Seyi Makinde Archives | Tech | Business | Economy https://techeconomy.ng/tag/seyi-makinde/ Tech | Business | Economy Tue, 19 May 2026 15:37:18 +0000 en-GB hourly 1 https://wordpress.org/?v=7.0 https://techeconomy.ng/wp-content/uploads/2025/06/cropped-256Px-32x32.png Seyi Makinde Archives | Tech | Business | Economy https://techeconomy.ng/tag/seyi-makinde/ 32 32 Makinde Clarifies Whereabouts of ₦7.7bn Surveillance Drones https://techeconomy.ng/makinde-clarifies-whereabouts-of-%e2%82%a67-7bn-surveillance-drones/ https://techeconomy.ng/makinde-clarifies-whereabouts-of-%e2%82%a67-7bn-surveillance-drones/#respond Tue, 19 May 2026 15:37:18 +0000 https://techeconomy.ng/?p=181809 Following recent security concerns in parts of Oyo State, Governor Seyi Makinde has disclosed that the state’s surveillance aircraft (drones) project will become operational before the end of June, in partnership with the Nigerian Air Force. The governor made the disclosure while addressing journalists in Ibadan, revealing that the aircraft had already arrived in Nigeria […]

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Following recent security concerns in parts of Oyo State, Governor Seyi Makinde has disclosed that the state’s surveillance aircraft (drones) project will become operational before the end of June, in partnership with the Nigerian Air Force.

The governor made the disclosure while addressing journalists in Ibadan, revealing that the aircraft had already arrived in Nigeria and were currently undergoing reassembly at the Nigerian Air Force hangar in Lagos.

According to him, engineers from China are expected to complete the final installations within weeks.

Techeconomy’s earlier report had raised questions over the the Oyo State government’s two Intelligence, Surveillance and Reconnaissance (ISR) aircraft which appeared missing in action as terrorists invaded schools and abducted pupils and their teachers.

The State has acquired the surveillance drones as part of efforts to strengthen security architecture across the state and neighbouring border communities.

Makinde explained that the aircraft would support intelligence gathering and security monitoring along the Oyo-Kwara border corridor as well as areas bordering the Republic of Benin, which authorities consider vulnerable to criminal activities.

The governor’s latest update comes amid ongoing rescue operations following the abduction of pupils and teachers in Oriire Local Government Area. He assured residents that security agencies were intensifying efforts to secure the release of the victims while strengthening preventive security measures across the state.

Recall that the Oyo State Executive Council had approved about ₦7.7 billion for the procurement of the DA 42 MNG surveillance aircraft, describing them as critical tools for combating kidnapping, illegal mining, banditry, and other security threats.

According to state officials, the aircraft were selected for their lower maintenance cost, operational efficiency, and compatibility with existing Nigerian Air Force systems, enabling closer collaboration between the state and federal security agencies.

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Oyo School Abductions Raise Questions over State’s ₦7.7bn Surveillance Drones https://techeconomy.ng/oyo-school-abductions-raise-questions-over-states-%e2%82%a67-7bn-surveillance-drones/ https://techeconomy.ng/oyo-school-abductions-raise-questions-over-states-%e2%82%a67-7bn-surveillance-drones/#respond Mon, 18 May 2026 09:10:40 +0000 https://techeconomy.ng/?p=181723 Questions are mounting over the real-world efficacy of Oyo State’s multi-billion naira technological defense architecture following a rare and daring security breach in the state’s southwestern corridor. Armed gunmen stormed two primary schools in the Oriire Local Government Area of Oyo State, killing a school official and abducting an unconfirmed number of schoolchildren. The attack, […]

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Questions are mounting over the real-world efficacy of Oyo State’s multi-billion naira technological defense architecture following a rare and daring security breach in the state’s southwestern corridor.

Armed gunmen stormed two primary schools in the Oriire Local Government Area of Oyo State, killing a school official and abducting an unconfirmed number of schoolchildren.

The attack, which struck at the heart of communities roughly 220 kilometers from Lagos, has triggered widespread public outrage and forced the state government to shut down schools across four vulnerable Local Government Areas (LGAs).

The crisis has thrust Governor Seyi Makinde’s heavily publicized ₦7.7 billion aerial surveillance infrastructure project back into the spotlight.

High-Tech Promises vs. On-the-Ground Realities

Between July 2025 and February 2026, the Oyo State Executive Council approved and finalized the acquisition of two advanced DA 42 MNG Intelligence, Surveillance, and Reconnaissance (ISR) aircraft fitted with sophisticated tracking systems.

The state government championed the ₦7.7 billion procurement as a proactive masterstroke to stamp out banditry, monitor illegal mining, and provide real-time aerial intelligence to the Western Nigeria Security Network, codenamed Amotekun.

During the rollout, officials assured the public that the technology was explicitly designed to safeguard vulnerable rural corridors and map out border communities prone to kidnapping.

However, the audacious raid in Oriire has exposed severe gaps between high-altitude tech capability and ground-level rapid response. Security analysts and civil society groups are now demanding an audit of the state’s tech integration.

“You cannot have a ₦7.7 billion eyes-in-the-sky asset while your classrooms remain completely blind,” says Hassan Jimoh, an Ibadan-based tech policy analyst. “If real-time intelligence gathering cannot predict or intercept a multi-militant raid on primary schools, then there is a critical misalignment in how software feeds into physical strategy.”

A Breakdown of the Oriire Breach

According to statements from the Oyo State Police Command, the attackers targeted the schools during the early morning hours.

While police spokesperson Ayanlade Olayinka confirmed that three suspects were quickly identified and taken into custody with the help of local community members, the primary objective, preventing the snatching of the children, had already failed.

Mass abductions of schoolchildren have historically been localized within Nigeria’s northern regions, where insurgent groups leverage the youth for high-leverage ransom negotiations.

The sudden shift of this terror playbook into the South-West signals an evolving security crisis that Oyo State’s tech infrastructure was supposed to prevent.

The Unfinished Agenda: Tech Sovereignty and Local Security

The incident raises tough operational questions for Oyo’s tech ecosystem and the Ministry of Communications, Innovation and Digital Economy:

The Data Pipeline Failure: Why did the sophisticated surveillance array fail to flag unusual logistics movements or militant staging areas along the Oyo-Kwara border corridors prior to the attack?

The ‘Last-Mile’ Problem: Even if aerial tracking detects a threat, does Amotekun possess the low-latency communications infrastructure to deploy tactical ground teams before a target disappears into dense terrain?

Asset Allocation: With billions spent on centralized aerial hardware, critics are asking why baseline IoT tech, such as panic buttons, closed-circuit local cameras, and early-warning mesh networks, has not been installed in state-run schools.

Running Out of Time

As rescue operations continue through the thick forests of the South-West, the pressure on Governor Makinde to justify the state’s massive security tech investments is reaching a boiling point.

Technology remains a powerful tool for national defense, but as long as school gates remain unlocked and rural communities remain disconnected from the primary intelligence loop, even a ₦7.7 billion eye in the sky cannot keep Nigeria’s future safe.

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Fidelity Bank commissions CSR projects in three South-Western States https://techeconomy.ng/fidelity-bank-commissions-csr-projects-in-three-south-western-states/ https://techeconomy.ng/fidelity-bank-commissions-csr-projects-in-three-south-western-states/#respond Tue, 04 Jan 2022 15:42:11 +0000 https://techeconomy.ng/?p=65458 Fidelity Bank Plc., a foremost financial institution, has inaugurated Corporate Social Responsibility (CSR) projects in three South-Western states of Oyo, Ondo and Ekiti; as well as Kwara State. The projects which include the provision of maternal and healthcare materials for hospitals, renovation and furnishing of a juvenile correctional facility as well as provision of computers […]

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Fidelity Bank Plc., a foremost financial institution, has inaugurated Corporate Social Responsibility (CSR) projects in three South-Western states of Oyo, Ondo and Ekiti; as well as Kwara State.

The projects which include the provision of maternal and healthcare materials for hospitals, renovation and furnishing of a juvenile correctional facility as well as provision of computers for secondary and tertiary institutions were officially inaugurated on Thursday, 30 and Friday, 31 December 2021.

Speaking on the rationale behind the projects, Mrs. Nneka Onyeali-Ikpe, the managing director/CEO, Fidelity Bank Plc, said that the initiatives were executed in pursuit of the Bank’s CSR objectives which are centered on the environment, education, health/social welfare, and youth empowerment.

According to Onyeali-Ikpe,

“These projects, which are in line with the United Nations Sustainable Development Goals (SDG) Nos. 3 – Good Health and Well-being and 4 – Quality Education; are in demonstration of our corporate belief that profits should not only be measured in naira but in terms of the wellbeing of our host communities. That is why we regularly look for opportunities to advance the fortunes of people in locations we do business”.

At the official handover of the renovated boys’ hostel and administrative block facilities of the Oyo State Juvenile Correctional Institution/Child Care Unit, Ijokodo, Ibadan, the Oyo State governor, Seyi Makinde, who was represented by Mrs. Christiana Abioye, the permanent secretary, Ministry of Women Affairs and Social Inclusion, thanked Fidelity Bank for the intervention explaining that, “Oyo state government, in its drive to deliver a number of people oriented and social services to the teeming population of the state, has been able to reach out to many individuals, organisations and corporate groups to partner with it in the achievement of these mandates through the running of an open and sincere administration.

“I am glad that the management of this financial institution was able to avail itself of one of such opportunities offered by this administration to discharge its Corporate Social Responsibility in the state and in particular in this very special welfare institution”, said Gov. Seyi Makinde.

Fidelity Bank is fast developing a reputation of a people-friendly institution with its numerous CSR programmes. It would be recalled that earlier in 2021, the bank completed the renovation of a primary health care center and a block of classrooms in the Southeast and Southwest regions of Nigeria respectively.

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Breaking: No Demolition at Ibadan Circular Road Corridor – Makinde https://techeconomy.ng/breaking-no-demolition-at-ibadan-circular-road-corridor-makinde/ https://techeconomy.ng/breaking-no-demolition-at-ibadan-circular-road-corridor-makinde/#respond Mon, 23 Sep 2024 14:14:44 +0000 https://techeconomy.ng/?p=143751 Oyo State Governor Seyi Makinde has reassured residents impacted by the Ibadan Circular Road corridor that no additional demolitions of houses or properties will occur along the route.

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Oyo State Governor Seyi Makinde has reassured residents impacted by the Ibadan Circular Road corridor that no additional demolitions of houses or properties will occur along the route.

He emphasized that all existing structures within the 150-meter corridor will be included in the government’s plans.

However, he cautioned that no new developments, including foundations or buildings, should take place on any land within the corridor.

The protesters carried placards, banners and sang appeal songs to plead for the stoppage of the 500-meter corridor on the Ibadan Circular Road by the government.     

on Friday, the Oyo State government, addressed agitation concerning the Ibadan Circular Road corridor, stating that the government acquired 150 meters left and right from the middle of the road in 2006 while another 350 meters left and right was acquired in 2018.

The state Commissioner for Lands, Mr Williams Akin-Funmilayo, who stated this while briefing newsmen on Friday, added that the two segments acquired were gazetted by governments that preceded the Governor Seyi Makinde-led government.

Akin-Funmilayo said the Makinde government had not acquired an extra square meter but was only developing what it met on ground.

The briefing followed a government’s meeting with representatives of the Ibadan Circular Road corridor residents who carried out daily protests in front of the state secretariat in Ibadan for three days.

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