Economy

Osun Slates Aiyegbaju Market for Facelift

Web News 8 December 2023 303 0

By Mojisola Oladele   As the Budget defence exercise continues at the Osun State House of Assembly, the Commissioner for Commerce and Industry, Reverend Bunmi Jenyo says efforts are in top gear to give Aiyegbaju International Market a standard facelift. Reverend Jenyo stated this during the Continue Reading

Economy

Ogun Assembly Passes Resolution on Adire, Kampala Local Industry

Web News 8 December 2023 225 0

By Omolara Adasofunjo Ogun State House of Assembly has passed a resolution requesting that the State Government put machinery in place to check the subtle take-over of Adire Kampala local industry by foreigners. The resolution was passed after the motion moved by the Majority Leader, Mr Yusuf Sheriff and seconded by the Minority Leader, Mr […]Continue Reading

Economy

Ooni Asks Leaders to Take the Lead in Purchasing Local Products

Web News 8 December 2023 272 0

By Folake Oye The Ooni of Ife, Oba Enitan Ogunwusi has emphasised the need for leaders to embrace the use of local products. Oba Ogunwusi made the call in his palace in Ile-Ife when he received two vehicles and three motorbikes from an indigenous vehicle manufacturing company in commemoration of his 8th year on the […]Continue Reading

Economy

Senate Committee Pledges Upward Review of Solid Minerals Sector’s Budget

Web News 7 December 2023 189 0

By Rabi Momoh The Senate Committees on Appropriation and Solid Minerals pledge an upward review of the budgetary allocation to the Ministry of Solid Minerals Development to enable it carry out its mandate effectively for the good of the economy and the country at large. The lawmakers who made this known during the budget defense […]Continue Reading

Economy

EFCC Presents N76.586 billion Budget Proposal to House of Reps 

Web News 6 December 2023 222 0

By Oluwakayode Banjo The Economic and Financial Crimes Commission, EFCC, on Tuesday, December 5, 2023, presented a budget of N76.586billion (Seventy Six Billion, Five Hundred and Eighty-Six Million Naira) as its budget proposal for 2024 to the House of Representatives Committee on Financial Crimes. The proposed budget represents a 53.48% increase over and above the […]Continue Reading

Economy

Commonwealth to Support Nigeria on Deep-Sea Mining

Web News 5 December 2023 281 0

The Federal Government has started discussions about deep-sea mining in the country’s coastal waters. This is part of efforts to make use of the profitable opportunities and abundant mineral resources available. During a visit to the Commonwealth Secretariat, Minister of Solid Minerals Development, Dr. Oladele Alake, led a Nigerian delegation and highlighted this action as Continue Reading

Economy

Osun Residents Moan as Naira Scarcity Bites

Web News 5 December 2023 250 0

By Mojisola Oladele  Residents of Osun State have expressed dissatisfaction over the Naira Scarcity which had lingered on for weeks in Commercial Banks across the State. Radio Nigeria Correspondent who monitored the situation in Osogbo the State Capital, Ile-Ife and Ilesa towns indicated that ATMs of commercial banks were dispensing a limit of #10000 cash […]Continue Reading

Economy

SERAP to Wold Bank; Suspend Loans to Nigeria’s 36 States

Web News 27 November 2023 200 0

The Socio-Economic Rights and Accountability Project, SERAP, has urged the World Bank President, Mr Ajay Banga, to suspend issuing loans to Nigeria’s 36 states over allegations of mismanaging public funds, including loans obtained from the institution. It also urged the World Bank to probe the spending of over $8.5 billion in loans and other facilities […]Continue Reading

Economy

Welfare of women remains top priority – Osun Govt.

Web News 24 November 2023 254 0

By Folake Oye Osun State Government says women’s empowerment is a powerful tool for the reduction of poverty geared towards improving the overall well-being of the people in any given community. Commissioner for Women, Children and Social Affairs, Mrs Ayobola Awolowo stated this during an empowerment programme for indigent women at Atakunmosa East Local Government Continue Reading

Economy

Oyo Targets Competitive Economic Status

Web News 24 November 2023 174 0

By Lilian Ibomor The Oyo State Commissioner for Information and Civic Orientation, Prince Dotun Oyelade, has said that Oyo State will compete favourably with developed economies within the next 10 years if the Seyi Makinde’s developmental template is sustained by the administration coming after 2027. Prince Oyelade made this projection while addressing media stakeholders Continue Reading

Economy

Nigerians, greatest primary asset- Tinubu

Web News 21 November 2023 207 0

President Bola Tinubu has informed international investors that Nigerians are highly educated, highly skilled, and naturally industrious, are the primary asset and advantage the country wields. The president  made the speech at a panel discussion in Berlin, Germany, titled, ‘Fostering Local Value Chains and Investments in Africa: The Role of the German Private Sector Continue Reading

Economy

I want to change Osun State narrative – Adeleke

Web News 21 November 2023 231 0

By Folake Oye Osun State Governor, Senator Ademola Adeleke says his administration will continue to be passionate about changing the narrative of the state from a civil service economy to a thriving industrial hub.  Senator Adeleke made this known while declaring open the 2023 Osun Trade Fair organized by the Ministry of Commerce and Industry.  […]Continue Reading

Economy

Ogun Commences Disbursement of Grant to MSEs

Web News 21 November 2023 222 0

By Abimbola Bamgbose  Ogun State Government has commenced the second phase of the disbursement of the 1 billion naira grant to micro and small enterprises (MSEs). The initiative aims to alleviate poverty and mitigate the impact of COVID-19 on businesses in the state. Commissioner for Industry, Trade, and Investment and a member of the Ogun […]Continue Reading

Economy

Governor Adeleke Makes Adire Compulsory for Workers, Political Appointees

Web News 16 November 2023 225 0

By Funmi Ojo Osun State Governor, Senator Ademola Adeleke has directed all public officials, appointed and elected, to start wearing Adire Osun every Wednesday to boost the industry and enhance the cultural strength of the state. In a circular issued by the Head of Service, Mr. Ayanleye Aina, Governor Adeleke noted that the directive affected […]Continue Reading

Economy

Adeleke Presents 2024 Appropriation Bill to Osun Assembly

Web News 10 November 2023 251 0

By Mojisola Oladele  Osun State Governor, Senator Ademola Adeleke has presented 2024 Appropriation Bill with an estimate of  Two Hundred and Seventy – Three Billion naira tagged  ” Budget of Reconstruction and Recovery”. Senator Adeleke who led other Cabinet members of the Executive made the abridged version of the Budget presentation at the Continue Reading

Economy

FG Moves Against Foreign Adire

Web News 4 November 2023 255 0

By Oluwatoyin Adegoke The Federal government has announced it’s readiness to support locally produced fabric, Adire with subsidy, as part of measures to stop the infiltration of foreign Adire into the fabric market. The Minister for Humanitarian Affairs and Poverty Alleviation, Dr. Betta Edu made this known when she visited Adire Mall at Itoku and […]Continue Reading

Economy

German Chancellor, Scholz Visits President Tinubu

Web News 29 October 2023 303 0

President Bola Tinubu on Sunday received the German Chancellor Olaf Scholz at the Presidential Villa in Abuja. Scholz, who arrived at the Villa’s forecourt at 03:40 pm (local time), is visiting Nigeria for the first time since assuming office in December 2021. The chancellor, who is on a two-day visit to Nigeria, is said to […]Continue Reading

Economy

Adeleke Kicks Off Distribution of Relief Materials for Flood Victims

Web News 19 October 2023 305 0

By Folake Oye Osun State Governor, Senator Ademola Adeleke has flagged off the distribution of relief items to the 2022 flood victims and vulnerable persons in the state. Speaking at the ceremony in Osogbo, the governor, who was represented by the state Deputy Governor, Prince Kola Adewusi, said the distribution of Special National Economic and Livelihood Emergency […]Continue Reading

Economy

Govt. Extends Ten Thousand Naira Palliative to Workers

Web News 19 October 2023 276 0

By Abimbola Bamgbose  Ogun State Governor, Prince Dapo Abiodun, has approved the extension of the ten thousand naira transport allowance granted to the state’s civil servants to cushion the effect of the removal of fuel subsidy by the Federal Government. The allowance, which was part of various interventions adopted by the state government at the wake […]Continue Reading

Economy

Ogun Govt. Pledges to Expand Business Opportunities

Web News 18 October 2023 338 0

By Olusegun Folarin Ogun State Government has pledged to further open up the State for business opportunities by putting all machineries in motion to attract more investors. The Commissioner for Industry, Trade and Investment, Mr. Adebola Sofela gave the assurance in an interview with Journalists in Abeokuta Mr Sofela said that the present administration would […]Continue Reading

Economy

Delta Earmarks 3.5bn for CARES

Web News 16 October 2023 274 0

By Egheweree Oghenero The Delta State Government says the administration has earmarked the sum of three point five billion naira aimed at reactivating the COVID-19 Action Recovery and Economic Stimulus Program CARES, as s short-term response to the current economic difficulties and the coronavirus pandemic. The State Commissioner for Economic Planning and Chairman of the Continue Reading

Economy

FG Inducts FedPoly Ilaro Student into Fiscal Policy, Tax Reforms Committee

Web News 14 October 2023 423 0

By Segun Folarin The Federal government has inducted an HND 2 Taxation student of Federal Polytechnic, Ilaro, Mr Opeyemi Babatunde into the Presidential Committee on Fiscal Policy and Tax Reforms. Mr Babatunde is currently the National President, the Association of Nigerian Taxation Students as well as the current President of the Association of Nigerian Taxation […]Continue Reading

Economy

Oyebanji Presents 2024 Budget Estimate

Web News 13 October 2023 325 0

By Kazeem Ayodeji Ekiti State Governor, Mr Biodun Oyebanji, has presented the 2024 budget estimate of about one hundred and sixty billion Naira to the State House of Assembly. Presenting the annual budget, tagged “Budget of sustainable growth and development” at the assembly complex in Ado Ekiti, governor Oyebanji, said the proposed expenditure was prepared Continue Reading

Economy

Germany, Ogun Deliberate on Easing Unemployment

Web News 12 October 2023 333 0

By Segun Folarin Notable employers of labour and wealth creation experts have converged on Abeokuta, the Ogun State capital to fashion out ways of addressing the challenge of unemployment among Nigerians.  The conference, put together by the Ogun State Government in collaboration with the German Agency for International Cooperation was also aimed at exploring public Continue Reading

Economy

NDE Community-Based Training Takes off in Ogun

Web News 11 October 2023 375 0

By Olusegun Folarin The Director General, National Directorate of Employment, NDE, Mallam Abubakar Fikpo has flagged off the orientation programme for the implementation of the Agency’s Community Based Training Scheme in Ogun State. The Community Based Training Scheme was aimed at reducing unemployment, boosting wealth and enabling the citizens to overcome poverty, Continue Reading