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Lagos needs $33bn investments in energy – Official

Ecosia and Qwant have announced a partnership to create a European search index, aiming to reduce their reliance on major U.S. tech companies like Google. The joint venture, named the European Search Perspective, will be equally owned by both companies, according to CNBC. Scheduled for launch in France in early 2025, the initiative will focus […]

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Lekki deep sea port crucial to Lagos trade – Sanwo-Olu

Lagos State Governor, Babajide Sanwo-Olu, has described the Lekki Deep Sea Port as a key part of his administration’s plan to make Lagos the leading commercial hub in West Africa. At the closing ceremony of the 2024 Lagos International Trade Fair, Sanwo-Olu emphasized the state’s determination to take full advantage of the African Continental Free […]

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Lagos, developers meet over distressed buildings redesign

The Lagos State Government has announced plans to hold a meeting with developers and owners of distressed buildings to discuss strategies for redesigning and remodeling these structures by November. Commissioner for Physical Planning and Urban Development, Oluyinka Olumide, shared this update during a recent event in Alahusa, Lagos, according to The Punch. He expressed concern […]

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Lagos pledges technical support to distressed building owners, developers

The Lagos State Government has unveiled plans to assist developers and property owners in tackling the increasing problem of distressed buildings. The Commissioner for Physical Planning and Urban Development, Dr. Oluyinka Olumide, disclosed this in a statement released by the Deputy Director of the ministry’s Public Affairs Unit, Mukaila Sanusi, on Sunday, according to Nairametrics. […]

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Lagos extends amnesty for building permit compliance to Dec. 31

The Lagos State Government has announced an extension of the amnesty period for owners and developers of buildings lacking Planning Permits, now set to expire on December 31, 2024. Governor Babajide Sanwo-Olu made this disclosure at the recent Lagos Physical Planning Summit held at Eko Hotels and Suites via the official X account of Lagos […]

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Legal challenges could delay N102bn Lekki airport project

The Lagos State Government’s plan to build a new airport to complement Murtala Muhammed Airport may face legal challenges due to an existing agreement prohibiting such construction. This agreement is between Bi-Courtney Aviation Services Limited and the Federal Government, according to The Punch. Governor Babajide Sanwo-Olu recently met with officials from the Nigeria Civil Aviation […]

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Lagos to introduce tax incentives for startups in innovation bill

The Lagos State Government has announced plans to offer tax incentives and other benefits to startups operating within the state, as part of its forthcoming Innovation Bill. This key legislative initiative aims to accelerate the growth of startups and enhance the ease of doing business in Lagos. This was disclosed by the Lagos State Commissioner […]

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Lagos targets $3m investment for startups at GITEX global 2024

The Lagos State Government announced its aims to secure $2 to $3 million in investments for Nigerian startups at GITEX Global 2024 in Dubai. This was disclosed by the Commissioner for Innovation, Science, and Technology, Mr. Tunbosun Alake, in a recent interview, referencing the success of Nigerian startups at last year’s event, according to Nairametrics. […]

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Lagos begins e-call up system for trucks at free trade zone

The Lagos State Government officially launched the E-Call Up System on Monday to manage truck movements in the Lekki-Epe corridor and reduce congestion caused by articulated trucks. This technology-driven solution is expected to streamline traffic flow, decrease waiting times, and enhance logistics within the Lekki Free Trade Zone. The launch follows a previous postponement of […]

Dangote Refinery loses N32.5bn after petrol price cut
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Lagos, Dangote refinery disagree over parks, call-up system for trucks

The electronics call-up truck management system introduced by the Lagos State Government to prevent gridlock in the Lekki Port corridor appears to be facing significant challenges as key stakeholders disagree on implementation, several years after the programme was initiated. The two key stakeholders are Lagos State Government which is the owner and driver of the […]

Lagos plans CNG-powered buses by end of 2024
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Lagos to partner Portugese firm for proposed Lekki-Epe International Airport 

The Lagos State Government is considering a collaboration with the Portuguese construction firm Mota-Engil Consortium to build the proposed Lekki-Epe International Airport. This initiative aims to reduce congestion at Murtala Mohammed International Airport and enhance infrastructure along the Lekki-Epe corridor. Governor Babajide Sanwo-Olu, currently on a two-day working visit in Portugal, shared the news through […]

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Sanwo-Olu reopens Lagos discount market ‘Ounjè Eko’

Lagos State Governor Babajide Sanwo-Olu has directed the reopening of the “Ounjè Eko” Sunday markets, which will offer a 25% discount on staple food items such as rice, beans, gari, bread, eggs, tomatoes, and pepper. The was disclosed by the Commissioner for Information and Strategy, Lagos State, Gbenga Omotoso, via his official X handle. He […]

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