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SANWO-OLU:  LAGOS OPEN FOR NEW INVESTMENTS, READY FOR BUSINESS

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Lagos State Governor Babajide Sanwo-Olu
Lagos State Governor Babajide Sanwo-Olu
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Lagos State Governor, Mr. Babajide Sanwo-Olu, on Monday reiterated his administration’s commitment to investments from local and international companies, saying Lagos is ready for business and open to new investments.

The Governor spoke during a courtesy visit by the management of the Daewoo Engineering and Construction Nigeria Limited, led by its Group Chairman, Mr. Jung Won Ju, at the Lagos House, Ikeja.

Governor Sanwo-Olu assured investors that his administration will create an enabling environment for investments and businesses to grow in the State. He said the Lagos State Government is ready and willing to partner with Daewoo Engineering and Construction Nigeria Limited in automobile, real estate and technology.

He said: “The relationship between South Korea and Nigeria dates back several decades and we all know how the Daewoo Industry is worldwide. We are aware of your strength and capacity.

Lagos is ready for business and it is open for new investments. I know Daewoo Nigeria has been here for a while but this is an opportunity for you to take that relationship to another level.

“So, on this your visit, don’t let it just be a visit to show; let it be a visit of commitment and real partnership. Let it be a visit where there will be real transactions on the table that both of us can take away.

“We are here to create the enabling environment for investments and businesses to grow. So, whatever you need from our side for your investments within our means, you can be rest assured that we are willing to do it for as long as we see a mutually beneficial relationship.

“Our city is open. We are ready and willing to create that partnership with you in automobile, real estate and technology because we have a very strong and capable youth population that is dynamic. They are very professional and they are ready to work.”

Speaking earlier, Mr. Jung Won Ju, said his company will be investing in real estate and infrastructure in Nigeria, saying Lagos has been identified as one of the major investment areas because Lagos is the economic capital of Nigeria.

Also speaking, the General Manager, Contract and Business Development of Daewoo Engineering and Construction Nigeria Limited, Mr. Adekunle Ilesanmi, commended Lagos State for accommodating a lot of investments and providing an enabling environment for returns on investments.

He said: “We are going to be investing in housing, real estate and infrastructure. Daewoo has over 40 years of commitment in Nigeria. We are trying to increase our investments in the country and Lagos has been identified as one of the major investment areas because Lagos is the economic capital of Nigeria.

“The chairman is willing and has assured Mr. Governor that we will make that commitment in a short time, especially in the real estate and housing.

“It is very commendable to see Lagos State accommodating a lot of investments and giving an enabling environment to all the investors coming in and ensuring that there is a return on investments. That makes Lagos attractive because when you invest here, you are sure of a return on your investment. The government is going to support you to be able to have a return on your investment.”

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Senate Confirms Bernard Doro as Minister of Humanitarian Affairs

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Bernard Doro
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The Senate has confirmed the nomination of Bernard Doro as Nigeria’s new Minister of Humanitarian Affairs and Poverty Alleviation.

President Bola Ahmed Tinubu had forwarded Doro’s name to the upper legislative chamber for screening and confirmation in a letter dated October 21, 2025.

Doro’s appointment comes in the wake of the election of Dr. Nentawe Yilwatda as the National Chairman of the All Progressives Congress (APC) in July, a development that created a ministerial vacancy in the humanitarian affairs portfolio.

During Thursday’s plenary session, senators deliberated on the President’s request before unanimously confirming Doro’s nomination through a voice vote.

With his confirmation, Doro is expected to oversee ongoing humanitarian interventions, coordinate poverty reduction programs, and strengthen the government’s response to social welfare challenges across the country.

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Tinubu Grants Clemency to Selected Convicts

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President Bola Ahmed Tinubu
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*** Moves Prerogative of Mercy Secretariat to Justice Ministry

President Bola Ahmed Tinubu has signed the official instruments of clemency and pardon for selected individuals, completing the formal process of exercising his constitutional power of prerogative of mercy.

The decision followed consultations with the Council of State and a review of public opinion, according to a statement by Bayo Onanuga, Special Adviser to the President on Information and Strategy.

Under the review, individuals convicted of serious offences such as kidnapping, drug trafficking, human trafficking, fraud, and unlawful possession of firearms were removed from the list of beneficiaries. Others who had previously been pardoned had their sentences commuted.

Onanuga said the review was guided by considerations of national security, the feelings of victims, the morale of law enforcement agencies, and Nigeria’s international obligations. He added that the concept of justice as a “three-way traffic” — involving the accused, the victim, and the state — informed the President’s decision.

The approved list of eligible beneficiaries has been forwarded to the Nigerian Correctional Service for implementation.

In a related directive, President Tinubu ordered the immediate relocation of the Secretariat of the Presidential Advisory Committee on Prerogative of Mercy from the Ministry of Special Duties to the Federal Ministry of Justice.

The President also instructed the Attorney-General of the Federation to issue new guidelines for exercising the power of mercy, mandating consultation with relevant prosecuting agencies to ensure that only qualified individuals benefit from future clemency exercises.

Tinubu expressed appreciation for the feedback received from stakeholders and the public, reaffirming his administration’s commitment to judicial reform and the improvement of Nigeria’s justice system.

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Senator Bamidele Donates Brand-New 2025 Coaster Bus to Ekiti APC

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Brand New Bus Donated by Senate Leader, Sen. Opeyemi Bamidele
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The Senate Leader, Senator Michael Opeyemi Bamidele (MOB), has once again demonstrated his characteristic leadership and commitment to party development by donating a brand-new 2025 model Coaster Bus to the All Progressives Congress (APC) Ekiti State Executive Committee.

The presentation, described as a remarkable gesture of support and solidarity, underscores Senator Bamidele’s unwavering dedication to strengthening the party’s administrative capacity, enhancing mobility, and promoting unity among members across the state.

According to sources within the party, the new bus will serve as a vital logistical asset for the state secretariat, enabling smoother coordination of activities and improved communication between local government chapters and the state executive.

Party leaders and members have commended Senator Bamidele for his consistent contributions to the progress of the APC in Ekiti State and beyond. They described him as a dependable and visionary leader whose service-driven approach continues to inspire confidence and cohesion within the party structure.

Senator Bamidele, who also serves as the Chairman of the Southern Senators’ Forum, has over the years maintained a reputation for responsive leadership, philanthropy, and political maturity. His latest donation aligns with his broader vision of building a stronger and more effective APC that reflects the principles of good governance and grassroots participation.

In his usual manner, the Senate Leader emphasized that leadership must be about service, sacrifice, and empowerment, noting that his gesture was aimed at supporting the smooth functioning of the party machinery in the state.

“Our strength as a party lies in unity and effective coordination,” Senator Bamidele was quoted as saying. “This gesture is my modest contribution toward ensuring that our great party in Ekiti remains vibrant, mobile, and united in purpose.”

With this latest intervention, Senator Bamidele has once again reaffirmed his position as a pillar of support and a symbol of progressive leadership within the APC, both in Ekiti State and at the national level.

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