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Inflation dragged many people into poverty in 2024 — Gov Makinde
Governor Seyi Makinde of Oyo State has disclosed that inflation rates reduced spending power and dragged many Nigerians into poverty in 2024.
Makinde made this declaration in his New Year message aired on the Broadcasting Corporation of Oyo State (BCOS) on Wednesday.
The governor, while addressing residents of the state, disclosed that Nigeria struggled with economic challenges throughout the just-concluded year.
He maintained that inflation rates reduced the people’s spending power and dragged more people into poverty.
Makinde, while speaking further, said that his government will do more for the people of the state in 2025.
He added that his administration would embark on decisive actions that would increase residents’ spending power and ease the economic strains they are currently facing.
The governor also stated that his administration would enforce the rule of law across different sectors.
He warned that more stringent measures would be taken against traffic offences in the state.
Makinde, while speaking further, maintained that the year 2024 tested the resilience of the people of the state.
He said: “What a year 2024 was! Our resilience as a people has been tested almost to the limit. We have faced economic challenges and social tragedies that have been the direct or indirect result of these challenges.
“We were shocked by the January 16, 2024, Bodija incident. We reacted by signing Executive Order 001, 2024, on the safe handling and storage of harmful substances in Oyo State. We also took steps to give support to those who were primarily affected by this incident. We will give them even more support in 2025.
“In December 2024, disaster again struck in our dear state as we lost 35 children to a stampede at Islamic High School, Basorun. We are still mourning this great loss.
“Throughout the year, we struggled with economic challenges as a nation. Inflation rates reduced our spending power and dragged more people into poverty than we were able to help escape poverty. Our hearts are heavy. Still, we are thankful. These tragedies have forced us as a government to go back to the drawing board and take a second look at our strategies, policies, and programmes.
“For example, following the Bodija incident, we took actions that further secured the lives of our people. We are more determined to put further measures in place to ensure that incidents like these never occur again.”
News
WATCH maiden edition of Family Lawyer on Podcast
The maiden edition of Family Lawyer anchored by seasoned lawyer, Chuma Chinye hit the airwaves today.
The podcast scheduled for every Saturday morning is a delight to watch as Chinye dishes out what he is mainly known for-law.
With well over 35years experience, he has all it takes.
Watch below:
News
Gunmen Kill Man In Presence of His Pregnant Wife 2 weeks After Their Wedding
By Kayode Sanni-Arewa
A 27-year-old man identified as Wilfred Ogochukwu Ifeanyi, was k!lled by gunmen 17 days after his wedding in Ogwashi-Uku, Aniocha South Local Government Area of Delta State.
It was gathered that Ifeanyi got married on December 7, 2024.
According to a statement issued by the Iyasei (Traditional Prime Minister) of Ogwashi-Uku Kingdom, Chief Mike Nwaukoni, the young man was brutally attacked by the assailants on the evening of December 24th, 2024 when he arrived home to see his mother.
He was reportedly k!lled in the presence of his mother and pregnant wife, who was also abducted by the perpetrators.
The deceased was laid to rest on December 30.
One Onwuegbuzie Ambrose, who shared the story in a Facebook post on Friday, January 3, 2025, said his wife has been released after a few days in captivity.
“Wilfred Ogochukwu was just three years old when his father Ogochukwu Emenkei passed away twenty four years ago. His mother single handedly raised him and two other siblings,” he wrote.
“On the 7th of December 2024, he got married to his beautiful wife. Like most families, he drove down to Ogwashi-uku in Delta state to see his mom and drive her to attend the church service on 24th night 2024.
“As he was about to leave the house with his mom and wife ,he was reportedly att@cked by unknown gunmen who shot and k1lled him instantly. This was right in the presence of his mother and wife who watched as her son was k1lled. There after, the gunmen abducted his wife and drove off.
“According to the reports, his wife has been released after spending few days with the kidn@pp€rs. She’s now left dev@st@ted losing her husband in such manner.”
News
SAD! Fire Outbreak At Vegetable Market Kills 8, Injures 15
By Kayode Sanni-Arewa
No fewer than eight people have died, and 15 others have been injured following a fire outbreak at a vegetable market in Zhangjiakou City, located in northern China.
The blaze broke out on Saturday morning at around 8:40 am local time at the Liguang market in the Qiaoxi District, northwest of Beijing.
The Qiaoxi District People’s Government confirmed that those injured were promptly transported to hospitals, with their conditions not considered life-threatening. The fire was eventually brought under control by 10 am, and authorities are now investigating its cause.
This incident is part of a broader pattern of deadly fires in China, which are often linked to lax building regulations and inadequate workplace safety measures. State media reported that a fire in Chengdu, a major city in October, hospitalized 24 people suffering from breathing difficulties. Additionally, a fire at a shopping centre in Zigong in July claimed the lives of 16 people.
The ongoing investigation into the cause of the Zhangjiakou market fire aims to prevent further such incidents and address the concerns regarding fire safety standards across the country.
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