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
Senate confirms Oyedele as minister
During the screening, Oyedele proffered solutions to getting out of the various economic issues in the country.
The Senate has confirmed the nomination of Taiwo Oyedele as Minister of State for Finance.
His confirmation comes after two hours of screening as lawmakers grilled him on various aspects of the economy.
Oyedele’s screening followed a motion moved by Opeyemi Bamidele, the Senate leader, after he called for the suspension of the Senate rule to allow strangers to come into the chamber.
During the screening, Oyedele proffered solutions to getting out of the various economic issues in the country.
Oyedele was escorted to the chamber by Bashir Lado, the Special Adviser to the President on the National Assembly ( Senate), alongside others.
His screening followed President Bola Tinubu’s letter to the Senate on Tuesday, requesting his confirmation as a minister.
Tinubu had, on March 3, nominated Oyedele, who currently serves as chairman of the presidential committee on fiscal policy and tax reforms, as Minister of State for Finance.
News
Tinubu appoints Lamido Yuguda as CBN’s Deputy Governor
Lamido Yuguda’s last public post was as director-general of the Securities and Exchange Commission, a position he held from 2020 to 2024.
PRESIDENT Bola Tinubu has approved the appointment of Lamido Abubakar Yuguda as Deputy Governor of the Central Bank of Nigeria (CBN)
The appointment is in accordance with Section 8(1) of the Central Bank of Nigeria Act, 2007.
This was disclosed on Wednesday by the presidential spokesman, Bayo Onanuga.
The President charges Yuguda to discharge his responsibilities with renewed dedication, professionalism, and commitment to Nigeria’s economic stability and growth.
Lamido Yuguda’s last public post was as director-general of the Securities and Exchange Commission, a position he held from 2020 to 2024.
He is an alumnus of Ahmadu Bello University, where he graduated in 1983 with a B.Sc. in Accountancy.
In 1991, he obtained a master’s degree in Money, Banking and Finance from the University of Birmingham, United Kingdom.
He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and a CFA charterholder.
He began his career in 1984 at the Central Bank of Nigeria (CBN) as a Senior Supervisor in the Foreign Operations Department.
He also worked as an economist in the Africa Department of the International Monetary Fund from 1997 to 2001, when he returned to the CBN.
He retired from the CBN in 2016, after he had served as Director of the Reserve Management Department for six years.
News
JUST IN: IGP Disu Assigns Portfolios to New DIGs
DIG Zachariah Fera Achinyan has been deployed to Legal Services, DIG Zango Ibrahim Baba to Research and Planning, and DIG Isyaku Mohammed to Training and Development departments.
The Inspector-General of Police (IGP) Olatunji Disu has assigned the new Deputy Inspectors -General of Police (DIGs) their duties responsibilities.
Sources said that the DIGs were assigned departments based on their areas of competence.
DIG Zachariah Fera Achinyan has been deployed to Legal Services,
DIG Zango Ibrahim Baba to Research and Planning, and DIG Isyaku Mohammed to Training and Development departments.
Similarly, DIG Margaret Agebe Ochalla has been posted to the Force Criminal Investigation Department (FCID);
DIG Mohammed Abdul Sulaiman to Finance and Accounts; DIG Kenechukwu Onwuemelie will oversee the Force Intelligence Department (FID); DIG Fayoade Adegoke will head Information and Communication Technology, while DIG Umar Shehu Nadada has been posted to Operations departments.
2Baba in talks with Defense Minister to leverage music for Nat’l Security
Trump says he thinks Putin is helping Iran
CBN places suspicious BVNs on 24-hour watchlist
Tech Expert, Zuckerberg trains with UFC champions, Adesanya, Alexander
Organ Trafficking: Ekweremadu bags 10 years in UK prison
SAINT OBI: Between his marriage and his death
-
Sports3 days agoFIBA W/Cup 2026 Qualifying Tournament Begins Today with Nigeria’s D’Tigress Vs Colombia
-
Business3 days agoJUST IN : Traders Resist Takeover of Lagos International Trade Fair Complex By LASG
-
International3 days agoFAO Food Price Index rises in February for first time in five months
-
Sports3 days agoNigerian midfielder Daga jailed six months over sexual assault
-
International3 days agoNASA’s Satellite Crashing Back to Earth After 14 Years in Orbit
-
International3 days agoTrump says U.S.will build $300 billion new refinery backed by India’s Reliance Industries
-
Business3 days agoNigeria gears up to host Intra-African Trade Fair 2027
-
Health3 days agoUNIZIK nursing school to review fee hike after students protest