In a bold new direction, the Lagos State Office of Sustainable Development Goals (OSDG), in partnership with the Lagos State Environmental Protection Agency (LASEPA) and the Lagos State Safety Commission, has announced the inaugural Lagos Sustainability Summit. Scheduled for September 12, 2024, at the prestigious Eko Hotel & Suites, this …
Read More »CBN drives sustainable banking, IFRS adoption to attract foreign investment
The Central Bank of Nigeria (CBN) has said that it was at the forefront of promoting sustainable banking practices through the adoption of International Financial Reporting Standards (IFRS) as part of a broader strategy to attract foreign investment and achieve economic growth. Olayemi Cardoso, governor of the CBN, said that …
Read More »FG begins duty-free import of food items
The Nigeria Customs Service has been directed to start the implementation of the zero per cent import duty and exemption of Value-Added Tax on basic food items. This was after President Bola Tinubu approved the implementation of zero per cent import duty and exemption of Value-Added Tax on basic food …
Read More »Lagos stakeholders committed to fight food insecurity
Lagos State Governor, Mr. Babajide Olusola Sanwo-Olu has expressed his administration’s commitment to foster partnerships with key stakeholders to drive initiatives that will uplift the state’s agricultural sector, reduce waste and ensure that every Lagosian has access to nutritious food. The Governor made this remark today at the 11th Annual …
Read More »Olam Agri pledges ₦6.5 billion towards sustainable development in Nigeria
Olam Agri, a leading agribusiness in food, feed, and fibre in Nigeria, is significantly expanding its Corporate Responsibility and Sustainability (CR&S) investment strategy to deepen its social, environmental, and economic development impact within the country. The company has committed to a four-year development plan, allocating approximately ₦6.5 billion to various …
Read More »Lagos govt empowers 20,000 girls, women in waste to wealth initiative
With intensified efforts to support a circular economy for sustainable economic growth, the Lagos State government has revealed that about 20,000 of the female gender will be beneficiaries in its waste to wealth initiative. This was stated by the Commissioner for Youth and Social Development, Mr. Mobolaji Ogunlende during a …
Read More »Import duty waiver on rice, others begins next week – FG
The guidelines for the suspension of customs duty and taxes on imported food items are to commence next week, the Federal Government announced on Tuesday. In July the Federal Government approved a 150-day duty-free window to allow the importation of maize, husked brown rice, and wheat as part of measures …
Read More »Hardship: Sanwo-Olu urges agro, food processing companies to crash prices
Lagos State Governor, Mr. Babajide Sanwo-Olu, has urged agro and food processing companies to work toward reducing their prices during this time of economic hardship as a way of giving back to the society and ensuring food security in Nigeria. Governor Sanwo-Olu made the call on Thursday during a courtesy …
Read More »FG approves greener hope programme to enhance security, economic development
In a groundbreaking move to enhance food security and economic development, the Federal Executive Council (FEC) has approved the Greener Hope National Agricultural Mechanisation Programme (GHAPP). Spearheaded by Origin Tech Group in collaboration with the Ministry of Agriculture and Food Security, GHAPP aims to revolutionize Nigeria’s agricultural sector, boosting productivity …
Read More »FG begins sale of 50kg rice for N40,000
The Federal Government on Monday said it had created centres across the country where Nigerians can purchase a 50kg bag of rice for N40,000. The Minister of Information and National Orientation, Mohammed Idris, revealed this on Monday while briefing correspondents on the outcome of the Federal Executive Council meeting presided …
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