When Eng. Remi Oseni promised to be the Governor for his constituents in Ido/ Ibarapa East Federal constituency, not many thought that was a possibility. Ever before his election as member representing Ido/Ibarapa East in the Green Chamber, Remi Oseni has established himself as a philanthropist. His character as a cheerful giver were never in doubts but to shoulder the responsibilities of Governor in his constituency seems like a tall order. Surprisingly, the House committee chairman on FERMA have walked his talk and is proving to be up to the task of fulfilling the duties of the Council Chairman, Hon.…
Author: Editor-in-chief
“Saworo Ide” was a Yoruba bluckbuster produced by Tunde Kelani of the Mainframe fame. The story catalogued the transition from what could be termed a frying pan to the fire by a town in search of good governance. I have wondered several times whether “Jogbo bi aro” couldn’t have been a better title for that epic drama. The story was centered on a town named Jogbo. The Yoruba word, Jogbo is synonymous with bitterness. That is why Yorubas would say “o koro bii Jogbo” when they refer to an extremely bitter object or circumstance. The town, Jogbo was ruled by…
The Federal Government through the Central Bank of Nigeria has again raised the exchange rate for cargo clearance to N1,605/$. This is coming days after the rate rose to N1515/ $ and later dropped to N1,472. Between January and now, the rate has risen a couple of times. It was moved from N952/$ in December to N1356/$. And was moved to N1,413/$ before it went to N1,444/$. The rate moved to N1,515 before finally getting to N1.605. When our correspondent visited the portal of the Nigeria Customs Service on Wednesday, it was observed that the new rate was reflected on…
National leader of the Labour Party (LP), Peter Obi has called on President Bola Tinubu-led federal government to end the inconsistency in duty charges as it is affecting the general business atmosphere in the country. Obi, in a post on Tuesday via his verified X handle, opined “such arbitrary charges will obviously lead to further closure of businesses, and attendant job losses”. His words; “I wish to urgently call on the Federal Government of Nigeria to end the inconsistency in duty charges as it is affecting the general business atmosphere in the country. “The federal government should stop the arbitrary…
The naira Tuesday slid further at the parallel market in spite of the clampdown the federal government ordered on foreign exchange market speculators. Bureau De Change (BDC) hubs were raided in Abuja, Lagos and Kano and some operators were arrested. Despite the raids, however, the naira plunged further with a dollar exchanging for 1,900 in Abuja and Kano, and N1,800 in Lagos; while the British Pound was exchanged for N2,250. However, at the official market, the naira recorded a marginal gain closing at N1,551.24 as against the earlier N1,574.62, according to the Nigerian Autonomous Foreign Exchange Market (NAFEM). Daily Trust…
It is only the second month in 2024 and Nigeria’s creaking grid has collapsed three times, emblematic of the deep-rooted challenges denying a country of 200 million people stable power. The instability of the national grid is a function of having few plants – nine plants out of 22 – account for 80 percent of the energy fed into it, as electricity generation companies (GenCos) insist on receiving payment for power generated, according to findings by BusinessDay. The GenCos, responsible for generating electricity, said they are owed billions of naira in outstanding payment by the Nigeria Bulk Electricity Trading Plc,…
In President Bola Ahmed Tinubu’s Nigeria, hunger is ravaging the citizens. Poverty is wrecking havocs. The sick are dying in drives due to the unprecedented hike in the prices of drugs. I will not say that the president has not been directly or indirectly responsible for the problems in the Land. My biggest problem however, is that both president Tinubu and his handlers thought Nigerians should understand and bear with the Government despite the harsh economic realities just because they should! The art of persuasion and explanations are talents. Not everyone who can speak phonetics or some beautiful English possess…
During his campaign for the highest office in the land, Tinubu emphasised that he built Lagos to a model for good governance, infrastructure renewal and innovation and asked that he should be given the chance to replicate such in Nigeria. However, policies introduced by the president have not addressed the needs of Nigerians, but plunged the country into further hardship in some instances. This, some of Tinubu’s allies have blamed on the past. Recently, Senator Gbenga Daniel, a chieftain of the ruling All Progressives Congress (APC), said Tinubu inherited a dead economy. But in a series of posts via X,…
In a petition titled *“REQUEST TO WITHDRAW MOGAJI APPOINTMENT ON HAZEEM GBOLARUNMI”,* and signed by Alhaji Lukman Durosomo Olugbesan, Tunbosun Durosomo Olugbesan, Chief Taofeek Olugbesan, Akibu Durosomo Olugbesan, Labisi Olumide Olugbesan, Sunkanmi Labisi Olugbesan and Monsura Olugbesan accused the former deputy governor, Hazeem Gbolarunmi of engaging in actions capable of damaging the reputation, unity and peaceful coexistence among members of Olugbesan family. “Your Imperial Majesty sir, we are writing this letter to inform you of the collective decision of Olugbesan Family of Oke-Agbeni to withdraw the Mogaji appointment earlier given to Hazeem Gbolarunmi.” The letter reads: “For your information sir,…
Former Vice President Atiku Abubakar’s Special Assistant on Public Communication, Phrank Shaibu, has said that the refusal of the All Progressives Congress (APC)-led Federal Government to react to recent reports on the return of petrol subsidy showed that public funds have begun going into private pockets. Shaibu said this in a statement Monday in Abuja while reacting to reports by the international Monetar Fund (IMF) that the Nigerian government had begun paying petrol subsidy again. Media reports stated that monthly subsidy payment is nearly N1 trillion, which exceeds the amount that was being paid monthly by the former President Muhammadu…