aljharem:
Lagos state government has earned $40 billion plus in revenues between 1999 and now.
The money – less salary and running expenses - was partly shared between Alhaji Bola
Tinubu, and Alhaji Raji Fashola under corporate guise in the worst scam ever in modern
Yoruba history.

Last year, Lagos state floated a loan bond of about 80 billion Naira and got public
investors to subscribe for repayment with interest but once the bond was fully
subscribed, Raji Fashola took 40% of that money - about 35 billion Naira or so
- and handed it over in cash to Bola Tinubu, via a bogus corporate front.

This patently corrupt deal was ostensibly to buy back Lagos state 'concession
rights’ on the Lekki tolled Expressway, according to Raji Fashola. But what the
corrupt and clever by half Raji Fashola did not say is that the land at issue
belongs to Lagos state and was never sold to Bola Tinubu’s company in the first
place. Or did Bola Tinubu’s company invest 35 billion Naira developing the road.

In other words, by sheer fraud, Raji Fashola paid Bola Tinubu 25 years profit upfront
without any further work. A lien was then imposed on Lagos state allocation of
federal revenue for the next three [3] years to pay for this 80 billion Naira
debt by all Lagos residents. This transaction must count as the worst fraud
ever in Yoruba history since Nigeria became independent on October 1, 1960.

In fact, On May 21st, 2014, the Lagos State Commissioner for Finance, Ayodeji Gbeleyi,
confirmed that Lagos state debts, as at May 2014, stood at N435 billion -
including N275 billion in bonds - equivalent to 2.7 billion United States
dollars. Now, discounting monthly interest rates on the commercial portion of
this debt, the gross Lagos state government debt is now equal to all of the
expected federal revenue allocation to Lagos state in the next three and half
years, at $3.7 billion, without equivalent benefits on the ground to show for
it - dollar for dollar.

We are not deceived by flowers and other aesthetics Fashola claimed he has done.

seanet02:
Olofo ni e

djustice:
Olofo in gbogbo iran e! Oo ni s'orire l'aiye a t'orun! Tie ti baje.

djustice:
Olofo in gbogbo iran e! Oo ni s'orire l'aiye a t'orun! Tie ti baje.

aljharem:
Lagos state government has earned $40 billion plus in revenues between 1999 and now.
The money – less salary and running expenses - was partly shared between Alhaji Bola
Tinubu, and Alhaji Raji Fashola under corporate guise in the worst scam ever in modern
Yoruba history.

Last year, Lagos state floated a loan bond of about 80 billion Naira and got public
investors to subscribe for repayment with interest but once the bond was fully
subscribed, Raji Fashola took 40% of that money - about 35 billion Naira or so
- and handed it over in cash to Bola Tinubu, via a bogus corporate front.

This patently corrupt deal was ostensibly to buy back Lagos state 'concession
rights’ on the Lekki tolled Expressway, according to Raji Fashola. But what the
corrupt and clever by half Raji Fashola did not say is that the land at issue
belongs to Lagos state and was never sold to Bola Tinubu’s company in the first
place. Or did Bola Tinubu’s company invest 35 billion Naira developing the road.

In other words, by sheer fraud, Raji Fashola paid Bola Tinubu 25 years profit upfront
without any further work. A lien was then imposed on Lagos state allocation of
federal revenue for the next three [3] years to pay for this 80 billion Naira
debt by all Lagos residents. This transaction must count as the worst fraud
ever in Yoruba history since Nigeria became independent on October 1, 1960.

In fact, On May 21st, 2014, the Lagos State Commissioner for Finance, Ayodeji Gbeleyi,
confirmed that Lagos state debts, as at May 2014, stood at N435 billion -
including N275 billion in bonds - equivalent to 2.7 billion United States
dollars. Now, discounting monthly interest rates on the commercial portion of
this debt, the gross Lagos state government debt is now equal to all of the
expected federal revenue allocation to Lagos state in the next three and half
years, at $3.7 billion, without equivalent benefits on the ground to show for
it - dollar for dollar.

We are not deceived by flowers and other aesthetics Fashola claimed he has done.

ayukdaboss:
40billion dollars?
You can help provide us with source and evidence for your claims else your post is gibberish.

smallJagaban:


THE MONEY HAS BEEN USED TO CREATE AN ENVIRONMENT /GROUND THAT WILL MAKE ALL SOUTH BEASTERNERS IN LAGOS AND UPCOMING GENERATION OF BEASTERNER THAT---WILL FIND THEIR SOLACE IN LAGOS ---- TO LIVE COMFORTABLE

#YOU CAN NOTIFY EFCC ABOUT MONEY

seanet02:
Iya e oni jere. Oloriburuku omo. Ogun lo ma fi eje e we

aljharem:


Sharrrp, so it is not an environment for us but for easterners .

APC and bigotry. It won't work

aljharem:


Ode radarada ni e. Sopono lo ma pa iwo ati jagaban e. Awon oloriburuku

aljharem:


Ode radarada ni e. Sopono lo ma pa iwo ati jagaban e. Awon oloriburuku

aljharem:



Go and read the post again and comprehend

aljharem:
The following are Tinubu's bank accounts with sort code. PLEASE GO AN VERIFY

“Name of Bank – First Heritage Bank, Country Club Hill, Illinois, USA; Account Name, Bola Tinubu, Account Number – 263226700. Name of Bank – Citi Bank NA. New York, USA; Account Name – Bola Tinubu and Compass Finance and investment Company Limited; Account Nos – 39483134, 39483396, 4650279566, 00400220, 39936383. Name of Bank. Citi Bank International, New York; Account Name, Bola Tinubu. Name of Bank – HSBC, 177 Great Portland Street London WIW60J: Account Name Sen Bola Tinubu; Account No. 71253670, Sort code-40-03-15. Name of Bank – HSBC, 177 Great Portland Street London WIW 60J; Account Name; Sen. Bola Oluremi Tinubu, Account No. 71253670, sort code 40-03-15. Name of Bank – HSBC, 177 Great Portland street London WIW 60J Account name, Sen. Bola Tinubu – money market, Account No.04320002DN. Name of Bank – HSBC, 177 Great Portland Street, London WIW 60J; Account name: Tinubu Zainab Abisola (Miss); Account No. 172447101. Name of Bank – HSBC, 177 Great Portland Street, London WIW 60J; Account Name, Tinubu Oluremi Shade, Account No. 41421522.”

aljharem:
Lagos state government has earned $40 billion plus in revenues between 1999 and now.
The money – less salary and running expenses - was partly shared between Alhaji Bola
Tinubu, and Alhaji Raji Fashola under corporate guise in the worst scam ever in modern
Yoruba history.

Last year, Lagos state floated a loan bond of about 80 billion Naira and got public
investors to subscribe for repayment with interest but once the bond was fully
subscribed, Raji Fashola took 40% of that money - about 35 billion Naira or so
- and handed it over in cash to Bola Tinubu, via a bogus corporate front.

This patently corrupt deal was ostensibly to buy back Lagos state 'concession
rights’ on the Lekki tolled Expressway, according to Raji Fashola. But what the
corrupt and clever by half Raji Fashola did not say is that the land at issue
belongs to Lagos state and was never sold to Bola Tinubu’s company in the first
place. Or did Bola Tinubu’s company invest 35 billion Naira developing the road.

In other words, by sheer fraud, Raji Fashola paid Bola Tinubu 25 years profit upfront
without any further work. A lien was then imposed on Lagos state allocation of
federal revenue for the next three [3] years to pay for this 80 billion Naira
debt by all Lagos residents. This transaction must count as the worst fraud
ever in Yoruba history since Nigeria became independent on October 1, 1960.

In fact, On May 21st, 2014, the Lagos State Commissioner for Finance, Ayodeji Gbeleyi,
confirmed that Lagos state debts, as at May 2014, stood at N435 billion -
including N275 billion in bonds - equivalent to 2.7 billion United States
dollars. Now, discounting monthly interest rates on the commercial portion of
this debt, the gross Lagos state government debt is now equal to all of the
expected federal revenue allocation to Lagos state in the next three and half
years, at $3.7 billion, without equivalent benefits on the ground to show for
it - dollar for dollar.

We are not deceived by flowers and other aesthetics Fashola claimed he has done.

aljharem:
Lagos state government has earned $40 billion plus in revenues between 1999 and now.
The money – less salary and running expenses - was partly shared between Alhaji Bola
Tinubu, and Alhaji Raji Fashola under corporate guise in the worst scam ever in modern
Yoruba history.

Last year, Lagos state floated a loan bond of about 80 billion Naira and got public
investors to subscribe for repayment with interest but once the bond was fully
subscribed, Raji Fashola took 40% of that money - about 35 billion Naira or so
- and handed it over in cash to Bola Tinubu, via a bogus corporate front.

This patently corrupt deal was ostensibly to buy back Lagos state 'concession
rights’ on the Lekki tolled Expressway, according to Raji Fashola. But what the
corrupt and clever by half Raji Fashola did not say is that the land at issue
belongs to Lagos state and was never sold to Bola Tinubu’s company in the first
place. Or did Bola Tinubu’s company invest 35 billion Naira developing the road.

In other words, by sheer fraud, Raji Fashola paid Bola Tinubu 25 years profit upfront
without any further work. A lien was then imposed on Lagos state allocation of
federal revenue for the next three [3] years to pay for this 80 billion Naira
debt by all Lagos residents. This transaction must count as the worst fraud
ever in Yoruba history since Nigeria became independent on October 1, 1960.

In fact, On May 21st, 2014, the Lagos State Commissioner for Finance, Ayodeji Gbeleyi,
confirmed that Lagos state debts, as at May 2014, stood at N435 billion -
including N275 billion in bonds - equivalent to 2.7 billion United States
dollars. Now, discounting monthly interest rates on the commercial portion of
this debt, the gross Lagos state government debt is now equal to all of the
expected federal revenue allocation to Lagos state in the next three and half
years, at $3.7 billion, without equivalent benefits on the ground to show for
it - dollar for dollar.

We are not deceived by flowers and other aesthetics Fashola claimed he has done.

Firefire:
A very nice Monday Morning topic for discussion.

From all indication, Lagos State debt profile calls for urgent attention.

The Gearing Ratio of Lagos is in a critical mode.

The government of ACN now APC having ruled Lagos for SIXTEEN YEARS is being run in secrecy without accountability, openness and transparency.

I presume Lagos is mortgaged already.

Lagos been the vocal selling point of ACN/APC is in dear need of a Messiah.

APC Lagos can simply be regarded as wolf in sheep clothing.