BUHARI, ABBAS, AKUME, OTHERS AMONG AS WIKE REVOKES ALLOCATION OF 762 FCT LANDOWNERS. (PHOTO).

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 𝐁𝐮𝐡𝐚𝐫𝐢, 𝐀𝐛𝐛𝐚𝐬, 𝐀𝐤𝐮𝐦𝐞, 𝐎𝐭𝐡𝐞𝐫𝐬 𝐀𝐦𝐨𝐧𝐠 𝐚𝐬 𝐖𝐢𝐤𝐞 𝐑𝐞𝐯𝐨𝐤𝐞𝐬 𝐀𝐥𝐥𝐨𝐜𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝟕𝟔𝟐 𝐅𝐂𝐓 𝐋𝐚𝐧𝐝𝐨𝐰𝐧𝐞𝐫𝐬 Nyesom Wike, the Minister of the Federal Capital Territory, has revoked the lands allocated to several prominent Nigerians, including former President Muhammadu Buhari, Speaker of the House of Representatives Tajudeen Abbas, and Secretary to the Government of the Federation George Akume, due to non-payment of Certificate of Occupancy fees. Also, 759 other prominent figures and organisations in Maitama II, Abuja. were also affected by the revocation which was for non-payment of Certificate of Occupancy. This was contained in a publication by the FCT Administration and made available to newsmen by the Special Adviser to the FCT Minister, Lere Olayinka. In a separate publication, the minister also threatened to revoke lands belonging to the Minority Leader of the House of Representatives, Kingsley Chinda; former presidents of the Sena...

DANFO: WE'LL KICK-START BUS REFORM INITIATIVE WITH N30BN-AMBODE+GOVT'LL FLOAT N100BN BOND TO DRIVE IMPLEMENTATION.

Image result for ambode                Lagos State Governor,Mr Akinwunmi Ambode at the weekend said thar the proposed Bus Reform Initiative aimed at giving Lagosians an integrated public transportation system would kick start this year with a sinking fund of N30billion.
Governor Ambode,who spoke to journalists,said his administration had identified the challenges Lagosians go through on a daily basis commuting via public transportation,saying the reform was aimed at providing a viable alternative.
He said the Bus Reform Initiative is a three year plan aimed at introducing over 5000 air-conditioned buses to replace the yellow commercial buses,popularly called Danfo,which according to him,was no longer befitting for the State's mega city status.''We decided that the best thing is to allow the yellow buses go and so the Bus Reform Initiative itself is a three-year plan of 2017 to 2019 in which it intends to bring in new buses of 5,000 units in the three year plan.The bigger size buses will take 70 per cent of the total volume which will amount to about 3,600 units and then the longer range in that direction,'' he said.
Speaking on how the Government intends to fund the initiative,the Governor said that his administration would launch a public transportation infrastructure bond of N100billion that would span between seven to 10 years,revealing that the Government already has a sinking fund which it intends to put into the bond.''We refused to touch our money and we believe that the second batch of the refund should be paid next month and eventually that will be N29billion that we will have.I will add another N1billion to it making it N30billion to kick start this initiative.By the time we have N30billion as sinking fund to drive the bus initiative against the bond of N100billion that we want to put into the market,there will be that credibility and credence that the bond will drive itself and that is the whole idea,'' Governor Ambode said.
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