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Ogun Govt Signs MoU On Urban Renewal, Public Transportation With Britain

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The Ogun State Government has signed a Memorandum of Understanding (MoU) with Britain as parts of efforts to bring urban renewal and public transportation up to speed The MoU will cover modern strategies to be put in place to accommodate the expected population explosion in the state and to address its effect on public infrastructure, especially, transportation.

The Secretary to the State Government, Mr. Tokunbo Talabi, who signed on behalf of the State Government and a Counsellor and head of Future Cities Programme of the British High Commission in Nigeria, Guy Harrison, agreed that it has become expedient to be futuristic.

The partnership drive between the Ogun State and the British government is captured under a programme called “Future Cities Nigeria”, a UKAID-funded urban renewal programme. It has a timeline of three years.

According to the programme outline, UK will provide support for the Ogun State transport sector.

The British Government will also fast track housing and urban development in Ogun, which is currently facing the challenge of absorbing spillover of the population explosion in Lagos State.

Speaking at the MOU signing ceremony held at the Governor’s Office in Abeokuta, Mr. Talabi commended the initiative, saying it would complement the various efforts of the state government in its desire to plan for a common prosperous future for the people of the state and for physical infrastructure.

Talabi noted that the present administration was duly committed to providing the enabling environment for such partnerships to thrive seamlessly.

“We thank the British Government and the Future Cities Nigeria for these laudable initiatives targeted at planning towards the future in Ogun State. This level of support cannot be diminished because the Prince Dapo Abiodun led-administration is determined to change the narrative on how things are being done,” he said.

These, he said, can be seen in the various interventions of the state government in road rehabilitation efforts, the security of lives and property, as well as the ease of doing business strategies amongst many others.

“Our desire is to make Ogun State, a place where you could live peacefully, and work prosperously for the future” he noted.

Mr. Talabi reassured the partners that the present government would not just pay lip service to governance issues, but would continue to accelerate even development and stimulate rapid investments within the state through workable collaborations with Lagos State.

“Part of our effort in this direction is beginning to bear fruits with the setting up of the Lagos-Ogun Joint Development Commission. It is meant to accelerate inter-state collaboration. We are already intensifying effort on road rehabilitation, provision of potable water supply, amongst many other initiatives still in the offing,” he added.

The State chief scribe thereafter reassured the partners of government’s commitment towards the realisation of the project in the state for the well-being of the entire populace.

On his part, Mr. Harrison, who is the leader of the British Deputy High Commission in Lagos, said that the team was in the State to support the policies of the Prince Dapo Abiodun-led administration in order to fully maximise all the benefits of urban renewal and transportation available.

He promised that the support of the British Government for urban renewal and public transportation in the State would be total. The primary focus, he noted, would be to develop the capacity of the people and the state at large.

“The British High Commission is extremely delighted with the State government on the various policies on sustainable development, job creation, poverty reduction and many others targeted at giving the people a new lease of livelihood,” he added.

Also, the Team Lead for the Future Cities programme, Mr. Simon Gusah, underscored the importance of planning as a prerequisite to nation building.

He said there was an urgent need for government at all levels to start planning for future challenges ahead, noting that the initiative was predicated on inclusive prosperity for all.

Mr. Gusah contended that the programme represents a catalytic intervention aimed at leveraging international and British expertise towards improving trade and investments between Nigeria and the rest of the world.

He asserted that the programme has the potential to facilitate additional finance and improved opportunities for international and UK businesses in Ogun State.

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Federal Government Earmarks N827bn For Education Infrastructure In 2025 Budget

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Nigeria’s President, Asiwaju Bola Ahmed Tinubu, has announced that the Federal Government has disbursed a total of N34bn in loans to students studying at tertiary institutions across the country through the “Nigeria Education Loan Fund.”

The President made this statement on Wednesday while presenting the N49.7tn 2025 budget estimates to a joint session of the National Assembly. He also highlighted that the government has allocated N826bn for infrastructure development in the education sector for the 2025 fiscal year.

He stated, “Our administration has so far disbursed N34bn to over 300,000 students via the Nigeria Education Loan Fund.”

“In the 2025 budget, we have made provision for N826.90bn for infrastructure development in the educational sector. This provision also includes those for the Universal Basic Education and the nine new higher educational institutions.”

He continued, “We are convinced that Universal Health Coverage initiatives will strengthen primary healthcare systems across Nigeria. In this way, we have allocated N402bn for infrastructure investments in the health sector in the 2025 budget and another N282.65bn for the Basic Health Care Fund.”

“Our hospitals will be revitalised with medication and better resources, ensuring quality care for all Nigerians.”

“This is consistent with the Federal Government’s planned procurement of essential drugs for distribution to public healthcare facilities nationwide, improving healthcare access and reducing medical import dependency.”

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President Tinubu Targets N1,500 Per Dollar Rate In 2025 Budget Goals

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Nigeria’s President, Asiwaju Bola Ahmed Tinubu, on Wednesday, stated that the Federal Government aims to stabilise the exchange rate at N1,500 to the dollar to ensure the smooth implementation of the 2025 budget.

This marks a reduction of about N200 from the current rate of N1,700 to a dollar.

President Tinubu made this known while presenting the 2025 Appropriation Bill to a joint session of the 11th National Assembly in Abuja.

“The budget projects that inflation will decline from the current rate of 34.6% to 15% next year, while the exchange rate will improve from approximately N1,700 per dollar to N1,500. The base crude oil production assumption is set at 2.06 million barrels per day”, he said.

“The projections are based on the following observations: reducing the importation of petroleum products, increasing exports of refined petroleum”. He added.

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JUST IN: 32 Reportedly Die In Ibadan Children Programme Stampede

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At least 32 people have tragically lost their lives during a stampede at a children’s carnival in Ibadan, the Oyo State capital, in the early hours of Wednesday.

A statement from the Commissioner for Information and Orientation, Prince Dotun Oyelade, revealed that the stampede occurred at a private children’s funfair at Islamic High School, Basorun, resulting in the deaths of 32 people, mostly children, with some others sustaining injuries.

He mentioned that the state government promptly deployed a rapid response team to the site following the incident.

The commissioner confirmed that the victims have been transported to various hospitals across Ibadan for medical treatment.

While thanking the Commissioner for Health, Dr. Oluwaserimi Ajetunmobi, for quickly activating all available response teams to assist at the scene, Oyelade emphasized that the state government will do everything possible to support the victims of the stampede during this difficult time.

He noted that the sate government was not involved in the planning of the carnival, adding that the Ministry of Health was also not carried along in the organisation of the private end of the year children funfair.

Oyelade emphasised the importance of proper coordination when organising events of such magnitude, especially those involving children and elders.

“We are currently awaiting a detailed report from the Commissioner of Police to clarify the total number of victims involved in this unfortunate incident,” he said.

The commissioner urged parents who are concerned about the whereabouts of their children to check the following medical facilities in Ibadan where affected children were taken for proper medical attention, with a valid means of identification:

  • Patnas Hospital, Basorun
  • Western Hospital, Basorun
  • Ringroad State Hospital
  • Molly Specialist Hospital
  • University College Hospital (UCH)

“Oyo State Government extends its deepest sympathies to the families affected by this tragedy while also urging the public to remain calm and cooperative as relevant pieces of information are gathered and necessary supports arranged for the victims,” he added.

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