Ekiti State, one of the shareholders of Wema Bank Plc, has reduced its stake in the bank by 666.670 million from 1.191 billion shares. Ekiti, Oyo, Ogun, and Osun States are shareholders in Wema Bank. While Oyo, Osun, and Ogun held 666.670 million or 1.73 per cent each, Ekiti held 1.191 billion or 3.09 per cent as at December 31, 2019. But in a notification to the Nigerian Stock Exchange (NSE), signed by the Company Secretary of Wema Bank Plc, Johnson Lebile, the bank said Ekiti State Government sold 666.670 million shares at 65 kobo per share on the floors of the NSE, amounting to N433.336 million. According to the bank, the transaction took place between March 3 and 4, 2021. With the transaction, Ekiti State now holds about 524.1 million shares. Neem Tree Limited remains the majority shar...
The Ekiti State government will on Monday present monetary compensation to the first batch of police brutality survivors as recommended by the Judicial Panel of Inquiry into Allegations of Human Rights Violations Against the Defunct Special Anti-Robbery Squad and Others. The panel was set up in the state following a directive issued by the Presidency to state governments to review allegations of human rights violations against members of the public by officials of the defunct Special Anti-Robbery Squad. This was after youths took to the street with the #EndSARS campaign to protest against police brutality as allegedly committed by operatives of the defunct SARS. The panel set up in Ekiti is led by Retired Justice Cornelius Akintayo and comprises representatives of youth groups, civil socie...
Ekiti State Government has expressed its determination to enhance the growth of Micro, Small and Medium Enterprises (MSMEs) to boost economic prosperity of the state. The government had before now reconstituted a 22-member Council to address the myriad of challenges confronting MSMEs in Ekiti , with intention to upscale industrial growth and development . The Commissioner for Investment, Trade and Industry, Mr Muyiwa Olumilua, stated this during a one-day sensitisation workshop with the theme: “Making Economy A Private Driven Economy” held in Ado Ekiti. He said the state government will partner federal government and corporate agencies to facilitate opportunities for business owners in the state. Olumilua at the event, which brought together medium and small scale business owners from acro...
In a bid time curtail the spread of the second wave of Covid-19 in Ekiti, the state Government on Sunday imposed a curfew from 8.00 pm to 6.00 am. The Government also banned all gatherings of more than twenty people in the state until further notice. The Commissioner for Information and Values Orientation, Hon Akinbowale Omole, who announced these new guidelines in Ado-Ekiti on Sunday, said the restrictions take effect Monday at 6 am January 11, 2021. Omole cited the alarming rate at which the deadly pandemic is spreading in Nigeria and elsewhere as the reason for these drastic steps. He said there is a need for the government to be proactive and take decisive steps to secure the citizens from falling prey to the second wave of the pandemic that has claimed thousands of lives all over the ...
Ekiti State Commissioner for Trade and Industries, Mr Muyiwa Olumilua, has reiterated the commitment of the Kayode Fayemi-led administration to creating an enabling environment for individuals and corporate bodies. Speaking in Ado Ekiti while declaring open a Stakeholders’ Forum on Banana Development for Export, Olumilua noted that the various proactive programmes embarked upon by the investor-friendly administration has created an enabling environment for investment to thrive in the State. Olumilua listed some of the administration’s projects to include the establishment of a cargo airport to ease transportation of goods to and from the State, clearing of 5,000 hectares of land for farming, facilitation of the establishment of the NEPC office in the State, to eliminate the stress of going...
The Ekiti State Government has directed traditional rulers in towns and villages to either postpone or cancel for the rest of the year, all pending local festivals in their domains to curb the spread of Coronavirus. The State Coordinator of COVID-19 Task Force Response Team, Prof Bolaji Aluko, made the announcement in a statement in Ado Ekiti. He disclosed that Ekiti State had cumulatively recorded 78 positive Coronavirus cases, with 29 active, 2 deaths and 47 discharged, warning that the cases can rise dramatically if public assemblies continued unchecked. He said as the state was gradually entering the full blown season of Traditional Festival, therefore, travels from within Ekiti State and various parts of Nigeria by indigenes and visitors to the various towns and villages during this p...
The Ekiti State Government has established a Sexual Assault Referral Centre (SARC) where victims of rape and other molestations will receive medical and psychological attention, rather than being abandoned to suffer. The government also assured that it will strengthen the adopted policy of naming and shaming of perpetrators of rape, by publishing their photographs on the state’s website and pasting in public palaces. The wife of the state governor, Mrs Bisi Fayemi gave the revelation on Friday while making a presentation on the floor of the Assembly during an advocacy visit to expand the frontiers of Gender-Based Violence (GBV) prevention in the state. She stated that the referral centre, located within the premises of the Ekiti State University Teaching Hospital, Ado Ekiti will provide we...
Governor Kayode Fayemi on Friday disclosed that not less than N2million has accrued to the coffers of the State being the various fines paid by the lockdown violators since the outbreak of the COVID-19 pandemic. The governor also said that over 100 offenders have been prosecuted. Speaking during the press briefing, the Commissioner for Health, Dr Mojisola Yaya-Kolade, said the laboratory located at the Ekiti State University Teaching Hospital will be commissioned by Governor Kayode Fayemi. “We are still perfecting some regulatory procedure with the Nigeria Centre for Disease Control, but everything will be finetuned before Monday. “We have had 20 COVID-19 cases so far, two are still active, we have recorded two deaths and 16 have been treated with investigational drugs and discharged,” she...