Skip to main content

‘Firm paid N50m for 50-year lease of Falomo plaza’

Lagos State Governor, Mr. Akinwunmi Ambode
The Lagos State Government on Wednesday terminated the concession granted by the Lagos State Development and Property Corporation to Afriland Properties for the redevelopment of the Falomo Shopping Centre, Ikoyi.
A statement by Governor Akinwunmi Ambode’s Chief Press Secretary, Mr. Habib Aruna, said the governor approved the termination of the project based on a recent discovery that the concession was “grossly detrimental to the interests of the people of the state”.

The statement said, “Only N50m was paid by the concessionaire for a 50-year lease of the property belonging to the government.
“The government, as custodian of the interests of Lagosians, is committed to the restructuring of the LSDPC to ensure it begins to provide positive capital returns to the state for the ultimate benefit of the people.”
The statement added that Ambode recently relieved the former Managing Director of the LSDPC, Mr. Biodun Oki, of his appointment and appointed Mr. Jacob Agosu as acting M.D, of the Corporation to stem the tide of negative capital returns of the corporation.
In a related development, the The Nigerian Insurance Association is partnering with the Vehicle Inspection Service in Lagos State.
A statement by the VIS on Wednesday explained that the association had donated 100 auto inspection devices that would fast track the verification of vehicle particulars to eliminate manpower wastage associated with the manual system.
A representative of the association, Mr. Gus Wiggle, said the group decided on the gesture to stamp out forgery associated with vehicle particulars.
Wiggle added that the association would organise a one-day training for Vehicle Inspection Officers on the functions of the device.
The Permanent Secretary, Ministry of Transportation, Mr. Oluseyi Whenu, reiterated the government’s commitment to best practices and continuous partnership with the NIA.
He said, “Motorists are also urged to update their vehicle particulars to keep Lagos traffic moving with pride.”

Post a Comment

Popular posts from this blog

U.S. Military Helicopter Crashes In Iraq On Thursday, Killing 7 People On Board

One of the U.S. military helicopter in Iraq has crashed after hitting a power line in Iraq's western Anbar province, killing all seven personnel aboard.

According to a statement from Pentagon this morning, the officials said the crash of the HH-60 Pave Hawk helicopter occurred Thursday afternoon near the town of Qaim.

"All personnel aboard were killed in the crash," Brig. Gen. Jonathan P. Braga, director of operations, Combined Joint Task Force - Operation Inherent Resolve, said in a statement.

"This tragedy reminds us of the risks our men and women face every day in service of our nations," he said. "We are thinking of the loved ones of these service members today."

The statement further said;

Wife Of Donald Trump Junior Files For Divorce

(Reuters) - The wife of Donald Trump Jr., the eldest son of U.S. President Donald Trump, has filed for divorce in New York, according to court records.

Vanessa Trump, a former model and actress, and Trump Jr. said in a joint statement on Thursday: "After 12 years of marriage, we have decided to go our separate ways."

The statement was provided by the Trump Organization, the president's business empire, which his son helps manage.

Further details were not immediately available on the uncontested divorce filing by Vanessa Trump in a New York state court. She and Trump Jr. have "enormous respect" for each other, according to the joint statement, which also asked for privacy.

Prison Officers Secretly Move Charles Okah To Borno Prisons After Life Sentence

Charles Okah, the brother of the leader of the Movement for the Emancipation of the Niger Delta (MEND), who was given a life sentence for terrorism, has been secretly moved from Kuje Prisons, Abuja, to one of the prison facilities in Borno State, THISDAY has learnt.

Worried about his seeming familiarity with the prison environment and the officers at the Kuje Prisons, the authorities of the Nigerian Prison Service (NPS) last Tuesday transferred him quietly.