‘How homeowners lost legal battle against estate managers’ | The Guardian Nigeria News - Nigeria and World News
The homeowners, who sought N100million in damages, claimed that despite not providing certain services stipulated in the land sales and management agreement, CMB unilaterally increased its service charges without consulting them. The estate management company further averred that a reticulation fees was levied on the homeowners to facilitate the connection of the central water treatment reservoir to their homes. CBM insisted that the service charge was increased to N35, 000 monthly to enable it meet its obligation to the landowners. The court is of the firm view that the residents/homeowners must pay service charge as contained in the contract agreement. Although PW2 stated under cross-examination that his tenants paid service charge, there was no evidence tendered to show payment.
Source:The Guardian
May 17, 2022 03:28 UTC
Fintech firm to boost financial solutions in communities | The Guardian Nigeria News - Nigeria and World News
Halo Financial Services Limited, a fintech start-up has launched an innovative approach to offer financial solutions to communities and grow their money. According to the firm, focusing on communities will enable it to assist more Nigerians, especially at the grassroots level to grow their finances. Speaking at a media roundtable to introduce the company, the Chief Executive Officer and co-founder, Chidimma Onyeokoro, disclosed that Halo enables communities to provide financial services to their members. According to her, community members are able to leverage the strength of their union for better financial returns. “Providing financial services to individuals through their community, whether formal or informal, allows us to deliver higher returns on savings, lower barriers to entry for larger value investments and provide financial literacy education at scale,” he added.
Source:The Guardian
May 17, 2022 03:07 UTC
NSC, NEPC partner on domestic export warehouses | The Guardian Nigeria News - Nigeria and World News
The Nigerian Shippers’ Council (NSC) has disclosed plans to partner with the Nigeria Export Promotion Council (NEPC) and other sister agencies in the establishment of the Domestic Export Warehouse (DEW) at the seaports to tackle logistics challenges in the sector. Jime noted that part of the responsibility of NSC in the establishment of DEW includes development of standard operating procedures in collaboration with critical agencies for the operation of the warehouses. He said the agency would provide guidelines for setting tariffs for the operation of DEW and address complaints that may arise between the DEW operators and exporters. He dropped the hint that NSC has recommended the usage of inland dry ports as DEW. He, however, expressed worry over the high level of non-compliance to trade rules by both importers and exporters, saying NSC is willing to collaborate with NEPC to address this challenge.
Source:The Guardian
May 17, 2022 02:27 UTC
Lagos govt begins rehabilitation for sex offenders
The Lagos State Domestic and Sexual Violence Agency has begun the provision of psychosocial support for sex offenders in a bid to curb sexual and gender-based violence in society. Speaking on the initiative, the Executive Secretary of DSVA, Mrs. Titilola Vivour-Adeniyi, said the programme is held in sessions and groups at the Kirikiri and Ikoyi Maximum Security Custodial Centre. She added that the sex offenders’ rehabilitation programme, organised in partnership with the Nigerian Correctional Service, Lagos State Command and the Institute of Counselling of Nigeria, aimed at mitigating the risk of recidivism by sex offenders. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH. Contact: [email protected]
Source:Punch
May 16, 2022 22:00 UTC
Fuel scarcity: Airline operators announce flight disruption, cancellation
The Airline Operators of Nigeria have announced plans to disrupt scheduled flight operations over the scarcity of aviation fuel. The announcement was contained in a statement titled, ‘Public notice: Disruptions in flight operations’, on Monday. In the statement signed by AON’s spokesperson, Prof. Obiora Spokesman, the operators lamented that aviation fuel scarcity would lead to flight rescheduling and cancellations. The notice read, “The Airline Operators of Nigeria wish to alert the public of impending disruptions to scheduled flight operations of members of the association. This development is being forced on members by the growing scarcity of aviation fuel popular as Jet-Al.
Source:Punch
May 16, 2022 21:33 UTC
FG trains PWDs in North West, to provide N100,000 grants
Federal Government has reaffirmed its determination toward the empowerment of people living with disabilities (PWDs) across the country. She noted that the training would play a vital role in addressing the menace of street begging and other related issues. She added that the State Government has commenced the processes of supporting Persons with Disabilities in the area of economic empowerment, education, health and provision of policies and laws that will guarantee their protection in the State. YOU SHOULD NOT MISS THESE FROM NIGERIAN TRIBUNERevealed! Details Of South-West APC Leaders Meeting With Presidential AspirantsMORE revelations have emerged about Friday’s meeting held by South-West leaders of the All Progressives Congress (APC) with aspirants from the zone, whose main objective, was on how to avert a crisis that will create a fractured party as it prepares for primary on May 30 and 31, Sunday Tribune has reliably gathered…FG trains PWDs in North West, to provide N100,000 grantsFG trains PWDs in North West, to provide N100,000 grants
Source:Nigerian Tribune
May 16, 2022 19:17 UTC
Inside details of how local militants murdered 12 soldiers in Benue
On April 5, 2021, a group of local militants in Bonta, a town in the Konshinsha Local Government Area of Nigeria’s northwestern Benue State, waylaid and killed some soldiers coming from Okpute, a neighbouring community in the Oju Local Government Area of the state. “The soldiers claimed they came for peace but they were only fuelling the war,” said Gungul Samuel, a local familiar with the activities of the militants. Bonta residents we interviewed believed they were attacked with the ammunition the soldiers supplied to the Igede militants in Oju. They mounted a roadblock in Bonta just as the Igede militants had done in Okpute. The communal war got the attention of the state government, necessitating the intervention of the police and soldiers, 12 of whom were murdered by the Bonta Boys.
Source:The Guardian
May 16, 2022 16:22 UTC
‘How insecurity will escalate food crisis in 2023’
AFAN advises northern states to be proactiveThere are indications that food shortage and inflation will worsen in 2023 following relentless attacks in most of the states where food grains are cultivated in commercial quantities. Kaduna State is rated as the largest producer of maize, a crop in high demand for direct human consumption, industrial food processing and animal feeds. He said: “This is a problem we face not only in the Northern part of the country but all over Nigeria. Hence, he called on states to play very important roles in bringing about food security to Nigeria and admitted that this is attainable if the security of life and property is guaranteed at the state level. This, he said, would deplete the volume of food that would be available to Nigerians in 2023, and might cause food inflation.
Source:The Guardian
May 16, 2022 16:06 UTC
Drinking Habits To Trigger Easy Weight Loss
Guardian Life Drinking Habits To Trigger Easy Weight Loss By Chinelo Eze Many have considered weight loss programs but cannot seem to get them going. Hence, one's drinking habit affects weight loss especially when you reach out for the wrong…Many have considered weight loss programs but cannot seem to get them going. Hence, one’s drinking habit affects weight loss especially when you reach out for the wrong choice of drinks. Taking them often will trigger an easy weight loss process. Drinking water is good but drinking it before a meal according to experts, helps weight loss.
Source:The Guardian
May 16, 2022 10:39 UTC
Blasphemy: Our children won’t attend school again, say Deborah’s parents
This was what we said when the US removed Nigeria from the list of religious violators. When you refuse to cry out, these killings will continue.”My remaining seven children will never go to school again – MotherEmmanuel Garba, Deborah’s father, in an interview with The PUNCH on Sunday, said he paid N120,000 to transport the remains of his daughter from Sokoto State to Niger State. However, on Saturday, Sokoto state youths staged a protest demanding the release of the suspects and thereafter, Igbo businesses in the state were attacked by protesting Muslims. Muslims killing Christians won’t smell paradise – GumiAlso reacting to Deborah’s murder, controversial Islamic cleric, Sheikh Ahmad Gumi, said any Muslim who kills a Christian for insulting the Prophet won’t smell paradise. “The right thing the students who killed the lady in Sokoto ought to do was to report her to the school management.
Source:Punch
May 16, 2022 09:26 UTC
Nigeria spends 86% of revenue on debt servicing, South Africa pays 20%
…analysts say Nigeria’s debt too expensiveNigeria spent 86 per cent of its revenue on servicing debt in 2021, but South Africa spent only 20 per cent of its receipts on the same purpose, according to findings by The PUNCH. According to the International Monetary Fund’s 2021 Article IV estimates, Africa’s most populous nation spent 85.5 per cent of its revenue on servicing the debt in 2021. Nigeria’s total debt by end of December 2021 was only 30 per cent of South Africa’s debt, yet the former’s debt service appears too expensive, according to analysts. Nigeria’s total debt as at December 2021 was $94.166bn, according to the Debt Management Office, but South Africa’s total debt at the same period was $261bn, according to the country’s National Treasury and Bloomberg. Another major reason for Nigeria’s high debt service-to-revenue is its low revenue generation.
Source:Punch
May 16, 2022 09:07 UTC
New money laundering law: Inbound, outbound travellers to forfeit undeclared funds
Section 1(e) of the Act also seeks to establish the Special Control Unit against Money Laundering under the Economic and Financial Crimes Commission for effective implementation of the Money laundering provisions of the Act in relation to the Designated Non-Financial Businesses and Professions. “Transportation of cash or negotiable instruments in excess of US$10,000 or its equivalent by individuals in or out of Nigeria shall be declared to the Nigerian Customs Service. The Nigerian Customs Service shall report any declaration made pursuant to subsection (3) of this section to the Central Bank and the Unit. Section 12(1-2) of the Act also prohibits the number or anonymous accounts, accounts in fictitious names and shell banks. According to the legislation, “The opening or maintaining of numbered or anonymous accounts by any person, Financial Institution or body corporate is prohibited.
Source:Nigerian Tribune
May 16, 2022 08:37 UTC
Why leaders fall short of expectations
When a nation is poor it is because its leaders have domiciled poverty in their mind and cannot convert opportunities to wealth. Leaders are change agents. When leaders are bereft of vision, they subject their people to hardship and foist retrogression on their organization or nation. Leaders fall short of expectations for various reasons. Loss of focusMost leaders assume office with specific plans on what they intend to accomplish while in office.
Source:Nigerian Tribune
May 16, 2022 06:03 UTC
Airtel Africa grows revenue by 20.6% to $4.7bn
AIRTEL Africa has recorded strong double-digit growth in the year ending March 2022 in revenues across all their regions, posting 20.6 per cent for the year, to $4,714 million. Specifically, the constant currency underlying revenue of Nigeria went up by 27.7 per cent; East Africa went up 22.7 per cent, while Francophone Africa rose by 17.2 per cent. Across all key services, revenue in Voice increased by 15.4 per cent; Data appreciated by 34.6 per cent, and Mobile Money went up 34.9 per cent. Speaking on the performance, Chief Executive Officer, Airtel Africa, Segun Ogunsanya, said this is another strong set of results for Airtel Africa, demonstrating solid execution as the company continued to enrich the lives of a growing number of people through leveraging the sizeable opportunity to promote digital and financial inclusion across the markets. There are increasing challenges from global inflationary pressures, but we continue to target revenue growth ahead of the market and moderate margin expansion,” Ogunsanya said.
Source:Nigerian Tribune
May 16, 2022 04:47 UTC
Hackers can unlock, steal your vehicles, NCC warns Nigerians
It said the fact that car remotes are categorised as short-range devices that make use of radiofrequency (RF) to lock and unlock cars informed the need for the commission to sensitise Nigerians to the emergent danger. “Multiple researchers disclosed a vulnerability, which is said to be used by a nearby attacker to unlock some Honda and Acura car models, and start their engines wirelessly,” he said. This makes it difficult for an attacker to ‘replay’ the codes thereafter. The RKE system, on the other hand, represents the standard solution for conveniently locking and unlocking a vehicle’s doors and luggage compartment by remote control. RELATEDLY, the NCC, based on another detection by CSIRT, informed Nigerians on the resurgence of Joker Trojan-Infected Android Apps on Google Play Store.
Source:The Guardian
May 16, 2022 04:20 UTC