Pool Photo Lagos State House of Assembly has called on the Governor, Babajide Sanwo-Olu, to create Micro, Small, and Medium Enterprises, MSMEs, hubs in the three senatorial districts in the state. The call was part of the Motion entitled; “Call on the State Government to Establish Micro, Small and Medium Enterprises MSMEs, Commercial Hubs In All The Senatorial Districts of Lagos State,” raised by a member representing Kosofe Constituency 1, Mr. Ganiyu Okanlawon, during yesterday plenary. Moving the motion, Okanlawon opined that, life will become bearable if MSMEs grow, stating that the idea of SMEs as conceived by China brought about growth in the nation’s economy. According to him, establishing commercial hubs in places including Epe, Ibeju Lekki among others would grow the economy of t...
Contrary to the publication by BudgIT, a public finance analyst, the Lagos State Government said it is economically and financially solid. The state Commissioner for Finance, Dr. Rabiu Olowo, made the assertion in a statement on Monday in reaction to BudgIT, publication, titled: ‘Ability of States to Meet Monthly Recurrent Expenditure and Loan Repayment Obligations, 2019’, which the state Governor, Babajide Sanwo-Olu, administration described as “misinformation”. According to Olowo, BudgIT has apologized for its error in the report. According to Olowo, the facts are: “Lagos State continues to meet all its recurrent and loan service obligations and the information that was published in incorrect, inaccurate and a gross distortion of the actual facts. “The accurate information that ought to ...
The Federal Government on Monday in Abuja has set up modalities for the disbursement of 2, 000 buses to cushion effects of subsidy removal. Dr George Akume, Minister of Special Duties and Intergovernmental Affairs in his speech at Inter-Ministerial Stakeholders meeting on Poverty Alleviation, said the initiative was also part of programme to lift 100 million Nigerians out of poverty. Akume said the initiative was in collaboration between his ministry, Agriculture and other government agencies saying the disbursement of the buses would be through cooperative societies of Nigeria. He recalled that President Muhammadu Buhari in his 2019 democracy speech, promised to lift 100 Nigerians out of poverty through numerous governments` initiatives. “The alleviation of poverty in Nigeria has been and...
Plateau State government has denied the allegation of taking $350m African Development Bank, AfDB loan saying such allegation is frivolous as the government only took $11.2 million of which, 70% of the amount is being committed to infrastructure, 20% to capacity building and 10% for project management. A former Minister of Youth and Sports, Solomon Dalung, last Thursday at a webinar discussing why Plateau State lost its relevance at the national stage, accused the Governor, Simon Lalong of non-performance despite taking loans that have no impact on the lives of citizens. Dalung said, “$350 million (N140 billion) was approved for the Plateau State governemnt by the Federal Executive Council for the purpose of the potato value chain. I was a serving Minister at the time, so I was part of tha...
Lagos State Employment Trust Fund Lagos State Government in partnership with First Bank of Nigeria has launched N5 billion Post-Coronavirus (COVID-19) Recovery Support capital for the education sector to support low-cost private schools across the state in mitigating the negative impact of the pandemic. The intervention fund, which targets over 2,000 private schools, was formally launched by Governor Babajide Sanwo-Olu on Friday at a ceremony held at the Banquet Hall in the State House, Alausa, Ikeja. Lagos State Employment Trust Fund (LSETF) collaborated with First Bank of Nigeria Limited to facilitate the matching fund, which will be given as a loan to schools and vocational education centres across the State. Sanwo-Olu said the intervention was part of the State Government’s sustainable...
International Olympic Committee (IOC) President, Thomas Bach, has urged organisers to focus on the preparations for next year’s Olympic and Paralympic Games in Tokyo as a virtual Coordination Commission meeting got underway. The Coordination Commission, chaired by IOC vice-president John Coates, is set to discuss ways to stage Tokyo 2020 during the pandemic with Tokyo city, Government officials and members of the Organising Committee. Virtual meetings held in two days are expected to focus on simplification measures to reduce the cost of the postponed Games and coronavirus countermeasures. Bach addressed organisers over a video conference call. “Nobody can expect from us that we know already, exactly what needs to be done in 10 month from now to ensure a safe environment for everybody,” he...
President Muhammadu Buhari Thursday explained that the recently passed Companies and Allied Matters Act, 2020 (CAMA) in Nigeria will enhance transparency and corporate accountability in the fight against corruption. President Buhari spoke in a video message presented at the Open Government Partnership (OGP) 2020 Virtual Leaders’ Summit on the sidelines of the 75th Session of the United Nations General Assembly (UNGA75) in New York, United States. ”Since the inception of our Administration in 2015, the Government has been committed to changing international and domestic perceptions regarding Nigeria’s commitment to fight corruption and foster good governance. ”We focused on the task of dealing head-on with this destructive monster, which led to us joining the Open Government Partnership and...
Nigeria Union of Teachers The Nigerian Union of Teachers (NUT), Jos East Chapter, on Wednesday decried the non-implementations of the new minimum wage in the state. Its Chairman, Mr Samuel Agwom, voiced the teachers’ concerns when he led other NUT officials on a courtesy visit to the Speaker, Plateau House of Assembly, Mr Abok Ayuba. Agwom appealed to the Plateau government to quickly initiate the process of implementing the new minimum wage for civil servants, especially the primary school teachers. “As teachers, we are crying over the non-implementation of the new minimum wage and we want to believe that you have the ability to channel this concern to the state government. “Another challenge is the late payment of salaries of teachers. As primary school teachers, we lay the foundation of...