News
Governor Sanwo-Olu Commend Lagosians for being calm at Ounje Eko Market on Sunday

Lagos State Governor Babajide Sanwo-Olu has commended Lagos residents for staying calm at the Ounjè Eko Sunday markets yesterday.
For the second Sunday, residents trooped out to buy various items at 25% less than the usual market prices. Many praised the government for the initiative, which they suggested should go on.
Mr. Sanwo-Olu received reports of calmness and orderliness at the markets despite the huge turnout of residents.
He said, “It is all about assuring Lagosians that our administration will continue to stand by them. We will continue to find and deploy creative ways of easing their burden.”
Governor Sanwo-Olu praised the Special Dispensation Advisory Committee on Social Interventions (SPEDAC), an eleven-man, non-partisan body set up to advise the government on various interventions, for its support on all the initiatives, which will soon be fully rolled out.
The “Ounje Eko” Market pilot scheme, which opened on Sunday, March 17th in 57 centres across the five divisions of the State, is part of multi-sectoral measures rolled out by Governor Sanwo-Olu to cushion the effects of the economic hardship on Lagosians.
All the measures come under the umbrella of EKO CARES. The others are in the health, transportation, and education sectors.
The market at its debut last week had some hitches, but most of the identified inadequacies have since been corrected.
Today, the situation was calm as prospective buyers were orderly. Payment points ran smoothly at the cashless markets.
Reports gathered at various markets show that sales started earlier than last week, as local food vendors arrived early – to the delight of customers.
Although the prices of the products varied according to areas, residents were full of praises for the idea.
To prevent reselling, double-buying and ensure that all buyers were served, children who came with their parents were not allowed to purchase food items while preference was given to the aged, expectant women and people living with disabilities.
On sale were rice, beans, pepper, bread , eggs, gari and others.
A resident, Mr. Babalola Onitire, who visited Ounje Eko Grammar school market in Ikorodu , said he could not access any product last week due to the rowdiness that characterised the process, but “I have come back today and I have had what I wanted for my family at low prices.”
The Permanent Secretary, Ministry of Agriculture, Mr. Emmanuel Fatai Audu, who engaged market leaders at some of the markets, appreciated the vendors and buyers for their peaceful conduct.
The initiative continues next Sunday.
News
NAFDAC : Fake Cowbell Milk in circulation
Risks include foodborne illnesses, allergic reactions, and organ damage, and in severe cases, death.

The National Agency for Food and Drug Administration and Control (NAFDAC) advises Nigerians to be vigilant and avoid purchasing counterfeit 12g Cowbell “Our Milk” sachets circulating across the country.
In a statement issued on Friday, the agency explained that the counterfeit product imitates the discontinued Cowbell “Our Milk” packaging, which Promasidor Nigeria Ltd stopped producing in September 2023.
The legitimate product was replaced with Cowbell “Our Creamy Goodness.”
The fake sachets unlawfully bear the Cowbell brand name, NAFDAC registration number and packaging design, despite not being manufactured or distributed by Promasidor.
The counterfeit products currently in circulation are imitations of the discontinued ‘Our Milk’ packaging and are not manufactured or distributed by Promasidor,” the agency stated.
“They bear unauthorised use of the brand name, NAFDAC Registration Number, and packaging design.”
The regulator raised concerns over the health risks posed by the counterfeit product.
“Risk Statement: Consumption of counterfeit milk poses serious health hazards, including exposure to toxic chemicals, unapproved additives, or diluted ingredients.
Risks include foodborne illnesses, allergic reactions, and organ damage, and in severe cases, death.
Infants, children, pregnant women, and the elderly are particularly vulnerable,” NAFDAC warned.
News
Japan designates the city of Kisarazu for Nigerians to live and work
Through this arrangement, we aim to strengthen exchanges and create a foundation for manpower development that will contribute to economic growth in both Japan and Nigeria,” said Mrs. Florence Akinyemi Adeseke, Nigeria’s Charge d’Affaires and Acting Ambassador to Japan.

The Japanese government has designated the city of Kisarazu as the official “hometown” for Nigerians seeking to live and work in Japan
Japan also unveiled similar hometown designations for Tanzania, Ghana, and Mozambique in Nagai, Sanjo, and Imabari, respectively.
The announcement was made on the sidelines of the 9th Tokyo International Conference for African Development (TICAD9), a move aimed at deepening cultural diplomacy, promoting economic growth, and enhancing workforce productivity.
Under the new arrangement, the Japanese government will introduce a special visa category for highly skilled, innovative, and talented Nigerian youth. Artisans and other blue-collar workers willing to upskill will also be eligible to live and work in Kisarazu under the special visa dispensation.
“Through this arrangement, we aim to strengthen exchanges and create a foundation for manpower development that will contribute to economic growth in both Japan and Nigeria,” said Mrs. Florence Akinyemi Adeseke, Nigeria’s Charge d’Affaires and Acting Ambassador to Japan.
The designation of Kisarazu builds on historical ties between Nigeria and the city.
The Nigerian Olympic contingent trained in Kisarazu during preparations for the 2020 Tokyo Olympics, where athletes acclimatised before moving to the Olympic Village.
Mayor Yoshikuni Watanabe of Kisarazu, who received the certificate from the Japanese government alongside Mrs. Adeseke, expressed optimism that the initiative would boost the city’s population and contribute to regional revitalisation efforts.
News
BREAKING: FG, state, local governments share N2.001trn July revenue

The three tiers of government—federal, state, and local—shared a total of N2.001 trillion from the Federation Account as revenue for the month of July 2025, according to the Federation Account Allocation Committee (FAAC).
The allocation was made during the FAAC meeting held in August 2025 in Abuja, with details released in an official communiqué.
The distributable revenue included:
- N1.282 trillion in statutory revenue
- N640.610 billion from Value Added Tax (VAT)
- N37.601 billion from Electronic Money Transfer Levy (EMTL)
- N39.745 billion from exchange rate difference
Out of the total distributed funds:
- The Federal Government received N735.081 billion
- State Governments received N660.349 billion
- Local Government Councils received N485.039 billion
- N120.359 billion was shared to oil-producing states as 13% derivation revenue
Revenue Breakdown:
Statutory Revenue (N1.282 trillion):
- FG: N613.805 billion
- States: N311.330 billion
- LGs: N240.023 billion
- 13% Derivation: N117.714 billion
VAT (N640.610 billion):
- FG: N96.092 billion
- States: N320.305 billion
- LGs: N224.214 billion
EMTL (N37.601 billion):
- FG: N5.640 billion
- States: N18.801 billion
- LGs: N13.160 billion
Exchange Gains (N39.745 billion):
- FG: N19.544 billion
- States: N9.913 billion
- LGs: N7.643 billion
- 13% Derivation: N2.643 billion
The total gross revenue for July was N3.836 trillion, down from N3.485 trillion in June. Cost of collection deductions amounted to N152.681 billion, while N1.683 trillion was allocated for transfers, refunds, savings, and interventions.
FAAC noted improved collections from Petroleum Profit Tax, Oil and Gas Royalties, EMTL, and Excise Duties, while Companies Income Tax and CET Levies declined slightly. VAT and Import Duties saw marginal growth.
The committee reiterated its commitment to ensuring transparency in the allocation of national revenues across all levels of government.
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