Latest news with #Adeola
Zawya
01-05-2025
- Business
- Zawya
Nigeria: Ogun will soon join oil-producing states, Senator Adeola assures
Senator Olamilekan Adeola has assured that Ogun, the Gateway State, will soon join the league of oil-producing states in Nigeria, as drilling of crude oil will commence soon at Tongeji Island, Ipokia Local Government Area of the state. The lawmaker representing Ogun West in the National Assembly disclosed this on Tuesday, while speaking in Ota at the 2nd Edition of the Town Hall Meeting/Mega Empowerment and Thank You Tour of Ado-Odo/Ota Local Government Area. He said that all machinery has been set in motion for the commencement of the drilling on the island that shares a border with the Republic of Benin. Adeola, who is the Chairman Senate Committee on Appropriations, said the yet-to-commence activity on the Tongeji Island could be attributed to the economic policies of President Bola Ahmed Tinubu and the disposition of the Governor of the State, Prince Dapo Abiodun, towards socioeconomic advancement. He submitted that Ogun will witness tremendous economic prosperity and growth when the drilling activities commence in the oil-rich Tongeji Island. He added that the nation's crude oil production will receive a boost as soon as the activities commence. Senator Adeola noted that President Tinubu, in his two years in office, had attracted more Foreign Direct Investment into the country, with the same feat being recorded by Governor Dapo Abiodun in Ogun. While further praising the Ogun State governor for completing the agro-cargo airport, which has attracted other mega projects from the private sector, establishing a dry sea port and delivering other infrastructural projects across the state, Adeola declared that the governor will be remembered as the best in terms of delivery of infrastructural and socioeconomic development. On the empowerment programme, Adeola explained that he decided to decentralise the programme to empower more constituents in the senatorial district. He added that the programme was also facilitated to reward the people of Ado-Odo/Ota Local Government Area, as one of the five LGAs in the senatorial district, for their support during the 2023 general election. Reeling out his achievements as the senator, Adeola said that the largest project he facilitated is situated in Ado-Odo/Ota Local Government Area. He informed the constituents that 15 road projects have been completed as his constituency projects, while 9 road projects are ongoing in different locations in the LGA. The senator, however, disclosed that a sum of N26 billion has been mobilised for the construction of Atan-Ikonga-Alapoti-Ado-Odo Road, submitting that when the road project is completed, it will enhance the socioeconomic development of Ado-Odo/Ota Local Government Area. While assuring the people that he will continue to offer qualitative representation at the Senate, stated that 'I moved 10 bills under two years, and 70 percent of them have scaled second reading.'
Zawya
29-04-2025
- Business
- Zawya
Nigeria: Tinubu's tax reforms will rescue economy from cabals — Senator Adeola
Senator Olamilekan Adeola, representing Ogun West in the National Assembly, has stated that the tax reform policy of President Bola Tinubu's administration will salvage the nation's economy from the influence of the 'cabal'. He declared that the affairs of the country are no longer controlled by the 'cabal'. Adeola made this statement on Monday in Ipokia during the 2nd Edition of the Mega Empowerment/Town Hall Meeting and Thank You Tour of Ogun West. He noted that Tinubu had made it practically impossible for the cabal to control the country's affairs. The lawmaker said the country is on the path to economic recovery and steady growth. 'I'm happy that we have an economy now that is no longer in the hands of a selected few or guided by cabals. 'Tinubu's tax reform policy is for the best of Nigeria. Having spent more than 10 years in the Senate and as a member of different committees, I can tell you that I know more about how things operate. 'These reforms are for the good people of the Federal Republic of Nigeria; now we can say that we have an economy that is not guided by a selected few. 'When Tinubu assumed office in 2023, we had holistic and drastic changes to tax laws, and that is already yielding positive results. That is why, as your representative, I am in support of these policies. I want to specifically thank Mr President for a job well done,' he submitted. He explained the rationale behind the empowerment programme, stating that the objective is to give back to his constituents as a form of gratitude for their belief in his capacity to represent them at the National Assembly. While assuring them of more dividends of democracy, Adeola said he would continue to offer qualitative representation and facilitate more developmental projects for Ogun West. Copyright © 2022 Nigerian Tribune Provided by SyndiGate Media Inc. (
