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OYEBANJI ASSURES INVESTORS OF THRIVING BUSINESS ENVIRONMENT IN EKITI

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OYEBANJI RECALLS SUSPENDED COMMISSIONER

OYEBANJI ASSURES INVESTORS OF THRIVING BUSINESS ENVIRONMENT IN EKITI

…Declares Open Jara Shopping Mall

 

 

 

Ekiti State Governor, Mr. Biodun Oyebanji, has assured investors of enabling environment for their businesses and investment to thrive and bring the Shared Prosperity agenda of his administration to reality.

 

 

 

 

The Governor gave the assurance on Thursday when he declared open Jara Shopping Mall located within the Obafemi Awolowo Civic and Convention Centre in Ado Ekiti, the state capital.

 

OYEBANJI ASSURES INVESTORS OF THRIVING BUSINESS ENVIRONMENT IN EKITI

 

Represented by his wife, Dr. Olayemi Oyebanji, the Governor described the inauguration of Jara Shopping Mall as a “momentous occasion which marks a significant milestone in his administration’s journey towards progress and prosperity.”

He used the opportunity to call on other investors across various sectors of the economy to come to Ekiti and invest, describing his administration as investor-friendly with policies that will make their investment to thrive.

Governor Oyebanji noted that the presence of Jara Shopping Mall not only offers employment opportunities for citizens of the state but also provides an avenue for residents to purchase goods and items they had hitherto purchased outside the state at affordable prices.

He said: “Jara Shopping Mall is not merely a structure of brick and mortar; it represents a testament to the economic growth of Ekiti State. As we step into this new chapter of growth, we embrace the opportunities it brings to enhance our local economy, create jobs, and uplift the quality of life for Ekiti residents.

“Let us also remember that with progress comes responsibility. As we revel in the excitement of this remarkable achievement, let us remain committed to sustainability and community development. Together, we can ensure that the benefits of this venture extend far beyond its walls, touching the lives of every citizen in Ekiti State.

“I extend my heartfelt gratitude to the visionary minds, dedicated workers, and supportive community members who have made this day possible. As we cut the ribbon and open the doors of Jara Shopping Mall, let us step forward with unity, optimism, and an unshakable belief in the potential of Ekiti State.”

Speaking earlier, the General Manager of the Jara Group, Mr. Christian Chenut, said the group entered the Nigerian market three years ago and had earlier opened three outlets in Ikeja (Lagos), Ibadan, Benin with that of Ado Ekiti making the fourth outlet to be opened for business.

Mr. Chenut described Jara as “Nigeria’s first discount supermarket and retail chain created by Nigerians specifically for the Nigerian retail market expressing gratitude to the Oyebanji Administration for attracting the business to the state.

He explained that goods and items on offer come with good quality and affordable prices noting that residents of Ekiti have been provided with opportunity and access to get the best.

The Jara boss disclosed that the group has partnership with popular multinationals like Nestle, Coca Cola, among others and aims to give customers the best value for their money.

The Head of Operations, Jara Group, Mr. Olufemi Oke, thanked Governor Oyebanji for the support and providing environment for the group to extend its tentacles to Ekiti State.

The General Manager who led other officials conducted the Governor round the various sections of the mall. The Governor also purchased items at the mall to the admiration of the management, staff and other visitors to the facility.

The event was attended by Commissioner for Works, Mr. Sola Adebayo; Commissioner for Investment,Trade and Innovation , Mrs. Tayo Adeola; Commissioner for Wealth Creation and Employment, Otunba Kayode Fasae and other government officials.

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APC Leaders’ Meeting on Oluyole Primaries Misrepresented — Group*

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*APC Leaders’ Meeting on Oluyole Primaries Misrepresented — Group*

 

A group within the All Progressives Congress (APC) in Oluyole Federal Constituency, Itesiwaju Oluyole, has described as false and misleading a media report titled “APC Leaders Rally Behind Gbolagade over Oluyole Primaries.”

 

Speaking on behalf of the group, Alh. Wasiu Busari stated that the report was deliberately designed to mislead members of the public and create confusion over the outcome of the recently conducted party primaries in the constituency.

 

According Busari, the meeting referenced in the report was attended by only a few leaders whose preferred aspirant, Biodun Gbolagade, lost at the primaries.

 

The group maintained that the gathering was merely an attempt to restate a position that had already been overtaken by the party’s decision and the outcome of the exercise.

 

It added that several prominent APC leaders in Oluyole were absent from the meeting, a development it said reflected their respect for party supremacy, due process, and the outcome of the primaries.

 

Among those said to be absent were the current APC Chairman in the constituency, Prince Dotun Oladipo; Alhaji Razak Lawal Akilapa; Pa Osuolale Alamu; Prince Abbas Alesinloye; Alhaji Ogunrin; Hon. Moruff Lamolo; Alhaji Abdul Wahid Olawale; Hon. Abiodun Wahab, popularly known as Deen Abbey; and Pa Larinde, among others.

 

The statement further alleged that some individuals behind the narrative were among those who either defected to the Accord Party during the 2023 elections or were linked with anti-party activities against the APC in the last general elections.

 

The group, therefore, urged residents and party faithful in Oluyole Federal Constituency to disregard the report, insisting that the APC remains bigger than individual interests.

 

It stressed that the outcome of the primaries should be respected in the interest of unity, party discipline, and democratic order.

APC Leaders’ Meeting on Oluyole Primaries Misrepresented — Group*

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“No Economy Can Prosper Without Strong Institutions” — Obasa Tells Global Investors

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“No Economy Can Prosper Without Strong Institutions” — Obasa Tells Global Investors

 

 

Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa, has declared that no economy can attain enduring prosperity without strong institutions and strategic collaboration between government and private capital.
Delivering a keynote on the theme “Legislative Leadership and the Role of Global Private Capital in Modern Economic Growth,” at the HOC Capital Club in Lekki on Saturday, May 16, Obasa told investors, policymakers, and diplomats that global private capital thrives only where laws are clear, governance is accountable, and policies are consistent.

 

 

He emphasized that legislative leadership is central to building such an environment, noting that the Assembly’s constitutional mandate — particularly its control over public funds and oversight powers — is designed to safeguard transparency and strengthen investor trust.

 

 

 

“All the money that comes into the treasury must be legislated upon by the House for transparency. The power of the purse is the most effective weapon for the people’s representatives to control government spending,” he said.
Speaker Obasa stressed further that credible institutions, rule of law, and regulatory predictability are essential to attracting quality investments. However, he noted that while attracting capital is vital, growth must deliver tangible social benefits including job creation, poverty reduction, and improved public services.
He went on to spotlight landmark laws under his stewardship that have reshaped the state’s investment climate, including the Public Procurement Law (2021), Public-Private Partnership Law (2011/2015), and the Electric Power Sector Reform Law (2024). He also pointed to property protection frameworks and the ₦4.44 trillion “Budget of Shared Prosperity” for 2026 — which allocates over 52% to capital expenditure — as deliberate pointers to Lagos’ readiness for global capital inflows.

He further highlighted initiatives such as the Sovereign Wealth Fund, harmonization of taxes, and the proposed Railways Corporation Bill (2025) as evidence of Lagos’ legislative foresight and long-term economic vision.

Speaker Obasa concluded by stressing that the future of growth will depend on the quality of leadership in public institutions and the confidence inspired in the global investment community.

“Together, we can unlock the full potential of Lagos, strengthen Africa’s economic future, and establish a new benchmark for economic and diplomatic engagement on the global stage,” he declared, leaving investors with a clear message: Lagos is ready to lead, and the world is invited to invest in its promise.

The HOC Capital Club in Lekki is an exclusive private capital and global advocacy network, designed for ultra-high-net-worth individuals (UHNWIs) with verified second citizenships and a minimum net worth of $2 million. It serves as a hub where wealth, influence, and policy intersect, connecting investors, policymakers, and global citizens across continents.

 

 

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Akande-Sadipe Emerges APC Candidate for Oluyole Federal Constituency Amid Failed Disruption Attempts*

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*Akande-Sadipe Emerges APC Candidate for Oluyole Federal Constituency Amid Failed Disruption Attempts*

 

The Member representing Oluyole Federal Constituency in the House of Representatives, Tolulope Akande-Sadipe, has emerged victorious in the All Progressives Congress (APC) primary election for Oluyole Federal Constituency.

 

The keenly contested primary, held under strict monitoring and in line with the party’s guidelines, witnessed a massive turnout of delegates and party faithful who reaffirmed their confidence in the leadership and representation of Akande-Sadipe.

 

Despite alleged attempts by opposition elements to disrupt the peaceful conduct of the exercise through acts capable of causing violence and tension, party members remained resolute and committed to democracy.

 

Security agencies and party officials acted swiftly to ensure orderliness, allowing the process to continue without intimidation.

 

Speaking after the declaration of results, Akande-Sadipe expressed gratitude to delegates, party leaders, and supporters across the constituency for their unwavering support and trust in her leadership.

 

She described the victory as a collective triumph for loyal party members and the people of Oluyole Federal Constituency.

 

“This victory belongs to the people of Oluyole who have continued to stand firmly for progress, continuity, and quality representation. I deeply appreciate the confidence reposed in me and assure our people that I will continue to work tirelessly for their welfare and development,” she said.

 

She also commended the leadership of the APC for ensuring a transparent and credible process while urging party members to remain united ahead of the general elections.

 

Akande-Sadipe reaffirmed her commitment to delivering impactful representation, empowerment programmes, infrastructural development, and people-oriented initiatives across Oluyole Federal Constituency.

 

E-signed:

 

Media Team

Office of Hon. Tolulope Akande-Sadipe.

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