Cross section of participants at the event

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The Federal Competition and Consumer Protection Commission (FCCPC) has commended the Lagos State Electricity Regulatory Commission (LASERC) for recent consumer focused reforms aimed at stopping estimated billing within the Lagos electricity market.

The Commission particularly welcomed LASERC’s position in the 2025 Lagos Electricity Market Report supporting the enforcement of existing legal provisions relating to electricity supply without meters, alongside the phased rollout of universal smart metering across Lagos State.

LASERC is pursuing a broad reform programme aimed at strengthening consumer protection and improving electricity market performance in Lagos. The measures include the phased enforcement of compulsory metering from 2026, feeder by feeder deployment of universal smart meters, tighter oversight of distribution companies, improved complaint resolution standards and enforcement action against non-compliant operators.

The Executive Vice Chairman and Chief Executive Officer of the FCCPC, Mr. Tunji Bello, described the initiative as an important step toward improving billing transparency and reinforcing consumer confidence in the electricity sector.

“Estimated billing remains one of the leading sources of consumer complaints within Nigeria’s power sector. Measures that accelerate metering and improve billing transparency are important to consumer protection and overall market accountability,” he said.

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Subair stated this at the Gala night organised to close the 159th meeting of the Joint Revenue Board (JRB) held in Lagos, where tax administrators and revenue stakeholders from across the country gathered for four days to deliberate on ways to strengthen tax systems, improve compliance, and deepen revenue generation nationwide.

According to him, the decision by Tinubu to grant operational autonomy to the Lagos State Internal Revenue Service years ago laid the foundation for the success story that has since become a model for several states in Nigeria.

He said, “This story of taxation in Lagos was started seriously by our present President, Asiwaju Bola Ahmed Tinubu, who deemed it fit to give autonomy to the Lagos State Internal Revenue Service.

“From then on, things changed. Things are still evolving and changing because he handed over the baton to very serious governors thereafter. His model is copied in most of the states in Nigeria. I think the President deserves applause. We are seeing the benefits of that vision that this great Nigerian had, and we all pledge to continue.”

Subair noted that Lagos had sustained the momentum through successive administrations, with visible investments in transportation, urban renewal, and other public infrastructure funded largely through taxes paid by residents.

The LIRS chief also commended Governor Babajide Sanwo-Olu for delivering robust infrastructure development. He noted that in addition to significant investments in education, health, housing, and urban renewal projects, the multimodal transportation system, which includes rail, road, and water transport, is a key part of the current administration’s legacy.

He said, “Governor Sanwo-Olu is doing a great job. This administration is building the multimodal transport system, as witnessed by the JTB members. Apart from the rail, you also have road transport through the BRT, and then we have the ferry service.

“We launched all sorts of projects, and we are soon going to have electric ferries and boats that will move people all over. Also, the Red Line is supposed to be fully in place within one year.

“All this would never have been possible without the good people of Lagos paying their taxes. When you pay your taxes, there is a high level of correlation between the payment of taxes and development.

“In other countries, people pay a lot of taxes, some up to 50 to 60 per cent of their earnings, and it is a way of life for them. In Nigeria, they are trying, but the benefits of paying taxes can only come when everybody plays their own part.”

The LIRS chairman added that voluntary compliance in Lagos had continued to rise because taxpayers could clearly see how their contributions were being utilised.

He said, “In Lagos especially, tax compliance is moving at a much higher pace than that of the rest of the country. That is because people can see where their money is going. You can see the good projects that are coming. You can see the good works of the government of Lagos.”

The 159th meeting of the Joint Revenue Board, formerly known as the Joint Tax Board, ran from April 20 to April 23 in Lagos.

The board comprises the Executive Chairman of the Nigeria Revenue Service, chairmen of the 36 state internal revenue services, and the Federal Capital Territory and representatives of strategic government agencies, including the Federal Ministry of Finance, National Identity Management Commission, Revenue Mobilisation, Allocation and Fiscal Commission, Nigeria Customs Service, Nigeria Immigration Service, and the Federal Road Safety Corps.

The meeting featured various activities, including a session of the Finance and General Purpose Committee, followed by meetings of the Education Committee on the second day. Delegates also took part in an excursion to inspect major infrastructure projects carried out by the Lagos State Government. They rode the Lagos Blue Line Rail from Marina to Mile 2 and visited the iconic Eko Atlantic City.

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Speaking during a press conference held at Bagauda Kaltho Press Centre, Alausa, the Special Adviser to Governor Sanwo-Olu on E-GIS and Urban Development, Dr. Olajide Babatunde, said the initiative by the government is aimed at reducing the incidents of collapsed buildings and to position Lagos as a leader in digital governance and ease of doing business.

Babatunde added that Lagos State is “unlocking efficiency, reducing risks, and removing bureaucratic bottlenecks” for the benefit of citizens and investors alike, noting that the reform will reduce bureaucratic processes, leveraging technology.

Dr. Babatunde therefore urged those who have not taken advantage of the Electronic Physical Planning Permit System (EPPPS) before April 1 to turn in their documents to avoid the full wrath of the law.

He said the commencement of the full implementation of its Electronic Physical Planning Process System (EPPPS) has formally ended the manual processing of building approvals across the State, noting that the initiative signals “the dawn of a new era in digital processing of planning permissions” in Lagos.

Dr Babatunde explained that the EPPPS is a web-based platform designed to modernise operations, improve transparency and eliminate bottlenecks in the approval process. He said the system has achieved full operational readiness with 100 per cent training of personnel, complete deployment of computer systems and internet connectivity across all district offices.

He said: “The full automation of our planning permit process commenced on April 1, 2026. Let me be unequivocally clear: the manual processing of physical planning permits has been completely discontinued and outlawed in Lagos State.

“All applications must now go through the EPPPS platform exclusively. Anyone processing planning permits manually from this date is engaging in an illegal activity.

“We have provided the tools to do things the right way. Any attempt to revert to manual, backdoor processes is now strictly illegal, and the government will deal with this without hesitation.”

Dr. Babatunde said other landmark updates include the Certified Accreditor Programme (CAP), a public-private partnership aimed at strengthening building control and reducing incidents of structural failure; the Lagos State Geographic Information System Centre; and the introduction of the Omentum software for complete digitisation of land systems and titles to guarantee the integrity of the land registry and boost investors’ confidence.

The Special Adviser also revealed that the Lagos State Government is decentralising land administration services, with the Ikeja e-GIS regional office already operational and additional centres planned for Lekki, Epe, Badagry and Ikorodu.

Dr Babatunde further highlighted the deployment of Aumentum Software for land administration, describing it as a secure digital solution for processing Certificates of Occupancy and managing land records.

“We are aggressively moving away from the era of dusty files, long queues, and missing documents. This software guarantees the integrity of our land registry and significantly boosts investor confidence,” he said.

Dr. Babatunde explained that the integration of the Moola Tracker has simplified mortgage consent processing, reducing the procedure from 29 steps to just eight without introducing new fees.

“We are not adding any extra charges. We are simply bringing technology to solve the problem of delay and to encourage more people to safely leverage their properties,” he added.

The Special Adviser also emphasised that it is now compulsory for every standing building in Lagos State to have an insurance policy as well as a five-year certification of fitness, as Safety Marshals will be directed to commence building inspection soon, while no contractor must be on site without a letter of authorisation.

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His plane left the Presidential Wing of the Murtala Mohammed International Airport at 6.44 pm.

President Tinubu returned to Nigeria from the United Kingdom in the early hours of Friday and participated in the Eid-el-Fitr prayers held at Dodan Barracks.

As part of his Lagos schedule, President Tinubu received 23 governors, including Ekiti State Governor Biodun Oyebanji.

The President also received Africa’s richest man, Aliko Dangote, an EU delegation and members of the Lagos State Governance Advisory Council (GAC).

Vice President Kashim Shettima also came to Lagos to brief the President on his trip to Borno State, following the recent suicide bombing.

Governor of Ogun State, Prince Dapo Abiodun and the former Governor of Ogun State, Aremo Olusegun Osoba, were at the President’s residence for the departure ceremony.

Others at the airport for the departure were the Governor of Lagos State, Babajide Sanwo-Olu, the Deputy Governor, Obafemi Hamzat, senior government officials, and party stalwarts.

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Governor Babajide Sanwo-Olu, his Deputy, Dr. Obafemi Hamzat, and members of the State cabinet joined party leaders and members across Lagos to participate in the activities leading to the election of new party leadership.

Also at the event included former Governor Akinwumi Ambode, former Senate Leader, Sen. Olorunnimbe Mamora, ex-Senator Gbenga Ashafa, and members of the Governance Advisory Council (GAC) led by Prince Tajudeen Olusi.

Thousands of delegates from all Local Government Areas gathered for the election of the new leadership that will steer the party’s affairs at the State level for another four years.

The rancour-free process was organised by a committee led by Mrs. Stella Okotete set up by the National Working Committee of the party in Abuja. Prof Usman Tsowa was the secretary of the congress committee.

Officers of the Independent National Electoral Commission (INEC) supervised the process from screening of candidates to the election.

The party delegates, however, opted for a consensus for the election of the party executive members, making the process seamless and tension-free.

Most of the outgoing party executive members were returned, except seven members who had served two terms in their positions.

Sanwo-Olu expressed delight at the seamless conduct of the process, stressing that the rancour-free congress demonstrated the commitment of the party members to the peace and progress of the party.

The Governor said the outcome of the congress reflected the wishes of President Bola Ahmed Tinubu, noting that APC was now more strengthened and united in Lagos to confront opposition parties ahead of the general elections.

Sanwo-Olu said: “In Lagos, APC has again demonstrated that we are a party founded on the principle of fairness, transparency, equity and inclusion, which have all been displayed in the process that led to the emergence of new party leadership today. Lagos remains the heartbeat of progressive politics and stronghold of the President.

“The return of Pastor Cornelius Ojelabi and other members of the party executive is an affirmation that they have committed themselves to the growth of our party. By building a consensus among the entire delegates, we have once again established that party is supreme.

“To the returning members of the executive, renewal of your mandate comes with a new responsibility to further take the party forward and make it a national reference point. You must uphold the tenets of the party and sustain its accommodating spirit.”

Ojelabi said the re-election of the party executive members through consensus lent credence to the renewed unity and dedication of the party members to its progress.

Under his leadership, the re-elected chairman said APC in Lagos had widened its political base and recorded victories at polls. While noting that APC had become a movement in Lagos, Ojelabi urged party members to recommit themselves to build a stronger structure for the party.

He said: “As we celebrate today, we must also look ahead. The forthcoming elections present us with another opportunity to showcase the strength of our unity and the power of our collective resolve. This is a time for us to work harder, engage deeper, and ensure that APC continues to lead the way in delivering good governance and sustainable development to our people.

“I urge all party members to remain steadfast, focused, and united. The future of Lagos State and Nigeria depends on our dedication and our ability to work together. Let us strengthen our bonds, reach out to every community, and ensure that no voice is left unheard and no hand is left idle in this mission.”

Okotete said Article 20 of the APC constitution provided the guidelines for the conduct of the state congress, pointing out that the process must be democratic and transparent in strict compliance to the constitution.

She said the process reflected the foundation of progressive ideology, discipline, inclusion and leadership, adding: “Strength of the party in Lagos is vital to building the strength for the APC nationwide.”

Other returning party executive members include Deputy Chairman, Hon. Moshood Mayegun (Lagos Island); State Secretary, Hon. Ademola Jokomba (Ikorodu); Assistant Secretary, Mariam Animawun (Kosofe); Zonal Vice Chairman for West, Babatunde Aboyade (Alimosho); Zonal Vice Chairman for East, Hon. Olayinka Olusanya (Epe),  and Zonal Vice Chairman for Central, Hon. Muideen Daramola (Eti Osa).

The State Legal Adviser is Folashade Bakare (Eti Osa), while Assistant Legal Adviser is Adebola Adewunmi-Ladigbolu (Ikeja). The State Treasurer is Hon. Abiodun Akhigbe (Kosofe); Assistant Treasurer, Chief Oludele Sonola (Ikeja); Financial Secretary, Adedoyin Banjo (Somolu); Assistant Financial Secretary, Ganiat Olaleye (Ifako Ijaiye); Organising Secretary, Ayodele Adewale (Amuwo Odofin) and Assistant Organising Secretary, Hon. Adebayo Sanwo-Olu (Lagos Island).

Publicity Secretary, Hon. Oluseye Oladejo (Mushin); Assistant Publicity Secretary, Hon. Yesiru Karamo (Ibeju Lekki); Welfare Secretary, Hon. Adeniyi Kehinde (Epe); Assistant Welfare Secretary, Kafilat Pedro-Akanni (Agege); Auditor, Adedoyin Pikuda (Oshodi); Assistant Auditor, Shakiru Wusu (Surulere); Women Leader, Mrs. Iyabo Eletu (Lagos Island) and Assistant Women Leader, Damilola Sonayon James (Badagry).

State Youth Leader, Dr. Muritala Seriki (Kosofe); Assistant Youth Leader, Vincent Adukwu (Eti Osa); Special Leader for People Living with Disability, Afolabi Dada (Alimosho); Senatorial Youth Leader for West, Rasheed Gboshe (Ajeromi); Senatorial Youth Leader for East, Olugbenga Balogun (Ibeju Lekki), andSenatorial Youth Leader for Central, Olawale Matti Eshinlokun (Mainland).

Senatorial Women Leader for West, Mariam Balogun (Mushin); Senatorial Women Leader for East, Ajewonuola Oshinowo (Ikorodu); Senatorial Women Leader for Central, Modupe Olawoyin (Apapa), Ex-Officio 1, Aisha Sani Kachako (Arewa), Ex-Officio II, Yomi Olubamido (Somolu); Ex-Officio III, Bamidele Olufemi (Apapa) and Ex-Officio IV, Ngozi Chinwuko (Surulere).

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Governor Babajide Sanwo-Olu and CWEIC Chief Executive Officer, Mrs. Samantha Cohen, signed Memorandum of Understanding at a joint press conference held at the State House in Marina, where both partners announced the hosting of 2026 Lagos Trade and Investment Summit tagged “Invest in Lagos 3.0”.

The collaboration, the Governor noted, reflected the State’s response to evolving global capital market realities, testifying to his administration’s commitment to position Lagos as a competitive sub-national economy capable of attracting, structuring, and converting investment into measurable growth.

No fewer than 600 investors, including development finance institutions, from across the Commonwealth countries are expected to attend the two-day summit billed to be held at Eko Hotels Convention Centre in Victoria Island.

The Commonwealth comprises 56 countries with a combined population of 2.7 billion and a GDP of $14.2 trillion. This is projected to reach $20 trillion by 2029. CWEIC, its private sector arm, has 150 strategic partners in 35 countries and investment hubs across the Commonwealth nations, including Lagos — Nigeria’s commercial capital.

Sanwo-Olu said CWEIC’s partnership embodied shared commitment to structured capital mobilisation, disciplined project presentation, and measurable transaction outcomes, adding that “Invest Lagos 3.0” would offer not just as a convening platform for Commonwealth investors, but also an economic growth acceleration mechanism.

He said: “Invest Lagos 3.0 is not going to be a ceremonial gathering. It is expected to be a transaction-focused investment platform built for capital alignment and project conversion. Its architecture and processes are intentional and structured for measurable investment outcomes. Every element of the Summit has been carefully designed to support disciplined engagement between project sponsors and capital providers.

“The summit is expected to convene between 500 and 600 high-level delegates, including global institutional investors, sovereign wealth entities, development finance institutions, multinational corporations, structured finance specialists, trade networks across the Commonwealth, and senior public sector leaders from multiple jurisdictions. It will represent one of the most concentrated assemblies of capital, policy influence, and strategic investment interest focused on a single African sub-national economy.”

Through the collaboration, Sanwo-Olu said Lagos would be strengthening its capacity to mobilise global capital, deepen cross-border trade relationships, and position itself as a premier destination for large-scale, transformative investment.

To maximise the benefits of the summit, the Governor said ‘Invest in Lagos 3.0” had been structured around core strategic objectives, including global profiling of Lagos International Financial Centre as a world-class financial gateway capable of serving regional and international capital flows, while creating structured access channels for domestic enterprises seeking growth capital.

Sanwo-Olu said Lagos would showcase bankable and investment-ready projects across priority sectors, while also facilitating structured investment matchmaking through a curated transaction-conversion mechanism designed to connect project sponsors with capital providers.

He said: “Under these frameworks, we are scaling transport infrastructure across road and rail corridors, strengthening logistics and port connectivity, investing in renewable energy systems, expanding digital infrastructure, accelerating housing development, deepening healthcare delivery systems and building industrial growth corridors that connect production to markets.

“Within this broader growth architecture, we remain deliberate about strengthening Micro, Small and Medium Enterprises (MSMEs), which account for more than 70 per cent of economic activity in Lagos and represent the backbone of employment generation, local production, service delivery, and innovation. Our investment strategy is designed not only to attract large institutional capital, but also to catalyse scalable private sector participation across value chains where MSMEs operate and expand.”

Cohen said Nigeria remained Commonwealth’s strongest network outside the UK, noting that the collaboration offered Lagos an advantage of up to 21 per cent to do business cheaper with Commonwealth member countries because of shared legal systems, language and trusted relationships.

She said the first edition of “Invest in Lagos” enabled the State to establish a structured, credible destination for international investment. The second edition, Cohen pointed out, gave Lagos the opportunity to deepen its investment narrative with focused thematic sector engagement.

She said: “LTIS 2026 aligns directly with Lagos State’s T.H.E.M.E.S+ Agenda and the Lagos State Development Plan 2052 across infrastructure expansion and urban mobility, financial services deepening, trade facilitation and AfCFTA integration, energy security and industrial development, innovation, technology and human capital development. CWEIC will be deploying its globe-spanning network to bring a diverse and new cohort of investors and business leaders to Lagos in June.”

Cohen said the summit would feature plenary sessions, business roundtable, Deal Room, closed-door bilateral between CEOs and Governor, dinner and site visits.

Commissioner for Commerce, Cooperatives, Trade and Investment, Mrs. Folashade Banda-Ambrose, said the collaboration came at a “defining moment” in Lagos’ growth journey, stressing that the effort would deepen investment inflows, stimulate private sector expansion, and accelerate economic transformation in Lagos.

“Global capital is increasingly gravitating toward jurisdictions that demonstrate credible leadership, institutional clarity, bankable pipelines, disciplined governance, and defined execution frameworks. Subnational governments compete directly by differentiating themselves through governance quality, policy coherence, and transaction ecosystem strength. Lagos recognises this structural shift and has positioned itself to compete effectively within it,” the Commissioner said.

The joint press conference was preceded by a courtesy visit to the Governor by CWEIC team led by Cohen and comprised Country chairman of CWEIC, Mr. Olasupo Shasore, SAN, Advisory Board member, Mr. Ayo Otuyalo, and Director, Mr. Obinna Anyanwu, among others.

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At  harmonisation session on the proposed bill, key government officials, lawmakers, and private sector stakeholders outlined plans to create a coherent and investor-friendly wealth fund architecture.

The initiative is designed to institutionalise long-term savings, enhance economic diversification, protect public assets, and position Lagos as a leading model for sub-national wealth fund management in Africa.

 LASG Unveils Blueprint for Lagos State Wealth Fund

 The Commissioner for Finance, Mr. Abayomi Oluyomi, spoke about the government’s plan during the Lagos State Wealth Fund (LSWF) Bill Harmonisation Session, themed “Designing a Coherent and Bankable Wealth Fund Architecture for Lagos”, at Four lPoint by Sheraton Hotel, Oniru, Lagos

The session brought together members of the Lagos State Executive Councils and Lagos State House of Assembly, as well as top officials and stakeholders from both public and private sectors, to fine-tune provisions of the LSWF Bill ahead of its consideration by the Lagos State House of Assembly.

Speaking during the one-day retreat organised by the Ministry of Finance to harmonise stakeholders’ input on the proposed Lagos State Wealth Fund Bill, Oluyomi said the bill is aimed at designing a coherent and bankable wealth fund architecture for the State.

He said the retreat was a follow-up to the public hearing held on the Lagos State Wealth Fund Bill on November 12, 2025, which generated extensive feedback. He noted that the harmonisation session was designed to harmonise all comments and recommendations into a unified framework that would strengthen the bill before final legislative action.

Oluyomi commended the economic reform drive of the Lagos State Governor, Mr. Babajide Sanwo-Olu, describing the wealth fund initiative as part of efforts to secure Lagos’ long-term financial stability and development.

He explained that the model draws inspiration from the sovereign investment framework of the Nigerian Sovereign Investment Authority, which manages Nigeria’s Sovereign Wealth Fund established in 2011 and has recorded steady profitability over the years.

Oluyomi noted that the Lagos State Wealth Fund Bill outlines four major investment windows that are to boost infrastructure financing, enhance economic diversification, strengthen fiscal buffers during downturns and build long-term savings for future generations.

He emphasised the need for private sector involvement in shaping the framework, describing it as central to Lagos’ economic strength. “The private sector is the engine that drives economic growth, particularly in an economy as large as Lagos. That is why their participation in this process is very critical.”

Speaking at the event, the Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa, represented by the Chairman House Committee on Finance, Hon. Femi Saheed, said the harmonisation session will assist in formulating a Lagos State Wealth Fund Law for future security, attract investment, build infrastructure, technology and innovation initiatives.

He said: “We are here today to harmonise and get the best law that will set up the Lagos State Wealth Trust Fund. It is going to serve as a form of stabilisation fund in case of emergency, like during the times of COVID. This fund could also be used to finance a budget deficit.

“It is just a system of reducing our risk and creating wealth that will further generate returns for Lagos State. The Governor of Lagos State will want to position and make a landmark fund that will be a fund that will boost Lagos State’s investments and make Lagos State reduce its risk.”

Giving the Executive Summary of the Fund, Lagos State Commissioner for Justice and Attorney General, Mr. Lawal Pedro (SAN), said the unique proposition would be a legacy achievement for Lagos as Africa’s first subnational wealth fund initiative.

Pedro highlighted the broader economic gains of the initiative, noting that the fund would promote revenue maximisation, prudent asset management and economic diversification.

He said that the Fund comes with several benefits, including revenue maximisation and economic diversification, stating that the state needs a strategic approach to managing its commercial assets to meet its growing obligations.

Pedro also described the proposal as a legacy project capable of positioning Lagos as Africa’s first sub-national government to establish a structured wealth fund framework, strengthening its reputation as a leading economic hub.

The Special Adviser to the Governor on Corporate and Finance Strategy, Mr. Akintayo Sanwo-Olu, said: “The Lagos State Wealth Fund represents a bold and visionary step in sub-national financial innovation. By institutionalising long-term savings and channelling capital into strategic infrastructure and economic enablers, the Fund strengthens Lagos’s fiscal resilience while enhancing investor confidence.

“It is not about short-term gains — it is about building sustainable prosperity for future generations, creating jobs, improving public services, and attracting domestic and international capital. As global cities compete for talent and investment, Lagos is positioning itself not just as Nigeria’s economic hub, but as a financially disciplined, forward-looking metropolis with a clear roadmap for inclusive growth.”

Also speaking, some of the stakeholders at the retreat said Lagos State needs a strategic approach to manage its commercial assets to meet its growing obligations. They expressed confidence that the refined structure would position Lagos as a leading model for sub-national wealth fund management in Nigeria.

 The participants expressed optimism that once passed into law, the Lagos State Wealth Fund would serve as a sustainable financial pillar, attracting investments, safeguarding public wealth and ensuring long-term development for Africa’s largest sub-national economy.

The Lagos State Wealth Fund Bill Harmonisation Session featured detailed clause-by-clause reviews of the bill, with extended deliberations aimed at producing a harmonised and investor-friendly wealth fund framework.

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The Special Adviser to the Governor on Media and Publicity, Mr. Gboyega Akosile, stated this during an interview programme on Silverbird Television on Saturday.

He said safety and infrastructure remain the foundation of Lagos’ development strategy.

Akosile said no state can attract businesses or visitors without adequate security, noting that the administration of Governor Babajide Sanwo-Olu has significantly reduced crime across Lagos.

He recalled a period when armed robberies and violent crimes made movement difficult for residents, stressing that such incidents have become rare due to deliberate security reforms of the incumbent government.

Akosile also revealed that the Babajide Sanwo-Olu administration has invested heavily in modern surveillance technology, including high-end CCTV cameras, as part of a multi-phase security architecture.

He added that about 3,000 fibre optic cables are currently being laid across Lagos to strengthen real-time monitoring and data transmission.

Governor Sanwo-Olu’s spokesman disclosed that the central command-and-control centre now tracks activities across the state in collaboration with security agencies, particularly the police, enabling rapid response to criminal threats.

He said the effectiveness of the security system in Lagos was recently demonstrated with the successful foiling of a notorious ‘one-chance’ robbery gang operating within the state.

Beyond security, Akosile explained that infrastructure development is guided by the administration’s development blueprint known as the THEMES+ developmental agenda, which covers transportation, health, environment, education, technology, making Lagos a 21st-century economy, entertainment, tourism, security, governance and inclusion.

He noted that improvements in transportation include expanded road networks, junction upgrades, ferry services and ongoing rail projects such as the Blue Line, Red Line and the proposed Green Line.

On environmental sustainability, he said the State Government under the leadership of Governor Sanwo-Olu is taking deliberate steps to ensure Lagos remains habitable despite rapid urbanisation.

Akosile added that education and technology are being prioritised to position Lagos as a 21st-century economy, while tourism initiatives have helped establish the state as a leading destination in West Africa.

He further explained that the THEMES+ agenda ensures social inclusion and gender balance, guaranteeing that no segment of society is left out of the state’s development process.

Governor Sanwo-Olu’s spokesman also disclosed that the combined focus on security, infrastructure and inclusive governance has positioned Lagos as a regional hub for investment, commerce, entertainment and tourism.

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The third outreach under the initiative, held in Alimosho within Lagos State Health District I, reached over 120 malnourished children, providing nutritional support, medical screening, and caregiver education. This follows earlier interventions in Yaba and Ajegunle, which have collectively supported over 320 children and 300 caregivers, with monitoring data showing that more than 50% of beneficiaries in the first two phases entered recovery.

NGX Group staff volunteers worked alongside Lagos State health workers and HEI facilitators during the outreach, assisting with screenings and data recording. Structured follow-up visits are scheduled after four weeks to monitor recovery and provide extended care where necessary.

Temi Popoola, Group Managing Director and CEO of NGX Group, linked the initiative to broader economic resilience. “Sustainable capital markets are built on strong social foundations,” he stated. “The recovery rates we see with Project BLOOM prove that targeted, collaborative action between the public sector, civil society, and the private sector can deliver tangible impact.”

Executive Director of HEI, Achunine Pascal, said child malnutrition remains a major contributor to under-five mortality in Nigeria, adding that Project BLOOM is designed to go beyond immediate food support through structured follow-up and continued care.

Also speaking, the Chairman of Alimosho Local Government Area, Honourable Akinpelu Ibrahim Johnson, said the initiative supports the council’s long-term strategy for improving child nutrition through early detection, prevention, and effective management of malnutrition. Representing the Permanent Secretary, Lagos State Health District I, Dr. Solomon Adeyanju commended NGX Group for its commitment to child health, describing Project BLOOM as a valuable complement to the state’s primary healthcare efforts.

With additional outreaches planned, the partners reaffirmed their commitment to reducing preventable child mortality while strengthening the social foundations required for sustainable economic growth.

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