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Seyi Makinde: Celebrating 100 Days of Immeasurable Achievements
By Eric Elezuo
His road to becoming the executive governor of Oyo State on May 29, 2019 was everything divine, little wonder he has not looked back in attempting to do and doing the right thing for the people of the state. His name is Engineer Abiodun Oluwaseyi Makinde. He has just clocked 100 days on the seat of administration and has an avalanche of reference-able achievements in his 100 days kit. Here is a man who waved his immunity as governor, declaring that he wished to be held accountable even while still in office.
Born to a renowned teacher turned accountant, late Pa Olatubosun Makinde and Madam Abigail Makinde of Aigbofa Compound in Oja’ba, Ibadan, Makinde, popularly called GSM, who is the third child of the family, brought with him integrity, honesty, transparency and much more to governance. He gave stakeholders as well as detractors the shock of their lives when he boldly and publicly declared his N40 billion assets. Makinde’s action, which no one is yet to reciprocate or replicate, is a testimony of the fact that he made verifiable wealth, and is not in possession of any form of ‘skeleton’. Not only that, Makinde made a statement of where he is coming from and the destination his vision is set. And in 100 days, watchers and observers can tell the story better, of a man so endowed with wisdom and mission.
Set to celebrate 52 years on December 25, the businessman and philanthropist hit the ground running immediately he took the oath of office 100 days ago, and since then, has left no one in doubt as to the calibre of administration he is bringing to the table.
Down to earth, fearless and people oriented, Governor Seyi Makinde policies and pronouncements have set apart as one who knowns his onions. These have no doubt charted a veritable path to immeasurable success within a short space of time. His first step pointed towards security, and he did what most past governors and administrators of Oyo State could not muster enough courage to do – he proscribed the notorious National Union of Road Transport Workers (NURTW). This singular act has brought easy calm to Ibadan and environs.
Makinde has also reviewed the Oyo State of N285 billion as approved by his predecessor to a more realistic N182 billion.
In 100 days, the subject matter expert on fluid and gas metering has established a foundation for an all encompassing four-point agenda for the expansion of the economy through the agriculture value chain, security, health and education.
Among many of his landmark efforts is the partnership with Agritech Company, Farmcrowdy for Agribusiness. He has put measures in place to revive the abandoned grain silo at Awe as well as conducted on the spot assessment of private owned agribusiness Venture-Ajila Farm and Shongai Farms in Port Novo Benin Republic for the purpose of collaborating with local and foreign agribusiness investors.
While he has procured 100 surveillance vehicles worth over N800 million to further strengthen the security agencies across the state, a new security architecture aimed at complementing the efforts of the police and other security operatives in fighting crime in every nook and cranny of Oyo state will soon be launched.
In education, GSM has cancelled all levies paid in public schools in Oyo State thereby reintroducing the free education policies of the Yoruba sage, Chief Obafemi Awolowo. In addition, he approved the release of over N400 million for the provision of exercise books in all public schools across the state.
In Oyo State today, 25th has practically been deleted on the calendar, and replaced with GSM day. Any civil servant will confidently tell you that is the day his monthly salary is paid. Salaries are now regular, and payment is in full just as Pensioners gratuity is mandatorily paid monthly.
The youths are not left out as they have been massively empowered in his administration. A 32-year-old man is the speaker of the state House of Assembly, while a 27-year-old, Seun Fakorede, was appointed commissioner among others
Oluseyi Abiodun Makinde was born on December 25, 1967. Quite an achiever, Makinde established his first oil and gas private business called Makon Engineering and Technical Services, (METS) at the age of 29 in the year 1997, after earning years of work experience with international oil and gas companies. Until August 2018, he was the Group Managing Director of Makon Group Limited; an indigenous oil and gas company in Nigeria.
Makinde began his education at St Paul Primary School and completed his primary education at St Michael Primary School, Yemetu, Ibadan. His secondary education was at Bishop Phillips Academy, Monatan, Ibadan. In 1985, he gained admission to the University of Lagos (UNILAG) where he earned his Bachelor’s degree in Electrical Engineering.
Makinde did his national service (NYSC) with Shell Petroleum Development Company (SPDC) of Nigeria, where he was later engaged as a pupil engineer. He served in different capacities; handling and partaking in several key projects between 1990 and 1992. From 1992 to 1997, he worked as a field Engineer (Eket operations) for Rebold International Limited and in 1995, he was appointed as Field Manager in the same company.
In 1998, he trained at Industrial Control Services in Houston, Texas on Safety Shutdown System; and Development of Analytical Competence for Managing Operations at Lagos Business School (now Pan-Atlantic University) in 1999. In 2000, he had training in automation. In 2002, he studied Fundamentals of Crude Sampling at Jiskoot Auto Control Training Centre, Kent, England. Also, in 2005, he studied Understanding and Solving Complex Business Problems at Massachusetts Institute of Technology (MIT), USA.
Makinde is a member of national and international professional bodies notably: Nigerian Society of Engineers (NSE), Council for Regulations of Engineering in Nigeria(COREN), Oil and Gas Design Engineers of Nigeria (OGDEN), International Society of Automation (ISA), Institute of Measurement and Control UK; and American Measurement Institute (AMI).
GSM has had his fair share of political fortunes and misfortunes. On two occasions (2007 and 2011), he had unsuccessfully ran for the senatorial seat of Oyo South Senatorial zone
He tried his hands on the governorship pie in 2015 under the Social Democratic Party (SDP), but lost out in the end. Undeterred, he tried again in 2019, and fortune smiled graciously on him. He defeated his APC rival with quite a huge margin
Makinde is happily married and they are blessed with children.
The Senate has granted approval to the ₦1.77 trillion ($2.2b) loan request of President Bola Tinubu after a voice vote in favor of the request.
The Senate presided by Deputy Senate President, Barau Jibrin, approved the loan after the Senate Committee on Local and Foreign Debts chaired by Senator Wammako Magatarkada (APC, Sokoto North) presented the report of the committee.
The request which was submitted by the President on Tuesday is part of a fresh external borrowing plan to partially finance the N9.7 trillion budget deficit for the 2024 fiscal year.
Tinubu had on Tuesday written to the National Assembly, seeking approval of a fresh N1.767 trillion, the equivalent of $2.209 billion as a new external borrowing plan in the 2024 Appropriation Act.
The fresh loan is expected to stretch the amount spent on debt servicing by the Federal Government. The Central Bank of Nigeria recently said that it cost the Federal Government $3.58 billion to service foreign debt in the first nine months of 2024.
The CBN report on international payment statistics showed that the amount represents a 39.77 per cent increase from the $2.56bn spent during the same period in 2023.
According to the report, while the highest monthly debt servicing payment in 2024 occurred in May, amounting to $854.37m, the highest monthly expenditure in 2023 was $641.70m, recorded in July.
The trend in foreign debt servicing by the CBN highlights the rising cost of debt obligations by Nigeria.
Further breakdown of international debt figures showed that in January 2024, debt servicing costs surged by 398.89 per cent, rising to $560.52m from $112.35m in January 2023. February, however, saw a slight decline of 1.84 per cent, with payments reducing from $288.54m in 2023 to $283.22m in 2024.
March recorded a 31.04 per cent drop in payments, falling to $276.17m from $400.47m in the same period last year. April saw a significant rise of 131.77 per cent, with $215.20m paid in 2024 compared to $92.85m in 2023.
The highest debt servicing payment occurred in May 2024, when $854.37m was spent, reflecting a 286.52 per cent increase compared to $221.05m in May 2023. June, on the other hand, saw a 6.51 per cent decline, with $50.82m paid in 2024, down from $54.36m in 2023.
July 2024 recorded a 15.48 per cent reduction, with payments dropping to $542.50m from $641.70m in July 2023. In August, there was another decline of 9.69 per cent, as $279.95m was paid compared to $309.96m in 2023. However, September 2024 saw a 17.49 per cent increase, with payments rising to $515.81m from $439.06m in the same month last year.
Given rising exchange rates, the data raises concerns about the growing pressure of Nigeria’s foreign debt obligations.
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Self acclaimed leader of the Indigenous People of Biafra (IPOB), Simon Ekpa, has been arrested by law enforcement in Finland.
The BBC reports that Ekpa was subsequently sent to prison by the district court of Päijät-Häme for “spreading terrorist propaganda on social media”.
Ekpa was said to have committed the crime in 2021 in Lahti municipality.
The Finnish National Bureau of Investigation (NBI) also arrested four other men over alleged terrorist offences.
A citizen of Finland and Nigeria, Ekpa has described himself as leader of the separatist IPOB group since Nnamdi Kanu’s incarceration.
Finnish police say Ekpa’s activities and social media rhetoric may have fanned the flames of violence in the south-east of Nigeria.
“He carries out these activities from his social media channels, for example,” said Otto Hiltunen, detective chief inspector of the NBI.
In February 2023, Ekpa was arrested by police at his residence in Lahti but was released after hours of questioning.
Using his social media channels, Ekpa had directed Igbos not to participate in Nigeria’s 2023 general election.
In September 2021, the Biafra agitator and secessionist denounced Nigeria and vowed to return the medal he won for the country at the 2003 African Junior Athletics Championships.
The Court of Appeal has sacked Musiliu Akinsanya aka MC Oluomo as the National President of the National Union of Road Transport Workers (NURTW).
In a ruling that upheld the earlier judgment of the National Industrial Court, the appellate court sacked MC Oluomo and reaffirmed Tajudeen Baruwa as the legitimate leader of the union.
Baruwa had assumed office after a properly conducted election held at the union’s headquarters in Abuja.
The three-member panel of the Appeal Court dismissed the appeal filed by MC Oluomo’s faction, declaring it devoid of merit.
In addition, the court imposed a fine of N100,000 on the appellants, further solidifying Baruwa’s leadership position.
Reports quoting court documents said to have been released on Friday detailed the ruling, which effectively countered any attempts to displace Baruwa from his role as the NURTW president.
The judgment read: “This is an appeal against the judgment/decision of the National Industrial Court Sitting in Abuja, in Suit No. NICN/ABJ/263/2023, delivered on the 11th March, 2024, by Justice O. O. Oyewumi.
“Upon reading the Record of Appeal compiled and transmitted before this court, together with the respective briefs of argument, and after hearing the counsels for the appellants and respondents, it is hereby ordered that:
“This Appeal is devoid of merit, and the same is hereby dismissed.”
The ruling reinforces the legitimacy of Baruwa’s presidency, concluding the legal dispute over the union’s leadership.
Meanwhile, MC Oluomo’s son Idowu Akinsanya (King West) had bragged about his feat of emerging the NURTW president, saying: “We are now in charge of Nigeria, not only Lagos,” a comment that attracted public opprobrium.
MC Oluomo, a diehard supporter of President Bola Tinubu and a prominent figure in Lagos politics, was the sole candidate in the election, which took place at the union’s zonal secretariat in Osogbo. His perceived victory was deemed to carry significant implications for the future of the NURTW and the political landscape of Nigeria.
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