Politics
COVID-19: SANWO-OLU, FIRST BANK LAUNCH N5 BILLION SUPPORT CAPITAL FOR LOW-COST SCHOOLS
•Gov: ‘Intervention To Help Mitigate Effect Of Lockdown’
•LSETF, First Bank Float Education Loan Programme
Lagos State Government in partnership with First Bank of Nigeria Ltd has launched N5 billion Post-Coronavirus (COVID-19) Recovery Support capital for education sector to support low-cost private schools across the State in mitigating the negative impact of the pandemic.

The intervention fund, which targets over 2,000 private schools, was formally launched by Governor Babajide Sanwo-Olu on Friday at a ceremony held at the Banquet Hall in the State House, Alausa.
Lagos State Employment Trust Fund (LSETF) collaborated with First Bank of Nigeria Limited to facilitate the matching fund, which will be given as loan to schools and vocational education centres across the State.

Sanwo-Olu said the intervention was part of the State Government’s sustainable solutions to limit the socio-economic impact of the COVID-19 pandemic on both residents and businesses.
As the State gradually unlocks socio-economic activities, following the impact of the pandemic, the Governor said the loan programme would help the targeted beneficiaries accelerate recovery and give them opportunity of painless return to regular life.

He said: “It is no longer debatable that the education is one of the sectors that are severely impacted by the COVID-19 pandemic, with schools and vocational learning-centres shut since March when we took the tough decisions meant to disrupt the spread of the virus. Given the incidence of the closure of schools in response to the pandemic, it would not be out of context to note that the challenges presently faced by these schools would increase significantly.
“With access to low-cost funding for privately owned schools and vocational training centres in the state, we are confident that this programme will help accelerate sustainable and painless return to world-class learning and skills acquisition of our young population. As a responsible Government, we are obligated to provide intervention that would enable learners in these schools’ study in line with the new normal.”
Sanwo-Olu said the N5 billion Education Loan Programme was a precursor to many more human development sector-specific support programmes that would be unveiled by the LSETF on behalf of the State Government next month.
The Governor explained that the intervention was necessary, given the importance of education to building human capital. He said his administration took education as critical building 21st century economy and realising objectives set out in the T.H.E.M.E.S. agenda.
The beneficiaries, Sanwo-Olu said, will have access to single-digit loan facilities to fund the provision of the amenities and services needed to aid learning.
He said: “It is thus heart-warming to have First Bank of Nigeria electing to be our exemplary partner for this intervention. With their support, players in the education sector would be getting the financial support they need to boost learning at a single-digit interest rate.
“I also commend the Board of LSETF and the management for this significant accomplishment. They have helped the Lagos State Government build an institution that has engendered public trust and elevated the hope of small businesses and young people, irrespective of challenges faced.”
Chairperson, LSETF Board of Trustees, Mrs Bola Adesola, represented by Mrs. Tatiana Mousali-Nouri, said schools that have a minimum of 100 students and have been in operation for, at least, a year are the ones qualified for the loan facility.
She said: “We are confident that this intervention fund, which is complemented by our free professional and institutional support structures, will ensure that education ecosystem in Lagos witness an improvement in the overall learning outcomes for the children, while positively impacting on the local economy through wealth and job creation.”
First Bank’s Chief Executive Officer, Dr Adesola Adeduntan, said the Bank went into the partnership, having recognised the role played by education towards the growth of the economy.
He praised the State Government’s efforts towards suppressing the burden caused by the COVID-19 pandemic on the education, saying Lagos Government had scored another first.
Adeduntan said: “With the single-digit funding targeted at about 2,000 low-cost private schools in Lagos, we are delighted to demonstrate our commitment to the development of education in the State, thereby contributing our quota to realise the mandate of the State Government and LSETF on economic growth, opportunities for employment and bridging societal gaps in education.”
The loan scheme will be provided to two categories of applicants, which are Micro-Enterprise (ME) and Small and Medium Enterprise (SME). Those in ME category will receive a sum of not more than N500,000, while those in SME will get N5,000,000.
To apply for the loan facility, applicants are expected to submit their applications via the LSETF portal for screening. Details of the successful applicants will be passed on to First Bank for appraisal and disbursement.
Politics
Tinubu Is the ‘Surgeon’ Nigeria Needs; Opposition Lacks Courage for 2027 — Ogra
Tinubu Is the ‘Surgeon’ Nigeria Needs; Opposition Lacks Courage for 2027 — Ogra
ABUJA — Senior Special Assistant to the President, O’tega Ogra, has defended the reform agenda of President Bola Ahmed Tinubu, describing him as a “surgeon” prepared to take difficult but necessary decisions to stabilise Nigeria’s economy, while criticising opposition figures ahead of the 2027 general elections.
In a statement titled “My thoughts on the APC, President Bola Tinubu’s reforms, and the opposition,” Ogra, popularly known as ‘The Tiger,’ said many opposition leaders lack the political will required to implement tough but beneficial policies.
‘Surgeon vs Bystander’
Drawing a medical analogy, Ogra likened the President’s leadership style to that of a specialist willing to carry out life-saving surgery, while portraying critics as passive observers.
“The difference between President Bola Ahmed Tinubu and them is like comparing a surgeon willing to take a difficult but life-saving decision in the operating theatre, and a bystander more concerned with applause than outcome,” he said.
He argued that while the President is willing to endure short-term criticism in pursuit of long-term national stability, the opposition remains driven by populist considerations that could delay meaningful progress.
Structural Reforms Underway
Ogra dismissed claims that the administration’s policies are superficial, insisting they represent fundamental changes aimed at correcting longstanding economic distortions.
He cited developments in the oil and gas sector, including efforts to promote domestic refining and eliminate what he described as fraudulent subsidy regimes, as measures targeted at blocking revenue leakages. He also referenced fiscal reforms designed to boost government revenue and support infrastructure and social investments.
“These decisions are not politically convenient. They demand resolve,” Ogra said, adding that history tends to favour leaders who undertake systemic reforms rather than those who “manage decline.”
Criticism of Opposition
The presidential aide said opposition parties have “a lot to learn” from the internal workings of the ruling All Progressives Congress (APC), accusing rival groups of failing to present clear and workable policy alternatives.
According to him, criticism in a democracy must be accompanied by substance and conviction.
“Nigeria does not need rehearsed outrage. It needs tested ideas and leaders willing to stand by them when it matters most,” he added.
Outlook on Reforms
While acknowledging that the reforms may take time to fully materialise, Ogra expressed confidence that early signs across key sectors point to a more resilient economy and improved fiscal discipline.
He concluded that leadership is ultimately defined by the ability to make difficult and sometimes unpopular decisions, insisting that such choices are essential for building a strong and stable nation.
Politics
Top Reps Aspirant, Abudu-Balogun Assures Constituents of Inclusive, Progressive Representation
Top Reps Aspirant, Abudu-Balogun Assures Constituents of Inclusive, Progressive Representation
It is an incontrovertible fact that Watersiders should GET IT RIGHT this time around by overwhelmingly support this distinguished Watersider, Hon. Abudu-Balogun to emerge as the Candidate of APC for the Federal House of Representative in the 2027 elections.
Apart from being a respected politician among the creme-de-la-creme professionals in politics in Ogun State, and undoubtedly a prominent grassroots politician of Waterside extraction, Hon. Abudu-Balogun has seen it all in National politics that will be of great benefits to the Federal Constituency if eventually elected.
Hmmm! With the emergence of the distinguished Senator Solomon Adeola (Yayi) as the consensus Governorship candidate of APC in Ogun State, Waterside agitation for enduring developmental projects and its realisation like Deep Sea Port, assumption of Oil producing LGA via Eba Oil deposits, sustainable Electricity Supply would be a walk-over. This anaysis is predicated upon a scientifically established empirical evidence that Hon Abudu-Balogun is a sustainable Bridge between this Federal Constituency and the Powers that be at Federal level.
He has the competence, he posseses the Capacity, he has the cognate political experience, he has fortified the developmental blueprint, he has worked tirelessly, and earned the link to facilitate the expected developmental projects to this Federal Constituency.
Above all, Hon Abudu-Balogun has concluded political and economic arrangements to galvanise support in all respects from the main actors at the National and sub-national levels in the country for the tasks ahead.
TENI NI TENI. This is the time TIME FOR “ACTION” in the realisation of the enduring Developmental Agenda (that has been eluding us from time immemorial) for the entire Federal Constituency, particularly, our dear Ogun Waterside LGA.
Distinguished Watersiders, particularly, the comrade professional politicians and the astute Professionals in politics, please factcheck this. Hon Abudu-Balogun is a very popular and honoured politician in Ijebu-North LGA, he is cherished and respected professional in politics in Ijebu-East LGA, he is a consistently consistent rare breed politician in Waterside who has the interest of Waterside development at heart.
ACTION needs our support, he needs our endorsement at this political turning point of our dear LGA, the Wealth Side of Ogun State.
Iwe teni, iwe teni, iwe teni o.
Ajuse ri Dede Eni o.
Happy Sunday to us all.
Politics
ADC Unstoppable, Like the Sun — Aregbesola Declares at 8th National Convention
ADC Unstoppable, Like the Sun — Aregbesola Declares at 8th National Convention
ABUJA — Former Osun State Governor and chieftain of the African Democratic Congress (ADC), Rauf Aregbesola, has declared that the party remains “unstoppable,” likening its rise to the inevitability of the sun, despite what he described as attempts by the ruling establishment to weaken opposition forces.
Speaking at the ADC’s 8th National Convention, Aregbesola said the party’s existence is rooted in the will of Nigerians and protected by the constitution, insisting that no political pressure or institutional interference could halt its progress.
“Just as no power can stop the sun from rising, so can the ADC not be stopped,” he told delegates.
Blasts Political System, Accuses Ruling Forces of Undermining Democracy
The ADC leader accused the ruling All Progressives Congress (APC) and the Independent National Electoral Commission (INEC) of actions he described as anti-democratic, alleging efforts to frustrate opposition parties ahead of the 2027 elections.
He criticized what he termed the normalization of political “criminality,” arguing that recent political realignments and electoral practices undermine democratic integrity.
According to him, ADC does not owe its existence to any individual or institution but to Nigerians “tired of deceit and mismanagement.”
Harsh Assessment of Economy, Security, and Governance
Aregbesola painted a grim picture of the nation’s condition, citing economic decline, rising inflation, and worsening living standards.
He noted that the naira’s depreciation from about ₦700 to ₦1,400 per dollar reflects what he described as poor economic management, while fuel prices have surged significantly, making daily life difficult for citizens.
On security, he described the current situation as one of the worst in Nigeria’s history, raising concerns about increasing violence and what he called a lack of empathy from leadership in responding to national tragedies.
ADC Positions Itself as Nigeria’s “Rescue Mission”
The former minister said the ADC has, within months, transformed into a major opposition force, claiming it now represents the “hope of the Nigerian people.”
He outlined the party’s rapid structural expansion, ongoing membership drive, and efforts to build alliances with other opposition groups including the Peoples Democratic Party (PDP), Labour Party (LP), Social Democratic Party (SDP), and New Nigeria Peoples Party (NNPP).
Aregbesola emphasized that the party is preparing to challenge the APC in the 2027 general elections through what he described as a “united opposition front.”
Defends Party Leadership Changes, Convention Legitimacy
Providing details of internal restructuring, Aregbesola said the emergence of new leadership, including David Mark as caretaker national chairman, followed due constitutional process and was duly communicated to INEC.
He argued that the commission’s refusal to monitor the convention violates provisions of the Electoral Act, insisting that ADC fulfilled all legal requirements.
Alleges Persecution of Opposition Figures
The ADC leader further accused the government of using state institutions such as anti-corruption agencies and security services to intimidate opposition politicians.
He cited cases involving figures like Nasir El-Rufai and Aminu Tambuwal, describing the trend as a dangerous signal for democracy.
Calls for United Front Ahead of 2027
Aregbesola concluded with a rallying call for Nigerians to support the ADC’s mission to restore “freedom, security, and prosperity,” warning against political apathy.
“A democracy without opposition is an autocracy,” he said, urging citizens to reject what he termed any attempt at political “coronation.”
Closing Note
The convention, themed “So that Nigeria will work for Freedom, Security and Prosperity,” brought together party delegates and stakeholders, marking a significant step in ADC’s preparations for the 2027 elections.
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