Sanwo-Olu signs Executive Order for’Rebuild Lagos Trust Fund’

By Dayo Badmus

Governor Babajide Sanwo-Olu of Lagos is leading battle to rebuild razed infrastructure in the state.

The Governor on Wednesday signed an Executive Order for the formation of an eight-man Board to coordinate efforts to restore lost assets.

Citibank Nigeria Chairman, Mr. Yemi Cardoso will head the Board of the Lagos Rebuild Trust Fund.

The Board members were unveiled at a Press Conference at the Governor’s Office, Alausa, Ikeja.

Sanwo-Olu said the Government decided to put the criminal destruction behind it and face the huge and necessary task of rebuilding the State.

The Government, he said, would be embracing new standards of governance and building stronger partnerships, which would enable the State to bequeath stronger institutions and cohesion among residents.

He spoke of how many friends and admirers of the State have been calling to lend a hand in rebuilding the razed assets.

He said: “In the last few weeks, we have been inundated with local and global offers of assistance to rebuild our State and recover all we lost to arson and violence in October.

In the next few days, our Government will be sending a bill to the House of Assembly for the establishment of a Trust Fund to Rebuild Lagos.

“Today, I am signing an Executive Order to set up an eight-man Lagos Rebuild Trust Fund Committee, which will begin to oversee our recovery process.

The Committee will comprise five members from the private sector, two members from the public sector and one member from the International Donor Aid Community.