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Sanwo-Olu unveils 30-year development plan, signs wealth, civil bills
Sanwo-Olu unveils 30-year development plan, signs wealth, civil bills
Gov. Babajide Sanwo-Olu on Wednesday unveiled a 30-year development plan for Lagos, which will be implemented between 2022 and 2052.
Sanwo-Olu unveiled the plan at the closing ceremony of 9th Edition of Ehingbeti Lagos Economic Summit at Victoria Island.
The governor also signed the Lagos State Wealth Fund (LSWF) bill and the Lagos State Civil Bill, which will be sent to the Lagos State House of Assembly to be passed into law.
Speaking on the Lagos State 30-Year Development Plan, he said that the government would continue to pursue policies that were inclusive and equitable to all, over development plan period.
Sanwo-Olu said the plan was an all-encompassing master plan, which clearly articulated initiatives that would drive Lagos’ ambition to become Africa’s Model Mega City.
He said that the plan was to drive Lagos State as a global, economic and financial hub that was safe, secure, functional and productive.
On the signing of the two bills, Sanwo-Olu said that they were critical and germane to the future development of the state, while enhancing ease of doing business in Lagos.
According to him, the Lagos Wealth Fund Bill signals the beginning of the state sub-sovereign green bond that will create sustainable wealth to government and the people of Lagos.
He said that the fund would allow the state create a wealth reserve that would be instrumental to delivering of infrastructure.
”The fund will prevent Lagos revenue from external shock and make the state the technology and investment hub,” Sanwo-Olu said.
He said that with this, Lagos wealth fund became the first sub-national sovereign wealth fund in Africa and joined Singapore and Canada that had similar wealth fund and had gone on to do great things that.
The governor said that the State Assembly had already been notified that the bill was coming for their accent, as the speedy passage into law would play a critical role in the future of Lagos and its 30-year development plan.
He said that the Lagos State Civil Bill was expected to speedy up the judicial process, to ensure that judgment were discharged on time, hence, fast-tracking civil proceeding.
Sanwo-Olu also said that this would improve the ease of doing business in the state.
Sanwo-Olu unveils 30-year development plan, signs wealth, civil bills
Army, DSS arrest notorious cultist, gunrunner in Cross River, recover weapons
By: Zagazola Makama
Troops of 13 Brigade, in collaboration with the Department of State Services (DSS), have arrested a suspected cultist and gunrunner during a raid operation in Ikom Local Government Area of Cross River State.
Security sources said the operation was carried out at about 1:10 a.m. on April 3 along Effangha Spring Road in Ikom.
The sources disclosed that the suspect, who hails from Khana Local Government Area of Rivers State, was apprehended during the coordinated raid.
According to the sources, troops recovered one revolver pistol, one sword, two laptops, four mobile phones, one digital camera, one wristwatch, three identity cards, and a sack of garri allegedly used to conceal the weapon.
The suspect and recovered items have since been handed over to the DSS for further investigation and possible prosecution.
Security authorities said the operation is part of ongoing efforts to curb cult-related violence and illegal arms circulation in the South-South region.
Army, DSS arrest notorious cultist, gunrunner in Cross River, recover weapons
Gunmen kill village head, wife in Adamawa, son hospitalised
By: Zagazola Makama
Unknown gunmen have killed a village head and his wife in Tunga Waja community, Lamurde Local Government Area of Adamawa State.
Security sources said the incident occurred at about 8:50 p.m. on April 2, when the assailants attacked the residence of the village head and opened fire on him, his wife and their son.
The sources disclosed that the village head died on the spot, while his wife and son sustained gunshot wounds and were evacuated to a medical facility in Tingno for treatment.
According to the sources, the wife later died at the hospital, while the son is currently receiving treatment.
The motive behind the attack remains unclear, while efforts are ongoing to identify and apprehend the perpetrators.
The incident has heightened concerns among residents, as security agencies intensify efforts to restore calm and prevent further attacks in the area.
Gunmen kill village head, wife in Adamawa, son hospitalised
Three soldiers injured in road accident during pursuit of bandits in Kaduna
By: Zagazola Makama
Three soldiers have sustained injuries following a road traffic accident during an encounter with suspected armed bandits in Birnin Gwari Local Government Area of Kaduna State.
Security sources said the incident occurred at about 3:00 p.m. on April 2, when troops of 2 Battalion deployed at Forward Operating Base Dogon Dawa were returning from an administrative patrol.
The sources explained that the troops reportedly sighted a group of armed bandits attempting to block the road at Ngede Allah and engaged them, forcing the criminals to flee.
During the pursuit, however, three soldiers fell off a military gun truck and sustained varying degrees of injuries, including fractures to the hand and leg.
The injured personnel were immediately evacuated to the 44 Nigerian Army Reference Hospital in Kaduna, where they are currently receiving treatment and responding positively.
Security operations in the area have continued as troops maintain pressure on criminal elements within the axis.
Three soldiers injured in road accident during pursuit of bandits in Kaduna
Man O’ War personnel reports abduction of female colleague in Bayelsa
Army, DSS arrest notorious cultist, gunrunner in Cross River, recover weapons
Gunmen kill village head, wife in Adamawa, son hospitalised
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