PRESIDENT BUHARI PLEDGES TO SUPPORT LAGOS STATE UNLEASH FULL SOCIO-ECONOMIC POTENTIAL - AfrobadooTV
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PRESIDENT BUHARI PLEDGES TO SUPPORT LAGOS STATE UNLEASH FULL SOCIO-ECONOMIC POTENTIAL

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President Muhammadu Buhari Tuesday pledged that the Federal Government will support more massive investments in Lagos State to boost its economic potential as one of the world’s fastest growing megacities.

The President spoke in a video goodwill message to the Ehingbeti Lagos Economic Summit, themed ‘‘For a Greater Lagos: Setting the Tone for the Next Decade.’’

President Buhari said his administration recognises Lagos as central to the economic fortunes of Nigeria and has in the last few years demonstrated commitment to supporting it unleash its full socio-economic potential.

”One of the significant ways in which our support has manifested to Lagos State is in the special federal funding that we approved in 2020 in acknowledgement of the State being an epicentre of the Coronavirus pandemic.

”The challenges of Lagos must therefore be very clearly seen as part of the challenges of Nigeria, and the Federal Government will support Lagos to overcome its challenges and to thrive socially and economically.

”The Presidential Infrastructure Development Fund (PIDF) is investing in the reconstruction of the Lagos-Ibadan Expressway, while the Apapa-Oshodi-Oworonshoki Expressway is a flagship project of our Road Infrastructure Tax Credit Scheme, also known as Executive Order 7 of 2019.

”It was also this administration which granted approval to the Lagos State Government to rebuild the International Airport Road, a major road that links the busiest airport in Sub-Saharan Africa to the continent’s fifth largest economy.

”The Federal Government is today completing the Standard Gauge Railway Line that will link Lagos to Ibadan in the first instance, and from there connect to Abuja and Kano, and bring ease and efficiency to what is Nigeria’s busiest transportation corridor.

”Just last month, this new Rail Line achieved a milestone extension into the Port Complex in Apapa, setting the stage for a long overdue decongestion in that area,” he said.

On the investment plan to revamp the National Theatre, the President told the 8th Economic Summit that his government had granted approval for the temporary transfer of the iconic federal asset on the Lagos landscape, to the Bankers Committee, which will invest in upgrading it and developing it into a world-class creative hub.

President Buhari expressed confidence that enterprising young people in Lagos will be the biggest beneficiaries of the National Theatre, when fully upgraded into a world-class hub.

”Speaking of young people, we are aware of just how central they are to the Lagos economy, and to Nigeria as a whole.

”In the creative arts, culture and technology sectors, we are determined to continue to open up opportunities by which they can achieve their dreams and aspirations; as well as thrive in a safe, secure and increasingly prosperous country,” he said.

The President highlighted various other initiatives of the Federal Government being implemented in Lagos, including the National Social Investment Programme, the Energizing Economies Programme, the Economic Sustainability Plan, among others.

Commending the Lagos State Government for its partnership and collaboration with the Federal Government on the human development programmes, President Buhari stressed the importance of understanding between national and subnational governments.

”Let me also acknowledge and salute the fact that we have a forward-looking administration in Lagos that is focused on infrastructure and improving the ease of doing business and the overall quality of life of Lagosians.

”The theme of this year’s Lagos Economic Summit invites us all to share our aspirations for a Megacity that boldly occupies its place in the global standing of Megacities.

”A Lagos that can keep up with its growing population in terms of housing, education, healthcare, security and jobs. A Lagos that is innovative and productive, and that ensures that its economic prosperity leaves no one behind.

”I enjoin all speakers and participants to go all out in the course of the next few days to think and contribute along these lines, and to come up with a practical masterplan for achieving this Lagos of our dreams,” he said.

Femi Adesina
Special Adviser to the President
(Media & Publicity)
February 16, 2021

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Politics

2022: International Youth day:APC National Women Leader felicitates with Youths across the globe

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The National Women Leader of the All Progressives Congress (APC) Dr Betta Edu celebrates with the youths across the globe on the occasion of the International youth day with a theme *Intergenerational solidarity: Creating a world for all ages*

Dr. Betta in a correspondence released by her Special Adviser on political matters, Seun Bosede Osamaye, noted the importance of Youth Day as an awareness day designated by the United Nations to draw attention to a given set of cultural and legal issues surrounding the Youths.

Speaking as a mother in her goodwill message, the ebullient National Women Leader of the All Progressives Congress Dr. Betta Edu appealed to the Nigerian Youths to continue to be law abiding, to shun social vices, and to embrace peace as they join their counterparts all over the world to observe the *2022 International Youth Day*.

Noting that the United Nations has made a day like this very important to provide an opportunity for youths to reflect on their voices, actions, and initiatives, Dr. Betta beckons on the Nigerian Government to make it a norm in celebrating this day for the youth by raising awareness and educating people about the importance of youth in the society because the *Youths* are the pillars and future of every country.

Speaking further, Dr. Betta stressed the utmost importance of promoting youth participation especially in politics so that they can help to create a better future. She wish all Youths across the globe a successful outing and a Happy International 2022 Youth Day!

#BettaforBetterNigeria
#APCNationalwomenwing

*Comr. Victoria Uko*
SA Media to NWL

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News

LASG DISBANDS M.O.T ENFORCEMENT TEAM

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The Lagos Ministry of Transportation has placed an indefinite ban on the operations of its enforcement team tagged M.O.T Taskforce.

The Special Adviser to the Governor on Transportation, Mr. Sola Giwa, stated that the decision was reached after a thorough appraisal and review of the enforcement teams operating under the Ministry of Transportation.

Giwa explained that the ban is part of measures initiated to streamline transport enforcement activities in Lagos State to achieve the required effectiveness in line with global best practices, warning that the ban is not an excuse for drivers to disobey the traffic laws of the State.

The Special Adviser averred that Traffic Management and Transportation is a cardinal pillar in the T.H.E.M.E.S Agenda of the administration of Governor Babajide Sanwo-Olu, stressing that the readjustment of the enforcement strategy was to enhance service delivery to the people of the State.

He, therefore, enjoined the general public to report the activities of any unauthorised enforcement team still operating with the tag M.O.T Taskforce to the Ministry of Transportation for prosecution.

Appealing to Lagosians to cooperate with the State Government in its effort to improve the traffic situation across the metropolis, the Special Adviser gave an assurance that a lot is ongoing behind the scene to bring the much-desired change in the transport sector.

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Commerce

Bitfinex hold their first community hangout in Nigeria

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Bitfinex is one of the top and oldest trading platforms in the world. It is a trading platform for sophisticated and professional traders. After millions of secured transactions carried out on Bitfinex, communities have emerged from various parts of the world. These communities have expanded to multiple professionals helping each other grow on their crypto journey.
Time out in Bitfinex was created by and for the African community and it was graced with the attendance of two crypto industry leaders, Chuta Chimezie, the founder of Blockchain Nigeria User Group, and Linda I.A Obi founder of Techonomy.
The event began with a welcome and Introduction by Paolo Ardoino, the Chief Technology Officer for Bitfinex. Linda I.A Obi spoke on the inclusion and diversity of female representation in crypto-trading, crypto-trading techniques for beginners and advanced traders and she also shared the pros of trading with Bitfinex.
Chuta gave an insight on trading and blockchain in particular. He spoke about crypto in Africa and the need to position yourself rightly in the space by acquiring as many relevant skills as possible. Members of the community asked the speakers questions and were able to learn and gain a balanced view of the cryptocurrency industry as a whole and its future.
We are really excited that Bitfinex is finally coming to Africa.

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