LASG appoints Teju Abisoye as LSETF’s acting executive secretary
Businessam Staff
April 4, 2019
Akinwunmi Ambode, the Lagos state governor, has appointed Teju Abisoye as the acting executive secretary (ES) of the Lagos State Employment Trust Fund (LSETF) with effect from April 1st, 2019 pending confirmation by the Lagos State House of Assembly. Prior to this appointment, Abisoye was director of programmes and coordination at the LSETF. In this […]
Ambode plans 820 bus roll out in 1st quarter
Oyindamola AlamuJanuary 10, 2019
Oyindamola Alamu Akinwunmi Ambode, Lagos state governor, said his government plans an initiative, under his bus reform project, to roll out 820 high and medium capacity buses immediately after the general elections. According to him, the initiative is part of the long term plan of his administration to redefine public transportation system in Lagos with […]
Race to govern Lagos begins Saturday as APC special interest groups endorse Ambode
Businessam StaffSeptember 27, 2018
The race to govern Lagos, Nigeria’s economic capital, begins Saturday, September 29, 2018 as the state’s ruling party, the All Progressive Congress (APC), conducts primary election for contenders for the governorship position. Reports say several special interest groups in Lagos APC have already endorsed the candidacy of the incumbent, Akinwunmi Ambode, who is seeking reelection. […]
Nigeria’s privatization council approves advisers for concession of Lagos trade fair, 2 others
Businessam StaffAugust 16, 2018
The National Council on Privatisation (NCP) has approved the appointment of advisers for three transactions undertaken by the Bureau of Public Enterprises (BPE) for the current year (2018) as part of the reform strategy of the Federal Government. They are the partial commercialisation of the River Basin Development Authorities (RBDAs), partial commercialisation of the National […]
Nigeria’s Lagos Government charged to comply with FOI Act, as NGO demands the cost of bus terminal
Businessam StaffJune 4, 2018
BudgIT Nigeria, a civic tech organisation, working on fiscal transparency has demanded the Lagos State Government to respond to its numerous letters supported by the Freedom of Information Act, requesting for details of the Ikeja Bus Terminal and details of the contracts awarded by the Lagos State Government from May 2015, to May 2018. According […]
Lagos state monthly internally generated revenue now N34bn
Businessam StaffMay 21, 2018
The Lagos State Government said Monday that it had achieved an average monthly Internally Generated Revenue (IGR) of N34 billion in 2018. Akinyemi Ashade, the commissioner for finance, revealed this in Lagos, at an ongoing ministerial briefing to mark the third anniversary of Governor Akinwunmi Ambode in office. Ashade said that the 2018 revenue generation […]
Lagos seeks World Bank partnership in funding key projects
Businessam StaffMay 10, 2018
Akinwunmi Ambode, the governor of Lagos State, has called on the World Bank to seriously consider a partnership with the state government in funding key projects in transport, energy and water sectors, saying such collaboration would not only positively impact the economy of the state but the country at large. Speaking in Lagos during a […]
Lagos internally generated revenue hits N103.4bn in Q1 2018
Businessam StaffApril 24, 2018
The Lagos State Government Tuesday said its internally generated revenue (IGR) for the first quarter of the year 2018 stood at N103.476 billion as against N96.7 billion recorded in the previous year. The IGR figures, according to a statement, account for 81 percent of the total revenue of N141 billion generated in the quarter. Segun […]
5,800 SMEs get N4.9bn loans from Lagos State Employment Trust Fund
Businessam StaffMarch 7, 2018
Akintunde Oyebode, the chief executive officer, Lagos State Employment Trust Fund said not less than 5,800 businesses have benefited approximately N4.9bn from the LSETF, set up by Akinwunmi Ambode, the state governor to lift businesses and unemployed residents in the state. Oyebode revealed this while speaking at the just concluded 2018 Social Media Week in Lagos. He […]
Lagos truck dealers’ fear allayed as Visionscape seek collaboration
Businessam StaffFebruary 27, 2018
Fears of being discarded in the new Lagos waste management process tagged ‘Cleaner Lagos Initiative’ have been allayed as environmental utility company, Visionscape Sanitation Solutions (VSS), has resolved to collaborate with local truck dealers. The collaboration is apparently expected to bridge the gap of inadequate waste collection causing mass littering while convincing Lagosians it is […]