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Lagos Govt Says Makoko Demolitions Part of Safety, Redevelopment Plan

By Ayomide Otitoju The Lagos State Government has clarified that recent demolitions in Makoko were part of a broader safety, environmental, and redevelopment initiative aimed at protecting lives and preventing disasters linked to unsafe settlements, fire outbreaks, and high-risk infrastructure. The statement was made on Monday during a press briefing by Dr. Olajide Babatunde, Special…

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Sanwo-Olu Urges Investors to Partner with Lagos for Development

By Ayomide Otitoju Lagos State Governor, Babajide Sanwo-Olu, on Monday called on local and international investors to channel investments into Lagos, emphasizing the State’s readiness to partner with the private sector to drive development. Speaking at the Nigeria-UAE Investment Forum, “Investopia Global Africa,” organized by the Federal Ministry of Industry, Trade and Investment at Eko…

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₦501bn Bond Boosts Nigeria’s Power Sector Debt Resolution

By Ayomide Otitoju Africa Finance Corporation (AFC) has announced its role as Co-Financial Adviser on the successful issuance of the inaugural tranche of bonds under the Federal Government of Nigeria’s Presidential Power Sector Financial Reforms Programme (PPSFRP). The bond issuance, valued at ₦501 billion, represents a major milestone in the implementation of the ₦4 trillion…

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Labour Party Announces Plans for Congresses, National Convention

By Ayomide Otitoju Abia State Governor Alex Otti has announced that the Labour Party (LP) has formally informed the Independent National Electoral Commission (INEC) of plans to conduct party congresses and a national convention as part of efforts to strengthen internal cohesion. Speaking at a press briefing on Saturday, Otti said preparations are already underway…

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