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Lagos Unveils Youth Developmental Roadmap

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By Dipo Olowookere

Lagos State Government has unveiled a policy roadmap designed to engender meaningful engagement and enhance the quality of life of the teeming youths of the State.

Speaking at the public presentation of the Policy on Tuesday in Alausa, the Commissioner for Youth and Social Development, Mrs Uzamat Akinbile-Yussuf said the Policy is a well-designed framework that clearly articulates and provides roadmap for addressing the needs of Lagos State youths.

The Commissioner noted that the evolving socio-economic issues, new and innovative opportunities and the peculiarities of the State made the review of the already existing National Youth Policy of 2009 inevitable and essential.

“The whole idea of the state youth policy is to integrate the needs of Lagos youths with the State’s Development Plan in line with the long-term vision of the State Government. It is important for activities and plans for youth development to align with the Lagos State vision for the overall development of the state,” she said.

She said that though the policy recognizes the fact that all young people have common experiences, share similar aspirations and concerns , the needs and concerns of the different segments of the youth population differ and must be addressed with identified peculiarities.

“The document identified the core areas of needs of the youth in the State to include Eradication of Poverty, Improved Education and Health Care Delivery, Agriculture, Politics and Decision Making, Conflict Prevention and Peace Building, Sports and Recreation, Family Life among others,” she added.

Mrs Akinbile-Yussuf, however, maintained that the effective implementation of the policy depends on an active institutional framework, robust political backing, active administrative and technical support of all concerned stakeholders.

In her remarks, the State Commissioner for Women Affairs and Poverty Alleviation, Mrs Lola Akande decried the present situation of the country where unemployed youths depend on their parents for survival even after university graduation.

Mrs Akande, however, thanked the State Governor, Mr Akinwunmi Ambode for his effort at correcting the anomaly and in making the youth independent through several empowerment initiatives.

She advised unemployed undergraduates in the state to, in addition to academic pursuits, learn skills that would make them independent.

The Permanent Secretary in the Ministry, Mr Hakeem Muri-Okunola said that the policy represents the statement of commitment and vision of the state government to the overall growth and development of youths in the State.

He called for the support and active involvement of all relevant ministries, departments and agencies, youth organizations, private sector, the civil society and the public in the implementation and realization of the fifteen thematic areas of intervention identified as piority for youth development in the state.

The Youth Policy was unveiled by the lawmaker representing Surulere 1 in the State House of Assembly, Mr Desmond Elliot alongside the House of Assembly Chairman on Youth and Social Development, Mr Adedamola Richard-Kasumu.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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Tinubu in UAE for 2025 Abu Dhabi Sustainability Week

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By Modupe Gbadeyanka

President Bola Tinubu on Saturday, January 11, 2025, left the shores of Nigeria for the United Arab Emirates to take part in the 2025 Abu Dhabi Sustainability Week (ADSW 2025).

He was accompanied by the Minister of Foreign Affairs, Mr Yusuf Tuggar, and other senior government officials.

A statement issued by the Special Adviser to the President on Information and Strategy, Mr Bayo Onanuga, disclosed that Mr Tinubu was invited for the event by his UAE counterpart, Mr Mohamed bin Zayed Al Nahyan.

He will attend the programme starting from today, Sunday, January 12 to Saturday, January 18, 2025.

However, President Tinubu is expected to return to Nigeria before the end of the summit on Thursday, January 16, 2025.

The event, themed The Nexus of Next; Supercharging Sustainable Progress, is expected to bring together global leaders to accelerate sustainable development and advance socioeconomic progress.

In addition, it will enable policymakers, business, and civil society leaders to explore pathways to fast-track the transformation to a sustainable economy and evolve a new era of prosperity for all.

ADSW, a testament to the power of collaboration, has been held annually for over 15 years. It provides a global platform to foster multi-stakeholder cooperation in addressing global challenges and accelerating growth.

It has birthed high-value agreements and strategic partnerships between governments, industry leaders, and clean energy pioneers worldwide, driving impactful alliances and advancing the sustainability agenda worldwide.

At the event, President Tinubu will stress his administration’s reforms, including those related to energy sufficiency, transportation, public health, and economic development.

The Nigerian leader and his entourage will also meet with the emirate’s leadership to discuss issues of interest affecting the two nations.

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Lagos Speaker Mudashiru Obasa Faces Renewed Scrutiny Over Financial Mismanagement

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By Dipo Olowookere

The Speaker of the Lagos State House of ​Assembly, Mr Mudashiru Obasa, remains at the centre of a storm of corruption allegations that have plagued his tenure.

Critics, anti-corruption groups, and opposition leaders have accused him of financial mismanagement, extravagant spending, and abuse of office, yet no substantive action has been taken against him.

Recent reports by People’s Gazette revealed that the 40-member Lagos State House of Assembly, under Mr Obasa’s leadership, spent over N43 billion on “back-up vehicles for honourable members” between January 2023 and the third quarter of 2024.

This expenditure, part of a larger N90.5 billion disbursed for questionable projects, has raised concerns among Lagos residents about the state’s priorities amid widespread economic hardship.

Budget documents showed the Assembly spent about N30.1 billion on vehicles in 2023 and about N13.3 billion in the first three quarters of 2024. Critics argued that these sums, which equate to roughly N1.1 billion per lawmaker, were frivolous.

Mr Obasa has faced allegations of corruptions since early in his tenure, including reports of owning over 60 bank accounts used to misappropriate public funds. In 2019, People’s Gazette reported that the lawmaker conducted suspicious foreign exchange transactions totaling $2.4 million (N1.1 billion). These funds were allegedly funneled through personal accounts and mutual fund investments.

In October 2020, the Economic and Financial Crimes Commission (EFCC) invited the Speaker for questioning over allegations of fraud. Despite evidence of financial impropriety, including allegations of inflated contracts and misappropriated Assembly funds, the EFCC has yet to take decisive action. Protests led by civil society groups like the Civil Society Network Against Corruption (CISNAC) demanding accountability have yielded little progress.

Mr Obasa has consistently denied these allegations. Speaking at a recent plenary, he dismissed claims of spending N17 billion on constructing a gate as “spurious and funny.”

He also refuted allegations of spending N200 million on a nonexistent thanksgiving service, attributing the accusations to political fear-mongering ahead of the 2027 elections.

However, critics have dismissed these defenses as self-serving. A 2020 House panel, composed of Mr Obasa’s allies, cleared him of wrongdoing—a decision labeled a “kangaroo judgment” by anti-corruption advocates.

Prominent anti-corruption campaigner, Mr Olanrewaju Suraju, has urged the EFCC to act on the mounting evidence against Mr Obasa, warning that his actions undermine legislative independence and public trust.

“These revelations justify the urgent need for mechanisms to enforce probity and accountability in public office,” Mr Suraju said.

Despite the scandals, Mr Obasa appears unperturbed and untouchable, with analysts attributing his survival to political connections and an entrenched culture of impunity.

As Lagos State prepares for the 2027 elections, the Speaker’s continued tenure symbolizes a broader challenge of corruption and governance in Nigeria’s political landscape.

Observers now await further developments as pressure mounts on anti-graft agencies to act decisively.

For Lagos residents, however, the scandals highlight a troubling disconnect between political leadership and the needs of the people.

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Nigeria Suffers First National Grid Collapse of 2025

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By Modupe Gbadeyanka

Residents of Nigeria experienced a power outage on Saturday, January 11, 2025, after the national grid collapsed.

It was the first that occurred this year and it happened at about 3 pm today, according to information gathered by Business Post.

Last year, the nation recorded about 12 grid collapse that almost embarrassed the government, which later set up a team to look into the causes of the frequent collapse of the grid.

It was later that today’s incident occurred after power generation went down from 2,111.01 megawatts at 2:00 pm to about 390.20 megawatts by 4:55 pm.

This development caused a cut in power supply in most parts of the country, but the situation has been brought under control, with electricity restored in most affected areas.

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