Economy

10,000 Vulnerable Residents Receive N50 Million in Ekiti

By Web News 361

By Kazeem Ayodeji

The Ekiti State Government has distributed N50 million to 10,000 vulnerable citizens across the Local Governments and LCDAs in the state as part of its palliative schemes to mitigate the impact of the fuel subsidy removal by the Federal Government.

The Commissioner for Budget, Economic Planning and Performance Management, Mr Niyi Adebayo, said the beneficiaries would receive N5,000 each for five months, adding that two payments had already been made in October and November.

He said the initiative was motivated by the governor’s concern for the welfare of the people of Ekiti State who were facing hardships and difficulties due to price increases and inflation.

“The beneficiaries are the people at the bottom of the pyramid, the widows, 65 years and above, physically challenged, those who have economic challenges or no income. That is where we feel that the shoes are pinching more because of the withdrawal of fuel subsidy, increase in price of petroleum products and the following inflation. So that’s why the government has put this in place”, he said.

Mr Adebayo explained that the beneficiaries were selected from a social register that contains names of vulnerable people that were compiled under the guidance of the Federal Government and World Bank in 2013 and that the state government has been updating the record since then.

He stressed that the programme was not based on political party affiliation but on merits and economic difficulties.

He also listed other social intervention programmes that the governor Oyebanji had implemented for the people of Ekiti State, such as the Social health insurance scheme, empowerment of farmers, and provision of soft loans to traders, among others.

He assured the people of the state that the government would continue to engage in meaningful ventures that would bring succour to them in the face of hardship and thanked the relevant partners who had contributed to the realization of the scheme in the state.

Earlier, the Permanent Secretary, Ministry of Budget, Economic Planning and Performance Management, Mr Shola Akinluyi, also commended the governor for his commitment to the welfare and wellbeing of the good people of Ekiti State, especially for approving the palliative programme for the indigent citizens.

He said the various developmental projects that the present administration had embarked upon since 2022, showed the governor’s determination to engender sustainable socio-economic development in Ekiti State.

Mr Akinluyi appreciated all stakeholders who had played a vital role in the success of the palliative scheme.

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Economy

Osun Makes Public Names of Palliative Distribution Committee

By Web News 564

By Funmi Adekoya

Osun State Government has released names of its Palliative Distribution Committee as demanded by a coalition of civil society.

The step according to Senior Special Assistant to the Governor on Civil Society, Mr. Oluwaseun Emmanuel, is a testimony of that the state government is responsive, accountable and public spirited.

In a statement, Mr. Oluwaseun Emmanuel said the committee represented all shades of society opinion, submitting that any group that was interested in being part of the committee could show interest instead of resorting to blackmail and character assassination.

The SSA to Governor Adeleke on civil society explained that the state government had records of extensive consultation with the leadership of the civil society coalition including those accusing the administration of excluding them, before the composition of the palliative committee list.

The statement reads, “We are of the view that only fifth columnists and agents of the opposition will describe a performing government and popularly rated administration headed by Governor Ademola Adeleke as directionless and organised. We are also convinced that a government that is delivering on infrastructure, digital economy, health care, workers’ welfare and education reform has a better sterling records than the paymasters of some pseudo activists.

“As much as the administration is working to release its own palliative after concluding that of the Federal Government, we must put on records that Osun state is a specially challenged state servicing a state debt of N450 billion and  a salary and debt pension of almost N70 billion even as the administration unfailingly meet monthly salary obligations and delivers  dividends of democracy in critical sectors”.

The state government listed the names of members of the palliative committee to include, Chairman, Osun state Muslims community, Alhaji Mustafa Olawuyi, Chairman Osun Christian Association of Nigeria, OSCAN, Reverend John Adeleke, the Iyaloja General, Chief Mary Oyebode, Representative of people with special needs, Osun Chairman JNC, IPAC Chairman, Representative of Nigeria Union of Pensioners, NUP, and Representative of Student body.

The statement adds that, for the distribution by Local Governments, interested members of the public should collect the same from the State Ministry of Special Duties and Regional Integration.

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Economy

Governors Forum Meets over Security, Subsidy Palliative

By Web News 367

The Nigeria Governors Forum (NGF) has held an Emergency closed door meeting in Abuja.

The meeting was chaired by the Chairman of the Forum, who is also the Kwara State governor, AbdulRahman AbdulRazaq.

The meeting centred around security, fuel subsidy palliative for the withdrawal of subsidy on premium motor spirit (PMS), and the recently enacted electricity act.

The chief press secretary to Governor Mohammed Bago, of Niger state, Bologi Ibrahim, shared the update on the official handle of the Governor on X, formerly known as Twitter

The meeting which was held behind closed doors was chaired by the NGF chairman who doubles as Kwara state Governor, AbdulRahman AbdulRazaq.

Some of the governors in attendance include Hope Uzodimma of Imo State, Ademola Adeleke of Osun State, Chukwuma Soludo of Anambra State, Babagana Zulum of Borno State, and Alex Otti of Abia State, among others.

The national security adviser, Nuhu Ribadu, also attended the meeting

Hadiza Abdulrahman

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News

Loyalists Recover Some Looted Items at Senator Folarin’s Residence

By Web News 1601

Some loyalists of Senator Representing Oyo Central senatorial district, Teslim Folarin have recovered some items carted away by some people from the Oluyole Estate residence of the senator in Ibadan.

People had this morning embarked on a looting spree at Senator Folarin’s house, carting away some motorcycles and generators meant for empowerment programme.

However, due to the timely intervention of officers of the combined security operative’s tagged “Operation Burst”, the loyalists who were earlier overpowered by the attackers were able to recover some motorcycles and generators kept in a nearby bush.

Radio Nigeria correspondent reports that a tricycle brought by one of the attackers to convey some of the looted items was impounded by the loyalists of Senator Folarin, while cartons of the carted away generators littered the main road.

  • Residence of Senator Teslim Folarin
  • Exif_JPEG_420

Reacting to the incident, the Police Public Relations Officer, PPRO, of the Oyo state police command, Mr Gbenga Fadeyi said the situation had been brought under control.

Olaolu Fawole