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Governor Sanwo-Olu signs bill regulating real estate transactions
Lagos State Governor, Babajide Sanwo-Olu, has signed a bill regulating real estate transactions in the state.
The governor signed the bill at the Executive Chamber at the Lagos House in the Ikeja area on Monday.
Present at the signing were Commissioner for Housing in the state, Moruf Akinderu-Fatai; the Attorney General and Commissioner for Justice, Moyosore Onigbanjo; the governor’s Special Adviser on Housing, Toke Awoyinka-Benson; amongst others.
The governor Sanwo-Olu said the law to regulate the real estate transactions in Lagos State will help to protect the citizens; the unsuspecting Lagosians who fall prey to many real estate professionals, adding that the law will also help players in the real estate sector to know what is expected of them and for government to be able to track who is doing what in the sector.
“It is really around ease of doing business and ensuring that we can continue to attract private sector investments into the real estate space. We believe this law would be the very first in the country that has taken a deep dive into what is happening in that space and it further strengthens our intervention in housing through the Ministry of Housing,” Sanwo-Olu was quoted as saying.
The governor also signed two other bills into law to provide for the registration of Cooperative Societies in Lagos State; and law to regulate ownership, licensing and sales of pets and to prohibit and restrict people from having in custody dangerous animals in public places.
News
NAFDAC seizes unregistered food products worth N3.8bn at warehouse in Lagos
The National Agency for Food and Drug Administration and Control (NAFDAC) says its investigation and enforcement directorate team raided a warehouse at Apongbon Oke Arin market in Lagos state.
In a statement on Tuesday, the agency said the raid followed a tip-off about the sale of unregistered food products in the warehouse.
“Various unregistered items valued at N3,818,802,720 were seized during the operation, and the facility has been placed on hold pending further investigation,” the statement reads.
“The warehouse management has been summoned for questioning, and appropriate sanctions will follow after investigations.
“We reaffirm our commitment to protecting public health and ensuring compliance with regulatory standards.
“We also urge the public to remain vigilant during the festive season and report suspicious activities to the nearest NAFDAC office.”
News
Nigeria nominates Olufemi Elias as candidate for ICJ judge
Nigeria has presented Olufemi Elias to the International Court of Justice (ICJ) as its candidate to lead the institution.
The ICJ is often referred to as the highest court in the world for disputes involving sovereign states.
Established in 1945 and located in The Hague, Netherlands, the ICJ is the principal judicial organ of the United Nations (UN).
The ICJ comprises 15 judges elected for nine-year terms and representing legal systems globally.
Elias currently serves as an ad hoc judge for the court.
He was formally introduced to the UN diplomatic corps on Monday in New York by Samson Itegboje, the Charge d’Affaires of Nigeria’s permanent mission to the UN.
Itegboje harped on Elias’ qualifications, pointing out Nigeria’s long standing contributions to the ICJ, including participation in significant international cases involving territorial disputes, human rights, and maritime law.
The ambassador noted that Nigeria has also fully adhered to ICJ rulings, such as the landmark Bakassi Peninsula case with Cameroon.
WHO IS OLUFEMI ELIAS?
If elected, Elias will be the fourth Nigerian to preside over the ICJ, after Charles Onyeama, Bola Ajibola, and Taslim Elias, his father.
Making the case for the nominee, Itegboje said Elias’ family background shaped his morals.
“It would interest you all to also note that the father of the candidate we are introducing today, Taslim Olawale Elias, a prominent Nigerian jurist, was a judge at the ICJ from 1976 to 1991 and his tenure marked significant contributions to international law, especially in shaping the court’s jurisprudence in various areas, having served as president and as vice president of the court,” the diplomat said.
“In light of the foregoing, I can categorically state that Dr. Taoheed Olufemi Elias, himself currently a judge ad hoc at the ICJ, is not just a renowned international lawyer with vast experience in the practice of international law and academics but born into a jurist family and has learned the ropes of dispensing good judgment from his childhood.”
Elias has extensive experience as a lawyer and leader in various international organisations.
He is a member of the Institut de Droit International and served as the legal adviser and director at the Organisation for the Prohibition of Chemical Weapons at The Hague.
Elias is also the president of the administrative tribunal of the OPEC fund for international development, chairman of the Islamic Development Bank administrative tribunal, as well as a former president and member of the OPEC appeals’ committee.
Speaking on his qualifications, Elias said his achievements as a renowned expert in international law for 35 years in various capacities — comprising academia and public service — underscore his ability to effectively oversee the ICJ.
“When we put together all those qualifications, I think that’s what set me in good stead,” he said.
Nigeria last oversaw the ICJ in 1994 with Bola Ajibola as judge.
News
Lagos State government seals Coca-Cola, FrieslandCampina, Guinness factories over regulatory non-compliance
The Lagos State Water Regulatory Commission (LASWARCO) has sealed the factories belonging to Coca-Cola Hellenic Bottling Company, FrieslandCampina WAMCO, and Guinness Nigeria for extracting groundwater for commercial purposes without proper authorisation.
Speaking on Tuesday in Lagos, Olowu Babatunde, director of technical services at LASWARCO, said the commission had been engaging with the three companies for over seven years, but they had either partially complied or failed to comply with regulations, prompting enforcement action.
“We operate a law that empowers us to regulate most of these heavy abstractors in Lagos State,” Babatunde said.
“Abstractors are individuals or entities that extract large quantities of groundwater for commercial purposes.
“So, these companies that we have sealed, basically three of them – Coca-Cola, FrieslandCampina and Guinness, abstract water in large quantities.
“And we have been engaging them over time. At least, I have been here for more than seven years now. We’ve been engaging these companies for more than seven years now.
“Some, either they do partial compliance, or some don’t comply at all. So, now that we started implementation of our regulation, we now compel them to fulfil all their regulatory demands.”
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