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Oyo: Get ready for unprecedented development, Makinde raises hope

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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.

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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.

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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.”

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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.

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Ex-NCC Chair, Akande extols Senator Sarafadeen Ali on his 61st birthday

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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.”

 

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Labour union protests Heritage Bank’s dismissal of 1,000 workers

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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.

 

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Nigeria not using foreign reserves to defend naira, says CBN governor

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CBN governor

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.

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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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