PDP Urges Aregbesola Not To Create Additional 39 LGA’s

The Peoples Democratic Party, PDP has urged the Governor of Osun State, Rauf Aregbesola to cease plans of creating 39 new local council development areas.

This disclosure was made known in a statement issued by Director of Media and Strategy in Osun State, Diran Odeyemi, in Osun.

The statement said, ”The reality in Osun calls for serious planning because the economy of the state now or even in near future cannot cope with 69 local government councils when the state could not generate fund to develop the present councils”.

”This is a poorly conceived idea lacking the understanding and needs of the people of Osun State and its proposed execution at this time shows that governor Aregbesola has lost ideas of what is next in the state.

”The rest of the country must be astonished about a governor that has not been able to fulfill its financial obligations to the workforce and plunge the state economy in crisis, but interestingly planning to create new councils to make Osun as the only state in Nigeria to have 69 councils.

”Copying Lagos State is affecting Osun negatively. Buying helicopter, creating LCDAs, planting flowers are all Lagos ideas. Aregbesola is running Osun as a sole administrator. In his first term, it took him almost one year before he could constitute cabinet”.

”Again 10 months into his second term, the cabinet has not been formed and may not be formed at all for obvious reasons. Even, when his commissioners were in office, the whole state knows he does not listen to their suggestions. He governs the state as a sole administrator”.

http://addysoft.blogspot.com/2015/06/pdp-urges-aregbesola-not-to-create.html

Comments

Prices of Maize, Rice and other food commodities to rise in December, 2022 – Survey

One of Nigeria’s commodities market players, AFEX has forecasted a surge in prices of six food commodities, namely maize, paddy rice, sorghum, soybean, cocoa and sesame by the end of December 2022 to the first half of 2023. AFEX’s forecast is contained in its 2022 Wet Season Crop Production Report unveiled at a hybrid event hosted at the firm’s head office in Abuja on Wednesday. The report said maize which faces a projected decline in production levels of up to 14% will reach a higher average price point ranging between N214, 980/metric ton ($486.72) and N220,000/metric ton ($498.09) by the end of the fourth quarter (Q4) 2022. According to the report, this is compared to an average price of ($475.97) N210, 229/metric ton in Q4 2021, and projected that soybean price will rise by 6% by May 2023. David Ibidapo, AFEX head of market data and research who presented the report said annual crop production research seeks to provide robust market intelligence for agriculture value chain player...

Click here to Read more »

GTCO Plc Releases 2022 Q3 Unaudited Results

..Reports Profit Before Tax of ₦169.7billion Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Unaudited Consolidated and Separate Financial Statements for the period ended September 30, 2022, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group reported profit before tax of ₦169.7billion, representing an increase of 11.7% over ₦151.9billion recorded in the corresponding period ended September 2021. The Group’s loan book (net) increased by 2.2% from ₦1.80trillion recorded as at December 2021 to ₦1.84trillion in September 2022, while deposit liabilities increased by 6.4% from ₦4.13trillion in December 2021 to ₦4.39trillion in September 2022. The Group’s balance sheet remained well structured and resilient with total assets and shareholders’ funds closing at ₦5.81trillion and ₦872.8billion, respectively. Strong Capital Ratios and Asset Quality were sustained as CAR, NPL ratio, and Cost of Risk (COR) closed at 20.7%, 5...

Click here to Read more »

Winfest Campaign: Access Bank to Splash over N1bn on Customers

Access Bank Winfest Campaign Access Bank Plc, yesterday said it is rewarding its loyal customers with cash rewards and other items up to N1 billion for funding, transacting, maintaining, and increasing their deposits from October 2022 to November 2023 through the Access Winfest campaign. The essence of this campaign, it stated, is to promote a savings culture and efficient banking among Nigerians using alternative channels. The Deputy Managing Director, Retail, North, Access Bank, Victor Etuokwu in a statement said, “Over the past two decades, Access Bank has continued to grow in every dimension, particularly its customer base, due to customers like you whose patronage, advocacy, and loyalty have remained unparalleled. At Access Bank, we care most about how happy our customers are, and we hope to find more chances like this one to make their lives and the lives of many other Nigerians better.” To get on board the winning train, simply increase the balance on your account , carry out t...

Click here to Read more »

ADDYSOFT BLOG

Search This Blog