29 Mar 2023

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IKODIV TRADE FAIR 2023: ICCI PROMOTES 2ND EDITION OF BUSINESS EXTRAVAGANZA AT LASUSTECH, CALLS FOR MSMEs TO UTILISE VENDOR STANDS ®™√ INN Nigeria © 303kekkek834851880690957581 Building momentum towards linking business gaps between MSMEs, a press conference foregoing the 2nd edition of the IKODIV Trade Fair, organised by the Ikorodu Chamber of Commerce and Industry (ICC) took place on the 22nd of march 2023. Held at the boardroom of the Lagos State University Of Science and Technology in Ikorodu, the Trade Fair is billed to be a joint venture with LASUSTECH, ably supported by the State Ministry of Commerce, Industry & Cooperatives. With the primary objective of promoting commerce, industry, and the economic growth of Ikorodu Division, Ikorodu Chamber of Commerce and Industry (ICCI) is spearheading the 2nd edition to further develop more networks between over 100 registered small and large-scale business owners, giving expansion tendencies thereof. Setting the conference in motion, Chief R.O Shoderu, President of ICCI, stated that the Chamber, over the years have helped tirelessly to create avenues of growth and improvement for businesses to thrive, asserting that they (ICCI) are proud to have made significant strides in achieving its objective. According to Chief Shoderu, the annual Trade Fair event, also known as IKODIV Trade Fair, is one of the many ways the ICCI has demonstrated its commitment to the economic development of the waterbed region in Lagos State. He continued, "This event provides a platform for entrepreneurs and business owners, including macro, small and medium enterprises (MSME) to showcase their products and services, network, and engage in business transactions". "As an organisation, we are convinced that promoting entrepreneurship and providing support to small and medium-sized enterprises (SMEs) is crucial to the economic growth of our Division". "This is why we have made it our mission to provide support and guidance to these businesses so that they can compete favourably on the global stage". "As we embark on this year's edition of the IKODIV Trade Fair, we are excited about the opportunities it presents to businesses in our environs". Wishing everyone a fruitful and memorable experience at the fair, Chief Shoderu concluded his speech by appreciating its sponsors, partners, and exhibitors for their unwavering support towards making the 2nd edition of the IKODIV Trade Fair a success. Conversing briefly on the ICCI and Lasustech synergy, Prof. Olumuyiwa Odunsanya, Vice-Chancellor of Lasustech, expressed his optimism on the trade fair not only promoting the growth of individual businesses but also contribute significantly to the economic development of Ikorodu Division. He affirmed his confidence that with ceaseless support, Ikorodu Chamber of Commerce and Industry will achieve even greater success in the coming years. An ICCI exco member, Prince Seye Adedipe, used the medium to call on the Lagos State Government over the poor condition of the industrial estate in the odogunyan axis of Ikorodu North LCDA. According to Prince Seye, both the Federal and State Government's purported promises is yet to yield. The vast industrial estate is considered the largest in west Africa. Prince Seye mumbled that if businesses must flourish then the industrial estate has to be rejuvenated, which would be an economic growth factor, not only in Ikorodu but all of Lagos State and Nigeria as a whole. Past President, Prof. Emeritus Kunle Ade Wahab, channelled his words of encouragement towards the media practitioners present at the press conference, instructing them to effectively propagate the course and essence of the Trade Fair, reaching out to licensed prospects. He also said that the media can equally play a big role in providing remedies towards challenges faced by the ICCI as underscored by Prince Seye if they carefully give emphasis to the plights and continuously sound the alarm for intervention. "The media should also help us reach out to everyone to visit the Trade Fair and witness, firsthand, the wealth of talent and entrepreneurial spirit that exists in our Division" Prof. Kunle Wahab asserted. Sola Obadimu, Director General of the National Association of Chambers of Commerce, Industry, Mines and Agriculture, who was present at the conference lauded the ICCI for working on strategic means to create more business opportunities for traders. He also thanked Lasustech's administrators for joining heads together with ICCI to make the 2nd edition of the IKODIV Trade Fair a reality, citing that the collaboration is an open door for more futuristic synergies. Lagos NACCIMA exco, Mrs Helen Tabunor Ogedegbe thanked everyone for attending the conference, urging every stakeholder not to relent in their commitment towards making the 2nd edition a success. The conference was anchored by Mr Olarenwaju Kuye, PRO Lasustech. Dr Olumide Metilelu, Deputy Vice-Chancellor of Lasustech, Alhaji Mohammed Ogidi, Mrs Kehinde Adelaja, DG ICCI, Alhaji Mukaila Afolabi, Mrs Adeola Rotinwa, Mr Rotimi Erogbogbo, Chairman, Ikorodu Oga Development Association (IKODASS), Alhaja Zainab Alogba (Coordinator, ICCI NAWORG Ikorodu) and other key personalities were in attendance. The Trade Fair is slated to kick off on the 26th of March and climax on the 2nd of April 2023. Traders partaking in the fair stand to gain a lot as some selected vendors were surprisingly empowered at the maiden edition by Senator Adetokunbo Abiru, while participants were also presented with certificates of attendance at the grand finale.
4 min read

IKODIV TRADE FAIR 2023: ICCI PROMOTES 2ND EDITION OF BUSINESS EXTRAVAGANZA AT LASUSTECH, CALLS FOR MSMEs TO UTILISE VENDOR STANDS ®™√ INN Nigeria ©

24 Mar 2023
BABATUNDE RAJI FASHOLA: WE CAN’T AFFORD TO ELECT PEOPLE WITH NO EXPERIENCE ®™√ INN Nigeria © fb img 1676480835364473980366801081469 Lagos Business Community got a message of reassurance from the Number One citizen of the State on Monday. Governor Babajide Sanwo-Olu reiterated the commitment of his administration to sustain strategic investment in infrastructure to bolster productivity, energise business growth and protect private investments. The Governor had an interactive meeting with the Organised Private Sector at Oriental Hotels, where he spoke of the State’s economic redistribution plans aimed at expanding the Lagos business district to suburbs in the western and eastern parts of the State. The dialogue was part of the strategic stakeholder engagements initiated to keep business leaders and captains of industry in the loop of the comprehensive economic policies of All Progressives Congress (APC) presidential candidate, Asiwaju Bola Ahmed Tinubu, and Sanwo-Olu. Minister for Works and Housing, Mr Babatunde Raji Fashola, SAN, Deputy Governor Obafemi Hamzat, Director-General of Budget Office of the Federation, Mr Ben Akabueze, and Senior Special Assistant to the President on Sustainable Development Goals (SDGs), Princess Adejoke Orelope-Adefulire, joined the Governor at the meeting with members of the State’s business community. Sanwo-Olu said the steady growth rate recorded by the State economy testified to the efficient supervision and accountability process instituted in the management of the public finances. Lagos, the Governor said, had been led by a political philosophy that transformed its GDP from deficit to promising growth, accounting for 30 per cent of the nation’s GDP. Given the size and revenue projection of the State, Sanwo-Olu said the State was willing to raise the level of investment in climate-resilient infrastructure to ensure sustainability and more growth. In promoting rapid economic growth, the Governor said his administration had embarked on improving mobility by injecting funds to deliver an integrated mass transit system. Aside from comprehensive road rehabilitation across the State, Sanwo-Olu said the State Government had also boosted productivity by expanding transport infrastructure, investing in rail and opening waterways. He said: “Our economic blueprint captured in the six-pillar THEMES Agenda has been rolled out and implemented in a manner to fix the immediate needs of our citizens and the business community. In Transportation and Traffic Management, we have intervened in almost a thousand roads across the State and built new roads with a total length of 125 kilometres. We activated ferry services to quickly move people during business hours. We have injected ferries of different capacities, just as we open new jetties. “We have also shored up capacity in public transportation by providing 3,000 vehicles to service our mass transit network and taxi scheme. Lagos is about to have two fully operational rail lines to encourage mass movement. We embarked on all of this to give commuters mobility options, thereby reducing man-hours spent by people in traffic and raising productivity to support business growth. “We have seen the completion of Lekki Deep Sea Port which Lagos is a major facilitator. In the next two months, the logistics infrastructure will be fully operational and this will have a good revenue projection for the State. Our inaction or attempt not to invest in this infrastructure would have a lot of consequences and cost us more in terms of numbers. Now, we are beginning to see a city that is a lot more efficient and this gives an understanding of the role businesses play in the economy.” Sanwo-Olu said the ongoing construction of the Lagos-Badagry Highway was being done strategically to open the west flank of the State to more investment and physical development, adding the economic redistribution plan was being supported by the extension of the Lagos Blue Line to Okokomaiko - a densely populated suburb along Badagry. He said the Federal Government’s granting of approval for the development of the Badagry Sea Port would fully catalyse economic growth and create a new economic zone in the State. The Governor allayed the fear of the business community about skilled manpower shortages, stressing that his administration’s investment in education and technology is already yielding positive outcomes. Sanwo-Olu said upgrading the two State-owned schools to specialised universities would help raise skilled manpower for local businesses and bridge the gap knowledge gapashola said the complex nature of governance in Lagos had thrown up a system that usually produced administrators who are problem solvers, rather than politicians giving excuses. The Minister appealed to members of the business community to be dispassionate in making their choices to back presidential and governorship candidates in the general election, stressing that the sustainability of the governance model in Lagos should remain the paradigm for the nation to adopt. He said: “Voters should be observant because electing people to positions of authority is not about Reality TV shows. It is about real-life problems. The choice we have to make is between the political party which denies the problems and the one that has confronted the problems and trying to solve them.” Akabueze urged private sector stakeholders to take interest in the candidates’ public finance management, noting that the needs of the Government had grown significantly, with few resources available. He said: “Seven years ago, Nigeria's infrastructure stock was about 20 per cent of our GDP. Today, with the level of infrastructure delivery, we have raised the number to 35 out of the 70 per cent required to keep us in good standing. We must double the GDP growth of infrastructure to be able to sustain services to the people. Only serious candidates with experience can do this.” In a panel discussion, Sanwo-Olu had a one-on-one engagement with the participants, where the Governor explained various interventions taken by the State Government to improve security, healthcare and food sustainability. The Governor said: “We can all see the success story of Lagos and we believe we can still do more to keep Lagos on the path of prosperity. The question we need to ask ourselves as we make vital decisions in the coming weeks is, what are the best alternatives we have? Nigeria cannot be on an experimental trajectory. We cannot afford to have people without experience at the highest level of leadership in our country. “We cannot trust people who cannot show us those they have trained when they had the opportunity to lead. We feel extremely passionate and committed to the process that will determine who will run the country. We have been part of a political philosophy where we have learnt and developed. We have the energy and capacity to double what we have right now. As stakeholders, we urge you to see Renewed Hope for Nigeria tied to the rising Greater Lagos and join us to take our country to the level we will be proud of.”
5 min read

BABATUNDE RAJI FASHOLA: WE CAN’T AFFORD TO ELECT PEOPLE WITH NO EXPERIENCE ®™√ INN Nigeria ©

15 Feb 2023
TODAY-IN-HISTORY: LIVING FAITH CHURCH AKA WINNERS CHAPEL WAS ENLISTED INTO THE GUINNESS BOOK OF RECORD ®™√ INN Nigeria © 8897yhjgfcbo8541158703350129709 24th January 2008 - the Faith Tabernacle, Headquarters of the Bishop David Oyedepo-led Living Faith Church Worldwide aka Winners’ Chapel located in Ota, Nigeria was listed by the Guinness World Records as the largest church in terms of capacity in the world with a sitting capacity of 51,400 people and an overflow for 52,000 people. The Tabernacle was a product of a prophecy on 10th April 1982 at a secondary school in Kwara State Nigeria known as ‘Power House’ where it was prophesied that ‘a tent shall be built to sit 50,000 people. This made some of the 70 attendees leave the ‘Power House’. The foundation of the Faith Tabernacle was laid on 29 August 1998 and construction commenced on 18th September 1998. It was completed and dedicated on the 18th of September 1999. Thus, when size is juxtaposed with time, it is said to be the fastest auditorium ever built. However, The Tabernacle wasn't acknowledged by the Guinness World Records until January 2008. Faith Tabernacle took only twelve months to build - and the engineer who designed the Tabernacle was awarded Engineer of the year 1999 in Nigeria. The Faith Tabernacle is acclaimed to have been built entirely debt-free and with only made-in-Nigeria materials. The most outstanding of the Faith Tabernacle's features is that its roof is suspended over the entire structure without a single pillar at its epicentre. The Faith Tabernacle is deemed one of the world's recognisable feats in the field of engineering. It was estimated to have cost about N900 million ($9m) at the time while Eagle Square Abuja with a capacity of 5,000 built at about the same time cost N3.2bn ($32m) which is almost 400% higher. This Guinness World Record was broken by the 55,000-capacity Philippine Arena in 2014 while the record returned to Nigeria in 2018 when Pastor Paul Enenche (a spiritual son of Bishop Oyedepo) led Dunamis International Gospel Centre dedicated the gigantic Glory Dome Headquarters Church of 100,000 seats.
2 min read

TODAY-IN-HISTORY: LIVING FAITH CHURCH AKA WINNERS CHAPEL WAS ENLISTED INTO THE GUINNESS BOOK OF RECORD ®™√ INN Nigeria ©

24 Jan 2023

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SENATOR TOKUNBO ABIRU SALUTES PRESIDENT-ELECT, ASIWAJU BOLA AHMED TINUBU AT 71 ®™√ INN Nigeria © storage emulated 0 pictures comica cartoon16800715129547490913337837615490 The chairman, Senate Committee on Industries and the Senator representing Lagos East Senatorial District, Senator Mukhail Adetokunbo Abiru, FCA, has congratulated the President-Elect of the Federal Republic of Nigeria, His Excellency, Asiwaju Bola Ahmed Tinubu, on his 71st birthday. Senator Abiru, in a congratulatory message signed by him, described the President-Elect as an astute democrat and visionary leader, with an unrivalled capacity for discovering great talents. He said, “On behalf of my family, and the great people of Lagos East Senatorial District, I heartily congratulate our President-Elect of the Federal Republic of Nigeria, His Excellency, Asiwaju Bola Ahmed Tinubu, on his 71st birthday. “Sir, you are a great treasure to humanity. Nigeria is fortunate at this critical point in her history to have a dynamic, great leader like you as the President-Elect. Impeccable track records of excellence and performance in Lagos are a clear testament to your leadership capacity and astuteness in administration and governance. “The transformational government you led in Lagos State between 1999 and 2007, created the platform for a sustained trajectory of growth and development in our dear State. In education, health, waste management and road infrastructure, you performed exceptionally. “Sir, there is no doubt in my mind that Nigeria will experience an impressive transformation under your watch. As an ardent hunter of great talents for public service, I am confident that you will assemble great minds across the land that will deliver on the promises contained in the Renewed Hope social contract we have with the people. “Asiwaju, on this special occasion, I join numerous political proteges, associates, and leaders of our great party, the All Progressives Congress, APC, in wishing you a happy birthday. May Almighty Allah grant you good health as you preside over the affairs of our dear country, Nigeria”.
2 min read

SENATOR TOKUNBO ABIRU SALUTES PRESIDENT-ELECT, ASIWAJU BOLA AHMED TINUBU AT 71 ®™√ INN Nigeria ©

29 Mar 2023
LAMATA: BUS FARES IN LAGOS STATE RETURNS TO 100% ON APRIL 1ST ®™√ INN Nigeria © storage emulated 0 pictures comica cartoon16800705640744147684483959975454 The Lagos Metropolitan Area Transport Authority (LAMATA) has issued a message notifying residents of Lagos that with effect from Saturday, 1st April, bus fares on all regulated buses BRT, Standard and FLM- shall revert to a 100 per cent rate. The notice which was published on social media indicated that the Lagos State Governor, Mr Babajide Olusola Sanwo-Olu, on Lagos Wednesday, 8th February 2023 approved a 50% slash in bus fares following the cash crunch brought about by the recent currency swap. It continued, "Following the Supreme Court and Federal Government's pronouncements on the use of old notes alongside the new notes and the return of stability to the system, the 50% rebate is hereby discontinued". "Consequently, bus fares return to a pre-50% slash rate effective Saturday, 1st April 2023" the statement ends.
1 min read

LAMATA: BUS FARES IN LAGOS STATE RETURNS TO 100% ON APRIL 1ST ®™√ INN Nigeria ©

29 Mar 2023
SANWO-OLU INTERCEDES, AGREES TO PAY ₦5M COMPENSATION TO UBER DRIVER ASSAULTED DURING #ENDSARS ANNIVERSARY ®™√ INN Nigeria © sanwo olu driver 547159360393872535 Lagos State Governor, Mr Babajide Sanwo-Olu has said he’ll be paying the sum of ₦5million awarded by the court as compensation to an Uber driver, Adedotun Clement, who was assaulted during the first anniversary of the EndSARS protest. The Governor who spoke through his Social Media handles said he was going to honour the March 14 judgment of the Lagos division of the high court ordering the state government to pay ₦ 5 million as compensation to Clement. The Governor wrote, “Good evening Lagos, as Governor, I'm committed to upholding the rule of law and protecting citizens' rights with empathy and authority. "I recently became aware of the case involving Mr Clement Adedotun and the judgement by the Federal High Court, and I understand the impact this legal battle has had on him." "After reviewing Mr Clement's case, I've directed the Honorable Attorney General to set up a meeting and pay him the compensation awarded by the Court." “Although the State Government has appealed the ruling, I’ve interceded in this instance in the interest of the public good, and requested that the State’s Attorney General comply with the court’s ruling." “As a strong advocate for the rule of law, I commend all parties for seeking justice through the appropriate channels, and I remain committed to upholding the rights of all Lagosians".
1 min read

SANWO-OLU INTERCEDES, AGREES TO PAY ₦5M COMPENSATION TO UBER DRIVER ASSAULTED DURING #ENDSARS ANNIVERSARY ®™√ INN Nigeria ©

26 Mar 2023
LASG VOWS TO CONTINUE CLAMP DOWN ON MISCREANTS HARASSING MOTORISTS WITHIN THE STATE ®™√ INN Nigeria © fb img 16798554005228159388057465428565 The Lagos State Government has vowed to continue clamp down on miscreants who harass Motorists and truck drivers going about their lawful businesses, through continuous sting operations across the State. The Ministry of Transportation made this known at weekend while parading four suspected hoodlums by the name; Tunji Oyedeji, Allison Ozin, Taiwo Olubodun and Awotunde Ahmed, while carrying out their illegal activities in Amuwo-Odofin area of the State. Recall that the Transport Operations and Compliance Unit of the Ministry in February apprehended a group of miscreants in Igando axis, while extorting a tipper driver on his way to offload sand. Condemning their actions, the Commissioner for Transportation, Dr Frederic Oladeinde stated that the continuous arrest of these miscreants demonstrates the State Government’s resolve to ensure an enabling environment devoid of miscreants’ activities, saying, the Ministry will intensify its sting operations across the State to tame these urchins whose actions hinder economic development. The Transport Commissioner noted that the suspects arrested have been handed over to the Lagos State TASKFORCE for investigation and prosecution, warning others to desist from these illegal activities or be made to face the full wrath of the law in line with the Lagos State Transport Sector Reform Law 2018.
1 min read

LASG VOWS TO CONTINUE CLAMP DOWN ON MISCREANTS HARASSING MOTORISTS WITHIN THE STATE ®™√ INN Nigeria ©

26 Mar 2023
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