According to him, only N50million was paid by the concessionaire, Afriland Properties, for a 50-year lease of the property belonging to the government.
He said the State 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 Government for the ultimate benefit of the people.
It would be recalled that Governor Ambode two months ago, relieved former Managing Director of the LSDPC, Mr. Biodun Oki of his appointment, just as he appointed Mr. Jacob Agosu as Acting CEO of the Corporation, in a bid, according to the statement, to stem the tide of negative capital returns of the corporation. Click to signup for FREE news updates, latest information and hottest gists everyday
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more grease to your elbow oga Ambode we lagosians are watching.
ReplyDeleteMore worrying is the traffic it will bring to that environment that is permanently in a gridlock.
ReplyDeleteJust 50 million paid for a 50 years lease . Pure madness.
ReplyDeleteNiaja for you, everybody wants to start a new project to ve an avenue to steal. Feel sorry for this country even if the project is as useless as Amechi's monorail project let's do it provided we steal money in the name of the project
ReplyDelete