The Lagos State Government has disclosed that it would soon commence the removal of all illegal structures on the right-of-way of the proposed Lagos-Calabar coastal highway. The State Government has served removal notice to the owners of the affected physical structures and other properties within this category. According to a notice dated March 22, 2024, from the Office of Issuance: Development Matters Department and addressed to one of the owners of the property, public notices have been made in two national dailies in this regard. The notice stated that publications were carried out on Friday 15 and Saturday, March 16…
Author: Elvis Eromosele
Elvis Eromosele Nigeria is a complex country. It is facing significant challenges across nearly every sector. Today, the confluence of rising insecurity, galloping inflation, and diminishing productivity has plunged the nation into an economic quagmire. As prices soar and manufacturers shutter their operations, the imperative for decisive action to foster economic recovery and stability has never been more urgent. The urgency is palpable. Government business as usual would not cut. It is time that the government explore how a forward-focused approach can serve as a beacon of hope, guiding the government in charting a path towards sustainable economic rejuvenation. Experts…
Following recent undersea cable cuts that challenged connectivities in many countries in the West African region, Nigeria has called for a coordinated and multilateral approach by the region to protect shared telecommunications infrastructure, and diversify connectivity to ensure uninterruptible connections. Dr. Aminu Maida, Executive Vice Chairman of the Nigerian Communications Commission (NCC), made the submission in a statement delivered at the 21st West Africa Telecommunications Regulatory Assembly (WATRA) Annual General Meeting (AGM) which held in Freetown, Sierra Leone, from the 19th to 22nd March 2024. Dr. Maida, whose message was delivered at the WATRA AGM by Nnenna Ukoha, Deputy Director,…
The Nigerian Communications Commission (NCC) has partnered with the National Identity Management Commission (NIMC) to improve the linkage of the National Identification Number-SIM across the country. This was disclosed in a statement jointly signed by Ayodele Babalola, the Technical Adviser, Media, and Communications to the DG/CEO of NIMC, and Reuben Muoka the Director, Public Affairs, NCC, and made available to journalists in Abuja on Sunday. The NIN-SIM linkage exercise has recently become the subject of national discourse, reflecting the critical importance of aligning SIM registrations with individuals’ unique NINs. In recognition of the significance of this initiative in enhancing security…
The Lagos State Governor, Mr Babajide Sanwo-Olu, has stated his resolve to collaborate with Mastercard to promote technology, digitalisation and innovation in the state. Sanwo-Olu said this on Thursday when the Management of Mastercard led by its President for Eastern Europe, Middle East and Africa, Dr Dimitrios Dosis, visited him at Lagos House, Marina, Lagos. The governor said his administration was open, willing and eager to make technology a way of life, adding that there was a lot the Lagos State Government and Mastercard could jointly develop and take forward in the area of technology. He said, “Part of our…
Following the conclusion of the 13 edition of the African Games in Ghana on Saturday, Team Nigeria finished second on the medal table with a total of 121 medals behind Egypt who claimed the top spot. Team Nigeria wrapped up the 2023 African Games with an impressive medal tally of 121 (47 gold, 34 silver, and 40 bronze) across 25 sports. Egypt emerged as the overall leader in the medal rankings, securing a total of 191 medals (102 gold, 47 silver, and 42 bronze). Weightlifting proved to be Nigeria’s most successful sport, amassing 32 medals (16 gold, 10 silver, and…
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The Nigerian Communications Commission (NCC) has announced 90 per cent restoration of data and voice services following the disruption on March 14, 2024, due to cuts in undersea fibre optics along the coasts of Cote d’Ivoire and Senegal. A statement by the commission, signed by Reuben Muoka, Director, Public Affairs, NCC, it read in part, “We are pleased to announce that services have now been restored to approximately 90 per cent of their peak utilization capacities.” According to the NCC, “All operators who were impacted by the cuts have taken recovery capacity from submarine cables which were not impacted by…
Dr. Agada Apochi, the Group Managing Director/CEO of Unified Payments Limited is the Keynote Speaker at the forthcoming The Nigeria Fintech & Financial Inclusion Roundtable 2024 scheduled for Friday, April 26, 2024 at Radisson Hotel, Ikeja (Lagos). The theme of the Roundtable is: The Impact of Fintech & Financial Inclusion in Citizen Empowerment and Economic Growth. Apochi is the Group Managing Director & CEO of Nigeria’s premier financial technology company, UP (Unified Payments), which is a group of companies with services including Banking, Payment Scheme, Financial Technology, Digital Commerce, Value Added Services, Payment Solutions, Software Solutions, etc. He is also the…
With over 40 million micro, small and medium enterprises (MSMEs) contributing nearly 50 per cent of the national GDP; accounting for over 84 per cent of total employment as well as 96 per cent of businesses in Nigeria, the MSME sector is undoubtedly the backbone of the Nigerian economy. However, a vast majority of these MSMEs operate informally without proper registration or access to finance and other critical support services. And this has significantly stifled their growth potential and broader contribution to sustainable economic development. Nigeria’s economic potential has long been touted, but unlocking it requires a concerted effort from…