Business

The Social Democratic Party (SDP) has vehemently denied reports of a mass defection of its members to the ruling All Progressives Congress (APC) in Ondo State, labeling the claims as "desperate" and "fabricated." In a strongly-worded press statement released today, the SDP accused the APC of creating a false narrative ahead of the upcoming gubernatorial elections in the state. The controversy stems from recent reports suggesting that "over 100 SDP members" had switched allegiance to the APC, a claim the SDP insists is unfounded. Oyeniyi Iwakun, Strategic Communications and Media Adviser to the SDP Governorship Candidate, challenged the APC to…

PUBLIC OPINION POLLS ASSESSMENT OTUNBA (AMB.,DR.) BAMIDELE AKINGBOYE: SDP CANDIDATE IN EARLY LEADA Professor of Political Science and Doctor of Politics and Corporate Governance, and a popular Media Political Analyst, Prof. (Prophet, Dr.) Joshua Foluso Oguntuase has analysed, rated and graded the activities on electioneering campaigns of the participating parties and candidates since 19th June, 2024 when INEC affirmed the commencement of campaigns in public ahead of the Ondo State Governorship Election holding on Saturday November 16, 2024.Recall that INEC emphasised that Ondo State Governorship Election would hold on Saturday 16th November, 2024; though extendable to Saturday 24th January 2025…

The Hausa community in Akure, particularly residents of the Shasha area, has made an urgent appeal to Otunba Bamidele Akingboye (OBA), the Social Democratic Party (SDP) gubernatorial candidate for Ondo State, for immediate assistance with their severely deteriorated road infrastructure. Residents stopped Akingboye's convoy as it passed near the area, drawing attention to the critical state of their roads. The situation has become so dire that there is effectively no access to Shasha and its cattle market. Sources report that a truck has been stuck in the area for over two days, unable to navigate the treacherous road conditions. The…

In a groundbreaking move set to illuminate the lives of thousands, Ondo State has taken a decisive step towards solving its long-standing power woes. The state government has granted a pivotal distribution license to ANYIGBA INDEPENDENT ELECTRICITY DISTRIBUTION NETWORK, paving the way for reliable electricity supply across four local government areas in the Ondo Southern senatorial district. Effective July 22, 2024, residents and businesses in Irele, Okitipupa, Ilaje, and Ese-odo local government areas will witness the dawn of a new era in power distribution. This landmark decision marks a significant milestone in Ondo State's commitment to infrastructural development and economic…

Otunba Bamidele Akingboye (OBA), a leading governorship aspirant and prominent figure in Ondo State's political landscape, is mourning the loss of a revered leader and pioneer chairman, Dr. Lucas Gbakinro, whose sudden passing has left a significant void. In a statement released today and signed by Oyeniyi Iwakun, OBA's Strategic Communication Advisor, OBA paid tribute to the late party stalwart, describing him as "a fountain of wisdom and a pillar of strength for our party."Baba Gbakinro's loss is an immeasurable blow, and his guidance will be sorely missed," OBA lamented. "We have lost a true statesman and a champion of…

Otunba Bamidele Akingboye (OBA), the leading gubernatorial aspirant for the Ondo State People's Democratic Party (PDP) and renowned Nigerian businessman and entrepreneur yesterday met with leaders of a Chinese business consortium in his bid to advertise possibilities and opportunities for new businesses in Ondo State. The meeting with Messers Jason Zhu and Roland Guan, influential Chinese investors, centred on Akimgboye's vision to transform Ondo State into a thriving polity through the proposed Ondo State Mega City project. Akingboye said his plan is to revolutionize the state's urban landscape, creating a world-class hub for business, technology, and innovation and so will…

In an era where misinformation spreads like wildfire, the saga of the purported "sheafra" currency for East Africa serves as a cautionary tale of how easily fiction can masquerade as fact in the digital realm. What began as a seemingly innocuous social media post quickly metamorphosed into a viral phenomenon, capturing the imagination of millions and leaving authorities to douse the flames of rumor with cold, hard reality. The catalyst for this whirlwind of misinformation was an account on X, the platform formerly known as Twitter, bearing the moniker "Government of East Africa" and adorned with a coveted grey tick,…

Top financial leaders descended upon the historic city of Marrakesh this week for once-in-a-generation meetings that symbolize both Africa's economic potential and its complex challenges after decades of poverty. The Annual Meetings of the International Monetary Fund (IMF) and World Bank Group - being held in an African country for the first time in 50 years - bring key figures like IMF Managing Director Kristalina Georgieva and World Bank President David Malpass to the continent they pledge to empower.   “A prosperous world economy in the 21st century requires a prosperous Africa,” said Ms. Georgieva, speaking last week in the Ivory…