News
Lagos Slams ‘Exploitative’ Landlords, Vows Action On Unjust Rent Hikes
Published
4 months agoon
By
Editor
The Lagos State Government has strongly criticised landlords and property agents who are exploiting residents by imposing unjustifiable increases in house rents.
The government has pledged to take action to protect tenants from these exploitative practices.
The Special Adviser (Housing) to the Lagos State Real Estate Regulatory Authority, Barakat Bakare, on Saturday, expressed the government’s stance during a live interview on TVC’s program, “YOUR VIEW.”
Bakare stated that the Lagos State Government “would no longer fold its arms and watch its residents being exploited by landlords and agents.”
READ ALSO: Lagos To Divert Traffic For APC Council Primaries Saturday
Bakare also clarified the distinct roles of house agents and lawyers in rental matters, emphasising the limitations of legal practitioners in real estate and house rental transactions.
According to Bakare, the Lagos State tenancy law is currently under review.
“The review aims to incorporate crucial provisions, such as those related to caution fees, which are presently lacking in the existing legislation.”
She urged residents who encounter violations of these regulations to report such incidents to the Lagos State Regulatory Authority, either through physical visits or online channels.
READ ALSO: JUST IN: Lagos Council Chairman Slumps At APC Meeting
The Special Adviser reiterated Governor Babajide Sanwo-Olu’s commitment to addressing the housing challenges faced by Lagos residents.
She affirmed that the “Government is constantly engaging landlords, property associations, and developers to promote collaboration and also to control excessive housing costs.”
Furthermore, Bakare emphasised the government’s commitment to fairness and justice in the allocation of state-owned housing. She stated that the distribution process adheres to “fair, transparent, and well–laid–out criteria.”
In her concluding remarks, Bakare advised Lagosians to exercise caution and diligence by verifying the registration status of agents and developers with LASRERA before finalising any transactions.
She also issued a call to all real estate practitioners, urging them to register with the Lagos State Real Estate Registration Agency.
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EFCC Orders Arrest Of Dismissed Officer On Lege Miami’s Show
Published
2 hours agoon
August 25, 2025By
Editor
The Economic and Financial Crimes Commission has condemned the actions of one of its former staff, Olakunle Alex Folarin, who was recently spotted participating in a matchmaking programme on social media platforms hosted by popular entertainer Lege Miami.
The agency has ordered his immediate arrest for retaining official EFCC property, including an identity card, following his dismissal for certificate forgery.
The anti-graft agency, in a statement on its official X handle on Monday, said Folarin served as a driver at the EFCC’s Ibadan Zonal Directorate.
READ ALSO:EFCC Releases Former Sokoto Gov Tambuwal
He was, however, dismissed after investigations confirmed he had forged his academic credentials.
It said, “The Economic and Financial Crimes Commission, EFCC, condemned in the strongest terms, the involvement of one of its former staff, Olakunle Alex Folarin, in a matchmaking programme running on Lege Miami social media platforms.”
“Folarin was recently dismissed from the Commission for certificate forgery. He was a driver at the Ibadan Zonal Directorate of the EFCC.”
READ ALSO:EFCC Arraigns Six Katsina Revenue, Bank Workers Over N1.2bn Fraud
The statement said EFCC Executive Chairma,n Mr. Ola Olukoyede, has ordered Folarin to be arrested and emphasised that Folarin’s actions should not be associated with the commission.
“The Executive Chairman of the EFCC, Mr. Ola Olukoyede, has ordered his arrest for being in possession of some Commission’s properties, including an identity card, which he should have handed over upon being dismissed from the EFCC.
“The public is advised against associating Folarin’s post-dismissal conduct with the EFCC,” the statement concluded.
News
NERC Transfers Regulation Of Electricity Market To Bayelsa
Published
2 hours agoon
August 25, 2025By
Editor
The Nigerian Electricity Regulatory Commission has transferred regulatory oversight of the electricity market in Bayelsa State to the Bayelsa Electricity Regulatory Agency.
In a notice on its social media handles on Monday, the commission said this was in compliance with the amended 1999 Constitution and the Electricity Act 2023.
“In compliance with the amended Constitution of the Federal Republic of Nigeria and the Electricity Act 2023 (Amended), the Nigerian Electricity Regulatory Commission has issued an order to transfer regulatory oversight of the electricity market in Bayelsa State from the Commission to the Bayelsa State Electricity Regulatory Agency,” the commission said.
READ ALSO:NLC, TUC Give NERC Deadline To Reverse Hike In Electricity Tariff
Recall that with the Electricity Act 2023, the commission retains the role as a central regulator with regulatory oversight on the interstate/international generation, transmission, supply, trading, and system operations.
The Act also mandates any state that intends to establish and regulate intrastate electricity markets to deliver a formal notification of its processes and requests NERC to transfer regulatory authority over electricity operations in the state to the state regulator.
The transfer order by NERC directed Port Harcourt Electricity Distribution Company Plc to incorporate a subsidiary distribution company to assume responsibilities for intrastate supply and distribution of electricity in Bayelsa State from PHED.
PHED was also directed to complete the incorporation of PHED SubCo within 60 days from August 21, 2025.
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“The subcompany shall apply for and obtain a licence for the intrastate supply and distribution of electricity from BYERA, among other directives,” the commission said.
It concluded that all transfers envisaged by the order shall be completed by February 20, 2026.
With this order, Bayelsa has joined states like Lagos, Imo, Ogun, Ondo, Ekiti, Enugu, Niger, Edo, Oyo and Plateau, which have got the power to regulate electricity markets.
The state can now generate, transmit, and distribute electricity while issuing licences to investors within the value chain.
News
Things To Know As INEC Begins Physical Voter Registration Monday
Published
2 hours agoon
August 25, 2025By
Editor
The Independent National Electoral Commission commenced the physical, in-person phase of its 2025 Continuous Voter Registration exercise across Nigeria today, Monday, August 25.
This follows the online pre-registration that commenced on August 18, 2025.
In an update on its X handle on Monday, the commission provided details of the schedule, locations, and eligibility of voters.
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INEC said in-person registration will run Monday to Friday from 9:00 am to 3:00 pm, and urged eligible Nigerians to complete their registration at INEC state or local government offices in their area.
The commission said those eligible to register or update their details include:
New voters aged 18 and above who have not registered before.
Holders needing to replace lost or damaged Permanent Voter Cards (PVCs).
READ ALSO:INEC Portal Records Over 69,000 Online Voters Pre-registration
Voters seeking to transfer their registration to a new location.
People who need to update or correct their voter information (name, address, etc.).
The electoral umpire asked registrants who completed online pre-registration to proceed to their INEC State Head Office or LGA office to finalise the process.
The commission also published a list of registration centres on its official portal.
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