Epe-City News Blog

BY: Jubril Epe-City Jnr In the heart of Eredo LCDA, an exemplary leader has emerged, embodying the essence of responsiveness and community commitment. Hon. Ismail Monsuru Akinloye, the Executive Chairman, stands as a stalwart figure, ever-ready to extend a helping hand to his people, especially in times of adversity. Akinloye's leadership style is marked by a profound sense of duty and empathy, transforming him into a beacon of hope for the residents of Eredo LCDA. His responsiveness is not just a political virtue but a deeply ingrained characteristic that reflects his genuine concern for the well-being of the community. One of the defining qualities of Hon. Akinloye is his unwavering commitment to being there for his people during challenging situations. Whether faced with natural disasters, economic hardships, or health crises, he has consistently demonstrated a readiness to address the needs of the community promptly and effectively. During times of crisis, Akinloye mobilizes re...

The Federal High Court in Abuja, on Monday, voided and set aside the presentation and passage of Rivers State 2024 budget by a group of four-member legislators in the State. The court in a judgment delivered by Justice James Omotoso ordered the governor of the State, Siminalaye Fubara to represent the budget to the legally constituted House of Assembly under the Speaker, Martin Amaewhule. James Omotoso quashed the withholding of the House of Assembly fund on the ground, declaring that he has no constitutional power to do so. The court restrained Governor Fubara from frustrating the House of Assembly under Amaewhule from sitting or interfering in the affairs of the House. The redeployment of the Clerk and the Deputy Clerk done by the Governor was declared null and void and was set aside. The Inspector General of Police was ordered to immediately give adequate security to the Speaker and legislators loyal to former Governor Nyesom Wike. Justice Omotoso ordered the Clerk and the Deputy Cl...

  A tragic accident on the Lagos-Badagry Expressway on Saturday has claimed the lives of two motorcyclists, raising concerns about the dangers of riding against traffic. The incident comes just weeks after Lagos State Governor, Babajide Sanwo-Olu, expressed his fears about the reckless behavior of some motorcyclists and vowed to crack down on violators. According to the Lagos State Traffic Management Authority (LASTMA), the accident occurred near Barracks Bus Stop, the same location where Governor Sanwo-Olu apprehended a soldier riding against traffic earlier this month. The motorcyclists, reportedly traveling in the wrong direction, were hit by an empty diesel truck that lost control due to a burst tire. One of the motorcyclists died at the scene, while the other succumbed to injuries at a nearby hospital. Two passengers on the motorcycle were also injured in the crash. The truck driver reportedly fled the scene after the accident. This tragic incident underscores the dangers of r...

  Nigeria’s Aliko Dangote has reclaimed his post as the richest person in Africa, according to Forbes Real-Time Billionaires. Last week, South African business tycoon, Johann Ruper, took over the position from Dangote. According to the ranking as of January 8, Dangote’s net worth improved by $10 million to $10.1 billion while Rupert’s net worth as of January 8 was $10 billion, down from $10.7 billion as of January 30, 2023. Dangote, the head of Dangote Group is ranked 191st on the Forbes list, while Rupert is ranked 197th worldwide.

The Lagos State House of Assembly on Friday passed a total of N2,267,976,120,869 as the 2024 budget size of the State at a plenary session presided over by the Speaker, Rt. Hon. Mudashiru Obasa. The budget representing 58 percent Capital Expenditure and 42 percent Recurrent Expenditure was approved following a unanimous voice vote by all the lawmakers present at the sitting. “A bill for a law to authorise the issuance and appropriation of N952,430,566,998 from the Consolidated Revenue Fund for Recurrent Expenditure and N1,315,545,553,871 from Development Fund for Capital Expenditure thereby totaling a budget size of N2,267,976,120,869 for the year ending 31st December, 2024 be passed into law,” the Speaker had raised on the floor as the budget report was read a third time. Dr. Obasa, thereafter, commended the lawmakers for their dedication and cooperation at ensuring a quick passage of the Appropriation Bill while directing the Clerk of the House, Barr. Olalekan Onafeko, to forward a c...

  Johann Rupert and family have emerged as the richest man in Africa, dislodging Aliko Dangote as the continent’s wealthiest man in a list released by Forbes Magazine. Nigerian billionaires; Rabiu Abdulsamad and Mike Adenuga have lost their spots in the billionaire rankings released by the financial magazine In the list, the Forbes Daily billionaires ranking platform, which tracks daily changes to the net worth of the most high-net-worth individuals across the world revealed that Aliko Dangote moved down to second position as his wealth decreased from $13.5b in 2023 to $9.5b in the start of 2024. In the list, there were significant declines in the wealth of the billionaires. The wealth of Nigeria’s Mike Adenuga, moved him to the tenth position, while Patrice Motsepe who was in the top ten in 2023 didn’t make the top ten richest men in 2024. Additionally, no woman made the top ten richest list at the start of the year. The declines in the wealth of these individuals are pointers to ...

President Bola Tinubu has signed the 2024 Appropriation Bill into law in keeping with his avowed commitment to maintaining a timeous, predictable, and efficient budget cycle. President Tinubu assented to the bill at the State House, on Monday, shortly after returning to Abuja from Lagos. Speaking at the signing of the bill, the President assured Nigerians that the implementation of the budget would be efficiently pursued and vigorously monitored, adding: "All the institutional mechanisms shall be held to account in ensuring diligent implementation". "All MDA’s have been directed to take responsibility and provide monthly Budget Performance Reports to the Ministry of Budget and Economic Planning, which in turn shall ensure the veracity of such. The Minister of Finance and Co-ordinating Minister of the Economy shall hold regular reviews with the Economic Management Team and, in addition, I shall Chair periodic Economic Coordination Council meetings," he said. The top ...