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Lagere Flyover Bridge Will Deepen Osun East Economy-Ooni of Ife

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By Kunle Idowu

His Royal Majesty, the Ooni of Ife, Oba Enitan Ogunwusi has showered praises on Governor Ademola Adeleke over his administration’s holistic infrastructure agenda for the state, affirming that the Lagere flyover bridge flagged off today will deepen Osun East economy.

Receiving the State Governor, his team and leaders of Ifeland at his Palace and addressing the public at the Lagere Junction, the global monarch analyzed the economic significance of Lagere Junction linking all major economic arteries of Osun State from Gbongan-Ikire axis in Osun West to Garage Olode on the route to Ondo and the direct economic linkage to Ijeshaland.
His Royal Majesty, a toprank businessman before his ascension to the throne of Oduduwa, described the Lagere flyover bridge as the coming of an economic hub which will expand the economic prosperity of not just Ifeland but Osun East and Osun state as a whole.
“I must commend the foresight and thoughtfulness of Mr. Governor. Your agenda to expand state infrastructure is impressive and unrivaled. This Lagere flyover bridge and its location touch at the economic heart of our people. We deeply appreciate your vision of uplifting and transforming Ifeland , the cradle of Yoruba nation.“ We are convinced that you will complete it in record time. We are also assured that you will put to practice your avowed commitment to local content and stomach infrastructure. When you finish the Lagere project, we know you will commence another one at Mayfair. At least, Ifeland is the origin of all Yoruba people ”, the Royal Majesty who spoke in Yoruba language noted.Flagging off the project at a ceremony attended by top leaders of the state including the Deputy Governor, Prince Kola Adewusi; the House Speaker , Adewale Egbedun; the Deputy Speaker, Hon,Ireyode Abidemi Oyewusi ; the State Chairman of the ruling party, Hon Sunday Bisi; the Head of Service, Ayanleye Aina; and Chairman of Imole Leadership team, Prof Wale Oladipo, Governor Adeleke said his infra agenda is primed to change the economic fortunes of the state for the better.The State Governor said he adopted a big view approach to the huge infra deficit he inherited from his predecessor, noting that his team understands the deep level of infra deficit which covers roads, health, water and schools.Explaining his administration’s efforts to bridge the infra gap, the Governor recalled the flag off of road dualisation last week at Ilesa, adding “we are here to bring to reality the construction of a flyover bridge, this iconic bridge, the first of its kind in this land of the source.“The project location was justified on the ground of easing traffic, facilitating connectivity and attracting adjacent economic activities. Ile Ife deserves not only an infra upgrade but a classical upliftment to enhance the tourism capital of this divine town. This is what our government is launching today. We are on a match to greater height for Ile Ife and Osun State as a whole.

“I want to use this platform to assure elders, sons and daughters of Ile Ife that our government is committed to solving the many developmental issues facing this city. We are applying phased project implementation strategies due to the huge infra deficit with attendant low funding capacity. We however assure all and sundry that our strategy will eventually fulfill the yearnings and aspirations of all our people.“Our good people of Ile Ife and Osun as a whole, we are here for two in one event. We are flagging off the flyover bridge at Lagere Junction as well as the commencement of 55 kilometers of roads across the 30 local governments and the area office.“After compliance with the due process and procurement laws, the flyover bridge is awarded to Messrs Sammya Nigeria limited at a total project cost of Fourteen Billion, Nine Hundred and Thirty Eight Million, Seven Hundred and Seventy One (N14,938,924,771.45). The completion period is Twelve Months.“Additionally, I flag off the construction of Local Government Roads totalling 55.86km at the cost of N30,677,814,099.42. This is also to have a completion period of twelve months”, the Governor stressed. Earlier, Prof Oladipo had expressed appreciation to Governor Adeleke for his wonderful performance in office and affirming that the Governor had made all members of the Imole team proud by proving himself worthy of the office of a Governor.“On this occasion, we thank the Governor as the Prince of Ife and as the Chairman of the Imole Leadership team. You make us proud and we are proud of you. Today, Ile Ife and Osun State will not forget your legacy decisions and actions,” Prof Oladipo noted.

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FCTA Moves to Curb Medical Tourism

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By Laide Akinboade, Abuja
Federal capital Territory Administration (FCTA) has pledged to provide the necessary support for the successful completion and operation of the African Medical Center of Excellence, with a view to reversing medical tourism.
The FCT Minister of State, Dr. Mariya Mahmoud, made this pledge during a site tour of the state of the art facility, of African Medical Centre for Excellence, billed to be operational in early 2025.


Mahmoud noted that the partnership between the African Export-Import Bank and Kings College Hospital London to establish the 170-bed hospital was a testament to the commitment to advancing clinical care, training, and research in specialty areas such as oncology, cardiovascular services, hematology, diagnostics, and general medical services.

The minister further added; “The potential impact of this initiative in reversing medical tourism and reducing healthcare worker migration is commendable.
“I am encouraged by the prospect of over 1000 workers being employed to support the hospital’s operations.
“Therefore, I am fully committed to ensuring that the Federal Capital Territory Administration provides the necessary support for the successful establishment and operation of the African Medical Center of Excellence.
“We are happy to see, that the 6.5 hectares of land, which was donated by the Federal Capital Territory Administration, on behalf of the Federal Government of Nigeria, as part of the host country agreement, has been developed to accomodate this hospital.”
While conducting the minister round the project, the Chief Executive Officer, African Medical Center of Excellence, Mr. Brian Deaver, commended the FCT Administration for the strategic partnership.
He used the occasion to inform the minister that the management staff of the medical centre are looking forward to further contributions of the Administration to improvement in the management of non communicable diseases in the territory.
Deaver stressed that the potential benefits of the location of this hospital in Abuja is significant, just as he expressed confidence that the partnership would yield positive outcomes for the healthcare sector in the region.

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Ortom, Ode, Asemakaha Felicitates  With Alia on 58th Birthday

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From Attah Ede, Makurdi  
Former Governor of Benue State, Chief Samuel Ortom, the incumbent Deputy Governor, Barr Sam Ode and the Managing Director and Chief Executive Officer (MD/CEO) of Benue Investment and Property Company (BIPC), Dr Raymond Asemakaha, Wednesday, extended their felicitations to the State Governor, Rev Fr.

Hyacinth Alia on his  58th birthday celebration.

The former governor in  a statement signed by  his Media Aide,Terver Akase and made available to newsmen in Makurdi, prayed God to grant Governor Alia the wisdom and health to steer the affairs of the state.

 He maintained that God would grant Alia the enablement to surmount all challenges fronting his administration and wished him a memorable birthday celebration and many more years ahead.

The statement  read in part: “Your Excellency, as you celebrate, I pray that God grants you wisdom, good health and strength to enable you to continue to steer the affairs of our dear state.
“Leadership comes with its numerous challenges, but I have no doubt that with God’s grace and guidance, all problems are surmountable.”
Similarly, the Deputy Governor of the State, Barr. Sam Odeh, on behalf of the State Executive Council (SEC), prayed that Governor Alia’s birthday would be a celebration of his uncommon passion for speedy transformation of the state.
“On behalf of the Benue State Executive Council, I write to warmly felicitate with Your Excellency, Rev. Fr. Dr. Hyacinth Iormem Alia, Executive Governor of Benue State on the occasion of your 58th birthday anniversary.
“As you mark your years of existence on earth today, we heartily join your family, the good people of Benue State and the entire nation in wishing Your Excellency a very happy birthday.
“May your 58th birthday be a celebration of your positive energy and uncommon passion for speedy transformation of Benue State. As Governor of our dear state, you have, in the last one year, demonstrated pragmatic leadership with selflessness and dedication, by rendering quality service to the good people of Benue.
“Your ability to turn challenges into opportunities is truly admirable. We have every reason to celebrate you today, because your transformation drive has brought the state to national and global prominence with many laudable initiatives and partnerships that are now yielding positive results in various sectors of Benue economy.
“Happy Birthday! Your Excellency, you are truly a special gift to the state and a beacon of inspiration for us all. May your birthday mark the beginning of a new chapter filled with even greater successes and fulfillment.
“We pray that the Almighty God will continue to uphold, keep and strengthen you for His glory and to the benefit of humanity. Congratulations and happy birthday!, Ode stated”.
On his part, the MD/CEO, BIPC, Dr Raymond Asemakaha, on behalf of the management and staff of the company, said  the governor had so far demonstrated visionary leadership, tireless efforts, and unwavering commitment to the transformation of Benue State.
Governor  Alia’s exemplary governance and dedication to the welfare of the people are truly inspiring, stressing that this milestone birthday marks the beginning of another remarkable year filled with wisdom, good health, and unparalleled success.

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CBN Unveils Strategy to Boost Remittances

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By Tony Obiechina, Abuja
The Central Bank of Nigeria (CBN) has activated plans to double foreign-currency remittance flows through formal channels by granting 14 new International Money Transfer Operators (IMTOs) Approval-in-Principle (AIP).
This was disclosed in Abuja on Wednesday, by the Bank’s Acting Director of Corporate Communications, Mrs.

Hakama Sidi Ali, who stated that the initiative will help increase the sustained supply of foreign exchange in the official market by promoting greater competition and innovation amongst IMTOs to lower the cost of remittance transactions and boost financial inclusion.

She said, “This will spur liquidity in Nigeria’s Autonomous Foreign Exchange Market (NAFEX), augmenting price discovery to enable a market-driven fair value for the naira.

“It will be recalled that the CBN Governor, Mr. Olayemi Cardoso, had recently declared: “We’ve set ourselves a target to double remittance flows into Nigeria within a year, a goal I firmly believe is within reach.
“We are wasting no time driving progress to remove any bottlenecks hindering flows through formal channels permanently. We have a determined pathway and a sequenced approach to tackling all challenges ahead, working hand in hand with key stakeholders in the remittance industry,” she stated.
Continuing, Sidi Ali, said that the CBN viewed increasing formal remittance flows—one of the major sources of foreign exchange, accounting for over 6% of GDP—as a means of reducing the historical volatility in Nigeria’s exchange rate caused by external factors, such as fluctuations in foreign investment and oil export proceeds.
The increase in the number of IMTOs is one of the primary actions initiated by the CBN’s remittance task force, overseen by Governor Cardoso as a collaborative unit pulling together specialists to work closely with the private sector and market operators to facilitate the ease of doing business in the remittance ecosystem in Nigeria.
The task force was established as a direct result of an executive learning session with IMTOs during the World Bank/IMF Spring Meetings held in Washington DC, United States of America, in April 2024. The task force will meet regularly to implement strategy and monitor the impact of its measures on remittance inflows.

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