Connect with us

News

JUST IN: Lagos approves N1billion take off grant for science research, innovation council (PHOTOS)

Published

on

220 Views
... Inaugurates Cybersecurity Advisory Board

In its quest to advance scientific innovations in Lagos State, the Governor, Mr. Babajide Olusola Sanwo-Olu, has inaugurated the newly constituted Lagos State Science, Research and Innovation Council (LASRIC) and Cybersecurity Advisory Board.

The event that took place at the Banquet Hall, Lagos House in Ikeja, was presided over by the Deputy Governor, Dr. Kadri Obafemi Hamzat, who announced the take-off grant of N1Billion, for the effective commencement of the activities by the Board.

Sanwo-Olu stated that his administration is committed to increasing the success metrics with the provision of LASRIC Seed fund. He added that “with the provision of LASRIC Seed fund to the tune of N1,000,000,000 (One Billion Naira) in the first tranche payment to the council. We believe this fund would continue to catalyze development in our dear State.”

The Governor noted that the sustenance of the development of the State is the central focus of the present administration’s THEMES Plus Agenda, adding that to drive deeper positive economic outcomes, it was essential to establish an Innovation, Science, and Technology body to manage and propel Lagos State’s engagement with the science and technology ecosystem.

He noted that within the Research and Development, LASRIC has supported more than 70 initiatives, ranging from projects in biomass and biodiesel to artificial intelligence for medical imaging, adding that “their efforts have increased innovation activity within the state by over 250%.

The Governor, enumerated the key areas of responsibilities of the Government to the newly recommissioned LASRIC board, which includes: Increased Funding and Support, Collaboration and Partnerships, Capacity Building, Focus on Local Challenges, Promotion of a Culture of Innovation, and LASRIC SEED FUND, adding that all these areas will increase the ecosystem science, innovation, and technology of the state.

Sanwo-Olu noted that the board is composed of experts from industry, academia, and the public sector, with the mission to deepen and expand innovation activities in Lagos.

While congratulating the newly constituted council, the governor stated that “It is my expectation that the new LASRIC being inaugurated today will work assiduously towards ensuring the realization of our collective goal and aspiration congratulate the Chairman and members of the Board for heeding the call to serve. I have no doubt in my mind that you will bring to bear on your new assignment your experience and expertise which informed your selection to serve the government and the people of Lagos State.

In an earlier event, the Governor, Mr. Babajide Olusola Sanwo-Olu inaugurated the state cybersecurity council, charging them with the mandate to establish a robust protection ecosystem that will ultimately safeguard the quality of life for all its citizens, stating that the inauguration of the State’s Cybersecurity Advisory Board marks a significant step in its commitment to enhancing digital security and advancing the development agenda in the state.

“Given these escalating threats, it is imperative for Lagos to implement a comprehensive cybersecurity protection strategy. The growing use of digital tools offers both opportunities and real-world risks to our development. Today’s inauguration aligns with our goal of transforming Lagos into a smart, livable, and cyber-protected city,” said the Governor.

Earlier in his welcome address, Commissioner for Innovation, Science and Technology, Mr. Tunbosun Alake stated that the Sanwo-Olu administration has continued to enhance technology and digital solutions which will increase the quality of livelihood of its citizens.

The commissioner stated that the inauguration of both the Lagos State Science, Research and Innovation Council (LASRIC) Board and the State’s Cybersecurity Advisory Board is a testament to the Babajide Olusola Sanwo-Olu/Kadri Obafemi Hamzat administration’s commitment to innovation science and technology and protecting the state ecosystem.

Also, in their address, both Chairmen of the newly inaugurated boards, LASRIC, Professor Olumuyiwa Odusanya and Cybersecurity, Dr. Osakwe Fene assured the government of their commitments to the mandate of the council, to protect and promote cybersecurity, science and technology towards the development of the ecosystem of the state and its citizens.

The duo added that technology and cybersecurity are pivotal to the development of any country, especially in achieving the making Lagos a 21st-century economy goal, adding that the present administration is open to different innovative ideas that will continue to enhance the economy of the state and as the 5th largest economy in Africa.

News

Senate confirms Oyedele as minister

During the screening, Oyedele proffered solutions to getting out of the various economic issues in the country.

Published

on

By

56 Views

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.

Continue Reading

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.

Published

on

By

64 Views

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.

Continue Reading

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.

Published

on

By

86 Views

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.

Continue Reading

Trending