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Otedola donates N1bn to Lagos Security Trust Fund

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Renowned philanthropist and entrepreneur, Mr. Femi Otedola has donated the sum of one billion naira to support the security architecture in Lagos through the Lagos State Security Trust Fund (LSSTF).

Lagos State Governor, Mr Babajide Sanwo-Olu received the donation from Otedola in the company of the Chairman, LSSTF, Mr. Kehinde Durosinmi-Etti; Executive Secretary/CEO of LSSTF, Dr. Abdurrazak Balogun and other state officials and LSSTF Board of Directors, during a symbolic event at the Lagos House, Marina.

Femi Otedola, the Chairman of Geregu Power PLC and son of the Third Republic Governor of Lagos State, the late Sir Michael Otedola, was represented at the event by his daughter, Olawunmi Otedola.

Speaking at the event, Governor Sanwo-Olu said the N1 billion donation, which was the largest individual donation into the Lagos State Security Trust Fund, would go a long way in creating a more peaceful atmosphere and conducive business environment for economic benefits for investors and residents.

Governor Sanwo-Olu while commending Otedola for the donation which he noted will boost the morale of security personnel and provide more security equipment and vehicles, urged other well-meaning Lagosians to borrow a leaf from the renowned philanthropist and be intentional in joining the government to make Lagos a safer place for businesses to flourish as the commercial nerve center of Nigeria.

He said, “On behalf of the Fund, the board chairman, Mr. Kehinde Durosinmi-Etti; Executive Secretary/CEO, Dr. Abdurrazak Balogun and other board members, we express our deep appreciation to Mr. Femi Otedola. I want other Nigerians to emulate him and even exceed his donation. The N1 billion he has donated is not the limit. There are no limits, let others come and do more.

“We call other well-meaning Lagosians and large corporate businesses to support the Lagos State Security Trust Fund. The Fund is open to other donors and it is a call and challenge which Mr. Otedola has set the pace for us to continue to do the right thing. We as a government have also committed to supporting the Fund with 300 vehicles in the first quarter of this year and we are working to realise that.

“We want to be very intentional about this that we will not spare anything to ensure that we can continue to keep Lagos safe, encourage the men that do the job and continue to make Lagos the economic nerve centre of our country.

“We thank your dad (Femi Otedola) and send our best wishes to him. Where this has come from a lot more would come and his businesses will flourish. He should also encourage his friends to emulate him by donating to the Fund.”

Speaking on behalf of her father, Olawunmi Otedola, commended Governor Sanwo-Olu and the Lagos State Security Trust Fund for their hard work in keeping Lagos State safe and advised the Fund to continue in its culture of transparency and judicious use of resources.

Otedola acknowledged and saluted the contributions of the security personnel, especially during the festive periods for adequate protection of lives and property. She also encouraged residents to cooperate with the government for a more secure Lagos.

She said, “My father has taken an interest in this Fund since its inception and has from time to time made contributions to it. Over the years the Fund has continued to live up to its mandate and has remained very relevant in the security architecture of Lagos State. This is why my father has decided to commit another donation of N1 billion to the Fund to ensure the continuity of the critical work being done by the Fund making him the highest individual donor to the Fund.

“Lagos State is one of the few states in Nigeria where people move around freely without much worry about security, even in the dead of night. In fact, there was no notable security breach during the last Christmas and New Year celebrations with all the shows and funfair that accompanied them. While thanking the gallant men and women of the security services for their good work, we should recognise the role of the Lagos State Security Trust Fund in enabling them.

“My father believes that when well-meaning Lagos residents contribute to this type of effort, Lagos will be safer, and we all will be more prosperous. He, therefore, encourages all residents of Lagos, especially the corporate Lagos and high net worth individuals, to take a moment to reflect on the significance of donating to the Fund and then make that decision to contribute also regardless of size, as every donation has the power to create ripples of change.”

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Lagos Govt synchronises NG-CARES with THEMES+ agenda for livelihood improvement

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The Lagos State Government (LASG) has said it has carefully synchronised the Nigeria COVID-19 Action Recovery and Economic Stimulus (CARES) with the THEMES+ agenda of the Babajide Sanwo-Olu-led administration to improve livelihood  of vulnerable households in the State.

It described the NG-CARES initiative as a transformative scheme, serving as a catalyst for empowerment that addresses not only immediate needs, but creates a pathway for sustained prosperity.

According to the Special Adviser to the Lagos State Governor on Sustainable Development Goals, Dr. Oreoluwa Finnih, under the “unwavering commitment” of Governor Babajide Sanwo-Olu-led administration to shared prosperity, the NG-CARES social impact initiative has become one of the driving forces in realizing the vision of the T.H.E.M.E.S+ Development Agenda, “standing as a testament to our dedication to alleviating poverty and fostering sustainable livelihoods.”

Finnih speaking at a-one day sensitisation programme at Ikeja, the State Capital, organised for the new 1,716 beneficiaries admitted into the NG-CARES Labour Intensive Public Workfare (LIPW) DLI 1.2 across 20 Local Government Areas of the State, explained that the social intervention programme as a support system is providing opportunities for meaningful engagement and breaking the cycle of poverty across the State.

Speaking on the essence of the sensitisation exercise, she stated that beneficiaries need to be enlightened about the myriad opportunities and benefits associated with their participation in the programme, maintaining that beneficiaries must understand the profound impact their dedication to the project can have in the life of the larger community.

“As beneficiaries, you are not just workers; you are integral members of a larger community working towards a common goal. We believe in your ability to make a positive impact. Your commitment to self-improvement and community betterment is commendable and serves as an inspiration to us all,” she enthused.

While maintaining that the transformative initiative which is being midwifed by the Office of the SDGs has achieved a significant milestone with the graduation of over 1,700 beneficiaries in the first phase, Finnih explained that the inclusion of new set of beneficiaries underscores the programme’s scalability and its potential to reach an even larger audience.

“This expansion reflects our dedication to inclusivity and our firm belief that the benefits of sustainable development should be extended to as many individuals as possible. This platform has already graduated over 1,700 beneficiaries from various communities, working with organizations like LAWMA, Public Works, Ministry of Transportation, LASPARK, Primary Health Cares, and other intervention agencies,” she noted.

She disclosed further that as the state continues to navigate emerging challenges, the government remains steadfast in its dedication to the well-being of every Lagosians, laying the groundwork for lasting positive change in the lives of our people at the grassroots level.

On her part,  the Permanent Secretary, Office of Sustainable Development Goals, Mrs. Tolani Oshodi affirmed that enrollment of the new beneficiaries into the Labour-Intensive Public Workforce is an essential step to extend the benefits of the social intervention and involve more vulnerable Lagosians in the project.

Represented by the Director, Administrative and Human Resources, Office of SDGs, Mrs. Nike Akanji, the Permanent Secretary revealed that the delivery platform plays a pivotal role in the overall implementation of the NG-CARE project, adding that the scheme has significantly enhance the socio-economic well-being of vulnerable members of our society and alleviate their challenges.

“The administration of Governor Babajide Sanwo-Olu is responsive to the necessities of the people and we are dedicated to providing opportunities to achieve a state of well-being and socially acceptable standards of living for all our citizens,” she stated.

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LASG to convert Ijora under-bridge into recreational space

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The Lagos State Government (LASG) has announced plans to convert under-bridge Ijora which was recently cleared and sanitised to a recreational space.

The government had last week after a five-day quit notice, destroyed illegal shanties occupied by squatters under the bridge.

The state Commissioner for Environment and Water Resources, Tokunbo Wahab, had earlier lamented that block moulders, fuel sellers, and miscreants occupying the space under the bridge pose a security risk, stressing that the government would not allow it to continue.

Giving an update on the development, Wahab in a post on his X (formerly Twitter) handle revealed that the cleared space will be used for the public benefit of Lagos residents.

According to him, the endeavour which aims to restore the public space for the benefit of Lagos residents, will have community members also participating in the inspection and planning process.

“Following the expiration of the Commissioner’s five-day notice to unauthorised inhabitants of the Ijora Under-Bridge, the Special Task Force, under the direction of ACP Bayo Sulaiman, executed the removal of makeshift structures. Subsequently, the Lagos Waste Management Authority swiftly commenced the removal of debris.

“This initiative, however, extends beyond mere demolition and clearing. Guided by the directives of Governor #jidesanwoolu and HC #tokunbo_wahab, a team comprising the General Manager of LASPARK, Hon. Adetoun Popoola; the Commissioner for Youth and Social Development, Hon. Mobolaji Ogunlende; and the Commissioner for Energy and Mineral Resources, Mr. Abiodun Ogunleye, has embarked on a mission to transform this area into a recreational space.

“This endeavour aims to restore the public space for the benefit of Lagos residents, with community members also participating in the inspection and planning process.

“The transformation of Ijora Under-Bridge is poised to complement the adjacent National Theatre Complex’s ongoing refurbishment, and further enhance the quality of life for the citizens of Lagos,” he added.

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Lagos disburses N398.83m to 136 beneficiaries of deceased public servants

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The Lagos State Government has disbursed the total sum of N398,833.591.81 as insurance benefits to 136 beneficiaries of 85 deceased public servants who died while in service of the State Government.

Speaking at the presentation of cheques to the beneficiaries, the Honourable Commissioner for Finance, Mr. Abayomi Oluyomi stated that the payments to families of deceased staff are clear manifestations of the humane nature of Governor Babajide Sanwo-Olu’s administration towards its vibrant workforce.

Imploring the beneficiaries to see the payment as a seed, which is to be invested wisely, Oluyomi emphasised that the Lagos State Government gives priority to insurance welfare packages for its workforce and also to government property. The insurance packages for staff include Group Life and Group Personal Accident, amongst others.

His words: “Payment of the Insurance Death Benefits to the congregation of beneficiaries is to serve as succour to their immediate families to help in the education and general welfare of the younger children.”

The Finance Commissioner also commended LASACO Assurance PLC and Consortium of Underwriters/Brokers for playing their parts in ensuring the sustenance of best practices towards making life much better and rewarding for families of the deceased staff of the State Government under the Global Insurance Policies.

Earlier in his welcome address, the Permanent Secretary, Ministry of Finance, Mr. Temitope Hundogan appreciated the Lagos State Governor for his empathetic and kind gesture of ensuring prompt approval of the insurance premium, just as he encouraged the beneficiaries to put the money into good use.

Also speaking at the occasion, the Managing Director, LASACO Assurance Plc, Mr. Abiodun Razzaq applauded the Lagos State Government for putting smiles on the faces of beneficiaries who lost their loved ones while in active service of the State Government.

He emphasised that Lagos State remains the flagbearer and is always at the forefront in the payment of Insurance Death Benefits.

The event was also attended by Hon. Femi Saheed, Chairman House Committee on Finance.

One of the beneficiaries, Mrs. Abisola Magaret Ogunlola, on behalf of other beneficiaries, expressed her appreciation to the Lagos State Government for the kind gesture.

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