General
Ambode Pledges to Construct 181 Roads in 2017
By Dipo Olowookere
Governor Akinwunmi Ambode of Lagos State has promised to consolidate on its administration’s infrastructural renewal drive with the construction of 181 local government roads in the current fiscal year, saying the process for the award of the contract would commence next week.
Mr Ambode made this known on Thursday while speaking at the first Quarterly Town Hall Meeting for 2017, the sixth in the series, held at the Ajelogo Housing Scheme, Ajelogo Market Road, Akanimodo, Mile 12.
The Governor noted that the 181 roads is an improvement on the 114 roads, two in each local government, which his administration promised to embark upon every year.
Acknowledging that most of the requests made by residents during the interactive session at the Town Hall Meeting were majorly on roads owing to the success of the 114 roads delivered in September 2016, the Governor said his administration thought it wise to ensure that the roads captured for 2017 are key roads that would have economic impact on the people living in that axis, hence the increase to 181 roads.
“I want to pronounce here that you should watch out next week in the newspapers, we are advertising 181 roads which would be done in all our local governments.
“What we have found out is that if we decided to continue with two, some of those roads are not linking each other to the main road, so most likely you would see that if we are supposed to do some road in some local governments, it would only make economic sense if there is a linkage.
“So you would see in the advert that some local governments would have like three, some would have four roads, but the average is that 181 if you divide it by 57 that would be a minimum of three roads from each local governments,” Governor Ambode said.
He said that the choice of the roads to be constructed had been made by the local governments in conjunction with the engineers, assuring that before the end of the year when the road would be delivered, the people would be better for it.
Giving his account of stewardship in the last quarter, Governor Ambode said the choice of Akanimodo, Mile 12 as venue for the meeting was to show that the axis has not been left behind in the developmental progress ongoing in the State, saying he had come to listen to the needs of the people and where government intervention was in dire need.
He said in the last quarter, his administration kicked off its “Rent-To-Own and Rental Housing Policy” aimed at providing affordable units across the three Senatorial Districts, disclosing that there are 4,355 housing units available with over 500 applicants prequalified so far, while allocation would commence next week.
On the agricultural sector, the Governor said his administration was already looking to build on the first fruits of its partnership with Kebbi State government with the launch of LAKE RICE in December 2016, adding that in the current quarter the government would embark on the rehabilitation of the Oko-Oba Abattoir and Lairage Complex, Agege in line with the promise to increase meat production output, develop the red meat value chain and restructure the complex for improved operations.
Governor Ambode also said that the Neighbourhood Safety Corps would become operational in the current quarter with the recruitment of 5700 personnel, while 100 would be deployed to each of the local government to complement the efforts of other security agencies in policing the State.
Expressing optimism that 2017 holds great expectations for Lagos, especially as the State gets set to mark its landmark Golden Jubilee on May 27, his administration would continue with its urban regeneration initiatives, building new infrastructure and maintaining existing ones.
He listed some of the key projects to be done to include Agric-Isawo-Arepo Road in Ikorodu, Ajelogo–Akanimodo Road Rehabilitation, Oshodi to Murtala Mohammed Airport Road, Ketu-Alapere Inner Roads Phase II, Oke Oso–Araga–Poka in Epe, Topo Garage to VIP Chalet in Badagry, Ladipo Market Road and Multilayer Car Park , Mushin and establishment of Bus Terminals and depots in Yaba, Ikeja, Oyingbo, Anthony, Ketu and Toll Gate, while more beneficiaries will receive funding from the N25bn Employment Trust Fund in January.
Oba of Lagos, Mr Rilwan Akiolu, in his remarks urged the Governor to give priority to the construction of Adeniji-Adele Road and ensure the construction of other roads that deserve utmost attention in the area.
He also urged the Governor to improve the standard of markets in the area to enviable standards, while urging total reconstruction of non-approved and unauthorised buildings already built within major markets in Lagos Island.
Mr Akiolu further urged Lagosians to continue to cooperate and support the present administration as well as desist from any form of clandestine meetings that may undermine the progress of Governor Ambode’s administration.
Responding to questions that bordered on security, Lagos State Commissioner of Police, Mr Fatai Owoseni said with the continued support of the State Government, the Command increased the number of personnel in Ketu-Epe Police Post from two to seventy to effectively combat kidnapping and other crimes in Agbowa, Itoikin and environs, as well as transformed the hitherto abandoned Iyun Police Post to anti-kidnapping unit, while two gun boats were moved to Ejirin.
Mr Owoseni, however, urged traditional rulers and community elders to caution their subjects especially the youths on the need to be law abiding, shun all forms of criminal activities, and only be engaged in lawful means of livelihood.
By Adedapo Adesanya
The South African Consulate General in Lagos, in partnership with Brand South Africa and the Development Bank of Southern Africa (DBSA), is hosting the 4th edition of the South Africa Focus Week in Lagos, Nigeria, from April 22 – 26, 2026.
The annual platform continues to grow as a strategic initiative aimed at fostering social cohesion between South Africans and Nigerians while positioning South Africa as a preferred destination for business, tourism, and education. Since its inception in 2023, South Africa Focus Week has attracted over 1,500 participants, bringing together stakeholders from across sectors, including trade and investment, arts and culture, tourism, aviation, and the culinary industry.
The 2026 edition holds particular significance as it coincides with the 30th anniversary of South Africa’s democratic Constitution, enacted in 1996, as well as 32 years of unbroken diplomatic relations between South Africa and Nigeria, established in February 1994. These milestones underscore the enduring partnership between the two nations, rooted in shared history and strengthened through formal agreements and ongoing collaboration.
The 2025 economic relationship between South Africa and Nigeria reflects a strategically significant, multi-dimensional partnership anchored in trade, energy security, investment flows, and strong institutional cooperation. While bilateral trade remains structurally imbalanced – with South Africa exporting US$468.48 million and importing $1.69 billion, resulting in a $1.22 billion deficit – this dynamic is largely driven by South Africa’s reliance on Nigerian crude oil, positioning the relationship as one of strategic interdependence rather than imbalance alone.
This partnership is further elevated by the relative economic weight of both countries. According to IMF projections, South Africa’s economy is valued at approximately $443.6 billion, while Nigeria’s stands at around $334.3 billion in nominal terms for 2026. As two of the largest economies on the continent, their bilateral engagement constitutes a central axis of African economic activity, with disproportionate influence on the success of continental integration efforts.
Beyond trade, the relationship is reinforced by deep two-way investment linkages. South African firms -including MTN Group, Shoprite, and Standard Bank – maintain a strong presence in Nigeria, while Nigerian companies such as Access Bank and Paystack have established a growing footprint in South Africa. Although investment flows are asymmetrical and some Nigerian firms have faced operational challenges, these exchanges reflect an emerging bi-directional economic corridor that extends beyond goods trade into services, finance, and digital innovation.
Aligned with Brand South Africa’s mandate to build the country’s global reputation and competitiveness, the week-long programme will convene leaders from government, business, civil society, academia, and the media. Discussions will focus on leveraging the African Continental Free Trade Area (AfCFTA) as a tool for market access and global positioning, with Nigeria serving as a key focal point.
The South Africa Focus Week has features a series of high-level engagements and cultural activities designed to deepen economic ties and promote collaboration: South Africa–Nigeria Infrastructure Investment Conference (April 22, 2026) which was held under the theme South Africa–Nigeria Partnership: Unlocking Infrastructure Opportunities,” the conference will bring together key stakeholders in infrastructure development to explore collaborative projects in road, rail, and transportation systems.
The forum also examined the role of Public–Private Partnerships (PPPs) and facilitated discussions on project financing and implementation with institutions such as the DBSA and Nigeria’s Infrastructure Concession Regulatory Commission (ICRC).
This was followed by the 2nd Economic Diplomacy Roundtable (Thursday, April 23, 2026), which was hosted in partnership with MTN Nigeria under the theme Role of Technology in Infrastructure Development, the roundtable will convene senior government officials, private sector leaders, and industry experts to identify investment opportunities and strengthen strategic partnerships.
Friday, April 24, was for Arts and Culture Experience, which is a dedicated cultural day will showcase Lagos’ creative spaces and features a panel discussion on South Africa’s arts, film, music, and culture. The programme includes a South African film screening, engagements with filmmakers, and a networking reception aimed at fostering collaboration between the creative industries of both countries.
The event continues on Thursday, April 25, with Freedom Day Celebration and Closing Ceremony. This commemorative event will celebrate 30 years of South Africa’s Constitution, 32 years of freedom and democracy, and the enduring diplomatic relations between South Africa and Nigeria. The ceremony will also provide an opportunity to reflect on outcomes from the week and outline future areas of cooperation.
The celebration forms part of Brand South Africa’s Global South Africans Programme, which recognises and connects South Africans in the diaspora as ambassadors of the nation’s values and identity.
The week climaxes with the 4th edition of the South Africa Golf Tournament at Ikoyi Golf Club on Saturday, April 26, 2026, which will be done in partnership with Crossflex International.
According to a statement, the event aims to strengthen people-to-people relations through sports diplomacy, bringing together South African and Nigerian golfers in a spirit of camaraderie and collaboration.
By Modupe Gbadeyanka
The former chairman of the defunct Skye Bank Plc, Mr Tunde Ayeni, has been apprehended by the Economic and Financial Crimes Commission (EFCC).
Spokesperson of the anti-money laundering agency, Mr Dele Oyewale, confirmed the arrest of the businessman on Friday but declined to provide further details, according to TheCable.
Mr Ayeni was accused of diverting the N36.5 billion and $30 million loans from Polaris Bank Limited to companies with which he has links.
He was alleged to have obtained the credit facilities for marine security, electricity distribution, and real estate projects, but moved them to telecom investments tied to NITEL/MTEL assets via a NATCOM account.
After the Central Bank of Nigeria (CBN) revoked the operating licence of Skye Bank in 2018, it nationalised it to Polaris Bank.
The EFCC has been looking into the alleged diversion of funds by Mr Ayeni, resulting in his arrest in Abuja on Thursday, April 23, 2026.
He is being grilled over the matter and would be arraigned in court once the investigation is concluded.
This is not the first time Mr Ayeni has been nabbed and probed by the EFCC, as this happened a few months after his bank lost its licence.
The then acting spokesman for the EFCC, Mr Tony Orilade, said Mr Ayeni was quizzed by detectives over issues related to fraud and embezzlement allegedly committed by him when he was Chairman of the bank a few years ago.
By Adedapo Adesanya
“We are fully committed to working with the new Commissioner of Police and giving all necessary support towards the successful discharge of his responsibilities.”
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