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Ajimobi promises shrewd management of endowment fund.

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Governor Abiola Ajimobi of Oyo State has disclosed that the recently introduced health insurance scheme is compulsory for all residents of the state, assuring that funds realized from the N50bn endowment will be judiciously utilized and well accounted for in line with the administration’s tradition of prudence, transparency and accountability.

The governor said that the N650 month subscription fee for the health insurance will be deducted from the salaries of workers in the state, stressing that the workers of state’s contractors will also be mandated to subscribe to the scheme.

Governor Ajimobi made these disclosures on Thursday at the official launch of the N50 billion HealthCare Endowment Fund, which attracted donations and pledges from International organisations, private sectors, government functionaries, traditional rulers and eminent personalities, for the restoration and transformation of government hospitals and health centres in the state held at the International Conference Centre, UI, Ibadan

He said “the recently introduced Health Care Insurance Scheme is a move in this direction.  Our target is the active participation of all and sundry in the development, management and funding of Health Care Services.  While I heartily appreciate the high level of subscription already recorded, I wish to enjoin all those who are yet to register to go forth now to enjoin the benefits.”

The governor explained that there are growing examples in Nigeria where private sector involvement in healthcare delivery is helping in no small measure to complement Government’s efforts in the provision of efficient and sustainable healthcare services, noting that as individuals and corporate bodies, everyone should give back to the system part of what the system has given to us.

Governor Ajimobi stated that private sector involvement in healthcare dates back to 1883 when compulsory sickness insurance was introduced in Germany for some categories of workers. Pointing out that this marked the establishment of the first model of mandatory healthcare insurance in the Western world.

According to him, “Our administration has also realized the fact that we cannot fund the health sector alone without the active support of, and assistance from, the private sector and corporate bodies.  We must, therefore, do all within our capacity to promote and achieve healthy living in our State.

“The endowment fund  will no doubt, take care of most of the issues which have arisen from the dearth of fund owing to the dwindling resources of Government. I therefore charge you all to join us in our avowed commitment to revolutionize the health sector for enhanced service delivery as our administration has identified and treated health as one of the cardinal sectors,” he added.

Governor Ajimobi, who charged everybody to take the issue of their health seriously with regular check-ups, stated that the government has constituted a Board of Trustees consisting of eminent personalities and people of high moral standing to manage the fund, saying “let me assure you all that the Fund we are endowing today will be judiciously utilized and well accounted for in line with our administration’s tradition of prudence, transparency and accountability. As such, you are all assured of prudent application of the fund.”

In his address, the Chief Launcher at the Endowment Fund, Dr Paul Abolo said that health should not a humanitarian issue nor philanthropic, stating that it should be seen as the responsibilities of all to provide quality health care delivery.

The State Commissioner for Health, promised that the fund realized from the endowment fund will be used for equip the state hospitals, assuring that the Primary Health Centre in the state will be upgraded to international standard in the next 6months.

In his own speech, the Consultant on the endowment fund and Managing Director of HealthCare Communications noted that the concept of an endowment fund is  international, stating that 30/40% of investment in Health comes from high networth individuals.

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Nigeria’s Oil Output Rises to 1.68m Barrels Per Day

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Nigeria’s crude oil and condensate production rose to 1.68 million barrels per day in August 2026, representing a 0.4 per cent increase from the 1.67 million barrels per day recorded in July.

The Nigerian Upstream Petroleum Regulatory Commission disclosed this in its latest production report released on Sunday.

Excluding condensate, the country produced an average of 1,500,190 barrels of crude oil per day in August, allowing Nigeria to meet its Organisation of Petroleum Exporting Countries quota for the fourth consecutive month.

Daily combined crude oil and condensate production ranged between 1.64 million barrels and 1.71 million barrels during the month under review.

A breakdown of production by terminals showed that Bonny Terminal recorded the highest output at 320.04 thousand barrels per day, followed by Forcados Terminal with 317.40 thousand barrels per day.

Qua Iboe Terminal recorded an average production of 171.72 thousand barrels per day, while Escravos Oil Terminal posted 131.71 thousand barrels per day.

Bonga ranked fifth among the highest-producing terminals, with an average output of 92.50 thousand barrels per day.

The NUPRC attributed the modest improvement in August production largely to the resolution of operational challenges involving the Single Buoy Mooring at the Erha field.

The commission said the challenges had adversely affected production in the preceding month.

“The restoration of normal evacuation and production operations at the asset contributed positively to overall production volumes during the period under review,” the commission’s spokesperson, Eniola Akinkuotu, said in a statement on Sunday.

The regulator added that production activities across most other producing assets remained relatively stable during the month.

“Production activities across most other producing assets remained relatively stable, with operators sustaining implementation measures aimed at optimising production efficiency, maintaining asset integrity, and minimising operational disruptions,” the statement said.

The latest figures indicate a continued improvement in Nigeria’s oil production, with the country maintaining its OPEC quota compliance for the fourth consecutive month.

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Oyo South: Oseni Approves N100m for Ibadan Community Road Rehabilitation

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The All Progressives Congress (APC) candidate for Oyo South Senatorial District, Hon. Aderemi Oseni, has approved N100 million for the immediate rehabilitation of a major access road linking seven communities in Ido Local Government Area of Oyo State.

Oseni, who represents Ibarapa East/Ido Federal Constituency in the House of Representatives, announced the intervention on Saturday at a town hall meeting with residents and community leaders from Power Line, Awonsoso, Siba, Olupoyi, Balogun, Baba Agba and Agaloke communities.

‎The lawmaker said the decision followed a request by the community stakeholders, who identified the poor condition of the road as their most pressing need. He assured the residents that the rehabilitation would be completed within four months.

‎Oseni said the intervention was part of his commitment to people-centred representation, stressing that his legislative activities had been focused on issues capable of improving the lives of Nigerians.

He said, “Within the three years plus, I have sponsored bills and moved motions that are carefully designed to positively impact the lives and livelihoods of citizens.”

According to him, some of the legislative initiatives include moves to amend the Federal Medical Centres Act to establish a Federal Medical Centre in Ido Local Government Area, stronger sanctions for contractors who fail to execute government projects according to specifications, and measures to improve accountability in the management of public contracts.

Oseni added that he had also advocated subsidised farm machinery for farmers, measures to reduce the cost of cancer treatment, improved food storage through modern silos and processing facilities, as well as urgent action on flooding and recurring building collapses in major cities among several others.

‎The lawmaker said his engagements with communities across Oyo South should not be viewed solely through the prism of the 2027 elections, despite the commencement of political activities.

“My visit here today is not to solicit for votes, but to listen and find practical ways to attend to the requests and plights of my people,” he said.

‎Oseni also disclosed that he had facilitated the distribution of 31 transformers across Ido and Ibarapa, with about 80 per cent of the cost funded through his foundation. He added that  other interventions had included solar-powered street lights, boreholes, bridges, public toilets, educational support,  infrastructure, health care services,  youth and women empowerment, and assistance to artisans, traders and markets across the senatorial district.

The APC chieftain further noted that some youths had also received N1 million each as seed capital to start small businesses.

‎Oseni acknowledged that his primary responsibility as a federal lawmaker was to make laws and provide effective representation, but said the gap created by ineffective governance at the grassroots had made it necessary for him to support communities through interventions.

He urged youths to remain focused and resilient, recounting how he worked as a bus conductor to raise money for his secondary education before becoming an engineer, businessman and legislator.

Earlier,  Chief Muibi Adegoke, Baale of Awonsoso, and Chief Azeez Saka, Baale of Elere Apata, commended the lawmaker for what they described as his performance in legislation and community development. They pledged their support for his political aspiration ahead of the 2027 election.

‎The meeting was attended by traditional rulers, religious leaders, community elders, women and youth leaders from the affected communities.

(c) Mega Icon Magazine 

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Oyo APC Guber Candidate, Alli, Celebrates Archbishop Wale Oke at 70

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The All Progressives Congress (APC) governorship candidate in the 2027 Oyo State election, Senator Sharafadeen Alli, has congratulated the Archbishop of the Sword of the Spirit Ministries, Francis Wale Oke, on his 70th birthday.

Alli, in a statement on Tuesday, described the cleric as one of the foremost spiritual leaders produced by Ibadan, saying his contributions to the spread of Christianity had brought honour to Oyo State and impacted lives beyond Nigeria.

The senator described Oke as a “kingdom general” whose leadership and commitment to the gospel had positively influenced communities and nations across the world.

He said, “On behalf of my family and the APC family in Oyo State, I warmly congratulate one of our state’s most illustrious figures, Archbishop Francis Wale Oke, as he marks the landmark age of 70 years today.

“I join millions of Nigerians in celebrating a generational leader, a reformer and a dependable voice for peace and national development. Your dedication over the last five decades to destiny moulding, spiritual upliftment and the expansion of the Christian faith is unparalleled.”

Alli also commended the archbishop’s leadership qualities and his achievements in various capacities, particularly as the National President of the Pentecostal Fellowship of Nigeria.

The APC candidate noted that Oke’s influence extended beyond the pulpit, describing his years of service as a testament to his commitment to spiritual development and nation-building.

He prayed for continued grace, good health and many more years of fruitful service for the celebrant.

“As you continue to expand the Kingdom and impact destinies, I pray for renewed grace, robust health and many more fruitful years. Ibadan and Oyo State are immensely proud to have you,” Alli added.

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