• Senators to push special status for Lagos

    Senators to push special status for Lagos

    Four senators have declared support for a special status for Lagos State.

    The senators, Sani Yerima (Zamfara), Sam Anyanwu (Imo), Binta Mary Garba (Adamawa), and Adeola Olamilekan (Lagos) gave their support during a courtesy visit to Lagos State Governor Akinwunmi Ambode yesterday.

    The Senate had on October 5 voted against a bill seeking a special status, whereby one per cent of federally generated revenue is paid as a special grant to Lagos State in view of the former Nigerian capital’s socio-economic significance.

    The […]

  • Ex-envoy Dele-Cole insists Lagos deserves special status

    Ex-envoy Dele-Cole insists Lagos deserves special status

    A former Nigerian Ambassador to Brazil, Dr. Patrick Dele-Cole, on Saturday insisted that Lagos State deserves special status as a state that held the country together for 50 years.

    Dele-Cole made the assertion in Lagos at the 5th Festival Colloquium with the theme: “Lagos 1861: Matters Arising (Reflection on recent Parliamentary debate on prospect of granting Lagos a Special Status).”

    The former envoy urged all and sundry to prevail on the National Assembly to grant the state the special status.

    “We have to […]

  • Blame Obasanjo for Lagos not being granted Special Status, says Akiolu

    Blame Obasanjo for Lagos not being granted Special Status, says Akiolu

    Oba of Lagos, Rilwan Akiolu, has accused former Nigeria’s President, Olusegun Obasanjo, of being the reason behind Lagos not being granted a special status till this moment.

    The National Assembly last week defeated a bill sponsored by Senator Oluremi Tinubu to grant Lagos a special status

    Akiolu, who spoke during the 3rd Town Hall Meeting of Governor Akinwnumi Ambode for Lagos Central Senatorial District, said Obasanjo had the opportunity to have granted Lagos a special status during his eight years tenure, but […]

  • CBN unveils guidelines for granting liquid asset status to Sukuk

    CBN unveils guidelines for granting liquid asset status to Sukuk

    In a related development, in view of the need to foster financial system and economic growth and development, as well as complement the efforts of government at various levels, the Central Bank of Nigeria (CBN) yesterday unveiled the guidelines for granting liquid asset status to Sukuk Instruments issued by state governments.

    The central bank stated in the document listed on its website, that the move was to enhance the diversification of sources of funding for development at the sub-national levels.

    Consequently, members […]

  • Governor Ambode insists Lagos deserves special status, commends Tinubu

    Governor Ambode insists Lagos deserves special status, commends Tinubu

    According to reports, the Lagos State Government has insisted that the state deserves special status in view of its importance to the country.

    The government said this on Thursday, a day after a bill sponsored by the Senator representing Lagos Central, Mrs. Oluremi Tinubu, for the state to be recognised and rewarded with a special status and federal grants was rejected by the Senate.

    It commended Tinubu for sponsoring the bill saying history would remember her kindly “for her thoughtfulness and courage […]

  • Commotion as senators reject ‘special status’ bill for Lagos

    Commotion as senators reject ‘special status’ bill for Lagos

    There was commotion in the Senate, yesterday, over a bill sponsored by Senator Oluremi Tinubu,seeking special status for Lagos State in view of its strategic socio-economic significance to the country.

    Titled “A bill for an act to make provisions for Federal Grants to Lagos State in recognition of its strategic socio-economic significance and other connected purposes”, the bill was read for the second time where her colleagues overwhelmingly voted against it.

    Senators, predominantly drawn from the North, South-east and South-south led the […]

  • Nigeria’s population assuming liability status – CBN

    Nigeria’s population assuming liability status – CBN

    Director of Monetary Policy Department of Central Bank of Nigeria (CBN), Dr. Moses Tule, has warned that a time bomb may be ticking except the federal government takes steps to expand the economic base that will help to stimulate the economy, and create jobs for our teeming youths.

    Nigeria’s current population is put at 185 million and projected to be the third most populous country in the world by 2017 by the United Nations.

    Speaking at the 40th yearly conference of Nigerian […]

  • Dubai-bound Plane forced to make emergency landing in Lagos due to poor health status of a passenger who ingested cocaine

    Dubai-bound Plane forced to make emergency landing in Lagos due to poor health status of a passenger who ingested cocaine

    An Emirates flight EK 262 from Sao Paulo, Brazil to Dubai, United Arab Emirates, made an emergency landing in Lagos due to the deteriorating health condition of a suspected cocaine trafficker who was onboard the plane yesterday May 28th.

    Screening by the NDLEA officials found four passengers positive for drug ingestion who are currently under interrogation. One of the suspects in critical condition was immediately hospitalized as doctors battled to save his life.

    Speaking on the incident, the NDLEA commander at the Murtala […]

  • See what Banky W shared about his current status

    See what Banky W shared about his current status

    The Last Man Standing! Lol. Bankole Wellington shared this photo of his married friends – Tunde Demuren, Ebuka Obi-Uchendu and Olamide Adedeji all sporting their wedding bands and wrote, ‘Last Man Standing? #TSquared2016 #GodWillProvide’

    The Last Man Standing! Lol. Bankole Wellington shared this photo of his married friends – Tunde Demuren, Ebuka Obi-Uchendu and Olamide Adedeji all sporting their wedding bands and wrote, ‘Last Man Standing? #TSquared2016