NEWS
Adeleke Opens Up On Osun’s Agro-centric Initiatives
Osun State Governor, Senator Ademola Adeleke has opened up on the plans of his administration for the agricultural sector, assuring stakeholders that farm inputs, including tractorization and food security are being addressed by his government.
He made the assertion on Friday evening after a meeting with a Nordic, a firm interested in setting up a tractor assembly plant in Osun State.
Gov Adeleke maintained that his plans for the agricultural sector remained robust and all inclusive.
In his words, “the state is now set for implementation of various programmes in the sector.
“We take Agriculture very seriously. Our government decided to first focus on bridging the infra deficit to strengthen connectivity between rural and urban areas. We first focused on building the roads and bridges as a condition to empower the agricultural sector in the area of transportation and market linkages.
“Now that we have made enormous progress in the infra sector, we are now set to roll out specific programmes for the agricultural sector. I have set up an implementation committee on the recommendations of our food security committee.
“The Committee which is to be chaired by my Special Adviser on Agriculture, Hon Olaniran Akanfe has the mandate to put into effect the suggestions and proposals in the food committee report. Other members of the committee include Olusola Omole, Dr Alaba Towoju, Dr Olu Olajide, Hon Moshood Yakub, Hon Alexander Kehinde Oloke, Adelowo Adekunle Saburi, Kolade Tunde (TISKO) and Engr Badmus Bukola Mikail. The Permanent Secretary for the Ministry of Agriculture is to serve as the Secretary of the Committee while the Commissioner for Agriculture, Hon Tola Faseru serves as overall Coordinator.
“As we kick-start the implementation of the food security committee, our government is to launch the Osun Young Agropreneurs Incubation Programme which is to target thousands of young farmers and agropreneurs across the agricultural value chain.
“The programme will include at least 1000 hectares of land per local government; provision of land clearing and tractorization; availability of inputs; guaranteed off-taking; all season irrigation farming; integration of hydroponic farming; integration of precision farming and emphasis on gender balancing and inclusivity.
“My Commissioner for Agriculture, Hon Faseru is to chair the action committee which will have representatives from ALGON, traditional institutions among others. Other members of the action committee will include Permanent Secretary, Ministry of Land; Surveyor General of the state; Director Agriculture services at the Ministry of Agriculture; Permanent Secretary, Ministry of Youth; President, Osun Chamber of Commerce and Industry; Mr Adegoke Taiwo Kamal; a representative of farm equipment leasers and Hon Hezekiah Olabamiji Oladele (HOB).
“I have also directed the Commissioner to host a meeting with real farmers on our various farmlands in the state. The Commissioner is to meet genuine farmers to strengthen our partnership as we launch various programmes within the sector.
“I am happy to announce that the federal-state partnership on Fertilizers has yielded positive results. We will as quickly as possible commence the distribution of Fertilizers to our farmers.
“On tractorization, this is another piece of good news. The state has acquired some tractors while the Commissioner has been directed to negotiate a leasing deal with the tractor hiring association. We are also repairing existing tractors.
“Our government is therefore elated to recieve your company with such interest as setting up a tractor assembly plant. We warmly welcome your initiative. The Commissioner for Agriculture is to meet and discuss further with your representative.
“For those into plantation farming, we are raising seedlings across the crop sectors. We are starting with cashew and cocoa.
“More importantly, our government is working on reviving the cocoa industry as well as supporting agro processing through public private partnership. We welcome investors and partners in this critical sector.”
NEWS
N1.7trn Loan: Atiku Blames NASS For Worsening Nigeria’s Debt Burden
Former Vice President, Atiku Abubakar has criticized the federal government’s plan to secure an additional N1.7 trillion loan through Eurobonds to cover a shortfall in the 2024 budget, describing the borrowing as unsustainable and harmful to Nigeria’s economy.
In a statement shared on Thursday via his X (formerly Twitter) handle, Atiku accused the Bola Tinubu-led administration of burdening Nigerians with debt while failing to provide clear answers about the country’s fiscal challenges.
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He also faulted the National Assembly for enabling what he called a “voracious appetite” for loans.
The former Peoples Democratic Party (PDP) presidential candidate expressed alarm over a recent World Bank report ranking Nigeria as the third most indebted country to the International Development Association (IDA), calling the development troubling.
“The recent report released by the World Bank, showing Nigeria as the third most indebted country to the International Development Association (IDA), is very concerning,” Atiku stated.
He raised further concerns about the government’s decision to benchmark the proposed loan at an exchange rate of 1 USD to N800, despite the Central Bank of Nigeria’s official rate being over N1,600.
“What makes this particular loan proposal even more concerning is that it is benchmarked at the exchange rate of 1 USD to N800, whereas the current exchange rate from the Central Bank of Nigeria stands at over N1,600 to 1 USD,” he said.
Atiku questioned the need for additional borrowing, given the government’s earlier claims of record-high revenue collection.
“In July this year, Tinubu boasted that the FIRS and Customs under his watch had collected all-time high revenues to finance the budget. Why are they still borrowing?” he said
He accused the government of a lack of transparency, describing the borrowing spree as detrimental to Nigerians already struggling under economic hardship.
“There is something that they are not telling Nigerians, even as they are being crushed by a combination of their failed trial-and-error policies and loan rackets.”
Atiku also referenced a report by BudgIT, a budget monitoring group, which criticized the 2024 budget for its inefficiencies.
He alleged that corruption, rather than infrastructure or development needs, was driving the government’s borrowing decisions.
“These loans are powered by corruption and not for infrastructure and development needs. This voracious appetite for humongous loans is deeply concerning,” he said.
Reflecting on Nigeria’s financial history, Atiku lamented the return to significant foreign indebtedness just years after former President Olusegun Obasanjo’s administration cleared the country’s debt.
“It is agonizing to see that just a few years after the Obasanjo administration took us out of foreign indebtedness, we are today back at the top spot in the same conundrum,” he stated.
He called for a more cautious approach to borrowing, urging the government to prioritize fiscal responsibility and transparency to avoid worsening Nigeria’s economic challenges.
International News
ICC Issues Arrest Warrants For Israeli Prime Minister Netanyahu, Others
The International Criminal Court (ICC) has taken a historic step, issuing arrest warrants for Israeli Prime Minister Benjamin Netanyahu and former Defense Minister Yoav Gallant.
The charges include crimes against humanity and war crimes allegedly committed during Israel’s recent assault on Gaza.
In a detailed statement, the ICC accused the Israeli leaders of “intentionally and knowingly depriving the civilian population in Gaza of objects indispensable to their survival, including food, water, and medicine and medical supplies, as well as fuel and electricity.”
READ MORE: Osun Govt Decries Attempted Murder Of Park Mgt Chairman By Police
The ICC’s move marks a significant escalation in international scrutiny of the Israeli-Palestinian conflict. Netanyahu and Gallant are alleged to have orchestrated policies that caused severe harm to the civilian population in Gaza, leading to widespread condemnation from human rights organizations.
Alongside the charges against Israeli officials, the ICC also issued an arrest warrant for Hamas military commander Mohammed Deif. Deif has long been a central figure in Hamas’s military operations. Israel’s military claims to have killed him in a July airstrike, although this has not been independently verified.
The warrants highlight growing calls for accountability amid the ongoing conflict in the region. The ICC’s actions are likely to provoke heated debate and may complicate diplomatic efforts aimed at resolving the crisis.
With the warrants issued, global attention now turns to how the international community will respond and whether any practical steps will be taken to enforce them.
NEWS
Edo State Governor Sets Up Committee To Recover Missing Gov’t Vehicles
Governor Monday Okpebholo of Edo State has inaugurated a 12-member committee tasked with recovering government vehicles reportedly in private hands.
The committee, led by Kelly Okungbowa, has been given a two-week mandate to retrieve the vehicles and ensure their return to the state government.
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Speaking during the inauguration ceremony in Benin City, Governor Okpebholo emphasized the importance of accountability in the management of public resources.
He urged the committee to carry out its assignment thoroughly and within the bounds of the law.
In his response, Okungbowa expressed gratitude to the governor for entrusting the team with the assignment, vowing to deliver results within the stipulated timeframe.
“A lot of vehicles used by the past administration are missing, as those in custody of the vehicles have refused to return them,” Okungbowa said.
“The governor deemed it fit to inaugurate us today with a mandate to recover all government vehicles in private hands.”
The committee, which includes representatives from Edo’s three senatorial districts, is set to investigate and recover the vehicles based on credible intelligence already at their disposal.
“We already have vital information regarding some persons still holding government vehicles,” Okungbowa stated. “We will do the job according to the law, and both the government and the people will be satisfied with the outcome.”
He also called on members of the public to assist the committee by providing information about any government vehicles that may still be in private possession.
“We want to appeal to members of the public who might be aware of anyone still keeping government vehicles in their houses to please inform us to enable the committee to recover such for the Edo State Government,” Okungbowa said.
The committee’s vice chairman, Rt. Hon. Victor Edoror, a former Speaker of the Edo State House of Assembly, will work alongside other members to ensure the success of the initiative. The public can reach the committee at 08110165121.