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Ogun to host Investment Summit July 13, 14

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Ogun to host Investment Summit July 13, 14

Ogun to host Investment Summit July 13, 14

The Ogun State Government has concluded plans to host the forthcoming 2021 Investment Summit, tagged ISEYA’ 21, and slated for, between July 13and 14. The Summit is intended to attract would-be investors for the continued economic growth of the state.

 

Ogun to host Investment Summit July 13, 14

Disclosing this on Thursday, in Abeokuta, the state capital, the Chief Economic Adviser (CEA) and State Commissioner for Finance, Dapo Okubadejo, noted at a virtual Pre-summit Roadshow, that this year’s Summit is themed, Ogun :Becoming Africa’s Model Industrial and Logistics Hub”.

 

Ogun to host Investment Summit July 13, 14

 

Okubadejo, who is also the Vice Chairman of the Planning Committee, explained that the Pre-Summit Roadshow was a form of sensitisation programme in preparation for the summit.

The Commissioner submitted that potential investors would be acquainted with many investment opportunities therein in the state, as the fastest growing economy in the country.

Okubadejo, who was supported by his counterparts from the Ministries of Industry, Trade and Investment, Mrs. Kikelomo Longe; Works and Infrastructure, Engr Ade Adesanya; Culture and Tourism, Dr. Toyin Taiwo; Budget and Planning, Olaolu Olabimtan and the Director General, Public Private Partnership, Dapo Oduwole, said the Governor Abiodun-led administration is determined to give the state, the best in governance.

He noted that one of the moves to attract investors into the state was the establishment of the PPP Office to solve the administrative bottlenecks associated with investment.

The Finance Commissioner noted that lots of reforms and economic policies had been put in place by the adminstration to enhance the Ease of Doing Business.
“This Pre-Summit Investment Roadshow is to sensitise locals and foreign investors to showcase the State as investors’ preferred destination of choice.

“This adminstration is focused to create an enabling environment for investment to thrive and create good governance, and individual prosperity. The Public Private Partnership will drive the economy and our ambition is to position Ogun as the fastest growing economy in the country.

“Our state needs to grow at an average of 25 per cent growth rate per year and we have laid down some of the keys that would make us achieved this. We are targeting the real sector; job creation; poverty eradication, food security among others.

“We have various reforms such as reforming government institutions, tax reforms, energy reforms just to mention but a few,” he added.
Okubadejo, however, said that the state government had invested hugely in security to ensure investors operate in a safe environment.

In the same vein, Longe said the Investment Summit would be a platform for mutual collaboration between the state government and investors.

She identified Economic Development Clusters; Infrastructure and Agriculture as keys areas that would be focussed on during the two day event.

She further hinted that the website for registration for the Summit will be opened by 12 midnight of Friday, and urged investors to get registered for the programme.

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NAPS Presidential Aspirant Lauds Tinubu’s ₦3.5 Trillion Education Budget, Advocates for Polytechnic Investment

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NAPS Presidential Aspirant Lauds Tinubu’s ₦3.5 Trillion Education Budget, Advocates for Polytechnic Investment

 

Comrade Oyewumi Festus, the leading Presidential Aspirant for the National Association of Polytechnic Students (NAPS), has praised President Asiwaju Bola Ahmed Tinubu for the substantial increase in the education sector allocation in the 2025 budget. The budget, tagged the “Restoration Budget,” was presented to the 10th National Assembly on Wednesday, December 8, 2024, and earmarked ₦3.5 trillion for education.

NAPS Presidential Aspirant Lauds Tinubu’s ₦3.5 Trillion Education Budget, Advocates for Polytechnic Investment

Comrade Festus described the allocation as a testament to President Tinubu’s commitment to advancing education in Nigeria, which he called a significant step toward securing the nation’s future.

Speaking at Kogi State Polytechnic Lokoja during his campaign tour on Friday, December 20, 2024, Festus urged the Federal Ministry of Education to channel a considerable portion of the allocation toward polytechnic education. He emphasized that polytechnics are the backbone of Nigeria’s technological development, highlighting their critical role in fostering innovation, entrepreneurship, and skilled manpower needed for economic growth.

“Nigeria’s polytechnics have long been the cornerstone of the nation’s technological progress. A strong investment in technical and vocational education will drive sustainable development and innovation,” Festus stated.

During the visit, Comrade Festus commended the Kogi State Government and the management of Kogi State Polytechnic for their strides in infrastructure development, prioritizing staff and student welfare, and ensuring campus security. He also extended his gratitude to Governor Ododo for reappointing Professor Usman Ogbo as the institution’s Rector for a second term.

 

As part of his address, Festus appealed for increased support for the Students Union Government (SUG) and the broader student community, emphasizing the need for effective representation that transcends campus boundaries.

The NAPS aspirant was warmly welcomed by the SUG President, Miss Oluwadamilola Enimokanyi, who acknowledged his advocacy and commitment to the advancement of polytechnic education in Nigeria.

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My First Album Gave Me the Stage Name Oba Ara and Sold Over 30,000 Copies” – Gospel Star Dr. Rotimi Onimole

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My First Album Gave Me the Stage Name Oba Ara and Sold Over 30,000 Copies” – Gospel Star Dr. Rotimi Onimole

Dr. Evangelist Rotimi Onimole, famously known as Oba Ara, is a prominent name in the Nigerian gospel music scene. With over two decades of impact, the Lagos-born singer has built a legacy that continues to inspire.
Oba Ara, who has received numerous awards, is celebrated for his unique musical style and his ability to spread the message of God through his songs. Some of his accolades include Best Gospel Musician by Crowd Puller Event Award, Best Newest Gospel Artiste of the Year by Exclusive Magazine, Best Gospel Artist of the Year by Expo Plus Magazine, and an honorary Doctor of Music by INRI Evangelical Spiritual Church, among others.
In 2010, Oba Ara released his debut album titled Oba Ara, which not only sold over 30,000 copies but also earned him his stage name through what he describes as divine connection.
Building on this success, he released his second album, Beautiful Testimony (Eri To Rewa), in 2013, which gained international recognition. Both the audio and video versions of the album were widely embraced, with the video being shot in Nigeria and abroad.
His third album, Oba A Ju Lo, is a powerful collection of songs focused on God’s greatness and praises, further cementing his reputation as a leading gospel artist.
Oba Ara is also the pioneer of Jufujigospel music, a unique genre that blends contemporary sounds with traditional gospel.
Beyond his albums, Oba Ara is the brain behind the Power in Praise Concert, an annual event that has featured renowned gospel artists like Evangelist Tope Alabi, Dr. Lanre Teriba (Atorise), Evangelist Dare Melody, and many others.
With a career defined by creativity, divine inspiration, and a passion for spreading the gospel, Oba Ara remains one of Nigeria’s most celebrated gospel artists.
My First Album Gave Me the Stage Name Oba Ara and Sold Over 30,000 Copies” – Gospel Star Dr. Rotimi Onimole

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“US-Based Nigerian and Accomplice Sentenced to 40 Years for $9M Dark Web Drug Scheme”

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"US-Based Nigerian and Accomplice Sentenced to 40 Years for $9M Dark Web Drug Scheme"

“US-Based Nigerian and Accomplice Sentenced to 40 Years for $9M Dark Web Drug Scheme”

Mastermind Behind Multimillion-Dollar Drug Operation Jailed
A United States-based Nigerian, Oluwole Adegboruwa, 54, and his accomplice, Enrique Isong, 49, have been sentenced to a combined 40 years in prison for their roles in a sophisticated drug trafficking operation. The duo used the dark web to distribute over 300,000 oxycodone pills across multiple states, amassing $9 million in profits.


According to the United States Attorney’s Office for the District of Utah, Adegboruwa orchestrated the illegal enterprise, directing associates on procuring, packaging, and distributing the drugs to buyers who placed orders via dark web marketplaces. Payments were received in cryptocurrency, which was later converted into local currency.

The operation ran from October 2016 to May 2019 before law enforcement dismantled it. Adegboruwa was arrested and sentenced to 30 years in November 2024, while Isong received a 10-year sentence in October 2024.


In addition to his prison term, Adegboruwa was ordered to forfeit $20 million, one of the largest financial penalties ever imposed by the District of Utah. The court also mandated a lifetime of supervised release following his incarceration.


During the trial, evidence revealed that Adegboruwa was the operation’s mastermind, overseeing every aspect of the syndicate’s activities. He confessed to controlling the drug sales and managing cryptocurrency accounts used to conceal proceeds.

Prosecutors described the operation as a “continuing criminal enterprise,” with Adegboruwa employing a team to procure pharmacy-grade oxycodone pills, package them, and ship orders to customers across the U.S.


Jonathan Pullen, Special Agent in Charge of the DEA Rocky Mountain Field Division, praised the verdict, highlighting the agency’s commitment to dismantling drug networks, even those operating in the clandestine world of the dark web.
“Adegboruwa’s criminal enterprise was complex, sophisticated, and generated millions in profits concealed in cryptocurrency. This sentencing sends a clear message: drug traffickers have no safe haven, not even in the dark web’s hidden corners,” Pullen said.


The sentencing serves as a grim warning to those exploiting technology for illicit activities, emphasizing that law enforcement agencies are vigilant in uncovering and prosecuting such crimes.

 

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