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Oyo’s IPP project ‘ll power hospitals, govt. house, streetlights, stadium, others – Makinde explains
Published
4 years agoon
Oyo state governor, Mr. Seyi Makinde, on Sunday, said that contrary to claims by some opposition elements, the Independent Power Project (IPP) embarked upon by his administration will not only power the government house but will power other critical state assets including schools, hospitals, streetlights and stadium, among others.
The governor, who stated this while speaking at the special Thanks Giving Service held at First Baptist Church, Igbojaye, Itesiwaju, Local Government Area added that his administration will continue to leverage on the four comparative advantages of Oke Ogun and the state generally, which includes agribusiness, tourism, solid minerals and commerce.
A statement by the Chief Press Secretary to the governor, Mr. Taiwo Adisa, also quoted the governor as telling critics to always assess the performance of his administration based on his electoral promises.
“Concerning the power project we are embarking on in Ibadan, they have been criticising us. They said the 11 megawatts project does not make any sense because it will only power the Government House. Let me say here today that they need to do more research. It is not only Government House that it will power but all the street light within 10km radius, hospitals, schools, Judiciary Complex and the stadium will be powered.
“On my way here, I have seen the poles meant for the light-up project in Igbo-ijaye. We will ensure we power the project with gas generators here. And when the light comes, darkness will definitely vanish and that is the essence of the project”, he said.
The governor asked critics to evaluate his performance based on his electoral promises saying: “For us in Oyo State, we are saying you should evaluate us based on what we said we would do and whether we are doing them or not.”
He said that his administration has continued to leverage on the comparative and competitive advantages of each zone of the state.
“In Oyo State, we have both comparative and competitive advantages in about four areas. One is agribusiness.
“When we went to Brent Farm at Ijio, the owner said that from the survey, the area is the most fertile in Nigeria, and it is the same for most places in Oke-Ogun. So, if we talk about competitive and comparative advantages in agribusiness, Oke-Ogun has a place.
“The second area is solid minerals and Oke-Ogun will also feature when we talk about the development of solid minerals. Another aspect is Tourism. The hanging lake, which is at Ado-Awaye, is a perfect example and the Oke-Ogun zone will feature too. The deepest Gorge Dam on the entire continent of Africa is at Ikere. So, this zone will also feature as far as tourism is concerned.
“The last is commerce. Oyo State shares an international border, which is between Ibarapa and Oke-Ogun axis. So, Oke-Ogun also features in commerce. So, as a government, if we want to lead our people from poverty to prosperity like we mentioned in our roadmap for accelerated development, we have to focus on those areas.
“And what exactly are those things we need to do? We need to develop our infrastructure and that is why, six months into this government, we awarded the Moniya-Iseyin road. If we also talk about commerce, Saki is almost the furthermost city in Oyo State, which is closer to the border with the Republic of Benin. That was why we focused on completing the Saki Township road, which is done right now.
“Let me also say that there are other zones that have one or two things they can contribute to the development of our state. Talk of Ogbomoso, Oyo and others. We have started the construction of Oyo-Iseyin road, passing through Fasola. Fasola is our agribusiness hub and the same thing in Ibadan. If you are coming from Lagos and going to North or East or other parts of the South-West, you will pass through Ibadan. So, Ibadan is almost the centre of Commerce for the entire South West. That is why we are saying anybody who is passing through Ibadan should have a good experience and want to come back. Those are some of the steps that this government has taken to ensure that we are expanding our economy and I’m very sure we are on the path of taking many of our people out of poverty”, the governor added.
He also appreciated the clerics and the people for what he called their consistent prayers, adding that without the prayers, “we won’t be where we are today.”
He cautioned those campaigning about second term for him, saying: “You can only pray that the will of God be done.”
Earlier in his sermon, the President of Oke Ogun Baptist Convention, Rev, Dr. Gabriel Olanrewaju, noted that the nation needs trustworthy leaders to survive its challenges.
He added that leaders must also fear God in their dealings.
“This nation needs the type of leader we have in Oyo State, Engr Seyi Makinde, for us to triumph the present situation we are facing. Not just for political position but for uniting the people. We need someone who can keep us focused and give us direction in the nation.
“Your Excellency, you have a lot of Special Advisers and other aides but I can tell you that the knowledge of men sometimes fail. You need wisdom from above like that of King Solomon. It is fruitful, pure, merciful, impartial, submissive and fair and we want it in your life. Always draw from the wisdom from above.
“Please, whatever God says you should do to turn things around in Nigeria, especially in Oyo State, do it.”
The service also witnessed the presentation of Awards to outstanding dignitaries, including Governor Makinde, the state’s Head of Service, Alhaja Ololade Agboola; Chairman Advisory Council, Senator Hosea, Agboola; and Mrs Lizzy Ayodele.
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Tegbe clarifies: No 3-month promise on power grid, outlines realistic reform timeline
Published
5 days agoon
May 8, 2026By
Mega IconThe 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.
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Yoruba Heritage Festival Honouring Ogedengbe Begins July 29
Published
5 days agoon
May 7, 2026By
Mega IconA 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.
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No Return to Fuel Subsidy, FG Insists Amid Rising Hardship
Published
7 days agoon
May 6, 2026By
Mega IconThe 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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