Group Accuses Oyebanji of Neglecting Healthcare, Infrastructure

. Oluyede vows to oust  Ekiti Gov, says PDP not dead

Gbenga Sodeinde in Ado Ekiti and Folalumi Alaran in Abuja

The Ekiti Progressives Assembly has accused the Ekiti State Governor Biodun Oyebanji’s administration of abandoning critical infrastructure and social services in the state despite reported growth in internally generated revenue (IGR).

This is just as  a  leading governorship aspirant of the Peoples Democratic Party ( PDP) in Ekiti state, Dr. Wole Oluyede, has vowed to unseat Oyebanji,, using the party, PDP that is currently being underestimated in the state. At a press conference held yesterday, the group said while government figures show that Ekiti’s IGR rose from about N650 million to N2.3 billion monthly in three years, placing the state among the top performers nationally,  the increase was not backed by sustainable economic growth.

According to the Assembly, the surge was driven largely by “intensified taxation” as 80 per cent of the revenue reportedly comes from personal income tax, leaving residents to bear the burden without commensurate benefits.

The Convener of the group, Mr. Babajide Alofe, and Secretary, Kehinde Oni Oloke, cited abandoned health centres in Iropora-Ekiti and Igede-Ekiti, and the poor state of the Ekiti State University Teaching Hospital, as evidence of government neglect.

According to them, “Symbols of broken promises lurk across the state. Citizens still lack access to functional health care, while communities are left with unroofed and dilapidated structures that were meant to serve them under this administration.”

The group also criticised the government’s handling of road projects, noting that while some projects were inaugurated, vital routes such as the Ado–Aramoko road remained in deplorable condition.

On education, the Assembly claimed that schools remained poorly equipped despite budgetary allocations. It also accused the government of favouring multinational agricultural interests in land disputes, particularly the controversy surrounding Agbeyewa Farms in Ikole, at the expense of local farmers.

The group dismissed government assurances of plans to renovate 100 health facilities in 2025 under the World Bank–supported IMPACT programme, insisting that many health centres remain non-functional.

“Ekiti deserves empowerment, not crumbs. This administration celebrates taxation as progress, while our children sit in broken classrooms and our hospitals remain locked,” the Assembly declared.

It urged youths, women, civil servants, and the media to hold the administration accountable, stressing that Ekiti State is at “a critical crossroads and must reject façade development backed by hollow rhetoric.”

Meanwhile, a  leading governorship aspirant of the Peoples Democratic Party ( PDP) in Ekiti state, Dr. Wole Oluyede, has vowed to unseat Oyebanji,, using the party, PDP that is currently being underestimated in the state.

Oluyede, who was received by a massive turnout  yesterday  in his ward at Ugele Arokun, Ikere Ekitia ahead of  2026 gubernatorial election in the state, insisted that PDP in Ekiti is alive and ready to challenge any political force and claim victory come 2026 Guber poll.

According to  him, “Every party has people leaving, that is politics. Political parties are free entry and free exit. If you disagree, you leave.

“But PDP is very much alive in Ekiti. I remember some people saying a few months ago that PDP is dead. Does it look like a dead party now? I told them, you should be careful of a deep, sitting or moving stream, you don’t know how deep it is.

“Our party in Ekiti has no problem. The people who have left PDP are those who couldn’t find their footing. They are very few and we know them. It doesn’t shake the foundation of PDP.

“I hereby declare my intention to run. PDP’s presence in Ekiti is clear, the deaf can hear, the blind can see. We’ll get to Oke-Ayaba in 2026. Ikere is ready to take its rightful place in Ekiti politics.”

The former Speaker of Ekiti State House of Assembly, Kola Oluwawole, equally urged the youths, aged and women to support  aspirant, saying only a positive transition can make Ekiti reclaim its leadership role among the subnationals in the country.

Also speaking at the rally, a former PDP national chairman in South-west, Chief Makanjuola, described Oluyede as the right choice for Ekiti, saying Ikere has the voting capacity to oust the incumbent Governor,  Oyebanji from office.

A leader of the PDP, Sehinde Daramola, also urged party members to desist  from running after incentives from the aspirant, saying this would not only taint their integrity but also affect Oluyede’s victory at the pool.

He lamented the deceit and dishonesty among members, stressing that it’s the major factor that has contributed to the division within PDP, urging them to play politics as it’s supposed to be.

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    Breaking: Foreign Reserves Hits $41.05bn Amid Improved Macroeconomic Stability, Investor Confidence

    Breaking: Foreign Reserves Hits $41.05bn Amid Improved Macroeconomic Stability, Investor Confidence

    James Emejo in Abuja

    The country’s gross Foreign Exchange Reserves further increased to $41.05 billion, the highest level in over 44 months, demonstrating the continued improvement in macroeconomic indices in recent times.

    A day before, external reserves rose to $41 billion from $40.96 billion on August 18, 2025, showing less volatility over the past one month.

    Compared to about $40 billion, announced by the Central Bank of Nigeria (CBN) Governor, Mr. Olayemi Cardoso, as at July 18, external reserves had increased by about 2.62 per cent to date.

    The current movement in reserves represented the highest level recorded since December 3, 2021, and has continued to maintain the upward trajectory in recent weeks.

    Essentially, FX reserve movements are particularly crucial for economic stability, currency strength, import capacity, debt management, and overall investor confidence. Changes in the reserves could signal economic stress or health.

    Amid huge debt service obligations, and revenue challenges, the stability in external reserves movement, coupled with a marked deceleration in inflation rate as well as Naira’s relative stability offer renewed hope for the country about better days ahead.

    The development further attests to the position of the central bank’s management team that monetary policy actions have so far headed in the right direction.

    During the last MPC meeting in July, Cardoso had attested to the sustained stability in the foreign exchange market, accentuated by improved capital flows, earnings from increased crude oil production, rising non-oil exports and significant reduction in aggregate imports.

    He said, “That clearly is a reflection of the way that the international investors view the banking system, and I was again very privileged to have a conversation with a good number of them about three or four weeks before this listing took place.

    “And really and truly, a lot of interest, I must say, a lot of interest internationally, on putting money on the Nigerian financial system.

    “The key thing is that we as regulators will continue to play our part to ensure that the system and the players and the actors continue to do what we are doing, creating resilience, creating buffer, and, of course, playing by the rules, because that is so important for those who are looking to invest that they can believe and they trust in you.”

    The post Breaking: Foreign Reserves Hits $41.05bn Amid Improved Macroeconomic Stability, Investor Confidence appeared first on THISDAYLIVE.

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    James Emejo in Abuja The country’s gross Foreign Exchange Reserves further increased to $41.05 billion, the highest level in over 44 months, demonstrating the continued improvement in macroeconomic indices in
    The post Breaking: Foreign Reserves Hits $41.05bn Amid Improved Macroeconomic Stability, Investor Confidence appeared first on THISDAYLIVE.

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