07 October, 2015

Ambode Orders Audit Of N418b Lagos Debt Burden

Akinwunmi Ambode, the Governor of Lagos State, has ordered the audit of N418 billion that his government inherited from the previous administration.
Akinwunmi Ambode
The Governor, at the first town hall meeting in Ipaja, yesterday, mentioned that the audit  was necessary to free additional funds for the state to boost on infrastructural development in Lagos. 

Addressing a large audience at the Abesan mini-stadium ground, Abesan, Ipaja, Ambode stated that his administration had a concept to run a lean government with quality service, as a minimum of N3billion is currently saved monthly from his restructuring of Ministries, Departments and Agencies (MDAs) within the state.

He also said that he had commenced series of reforms within the last 3 months, with a comprehensive impact to be felt within the state.

“We are presently reviewing our loans with our bankers with a view to restructuring them in order to free up funds for further infrastructural development,” he said.

Ambode explained that he had started out to implement long-run plans and programmes to place Lagos within the path to turning into a real city-state.




Guardian

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