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Lagos State Requires N1 Trillion To Reconstruct Damaged Properties In Lagos- Femi Gbajabiamila
Aftermath of wanton destruction of lives and properties during #EndSARS protests, Speaker of the House of Representatives, Femi Gbajabiamila, has revealed that Lagos State required a minimum of N1 Trillion to reconstruct the wilful extensive damage of properties across the metropolis.
This happened as South West Governors have alleged that there were some elements keenly anxious to annihilate the South West and destroy it common heritage.
Also, the Ministers from South West condemned the violence, saying proper investigation would be conducted to determine the cause of the violence and prevent future occurrence.
They spoke during a commiseration and solidarity visit to Governor Babajide Sanwo-Olu, at Lagos House, Marina, after an the spot assessment of some structures burnt by hoodlums who hijacked the #EndSARS protests last Wednesday and Thursday in Lagos Island.
Gbajabiamila, with some South West Governors such as: Ekiti, Ondo, Oyo, and Lagos States’, Kayode Fayemi, Arakunrin Rotimi Akeredolu, Seyi Makinde, Babajide Sanwo-Olu, respectively, with Ministers from south west such as: Works and Housing, Babatunde Fashola; Interior, Ogbeni Rauf Aregbesola; Mines and industries, Olamilekan Adegbite; Niyi Adebayo, Trade and Investments; and Olorunnibe Mamora, Health, state.
Also the deputy governor of Lagos State, Dr Femi Hamzat, and Nigerian Bar Association President, Olumide Apata, were in attendance.
The team visited the burnt Nigeria Port Authority, NPA, building, Lagos State DNA and Forensic Centre, located in CMS, and the popular Lekki Toll Gate, Admiralty Circle.
Gbajabiamila, speaking with state house correspondents, said,” We stand in solidarity with Lagos state government and the people of the state This is indeed a difficult period. This is not Lagos of our dream. Its indeed very sad.
“I don’t want to take ethnic dimension but I urge us to shut our ears to ethnic conspiracy theory. Nation building is a joint task.”
While commending the northerners from not joining in the violent protests, Gbajabiamila said, “I don’t know where Nigeria will be standing today if the north had been a part of this. that’s why I commend by brothers and sisters from the north.
“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.
“You have fought a good fight, government, National Assembly have listened. Its time to take stock and ensure it never happened again. What has happened has happened.
“However, we want to know what exactly happened at the Lekki Toll Gate. The judicial panel must reveal this. However, I want to encourage Nigerians to allow peace to reign.
“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 must consider the consequences of our actions before embarking on any venture. I therefore, appeal to the youths to allow peace to reign henceforth. I still believe in unity of Nigeria.”
Also in his address, Chairman of the South West Governors, Akeredolu stated, “We are indeed surprised at the extent of damage to lives and properties in Lagos. We will be right to say Lagos was turned into a war zone because what led to this we can.
“We commiserate with the families of victims of violence and slain policemen. We pray God to grant them the fortitude to bear the loss.
”We note with pain and sadness which had spread across our society coming at the heels of vast destruction of properties belonging to the state and notable individuals.
“We commiserate with Oba of Lagos, Rilwanu Akiolu I, with the level of sacrilege committed on the palace. We also condemn in no mistaken terms the vile attack on Asiwaju Bola Ahmed Tinubu and destruction of businesses where he has interest.
“This regression into savagery exposes our land as not only vulnerable, but susceptible to vile manipulations by elements keenly anxious to annihilate the South West and destroy our common heritage. This must be condemned and we condemn it.
“We are deeply concerned with the ease with which public buildings, utilities, police stations and Investment of our people have been burnt despite the proximity of security agencies In those areas.
“We call on the heads of all security agencies to be alive to their obligations to defend the country. We charge the relevant security agencies to investigate all cases of violence with a view to identifying the culprits.
“We are particularly worried that 48 hours, after the unfortunate incident at the Lekki Toll Gate in Lagos by persons in military camouflage there has been no definitive statement from the military authorities on the Incident
“Our anxiety becomes heightened by the categorical denial of the Governor of Lagos State concerning the deployment. No Governor has power to authorize deployment of military personnel in Nigeria.
“We note, with great relief, the confirmation by the Governor that no fatality was recorded at the Lekki Toll Gate incident based on visits to hospitals, mortuaries, both private and public. There were no doubt different levels of injury to persons arising from the incident at the Lekki Toll Gate.
“Consequently, we insist that full investigation be conducted to ascertain the veracity of the news items liberalIy circulated by some local media.
“It is becoming very clear that the conflagration may have been caused by deliberate deployment of weapon of mass confusion” apology to Dr. Ope Banwo. The attendant damage was extensive and massive.
“The selective application of jungle justice raises suspicion as regards the real motive of the arsonists and vandals.
“We use this medium to appeal to the youth, especially those of South West extraction, to be circumspect lest they lend themselves to the evil schemes of those who want to destroy our land.
“The protests started off as genuine, demanding reforms and restitution. The current happenings across the South West, especially Lagos State, have exposed dubiousness and complicity evidencing malice.
“We enjoin our youths to rise up to defend our land and people against the diabolical incursions ravaging our space.
“What do we stand to gain destroying ourselves. We cannot continue to fold Our hands and watch our heritage destroyed and our people suffer.
“We must engage, constructively, all those whose dubious solutions to a social problem is athe descent to anarchy. We appeal to them to ‘CALM DOWN’.
According to Fashola, “We were instructed by the President and Federal Government to express our deep sympathy to the government and people of Lagos State over the tragic events that have played out in the last few days.
“Though, words can not describe the level of lives destroyed and properties. However, we are sure all will be well for this to happen.
“We urge for peace and calm. We urge Nigerians from walks of life, be it Igbo, Hausa to do their businesses without any fear.
“We should therefore, refrain from provocative statements because some people are trying to set us against one another but they will not succeed.”
Earlier, the Chief Judge of Lagos State, Kazeem Alogba has said that all exhibits and files tendered for various cases in the Lagos State High Court are safe and not destroyed when miscreants set the court on fire.
Alogba, revealed this on Sunday, when he received some South West Governors and Ministers who stopped over to have on the spot assessment of the court during a tour of structures burnt by hoodlums who hijacked the #EndSARS protests last Wednesday and Thursday.
Also, while responding to the total number of government’s buildings burnt among others, Commissioner for Information and Strategy, Mr Gbenga Omotoso told Vanguard, “We are still counting. The state is still taking inventories of all that happened and not until all that is concluded we can’t not ascertained for now the total number of burnt structures. But I can’t tell you its very huge.
Vanguard
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Oyo 2027: Adelabu Quits As Power Minister To Focus On Guber Race
The Minister of Power, Adebayo Adelabu has formally resigned from his position in the Federal Government to pursue his governorship ambition in Oyo State.
In a resignation letter dated April 22, 2026, and addressed to the President, Adelabu stated that his resignation will take effect on April 30, 2026, to enable him to focus on his governorship ambition in Oyo State.
The letter, routed through the Office of the Secretary to the Government of the Federation, stated that he was stepping down with “a deep sense of honour and profound gratitude.”
He wrote, “I write with a deep sense of honour and profound gratitude to formally tender my resignation as the Honourable Minister of Power of the Federal Republic of Nigeria. This resignation is to take effect on 30th April 2026, in order to allow sufficient time for a smooth and orderly handover of responsibilities.”
Adelabu thanked the President for the opportunity to serve, describing his appointment as a privilege.
He said, “Your Excellency, I remain sincerely grateful for the privilege and confidence you reposed in me by appointing me to serve our great nation in this capacity.
“It has been a rare honour to contribute to national development under your leadership and to play a role in advancing reforms in the power sector—one of the most critical foundations of Nigeria’s industrial growth and economic transformation.”
The former minister said his resignation was to enable him focus fully on his governorship ambition in Oyo State, citing provisions of the amended electoral law.
He added, “My decision to step down is informed by my intention to focus fully on my gubernatorial ambition in Oyo State. This aspiration, which dates back to 2016 during my service as Deputy Governor of the Central Bank of Nigeria, ultimately led to my voluntary resignation from the Central Bank in 2018 in order to pursue the same goal.”
“In line with the provisions of the Amended Electoral Act 2026, which preclude political office holders from contesting elections, I consider it both appropriate and necessary to resign at this time.”
Adelabu’s exit marks a major political development ahead of the next electoral cycle, particularly in Oyo State, where he is expected to contest the governorship election.
News
Wale Edun, Musa Dangiwa Resigned Voluntarily, Not Sacked – Presidency
The Presidency has clarified that Wale Edun (former Finance Minister) and Ahmed Musa Dangiwa (former Housing Minister) voluntarily resigned from their positions and were not sacked by President Tinubu.
In a statement released this evening April 22, presidential media aide, Bayo Onanuga, said that contrary to public opinions, Wale Edun resigned on health grounds while Dangiwa also tendered his resignation and thanked the President for the opportunity given him to serve in the Federal Executive Council.
Onanuga stated that Edun, who clocked 70 on Monday and has battled recent ill health, fittingly submitted his resignation letter on his birthday, thanking the President for the opportunity to serve Nigeria.
“It has been a pleasure and privilege to serve your administration and the Renewed Hope Agenda, Under your leadership, Nigeria has emerged stronger, more resilient and more internationally respected. I wish you and the administration every success in the future” he wrote
Onanuga stated that on Tuesday, before the Office of the Secretary of the Government of the Federation announced his departure from the Cabinet, Edun paid a valedictory visit to the President at the Villa and held an hour-long discussion with the president and then left to focus on his private businesses.
The presidential aide stated that President Tinubu has expressed deep appreciation to Edun and Dangiwa for their dedicated service and significant contributions to the administration’s economic reform programme and wished them continued success in their future endeavours.
‘’In the same vein, the President has urged the new Minister of Finance, Taiwo Oyedele, to consolidate ongoing reforms and advance the administration’s fiscal and economic objectives with renewed focus, discipline, and innovation.
President Tinubu will shortly send the ministerial nominee for housing, Muttaqha Rabe Darma, also from Katsina, like Dangiwa, to the Senate for confirmation” the statement concluded
News
Unity Bank, Experts Advocate Green Investment, Climate Innovation To Drive Economic Resilience
Nigeria’s retail lender, Unity Bank Plc, alongside leading climate innovation experts, has called for increased investment in the green economy and the adoption of frontier technologies as critical pathways to driving economic resilience and reducing the impact of climate change on vulnerable populations across Africa.
The call was made during a thought-provoking webinar hosted by the Bank to commemorate this year’s Earth Day, themed “The True Cost of Climate Change and Who Pays?”. Climate experts and stakeholders convened to examine the human, economic, and institutional costs of climate change, while spotlighting practical solutions to address its growing impact.
In his opening remarks, Unity Bank’s Head of Strategy and Innovation, Ibukun Coker, emphasised the urgency of addressing climate risks from both a societal and business perspective.
He said: “Climate change is no longer a distant or abstract challenge. It is an existential threat with direct consequences for individuals, businesses, and economies. At Unity Bank, we recognise the role institutions must play in incorporating sustainability in project financing, supporting businesses and promoting solutions that build resilience in communities where we operate.”
The webinar featured Chinwe Udo-Davis, Founder and CEO of Instollar, and Oluwatosin Ajide, Programme Manager at the Nigeria Climate Innovation Centre, both of whom provided insights into the drivers of climate change and the pathways to mitigation and adaptation.
Speaking during the session, Udo-Davis highlighted the disproportionate burden which climate change places on underserved communities and the need for inclusive solutions.
“The true cost of climate change is not evenly distributed. Communities with the least resources are often the most affected, whether through energy poverty, environmental degradation, or limited access to sustainable alternatives. Addressing this imbalance requires intentional investment in clean energy solutions that are both accessible and scalable.”
Ajide underscored the importance of coordinated, system-wide approaches in tackling climate challenges, particularly through innovation and policy alignment.
“Climate change is fundamentally a structural problem, and its solution requires a paradigm shift: from innovation and policy to financing and implementation. Stakeholders must work collaboratively to drive solutions that are sustainable and inclusive.”
The session also explored emerging opportunities in climate technology, renewable energy, and ecosystem financing, reinforcing the role of innovation and cross-sector collaboration in building long-term resilience.
By hosting the webinar, Unity Bank continues to demonstrate its commitment to advancing sustainability-focused dialogue and supporting initiatives that promote responsible growth and environmental stewardship.
The initiative underscores the Bank’s broader strategic focus on environmental sustainability as well as its commitment to financial inclusion.
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