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PRESIDENT Muhammadu Buhari has pledged federal government's commitment to supporting Lagos State government in the drive to boost the state's

By Deji Elumoye The federal government has expressed its readiness to support more massive investments in the Centre of Excellence to boost its economic potential as one of the world’s fastest growing mega cities. President Muhammadu Buhari made this known on Tuesday in a video goodwill message to the Ehingbeti Lagos Economic Summit, themed: ‘‘For a Greater Lagos: Setting the Tone for the Next Decade.’’ According to him, the present administration recognised Lagos as central to the economic fortunes of Nigeria and has in the last few years demonstrated commitment to supporting it un...

…‘It’s Time To Create Youth-Focused Economy’ – AFDB President Lagos State has set off an ambitious plan for its development over the next decade. By 2030, the State, which has the 5th largest economy in Africa, will have a running city-wide network of colour-coded Metro Lines that will move over 34.5 million people monthly and cut travel time in the metropolis drastically. Governor Babajide Sanwo-Olu, on Tuesday, outlined key infrastructural deliverables being undertaken by the State at the 8th Lagos Economic Summit, otherwise known as Ehingbeti. The three-day event with the theme: ...

The quote given to me this morning was they're trickling in. i'll step away, you can see to the port complex. l.a./long beach, the twin bolters. 40% of all cargo traffic in the country comes through here, the largest port complex in the country. you put the two together, you separate 'em out, and they're one and two. cargo ships just sitting there waiting to be unloaded. we know of at least 11 ships that have gone to other ports because this port has been shut down for a week. as far away as panama. nothing's getting through here, as i mentioned, one port employee said stuff is just trickling ...

>>reporter: retailers are starting to be affected. it has been ongoing disagreement for 30 months culminating with how workers walking out, 10,000 long shoremen and they also will not i don't, they will honor the strike taking place by the workers which means this port is shut down. only 10 percent is getting through. this is a long beach portion. long beach and los angeles, together, the largest port complex in the country with 40 percent of container traffic coming through here. just offshore that ship, one of 20 that has been sitting out there has been out there for a week waiting to come i...