• Investors, Business Leaders Chart New Course for Lagos, Transmit Resolutions To Govt
• ‘Lagos Is Fortunate To Be Led By Visionary Governors’ – El-Rufai
The 8th Lagos State Economic Summit (Ehingbeti) has drawn to a close today, with the organisers and participants departing with actionable resolutions to chart a new course of physical development and economic growth for the State.
Governor Babajide Sanwo-Olu pledged that the learnings and recommendations emanating from the summit would be developed into a policy framework to forge a new action plan and implementation that would bring the envisioned future of Lagos to reality.
The three-day event with the theme: “Greater Lagos: Setting the Tone for the Next Decade”, was largely held on a virtual platform, but some sessions were held physically at the Eko Hotels and Suites, Victoria Island.
Over 11,000 people in 10 countries participated in the event, with an average record of 5,500 participants globally attending sessions daily.
Sanwo-Olu, in his closing address read virtually from Abuja, said the State Government had started to look into the future and was ready to implement resolutions that would make Lagos adaptable to the new culture of business interactions occasioned by technology and unpredictable pandemic.
The Governor said Lagos took lessons from the disruption of economic activities created by the spread of Coronavirus (COVID-19), stressing that the experience would make the State Government deepen its scenario planning capabilities to bolster its resilience against such emergency.
He said: “As we have now successfully come to the end of this eighth edition of the summit, it is imperative to emphasise that the conversation must not end here. We must take the learnings and the conclusions from this Summit and use them to forge a plan of action and implementation that will ensure that the future we are envisioning for Lagos State comes to fruition.
“We have learnt, from the emergence and spread of the Coronavirus pandemic, that we can never be too prepared. So much has changed in the past year, humbling our confidence in the ability to predict and forecast what the future holds. The big lesson is that, we must deepen our scenario planning capabilities, as national and subnational governments, and as corporations and business entities. We must plan for every eventuality, including the next pandemic, which will eventually happen in the near or distant future.”
Sanwo-Olu said Ehingbeti, since year 2000 when it was first introduced during the administration of the visionary former Governor Bola Ahmed Tinubu, had become a tool to re-invent Lagos. He said the summit had become a platform for conversations about where Lagosians want the city to be headed, and how to fast-track the journey.
He said the development blueprint of his administration was designed as a road-map to guide the Government on the journey to deliver Lagos of residents’ dreams.
The Governor pledged to strengthen the economic potential of the youth, whom he described as critical stakeholders in delivering development programmes of the next decade.
Sanwo-Olu said the State Government’s investments in youth-focused initiatives, such as Lagos Excel Project, Lagos State Employment Trust Fund (LSSTF), Lagos State Science Research and Innovation Council (LASRIC), were pointers to the readiness of the State to improve youth inclusion in governance and raise their entrepreneurial skills.
He said: “We must now begin to plan for the next summit, even as we also take action on the resolutions of this one. I call on the private sector to be aggressive in seeking out opportunities to partner with and support the Lagos State Government. Ehingbeti speaks to what Governments, the private sector and civil society can come together to accomplish through deliberate bilateral and multilateral partnerships.”
Kaduna State Governor, Mallam Nasir El-Rufai, described Lagos as “the engine room” of the nation, stressing that the State was fortunate to have been governed by visionary leaders, starting from the administration of ex-Governor Tinubu.
El-Rufai said he looked forward to more reforms that would further simplify Ease of Doing Business in Lagos, noting the better the economy of Lagos performed, the better for Nigeria.
He said: “For us in Kaduna State, Lagos is a model that we follow. We look at Lagos as competitive advantage in many areas and try to implement reforms that will bring us closer to what Lagos has been able to achieve. Lagos has been blessed with very good Governors. The reforms initiated by Governor Tinubu are still bringing prosperity to the State.”
There were 146 speakers and panelists who facilitated six plenaries and 20 deep discussion sessions held during the event, which focused on six thematic areas, including making Lagos investment destination, strengthening governance and institutions, Fourth Industrial Revolution opportunities, funding growth and ensuring inclusive human capital development and sustainability, resilience and impacts.
At the end of the summit, the Deputy Governor, Dr. Obafemi Hamzat, outlined 11 key highlights that encompasses the resolutions to be implemented by the State Government before the next summit.
Speaker of the Lagos House of Assembly, Rt. Hon. Mudashiru Obasa, represented by Hon. Gbolahan Yishau, pledged to support the resolutions with necessary legislative framework to make the Government implement the resolutions.
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The National Association of Seadogs (Pyrates Confraternity), has warned security agencies against extra-judicial killing and harassment of innocent Nigerians in the course of fishing out those responsible for the killings of security personnel and attacks on security formations and those fuelling insecurity in the South- East and South-South.
President Muhammadu Buhari had on Tuesday during deliberations of the Security Council meeting approved undisclosed new security measures for the two regions aftermath of multiple attacks on security formations.
The NAS Capoon, Mr Abiola Owoaje, in a statement titled ‘The Growing Tempest in East & South’ said it is important “that the security services do not engage in presumption group-blame, collective punishment, and extra-judicial killings in the course of investigating these crimes”.
Owoaje pointed out that such “unbridled illegalities and high-handedness will only go to further alienate local communities, and deepen the antipathy that already characterizes the relationship between them and law enforcement agencies.”
The association while strongly condemning the attacks and killing of security personnel condoled with families that lost loved ones and urged the government to do all within the confines of the law to get the perpetrators and make them face the fall wrath of the law.
According to him, NAS is disturbed that the insecurity in the two regions has further exacerbated the deteriorating security situation in the country.
Owoaje called on the government to move swiftly, and with unaccustomed competence and diligence, to arrest the current climate of insecurity across the two regions.
The statement read in part “This gradual slide into anarchy in the South-East and South-South regions has the potential to expand the number of ungoverned spaces in Nigeria, further, stretch our security apparatus, and engender devastating social and economic consequences for the country as a whole.
“We urge the security agencies in the two regions to resist the temptation of seeing themselves as a force of occupation out to subjugate the people and unleash terror among the teeming law-abiding citizens. They should approach their task with a sincerity of purpose, and rein in the criminal elements intent on foisting terror and bloodletting. Evidence abounds of previous overzealous interventions by security agencies that have aggravated insecurity in the two regions rather than contain the same. Unprofessional conduct and prejudice from those entrusted with such operations must not be tolerated.
“The government and security agencies have a constitutional duty to protect the lives and property of the peace-loving residents of the two regions from harm. No innocent Nigerian should be harassed, intimidated, or made to suffer under any guise of combing for suspected criminal elements in the South-East and South-South regions.”
As part of efforts to develop manpower that can address future challenges in Nigeria, the Lagos State Lotteries Board (LSBL) has established a science-based educational quiz competition that would aid young inventors towards achieving their goals of producing technologies that could proffer solution to human needs across the country.
The science-based quiz competition, LSBL said, is Eko S.T.E.M Quiz, would prepare the students for science and technology and bridge the invention gap between Nigeria particularly in Lagos and other major cities globally.
According to the lotteries board, the EKO STEM competition was designed for the public and low-cost private secondary school students in Senior Secondary School (SSS) 2 to boost their passion for science and technology.
The Chief Executive Officer (CEO) of the lotteries board, Bashir Are, while addressing pressmen yesterday in Ikeja, added that the aim was to further sustain the ongoing development in the education sector embarked upon by the State Governor, Babajide Sanwo-Olu, to take education to next level in Lagos.
Are noted that the intervention was part of the board’s functions, saying, we are allowed by section 33 of Lagos State Lotteries Board (amended) law of 2008 to give some interventions in Education, infrastructure, environment, social, and health in the state.
He added that the intervention in education development would ensure that the state has a skilled workforce that could address its challenges in science and technology which had continued to alter previous workforce arrangements globally.
Earlier, the Senior Special Assistant to the Governor on Lotteries, Olufunmilola Olotu, stressed that to prepare the students for the future, “it is important to proactively promote the Science, Technology, Engineering, and Mathematics (STEM) curriculum”.
Olotu stated that quiz competition is a form of education, just as she described education as a process of acquiring general knowledge, developing the powers of reasoning and judgment, and generally preparing oneself or others intellectually for mature life.
Olotu explained that this competition would provide the ground for the state government to achieve its goal in technology, preparing the mind of the students for the future, adding, the contents could be re-used for teaching.
The senior special assistant explained that the competition was essential for the children and that it would not only educate but also entertain the students in the country particularly Lagos.
She argued that the EKO STEM quiz competition would afford the students an opportunity to choose their career path and understand importance of teamwork.
Olotu, who emphasized that the year-long competition would be broadcast on Television for viewers that would watch from home, hinted that the ultimate prize for winners is a Scholarship award to study anywhere globally and a visit to the Silicon Valley.
“lt is our belief that in any educational system, academic competition is of utmost importance because it contributes to a child’s development and learning process. A healthy competition among academic institutions nurtures various values and opportunities, including but not limited to prestige, media exposure, monetary donations, and research grants,” she added.
Explaining modalities for the competition that is set to provide a platform for over 1,500 students to achieve their dream, the governor’s aide explained that preliminary examination would hold May 15th for both public and private schools across the 57 Local Government and Local Council Development Area (LCDA).
According to her, all results will be collated and input into the online system, and with the system cut-off mark, those that had better scores will proceed to the Computer-Based examination stage and other stages.
… 21 Schemes In The Works, Says Commissioner
By the end of 2023, Lagos State Governor Babajide Sanwo-Olu would have delivered 35 housing schemes to close the huge deficit in the sector, Commissioner for Housing Mr. Moruf Akinderu-Fatai has said on Tuesday.
Of the schemes, 14 have been delivered within the first two years of the Sanwo-Olu administration, adding over 7,000 affordable housing units to the market.
Akinderu-Fatai spoke on the achievements of the Ministry of Housing during the ongoing inter-ministerial briefing to commemorate Governor Sanwo-Olu’s second year in office.
He said the Government was committed to reducing the housing deficit and providing affordable homes for the greater number of residents, stressing that the Sanwo-Olu administration would be delivering 21 housing schemes before the end of 2023.
The Commissioner was optimistic that the administration would realise its mass housing programmes, despite the prevailing economic situation in the country, adding that policies initiated had enhanced access for low- and high-income families.
He said: “The last two years have been eventful in the Ministry of Housing, as we have strengthened our efforts to realise the housing programmes of the current administration. We have completed and delivered various schemes across Lagos, including Lateef Jakande Gardens in Igando, Lagos State Affordable Public Housing Scheme in Idale Badagry, LagosHOMS Lekki Phase 2 and Babatunde Raji Fashola Estate, Courtland Villas, Igbokushu, among others.
“We have four housing schemes recently completed and are due for commissioning in the coming days. They are located in Odo Onosa Ayandelu, Agbowa, Magodo/Omole, Gbagada and Ibeshe. In all, a total of 14 schemes have been completed and these added over 7,000 affordable housing units to the market. We have other ongoing housing projects, totalling 21 schemes, which are being developed through budgetary allocation and joint ventures.”
Speaking on affordability and accessibility of the schemes, Akinderu-Fatai said the homes are for both low and high net worth individuals in highbrow and low-income settlements, including Igando, Igbokusu, Lekki, Badagry, Igbogbo, Odo-Onosa/Ayandelu, Agbowa, Sangotedo, Epe, Ilubirin, Epe and Egan-Igando.
On the strategies to tackle the housing deficit, Akinderu-Fatai hinted that the State Government was partnering multinational development partners for the construction of mass housing estates. He said henceforth, housing provision would be in the realm of thousands of homes to drastically reduce the burden.
The Commissioner praised Sanwo-Olu for his commitment and passion at ensuring that greater number of residents achieve their dream of becoming homeowners, adding that the State Government needed the support of all stakeholders towards providing decent and stable shelter for residents.
He said: “The task of bridging the housing gap in Lagos is demanding and we are extending our willingness to private sector participants to come in and invest in the housing sector to reduce the hardship faced by the people in their quest for decent shelter.”
Akinderu-Fatai said that the Lagos Mortgage Board had strengthened the “Rent-to-Own” policy, putting many residents on the homeownership ladder. He pointed out that the scheme targeted first-time homeowners, saying: “It has given a good opportunity to both to the low and middle-income citizens to become home owners.”
In the housing development projects, the Commissioner said the State Government had boosted the local economy by hundreds of local workers, artisans, suppliers and contractors for the scheme.
“There are intense construction activities on many housing schemes all over the State revitalising the housing delivery value chain. The fact that the construction sites are active means economic engagement for hundreds of workers, artisans, suppliers and contractors. This brings vibrancy that increases the economic resilience of our people,” Akinderu-Fatai said.
The Special Adviser to the Governor on Housing, Mrs. Toke Awoyinka-Benson, said the Government made efforts to make Lagos an investor-friendly State, given its housing development laws, and establishment of the Lagos State Real Estate Regulatory Authority (LASRERA).
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