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Lagos Unveils Portal to Curb Real Estate Fraud

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By Adedapo Adesanya

The Lagos State government has unveiled a portal to register all estate agents in the state in order to curb real estate frauds.

The Special Adviser to Governor Babajide Sanwo-Olu on Housing, Mrs Toke Benson-Awoyinka, said the portal, www.lasrera.lagosstate.gov.ng, would be used to register all real estate businesses.

Mrs Benson-Awoyinka said this was with a view to monitoring activities of estate agents and prosecution of the fraudulent ones.

She said that the portal would end the era of fraudulent practices in the real estate sector.

According to her, the state government will no longer tolerate activities of estate agents who defraud Lagos residents on the pretence of securing accommodation or any form of property for prospective buyers or tenants.

”We are well aware of the trend of fraudulent practices of some real estate agents and property developers.

”This is reflected in the complaints received by the agency in recent time of residents who had fallen victims to fake real estate practitioners and property developers, while seeking for accommodation, purchasing and selling of properties.

”As you all know, Lagos State has been the commercial and economic nerve centre of Nigeria and Africa with investment opportunities, hence, the net migration to the state.

”The state government has worked tirelessly over the years to curb the increasing fraudulent practices in this sector, and this explains the need to sanitise the industry,” she said.

The governor’s aide said that the state had been able to prosecute one of such so far and was in court with others.

She said that recently, a lady from the US was duped of N30 million by a particular company with offices in Victoria Island and Magodo.

”We have cases of about 70 people defrauded by some agents. Also, I’m aware of a case of 30 people defrauded by another agent.

”There are instances where agents defrauded prospective clients of agency fees of say, N5000, and showing them properties that are not listed or that they do not even know the owners.

”All these are the narratives we want to change. What we are saying is, if you defraud our people, we will prosecute you.

”In line with the T.H.E.M.E.S Agenda of Mr Governor on improving Technology Infrastructure, we are today unveiling the website, social media handles and registration portal for effective management and communication amongst the stakeholders.

“The interactive website would enhance post COVID compliance initiatives and promote transparency.

“It would become a one-stop-shop for stakeholders and government,” Mrs Benson-Awoyinka said.

According to her, the new agency’s website is: www.lasrera.com and registrations portal: www.lasrera.lagosstate.gov.ng.

She said that the robust platform contained a brief history of the agency’s initiatives, aims and goal, commitment to the people, a complaint section, a registration portal which allowed one to upload document.

Mrs Benson-Awoyinka said that the agency remained committed to providing an enabling environment and transparent real estate sector that conformed to international best practices, while safeguarding the ultimate interest of all the stakeholders.

According to her, from now, to practice in Lagos as an agent, one must be registered on the website, be at least, a school certificate holder, must have an office as individual, and if an organisation, it must have a board or management team.

”Every agent that is registered will be put on a portal, a compendium which will have all listed agents for easy tracking and follow up. This is part of the purpose of the registration,” she said.

The special adviser, however, said that the state government does not charge any amount to defend Lagosians who felt the need to be defended in the court of law.

She said that there was now a change in the name of a Department under the Ministry of Housing, formerly known as Lagos State Real Estate Transaction Department, to Lagos State Real Estate Regulatory Authority (LASRERA).

Mrs Benson-Awoyinka said that the change in the name also upgraded the department to a full agency that would be supervised by the Office of the Special Adviser to the Governor on Housing.

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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NIMASA Rallies Stakeholders’ to Develop National Action Plan

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By Adedapo Adesanya

The Nigerian Maritime Administration and Safety Agency (NIMASA) has pledged its commitment to provide the regulatory leadership, technical coordination, and stakeholder engagement required to successfully develop and implement a robust National Action Plan on maritime decarbonization in Nigeria.

The Director General of the agency, Mr Dayo Mobereola, made this known during the National Stakeholders’ workshop on the development of a National Maritime Decarbonization Action Plan, further describing the workshop as a critical step in actualising the Federal Government’s blue economy and climate objectives.

Represented by the Executive Director, Operations, Mr Fatai Taiye Adeyemi, the NIMASA DG underscored the significance of the IMO GreenVoyage2050 Project, a technical cooperation initiative /designed to support developing countries in implementing the IMO GHG Strategy.

According to him, the National Action Plan being developed will reflect national realities, leverage existing capacities, address identified gaps, and align with broader economic and environmental priorities of the federal government.

Mr Mobereola stressed that “this transition is not merely about compliance with international obligations, it is about safeguarding our marine environment, protecting public health, strengthening the blue economy, and ensuring that our maritime industry remains competitive and future-ready”, the DG said.

Also speaking at the event was the Technical Manager of the IMO GreenVoyage2050 Project, Ms Astrid Dispert, who highlighted that the overarching objective of the initiative is to advance a coherent and globally aligned regulatory framework to accelerate maritime decarbonization.

She also emphasised that NIMASA plays a pivotal role in driving the project at the national level.

The IMO GreenVoyage2050 Project provides technical expertise and institutional support to assist countries in developing and implementing National Action Plans that promote sustainable shipping practices, encourage investment in clean technologies, and strengthen capacity for long-term emissions reduction.

Through this collaboration, the federal government is advancing deliberate steps towards maritime decarbonization, reinforcing its commitment to global climate goals and ensuring a cleaner, greener, and more sustainable future for the sector.

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BPP Mandates Digital Submission for MDAs From March 1

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By Adedapo Adesanya

The Bureau of Public Procurement (BPP) has directed all Ministries, Departments and Agencies (MDAs) to comply with its digital submission process effective March 1.

The directive was contained in a circular signed by the Director-General of the Bureau, Mr Adebowale Adedokun, noting that the move was part of the bureau’s commitment to digital transformation and paperless governance.

It explained that the transition followed an earlier circular of Aug. 4, 2025, which introduced electronic submission procedures.

According to the bureau, it has successfully moved from physical filings to a dedicated e-mail service for document submissions and is now advancing to a more robust and integrated system.

The circular announced the inauguration of the BPP Digital Submission Portal, a web-based platform designed to enable MDAs submit procurement-related documents directly to the Bureau.

It stated that the automated platform would streamline the submission process, enhance transparency and ensure accelerated tracking of procurement-related documents and petitions.

“With effect from March 1, all MDAs will be required to use the portal to submit requests for ‘No Objection’ Certificates, approvals for ‘No Objection’ for special procurements, clarifications and status updates on submissions,” the bureau said.

It added that the portal would be hosted on the Bureau’s official website and would become fully operational from the effective date.

The bureau warned that physical submissions or manual hand-deliveries would no longer be prioritised and would eventually be rejected following the full transition to the digital platform.

It urged accounting officers to brief their procurement departments and ICT units on the development to ensure seamless processing of procurement activities from March 1.

It further advised MDAs to contact the Bureau via its official email for information on the onboarding process and integration into the portal.

The bureau emphasised that full compliance by all MDAs was required to ensure a smooth transition and avoid delays in the implementation of the 2026 fiscal year procurement processes.

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Senate Seeks Removal of CAC Boss Hussaini Magaji

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By Adedapo Adesanya

The Senate has asked President Bola Tinubu to remove the Registrar General of the Corporate Affairs Commission (CAC), Mr Hussaini Ishaq Magaji, from office.

The Senate Committee on Finance, while passing a resolution in Abuja on Thursday, accused Mr Magaji, a Senior Advocate of Nigeria (SAN), of failing to honour the Senate’s invitations to account for the finances of his agency.

“He refused on so many occasions to honour our invitation to appear before this committee.

“We have issues with the reconciliation of the revenue of CAC.

“Each time we invite him, he gives us excuses,” the Chairman of the committee, Mr Sani Musa, said as the committee passed the resolution.

CAC was part of a group of agencies that the House of Representatives Public Accounts Committee (PAC) recommended zero allocation for the year 2026, for allegedly failing to account for public funds appropriated to them.

The committee, at an investigative hearing held two weeks ago, accused CAC and some other ministries, departments and agencies (MDAs) of shunning invitations to respond to audit queries contained in the Auditor-General for the Federation’s annual reports for 2020, 2021 and 2022.

The PAC chairman, Mr Bamidele Salam, stated that the National Assembly should not continue to appropriate public funds to institutions that disregard accountability mechanisms, saying this will create fiscal discipline and strengthen transparency across federal institutions and conform with extant financial regulations and the oversight powers of the parliament.

“Public funds are held in trust for the Nigerian people. Any agency that fails to account for previous allocations, refuses to submit audited accounts, or ignores legislative summons cannot, in good conscience, expect fresh budgetary provisions. Accountability is not optional; it is a constitutional obligation,” he said.

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