News
Lagos plans digital platform for monthly rent payment
Lagos plans digital platform for monthly rent payment
The Lagos state government has unveiled plans to build a digital rental platform for monthly rent payments by residents of the state.
The state government disclosed this in a document titled EKO Revenue Plus Summit, themed “Unlocking New Revenue Streams for Lagos State” where the state planned to raise N2.5 billion per annum from an estimated 100,000 subscriptions annually.
According to the report, the digital platform will be co-owned by the Lagos state government through agencies such as the Lagos State Ministry of Housing and other MDAs in the state as technical partners.
READ ALSO:
- Bayelsa plunged into darkness as vandals destroy TCN towers
- Boko Haram attacks Yobe community, 2,390 residents displaced
- Atiku asks FG to arrest those behind genocidal anti-Igbo sentiments
t states, “Lagos Rent Payment Platform- A digitized monthly payment platform co-owned by LASG to activate payment of monthly rents. Income is from transaction fees of an estimated 100,000 transactions monthly @ 5% Transaction Fees are estimated at N2.5b p/a”
The state government’s document also stated that it will invest around N300 million in building the digital platform, operations, marketing, and promotions in the next 4 to 6 months.
The document’s disclosure follows a similar statement by the state’s commissioner of Housing, Mr. Moruf Akindeli-Fatai where he affirmed its commitment to launching the monthly rental scheme and acknowledged that access to affordable financing remains a significant challenge, especially for low-income households in Lagos State. However, he noted that affordable housing is a global challenge, with rising prices and rents worldwide.
Lagos plans digital platform for monthly rent payment
News
Just in: Tinubu swears in Rivers Sole Administrator Ibas
Just in: Tinubu swears in Rivers Sole Administrator Ibok-ete Ibas
President Bola Tinubu has sworn in Vice Vice Admiral Ibok-ete Ibas (Retd.) as the Sole Administrator of Rivers State.
The administrator was sworn in on Wednesday after a short meeting with the President.
Tinubu announced the appointment of the retired naval chief at a nationwide broadcast on Tuesday, when he declared a state of emergency in Rivers State and suspended Governor Siminalayi Fubara, Deputy Governor, Ngozi Odu, and the state House of Assembly members.
The President said his decision was based on Section 305 of the 1999 Constitution, saying he could not continue to watch the political situation in Rivers escalate without taking concrete action.
The suspension of Fubara and other elected representatives has been rejected and condemned by many eminent Nigerians, legal luminaries, groups such as Atiku Abubakar, Peter Obi, Femi Falana, the Labour Party (LP), the Peoples Democratic Party (PDP) and the Nigerian Bar Association.
However, the emergency rule has been praised by the pro-Nyesom Wike Assembly led by Martins Amaewhule, accusing Fubara of contravening the Supreme Court ruling on the political situation in the state.
Ibas was the Chief of Naval Staff from 2015 to 2021.
He is from Cross River State where he had his early education.
The new sole administrator went to the Nigerian Defence Academy in 1979 from where he proceeded to have a successful career in the Navy, rising through the ranks to the very top.
He is a member of the Nigerian Institute of International Affairs (NIIA) and the Nigerian Institute of Management.
President Muhammadu Buhari who appointed him as Chief of Naval Staff conferred him with the National Honour of Commander of the Federal Republic (CFR) in 2022.
News
Breaking: Tinubu declares state of emergency in Rivers State
Breaking: Tinubu declares state of emergency in Rivers State
President Bola Tinubu on Tuesday night declared a state of emergency in Rivers State following the protracted political crisis in the state.
Tinubu made the declaration during a nationwide broadcast, saying it is for six months.
He announced the suspension of the Executive Governor, Siminalayi Fubara, his deputy and all the members of the House of Assembly for six months.
He immediately named an administrator, Vice Admiral Ibok-Ete Ibas (Retd), to take charge of the affairs of the state for the six-month period.
Section 305 of the 1999 Constitution interprets a state of emergency as a situation of national danger or disaster in which a government suspends normal constitutional procedures to regain control.
A state of emergency allows the President to immediately make any desired regulations to secure public order and safety. (Channels TV)
News
BREAKING: Tinubu addresses Nigerians on Rivers political crisis
BREAKING: Tinubu addresses Nigerians on Rivers political crisis
President Bola Tinubu on Tuesday night will hold a nationwide broadcast to address the crisis in Rivers state.
Bayo Onanuga, special adviser to the president on information and strategy, said the broadcast will be transmitted by the Nigerian Television Authority (NTA) and the Federal Radio Corporation of Nigeria (FRCN).
The broadcast is expected to be held by 7pm today.
Video: President Tinubu has declared state on emergency on Rivers state effective immediately, suspends Governor Fubara, his deputy governor and house of assembly members for six months.
He also nominated an administrator pic.twitter.com/jD1g9FHOez— Nigeria Stories (@NigeriaStories) March 18, 2025
-
International1 day agoUK announces new passport application fees starting April 2025
-
Auto2 days agoLanre Shittu Motors offers support for EV bus design competition in universities
-
metro2 days agoIbas: 18 things to know about Rivers administrator
-
News3 days agoBreaking: Tinubu declares state of emergency in Rivers State
-
metro2 days ago
Soldiers take over Rivers Government House after state of emergency declaration
-
News3 days agoTinubu holds emergency meeting with service chiefs
-
metro2 days agoPipeline explosion hits Bayelsa amid Rivers state emergency declaration
-
metro1 day agoCourt lifts order stopping Senate probe on Natasha Akpoti