Ibadan explosion: About N50b properties lost as govt ends rescue operation – Newstrends
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Ibadan explosion: About N50b properties lost as govt ends rescue operation

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Ibadan explosion: About N50b properties lost as govt ends rescue operation

About N50 billion worth of properties may have been lost and reduced to rubble after last Tuesday’s explosion in Ibadan, Oyo State, which killed five persons, injured 77 and rendered thousands homeless, some estate valuers have estimated.
Conservative estimates from estate valuers and cost consultants show that residents may have lost properties so much to the explosion. With about 230 houses claimed to have been affected by the explosion, valuers note that at N150 million per building, a conservative estimate of N34.5 billion would have been arrived at, while other critical infrastructure and vehicles would account for the balance.

This is coming after the Oyo State governor, Seyi Makinde, disclosed at the weekend that a structural integrity test has been conducted on no fewer than 230 houses affected by the explosion.

While speaking at the Nigerian Society of Engineers investiture in Abuja, Makinde noted that the test included plans to resettle affected residents and avert a possible collapse of buildings.

“These past few days have been tough for the indigenes of Oyo State. We had an explosion and lost five lives and a lot of properties were destroyed.

“Between Tuesday and today (Saturday), the Society of Engineers led an effort to look at the structural integrity of the houses around ground zero of the explosion site and as of today, they have carried out integrity tests on 13 houses within 50 metres radius of the blast site, another 40 houses at 100 meters radius.

“They also carried out an integrity test at 200 metres on 122 houses and 53 houses within a 250-metre radius. In total, about 230 houses have been checked and this effort was led by the society. I sincerely thank you for helping us during this difficult time.”

The experts opined that it is at best still a rough estimate as going by ethics of the profession, the actual cost cannot be arrived at until estate valuers see all documents of the properties affected.

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The state government at the weekend disclosed that it has concluded rescue operations on the site of the explosion, while adding that the site is now being fumigated.

According to a source at the Governor’s Office, the state government has concluded operations at the scene of the incident, adding that what the various emergency responders are doing at the site now is fumigation exercise.

Barring last minute change, a Federal Government delegation will be visiting the Old Bodija scene of the explosion today. According to a source, the team will include the Minister of Solid Minerals, Dele Alake; the National Security Adviser (NSA), Nuhu Ribadu among other top government functionaries.

The visit will be for an on-the-spot assessment of the incident, its impact which will guide the Federal Government to making a decision on what form of support and palliative that would be made available for the victims and residents.

Preliminary investigations fingered dynamite stored up by illegal miners as the immediate cause of the explosion. As at press time, no arrest had been made as search and rescue efforts have been concluded.

A visit to the explosion site at Adeyi Avenue, Old Bodija, by The Guardian revealed that properties along Dejo Oyelese Street, Canon Odusanwo Street, Rev Aderinola Street and others were badly damaged while some were irreparably mangled. The explosion also affected some structures at the state government secretariat, University College Hospital (UCH), among many other adjoining areas.

Describing the loss as colossal while assessing the depth of the damage, the Oyo State chairman of the Nigerian Institution of Estate Surveyors and Valuers (NIESV), Pastor Oluseyi Adebayo, said the loss would be difficult to quantify. The same sentiment was also shared by a lecturer at the Estate Management Department of Lead City University, Mr. Adewale Adedokun, adding that the properties destroyed were enormous and run into billions of Naira.

Adebayo said: “To do a comprehensive valuation of property, we need authorisation from the government and owners of such property. Some documents need to be made available to the valuers. However, we can do an on-the-spot assessment. We may not be able to do a comprehensive valuation but a rough estimate.  The properties lost to the incident in that community alone are in trillions of Naira. It is a highbrow area. The cost of property in the area is huge. Again, many cars, electronic appliances and other household goods were destroyed, besides other personal effects.”

For Adedokun: “To say the fact, assets worth more than a trillion naira have been destroyed, considering the high yielding neighbourhood, assets are not only limited to the land and buildings, but it also includes land, buildings, furniture, fittings, jewelry, automobiles, household appliances, and personal properties.

“These are categorised as economic value. What of social and cultural value, environmental value, emotional and psychological values that are intangible and cannot be quantified in monetary terms. In addition, how can we ascribe value to the lives that were lost in the explosion?  In summary, the value of assets lost in the explosion are enormous.”

Adebayo, Adedokun and other estate valuers and investment analysts have urged the government to conduct integrity tests for all buildings within the neighbourhood.

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Others who spoke with The Guardian are the Managing Director, Southwest Housing Exhibition, Dr Olayemi Rotimi-Shodimu; a NIESV Fellow, Fisayo Alo; and the immediate past chairman of NIESV in Oyo State, Solomon Bamidele Faloye.

They also called on the government to engage all relevant professionals to critically analyse the environmental impacts of the blast on humanity and the ecosystem, adding that a review of mining laws concerning keeping of explosives is expedient.

Faloye said it is necessary to conduct an integrity test on all the properties as many foundations have been shaken and may now have cracks leading to collapse afterwards.

Adewale, a lecturer, said: “Government needs to formulate a policy that will mandate every property owner to take life and property insurance policies like that of vehicles. The state government had taken proactive steps in ensuring that lives of injured people were secured and homeless residents accommodated in hotels at the expense of the government.

“Furthermore, the government should engage the services of professionals to analyse the incident to come up with robust reports and recommendations on how to move forward post-explosion effect. The professionals should involve built environment experts to look into the causes, extent of damage to properties around the incident site, assess the worth of the lost assets, determine compensation payable in terms of finance or redevelopment, and fish out the culprit responsible for the explosion.

“Also, experts should carry out impact assessment and integrity tests on the properties within the 500 metres radius from the centre, the environmental pollution, that is air and water. This will ensure safety of lives and properties in the long run. Hence, there is a need for experts to let us know the type and nature of the explosive. We pray it doesn’t have killer components like uranium.”

As victims of last Tuesday’s explosion continue to count their losses, a former director of the National Emergency Management Agency (NEMA), Dr. Olusegun Edward Ojo, yesterday, tasked security agencies, Federal Government and Oyo State government not to limit investigations into the explosives and dynamites of a resident miner as the cause of the incident.

While commending Governor Makinde for his prompt response to the explosion, he emphasised the need to widen the scope of the investigation to discover the immediate and remote causes of the explosion.

Ojo, who is former director of NEMA in charge of relief and rehabilitation, in a statement hinted that “with the massive extent of the devastation; it is very critical that other much more intricate findings on the remote and immediate causes of this incident are embarked upon to prevent a repeat of this anywhere in Oyo State or Nigeria in general.

“I visited the explosion site on Friday for the second time to see what activities were going on and to possibly lend my experience to the process. My interest was fuelled by the fact that I had spent a very good part of my active service life until recently in local and international humanitarian interventions such as the Ikeja ammunition bomb blast of 2002; the Bellview and the Sosoliso plane crashes in 2005; and part of the 2010 Haiti earthquake humanitarian intervention. I was also the National Focal Person on UNDRR’s proactive paradigm in Disaster Risk Reduction.

“I reckon that epidemiological, sanitation and health management were also ongoing to prevent the spread of diseases. But we cannot and must not just simply conclude and go to sleep that the Dejo Oyelese explosion incident was caused by explosives in the premises of the Malian miners.

“This is because of the unimaginable magnitude of the material devastation and loss of lives. We should think out of the box and search widely for other possibilities and consequences given the perennial act of terrorism in the country; and even for remote terrestrial astronomical possibilities as being speculated in some quarters.

“This incident is indeed a good opportunity to learn new lessons, and to reexamine and rejig our community/state-wide security architecture; the not-too-salutary environmental and town planning practices/approvals of incompatible land uses in the city of Ibadan.

“For example, petrol and cooking gas filling stations are located close to business concerns and dense residential areas in some parts of the city without due consideration for possible explosions, fire incidents, and other hazard risk implications,” he noted.

Ibadan explosion: About N50b properties lost as govt ends rescue operation

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UK lawmaker lauds EFCC, says Africa underestimates its strength

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UK lawmaker lauds EFCC, says Africa underestimates its strength

In a significant boost to Nigeria’s anti-corruption efforts, the Economic and Financial Crimes Commission (EFCC) has received international recognition for its tireless work in tackling corruption.

Baroness Verma Sandy of Leicester, a member of the United Kingdom’s House of Lords, has commended the EFCC for its dedication to fighting corruption and promoting good governance in Nigeria.

During a visit to the EFCC headquarters in Abuja on Friday, Baroness Verma Sandy praised the Commission’s new leadership under Executive Chairman, Mr. Ola Olukoyede, for repositioning the organization on the path of professionalism and effectiveness.

She expressed confidence that the EFCC’s efforts would help change the global perception of Africa and build new confidence in the continent.

The Baroness, who led a six-man delegation of the UK-based African Leadership Organisation, acknowledged the EFCC’s efforts in shaping better narratives for Nigeria and praised the Commission’s innovative approaches to tackling corruption.

She emphasized the importance of international collaboration in the fight against corruption and encouraged the EFCC to continue its good work.

Sandy said: “We are so glad to be here. It is important having this organization led by somebody who has brought incredible positive changes to the country. And I want to thank all of your colleagues here for engaging with us today. I believe passionately on the strength of the African Continent. I am not connected at all to Africa, but I have been a champion for a continent that has under-estimated its own strength but has got so much to offer the world. And I think your organization will help change the perceptions and build new confidence. So, I am so pleased and honoured to be here.”

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EFCC Chairman, Mr. Olukoyede, thanked the Baroness and her delegation for identifying with the Commission and acknowledging its efforts.

He reiterated the EFCC’s commitment to tackling corruption and promoting good governance, emphasizing that corruption is a major obstacle to Africa’s development.

He highlighted the Commission’s new focus on prevention and addressing systemic issues that enable corruption, as well as its efforts to stimulate economic growth and prevent foreign exchange sharp practices.

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We’re impressed by Tinubu’s security strategies – UK Govt

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British High Commissioner to Nigeria, Dr. Richard Montgomery

We’re impressed by Tinubu’s security strategies – UK Govt

The British High Commissioner to Nigeria, Dr. Richard Montgomery, has said the United Kingdom is impressed by the security strategies President Tinubu has put in place, even as he restated the support of the United Kingdom for the Nigerian government in this direction, including transparency and accountability in governance.

In his goodwill message, during a High-level Dialogue on Delivering the Renewed Hope Agenda on the theme, “Nigeria’s Global Ambitions: From Hope to Reality,” in Abuja, Richard Montgomery commends Tinubu’s agenda for its focus on priorities and delivery.

“I’d like to use this opportunity to express the whole lot of support of my government to the Renewed Hope Agenda of His Excellency, the President of the Federal Republic of Nigeria, Bola Tinubu. We commend his agenda for its focus on priorities and delivery. We acknowledge that you have done a lot to put in place transparency and accountability.”

Also, the Minister of Industry, Trade and Investment, Dr. Doris Nkiruka Uzoka-Anite, while declaring the forum open, extended warm appreciation to participants, noting that their presence underscored the importance of the efforts towards advancing Nigeria’s economic agenda under President Tinubu.

She stated that the gathering, initiated by the Office of the Vice President, highlights the role of the international corporation in delivering the remarkable goals of the President’s laudable Renewed Hope Agenda.

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Also, the Minister of Information and National Orientation, Alhaji Mohammed Idris, commended the stakeholders’ efforts led by Vice President Shettima which led to the convening of the high-level forum to mark the first year anniversary of the Tinubu Administration.

He said the gathering was both to reflect on the last year and look ahead to the next three years, emphasizing the role of the International Corporation in achieving Mr President’s Renewed Hope Agenda.

On his part, the Minister of Budget and National Planning, Alhaji Atiku Bagudu, said the past year marking President Tinubu’s one year in office had been successful despite being challenging, assuring that the Tinubu-led government is an administration that will renew the hope of Nigerians.

Noting that the event highlighted the importance of international cooperation, Bagudu thanked VP Shettima for gracing the occasion, saying, “Not surprisingly, you chose to come in person to show importance, particularly to partners in the diplomatic and development world, that Nigeria appreciates them and that international cooperation is important to us and it is rooted in our constitution, is rooted in our development plans and is rooted in our Renewed hope agenda.

“Not surprisingly, Mr. President, Asiwaju Bola Ahmed Tinubu, and Vice President Kashim Shetiima, over the last one year, have engaged globally and locally with institutions that represent development partnership, multilateral institutions, and bilateral institutions, consistent with our development agenda”.

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The Minister of Foreign Affairs, Ambassador Yusuf Maitama Tuggar, represented by Senior Special Assistant to the President on International Cooperation, Mr. Dapo Oyewole, reiterated Nigeria’s commitment to long-lasting partnership with the global community.

“President Bola Ahmed Tinubu’s foreign policy will continue to accommodate the interests of all Nigerians and ensure mutual and beneficial partnerships with all nations,” Oyewole said.

Oyewole added that Nigeria will continue to work to unlock all hidden economic treasures in the country.

In his remarks, the Managing Director of the Bank of Industry, Dr. Olasupo Olusi, said the event marked a critical reflection point for all who have explored optimally to harness international corporations in achieving the noble goals of President Tinubu’s Renewed Hope Agenda.

Expressing delight with the theme of the dialogue, “Leveraging International Cooperation to Enhance Trade, Investment and Sustainable Development in Nigeria,” he said the Bank of Industry has witnessed firsthand the transformative power of strategic partnership in driving economic growth and fostering inclusive development under the Tinubu administration.

Also in attendance were Deputy Chief of Staff to the President (Office of the Vice President), Senator Ibrahim Hassan Hadejia; Minister of Women Affairs, Mrs Uju Kenedy Ohaneye; European Union Ambassador to Nigeria and ECOWAS, Amb. Samuel Isopi; Special Adviser to the President on Policy Coordination and Head of Central Delivery Unit, Ms. Hadiza Bala Usman; Chief Executive Officer, Nigerian Investment Promotion Commission; and Acting Country Director of World Bank, Nigeria.

We’re impressed by Tinubu’s security strategies – UK Govt

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Don’t involve Bello’s children in corruption fight, rights group tells EFCC

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Yahaya Bello

Don’t involve Bello’s children in corruption fight, rights group tells EFCC

The Child’s Rights Advocacy Network (CHILDRANE) has asked the Economic and Financial Crimes Commission to leave out the children of former Kogi Governor, Yahaya Bello, from the probe of N80 billion money laundering charges it has levelled against him.

The child rights group carpeted the EFCC for “exposing Bello’s children minors to public scrutiny in the ongoing investigation.”

The spokesperson, CHILDRANE, Emmanuel Abah, during a press briefing on Friday in Abuja, denounced the breach of privacy and other safeguards of Bello’s children via repeated references to them in EFCC’s press conferences and statements.

Abah emphasised the need to protect children’s rights during legal processes.

He warned that “Nigerian child, our hope of any meaningful tomorrow as a nation, were now increasingly an endangered species.

”The EFCC had confirmed the receipt of the refund of $760,000 paid as advance school fees by Bello for his children at the American International School, Abuja.

The school had asked the EFCC to provide “authentic banking details” for the refund of fees paid for the children of the former governor.

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But Abah condemned the action of the school for publicly disclosing her refund of the school fees paid for the children by their family to the EFCC, especially as the action potentially violated the judgment in a case by the Bello family in which the school was a party, while summarily jeopardising the well-being of children to whom she owed a direct duty of care.

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