Lagos News

Customs Officials Impound $8.1m At Murtala Muhammed Airport

The Nigeria Customs Service have impounded the sum of $8,065,612m about to be illegally ferried out of the country through one of the international airlines.

The service said that the sum was discovered in 20 wraps inside a coaster bus at the tarmac of Murtala Muhammed International Airport on January 16, 2020 at the E-Wing of the airport.

Comptroller-General of the Nigeria Customs Service, Col Hameed Ali (retd), said that the money laundering was discovered through intelligence put in place by the command at the airport.

Ali told journalists at the Federal Operating Unit of Customs on Tuesday that the lump sum was loaded in six bags with one suspect arrested in connection with it.

He emphasised that the consignment was intercepted at about 1200hrs on January 16, 2020, while the next day, the service took an inventory of the consignment in the presence of the Directorate of State Security, Customs Intelligence Unit, Anti-money Laundering and Counter Terrorism financing unit, customs police and suspect where the sum was confirmed.

He explained further that the service was conducting investigation into the consignment, the real owners and cohorts in the attempted smuggling, adding that after thorough investigation, the fund and the arrested suspect would be handed over to the Economic and Financial Crimes Commission for further interrogation.

He explained that names were written on each wrap of the money, which were in $100 denomination.

He however, noted that it was not a crime to ferry money out of the country but noted any amount in excess of $10,000 must be declared to customs by the owners.

He said, “Currently, the value of the threshold in Nigeria is the equivalent of $10,000 and above. Therefore, all travellers in and out of Nigeria, must declare any physical cash in excess of this threshold of $10,000 or equivalent of other currencies or monetary instruments.

“The question is often asked, why do customs or any agency of government need to know if a private person or company is taking out monies for their personal business out of the country. It is for the reason that illegal criminal activities like international terrorism, drug smuggling, arms proliferation are financed by illicit cash movements outside the recognised financial systems.

“Proceeds from other criminal activities like corrupt enrichments from public treasury are similarly siphoned out of the country in cash. To enforce compliance with the monitoring of cross border cash movement, registers are maintained all approved points of entry and exit, where voluntary declarations are maintained.

The declaration are then followed up by EFCC to ascertain any possible link between the cash movers and criminal networks.”

Lagos News

Coronavirus: Lagos Govt Inaugurates Incident Command System

The Lagos State Government has launched an Incident Command System as part of efforts to prevent an outbreak of the fast-spreading Coronavirus in the state.

In a statement signed by the Chief Press Secretary to the Governor, Gboyega Akosile, the Commissioner for Health, Professor Akin Abayomi explained that the virus is a new pathogen to the human race and as such, research is still ongoing on how to arrest it.

Abayomi, however, warned residents against rumour-mongering noting that no case of the virus has been found in Lagos.

While launching the Incident Command System, the governor, Mr Babajide Sanwo-Olu, said the measure is not to stigmatise citizens of any country but a precautionary one taken in the interest of the people.

The command system will have the governor as the Incident Commander while the Commissioner for Health will serve as the Deputy Incident Commander.

Also according to the Governor, other relevant health professionals in conjunction with the Federal Ministry of Health, would be deployed to the Lagos International Airport for a higher level of monitoring.

Beyond that, he also assured the public that Government and Non-Governmental Organisations will continue to escalate communication and create public awareness.

“What we have started to do is to have what we call a heightened state concern on the Coronavirus. We are not declaring an emergency in any form but creating a heightened state concern,” he said.

“Also, the Honourable Commissioner through his Ministry will identify relevant health professionals that would, in conjunction with the Federal Ministry of Health, be deployed to our International Airports in Lagos where we would see a higher level of monitoring as well as an organised level of incidence reporting layout.”

Governor Sanwo-Olu said although the team expects people to be self-quarantined, the state will carry out a supervised quarantine where details about immigrants will be taken at the point of entry while the team will do daily follow-ups through phone calls to identify individuals for a period of two weeks.

According to the Governor, the command will be in operation for the period of time that the risk lasts. He assured that adequate preparation has been carried out to tackle the virus.

“This command will go on until when we believe and we have been given assurance that we have a stable and controlled environment but in the meantime, these exercises are going to be put in place and we are going to start things immediately,” he said.

“I also want to mention that we have started providing both human and material logistics required for this exercise.

“All of our major General Hospitals are also being prepared in event of an outpour into any of them. The hospitals in the mainland have tents coming up and extensive resources are being put in that particular health facility for them to be on standby in case of any suspected or identified case.”

Abayomi further added that the WHO has declared the novel coronavirus a global health concern, saying this will make the state government step up its scrutiny of travellers coming in from the most affected regions.

The Deputy Governor, Dr. Obafemi Hamzat; the Consul General of People’s Republic of China, Chu Moaming and the Secretary to the State Government, Mrs Folashade Jaji were among the dignitaries present at the event.

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All You Need to Know About The New Visa Policy

The Federal Government has officially launched the Nigerian Visa Policy (NVP) 2020.

This enhanced visa policy by Nigeria, one of Africa’s key economies and demography, comes on the back of the signing of the African Continental Free Trade Agreement, a treaty seeking to establish a continent-wide marketplace with increased trade and freer movement among its major economic powers.

The objective of the reforms that have birthed NVP 2020 is to strengthen Nigeria’s position as a key economy in Africa by attracting more Foreign Direct Investment (FDI) into the country’s economy which would in turn provide jobs for the people and lift Nigeria’s teeming population out of poverty in line with the vision of President Muhammadu Buhari to take 100million Nigerians out of poverty in the next 10 years.

NVP 2020 is also designed to support the attainment of the Economic Recovery and Growth Plan (2017 -2020) and is a pathway to achieving the Security, Economy and Transparency (SET) Agenda of the present Administration.

The Minister of Interior, Ogbeni Rauf Aregbesola while speaking at the launch of the NVP 2020 at the State House, Abuja on Tuesday 4th February 2020, stated that its operation is cardinal to the Ease of Doing Business in Nigeria. The new visa regime is expected to boost economic activities in the areas of tourism, aviation, entertainment, commerce and other areas where Nigeria has comparative advantage over other African countries. It also presents Nigeria with the opportunity to apply the principle of reciprocity with her visa policy in the nation’s bilateral and multilateral relations.

“The NVP 2020 introduces special visas for Nigerians in diaspora who either by birth, marriage or nationalization have assumed dual citizenship. Such category of Nigerians will now be able to make use of the passports of their adopted countries to visit Nigeria without the need for short stay visa”, he said. The Minister expressed the commitment of his Ministry to the implementation of the NPV 2020 in view of its supervisory role on the Nigeria Immigration Service (NIS).

Ogbeni Rauf Aregbesola assured that the NIS would adhere to the published conditions of issuance of visas in a professional, timely and transparent manner. He assured that NIS would invest heavily in the training of the officers and men that will be charged with the responsibility of processing visas in all our visa issuing centers and passport control at our points of entry. The Minister emphasized that NIS would also work with all stakeholders within and outside Nigeria to ensure that the policy is not abused and the security of Nigeria and indeed other countries is not compromised.

“The implementation of the NVP 2020 will not compromise national security as adequate control measures have been provided both before and after entry into Nigeria”, the Minister stressed. While encouraging Nigerians in Diaspora to respect the provisions of the immigration laws of their new countries as well as those of Nigeria, the Minister congratulated the Nigeria Immigration Service for the landmark policy and also invited all prospective visitors, investors and residents to a new and refreshing experience in Nigeria and with Nigeria Immigration Service.

“The implementation of the NPV2020 will require collaboration with several MDAs involved in diplomacy, trade, investment, education, tourism, manufacturing, monetary policies, security, intelligence and many more”, the Minister reiterated.

Some of the features of NVP 2020 include, Visa On Arrival for African Union nationals, increase in the classes of visas from 6 to 75, creation of visa codes for all classes of visa and introduction of e-visas.

The benefits of the new NVP 2020 are many. It presents a good opportunity for Nigeria to be a major consideration for investment in Africa and hosting of international events particularly the ones scheduled to hold in Africa. It also serves as a major boost for Nigeria’s aviation, entertainment and tourism industries.

The new visa policy is expected to take Nigeria some steps up in the Africa Visa Openness Report published annually by the African Development Bank (AfDB) which would be a further boost on the global Ease Of Doing Business league table.

Lagos News

UK To Ban Sale Of Petrol Cars From 2035

Britain will bring forward a ban on sales of new petrol and diesel vehicles to 2035, including hybrids, Prime Minister Boris Johnson was to announce on Tuesday.

Johnson was to make the announcement at an event launching the 2019 United Nations Climate Change conference, COP26, which will be held in Glasgow in November.

The changes bring forward the ban by five years — and now include hybrid vehicles.

Britain has pledged to reduce  greenhouse gas emissions to net zero by 2050, with a mixture of cuts and off-setting pollution measures such as planting trees.

“Hosting COP26 is an important opportunity for the UK and nations across the globe to step up in the fight against climate change,” Johnson said.

“As we set out our plans to hit our ambitious 2050 net zero target across this year, so we shall urge others to join us in pledging net zero emissions.

“2020 must be the year we turn the tide on global warming — it will be the year when we choose a cleaner, greener future for all.”

At the COP26 launch event in London, Johnson was to be joined by Italian Prime Minister Giuseppe Conte and naturalist David Attenborough.

Johnson will urge other countries to join Britain in striving towards the 2050 net zero emissions goal through investment in cleaner technology and efforts to protect natural habitats.

Edmund King, president of Britain’s AA motoring association, said the new target on car sales was incredibly challenging.

“We must question whether we will have a sufficient supply of a full cross-section of zero emissions vehicles in less than 15 years,” he said.

He also urged the government to cut the sales tax on electric vehicles to make them more affordable.



Lagos News

AAC Blasts Sanwo-Olu for Imposing Ban on Okada

The Lagos State chapter of the African Action Congress has kicked against the decision of the Lagos State Government to impose ban on commercial motorcycle riders.

The party in a statement signed on Monday by its Publicity Secretary, Elias Ozikpu, said the policy was a sign of failed leadership.

The statement reads in part, “The recent ban placed on motorcyclists and tricycle operators is not only cruel, it is sheer wickedness and an attempt to frustrate Lagosians who struggle on a daily basis to make a legitimate living.

“It is a crying shame that a government that has failed so woefully and so disastrously to create job opportunities for its people can resort to destroy the source of livelihood that the people created for themselves.

“Our party is also aware that Mr Sanwo-Olu’s animus is not towards motorcyclists and tricyclists alone, petty traders in the state have had their wares snatched and shared by rogue Lagos State law enforcement agents. The so-called enforcement has turned into a robbery operation executed on a daily basis by the agents of the state.

“The recent ban on motorcyclists and tricyclists is so severe that Lagosians going to their places of work have had to cover long distances by foot in areas where commercial buses do not operate. So alarming is the situation that commercial buses have taken advantage of Sanwo-Olu’s ill-advised ban by tripling their fares.

“It is now clear to everyone who is willing to see that the anti-people policies of the APC regime at the federal level is a mark of identification that must be seen in states governed by this villainous and insensitive political party whose overall objective is to obliterate Nigerians and have them drowned in the ocean of penury.”

The party called on Sanwo-Olu to effect an immediate reversal of the policy to ease the sufferings of Nigerians.

Lagos News

OkadaBan: Lawmaker Makes Case For Govt., Urges Residents To Be Patient.

Chairman, Lagos House of Assembly Committee on Transportation, Honourable Temitope Adewale, has called on residents to be patient with the state government over the ban of motorcycles and tricycles in some parts of the state.

Hon Adewale, representing Ifako Ijaiye constituency I, said that the traffic law was passed in 2012 and that the people should not misinterpret it.

He said, “On August 2012 they passed a bill and the traffic law was made to ban motorcycles. I think it is imperative to say this and to state clearly to the press that misinterpretation of what is said or read cannot lead to a misconception of the law.

“So if the law was passed before and it worked very well then even in more stringent ways than now, we are saying let’s revisit the law because the last administration did not do much regarding the implementation of the law on the transport sector.

“If his Excellency Babajide Sanwoolu has made it very clear that part of his agenda in the Themes programme is transportation and traffic solutions, then he means well for the state.

“It is not because he wants to witch hunt or he wants to get back at people, or he wants to push people who voted him into office out of jobs no.

“He is trying to make Lagos state safer and better to attain the megacity status.”

Piqued by the turn of event, the lawmaker Adewale hinted why the ban is necessary.

“The law is straightforward. We are restricting them for these reasons; have you been to the general hospital lately or the orthopedic hospital?

” You will weep, there are lots of innocent lives that have been destroyed by these riders, what we are saying is that it has to be regulated appropriately.

“You cannot have people just come in from one place or the other or one state or country into Lagos because there is free access or movement to live anywhere you want, they come in on Friday and pick up a bike on Monday.

“There are laws. You must have a riders tag, and your bike must be properly registered; these laws have not been followed. The e-commerce industry, the likes of the Opay, Gokada, Max Okada and the rest of them, they are not registered.

Reacting to the claim that public officers in the executive arm have often been accused of deliberately relaxing laws when elections are close and that enforcement barely swings back to force when elections are over, Temitope notes that:

“The last administration went into the waste management body to infuse some few rapid changes, do a test run and some few experiments regarding the environmental laws, which brought about the Vision Scape concept and it backfired, it didn’t work properly and we started witnessing what we saw as far back as 1998.

” When we had dirt all over the place, we had refuse dumped in the middle of the roads, you don’t see them today they all gone, and the LAWMA is working efficiently well that is because when laws are being put in place and there are stringent repercussions for breaking the law and there is proper enforcement it worked.

“So if the Governor Mr Babajide Sanwoolu is looking into the transport law and made it clear from day one that his themes agenda has to do with transport and traffic solutions, then it is important for us to do it.

“If the last government had made it easy by restricting LASTMA from doing their duties and taking off the powers that allow them to operate and arrest and then we had more traffic situations and you will realise that the past administration could not do much about infrastructural maintenance.

“Yes they had a little bit of infrastructural development but then the ones that we had on ground, there were so much infrastructural decay and this Babajide Sanwoolu’s government have taken into consideration that all infrastructures most especially roads must be put in place and the snags we witness now is tied to void of road maintenance in time past.

“There is so much we got to do on the roads at the same time because the yearnings of the people have gotten to the Governor.

“I also enjoy taking bikes but not without safety; sometimes I want to get to where I am going faster, a time I am tired of staying in the car, sometimes I am going on inner roads that are not quite good, yet to be fixed by the government.

“Sometimes there is heavy traffic, at times, there is so much traffic because we are fixing roads daily but this is the little things that we have to bear with as the people. Nobody creates traffic; we create it -traffic jam is caused by human and vehicular movements, who are those behind the vehicular movements, it is we.

“There is a transport sector law. There is transport reform law, there are laws that would enable you to start businesses within the state. When you want to test the waters just like you had the ‘Uber’, Uber came and ran on our waterways as a test run, now they are in the process of getting approval and it worked.

“It is the same Governor that said he is going to work with all these branded organizations of motorbikes, was the same one that said he is going to be working with them – the Gokada, Gomax, Opay all went to him and he was impressed, look it is a welcome idea it is an integral part of the transportation system.

“It is because we are trying to regulate it. Some bikes would run only strictly within gated estates; they are not banned.

“There are bikes that would run inner roads; they are not banned. The restriction means we don’t want you here at all until things are being perfected, perfect the law, perfect your documentations, and then we give you rules and regulations to abide by.

“I will appeal to Lagosians to please be patient and trust for once the process of getting things done for the Lagos State Government.

“I am not the Commissioner for transportation, and I wouldn’t speak for the ministry of transportation. I would speak in a capacity as an honourable member making laws to soothe the people and their everyday needs.

“I represent the people. What I am saying to you is that this decision is taken in good faith to achieve a better and greater transport sector”, he said.

Lagos News

NURTW to Deal With Transporters Who Increase Fare – MC Oluomo

The Chairman of the National Union of Road Transport Workers, Lagos State, Musiliu Akinsanya aka MC Oluomo, has vowed to deal with transporters who are reportedly taking advantage of the Okada ban in the state.

In a statement released on Monday, the Chairman reveals that members have been informed that the leadership of the Union has not approve any increment in the cost of transportation from different locations within Lagos.

”There is no price increase and no Commercial drivers or member of the NURTW should inflict additional burden on the good people of Lagos by increasing their transport fare.

Any drivers or union member found to be taking undue advantage of the situation by indiscriminately increasing transport fare will be dealt with.”

He added that the Union is also talking to the Lagos State Government to review the ban and restriction on motorcycle and tricycle riders in the state.

”We will meet with the state government and appropriate stakeholders to find a workable solution to the situation that necessitated the ban in the first place.”


Lagos News

Lagos Okada Ban: Minister of Transport Fears Unemployment, Insecurity

The Minister of Transportation, Rotimi Amaechi, has warned the Lagos State Governor, Babajide Sanwo-Olu, that the ban on motorcycle (okada) and tricycle (keke) operators would amount to increase in unemployment and insecurity.

He said this when he appeared as a guest on a programme on Channels Television, Sunrise Daily, and monitored by our correspondent on Monday.

It will be recalled that the LASG had on Saturday banned the operations of motorcycle and tricycle operators in 15 local councils and major roads.

Though Amaechi consented that motorcycles were used to rob during his tenure as a governor in Rivers State, he cautioned that banning motorcycle operators has its consequences.

He said, “Speaking as a former Governor, when I was in Rivers State, they were using motorcycles to rob and kidnap people, and the police could never get them because they were using cars; so I banned motorcycles and we had peace. The number of accidents was also high – the orthopaedic hospital was full every day.

“I don’t know the reason why the Governor of Lagos state banned it; only he can tell you. I am sure he made his decision based on the interests of a majority of Lagosians.

“But he has a problem to face, which is unemployment and an increase in crime.”


Lagos News

Okada Riders Protest, Clash With Police in Ijora

Some motorcycles and tricycles riders on Monday embarked on a wide protest in Ijora against the ban by the Lagos State Government

It was learnt that the clash occurred when the police officers attempted to stop the protest embarked upon by the riders.

During the protest which started around 08.21 am on Monday, the protesters blocked the road, burning tyres.


I am finer than most ladies, I want to be pregnant – Bobrisky

Controversial social media entertainer,  Idris Okuneye aka Bobrisky has taken to social media to share his intentions to become pregnant.

According to Bobrisky, she wants God to give her a womb.

Bobrisky stated that she is already finer than most women, adding that all she needs to hold down her boo, is a womb.

”Since God can make me finer than lot of girls y can’t he give me a WOMB… d way pregnant is hungry me ehnnnn. I have money 💴 where can I buy womb 😢😢😢😢😢. If I can be pregnant for bae chai my own don better !!!!” he lamented.







Lagos News

Lagos State Deploys 65 Buses on Major Roads

Lagos State Governor, Mr. Babajide Sanwo-Olu has directed the management of Lagos Bus Services Limited to deploy a fleet of 65 buses along major routes from Monday, February 3, 2020.

This directive is in line with the effort to  alleviate the hardship commuters might face as a result of the restriction order on the operators of motorcycles and tricycles in some parts of the State.

The new routes where the LBSL will extend its services from tomorrow and the specified transport fares are:
1. Ikeja – Ogba:  N100
2. Berger – Ogba: N100
3. Ikeja – CMS:  N200
4. Oshodi – Ajah: N500
5. Obalende – Ajah: N250
6. CMS – Ajah: N250
7. Inner Marina – Ajah: N250

According to the MD/CEO Lagos Bus Services Limited, Mr. Idowu Oguntona, extending the services of the company to these locations will help reduce the vacuum created by the restriction order of Lagos State Government on Okada and Keke operators in some areas.

While maintaining that commuters will enjoy the pleasure and comfort of riding in the new buses along these routes, Oguntona disclosed that more buses will be deployed by the company in no distant time.

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Don’t register again – JAMB tells candidates at blacklisted centers

The Joint Admissions and Matriculation Board (JAMB) on Friday called on candidates who registered for the 2020 Unified Tertiary Matriculation Examination (UTME) in some recently blacklisted centres that there is nothing to worry about.

The Board’s Head, Media and Information, Dr Fabian Benjamin, who made the call in an interview with the News Agency of Nigeria (NAN) on Friday said that there was no need for the candidates to panic or consider going for another registration as this would automatically disqualify them from participating in the board’s forthcoming examination.

JAMB announced recently that it had blacklisted 41 centres out of 692 accredited so far for the exercise nationwide, over issues bordering on registration cyber fraud, extortion and technical deficiency.

“We want to call on all candidates who registered in all of these affected centres not to panic or start considering going for another registration elsewhere.
“This will amount to double registration and with this, they stand automatically disqualified for this year’s Unified Tertiary Matriculation Examination. Their biometrics will indicate this on the day of the examination.
“We want to let them know that indeed, they have nothing to fear, as the security agents are already verifying the culpability of all those involved and at the appropriate time, we will do the needful,” Benjamin said.

Lagos News

492 Families Benefits from Sanwo-Olu’s Maiden Housing Scheme

…It’s Another Promise Fulfilled, 

Lagos State Governor, Mr. Babajide Sanwo-Olu on Friday presented keys to beneficiaries of his administration’s maiden rent-to-own housing scheme.

Governor Sanwo-Olu allotted all the apartments of the Lateef Kayode Jakande Housing Estate in Igando to 492 families certified by the State’s Mortgage Board to benefit from the scheme. The allocation came four months after the housing estate was completed by the Sanwo-Olu administration.

A 56-year-old widow, Mrs. Fatimat Kosoko, betrayed emotion as her name was being announced to benefit in the scheme.

The mother of four, who is a staff of the Ministry of Education, said the scheme had brought a “huge relief” to her family, eight years after she had been struggling to provide decent accommodation for her children, following husband’s demise. She got a 40 per cent rebate on the monthly payment to service the mortgage.

Sanwo-Olu described the development as “a promise kept ahead of time”, noting that his administration’s modified rent-to-own housing scheme took off earlier than expected.

The Governor reiterated that provision of decent homes for a large number of residents across the State remained a key thrust of his administration’s social intervention scheme, stressing that his Government had introduced a simple mortgage model to expand the opportunity to low-income families.

He said: “We cannot overemphasise how critical housing is to all residents. We made a promise that we will deliver decent homes to our people. For us to start fulfilling this promise earlier than we predicted, it shows the credibility and our readiness to stand with our pledges to Lagosians. It’s a promise kept ahead of time.

“Therefore, it is with great pleasure to hand over keys to apartments of Lateef Kayode Jakande Gardens to all beneficiaries selected by the Mortgage Board. Shelter, as we all know, is critical to fulfilling all other activities of life. Home ownership is a mark of great accomplishment, especially in city like Lagos. My joy knows no bound as ordinary people now boast of owning decent homes under my administration.”

The Governor said the delivery of affordable housing to low-income residents underscored “irrevocable commitment” of his administration to actualise its agenda of building a 21st century economy and attaining ‘Greater Lagos’.

Sanwo-Olu promised that his Government would continue to make more impacts through social intervention schemes, pledging that other ongoing housing projects would be completed.

He also said the welfare of the State workers would be a priority of his administration, disclosing that he had directed the Ministry of Housing to reserve 10 per cent of the properties developed by the Government for civil servant to keep them committed to the service of the State.

The Governor advised those who missed out in the maiden housing scheme not to lose hope; their applications, he said, would be re-considered in the subsequent schemes coming later in the year

Sanwo-Olu urged the allottes to take ownership of the Estate by maintaining all facilities provided in the Estate.

Commissioner for Housing, Hon. Moruf Akinderu-Fatai, said all housing schemes initiated by the previous administrations were being speedily worked on for completion on the order of the Governor.

He disclosed that the Government would be delivering additional 360 homes in Igbogbo, 744 homes in Sangotedo, 660 homes in Agbowa and 680 apartments in Egan Igando.

He said: “We are working on innovative strategies, which will enable us use technology to reduce time of construction, increase quality of homes and reduce the cost of building to make the housing scheme more affordable.”

He said the the Sanwo-Olu administration’s modified rent-to-own scheme had given relief to applicants by making them pay 5 per cent commitment fee and spread the balance on monthly basis for over a period of 10 years.

Akinderu-Fatai said the housing scheme was conceived with the objective to create first-time home owners within the next four years.

A beneficiary, Sonoiki Idowu, who was once one-day Governor in Lagos, could not hide his joy after being presented with the key to his apartment.

He said: “I’m coming from a background where we can’t afford to rent a good apartment, much less buying a home. Today, I can say I have owned a decent home. May God bless Mr. Babajide Sanwo-Olu for this wonderful housing programme.”

Lagos News

Motorcycle Operators Protest Against Okada Ban in Lagos

Motorcycle operators on Friday stormed the streets of Lagos to express their grievances over the recent decision of the state government to restrict their movement in some Local Government Areas, bridges, and highways in the state.

The operators which include majorly that of Gokada and staged a peaceful protest from Oregun road to the state capital in Ikeja.

Bearing various placards, the protesters appealed to the state government to regulate their services and not restrict them from operating.

They lamented that the business is their only means of survival.

Commissioner for Information and Strategy, Gbenga Omotoso, announced earlier this week that the government would enforce the ban on motorcycles and tricycles in six local government areas, as well as major highways and bridges from February 1.

He explained that the decision was taken after a robust assessment of the debate on the rate of accidents in Lagos, saying security and safety of the lives of the residents were paramount.

He also warned that all offenders and violators would be dealt with in accordance with the laws of the state.

Lagos News

Pension: Lagos to Pay 444 Retirees N1.92bn

About 444 retirees of the Lagos State Public Service will receive N1.92 Billion for Accrued Pension Rights, the Lagos State Government has said. 

Speaking at the 71st batch Retirement Bond Certificates presentation ceremony held at the NECA Auditorium recently, the Director-General, Lagos State Pension Commission (LASPEC), Mrs. Folashade Onanuga said the number of beneficiaries and amount involved was the biggest so far in the payment of accrued pension rights.

She reiterated that from inception of the Contributory Pension Scheme, the State Government complied with the financial obligation demanded by the Scheme.

According to her, the present administration should be commended for the Pension bailout fund of N13 billion approved in the year 2020 budget and for increasing the redemption funding rate from 5 % to 10% of total emolument of active workers

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Coronavirus: Lagos announces plans to quarantine Chinese returnees

The Lagos State Government has announced plans to quarantine all Chinese returning to Lagos from their country to prevent the outbreak of coronavirus.

Speaking during a press conference, the state Commissioner for Health, Prof. Akin Abayomi, said the Chinese government, through her embassy in Nigeria was working with Lagos State Government to prevent the entry of coronavirus into the state.

He said, “We are very happy with the cooperation we are receiving from the Chinese government. We’ve had a very serious and high-level discussion with the Chinese government through their embassy in Lagos.

Our primary concern has been the return of their citizens to Lagos in a few days and we are happy to inform you that the Embassy of China is also concerned about this, and they have sent out information through notifications to their citizens and companies located in Lagos that their citizens should try and remain in China until there is clarity about how this infection is going.

“However, if some of them choose to return, and we cannot restrict people, if they do return to Lagos, the instruction from the Chinese Embassy is that they should be quarantined for a period of 10 to 14 days in their houses, hostels and accommodations.”

The commissioner added that officials of the Ministry of Health would meet with associations and businessmen in Lagos, particularly those who make use of the China-Nigeria trade routes to advise them on their travels to Asian countries, particularly China.


Crime Lagos News

Magistrate Court charges bus conductor in Lagos

Magistrates’ Court in Lagos on Thursday charged a bus conductor known as Sikiru Dada for assault on a police officer and an official of the National Union Of Road Transport Workers (NURTW).

Dada, a resident of Abule-Egba, Lagos, is facing charges of breach of peace, assault and resisting arrest.

The Prosecutor, Insp, Adegoke Philip, told the court that the defendant committed the offenses on Jan. 2, at Alagbado, Lagos.

He said that the defendant conducted himself in a manner likely to cause a breach of peace by assaulting Insp. Yemi Olawale and Mr. Wale Ajayi.

“The defendant stormed the motor garage, started beating Ajayi with a weapon, and the union called the police.

“When the police got to the scene and wanted to arrest the defendant, he resisted arrest; instead, he punched Insp. Olawale severally on his face, which caused severe injuries on his left eye.

“He was eventually taken to the station,” the prosecutor said.

The offenses, Philip said, contravene Sections 117, 168 and 174 of the Criminal Law of Lagos State, 2015.





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JUST IN: Jonathan visits Buhari in Aso Rock

Former President Goodluck Jonathan visited the Presidential Villa, Abuja, for a meeting with Nigerian President, General Muhammadu Buhari.

Jonathan was sighted entering the President’s office this afternoon.

He came shortly after a meeting of the National Security Council presided over by Buhari ended.

All heads of security agencies attended the meeting.

Lagos News

Lagos Raises N100bn from Capital Market for Infrastructure

The Lagos State Governor, Mr. Babajide Sanwo-Olu, approved the sum of N100.33 billion, a fund raised from the capital market to fund infrastructure and pressing capital projects, thus opening a new chapter in the state’s stride towards attaining self-sustenance in finance and governance.

At a signing ceremony held at the State House in Alausa, Sanwo-Olu, investors and issuing parties put the final ink on the over-subscribed Series Three Bond Issuance of N100 billion, which was issued and raised by the state government under its N500 billion Third Debt Issuance Programme approved four years ago, Thisday reported.

The visibly excited governor declared the moment as “historic and new journey” for the state in its drive to provide requisite infrastructure to catalyse its economy, saying it is the largest bond programme ever embarked on by any sub-national entity in the country.

He said: “We have embarked on a new journey that is not meant to serve our personal interest, but to activate more prosperity for our dear Lagos and give our people the hope for better tomorrow we all dreamed. When we came into government, we made commitment to all Lagosians that we are coming to pursue and implement an agenda that will build our capacity to achieve ‘Greater Lagos’ we all will be proud of.

“Today, I am standing in front of you all to say we are writing the financial history of Lagos in another chapter today and it will bring good dividends to all residents. With this N100 billion, bond, we will ensure that all Lagosians feel the direct impact of this intervention in their homes and on the roads. We are bringing new infrastructure and repairing the existing ones, including bridges and hospitals. We are going to renovate schools and build new ones for our children; slums will be regenerated and pressing environmental issues we are going to solve. We are going to make people feel the essence of governance.”

Sanwo-Olu said the effort to raise the bond started three months ago with a simple discussion with professional partners led by Chapel Hill Denham.

He added that the state almost missed the opportunity as the statutory period recommended by Security and Exchange Commission (SEC) to raise such bond was about closing when the state started pushing for the bond issuance.

The governor said the partners staked their time and energy for the state to secure essential requirements to access the capital for the bond.

According to him, within a period of three months, the partners helped the state government to restructure its balance sheet and reduced the state’s interest expense by N17 billion, which gave the state the opportunity to raise the bond from the capital market.

“Less than three months down the line, we are celebrating the biggest sub-national bond issuance today and the team of partners has also helped us to restructure our entire balance sheet. We have been able to revert the entire borrowing of Lagos from very high rate to acceptable numbers. The team has also helped us to reduce interest expense by N17 billion, which made it easy for us to approach the financial market,” Sanwo-Olu stated.

He promised not to betray the confidence of investors that subscribed to the bond, pledging that the funds would be disbursed strictly to finance infrastructural projects required to boost the state’s economy.

The state Commissioner for Finance, Dr. Rabiu Olowo, said the state accelerated the bond programme in response to the need to close “huge infrastructural gap” in the face of limited financial resources available to the state.

He added that the state government took the advantage of favourable investment climate in the capital market to issue the “Series Three” of its bond programme to raise the money.

He said: “The cost of inaction would have been huge and it would mean over 20 million Lagosians would be underserved in many areas. It was, therefore, with this mandate that the Lagos government sought the support of professional advisers to access the capital market in December 2019.

“It is fulfilling to note that, despite hurdles we faced, we have been able to achieve the target we set for ourselves. In fact, we exceeded the target. I want to assure all residents that the proceeds from this bond issuance programme will be judiciously utilised in line with our T.H.E.M.E.S agenda to achieve a greater Lagos.”




Lagos News

Sanwo-Olu praises Munachi, 12yr-old author of 3 books

Lagos State governor, Mr. Babajide Sanwo-Olu has showered praises on child prodigy and 12-year-old author, Munachi Mbonu, a student of Atlantic Hall, Lagos, on the publication of her third book titled ‘Father’s Will’.

‘Father’s Will’ is a fantasy interwoven with science fiction, in which the main character, a super cop, demonstrates innate powers to solve earth-shattering cases.

Munachi had previously authored two books: ‘Concealed’ and ‘Chidubem’.

Sanwo-Olu, was among distinguished personalities at the unveiling ceremony. The governor, who was visibly impressed, praised the teenage author and encouraged her not to relent in her efforts.

“Munachi is no doubt on a path to greatness. She has defined her path and I must say without a doubt that the sky is her limit,” the governor said.

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