General
Ambode Builds 4 New Fire Stations, Saves N100b Properties

By Dipo Olowookere
Lagos State government on Thursday said about N99.7 billion worth of properties were saved from fire incidences recorded in the State in the last one year.
Commissioner for Special Duties and Intergovernmental Relations, Mr Oluseye Oladejo, said the government stepped up its emergency apparatus to respond to fire disasters and other emergency situations.
“I can give you some information about the value of the properties saved from fire disasters and that would give an estimate total of N99.72 billion during the period under review and the estimated properties lost totals N16.62 billion,” Mr Oladejo said.
Speaking further, the Commissioner said that in line with the state government’s resolve to prevent and manage fire outbreaks across the State, Governor Ambode approved the creation of four new fire stations in the state.
“As at now, Lagos State can now boast of 14 Fire Stations across the state and all are equipped to combat fire outbreak”, he added.
Mr Oladejo said government had scaled up activities in Monitoring and Surveillance in the State and also intensified safety advocacy campaign in order to inform, educate and enlighten the public on the prevention and management of fire outbreaks.
He said the Lagos Safety Commission is saddled with the responsibility of setting safety standard for business premises, event centres, churches and other public buildings.
“They don’t have any no-go-areas to ensure that we put safety measures in place in the course of construction and the rest of it. That is the preventive part of our business. For rescue, that is the business of other agencies like Fire Service, Lagos State Emergency Management Agency (LASEMA),” he said.
Mr Oladejo, therefore, called on stakeholders to join hands with government in a bid to reduce emergency response time while also urging Lagosians to explore the limitless opportunities available on the platform of the State Command and Control Centre and continue to call the emergency toll free lines – 767 and 112 for distress calls.
“You can be assured of prompt response from these numbers on a 24-hour basis”, he said.
He said the government’s decision to replicate the Lagos Response Unit (LRU) in other locations in the State was to take the service closer to the people, noting that emergency rescue was a matter of response time and proximity of the service providers.
“So that informed the position of the government to establish one at Lekki and we are also establishing one at Ikorodu Road where we used to Bode Benson Hotel and we are also establishing one at Badagry. When you look at the spread, you would see that our intention is to take the service closer to the people. In the years ahead, we also hope to put up more structures to attend to the needs of Lagosians”, Oladejo said.
Responding to complaints as to why some members of the defunct Neighbourhood Watchers were not absorbed into the recently inaugurated Neighbourhood Safety Corps (NSC), the Commissioner explained that some were found wanting during the period of screening, adding that those who passed the screening have been employed into the Corps.
“What the Governor said was that they should be given priority and they should be examined and put through the normal screening which other applicants would also go through and they are accessed based on their mental, physical and psychological fitness to fit into the new scheme.
“You will agree with me that some of these people we are talking about are as old as 65 to 70 years and you just wonder what manner of security somebody like that would do and some were also found wanting in regards to their health status.
“Those taken on board so far constitute about 40 percent of those who were in the old neighbourhood watch, so definitely the Governor’s directive has been carried out in that regard,” he said.
He allayed fears that some politicians might have hijacked the recruitment process, noting that Governor Ambode had appointed a retired Deputy Inspector General, Israel Ajao to head the NSC so as to forestall such occurrence.
General
PenCom Targets 20 Million Pension Contributors by 2027

By Adedapo Adesanya
The National Pension Commission (PenCom) has said it hopes to achieve about 20 million pension contributors by the end of year 2027, as against the over 10.65 million it currently counts.
The Director-General of PenCom, Ms Omolola Oloworaran, said this over the weekend at the Pension Industry Leaders’ Retreat in Lagos.
According to her, the target would be achieved through the expansion of Personal Pension Plan (PPP) formerly known as Micro Pension Plan (MPP); constant engagements with stakeholders; enforcement of pension compliance certificates, especially by state governments amongst other initiatives.
She noted that the retreat has provided opportunities for the industry to adopt new strategies, stating that the resolutions reached will be fully implemented before the end of first quarter 2026.
On pension contributions, she said the industry expects a 50 per cent growth, stating that pension growth is essential for economic growth and development.
As of February 28, 2025 the pension fund assets was N23.27 trillion and Retirement Savings Account (RSA) holders 10.65 million.
Recall that recently, the pension regulator announced the recovery of N1.58 billion from defaulting employers through enhanced enforcement efforts as total pension assets under management (AuM) surpassed N23 trillion as of February.
The DG also announced state remittances had also improved, reflecting a greater adoption of the Contributory Pension Scheme (CPS).
Ms Oloworaran noted that in spite of these advancements, challenges remain, as only 25 states and the Federal Capital Territory (FCT) had enacted laws to implement the CPS.
“Six states operate hybrid schemes, while another six have bills at advanced legislative stages.
“Notable progress has been made in Katsina, Yobe, Bauchi, and Abia states. However, full implementation of the CPS is currently limited to eight states,” she explained at the First Run 2025 Consultative Forum for States and the Federal Capital Territory (FCT) held in Kano in late April.
General
CBN Warns Against Fictitious Persons Offering Contracts, Grants

By Adedapo Adesanya
The Central Bank of Nigeria (CBN) has again reacted to the activities of individuals and groups falsely claiming to represent or act on its behalf, warning Nigerians against falling for these schemes.
According to the Acting Director of Corporate Communications at the CBN, Mrs Hakama Sidi Ali, in a statement, these persons continue to circulate fictitious offers of contracts, loans, grants, intervention funds, and other financial benefits allegedly issued or endorsed by the CBN.
“Despite the public advisory issued on November 18, 2024, through the Bank’s official channels and news outlets, these misleading schemes have persisted, targeting unsuspecting members of the public with false and deceptive narratives,” the statement said.
“The CBN wishes to reiterate that it has not authorised, licensed, or appointed any individual, group, or organisation to act as an agent or intermediary in offering contracts, financial grants, or intervention funds to the public. The CBN also does not endorse or support such claims in any form.
“Members of the public are advised that the Central Bank of Nigeria (CBN) does not award contracts or disburse funds through unsolicited communications such as emails, phone calls, SMS, WhatsApp, or any social media platform. It also does not request payment of fees in exchange for contracts, grants, or financial interventions, nor does it engage intermediaries or third parties to offer financial services or opportunities to the public.
“If you are approached by individuals or entities making such claims, we strongly advise that you do not engage with them. Instead, such incidents should be reported immediately to the relevant law enforcement agencies or the nearest CBN Branch.
“The Central Bank of Nigeria remains committed to safeguarding the financial interests of the Nigerian public and continues to work closely with security agencies to investigate and address fraudulent activities,” the statement said.
General
NIMASA Clarifies Use of Technology in Concession of Operations

By Adedapo Adesanya
Nigerian Maritime Administration and Safety Agency (NIMASA) has said that its resolve to embrace technology as a means of enhancing capacity to deliver on its regulatory mandate more effectively and generate additional revenue for the government is being misinterpreted in some quarters as concession of its operations.
NIMASA, in a statement, said a pivotal innovation in this regard is the Maritime Enhanced Monitoring System (MEMS).
“This system brings digital traceability to the core of Nigeria’s maritime operations. MEMS provides real-time visibility into vessel movements, operational logs, and regulatory interactions. Through automated alerts, smart invoicing, and centralized data integration, NIMASA can now detect, document, and respond to maritime activities with greater precision and efficiency—eliminating unnecessary bottlenecks while strengthening compliance,” it stated.
It listed additional recipients targeted as waste reception services, a routine operation for both domestic and international vessels have traditionally lacked proper tracking, resulting in unmonitored activities and significant revenue losses.
“With MEMS, each waste offload can be logged, time-stamped, and automatically billed, converting previously missed opportunities into a consistent revenue stream while ensuring environmental standards are met,” the statement said.
“Marine pollution control, another critical area of NIMASA’s mandate, has similarly been constrained by limited digital tools. In the absence of satellite tracking and automated reporting, pollution events often go unnoticed or are reported too late to mitigate their impact. With the integration of modern surveillance systems, digital logbooks, and real-time alerts, NIMASA can now respond swiftly to such incidents, recover environmental damages, and hold polluters accountable—both legally and financially.
“It is important to emphasize that past revenue shortfalls experienced by the Agency mainly stemmed from outdated manual processes, fragmented data systems, and insufficient digital enforcement mechanisms which allowed some external elements to capitalize on the loopholes for personal gains .
“The current reforms being implemented by NIMASA are focused squarely on overcoming these limitations. By investing in digital infrastructure and streamlining monitoring systems, the Agency is positioning itself to fulfill its statutory obligations with transparency, efficiency, and accountability,” it added.
NIMASA therefore called for the support of its transformation journey as it aligns with the broader national objectives of the Ministry of Marine and Blue Economy under the Renewed Hope Agenda of President Bola Tinubu.
“The Agency remains committed to strengthening Nigeria’s maritime governance, ensuring environmental safety, and optimizing revenue for the nation,” the statement said.
“It is worthy of note that the Deep Blue Project of the Agency which now enjoys global recognition also witnessed such resistance at the initial stage,” it stated.
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