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#Business: Lagos makes more than 26 states combined!

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        Lagos State has retained its place as Nigeria’s economic capital, generatinng N398.7bn in 2019 alone.

        The sum is the equivalent of the combined internally generated revenue by 26 states of the federation. The N398.7bn IGR of Lagos State is more than those of Taraba, Gombe, Kebbi, Ebonyi, Borno, Yobe, Katsina, Ekiti, Adamawa, Nasarawa, Bauchi, Niger, Jigawa, Abia, Zamfara, Imo, Bayelsa, Kogi, Plateau, Benue, Osun, Sokoto, Cross River, Anambra, Oyo and Edo which had a combined N375.2bn. According to a report by the National Bureau of Statistics, the state with the second highest IGR remains Rivers which generated N140.3bn. The Federal Capital Territory which was classified as a state in the report, came third with N74.5bn while Ogun came 4th with N70.9bn.

      The states with the lowest revenue are Taraba, Gombe and Kebbi which generated N6.5bn, N6.8bn and N7.3bn respectively. The combined revenue generated internally by the 36 states and the FCT in 2019 was N1.33tn, according to the report.

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Sanwo-olu finally shuts down Lagos schools amidst protest.

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The Lagos state government has directed all pupils and students in public and private schools to stay at home following the tension generated by the #EndSARS protests.

The Nation reports that the state commissioner for education, Folasade Adefisayo, who issued the directive, said the safety of the pupils/students, parents, and all staff working in schools was paramount “at this critical period.” Legit.ng gathered that she, however, advised parents to keep an eye on their wards and not allow them to be used as willing tools in the hands of those who might want to hijack the protests to unleash mayhem on the society. The commissioner also encouraged schools to utilise other means of distance teaching and learning such as radio, television and online media as they have been doing during and post COVID-19 lockdown. Adefisayo said that a new date of resumption for all classes would be announced as soon as possible. Legit.ng had earlier reported that all secondary and primary schools including tertiary institutions in Lagos may be shut down by the state government if the demonstrations by the EndSARS protesters continue.

Nigerian Tribune had reported that the government said that the measure would be taken to ensure the safety of the students and the school workers. The newspaper had said that the head of the public affairs unit of the state’s ministry of education, Kayode Abayomi, confirmed it in an exclusive interview in the evening on Monday, October 19. He said the idea was conceived by the state’s ministry of education and already sold to Governor Babajide Sanwo-Olu for consideration and approval. He said the closure would start the moment the approval is given.

Abayomi said:

“So, we are waiting for Mr governor for approval.” He explained that the ministry would not want to put the lives of students and school workers in danger. He said the dimension of the #EndSARs protest especially in the state as it is becoming more intense each day warranted the move.

He said if the approval is given, the students would be home until normalcy return to the state and the country by extension.

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