PRESIDENT TINUBU CONGRATULATES MINISTER OF STATE FOR FOREIGN AFFAIRS AMBASSADOR ENIKANOLAIYE ON HIS BIRTHDAY. (PHOTO).

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 PRESIDENT TINUBU CONGRATULATES MINISTER OF STATE FOR FOREIGN AFFAIRS AMBASSADOR ENIKANOLAIYE ON HIS BIRTHDAY   President Bola Tinubu has congratulated the Minister of State for Foreign Affairs, Ambassador Sola Enikanolaiye, on his birthday.    A statement by Bayo Onanuga, Special Adviser to the President, Information and Strategy, indicates that the President describes Ambassador Enikanolaiye as a distinguished diplomat, accomplished administrator and dedicated public servant whose career reflects professionalism, patriotism and a deep commitment to Nigeria.   Ambassador Enikanolaiye served in the Ministry of Foreign Affairs from August 1982 to August 2017, rising through the ranks to become Permanent Secretary. He later served as Senior Special Assistant to the President on Foreign Affairs and International Relations before he was appointed Minister of State for Foreign Affairs.   President Tinubu commends the celebrant’s significant contributions to Nige...
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LAGOS DMO INSPECTS BLUE RAIL LINE PROJECT.(PHOTO).#PRESS RELEASE.

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LAGOS DMO INSPECTS BLUE RAIL LINE PROJECT


The Permanent Secretary, Debt Management Office, Mrs. Rukayat Alake Sanusi, has inspected the progress of work on the Blue Rail Line project in anticipation of a visit by the members of the Securities and Exchange Commission (SEC) and the Trustees.

Speaking during the inspection tour, Mrs. Sanusi said the project, initially funded with Bonds, was further funded with the Central Bank of Nigeria (CBN) Intervention Programme and Real Sector Support Facility Differentiated Cash Reserve Requirement (RSSF-DCRR) for the financing of the Blue as well as the Red Line Rail Projects.

Her words: “Although the project was at inception funded with Bonds issued by Lagos State. The innovative financing option was used by Lagos State to kickstart the Lagos Rail Mass Transit, a major component of the Lagos State Strategic Master Plan (STMP). The facility was obtained at a single-digit concessionary loan for a 10-Year tenor. Lagos State was the first Sub-National to access this lending window”, the Permanent Secretary stated. 

Mrs. Sanusi also expressed satisfaction with the progress of work done so far on the project, maintaining that the project will be delivered on schedule.
 

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