EKITI HAS TAKEN BOLD MARCH FORWARD IN TWO YEARS, SAYS OYEBANJI
…delivers State of the State Address at Assembly Complex
…Secures Lawmakers’ Endorsement for Second Term
LUKMON MUBARAK EKITI
SPONSORED BY: H&H
Ekiti State Governor, Mr. Biodun Oyebanji, on Tuesday expressed satisfaction that the State under his watch has taken a bold march forward in all the key sectors of the economy as evidenced by verifiable indices of development.
Oyebanji who gave an account of stewardship before members of the Ekiti State House of Assembly while delivering the annual State of the State Address, commemorating the second anniversary of his administration, said his administration has been able to achieve much in two years because of the unflinching support and cooperation he had enjoyed from all and sundry so far.
The hallowed chamber of the state Assembly was filled to capacity with top governmrnt officials and prominent citizens in attendance, They include the Deputy Governor, Chief (Mrs) Monisade Afuye; Wife of the Governor, Dr Olayemi Oyebanji; members of the state executive council, heads of education institutions, heads of financial institutions, council chairmen, labour union leaders, and representatives of cocio political groups and political parties.
Governor Oyebanji used the opportunity to articulate the life-changing policies of his administration, ongoing and completed projects cutting across the key sectors and the landmarks recorded in governance which have won Ekiti several awards and distinguished state as a model among the comity of States in Nigeria.
The House of Assembly members during the State of the State Address endorsed Oyebanji for another term in office on the strength of what they described as his “impressive, commendable and laudable performance” in the past two years as captured in the address.
A motion “urging the people of Ekiti State to renew the social contract with Oyebanji beyond 2026” was moved by the lawmaker representing Ikere Constituency 1, Hon. Babatunde Oke which was seconded by the lawmaker representing Ido/Osi Constituency 1, Hon. Babatunde Fawekun.
The motion subjected to a voice vote and was unanimously endorsed with overwhelming”ayes” by all members present and sealed with the bang of the gavel by the Speaker, Rt. Hon. Adeoye Aribasoye. The Speaker charged his colleagues to take the message of endorsement back to their constituencies for them to key into the re-election agenda.
Addressing the Assembly members and the people of the State, Governor Oyebanji noted that his administration has invested in the state security architecture thereby ensuring protection of lives and property, which in turn has facilitated inflow of investment into the state economy.
He explained that the giant strides his administration was able to achieve in the last two years were made possible with the diligent execution of the six-pillar development agenda which was complemented with the Ekiti Development Plan 2021-2050 which highlights the State’s development projection within a timeframe of 30 years and the Sustainable Development Goals (SDGs).
he said the meticulous implementation of the development agenda with the involvement of the people had improved the living condition of the people and created more economic opportunities for them. He added that he was happy to report to the House that within te last two years the state had received excellent rankings in critical areas.
While acknowledging the fact that the first duty of the government is to maintain law and order and ensuring security of lives and property, the Governor disclosed that his administration has ramped up acquisition of security assets to further bolster the state arsenal following earlier massive security acquisitions.
He revealed that full operation have taken off at Ikere, Ijero, Ikole and Omuo Fire Service Stations while more vehicles have been procured for the Amotekun Corps which was complemented by upward review of the salaries of its operatives.
Oyebanji added that his administration also facilitated the deployment of additional troops from the Nigerian Army 32 Artillery Brigade in response to traditional rulers’ request for more security reinforcement and the establishment of the Agro Marshals Corps as a grassroots security system to protect the forests and keep suspected kidnappers at bay.
According to the Governor, his administration has strategically combined legal instruments, policies, reforms, and targeted social and physical infrastructure interventions to position Ekiti as a prime destination for investment where the State has recorded many milestones.
Some of the milestones include the $80 million support for the Ekiti Knowledge Zone from African Development Bank (AfDB; provision of $100,000 each to ten cooperatives in partnership with USADF, N1 billion cooperative fund for Ekiti Cooperative Industry, partnership with Access Bank to facilitate N1 billion credit facilities to Ekiti women to boost small scale businesses.
He stated further that approval granted by the Federal Government to make the Ekiti Knowledge Zone as a Free Trade Zone would generate 12,000 jobs for young people while the Ekiti State Mega Loca Fabrics (Aso Oke) Production Centre is been constructed.
The Governor further disclosed that total amount of N400 million was disbursed as grant to 922 Micro, Small and Medium Enterprises (MSMEs) and Corporate Affairs Commission (CAC) certificates of 5,400 MSMEs were sponsored by his administration.
In the field of education, the Governor disclosed the over 2,000 teachers were recruited in two years while a total sum of N14 billion was spent on the renovation and construction work in 203 public secondary schools under the Adolescent Girls’ Initiative for Learning and Empowerment (AGILE)
He identified other milestones in education to include the payment of almost N700m as Running Grants to all public schools in Ekiti State for the 2023/2024 session and payment of examinations fees exceeding N1.2 billion for over 150,000 students across junior and senior secondary school exams since 2023.
Others, according to him are payment of over N2.5 billion as counterpart funding for the 2022 and 2023 Universal Basic Education Commission counterpart funding, procurement of N174,032,505 worth instructional materials for primary schools, payment of car and housing loans, upgrading graduate teachers in primary schools to grade level 16 and various training and capacity building interventions for over 1,700 teachers.
The Governor thanked President Bola Ahmed Tinubu for his support for the administration. He also thanked immediate past Governor of the State, Dr Kayode Fayemi for instituting the State of the State Address, which he described as a veritable platform for accountability.
Concluding the address, he said: “Mr. Speaker, in bringing this address to a close, I would like to assure you that our commitment to upholding our social contract with Ekiti people remains steadfast and unyielding. We are driven by a passionate desire to bring prosperity to Ekiti people in the quickest time possible.
“We understand the urgency of the development agenda and will do everything within our powers to achieve the vision of our founding fathers. I also want to heartily thank the leadership and members of the Legislature and the Judiciary for guiding the other arms of Government in the direction of peace, progress, and justice for our dear state.”
Earlier in his remarks, the Speaker of Ekiti State House of Assembly, Rt. Hon. Adeoye Aribasoye, explained that the State of the State Address is in line with Section 100 (1) of the Constitution of the Federal Republic of Nigeria 1999 (as amended).
He said: “The importance of this address cannot be overstated. It serves as a platform for reflection, accountability, and projection of our vision for Ekiti State. It is an opportunity for the Governor to elucidate the strides we have made together, the challenges we have encountered, and the paths we shall forge ahead to ensure the continued development and prosperity of our beloved State.”
The Speaker noted that the Oyebanji Administration has been productive and fruitful in the last two years “with achievements which are visible to the blind and audible to the deaf.”
Rt. Hon. Aribasoye stressed that the 7th Assembly which he presides over and the executive arm led by the Governor has worked diligently to realize the core mandates encapsulated in six pillars of the current administration with the partnership fostering significant advancements in business, economic reforms, probity and accountability.
Access Bank Appoints Uche Orji as Independent Non-Executive Director
AJAGBE ADEYEMI TESLIM
SPONSORED BY: H&H
Access Holdings Plc (‘the Company’) is pleased to announce the appointment of Mr. Uche Orji as an Independent Non-Executive Director of its flagship subsidiary, Access Bank Plc (‘the Bank’), effective from January 7, 2025, following the approval of the Central Bank of Nigeria (‘CBN’).
orji
This appointment reflects our commitment to enhancing our governance practices and ensuring a diverse and experienced board.
Mr. Orji is a renowned investment banking professional, information technology entrepreneur, and finance expert with three (3) decades of professional and board experience. He is the Co-founder and Partner of Titangate Capital Management, an equity firm that invests in deep-tech, enterprise software, semi-conductors, hardware, and artificial intelligence companies.
He is the Founder and Director of Vitesse Africa Limited, an investment advisory firm focused on African energy, technology and infrastructure sectors. He serves as an Executive Board member and investor in Ultrasafe AI, an artificial intelligence/IT development firm that maintains strategic collaborations with leading technology companies. He also sits on the Board of Private Infrastructure Development Group, London, and chairs the Risk Committee.
Previously, Mr. Orji served as the founding Managing Director and Chief Executive Officer of Nigeria Sovereign Investment Authority. He held positions as Managing Director and Senior Analyst at UBS Securities Limited New York and Managing Director and Head of European Technology/Semiconductor Equity Research at JP Morgan Securities, London. He also served as Executive Director/Portfolio Manager at Goldman Sachs Asset Management, London. Earlier in his career, he was Acting Financial Controller at Diamond Bank Limited and an Audit Trainee at Arthur Andersen & Co.
He holds a Bachelor of Engineering Degree in Chemical Engineering from the University of Port-Harcourt and a Master of Business Administration from Harvard Business School.
Commenting on the appointment, Mr. Paul Usoro, SAN, the Chairman of the Bank said:
“Mr. Orji has been appointed based on his exceptionally rich professional, academic, and corporate board experience which will be invaluable to the Bank as we continue to pursue our strategic objectives.
We are confident that his addition to the Board would further enrich the quality of our decision-making process, enabling us to deliver even greater value to our customers and stakeholders.
His appointment has been made in accordance with the Bank’s internal policies and has been notified to all relevant regulatory authorities underscoring our commitment to upholding the highest standards of corporate governance.
On behalf of the Board, Management and staff, I warmly welcome Mr. Orji to the Board and look forward to his contributions towards our goal of becoming one of the top 5 African Banks in the shortest possible time.”
Go and List Your Challenges, Lagos Speaker tells NANS Member During Courtesy Visit
AJAGBE ADEYEMI TESLIM
SPONSORED BY: H&H
The National Association of Nigerian Students (NANS), Lagos State University (LASU) branch, on Friday paid a courtesy visit on the Speaker of the Lagos State House of Assembly, Princess Mojisola Lasbat Meranda.
The student representatives said the visit was to congratulate Meranda over her emergence as Speaker of the State Assembly.
Meranda, an alumnus of LASU, was elected Speaker on January 13 after the removal of Mudashiru Obasa by the lawmakers over issues relating to alleged high-handedness and financial impropriety.
Describing her as a thoroughbred Lagosian, the chairman of NANS, Abdulraheem Azeez, used the opportunity to list some of the challenges faced by students in the university.
According to him, students have had to read in darkness as the Ikeja campus gets less than two hours of power supply daily.
Azeez also raised the need for the State to make available loans for indigent students as well as for the Assembly to provide opportunities for students to witness the plenary of the House.
Meranda, while thanking the students for the visit, urged them to always attend town-hall meetings in their constituencies where they can contribute and make their opinions known.
She further encouraged them to apply for the loans initiated by the government as done by students in other countries.
The Speaker requested the students to formally send their complaints in written forms to the House for action.
The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede charge members of the National Youth Service Corps, NYSC, to be change agents and strong resisting force against corruption.
He also enjoined them to be active foot soldiers and whistle-blowers or intelligence-gatherers against corruption.
Speaking on Thursday, January 30, 2025 at the NYSC Orientation Camp, Yikpata, Edu Local Government Area of Kwara State, Olukoyede said It is important for youths to realise that, these roles, if performed creditably, will bring up appreciable growth in the economy of our nation. He said that, “creative energies of youths will be maximised when corruption is brought to its knees.”
The EFCC boss whose address was delivered by the Head, Public Affairs Department, Ilorin Zonal Directorate of the EFCC, Ayodele Babatunde said that most of the problem confronting the country such as kidnapping, banditry, poor infrastructure, among others were connected to corruption. He added that all hands must be on the deck to tame the cankerworm.
Olukoyede encouraged the youths to embrace the virtues of hard work and shun fraudulent practices such as cybercrime noting that, “it’s profitable to earn dignity and fame through hard work and legit business.”
While calling on the youths to channel their potentials productively and shun crime, the EFCC Chair said that, “Yahoo-Yahoo is not a sustainable way of life.”
“There is no shortcut to wealth and fame. The fact that the rate of unemployment is high should not be an excuse to resort to crime. Act of criminality might deliver wealth in the short term but there will be misery and gnashing of teeth”, he said.