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Sanwo-Olu, Amao, others bag Asian-African leadership awards

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Lagos State Governor, Babajide Sanwo-Olu
Lagos State Governor, Babajide Sanwo-Olu
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Gov. Babajide Sanwo-Olu of Lagos State on Saturday bagged a leadership award in infrastructural development, conferred on him by the Asian-African Chamber of Commerce and Industry (AACCI), Nigeria Chapter.

Dr GD Singh, Chairman, AACCI, during the award presentation said that Sanwo-Olu’s leadership had birthed huge infrastructural growth.

Singh said some of such growth was the construction of the Lekki Deep Sea Port; Lagos Rice Mill, Imota; 18.75 killometres Eleko-Epe rigid pavement six lane expressway; first phase of the 13 kilometres of Lagos Blue Light Rail and the John Randle Centre for Yoruba Culture and History among many others.

He said these infrastructural developments had further opened the economy of Lagos to boost its mega city status.

“Infrastructure holds the ace for real development and socio-economic growth in any country and Lagos State in the last three years under the leadership of Gov. Sanwo-Olu has seen tremendous growth in infrastructural development in the state.

“This also has birthed new opportunities and economic empowerment in the state.

Also, Chief Oluwabunmi Amao, Director-General, Centre for Black and African Arts and Civilisation (CBAAC),  got a leadership award in tourism, arts and culture.

Singh noted that Amao in her capacity had been able to promote the Nigerian cultural heritage through diverse programmes, such as  celebrating the diversity of black and African traditional music and many more.

Mr Gboyega Isiaka, a politican and Chairman, Edgefield, got the leadership award in nation building and human development.

According to Singh, Isiaka has managed to stay above greed and corruption that has plagued Nigerian politics.

“Having contested three governorship elections between 2011 and 2019, he has not been involved in any scandal till date.

Mr Michel Deelen, Consul-General, Kingdom of Netherlands, bagged the diplomatic excellence award for support of smallholder farmers in Nigeria.

Mr Abiodun Oluseyin, Chief Executive Officer, Bifarmas Ltd. and Abols resources, got the leadership award in extractive industry.

Chief Emmanuel Umenwa, Chairman, Geneith Pharmaceutical Ltd., clinched the leadership award in pharmaceutical industry and Mr Anamene Levi, Founder, Bace and Eclise Nigeria Ltd., got the award as the most promising enterprise (innovation) in information communication technology.

In his response, Isiaka said, “I am happy to be here and this  means so much to me, we will do a lot to promote this chamber within the country because our economy and the nation need chambers like this for economic growth.

“As we prepare toward the electioneering period, I urge all of us to partake in it as it will determine the state of  the nation in another four  years.”

Earlier, Dr Abolaji Anifowose of the Faculty of Management Sciences, Department of Banking and Finance, Lagos State University, Ojo, urged Africans to invest in knowledge economy index to spur economic growth.

Anifowose said there was need for knowledge transformation in Africa.

He said that the future of Africa now depends on the nature and outlook of its economic vision and the realignment of national institutions to reflect major trends in global and regional economic affairs.

“Africans should follow success models of the Asian cointries like Singapore, Korea and India, these nations transitioned from poor agrarian models to become global leaders in technology, innovation and finance in the space of few years.

“It is high time to realise that it is the time for Africa, as it is now well documented that knowledge created through innovation and technological advancement is critical for long-term economic growth,” he said.

 

(NAN)

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Tinubu Accelerates Northern Rail Projects, Kaduna-Kano Line Set for December 3 Inauguration

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President Bola Ahmed Tinubu has intensified efforts to complete major railway projects across Northern Nigeria, with the Kaduna–Kano Standard Gauge Railway scheduled for inauguration on December 3, 2026.

The 203-kilometre Kaduna–Zaria–Kano railway project has reached approximately 90 per cent completion, while the 400-kilometre Kano–Katsina–Maradi railway project has attained 70 per cent completion.

According to the Federal Government, both projects have recorded significant progress since the Tinubu administration assumed office in 2023. The Kano–Katsina–Maradi project was reportedly at just five per cent completion, while the Kaduna–Kano line was below 30 per cent.

The projects form part of the administration’s commitment to expanding Nigeria’s railway network, improving regional connectivity and facilitating the movement of passengers and goods across the country and beyond.

The Kaduna–Kano railway, an extension of the existing Abuja–Kaduna Standard Gauge Railway, is expected to establish a continuous rail connection between Abuja, Kaduna, Zaria and Kano, strengthening transportation links among key commercial centres in Northern Nigeria.

To assess the level of progress, President Tinubu recently directed a Federal Government inspection team, led by the Permanent Secretary of the Federal Ministry of Transportation, Engr. Funso Adebiyi, to inspect the projects.

Adebiyi expressed satisfaction with the quality of construction work, particularly the railway alignment, drainage systems, embankment protection, stone pitching and soil stabilisation.

The inspection also featured a train test run from Jaji in Kaduna State to Kano, enabling officials to assess the completed track infrastructure and passenger comfort.

President Tinubu has further directed that outstanding land acquisition and compensation issues within Kaduna metropolis be resolved immediately to facilitate the completion of the railway corridor connecting Abuja to Kano.

The Federal Government disclosed that the completed 190-kilometre Jaji–Kano section of the Kaduna–Kano railway, alongside the 250-kilometre Dawanu–Kano–Kazaure–Daura–Katsina section of the Kano–Maradi project, is scheduled for inauguration on December 3, 2026.

When fully operational, the Kaduna–Kano railway is expected to ease passenger movement, boost commercial activities and provide a safer alternative to road transportation along one of Northern Nigeria’s busiest economic corridors.

Similarly, the Kano–Katsina–Maradi railway is expected to enhance cross-border transportation, strengthen regional trade and deepen economic relations between Nigeria and neighbouring Niger Republic.

The Federal Government reiterated its commitment to ensuring that ongoing infrastructure projects across the country are completed and delivered in line with their scheduled timelines.

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FG Begins ₦50,000 Monthly Cash Relief for Vulnerable Nigerians

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The Federal Government has commenced a monthly cash relief programme offering ₦50,000 to vulnerable Nigerians to cushion the effects of rising living costs and economic hardship.

The Minister of Humanitarian Affairs and Poverty Reduction, Bernard Doro, disclosed this in a statement issued on Friday in Abuja, announcing the National Emergency Relief and Stabilisation Intervention (NERSI), a presidential initiative aimed at providing direct financial support to millions of vulnerable households.

Doro said the intervention was introduced in response to global food inflation and rising prices of essential goods, which continue to put pressure on household finances.

Under the programme, eligible beneficiaries will receive ₦50,000 monthly to help meet essential needs and ease the burden of the rising cost of living.

The minister explained that the intervention would be reviewed periodically in line with prevailing economic conditions, with beneficiaries notified directly before any adjustment.

He said the ministry was working with licensed digital financial service providers to ensure secure, transparent and timely disbursement of the funds.

According to him, beneficiaries will receive text messages from the providers seeking their consent before payments are made directly into their bank accounts or mobile wallets.

Doro clarified that beneficiaries are not required to apply, pay any fee or register through agents to access the programme.

He warned Nigerians against fraudsters, urging them not to disclose their Personal Identification Numbers (PINs) or Bank Verification Numbers (BVNs) to anyone.

The minister advised those uncertain about any message or facing demands for payment to contact the official NERSI helpline on 0700-022-2222.

He said the intervention complements existing Federal Government social protection and economic support programmes, while strengthening household resilience and economic stability.

Doro added that the initiative aligns with President Bola Tinubu’s Renewed Hope Agenda and underscores the ministry’s commitment to delivering social support with dignity, transparency and accountability.

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Ekiti Bureau Congratulates Oyebanji, Prioritises Curbing Capital Flight

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The Ekiti State Bureau of Local Content has congratulated Governor Biodun Oyebanji on his inauguration for a second term in office, pledging to prioritise efforts to address capital flight and strengthen the state’s economy.

The Bureau, in a congratulatory message issued by its management, and signed by the director of Admin Mr Tope Fasoyin, described the governor’s second-term inauguration as an opportunity to consolidate the achievements of his first tenure and advance policies aimed at promoting sustainable economic development in the state.

 

The agency reaffirmed its commitment to supporting the governor’s vision of retaining more economic resources within Ekiti State through effective implementation of local content policies.

 

It said efforts would be intensified to promote the participation of indigenous businesses in government projects, encourage patronage of locally produced goods and services, and create more opportunities for local contractors, suppliers, and service providers.

 

According to the Bureau, prioritising local content would help reduce capital flight, stimulate indigenous enterprise, create employment opportunities, and ensure that more economic benefits accrue to the people of Ekiti State.

 

The management also pledged to collaborate with relevant stakeholders to ensure that the governor’s economic development agenda is translated into tangible benefits for residents.

 

It expressed confidence that Governor Oyebanji’s second term would bring renewed opportunities for economic growth, investment, and sustainable development across the state.

 

The Bureau wished the governor a successful and impactful second term in office.

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