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We’ll continue to provide enabling environment for young entrepreneur, says Gov Ambode

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6 years ago

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Lagos State Governor Akinwunmi Ambode has pledged that his administration would continue to pay greater attention to the growth of young entrepreneurs and back it up with an enabling environment and friendly policies that will enhance success of their business initiatives.

Governor Ambode spoke through the Senior Special Assistant, Ministry of Wealth Creation and Employment, Mrs Temiwunmi Laura Tope-Banjoko at the TEXPO Technology Exhibition programme organised by TEXPO in conjunction with PurpleChip for over 500 youths and young entrepreneurial in Lagos.

Theme: “Driving affordable and sustainable innovation”.

She said Lagos State employment Trust Fund (LSETF) was established by the Lagos State Government under the Lagos Employment Trust Fund Law 2016, just to ensure financial support are rendering to the residents of the state to tackle unemployment and wealth creations.

She said Governor Ambode decided to built the Information and Communication Technology (ICT) when noticed Nigeria among other African countries is not left behind in technology driven. Adding that Yaba ICT Hub is planned to be the platform for the congregation of technology & innovative entrepreneurs, capital, infrastructure and allied services for the germination, acceleration, penetration and adoption of IT and innovation in upscaling business, administrative functionalities and the ease of daily living.

She said the LSETF is open to all young entrepreneurial without any bureaucracy since such person can meets up with the required criteria.

She urged the young entrepreneurial not to sheathe their ideas and innovations but to ensure they didn’t jump into any business without knowing fully the rudiments guiding such business.

She urged them to mingle with mentors who can set them on the right path of establishing a business and accomplished their innovations, saying through that they can also have access to investors or organisations who can grant them startup loans.

The programme, according to its coordinator, Mr Adetolani Eko, is an annual event aimed at encouraging young and innovative technology entrepreneurs in Nigeria and Africas at large as a force to reckon with in the world’s technology market.

He said it gives the country’s stakeholders the ecosystem an opportunity to interact and showcase their products as it features industry influencers, exhibitors and potential investors.

He said the programme would always provide an opportunity for technology entrepreneurs to find investors and mentors for them and their products, provide a platform for start-ups to exhibit their products, create an avenue for start-ups to get funding, provide an avenue for entrepreneurs to interact, help start-ups receive feedback on their products before it hits the market, sensitise youth and recalibrate their thought process and as well motivate and inspire young technology entrepreneur and tech enthusiasts.”

He said TEXPO will always be different from all other technology exhibitions through having experienced, and passionate keynote speakers who also aimed at creating platforms where stakeholders in different aspects of Technology such as Hardware, Software, A.I technologies among others can exhibit their products, get feedback and advice from industry experts and find potential investors.

He urged youths not to pockets their innovations but continue striving for its accomplished.

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Former Governor Ifeanyi Okowa, Spends Second Night In EFCC’s Cell Over N1.3 Trillion Alleged Fraud

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18 hours ago

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November 7, 2024

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Immediate past governor of Delta State, Ifeanyi Okowa, who was arrested and detained by the Economic and Financial Crimes Commission (EFCC) has spent second night in the custody of the anti-graft commission.

 

Okowa is currently being investigated and detained over the alleged diversion of N1.3 trillion.

 

The N1.3 trillion reportedly represents the 13% derivation fund from the federation account between 2015 and 2023.

 

According to sources within the commission, Okowa was invited to the EFCC office in Port Harcourt, Rivers State, where he’s subsequently detained by officials.

 

One of the sources stated, “Okowa was at our Port Harcourt office following an invitation from investigators probing the allegations against him. He was then arrested. The commission is investigating him regarding the N1.3 trillion 13% derivation fund from the federation account between 2015 and 2023.

 

“He is also accused of failing to account for the funds, as well as another N40 billion he allegedly claimed was used to acquire shares in UTM Floating Liquefied Natural Gas. He reportedly bought shares worth N40 billion in one of the country’s major banks, representing an 8% equity stake, to support the offshore LNG project. The funds are alleged to have been misappropriated for other purposes.

Investigators are also examining the alleged diversion of funds by the former governor to acquire estates in Abuja and Asaba, Delta State. He is currently being held at the EFCC facility in Port Harcourt.

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Lagos Government Shuts Down Redeemed Church, Celestial Church, Clubs, Event Centres Over Noise Pollution

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1 day ago

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November 6, 2024

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The Lagos State government has shut down a branch of Pastor E. A. Adeboye’s Redeemed Christian Church of God, a Celestial church, nightclubs and event centres over noise pollution.

The Commissioner for Environment and Water Resources, Tokunbo Wahab, who made this known on Wednesday, said the churches, clubs and event centres were sealed on Tuesday by the Lagos State Environmental Protection Agency (LASEPA) in the Ogudu, Gbagada, Iyana Ejigbo, Isolo, Ajao Estate, Oshodi, Ilasamaja, and Okota areas of the state.

The sealed establishments include: Redeemed Christian Church of God, Celestial Church of God, OMA Nightclub and Lounge, Lounge & Lodging, Bridge Spot Bar, Okiki Event Center and Hall, Emota Paradise Hotel (Phase 2), CF Hotel & Suites, House 27 Hotel & Suites, Echo Spring Hotel, and Smile T Continental Hotel.

The commissioner in a post on X said, “In a bid to address noise pollution and other environmental violations, the Lagos State Environmental Protection Agency (LASEPA) took action yesterday, closing down several establishments across different parts of the state.

“This enforcement drive, focusing on areas like Ogudu, Gbagada, Iyana Ejigbo, Isolo, Ajao Estate, Oshodi, Ilasamaja, and Okota, is part of LASEPA’s continuous efforts to uphold environmental standards and safeguard public health.

“The affected establishments include Honourable Lounge & Lodging, Redeemed Christian Church of God, Celestial Church of God, OMA Nightclub and Lounge, Bridge Spot Bar, Okiki Event Center and Hall, Emota Paradise Hotel (Phase 2), CF Hotel & Suites, House 27 Hotel & Suites, Echo Spring Hotel, and Smile T Continental Hotel.”

 

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Gen. Taoreed Lagbaja: Tinubu directs flags be flown at half-mast

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1 day ago

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November 6, 2024

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President Bola Tinubu has directed that Nigeria’s national flags be flown at half mast for seven days across the country to mourn the passing of the late Chief of Army Staff, Lt. Gen. Taoreed Lagbaja.

The late Army chief, who was appointed by Tinubu on 19 June 2023, was said to have passed away on Tuesday night after a prolonged illness.

The Secretary to the Government of the Federation, George Akume, in a statement on Wednesday by his office Director of Information & Public Relations, Segun Imohiosen, said the president expressed regret over Lagbaja’s death.

Akume said, “President Bola Tinubu has expressed regret following the death of the Chief of Army Staff, Lieutenant General Taoreed Abiodun Lagbaja, after a brief illness at the age of 56.

“The President has directed that national flags be flown at half mast throughout the country for seven days in honour of the departed Army chief.

“He profoundly appreciates the services of the departed to the nation and wishes the family the fortitude to bear the great loss.”

Meanwhile, the Ministers of Defence, Mohammed Badaru and Bello Matawalle, have commiserated with the president, the military, and Lagbaja’s family over his death.

In a statement by the Ministry’s spokesperson, Henshaw Ogubike, the ministers described Lagbaja’s death as a great loss to his family, the Army, and the nation at large.

“The passing on to eternal glory shocked us at the Ministry of Defence, as our working relationship with him was commendable; he exhibited the spirit of camaraderie and cooperation with us in the discharge of our mandate.

“The late Chief of Army Staff contributed significantly to internal security operations across Nigeria and also exhibited a high level of professionalism.

“He will be greatly missed by the family, the military, and the nation, as he served the nation with commitment and dedication,” the statement added.

 

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