Diasporan investors in the Oko-Orisan Waterfront Scheme are facing uncertainty and frustration due to prolonged delays and administrative issues within Lagos State’s land management system. Subscribers to the scheme, which began in 2010, have been left in limbo, awaiting physical allocation of their purchased plots. Investors, including Mr. Hakeem Ibrahim, have stated their plight over the lack of progress and the unresponsiveness of the state government. In an effort to address their concerns, they have formed the Oko-Orisan Waterfront Scheme Subscribers Group to collectively engage with Lagos State officials. Mr. Ibrahim recounted his experience: “In 2012, I bought a piece…
Author: Omolemi Eboisetale
The Lagos State House of Assembly has passed 300 bills and 2,000 resolutions since the return of democratic dispensation in 1999. The Speaker, Mudashiru Obasa stated this at a programme to commemorate 25 years of democratic governance on Wednesday in the state. The programme, organised by the Lagos State House of Assembly was themed “Building a Brighter Future: A Journey of Hope and Aspirations”. Obasa revealed that some of the bills and resolutions were historic. He added that many of the bills eventually became laws which had impacted residents greatly as well as people outside of the state. “Particularly worthy…
Teesside University in the United Kingdom has initiated a program to support Nigerian students facing severe financial difficulties by funding their flights home. This comes after numerous students were expelled from their courses and ordered to leave the UK due to unpaid tuition fees.The financial crisis in Nigeria, compounded by the university’s change from a seven-installment to a three-installment payment plan, has left many students unable to cover their expenses. This situation has severely impacted the Nigerian student community, with a local food charity reporting that 75% of its clients are Nigerian students. On May 22, 2024, a group of…
On Democracy Day, Edo State Civil Society Organisations (EDOSCO) took to the streets to protest against the persistent economic hardships facing Nigerians. The protest, which occurred on Wednesday, also included Oberaifo Udoh, the governorship candidate of the African Action Congress (AAC). The demonstrators urged the Nigerian government to take immediate action to alleviate the suffering of its citizens. EDOSCO’s spokesperson, Kola Edokpayi, expressed deep frustration with the current state of the nation, specifically criticizing the administration under President Bola Tinubu. Edokpayi pointed to the severe impact of hunger, poverty, and economic decline on the masses. “We are demanding that this…
The Federal Government has announced that the proposed 2024 Supplementary Appropriation Bill will be partially funded with a $2.5 billion loan from the World Bank. This was disclosed by the Minister of Budget and Economic Planning, Senator Atiku Bagudu, during a briefing with the Joint Senate and House of Representatives Committees on National Planning and Economic Affairs. Senator Bagudu explained that President Bola Tinubu had presented a memo to the Federal Executive Council detailing the need for the supplementary budget. The President inherited the Presidential Infrastructure Development Fund, housed in the National Sovereign Wealth Investment Authority, and identified several key…
Hong Kong shares suffered further losses Wednesday as investors nervously awaited the release of key US inflation data and the end of the Federal Reserve’s latest policy meeting. The Hang Seng Index fell 1.31 per cent, or 238.50 points, to 17,937.84. The Shanghai Composite Index added 0.31 per cent, or 9.42 points, to 3,037.47, while the Shenzhen Composite Index on China’s second exchange gained 0.58 per cent, or 9.76 points, to 1,693.91. AFP
The Kremlin has issued a warning that it is prepared to target NATO airfields hosting F-16 fighter jets intended for Ukraine. This comes as Ukraine is set to receive the advanced warplanes from Western allies, with Denmark and the Netherlands leading the efforts. Andrei Kartapolov, the head of the defense committee in the Russian parliament’s lower house, stated on Monday that any NATO bases from which Ukrainian F-16s launch attacks on Russia would be considered “legitimate targets.” “If they take off from the airfields of some country, enter Ukrainian airspace, launch missiles and return there, then this is a legitimate…
As a lady who loves to cook, I’ve always sought out seasoning options that offer “quality,” “versatility,” and “value for money.” My cooking journey took an exciting turn when I stumbled upon Terra Gold Cube’s new “One Cube, Endless Possibilities” campaign, a discovery that i must confess has transformed my cooking experience in ways I never thought possible. It all began one evening as I prepared dinner for my family. I was making my favourite vegetable stew but felt something was missing. I remembered a recent recommendation I saw online advocating for flavorful cooking using Terra Gold Cube, and how…
United Nations Children Fund has identified play as crucial to child’s development, and part of physical, emotional and cognitive growth. The Chief, UNICEF Kano Field Office, Mr Rahama Farah, said this on Tuesday at an event to commemorate the maiden edition of the International Day of Play (IDOP). The event was held at the Kwalli Special Primary School in Kano, organised in collaboration with the State Universal Basic Education Board. Farah said this is the first time United Nations is celebrating the day around the world to recognise the rights of the child to play as enshrined…
Japan and South Korea are facing a severe population crisis, with fertility rates in both countries reaching historic lows. In 2023, South Korea’s fertility rate dropped to a record low of 0.72 births per woman, down from 0.78 the previous year. Japan’s fertility rate also declined, reaching 1.26 births per woman, well below the replacement rate of 2.1. This marks the eighth consecutive year of decline for Japan. Demographer Yi Fuxian from the University of Wisconsin-Madison expressed a grim outlook, stating it might be too late to avert a population crisis. Yi attributes Japan’s marginally higher fertility rate compared to…
The Nigeria Export Processing Zones Authority (NEPZA) has revealed that the country’s Free Zones remitted N11.11 trillion to the Federation Account as of October 2023. NEPZA Managing Director, Olufemi Ogunyemi, shared this achievement during an oversight visit by the Senate Committee on Industry, Trade and Investment in Abuja. According to Ogunyemi, the SEZs have been instrumental in generating wealth and revenue for various states and federal agencies. In 2023, the Nigeria Customs Service (NCS) generated N59.38 billion, Immigration Services received N828.7 million, the Nigerian Ports Authority (NPA) garnered N8.738 billion, and states collected N998 million in PAYEE. From 2019 to…
The Independent National Electoral Commission (INEC) has announced the registration of 269,992 new voters in Edo and Ondo states. INEC’s National Commissioner and Chairman of the Information and Voter Education Committee, Sam Olumekun,confirmed this in a statement released on Tuesday. According to the latest statistics from the Continuous Voter Registration (CVR) as of Sunday, June 9, 2024, the new registrants comprise 129,246 males (47.87%) and 140,756 females (52.13%). Notably, 182,541 of these new voters (67.61%) are youths aged between 18 and 34 years. The statistics further reveal that 95,463 registrants (35.36%) are students, and 1,588 (0.59%) are Persons with Disability…