Category: Economy

Kunle Adelabu The much – awaited second edition of the Ikorodu Division Economic Summit (IDES), is set to hold this year. The summit is themed, ‘Strengthening Local Capacity for Sustainable National Development and Global Competiveness’. The summit is scheduled for the last quarter of this year. In a statement signed by Oke Godwin Olaoluwa, on behalf of the Ikorodu Division Economic Forum (IKODEF), organisers of the IDES, the summit will be staged in conjunction with the Advocacy for Community Economic Development (ACED), Ikorodu Chambers of Commerce and Industry (ICCI), Ikorodu-Oga…

Kunle Adelabu Oke Godwin Olaoluwa, an economist, financial analyst and the co-founder of a research based NGO Advocacy for Economic Development (A-CED), has enjoined government to improve its investment in the Lagos State Employment Trust Fund (LSETF) and provide trainings for Small and Medium Scale Enterprises (SMEs) to help them out of the effects of the COVID – 19 lockdown. The Co-convener of the Ikorodu Division Economic Summit (IDES) also asked the government to relax conditions attached to accessing loan, while also adding that the state government should focus more…

Governor Babajide Sanwo-Olu’s plan to transform Lagos into a smart city received a boost as leading technology companies in China expressed their willingness in partnering the State towards achieving the goal. At separate meetings with the management teams of Ehang and Huawei, Sanwo-Olu assured the tech giants of the readiness of Lagos to take its rightful place in the comity of megacities by providing key technology and infrastructure required. He said: “We are at the stage of building critical infrastructure that will make our city more habitable. We want technology…

Kunle ADELABU Youths in Ikorodu division have been urged to embrace alternative career choices to make them economically empowered and impact on the national and global economies. This was the message of the leadership of Igbogbo Students’ Union (ISU) that organized a career seminar for the youths across the division on Saturday, June 29,2019, at the Olorunfunmi Basorun Hall, Oreyo Grammar School, Igbogbo. The theme of the seminar was “Alternative Career Choice 2019”. According to the organisers, the seminar was aimed at creating a population that believes in being their…

-Deal to focus on transport, power, education, environment, other key sectors The Lagos State Government and the International Finance Corporation (IFC) have sealed a major partnership to enhance provision of infrastructure in key sectors and strengthen the State’s long-term financial sustainability through improved revenue generation strategies.   The State’s Commissioner for Finance, Mr. Akinyemi Ashade, in a statement on Wednesday, said a Memorandum of Understanding (MoU) on the partnership dated January 7, 2019 had already been signed, and expressed optimism that the development would go a long way in helping…

Kunle ADELABU The importance of agriculture to the development and nation-building has once again being brought to the fore by a foremost professor of agriculture in the Faculty of Agriculture, Obafemi Awolowo University, Ile-Ife, Osun State, Prof. Babajide C. Ayodeji Matanmi, Ph.D, FESN, FNIM.   The eloquent and brilliant professor was the guest speaker at the 18th edition of the an annual Memorial Lecture instituted in honour of the former Deputy Vice Chancellor of University of Ife (now Obafemi Awolowo University) and an illustrious son of Ikorodu, late Prof. A.A.…

Lagos State Governor, Mr Akinwunmi Ambode on Wednesday said if Nigeria must develop and have sizable improvement in the nation’s Gross Domestic Product (GDP), people of good conscience and high integrity must be at the drivers’ seat in all spheres of the economy. Speaking at Lagos House in Alausa, Ikeja when he received national leadership of the Full Gospel Business Men’s Fellowship International (Nigeria) on a courtesy visit, Governor Ambode said the country stands to benefit a lot when good business practice is combined with excellent religious conscience, saying such…

The Minister of Power, Works and Housing, Mr Babatunde Fashola, SAN, on Monday stated that the administration of President Muhammadu Buhari has delivered visible results and recorded great achievements in critical sectors   While briefing newsmen on his Third Year Progress Report, Fashola recalled his first briefing on December 8, 2015 titled “Setting the Agenda for Delivering Change” in which he stated what he inherited, what he planned to do, and what the citizenry should expect and submitted that the ministry is on its way to the top   Addressing…