General
Lagos Gives 120 5KVA Generating Sets to Police Formations
By Dipo Olowookere
About 120 new 5KVA generating sets were on Monday handed over to all police formations in Lagos State by Governor Akinwunmi Ambode.
Mr Ambode, while handing over the generating sets to the Commissioner of Police, Mr Imohimi Edgal, reiterated his administration’s commitment to ensure the enforcement of rule of law and safety of lives and property in the state, just as he said that his vision was for the state to be among the safest places to live and work in Africa.
He further pledged to continue to support security agencies in the state to ensure optimal performance.
Governor Ambode, who was represented at the brief handing over ceremony by the Chairman of Lagos State Security Trust Fund (LSSTF), Mr Oye-Hassan Odukale, said the security of residents and investors remain one of the cardinal objectives of his administration, and that government would not relent in coming up with initiatives and programmes to guarantee safety of the people.
He said the generating sets were procured by the Fund to ensure that police formations in the State work optimally in their mandate of safeguarding lives and property.
According to him, “Lagos State is the safest State and we hope to make the State to be among the safest States in Africa which is our objective at the Fund. Anything about security is given high priority by our administration. Lagosians are now feeling safe. The safety that we are experiencing doesn’t come cheap but I like to assure that at the Fund, we are always willing to move at any time to ensure that we keep Lagos safe.”
The Governor also congratulated the new Commissioner of Police in the State, Mr Imohimi Edgal, and pledged to work with him to ensure the safety of the people.
He said aside the provision of the generating sets, the LSSTF had also been mandated to carry out the installations of the new equipment in all the Divisions and Area Commands in the State.
Besides, Governor Ambode urged police officers to take good care of the generating sets and use them for the purpose meant for the overall benefit and safety of the people.
Responding, the Commissioner of Police thanked Governor Ambode for the gesture, saying that the generating sets could not have come at a better time.
While assuring that the generating sets would be put to optimal use, Mr Edgal said that the facility would go a long way to ensuring that the divisional and area commands are well lit up to enable them effectively enforce the laws of the land.
“You can imagine the confidence members of the public will have if divisional headquarters and area commands are lit with the confidence that their matters would be earnestly addressed.
“Power is very essential. Our communication gadgets, especially phones need to be charged. You cannot function anywhere, you can’t take complains, you can’t give directives to field officers when there is no power. These generating sets are very valuable to us,” the CP said.
Earlier, in his welcome address, Executive Secretary of LSSTF, Dr Abdulrazak Balogun said the generating sets would be distributed across the 107 Police Divisions and 13 Area Commands in the State.
He said the procurement of the generating sets was in furtherance of the Light Up Lagos Project of the present administration aimed at ensuring that every nook and cranny of the State are well lit.
He said, “The procurement is also in tandem with Governor Ambode’s vision of a secured and investment-friendly Lagos. Police formations are critical to securing lives and property in the State and it is very important that these stations function optimally.
“This is why the Lagos State Security Council recommended the provision of power generating sets for these stations and the State Security Trust Fund expeditiously approved the expenditure.”
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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