General News
LASG Tasked Internal Stakeholders on the Modalities of Structuring Sustainable PPP Transactions

As part of strategies to continually enhance effective service delivery within the Public-Private Partnerships and the PPP Ecosystem in Lagos State, the PPP Office, yesterday, met with its stakeholders on how to foster Human Capital Development, boost a friendlier business environment within government Ministries, Departments and Agencies.
The Special Adviser to the State Governor on PPP, Mr. Ope George speaking at the 2022 PPP Ambassadors’ workshop said that the gathering provides an avenue for the Office to activate a seamless skill transfer process for the participants.
He stated that the theme for the workshop: “The Science of PPP Process, Policy, Legal and Institutional Frameworks” could not have been more pertinent in creating a holistic learning experience for everyone.
The Science of PPP Process, Policy, Legal and Institutional Frameworks, according to him, underscore the need to understand PPP Philosophy, Project Negotiation dynamics, Project Initiation, Evaluation, Execution and Dispute Management mechanisms among others. He expressed confidence in the ability of the facilitators at the workshop to give the participants the much needed intellectual flavor critical to creating sustainable PPP’s in Lagos State.
The facilitators include the Mr. Fatai Onafowote, Director General of the Lagos State Public Procurement Agency (PPA) The Managing Director of Vista Advisory Partnership Limited Mr. Sunloye Adekanye, The Managing Partner of the New Practice TNP Mr. Baba Alokolaro, The Senior Vice President – Stanbic IBTC Infrastructure Fund Mr. Rotimi Teteye.
On the efforts of PPP Office to cascade its operations to all other government MDAs, the Special Adviser disclosed that the Office invited 2 Ambassadors each from all the key MDAs to the workshop for induction as Knowledge Anchors & PPP Liaison Officers in their various establishments.
The essence of this, he said, is to begin to build ‘Talent Specialization and PPP competencies beyond the borders of the Office of PPP and also to create peer educators for other members of staff in the various Ministries, Departments and Agencies of government.
His words: “Permit me to emphasize the fact that the workshop will energize a new cadre of PPP Champions across the Lagos State Civil Service, such that Private Investors and PPP Stakeholders can receive faster and well-tailored standardized services devoid of red tapes and other forms of impediments.”
George explained that the essence of having PPP Ambassadors located in the MDAs is for the Ambassadors to act as representatives of the PPP Office and protect the interests of the Office in their various MDAs, saying that the Ambassadors are the extension of PPP in their different offices.
The Special Adviser affirmed that Lagos State Government is blessed with a highly resourceful workforce and this explains the decision of the PPP Office to leverage on the abilities of these government officials in the various MDAs to always engage interested members of the private sector willing to embrace the PPP initiative of the government.
General News
Enugu Air Commences Operations Today

Enugu State-owned commercial airline, Enugu Air, is set to officially launch its operations today Monday, July 7, 2025. The launch ceremony will take place at the Akanu Ibiam International Airport, with the Minister of Aviation and Aerospace Development, Festus Keyamo, expected to attend alongside other dignitaries, according to a statement from the airline.
Dr Obi Ozor, Commissioner for Transportation, Enugu State, said Enugu Air is a key component of Governor Peter Mbah’s vision for a modern, integrated transportation system, aimed at positioning Enugu as a major aviation hub in Nigeria.
The airline will begin operations with a fleet of three Embraer jets, from the E170 and E190 series, chosen for their performance, passenger comfort, and suitability for regional routes.
The airline’s inaugural routes will form a strategic triangular operation connecting Enugu, Abuja, and Lagos, with plans to expand services to Port Harcourt, Owerri, Benin, Kano, and other key cities across Nigeria and beyond.
Ozor said, “With a strong foundation built on innovation and sustainability, Enugu Air is poised to transform regional air travel, boost state pride, and raise Enugu’s profile nationally and globally.”
The launch of Enugu Air is expected to have a significant impact on the aviation industry in Nigeria, providing more options for air travel and promoting economic development in the region.
With its modern fleet and strategic routes, Enugu Air is set to revolutionize air travel in Nigeria and establish Enugu as a major player in the country’s aviation sector.
General News
Cybervergent Selected as World Economic Forum’s 2025 Technology Pioneer Company

In affirmation of its global standing, Cybervergent, a Pan-African technology company that leverages artificial intelligence to transform how organisations manage risk, governance, privacy, and cybersecurity, has been selected as one of the World Economic Forum’s (WEF) Technology Pioneers for 2025—a global cohort spotlighting companies transforming industries through breakthrough technologies and responsible innovation.
The WEF, an international organisation committed to improving the state of the world through public-private collaboration, brings together global leaders to shape economic, technological, and societal agendas. Cybervergent now joins this global community.
The company is recognized for its innovative approach to building digital trust, reimagining how organisations manage cybersecurity, risk, privacy and governance.
Commenting on the company’s milestone, Adetokunbo Omotosho, CEO of Cybervergent, said, “I am honoured that Cybervergent has been named a Technology Pioneer by the World Economic Forum. This is more than an accolade — it’s a validation of our commitment to redefining cybersecurity, privacy, and risk management to build true digital trust.
“What makes this recognition even more meaningful is the fact that Cybervergent demonstrates innovation in AI and infrastructure can emerge from any region, challenging conventional perceptions.”
Some past recipients of the Technology Pioneer recognition, including Google, Spotify, and Airbnb have gone on to fundamentally reshape global industries.
As a member of the 2025 Technology Pioneers community, Cybervergent will be contributing to discussions shaping cybersecurity, AI, and cyber resilience across industries and the global digital economy.
General News
Moove Plans to Raise $1.2Bn Debt Round for US Autonomous Vehicle Expansion

Moove, an African mobility fintech startup, is on a quest to secure a $1.2 billion debt financing round to support the rollout of a fleet of autonomous vehicles.
This is in partnership with Alphabet Inc.’s Waymo in the United States, according to a Bloomberg report citing sources familiar with the matter.
The startup has since attracted backing, including from Uber Technologies Inc., and entered a strategic partnership with Waymo in December 2024 to provide financing for self-driving cars.
Ladi Delano, co-founder of Moove, noted that the company has a solid financial track record.
“Moove has built strong relationships with some of the world’s leading lenders. We have also fully repaid our first-ever debt facilities, which signals our maturity and marks a key milestone that demonstrates the strength of our platform as we enter the next phase of global autonomous-vehicle infrastructure deployment,” he said.
The round is reportedly oversubscribed, with strong participation from private credit firms and banks.
Waymo has also not made any official statement regarding the funding round. While final details are expected to be concluded in the coming weeks, the deal will mark a significant milestone for the firm as it ramps up its global ambitions.
Founded in 2020 by Nigerian entrepreneurs, Ladi Delano and Jide Odunsi, Moove began by providing vehicle financing for ride-hailing drivers in Africa’s largest cities.
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