GOV. SANWO-OLU AT HARVARD: LAGOS IS INVESTORS' DELIGHT.(PHOTOS).#PRESS RELEASE

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 SANWO-OLU AT HARVARD: LAGOS IS INVESTORS' DELIGHT With a GDP of $259b, a 25 million population, four seaports, and friendly government policies, Lagos is an investor’s delight, Governor Babajide Sanwo-Olu has said.  “Lagos is a place where people come in without anything and become somebody. We are a business and commercial powerhouse,” he said on Wednesday.  It was another sales drive for the “State of Aquatic Splendour” at Harvard Business School where Mr. Sanwo-Olu spoke on “Building the Future: Lagos State Infrastructure-led Transformation”. He was a guest in Professor Hakeem Belo-Osagie’s course, “Understanding Africa: Business, Entrepreneurship, Political Economy and the Complexities of a Continent.” Belo-Osagie is a foremost Nigerian investment banker and businessman. For the Governor, it was an opportunity to share “Lagos’ bold vision and the tangible strides we are making in transportation, housing, innovation, and industrial growth”.  The students applaude...

GOV. ORTOM CONFIRMS RECEIPT OF N14.9B PARIS CLUB REFUND.#PRESS RELEASE.

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    Benue State Governor, Samuel Ortom has confirmed receipt of N14.9 billion final tranche of the Paris Club refund from the Federal Government.

Governor Ortom says 80% of the funds will be used for payment of salaries, pensions and gratuities.
The Governor has therefore set up a committee headed by the Deputy Governor, Engineer Benson Abounu to work out modalities for immediate disbursement of the funds.
Also on the committee are the Head of Service, Finance Commissioner, Adviser on Local Government and Chieftaincy Affairs, Adviser on Labour Matters, Chairmen of Nigerian Labour Congress, Trade Union Congress and Nigerian Union of Pensioners, Benue State chapters.
The decision of Governor Ortom to involve key stakeholders in disbursement of the Paris Club refund is in line with his policy of transparency and accountability.
It will be recalled that the Governor similarly made public the receipt and disbursement of the N12.7 billion first tranche and N6.4 billion second tranche of the Paris Club refunds respectively.
Terver Akase
Chief Press Secretary
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