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Nigeria At 61: Why Lagos Should Be Allowed To Collect VAT —- Sanwo-Olu

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Lagos State Governor, Mr. Babajide Sanwo-Olu, on Sunday, said the state will do more for citizens if allowed to collect the Value Added Tax.

The governor also explained that allowing Lagos to collect VAT is a way of promoting fairness justice, and equity, which are needed for Nigeria to progress at 61.

He said this at the 61st national Independence Day Celebration service held at the Chapel of Christ The Light, Alausa, Ikeja, according to a statement from his media aide, Gboyega Akosile.

Sanwo-Olu while stressing his administration’s commitment toward delivering on his campaign promises, said, “We should ensure there is equity and fairness and that is why we talk about issues around VAT. We know and we believe that if Lagos gets more, we would do more. If Lagos can get a lot more, we will do a lot more because that is what we deserve; that is what is expected, that is what is required and that is what we are committed to.

“Year in, year out; your government implements over 90 percent of the budget. What it means is that if we have the capacity to get more, we will be able to give more to the citizens.

“I want to assure you that this government, your government will leave no stone unturned to ensure that we don’t shy away from our primary objective and responsibility, which is the security of life and property.

“As a Governor, I will do everything with every strength that I have to ensure that we set this State on a path of prosperity because I want each and every Lagosian to prosper. I will ensure that we create a Lagos that will work for the people of the State so that our tomorrow can be better than today.”

Sanwo-Olu said building a nation is about people doing the right things not only once but all the time.

He said, “We know Nigeria is going through a lot. We know that our country is going through turbulent times in our polity, management of affairs, security challenges, pandemic, unemployment, inequality, inflation and issues that are ravaging the entire world and also affecting us. But in all of these, God remains God and He will continue to stay and abide with us.

“We all need to come together. Like the Preacher said on the pulpit, ‘Righteousness exalts a nation’ is all about doing the right thing not only once but doing well all the time. It is not about Mr. Governor. It is not about the commissioner. It is about all of us. It is about ensuring that we have good conduct and continually display fairness, equity and justice as people and as a nation.

“We need to admonish and encourage ourselves that as we celebrate our 61st anniversary as a nation; it is time for each and every one of us to play our parts. We are all in it together. When Nigeria prospers, we will also prosper. We need the prosperity of Nigeria; we need the prosperity of Lagos for each and everyone one of us to prosper. This is our nation and if the land prospers, we the people will prosper.”

BIG STORY

Lagos State Government To Concession Red And Blue Line Rails For Sustainability, Loan Repayment

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The Lagos State Government has announced plans to concession the operations of the Red and Blue Line rail systems to the private sector in order to ensure their sustainability and repay loans taken for the rail projects.

This announcement was made by the Lagos State Commissioner for Transportation, Oluwaseun Osiyemi, during a recent TVC News interview, where he discussed the measures being implemented to ensure the continued viability of the state’s rail systems.

Osiyemi explained that the concessioning process would involve transferring the operations of the rail systems to private sector players for a defined period. This approach is intended to ensure the continued operation and effective management of the rail projects.

“The ultimate game is for all our rail systems we’ve done—that is, the Red Line and Blue Line—there is going to be some concessionairing with the private sector for a period of time to ensure sustainability and continuity,” he stated.

He added, “The concessioning would help pay back the loans taken for the rail projects.”

The commissioner emphasized that the concessioning strategy aims to ensure efficient operations and long-term financial sustainability, in line with the state’s vision for a world-class transportation network.

  • More Insight

Osiyemi further highlighted the substantial financial and technical challenges involved in operating rail systems, describing them as capital-intensive projects that require significant resources and specialized expertise.

To tackle these challenges and build local capacity, he noted that the Lagos State Government has enlisted foreign partners to temporarily manage the operations of the trains.

These partners are expected to not only ensure smooth operations during their tenure but also transfer critical skills to Nigerian personnel. The plan includes a structured training program lasting one to two years, after which the management of the rail systems will be fully handed over to local operators.

“What we have done is we have consulted foreign partners who, of course, would run these trains for a particular period of time and train our people—that is, transfer of skills.”

“They will train our people for one to two years, then hand over for our own management,” Osiyemi explained.

  • Things You Should Know

The Lagos State Government, under its Lagos Strategic Transport Master Plan, has set out an ambitious vision to develop a network of rail systems across the state.

Currently, only the first phases of the Red Line and Blue Line rail systems have been completed, with passenger services already in operation.

The Blue Line is a 27km electric rail line designed for sustainable operations. Its first phase, covering 13km from Lagos Marina to Mile 2, was completed in 2023 and began commercial operations in September, carrying over 2 million passengers to date.

The Red Line, spanning 37km from Agbado in Ogun State to Oyingbo in Lagos, operates on diesel. Its first phase, a 27km stretch, includes eight strategically located stations: Agbado, Iju, Agege, Ikeja, Oshodi, Mushin, Yaba, and Oyingbo.

The construction of the second phases of both the Red Line and Blue Line rail systems is being managed by the China Civil Engineering Construction Corporation (CCECC), which also oversees the operation of the trains.

Beyond the Red and Blue Lines, the state has plans for additional rail systems, including the 68km Green Line (Lekki Free Trade Zone to Marina), the 85.7km Purple Line (Redemption Camp to Ojo), the 48km Orange Line (Ikeja CBD to Agbowa), and the Yellow Line, all aimed at enhancing the state’s transportation network.

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BIG STORY

Lagos Commissioner Tokunbo Wahab Condoles With Families Of Epe Accident Victims

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Condolence Message from the Honourable Commissioner for Environment and Water Resources, Lagos State, Mr. Tokunbo Wahab.

I am deeply saddened by the tragic incident that occurred in our community, Epe, claiming the lives of two promising young adults, a dedicated tricycle driver, and leaving several other people injured. This heartbreaking accident has left our hearts heavy, as we mourn the loss of these young souls who were full of hope and dreams, and an industrious individual who worked tirelessly for his livelihood.

As a member of this community, I extend my heartfelt condolences to the families and friends affected by this terrible loss. I can only imagine the pain you must feel, and I want you to know that you are not alone in this moment of grief.

Let us honor the memories of these individuals by advocating for safety and awareness on our roads. As we move forward, may we find comfort in community and strength in one another. May their souls rest in peace, and may their families find solace and healing in the days to come.

Our thoughts and prayers are with you all.

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BIG STORY

JUST IN: Monday Okpebholo Sworn In As Edo State Governor

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Monday Okpebholo, a serving senator, has been sworn in as the governor of Edo State.

Okpebholo took his oath of office at about 1pm on Tuesday during the inauguration ceremony in Benin, the state capital.

As the candidate of the All Progressives Congress (APC), Okpebholo won the September 21 off-cycle governorship election in the state.

He polled 291,667 votes to defeat Asue Ighodalo of the Peoples Democratic Party (PDP), who came second with 247,274 votes.

Olumide Akpata, the candidate of the Labour Party (LP), came third with 22,763 votes.

Dennis Idahosa was also sworn in as the deputy governor of Edo.

Dignitaries, including Vice-President Kashim Shettima, Abdulrahman Abdulrazaq, chair of the governors’ forum; Philip Shaibu, reinstated deputy governor of Edo; and other governors from the party, were present as Okpebholo took the oath of office.

The new governor later rode in an open-top van around the stadium, acknowledging cheers from supporters.

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