₦airaland Forum

olabukola:
What if LSG is dropping the known Tinubu firm for another proxy Tinubu firm?
Don't rejoice first until you know the firm taking over.

Abi o. The more you look the less you see. Chicago wonder.

I wonder if they'll also stop paying the N4.5 billion per month they've been paying to LCC, another arm of the Tinubu Conglomerate, since 3rd August, 2010?

I agree with the posters choices. I think Bart Nnaji will soon have competition in Ngozi Okonjo-Iweala though. I'm waiting for a re-organisation of Customs and Excise to confirm this.

Aganga is totally useless, and he's a fraudster as well.

toba:
smdh. its imperative for Nigerians to read and learn whats right. by virture of section 9 of the Land use act, the Gov of any state is empowered by law to issue a certificate of occupancy to a statutory right of occupancy holder. again by virtue of section 45 of this same obasanjo act, the governor may also delegate such powers of issuance of a c of O to his commissioners. eg that of justice, housing or special duties. it not a must for Fashola to sign all the C of Os i Lagos state. May be he didnt delegate or probably the commissioners are sleeping. smdh once again

And as you shake your dense head, please help us ask why the commissioners are sleeping such that backlogs of C of Os are in the Governors office from as far back as 2 years ago.

Thank you.

Wednesday, October 12, 2011
Investors grumble as Fashola delays C-of-O issuance

Akinpelu Dada and Ronke Badmus


This is not the best of times for subscribers to housing schemes created by the Lagos State Government. The subcribers are grumbling over the delay in signing thousands of ready Certificates of Occupancy by the governor, Mr. Babatunde Fashola.



Governor Babatunde Fashola

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Checks by our correspondents at the state Land Bureau revealed that thousands of applications for the vital land title document, which were processed and sent to the governor for his signature since 2009, had not been returned.

This development, it was gathered, had made the bureau to refrain from forwarding processed files for 2010 and 2011 to the office of the governor.

Anxious applicants are counting their losses as a result of the development because those who want to use their C-of-Os for financial transactions like obtaining loans from financial institutions, and those who want to build houses are unable to do so.

Before building plan approvals can be granted by the government for construction of houses, an applicant must present a valid C-of-O among other criteria.

By the provisions of the Land Use Act of 1978, any individual person or body who wants a piece of land for development purposes, especially in the urban centres, must go through the official channel to obtain plot(s) with the Certificate of Occupancy issued as proof of ownership/leasehold of such land.

By issuing the C-of-O, the government officially transfers the ownership of the land to the applicant for a specified period of time, usually 99 years.

The governor is the sole signatory to C-of-Os on plots of land within government schemes and his inability to process files sent to him on time is frustrating many land-based transactions in the state.

Government schemes are popular with investors in landed property because it is far more secure to lease them than to buy from private owners, who may sell committed government-acquired land to unsuspecting members of the public, or sell the same plot to different buyers.

It was gathered that only few of the processed files sent to the governor since 2009 were returned, with thousands of files processed gathering dust at the Lands Bureau.

An officer at the bureau, who asked not to be named because he was not authorised to speak formally on the matter, told one of our correspondents that the delay in signing the ready C-of-Os had put a lot of pressure on the bureau.

The officer said, "Yes, it is true that we have not been releasing as many C-of-Os as we used to do because his excellency (governor) has not been signing the processed ones sent to him for some reasons. We are just getting back some of the files sent to his office since 2009.

"The situation has made a lot of applicants, who thought we are the ones delaying the issuance of their C-of-Os, to daily throng our office or write petitions demanding to know why their title documents are not released after completing payment for their plots of land."

A senior official of the Bureau explained that Fashola, being a lawyer, usually scrutinised every file sent to him thoroughly. He said that files with queries by the governor were often returned to their point of origin for clarification and for representation at a later date.

"For instance, somebody may buy a land worth N10m from the state government and submit evidence of tax payment that shows that he pays the same tax that petty traders pay. In such a situation, the governor will not sign the C-of-Os until the commensurate tax is paid," the source added.

A lawyer, who was at the bureau to check on the progress of his client's application, told one of our correspondents that officials had been giving him various excuses in the past 18 months as to why the C-of-O had not come out.

However, the Permanent Secretary, Lands Bureau, Mr. Hakeem Muri-Okunola, said it was not true that the governor had not been signing processed C-of-Os sent to him. But he acknowledged that a large volume of applications had not been signed.

He said, "That position is untrue. His Excellency has been signing files but we have a large volume. Also, he recently delegated the signing of C-of-Os to six commissioners, so the outstanding ones will be out before long."

When reminded that the governor actually delegated the commissioners to sign private C-of-Os processed by the Directorate of Land Regularisation, Muri-Okunola said, "Like I said before, that position is not correct. He has been signing. There may be outstanding ones for one query or the other, but it is not correct to say he has not signed any for 2010."



The President, Nigerian Institution of Estate Surveyors and Valuers, Mr. Bode Adediji, said, "I will be surprised if the allegation that there are many C-of-Os that have not been signed in Lagos State to be a very serious matter and I know the governor will take an immediate step to correct it.

"Let us look at it from the simple angle of youth unemployment. The problem we have in Nigeria is that people don't relate certain actions and inactions to much more serious things. If you don't have C-of-O, developers cannot develop, bricklayers and other artisans cannot be employed and if people have businesses that require funding from the banks and C-of-O is not available to serve as collateral security, then that business will be kept in abeyance."

"So, it is important that governors all over the country are sensitised to their obligation of signing and making available C-of-Os for different classes of citizens."

I have no doubt that the said letter was a forgery. Obasanjo tends to write this sort of letter by hand, not typed or printed.

No surprises here anyway, since the newspaper is owned by a renowned master forger. "Bola Tinubu" used to forge American Visas in Ibadan in the 60s and 70s, around Cocoa House. He may have entered the United States himself on a forged visa!

Let the investigation commence, and if they're found liable, let them be charged to court and if found guilty, let the book be thrown at them as a lesson to other lazy, incompetent, conniving Nigerian brown-envelope journalists.

alj_harem:
^^^^^^^^

bros there is nothing to discuss here

I do not know of other ACN gov but fashola is not over hyped

infact he is under hyped

When he's paying the likes of you, Eko-Ile (iragbiji-ile), seanet02 and others here on nairaland to sing his praises, you would say that, wouldn't you?

The man has made a point. Respond to that. N2.5 billion for a 115m off-ramp computes at N25 billion per kilometre ($83 million per kilometre) or N22 million per metre. GRAND THEFT, LARCENY, RABID CORRUPTION AND RAPE are afoot, have been since 1999, and it's getting worse, covered by a thin veneer of co-ordinated and carefully orchestrated media hype.

Fashola is one of the most corrupt Nigerians alive. He's right up there with his gang leader, "Bola Ahmed Tinubu" and James Ibori. He's stolen or permitted to be stolen, far more than ANY other public official in the history of Nigeria. You will find out how bad it is when he leaves office. Mark my words.

Eko Ile:
Unfortunately for you loud mouths, you are only spewing you usual silly NL opinion, you can not manufacture your own facts about this project so shove your dumb opinions until you can prove that you have all the facts relating to this project.

That will not stop the following from applying FULLY to you, in all its ramifications:

djustice:
Eko-Ile o!

For as long as you continue to defend Unclad corruption and theft here on this site or anywhere else at the behest of your paymasters, you will never do well. Your children will partake of the pain being inflicted on Lagos State taxpayers whose children die in pit latrines in Fashola's "world-class" schools with no toilets. You will die of a treatable ailment due to lack of good medicare, despite N45 billion per month in IGR acruable to Lagos State over the last few months. If you use the money you're being paid for the service you're rendering here to buy a car, you will be in a serious accident in that car. If you use it to build a house or buy land, you will only know strife in that property. If you use it to educate your children, they will turn into dregs of the earth before your very eyes. You will suffer a thousand fold what taxpayers in Lagos are suffering due to the theft of their taxes by your paymasters, In the Mighty Name of Jesus! Amen.

Of course, if you're not benefiting illicitly, or are not being paid by the thieves to launder their image hereon, none of these curses will affect you or yours. Opari!

Eko-Ile o!

For as long as you continue to defend naked corruption and theft here on this site or anywhere else at the behest of your paymasters, you will never do well. Your children will partake of the pain being inflicted on Lagos State taxpayers whose children die in pit latrines in Fashola's "world-class" schools with no toilets. You will die of a treatable ailment due to lack of good medicare, despite N45 billion per month in IGR acruable to Lagos State over the last few months. If you use the money you're being paid for the service you're rendering here to buy a car, you will be in a serious accident in that car. If you use it to build a house or buy land, you will only know strife in that property. If you use it to educate your children, they will turn into dregs of the earth before your very eyes. You will suffer a thousand fold what taxpayers in Lagos are suffering due to the theft of their taxes by your paymasters, In the Mighty Name of Jesus! Amen.

Of course, if you're not benefiting illicitly, or are not being paid by the thieves to launder their image hereon, none of these curses will affect you or yours. Opari!

debosky:
This would be correct, provided it was a solely PRIVATE endeavour. However, as it is a partnership, it is as much the business of the taxpayer as it is the business of the shareholders.

This is quite disingenuous - if the company is spending far more than it should on the bridge, it means it will seek to recoup the investment through excessive charges on the public - you can't simply own a bridge without someone paying the cost. Ultimately an unduly expensive bridge costs the taxpayer money.

I know you're probably trying to be polite to Iragbiji-ile, but I will call a spade a spade. He is a certified moooooron. How can he tell us to mind our business, when the government has been paying LCC N150m per day (N4.5 billion per month) every month since August 3rd 2010, from taxpayers funds, on account of this stupidly expensive and unjustifiable "PPP" venture?

Then, of course, they call it a partnership, but despite the fact that we the people have already "contributed" the existing road, which they're now using the fence on it to generate advertising revenue that goes ONLY and EXCLUSIVELY to LCC's pocket (never mind the first P in PPP), we are still paying through the nose for the use of their 4th world road!

Eko-Ile is spiritually dead, just a husk of a man sitting balefully behind his screen, typing moronically on his keyboard, every word and every piece of hateful bile that has been deposited in him through his paymasters' faeces, which is his daily staple.

Don't expect any sense from him.

Aregbesola is a fake Islamic fanatic who helped ACN to rig the elections in Alimosho Federal Constituency. His desperation to hold on to one third of the electorate in Lagos State will eventually be his undoing. His health is already suffering due to the constant unceasing prayers against all obstacles to good governance in Lagos, even though, Yar'Adua style, he keeps denying it.

The IGR of Lagos State is now officially, only officially (it's at least double this in reality), around N45 billion per month. In terms of land mass, Alimosho as a single LGA generates quite a large amount of unofficial IGR, mainly from road transport workers like Okada riders, Keke operators, taxis and buses. This is what Aregbesola is after through control of the elected officials in that LGA.

Furthermore, it gives him access to the Lagos State treasury, because of Fashola's spinelessness and inability to resist the demands of both Aregbesola, who once slapped him at a state exco meeting, and Tinubu, his boss.They will all end up in jail. It's only Fashola I pity, because he can cut himself loose now, and get protection for when he leaves office. If things remain as they are into 2015, he will go to jail once he leaves office, because he can be seen clearly to be collaborating with the looters of state funds, and he's creaming his own off too, through relatively more obscure schemes like the Lagos GIS scheme and his construction company, Plycon Construction.

Eko Ile:
Oloshi. When you are done with your ret-arded rubbish, you still have to attend to the quote below,

Omo-Iya were: Read the bloody thing or is the faeces in your eyes too much You will partake of those pestilences seh, no matter how much abuse you spew here, if you are partaking in the rape of Lagos State, defending those who are building ramps at the cost of N22 million per METRE!!!! ARE SO YOU OUT OF YOUR FREAKING MIND, THAT YOU CAN SEE NO WRONG IN THIS FACT?

This is not manufactured. Fashola himself said it. The ramp cost Lagos State N2.5 billion, and hold the shi-t in your mouth before you open it and start talking about "privately funded", because ultimately, in a roundabout sort of way, Lagos State is still funding it. Tinubu gave LCC our land for free, 1500 hectares of it. They used that land as collateral. Tinubu also gave them $42 million direct from the Lagos State treasury, without revealing it, or telling us when we get our money back and at what rate of interest.

If you can defend that, then you are so far gone, there is no redemption for you. Na shi-t go kill you, and real soon. Tinubu is going down, Fashola will follow in 2015, and so will you.

You will never do well. Your children will partake of the pain being inflicted on Lagos State taxpayers whose children die in pit latrines in Fashola's "world-class" schools with no toilets. You will die of a treatable ailment due to lack of good medicare, despite N45 billion per month in IGR acruable to Lagos State over the last few months. If you use the money you're being paid for the service you're rendering here to buy a car, you will be in a serious accident in that car. If you use it to build a house or buy land, you will only know strife in that property. If you use it to educate your children, they will turn into dregs of the earth before your very eyes. You will suffer a thousand fold what taxpayers in Lagos are suffering due to the theft of their taxes by your paymasters, In the Mighty Name of Jesus! Amen.

Of course, if you're not benefiting illicitly, or are not being paid by the thieves to launder their image hereon, none of these curses will affect you or yours. Opari!

Eko Ile:
You are basically displaying your usual stupidity and farts.

To arrive at any kind of conclusion about any kind of thievery, you should have at least the most basic elements of thievery which is what they stole, how much, who stole and where the money went.  


Until you do just that, you remain just another nuisance running around NL with silly and idiotic charges pulled out of his a.s.s.

What a re-tard,

Look at this mugu!! You think everyone is like you, who has a price - basically a few droplets of cocaine infested sh-it from your oga's yansh

You are no better than a turd if you cannot figure out from all I've written that there is serious corruption afoot in the construction of this bridge, the concessioning of the Lekki-Epe expressway and the development of "Lakowe Lakes". You can make similar allegations about PDP people, but we can't about ACN abi? Look, despite your obvious myopia, the truth is out there, but I don't expect you to go out and find it, since you love shi-t too much. Just keep eating faeces. Idiot. Your boss is going to jail, and as soon as his protege leaves office, he will follow suit. Mark my words. Ode alainironu ero galatia.

The curses I pronounced on Tinubu are beginning to work on him, as his "empire" begins to crumble around him bit by bit. You're a part of that empire, and as the Lord lives, you will crumble too, in the fullness of time. May you die a wretched, unsung death. May all you have acquired from the robbers of our commonwealth turn into ashes before your very eyes. May you partake of EVERY pestilence that afflicts those who have stolen and continue to steal from Lagosians, even as you partake in their stolen money, In Jesus Mighty Name. Amen!!!

Ole buruku. Jankoriko!

Eko Ile:
You really don't have to share with me your favorite food and other people's rectum, that is your own portion in life because obviously, you are very familiar with that part of your existence.


Btw, what's your rubbish got to do with this topic? It's really not always by force to always sound re-tarded and out of focus.

Standard fare from your faeces addled brain ^^^^^^.

However, to focus on the topic at hand, we're saying both your paymasters are thieves. You are not denying it. That's a good start, iragbiji-ile!

Eko Ile:
I'm really not interested in your conjectures and maybes, I just need you to come out and tell us categorically that this project was funded by the Lagos tax payers.

So what you are an engineer on the pages of NL? This mean you are part of the project team and the government of Lagos state? Just what's the meaning of that?

Are you part of the design and financing process?

Are you part of the financing team or banks?

Are you in possession of the financing documents

Do you have the financing terms paperwork?

Stick to what you know and leave your opinion just as opinion which you are entitled to.

Obviously, the ignorance charge is the other way around?

You have never been interested in anything other that the fetid material that proceeds from Fashola and Tinubu's rectums, so no surprises at the bolded. Read my contribution above, if the sh-it in you eyes will let you see it. Eeed-ioott!

bossinie:
@Eko-Ile i am truly surprised at your blatant display of ignorance,however my challenge still stands except you are part of this conspiracy otherwise,then forward this message to them.

God will bless you mightily for your responses to that faeces soaked buffoon. He's too busy sucking up the faeces from Fashola's rectum to know ANYTHING about ANYTHING, except what he's paid to come and tell us here by Fashola and his lover, "Bola Tinubu".

On the subject of who guaranteed the loan, you'd be shocked if I take you a little further by telling you that of the $382m LCC supposedly "borrowed", $42m was taken directly from the coffers of Lagos State Government. Proof:

http://www.ainewswire.com/?p=385

It used to be on Standard Bank of South Africa's website, but they removed it recently, probably due to requests by Bola Tinubu's cronies in LASG and LCC, but thankfully, other newswires copied it verbatim from the Standard Bank website. .

Furthermore, all the loans were collateral backed: 1500 hectares of prime land, taken from the owners, the indigenes of Fowoseje, Iwerekun and other villages in Ibeju-Lekki by Tinubu and dashed to ARM (the main partner in LCC) for free in 2006 by Bola Tinubu. Some of the land is where they're now developing as a golf course and estate called Lakowe Lakes.

How can you then call any project executed by LCC "privately funded"?


Corruption, abuse of office, international conspiracy, local collusion, it's all in there. They should all be in jail, and Eko-Ile should be there with them, snorting their sh-it as usual.

Who told you state funds was spent on the project?

”Of the N50 billion long- term finanacing raised by Lekki Concession Company

Part of the challenge we are bedeviled with as Nigerians is the type you are displaying "self imposed ignorance",since you have an identified defect in realistic deductive reasoning i will help you out.

Where do you think "LCC" got their financing from  Who did you think guaranteed the funds  Or you think you can obtain a loan as small as 1M naira from any Nigeria bank without collateral

In these days of what i call technical financing all you need is a guarantor like any know industrialist,political figure or serving public servant who is in charge of one of the government treasury to stand behind you & Viola!! and the funds you require will be handed over to you.

Btw, you can not spend just 700 mill on that project, you might as well do it for free, y'all need to slow down with rhetorics

Sadly,you are not a builder,a civil or construction engr. definitely not a contractor so posting the above comments portrays your incompetence to discuss such matters with me.

nothing. They're still planning a N2 billion per kilometre expansion to the road. Just one lane on either side. Fashola o ni baje, once he chops Lagos State money finish!!!

I read this on facebook today, and I wept:

Babatunde O. Gbadamosi This is getting more and more ridiculous by the day! If they had to take that bridge to one kilometre, it would have cost nearly N22 billion! What on earth is wrong with Lagosians, and Nigerians in the diaspora? Why is this something that needs to be applauded?? [size=16pt]N22 billion per kilometre for a bridge?[/size] That's $136 million per kilometre, folks!!! Or for the UK people, GBP83.6 million per kilometre. How is this justifiable?

Nymph node:
Fashola had been pumping lagos tax payers money into the development of independent power plant for years so this must be the result. . . GEJ is welcome to lagos for lectures on electrification, beautification, transportation . . . .

Idiocy is a terrible thing, especially when displayed this publicly. So, Fashola, your god, is now the president of Nigeria, so that he's responsible for the improvement in power supply in Bauchi, Oshogbo, etc? Abi?

This credit claiming propaganda system of ACN is sickening. Asiwaju Criminal Network. Don't worry, they have started with your godfather. The breeze has begun to blow, and your yanshes are being exposed small small. Small time now, Fashola too will get his day in court to explain what he's been doing with the over N50b per month revenue that Lagos State has been getting for over 6 months now.

Thieves.

GEJ, carry go joor. Well done sir. More grease to your elbow, if you can see this power matter to its logical conclusion.

Lagos State Taxpayers money at work. Please Pay your tax!!!

Does a man who openly encourages the disobedience of a properly obtained court order deserve to remain a SAN, the highest honour reserved for distinguished legal practitioners?

Fashola should be stripped of his purchased SAN immediately. At least, his immunity from prosecution does not cover that. SAN my foot. He goat!

Da Doctor:
NO BODY. HE IS A CROOK!!!!!

HOW COME HE HAS THESE ACCOUNTS?


•Citibank International New-York Account Name–Bola Tinubu, Account No–52050-89451952 and 52050-89451953
•HSBC, 177 Great Portland Street London, WIW 6QJ. Account Name–Sen. Bola Tinubu, Account No–71253670 SORT Code–40-03-15 • HSBC, 177 Great Portland Street, London, WIW 6QJ. Account Name–Sen. Bola Oluremi Tinubu Account No–1253670 SORT Code–40-03-15 •HSBC, 177 Great Portland Street London, WIW 6OJ.

Account Name–Sen. Bola Tinubu–Money Market Account No–04320002DN. •HSBC, 177 Great Portland Street, London, WIW 6OJ. Account - Tinubu Habibat Oyindamola (Miss) Account No. – 1320960111
• HSBC 177 Great Portland Street, London WIW 60J, Account Name- Tinubu Zainab Abisola (Miss) Account No. – 172447101 •HSBC 177 Great Portland Street London WIW 60JAccount Name- Tinubu Oluremi Shade Account No. – 1916667988, and •HSBC 177 Great Portland Street London WIW 60J Account Name- Oluremi Shade Tinubu Account No. - 41421522

The one in bold has me scratching my head. This may mean his wife will follow him to jail, since this account looks clearly like it was set up for money laundering. Who is Bola Oluremi Tinubu Even in bank documents, he's bearing Bola, which is usually short form for names like Bolanle, Bolaji, Abimbola, Bolarinwa, e.t.c. No real Yoruba person writes their name in short form on official documents. It's usually the full form!

Someone said recently here that Ikorodu is not part of Lagos State. Perhaps they're right. Ikorodu is a massive mess, and NOTHING is happening there. Fashola o ni baje, o baje ti?

Fashola is working. Lagos is stalling.

Is he not an Islamic fanatic that consults marabouts, just like all the Shariaists Him and most of his core supporters are die hard Islamic fanatics, especially Aregbesola.

The security agencies should investigate them all very well. Isn't Ajimobi already talking of borrowing from an Islamic Bank in Saudi Arabia Islamic Banks are known for funding Islamic Extremism and Jihad.

There are several Islamic Skeletons in Tinubu's cupboard. He should be carefully scrutinised.

Now, pay attention, Iragbiji-Ile, and please, please, please, read my post properly this time, I know your brain is slow to comprehend concepts outside of your narrow spectrum of thought, but for once, just exert that solitary brain cell you have, and absorb what you will read, starting, , now:

https://www.nairaland.com/nigeria/topic-762807.0.html

Just persevere, make the effort, click the link above, and hopefully, some light will enter that dark space you call a brain. Ode.

Desola:
ikorodu is ijebu jo! Amosun should take care of it.

Which shit-hole did you just crawl out of, that made you unaware that Ikorodu is in Lagos State? Abeg carry that your ignorant yansh back to Togo or whichever cockroach-infested backwater you slithered out of. Oloshi, olori dota!

Your own matter is a small one. Mind your Peckham ghetto bizness, while we Lagosians deal with ours here. Busy body!

Eko Ile:
Why is it so hard for you to do the same thing and petition the efcc with your facts if you have any and have Fashola and Tinubu locked up instead of running around NL with your mental issues?

I'm not the one sucking faeces out of Tinubu and Fashola's arse. You are. Your mental issues are so bad, Aro Mental Hospital and Yaba Psychiatric Hospital rejected you, hence your current rectum fellating preoccupation.

How do you think Tinubu got summoned to the Code of Conduct Tribunal? By magic Ode, alai ni ironu, ero galatia! Dagini dooro!

That's why state officials are coming out with conflicting figures on Lagos State finances. A few months ago, before Ngozi Okonjo-Iweala resumed duty as the Minister for Finance, Lagos State government officials were lying through their teeth about IGR and the state's finances in general. See below:

http://tribune.com.ng/index.php/news/23635--we-paid-minimun-wage-to-motivate-workers-lagos-govt-denies-claim-its-monthly-igr-is-n20bn

Thursday, 16 June 2011
LAGOS State government said, on Wednesday, its resolve to pay the N18, 000 minimum wage recently prescribed by the Federal Government for Nigerian workers, is based on its belief that governance would be better enhanced with a well-motivated workforce.

The government statement, which was signed by Hakeem Bello, the Senior Special Assistant on media to the state governor, came on the heels of an advertorial by Oyo State government purporting that the Lagos State government has commenced payment of the new minimum wage because it “generates N20 billion internally every month. Therefore, its new wage bill of N5.5 billion is only 25 per cent of its monthly IGR”.

In a statement signed by chairman of Lagos State Internal Revenue Service (LIRS), Mr Tunde Fowler, the government declared, “Our resolve to pay the minimum wage with obvious limitations given the infrastructure and social needs of a state with huge population like Lagos, hinges on our believe that our ability to govern and serve our people can only be enhanced by a well-motivated workforce”.

Describing the advertorial’s reference to Lagos State IGR as “inaccurate”, the state government further stated, “For the records, the internally generated Revenue (IGR) of Lagos State is yet to reach N20 billion per month. It is, therefore, inaccurate to report that Lagos State IGR is N20 billion”.

According to the government, “The 36 states of the federation have different comparative advantages, hence the need to leverage on the unique opportunities that each state is blessed with; Lagos State is determined to empower its workforce. Hence, the payment of the minimum wage of N18,000”.

“This response is to clarify factual inaccuracies above Lagos State government’s internally generated revenue”, the statement said.

After Ngozi Okonjo-Iweala resumed, the agreement they had with Yar'Adua to stop publishing the monthly allocation figures to state and LGs, which continued under Aganga (by agreement with Tinubu, in exchange for Tinubu's support for his renomination as a minister in GEJ's government) was stopped, and for the first time in 4 years, the Federal Allocation figures for the year from January 2011 were published in Thisday Newspaper.

By Monday 22nd August 2011, the song had changed:

http://www.thisdaylive.com/articles/lagos-targets-higher-igr-in-2012/96843/

By Obinna Chima

Lagos State Government said it would ensure that it sustains growth in its Internally General Revenues (IGR) in 2012 fiscal year.

Commissioner for Economic Planning and Budget, Lagos State, Mr. Ben Akabueze, said this while presenting the state’s ‘2012 Fiscal Strategy,’ at a stakeholders’ forum at the weekend.

The forum was aimed at promoting citizens’ participation in budget preparation as well as to highlight the goals and the half year performance of the 2011 Budget.

According to him, the state’s IGR stood at a total of N262.620 billion in the first half of the year, out of the total budget of N450.775 billion for the year.

He added that the government will strengthen its revenue drive. Akabueze also said that the state plans to gradually diversify into areas such as tourism, Information Communication Technology (ICT), oil and gas among others.

“We had planned that by the half year 2011, we would borrow N39.5 billion, but we certainly did not borrow any money by that time. By half year, we still had some surplus fund and so we decided not to borrow. If you look at the budget performance for the half year, you will notice that the personal cost rose significantly to 111.3 per cent, due to increase in salary of the state workforce. The minimum wage increase has increased our minimum wage bill to over N2 billion a month.

“We intend to use the 2012 budget to deepen the goals of job creation, poverty eradication and wealth creation. We also intend to ensure sustained, accelerated, broad-based economic growth with emphasis on increasing investment outside the metropolitan area. The budget will also help to foster a robust enabling environment for investment in infrastructure through Public-Private Partnership (PPP),” the Commissioner said.

He listed the inner city roads; water supply project at Adiyan Phase two and Odanla, new sewage treatment plant at Itedo and Odo Iya-Alaro, and new Independent Power Projects at Somolu, Matori, Alausa, Ikeja, as capital projects the 2012 budget will focus on.

Earlier, in her welcome address, the Special Adviser to the Governor on Economic Planning, Mrs. Iyabowale Aluko reiterated the need for suggestions, observations and contributions by stakeholders on how to enhance the development of the state.

Either Tunji Bello is an illiterate and innumerate, or Akabueze is a liar. Please examine these statements, within months of each other and tell me Fashola is not engaged in some major corruption.

Eko Ile:


We paid minimun wage to motivate workers - Lagos govt •Denies claim its monthly IGR is N20bn

So in June, they were making less than 20 billion and all of a sudden the following month in July, they did abracadabra and made 43 billion.


Yours is just a sad case of inability to read and comprehend. Take your a.s.s back to elementary school.

You will definitely die unsung and be buried in an unmarked grave, that is if dogs don't eat your corpse first. Idiiiiioooooottt! Now, read this link, which I've showed you at least three times now, but you keep pretending to have forgotten it, and tell me if your figure for June could, by any stretch of even YOUR faeces addled imagination, be accurate:

http://www.thisdaylive.com/articles/lagos-targets-higher-igr-in-2012/96843/

By Obinna Chima

Lagos State Government said it would ensure that it sustains growth in its Internally General Revenues (IGR) in 2012 fiscal year.

Commissioner for Economic Planning and Budget, Lagos State, Mr. Ben Akabueze, said this while presenting the state’s ‘2012 Fiscal Strategy,’ at a stakeholders’ forum at the weekend.

[size=16pt]The forum was aimed at promoting citizens’ participation in budget preparation as well as to highlight the goals and the half year performance of the 2011 Budget.

According to him, the state’s IGR stood at a total of N262.620 billion in the first half of the year, out of the total budget of N450.775 billion for the year.
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He added that the government will strengthen its revenue drive. Akabueze also said that the state plans to gradually diversify into areas such as tourism, Information Communication Technology (ICT), oil and gas among others.

“We had planned that by the half year 2011, we would borrow N39.5 billion, but we certainly did not borrow any money by that time. By half year, we still had some surplus fund and so we decided not to borrow. If you look at the budget performance for the half year, you will notice that the personal cost rose significantly to 111.3 per cent, due to increase in salary of the state workforce. The minimum wage increase has increased our minimum wage bill to over N2 billion a month.

“We intend to use the 2012 budget to deepen the goals of job creation, poverty eradication and wealth creation. We also intend to ensure sustained, accelerated, broad-based economic growth with emphasis on increasing investment outside the metropolitan area. The budget will also help to foster a robust enabling environment for investment in infrastructure through Public-Private Partnership (PPP),” the Commissioner said.

He listed the inner city roads; water supply project at

If he were a Godfather nko? What would he be paying him from the state coffers? Abi he would kuku hand over the entire treasury to the man?

Tinubu collects over N6b monthly through Alpha Beta Consulting, being 15% of all the IGR collected by Lagos State (currently standing at around N45b per month, based on figures released by Akabueze last week).

He has also been collecting around N4.5 billion per month through Lekki Concession Company, from the toll gate money paid directly to them from the Lagos State Treasury, per their agreement to pay him if the people or the FG make toll collection impossible.

That's over N10 billion per month from those two scams alone. Only God knows what the earning are from the LASUTH Diagnostic Centre, Critical Care Unit, Pharmacy and Mortuary, as well as all the other schemes Fashola has been protecting for his boss.

He doesn't have a Godfather, my foot!

Yes peace to the people, while you and your godfather continue to eat N150m per day from the project. Fashola Ole.