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Thursday 11 January 2024

Zenith Bank Dismisses Report on GMD's Arrest, Says Onyeagwu on Duty

AgegePulse Magazine 


Zenith Bank Dismisses Report on GMD's Arrest, Says Onyeagwu on Duty




Zenith Bank PLC, one of Nigeria's leading financial institutions, has dismissed as entirely untrue reports on the purported arrest of its Group Managing Director, Dr. Ebenezer Onyeagwu, in a section of the media.


The reports had claimed Dr 

Onyeagwu was arrested by the EFCC in connection with alleged fraud at the Ministry of Humanitarian Affairs. 


The foremost lender however clarified that the GMD was neither arrested nor detained by the EFCC or any other anti-graft agency, adding that he is currently fulfilling his duties and responsibilities as the Group Managing Director of Zenith Bank Plc.


This was contained in a statement issued by the bank in Lagos on Wednesday and signed by Rich El O. Otu, its Company Secretary/General Counsel.


The statement added that the bank will continue to maintain the highest standards of integrity, accountability, and transparency and remains committed to providing exceptional banking and financial services to customers. 


"We have become aware of inaccurate reports circulating on social media and certain news outlets alleging that Dr. Ebenezer Onyeagwu, the Group Managing Director/Chief Executive Officer of Zenith Bank Plc, was arrested and held by the EFCC on January 9, 2024, in connection with an alleged fraud at the Federal Ministry of Humanitarian Affairs and Poverty Alleviation.


"We wish to clarify that these reports are entirely false. The Group Managing Director was not arrested or detained by the EFCC or any other anti-graft agency and is currently fulfilling his duties at the bank.


"We are issuing this public statement to dispel the misinformation and ensure that the public and our stakeholdรขrs are accurately informed.


"Zenith Bank remains dedicated to upholding the highest standards of banking and financial services," the statement read.

Wednesday 10 January 2024

EFCC Solicits For Zenith, Providus and Jaiz Banks Help in the Probe of the Humanitarian Affairs Ministry

 

EFCC Solicits For Zenith, Providus and Jaiz Banks Help in the Probe of the Humanitarian Affairs Ministry


EFCC Solicits For Zenith, Providus and Jaiz Banks Help in the Probe of the Humanitarian Affairs Ministry



The Group Managing Directors (GMDs) of Zenith, Providus and Jaiz banks, on Tuesday, honoured the invitation by the Economic and Financial Crimes Commission (EFCC), to hand over documents relating to accounts operated by the Ministry of Humanitarian Affairs to the anti-graft agency.


A source from the Agency confirmed that the bank Czars, departed the Abuja headquarters of the anti-graft agency after the documents were handed over.


Multiple sources close to the banks, EFCC and the Presidency, clarified that the banks documents were requested by the anti-graft agency, to help in its ongoing investigation, into alleged financial impropriety in the Ministry of Humanitarian Affairs and Poverty Alleviation.



President Bola Tinubu, on Monday, suspended the Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, and directed investigation into her Ministry.


Edu, who was grilled on Tuesday, by the EFCC, had allegedly directed the disbursement of N585,198,500.00 grant meant for Vulnerable Groups in Akwa Ibom, Cross River, Lagos and Ogun States, into a private account.

Saturday 6 January 2024

Grassroots Football: How Kukushaw FC won Bet9ja Elephant Cup five-a-side grassroots soccer

Grassroots Football: How Kukushaw FC wins Bet9ja Elephant Cup five-a-side grassroots soccer

AgegePulse Magazine 



Kukushaw Football Club of Lagos State has won the 2023/24 Bet9ja Elephant Cup, a five-a-side grassroots soccer tournament.





The team defeated Omo Beta FC 4-0 in the final of the tournament held at the Ashade Ogba Palace Playing Ground, Agege community on Friday.


Kukushaw FC was rewarded with a cash prize of N500, 000 for winning the tourney while Omo Baba FC got N300,000 for coming second.


Twelve teams participated in the competition.


Speaking after the match, the Chairman Bet9ja Elephant Football Committee, Felix Ajanaku, thanked God for the success of the league.



Mr Ajanaku said that the competition had run for 26 years at the same venue and improved greatly since the first edition.


“I appreciate and thank all the teams that participated in the league from the beginning, for their sportsmanship and fair play attitude during the matches. The game went well and the players showed some level of maturity during the tournament. We also thank the supporters and the spectators for their peaceful conduct during and after the matches,” he said.


A former member of the Lagos State House of Assembly, Mr Yinka Ogundimu, in his remarks said that the tournament has impacted the youth and Agege community.


According to him, many talented players have been picked from the grassroots football competition to play in higher leagues and in national teams.


A former International, Sylvester Igboun, was once a grassroots player at this playing ground in Ashade Palace, Agege. We implore the youth to take advantage of this opportunity and focus on their God-given skills and talents for a better future.


A veteran actress, Taiwo Ajayi-Lycett, said that more youths would benefit from the yearly tournament if organisations and well-meaning individuals support the initiative.


Ms Ajayi-Lycett also urged the media to give more coverage to grassroots sporting activities to showcase and discover many hidden talents across different communities.


Speaking, Oladele Alabi, who emerged Best Goalkeeper of the tournament thanked God for the success of his team, Kukushaw FC.


“Though it is not easy, God saw us through. We thank our sponsors, supporters and organisers of the game for giving us the opportunity to showcase our talents,” Mr Alabi said.

Sunday 31 December 2023

NewYear2024: Egunjobi assures residents of more dividends, calls for support


 NewYear2024: Egunjobi assures residents of more dividends, calls for support

Dear constituents,


As we mark the beginning of the year 2024 today, we give glory and adoration to the Almighty for His abundant blessings and mercy over us.

 NewYear2024: Egunjobi assures residents of more dividends, calls for support


Many could not witness this day, not because we are better than them, but by His grace.  The best way to appreciate Him is for us all to forgive one another and live harmoniously with helping hands.


In the year 2023, the council under my watch did not relent in its efforts to ensure we give the people of the council area enabling environment to strive in all spheres of live viz:


*Education:*

In a bid to lessen the burden of Agege Secondary School students as well as improved their performances in JAMB, WAEC and other Computer Base Test (CBT) Examinations, Agege Local Government council built a state of the art CBT Centre in Iloro Maternity Centre making us the first and only Local Government among the 774 Local Governments of Nigeria to do so.


My administration also distributed free exercise books to all public primary school pupils as palliative support for the parents.


The council's transportation intervention scheme aimed at assisting parents to transport pupils of public schools has been ongoing unhitched, and we would consolidate in the gains to ensure our leaders of tomorrow have easy transportation and for timely resumption of classes.


*Environmental:*

The environment department, throughout the year, embarked on vigorous sensitization for the residents to maintain hazard free environment, evacuated blocked drainage channels across the council area.


*Socio-economy:*

My administration took upon itself to seize criminals hideouts in the council area to better the lots of residents, thereby boost the economy, which led to the transformation of Moshalashi Alhaja 'Evil's nest' market into a standard and modern market and relabeled: Alhaja Taibat Bukonla Obasa Modern Market for the residents and stakeholders.


*Health:*

In a bid to meet up with emergency response device delivery, my administration procured three (3) ambulance vehicles, which have been positioned at strategic locations within the council area for the people of Agege to get easy access and quick response to medical attention when needed.


*Social Welfare:*

a. It is on record that over one thousand (1,000) persons have so far benefited from the N100,000 monthly financial empowerment programme for residents of the council area, particularly, the youths to enable them startup/boost a Small Scale Entrepreneurship (SME) in Agege. This is promised to be a continuous exercise as we continue to assist the needy at all times. 


b. *Fuel Subsidy removal palliative:*

It is worthy to note that, in consonance with the directive of Mr. President  and the Governor of Lagos State to cushion the effect of the fuel subsidy removal, my administration distributed food materials through the committee comprising of Agege Community Development Council, League of Imams, Christian Association of Nigeria, Market leaders, Nigeria Union of Teachers and  the leadership of National Youth Council of Nigeria, Agege Local Branch to ensure that the food palliatives gets to the targeted vulnerable within Agege community. This gained more accolades from residents and stakeholders respectively.


c. Welfare of the council staff, management and non-management are well taken care of, including the councilors and the cabinet members.


*Security:*

In order to strengthen the council's synergy with stakeholders and security agencies, gave birth to the newly launched Agege Security outfit, otherwise known and called "PARAMOLE". This initiative was aimed providing more intelligence gathering to aid the state security agencies to tackle and curb security challenges within the council area.  This has generated meaningful employment for not less than fifty (50) youths in the council area.


*Infrastructure:*

All the existing roads under construction would be completed soonest and many roads with the council area would get facelifts.  We shall newly construct roads, such as: Ajakaiye/Elicana street, Arigidi/Adegbola/Sonaiya streets with concrete drainage walls with street lights to be installed.


Asphaltic surfacing of Ashaolu Street with both sides RC drainage wall including street lights would put in place this year..


The council shall embark on reconstruction of Creche building at Maternity PHC in Agege Local Government council area. 


Akerele Street inward Oniwaya road by Agege main market would be constructed as well. We shall equally construct a storey building office complex at Ijaye Road.


I therefore, implore all residents and stakeholders to give maximum support to the government at all level as that is the only way the renewed hope of Mr. President can collectively be achieved.


Let me use this medium to reassure you all that my administration will stop at nothing to ensure that the good people of the council area enjoy enabling environment to strive in all their respective endeavours.   No doubt, this year would certainly be better for us all, amen.


On behalf of The Executive Council, Legislative Members and The Entire Management Staff, I wish you all a  Happy New Year.


Signed:

*High Chief (Alh) Ganiyu Kola Egunjobi (JP)*

Executive Chairman

Agege Localwouldmorrow

Friday 29 December 2023

Lagos Unveils A-List Artists for Lagos Countdown 2023 … As Davido, smallDoctor, Olamide, Kizz Daniel, Teni, and others top list

 Lagos Unveils A-List Artists for Lagos Countdown 2023


… As Davido, Olamide, Kizz Daniel, Teni, and others top list

AgegePulse Magazine 

As the highly anticipated Lagos countdown 2023, #GreaterLagosFiesta begins today, Friday 29th December 2023, the Lagos State Government has announced that no fewer than ten musical artists with international exposure will thrill fun lovers at the musical and comedy event.




The likes of the sensational Davido, the energetic Olamide, and the talented Teni, with several other top artists, have been slated for musical performances at the 2023 end-of-the-year event.


 The event which promises to be three nights filled with electrifying performances, infectious beats, and unforgettable moments will also feature the chart-topping Mayorkun, the dynamic Spyro, the rising star SEYI Vibez, the crowd-pleaser Small Doctor, the sensational Shallipopi, and the ever-charming Flavor.



Speaking on the choice of array of musical artists for the event, the Commissioner for Tourism, Arts and Culture, Mrs. Toke Benson-Awoyinka said: "We want to create a truly memorable experience for Lagosians and visitors alike. By bringing together these A-List artists, we aim to celebrate the vibrant music culture of Lagos and showcase the incredible talent that our city has to offer.”


She stated that as the event kicks off today, prospective attendees should expect a visually stunning stage setup, state-of-the-art sound systems, and a vibrant atmosphere that reflects the spirit of Lagos.


According to her, “in addition to the stellar lineup of artists, the event will also feature various food vendors, art installations, and interactive experiences as a way of giving attendees a truly immersive and unforgettable nights.”



She, however, urged those who can not make it to the venues of the event to join the live broadcast of the Lagos Countdown 2023 #GreaterLagosFiesta on social media, DSTVGOTV and on TV Stations.



Thursday 28 December 2023

Orile Agege LCDA Chairman, Hon. JS Babatunde presents ₦4.9B Budget Of Progress

 


.....promises more empowerment for residents

AgegePulse Magazine 

The Executive Chairman of Orile Agege LCDA, Hon Sunday Johnson Babatunde  has presented 2024 Appropriation Bill worth 4,968,150,592 to the Legislative Arm of the Council.

Hon. Johnson Babatunde


At the event which took place at the Legislative Chamber, Hon. Johnson Babatunde stated that the ”Budget of progress” is put together to fulfil the promises of giving the dividends of democracy to the residents of Orile Agege.


He said,” For the year 2024, the LCDA has projected a proposed budget size of ₦4,968,150,592"


"There are various revenue sources accruing to the council within the year. For Federation Allocation, A total sum of ₦1, 826.323,578.77 which amount to 37% of the proposed total Budget size. For the Value Added Tax ,VAT, a total sum of ₦2,972,227,012.93 was proposed.



” On Internally Generated Revenue, 3% of the total budget size has been proposed with a total sum of ₦169.600,000 which is sub-divided into Stated Assisted Tax, Local Council Internally Generated Revenue.”


On the other hand, the Leader of the Legislative Arm, Hon. Wale Fayemi commended the Council Chairman for his commitment and enthusiasm in making the lives of the residents and staffers better.


Fayemi noted that the councillors will continue to support the executive arm but each Departmental Head should be prepared to defend whatever is allotted to the department as previous excuses of non-appearance will not be tolerated.



”Let me assure the Executive Chairman of the commitment of every member of this House to support whatever that will make this government succeed. As a result, we will immediately swing to action and make sure the budget is approved within the shortest time possible.


See ”That Notwithstanding will stop us from deeply scrutinizing the budget and making amends where necessary. Each department Head should be prepared to defend whatever is alloted to the department, as previous excuses of non=appearance will not be tolerated,” He said.

 

#ForAGreaterLagos 


Ogunsola Arogundade

Wednesday 27 December 2023

GREATER LAGOS FIESTA: LAGS Unveils 72-Hour Non-Stop Fun Activities For Countdown 2024



… Reveals Plans to Promote Beach Tourism 



Lagos State Government, through the Ministry of Tourism, Arts and Culture, has unveiled plans to hold a 72-hour #Greater Lagos Fiesta - a non-stop entertainment show beginning from the 29th of December, 2023 to the early hours of 1st January, 2024.


The three-day end-of-the-year event is part of activities conceived to herald the Y2024 with an anticipated number of participants of over 25,000 who will be thrilled with different types of entertainment including cultural performances, and children's corners, amongst others.


The State Commissioner for Tourism, Art and Culture, Mrs. Toke Benson-Awoyinka, who made this known on Friday at a news conference in Ikeja said that the Ministry will use the annual end-of-the-year event to also market its beach potential.


According to her, the grand finale which was usually held at Eko Atlantic City would now be held at Sol Beach in Iru-land as a way of exposing the State’s rich beachfront potential to fun lovers and tourists.


She added that interested participants who still want to join the countdown event at the Eko Atlantic City venue would be provided with a large viewing screen where the activities at the Sol Beach can be transmitted live, in addition to a dedicated channel on DSTV that would stream the event activities throughout the three days.


The Commissioner, alongside the Special Adviser to the Lagos State Governor on Tourism, Arts, and Culture, Mr. Idris Aregbe, and Permanent Secretary Mrs. Oloruntoyin Atekoja, also assured participants of adequate security at all the designated venues of the countdown event.


She said: “We have put a lot in place for security, we are working actively with all security apparatus of the state, the Nigeria Police, DSS, Civil Defence, LASTM and Neighbourhood Watch, among other security operators in the state. 


“The Lagos Countdown 2024, #Greater Lagos Fiesta, has become an annual tradition, a celebration of music, entertainment, and the vibrant spirit of Lagos. This year, we are taking the event to a whole new level, with three days of non-stop excitement from December 29, 2023, to January 1, 2024.


“We are intentional in our focus of deliberately positioning Lagos State to favourably compete with developed cities of the world in terms of hosting tourism and entertainment events”, she added.


While noting that the annual fiesta has over the years proven to be a very engaging and mind-blowing event, providing fun activities and entertainment for Lagosians in their various localities across the five IBILE divisions of the state, the Commissioner maintained that the event is beyond just a musical show or fun event.


In her words: “Let me emphasise that this event is not just about the music. The end-of-the-year countdown, #Greater Lagos Fiesta, will also showcase the best of our local cuisine, arts and crafts, and traditional performances. Participants will have the opportunity to immerse themselves in the sights, sounds, and flavours that make Lagos such a unique and vibrant city.


“The Lagos Countdown 2024 (#Greater Lagos Fiesta), will continue to serve the purpose of discovering and nurturing new talents, exposing young talented entertainers to bigger platforms while also serving as a mechanism for curbing youth restiveness that often characterises the festive period”, her words.


She affirmed that the three-day event, apart from showcasing the cultural activities and nurturing up-coming talented youngsters in the entertainment and creative industry, will also positively impact the State’s economy through massive sales of goods and services to thousands of fun and entertainment lovers throughout the event.


She listed the venues of the event to include Badagry Grammar School in Badagry, Agege Stadium, Agege, Ikorodu Town Hall Ikorodu, Sol Beach Oniru and Epe Recreational Centre, Epe.


“We have lined up an incredible array of music stars who will grace the stage and thrill all fun lovers from Badagry to Epe, Ikorodu, Lagos Island, and Ikeja featuring homegrown talents to international sensations, the best of Afro Beats, Highlife, Juju and Fuji’’, the Commissioner stated.


Toke Benson-Awoyinka also revealed that interested corporate sponsors ready to collaborate with the State Government to make the event a success are welcome.


#GreaterLagosFiesta

#entertainmentandtourism 

#AGreaterLagosRising 

#LASG

Thursday 21 December 2023

Why We Are Successful At Lagos Assembly, Obasa Reveals

AgegePulse Magazine 

The Lagos State House of Assembly has become the most successful state parliament in Nigeria because of its reliance on God, Speaker Mudashiru Obasa has said.

Why We Are Successful At Lagos Assembly, Obasa Reveals




Addressing guests including the First Lady of Lagos, Dr. Ibijoke Sanwo-Olu, traditional rulers and political leaders, the Speaker added that the House achieved its 2023 goals as a result of the diligence, commitment and dedication of lawmakers and staff. 


Dr. Obasa said this on Wednesday at the 21st anniversary of the annual thanksgiving and end of the year party held at the Lagos State House of Assembly.


"It is this commitment to God for excellence and unwavering faith that has led us to the successes we have achieved thus far.


"As we gather here today, we must acknowledge the incredible progress we have made as an Assembly and as individuals throughout the year.


"We have worked tirelessly, with dedication and integrity, to ensure that the needs and aspirations of our constituents are met. Proverbs 16:3 reminds us that if we commit our work to the Lord, our plans will succeed.


"Today, we come together in unity and gratitude, knowing that our collective efforts have not gone unnoticed," Obasa said.


Quoting James 1:17, the Speaker noted that the Lagos Assembly has become "a House above the common standards of excellence.


"Across the country, we are seen as passionate, a true reflection of the legislature as the focal point of democracy and an arm truly committed to the State's progress."


The Speaker, who commended his colleagues and the management for their dedication to duty, urged them to continue to strive for excellence so as to bring more positive changes to the society.


In his sermon on 'the spirit of excellence', Prophet Peter Adeniyi Olowoporoku of the Love of Christ Chapel Ministries, urged Nigerians to imbibe the spirit of discipline and constantly work to stand out in all that they do.


The event witnessed various guest artists including Evangelist Adeyinka Alaseyori.


Tuesday 19 December 2023

#GREATERLAGOS FIESTA: Agege, Badagry, Ikorodu, Others To Host Fun Seekers As LASG Reveals Plans



AgegePulse Magazine 


Lagos State Government, through the Ministry of Tourism, Arts and Culture, has unveiled plans to hold a 72-hour #Greater Lagos Fiesta - a non-stop entertainment show beginning from the 29th of December, 2023 to the early hours of 1st January, 2024.

2nd Left: Lagos State Commissioner for Tourism, Art and Culture, Mrs. Toke Benson-Awoyinka addressing the press


The three-day end-of-the-year event is part of activities conceived to herald the Y2024 with an anticipated number of participants of over 25,000 who will be thrilled with different types of entertainment including cultural performances, and children's corners, amongst others.


The State Commissioner for Tourism, Art and Culture, Mrs. Toke Benson-Awoyinka, who made this known on Friday at a news conference in Ikeja said that the Ministry will use the annual end-of-the-year event to also market its beach potential.


According to her, the grand finale which was usually held at Eko Atlantic City would now be held at Sol Beach in Iru-land as a way of exposing the State’s rich beachfront potential to fun lovers and tourists.


She added that interested participants who still want to join the countdown event at the Eko Atlantic City venue would be provided with a large viewing screen where the activities at the Sol Beach can be transmitted live, in addition to a dedicated channel on DSTV that would stream the event activities throughout the three days.


The Commissioner, alongside the Special Adviser to the Lagos State Governor on Tourism, Arts, and Culture, Mr. Idris Aregbe, and Permanent Secretary Mrs. Oloruntoyin Atekoja, also assured participants of adequate security at all the designated venues of the countdown event.


She said: “We have put a lot in place for security, we are working actively with all security apparatus of the state, the Nigeria Police, DSS, Civil Defence, LASTM and Neighbourhood Watch, among other security operators in the state. 


“The Lagos Countdown 2024, #Greater Lagos Fiesta, has become an annual tradition, a celebration of music, entertainment, and the vibrant spirit of Lagos. This year, we are taking the event to a whole new level, with three days of non-stop excitement from December 29, 2023, to January 1, 2024.


“We are intentional in our focus of deliberately positioning Lagos State to favourably compete with developed cities of the world in terms of hosting tourism and entertainment events”, she added.


While noting that the annual fiesta has over the years proven to be a very engaging and mind-blowing event, providing fun activities and entertainment for Lagosians in their various localities across the five IBILE divisions of the state, the Commissioner maintained that the event is beyond just a musical show or fun event.


In her words: “Let me emphasise that this event is not just about the music. The end-of-the-year countdown, #Greater Lagos Fiesta, will also showcase the best of our local cuisine, arts and crafts, and traditional performances. Participants will have the opportunity to immerse themselves in the sights, sounds, and flavours that make Lagos such a unique and vibrant city.


“The Lagos Countdown 2024 (#Greater Lagos Fiesta), will continue to serve the purpose of discovering and nurturing new talents, exposing young talented entertainers to bigger platforms while also serving as a mechanism for curbing youth restiveness that often characterises the festive period”, her words.


She affirmed that the three-day event, apart from showcasing the cultural activities and nurturing up-coming talented youngsters in the entertainment and creative industry, will also positively impact the State’s economy through massive sales of goods and services to thousands of fun and entertainment lovers throughout the event.


She listed the venues of the event to include Badagry Grammar School in Badagry, Agege Stadium, Agege, Ikorodu Town Hall Ikorodu, Sol Beach Oniru and Epe Recreational Centre, Epe.


“We have lined up an incredible array of music stars who will grace the stage and thrill all fun lovers from Badagry to Epe, Ikorodu, Lagos Island, and Ikeja featuring homegrown talents to international sensations, the best of Afro Beats, Highlife, Juju and Fuji’’, the Commissioner stated.


Toke Benson-Awoyinka also revealed that interested corporate sponsors ready to collaborate with the State Government to make the event a success are welcome.


#GreaterLagosFiesta

#entertainmentandtourism 

#AGreaterLagosRising 

#LASG

Monday 18 December 2023

15,000 LAGOS TRADERS GET N50,000 CASH SUPPORT, AS SANWO-OLU LAUNCHES MARKET PALLIATIVE SCHEME

AgegePulse Magazine  


-Governor commissions middle-level Fresh Food Market in Mushin, expands food supply chain


 15,000 LAGOS TRADERS GET N50,000 CASH SUPPORT, AS SANWO-OLU LAUNCHES MARKET PALLIATIVE SCHEME


Lagos State Governor Babajide Sanwo-Olu, on Sunday, launched a fresh palliative scheme for low-income traders across local markets in the State, as part of measures being taken to cushion the effect of the current economic realities. 



The Governor rolled out Lagos Market Trader Money, which, in the first phase, will provide N50,000 business support grants to 15,000 struggling traders across the 57 Local Government Areas of the State. 


Sanwo-Olu announced the scheme in Idi-Oro, Mushin, where he led the Deputy Governor, Dr. Obafemi Hamzat and cabinet members, to commission a newly constructed middle-level Fresh Food Agro hub built by the State Government to sustain food supply chain.




The Governor said market leaders in each council had been asked to nominate 200 each in community markets in all the councils, with the list cutting across small markets. Disbursement of funds to beneficiaries, he said, would begin on Monday (tomorrow), with Ministry of Agriculture coordinating the payment.



He said: “As part of the measures to cushion the effect of the current economic realities, we have come up with an intervention for all low-income market women and men struggling to sustain their micro and small businesses in this period. Today, we are launching Lagos Market Trader Money, which is a palliative measure to support traders in our local markets.



“The first 15,000 beneficiaries will be getting a support of N50,000 from the State Government. Traders in big markets are excluded from this scheme. Leaders of community markets across 57 local councils will submit 200 names each that must be divided among 10 markets in each domain. Beyond this, the Iyaloja and Babaloja (market leaders) will personally select additional 50 beneficiaries each.”



The scheme, Sanwo-Olu said, will be extended to markets in military and police barracks, which would provide 750 beneficiaries of the support grant.



The Governor said inauguration of the middle-level Fresh Food Agro Market in Mushin was another milestone achieved by his administration towards realising food security objectives. He stressed that the facility, which is the first in the State, heralded a turning point in Lagos food distribution system and modernisation of existing markets. 


The Sanwo-Olu administration, in 2021, initiated a roadmap for a coordinated food security and distribution network in Lagos, embarking on the construction of Food Security Systems and Central Logistics Park in Ketu-Ereyun, Epe. This central hub will serve middle-level markets across the Local Government Areas.



The State Government has a plan to build 50 middle-level agro hubs, with the Governor disclosing that plans were underway to construct three of such markets in Agege, Ajah and Abule Ado. 


Sanwo-Olu said his administration adopted food system transformation initiative as a measure to improve existing market system in Lagos, which, he said, was inundated by wastages, post-harvest losses, traffic congestion and logistical inefficiencies that regularly resulted in loss of over 50 per cent of perishable agricultural produce.



He said: “This formal commissioning of a middle-level Agro Produce hub in Idi Oro, Mushin, is another milestone towards achieving our food security objectives. This facility, which is the first in the State, heralds a turning point in the State food distribution system. This transformation journey is hinged on our five-year Agricultural Food System Roadmap, which reflects our passionate commitment to boosting food production, processing and marketing. 


The roadmap sets the stage for direct intervention, strategic collaboration and establishment of linkages with the private sector, financial institutions, foreign investors and multilateral agencies. Our food system are categorised into the Central Logistics Hub, Mid-level Agro-produce Hub, and the Last Mile Food Distribution outlets. Inefficiencies observed in the existing market system make it imperative to address the central problem of the food supply systems.



“These efforts have continued to yield the desired result in increased food production. The middle-level Agro Produce hub will pave the way for the modernisation, reorganisation and presentation of state-of-the-art data-driven food and agriculture systems where players and actors in the marketing chain interact freely. This will also address prevailing market challenges of inadequate infrastructure, food shortage, high degree of fragmentation and standardisation.”



Commissioner for Agriculture, Ms. Abisola Olusanya, said the middle-level Fresh Food market maximized storage of wet and dry food to cut down losses and waste. She added that the facility had addressed unhealthy display of food items by traders, while affording consumers to utilise economic of scale and buy large quantities of fresh farm produce at the affordable prices. 


“This will give consumers a new experience of shopping for fresh Agro products in a safe environment that caters for their needs. This sustainable model of food production and supply system is being pioneered by Governor Sanwo-Olu. This is the right way to go for us as a country to ensure food security is taken seriously,” the Commissioner said.



Iyaloja of Mushin, Alhaja Taibat Borokinni, led traders to the Governor to show their appreciation for the completion of the market and the palliative scheme.



She said: “It is our turn today to benefit from the good initiative introduced by our Governor to improve our markets. This gesture is the reciprocation of our support for Governor. We have never regretted our decision and we will support other initiatives being taken to better the lives of market men and women.”



Member representing Mushin Federal Constituency 2, Hon. Toyin Fayinka, thanked the Sanwo-Olu for seeing to the completion of the market project. He said Mushin became the first council to make the food security vision of the Governor a reality.



“This is a wake up call to other Local Governments to give chance to projects like this in their domains in order to support food security agenda of the State Government,” Fayinka said.

Thursday 7 December 2023

Lagos trains 376 Councillors on Capacity Building


…Urges Councillors to initiate laws for the good of the people

AgegePulse Magazine 

As part of the efforts of the State Government in ensuring that Councillors are equipped with requisite skills to perform their legislative functions, Lagos State Government organised a two-day Capacity Building Workshop for 376 Councillors across the 57 Councils of the State.

Third from left: HC, MLGCA&RD, Mr Bolaji Kayode Robert; Fourth from left: PS & Accountant-General, State Treasury Office, Dr Biodun Muritala; PS, MLGCA&RD, Mrs Kikelomo Bolarinwa; the Director, Local Government Administration, Mr Razaq Amodu at the Capacity Building Workshop for Local Government Councillors across the 57 Councils in Lagos State held at Odeya Centre, Ikoyi, on Thursday, November 7, 2023


The event which commenced on Thursday, November 7, 2023 at Odeya Centre, Awolowo Road, Ikoyi Lagos is a strategic effort of the Ministry of Local Government, Chieftaincy Affairs and Rural Development geared towards aligning Councillors with the T.H.E.M.E.S. Agenda of the administration of Mr Babajide Olusola Sanwo-Olu to cascade these policies to the grassroots, thereby engendering social and infrastructural development at the grassroots.


HC, MLGCA&RD, Mr Bolaji Kayode Robert; 


Speaking at the event, the Honourable Commissioner, Ministry of Local Government, Chieftaincy Affairs and Rural Development; Mr Bolaji Kayode Robert applauded the Governor of Lagos State, Mr Babajide Olusola Sanwo-Olu, for providing the workshop to equip Councillors to perform better as they discharge their legislative duties.

Mr Bolaji while delivering his keynote address, urged participants at the event to see the workshop as a platform to interface with other Councillors across the State to birth a synergy between the Chairmen and Councillors that would make the dream of a Greater Lagos possible and bring us closer to the reality of the Lagos of our dreams.

He added that this workshop would be the berthing of conversations relating to efficient management of resources, creation of a better outlook and modality for governance, which would promote good governance at the grassroots and equally give clarity to governance through the appraisal of constitutional and political principles on which governance and law making at the grassroots is premised.

Similarly, the Permanent Secretary, Ministry of Local Government, Chieftaincy Affairs and Rural Development; Mrs Kikelomo Bolarinwa,

Permanent Secretary, Ministry of Local Government, Chieftaincy Affairs and Rural Development; Mrs Kikelomo Bolarinwa,

while speaking with the press, reiterated the commitment of the State Government to continually build capacity for Councillors who have been entrusted with the responsibility of making laws at the Local Government Level, as it is the closest to the grassroots, hence the need to build strong foundation through strategic workshops such as this.



Earlier, while delivering her welcome address, Mrs Kikelomo Bolarinwa disclosed that the essence of the workshop is to help Councillors make better legislations and to understand the principles behind making legislations that would engender productive and citizen-friendly collaborations with their principals at the various Local Government Level.

While rounding off her speech, Mrs Bolarinwa urged every participant to seize the opportunity to learn and relearn news ways of legislating and collaborating with their chairmen in way that citizens in their Councils would benefit from the dividends that democracy offers.

Chairman, Lagos State Local Government Councillors Forum; Honourable Alimi Nurudeen, commended the State Government for organising the workshop to keep Councillors abreast with standard practices for Local Government Legislation. He added that the workshop would equip Councillors on improved methods to represent the good people of Lagos State as it concerns legislation and bringing the dividends of democracy the people at the grassroots

Cross section of participating councilors at the capacity building training 


Honourable Nurudeen also assured that Councillors would take the lessons from the workshop to heart and use it to influence legislation that would improve the lives of citizens at the grassroots.

The Two-Day Capacity Building Workshop, which had speakers who engaged the Councillors on conversations around Managing in a VUCA Public Service, Training and Certification on the Legislative Process, Process of Making Laws in Nigeria and other valid issues, had in attendance the Honourable Commissioner, Ministry of Local Government, Chieftaincy Affairs and Rural Development, Mr Bolaji Kayode Robert; the Permanent Secretary and Accountant-General, State Treasury Office, Dr Biodun Muritala; the Ministry of Local Government, Chieftaincy Affairs and Rural Development, Mrs Kikelomo Bolarinwa; the Director, Local Government Administration, Mr Razaq Amodu and other seasoned facilitators.




Friday 1 December 2023

LASG Reiterates Support For Real Estate Sector... … Promises to Initiate Friendly Policies

 

AgegePulse Magazine 


Lagos State Government has expressed its readiness to put in place deliberate initiatives and policies that will support real estate practice in the state.

SA to Governor on Housing, Barr. Barakat Odunuga-Bakare


The Special Adviser to the State Governor on Housing, Barr. Barakat Odunuga-Bakare gave the assurance during a stakeholders engagement/interactive session organised by the Lagos State Real Estate Regulatory Authority (LASRERA) with stakeholders in the built sector at Ikeja on Tuesday. 


Odunuga-Bakare explained that it is through collaboration that the State Government can guarantee the regulatory landscape that is not just a set of rules, but a dynamic force that nurtures responsible growth and development in the Real Estate industry.



She vowed that the agency will scale up its enforcement drive against sharp practices in the real estate sector, maintaining that 2024 will no longer be business as usual for perpetrators of fraudulent acts in the real estate sector and unregistered practitioners.


Odunuga-Bakare urged Nigerians in the Diaspora who intend to invest in the sector to always check the website of LASRERA: lasrera.lagosstate.gov.ng for adequate information before sealing any transactions.


Speaking on the ongoing demolition of some structures across the State, the Special Adviser said, “We will launch a proper investigation on complaints by some operators over the demolition of their buildings in some parts of the state to ascertain the claims by some of the developers.


“The Tenancy law is in the process of protecting both the sellers and buyers of properties in the state, and we are collaborating with the Ministry of Justice in addressing issues and challenges raised by some practitioners”, Odunuga-Bakare said 


Responding to some of the questions by the operators, the Permanent Secretary, Lagos State Lands Bureau, Mr. Kamal Olowosago urged stakeholders to always conduct a proper search before going ahead with any transactions.


He said the State Government is digitalizing the land registration processes to reduce bottlenecks surrounding land administration in the state.


He maintained that Governor Sanwo-Olu is passionate about curbing the issues of land grabbing with the setting up of the Committee on Land Grabbers in the State.


Olowosago also promised to revisit cases of forceful takeover of some lands and property from operators, especially in the Lekki area of the state.


Earlier, the Chairman, Real Estate Developers Association of Nigeria, (REDAN), Lagos State Chapter, Dr. Bamidele Onalaja noted that the real estate industry plays a pivotal role in shaping the landscape of Lagos, hence the need to collaboratively explore innovative solutions that will drive the sustainable growth of the sector in Lagos.


He said REDAN is working with the government to curb recurring building collapses in Lagos, urging developers to get the necessary documents before they set out to build.


Leading the stakeholders in discussion at the forum, the Chairman of MKH Group, Mr. Muibi Kehinde Hammed said that the Lagos State Government must adhere strictly to enforcement in the industry.


On her part, the Managing Director, Hafsam Properties, Hafsat Balogun lamented the increase in overnight agents infiltrating the industry.


The event had in attendance consultants, agents, investors, developers and realtors among others.

Friday 13 October 2023

Y2023 World Food Day: Obele Community School, Wins Lagos "Agric-Quiz Competition", As Ministry Holds Sensitisation Walk

 

AgegePulse Magazine



Obele Community Senior High School, Surulere has emerged the champion of the 2023 Ministry of Agriculture Quiz Competition, for secondary students in Lagos, organised by the Lagos State Ministry of Agriculture to mark this year World Food Day, Theme: "Water Is Life, Water Is Food, Leave No One Behind". 

The event was recently held at Adeyemi Bero Hall, Alausa Secretariat, Ikeja, Lagos.

Speaking at the event, the Honourable Commissioner for Agriculture, Ms. Abisola Olusanya highlighted several ministry's program geared towards helping student to choose Agriculture as the first choice of studies in schools.
Hon. Commissioner for Agric, Mrs. Abisola Olusanya



"At the Ministry, we run several programmes in trying to bring to your knowledge the benefit of studying agriculture. We run a summer school programme every year which is usually in the month of August. We also have the Lagos Agric Scholars Programme, where we setup a smart system of poultry, aquaculture and horticulture in schools 

"We have initiatives plans with different multilateral and bilateral agencies in trying to push the narrative that agriculture is not a backward sector in Lagos and Nigeria.

"The truth of the matter is that some of the things that you put on, like uniform are made of cottons which is an agricultural crop. It therefore means that agriculture is embedded in your everyday lives. The hair cream that you usually apply on your hair, be it coconut oil or any other food items and addictive are products of agriculture.

The Honorable Commissioner also stated the importance of water and it's usefulness.  "They said that you can live without water for a long time, but you cannot live without water without seeing the effects on you. That is the importance of water and that is why even as students we must learn the effective use of water at all times." She concluded.



Gladly expressing himself, The Winner, Master Chibuike Nmesoma, from Obele Community School, Surulere expressed his happiness at winning the competition for his school. 

“I'm very glad for the Lagos State Ministry for Agriculture’s School Quiz that we had today (Thursday). Our school came first and I was awarded with a lot of prizes for representing my school”, he said. 



“I'm so glad to bring honour to my state, my school and to my people. I pray that God will continue to be glorified in Jesus name. Amen”, he added.

Also participating,  Agindingbi Senior Community Secondary School, Ikeja and Alaro Senior High School, Epe came second and third respectively.

Earlier, the Lagos State Ministry of Agriculture also held a "Road Walk" as part of the activities to commemorate the year 2023 "World Food Day" in Lagos.


Tuesday 10 October 2023

LAGOS, STERLING BANK CELEBRATE WORLD TOURISM DAY

 

AgegePulse Magazine

LAGOS, STERLING BANK CELEBRATE WORLD TOURISM DAY


The Ministry of Tourism, Arts and Culture has partnered with Sterling Bank to celebrate the 2023 World Tourism Day with a series of events and activities to mark the Day since the 27th September, 2023.


Speaking at a recent event held at Tafawa Balewa Square, Lagos, the Commissioner for Tourism, Arts and Culture, Mrs Toke Benson-Awoyinka said the time has come to place value on what we have in Lagos because it is the only way Tourism can achieve its true potential in the State, noting that the country also needs tourism as an alternative source of revenue from oil.


Praising Sterling Bank for collaborating with the Lagos State Government in organising the events, the Commissioner averred that it is the responsibility of the Government to provide an enabling environment for businesses to thrive and Lagos has been doing the needful and will continue to collaborate with the private sector for a Greater Lagos.


Speaking also at the event, the Managing Director of Sterling Bank, Mr. Abubakar Sulaiman posited that we need to encourage ourselves and reawaken our curiosity, maintaining that it is time Nigerians change the narratives about Nigeria by promoting local culture, arts and tourism.


In his words: "The problem is our advocacy, we tell the world everything that is wrong with Nigeria but never tell them about the good things. There is only one way to make Lagos or Nigeria a top tourism destination and that is to come together to curate and say positive things about the country, talk about the culture, language, fashion and food among others”.


Also speaking at the event the Chairman of GAC Motors, Diane Jones commended the Lagos State Government for giving good brand promotion, noting that GAC Motors also supports zero carbon emissions like Lagos State and that its electric cars are on their way into the country.


World Tourism Day is an annual global event established to cultivate and create global awareness of the significance of tourism.


Top Government officials and dignitaries present at the event include the Special Adviser on Tourism, Arts and Culture, Mr. Idris Aregbe; Speaker of Osun State House of Assembly, Hon. Adewale Egbedun and Veteran Actress Joke Silva amongst others.


Lagos Airlifts 310 Pilgrims From Israel

AgegePulse Magazine 


The Lagos State Government has successfully airlifted and returned 310 citizens who went on pilgrimage to Jerusalem, Israel.

Lagos Airlifts 310 Pilgrims From Israel


This was announced by the Lagos State Governor, Babajide Sanwo-Olu, via his X handle on Tuesday.


Sanwo-Olu tweeted, "I'm happy to announce that we have successfully airlifted and returned all three hundred and ten citizens who went on pilgrimage to Jerusalem, Israel.


"I want to thank you all for your concern and I must also express my joy to our Ministry of Home Affairs for a job well done."


The PUNCH also reports that the Nigerian Christian Pilgrims Commission has announced the suspension of all pilgrimages to Israel and Jordan, as a result of the ongoing crisis.


Credit: X| jidesanwoolu

Monday 9 October 2023

BREAKING: Police officer who killed Lagos lawyer Bolanle Raheem to die by hanging– Court

 AgegePulse Magazine

BREAKING: Police officer who killed Lagos lawyer Bolanle Raheem to die by hanging– Court


The judge Ibironke Harrison on Monday found the police officer guilty of murder of Bolanle Raheem.


The Lagos State High Court has sentenced Drambi Vandi, who fatally shot Bolanle Raheem, a Lagos based lawyer, to death by hanging.


The judge Ibironke Harrison on Monday found the police officer guilty of murder.


“The court found the defendant guilty on one count of murder. You will be hanged by the neck till you are dead,”


No More Business As Usual - Obasa Warns Council Chairmen, Others

 

AgegePulse Magazine 

... says policy of one project every quarter now compulsory

No More Business As Usual - Obasa Warns Council Chairmen, Others


...says council chairmen, vice, councillors now under close monitoring


Local government chairmen, vice chairmen, councillors and other top officials of the 57 councils in Lagos State will henceforth face strict monitoring to make them meet the yearnings and aspirations of their people, Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa has declared.


Dr. Obasa said reports available to the House have shown that some of the council chairmen have not met the expectations of their people, so far. He warned that it will no longer be business as usual in the councils as the Assembly will now ensure strict compliance to serving the interests of the people.


At separate meetings with the council chairmen, vice chairmen, councillors and senior staff of the councils in Lagos recently, the Speaker frowned at the aloofness that these set of public office holders have exhibited at that level of government to the detriment of the expectations of Lagosians.


Obasa, who noted that council officials in Lagos were the only ones with four-year terms in Nigeria, added that it is disheartening how some of these chairmen personalise monthly allocations while their communities are crying for infrastructure and other forms of developmental initiatives.


"I wonder how you sleep with your eyes closed while your council cannot even build and equip a good maternity centre. You can't justify the fact that in six months, there is no meaningful project done by you in your community.


"Some councils have no single project for over two years, you treat the vice chairmen and councillors like they must be subservient even when you are going astray. Some of your councillors have not received official vehicles up till now.


"Some of your councils do not have legislative chambers, meaning that the councillors have not been holding sittings. How then do you get approvals for the money you spend?


"We are aware of how some of these councils go ahead to borrow money up to nine-digit figures without approvals or due process and how they lease council property without caution. We won't allow these to happen again.


"It is now strictly going to be true governance at the grassroots level. If you don't develop your communities, where would you fall back to when you leave office? How would the people see you?" The Speaker asked while urging the councillors to up their effectiveness. 


Obasa maintained that having a well-equipped maternity centre in every ward of the local governments for residents to easily access healthcare is not impossible. He also enjoined the chairmen to embark on creation of parks and gardens in their local government councils and areas for the well-being of the people.


Going forward, he said, each council chairman must adopt "a policy that every quarter, there must be something to show that you are truly in office. Let there be something to commission.


"If you're to construct a road, it shouldn't be one that would last for a month or a year. It should be something that would make people pray for you each time they pass through it. Let's truly serve our people."


He warned the chairmen, the council managers and treasurers against constituting themselves into a power bloc that runs the councils without inputs from vice chairmen and councillors, who are supposed to issue approvals for spending and projects.


"We are here today to talk to each other. This is no witch-hunt. But I want you to always ask yourselves if you have been doing well for the people who voted you into office. How well have you been treating your vice chairmen, councillors and staff too?


"Some of you were vice chairmen before and you bitterly complained about your chairmen. Now that you are chairmen, what have you done to change what you complained about? How have you bettered those working with you? How have you changed the lives of your councillors?


"You need to have the fear of God and treat the people around you right. We (my colleagues and I) seriously made efforts, passed through a lot to amend the law for your benefits and to make you stay in office for four years. You need to think about the public and how to touch them.


"The best way to handle your office is to touch lives and do things that would make people speak well of you later in life. We have not asked you for money. All we are saying is that you do things for the progress of our state.


"The governor of our state cannot do it all alone. You are, therefore, supposed to be the nearest to the grassroots and help him with your own efforts.


"We must try to move with the moment. The world is moving and we can't continue to do things like we live in the past," he said while advising the Ministry of Local Government and Chieftaincy to always guide the chairmen and other officials to deliver democratic dividends to their people.


In his comment, the chairman of Conference57, Kolade Alabi David, commended the Speaker for his advice and promised that there would be changes in the way the chairmen ran the affairs of their council areas.


Govt Reopens Ladipo, Oyingbo, Other Markets

 AgegePulse Magazine

Govt Reopens Ladipo, Oyingbo, Other Markets


    
... Warns that future violation will attract stiffer penalties

The Lagos Waste  Management Authority, (LAWMA) has announced the reopening of Ladipo, Oyingbo, Alamutu Ologede and Ile-Epo markets, recently sealed for filth and gross environmental abuse.

The Managing Director/CEO of LAWMA, Dr. Muyiwa Gbadegesin, who made this known, emphasised the importance of stringent compliance measures in safeguarding public health and shielding residents against future health crises.

The reopening followed full compliance with requisite conditions. He said, "Following extensive renovations and compliance measures including, the implementation of stringent conditions and a written mandatory undertaking for reopening, Ladipo Market, Oyingbo Market, Alamutu Ologede Market, and Ile-Epo Oke Odo Market, have been reopened today for business transactions."

Dr. Gbadegesin stated that the reopened markets had to comply with a set of mandatory conditions listed for them prior to resuming operations. These conditions include providing a designated waste point; installation of block work fence and platforms for the placement of double dino bins; procurement of double dino bins for waste containerisation; commitment to putting in place sustainable market waste policing to guarantee constant cleanliness of the market environment and enforce proper waste disposal regulations; engagement of bin keepers; collaboration with accredited psp operators for timely evacuation; prompt payment of waste bills, as well as, dislodging Street traders from road medians and setbacks, preventing unauthorised vending. 

"A filthy market is a breeding ground for terrible diseases like cholera, typhoid, Lassa fever, ebola, malaria and others. We cannot stand by and watch some markets expose the people of Lagos State to such conditions which are clearly avoidable if they do the right things", he stressed.

Speaking further, he said, "We want to make it abundantly clear, that any future violations will attract stiffer sanctions, including the permanent closure of the offending market".

Gbadegesin implored the executive members of markets in the state, to live up to their responsibilities, urging traders to be public-minded by being hygienic in their trading activities, as that would be usually beneficial to them, their customers and added that, local government authorities would be entrusted with the responsibility of monitoring market operations' adherence to set conditions, urging members of the public to play a pivotal role in this process by promptly reporting any observed lapses in sanitation to LAWMA.

He reminded markets around the state that LAWMA's zero tolerance policy for reckless waste dumping in markets was still on course, warning that defaulting markets risked a closure and hefty fine.

For waste management related issues in your area, call LAWMA toll-free number: 07080601020 and 617

Wednesday 4 October 2023

Breaking: Police Declare MohBad's Ally, Primeboy, Wanted, Offer N1m Reward

 AgegePulse Magazine

Ibrahim Owodunni


The Lagos State Police Command, on Wednesday, declared Owodunni Ibrahim, also known as Primeboy, wanted in relation to the death of singer Ilerioluwa Aloba, aka Mohbad.


This was disclosed in a statement posted on the Instagram page of the Lagos State Police Public Relations Officer, Benjamin Hundeyin, on Wednesday.


The statement reads, "Following his failure to honour police invitation successfully sent to him since the commencement of investigation into the circumstances leading to the death of Mr Ilerioluwa Aloba aka Mohbad, the Lagos State Police Command hereby declares wanted Owodunni Ibrahim aka Primeboy."


It further reads, "The Commissioner of Police, Lagos State Command, CP Idowu Owohunwa, hereby offers a handsome reward of N1,000,000 to anyone with useful information leading to his arrest.


"Ibrahim is approximately 1.64-m tall, male, dark-complexioned with tribal marks and Yoruba by tribe. His last known address is 3rd Power, Oke Eletu, Ikorodu.


"If seen, contact the nearest police station or call 0803 688 5727."


Credit: Instagram| benjaminhundeyin

Tuesday 3 October 2023

17 independent power distributors get licences, 10 operational

AgegePulse Magazine 

 17 independent power distributors get licences, 10 operational


The Federal Government has issued licenses to 17 Independent Electricity Distribution Networks operators, among which 10 are currently operational, the government announced on Tuesday.


It disclosed this in the 2022 Market Competition Report released on Tuesday by the Nigeria Electricity Regulatory Commission, an agency of the Federal Government.


The government revealed this while providing a breakdown of the country’s power distribution segment. Nigeria’s power sector is basically categorised into the electricity generation, transmission and distribution segments.


In November 2013 when the sector was unbundled into the three segments, 11 successor distribution companies were created and were privatised, as they have been serving the country since then, amidst complaints by consumers.


But in the just released 2022 Market Competition Report, the NERC said, “All the 11 successor Discos (distribution companies) have been privatised. Ownership and management of the Discos have been transferred to private investors.


Additional private distribution company has been licensed in a specified franchised area. 17 Independent Electricity Distribution Networks’ operators have been licenced, of which 10 are operational as at December 2022.


“The regulator explained that the market competition report was prepared in compliance with Section 24(2) of the Electric Power Sector Reform Act 2004, which mandates the commission to prepare an annual report for the minister as to the potential for competition in the Nigerian Electricity Supply Industry.



“The regulator explained that the market competition report was prepared in compliance with Section 24(2) of the Electric Power Sector Reform Act 2004, which mandates the commission to prepare an annual report for the minister as to the potential for competition in the Nigerian Electricity Supply Industry.



“This report provides a review of the level of competition in the NESI and assesses the progress for a transition to a more competitive market. The report further provides recommendations for transition to a more competitive market pursuant to Section 26 of ESPRA.


“The report is directed at a wide spectrum of readers including government officials and institutions, private sector, energy economists, engineers, financial and market analysts, potential investors as well as general readers,” the commission stated.


Punch Newspaper