The Lagos State Government’s announcement of an eight-month rehabilitation project along the ever-busy Lekki-Ajah corridor has generated mixed reactions among residents, businesses, and daily commuters. While few would question the need for improved infrastructure on this critical stretch, many are rightly concerned that the timing of the project, from November 15, 2025, to July 15, 2026, is ill-considered, disruptive, and poorly aligned with the realities of Lagos’ traffic dynamics and seasonal pressures. The Lekki-Ajah axis is not just another road. It is the beating artery of one of the fastest-growing corridors in Africa. Thousands of workers, traders, schoolchildren, service providers,…
Author: Elvis Eromosele
The Ogun State Government has set an ambitious target of generating ₦500 billion in Internally Generated Revenue (IGR) for the 2026 fiscal year, as part of its plan to strengthen economic independence and sustainability. Governor Dapo Abiodun made this known during the Treasury Board meeting on the 2026–2028 Medium-Term Expenditure Framework (MTEF) and the 2026 budget session held in Abeokuta, the state capital. “We have set an ambitious target of generating ₦500 billion in Internally Generated Revenue to finance the 2026 fiscal year, as part of our drive to build a stronger and more self-sustaining Ogun State,” Abiodun said. Governor…
The Federal Government has partnered with more than 100 countries to share financial data and track the income of Nigerians earning remotely or working abroad, according to Taiwo Oyedele, Chairman of the Presidential Fiscal Policy and Tax Reforms Committee. Speaking at a webinar hosted by the National Orientation Agency (NOA) on Wednesday, themed “Simplifying Nigeria’s Tax System,” Oyedele said the move is part of a global effort to ensure compliance with tax obligations in the fast-growing digital economy. He explained that all remote workers, freelancers, and online income earners living in Nigeria, regardless of where their employers or clients are…
Nigeria is set to unlock up to $20 billion in new investments from 70 priority gas projects, as the country intensifies efforts to convert its vast natural gas reserves into engines of industrial growth, job creation, and energy security. The projects, drawn from over 200 proposals reviewed by the Decade of Gas Secretariat between July and August, represent the most promising ventures to drive Nigeria’s ambition of becoming a gas-powered economy by 2030, according to Farouk Ahmed, Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). “These identified projects can attract over $20 billion in investments, create…
The decision of the Central Bank of Nigeria to embark on aggressive interest rate hikes boosted investors’ demand for fixed income instruments in 2024, Kemi Awodein, President, Association of Issuing Houses of Nigeria, has said. Speaking on Thursday during the AIHN’s Annual General Meeting and presentation of 2024 financial statements in Lagos, she said the apex bank had relied on the interest rate hike to tackle inflation. The AIHN financial statements for 2024 showed that total funds and liabilities grew from N452.6m in 2023 to N518.2m in 2024. Its total income grew from N86.56m in 2023 to N123.6m in 2024,…
Your Excellency, President Bola Ahmed Tinubu, “Reputation is the Corner Stone of Power”… Robert Greene (Law 5) in 48 Laws of Power This is my humble summation to you as you continue to strive towards impacting the nation and the citizens positively with the array of policies and programmes you have embarked upon since May 2023. In my corner, I can say that you are making very good progress in restoring the economy, and hopefully, we will all become a better society with the work you are doing. As a citizen, permit me to pass this message to you with…
The Lagos State Government has announced an eight-month road rehabilitation project along the Lekki–Ajah corridor, scheduled to run from November 15, 2025, to July 15, 2026, as part of efforts to improve infrastructure and ease persistent congestion on the busy route. In a statement on Wednesday, Mr Oluwaseun Osiyemi, Commissioner for Transportation, announced that preliminary works have begun and the project will be executed in two phases to minimise disruptions for commuters. Phase 1 will cover the stretch from the Lekki first toll gate to the second toll gate, divided into seven sections. One lane will remain open to traffic while…
The Federal Government has officially cancelled the National Language Policy (NLP), which required the use of indigenous languages as the medium of instruction from early childhood to primary education. Dr. Tunji Alausa, Minister of Education, announced the reversal on Wednesday at the 2025 Language in Education International Conference organised by the British Council in Abuja. Approved in 2022, the NLP aimed to promote cultural preservation and improve learning outcomes by encouraging the use of mother tongues in teaching from Early Child Care Education to Primary Six, while English was to remain the official language in later education. However, Dr. Alausa…
The Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has announced the suspension of the 15 per cent ad-valorem import duty on imported Premium Motor Spirit (PMS) and diesel. The announcement was contained in a statement signed by George Ene-Ita, Director of the Public Affairs Department at NMDPRA. President Bola Ahmed Tinubu had earlier approved the import duty in October 2025, following a proposal by Zacch Adedeji, Executive Chairman of the Federal Inland Revenue Service (FIRS). The measure was intended to align import costs with domestic realities and support local refining under the administration’s Renewed Hope…
Dr. Samuel Ayetutu, fnipr has encouraged practitioners, agencies and corporate communication teams to complete their submissions for the Chairman of the Lagos Chapter of the Nigerian Institute of Public Relations (NIPR Lagos), the Lagos Public Relations Industry Gala and Awards (LaPRIGA) 2025, well ahead of the deadline. Speaking on the importance of timely submissions, Dr. Ayetutu emphasised that early entry preparation reflects professionalism and allows for higher-quality presentations. “My counsel is, be proactive,” Dr. Ayetutu stated. “We urge all individuals, agencies and corporate organisations to finalise their entries promptly to avoid the need for last-minute adjustments. Furthermore, we extend a…