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Dele Momodu Makes Case for Osun As a Strong Investment Destination

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By Eric Elezuo

Notable media entrepreneur and Chairman, Ovation Media Group, Aare Dele Momodu, has declared Osun State as a strong investment destination, with evidential circumstances that set it apart among a comity of states.

The veteran journalist made the revelation at the just concluded Osun Industrial Investment Summit, held in Osogbo, the state capital, where he was the guest speaker.

He eulogised the state as the cradle of the Yoruba nation as well as the heartland of South Western Nigeria, blessed economically and academically amongst other natural and developmental advantages.

Momodu further informed that the state “possesses a rich investment landscape across the sectors. From agricultural to mining processing to digital economy, the state of the living spring confronts potential investors with enticing possibilities. From the richly, European like Owalla dam for inland beach resorts to the mesmerizing Erin Ijesa waterfalls to the multi-billion dollar cultural assets, there is no better place to invest than Osun.”

Here’s a text of his full speech at the event, which had the state governor, Senator Ademola Adeleke, and other notable state officials in attendance.

“Osun State is the cradle of Yoruba nation, the heartland of South Western Nigeria. This is the cultural capital of highly developed Yoruba people with descendants in South and North America;

“Osun State is an economically and educationally rich state, boasting of huge solid mineral resources, highly literate  population, heavy multiple University presences, varied agricultural potentials and a billion dollar developing cultural industry;

“Osun is an unusually peaceful state within a turbulent but extremely great nation, a state that accepts non-indigene with open arms and support non-native business ventures and activities with native hospitality and patronage;

“Osun is a natural tech hub of the Federation as its sons and daughters dominate the tech innovation world and with the state already building a digital economy to tap into the acknowledged talents of young Osun tech enthusiasts;

“We are all gathered here to drum up support for inflow of investment into a state with an ambitious Governor, a widely traveled leader and a 21st century manager who is positioning the state as investors’ first choice within the comity of states;

“My pitching Osun today is not out of mere filial affiliation. I am Osun and Osun is me. But it is more than that. The case for Osun as an investment destination is strong and evidence based;

“The state possesses a rich investment landscape across the sectors. From agricultural to mining processing to digital economy, the state of the living spring confronts potential investors with enticing possibilities. From the richly, European like Owalla dam for inland beach resorts to the mesmerizing Erin Ijesa waterfalls to the multi-billion dollar cultural assets, there is no better place to invest that Osun;

“Beyond the natural investment potentials, I review trade logistics and I am confronted with appealing reality. One is the national railway line that traversed the heartland of the state. Then I saw the government masterplan for an international airport with a cargo terminal integrated alongside a free trade zone;

“Free trade zone? Yes. Airport of international standard?  Yes. Railway link directly to Apapa port in Lagos? Yes. Trade logistics and connectivity are top notch;

“What of internal infrastructure? Osun as a highly urbanized city is implementing a multi-sectoral , multi-billion naira infra upgrade across health, education, roads , water and environmental sectors. The major towns are construction sites alongside huge construction ongoing across the local governments to enhance rural – urban connectivity;

“As an investor, the destination is not ripe by possessing all the above. There must be something else which can actually tip the balance of decision making;

“Are there legal frameworks? Are there policy frameworks for the various sectors?

“Again, Osun beats all limitations with the state Governor running a battle of policy coverage for the state economy. From November 2022 to date, my investigation showed that the state has successfully established state policies covering several critical sectors;

“Aside the state Industrial Development Policy, Osun now has a state ICT policy, State Tech Innovation Policy, State Electricity Market policy, State Transport policy, State Mining policy among others;

“Investors thus have nothing to worry about in the area of policy frameworks. In many cases, the policies are being transformed into actual state legislations. This deepens assurance frameworks for investors;

“One of the biggest unique selling points for the state aside from all the above rare features is the Adeleke family, a dynasty with entrenched interest in the national economy and the entertainment world. The Governor and his family are in reality one of the biggest insurance and magnet for investors;

“To the diaspora population,  my charge is to make hay while the sun shines. Rush to Osun to take a piece of the pie;

“To the global investment community, Osun is a goldmine that has more than gold. As a globally traveled serial entrepreneur myself, Osun represents the first choice. No investor will regret putting his money into such a potentially buoyant state economy.

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Akwa Ibom Gov Clarifies, Says I Didn’t Appoint My Daughter First Lady

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Akwa Ibom State governor, Pastor Umo Eno, has refuted reports suggesting that he has appointed first daughter Mrs. Helen Obareki as the First Lady of the State following his wife death recently.

He clarified that his daughter was appointed as the Coordinator of the Office of the First Lady, a point he made clear President Bola Tinubu’s wife, Senator Oluremi Tinubu during her condolence visit.

Speaking at the All Nations Christian Ministry International, Eket, on Sunday, the governor explained that his decision was a natural outcome, not one motivated by political considerations.

The governor maintained that first ladies are not appointed. However, following the passing of his wife, it was appropriate and comforting for his daughter—who had been her mother’s closest assistant—to oversee and implement the programs of the office.

He noted that priority attention would be given to his late wife’s pet project, Golden Initiative for All (GIFA), as well as other support programs for women, the elderly, the vulnerable, and the less privileged. He added that these activities could only be sustained with Mrs. Obareki as coordinator due to her experience, exposure, education, and access.

His said: “Appointing our daughter, who had worked closely with her late mother, as the coordinator is not an appointment as First Lady. You don’t appoint a First Lady. The Office of the First Lady has responsibilities to the women of this state, and my wife had programs she was running—the GIFA, the support for the elderly, and other programmes.

“As long as I remain governor, those programs will not die. There must be a coordinator, and it must be someone I see on a daily basis, someone who can walk into my room and brief me, not a distant person.”

Governor Eno further explained that, by the appointment, his daughter would be addressed as the Senior Special Assistant to the Governor and Coordinator, Office of the First Lady, stating that this decision was one way to bring healing to the family and comfort to himself.

While expressing gratitude to the wife of the President, Senator Oluremi Tinubu, and her entourage, the governor also thanked the church for their words of comfort and encouraged them to find solace in the word of God.

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Glo Unveils Festival of Joy Promo, Rewards Customers with Toyota Prado, Kia Cars

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As the year begins to roll towards the festive end, Glo customers are in for a great time as the company on Tuesday unveiled a delightful new season of its Festival of Joy promotion. The promotion is parading Toyota Prado SUVs and other delectable prizes.

The end-of-year promotion, which began on October 1, will run until January 31, 2025, according to a statement released by Globacom in Lagos. The prizes up for grabs by customers include five Toyota Prado SUVs, five Kia Picanto vehicles, 15 tricycles, 150 power generator sets, 200 sewing machines, and 300 grinding machines.

The Glo Festival of Joy offer was packaged in keeping with the company’s pledge to empower Glo customers and make them happy as the holiday season draws near. Globacom explained that all consumer segments, including high net worth individuals (HNIs), professionals, business people, employees, and students, will find the incentives appealing.

The company also disclosed that it has chosen to spend enormous amounts to give its customers life-enriching prizes, at a critical time that other businesses are cutting expenses as a result of the current economic troubles.

Prize-presentation ceremonies will be conducted in various locations around the nation, including Lagos, Abuja, Ibadan, Port Harcourt, Enugu, Benin, Warri, thereby giving Nigerians in all parts of the nation the opportunity to win any of the incredible items up for grabs.

Globacom stated that both new and current customers  on the prepaid and postpaid platforms are eligible for the Festival of Joy promotion. “To be eligible for the draw, a customer must simply select the prize they want to win, opt into the promotion by dialing *611#, and recharge up to the required amount for that specific item during the promo period,” the statement read.

To be eligible to be drawn for any of the Prado, a subscriber is required to recharge up to N100,000 cumulatively during the promo period, while the requirement for the Kia Picanto is N50,000 cumulative recharge during the period. For the tricycle, the customer needs to recharge up to N10,000 cumulatively in a month, just as N5,000 total recharge in a month will qualify the customer to win a generator. For the sewing machine, a total recharge of N2,500 in a month is required, while a recharge of N500 in a day will be eligible for the draw for the grinding machines.

“All recharge types – physical and electronic – count towards the qualification. The higher the recharge amount, the higher the chances of winning,” Globacom concluded.

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Glo Celebrates Nigeria on 64th Independence Anniversary

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Globacom, digital solutions company, has congratulated Nigerians on the nation’s 64th independence anniversary.

In a statement released to commemorate the occasion, the company lauded Nigerians for their tenacity, industry, passion, patriotism, and enterprising spirit over the years, all of which have helped the nation persevere even in the face of hardship.

Globacom praised Nigerians who have consistently elevated the nation’s standing in a variety of endeavour and exhorted every Nigerians to adopt a mindset of excellence, dedication, diligence, and alertness to help the nation soar.

“Our people remain the country’s greatest assets,” Globacom noted and added that “there is a remarkable Nigerian making waves around the world in every field of human endeavor”.

It urged the youth, who comprise the majority of the population, to avoid vices and actions that can tarnish Nigeria’s reputation.

It reiterated its commitment to empowering its customers and advancing Nigeria’s development via the ongoing provision of top-notch telecommunications products and services at the most affordable costs

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