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#EndSARS Protests: Lagos Will Need N1trillion For Reconstruction — Femi Gbajabiamila

A minimum of N1trillion is required to reconstruct Lagos State after the destruction that occurred during the #EndSARS protest and the crisis that followed, the Speaker of the House of Representatives, Femi Gbajabiamila, has said.



The speaker disclosed this on Sunday, October 25, during a commiseration and solidarity visit to Governor Babajide Sanwo-Olu, at Lagos House, Marina.




According to Vanguard, the minister said: “The House of Representatives will do all it can to compensate all those who suffered brutality including policemen that lost their lives in the process.




Also whatever the house can do in rebuilding Lagos and other states it will do. We are now in a state of reconstruction. What must be done will be done.


ALSO READ: I WISH I NEVER CREATED SARS IN 1984

I learnt from the governor of Lagos State that it will take N1 Trillion to rebuild what had been lost and asked him whats the budget size of the state he said about N1,Trillion. You can see we are moving backward.




Hence, we …

BREAKING: FG Introduces Stamp Duty On House Rent, C Of O, Others



FG introduces stamp duty on house rent, C Of O, others, bihari administration projects, buhari administration achievements, SD news blog, SD group of companies, breaking news, firs new policy


Nigerians will now be required to pay stamp duty on house rent agreements and Certificate of Occupancy (C of O) in line with a new directive of Federal Inland Revenue Service (FIRS).



Abdullahi Ahmad, a spokesperson for the FIRS made the disclosure in a statement in Abuja on Thursday, July 2, Daily Trust reported.




He advised Nigerians to ensure that documents pertaining to rent or lease agreements for their homes or offices are subjected to authentication with the new FIRS adhesive stamp duty.



Ahmad also said other common business-related transaction instruments should also be subjected to stamp duty.



He pointed out that the new FIRS adhesive stamp duty is necessary in order to give the instruments the force of law and make them legally binding on all parties involved in such transactions.



The spokesperson disclosed that the new FIRS adhesive stamp duty was recently introduced by the government.

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