Thursday, September 20, 2018

Tag "Akinwumi Ambode"

    ‘Nigeria beyond oil’ — Political, business leaders converge for FT Nigeria Summit

‘Nigeria beyond oil’ — Political, business leaders converge for FT Nigeria Summit

Business and political leaders will on Thursday discuss the way forward for Nigeria at the Financial Times Nigeria Summit.The event, which is scheduled to hold at the EKO Hotel and Suites, Lagos, will examine the various threads that make up the fabric called Nigeria.Topics to be discussed include art, technology, agriculture, banking and finance, currency policy, oil and gas, banking, [...]

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    Otedola denies governorship ambition rumours

Otedola denies governorship ambition rumours

Femi Otedola, chairman of Forte Oil, says he is not interested in running for the office of Lagos state governor in 2019.In tweets on his Twitter page, the billionaire said Akinwumi Ambode, Lagos state governor, is doing well and should be praised for it."My attention has been drawn to a news piece where false information from a parody account was [...]

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    EXTRA: Lagos now translating bills into pidgin

EXTRA: Lagos now translating bills into pidgin

The Lagos state government says it is now translating bills that have been passed into Pidgin Yoruba and Egun three languages.Benjamin Olabinjo, special adviser to the governor on civil engagement, told journalists on Friday that this is to ensure easy understanding and voluntary compliance.Already, he said eight bills had been translated and an additional six bills were in the process [...]

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    ‘Many aspects of the law are murderous’ — Lagos lawyers reject land use charge

‘Many aspects of the law are murderous’ — Lagos lawyers reject land use charge

The Nigerian Bar Association (NBA), Ikeja branch, has rejected the upward review of the land use charge by the administration of Akinwunmi Ambode, governor of Lagos.The law wants a property solely occupied by the owner for a residential purpose to be charged at a rate of 0.076 percent per annum.Also, a property occupied by the owner and tenant(s) or third [...]

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    Land use charge: We’re ready for dialogue, says Ambode

Land use charge: We’re ready for dialogue, says Ambode

Akinwumi Ambode, governor of Lagos state, says his administration is ready to dialogue on the land use charge.The state government recently replaced the land use charge law with a new one.According to the new law, a property solely occupied by the owner for a residential purpose will be charged at a rate of 0.076 percent per annum.A property occupied by the owner [...]

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    Ambode signs N1.046trn budget into law

Ambode signs N1.046trn budget into law

Akinwunmi Ambode, governor of Lagos state, on Monday signed the 2018 appropriation bill of the state into law with a total budget size of N1.046 trillion.This is the first time that Lagos state will have a budget of N1 trillion.The total budget size comprises of N347 billion to be funded from the consolidated revenue fund and N699 billion from the [...]

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    Removing roundabouts on Lekki-Epe expressway ‘saves commuters N240m daily’

Removing roundabouts on Lekki-Epe expressway ‘saves commuters N240m daily’

The Lagos state government says the removal of six roundabouts along the Lekki-Epe Expressway has saved residents and motorists N240 million daily and about N87 billion annually.Habib Haruna, chief press secretary to the Lagos state governor, said this in a statement."The Lekki-Epe road, as at the time it was reconstructed, was designed to accommodate about 30,000 vehicles per day, but [...]

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    Ambode presents record N1trn budget — N254bn less than Cross Rivers’

Ambode presents record N1trn budget — N254bn less than Cross Rivers’

Akinwumi Ambode, governor of Lagos state, has presented the 2018 budget before the state house of assembly.The N1.046 trillion budget is N254 billion less than Cross Rivers' 2018 budget. The south-south state estimated N1.3 trillion; the highest by any Nigerian state.Tagged budget of progress and development, it has a capital expenditure of N699 billion and a recurrent expenditure of N347billion.The [...]

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    Only 600,000 Lagosians are ‘up to date with tax’

Only 600,000 Lagosians are ‘up to date with tax’

Steve Ayorinde, Lagos state commissioner for information and strategy, says only 600,000 Lagosians have paid their taxes up to date.The state has a population of over 18 million people.In a statement on Monday, the commissioner said the Lagos state government had directed all its revenue agencies to enforce tax payments.Ayorinde said Akinwumi Ambode, governor of the state, has expressed concern over [...]

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    Ambode awards scholarship to one-day gov, says a woman will soon run Lagos

Ambode awards scholarship to one-day gov, says a woman will soon run Lagos

Akinwumi Ambode, governor of Lagos, says the state will have its first female governor in no distant time.Ambode made this statement on Wednesday when he received Zuffon Bukola, an SS2 student who became one-day governor of the state after winning the annual Spelling Bee competition.In a statement shared with TheCable, Ambode said the emergence of two female students as one-day [...]

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    Lagos to replace ‘Danfo’ with 5000 new buses

Lagos to replace ‘Danfo’ with 5000 new buses

Akinwunmi Ambode, Lagos state governor, has said the first set of 5,000 commercial buses under the 'bus reform initiative' will be flagged off within the next six months.Ambode disclosed this on Thursday when students of Harvard Kennedy School of Government, US, paid him a courtesy visit at the Lagos House in Ikeja.The governor said his administration was working round the [...]

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    Ambode speaks on steps Lagos is taking to have 24-hour power supply

Ambode speaks on steps Lagos is taking to have 24-hour power supply

Akinwumi Ambode, Lagos state governor, says in the next three or six years, the state will generate 3,000 megawatts of electricity through its embedded power programme.The programme involves direct intervention in the power value chain for the purpose of achieving 24-hour power supply for Lagos.Speaking at a meeting with officials of the Nigeria Electricity Regulatory Commission (NERC) in Abuja on [...]

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    Ambode: Lagos officials will be ‘going around’ to evacuate waste

Ambode: Lagos officials will be ‘going around’ to evacuate waste

Akinwumi Ambode, governor of Lagos state, says government officials will soon be going around the state to evacuate waste.Ambode said this on Wednesday while speaking at the third quarter town hall meeting, which held at the Badore ferry terminal in Ajah., the governor appealed to the people to exercise patience with the administration ahead of the Cleaner Lagos Initiative (CLI) [...]

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    As APC sweeps 57 councils, Ambode warns aggrieved politicians against resorting to self-help

As APC sweeps 57 councils, Ambode warns aggrieved politicians against resorting to self-help

Akinwunmi Ambode, governor of Lagos state, has warned those aggrieved by the victory of the All Progressives Congress (APC) in the local government election not to resort to self-help.Although the Lagos State Independent Electoral Commission (LASIEC) has not officially announced the results, the governor said his party had "a clean sweep" in the 20 local government council and 37 local council [...]

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    Ambode, Fowler to attend advertising agencies’ summit

Ambode, Fowler to attend advertising agencies’ summit

Akinwumi Ambode, governor of Lagos state, and Babatunde Fowler, chairman, Federal Inland Revenue Service (FIRS), are among the dignitaries excepted at the 44th annual general meeting/congress of the Association of Advertising Agencies of Nigeria (AAAN).According to a statement signed Steve Babaeko, publicity secretary of the association, the congress will hold between July 6 and July 8 at the Golden Tulip Hotel, [...]

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    Reverend describes Ambode’s action as ungodly, says ‘even the military didn’t sack a chaplain’

Reverend describes Ambode’s action as ungodly, says ‘even the military didn’t sack a chaplain’

Michael Adeyemi, a reverend and head of the African Church, Ifako Diocese, says Bolanle Ambode, wife of Lagos state governor, should apologise over her actions which allegedly led to the dismissal of Femi Taiwo, presiding chaplain of the Chapel of Christ the Light, Alausa.There are reports that Ambode's wife got angry over the refusal of the former chaplain to accord her [...]

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Exchange Rates

September 20, 2018USDGBPEUR
INTERBANK360.45480.18420.32
LAGOS360485425
KANO361483423
PH362482423
ABUJA362481423
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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