The Lagos State Government (LASG) said it intends to remove four major roundabouts across the Lagos metropolitan area in a bid to expand road networks and facilitate free flow of traffic.
This was disclosed in a brief statement issued via the Government’s official Twitter handle, yesterday. According to the statement, the roundabouts that are up for demolition include Allen Avenue Roundabout, Maryland Roundabout, Ikotun Roundabout, and second roundabout along the Lekki-Epe Expressway.
It should be noted that these roundabouts have become major landmarks in Lagos. As such, their removal will mark a major shift, ultimately changing the landscape of the areas where they are located. But it is all for good.
Four roundabouts including Ikotun, 2nd roundabout on the Lekki-Epe Expressway, Allen Avenue roundabout and Maryland will be removed to pave the for road expansion and free flow of traffic.@jidesanwoolu #LASG #ForAGreaterLagos
— The Lagos State Govt (@followlasg) December 29, 2019
As you may well know, Lagos is Nigeria’s main commercial hub, and perhaps the only megacity in the entire country. Unfortunately, the city is also synonymous with serious road congestions/gridlock.
The problem is caused mostly by poor road networks across the city. And as you can expect, it has made the experience of living in Lagos relatively unpleasant for most people, even as businesses have suffered different kinds of losses due to the traffic nuisance.
For a while now, the Lagos State Government has been struggling to proffer a lasting solution to the problem. The planned demolition of the major roundabouts and subsequent expansion of the roads is obviously the latest solution the Government wants to try.
In the meantime, Lagosians seem to be favourably-disposed to the planned road expansion. As a matter of fact, many of them came up with a list of other roundabouts that need to be demolished in order to ease free flow of traffic in the city. For instance, Joe Odoro said there is a gigantic fish on top of Abraham Adesanya Roundabout which should also be pulled down so that the space can serve a better purpose.
That gigantic fish at Abraham adesanya roundabout should be pull dwn and the roundabout reduce or taken off completely and replace with traffic light, this will greatly ease traffic flow on that axis.
— joe (@odoro_joe) December 29, 2019
Other Twitter users agreed that the Abraham Adesanya Roundabout should really be done away it because it has become “a demonic stronghold for traffic gridlock”.
Please include the one at Abraham Adesanya, that monument has turned to a demonic stronghold for traffic gridlock
— FirmamentSpeaks (@ExaltedFarayola) December 29, 2019
Obviously, Lagosians do not want roundabouts in their city anymore. They just want good roads that will enable traffic to flow freely. Perhaps, Isaac Okon spoke the mind of all Lagosians when he said this:
Roundabout is always a bad idea
— Isaac okon (@Isaacokon3) December 29, 2019
House of Reps to make Youths globally competitive
House of Representatives is determined to make the Youths globally competitive.
“Facts don’t lie, a government that has devoted N500bn to youth empowerment every year. There’s Trader Moni, N-Power, and several others, they are all there,” he added.
Gbajabiamila added that the President Muhammadu Buhari’s administration has done a lot about youth empowerment and is ready to do more.
COVID-19: Ogun orders full reopening of churches, mosques, hotels
Religious centres and other public places have been reopened following the success recorded in flattening the curve of COVID-19.
The Ogun State Government has ordered the full reopening of churches, mosques, businesses, hotels, and entertainment centres across the state.
This was disclosed by the State Governor, Dapo Abiodun, in a statement signed by his Chief Press Secretary, Kunle Somorin, via the state’s Twitter handle on Wednesday.
Abiodun stated that the religious centres and other public places had been reopened, following the success recorded in flattening the curve of COVID-19.
According to him, the government is aware that many people are just recovering from the economic hardship imposed by COVID-19, as their activities had been affected by the lockdown, while necessary measures had been put in place to combat the pandemic.
He stated, “In the process of rebuilding the economy, the State Government was irrevocably committed to the successful implementation of the “Building our Future Together” agenda, and would ensure everything possible for people to have increased prosperity that would place the State on a sound footing towards continued development.
“Government would improve on testing, just as it continues to monitor the development and not hesitate to do selective lockdown should there be any flagrant disobedience to the set COVID-19 protocols.”
COVID-19: Ogun orders full reopening of churches, mosque, hotels
Pleased with the drop of COVID-19 infections in Ogun State, @dabiodunMFR, has announced that all hotels, viewing centres, marquees, event centres, suites, guest houses, motels, and establishments providing…. pic.twitter.com/sMiUe3DUt5
— Ogun State Government – OGSG (@OGSG_Official) October 28, 2020
What you should know
Governor Abiodun had closed religious centres, businesses and schools in March, as part of moves to flatten the curve of the coronavirus.
He later announced the reopening of only worship centres and schools in August.
Abiodun pegged the number of worshippers for each service at 200, and insisted that services must not exceed one and a half hours.
CBN reveals framework for the N75 billion Youth Investment Fund
The Nigerian Youth Investment Fund will be funded through the NIRSAL MFB window of the CBN.
The Central Bank of Nigeria (CBN) has revealed the implementation framework for the Nigerian Youth Investment Fund.
This was disclosed in a publication by the Development Finance Department under the auspices of the Central Bank of Nigeria.
The CBN stated that the Nigerian Youth Investment Fund (N-YIF) would be funded through NIRSAL MFB window, with an initial take-off seed capital of N12.5 billion.
The N-YIF aims to financially empower Nigerian youths to generate at least 500,000 jobs between 2020 and 2023.
Objectives of the scheme:
Improve access to finance for youths and youth-owned enterprises for national development.
Generate much-needed employment opportunities to curb youth restiveness.
Boost the managerial capacity of the youths, and develop their potentials to become the future large corporate organizations.
Explore Data on the Nairametrics Research Website
The fund targets young people between the ages of 18 and 35 years.
Beneficiaries of NMFB, TCF and AgSMEIS loans, and other government loan schemes that remain unpaid are also not eligible to participate.
Individuals (unregistered businesses) shall be determined based on activity/nature of projects subject to the maximum of N250,000.
Registered businesses (Business name, Limited Liability, Cooperative, Commodity Association) shall be determined by activity/nature of projects subject to the maximum of N3.0 million (including working capital).
The tenor of the intervention is for a Maximum of 5 years, depending on the nature of the business and the assets acquired, of which interest rate of not more than 5% under the intervention shall be charged annually.
The Federal Ministry of Youth and Sports Development (FMYSD) will collaborate with relevant stakeholders to identify potential training for training/mentoring.
The youths that are duly screened (and undergo the mandatory training where applicable) shall be advised to login to the portal provided by the NMFB to apply for the facility.