Lagos to become a smart city by 2030, says Sanwo-Olu

Lagos Governor Babajide Sanwo-Olu said on Thursday said the state would continue to leverage technology to transform the State’s economy while easing impediments for businesses to flourish. He said the dream of making the state smart city would have been fully realised by 2030, Sanwo-Olu said his administration had begun the implementation of the... Read More

Lagos ready to collect VAT, may exempt SMEs after review of law

The Lagos State Inland Revenue Service (LIRS) has said it is ready for the collection of Value Added Tax (VAT) in compliance with the state law. Assistant Director of Taxes, LIRS, Adetola Olanrewaju, in response to questions during the LCCI’s ‘SMEGroup Workshop on Assisting MSMEs with Regulatory Compliance’ said, “Lagos State is prepared for... Read More

Why FIRS wants to stop Lagos from joining VAT row in Court

The Federal Inland Revenue Service (FIRS) on Thursday opposed the request by Lagos State to be joined as an interested party in its appeal challenging the judgment of a Federal High Court which faulted its collection of Value Added Tax (VAT) in Rivers State. The Court of Appeal in Abuja had last week adjourned... Read More

Lagos moves to access N25 bln green bond, signs MoU with FMDQ, FSD

Lagos State becomes the first sub-national Government to activate the framework for the unlocking of the $1 trillion Nigerian Green Bond Market Development Programme to finance key infrastructure projects. Governor Babajide Sanwo-Olu signed Memorandum of Understanding (MoU) with FMDQ Group and Financial Sector Deepening (FSD) Africa, which are the programme’s implementing partners on the... Read More

Lagos signs MoA with Ikeja Electric on meters procurement, distributions

Lagos Government has signed a Memorandum of Agreement (MoA) to boost power supply in the state with the Ikeja Electric Plc. The MoA signed onbehalf of the govenrment by the State Ministry of Energy and Mineral Resources on Tuesday would ensure that the state finance the procurement of meters to be supplied to customers... Read More

University of Lagos to resume physical lecture, examinations by Aug 26

The University of Lagos (UNILAG) has recalled students to take their second semester examinations between August 26 and September 26, 2021. The students were sent home six weeks ago following COVID-19 scare on the campus. The students have been receiving online classes using the institution’s Learning Management System (LMS) since the July 12 when... Read More

US backs Nigeria fights against piracy as Navy Ship arrives Lagos

USS Hershel “Woody” Williams, the first ship permanently assigned to Africa, arrived in Nigeria’s commercial capital city of Lagos on Saturday as part the U.S. government’s support to combat piracy in the Gulf of Guinea. “Ship visits like this one clearly demonstrate the US’s continued dedication to our partners in the Gulf of Guinea... Read More

Lagos invests N2 bln to rehabilitate dumpsites

The Lagos State Government on Wednesday said that it had invested over N2 billion towards the rehabilitation of dumpsites across the state for effective waste management. State Governor, Babajide Sanwo-Olu, made this known during the unveiling of 102 new compactor trucks and 100 double dino bins at Lagos House, Ikeja. Sanwo-Olu said that the... Read More

Lagos Court sentences 10 pirates to 12-year imprisonment under new piracy law

The Federal High Court sitting in Ikoyi convicted 10 men of piracy under a new law designed to thwart maritime crime in the Gulf of Guinea. A federal judge in Lagos, Nigeria’s commercial hub, handed down 12-year prison sentences to the pirates, said Labaran Magaji, the prosecuting lawyer. The West African nation’s navy captured... Read More

LGAs/LCDAs Election: Lagos imposes restrictions on movement on Saturday

The Lagos State Government has announced restriction of movement across the State between the hours of 8 a.m and 3 p.m on Saturday, 24th July, 2021, during the local governments election in the state. In a statement on Thursday, the Commissioner of Information, Gbenga Omotoso, said the restriction of movement would enable the state... Read More