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Lagos Unveils Portal to Curb Real Estate Fraud

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real estate transactions nigeria

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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Effective Tips & Tricks for Attracting New Clients

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Attracting new clients

Attracting new clients is essential for the growth and success of any business. Here are 14 effective tips to help you attract new clients and boost your business:

Network, Network, Network

Networking is one of the simplest and most cost-effective ways to bring in new clients. Attend business conferences, join groups and organizations, and connect with other business owners within your industry. Building relationships and making connections with potential clients is a great way to get your name out there and generate new business.

Leverage Social Media

Social media is a powerful tool for attracting new clients. Create a strong online presence by regularly updating your profiles and engaging with your followers. Share valuable content and participate in relevant online conversations to establish yourself as an expert in your field.

Optimize Your Website

Your website is often the first impression potential clients have of your business. Make sure it is professional, easy to navigate, and optimized for search engines. Include clear calls to action and make it easy for visitors to contact you or learn more about your services.

Offer a Free Consultation or Trial

Offering a free consultation or trial is a great way to attract new clients. It gives potential clients a chance to see the value of your services without any commitment and can help them to make a more informed decision about working with you.

Use Referral Marketing

Ask satisfied clients to refer their friends and family to your business. This can be a powerful way to attract new clients, as people are more likely to trust recommendations from people they know and respect.

Leverage Email Marketing

Email marketing can be a great way to attract new clients. Create a targeted email campaign that highlights your services and offers valuable information to potential clients. Use email marketing to stay in touch with your current clients, and nurture the relationships you already have.

Host Events

Hosting events can be a great way to attract new clients. You can host a networking event, a workshop, or a launch party. Events give you the opportunity to showcase your services, connect with potential clients, and generate new business.

Get Active in Your Community

Getting active in your community can be a great way to attract new clients. Volunteer, sponsor local events, and get involved with local organizations. By showing your support for your community, you can establish yourself as a respected and trusted business leader.

Use Paid Advertising

Consider using Google AdWords or social media advertising to reach a larger audience and generate more leads.

Take Advantage of Voice API

There are several ways to use a voice API to attract new clients, such as developing voice-enabled apps or services. You can create an app or service that utilizes voice commands and natural language processing to provide a more convenient and engaging user experience. You can also use the technology to optimize your website and content for voice search, which increases visibility and attracts potential clients who are searching for your products or services using voice commands.

Offer Special Promotions

Offering special promotions and discounts can be a great way to attract new clients. Consider offering a discount on your services or a free bonus when someone signs up for your services.

Use Influencer Marketing

Influencer marketing can be a great way to attract new clients. Identify influencers in your industry and reach out to them to see if they would be willing to promote your services.

Create Valuable Content

Creating valuable content can be a great way to attract new clients. Share your expertise through blog posts, videos, and social media updates. By providing valuable information and answering your potential client’s questions, you can establish yourself as an expert in your field and attract new clients.

Analyze Your Competitors

Analyze your competitors to see what they are doing to attract new clients. See what your competitors are doing right and where they lag, which could present opportunities to gain a competitive advantage. Use that information to your advantage and improve upon it to attract new clients.

Conclusion

Attracting new clients is vital for the growth and success of any business. By implementing the tips outlined in this article, you can increase your visibility, reach new audiences, and convert potential clients into paying customers.

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INEC Extends Deadline for PVC Collection by One Week

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PVC collection

By Modupe Gbadeyanka

The Independent National Electoral Commission (INEC) has announced the extension of the deadline for the collection of Permanent Voter Cards (PVCs) by one week.

The commission, in a statement issued on Saturday night by Mr Festus Okoye, the National Commission and Chairman of the Information and Voter Education Committee of INEC, disclosed that the deadline, earlier fixed for January 31, 2023, has now been moved forward to February 5, 2023, to allow more voters to pick up the PVCs.

However, INEC stressed that it would not extend the deadline for PVC collection again, advising Nigerians to take advantage of the latest postponement.

“The commission met today, Saturday, January 28, 2023, a day after its meeting with the Resident Electoral Commissioners (RECs) from the 36 states of the federation and the Federal Capital Territory (FCT), Abuja, and deliberated on a number of issues, including the reports from RECs on the ongoing collection of PVCs in its 774 local government offices nationwide.

“It will be recalled that at the meeting with RECs on Friday, January 27, 2023, the Chairman of the commission, Prof Mahmood Yakubu, indicated that the commission will not hesitate to consider additional measures to ensure that all citizens have ample opportunity to collect their PVCs ahead of the general election.

“Having reviewed reports from all states of the federation, the commission is encouraged by the progress made so far as more Nigerians troop out daily to collect their PVCs.

“Arising from reports from the various states and discussions with RECs, the commission has decided to further extend PVC collection in all its local government offices nationwide by an additional one week. “The ongoing collection of PVCs nationwide will, therefore, continue and end on February 5, 2023. This is the second time the commission is extending PVC collection nationwide, and this will be the last extension of the exercise. The collection period has further been extended by an additional two hours and will start at 9 am and end at 5 pm daily, including Saturdays and Sundays.

“Those that engaged in double and multiple registrations should not bother visiting any of the commission’s offices as the commission did not print their PVCs. The commission will continue to act on all reported cases of sharp practices during the ongoing PVC collection and will ensure no Nigerian is disadvantaged, and all those that carried out valid registration have an opportunity of collecting their PVCs.

“The commission once again salutes the patience and doggedness of citizens,” the statement said.

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Schneider Electric Advocates Microgrids for Sustainable Energy Drive

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Schneider Electric microgrids

By Adedapo Adesanya

As part of efforts to drive further adoption of energy alternatives, Schneider Electric, has shared sustainable approaches to providing resilient and clean energy in Nigeria and the world in general.

The digital energy multinational at a recent innovation summit held in Maryland, US, hosted top pioneer companies in the microgrid space to discuss the way forward in the industry.

Speaking at the event, Schneider Electric Group Chairman and CEO, Mr Jean-Pascal Tricoire, addressed how industry experts, through software and technologies, are making the digital, electric world a reality.

He also posed that organisations across the world can accelerate digital transformation by choosing the right technologies to achieve a wide range of sustainability goals, like microgrids.

Adding her input on Schneider’s aim for upscaling the energy world in Nigeria, Microgrids Expert, Schneider Electric, Ms Teina Teibowei, mentioned that carbon emissions from the power sector in the country reached around 11.7 million metric tons of carbon dioxide in 2020.

She stated that existing technologies could reduce these emissions by 70 per cent and engineer a healthier energy world for humans across the world.

In addition, she shared a core point for organisations wishing to adopt microgrids in Nigeria on the use of the Energy-as-a-service funding model for seamless project execution.

“The Energy-as-a-service model limits technical and operational risk while delivering on reliability and cost-effectiveness. Schneider Electric is strong with an extensive network of partners in West Africa to deliver on this solution.”

With the recent sustainability dilemma facing the world, rapid transformations in technology across all sectors, and the tripled advancement of cars, computers, phones, and daily technologies relied on, there is an ever-increasing demand for more energy than the 20th-century technology for technological power advancement.

Microgrids are self-contained electrical networks that draw from on-site energy sources and can operate independently of the grid. They offer straightforward solutions for elevating energy resilience and clean energy. Thus, they are a key 21st -century solution for powering 21st-century technologies.

According to, Mr Babajide Ogunlesi, Regional Product Application Engineer, Schneider Electric, the use of microgrids is participating in the resolution of the energy challenge in Nigeria by paving a sustainable path to electrification, as well as providing innovative energy solutions to drive cost-efficiency for homes and organisations.

He also mentioned a key point to note when building a microgrid, which is to start with a rightsized microgrid design to optimize cost efficiency as there is no one-size-fits-all microgrid.

“It is essential to right-size at the design phase of the microgrid for it to deliver measurable

energy-cost efficiency. Factors to consider are the specific load to power, the load requirements at any given time and the demand sources.

“Taking the time to design the solution properly avoids ending up with an under or over-sized microgrid. The goal is to tailor a solution that is just right for the user’s energy needs,” he added.

Schneider Electric has committed to providing energy and automated digital solutions for efficiency and sustainability in every home, industry, infrastructure, and data centre by combining energy technologies, real-time automation, software, and services.

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