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Ajimobi Launches Electronic C of O, N120k Home Owners Charter

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By Modupe Gbadeyanka

Oyo State Governor, Mr Abiola Ajimobi, has announced the change of paper-based Certificate of Occupancy to an electronic version with security features to make it a lot more copy proof.

Speaking at the weekend at the official flag off ceremony of the enumeration and assessment of properties in the state at the Housing Corporation Ibadan, the Governor also said his administration was introducing the homeowners charter policy designed to enable home owners in the state to regularize their land documents with as low as N120,000.

Mr Ajimobi explained that this was one of the measures being put in place by the government to lessen the pains of the current economic downturn.

According to him, the scheme was created to enable home owners in Oyo State who currently have no title documents like survey and building plans to obtain titles with great ease and at very affordable rates of N120,000, assuring that every measure has been put in place to ensure the scheme is transparent and devoid of unnecessary bottlenecks.

The Governor noted that, “This is one of the measures being put in place by our government not only to lessen the pains of the current economic downturn on our people but to empower them for greater economic possibilities.

“Also, Oyo State Government is changing from the current use of the paper-based Certificate of Occupancy to ‘e-C of O’, the electronic Certificate of Occupancy with features to make it a lot more secure and copy proof.

“The electronic C of O will contain the following elements: a scanned photograph of the Owner printed on a copy-proof security paper; an encrypted and enhanced 2D bar code that is unique to the owner; an additional embedded security characteristic containing vital security information that can only be viewed with an enabled barcode reader that is unique to the Owner only; and​ a distinctive Certificate of Occupancy number that will be very legible for all to see.”

Governor Ajimobi appealed to the people across the state, especially property owners, to cooperate with members of the Nigerian Institution of Estate Surveyors and Valuers (NIESV), Oyo State chapter, who will handle the enumeration and assessment exercise, noting that the essence of the enumeration is to generate data that will aid sustainable developmental objectives in the state.

“Without a dependable data base, neither significant nor sustainable developmental objectives can be achieved. However, in order to generate, categorise and databank these critical information, the state government decided to engage the services and collaboration of the Oyo State chapter of The Nigerian Institution of Estate Surveyors and Valuers (NIESV).

“Our decision to appoint and work with this institution as consultants for this very important assignment is a further testimony of this administration’s recognition of the role of professional bodies as able stakeholders in the daunting task of returning our dear state to its traditional and enviable position of the pacesetter,” Governor Ajimobi added.

In his address, Commissioner for Land, Housing and Survey, Mr Ajiboye Omodewu, said that the enumeration of properties became necessary for effective planning and determination for the provision of infrastructures like water, health centres, police posts, roads among others, appealing to the people of the state to cooperate with the state government to achieve the desired objectives of the exercise.

In his goodwill message, state Chairman of NIESV, Mr Adegboyega Quadri, appreciated the state government for establishing a record in the annals of the state by engaging professional for the enumeration exercise, pledging that the Institute will discharge its responsibilities effectively and efficiently.

He noted that the exercise will encourage spatial spread of residential areas as well as being used to challenge census figures and resolve housing deficits, urging that other professional bodies should enjoy patronage from the government.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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NUPRC Probes Gas Bubbling in Bille Community in Rivers

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gas bubbling bille

By Aduragbemi Omiyale

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has commenced an investigation into a gas bubbling incident in Bille community in Rivers State, but preliminary “deductions and field observations indicate that the gas bubbling may be associated with a subsurface phenomenon that could be linked to a variety of triggers.”

In a statement signed by its chief executive, Mrs Oritsemeyiwa Eyesan, on Thursday, the agency said it was worried about the unfortunate incident, assuring residents that efforts are being made to address the issue.

The commission acknowledged the concerns the “unsavoury development has raised in relation to public safety, the environment, and the health of the populace,” stressing that, “The overall well-being of our communities and the protection of the environment remain paramount to the commission, as they are to government.”

It stated that, “Upon notification of the incident, the commission activated a coordinated technical investigation process in line with established regulatory protocols to assess the nature and extent of the gas seepage, identify source(s) and potential cause(s), and propose immediate and long-term mitigation measures.”

“The investigative study is being conducted in collaboration with stakeholders to ensure comprehensive, fact- based outcomes for long-term sustainability,” it added.

“Detailed geotechnical and geological analyses are ongoing to determine the contributing factor(s) and possible remedies for prompt implementation,” the statement further said.

“The commission assures the Bille community of its resolve to ensure that necessary actions required to address the situation are taken in line with applicable regulations, industry standards and global best practices.

“Once again, the commission commiserates with the Bille community as we work assiduously with all stakeholders to unravel the incident, and enjoins members of the community to maintain the commendable level of responsibility whilst adhering to all safety measures and public health advisories issued by the relevant authorities,” the statement disclosed.

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Akwa Ibom Denies Plan to Sell Ibom Power Company

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Ibom Power Company

By Adedapo Adesanya

The Akwa Ibom State Government has dismissed claims that it plans to sell Ibom Power Company, describing the allegation as false and reaffirming its commitment to reviving the state-owned electricity asset through debt repayment and structural reforms.

In a statement issued on March 18, the Commissioner for Information, Mr Aniekan Umanah, said a report by a Uyo-based tabloid alleging plans to dispose of the company was “a wicked fabrication” that should be disregarded.

“At no time has the government approved the sale of Ibom Power Company as scrap or otherwise,” the statement said, adding that such claims exist only in the “imagination of mischief-makers intent on misleading the public.”

Instead, the government said it is focused on stabilising the company’s operations by clearing legacy debts, including a $9 million facility obtained from Afreximbank several years ago.

According to the statement, Governor Umo Eno approved a structured quarterly repayment plan of $560,000 beginning March 15, 2025, aimed at gradually liquidating the loan.

The government described the move as part of broader efforts to “rescue and reposition Ibom Power Company for sustainable operations,” stressing that the approach reflects a commitment to “revival, stability, and long-term value preservation, not liquidation.”

Beyond debt repayment, the state also outlined ongoing electricity sector reforms anchored on a Private Sector Participation (PSP) framework designed to attract investment while retaining public ownership of assets.

Under the initiative, the government said it has established key institutions, including the Akwa Ibom State Electricity Regulatory Commission and Ibom Electricity Holdings Limited, to strengthen oversight and coordinate state-owned electricity assets. Shares of the holding company have also been vested in the Akwa Ibom Investment Corporation.

The concession model being introduced will allow qualified private operators to rehabilitate, finance, and manage electricity infrastructure over a defined period, with strict performance benchmarks and regulatory supervision.

The government said the framework is structured to ensure that “the State will retain ownership and strategic control of all electricity assets,” while transferring operational and commercial risks to private sector participants.

It added that the reform programme is expected to improve reliability, resolve longstanding challenges, and promote a more efficient electricity market without placing additional fiscal pressure on the state.

On recent power outages across parts of Akwa Ibom, the government noted that electricity transmission and distribution currently fall outside its direct control. However, it said efforts are ongoing to engage relevant authorities to address the disruptions and improve supply.

The statement also criticised the publication that carried the initial report, accusing it of spreading misinformation and warning that “government’s measured silence should not be mistaken for weakness,” citing existing laws on libel and defamation.

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Eid-el-Fitr: Gaya Urges Prayers Against National Challenges

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NSIA Abdullahi Mahmud Gaya

By Modupe Gbadeyanka

Nigerians have been urged to use the occasion of Eid-el-Fitr to intensify prayers against the challenges confronting the nation.

This appeal was made by the independent non-executive director of the Nigeria Sovereign Investment Authority (NSIA), Mr Abdullahi Mahmud Gaya.

Mr Gaya described the current situation in the country as a test of citizens’ spiritual resolve and faith, tasking Muslims to reflect on the deeper significance of Eid-el-Fitr, noting that the festival symbolises sacrifice, obedience to Allah, and compassion for the less privileged.

“Every Muslim finds joy in observing the Ramadan fast, a fundamental obligation in Islam. We should not lose sight of the lessons it teaches: obedience to Allah, sharing our blessings with the needy, and being our brother’s keeper,” he said in a statement issued by his media assistant in Kano.

Speaking on the forthcoming general elections, Mr Gaya advised the electorate to vote for selfless leaders committed to national service and the welfare of Nigerians, describing the polls as a choice between progress and regression, stressing the need for voters to support candidates with verifiable achievements rather than empty promises.

He also urged Nigerians to remain mindful of their civic responsibilities by choosing leaders who demonstrate integrity, sincerity, and dedication.

According to him, the country’s future depends on the electorate exercising their voting rights wisely to elect leaders who understand the responsibilities of public office and approach them with humility, competence, and genuine commitment to service.

Mr Gaya expressed gratitude to Almighty Allah for His mercies and felicitated with the people of Ajingi, Gaya, and Albasu Local Government Areas, as well as Governor Abba Kabir Yusuf and Nigerians at large, on the successful completion of the Ramadan fast.

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