GOV. FASHOLA’S MANY BUSINESS INTERESTS UNCOVERED!

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Lagos State Governor, Babatunde Raji Fashola like many others high powered executives in Nigeria is bleeding the citizens of Lagos dry as the lawyer turned politician is engaged in primitive consumption and accumulation of wealth. And this he is doing either by proxy or bald-faced budget manipulation.


Orijoreporters got the inside scoop on the budget proposals for his office and his kitchen cabinet, prepared by the Office of the Chief of Staff over the years, which highlight how Gov. Raji Fashola has been obtaining huge sums by fraud. In the 2010 and 2011 budget proposals, the governor budgeted N350 million and N385 million respectively for recharge cards for his telephone lines, that of his Chief of Staff, and his Special Assistants. Those monies were also meant for the payment of NEPA Bills, and Water Rates.

Inside sources told orijoreporters that not only that the monies were approved, what was eventually allocated at the end of the years, were far above those figures. The case of other items budgeted for were much the same, including medical care for the governor, his personal assistants, staff, and security personnel where N140 million and N154 million were proposed by the office of the Chief of Staff for both years. It is said that a large chunk of such monies end up in the pockets of Gov. Fashola and his cronies.

Another area that the governor has used to feed his addiction is the area of contracts where over 70 percent of Lagos State government’s contracts, particularly in the construction sector were awarded to his proxy, one Tunji Olowolafe, a trained medical doctor and once a cab driver in London. Tunji’s company, Duex, which has been fronting for Gov. Fashola has cornered the Lagos State Government’s contract market.

A mutually beneficial relationship, the duo recently acquired A.R.M, an asset management company, and pension administrator. They are equally behind Four Point Sheraton Hotel, which is located at Lekki, opposite former Lagos governor, Sen. Bola Ahmed Tinubu’s hotel.

Gov. Fashola’s performance in his first four-year tenure was quite impressive, however, this time around, he has been helping himself to the money in the treasury. His cronies and relations have also benefited from several contracts he facilitated for them. One of them is one Soji who is married to the governor’s younger sister. It is said that Soji recently acquired a choice property at highbrow Allen Avenue, behind the popular Oshopey Plaza from the money he made from Lagos State government.

Also, one of the governor’s cronies recently got the contract to produce the Lagos State brochure for the state’s 45th anniversary, which was held sometime this year, and was paid the sum of N20 million by the state government.

Source(orijoreporters.com)

 

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5 COMMENTS

  1. and so…if its you, Mr saint,can you bath without been in water? the fact that he is performing makes him different from others. what do you want to achieve with your poll him down write-up,i already knew they are all the same, but performance is all i plead for.

  2. THIS COMMENTATOR IS A CLOWN.
    THIS GOV IS PRUDENT AND WHAT YOU SEE BUDGETTED IS NOT ANYTHING TO WRITE HOME ABOUT.
    YOU EXPECT HIM TO BUDGET ONE KOBO FOR MEDICALS OF HIS FAMILY AND AIDS.
    YOU RAE NOT A SERIOUS CHARACTER

  3. ukpakareports u re an agent of darknes, pple like u re the problem of nigeria looking for where their is rooting.

  4. Your article above on Gov. Fashola is full of the reporter’s imaginations and fabrications. Most of the companies mentioned are owned by different people from those mentioned and have nothing with the Gov. or members of his family neither is the hotel associated with Tinubu owned by Tinubu as widely believed. Please always cross-check your information before going to press. This is shameful.

  5. The advent of d internet is really giving opportunities 2 some illiterates 2 turn publishers overnight, and that is d situation that had thrown up a domain such as ureports.com. It is crazy of anyone 2 have written this sort of falsehoods against a man who is doing his utmost best 4 Lagos. Fashola has been able 2 raise d bar when it comes 2 “service delivery under a democracy”. I’m not saying that Fashola is a saint but I’ll not respect a former Governor who becomes a pauper afterwards. That will be crazy.

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