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FG Declares War On Vandals, Oil Thieves As Aregbesola Commissions 8 Newly Acquired Gunboats
FG Declares War On Vandals, Oil Thieves As Aregbesola Commissions 8 Newly Acquired Gunboats
The Federal Government has vowed to bring down its might on vandals and oil thieves who are sabotaging the nation’s economy, this is also as it charges the security forces to collaborate to end the scourge.
The Minister of Interior, Ogbeni Rauf Aregbesola made the declaration at the commissioning of eight gunboats acquired for use by the Nigeria Security and Civil Defence Corps (NSCDC) in Port Harcourt, Rivers State on Tuesday, 30 August, 2022.
“Those who steal crude oil not only deny the country of the much needed revenue, they sell the stolen goods at discounted prices, well below the market value. This black market creates a glut and forces down the official price. They have therefore made Nigeria to suffer the double jeopardy of loss in revenue and drop in value of the product.
“President Muhammadu Buhari, GCFR, has given us the resources and the marching order to take the war to them. As a step in this direction, the Federal Government is taking adequate steps to equip relevant security agencies and, by extension, the NSCDC, which is the lead agency in the protection of critical national assets and infrastructure,” the minister stated.
The Minister further stated that the government is not oblivious of the dangers crude oil theft portends for the country, stating that the value of such theft is estimated to be in its billions.
“In the latest estimate, billions of dollars are lost to oil thieves and vandals. There is no gainsaying the fact that the Federal Government is committed and determined to curb the menace of oil theft which is bleeding the economy mindlessly, a development which has led to a drop in the earnings of the government. This unhealthy development has equally led to environmental pollution and other health hazards recorded in places where crude and refined products have been unleashed on the environment from broken pipes.
“Government is not oblivious of the danger the above scenario poses to national security and socio-economic development. No responsible government would sit down helplessly and watch this reckless display of brigandage by a few unpatriotic and criminally minded individuals who put personal interest above any other consideration,” Ogbeni Aregbesola informed the public.
Speaking at the event, the Commandant General of the NSCDC, Abubakar Audi, mni, declared the Corps’ readiness to put an end to pipeline vandalism and pillaging of the nation’s resources.
“Let me use this medium to assure the Federal Government and the good people of this great country, that the Corps is determined more than ever before and fully committed to the war against oil theft and illegal oil bunkering and will therefore make judicious use of this operational equipment to take the war to the doorstep of these economic brigands and saboteurs.
“I have directed continued strengthening of effective synergy with the military, relevant sister agencies as well as other stakeholders in our avowed commitment to checkmate the ugly trend,” the Commandant General stated.
Also speaking at the event, the Garrison Commander, 6 Division of the Nigeria Army, Brig. Gen. S. S. Tilawan, said the war has the assurance of the Nigeria Military, noting that they will continue to support the fight against illegal bunkering of Nigeria’s crude oil product whilst strengthening the collaboration between the military and the NSCDC.
Also at the event were the Commissioner of Police, Rivers State Command, Eboka Frank; Sector Commander, FRSC, Umar Salisu; Commander, River State Command, NDLEA, Ahmed Mamnda; members of other security outfits and senior officers in the NSCDC.
Lagos House Demolition: 9 Things to Know Before Buying or Building in Lagos by Dennis Isong
Sahara Weekly Reports That When embarking on the journey of purchasing land in Lagos, Nigeria, it is crucial to navigate the process with diligence and awareness. Acquiring the necessary certificates is a pivotal step to ensure a secure and lawful transaction. Here are some important certificates you should possess during the land-buying process in Lagos:
1. Certificate of Occupancy (C of O):
The Certificate of Occupancy is a primary document issued by the Lagos State Government that confirms the legal ownership and right to use a particular land. It outlines the terms and conditions under which the land is held and can be obtained through the state’s land registry.
2. Survey Plan:
-A Survey Plan is essential for defining and delineating the boundaries of the land. It provides an accurate representation of the property’s dimensions, shape, and geographical features. A licensed surveyor must prepare this document, and it should be approved by the Office of the Surveyor General.
3. Deed of Assignment:
This legal document serves as evidence of the transfer of ownership rights from the seller to the buyer. The Deed of Assignment should be drafted by a legal professional and registered at the Land Registry to make it legally binding.
4. Governor’s Consent:
If the land has a Certificate of Occupancy, obtaining the Governor’s Consent is necessary for the transfer of ownership. It involves an application to the state governor, and upon approval, the consent is endorsed on the Deed of Assignment.
5. Excision:
An Excision signifies the release of a portion of land from government acquisition. It is especially crucial for lands situated in areas that were previously marked as government-owned. A valid Excision grants legitimacy to the land title and should be confirmed with the relevant authorities.
6. Approved Building Plan:
Before any construction activities commence, it is mandatory to have an approved building plan from the appropriate government agency. This ensures that the proposed structure complies with urban planning regulations and standards.
7. Tax Clearance Certificate:
A Tax Clearance Certificate from the seller is necessary to verify that all property taxes have been paid. It is a requirement for the processing of some land-related documents and helps ensure a clean and legal transaction.
8. Environmental Impact Assessment (EIA):
In some cases, an Environmental Impact Assessment may be required, particularly for large-scale developments. This assessment ensures that the proposed project complies with environmental regulations and mitigates potential negative impacts.
9. Receipts of Payment:
Retain all receipts of payments made during the transaction. This includes payments for the land, survey, legal fees, and any other associated costs. These receipts serve as proof of transaction and can be crucial in case of any disputes.
Dennis Isong is a TOP REALTOR IN LAGOS.He Helps Nigerians in Diaspora to Own Property In Lagos Nigeria STRESS-FREE. For Questions WhatsApp/Call 2348164741041
Dollar Tumbles Against Naira At Parallel Market
Sahara Weekly Reports That The naira sustained its appreciation against the United States dollar at the parallel market as it appreciated on Friday, from N1,160 to N1,155.
This represents 0.43 percent (N5) gain than N1,160 exchanged on Thursday at the parallel market.
It could be recalled that the naira had steadied in the parallel market on Wednesday and Thursday as it sells for N1,160 respectively.
However, the forex turnover, on Thursday, hit $105.50million according to data from NAFEM, the Nigerian Autonomous Foreign Exchange Market, the market trading segment for Investors, Exporters and End-users.
The turnover represents the amount of dollars traded at a particular trading day.
Although the rate is still unpalatable to the business community and Nigerians at large but a management consultant, Babatunde Adeniji, said the naira crisis is being largely driven by speculation following the country’s liquidity challenge.
“In terms of price, for the short time it is speculation that drives things. If you are a trader and you want to take a bet, with the level of distrust of the government, with no clear visible assurance of where the dollar is coming from to stabilise the naira, which position would you take? You are bound to take the position skewed towards the dollar,” he stated.
He said the country would begin to heave a sigh of relief when the authorities can pay up all the backlog of foreign exchange forwards with sufficient liquidity to meet pending obligations.
“Nigeria as a country does not have enough dollars to meet its promise. If we don’t do things that are substantial and visible, all that grammar would not help.
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