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World Bank Names Lagos Nigeria’s Economic Gateway

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World Bank Names Lagos Nigeria’s Economic Gateway

The World Bank says the role of Lagos to Nigeria’s stability and growth cannot be overemphasised, as the state remains the economic gateway to the country and the world. Country Director of the World Bank, Mr Rachid Benmessaoud said the giant strides of the present administration in the State had received a global attention.

The World Bank on Thursday said that the role of Lagos to Nigeria’s stability and growth could not be overemphasized, as the State remains the economic gateway to the country and for the rest of the world.

Country Director of World Bank, Mr. Rachid Benmessaoud who spoke when he paid a courtesy visit to Governor Akinwunmi Ambode at the Lagos House in Ikeja, said the giant strides being recorded by the present administration in the State had received global attention, adding that the World Bank was proud to be part of the transformation.

“Nigeria needs Lagos, Lagos is a huge part of the growth for the country and the growth is about job creation and stability of the country. We are really honored to have been your partner and we would be honoured to continue the partnership.

Mr Benmessaoud was speaking when he paid a courtesy visit to Governor Mr Akinwunmi Ambode in Ikeja, Lagos.

He stated that the World Bank was proud to be part of the transformation.

“We really acknowledge the national, regional and local importance of Lagos being the gateway to Nigeria and for the rest of the world; there is a success story that is being told not only in Nigeria but globally, Nigeria needs Lagos, Lagos is a huge part of the growth for the country and the growth is about job creation and stability of the country, we are really honoured to have been your partner and we will be honoured to continue the partnership,” the Country Director explained.

Unique engagements
According to him, the engagements the World Bank has with Lagos have been unique in Nigeria and the existing partnerships are coming to a close.

“We are closing our ongoing portfolio which is very small right now, we would very much like to support you and go for the next generation of programmes that are responsive for your vision, we are very pleased to partner with you as you set an agenda for a transformative state,” Mr Benmessaoud affirmed.

Key areas of partnership
He said the visit to the Governor, therefore, was to explore ways to build on the existing partnerships in the areas of transportation, energy and the environment towards meeting the growing demands of residents as well as attract more investors into the State.

“The objective of the visit is to maintain and capitalise on the positive momentum that we have created through our partnership over the years and also to see how we can leverage that partnership in helping you, supporting you in achieving your vision for the urban transformation in Lagos State that will enable you to create a livable city, bringing more jobs that will not only retain and expand the existing businesses but also attract new businesses and generate more revenue for the State and attracting the private sector,” he said.

Positive contributionsGovernor Ambode commended the World Bank for its partnership over the years.

He noted that the world body had contributed immensely to the success story of Lagos State, especially in the transportation sector.

Governor Ambode further explained that Lagos was the first State in Nigeria to receive budget support from the World Bank, saying that the state has been able to show evidence that the partnership has been very successful.

“It’s been very fruitful and we’ve become totally responsive to ensure that whatever it is that we are getting in terms of support from multilateral institutions, we show credibility. Also to show that we plan well for such support and we are willing to also continue to abide by international standards to ensure that whatever it is we are getting as support, it is used for the common good of every citizen in Lagos which is the whole essence of service,” the Governor said.

Governor Ambode added that his administration had fashioned out a work plan to integrate water, rail and road transport system to evolve a viable means through which ‘Lagosians’ could commute with ease.

MUSIC

Ayra Starr Opens For Coldplay In Sold-Out Stadium Concerts

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Ayra Starr opens for Coldplay in sold-out stadium concerts | fab.ng

Grammy-nominated singer Ayra Starr is achieving new heights in her career as she joins the legendary band Coldplay on their Australian tour.

Currently, the Music of the Spheres 2024 World Tour has Coldplay headlining 11 dates across Australia and New Zealand.

First, Ayra Starr joins Zimbabwean singer Shone and Australian X Factor contestant Emmanuel Kelly as opening acts for the multi-award-winning group. Consequently, this opportunity allows her to perform in front of large international audiences.

Moreover, at their Coldplay concert at Melbourne’s Marvel Stadium, Ayra Starr energetically entertains thousands of fans. Specifically, she performs her hit single “Rush” and additionally thrills the audience with popular tracks from her sophomore album, ‘The Year I Turned 21’.

Her engaging stage presence and unique sound made an impression on Coldplay’s fans. Further marking yet another success for the Nigerian star, she continues to expand her global influence.

Adding to her impressive achievements, Ayra Starr features on Coldplay’s latest album, ‘Moon Music’. She collaborates with the band on the track “Good Feeling.”

This collaboration is particularly historic, as she becomes only the fourth woman to feature on a Coldplay track. Interestingly, she follows the likes of Rihanna, Beyoncé, and Selena Gomez, in the band’s nearly 30-year history.

Ayra Starr has enjoyed an exceptional 2024, which began with a historic Grammy nomination. Furthermore, this makes her the first Nigerian female lead artist to earn this recognition.

Her album, ‘The Year I Turned 21’, continued to build her commercial success with standout guest appearances from Nigerian stars Asake and Seyi Vibez, American R&B artists Giveon and Coco Jones, and Brazilian sensation Anitta.

Each collaboration has contributed to her global appeal, further establishing her as one of Africa’s top music exports.

Recently, Ayra Starr received nominations for the 2024 MTV EMAs in two categories—Best New Artist and Best Afrobeats.

As her global presence grows, she is set to represent Africa proudly at the awards show on November 10 in Manchester. This would mark another milestone in her remarkable journey.

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MOVIES

Showmax To Screen “Princess On A Hill” At AFRIFF 2024

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Princess on a Hill to screen at AFRIFF 2024 | fab.ng

In celebration of African storytelling, Showmax announces that its upcoming Nigerian Original drama, Princess on a Hill, will screen at the 13th edition of the Africa International Film Festival (AFRIFF) on Thursday, November 7, 2024.

Furthermore, the TV series brings a captivating story of ambition and corporate power struggles to the festival on its screening date.

Additionally, MultiChoice, Showmax’s parent company, will host a panel session titled “Crafting Local Content for Global Success,” which explores how African narratives can reach global audiences.

In this limited series, co-creators Abiola Sobo and Tolu Ajayi tell the story of Zara (Onyinye Odokoro), a young executive who enters a high-stakes corporate environment after winning a reality show.

Subsequently, she faces off against the fierce CEO, Moyosore Lawson (Bimbo Manuel). As a result, Zara must adapt to her new reality in the complex and cutthroat world of high-stakes business, where power struggles and ruthless competition dominate.

Moreover, the series showcases the complexities of power and ambition while demonstrating Showmax’s commitment to authentic African storytelling.

Meanwhile, MultiChoice will present an exclusive session at this year’s festival, focusing on “Crafting Local Content for Global Success.”

During this session, key industry players and stakeholders will lead discussions on Thursday morning, November 7, 2024. First, they will highlight local content’s importance in global entertainment.

Then, they will explore strategies to produce TV content that connects with diverse global audiences.

Above all, MultiChoice and Showmax actively support AFRIFF’s mission to elevate African filmmakers and create a global platform for African stories.

Finally, viewers can watch Princess on a Hill when it premieres on Showmax on Thursday, November 7, 2024.

Are you interested in staying updated? You can discover more exciting movie updates by visiting our website.

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NEWS

Bobrisky Released On Bail After Denying 15 Million Naira Bribery Allegations

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Bobrisky granted bail after denying N15m bribery allegation | fab.ng

The Economic and Financial Crimes Commission (EFCC) recently granted bail to Idris Okuneye, popularly known as Bobrisky, following his detention.

On Thursday night, Bobrisky was apprehended and removed from a KLM flight bound for Amsterdam at Lagos’s Murtala Muhammed International Airport while attempting to travel to London.

Subsequently, Bobrisky took to social media to inform his followers about his arrest, claiming to have sustained injuries during the incident.

He posted, “Nigerians, help me, EFCC just arrested me. I’m badly injured.”

After his arrest, officials transported him to the EFCC headquarters in Abuja for questioning over alleged bribery claims involving the commission.

The allegations arose when social media critic Martins Otse, known as VeryDarkMan, released a voice note reportedly featuring Bobrisky’s voice. In the recording, Bobrisky allegedly claimed he had bribed EFCC officials with N15 million to drop money laundering charges.

However, late on Friday, November 1, authorities processed Bobrisky’s bail, and he regained his freedom shortly after. EFCC spokesperson Dele Oyewale confirmed the release on Saturday but declined to provide additional information.

A source close to the case disclosed that Bobrisky denied all bribery allegations in his official statement. He also challenged the voice note’s authenticity, urging the individual who shared it to prove the claims.

According to the source, Bobrisky asserted that no EFCC official had solicited money from him and insisted he had not offered any bribe.

Through this statement, Bobrisky maintained his innocence, asserting that the bribery accusations were baseless. Meanwhile, the EFCC has yet to comment further on the case. This leaves questions about the voice note’s origins and the nature of the allegations still unresolved.

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