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Delta Assembly grants Okowa’s request for N4bn credit facility

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Court orders ex-Gov Okowa to account for over N200bn educational funds, allocations

Delta Assembly grants Okowa’s request for N4bn credit facility

Okowa

The Delta House of Assembly has granted Gov. Ifeanyi Okowa’s request for N4 billion bank facility to fund the proposed National Social Housing Programme in the state.

This followed the adoption of a motion by the Majority leader, Chief Ferguson Onwo and seconded by the Deputy Speaker, Mr Christopher Ochor at Tuesday’s plenary in Asaba.

 

 

 

The house also granted another request for a N1.2 billion loan from Globus Bank Limited to provide counterpart funding for 2022 Universal Basic Education Programme (UBEC) projects in the state.

This also followed the adoption of a motion by the Majority Leader and seconded by Mr Emeke Nwaobi (PDP-Aniocha North).

 

 

The governor had transmitted a letter to the House seeking approval for the N4 billion loan.

Okowa said that the loan which would be taken from Globus Bank Limited or any other financial institution, would be used for the construction of affordable homes across four locations in the state.

 

 

He said that the approval being sought was in fulfilment of one of the conditions for family homes funds limited to proceed with the construction of 779 affordable homes in the state.

Okowa said that the homes would be located in Kwale in Ndokwa East, Ekpan in Uvwie, Ibusa in Oshimili North and Owa-Ekei in Ika North East local government areas of the state by Family Homes Fund Limited (FHFL) under the proposed national social housing programme.

 

 

The governor said that the initiative was geared toward addressing the housing deficit as well as meeting the welfare needs of the people of the state.

Okowa said that the State Executive Council at its 10th meeting of Sept.15 considered and approved the N4 billion loan from Globus Bank Limited.

 

 

“This letter is to seek the authorization of the Honourable House for Delta government to accept the loan facility from Globus Bank Limited or any other financial institution and issue an appropriate Irrevocable Standing Payment

Order (ISPO) in favour of the accepting Bank to defray the loan,” he said.

 

 

Okowa also transmitted another letter seeking permission to take a N1.2 billion loan for counterpart funding of UBEC projects in the state.

”Considering the state’s limited cash-flow at the moment, vis-a-vis the current Monetary Policy Rates released by the Central Bank of Nigeria (CBN), it became necessary to seek a financial option that will ensure the state benefits from the UBEC grant by meeting its obligations at favourable terms and conditions.

 

 

 

”Incidentally, Globus Bank Limited has indicated interest in providing the state with the required fund, having submitted an offer letter reflecting terms considered favourable to the state, in light of the current economic realities.

”The loan would be paid back in 12 months.

 

 

”Sequel to the foregoing, the State Executive Council at its 10th meeting held on Sept. 15, 2022 considered and approved that the State government obtains N1.2 billion loan facility from Globus Bank Limited as counterpart fund matching grant for 2022 UBEC projects in the state,” he said.

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AMBO and the Osun Governorship Race: Assessing the Man, the Politics and the Vision

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of Asiwaju Munirudeen Bola Oyebamiji,

AMBO and the Osun Governorship Race: Assessing the Man, the Politics and the Vision

 

As political activities gather momentum ahead of the 2026 Osun State governorship election, a public affairs commentator, Oluseyi Olonade, has described the emergence of Asiwaju Munirudeen Bola Oyebamiji, popularly known as AMBO, as a significant development in the state’s political landscape.

In an article titled “Oyebamiji: The Man, The Politics and The Aspiration,” Olonade argued that the All Progressives Congress governorship hopeful possesses the character, experience and vision needed to reposition Osun State for sustainable growth.

According to the writer, Oyebamiji’s appeal stems from his extensive background in the banking sector, where he spent nearly three decades working with institutions including Wema Bank, Trans International Bank, Spring Bank and Enterprise Bank.

A native of Ikire in Irewole Local Government Area, Oyebamiji was described as a technocrat whose experience in corporate governance, finance and risk management has shaped his approach to public administration.

The article noted that his public service journey gained prominence in 2012 when he was appointed to oversee the then Osun State Investment Company Limited. Under his leadership, the organisation was reportedly restructured and transformed into Omoluabi Holdings Limited.

The writer further highlighted Oyebamiji’s tenure as Commissioner for Finance under successive APC administrations, where he was credited with managing the state’s finances during challenging economic periods.

Olonade also referenced Oyebamiji’s appointment as Managing Director of the National Inland Waterways Authority, describing it as further evidence of his administrative and leadership capabilities.

The article contrasted Oyebamiji’s governance philosophy with that of the current administration in Osun State, arguing that the APC aspirant favours institutional reforms, economic diversification and fiscal discipline.

of Asiwaju Munirudeen Bola Oyebamiji,

According to the writer, Oyebamiji’s proposed agenda includes strengthening transparency in government spending, expanding internally generated revenue, attracting private-sector investments and promoting industrial and agricultural development.

The article also highlighted youth empowerment, entrepreneurship development and digital skills acquisition as key components of his vision for the state.

Olonade concluded that the forthcoming governorship election would present voters with a choice between different approaches to governance, expressing confidence that Oyebamiji’s experience and developmental agenda make him a strong contender in the race.

 

 

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Oselu Tiwa nTiwa Endorses Oriyomi Hamzat for Oyo Governorship

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*Oselu Tiwa nTiwa Endorses Oriyomi Hamzat for Oyo Governorship* A sociopolitical support group in Oyo State, Oselu Tiwa nTiwa, has declared its support for Alhaji Oriyomi Hamzat as the authentic governorship candidate of the Accord Party ahead of the forthcoming governorship election in the state. The group made its position known in a statement jointly signed by its President, Mr. Adewale Oluwaseyi and Secretary, Alh. Adebayo Oyewole, on Thursday, describing Hamzat as a grassroots figure with strong connection to the people and a track record of humanitarian interventions across Oyo State. According to the group, the endorsement followed what it described as careful observation of Hamzat’s leadership qualities, compassion and dedication to the welfare of ordinary citizens. “Oriyomi Hamzat has consistently demonstrated empathy, courage and selfless commitment to humanity. Through his numerous interventions in the lives of ordinary citizens, he has become a symbol of hope to many families and communities,” the statement read. Oselu Tiwa nTiwa also appealed to the national leadership of the Accord Party to prioritise the long-term future and electoral growth of the party in its decision-making process. The group noted that Hamzat’s candidacy presents an opportunity for the party to strengthen its grassroots support base and expand its political relevance across Oyo State. “We respectfully appeal to the National Leadership of the Accord Party to look beyond immediate political calculations and consider the bigger picture, the future growth, stability and electoral success of the party in Oyo State and beyond,” the statement added. The group further expressed confidence in the leadership of the party, saying it believes the party’s national officers and stakeholders would take decisions that reflect fairness, inclusiveness and the collective interest of members. While calling on party loyalists to remain calm and united, Oselu Tiwa nTiwa said continued consultations among stakeholders would help strengthen the Accord Party ahead of the election. Signed: Alh. Adebayo Oyewole, Secretary.

*Oselu Tiwa nTiwa Endorses Oriyomi Hamzat for Oyo Governorship*

 

A sociopolitical support group in Oyo State, Oselu Tiwa nTiwa, has declared its support for Alhaji Oriyomi Hamzat as the authentic governorship candidate of the Accord Party ahead of the forthcoming governorship election in the state.

 

The group made its position known in a statement jointly signed by its President, Mr. Adewale Oluwaseyi and Secretary, Alh. Adebayo Oyewole, on Thursday, describing Hamzat as a grassroots figure with strong connection to the people and a track record of humanitarian interventions across Oyo State.

*Oselu Tiwa nTiwa Endorses Oriyomi Hamzat for Oyo Governorship* A sociopolitical support group in Oyo State, Oselu Tiwa nTiwa, has declared its support for Alhaji Oriyomi Hamzat as the authentic governorship candidate of the Accord Party ahead of the forthcoming governorship election in the state. The group made its position known in a statement jointly signed by its President, Mr. Adewale Oluwaseyi and Secretary, Alh. Adebayo Oyewole, on Thursday, describing Hamzat as a grassroots figure with strong connection to the people and a track record of humanitarian interventions across Oyo State. According to the group, the endorsement followed what it described as careful observation of Hamzat’s leadership qualities, compassion and dedication to the welfare of ordinary citizens. “Oriyomi Hamzat has consistently demonstrated empathy, courage and selfless commitment to humanity. Through his numerous interventions in the lives of ordinary citizens, he has become a symbol of hope to many families and communities,” the statement read. Oselu Tiwa nTiwa also appealed to the national leadership of the Accord Party to prioritise the long-term future and electoral growth of the party in its decision-making process. The group noted that Hamzat’s candidacy presents an opportunity for the party to strengthen its grassroots support base and expand its political relevance across Oyo State. “We respectfully appeal to the National Leadership of the Accord Party to look beyond immediate political calculations and consider the bigger picture, the future growth, stability and electoral success of the party in Oyo State and beyond,” the statement added. The group further expressed confidence in the leadership of the party, saying it believes the party’s national officers and stakeholders would take decisions that reflect fairness, inclusiveness and the collective interest of members. While calling on party loyalists to remain calm and united, Oselu Tiwa nTiwa said continued consultations among stakeholders would help strengthen the Accord Party ahead of the election. Signed: Alh. Adebayo Oyewole, Secretary.

According to the group, the endorsement followed what it described as careful observation of Hamzat’s leadership qualities, compassion and dedication to the welfare of ordinary citizens.

 

“Oriyomi Hamzat has consistently demonstrated empathy, courage and selfless commitment to humanity. Through his numerous interventions in the lives of ordinary citizens, he has become a symbol of hope to many families and communities,” the statement read.

 

Oselu Tiwa nTiwa also appealed to the national leadership of the Accord Party to prioritise the long-term future and electoral growth of the party in its decision-making process.

 

The group noted that Hamzat’s candidacy presents an opportunity for the party to strengthen its grassroots support base and expand its political relevance across Oyo State.

 

“We respectfully appeal to the National Leadership of the Accord Party to look beyond immediate political calculations and consider the bigger picture, the future growth, stability and electoral success of the party in Oyo State and beyond,” the statement added.

 

The group further expressed confidence in the leadership of the party, saying it believes the party’s national officers and stakeholders would take decisions that reflect fairness, inclusiveness and the collective interest of members.

 

While calling on party loyalists to remain calm and united, Oselu Tiwa nTiwa said continued consultations among stakeholders would help strengthen the Accord Party ahead of the election.

 

Signed:

 

Alh. Adebayo Oyewole,

Secretary.

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Atiku Set To Clinch ADC Presidential Ticket, Leads Amaechi, Hayatu-Deen In 34 States

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Atiku Set To Clinch ADC Presidential Ticket, Leads Amaechi, Hayatu-Deen In 34 States

Atiku Set To Clinch ADC Presidential Ticket, Leads Amaechi, Hayatu-Deen In 34 States

 

 

Former Vice President of Nigeria and frontline presidential aspirant of the African Democratic Congress (ADC), Atiku Abubakar, is projected to emerge winner of the party’s presidential primaries, according to impeccable sources in Abuja.

The primaries, conducted across over 8,000 wards in the 36 states of the federation and the Federal Capital Territory, reportedly placed Atiku far ahead of his closest rivals — former Rivers State Governor, Rotimi Amaechi, and former Chairman of the Nigerian Economic Summit Group, Mohammed Hayatu-Deen.

Atiku Set To Clinch ADC Presidential Ticket, Leads Amaechi, Hayatu-Deen In 34 States

Highly placed party insiders disclosed that Atiku is currently leading in 34 states, including the FCT, after securing dominance across the 19 Northern states, the five South-East states, and the six South-West states, while also maintaining a strong showing in at least three states in the South-South geopolitical zone.

The sources added that the outcome reflects what they described as “an overwhelming nationwide acceptance” of the former vice president within the opposition party ahead of the 2027 general election.

Meanwhile, the ADC leadership has invited members of the press to the official announcement of the final collated results scheduled for 11:00 a.m. on Tuesday, May 26, 2026, in Abuja.

The declaration of results is expected to be broadcast live on ARISE Television and two other major television stations, while also being livestreamed on the party’s official social media platforms on X and Facebook.

Speaking ahead of the announcement, the founding National Chairman of the ADC, Chief Ralph Nwosu, said the decision to televise the exercise live was aimed at promoting transparency and democratic accountability.

“We want millions of Nigerians at home and in the Diaspora to witness democracy in action,” Nwosu said.

He further revealed that the party leadership would encourage all three presidential aspirants to publicly embrace a peace accord and commit themselves to working together in unity for the party’s success.

According to him, the move is necessary to strengthen internal cohesion and position the ADC for victory in the presidential election scheduled for January 16, 2027.

Details later.

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