The Vice President Yemi Osinbajo on Monday launched the
Rebuilding Lagos Trust Fund.
It was established after the violence and destruction that
trailed the End SARS protest.
Citibank Nigeria Chairman, Yemi Cardoso heads the
eight-member Board.
Governor Babajide Sanwo-Olu constituted the team early
this month. He also signed an Executive Order to restore lost assets.
The Trust Fund will oversee the government’s recovery
process. For transparency, FBN Trustees headed by Kunle Awojobi will oversee
the body, the Vice President said.
It will comprise five members from the private sector, two
members from the public sector and one member from the international aid
community.
The Trust Fund will get a detailed cost of restructuring
and rebuilding of destroyed assets.
The team will also advise the state on the most critical
assets to prioritise and identify emergency response service critically needed.
Source: Daily Posy NG
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