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Oyo APC berates Makinde, Ogundoyin over N7.6b loan controversy 

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The All Progressives Congress (APC)  in Oyo State has berated Governor Oluseyi Makinde and Hon. Adebo Ogundoyin over an alleged express approval granted the governor to obtain a fresh loan of seven billion and six hundred million naira reportedly planned to be spent on Farm Settlements located in Ido/Ibarapa East Federal Constituency of the state.

Media reports had it that the State House of Assembly, on Thursday, gave another express approval for the request of Governor Makinde to again borrow the quoted sum three months after a similar request to obtain a N10b “Infrastructural Loan” was granted making it a total of N17.6b in three months but a statement from the Governor’s media office later claimed that the said loan was secured by the last administration but it could not be utilized before time ran out.

In a statement issued by its Assistant Publicity Secretary, Prince Ayobami Adejumo, and made available to journalists today in Ibadan, Oyo APC condemned what it described as the “conspiracy of bad governance” between Governor Makinde and the Speaker, Oyo State House of Assembly, Hon. Adebo Ogundoyin, over an alleged disrespect for the opinion of majority of his colleagues who had questioned the rationale behind the fresh loan request at the Plenary on Thursday.

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“The current governor has succeeded in bringing the whole machinery of local government administration to a halt completely and to further demonstrate its resolve to drag Oyo State backward by many years within the shortest period of time, we have again been made to see the need for the concerned citizens to beam their searchlight on the PDP administration of Engr. Seyi Makinde as financial indiscipline is now the order of the day in the business of government.

” As much as we would not even like to dwell much on the futile attempt by Gov. Makinde’s media handlers to change the narratives on the controversial fresh loan, the whole world has realized that the present administration is here to mismanage resources and enmesh the state in an inimical debt crisis. Without a clearcut action plan, the Makinde administration has made itself a good customer to many financial institutions as it gets all forms of loans. Unfortunately again, most of these loan transactions are done covertly and to disadvantage of the good people of the state.

“The latest N7.6b loan, as announced, by the state legislature was different from the N10b obtained three months ago even as tongues are already wagging on what has become of the whopping over N17b billion which came into the state government treasury in the month of June alone. Apart from the statutory payment of salaries to government workers, nothing concrete has been done by the PDP government since May 29, 2019.

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“The orchestrated Light-Up Ibadan City Project and purchase of 100 security cars have not come to any fruition even when bogus amount of state funds had been expended on them without any due process. Oyo now has a governor who would always singlehandedly design capital projects and approve funds for their execution without any recourse to State Executive Council. As if this was not enough, he has found an ally in the Speaker who overrules his colleagues at will only to dance to the tune of Mr. Governor.

“It is on record that no significant programme was put in place for the celebration of the Nation’s 59th Independence Anniversary this year because the governor was nowhere to be found. Meanwhile, Governor Makinde who has been ruling the state from unknown destinations in the past three weeks got the Speaker to do a hatchet job on the fresh loan which was hinged on the revamping of two Farm Settlements which are closely located in the same federal constituency. We urge the State Legislature to revisit the matter and act in the overall interest of the entire citizens of the state.” APC said.

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Politics

Insider Claims: Ex-minister Shittu reveals manipulations, fraudulent approvals under Buhari

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Former Minister of Communication, Adebayo Shittu, has made startling claims regarding alleged manipulations and fraudulent activities during the previous administration of ex-President Muhammadu Buhari.

Despite serving as a minister under Buhari’s government, Shittu has voiced concerns over what he perceives as individuals close to the former Nigerian president exploiting their positions for personal gain, resulting in adverse effects on the country’s economy.

In an interview on Tuesday’s edition of Channels Television’s Sunrise Daily, monitored by Mega Icon Magazine, the ex-minister asserted, “Let me tell you, there were a lot of manipulations and we even heard that a lot of the so-called approvals did not emanate from President Buhari.”

He addressed allegations circulating about the previous government resorting to printing money to sustain the economy, stating, “There were a lot of manipulations and fraudulent approvals which did not emanate from the President.”

Shittu remained resolute in his claims, emphasising, “I am telling you confidently that a lot of it did not get his attention.”

He further alleged, “There were a lot of people around the President who exploited their relationship with the President and conspired with the then-CBN governor.”

 

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Putin sworn in for unprecedented fifth presidential term

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In this pool photograph distributed by Russian state agency Sputnik, Russian president-elect Vladimir Putin takes the oath of office during a ceremony at the Kremlin in Moscow on May 7, 2024. (Photo by Alexander KAZAKOV / POOL / AFP)

Russian President Vladimir Putin was Tuesday sworn into office at a lavish Kremlin ceremony for a record-breaking fifth term with more power than ever before.

The 71-year-old has ruled Russia since the turn of the century, securing a fresh six-year mandate in March after winning presidential elections devoid of all opposition.

In his inauguration speech, Putin said that Russia would emerge from the current “difficult” period victorious and stronger, as he took power for a record fifth presidential term.

“We will pass through this difficult, decisive period with dignity and become even stronger,” Putin said at his inauguration ceremony at the Kremlin, attended by an AFP journalist.

“We are a united and great nation,” Putin said in an upbeat speech, to applause from an audience of around 2,500 people including officials and military top brass.

“Together we will overcome all obstacles, achieve everything we have planned, and together we will win,” he said.

He said after being sworn into office that he viewed the presidency as a “huge honour, responsibility and sacred duty”.

The Russian leader vowed to ensure “sustained and stable development, unity and independence of the country”.

Putin thanked soldiers taking part in what Russia calls a “special military operation” in Ukraine, more than two years after it began on February 24, 2022, at a ceremony attended by some of those fighting.

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“We are looking forward confidently,” Putin stressed in his speech, which was aired on national television.

Evoking the country’s “thousand-year history” as he spoke in the Kremlin’s gilded St Andrew’s Hall, the president said that present-day Russians owed a debt to previous generations who achieved “such triumphs that inspire us today”.

He said Russians shared a “firm conviction that we ourselves alone will determine the fate of Russia for the sake of present and future generations”.

Russia is “not refusing dialogue with western states” and is ready to talk about “questions of security and strategic stability”, Putin said, “but only on equal terms, respecting the interests of each other”.

 

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PDP chieftain, Aminu congratulates elected Oyo LG chairmen, councilors

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Hon. Lukmon Aminu, a chieftain of the Peoples Democratic Party (PDP) in  Ibadan North East/South East Federal Constituency of Oyo state,  has extended his congratulations to the newly elected chairmen, vice chairmen, and councilors across the 33 local government councils.

The official announcement of the election results by the Oyo State Independent Electoral Commission (OYSIEC) on April 27th marked a significant victory for the PDP, prompting Aminu to commend Governor Seyi Makinde and the party’s governing council for their success at the polls.

Aminu’s statement, released on Thursday, not only lauded the electoral victory but also praised the active participation of party members and the peaceful conduct of voters throughout the entire process.

He stressed the importance of the newly elected officials recognising their roles as a call to service, particularly in this critical time.

In his message to the newly appointed chairmen, Aminu urged them to uphold fairness and justice, transcending political affiliations, and to remain focused on fulfilling their commitments to the electorate.

He emphasised that true development begins at the grassroots level,  urging them to prioritise the needs of their communities.

Expressing gratitude to the electorate for their overwhelming support of the PDP and its candidates, Aminu underscored the significance of citizen participation in the democratic process.

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