Lagos State Governor, Mr. Babajide Sanwo-Olu, has stated that unlocking the potential of the Southwest would depend on the commitment of regional governments to stronger alliances and exploration of evidence-driven solutions for sustainable development. Speaking at the two-day Southwest Investment Promotion Agencies Conference (IPAC-1) in Ikeja, the Governor explained that the forum was informed by Read More…
Year: 2022
Dozens of firms to make cheap version of Merck COVID pill for poorer nations
Nearly 30 generic drugmakers in Asia, Africa and the Middle East will make cheap versions of Merck & Co’s (MRK.N) COVID-19 pill, under a landmark U.N.-backed deal to give poorer nations wider access to a drug seen as a weapon in fighting the pandemic. Merck’s early greenlight to the production of its anti-viral pill molnupiravir Read More…
FG to install 5million Solar Home System
The Federal Government says it plans to install a five million Solar Home System (SHS) and Mini-Grid across the country to provide electricity to unserved and underserved citizens. Mr Nebeolisa Anako, Permanent Secretary, Ministry of Power, made this known in a statement by Mr Mathew Dan’asabe, Senior Information Officer, in the ministry in Abuja on Read More…
Global energy transition to cause short-term economic pain -report
The transition to clean energy required to prevent temperatures from rising swiftly could shave 2% off global GDP by 2050 but is likely recoverable before the end of the century, a report by natural resources consultancy Wood Mackenzie said on Thursday. While investments in technologies like solar and wind farms, advanced batteries will generate jobs, Read More…
Nnamdi Kanu denies new terrorism charges in court
The leader of the banned Nigerian separatist movement, Indigenous People of Biafra (IPOB), pleaded not guilty to eight new charges that include terrorism and incitement on Wednesday as his defence sought the dismissal of the case, arguing that it lacked merit. Nnamdi Kanu, leader of IPOB, previously entered a not guilty plea to seven charges Read More…
Lagos charges MSMEs Council to create more capacity-building programmes
Lagos State Government has charged the State Council on Micro, Small and Medium Enterprises (MSMEs) to create and drive programmes that would enhance the capacities of MSMEs to deliver on their mandate. Addressing members of the MSMEs in Ikeja at Quarterly Council Meeting on Wednesday, the Commissioner for Commerce, Industry and Cooperatives, Dr. Lola Akande, Read More…
Lagos to establish 500-hectare coconut plantation estate
Lagos State Government is planning to establish a 500-hectare coconut plantation estate to boost production. The General Manager, Lagos State Coconut Development Authority, Mr Dapo Olakulehin, told the News Agency of Nigeria (NAN) in Lagos on Thursday that the estate would be dedicated to planting, processing and packaging of coconut. Olakulehin said that the agency Read More…
Super Eagles advance to knockout stage with best group phase record
Nigeria’s Super Eagles on Wednesday in Garoua advanced in style to the knockout phase of the 2021 Africa Cup of Nations (AFCON) in Cameroon. They beat Guinea-Bissau 2-0 at the Stade Roumde Adjia to become the only side at this 33rd edition of the competition to win all their three group games. The winners of Read More…
Lagos acquires 10-car speed trains for Red Line project
Lagos State Government has acquired two 10-car Talgo 330kmph speed trains for its Red Line rail project. The state Gov. Babajide Sanwo-Olu had on Tuesday completed an acquisition deal of the trains at an event inside the Milwaukee facilities of Spanish train manufacturer, Talgo Incorporated, in the U. S. The trains will be heading for Read More…
Lagos psychiatric hospital ready soon – Abayomi
The Lagos State Government on Tuesday said it would soon complete a 500-bed psychiatric hospital and rehabilitation centre in Ketu Ejirin Local Council Development Area of the state. The state Commissioner for Health, Prof. Akin Abayomi, made the disclosure at a Lagos Mental Health conference, held in Victoria Island. The theme of the conference was Read More…