Reports circulating online that the Office of the Lagos State Deputy Governor, Dr Kadri Obafemi Hamzat, spent N2.017 billion for the purchase of rechargeable fans, rechargeable lights and fridges have proved to be false after all. Investigations by this medium revealed that the state Public Procurement Agency made mistake in the figures it posted online on the budget performance from the Deputy Governor’s Office. An online medium had reported over the weekend that the Deputy Governor’s Office has spent the sum of N2.017 billion for the purchase of the aforementioned items. The online medium quoting figures posted on the website…
Author: Khadijah Olowode
Lagos State Governor, Mr. Babajide Sanwo-Olu, on Monday, 20 November, 2023, reiterated his administration’s commitment to investments from local and international companies, saying Lagos is ready for business and open to new investments. The Governor spoke during a courtesy visit by the management of the Daewoo Engineering and Construction Nigeria Limited, led by its Group Chairman, Mr. Jung Won Ju, at the Lagos House, Ikeja. Governor Sanwo-Olu assured investors that his administration will create an enabling environment for investments and businesses to grow in the State. He said the Lagos State Government is ready and willing to partner with Daewoo…
The Lagos State Internal Revenue Service (LIRS) has announced the immediate deployment of an upgraded process for the collection of Hotel Occupancy and Restaurants Consumption Tax (HORCT) in Lagos State. The Executive Chairman of the LIRS; Ayodele Subair, in a public notice directed at members of the public, operators and owners of hotels, event centres, restaurants, bars, and other related facilities in Lagos State said the new collection process called the Eco Fiscal System (EFS) is an automated invoicing solution, designed to revolutionize the collection of consumption taxes in Lagos State. He stated that the EFS evolution is in furtherance…
The Speaker of the Lagos State House of Assembly, Rt Hon Mudashiru Ajayi Obasa has named Imam Ridwan Lawal as his Senior Special Assistant on Islamic Affairs reports thegazellenews.com. Imam Lawal, a senior civil servant, is a member of the Lagos Assembly Muslim Community’s Missionary Committee. He is one of the leading Islamic figures in the Assembly and one of its Imams. Imam Lawal is a graduate of Political Science from the Lagos State University and holds a Master’s degree in International Law and Diplomacy from the University of Lagos. He is an alumnus of the prestigious International Law Institute (ILI),…
The First Lady of Nigeria, Senator Oluremi Tinubu, CON, has said the administration of President Bola Ahmed Tinubu, GCFR is laying the foundation for a more formidable nation with prospects of a great future. She was speaking at a dinner held in her honor by the Nigerians in Diaspora Organization, NIDO in Sierra Leone. The First Lady noted that the present administration in the country has the best interest of Nigerians as it focus, hence the bold policies and programmes put in place by government. “I can assure you. You can trust my husband. “Nigeria is like a fresh baby…
Ogun State Governor, Prince Dapo Abiodun has called on foreign businesses to make the state, especially the Special Economic Processing Zone, the destination of choice while considering investing in Nigeria. Prince Abiodun, while speaking as guest on CNBC Africa at the weekend on the sidelines of the Intra-African Trade Fair, put together by Afreximbank, in Cairo, Egypt, said Ogun State has put everything in place to host any business venture. He said Ogun State has the required infrastructure, including accessibility, access to power, and a youthful and educated population to make it investor-friendly. He said: “We like to refer to…
Foreign and local investors desirous of investing in Oyo State have been assured of a safe and secure environment, with the state Governor, ‘Seyi Makinde, insisting that the state is one of the safest in the country. The Governor gave this indication in an interview with CNBC Africa, on the sidelines of the Intra-Africa Trade Fair (IATF) 2023, held in Cairo, Egypt, noting that he has been running a responsible and responsive government, which has invested and continues to invest heavily on security. He added that apart from security, Oyo State has comparative advantages in the areas of its vast…
Dear Respected Shareholders Assalamu Alaikum Warahmatullahi Wabarakatuhu (May the peace, mercy, and blessings of Allah be upon you). I begin by praising Allah (SWT) and seeking His guidance, forgiveness, and protection from the wrongs we may commit. I bear witness that there is no deity worthy of worship except Allah alone, without any partners, and I bear witness that Muhammad (SAW) is His servant and final messenger. INTRODUCTION I am delighted to welcome you to the 13th Annual General Meeting and the presentation of our Annual Accounts. This gathering marks a significant milestone for me, as it is the final…
Dear Respected Shareholders Assalamu Alaikum Warahmatullahi Wabarakatuhu (May the peace, mercy, and blessings of Allah be upon you). I begin by praising Allah (SWT) and seeking His guidance, forgiveness, and protection from the wrongs we may commit. I bear witness that there is no deity worthy of worship except Allah alone, without any partners, and I bear witness that Muhammad (SAW) is His servant and final messenger. INTRODUCTION I am delighted to welcome you to the 13th Annual General Meeting and the presentation of our Annual Accounts. This gathering marks a significant milestone for me, as it is the final…
The Oyo State Government indicated its readiness to continue to build a sustainable and responsible gaming environment for residents and stakeholders in the state. Secretary to the State Government, Professor Olanike Adeyemo, stated at the weekend, noting that the government will continue to explore the opportunities of stakeholders capacity building and exploring industries as well as positive potentials associated with gambling and lottery and gambling policies. Adeyemo said this at the fifth annual stakeholders’ interactive forum, organised by the Oyo State Gaming Board, held at the Golden Tulip Hotel, Jericho, Ibadan. The interactive forum, which was aimed at engaging gaming…