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Lagos, Magodo residents agree on scheme 11 plan review
By Dada Jackson
The Lagos State Government and the Magodo Residents Association have reached common grounds on contents of the review of Magodo Residential Scheme II Plan.
After several meetings, the two parties finally agreed to leave the estate as residential with no mixed developments, while those who had converted their uses would be made to revert to status quo ante.
It was also agreed among others that no development would be tolerated on Magodo wetlands, CMD road would remain mixed use, while the other side of CMD road would be recovered as buffer zone for the expressway.
The Commissioner for Physical Planning and Urban Development, Dr Idris Salako, who dropped the hint at a stakeholders’ meeting at the Magodo Community Hall, said that the review of the plan of the medium residential estate was important as it bordered on sustainability of the well-planned residential area for the benefit of all and sundry.
He recalled that the Lagos State Government, as part of its intervention of bridging the housing gap in the state, had created the Magodo Residential Schemes, strictly as medium residential estates, through the New Towns Development Authority (NTDA) which had the mandate to develop residential schemes for different strata of the society.
His words: “As a government scheme, it is a truism that your estate, at inception, had gone through the appropriate planning processes to bequeath a serene, orderly, organised and sustainable environment”
Salako added that standard partial and sectoral considerations had equally been made, in line with international best practices; while provisions had been made for all necessary services.
He decried the unapproved change of the estate plan by residents who had unilaterally and illegally altered their uses to allow offices, religious houses and commercial activities of different types spring up in areas where they are not designated.
“It is discomfiting how the Government vision of accommodating the elites of the society in an ambient environment is gradually supplanted by an unsalutary culture of arbitrariness, which, if care is not taken, may create planning disorder and throw up slumming challenges” he said.
The commissioner stated that given this background, government must intervene to restore order in line with the planning regulations which stipulates periodic review of estate schemes to meet contemporary needs.
“Given this realisation, the News Town Development Authority has spearheaded a review of the Magodo Residential Scheme II with the sustainability of the estate in mind as the ongoing review is intended to better the lot of residents of scheme and further the realisation of the T.H.E.M.E.S Agenda of the Lagos State Government” he said.
He urged stakeholders to volunteer their contributions to the review process and give their total support towards achieving a desirable outcome.
Also on the government side were the General Manager, Lagos State Physical Planning Permit Authority, Funmi Osifuye; General Manager, New Towns Development Authority, Kunle Aboyeji; and Bola Aliu, Director, Technical Services, while the MRA BOT chairman, Chief Owojori, Rotimi Abdul, Rev. Akindele and Former Commissioner for Physical Planning and Urban Development, Fransisco Abosede spoke on behalf of the residents.
News
FG declares Tuesday July 15 public holiday to honour Buhari
FG declares Tuesday July 15 public holiday to honour Buhari
The Federal Government has declared Tuesday, July 15, a public holiday to honour the late former President Muhammadu Buhari.
Buhari died on Sunday at a clinic in London of protracted illness related to lukemia.
The public holiday is in addition to the seven days of national mourning earlier declared by President Bola Tinubu.
Minister of Interior, Olubunmi Tunji-Ojo, announced the break in a statement released on Monday through the ministry’s Permanent Secretary. Magdalene Ajani,
Tunji-Ojo said the holiday is a gesture of respect for Buhari’s contributions to Nigeria’s democracy and development.
“President Muhammadu Buhari served Nigeria with dedication, integrity, and an unwavering commitment to the unity and progress of our great nation,” the minister said.
This public holiday provides an opportunity for all Nigerians to reflect on his life, leadership, and the values he upheld.”
Tunji-Ojo asked Nigerians to use the day to promote peace, patriotism, and national unity in line with Buhari’s vision.
FG declares Tuesday July 15 public holiday to honour Buhari
News
Two Nigerians on list of America’s richest immigrants in 2025
Two Nigerians on list of America’s richest immigrants in 2025
Two Nigerian-born billionaires, Adebayo “Bayo” Ogunlesi and Tope Awotona, have been named in Forbes’ 2025 list of America’s Richest Immigrants.
The list features 125 billionaires from 41 countries, who collectively make up 14% of all billionaires living in the U.S. and control 18% of the country’s total billionaire wealth.
Top on the list are three South Africans, including Elon Musk ($393.1bn, Tesla, SpaceX); Patrick Soon-Shiong ($5.6bn, pharmaceuticals), and Rodney Sacks ($3.6bn, energy drinks).
They are closely followed by Ogunlesi, with a net worth of $2.4 billion, ranked 77th and recognized for his success in private equity, while Awotona, known for founding scheduling software company, Calendly, sits at 106th with a $1.4 billion net worth.
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Other African-born billionaires on the list include Haim Saban from Egypt ($3.1B, TV and investments); Marc Lasry from Morocco ($1.9B, hedge funds); and Bharat Desai from Kenya ($1.6B, IT consulting).
Forbes noted that a remarkable 93% of them were self-made, having built their fortunes primarily in industries such as technology and finance.
The growing number of immigrant billionaires, up from 92 in 2022 to 125 in 2025, reflects a shifting demographic and reinforces what Forbes describes as the “immigrant mindset”: a blend of resilience, innovation, and the drive to seize opportunity that continues to shape America’s economic landscape.
Forbes also released a list of top 10 America’s richest immigrants to include Elon Musk, net worth: $393.1bn; Sergey Brin, net worth, $139.7bn; Jensen Huang, net worth, $137.9bn; Thomas Peterffy, net worth, $67.9bn; and Miriam Adelson & Family, net worth, $33.4bn.
Others are Rupert Murdoch & Family, net worth, $24bn; Peter Thiel, net worth, $21.8bn; Jay Chaudhry, net worth, $17.9bn; Jan Koum, net worth, $16.9bn; and John Tu, net worth, $14.1bn
Two Nigerians on list of America’s richest immigrants in 2025
News
Reps move for review of INEC chairman appointment process
Reps move for review of INEC chairman appointment process
The power of the President to unilaterally appoint Chairman of the Independent National Electoral Commission (INEC) may be whittled down in a constitutional review proposal.
The House of Representatives Committee on Constitution Review is currently considering the proposal to bring the National Judicial Council (NJC) into the process.
According to a report by PUNCH, the amendment seeks to reduce the influence of the executive arm by enhancing the transparency and impartiality of INEC leadership appointments.
This proposed shift follows long-standing calls for electoral reform, including the recommendations made in 2007 by the late Chief Justice of Nigeria, Muhammadu Uwais, who led the Electoral Reform Committee.
The Uwais-led panel had advised that the NJC, rather than the President, should be responsible for nominating INEC board members, and that the commission’s funding should come directly from the Consolidated Revenue Fund to safeguard its autonomy.
Former INEC Chairman, Prof. Attahiru Jega, said that the proposed change was a positive development.
“It is a welcome development. It is one of the many good recommendations on how to insulate the position of whoever is chairman of INEC from political and executive pressures, as well as curing the deep-seated impression that ‘he who pays the piper dictates the tune.’”
Executive Director of YIAGA Africa, Samson Itodo, echoed this support, though he raised concerns about the NJC’s neutrality.
“The proposal by the National Assembly to amend the constitution to involve the NJC in the appointment of the INEC chairman is in line with Justice Uwais’ recommendation because over time, we have seen how presidents appointed their protégés and cronies, including people with a clear partisan background, into INEC.
“It is because of this that YIAGA Africa called it institutional capture, that is, INEC captured by the executive arm.
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“Is the NJC independent enough to manage the appointment of the INEC chairman in view of the fact that the CJN has overbearing powers in determining the members and the composition of its members?”
While backing the intention behind the reform, Itodo advocated a more inclusive approach.
He said, “I don’t know if this proposal to have the NJC manage the appointment process is a welcome development or if it would inspire confidence on the part of Nigerians.
“It is good to remove the power of appointing the INEC chairman from the President, but is it possible to set up a multi-stakeholder committee to manage this process and then send nominations or those who successfully passed the interview process to the National Assembly for screening before appointments by the President?
“There has to be a way of ensuring that whoever is responsible for any action in the appointment value chain is independent, so that we don’t have partisan people getting appointed to the electoral commission.”
Auwal Rafsanjani, Executive Director of the Civil Society Legislative Advocacy Centre, also supported the involvement of the NJC, suggesting it could help rehabilitate the image of the judiciary.
“If the National Assembly can amend the constitution to allow the NJC to have a say in the selection process of the INEC chairman, it will be a good development. It will enhance the integrity and credibility of the NJC because Nigerians are beginning to question the character of the judiciary. Nigerians are losing confidence in the judiciary because of their perception of injustice perpetrated by that arm of government.
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“Hopefully, NJC members who will be involved in selecting the INEC chairman, as well as the Commissioners, will help the image of the judiciary. Our constitution does not allow partisan persons to head the electoral commission, but successive presidents have been ignoring this constitutional provision. So, NJC members who are expected to be non-partisan would assist in selecting a good person to head INEC,” Rafsanjani said.
Reps move for review of INEC chairman appointment process
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