LASVO Initiates Valuation Exercise For LASWA

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Lagos State Valuation Office (LASVO), is set to commence a valuation exercise of Lagos State Waterways Authority (LASWA) Fixed Assets properties statewide.

A statement signed by the Director of LASVO, ESV Adekunle G. Awolaja, said the exercise will be carried out within two days by the Office in collaboration with two Consultants, adding that about eight locations including Terminals, Jetties, Control Rooms and Landings of LASWA are to be assessed.

He explained that the primary objective of the exercise is to identify and locate all Properties, Plants and Equipment (PPE) of LASWA, ascertain their condition, determine their economic worth in monetary terms and proffer recommendations for optimising usage of such assets.

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