Today's Headlines:Obaseki relocates deputy governor’s office outside government house, Umahi Visits Ooni Of Ife, Ondo Deputy Gov On Highway Inspection Tour.
Obaseki relocates deputy governor’s office outside government house.
Photo credit: Daillypost
The Edo State Government has relocated the office of the deputy governor to a building outside the government house.
The development followed the feud between the governor, Godwin Obaseki and his deputy, Philip Shaibu,
It was gathered that the new office is situated at no 7, Dennis Osadebey Avenue, close to the government house.The new deputy governor’s office used to be the state Public Procurement Office commissioned by a former Governor of the state, Senator Adams Oshiomhole, on December 16, 2014.
DAILY POST recalls how the simmering crisis between Obaseki and his deputy had taken a new twist recently.
DAILY POST also recalls how Shaibu staged a walkout of an event organised by the government after his aides were forced out of the hall.
The incident happened barely 24 hours after a Department of State Services (DSS) operative denied Shaibu access to Obaseki.
Photo credit: Google
Umahi Visits Ooni Of Ife, Ondo Deputy Gov On Highway Inspection Tour.
Photo credit: Channel
The Minister of Works, David Umahi, has paid a visit to the Ooni of Ife, Oba Adeyeye Enitan Ogunwusi; and the Deputy Governor of Ondo State, Mr Lucky Aiyedatiwa, as part of his inspection tour of road projects in the South West.Umahi also visited Lagos, Ogun and Oyo states earlier this week.
The Ministry of Works, in a statement on Saturday by the Director (Information), Press and Public Relations Unit, Blessing Lere-Adams, disclosed Umahi’s reason for his working visit to the South-West and other regions of the country.
He said, “I have been in Lagos and South West since Monday to evaluate the ongoing projects especially bridges that are so important to Lagos’ economy, the issue of concrete technology on our roads and review of road contracts.
SEC endorses Tinubu’s reform, says it will rejuvenate economy.
Photo credit: Nigerian
The Securities and Exchange Commission (SEC) has commended President Bola Ahmed Tinubu for embarking on reforms that it said are meant to rejuvenate the nation’s economy and improve the standard of living of Nigerians.
Director-General of the Securities and Exchange Commission, Mr. Lamido Yuguda who stated this noted that there was a remarkable 5.23 percent surge in market capitalisation at the NGX on the President’s first day in office, driven by optimistic anticipation of market reforms.
Mr. Yuguda, “It is a fact that there are prevailing challenges arising from demanding macroeconomic conditions, constrained consumer spending, and rising operational costs. Despite these challenges, there remains a shared sense of optimism that ongoing rigorous reforms will rejuvenate the nation’s economy. I therefore pledge the resolute support of the Capital Market to the Federal Government in navigating these challenges for the country’s brighter future.
He pointed out that Nigeria had outperformed global indices on gains in the All Share Index (ASI) and market capitalisation in the first half of 2023, an indication that the economy is being reflated.
The SEC Director-General attributed the exceptional performance to several factors, such as the appealing dividend yields offered by certain stocks, the recovery of corporate earnings, and a notable improvement in sentiments among domestic retail investors.
“All the indicators reflecting investors’ involvement – including volume, value, and the number of transactions – had demonstrated consistent month-on-month increases throughout the first half of 2023”. He said.
Mr. Yuguda also stated that the Investments and Securities Bill (ISB) 2023 which aims to align regulations with the modern dynamics of the market is presently being considered by the 10th National Assembly and expressed the hope that if passed into law, it will enable optimal contribution of the capital market to national development.
Ex-Naval chief greets Shettima at 57.
Photo credit: Nigerian Tribune
Former chief of Naval Staff and the Accord gubernatorial candidate in the November 11th governorship election in Kogi, Vice Admiral Usman Jibrin Oyibe (Rtd), has congratulated Vice President Kashim Shettima on his 57th birthday.
As part of his birthday message, Jibrin said he prays that Allah guides and preserves the Vice President as he discharges his duties for the development of Nigeria.
Jibrin recognises Vice President Shettima’s dedicated service to the nation, noting that it is his wish that Allah bestow His grace on the Vice President as he discharges his duties.
He prays that the birthday marks a new beginning in the life of His Excellency and for better development in Nigeria.
Theoptimus06 (
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