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LCCI Appeals To FG To Assist In Rebuilding Destroyed Lagos Assets

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The Lagos Chamber of Commerce and Industry (LCCI), has appealed to the Federal Government to assist the state government in rebuilding assets destroyed by hoodlums.

Recall that an #EndSARS protest was hijacked by hoodlums who used the opportunity to vandalize and loot both government and private properties.

In a statement released by the LCCI on Monday, October 26, and signed by Toki Mabogunje, President of the LCCI, said that the extent of the damage is yet to be ascertained.

#EndSARS Protest: 80 BRT buses worth N3.9 billion were destroyed by hoodlums - LASG 

Mabogunje revealed that the Federal Government’s support has become necessary in view of the current challenging economic conditions that Lagos State is already grappling with.

She said, “The Federal and Lagos state governments should collaborate to provide support (in the form of grants) to all the victims of the unfortunate outcomes of the protest and the subsequent attacks and destruction of properties and assets.

“Families of all those who lost their loved ones be adequately compensated, urging banks, to which some of the victims were indebted, to demonstrate an uncommon compassion towards them in respect of their indebtedness.”

She also added that this is the time for both corporate and individual citizens to demonstrate a culture of compassion in being ‘our brother’s keeper’ by supporting victims of the unfortunate incident.

“We note the setting up of the Judicial Panels of Inquiry in various states to investigate the circumstances that led to this unfortunate incidence with a view to avoiding a repeat of such occurrences in the future,” Mabogunje added.

Recall that the House of Representatives Speaker, Femi Gbajabiamila, had stated that the state needs N1 trillion to rebuild destroyed properties

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