• Sunday, December 22, 2024
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#EndSARS protest: Losses in Lagos run into billions of naira – Sanwo-Olu

BRT-Terminal-Oyingbo

Hoodlums raze Oyingbo terminus of Lagos BRT

Governor of Lagos State, Babajide Sanwo-Olu says losses recorded in Lagos from the escalated #EndSARS protest will run into billions of naira.

Sanwo-Olu also said the massive destruction witnessed would cause a setback to the state economy while the impact of the destruction would rub negatively on the state 2021 budget, which he added, was getting ready for presentation to Lagosians.

The governor spoke on a live interview monitored on Arise TV in Lagos, Thursday morning, saying that the state government will begin the compilation of public and private properties destroyed by hoodlums with a view to putting a monetary value on them.

According to Sanwo-Olu “destruction in Lagos runs into billions, but we are to a compendium of all of them. We will work to ascertain the monetary in weeks to come. Innocent citizens have lost their properties. Within the 2 -3 days people will have the opportunity to go out and see,” said Sanwo-Olu, who condemned the resort to arson by the rampaging youths.

Some of the properties torched and destroyed in the state in the wake of the protest include Nigeria Port Authority,  Orile police station, the Lekki toll gate, BRT terminal, Oyingbo with several buses set on fire.

Others are Television Continental (TVC), Ketu, VIO, FRSC Office, Ojodu with FRSC branded cars and generators burnt,  palace of Oba of Lagos, Sanwo Olu mother’s house, Surulere, three bank branches, Ajeromi local government secretariat, Lagos-Island local government secretariat, the Nation Newspapers building, among several others.

SENIOR ANALYST - LABOUR/LAGOS STATE

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