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PICTORIAL: Osun Traditionalists Unveil N200m Temple

Published

2 years ago

May 21, 2024

Editor

Ile Ajuba Idin Ileke Temple in Osogbo.

Far-famed Osogbo-based Ifa priest, Chief Ifayemi Elebuibon, on Tuesday, demanded recognition for African Traditional Religion, saying such official recognition from the government has been long overdue.

Elebuibon spoke in Osogbo at the official unveiling of an N200 million Idin Ileke Temple, a place of worship by traditionalists in the Atelewo Area of Osogbo.

The edifice, which is to serve as a place of weekly worship and other ceremonies for the adherents of different deities, has a hall with solar panels and designated places for placing atonement.

The adherents are to meet at the hall on Saturdays for service.

Elebuibon said ATR remains the most enduring, a uniting cord binding Africans together long before the advent of religion on other continents of the world.

He said, “The Federal Government must recognise that the African Traditional Religion is our only means of cultural identity. Besides, if it is properly recognised, it can generate revenue in billions of dollars for the country’s economy.

“This building is the first of its kind in the country. It is our moderate contribution to traditional religion with a view to enriching our heritage as a people.”

Speaking on behalf of the building committee, Ogundeji Elebuibon, said funds were raised for the project through voluntary donations by the traditionalists in the state and some of their apprentices across the globe.

Elebuibon, who served as the Treasurer of the committee further said, “We raised funds for this project through donations by adherents of traditional religion in the state and beyond. We have godchildren all over the globe and they all contribute money and send to us.

“We spent about N200m on this project and the construction work was completed within 22 months.”

Speaking on the temple’s significance, he said, “This project is significant. With this kind of place of worship, we won’t lose more members to Western religion. It is important for us to have a place where we can worship Olodumare. It will keep our members together. We have our worship on Saturdays from 10 am to 12 pm.”

The PUNCH had reported that Elebuibon urged Kwara Muslims and Isese devotees to allow peace reign in the case involving activist Adegbola Abdulazeez, a.k.a. Tani Olohun.

Abdulazeez was arrested on August 16 in Ibadan and transferred to the Kwara State Police Command for allegedly insulting the Emir of Ilorin, Alhaji Ibrahim Sulu-Gambari, and some prominent Muslim clerics.
PUNCH

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

3 hours ago

May 6, 2026

Editor

Lazio midfielder, Fisayo Dele-Bashiru is a subject of interest from three Premier League clubs, according to Sky Sports.

Lazio reportedly rejected offers from Nottingham Forest and Bournemouth for the Nigeria international in January.

La Biancolesti are bracing for more interest in Dele-Bashiru ahead of the summer transfer window, according to Sky Sports.

The 24-year-old has two years left on his contract with the Serie A club.

The attacking midfielder joined the Rome-based club from Turkish Super Lig outfit Hatayspor in 2024.

He has been a regular feature for Lazio this season.

News

Xenophobic Attacks: Nigerian Students To Picket MTN, MultiChoice, Other Businesses

Published

3 hours ago

May 6, 2026

Editor

The leadership of the National Association of Nigerian Students, NANS South-West Zone D, has announced plans to picket South African companies in Nigeria following the ongoing xenophobic attacks in the country.

DAILY POST reports that some Nigerians were recently killed in South Africa over the violent attacks.

A statement issued to newsmen by Comrade Adeyemo Josiah Kayode, Coordinator, NANS South-West, Zone D, said that the association is mobilizing to take decisive and lawful action by organizing peaceful picketing and mass advocacy against South African business interests operating in Nigeria.

“We categorically state that the continued targeting of Nigerians under any guise is unacceptable and must come to an immediate end.

“This will include major corporations such as MTN Group and MultiChoice Group. It is morally indefensible for businesses to thrive in an environment where the lives of Nigerians are protected, while Nigerians are subjected to fear and violence elsewhere.

“This contradiction will no longer be tolerated,” the statement said.

News

N5m, N10m Zero-interest Loans: SheVentures Opens Applications For Women Entrepreneurs

Published

5 hours ago

May 6, 2026

Editor

First City Monument Bank (FCMB) has opened a new round of applications for its SheVentures proposition, offering zero-interest loans of up to ₦10 million to women entrepreneurs to ease access to working capital and support business growth.

The facility provides loans ranging from ₦500,000 to ₦5 million under a general category, and ₦5 million to ₦10 million for sector-specific businesses, with funding capped at up to 50% of an applicant’s average monthly turnover.

At the centre of the offering is a 0% interest rate, with all charges embedded in a transparent structure.

Repayment is structured over four or six months, allowing businesses to match obligations with their cash flow cycles.

Yemisi Edun, Managing Director and Chief Executive of First City Monument Bank (FCMB), said the initiative reflects a deliberate approach to inclusive growth.

“Inclusive growth requires access to capital and the right conditions for businesses to deploy that capital effectively.

“Women-led enterprises are critical to economic activity, yet they face structural barriers.

This intervention aims to help close that gap by providing financing that supports job creation, business expansion, and long-term sustainability for women entrepreneurs.”

“Access to affordable finance remains a major constraint for women entrepreneurs,” said Nnenna Jacob-Ogogo, Group Head, SheVentures and Impact Segments at First City Monument Bank (FCMB).

“By removing the cost barrier and offering quick, flexible funding, this zero-interest loan is designed to safeguard existing jobs, enable businesses to invest in growth initiatives, and foster resilience in challenging economic conditions.”

Women-owned businesses account for a significant share of Nigeria’s small and medium-sized enterprises but continue to face high borrowing costs and limited access to credit.

Through these efforts, SheVentures tackles persistent financing gaps facing women-led businesses, combining targeted funding with broader support to empower women entrepreneurs, encourage business innovation, and enhance their ability to compete on a national scale.

Applications for the zero-interest loan are now open.Apply now.