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Lagos records 50% GDP growth under my watch — Sanwo-Olu

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The Lagos State Governor, Babajide Sanwo-Olu, has said the Gross Domestic Product of Lagos, in the last five years under his administration, had risen by almost 50 per cent, surpassing the size of the GDPs of over 40 African countries.

The responsible factors, the governor said, could be linked to the unending effort by his administration to improve the Ease of Doing Business and the decision to leverage the technology and entrepreneurial abilities of its population for economic activities.

Sanwo-Olu said Lagos had grown from being a state in deficit in the military era to becoming a hub for investment and technological advancements.

The governor stated this while delivering the closing speech at the ongoing 3rd AfriCaribbean Trade and Investment Forum (ACTIF 2024) in Nassau on the theme: “Global Africa, Global Lagos: The Role of Sub-Nationals in Driving the Global African Agenda.”

“Lagos is an example of a unique African success story, shaped by an interesting mix of advantages and challenges. It is the smallest of Nigeria’s 36 States, yet is responsible for more than a third of Nigeria’s entire GDP. Lagos has grown to have a GDP that is greater than the GDPs of all but seven African countries. In the last five years, under my leadership, we have seen an almost 50 per cent increase in our GDP,” Sanwo-Olu was quoted as saying in a statement on Thursday by his spokesman, Gboyega Akosile.

He added, “Lagos presents a significant context on how sub-national governments are vital in writing new stories of development and advancing the economic agenda of the continent. I am proud to say that we in Lagos State have indeed mastered the art and science of Public-Private Partnerships. Having pioneered this private sector-led development in Lagos, we are now exporting that template to other States across the country.

“Our growth stories speak to the importance of African solutions and African capacity for tackling African problems. As we work towards accomplishing our aspirations, it is clear that sub-sovereign entities, such as cities, states, provinces, regions, and municipalities, can be instrumental in translating African countries’ high-level goals into tangible outcomes. It is at this sub-national level that a lot of the most remarkable reforms and transformations are playing out.”

Court adjourns suit seeking Ganduje’s sack as APC chairman to June 26

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Justice Inyang Ekwo of the Federal High Court, Abuja, on Thursday adjourned till June 26 hearing of a suit seeking the removal of Abdullahi Ganduje as the National Chairman of the All Progressives Congress (APC).
The judge fixed the date after the plaintiff’s lawyer, Benjamin Davou, sought the leave of the court to allow time to reply to Ganduje’s preliminary objection.
The plaintiff – the North-Central APC Forum led by Saleh Zazzaga had in the suit marked: FHC/ABJ/CS/599/2024 queried the propriety of Ganduje’s appointment as the chairman of the APC when he is not from the North-Central geopolitical zone.
Ganduje, the APC, and the Independent National Electoral Commission (INEC) were listed as respondents in the suit.
When the case was called on Thursday, Davou said although the suit was slated for hearing, it would not go ahead because Ganduje’s lawyer, Raymond Asikeni, just served him the notice of preliminary objection and their counter affidavit.
He promised to file his reply to the two sets of documents filed by the former Kano State governor next Wednesday
Justice Ekwo adjourned the hearing in the suit till June 26.
He said: “On the hearing date, the preliminary objection will be taken together with the substantive suit.
“The processes of any party absent from court shall be deemed adopted.”
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Four to die by hanging for armed robbery, murder in Ekiti

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An Ekiti State High Court, Ado Ekiti Division, on Thursday, sentenced four persons to death by hanging for armed robbery, murder and conspiracy.

The court also convicted and sentenced the defendants to life improvement for attempted murder.

They are Ogunleye Sola, Adebayo Ebenezer, Lasisi Afeez and Ojo Oba.

The charge read, “The defendants committed the offences on May 29, 2017, at Oyan Orete Camp, Ijan Ekiti where the occupants of the camp were robbed at gunpoint and one Olasunkanmi Ramon was murdered while Alhaji Adeleye Usman was attacked with a cutlass on the head by the defendants.

“The offences committed by the four defendants are contrary to Section 6(b) of the Robbery and Firearms (Special Provisions) Act, Cap. R11, Laws of the Federal Republic of Nigeria, 2004; Murder and Attempt to Murder contrary to sections 319(1) and 320 of the Criminal Code Law, Cap.C16, Laws of Ekiti State, 2012.”

The Director of Public Prosecutions, Julius Ajibare, who prosecuted the case for Ekiti State, called five witnesses and tendered seven exhibits to prove his case.

The defendants spoke through their counsel, Chris Omokhafe and Oluwaseun Banji, who gave evidence in their defence and called two other witnesses.

In the judgment, Justice Olukayode Ogundana held that the prosecution proved all the offences against the defendants beyond reasonable doubt.

The judge consequently convicted all the defendants and sentenced them to death by hanging for the offences of conspiracy, armed robbery and murder just as he sentenced them to life imprisonment for attempted murder.

G7 signs $50bn loan for war-ravaged Ukraine

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The Group of Seven major democracies agreed on Thursday to provide a $50 billion loan to Ukraine.
The G7 is sourcing the money from the interests accruing to Russian assets frozen after Russia launched its war against Ukraine in 2022.
The Group of Seven consists of France, Germany, Italy, Japan, the United States, the United Kingdom, and Canada.
The world’s largest developed economies agreed to the loan to Ukraine during the opening day of the annual summit of the G7 leaders taking place in Italy.
“There is a lot of work to be done, but I am sure that in these two days (of the G7 meeting), we will be able to have discussions that will lead to concrete and measurable results,” Italian Prime Minister Giorgia Meloni told her G7 guests.
The G7 plan revolves around a multi-year loan using profits from some $300 billion of impounded Russian funds.
Fear is already being expressed, however, that the idea of the loan might draw unsavoury repercussions, as Russia is already quoted as saying that attempting to use income from its assets is criminal and that it will respond in a way that the European Union will find painful.
Western nations had frozen Russia’s assets in bank accounts located within Europe and the US as part of sanctions after Russia’s Vladimir Putin ordered the invasion of Ukraine about two years ago.
The Russia-Ukraine war has continued in the meantime.
On Wednesday, June 12, nine people were reported killed in Russian aerial attacks on Ukraine.
G7 signs $50bn loan for war-ravaged Ukraine

Tinubu congratulates Okonjo-Iweala on 70th birthday 

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President Bola Tinubu, on Thursday, congratulated the Director-General of the World Trade Organisation, Dr Ngozi Okonjo-Iweala, on her 70th birthday.

The Special Adviser to the President on Media and Publicity, Ajuri Ngelale, said in a statement on Thursday that the President rejoiced with the leader and her family on the occasion.

“The President extols the former Minister of Finance for her service to the nation and efforts towards building resilient institutions.

“President Tinubu also commends the Director-General of the World Trade Organisation for being a worthy ambassador of Nigeria, exemplifying the grit, diligence, and brilliance that Nigerians are known for.

“The President prays for many more years in good health for Dr. Okonjo-Iweala and her family,” the statement read.

Meanwhile, the WTO DG also took to her X to appreciate Tinubu’s gesture.

She posted, “I would like to thank H.E President Bola Ahmed Tinubu #officialABAT for his warm and generous message on my 70th birthday.

“It’s been an honour and a privilege to serve the nation.”

According Online reports that Okonjo-Iweala is a renowned Nigerian economist and international development expert, celebrated for her groundbreaking contributions to global finance and economic policy.

Born on June 13, 1954, she has had a distinguished career spanning several decades, marked by significant achievements in both national and international spheres.

Okonjo-Iweala made history as the first woman and the first African to serve as the Director-General of the World Trade Organisation, a position she assumed in March 2021.

Prior to this, she served twice as Nigeria’s Finance Minister, where she was instrumental in implementing critical economic reforms, negotiating debt relief for Nigeria, and promoting transparency and accountability in government finances.

Her illustrious career also includes notable tenures at the World Bank, where she rose to the position of Managing Director, overseeing a wide range of initiatives aimed at fostering sustainable economic growth and poverty reduction in developing countries.

A Harvard-educated economist with a Ph.D. from the Massachusetts Institute of Technology (MIT), Okonjo-Iweala is widely respected for her expertise, leadership, and dedication to economic development and international trade.

Oyo generates N4.9bn, to begin rural road construction

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Oyo State Governor, Seyi Makinde, has announced that the state government achieved N4.9bn in revenue and is set to commence construction projects on rural roads.

Makinde revealed plans for the construction of 1,000km of rural roads to facilitate farming activities and the transportation of agricultural produce from rural areas to urban centres.

In a statement signed by the Special Adviser on Media to Oyo State Governor, Sulaimon Olanrewaju on Thursday, Makinde said these farm roads are part of the Rural Access and Agricultural Marketing Project, with procurement completed and mobilisation to sites expected in the coming weeks.

Additionally, Makinde has authorised the 33 Local Government Areas to grade 30 kilometres of road each.

Addressing a special plenary sitting at the Oyo State House of Assembly Complex in Ibadan, the state capital on Thursday, Makinde outlined his administration’s approach to road construction, emphasizing connectivity across the state’s zones as a priority.

He stated, “Our strategy is straightforward: prioritize inter-zone connectivity to address 50 per cent of our transportation challenges. Subsequently, we will focus on improving internal roads.

“Of course, now we have started with Ibadan’s inner roads. We also have the RAAMP under which 1,000km of rural farm roads are going to be constructed and I think we are almost done with the procurement process and we should see mobilisation to sites soon.

“Also, I have already given a nod for the implementation of about 30 kilometres of road per local government. They should go ahead and do it, as we have given the nod. The money is sitting in the account of each local government area.”

The governor, who appreciated members of the House of Assembly and the people of Oyo State for their support for the administration and contributions to the growth of the state’s economy, said “the Internally Generated Revenue (IGR) of the state increased from N4.2bn in 2023 to N4.95bn in the first quarter of 2024.”

Makinde added that the policies and projects of his administration in the last five years have been geared towards restoring the dignity and pride of Oyo State.

He gave the assurance that there would continue to be a cordial relationship among the three arms of government to ensure that all zones of the state feel the impact of good governance.

The governor gave an account of his administration’s achievements across the four service-point agenda of the government, including education, health, security and expansion of the state’s economy through infrastructure development, agribusiness, tourism and solid mineral development.

He further explained that his administration has been able to rejuvenate the economy of the state through the implementation of the Sustainable Actions for Economic Recovery, which was introduced to cushion the effect of subsidy removal on residents of the state.

“From accelerated development to sustainable development, we have always believed in taking a completely different approach to the economic development of our dear State. This is why when fuel subsidies and the peg on the dollar were removed, while other States were busy distributing palliatives, we were thinking of short, medium, and long-term solutions.

“We came up with SAfER – Sustainable Actions for Economic Recovery. The key words are sustainable actions. SAfER has various, including a food relief package, transport subsidy, food security measures, provision of health insurance, and support for small and micro enterprises and civil servants,” he said.

In the infrastructure sector, Makinde said, “This administration has successfully connected all zones of the state through the 65 km Moniya-Ijaiye-Iseyin Road, the 34.85km Oyo-Iseyin Road and the 76.67km Iseyin-Fapote-Ogbomoso Road named Adebayo Alao-Akala Memorial Highway.

“The administration also delivered the 12.5km Challenge-Odo Ona Elewe-Elebu-Apata Road Dualisation named after Chief Theophilus Akinyele; the dualisation of the 8.2km Agodi Gate-Old Ife Road-Adegbayi Road, including an underpass at Onipepeye area, while it is currently reconstructing the 48km Ido-Eruwa Road to link Ibadan and Ibarapa Zones, among other road projects.

“The real impact of the road project is that the state is fast becoming a regional agribusiness industrial hub, with the Fasola Agribusiness Industrial Hub located on the Oyo-Iseyin Road, hosting agri-industries such as FrieslandCampina WAMCO with 200 hectares of dairy production; Milkin Barn Agro Services Ltd with 150 hectares for maize cultivation and dairy production; IITA platform Generative and GOSEED Vegetative Ltd with 100 hectares for cassava value chain development, among other companies.”

Makinde also reiterated his administration’s commitment to building institutions that will guarantee the well-being and continued prosperity of the state, saying his government would be defined by these institutions.

He solicited for more support and collective responsibility to solve various challenges facing the state, noting that the government cannot do it alone.

Earlier, the Speaker of the Oyo State House of Assembly, Adebo Ogundoyin, said the Assembly has, in the last year, worked tirelessly to review and pass important legislation, debated critical issues, and represented their constituents with dedication.

He commended the lawmakers for their high level of commitment and patriotism to the welfare of the people of Oyo State and their collaboration with the Executive Arm of Government in its quest to transform and re-engineer the state.

According to Ogundoyin, all the achievements recorded by the House within the last year were due to the unflinching support and cooperation of Governor Makinde, who according to him, “has taken good governance to a higher level of quality, impact and effectiveness.”

The event had in attendance the Deputy Governor of Oyo State, Barr. Bayo Lawal; PDP Deputy National Chairman (South), Ambassador Taofeek Arapaja; as well as former Deputy Governors of Oyo State, Engr. Hamid Gbadamosi and Alhaji Hazeem Gbolarumi among other dignitaries.

Police arrests two suspected kidnappers, rescues victim in Kaduna

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Police operatives in Kaduna on Tuesday arrested four suspected kidnappers and rescued a victim in the state.
The spokesman for the state police command, Mansir Hassan, confirmed the development in statement on Thursday in Kaduna
He said: “On June 11, at about 0500 hours, the Divisional Police Officer (DPO) of Maigana received a distress call from Yakasai village that one Abubakar Sale, also from Yakasai had been kidnapped there by unknown gunmen.”
“After receiving this information, the DPO led a combined team of policemen and the members of a vigilance group to the scene.
“The team tracked the bandits from Yakasai to Awai village, where they found the victims in a hut unharmed.”
“Although the criminals tried to escape, the police successfully arrested two suspects.”
He listed the suspects as Abdulmumini Auta (60) and Garba Shehu (30), both from Yakasai village.
Hassan said seven rustled cows were recovered from the suspects while investigations into the case are ongoing.
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Sallah: Governor Bala Mohammed approves wage award for Bauchi civil servants

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Bauchi Governor, Bala Mohammed, has approved the immediate payment of N10,000 wage award to all categories of civil servants in the state.
The Head of Civil Service, Yahuza Haruna, said in a statement signed by Mohammed Sani Umar, Permanent Secretary, Establishment, that the move is meant to provide civil servants with additional resources to celebrate Eid el-Kabir amidst the challenging economic situation.
He commended the governor for his support, which enabled the state workforce to perform their duties more efficiently.
He also called on the workers to reciprocate the governor’s gesture by dedicating themselves to their duties.
Sallah: Governor Bala Mohammed approves wage award for Bauchi civil servants

Benue receives share of FG’s grains

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The National Emergency  Management Agency, on Thursday, handed over the Federal Government approved grains to Benue State Government for onward delivery to vulnerable people in the state.

The agency’s Director-General, Zubaida Umar, said the distribution was in fulfilment of President Bola Tinubu’s promise to reduce the impact of the current economic downturn being experienced in the country in line with the Renewed Hope Agenda.

According to the DG who was represented by the Zonal Director, North Central, Mr. Bashiru Garega, the items allocated to the state include; 17,940 bags of 50kg maize and 4,324 bags of 25kg of garri (cassava flake).

Garega said the President approved the release of 42,000MT of assorted food commodities from the National Strategic Reserve under the custody of the Federal Ministry of Agriculture and Food Security (FMOA&FS) which include maize, millet, sorghum and garri.

The zonal director directed that the commodities be handled by constituted committees in each local government area made up of the chairman of the LG, State Emergency Management Agency, a traditional ruler, Department of State Services, Nigeria Police Force, Nigerian Security and Civil Defence Corps, faith-based organisations (JNI & CAN), Nigerian Union of Local Government Employees, Nigerian Red Cross Society, women associations, Persons With Disability Groups, youth associations, principals of boarding schools, and the media.

He said,  “It is worthy of note that based on the allocation table, Benue State has been allocated 897MT of maize (17,940 bags of 50kg) and 1O8MT of garri (4,324 bags of 25kg)

‘”The above food items will be shared equally to all the LGAs in the State. Also, based on the directives of Mr President, 20% of the food items due for each LGA should be given to religious organizations (JNI & CAN) and 3% to be given to boarding schools in the LGAs”.

Appreciating the Federal Government, the acting Executive Secretary Benue State Emergency Management Agency, James Iorpuu, said the distribution was a testament to the Federal Government’s commitment to ensuring Food security and providing support to communities in need, particularly in crisis.

He said the grains were part of ongoing efforts to mitigate the impacts of disasters, conflicts, and food insecurity that have affected various parts of our country, including Benue State.

“The grains we receive today will provide essential sustenance to thousands of families, alleviating hunger and offering relief to those most affected by recent adversities. This generous support will help stabilise our communities and provide a foundation upon which we can rebuild our lives and livelihoods.

“We will uphold the principles of transparency, accountability, and efficiency in our distribution efforts, ensuring that this assistance reaches those who need it the most,” he said.

Buhari did everything to subjugate Igbos, says Edwin Clark

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The leader of the Ijaw Nation, Chief Edwin Clark, says former President Muhammadu Buhari did everything to subjugate Igbos from the South-Eastern part of Nigeria for reasons best known to him, noting that Buhari excluded the southeast from some of his appointments during his time in office.

Clark stated this in a letter to President Bola Tinubu, where he also pointed out that Buhari did not appoint anyone from the s
South East in his constitution of the Board of the Nigeria National Petroleum Corporation, even though the region had three oil-producing states including Abia, Anambra and Imo States.

He further recalled how Buhari allocated less than 1% of a $22.7bn loan to the South East zone, while others received higher percentages, adding that the former President also failed to appoint service chiefs from the region.

“President Buhari did everything to subjugate the Igbos for reason best known to him. Perhaps it may be necessary to cite some examples; the NNPC board which he constituted when he came into office had 9 members, 1 from the South-West, 1 from South-South, and no member from the South-East, even though 3 South-East states; Abia, Anambra and Imo are oil producing states; the remaining members including his Chief of State came from the North, a non-oil producing region.

“However, he later tried to amend it when he appointed Sen Ifeanyi Ararome as chairman of the second board; and he later replaced him with Margery Chuba-Okadigbo before he took office. He (Senator Ifeanyi Ararome) took the matter to court and won but the situation has not changed.

“Also, when President Buhari attempted to obtain loans from foreign financial institutions that exceeded 30% of the GDP which was not in the interest of the country; and the loan of $22.7 billion (USD), of which less than 1% of the amount was to be allocated to the South-East zone while other zones were allocated higher percentage for infrastructural projects, is a violation of the constitutional requirement to ensure a balanced economic development of Nigeria in accordance with President Buhari’s Oath of Office. In President Buhari’s 17-man security chiefs, 14 of them came from the North and only 3 from the South excluding the Igbos from the South East,” the letter read.

Clark also stated that the “discrimination and injustice” against the Igbo had not abated under Tinubu’s administration, noting that while he (Tinubu) appointed 10 ministers from the Southwestern region, only six had been appointed from the South, adding that there was no justification for the omission.

“Mr President, even in your administration, the discrimination and injustice against the Igbos has not abated. The old Eastern Region and the old Western Region, to which I belonged, were equal competitors and partners before and during the First and Second Republic but today, you have appointed 10 Yorubas as Ministers from the South-West, and only five (5) Ministers from the South-East, and you even failed to give them the ministerial appointment due to their region that would have made it six (6) Ministers. There is no justification for this grave omission and no effort has been made to correct it,” he added.

The elder statesman, therefore, called on the President to immediately restructure the country if the nation was to remain one. He also called for the implementation of the 600 recommendations of the 2014 National Conference Report, and for the Igbos to stand up and legitimately assert their rights.

“Now that the elections are over, we must face the restructuring of this country. I repeat the immediate restructuring of Nigeria must be carried out if this country is to remain one, and I appeal to Mr President to take immediate action to implement the historic 2014 National Conference Report which submitted 600 recommendations to the Presidency on how to restructure Nigeria in every aspect of our lives.

“The Igbos of Southeast or wherever they are in Nigeria, must stand up and assert their rights legitimately, judiciously and in a democratic way, to benefit like any other Nigerian as it was before the civil war of 1967”.