Connect with us

news

Sanwo-Olu: Delivering on THEMES developmental agenda

Published

on

It is over two years that a successful banker and seasoned administrator, Mr. Babajide Sanwo-Olu took over mantle of leadership as the 15th Governor of Lagos State. Sanwo-Olu, who was once a three-time commissioner and Managing Director/CEO of the Lagos State Development and Property Corporation (LSDPC), took the oath of office along with his deputy, Dr. Obafemi Hamzat on May 29, 2019.

Governor Sanwo-Olu, in his inauguration speech, spoke passionately on his plans for Lagos State, especially his dream of a ‘Greater Lagos,’ anchored by a six-pillar THEMES developmental agenda.

Governor Sanwo-Olu is passionate about Lagos and his vision for the Centre of Excellence has made him to deliver good governance and dividends of democracy to millions of Lagosians within his 834 days in office. With massive support and cooperation from his deputy, Dr. Hamzat and other members of the State Executive Council as well as major stakeholders in Lagos State, Governor Sanwo-Olu has taken Lagos to a greater height.

Governor Sanwo-Olu has shown leadership in managing the affairs of Lagos State and protecting the citizens of the state, especially during the COVID-19 pandemic. Since Lagos became the epicenter of the pandemic in Nigeria in February 2020, the governor has been up to the task assuming the position of Incident Commander and ensuring that the pandemic is well managed in Lagos State and today, Nigerians have a relief from the deadly virus as infections rate has reduced drastically going by daily account of the Nigeria Centre for Disease Control (NCDC).

Apart from COVID-19 pandemic, Lagos was also hit last year by massive destruction of properties worth billions of naira destroyed during last year’s #EndSARS protests hijacked by hoodlums. Despite these challenges, Governor Sanwo-Olu took the bull by the horn to put Lagos on the path of success through the Lagos Rebuild initiative.

Governor Sanwo-Olu, who seems to be very conscious of the number of days and years he is constitutionally allowed to spend in office as a democratically elected Chief Executive of the Centre of Excellence, believes that his mid-term in office must be marked with visible and iconic projects that will cut across all the sectors itemised in the THEMES’ developmental agenda, despite the negative impact of the global COVID-19 pandemic and the #EndSARS protest that almost grounded Lagos as a results of hoodlums hijacking peaceful agitations by Nigerian youths.

Speaking at the “2021 State of the State Address” held at the Lagos House, Ikeja on Thursday May 27 in commemoration of his second year in office, which was attended by his deputy, Dr. Obafemi Hamzat, members of his cabinet, traditional rulers, political gladiators, captains of industries and media executives, among others, Governor Sanwo-Olu said the Greater Lagos collectively envisioned by Lagosians is closer now than ever before.

Traffic Management and Transportation

The Babajide Sanwo-Olu administration has developed a reliable intermodal system of transportation by investing heavily in waterways and light rail transportation system as well as road transportation to make life easy for Lagosians.

The State Government has reduced traffic congestion in different parts of Lagos by resolving key gridlock points, maintenance of road infrastructures, decongestion of traffic by connecting more communities with new link roads and bridges, provision of intelligent transport systems to optimise the transport network and completion of ongoing strategic transport projects in rail, water and road. The administration has developed Lagos Bus Reform Initiative, which is designed to provide comfortable and reliable bus service for commuters. Governor Sanwo-Olu, few months ago commissioned 500 First and Last Mile Buses to ease transportation system in Lagos. The incumbent administration also has a success story in the water transportation.

In works and infrastructure, the Babajide Sanwo-Olu administration within two years delivered 51 iconic projects in Lagos State. Among the iconic projects are Pen-Cinema fly over, ramp and road networks at Lagos-Ogun boundary and other parts of the State. The administration also constructed and rehabilitated 301 inner roads in the 20 Local Government Areas and 37 Local Council Development Areas (LCDAs). It also commissioned the Oshodi-Abule Egba BRT lane and rolled out hundreds of buses plying different routes in Lagos State.

Health and Environment

Babajide Sanwo-Olu’s administration has also made significant impact in touching the lives of millions of Lagosians in the areas of health and environment, which is the second pillar of the THEMES developmental agenda. The incumbent government in the last two years, believes that nothing should be spared to give Lagosians quality health care. It has made a lot of intervention in the health sector for Lagos residents to feel the presence of the government, especially during the COVID-19 pandemic.

The proactive and efficient management of the COVID-19 pandemic by Lagos State Government has been adjudged as the most significant achievement of the Health and Environment pillar of the THEMES development agenda. 

The State has also witnessed improved capacity and capability in area of infrastructure and personnel. Aside from the comprehensive renovation of medical facilities at Ebute-Metta Health Centre, Harvey Road Health Centre, General Hospitals at Odan, Isolo and Ketu-Ejinrin, the State has also developed new facilities, such as the New Massey Children Hospital, New General Hospital in Ojo, and a Rehabilitation and Mental Health facility in Ketu Ejinrin.

The State Government is also building a 300-bed Isolation Centre and a Research Institute at IDH, Yaba. The administration recently commissioned three Oxygen Plants and new Doctors’ Quarters built at Gbagada and Isolo. The administration has also improved maternal and child health care in Lagos State, with the inauguration of the Mother and Child Centres (MCCs) in Eti-Osa, Igando, Badagry and Epe.

In the Environment, the Babajide Sanwo-Olu administration within two years in office has invested significantly in the waste collection capacity of LAWMA. It has also increased the capacity of PSP operators from 320 compactor-trips to 720 compactor-trips daily, and commissioned a mini-effluent treatment plant to determine waste toxicity before release into the atmosphere. The administration has also made significant improvement in Drainage management and maintenance.

Education and Technology

Education and Technology is the third pillar in the THEMES Agenda of the Babajide Sanwo-Olu administration and since his assumption in office on May 29, 2019, Governor Sanwo-Olu has never paid lip service to education in the State.

The incumbent administration has completed more than 1,097 school projects in just two years. It built six Secondary Schools, provided over 100,000 tables and chairs, built 450 classrooms and provided 2,000 hostel beds in model schools. It also introduced EKO EXCEL – an education reform programme targeted at developing highly skilled teachers through training, support and motivation. The EKO EXCEL initiative has reached about 1,009 schools, 13,000 teachers and 450,000 pupils.

Since the inception of the administration, over 2,000 teachers have been recruited for public secondary schools. It has also stretched the opportunity for continuous learning with the establishment of additional 21 Adult Literacy Centres, which took the number of such centres in Lagos State to 1,284.

It is also worthy of note that the global ranking of Lagos State University (LASU), the state-owned tertiary institution has gone up. It is a reflection of the level and quality of support provided to tertiary institutions in Lagos State by the incumbent administration. LASU moved to prominence, and occupies a regal position in the hierarchy of universities in Nigeria. Like LASU, other Lagos State-owned institutions have received both ample materials and financial support that have adequately strengthened their operations and boosted their competitiveness internationally. The administration has also concluded plans to upgrade Lagos State Polytechnic (LASPOTECH) and Lagos State College of Education (LACOED) to Universities.

As a State that caters for its students, Lagos State Government paid a total sum of N218, 795,000 million as bursary awards to 6,411 students of the state’s origin in various higher institutions of learning to support their education. The government also provided sum of N217, 732,955.44 million as scholarship awards to a total number of 981 beneficiaries.

The popular narrative that teachers’ rewards are in heaven is changing gradually with Lagos State Governor, Mr. Babajide Sanwo-Olu, as he preaches that teachers’ reward should no longer be in heaven but on earth. He believes that teachers should reap the reward of their labour while on earth and not after death. This new belief made Governor Sanwo-Olu present handsome rewards to teachers adjudged to have made quality impacts in Lagos State’s teaching service. Setting new records of reward for teachers in the State, Governor Sanwo-Olu few months ago presented three-bedroom and two-bedroom flats to two teachers and also rewarded 13 teachers and school administrators with a brand new cars each at the Year 2020 Teachers’ Merit Award organised by the Ministry of Education for making quality impacts in the State’s teaching service.

Lagos State Government under Governor Babajide Sanwo-Olu is standing up to the call to implant technology at the heart of everything in Lagos. The vision of becoming #DigitalLagos or a smart city of relevance, has started to crystallise with the laying of 3,000km fibre across the State. The administration has covered 1,800km, which has provided connection to 100 schools and 12 hospitals.

Riding on the Fibre infrastructure is the Smart City Project, which will enhance traffic management and security, with the planned installation of about 2,000 cameras at strategic locations. The test-run has begun, with the installation of about 150 smart cameras on the streets.

As part of the measures put in place for formal and informal education, the Ministry of Women Affairs and Poverty Alleviation through the Women Affairs Department organised a series of programmes and activities aimed at improving the status of Women in Lagos State and making them economically independent. The Lagos State Employment Trust Fund (LSETF) has also provided financial support to residents of Lagos State for jobs, wealth creation and employment. It has promoted entrepreneurship by improving access to finance, strengthening the institutional capacity of MSMEs and formulating policies designed to improve the business environment in Lagos State. So far, the initiative has supported over 14,646 small businesses in Lagos State and created more than 123,720 jobs, especially for young persons in the State.

Making Lagos a 21st century economy

The fourth pillar of the THEMES developmental agenda is Making Lagos a 21st century economy. To achieve this, the incumbent government has recorded a milestone in infrastructural development in various parts of the State, amongst which is heavy investments by public and private sectors at the Lekki Free zones. Lagos State Government has also provided business-friendly environment and ease of doing business for many investors to set up business empires in the Centre of Excellence.

The Babajide Sanwo-Olu administration has also made significant progress in the area of housing by increasing access to home ownership with emphasis on first-time home owners and enhancing the rent-to-own policy; maintaining existing and newly commissioned housing schemes through facility managers to prevent dilapidation of estates and renewal of dilapidated estates.

Within two years in office, Lagos State Government through the Ministry of Housing has completed and commissioned 492 homes unit at Alhaji Lateef Kayode Jakande Gardens in Igando, 360 homes at Prince Abiodun Ogunleye Estate in Igbogbo and 124 home units at Lekki Phase 1. The Ministry of Housing through Joint Ventures agreements has provided 252 two bedroom Bungalows at Lagos State Affordable Public Housing Scheme Idale, Badagry; 124 homes at LagosHOMS Lekki Phase II and 132 homes at Babatunde Raji Fashola Estate at Iponri.

Lagos State Government through the LSDPC provided six units of two bedroom flats in Olutunda Ilupeju, 120 home units at Courtland Villas at Igbokushu, Eti-Osa and Bayview Estate Ikate-Elegushi with 100 units (32 units three-bedroom flats and 68 units 4 bedroom Terraces with Maid’s room) and Sunnyville Apartments located in Nob Oluwa, Ogba (32 units of 2 bedroom flats).

It is noteworthy that the Babajide Sanwo-Olu’s administration strengthened its policy of delivering homes to Lagosians through the existing Rent-To-Own Mortgage System. Under this arrangement, individuals are required to pay only five per cent of the cost of the housing unit as the commitment fee and the balance spread over a period of 10 years with minimum interest obtainable under the scheme.

The Sanwo-Olu administration has done so much in the area of agriculture and food security. Lagos has developed and commenced implementation of a five-year Agricultural and Food Security Road Map. The full implementation of the strategy will enable the state to achieve 40 per cent sufficiency in food production by 2025.

With initiatives such as the Agro Processing, Productivity Enhancement and Livelihood Improvement Support (APPEALS) Project amongst others, which were designed to empower, train and build capacity development of the youth and women, especially in selected key value chains such as fisheries, poultry, rice, aquaculture and horticulture, the State Government has trained and empowered thousands of farmers in the State.

The State Government under Governor Babajide Sanwo-Olu unveiled a five-year Agricultural Road Map  between year 2021 to 2025. This road map will enable the State Government actualise her dreams of food security within the stipulated time frame.

The long awaited 32 metric tonnes per hour Imota rice mill, one of the largest in sub-Sahara Africa is at over 85 per cent completion stage. When completed it will provide over 250 thousand direct and indirect jobs across different value chains.

Entertainment and Tourism

Among the numerous transformational initiatives deployed to strengthen the socio-economic positioning of Lagos State globally, the energy of the city, fuelled by a thriving entertainment industry is unmistakable. And this is why Governor Babajide Sanwo-Olu has made huge investment in Entertainment and Tourism, the fifth pillar of the developmental agenda.

Aside from landmark facilities and initiatives like the J.K Randle Centre for Yoruba history, Glover Memorial Hall, Lagos Theatre in Badagry, Badagry Museum and major Tourist attractions in Badagry, the incumbent administration is also working with the Federal Government to rehabilitate the National Arts Theatre Iganmu into a world class entertainment, fashion, music, technology and cultural hub as a deliberate and purposeful mission to boost the tourism appeal of Lagos State.

The Babajide Sanwo-Olu administration’s empowerment drive through partnerships with the Ebony Life Academy and Del York Creative Academy, is yielding positive result with no fewer than 2,000 youths receiving training in different aspects of cinematography; such as Scriptwriting, Directing and others. This is aimed at unlocking the huge talent and potential in the creative arts space.

The administration has also launched the Lagos Creative Initiative (LACI) for focused development of the creative industry, which has birthed the 100-hecterLagos Film City in Ejinrin. Besides, it has given financial support in excess of N1billion to operators to cushion the effect of COVID-19 on the industry.

Security and Governance

In line with the Governor Babajide Sanwo-Olu’s THEMES Agenda, the administration has worked tirelessly to ensure that Lagos is safe and secure for the residents of the State and investors. As at today, security agencies in Lagos State can boast of modern day armoury. On Thursday, June 10, President Muhammadu Buhari joined Governor Sanwo-Olu to officially handover patrol vehicles and various security equipment to security agencies in Lagos State. The equipment were; 150 Double Cabin Vehicles, 30 Saloon Patrol Vehicles, 1,000 Ballistic Vests, 1,000 Ballistic Helmets, 1,000 Handheld Police Radios/Walkie Talkies, 100 Security Patrol Bikes, two Armored Personnel Carriers (APCs), four High Capacity Troop Carriers, two Anti-Riot Water Cannon Vehicles and  Office/Command Furniture and other Ancillary Support Resources.

Lagos State Civil Service, which has many ministries, departments and agencies are role models to many states in Nigeria as a result of several developmental strides of the Babajide Sanwo-Olu administration.

Despite delivering on his campaign promises, Governor Sanwo-Olu is not looking back as he is marching on towards the attainment of the “Greater Lagos” dream.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

news

Update :FG Unveils Additional 10 Steps to Reduce Impact of Rising Fuel Prices

Published

on

Ok

The Federal Government has announced ten new measures to reduce the pain Nigerians feel from high fuel prices. It insists, however, that none of them brings back the old fuel subsidy for everyone.

The measures were presented by the Federal Ministry of Finance at a press briefing on Thursday, 8 October 2026, titled “Fuel Prices and the Subsidy Question.” The government admitted its earlier steps fell short. According to the presentation, “These measures do not fully relieve the pressure households feel today, so the government is going further.”

The government described the new package as “Help that is targeted, temporary and affordable.” In plain terms, the help is meant for those who need it most, will not last forever, and is designed so that the country can pay for it.

Cheaper petrol and more cash support

The first measure is a discount on petrol sold at NNPC filling stations. The discount will last for the next 30 days, and public transporters, such as commercial bus and taxi operators, will get priority. The government hopes this will help keep transport fares from rising further.

The government also plans to increase cash transfers to vulnerable households. Small businesses will get cheaper loans, known as subsidised credit, to help them cope with higher running costs.

Steps to keep pump prices steady

To protect Nigerians from sudden jumps in world oil prices, the government will sell crude oil in advance to local refineries. This is expected as oil production rises and crude previously committed to other purposes becomes available. The presentation says this will shield “pump prices from global swings.” ShopAfrican Art

The government will also introduce what it calls price modulation. Under this plan, a negotiated limit of ₦1,350 per litre will apply to the ex-gantry price (the price at the depot) or the landing cost (the cost of bringing the fuel into the country). The limit will be reviewed every month, so it can change as conditions change.

A National Strategic Fuel Reserve will also be set up. Fuel from the reserve will be released “under published rules when disruption or hoarding threatens supply.” This means the government can step in when fuel becomes scarce or when marketers hold back products to push up prices.

Lowering the cost of transport and doing business

The government says part of what Nigerians pay for transport comes from illegal charges on the roads. It will work with state governments under the 2025 tax laws to rein in road taxes that push up fares.

It will also speed up the rollout of compressed natural gas (CNG) as a cheaper alternative to petrol, again working with the states. Transporters who benefit from cheaper fuel are expected to “pass savings on in lower fares” to passengers.

Other steps target the cost of goods and services more broadly. The government will cut regulatory costs, described as red tape, that “feed into the price of goods and services.” It will also ease traffic in cities to save fuel, and it will use NIPOST address codes to reduce the cost of moving goods from one place to another.

One measure has not yet been decided. The government is considering an excess profit tax on operators it says exploit consumers. If it goes ahead, the money raised will fund transport support and vouchers for low-income earners.

No return to blanket subsidy

The ministry ended the presentation with a clear message, “None of these measures restores a blanket subsidy.” The government is therefore not returning to the old system, where fuel was sold cheaply to everyone. It says its new approach will reach “the people who need help without putting the wider economy at risk.”

The announcement comes as many households as possible, and businesses struggle with the high cost of transport, food, and other goods linked to fuel prices. How much relief Nigerians feel will depend on how quickly and effectively these measures are carried out, and whether transporters and marketers pass the benefits on to consumers.

Continue Reading

news

Nigeria Emerges as Africa’s Biggest Climber in Investment Risk Ranking on Back of Tinubu’s Economic Reforms

Published

on

Nigeria has emerged as the biggest climber in Africa’s latest investment risk ranking, rising four places to eighth position as economic reforms implemented by President Bola Tinubu improved the country’s relative attractiveness to investors, a new report by Bloomberg has stated.

Nigeria overtook Rwanda, Tanzania, Kenya and Namibia in the 2026 Bloomberg Economics Investment Risk-O-Meter, which assesses the relative investability of 19 African economies.

Bloomberg, in the report released on Monday, said Nigeria’s improvement was driven by stronger performance in three of the five indicators used in the assessment: economic strength, fiscal strength and external vulnerability.

“Nigeria was the biggest climber in a ranking of Africa’s most investable markets, propelled by President Bola Tinubu’s economic reforms, according to the findings of the latest edition of An Investor’s Guide to Africa.

“The continent’s biggest oil producer and refiner rose four places to eighth in the 2026 Bloomberg Economics Investment Risk-O-Meter, overtaking Rwanda, Tanzania, Kenya and Namibia as it improved in three of the five metrics assessed by the gauge: economic strength, fiscal strength and external vulnerability,” Bloomberg reported.

The development puts Nigeria among the biggest gainers on the continent, despite ongoing concerns about the country’s high public debt, cost of living, inflation, infrastructure deficit and foreign exchange pressures.

Mauritius emerged as the most investable African market in the latest ranking, while Botswana fell two places. South Africa, which topped the ranking in the previous edition, also dropped one place following a weaker economic growth outlook.

Nigeria’s improved position comes more than three years after Tinubu assumed office and embarked on a series of major economic reforms aimed at restructuring the country’s fiscal and monetary environment.

Add to Preferred Sources
Among the most significant measures were the removal of the petrol subsidy, reforms to the foreign exchange market and changes to electricity tariffs.

The Federal Government has repeatedly defended the reforms as necessary to address distortions that had weighed on public finances, discouraged investment and placed pressure on foreign exchange reserves.

However, the policies have also increased economic hardship for households and businesses, particularly through higher transport, food and energy costs. Despite the adjustment pains, Nigeria’s economy has continued to expand during the period under review.

Real Gross Domestic Product growth rose from 2.54 per cent in the third quarter of 2023 to 3.46 per cent in the fourth quarter of that year.

The economy subsequently grew by an average of 3.19 per cent in 2024 before accelerating to 3.85 per cent in 2025, its strongest annual performance within the period covered by the assessment.

Growth stood at 3.89 per cent in the first quarter of 2026, bringing the average quarterly growth between the third quarter of 2023 and the first quarter of 2026 to about 3.46 per cent.

The stronger growth performance has come alongside efforts by the government to increase revenue, reduce fiscal leakages and attract investment into critical sectors of the economy.

Nigeria’s improved position in the Bloomberg ranking, however, comes against the backdrop of a substantial increase in public debt.

Data from the Debt Management Office showed that Nigeria’s total public debt stood at N87.38tn as of June 30, 2023, shortly after Tinubu took office. By December 31, 2025, the figure had risen to N159.28tn. This represents an increase of N71.90tn, or about 82.3 per cent, in two and a half years.

The increase was driven by new borrowing, foreign exchange adjustments and the securitisation of certain legacy obligations, according to the DMO.

The development is significant for a country that has struggled for years to attract sufficient foreign capital because of concerns over exchange-rate instability, policy uncertainty, weak infrastructure, insecurity and limited fiscal space.

The reforms under the Tinubu administration have sought to address some of these constraints by allowing market forces a greater role in determining fuel prices, foreign exchange rates and electricity tariffs.

The foreign exchange reforms, in particular, were designed to reduce multiple exchange rates and improve transparency in the currency market, while the removal of the petrol subsidy was intended to reduce the government’s fiscal burden.

The electricity tariff reforms were also aimed at improving the financial viability of the power sector and encouraging investment by allowing electricity prices for some customer categories to better reflect supply costs.

Nigeria’s rise in the Bloomberg ranking therefore marks an improvement in its relative position among African investment destinations, even as investors continue to monitor the sustainability of its reforms, debt burden and economic growth.

Continue Reading

news

Update : Tinubu Expected Back in Abuja Today After Six-Day Stay in Lagos

Published

on

 

President Bola Ahmed Tinubu is expected back in Abuja this evening after concluding a six-day stay in Lagos, the Presidency announced on Monday.

The President will depart Lagos for the Federal Capital Territory after a visit during which he participated in activities marking Nigeria’s 66th Independence Day anniversary and held other engagements. SahelSecurity Report

Tinubu arrived in Lagos on Tuesday, September 29, following his annual holiday in London and Paris.

While in Lagos, the President addressed Nigerians on October 1 to mark the country’s 66th Independence Day anniversary.

Later that day, he attended the national premiere of MKO, a documentary chronicling the life, political struggle, and legacy of the late Chief Moshood Kashimawo Olawale Abiola, as well as the historic June 12 pro-democracy struggle.

Powered by VidCrunch
The premiere was held at the Wole Soyinka Centre for Culture and Creative Arts in Lagos.

Special Adviser to the President on Information and Strategy, Bayo Onanuga, confirmed the President’s return to Abuja in a State House statement issued on Monday.

“President Bola Ahmed Tinubu will depart Lagos for Abuja this evening after his six-day visit to the former seat of government,” Onanuga said.

 

 

 

 

 

 

 

Continue Reading

Trending

Copyright © 2025 Newsthumb Magazine | All rights reserved