General
Sanwo-Olu’s Nominees Rejected for Poor Performance—Obasa
By Aduragbemi Omiyale
The Speaker of the Lagos State House of Assembly, Mr Mudashiru Obasa, has hinted that the state parliament failed to confirm 17 of the persons nominated as Commissioners by Governor Babajide Sanwo-Olu because they did not perform well in their first term in office between 2019 and 2023.
He said this on Monday while reacting to comments made by critics that the Lagos Assembly rejected the nominees because of an alleged in-fighting between the executive and the legislative arms of government.
However, he noted that the House would not be forced to spill some secrets to the public, warning those “living in glass houses…to be careful.”
He emphasised that the parliament would not be intimidated to carry out its constitutional role, submitting that if the rejected nominees “have not done well, we have right to say no and we have said no.”
“We don’t want instigations and conflicts; the executive and the House are working together; we are brothers and colleagues; we will continue to work together, but we need to caution fourth columnists not to instigate crisis,” Mr Obasa stressed.
As regards the rejection of the former Commissioner for Health, Prof Akin Ababyomi, the visibly angry Speaker said considerations went beyond his efforts in the fight against COVID-19, which he described as an isolated issue in the challenged health sector of the state.
“Before Prof Abayomi, there were Leke Pitan, Dr Jide Idris and others. COVID-19 was an isolated case that was considered. Before COVID-19, we had Ebola which was also taken care of under Babatunde Fashola.
“Beyond all these, we are the representatives of the people, their mouthpieces, eyes and ears. The health sector of Lagos is not just about COVID-19. We have general hospitals and other healthcare centres around the State. What can be said about them?
“Before Engineer Aramide Adeyoye, we also had Engineer Ganiyu Johnson and Dr Obafemi Hamzat as Commissioner for Works and under whom the Ikoyi-Victoria Island link bridge was built while Babatunde Fashola was Governor. Under Bola Tinubu as Governor, there was a massive infrastructural development too.
“So, we must stop making allusions concerning some things we do not understand. They mentioned the former Commissioner for Information, Gbenga Omotosho and his experience, but how about actions in office?” Mr Obasa asked.
He said the civil society groups, which are threatening to protest the action of the parliament, have the right to do so but maintained that “we are not going to be threatened or intimidated. We have said no, but if there is a convincing or germane reason for us to reverse our decision, we will, but not by threats.”
He stressed that the House is not at loggerheads with the Governor, describing Mr Sanwo-Olu as his “brother and colleague in the Lagos project and service to the people of our state.”
“The Governor and I have been around in the system for a long time. While he was SA to the former Deputy Governor, Femi Pedro, I was in this House as the Chairman of the House Committee on Rural Development.
“He was SA on Establishment and Pensions, and I was the Chairman of the House Committee on Public Accounts (Local Governments).
“While he was heading LSDPC, I was Chairman of the House Committee on Economic Planning and Budget. Then, I became the Speaker, and when he became the Governor, I remained the Speaker. So, it’s been a long journey together,” he stated.
Recall that after he was sworn in as Governor of Lagos State for a second term of four years in office, Mr Sanwo-Olu forwarded the names of 39 persons to the House for screening and confirmation as Commissioners.
However, last week, the state legislative arm of the government cleared 22 and rejected 17. It did not explain the reason for this action until yesterday after the Lagos Assembly came under criticism from members of the public.
General
NCSP Strengthens Strategic Investment Cooperation With China
By Adedapo Adesanya
The Nigeria–China Strategic Partnership (NCSP) recently hosted a high-level delegation from Newryton International Industrial Development Company Limited, a leading Chinese investment and industrial development consortium, to advance discussions on deepening bilateral trade, industrial cooperation, and development financing between both countries.
The Newryton delegation, led by Mr David Chen, Assistant Secretary-General of the China Hainan Investment Council, had earlier engaged with the Nigerian Association of Commerce, Industry, Mines and Agriculture (NACCIMA). They were accompanied to the NCSP by Mr Joe Onyuike, Vice-Chairman of NACCIMA’s Agriculture and Livestock Trade Group, who conveyed NACCIMA’s support for the delegation’s engagements.
Discussions centered on the establishment of a Nigeria–China Trade and Investment Platform, including a proposed Promotion Centre in China to support Nigerian products, investors, and state governments.
The consortium also presented opportunities within Hainan Province’s Free Trade Port (FTP), which offers preferential policies that Nigerian businesses can leverage to expand exports and attract new investments.
In his address on behalf of Newryton, Mr Pong outlined plans to collaborate with NCSP in accessing FOCAC-supported financing for strategic investments in agriculture, energy, mining, solid minerals processing, and related sectors. The delegation identified aquaculture as a key area of interest and referenced the forthcoming Global Aquaculture Conference in Hainan Province, encouraging Nigerian stakeholders to participate.
They also expressed readiness to strengthen cooperation in vocational training and employment under the Belt and Road Initiative (BRI).
Welcoming the delegation on behalf of the Director-General, Martins Olajide, NCSP’s Head of Internal Operations, reaffirmed the organisation’s commitment to fostering mutually beneficial partnerships.
He highlighted NCSP’s strong interest in the proposed Nigeria–China Trade and Investment Platform and the development of the Nigerian Oil Palm Industrial Park as a flagship demonstration project.
Also speaking at the meeting, Ms Judy Melifonwu, NCSP’s Head of International Relations, underscored the opportunities presented by China’s zero-tariff policy and the forthcoming NAQS–GACC protocol on the export of Nigerian aquaculture products. She noted that these frameworks would significantly enhance Nigeria’s competitiveness in emerging global markets.
Both parties expressed commitment to advancing discussions toward a structured cooperation framework covering all priority areas.
General
UKNIAF Marks Six Years Infrastructure Support to Nigeria
By Adedapo Adesanya
The United Kingdom–Nigeria Infrastructure Advisory Facility (UKNIAF), established in 2019 as part of a 16-year legacy of UK-funded infrastructure support to Nigeria, convened over 100 senior stakeholders on Tuesday, December 2, to review its progress and formally close out its current phase of operations.
The event brought together representatives from federal and state governments, development partners, development finance institutions, and the private sector to reflect on UKNIAF’s work across the power, infrastructure finance, and roads sectors. Discussions focused on institutional reforms, capacity development, and the sustainability of tools and processes introduced over the past six years.
Since inception, UKNIAF has delivered targeted technical assistance designed to embed evidence-based reforms, data-driven decision-making, and improved institutional performance. Its interventions have mobilised significant financing, strengthened regulatory and planning systems, and enhanced investor readiness across multiple infrastructure markets.
In the power sector, participants highlighted landmark achievements including the development of Nigeria’s first Integrated Resource Plan, which outlines a least-cost and low-carbon pathway for expanding electricity supply. UKNIAF also supported the Nigerian Electricity Regulatory Commission (NERC) in building advanced real-time data capabilities for tariff monitoring, grid management, and outage tracking. The programme enabled pioneering states to establish their own electricity markets following constitutional reforms.
In infrastructure finance, UKNIAF was recognised for strengthening project preparation systems and enabling access to capital. Notable accomplishments include supporting the mobilisation of $75 million from the African Development Bank to the Special Agro-Industrial Processing Zone (SAPZ) programme in two states, and accelerating mini-grid and solar deployment through improved technical standards at the Rural Electrification Agency (REA).
UKNIAF also designed a national project preparation facility, for which N21 billion was allocated in both the 2024 and 2025 budgets to build a pipeline of bankable projects.
Speaking on this, Mr Frank Edozie, UKNIAF Team Lead, described the programme’s close-out as a “handover for sustained delivery,” emphasising that strengthened institutions now hold tools that make Nigeria’s infrastructure landscape more transparent, climate-smart, and investor-ready.
On his part, the Minister of Power, Mr Adebayo Adelabu, commended the programme, noting that its technical assistance and advisory services had helped lay the foundation for a sustainable and inclusive electricity supply industry.
Mrs Cynthia Rowe, Head of Development Corporation at the UK Foreign, Commonwealth and Development Office (FCDO) in Nigeria, praised the partnership, highlighting achievements ranging from state-level electricity market reforms to unlocking major financing and designing Nigeria’s Climate Change Fund.
Enugu State Secretary to the State Government, Professor Chidiebere Onyia, underscored the lasting influence of the programme, stating that UKNIAF’s impact continues through the expertise and leadership transferred to national and sub-national institutions.
The close-out event reaffirmed stakeholders’ commitment to sustaining tools, reforms, and knowledge products developed under UKNIAF, while strengthening collaboration among public, private, and development actors in the infrastructure ecosystem.
Participants included federal and state agencies such as the Nigeria Governors’ Forum, Federal Ministry of Power, Ministry of Finance, NERC, REA, and the Transmission Company of Nigeria, alongside development partners including the African Development Bank, World Bank, and IFC, as well as private sector and civil society stakeholders.
General
Dangote Refinery Reduces PMS Pump Price to N699 Per Litre
By Aduragbemi Omiyale
The gantry price of Premium Motor Spirit (PMS), otherwise known as petrol, has been slashed by the Dangote Petroleum Refinery.
The Lagos-based oil facility brought down the ex-depot price of the petroleum product by 15.58 per cent or N129 per litre to N828 per litre.
Though the company had yet to release an official statement on this development, real-time market data on Petroleumprice.ng on Friday showed the new price.
Punch reports that data from the platform also showed fresh reductions across several private depots following the refinery’s latest review.
Sigmund Depot cut its ex-depot price by N4 to N824 per litre, Bulk Strategic dropped its price by N3, and TechnoOil slashed its by N15.
-
Feature/OPED6 years agoDavos was Different this year
-
Travel/Tourism9 years ago
Lagos Seals Western Lodge Hotel In Ikorodu
-
Showbiz3 years agoEstranged Lover Releases Videos of Empress Njamah Bathing
-
Banking7 years agoSort Codes of GTBank Branches in Nigeria
-
Economy3 years agoSubsidy Removal: CNG at N130 Per Litre Cheaper Than Petrol—IPMAN
-
Banking3 years agoFirst Bank Announces Planned Downtime
-
Banking3 years agoSort Codes of UBA Branches in Nigeria
-
Sports3 years agoHighest Paid Nigerian Footballer – How Much Do Nigerian Footballers Earn











