Aderemi Oseni, a member of the House of Representatives who represents the Ibarapa East/Ido Federal Constituency, has stated that no political coalition or force can prevent President Bola Ahmed Tinubu from winning reelection in the general elections of 2027.
Oseni stated that President Tinubu will remain in office past 2027 regardless of any opposition alliance while speaking at the inauguration of the Remi Oseni Committee of Friends (ROCOF) Assembly Leaders throughout 33 local governments and wards in Oyo State.
His comments followed a coalition of opposition politicians who recently declared that the African Democratic Congress (ADC) will be their 2027 electoral platform.
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Oseni underlined ROCOF’s steadfast support for Tinubu despite this alignment, dismissing the coalition’s prospects and claiming that Tinubu’s leadership is unquestionable.
In addition, he pledged to spearhead the effort to guarantee that the All Progressives Congress (APC) delivers the state’s next governor and that the APC will overthrow the Peoples Democratic Party (PDP) in Oyo State in 2027.
He said, “We are taking over power in Oyo State come 2027, APC will produce a governor for this state in 2027, I will lead the battle, it doesn’t matter if I become the governorship flag bearer of our party or not. I will be very active in the process; in fact, I will lead the battle that will ensure our dear party, the APC, returns to power in Oyo State.
“What I did in Ido/Ibarapa in the last election is more than enough to speak for me, I’m the only one in the whole of Oyo State that was not challenged in the Court after the election because of the magnitude, I mean size of number of votes I have, you dare not confront a lion, I’m the only person throughout the county that delivered all the polling units in my Constituency for President Tinubu.
“Today I’m glad to say that ROCOF meeting is bigger than any other political parties in this state, go to Iseyin, go to all the geo political zones of the state and confirm this, ROCOF is the biggest, all the leaders of the party is in line with me, out of ten leaders in the state, nine of them are here with us today, this showed that we are doing very well.
“I’m using this opportunity to inform any of ROCOF member that has political ambition that I’m for you, and I know you’re for me, I’m pledging for you that I will work for you all to achieve your political aspirations, I’m using this symbolic identity card as a point of contact to all of you. So, think positively about your political aspirations, because I will support you hundred percent.”
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“My dear brothers and sisters, this gathering signifies not just the commencement of a journey, but the birth of a movement, a movement inspired by hope, fueled by passion, and fueled by our collective commitment to the people of Oyo State and Nigeria at large. Today, we gather for a momentous occasion, the 1st Assembly of ROCOF Leaders in our beloved state.
“This gathering is historic, for it marks the official recognition and inauguration of our leadership across 33 local governments and respective wards in Oyo State, which would be extended to other parts of our country over time. As we embark on the journey of this committee, I want to take a moment to acknowledge the tireless efforts of every one of you.
“Your passion, your commitment, and your shared belief in a better Oyo are what brought us here today. The Essence of ROCOF distinguished leaders, I need to state emphatically that ROCOF is more than a committee; it is a Movement for positive change and a family woven together by the threads of friendship, empathy, and a shared vision for our state.
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“To be very clear about the purpose of this committee, please note that ROCOF is a non-political, non-religious, and non-ethnic forum uniting like-minded individuals in Oyo State and across Nigeria.
“Together, we aim to create a renewed Oyo State and Nigeria that works for everyone. Our core values include Justice, equity, accountability, good governance, shared prosperity for a better life for all, sustainable growth and development.
“These values form the cornerstone of our shared vision for a brighter future. Our vision is clear: a rebirth of Oyo State and Nigeria, rooted in justice, equity, accountability, good governance, shared prosperity, and sustainable growth. This is not just a dream; it is a mission that calls for our collective action.
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“As President Tinubu himself stated, “To achieve greatness, one must be willing to endure temporary pain for future gain.” This sacrifice opens doors to more significant investments in education, healthcare, and infrastructure, areas that demand our attention for longer-lasting change.
“This is a moment of transformation, a moment when Nigeria is rising from the ashes of the past and redefining itself for the better. We must support and partner with Mr President in this transformative journey.”
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, the fund will provide credit-risk protection to participating financial institutions, helping them lend to businesses that might otherwise struggle to meet conventional lending requirements. The model is designed to support up to $1 billion in outstanding credit capacity. The initiative will bring together lenders, business-support organisations, investors and other financing partners to create a structured route for eligible businesses to obtain commercial loans. Unlike a conventional loan programme that directly disburses money to applicants, the fund will share part of the lending risk with participating financial institutions. Banks will still assess applications, approve loans and manage repayments. ## How the $200 Million SME Fund Will Work The financing initiative targets businesses that have moved beyond the early stages of development and are ready to borrow to support further growth but face difficulties securing adequate credit. Under the proposed arrangement, eligible businesses can initially access loans in local currency equivalent to $250,000, subject to approval by participating lenders. The initiative aims to make loans of up to $1 million available when fully funded. The fund will work with venture capital firms, business accelerators and other SME ecosystem partners to identify and recommend potential borrowers. These organisations can help demonstrate a business's track record and readiness for debt financing. The fund will then apply its eligibility criteria, guarantee requirements and portfolio-risk assessments. Its assessment process will also use artificial intelligence-powered underwriting and due diligence. Participating financial institutions will retain responsibility for independently evaluating borrowers, deciding whether to approve applications, disbursing funds and monitoring repayments. According to [BusinessDay](https://businessday.ng/technology/article/cascador-sterling-target-sme-collateral-barriers-with-200m-credit-backstop/), the model is intended to reduce the collateral and guarantee burden on businesses with proven commercial traction. Cascador chief executive officer Trish Thomas said Nigerian entrepreneurs often struggle because the capital available to them does not match their business needs or stage of development. She explained that sharing risk with lenders could help more established businesses obtain the financing needed to scale and generate employment. Sterling Bank Group Executive Obinna Ukachukwu said the partnership combines additional credit protection with referrals from venture funds and studios familiar with the businesses they support. This approach, he noted, could give lenders greater confidence to offer larger loans with longer repayment periods. ## Why the Initiative Matters to Nigerian SMEs Access to affordable and appropriate financing remains a significant obstacle for businesses seeking to expand in Nigeria. Many enterprises require capital to purchase equipment, improve production, enter new markets and recruit workers, but conventional lending conditions can make borrowing difficult. Cascador's white paper, *The Multiplier Model*, highlights the wider challenge. According to the organisation, only 22 per cent of businesses in Sub-Saharan Africa have a bank loan or line of credit, compared with a global average of 36 per cent. The new fund seeks to bridge this gap by encouraging commercial lenders to finance businesses that have demonstrated demand for their products or services but cannot easily secure suitable debt. For entrepreneurs, the potential benefits include access to larger loans, longer financing periods and reduced pressure to provide extensive collateral or guarantees. However, the arrangement does not guarantee approval, and businesses will still need to satisfy the relevant eligibility requirements and lender assessments. The fund is also expected to attract contributions from philanthropic organisations, impact investors and development finance institutions to support its risk-sharing structure. ## Back Story: Sterling Bank and Cascador Expand an Existing Partnership The announcement builds on an earlier financing partnership between Sterling Bank and Cascador. In May 2025, the organisations introduced a $2 million Catalytic Fund to provide growth financing to businesses emerging from Cascador's entrepreneur development programme. As reported by [PUNCH Newspapers](https://punchng.com/cascador-sterling-bank-unveil-2m-fund-for-nigerian-smes/), the earlier initiative combined debt financing with business support, flexible repayment arrangements and reduced collateral requirements. The new $200 million fund represents a broader approach, designed to bring additional ecosystem partners into the financing process rather than rely solely on businesses connected to Cascador. Cascador said it had supported 80 ventures since 2019, with those businesses collectively raising more than $150 million in capital. For Nigeria's SME sector, the success of the expanded initiative will depend on how effectively it mobilises funding, attracts participating lenders and makes financing accessible to qualified businesses. If implemented successfully, the model could help more Nigerian enterprises secure the capital needed to grow, strengthen local industries and create sustainable employment.](https://naijaeyesblog.com/wp-content/uploads/2026/10/Sterling-Cascador-768x432.avif)
