Headline

Sanwo-Olu Approves Opening Of Lekki-Ikoyi Toll Gate At Peak Hours Tomorrow

Published

6 years ago

July 16, 2019

Editor

In furtherance of Lagos State Government’s real time traffic simulation survey being carried out with the aim of reducing traffic congestion around the Lekki-Epe and Ikoyi axes, Governor Babajide Sanwo-Olu has again approved the opening of Lekki and Ikoyi toll gates during peak hours on Wednesday 17^th July 2019.

A statement signed by the Governor’s Deputy Chief Press Secretary, Mr. Gboyega Akosile stated that a toll-free passage at the toll plaza on Lekki-Epe Expressway and the Lekki-Ikoyi Link Bridge would run between 6:30am and 9:30am in the morning, and also at the peak period in the evening (4:30pm to 7.30pm).

The statement reads: “Lagos State Governor Mr. Babajide Sanwo-Olu has declared toll free for all motorists going and coming out of Lekki axis during rush hours tomorrow, Wednesday 17^thof July 2019 to allow the State’s consultants complete the traffic simulation survey that was started a couple of weeks ago.

The toll free hours, Sanwo-Olu stated, is to allow traffic consultants to the government carry out a comprehensive study of traffic flow around Lekki-Ikoyi-Victoria Island axes, which is part of the initiatives the government is bringing to diffuse vehicular gridlock in major Business Districts in the State.

According to the Governor, the cost of the toll fees for the study period will be borne by the government.

Recall that Governor Sanwo-Olu said the State was undertaking a traffic study with a group of experts to know where the traffic would go when the tollgates are left open for steady movement.

“It is only when we do this activity at the peak hour that we will be able to understand how to deal with congestion in these places,” Sanwo-Olu said.

The Governor said the undertaking was necessary for the government to take actions that would lead to reduction of traffic on the axes by 50 per cent. The resultant effect, he said, would lead to decrease in travel time and improved productivity.

“We are restating our commitment to bringing about a quick journey time through our traffic solution. The way we want to do it is to have an online real-time study of what the issues are. We are going to analyse the dimension of observed challenges and discuss next steps of solution we are bringing,” the Governor said.

Headline

Defence Gulps Lion Share As Tinubu Presents N58.47trn 2026 Budget to NASS

Published

6 hours ago

December 19, 2025

Eric

President Bola Tinubu has presented a budget of N58.47 trillion for the 2026 fiscal year to a joint session of the National Assembly, with capital recurrent (non‑debt) expenditure standing at N15.25 trillion.

Tinubu presented the budget on Friday, pegging the capital expenditure at N26.08 trillion and putting the crude oil benchmark at US$64.85 per barrel.

He said the expected total revenue is N34.33 trillion, projected total expenditure: N58.18 trillion, including N15.52 trillion for debt servicing. The budget is N23.85 trillion, representing 4.28% of GDP.

The budget was anchored on a crude oil production of 1.84 million barrels per day, and an exchange rate of N1,400 to the US Dollar for the 2026 fiscal year.

In terms of sectoral allocation, defence and security took the lion’s share with N 5.41 trillion, followed by infrastructure at N3.56 trillion.

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Mike Adenuga, Emmanuel Macron Hold High-Powered Meeting in Paris

Published

2 days ago

December 18, 2025

Eric

Accomplished billionaire businessman and Commander of the French Légion d’Honneur, Dr. Mike Adenuga Jr., GCON, CdrLH, has held a private meeting with the French President, Emmanuel Macron.

The two powerful citizens of the world held the meeting on Wednesday at the historic Élysée Palace in Paris.

The high-level engagement underscores the longstanding relationship between Dr. Adenuga and the French Republic, as well as his continued relevance in global business and diplomatic circles.

A respected industrialist and philanthropist, Adenuga has been widely acknowledged for his contributions to economic development, telecommunications, energy, and humanitarian causes across Africa and beyond.

The meeting adds to Dr. Adenuga’s growing profile as a bridge between African enterprise and international leadership.

Headline

Free at Last: Burkina Faso Releases 11 Nigerian Soldiers, Aircraft

Published

2 days ago

December 18, 2025

Eric

Burkina Faso has released Nigerian soldiers who were detained after their aircraft made a forced landing in the Sahelian country earlier this month, Nigerian officials said.

The release followed a diplomatic intervention by President Bola Tinubu, who dispatched a high-level delegation led by the Minister of Foreign Affairs, Yusuf Tuggar, to meet Burkina Faso’s Military Leader, Ibrahim Traoré, on Wednesday.

In a statement, Alkasim Abdulkadir, Tuggar’s spokesperson, said both sides resolved the matter amicably and secured the release of the Nigerian Air Force pilots and crew.

The soldiers had been held for nearly two weeks after the Confederation of Sahel States (AES) described the aircraft’s landing as an “unfriendly act” carried out in defiance of international law.

The Nigerian Air Force, however, said the crew encountered a technical issue that required a precautionary landing in Bobo-Dioulasso, the nearest available airfield. It said the landing complied with standard safety procedures and international aviation protocols.