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CAN Endorses Sanwo-Olu For Second Term, Says Lagos Governor’s Performance ‘Outstanding So Far’

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…Governor: ‘No service more pleasing to God than serving mankind’

…Christian leaders root for Tinubu for national leadership

For the giant strides recorded in Lagos State in the last three years, the Body of Christ in the State has publicly thrown their weight behind Governor Babajide Sanwo-Olu, endorsing the Governor for a second term.

At the 2022 Inter-Denominational Divine Service organized by the Lagos chapter of Christian Association of Nigeria (CAN), the Christian body was unequivocal in its endorsement of the Governor for a second term, as it described the Sanwo-Olu administration as one that is “consciously pragmatic and proactive”.

CAN add that the Governor, in his administrative style, has sustained and built on the culture of excellent governance bequeathed to the public sector in the State by his predecessors, especially the All Progressives Congress (APC) National Leader, Asiwaju Bola Ahmed Tinubu. 

For this reason, the Body of Christ in Lagos wants Sanwo-Olu to return for a second term.  Christian leaders from all denominations in the membership of CAN in Lagos were present at the event held at The Apostolic Church (LAWNA) Territorial Headquarters in Ketu with the theme: “Choose You This Day Whom You Will Serve”. 

CAN Chairman, Rt. Reverend Stephen Adegbite, who described Sanwo-Olu as “a child of God”, said the Governor’s programs and projects had been felt across all sectors, adding that the Governor had been delivering on his administration’s development blueprint with fear of God. 

He said: “Sanwo-Olu is a child of God and when you have a child of God at the helm of affairs, all you get is excellent results. The blind can see the developments going on in Lagos and the determination of the Governor to consolidate on the THEMES Agenda. The Governor has been wonderful and we are seeing progress across all sectors. 

“Given the Governor’s outstanding performance, the Body of Christ in Lagos State is saying unequivocally that one good turn deserves another. Since we do not change a winning team, let us all pray and support this performing, pragmatic, wonderful, ever-consciously proactive, people-oriented, and God-fearing Government to continue for a second term.” 

Adegbite hailed the Governor and his deputy, Dr. Obafemi Hamzat, for upholding synergy and harmony in administering the affairs of the State. He also praised the First Lady, Dr. Ibijoke Sanwo-Olu, and the wife of the Deputy Governor for supporting their husbands with various projects. 

The Lagos CAN chairman also gave a tacit endorsement of the presidential ambition of Tinubu, saying the country would be in for a new and better country if Tinubu was allowed to have a shot at the presidency and replicate Lagos progress at the national level. 

“We all know there is a bigger project being pursued in Lagos State at the national level and if we see a replication of what is happening in Lagos at the national level, definitely Nigeria would be a better place for all to dwell in,” Adegbite said. 
In acceptance, Sanwo-Olu, who was in attendance at the event, expressed the faith that the CAN endorsement came on the heels of the group’s dispassionate assessment of his administration’s achievements. 

The Governor said his purpose in Government was to offer his physical strength and intellect to uplift the conditions of the people, stressing that no service would be greater and pleasing to God than serving mankind. 

Sanwo-Olu said: “Our covenant with God is to serve the people and give in our best ability in the period we have been chosen to serve. Indeed, we appreciate the support and prayers of the Christian body. 
“For me, it is not just to listen to the commendations passed on me by CAN and believe we have done it all.

What is important is how well we have served the people and improved their conditions using our office. We still have a lot to achieve, just as we have delivered visible projects across the sectors of our economy. 
“Our administration’s development agenda was designed to ease the pain of the masses.

For as long as God continues to give us strength, our Government will continue to serve the people. We will continue to deliver what will make life a lot better than what it is today.”

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BREAKING: EFCC Declares Yahaya Bello Wanted [PHOTO]

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Yahaya Bello, the former governor of Kogi state, has been declared wanted by the EFCC.

He reportedly evaded arrest yesterday when the commission visited his home to enforce arrest.

More to come…

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Hydrogen, CCHub Partner To Encourage Fintech Startup Success

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As the country faces economic challenges, the need for adaptive strategies in the fintech industry becomes paramount. In line with this, leading fintech startup Hydrogen Payment Services Limited (‘Hydrogen’) has teamed up with Co-creation Hub (‘CcHub’) to host an insightful event themed ‘Adapting Fintech Business Models to Economic Climates’.

The event is set to take place on Thursday, April 18, 2024, from 12:00 a.m. WAT at the CCHub office in Sabo, Lagos, will delve deep into the intricacies of Nigerian economic challenges and how these influence the fintech ecosystem. Participants will gain actionable insights on how to adapt fintech business models to volatile economic conditions by prioritising flexibility, agility, and customer-centricity.

This collaboration underscores the shared commitment of both entities to empower aspiring founders venturing into the fintech space amidst economic uncertainties. By leveraging their respective expertise and resources, Hydrogen and CcHub aim to equip
emerging entrepreneurs with the knowledge, tools, and support needed to thrive in today’s dynamic economic conditions.

Emeka Awagu, Chief Technology Officer at Hydrogen, commented on the strategic partnership with CcHUB: “Our alliance with CcHUB amplifies our shared commitment to pioneering transformative solutions in the Nigerian fintech sector. By leveraging Hydrogen’s technological expertise alongside CcHU’s innovative approach, we are primed to set a new standard for fintech excellence and drive impactful change across the industry.”

The event will feature a distinguished panel of industry experts and thought leaders. including Ina Alogwu, Group Director, Digital Transformation, ARM HoldCo; Emeka Awagu, Chief Technology Officer, Hydrogen; and Miracle Ezechi, Digital Marketing Manager, Hydrogen.

The panel discussion will be moderated to encourage an engaging and insightful conversation on the strategies and innovations required to thrive in the Nigerian fintech landscape amidst economic challenges.

Interested attendees are encouraged to register here and reserve a spot.

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ECONOMY: CBN Not Using Foreign Reserves To Defend Naira — Olayemi Cardoso

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The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, asserts that the nation is not defending the value of the naira with its foreign reserves.

He made this known on Wednesday in Washington, DC, where he is attending the International Monetary Fund-World Bank Spring Meetings.

Cardoso said $600 million came into Nigeria’s reserves account within the last two days.

The naira has appreciated against the dollar in recent weeks, gaining over 40%, from about N1,900/$ to about N1,000/$1 now. But while the naira rebound, Nigeria’s foreign reserves are dwindling, dropping to about $32.29 billion on April 15 — the lowest level in over six years.

Cardoso said, “What you’ve seen with respect to the shift in our reserves is normal in any country’s reserves where for example, debt is due and certain payments need to be made because that is also part of keeping your credibility.

“Other times money comes in, it takes it up again. Between yesterday and today, about $600 million came into the reserves account. We are looking towards a market that operates by itself, willing buyers, willing sellers and price discovery.

“The shift in our reserves has really little or nothing to do with defending naira and that is certainly not our objective.”

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