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Renewed Hope, May Be Hard, But Will Benefit Nigerians Soon – Tinubu

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By Kayode Sanni-Arewa

President Bola Tinubu has reassured Nigerians that his “Renewed Hope” agenda, despite its challenges, will soon yield significant benefits for all citizens.

Speaking at the funeral service of the late Chief Michael Adeniyi Koleosho, former Secretary to the Oyo State Government, held on Saturday at Ajegunle Baptist Church in Saki, Oyo State, the President emphasised the importance of infrastructure development in achieving national unity and progress.

Represented by the Executive Chairman of the Federal Inland Revenue, Zaccheus Adedeji, President Tinubu articulated his vision for connecting the country through vital infrastructure projects.

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He highlighted the Lagos to Calabar coastal highway as a flagship initiative that will not only facilitate transportation but also stimulate economic growth across regions.

“This project is just the beginning; we are committed to laying down a framework that connects every part of Nigeria.”

“Our goal is to ensure that no region is left behind as we work towards a more integrated and prosperous nation.”

“My aim is to connect the country through infrastructure, which will ultimately yield profits for the benefit of all Nigerians. This vision may take time and effort, but I assure you that the fruits of our labour will soon be evident in every part of Nigeria.”

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Reflecting on the legacy of the late Chief Koleosho, President Tinubu expressed high regard for the former Secretary to the Oyo State Government and acknowledged the profound impact he had on his own decision-making regarding infrastructure development.

Chief Koleosho was a man of humility and an advocate of hard work, who will be greatly missed. His insights and dedication to public service have greatly influenced my approach to governance.”

“I hold Chief Koleosho in high esteem. He was a man of vision whose contributions to our nation will never be forgotten. His humility and dedication to hard work are qualities we must aspire to emulate.”

“As we reflect on his life, let us be inspired to pursue excellence and service to our communities.”

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He pledged to honour his memory through meaningful initiatives, saying, “We will ensure that his legacy lives on in our commitment to building a better Nigeria.”

“We will ensure that his spirit of service and commitment to the community continues to inspire future generations. It is our duty to carry forward the ideals he stood for,” Tinubu remarked.

On his part, Governor Seyi Makinde of Oyo State also delivered a heartfelt tribute, calling upon political leaders and their supporters to adopt a politics of development similar to that practiced by Chief Koleosho.

We must imbibe the politics of development practiced by elder statesman, late Chief Michael Adeniyi Koleosho.”

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“His commitment to the welfare of our people should inspire us all,” he urged.

Makinde highlighted the importance of cooperation among political factions, stating, “In unity, we can achieve more for our people and ensure that the dreams of leaders like Chief Koleosho are realised.”

The governor recounted the numerous contributions of Chief Koleosho to the growth and development of Saki and the broader Oyo State.

He announced his intention to sign a bill next week that will rename Oke-Ogun Polytechnic in honour of the late leader, a gesture, which he said, that reflected the esteem in which he was held.

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“Renaming this institution is not just an honour; it is a commitment to continue his legacy of education and empowerment,” he asserted.

Additionally, he revealed plans to rename a township road after Chief Koleosho, further solidifying his legacy in the community.

To honour the late elder statesman, Governor Makinde outlined several initiatives aimed at improving local infrastructure, including the rehabilitation of the Saki-Ogboro-Igboho road and the refurbishment of technical colleges in both Ibadan and Saki.

He also pledged to appoint permanent secretaries from the Oke-Ogun zone, ensuring representation and development in the region.

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“These actions are not merely symbolic; they are steps toward a brighter future for our communities,” he added.

In a sermon titled “The Joy of Death,” Reverend Israel Akanji, President of the Nigerian Baptist Convention, encouraged attendees to prioritise their spiritual and heavenly aspirations.

Let us remember that our time on this earth is fleeting, and we must seek to leave a lasting legacy of love and service,” Akanji urged.

He emphasised the importance of community and personal growth, saying, “We must find deeper meaning in the legacy of Chief Koleosho and strive for a life that uplifts others.”

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“In times of loss, we must remember that life is not just about the physical. True fulfilment comes from serving others and leaving a positive legacy.”

He stressed the importance of leaving a positive legacy, reminding the congregation that true fulfilment comes from serving others.

“Let us not mourn merely the passing of a great man, but celebrate his life by committing ourselves to the values he cherished. Together, we can build a community that honours his memory through our actions and dedication.”

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Lagos Youths Condemn Attacks on Seyi Tinubu By Faceless Groups

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By Gloria Ikibah
A group under the auspices of Coalition of Lagos Indigenous Youth (CLYI), has disassociated itself from recent media publications aimed at discrediting Mr. Seyi Tinubu, the son of President Bola Tinubu.
Coordinator of the group, Hon. Tunde Azeez in a strongly-worded statement issued on Tuesday, described the allegations as baseless and perpetrated by faceless individuals seeking to tarnish Mr. Tinubu’s reputation.
The coalition clarified that the controversial post circulating on social media, purportedly made by its members, is fraudulent.
“We wish to categorically state that the earlier post did not originate from the members or executives of the Coalition of Lagos Indigenous Youth,” Azeez asserted.
Describing Mr. Tinubu as a “proud and industrious son of Lagos,” the coalition pledged unwavering support for him, and noted his significant contributions to youth empowerment and development in Lagos.
The group further expressed its readiness to support Mr. Tinubu should he decide to declare interest in the governorship of Lagos State, although they clarified that he has not engaged in political discussions with any group or individual regarding such aspirations.
“Seyi Tinubu is one of us, Lagos is home and will remain home for him, not just as an indigene but also as a critical player dedicated to helping young people.” ,” the statement emphasized.
The group further directed a stern warning to the faceless individuals behind the defamatory campaign, particularly one Ibrahim Whyte, whom they accused of impersonating the coalition.
“We strongly caution Ibrahim Whyte and his cohorts to desist from blackmailing Mr. Seyi Tinubu while falsely impersonating our group,” it added.
The coalition vowed to explore legal options to protect its integrity and that of Mr. Tinubu, should the defamation persist.
CYLI, concluded by urging Lagosians to disregard the misleading narratives and focus on fostering unity and development in the state.
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House Approves President Tinubu’s N1.767trn Loan Request

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By Gloria Ikibah
The House of Representatives has granted approval for the implementation of the new external borrowing of N1,767, 610, 321, 779.00 (USD 2.209B).
The approval was sequel to the adoption of the recommendations of the House Committee on Aids, Loans and Debt Management Chaired by Rep. Abubakar Nalaraba, and presented at the Committee of the Whole on Thursday.
Presenting the report, the Committee Chairman, Rep. Nalaraba said the committee met and made the following recommendations, which he entreated the House to approve.
He said: “Approve the implementation of the New External Borrowing of one trillion, seven hundred and sixty seven billion, six hundred and ten million, three hundred twenty-one thousand, seven hundred and seventy-nine Naira (₦1,767, 610,321,779.00) (equivalent of USD2, 209, 512, 902. 22b) at the Budget
Exchange rate of USD1.00/800 in the 2024 Appropriation Act and that the amount should be raised from one or more sources. Namely; issuance of Eurobonds in the ICM, Issuance of debut sovereign Sukuk in the ICM, Bridge/syndicated loans, subject to market conditions;
“That based on availability and cost, to issue Eurobonds in the sum of USD1.70 billion or more, but not more than USD2,209,512,902,.22b, approved as New External Borrowing in the 2024 Act;
“Given the significant increase in the official exchange rate from USD1.00/₦800 to approximately ₦1,640, it is recommended that the exchange rate excess resulting from this adjustment be exclusively utilised for implementation of capital projects in 2024, to ensure that additional funds are
directed to impactful infrastructure & developmental projects that will contribute to the Nation’s long term growth and stability;
“Approve the Promissory Note Programme and Bond Issuance to settle outstanding claims and liabilities of the federal government. This approval prioritizes the issuance of Promissory Notes to address outstanding reimbursement debts owed to States, high-priority judgment debts, and other liabilities incurred by Federal Ministries, Departments, and Agencies. This measure is critical to preventing additional interest costs, mitigating further increases in the Federal Government’s debt profile, and reducing the debt-to-GDP ratio;
“That the Hon. Minister of Finance and Coordinating Minister of the Economy, working with the Debt Management Office are authorised to take all necessary actions required to give effect to this.”
The lawmakers unanimously adopted and passed the recommendations.
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Reps Direct IGP, DG DSS To Deploy Personnel To Etsako LGA Over Worsening Insecurity

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By Gloria Ikibah
The House of Representatives has directed the Inspector General of Police, Kayode Egbetokun, Chief of Defence Staff, General Christopher Musa and Director General, Department of State Services, Oluwatosin Ajayi to urgently deploy personnel to tackle the worsening insecurity in Itsukwi, Imiakebu, Imiegba and Okpekpe communities in Etsako East Local Government Area of Edo State.
The resolution was sequel to the adoption of a motion of urgent public importance on the “Urgent need to deploy security agents to Itsukwi, Imiegba, Okpekpe and Imiakebu communities to halt herdsmen’s onslaught against innocent citizens,” by Rep. Billy Osawaru, member representing Orhionmwon/Uhunmwode Federal Constituency, Edo State on Thursday at plenary.
Rep. Osawaru, drew the attention of the House to the provision of Section 14 (b) of the 1999 Constitution (As amended) on the need for government to provide security and welfare for the people.
He stated that Section 17 (b) of the Constitution provides that the sanctity of the human person shall be recognised and human dignity shall be maintained and enhanced; governmental actions shall be humane.
According to him,  Chapter 4 of the nation’s Constitution in Section 33 (1) provides that “Every person has a right to life, and no one shall be deprived intentionally of his life, save in execution of the sentence of a court in respect of a criminal offence of which he has been found guilty in Nigeria.”
He said: “The House is aware that on Monday, October 28, 2024, herdsmen invaded Ugbereke, a popular farmland known for its fertility and destroyed completely the yam plantation of a youth leader in Itsukwi community (Ward 9, Etsako East Local Government Area, Edo State), Mr Samuel Igbeneghu.
“The House is also worried that on Tuesday, November 5, 2024, three farmers by the names Umuagene Obey, Emuesugheli Obi and Ogbitabu Imoudumhe (all from Okpekpe community in Ward 10, Etsako East Local Government Area of Edo State were ambushed on the way to their farms and brutally murdered by suspected herdsmen.
“Same day, the killers made their way to Ugbereke, and killed one Undyar Aondongu (male) while  five women were beaten and left to flee with various degrees of injuries.”
The lawmaker stated that as a result of these violent campaigns, farmers in these communities no longer visit their farms for fear of being attacked or killed.
He therefore warned that if the Federal Government fails to take urgent steps to address the crisis, acute hunger owing to food scarcity would be the natural consequence, not just for the people of the area but the entire Etsako East Local Government Area and by extension, Edo State as a whole.
Then the presided officer, Speaker Tajudeen Abbas put itcto a vote, the House unanimously adopted the motion, observed a minute silence in honour of the dead and directed the immediate deployment of security agents to the four communities.
The House also mandated the Inspector General of Police and other relevant security agencies to investigate this tragic incident and fish out the perpetrators for prosecution, while also tasking them to Immediately step up the security surveillance to contain the escalation of insecurity within Itsukwi, Imiakebu, Imiegba and Okpekpe communities and beyond.
The legislative body also urged the Inspector General of Police, Chief of Defence Staff, DG, DSS, General Officer Commanding 2 Division of the Nigerian Army and the Commander, 4th Mechanised Brigade in Edpo State to deploy their personnel to Itsukwi, Imiakebu, Imeigba and Okpekpe communities to safeguard the lives and properties of the people.
The motion was subsequently referred to the House Committee on Army, Police, National Intelligence and Legislative Compliance with a timeframe of four weeks to report back for further action.
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