ANTI-TINUBU COMMENTS: ACF SUSPENDS CHAIRMAN AS AFENIFERE, OTHERS BACK PRESIDENT. (PHOTO).

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 Anti-Tinubu comments: ACF suspends chairman as Afenifere, others back President The Arewa Consultative Forum on Thursday suspended its chairman Mamman Osuman following widespread reactions across the country, after the northern body’s criticism of President Bola Tinubu’s policies, saying it had impoverished the North. The ACF, in a statement, added that the interests of the North would be best represented by northerners. However, Yoruba socio-political Afenifere, Igbo socio-cultural body Ohanaeze Ndigbo and other regional groups backed the President insisting his predecessor Muhammadu Buhari laid the marker for the hardship in the country. In a communiqué issued at the conclusion of the forum’s National Executive Council meeting in Kaduna on Wednesday, the ACF expressed dissatisfaction with the current economic policies, which, according to the forum, worsened conditions in Northern Nigeria. The communiqué, signed by ACF’s National Publicity Secretary, Prof. Tukur Muhammad-Baba, also
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LAGOS STATE EXECUTIVE COUNCIL APPROVED TODAY,THE RESTRUCTURING OF LEKKI CONCESSION COMPANY LOAN FACILITY.

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                          The Lagos State Executive Council today wednesday approved the restructuring of the Lekki Concession Company {LCC} Loan facility provided by local and international lenders.The State Government in a statement issued by the Commissioner for Information and Strategy,Mr Steve Ayorinde,said that it has paid a total of N9.8 billion in full and final settlement of LCC's indebtedness to its international lender,which granted a 21.16 per cent haircut {reduction} on the State.He said as a result,a sum of N3.15 billion was saved.The Commissioner said that in addition,local lenders,whose interest rate was 18.5 per cent at the Consummation of the facility.offered a 12 per cent haircut and also fully paid with a restructured loan at 13.5 percent,thereby creating a savings of N8.7 billion for the Government.Ayorinde also reiterated the State Government's commitment to continue to deploy appropriate public finance management principles to ensure adequate provision of infrastructure to all Lagosians.In a related development,the State's Commissioner for Finance,Dr Mustapha Akinkunmi,urged citizens to continue to pay their taxes as at when due,since according to him,more facilities are being provided by government through the tax payers obligation to government.One more photo below.                                                                                                                                        

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