Stop marginalizing us, we’re tired of junior ministerial status – Ondo community tells Buhari - Mega Icon Magazine
Connect with us

News

Stop marginalizing us, we’re tired of junior ministerial status – Ondo community tells Buhari

Published

on

Akure community has kicked against the portfolio given to Senator Tayo Alasoadura as the Minister of State for Labour and Employment by President Muhammadu Buhari.

The community, under the body of Akure Community Development Forum, ACDF, berated Buhari for allegedly relegating Ondo State to the level of “junior ministerial status.”

In a statement issued on Friday and signed by Pa Reuben Fasoranti as well as the forum’s General Secretary, Eniola Olusola stated that since the coming on board of Buhari, Ondo had continued to be marginalized going by the recent appointment of Senator Alasoadura.

While appealing to President Buhari
to reconsider the appointment, the community maintained that with intellectual prowess of Alasoadura, he deserved a robust portfolio.

The statement read, “the people of Akure express reservations over the portfolio of Minister of State for Labour and Productivity given to Sen. Tayo Alasoadura and therefore plead with the President to consider a review of this.

“Chief Alasoadura possesses a rich and impressive profile, resume and pedigree and has contributed in no small measures to the development of the country, as attested to by many of his former colleagues in the Senate during his ministerial screening last month.

“Alasoadura was a member of the 8th Senate and Chairman of its Committee on Petroleum (Downstream), which saw to the successful passage of the all-important Petroleum Industry Governance Bill after several years of failed attempts by his predecessors.

ALSO READ  Southwest govs meet in Ibadan tomorrow to discuss security challenges

“A Chattered Accountant of decades of professional experience and service, Alasoadura was a Commissioner for Finance in Ondo State for six years and was the Chairman of the Conference of Finance Commissioners of the 36 States of the Federation, working tirelessly with the federal government to streamline allocation of resources to the three tiers of government without much crisis during that period.”

It added that “assigning such a distinguished Nigerian to a junior ministerial status is not only an underutilization of his capacity but a marginalization of the people of Akure in particular and Ondo State in general.

“We observed that Mr. President has retained the status of Minister of State for Ondo State in his administration, having given the same status to the last appointee from the state in his first term in office. Today, Ondo State is the only state in the South West that has no substantive Minister in the cabinet.

“We, therefore, call the attention of Mr. President to this imbalance and urge him to urgently correct it to give the people of Akure and indeed Ondo State a sense of belonging and their rightful place in the federal cabinet.”

Senator Tayo Alasoadura, who represented Ondo Central Senatorial District at the 8th Senate, was among the 43 ministers sworn in by President Buhari on August 21.

Joe Igbokwe: Anyone who says Buhari isn’t doing well is a liar from the pit of hell

ALSO READ  Muslim group reacts as Buhari increases police salary
Continue Reading
Comments

News

Okonjo-Iweala: My Father Died Same Way He Lived

Published

on

“He died in Lagos soon after he arrived from a trip to the United States of America and Ghana. We are immensely grateful that his last moments were peaceful and that he died the same way he lived his life – with quiet dignity.”
by saharaReporters, New York Sep 14, 2019

The father of former Minister of Finance, Dr. Ngozi Okonjo-Iweala, Prof. Chukwuka Okonjo is dead. The former minister through her spokesperson, Paul Nwabuikwu, in a statement yesterday announced the death.

Okonjo-Iweala, in the statement, said his father died in Lagos soon after he arrived from a trip to the United States and Ghana.

“He died in Lagos soon after he arrived from a trip to the United States of America and Ghana. We are immensely grateful that his last moments were peaceful and that he died the same way he lived his life – with quiet dignity.

“Daddy was an accomplished man on so many levels – a highly respected academic, international public servant, university administrator, intellectual and traditional ruler. My father touched so many lives personally and professionally,” she said.

The former World Bank Chief added: “It is a tribute to the kind of life that Daddy lived that on his 90th birthday last year, a delegation of old students of Ibadan Boys High School presented him with a letter of commendation written in 1953 in which a colonial education administrator praised him highly for the all-round improvements he achieved in the school within a short period of time. He was only 25 then.

ALSO READ  Shehu Sani reacts to Catholic bishops visit to Buhari

“Daddy was a passionate intellectual and prolific writer whose last book was published at the age of 90. He touched so many lives personally and professionally and was an unrelenting believer and practitioner in the power of education to transform lives.

“In pursuit of this commitment, Daddy sponsored the education of at least 19 students up to university level in addition to his own seven children. He inspired and motivated so many more.

“Having witnessed the ravages of war, he was committed to unity and peaceful coexistence of all. From his marriage of 66 years to our mother, Prof. Kamene Okonjo to his dedication to duty, he was exceptional.”

EFCC confirms moves to repatriate Alison-Madueke

Continue Reading

News

AfDB launches US$ 2 billion 1.625% Global Benchmark due 16 September 2022

Published

on

By

The African Development Bank (AfDB) rated Aaa/AAA/AAA (Moody’s/S&P/Fitch, all stable), has launched and priced a US$ 2 billion 3-year Global Benchmark bond due 16 September 2022, its first US$ benchmark of the year.

Launched on September 11, the bond issue is the Bank’s second Global Benchmark of 2019, following a EUR 1 billion 10-year priced in March 2019. With this transaction, the Bank has now raised US$ 4.4 billion in 2019 to date and executed 61% of its borrowing program for the year. The transaction received strong support from investors globally, with order books reaching US$ 2.8 billion and 53 investors participating. The high quality of the order book is illustrated by the strong participation of Central Banks and Official Institutions, taking 64% of the allocations.

The African Development Bank decided to take advantage of favorable investor sentiment post summer break to access the 3-year tenor, in spite of volatile market conditions ahead of the Fed Meeting the following week. The mandate was announced on Tuesday, September 10, at 12:00 London time with Initial Pricing Thoughts of Mid-Swaps + 13 basis points (bps) area.

The transaction met strong interest from the outset, with Indications of Interest in excess of US$ 1.8 billion (excluding Joint-Lead Managers interest) when order books officially opened at 08:00 London time the following morning, with initial price guidance of Mid-Swaps + 13bps area.

ALSO READ  Budget: Buhari set to sack heads of agencies, parastatals

Momentum continued throughout the European morning, with orders in excess of US$ 2.5 billion around 11:20 London time. At this time, final pricing was set at Mid-Swaps + 13bps. Following the close of the order book in the US, the size of the transaction was set at US$ 2 billion by 14:20 London time.

The transaction was priced at 16:24 London time with a re-offer yield of 1.679%, equivalent to a spread of 8.75bps vs UST 1.5% 15 September 2022, the issuer’s tightest print vs US Treasuries to date.

“We are delighted with this successful dollar Global Benchmark, and particularly pleased by both the very high quality of the order book and the solid participation of African Central Banks. The African Development Bank achieved its tightest ever spread to US Treasuries, and we are grateful to our investors across the world for this outcome, and the financing it will bring to the African continent”. Hassatou Diop N’Sele, Group Treasurer, African Development Bank

Continue Reading

News

Niger: IDPs reject government’s relief materials

Published

on

By

The Internally Displaced Persons (IDPs) in Niger State housed in some temporary camps have rejected relief materials donated to them by the state government.

The displaced persons said the government has handled their plight with levity.

They insisted on getting a permanent solution to the incessant security challenges in their communities.

Over 5,000 persons are currently taking shelter in five camps provided by the state government after bandits attacked several communities including Rafa and Shiroro.

ALSO READ  50% of Litigation in Oyo Are Land Related - Commissioner Reveals
Continue Reading
Advertisement

Tweets by ‎@megaiconmagg

Subscribe to our Newsletter

* indicates required

MegaIcon Magazine Facebook Page

MEGAICON TV

Trending

%d bloggers like this: