Daily Trust Saturday

‘Lagos economy may collapse if’

- Sunday Michael Ogwu, Lagos Abdullatee­f Aliyu, Lagos Sunday Michael Ogwu, Lagos

Aformer Governor of Cross River State, Mr Donald Duke, has raised the alarm that if other states in Nigeria do not boost their economy, there are indication­s Lagos State might lose its economic premium because of the influx of people seeking greener pastures.

Duke was part of the panelists at the launch of Nigeria first sub national index across four key areas.

They are human capital, infrastruc­ture, economy and institutio­ns produced by National Competitiv­eness Council of Nigeria (NCCN) which Lagos came out tops among other states.

The number of Uber drivers in Nigeria has grown to over 7000 from the initial 3000, it has been revealed.

Uber is the leading taxi app which enables people call a driver at the click of the app on their mobile phone.

Meanwhile Uber has introduced a set of new features on the app that will

According to him, states see themselves as federating and political entities rather than an economic entity noting that each has the ability to be self-sufficient.

“We have a country that its blessing is turning into a curse because in the next three years, if we are not careful, our population will turn 200 million and our land size will not increase and Lagos may be crowded because of the influx of people, so if you don’t get the rest of our economy working, Lagos itself will collapse,” he said.

Also, NCCN’s Chief Executive Officer, (CEO), Mr Matthias Mordic, lamented the country’s erratic power supply and urged the government to create enabling environmen­t for business to thrive. make it easier for driverpart­ners across Nigeria to choose when, where, and how they drive.

Among the features are the Share My Trip, arrival and destinatio­n time, long trip notificati­on and rating protection.

Uber General Manager for West Africa, Lola Kassim said the new features were a product of rigorous engagement with driver-partners.

The Managing Director/Chief Executive Officer (CEO), Financial Institutio­ns Training Centre (FITC), Dr Lucy Newman, has been inducted into the 2017 Class of the Money Management Series (MMS), Women of Fortune Hall of Fame (WoFHoF) Initiative held in Lagos.

The Chairperso­n, Board of Trustees of the WoFHoF Initiative, Mrs Margaret Orakwusi, said Newman was recognised for the positive impact she was making at FITC by building capacity and skills for leaders and other key players in the financial services industry.

She said the group would continue to celebrate her as a shining example of women who have remained role models and great achievers in their chosen fields against all odds.

Presenting the award to Newman, President, Women Arise for Change Initiative, Dr Joe Okei-Odumakin, described her as a valuable and careerdriv­en woman.

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