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". ...

LAGOS STATE GOVERNMENT,UNVEILS PLANS TODAY,TO BUILD MODERN HOUSES ON MAKOKO LAGOON.

A house on Makoko waters               Today thursday,the Lagos state Government has unveiled plans to build modern houses on Makoko waterfront to curb the decay in the ghetto.Commissioner foe Physical Planning and Urban Development,Toyin Ayinde disclosed this at a news conference in Ikeja,Lagos.The housing scheme will be a replica of Lake Union Seattle,in the United States of America where houses are built on water in an organised manner.Toyin Ayinde said that the daily migration of people to the city of Lagos continues to have serious impact on the population and that all aspects of the economy,including the issue of accomodation are affected.''As a result of this,a lot of unplanned settlements and encroachments on both land and water by these immigrants have become a burden.The house built on the Lagos lagoon overtime in the Makoko area continued unabated and soon became worrisome due to the speedy and fast encroachment on this water way and further extension towards the PHCN high tension cable o the lagoon.Consequently,the ministry found it expedient to undertake a study of this development and tagg it HOUSE ON WATER''.Ayinde said the benefits of the project was to improve and enhance the living condition of the residents,to control development on the water ways,to increase the potential of the community economically,to protect the highly valued waterfront against pollution and wide spread contamination,to enhance water transportation and promote tourism.

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