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Sanwo-Olu Releases N1bn Science, Research Innovation Take Off Grant

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The Lagos State Governor, Mr. Babajide Sanwo-Olu, has inaugurated the newly constituted State Science, Research and Innovation Council, LASRIC, and Cybersecurity Advisory Board in its quest to advance scientific innovations with the sum of N1 billion take off grant.

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The event that took place at the Lagos House, Ikeja, at the weekend, was presided over by Sanwo-Olu, represented by his Deputy, Dr. Obafemi Hamzat, who announced the take-off grant of N1Billion, for the effective commencement of the activities by the board.

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Sanwo-Olu stated that his administration was committed to increasing the success metrics with the provision of LASRIC Seed fund.

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According t him, “With the provision of LASRIC Seed fund to the tune of N1,000,000,000 in the first tranche payment to the council.  

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“We believe this fund would continue to catalyze development in our dear State.”

The Governor noted that the sustenance of the development of the State is the central focus of the present administration’s THEMES Plus Agenda, adding that to drive deeper positive economic outcomes, it was essential to establish an innovation, science, and technology body to manage and propel Lagos State’s engagement with the science and technology ecosystem.

Sanwo-Olu noted that within the research and development, LASRIC has supported more than 70 initiatives, ranging from projects in biomass and biodiesel to artificial intelligence for medical imaging, adding that “their efforts have increased innovation activity within the state by over 250 per cent.”

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READ ALSO: Court Sentences Native Doctor To Death For Kidnapping In Akwa Ibom

The Governor, enumerated the key areas of responsibilities of the government to the newly recommissioned LASRIC board, which includes: Increased funding and support, collaboration and partnerships, capacity building, focus on local challenges, promotion of a culture of innovation, and LASRIC SEED FUND, adding that “all these areas will increase the ecosystem science, innovation, and technology of the state.” 

Sanwo-Olu noted that the board is composed of experts from industry, academia, and the public sector, with the mission to deepen and expand innovation activities in Lagos.

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While congratulating the newly constituted council, the governor stated that “It is my expectation that the new LASRIC being inaugurated today will work assiduously towards ensuring the realization of our collective goal and aspiration congratulate the Chairman and members of the Board for heeding the call to serve. 

“I have no doubt in my mind that you will bring to bear on your new assignment your experience and expertise which informed your selection to serve the government and the people of Lagos State.”

READ ALSO: JUST IN: Police Reject PSC’s Recruitment List, Demand Review

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In an earlier event, Sanwo-Olu inaugurated the state cybersecurity council, charging them with the mandate to establish a robust protection ecosystem that will ultimately safeguard the quality of life for all its citizens, stating that the inauguration of the State’s Cybersecurity Advisory Board marks a significant step in its commitment to enhancing digital security and advancing the development agenda in the state.

 “Given these escalating threats, it is imperative for Lagos to implement a comprehensive cybersecurity protection strategy.

The growing use of digital tools offers both opportunities and real-world risks to our development. Today’s inauguration aligns with our goal of transforming Lagos into a smart, livable, and cyber-protected city,”the Governor said.

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Earlier, Commissioner for Innovation, Science and Technology, Mr. Tobosun Alake, stressed that Sanwo-Olu administration has continued to enhance technology and digital solutions which will increase the quality of livelihood of its citizens.

READ ALSO: Binance Reacts As FG Drops Tax Charges Against Executives

The commissioner stated that the inauguration of both LASRIC Board and the State’s Cybersecurity Advisory Board was a testament to Sanwo-Olu/Hamzat administration’s commitment to innovation science and technology and protecting the state ecosystem.

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Also, both Chairmen of the newly inaugurated boards, LASRIC, Professor Olumuyiwa Odusanya and Cybersecurity, Dr. Osakwe Fene, assured the government of their commitments to the mandate of the council, to protect and promote cybersecurity, science and technology towards the development of the ecosystem of the state and its citizens.

The duo added that technology and cybersecurity are pivotal to the development of any country, especially in achieving the making Lagos a 21st-century economy goal, stressing that “the present administration is open to different innovative ideas that will continue to enhance the economy of the state and as the 5th largest economy in Africa.” 

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Nine Dead In Austria School Shooting

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A mass shooting at a secondary school in Austria’s second-largest city has left nine people dead and at least 10 others injured in what authorities are calling one of the country’s worst school attacks in recent history, Al-Jazeera reported.

Police were called to BORG Dreierschutzengasse school in Graz on Tuesday morning after reports of gunfire. Emergency services responded swiftly and secured the area.

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Authorities later confirmed that the suspected shooter had died by suicide, bringing the total number of dead to ten, including the attacker.

READ ALSO: China Reacts After Australia Bans DeepSeek On Govt Devices

According to local officials, at least seven of those killed were students. Graz Mayor Elke Kahr described the shooting as a “terrible tragedy.” One adult was also among the dead, though their identity has not yet been released.

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The incident reportedly began shortly after 10 a.m. local time and unfolded across two classrooms. Students, many aged 14 and older, were evacuated and are now receiving psychological support alongside their families.

The attacker is believed to have acted alone and is reported to be a former school student. The motive behind the shooting remains unclear.

 

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17 Palestinians Killed In Israeli Strikes Near Gaza Aid Site

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At least 17 Palestinians were killed and dozens more injured on Tuesday near a humanitarian aid distribution site in central Gaza, according to local health authorities as reported by Reuters.

The casualties reportedly occurred as large crowds of displaced residents gathered in the area to receive aid.

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The deaths were attributed to Israeli gunfire by Gaza’s health officials.

The Israeli military said its forces had fired warning shots at “suspects who were advancing in the area of Wadi Gaza and posed a threat to the troops.”

READ ALSO: Anxiety As Netanyahu Tells UN To Move Lebanon Peacekeepers Out Of ‘Harm’s Way’

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It added that it was aware of reports that several were injured, but said numbers released by local health authorities did not align with the information it had collected.

The warning shots were fired hundreds of meters from the aid distribution site, prior to its opening hours and toward the suspects who posed a threat to the troops,” the military added.

Medics confirmed that those injured were transported to Al-Awda Hospital in the Nuseirat refugee camp and Al-Quds Hospital in Gaza City.

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The Israeli military contested the reported casualty figures but acknowledged that several people were wounded during the incident.

READ ALSO: Five Feared Killed As Military Clashes With Shi’ite Protesters In Abuja

The shooting occurred in an area where the military has labelled a hazardous zone for its personnel.

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This came after a warning issued last week by the Israeli army, advising Palestinians to avoid roads leading to Gaza Humanitarian Foundation sites between 6 p.m. and 6 a.m., which were designated as “closed military zones.”

The incident adds to growing concerns over civilian safety amid ongoing conflict in Gaza. Just last week, at least 27 Palestinians were reported killed near another aid site in Rafah, also by Israeli fire.

That event marked the third consecutive day of disruption to aid operations, according to local health officials.

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READ ALSO: Pope Receives Relatives Of Captives, Calls For Peace In Israel, Palestine

Day after day, casualties & scores of injured are reported at distribution points manned by Israel & private security companies,” Philippe Lazzarini, the chief of the United Nations Palestinian refugee agency (UNRWA), wrote on X.

This humiliating system continues to force thousands of hungry & desperate people to walk for tens of miles excluding the most vulnerable & those living too far,” he said.

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The war erupted after Hamas-led militants took 251 hostages and killed 1,200 people, most of them civilians, in the Oct. 7, 2023, single deadliest day.

Israel’s military campaign has since killed more than 54,000 Palestinians, most of them civilians, according to health authorities in Gaza, and flattened much of the coastal enclave.

AFP

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Britain’s Jobless Rate Climbs To 4.6% As Economy Weakens

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Britain’s unemployment rate has reached its highest level since July 2021, according to official data released on Tuesday, following a UK tax rise and the implementation of US tariffs.

The rate climbed to 4.6 percent in the three months to the end of April, according to the Office for National Statistics.

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That compared with 4.5 percent in the first quarter of this year, the ONS added.

Tuesday’s data covers the start of a hike in business tax laid out in the Labour government’s inaugural budget last October.

April also saw the beginning of a baseline 10-percent tariff imposed on the UK and other countries by US President Donald Trump.

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“There continues to be weakening in the labour market, with the number of people on payroll falling notably,” said ONS director of economic statistics Liz McKeown.

READ ALSO: Britain To Invest 16bn In New Nuclear Power Projects

“Feedback from our vacancies survey suggests some firms may be holding back from recruiting new workers or replacing people when they move on.”

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Analysts said the data, which included slowing growth to wages, would likely see the Bank of England continue to cut interest rates into 2026, weighing on the pound but lifting London’s stock market in early trade on Tuesday.

With payrolls falling, the unemployment rate climbing and wage growth easing, today’s labour market release leaves us more confident in our view that the Bank of England will cut interest rates further than investors expect, to 3.50 percent next year,” noted Ruth Gregory, deputy chief UK economist at Capital Economics research group.

The Bank of England last trimmed borrowing costs in May by a quarter point to 4.25 percent.

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