News
Kogi Targets N 1 Billion Revenue from Signage by 2026
The Kogi State Government has set an ambitious target of generating one billion naira in revenue from signage and advertisement by 2026, as part of its broader strategy to boost the state’s Internally Generated Revenue (IGR) and reduce dependence on federal allocations.
This was disclosed by the State Commissioner for Information and Communications, Hon. Kingsley Femi Fanwo, during a management meeting with heads of agencies under the ministry in Lokoja.
Fanwo described the appointment of Mr. Richard Osaseyi as the General Manager of the Kogi State Signage and Advertising Agency as “a masterstroke,” noting that it would reposition the agency for greater efficiency and impact.
“Kogi has no business depending solely on federal allocations if we are able to harness internal revenue opportunities effectively.
Signage and advertisement can generate over a billion naira for the state by 2026,” Fanwo said.
“This is why we are gathered here to brainstorm on the prospects and challenges. Revenue generation is top on the agenda of the Ododo Administration as we aim to fund infrastructure and development from within.
”Fanwo further emphasized that Governor Ododo has successfully “separated revenue from politics,” allowing professionals to drive economic initiatives without interference.
In his remarks, Mr. Richard Osaseyi outlined strategies already being implemented to reposition the agency and boost revenue.
He revealed that many large corporate advertisers in the state had been underpaying in the past, but that the agency is now engaging with them diplomatically to correct the imbalance.
“With our new approach, we’re already seeing positive responses,” Osaseyi said. “The agency is poised to become a major contributor to the state’s IGR, and we will intensify public sensitization to build trust and cooperation.
”The Permanent Secretary of the Ministry, Mr. Ebenezer Adurodija, also commended the agency’s readiness and pledged the ministry’s continued support to ensure the success of the initiative.
Meanwhile, in a related development, Commissioner Fanwo inaugurated a Ministerial Committee to begin work on the launch of Project Confluence of Opportunities, an initiative aimed at projecting Kogi’s vast economic and tourism potential to both local and global investors.
“Kogi is one of the most richly endowed states in Nigeria — geographically, historically, and naturally,” Fanwo said.
“From the Confluence of Rivers Niger and Benue to Mount Patti and our rich mineral resources, Kogi has everything to become a top investment and tourism destination.
“Project Confluence of Opportunities is our bold step to tell the world that Kogi is open for business. Our mandate goes beyond informing our people — we are also here to tell our story to the world in a way that attracts value.
”The initiatives form part of the Ododo Administration’s broader blueprint to reposition Kogi as a self-reliant, investor-friendly state and a model of good governance in Nigeria.
News
Akran of Badagry is dead, aged 89
The demise of the monarch marks the end of his 48-year reign on the throne, making him one of the longest-serving traditional rulers in Lagos State.
Photo: Akran of Badagry, De Wheno Aholu Menu-Toyi
The traditional ruler of the Badagry local government area in Lagos State, the Akran of Badagry, De Wheno Aholu Menu-Toyi, is dead, aged 89.
The demise of the monarch marks the end of his 48-year reign on the throne, making him one of the longest-serving traditional rulers in Lagos State.
According to the palace, the Akran was pronounced dead by medical experts, after a brief illness, and the traditional rites for his burial have gradually commenced.
Residents of Badagry, who are currently mourning the loss of their revered monarch, described his death as a heavy blow, noting that the town has lost not just a king but a father figure whose wisdom, counsel and presence brought reassurance in moments of uncertainty.
News
Osun sues UBA, officials to court over illegal LG accounts
They were specifically accused of allowing the opening, operation and maintenance of accounts for each of the local government councils “by unknown private individuals as signatories…
• Map of Osun State
The Osun State Government has instituted a criminal case against United Bank for Africa Plc (UBA) and four of its top officials over alleged illegal opening of local government accounts.
Tribune newspaper reported that the Chief Magistrate Court, sitting in Osogbo, Osun State, has fixed January 30 for the hearing of the case, marked Charge No: MOS/601c/2025.
The defendants in the suit are: the UBA Plc, its Group Managing Director, Mr Oliver Alawuba, the Company Secretary and Group Legal Adviser, Mr Billy Odum and the Deputy Managing Director, Mr Chukwuma Nweke.
In the charge sheet, the government filed the 31-count charge against the bank and its officials, with each count relating to alleged infractions involving opening of bank accounts for the state’s 30 local government councils.
In count one, the prosecution alleged that the defendants, on or about December 9, 2025, and on subsequent days, at UBA’S Osun State branch office located in the Olonkoro area of Osogbo, conspired to commit a felony by opening, operating and maintaining what it described as illegal Osun State Local Government Council accounts.
The alleged offence, the charge stated, occurred within the Osogbo Magisterial District and is said to be contrary to and punishable under Section 516 of the Criminal Code, Cap 34, Volume 2, Laws of Osun State of Nigeria, 2002.
They were specifically accused of allowing the opening, operation and maintenance of accounts for each of the local government councils “by unknown private individuals as signatories” after the Local Government Service Commission had introduced to the defendants, Directors of Administration and General Services and Directors of Finance of all the local governments as signatories to the councils’ statutory accounts “and thereby committed an offence contrary to Sections 2 and 3 (1) and (2), and punishable under Section 5(1) and (2) of Osun State Local Government Accounts Administration Law, 2025.”
News
Umahi: We’re not tolling Third Mainland Bridge
Umahi affirmed this during inauguration of the N40 billion Closed Circuit Television Camera Centre on the Third Mainland Bridge, the previous day.
• Third Mainland Bridge
The Minister of Works Senator Dave Umahi has confirmed that the Federal Government has no plan to toll the rehabilitated Third Mainland Bridge in Lagos.
Umahi affirmed this during inauguration of the N40 billion Closed Circuit Television Camera Centre on the Third Mainland Bridge, the previous day.
He said : “We will not engage construction on this bridge because it will entail static load on the bridge.
“It is also within the town, so it will introduce many bottlenecks; that is why we are not tolling this bridge,” he said.
Umahi said that security would be handled by the police, noting that the 11-kilometre bridge would have a five-minute response time.
Akran of Badagry is dead, aged 89
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