GOV. SANWO-OLU IN LONDON SEEKS FOREIGN INVESTMENTS, PARTNERSHIPS.(PHOTOS). #PRESS RELEASE.

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SANWO-OLU IN LONDON SEEKS FOREIGN INVESTMENTS, PARTNERSHIPS   •Governor charges Commonwealth states to bring capital, technology, expertise to Lagos The Governor of Lagos State, Mr. Babajide Sanwo-Olu, on Monday charged the Commonwealth’s 56 member states to invest in Africa, particularly Lagos, by bringing their capital, technology and other expertise, promising that they will find not just market and opportunity but partner and relationship.   He said the Commonwealth's greatest advantage is not simply its shared language, shared laws or shared history but its people, noting that nowhere is that advantage more vivid, dynamic or consequential than in Africa.   Speaking as a Keynote Speaker at the opening ceremony of the Commonwealth Trade and Investment Summit held at Mansion House, London, on Monday, Governor Sanwo-Olu said Lagos is ready for partnerships and relationships with global investors.   The theme of the opening session is “The Commonwealth's Advantage". ...

LAND DISPUTE BETWEEN OTUDEKO AND DANGOTE.

                Honeywell group alleged that Nepa leased the 10.841 square metres of land within the Lagos ports complex,for five years for the purpose of setting up bulk facilities of N2.168milion was paid,but suddenly the agreement was suspended and the land was relocated to Greenview Development company while Honeywell was ordered to vacate the land.Honeywell group alleged that Dangote and his group had lured the NPA to transfer the land to it.Honeywell is urging the Federal High court to declare it as a legal occupier while demanding damages of $48million.Dangote is insisting that the agreement was neither turned into deed nor was it registered in any land registry.His group is also claiming that presidential consent was not obtained before the lease agreement was granted to Honeywell and as part of the privatisation policy of the Federal Government ,notices were given to the public in 2003 for the consessioning of all lands in the Nigeria Ports complexes bt the Bureau of public enterprises.Dangote and his group have asked the court to dismiss the case.The case was adjourned till 6th of February 2014 for hearing.

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