Monthly house rent payment to be enforced – Lagos Govt

The Lagos state government has made it known that it will enforce monthly rental payments. In a recent press briefing, Barakat Odunuga-Bakare, the Special Adviser to the Lagos State Governor on Housing, shared exciting news about the upcoming monthly rental system.

Set to be implemented by the end of 2024 or early next year, this initiative aims to transform the way rent is collected in Lagos.

Barakat emphasized the inspiration drawn from other countries where rent is collected regularly, and the plan is to follow suit. According to her, monthly leasing will be rolled out based on tenants’ earnings, making it more adaptable and fair. The first phase will be a trial run within the public sector, ensuring a smooth operation before extending it to private rentals.

Reassuring the public, Barakat mentioned that the N5 billion allocated for the monthly rental plan remains untouched. She explained that the slow start is a sign of the government’s dedication to perfecting the system, emphasizing that the initiative is progressing steadily despite the challenges. The overall goal is to bring positive changes to the housing sector in Lagos.

She stated, “The previous government that launched the monthly leasing program was about to end when the system was to be implemented. Now that we have a new administration, the governor wants the program to go into action by the end of the year or early next year.”

BRT bus crushes five-year-old to death in Lagos

A Bus Rapid Transit driver, Sunday Bukola, has reportedly crushed a five-year-old simply identified as Malik to death at Palmgroove in the Onipanu area of Lagos State.

We gathered that the incident occurred at about 1:30 pm on Saturday.

According to an eye witness, the driver crushed the victim, his brother, and his mother as they attempted to cross the BRT lane.

“Tinubu disconnected from realities faced by Nigerians daily” – NLC blasts president

The Nigeria Labour Congress (NLC) has strongly criticized President Bola Ahmed Tinubu for his recent comments, accusing him of being disconnected from the daily realities faced by Nigerians.

In response to Tinubu’s remarks during the commissioning of the Lagos railway red line project, where he questioned the moral ground of the organized labour to challenge his administration’s policies, the NLC urged the president to prioritize addressing the ongoing hardships faced by citizens.

The NLC, through its president, Joe Ajaero, expressed deep concern over Tinubu’s focus on partisan issues and future elections rather than the pressing needs of the populace.

Ajaero emphasized that the NLC’s primary objective is advocating for effective governance that prioritizes the welfare and security of all Nigerians rather than seeking political positions.

Ajaero urged Tinubu to redirect his efforts toward fulfilling the fundamental duty of public office, addressing substantive issues under discussion since June 2023, including wage increases, social welfare programs, infrastructure development, and the revitalization of critical sectors like education and healthcare.

Ajaero said: “It is regrettable that the president seems oblivious of the profound hardship endured by millions of Nigerians. The pervasive hunger, unemployment, housing insecurity and escalating cost of basic necessities, such as food and health care, demand immediate attention and decisive action.

“Yet, instead of addressing these pressing concerns, President Tinubu appears preoccupied with political calculations and future electoral prospects.

“The NLC wishes to emphasize that our primary objective is not to vie for political positions, including that of the president; rather, our sole focus is on advocating effective governance that prioritises the welfare and security of all Nigerians.

“We urge President Tinubu to redirect his efforts towards fulfilling this fundamental duty of public office rather than engaging in political rhetoric.

“It is imperative that we refocus our collective energy on addressing the substantive issues that have been the subject of engagement between Labour and the government since June 2023.

“These include critical matters such as wage increases, social welfare programmes, infrastructure development and the revitalisation of key sectors, such as education and health care.

“In any case, to avoid the dissipation of energy, it is important that we focus on the real issues because we have engaged the government since June 2023 after the ‘subsidy is gone’ statement.

Court remands Lagos residents attacked by police officers for ‘playing ludo’

An Ejigbo magistrate court in Lagos has remanded four residents of the state who were attacked by police officers for “gambling”.

On Thursday, some police officers on mufti from the Area P command in Lagos state had stormed a shop in the area to arrest some youths who were playing ludo.

The officers, who were armed with Ak-47 rifles, invaded the area with a yellow commercial bus to arrest the youths, but some residents resisted the arrest, saying the officers were not identifiable and playing ludo was not a criminal offence.

The police officers, however, phoned their colleagues at the Area P command around the Gate bus stop in Ipaja, alleging they were under attack.

A few minutes later, about 15 police officers stormed the area in three yellow commercial buses and attacked the residents with machetes and bottles.

A police officer had broken an empty bottle on a car mechanic’s head. The mechanic, who was repairing a vehicle in his workshop, was carted away with some other residents.

A police officer also hit a lady with a machete on her buttocks.

Four of the residents were, however, released before others were taken to court. A resident who spoke with this reporter said they were released after they parted with N80,000 at the police station.

On Friday, the court remanded the remaining four residents in prison till March 25.

Oyo/Osun Customs declares interception of N1bn fake drugs, others,

The Nigeria Customs Service, Oyo/Osun Area Command, has intercepted sacks of counterfeit pharmaceutical drugs valued at over N1.8 billion.

This was made known by the Customs Area Controller Comptroller Ben Oramalugo during a press briefing at the Command headquarters on Thursday, February 29.

The Nigerian Customs issued a statement on its X handle on Friday, March 1, to make this known.

Part of the statement reads:” The Nigeria Customs Service, Oyo/Osun Area Command, has intercepted sacks of fake Pharmaceutical drugs worth over N1.8billion.

“Customs Area Controller Comptroller Ben Oramalugo disclosed this to reporters during a press briefing at the Command headquarters on Thursday, February 29, 2024.

“Comptroller Ben stated that the Commands anti-smuggling activities have been strategically positioned to ensure the Federal Government’s policy on border closure is totally enforced by preventing the importation of prohibited items harmful to the great citizens of Nigeria. He also expressed the effort to prevent the exportation of essential food resources for individual economic gains by some economic saboteurs.”

BREAKING: CBN revokes operational licenses of 4,173 BDCs over Regulation Failure

The Central Bank of Nigeria, CBN, has revoked the licenses of 4,173 Bureaux De Change Operators.

According to the apex bank, the affected institutions failed to observe regulatory provisions.

These, according to the bank, include payment of all necessary fees, including licence renewal, within the stipulated period in line with Guidelines, rendition of returns in line with the Guidelines, and compliance with guidelines, directives and circulars of the CBN, particularly Anti-Money Laundering (AML), Countering the Financing of Terrorism (CFT) and Counter-Proliferation Financing (CPF) regulations.

This was made known in a statement by Sidi Ali, Hakama, the Acting Director, Corporate Communications.

CBN said the action is in exercise of the powers conferred on it under the Bank and Other Financial Institutions Act (BOFIA) 2020, Act No. 5, and the Revised Operational Guidelines for Bureaux De Change 2015 (the Guidelines).

FX Instability: CBN revokes operational licenses of 4,173 BDCs over Regulation Failure

The Central Bank of Nigeria, CBN, has revoked the licenses of 4,173 Bureaux De Change Operators.

According to the apex bank, the affected institutions failed to observe regulatory provisions.

These, according to the bank, include payment of all necessary fees, including licence renewal, within the stipulated period in line with Guidelines, rendition of returns in line with the Guidelines, and compliance with guidelines, directives and circulars of the CBN, particularly Anti-Money Laundering (AML), Countering the Financing of Terrorism (CFT) and Counter-Proliferation Financing (CPF) regulations.

This was made known in a statement by Sidi Ali, Hakama, the Acting Director, Corporate Communications.

CBN said the action is in exercise of the powers conferred on it under the Bank and Other Financial Institutions Act (BOFIA) 2020, Act No. 5, and the Revised Operational Guidelines for Bureaux De Change 2015 (the Guidelines).

Economic Hardship: Makinde Suspends Tax Collection From Farmers

As part of efforts to increase food production and reduce food inflation in Oyo state, Governor Seyi Makinde has announced the suspension of revenue collection on farm produce for the next six months, instead the collectors would be deployed to the state borders to collect revenue from those who are taking produce out of the State.

Governor Makinde made disclosure during a special food Stakeholders’ meeting held with relevant stakeholders at the Fasola Farms Estate in Oyo West Local Government Area of the state.

The Governor who reeled out various interventions his administration had embarked upon to cushion the effect of subsidy removal, through the Sustainable Action for Economic Recovery (SAfER) initiative, announced some other measures to ameliorate high-cost farm produce in the state.

Among top strategies as announced by Governor Makinde, were the liberalization of the conditions to access the state Agric Loan from the Agricultural Credit Corporation of Oyo State (ACCOS) by the farmers, the release of a sum of Six hundred Million Naira to ACCOS for farmers to clear hectares of land at a subsidized rate of 15 thousand Naira, noting that the six hundred million Naira would be able to clear up to 120,000 hectares of land when fully implemented.

In their various remarks, some stakeholders who lauded Governor Makinde for being sensitive to farmer’s needs, identified farmers-herders’ problem, high cost of herbicides, unavailability of tractors for bush clearing and ploughing, insecurity, among others as the major challenges facing the farmers in the state.

They charged him to liberalize the conditions of getting the Agric loan from the state government.

Tinubu to commission Lagos Red Line rail project today

President Bola Tinubu will, today, inaugurate the Lagos red line train project.

A statement by the Lagos State Commissioner for Information and Strategy, Mr. Gbenga Omotoso, said the train is the first phase of the project, which will run from Agbado, in Ogun State, to Oyingbo, in the heart of Lagos.

Omotoso said: “The train, when fully operational, will run 37 trips and convey about 500,000 passengers daily.
“The commissioning will signal the take-off of another major game changer in the state’s transportation infrastructure.

“It brings to two the rail lines owned and operated by the Lagos State Government. The first, The Blue Line, runs from Marina to Mile 2.

“The first phase of the Red Line has eight stations, namely Agbado, Iju, Agege, Ikeja, Oshodi, Mushin, Yaba and Oyingbo.

“The train will reduce drastically travel time on the corridor, abate stress-induced health challenges and increase the productive capacity of the economy. It will also reduce traffic gridlock and road accidents, and ensure the safety of commuters.

“As part of the inter-modal connectivity of our public transportation infrastructure, the Red Line is integrated with Bus Terminals at Ikeja, Oshodi, Oyingbo, Yaba and Iju.

“To guarantee the safety of commuters and Lagosians, the rail corridor has 10 vehicular overpasses and pedestrian bridges to separate the train from vehicular and pedestrian traffic.”

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