Lagos Generates N10.2billion In One Year On Land Transactions

The Lagos state government has revealed that it generated the sum of N10.275billion from the land transactions in one year.

Addressing journalists at a ministerial press briefing to mark the 6th anniversary of Governor Babatunde Fashola, in Lagos on Wednesday, the Permanent Secretary Lands Bureau; Mr Hakeem Muri-Okunola said the figure fell short of last year’s earnings as a result of the global financial crises.

Mr Muri-Okunola also used the occasion to warn all those encroaching on government land to desist from such act as government will not hesitate to deal with them.