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LSETF HAS SUPPORTED OVER 40,000 STARTUPS WITH ACCESS TO FINANCE – SANWO-OLU

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Lagos State Governor Babajide Sanwo-Olu and others
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LSETF HAS SUPPORTED OVER 40,000 STARTUPS WITH ACCESS TO FINANCE – SANWO-OLU

…Says Tech Firms Have Received Millions Of Grants From State Science And Research Council

…As First Lady Hosts First Lagos Inter-Youth Collaboration

Lagos State Governor, Mr Babajide Sanwo-Olu on Tuesday disclosed that the Lagos State Employment Trust Fund (LSETF) has so far supported over 40,000 startups with access to finance which in turn has created jobs and contributed to the bid to ensure an enabling environment for businesses, especially budding entrepreneurs to thrive.

The Governor spoke at the maiden edition of the Lagos Inter-Youth Collaboration organized by the Office of the First Lady of Lagos State, held at LTV Blue Roof, Agidingbi, Ikeja, with the theme: “Youths and Moral Values in an Evolving Society: Challenges and Recommendations.”

The programme, according to a statement signed by the Assistant Director, Public Affairs, Office of the Lagos State First Lady, Mrs Olubukonla Nwonah, was designed to expose over 1,000 participants drawn from 100 youth groups both from formal and informal sectors as well as paramilitary institutions across the state to the various intervention programmes of the state government specifically targeted at the youth.

Mr Governor said: “The LSETF is also here. If my calculation is not wrong, they have intervened in over 40,000 start-ups. They have given some people soft loans; they have given some people grants directly; they have given other businesses development plans so that they can indeed develop their businesses to full fruition.

“They have been on for a couple of years and every year, they are doing lots and lots of great things. The programmes are available irrespective of who you are, where you are from or who you know, as long as you are a resident of Lagos.”

The Governor, who also spoke on activities of the Lagos State Science and Research Council, said in the last two years, grants worth millions of naira have been given to various tech firms through the council to support them to grow and build on their innovations.

“The council, headed by the VC of UNILAG, reviews a lot of tech start-up businesses that we have and once they see some of them, they pass them; they give them grants. In the last two years, they have given grants of N10million, N20million, N5million, and N2million to different categories of individuals.

“Our youth need to take advantage of these programmes. See how you can partake and how you can be part of it because it is published everywhere before they get entries. We have been doing it for the past two years and there is another one coming before the end of the year again,” Sanwo-Olu said.

He commended the Office of the First Lady for putting the programme together, saying it would go a long way to build conversations around various initiatives of the government for young people.

In her opening remarks, the First Lady, Dr Ibijoke Sanwo-Olu said the Inter-Youth Collaboration was aimed at sensitizing youths on the inculcation of moral values which were gradually being eroded in today’s society, as well as how they can take advantage of intervention programmes of government for the youth.

“Our objectives, among others, are to encourage youth participation in Nation-building, create awareness on civic rights and responsibilities, provide access to opportunities profitable for youths, enlightenment of the youths about the activities of the state government, and re-orientation,” she said.

At the programme, key government MDAs including Ministries of Agriculture, Education, Finance, Wealth Creation and Employment, Youth and Social Development, Science and Technology, Health Management Agency, and Office of Sustainable Development Goals and Investment were on hand to educate participants on programmes of government including Bursaries and scholarship opportunities, low-interest loan packages of the Lagos State Employment Trust Fund, innovation funds, among others.

Representatives of the Independent National Electoral Commission (INEC) were equally on ground to enlighten participants on how to participate in the voting process, while various prizes including laptops, phones, cash rewards and other gift items were won through raffle draws personally supervised by Mr Governor and the First Lady.

The highpoint of the programme was special appearances by Nigerian star actress and producer, Funke Akindele-Bello (Jenifer); as well as hip hop musicians – Humblesmith and CDQ.

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FRSC Lacks Authority To Seize Drivers’ Licences And Vehicles – Appeal Court

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The Court of Appeal in Owerri, Imo State, has ruled that the Federal Road Safety Corps (FRSC) does not have the legal authority to seize drivers’ licenses, vehicles, or related documents without lawful justification.

This decision was made in Appeal No: CA/OW/199/2022, which was filed by the FRSC, the Corps Marshal, and an officer identified by Uniform No. COSS 35 (referred to as the 1st to 3rd Appellants), against Dr. Emmanuel Ugochukwu Shebbs (the Respondent).

The appellate court upheld the earlier judgment of the High Court of Abia State, which had determined that such seizures violate fundamental human rights.

Delivering a unanimous judgment, Justices Amina Audi Wambai, M. Lawal Abubakar, and Ntong F. Ntong confirmed the FRSC’s liability for the rights violation. However, the court reduced the damages awarded to the respondent from N30 million to N10 million, which included both general and exemplary damages.

The case originated from an incident in 2020 during the COVID-19 lockdown, when FRSC officers stopped Shebbs along Bende Road in Umuahia. He reported that, after inspecting his car and finding no faults, the officers demanded a bribe. When he refused, they conducted another inspection, claimed that his tire was worn out, and subsequently confiscated his driver’s license while issuing a N3,000 ticket.

Rather than pay the fine, Shebbs sought redress in the High Court in Abia, arguing that the unlawful seizure of his license violated his fundamental rights

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NYSC Publishes 2025 Batch ‘B’ Stream I Deployment List

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The National Youth Service Corps (NYSC) has released the deployment list for the 2025 Batch ‘B’ Stream I prospective corps members.

The announcement was made on Monday via the scheme’s official Facebook page.

All Prospective Corps Members (PCMs) are advised to log in to the NYSC portal to confirm their deployment status. They must also print and sign the Addendum, which is a mandatory document required for registration at the Orientation Camp.

The NYSC issued a safety advisory urging PCMs not to undertake night travels to their assigned orientation camps to ensure their safety during transit.

According to the scheme, some corps members assigned to Lagos State will undergo their Orientation Course in camps located in Ekiti, Ondo, Ogun, and Osun States. Those deployed to the Federal Capital Territory (FCT) are required to report to orientation camps in either Nasarawa or Kaduna States.

“Prospective Corps Members are advised to print and sign the Addendum, which must be submitted during registration at the Orientation Camp. PCMs are also strongly advised against night travel,” the statement emphasised.

The 21-day orientation program, which marks the official commencement of the mandatory one-year national service, is expected to begin soon.

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INEC Sets To Strengthen Electoral Process, Implements Key Post-Election Reforms

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INEC Logo and Chairman,, Prof. Mahmood Yakubu
INEC Logo and Chairman,, Prof. Mahmood Yakubu
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The Chairman of the Independent National Electoral Commission (INEC), Professor Mahmood Yakubu, has reaffirmed the Commission’s resolve to implement critical post-election recommendations aimed at enhancing Nigeria’s electoral system.

Yakubu gave this assurance on Monday at the INEC headquarters in Abuja during a strategic meeting with the Post-Election Follow-Up and Needs Assessment Mission from the ECOWAS Network of Electoral Commissions (ECONEC).

The ECONEC delegation, which is in Nigeria to review progress made since the 2023 general election, was led by Mrs. Davidetta Browne-Lansanah, Chairperson of Liberia’s National Elections Commission, and Dr. Bossman Asare, Deputy Chairman of Ghana’s Electoral Commission.

Speaking at the session, Professor Yakubu disclosed that of the 37 recommendations presented by the ECOWAS Election Observation Mission (EOM), 13 were directed specifically at INEC. He noted that the Commission had already addressed these through administrative measures, while the remaining 24 recommendations—targeted at institutions such as the National Assembly, the Nigeria Police Force, the National Broadcasting Commission (NBC), National Information Technology Development Agency (NITDA), civil society groups, and political parties—were still pending action.

“The Commission has acted on all recommendations within its purview and awaits the conclusion of legislative reviews for those outside its administrative control,” Yakubu said.

He added that INEC had not only considered these recommendations but also published a comprehensive response document, aligning many of them with the Commission’s broader electoral reform plan, which includes 142 proposals derived from consultations with various stakeholders.

“These reports and documents have been made available to the ECONEC delegation in both digital and hard copies,” Yakubu noted, emphasising that the follow-up mission serves as an important mechanism for reinforcing electoral credibility within the West African sub-region.

He praised ECONEC’s consistent engagement with member states and described INEC’s participation in similar missions, including one to The Gambia earlier in the year, as part of a mutual commitment to regional democratic development.

The ECONEC team is also scheduled to meet with other relevant institutions, including the National Identity Management Commission (NIMC), as part of its mission.

Professor Yakubu also acknowledged the contributions of international partners such as the Electoral Institute for Sustainable Democracy in Africa (EISA), International IDEA, and the German development agency GIZ, all of whom had representatives in the ECONEC team.

He commended the ECONEC Secretariat for its professionalism and expressed optimism about the outcome of the meeting.

“We anticipate a fruitful engagement that will advance the cause of credible elections and democratic consolidation in Nigeria and across the region,” he concluded.

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