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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FUEL SCARCITY,HITS AWKA ANAMBRA STATE.

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                      According to sources,there is now fuel scarcity in Awka Anambra state and they are now selling fuel as high as N110 and N115 .Some pressmen who monitored the situation today wednesday reports that most filling stations had no fuel sign placed at their gates while a few that had the product had long queues of vehicles.Mr Benjamin Abimaje,Manager at Femas Services Station Awka said ''There was no product because of the sudden outrageous increase in loading cost.I have applied for products for some days noe but the increase in price and scarcity at the depot in Lagos had made it impossible for them to get loaded.We do not have fuel.The cost is high at the depot and when you add other charges,it may not land at less that N98.It is also biting us because we are not selling,no profit,yet we are incurring loss,we hope it normalises soon''.Chief Ikechukwu Nwankwo,Chairman of Independent Petroleum Marketers Association of Nigeria {IPMAN},Enugu zone said ''I can confirm to you that there is no PMS now,the pump price increase is only natural because landing cost at the station is now between N95 and N99,the NNPC on its part does not have products.Marketers are having problems with funds because most times,government does not remit their part and even when they do,it comes late.Also the interests to banks eat up our profits.The government has role to play to ensure we come out of this problem''.More photos below.                                                                                

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