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26/01/2024

C’est Fri-yaay!!!

NLC President Ajaero Voices Concerns Over Fuel Price SurgeBy: Emmanuel Ibitoye Joe Ajaero, President of the Nigeria Labo...
26/01/2024

NLC President Ajaero Voices Concerns Over Fuel Price Surge

By: Emmanuel Ibitoye

Joe Ajaero, President of the Nigeria Labour Congress (NLC), has expressed deep concern over the adverse impact of the recent fuel price hike on Nigerians, labeling them as "losers" for adapting to the surge. Speaking at the 21st Daily Trust Dialogue themed “Tinubu’s Economic Reforms: Gainers and Losers,” Ajaero highlighted the struggles faced by the masses, emphasizing the substantial increase in fuel prices from N187/liter to N700/liter.

Ajaero noted the absence of a corresponding increase in salaries and wages, underscoring the resulting hardships faced by citizens. Critically assessing the economic reforms, he pointed out that under former President Muhammadu Buhari, it took eight years for the exchange rate to move from N260/dollar to N700/dollar. However, within six months under President Bola Tinubu, it escalated to N1,350/dollar, leading Ajaero to question who the real losers were in this scenario.

Characterizing the current economic situation as a "public disaster and private gain," Ajaero highlighted the failure of privatized companies in Nigeria, attributing it to what he termed a "prodigal economy." Expressing concern about the country's escalating debt, he questioned the burden of repayment and criticized the enduring narrative of short-term suffering for long-term gains.

President Tinubu's decision to remove the fuel subsidy, as declared following his election, was reiterated in the context of redirecting funds toward essential sectors such as healthcare, transportation, education, housing, and national security. Tinubu emphasized that ending the subsidy aimed to curtail the channeling of substantial funds into the accounts of a select few, focusing on broader societal benefits.

As Ajaero concluded, he urged the implementation of policies to safeguard employment amidst growing company closures and rising unemployment, signaling a call for a comprehensive approach to address the economic challenges facing the nation.

Lagos State Announces Ambitious Plans: To Establish Airline, Construct Airport in Lekki Governor Babajide Sanwo-Olu has ...
26/01/2024

Lagos State Announces Ambitious Plans: To Establish Airline, Construct Airport in Lekki

Governor Babajide Sanwo-Olu has revealed plans for the construction of its own airport in the burgeoning Lekki suburb. The announcement came during the Lagos West Senatorial District Town Hall meeting at the Balmoral Convention Centre, Ikeja, where Governor Sanwo-Olu presented the achievements of his administration to Lagosians.

Highlighting the state's commitment to advancing infrastructure, the governor disclosed that the planned airport would be situated in Lekki, a fast-developing area on the Epe axis of Lagos. This ambitious venture aims to further bolster Lagos State's standing as a major economic hub.

During the presentation, Governor Sanwo-Olu also addressed the delay in the commencement of the much-anticipated 38-kilometer Fourth Mainland Bridge. He attributed the setback to funding challenges but assured residents that efforts were underway to overcome these obstacles.

The Fourth Mainland Bridge is designed to connect Lagos Island across the Lagoon, stretching from Langbasa in Lekki to Baiyeku, Itamaga in Ikorodu. The proposed 2 x 4 lane carriageway includes provisions for a Bus Rapid Transit Lane and future road expansion, with the primary goal of alleviating traffic congestion on existing bridges connecting Lagos Island to the Mainland.

Governor Sanwo-Olu emphasized that the new infrastructure projects are part of the state's strategic vision to enhance transportation, stimulate economic growth, and position Lagos as a global player.

NLC Criticizes Tinubunomics, Government Defends Reforms Amid Economic ConcernsBy: Emmanuel IbitoyeThe Nigeria Labour Con...
26/01/2024

NLC Criticizes Tinubunomics, Government Defends Reforms Amid Economic Concerns

By: Emmanuel Ibitoye

The Nigeria Labour Congress (NLC) took a critical stance against President Bola Tinubu's economic reforms, expressing concern over the worsening economic conditions in the country.

NLC President Joe Ajaero, at the 21st Daily Trust Dialogue in Abuja, cautioned against heeding advice from the World Bank and International Monetary Fund (IMF). He argued that many of Tinubu's reforms mirrored policies of the World Bank and IMF, citing the fuel price hike as an example.

In response, Minister of Information and National Orientation Mohammed Idris defended Tinubu's economic reforms, assuring Nigerians that they would soon experience the benefits. President's Special Adviser on Information and Strategy, Mr. Bayo Onanuga, emphasized that the reforms aimed to stabilize the economy and restore the value of the national currency.

Ajaero highlighted the impact of subsidy removal, devaluation of the naira, and the rising debt profile. He criticized the lack of palliatives, businesses closing down, and the alleged failure of privatised companies. Ajaero called for a holistic review of government policies, expressing concern that the country's situation was worsening.

Minister Idris reassured Nigerians that the government was committed to implementing the N35,000 wage award and addressing the short-term effects of subsidy removal. He described the reforms as a mix of immediate measures and long-term solutions, acknowledging temporary pains but asserting that they would not last.

Onanuga defended the removal of the fuel subsidy, stating that it was a necessary step to end subsidy-related corruption. He characterized the currency reforms as a "work in progress" and emphasized ongoing efforts to stabilize the naira.

The Presidency justified the reforms, arguing that subsidised petrol had been exploited by some Nigerians, leading to billions being lost. The government's goal was to address immediate economic shocks and provide a long-term solution.

In response to the criticisms, Ibrahim Abdullahi from the PDP lamented the lack of a clear economic policy to alleviate Nigerians' suffering. Labour Party Spokesman Ifoh criticized the government for not cutting down the cost of governance, accusing them of cronyism and corruption.

As the dialogue unfolded, it became evident that opinions on Tinubunomics and the government's economic reforms are sharply divided, with labor leaders and opposition figures expressing deep concerns about their impact on Nigerians. The government, however, remains steadfast in defending these policies, emphasizing their long-term benefits and the need for patience amid temporary challenges.

Naira Falls to N1,405 in Parallel Market Amid Exchange Rate ChallengesBy: Emmanuel Ibitoye In recent developments, the N...
26/01/2024

Naira Falls to N1,405 in Parallel Market Amid Exchange Rate Challenges

By: Emmanuel Ibitoye

In recent developments, the Nigerian naira witnessed a depreciation, reaching N1,405 per dollar in the parallel market, compared to N1,375 per dollar the previous day. Simultaneously, in the Nigerian Foreign Exchange Market (NAFEM), the naira experienced a decline, with the indicative exchange rate rising to N900.96 per dollar from N882.24 per dollar on the previous day, marking a depreciation of N18.76 for the national currency.

Data sourced from the Financial Markets Dealers Quotations (FMDQ) revealed the widening gap between the official and parallel market exchange rates. The current gap expanded to N504.04 per dollar, compared to N492.76 per dollar reported on the previous day.

These fluctuations in the exchange rates highlight the challenges facing the Nigerian currency in both official and parallel markets, contributing to concerns about economic stability. The widening gap between the two markets emphasizes the complexity of managing currency valuation in the country.

Two Injured in Collision Between Car and Bus on Agbara-Badagry Expressway, Confirms FRSCBy: Emmanuel Ibitoye The Federal...
25/01/2024

Two Injured in Collision Between Car and Bus on Agbara-Badagry Expressway, Confirms FRSC

By: Emmanuel Ibitoye

The Federal Road Safety Corps (FRSC) has verified that two individuals sustained injuries in a road crash involving a car and a commercial bus on the Agbara-Badagry expressway. Mr. William Manga, the FRSC Commander for Badagry Unit, confirmed the incident, stating that it occurred around 9:25 p.m. on Tuesday.

The collision, involving a Toyota Camry car with registration number MUS 648 CY and a Suzuki commercial bus with registration number FKJ 687 YD, was attributed to speeding and impatience on the part of both drivers. Mr. Manga reported that FRSC personnel arrived at the accident scene by 9:30 p.m. and found three persons involved, with two sustaining serious injuries.

One injured person was taken to a hospital by relatives, while the other victim was rushed to the General Hospital, Badagry, for treatment. The crashed vehicles were subsequently towed to the FRSC command's office.

Among the items recovered from the accident scene were a laptop, generator, and pumping machine, all handed over to the duty room officials at the command. Manga urged motorists using the Agbara-Badagry expressway to be mindful of the single lane in use and emphasized the importance of adhering to speed limits, as well as conducting routine vehicle checks for prompt fault detection and replacement.

Dapo Abiodun Seeks Collaboration with Lafarge Africa for Road Repairs and Environmental SafetyBy: Ogunleye Oluwapelumi S...
25/01/2024

Dapo Abiodun Seeks Collaboration with Lafarge Africa for Road Repairs and Environmental Safety

By: Ogunleye Oluwapelumi

Seeking to advance infrastructure development and prioritize the well-being of the people, Governor Dapo Abiodun of Ogun State has sought the collaboration of Lafarge Africa.

During a recent visit from Lafarge Africa's management team, discussions were held on fostering stronger collaboration and enriching the immediate environment. The governor, having secured the go-ahead from the Federal Ministry of Works to commence road repairs, urged Lafarge Africa and other prominent companies in the region to lend their assistance in identifying the exact sections of the road that require attention.

Furthermore, Governor Abiodun emphasized the importance of environmental safety practices. He earnestly urged Lafarge Africa to form a close alliance with the Ogun State Waste Management Agency (OGWAMA) and the Ogun State Environmental Protection Agency (OGEPA). Compliance with the highest standards of environmental safety is crucial to ensure the well-being of the people and the preservation of the region's natural resources.

" Furthermore, we earnestly urged Lafarge to form a close alliance with the Ogun State Waste Management Agency (OGWAMA) and the Ogun State Environmental Protection Agency (OGEPA) to ensure unwavering compliance with the highest standards of environmental safety practices." The governor said.

Ogun State Shuts Down Tyre Recycling Company for Environmental ViolationsBy: Emmanuel Ibitoye The Ogun State Environment...
25/01/2024

Ogun State Shuts Down Tyre Recycling Company for Environmental Violations

By: Emmanuel Ibitoye

The Ogun State Environmental Protection Agency (OGEPA) has taken decisive action by sealing a tyre recycling company in Obafemi Owode Local Government Area of Ogun State due to environmental infractions.

Farouk Akintunde, the Senior Special Adviser to the state Governor on Environment, issued the closure order during an enforcement tour conducted by the Agency. The company was found guilty of operating without adherence to environmental regulations, posing a potential threat to the well-being of the community residents. Akintunde urged companies to comply with the state's environmental laws to ensure the safety of lives and businesses.

Prompted by complaints from the community residents regarding the emission of hazardous carbon-monoxide by the company, the Agency swiftly took action to investigate and subsequently shut down the operation.

Akintunde emphasized the importance of prioritizing the safety of the host community and warned against practices that could jeopardize people's health or affect local businesses. He stated, “Lives of your host community should be a major priority to you; desist from practices that can be injurious to people’s health and or affect businesses, as the present administration will not take it easy with any environmental law defaulter.”

The closure serves as a clear message that environmental laws must be adhered to, and the government is committed to ensuring the well-being of the residents.

Africa Cup of Nations Round of 16 Fixtures Unveiled: Exciting Matchups AwaitBy: Emmanuel Ibitoye The anticipation for th...
25/01/2024

Africa Cup of Nations Round of 16 Fixtures Unveiled: Exciting Matchups Await

By: Emmanuel Ibitoye

The anticipation for the Africa Cup of Nations (AFCON) Round of 16 has reached its peak as the full fixtures are now confirmed, promising football enthusiasts an array of thrilling encounters.

AFCON Round of 16 Fixtures:

Saturday, January 27:
- Angola vs Namibia
- Nigeria vs Cameroon

Sunday, January 28:
- Equatorial Guinea vs Guinea
- Egypt vs Democratic Republic of Congo

Monday, January 29:
- Cape Verde vs Mauritania
- Senegal vs Ivory Coast

Tuesday, January 30:
- Mali vs Burkina Faso
- Morocco vs South Africa

Football fans can look forward to a weekend and early-week filled with intense matchups and exceptional displays of skill as these teams battle it out for a coveted spot in the quarter-finals.

Women Farmers Advocate for Federal Support to Boost Food SecurityIn a recent plea to the Federal Government, led by Enit...
25/01/2024

Women Farmers Advocate for Federal Support to Boost Food Security

In a recent plea to the Federal Government, led by Enitan Onitiri, the National Woman of the All Farmers Association of Nigeria (AFAN), women farmers are urging collaboration for sustainable farming practices and enhanced food security. The farmers highlighted the critical need for government support in the form of inputs such as seedlings, livestock feeds, and fertilizer.

Speaking on behalf of the farmers in Abuja, Onitiri emphasized that without adequate support, achieving meaningful food production would be challenging. The women stressed the importance of targeted assistance, including access to land, inputs, financial resources, and policies promoting gender-inclusive agricultural practices.

With 80 percent of Nigeria's farmers being women, they play a crucial role in agriculture and are committed to contributing significantly to the nation's food production. Onitiri stated that the association is strategically aligning its programs to make food available, affordable, and accessible while creating jobs and reducing poverty among women and youths.

Directing her plea to President Bola Tinubu, Onitiri urged key agencies like the Central Bank of Nigeria (CBN), the Bank of Agriculture (BOA), and the Nigeria Agricultural Insurance Corporation (NAIC) to work directly with farmers, eliminating middlemen. She stressed the readiness of women farmers to work and export their produce, highlighting the challenges they face due to expensive feeds.

Omolara Abati Svensson, Special Assistant to the AFAN Women Leader, echoed the call for collaboration, emphasizing the resilience of grassroots women farmers. Svensson urged President Tinubu to direct key agencies to work closely with these farmers, acknowledging the challenges they face but expressing confidence that with government support, they can turn agriculture into a thriving sector.

Lagos State Shuts Down Unregistered Traditional Birth Attendant CentresThe Lagos State Traditional Medicine Board (LSTMB...
25/01/2024

Lagos State Shuts Down Unregistered Traditional Birth Attendant Centres

The Lagos State Traditional Medicine Board (LSTMB) has taken decisive action by sealing two traditional birth attendant facilities that violated practice regulations. The enforcement operation, aimed at combating non-compliance with the code of conduct for traditional medicine practice in the state, resulted in the closure of facilities located at No. 58, Willoughby Street, Ebute-Metta, and 12, Ogunnaike Street, Agege.

Mrs. Adams Aisha, who led the LSTMB’s inspectorate team during the operation, emphasized that the facilities were closed to safeguard public health and safety in the state. The inspectorate team collaborated with the Lagos State Neighborhood Safety Corps to ensure a swift and effective response to protect the well-being of residents.

Speaking on the board's commitment, Adams stated that the operation is rooted in creating a structured Traditional Medicine practice that is respected, standardized, documented, modernized, and protected. The ongoing initiatives and clampdowns aim to protect the public from unscrupulous traditional medicine practitioners.

In response to the enforcement actions, Adams urged practitioners and the public to collaborate in upholding the best standards while prioritizing the well-being of patients seeking treatments.

This move comes after the Lagos government announced intentions to impose sanctions on traditional medical practitioners who fail to register their businesses with the traditional medicine board. The Registrar of LSTMB, Babatunde Adele, emphasized the need for practitioners to regularize their registration by visiting the agency's head office before February 6, 2024.

24/01/2024

Daily News: Ogun State Council of Obas Congratulates Governor Dapo Abiodun on Supreme Court Victory

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24/01/2024

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Ogun State Council of Obas Congratulates Governor Dapo Abiodun on Supreme Court VictoryBy: Ogunleye Oluwapelumi The este...
24/01/2024

Ogun State Council of Obas Congratulates Governor Dapo Abiodun on Supreme Court Victory

By: Ogunleye Oluwapelumi

The esteemed Ogun State Council of Obas extended their warm wishes to Governor Dapo Abiodun following his recent triumph at the Supreme Court.

Led by the Chairman, Oba (Dr.) Babatunde Ajayi, CFR, the Akarigbo and Paramount Ruler of Remoland, the council expressed their delight at the court's verdict, which upheld Governor Abiodun's well-deserved victory. The presence of other revered paramount rulers, including the Alake and Paramount Ruler of Egbaland and the Olu of Ilaro and Paramount Ruler of Yewaland, further highlighted the unity and support within the Traditional Institution in Ogun State.

Governor Dapo Abiodun expressed deep gratitude for the unwavering support and guidance he has received from the esteemed Traditional Institution in Ogun State throughout his journey in office, spanning over five years.

Alongside Oba (Dr.) Babatunde Ajayi, we were honoured to have the presence of other revered paramount rulers in Ogun State, including His Royal Majesty, Oba (Dr.) Micheal Adedotun Gbadebo, CFR, the Alake and Paramount Ruler of Egbaland, His Royal Majesty, Oba (Dr.) Kehinde Olugbenle, MFR, the Olu of Ilaro and Paramount Ruler of Yewaland, as well as the esteemed Awujale of Ijebuland, Oba Sikiru Kayode Adetona, who was represented by the Orimolusi of Ijebu-Igbo, His Royal Highness, Oba Lawrence Adebajo.

Police Apprehend Three Alleged Indian H**p Sellers in Ogun StateIn a recent operation, the Ogun State Police Command has...
24/01/2024

Police Apprehend Three Alleged Indian H**p Sellers in Ogun State

In a recent operation, the Ogun State Police Command has successfully arrested three individuals for their alleged involvement in selling Indian h**p in the Ifo Local Government Area.

The Police Public Relations Officer, Omolola Odutola, confirmed the arrests, revealing that the anti-robbery squad made the apprehension during a routine patrol last Saturday. The suspects, including Olashile Mustapha, Babatunde Ahmed, and Gbenga Adekanbi, attempted to escape upon sighting the police patrol but were pursued and apprehended.

Prior to their arrest, the police revealed that the trio had ties to two notorious gang members, Oloyo and Surulere, known for terrorizing the local community. Upon frisking the suspects, a considerable amount of substance suspected to be Indian h**p was discovered. The police indicated that a preliminary investigation would be conducted, and the suspects would be transferred to the State Criminal Investigation Department in Abeokuta for further processing.

Omolola Odutola confirmed the imminent prosecution of the three suspects once the investigation is concluded, emphasizing that the substance found on them is suspected to be Indian h**p.

Ogun Lawmaker Details Reasons Behind Speaker Oluomo's RemovalBy: Emmanuel Ibitoye Damilola Soneye, an All Progressives C...
24/01/2024

Ogun Lawmaker Details Reasons Behind Speaker Oluomo's Removal

By: Emmanuel Ibitoye

Damilola Soneye, an All Progressives Congress (APC) lawmaker in the Ogun Assembly representing Obafemi Owode State Constituency, has provided insights into the removal of the former speaker, Kunle Oluomo, citing alleged gross misconduct as the primary reason.

Soneye, in explaining the decision, emphasized that the role of the speaker should be one of equality among colleagues. However, he noted that Oluomo's conduct suggested a disregard for this principle, displaying traits of high-handedness, lack of focus, transparency, arrogance, poor leadership style, financial misappropriation, and inciting members against each other.

Oluomo, who was removed by 18 lawmakers during plenary, faced the allegations in a 26-member Assembly. The circumstances regarding the attendance of Oluomo's supporters during the removal remain unclear, as 18 lawmakers signed the notice.

The plenary session, presided over by Deputy Speaker Mrs. Bolanle Ajayi (APC-Yewa South), saw Oludaisi Elemide elected to replace Oluomo, representing Ifo 1 State Constituency.

Adegoke Adeyanju (APC-Yewa North 1) moved the motion for the speaker's removal, seconded by Ademola Adeniran (APC-Sagamu11). Following his election, Elemide assured the citizens of a positive leadership change, emphasizing their commitment to supporting Governor Dapo Abiodun, stating that the governor was not involved in the removal process.

Ward Councillors in Ogun State Show Support for Governor Abiodun AdministrationBy: Ogunleye Oluwapelumi Governor Prince ...
24/01/2024

Ward Councillors in Ogun State Show Support for Governor Abiodun Administration

By: Ogunleye Oluwapelumi

Governor Prince Dapo Abiodun of Ogun State received a joyful visit from 236 Ward Councillors. The visit came in response to the Supreme Court's pronouncement affirming the governor's hard-earned electoral victory.

The Ward Councillors, as representatives closest to the hearts of the people, expressed their profound admiration and satisfaction with the administration's commitment to providing qualitative governance and ensuring the flourishing of the state's economy.

"Our administration’s unwavering commitment lies in the provision of qualitative governance, a promise we made to ensure the flourishing of our economy and the prosperity of every individual in our great land.

"The Ward Councillors recognised this collective goal and showered their praise upon us, acknowledging our tireless efforts to make it a reality." Dapo Abiodun wrote in a post.

Super Eagles to Battle Indomitable Lions in AFCON Second Round ClashBy: Ogunleye Oluwapelumi The Indomitable Lions of Ca...
23/01/2024

Super Eagles to Battle Indomitable Lions in AFCON Second Round Clash

By: Ogunleye Oluwapelumi

The Indomitable Lions of Cameroon will face the Super Eagles of Nigeria in the second round of the ongoing Africa Cup of Nations (AFCON) in Ivory Coast.

Cameroon scored two late goals to defeat the Gambia 3-2 in their final group game at the Stade de Bouaké on Tuesday.

The Indomitable Lions finished second in Group C with four points and a superior goal difference over Guinea, who were defeated 2-0 by Senegal in the group’s other game.

Cameroon will play Nigeria in the second-round match on January 27 at the Felix Houphouet Boigny Stadium, Abidjan.

Breaking: Decomposed Body Discovered in Sagamu Street, Residents Seek Urgent ActionBy: Ogunleye OluwapelumiResidents of ...
23/01/2024

Breaking: Decomposed Body Discovered in Sagamu Street, Residents Seek Urgent Action

By: Ogunleye Oluwapelumi

Residents of Akin Odubiyi streets, off Ode Lemo road in Sagamu, Ogun State, have raised concerns after the discovery of a decomposed body in a nearby canal.

According to a resident, the body was found on Monday, January 22, 2024, due to the overwhelming odor that has engulfed the entire area.

The putrid smell emanating from the decomposed body has made the environment unbearable for residents, prompting them to call on the Sagamu local government and other concerned authorities for immediate assistance. The residents hope that the removal of the body will restore a sense of safety and tranquility to their community.

As of now, the identity of the deceased remains unknown. The residents, while awaiting official confirmation, are hopeful that the authorities will respond promptly to their plea and alleviate the distress caused by the situation. They emphasize the urgency of the situation and the need for immediate action to restore peace and normalcy to the Akin Odubiyi streets and its surrounding areas.

More updates soon.......

Ogun State Electric Bike Project: Revolutionizing Mobility By: Ogunleye OluwapelumiOgun state in collaboration with NGTS...
23/01/2024

Ogun State Electric Bike Project: Revolutionizing Mobility

By: Ogunleye Oluwapelumi

Ogun state in collaboration with NGTSL/Spiro, is set to phase out internal combustion engine (ICE) bikes and introduce electric bikes. Governor Prince Dapo Abiodun announced this ambitious initiative, which aims to revolutionize transportation in the state.

Test drives have already been conducted in Abeokuta to ensure the adaptability of electric bikes on rough terrain, while a comprehensive sensitization campaign has engaged key stakeholders in the transport sector. With the goal of deploying 250 swap stations across the state within six months, Ogun State is paving the way for a greener and more efficient future.

The electric bikes, known as Spiro commando bikes, offer an impressive range of 70-80 kilometers per battery swap. This transition is expected to result in a significant 30-40% reduction in operational expenses compared to traditional ICE bikes. Not only are electric bikes environmentally friendly, but they also produce minimal noise pollution, making them a preferred choice for communities.

The swap stations will allow riders to conveniently exchange batteries, ensuring uninterrupted mobility. Ogun State's commitment to sustainable transportation marks a major milestone in the state's efforts to create a cleaner and more sustainable future.

IGP Orders Posting of ACPs to Enhance Intelligence Department and Combat Crime NationwideBy: Ogunleye Oluwapelumi In a b...
23/01/2024

IGP Orders Posting of ACPs to Enhance Intelligence Department and Combat Crime Nationwide

By: Ogunleye Oluwapelumi

In a bid to strengthen the intelligence department of the Nigerian Police Force, Inspector General of Police (IGP) Olukayode Adeolu Egbetokun,has directed the immediate posting of Assistant Commissioners of Police (ACPs) to head the Intelligence Department at both Zonal and State Commands across the country.

This move is part of the IGP's vision to improve the effectiveness of the intelligence department and combat the rising crime rate in Nigeria.

The IGP's decision comes after reactivating the Presidential approval to upgrade the Force Intelligence Bureau to a Department, appointing DIG Habu Sanni as the head. The newly appointed ACPs have been tasked with deploying intelligence-based assets to tackle crimes and criminality in their respective areas of responsibility.

The IGP emphasized the importance of professionalism and leveraging their wealth of experience to strengthen the existing intelligence architecture of the Force.

This development signals a significant step forward in the fight against crime in Nigeria, as the police force continues to prioritize intelligence gathering and analysis.

Governor Ademola Adeleke Takes Bold Steps to Revitalize Mining Sector in Osun StateBy: Ogunleye Oluwapelumi Governor Ade...
23/01/2024

Governor Ademola Adeleke Takes Bold Steps to Revitalize Mining Sector in Osun State

By: Ogunleye Oluwapelumi

Governor Ademola Adeleke has taken decisive actions to ensure maximum economic benefits for the state and its people, while also prioritizing environmental safety.

During a joint stakeholders' business meeting with Segilola Resources Operating Limited, led by CEO Segun Lawson, held at the Governor's office, several key agreements were reached.

Firstly, it was established that the Osun State Government holds shares in Segilola Resources Operating Limited, as well as in the parent company traded publicly in Canada and the UK. This reinforces the state's commitment to the mining sector. Additionally, Hon. Kazeem Akinleye, the Chief of Staff, will represent the Osun State Government on the board of Segilola Resources Operating Limited, ensuring active participation in decision-making processes.

Furthermore, Segilola Resources Operating Limited will provide the state government with detailed information regarding royalties paid to the Federal government. This will enable the state to claim its rightful 13% derivatives, which will greatly benefit the people of Osun State. In compliance with the 2007 mining act, the state government will also establish the MIREMCO committee, comprising relevant representatives, to ensure effective governance and oversight.

To enhance synergy on environmental management and representation along the mining value chain, quarterly meetings will be held between the Office of Natural and Mineral Resources and the state government. This collaborative approach will contribute to sustainable development and responsible mining practices in Osun State.

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