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*Osun 2018: East and Central Senatorial zone, A Factor To Consider by Any Gubernatorial Aspirant As Politics Gather Momentum*

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_*unheard Music, who is to dance*_
It is no longer a secret that each of the political parties in Osun state is by now thinking towards Osun West for their governorship ticket.Most of the gladiators within the two leading parties are presently jostling covertly to succeed the Incumbent governor of Osun State, Ogbeni Rauf Aregbesola an uncommon personality who by now appeared not tired to plant his legacy in the state as he remain a workaholic.This zoning appeared convenient and an easy ride  for Apc but not so palatable or a laughing matter for pdp,for Sen Iyiola Omisore to be sidelined in the scheme of things may mean total collapsed of the empire called PDP in Osun State. Head or tail,Apc is still the party to bit and they are also putting such possibility in to their consideration ..
Meanwhile, If there are any communities or persons,every gladiators in Osun state should also watch closely by now as possible place to pick their running mate towards realising their governorship ambition for Osun State ,then it’s Osogbo axis,Ife or Ilesha (Central or East) and that is where Hon Oluwole Oke,  Hon Rotimi Makinde and  Barr Basir Ajibola who is the current Attorney General of the state and Hon Rotimi Makinde a former member of the house of representatives,Hon Oke is a serving federal legislator from Ilesha axis, these personalities readily comes to mind,incidentally both Ajibola and Makinde are close lieutenants of Ogbeni Rauf Aregbesola and incidentally both are Islam by faith. Makinde is a great grassroot politician from ile ife, a renowned artist and a discipline very public figure in the state. He hail from Ile Ife the community who ordinarily deserves the governor seat but for the zoning and marriage of convenience in the state, Dr Ajibola Basir is  a technocrat per excellence and he is from Osogbo,he is the current attorney general of the state, highly referred as defacto gov  .Hon Wole Oke is a third timer in the federal house of Reps. The outgoing governor Ogbeni Rauf Aregbesola is from Ilesha,in the east senatorial district, the same  axis with Ile ife, the cradle of Yoruba race who had not been so privileged to occupy the governor seat despite their enormous resources contribution to the economy of the state. Analyst believed the pendulum of governorship is very much likely to go in the way of Osun West in either of the party going by records of precedence…
Presently, no fewer than 15 gladiators has indicated their interest to take over from Ogbeni Rauf Aregbesola in Apc and pdp. Notably among them are Hon Najim Salam,Mr lere oyewumi, Dr Adewopo, Alh Moshood Adeoti,Hon Gafar Ameere, Proff Mojeed Alabi,Mr Alabi Olugboyega ,Elder Peter Babalola and may be the current Commissioner for Finance, Alhaji Bola Oyebamiji:  Commissioner for Finance.
Also we have some highly placed gladiators showing interest from other zones such as KRad,Rt Hon Lasun Yusuf and the likes of Prince Dr Ayoade Opeyemi Adewopo, Honourable Wole Oke, Dr Iyiola Omisore, Prince Tunde Eso, Senator Adeleke, Fatai Akinbade who has always been making  embryonic move to declare ambition but stylishly  advancing spontaneously on social media to prepare the minds of the electorate in terms of awareness and to create avenue for consultation but yet to officially declare their ambition to govern Osun State.

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Some are even of the opinion that the governor is all bent in looking towards the direction of Osun central and thinking  in the direction of Alh Gboyega Oyetola the current Chief of staff,a complete gentleman. In this regard,many analyst believe jettisoning a grass root like Alhaji Moshood Adeoti would be an uphil task and so also a political stalwalt like Elder Peter Babalola whose silence has been very worrisome in the recent.
Meanwhile, scores of individuals has so far shown interest in the plum job, which has relatively polarised the party in the last few months.
Honourable Rotimi Makinde, the former member of House of Representatives,Ile Ife constituency is among the top players every political calculator must keenly observed and put into permutation as gubernatorial election draws nearer day by day. The development has since pitched him against many interests in the party hierarchy, and this became a substantial clog in the wheel of his ambition in the party.
He has displayed a political version of biblical Peter by being vocal, having excitedly divulged many of his past in governance publicly in the euphoria of finding a suitable political office to serve his good people diligently.

While many in his political family consider him as a loyal member, many others like Maye of Ife, Dr Adedoyin, Dele Mohammed and others not even in his party sees him as an outstanding politician who should be watched closely with a sensitive and bigger assignment based on his leadership experience.
It is on records that the Osun East Senatorial District produced the incumbent, Ogbeni Rauf Aregbesola through a ruling of an appeal court sitting in Ibadan, Oyo State on November 26, 2010. With this analysis, If the party should finally go to West as been predicted in picking it’s Gubernatorial candidate, then the Deputy Governor is definitely going to the Central or East area of the state.Meanwhile the current Deputy Governor is from Osun  Central in the person of Mrs Titi laoye Tomori. What however would also be placed in consideration is the voting strength and culture of the two communities. Ile Ife is predominantly opposition in nature,almost all contestants under APC platform lost in that axis unlike Osogbo, apart from this city enjoying the best of everything under the present government,it can easily be predicted that the indigenes would kindly be ready to return their love for the progressive party any time any day unlike ife people who seems to keep dancing to the unheard music of their son .This is the point and this is why the dangling ace is mostly favoured to go in the direction of Osun Central Senatorial District!.
Makinde has not hide his strong appetite to return to the Federal House of Representatives with serious intention to secure a principal position or chairmanship of any committee to better his people as a returnee or in the alternative becomes the Deputy Governor of his dear State. The waiting game therefore is that anyone who  picks the party ticket has to face the task of preferences in the deputy ticket slot.
All in all, both the ruling APC and PDP has a big and onerous task ahead ,most especially if APC really wants to retain the governorship seat, going by its array of errors and miscalculations in the recent past. They must be reasonable in their permutations.

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It is no more news that APC and its popularity has abysmally waned and its influence geometrically dwindled, especially in the wake of its ignominious defeat during the Osun West Senatorial District bye-election, in which the ailing PDP defeated the party with a wide and unimaginable margin.
The waiting game continues……
Obadimu Dekunle Veron, Political Analyst

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WEMA BANK ANNOUNCES CALL FOR ENTRIES FOR ITS YOUTH-FOCUSED HACKATHON, HACKAHOLICS 5.0*

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*WEMA BANK ANNOUNCES CALL FOR ENTRIES FOR ITS YOUTH-FOCUSED HACKATHON, HACKAHOLICS 5.0*

 

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Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has announced the Call for Entries in the 5th edition of its flagship youth and startup-focused tech competition, Hackaholics. This announcement was made at the Press Conference held at Wema Bank’s Head Office on Thursday, April 18th, 2024, declaring the registration portal for Hackaholics 5.0 officially opened.
Hackaholics is an annual tech and innovation competition birthed by Wema Bank in 2019 to provide a platform for young Nigerians with tech-driven ideas to bring their game-changing ideas to life, scale their ventures or startups and access a wider market for these tech-enabled solutions. Over the past 4 editions, Hackaholics has transformed thousands of Nigerian lives and businesses, helping Youth with interests spread across different areas to build their own Startups, create sustainable sources of income and gain a competitive edge on the global tech and innovation scene. Through Hackaholics, Wema Bank has powered the launch and expansion of a plethora of Startups through Hackaholics, disbursing over N150,000,000 in cash prizes in just 4 editions.

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With the launch of Hackaholics 5.0, Wema Bank is reportedly pulling all the stops to make this edition the grandest ever. Themed “Meta-Idea: DigiTech Solutions for Africa’s Prosperity”, Hackaholics 5.0 will be executed over a six-month period, touring 10 Universities across the country and challenging the Youth to pitch unique, innovative and practical Digi-Tech solutions to positively impact the acceleration of progress, development and prosperity not just in Nigeria but across the African continent.
Encouraging Nigerian Youth to leverage Hackaholics as a launchpad to their success in the digital world, Wema Bank’s Chief Transformation Officer, Babatunde Mumuni, highlighted the bank’s vision for Hackaholics. According to him, “With the birth of ALAT, a few things became clear, one of which is that while we have adopted innovation and digital excellence as our path to greatness, we need talented bright minds to drive this innovation, and this is one of the reasons we launched Hackaholics. With Hackaholics, we are not only empowering these youth to scale but also funding STEM education towards national development. Also, we are strengthening our nation’s capabilities and providing a platform for creative and innovative youth to thrive. We are in search of people who are curious, who are innovative enough to question the status quo, refine the norm and challenge themselves to make things better. If this is you, then Hackaholics 5.0 is the perfect platform to help you thrive”.
Highlighting the career opportunities available in Hackaholics 5.0, Ololade Ogungbenro, the Divisional Head of Brands, People and Culture, said, “Nigeria possesses a vibrant population of young people who are digitally skilled and willing to leverage innovation and technology as a tool to build digital products that are usable, scalable, and sustainable. All they need is an opportunity, a platform, and the right nurturing environment for their talents to thrive. That is one value we hope to harness with Hackaholics 5.0. The pitch sessions across the different universities present a unique opportunity for us to double our impact to not only empower these youth to own their own Startups from as early as their undergraduate years, but further provide them with access to first-rate employment opportunities. Through the career fairs we will host, participants and attendees can interact with us, learn about the bank’s culture, values, and job opportunities, and gain insight into the banking industry and learn about various technology-related roles available in the Bank. They’ll also enjoy Speed mentoring and Networking opportunities, Interview Preparation and a chance to hone their soft skills. So, if you are a young person who is keen on building a thriving career in Tech, then attending, and actively participating in the Hackaholics Career Fair should be a top priority for you”.
Wema Bank’s Head of Innovation, Solomon Ayodele, concluded saying, “This year, you’re going to experience the Coachella of the tech industry at our Hackaholics 5.0 grand finale tech festival, and the journey begins today. We have a cash prize of over N70,000,000 for our winners this year and we are not limiting you to any specific verticals. Any verticals you can think of will be accepted. Our focus for Hackaholics 5.0 is the brilliance of your mind so we leave it to you to discover a problem area that matters and develop an innovative solution that will drive positive impact. Our goal is to birth solutions that address diverse aspects of real-world challenges, and you have the opportunity to be a part of this transformative journey. To submit your entry please visit https://hackaholics.wemabank.com/register”.
Wema Bank has transformed thousands of lives across Nigeria, facilitating the successful creation of hundreds of startups across the country through Hackaholics. With the bank’s impact constantly proliferating especially in the digital space, it is no wonder that Wema Bank is regarded as Nigeria’s foremost innovative bank.

Interested participants are encouraged to submit their registrations for Hackaholics 5.0 at https://hackaholics.wemabank.com/register.

WEMA BANK ANNOUNCES CALL FOR ENTRIES FOR ITS YOUTH-FOCUSED HACKATHON, HACKAHOLICS 5.0
Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has announced the Call for Entries in the 5th edition of its flagship youth and startup-focused tech competition, Hackaholics. This announcement was made at the Press Conference held at Wema Bank’s Head Office on Thursday, April 18th, 2024, declaring the registration portal for Hackaholics 5.0 officially opened.
Hackaholics is an annual tech and innovation competition birthed by Wema Bank in 2019 to provide a platform for young Nigerians with tech-driven ideas to bring their game-changing ideas to life, scale their ventures or startups and access a wider market for these tech-enabled solutions. Over the past 4 editions, Hackaholics has transformed thousands of Nigerian lives and businesses, helping Youth with interests spread across different areas to build their own Startups, create sustainable sources of income and gain a competitive edge on the global tech and innovation scene. Through Hackaholics, Wema Bank has powered the launch and expansion of a plethora of Startups through Hackaholics, disbursing over N150,000,000 in cash prizes in just 4 editions.
With the launch of Hackaholics 5.0, Wema Bank is reportedly pulling all the stops to make this edition the grandest ever. Themed “Meta-Idea: DigiTech Solutions for Africa’s Prosperity”, Hackaholics 5.0 will be executed over a six-month period, touring 10 Universities across the country and challenging the Youth to pitch unique, innovative and practical Digi-Tech solutions to positively impact the acceleration of progress, development and prosperity not just in Nigeria but across the African continent.
Encouraging Nigerian Youth to leverage Hackaholics as a launchpad to their success in the digital world, Wema Bank’s Chief Transformation Officer, Babatunde Mumuni, highlighted the bank’s vision for Hackaholics. According to him, “With the birth of ALAT, a few things became clear, one of which is that while we have adopted innovation and digital excellence as our path to greatness, we need talented bright minds to drive this innovation, and this is one of the reasons we launched Hackaholics. With Hackaholics, we are not only empowering these youth to scale but also funding STEM education towards national development. Also, we are strengthening our nation’s capabilities and providing a platform for creative and innovative youth to thrive. We are in search of people who are curious, who are innovative enough to question the status quo, refine the norm and challenge themselves to make things better. If this is you, then Hackaholics 5.0 is the perfect platform to help you thrive”.
Highlighting the career opportunities available in Hackaholics 5.0, Ololade Ogungbenro, the Divisional Head of Brands, People and Culture, said, “Nigeria possesses a vibrant population of young people who are digitally skilled and willing to leverage innovation and technology as a tool to build digital products that are usable, scalable, and sustainable. All they need is an opportunity, a platform, and the right nurturing environment for their talents to thrive. That is one value we hope to harness with Hackaholics 5.0. The pitch sessions across the different universities present a unique opportunity for us to double our impact to not only empower these youth to own their own Startups from as early as their undergraduate years, but further provide them with access to first-rate employment opportunities. Through the career fairs we will host, participants and attendees can interact with us, learn about the bank’s culture, values, and job opportunities, and gain insight into the banking industry and learn about various technology-related roles available in the Bank. They’ll also enjoy Speed mentoring and Networking opportunities, Interview Preparation and a chance to hone their soft skills. So, if you are a young person who is keen on building a thriving career in Tech, then attending, and actively participating in the Hackaholics Career Fair should be a top priority for you”.
Wema Bank’s Head of Innovation, Solomon Ayodele, concluded saying, “This year, you’re going to experience the Coachella of the tech industry at our Hackaholics 5.0 grand finale tech festival, and the journey begins today. We have a cash prize of over N70,000,000 for our winners this year and we are not limiting you to any specific verticals. Any verticals you can think of will be accepted. Our focus for Hackaholics 5.0 is the brilliance of your mind so we leave it to you to discover a problem area that matters and develop an innovative solution that will drive positive impact. Our goal is to birth solutions that address diverse aspects of real-world challenges, and you have the opportunity to be a part of this transformative journey. To submit your entry please visit https://hackaholics.wemabank.com/register”.
Wema Bank has transformed thousands of lives across Nigeria, facilitating the successful creation of hundreds of startups across the country through Hackaholics. With the bank’s impact constantly proliferating especially in the digital space, it is no wonder that Wema Bank is regarded as Nigeria’s foremost innovative bank.

Interested participants are encouraged to submit their registrations for Hackaholics 5.0 at https://hackaholics.wemabank.com/register.

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Access Holdings’ Shareholders Unanimously Back Capital Raising Plan, Hail Aig-Imoukhuede’s Return as Chairman

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Access Holdings' Shareholders Unanimously Back Capital Raising Plan, Hail Aig-Imoukhuede's Return as Chairman

Access Holdings’ Shareholders Unanimously Back Capital Raising Plan, Hail Aig-Imoukhuede’s Return as Chairman
…Re-elect Olusegun Ogbonnewo, Ojinika Olaghere as a Non-Executive Directors

The shareholders of Access Holdings Plc (“Access Holdings” or “the Group”) at the 2nd Annual General Meeting (AGM) held on Friday, April 19, 2024, unanimously backed the Group’s plan to establish a capital raising programme of up to US$1.5 billion as well as the subset initiative to raise up to N365 billion, specifically, through a Rights Issue of ordinary shares to its shareholders.
The proceeds of the Rights Issue would be used to support on-going working capital needs, including organic growth funding for its banking and other non-banking subsidiaries.
The shareholders also ratified the appointments of Aigboje Aig-Imoukhuede, Olusegun Ogbonnewo, and Ojinika Olaghere as Non-Executive Directors.
The appointment of Aig-Imoukhuede as the Chairman of Access Holdings was praised by the shareholders, who pointed to his rich history of success with the institution, having transformed it into Nigeria’s biggest lender by market value alongside Herbert Wigwe.
Aigboje’s leadership was instrumental in driving the institution’s growth during the 2004 recapitalisation of the banking industry led by the Central Bank of Nigeria (CBN) under the leadership of its former Governor, Prof. Charles Soludo.
“We are thrilled with Aigboje Aig-Imoukhuede’s return to the role of Chairman. His proven track record, experience, and strategic insights position him as the ideal leader to steer Access Holdings towards meeting its lofty targets. During his tenure as CEO, particularly during the recapitalisation directive by the CBN, he steered Access Bank to raise an impressive $2 billion in capital, and this demonstrates his capacity to, once again, lead Access Holdings towards successfully achieving the objectives of our planned Capital Raise and Rights Issue targets,” said Chief Sunny Nwosu, Chairman Emeritus of the Independent Shareholders Association of Nigeria (ISAN).
Access Holdings' Shareholders Unanimously Back Capital Raising Plan, Hail Aig-Imoukhuede's Return as Chairman
In line with the Group’s strong financial performance, the payment of a final dividend of N1.80 kobo per every N0.50 Kobo ordinary share for the 2023 financial year was approved, marking a 28 per cent improvement from the corresponding period in 2022.
The Group’s full-year results for the period ending December 31, 2023, showcased an impressive 335 per cent increase in pre-tax profit to N729 billion from N167.68 billion in 2022. The Group also experienced an 87 per cent surge in gross earnings to N2.59 trillion from N1.39 trillion in 2022 and reported a remarkable 306 per cent growth in profit after tax to N619.32 billion, from N152.20 billion in 2022.
Commencing in the second half of 2024, Access Holdings’ global expansion strategy will enter the consolidation and efficiency phase, aligning with its five-year plan to accelerate the attainment of its 2027 strategic objectives. The Group remains focused on driving sustainable growth, and delivering value to its shareholders even as it continues to build a globally connected community and ecosystem, inspired by Africa, for the world.

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Dangote crashes Diesel price to N1,000 per litre

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Dangote reacts to EFCC’s visit to its Headquarters

Dangote crashes Diesel price to N1,000 per litre

 

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In an unprecedented move, Dangote Petroleum Refinery has announced a further reduction of the price of diesel from 1200 to 1,000 naira per litre.

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While rolling out the products, the refinery supplied at a substantially reduced price of N1,200 per litre three weeks ago, representing over 30 per cent reduction from the previous market price of about N1,600 per litre.

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This significant reduction in the price of diesel, at Dangote Petroleum Refinery, is expected to positively affect all the spheres of the economy and ultimately reduce the high inflation rate in the country.

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