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OPPORTUNITIES IN LAGOS CRITICAL TO S’WEST ECONOMIC ASPIRATIONS – SANWO-OLU

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Lagos State Governor Babajide Sanwo-Olu
Lagos State Governor, Mr. Babajide Sanwo-Olu
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•As Ekiti State Government Opens Liaison Office in Ikeja

•‘Lagos is Our Window to the World’ – Gov. Fayemi

Lagos State is strategically important to the Southwest’s regional economic aspirations, Governor Babajide Sanwo-Olu said on Monday.

Sanwo-Olu said Lagos, as the nation’s hub of commerce and industrial activities, would continue to strengthen partnerships and raise the economic status of States in the Southwest region, stressing that his administration would always be open to collaborations that would spread socio-economic prosperity across the region.

The Governor spoke at the commissioning of a new Ekiti State Government’s liaison office and Governor’s Lodge built on Oduduwa Crescent in Ikeja GRA, Lagos. The edifice was developed and delivered by the Governor Kayode Fayemi administration.

Sanwo-Olu said the location of the Ekiti State’s liaison office in Lagos offered a suitable ambience to remotely conduct business of Government and host investors.

There are also liaison offices of Ogun, Osun, Ondo and Oyo states, and the proposed secretariat of the Southern Governors’ Forum in the area.

Sanwo-Olu said the decision of his colleague Governors to open liaison offices in Lagos was an indication of the strength Lagos could bring to bear for shared growth and prosperity. He said collaboration remained the key to development.

“This is an honour and privilege to have my brother Governors see the strength Lagos can bring to bear for our shared prosperity. When we all work together, with the understanding that we all have different skills and strengths, we can organically develop every State’s unique strength and address our weaknesses, so that our region and the country can be on the path of growth, development and economic sustainability.

“Ikeja is a capital city and it will continue to be home to all strategic developments. Just as Government houses are springing from here, new businesses in hospitality and healthcare are coming here. GRA is a short distance to the airports. This means people can drive in here and conduct businesses without having to get into other parts of Lagos. Governors can quietly come in and run the business of Government from this wonderful territory.”

The influx of public buildings and private businesses into GRA, Sanwo-Olu said, necessitated his administration’s response to ramp up infrastructure within the area. The Governor disclosed that the State Government would be commissioning network of roads in GRA and other ancillary infrastructure in the coming months.

Sanwo-Olu praised Governor Fayemi for deeming it fit to build the lodge, stressing that the development would further drive the growth of Ekiti’s GDP.

Fayemi described Lagos as “key factor” in Ekiti State’s investment strategy, noting that Lagos was not only a key market for Ekiti products, but also its window to the outside world.

He said the liaison office edifice, which has conference facilities and accommodation for the Governor and aides, would save Ekiti State avoidable expenses in hotel accommodation each time its officials visit Lagos for meetings and official duties. He added that Ekiti State Development and Investment Promotion Agency (EKDIPA) would use the edifice for expansion of commerce and investment.

“The strategic importance of having this edifice in Lagos is enormous. This liaison office will serve as a go-to place not only for Ekiti indigenes in Lagos, who require official services and information from Ekiti State Government, but also to non-Ekiti indigenes desirous of engaging the State. It will also serve as a communication and contact Centre of our State with Federal and State Government Offices, Embassies, offices of international organisations here in Lagos as well as private sector players headquartered in Lagos,” Fayemi said.

 

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Anambra Traditional Rulers Confer ‘Dike Si Mba’ Title On Tinubu

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President Bola Ahmed Tinubu
President Bola Ahmed Tinubu
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President Tinubu crowned ‘Dike Si Mba’ of Anambra by Anambra State Traditional Rulers

Traditional rulers in Anambra State on Thursday conferred a chieftaincy title of ‘Dike Si Mba’ of Anambra on President Bola Tinubu.

The Traditional rulers led by the Chairman of the Anambra State Traditional Rulers Council, Igwe Chidubem Iweka of Obosi, gave the President the title in Awka during his official visit to the state.

‘Dike Si Mba’ loosely translates to ‘Hero from another land’, was given to President Tinubu by the traditional rulers representing all the communities in Anambra State.

Tinubu, who is in Anambra State on official visit, arrived at the Chinua Achebe International Airport in Umueri around 12:15pm, and was received by Governor Chukwuma Soludo, his deputy, Onyeka Ibezim and other government officials.

Tinubu inaugurated Anambra State’s first-ever Government House on Thursday, marking a historic milestone more than 30 years after the state’s creation.

Tinubu also inaugurated several other projects done by the administration of Governor Chukwuma Soludo.

It is the President’s second visit to the South-East this year after visiting Enugu State in January.

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 Nigerian Senate Passes 2 Tax Reform Bills

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Senate in Session
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The Nigerian Senate has passed two out of the four Tax Reform Bills which are expected to overhaul Nigeria’s tax laws.

The lawmakers approved the bills following the consideration and adoption of the recommendations of the Senate Committee chairman Senator Sani Musa during the committee of the whole

The four key bills are the Joint Revenue Board (Establishment) Bill, 2025, the Nigeria Revenue Service (Establishment) Bill, 2025, the Nigeria Tax Administration Bill, and the Nigeria Tax Bill.

But out of the four, only the Bill to Repeal the Federal Inland Revenue Service Act and enact the Nigeria Revenue Service (Establishment) Bill, 2025 was approved

The second approved bill is the Nigeria Tax Administration Bill which is an Act to provide for the assessment, collection of and accounting for revenue accruing to the federation, federal, states and local governments.

“Prescribe the powers and functions of tax authorities and for related matters”.

Presenting the report, Sani said that the bills sought to reform Nigeria’s tax framework, strengthen institutions and enhance accountability and compliance.

Contributing, Deputy Senate President of Jibrin Barau congratulated the entire Senate and in particular, the Committee on Finance and the Elders Committee for the wisdom and leadership that has been shown in the passage of the bills.

“Initially, there were in disagreements and there were rancors here and there.

“But the Senate, standing on its position as the highest assembly in the land, decided to establish this committee, the Committee of Elders (Special Committee).

“To look at all those areas of contention and hear the views of religious leaders, regional organisations and other stakeholders.”

In his remarks President of the Senate, Godswill disclosed that the remaining two bills will be considered in plenary on Thursday.

He commended the committee on Finance and senators for a thorough job.

“He also expressed gratitude to the group of “elder senators” who collated and deliberated on areas of contention in the Tax Bill through meetings and consultation with dissenting voices.

Akpabio expressed optimism that the tax laws would revolutionalise and optimise tax collection across the country.

He expressed satisfaction that the passage of the bills have dispelled rumours that they were meant to serve the interests of a part of the country, adding that all Nigerians will benefit from them.

 

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Senate Sets Up Committee To Oversee Rivers Administrator

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The Nigerian Senate has constituted an 18-member committee tasked with overseeing the activities of the Sole Administrator of Rivers State, Vice Admiral Ibok-Ete Ibas (rtd.).

This, it said, was in a bid to strengthen transparency and accountability in the state’s governance.

Senate Leader, Senator Opeyemi Bamidele, was named as chairman of the committee.

The announcement was made on Tuesday by the President of the Senate, Senator Godswill Akpabio, during the resumption of plenary.

Akpabio highlighted the importance of the committee’s mandate, stating that its role was critical in ensuring effective legislative oversight in Rivers State.

Akpabio also hinted that the composition of the committee might be subject to review following further consultations.

Other members of the committee include Senators Adamu Aliero, Osita Izunaso, Osita Ngwu, Kaka Shehu, Aminu Abass, Tokunbo Abiru, Adeniyi Adebire, Sani Musa, Simon Lalong, Asuquo Ekpeyong, Adams Oshiomhole, Ireti Kingibe, Onyekachi, Idiat Adebule, Ide Dafinone, and Mohammed, alongside the Clerk of the Senate.

The Senate President charged the committee to commence its oversight duties without delay, stressing the urgency of their assignment.

He also reaffirmed the Senate’s commitment to upholding democratic processes in Rivers State.

 

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