Today is January 15, 2018
The Lagos Portal
Lagos (Yoruba: Èkó) is a conurbation in the Nigerian state of Lagos. Often regarded as a city, it is the largest city in Nigeria and the African continent. Lagos is one of the fastest growing cities in the world and also one of the most populous urban agglomerations in the world. Lagos is a major financial centre in Africa; the mega city has the highest GDP, and also houses one of the largest and busiest ports on the continent.
Lagos initially emerged as a port city which originated on a collection of islands, which are contained in the present day LGAs of Lagos Island, Eti-Osa, Amuwo-Odofin and Apapa; the islands are separated by creeks, fringing the southwest mouth of Lagos Lagoon, while protected from the Atlantic Ocean by barrier islands and long sand spits such as Bar Beach, which stretch up to 100 kilometres (60 miles) east and west of the mouth. Due to rapid urbanization, the city expanded to the west of the lagoon to include areas in the present day Lagos Mainland, Ajeromi-Ifelodun, and Surulere. This led to the classification of Lagos into two main areas - the Island, which was the initial city of Lagos, before it expanded into the area known as the Mainland. This city area was governed directly by the Federal Government through the Lagos City Council, until the creation of Lagos State in 1967, which led to the splitting of Lagos city into the present day seven Local Government Areas(LGAs), and an addition of other towns (which now make up 13 LGAs) from the then Western Region, to form the state.
Lagos which was the capital of Nigeria since its amalgamation in 1914, went on to become the capital of Lagos State, after its creation. However, the state capital was later moved to Ikeja in 1976, while the federal capital also moved to Abuja in 1991. Even though Lagos is still widely referred to as a city, the present day Lagos, also known as "Metropolitan Lagos", and officially as "Lagos Metropolitan Area" is an urban agglomeration or conurbation, which consists of 16 out of Lagos State's 20 LGAs, including Ikeja, the state capital. This conurbation makes up 37% of Lagos State's total land area, but houses about 85% of the state's total population.
The exact population of Metropolitan Lagos is disputed; however, the National Bureau of Statistics in 2015 estimates the population of the area at approximately 21 million.
Aerial view of Lagos in 1929
Lagos was originally inhabited by the Awori subgroup of the Yoruba people in the 15th century, who called it "Oko". Under the leadership of the Oloye Olofin, the Awori moved to an island now called Iddo and then to the larger Lagos Island. In the 16th century, the Awori settlement was conquered by the Benin Empire and the island became a Benin war-camp called "Eko" under Oba Orhogba, the Oba of Benin at the time. The Yoruba still use the name Eko to refer to Lagos. Lagos, which means "lakes", was a name given to the settlement by the Portuguese. The present-day Lagos state has a high percentage of Awori, who migrated to the area from Isheri along the Ogun river. Throughout history, it was home to a number of warring ethnic groups who had settled in the area. Following its early settlement by the Awori nobility, and its conquest by the Bini warlords of Benin, the state first came to the attention of the Portuguese in the 15th century.
Portuguese explorer Rui de Sequeira visited the area in 1472, naming the area around the city Lago de Curamo; indeed the present name is Portuguese for "lakes". Another explanation is that Lagos was named for Lagos, Portugal—a maritime town which, at the time, was the main centre of Portuguese expeditions down the African coast, and whose own name is derived from the Latin word Lacobriga.
Zenon House, where Oando's corporate Headquarters is located
Oando is a Pan- African multinational energy corporation. Headquartered in Lagos, Nigeria, and active in various African countries, it is engaged in every aspect of the energy value chain, including Petroleum marketing, exploration and production; refining, and power generation. Oando is Nigeria's largest non-government owned company in the energy industry. It is the first Nigerian company to achieve a dual listing on both the Nigerian and Johannesburg Stock Exchanges, and Nigeria’s largest oil company with a market capitalization in the region of $1billion.
Oando’s earliest roots can be traced to the formation of ESSO Africa in 1956. ESSO Africa was a petroleum marketing company, a subsidiary of the Exxon Corporation of U.S.A. In 1976, the Nigerian government purchased a controlling stake in the company and rebranded the company as Unipetrol Nigeria. On 1 March 1991, Unipetrol became a Public Limited company. Later on in the same year, the Nigerian government sold 60% equity to the Nigerian public in an Initial Public Offering. By February 1992, Unipetrol was listed on the Nigerian Stock Exchange.
In 1999, Unipetrol acquired a 40% stake in Gaslink Nigeria Limited, a gas utility company. The acquisition was motivated by a desire to utilize its exclusive gas sale and purchase agreement with the Nigerian gas company. In 2001, the company increased its stake to 51 per cent.
In 2000, Ocean and Oil, a private investment company led by Nigerian entrepreneurs, Adewale Tinubu and Omamofe Boyo acquired a 30% controlling interest in Unipetrol Plc. In 2001, Ocean and Oil increased its stake in Unipetrol to 42% via an irredeemable convertible loan stock issue.
In 2002, Ocean and Oil led Unipetrol's bid for a 60% stake of Agip Nigeria Plc, a rival petroleum marketing firm, owned by Agip Petroli BV, an Italian-based oil company. The merged company was named Oando PLC in 2003, making the company the largest downstream petroleum marketing company in Nigeria.
In 2005, Oando Energy Services was incorporated as an integrated Oilfield Services company to achieve the group’s objectives in the upstream services industry.
The Lagos Taskforce
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James Reyne in 2008
||James Michael Nugent Reyne
19 May 1957 |
||Rock, folk rock
||Guitar, vocals, piano, harmonica
||Geffen, Virgin, Liberation
||Spiff Rouch, Clutch Cargo, Australian Crawl
James Reyne OAM (born James Michael Nugent Reyne on 19 May 1957 in Lagos, Nigeria) is an Australian rock musician and singer/songwriter both in solo work and, until 1986, with the band Australian Crawl.
Reyne was born in Lagos, Nigeria to an Australian mother and English diplomat father. The family moved to Victoria, Australia in the early 1960s. Reyne lived in Mount Eliza, Victoria, was educated at The Peninsula School and studied drama at the Victorian College of Arts. He formed a band called Spiff Rouch containing fellow locals Bill McDonough, Guy McDonough, Brad Robinson, Paul Williams, Robert Walker, Mark Hudson and Simon Binks. and solo work. By early 1978, Spiff Rouch had split with Reyne to form Clutch Cargo with Binks, Robinson, Williams and his younger brother David Reyne.
Did you know...
- ... that there's a floating fishing community in Lagos called Makoko?
- ...Lagos means Lakes in Portuguese? The city acquired this name when the first European explorer, Rui De Sequeira visited the area in 1472.
- ... that Lagos was the second city in the world to have street lamps after London?
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