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Lasimra, Globacom Agree on Modalities For Optic Fibre Project
Lagos State Infrastructure Maintenance and Regulatory Agency (Lasimra) and Globacom have agreed on several conditions in executing the Glo1 optic fibre cable laying project in Lagos.
The agreement which was reached between both parties in Lagos recently is sequel to the landing of Glo1 submarine cable in September last year and the readiness of the company to lay its fibre cable across the country for broadband service penetration as earlier promised.
Lasimra is the agency responsible for the regulation and maintenance of telecom infrastructure in Lagos, whose portfolio also covers the granting of right of ways for underground cable laying in Lagos metropolis, while Globacom owns Glo1, an undersea cable.
The meeting between Globacom and Lasimra was convened to agree on modalities for utilizing the permit to execute optic fibre cable project in Lagos, which was granted to Globacom recently by the State Government.
Both Lasimra and Glo1 agreed that the project should be executed at minimal pain to the citizenry of the state, and that in utilizing the permit, any damage to the state infrastructure such as roads and existing underground facilities of service providers should be avoided in the interest of all.
Joe Igbokwe, general manager, Lasimra, said the agency would monitor the project closely and requested that Globacom should forward its work plan to the agency ahead of the commencement of the project.
The meeting resolved that Lasimra should publish the project in all National dailies to intimate and seek the cooperation of all and sundry.
It was also agreed that Globacom should simultaneously at not more than three project sites at a time so as to minimize the attendant pain to the public, for ease of traffic management and for effective monitoring of project execution by LASIMRA officials. It is expected that LASIMRA should mount its site boards at the project site, so as to stamp its authority on the project.
Other agreement reached at the meeting include, none excavation across roads; execution of overnight project in critical high traffic areas so as not to compound the chaotic traffic situation in such areas; deploying trial pits before embarking on wholesale excavation of project sites so as to confirm the existence of underground facilities such as telecom and electric cables, water and gas pipes, and to avoid damaging them; and the active involvement of Lasimra in attendant road reinstatement works, upon project completion, so as to ensure standard.
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Anambra Shines in 2025 E-Governance Rankings, Setting National Standards

Anambra State has once again demonstrated its leadership in digital transformation, emerging as one of Nigeria’s top three states in the 2025 e-Governance Report published by the Panorama CIAPS Governance Performance Index (CGPI).
According to the report — a collaborative effort between Nigerian Panorama and the Commonwealth Institute of Advanced Professional Studies (CIAPS) — Anambra ranks alongside Lagos and Enugu as the leading states in adopting and implementing e-governance practices that foster accountability, transparency, and improved service delivery.
In his remarks, Professor Anthony Kila, Director of CIAPS, emphasized the importance of e-governance in shaping how governments interact with citizens. “The centrality of e-governance allows us to assess the performance of state governments in the country. How the government treats the digital world says a lot about them,” he said.
The report evaluated states based on a comprehensive set of criteria, including website security, up-to-date content, public engagement, availability of online services, policy updates, and user accessibility. Anambra’s performance reflects the state’s deliberate investment in digital infrastructure and its commitment to leveraging technology as a tool for inclusive governance.
Reacting to the recognition, the Managing Director/CEO of the Anambra State ICT Agency, Chukwuemeka Fred Agbata, CFA, described the report as a welcome validation of the efforts being made under the leadership of Prof. Charles Chukwuma Soludo, CFR, to reposition Anambra as a liveable and prosperous smart mega-city.
“This is not just about being tech-savvy,” Agbata said. “It’s about using digital tools to create real impact — making the government more accessible, responsive, and transparent. Anambra is building a digital future that works for everyone.”
The CGPI Report recommended that all states intensify efforts to train public servants, maintain digital platforms effectively, and build user-friendly systems that keep citizens informed and empowered. For Anambra, this recognition serves both as a milestone and a motivation to scale new heights.
As the journey continues, Anambra remains focused on setting the pace for e-governance in Nigeria in line with the Governor’s mantra of Everything Technology & Technology Everywhere.
News
SERAP Urges National Assembly to Reject Tinubu’s $24Bn Loan Request Over Debt Concerns

Socio-Economic Rights and Accountability Project (SERAP) has urged the National Assembly to reject the Tinubu administration’s request to borrow $24 billion, warning that the move would significantly deepen Nigeria’s debt crisis.
In a statement posted on its official X account, the advocacy group warned that the proposed borrowing would raise Nigeria’s total debt stock to an estimated ₦183 trillion—an amount it described as “clearly not sustainable and not in the public interest.”
“The National Assembly must immediately refuse to approve the Tinubu administration’s request to borrow $24 billion,” the group said. “The growing national debt is not sustainable and not in the public interest.”
SERAP expressed concern over the heavy burden of debt servicing, which it said is already consuming a substantial portion of government revenue, leaving little room for critical public investment.
Nigeria’s total public debt is projected to surpass ₦180 trillion following the president’s latest loan request. The borrowing plan includes a proposal for over $21.5 billion in external loans, which equates to ₦33.39 trillion at the official exchange rate of ₦1,590 per dollar. The administration is also seeking approval for a domestic bond issuance worth ₦757.9 billion to settle outstanding pension liabilities.
President Tinubu said the 2025–2026 borrowing plan targets key sectors such as infrastructure, healthcare, education, water supply, security, and employment generation. He noted that the plan is also intended to cushion the economic impact of fuel subsidy removal.
The total loan request comprises $21.5 billion, €2.19 billion, and 15 billion Japanese Yen, alongside a €65 million grant. Tinubu assured lawmakers that the funds would be directed toward development projects across all 36 states and the Federal Capital Territory, with emphasis on rail networks, healthcare infrastructure, and poverty alleviation programs.
On pension-related borrowing, the president explained that the proposed bond issuance is aimed at clearing backlogs under the Contributory Pension Scheme. The measure, he added, has already received approval from the Federal Executive Council and is expected to improve retirees’ welfare, restore trust in the pension system, and inject liquidity into the economy.
Nigeria’s public debt has surged in recent years, rising by 48.6% in 2024 to ₦144.66 trillion—up from ₦97.34 trillion in 2023. The Federal Government accounts for 95% of that total.
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