Tag: Lagos State
-
Sanwo-Olu Signs Electricity Bill into Law
Lagos State Governor Babajide Sanwo-Olu has signed the State Electricity Bill 2024, a transformative legislation aimed at addressing the state’s longstanding power challenges and creating an independent electricity ecosystem. The signing ceremony at Lagos House, Alausa, Ikeja, was attended by key government officials, including Deputy Governor Dr. Femi Hamzat and relevant commissioners. Governor Sanwo-Olu describedthe…
-
Lagos Celebrates Supreme Court Verdict Over Lottery Regulation Rights
The Lagos State Government has welcomed a landmark Supreme Court ruling that invalidates the National Lottery Act, affirming states’ constitutional authority to regulate gaming activities within their territories. In a detailed statement, Commissioner for Information and Strategy, Gbenga Omotoso, described the Supreme Court’s decision in Suit No. SC/1/2008 as “a historic victory for the rule…
-
Sanwo-Olu Presents Record N3trn Budget for 2025 Fiscal Year
Lagos State Governor Babajide Sanwo-Olu has presented an ambitious 3 trillion naira budget proposal to the State House of Assembly for the 2025 fiscal year, marking a 32.5 percent increase from the current year’s 2.3 trillion naira budget. The proposal, dubbed the “Budget of Sustainability,” demonstrates the state’s commitment to economic growth and infrastructure development.…