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Stakeholders Advocate Amendment of Lagos State Public Private Partnerships Law

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Lagos State Public Private Partnerships Law

By Modupe Gbadeyanka

The need for the amendment of the Lagos State Public Private Partnerships Law 2011 to address certain gaps in the legislation has been emphasised by some stakeholders in the industry.

At an interactive session between the Office of Public-Private Partnerships (OPPP) and members of the Lagos State House of Assembly House Committee on PPP over the weekend, participants noted that “The PPP law should be amended to expand the circumstances where a project may be excluded from the OCB requirement and provide for the ability of private participants to submit unsolicited proposals.”

“The PPP law should clearly define what PPP is, clearly the scope of its law, and provide an exhaustive list of permitted and prohibited sectors where PPP is applicable to give clarity to investors.

“It is recommended the law is amended to provide for the nature of support that may be provided by procuring entities and to remove the restriction on the ability to provide guarantees for PPP projects.

“The law [should] be amended such that the PPP Office may have oversight functions in respect of the implementation of PPP projects within the state,” they posited.

Also, at the gathering, suggestions on ways to further strengthen the PPP structure in the state with a view to delivering greater value, impacting more people, and improving the service delivery efficiency of the PPP Office were given.

They submitted that ensuring value for money expended on PPP projects was the responsibility of the OPPP, House Committee, and the private equity investors, calling on all stakeholders in a PPP arrangement to understand the requirements of PPP, including project financing from the beginning to the end.

“The major role of the OPPP is to provide a global view of making decisions and quantifying guarantees; ensuring value for money expended on projects is the major responsibility of the OPPP, House Committee, and the private partner.

“The public sector should avoid over-influencing projects (subsidising) and focus more on the value that the project will offer.

“Quantifying the cost of a PPP project cannot be easily estimated from inception; hence it is important for all stakeholders to be fully informed of the demands and dynamics of the project before delving into PPP,” they stated.

They also noted that dealing with macroeconomic issues will create a long-term effect on PPP projects and recommended that risks registered on projects should be strictly considered, including the advance determination of which party can best influence or take liability for the consequences of unforeseen risks.

“Once the risks have been identified, there has to be risks mapping; hence risk identification, allocation, and mitigation become necessary,” they said.

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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Tinubu Tasks Acting IGP Disu to Restore Peace, Strengthen Security Nationwide

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Tunji Disu decorated IGP rank

By Modupe Gbadeyanka

The acting Inspector-General of Police (IGP), Mr Tunji Disu, has been charged to do everything within his powers to restore peace and strengthen security across the nation.

This task was given to the new police chief by President Bola Tinubu after being decorated at the State House in Abuja on Wednesday.

Mr Disu was chosen to succeed Mr Kayode Egbetokun on Tuesday. His appointment is expected to be approved by the Nigeria Police Council and confirmed by the Senate next week.

President Tinubu described Mr Disu’s appointment as coming at a critical moment, urging him to rebuild public confidence in the police’s capacity to do their job in collaboration with other security forces.

“I made this decision for you to assume this responsibility. I know your record. I saw the dedication you exhibited while you were in Lagos when I was governor,” the President said.

“Lead firmly but fairly, demand professionalism at every level and ensure that the safety of lives and property remains our highest priority. It’s a daunting challenge. I know you can do it. You have my word, you have my full support,” he added.

Mr Tinubu urged him to advance the security pillars of his administration’s Renewed Hope Agenda. He expressed confidence in the Acting IGP’s discipline, operational experience and leadership capacity.

“Nigeria is challenged with banditry, terrorism and other criminal activities. You will be part of the thinking and innovation to overcome them,” the President said, reaffirming his belief that Nigeria would prevail under a committed leadership.

The President also paid tribute to Mr Egbetokun, who was present with his spouse, saying, “We are a grateful nation. Nigeria appreciates your contribution to maintaining law and order.”

He urged Egbetokun to be ready to offer useful advice to his successor and wished him and his family peace, good health and success in future endeavours, noting,

“You have not succeeded without a good successor. His success will also be part of your legacy.”

Mr Tinubu urged all security stakeholders to work collectively to safeguard lives and property during this critical period.

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Real Estate Sector Now Safe Haven for Fraudsters—EFCC

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real estate fraud

By Modupe Gbadeyanka

The chairman of the Economic and Financial Crimes Commission (EFCC), Mr Ola Olukoyede, has lamented how “people now defraud the government and individuals and invest in real estate.”

He raised this concern when he received the executives of the Association of Real Estate and Property Managers (AREAPM) in Edo State on Wednesday.

The EFCC chief, represented by the acting Zonal Director and Deputy Commander of the Commission, Mr Sa’ad Hanafi Sa’ad, warned real estate managers against money laundering.

“We have noted with grave concern that fraudsters are laundering money and hiding proceeds of crime through real estate and property. People now defraud the government and individuals and invest in real estate,” he stated.

He noted that the agency would continue to discharge its statutory mandate of bringing those who seek to circumvent the system to book.

“As a commission, we recognise the role of Real Estate and Property Managers. Property Managers are designated non-financial businesses and professions.

“So, we expect them to be professionals and uphold the relevant rules and regulations in the discharge of their duties,” he stated, adding that, “The commission will apply the laws when there is a breach of relevant rules and regulations.”

He assured the AREAPM executives of the organisation’s willingness to collaborate with them in dealing with fraud and criminality in the sector.

“We have a unit, the Land and Property Fraud Section, which attends to issues in that regard. So, when you have challenges, you can report to us,” he stated.

In his remarks, the chairman of AREAPM in Edo State, Mr Akpesiri Michael Egbonoje, stated that the essence of the visit was to seek areas of collaboration with the commission and work out ways of combating real estate financial crimes and fraud in the state.

“Part of our strategy is to familiarise ourselves with law enforcement agencies in the state and seek for collaborative relationships. As a body, we cannot do it alone; we need help in the areas of financial crimes.

“We have tried to sanitise the space, but we realised that your agency is at the apex when it comes to dealing with financial crimes.

“We believe that structured collaboration between AREARM and the EFCC will promote financial transparency, investor confidence, and accountability within the real estate sector.”

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Coroner’s Court Fixes April 14 for Inquiry into Death of Chimamanda Adichie’s Son

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Chimamanda Ngozi Adichie

By Adedapo Adesanya

The Coroner’s Court sitting at the Yaba Magistrate Court has announced April 14, 2026, for the commencement of an inquiry into the death of 21-month-old Nkanu Nnamdi Esege, son of renowned Nigerian author Chimamanda Ngozi Adichie and Dr Ivara Esege.

Magistrate Atinuke Adetunji fixed the date on Wednesday when the matter came up before the court.

The twin child, Nkanu, died on January 7, 2026, after receiving care at Atlantis Hospital and undergoing medical procedures at Euracare Multi-Specialist Hospital in Lagos.

The child was initially admitted to Atlantis Hospital in Lagos for what was described as a worsening but initially mild illness.

The family had sought initial care as arrangements were being made to transfer him to Johns Hopkins Hospital in the United States. Atlantis referred him to Euracare for pre-flight diagnostic procedures, including an MRI, lumbar puncture, and insertion of a central line.

However, the child passed away following the procedures.

His parents have alleged medical negligence and professional misconduct in connection with his death.

According to a leaked internal message sent privately to family members and close friends at the time, Ms Adichie blamed the staff of Euracare Multi-Specialist Hospital, located in Victoria Island, Lagos, for causing the demise of the lad.

“My son would be alive today if not for an incident at Euracare Hospital on January 6th,” she wrote in a broadcast message confirmed later on.

“We have now heard about two previous cases of this same anesthesiologist overdosing children. Why did Euracare allow him to keep working? This must never happen to another child,” she also wrote in the lengthy message.

The 48-year-old writer had her first child, a daughter, in 2016. In 2024, her twin boys were born using a surrogate.

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