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Governor Adeleke named 2024 Governor of the Year

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Senator Ademola Adeleke, Osun State Governor has been named 2024 Leadership Newspaper Governor of the year.

It was gathered that the Newspaper also endorsed Governor Adeleke for second term in office as Governor of Osun State.

While receiving the top management team of the newspaper at the Government House in Osogbo, the Osun state capital, Governor Adeleke noted that his administration has reduced the infra deficit by over 40 percent adding that his real target Is higher.

He added that his administration has bridged access to primary health care, and his ambition is to also expand health access at medium and tertiary levels.

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He said, “Osun State is constantly getting recognitions for what outsiders and even opposition members regard as our commendable performance.

“In the last one year, our government has been conferred with several awards across the sectors. Aside from reputable newspapers like the leadership stable, we have received accolades from several federal agencies and non-governmental bodies. The consensus from those reviewing our performance and service delivery is that we are true agents of good governance.

“In all these positive ratings, my response has always been to task my team to double their efforts. In the face of overwhelming positive reviews and high approval ratings , I am compelled to drive my team harder. When recently some opposition figures confessed to our positive ratings, I still believe we have a lot of grounds to cover.

“I am not allowing the praises to enter my head. While it may be true that I have delivered a four year task in under two years, I am propelled to do more because Osun has been left behind on many fronts. As I have reduced the infra deficit by over 40 percent, my real target Is higher. As I have bridged access to primary health care, my ambition is to also expand health access at medium and tertiary levels. While our records across the sectors are laudable as your newspaper has acknowledged, the ultimate goal is to accelerate infra upgrade alongside the boosting of soft investment for the well being of our people.

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“I appreciate your candid endorsement of our performance. It is important to note that your yardstick for recognizing us correlates with similar reasons adduced by others. Our huge governance records are undeniable facts especially in workers welfare, infrastructure delivery, educational expansion, health care access improvement, solid mineral sector reforms, digital economy initiatives, agricultural mechanisation among others.

“I want to assure the public that our administration is not slowing down. Very soon, I will flag off ongoing remodeling of Osogbo stadium to assume international standard. Prior to the ongoing stadium project, we have engineered the creation of Osun Sport Commission and Osun Sport Fund through appropriate legal and policy framework.

“Very soon, I will be flagging off the dualisation of phase one of Odoori – Post office road at Iwo. The contractor for Iwo -Osogbo road has mobilized to site. We plan to complete the two projects within the life of this administration. Meanwhile, the dualisation project at Ilesa is progressing while the flyover bridge at Ile Ife is ongoing with appreciable progress. 2025 is billed to be a year of further expansion of good governance for the good of man and humanity.

Speaking earlier, Mike Okpere, the Vice Chairman of Leadership Group noted that the recognition is in order to give Governor Adeleke an insight and encouragement to do a second term.

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“Your excellency you will see that, we didn’t just come down here, we had a meeting before the award and that is why we are here, so this trip is to notify you formally for this award and we personally invite you on the 8th of April at the Banquet Hall of the State House in Asokoro where this award will be handed on over to you.

“Our Reputable Person of the Year is Aliko Dangote, you all are aware of the investment he just concluded, by bringing fuel production into Nigeria because of that and many other things, we chose him as our person of the year.

“Other person’s that would be sharing the merit are other Governors that have touch people’s lives, among them is the Governor from Akwa Ibom, the Governor of Enugu state, the Governor of Jigawa state and the Governor of Kano state.

“We didn’t call this Leadership Governor of the year, we call it Governor of the year, in order words what we are saying is that, this recognition will give you an insight and encouragement to do a second term.

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“As a newspaper company, we don’t endorse Governors but when we see something we say it, your Excellency sir, our duty is almost done or I want to present the notification and official invitation.”

Other members of the Leadership Newspaper team includes, Mr Abraham Nda Isaiah, Director, Leadership Group, Mr. Ibidiran Ayokunle, Head Southern Operations, Mr Joshua Dada, Osun State.

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See Dollar to Naira exchange rate today, August 25,2026

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The Nigerian naira remained relatively stable against the United States dollar on Tuesday, August 25, 2026, as traders continued to monitor developments in the official and parallel foreign exchange markets.

The latest available Nigerian Foreign Exchange Market (NFEM) data put the naira at about ₦1,346.49 per dollar, while the official closing rate was ₦1,346.90/$ in the most recent confirmed trading session. The Central Bank of Nigeria (CBN) says the NFEM rate is derived from the volume-weighted average of transactions in the official market.

However, a live USD/NGN market benchmark on Tuesday morning was around ₦1,347.26 to the dollar, indicating that the currency was trading close to its recent official-market levels.

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In the parallel market, the dollar was quoted at about ₦1,400/$ on Tuesday, according to the latest Aboki Forex data. This puts the street-market premium at roughly ₦53.10 above the latest official closing rate.

At the parallel-market rate of ₦1,400/$, $100 would exchange for about ₦140,000, while $1,000 would be worth approximately ₦1.4 million.

The latest figures show that the gap between the official and parallel markets has remained relatively contained compared with periods of severe foreign exchange volatility.

The naira had strengthened in the official market in recent sessions. On August 21, the NFEM rate stood at ₦1,346.49/$, while the dollar closed at ₦1,346.90. The currency had traded between ₦1,342 and ₦1,348 during that session.

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The naira’s recent performance has been supported by improved foreign exchange liquidity and stronger external reserves. CBN data cited in recent market reports showed Nigeria’s external reserves at about $52.66 billion as of August 19.

For Nigerians and businesses buying or selling dollars, the actual rate may vary depending on the bank, Bureau de Change operator, location, transaction size and prevailing market conditions.

Parallel-market quotations are also subject to changes during the day as dollar demand and supply shift.

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*HAPPY BIRTHDAY TO A POLITICAL JUGGERNAUT*

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On your special day, we celebrate *Rt. Hon. TEEJAY YUSUF*
A visionary leader, a political juggernaut, and a man with the fear of God.

Thank you for your uncommon leadership, mentorship, and for being a true benefactor to many.

May God grant you long life in good health, more wisdom, divine protection and greater heights in service to humanity.

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Happy Birthday Sir. We celebrate you today and always.

LAGATA CARES!

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US Treasury chief vows to cut every ‘economic lifeline’ of Iran

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United States Treasury Secretary Scott Bessent on Monday laid out plans for the “economic asphyxiation” of Iran, expanding Washington’s secondary sanctions threats and warning of dire consequences for countries that decline to join the pressure campaign.

Bessent’s address comes almost six months into a war on Tehran that has ground to a stalemate, with stalled peace talks and Iran preventing most traffic through the crucial Strait of Hormuz.

“Around the globe, our objective is to sever every economic lifeline that sustains this tyrannical regime until Tehran stands alone,” Bessent told a press conference.

“We are going to hold everyone accountable, and this is economic asphyxiation of this regime.”

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He added that countries not joining US sanctions would “share in the isolation” of Iran, and noted that Trump is making phone calls to world leaders with requests to stop their interactions with Tehran.

The Treasury Department said Monday that it has “issued determinations against five critical sectors — digital assets, technology, gold, aviation, and shipping — that the Iranian regime uses to try to prop up its failing economy.”

Bessent, meanwhile, vowed that any entity “that facilitates money laundering on behalf of Iran will be removed from the US dollar system.”

Asked if Chinese banks dealing with Iran could be targeted, Bessent said “no one is above the reach of US sanctions.”

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The Treasury chief earlier declared that an “economic D-Day” had begun against Tehran, in a column for the Financial Times.

The United States and Israel triggered the Middle East war with a massive wave of bombing against Iran on February 28, sparking Iranian retaliation across the region.

AFP

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