NPF CLARIFIES POSITION ON TINTED GLASS PERMIT ENFORCEMENT. (PHOTO).

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 NPF CLARIFIES POSITION ON TINTED GLASS PERMIT ENFORCEMENT The Nigeria Police Force has dismissed claims that it is restrained by a  court order from enforcing the tinted glass permit policy, insisting that enforcement remains lawful and necessary for public safety. At the IRT office, the Force Public Relations Officer explained that at no point did any court stop the police from enforcing the policy. He said the court order being widely circulated was misinterpreted, noting that the injunction only directed parties to maintain the status quo , but  ongoing enforcement, not suspension. As part of the briefing, the Nigeria Police Force paraded exhibits recovered from various criminal operations conducted nationwide. The Force disclosed that seven major cases were successfully concluded, leading to the arrest of nine suspects involved in armed robbery, kidnapping, cultism, and drug-related offences. Items recovered from the suspects include two AK-47 rifles, three pump-acti...

LAGOS STATE EXECUTIVE COUNCIL APPROVED TODAY,THE RESTRUCTURING OF LEKKI CONCESSION COMPANY LOAN FACILITY.

                          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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