Ogun West indigenes storm govt house to make demands from Gov Abiodun

By Ikechukwu Okaforadi

Indigenes of Ogun West stormed the Oke Mosan office of Governor Dapo Abiodun on Wednesday to make known their demands ahead of the inauguration of his second term in office.

The group, under the aegis of Yewa Defender Organisation, congratulated Abiodun on his second term victory, noting that all the five local governments in Ogun West voted for him.

Abiodun won in Ipokia, AdoOdo/Ota, Yewa South, Yewa North, and Imeko-Afon local government areas during the March 18 gubernatorial election.

The Ogun Westerners said despite their total support, theirs is the only senatorial district lagging behind in developmental projects in the state.

According to them, their visit to Gov Abiodun’s office was to inform him of the need to pay the zone the necessary attention it deserves in his second term, especially after showing him so much love during the last election.

With banners in their hands, they gathered at the Deputy Governor’s Wing of the state secretariat to make their demands.

Speaking on behalf of the group, Mr Akeem Ayeteru said Yewaland had been underdeveloped to the detriment of its socio-economic development.

Ogun West is the only senatorial district that has yet to produce a governor of the state.

Ayeteru, a retired immigration officer, said Ogun West, despite being the industrial hub and the government’s cash cow, has been denied basic amenities like roads, hospitals, and educational institutions from time immemorial.

He called on Gov Abiodun to correct the age-long imbalance.

He also expressed concern over erratic power supply and incessant clashes between Fulani herders and communities in the area, which have claimed many lives in the region.

CBN revokes licences of 139 microfinance, primary mortgage banks

From Abubakar Yunusa

Abuja

The Central Bank of Nigeria (CBN) says it has revoked the operating licences of 132 microfinance banks, three finance companies, and four primary mortgage banks.

Godwin Emefiele, governor of the apex bank, revoked the licences of the institutions an official gazette of the federal government said.

Emefiele revoked the licences in exercise of the powers conferred on CBN under section 12 of the Banks and Other Financial Institutions Act (BOFIA), 2020, Act No. 5.

The gazette noted that the revocation list was published in accordance with the BOFIA 2020, Act No 5.

The respective firms have ceased to carry on, in Nigeria, the type of business for which their licences were issued for a continuous period of 6 months,” the document reads.

“The firms have failed to fulfil or comply with the conditions subject to which their licences were granted; or failed to comply with the obligations imposed upon them by the Central Bank of Nigeria in accordance with the provisions of Banks and Other Financial Institutions Act (BOFIA) 2020, Act No. 5.”