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Ikeja NBA Gives Lagos Seven-day Ultimatum to Reverse Land Use Charge

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  • Ikeja NBA Gives Lagos Seven-day Ultimatum to Reverse Land Use Charge

The Nigerian Bar Association, Ikeja Branch, has given the Lagos State Government a seven-day ultimatum to reverse the recent hike in Land Use Charge.

The Chairman, NBA Ikeja Branch, Mr. Adesina Ogunlana, said in a statement on Wednesday that the association was set to embark on a mass protest tagged: ‘Hell Tax Must Go’ against the new tax regime.

Ogunlana stated that the NBA was strongly opposed to the LUC, which he described as an “excessive and arbitrary tax regime” calculated at turning Lagos State into a “toxic environment and a living hell” for the residents.

He said the association would give Governor Akinwunmi Ambode till next Monday to retrace his steps on the LUC, failing which its members would hit the streets on Tuesday.

According to him, the protest will be the association’s “first phase of critical and constructive response to the decidedly insensitive, provocative, arbitrary and parochial tax agenda programme against the Ambode administration.”

The NBA chairman said, “Few weeks ago, Lagosians woke up to learn about the hyper-inflated rate of the so-called Land Use Charge, which the governor of Lagos State has escalated upwards by 400 per cent.

“Recently, one of our colleagues, who regularly paid the sum of under N140,000 as LUC for an office building, received a demand notice for the LUC; he is now to pay the amount of N2m.

“If these tax rates are allowed, Lagos State will be turned into a toxic environment and a living hell for Lagosians.”

According to Ogunlana, the new LUC will have an adverse effect on all other services and functions in Lagos State as owners of properties and services will automatically transfer other financial burdens to their customers, who will have to bear the burden.

He added, “My view is that the government of Lagos State has lost sync with the difficult and harsh realities of life of the people of Lagos and has taken their support and goodwill for granted. Life will become not only too expensive, but volatile and dangerous.

“The government cannot hide under developing Lagos into a mega smart city to kill Lagosians with exorbitant taxes.”

Meanwhile, residents of the Lekki peninsula have revealed plans to go to the Lagos State Land Use Appeal Tribunal over the new bills being served on them under the re-enacted LUC Law.

The Lekki Estates Residents and Stakeholders Association, a coalition of all residents associations along the Lekki-Epe Axis of the state from the 1004 Estate to Epe, met on Sunday and unanimously resolved that the members would not pay the new charges, which they said were four times higher than what they paid in 2017.

The Chairman, VGC Property Owners and Residents Association, Mr. Olusegun Ladega, said residents found the new charges exorbitant and out of tune with their economic realities.

Ladega, who is also the Vice Chairman, LERSA, told our correspondent that the charges were based on unrealistic and arbitrary valuation of residents’ properties.

He stated that the residents had commenced the process of documentation and had set up a committee to take their case to the Lagos State Land Use Appeal Tribunal.

Ladega explained, “We were served bills on the Land Use Charge that were about four times higher compared with what we paid in 2017 due to the valuation of our properties through a process we know nothing of and consider as unrealistic and arbitrary.

“The figures with which they valued our properties are out of tune with market realities and we do not even know when these properties were valued. How do you value a property without the owner knowing? We have resolved to take our case to the tribunal shortly.”

Ladega noted that residents of the peninsula were being squeezed economically as they also had to pay tolls to get to their houses despite the fact that there was only one way leading into the area.

He called on the Lagos State House of Assembly to make laws that were fair, just and in tune with economic realities.

“They should look at the recently passed law and see if they have acted in the best interest of the citizens,” he advised.

Charges low, won’t cause hardship – LASG

Meanwhile, the Lagos State Government on Wednesday said the Land Use Charge Law of 2018 would not cause hardship, adding that the rates were not high.

Speaking during a press briefing in Alausa, Ikeja, the Commissioner for Information and Strategy, Mr. Kehinde Bamigbetan, said the figures being bandied around were not true, adding that people with high amounts in the demand notices were those who had not paid land charges for several years.

“There have been so many misconceptions and misinformation about the new law. The law is a progressive enactment duly made by the House of Assembly and handed over to the executive for implementation in the overall interest of the people,” he stated.

Shedding more light on the law, the Commissioner for Finance, Mr. Akinyemi Ashade, said it was a merger of all property and land-based rates and charges in the state.

“It is a consolidation of the ground rent, tenement rate and neighbourhood improvement levy. The owners and occupiers holding a lease to a property for 10 years or more are now liable to pay the annual charge,” Ashade stated.

The commissioner said property owners could determine the amount to be paid by multiplying the market value of their properties with the applicable relief rate of 40 per cent and the annual charge rate.

He noted that the minimum rate was only increased from N1,200 it was in 2001 to N5,000.

Is the CEO/Founder of Investors King Limited. A proven foreign exchange research analyst and a published author on Yahoo Finance, Businessinsider, Nasdaq, Entrepreneur.com, Investorplace, and many more. He has over two decades of experience in global financial markets.

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Netanyahu Stands Firm as US Halts Bomb Shipment Over Rafah Invasion Warning

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Amidst escalating tensions between Israel and the United States, Israeli Prime Minister Benjamin Netanyahu has adopted a defiant stance following the US decision to halt a shipment of bombs and warned against Israel’s potential invasion of the southern Gaza city of Rafah.

In a bold statement, Netanyahu declared, “If we have to stand alone, we will stand alone,” emphasizing Israel’s resolve to pursue its objectives despite opposition.

The Prime Minister’s comments, delivered via social media and a subsequent interview with American talk show host Dr. Phil, underscore Israel’s determination to address security threats posed by the Gaza Strip, particularly by Hamas militants operating in Rafah.

Netanyahu reiterated the necessity of military action in Rafah to eliminate the remaining Hamas battalions, condemned Hamas’s history of violence and reiterated Israel’s commitment to achieving victory and ensuring the safety of its citizens.

The US administration, led by President Joe Biden, expressed concerns over the potential humanitarian impact of an Israeli invasion of Rafah, prompting the decision to withhold additional offensive weapons shipments to Israel.

Biden’s statement echoed broader international apprehensions about the escalation of violence and civilian casualties in the conflict-stricken region.

However, Netanyahu remained resolute in Israel’s approach, asserting the country’s right to defend itself against security threats. He emphasized Israel’s efforts to minimize civilian casualties and facilitate the evacuation of civilians from Rafah before any military action.

Despite the US’s decision to pause the bomb shipment, Netanyahu affirmed Israel’s commitment to its longstanding alliance with the US. He acknowledged past disagreements between the two nations but expressed optimism about resolving current tensions through dialogue and cooperation.

In response, White House officials reiterated the US’s support for Israel’s security while urging restraint and emphasizing the need to avoid actions that could exacerbate the humanitarian crisis in Gaza.

The administration clarified that the decision to halt the bomb shipment was aimed at preventing potential civilian casualties in Rafah.

The confrontation between Israel and the US underscores the complexity of navigating regional conflicts and balancing strategic interests. As tensions persist, both nations face the challenge of reconciling their respective security imperatives with broader humanitarian concerns, seeking to avert further escalation while addressing the root causes of the conflict in the Middle East.

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EFCC Declares Former Kogi Governor, Yahaya Bello, Wanted Over N80.2 Billion Money Laundering Allegations

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The Economic and Financial Crimes Commission (EFCC) has escalated its pursuit of justice by declaring former Kogi State Governor, Yahaya Bello, wanted over alleged money laundering amounting to N80.2 billion.

In a first-of-its-kind action, the EFCC announced Bello’s wanted status in connection with the alleged embezzlement of funds during his tenure as governor.

The commission, armed with a 19-count criminal charge, accused Bello and his cohorts of conspiring to launder the hefty sum, which was purportedly diverted from state coffers for personal gain.

The declaration of Bello as a wanted fugitive came after a series of failed attempts by the EFCC to effect his arrest.

Despite an ex-parte order from Justice Emeka Nwite of the Federal High Court, Abuja, mandating the EFCC to apprehend and produce Bello in court for arraignment, the former governor managed to evade capture with the reported assistance of his successor, Governor Usman Ododo.

This latest development shows the challenges faced by law enforcement agencies in holding powerful individuals accountable for their actions.

However, it also demonstrates the unwavering commitment of the EFCC to uphold the rule of law and ensure that justice is served, irrespective of the status or influence of the accused.

In response to the EFCC’s declaration, the Attorney General of the Federation and Minister of Justice, Lateef Fagbemi, issued a stern warning to Bello, stating that fleeing from the law would not resolve the allegations against him.

Fagbemi urged Bello to honor the EFCC’s invitation and cooperate with the investigation process, saying it is important to uphold the rule of law and respect the authority of law enforcement agencies.

The EFCC’s pursuit of Bello underscores the agency’s mandate to combat corruption and financial crimes, sending a strong message that individuals implicated in corrupt practices will be held accountable for their actions.

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Concerns Mount Over Security as National Identity Card Issuance Shifts to Banks

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Amidst the National Identity Management Commission’s (NIMC) recent announcement that the issuance of the proposed new national identity card will be facilitated through applicants’ respective banks, concerns are escalating regarding the security implications of involving financial institutions in the distribution process.

The federal government, in collaboration with the Central Bank of Nigeria (CBN) and the Nigeria Inter-bank Settlement System (NIBSS), introduced a new identity card with payment functionality, aimed at streamlining access to social and financial services.

However, the decision to utilize banks as distribution channels has sparked apprehension among industry stakeholders.

Mr. Kayode Adegoke, Head of Corporate Communications at NIMC, clarified that applicants would request the card by providing their National Identification Number (NIN) through various channels, including online portals, NIMC offices, or their respective banks.

Adegoke emphasized that the new National ID Card would serve as a single, multipurpose card, encompassing payment functionality, government services, and travel documentation.

Despite NIMC’s assurances, concerns have been raised regarding the necessity and security implications of introducing a new identity card system when an operational one already exists.

Chief Deolu Ogunbanjo, President of the National Association of Telecoms Subscribers, questioned the rationale behind the new General Multipurpose Card (GMPC), citing NIMC’s existing mandate to issue such cards under Act No. 23 of 2007.

Ogunbanjo highlighted the successful implementation of MobileID by NIMC, which has provided identity verification for over 15 million individuals.

He expressed apprehension about integrating the new ID card with existing MobileID systems and raised concerns about data privacy and unauthorized duplication of ID cards.

Moreover, stakeholders are seeking clarification on the responsibilities for card blocking, replacement, and delivery in case of loss or theft, given the involvement of multiple parties, including banks, in the issuance process.

The shift towards utilizing banks for identity card issuance raises fundamental questions about data security, privacy, and the integrity of the identification process.

With financial institutions playing a pivotal role in distributing sensitive government documents, there are valid concerns about potential vulnerabilities and risks associated with this approach.

As the debate surrounding the security implications of the new national identity card continues to intensify, stakeholders are calling for greater transparency, accountability, and collaboration between government agencies and financial institutions to address these concerns effectively.

The paramount importance of safeguarding citizens’ personal information and ensuring the integrity of the identity verification process cannot be overstated, especially in an era of increasing digital interconnectedness and heightened cybersecurity threats.

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