Ambode clarifies N500b bond approved by state assembly…Says Only N60bn Accessible For Y2016..Lauds Lagos Lawmakers

This is a press statement... Lagos State Governor, Mr. Akinwunmi Ambode on Wednesday clarified the N500bn Bond Programme approved by the State House of Assembly, saying that the Bond was a pool fund that would span over a period of time and not just for the current Appropriation year. The Governor, who spoke to journalists in Abuja, said that it was pertinent to clarify the Bond Programme as it had been technically misrepresented in some section of the media. Explaining the modalities of the Bond Programme, Governor Ambode said that the State, since 2007, has had two Bond Issuanc... more »