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Expect Audacious Development Programmes In 2020-Sanwo-Olu

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Lagos State Government will be pursuing audacious development programmes in 2020, Governor Babajide Sanwo-Olu revealed in a New Year broadcast.

The Governor unveiled his administration’s direction in policies and programmes in the year, disclosing that the Government would be prioritising investment in critical infrastructure with a new vigour.

Sanwo-Olu said the State Government was prepared to shift the burden of transportation away from roads alone, disclosing that there would be renewed focus on waterways and rail transportation in the current year.

The objective, the Governor said, is to disperse traffic on the roads and give residents a new choice in mass movement across the State.

With the signing of the State’s N1.168 trillion 2020 Budget into law last Tuesday, the Governor said his administration had been statutorily emboldened to fully tap into the potential of its waterways and rail corridors by pursuing fresh investment and partnerships that would help his Government deliver an inter-modal transportation model.

Traffic management and transportation is a key pillar of the Sanwo-Olu administration’s development agenda, known as Project T.H.E.M.E.S, seeking to assuage the pains of Lagos residents occasioned by road gridlocks by reducing travel time and scaling up productivity.

The Governor said: “We are prioritising investment in infrastructure this year to shift the burden of transportation away from the roads unto the waterways as a means of moving our people around safely and efficiently. Lagos is endowed with a large body of water that has been under-exploited over the years. This is why we have set up a challenged ourselves to investment in this underutilised channel.

“Work will begin to happen on our waterways and Lagos State Waterways Authority (LASWA) has been saddled with this responsibility. In terms of the pace of work that is going on our Blue Line Rail project, which stretches from Okokomaiko to Marina, we expect the work to pick up and get Phase 1 of it completed for operations. Also, construction work to commence on the Red Line that will stretch from Agege to Ebute Metta, this year.”

Sanwo-Olu observed that Lagos State Public Works (LSPW) had been complementing his administration’s infrastructural renewal programme with persistent rehabilitation works on existing roads to ease flow of traffic on feeder roads. The repair work, he said, will continue across the State.

The Governor said the State had doubled its budgetary allocation to healthcare purposely to boost human capital and productivity, disclosing that the Government would be building more tertiary healthcare facilities in underserved areas across the State. This, he said, will make quality healthcare accessible and affordable for residents irrespective of income level.

He added that massive upgrading programme of Primary Healthcare Centres (PHCs) will commence in the first quarter of the year, revealing that a chunk of funds had been integrated in the healthcare budget for comprehensive investment in universal health insurance coverage scheme for all residents.

Sanwo-Olu said his administration’s education programme remained on course, noting that the Government had commenced training of new teachers and retraining of those already in the system. This, he said, is being complemented with massive rehabilitation of public schools across the State, pointing out that 300 schools were already being renovated in the Phase 1 of the scheme.

As the year progresses, the Governor promised that more development programmes would be unveiled across the pillars of his administration’s agenda that will directly touch the lives of residents, pleading for support and cooperation of the people. He said his Government would not retreat from taking actions that will solve challenges facing the State.

He said: “There is so much to look forward to in this New Year. I solicit for full cooperation and support as we take the first step into 2020. Together, we can achieve the ‘Greater Lagos’ of our dreams. Let us join hands and usher in the New Year with hope and confidence, with the knowledge that brighter days are ahead of us.

“In spite of whatever challenges that the New Year might bring, we will not retreat from the challenges; instead, we will convert the challenges to stepping stone to success and true greatness. I wish all Lagosians a happy and prosperous 2020.”

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Tenure Policy: India, Others Reject Tinubu’s Ambassadors

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Some countries, including India, have reportedly declined to accept a number of ambassadors recently nominated by Bola Tinubu, citing diplomatic policies tied to the remaining tenure of the sending government.

Sources within Nigeria’s Presidency and the foreign service disclosed that India has a standing practice of not accepting ambassadors from administrations with less than two years left in office.

One of those affected is career diplomat Ambassador Muhammad Dahiru, who was nominated to serve in New Delhi.

According to officials familiar with the matter, the Asian country is exercising its discretion to delay or reject the request from Nigeria’s Ministry of Foreign Affairs for Dahiru’s acceptance.

“They don’t accept an ambassador from an administration that has less than two years in office. So they are giving us that body language already,” a Presidency source said.

The development follows earlier concerns that several of Tinubu’s ambassador-designates could face resistance from host countries due to the limited time left in the administration’s current tenure.

Under diplomatic protocol, countries must grant formal approval known as agrément before a nominated envoy can assume duties. Without this consent, ambassadors cannot be officially deployed.

Officials say while India’s position is the most explicit so far, other countries may adopt similar approaches, potentially delaying Nigeria’s plan to fully restore ambassadorial representation across its foreign missions.

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Adenuga, Dangote, Otedola, Rabiu Make 2026 Forbes Africa Billionaires List

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Aliko Dangote, Mike Adenuga, Femi Otedola, and Abdulsamad Rabiu have been named among Africa’s richest individuals in 2026.

According to the latest Africa Billionaires ranking released by Forbes, Dangote retained his position as Africa’s richest man, with an estimated net worth of $28.5 billion. He added about $4.6 billion to his fortune over the past year, largely driven by the strong performance of Dangote Cement on the Nigerian Exchange Limited.

Telecommunications magnate Adenuga also retained his place among Africa’s billionaires.

The founder of Globacom and chairman of Conoil Producing remains one of Nigeria’s most influential entrepreneurs with diversified interests spanning telecoms, oil and gas, and banking.

Otedola, chairman of Geregu Power Plc, also featured on the list despite a slight dip in his wealth over the past year. Forbes estimates that the billionaire investor lost about $200 million following the sale of a majority stake in the power generation company at a discount to its market price.

The increase in Rabiu’s net worth was largely driven by the performance of BUA Cement, whose shares rose 135% over the past year, outperforming the broader rally on the Nigerian stock market.

The 23 billionaires on the continent are now worth a combined $126.7 billion, representing a 21% increase from 2025 after they collectively added $20.3 billion to their net worth.

Across the continent, billionaire fortunes were boosted by strong equity market performance, record corporate profits, and improving currency stability in several African economies.

South Africa remains the highest number of billionaires on the list, with seven individuals, followed by Egypt with five, Nigeria with four, and Morocco with three.

No female billionaires from Africa appeared on the 2026 ranking list.

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Israeli Ambassador Accuses Iran of Spreading Terror, Sponsoring Extremist Activities in Nigeria

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Israeli Ambassador to Nigeria, Michael Freeman, has accused Iran of sponsoring extremist activities in Nigeria and other parts of the world, alleging that Tehran supports groups aimed at destabilising countries while pursuing its hostility against Israel.

Freeman made the remarks on Friday while speaking during an interview on The Morning Show on Arise News.

The envoy claimed that Iran is the only country within the United Nations that openly expresses a desire to destroy another sovereign state, referring to repeated threats against Israel.

According to him, the Iranian government has, over several decades, supported militant groups and terror organisations around the world in pursuit of that objective.

Freeman alleged that Iran has backed groups such as Hamas and Hezbollah, adding that Tehran was also behind the October 7 attack carried out by Hamas against Israel.

He further claimed that Iranian activities aimed at spreading instability have been observed across several regions, including Europe, Australia, and parts of Africa.

Speaking specifically about Nigeria, the Israeli ambassador alleged that the Islamic Movement of Nigeria receives backing from the Iranian government.

According to Freeman, statements of support from Iran’s leadership, including posts by Ali Khamenei on social media, have openly indicated such ties.

He said: “The issue here is about Iran. Iran is the only country in the world, in the United Nations, who expressly desires to wipe another country off the face of the earth. Iran has stated its very policy is to destroy Israel. Is to wipe Israel off the map is to make sure they kill every single person and no regime, no country that has an express desire to destroy Israel, and it’s not only an expressed desire.

“We’ve seen over 47 years, they’ve taken all the actions they can in order for that to happen. We’ve seen them sponsor terror organizations. They were behind October the seventh massacre of Hamas. We’ve seen them sponsoring Hezbollah. We’ve seen them acting in Europe. We’ve seen them acting in Australia. We’ve seen them acting in Nigeria.

“We’ve seen these people acting all across the world in order to spread disturbance for them to try and carry out their aim of destroying Israel, and Israel will not allow another country to have nuclear weapons when they’ve expressly stated they want those weapons to destroy Israel”.

“I think that it is well documented. We know that there are certain movements, for example, the Islamic movement of Nigeria is sponsored and is backed by the Iranian regime. This is not me saying this, we’ve seen that documented by the Iranian regime.

The Supreme Leader posted on X his support and his backing there. So that’s very open. And there are other areas as well that Iran is working for, destabilizing, not only Nigeria, but all of West Africa.”

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