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Sanwo-Olu’s development agenda for Lagos

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The sprawling megacity of Lagos, with over 20 million residents, is the cultural and economic heart of Nigeria. For over two decades, the state has embarked on audacious infrastructure renewal projects that are capital intensive. The execution of ongoing projects alone, let alone the challenges of urban sustainability in the context of Lagos make governing the state a herculean task. In this article, Deputy Governor Obafemi Hamzat unfolds the agenda of the Babajide Sanwo-Olu administration.

At the outset, the perception of many Lagosians about the Babajide Sanwo-Olu administration was not entirely a positive one. Based on the performance of his predecessors in office since 1999, Lagosians were not convinced that he could step onto their shoes.

Given the mountain of work in all sectors in Lagos somehow Governor Sanwo-Olu’s gentle mien did not fit into the mold of a performer in the eyes of some residents.

But, almost one year after, the ruling All Progressives Congress (APC) in Lagos has once again proved critics wrong.

Since the inception of the administration, Governor Sanwo-Olu has been working quietly in several sectors; to continue from where his immediate processor in office, Akinwinmi Ambode stopped, and also to initiate new policies to up the ante in the development of Lagos.

Deputy Governor Obafemi Hamzat recently unfolded some of the blueprints of the administration, sector by sector, in an interview with the editorial team of the News Agency of Nigeria (NAN).

In the education sector, for instance, Dr. Hamzat said the administration has embarked on a policy reform, which is dubbed ‘Eko Excel’, the state is re-engineering its teaching methods and also adopting a holistic approach to tackling challenges in the sector, to bring out the best in the pupils.

He said: “We started with 300 schools. What that means is that all the primary school teachers will have a tablet that allows them to concentrate on teaching so that they do not need to do all the teachers note that needs to be done and schedule of work.

We have trained them in knowing the essence of teaching. Just changing the essence of teaching and even how they talk to the children/address them. Even if a child does something wrong, there are ways of correcting them.

“Around the world, the focus has always been on the provision of equipment for the classrooms and to have a great classroom for learning but those things don’t teach children as it does not mean the children will come out well. You might have a great classroom but it does not make anything.

So over time, what the state government has done is to focus on the teachers as they are the common denominators. It means we must concentrate on the teachers. They are the common denominator.

“After six years the children will go but the teachers remain over and over again. So we realise that the best thing to do is to concentrate on the teachers, their welfare, skills, their training and the way they approach it. That is what Eko Excel is doing.”

The deputy governor said it is too early to assess the impact of the scheme. He added: “In two to three years’ time, we would see how the teaching method has changed. We would see how it has affected the culture of our education, the children and everything.

We would also be able to gather information better through the equipment that will help us to geo-reference. So, we can know, for instance, in class 4A in Agidingbi Primary School, 20 students came to class or 21 children came at 9 am. – so why are they coming to school late? Is it that they are living far from school?

“All this information will help us to plan well. Also, it has helped us in monitoring the time the teachers resume work.

Also, if a teacher is coming late to school, why is it so? For example, a teacher teaching in Ikorodu and living in Oworonshoki, so why can’t we just move the teacher to around the place he or she lives for convenience and good delivery on the job.

“We are also finding out that some schools have only seven children while in some schools they have up to 60. So it tells us that in some cases, maybe we are building in the wrong places.

So, maybe we need to build more classes in such areas because, in some local governments, the number of children in school is extremely small compared to some others.”

Another component of Eko Excel, the deputy governor said, would address malnutrition among school children. He said primary education is the foundation of development and that it is important to fix it.

He said studies show that 52 per cent of children under five years of age in the northern part of the country are malnourished. He said in the south the percentage is about 20.

Hamzat said while it is necessary to build roads, provide amenities and other things that it is equally important to take care of the younger population by addressing malnutrition among children between the ages of zero to five because, as doctors have told us, this is the time the brain develops.

He said: “So we have a committee on nutrition and also a department on nutrition but what is surprising is that study shows that it is not the children of the poor that are mostly malnourished. The children of the rich and middle class can actually be malnourished as well if they are not eating right because as children they like to eat anything.

“If we can reduce that number, it would be a fantastic achievement even though it is not something that people like to talk about but the impact will be good because we would now build children that are healthy and intelligent thereby the future of our country will be secured.”

On the health, he said the Lagos State Government has increased the budget to the sector by almost 70 per cent and are planning to build new hospitals across the state.

He said: “We want to make sure that every part of Lagos is covered in terms of healthcare delivery services. For instance, we are planning to build a General Hospital in Ojo; that axis doesn’t seem to have any at the moment. We are also planning to build a spinal injury hospital somewhere in Gbagada.

We are also getting people to help us design as we have been made to understand that a lot of our General Hospitals needs to be redesigned.

“For example, you go to UCH, Ibadan at night without air conditioner (AC) you feel cold because of the architectural design. It is designed so that air can pass through… that is cross ventilation. We have gotten people that design hospitals for the tropics.”

Hamzat said the government is not just interested in building new structures, but building ones that are easier to maintain and allows for ventilation.

He added: “Part of the challenge in most hospitals is that you go for the treatment of one ailment and later get infected with another thing.

So these are the questions we asked our medical team. We are not medical doctors but we know these things happen. So, we are redesigning our hospitals.”

On the hardship imposed on residents by the ban on commercial motorcycle and tricycle operators, otherwise known as Okada and Keke by the government, Dr. Hamzat said the underlying motive behind the policy is to reduce accidents on the roads and thereby preserve the lives of Lagosians.

He said: “The most important thing for us is that people must be alive before they can do anything. When life is lost, then there is really nothing else. It’s the dead end.

So for us what is important is how do we secure this society? There are details and information that the government sometimes has that you can’t even share with citizens because they won’t be able to sleep if you divulge such information.”

The deputy governor said critics of the policy have been insisting that alternatives ought to have been put in place before the ban came into effect.

He said: “But, I disagree because it will have been too late if we delayed further; if we failed to secure the lives of our children we will be very irresponsible. That is why it was restricted in certain areas where we saw the upsurge.”

On the menace of members of the National Union of Road Transport Workers (NURTW) on Lagos roads, the deputy governor said the challenge is that it is a national union recognised by law.

He said like the Association of Academic Union of Universities (ASUU), there are many things that members of the union do that the state government does not support, “but as a union recognised by law in our country, we will keep engaging them in dialogue.”

He said: “Whether we like it or not, they have some roles that they play in the transportation sector because you know what, the transportation sector is not something that private people go into without subsidy from government all over the world.

But they are doing it without such assistance, so we must find a way to make it better for them and for us as a people. The engagement must continue for us to have a peaceful society.”

The deputy governor spoke extensively on the traffic gridlock in Lagos, attributing it, for the most part, to the breakdown of vehicles, which impede the free flow of traffic.

The Lagos number two citizen also attributed the traffic gridlock to ongoing road constructions in various parts of the city. He said: “For instance, at Ojota, we are replacing the whole stretch of Ikorodu Road with concrete. At Apapa-Oshodi Expressway, we are also doing concrete.

The problem is that on that corridor, we are doing 300 metres every day but it takes 14 days to execute it properly.

So, because it takes 14 days, no vehicle can pass within those number days. It means that for a long time, that corridor would continue to experience traffic while the project is ongoing. a challenge about there.

“In fact, it is one of the reasons that we are talking to the company that maybe we should use reinforced bitumen rather than concrete, particularly as the construction work approaches Oworonshoki.”

Alaka, he added, is also experiencing a similar traffic gridlock because of the expansion project also ongoing there, it is a problem.

Because a lot of these things are happening, there will be (gridlock). “But, I think it is better to do it once and in another six or seven months, everybody will be okay,” he added.

Hamzat said the administration is taking advantage of the body of water that surrounds Lagos, by developing water transport. He said 14 boats were recently purchased and are being used to convey people in a most comfortable way.

He urged many residents along the coastal line to take advantage of the waterways to get to their destinations, and thereby reduce pressure on the roads.

His words: “We need the water not just to farm but also for transportation. The Lagos State Government just procured those 14 new boats. The beauty of it is that all those boats were built in Nigeria. Of course, we brought the engine, but we have been able to build that capacity to build boats.”

Hamzat said Lagos deserves a special status because of the nature of the responsibilities it is shouldering within the Nigerian federation. He said the state is pursuing it through a bill on the floor of the Senate initiated by Senator Oluremi Tinubu.

He said: “We are pushing it; maybe we are going about it in a different way. It might not be in the newspapers. It is by talking to everybody that is involved in the process. It is really going on but in a different way. If something is not working in a particular way, you try another approach.”

On the perceived heavy borrowing in Lagos and the debt profile, he said there is no way the government can meet up with the huge infrastructural deficit without borrowing. He said:  “There is a musician in Epe in the 1970s; he is dead now.

His name is Ligali Mukaiva; he was not educated, but he said something profound that has stuck to my memory since. I was in primary school then.

The man sang a song that any businessman that doesn’t use other people’s money will not succeed. So, the reality is, where do you get resources to build for today?

“I remember during Asiwaju Tinubu’s government when they took a bond of 15 billion. The opposition said Oh; he has mortgaged the lives of the young people.

That loan has been paid. During BRF government, we took 375 billion bonds, that bond has been paid. Without that, we cannot build the Lekki Link Bridge.”

He said Lagos gets only N8 billion or N9 billion monthly from federal allocation. “By the time you pay salaries, you only have N1 billion left. What can you do with N1 billion? So, the reality is, how do you source the find for infrastructural development?” he said.

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

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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.

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

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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.

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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.

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

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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.

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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.

 

 

 

 

 

 

 

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