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Nigerian government seeks new Eurobond

The federal government yesterday disclosed that it would approach the Eurobond market next year in its effort to shore up the economy, amidst cocktails of measures being put in place to douse the effects of the Covid-19 pandemic on the economy. On the same day, Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, while speaking at the 55th Annual Bankers Dinner organised by the Chartered Institute of Bankers of Nigeria (CIBN) in Lagos, predicted a two per cent growth in the country’s Gross Domestic Product (GDP) in 2021. Finance Minister, Zainab Ahmed, who disclosed the Eurobond plan while speaking on Bloomberg TV, explained that the decision would depend on the prevailing interest rates. She, however, did not specify the amount to be accessed from the Eurobond. The Eurobond option is ...

Lagos government plans internship programme for young graduates

The Lagos State Government on Friday said it was planning a six-month Internship Programme for 4,000 young graduates in the state. Lagos State Governor, Mr. Babajide Sanwo-Olu said this during the inauguration of a 28-room Administrative Block constructed by Agboyi-Ketu Local Council Development Area. Sanwo-Olu said that the 4,000 fresh graduates would be paid a monthly stipend of N40,000 for the six months programme, adding that there was an urgent need for government at all levels to prioritise youth development, empowerment and mentoring. According to him, the recent EndSARS protest must be seen as a wakeup call for government at all levels to do more for young people who are demanding for better opportunities and engagements. ”As we prepare for a new fiscal year, let us ensure that ade...

#EndSARS: Our losses can’t be quantified – LCC

As the probe into the shooting at the Lekki Toll Gate continues, the panel set up by the state government to look into the incident has been told by Mr Abayomi Omomuwa, managing director, Lekki Concession Company, operator of the tollgate, that he could not quantify the losses when the toll gate was occupied by #EndSARS protesters in October. Omomuwa also told the panel that contrary to insinuations, the toll gate was owned by private investors until 2014 when the Lagos State Government acquired it 100 per cent. Omomuwa who disclosed this while under cross-examination by a counsel for some #EndSARS protesters, Mr Adesina Ogunlana, said, “I believe that is the business of the company, not something to discuss in public.” When pressed further by Ogunlana, the LCC MD said, “It is obvious, whe...

NDLEA seals off cannabis warehouse, seizes drugs worth N24 million

The Lagos Command of the National Law Drug Enforcement Agency (NDLEA) has clamped down on a Cannabis warehouse in Lagos state, seizing over five tons of Cannabis worth about N24 million The post NDLEA seals off cannabis warehouse, seizes drugs worth N24 million appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.

Our plans to preserve Fulfulde language – Fulani leader

The Sarkin Fulani of Lagos State and chairman, association of Fulani Chiefs, South West, Alhaji Mohammed Bambado, yesterday, lamented that the Fulfulde language is gradually going into extinction but promised to preserve the language. The post Our plans to preserve Fulfulde language – Fulani leader appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.

Police dismiss 10 officers for misconduct in Lagos

The Police Command in Lagos yesterday announced the dismissal of 10 police officers for various offences. The command’s spokesperson, SP Olumuyiwa Adejobi, in a statement, said this was in a bid to promote discipline and core values of policing in the state. Adejobi said the command tried 81 personnel for various criminal and disciplinary offences that were committed between October 2019 and October 2020. The offences, he said, ranged from murder, discreditable conducts, excessive use of power, corrupt practices and negligence. According to him, the command dismissed 10 personnel, reduced the ranks of 18 officers and issued warning letters to others. “Others were awarded extra fatigue, while 16 of the men were discharged and acquitted for want of evidence. “The personnel tried in the order...

Senator Tinubu hails Governor Sanwo-Olu’s plan to stop ex-governors’ pensions

A former Governor of Lagos State, Bola Tinubu, has hailed Governor Babajide Sanwo-Olu for his plan to repeal the Lagos State law that would ensure life pensions for former governors and deputy governors. The All Progressives Congress chieftain said this in a series of tweets on Wednesday. The former governor tweeted, “Congratulations to Governor Sanwo-Olu over the 2021 budget which he appropriately christened ‘Budget of Rekindled Hope’. This audacious and enterprising budget will empower our people and begin to rebuild Lagos State. “In particular, I would also like to commend the governor for the plan to commence the repeal of the pension law giving pension packages to former governors and their deputies. This is a bold and courageous move by Mr. Governor and I wholeheartedly support him. ...

Lagos governor confirms appointment of agric commissioner

Lagos State Governor, Babajide Sanwo-Olu, has confirmed the appointment of Ms Abisola Olusanya as the substantive Commissioner for Agriculture. The confirmation was contained in a circular issued on Wednesday by the State Head of Service, Hakeem Muri-Okunola. Sanwo-Olu wishes the new commissioner a successful tenure in office and congratulates her on the appointment. Olusanya was first appointed into the State Executive Council on Aug. 20, 2019, as a Special Adviser on Agriculture. She was similarly appointed as the Acting Commissioner for Agriculture on June 8 upon the resignation and subsequent coronation of the erstwhile Commissioner for Agriculture, HRM Oba Omogbolahan Lawal, Abisogun II as the 15th Oniru of Iru Kingdom. Get more stories like this on Twitter You Deserve to Make Money E...

Lagos APC, PDP bicker over calls for governor’s resignation

The ruling All Progressive Congress (APC) in Lagos State says Babajide Sanwo-Olu remains undaunted and could not be distracted from delivering on his social contract with the people. Lagos APC spokesman Seye Oladejo said this while reacting to calls by the opposition Peoples Democratic Party (PDP) to Sanwo-Olu to consider resignation in view of what PDP called “the collapse of good governance in the state, particularly in the last 10 days”. Oladejo said the PDP call is an invitation to anarchy, saying “the call for resignation remains the wish of a frustrated opposition battling its permanent implosion”. The dream of PDP to govern Lagos through the back door after persistent rejection at the polls remains a nightmare. Oladejo said that the fact that the wanton destruction of public propert...

#EndSARS: PDP asks Lagos governor to resign

The Peoples Democratic Party, (PDP), Lagos State chapter, has asked Governor Babajide Sanwo-Olu, to resign as he no longer enjoys the confidence of the people. Publicity Secretary of the party in the state, Taofik Gani, on Sunday, said Gov Sanwo-Olu can no longer be trusted in the wake of the Nigerian Army’s disclosure that it was the governor that invited them to quell and disperse the #EndSARS protesters at the Lekki Toll-Gate, where an unspecified number of people were either killed or injured. He said, “The PDP is of the view that it is more expedient for Governor Babajide Sanwo-Olu to step aside now that the Nigerian Army has revealed him as the person who invited the soldiers to go quell the Lekki protests which have led to unfortunate fatalities and grievous injuries. Obviously, Lag...