The Lagos State Governor, Babajide Sanwo-Olu, on Friday, November 6, 2020, met with President Muhammadu Buhari at the Aso Rock Villa, where he presented a report on properties damaged by hoodlums in Lagos.
It was gathered that buildings in Lagos were torched on Wednesday, October 21, and sporadic clashes erupted after the shooting of peaceful #EndSARS protesters by security forces at the Lekki toll gate.
The Speaker of the House of Representatives, Femi Gbajabiamila, said Sanwo-Olu told him the state would need N1trn for reconstruction in the aftermath of the destruction caused by hoodlums who hijacked the #EndSARS protests while the Lagos Chamber of Commerce said, in a statement, that estimated economic losses during the #EndSARS protests were at N700 billion.
The Governor had established the Lagos State Rebuilding Trust Fund and set up an eight-man Board to coordinate efforts to restore lost assets.
He said the trust fund would look into rebuilding the state after suspected hoodlums destroyed public and private facilities in the state.
The Presidency tweeted:
President @MBuhari this afternoon met with Governor @jidesanwoolu of Lagos. The Governor presented a Report on the extent of the destruction suffered by Lagos State in the aftermath of the ENDSARS protests. #AsoVillaToday pic.twitter.com/Fgp4q2KzZI
— Presidency Nigeria (@NGRPresident) November 6, 2020