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Oyo Kingmakers Who Collected Bribe May Be Prosecuted -Makinde

  Oyo State Governor, Seyi Makinde, has threatened to prosecute and punish all Chiefs or Kingmakers within the Oyomesi or others, who might have collected bribe or gratification in the selection process that culminated into the emergence Akeem Abimbola Owoade as the 46th Alaafin of Oyo. This followed reports that cash was allegedly offered to some chiefs by a contender for the Alaafin stool. Makinde issued the warning on Monday during the official presentation of the Staff of Office and Certificate of Appointment to Oba Owoade.  Owoade succeeded late Oba Lamidi Olayiwola Adeyemi III, whose reign lasted for five decades. At the brief ceremony, Governor Makinde emphasised transparency and accountability in the selection process of the new monarch The governor described the Alaafin-elect as a leader poised to upholding the cultural and historical heritage of the Oyo Kingdom, noting that the Alaafin of Oyo is not just a traditional ruler but a custodian of rich history and...
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Scarcity of Naira: Ibadan POS operators hike transaction charges as scarcity of naira persists

As scarcity of Naira hits many states afresh, operators of point-of-sale, POS, in Ibadan, the Oyo State capital, have increased their transaction charges due to scarcity of naira.

According to investigations, many POS operators in major parts of Ibadan have been struggling with getting cash to give to their customers at the moment.

In areas such as Iwo Road, Mokola, Sango, University of Ibadan and Agodi Secretariat, Bodija, Akobo and Apete most POS operators complained of lack of cash to give to their prospective customers while those who have cash are rationing the amount to be paid to customers.

The regular transaction charge of N100 per N5,000 withdrawal has been increased to between N150 or N200.

A POS operator who spoke on condition of anonymity, said: “I can only give you N3,000 and you pay N100. If you want to collect N5,000, you will pay N150 or N200. There is no cash again.”

Another POS operator who spoke with our correspondent at the weekend also said: “I have increased my charges. You will pay N200 if you want to collect N5,000.

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