The Lagos State Government has served a 21-day quit notice to traders and residents of Akilo Road, Agege and its environs for illegally erecting structures under power-line and canal setbacks The Special Adviser to the Governor on Transportation, Mr. Oluwatoyin Fayinka, who disclosed this during the inspection of the land, earmarked for the development of…
Month: August 2021
LAWMA Warns Residents Against Fraudsters
The Lagos Waste Management Authority (LAWMA) has warned the general public to be wary of fraudsters extorting money from residents under the guise of being debt recovery agents for the Agency. A release signed by the Managing Director/CEO of LAWMA, Mr. Ibrahim Odumboni, stated that the Agency has not given any third party the responsibility…
NNPC’s ₦287bn Profit After Tax: Group Counters Atedo Peterside
The Integrity Youth Alliance has called on the Founder of IBTC Stanbic Bank, Atedo Peterside to take time whenever he is online to go through the website of the Nigerian National Petroleum Corporation to get the facts behind the figures of the NNPC’s N287bn profit. This is coming as the Founder of IBTC Stanbic Bank,…
Customers Can Now Open Stanbic IBTC Stockbroking Accounts with Zero Naira Balance
Stanbic IBTC Stockbrokers, a subsidiary of Stanbic IBTC Holdings PLC, and Nigeria’s largest stockbroking firm with a market share of over 10 per cent of the value of shares traded on the floor of the Nigerian Exchange Limited has removed the minimum stockbroking account-opening balance for individuals to allow zero set up amount via its…
ICPC Recovers N53bn from Real Estate Developer
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has said that it recovered N53 billion from a real estate developer for the Federal Mortgage Bank of Nigeria. Chairman of ICPC, Prof. Bolaji Owasanoye who made the disclosure during a meeting with the House of Representatives Ad-hoc Committee Investigating the Operations of Real Estate…
Dangote’s $2bn Petrochemical Plant to Produce 77 Grades of Polypropylene
Dangote’s $2 billion Petrochemical Plant located in Ibeju-Lekki, Lagos State, is designed to produce 77 different high-performance grades of polypropylene in the country. With a turnover of $1.2 billion, the 900,000 metric tonnes per annum capacity Dangote Petrochemical plant, situated alongside the Dangote Refinery, has been strategically positioned to cater to the demands of…
NIPR Recognizes Sanwo-Olu’s Contributions, as delegates discuss Healthcare at Annual Conference
The organizers of the annual Lagos Public Relations Stakeholders’ Conference on Thursday, recorgnised the contributions of Governor Babajide Sanwo-Olu to healthcare in Lagos State as part of the activities marking the eight edition of conference. The award was received by the Lagos State commissioner for health, Prof Akin Abayomi on behalf of the governor. Corporate…
Classifying Nigerians as Indigenes, Non-Indigenes Is Apartheid – Osinbajo
Vice President Yemi Osinbajo has described the classification of Nigerians as ‘indigenes’ and ‘non-indigenes’ as a form of apartheid that contradicts the nations’ declared aspirations towards equality and unity. Prof. Osinbajo stated this on Thursday at the National Social Cohesion Dialogue organized by the Africa Polling Institute, which held at the Shehu Musa Yar’Adua Centre,…
Hajj: Lagos May Not Sell Forms for 2022 Pilgrimage – Commissioner
The Lagos State Government may not sell forms to intending Pilgrims planning to embark on the Hajj 2022 Holy pilgrimage to the Kingdom of Saudi Arabia. The Commissioner for Home Affairs, Prince Anofiu Olanrewaju Elegushi, disclosed the development at a Press Conference organised to formally react to the cancellation of the year 2021 Hajj exercise…
Tinsel Actor Victor Olaotan is dead
Veteran actor Victor Olaotan, best known for his role in the Nigerian TV series ‘Tinsel,’ is dead. He died on Thursday after battling a prolonged illness. The shocking news was confirmed on Friday morning by his wife, Julia. The 69-year-old actor, who played Fred Ade-Williams in the popular series, was bedridden for five years after…