Tag: Lagos State

Medical tourism: Nigerians spend $1m in foreign hospitals
Helth

Lagos plans new agency to monitor private healthcare standards

Lagos State is moving to establish a new regulatory agency dedicated to monitoring private healthcare facilities, a step officials say is necessary to improve patient safety and address gaps in the state’s existing oversight system. The Speaker of the Lagos State House of Assembly, Mudasiru Obasa, announced the plan on Saturday at a Gala and […]

featured News

Sanwo-Olu presents N4.237tr budget to Lagos Assembly

Lagos State Governor, Babajide Sanwo-Olu, on Tuesday presented a proposed budget of N4.237 trillion for the 2026 fiscal year to the state House of Assembly. The House, for its part, vowed to meticulously scrutinise the financial proposal. Security was visibly heightened within and around the Assembly complex during the event, with officers from the Police, […]

Business

Sanwo-Olu proposes N4.24tn 2026 budget to Lagos Assembly

Lagos State Governor Babajide Sanwo-Olu has proposed a record N4.237 trillion budget for 2026, dubbing it the “Budget of Shared Prosperity.” The proposal, presented to the State House of Assembly, represents a significant increase of over N1 trillion from the 2025 budget. Sanwo-Olu affirmed that Lagos remains a leading continental economic hub. “This budget is […]

A poultry farm with many birds
Business

Yuletide: Lagos residents assured of poultry price drop

The Poultry Association of Nigeria, Lagos state Chapter, has offered an assurance to residents regarding a potential drop in the price of poultry produce. This anticipated reduction follows the intervention of the Lagos State Government’s ‘Ounje Eko’ phase 2 farmers subsidy programme. Mr. Foluso Adams, who serves as the PAN Vice President and Chairman of […]

Lagos plans CNG-powered buses by end of 2024
Real Estate

Sanwo-Olu unveils 233 new housing units in Lagos

Governor Babajide Sanwo-Olu of Lagos State on Friday inaugurated 34 blocks comprising 233 housing units at the Abraham Adesanya Housing Estate in Ajah. This delivery marks another milestone in the state’s efforts to expand access to affordable and decent homes for its residents. The estate was developed through a Public-Private Partnership between the Lagos State […]

Lagos' GDP hits $159bn, becomes Africa's second-largest city economy
News

Lagos raises N245bn for major infrastructure devt projects

Lagos State has successfully raised N244.82 billion through the issuance of green and conventional bonds, with proceeds earmarked for major infrastructure projects across the state. Speaking at the Ministry of Finance and DMO bond signing ceremony in Lagos, Governor Babajide Sanwo-Olu thanked investors for their strong confidence in the state, noting that the issuance is […]

News

Lagos postpones Lekki-Ajah corridor rehabilitation

The Lagos State Government has indefinitely postponed the planned rehabilitation of the Lekki-Ajah corridor. The announcement was made in a statement by Lagos State Commissioner for Transportation, Oluwaseun Osiyemi, on his official X (formerly Twitter) account on Tuesday, November 18, 2025. Osiyemi noted that the works, originally scheduled to begin on November 15, have been […]

Maritime

NPA confirms 20 ships offloading food, fuel at Lagos ports

The Nigerian Ports Authority announced on Wednesday that 20 ships were currently discharging petroleum products and food items across the Lagos ports, specifically at Apapa, Tincan, and Lekki Ports. This information was detailed in the NPA’s publication, ‘Shipping Position’, a copy of which was provided to the News Agency of Nigeria in Lagos. The contents […]

Gas export: FG records N1.2tn loss
featured News

One injured as gas explosion rocks Lagos market

A gas explosion occurred on Sunday afternoon at Orisunmibare Market in the Orile-Iganmu area of Lagos State, but the situation was quickly brought under control by men of the Lagos State Fire and Rescue Service. The blast, which took place around 2:13 p.m., originated from a gas retail outlet housing multiple cylinders of different sizes. […]

N40,000 rice initiative targets public servants, others to follow
featured Food

Rice prices crash in Lagos markets over import surge

Rice prices have dropped sharply in several Lagos markets due to a surge in border imports, easing the financial burden on consumers. This development, however, has raised concerns among traders over reduced profits and the sustainability of their businesses. The News Agency of Nigeria reported that a 50kg bag of rice in Lagos currently sells […]