Businesss – SUNSHINETRUTH

Has Akeredolu actually broken 116years Bitumen jinx in Ondo?

Posted on August 4, 2020August 4, 2020 by sunshinetruth

AT LAST, AKEREDOLU CRACKS THE BITUMEN NUT By: Ojo Oyewamide The Southern part of Ondo state carries in its belly one of the largest reserves of bitumen in the world. The natural gift is estimated to be about 42 billion barrels. It is said to have been discovered in the year 1904. For decades, exploitation of the bitumen deposits appeared to be a hard nut to crack. The jinx, however, has finally been broken by…

Just In: Shoprite in Nigeria faces closure

Posted on August 3, 2020August 3, 2020 by sunshinetruth

South Africa’s grocery retailer, ShopRite, is leaving Nigeria 15 years after it opened shop in the West African country. Shoprite opened its first store in Lagos in December 2005. In a trading update filed at the Johannesburg Stock Exchange on Monday morning, the retail giant said it was planning to discontinue its operations in Nigeria. International supermarkets (excluding Nigeria) contributed 11.6 per cent to group sales and reported 1.4 per cent decline in sales from…

My message to Polaris Bank customers —CEO Abiru

Posted on July 29, 2020July 29, 2020 by sunshinetruth

Here is a press statement by the CEO; The attention of the Managing Director and Chief Executive Officer of Polaris Bank, Mr. Tokunbo Abiru has been drawn to news making the rounds in some online media alluding that he is seeking to contest for the forthcoming senatorial bye-election of Lagos-East Senatorial Zone under the platform of APC. Mr. Abiru notes that while he holds the public service in high esteem, his time and energy at…

Akeredolu clears accumulated workers’ entitlements

Posted on July 27, 2020July 27, 2020 by sunshinetruth

By: Ade Adeleke The organised labour Unions and the Ondo state government have agreed to the approval of the immediate payment of five months outstanding deductions from Salaries of the state workers from February to June, this year. Similarly, Governor Oluwarotimi Akeredolu ordered payment of 2018 leave bonus to all workers and settlement of 2019 leave bonus for workers on grade level one to six. This formed part of the decisions reached by both government’s…

Southwest Pensioners threaten Protest against Sanwoolu, laud Akeredolu

Posted on July 16, 2020July 16, 2020 by sunshinetruth

By: Ade Adeleke Retirees in the six southwest states under the umbrella the Nigeria Union of Pensioners (NUP) have issued 21days ultimatum to Lagos State Governor, Babajide Sanwoolu to settle all outstanding entitlements of pensioners in the state or face mass protests of members. The NUP leaders who commended Governor Oluwarotimi Akeredolu for approving 33% pension increase recently, pleaded with him to device means of offsetting accumulated gratuities of pensioners in Ondo state. The Union…

Looming Strike: Labour Issues receiving prompt Attention —Ondo Govt

Posted on July 11, 2020 by sunshinetruth

Press Statement LABOUR ISSUES RECEIVING PROMPT ATTENTION The attention of the Ondo State Government has been drawn to a widely circulated correspondence to the Governor, Arakunrin Oluwarotimi Odunayo Akeredolu, SAN. Among others, the letter in question made allusions to various issues in respect of industrial harmony. It is pertinent to state that the issues raised in the correspondence are not new. They are neither peculiar to Ondo State, especially during this period that has compelled…

Vanity vs Expediency: A Tale of Two Projects in Ondo State

Posted on July 11, 2020July 11, 2020 by sunshinetruth

VANITY VS EXPEDIENCY: A TALE OF TWO PROJECTS I follow Governor Rotimi Akeredolu (Aketi) for several reasons. First, he is a governor that looks forward. I doubt that any governor in Nigeria, has been more magnanimous to the legacy and reputation of his predecessors like Aketi has been. I have hardly heard him speak in person, or through a nominee, criticizing or judging a project of his predecessor. Even in the face of aggression, aggravation…

Ondo Workers set for showdown with Akeredolu, threaten Strike

Posted on July 11, 2020 by sunshinetruth

By: Oluwatosin Adesola Workers in Ondo state and the 18 local governments in the state have vowed to shut down the state and embark on industrial action if the state governor, Oluwarotimi Akeredolu fails to settle their outstanding salaries, leave bonus and other entitlements pending over the years. The workers under the Joint Negotiating Council (JNC), in a letter dated 10th July, 2020, gave Governor Akeredolu till Wednesday 15th July, 2020 to call for negotiations…

Klick Konnect firm, Ondo Govt shortlist Consumer Co-op Agents for Empowerment in 15 LGAs

Posted on July 10, 2020July 10, 2020 by sunshinetruth

The management of Klick Konnect Networks Intl. Ltd, and the investors at the Ondo-Linyi Industrial Hub, working in conjunction with the office of the SA to the Ondo State Governor on Cooperatives has shortlisted 166 consumer cooperative agents in 15 out of 18 local government areas of the state. This is coming after the recent arrangements by the Partners to empower 300 women in trade in all political wards of Ondo State, and empower 15,000…

Magu’s Travails on EFCC: CISLAC seeks transparent Probe

Posted on July 9, 2020July 9, 2020 by sunshinetruth

PRESS STATEMENT MAGU’S SUSPENSION: CISLAC CALLS FOR THOROUGH INVESTIGATION The Civil Society Legislative Advocacy Centre (CISLAC), Transparency International Nigeria is calling on the Presidential Panel set up to investigate allegations of corruption and insubordination leveled against the Acting Chair of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, to carry out a thorough and fair investigation. The panel, which is headed by the former president of the Court of Appeal, Justice Ayo Salami (Rtd)…

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