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Adeleke warns appointees against corruption, abuse of office



By Ismail Azeez, Osogbo

Osun state Governor, Ademola Adeleke has warned political appointees against corruption and abuse of office in their various ministries and agencies.

Adeleke gave the warning at the 2024 prayer program of the state’s Peoples Democratic Party, (PDP) where he was publicly endorsed as the governorship flag bearer of the party for 2026 guber polls.

Addressing party stakeholders and top officials of the state government, Governor Adeleke said “from the outside, we are inside as officials of the government. Those yet to be reached will soon get accommodated. Those already appointed should be mindful of public service regulations.

“Let me use this opportunity to warn our party members holding various offices to be good representatives of the party. We are a party of law and order, due process and rule of law. We must comply with the law in all our doings.

“Appointees must know their rights and responsibilities. As board members, you are not to be involved in the day to day running of the agency. That is the turf of the management of the agency. But as a board, you have supervisory roles on the management in line with policies you set at your board meetings and in line with laws setting up the agency. All appointees must take note of this separation of functions.

“I had earlier warned all appointees to beware of self serving posture. We are in office to serve the people. This administration will not tolerate corruption and abuse of office and powers either by appointees or management of the agencies. We will impose heavy sanctions on those who breach state laws,” Governor Adeleke told the party stakeholders.

While recalling the rot inherited from the previous government, the Governor said his team devised several strategies and tactics to provide much needed solutions.

“Our efforts paid off in several areas. God provides us with wisdom and directions, leading to ongoing attention to workers welfare, infra upgrade, water provision, school rehabilitation and widening of health access to our people.

“Since we took over a year or so ago, we have launched a series of reconstruction efforts to achieve recovery. Your government since inception has equally been delivering democratic dividends to the good people of the state. Everywhere in Nigeria and abroad, our good work attracts commendation and applause from Osun people at home and in the diaspora.

“I am happy to congratulate you all that your government has not failed the people. We have kept faith with our electoral promises. We are directly addressing the wishes and aspirations of our people. In all our conduct as a government, we have carried the party along to ensure those who worked reap the benefit of their labor.

“As a pro-people leadership, we have used the party structure to service our people. The goal is to strengthen the party as the platform on which we all got into office. We are going to do more for the party in 2024,” he said.

Governor Adeleke said several programs have been lined up for the benefit of the state, the people, and party members, calling on party members to unite for the good of the party and the state.

“Permit me to also inform you all that we have kickstarted the reconciliation process. We are to build a united strong family. I call on us to embrace the peace and unity movement. Henceforth, there should be no more segregation. We are all one happy family,” he noted.

Earlier, the party through its state Working Committee announced its endorsement of the Governor for a second term in 2026.

Speaking for the working committee, the State Publicity Secretary, Hon Ayodeji Areola said the party has decided that there will be no vacancy in Osun state come 2024.

“I have the directive of the party in Osun state to announce that there is no vacancy in Osun Government House come 2026. We declare today that the 2026 governorship ticket of PDP is for Governor Ademola Adeleke.

“The party decided because the Governor has performed creditably well and has not betrayed the confidence reposed in him by the party and the people of Osun state,” Hon. Ayodeji noted.

The state chairman of the party, Hon Sunday Bisi eulogised the state Governor for making the party proud since the assumption of governorship, noting that the prayer session was to thank God for the successes of the past and the victory of the future.


Tinubu approves take-off of N100bn consumer credit for Nigerians



President Bola Tinubu has approved the commencement of the N100 billion Consumer Credit Scheme for Nigerians amid escalating economic hardship in the country.

Ajuri Ngelale, the President’s spokesperson, disclosed this in a statement on Wednesday.

He stated that interested Nigerians are expected to visit the portal of Nigerian Consumer Credit Corporation before May 15, 2024.

“Consumer credit serves as the lifeblood of modern economies, enabling citizens to enhance their quality of life by accessing goods and services upfront, paying responsibly over time. It facilitates crucial purchases, such as homes, vehicles, education, and healthcare, which are essential for ongoing stability and the pursuit of their aspirations.

“Individuals build credit histories through responsible repayment, unlocking more opportunities for a better life. The increased demand for goods and services also stimulates local industry and job creation.

“The President believes every hardworking Nigerian should have access to social mobility, with consumer credit playing a pivotal role in achieving this vision.

“The Nigerian Consumer Credit Corporation (CREDICORP) achieves its mandate through the following: Strengthening Nigeria’s credit reporting systems and ensuring every economically active citizen has a dependable credit score. This score becomes personal equity they build, facilitating access to consumer credit, Offering credit guarantees and wholesale lending to financial institutions dedicated to broadening consumer credit access today and Promoting responsible consumer credit as a pathway to an improved quality of life, fostering a cultural shift towards growth and financial responsibility.

“In line with the President’s directive to expand consumer credit access to Nigerians, the Nigerian Consumer Credit Corporation (CREDICORP) has launched a portal for Nigerians to express interest in receiving consumer credit.

“This initiative, in collaboration with financial institutions and cooperatives nationwide, aims to broaden consumer credit availability.

“Working Nigerians interested in receiving consumer credit can visit to express interest. The deadline is May 15, 2024.

“The scheme will be rolled out in phases, starting with members of the civil service and cascading to members of the public,” the statement said.

Recall that two months ago, a presidential spokesman, Bayo Onanuga, announced that the Federal Executive Council had given the nod for the establishment of the Consumer Credit Scheme.

He said the President’s Chief of Staff, Femi Gbajabiamila, will lead a committee that includes the Budget Minister, Attorney-General, and Coordinating Minister of the Economy and Finance to make the scheme a reality.

In March, the Chairman of the Federal Inland Revenue Service Chairman, Zacch Adedeji, said the Nigerian government would unveil its proposed N100 billion consumer credit loan in a few days.

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Nigerian Govt grounds Dana Air operations



The Nigerian Government has suspended the operations of Dana Air.

The order followed an incident involving a Dana Air plane at Lagos airport on April 23, which forced aviation authorities to divert flights from local to international airport.

The decision was announced by Minister of Aviation, Festus Keyamo.

Details shortly…

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CBN disowns notice on cryptocurrency transactions



The Central Bank of Nigeria says a notice circulating on social media about the risk of cryptocurrency is fake news.

The Apex disclosed this via its official X account, urging the public to disregard the purported notice for all Deposits Money Bank, Non-Bank Financial Institutions, and other Financial Institutions.

The notice reminded “Institutions that dealing in cryptocurrencies and facilitating payments for cryptocurrency exchanges is prohibited”.

However, CBN said the content doesn’t originate from it.

“This information does not originate from the Central Bank of Nigeria.

“For authentic updates, please visit the official website,” CBN wrote.

Recall that the CBN governor, during the Bank’s 293rd Monetary Policy Committee meeting, said over $26 billion funnelled through Binance.

On Tuesday, the Chairman of the Economic and Financial Crimes Commission, EFCC, Ola Olukoyede, said the anti-graft agency froze about 300 accounts to ensure the safety of the foreign exchange market.

The Nigerian government had continued clamping down on Binance and other cryptocurrency platforms amid efforts to defend the Naira in the foreign exchange market.

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