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Ekiti: Sterling bank disburses 2nd phase low interest facility to 202 tourism entrepreneurs

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Standing tall to its  mission of empowering the low cadre tourism entrepreneurs in Ekiti State with the low-interest facility, Sterling bank, on Wednesday 19 May 2021 in Ado Ekiti, credited the accounts of 202 tourism entrepreneurs in Ekiti – State, Nigeria.

The disbursement of the loan was the 2nd phase of the Sterling Bank Tourism Development Fund Initiative, a product planted by Sterling bank  and facilitated by the Office of the Senior Special Assistant to the Governor of Ekiti State on Tourism Development, Ambassador Wale Ojo – Lanre to make fund available to tourism practitioners to boost their trade and expand their business.

At the disbursement ceremony held at the Conference Hall of Ekiti State Ministry of Women Affairs, Block V, Lot II, Ekiti State Secretariat , Prof Rasaki Ojo – Bakare, Ekiti State Commissioner for Arts, Culture and Tourism, who was the Special Guest at the event, said that Governor Kayode Fayemi  was keenly interested in boosting the economic activities of all stakeholders within the ambit of arts, culture tourism, hence, seeking a way of opening doors of financial platforms where the practitioners can  leverage on low interest facilities.

He lauded Sterling Bank for its interest in the development of arts, culture and tourism sector and called on the beneficiaries to make judicious use of the loan adding that it would not only shore up the economy of the state but put them in a firmer financial stead to expand their businesses.

He commended the Senior Special Assistant to the Governor of Ekiti State on Tourism Development, Mr Wale Ojo – Lanre for his innovative tendencies at driving the tourism sector in Ekiti state not only for visibility but economic viability while lauding   the synergy between the Office of the SSA Tourism Development, Bureau of Employment, Labour and Productivity being led by Mr Lanre Ogunjobi and the Special Assistant to the Governor on Informal Sector, Mr Oroya Aladeloye on this scheme

Mr Shina Atilola, Divisional Head of Retail Banking and Customer Banking pointed out that the soft loan scheme to tourism entrepreneurs is strategically conceived by the Managing Director of Sterling Bank, Mr Abubakar Suleiman, to provide a platform where the low cadre tourism entrepreneurs can access fund of low interest.

He said that it was the mission of Sterling bank not only to provide the loan for the beneficiaries but also network their services, craft items and provide to buyers and patrons

Mr Atilola pointed out that Sterling bank is out to empower and enhance the business and economic endeavours of tourism practitioners and stakeholder noting that the sector encompasses almost everything that a typical  traveller will need in a strange land

He commended Governor Kayode Fayemi for being pro-poor and pro – masses in his drive at placing the economic base of Ekiti on a sustainable pedestal by aligning it with low cadre entrepreneurs and for putting proactive and positive-minded persons attending the tourism sector.

Mr Atilola lauded the efforts of Mr Ojo- Lanre, SSA Tourism Development for his doggedness and resourcefulness by networking with Messer   Lanre Ogunjobi, DG, ELP  and Oroya Aladeloye, SA, Informal sector at making the scheme working and walking in Ekiti State

He called on the beneficiaries to be faithful and prompt on repayment schedules as this would accelerate and pave the way quickly for others as the scheme targets 2000 beneficiaries in Ekiti State.

Bola Hamzat and Eniola Eyinafe both beneficiaries of the scheme lauded Governor Kayode Fayemi for networking tourism stakeholders and entrepreneurs in the state to Sterling bank and happy that the soft loan would help in creating employment opportunities in the state.

Mr Ojo – Lanre   commended the Sterling Bank team  especially Mrs Abiola Adelana , Sterling Bank Tourism Desk for her goal-getting strides at pushing the tourism vision of the bank efficiently to Ekiti State , lauded Mr Gbenga  Adegoke, Divisional Head, Product Proposition, and  Ado Ekiti Sterling bank Staff being led by Mr Lekan Afuye  for the success of the first phase disbursement to 90 beneficiaries  and the commencement of the empowerment of  2nd batch for  202  beneficiaries  under  Sterling Bank Tourism Fund Development Imitative in Ekiti State.

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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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Opinion

Seven Factors That Keep Sharafadeen Alli Ahead in 2027 Oyo Governorship Race

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File photo of Sen. Sarafadeen Alli

 

Fact 1: Homegrown Leader with Unmatched Grassroots Experience

Senator Alli’s political journey began at the grassroots level in Ibadan, where he made history in 1991 as the first democratically elected Executive Chairman of Ibadan North Local Government. This early leadership role demonstrates a deep, foundational understanding of local governance and the needs of the people, a critical asset for a state governor.

Fact 2: Rare Combination of Top-Tier Academic and Professional Credentials

Senator Alli is not just a politician but also a distinguished legal practitioner with a Ph.D. in Legislative and Strategic Studies. His extensive education, including degrees from the University of Ibadan, combined with his fellowships from prestigious professional institutes, provides him with the analytical, legal and strategic acumen required to manage the complex affairs of Oyo State.

Fact 3: Proven Executive Administrative Competence at the Highest State Level

His tenures as Secretary to the Oyo State Government (SSG) and later as Chief of Staff (CoS) to the Governor showcase his direct experience in the engine room of state administration.

 

He has been intimately involved in policy formulation, committee leadership and the day-to-day running of the state, making him uniquely prepared to assume the governorship and hit the ground running from day one.

Fact 4: Demonstrated Executive Business Leadership with Regional Impact

As Chairman, Board of Directors of Odu’a Investment Company Limited, Senator Alli was not just an administrator but a visionary economic leader. He spearheaded landmark investments such as the Cocoa Mall and Heritage Mall in Ibadan, which transformed the economic landscape of Oyo State. This proven ability to attract and drive large-scale economic development is directly transferable to governing Oyo State.

Fact 5: Battle-Tested and Consistent Political Figure

Senator Alli’s political career spans more than three decades, weathering the annulment of his 1996 Senate election and consistently remaining a relevant and influential force. He has contested for Deputy Governor and Governor in the past, giving him a comprehensive understanding of statewide campaigns and the diverse political landscape of Oyo State. His journey demonstrates resilience, deep political networks and unwavering commitment.

Fact 6: Current, Performing Senator and Influential Figure

As the sitting Senator for Oyo South, he is actively delivering quality representation, impactful constituency projects and people-oriented legislation. He has sponsored five Bills and raised six Motions to promote development. Senator Alli has also facilitated employment for 100 constituents across Federal Government agencies.

His role as Chairman of the Senate Committee on Agricultural Colleges and Research Institutions, as well as his membership in the ECOWAS Parliament, demonstrate that he is not only focused on local issues but is also equipped with a broader perspective on governance, trade and regional integration.

Fact 7: Unifying and Respected Traditional Title Holder

Senator Alli’s position as the Ekaarun Balogun of Ibadanland, one of the highest-ranking chieftaincy titles in the ancient city, signifies his deep-rooted connection to tradition and his standing as a respected community leader.

His reputation as a calm, wise, simple, relatable and inclusive bridge-builder who unites people across political, religious and ethnic divides positions him as a leader capable of fostering peace, stability and consensus across the entire state.

 

Oladele is the Director of Media & Publicity, Senator Sharafadeen Alli Campaign Organization.

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Politics

Sunday Bandit Attack: Oyo APC Queries Makinde Over N7.8bn Surveillance Aircraft

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The Oyo State chapter of the All Progressives Congress (APC) has questioned the whereabouts and functionality of the surveillance aircraft recently acquired by the state government following Sunday’s attack on an Operation Burst base along the Igbeti-Igboho Road.

The party said the attack, which lasted for more than an hour, raised questions about the deployment of the aircraft, particularly as the incident occurred in the same axis where the government reportedly said the security equipment had been deployed.

The suspected bandits reportedly attacked the Operation Burst base in Oorelope Local Government Area, carting away some items and setting fire to the security post and a vehicle.

No casualty was recorded in the attack.
Operation Burst is a joint security outfit comprising personnel of the Nigerian Army and the Nigeria Security and Civil Defence Corps (NSCDC).

In a statement yesterday, the APC Publicity Secretary, Olawale Sadare, described the incident as a matter of concern and challenged Governor Seyi Makinde to explain the status of the surveillance aircraft.

Sadare said it was ironic that the attackers could operate for more than one hour in an area where the government had reportedly located the base station for the aircraft.

“Just yesterday, the security of the entire Pacesetter State was shaken to its roots when insurgents unleashed terror on the Operation Burst Base located along Igbeti-Igboho Road in Oorelope Local Government Area of the state.

“At the end of the over one-hour operation, the gunmen carted away some important items and set ablaze the security post and a vehicle. Thankfully, no casualty was recorded during the attack,” he said.

The opposition party recalled the state government’s announcement last month that it had received and deployed two aircraft for security surveillance.

According to Sadare, the prolonged attack should prompt the government to explain whether the aircraft were operational and being effectively deployed to monitor vulnerable areas.

“Since the day Governor Makinde celebrated the purported delivery of the two aircraft, nothing has either been heard or felt about their deployment to survey the airspace in the state,” he said.

He added: “Sadly, Igbeti, where the base station for the aircraft was reportedly situated, came under heavy attack for more than an hour and there was no surveillance aircraft to track the attackers and possibly repel them.

“Therefore, it is safe to say that the whole story about security surveillance aircraft is another question begging for answers.”

Sadare also criticised what he described as the huge resources committed to the acquisition of the surveillance aircraft, alleging that the reported N7.8 billion expenditure could have been deployed to other security technologies and facilities.

He further challenged Makinde to account for the increased revenue accruing to the state, rather than concentrating on criticism of the economic policies of the Federal Government.

“On many occasions, Governor Makinde has said that the removal of fuel subsidy and flotation of the naira by the Tinubu administration were designed to punish Nigerians and enrich the governors.

“Going by his claims, he has been enriched tremendously as a serving governor, but the fundamental question is what he has done to transform the life of the common man in Oyo State in the last seven years,” he said.

The APC spokesman alleged that the state government had failed to make adequate use of its resources to address pressing challenges facing residents.

“It is apparent that Governor Makinde has failed to utilise the humongous revenues to transform the state as he continues to waste taxpayers’ money on inanities and cosmetic projects,” Sadare alleged.

The party urged the state government to clarify the operational status of the surveillance aircraft and strengthen security measures in vulnerable communities across the state, particularly in the wake of the latest attack.

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