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Exclusive: Oyo LG Council Where Women Hold Power

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Despite the diversity of culture all over the world, it is axiomatic that no culture consigns the roles of women above those of men. In other words, except in few cases, the worldwide traditional roles of women are subordinate to men’s role. Women occupy a lower status and perform less significant roles in the societies. Culture and Society account for the differentiation and stratification. It is the cultural facts that limit women.

Right from the infancy, boys are motivated to face arduous challenges and given mechanical gadgets that entail risks. They are constantly reminded that they are boys and as future societal leaders, they are supposed to be ambitious, adventurous and persevering. For to ‘persevere’ means to succeed. Though, a common slogan, but it goes a long to reinforce man’s ego and his adventurous spirits.

But, girls, on the other hand, are treated delicately, dressed well and encouraged to wear expensive trinkets to impress not boys but men. They are totally discouraged from partaking in herculean tasks because culturally such tasks are meant for boys.

Interestingly, things have been speedy, for women have removed most of the cultural inhibitions inimical to their progress and emancipation. They have ‘arrived’ not only in developed countries of the world, but also in gradually developing ones like Nigeria and Oyo state in particular.

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It is believed that human world as achieved today would have been a mirage if only men but no women strive. Feminist writers like Marian Levy in his parochial view posited that the human world is “made in women”.

Little then should one wonder that many empires, kingdoms and even modern societies have queen mothers, queen mums, queen dowagers and heroine of all sorts that their folklore flourishes in their wider celebrations in monument of their heroic contributions to the development of society.

Though, there’s still a long way to go towards women’s equal representation in government and society, however, Ibadan South East Local Council Development Area (LCDA), in Oyo state housed female leaders who are making their mark in the modern world.

The Local Council Development Area (LCDA) was created from the present Ibadan South East Local Government  situated at Mapo,  on January, 2017 by the immediate past Governor Abiola Ajimobi led administration; a project inherited from his political leader, late Governor Lamidi Onaolapo Adesina.  Its headquarters is Scout Camp as pronounced by Oyo State Government but still using its temporary office at Ibadan South East Local Government, Mapo.

The present Caretaker Chairperson of the Council Area is Mrs Kehinde Eboda while the Council Manager is Mrs Thomas Morenikeji, the Head of Local Government Administration (HLA) and the number civil servant in the council.

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As if this is not enough, Mrs Ajao Fausat is the Director of  Administration and General Services and Alhaja Zainab Bolomope is in charge of Finance and Supplies.

These sensitive positions can best be described as the live wire of any local government council because decisions that determine the destiny of the council and its people are made by the key stakeholders earlier mentioned.

One of the civil servants in the council who confided in Mega Icon Magazine disclosed that the LCDA is currently witnessing an harmonious working relationship. She, however predicted possible transfer that may separate these female leaders in not too distance future

“Our council is currently enjoying peace, but you know women have a well-deserved reputation for being catty, gossipy, and, well, witchy in the workplace. Women are – dare I say it? – worse to one another than men are to them.

” The root of this psychological complex perhaps comes from a competitive drive stifled by intimidation when working with men or a feeling of more direct competition with women than with men. We should expect transfer letters very soon and I am sure they will also be affected”, the source added.

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Labour union protests Heritage Bank’s dismissal of 1,000 workers

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The headquarters of Heritage Bank at Victoria Island, Lagos, was besieged on Thursday by members of the labour union, protesting the recent dismissal of 1,000 support workers.

The National President of the National Union of Banks, Insurance and Financial Institutions Employees, Comrade Anthony Abakpa, led the demonstration, condemning the bank’s management for what he deemed a lack of adherence to due process in the termination of employment contracts.

Speaking during the protest, Comrade Abakpa asserted that the leadership of Heritage Bank failed to follow established protocols before executing the mass layoffs.

He emphasised the union’s commitment to pursuing justice for the affected workers, vowing to escalate their demands until the bank’s management rectifies the situation.

“We will intensify our demands for justice,” declared Comrade Abakpa, urging the bank’s management to take corrective action to address the grievances of the dismissed workers.

 

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Nigeria not using foreign reserves to defend naira, says CBN governor

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The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, clarified that Nigeria is not utilising its foreign reserves to bolster the naira, despite recent fluctuations in reserve levels.

Speaking from Washington DC, where he is attending the International Monetary Fund-World Bank Spring Meetings, Cardoso highlighted the influx of $600 million into Nigeria’s reserves account within the past two days.

While the naira has experienced a notable appreciation against the dollar in recent weeks, climbing over 40% from approximately N1,900/$ to about N1,000/$1, Nigeria’s foreign reserves have been dwindling. As of April 15, reserves dropped to approximately $32.29 billion, marking the lowest level in over six years.

Cardoso emphasised that the shifts in reserves are typical for any country, where various financial obligations, such as debt repayments, necessitate withdrawals.

He stated, “What you’ve seen with respect to the shift in our reserves is normal in any country’s reserves where, for example, debts are due and certain payments need to be made. They are made because that is also part of keeping your credibility.”

Continuing, Cardoso underscored the dynamic nature of the market, advocating for a system driven by willing buyers, willing sellers, and price discovery.

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He emphasised, “The shift in our reserves has really little or nothing to do with defending the naira, and that is certainly not our objective.”

 

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Dangote Slashes Diesel Price Amidst Economic Optimism

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Dangote Petroleum Refinery has made headlines by announcing a further reduction in the price of diesel, dropping it from ₦1200 to ₦1000 naira per litre.

The refinery’s decision comes on the heels of its recent supply at a significantly reduced price of ₦1200 per litre, which was introduced three weeks ago, signifying a remarkable 30 per cent decrease from the previous market price of approximately ₦1600 per litre.

This substantial reduction in diesel prices at Dangote Petroleum Refinery is expected to reiterate positively throughout various sectors of the economy, potentially serving as a catalyst in alleviating the persistently high inflation rate in the country.

In a statement last week, Aliko Dangote, Africa’s wealthiest individual and the owner of the refinery, expressed his optimism regarding the potential impact of the price reduction on inflation in Nigeria.

“I believe that we are on the right track. I believe Nigerians have been patient, and I also believe that a lot of goodies will now come through. There’s quite a lot of improvement because if you look at it, one of the major issues that we’ve had was the naira devaluation that has gone very aggressively up to about ₦1900,” he remarked.

As anticipation builds around the implications of this move by Dangote Petroleum Refinery, stakeholders and consumers alike remain hopeful for the positive effects it could bring to the Nigerian economy in the coming months.

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