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...
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GOV. SANWO-OLU ATTENDS OFFICIAL SIGNING CEREMONY OF LASG SERIES I (100B BOND) AND SERIES II (UP TO 20B SUKUK) TODAY.(PHOTOS).#PRESS RELEASE.

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PGOV SANWO-OLU ATTENDS OFFICIAL SIGNING CEREMONY OF LASG SERIES I (100B BOND) AND SERIES II (UP TO 20B SUKUK) 


AT THE LAGOS HOUSE, ALAUSA, IKEJA, ON TUESDAY, 23RD MAY, 2023


" I am excited to share exciting news that will greatly boost the short and long term development of Lagos. We've raised N134.8 billion in long-tenure bonds, marking another record in accessing capital market funds. 


This investment will fuel key infrastructure projects in sectors such as education, electricity, roads, and agriculture. 


Today, we signed the transaction instruments for the first sets of allotment in the N1 trillion Debt and Hybrid Issuance Programme. This includes a 10-year tenure bond and a shariah-compliant Sukuk. 


With the proceeds from the bond and Sukuk, we'll be executing various projects pre-inspected by the Securities and Exchange Commission. This includes overhauling 33 public schools in Ajegunle, road infrastructure on the Lekki-Epe corridor, drainage works, and more. 


The investments we've secured will not only boost infrastructure development but also stimulate economic growth, create job opportunities, and enhance the quality of life for Lagos residents. 


This successful bond issuance demonstrates Lagos' resilience and the trust investors have in our ability to judiciously deploy funds for development. I want to express my gratitude to the investors who believe in our tremendous potential. 


We remain committed to transparency and disciplined financial decisions as we build a Greater Lagos for generations to come.".


PIX 1166: Lagos State Governor , Mr Babajide Sanwo-Olu (middle), Deputy Governor, Dr Obafemi Hamzat (left) and Commissioner for Finance, Dr Rabiu Olowo (right) during the official signing ceremony of the State Government Series I (100b Bond) and Series II (up to 20b SUKUK) at the Lagos House, Alausa, Ikeja, on Tuesday, 23 May 2023.


PIX 5090 L-R: Lagos State Governor , Mr Babajide Sanwo-Olu; Commissioner for Finance, Dr Rabiu Olowo and committee chairman on Finance, Lagos House of Assembly, Hon Rotimi Olowo  during the official signing ceremony of the State Government Series I (100b Bond) and Series II (up to 20b SUKUK) at the Lagos House, Alausa, Ikeja, on Tuesday, 23 May 2023.


PIX 1243 L-R: Permanent Secretary, Debt Management Office; Lagos State, Mrs Rukayat Alake Sanusi;  Attorney General/Commissioner for Justice, Mr Moyosore Onigbanjo, SAN; Deputy Governor, Dr Obafemi Hamzat; Managing Director, Chapel Hill Denham Advisory, Mrs Kemi Awodein; Governor Babajide Sanwo-Olu; Director, Lotus Financial Services Ltd., Mrs Ajara Adeola; Commissioner for Finance, Dr Rabiu Olowo;  committee chairman on Finance, Lagos House of Assembly, Hon Rotimi Olowo and Commissioner for Economic Planning and Budget, Mr Sam Egube during the official signing ceremony of the State Government Series I (100b Bond) and Series II (up to 20b SUKUK) at the Lagos House, Alausa, Ikeja, on Tuesday, 23 May 2023.


PIX 5092 L-R: Lagos State Attorney General/Commissioner for Justice, Mr Moyosore Onigbanjo, SAN; Deputy Governor, Dr Obafemi Hamzat; Governor Babajide Sanwo-Olu; Commissioner for Finance, Dr Rabiu Olowo and his counterpart for Economic Planning and Budget, Mr Sam Egube during the official signing ceremony of the State Government Series I (100b Bond) and Series II (up to 20b SUKUK) at the Lagos House, Alausa, Ikeja, on Tuesday, 23 May 2023.


PIX 5103 L-R: Lagos State Attorney General/Commissioner for Justice, Mr Moyosore Onigbanjo, SAN; Deputy Governor, Dr Obafemi Hamzat;  Managing Director, Chapel Hill Denham Advisory, Mrs Kemi Awodein; Governor Babajide Sanwo-Olu; Director, Lotus Financial Services Ltd., Mrs Ajara Adeola; Commissioner for Finance, Dr Rabiu Olowo and committee chairman on Finance, Lagos House of Assembly, Hon Rotimi Olowo during the official signing ceremony of the State Government Series I (100b Bond) and Series II (up to 20b SUKUK) at the Lagos House, Alausa, Ikeja, on Tuesday, 23 May 2023.


 


PIX 1330: Lagos State Governor , Mr Babajide Sanwo-Olu, flanked by Deputy Governor, Dr. Obafemi Hamzat (left), Commissioner for Finance, Dr Rabiu Olowo (right) and others during the official signing ceremony of the State Government Series I (100b Bond) and Series II (up to 20b SUKUK) at the Lagos House, Alausa, Ikeja, on Tuesday, 23 May 2023.

More photos below. 





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