News
Oyo: Get ready for unprecedented development, Makinde raises hope
Oyo State Governor, Engineer Seyi Makinde said at the weekend that the people of Oyo State should get prepared for unprecedented development with him at the helm of affairs in the state.
Governor Makinde, who stated this while addressing a mammoth crowd that gathered for a civic reception in his honour at his ancestral village, Ajia, in Ona Ara Local Government Area of the state, said that he was already in talks with the Federal Airports Authority of Nigeria (FAAN) for an upgrade of Ibadan Airport to facilitate Cargo operations and international flights.
A statement by the Chief Press Secretary to Governor Makinde, Mr. Taiwo Adisa, quoted the Governor as saying that agro-allied services would benefit heavily from the impending upgrade of the Airport.
“As I stand in front of you, I promise that I will not disappoint the people of the State. I am telling you here today, prepare yourself for the unprecedented development of the state,” the Governor said, adding that he will reward the people who trusted him with votes with unprecedented development across the state.
The statement also indicated that Governor Makinde restated his commitment towards fulfilling all his campaign promises to the people of the state, noting that his Government has begun different efforts to see to the development of infrastructure, education, agriculture and health sectors in the state.
Governor Makinde, at the event organised by the Ajia and Its Environs Descendant Union, declared that he would not disappoint the people of the state or break the trust that the people reposed in him by delivering good governance to the state and developing its nooks and crannies.
He admonished the youths in Ajia and across the state to take their education seriously by making judicious use of the free education policy of his administration so as to become useful and productive to themselves and the society.
The governor further said: “It has been said that a prophet is without honour in his own town. But today, the people of Ajia, my kinsmen, have honoured me and you have not made selfish demands from us, you have asked us to govern with integrity and the fear of God; you have warned us to be wary of sycophants and to continue to pay attention to the welfare of the people as we have been doing. I assure you that we will do all these and many more in fulfillment of our promises,” the Governor said.
He maintained that as parts of efforts to develop the state, he had begun discussion with the Federal Airport Authority on how to upgrade the Alakia Airport, Ibadan to an international airport to boost the economy the State.
He further said: “I have begun discussion with the Federal Airport Authority of Nigeria and they have given us certain conditions on the upgrade of our airport so that it can accommodate bigger aircrafts. When that is done, those travelling from Osun, Ekiti and Ondo will not need to get to Lagos before boarding flights and what that tells you is that Ajia and other rural communities around the airport as well as the economy of Oyo State, will soon witness a new dawn.”
Governor Makinde told a jubilant crowd of Ajia residents that he would soon begin the reconstruction of the Ajia Road.
He said that as a private citizen, he had offered to construct Ajia Road but that the previous administration in the state turned down the offer.
Makinde also stated that he had equally faced similar hostility from the previous administration in the state whose agents destroyed the borehole and the equipment deployed by his contractor when he was trying to build a borehole for Alesinloye Market in the state capital.
He declared that in a matter of weeks the State Government would review the Iyana-Agbala Road Project and make it a priority, noting that his administration would pay full attention to the development of rural settlements across the State.
Earlier, a foremost Head of Service in the State, Pa. Theophilus Akinyele, expressed joy that Ajia Village could produce the Governor of Oyo State after producing about three Heads of Service in the State.
He urged Governor Makinde to continue to place premium on the welfare of people as he had been doing as a private citizen.
Akinyele called on Makinde to make Ajia a model village as it obtains in South Africa and some other places.
Also in his address to welcome dignitaries to the event, chairman, Ajia and Its Environs Descendants Union, Engr. Amos Fakayode, commended Makinde for making Ajia and Oyo State proud through his achievements within the first 100 days in the office.
He noted that the community was neither disappointed nor surprised at the giant strides of Governor Makinde, adding that as a private citizen, the Governor had singlehandedly provided electricity to the community.
He said: “We welcome Governor Seyi Makinde to Ajia, his ancestral root. We are grateful to God and proud of you. As you have started well, may you end well. We have been hearing of you, many states are making you the reference point. We, your kinsmen, are proud of your achievements in 100 days. We believe you can do more and we want you to do more, because we want to remain proud of you after you might have left office.”
He appealed to the Governor to provide good road networks into and out of Ajia; pay attention to the employment and empowerment of its youths and above all, make it a model village with model primary, secondary and tertiary institutions, among others.
He noted that Ajia community would remain solidly behind the Governor and continue to pray for his successful tenure in the office.
… Assures Prompt Salary Payment
The Sole Administrator of Rivers State, Ibok-Ete Ibas, has announced the release of withheld local government allocations, assuring that necessary steps would be taken to ensure the prompt payment of workers’ salaries.
Ibas disclosed this on Thursday during a meeting with Heads of Local Government Administrators in Port Harcourt, describing the engagement as a crucial step towards restoring stability and progress in the state.
He lamented the economic hardship in the Niger Delta, noting that despite the region’s wealth of natural resources, many of its people continued to suffer.
“This is unacceptable,” he said, stressing the need for transformation and financial accountability.
The administrator expressed concern over the delay in salary payments across local government areas, acknowledging the struggles of affected workers.
“I feel the pain of the workers,” he stated, assuring them that the withheld allocations had been released and that his administration would ensure prompt payment of salaries.
However, he warned that financial discipline would be strictly enforced, directing all local government areas to submit their wage bills with supporting documents through the office of the Head of Service.
Ibas, a retired Vice Admiral and former Chief of Naval Staff, vowed to scrutinise public funds and take decisive action against mismanagement.
“Good governance is not just a slogan; it is a commitment to changing the negative narrative within the next six months,” he added.
He also emphasised the need for collaboration with traditional rulers and security agencies to enhance grassroots security.
“You must take the lead in ensuring security within your domains,” he charged local government administrators.
Reacting, the President of the Nigeria Union of Local Government Employees (NULGE) and Administrator of Port Harcourt Local Government Area, Clifford Paul, commended the Federal Government for appointing Ibas, attributing the decision to his leadership competence.
He urged the administrator to prioritise workers’ welfare, stating that local government workers were currently owed two months’ salaries.
“With the release of the withheld allocations, we are hopeful that workers will receive their entitlements soon,” he said.
Paul further called on stakeholders to seize the opportunity to rebuild trust and foster unity in the state.
President Bola Tinubu has sworn in Vice Admiral Ibok-ete Ibas (rtd.) as the Sole Administrator of Rivers State, following a brief meeting at the Presidential Villa on Wednesday afternoon.
Ibas’ appointment comes a day after Tinubu, in a nationwide broadcast, declared a state of emergency in Rivers State and suspended Governor Siminalayi Fubara, Deputy Governor Ngozi Odu, and all members of the Rivers State House of Assembly.
The President cited Section 305 of the 1999 Constitution as the legal basis for his action, stating that he could no longer stand by as the political crisis in the state escalated.
However, the suspension of Fubara and other elected officials has sparked widespread condemnation. Former Vice President Atiku Abubakar, Labour Party’s Peter Obi, senior lawyer Femi Falana (SAN), the Peoples Democratic Party (PDP), the Nigerian Bar Association (NBA), and several civil society groups have rejected the move, describing it as unconstitutional and undemocratic.
In contrast, the pro-Nyesom Wike faction of the Rivers State Assembly, led by Martins Amaewhule, has praised Tinubu’s decision, accusing Fubara of disregarding a Supreme Court ruling related to the state’s political crisis.
Vice Admiral Ibas, a retired naval officer, previously served as Chief of Naval Staff from 2015 to 2021 under President Muhammadu Buhari. Born in Cross River State, he attended the Nigerian Defence Academy in 1979 and went on to have a distinguished military career, rising to the highest ranks in the Navy.
He is a member of the Nigerian Institute of International Affairs (NIIA) and the Nigerian Institute of Management. In 2022, Buhari conferred upon him the national honour of Commander of the Federal Republic (CFR) in recognition of his service.
Ibas now assumes leadership of Rivers State amid a deeply divided political landscape, with tensions running high over the legality and implications of the emergency rule.
The Federation Accounts Allocation Committee (FAAC) disbursements to the federal, state, and local governments surged by 43 per cent in 2024, reflecting a major boost in government revenue inflows.
According to the latest FAAC Quarterly Review released in Abuja on Tuesday, the Nigerian Extractive Industry Transparency Initiative (NEITI) disclosed that a total of N15.26 trillion was allocated to the three tiers of government within the year under review.
NEITI’s Acting Director, Communication & Stakeholders Management, Obiageli Onuorah, described the disbursements as a historic high, noting that the allocations surpassed previous years by a remarkable margin.
Key Drivers of Revenue Growth
The report attributed the surge in FAAC disbursements to sustained fiscal reforms by the Federal Government, particularly the removal of fuel subsidies and foreign exchange rate adjustments. These policies have significantly boosted oil revenue remittances and overall government earnings.
Speaking at the official release of the report in Abuja, NEITI’s Executive Secretary, Dr Orji Ogbonnaya Orji, highlighted the impact of these reforms on national and subnational finances. He noted that the withdrawal of fuel subsidies in mid-2023 reshaped revenue distribution and affected debt repayment deductions from state allocations.
Dr Orji stated that the objective of the report was to assess the sustainability of government borrowing, the fiscal implications of resource dependence, and the economic realities confronting states benefitting from the 13% derivation revenue from oil, gas, and solid minerals.
“The analysis focused on crude oil revenue derivation states, as solid minerals continue to underperform despite their significant potential,” he added.
Breakdown of FAAC Allocations
According to the NEITI report, FAAC disbursements in 2024 were as follows:
Federal Government: N4.95 trillion
State Governments: N5.81 trillion
Local Governments: N3.77 trillion
Total FAAC Disbursement (Including Derivation Revenue): N15.26 trillion
State governments recorded the highest percentage increase in allocations, jumping by 62% from N3.58 trillion in 2023 to N5.81 trillion in 2024. Local government councils saw a 47% increase, while the federal government’s share rose by 24% from N3.99 trillion in 2023.
The report highlighted that FAAC allocations grew by 66.2% over three years, rising from N9.18 trillion in 2022 to N10.9 trillion in 2023 and N15.26 trillion in 2024, with the most significant leap occurring between 2023 and 2024.
Economic Risks and Challenges
Despite the revenue boost, NEITI cautioned that economic risks associated with fiscal reforms must be managed effectively. Key risks identified include:
Inflationary pressures
Possible rise in debt servicing costs
Fiscal uncertainty for oil-dependent states
The agency urged governments at all levels to adopt innovative measures to cushion the impact of these economic challenges.
State-by-State Allocation Analysis
Lagos received the highest FAAC allocation in 2024, with N531.1 billion, followed by:
Delta State: N450.4 billion
Rivers State: N349.9 billion
Conversely, the least allocations went to:
Nasarawa State: N108.3 billion
Ebonyi State: N110 billion
Ekiti State: N111.9 billion
The report also showed that six states—Lagos, Rivers, Bayelsa, Akwa Ibom, Delta, and Kano—each received over N200 billion, collectively accounting for 33% of total state allocations. Meanwhile, the six lowest-receiving states—Yobe, Gombe, Kwara, Ekiti, Ebonyi, and Nasarawa—received only 11.5% of total allocations.
Debt Deductions Raise Fiscal Concerns
A total of N800 billion was deducted from states’ allocations for foreign debt servicing and contractual obligations, representing 12.3% of total state allocations.
Lagos State had the highest debt deduction, with N164.7 billion, followed by:
Kaduna State: N51.2 billion
Rivers State: N38.6 billion
Bauchi State: N37.2 billion
NEITI warned that many states with high debt burdens were among the lower FAAC recipients, raising concerns about debt sustainability and overall fiscal health.
With the federal and state governments increasingly reliant on oil revenue, the report emphasized the need for economic diversification, stronger financial management, and sustainable debt practices to ensure long-term fiscal stability.
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