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Sanwo-Olu tasks agro-food coys to reduce food prices

Gov. Babajide Sanwo-Olu of Lagos State has called on agro-food companies to collaborate with the government in bringing down the cost of food in the state.
He made the call while receiving the senior management team of Olam Agri Nigeria Ltd., led by the Managing Director, Mr Anil Nair, who were on a courtesy visit to the Lagos State House Marina, yesterday.
“There is no better security these days than food. Today being the first day of August, you can see in the streets in Nigeria there’s some sort of hunger protest.
“How I wish that you and I after this meeting will make a broadcast that food prices have gone down by 25 per cent, it will be great news for both of us.
“That speaks to the reason why we chose you to listen and hear and be able to work together. You are in a strategic position and you have that structure and that capacity,” he said.
The governor said that Olam remained a strategic brand that had caused great turnaround in Lagos State.
He recalled his days as a banker in the banking sector, saying that Olam was an account that everybody usually wanted to have.
Sanwo-Olu said everyone wanted Olam’s account for the simple reason that they are fast growing, aggressive and are in an industry that had cheques to deposit on a daily basis.
“It wasn’t a company where you need to wait 90 days or 100 days for their cheques. Bankers would hang around their offices, and as the sales were going on, they were just picking the cheques.
“So for us, as government, we watch that growth. I know you must have gone through your challenges along the line either government policies that have somersaulted or some of your good plans but you stayed the course,” Sanwo-Olu said.
He urged the brand to consider its longstanding relationship with the state and forge partnership with the state by looking beyond the current economic situation and leveraging it.
“We’re also happy that half of your entire workforce are in Lagos. These are all indicators that you are here for the long haul.
“Beyond that, I urge you to look at the market, to look at the industry as a critical industry; food security, food systems is as critical as people trying to safeguard either their medical security or even sovereign security in terms of war.
“I believe part of the things that you owe the state and the people that have also been loyal to your products is to consider what level of giveback you are making consciously.
“I don’t want to use the word, “Corporate Social Responsibility” but what level of slow down in shareholder appreciation are you going to throw back into the system,” he said.
Sanwo-Olu called for a sustainable partnership, saying: “At a difficult time like this, it shouldn’t be only government reducing cost or that is attempting to have a corner store in the market to buy and sell at reduced prices.
“You must be able to tell your shareholders that you’ve been in this environment for such a long time today that it should not be about profit-making.
“You should be willing to say let’s even go into this market and just cover our cost, let’s pass on, let the people feel our critical support.
“If we go by our Return on Investment, we should be selling this thing at N5000 but because we are committed and we have also made decent returns in this environment, we are able to say we will sell lower,” he said.
The governor said the longevity of the brand was essential than immediate gratification.
He added that this was the type of partnership that the country and state needed to keep at this period.
“Because of what essence will it be if we cannot guarantee that Olam will be here in the next 15 years?
“I want you to take this message back. The private sector needs to know that there are times when it does not have to be about value to the shareholders.
“Because of the food security that we seek, because of the logistics nightmare that is happening everywhere, and because of the economic challenges that are everywhere. Let us be able to say to our citizens and customers at difficult times, we still want you to see us as partners not as mere people.
“If that’s all you take away from here, I’d be a happier person,” Sanwo-Olu said.
He called on shareholders and stakeholders to be more deliberate and focus on giving back to the society.
“I want us all to see ourselves as stakeholders in this environment. It’s not us versus them, we are all joint stakeholders.
“We have a responsibility to ensure that nothing happens to any of your facilities and warehouses because we know the consequences.
“We need to slow down on shareholders’ return, we need to be alive for us to be be able to earn that dividend,” Sanwo-Olu said.
The governor further said that economic indices never lasted forever, adding that government and its partners needed to know what their roles are in the area of food security.
He urged the Olam executives to partner with government in pushing resources and investment into the food sector deliberately.
“We need to be alive today to be able to make profit tomorrow,” he said.
Nair commended the Sanwo-Olu-led administration for its commitment towards empowering its citizens and catering for residents’ needs.
News
Learn How To Form Coalition Party From Tinubu, Sowunmi Tells Atiku

Spokesman to former Vice President Atiku Abubakar, and chieftain of the People’s Democratic Party (PDP), Mr Segun Sowunmi, has advised his principal, Atiku, to learn from President Bola Tinubu on how to form a coalition.
The Tide reports that in a bid to wrest power from President Tinubu in 2027, Atiku has been leading the movement by opposition politicians to form a coalition of political parties ahead of the next general election.
Last month, opposition politicians set up a team comprising former Minister of Transpiration, Rotimi Amaechi, and former Governor of Cross River State, Liyel Imoke, to decide whether to float a new party or fuse into an existing platform.
While the main opposition party, PDP, struggles with a perennial leadership crisis, the former Vice President is bent on establishing another political force to take power from the ruling party in 2027.
But Sowunmi, who has been Atiku’s ally for many years, disagrees with his move, saying instead of forming a coalition with another political platform, he should coalesce opposition politicians into the PDP.
Speaking during an interview on TVC on Tuesday, Sowunmi, who was Atiku’s campaign spokesperson in the last election, asked his principal to learn from President Tinubu on how to form a coalition.
Sowunmi believes Atiku, having benefitted from the PDP as a former Vice President and getting the party’s presidential ticket twice, should not seek to form a coalition that will not have the PDP as its base.
He said, “I’ve always said to people, people love with their hearts. I love atiku with my bones. But I can’t help him against himself. You can’t run vice presidency on PDP two times with Obasanjo, get presidential candidate on that same party two times. I don’t agree with him that the next best thing is to be shopping for…(a platform) If you want a coalition, why are you not coalescing them into your party?” he asked.
The former PDP governorship candidate in Ogun State advised the ex-VP to learn from Tinubu on how to build a coalition without dumping his political party.
“Look at your rival, your friend. You guys started together. At best, even if you want to say he’s building a coalition is he not coalescing opponents into his place”? Sowunmi asked again.
The PDP chieftain, who recently showered praises on Tinubu after he visited him, said the President has an “uncanny ability to make everybody individually feel special” regardless of political affiliations.
His words: “That guy (Tinubu) is something oh, he has this uncanny ability to make everybody individually feel special. It doesn’t matter whether you are a former foe or a president’s friend, every moment you share with him, I don’t know how he does it, though you’re going to leave the place feeling that you matter, feeling that he gets it, feeling that what you guys are talking about is important. And there’s something about him, when he gives you his word, he will say something like ‘ko le ye’, meaning that to the best of human ability, it will stand.”
Meanwhile, there have been conversations about Sowunmi’s political stance as many questioned his relationship with Atiku, with whom he shares a longstanding political relationship.
Asked about his relationship with Atiku following his meeting with Tinubu, Sowunmi said he doesn’t know if the former Vice President is upset.
“I don’t know whether Atiku is upset or not upset, but I know a lot of our followers are talking a lot of nonsense, and I’m wondering how I became attached to Atiku when I’ve been in PDP since 1999 never leaving,” he responded.
News
FIRS Introduces New SOP To End Tax Confusion Nationwide

The Federal Inland Revenue Service (FIRS) has introduced a new Standard Operating Procedure (SOP) to fix inconsistencies in tax services across its over 300 offices nationwide.
The move aims to make tax processes clearer, more transparent, and easier for Nigerians.
In a statement, Special Adviser on Communications and Advocacy to the FIRS Executive Chairman, Mr. Collins Omokaro, said the updated SOP is a key part of the agency’s plan to improve taxpayer experience.
He explained that, in the past, different FIRS offices used different methods, which often confused taxpayers.
“This is about people, experience, and impact. It’s a step towards a tax system that supports voluntary compliance and national development,” Omokaro said.
The new SOP provides a single guide for key processes like registration, payment, audit, and enforcement. This will ensure all FIRS offices follow the same steps, making the system fairer and more predictable.
FIRS Executive Chairman, Dr. Zacch Adedeji, described the SOP as more than just a set of rules.
“This SOP is not just a technical document; it is a declaration of who we are becoming as a service. It reflects our commitment to transparency and service to the Nigerian people,” he said.
The SOP also supports FIRS’s digital transformation, combining human and technological systems to deliver faster and more reliable services. It will also improve internal efficiency by providing clear guidance and better training for staff.
“With this rollout, every FIRS staff member has a clear mandate: study it, apply it, and embody it. That’s how we’ll earn the trust of Nigerians,” Omokaro added.
The reform is part of FIRS’s efforts to become a more service-driven organisation, focused on clarity, consistency, and national growth. The agency hopes the new SOP will make tax services better for Nigerians and increase public trust in the system.
News
FG Working Towards World-Class Public Service -Walson-Jack

The Head of the Civil Service of the Federation (HCSF), Mrs Didi Walson-Jack, says the Federal Government is committed to building a world-class public service in Nigeria.
Walson-Jack made this known in Abuja, on Wednesday, at a World Press Conference ahead of the International Civil Service Conference and the African Public Service Week scheduled for June 25 to 26 in Abuja.
She said a recent study tour to Singapore was part of preparatory activities aimed at positioning Nigeria’s civil service for excellence and attracting global participation in the upcoming events.
“The study tour to Singapore was the first major activity we undertook under the collaboration between the Office of the Head of Civil Service of the Federation and the Heads of Service of the 36 states and the FCT,” she said.
According to her, the visit, supported by the United Nations Development Programme (UNDP), involved 20 State Heads of Service and was designed to benchmark best global practices and enhance Nigeria’s public service delivery.
“The idea was born out of our ongoing collaboration, where we share ideas and knowledge across federal and state levels.
“Singapore was chosen because it is globally recognised for excellence in public service,” she explained.
Walson-Jack noted that the second phase of the tour will involve the remaining 17 heads of service later this year.
She said the tour provided participants with the opportunity to engage with both public and private sector institutions in Singapore, compare administrative practices, and gain insights into global standards.
“It was an eye-opener and a capacity-building opportunity.
“Since our return, several state civil services have begun implementing reforms in collaboration with the federal service, particularly in areas such as capability development and digital transformation,” she added.
Walson-Jack further disclosed that Nigeria would host a reciprocal study tour during the upcoming African Public Service Week, where foreign delegates will engage with various federal institutions.
“They will see firsthand our digitalisation efforts, performance management systems, and other reform initiatives aimed at transforming our civil service.
“We hope the experience will inspire similar actions in their home countries,” she said.
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