General
Lagosians Blast Ambode Over Public Holiday Declared for Buhari’s Visit

By Modupe Gbadeyanka
On Tuesday, the Lagos State government declared Thursday, March 29, 2018 as work free day in the state to welcome President Muhammadu Buhari, who is on a two-day working visit to the metropolis.
A statement issued by Commissioner for Information and Strategy, Mr Kehinde Bamigbetan, explained that the holiday was to allow residents of the ‘Aquatic State’ come out enmasse to welcome the President.
In the statement, Mr Bamigbetan urged residents to adhere to the security guidance earlier announced to make the visit as peaceful and orderly.
While in Lagos, Mr Buhari will commission the new Ikeja Bus Terminal, attend a colloquium in honour of national leader of the All Progressives Congress (APC) and former governor of the state, Mr Bola Tinubu, and as well as embark on tour of the Eko Atlantic City, among others.
During the visit, traffic would be diverted in some routes and Commissioner of Police in the state, Mr Imohimi Edgal, during a press briefing yesterday at the Lagos House in Alausa, Ikeja, said adequate preparations have been made to mitigate the impact of the road diversions on residents, while access would be given to any emergency situation.
Mr Edgal, who addressed the briefing alongside heads of security and emergency agencies in the state, said, “To ensure smooth, security-free visit of the President, we would need to do some diversions.
“Some certain roads will be closed at certain times; some diversions will be made but I want to use this opportunity to appeal for the support and understanding of Lagosians that this temporary road closures and diversions might cause a little inconvenience.
“We want the people to bear with us to ensure that we all join hands together to make the visit of Mr. President not only hitch-free but also very memorable.
“The road closures and diversions will be very temporary and immediately the President leaves a certain location, that area will be opened very quickly for the general public. We have also made adequate arrangements to mitigate the impact of the closures on residents.”
He listed the areas to be affected to include Bank Anthony Way in Ikeja, Agege Motor Road, a section of Eko Hotel Road in Victoria Island and Old Marina in Ikoyi axis.
Besides, Mr Edgal said security arrangement was already in top gear and that people would see a lot of deployment of personal of both military and civil logistics adding that it is nothing to worry about.
“We have done the necessary threat assessments; we have reached out to all stakeholders in areas that we believe we should reach out to them to ensure their full cooperation. We are using this opportunity to call again on the Okada Unions and the National Union of Road Transport Workers that they must abide with the terms of agreement we reached during meetings with them regarding the visit.
“We will not want to see commercial motorcycles plying the prohibited routes of Agege Motor Road, Bank Anthony Way and anywhere on the Island. Should that order be disobeyed, we would be constrained to ensure that you are arrested with your motorcycles impounded.
“Whoever is also found as a passenger will also be arrested and prosecuted so do not patronize these Okadas on these prohibited routes not only for the purpose of the visit but also to ensure that Lagos State Laws on the regulation of commercial motorbikes are obeyed at all times,” Mr Edgal warned.
He added that three locations have been designated for all first emergency responders to station their equipment and officials including the Police, National Emergency Management Agency (NEMA), Lagos State Emergency Management Agency (LASEMA), LASAMBUS, Civil Defence, Fire Brigade, among others at Ikeja, Victoria Island and Free Trade Zone at Lekki-Akodo axis.
On the Apapa gridlock which has spilled over to other parts of the state, the police chief said while the Joint Task Force set up by the state government was already working to ensure free-flow of traffic, the government nonetheless has commenced the construction of a new Trailer Park in Ijora axis that can conveniently accommodate 2,800 trucks and tanker at a time.
“The Governor of Lagos State, Mr Akinwunmi Ambode, in collaboration with stakeholders, has identified a location known as the White Sand in Ijora axis and we have done an assessment of the place with my colleagues in other agencies and all shanties there have been destroyed.
“Now, the state government has given out the contract to a firm and they are now smoothening up the place. It has the capacity to take well over 2,800 trucks and tankers at the same time. Work is ongoing there at a very fast pace and I can assure Lagosians that very soon, the place will be completed and we intend to move all trucks, tankers to that location and as soon as that is done, we would have permanently take care of this trucks and tankers,” he said.
But reactions have trailed this announcement by the state government with some residents castigating Mr Ambode for declaring a public holiday to welcome the President.
They argued that it was wrong to shut down economy of a ‘mega city’ just because the President was commissioning a ‘mere’ bus terminal that has minute effect on the economy at large.
Furthermore, the critics said it was insensitive to declared Thursday a work free day when Friday and Monday have already been declared as public holidays by Federal Government to mark Easter break.
A journalist with Bloomberg, Mr Paul Wallace, who wrote on his Twitter page, “#Nigeria’s President #Buhari is going to be in #Lagos on Thursday for the first time in a while and Lagos State government has declared it a “work free day,” had many Nigerian lambasting Lagos Governor for the move.
“Senseless set of leaders, declaring work free day for failed president…Lagos is (an emoji showing a face with medical mask),” one of the commenters said.
Another said, “Declare a work-free day, just like that; this doesn’t add up as many businesses especially banks will be adversely affected with Friday and Monday already public holidays.”
“Grounding To A Halt Businesses On A Thursday For The Commissioning Of A “BUS TERMINAL” ??? Outright Rubbish!!!..” a commenter also wrote.
“Arrant nonsense! How does this even make sense to our government? Shutting down a state for a whole day just to commission a bus station! Gutted!” another person said.
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.
-
Feature/OPED5 years ago
Davos was Different this year
-
Travel/Tourism9 years ago
Lagos Seals Western Lodge Hotel In Ikorodu
-
Showbiz2 years ago
Estranged Lover Releases Videos of Empress Njamah Bathing
-
Banking7 years ago
Sort Codes of GTBank Branches in Nigeria
-
Economy2 years ago
Subsidy Removal: CNG at N130 Per Litre Cheaper Than Petrol—IPMAN
-
Banking2 years ago
First Bank Announces Planned Downtime
-
Sports2 years ago
Highest Paid Nigerian Footballer – How Much Do Nigerian Footballers Earn
-
Technology4 years ago
How To Link Your MTN, Airtel, Glo, 9mobile Lines to NIN