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We have not taken any foreign loans in my 4-year tenure- Ambode

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Outgoing Lagos State governor, Akinwunmi Ambode, says his four-year administration took no foreign loans despite the pressure on the state’s Internally Generated Revenue (IGR) due to massive infrastructure projects the administration set out to accomplish to cater to the growing needs of the estimated over 21 million residents of the state.

According to Ambode, although the foreign component of the state’s debts hovers around $1.43 billion, his administration never added to it but was committed to servicing what it inherited from the previous administrations, which has been compounded by unstable exchange rates.

The governor spoke in an exclusive interview with BusinessDay, saying his background as a financial expert and years of experience at the top level of the state’s civil service as an accountant-general came handy in managing the resources of Nigeria’s biggest state economy to achieve outstanding results.

Statistics from the Debt Management Office (DMO) show Lagos State’s total external debt stock as at 31 December, 2018 stood at $1.43 billion. The external debt comprised $1.28 billion from multilateral source and $143.83 million was bilateral, sourced from the African Development Bank.

In addition, the state’s total domestic debt stock was N530.24 billion as at the same period of 2018.

“Talking about Lagos State having the highest amount in terms of foreign loans, truth is that I have it on record that in my four years, I never took any foreign loan. So, whatever it is that they are saying about having $1.43 billion is an accumulation of loans that have been taken by successive governments,” Ambode told BusinessDay.

“Remember also, these facilities that we call loans were taken at an exchange rate that was lower than N150. But again, this government that has not taken any of these facilities would pay back and has been paying back in the last four years on the new exchange rate which is like N360 because government is a continuum.

“That has immense pressure on the internally generated revenue. And when you have this pressure on the IGR that you are using to service these facilities without complaining, it means that you have been financially prudent to be able to use the remaining resources to do what you have outside there in terms of infrastructure development,” said Ambode.

He further explained that beyond being financially prudent, his administration has given value for money by undertaking major projects that are further improving the economy of Lagos in particular and Nigeria in general, pointing to the construction of road networks, Oshodi Transport Interchange (OTI), Lagos airport road, resuscitation of Ayinke House (maternity hospital), Ikeja, jubilee bridges, laybys, redesigning of Ojodu Berger on Lagos-Ibadan Expressway, the light-up Lagos project, among others, as legacies his successor, Babajide Sanwo-Olu, will build upon.

“That is the way to explain what has been happening and the value that comes with the infrastructure that we are giving. It is like double the price of what we are putting inside when you match the issues about loans and resources. Remember also that the country was going into recession when we came in,” Ambode explained.

Speaking on his drive in governance, Ambode said aside from passion to improve the lot of the people, his administration leveraged on the Lagos Development Plan 2012-2023 and took specific steps to improve the IGR to enable it deliver on the development plan.

“One of the strategic instruments in that development plan is to create a financial model for Lagos State. It is not enough for us to say we are having strategic pillars of development without knowing how to fund it and so in the development plan, a growth plan for revenue generation had actually been embedded in it,” Ambode said.

“Fortunately for Lagos, you have statistics that favour revenue growth. Lagos is the commercial capital of Nigeria; the business community in terms of population or location is here and this is like 70 percent of what is happening in Nigeria; we have the market and again Lagos is the most sophisticated. Those indicators were just enough for anybody to carry on from where the previous administration stopped and then be able to continue.

“Remember also when we came in, the revenue that was generated on a monthly basis was about N12 billion and then it moved to almost like N20 billion. Today, we are having an average of N30 billion to N35 billion a month but it is not as if the expansion is based on increase in rates or taxes. What has been done is just improvement in collection machinery and then expanding the tax net and the ability to put people together and run an efficient civil service system that was able to tap into those things; and then more importantly, investing in technology to be able to carry out some of these collections.

“Yes, revenue has improved tremendously but obviously it is based on focus, and it is based on the ability to match those needs in terms of development and economic growth with how to fund it. Lagos is also favoured by the fact that because of the dynamics that we have, we are likely to be more attractive to the capital market and also more attractive to commercial banks and the ability to pay back would always give you more resources to be able to get funding for most of these projects that we have done,” the governor said.

Written by Businessday Newspaper Senior Analyst: Joshua Bassey on 15th April, 2019.

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Obasa Appointed to CPA African Executive Committee

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Obasa Appointed to CPA African Executive Committee

 

The Speaker of the Lagos State House of Assembly, Rt. Hon. (Dr.) Mudashiru Ajayi Obasa, has been appointed as a Sub-National Representative to the Commonwealth Parliamentary Association (CPA) African Executive Committee.

 

The announcement was formally conveyed through a letter from the CPA Africa Region, which was read on the floor of the Assembly by the Clerk, Mr. Olalekan Onafeko, on Tuesday, March 10. The appointment confirms Speaker Obasa’s three-year tenure, spanning 2026 to 2029.

 

Lawmakers took turns to congratulate Speaker Obasa, praising his devotion to parliamentary service and his consistent efforts to strengthen legislative practice. They described his appointment as a recognition of his hard work and a reflection of Lagos State’s growing influence within the Commonwealth. Members noted that his achievements continue to bring pride not only to Lagos but to Nigeria as a whole.

 

In his remarks, Speaker Obasa expressed gratitude to his colleagues for their support, urging them to remain steadfast in prioritizing the progress of the Assembly and to continue working collectively to advance the legislature. He further directed the Clerk to send a formal letter of appreciation to the CPA African Region for the honour bestowed upon him. “Let us always put the House of Assembly first and never relent in our efforts to move the legislature forward, ” Obasa concluded.

 

The CPA African Region plays a pivotal role in advancing the interests of African parliaments within the Commonwealth. It is widely recognized for promoting gender equality, women’s empowerment, respect for human rights, democracy, and good governance across member nations.

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TINUBU RENEWS TENURE OF THREE PERMANENT SECRETARIES

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Governing Through Hardship: How Tinubu’s Policies Targets the Poor. By George Omagbemi Sylvester | Published by SaharaWeeklyNG.com 

TINUBU RENEWS TENURE OF THREE PERMANENT SECRETARIES

 

President Bola Ahmed Tinubu has approved the renewal of tenure for three Permanent Secretaries in the Federal Civil Service, in line with existing public service regulations.

The approval was disclosed in a statement issued by the Office of the Head of the Civil Service of the Federation, indicating that the renewed appointments will take effect from April 27, 2026.

The affected officials include Kachallom Shangti Daju, Permanent Secretary in the Federal Ministry of Health and Social Welfare; Beatrice Jedy‑Agba, Solicitor-General of the Federation and Permanent Secretary in the Federal Ministry of Justice; and Mary Ada Ogbe, Permanent Secretary in the Federal Ministry of Regional Development.

According to the statement, the renewal represents a second and final four-year tenure for the officials, in accordance with the provisions of Public Service Rule 020909, which allows Permanent Secretaries an initial four-year term with the possibility of a second term based on satisfactory performance.

The Head of the Civil Service of the Federation, Didi Esther Walson‑Jack, congratulated the Permanent Secretaries on their reappointment and urged them to see the renewed mandate as a call to greater dedication and excellence in service delivery.

She further encouraged them to deploy their experience and professional expertise toward strengthening governance and advancing national development.

The statement was signed by Eno Olotu, Director of Press and Public Relations in the Office of the Head of the Civil Service of the Federation, and dated March 6, 2026.

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Governor Dauda Lawal’s Prompt Action Against Insecurity in Zamfara State Yielding Positive Result’ – GDL Media Force Fires Back at Critics

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Governor Dauda Lawal’s Prompt Action Against Insecurity in Zamfara State Yielding Positive Result’ – GDL Media Force Fires Back at Critics

 

The attention of GDL Media Force and other well-meaning supporters of the Dauda Lawal-led administration has been drawn to a recent statement syndicated on social media by influencers from a group calling itself the Zamfara Good Governance Forum, which ludicrously attempted to portray the Governor’s security efforts as a “total failure.” This characterisation is not only divorced from reality. Still, it represents a desperate attempt by political opponents to rewrite history and undermine a Governor whose growing influence and performance clearly terrify them. It should be on record that in the whole of the North West region, Governor Dauda Lawal has tackled insecurity head-on with verifiable evidence that even those in the opposition have commended him for his huge investment in equipment that will further give security and armed forces an edge over those fueling insecurity in the country.

Since his assumption as Governor of Zamfara State, Dr Lawal has vowed that as the Chief Security Officer of the state, as well as the chief rescuer, an unprecedented commitment to tackling the security challenges that have plagued Zamfara for over a decade is his top priority and he is engaging it with much gusto. Unlike previous administrations, that engaged in shadowy deals with non-state actors, this Governor has chosen the path of transparency, capacity building, and decisive action. He was one of the Governors who openly declared that His administration would not negotiate with bandit rather his administration with fight them to a standstill and ensure they are cleared out.

In a bid to address the issues of insecurity with a well-planned arrival plan, he procured heavy Security Assets that even the Federal Government commended, him for. The recently procured and unveiled 25 units of Armoured Personnel Carriers (APCs) and an 80-meter endurance surveillance drone capable of covering 50 kilometres and operating continuously for eight hours. This represents the single largest state-government investment in security hardware in the history of Zamfara State.

The Defence Minister, during the inauguration ceremony, praised what he described as a clear demonstration of the Governor’s commitment to protecting lives and property, making the striking projection that “if we continue like this in the second term, Zamfara will look like Dubai”. This is not praise from a partisan source it is professional acknowledgement from the highest level of Nigeria’s defence establishment that Governor Lawal is doing something right.

Beyond heavy military hardware, the Governor has operationalised the Community Protection Guards in accordance with the law, providing them with 60 brand-new, well-equipped Hilux operational vehicles and specialised motorcycles to ensure swift response and effective first-responder services in difficult terrains. This is complemented by the distribution of 150 Hilux vehicles to mainstream security agencies including the Nigeria Police, DSS, and NSCDC, plus 20 Toyota Buffalo vehicles (both armoured and soft-body).

Perhaps most significantly, Governor Lawal established the Zamfara State Security Trust Fund, which provides a predictable, structured framework for logistical support to security forces. This moves the state away from the era of fragmented, reactive responses to a professional, sustainable security architecture.

When recent attacks occurred including the unfortunate February 19 incident in Anka LGA, Governor Lawal did not go into hiding or issue condolence statements from his office in Gusau. He immediately convened and personally presided over an emergency security meeting with all heads of security agencies at the Government House in Gusau, tasking them to urgently review the current security framework and implement coordinated countermeasures.

The Governor charged security chiefs to maintain “heightened vigilance, strengthened intelligence, and immediate, coordinated countermeasures” to ensure that criminal elements do not gain further ground. He also commiserated with affected communities and assured them of his administration’s full support both logistical and institutional. This is not the behaviour of a detached leader. This is the conduct of a Governor who understands that his primary constitutional responsibility is the protection of lives and property.

The public needs to understand the pedigree of those behind these allegations. The so-called “Zamfara Good Governance Forum” has a well-documented history of partisan attacks against Governor Lawal. A simple review of their previous statements reveals a pattern they have consistently attacked the Governor while remaining conspicuously silent during the administrations that presided over the worst years of banditry in the state. Interestingly, these attacks often coincide with political manoeuvres by the immediate past governor, Bello Matawalle, now Minister of State for Defence. The Zamfara State Government has previously accused Matawalle of using federal security apparatus to intimidate opposition figures in the state. The current criticism fits a familiar pattern, when you cannot defeat a Governor politically or at the ballot box, you attempt to undermine him through sponsored propaganda spreading sheer falsehood to ensure the public turns their back on a performing Governor who is rebuilding the rot the Matawale-led administration caused.

These same critics who now demand a “security roadmap” conveniently ignore that Governor Lawal inherited a state that was virtually a failed entity where farmers could not access their lands, where markets were paralysed, and where government had lost all credibility through failed negotiations and ransom payments to bandits.

Critics also conveniently ignore a fundamental reality Governor Lawal is the only opposition governor in the entire North-West geopolitical zone. Since taking office in 2023, his administration has received no federal intervention funds beyond statutory allocations no special palliatives, and no enhanced security support that flows to states with ruling-party governors. Yet despite this political isolation, he has managed to fund security without resorting to new borrowing, while monthly servicing N1.2 billion in inherited debts from the Bello Matawalle-led administration. This is governance under siege fiscally constrained, politically isolated, yet still delivering.

Governor Dauda Lawal has never claimed that the battle against banditry is easy or that success will come overnight. What he has demonstrated is sincerity of purpose, strategic vision, and relentless commitment. From the Security Trust Fund to community protection guards, from armoured personnel carriers to surveillance drones, these are not the actions of a leader who has failed. The growing influence of Governor Lawal across the North-West clearly frightens those who benefited from the old order of insecurity. When banditry thrives, politicians who negotiate with criminals remain relevant. But when peace is restored through genuine security architecture, such elements become obsolete.

Zamfara State is on the path to lasting peace. The detractors may continue their campaign of falsehood, but the facts on the ground speak louder than their sponsored propaganda. Governor Dauda Lawal remains focused, undeterred, and absolutely committed to restoring full normalcy to every inch of Zamfara State. The people of Zamfara see the progress. The Federal Government acknowledges the investment. And history will remember who truly fought for the state’s liberation.

Signed: GDL Media Force Support Group
March 4, 2026
Abuja, Nigeria

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