MC Oluomo Emerges As NURTW National President

Former Chairman of the National Union of Road Transport Workers (NURTW) Lagos State Chapter, Mr. Musiliu Akinsanya, popularly known as MC Oluomo, was elected the new National President of the Union on Saturday.

Akinsanya was the sole candidate in the election, which took place at the Union’s Zonal Secretariat along the Osogbo/Ikirun Road.

Delegates from the four southwestern states—Lagos, Ogun, Ondo, and Ekiti—participated in the election.

The election, conducted during the Union’s Quadrennial Delegate Conference, was overseen by the acting National President, Aliyu Issa-Ore.

Issa-Ore, addressing the gathering, explained that the Union’s Constitution stipulates that the zone permitted to fill the national president’s position would elect its preferred candidate and present them to the national body.

The acting NURTW President, whose remarks were delivered by Mrs. Adedamola Salam, Head of Finance at the National Headquarters in Abuja, added, “The Southwest zone has fully complied with the Constitution in electing MC Oluomo as President.”

The delegates also elected Tajudeen Agbede as Vice President, Southwest, while Akeem Adeosun was chosen as Trustee from the zone.

Shortly after taking the oath of office, Akinsanya, surrounded by associates and family members, called for peace and pledged to work towards unity among members.

He further stated, “I have forgiven everyone who has offended me, and I hope those I have offended will forgive me as well.

“This is our union, and we must be committed to preserving it. We will not allow anyone to destroy our means of livelihood.”

Statistician-General, Economists, Minister, Dons, Others To Attend NAMM 2024 Conference In Ibadan

Nigerian Association of Macroeconomic Modellers (NAMM) to Host 3rd Annual International Hybrid Conference
Ibadan, Nigeria beginning from November 27-28, 2024.

The Nigerian Association of Macroeconomic Modellers (NAMM) has invited the public to its 3rd Annual International Hybrid Conference, themed “Macroeconomic Modelling & Data Science for Socio-Economic Development.

This statement was made known yesterday at a press briefing held at the University of Ibadan by the duo of President and Vice President of the Asssociation, Prof. Philip Alege and Prof. O. E. Olubusoye who is also the Local Organizing Chairman NAMM 2004.

“The conference will be held from November 27-28, 2024, at the Conference Centre, University of Ibadan, Nigeria at 10am daily. This year’s conference will bring together leading academics, researchers, policymakers, and industry professionals to discuss the latest advancements in macroeconomic modelling and data science. The conference will feature keynote addresses, plenary sessions, panel discussions, and workshops on a wide range of topics, including:

  • Data quality and macroeconomic modelling
  • Fiscal, monetary, and financial policy strategies
  • Energy transition, climate change, and the environment
  • Global macroeconomic shocks and the developing countries
  • Commodity market and price shocks
  • Macroeconomic modelling for economic policy coordination.
  • About NAMM: The Nigerian Association of Macroeconomic Modellers (NAMM) is a professional organisation dedicated to promoting the use of macroeconomic modelling for policy analysis and economic development in Nigeria.

Psaltry Reacts As Ado-Awaye Farmers Allege Cassava-Processing Factory Of ‘Exploitation’

Some farmers in Ado-Awaye have alleged the Chief Executive Officer of the cassava-processing Company, Psaltry International of exploitation and lack of transparency in business transactions.

The leading African cassava processing industry is located in Ado-Awaye, Iseyin Local Government of Oyo State.

The farmers who spoke to ODUDUWA NEWS in a media chat with our Correspondent hinged their decision to stop supplying cassava feedstocks to Psaltry on the incessant delayed payment and lack of transparency in business transactions after they have delivered feedstocks to the factory which according to them hindered them from timely reinvestment of their proceeds.

Meanwhile, in a press statement made available today to Oduduwa News by the Special Adviser on Special Duties to the Chief Executive Officer of Psaltry, Madam Yemisi Iranloye, Mr. Opeyemi Bolanle, he debunked the allegation and attributed the report to the handiwork of mischief makers.

The company said this in reaction to a media report criticizing it for delayed payment to farmers, adding that nothing of such happened, as there has been a payment plan according to a memorandum of understanding that has been used for years.

Addressing the accusations of payment defaults and lack of transparency in the weighing system by the publication, the company stated that such claims were far from the truth, stating that Psaltry purchased over ₦1 billion worth of cassava annually from three main segments of suppliers.

“Psaltry is reacting to a so called “exclusive” news story from a blog alleging that Oke-Ogun cassava farmers would no longer sell cassava to the company due to, “delayed payments, lack of transparency in weighing system and no traceable benefits for both community and its indigenes.

“This is clearly the work of mischief makers, our priority has always been to contribute meaningfully to the communities where we operate, we believe that sustainable agriculture and responsible business go hand-in-hand, and our 15-year journey reflects that commitment.

“First, we procure cassava from our out-grower farmers whom we pre-fund, secondly, we source cassava from traders, we pre-fund to reach deep, remote areas where it would be difficult for farmers to bring their produce to us, ensuring that no farmer is left out of our supply chain, thirdly, we work with traders that we have previously trained, who now supply us cassava independently.

“I am happy to inform you that over 600million cassava stems, herbicides as well as Agric loans were made available to these out-growers.”

He noted that each of the arrangements involved a business transaction with mutual obligations, where both parties have an understanding regarding payments and commitments.

To foster greater transparency, Psaltry has also committed to publishing regular impact reports, which will highlight ongoing community initiatives and key contributions to the local agribusiness ecosystem. Through these reports, Psaltry will maintain open lines of communication with stakeholders and continue to champion shared growth and sustainability.

Osinbajo Urges Tinubu To Tackle Economic Hardships, Invest In Education


Former Vice President Professor Yemi Osinbajo has called on President Bola Tinubu’s administration to address the severe economic challenges impacting millions of Nigerians. Speaking at the 2024 Women in Management, Business, and Public Service (WIMBIZ) conference, Osinbajo urged the government to implement social welfare programs and policies aimed at easing daily living costs, which he noted have become overwhelming for many Nigerians.

“The cost of living is overwhelming Nigerians’ hope for survival,” Osinbajo stated, emphasizing the struggles families face amid rising prices for essentials. “Children are suffering from the impact of rising food prices, and we must address this crisis,” he added, calling for stronger social safety nets to help meet basic needs like food, transportation, and housing.

The former Vice President also drew attention to Nigeria’s educational challenges, particularly low literacy rates among women in northern Nigeria, where over 67% of women are reported to be illiterate. He warned that Nigeria’s growth will be stunted if half the population remains without access to education and economic opportunities.

“A country where half the population is socially and economically disempowered due to illiteracy will find development difficult, if not impossible,” Osinbajo cautioned.

Offering solutions, he emphasized the need to invest in education and promote economic independence, particularly for women. “We must invest in education and provide opportunities for economic independence for our people, especially women. This is a critical part of creating a fairer and more prosperous Nigeria,” he concluded.

Osinbajo’s remarks resonate with growing concerns nationwide about rising living costs and limited access to essential services.

Power Outage: IBEDC Downgrades Feeders In Oyo, Ogun, Others, Following NERC Directives

The Ibadan Electricity Distribution Company (IBEDC) has released a list of feeders that were downgraded from Band A to Band B, C, D, or E, affecting the hours of power supply to various areas in Oyo, Ogun, Kwara, and Osun States.

This downgrade was carried out in response to directives from the Nigerian Electricity Regulatory Commission (NERC) based on the allocation of daily power supply to these areas.

Here is a summary of some affected areas and their new power supply bands:

IBADAN (Band B):
Bank Road 11kv Feeder: Magazine Road, Oba Adebimpe Road, Oke Bola (Now receives 16 hours of power supply)
OGUN (Band B):
GTB 11kv Feeder: GTBank Training School, Oke Ilewo Abeokuta (Now receives 19 hours of power supply)
KWARA (Band B):
Seminary 11kv Feeder: High-school Area to Seminary, Randa area, Olomi area, Bowen Area, Takie Junction, Apake area, Star- Light area, Sabo area, Orita Naira Junction, Terminated at Bode-Eniafe Street (Now receives 16 hours of power supply)


IBADAN (Band C):
Ami 11KV Feeder: Onireke, Jericho, Railway Quarters (Now receives 12 hours of power supply)
KWARA (Band C):
Asa 11KV Feeder: Asa Dam, Ilorin (Now receives 14 hours of power supply)
OGUN (Band C):
Homan 11kv Feeder: Daraju, Eagle Packages, NYCIL (Now receives 14 hours of power supply)
KWARA (Band C):
Senior Staff Qtrs F20 11kv Feeder: Senior Camp Road (Now receives 15 hours of power supply)
IBADAN (Band D):
Dugbe Awolowo 11kv Feeder: Old Bodija, Sango, Vetinary (Now receives 11 hours of power supply)
KWARA (Band D):
Government House 11kv Feeder: Agba Dam Road, Umaru Audi Road, Adelodun Road, Abdulkadir Road, Saad Alamu Street, Offa Road, Flower Garden, Idiagbon Street, Sayomi Street 2nd Avenue Street (Now receives 9 hours of power supply)
IBADAN (Band E):
Anfani 11KV Feeder: Anfani Road, Ibadan (Now receives 5 hours of power supply)
These changes reflect adjustments in power allocation to different areas based on available supply and NERC directives.

Customers affected by these changes will experience varying levels of power supply as per their new band classifications.

Suspended Oyo East Council Chairman Reinstated By Oyo Assembly

The Oyo State House of Assembly has reinstated the suspended Chairman of Oyo East Local Government, Honorable Olusola Oluokun.

According to Western mirror report, the decision of the House follows a resolution passed at a plenary session on Thursday, November 7 at the floor of the House.

Hon. Oluokun was suspended following a video on social media showing him in an uncouth position making remarks deemed inappropriate and unexpected of a person occupying such public office.

However, Hon. Oluokun, who was cleared of the charges leveled against him after an inquiry conducted by the Assembly’s Committee on Local Government and Chieftancy Matters.

Honorable Akintunde Olajide representing Lagelu state Constituency and chairman, House Committee on Local Government and Chieftaincy Matters presented its committee report to the House on Thursday.

According to the report, the suspended chairman did not intentionally posted the said video that led to his suspension on social media and subsequently showed genuine remorse.

Consequent upon adoption of the committee report and deliberation on the report, the House in a unanimous position agreed that the suspended chairman be reinstated.

The Speaker, Et. Honorable Adebo Ogundoyin, directed that the vice chairman who acted as the executive chairman revert back to his position.

Sponsored: Need A Space For Office, Shop And Others? BINATECH Dugbe Shopping Complex A Perfect Fit

A 68-unit shopping complex has been built by Binatech Engineering Services Limited. An engineering company whose area of interest is in civil, mechanical and electrical work.

The shopping complex situated infront of Library Board, beside NIPOST Building, directly facing main road at Dugbe has several units that could be a perfect fit for your shop, office and other business activities.

Details of Dugbe Shopping complex:
2.4m x 3.0m space available at the Second floor @ 7.3million to be leased for 30years.

3.5m x 4m space, ensuite with toilet available at First Floor @ N11million to be leased for 30years.

FACILITIES:

Enough parking space.
24/7 Security
Running water
Electricity.
Good location.

For more details: Contact Ayilara or Timothy on 08132296672; 08101835754.

Osun Gov, Adeleke Mourns Exit Lagbaja, Describes Death As A Colossal Loss To Nigeria

Governor Ademola Adelele has described as a sad loss the untimely exit of the Chief of Army Staff, Lt. General Taoheed Lagbaja, calling his transition “a huge misfortune”

“A huge misfortune has befallen the people of Osun State, the Nigerian army and the great Lagbaja family of Ilobu. We lost a rare breed, a gentleman and a true patriot to the cold hand of death.

“Our late brother has a big vision of operational reforms for the Nigerian Army. He launched out and commenced the implementation of root and branch reform of the Nigerian Army. Within his short stint in office, he enforced professionalism and battled terrorists and bandits with terrifying fierceness.

“Our late brother was a very hardworking officer, a true workaholic, a fierce soldier, a replica of the traditional army officer with an ambitious plan for modernization and integration of the Nigerian Army.

“In my last encounter with him, he exuded hope and aspirations of a better Nigeria with the military as a stabilizer and unifier of the federation. In late General Lagbaja, we had a great military leader with the poise, the confidence and the firmness to realize the vision of a new Nigerian Army.

“Unfortunately, the end came suddenly. We surrendered to the will of the Almighty creator. I commiserate with the Commander – in- Chief, President Bola Ahmed Tinubu, the men and women of the Nigerian Armed Forces, my people of Ilobu and the great Lagbaja family.

“We mourn together on this sad occasion. On behalf of the people and Government of Osun state, we extend commiseration to Mrs Mariya Lagbaja and the two children .”, Governor Adeleke noted in a statement he personally signed.

One Hospitalized As ‘Danfo’ Driver Sets Self, LASTMA Officer Ablaze In Lagos

There was a tense situation along the expressway near Ilasa, heading towards Mile 2 in Lagos, as as a yet-to-be identified driver set himself and other LASTMA officer ablaze.

The LASTMA officers said to have stopped the driver for violating traffic rule, the tension became high when the LASTMA officers wanted to impound the vehicle which later resulted to the driver setting self, one LASTMA officer ablaze.

According to a statement by the Lagos State Traffic Management Authority, the incident occurred on Tuesday, November 5, 2024.

The statement read: “On Tuesday, November 5, 2024, at approximately 9:55 a.m., a Volkswagen T4 commercial driver, known for frequently violating traffic rules, was stopped by a LASTMA Patrol Team. The driver was observed picking up and dropping off passengers at an unauthorized location along the expressway near Ilasa, heading towards Mile 2.

During the incident, the driver and conductor, with assistance from nearby individuals, reportedly became aggressive, pouring petrol on a LASTMA Officer and set him ablaze. The injured officer was promptly rushed to the hospital for urgent medical care.”

Breaking: Makinde Approves Payment Of ₦80,000 Minimum Wage For Oyo Workers

The Oyo State Government has approved a minimum wage of ₦80,000 for the State workforce.

In a statement by the State Commissioner for Information and Orientation, Prince Dotun Oyelade, the Technical Committee set up by the State Government recommended and got approval from Governor Seyi Makinde for the implementation of the new salary scale.

This new scale will be implemented as soon as the consequential adjustments process is completed by the committee which comprises of Government and Labour top officials.

Prince Oyelade recalled that only last month, a Federal Government Agency, the National Bureau of Statistics, NBS, in its latest employment statistics published for 2024, rated Oyo state as the most worker friendly State in the whole of Southern Nigeria owing to a significant decline in Oyo State unemployment rate following a series of high-pitched employment of workers into various sectors of the State.

The Commissioner also emphasized that Oyo State pays its workers salaries on the 25th of every month since Governor Makinde came into office in 2019.

He also said the Governor started paying the previous ₦30,000 minimum wage from inception over four years ago, including consistent payment of pensions, gratuities and 13th month salary for both workers and pensioners alike.

He recalled that since November 2023, Governor Makinde has been paying ₦25,000 to its workers and ₦15,000 to its pensioners as a welfare wage award.

The Information Commissioner noted that the Seyi Makinde administration started paying the wage award to cushion the effect of the Federal Government induced fuel subsidy removal and has also been consistent with the payment for over a year even till date.

Prince Oyelade reiterated that the Governor has paid the backlog of gratuities from 2008-2015 for Pensioners with increase in gratuity payment for Pensioners at both the Local Government Staff Pensions Board and those paid by the Ministry of Establishment and Training.

He added that the Governor has also put back into payroll, Pensioners whose names were removed by the immediate past administration and giving all pensioners annual Christmas/New Year Chicken Bonus.

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