Lagos State Governor, Mr. Babajide Sanwo-Olu, has reiterated his administration’s commitment to leveraging the state’s waterways for tourism and transportation as part of its broader economic development strategy. Speaking at the 2024 Lagos Boat Regatta on Saturday, Governor Sanwo-Olu described the event as a celebration of the state’s heritage and an opportunity to showcase its Read More…
Tag: economic growth
President Tinubu presents N47.96 trillion 2025 budget to National Assembly
President Bola Tinubu has presented the 2025 national budget, totaling N47.96 trillion, to the National Assembly. This budget, themed the “Budget of Restoration: Securing Peace and Rebuilding Prosperity,” aims to address key areas such as defence, infrastructure, health, and education. In his address, President Tinubu emphasized the importance of collective effort in rewriting Nigeria’s narrative. Read More…
Lagos Creates 2024: Empowering the next generation of creatives
The inaugural Lagos Creates 2024 content creation training programme concluded on November 26, 2024, to widespread acclaim. Held at the Federal Palace Hotel in Victoria Island, Lagos, the three-day event brought together hundreds of creatives, innovators, and thought leaders for networking, inspiration, and celebration. Governor Babajide Sanwo-Olu, represented by Mrs. Oloruntoyin Atekoja, Permanent Secretary of Read More…
Supreme Court victory: Lagos reclaims control over lotteries and gaming
In a landmark ruling, the Supreme Court of Nigeria has reaffirmed the constitutional authority of state governments to regulate lotteries and gaming activities within their jurisdictions. This decision nullifies the National Lottery Act, marking a significant victory for Lagos State and a step towards true federalism. The case, identified as Suit No. SC/1/2008, was brought before Read More…
INEC Declares APC’s Aiyedatiwa Winner Of Ondo Guber Poll
In a decisive victory, the Independent National Electoral Commission (INEC) has declared Lucky Aiyedatiwa of the All Progressives Congress (APC) as the winner of the Ondo State gubernatorial election held on Saturday, November 16, 2024. Aiyedatiwa, the incumbent governor, secured a landslide win, polling a total of 366,781 votes, significantly ahead of his closest rival, Agboola Read More…
Tinubu proposes ₦47.9 trillion expenditure in new MTEF
The Nigerian government has unveiled its Medium Term Expenditure Framework (MTEF) for 2025-2027, proposing a total expenditure of ₦47.9 trillion for the 2025 fiscal year. This ambitious plan aims to drive economic growth and development across various sectors. The MTEF includes several critical assumptions and projections: The MTEF is a crucial document that outlines the government’s fiscal Read More…
Nigeria denies human rights abuse allegations at UK Trade Union Congress; Ajaero Released
In a recent conference held by the Trade Union Congress (TUC) in London, the Nigerian government faced accusations of human rights abuses. The allegations were made by the TUC leader, who claimed that Nigeria had violated human rights. However, the Nigerian government has categorically denied these claims, stating that they are unfounded and based on Read More…
Lagos unveils plan to streamline revenue system, boost economic growth
The Lagos State Government has announced plans to simplify and harmonize its revenue and tax system, a move designed to stimulate economic development and create a more business-friendly environment. This initiative was revealed by Mr. Abdul-Kabir Ogungbo, Special Adviser to Governor Babajide Sanwo-Olu on Taxation and Revenue, during a press conference held on Thursday in Read More…
Lagos State invests N10 million in youth entrepreneurship at Amplifier Business Clinic
The Lagos State Government has made a significant investment in youth entrepreneurship by setting aside a grant of 10 Million naira to support young business owners. This initiative was highlighted during the Amplifier Business Clinic, organised by the Lagos State Ministry of Youth and Social Development to empower young entrepreneurs. The event, held in Alausa Read More…
Ikorodu Council partners LSETF for N30 Million soft loans to empower farmers and traders
In a bid to boost local businesses and food production, Ikorodu Local Government Chairman, Mr. Wasiu Adesina, has announced plans to collaborate with the Lagos State Employment Trust Fund (LSETF) to roll out N30 million in soft loans for farmers and traders in the state. Adesina made this commitment during the flag-off ceremony for the Read More…