainable outcomes.

Abaribe urged the university to take ownership of the facility and ensure that appropriate arrangements were made for its operation, maintenance and protection.

Beyond electricity generation, the project includes a Renewable Energy Workshop and Training Centre designed to support practical learning and skills development in renewable energy technologies.

The programme also has a female STEM component aimed at giving students practical exposure to renewable energy and opportunities in the sector.

The project was delivered through collaboration among the Federal Government, REA, the Nigeria Electrification Project, the World Bank, Yakubu Gowon University and EMONE Energy Solutions.

With the facility now commissioned, the focus shifts to keeping it operational and ensuring that improved electricity translates into better learning, stronger research and greater opportunities for innovation at the university.

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IGP Disu seeks NIPR partnership to boost public trust in police

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NIPR President, Dr Ike Neliaku, in a handshake with the Inspector-General of Police, Olatunji Disu, at the Force Headquarters in Abuja on Tuesday.

The Inspector-General of Police, IGP Olatunji Disu, has called for stronger collaboration between the Nigeria Police Force (NPF) and the Nigerian Institute of Public Relations (NIPR) to enhance public confidence in the police.

The IGP made the call on Tuesday when he received a delegation of the NIPR, led by its President and Chairman of Council, Dr Ike Neliaku, on a courtesy visit to the Force Headquarters, Abuja.

According to a statement issued by the Force Public Relations Officer, CSP Ani Iniedu, the IGP emphasised the importance of effective communication, professionalism, transparency and fairness in strengthening the relationship between the police and members of the public.

Disu noted that every police officer was an image-maker of the Force, adding that the conduct of personnel in their daily interactions with citizens had a direct impact on public perception of the police.

He said the Nigeria Police Force (NPF) remained committed to policing by consent and promoting a service-oriented policing culture built on professionalism, empathy, accountability and respect for human rights.

The IGP also sought the support of the NIPR in providing specialised communication training for police personnel and developing a coherent communication framework that would effectively communicate the sacrifices and contributions of police officers to public safety and national security.

Earlier, Neliaku commended the IGP for his professional accomplishments and briefed him on Nigeria’s hosting of the 2026 World Public Relations Forum and Africa Charter Forum.

The international event is scheduled to hold at the Transcorp Hilton, Abuja, and is expected to attract more than 3,000 delegates from 126 member countries of the Global Alliance for Public Relations.

The NIPR delegation also sought the support of the Nigeria Police Force in security planning and coverage for the event.

Neliaku further invited the IGP to serve as a keynote speaker at the forum and encouraged police officers to register and participate as delegates.

The delegation included the Secretary-General of the African Public Relations Association, Dr Omoniyi Ibietan; Dr Suleiman Haruna; Mrs Maryam Sanusi; Mrs Olubunmi Badejo; Commandant Olusola Odumosu; Chief Uzoma Oyegbadu; Chief Moji Makanjuola; Mr Stanley Ogadigo and other members of the institute.

Iniedu said the meeting reflected the commitment of the  Police Force to building productive partnerships with professional bodies and other stakeholders to strengthen public trust, enhance public safety and promote national security.

 

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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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