In a determined effort to combat food insecurity and ensure sustainable food supply, the Lagos State Government has launched several initiatives aimed at achieving 40% food self-sufficiency by 2025. This ambitious goal is part of the state’s five-year Agricultural and Food Systems Roadmap, introduced by Governor Babajide Sanwo-Olu in 2021. The roadmap outlines multiple projects Read More…
Governor Babajide Sanwo-Olu of Lagos State has urged citizens to unite and seek solutions rather than engage in a blame game over the nation’s current economic difficulties. Speaking at the 25th State House Ramadan Tafseer Anniversary Prayer, Sanwo-Olu, represented by Deputy Governor Dr. Obafemi Hamzat, emphasised the need for collective action and patriotism. “The challenges Read More…
In a decisive move to address the economic challenges facing Nigeria, the Central Bank of Nigeria’s Monetary Policy Committee (MPC) has increased the Monetary Policy Rate (MPR) by 200 basis points, setting it at 24.75% from the previous 22.75%. The MPR, a critical financial tool, influences the rate at which banks lend to each other Read More…
If a family meets in a room, members give themselves pecks, exchange polite greetings, make flowery speeches and emerge laughing for group photographs, likely, they have not been truthful to themselves. That was my impression following the 37th Summit of the African Union, AU, from February 17–18, 2024, in Addis Ababa. After attending a few Read More…
Residents of Lagos State are expecting the government to take proactive measures to tackle the escalating costs of food items and consumables in the region. This is exactly what the Lagos State Government has chosen to do. In a recent announcement during the conclusion of a two-day retreat at Orchid Hotels in Lekki, Ms. Abisola Read More…
SDG4 focuses on education and aims to “ensure inclusive and equitable quality education and promote lifelong learning opportunities for all.” It includes seven targets, which cover eliminating disparities in accessing education at the early childhood and primary levels based on gender, ability, and other socio-economic factors and, as much as possible, encouraging all women and Read More…
Governor Babajide Sanwo-Olu of Lagos State outlined the state’s ambitious financial needs, aiming for a staggering ₦7 trillion budget to address infrastructural gaps and essential amenities in the forthcoming fiscal year 2024. During the eighth Lagos Corporate Assembly, themed “BOS Meets with Business Community,” held at Lagos House, Ikeja, Governor Sanwo-Olu underscored the pressing need Read More…
Representing Governor Sanwo-Olu at an event commemorating the 2023 International Day for Tolerance in Ikeja, Commissioner Olanrewaju Kayode emphasised the importance of religious leaders promoting tolerance, perseverance, and trust in God during these challenging times. “We urge religious leaders to advocate tolerance, perseverance, and complete trust in God amid this economic trial. ‘This too shall Read More…
Nigerian inflation continued its upward trajectory for the tenth consecutive month in October, intensifying expectations for the new central bank governor to consider interest rate hikes in the upcoming monetary policy committee meeting—the first since his appointment. “Consumer inflation soared to 27.33% year on year in October, marking an 18-year peak, escalating the challenge for Read More…
