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Chinese Investors Hail Osun’s Infrastructure Growth Under Adeleke

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A group of Chinese Investors from mainland China and Hong Kong on Tuesday evening applauded the rapid infrastructural growth across Osun State.

According to a government house statement, issued in Osogbo on Wednesday, they described the development as “a booster to industrialization, economic growth and communal prosperity”

It was gathered that the 22 investors drawn from various sectors such as water processing, food processing to electric vehicles conveyed their review through the head of the team, Nancy Chi of Yuanfar International at a dinner hosted at the Government House.

The event had in attendance, the Osun State Governor, Senator Ademola Adeleke, his deputy, Prince Kola Adewusi, the Owa Obokun of Ijesaland, His Imperial Majesty, Oba Adesuyi Haastrup among others.

The leader of the delegation speaks further: “There is a saying in Chinese language. If you want to build and spread wealth, if you want economic growth, build roads. That is the secret of China’s development. The Osun governor understands this reality.

“Most Chinese Investors prefer Abuja, Ogun and Lagos as investment destinations but the story is changing. In the past, our people hardly talked about Osun for investment. But now, Osun is fast becoming the investment point among Chinese investors. The reasons are the good work Mr Governor is doing.

“We have gone round the state and we see multiple constructions ongoing. We commend Mr Governor for these good developments. Osun is the heartland of Yoruba people. Chinese Investors are attracted here. Your state is peaceful with beautiful landscapes.

“That is why we are here. Our team is made of investors from various sectors such as food processing, water packaging and treatment, mining, electric vehicles, agro-equipments among others. We are impressed with the support from the state government to facilitate the take off of our investment in the state’s free trade zone and others. Beyond the deals between the state and our team, the Hong Kong government through its investment agency will soon invite the governor for an official visit. The investment agency will also visit Osun state in 2026”, Ms Chi told the gathering.

The Owa Obokun flanked by his wife, Olori Vicky Ayodele Haastrup, the Executive Chairman of ENI limited and serial investor and Ajirowa of Ijesaland, Alhaji Lateef Bakare, described the Adeleke family as the Kennedys of Nigeria with deep interest in economic development as a foundation for successful governance of a state.

According to the imperial majesty, who recalled his days as the Deputy Governor of Osun State, the Chinese investors are interested in setting up industrial plants at Ilesa and other parts of the state, affirming that “these investors are ready for business.

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“The investors we have here are ready to set up operations. They have ambition to build a China Town, a computer village in addition to plans for solar powered Tricycle plants. The investors are deeply interested in the Osun State Free Trade Zone. I commend Mr Governor for providing the enabling environment for business to thrive in the state”, the Royal father affirmed in his address.

Addressing the investors and the royal delegation, Governor Adeleke appreciated the Chinese team for their positive appraisal of his administration, recapping the many initiatives of his administration to reduce the inherited multisectoral infrastructure deficit.

“I note with deep appreciation the acknowledgement of our contributions to develop Osun’s dilapidated infrastructures. I am particularly happy about that Chinese proverb which emphasised the importance of infrastructure for wealth creation and economic development of any community or state. Our government has reduced the Osun infra deficit from over 80 percent to about 40 percent within three years.

“Our government has made it easy for investors to invest in the state by easing the processing of certificates of Occupancy to 45 days. As noted by the Commissioner for Commerce, we have harmonised tax collection to remove multiple taxation. We revived the Osun Free Trade zone that was abandoned by the previous government. Dear Chinese friends and other investors.

“Osun is open for investment. I am glad to announce here that our government has secured accreditation for the study of Chinese language at the University of Ilesa. We mean business in our bid to attract investment from Asia powerhouse. Hurry and invest here”, the governor told the businessmen from China.

The event was attended by members of the state executive council and several Royal fathers from Ijesaland.

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2027: ‘Even If Insecurity Worsens, Power Will Not Change Hands’ – Okpebholo Declares

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Governor Monday Okpebholo of Edo State has insisted that political power in Nigeria will remain unchanged even if insecurity in the country worsens, declaring that the ruling party remains firmly in control ahead of future elections.

Okpebholo made the statement on Tuesday during the flag-off of the All Progressives Congress (APC) campaign for the upcoming local government council elections in Edo South Senatorial District.

The governor said the recent rise in insecurity across parts of the country is being politicised, alleging that some actors are deliberately worsening the situation to discredit President Bola Tinubu’s administration.

SEE ALSO: Army Releases Six Kwara Vigilantes Arrested Along Edo Highway

He maintained that such efforts would not succeed in altering the political direction of the country.

“Even if insecurity worsens, power will not change hands. They can even kidnap all of us—there is no vacancy in Aso Rock,” Okpebholo declared.

He further argued that those behind the alleged political manipulation of insecurity have no viable alternative agenda, stressing that violence would only harm ordinary citizens rather than achieve political gain.

The governor also defended the performance of the federal government, noting that key policy decisions, including the removal of fuel subsidy, were beginning to translate into visible development projects across states.

He commended candidates of the All Progressives Congress who emerged from the party primaries for the forthcoming council polls, urging them to take the party’s message of development to grassroots communities.

Okpebholo expressed confidence that the party’s performance at the local government elections would strengthen its position ahead of the 2027 general elections.

The event also featured the official unveiling of APC candidates for various positions in Edo South Senatorial District.

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Senate Queries SEDC Over N153m Abuja Office Rent, Demands Full Spending Breakdown

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Why Orji Kalu should return to Senate — Abia North constituent

The Senate has raised concerns over the financial operations of the South East Development Commission (SEDC), questioning alleged expenditures including N153 million reportedly spent on renting a single-room liaison office in Abuja.

The matter was raised during an investigative hearing of the Senate Committee on the South East Development Commission, chaired by Senator Orji Uzor Kalu, as lawmakers examined the commission’s 2025 budget implementation and spending records.

The committee disclosed that the SEDC received N16.6 billion in December 2025, with about N13 billion reportedly remaining in its account, suggesting that roughly N3.6 billion had already been expended.

ALSO READ: Kalu Dubs SEDC As Historic Milestone

Lawmakers expressed dissatisfaction with the financial report submitted by the commission, insisting that several figures were unclear and required detailed justification.

A key concern was the alleged N153 million spent on office rent in Abuja, despite the commission’s headquarters being located in Enugu.

Senator Orji Uzor Kalu described the financial submission as unacceptable and demanded proper accountability.

“This committee is disappointed with the financial report presented. It is completely unacceptable,” Kalu said.

Other members of the committee also questioned additional expenditures reflected in the report, including about N2.5 billion described as unclear or insufficiently explained.

Responding to the concerns, the Managing Director and Chief Executive Officer of the SEDC, Mark Okoye, defended the commission’s spending, insisting that all expenditures were carried out prudently and within available resources.

Okoye explained that the commission operates based on actual cash releases rather than full budgeted allocations, noting that this approach helps prevent financial mismanagement.

“For example, having a budget of N140 billion does not automatically mean that N140 billion in cash is available. It would be irresponsible to award contracts worth the entire budget if only N10 billion or N20 billion has actually been released,” he said.

However, the committee was not satisfied with the explanations and directed the commission to submit full documentation of all expenditures, including contract details, payment records, and supporting documents, on or before June 23.

Senator Kalu added that the committee would review the documents before fixing another date for further appearance.

“By the 23rd, we want to have the complete documentation. Once we receive and review the documents, we will determine the date for your next appearance before the committee,” he stated.

The hearing was thereafter adjourned, with lawmakers insisting on full transparency and accountability in the management of public funds allocated to the commission.

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‘Enough of the Speeches’ – Sharia Council Demands Immediate Action on Insecurity

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The Supreme Council for Shariah in Nigeria has called on the Federal Government to move beyond promises and take urgent, decisive action to address the worsening security crisis across the country.

The Council, in a statement issued by its Secretary-General, Nafiu Baba Ahmad, expressed concern over the persistent wave of killings, kidnappings, banditry and terrorism, saying Nigerians continue to live in fear despite repeated assurances from authorities that security challenges are being tackled.

According to the Council, the security situation has reached an alarming stage, with recent incidents in Borno, Oyo, Niger and Zamfara states underscoring the vulnerability of communities already struggling with years of violence and criminal activities.

SEE ALSO: ‘Enough Is Enough!’ — NLC, TUC Threaten Nationwide Strike Over Insecurity

The Council also cited the recent abduction of a retired Army General and his wife in Katsina State, describing it as further evidence of the growing reach of kidnappers and armed gangs across the country.

It noted that many attacks occurring in rural and underserved areas often go unreported, suggesting that the true extent of the crisis may be far greater than official figures indicate.

Citing reports from security monitoring and human rights organisations, the Council said thousands of Nigerians have been killed, displaced or abducted in recent months.

It added that reports indicate more than 1,000 people were kidnapped across northern Nigeria during the first quarter of the year.

Expressing frustration over what it described as a lack of meaningful progress, the Council said repeated appeals by traditional rulers, religious leaders, civil society organisations and concerned citizens for stronger security measures have yet to produce significant results.

“Nigerians are tired of speeches, promises, condolences, committees and official rhetoric that are not matched by concrete action and measurable outcomes. What the nation requires now is decisive intervention and visible results,” the statement read.

The Council reminded the Federal Government that the protection of lives and property remains one of its core constitutional responsibilities, stressing that no administration can be considered successful while citizens continue to face threats from criminal elements.

While acknowledging the sacrifices and commitment of military personnel and other security operatives, the Council said its criticism was directed at broader leadership and strategic shortcomings in the fight against insecurity.

It also called for greater transparency and accountability in the management of public funds allocated to the security sector, insisting that citizens deserve to know how resources earmarked for defence and intelligence operations are being utilised.

The Council further urged the government to embrace innovative and proactive measures, including improved intelligence gathering, deployment of modern technology, stronger collaboration among security agencies, enhanced community participation and tighter border security.

Warning against complacency, the Council said Nigerians are expecting competent leadership, concrete action and measurable progress in restoring peace and security across the country.

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