LASG ISSUES TRAFFIC ADVISORY AHEAD OF FANTI CARNIVAL. (PHOTO). #PRESS RELEASE.

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 LASG ISSUES TRAFFIC ADVISORY AHEAD OF FANTI CARNIVAL The Lagos State Government has announced traffic diversions and restrictions ahead of the Lagos Fanti Carnival scheduled to hold on Monday, 6th April, 2026, around Tafawa Balewa Square (TBS), Lagos Island. In a bid to ensure a seamless and hitch-free carnival procession, vehicular movement will be restricted along major adjoining roads linking TBS. Affected Routes are; King George V Road (by Mobil Filling Station), Flag House inbound TBS, Force Road inbound TBS, Onikan Roundabout inbound TBS, and WaterBoy Roundabout by Old Defence House. Additionally, all link roads to Moloney Road, such as Military Road (by Old Defence Building), Ajasa Street, Boyle Street, and Hawley Street, will be closed to traffic during the event. To ease parking challenges, designated car parks have been arranged for public use, these include; the Yoruba Lawn Tennis Club Car Park, Zone 2 Car Park (opposite Island Club along King George V Road), Museum Kit...
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ABIA STATE GOVT REVOKES CERTIFICATE OF OCCUPANCY AND RETAKES POSSESSION OF ABIA HOTELS, UMUAHIA. (PHOTO). #PRESS RELEASE.

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 PUBLIC SERVICE ANNOUNCEMENT:

ABIA STATE GOVERNMENT REVOKES CERTIFICATE OF OCCUPANCY AND RETAKES POSSESSION OF ABIA HOTELS, UMUAHIA.


The Abia State Government has revoked the Certificate of Occupancy and retaken possession of Abia Hotels, Umuahia, from Investment Guarantee Limited, the lessee, due to the company's failure to fulfill the terms and conditions of the Development Lease Agreement signed with the State Government in 2013.


In the development lease agreement, Investment Guarantee Limited committed to upgrade and redevelop the Hotel to a 3-Star Protea Standard Hotel and manage it for 25 years. However, the company has failed to upgrade and redevelop the Hotel to the agreed standards after 12 years and are in breach of other terms and conditions of the development lease agreement with Abia State Government, prompting the State Government to revoke the agreement.


In line with its investment-friendly policies, the Abia State Government offered and paid compensation to Investment Guarantee Limited to cover costs incurred in the development of the hotel complex. The gesture was aimed at supporting the investor and to enable the State Government utilize the facility for its intended purpose.


The Abia State Government remains committed to creating a conducive environment for businesses to thrive while ensuring that the assets of the State are utilized in the best interest of its citizens.


Ctz. UKOHA, NJOKU UKOHA 

Chief Press Secretary to the Executive Governor of Abia State.

November 16th, 2025.

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