F.G. Launches Techlaunchpad For Young Entrepreneurs

The Federal Government through the Ministry of Communication and Technology has launched a scheme called Techlaunchpad.

By this initiative, young budding entrepreneurs who have developed solution software for the oil and gas industry or the financial services can now send onto the website techlaunchpad.com.ng for consideration.

The Minister of Communication; Mrs Omobola Johnson says the initiative will help incubate several businesses for growth.

5-storey building gutted by fire in Lagos

Tragedy struck on Saturday as a five storey building in Lagos was razed by fire, destroying property worth millions of naira.

The five-storey building, known as UBA Plaza, on Bread Fruit Street because the building houses a branch of the bankĀ  on its third floor started burning around 5:00pm according to those present at the scene.

Uzuoma Aniekwe; a shop owner in the building, said the fire started shortly before 5:00 p.m., and as he got wind of it he started evacuating his goods from inside his shop on the ground floor and according to Aniekwe the fire started on the fourth floor and flowed rapidly to the fifth floor.

As of 08:20 p.m. in the evening of Saturday, firemen from the Lagos State Fire Service, UBA and Julius Berger Plc., were still battling the fire according to our reporter who was present at the scene of the incident as report had it that the fourth and the fifth floors were mostly affected by the fire.

A senior official with the Lagos State Fire Service in charge of rescue operation, said the arrangements products inside the warehouses was too compact for water to get through which gave rise to the unsuccessful penetration of water into the core part where the fire started from.

The official said the banking hall on the third floor might have remained intact, as well as many offices on the second floor.

In order to secure properties worth millions of naira to be looted by miscreants in the Breadfruit area police and officials of other security agencies quickly swung to action to protect these wares.