President Bola Tinubu reiterated his commitment to overhauling Nigeria’s economy and fostering meaningful opportunities for young people during a town hall gathering at the State House in Marina, Lagos. Addressing local leaders, he emphasised the need for a labour-intensive economy that encourages widespread participation. “Our Renewed Hope Administration is steering Nigeria through financial re-engineering,” President Read More…
Government
Governor Sanwo-Olu encourages hope amid challenges, promises accelerated development in Lagos
Governor Babajide Sanwo-Olu of Lagos State, speaking after attending a Christmas service, urged Nigerians to hold onto hope amidst challenges, citing optimism for a brighter future under President Bola Tinubu’s administration. In an interview with journalists, he emphasised the commitment to expedite development across Lagos. “We are undergoing a phase akin to a patient in Read More…
$90 Billion Illicit Outflow: AfDB Academy’s Masterstroke
Like many other development enthusiasts on the African continent, I was shocked by the recent disclosure made by Prof. Kevin Chika Urama, Vice President of the African Development Bank Group (AfDB), that African countries lose almost $90 billion in illicit financial flows annually and much more in illicit resource flows and resource theft, poorly implemented Read More…
AfDB’s PFMA graduates emerge as torchbearers in Africa’s fiscal management
Public Finance Management Academy sees inaugural cohort’s graduation ceremony with a focus on accountability, transparency, and economic governance. Prof. Kevin Chika Urama, Chief Economist and Vice President of the African Development Bank Group, lauded the significant milestone at the graduation ceremony of the first cohort of the Public Finance Management Academy (PFMA) for Africa. The Read More…
Lagos State Government commits to gender equality, says SSG
The Lagos State Government has reaffirmed its dedication to fostering an environment where women can competently engage with their male counterparts, aiming for parity in opportunities. Bimbo Salu-Hundeyin, the Secretary to the Government, emphasised this commitment in a conversation with the News Agency of Nigeria (NAN) in Lagos, during the Eloy Awards and Conference held Read More…
“We have nothing to hide” – Sanwo-Olu at LASBCA inauguration
Inaugurating the new operational headquarters of the Lagos State Building Control Agency (LASBCA) in Ikeja, Governor Babajide Sanwo-Olu addressed the controversies encircling the state’s procurement process, dismissing them as a distorted representation of the truth. Sanwo-Olu highlighted the unnecessary stir caused by a letter penned by an opposition figure, asserting that the state had no Read More…
Holding Nigeria Accountable: Mainstreaming Financial Responsibility to the Grassroots
In December 2022, Nigeria’s government, in partnership with the Central Bank of Nigeria (CBN), and in connivance with the National Assembly, decided to securitise its ways and means drawdowns, a move that contravened the CBN Act’s borrowing limits. Amidst this, the government’s dependence on ways and means advances to finance budget deficits since 2015, culminating Read More…
Presidential ‘To Do’ List (1)
Celebrations are in order as we savour the near-miss that almost rendered us impecunious. A near miss, indeed. We must never forget how we got there. And, going forward, how can the Tinubu administration tweak the government’s policies and programmes to favour our largely disillusioned people? P&ID Shakedown Some Nigerian public officials hate their country Read More…
Sanwo-Olu inaugurates new cabinet member and permanent secretaries in Lagos State
Governor Babajide Sanwo-Olu of Lagos State marked an important occasion on Friday as he inaugurated a new member of the Executive Council and two Permanent Secretaries at the Lagos House in Ikeja. The governor emphasised that these appointments were aimed at expanding the scope of the state’s healthcare system. Mrs. Oluwakemi Ogunyemi, a highly trained Read More…
Sanwo-Olu takes bold actions for transportation and public health: Omotoso emphasises commitment to residents’ well-being
“Governor Babajide Sanwo-Olu has taken significant actions to improve the lives of the people of Lagos State,” Commissioner for Information and Strategy, Mr. Gbenga Omotoso, highlighted during his recent visit to Radio Lagos/Eko FM. One of the significant actions taken by Governor Sanwo-Olu in response to the removal of petrol subsidies was the immediate reduction Read More…