I’ve received so many DMs from people wanting to know more about this or asking me to put them on. I apologize if if your message has been unattended to. I won’t be able to respond to everybody.
I won’t hide update, so, here are the requirements.
Please note that meeting these requirements is only about 50% of the headache.
You know how it is with government bodies. I also can’t confirm if the below info is up to date as this were the requirements given to us in 2023.
Anyway👇🏼
Obtain an application of “Expression of Interest to practice Outdoor Advertisement in Lagos State”
Fee is Five Hundred Thousand Naira only (₦500,000.00) which is non-refundable
Provide evidence of financial standing to underscore competence and capacity to finance proposed structures
Evidence of good source of finance of minimum Twenty Five Million Naira (₦25 million), e.g. stocks and shares
Present a three (3) year audited account of the company or audited statement of affairs
Present three (3) year tax clearance of the Principal Director of the Company
Present bank statement of the Principal Director of the Company (certified by the bank)
Clear and workable business plan (include financial plan, management plan and technical plan)
Present two (2) letters of reference from a financial institution and other corporate organisations
Show evidence of technical competence
Show evidence of partnership with a COREN registered Engineer, provide a certified true copy of the COREN certificate and other relevant professional registrations
Show evidence of registration with ARCON
Show evidence of registration with OAAN (optional)
Show evidence of Memorandum of Association/Evidence of Registration with CAC
Show evidence of registration with Lagos State Residents Registration Agency’s (LASRRA)
Supply list of projects undertaken, not necessarily in Lagos
Provide a Maintenance Schedule for proposed structures
Supply a corporate address with legible signage and employee details with relevant information such as the contact details of personnel i.e. phone number, email address and a valid photocopy of their Identification Card (ID) for the company of at least two personnel
There will be an interview process for shortlisted companies
A point’s based system will be used for the continuous assessment of practitioners once successful with the application
Successful companies will be expected to pay an annual registration fee of Three Hundred Thousand Naira only (₦300,000.00)
ALL THESE DOCUMENTS SHOULD BE SUBMITTED IN THREE COPIES
Following approval of the Outdoor Company by the Agency, the practitioner is required to pay a registration fee of Three Million Naira Only (₦3,000,000.00) which is non-refundable and if found inactive for two (2) years, will be delisted.
I said this earlier:
“First thing first, as a founder, apply to Google for Startups, AWS for Startups, or NVIDIA Inception.
They offer access to significant infrastructure, credits, tools and other resources that can potentially support your startup for a year or longer.
It’s surprising how many founders don’t know about this.”
Let me show you exactly how to do it,
But before then bookmark and share with your timeline so they benefit from it too.
“When I was growing up, none of the things my mom wished for me came to pass while she was alive. I was just 40 years old when she passed away, and I felt like all hope was lost. I looked up to so many people for help, but when I needed them the most, no one was there for me”
~Billionaire Ochacho
“When my first wife lost her credit card, I made no attempt to get it back, because the guy was spending less than she was.” — Billionaire Investor, Warren Buffett
Jobless people in 1991:
- Wake up
- Have breakfast
- Chill
- Dad finds you a job
Jobless people in 2001:
- Meet up with friends
- Binge-watch a movie
- Enjoy sunny weekends
- Friends connect you to a job
Jobless people in 2026:
- Apply for 500+ jobs
- Keep refreshing email
- Get called for 2 interviews
- Go through 7 rounds of interviews
- Get rejected
- Society calls you a failure
- You feel guilty even while resting
- You fall into significant debt
- Friends slowly stop calling you
- Depression hits hard
Ibadan micra drivers and bad mouth are 5 & 6. I was coming home from work & I wanted to take a cab from Iwo road. I politely asked the man, "how much?" he said #500. I said ahh kilode Otipoju The man said “shebi Pepsi niyen lowo ee, ragbado si komaa feserinlo.”😭💔