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Lagos Reviews Tenancy Law, May Stop Agreement Fee

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Lagos Reviews Tenancy Law, May Stop Agreement Fee

Lagos Reviews Tenancy Law, May Stop Agreement Fee

By Modupe Gbadeyanka

Lagos State Law Reform Commission has disclosed that it has identified the need to review certain provisions of the existing Lagos State Tenancy Law of 2011 with a view to further ensuring fairness and reposition the law to reflect present societal values and realities.

Attorney-General and Commissioner for Justice in Lagos State, Mr Adeniji Kazeem, made this known at the stakeholders’ meeting on Tenancy Law of Lagos State organised by the Law Reform Commission.

Mr Kazeem noted that the modernization of Lagos into a smart city made it imperative for its legislations to reflect modern day realities, especially in the provision of shelter.

The Commissioner added that the proposed review of the law was also part of the ease of doing business drive of the state government aimed at drastically reducing all bottlenecks capable of hampering commerce and other practices that negate global practices applicable in developed countries of the world.

Mr Kazeem said that feelers from members of the public reveals that the citizens were not pleased with the present state of the law, hence the need to consider the introduction of rules of procedure to help fast-track proceedings for recovery of possession and propose time limits for the disposal of tenancy matters, among other grey areas contained in the law.

The Attorney-General stated that “like every other piece of legislation, this law requires periodic review in line with the government’s housing policies as a way of dealing with insufficient housing problem due to the fast growing population of the state.”

He reiterated that the existing Lagos Tenancy Law was a compilation of the reviewed Recovery of Premises Law Cap 118 Laws of Lagos State 2003 and the Rent Control and Recovery of Residential Premises Edict No. 6 of 1997.

The Commissioner maintained that some aspects of the law have not really been obeyed by the concerned stakeholders, noting that the section of the law on advance payment which makes it unlawful for a landlord to receive more than a year’s rent in advance was still being flouted.

He expressed hopes that the Lagos State House of Assembly would ensure speedy adoption and passage into law, the resolutions that would be inserted in the proposed bill as would be presented by the Law Reform Commission upon review of the law.

On her part, the Chairman of the Lagos State House of Assembly Committee on Judiciary, Human Rights, Public Petitions and LASIEC, Mrs Funmilayo Tejuosho, promised that the Assembly would ensure fairness in the passage of the review of the law through a call for public hearing to reflect the opinion of the majority.

She urged concerned stakeholders to also consider the issue of Agreement Fee charged by landlords, adding that whatever amendment that would be made to the law should be able to stand the test of time and bring comfort to all residents of the state.

Delivering a welcome address at the event, the Chairman, Lagos Law Reforms Commission, Prof Gbolahan Elias (SAN), disclosed that the goal of the commission was to introduce revised tenancy legislation that will be sensitive but pragmatic, just and efficient.

He added that the proposed review would focus on the role of Estate Surveyors and Valuers, legal practitioners and the judiciary in tenancy matters.

Participants at the stakeholders’ meeting acknowledged the fact that the law cannot absolutely favour both parties involved as either of the parties would be seeking to justify their stance at the expense of the other.

The stakeholders looked forward to a situation where individuals who run afoul of the provisions of the law will be prosecuted by the state government to serve as a deterrent and boost public confidence in the law.

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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Violent Protest Erupts in Ibadan Over Naira Scarcity

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protest in Ibadan

By Aduragbemi Omiyale

There are reports of a violent protest in Ibadan, the Oyo State capital, over the scarcity of old and new Naira notes, Business Post has gathered.

It was learned that residents of the ancient city are venting their anger over the hardship caused by the policy of the Central Bank of Nigeria (CBN) and the federal government.

The central bank redesigned the N200, N500, and N1,000 notes and asked citizens to return their old banknotes because they would cease to be legal tender.

However, since the introduction of the new currency notes in circulation on December 15, 2022, many Nigerians have not been able to withdraw their money from banks, fuelling anger in the land.

On Friday afternoon, some residents of Ibadan, especially in Iwo Road, took to the streets to express their frustration at the development, which is coming at a time consumers have to queue for petrol.

They had bonfires on the road and disrupted business activities in some areas of the city.

Recall that today, the Governor of Oyo State, Mr Seyi Makinde, announced the suspension of his campaign activities over the scarcity of Naira and fuel.

Also on Friday, the Governors of the ruling All Progressives Congress (APC) met with President Muhammadu Buhari to appeal to him to change his mind on the Naira swap policy because of the effect on the people and the 2023 general elections starting later this month.

The President had earlier been asked not to show up in Kano State because of fears of a violent protest over the development. After the deadline was moved forward, the Governor of the state, Mr Abdullahi Ganduje, said he was safe to visit the ancient city.

However, during his visit to Kano, there were reports of a demonstration, with a chopped stoned by some residents of the state and convoys attacked by angry protesters.

The government claimed the protest was not directed at President Buhari, while the opposition party, Peoples Democratic Party (PDP), said otherwise.

protest in Ibadan

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APC Governors Beg Buhari to Allow Use of Old, New Naira Notes

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APC Governors

By Aduragbemi Omiyale

President Muhammadu Buhari has been urged to allow the use of old and Naira notes as legal tender in the country until the former is naturally mopped up from the circulation.

This appeal was made on Friday by Governors elected on the platform of the ruling All Progressives Congress (APC) during a meeting with Mr Buhari at the Presidential Villa, Abuja.

In a brief chat with reporters after the meeting, the Governor of Kano State, Mr Abdullahi Ganduje, said after the request was made to the President, he promised to look into it.

The Central Bank of Nigeria (CBN) last month redesigned the N200, N500, and N1,000 banknotes and said the old currency denominations would cease to be legal tender from January 31, 2023.

However, two days before the deadline, the Governor of the CBN, Mr Godwin Emefiele, after a meeting with President Buhari in his hometown in Daura, Katsina State, said the deadline had been shifted to February 10, 2023, noting that Nigerians had a grace period of February 17, 2023, to return the old notes to the bank.

On Tuesday, January 31, he appeared before the House of Representatives ad-hoc committee on the CBN policy to say Nigerians could still take their old notes to banks after the deadline, promising that citizens will not lose their funds.

Today, the APC Governors met with Mr Buhari to discuss the scarcity of Naira in the financial system and also the lingering fuel scarcity.

One of the Governors present at the gathering, Mr Nasir El-Rufai of Kaduna State, had claimed this week that the scarcity of cash and petrol was the handiwork of some elements in the Villa, who do not want the party to succeed in the forthcoming elections.

“We spoke with the President to allow the old and new notes to co-exist until the old notes die a natural death,” Mr Ganduje told newsmen while walking out after the meeting.

“Sir, did you discuss the petrol scarcity with him,” one of the reporters asked the Kano Governor, and he responded, “Yes.”

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Oyo Governor Suspends Campaign Activities Over Fuel, Naira Crisis

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Makinde campaign activities

By Aduragbemi Omiyale

Due to the unending fuel and new Naira notes crisis rocking the country, Governor Seyi Makinde of Oyo State has suspended his campaign activities.

Mr Makinde is seeking another term in office under the platform of the Peoples Democratic Party (PDP).

He commenced his campaign activities last month, asking residents of the state to give him another chance to serve them.

But the scarcity of premium petrol spirit (PMS), otherwise known as petrol, and cash has put Nigerians under untold hardship.

Governor Makinde, during the flag-off of the Omi-Adio-Ido Road on Friday, said in solidarity with the people over anti-people economy policies of the All Progressives Congress (APC) led federal government, he would be suspending his campaign.

A statement by the Commissioner for Information, Culture and Tourism, Mr Wasiu Olatubosun confirmed this.

In the statement, Mr Makinde, who was in Ido to continue his campaign, directed that all campaign activities be suspended until further notice.

Mr Olatubosun said Governor Makinde noted that the suffering of his people was too much, saying he was elected to protect their interests and well-being.

The Commissioner said his boss, in an emotionally laden voice, directed leaders of the party in Oyo State to suspend the campaign.

“As a mark of honour to citizens and residents of Oyo State, the Governor of Oyo State, Seyi Makinde, has directed that all campaign activities of the party at all levels be suspended until further notice,” the statement read.

“Governor Seyi Makinde’s love for his people necessitated this unprecedented move at this time. We urge all residents and citizens of the State to remain calm as we navigate through this difficult period together,” he added.

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