Friday, June 14, 2019

Tag "Akinwumi Ambode"

    Operations ‘will commence’ at Oshodi interchange from May 2

Operations ‘will commence’ at Oshodi interchange from May 2

The new Oshodi transport interchange in Lagos state is set to begin operations from May 2, according to Biodun Otunola, chief executive officer of Planet Project Limited, the company executing the project.Speaking with journalists in Lagos on Tuesday, Otuola said the multi-level bus terminals are fitted with world-class facilities to make travelling pleasurable.President Muhammadu Buhari will inaugurate the $70 million [...]

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    Journalists shot, MC Oluomo stabbed as ‘thugs’ disrupt Lagos APC rally (updated)

Journalists shot, MC Oluomo stabbed as ‘thugs’ disrupt Lagos APC rally (updated)

Violence erupted on Tuesday as suspected political thugs disrupted the governorship campaign rally of the All Progressives Congress (APC) in Lagos.Several people were injured in the violence, including three journalists who sustained bullet wounds.The hoodlums, said to be members of the National Union Road Transport Workers (NURTW), invaded the Skypower Ground Ikeja venue of the campaign with guns, daggers and [...]

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    Ex-APC chieftain: Ambode will return at the end of Agbaje’s tenure

Ex-APC chieftain: Ambode will return at the end of Agbaje’s tenure

Sunday Ajayi, a former chieftain of the All Progressives Congress (APC) in Lagos, says Akinwumi Ambode, governor of the state, will come back after Jimi Agbaje has ended his tenure.Agbaje is the candidate of the Peoples Democratic Party (PDP) in the 2019 election.Ambode had lost the governorship ticket of the party to Babajide Sanwo-Olu, who enjoys the support of influential [...]

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    LASU hasn’t paid our academic allowances since 2009, say lecturers

LASU hasn’t paid our academic allowances since 2009, say lecturers

Lecturers of the Lagos State University (LASU) have accused Olanrewaju Fagbohun (pictured), vice-chancellor of the university, of anti-workers' policies.In a letter dated December 12, 2018 and signed by Tony Dansu, secretary of the Academic Staff Union of Universities (ASUU), LASU chapter, and Adeolu Oyekan, his assistant, ASUU-LASU alleged that the university management has refused to pay the earned academic [...]

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    Ambode: Dangote is the best to develop public infrastructure

Ambode: Dangote is the best to develop public infrastructure

Akinwunmi Ambode, governor of Lagos state, has described Aliko Dangote, billionaire businessman, as the best solution to public infrastructure.The governor said this at the commencement of the reconstruction of the Apapa-Oshodi expressway.Dangote and the federal government had entered an agreement for the businessman to construct the road.Ambode said the reconstruction of the would bring permanent relief to motorists and residents.“Whatever [...]

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    Despite criticisms, Osinbajo takes TraderMoni to more Lagos markets

Despite criticisms, Osinbajo takes TraderMoni to more Lagos markets

Vice-President Yemi Osinbajo has launched the Government Enterprise and Empowerment Programme (GEEP) otherwise known as TraderMoni in three more markets in Lagos state.The vice president, on Monday, launched the free loan scheme to traders at the Ikotun, Igando and Ile Epo markets.Osinbajo, accompanied by Akinwumi Ambode, governor of Lagos state, and Babajide Sanwo-Olu, governorship candidate of the All Progressives Congress [...]

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    Southern, middle belt leaders accuse Osinbajo of ‘bribing’ voters with TraderMoni

Southern, middle belt leaders accuse Osinbajo of ‘bribing’ voters with TraderMoni

The Southern and Middle Belt Leaders Forum has accused Vice-President Yemi Osinbajo of buying votes ahead of the 2019 general election.The group said this in a communiqué released after meeting in Abuja.The document was jointly signed by Yinka Odumakin for the south-west, Bassey Ewa-Henshaw for south-south, Isuwa Dogo for the middle belt and Chigozie Ogbu for the south-east.The vice-president was [...]

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    Tinubu/Ambode – the audacity of Adedibu politics

Tinubu/Ambode – the audacity of Adedibu politics

BY AYO-BANKOLE AKINTUJOYEI recently tweeted that ‘While Ambode’s performance is arguable, it is quite embarrassing that the choice about his 2nd term has been snatched completely from the hands of the electorate. While I respect Tinubu and appreciate his role in our democratic evolution since ‘99; this,in 2018,is authoritarianism’. I got many varying opinions about this tweet, lots of them [...]

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    ‘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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Exchange Rates

June 10, 2019USDGBPEUR
INTERBANK306397354
LAGOS362475413
KANO361474413
PH361475412
ABUJA362476413
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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