The Lagos State Government on Friday began the process toward removal of distressed buildings in the Alaba International Market in Ojo Local Government of the state.
The News Agency of Nigeria (NAN) reports that the enforcement team of the Lagos State Building Control Agency (LASBCA) and the Lagos State Task Force embarked on the joint exercise.
The team which went round to re-seal several buildings that had been marked with previous multiple quit seal notices by LASBCA, said the measure was to prevent disaster.
They advised occupants on the need to move out of the structurally defective buildings which they said had become too dangerous for habitation.
A NAN correspondent on the delegation observed that some of the buildings undergoing reconstruction were tilted.
Conducting journalists round, the enforcement director pointed out some storey buildings that were already sinking but being extended with additional floors.
The front row of shops of one of the sinking plazas was beautifully adorned with tiles and other materials while the back was tilted on marshy land.
Some of the traders who spoke with journalists alleged that they had made some payments toward obtaining building approvals before embarking on renovations.
Responding to the situation, the General Manager, Lagos State Building Control Agency (LASBCA), Mr Gbolahan Oki, told journalists that the government was going to demolish it to save lives.
Oki said he usually panicked every time it rained because of the likelihood of any such buildings collapsing to cause mayhem.
He said the government valued the lives of residents which were more precious than the cost of any property.
According to him, the government was taking a proactive step and will demolish about 17 of the buildings which were not part of the 349 widely publicised for demolition.
Just In: Olayemi Cardoso Resumes As Acting CBN Governor
The acting Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso on Friday formally resumed duties at the headquarters of the apex bank in Abuja.
This follows the resignation of Mr. Godwin Emefiele as Governor of the Central Bank of Nigeria (CBN),
Similarly, the Deputy-Governors-Designate have also assumed duty, in acting capacities, sequel to the formal resignation of Mr. Folashodun Shonubi, Mrs. Aishah Ahmad, Mr. Edward Lametek Adamu, and Dr. Kingsley Obiora as Deputy Governors of the CBN.
This development was confirmed in a press statement by the CBN on Friday which was signed by the bank’s Director of Corporate Communications, Isa AbdulMumin.
Naija News recalls President Bola Tinubu on September 15, 2023, appointed Cardoso and the Deputy Governors in acting capacity pending the confirmation by the Nigerian Senate.
Cardoso and the Deputies took the oaths of office at a brief ceremony held at the Bank’s Head Office in Abuja, on Friday.
The new Deputy Governors are:
(1) Mrs. Emem Nnana Usoro
(2) Mr. Muhammad Sani Abdullahi Dattijo
(3) Mr. Philip Ikeazor
(4) Dr. Bala M. Bello
Cardoso is an Economic and Development Policy Advisor, Financial Sector Leader, former Chairman Citi Nigeria and Commissioner for Economic Planning and Budget in Lagos State. He brings over three decades of managerial experience on board.
The acting CBN Governor is an alumnus of Aston University, Birmingham, United Kingdom, where he studied managerial and administrative studies. He also holds a Master’s degree in Public Administration from the Harvard Kennedy School, United States of America
JUST-IN: Tinubu nominates new Ministers for federal ministry of Youth
President Bola Tinubu has approved the nomination of Dr. Jamila Bio Ibrahim to serve as the Minister of Youth, pending her confirmation by the Senate of the Federal Republic of Nigeria.
The President has further approved the nomination of Mr. Ayodele Olawande to serve as the Minister of State for Youth, pending his confirmation by the Senate of the Federal Republic of Nigeria.
Dr. Jamila Bio Ibrahim is a young medical doctor and most recently served as the President of the Progressive Young Women Forum (PYWF). She has also served as the Senior Special Assistant to the Kwara State Governor on Sustainable Development Goals (SDGs).
Mr. Ayodele Olawande is a community development expert and youth leader in the governing All Progressives’ Congress (APC). He most recently served in the Office of the Special Adviser to the President on Innovation from 2019 to 2023.
President Tinubu charges the above-mentioned nominees to ensure that they consistently reflect the dynamism, innovative zeal, and unyielding productivity that are synonymous with the young people of Nigeria as they discharge their duties.
Chief Ajuri Ngelale
Special Adviser to the President
(Media & Publicity)
September 17, 2023
Who is the new CBN Governor? Unveiling Yemi Cardoso: The Citibank Prodigy And Financial Genius Behind Lagos’ Tax Revolution!
In the buzzing financial district of Lagos, Yemi Cardoso’s name is whispered with a mix of respect, admiration, and perhaps a dash of envy. Today, as the entire country turns its eyes towards the Central Bank of Nigeria (CBN), the question on everyone’s lips is, “Who is the new CBN Governor?” We delve into the life and legacy of Yemi Cardoso, the man now at the helm of Nigeria’s financial future.
Born to a modest family, Yemi’s early life gave little indication of the powerhouse he would become. However, a relentless pursuit of education and an intrinsic passion for finance would set him on a meteoric rise. Starting his illustrious banking career with Citibank, Cardoso swiftly climbed the corporate ladder. His innate understanding of banking intricacies and a knack for strategic planning saw him rise to the esteemed position of Vice President. But the ambitious Cardoso didn’t stop there. He took a bold leap, co-founding Citizens International Bank, and for eight defining years, played a pivotal role as an Executive Director.
Yet, banking wasn’t the only domain where Cardoso left an indelible mark. He answered the call of public service, becoming the first Commissioner for Economic Planning and Budget for Lagos State. It was under his visionary leadership that Lagos underwent a pivotal financial reform, developing its own robust independent tax revenues. This wasn’t just a bureaucratic change – it was a revolution that altered the fiscal landscape of Lagos forever.
But who is Yemi Cardoso, the man behind the accolades and achievements? Beyond the corporate meetings and policy discussions, Cardoso has been a vital consultant and policy expert, aligning with major global development giants like the World Bank, UN Habitat, and even the Bill and Melinda Gates foundation. His expertise has shaped policies and development strategies, making him a revered name on global platforms.
Yet, for all his achievements, Cardoso remains grounded. A recipient of several awards, including a coveted honorary Doctorate Degree from Aston University, his alma mater, and the Global Distinguished Alumni award from Citi, he remains deeply connected to his roots. His Masters in Public Administration from the prestigious Harvard Kennedy School, where he was a celebrated Mason Fellow, is a testament to his commitment to public service and excellence.
As Nigeria stands on the cusp of a new financial era, the appointment of Yemi Cardoso as the CBN Governor isn’t just a political move; it’s a statement. A statement that Nigeria is ready to merge global financial strategies with homegrown expertise. With Cardoso steering the ship, the future of Nigeria’s financial landscape certainly seems promising
Education3 weeks ago
Comprehensive List of Courses at University of Ilesa
Economy1 week ago
Abuja MOU: Oyetola rounds off council of ministers’ meeting in Abidjan
General6 days ago
Governor Adeleke Declares Curfew in Orolu & Irepodun LGs
General4 weeks ago
BREAKING: President Tinubu Approves Fresh Appointments [SEE DETAILS]
General2 weeks ago
Atiku to Saraki: Account for 2023 campaign funds”
General3 weeks ago
FULL LIST: Osun APC Expels 84 Members For Anti-party Activities
General4 weeks ago
TikTok star, The Buba Girl reacts after her video trends on social media
General1 week ago
Oluwo tackles Obasanjo for ordering Oyo monarchs to stand