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Edo Govt Rebuts Allegations: ₦100 Billion Loan Earmarked for Infrastructure, Not LG Polls

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The administration of Governor Monday Okpebholo has clarified that while the Edo State House of Assembly approved a facility valued at ₦100 billion, the state government is not directly borrowing that sum.....KINDLY READ THE FULL STORY HERE▶

Instead, the government is serving as a guarantor for contractors involved in key infrastructure projects across the state, allowing them to secure funding from First Bank Plc for project execution.

This clarification was issued on Wednesday in a statement by the Governor’s Chief Press Secretary, Fred Itua, in response to misleading reports suggesting that Governor Okpebholo had personally secured approval for a ₦100 billion loan.

According to the statement, the initiative is a contractor financing scheme designed to grant selected contractors direct access to funds, backed by the state government’s guarantee.

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Described as a strategic and innovative financing model, the arrangement aims to fast-track critical infrastructure development across Edo State. The funds, to be disbursed directly to contractors by First Bank based on specific project requirements, will be spread over a 40-month period.

“The Edo State Government remains committed to fulfilling its obligations as guarantor by ensuring prompt payments to the bank as agreed. This ensures a smooth and timely execution of all infrastructure projects under the facility,” the statement said.

Projects earmarked for funding under this scheme include:

  • Construction of a flyover at Adesuwa Road

  • Evbhukhu–Sapele Road with drainage in Oredo LGA

  • Eguaolor–Iguomo–Uvbenisi–Oza Road, with a spur to Ohe community in Uhunmwonde LGA

  • Okpagha–Amufi Road with spurs to AG Bonze Street, Daddy J Road, and Michael Agbedon Street in Uhunmwonde/Ikpoba-Okha LGA

  • Internal roads in Ogbeghe and Old Sapele Road with hydrological structures in Benin City

  • Uhie Road, off Sapele Road, Benin City

  • Internal roads in Ugieda village, South Ibie, Etsako West LGA

  • Construction of a single carriageway from Ekpoma–Uromi–Ubiaja Road in Esan, among others.

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Governor Okpebholo’s administration described the approach as a fiscally responsible and results-driven model, designed to empower contractors with the resources needed for timely delivery of quality infrastructure, ultimately aimed at improving the lives of Edo residents.

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Kwara PDP Protests As Govt Moves To Reopen Robbery Case Against Saraki, Others.

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The Peoples Democratic Party (PDP) in Kwara State has strongly opposed reported moves by the state government to revisit the alleged Offa robbery case involving former Governor Abubakar Bukola Saraki and others.....KINDLY READ THE FULL STORY HERE▶

reports that the party made its position known during an emergency press conference in Ilorin on Friday, describing the development as politically motivated and unjust.

PDP spokesman, Comrade Olushola Adewara, said the alleged plan to reopen the case amounts to an attempt to politicise a matter that has already been concluded by the courts.

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He alleged that the move was targeted at dragging Saraki into a case in which, according to him, legal authorities had previously found no evidence linking him to the incident.

Adewara referenced earlier legal opinions from the Office of the Attorney General of the Federation, which reportedly stated that Saraki was not connected to the robbery case.

The party insisted that suspects in the case had already been prosecuted and convicted, with judgments upheld at appellate levels, while the matter is currently before the Supreme Court.

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PDP urged Governor Abdulrahman Abdulrazaq to focus on governance rather than what it described as attempts to revive old political narratives.

It also called on security agencies to monitor the situation closely, warning that such actions could heighten political tension in the state.

The party further appealed to residents, especially families of victims in Offa, not to allow their pain to be used for political purposes.

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2027: Oyo APC Senator Alli Declares Governorship Ambition.

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Senator representing Oyo South, Sharafadeen Alli, has declared his intention to contest the Oyo State governorship election ahead of the 2027 general elections.....KINDLY READ THE FULL STORY HERE▶

reports that Alli, who serves under the All Progressives Congress (APC), made the declaration on Friday during a formal event held at the Police Field in Yemetu, Ibadan North Local Government Area.

The APC chieftain and Ekaarun Balogun of Ibadanland said he will be running on the platform of his party.

“Lagos APC Swears In New Ward and LG Executives Across the State!”.

The event attracted thousands of APC leaders, stakeholders, and members, including top political figures such as Senator Yunus Akintunde, House of Representatives members Akin Alabi, Aderemi Oseni, Akeem Adeyemi, Olafisoye Akinmoyede, Tajudeen Abisodun, and Senator Hamzat Adeseun.

Also in attendance were former Deputy Governor Iyiola Oladokun, Asiwaju Yemi Aderibigbe, and Alhaji Fatai Ibikunle, among others.

Alli said his decision followed wide consultations with stakeholders and was driven by his desire to advance the development of Oyo State.

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He noted his past political experience, including serving as Chairman of Ibadan North Local Government and Secretary to the Oyo State Government under Senator Rasidi Ladoja, as well as his current role in the Senate, where he said he has consistently advocated for his constituents.

According to him, his ambition is focused on delivering better governance and moving the state forward.

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Showunmi Declares For Ogun 2027 Governorship, Seeks IPAC Support.

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A PDP chieftain and convener of The Alternative, Otunba Segun Showunmi, has declared his intention to contest the 2027 Ogun State governorship election.....KINDLY READ THE FULL STORY HERE▶

reports that Showunmi made the announcement during a courtesy visit to the Inter-Party Advisory Council (IPAC) secretariat in Abeokuta on Friday.

He called for a broad political coalition involving opposition parties and grassroots groups to challenge what he described as the failures of dominant political forces in the state.

Showunmi argued that political parties may choose or endorse candidates, but insisted such arrangements must not deny voters a genuine electoral choice.

“Lagos APC Swears In New Ward and LG Executives Across the State!”.

He said: “I will be running for governor in the 2027 governorship election. I have come to plead with you to set up a small committee… to determine how we can collaborate to make this happen.”

He also questioned whether Ogun State would experience a “coronation” or a competitive election process, urging stakeholders to allow open political contest.

The PDP chieftain noted that Ogun West’s long-standing exclusion from producing a governor is a legitimate grievance, but stressed that aspirations must still be tested through competition.

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He advocated issue-based campaigns ahead of 2027, rejecting “money politics” and challenging aspirants to public debates on governance.

Showunmi maintained that he has no history of violence or political thuggery, insisting the election should be centred on ideas and development plans for the state.

In response, IPAC leadership and other political actors at the event called for collaboration and careful selection of leaders ahead of the 2027 elections.

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