LASG ISSUES TRAFFIC ADVISORY AHEAD OF FANTI CARNIVAL. (PHOTO). #PRESS RELEASE.

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 LASG ISSUES TRAFFIC ADVISORY AHEAD OF FANTI CARNIVAL The Lagos State Government has announced traffic diversions and restrictions ahead of the Lagos Fanti Carnival scheduled to hold on Monday, 6th April, 2026, around Tafawa Balewa Square (TBS), Lagos Island. In a bid to ensure a seamless and hitch-free carnival procession, vehicular movement will be restricted along major adjoining roads linking TBS. Affected Routes are; King George V Road (by Mobil Filling Station), Flag House inbound TBS, Force Road inbound TBS, Onikan Roundabout inbound TBS, and WaterBoy Roundabout by Old Defence House. Additionally, all link roads to Moloney Road, such as Military Road (by Old Defence Building), Ajasa Street, Boyle Street, and Hawley Street, will be closed to traffic during the event. To ease parking challenges, designated car parks have been arranged for public use, these include; the Yoruba Lawn Tennis Club Car Park, Zone 2 Car Park (opposite Island Club along King George V Road), Museum Kit...

ANAMBRA STATE FINALLY JOINS OIL PRODUCING STATES,TO BENEFIT FROM 13% DERIVATION FUND.{PHOTOS}.#PRESS RELEASE.

Anambra State Finally Joins Oil Producing States, To Benefit From 13% Derivation Fund 


By Gab Okpalaeze (ABS News)


Anambra state has finally joined the league of Oil Producing States in Nigeria, as it will soon start to benefit from the thirteen percent Derivation fund.               


This is sequel to the                          Revenue Mobilisation Allocation And Fiscal Commission's approval of Governor Willie Obiano's request for due share of revenue accruing to the nation from oil and gas production activities in Anambra state.                                 


According to the approval letter through its secretary, Mr M.B. Shehu, and addressed to Governor Obiano, the Commission, approved the attribution of eleven oil wells wholly to Anambra state. It also approved attribution of Anambra River One, Two, and Three oil wells, to be shared on fifty- fifty percent basis between Anambra and Kogi states, pending the final delineation of boundaries of the two states.                               


The eleven oil wells wholly attributed to Anambra state, are; Nzam-One oil well, Alo- One oil well, and  Ogbu- One oil well.          Others are Ameshi One, Two, Three and Four oil wells, as well as Enyie One, Two, Three, and Four oil wells.                                 


Revenue Mobilisation and Fiscal Commission's approval was at its 139th plenary session, held on twenty seventh July, 2021. It said the 13 percent derivation will take effect when the said revenue from the operations of the said oil wells starts contributing into the federation account.

More photos below.

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