NULGE Declares Date Direct Allocation To LGs Will Start

  By the end of October, the Federal Government will implement the direct transfer of funds into the accounts of local government councils nationwide. The President of the National Union of Local Government Employees, Ambali Olatunji, disclosed this during an interview. This move marks the full rollout of financial autonomy for local governments, ensuring they receive their allocations without interference from state governments. This decision aligns with the Supreme Court’s July ruling, which declared that state governors lack the authority to control funds designated for local councils. The court ruled that only democratically elected local government administrations are constitutionally recognized, rendering state-appointed caretaker committees invalid. While some governors had sought time to organize council elections, they were granted a three-month period for this purpose. As the implementation deadline approaches, local governments are expected to gain better access to funds, enhancing their capacity to deliver essential services and drive local development. Olatunji said, “Come October 11, the implementation of financial autonomy for local government will take full effect. We hope that by the end of October, local government allocations will directly reach council accounts across the country.” Olatunji added that NULGE had submitted a position paper on how local government councils should be administered to the technical committee set up by the Federal Government for the implementation of financial autonomy. He urged the federal and state governments to put in place measures to ensure that the funds were not diverted by the council administrators.

Oyo Denies Plans To Revoke Land At Ajoda New Town

  The Oyo State Housing Corporation has denied allegations that it intends to revoke any land on the Ajoda new town estate, Ibadan from encroachers. Some illegal occupants on the land, accused the corporation of intention to revoke their parcels of land. In a press briefing on Wednesday, the Corporation’s chairman, Demola Omotosho said contrary to what was being portrayed, about 4,000 encroachers have been identified. According to the Chairman, the encroachers breached every provision as contained in the Act that established the corporation. He said contrary to insinuations, the encroachers bought land on the estate, without government’s approval from swindlers, who are could not provide land titles to them. Mr. Omotosho however added that the Corporation, through the magnanimity of the Governor, is making provisions to incorporate the encroachers, numbering over 4,000 in its development plan. “Over 4,000 encroachers are in Ajoda new town, as we speak. They bought land from fictitious people who could not give them land titles. Magnanimously, the corporation will incorporate them in the scheme, so they can become official tenants of the corporation.” The Chairman insisted that the corporation is set to rejig the allocations on the estate, in the interest of the corporation and its allotees. “There are so many challenges we are facing in developing the estate, but we will surmount them, as they come. However, we do not intend to revoke allotees, rather there will be a resettlement.”, he said. “Allotees holding on to allocations, like souvenirs will not allow estates to develop, anywhere in the world. The Law that sets up OYHC, is emphatic on that…you lose your land if you refuse to develop. Some of them bought lands, as far back as 14-15 years of not developing their land. Some who have not paid statutory amounts to be paid, actually stand risk of losing their allocations.” Omotosho said according to the Act of Oyo State House of Assembly that established the corporation, it’s primary duty is to build affordable homes for the public. He said the Corporation is making efforts to build more affordable houses in all estates across Oyo, Iseyin, Ogbomoso, Saki, Okeho and Ibarapa. “We want to do more to achieve this core assignment. We came up with a vision to build more affordable houses in all estates across Oyo, Iseyin, Ogbomoso, Saki Okeho and Ibarapa”, he said. Starting with Ibadan, Mr. Omotosho said the Corporation intends to build Two thousand, five hundred (2,500) housing units within one year at Ajoda new town. He said the estate is specially located at the dove tail of the circular road, while the Ibadan airport, which is experiencing an upgrade is about 8-10mins drive from the Ajoda new town. Speaking on the history of the estate, Omotosho said Ajoda new town was established 47 years ago by former military administrator, Gen. David Jembewon. He said the Ajoda New town estate, is sitting on 5,000 hectres of land, but has been encroached by land grabbers. Mr. Omotosho therefore said the Corporation will leverage on the vast land in Ajoda, by laying foundation for Ajoda-Gulf estate, which will attract elites to the estate. He said the estate will come with a Gulf school, and a Gulf course, as well as a recreational park. Mr. Omotosho said in few weeks, the corporation will build a shopping mall at Olubadan estate, opposite Gbagi market with over 300 lock up shops. He applauded Governor Seyi Makinde for developing Oyo State, and improving the economy of the State, especially the capital city. Omotosho added that the previous leadership at the corporation opened up Ajoda new town with tarred roads, hinting that “this gave us the impetus to develop the Ajoda new town estate, further.” “Beautiful estates have sprung up in Oyo State, and these are in efforts to grow the State”, he said. He therefore solicited the support of all stakeholders to disseminate the information, adding that the corporation is keen on providing affordable houses.

Lagos Govt Sets To Ban Pure Water, Single-Use Plastics, Others

  The Lagos State Government has announced plan to ban the circulation of single-use plastics and sachet water starting January 2025. The Commissioner for the Environment and Water Resources, Tokunbo Wahab, confirmed the upcoming ban during a stakeholders’ workshop on implementing the ban on Styrofoam and single-use plastics (SUPs) for packaging. The move is part of the government’s strategy to introduce policy guidelines for managing plastic waste, whose goal is to create a healthier and more sustainable environment. However, stakeholders have urged the government to consider a phased implementation rather than an outright ban. They believe this will ensure better compliance and ease the burden during current economic challenges. Mosaku Ololade, Chairperson of the Lagos chapter of the Association for Table Water Producers of Nigeria (ATWAP), emphasised the association’s willingness to cooperate with the government. “We’ve been engaging with the state government and educating our members on the planned ban,” Ololade said. She added that ATWAP has over 2,000 members in Lagos employing more than 10,000 workers and called on the government to phase in the ban to give businesses enough time to adapt. “There are many measures that need to be in place before full enforcement,” she noted. Recall that Lagos State had earlier banned the use of Styrofoam in government establishments and across the metropolis in January 2024. This decision followed the rising issue of plastic waste and its harmful effects on the environment.

21 feared dead, 11 Rescued As Boats Collide In Lagos

  About 21 passengers are feared dead in a boat accident that occurred at Imore town in the Amuwo-Odofin area of Lagos State. The state police spokesperson, SP Benjamin Hundeyin, confirmed this on Tuesday in Lagos. Mr Hundeyin said that the police received a distress call about the accident on Monday. He said, “A distress call was received at Ilashe Division that two unregistered passenger boats, both having 16 passengers onboard, collided at the middle of the lagoon at Imore Town. In the process, the boats capsized and passengers got drowned with the goods.’’ The spokesperson said that emergency responders consequently stormed the scene. “Teams of conventional/marine policemen, local divers and other emergency responders were swiftly mobilised to the scene where 11 of the passengers were rescued with injuries. The injured were rushed to the Navy Hospital, Navy Town, Alakija, for medical attention, while search and rescue operation is being intensified with a view to recovering bodies of victims,” the spokesperson said. According to him, investigation is ongoing in the matter.

Oyo Assembly Receives Makinde’s Supplementary Budget

  The Oyo State House of Assembly has taken the first reading of the Finance Bill, 2024 of the supplementary budget of seven nine billion, seven hundred and thirty million naira (N79,730,000,00:00) only. The bill was read on Tuesday the plenary session presided over by the Speaker, Hon. Adebo Ogundoyin. The House also considered the first reading of Oyo State Supplementary Appropriation Realignment Bill, 2024. The bills were contained in the two letters forwarded to the House by Governor Seyi Makinde. Hon. Ogundoyin said the supplementary and realignment became necessary to address emerging priorities in the context of the current economic challenges and ensure effective implementation of critical key projects across the state. According to him, it will also take cognizance of the payment of the newly approved minimum for the state civil and public service. If the supplementary budget eventually passed, the 2024 budget will now increase from four hundred and thirty-eight billion, four hundred and forty-seven million, eight hundred and seventy-eight thousand, five hundred and forty-eight naira, thirty-nine kobo only (#438,447,878,548.39) to five hundred and seventeen billion, seven hundred and eighty-four million, eight hundred and seventy-eight thousand, five hundred and forty-eight naira, thirty-nine kobo only (#517,784,878,548:39) for both recurrent and capital expenditures Meanwhile, some of the Ministries, Departments and Parastatals (MDAs) featured in the supplementary budget realignment include Fire Service Agency, Ibadan Urban Flood Management Project, Oyo State Agribusiness Development Agency, Sustainable Development Goals, and Ministry of Education, Science and Technology. Others are Emmanuel Alayande University of Education, Oyo, First Technical University, Oke-Ogun Polytechnic, Saki, Ministry of Health, Oyo State Road Maintenance Agency, Water Corporation of Oyo State, the Judiciary, Ministry of Environment and Natural Resources among others.

CBN Stands Firm In Support Of GTCO, Reassures Public On Safety Of Bank Deposits

  In a strong display of support for Guaranty Trust Holding Company (GTCO) and to counter unfounded allegations circulating in the media, the Central Bank of Nigeria (CBN) issued a press release today, reaffirming the safety of deposits held in Nigerian banks. The statement, titled “CBN Reaffirms Commitment to Financial System Stability, Safety of Depositors’ Funds,” was signed by the Acting Director of Corporate Communications, Mrs. Hakama Sidi Ali. It opens with a resolute assurance to the public: “The Central Bank of Nigeria (CBN) wishes to reassure the public of its unwavering commitment to ensuring the stability and reliability of the Nigerian financial system.” The release emphasizes the importance of maintaining public confidence in banking operations, declaring that “all deposits in Nigerian banks are secure.” It outlines the CBN’s active role in ensuring that financial institutions adhere to established regulations and best practices, which are essential for preserving the integrity of the financial system. Regular stress testing is conducted to identify potential vulnerabilities, thereby reinforcing the resilience of banks in the country. To fulfill its oversight responsibilities, the CBN elaborates on its comprehensive monitoring of licensed banks in Nigeria and their offshore operations. The statement notes, “In addition, the CBN has implemented Early Warning Systems that proactively detect and address emerging risks, allowing us to provide timely solutions to any foreseen issues.” The Bank employs a Risk-Based Supervision approach, focusing regulatory efforts on institutions that may pose the highest risk to the financial system. This targeted strategy aims to maintain robust oversight while promoting the overall health of the banking sector. Moreover, the CBN has established Memoranda of Understanding with various countries where subsidiaries of Nigerian banks operate. This collaboration enhances regulatory coordination, ensuring that these banks function within a safe and sound framework, complying with both domestic and international banking regulations. In conclusion, Mrs. Sidi Ali emphasized the CBN’s commitment to creating a secure banking environment, stating, “The CBN remains dedicated to fostering a secure banking environment where depositors can be fully confident in the safety of their funds. It will continue to monitor and adapt strategies to safeguard the financial interests of all Nigerians and stakeholders in our financial system.”

Nigerians May Pay N10million For Hajj As Tinubu Government Ends Subsidy For 2025 Pilgrimage

  The National Hajj Commission of Nigeria (NAHCON) has announced that the President Bola Tinubu-led federal government will no longer subsidise hajj payments for pilgrims starting in 2025, marking the end of the long-standing concessionary exchange rate offered by the Central Bank of Nigeria (CBN). This development is expected to drive hajj fares up significantly, potentially reaching N10 million per pilgrim. Previously, the subsidy allowed pilgrims to access U.S. dollars at a reduced rate, easing the financial burden of the pilgrimage. However, with the naira currently valued at N1,650 to a dollar and the standard hajj fare at approximately $6,000, the cost for each pilgrim could rise to N10 million if the exchange rate holds. In a statement released by NAHCON spokesperson Fatima Sanda Usara, the commission confirmed that for the 2025 hajj, “There will be no concessionary exchange rate from the government for Hajj fare payment for pilgrims whether under state or private Hajj operators.” While NAHCON has yet to announce the official hajj fare for 2025, several state pilgrim welfare boards have already begun advising intending pilgrims to make initial deposits of N8.5 million in anticipation of the price increase. Meanwhile, NAHCON has also announced a refund of 64,682 Nigerian pilgrims who participated in the 2023 hajj, amounting to 150 Saudi Riyal each. This revelation was made during a virtual meeting between NAHCON and the Private Tour Operators (PTOs), chaired by NAHCON’s Commissioner of Operations, Prince Anofi Olanrewaju Elegushi. In further developments, Saudi Arabia’s Ministry of Hajj and Umrah has reduced the number of approved PTOs from 20 to 10, and each company is now required to register a minimum of 2,000 pilgrims to secure hajj visas. The Commissioner of Operations informed PTO members that NAHCON’s Executive Council has approved the option of using a bank guarantee to fulfill the N40 million caution deposit requirement for the 2025 Hajj. Operators who have already made a cash deposit but prefer to use a bank guarantee are invited to request a refund of their earlier cash deposit and submit the bank guarantee instead. He further clarified that contrary to claims that NAHCON owes PTOs N17 billion from the N25 million caution deposit for the 2024 Hajj, the commission only received N2.75 billion from 110 companies that registered for the 2024 Hajj. This amount included a rollover of N1.25 billion from the previous year. Of this, 30 companies requested refunds totaling N750 million, which has already been paid. However, the remaining N750 million is still held by the commission for undecided PTOs.

NCC Alerts Telecom Subscribers To Beware Of Unauthorized Hotspot Sharing

  The Nigerian Communications Commission (NCC) has issued a crucial warning to telecom subscribers, urging them to exercise caution when sharing their phone’s hotspot with others. In a notice posted on its official Facebook page on Monday, the NCC emphasized the importance of being mindful of who has access to one’s hotspot. According to the regulatory body, unauthorized hotspot sharing can lead to rapid data depletion. “If you notice your data depleting faster than usual, it may be due to unauthorized hotspot usage,” the NCC warned. The commission’s alert aims to educate subscribers on the potential risks associated with sharing their hotspot without proper authorization. To avoid data exhaustion and potential security breaches, the NCC advises subscribers to: 1. Be cautious when sharing hotspot credentials. 2. Regularly monitor data usage. 3. Set strong passwords for hotspot access. By taking these precautions, subscribers can safeguard their data and maintain control over their mobile connections. The NCC’s warning underscores its commitment to protecting telecom subscribers’ interests and promoting responsible mobile usage in Nigeria. “Your data seems to have vanished fast?

NAFDAC Workers Embark On Indefinite Strike

  The strike follows multiple meetings with NAFDAC management which failed to yield desired outcomes regarding critical issues affecting staff. Some of the issues include a review of the 2024 promotion examination results, the appointment of directors for public affairs/special duties, training institute, and reform of promotion examination content. Others are the creation of a psychology officer cadre by HOS circular, payment of all pending burial expenses, life insurance and repatriation allowance, and salary arrears for 2022 employees. In a statement, Ejor Michael, TUC secretary, said the workers had issued a 14-day ultimatum to the agency’s management in a communique dated September 20, 2024. The statement said another congress of NAFDAC staff was convened on October 4, following the expiration of the ultimatum. “After careful deliberation, Congress unanimously resolved to embark on an indefinite nationwide strike across all NAFDAC formations, commencing Monday, 7th October 2024,” the statement reads. “In view of the foregoing, you are hereby directed to down tools by withdrawing all your services in compliance with the strike action. We will not relent until all issues are satisfactorily addressed.”

Tinubu Directs Police To Provide Security To LG Offices In Rivers

  President Bola Tinubu has called on Governor Siminalayi Fubara, political leaders and their supporters in Rivers State to exercise restraint and uphold the rule of law. In response to recent tensions following last Saturday’s local government council election, the President expressed deep concern over reports of arson and explosions in the state. He urged all political actors to de-escalate the situation and discourage their supporters from engaging in violence or destructive actions. President Tinubu directed the police to restore and maintain peace, law, and order immediately. While instructing law enforcement agencies to bring the situation under control, he emphasised the need to ensure the security of public institutions. President Tinubu said government facilities built with public funds must be safeguarded from vandalism. He stressed that self-help has no place in a democratic system, especially after 25 years of continuous democracy. According to President Tinubu, the judiciary can settle all political disputes, and the outcome of this election should be no exception.