Lost assets: Cardoso leads Lagos eight-man rebuild team - Newstrends
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Lost assets: Cardoso leads Lagos eight-man rebuild team

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  • Sanwo-Olu signs executive order

 Fola Raheem

Lagos State Governor Babajide Sanwo-Olu on Wednesday signed an Executive Order for the formation of an eight-man board to coordinate efforts to restore assets lost or damaged in the recent attacks by hoodlums on public and private facilities in the state.

Citibank Nigeria Chairman, Mr. Yemi Cardoso, will head the Board of the Lagos Rebuild Trust Fund. The board members were unveiled at a press conference at the Governor’s Office, Alausa, Ikeja.

A statement by the Lagos State Commissioner for Information and Strategy, Gbenga Omotosho, reported Sanwo-Olu said the government decided to put the destruction behind it and face the huge and necessary task of rebuilding the state.

The government, he said, would be embracing new standards of governance and building stronger partnerships, which would enable the state to bequeath stronger institutions and cohesion among residents.

He spoke of how many friends and admirers of the state had been calling to lend a hand in the rebuilding of the razed assets.

He said, “In the last few weeks, we have been inundated with local and global offers of assistance to rebuild our state and recover all we lost to arson and violence in October. It is obvious that we can no longer wait to begin the onerous task of reconstructing Lagos. In the next few days, our government will be sending a bill to the House of Assembly for the establishment of a Trust Fund to Rebuild Lagos.

“Today, I am signing an Executive Order to set up an eight-man Lagos Rebuild Trust Fund Committee, which will begin to oversee our recovery process. To ensure the highest standards of probity, transparency and accountability, FBN Trustees headed by Mr Kunle Awojobi will oversee the Lagos Rebuild Trust Fund Committee. The Committee will comprise five members from the private sector, two members from the public sector and one member from the International Donor Aid Community.

“We will embrace new standards of governance and build stronger partnerships, stronger people, stronger institutions, and stronger Lagos. Our strength lies in our uncanny ability to overcome the most complicated challenges because we have people who genuinely love Lagos State and will assiduously do all they can to preserve its peace and unity.”

Sanwo-Olu said the trust fund would be responsible for getting detailed cost of restructuring and rebuilding of destroyed assets.

The Funds, he added, will also advise the state government on the most critical assets to prioritise and identify emergency response service critically needed.

The rebuilding plan, the governor said, would be all-inclusive, stressing that the government would welcome support and contributions from well-meaning individuals and corporate organisations who believe in the Lagos dream.

His words: “I believe this is the starting point of a new socio-economic process. I am hopeful that this initiative will help us to seamlessly make the transition to a rebuilt Lagos with upgraded public structures, facilities and amenities. I know that the ashes that presently dot our landscape will birth modern and globally acceptable infrastructure.

“At the centre of this decisive action to rebuild Lagos is the need to closely work with the people and organisations who call Lagos home; those who believe in the Lagos dream, and those who share our collective vision of a mega-city that thrives on peace and unity among all ethnic groups.”

Other members of the Trust Fund’s Board are the Managing Partner, Olaniwun Ajayi LP, Prof. Konyinsola Ajayi, SAN; Chief Executive Officer of Sterling Bank, Mr. Abubakar Suleiman; Co-Founder and CEO, Flutterwave; Mr. Gbenga Agboola; Vice Chairman, Standard Chartered Bank, Mrs. Bola Adesola – all representing the private sector – and a representative of an International Donor Agency.

The Commissioner for Economic Planning and Budget, Mr. Sam Egube, and Permanent Secretary, Ministry of Works and Infrastructure, Engr. Jimi Hotonou, are members of the Board representing the public sector.

As part of the government’s objectives to fully heal the wounds of the crisis, the governor also announced six other committees. They are: Business Continuity Committee; Assessment Committee; Execution, Measurement and Evaluation Committee; Communication and Engagement Committee; Trust Fund Implementation Committee; and Security and Enforcement Committee.

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Tragedy in Nsukka as Six UNN Graduates Reportedly Found Dead After Final Exams

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Tragedy in Nsukka as Six UNN Graduates Reportedly Found Dead After Final Exams
University of Nigeria Nsukka with Professor Kamoru Olayiwola Usman

Tragedy in Nsukka as Six UNN Graduates Reportedly Found Dead After Final Exams

NSUKKA, ENUGU STATE — Tragedy has struck the University of Nigeria, Nsukka (UNN), following reports that six fresh graduates of the institution have been found dead inside an apartment in the Hilltop area of Nsukka, Enugu State.

The victims, reportedly comprising five females and one male, were said to have been discovered lifeless on Thursday morning, barely a day after completing their final examinations.

The incident has thrown the university community into mourning, with students and residents struggling to come to terms with the shocking development.

According to reports, the deceased had recently concluded their academic activities and were said to have participated in sign-out celebrations marking the completion of their studies.

The gathering, which was expected to be a moment of excitement and celebration after years of academic pursuit, reportedly ended in tragedy.

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The circumstances surrounding the deaths remain unclear, as there are conflicting reports about the number of victims and what transpired inside the apartment.

Meanwhile, the Acting Public Relations Officer of the university, Inya Agha Egwu, has acknowledged receiving enquiries about the incident and assured journalists that the university management would issue an official statement.

Efforts to obtain an immediate response from the Enugu State Police Command were reportedly unsuccessful as calls to the Police Public Relations Officer, Daniel Ndukwe, were unanswered.

As of the time of filing this report, the identities of the deceased and the actual cause of their deaths had yet to be officially established.

The tragic development has raised concerns across the university community, with students and residents awaiting further information from the police and university authorities.

Further details will be provided as official statements emerge.

Tragedy in Nsukka as Six UNN Graduates Reportedly Found Dead After Final Exams

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BREAKING: Manchester United Sack Michael Carrick After Disastrous Start to Season

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BREAKING: Manchester United Sack Michael Carrick After Disastrous Start to Season
Michael Carrick

BREAKING: Manchester United Sack Michael Carrick After Disastrous Start to Season

MANCHESTER, England — Manchester United have sacked head coach Michael Carrick with immediate effect following the club’s disastrous start to the 2026/27 season.

The 45-year-old Englishman was reportedly informed of the decision on Thursday morning after the club’s hierarchy concluded that a managerial change was necessary to address the team’s poor performances.

Carrick’s dismissal follows a disappointing run of results that has left Manchester United languishing in 18th position on the Premier League table, with just one victory from their opening 10 league matches.

The decision was reached following discussions involving chief executive Omar Berrada, director of football Jason Wilcox and co-owner Sir Jim Ratcliffe.

Carrick had come under mounting pressure in recent weeks, particularly after Manchester United suffered a humiliating 3-0 defeat to Bournemouth.

Although he was initially given another opportunity to turn the situation around, Sunday’s dramatic 4-4 draw against Aston Villa reportedly proved decisive.

United fought back from a two-goal deficit to rescue a point through two late stoppage-time goals. However, the result extended the club’s disappointing run and left them trapped in the relegation zone.

Meanwhile, former Chelsea and Tottenham Hotspur manager Mauricio Pochettino is expected to take over as Manchester United’s next head coach.

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The Argentine, who currently manages the United States men’s national team, has reportedly reached a verbal agreement in principle with the Old Trafford club.

Manchester United are expected to activate a release clause believed to be worth approximately £7 million to secure his departure from the US national team, where his contract runs until 2030.

The overall compensation could rise if Pochettino brings members of his preferred coaching staff to Old Trafford.

Pochettino previously managed Southampton, Tottenham, Paris Saint-Germain and Chelsea, and is now being linked with a return to the Premier League.

Carrick’s dismissal represents a dramatic turnaround after his impressive performance during the second half of last season.

Appointed in January following the departure of Ruben Amorim, the former Manchester United midfielder guided the club to a third-place Premier League finish and secured qualification for the UEFA Champions League.

However, his success last season could not shield him from the consequences of United’s poor performances this campaign.

Pochettino’s potential first major assignment could be a high-profile Premier League encounter against Liverpool at Anfield on November 22, as Manchester United seek to revive their struggling season.

BREAKING: Manchester United Sack Michael Carrick After Disastrous Start to Season

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Notorious Bandit Kingpin, Kachalla Bello, Killed in Rival Gang Clash in Katsina Forest

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Notorious Bandit Kingpin, Kachalla Bello, Killed in Rival Gang Clash in Katsina Forest

Notorious Bandit Kingpin, Kachalla Bello, Killed in Rival Gang Clash in Katsina Forest

KATSINA STATE – A notorious bandit leader identified as Kachalla Bello has reportedly been killed during a fierce gun battle between rival armed groups in a forest in Faskari Local Government Area of Katsina State.

Bello was reportedly among those killed when rival bandit factions engaged in a deadly confrontation on Tuesday evening, November 10, 2026, amid an apparent struggle for territorial control.

According to local sources and counter-insurgency reports, the clash involved heavy exchanges of gunfire, leaving several fighters dead.

The late bandit leader was reportedly notorious for terrorising farming communities across parts of Katsina State through attacks, abductions and other criminal activities.

Beyond kidnapping for ransom, Bello was accused of subjecting some of his victims to forced labour on farmlands allegedly belonging to him.

Local accounts indicated that he frequently abducted farmers while they were working on their farms and compelled them to work on his farmland before considering their release.

His alleged activities reportedly contributed to insecurity, economic hardship and displacement among residents of affected communities, particularly farmers who depended on agriculture for their livelihoods.

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However, the Katsina State Police Command had yet to officially confirm Bello’s reported death as of the time of filing this report.

The Command’s spokesperson, Abubakar Sadiq-Aliyu, reportedly said he was making efforts to verify the incident and establish the exact location of the alleged confrontation.

He explained that security personnel were working to identify the location of the clash and liaise with the relevant Divisional Police Officers (DPOs) for further investigation.

Meanwhile, security observers have repeatedly identified rivalries and internal disputes among armed criminal groups as factors contributing to violent confrontations within bandit networks operating across Nigeria’s North-West region.

The circumstances surrounding Bello’s reported death, including the number of casualties recorded during the encounter, remain unclear.

Further details are expected as security agencies work to establish what happened.

Notorious Bandit Kingpin, Kachalla Bello, Killed in Rival Gang Clash in Katsina Forest

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