Governor Babajide Sanwo-Olu has surprised Lagosians by announcing that his administration secured N134.8 billion through long-tenure bonds.
According to his statement on Tuesday, the governor said the bond is the transaction instrument for the first sets of allotments in the N1 trillion debt and hybrid issuance program.
Mr. Governor also revealed that his government would execute various projects pre-inspected by the Securities and Exchange Commission with proceeds from the bond and sukuk.
Good news for Lagosians
In addition, he emphasized that the investments would help in boosting infrastructure development in the state and would as well stimulate economic growth.
Furthermore, Babajide Sanwo-Olu also said the investment would create job opportunities and enhance the quality of life of Lagosians.
The governor in his words added that some of his planned projects in Lagos include refurbishing 33 public schools in Ajegunle, road infrastructure on the Lekki-Epe corridor, drainage works, and more.
Reactions: Sanwo is working. Lagos is working
Many netizens reacted to the post controversially. Some other netizens point out other areas in Lagos that need government touch. See reactions below:
@wale_omoiya: Sanwoolu is working. Lagos is working
@GiftOdezugo: Carry your good news and go far away
@CroBender: So wetin you dey use all the IGR you dey gloat about for if you dey borrow money to renovate primary school?
@simpleman7: Thanks for always making us proud @jidesanwoolu
@Sadiq_ibra: Also, the Badagry -Owode road should be fixed in order to reduce the suffering of commuting on the road by both teachers and students.
READ ALSO: Fake love everywhere: Daniel Regha attacks Sanwo Olu, Tiwa on behalf of Hilda Baci
Governor Sanwo-Olu meets with ChatGpt founders
Meanwhile, Lagos state governor, Babajide Sanwo-Olu on the 19th of May, 2023 met with the CEO of OpenAI, Mr. Sam Altman, and other young tech entrepreneurs.
The meeting was held at the United States Consul General, Will Stevens’ residence. There, the governor and the bodies discussed the progress and better ways to improve the stress-saving tech tool, ChatGPT
Meanwhile, Open Al is an Artificial Intelligence tool, built to assist and empower individuals in different areas of life from healthcare to education, business, politics, law, etc.
Recommended posts:
Well done: Governor Sanwo-Olu meets with ChatGpt founders
We are proud! – Sanwo-Olu visits Hilda Baci as she attempts to break Guinness Book of Record for the longest cooking time
“Bad Belle”: Nigerians drag Liberian man who said Hilda Baci would not get certification from Guinness World Record
“We will be supporting Hilda Baci’s local travels for 1 year” – Dana Air reveals
