Business
Lagos Seeks Foreign Assistance On Energy, Solid Minerals
The Lagos State Government is seeking the assistance of the Scottish Development International to develop and attract investors to its energy and solid mineral sector.
The Commissioner for Energy and Mineral Resources, Mr. Taofiq Tijani, who was represented by the Permanent Secretary, Mrs. Iyabo Obasa, disclosed this while hosting the Scottish Development International team led by the International Senior Executive on Trade and Investment Scotland, Mr. Andrew Monaghan.
The Permanent Secretary while briefing the delegation on the activities of her ministry, said Lagos was ready to collaborate with reputable Scottish firms with wide expertise on solid minerals, renewable power, oil and gas development.
She said the creation of the ministry in 2011 by the present administration was a deliberate attempt to attend to the power needs of residents and explore the hydrocarbon oil and gas potential as well as other mineral resources of the state.
She disclosed to the visitors that the present government, led by Mr. Babatunde Fashola, placed a greater premium on power, which is a major cardinal focal point of development followed by agriculture, transportation and health.
The permanent secretary therefore sought the assistance of the Scottish Development Team in attracting investors in the energy sector, especially in renewable energy, waste to energy project, captive power project and solar energy deployment in the state.
Other areas of attracting investors, according to the Permanent Secretary, include capacity building for professionals in the ministry as well as the development of the solid mineral and the oil and gas subsectors of the state
International Senior Executive on Trade and Investment Scotland, Mr. Andrew Monaghan, while discussing various business opportunities which abound in Aberdeen, Scotland, promised to keep the ministry updated on areas of mutual interest. Andrew disclosed that Scotland had a forty years track record in the oil and gas development which they are ready to share with Lagos State government when the state oil and gas agency, the Ibile Oil and Gas Corporation, finally takes off.
He said further that Scotland had been able to take advantage of its abundant windy condition with the development of renewable energy, which could be replicated in Lagos.
He disclosed that Scottish development international is a joint venture development body between the Scottish government and its economic development agencies. He extended invitation to officials from the ministry to visit Scotland and understudy the development of renewable energy in the country.
Business
NIMASA Marks 2025 Customer Week, Pledges Service Excellence

Business
SEME Customs Foils Smuggling Attempt Of Expired Flour, Seizes N2bn Contraband

Business
LASG UNVEILS GROUNDBREAKING OMI-EKO PROJECT AT FIVE COWRIES TERMINAL

-
Business2 days ago
Monarch Hails Tinubu Over $400m Otakaikpo Export Terminal Unveiling … Lists Economic Benefits
-
Education2 days ago
2025 Book Reading: TotalEnergies Commits To Unlocking Potentials, Career Choices In Students
-
Maritime2 days ago
FG Reaffirms Commitment To Stronger Port State Control, Regional Maritime Cooperation
-
Niger Delta2 days ago
Oborevwori Felicitates Asagba Of Asaba, On First Coronation Anniversary
-
News2 days ago
Rivers NIPR Gets New Executive
-
News2 days ago
Rivers Gov VISITS SCENE OF SECRETARIAT FIRE, PLEDGES IMMEDIATE REHABILITATION
-
Sports2 days ago
Green Falcons complete Ghana double ahead World Rugby Series
-
Business2 days ago
NCDMB, NEXIM Disburse $42m Loans To Boost Local Content In Oil Sector