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SANWO-OLU: WE’RE FINANCIALLY CREDIBLE GOVT

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•Says LASG will never default on loan repayment responsibilities

•LOTUS, Parallex banks hail Governor’s giant strides in Lagos

Lagos State Governor, Mr. Babajide Sanwo-Olu, on Wednesday said the State is a financially credible government to financial institutions, noting that Lagos State Government has never defaulted in terms of repayment and other responsibilities.

Governor Sanwo-Olu made the statement on Wednesday when the management of Parallex Bank Limited led by its Managing Director, Olufemi Bakre, paid him a courtesy visit at the Lagos House, Marina.

He said Lagos State Government is open to doing business with any financial institutions, adding that his administration will continue to encourage all players without giving anyone unnecessary advantage.

Sanwo-Olu said his government is service-driven based on the administration’s commitments to the citizens by improving quality of lives, providing security of lives and properties and providing a friendly and conducive environment for businesses to thrive.

“We are open to doing additional businesses with any of the financial institutions. Lagos will continue to be a major player in the public sector space and we are very disciplined because we never default on all our responsibilities in terms of repayment and others. So, I am very sure that we are a credible creditor to banks,” he said.

Governor Sanwo-Olu also received the management of the LOTUS Bank Limited led by its Managing Director, Kafilat Olaoye, during a courtesy visit at the Lagos House, Marina on Wednesday.

Speaking during the courtesy visit, Governor Sanwo-Olu said his administration is embarking on developmental projects in different parts of the state to create value for residents of Lagos State.

He said Lagos State Government will continue to collaborate with partners and stakeholders in the private sector who want to contribute to the growth and development of the state.

In his address, the Managing Director and Chief Executive Officer (CEO) of the Parallex Bank Limited, Olufemi Bakre commended the Babajide Sanwo-Olu administration’s giant strides in Lagos State, noting that the incumbent government’s performance is visible in the area of transportation, health, making Lagos 21st Century economy, information and technology, security and governance.

He said his bank is ready to partner with the government to finance some State developmental projects like the Fourth Mainland Bridge.

The Managing Director of LOTUS Bank Limited, Kafilat Olaoye, who said her organisation is ready to partner with the Lagos State Government in developmental projects, said Governor Sanwo-Olu has done a lot in the last three years and deserved a second term in office based on the recent endorsement of the Governor for reelection in 2023.

 

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General News

Nigerian Anglicans Condemn Lesbian Archbishop of Wales, Deepening Global Anglican Rift

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Anglican Church logo

…Church leaders accuse Welsh counterparts of “spiritual decadence” and “abandonment of faith”

The Church of Nigeria (Anglican Communion) has issued a forceful condemnation of the election of Rt. Rev. Cherry Vann, an openly lesbian cleric, as the Archbishop of Wales. The move is the latest in a series of developments that have deepened divisions within the global Anglican Communion over sexuality and doctrine.

In a statement from Primate The Most Rev’d Henry Ndukuba, the church denounced the election as a “serious departure from biblical teaching” and a sign of “spiritual decadence” and “an outright abandonment of the faith once delivered to the saints.”

Archbishop Ndukuba warned that Bishop Vann’s elevation compromises the Anglican Church’s global mission and could obstruct evangelism. He compared the situation to the controversial tenure of Most Rev. Katherine Jefferts Schori, former Presiding Bishop of the U.S. Episcopal Church, who also faced intense criticism from conservative Anglicans for her progressive views.

The Primate accused Bishop Vann of being complicit in the “ongoing crisis” around same-sex issues, stating that the election is a “clear revelation that many who claim to be members of the body of Christ cannot endure sound doctrine” (2 Timothy 4:3–4).

The Church of Nigeria called on Anglicans worldwide to reject “rebels” and “apostates” and to instead support conservative bodies like the Global Anglican Future Conference (GAFCON).

“The Church of Nigeria (Anglican Communion) condemns, unequivocally rejects, and will not recognize the election of Rt. Rev. Cherry Vann as Archbishop of Wales,” Ndukuba declared. He concluded with a solemn warning that without repentance, the Church in Wales risks losing “complete relevance” and its leaders will face judgment.

 

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Anglican Church Urges Government To Prioritize Citizen Welfare

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Anglican Church in Service

The Primate of the Church of Nigeria Anglican Communion, Most Reverend Henry Ndukuba, has called on political leaders to prioritize the welfare of citizens.

During a recent church service in Abuja, Ndukuba noted that many Nigerians are struggling with challenges brought on by the global economic downturn. He urged state and local governments to implement new initiatives to lessen the impact on their communities.

The Primate also stressed that the federal government must effectively monitor its programs to ensure that Nigerians fully benefit from the nation’s democratic gains. He argued that if the current administration can effectively tackle corruption, the country would significantly benefit from the economic policies of President Tinubu’s government.

Ndukuba concluded by asking the congregation to continue praying for those in authority, remain committed to national unity, and show love and support for the less privileged. He also tasked the newly inducted members of the Church Mothers’ Guild with aggressively spreading the gospel.

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Hardship: A Veil Of Sorcery And Darkness Over Nigeria – Pastor Enenche”

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Pastor Paul Enenche

Senior Pastor of Dunamis International Gospel Centre, Dr. Paul Enenche, has expressed deep concern about the current situation in Nigeria.

Enenche stated that the nation is under an evil spell due to the economic hardship affecting the country. He described Nigeria as being covered by a “blanket of sorcery and darkness,” leading many citizens to endure poverty and hardship in silence.

“There’s a blanket of sorcery and darkness over this nation—an evil spell making people tolerate what should provoke outrage,” he wrote.

In a post on his official X account on Thursday, the cleric highlighted the economic struggles faced by many Nigerians, noting that an increasing number of church members now line up after services not for spiritual counselling or prayer, but to help with basic needs such as rent, school fees, food, and medical bills.

“People are suffering. Pastors are exhausted. Members now queue after service not for prayer, but for assistance,” he lamented.

He also criticised political leaders for their insensitivity and failure to address the dire situation across the country.

“Yet, the leaders act as though nothing is wrong. This is not normal—it is witchcraft. It is a spell of patience in captivity, leading to a demonic tolerance of suffering.”

Calling for divine intervention, Enenche declared, “Let every evil spell over this land be broken! Let those misruling with arrogance and mocking the people’s pain face divine judgment. They shall not see the celebration of their wickedness.”

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