Ekiti Gov Sacks Microcredit and Enterprise Development Agency Chairman

Paulinus Sunday

August 17, 2025

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Ekiti State Governor, Mr. Biodun Oyebanji, has removed Akogun Abayomi Olumide, popularly known as Lustay, from his role as Chairman of the Microcredit and Enterprise Development Agency.

The governor announced that the decision was taken due to gross misconduct and dereliction of duty. According to the statement, “the removal takes immediate effect.”

Olumide has also been instructed to hand over all government properties in his possession to the Agency.

This move highlights the administration’s focus on accountability, transparency, and good governance in managing public institutions to strengthen economic growth and enterprise development in Ekiti State.

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