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$30m Lagos Free Zone gas facility nears completion, set for Q2 2025 launch

BY TEMITOPE ADEBAYO The $30 million natural gas distribution facility at the Lagos Free Zone is nearing completion and is expected to commence operations by the second quarter of 2025, according to Optimera Energy LFZ Enterprise. Optimera Energy, a consortium comprising Falcon Corporation Limited, FHN Gas Limited, and ND Western Midstream Limited, signed a 20-year […]
News

Lagos initiates new Industrial Policy

…Sets agenda for transformative, vibrant, globally competitive industrial ecosystem Lagos State Government has expressed its commitment to fostering a vibrant and sustainable industrial landscape that is sustainable, resilient, innovative, inclusive, and positioned to compete on a global scale’ Lagos State Commissioner for Commerce, Cooperatives, Trade and
Business

Lagos boosts traffic management with 4 new intelligent transportation system

BY TEMITOPE ADEBAYO The Lagos State Government has introduced four additional Intelligent Transportation System (ITS) sites across key locations to enhance road safety and traffic management. The initiative was announced on Thursday by the Commissioner for Transportation, Oluwaseun Osiyemi, during a press briefing at Alausa, Ikeja According to Osiyemi, the expansion aligns
Business

Manufacturers decry Lagos agency’s factory closures over disputed water fees

BY MOTOLANI OSENI The Manufacturers Association of Nigeria (MAN) has criticised the Lagos State Water Regulatory Commission (LASWARCO) for sealing factories over disputed water abstraction fees, describing the action as unjustifiable and detrimental to the manufacturing sector. MAN stated this, in an open message to the governor of Lagos State, Mr. Jide Sanwo-Olu, as all
News

Lagos social protection campaign: Strengthening partnerships, uplifting the vulnerable

With over 90 intervention programmes in 22 socio-functional MDAs, the Lagos State government remains steadfast in empowering the vulnerable. In 2020, the government approved the State’s Social Protection Policy to improve livelihoods, health, education, gender equality, youth employment, and overall human capital development. Several interventions have been
News

Lagos Creates 2024: Participants, stakeholders hail groundbreaking programme

Participants and stakeholders at the inaugural Lagos Creates Content Creation Training Program which concluded on November 26,have commended the organisers for putting together an insightful programme with far-reaching impact.on the creative community. They spoke at the end of the three-day event held at the Federal Palace Hotel, Victoria Island, Lagos. The event featured
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Lagos state Gov’t explains new parking policy

The Lagos State Government has refuted claims making rounds that worshippers will be charged for parking around churches. The government has however stated that the State’s parking policy will affect all motorists who intend to utilize the newly created 1,800 parking slots of the Lagos State Parking Authority (LASPA). In a statement signed by the […]
Entrepreneurship page

Lagos empowers SMEs with N25bn funding initiative for economic growth

By Temitope Adebayo The Lagos State government has disbursed about N25 billion in grants and loans to Small and Medium Enterprises (SMEs) through the Lagos State Employment Trust Fund (LSETF), to enhance productivity and economic growth in the state. The state governor, Babajide Sanwo-Olu disclosed this recently at the 2024 Business Day Newspaper CEO Forum, […]