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Ondo Assembly to collaborate with former lawmakers for result oriented



Ondo Assembly

The Ondo State House of Assembly has collaborated with former lawmakers in the state for better legislative duties that would accelerate rapid development of every sector.

Mr Olamide Oladiji, the Speaker of the Assembly, on Friday in Akure stated this while hosting members of the recently dissolved 9th Assembly and the current serving members of the 10th Assembly.

The speaker explained that the house organised the event to fastrack socio-economic development of the state as well as promote fraternal relationship between the former legislators and serving members.

“I was not only a member of the 9th Assembly, who served as the Deputy Majority Leader but also a major stakeholder in the activities of the Assembly,” he said.

“I have the strong belief that there is much that unites us as a body of former and serving law makers who were committed towards the development of the state,” he added.

He expressed gratitude over the songs of praise and rhythmic steps of dance that welcomed them to the event.

He explained that the unique occasion was not only meant for merry-making, but to create a relaxed atmosphere through which as members of the same family, they could interact in a way to ventilate ideas that were positive to the development of the state.

He said being a speaker bestowed upon him an enormous task of leadership, adding that the handful of success thus far attained since his assumption of office was made possible by God and unwavering support of the lawmakers.

“Distinguished colleagues, the tasks ahead require that we all put our hands on the plough, trusting in God and man to see us through.

“There is always strength in unity. There is much we can achieve together as a body of lawmakers. I will continue to leverage on our collective strength and wisdom in our current drive to deliver the much needed democracy dividends to our people.

“My doors are open to advice and suggestions that would enhance our performance in office and by extension, register our names in the sand of times.

“To this extent, I want to state that this meeting will hold at intervals,” he said.

He promised that the get-together party would be sustained to serve as an avenue to criss-cross opinions to move the state forward, urging that the opportunity should not be abused.


I Still Get Attacked By People – Yakubu Aiyegbeni Reveals



In a recent interview, former Nigerian football star Yakubu Aiyegbeni has revealed that he continues to receive messages and criticisms from fans, years after his infamous miss during the 2010 FIFA World Cup match against South Korea.

The moment, etched into football history, occurred during Nigeria’s crucial group stage game against South Korea. With the score tied at 2-2 and a spot in the knockout stages on the line, Aiyegbeni found himself with what seemed like an open goal opportunity. However, to the shock of fans worldwide, he missed the chance, leaving Nigeria unable to secure the much-needed victory.

Despite this moment happening over a decade ago, Aiyegbeni expressed his surprise at the ongoing messages he receives about the miss. “I still get messages from people, different messages,” he stated in the interview. “It’s surprising how that moment still sticks with people, even after all these years.”

The striker, who had a successful career playing for clubs like Everton and Portsmouth in the English Premier League, admitted that the miss was a tough moment in his career. “Of course, it was a big moment, and I wish it had gone differently. But in football, you have highs and lows,” he remarked.

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Job Losses, Factory Closures Loom As Unsold Goods Pile Up — MAN



AGAINST the backdrop of sustained pressure in the foreign exchange market and high cost of production, the Manufacturers Association of Nigeria, MAN has indicated that inventory of unsold goods is escalating to levels now threatening the existence of companies operating in the production sector of the economy with attendant job losses.

Findings show that as of the weekend the foreign exchange market had recorded over 254 per cent plunge in the value of the naira since flotation of the currency by the Central Bank of Nigeria (CBN) in June 2023.

Recall that the naira traded for N471 per dollar in the official I&E market on June 13, 2023 before the floatation of the currency, but exchanged for N1,665.50 to a dollar as at February 23, 2024 on the Nigerian Foreign Exchange Market (NAFEM), indicating a depreciation of more than 253.6 per cent over the eight-month period. The forex crisis is also stoking inflation, and coupled with high energy costs, purchasing power has continued plummet, stifling demand for goods.

Speaking on the impact of this development on the manufacturing sector, Director General, MAN, Segun Ajayi-Kadir, said: “There are reports that across the board, many warehouses and plants of many manufacturing firms are stockpiled with unsold goods manufactured last year. “The development is as a result of the devastating effects of the exchange rate crisis, inflation, fake and sub-standard goods, smuggling and other macro-economics challenges.”

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