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Wednesday , 19 September 2018

Tag Archives: Fed Govt takes over Lagos Trade Fair Complex over N6b debt

Fed Govt takes over Lagos Trade Fair Complex over N6b debt

The Federal Government has finally taken over the Lagos International Trade Fair Complex (LITFC) over alleged breach of agreement by the concessionaire, Aulic Nigeria Limited. At a press conference in Lagos yesterday, the Executive Director/CEO, LITFC Management Board, Mrs. Lucy Ajayi, said the concessionaire breached the agreement by not remitting N6 billion in lease fees to the Federal Government. The ...

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