Ekiti State To Revoke C Of O Of Undeveloped Lands

Ekiti State to revoke C of O of undeveloped lands

Ekiti State Governor, Dr. Kayode Fayemi, has given a directive for the revocation and reallocation of the Certificate of Occupancy (C of O) of all lands that have not been developed three years after allocation. Fayemi, according to Executive Order 008, stated that “For this purpose, the erection of a fence around the property does not constitute development.” In the Executive Order made available to journalists in Ado Ekiti by the Commissioner for Justice, Mr. Olawale Fapohunda, the governor also directed the Bureau of Lands to “give a 30-day full…

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Benue Govt Begs FG To Compensate Victims Of Herdsmens’ Attacks

Benue govt begs FG to compensate victims of herdsmens’ attacks

The Benue State government has appealed to the Federal Government to compensate states that have been ravaged by herdsmen and armed bandits attacks with a view to ameliorating the plight of direct victims of these attacks. Senior Special Assistant to Governor Samuel Ortom on Animal Husbandry, Alhaji Shehu Tambaya, made the appeal against the backdrop of plans by the Federal Government to compensate those who were victimized by the disbanded Special Anti Robbery Squad (SARS). Tambaya noted that while it was very reasonable to compensate SARS victims, there was a need…

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Nigeria Economy Slides Into Recession As GDP Records Negative Growth

Nigeria economy slides into recession as GDP records negative growth

The Nigerian economy slid into recession in the third quarter of 2020 as the National Bureau of Statistics (NBS) announced today that the nation’s Gross Domestic Product (GDP) recorded negative growth of 3.62 percent. The release from the NBS shows that Nigeria has officially recorded a second recession in five years as the GDP contracted for the second consecutive quarter. Haven recorded a 6.10 percent contraction in the second quarter of 2020. It is the nation’s second recession since 2016, and the worst economic decline in almost four decades. The…

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Nigeria To Resume Fuel Imports From Niger Republic

Nigeria to resume fuel imports from Niger Republic

Nigeria, Africa’s biggest oil producer, is set to resume the importation of petroleum products from a neighboring country, the Niger Republic. The Ministry of Petroleum Resources announced on Thursday in a statement that the two countries signed a Memorandum of Understanding Thursday for petroleum products transportation and storage. According to the statement, Niger Republic’s Soraz Refinery in Zinder, some 260km from the Nigerian border, has an installed refining capacity of 20,000 barrels per day. “Niger’s total domestic requirement is about 5,000bpd, thus leaving a huge surplus of about 15,000 BPD,…

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PMB Signs Banks And Other Financial Institutions Act 2020 Into Law

Buhari gets call to stop borrowing plan from dormant accounts, unclaimed dividends

The President, Muhammadu Buhari, has signed the new Banks and Other Financial Institutions Act 2020 into law. This was disclosed by the Senior Special Assistant to the President on Media and Publicity, Garba Shehu,  in a statement titled “President Buhari assents to Banks and Other Financial Institutions Act 2020″. According to the statement, the new law which was signed by the president on Thursday repeals the extant Banks and Other Financial Institutions Act 1991 as amended. The statement read, “The BOFI Act 2020 updates the enabling law in response to…

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Lagos Police Commissioner Warns Cops Against Absence From Duty

Lagos Police Commissioner Warns Cops Against Absence Fom Duty

The Lagos State Commissioner of Police, Hakeem Odumosu, has said that the command will not condone policemen absconding from duty, directing senior officers to declare cops indulging in such act deserters. Odumosu, during a general security meeting with divisional police officers, area commanders, and heads of department in Ikeja, also said policemen who have been indolent after the #EndSARS violence that wreaked havoc in Lagos State would be dealt with accordingly. The CP in a statement by the command’s spokesperson, Muyiwa Adejobi, said there was the need for policemen and…

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#EndSARS: We Don’t Have Enough Evidence To Prosecute 33 Indicted SARS Operatives – AGF

#EndSARS: We don’t have enough evidence to prosecute 33 indicted SARS operatives – AGF

The Office of the Attorney-General of the Federation (AGF) has said there was insufficient evidence to prosecute the 33 operatives of the disbanded Special Anti-Robbery Squad (SARS) indicted in last year’s report of a Presidential Investigative Panel. The AGF’s office has therefore asked the Inspector-General of Police, Mr. Mohammed Adamu, to set up “a special investigation team” to conduct a “thorough investigation” into the cases. This is contained in a report of a committee set up by the AGF, Mr. Abubakar Malami (SAN), to review the individual cases recommended for…

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Fed Govt Confirms Registration Of ASUU Rival Union

Fed Govt Confirms Registration of ASUU Rival Union

The Federal Government has commenced the process of registering a rival union as members of the Academic Staff Union of Universities (ASUU) continue their 10-month old strike. Sen Chris Ngige, Minister of Labour and Employment, dropped this in Abuja when the leadership of Congress of University Academics (CONUA), led by its National Coordinator, Dr. Niyi Sunmonu, paid him a courtesy visit. CONUA’s membership is drawn from university lecturers opposed to ASUU. Ngige regretted the long strike by ASUU, saying that it had negatively affected the educational development of the country.…

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South-East Transporters Threaten Boycott Of Lagos, North’s Routes Over Violent Crime

South-East Transporters Threaten Boycott Of Lagos, North’s Routes Over Violent Crime

South-East transport operators in Onitsha, Anambra State, have threatened boycott of Lagos and Northern routes over incessant robbery attacks and abduction on the highways leading to Lagos, Abuja, and other parts of the North They threatened to boycott the routes if nothing was done urgently to address the situation. The protesters included luxury bus owners, commuter buses, and executive Sienna bus operators. They said they would mobilize other transport operators who ply  Enugu, Aba, and Port Harcourt to cripple socio-economic activities nationwide. They lamented increased incidences of armed robbery and…

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