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Sanwo-Olu Restates Commitment To The Delivery Of T.H.E.M.E.S. Agenda

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The Lagos State Governor, Mr. Babajide Sanwo-Olu has restated the commitment of his administration to delivering on the T.H.E.M.E.S strategic development agenda, adding that doing so within the framework of the Circular Economy requires innovative thinking and implementation, as well as adequate financing and investment.

Sanwo-Olu stated this in his keynote address delivered at the virtual Lagos State Roundtable on Circular Economy organized by the State Ministry of Economic Planning and Budget with the theme “For a Greater Lagos: Leveraging Circular Economy for Rebuilding Lagos and Post COVID-19 Recovery Agenda – Building Back Better”.

He said the theme of the forum captures very aptly the goal of restoring Lagos amid one of the most disruptive pandemics the world has seen in its recent history, followed closely by the regrettable loss of lives and destruction of private and public property by the #ENDSARS protesters, stressing that these are in addition to the existential challenge of climate change confronting a fast-growing Megacity on the edge of the Atlantic Ocean.

In his words: “Circular Economy is a new way of seeing and doing, a new paradigm that departs from the Linear Economy model that we have become used to, and extends and expands on the Recycling Economy model. It emphasizes repair, renewal, restoration, and regeneration. It calls for a level of thinking and innovation that forces us out of current comfort zones”.

“One of the challenges that we will face in building a Circular Economy in Lagos State is that we will have to jettison the old models of livelihood and economic survival built on the paradigm of the Linear Economy. It will not be easy to convince people and businesses and governments to dismantle what we have been used to and to start afresh in building something that is sustainable and that holds greater potential for the future”, he added.

The Governor maintained that, in view of the challenges ahead, his administration had committed, in the 2021 budget proposals to the House of Assembly, over N508 billion towards infrastructure, the environment, and human capital development, revealing that, in addition to public spending, the government intends to mobilize private capital to support and implement its circular economy vision.

“It is estimated that Lagos State will require a combined investment of over US$ 3 billion of investments, over the next ten years, to meet our targets. It is, therefore, imperative that our Lagos State Development Plan for 2020 to 2050, must be integrated with our circular economy strategy”, the Governor asserted.

Sanwo-Olu, therefore, averred that Lagos State is very much open to collaboration and partnership with all development partners, including the very supportive African Development Bank (AfDB), to set up the enabling environment for its circular economy vision to thrive.

Earlier in his opening remarks, the Honourable Commissioner for Economy Planning and Budget, Mr. Samuel Egube, stated that the roundtable is coming at a crucial time when all hands are on deck to rebuild Lagos and implement the COVID-19 Recovery agenda of the present administration.

He stated that never in recent memory has the world experienced the current levels of economic and social disruptions, one as dramatic as the consequences of the COVID-19 pandemic and further compounded by civil unrest in several parts of the globe.

He said the Lagos State Roundtable on Circular Economy avails the opportunity to learn from this crisis to develop an economy that is more distributive, inclusive and can help us achieve growth while simultaneously addressing the threats of high unemployment in our society and our environment.

“Lagos State with a population of over 20 million inhabitants and solid waste in excess of 16 million tonnes per annum must, as a matter of urgency, explore innovative ways to create wealth, opportunities and lay the foundation of a Greater Lagos with climate change and resilience as the focus. Circular Economy principles hold much for us to learn from”, he noted.

Dignitaries present at the virtual event include H.E. Dr. Jyrki Pulkkinen, Ambassador of Finland to Nigeria; Dr. Akinwunmi Adesina, President, African Development Bank; Lagos State Executive Council Members; Mr. Arie Plieger, Consul-General (Acting), Consulate General of the Kingdom of the Netherlands in Lagos; Lagos State Body of Permanent Secretaries and the Panel of Circular Economy Ideators.

BIG STORY

Thousands Flock To Lagos For Africa’s Biggest Shopping, Entertainment Event [PHOTOS]

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Thousands of excited Nigerians attended the opening day of the much-anticipated maiden edition of the Lagos Shopping Festival (LSF) on Monday, December 23 and were served up an electrifying feast of events, activities and promotions across the the main venue of the festival, the iconic Mobolaji Johnson Arena, (formerly Onikan Stadium).

As advertised, first day of the festival lived up to its billing with a colourful blend of commerce, music, innovation and creativity following its flag off by the Executive Governor of Lagos State, Babajide Olusola Sanwo-Olu.

The Lagos Shopping Festival, powered by the Lagos State Government in collaboration with Chain Reactions Africa, a frontline PR firm, and supported by leading brands, including Zenith Bank, Tolaram Group, First Bank Plc, and Guinness, will see millions of people hit the main venue and select Lagos malls to bag the latest bargains, and bring together the best of city’s retail offering, showcasing local and top global brands and shopping experiences, including in-mall promotions.

Speaking at the event, Governor Sanwo-Olu described the LSF as a history-making festival of back-to-back shopping, fun, and entertainment, reaffirming the Lagos state’s commitment to grow small businesses as well as the entertainment industry.

“This is the first of its kind and this event is made to bring shoppers with MSMEs, with innovators, with entertainers, with the creative industry, with the food industry and everybody,” said Sanwo-Olu.

“For the next three days, we are meant to all come together, enjoy good food, good music, sales at discounted market price, shopping at the highest level and just general entertainment with the creativity of Lagos,” the Governor added.

He called on all Lagosians and Nigerian to join the fun, shopping and entertainment.

“Call everybody from Iyana-Ipaja to Alimosho, call people from Agege, call them from Ebute-Meta to Shomolu, call them from Bariga, from Badagry to Ikorodu, from Epe to Ibeju-Lekki, call everyone to come to the arena here at the Mobolaji Johson Center in Onikan where we’ll be doing shopping, we’ll be doing music, we’ll be doing entertainment for the next two days. This is the first of its kind”, Sanwo-Olu added.

He assured all fun-seekers, buyers and sellers of their safety, saying that they are in a safe, secure, peaceful environment, urging them to “to sit back, relax and see another Lagos creativity that is the first, and the very first Lagos Shopping Festival”.

Governor Sanwo-Olu expressed his appreciation to the sponsors of the Lagos Shopping Festival for their unwavering support to drive the story of Lagos commerce, entertainment and creativity.

“I want to thank all of our sponsors from FirstBank, to Zenith Bank, to Tolaram, to Smirnoff Ice, to Indomie Noodles, to OmniBiz, to PowerOil, to Minimie, and to Malta Guinness, all of them, including the Lagos State Government. I want to thank you”.

He also commended all the local and small businesses at the festival, and urged Lagosians and Nigerians to always patronize them.

“More importantly, to all the small businesses that are inside and under the canopies, go out there and make good deals. Go out there and do huge purchases from them. Go out there and make their small-scale market, work for them; because here, we want the market to be meeting all of the shoppers. That’s what this is all about. It’s about buying stuff at the most reduced market. It’s about entertainment, it’s about food, it’s about tourism. This is what Lagos has given to you again,” Sanwo-Olu said.

Also, commenting, the MD/ Chief Strategist, Chain Reactions Africa, the organisers of the Lagos Shopping Festival, Mr Israel Jaiye Opayemi, buttressed the strategic significance of the festival saying, “LSF is poised to be the catalyst that will redefine the true essence of commerce, especially SME businesses, the creative ecosystem, and fun times with family, friends and loved one. LSF is sure set to open a new vista of socio-economic growth from Lagos, to Nigeria, whilst raising a unique bar in the African market”.

Fun-seekers and business men and women alike had entertainment value for their time, with dancing and singing competition with the winners adjudged by the audience receiving cash gifts. The highlight of the day was the energy-revving musical performances from the youthful Ayo Maff, with the soulful rendition of songs from Adekunle Gold the icing on the cake for the audience who kept singing along to his enchanting stage performances.

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BIG STORY

JUST IN: Oriyomi Hamzat, Queen Naomi, School Principal Remanded In Agodi Prison Over Ibadan Stampede

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The Chief Magistrate Court sitting in Iyaganku, Ibadan, Oyo State has ordered the remand of Prophetess Naomi Silekunola, Alhaji Oriyomi Hamzat, and Mr. Abdullahi Fasasi at Agodi Correctional Center following their roles in the Ibadan Children Funfair stampede last week.

Amid heavy security, the three individuals, including the principal of Islamic High School, Bashorun Ibadan, Mr. Fasasi; the proprietor of Agidigbo FM, Alhaji Hamzat; and the estranged wife of the Ooni of Ile Ife, Oba Enitan Adeyeye Ogunwusi, Naomi Silekunola, were on Tuesday arraigned before the court over the incident.

The trio were arrested in connection with the Wednesday, December 18, 2024, stampede that occurred at Islamic High School, Ibadan, resulting in the death of 35 minors, while others sustained injuries.

Chief Magistrate Olabisi Ogunkanmi gave the order following the arraignment of the suspects in court on Tuesday.

The Police prosecutor accused the defendants of committing an offense contrary to Section 324 of the Criminal Code, Cap. 38, Vol. II, Laws of Oyo State of Nigeria, 2000 in a four-count charge for which they were arraigned.

The court premises was filled with relatives of the defendants and other interested parties.

 

More to come…

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JUST IN: Dele Farotimi Finally Released After 21 Days In Detention

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Dele Farotimi has been released from detention in Ekiti after spending 21 days in a cell, following a complaint from Afe Babalola, SAN, who accused the human rights lawyer of defamation in his recently published book Nigeria And Its Criminal Justice System, a global bestseller on Amazon.

Farotimi was released on Tuesday after meeting the bail conditions set by an Ekiti Chief Magistrate’s Court on December 20, according to fellow activist Omoyele Sowore.

“I am pleased to report that Dele Farotimi is no longer being held at the prison yards in Ekiti State and is now returning home to Lagos,” Sowore shared the news on his X handle today.

“The struggle continues! Happy holidays to you all!”

 

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