Environment Top Story World

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…

Business Metro SMEs

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…

Agriculture Business Metro

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…

Infrastructure Metro Top Story

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…

Metro Power Top Story

EKEDC apologises to Lagos, Ogun residents over irregular power supply

The management of the Eko Electricity Distribution Company (EKEDC) on Tuesday apologised to its customers in Lagos and some parts of Ogun State over the irregular power supply they currently experiencing. The General Manager Corporate Communications, Mr Godwin Idemudia, in a statement in Lagos, said the epileptic supply was due to reduced load capacity from Read More…

Entertainment Media Top Story World

UK government to cut funding for BBC – Mail on Sunday report

Britain’s government will cut the BBC’s funding by ordering a two-year freeze on the fee that people pay to watch the broadcaster, the Mail on Sunday reported. The future of the licence-payer funded British Broadcasting Corporation is a perpetual topic of political debate, with Prime Minister Boris Johnson’s government most recently suggesting its funding needs Read More…

Infrastructure Metro Top Story

Lagos government rehabilitated 524 roads in 2021, to fix 600 in 2022

The Lagos State Public Works Corporation (LSPWC) on Sunday, said it rehabilitated 524 roads in 2021 and was targeting rehabilitation of additional 600 in 2022. Spokesman of the corporation, Mr Samuel Ayetutu in an interview with the News Agency of Nigeria (NAN), said the over 1,000 roads were fixed between June 2019 and December 2021. Read More…