News
Sanwo-Olu Offers Lagos Rice At N57,000 Per 50kg

Lagos State Governor Babajide Sanwo-Olu has revealed that the price of rice has dropped significantly in the market, adding that he is personally ready to sell Lagos-produced rice for N57,000 to N58,000 per 50kg bag.
Speaking at the 60th Annual Bankers’ Dinner of the Chartered Institute of Bankers of Nigeria in Lagos on Friday, Sanwo-Olu cited the falling price of rice as evidence that the country’s inflation outlook is improving.
According to a recent report by The PUNCH, the National Bureau of Statistics, in its Selected Food Prices Watch report for September 2025, said that the prices of beans, garri, maize, tomatoes, beef, rice, and other food items witnessed a slight decrease in September 2025.
Also, the latest Consumer Price Index from the NBS indicated a slight easing in food prices, with food inflation declining by 0.37 per cent month-on-month.
Speaking at the event, Sanwo-Olu said, “Clear examples about this time last year, we were struggling to buy a bag of rice, today in the same country, in the same market, you go to the price of a 50kg is under N60,000.”
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Highlighting Lagos production capacity, the governor said he operates the country’s largest rice mill and currently holds a significant stock.
He stated, “In fact, I am the largest… I have the largest rice mill in the country. I’ve got over 200,000 bags, and I was convincing my colleagues a couple of days ago, and I’m ready to sell my… at N57,000, 58,000.”
Sanwo-Olu described the ongoing price decline as a direct benefit to Nigerians, saying, “Real drop in the market. That is real growth, innovation and real growth in our citizens. The reduction in inflation numbers is real and positive.”
The governor linked the improvement in rice affordability to broader macroeconomic reforms and a more disciplined monetary environment, crediting recent changes for stabilising prices and easing pressure on households.
He continued his remarks by commending the Central Bank of Nigeria’s regulatory stance and its impact on inflation, foreign exchange stability, and investor confidence, while assuring the financial sector of Lagos State’s ongoing infrastructural and economic support.
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The governor extended appreciation to President Bola Tinubu for giving the CBN Governor, Olayemi Cardoso, the room to operate.
He said, “I think we should thank the president and commander in chief of the armed forces of the country, for choosing him, but not just for choosing— for allowing him to do the work, for allowing him to play this role.”
Sanwo-Olu reassured the banking industry of Lagos State’s consistent support through infrastructure development, security upgrades, and digital initiatives.
He told the audience, “We are indeed grateful and happy with the level of relationship we have built, the commitment that we continue to give to you in the bank sector through our investment in infrastructure.”
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He referenced the state’s massive rollout of street lighting as part of its urban security plans:
“As you drive back and see how many of the LED solar street lights that we’re placing on your street and your corners.”
The governor also highlighted the state’s recent success in the financial markets, announcing the oversubscription of its latest bond issuance.
He said, “Just a week ago, as typical of Lagos, we raised the largest sub-national conventional bond. The race went to market to raise N200m. The conventional bond was oversubscribed by over 60 per cent.”
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He added that Lagos also floated a green bond:
“On another note, we were also the first to raise the green bond and sub-national.”
Sanwo-Olu urged the banking community to continue upholding ethics, innovation, and customer-centric thinking.
“Commitment is not only to professionalism, but our commitment also must be to ethical conduct. Must also be customer-centric. We must continue to innovate,” he affirmed.
News
Grassroots To Global Podium: Edo Sports Commission Marks Enabulele’s First Year In Office

The Indoor Sports Hall in Benin City came alive on Wednesday as the Edo State Sports Commission rolled out the drums to celebrate the first anniversary in office of its Executive Chairman, Hon. Amadin Desmond Enabulele. Management, staff, coaches and athletes gathered in an atmosphere charged with pride, reflection and optimism.
The colourful ceremony drew executives and members of various sports associations, officials of the Sports Writers Association of Nigeria (SWAN), coaches, athletes and other key stakeholders in Edo sports.
In her welcome address, the Acting Permanent Secretary of the Commission, Mrs. A. P. Amenze, praised Hon. Enabulele for what she described as focused and purposeful leadership. She said the past year had seen renewed confidence, discipline and energy return to the state’s sports ecosystem.
Adding excitement to the event were exhibition bouts and demonstrations by the Kung Fu, Karate, Taekwondo and Judo associations, staged in honour of the Executive Chairman.
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Speaking for SWAN Edo State, Chairman Comrade Kehinde Osagiede commended Hon. Enabulele’s open-door leadership style and consistent support for sports development. He noted that the Commission had effectively driven Governor Monday Okpebholo’s “Catch Them Young” policy through practical grassroots programmes that identify and groom young talents across the state.
In recognition of his contributions to sports development and media relations, Comrade Osagiede conferred the Patronship of SWAN Edo State on Hon. Enabulele and presented him with a special anniversary card.
Goodwill messages followed from Executive Directors of the Commission, including Hon. Frank Ilaboya (Edo North), Coach Baldwin Bazuaye, MON (Edo South), Barr. Anthony Ikuenobe (Edo Central), and Mrs. Sabrina Chikere, Executive Director, Sports Development and Operations. Representatives of coaches, athletes and sports associations also took turns to acknowledge the progress recorded under the current leadership.
In his stewardship address, Hon. Enabulele expressed gratitude to Governor Monday Okpebholo and Deputy Governor Rt. Hon. Dennis Idahosa for the trust placed in him, noting that their backing and shared vision had driven the Commission’s achievements.
READ ALSO:Enabulele Lauds Okpehbolo For Creating Enabling Environment For Football To Thrive
He highlighted Team Edo’s third-place finish at the 9th National Youth Games in Asaba, where the state recorded its best-ever outing with 79 medals—33 gold, 18 silver and 28 bronze—reinforcing Edo’s reputation as a national sports powerhouse.
The Chairman also pointed to the impact of inclusive and grassroots sports programmes, citing Favour Ojeabu, a visually impaired para-cyclist who won three gold medals to emerge Africa’s champion at the African Track Para-Cycling Championship in Egypt.
Other milestones listed included outstanding performances by Edo para powerlifters on the international stage, historic achievements in cricket, weightlifting, cycling, judo and deaf athletics, as well as structural reforms such as the repositioning of Bendel Insurance FC and deeper investment in grassroots sports development.
Cultural performances added colour and tradition to the celebration, as stakeholders closed the event united in their assessment of the past year as a truly transformative period for sports development in Edo State.
News
Otuaro Tasks Media On Objective Reportage

The Administrator, Presidential Amnesty Programme (PAP) Dr. Dennis Otuaro has charged media practitioners particularly members of the Ijaw Publishers’ Forum to promote ethical journalism through their reportage.
He gave the charge in Warri on Wednesday during the 2nd Annual Ijaw Media Conference organised by the Ijaw Publishers’ Forum (IPF).
Represented by Princewill Binebai, spokesman, Ijaw Youth Council (IYC) Worldwide, Otuaro while stating that the Niger Delta stories have been told in such a way that is quite different from what is obtainable in the real sense, said this, IPF must do everything possible to correct.
The administrator added: “I am happy that Ijaw journalists have boldly come out together to champion the Ijaw struggle in a very dynamic perspective”.
READ ALSO:IPF Hosts Media Conference, Seeks Protection For N’Delta Environment
“The Ijaw story was misrepresented over the years, but IPF’s emergence had corrected this error and the story is gradually changing for better.”
Otuaro, however, challenged Ijaw media practitioners to be objective, truthful, accurate and fearless in their reportage to correct many years anomalies of the Ijaw struggle.
He admonished members of IPF to see themselves as brothers and love one another in the discharge of their activities to achieve a common goal.
News
Police Confirm Edo Tanker Explosion, say No Casualty

The Edo State Police Command has confirmed tanker explosions that rocked Auchi, the administrative headquarters of Etsako West Local Government Area of the state.
The Command’s Police Publice Relations Officer, Eno Ikoedem, who confirmed the incident via the phone, said the explosion occurred at about 6:30 p.m. following the fall of a fuel tanker along the road.
Ikoedem said the incident occurred on Wednesday evening at about 6:30 p.m. following the fall of a fuel tanker along the road.
READ ALSO:Edo SSG Calls On Media To Support Govt Policies, Assures Better Welfare
She explained that spilled fuel seeped into underground tunnels, which later ignited and caused three explosions in different parts of the Auchi community.
According to her, officers from the Auchi Divisional Police Headquarters and the Area Command were mobilised to the affected areas and successfully cordoned them off to prevent loss of lives.
She added: “No casualty was recorded. Our men on ground were able to cordoned the affected areas.”
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It was gathered that three separate explosions rocked the town simultaneously in different parts, which led to properties worth millions of naira destroyed.
A resident who does not want his name in print said via the telephone that the blasts occurred along Igbei Road, Igbo Shade, and along the Auchi–Okene Road, close to Winners Junction.
The resident, who alleged the explosions appeared to have been coordinated, called for a thorough investigation into the incident to prevent future occurrences.
Calls put across to Mr. Monday Edogiawere, Chairman, Red Cross, Edo State, were not picked.
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