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Oyo: ‘We’ll continue to put people first in every decision’ – Makinde
The Oyo state governor, Mr. Seyi Makinde on Thursday declared that residents of the state and Nigerians should be thankful to God for surviving 2020, stating that though many would describe the year as a tough one, God’s grace saw them through the various challenges that characterized the year.
The governor maintained that despite various events that set the state back economically, the state government was still able to record a huge reduction in the infrastructure deficit of the state.
Makinde, according to a statement signed by his Chief Press Secretary, Mr. Taiwo Adisa, stated these in a 2021 New Year Address made available to newsmen in Ibadan, the Oyo state capital.
He noted that though 2020 was characterised by drop in oil prices, which led to a huge drop in revenue from federal allocations and the attendant economic meltdown, the COVID-19 pandemic and the aftermath of the #EndSARS protests, among other challenges, residents of the state could still count their blessings.
According to the governor, the efforts of his administration in fixing the health, education and security sectors have yielded positive results, while the administration was also able to grow the Internally Generated Revenue, IGR, of the state.
He said: “As 2020 closes, I am reminded of the words of the very popular 1897 hymn by Johnson Oatman Jr, “Count your Blessings.” This song encourages us to take stock of the good things that happened in our lives. “When we do this, we often find that we have overlooked many positives.
“Many would describe 2020 as a tough year. At the beginning of the year, the drop in oil prices led to a huge drop in revenue from federal allocations and attendant economic meltdown. In March 2020, many states in Nigeria had cases of the coronavirus disease. “This necessitated an interstate lockdown by the Federal Government. Although we did not effect a total lockdown in Oyo State, we were not spared the economic and social effects of the COVID-19 pandemic. A few months later, we faced mass protests by the youths and others who were angry about police brutality. Events after the protests also set us back economically.
“However, our 2020 is not defined by these events. As the first stanza of that song says: “When you are discouraged, thinking all is lost, count your many blessings, name them one by one, and it will surprise you what the Lord hath done.”
“So, let me recount some of the blessings that 2020 brought us as a people.
“We continued working with our administration’s blueprint, the Roadmap to Accelerated Development in Oyo State, 2019-2023. And I am happy to report that we have continued to reduce our infrastructural deficit, slowly but surely.
“As at September 2020, we had recorded an Internally Generated Revenue (IGR) of 25.6 billion Naira. And using the half-year figures, that represented a 26.4 per cent increase in IGR year on year.
“Moribund industries such as the Pace Setter Quarry and Asphalt Plant, Ijaiye, Agbowo Shopping Complex, Ibadan and Pacesetter Fruit Processing Company, Oko, were handed over to concessionaires. All of these will be contributing to the economic development of our state.
“We are confronting the new challenges caused by the influx of people and businesses into Oyo State. More people are being attracted to our dear state because of our good governance initiatives and business-friendly environment. We believe that the complaints about the city’s traffic situation will soon be a thing of the past as we vigorously pursue road rehabilitations, expansions, and constructions. The bus terminals at Iwo Road, New Ife Road, Challenge and Ojoo will be commissioned in 2021.
“In Education, we have continued our strides with the construction of model schools, blocks of classrooms, perimeter fencing and sinking of boreholes. We have also engaged in teachers’ training and completed the recruitment of 5,000 teachers to reduce the student/teacher ratios in our secondary schools.
“We were able to resolve the lingering issue of the Ladoke Akintola University of Technology (LAUTECH), and Oyo State is now the sole owner of the institution.
“In Agriculture, we signed the Oyo State Agribusiness Development Agency (OYSADA) bill into law which provided for the establishment of OYSADA. We began renovating and expanding the Headquarters in Saki. We also initiated the Start Them Early Programme (STEP) in collaboration with the International Institute of Tropical Agriculture (IITA). This initiative takes agribusiness education to secondary schools. Additionally, we started training our youths in agribusiness with the Oyo State Youth in Agribusiness Tomatoes Project.
“The highlight of the past year in security is the commencement of operations of the Oyo State Western Nigeria Security Network (codenamed Amotekun). We know there will be teething problems, but rest assured that the corps will be serving the interests of the people of Oyo State. We also believe that all well-meaning residents of Oyo State will work with the corps to secure all 351 wards of our state.
“Our Healthcare sector witnessed improvements not only in infrastructure but also in recruitment and training. We took advantage of the pandemic to upgrade and rehabilitate Primary Healthcare Centres (PHC) at Igbo Ora and Awe. We also renovated and equipped the PHC at Aafin in Oyo Town and ALGON Comprehensive Health Centre at Eyin Grammar, Ibadan. We now have one Infectious Disease Centre at Olodo. At Ogbomoso, we renovated one wing of the LAUTECH Teaching Hospital. Whereas at Saki, we took an incomplete project and turned it into a 100-bed specialist hospital. Our plan to rehabilitate one PHC per ward in Oyo State is in full gear.”
Governor Makinde, who urged residents of the state to maintain a positive outlook for the New Year, said the state is open for business and that his government remains committed to its promise to uplift the state, stating that it would never take the support of the people for granted.
He added: “We will continue to maintain a positive outlook for 2021. Oyo State remains open for business. The Oyo State Investment and Public-Private Partnership Agency (OYSIPA) is always willing to discuss investment opportunities in Oyo State with both local and international businesses.
“We will never take for granted your continued support for our administration, nor will we take lightly our promise to serve. We remain committed to our promise to put you, the good people of Oyo State, first in every decision we make.
“And at the end of the year 2021, may we have even more reasons to look back and be surprised at the “many things that the Lord has done.
“May your year 2021 be better than your year 2020.”
The Minister-designate for Power, Joseph Olasunkanmi Tegbe, has firmly clarified that he never promised to fix Nigeria’s national electricity grid within three months, describing such claims circulating in sections of the media as a misrepresentation of his Senate screening remarks.
A statement issued after his appearance before the Senate stressed that Tegbe was deliberate and cautious in his presentation, avoiding unrealistic timelines while outlining a structured reform pathway for the power sector.
According to the clarification, Tegbe explained that while Nigerians can expect early signs of progress, particularly in grid stabilisation within his first 100 days in office, comprehensive reforms will be guided strictly by technical assessments, stakeholder consultations, and sector realities.
He noted that critical challenges such as gas supply constraints, metering gaps, infrastructure decay, and commercial inefficiencies require coordinated interventions that cannot be resolved through arbitrary timelines.
“My commitment to this distinguished chamber and to Nigerians is clear: we will deliver visible and measurable improvement in the power sector,” Tegbe stated during the screening.
He assured that his focus would include stabilising the national grid, modernising transmission and distribution infrastructure, strengthening commercial frameworks, and enforcing accountability across the electricity value chain.
On tariff policy, the minister-designate reaffirmed that reforms would be carefully designed to balance sustainability with social protection, ensuring that vulnerable households are shielded while also restoring investor confidence in the sector.
The statement further emphasised that Tegbe’s approach reflects discipline, technical understanding, and a reform-minded agenda aimed at delivering lasting solutions rather than short-term political promises.
It added that he remains open to responsible media engagement and constructive clarification where necessary, noting that accurate reporting is essential to public understanding of ongoing efforts to reposition Nigeria’s power sector.
Tegbe reaffirmed his readiness to lead a transparent, results-driven reform process anchored on accountability, realism, and measurable progress.
A grand cultural renaissance celebrating the enduring legacy of legendary Yoruba war hero and statesman, Ogedengbe Agbogungboro, will take centre stage as the 2026 edition of Ogedengbe Fiesta holds from July 29 to 31 across Osun State and Ekiti State.
The three-day heritage festival, unveiled by organisers on Wednesday, is themed, “Ogedengbe Agbogungboro Legacy: Leadership, Security, and Statecraft for Modern Governance in Nigeria.”
The event is designed to preserve Yoruba cultural heritage, deepen historical consciousness, promote tourism and stimulate national conversations on leadership, peacebuilding and governance.
According to the organisers, the fiesta will commence with traditional homage at Atorin and heritage excursions to notable Kiriji War historical sites in Imesi-Ile, where participants will relive significant moments in Yoruba military and political history.
The programme will also feature guided visits to the historic Ogedengbe Cave, Ibu Latoosa Site and the Yoruba Peace Treaty Grove, all regarded as symbolic monuments of Yoruba resilience, diplomacy and unity.
As part of activities lined up for the celebration, participants will tour the gardens of renowned legal icon and elder statesman, Afe Babalola, in Okemesi-Ekiti.
The organisers further disclosed that a Legacy Awards and Hall of Fame Investiture ceremony would hold in Ilesa to honour individuals who have contributed immensely to the promotion of Yoruba culture, leadership and community development.
A distinguished personality lecture in honour of Aare Afe Babalola, SAN, OFR, CON, and Arole Fabunmi of Okemesi-Ekiti is also expected to headline the event, with scholars, traditional rulers, cultural enthusiasts and public intellectuals billed to discuss pathways to strengthening governance and security through indigenous values and historical lessons.
The organisers noted that all activities would commence daily by 11am, adding that the festival would serve as a rallying point for lovers of Yoruba culture, history and tourism across Nigeria and beyond.
They described the fiesta as not only a celebration of the heroic exploits of Ogedengbe Agbogungboro, but also a strategic platform to inspire a new generation of leaders through the ideals of courage, unity, patriotism and visionary leadership.
The Federal Government on Tuesday ruled out any plan to reinstate fuel subsidy despite worsening economic hardship and mounting public pressure.
The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, stated this in Paris, France, during a meeting with global investors alongside President Bola Tinubu.
Oyedele said the government would also not introduce price controls, stressing that market forces remain the preferred mechanism for determining petrol prices.
“We will not bring back fuel subsidy because it creates distortions for the economy, and we won’t introduce price control because we believe in the market,” he said.
The minister argued that the subsidy regime had long undermined economic efficiency, adding that emerging global energy shifts, including developments in Iran, present fresh investment opportunities for Nigeria.
The removal of petrol subsidy in May 2023 triggered a steep rise in inflation, worsening the country’s cost-of-living crisis.
Nigeria’s headline inflation climbed from 22.41 per cent in May 2023 to 34.19 per cent by June 2024 — its highest level in nearly two decades — driven by surging fuel, food, and transportation costs.
Food inflation further accelerated, exceeding 39 per cent by October 2024, while transport fares soared by nearly 300 per cent, compounded by currency devaluation.
Despite the economic strain, Tinubu defended the policy, saying it had stabilised the foreign exchange market.
“Subsidy that was a burden to the entire country was removed, and ever since we have achieved FX stability,” the President said, according to his Special Assistant on Social Media, Dada Olusegun.
In a related statement, the President’s Special Adviser on Information and Strategy, Bayo Onanuga, said the administration’s reforms were aimed at eliminating structural distortions, strengthening macroeconomic stability, and laying the foundation for inclusive growth.
He added that the government remained committed to fiscal discipline and transparency.
Highlighting economic progress, Oyedele disclosed that Nigeria recorded an 11.2 per cent growth in Gross Domestic Product in dollar terms in 2025, describing it as a major step towards the country’s ambition of building a $1tn economy by 2030.
He also pledged that the government would begin publishing quarterly financial reports to enhance accountability and public trust.
Also speaking, the Director-General of the Debt Management Office, Patience Oniha, assured investors of Nigeria’s commitment to prudent borrowing and sustainable debt management.
The Federal Government has continued to defend its reform agenda despite growing public discontent, insisting that the long-term gains will outweigh the current economic pains.
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