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In Pictures: Ooni to commission Ife Grand Resort Friday

• unveils 3000 seater MICE centre, Ostrich hub, industrial park
The Arole Oduduwa & Ooni of Ife, Ooni Adeyeye Enitan Ogunwusi, Ojaja II will on Friday, lead top dignitaries, including Governor Gboyega Oyetola of Osun state to officially launch Ife Grand Resort & Industrial Park, in Ile-Ife.
Contained in a statement by his Director of Media and Public Affairs, Com. Yera Moses Olafare, the Grand Resort, located beside the tollgate on the Ife-Ibadan expressway is a brand new city of hubs driven by urban renewal initiatives of the Ooni Ogunwusi to serve as the hub for sustainable development, fountain of employment generation, radar of empowerment and satellite for branding and showcasing the cultural heritage and value of Ile-Ife, the source and natural headquarters of the Ile Oduduwa race globally.
According to the statement, the huge investment is a legacy project embarked upon by Ooni Ogunwusi for urban renewal and redevelopment into the current smart city global requirements in the selfless spirit of ‘Charity Begins At Home’
The Ife Grand Resort and Leisure, which is planted on over 1000 acres of land will aside from offering facilities for exquisite lodging/accommodation, harbour multiple industrial parks with pockets of industries currently producing many industrial and agricultural products as well as rendering essential services to the resort, the Ife community and Nigeria.
Sitting comfortably within the Ife Grand Resort which is a focal attraction on Friday is the 3000 seating capacity Meeting Incentives Conference and Event(MICE) Centre branded ‘Ojaja Arena’, a complex of architectural wonder planted by Ooni Ogunwusi to add value of relevance to urban renewal in Ile – Ife.
Ooni Ogunwusi disclosed that he deliberately brought the 3000 seating capacity event centre to make Ile-Ife the epicentre of MICE in Africa, saying that the ‘Ojaja Arena’ has been configured and positioned with all facilities to satisfy demands of Meetings, Incentives, Conference and Event adding that it would also shore up intellectual and congregational activities in Ile Ife, the ancient source of mankind.
“We are building a brand new city driven by urban renewal initiative. The Ojaja Arena is basically not built for social activities but a centre for training and manpower development for youths in this country, considering Ile-Ife to have over 500 thousand students of about 20 tertiary institutions; Universities, Polytechnics, Colleges of Education and Schools of Nursing within 100km radius surrounding Obafemi Awolowo University built at the nucleus Centre in Ife over 60 years ago.
The question in my lips has been, what will these young vibrant youths will be doing after tertiary institutions, the best bet is to set up a hub that is technology friendly to boost and drive small and medium scale industries within our country Nigeria by creating a smart city for them to display whatever they can do to become employers of labour after graduation. It is a sad truth that no industries to employ them all. We can only encourage them to create industries for and by themselves because that is the reality on ground”. Ooni said.
The natural traditional head of the House Oduduwa worldwide also revealed that “One of the industrial parks within the Ife Grand Resort Colony, the Adire hub has engaged 50 people, empowered over 150 others and started producing adire in bales which are being exported to foreign countries.
He also disclosed that one of the agricultural parks which specializes in rearing of Ostriches has also employed another set of 40 staff who have started rearing Ostriches in an unprecedented manner with the vision to produce ostrich hides and skin in high commercial quantity for export purposes .
The Co-chairman, National Council of Traditional Rulers of Nigeria(NCTRN) revealed that the various industrial parks have started receiving collaboration and acknowledgement from Africas in diaspora who are willing and ready to train and empower interested individuals in various segments of the park.
“We have received pledges for training and exchange programs between the Brazilian, Cuban and other governments in the carribeans towards the empowerment of Nigerian youths both the male and female folks for post- COVID -19 empowerment action plan”
“We are occupying over 1,000 acres, we are building a brand new city that Urban renewal and it is going to be a itech environment, it is a smart city that will have a hub, industrial hub, Ostrich farming hub, Adire Hub, Green farming, Sport Academy, film and entertainment village. The resort it is a culture and tourism destination that is close to nature. You don’t even have to move around the country.”
“What we’re doing is to replicate this, we have already commenced in Ondo, Oyo and Lagos states and we shall be launching these projects concurrently. It is a means of creating an avenue for our young minds to see Nigeria from a positive perspective, so we’re creating a country from a country.
“A country in the sense that is a localized environment, for them to be there and be successful and reach out to the world like the typical Adire hub that we have done we are exporting to 25 countries now. We are shipping to everywhere in the world and we have agents all over.
“We started that one just three months ago and it is fast gaining global recognition, the same we are going to start organic remedies (Our herbal medicinal products recently launched strategically with YEMKEM). We’ll soon have a factory here from where we’ll send it to the world.
“So it is an industrial park that is fintech driven and it is through fintech that we’re even selling what we are selling at the hub. They place orders from anywhere globally and we ship to them, life is easy for everybody.
“There is equally the African village that reminds us of our ancient ways of living and yet bring it to the modern world, everything that has to do with pan African is there. Then the sporting arena is another industry that is huge, we would have a mini camp for training and development in the sporting world. We are going to have an 18 hole Golf Course.” Ooni said.
The resort is scheduled to host the Grand reception aspect of the installation activities for the Iyalaje of Oduduwa Race worldwide to be conferred on the Lagos business magnate cum philanthropist, Princess (Dr.) Toyin Kolade by the Arole Oduduwa, Ooni Adeyeye Enitan Ogunwusi Ojaja II, the Ooni of Ife on Saturday.
News
Rep Oseni Fetes Agbaje on His Birthday

The House of Representative member representing Ibarapa East/Ido Federal Constituency, Oyo State, Engr. Aderemi Oseni has felicitated with Barrister Akeem Agbaje, a chieftain of the All Progressives Congress (APC), on his birthday.
Oseni, who also chairs the House Committee on Federal Roads Maintenance Agency (FERMA), in a statement by his media aide, Idowu Ayodele, described the celebrant as a man of integrity and an accomplished legal practitioner whose contributions to politics and governance in the state remain exemplary.
He commended the APC stalwart for his unwavering commitment to democratic ideals and party development, adding that his leadership qualities and dedication to service had earned him respect across political and professional circles.
“Barrister Akeem Agbaje is a brother and friend whose wisdom, integrity, and passion for public service stand out. He has remained one of the pillars of support for our great party and has consistently championed policies that uplift the people,” Oseni said.
The lawmaker lauded Agbaje’s efforts in mentoring young professionals and supporting initiatives that promote education and youth development, noting that his impact extended beyond politics.
Oseni prayed for his continued success, good health, and prosperity.
Crime & Court
Edo Tragedy: DSS Arrests Two Over Uromi Mass Killing

Operatives of the Department of State Services (DSS) have arrested two principal suspects allegedly involved in the killing of 16 travellers in Uromi, Esan North-East Local Government Area of Edo State last week.
The Chief Press Secretary to the Governor, Friday Ituah, disclosed this in a statement on Tuesday, confirming that the suspects were apprehended in Uromi town following credible intelligence.
According to Ituah, operatives from various security agencies are actively hunting for other key suspects linked to the tragic incident. He further revealed that the two arrested suspects have been transferred to Abuja for further interrogation and prosecution by the relevant authorities.
Meanwhile, on Monday, the Edo State Governor, Senator Monday Okpebholo, paid a condolence visit to Kano State, where he revealed that 14 suspects had already been arrested in connection with the killings and were also to be moved to Abuja for further questioning.
During his visit, Governor Okpebholo expressed deep sorrow over the incident and assured the victims’ families that justice would be served. He reiterated his administration’s commitment to ensuring that those responsible for the heinous act would be brought to book.
Also, the governor pledged that adequate compensation would be provided to the bereaved families as part of efforts to mitigate their suffering.
News
Nigeria’s Foreign Reserves Surge to $23.11bn

Nigeria’s Net Foreign Exchange Reserve (NFER) reached $23.11 billion by the end of 2024, marking the highest level in over three years. This significant rise reflects improved external liquidity, reduced short-term obligations, and renewed investor confidence.
According to a statement from the Central Bank of Nigeria (CBN), the latest figure represents a remarkable increase from $3.99 billion at the close of 2023, $8.19 billion in 2022, and $14.59 billion in 2021.
NFER provides a more accurate measure of the country’s foreign exchange buffers by adjusting gross reserves to account for near-term liabilities such as FX swaps and forward contracts. Alongside this, Nigeria’s gross external reserves also grew to $40.19 billion from $33.22 billion at the end of 2023.
The CBN attributed this reserve expansion to strategic measures aimed at reducing short-term foreign exchange liabilities, notably swaps and forward obligations. The central bank also credited the improvement to policy actions designed to rebuild confidence in the FX market and enhance reserve buffers, bolstered by increased foreign exchange inflows from non-oil sources.
“This improvement in our net reserves is not accidental; it is the outcome of deliberate policy choices aimed at rebuilding confidence, reducing vulnerabilities, and laying the foundation for long-term stability,” stated CBN Governor Olayemi Cardoso. “We remain focused on sustaining this progress through transparency, discipline, and market-driven reforms.”
Despite seasonal and transitional adjustments in the first quarter of 2025, including significant interest payments on foreign-denominated debt, the CBN noted that the underlying fundamentals remain strong. The bank expects reserves to continue strengthening over the second quarter of the year.
Looking ahead, the CBN anticipates a steady increase in reserves, supported by improved oil production levels and a more favourable export environment. These factors are expected to enhance non-oil FX earnings and diversify external inflows.
“The CBN remains committed to prudent reserve management, transparent reporting, and macroeconomic policies that support a stable exchange rate, attract investment, and build long-term resilience,” the statement concluded.
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