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Lagos Financial Outlook Very Positive-Ambode

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Lagos State Governor, Mr Akinwunmi Ambode on Friday commissioned the new digitized central storage facility of the State Treasury Office (STO), saying it was gratifying to note that the financial outlook of the State is very positive.

 

The Governor also commissioned dualised Bisola Durosinmi Etti Road and new Hakeem Dickson Road in Lekki, Eti-Osa. 

 

Speaking in Ikeja at the unveiling of the STO storage facility, a project initiated during his tenure as Accountant General of the State in 2006, Governor Ambode, who was represented by Commissioner for Finance, Mr Akinyemi Ashade said though he would be exiting office in few days time, but his commitment to bring about financial accountability and robust financial base for the State remains unwavering.

 

“Ladies and gentle men, the tenure of our administration is coming to an end in a few days but our commitment to maintaining the financial accountability, transparency and creating a robust financial base in the State is unwavering.

 

“Let me assure you that our State is safe; its finances are secure and the outlook is very positive,” Governor Ambode said.

 

He said aside being in line with the civil service reform embarked upon by his administration, the ultra modern edifice, was also part of the vision to continually innovate and transform the financial processes of the State thereby evolving an improved service culture for the benefits of Lagosians.

 

According to him, “Today is a special day for us because we are writing a new chapter in the success story of public financial management in Lagos State. Today, we are moving from an analogue system to a digital and state-of-the-art platform for storing our critical documents.”

 

Giving details about the facility, Governor Ambode said the edifice was fitted with modern equipment which will convert all physical payment vouchers and supporting documents into electronic form and subsequently stored to aid easy and seamless archiving as well as retrieval of security documents, saying that the transformation would go a long way to ensure that the State’s public financial information management system was in line with leading practices across the world.

 

“By transitioning from manual to electronic system of archiving and retrieving vouchers and other supporting documents, we have demonstrated a commitment to investing in information and communication technology to steer the State on its journey towards a Smart City.

 

“Asides the electronic storage, this complex also houses an ultra modern staff training facility with capacity to accommodate 150 persons for treasury staff in the State Civil Service. With the premium our administration places on regular capacity development, this training facility became imperative and would provide the conducive environment for in-house technical training of finance and account officers which will no doubt enhance the productivity and quality of output as we continue to build the technical capacity of our staff,” Governor Ambode said.

 

Earlier, the Governor commissioned the dualised Bisola Durosinmi Etti/Hakeem Dickson Road, Lekki in Eti-Osa Local Government Area of Lagos, saying that his administration only prioritized renewal and development of road infrastructure but utilised an all inclusive approach that has touched both rural and urban areas in the State.

 

Represented by the Commissioner for Works and Infrastructure, Engr. Ade Akinsanya, the Governor said his administration had given the axis the attention it deserved in terms of infrastructural development considering its proximity with the Lekki Free Trade Zone.

 

“Our passion and focus on this corridor  was anchored on the reality that this axis is the new Lagos and Lekki Phase 1 in particular is the gateway to the biggest free trade zone in the whole of West Africa”

 

“In deciding to upgrade Bisola Durosinmi Etti Drive and Dickson Road, we took cognizance of the need to create additional access to Lekki Phase 1 and improve the traffic along Lekki axis. This I believe will ultimately uplift and add value to the surrounding environment,” he said.

 

He said before the projects commenced, the roads were in bad shape as they were riddled with pot holes which impeded free flow of traffic, adding that it caused the residents a lot of stress with attendant effects on the many business outfits that operate within the area.

 

The Governor expressed appreciation to Lagosians for their prayers and support particularly in the discharge of their civic responsibility through payment of taxes, while urging them to extend the same hand of cooperation to his successor, Mr. Babajide Sanwo-Olu.

 

In his remarks, Chairman of the Lekki Phase 1 Residents Association (LERA), Mr. Kayode Otitoju who spoke on the projects, commended the Governor saying that the road has transformed the axis and upgraded their standard of living.

 

He recalled that it was also during the administration of Governor Ambode that the Freedom Way and Admiralty Way were constructed, adding that the projects were executed with high standard engineering reflecting, durable interlocking stone, good drainage street lights and other modern road infrastructure.

 

“We all knew how the two roads were before now and can see the positive change, which would now be used to manage the corresponding increase in human activities, especially, the high volume of human and vehicular traffic, including commercial activities.

 

“We are grateful for all you have done for us in this community especially the location of the LRU within Lekki to respond to emergencies and the periodic cleaning of shanties by the Lagos State Government Special Task Force on Environment. The evacuation and rehabilitation of juvenile delinquents by the Ministry of Youth and Social Development cannot go unmentioned. 

“On behalf of the Board of Trustees; the Executives and all the residents of Lekki Peninsula Scheme 1, I say thank you and farewell to you, our indefatigable Governor Akinwunmi Ambode,” Otitoju said.

 

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UK Court Acquittal: Diezani Goes Spiritual, Says God Will Always Be God

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Nigeria’s former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, has reacted to her acquittal by a London court after bribery charges brought against her were dismissed.

The Southwark Crown Court in London, United Kingdom, on Wednesday acquitted the former minister of all charges, including five counts of accepting bribes and one count of conspiracy to commit bribery.

Reacting to the judgment, Alison-Madueke expressed relief and said she and her family had endured years of emotional distress over the case.

Speaking to News Central, she said she has remained in the United Kingdom since the legal proceedings began 11 years ago.

She said: “I’m just thankful to God, it’s been arduous, almost 11 years. It’s been traumatic not just for me but for my family, friends, my 93-year-old mother in Port Harcourt and for my son.

“It has been a hard journey, but I tell you this, God will always do as He will. God will be God and God is not a man that He should lie; when He promises you something, He will see it through.

“For almost 11 years I have been here. I did my job to the best of my ability.”

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I Never Saw Report that Led to Natasha’s Suspension, Says Ireti Kingibe

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The lawmaker representing the Federal Capital Territory (FCT), at the Senate, Ireti Kingibe, says she did not see any report that led to the suspension of Kogi Central Senator, Natasha  Akpoti-Uduaghan.

Kingibe made this disclosure on Wednesday when she featured in an interview on Arise Television’s ‘Prime Time’.

She said she was at a retreat with Edo North Senator, Adams Oshiomhole, when she heard about the report.

“I never saw the report that led to Natasha’s suspension. I was at a retreat. I had earlier stated that I was there with three or four other senators who are members of the committee.

“We attended the Committee on Petitions and Public Complaints, signed the attendance register, and I later left for the tax reform retreat, which I considered more important at the time.

“It affects my constituents much more than disciplining a senator, and I figured that the other people who were not part of that committee would take care of it.

“I even complained to other Senators, specifically to Senator Enyinnaya Abaribe. I complained to him very bitterly that I had not seen that report. I didn’t see it then. I have not seen it till now,” she said.

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UK Court Clears Ex-Petroleum Minister Alison-Madueke of All Corruption Charges

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Former Nigerian oil minister Diezani Alison-Madueke was on Wednesday found not guilty ​by a London jury of six bribery charges, after ‌a rare corruption trial of a high-profile former energy official.
Alison-Madueke, minister for petroleum resources between 2010 and 2015 under then-president Goodluck Jonathan, stood trial ​charged with five counts of accepting bribes and a ​charge of conspiracy to commit bribery, which she denied.
Prosecutors ⁠alleged Alison-Madueke, 65, was given “a life of luxury” in London ​from oil and gas industry figures seeking lucrative contracts in Nigeria, ​which has long grappled with mismanagement and corruption.
But the former minister, who was also briefly president of the Organization of the Petroleum Exporting Countries, ​said she never took any bribes and had no real ​influence over the awarding of lucrative government contracts.
After a trial at London’s Southwark ‌Crown ⁠Court, Alison-Madueke was acquitted by a jury of all six charges she faced after more than 46 hours of deliberation.
The not guilty verdicts are a major blow to British authorities, which began their ​investigation into corruption ​allegations against Alison-Madueke ⁠more than a decade ago.
Alison-Madueke stood trial alongside oil industry executive Olatimbo Ayinde, 54, who was ​charged with one count of bribery relating to ​Alison-Madueke ⁠and a separate count of bribery of a foreign public official.
Alison-Madueke’s brother Doye Agama, 69, was charged with conspiracy to commit bribery ⁠with ​his sister relating to payments made to ​Agama’s church.
Both Ayinde and Agama denied the charges against them and were also ​acquitted by the jury.

Source: Reuters

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