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Presidency, CBN, NASS, Back Lagos Recovery Effort As Sanwo-Olu Unveils Team

Posted by on November 17, 2020 — Drop A Comment




The Period of brooding over the devastation suffered by Lagos State in the violence that trailed the hijack of the #EndSARS protests is now past.

The recovery effort has begun in earnest, with Governor @jidesanwoolu and the Vice President, @ProfOsinbajo, on Monday, putting the hammer down on the process of rebuilding the lost assets of the State.

An 8-man team, led by the chairman of Citibank Nigeria, Mr. Yemi Cardoso, constituted a fortnight ago by the Governor to coordinate the recovery effort, was formally inaugurated at an event tagged “Consultative Forum on Rebuilding Lagos” held at Adeyemi Bero Auditorium, Alausa.

The Forum was attended by the Speaker, House of Representatives, Rt. Hon. Femi Gbajabiamila, Governor of Central Bank of Nigeria, Mr. Godwin Emefiele, Senator Representing Lagos West, @YAYIAdeola, Chief Judge of Lagos, Hon. Justice Kazeem Alogba and chairman of Dangote Group, Alhaji Aliko Dangote, represented by the group’s Executive Director, Dr. Mansur Ahmed.

Also, captains of industry, members of organised private sector and members of diplomatic corps graced the event aimed at restoring the infrastructure destroyed in the violence.Gov. @jidesanwoolu described the proportion of the devastation suffered by the State as unprecedented, saying the coordinated violence set Lagos economy – fifth largest in Africa – back by hundreds of billions of Naira.

The destruction, the Governor said, tore down the fortress of commerce Lagos built over centuries ago, adding that those who carried out the violence made an attempt to ruin values that stood the State out as centre of creativity and innovation in the country. Sanwo-Olu said the consultative forum was to set the stage for the necessary public-private partnerships and collaborations required for the task of rebuilding and restoration of the infrastructure that was destroyed.

He said: “The violence we witnessed last October is the most widespread carnage the State has seen in decades. Every aspect of life and livelihood in Lagos was affected – government buildings, offices, public monuments and historical archives, public infrastructure and very sadly too, private property and investments.


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