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Okpebholo To Give Interest-free Loan To Edo Traders

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Edo State Governor, Monday Okpebholo, has revealed plans to give out interest-free loans to traders across the three Senatorial Districts to help boost their businesses.

Okpebholo disclosed this at Government House while addressing members of the Edo State Association of Commodity Market Women and Men (ESACM).

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In a statement signed by Fred Itua, Chief Press Secretary to the Governor, Okpebholo was said to have emphasized his administration’s commitment to enhancing the livelihood of Edo citizens and ensuring sustainable economic growth through empowerment of traders, businessmen, and women who play major roles in the economic development of the State.

READ ALSO: Okpebholo Set To Revive Moribund State-owned Transport Company

He noted that the free-loan initiative was aimed at providing much-needed financial support to Edo traders, ensuring that they have the resources to expand their businesses without the burden of daunting interest rates.

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“Early in January 2025, we shall begin to provide interest-free loans to Edo traders. Our traders are the backbone of our economy, and we must support them with the needed capital to help boost their businesses and improve the State’s economy.

“The interest-free loans that we are starting next year in January will help empower our traders, enhance growth, development, stability, and improve the livelihoods of the people,” Okpebholo stated.

The Governor also outlined plans by his administration to revolutionize the agricultural sector through mechanized farming.

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READ ALSO: Okpebholo Names New Chairman For Edo Sports Commission

He said: “In the same January 2025, we are going to start massive mechanized farming in Edo State. We are poised to ensure that food is available to all, even in these challenging times.

“Agriculture is vital to our State’s economy. Investing in mechanized farming will boost food production, create jobs, and ensure food security for our people.”

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Responding, President of the Association, Mrs. Josephine Ebhaguejeze expressed gratitude for the Governor’s initiative, noting that it will be a game-changer for traders and farmers in the State and pledged the Association’s support and loyalty to the administration.

She said the Association will continue to work with the Government of Senator Monday Okpebholo in driving economic reforms in the State.

With this initiative, Edo State is on track to becoming a model for economic revitalization in Nigeria, paving the way for a prosperous future for all its residents. As the new programmes take shape, the State looks forward to reaping the benefits of enhanced productivity and financial independence for its traders and farmers alike.”

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The mechanized farming initiative is expected to attract investments and partnerships with agricultural companies, as it would further enhance the State’s capacity for large-scale farming and repositioning the economy.

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Sanwo-Olu makes U-turn, Unblocks Lawyer Who Sued Him Over Blocking On X

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Lagos State Governor, Babajide Sanwo-Olu, has unblocked human rights lawyer, Festus Ogun, on X after a meeting with him at Lagos House, Marina, on Friday.

The lawyer, who had accused the governor of rights violations, announced the development in a post on his X account on Saturday.

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According to him, Sanwo-Olu personally invited him for a brief meeting to address his complaints.

Lagos Governor Babajide Sanwo-Olu has unblocked me on X (Twitter). I met briefly with him yesterday at Lagos House Marina, on his invitation, to amicably resolve my complaint of human rights violations. We will continue to hold authorities accountable, regardless. Aluta continua!” Ogun wrote.

READ ALSO:Lawyer Sues Sanwo-Olu For Blocking Him On X

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Tribune Online reports that Ogun had earlier filed a suit against Sanwo-Olu at a Federal High Court in Lagos, accusing him of violating his fundamental rights by blocking him on his verified X account.

In the suit marked FHC/L/CS/1739/25, which he shared on Facebook, the lawyer claimed the governor blocked him over his 2021 “constructive criticisms” and “demand for accountability” on the October 2020 #EndSARS killings.

In 2021, I noticed that the Governor blocked me on his official X handle @jidesanwoolu owing to my constructive criticisms of his policies and demand for accountability in respect of the October 2020 #EndSARS Massacre.”

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READ ALSO:‘Court Of Corruption’ — Obasanjo Knocks INEC Chairman, Judiciary In New Book

Ogun said the action has prevented him from accessing vital government updates and information.

“Blocking me on X has prevented me from accessing public updates and receiving information about policies and governance in Lagos, which constitutes a violation of my right to receive information without interference,” he said.

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In his originating summons, he asked the court to declare the move unconstitutional, arbitrary, and discriminatory.

 

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Tragedy Deepens As Prime Suspect in Taraba Student’s Death Found Dead

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The investigation into the death of Comfort Jimtop, a 100-level Mass Communication student at Taraba State University, has taken a dramatic turn following the discovery of the lifeless body of Emmanuel Kefas, the prime suspect in the case.

Kefas’s body was discovered on Friday in the Tudiri community, Ardo-Kola Local Government Area, under unclear circumstances, intensifying public concern and adding a tragic dimension to a case that has already gripped the university community and residents across Taraba State.

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Confirming the development on Saturday, the spokesperson for the Taraba State Police Command, James Lashen, said the police received a report from the village head of Tudiri about the discovery.

READ ALSO:Army Kills Notorious Bandit, Babangida, In Kogi

A lifeless body was found in Tudiri, and a Tecno Android phone was recovered beside it,” Lashen stated.

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Upon charging the phone, investigators found a photograph showing the deceased with the late Comfort Jimtop, suggesting they were in a romantic relationship.”

Lashen added that the body has been taken to the Federal Medical Centre (FMC) in Jalingo for autopsy. At the same time, efforts are ongoing to officially identify the remains through the suspect’s family.

READ ALSO:Four Feared Killed As Gunmen Attack Burial Ceremony In Anambra

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Police have yet to determine whether Kefas’s death was the result of suicide, homicide, or an accident. Investigations into both deaths are continuing.

Comfort Jimtop’s mysterious death had earlier sparked outrage on campus and across the state, with students and rights groups demanding justice. Kefas was named a prime suspect in the case, which remains open.

This latest development has left many unanswered questions and deepened the grief surrounding the case.

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Students, residents, and civil society groups are closely monitoring the situation, calling on authorities to ensure a thorough investigation and bring clarity to the tragic chain of events.

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Ossiomo, Chinese Impasse: This Is Our Story — Management

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The management of Ossiomo Power Plant has cleared the air on the dispute between its Chinese partners and the circumstances surrounding the shutting down of the power plant early this month.

Representative of Ossiomo management, Engineer Festus Evbuomwan, during an interactive session with customers on the impasse between the two partners, said contrary to the rumour making the rounds, the management of Ossiomo Power Plant had paid over ₦2bn to its Chinese partner — Jiangsu Communication Clean Energy Technology (CCETC) — since the power plant started operation.

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Recall that representative of CCETC who identified himself as Mr. ‘W’ had, during a telephone phone interview two weeks ago, claimed that “instruction to shutdown was because we lost lots of money and did not get any return on investment,” adding that “all the $20m investment was done by us including the distribution lines.”

But Evbuomwan during the interactive session, said the management was not aware of the $20m investment the Chinese partner claimed, just as he disclosed that “when they generate power, we sell and pay them.”

READ ALSO:Edo Govt Denies Shares As Ownership Tussle Rocks Ossiomo Power

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He disclosed that after shutting down the power plant, the Chinese partners came up with a request of ₦185m to be paid to two Chinese not known to the management, stressing that this was declined.

According to him, the Chinese partner, having seen how lucrative the business is, “went to some quarters and raised some issues probably thinking they can manoeuvre us with the help of some big persons, so that they can use their machines to generate power and sideline us but this is not possible.”

The Chinese partners also claimed that they borrowed $20m from their native land to invest, we are not aware of such investment, and we do not know where the money was invested up till now.

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“They have been also saying they have not been receiving anything, but I want to tell you unequivocally that first, the partners run a joint account where their investment is going into. More so, The Chinese partners have received over ₦2bn so far for the power they generate with their machines. When they generate the power, we sell and pay them.”

READ ALSO: Five Years After, Edo Govt Reconnects To BEDC As Ossiomo Shut Down

Engr. Evbuomwan, while apologising to customers for the power outage caused by the dispute between the two partners, said Ossiomo had started power generation though not in full capacity, assuring that power generation would be fully restored soon.

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“We have purchased turbines, and one have started working. They are working on the second one, so, by the time our five turbines start working we will be in full capacity. Even with that, those connected to the government may not be reached immediately. This is because the government bought the poles and contracted the wiring, and we cannot force the government to do our bid. Also, we are making efforts to site 33kva transformer along Airport Road and Lagos Road as soon as possible, so that our customers there will get power.”

He said the Edo State government does not have a stake in the company, just as he appealed to the “government to let us supply power to customers in through their Lines. I want to emphasise that Ossiomo is not completely shut down.”

He further urged the “government to encourage the Nigerian citizens to invest and not to work against local investors.”

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