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South West Governors Formally Admit Lagos Into O’dua Investment Group

The six Governors of south west region under the auspices of the Western Nigerian Governors Forum on Wednesday formally admitted Lagos State into the O’dua Investment Group with a total of 115million shares thus growing the share equity of the company to 690million.
The Governors – Akinwunmi Ambode (Lagos), Rauf Aregbesola (Osun), Abiola Ajimobi (Oyo), Rotimi Akeredolu (Ondo) and Ibikunle Amosun (Ogun), in a communiqué issued at the end of a two-day quarterly meeting held at Lagos House in Alausa, Ikeja, also ratified a document allowing Lagos to acquire land in their respective states for massive rice cultivation and production.
Specifically, all the Governors resolved to embark on a Rice Accelerated Program for Integrated Development (Western RAPID) to further consolidate actions on food security and job creation in the region, while a Regional Agriculture Summit to be sponsored by Lagos State, was agreed to be held in Ibadan in May 2018.
The forum, which is being coordinated through the Development Agenda for Western Nigeria (DAWN) Commission, also signified interest in the concession of the Murtala Muhammed International Airport.
Reading the communiqué to journalists, Director General of DAWN Commission, Mr Oluseye Oyeleye said: “The States of the Region as a bloc will be monitoring the process for the Murtala Muhammed International Airport Concession into a world class infrastructure.”
He said the Governors also resolved that DAWN Commission, Focal Representatives and Agriculture Commissioners of the region would hold a technical session with Nigeria Incentive-based Risk Sharing System for Agricultural Lending (NIRSAL) and develop a state by state roadmap in four weeks before the Regional Agriculture Summit scheduled for May 2018.
It was also agreed that DAWN Commission should work on reviving Regional Inter-School Football Competition, and as well conduct a study on the successes in Education in Ekiti State for peer learning/adoption among the Western Nigeria states.
Also, the Governors directed the DAWN Commission and the Focal representatives to structure a programme on the Omoluabi Ethos of the Yoruba people.
However, Ogun State Deputy Governor, Mrs Yetunde Onanuga, who represented Governor Amosu, raised some reservations about the land deal, saying that the State Government on account of previous issues with Lagos on the similar subject matter would be refraining from releasing land to the State until the said issues were resolved.
Nonetheless, Onanuga said: “We will be prepared to sign this memorandum later when some of these issues are straightened out.”
When asked by journalists on way out of the issues raised by Ogun State, Governor Ambode said he was optimistic that all the States would join in the effort to ensure food security and create jobs for the people.
He said: “What has happened is that we wanted to expand the agric output of our rice mill and in doing so, we decided that all the south west States should be able to cultivate rice and supply paddy to the proposed rice mill that is coming up in Imota in Lagos.
“So, what we have done is that four other States have agreed to sign the Memorandum of Understanding which they have actually done today and so what is happening between Lagos and Ogun is that there were some minor issues that were outstanding before and based on that they could not sign today but you could also hear that they are committed to signing when those issues are resolved.
“We are having a 32-ton per hour rice mill in Imota and we are going to require 32,000 hectares of paddy cultivation which even the whole of the south west cannot even provide but because we are interested in integration and also independence, it is important that beyond going to Kebbi or Kano, all the south western states should also benefit from it and the idea is that we are trying to procure land there but we will also use the people and the farmers in the respective states to cultivate the land and by so doing we have created employment in those States and we will be off-takers to the paddies that they are producing and so I am able to buy it and also use it for my own rice mill and then sell it in Lagos and so I create employment across the region and at the same time put money into the pocket of our people,” Governor Ambode said.
Earlier, Governor Aregbesola described the incorporation of Lagos State into the economic framework of the south west region as historic and long coming since 1948, adding that the development would strengthen the O’dua Investment Group and drive the development of the region.
SIGNED
HABIB ARUNA
CHIEF PRESS SECRETARY
MARCH 28, 2018
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NSE Confers Fellowship on Oseni, 177 Others, Urges Promotion of Nigerian Content

The Nigerian Society of Engineers (NSE) has conferred its prestigious fellowship on Engr. Aderemi Oseni and 177 other members, urging them to promote Nigerian content and uphold the highest standards of the profession.
The conferment ceremony, held on Thursday in Abuja, brought together engineers, policymakers, and industry stakeholders to celebrate excellence in the field.
Oseni, who represents Ibarapa East/Ido Federal Constituency in Oyo State and serves as the Chairman of the House Committee on Federal Roads Maintenance Agency (FERMA), has been a Member of the Nigerian Society of Engineers (MNSE) for over a decade. He is also a registered engineer with the Council for the Regulation of Engineering in Nigeria (COREN) and a member of several international professional bodies, including the London Institute of Engineers and Technicians and the Nigeria Association of Technological Engineers.
Speaking shortly after receiving the fellowship, the lawmaker dedicated the award to God and the entire engineering community, expressing his commitment to upholding the principles of the profession.
“It is another great day. I feel very excited, and it was an opportunity for me to reconnect with some of my old colleagues, people I had lost contact with for quite a while,” he said. “Having been conferred as a fellow, it is an opportunity for us to continue to do the good work that we have been doing as professionals.”
At a dinner organised in honour of the new fellows, NSE President Margaret Oguntala lauded the awardees for their dedication to innovation and nation-building. She noted that Nigerian engineers had been instrumental in advancing critical sectors, including infrastructure, energy, healthcare, and information technology. She emphasised that the recognition was not just an honour but a responsibility to uphold the integrity and standards of the profession.
Oguntala further charged the new fellows to be ambassadors of engineering excellence and to conduct themselves with dignity befitting their status. “It behoves you to carry the banner of our society high anywhere you go,” she said. “We also expect you to carry yourselves always with the dignity and comportment that this fellowship bestows on you.”
She stressed the need for engineers to play a greater role in national development, advocating for collaborations across sectors to address pressing challenges such as infrastructure deficits, poverty alleviation, and job creation. “The collective strength of engineers alongside other professionals will undoubtedly unlock the potential that will bring about the much-needed development in our country,” she said. She urged them to be torchbearers of progress, quality, and sustainability in their respective fields.
The Chairman of the NSE Board of Fellows, Maliki Kamila, highlighted the rigorous selection process for the fellowship, describing it as the highest honour any practising engineer in Nigeria can attain. “These eminent professionals are commended for having scaled through the procedures for screening and assessment, as the process has remained very thorough but fair,” he said. Despite NSE’s membership strength of about 82,000, he noted that only a select percentage had been elevated to the fellowship grade.
Jigawa State Governor, Umar Namadi, who was the Special Guest of Honour at the event, commended the NSE for its contributions to national development. Represented by Malam Bala Ibrahim, Secretary to the State Government, he urged engineers to remain committed to nation-building and to uphold the ethics of the profession in all their endeavours.
News
Customs Intercept Undeclared Foreign Currency Worth Over $1.1m at Kano Airport

Operatives of the Nigeria Customs Service (NCS) have intercepted undeclared foreign currency amounting to $1,154,900 and SR135,900 at the Mallam Aminu Kano International Airport (MAKIA) in Kano State.
The NCS Public Relations Officer, Abdullahi Maiwada, confirmed the seizure in a statement on Thursday, noting that the money was confiscated during a routine baggage check.
According to Maiwada, the foreign currency was found in the luggage of an inbound passenger, Hauwa Ibrahim Abdullahi, who had arrived on Saudi Airline Flight No. SV401 from Saudi Arabia.
“During the physical examination of the passenger’s luggage conducted by NCS officers, the undeclared currency was discovered concealed within palm-date fruit packs, locally referred to as Dabino,” he stated.
Seizure in Line with Financial Regulations
The NCS reiterated that the interception aligns with its mandate to enforce financial regulations and prevent illicit financial flows across Nigeria’s borders.
“In line with established procedures, the suspect and the seized foreign currency have been handed over to the Economic and Financial Crimes Commission (EFCC) for further investigation and necessary legal action,” the statement read.
Following the investigation, a court convicted the suspect and ordered the forfeiture of the undeclared money to the Federal Government, in accordance with the provisions of the Money Laundering (Prevention and Prohibition) Act of 2022.
Customs Warns Against Non-Compliance
Maiwada emphasised that all travellers must adhere to Nigeria’s financial regulations, particularly regarding the declaration of cash or negotiable instruments exceeding the approved threshold when entering or leaving the country.
“The Money Laundering (Prevention and Prohibition) Act of 2022 and the Foreign Exchange (Monitoring and Miscellaneous Provisions) Act, 1995, provide clear guidelines on currency declaration. Non-compliance constitutes a violation of Nigerian law and attracts severe penalties,” he warned.
The Service further urged the public to comply strictly with these regulations to avoid legal repercussions.
Commitment to Economic Protection
Under the leadership of the Comptroller-General of Customs, Bashir Adewale Adeniyi, the NCS remains resolute in its efforts to combat smuggling, illicit financial transactions, and other trans-border crimes.
“This latest seizure highlights the Service’s unwavering dedication to protecting the nation’s economic interests and ensuring compliance with financial regulations,” Maiwada stated.
He reaffirmed the NCS’s commitment to working with relevant government agencies and stakeholders to enhance border security, strengthen financial compliance, and safeguard Nigeria’s economy.
“Travellers and stakeholders in the financial sector are advised to remain vigilant and always adhere to lawful financial practices,” he added.
News
Oyo: Oseni Sympathises with Aleshinloye Market Fire Victims, Calls for Government Support

The Chairman, House Committee on Federal Roads Maintenance Agency (FERMA) and member representing Ibarapa East/Ido Federal Constituency, Oyo State, Engr. Aderemi Oseni has expressed solidarity with traders who suffered losses in the recent fire outbreak at Aleshinloye Market, Ibadan.
The inferno, which occurred in the early hours of Wednesday, engulfed parts of the bustling commercial hub, destroying goods worth millions of naira. The cause of the fire is yet to be ascertained, but the extent of destruction has drawn widespread sympathy from political leaders, business stakeholders, and the general public.
In a statement issued by his media aide, Idowu Ayodele, in Ibadan, the lawmaker described the incident as a tragic setback for hardworking traders who rely on the market for their livelihood. He urged government agencies at all levels to swiftly intervene and support the victims in rebuilding their businesses.
“I stand in solidarity with the traders and entrepreneurs of Aleshinloye Market in this difficult time. This disaster is a painful reminder of the urgent need for enhanced fire safety measures in our marketplaces. I urge both the Oyo State Government and federal agencies to provide immediate relief and long-term solutions to support those affected,” he said.
Oseni also emphasised the importance of proactive disaster management strategies, calling for the implementation of modern fire prevention infrastructure in major markets across the state. He further encouraged well-meaning individuals, corporate organisations, and relevant authorities to extend support to the affected traders.
The lawmaker reiterated his commitment to advocating for policies that protect small business owners from unforeseen disasters, stressing the need for a collaborative approach to safeguarding the economic interests of traders and artisans.
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