General News
Lagos Bus Services Rewards 10millionth Passenger of Its 10 months of Operation
The Lagos Bus Services Limited (LBSL), the leading bus transport company in Lagos State has successfully transported 10 million Nigerians in 10 months of its operations. This disclosure was made in Lagos on Thursday 19, March 2020 by Mr. Idowu Oguntona, the company’s Managing Director/Chief Executive, after a commemorative bus ride with the 10-millionth passenger of the company from the Ojodu-Berger Terminus to Tafawa Balewa Square, Lagos Island.
The 10-millionth commuter, Uwuadileke Chinedu, was identified before the trip commenced and was given a one-month free bus pass at a short commemorative ceremony at the bus terminus.
Oguntona, who was accompanied by senior management staff of LBSL, some commuters and guests during the trip, gave company’s scorecard and assured stakeholders that its best was yet to come.
He further assured commuters who use the Lagos Bus Services of its commitment to excellence as the gold bar of its operations by moving them to their destinations timely, conveniently, comfortably and at affordable fares.
Oguntona assured Nigerians that the company’s long term goal is to help in making Lagos a livable city where most car owners do not see the need to put their cars on the road during business hours as they can count on Lagos Bus Services to transport them to their desired destinations within the City of Lagos.
Oguntona said, “As part of our efforts to facilitate intermodal transportation in Lagos State, we collaborate with LAGFERRY to ensure seamless movement of people, and we are ready to work with other sister organisations to ensure that the Sanwo-Olu administration’s blueprint for the transport sector is realised.
The Greater Lagos we envisage with Governor Babajide Sanwo-Olu is a smart city where a resident can get of home, ride on our bus, get on a ferry link a train and still return home in a bus, all in a day’s journey. It is no longer a dream without a date. It is now a realisable goal in our life time.”
Oguntona further disclosed that the company has been growing organically, tripling its fleet from 50 buses in May 2019 to 150 high capacity buses by December 2019 as part of efforts to improve public transportation in Lagos State. Additional 65 high capacity buses were deployed and seven new major routes opened in February for the use of commuters affected by the restriction order placed on motorcycles and tricycles in some parts of Lagos.
Oguntona also stated that LBSL transports 80, 000 passengers daily on its 15 routes and has such has been able to achieve the significant feat of effectively transporting 10 million passengers in 10 months since 2019 while creating jobs for hundreds of people. He also disclosed that plans were afoot to introduce more high capacity and mini-buses into the company’s fleet to serve more commuters across the state.
“LBSL is a key player in the Traffic Management & Transportation; Health and Environment component of the THEMES agenda of Governor Babajide Sanwo-Olu. We have created jobs for over 700 Lagosians, with about 87 per cent of the staff being bus captains, operations staff and technical staff. We have also empowered Lagosians for employment through our driving school that successfully produced 1,969 certified high capacity bus drivers in 2019,” he said.
The MD further thanked Governor Babajide Sanwo-Olu for government’s support and expressed LBSL’s readiness to collaborate with more public agencies to address public transport needs of Lagosians.
Speaking against the backdrop of the recent confirmed cases of COVID-19 in the State and the need for relevant organizations to embrace precautionary measures, Oguntona disclosed that the company is putting in place, necessary measures to minimize exposure to the virus in our buses.
In his words, ” As we speak now, the use of sanitizers in all our stations is now compulsory. This is in addition to provision of Thermometer already deployed across our stations to check passenger’s Temperature before they board our buses, to contain the spread of this virus and ensure that users of LBSL are safe and protected.
“Apart from this, we have educated our staff and we’re extending the same information and sensitization to our users on how to be safe in our buses. We ensure our buses are cleaned properly and disinfected regularly and we advocate a general personal and environmental hygiene for everyone”
The lucky 10-millionth commuter, Uwuadileke Chinedu, thanked the LBSL for its kind gesture, disclosing that it was a pleasant surprise as he never knew the company intended to reward anyone on a day like this.
“Lagos Bus Service has been a blessing since I started patronizing them. Comfortable, convenient and reliable all the time. And with this special milestone and recognition, I go dey follow you…” Chinedu concluded singing and dancing.
The Mayor of London, Sadiq Khan, has successfully concluded his visit to Lagos, Nigeria, aimed at strengthening the UK-Nigeria economic relationship and celebrating the deep cultural ties, shared vibrancy, and global influence of two dynamic cities – London and Lagos.
This visit marked the growing importance of Nigeria as a key partner in the UK’s global trade and investment strategy, particularly in sectors such as fintech, innovation, and the creative economy.
Alongside the visit, the Mayor of London led a trade delegation of 27 London-based companies in fintech, enterprise technology, and sustainability, supported by the Mayor’s growth agency, London & Partners. Under the leadership of Howard Dawber OBE, Deputy Mayor for Business and Growth, the agency facilitated a series of high-level engagements in Nigeria.
The delegation connected with Nigerian policymakers, investors, and creatives through curated events aimed at fostering collaboration and unlocking new business opportunities across Africa.
This visit marked the first official trip by a sitting Mayor of London to sub-Saharan Africa, underscoring London’s commitment to building long-term, cross-sector partnerships that support inclusive growth, digital transformation, and cultural exchange.
Mayor Khan’s engagements in Lagos commenced with participation in a panel discussion at the “Bridging Borders: How London and Lagos Can Shape the Future of Global Tech” tech event where he highlighted how London and Lagos can jointly shape the future of global innovation and encouraged Nigerian tech businesses to invest in London.
The Mayor of London also attended the Lagos Canvas Reception, a celebration of Nigeria’s flourishing creative sector which he co-hosted with Mo Abudu at the Ebony Life place.
The reception celebrated the status of Lagos and London as cultural and creative industry powerhouses and looked to encourage even greater ties between the creative industry ecosystems in both cities.
From the arts to fashion, music and film – central to the UK-Nigeria Enhanced Trade and Investment Partnership (ETIP) – which is expanding trade and unlocking new opportunities in the creative economy.
Wrapping up his visit to Lagos, Nigeria, the Mayor of London will continue his historic trade mission with stops in Accra, Johannesburg and Cape Town to bang the drum for the capital as a place for investment, innovation, and cultural exchange – strengthening ties with countries across the African continent for economic growth.
The Mayor of London, Sadiq Khan, said: “I am delighted to be visiting Nigeria and Africa this week – the first visit of its kind by a Mayor of London – to bang the drum for the capital and further develop the strong ties between our countries.
“Africa has the world’s fastest growing populations and is seeing major economic growth across many of its economies. Over the next decade there are huge opportunities to deepen partnerships with London. I will be working tirelessly throughout this visit to drive trade and investment across critical sectors including finance, education, health, tech creative and sustainability.
“Londoners of African heritage have played, and continue to play, a huge role in making London the greatest city in the world, and this trip is an opportunity to celebrate our shared heritage, history and culture with the African continent – as we build a better and fairer city for everyone.”
British Deputy High Commissioner in Lagos, Mr. Jonny Baxter, said: “The Mayor of London’s visit underscores the UK Government’s commitment to strengthening economic and cultural ties with Nigeria. From trade to fintech and fashion, our collaboration is driving innovation and growth.
“Through the UK-Nigeria Enhanced Trade and Investment Partnership, we’re committed to unlocking new opportunities that benefit both our economies, and this visit is a powerful step forward in that journey of inclusive growth.”
UK Minister for Africa, Lord Collins of Highbury, said: “Sir Sadiq’s visit marks an exciting moment for the UK’s relationship with countries across Africa and is a strong demonstration of our commitment to deepening our ties with the continent.
“Strengthening our trade, investment, and cultural ties is not only vital for shared economic growth, but also for fostering long-term partnerships that are rooted in respect and open up opportunities for all.”
The Nigeria Immigration Service (NIS) has announced the rollout of a fully digital application system for the Combined Expatriate Residence Permit and Aliens Card (CERPAC).
The new online portal, https://cerpac.immigration.gov.ng, will become the exclusive platform for submitting CERPAC applications from August 1, 2025.
According to NIS, the digital migration is part of the Federal Government’s broader initiative to reform the immigration system by promoting transparency, improving operational efficiency, and enhancing the overall user experience for expatriates and organizations interacting with the Service.
In a press statement signed by A.S Akinlabi, Service Public Relations Officer, the NIS disclosed that manual or physical CERPAC forms will be completely phased out by July 31, 2025.
It noted that after this date, all applications must be submitted exclusively through the online portal.
The Service has advised applicants who have paid for physical forms but are yet to complete the submission process to do so on or before July 31, 2025, warning that any unsubmitted applications after the deadline will be deemed invalid, and associated payments may be forfeited.
Companies and individuals assuming Immigration Responsibility (IR) for expatriates have also been urged to ensure that all outstanding applications are finalized within the stipulated timeframe, to avoid potential delays or administrative setbacks.
“This digital transition marks a critical milestone in our effort to simplify processes and serve the public better,” the statement reads.
The NIS urged members of the public to direct all inquiries and correspondence regarding the new digital process to the office of the Public Relations Officer at the Service Headquarters in Abuja.
Tosin Eniolorunda and Felix Ike
Moniepoint joins a select group of leading fintech players recognised for their financial performance and success across 2023-4. The list – compiled by CNBC in conjunction with market research firm Statista – follows analysis of key performance indicators, such as revenue growth, transaction volume, employee headcount, and capital raised. The result is a diverse group of 250 trailblazing fintech companies.
Founded in 2015 by Tosin Eniolorunda and Felix Ike, Moniepoint (formerly known as TeamApt Inc.) has been instrumental in advancing financial inclusion across Africa – especially for individuals and businesses operating in the informal economy, underserved by formal and traditional institutions.
The Company services 10 million+ customers through its comprehensive, integrated ecosystem of digital banking, credit, payments, and business management tools, and processes over one billion transactions monthly with volumes exceeding US$22 billion.
The accolade follows recent milestones for the Company which reiterate Moniepoint’s commitment to innovation and widening access to the formal financial system.
Notably, Moniepoint expanded its offering to Africans in the international diaspora via the launch of the MonieWorld platform. MonieWorld offers seamless remittance and digital financial services capabilities to individuals in markets such as the UK; the first time the Company has provided services to consumers outside Africa.
In June, Moniepoint was named in the TIME100 Most Influential Companies list for 2025, highlighting the Company’s extraordinary impact. Moniepoint has also been recognised by the Financial Times for three consecutive years as one of Africa’s fastest-growing companies, reflecting its remarkable revenue growth and business expansion; and by CB Insights in the Fintech 100 list, highlighting the Company’s status as one of the world’s most promising private fintech companies.
Tosin Eniolorunda, Group CEO of Moniepoint Inc., said: “It is an honour to be named as one of the world’s top fintech companies by CNBC. Moniepoint’s inclusion in this prestigious, authoritative list is testament to the hard-work and success of the entire team while highlighting our emergence as a key player shaping the future of fintech worldwide.
“Our mission to power the dreams of millions of African entrepreneurs and businesses continues to propel us forward with renewed vigor. As we continue to scale, we remain committed to driving global financial inclusion and widening access to economic opportunities for Africans everywhere – transforming lives and livelihoods.”
CNBC’s list of the world’s top fintech companies was launched in 2023 to identify global market leaders in technology-driven financial services. The list, which includes companies operating across various regions and market categories including banking solutions, digital assets, and payments, highlights the dynamic and rapidly evolving FinTech industry, offering readers, investors, and stakeholders a comprehensive overview of the leading players across various segments.
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