Business
Court voids creation of Abuja outdoor advertising agency
An Abuja High Court has voided the creation of the Department of Outdoor Advertisement and Signage by the Federal Capital Territory administration
The court presided over by Justice Muawiyah Baba Idris declared the agency as illegal and unknown to law.
Justice Idris made the pronouncement while delivering judgement in a suit filed by Metro Auto Workshop Nigeria Limited, Alhaji Muhammed Sani Yussuf (for and on behalf of all residents and business owners within the Abuja Municipal Area Council of the FCT) against the Abuja Municipal Area Council, Abuja Environmental Protection Board and others.
He said the establishment of DOAS did not have basis in the Nigerian Constitution.
The creation was said to have been created contrary to the dictates of Section 1 (3) and Paragraph 1 (K) of the fourth schedule of the 1999 Constitution (as amended).
He said, by the provisions of Section 7 and the fourth Schedule 11c (i) of the CFRN 1999 as amended, “It is the function of the local council to control and regulate outdoor advertising and boarding.
“The third defendant (Hon. Minister of FCT) which by virtue of Section 299 of the Constitution is considered to be a state, has no business regulating outdoor advertisement therefore any department created by the third defendant to regulate outdoor advertisement is a multiplicity of agencies and a multiple taxation.”
The judgement stated that the bill for an act to make provision for assessment, laying and collection of tax on real property within the FCT and other matters connected therewith had been pending before the National Assembly (fourth defendant).
It stated, “It is for the claimants to propose the passage of the bill if they feel there is undue delay on the part of the fourth defendant or to apply for an order of mandamus to compel the fourth defendant to do its duties.”
Business
Naira depreciates again, trades at N1,402/$
Naira depreciates again, trades at N1,402/$
The Nigerian currency, naira, on Thursday slightly depreciated at the official market, trading at N1,402.67 to the dollar.
Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), showed that the naira lost N11.71
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This represents a 0.84 per cent loss when compared to the previous trading date on Tuesday April 30, when it exchanged at 1,390.96 to a dollar.
However, the total daily turnover increased to 232.84 million dollars on Thursday, up from 225.36 million dollars recorded on Tuesday.
Meanwhile, at the Investor’s and Exporter’s (I&E) window, the naira traded between 1,445.00 and N1,299.42 against the dollar.
Naira depreciates again, trades at N1,402/$
Auto
Appeal court takes over NURTW case as NIC withdraws
Appeal court takes over NURTW case as NIC withdraws
The National Industrial Court has withdrawn from a case involving Alhaji Najeem Usman Yasin, Board of Trustees chairman of the National Union of Road Transport Workers (NURTW), and Alhaji Tajudeen Ibikunle Baruwa’s ambition to return as president of the union over lack of jurisdiction.
The industrial court’s decision was made to avoid conflict with the Court of Appeal, where the matter is already being heard.
Before the NIC announced its decision to hands-off the case, the defendants’ counsel, Mr. O.I. Olorundare SAN, had informed the court that the matter is currently before the Court of Appeal, Abuja division, and that the industrial court could not continue to adjudicate on the same matter.
The counsel cited authorities to support his claim, adding that the National Industrial Court does not have concurrent jurisdiction with the Court of Appeal.
The presiding judge, O.O. Oyewunmi, struck out the case, stating that the Appeal Court had taken over the matter and that the Industrial Court must respect the hierarchy of courts.
Alhaji Yasin and six others took the case to the Appeal Court, challenging the decision of the industrial court recognising a delegates’ conference held on May 24, 2023, where Baruwa was proclaimed as President of the union for a second term in office.
With the latest NIC judgement, both parties will now proceed to defend their positions at the Court of Appeal and await the final judgement.
Business
Multichoice shuns court order, proceeds with increase of DSTV, Gotv packages
Multichoice shuns court order, proceeds with increase of DSTV, Gotv packages
Despite the intervention of the CCPT, Multichoice Limited has proceeded to increase packages price for DSTV and GOTV as announce on Wednesday last week.
Newstrends had earlier reported that the corporation announced that the new rates will go into effect on Wednesday, May 1, 2024, in a statement.
Meanwhile, on Monday, MultiChoice Nigeria Limited was ordered by the Competition and Consumer Protection Tribunal (CCPT) in Abuja to suspend the planned prices and tariffs hike on packages and services.
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The three-member tribunal, presided over by Saratu Shafii, gave the interim order following an ex-parte motion moved by Ejiro Awaritoma, counsel for the applicant, Festus Onifade.
News prices includes: DStv, Premium bouquet, the price moved from N29,500 to N37,000; Compact+ from N19,800 to N25,000; Compact from N12,500 to N15,700; Confam from N7,400 to N9,300, among others.
For GOtv users, Supa+ increased from N12,500 to N15,700; Supa moved from N7,600 to N9,600; Max from N5,700 to N7,200; Jolli, from N3,950 to N4,850, among others.
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