Fitch upgrades Lagos ratings to AAA

Fitch Ratings, an Internationally renowned rating agency, has upgraded Lagos State ratings from AA+ (nga) to AAA(nga) for its good standing in terms of its debt sustainability and resilience. A statement on Monday titled ‘Fitch upgrades Lagos ratings to AAA, attests to its good standing and resilience’, said while communicating the development to the Commissioner for Finance, Dr. Rabiu Olowo, Fitch Ratings said the feat was published in the Y2020/2021 rating report. It stated that the upgrade of the national long-term rating reflected Lagos State’s strength compared with national peers…

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“Use a child to beg in Lagos, go to jail for 10 yrs” – State govt.

Lagos State government yeaterday said begging with a child will henceforth attract 10 years jail term in the State. The Commissioner for Youth and Social Development, Segun Dawodu, stated this, during a press briefing yesterday. He said a special team will raid the nooks and crannies of the state daily for street beggars, miscreants, and street hawkers. He said the task would be executed in conjunction with the Nigeria Police. Dawodu accused some of the beggars of armed robbery, saying they only use begging as camouflage. The commissioner revealed that…

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Lagos: Fed Govt shuts Eko Bridge

The Federal Government on Friday said it would shut the Ijora ramp of Eko Bridge from midnight to be able to fix a major expansion joint undergoing rehabilitation. The Federal Controller of Works in Lagos, Mr Olukayode Popoola, said this during an inspection of the bridge. He said that construction works on the Costain section of the bridge had been completed, while the entire project was 35 per cent complete. Popoola said that it was time to continue work on a major expansion joint where traffic coming from Apongbon and…

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Sanwo-Olu launches ‘Lagos Cares’ for youths, women

The Lagos State Government has rolled out a $20 million Coronavirus (Covid-19) Action Recovery and Economic Stimulus (Lagos CARES) programme to support livelihood for poor and vulnerable households and to expand food security services in the State. At the State House, Alausa, Governor Babajide Sanwo-Olu launched the social intervention project that is focused on offering a safety net to residents whose means of livelihood had been disrupted by the impacts of Covid-19 and also to building the resilience of the State. The programme, which will be implemented for 24 months,…

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Lagos: State govt. suspends shisha-smoking schoolgirls

…Orders rehabilitation Five female students spotted in a viral video proudly smoking shisha have been identified and suspended from school. The underage girls, who were in their school uniforms were seen in the clip puffing smoke while serenading to music playing in the background. The footage drew widespread concerns among commenters on-line, including public affairs commentator Femi Fani-Kayode, who said the matter was as a result of failure of parenting. The State government, through the Ministry of Education and Ministry of Youth and Social Development, identified them as students of…

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Lagos to build more schools, upgrade skill centres, others for school dropouts

The Lagos State government has announced plans to build more alternative schools across the state for people who may have dropped out of school due to early pregnancy, child trafficking, lack of parental care and others, to have the opportunity to return to school for further education. This was disclosed by the Special Adviser to the Lagos State Governor on Education, Barr. Tokunbo Wahab, during a chat with journalists in Ikeja. This initiative would empower the beneficiaries socially and economically so that they can contribute to the development of society…

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Lagos: LASTMA, VIO’s, others now to wear body cameras for enforcement

Lagos State governor, Babajide Sanwo-Olu, yesterday approved the wearing of body cameras by officials of the Lagos State Traffic Management Authority, (LASTMA); Vehicles Inspection Service, (VIS) officers and others for law enforcement. The governor approved a mass training for the State’s law enforcement personnel on the use of body-worn cameras, ahead of the deployment of the digital tools for security operations across the State. Sanwo-Olu said the move would improve transparency and accountability in the activities of law enforcement agencies, and put the State Government in a better position to…

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Lagos: Govt. gives N1bn loan to tourism practitioners

The Lagos State government gave loans totalling N1 billion to some tourism and hospitality sector practitioners in the State yesterday. The loans were meant to be seed capital to help drive new growth in the sector in the state. The presentation of the loans to beneficiaries was held at the maiden edition of the Lagos Tourism, Hospitality, Arts and Culture Economic Summit. The Summit was organised by the Lagos State chapter of the Federation of Tourism Associations of Nigeria (FTAN), in collaboration with the State’s Ministry of Tourism, Arts and…

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Lagos: Sanwo-Olu, Tinubu unveil multi-billion Naira fly-over bridge

The Lagos State Governor, Babajide Sanwo-Olu, yesterday officially commissioned the 1.4km dual carriageway Flyover Bridge in Pen Cinema Junction, Agege. This is part of the effort by the State government to reduce the gridlock and improve the traffic situation on that axis. During the commissioning of the project, Sanwo-Olu said that the flyover would reduce travel time and save man-hour that would have been otherwise lost to traffic on the road. According to reports, the Governor said it would provide a better riding surface, leading to reduced maintenance cost; boost interconnectivity…

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Lagos shuts 103 health facilities

The Lagos Health Facility Monitoring and Accreditation Agency, (HEFAMAA), has disclosed that 103 health facilities were shut down across the State in 2020 for non-compliance with regulatory standards. The Executive Secretary of the agency, Dr Abiola Idowu, who disclosed this on Friday during a virtual meeting with the agency’s  staff, however, stated that some of the facilities had been re-opened, having corrected the infractions and pledged to abide by set standards. While emphasising the commitment of the State government in sustaining the fight against quackery and unprofessional conducts in the…

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