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I reduced debt, left N14bn behind – Oyetola
Former Governor of Osun State, Adegboyega Oyetola, has said his administration is leaving behind a total sum of N14 billion cash in the state’s coffers.
Oyetola also said between 2018 and time of his exit, his administration had paid a sum of N97 billion from the debt inherited, adding that the administration did not take any bank loan during his tenure as governor.
In a farewell message by Oyetola as contained in a statement made available by his Chief Press Secretary, Ismail Omipidan, on Sunday, he further disclosed that his administration put Osun’s economy on a better footing through many people-centred and masses-focused projects implemented to make life worthwhile for the people of the state.
According to him, Osun under his watch has been stable economically as manifested in the astronomical increase in the Gross Domestic Product of the state since he assumed office.
He affirmed that Osun was more stable economically than he met it in 2018, saying despite all the visible socio-economic challenges confronting the state with its attendant effects, he was able to take care of the fears and evil of fiscal indiscipline and lack of implementation, which hampered projects and services in the nation’s public service.
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The statement quoting Oyetola further read in part, “As I step aside today( Sunday) following the conclusion of the four-year tenure you freely gave me, I thank God and I thank you for your support, cooperation and prayers over the years.
“I recall how the journey began four years ago; how by your belief in me and your conviction in the plans and programmes of our party, you exercised your right to vote for me. As we end our first term, rest assured that Osun is more stable economically than we met it in 2018 and it remained the most peaceful state in the country under our leadership.
“For four years, we did not take any bank loan facility. But we benefitted from the N3 billion monthly intervention from the Federal Government to all the states for six months to cushion the effect of deductions of budget support facility and salary bailout accessed by the previous administration, just as we have paid N97 billion from the total debt we inherited in 2018.
“We are leaving behind cash of over N14 billion. In addition to the N14 billion cash, another N8 billion is being expected between December and January from our performance in SFTAS and the Internally Generated Revenue. Also, another $72 million will come to the state soon from RAMP 3, NG-CARES, Nigeria for Women Project and Ease of Doing Business. These are earned based on performance. And we have indeed performed to earn them.
“It was part of the same performance that earned us the award of Best Governor on Efficiency of Public Expenditure and TOP Performer on Domestic Revenue Mobilisation by the World Bank’s States’ Fiscal Transparency, Accountability and Sustainability, SFTAS, recently. We have gone this length to let you know that Osun under our leadership was sustainable. It was done through fiscal discipline and personal sacrifices.” Punch
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Release Abducted Children, Teachers Before Eid, Oyo Grand Chief Imam Begs Captors
Release Abducted Children, Teachers Before Eid, Oyo Grand Chief Imam Begs Captors
IBADAN – The Grand Chief Imam of Oyo Land, Sheikh Al-Imam Barrister Bilal Husayn Akinola Akeugberu, has issued an emotional appeal to those holding innocent children and their teachers in captivity, begging them to release the victims in the fear of Almighty Allah as the Muslim community prepares for the Eid al-Adha celebrations.
In a press release issued on Monday, the revered Islamic leader called on the abductors to reflect upon the boundless forgiveness and mercy of Allah, reminding them that no sin is beyond divine pardon when accompanied by sincere repentance.
Sheikh Akeugberu, whose message was steeped in compassion and the teachings of Islam, quoted extensively from the Glorious Qur’an to drive home his plea. He cited Surah Az-Zumar Verse 53, which reads: “Say: O My servants who have transgressed against their own souls, do not despair of the mercy of Allah. Indeed, Allah forgives all sins. Truly, He is the Oft-Forgiving, the Most Merciful.”
The Grand Chief Imam also referenced Surah An-Nisa Verse 110: “And whoever does evil or wrongs himself but afterwards seeks Allah’s forgiveness will find Allah Oft-Forgiving, Most Merciful.”
The respected Islamic scholar explained that these sacred verses serve as eternal reminders of Allah’s open door of mercy and forgiveness for every soul willing to return to righteousness.
“I hereby beg you in the mightiest name of Allah سبحانه وتعالى to release these innocent children and their teachers still under your custody,” the statement quoted the Grand Chief Imam as saying. “Let compassion prevail over cruelty, and let humanity triumph over pain and sorrow.”
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The cleric further emphasized the emotional trauma currently being experienced by the families of the victims, pleading that the abducted children and their teachers be allowed to reunite with their loved ones in time to observe the forthcoming Eid al-Adha celebrations.
“Please, please and please, let them celebrate Eid al-Adha with their families and with us,” the Grand Chief Imam passionately appealed.
Sheikh Akeugberu concluded his message with prayers for Allah’s mercy upon all humanity, asking Almighty Allah to forgive sins, overlook shortcomings, and keep everyone steadfast upon faith.
The identities and location of the abducted children and teachers were not disclosed in the press release. However, the appeal comes amid growing concern over a wave of abductions targeting schools and communities across parts of Nigeria, with many victims spending weeks or months in captivity before ransom payments or rescue operations secure their release.
The Eid al-Adha, also known as the Festival of Sacrifice, is one of the two most important holidays in the Islamic calendar. It commemorates the willingness of Prophet Ibrahim (Abraham) to sacrifice his son as an act of obedience to Allah’s command. The celebration is expected to take place in the coming days, subject to the sighting of the moon.
The Grand Chief Imam’s appeal adds his voice to a growing chorus of religious leaders, civil society organizations, and government officials calling for an end to the recurring abductions that have plagued the nation in recent years.
As at the time of filing this report, there had been no official response from the abductors or security agencies regarding the Imam’s appeal.
Release Abducted Children, Teachers Before Eid, Oyo Grand Chief Imam Begs Captors
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Osogbo United Youth Forum Lauds FEDPOFFA for Employing Outstanding Indigene as Lecturer
Osogbo United Youth Forum Lauds FEDPOFFA for Employing Outstanding Indigene as Lecturer
OSOGBO – The Osogbo United Youth Forum (OUYF) has publicly commended the leadership of the Federal Polytechnic, Offa, Kwara State, for offering a lecturing position to a distinguished Osogbo-born legal practitioner, Barrister Isola Shakirat Taiwo (Esq.).
The group described the appointment as a recognition of true excellence and merit, urging other leaders to prioritize impactful empowerment over what they termed “insignificant handouts.”
In a statement issued by the group’s Publicity and Media Unit, the Secretary General of OUYF, Comrade Adeagbo Suraj Ademola, expressed profound gratitude on behalf of the organization. He specifically thanked the polytechnic’s management for considering Barrister Taiwo, a brilliant and newly called-to-bar lawyer who graduated with an impressive Cumulative Grade Point Average (CGPA) of 4.41 out of a possible 5.00, earning a Second Class Upper Division in her Law degree from Osun State University.
“This recognition of excellence and merit is highly commendable and worthy of emulation,” Ademola stated. He assured the leadership of the Federal Polytechnic, Offa, that the good people and youths of Osogbo will always remember and reciprocate this remarkable gesture whenever the need arises.
Expanding his message to Osogbo indigenes in positions of authority across various agencies and political offices, Ademola advised that the forum would continually assess and appreciate leaders based on tangible impact.
“The youths of Osogbo will continually assess and appreciate leaders based on the number of lives they positively impact through meaningful empowerment, employment opportunities, and sustainable development,” he said. “This is far more valuable than the distribution of insignificant handouts that cannot provide long-term value.”
The forum praised the appointment as a model for other institutions and public officeholders to follow, emphasizing that rewarding hard work and academic brilliance is the surest path to communal and national development.
Signed:
Publicity and Media Unit
Osogbo United Youth Forum (OUYF)
Osogbo United Youth Forum Lauds FEDPOFFA for Employing Outstanding Indigene as Lecturer
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UPDATED: Nigerians Abandon Gas for Firewood as Prices Hit N2,000 per Kilogram
UPDATED: Nigerians Abandon Gas for Firewood as Prices Hit N2,000 per Kilogram
Nigeria’s cooking gas crisis deepens, with prices soaring to N2,000 per kilogram in Lagos, as marketers warn of a return to firewood and soaring food inflation.
The price of Liquefied Petroleum Gas (LPG) , commonly known as cooking gas, has surged to record highs across Nigeria, pushing household energy costs beyond the reach of millions.
Market checks across major cities confirm that retail gas prices have increased sharply, with Lagos recording the highest spike. In areas such as Alakuko, a kilogram of cooking gas now sells for between N1,800 and N2,000. Along the Lagos-Ibadan Expressway, a 12kg cylinder costs as much as N19,200 at filling stations like Sungas in Aseese. In the Federal Capital Territory, Abuja, prices are trending upward, with depots selling at approximately N1,400 per kilogram, while roadside resellers charge between N1,650 and N1,750. Port Harcourt is experiencing acute shortages, with prices quoted as high as N1,800 per kilogram in some neighbourhoods.
Industry stakeholders attribute the current crisis to a combination of global market pressures, foreign exchange volatility, and domestic infrastructure gaps. Nigeria continues to rely on imported LPG to meet domestic demand. With the naira trading around ₦1,350 to the dollar, the landing cost of cooking gas has skyrocketed. Marketers have significantly reduced or halted imports due to elevated costs, creating a supply crunch. Energy experts also point to the ongoing U.S.-Iran conflict and broader Middle East tensions as key drivers of higher international LPG benchmarks. These global price shocks are transmitted directly to Nigerian consumers.
Another major factor is Nigeria’s weak storage infrastructure. The nation has only about 18 days of LPG storage capacity, far below the global benchmark of 60 days. Total storage stands at approximately 800,000 metric tonnes, insufficient to meet the national target of distributing 5 million metric tonnes annually. This leaves the market vulnerable to any supply disruption. Additionally, while local production has increased, a significant portion of domestic output is propane, which is often exported. However, Nigeria’s cooking gas market relies mostly on butane. This mismatch forces continued, costly imports.
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The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) has warned that the current trend could reverse a decade of progress in clean cooking energy. According to the association, the high cost is forcing many households and small businesses to revert to firewood and charcoal, a regression that has severe implications for public health, accelerates deforestation, and undermines Nigeria’s climate commitments. NALPGAM also cautioned that without urgent government intervention, the crisis could trigger accelerated food inflation as food vendors pass on higher fuel costs, the collapse of small-scale LPG retail businesses, job losses in the energy value chain, and public backlash against gas station owners.
In response to the crisis, the NNPC Ltd. has unveiled its Gas Master Plan 2026, which includes a 20 million LPG cylinder supply initiative aimed for delivery by 2030. However, analysts note that success depends on consistent policy enforcement. On the private sector front, NESGAS Limited has secured a $200 million financing deal to construct a 50,000-metric-tonne LPG storage facility in Onne, Rivers State. Once completed, the facility is expected to significantly boost supply stability in the region. Additionally, Seplat Energy is commissioning new LPG facilities at its Sapele and ANOH gas plants, with the Sapele plant alone capable of producing roughly 163 metric tonnes per day.
For millions of Nigerians, the soaring cost of cooking gas is not just an inconvenience — it is a daily survival challenge. An egg seller in Ikeja, Lagos, lamented: “I use gas to boil eggs for my small business. The price keeps going up. It is eating deep into my profit. What are we supposed to do?” Another trader in Abuja expressed fear that many families may be forced to return to kerosene and firewood, worsening indoor air pollution and health risks. With a standard 12.5kg cylinder now costing upwards of N18,750 to refill — equivalent to several days’ income for many households — the pressure on low-income families is immense.
While long-term infrastructure projects offer hope for a more stable future, the immediate outlook remains grim. NALPGAM has appealed to the Federal Government, NMDPRA, and NNPC Ltd. to take urgent, coordinated steps to stabilize the market. The association warned that without decisive action, “the citizens may rise against the owners of gas filling stations.” Until then, Nigerian households and small businesses are left to bear the brunt of the highest cooking gas prices in recent memory.
UPDATED: Nigerians Abandon Gas for Firewood as Prices Hit N2,000 per Kilogram
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