Lagos State Governor, Babajide Sanwo-Olu has called on residents, business owners, and especially retailers to accept the old N500 and N1,000 notes – in line with the Supreme Court judgement which ruled that the currency remains legal tender until December 31, 2023. Sanwo-Olu made the call in a statement through the Commissioner for Information and Strategy, Gbenga Omotoso, yesterday. The ...
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Updated: Details of Sanwo-Olu’s presentation of N1.692 trillion
Lagos Governor Babajide Sanwo-Olu has presented N1.692 trillion as budget estimates for the year 2023 to the House of Assembly. The ‘Budget of Continuity’ comprises revenue of N1.342 billion, and deficit financing of N350,000 billion. This further comprises total Internally Generated Revenue (IGR) of N1.108 billion and federal transfers of N234 billion. The estimate also proposes a recurrent expenditure of ...
Read More »Govermor Sanwo-Olu woos foreign investors to Lagos
Lagos State Governor Babajide Sanwo-Olu, has unveiled his administration’s achievements in the past three years to woo investors to the state. Mr Sanwo-Olu met a group of would-be investors in New York on the sidelines of the 77th session of the United Nations General Assembly at a roundtable organised by the Business Council for International Understanding (BCIU) at Park Lane ...
Read More »Sanwo-Olu honours Fidelity Bank CEO, others
Governor Babajide Sanwo-Olu has recognised the impact of women in the development of Lagos State Fidelity Bank Managing Director, Nneka Onyeali-Ikpe and Managing Director Guaranty Trust Holding Company (GTCo), Miriam Olusanya made the list of those honoured. Others include wife of the Lagos State governor, Dr Ibijoke Sanwo-Olu; Ibukun Awosika; media mogul, Mo Abudu; elder stateswoman, Mrs Kofoworola Bucknor-Akerele; and ...
Read More »Sanwo-Olu seeks private sector support to achieve billions of dollars by 2025
The Lagos State Governor, Babajide Sanwo-Olu, is seeking private sector support to achieve $10 billion from agriculture by 2025. This was the focus of the five-year roadmap to develop the agricultural value chains where Lagos State has competitive and comparative advantages. Addressing reporters during the flag off of the Y2021 Agricultural Value Chains Enterprise Activation Programme in Lagos, Sanwo-Olu said ...
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