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Governor Will keep his word on Alagbole

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Gateway City Project: Otegbeye Lied to Imams - OGSG

Governor Will keep his word on Alagbole

 

 

 

 

 

ALAGBOLE- Just a few hours ago, Azuh Arinze, a Publisher and Author, cast doubt on the ongoing efforts by the Dapo Abiodun-led administration to give Ogun State residents in Akute-Ajuwon-Alagbole-Olambe axis of Ogun State a cause to smile by repairing their road. The seasoned journalist, who like many media professionals has been living there for so many years, makes the following observations based on experience: “I have lived in that axis long enough to know and understand the game usually played by them (governors). Once elections are approaching, they move caterpillars and some idle “men at work” experts to the terrible and horrible roads. These men are usually busy doing nothing and making worse a bad situation with their artificial creation of perennial gridlock. As you drive to work in the morning, you will see them going up and down. In the evening, while returning from work, instead of seeing results, you will still see them faffing around and constituting even a bigger nuisance.”

 

 

 

 

Governor Will keep his word on Alagbole

 

 

 

 

 

 

 

And then he added this clincher: “Governor Dapo Abiodun just began his days ago. I don’t know how it will eventually pan out, but like I wrote in the title of this piece, I am very, very skeptical about what he began there some three or so days ago. I drove past the road today and except I want to deceive myself, my conclusion is “dis na still de same old story and style.” However, I hope I’m proven wrong this time round. Until then, make all of us still dey watch the free cinema.”

 

 

 

 

 

 

 

 

 

 

 

Naturally, many of those who reacted to the post published on his social media timeline toed a similar path, saying that governors were very fond of gimmicks during elections. They made reference to Amosun who came around in a jamboree and dropped supposed workers on the site, only to vanish into the thin air after criminally raising the people’s hope.

 

 

 

 

 

 

 

 

 

 

The naysayers can’t be blamed: their scepticism is rooted in decades of empty political promises. But then, do not our people say that the patient eyes will inevitably see the nose? We urge our esteemed members of the Fourth Estate to exercise a little patience, shelve their cynicism, and judge Governor Abiodun by his record since assuming office as the fifth democratically elected governor of the Gateway State. It is true that previous governors shirked their responsibilities on that road but Prince Dapo Abiodun, cognizant of his mission in history and intent on fulfilling it, has in the last three and a half years given ample indication that he is woven by a different fabric and does not play around with his word.

 

 

 

 

 

 

 

 

 

 

 

As a human, he is naturally imperfect but he has never shied away from the lofty standards to which he usually aspires, has never played games with the people’s emotions or scoffed at their pains, and definitely has no intention to do a bad job at Alagbole and the adjoining communities. Being an Omoluabi, he knows that his word is his bond, and those who know him can say whatever he promises to do to the bank, knowing his sincerity of purpose, honesty of mission, commitment to excellence, and abhorrence of hypocrisy and artifice. The plain, simple truth is that in a short while, there will be motorists plying the roads under reference and appreciating Governor Abiodun for keeping his word. If you have travelled on the Shagamu-Abeokuta road or the Ijebu-Ode Epe road, not to mention the countless inner-city roads that dot every part of Ogun State, and been to places like Ilaro, Atan-Agbara-Lusada, etc, you cannot but agree with this observation.

It will be recalled that when Governor Abiodun came on board, he came with a clear vision to make palpable difference in the lives of the Ogun populace. He began work on the road projects he met and rolled out a scheme of road repair, rehabilitation and construction across the state.

Two months ago, some editors visited Ogun State and intimated the Governor with the plight of the people in Alagbole and other parts of the state and the governor promised to intervene. And he has, not only in that area but in so many others, including Sango-Ota. The Akute-Alagbole road is being done as promised. The Governor did not promise dualisation: what he promised was the repair of a part of the road. He also acknowledged that the previous administration never did its homework thoroughly before embarking on the planned construction, demolishing houses for nothing. Governor Abiodun has divided the work into three sectors to be done simultaneously. He should be given the benefit of doubt. He’s not Amosun; he means exactly what he says. Indeed, when the economy of the state improves, much more work will be done.

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The Role of Certificate of Occupancy in Property Valuation Method in Nigeria by Dennis Isong

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The Role of Certificate of Occupancy in Property Valuation Method in Nigeria by Dennis Isong

In Nigeria’s real estate landscape, property valuation serves as a crucial process that determines the worth of a property for various purposes, including buying, selling, and securing loans. One significant document that plays a pivotal role in this process is the Certificate of Occupancy (C of O). This legal document, issued by the state government, confirms an individual’s right to use and occupy land for a specified period.
Understanding the interplay between the C of O and property valuation is essential for investors, developers, and homeowners alike, as it can significantly influence market perceptions and property prices.
Understanding the Certificate of Occupancy
The Certificate of Occupancy is a legal document that signifies ownership and the right to occupy land. In Nigeria, land ownership is primarily governed by statutory laws, customary laws, and the Land Use Act of 1978, which mandates that all land in urban areas is owned by the government. Thus, the issuance of a C of O is necessary to establish a legal claim over any parcel of land.
Obtaining a C of O is a comprehensive process that involves several steps, including land survey, payment of necessary fees, and completion of relevant documentation. Once issued, the C of O provides security to the landowner by guaranteeing their rights against unlawful eviction or encroachment. This security is a significant factor in property valuation. Properties with a valid C of O are generally seen as more valuable and less risky compared to those without, as the certificate signifies legal recognition and ownership rights.
C of O and Market Perception
The presence of a C of O can significantly influence market perception and the demand for a property. Properties with a valid Certificate of Occupancy are typically viewed as more desirable by potential buyers and investors. This perception stems from the legal security that a C of O provides. Buyers are more likely to invest in properties with a C of O because they have assurance that their rights are protected, and the likelihood of disputes regarding ownership is minimized.
Moreover, lenders and financial institutions often require a C of O before approving loans for property purchases or developments. A valid C of O enhances the credibility of the property, making it easier for buyers to secure financing. This accessibility to finance, in turn, can lead to increased property demand, thereby driving up its valuation. Conversely, properties lacking a C of O may be perceived as risky investments, resulting in lower valuations and reduced buyer interest. Thus, the C of O serves as a critical indicator of a property’s reliability and marketability.
C of O in the Property Valuation Process
In the property valuation process, a valuer considers various factors to determine the value of a property. These factors typically include location, size, condition, and comparable sales in the area. However, the existence of a C of O is often a prominent consideration. During the valuation process, valuers will assess the C of O to ascertain the legal standing of the property. A valid C of O not only confirms ownership but also indicates compliance with local land use regulations, zoning laws, and building codes.
Valuers may also take into account the duration of the C of O. In Nigeria, a C of O is usually granted for 99 years, and this long tenure can positively influence a property’s valuation. The security provided by a long-term C of O assures potential buyers of their rights over the property for an extended period, making it a more attractive investment. Conversely, properties without a C of O, or those with expired or disputed certificates, may be valued lower due to the inherent risks associated with such properties.
Furthermore, a C of O can impact future development potential, which is a crucial aspect of property valuation. Properties with a valid C of O are more likely to receive the necessary approvals for development or alteration, while those without may face legal hurdles. This potential for development can enhance the property’s value, as it indicates future income generation possibilities. Consequently, valuers consider the C of O as a critical factor that influences the overall worth of the property in the market.
Challenges and Implications of C of O in Property Valuation
Despite its importance, the C of O is not without challenges. The process of obtaining a C of O can be lengthy and complex, leading to delays in property transactions. In some cases, disputes over land ownership can arise, particularly in areas where customary land tenure systems are prevalent. These disputes can complicate the valuation process, as properties with contentious C of Os may be difficult to sell and consequently valued lower.
Additionally, the presence of a C of O does not automatically guarantee a problem-free investment. Factors such as environmental issues, development restrictions, or changes in land use policies can affect property value. Valuers must therefore conduct thorough due diligence, considering not only the existence of a C of O but also any associated risks or liabilities.
In conclusion, the Certificate of Occupancy plays a crucial role in property valuation methods in Nigeria. As a legal document that signifies ownership and security, it significantly influences market perception and property demand. Valuers must consider the C of O when assessing a property’s value, as it reflects the legal standing and development potential of the land. However, challenges associated with the C of O, such as ownership disputes and regulatory complexities, must also be navigated to ensure accurate valuations. For stakeholders in the Nigerian real estate market, understanding the importance of the C of O is vital for making informed investment decisions and maximizing property value.
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

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From Ankara to Amala: Owambe Party unveils Christmas Edition for party lovers in Lagos

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From Ankara to Amala: Owambe Party unveils Christmas Edition for party lovers in Lagos

 

Imagine a night where Aso Ebi slays meet twinkling lights, where the beats of Afrobeat and Highlife are spiced with electrifying performances ready to get your hips moving.

Get ready for the biggest and most unbeatable vibes at the 2024 Owambe party happening on the 15th of December 2024! at Amore gardens, Lekki phase1 proudly brought to you by Spotlight by Mmakamba.

The Owambe Party Christmas edition promises a night filled with vibrant entertainment, music, food and jaw dropping fashion with electrifying performances from award winning artists and celebrity DJs that will keep you dancing all night long!

This season’s ultimate turn-up is happening, and you’re invited to soak in the magic of Unbeatable Owambe Party vibes with all the flair and flavor you can handle.

Expect unlimited mouth-watering Jollof rice, smoky suya, and small chops paired with the finest palm wine and cocktails, because no party experience can match the Owambe Party.

Mark your calendars, save the date! December 15th will be a masterpiece!

For inquiries and reservation, follow us on Instagram: @SpotlightByMmakamba and @TheOwambeParty.

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Appeal Court Removes MC Oluomo, Reinstate Baruwa

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Appeal Court Removes MC Olumo, Reinstate Baruwa

Appeal Court Removes MC Oluomo, Reinstate Baruwa

 

 

The Appeal Court in Abuja has announced Alhaji Tajudeen Ibikunle Baruwa as the lawful President of the National Union of Road Transport Workers (NURTW).

Appeal Court Removes MC Olumo, Reinstate Baruwa

It can be recalled that Musiliu Ayinde Akinsanya, popularly known as MC Oluomo, was days ago inaugurated as NURTW president.

The recent decision came after the court reviewed and upheld an earlier ruling by the National Industrial Court.

The initial judgment, delivered on March 11, 2024, recognized Baruwa as the rightful president of the union. However, an appeal was filed by Alhaji Najeem Usman Yasin, Alhaji Tajudeen Agbede, and their supporters. They argued against the Industrial Court’s decision but were unsuccessful in convincing the appellate court.

A three-member panel of justices, Hamma Akawu Barka, Nnamdi Dimgba, and Asmau Ojuolape Akanbi, ruled that the appeal lacked merit. The court declared Baruwa as the elected leader of NURTW and dismissed the challenge brought forward by MC Oluomo’s faction.

In addition to confirming Baruwa’s position, the Appeal Court ordered the appellants, who are supporters of MC Oluomo, to pay N100,000 as damages to the respondents.

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