The New Partnership for Africa’s Development Business Group Nigeria (NBGN) has embarked on a strategic rebranding initiative aimed at accelerating Nigeria’s economic development and fostering sustainable business growth. NBGN’s Renewed Commitment to Economic Development In a statement released to Vanguard, Bashorun Randle, Chairman of NBGN, highlighted the organization’s longstanding role in promoting economic advancement, regional integration, and sustainable growth in Africa. Over the years, NBGN has been instrumental in driving public-private partnerships and supporting Nigeria’s economic revitalization efforts. According to Randle, the rebranding is set to transform NBGN into a leading force in shaping economic policies, enhancing business growth, and fostering a sustainable economic landscape in Nigeria. He emphasized the organization’s commitment to engaging key stakeholders, including government bodies, private sector leaders, and development partners, to achieve these objectives. Key Areas of Focus in NBGN’s Strategic Rebranding The repositioning strategy will prioritize trade, investment, and industrial development, ensuring an enabling environment for businesses. Randle further explained that NBGN aims to collaborate closely with government agencies, private enterprises, and international partners to facilitate economic growth and policy development. Additionally, the organization will enhance direct engagement with major policymakers, including the Central Bank of Nigeria and the Ministry of Finance, to present structured policy recommendations aligned with Nigeria’s broader economic agenda. Call for Stakeholder Collaboration Randle urged all stakeholders—including government institutions, private enterprises, and the media—to actively support this vision. He reaffirmed that a unified effort can propel Nigeria’s economy forward, creating a more prosperous nation and contributing to Africa’s economic transformation. For more insights on economic development strategies, visit The World Bank READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Channel
The Federal Government has announced a comprehensive plan to rehabilitate and upgrade abandoned buildings and assets in Lagos State. This initiative, aimed at addressing security concerns and reviving dilapidated facilities, was disclosed by the Minister of Housing and Urban Development, Ahmed Dangiwa, during a recent facility assessment tour in Lagos. Federal Assets in Disrepair Minister Dangiwa highlighted the poor condition of several Federal Government properties, including issues such as lack of water and electricity. These long-abandoned buildings not only pose security risks but also hinder effective use by government agencies. “The buildings that can be directly upgraded by the federal government will receive funding. For others, we’ll partner with the private sector,” the minister explained. Through this collaboration, private investors will rehabilitate facilities, lease them to tenants, and later return them to government ownership after recovering their investment. Key Facilities Assessed The minister visited several notable locations during the three-day tour, including: These properties, many of which became unused after Nigeria’s capital was relocated from Lagos to Abuja in 1991, are now set for potential rehabilitation under the new initiative. Federal and State Collaboration The minister also met with Lagos State Governor Babajide Sanwo-Olu to foster collaboration between federal and state governments. Both parties agreed to establish a tripartite committee to address concerns and ensure smooth coordination. Addressing Challenges The Controller of Housing in Lagos, Funmilayo Olayiwola, cited issues such as obsolete structures, lack of operational vehicles, and inadequate power supply as key challenges limiting staff productivity. The assessment team prioritized immediate and phased upgrades to address these issues. Continuing the Mission On Thursday, the Minister plans to visit ongoing Federal Government Housing Estates and Projects in Lagos. He will also engage stakeholders on land administration to further streamline operations and enhance productivity. READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Chanel. Tags: Nyesom Wike good govern
