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Eko Revenue Plus Summit: A “win-win” opportunity for fresh Public-Private Partnerships to Drive N5 Trillion Revenue Growth in Lagos State

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Eko Revenue Plus Summit: A “win-win” opportunity for fresh Public-Private Partnerships to Drive N5 Trillion Revenue Growth in Lagos State——Modo Ante, a pioneer Governance, Public Sector & Political Consultancy, is thrilled to invite sponsors, partners and exhibitors to be part of the Eko Revenue Plus Summit, set to take place on September 25-26, 2024, at the Eko Hotel and Towers, Victoria Island, Lagos.

 

This high-powered event which will be a convergence of business leaders, industry experts and government officials aims to explore innovative strategies to increase the State’s internal generated revenue (IGR) to N5 Trillion by 2027; and to drive sustainable economic growth for the State and prosperity for its inhabitants.

 

The Eko Revenue Plus Summit is an audacious ambition aimed at unlocking new streams of revenue for the State to fast-track socio-economic development. It is a crucial step towards harnessing the full potential of Lagos State. According to Joko Okupe, CEO of Modo Ante, the Organizers of the Summit, “By leveraging technology and innovation, we can unlock ‘new money’ that will enhance Lagos State’s ability to provide better social amenities and economic opportunities for Lagosians”

 

Speaking further, he stated that there are several sectors holding untapped potential for revenue growth in Lagos State, but the focus will be strong on how the income streams of existing revenue generation of Government entities can be enhanced and how “new money” can be generated.  By new money, he meant revenues that erstwhile do not exist. “Working closely with the Special Adviser to the Governor on Taxation & Revenue and his team, we have identified five core sectors of the State’s economy with the potentials for additional revenue to help generate extra (Plus) IGR of about N2.73 Trillion. These sectors, in order of priority, are Property, Digital Economy, Informal Sector, Energy Sector and Circular Economy, with The Energy Sector as a support pillar for the other four sectors and a catalyst for the general economic development in any environment, for that matter.”

According to him, the Summit will also look into how Government entities that are presently cost centres or generating very little revenues, in these sectors, can be transformed to render value-added services to citizens, such that can make them become revenue earners. The Summit will highlight the strong potential in utilizing technology to enhance public service delivery. These are low hanging fruits that will deliver value to citizens, make their lives easier, and make the Public Sector more efficient.

 

The Summit intends to enable better understanding of the current Lagos State revenue landscape, identify key challenges and opportunities, provoke an out-of-the-box thinking to inspire Government embrace innovative approaches to creating new revenue opportunities, especially through creation of value-added services that will enhance Government’s productivity and capacity to deliver more services to Lagosians.

He added that Government Agencies can be empowered to create Products and Services that give citizens such great value that they will be willing to exchange them for money, which in turn generates new revenues for Government.

Sustainability is also key, as the initiatives and solutions discussed will focus on long-term, sustainable revenue generation practices that ensure economic stability and growth. By adopting these practices, the State will not only boost its current revenue but also secure its economic future and that of Lagosians.”

He called on the Managers of the commanding heights of the Lagos State economy to rally round this project since it is designed to be a “win-win” for sponsors, partners, Lagosians, businesses, international investors, and others.

“The Eko Revenue Plus Summit also offers a platform for innovators to pitch ideas that are capable of unlocking new revenue streams for the State. By participating in the Summit, sponsors and partners will gain numerous benefits, including: Enhanced visibility through extensive exposure to a diverse audience, including government officials, business leaders, investors, and international media. It also provides strategic networking opportunities to connect with key stakeholders and decision-makers to forge valuable partnerships and explore new business opportunities.

Beyond these, the sponsors and partners will leverage the Summit to enhance their brand positioning as leaders in driving economic transformation and innovation in Lagos State – including the exclusive access to high-profile speakers and panellists. Their participation offers a rare opportunity to connect and collaborate with the Lagos State Government and her Agencies in a deeper alliance to work together to serve Lagosians. It will also boost their Corporate Social Responsibility profiles as it demonstrates their commitment to supporting sustainable development and economic growth in one of Africa’s most viable destinations.

One of the core objectives of the summit is to ensure that the innovative revenue generation ideas to be explored, will directly translate into improved lives and livelihood for Lagosians, whilst also enhancing the revenue profile of the State.

 

Speaking further, he said that, “Increased revenue will also mean more economic opportunities for the citizens and residents of Lagos State. The initiatives from the Summit will support job creation, entrepreneurship, and the growth of small businesses.

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BREAKING: After Historic Osun Victory, Adeleke Backs Tinubu for 2027 Re-Election

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BREAKING: After Historic Osun Victory, Adeleke Backs Tinubu for 2027 Re-Election—-Fresh from securing a second term as Osun governor under the Accord Party, Ademola Adeleke has reaffirmed his support for President Bola Tinubu’s bid for another term in 2027.

Osun State Governor Ademola Adeleke has reaffirmed his support for President Bola Ahmed Tinubu’s bid for re-election in 2027, shortly after securing another four-year term as governor of the state.

Adeleke made the declaration in his victory speech following his successful re-election in the August 15 governorship election, where he contested under the Accord Party after leaving the Peoples Democratic Party (PDP).

The governor’s renewed endorsement of Tinubu adds another significant dimension to his remarkable political journey. Adeleke won his first term as governor in 2022 on the PDP platform but subsequently moved to Accord ahead of the 2026 election, successfully defending his seat as an incumbent under his new party.

Adeleke Praises Tinubu After Election Victory

In his post-election remarks, Adeleke expressed appreciation to President Tinubu, who had called to congratulate him on his victory.

The Osun governor praised the President for what he described as his role in ensuring that democracy continued to thrive, while acknowledging Tinubu’s congratulatory gesture following the election.

Adeleke’s comments represent a notable development given the political rivalry and tensions that characterized the build-up to the Osun election.

Before the poll, the governor had repeatedly called on the Federal Government and security agencies to ensure a free, fair and peaceful election. His campaign also exchanged accusations with the APC over the conduct of the electoral process and the role of federal authorities.

Renewed Support for Tinubu’s 2027 Ambition

Adeleke’s endorsement of Tinubu for 2027 is not entirely new.

The governor had previously declared his support for Tinubu’s re-election campaign before the Osun governorship election. In June, while formally launching his Accord Party re-election campaign, Adeleke described his support for the President as “unshaken and total.”

He again reaffirmed that position after winning the Osun election, emphasizing his continued backing for the President’s second-term ambition. Vanguard and Punch both reported the governor’s renewed endorsement following his victory.

Adeleke also described Tinubu as a son of Osun, further highlighting the personal and political connection he says exists between the President and the state.

Adeleke’s Historic Political Switch

The endorsement comes just days after Adeleke achieved a major political feat by retaining the Osun governorship despite switching parties.

The governor was elected in 2022 as a PDP candidate but later abandoned the party following a prolonged internal crisis. He subsequently joined Accord and secured the party’s ticket to contest the 2026 election.

His decision created considerable political uncertainty because he was defending his position as an incumbent governor without the PDP structure that had originally brought him to power.

Adeleke ultimately overcame the challenge, winning another term under Accord and strengthening his position as one of the country’s most prominent politicians outside the traditional major-party platforms.

Tinubu Congratulates Adeleke

President Tinubu has also congratulated Adeleke on his re-election, describing the result as a reflection of the will of the people.

The President said the outcome demonstrated that democracy continues to flourish in Nigeria and urged the governor to use his renewed mandate to serve the people of Osun State.

The development creates an interesting political dynamic ahead of 2027, with Adeleke now firmly positioned as an Accord governor who is publicly supporting the incumbent President’s re-election bid.

For Adeleke, the immediate priority will be delivering on the mandate he has just received from Osun voters. But his decision to publicly back Tinubu also signals that his political calculations extend beyond the state and into the increasingly important national contest ahead of the 2027 presidential election.

After securing a historic second term under Accord, Adeleke has now turned his attention toward the next political battle — throwing his weight behind Tinubu’s bid to remain President beyond 2027.

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JUST IN: From PDP to Accord, Adeleke Makes History as Incumbent Governor Wins Re-Election in Osun

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JUST IN: From PDP to Accord, Adeleke Makes History as Incumbent Governor Wins Re-Election in Osun—-The Accord Party candidate defeated APC challenger Bola Oyebamiji by 66,252 votes after winning 19 of Osun State’s 30 local government areas.

Jubilation has erupted across Osun State after the Independent National Electoral Commission (INEC) declared incumbent Governor Ademola Adeleke the winner of the 2026 governorship election, securing another four-year term in office.

Adeleke, the candidate of the Accord Party, polled 511,067 votes to defeat his closest challenger, Bola Oyebamiji of the All Progressives Congress (APC), who recorded 444,815 votes. The result gave Adeleke a winning margin of 66,252 votes.

The governor’s victory was formally announced early Sunday at the INEC collation centre in Osogbo by the Returning Officer, Professor Joshua Ogunwole, following the collation of results from the state’s 30 local government areas.

Adeleke won 19 of the 30 local government areas, while Oyebamiji secured victory in the remaining 11, highlighting the closely fought nature of the contest despite the eventual margin in the overall vote tally.

The African Democratic Congress candidate, Najeem Salaam, finished a distant third with 17,180 votes, while the other candidates shared the remaining votes.

Celebrations Break Out

News of Adeleke’s victory triggered celebrations among his supporters across the state, with party loyalists and residents taking to the streets to celebrate his return to the Osun Government House.

One of the most prominent reactions came from Afrobeats superstar Davido, Adeleke’s nephew, who had played an active role in his uncle’s campaign. Shortly after INEC announced the result, Davido posted “WE DID IT UNC!!!” on X alongside a video of himself celebrating the victory.

Davido had served as chairman of the Imole Youth Mobilisation Campaign Council and had been heavily involved in mobilising young voters for his uncle during the campaign.

Adeleke Extends His Stay in Government House

Adeleke’s re-election gives him another four years to pursue his administration’s agenda after first winning the Osun governorship election in 2022.

His victory also represents a significant political achievement for the Accord Party, as the governor successfully defended his position against a strong challenge from the APC.

The election was held across Osun’s 30 local government areas on Saturday, with the final results collated into the early hours of Sunday before INEC made the declaration.

With his victory now officially announced, Adeleke is set to begin another four-year tenure as governor of Osun State, while supporters who gathered to celebrate his success hailed the result as a fresh mandate from the people.

For the opposition APC, the defeat means another setback in its attempt to regain control of the South-West state.

The outcome also brings an end to an intensely contested election that attracted significant attention across Nigeria, with Adeleke ultimately emerging victorious and securing his place at the helm of Osun State for another term.

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