An Economist, Prof. Akpan Ekpo, has advised that the Federal Government to do more to restructure the economy through industrialisation in favour of production, so that the country would earn more foreign exchange. Ekpo, a Professor of Economics, University of Uyo, gave the advice on Thursday in Lagos at a webinar organised by the Centre Read More…
Business
NLNG donates medical equipment to Lagos Govt
The Nigeria LNG Ltd. (NLNG) has donated medical equipment to the Lagos State Government as part of its contributions to the 30 million dollars Oil and Gas Industry Collaborative Initiative to fight the COVID-19 pandemic. Eyono Fatayi-Williams, General Manager, External Relations and Sustainable Development, NLNG, said in a statement that the donation was received by Read More…
Lagos adopts more measures to cushion COVID-19 effect on MSMEs
Gov. Babajide Sanwo-Olu of Lagos State says the state is adopting measures to absorb the shocking effects of COVID-19 pandemic on Micro, Small and Medium Enterprises (MSMEs) for business sustainability and growth. Sanwo-Olu made this known in a private sector interactive webinar organised by the Lagos Chamber of Commerce and Industry (LCCI) on Wednesday in Read More…
16 ships conveying petroleum products, others expected at Lagos ports
The Nigerian Ports Authority (NPA) on Wednesday said it was expecting 16 ships carrying petroleum products, food items and other goods from June 17 to July 5 at Lagos ports. The NPA said the ships would arrive with containers, frozen fish, general cargo, bulk wheat, frozen fish, bulk sugar, automobile gasoline, dual purpose kerosene and Read More…
Lagos state pays N1.16bn accrued pension to 368 retirees
The Lagos State Governor, Mr Babajide Sanwo-Olu, has approved the release of N1.157 billion for the payment of Accrued Pension Rights to 368 public service retirees for the month of May. Mr Babalola Obilana, Director-General, Lagos State Pension Commission (LASPEC), said this in a statement made available to the News Agency of Nigeria (NAN) on Read More…
Lagos govt to meet telecoms providers on data subscription to boost e-learning
The Lagos State Government says it will be meeting with telecommunications service providers on the issue of data subscription, toward boosting e-learning during the Coronavirus pandemic. Gov. Babajide Sanwo-Olu said this on Tuesday at the Lagos House, Marina, during the Fifteenth Update on the Management of Coronavirus in the state. Sanwo-Olu said that the meeting Read More…
We prioritise safety over profit – Lagos boat operators
The Association of Tourists Boat Operators and Water Transporters (ATBOWATON), Lagos Chapter, said it prioritised safety of commuters over profit as COVID-19 ravaged the world. Its Chairman, Lawal Saheed, said in a statement on Tuesday that its operators had pioneered the opening and sustainance of abandoned and unprofitable water ferry routes. He said the operators Read More…
Lagos hoteliers seek COVID19 palliatives
The Lagos Hoteliers Association (LHA), on Saturday solicited for palliatives from the Lagos State Government to cushion the effect of COVID-19 currently affecting the world. Its President, Mr Adekunle Akilo, made the plea in an interview with the News Agency of Nigeria (NAN) in Lagos. Akilo said that the palliatives were equally needed to effect Read More…
Ikeja Electric increases price of prepaid meters by 19.6%
Ikeja Electricity Distribution Company (IE) has announced that the prices of meters sold to customers under the Meter Asset Provider (MAP)scheme has been reviewed upward effective June. 1. The DisCo, in a notice on its Twitter account on Thursday, said the review was in compliance with the directive of the Nigerian Electricity Regulatory Commission (NERC). It said Read More…
Lagos Govt, First Bank collaborate to boost e-learning in schools
IN PICTURE ABOVE: L-R: Managing Director/CEO, First Bank PLC, Dr. Adesola Adeduntan and Lagos State Governor, Mr Babajide Sanwo-Olu during the presentation of 20,000 E-Learning devices for Lagos State Schools by First Bank at the Lagos House, Marina The Lagos State Government says it is collaborating with First Bank Plc, to boost e-learning among students Read More…