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FG owes Ogun govt. over N300bn for road repairs – Gov. Abiodun

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Ogun State Governor, Mr. Dapo Abiodun has said that the federal government is owning the state over N300 billion as money spent on the rehabilitation of federal roads across the state.

The governor disclosed this while playing host to members of Igbobi College Old Boys Association who paid him a courtesy call in his Oke Mosan office, Abeokuta, the state capital

Lamenting the deplorable condition of most of the federal roads in the state, the governor  said a sum of N13bn would be needed to reconstruct the failed portions of the Lagos-Ota-Abeokuta expressway, adding that N75 billion would be needed to fix the entire stretch of the road.

“The Federal Government is owing Ogun State over N300 billion for the various federal roads we have constructed so far.

“Concerning the Lagos-Ota-Abeokuta expressway, when the engineers were asked to assess the road, they put the cost of reconstructing the failed portions at about N13bn, while the sum of N75bn will be needed to reconstruct the entire stretch of the road. Our State does not have such amount of money”, Abiodun said.

Speaking on his administration’s achievements in the last two and a half years, Abiodun said interventions had been carried out in the education, health, agriculture and road infrastructure and Information Technology, stressing that a Tech Hub had been established to chart a pathway to technological innovations in the state.

He noted that the security architecture in the state had been rejigged to create a conducive business environment.

He further noted that the local fabric of Adire had been revolutionised to enable the people to benefit from its value chain, while 7,000 hectares industrial cluster had been opened at Magboro town, with necessary facilities for investors’ attraction.

The governor called on investors to take advantage of numerous potentials available in the state, saying that land acquisition, hitherto done haphazardly, had been digitised.

“A business promotion agency has also been established for the seamless business relationship between government and investors”,

He emphasized the need for old students associations, NGOs and prominent personalities to join the state government in reforming the education sector.

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FG Declares April 18, 21 Public Holidays for Easter Celebration

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The Minister of Interior, Dr. Olubunmi Tunji-Ojo

The Federal Government has declared Friday, 18 April and Monday, 21 April 2025 as public holidays to mark Good Friday and Easter Monday celebrations across the country.

This was announced in a statement issued on Tuesday by the Permanent Secretary of the Ministry of Interior, Dr Magdalene Ajani, on behalf of the Minister of Interior, Dr Olubunmi Tunji-Ojo.

“Announcing this on behalf of the Federal Government, the Minister of Interior, Dr Olubunmi Tunji-Ojo extended heartfelt congratulations to Christians across the country on this joyous occasion,” the statement read.

The Minister emphasised the significance of Easter, urging Christians to reflect on the virtues of sacrifice, love, and selflessness exemplified by Jesus Christ, who laid down His life for the redemption of humanity.

Dr Tunji-Ojo also encouraged Nigerians to use the holiday period to offer prayers for peace, unity, and stability in the country. He reaffirmed the commitment of President Bola Ahmed Tinubu’s administration to the Renewed Hope Agenda, aimed at driving national growth and development.

In his message, the Minister called on citizens to extend love and goodwill to their neighbours through acts of kindness and generosity, embodying the spirit of Easter.

He concluded by wishing Christians a blissful Easter celebration and extended warm holiday greetings to all Nigerians.

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Pandemonium as Irate Investors Storm CBEX Office in Ibadan

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There was pandemonium on Tuesday at the Ibadan outlet of CBEX, a digital trading asset firm, as angry investors stormed the premises in protest, vandalising property and looting valuables.

The unrest, which occurred in the Oyo State capital, was triggered by reports that investors had been unable to access or withdraw funds from their accounts on the platform for several days. Matters escalated when many of them reportedly discovered that their investments had completely vanished.

The protest, initially peaceful, quickly degenerated into violence, resulting in looting and physical assaults on some staff members of the firm. Witnesses say the situation became uncontrollable as emotions flared and the aggrieved investors accused the company of operating a Ponzi scheme.

The affected investors were said to cut across various walks of life, including artisans, traders, and civil servants, all of whom had put their trust—and money—into the digital trading venture.

It took the intervention of security operatives to restore calm and disperse the rampaging crowd. Officers have since cordoned off the building and maintained a presence overnight to forestall further breakdown of law and order.

As of Wednesday morning, normalcy had returned to the area. Vehicular and pedestrian movement has resumed, with business activities gradually picking up.

Authorities are yet to issue an official statement on the matter, but concerned stakeholders are calling for a thorough investigation into the operations of CBEX to protect future investors from similar occurrences.

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Pandemonium as Irate Investors Storm CBEX Office in Ibadan

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There was pandemonium on Tuesday at the Ibadan outlet of CBEX, a digital trading asset firm, as angry investors stormed the premises in protest, vandalising property and looting valuables.

The unrest, which occurred in the Oyo State capital, was triggered by reports that investors had been unable to access or withdraw funds from their accounts on the platform for several days. Matters escalated when many of them reportedly discovered that their investments had completely vanished.

The protest, initially peaceful, quickly degenerated into violence, resulting in looting and physical assaults on some staff members of the firm. Witnesses say the situation became uncontrollable as emotions flared and the aggrieved investors accused the company of operating a Ponzi scheme.

The affected investors were said to cut across various walks of life, including artisans, traders, and civil servants, all of whom had put their trust—and money—into the digital trading venture.

It took the intervention of security operatives to restore calm and disperse the rampaging crowd. Officers have since cordoned off the building and maintained a presence overnight to forestall further breakdown of law and order.

As of Wednesday morning, normalcy had returned to the area. Vehicular and pedestrian movement has resumed, with business activities gradually picking up.

Authorities are yet to issue an official statement on the matter, but concerned stakeholders are calling for a thorough investigation into the operations of CBEX to protect future investors from similar occurrences.

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