‎‎NAF RECEIVES FIVE NEW HELICOPTERS AS FG ACCELERATES AIRPOWER MODERNISATION. (PHOTO).

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 ‎‎NAF RECEIVES FIVE NEW HELICOPTERS AS FG ACCELERATES AIRPOWER MODERNISATION ‎ The Nigerian Air Force (NAF) has taken delivery of five new helicopters as the Federal Government accelerates efforts to modernize Nigeria’s airpower capabilities and strengthen the Armed Forces’ capacity to respond effectively to contemporary security challenges.  ‎ ‎A statement by the Director of Public Relations and Information Air Commodore Ehimen Ejodame indicates that the platforms comprise three AW-109 Trekker B helicopters  and two H-125 helicopters. ‎ The three AW-109s, which form part of 10 recently acquired by the Federal Government, were received in Lagos on 15 September 2026, with the remaining seven expected to be delivered before the end of 2026. ‎ ‎The Chief of the Air Staff, Air Marshal Sunday Aneke, described the acquisition as another significant milestone in the Federal Government’s sustained investment in the modernization and re-equipment of the NAF noting that the new pl...
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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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