Showing 10 out of 31132 results found for:

A 42m Bennetti yacht moored in St-Tropez, France, belongs to a private Nigerian citizen, not Tinubu, the Presidency has clarified.

No less than 48 people and 50 cows were killed in a petrol tanker explosion Sunday afternoon in Niger state.

Nigeria’s Army has discredited reports of soldiers’ mass resignation over corruption as a deliberate attempt to sow seeds of disaffection.

The 2025 edition of the Intra-African Trade Fair promises groundbreaking opportunities, expanding markets and showcasing Africa’s economic potential.

“We are using local contractors; we are sourcing materials locally. By doing so, Osun money is staying in Osun…”

Adeleke: Osun Ready for Transition to Agro-Industrial State, Cargo Airport in the Works

“We are using local contractors; we are sourcing materials locally. By doing so, Osun money is staying in Osun…”

Governor Ademola Adeleke of Osun State has declared that the state is now ready for transition to an agro-industrial society with ongoing multi-sectoral infra upgrade and real sector policy frameworks now being put in place.

According to a statement by spokesperson to the governor, Olawale Rasheed, the Osun governor made the remarks while updating industry captains and leading Nigerian businessmen at the 60th birthday of the wife of the former Senate President, Mrs Bukola Saraki over the weekend in France.

Adeleke, who drummed support for the state’s industrial investment summit commencing this week in Osogbo, told the dignitaries that his administration is focused on infrastructure upgrade as a strategy to ease the business environment and attract businesses into the state.

According to Adeleke, the huge infra deficit he inherited from his predecessor was a strong disincentive to business and investors, both local and foreign, noting that his administration therefore decided to massively address that yawning gap to improve the economic fortunes of the state.

He narrated how his administration is constructing several kilometers of rural roads to achieve rural trade connectivity, the construction of inter-city roads to ease rural-urban linkage and the construction of dualised roads and flyovers bridges to ease congestion at major towns centers.

Governor Adeleke explained that the massive infra projects are also designed to deepen local and grassroots economy through the implementation of the state’s local content policy, and sourcing materials and personnel locally to stop capital flight as was the case in the past.

“We are using local contractors; we are sourcing materials locally. By doing so, Osun money is staying in Osun. We are equally boosting the local economy,” the governor said.

On developments within the real sectors of the economy, the Governor explained his plan to expand Osun economy through new attention to digital economy, announcing that Osun now has a world class ICT policy and a tech innovation policy that set for implementation.

“For the power sector, we now have a state electricity bill to create an electricity regulatory body, to regulate power generation and distribution. Like I said before, the state will take a leading role in power generation and distribution to back up our plan to become an agro-industrial economy.

“For the agricultural sector, we have launched our agric revolution with tractor and input distributions. Value addition through agro processing is a focus. We look towards an export oriented agricultural economy. We will soon commence the state agropreneurs initiative across all the local governments.

“For the sport sector, we are ready to unveil our landmark initiative, the creation of the Osun State Sport Commission to.develop all games in the state. My deputy who supervises the sport sector is doing so well and has taken all necessary steps to ensure that the sport sector grows and that the state participates in the upcoming sport games.

“I also have good news for the creative industry sub-sector. Culture, tourism and.entertainment are critical components of the creative industry. My government is implementing a robust actualisation plan. That sector has huge potential to employ thousands and to generate billions of naira. We are tapping into those opportunities.

“Our administration is also working on a diaspora housing project in each local government under a public private partnership arrangement. We are looking at affordable and sustainable housing projects for our people,” Adeleke explained.

While describing Osun as an investment friendly state, the governor said Osun has also completed plans to build an international airport with cargo terminal and a free trade zone for Osun State, assuring that full details will soon be unveiled by the airport committee after due approval from the State Executive Council.

“We are doing so much in the social sectors like education and health. We are also empowering small businesses through loans and trade support. Our market team has introduced several measures to check price manipulations across the markets even as we are currently distributing palliatives to our people.

“We invite you all to the Osun industrial investment summit. As the most peaceful state in Nigeria, we are ready to be the hub of agro-industrialization in Southern Nigeria,” Adeleke told the top business and opinion leaders at the side event.

Afreximbank has presented a $500,000 for Caribbean nations affected by Hurricane Beryl, promoting climate resilience.

Nigeria’s Federal Government has expressed its readiness to establish air quality monitoring stations across the country.

NDLEA in Lagos intercepted cocaine and pharmaceutical opioids concealed in sanitary pads and hair cream heading to UK, Ireland, Cyprus.

NCMM DG Holloway has highlighted the need for improved storytelling, infrastructure to make Nigeria’s museums more engaging, globally relevant.

NAFDAC has warned the public against Christ Mercy Land Ministries, accusing them of selling unregistered miracle water and soap products.

Opposition presidential candidate Edmundo González has fled Venezuela, seeking political asylum in Spain after disputing the presidential election results.

Former US president George Bush has decided not to endorse or disclose how he will vote in the upcoming election

Starting September 9, fintech firms like OPay and Moniepoint will deduct N50 EMTL from inflows of N10,000 and above.

The G-60 federal lawmakers stated that Wike’s faction defied a court order, calling his congress an exercise in futility.

Nigeria’s federal government will provide grants of N50,000 to small businesses across Nigeria as part of a N50 billion initiative.

Nigeria has embraced the One-China policy as China pledged support in stabilising West Africa and boosting Nigerian capacity building.

Katsina Governor Dikko Radda has advised terrorised communities to defend themselves as banditry continues to claim lives in remote areas.

Two goals from Ademola Lookman and one from substitute Victor Osimhen gave Nigeria an impressive 3-0 win against Benin Republic.

Tinubu has charged the Nigeria Police to embrace modern technology and community policing in combating crime.

First Lady Remi Tinubu has congratulated Nigeria’s Onyinyechi Mark for winning gold medal at the ongoing Paralympics Games in Paris.