I find this reliance on this local Enugu man for information on the high and mighty of Nigeria's Lagos rather intriguing. However, Mr Ehix, I will oblige you as a member of the #ebeanoFAM ππ #Chimaroke #ebeanoCONTINUA #ebeanoDOINGS #ebeano #ebeanoNADEMDRUSME #ebeanoSTANDYG
https://twitter.com/ehix07/status/1591372972627210240
When he took office in 1999, #citi_BOY Asiwaju Bola Ahmed Tinubu's administration in Lagos State, encountered a variety of never-before-seen challenges.
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These issues included severe lack of infrastructure, widespread poverty and socioeconomic problems, a high prevalence of crime and unemployment, inadequate institutional capacity, and a burgeoning population.
These issues included severe lack of infrastructure, widespread poverty and socioeconomic problems, a high prevalence of crime and unemployment, inadequate institutional capacity, and a burgeoning population.
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While Lagos State was held hostage by criminals in 1999, my state and many other states had to contend with locally specific insecurity.
While Lagos State was held hostage by criminals in 1999, my state and many other states had to contend with locally specific insecurity.
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We were kept hostage by cult activity in Enugu State, which forced us to relocate our campus then in Enugu Metropolis to her Permanent site away from the city, as well as increase our security measures.
We were kept hostage by cult activity in Enugu State, which forced us to relocate our campus then in Enugu Metropolis to her Permanent site away from the city, as well as increase our security measures.
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I recall dangerous elements in Lagos who were so brazen that Brigadier General Mohammed Buba Marwa, Tinubu's predecessor as governor of Lagos State, came perilously close to being shot dead in broad daylight.
I recall dangerous elements in Lagos who were so brazen that Brigadier General Mohammed Buba Marwa, Tinubu's predecessor as governor of Lagos State, came perilously close to being shot dead in broad daylight.
"In February 1998, Buba Marwa said on Nigerian state radio and television that unknown persons were again trying to assassinate him, and that he and his entourage had been the target of several bomb attacks starting in 1996. He said that he would not be intimidated"
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Taking on multiple security concerns, making judicial reforms, and delivering high-quality healthcare and educational system, led to the economic success Lagos state, other states and Nigeria at large experienced starting in 1999.
Taking on multiple security concerns, making judicial reforms, and delivering high-quality healthcare and educational system, led to the economic success Lagos state, other states and Nigeria at large experienced starting in 1999.
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A state with such low ranking in the ease of doing business due to weak judicial and public finance policies, insecurity, a subpar health care system, and an inadequate educational system would never be attractive to any investor, local or foreign.
A state with such low ranking in the ease of doing business due to weak judicial and public finance policies, insecurity, a subpar health care system, and an inadequate educational system would never be attractive to any investor, local or foreign.
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The TWG (Transition Working Group) in Lagos set up by BAT devised recommendations to improve the state of Lagos's economic outlook, including the creation of a Ministry of Economic Planning and Budget, the development of the Lagos Economic Summit,
The TWG (Transition Working Group) in Lagos set up by BAT devised recommendations to improve the state of Lagos's economic outlook, including the creation of a Ministry of Economic Planning and Budget, the development of the Lagos Economic Summit,
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the endorsement of the public-private partnership, and effective management of the state's existing infrastructure.
It was evident that significant financial engineering was needed to meet the high expectations of the populace and the massive barriers identified by the TWG.
the endorsement of the public-private partnership, and effective management of the state's existing infrastructure.
It was evident that significant financial engineering was needed to meet the high expectations of the populace and the massive barriers identified by the TWG.
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To lead the paradigm shift, Mr. Olayemi Cardoso, a successful banker, was appointed as the first commissioner for economic planning. The most basic public finance reforms in Nigerian history were started by the group led by the duo of Mr. Wale Edun and Mr. Olayemi Cardoso.
To lead the paradigm shift, Mr. Olayemi Cardoso, a successful banker, was appointed as the first commissioner for economic planning. The most basic public finance reforms in Nigerian history were started by the group led by the duo of Mr. Wale Edun and Mr. Olayemi Cardoso.
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Among the systems employed by their team were some of the following:
The previous Board of Internal Revenue was reformed and changed into Lagos State Internal Revenue Services to ensure independence and efficacy.
Among the systems employed by their team were some of the following:
The previous Board of Internal Revenue was reformed and changed into Lagos State Internal Revenue Services to ensure independence and efficacy.
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Other initiatives include Administration Reforms and the use of a capital market tool, like the N15 billion Floating Rate Redeemable bond raised in 2002, for infrastructure development.
The government launched the Lagos Economic Advancement Programme (LEAP) in 2003.
Other initiatives include Administration Reforms and the use of a capital market tool, like the N15 billion Floating Rate Redeemable bond raised in 2002, for infrastructure development.
The government launched the Lagos Economic Advancement Programme (LEAP) in 2003.
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The Ten Point Agenda were basically suggestions and plans for moving Lagos State toward a more sustainable development program.The TPA served as the cornerstone of the State's development objectives and gave direction for important strategic projects.
The Ten Point Agenda were basically suggestions and plans for moving Lagos State toward a more sustainable development program.The TPA served as the cornerstone of the State's development objectives and gave direction for important strategic projects.
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The Lagos state budget expanded dramatically owing to what Bola Tinubu called "financial engineering," rising from N14.2 billion in 1999 to N274.8 billion in 2007, or a compound annual growth rate of 44.8%, based only on internally generated revenue.
The Lagos state budget expanded dramatically owing to what Bola Tinubu called "financial engineering," rising from N14.2 billion in 1999 to N274.8 billion in 2007, or a compound annual growth rate of 44.8%, based only on internally generated revenue.
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Until now, Nigeria has not experienced a faster rate of social and economic growth.
Due to this, Lagos State was able to significantly spend in the areas of infrastructure, health, and education that as previously discussed.
Until now, Nigeria has not experienced a faster rate of social and economic growth.
Due to this, Lagos State was able to significantly spend in the areas of infrastructure, health, and education that as previously discussed.
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This helped the state achieve its stated goal of "Poverty Eradication and Sustainable Economic Growth."
That is why Lagos state has remained a 'go to destination' to do business, amass wealth and thrive.
Go and verify or rather #verified
This helped the state achieve its stated goal of "Poverty Eradication and Sustainable Economic Growth."
That is why Lagos state has remained a 'go to destination' to do business, amass wealth and thrive.
Go and verify or rather #verified
To God be the glory 
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