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Makinde Will Surpass Ajimobi in Infrastructure, Human Capital Development – Olatunbosun
The people of Oyo State have been assured that the spate of achievements by the Seyi Makinde-led administration would not decline as the government was working to surpass the previous administrations’ achievement in infrastructure and human capital development.
The State Commissioner for Information, Culture and Tourism, Dr. Wasiu Olatunbosun stated this at the 10th year anniversary of Oke-Ogun FM, a State-owned radio Station at Alaga, Itesiwaju local government on Wednesday.
Olatunbosun said the government was aware of its critics’ model of argument that the pace of achievements made by the incumbent would soon reduce with time, but the Commissioner pointed out that the innumerable feats of governor Makinde within the first hundred days were what he called the icing on the cake of developmental agenda in accordance with the pact the governor signed with the people during campaign.
“Within hundred days in office, Governor Seyi Makinde has made a landmark in security, healthcare system, agriculture, educational advancement, economic expansion,workers’ welfare and accountability but some people are saying that the pace would soon retrogress, I have a news for them, tell them that we are just starting.
“This administration signed a pact of infrastructural and human capital development with the people during electioneering campaign and fulfillment of this pact has just started. They have not seen anything yet.
“The target is to surpass the previous administrations, including the last one in the areas I have highlighted and continue to do those good things people never thought possible till the administration ‘breasts the tape,” he boasted.
He added that the state government would not relent in its continuous efforts towards ensuring total development around the State to attract the foreign investors for partnership.
In his remark, the General Manager, Broadcasting Corporation of Oyo State (BCOS) Prince Dotun Oyelade who was represented by the Director of News, Mrs. Adeola Adedotun sought for the support of the State Government to make Oke -Ogun FM the best among its equals, adding that there was reliable manpower at the station, but there was need for better equipment for effective operations at the Station.
Former Chairman of the Nigerian Communications Commission (NCC), Prof. Adeolu Akande, has extended warm felicitations to Barrister Sarafadeen Ali, the Senator representing Oyo South Senatorial district, on the occasion of his 61st birthday.
In a statement released on Saturday in Ibadan, the Oyo state capital, on Saturday, Akande lauded the lawmaker, describing him as a luminary whose life has been marked by distinguished service to the nation.
“Today, I join the world in celebrating you on your special day, as you mark 61 years of God’s abundant love and glorious impact on humanity,” the former NCC gaffer expressed.
He added, “I wish you many more years of God’s grace in your life.”
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.
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.
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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