Tag: Lagos

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Sanwo-Olu to make Lagos global economic powerhouse, says commissioner

The Commissioner for Commerce, Trade and Investment, Mrs. Folashade Kaosarat Bada Ambrose, on Monday, said that the Babajide Sanwo-Olu administration is committed to making the state a globally competitive economic powerhouse.

Speaking during a press briefing to announce the kick off of the Lagos Investors Summit 2.0 and Africa Social Impact Summit, (ASIS) 2025, on Monday, Ambrose said the theme of the two-day event slated for July 10 and 11, 2025 is “Scaling Action: Bold Solutions Towards Making Lagos a 21st Century Economy.”

She added that the theme was derived from the general theme of the Africa Social Impact Summit: “Scaling Action: Bold Solutions for Climate Resilience and Policy Innovation.”

“The theme of the Lagos Investment Summit 2.0 reflects our unwavering commitment to building a globally competitive economic powerhouse. We are shifting from dialogue to delivery, from potential to performance, and from planning to implementation.

“The Lagos Investors Summit 2.0 is more than a meeting; it is a platform for actionable collaboration. It will bring together visionary investors, policymakers, industry leaders, development partners, and global stakeholders to explore bold solutions that will drive infrastructure expansion, unlock financing, deepen enterprise growth, and power digital innovation – all towards making Lagos A 21st-century Economy.

“The Summit will run from 8:00 AM to 12:00 PM, followed by a networking where delegates can forge meaningful partnerships that will shape the future of our economy. A key feature of the Summit is the Deal Rooms, where the state’s investment potential would be pitched to potential investors.

“This is expected to be anchored by political heads in the various Ministries, Departments and Agencies (MDAs) and other senior government representatives.

“This summit comes at a pivotal time as Lagos continues to lead the way in sub-Saharan Africa, attracting investment, harnessing talent, and building infrastructure that supports inclusive prosperity. Key sectors to watch out for include civil infrastructure, transportation, technology, green energy, creative economy, real estate, blue economy, and agribusiness.

“The deal rooms would facilitate one-on-one and matchmaking sessions for serious investors, in addition to interaction with government officials, global investors, Development Finance Institutions (DFIs), multilateral organisations, and business executives.

“Let me take this opportunity to invite investors, partners, and stakeholders – both local and international – to be part of this transformative moment. Lagos is open for business, and this Summit will spotlight the unparalleled opportunities that lie within our borders, particularly as Lagos is a hub for smart city solutions, digital infrastructure, and fintech.”

Ambrose was optimistic that the Lagos Investment Summit 2.0 would lead to the African Social Impact Summit, ASIS co-convened by Sterling One Foundation and United Nations in collaboration with Sterling Bank and Lagos State Government.

“The Africa Social Impact Summit (ASIS) is a multi-sectoral platform dedicated to accelerating action on the Sustainable Development Goals (SDGs) in Nigeria and across Africa.

“The two-day summit has the objectives to establish a collaborative framework among the public/private sectors and the development community to create measurable impact through influence and advocacy; provide impact investment opportunities for social enterprises in critical sectors and vital need areas, thereby facilitating the scaling of outcomes in line with the SDGs and the African Union 2063 Agenda; while stimulating increased involvement of stakeholders across public and private sectors in developing policies to aid the speedy achievement of the SDGs and provide support for Africa’s new action plan.”

She added that the Summit is Africa’s premium platform for accelerating the implementation of the Sustainable Development Goals (SDGs).

Ambrose further stated that this year’s edition focuses on strengthening sub-national development, rethinking financial flows, and addressing structural inequalities through long-term investment and reform.

“The essence is to drive conversations on inclusive growth, Environment, Sustainability and Governance – ESG, climate resilience, health equity, education, youth empowerment, and social enterprises.

“As an event pivotal to spotlighting SDG progress and gaps across Africa, ASIS 2025 will promote partnerships, collaborations between governments, NGOs, development agencies, investors, and private sector to scale social impact.

“The ASIS, which will feature high-level speakers, panel discussions and more, provides an avenue for leaders from various sectors to engage in practical and transformative efforts to address Africa’s most urgent challenges related to the SDGs and the African Union Agenda 2063.” (Guardian)

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Ex-Int’l football player, 4 others arrested over 22.6kg cocaine at Lagos airport

The National Drug Law Enforcement Agency has arrested a former international football player, Segun George Hunkarin, and his associate, Ntoruka Chinedu, for attempting to smuggle cocaine into Nigeria through Murtala Muhammed International Airport, Ikeja, Lagos.

Chinedu, a regular traveller known for importing clothes from Turkey and exporting foodstuffs from Nigeria, was arrested on Tuesday, June 24, 2025, upon arrival from Turkey via an Ethiopian Airlines flight with a stopover in Addis Ababa.

A statement by the agency’s spokesman, Femi Babafemi, on Sunday stated that a search of his hand luggage uncovered 37 wraps of cocaine weighing 800 grammes, which he had reportedly collected in Ethiopia before heading to Nigeria.

Further investigation led to the arrest of Hunkarin, a former professional footballer who had spent years playing in Brazil.

“Investigation showed that the suspect was coming from Turkey on an Ethiopian Airlines flight but transited through Addis Ababa, Ethiopia, where he collected the luggage from another person before heading to Nigeria. Further checks revealed that an accomplice, who turned out to be the former professional footballer Segun Hunkarin, was waiting for Chinedu at the airport car park to collect the consignment from him.

“Hunkarin, who had spent years in Brazil playing for football clubs, was promptly tracked and arrested at the car park. In his statement, Hunkarin claimed that while playing professional football in the South American country, he had only trafficked drugs twice from Brazil to Ethiopia but had never brought any to Nigeria,” he added.

In another development, Babafemi said a Europe-based businessman, Amen Okoro Godstime, was arrested at Lagos airport on Friday, June 27, while attempting to smuggle 5,000 tablets of tramadol (225mg) disguised as malaria drugs such as Lonart, Amatem, and Aluktem.

He added that Okoro was caught at Terminal 2 during the clearance of passengers for a Royal Air Maroc flight to Spain via Casablanca. Okoro claimed he intended to move the drugs to Italy through France, where he resides.

At Akanu Ibiam International Airport, Enugu, Babafemi said NDLEA operatives intercepted two drug traffickers arriving from different parts of the world on June 27.

He noted that one, 38-year-old bar attendant Ezenwaka Chibuzor Emmanuel, was arrested with 17.5kg of methamphetamine and 3.05kg of cocaine concealed in bedsheets. He had travelled from Johannesburg via Addis Ababa.

The second, 54-year-old Azu Follygan Kpodar, arrived from São Paulo, Brazil, with a plastic liquid soap container that, upon analysis, was found to contain 1.25kg of liquid cocaine. Kpodar, who trades in toys in Brinquedo, São Paulo, claimed he bought the substance while shopping for his upcoming wedding in Nigeria.

Babafemi said, “At Akanu Ibiam International Airport, Enugu, NDLEA operatives on Friday, June 27, intercepted a Maputo, Mozambique-based bar attendant, Ezenwaka Chibuzor Emmanuel. A search of his luggage led to the discovery of 17 cardboard-sized parcels of methamphetamine weighing 17.5 kilogrammes and three parcels of cocaine weighing 3.05 kilogrammes.

“The 38-year-old suspect was coming from Johannesburg, South Africa, via Addis Ababa, Ethiopia, on an Ethiopian Airlines flight when he was interdicted and subjected to a search, during which the illicit drugs concealed in bedsheets packed in his bags were discovered.

“Another passenger on the same Ethiopian Airlines flight, 54-year-old Azu Follygan Kpodar, was also intercepted at Enugu airport by NDLEA operatives. When Azu, who arrived from São Paulo, Brazil, was searched, a liquid soap plastic container marked YPE was discovered in his luggage. The substance was promptly taken for analysis at the NDLEA forensic and chemical laboratory, Enugu, where it tested positive for cocaine. The substance, which turned out to be liquid cocaine, weighed 1.25kg. The suspect, who is a toy seller in Brinquedo, São Paulo, Brazil, claimed he purchased the substance while shopping for his wedding ceremony in Nigeria.”

Meanwhile, Babafemi said NDLEA operatives at the Seme border in Badagry arrested 26-year-old Vode Jean-Luck, a Beninese national, on June 24 while attempting to smuggle 69 balls of skunk, a potent strain of cannabis weighing 29.5kg, into Nigeria.

In Omu-Aran, Kwara State, Babafemi said operatives on 25 June raided the residence of a notorious drug dealer, Mary Bolanle Oladele, also known as “Iya Nafi,” recovering various quantities of skunk, tramadol, and flunitrazepam.

In another operation in Delta State, 72-year-old Christy Ejaro was arrested in the Niger CAT area of Warri on June 24. Several sachets of skunk packed for retail were recovered from the grandmother. (Punch)

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Man, 22, faces motorcycle theft charge

A 22-year-old man, Muhammed Abdulazeez, on Wednesday appeared before an Ojo Magistrates’ Court in Lagos for allegedly stealing a TVS Motorcycle.

The defendant is standing trial before Magistrate Mr. L.K.J Layeni, on a count charge of stealing.

He, however, pleaded not guilty to the charge.

The prosecutor, ASP Simon Uche, told the court that the defendant committed the offence on Jan. 22, at the Alaba Rago area of Ojo.

He alleged that the defendant stole a red colour of TVS Motorcycle with registration number KSF 704 QH.

According to him, the motorcycle belongs to one Mr. Mohammed Sanni and is valued at N800,000.

The offence contravene the provision of Section 287 of the Criminal Law of Lagos State, 2015.

The court granted the defendant bail in the sum of N500,000 with one surety in like sum.

The magistrate adjourned the case until March 5 for mention. (Guardian)