CURBING OPEN DEFECATION: LASG, WATERAID, PRIVATE SECTOR COLLABORATE TO BUILD 350 PUBLIC TOILETS IN LAGOS. (PHOTOS). #PRESS RELEASE.

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 CURBING OPEN DEFECATION: LASG, WATERAID, PRIVATE SECTOR COLLABORATE TO BUILD 350 PUBLIC TOILETS IN LAGOS  The Lagos State Government, in collaboration with WaterAid Plan and private operators, is set to build 350 more public toilets across the state to curb widespread open defecation and maintain hygiene and sanitation.  This is just as the State WaterAid team lead gave a projection that by 2028, the organisation will reach 10 million residents directly and another 17 million indirectly through interventions with basic Water Sanitation and Hygiene (WASH) access. Speaking at a roundtable over the weekend, the Special Adviser on Environment, Engr. Olakunle Rotimi-Akodu said work has started on some of the toilets including identifying the locations for them. He stated that the State government will adopt the three-way approach in tackling the issue of open defecation, which is to put infrastructure in place, engage in massive advocacy and lastly, undertake an enforcement d...
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TINUBU'S 15 PERCENT INFLATION TARGETS FOR NIGERIA IN 2025 UNREALISTIC- REWANE. (PHOTO).

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 Tinubu’s 15 percent inflation targets for Nigeria in 2025 unrealistic ~ Rewane.


The Chief Executive of Financial Derivatives and popular economist, Bismark Rewane said President Bola Ahmed Tinubu’s 15 percent inflation target in 2025 is unrealistic and a mere aspiration.


Rewane disclosed on Channels Television’s program on Thursday.


During Tinubu’s N49.7 trillion budget presentation before the National Assembly on December 18, 2024, he expressed optimism that Nigeria’s inflation rate would decline from 34.60 percent to 15 percent in 2025.


However, Rewane said the President’s target isn’t realistic.


According to him, Nigeria’s inflation can decline to 25 or 27 percent, but the 15 percent is unrealistic.


“Well, the target is an aspiration; the reality that we think is inflation could reduce from approximately 35 percent to somewhere like 27 percent or 25 percent, but a 15% rate on inflation is very bullish and aspirational, but we are free to have our aspirations.


“We deal in the world of reality, and in the world of reality, we see more of 27% to 25%. I would rather bet on that than bet on much more optimistic scenarios,” he said.


When Tinubu was sworn in as Nigeria’s president in May 2023, Nigeria’s inflation rate was 22.41 percent, according to official numbers by the National Bureau of Statistics, NBS.


The inflation rate rose astronomically to 34.6 percent in November 2024, more than 12 percent higher, a development that economic experts have attributed to Tinubu’s twin policies of petrol subsidy removal and unification of the foreign exchange rates.

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