Here are Three things to know to start your Wednesday

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1. The Lagos State Government plans to relocate the Ikeja Computer Village due to its current residential area status.

Olajide Babatunde, the Special Adviser to the Governor on e-GIS and Urban Development, confirmed the decision.

The assessment by the Lagos State Building Control Agency determined the move to Katangua in Abule Egba.
Babatunde assured residents of smooth relocation, citing Katangua’s ample space and infrastructure.

The transition aims to align with urban planning regulations.

2. The Zungeru Hydroelectric Power Plant’s operations were officially transferred to Penstock Limited by the Federal Government, deviating from its prior selection of Mainstream Energy Solutions Limited in February 2023.
The move aims to enhance Nigeria’s power generation capacity, addressing its increasing energy demands.

Despite not being initially shortlisted, Penstock Limited now oversees the 740MW facility, the country’s largest hydropower project, which commenced construction in 2013 after agreements with Chinese firms.

3. Governor Umar Namadi of Jigawa State seeks over $50million investment from the Islamic Development Bank, Arab Bank for Economic Development in Africa, and Saudi investors.

The initiative aims to boost agriculture and productivity, driving economic growth.

Discussions also focus on educational projects, including an Islamic University and 11 Islamic centers across Jigawa State, to improve access to quality education.
The governor’s delegation engages in establishing social and business partnerships to advance the state’s development.

 

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