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I Will Compete All Outstanding Projects – Fayose Assures

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Governor of Ekiti State, Ayo Fayose has reassured the people of the state that he would complete all pending projects before his tenure expires on October 16.

The Governor cited in particular the multi billion Naira ultra modern market nearing completion at the capital of the state, Ado Ekiti.

He assured that the over 600 traders, who were displaced when the old market was demolished, would be first considered in sharing the new shops.

This was just as hundreds of Ekiti people, particularly indigenes of the state capital, Ado Ekiti, hailed him endlessly as he made his entry into the annual Udiroko festival being celebrated by the monarch of the city, Oba Aladesanmi Adejugbe, and the people of Ado.

Governor Fayose while addressing the teeming Ado indigenes at the Udiroko festival that took place inside the amphitheatre in Ewi’s palace on Tuesday, appreciated the people of Ado Ekiti in particular for solidly supporting his government.

He promised to keep in touch with them even after he has left office saying: “In and out of office we will continue to celebrate you. I appreciate all of you Ado Ekiti indigenes. And thank you immensely for your support.

“We appreciate our own priceless Afe Babalola. You are not just a value added citizen, you are the value itself . you are a valuable citizen of Ado Ekiti.

“Anyone who comes to this palace of the Ewi will remember me as the governor who built this amphitheatre. I told you that I will perform and you have seen my performance.

I will ensure that all those who were displaced when we demolished the old market are first considered in sharing the shops in the new ultra modern market which we will complete in few days.

“I appreciate you all Ado indigenes, you had stood solidly behind us and I want you to stand solidly behind the Ewi of Ado after we have left office. My good works for you will bring me good fortunes.

“Even if my deputy was announced as the winner, I have an expiry date as governor of the state. It is not the man who governs that matters but what he has done for the people. History will judge me well on my performance as I have delivered on my mandate. I will ensure to work assiduously for the state till my last day in office.”

Lauding Governor Fayose for the developmental strides he gave to the capital city, the Ewi of Ado said: “Generations yet unborn will appreciate what you did for Ado Ekiti.

“Fayose has demonstrated consistency. He promised to turn around Ado and he has indeed turned around the town. Ado is now a befitting state capital.

“He said he was coming to deliver and he has delivered.

“When he said he was going to build this palace ampitheatre, I laughed because I never believed. But he did not only build the amphitheater as promised, he added a befitting hall to it.

“For ever and ever, your name will be remembered in the history of Ado Ekiti.

“As you will be living, I will pray the same prayer for each governor that comes here. You will not lose your wife and children.”

Also lauding Fayose, Afe Babalola,:founder of Afe Babalola University who is an indigene of Ado said: “we had been working here in the Ewi’s palace before Governor Fayose came, but what he did here within three years is unparalleled.”

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Amaechi was behind plot to destroy CJN, says Wike

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Governor Nyesom Wike of Rivers State, has said that the Minister of Transportation was behind the plot to destroy the Chief Justice of Nigeria, CJN, Justice Walter Onoghen.

Governor Nyesom Wike of Rivers State, has said that the Minister of Transportation was behind the plot to destroy the Chief Justice of Nigeria, CJN, Justice Walter Onoghen.

“He wants to destroy the nation’s judiciary.  This particular evil will finally consume Amaechi.” The governor wondered why Amaechi would say that PDP was a party of thieves when he was Speaker for eight years under the PDP and eight years as governor under the PDP.

Reacting to Wike’s accusation, an APC Chieftain, Prince Tonye Princewill, said “People have learnt to disregard what Wike says and this gibberish is no exception.

“Many of us can remember when he called a press conference over missing money in Ikeja, Lagos and his ultimatum to the Federal Government. The man is not worthy of a considered response.

Good luck to anyone who takes him seriously.”

Read more at: vanguardngr

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RANKING: Best and worst performing banks of 2018

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The year 2018 has been very challenging and equally eventful for the Nigerian banking sector. Skye Bank morphed into Polaris Bank, while Access Bank and Diamond Bank are fixing the bolts and nuts of the biggest banking deal of 2018.

The banking sector, which controlled trillions of naira in market value and transactional strength in 2018, also had a bleeding year, as many of the listed entities had massive declines in share price and market capitalisation.

The biggest bank in Nigeria, by market cap, for 2018 is Guaranty Trust Bank (GTB), with a year-end market cap of over N1 trillion at the Nigerian Stock Exchange (NSE).

Unity Bank had the smallest market cap by the end of the year, but had a drastic increase in market value, with a 109.8 percent increase in share price, to lead the pack as the best performing bank at the exchange for 2018.

Access Bank, on its way to becoming Nigeria’s largest bank, come 2019, had the worst year, in terms of market value, shedding 35.05 percent of its share price in 365 days.

Since the Herbert Wigwe-led bank made the move to acquire Diamond Bank, the latter has gained more than 45 percent in market value, becoming the bride of the Nigerian bourse.

The ranking above is basically driven by market forces and share value, it does not directly take into account corporate governance issues, non-performing loans (NPLs), and other management factors.

By market cap, the leading banks for 2018 are GTB, Zenith Bank, Stanbic IBTC, Ecobank and First Bank of Nigeria.

Banks not listed on the Nigerian Stock Exchange (NSE), such as Keystone Bank, were not taken into consideration while compiling this list.

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We Are On Mission To Rescue Nigeria From Greedy Few – Buhari

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President Muhammadu Buhari says his administration is on a mission to rescue the nation’s resources from being appropriated by “a privileged few in their never-ending quest to satisfy their greed”.

The President stated in his New Year message to Nigerians which was issued by his Special Adviser on Media and Publicity, Mr. Femi Adesina, in Abuja on Monday.

To this end, the president said the All Progressives Congress-led Federal Government had resolved to build a country in which the resources were utilized for the benefit of citizens, irrespective of their socio-political affiliations.

He said: “That is the journey we have embarked on since we came on board in 2015, and we are not distracted as we move on.

“We are resolved to build a country in which the resources are utilized for the benefit of the largest number, and not appropriated by a privileged few in their never-ending quest to satisfy their greed.

“We are on this mission together, and I assure you of a firm commitment to the ideals of a safe, secure, fair, just and prosperous country.’’

According to him, Nigerians desire peace, security, prosperity, inclusiveness and infrastructure development, a nation they can be proud of, a country that can hold its own among the nations.

He, however, stated that those who continued to trumpet falsehood and negativity were on their own, fighting a losing battle.

He noted that “the greater number of Nigerians are trusting and believing that we shall deliver on our promises for a level playing field at the polls, and that is what we shall do’’.

He, therefore, reiterated his promises and declarations that the general elections would be free, fair and credible.

“Elections need not be done or die affair, and we should not approach that eventuality in a democracy with trepidation and mortal fear.

“Happily, a large number of presidential candidates have committed to peace, and peace we shall have,’’ he added.

President Buhari acknowledged that the country had its challenges; ranging from security, economic, political to social, but the government had resolved to combat and overcome them all.

He, therefore, expressed the hope that Nigerians would renew the mandate they overwhelmingly gave the APC in 2015, for another term.

“I appreciate your support and collaboration in previous years, and look forward to same in 2019, and beyond, as I hope you will renew the mandate you overwhelmingly gave us in 2015, for another term.

“We are motivated by nothing other than service to the motherland, and service without selfishness or personal interest.

“I can assure you all that we are making steady and sustainable progress in all areas of national life. Those who are unbiased can see and appreciate the progress the country has made since 2015.

“A New Year provides an opportunity for renewal of commitment, and I invite you to rededicate ourselves to the vision of a Nigeria that works for all.

“We are moving from potentials to actualization, and it’s a task to be accomplished by us all; man, woman, young, old, military, civilian, all Nigerians. Please come along, as we journey to the land of our dreams. Happy 2019,’’ he said.

 

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