Economy

Ekiti: A path to economic emancipation

Ekiti: A path to economic emancipation

By Damilola Adeniran Since the creation of Ekiti State on October 1, 1996, various administrations have beenfocused on achieving rapid socio-economic development. The quest for development wasundoubtedly a fundamental factor driving the calls for the state's creation. This isunderstandable, given the historical context: the old Ondo State was dominated by theOndo clan, while Ekitis were marginalized from governance. Governor Biodun Oyebanji assumed office at a time when order and efficiency ingovernance were crucial for Ekiti State. The state is often characterized as an "agrarianstate," reflecting its rural agricultural lifestyle, subsistence farming system, and historicalpolitical decentralization. In this context, agriculture and…
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CBN declares report on N10,000, N5,000 banknotes as fake

CBN declares report on N10,000, N5,000 banknotes as fake

The Central Bank of Nigeria (CBN) has dismissed as false a circulating report claiming that it has introduced new N5,000 and N10,000 banknotes to enhance cash transactions. In a post on its official X handle, formerly Twitter, the apex bank said, “The content is not from the Central Bank of Nigeria. Kindly note that the official website of the CBN is cbn.gov.ng.” A statement from the CBN’s communications department further clarified, “The only official sources for releasing statements to the media are our website or statements from our department. There is also no Deputy Governor by such name. We are…
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Abia Airport Project and the Alex Otti’s Strategy of Holistic Fairness

Abia Airport Project and the Alex Otti’s Strategy of Holistic Fairness

Governor Alex Otti has left no one in doubt that even in his passionate quest to develop every part of Abia State, the principles of equity, fairness and justice for all must be applied as the most potent driving force in the actualisation of his laudable vision for the people of Abia State. A few months ago there was an unprecedented uproar over the government's decision to site the proposed Abia Airport at Nsulu Community in Isialangwa North LGA of the state. The concerns raised stemmed from unverified but instigated rumour that the government was going to grab the land…
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Hon. Ibe Okwara Osonwa: A Dependable Leader Committed To Progess.

Hon. Ibe Okwara Osonwa: A Dependable Leader Committed To Progess.

Hon. Ibe Okwara is a visionary leader whose dedication to community development and service has made a lasting impact in Abia State. Through his leadership, he has championed transformative projects that improve the lives of his people, ensuring progress, empowerment, and sustainable development. His commitment to education is evident in the establishment of the Abia Smart School and the construction of classrooms, providing students with a conducive learning environment. He has also prioritized access to clean water by drilling boreholes across communities, ensuring safe and reliable water sources for residents. Understanding the importance of infrastructure, Hon. Ibe Okwara has led…
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Ogbajie Foundation Empowers OYA Abuja With Monthly Business Grants

Ogbajie Foundation Empowers OYA Abuja With Monthly Business Grants

By Comr Amos Oge Kalu The Okon-Aku Youth Association, Abuja Branch witnessed a remarkable display of philanthropy at its March meeting, as the Ogbajie Foundation, led by it's President, Chief Kingsley Kalu Oke, continued its monthly empowerment scheme. https://youtu.be/oyUNng6dzVg?si=EnZC4iaPWfLYYNbf According to the model, every month, 1 lucky youth is selected to receive N100,000 each as business capital. This initiative will run for 12 months, providing a total of N1.2 million in business grants to 12  beneficiary who will use it to boost their business or start new one. Notably, Miss Felicia Kalu made history by winning the empowerment program for…
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