Author: Optimal Times

By Our Editor  There is growing apprehension in the manufacturing and aviation sectors that the rising costs of diesel and aviation fuel will lead to the total collapse of more industries and airlines operating in the country. In Kano, Ogun, Edo, Delta, Kogi, Lagos, and Kwara states, the Manufacturers’ Association of Nigeria disclosed this to journalists on Wednesday that many factories were closing down because of rising cost of diesel. The national body of the association warned that more factories would be shut if the diesel price increased to N1,500 from the current N1,000. Between June and October this year,…

By Our Reporter  A London-based educationist, Dr Adetunji Adeosun has lauded  President Bola Ahmed Tinubu for re-introducing students’ loan in the country He said this is the right button to press if the Nigerian education sector must be revamped and resuscitated. It is the best way to encourage and inspire ambitious Nigerian youths. It will also minimize ‘japa syndrome’. While making more clarification, he submitted: “Education is not cheap, in most developed countries, students’ loans help to support and improve the quality of education. There should be no fear about students absconding with the loan because the world is a…

…As Adenikinju becomes Society’s President From Bukayo Agboluaje, Ibadan The Nigerian Economic Society {NES}, has called on the Federal Government not to leave the Nigerian Economy to free market forces, saying instead, a developmental state is needed to transform the economy. This also came as the immediate past Head of Department of Economics, University of Ibadan, Prof. Adeola Adenikinju,  was elected as the President of NES for the period of 2023 to 2025 at the 64th annual conference of the society. The society made the call in its communiqué  at the end of the end of the conference,…

By Our Editor  The Oyo State High Court sitting in Ogbomoso,  on Wednesday, nullified the appointment of the new Soun of Ogbomoso, Oba Ghandi Olaoye. The Oyo State Government announced Pastor Ghandi Olaoye as the new Soun and was  made  Soun on September 8,  2023. It would be recalled that  one of the contestants,Kabir Laoye who was sued for taking Soun’s position, , had appealed that Ghandi Olaoye was not eligible to take Soun’s position. The court ordered at that time that the Oyo State government must not appoint anyone to the position, until  judgment is delivered on…

By Odunayo Agboluaje  Oyo State government, through the Ministry of Education, Science and Technology, has expressed its readiness to partner Odu’a Investment Foundation on its flagship Digital Education for Innovation and Economic Development (DEFINED) Project,  to promote the digital education and inclusive innovation among the Secondary School Students in the state. The Commissioner for Education, Science and Technology,Prof Salihu Adelabu made the disclosure at the launch of Digital Education for Innovation and Economic Development (DEFINED) organized by the Odu’a Investment Foundation, held at  the Lagos Airport Hotel, Ikeja, Lagos. Prof. Adelabu explained that the Ministry is planning to have an…

The Federal College of Forestry in Ibadan has been shut down by the management of the institution until further notice. The institution was shut down over the clash that occurred between the staff and students of the institution and some operatives of the Economic and Financial Crimes Commission (EFCC). Dele Oyewale, EFCC Head of Media and Publicity, in a statement made available to journalists on Wednesday, stated that seven operatives of the Ibadan Zonal Command of the commission on a routine verification exercise of a surety, Azeez Kazeem Oluwakemi, were attacked and held hostage by staff and…

By Odunayo Agboluaje  A Professor of Law and Senior Advocate of Nigeria,  Adeniyi    Olatunbosun, has called on the Federal Government to look at the academic community to appoint more justices to have a full complement of 21 Justices  at the Supreme Court.  The Supreme Court has 10 Justices which is short of 21 expected to be at the apex court.  Prof. Olatunbosun, who is the Vice Chancellor of KolaDaisi University,  Ibadan,  said: ‘’Appointing Justices from the academia is not new; we have had it in the past. Justice Teslim Elias was appointed from the University of Lagos. The…

…UMeRA urges youths to participate in nation building The Chairman, House Committee chairman on Youths, House of Representatives Abuja, Hon. Olamijuwonlo Alao-Akala, has, urged Nigerian youths to keep pressing for local government autonomy, saying without LG autonomy, there can never be development in the country. Alao-Akala, a son of former Governor of Oyo State, Otunba Adebayo Alao-Akala, made the call during the second edition of the UMeRA Boost conference which held at International Conference Centre, University of Ibadan. The programme, which had the theme:”Africa Made for More”, was organised by UMeRA Business School, Ibadan, for the youths and youths at…

Justice Ladiran Akintola of the Oyo State High Court, sitting in Ibadan has adjourned till November 4, 2023, commencement of trial in a case of alleged stealing preferred against Obakin Emmanuel Ajibola. Ajibola is standing trial on four -count charges bordering on stealing to the tune of N251, 685, 000 (Two Hundred and Fifty One Million, Six Hundred and Eighty Five Thousand Naira), preferred against him by the Ibadan Zonal Command of the Economic and Financial Crimes Commission, EFCC. One of the charges reads: “That you Obakin Emmanuel Ajibola, adult, male sometime in December, 2022 at Ibadan within the jurisdiction…

Yoruba Council of Elders {YCE} and the Christian Association of Nigeria {CAN},on Monday, berated a northern Islamic cleric, Sheik Abubakar Gumi, over comments that undermine security of the country and occupation of the office of the Minister of the Federal Capital Territory {FCT} by a Southerner and a Christian. The Secretary-General of YCE, Chief Oladipo Oyewole and the Oyo State Chairman of CAN , Apostle Joshua Akinyemiju, in separate releases made available to The Guardian in Ibadan, carpeted the cleric for making inciting statement. The Oyo State Chairman of CAN , Apostle Akinyemiju,said: ‘’The cleric, Sheik Gumi has continued to…