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Lagos’ll Strengthen Partnership With U.S. On Security, Technology, Good Governance, Says Sanwo-Olu 



Lagos State Governor, Mr. Babajide Sanwo-Olu on Wednesday said the State Government will strengthen its partnership with the United States and work closely to deepen a mutually beneficial relationship on security, business, entertainment, technology, and good governance, among others, to better the lives of the citizens.

Governor Sanwo-Olu made the statement on Wednesday while receiving the new United States Consul General, Mr. Williams Stevens, who paid him a courtesy visit at the Lagos House, Marina.

The Governor said Lagos State Government is looking forward to using the opportunities and mutually beneficial partnerships between the State and the United States to better the lives of residents and create an atmosphere where businesses can thrive.

He said: “We know too well that you will do bigger and greater things with the government and the people of Lagos. The relationship that the government has with your office is great; it is phenomenal but beyond that, it is really about our people. It is about ensuring that we can use our opportunity to better the lives of our citizens and businesses both in institutions and the country.

“Over the last couple of months in Lagos State, we have seen direct investments from big American companies that have seen the need for them not to just verbalize that the future is in Africa but the future is actually in Lagos and we need to take those steps.

“We know that indeed this is where the huge number of youth population; the opportunity is here in tech, financial services, entertainment, and tourism. This is where everything comes together. So, I am excited. We believe working closely with your office, we will be creating success on both sides and we will be building a mutually beneficial relationship.

“Security is paramount for you, me, and for our citizens. We will be taking that forward. I am sure over the period we will deepen the relationship further and build a visible clear vision for our cities.”

In his remarks, the United States Consul General, Williams Stevens said his country was poised to improve the economic relationships, and bilateral trade, and work together to combat crime while partnering to prioritize education, cultural engagement, and entertainment, among other initiatives that would lead to investments in the state.

Stevens, who described the economic relationship as the foundation of any partnership as well as security, promised that the United States will partner with Lagos State and the Federal Government in combating trans-national crimes and ensure the security of lives and properties of residents, which according to him is key to creating a conducive environment for businesses to thrive.

He said: “We are focused on security. We are focused on ensuring that we are working together with Nigerian organizations and law enforcement to combat international crime and help the people here safer and more secure, which actually directly connects to trade investment.

“We are also focusing on the human concept on regulations, health, partnership, democracy, governance, preparation for the upcoming elections; everything we can do to ensure that people who are here in Lagos State and around Nigeria can have the opportunity to live healthy and safer.”

Stevens, who described Nigerian entertainers as global stars, said there is a partnership between Americans and Nigerians both in films and music in the classic entertainment industries.


BREAKING: FG Declares Monday, Tuesday Public Holidays In Celebration Of Eid-el-Kabir



Monday, June 17 and Tuesday, June 18, 2024, have been declared public holidays by the Federal Government to mark this year’s Eid-el-Kabir festival.

Olubunmi Tunji-Ojo, in a statement on Friday signed by the Ministry of Interior’s Permanent Secretary, Dr Aishetu Ndayako, congratulated all Muslim Ummah both at home and in the Diaspora on the occasion.

Tunji-Ojo called on the Muslim Ummah to continue to imbibe the spirit of peace, kindness and sacrifice, as exemplified by Prophet Ibrahim (Peace be upon Him) and to also use the period to pray for unity, prosperity and the stability of the country.

The statement added, “The minister reiterated that President Bola Ahmed Tinubu’s administration was committed to safeguarding the lives and property of all Nigerians.

“He further enjoined all Muslim faithful and Nigerians in general to support, cooperate and join hands with the president in his sustained efforts to diversify the economy and progressively accelerate the pace of the nation’s economic recovery.

“While wishing the Muslim Ummah a happy Eid-el-Kabir celebration, the Minister advised all Nigerians to take responsibility in the resolve to hand over a prosperous Nigeria to the nation’s children.”

Earlier report had it that President Bola Tinubu would depart Abuja, the nation’s capital, for Lagos State on Friday ahead of the Eid-el-Kabir festival.

In a statement on Friday by his spokesman, Ajuri Ngelale, Tinubu will observe Eid-el-Kabir in Lagos, where he will also spend the Sallah holidays.

It added: “The President will mark the occasion with prayers and reflection on advancing the transformation of Nigeria in line with his Renewed Hope Agenda.”

Earlier reports had reported that the Sultan of Sokoto, Sa’ad Abubakar, declared Sunday, June 16, as Eid-el-Kabir day after affirming that Friday is the first day of Dhul Hijjah.

Sultan disclosed this in a statement on Friday by the Chairman of the Advisory Committee on Religious Affairs to the Sultanate Council, Sambo Junaid, in Sokoto State.

“His Eminence, the Sultan felicitates with Nigeria’s Muslim Ummah and wishes them Allah’s guidance and blessings.

“The Sultan, while urging the Muslim Ummah to continue to pray for peace, progress and development of the country, also wishes all Muslims a Happy Eid-El-Kabir. May Allah (SWT) accept our religious deeds, amen,” the Sultanate council said in the statement.

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SALLAH: Excitement In Odi-Olowo Community As Council Boss Hon. Razaq Ajala Sells Subsidized Rams At N50,000 [PHOTOS/VIDEO]



The chairman, odi-olowo Local Council Development Area (LCDA), Hon. Rasak Ajala, in his usual empathy, magnanimity and love for the good people of his community, took such a humane and drastic step in helping to enable Muslim faithfuls, within the community, the will to buy and celebrate Sallah in the traditional pleasurable, fun and enough “food and meat to eat” way, marking this year’s Sallah.

Hon. Ajala, who will always go extra miles to alleviate the suffering of the people and ensure every member of the community access basic needs, with regular empowerment, outreach and people’s oriented initiative, sold out “ILEYA RAMS” to members of the Local Government, at an incredible amount of 50k (Fifty Thousand Naira Only) no matter the size or weight of the ram.

Testimonies from residents in the community who had purchased and bought the healthy, well fed and Sallah certified rams could only attest more to the Chairman’s capacity in delivering on his electoral promises and aim at changing the lives of the people for the best.

Photos of the rams, as displayed across social media portals, and buyers from the local government have become a sensation and template for good governance and enviable leadership.

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BUSINESS: Investing In Davido’s Coin Highly Risky, SEC Warns Nigerians



The public has been cautioned by the Securities and Exchange Commission (SEC) not to invest in the meme coin that is purportedly associated with popular Nigerian artist David Adedeji Adeleke, better known by his stage name Davido.

The commission made this known in a statement published on its website on Friday.

The SEC issued a warning, saying that users of the meme coin do so at their own risk.

“The general public is hereby advised that meme coins lack fundamental value and are purely speculative. The general public is further warned that investing in meme coins, including $Davido, is highly risky and should be done with a full understanding of the associated risk.

“Capital market operators are by this notice warned not to associate with instruments that fall outside the SEC’s regulatory purview. Such instruments should not in any manner be distributed or monitored through any capital market mechanism.

“Please note that the commission does not recognise $Davido as an investment product or investable asset class under its regulatory purview, as such individuals who patronize it, do so at their peril,” the statement read.

The SEC said it will keep a close watch on market developments and is ready to step in with regulatory action as needed.

The commission further explained, “Generally, meme coins are cryptocurrencies inspired by memes and internet jokes. They are often envisaged as fun, light-hearted cryptocurrencies promoted through a social media community and sometimes through celebrity endorsements.

“Meme coins are also not intended to serve as a medium of exchange accepted by the public as payment for goods and services, or as a digital representation of capital market products such as shares, debentures, units of collective investment schemes, derivatives contracts, commodities or other kinds of financial instruments or investments.”

The music star unveiled a meme coin called $Davido on Wednesday, May 29, 2024.

However, the meme coin has been widely criticised by Nigerians after its value nosedived just a day after its launch.

Social media was awash with disappointed investors and fans venting their frustration as the coin’s value plummeted, with many expressing their dismay and disillusionment.

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