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FAYEMI NAMES STATE CIVIC CENTRE AFTER AWOLOWO

…as state commemorates 35th anniversary of the sage’s death
The Governor of Ekiti State, Dr Kayode Fayemi has named the recently inaugurated ultra modern Civic and Convention Centre, in Ado-Ekiti, the state capital, after the late sage and former Premier of the defunct Western Region, Chief Obafemi Awolowo.
The gesture, according to a release personally signed by Governor Fayemi in Ado-Ekiti on Monday, is in commemoration of the 35th anniversary of the death of the late Awolowo. The Civic and Convention centre, which was commissioned by Vice President Yemi Osinbajo (SAN) on October 14, 2021, is now to be known as Obafemi Awolowo Civic Centre, Ado-Ekiti.
The Governor’s statement reads:
“Today, as always, we remember and celebrate the life and legacy of the late Chief Obafemi Jeremiah Oyeniyi Awolowo, GCFR, who was a founding father of our great country Nigeria, frontline nationalist, former Premier of the defunct Western Region, former Federal Commissioner for Finance, and one of the founding fathers of the progressive movement in Nigeria.
“In his lifetime, late Chief Awolowo demonstrated the finest ideals of the Yoruba Omoluabi in his personal life and public conduct, and bequeathed to us coming after him one of the greatest examples of a life of integrity, honour, and service.
“His vision and central philosophy of ‘Life More abundant, and Freedom for All’ remains the foundation upon which the ideology and practice of the progressive movement in Nigeria and beyond continues to build, while his teachings and writings remain a guide for the many public servants to this day.
“The government and people of Ekiti State are proud to be associated with the legacy of our dear late Chief Obafemi Awolowo, and on this occasion of the 35th Anniversary of his demise, I am pleased to announce that in our modest way to further immortalize our dear legend, we are naming the recently commissioned Civic Centre in the state capital Ado-Ekiti as the Obafemi Awolowo Civic Centre, from this day, Monday, May 9, 2022.
“The Obafemi Awolowo Civic Centre from this day, shall be a memorial to all that her patron of blessed memory represents, and a reminder for us all to continue to strive to achieve the unfinished greatness that he lived for.
“May his memory remain blessed.”
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SANWO-OLU ASSURES LAGOSIANS OF ECONOMIC SUSTAINABILITY

Governor Babajide Olusola Sanwo-Olu has assured Lagosians that the State will continue to sustain its enviable status as the fifth largest economy in Africa and also achieve its vision to become Africa’s model megacity as well as a global economic and financial hub that is safe, secure, functional and productive.
Sanwo-Olu gave the assurance at the Year 2022 edition of the Punuka Annual Lecture with the theme:
“Taxation of the Digital Economy: The Challenges and Prospects for the Nigerian Economy”, held recently at Metropolitan Club, Victoria Island.
Governor Sanwo-Olu, represented by the
Commissioner for Finance, Dr. Rabiu Olowo, reaffirmed Lagos State’s commitment to improving the ease of doing business through the development of Small and Medium Scale Enterprises (SMEs) and ensuring overall prosperity for every citizen.
He averred that the Lagos State Government will continuously seek ways of improving revenue generation through a tax system that is modern, efficient and effective, noting that it is in this regard that the present administration considers the lecture timely and relevant.
Sanwo-Olu said the State faces major challenges in taxing income/profit accruing from e-commerce and digital activities as the transactions more often than not transcend borders, while the contracting entities usually do not have a fixed base (tax residence rule) in the State.
Explaining that the trend has made it difficult to trace, track and establish taxing rights over the huge profits made by multinational enterprises and individuals, the Governor said the inability to garner the requisite tax income from such e-commerce businesses is detrimental to revenue collection/generation.
According to him, the emerging trend requires laws to regulate their operations, just as monitoring will also help to establish the economic presence of these entities for tax purposes.
Mr. Governor reiterated that the State is always open to ideas, strategies and ways to effectively and comprehensively improve tax administration processes and procedures in line with emerging trends in the digital economy towards maximising its revenue generation capacity.
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EndSars: Osun govt compensates Police brutality victims, presents cheques of N53,290,000.00
