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". ...
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THE RE-DEVELOPMENT OF FALOMO SHOPPING CENTRE IN IKOYI,CANCELED BY AMBODE.

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                 The governor in a statement signed by his Chief Press Secretary,Mr Habib Aruna said that the decision was carried out based on a recent discovery that the concession was grossly detrimental to the interests of the people of the state.According to him,only N50 million was paid by the concessionaire,Afriland Properties,for a 50 year lease of the property belonging to the government.He said the state Government,as custodian of the interests of Lagosians,is committed to the restructuring of the LSDPC to ensure it begins to provide positive capital returns to the state Government for the ultimate benefit of the people''.Governor Ambode had two months ago,relieved former Managing Director of the LSDPC,Mr Biodun Oki,of his appointment,and appointed Mr Jacob Agosu as Acting CEO of the Corporation,in a bid,according to the statement,to stem the tide of negative capital returns of the corporation.

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