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IBEJU-LEKKI: THE SOUGHT-AFTER NEWEST OIL MONEY by Dennis Isong

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IBEJU-LEKKI: THE SOUGHT-AFTER NEWEST OIL MONEY by Dennis Isong

IBEJU-LEKKI: THE SOUGHT-AFTER NEWEST OIL MONEY by Dennis Isong

 

 

On the 24th of January, 2023, it was an honor for the Lagos State Government to receive the President of the Federal Republic of Nigeria, President Muhammadu Buhari to commission the:

 

  1. Dangote Oil Refinery
  2. Lekki Deep Seaport
  3. Imota Rice
  4. 4th Mainland flag off

 

 

IBEJU-LEKKI: THE SOUGHT-AFTER NEWEST OIL MONEY by Dennis Isong

 

All of these places are in Ibeju-Lekki axis.

 

In the Lekki Free Zone Lagos, Nigeria, the Dangote Oil Refinery is a 650,000 barrels per day (BPD) integrated refinery project. It is anticipated to be both the largest single-train facility in the world and the largest oil refinery in Africa.

 

With 1,100 kilometers of pipeline infrastructure and the capacity to handle 3 billion standard cubic feet of gas per day, the Dangote Petroleum Refinery has the largest pipeline infrastructure in the whole globe. The Refinery alone has a 435MW Power Plant that can supply all of Ibadan DisCo’s energy needs.

 

 

The Refinery will have a surplus of each of these goods for export in addition to meeting the whole Nigerian demand for all refined products. A $21 billion market for Nigerian crude will be created by the multi-billion dollar Dangote Petroleum Refinery. With the ability to process various crudes, it is intended to process Nigerian crude.

 

 

THE LEKKI DEEP SEAPORT

 

The federal government, acting through the Nigerian Ports Authority (NPA), the Lagos State Government, the Tolarams Group (owners of the Lagos Free Zone), and China Harbour Engineering Company are partners in the $1.5 billion LEKKI DEEP SEAPORT project.

 

Executive Secretary, Nigerian Shippers Council (NSC), Emmanuel Jime said,

“Lekki deep seaport represents a dynamic change as far as the maritime domain is concerned. This is a fully automated port. The implication of that is that for once we are going to have a port that will ensure not only that things are conducted diligently but also seamlessly.”

 

 

THE LAGOS STATE IMOTA RICE MILL manufacturing facility in Ikorodu was inaugurated by President Muhammadu Buhari on Monday, increasing Nigeria’s capacity to produce rice.

 

The mill is anticipated to increase the nation’s ability to produce domestic parboiled rice. The mill aspires to dominate the market as a producer of luxury brands.

 

“The Imota Rice Mill is an effort by Lagos State to support the country’s rice revolution,” Babajide Sanwo-Olu, governor of Lagos State said at the commissioning. “It will create jobs and help drive sustainable growth and we are glad to be part of the country’s agricultural revolution.”

 

 

The Lagos State Government announced on Friday that the FOURTH MAINLAND BRIDGE project’s scheduled development will be finished in 2027.

 

Once finished, the bridge will be the second-longest in Africa and feature three toll plazas, nine interchanges, a 4.5-kilometer Lagoon Bridge, and an environmentally favorable setting.

 

It is anticipated to be around 37 kilometers long and will begin at Abraham Adesanya in Ajah on the Eti-Osa-Lekki-Epe corridor, travel via Ikorodu, Nigeria’s Owutu/Isawo, and end at the Lagoon Expressway beachfront. In 2027, the project will be finished.

 

 

 

Ibeju Lekki is a rapidly developing area in Lagos, Nigeria that has seen significant growth in recent years.

 

 

 

The area is known for its beautiful beaches, natural resources, and proximity to major business and industrial centers.

 

Buying a property in Ibeju Lekki can be a great investment decision for several reasons, most especially, now that there are 4 massive projects commissioned to run concurrently.

 

What does that imply? Buying property in this area is the potential for significant appreciation in value.

 

 

 

As the area continues to develop and attract more businesses and residents, the demand for real estate in Ibeju Lekki is likely to increase now, leading to higher property values.

 

Another benefit of buying property in Ibeju Lekki is the potential for rental income. As more people move to the area for work at these sites and leisure, the demand for rental properties is likely to increase. This can provide investors with a steady stream of passive income.

 

Ibeju Lekki is also known for its beautiful beaches and natural resources, making it a popular tourist destination. This can open up opportunities for investors to develop and operate hotels, resorts, and other tourism-related businesses.

 

Another important factor to consider when buying a property in Ibeju Lekki is the infrastructure and amenities in the area.

 

 

The government has been making significant investments in improving the infrastructure in the area, including the construction of new roads, power and water supply, and other basic amenities. The commissioning of the huge projects is another fact that signifies the interest of the government in Ibeju-Lekki.

 

 

 

 

For instance, the Lekki Epe Expressway which connects Ibeju Lekki to the rest of Lagos and other parts of Nigeria has significantly improved the accessibility of the area. This has made it easier for residents and businesses to move in and out of the area, boosting the economy and overall development.

 

 

 

There are also several high-quality educational institutions, healthcare facilities, and shopping centers in the area, providing residents with access to essential services and amenities.

 

 

 

 

Furthermore, Ibeju Lekki is also home to several gated estates and estates like Eleko beach and La Campaign Tropicana Beach Resort, where you can find luxury amenities like swimming pools, gyms, and recreational parks.

 

 

In conclusion, for individuals wishing to profit from the region’s potential for growth and development, purchasing real estate in Ibeju Lekki is a wise investment choice. Ibeju Lekki is positioned to become one of the most sought-after districts in Lagos, Nigeria, thanks to its stunning beaches, abundant natural resources, proposed government projects, and expanding infrastructure and facilities.

 

 

Before making any investment decisions, it’s crucial to conduct your research and speak with a real estate agent and financial advisor.

 

 

 

Dennis Isong is a TOP REALTOR IN LAGOS.He Helps Nigerians in Diaspora to Own Property In Lagos Nigeria STRESS-FREE. For Questions WhatsApp/Call 2348164741041

 

 

 

 

 

 

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UNIPGC AFRICA Seals Strategic Partnership with Greenvillage Empowerment Foundation for Capacity Building Initiatives Spearheaded by the Governor of Tana River County, Kenya

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*UNIPGC AFRICA Seals Strategic Partnership with Greenvillage Empowerment Foundation for Capacity Building Initiatives Spearheaded by the Governor of Tana River County, Kenya

 

 

In a significant step toward strengthening sustainable development and leadership capacity across Africa, *UNIPGC AFRICA* has officially sealed a strategic partnership with *Greenvillage Empowerment Foundation (GVEF)* to implement impactful capacity-building projects. The initiative is spearheaded by the Governor of Tana River County, Republic of Kenya.

 

The partnership was formalized through the signing of a *Memorandum of Understanding (MoU)* by key representatives of both organizations. Signatories to the agreement include *H.E. Amb. Jonathan Ojadah*, Global President of the United Nations International Peace and Governance Council (UNIPGC); *Amb. Jase Carlos Sousa,* Member of the UNIPGC Supreme Council; and *H.E. Maj. (Rtd.) Dr. Dhadho Godhana*, Executive Governor of Tana River County.

 

The MoU establishes a robust framework of cooperation between *UNIPGC* and *GVEF* reflecting a shared vision and strong alignment of values in promoting sustainable development, peace, and inclusive governance across Africa.

 

Under the agreement, both organizations will collaborate on a wide range of development initiatives, including the promotion of *democracy and good governance*, *climate change education and environmental sustainability*, *health promotion through water, sanitation and hygiene (WASH), Youth capacity building through Robust Film Production Ecosystem, sports development and gender equality and empowerment of marginalized communities*.

 

The partnership will also actively support and advance the *United Nations Sustainable Development Goals (UNSDGs)*.

 

As part of the collaboration, UNIPGC and GVEF have committed to establishing effective channels for joint action through the design and implementation of programs and projects that address shared development priorities. These initiatives will focus on strengthening leadership capacity, promoting inclusive participation in governance, and enhancing community-based development efforts.

 

Furthermore, the partnership will encourage mutual institutional support, enabling both organizations to provide *technical expertise, strategic guidance, and moral support* toward the successful implementation of their initiatives.

 

This landmark collaboration marks a major milestone in advancing cross-sector partnerships aimed at fostering *sustainable development, social inclusion, and transformational leadership across Africa*, while reinforcing the collective commitment of both organizations to achieving the *United Nations Sustainable Development Goals*

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Ajadi, Sheikh Sannu Sheu Charge Politicians on Good Governance

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Ajadi, Sheikh Sannu Sheu Charge Politicians on Good Governance

 

 

The Oyo State governorship aspirant on the platform of the Peoples Democratic Party (PDP), Ambassador Olufemi Ajadi Oguntoyinbo, has emphasised the need for politicians to embrace good governance and people-oriented leadership as a fundamental principle of politics in Nigeria.

 

 

Ajadi made this call on Friday, shortly after the 4th Annual Ramadan Lecture, organised under his Omituntun 3.0 platform at the BCOS Garden, Bashorun, Ibadan, where he spoke with journalists on the significance of the lecture, themed “Oselurere” (Good Governance).

 

 

 

The well-attended event featured a lecture by a renowned Islamic scholar, Fadheelatus-Sheikh Al-Mufasir Usman Sannu Sheu, the Chief Tafseer of Ilorin Emirate, Al-Adaby, who spoke extensively on the Islamic and socio-political perspectives of good governance, stressing that leadership must be anchored on justice, accountability, and service to humanity.

 

 

Speaking after the event, Ajadi explained that the choice of Oselurere as the theme for this year’s lecture was deliberate, noting that it was necessary to educate both current and aspiring politicians on the true essence of politics as service to the people.

 

 

 

According to him, the practice of good politics must be properly understood from both religious and socio-political viewpoints so that the coming generation of leaders can develop the right character for public service.

 

He said: “Oselurere, which means good governance, was carefully chosen as the topic so we can hear from our guest lecturer about the rewards of practising good politics and also understand what good politics is all about.”

 

He added that the lecture was also intended to correct the mindset of politicians who seek public office without clear plans to improve the lives of the people.

 

“The topic is also chosen so that politicians will learn that they should not just assume office without having good things in mind to offer the masses and our nation. That is why we invited our Islamic and renowned scholar, Sannu Sheu, to treat this important subject,” he said.

 

Reflecting on the history of the annual lecture, Ajadi disclosed that the first three editions were held in Ogun State, where the focus was on humanitarian services and feeding programmes during Ramadan as a way of demonstrating compassion and service to humanity.

 

The first to third Ramadan lectures hosted by me were held in Ogun State for Muslims and people of other faiths to witness how good it is to feed people and render humanitarian services. The month of Ramadan is one of the best periods to demonstrate these virtues, and that is why I have come to my father’s state of origin, Oyo State, to continue the humanitarian services,” he said.

 

He further called on Nigerians to use the Ramadan and Lenten periods as opportunities for spiritual rebirth, unity, and prayers for the nation.

 

“Let us use this period of Ramadan and Lent to learn how to live together in peace, remain united, and be prayerful for our country,” Ajadi advised.

 

The PDP gubernatorial aspirant also expressed optimism about the electoral fortunes of his party in future elections, saying he believes the PDP will record victories at different levels.

 

“By the grace of God, our great party will be on the ballot and there will be total victory in the various political offices our candidates will contest for,” he added.

 

In his lecture, Sheikh Sannu Sheu emphasised that good governance is not only a political obligation but also a moral and religious responsibility. He said Islam places a high premium on leaders who are just, trustworthy, and committed to the welfare of their followers.

 

The cleric explained that the concept of Oselurere goes beyond political promises, stressing that it includes fairness, transparency, accountability, and prioritising the needs of the weak and vulnerable in society.

 

He urged leaders at all levels to see their positions as a trust (Amanah) from God and the people, warning that they would be held accountable for how they exercise authority.

The scholar also encouraged citizens to support leaders with prayers and constructive engagement while also holding them accountable through lawful means.

 

The event attracted Islamic clerics, political stakeholders, community leaders, party members, and residents of Ibadan and its environs. It also featured Qur’anic recitations, special prayers for Oyo State and Nigeria, as well as spiritual musical performances by notable Islamic artistes.

 

Some of the political stalwarts who graced the occasion included the Executive Chairman of Egbeda Local Government and Chairman of ALGON, Hon. Sanda Sikiru Oyedele; the Oyo State Commissioner for Women Affairs and Social Inclusion, Hon. (Mrs.) Toyin Balogun; and Chief Babatunde Tijani, popularly known as “Double T,” a prominent political figure and Olori-Ebi of the Omituntun Dynasty, among other political leaders.

 

Observers noted that the annual Ramadan Lecture has continued to grow in prominence, serving as a platform for discussing the intersection between faith, governance, and societal development while also promoting peaceful coexistence among Nigerians of different religious and political backgrounds.

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Nigeria on the Edge: Rising Violence, Economic Hardship and Weak Institutions Fuel Fears of State Failure

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Nigeria on the Edge: Rising Violence, Economic Hardship and Weak Institutions Fuel Fears of State Failure

By George Omagbemi Sylvester

 

“A leading political scientist raises alarm over rising insecurity, weakening institutions, and economic policies that are deepening hardship for millions of Nigerians.”

Nigeria is facing a growing national crisis as insecurity spreads, democratic institutions weaken, and economic policies continue to deepen hardship for millions of citizens. The country is increasingly confronted with a dangerous convergence of political repression, worsening insecurity, and economic instability that many analysts warn could push the state toward systemic failure if urgent corrective actions are not taken.

Across the country, violence is spreading while government institutions that should safeguard democracy appear to be struggling to maintain credibility and independence. At the same time, economic reforms intended to stabilize the nation’s finances have imposed significant burdens on ordinary Nigerians already grappling with rising living costs.

Nigeria is currently confronting simultaneous challenges on several fronts. Insecurity remains one of the most pressing issues threatening national stability.

The insurgency led by Boko Haram and its splinter faction Islamic State West Africa Province (ISWAP) has persisted for more than a decade. Since the insurgency began in 2009, the conflict has killed more than 40,000 people and displaced over two million civilians in northeastern Nigeria.

Recent reports indicate that attacks on military formations have intensified, particularly around Maiduguri. Militants have continued to target security forces and civilian populations, raising fears that insurgent groups are attempting to strengthen their control in parts of the northeast.

Meanwhile, banditry and organized criminal networks have expanded across Nigeria’s northwest and north-central regions. Armed groups operate across territories stretching from Sokoto and Zamfara toward Niger and Kwara states, carrying out kidnappings, attacks on rural communities, and large-scale destruction of property.

States such as Borno, Zamfara, Sokoto, Benue, and Plateau continue to experience recurring violence, with communities frequently caught between insurgents, bandits, and overstretched security forces.

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Beyond the security crisis, concerns are also mounting over the state of Nigeria’s democratic institutions.

The judiciary, once widely regarded as a critical pillar of the country’s democracy, is increasingly perceived by critics as being vulnerable to political influence. Questions about judicial independence have intensified as legal decisions in politically sensitive cases continue to spark controversy.

Similarly, the role of the police has come under scrutiny. Critics argue that law enforcement agencies often focus heavily on protecting political elites and high-profile individuals while many communities remain exposed to crime and insecurity.

Such developments have fueled public debate about the strength of Nigeria’s institutional framework and its ability to uphold justice, accountability, and democratic governance.

At the same time, Nigeria’s economic situation continues to generate widespread public concern.

Economic reforms implemented under the administration of President Bola Ahmed Tinubu, including the removal of fuel subsidies and the floating of the national currency in 2023, were designed to stabilize public finances and attract investment. However, these policies have also contributed to a sharp rise in living costs.

Inflation, currency volatility, and increasing energy prices have significantly reduced the purchasing power of many Nigerian households. Electricity tariffs and various taxes have increased, placing additional pressure on citizens whose incomes have not kept pace with rising expenses.

While international institutions such as the International Monetary Fund have praised Nigeria’s macroeconomic reforms, many Nigerians argue that the benefits of these policies have yet to translate into meaningful improvements in their daily lives.

The agricultural sector provides a clear example of the difficulties currently facing the economy.

Nigeria spent roughly ₦51 billion on rice imports in 2024, signaling a reversal of earlier efforts aimed at achieving self-sufficiency in rice production. Rising production costs, expensive energy, and limited access to affordable financing have forced many farmers to abandon rice cultivation.

Farmers in major agricultural states such as Kano, Kebbi, and Jigawa are reportedly exiting rice production due to mounting losses. At the same time, local rice mills that once flourished are struggling to compete with cheaper imported rice.

Industry leaders have warned that Nigeria’s rice value chain could face serious collapse if current conditions persist. Many mills are now operating far below capacity, with high fuel costs and interest rates making it difficult to sustain operations.

Political tensions are also beginning to rise as the country gradually moves toward the 2027 general elections.

Observers warn that the normalization of political intimidation or violence could weaken democratic competition. History shows that democracies rarely collapse suddenly; instead, they erode gradually as intimidation, coercion, and reprisals become more common in political life.

If such trends continue, elections may still take place formally while the deeper democratic meaning of political participation becomes diminished.

Nigeria now faces what many observers describe as a defining moment in its modern history. The combination of insecurity, economic hardship, and institutional fragility presents serious challenges that require decisive leadership and comprehensive policy responses.

Strengthening democratic institutions, improving security coordination, and implementing economic policies that genuinely improve citizens’ living conditions will be essential to stabilizing the country.

Without meaningful reforms and renewed commitment to accountable governance, Nigeria risks drifting closer to a scenario that many citizens fear—a nation struggling to protect its people, sustain its economy, and preserve the democratic ideals upon which its republic was built.

 

Nigeria on the Edge: Rising Violence, Economic Hardship and Weak Institutions Fuel Fears of State Failure By George Omagbemi Sylvester

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