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Invest in Lagos: A Call to Action from Pastor Matthew Ashimolowo.

Phinadon Mag

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In a recent statement that has garnered significant attention, Pastor Matthew Ashimolowo, the Global President of the Kingsway International Christian Centre, has passionately urged potential investors to consider Lagos State as a prime investment destination. Speaking in a viral video, he warned that those who fail to act now may face regret within the next decade.

Pastor Ashimolowo emphasized the dramatic rise in property values in Lagos over the years, reflecting on personal experiences that underscore his message. He reminisced about the early days of his ministry when prime land in areas such as Opebi and Allen Avenue was available at remarkably low prices. “Anyone who does not invest in Lagos now will regret it in 10 years,” he stated, highlighting the missed opportunities he witnessed firsthand.

He articulated the foresight of his father-in-law, who advocated for the purchase of multiple plots of land when others were hesitant. Ashimolowo’s narrative highlighted a concrete example: a plot in Opebi he once chose not to purchase for ₦500 in the past was later bought for ₦10 million in 2004 and eventually sold for a staggering ₦120 to ₦150 million in 2018, following a total investment of ₦55 million.

Emphasizing the financial advantages of strategic investments in Lagos, Ashimolowo noted that no salary could compare to the returns from such investments. He called upon local and international investors to seize the current opportunities in Lagos, especially as interest from investors in Asia grows, who are increasingly seeking new ventures beyond Europe.

In conclusion, Pastor Matthew Ashimolowo’s insights serve as a vital reminder of Lagos’s potential as a booming investment hub. His call to action invites both seasoned and new investors to partake in the growth and transformation of Nigeria’s commercial landscape while there is still time. The future of investment in Lagos is bright, but the window for action is narrowing.

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News

Lagos State Reaffirms Focus on Road Safety, Not Revenue, with Speed Enforcement.

Ikechukwu Emmanuel

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Permanent Secretary of the Lagos State Ministry of Transportation, Olawale Musa, has reiterated the state government’s commitment to road safety, emphasizing that the recently implemented speed limit enforcement and e-policing camera system is primarily designed to reduce accidents and fatalities, not to generate revenue.

Speaking on a local radio program, Mr. Musa clarified that the initiative aims to curb excessive speeding, a key contributor to road accidents. He stated that compliance with speed limits is crucial for saving lives and preventing injuries, and that the enforcement measures, though often met with resistance, are necessary for public safety.

Further, Mr. Musa addressed concerns regarding potential errors and assured the public that a transparent process exists for contesting perceived wrongful fines. He also highlighted the government’s commitment to equitable enforcement, noting that even government vehicles have been subject to fines for violations. He urged motorists to adhere to posted speed limits, especially along the Alapere axis and the Third Mainland Bridge, and to utilize designated locations for passenger pick-up and drop-off. The government is also addressing issues of missing or vandalized road signs through alternative measures like direct road markings.

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Entertainment

Val Kilmer, Acclaimed Actor, Passes Away at 65.

Ikechukwu Emmanuel

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Hollywood mourns the loss of Val Kilmer, the acclaimed actor known for his diverse and memorable roles, who passed away in Los Angeles on Tuesday at the age of 65. His daughter, Mercedes Kilmer, confirmed the news.

Kilmer, a prominent figure in 1990s cinema, achieved widespread recognition for his performances in iconic films such as “Top Gun,” “The Doors,” where he embodied Jim Morrison, and “Tombstone,” where he portrayed Doc Holliday. He also donned the cowl as Batman in “Batman Forever.” His extensive filmography includes significant roles in “Heat,” “The Saint,” “Willow,” and the recent “Top Gun: Maverick.”

Beyond his on-screen achievements, Kilmer’s career was marked by periods of controversy and fluctuating box office success. He was reportedly diagnosed with throat cancer in 2014, though he later recovered.

Val Kilmer’s talent and dedication to his craft will undoubtedly be remembered by audiences for years to come.

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Foreign

Case Dismissed: Federal Charges Against Mayor Adams Dropped.

Ikechukwu Emmanuel

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On Wednesday, District Court Judge Dale Ho dismissed, with prejudice, the federal criminal case against New York City Mayor Eric Adams. This action effectively terminates the possibility of the Department of Justice (DOJ) resurrecting the five-count indictment against the Democrat in the US District Court in Manhattan.

The dismissal follows a controversial request by the Trump administration, nearly two months prior, to drop the corruption charges. The DOJ argued that prosecution would impede Mayor Adams’ ability to govern New York City and collaborate with the administration’s immigration enforcement policies.

The request prompted significant internal dissent, culminating in the resignation of seven federal prosecutors, including the acting Manhattan US attorney. Their departure underscores the contentious nature of the decision to seek dismissal and the ethical questions it raised within the Department. The “with prejudice” ruling solidifies the finality of this complex and closely watched legal battle.

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