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Nigeria at 62: Be hopeful, don’t despair, Gov. Abiodun admonishes
Nigeria at 62: Be hopeful, don’t despair, Gov. Abiodun admonishes
As Nigeria marks 62 years of her independence from the British, the Ogun State governor, Prince Dapo Abiodun, has urged Nigerians not to despair and not be discouraged by the current socio-economic challenges facing the country, but be hopeful of a better tomorrow.
Abiodun said that Nigeria, like some other nations in the world is facing an economic downturn and bugged down by insecurity, but with resilience and determination, the country will soon surmount the challenges.
The governor, in a statement by his Chief Press Secretary, Kunle Somorin, saluted Nigerians for their perseverance and called for their support as well as cooperation with the government at all levels, especially at this critical period in the country’s polity.
He noted that for Nigeria to survive the civil war and various military incursions, and still stand as one entity, indicates how unique the country is.
Abiodun further urged Nigerians to draw their strength from the oneness of the country, trudge on and be optimistic of light at the end of a dark tunnel.
The governor, however, appealed to the citizens to pray and give optimum support to the President Muhammadu Buhari-led Federal Government in its bid to take the country to the next level of economic development, security and stability.
He noted that no country has grown and developed without the sacrifices of founding fathers and the citizens, expressing optimism that Nigeria, with all the hands on the deck, will get to the Promised Land.
While maintaining that Nigerians must not give up on the country, the governor charged the citizens to always demonstrate patriotism and work for unity, peace and progress in Nigeria.
In Ogun State, Abiodun, reassured that his administration will continue to put in place, policies that will engender socio-economic development of the state, which in turn will ensure a prosperous ambience for the people.
He added that as a just and fair administration, developmental projects will continue executed equitably among the three senatorial districts.
The governor emphasised that the welfare, security of lives and property of Ogun people will continue to be at the front burner of his administration, while it will intensify efforts in creating a conducive ambience for investment to thrive in the state.
While congratulating Nigerians on the milestone of the 62nd Independence anniversary, Abiodun submitted that the country has every reason to celebrate our steady journey to greatness, since the lowering of the Union Jack on October 1st, 1960.
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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