Asset Management Corporation of Nigeria (AMCON ) has dragged a Limited liability company, Reachout Nigeria Limited and its Chairman, Barrister Steve Ahaneku before a Federal high court in Lagos over unpaid loan of N100m debt. Joined as co-defendants in the debt recovery suit are, the Managing Director of the company Bona Nlemadim and Maxwell Ignatius Eze who is the owner ...
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Ambode sacks three commissioners and appoints five new ones
Three commissioners were sacked on Thursday as Lagos State Governor, Akinwunmi Ambode reshuffled his major cabinet and appoints five new ones. Akinwunmi Ambode In a statement signed by the Secretary to the State Government, Mr. Tunji Bello, the three affected cabinet members are Mrs. Adebimpe Akinsola, Mr. Femi Odubiyi and Mr. Anifowoshe Abiola. The newly appointed cabinet members include Mr. Hakeem ...
Read More »Governor Akinwunmi Ambode unveils Safety Arena
On Tuesday, Governor Akinwunmi Ambode unveiled a world class safety arena to effectively tackle problem of emergency management in the state. The Safety Arena housed all emergency government agencies and security agencies like Taskforce, LASEMA, Fire Services, among others. While speaking at the event, he said Lagos was currently grappling with the challenges of huge population like most mega city-states ...
Read More »Expert bids for investment in Waste- to-Wealth programme
A waste management expert, Prof. Oladele Osibanjo, has advised all tiers of government to seek for investment in the waste-to-wealth programme in 2018. Osibanjo, the President, Waste Management Society of Nigeria (WAMSON), gave the advice on Tuesday in an interview with newsmen in Lagos. He also urged them to provide the enabling environment for investors to turn all types of ...
Read More »Lagos State boosts infractsructure with tax revenues
Nigerians usually get into the fray each time popular footballers are charged by the Spanish authorities for alleged tax offences. Lionel Messi, Cristiano Ronaldo and Neymar have at various times, been linked to tax fraud, triggering outbursts in Nigeria about the propriety of such actions. The emotional attachment to these footballers or their clubs often beclouds the underlying issues: tax ...
Read More »Lagos State Government’s achievements in 2017- Ambode
In Lagos State, the departed year was noteworthy in many ways. As we continue to bask in the euphoria of the New Year and ponder on the many possibilities it offers, it will not be out of place to reflect on some of the feats accomplished by Lagos State Government in the previous year. In 2017, the Lagos State Government’s ...
Read More »Man behind bars for selling his late brother’s property to two persons
The Zone 2 Police Command, Onikan, Lagos State, has arrested a 31-year-old man, Agbata Ebuka, for allegedly selling his late brother’s property to two persons. The property, a bungalow, is located in the Ishasi area of the state and was reportedly sold by the suspect to one Ifeanyi Okeke and Ifeanyi Okonkwo without the consent of other family members. PUNCH ...
Read More »Proposed Sale of National Theater Sparks Protests Among workers
A peaceful protest was carried out by the workers of the National Arts Theatre, Iganmu on Tuesday to protest against the proposed sale of the national monument and other Federal Government facilities. The workers expressed their opposition to the proposed sale of the national assets by carrying placards with various inscriptions round the city. The workers blamed the dwindling fortune ...
Read More »Affordable housing in Lagos remains our commitment – Commissioner
Mr Gbolahan Lawal, the Lagos State Commissioner for Housing, has assured residents of the state of government’s commitment to delivering quality and affordable housing in Lagos for all residents. Lawal stated this at the opening of a workshop on “Building an End-End Ecosystem for Affordable Housing,’’ in collaboration with the Nigeria Mortgage Refinance Company(NMRC) Plc and Mortgage Warehouse Funding Ltd. ...
Read More »Paint manufacturers urge government to develop local raw materials
“Faced with dwindling foreign exchange earnings, the Paint Manufacturers Association of Nigeria (PMA) has urged the federal government to attach importance to the development of the raw materials base.”-The Guardian While pledging to encourage investors who are willing to invest in paint raw material production and development, they appealed to the government to extend intellectual, technological, legal and financial collaboration ...
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