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President Tinubu to commission Lagos Red line Feb 29

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…Says LASG is intentional, unrelenting in addressing traffic issues

Lagos State Governor, Mr. Babajide Sanwo-Olu, on Wednesday, said the much-anticipated Red Line rail will be commissioned on Thursday, February 29 by President Bola Tinubu.

Governor Sanwo-Olu made the announcement at the Lagos State Parking Authority (LASPA) Stakeholders Forum themed: “Parking in Lagos, the journey so far – Assessing the social and economic impact of the industry” held at GRA, Ikeja.

He said the Red Line rail, which runs from Agbado in Ogun State and terminates at the Oyingbo area of Lagos, is one of the integrated mass transit corridors in the state in line with his administration’s THEMES+ Developmental Agenda.

Governor Sanwo-Olu said his administration, which is intentional and unrelenting in its efforts to address all traffic issues in the state, has identified indiscriminate parking as one of the major challenges of the free flow of traffic.

He said the Lagos State Parking Policy, which came into being with the establishment of the Lagos State Parking Authority (LASPA) was to regulate all forms of parking by adopting innovative, adaptable, and sustainable operational systems and technologies.

Governor Sanwo-Olu, while reiterating his administration’s zero-tolerance policy for the flouting of rules and regulations guiding the Lagos transport sector, urged all stakeholders in the sector to comply with the Lagos State Parking Policy in the renewed and intentional effort to curb indiscriminate parking in the State.

He said, “We have adopted a model that ensures a win-win situation between the State and Local Governments. Lagos has already shown that this kind of state-LGA partnership can work, through the establishment of LASAA, and the Land Use Charge, and we are now set to showcase the same with the Lagos State Parking Authority.

“Therefore, the Local Governments in Lagos State, under the Conference 57 umbrella, and Mr. Kolade Alabi, the National President of the Association of Local Governments of Nigeria (ALGON), are our strategic partners in this renewed effort to regulate parking across the State.

“Just recently, we approved the On-Street parking scheme, to regulate the existing roadside parking and checkmate haphazard parking in line with global best practices. We are utilising existing major roads suitable to accommodate On-Street parking, and to create additional parking spaces, especially in areas with high parking traffic.

“The On-Street parking scheme, as with most of our projects, is being done in partnership with the private sector, and we will continue to explore the Public Private Partnership model to benefit from its effectiveness in delivering high-quality service to meet the needs of our increasing population.”

Speaking earlier, the LASPA General Manager, Mrs. Adebisi Adelabu, said parking management was on the centre stage towards meeting the target of traffic management of Governor Sanwo-Olu’s administration.

Adelabu urged all stakeholders to work with LASPA in its effort to rid Lagos of parking-induced gridlocks, through the effective implementation of the Lagos State Parking Policy.

She said, “As you are all aware Traffic management and Transportation is the first pillar of the THEMES+ agenda of the Governor Babajide Olusola Sanwo-Olu-led administration. It might interest you to know that parking management takes centre stage in the actualisation of this objective, as it is practically impossible to venture into traffic management without putting into consideration the issue of parking management.

“Our mandate is clear and we are resolute in pursuit of excellence in its actualisation in line with global best practices. We are fully empowered and also intentional about operating a more efficient and sustainable parking management system in line with the administration’s THEMES+ agenda to move Lagos State towards a 21st-century economy.

“We have a vision and are not unaware of the challenges to achieving it, but we are resolute in the pursuit of our goals and objectives towards the actualisation of this vision. This vision aims to achieve excellence in how Lagos State parking policies are envisioned and developed in line with the best global practices for a modern, efficient and sustainably managed parking system towards reducing congestion, disruption, improved road safety and changing travel behaviour.”

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Tinubu appoints governing board members for 111 tertiary institutions

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President Bola Tinubu has approved the appointments of at least 555 persons to serve as Pro-chancellors/Chairmen and members of Governing Boards of 111 federal universities, polytechnics and Colleges of Education.

This followed Tinubu’s assent to a list of nominees selected by the Ministry of Education.

It was signed by the ministry’s Permanent Secretary, Mrs. Didi Esther Walson-Jack.

“The inauguration and retreat for the Governing Councils will take place on Thursday, May 30 and Friday, May 31, 2024, at the National Universities Commission, 26 Aguiyi Ironsi Street, Maitama, Abuja. Both events will commence at 9:00am daily,” said Walson-Jack.

When contacted for confirmation, the Presidency said the list emanated from the Ministry of Education.

“This is from the Federal Ministry of Education…they make the nominations and forward them to the President to sign. But they are at liberty to release it from their end,” the President’s Special Adviser on Information and Strategy, Bayo Onanuga, told our correspondent on Saturday.

The appointments come days after the Academic Staff Union of Universities had threatened to embark on another strike, potentially disrupting the academic calendar and causing further setbacks in the country’s higher education sector.

The union, on Tuesday, decried the failure of the Federal Government to appoint Governing Councils for federal universities.

The union also faulted what it described as the nonchalant attitude of the President Bola Tinubu-led Federal Government to matters about academics in federal universities.

The body of academics, during a briefing at the University of Abuja, also faulted the 35 per cent salary increment for professors and the 25 per cent salary increment for other academics in the university system.

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APC will take over Osun in 2026 – Oyetola

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Minister of Marine and Blue Economy, Adegboyega Oyetola, on Friday in Osogbo declared that the fortune of the ruling Peoples Democratic Party in Osun State had nosedived in the state with the gale of defection that hit its rank.

Oyetola, the immediate past governor of the state, spoke at a rally organised to receive PDP ex-National Deputy Chairman, Alhaji Shuaib Oyedokun and ex-governorship aspirant on the platform of PDP, Mr Dotun Babayemi and their supporters into APC.

The ex-Osun State governor, who expressed confidence in the party winning the state in the next governorship election, said the defection into the party by Babayemi and his people was an indication that more people from the ruling party would join APC from the PDP before 2026 gubernatorial poll.

He further said, “It is an irony that we lost an election over a year ago and there has been no major defection from the party. What we have is the reverse. It is the ruling party that is coming to us, which shows that APC remains a party to beat. We have done so well, and people are starting to see that when it comes to governance, the progressive knows how to.

“The way President Tinubu has been governing us, that is what the APC governors in their respective states have been doing. I am delighted by the fact that we are not just getting anybody, but people of substance. Like Baba Suaibu, he is a veteran member of the PDP, decamping to the APC. It shows that PDP doesn’t exist any longer here.

“I am confident that in 2026, we are going to take over the state. This is just the beginning because several people are willing to come back to us, and a lot of political heavyweights are coming to join us. I welcome Dotun Babayemi and Alhaji Suiabu Oyedokun to the progressives,” he said.

Also speaking at the event, Babayemi who said good governance had ceased in Osun after Oyetola exited office, added that the present governor, Ademola Adeleke, lacked understanding of how to run a government.

He “The last time we witnessed good governance was in 2022 when Oyetola left government and it is time we unite to send the present administration out of government house for the sake of the state’s development.”

Reacting in a statement, Osun PDP chairman, Sunday Bisi, described Babayemi and others defection into APC as “a drama by the opposition APC to shore up its bad fortunes in Osun State.”

The party urged Osun people not to lose sleep over the “formal realignment of some political traders, whose round-tripping business of feeding fat on the common patrimony of the state was decisively halted through the July 16, 2022, governorship election.”

“The PDP believe the inglorious antecedents of the disillusioned dramatis personae involved in the soap opera of self-pleasuring are in public court. Such individuals like Mr Dotun Babayemi and his ilk have since been put in their place long before now and have ceased to be members of our party right before the 2022 governorship election,” it stated.

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Nigeria to end fuel imports by June – Dangote

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Africa’s richest man and Chairman of the Dangote Group, Aliko Dangote, has said that following the laid-down plans of the Dangote Refinery, Nigeria will no longer need to import gasoline starting next month.

Dangote also stated that his refinery can meet West Africa’s petrol and diesel needs, as well as the continent’s aviation fuel demand.

He spoke at the Africa CEO Forum Annual Summit in Kigali on Friday, expressing optimism about transforming Africa’s energy landscape.

“Right now, Nigeria has no cause to import anything apart from gasoline and by sometime in June, within the next four or five weeks, Nigeria shouldn’t import anything like gasoline; not one drop of a litre,” he declared.

He also outlined progress made by the oil company to ensure that Africa as a continent becomes self-sufficient when it comes to the energy sector.

He said, “We have enough gasoline to give to at least the entire West Africa, diesel to give to West Africa and Central Africa. We have enough aviation fuel to give to the entire continent and also export some to Brazil and Mexico.

“Today, our polypropylene and our polyethene will meet the entire demand of Africa and we are doing base oil, which is like engine oil, we are doing linear benzyl, which is raw material to produce detergent. We have 1.4 billion people in the population, nobody is producing that in Africa.

“So, all the raw materials for our detergents are imported. We are producing that raw material to make Africa self-sufficient.

“As I said, give us three or a maximum of four years and Africa will not, I repeat, not import any more fertilizer from anywhere. We will make Africa self-sufficient in potash, phosphate, and urea, we are at three million tonnes and in the next twenty months, we will be at six million tonnes of urea which is the entire capacity of Egypt. We are getting there.”

Dangote also went further to outline the achievements of the company since the commissioning of the refinery in February.

“For some of us, despite the boom of the capital market of the US, you know, Google, Microsoft and the rest, we didn’t participate, we took all our money and invested in Africa.

“We had this dream, just about five years ago and we said we want to move from five billion (dollars) revenue to thirty billion revenue and we made it happen. It is possible and now we have made it happen and now we have finished our refinery.

“Our refinery is quite big, it is something that we believe that Africa needs. If you look at the whole continent, there are only two countries that don’t import petroleum products which is a tragedy. They are only Algeria and Libya. The rest are all importers,” he said.

He added, “So, we need to change and make sure that we don’t just go and produce raw materials, we should also produce finished products and create jobs.

“One of the things we also need to know as Africans is that we produce raw materials and export them when you export raw materials and somebody now keeps importing things into your continent and dumping goods. what you are importing is poverty and exporting jobs. So, we have to change that narrative.”

“We just commissioned in February and now we are producing jet fuel, we are producing diesel and by next month, we will be producing gasoline. What that would do is that we would be taking most of the African crude that is being produced and also be able to supply not only Nigeria, because our capacity is too big for Nigeria, but it would also supply West Africa, Central Africa and also South Africa. We have 650,000 barrels per day, 1 million tonnes of polypropylene, we have 590,000 carbon black, that is the raw materials ink, dyes and co. We are expanding more. This is the first phase and we are going out to the next phase which will start early next year,” he said.

The richest man in Africa also acknowledged the challenges faced in building the refinery, particularly by those accustomed to the status quo.

He said there was pushback but failure was not an option, even though many people did not believe he would succeed.

“The pushback was very impactful because there are people who have been used to just making money trading without refinery and you know, to get people who are committed to Africa has to be people that believe in investing in Africa because the companies that are operating today are not investing, and some of the issues of stopping that investment is going to impact us, not today but in the future, which means our oil production will continue to go down because in oil unless you keep investing, the production is going to go down.

“So, that is the issue. The major burden on us was that there is no room for failure because we were the EPC contractors and ninety per cent of people never believed that we were going to deliver but we have been able to deliver now,” he added.

Despite these achievements, Dangote identified policy inconsistency as a major challenge for African entrepreneurs and called for a review and support from the leaders to ensure proper ease of trading in the continent.

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