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Lagos, Ogun Nigeria’s most economically viable states-Report

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Lagos, Ogun Nigeria's most economically viable states-Report

Lagos, Ogun Nigeria’s most economically viable states-Report

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sahara Weekly Reports That Apart from Lagos, Nigeria’s economic capital, Ogun State is Nigeria’s most economically viable state, a report by Economic Confidential, a subsidiary of PR Nigeria, has shown.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lagos, Ogun Nigeria's most economically viable states-Report

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pointing to Ogun State’s status as Nigeria’s topmost investment destination after Lagos, the report showed that the Dapo Abiodun-led Ogun State outperformed Rivers State, which joined Lagos and Ogun on the list of economically viable states for the year 2022, along with Kaduna, Kwara, Oyo and Edo states.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The report compiled from figures released by the Nigerian Bureau of Statistics (NBS) and the Federal Account Allocation Committee (FAAC) showed that while Lagos received the sum of N370, 921, 413, 425.62 from the Federation Account and generated N651,145, 633.085 as internally generated revenue, Ogun, on the other hand, received N113,404, 027,439.22 from the Federation Account and generated N120,548, 157,140.78 internally.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

On the other hand, Rivers State received N363.4bn from the Federation Account and generated N172bn; Kaduna received N155bn and generated N58bn; Kwara received N99bn and generated N35.7bn; Oyo received N181bn and generated N62bn, while Edo received N147bn in federal allocation and generated N47.4bn.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The results were made known during the presentation of the 2022 Annual States Viability Index Report in Abuja on Monday, showing that the total Internally Generated Revenue of N1.5trn from the seven most viable states in 2022, was almost twice the total IGR of 29 states together that merely generated about N650bn.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six states, however, including Bayelsa, Akwa Ibom, and Katsina states, failed to generate up to 10% of the total allocations received from the Federal Government for 2022 and were declared insolvent states.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The six states that may not survive without the Federation Account due to their extremely poor internal revenue generation of less than 10% compared to their federal allocations are Bayelsa, Katsina and Akwa Ibom, with Bayelsa bottom of the list with N273bn federal allocation and only N15.9bn IGR, representing 5.81% of the allocations.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Kebbi State with N119bn FAAC allocation and N9bn IGR (7.67%) joins Katsina (N165bn FAAC allocation and N13bn IGR, (7.90%) on the list of economically unviable states, along with Akwa Ibom, which received N360bn and generated N34.8bn (9.66%); Taraba, which received N103bn and generated N10.2bn (9.91%); and Yobe, which received N105bn and generated N10.4bn (9.91%).

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The poorly performing states were unable to attract investments due to socio-political and economic crises, including insurgency, kidnapping, armed banditry, and herdsmen-farmers clashes.

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OTUNBA WASIU JAIYEOLA BAGS TASUED’S DOCTORATE DEGREE

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OTUNBA WASIU JAIYEOLA BAGS TASUED’S DOCTORATE DEGREE

 

In recognition of his impactful contributions to clothing and textile industry in Ogun state in particular and Nigeria in general, the Governing Council of Tai Solarin University of Education, ijagun is set to honour the Founder of Wessy Creations, Otunba Jaiyeola Wasiu, with the Doctor of Science, D.sc Ed (Honoris causa) in Textile and Clothing.

The letter of conferment of the award dated September 30, 2024 with reference number TASUED/REG.122/VOL.1/006 and signed by the Vice-Chancellor of the institution, Prof. Oluwole Banjo, indicated that: “The Award is in recognition of your passion for education, and numerous contributions to the advancement of human race in general.”

The letter reads further: “The University takes special recognition of your numerous professional achievements and community services, including your exemplary leadership roles in our Nation as an elder statesman whose modest achievements and accomplishments represent the idea of integrity and selflessness, which our University stand for.
“The University joins well-meaning Nigerians in celebrating your humble, worthy, and outstanding legacies in the service of humanity.
“We also congratulate you and your family on your many notable achievements in life”.

The conferment ceremony is slated for Thursday, 28th November, 2024 at the School Auditorium in Ijagun, Ijebu-Ode, Ogun State.

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Family Pleads With FG to save brother in South African prison

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Family Pleads With FG to save brother in South African prison

Family Pleads With FG to save brother in South African prison

 

The family of a Nigerian businessman, Olatunji Abdul, imprisoned in South Africa, has called on the Nigerian government and the Chairperson of the Nigerians in Diaspora Commission, Mrs Abike Dabiri-Erewa, to intervene and save his life urgently.

The family, at a press conference on Thursday at Ikeja, alleged that Olatunji, a businessman and humanitarian, who has been held in a South African prison since 2019, is a victim of false charges allegedly orchestrated by state agents and xenophobic business rivals and that he is facing imminent danger.

PUNCH Metro gathered that through a petition submitted by the founder of Zarephath Aid, Ben Abraham, an international criminal justice organisation, the family narrated the ordeal of the Osun State-born entrepreneur.

 

Abdul, who relocated to South Africa in 2009, established himself as a prominent figure in the hospitality and tourism sectors.

According to the family, as the founder and CEO of Hydro Club, a leading hospitality consultancy in Johannesburg, he provided employment opportunities for Nigerians and supported businesses, students, and tourists in the diaspora.

However, his family believes his success made him a target for xenophobic competitors and corrupt officials.

 

Olatunji’s brother, Sesan, revealed that in 2019, these forces allegedly initiated a scheme, called “#DestroyAbdul,” aimed at destroying his reputation and business ventures.

Sesan claimed that this led to his wrongful arrest, denial of bail, and coercion into providing false confessions.

“In 2020, Olatunji was convicted on charges of theft and sentenced to 15 years in prison, a sentence his supporters insist was based on fabricated evidence.’

“Despite being granted leave to appeal his sentence in November 2024, Abdul is said to be facing further challenges as his efforts to secure legal representation for his appeal have been thwarted.

 

“Several lawyers have reportedly withdrawn from his case due to threats and intimidation, leaving him to represent himself in court,” he said.

His family further stated that his situation is worsening, with fears of poisoning in prison and the confiscation of his laptop, which he needed for legal preparation.

The family, along with Zarephath Aid, appealed to the FG to act swiftly to prevent Olatunji’s death.

 

“If nothing is done, we risk losing a man who has brought pride to Nigeria and significantly contributed to the Nigerian diaspora.”

The petition reads. “Abdul is not a criminal; he is a victim of a malicious plot to destroy him.”

Olatunji’s physical and emotional health has reportedly deteriorated.

His family added that without intervention, his life remains in grave danger.

“This is not just about Abdul,” said Ben Abraham of Zarephath Aid. “It is about protecting Nigerians abroad who face unjust persecution despite their positive contributions.

 

“Abdul is an example of what Nigerians can achieve, and he deserves the protection of his country,” he said.

“Abdul is not just a businessman; he is a father, a son, and a role model for Nigerians in the diaspora. Nigeria must act now to bring him home,” the family stated.

 

 

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How Visiting US-based Nigerian bought nine drugs before death 

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How Visiting US-based Nigerian bought nine drugs before death 

How Visiting US-based Nigerian bought nine drugs before death

 

The Ogun State Police Command on Thursday said it found nine different drugs and medications in the hotel room of the visiting US-based 51-year-old Sunday Abidoye whose lifeless body was discovered at the Creestar Hotel room, GRA, Sagamu, on Wednesday.

The command’s spokesperson, SP Omolola Odutola, disclosed this in a statement on Thursday to confirm Abidoye’s death.

Odutola explained that the Chief Security Officer of the hotel, one Mr Oluwole, reported the incident regarding the discovery of the deceased customer to the police, five days after his arrival from the United States of America.

She said on receiving the report, a team of detectives visited the scene and on arrival, found the body of the deceased already placed inside a car outside the hotel, being prepared to be taken to the morgue by his family.

 

Odutola said that the deceased’s brother, Jimoh Godday, residing in Imota, Lagos State, informed the police team that his brother had arrived in Nigeria from the USA on Saturday, November 16, 2024.

 

She explained further that Godday said he had called at the hotel on Monday and knocked on Room 109, where his brother was staying, but got no response after which he requested a spare key from the manager to enter the room, where they discovered his brother’s lifeless body.

Odutola said, “Photos were taken, and various drugs and traditional medicines were recovered from the room.

 

“The centre of the bed was soaked with a liquid-like substance. A friend of the deceased, Ogunmonti Ogunwole, confirmed that he accompanied his friend, Sunday, to purchase nine different types of medication the previous day due to his complaints of illness.

“The body has since been evacuated to OOUTH morgue in Sagamu for an autopsy.

“No known cause of death yet, and the case will be transferred to the State Criminal Investigation Department for discreet investigation.”

 

 

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