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Abiodun Reads Riots Act to Ogun Water Corp

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The Governor of Ogun State, Prince Dapo Abiodun, has given a marching order to the General Manager of the state water corporation, Engineer Oluseye Maku, and his team, to be up and doing or face dire consequences.

 

 

The governor who expressed anger at the state of public water supply by the corporation gave the warning at the two-day Treasury Board meeting on 2021 Budget held at the Obas Complex, Oke Mosan, Abeokuta.

 

 

The Governor’s warning came when Maku appeared the Board to defend the Corporation’s Budget proposals for 2021.

 

 

Abiodun advised the leadership of the water corporation to ensure the immediately supply of pipe borne water to all the nook and cranny of the state.

 

 

A visibly angry Dapo Abiodun had interjected the GM who requested for additional four weeks to put measures in place for a good pipeline construction, saying he hoped that Maku would be the person to execute the water project and not someone else.

 

 

This apparently sent a message that sent a message to the GM and his team to sit up or face axe, as the governor further engaged the water boss on the ways and manners of raising internal revenue without unnecessarily placing the burden on consumers.

 

 

In his contribution, Special Adviser on Water, Engr Kunle Otun, informed the governor that many damaged pipes arose as a result of the rehabilitation of roads embarked upon by the Ministry of Works and Infrastructure, and that these construction works had adverse effects on water supply.

 

 

The General Manager, Ogun State Water Corporation had said the Corporation was working towards rehabilitating various water scheme and also constructing 20 water hubs to serve the people.

 

 

Abiodun there and then instructed the Commissioner for Finance, Dapo Okubadejo, who doubles as the chairman of the state Tenders Board, to always ensure that all connecting infrastructures are included in any contract that links two or more agencies.

 

 

“You are the chairman of Tenders Board, from now, you must ensure that any contract to be awarded must include the repairs of damaged infrastructure. All associated matters must be looked into and be included in any contract henceforth”, he said.

 

 

“No road contract must be awarded without consideration for public infrastructure like water pipes, electric wire and poles. Make sure every infrastructure along the right of way is factored into the contract and must be restored back to its former State or even better than how it was.

 

 

Prince Abiodun who described water as a basic necessity of life, decried the damage done to water supply in the State as a result of dislocation of water pipes during the expansion of roads in the state capital and other parts of the state, noting that, ” there should have been a provision in the contract for the restoration of the pipes by the contractor”.

 

 

“Commissioner for Finance, you are the Chairman of the State Tenders Board, I want to publicly admonish you that never again must a road contract be awarded without due consideration to any other infrastructure that the construction will affect. Those questions must be asked, which other infrastructure, be it electrical poles, power lines, water infrastructure – all that must be captured in the scope of that contract”

 

 

“You cannot on one hand be awarding contracts to improve on road infrastructure, whilst you are now damaging water infrastructure. I mean, what are the gains there? Is it more important for us to travel than to have water?” Abiodun asked rhetorically.
The Governor berated the Corporation for non-performance, said it was a critical sector whose services were very important to the well-being of the people, urging the management to brace up for the task of ensuring that the people have access to portable water supply.

 

 

On housing, Governor Abiodun while reiterating his administration commitment to building 2,500 housing units in the first two years of his administration and implementing the 10, 000 Federal government Housing Scheme, said that the sector was important for economic sustainability as it generate employment and provide accommodation for the people.

In their support submissions, the Commissioner for Housing, Hon. Akande Omoniyi, said the Ministry was currently constructing 150 housing units at Kobape, Prince Court phase 11, while 100 housing units are being constructed at Sagamu and Ijebu-Ode.

The houses under these schemes, the commissioner said would be ready in 2021

 

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Elon Musk’s Team Accuses FEMA of Misusing $59 Million to House Illegal Migrants in Luxury Hotels

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Elon Musk’s Team Accuses FEMA of Misusing $59 Million to House Illegal Migrants in Luxury Hotels

Elon Musk’s Team Accuses FEMA of Misusing $59 Million to House Illegal Migrants in Luxury Hotels

Elon Musk’s Department of Government Efficiency (DOGE) has made serious allegations against the Federal Emergency Management Agency (FEMA), claiming that the agency misused $59 million to accommodate illegal migrants in luxurious hotels.

 

The billionaire entrepreneur revealed this in a tweet on Monday morning, stating that the discovery was made last week. According to Musk, the funds were intended for American disaster relief but were instead diverted in violation of national regulations.

 

He wrote: “The @DOGE team just discovered that FEMA sent $59M LAST WEEK to luxury hotels in New York City to house illegal migrants. Sending this money violated the law and is in gross insubordination to the President’s executive order. That money is meant for American disaster relief and instead is being spent on high-end hotels for illegals! A clawback demand will be made today to recoup those funds.”

 

The revelation has sparked controversy, with critics arguing that FEMA’s allocation of funds should prioritize American citizens affected by disasters. The allegations have also intensified scrutiny on FEMA, which has faced previous accusations of financial mismanagement.

 

An inspector general audit recently revealed that FEMA mishandled nearly $10 billion in COVID-19 relief funds. The audit stated that $8.1 billion in costs remained questionable, while $1.5 billion was allocated prematurely and could have been better utilized for other emergencies.

 

As scrutiny mounts, former President Donald Trump has reportedly considered abolishing FEMA, describing the agency as “a disaster.” To address these concerns, Trump has established a council, led by Homeland Security Secretary Kristi Noem and Defense Secretary Pete Hegseth, to review FEMA’s operations and propose necessary reforms by late June.

 

The allegations against FEMA have triggered a broader debate on the proper allocation of taxpayer funds and the government’s role in disaster management. More updates are expected as the situation develops.

 

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Shepherd freight Cargo services Now in Lagos and Ibadan  Nigeria

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Shepherd freight Cargo services Now in Lagos and Ibadan  Nigeria.

Famous Worldwide freight and Cargo Service Provider Shepherd freight & Cargo service has added another feather to its reliable and Trusted cargo service around the world with a new office in Lagos and Ibadan.
Known for its effective Trusted, Reliable, Safe and Fast efficient services in Cargo world, the Company is now in Lagos at No 28 Eniola street Beechan by Local Airport in Ikeja Lagos, while it’s Ibadan office is located at Transformations store Adjacent Elebu Junction Akala expressway Ibadan the Oyo state Capital.
Under the Leadership of a successful Nigerian entrepreneur based in the United Kingdom Mr Kolawole Kehinde somosu explained that Shepherd freight Cargo Service will be unique in its services in Nigeria, why because the company is determined to brings new I novation into the cargo and freight forward services in Nigeria and totally Modernized Narrative in the Business, We want to bring in New strategy whereby you monitor all your goods in our Possession from the Point of Pick up and delivery with a Guarantee of safe delivery says the chairman CEO of Shepherd Freight and Cargo service Mr Kolawole Kehinde somosu.
Shepherd Freight and Cargo services will be providing 7 days a week dependable services with Free delivery in the following Areas, Peckham, New Cross, Deptford, Surreys, Quays, Brixton, Elephant and Castle, Oval Stockwell all in the UK.
The management of Shepherd Freight and Cargo services also re affirmed that any customers that introduce a friend will get 10% Discount in his or her next Shipment.
While highlighting other Benefits to be enjoyed by Shepherds Freight and Cargo services customers, the management also remarked that, there will be specific discounts every Friday (TGIF) saying as a Customer you can make payments either with Naira or Pounds sterling depending on your wishes, our charges are reasonable and affordable.
To send your Goods from Ibadan or Lagos to London you can contact Lagos office or call Mr Sani on 08022794066
09150721011
Or Asiwaju on
08033153061
Ibadan Office called Mr Alabama
07043675932
07051233520
London Office called Mr Shepherd
07944761788
0794906564
The London Office is located at safe stores selfstorages (Unit1031)737 Old Kent road London SE 15IJL
Our email is
Shepherd freight Cargo services Now in Lagos and Ibadan  Nigeria
Don’t be left out of our yearly Promos,Shepherd Freight and Cargo Service 2025 New Year Promo is currently running from January 12 – February 17 2025

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Access Holdings: Imprints of a Thriving Banking Powerhouse

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Access Holdings: Imprints of a Thriving Banking Powerhouse, By Bolaji Israel

Access Holdings has continued to evolve and reinforce its corporate stature as a formidable force in Nigeria’s financial sector, demonstrating capacity for relentless growth, resilience and ambition through strategic expansion and innovative approaches. The entity owes its significant bulk to the Access Bank Group, supported by other allied services firms.

Also known as Access Corporation, the group has grown over the last 35 years to emerge as Nigeria’s largest financial holding company, offering services such as commercial banking, lending, payment, insurance, and asset management.

Though Access started off as a corporate bank, it swiftly expanded into personal and business banking in 2012, solidifying its role as a well rounded financial solutions provider.

In his memoir, ‘Leaving the Tarmac: Buying a Bank in Africa, ‘ Aigboje Aig-Imoukhuede detailed how himself and his partner, Herbert Wigwe walked the delicate path of buying Access Bank and never looked back since.

The bank’s acquisition in March 2022 by the maverick duo of Aig-Imoukhuede and Wigwe, which changed its entire growth, profit and branding trajectory as well as its merger with Diamond Bank in 2019 which shot up its customer base to over 42 million, granting it a status of the largest bank in Africa by customer base and the largest in Nigeria by assets, form a part of its remarkable and turnaround milestone.

With a keen focus on digitisation-driven growth and customer satisfaction, it has not only solidified its status in Nigeria but has also set its sights on becoming a formidable player in the international banking arena.

The group’s growth and expansion drive has been marked by a series of strategic acquisitions and mergers aimed at enhancing its market presence and delivering value to customers. In 2021, Access Bank acquired African Banking Corporation (ABC Holdings), a move that significantly bolstered its operations in Southern Africa. This acquisition allowed Access Bank to enter markets such as Botswana, Mozambique, and Zambia, thereby enhancing its regional footprint and customer base.

In addition to its African ventures, Access Holding has been eyeing opportunities in Europe and Asia. Recent announcements highlight the bank’s interest in potential partnerships and acquisitions that could facilitate its entry into these lucrative markets. The bank’s management has stated, “We are committed to diversifying our operations and exploring new markets that align with our growth strategy.”

The results of the expansion efforts have been promising. For the year ending 2023, Access Holding reported a staggering 300 percent growth in profit after tax to N612.4 billion, from N204.1 billion in 2022. This represents the largest profit ever recorded by the company, under the leadership of its late co-founder, Herbert Wigwe.

It revenue soared by 80% to N2.6 trillion, from N1.4 trillion in 2022 while assets rose by 78% to N26.7 trillion, from N14.99 trillion in 2022, marking a significant growth trajectory that positions Access Holding as one of Nigeria’s largest and most influential banks.

Leading Force in Financial Sector

Access Holding’s influence in the financial sector extends beyond its impressive growth metrics. The bank has taken on a leading role in advocating for financial inclusion and economic empowerment across Nigeria and Africa. Through various initiatives, Access Holdings is committed to providing access to banking services for underserved populations, thereby contributing to the broader goal of economic development.

The bank’s emphasis on technology and innovation has positioned it as a leader in the digital banking space, setting benchmarks for other financial institutions to follow. By continuously enhancing its service offerings and embracing new technologies, Access Holding is shaping the future of banking in Nigeria and beyond.

Innovations and Technological Advancements

Access has prioritized innovation as a cornerstone of its growth strategy. Over the past two years, the bank has invested heavily in upgrading its technology infrastructure to provide customers with seamless and efficient banking experiences. The launch of a robust digital banking platform is a clear testament to this commitment. The improved platform allows customers to perform a wide range of transactions, from fund transfers to bill payments, all from the convenience of their mobile devices.

The bank’s mobile banking app has also seen significant upgrades, incorporating features such as biometric authentication, personalized financial insights, and enhanced security protocols. These innovations have resulted in a marked increase in user engagement, with over 10 million active users reported in 2024.

Moreover, Access has revitalized its Point of Sale (POS) services to cater to the growing demand for cashless transactions. The bank has deployed thousands of POS terminals across Nigeria, facilitating secure and efficient payment solutions for businesses and consumers alike.

Leadership and Succession

The unfortunate demise of Dr Herbert Wigwe, CFR, the Company’s founding Group Chief Executive Officer and former Group Managing Director of its flagship subsidiary, Access Bank Plc on Friday, February 9, 2024, in a helicopter accident in the United States of America, would have constituted a permanent clog for any company without a formidable structure.

Access Holdings has however been able to rise above the dark moment and steadied the ship with the return of Aigboje Aig-Imoukhuede as Chairman and emergence of Bolaji Agbede as GCEO. The swift realignment is a clear testament to the group’s ability to deftly manage succession.

Growth Outlook and Ambition

Access growth results and targets highlight its ambitious nature. The banking group aims to achieve a market capitalization of ₦10 trillion by 2025, with plans to expand its customer base to over 50 million across its operational territories. This ambition is supported by strategic partnerships and potential mergers, not only within Nigeria but globally.

Analysts have noted that Access Holdings is well-positioned to capitalise on the growing demand for financial services across Africa and beyond. With a solid foundation and an eye on expansion, the bank is poised to become a leading financial institution on the global stage.

The landscape of mergers and acquisitions in the banking sector has been vibrant, and Access Holdings is keen on exploring potential opportunities. In Nigeria, the banking industry has witnessed a wave of consolidation, with several banks seeking to enhance their market positions through strategic mergers. Access has expressed interest in potential acquisitions that align with its growth strategy, particularly in the areas of technology and customer service.

Globally, the banking group is also exploring partnerships that can facilitate its entry into new markets. The management has indicated that Access Holding is open to collaborating with fintech companies and other financial institutions that can complement its service offerings and enhance customer value.

Awards and Commendations

Access Corp’s commitment to excellence and innovation has earned it numerous accolades over the past year. The bank was recognized as the “Best Bank in Nigeria” at the Global Finance Awards, a prestigious honour that underscores its leadership position in the industry. Additionally, the bank received the “Most Innovative Bank” award at the African Banking Awards, highlighting its commitment to embracing technology and improving customer experiences.

These awards reflect a solid dedication to maintaining high standards of service and its ability to adapt to the rapidly changing financial landscape.

Access Holdings trajeectory stands as a testament to what can be achieved through strategic expansion, innovation, and effective leadership. With its aggressive growth strategy, commitment to technological advancement, and dedication to customer satisfaction, it is firmly establishing itself as a thriving banking conglomerate.

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