News
JUST IN: Lagos approves N1billion take off grant for science research, innovation council (PHOTOS)
... 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
JUST IN: Wike, Govs Makinde, Bala Clash at PDP Secretariat (Images / Video)
….. As PDP Leaders Accuse Police of Not Showing Neutrality in Crisis
There was a showdown at the PDP National Secretariat on Tuesday as governors of Bauchi and Oyo states have clashed with FCT Minister Nyesom Wike with both parties attempting to take over the National secretariat of the main opposition Peoples Democratic Party in the Wuse Zone 5 District of Abuja.

It was discovered that security operatives loyal to the FCT Minister and Governors Seyi Makinde and Bala Mohammed embarked in a free for all or who would take possession of the PDP National Secretariat with a rainfall of teargas pumped around the vicinity by both parties.

While Governor Seyo stormed the venue with the newly elected National Secretary, Taofeek Arapaja, Nyesom Wike stayed put with Samuel Anyanwu, the embattled National Secretary of the party who insists his tenure is still in place till December 8, 2025.

Party leaders are now expressing worry over the development accusing the Police of not being neutral in the leadership crisis facing the Peoples Democratic Party.
Watch video below:
Business
Lagos N200b bond oversubscribed by 55% at N310Billion
In a resounding vote of confidence from the investment community, Lagos State has concluded its bookbuild for a groundbreaking bond issuance, exceeding all expectations and demonstrating strong investor appetite.
The State’s offering, comprised of a ₦200 Billion Conventional Bond and a ₦14.8 Billion Green Bond, has been met with extraordinary enthusiasm, paving the way for crucial infrastructure projects across the bustling metropolis.
The conventional bond, originally slated for ₦200 billion, received an astounding 55% oversubscription, attracting a remarkable ₦310 billion in investment commitments.
This signifies the robust trust investors have in Lagos State’s economic prospects and its commitment to sustainable growth.
Adding to the success, the ₦14.8 billion Green Bond, designed to finance environmentally friendly projects, was met with an even greater level of enthusiasm.
It attracted a phenomenal ₦29.29 billion in subscriptions, representing a staggering 97.7% oversubscription.
This underscores the growing global interest in sustainable investments and Lagos State’s commitment to a greener future.
This historic achievement highlights Lagos State’s financial strength and its ability to attract significant investment to drive its ambitious development agenda.
The proceeds from these bonds will be instrumental in funding vital infrastructure projects, enhancing the quality of life for residents, and fostering economic prosperity across the state.
News
JUST IN: FG Vows Swift Rescue of Abducted Kebbi Schoolgirls, Reaffirms Duty to Protect Citizens
The Federal Government has expressed deep concern over the abduction of female students from Government Girls Secondary School, Maga, in Danko/Wasagu Local Government Area of Kebbi State, assuring families of its unwavering commitment to securing the safe return of the victims.
In a statement on Monday, the government conveyed solidarity with the affected families, noting that it “shares in their pain” and is working urgently to bring the girls home.
President Bola Ahmed Tinubu reaffirmed that the protection of every Nigerian—especially schoolchildren—remains a paramount responsibility of the State. He condemned the attack, describing it as a “reprehensible assault on innocent students,” and mourned the school officials who were killed while performing their duties.
According to the statement, security and intelligence agencies have been issued strict directives to locate and rescue the abducted students and ensure that those responsible are brought to justice. The government pledged that it will not relent until the mission is accomplished.
The Federal Government also assured citizens that strengthening internal security remains a top priority, noting that efforts are underway to recalibrate the country’s military, policing, and intelligence architecture to better prevent and respond to threats.
Additionally, Nigeria is intensifying regional cooperation with ECOWAS, the African Union, and the Multinational Joint Task Force (MNJTF) to secure borders and disrupt terrorist and criminal networks.
The government urged the public to remain calm and confident as efforts to rescue the abducted students continue.
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