Acting President, Prof. Yemi Osinbajo, on Tuesday said the Federal Government would deliver a fast and efficient rail service between Lagos and Ibadan by December 2018. Osinbajo, who spoke at the Nigerian Railway Corporation compound in Ebute-Meta, Lagos, during the ground-breaking ceremony, said the project was the segment II of the standard gauge Lagos-Kano rail […]
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Key stakeholders in the insurance and the Information Communication Technology industries would converge in Lagos on March 23, this year to discuss how to further use Information Communication Technology (ICT) to deepen insurance penetration in Nigeria. The conference being organised by Pinet Informatics Limited in collaboration with major stakeholders in the two industries is tagged […]
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About 40 fire incidents were recorded in different parts of Lagos State over the weekend, the Commissioner for Special Duties and Intergovernmental Relations, Mr Seye Oladejo, has said. Oladejo disclosed this in an interview with the News Agency of Nigeria (NAN) on Sunday at scene of fire outbreak at a plastic factory in Oshodi. NAN […]
Read More The Lagos State Government has continued the payment of retirees’ entitlements by paying another set of 148 retirees from the Mainstream Civil Service, Local Governments and State Universal Basic Education Board, Teachers Establishments and Pensions Office and other parastatals of Government. A statement from the Lagos State Pension Commission said the sum of N597m was […]
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Lagos State Governor, Mr. Akinwunmi Ambode, has said he remains committed to transforming the state from Nigeria’s commercial hub to being the centre of commerce and tourism in Africa, just as London is the hub of commerce and tourism in Europe. He said the vision to create a more prosperous and safer Lagos remained on […]
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The Budget 2017 presented by Governor Akinwunmi Ambode on November 29, 2016 to the Lagos State House of Assembly, yesterday was passed. The Budget proposal presented worth, stood at N812.9 billion The Recurrent Expenditure stands at N305.1billion and the total Capital Expenditure N507.8billion. Although the total budget size of N812.9billion approved by the House yesterday […]
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The Federal Ministry of Works says the reconstruction of the Lagos-Ibadan Expressway has reached 40 per cent completion. The ministry had in November said that the work had progressed up to 32 per cent completion. The Federal Controller of Works, Lagos, Mr. Godwin Eke, during a tour of the road by engineers supervising the project, […]
Read More The Lagos State Government on Friday issued its N47bn Series 1 Bond maturing in December, 2023 under its N500bn Third Debt Issuance Programme. Governor Akinwunmi Ambode, at the signing ceremony held at the Lagos House, Ikeja, said that the programme was targeted at improving the physical and social infrastructure base of the state. He said, […]
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The economic recession facing the nation may have a huge toll on the property market in Lagos, the nation’s commercial nerve centre. The situation has reportedly taken a deep cut in one of the major sources of revenue for the Lagos State government-land. Transactions are said to have dropped to as low as 30 per […]
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Following the sale of the first oil production from Aje field, partners in the Oil Mining Lease 113 offshore Lagos, where the field is located, have earned their first income. A top official of one of the partners disclosed this in a telephone interview with our correspondent on Wednesday, saying the second sale would be […]
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The Lagos state government has begun ridding waterways of debris and water hyacinth, as part of measures aimed at boosting water transportation and other related activities in the state. To this end, two water hyacinth and debris removal machines, have been deployed by the state government for the exercise. Governor Akinwunmi Ambode, while representing the […]
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The Center of Excellence of the Nation will soon begin to share in the 13 per cent revenue derivation paid to oil producing states. Lagos joined the club of oil producers months ago, with the efforts of an indigenous oil company, Folawiyo Oil. At a press briefing by several officials of the state government today, Commissioner […]
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